Banks don’t want to deal with treasury departments nor do the banks want to be beholden to federal governments regarding prime rates.
Ethereum allows banks to circumvent these types of issues because rates are dictated by banks not by governments and their treasury departments.
Crypto currency is coming soon. It’s only a matter of time and validating processes now.
Isn't "debt" a contract between the bank and a user? How do you transfer that and to whom?
And at the same time it's not battle tested. Any CFO who signs of on something like that risks shareholder fury when anything goes wrong.
Banks don’t want to deal with treasury departments nor do the banks want to be beholden to federal governments regarding prime rates.
Ethereum allows banks to circumvent these types of issues because rates are dictated by banks not by governments and their treasury departments.
Crypto currency is coming soon. It’s only a matter of time and validating processes now.