/biz/ - Business & Finance

new thread
>>29833000
new thread
>>29833000
new thread
>>29833000

with bonus gratifying digits

my mental health has deteriorated to the point where reading FinTech patent applications is more erotic to me than looking at pictures of scantily clad women

With the advent of digital currencies and decentralized ledgers, the use of nostro accounts may be largely eliminated, releasing the parked money therein to be deployed by the banking institutions accordingly, as described herein. A computing system is provided herein that implements a cross-medium transaction service by leveraging the use of a digital currency and ledger (e.g., a decentralized, distributed ledger) to replace the need for clearing houses and/or nostro/vostro accounts. This cross-medium transaction system operates to provide on-demand liquidity for cross-medium exchanges such that fund settlements can occur at any time within seconds or fractions of a second, as opposed to several days in the current implementations. As such, the computing system implements real-time gross settlement, and is not limited to banking institutions or currencies, but may rather be implemented for any exchange of value (e.g., commodities, other digital currencies and assets, bonds, stocks, securities, etc.).

>A computing system is provided herein that implements a cross-medium transaction service by leveraging the use of a digital currency and ledger (e.g., a decentralized, distributed ledger) to replace the need for clearing houses and/or nostro/vostro accounts.

hnnnnnnnggggg we're gonna be so fucking rich its ridiculous

COMING IN THE AIR TONIGHTTTT