Came across this article:
"We will fundamentally need a crypto clearinghouse to see that liquidity," says a senior JPMorgan JPM +2.1% executive, speaking on background. "Once that exists, banks will move their liquidity to it."
"Clearinghouses, designed to sit in between trades in order to guarantee payment in the event either counter party defaults, ensure trading desks are able to handle orders."
They mentioned a crypto called RVP that claims to be the first blockchain clearinghouse. First time hearing about it so I looked into it and found this interview:
https://www.youtube.com/watch?v=aEJxXHM11nw
After watching this I started to wonder...why can't Hashgraph be used for something like this? JP morgan seems pretty interested and I'm sure other institutions are as well. Thoughts?
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