Funds, particularly these throughout borders, are sometimes touted as a key use case and worth proposition for the blockchain business. Sadly, a have a look at each the expertise, competitors, and regulatory surroundings doesn’t actually help that concept. And the launch of FedNow by the Federal Reserve in late-July is an efficient event to check out why, for most individuals and firms, the worth proposition of utilizing crypto or blockchains for fundamental cost providers isn’t very interesting.
