Building a universal ledger. To blockchain or not to blockchain.

I spend a lot of time in banks these days and there is a lot of discussion about blockchains. Described another way, there is a lot of discussion about what the appropriate way is to technically store data for the purpose of reducing risk and increasing transaction speed. It's interesting to me because most bank business… Continue reading Building a universal ledger. To blockchain or not to blockchain.

Breaking down the Dwolla network to its core.

Dwolla, as a network... has no money. It's not a bank. DWolla does not hold money. The DWolla network talks to banks on behalf of members of the network. Your money, my money, is already virtualized. The first time I was explaining that concept to a bank they looked at me sideways and the room fell silent.… Continue reading Breaking down the Dwolla network to its core.