(sorry, in a taxi and went through a pothole, causing premature posting!)
The news is that someone made it work, and got IBM, which handles 70% of the world's payments, to deploy it in a region that already had real time payments, and runs without VC money or coin value subsidies, profitablity - where consumers can't afford to pay an extra $1.00 a month to send money home.
That, by implication, means the technology is maturing - and the business case is viable, and it doesn't take VC scales of money to make this work.... And anyone who needs that, is pulling wool over investors eyes.
16 Oct 2017 14:28 Read comment
I used to think so too, Colin! I have similar stories, about how long klickex has been doing real time, and how much cheaper than blockchain it is...
But you then realise that building for global scale isn't as easy as a press release. Or even getting 100,000 users.
This thing is built for scale. No other blockchain Solution could meet our preformance requirements. This is the first. But this isn't really the major announcement (that we've made a blockchain system work, it connects to most banks in Australia and NZ and the UK in real time, that it spits ott to 5 countries including 4 mobile network operators, and is already handling nationally significant volumes).
16 Oct 2017 14:21 Read comment
Wow - Barry should send his CV to us, we're hiring. And profitable. And busy. Robert@KlickEx.org
17 Mar 2014 02:14 Read comment
Ram SundaramCOO at TerraPay
Adrian GrantCOO at 9 Spokes International Limited
James WoosterCOO at Glue42
Sean MurphyCOO at The Connector
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