Big news: Quant is partnering with @TCHtweets to bring on-chain, #programmablemoney to the US.
We will provide the interoperability layer that lets #tokeniseddeposits move freely within the regulated banking system.
This builds on our work in the UK, Europe and beyond.
Read the press release here: https://t.co/OQJXzfN3lr or the blog here: https://t.co/Y39YiIAZD6
#OnChainMoneyInitiative
Money is entering a new era, and this week the UK proved it with real customer money.
UK banks and @UKFtweets have completed the first live customer transactions using tokenised sterling deposits on #GBTD, the platform built by @quantnetwork. Two remortgages and a marketplace purchase, each settling automatically the moment agreed conditions were met.
This is the move from simple push/pull transfers to #programmablepayments. Same trusted bank money, same protections, now able to carry its own rules.
And it happened on shared infrastructure, with #tokeniseddeposits moving between institutions on a common platform built for the whole industry.
This is where money is headed: programmable, always-on and moving seamlessly across the financial system.
https://t.co/5z5Z9ctolW
One of the greatest viruses of the modern man is looking at Instagram Stories. You will melt your brain looking at a barrage of outcomes—like vacations, parties, cars—with no visibility of the process that got them there.