"Tokenized" anything seems like such a dead end to me. You still have all the same problems: what if the assets that are being tokenized disappear or weren't there in the first place? What if the money isn't in the bank?
Blockchains do absolutely nothing for this problem. So, what's the innovation there? I hardly imagine that the correspondent banking system sucks because they couldn't figure out how to coordinate their spreadsheets or something.
International payments suck because of regulation. Unless the government is planning on stepping out of the way, I don't see how this will be an improvement on anything.
"Tokenized" anything seems like such a dead end to me. You still have all the same problems: what if the assets that are being tokenized disappear or weren't there in the first place? What if the money isn't in the bank?
Blockchains do absolutely nothing for this problem. So, what's the innovation there? I hardly imagine that the correspondent banking system sucks because they couldn't figure out how to coordinate their spreadsheets or something.
International payments suck because of regulation. Unless the government is planning on stepping out of the way, I don't see how this will be an improvement on anything.
I mean, do they even have any byzantine generals?