RealUnit’s Vision: Creating a Switzerland-based Settlement System for the Global Economy

RealUnit’s Vision: Creating a Switzerland-based Settlement System for the Global Economy

The distributed ledger technology will narrow banks’ profits on cross border settlements by decreasing the number of intermediaries, and thereby, lowering counter-party risk. Banks earn an average of 6% in revenue on consumer to consumer international payments while Business to Business payments generate less than 1 basis point in return. Another way blockchain helps Main Street instead of Wall Street.

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