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Originally Posted by stumped
i was curious enough to go look at what happened to the digital certificates of ~1999 plans. Even my own laggard bank sank millions into an interbank consortium that was going to bring about the great new digital money thing, but it just crashed and burned. as did Mondex ( a midland bank- Nat west bank anonymous digital money trial
this one: Friday 30 October 1998 | 00:00 CET | News
Barclays Bank has joined eight other banks, including Citibank and Deutsche Bank, and CertCo, security vendor, in a consortium which will issue digital certificates for secure online trading in order to encourage business-to-business E-commerce. The consortium will use software from CertCo Software (US), vendor, based on the Public Key Infrastructure technology. The scheme will be managed by a profit-making group which has not yet been set up. The group will install infrastructure in late-1998 and launch a trial service in early-1999.
it was going to replace SWIFT but it never did. had it worked, banks would, a have sold and managed digital IDs for companies to use for e-commerce as per this article. https://www.thalesgroup.com/en/marke...gital-identity
and in ~2018 Fran Rooney, the ex CEO of Baltimore Technologies tried to establish irelands first cryptocurrency - Mongo- which is now on the dead coins list |
Bitcoin doesn't need your bank to have success. I'm sorry to hear that one of your investments didn't work out but it's also not a good reason to dislike bitcoin.