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Bank software will allow for referenced currencies

Bank software will allow for referenced currencies

by admin
in news

CloudCoin banks will be able to issue their own currencies that reference real CloudCoins. This would allow people in communities (like everyone playing the same video game) to trade CloudCoins without having to use the RAIDA every time they trade (to authenticate). Instead they would authenticated with a trusted community server /bank. This would dramatically reduce the load on the RAIDA and allow anyone to issues money based on CloudCoins.

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