Core Banking Systems
What safeguards prevent a bank from artificially creating balances or simulating deposits, similar to how Bitcoin uses proof-of-work and an auditable ledger?
Jan 12, 2016
How Banks Work
How is money “virtualized,” what prevents banks from misreporting funds, and what would a new bank need to do to accept and hold digital balances?
Jan 12, 2015
How Banks Work
What happens if you deposit or cash a check that includes a fraction of a cent?
Jan 2, 2014
How Banks Work
If account balances aren’t tied to physical cash, what prevents digital manipulation?
Jan 1, 2013
How Banks Work