this post was submitted on 30 Sep 2025
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[–] neatchee@lemmy.world 1 points 1 month ago* (last edited 1 month ago)

You've misunderstood. They're not using this for inter-bank transfers. They're using it for inter-branch/intra-bank communication. And most major banks - certainly the ones investing in blockchain - have hundreds to thousands of branches.

Not to mention signing+encryption and blockchain are not mutually exclusive. You can have signed and encrypted blocks on a chain