Nice article. Love the explanation and scenario used. But can't bob directly send the money to alice using vtnglobal instead of using an agent? Is the agent really necessary.
RE: Remco, the Crypto Money Orders, with a plus.
You are viewing a single comment's thread from:
Remco, the Crypto Money Orders, with a plus.
Right, since the transaction will be done one the blockchain which is decentralized, I also see no need for middlemen (agents) anymore.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Exactly. I am a bit confused on that end. Even in the traditional system can't I carry out my transaction without middlemen?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
they said the receipent will not know that the money was transfered through blockchain network! i mean transection can happen without any middleman! but to keep the statement they'll need a agent that'll receive the fund and deliver to orginal one!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That is the thing; it will be extremely costly if VTNGlobal opened office everywhere Hence the agents. This approach would not require VTNGlobal to establish a physical office, hire employees, get Registrations...etc
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit