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May 18

Banking on the Blockchain

The World of BankingIf you’re like me, you have at least one bank account or maybe even a handful of them at various different banks. Perhaps you have a checking account, a savings account or even both. You might have direct deposit set up so that your job pays you directly, a debit card to easily spend money from your account and a credit card all from the same bank. These services are just a small portion of what banks are capable of offering.Figure 1: Some of the many services banks provid...

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