And I was like okay, I want to have create this place where it's the financial crossroads or like the financial exchange essentially solving money from an information theory standpoint where The current banking system is a large number of heterogeneous databases with batch processing that are not secure. And if we could have a single database that was real time and secure that would be more efficient from an information theory standpoint than a large number of heterogeneous databases that batch process Very slowly and securely. (37:20–37:33)
CLAIM
Asserts that the current banking system is inefficient and insecure due to its structure.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
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