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With peer to peer technology, everyone can be a bank

Michel Bauwens

9th November 2010

The above title is one of the strong statements by David Hales in a lecture on peer to peer banking. It goes into quite some detail about the peer to peer aspects of new “chains of trust”-based peer finance projects:

Ludwig Schuster writes about this video:

“This is really one of the jewels re p2p-currency video lectures: videolectures.net/eccs07_hales_end/

Unfortunately it is not yet linked to the p2p pages and almost unknown in the complementary currency movement. I send it to you as I think you will enjoy it and spread the word most effectively within your networks.”

Video:

Emergent Networks as Distributed Reputation System

David Hales

This entry was posted on Tuesday, November 9th, 2010 at 10:08 pm and is filed under P2P Money, Video. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “With peer to peer technology, everyone can be a bank”

1. KingofthePaupers Says:
   November 10th, 2010 at 11:47 am

   Jct: I’ve been my own online bank for over the past 10 years and johnturmel.com/unilets.htm is my own rudimentary but completely functional timebank account. And P2P is only making it easier for others to do the same.

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