Sunday, March 06, 2011

Back to the future with peer to peer coinsystem for the internet... or merely a scam?

It's not clear to me whether BitCoin is a serious system or merely an interesting way to create money with people who still believe in these kinds of systems. Non-centralized payment systems with digital coins in my view have a tendency to not be possible/workable. So I'll leave it at this pointer only to find out in some 15 years time that I may have misjudged the new paypal here... ;-)

Thursday, March 03, 2011

Rabobank will start with mobile payments via Ideal

See the press release here and discover that Rabobank will use its mobile banking app also for Ideal. It is announcing that this is an experiment, to be the first Dutch bank to find out how this works. This going-for-it-alone-approach might raise a few eyebrows with other banks and Currence though (scheme owner of Ideal). Yet, it is only an experiment, so other banks may benefit from skipping part of the learning curve...