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How Keeta processes 11M financial transactions per second with Spanner

cloud.google.com

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Re: How Keeta processes 11M financial transactions per second with Spanner

#3

Post by SilverCipher »

Interesting article from Google. Keeta seems to have a legitimate differentiator in their architecture.

I've been DYOR and I suspect that once a few companies start using their network, Keeta will quickly become indispensable because of their speed and low usage cost.

Also wonder if those companies who sell over Keeta will pass the savings on to consumers. hmmm :)

Thanks xescure

Re: How Keeta processes 11M financial transactions per second with Spanner

#4

Post by jeanPF »

I quote Google Cloud literally, today August 14:

"Tens of trillions of dollars worth of value are transferred across outdated financial systems daily — and Keeta Network has proven it has the speed, scale, and security to be the foundation for a new, interconnected ecosystem."

"Google Cloud was also instrumental in helping to prepare and execute Keeta’s stress test, providing world-class infrastructure and technical guidance that helped validate the network’s real-world performance"

Re: How Keeta processes 11M financial transactions per second with Spanner

#8

Post by gigatexal »

Oh cool a blockchain crypto thing that will actually be compliant and do KYC and such and not take forever to settle things.

If crypto destroys the fx money changer companies that charge egregious fees and makes it such that I can send money to friends and family without delay and fees I’d be all for that.

Maybe sane officials will let the US Federal Reserve launch a digital dollar and finally fix all the middle men sucking no-value-added rents out of the financial system

Re: How Keeta processes 11M financial transactions per second with Spanner

#9

Post by delusional »

gigatexal wrote: post #8

Oh cool a blockchain crypto thing that will actually be compliant and do KYC and such and not take forever to settle things. If crypto destroys the fx money changer companies that charge egregious fees and makes it such that I can send money to friends and family without delay and fees I’d be all for that. Maybe sane officials will let the US Federal Reserve launch a digital dollar and finally fix all the middle men…

The problem with a good "blockchain crypto thing" is that if they were going to be good anyway, there are much better/cheaper technologies for doing banking.

Blockchain technology is not just a scam industry by happenstance. The technology is so bad at what it usefully does that it necessitates being a scam industry. If it was to compete with mainline banking, it would lose 10 times out of 10.

Re: How Keeta processes 11M financial transactions per second with Spanner

#10

Post by TylerE »

SilverCipher wrote: post #3

Interesting article from Google. Keeta seems to have a legitimate differentiator in their architecture. I've been DYOR and I suspect that once a few companies start using their network, Keeta will quickly become indispensable because of their speed and low usage cost. Also wonder if those companies who sell over Keeta will pass the savings on to consumers. hmmm :) Thanks xescure

Plank possible shill any harder? What is this crap?
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