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A world without blockchain

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A world without blockchain
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How (inter)national money transfers works
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147
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CC Attribution 4.0 International:
You are free to use, adapt and copy, distribute and transmit the work or content in adapted or unchanged form for any legal purpose as long as the work is attributed to the author in the manner specified by the author or licensor.
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Abstract
Instant money transfer, globally without borders and 24/7. That’s one of the promises of Bitcoin. But how does national and international money transfer work in the world of banks?
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