Using Blockchains For Traditional Financial Transfers

From the moment Bitcoin was released, advocates were quick to point to its ability to enable rapid, inexpensive transfers of fiat between people, institutions, and across borders. Although there is certainly a debate over the extent to which crypto will one day replace centralized fiat, there is no doubt that it is rapidly becoming a medium by which fiat is moved. Notably, large financial institutions are quickly embracing blockchain technology because of its advantages, and many governments are