> The FedNow Service requires all messages to be cryptographically signed. The service validates the signature
and association between the entity sending the message and the key used to sign it.
Hey, that's neat. I'm super curious how much the internals of this thing could be compared with something like a cryptocurrency. Are those signatures representative of the identities making the transaction? Might it be technically feasible some day for me to craft a transaction on my phone to send money to someone, then publish it directly, and have the person instantly confirm that they received a payment without needing to talk to a bank?
I'm really curious if this is what is going to eventually morph into the CBDC that everyone seems so excited about, or if that project is going to start from scratch.
Hey, that's neat. I'm super curious how much the internals of this thing could be compared with something like a cryptocurrency. Are those signatures representative of the identities making the transaction? Might it be technically feasible some day for me to craft a transaction on my phone to send money to someone, then publish it directly, and have the person instantly confirm that they received a payment without needing to talk to a bank?
I'm really curious if this is what is going to eventually morph into the CBDC that everyone seems so excited about, or if that project is going to start from scratch.