A recent paper report from KPMG, one of the Big Four auditing firms, says this about the cryptoassets industry:  “Cryptoassets have potential. But for them to realize this potential, institutionalization is needed. Institutionalization is the at-scale participation in the crypto market of banks, broker dealers, exchanges, payment providers, fintechs, and other entities in the global financial services ecosystem.” Payment processing is one of the areas where the auditing firm believes emergent institutions are required. The traditional financial system currently faces … Continue reading GRAFT is Providing an Alternative to Credit Card Networks via Real-time Authorizations and Service Provider Ecosystem on a Private Blockchain