Re: Just to be clear
"These things are of interest to techies like the people who read this website, but not really that important in the overall scheme of things."
I think the following paragraph might create a step change in the financial system.
"It transforms the process around intra-company foreign exchange activity, automating several manual procedures and reducing reliance on external settlement networks."
At present credit and debit cards are an effective duopoly of Visa and Mastercard, both charging exhorbitant fees. This could eliminate these parties skimming every transaction