If your firm is looking for new ways to recognize real
value from collections files, trying to locate or contact consumers motivated to settle their debts and who are funding trust accounts for this purpose on a monthly basis and if your firm is seeking an enhanced
layer of security and compliance when dealing with third parties in the debt
settlement industry, consider a strategy focusing on consumers enrolled in debt
settlement programs and select a commercial vendor that aggregates this data to make the process of working with this industry more efficient, compliant and profitable.»
Circle is also launching a new blockchain technology dubbed Spark: a protocol for digital wallets to exchange
value using blockchains, including bitcoin, as
settlement layers.
Other
settlement layers like Ripple, Stellar or the defunct Falcon Protocol don't actually move
value and are no different than using a MySQL database... they are cryptocurrencies which may be better than bitcoin for payments but have no liquidity and address none of the above - noted use cases regarding creating decentralised fiat pegged cryptocurrencies, «great for banks but not for remittance providers» says Bitspark.