Peer to peer banking. Bitcoin.

[Gregorian]

It seems that this is the way forward with banking. No humans involved. Just machines. We have seen what bankers have done. I'm still learning about it. It appears to be for converting currency to anything. I can't do it justice. But I think it's something really important.

http://bitcoin.org/

Bitcoin is one of the first implementations of a concept called crypto-currency, which was first described in 1998 by Wei Dai on the cypherpunks mailing list. Building upon the notion that money is any object, or any sort of record, accepted as payment for goods and services and repayment of debts in a given country or socio-economic context, Bitcoin is designed around the idea of using cryptography to control the creation and transfer of money, rather than relying on central authorities.



edit- I'll throw this in here - http://en.wikipedia.org/wiki/Bitcoin