The fact is, this already has established banking channels, they...

The fact is, this already has established banking channels, they have access to the systems, the contacts, already have their foot in the door and are generating cashflow

This is a huge point of leverage and suits a blockchain strategy almost perfectly

Everything I read about PIL, screams blockchain potential. From establishing international payment corridors with instant settlement etc

Rod is definitely an industry heavyweight and experienced in cyrptocurrency  

“He has been at the forefront of developments in payment services for three decades, spanning cards, EFTPOS, ATM, cheques, cash, mobile, internet, crypto-currency, wallets, direct debit/credit, RTGS, SWIFT, trade finance. ”

What people like @ualeon fail to realise, is their are shells with no business, no connections, no prospects simply dropping the word “blockchain” and running to $10M+ market caps due to sentiment - PIL have a genuine business model than can be scaled and improved significantly through blockchain - they are the ideal candidate

Can’t knock them for raising money at a premium either

I think this will have legs .. just needs better promotion