About seven years ago, I started coding on a program for digital payments using pgp keys as accounts. I still have not finished it, not because it is hard, I just don't program fast :) Over the last six months Trubanc has come together and no doubt will get lots of use as it does much of the magic I have been trying to implement only much more shiny. For those that reject the easy shiny way, my rough awkward gritty way is almost done as well. Along with requiring some technical knowledge and only for certain system configurations (Linux) a much more close to the crypto solution is coming soon. If you already have a gpg/pgp key, you already have an account! I am still slowly hammering away at code, but if you dont mind rough edges and would like to play let me know! I need testers! I have skipped my java version and just doing some simple scripts to do the work. As an overview, the fingerprint of each key is associated with a balance in a variety of commodities held at a vault. Transactions are performed by signing a transaction to transfer an amount to a different key. Very similar to trubanc, but done very simply, no client required if you stick to the format to use, or very simple inspectable script that generates transactions to be signed. Your private key never leaves your control. Very easy for multiple vaults to exist eliminating any centralised point to be raided. While not dependent on loom or other systems for asset backing, loom does seem ideally suited as an inter-vault settlement system. Once some testing is done a web and email server for transactions will be trialled and as many can set up their own as they please. I would very much like to email with someone who is interested in testing such a system. cya, Andrew...