Packet Design was set up to focus on Wi-Fi and other basicnetworking issues while avoiding such big-company hassles as having to choreograph quarterly earnings.
There is still a lot to be done in removing operational cost inside the data center: Now-separate elements like compute, storage and networking are increasingly intertwined, and may eventually be subsumed into a single basic operation where few programmers go.
The basic premise of these bank disintermediaries is that they harness the networking power of the Web to match people who have excess cash with people in need of it or those who simply want to refinance credit card debt.