The Ghan the standard gauge Stirling North to Marree line opened, and the Ghan was curtailed to operate only north of Marree. In October 1980 the remainder of the line was replaced by a standard-gauge line built to the west of the original line. An extension north from Alice Springs to Darwin opened in January 2004. Construction of what was then known as the Port Augusta to Government Gums Railway began in 1878 when Premier of South Australia William Jervois broke ground at Port Augusta. The line reached Hawker in June 1880, Beltana in July 1881, Marree in January 1884 and Oodnadatta
Banking as a Service a traditional, licensed and regulated bank. Above this bank would be the centralized Middleware layer that Skinner refers to as “Bank as a Service.” Added on to the Bank-as-a-Service is a group of decomposed banking services consisting of an ecosystem of FinTech startups and service providers. With this technology, based on the BaaS-platform, it is possible to create FinTech banks, which could improve banking processes and provide increased convenience for banking clients. In such a constellation, FinTech banks are enabled to compete directly with banks by offering core-banking services without having to build all the products that would be needed.