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Viva La Crypto • November 20-21, 2018

 Viva La Crypto is the first and biggest event in Mexico about blockchain technology and cryptocurrencies, more than 40 sponsors…

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Tag: financial system

Bank of Israel Publishes a Report On Central Bank Digital Currencies

Category: Altcoins, Blockchain, Business, Exchange, Finance, News, Platform, Tech

Bank of Israel Publishes a Report On Central Bank Digital Currencies

The Governor of the Bank of Israel, in November 2017, appointed a team of research analysts to explore the possibility of introducing Central Bank Digital Currencies (CBDC). According to the report, published on November 6, 2018, the team raised many concerns and did not recommend the Bank of Israel to progress forward with a digital currency in the near future….

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Ugandan Authorities to Develop Blockchain-Based Renewable Energy Economy

Category: News

Ugandan Authorities to Develop Blockchain-Based Renewable Energy Economy

After helping Ugandans to become their banks and seamlessly carry out daily financial transactions like purchasing mobile airtime, paying electricity bills and more, without having to pay exorbitant banking fees, the creators of DALA, an Ethereum-based ERC-20 token, are now partnering with the Ugandan government and other local firms to develop a blockchain-powered renewable energy economy, reported TechCrunch on October…

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Oil-backed Petro Cryptocurrency Set to Officially Become Venezuela’s Second Unit of Account

Category: Altcoins, Blockchain, Development, Finance, News, Tech

Oil-backed Petro Cryptocurrency Set to Officially Become Venezuela’s Second Unit of Account

President Nicolas Maduro of Venezuela has announced on August 14, 2018 that with effect from August 20, 2018, the petro cryptocurrency would officially become the second unit of account in the nation, as the central bank issued altcoin will be used extensively by state-owned oil firm, PDVSA and may also be used to pay workers’ salaries. Petro Crypto Goes Official…

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Imperial College: Cryptocurrencies like Bitcoin Can Upend the Nature of Financial Systems

Category: Altcoins, Bitcoin, Commentary, Ethereum, Finance, News

Imperial College: Cryptocurrencies like Bitcoin Can Upend the Nature of Financial Systems

A report by the prestigious university Imperial College London has said that cryptocurrencies like bitcoin and ether have already fulfilled one of three primary criteria of money and the former has the potential to upend the nature of financial systems. Digital Assets are Already a Store of Value According to professor Knottenbelt, for an asset to be considered as money, it…

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