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Sweden, the Scandinavian country famous for ABBA, Bjorn Borg, and Volvo, is leading the way in becoming the world's first cashless country, and the technology behind Bitcoin and the cryptocurrency it spawned will help that process. We are promoting.Two years ago, in October 2015, Niklas Arvidsson, a researcher in industrial economics and management at KTH Royal Institute of Technology in Stockholm, helped write a study predicting that the country would become the first to adopt a cashless society. I did. “Cash remains an important means of payment in many national markets, but this is no longer the case here in…
This article is over 6 years old.There aren't many people who are truly believed to be “the next Jack Ma,” the founder and executive chairman of Alibaba. Please appear on stage right. Justin Sun is a creative visionary determined to make his business a global changer. So, can he really become the next Jack Ma? Sun is the founder and CEO of TRON, a blockchain-based open source platform for the global digital entertainment industry, with an initial coin offering (ICO) scheduled for September this year. TRON has already surpassed Bitcoin and Ethereum to become the first smart contract blockchain protocol…
There aren't many people who are truly believed to be “the next Jack Ma,” the founder and executive chairman of Alibaba. Please appear on stage right. Justin Sun is a creative visionary determined to make his business a global changer. So, can he really become the next Jack Ma? Sun is the founder and CEO of TRON, a blockchain-based open source platform for the global digital entertainment industry, with an initial coin offering (ICO) scheduled for September this year. TRON has already surpassed Bitcoin and Ethereum to become the first smart contract blockchain protocol with over 10 million wallet users…
The Eurobank Association has today published a new information document exploring the potential benefits and use cases of cryptographic technologies in the context of international payments, and more specifically correspondent banking.Cryptography in international payments was provided by the EBA's Cryptography Working Group. This working group brings together experts from EBA member organizations to consider promising business models for distributed ledger technology related to payments and transaction banking. “After analyzing the value that cryptography could bring to supply chain financial processes, we felt that international payments is another area that could greatly benefit from the use of this technology.” said Jose…
When I first discovered the Silk Road, I couldn't believe it was real. People were buying illegal drugs anonymously through global marketplaces similar to eBay and Amazon. It was a brazen challenge to drug prohibition. Silk Road was the first drug “crypto market.” After he was shut down by the FBI in 2013, many similar marketplaces sprang up. There are currently over 20 crypto marketplaces selling illegal drugs, and over 55 if you include single-vendor marketplaces. On Tuesday, the International Drug Policy Journal published its first special issue on drug crypto markets, which we guest edited. All papers are open…