Crypto was a hot topic at a forum featuring Russia’s top people from the economic sector.
Economy News
An economy is an area of production, distribution, trade and consumption of goods and services by different agents. Any given economy is a product of current and past culture, technology, education, social and political structure and other society characteristics that define an economy. Economics is a science field for sociology, history, geography, math and other disciplines, all of which combined have results in studying economic growth, the reasons for current economic events and their consequences.
As a result of historical progression, every economy of some time period is special in its own way. Technological progress has made it possible to build and internet-based economy and now it is evolving into a crypto-economy, based on blockchain technologies and digital money, which is much faster and more private than the old economic systems.
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by Thomas Simms
A subsidiary of Overstock.com has reached an agreement to help Liberia digitize government services.
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by Helen Partz
The Bundesbank president said that easy access to digital currencies could destabilize the financial system during periods of crisis.
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by Helen Partz
Russian state-owned firm Rostec offers a $1.3 billion plan to apply blockchain in all the state data systems.
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by Helen Partz
Nikolai Arefiev, a senior official in the Russian State Duma, argued that cryptos were created to hide money from the government.
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A cross-market platform says it allows users to trade in crypto, forex, precious metals, shares and commodities — and offers a wealth of intelligence for invest...
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by Helen Partz
Bahamian tech company PO8 wants to boost the local economy by putting the data of excavated sunken artifacts on blockchain.
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by Helen Partz
An MIT professor of engineering claimed that blockchain can allow for a borderless economy if implemented in a decentralized, secure and scalable way.
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by Helen Partz
Russia’s Ministry of Finance believes launching a single digital currency backed by the EAEU is inevitable due to U.S. sanctions.
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A blockchain project led by the creator of PoS, Sunny King, revealed five milestones for 2019 to bring a “brand-new digital economy era.”
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A startup is enabling individuals and businesses to tokenize real-world assets and says the concept will become “the new driver” of growth in the global economy...
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A new crypto exchange is going to be “100 percent owned” by users – with the community benefitting from voting rights and a share in profits.
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A new global blockchain finance infrastructure will allow users to recover their private keys – ensuring they “never lose their funds.”
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by Helen Partz
The deputy governor of Japan’s central bank has said that central bank-issued digital currencies cannot be economic tools, since fiat currency is still popular.
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AI is riddled with mistakes, but a new platform believes human contributions could help this technology become more accurate and useful.
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