The Dawn of the National Currency - An Exploration of Country-Based Cryptocurrencies
In less than twenty days Auroracoin, Iceland's own national cryptocurrency, will be distributed throughout the entire population of Iceland. The "Airdrop" commencing at midnight March 25th marks the first local cryptocurrency to be distributed country-wide. Will Auroracoin establish the trend of country-based cryptocurrencies? In reality, it seems to be....
Related News
The Central Bank of Russia is testing a number of digital currency pilots toward the development of a national digital currency. Speaking at the 2017 St. Petersburg International Economic Forum today, deputy chairwoman of Russia’s central bank Olga Skorobogatova has, in a significant revelation, stated that the regulator is working on a national digital currency. According to a report by TASS, Russia’s largest news agency, Skorobogatova sees national cryptocurrencies as the future and claimed that it’s merely a matter of time before countries around the world adopt national digital....
A year on from the national referendum where Scotland rejected independence from the UK - leaving the pound sterling to continue as its national currency, a member of Parliament from the Scottish National Party (SNP) issued a rallying call to his party and the country to begin experimenting with digital currency. George Kerevan, MP for East Lothian and a member of the SNP called for the country to start experimenting with digital currency and spoke about the British pound not being "the be-all and end-all," insisting that a new digital currency could help Scotland reach beyond its reliance....
More information, and coins. This year has seen a new, if predictable, trend in altcoin development: nation-based digital currencies. There are at least eight coins currently circulating or in development, with more surely to follow. Here is the CoinDesk guide to the main players and their current status. Unlike the world's other altcoins, which seek to either improve on bitcoin technology or merely copy it as part of 'pump and dump' schemes, national cryptocurrencies claim higher purposes, such as establishing sovereignty or building patriotism - or at least using those emotional themes....
New social network Dawn promises to change the face of social mediafrom individual-centric to pro-group, whilst also maintaining individual interest. Cointelegraph spoke to Brenn Hill, social and UX architect at Dawn, to take a peak of the new radioactivity of the Blockchain. Cointelegraph: Could you explain what Dawn is all about and what makes it different from other social media outlets? Brenn Hill: Dawn is about reinventing social networks in a way that is group-centric and pro-social instead of individual-centric and exploitative. Currently, social networks exist partly to allow you....
Australia may be the most intense hotbed of Bitcoin activity on Earth. Followers of this website have seen this country run the gamut on Bitcoin acceptance and public consumption. Some Australian cities are ready to run with Bitcoin as their primary, as our article on Tasmania's Launceston revealed. As I reported just days ago, Australia is ready to access fiat currency-based Good and Services Taxes (GSTs) upon Bitcoin. Australian residents have also paid tens of thousands of dollars in bills with Bitcoin. Now, the Australian government is prepared to have a "Senate inquiry" on the role of....