The RAND Corporation Report: National Security Implications of Virtual Currency
The RAND Corporation, an influential global policy think tank with strong defense and homeland security ties, has released a report titled “National Security Implications of Virtual Currency .” The report, freely available online , examines the feasibility for non-state actors, including terrorist and insurgent groups, to increase their political and/or....
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American non-profit global policy think tank RAND Corporation has published an extensive research paper entitled "National Security Implications of Virtual Currency," to examine the feasibility for non-state actors to increase their political power by deploying a virtual currency like bitcoin. The research addressed three main points: Why would a non-state actor (an organization with significant political influence) deploy a virtual currency? What challenges will it have to overcome? How might a government technologically disrupt a VC deployment? The purposes of deployment and development....
A theorized based report by the RAND Corporation revealed this December details some interesting scenarios involving virtual currencies. The pdf published by the organization is over 100 pages of various possibilities concerning “non-state actors” within terrorist networks, criminal enterprises, and malicious individuals. The U.S. Military and Homeland Security funded group titles the paper, “National Security Implications of Virtual Currency” and it examines how “Virtual Currencies” (VC) could bolster these enemies of the state internationally, and within the country. The RAND Corporation....
A US government-funded think tank has released a report that explores the implications of digital currencies issued by "non-state actors" like terrorist groups, drug cartels and insurgencies. The report by the RAND Corporation, entitled "National Security Implications of Virtual Currency", was published earlier this week. The more than 100-page report focuses primarily on hypothetical scenarios in which entities in conflict zones could seek to use a digital currency in a bid to create a domestic transaction network outside of the existing financial system. On the subject of the benefits of....
More and more high profile financial and political institutions are taking notice of the blockchain technology of distributed ledgers, starting internal investigations and issuing position papers. In January, Bitcoin Magazine reported that the International Monetary Fund (IMF) released a paper titled “Virtual Currencies and Beyond: Initial Considerations” at the World Economic Forum in Davos. Similar papers have been issued by other mainstream institutions. The RAND Corporation, an influential global policy think tank with strong U.S. defense and homeland security ties, released a report....
2016 has been the ‘Year of the Blockchain,’ with corporation after corporation, even nations, touting their interest and ability to use Bitcoin’s underlying advancement in their future business models. Will 2017 be the ‘Year of the National Digital Currency?’ Ukraine looks to enter the cashless society with a plan on creating their own national digital currency based on the Blockchain technology, according to Ukrainian news site Ukrinform. Blockchain, the trend in 2016. Major corporations like IBM, and even nations, embracing the Blockchain technology is what’s happening right now, and it....