Cryptocurrency Among Independent Scotland’s Currency Options
Scotland decides to move out of the United Kingdom, then it has 9 different currency options including a cryptocurrency to choose from. People in Scotland have started exploring different currency options following Brexit. There have been calls for the Scottish referendum in the past. While Scotland decided against leaving the United Kingdom in the past, the recent vote by Englanders to leave the European Union may soon have the UK witnessing renewed calls for the separation of Scotland. The Common Weal think tank in Scotland has recently published a report with 9 different currency....
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Prior to the Brexit vote, an independence movement fizzled in Scotland. In the wake of Brexit, some Scots are reconsidering independence. In considering what went wrong in 2014, some blame failure to sufficiently address currency issues. In the interest of not making the same mistake again, some Scots want to consider how a national currency would work. A paper, “Scottish currency options post-Brexit,” by Dr. Craig Dalzell, an M.Sci. and Ph.D. in laser physics and photonics, notes that should Scotland begin another independence campaign, it should do so from the standpoint of using....
Dr. Craig Dalzell recently authored a discussion paper titled ‘Scottish currency options post Brexit’. This paper was written for a Scottish Think Tank called Common Weal. In the paper Dr. Dalzell discusses the ramifications of a possible Scottish currency after Brexit. There have been calls for another Scottish referendum seeking independence from the United Kingdom, after the UK in its own referendum voted to leave the European Union. Just after the results of the Brexit referendum were made known, Scotland’s First Minister Nicola Sturgeon announced her intention of holding a second....
The Royal Bank of Scotland, hereinafter RBS, is to host Scotland’s first ever fintech hub in a move backed by both the English and Scottish parliaments. Based at the bank’s headquarters in Edinburgh, the business accelerator will operate from May along with an entrepreneurial center set up last year BBC News reports. “The fintech sector has huge potential for our economy so it is essential that these entrepreneurs are given all the support they need to ensure Scotland is at the heart of the fintech revolution,” commented Louise Smith, RBS Head of Design in Personal and Business Banking.....
Economists at Strathclyde University in Glasgow, Scotland, have warned that Scotland’s financial sector needs to accelerate its adoption of technology to avoid a future banking crisis. According to the economists, adopting leading-edge fintech could create 15,000 jobs in Scotland over 10 years and failing to do so would have the opposite effect. “Fintech is evolving at a rapid pace and the consequences of digitalisation are being hailed as a ‘game changer’ for both the banking and securities industries,” said Daniel Broby, director of the Strathclyde University’s Centre for Financial....
Edinburgh is set to host its own global blockchain conference with over 200 attendees next month to discuss blockchain technology development, reports The Scotsman. With global leaders signing up to the ScotChain16 conference on 11 November, this will be the first blockchain conference for Scotland, which is being held at the Royal Bank of Scotland’s Gogarburn headquarters. Michael Young, chief executive of Glasgow-based MBN Solutions, one of the organizers of the event, said that this is a first for so many leading blockchain companies to congregate in Scotland to help people understand....