Bitcoin Is The Solution To The World’s Trade Problems

Bitcoin Is The Solution To The World’s Trade Problems

Global trade needs to be built on an incorruptible standard that has no political or nationalistic affiliation.This is an opinion editorial by Heritage Falodun, a Bitcoin analyst and computer scientist based in Nigeria. I believe humanity deserves a detailed elucidation of the aggravating concerns facing our economies today. Solutions to world trade problems won’t suffice if engaging in transnational commerce, promoting social progress, multilateralism, influencing bilateral exposure and enabling bottom-up prosperity isn’t of the utmost importance to human existence. The....


Related News

UNICEF Eyes Blockchain As Possible Solution to Child Poverty Issues

Blockchain technology could provide a solution to issues facing the world’s impoverished children, according to Christopher Fabian, one of the co-founders of the United Nations Children’s Fund (UNICEF) innovation effort. In a new interview with CoinDesk, Fabian said that UNICEF has spent months discussing blockchain tech internally and how it can be used to address payments and identity problems in conflict areas. Potential applications aside, Fabian said that he does not believe the technology is mature enough today to address problems UNICEF aims to solve. Yet, that hasn’t stopped the....

Empowered with IoT, Will Blockchain Lead to More Freedom or Less?

There is an episode of South Park title Crème Fraiche which lampoons the rise of cooking shows and food TV. Randy takes up cooking and tosses in Crème Fraiche in everything he creates. Blockchain is the new Crème Fraiche, whether you like it or not. Everyone is finding an application or two of the technology behind Bitcoin and trying to solve any number of problems using the open ledger technology. While innovation and creativity aren’t necessarily bad things, too much of a good thing can lead to problems. A lot of people are playing with Blockchain at the moment which includes security....

Signum – The World’s First Sustainable Blockchain Steps Into the Light

Zürich, Switzerland, 1 July 2021 Anyone with a green conscience can now join the crypto movement. The next generation and world’s first truly sustainable blockchain Signum is now live. As a fully integrated smart platform featuring multiple innovations, Signum is a one-stop solution to transfer, trade, and mine its native cryptocurrency Signa (ticker: SIGNA). Signum […]

Banks Need ‘Hybrid Approach to Blockchain Technology’: Ripple’s Marcus Treacher

Ripple, which touts itself as the “Global Settlement Network” and has been involved with various banks to move money around the world, has its own ideas about how Blockchain can and can’t help the banking sector. Blockchain has been touted as the be all and end all solution for most if not all of the world’s problems. We have seen the application of Blockchain for everything from gift giving to releasing music. On the face of it, Blockchain appears to be the best possible solution for banking. Bitcoin has already demonstrated that it is possible to move money across the world quickly,....

With BitBot, Bitcoin Trading Thrives in Indonesia

Indonesia, the fourth-largest country in the world by its population, shows a rapid advancement of cryptocurrency-related technologies. BitBot, a new mobile application available for Android users, barges in as a new solution to make it easier for people to trade Bitcoin using indonesian fiat currency, the Rupiah. Though the crypto trading market in Indonesia is still not as big as in many western countries, the trading volume in Bitcoin is quite impressive. Hundreds of merchants have begun accepting payments in Bitcoin as well, especially in Bali due to the existence of the Bitislands....