Nations around the world are witnessing an influx in refugee numbers. Yet, while countless individuals are keen to re-establish themselves in a new country it’s often easier said than done. For many proving who exactly they are is one of the challenges they face. In Finland, though, they are using blockchain technology to aid unbanked […]
This post How Finland is Using Blockchain Technology to Help Unbanked Asylum Seekers first appeared on Coinjournal.
The blockchain race is on, and the fintech sector is leading the charge. But other industries are looking to utilize the technology as well. Some have even realized that it can change the way we govern ourselves, or provide assistance to refugees in need.
In a research discussion paper entitled “Monopoly without a monopolist: an economic analysis of the bitcoin payment system” the central bank of Finland solidified its stance towards bitcoin and its optimism in regard to the emergence of a truly decentralized financial system. The paper written by researchers, Gur Huberman, Jacob Leshno, Ciamac Moallemi delves deep […]
This post Central Bank of Finland: Bitcoin Can’t and Doesn’t Need to be Regulated first appeared on Coinjournal.