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Opinion: Cryptocurrencies – fears and opportunities
After a few years of hype, experts are now tamping down expectations for cryptocurrencies. Indeed, several concerns about security and regulation need to be addressed. But cryptocurrencies – and the blockchain technology they are based on – also offer tremendous room for innovation and efficiency. By competing with traditional fiat currency, they could help profligate governments and central banks become more disciplined
Blockchain and its potential for economic disruption
Blockchain – a decentralized ledger of transactions that uses computer technology to link, secure and encrypt records – has the potential to become a hugely disruptive technology, rendering financial intermediaries unnecessary and making money transfers nearly instantaneous. However, it requires huge amounts of computing power and still cannot come close ...
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