It would be naive to say that countries aren’t addressing the importance of the topic. Most countries have looked at the legal implications or regulating DLTs, virtual currencies, and ICOs. Most countries get caught up in definitions, where other area attempting to adopt it to current national/state laws. What is certain is that blockchain companies, exchanges continue to flourish and this traction is bringing forth more legal guidelines by which founders and investors should be conscious of. This article covers the
There are arguments for and against CBDC, ‘ideas are great on paper’ but full reform is indeed much more complicated that one might think. During my research, I have enjoyed exploring the idea of Fedcoin along with things like Futarchy and in this brief article, I would like to share some thought-provoking quotes that got me thinking in more detail on the topic of Central Banks and Monetary Policies of the future. Maybe (Obama,2016) is right, if we want a
Salary and equal opportunities are hot topics in every country. In July 2017, the BBC was in the news for a salary discrepancy of up to GBP 150,000 between employees appearing on the same broadcast. Staff asked that the BBC adopt a policy of pay transparency which to them was, “by far the most effective way to uncover pay discrimination of all kinds…”. [The Guardian] In 2006 the World Economic Forum issued a framework around the Global Gender Gap Index, with
How can blockchain governance drive forward mass adoption of the technology and how do we apply regulation and governance within a blockchain ecosystem? Regulation isn’t punishment it’s about ‘bring[ing] back public confidence’ President Franklin D, Roosevelt. Today in Blockchain we see several forms of governance; Bitcoin uses PoW, Ethereum is adopting PoS, Tezo’s applies a Self-amending Ledger whereas Dfinity applies on-chain voting… forms of governance go on and on. Ehrsam, (2017) highlights the ‘speed’ of blockchain and ability to learn much
Non Swedish Regulated & unlicensed casinos Whilst playing on unlicensed casinos may be considered risky for some players, unlicensed casinos do not have the challenges of abiding to deposit limitation that are currently being proposed by the Swedish gambling authority. In April 2020, the Swedish gambling authority (Spelinspektionen) announced their consideration of introducing a weekly deposit limit of SEK5000 (apx €500) for Swedish casino players. This idea was brought about to limit player activity during times of Covid-19. The proposal
Bitcoin Halving 2020 Bitcoin Halving 2020 will happen sometime in May 2020. We will experience the 4th Bitcoin halving. Bitcoin halving occurs approximately every four years and is the reduction in miner’s awards (which is paid in the cryptocurrency Bitcoin). What is Bitcoin halving? Bitcoin halving is when the miner’s Bitcoin rewards are basically cut into half. To make matters simpler, the first Bitcoin halving took place in 2012 when the initial reward of 50 Bitcoin went down to 25 Bitcoin.
Futarchy: Are we ready to ‘’Vote on values, Bet on beliefs’’? Exploring DAOs has led me to Futarchy and never would I have ever thought that gambling alongside voting could every be aligned to society and more democratic way of decision making. In the words of former president, Obama: “… if we want a better politics, it’s not enough to just change a Congressman or a Senator or even a President;
Blockchain is as disruptive as the internet itself. We should be proud to live in a time where such a technology has become available and shows promise of enabling us in ways that we simply have not been able to think about before. Blockchain technology is sector agnostic, in the sense that it can impact every single sector of industry and speed up operational processes, margins, revenue, return on investment and overall profitability. With over 10 years experience within the operational and commercial