Governments and organizations around the world are paying close attention to Crypto Currencies (CC’s) and the technology that promotes them all – Blockchain. Some of the shows are bad, but in hindsight, it is clear that more interest is positive, helpful, and stressful. Once business and financial institutions realize that they have tensions between them, it is important to review business strategies in these new frontiers and compare them with the old, slow, and cheap methods they have now. New technologies need new money to grow, and with such growth comes the cause, false startups, and conflicts.
The situation in the CC and Blockchain is fast and furious as governments and corporations try to exploit the situation, tax their profits, protect their finances, and protect their neighbors – difficult clients who travel far and wide to explain why many seem to be moving differently, and change. traffic frequency. Here are some recent developments that show that CC and Blockchain are slowly being accepted, yet still struggling with regulation, regulation, and stability:
- Uzbekistan will publish its plans to launch Bitcoin in September 2018, with blockchain “Center Center” coming into effect in July.
- Kazakhstan has announced that it wants to adopt Singapore’s approval in the blockchain.
- Belarus has announced that it intends to launch a blockchain platform in Blockchain, as a money-making industry.
- Venezuela produced “PETRO”, a CC designed to generate income as Venezuela approaches the recession. The hope is that it will be a way to deal with sanctions that could prevent Venezuela from investing in international trade markets. President Nicolas Maduro says PETRO raised $ 735 million on its first day, which has not been confirmed. Maduro sees PETRO as “the perfect kryptonite to defeat the SUPERMAN” – his analogy with US sanctions, assuming the money frees his country from the hands of banks and governments. Maybe they don’t see that PETRO was started by a government – his.
- TD Canada Trust has become the first Canadian bank to join other UK and US banks by banning the use of credit cards to buy CCs.
- South Korea is going to launch Bitcoin, showing that it considers Bitcoin as a liquid object. With South Korea at the forefront of the CC market, their decisions will be large and global. Japan has already taken this, making Bitcoin trading more transparent, more efficient, and 100% more legitimate.
- BlackRock, the world’s largest company, continues to predict CCs, saying it will be used again in the future.
- Romeo Lacher, chairman of the Swiss stock exchange, believes there is a lot of pressure to release Swiss francs, and his agency will help them, adding that he “does not like money.”
- China’s largest online retailer and brick and mortar JD.com has announced the first four launches of its Al Catapult Blockchain program. The Beijing-based program, which has been representing potential applicants to remote areas such as Australia and the UK, seeks to utilize major Chinese infrastructure to create a new blockchain and smart applications.
With all the global developments, it is clear that Blockchain is a modern confusing technology, and CCs are just a fraction of what is possible. Like the internet explosion in the 90s, Blockchain and CC funds will have winners and losers, however, we do not want this to turn into a big ass that got off to a bad start with many of the original DOT COM investments in the 90s. What we want to see is a rational approach to blockchain development and finance.
Consistency will continue to remain in the market for a while, as we see receptivity, innovation, and improvement. Failures occur and success will begin, driving governments, corporations, financiers, and innovators, to change the way they work and their ideas. Normal and healthy consistency during this time.