Category: Government

Blockchain ‘Promising But Inefficient’ in Payments

DNBBulletin, De Nederlandsche Bank | June 7, 2018
De Nederlandsche Bank (DNB) concluded that “for the time being” distributed ledger technology is not suitable for its existing financial payment infrastructure due to its insufficient ability to scale for large volumes of transactions and other issues

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Blockchain vs. the Surveillance State

Unchained, Ryan Shea, Galia Benartzi, Steve Waterhouse, and Arthur Breitman | June 6, 2018
This recording is of “Blockchain vs. the Surveillance State,” a series of talks and a panel from the Oslo Freedom Forum put on by the Human Rights Foundation. In this session, hear presentations from Ryan Shea of decentralized technology platform Blockstack; Galia Benartzi of smart token platform Bancor; Steve Waterhouse of surveillance-free internet project Orchid; and Arthur Breitman from smart contract platform Tezos. In a panel discussion, the four speakers touch on the ways in which blockchains can be used to curb human rights abuses and also how bad actors can also use them for nefarious purposes.

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Central Bank Digital Currencies

Norges Bank | May 18, 2018
On May 18, Norway’s central bank, Norges Bank, released a white paper on central bank digital currencies (CBDC). CBDC, defined as a digital form of central bank money denominated in the official unit of account for general purpose users, can take several forms with different properties, depending on its purpose. Norges Bank’s provides an overview of the issues that it regards as relevant in an assessment of whether to introduce a CBDC in Norway.

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The Old Allure of New Money

Project Syndicate, Robert J. Schiller | May 21, 2018
No one, outside of computer science departments, can explain how cryptocurrencies work. That mystery creates an aura of exclusivity, giving cryptocurrencies glamour, and filling devotees with revolutionary zeal. None of this is new. As with past monetary innovations, will a seemingly compelling story be enough?

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