cryptocurrencies


What is the future of digital cash?

The recent World Economic Forum (WED) report “Sweden could stop using cash by 2023”, says that the country is moving towards favouring cards and mobile payment apps. Yet retailers are expected to accept cash for at least a couple of years afterwards.

The missing link: the supply side of cryptocurrency

Supply and demand are the bedrock of market-based economics. To achieve economic equilibrium, supply and demand must be in balance. If one is too high or too low, the system is in a state of disequilibrium, associated with inefficient allocation of goods – not a healthy state.

Why blockchain won’t fix payments

There is a misconception about blockchain in the industry surrounding the belief that it is a solution to making faster and securer payments. There are some issues around the blockchain that explain why, in its present form, it isn’t an ideal replacement.

Colu launches local digital currency for London

Colu, a blockchain-powered platform provider, has unveiled its second currency in the UK – the “Local Pound, East London”. The firm’s idea is to provide people in East London with a digital, localised currency and so create a “closed-loop economy”. It uses Colu’s digital wallet app, and individuals can pay from a smartphone. It is […]

Blockchain incubator Adel unveils P2P retail banking network

Blockchain incubator Adel has unveiled its project framework for people to create a peer-to-peer (P2P) network in retail banking. The firm says it will work in the “same way as Airbnb and Uber revolutionised the hospitality and taxi industries”. “Anyone with a car can be a taxi. Anyone with accommodations can be a hotel. Anyone […]