Let Discuss Cryptocoins

The Government of Dubai has announced its collaboration with UK-based blockchain startup ObjectTech to create digital passports for quick and efficient entry at the Dubai International Airport. Working closely with Dubai's Immigration and Visas Department (GDRFA - General Directorate of Residency and Foreigners' Affairs), ObjectTech seeks to create the world's first ‘gate-less border’ through the use of the blockchain and biometric technology. This announcement is in accordance with Dubai's 10x strategy, which is essentially an initiative that aims to ensure all public services are ten years ahead of the rest of the world technologically, thus cementing Dubai's position as the “city of the

A number of Japanese banks are reportedly set to test domestic fund transfers using digital currencies over a blockchain as a low-cost alternative to traditional money transfers. According to a Thursday report by Nikkei, Japan’s most prominent financial publication, a handful of major Japanese banks will perform tests to determine if a digital currency powered blockchain platform could prove a viable alternative for the current national payments clearing platform ‘Zengin’. Operated by the Japanese Bankers Association, the Zengin System powers domestic money transfers in Japan. The restrictive traditional system typically offers money transfers between 8:30 AM and 3:30 PM in the country.

 Countries like France, Germany and the UK have already established regulatory frameworks for Bitcoin companies, users and traders. Other European countries have offered their unique regulatory frameworks with clarity, to ensure there exists no conflict between local businesses and regulators due to ambiguous regulations and policies like India. Smaller countries such as Malta, an archipelago in the central Mediterranean between Sicily and the North African coast, have begun to consider Bitcoin as a legitimate currency and revolutionary technology. Bitcoin and Blockchain included in national strategy In particular, local publications including Malta

By William Mougayar William Mougayar is the author of "The Business Blockchain" and a board advisor to, and investor in, various blockchain projects and startups (See: Disclosures). In this opinion piece, Mougayar discusses the early days of venture capital, drawing parallels and comparisons to the state of cryptocurrency and token-based investing taking shape today. Investor Fred Wilson posted the other day about General Georges Doriot, giving us a timely reminder of his work as the 'father of modern venture capital'. The post inspired me to revisit Doriot's story as told in the book "Creative Capital: Georges Doriot and the Birth of Venture Capital", published in 2008 and written by Spencer Ante.