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Will Taiwan’s Central Bank Implement Blockchain?

It has been reported that Taiwan’s central bank is considering, and looking into implementing blockchain technology as a way of helping to improve its operations. Yang Chin-Long, who is the new governor of the central bank, spoke to Finance Magnates about the possibility of implementing the new blockchain technology, including areas such as artificial intelligence, Big Data and blockchain; saying, “Apart from closely monitoring the challenges that financial technology may add to the bank, it will also make good use of supervisory techniques to enhance its overall prudential supervision…Big Data and even artificial intelligence and other technologies [will] help our...

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7 Low Priced Coins Expected For Bull Run

Here are 7 Crypto Coins that are very cheap right now. They have either lost their value or not shown their true potential over the last few months in the market. NEM Went from $2 to 4c. Has lost a lot of its value, so much so that it needs to go up in value x5 in order to get back to its previous all time high. This seems likely to happen. It lost a large amount of value because of a hacking attack during which much of NEM currency was stolen. Overall $500m worth of NEM was taken in...

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Crypto Has Not Reached Its Full Potential Yet

Cryptocurrencies have significantly grown in value in the past year, and the total market capitalisation is approximately $500billion. This is a significant amount of money, yet we are still not viewing them as part of the mainstream investment, and this is simply because they are so volatile and unregulated and therefore are full of risks. They have huge price changes overnight, and there are over 1,500 coins to choose from, all which have no real regulations surrounding them, which make them very tricky to invest in. They face major challenges, some which are really problematic, such as security flaws at...

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Why Bill Gates Thinks Cryptocurrencies Are Super Risky

Bill Gates, the Microsoft Corp. co-founder carried out a question and answer session on discussion site Reddit, where he voiced his views on cryptocurrencies, expressing concerns for what virtual currencies are used for, and how the anonymity of them encourages illegal and negative behaviour. He said; “The Governments ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now cryptocurrencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. I think the speculative wave around ICO’s and cryptocurrencies is super...

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Cardano (ADA) Wants To Beat Bitcoin And Ethereum

Cardano has recently stated that due to the fact they have started their own technology from scratch they are going to soon be ahead of cryptocurrency giants Bitcoin and Ethereum. It is their goal to beat them both in the market and have publicly announced this intention. So how do they intend on doing this? Cardano is currently 6th in the market with an $8.7b market cap compared to Bitcoin and Ethereum which are reigning over other cryptocurrencies in the top spots. Before Cardano can even hope to achieve number one status they must first gain value over Litecoin, Bitcoin...

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