A large Deloitte study shows that 82% of organizations spend money on the technology and just under 90% see a business case. In fact, half see it as one of the top 5 priorities. The number of successful implementations has doubled in a year. Educational institutes are joining forces and offering courses en masse. SMEs are supported by the European Union in experimenting with the technology and dozens of start-building cool blockchain solutions in the Netherlands. Blockchain has clearly proven itself, but there is still a lot of work to be done.
Mona Keijzer Central Banks and their digital currencies Governments had good reasons to be hesitant in the early days of Bitcoin and the underlying blockchain technology. Oxford research shows that in the early years, half of Bitcoin payments could be linked to illegal activities. More than 75% of the blockchain startups that emerged during the hype turned out to be outright scams. As a result, investors ( often consumers) lost their money. In the absence of regulation, billions of dollars of money were laundered via digital currencies. But with the announcement of the Libra project, initiated by Facebook, and the Chinese government’s major turnaround on a blockchain (from banning to embracing.
Have quickly been taken out of hiding and put on the priority list by many central banks. A digital euro was always swearing in church. Until Mark Zuckerberg got involved. The Correspondent Where Facebook has recently been hit back hard with its Libra project by governments worldwide, governments have started designing their own digital currency at lightning speed. China has even successfully completed several tests. Besides an ‘answer’ to Libra, the disguised basic incomes that countries such as Spain and the United States distribute to its population are seen as a motive for governments to introduce digital currencies more quickly.