Blockchain technology is needed and can be used in governance, they say
Regulations and restricted trading are among the solutions experts are debating for India’s cryptocurrency industry which is uncertain about its prospects after the Finance Minister last week said the central bank favours banning the digital asset.
The finance ministry two years ago said it proposes to promote and regulate blockchain, the technology that maintains a decentralised record of cryptocurrency transactions, but there has been no progress. Some experts proposed a progressive approach to blockchain and the cryptocurrency industry.
“The combination of computer code and human involvement is what makes blockchains unique. Just putting your faith in computers isn't enough. Computers aren't flawless. There must be ways to keep persons or solutions built on blockchain accountable for the technology to be broadly and intelligently employed. Government cannot control blockchain but the applications built need...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...