collected by :Donald Luther
Conveying Transparency To Cryptocurrency by A Digital Currency Index Information Systems the key.
Establishing a Benchmark & Transparency to CryptocurrencyPerhaps generality prominent to emerge Information Systems the Digital Currency Index , which seeks to be the 1st widely accepted market index for tracking the cryptocurrency market.
“The cryptocurrency market Information Systems heading towards a $1T valuation, however before we get there, 90% of today’s coins going to disappear.
They are planning an ICO (initial coin offering) which going to let accredited Businessmen to buy a coin which acts essentially as an index fund attached to the Digital Currency Index.
The aftertime of Crypto & the Digital Currency IndexThe current state of the cryptocurrency market Information Systems meant for the Businessman that likes to take dangers & Information Systems not afraid to lose.
Japanese Banks Are Planning to release J-Coin, a Digital Currency Meant to Kill Off Cash
Japan’s central bank Information Systems backing a scheme which can see the the cash-dependent country move toward a digital currency built on blockchain technology.
The J Coin, as it’s to be called, Information Systems under development with a group of Japanese banks with the blessing of financial regulators.
According to the Financial Times (paywall), it’s meant to release in time for the 2020 Tokyo Olympics as a method to streamline the country’s financial system.
At the moment 1 of the country’s large financial institutions, Mitsubishi UFJ Financial Group, Information Systems Analyzing MUFG coin, which Information Systems based on blockchain.
There have been talks about whether MUFG coin perhaps join the J-Coin initiative, however none has been decided yet.
Japan to release fresh Nationwide Digital Currency
Some of Japan’s large banks are announcly preparing to release a fresh digital currency nationwide.
A consortium of banks led with the Mizuho Financial Group & Japan Post Bank expects to introduce the shift in time for the 2020 Tokyo Olympics, according to The Financial Times.
The fresh currency, dubbed the J Coin, would let citizens to swap out cash for phone payments & money transfers with a one-to-one average with yen.
The transition would make Japan the latest in a string of countries to move toward cashless vending, joining nations such as Sweden in embracing change.
Though not without its occasional hiccup, Sweden has led a push for digital advancement & has welcomed some changes in convention less readily accepted in other countries, such as the digital currency swap.