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Heavy-weights join board of reserve-backed cryptocurrency
In an under reported story regarding the ultimate direction of cryptocurrencies, some of the world’s best-known economists have announced plans to create what could be described as a reserve-backed cryptocurrency. Saga, the entity set up to develop the currency, aims to address many of the criticisms frequently thrown at bitcoin, the world’s biggest cryptocurrency, to [...]
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Indonesia takes steps towards a digital Fiat Currency
eCurrency Mint Limited says that it has partnered with PayPro Indonesia to provide eCurrency’s digital fiat currency (DFC) solution in Indonesia. Through eCurrency’s solution, PayPro’s e-money product delivers a cryptographically protected, secure instrument that ensures no data manipulation, increasing security and trust for the consumers. The digital fiat currency solution initiative is to be part of Indonesia’s FinTech [...]
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