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Author Topic: [2016-8-05] The Monetary Authority of Singapore: keeping up with the Bank of Eng  (Read 243 times)
newsatbravenewcoin (OP)
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August 04, 2016, 11:34:47 PM
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My article yesterday was about the flagship lead taken by the Bank of England, supporting innovation and creating refreshed central bank digital structures. They are experimenting with everything from a Britcoin to a FinTech Accelerator program, and these operations have filtered through the system into RegTech programs from Project Innovate to the Regulatory Sandbox.

http://bravenewcoin.com/news/the-monetary-authority-of-singapore-keeping-up-with-the-bank-of-england/
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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August 05, 2016, 12:37:22 AM
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Time is money. A responsive government would be more attractive for aspiring fintech entrepreneurs to set up base. Existing fintech businesses would also be encouraged to invest time and resources to develop new solutions.
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