Friday, 17 January 2020

A central bank-issued cryptocurrency, thriving cryptocurrency exchanges and the ability for businesses to trade in GST-free cryptocurrency are needed if Aotearoa New Zealand is to enjoy the vast potential benefits from this technology, a new report finds.

If you’ve been wondering why the past few years have been ripe with discussion about the enormous potential of blockchain technology, yet we haven’t seen much investment or progression from major tech companies, you’re not alone—but the discrepancy may be coming from a massive talent shortage that has been plaguing the blockchain community.

BLOCKCHAIN has long been known for its ability to help bring trust and transparency to legal contracts. However, in order to build such an infrastructure, support from a wider legal framework — ideally, a government — is necessary.

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