Moldova currently ranks as Europe’s poorest nation, with over 11% of the population below the poverty line according to the United Nations Development Programme. This is something it collectively hopes to change going forward as it prepares a countrywide initiative to leverage blockchains as a means of fostering economic innovation.
Estonia announced the establishment of the consulting marketplace G-Global Business Portal. The main objective of the project is to ensure the modernization of enterprises in the real sector of the Estonian economy by attracting technologies of the 21st century.
From observing the world economy situation, someone can easily understand we have reached dangerous times. Global debt has grown up to 230 trillion dollars with world GDP at 75 trillion dollars. The need to service this debt has led central banks to attempt to manipulate the economy through zero or even negative interest rates.
There is a source of growth for the second economy in the world that is in the Shadows. How will cryptocurrencies influence this economy (aka System D)? CoinIdol.com FinTech News Outlet spoke to Geir Solem, founder and Chairman of the Cryptor Trust group of companies.