Technology

Kenneth Rogoff, professor of economics and public policy at Harvard University, was also the chief economist of the IMF from 2001 to 2003. In early October, he wrote an article about Bitcoin which showed enough insight to the matter. In the article, he observed that “China’s government, concerned about the use of Bitcoin in capital flight and tax evasion, has recently banned Bitcoin exchanges. Japan, on the other hand, has enshrined Bitcoin as legal tender, in an apparent bid to become the global centre of fintech. The United States is taking tentative steps to follow Japan in regulating fintech, though…

What is Blockchain? What is the “Byzantine” problem in relation to Blockchain Technology? In which way is this technology helping human beings gain trust in health care and more? Read the brilliant article by Sascha Mundstein. Blockchain technology is a unique and unexpected combination of three subject areas: Internet, cryptography and game theory. The first two of these disciplines are obvious: Blockchain works over a decentralized peer-to-peer network on the Internet, and encryption technologies are known to play an important role in ensuring the authenticity of data. But what about the game theory? And what does this have to do…