Category: Economy

Bank of Japan Turns Back on State-Issued Cryptocurrency

The Bank of Japan has become the latest government financial institution to recognize the risks of state-issued cryptocurrencies. According to its Deputy Governor Masayoshi Amamiya, a national digital coin may jeopardize the traditional financial system established in developed countries. The Japanese central bank has no plans to issue its own crypto, he said. Also read:

Startup To Solve Major Problems of Gig Economy By Building A Decentralized Network

sponsored The project offers a solution to cover paid time off, health insurance and pension for self-employed and freelancers In early 2018, a team of entrepreneurs in Singapore launched a startup called the Blue Whale Foundation, aiming to overcome the crucial problems of sharing economy, such as high commissions and no employment benefits for the

Ireland Missing Out on €9 billion Per Year in Value From Data

In the most comprehensive, first-of-its-kind look at the economic contribution that data provides to the Irish economy, The Data Economy Report reveals that the Republic of Ireland is tapping just over half of the potential value of its data – although the Data Economy is currently worth €9.96 billion annually to Ireland, this is only