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Economy News

An economy is an area of production, distribution, trade and consumption of goods and services by different agents. Any given economy is a product of current and past culture, technology, education, social and political structure and other society characteristics that define an economy. Economics is a science field for sociology, history, geography, math and other disciplines, all of which combined have results in studying economic growth, the reasons for current economic events and their consequences.
As a result of historical progression, every economy of some time period is special in its own way. Technological progress has made it possible to build and internet-based economy and now it is evolving into a crypto-economy, based on blockchain technologies and digital money, which is much faster and more private than the old economic systems.

News
A subsidiary of Overstock.com has reached an agreement to help Liberia digitize government services.
Overstock Subsidiary to Help Liberia Digitize Services, Boost Economy with Blockchain
Thomas Simms
2019-06-10T15:19:00+01:00
2891
News
The Bundesbank president said that easy access to digital currencies could destabilize the financial system during periods of crisis.
President of Germany’s Central Bank Warns of Serious Outcomes of Digital Currencies
Helen Partz
2019-05-29T14:37:00+01:00
6181
News
Russian state-owned firm Rostec offers a $1.3 billion plan to apply blockchain in all the state data systems.
Russian State-Owned Holding Giant Proposes to Apply DLT in All Gov’t Data Systems
Helen Partz
2019-05-24T16:14:00+01:00
3816
News
Nikolai Arefiev, a senior official in the Russian State Duma, argued that cryptos were created to hide money from the government.
Senior Official in Russian Parliament Says That Cryptos Can Ruin Governments
Helen Partz
2019-05-20T17:57:00+01:00
5371
Sponsored
A cross-market platform says it allows users to trade in crypto, forex, precious metals, shares and commodities — and offers a wealth of intelligence for invest...
New Platform Enables Trades Across 200 Tools and Runs Educational Crypto Show
Connor Blenkinsop
2019-02-11T11:37:00+00:00
6406
News
Bahamian tech company PO8 wants to boost the local economy by putting the data of excavated sunken artifacts on blockchain.
Bahamian Firm to Boost Local Economy with Blockchain-Based Sunken Treasure Project
Helen Partz
2019-01-30T15:10:00+00:00
2587
News
An MIT professor of engineering claimed that blockchain can allow for a borderless economy if implemented in a decentralized, secure and scalable way.
MIT Professor: Blockchain Can Allow for More Inclusive, Borderless Economy
Helen Partz
2019-01-21T18:17:00+00:00
6863
News
Russia’s Ministry of Finance believes launching a single digital currency backed by the EAEU is inevitable due to U.S. sanctions.
Russian Finance Ministry Considers EAEU Digital Currency ‘Inevitable’ Due to US Sanctions
Helen Partz
2018-12-21T18:33:00+00:00
6170

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