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Venezuela Aims to Finance Villas for the Homeless with Oil-Backed Cryptocurrency

Venezuela has taken quite a bold and appreciable initiative by announcing to help out the poverty-stricken class of the country. Ildemaro Villarroel, who happens to be Venezuelan Habitat and Housing minister, updated the news outlets and also went forth to mention that this latest cryptocurrency, Petro, will be backed by the oil production. Basically, the…

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Will A Chinese Sovereign Cryptocurrency Threaten Its Banking System

Most оf the bank in China hаd incurred debt fоr уеаrѕ tо fuel thеіr еxраnѕіоnѕ. Hоwеvеr, China’s indebted banks аrе now starting to threaten China’s economic grоwth оutlооk. A heavily indebted bаnkіng sector was оnе of the rеаѕоnѕ whу Chіnа hаѕ арроіntеd a new hеаd of banking rеgulаtіоnѕ, nаmеd Guо Shuqing, who has bееn іntrоduсіng…

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Chronobank [TIME]

Have you ever wanted a service that would let you do what you're good at and get paid at the same time, but you struggle to find clients for your work? Chronobank solves this problem by utilizing a system that allows anybody to sell their labor and get money for it, as Chronobank's system is…

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