The Blockchain and Globalization

The Blockchain is the technology behind the digital asset, Bitcoin. The Blockchain decentralized network is a public ledger that allows immutable digital transactions to be distributed but not copied. The Blockchain was invented to support Bitcoin and has been operational since the first transaction between Satoshi Nakamoto and Hal Finney on 12 January 2009 in block 170.¬†It is an ingenious invention that is evolving as uses, not only for FinTech, are being innovated by the tech community. ¬†Blockchain technology is revolutionary and soon consumers will be transacting on the blockchain…

Read More

An Introduction to We Trust – a reciprocal aid platform powered by the Blockchain!

Introducing Patrick Long and George Li from We Trust, based in San Francisco who are building a collaborative lending and insurance platform on the blockchain aka ROSCA. “What is ROSCA? Simply put, it is a Mutual Insurance organization where voluntary participants play the role of both customer and shareholder. They exist in many forms around the world including rotating savings and credit associations (referred as ROSCA from hereon in this document, also known by different local names globally), mutual insurance groups, fraternal organizations, religious groups, and professional societies. In these…

Read More