The regulatory environment for BLOCKCHAIN, BITCOIN and SECURITIES are in flux as Trump's administration begins to gather momentum..!!

in #blockchain8 years ago (edited)

TRUMP & BLOCKCHAIN

Credit:coindesk

I was scanning my news feeds earlier and came across this great article by Coindesk.

Credit to Coindesk for the contents in this fantastic article.

http://www.coindesk.com/bitcoin-blockchain-trump-go/

Credit:coindesk

Credit:coindesk

Credit:coindesk

Credit:coindesk


Without any doubt BLOCKCHAIN is set to become the beating heart of the New Global Financial System.

It will have a huge impact on the System as the migration of DERIVATIVES, SECURITIES, DEBTS, BONDS, INSURANCES and ASSETS to name but a few are migrated to a new PLATFORM built around the Digital Distributed Ledger Technology.

This seismic tectonic shift in the Global Financial System will usher in a whole new era in Financial Regulations that will drastically improve the now critical Systemic Risk that is on the verge of a catastrophic implosion.

Once again this is a fantastic article that is well worth reading.

Thank you for reading.

Stephen

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It would make all of the sense in the world for the Trump Admin to embrace blockchain tech to fulfill the promise to make America rich again, and get rid of regulations holding back businesses. Another good article from Coindesk covers what blockchains can do to reduce bureaucracy here: http://www.coindesk.com/blockchains-disrupt-bureaucracy/

It could have a big impact on healthcare reform too by the way, as it's being discussed now.

That might well fall into place, provided that The Donald and/or his chief henchmen are charmed by the concept.

I wonder if the most promising fellow to talk about blockchain with is Steve Bannon?

Trump has brought in some big heavyweight Blockchain Advocates into his team. You may find this useful. Stephen
http://www.financemagnates.com/cryptocurrency/news/trump-picks-cryptocurrency-and-blockchain-advocate-as-budget-chief/