DIGITAL CURRENCY

Does Cryptocurrency Pose A Threat To Fiat Currency?

Many organisations are accepting cryptocurrency. People all over the globe are trading in cryptocurrencies on various platforms like the Bitcoin up. This is because there are many advantages of using digital currency, and experts speculate that it can take over eventually, reports London Loves Business.

Let’s take a look at what will happen if crypto takes over:

Consumer interest

In 2017, there was a massive rise in consumer interest that led to the Bitcoin rally. People from across the world were...

https://mfame.guru/does-cryptocurrency-pose-a-threat-to-fiat-currency/

NYK develops digital cash for crew

Nippon Yusen K.K., Japan’s largest shipping line by sales, is introducing its own digital currency for crew members, people with knowledge of the matter said.

The goal is to make it easier for seafaring workers to manage, send and convert money into their local currencies, said one of the people, who asked not to be identified because the plan isn’t public yet. The shipper is developing its own digital cash, pegged to the U.S. dollar to avoid wild swings in value. It wasn’t clear whether it...

http://container-news.com/nyk-digital-cash-crew/