Apart from regulation, infrastructure, and growing number of use cases, there are several other drivers that will widen the adoption of blockchain technologies, namely user experience, interoperability, scalability, and education. User experience One of the most important drivers for blockchain adoption is better user experience. An average consumer does not know nor…

Blockchain Technology While the term blockchain can at first sight sound nebulous, it is in fact a straightforward approach to storing what is effectively a list of records. The technology was developed in the 1990s and was initially devised to timestamp digital information in a tamper-proof way. Once developed, applications for the…

Banking and fractional monetary system The Origin of Money Modern-day coins are thought to have emerged around 770 BC in China, where bronze miniature replica objects (e.g., small shovels and daggers) were eventually transitioned into the more practical circular shape we recognise today¹. It was not until much later however, under the Tang dynasty in the 7th century, that…