Is Your Country Building Its Future Digital Economy on Sand or Solid Foundations?

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For all the talk of supporting innovation within the UK, there’s little movement in creating an environment for this to actually happen. We continue to be stuck in our 1980s model of the digital age. It is a world which basically scales our old ways into ways that use digital methods … it is ‘Fake Digital’. The risks of the past are thus often just amplified, and the opportunities for crime escalate with them.

My home country — Scotland — has little in the way of supporting a future tokenized economy. The UK, too, also has little provision for it to, and where it we have barely managed to get past the ‘White paper’ discussion. But other countries of the world are moving fast [here] with Luxembourg just passing a tokenization act:

And in Switzerland, too, there is a move to lay down a legal framework for cryptocurrencies and blockchain [here]:

In most countries, though, there is currently very little in the way of anything…

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Prof Bill Buchanan OBE FRSE
ASecuritySite: When Bob Met Alice

Professor of Cryptography. Serial innovator. Believer in fairness, justice & freedom. Based in Edinburgh. Old World Breaker. New World Creator. Building trust.