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Crypto in taiwanАвтор: Mezikree | Category: Betting odds on super bowl | Октябрь 2, 2012
As Taiwan does not levy taxes on capital gains, crypto trades are considered income from property transactions and declared as individual. Find the best Blockchain / Cryptocurrency companies and startups to work for in Taipei, Taiwan on AngelList Talent - See company jobs, overviews. The financial watchdog's move comes after Taiwan enacted anti-money laundering rules for cryptocurrency service providers in July , but the. HOW MANY KM BETWEEN TWO PLACES AT ONCE LYRICS
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Jason is an outspoken proponent on blockchain and crypto particularity on self-regulatory organizations SRO. His SRO guidelines are basically a set of principles explaining how cryptocurrency exchanges should regulate themselves. What I admire about Jason is that unlike a typical politician who attempts to dictate what we can and cannot do, he practices what he preaches and has an entrepreneurial mindset. The supply of OCW is limited to only 1, tokens.
Blockchain has an immense opportunity to disrupt the FinTech industry. The timing has never been better in fact. Before I moved to Taiwan to launch AlgoHive , my last startup was also in the FinTech industry, an AI-based virtual assistant that helps Americans prevent medical debt. The combination of machine learning, blockchain and investment creates the perfect storm and opens the door to many new products and startups from crowdsourced prediction algorithms to decentralized exchanges to emerging new crypto asset classes like fractional ownership tokens that the visionary Gauthier Zuppinger and I are proposing.
Once a society learns that it can benefit from a new technology and how it can help make their lives better, safer and easier adoption will follow. This means as crypto-friendly policies continue to be successfully passed in Taiwan there will be a tremendous asset imbalance providing an opportunity for wealth to be diversified from traditional stocks to virtual currency. In addition, the government has been active in pushing for self-regulated practices by operators of digital token trading houses while also moving to build related supervision mechanisms.
This means that Taiwan is on-track to becoming a global leader in cryptocurrency governance. Taiwan certainly has its share of hurdles ahead. Many challenges still stand in the way of greater blockchain and cryptocurrency adoption. Issues such as crypto price volatility, nefarious ICOs, crypto exchange hacking and frivolous blockchain use-cases certainly do not help matters. Looking forward here are a few initiatives that Jason and other blockchain industry leaders are currently exploring for Taiwan: Decentralized prediction platform for share market, politics, etc.
To do this we need to change the narrative from geeky tech-talk to concepts that most people can relate to. This means falling in love with the problem and not the solution. In other words we need to ask ourselves what real-world problems could blockchain technology solve? What are the advantages of a digital currency compared to traditional assets like fiat money, gold or stocks? The good news is that a lot of smart minds, not just in Taiwan but all over the world are working tirelessly to figure these questions out.
If you found this article to be helpful please Clap up to 50 times and share to help get it in front of more smart people like yourself. If you would like more information on entrepreneurship in Taiwan, blockchain or cryptocurrency please follow me here on Medium. If you want to be a part of Project AlgoHive, a crowdsourced cryptocurrency prediction startup you can check it out here.
Issues such as crypto price volatility, nefarious ICOs, crypto exchange hacking and frivolous blockchain use-cases are difficulties yet to be overcome. But greater adoption can render benefits like increased transparency, security, privacy and decentralisation. The following are few initiatives that Jason and other blockchain industry leaders are currently exploring for Taiwan: Decentralised prediction platform for share market, politics, etc.
Decentralised patient record management. Proof of ownership for digital content. Digitalising assets: improvement of anti-counterfeit measures. Providing digital identity that protects consumer privacy. Decentralised internet and computing resources to every home and business. Smart contract IT portal executing order fulfilment in e-commerce and manufacturing. Proof of ownership and marketplace for sales and purchases of digital assets.
To pursue these initiatives, we need to first demystify block-chain and crypto-currency by changing the narrative from geeky tech-talk to concepts to which that most people can relate. This means falling in love with the problem and not the solution: we need to ask ourselves what real-world problems could block-chain technology solve?
What are the advantages of a digital currency compared to traditional assets like fiat money, gold or stocks? The good news is that many smart minds are working tirelessly to answer these questions. Once a society learns how it can benefit from a new technology by improving lives, adoption will follow. Share this:.
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