Tag Archives: technology

What is blockchain technology in simple terms and what are its features?

What is blockchain technology in simple terms and what are its features?

What are the blocks? These are blocks of information which follow each other in a strictly defined order. Each block contains data about the previous block, about the next block and other information which we can write there (for example: who owns real estate, who voted for which candidate at the elections, who has how much money in the account, who transferred what, etc., generally any information).

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Panamanian president refuses to sign bill on Cryptocurrencies

Panamanian president refuses to sign bill on Cryptocurrencies

In April, the Economic Affairs Committee of Panama’s National Assembly (AN) approved a bill to regulate digital assets. It aims to make it easier for Cryptocurrency exchanges to obtain licenses to operate in Panama. If the bill goes into effect, the government will also use Blockchain to store records transparently. Supporters of the initiative believe it will make Panama the digital hub of Latin America and attract investment from financial technology companies.

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