The 1990′s saw the rise of the Asian Tigers with impressive double-digit income increases benefiting the entire population. By 2014, the World Wide Web has opened the door for entrepreneurs to bypass traditional government bureaucracies to make money directly. So how are local Thai citizens boosting their own income in the Digital Age? Thai Military […]
Have you ever taught about bad things happening to you or your children in your local park? When you go running at dusk, have you ever felt eerie about the route you’re taking? Did you ever think there would be a better way to facilitate safety in your local community? You probably have, just like […]
“When banks extend loans to their customers, they CREATE money by crediting their customers’ accounts.” – Sir Mervyn King In this animated documentary artist Paul Grignon creates an interesting point of view when it comes to mortgages, debts and our money system. How can we loan so much money that does not even exist? And, how is […]
Posted on 10 June 2014.
Bitcoin has been quite a hot news item over the past few months and it managed to gain hundreds percent in value in just a couple of months. But what is it that makes bitcoin and cryptocurrency in general so special and why do people believe cryptocurrency could be the next big thing? Low risk […]
Posted on 20 April 2014.
We probably don’t have to tell you that the World Wide Web has changed the way our modern society works and thinks in many different ways. Ever since the very first website back in 1992 up to the digital currency revolution that is going on right now, the internet changed the way we work, how […]
Posted on 22 March 2014.
Bitcoin exchange Mt. Gox has announced today that during a scan through all of the company’s wallets, it has found 200,000 bitcoins in old wallets that were assumed empty. The 200,000 bitcoins are valued at over $100 million. No compensation Despite the huge number of bitcoins that were found today, there are still 650,000 bitcoins […]
Posted on 14 March 2014.
Despite the rise of bitcoins and other digital payment methods, many people still prefer to use cash. Unfortunately for these people, the digital age isn’t very cash friendly. Companies like PayNearMe have noticed this trend and are rushing to provide a way to pay for internet purchases using cash. Companies that accept PayNearMe will list […]
Posted on 12 March 2014.
Yes, the world we live in is changing rapidly at an ever increasing pace. Technological advancements bring more and more opportunities to our modern society. Economies grow, collapse and grow again while new ones are being made digitally as we speak. The Digital Economy Programme is an interdisciplinary research council programme aimed at providing more […]
Posted on 09 March 2014.
Millions upon millions of financial transactions take place every day online. Economists and technology experts agree this number will only increase as businesses and consumers take advantage of the convenience of conducting business online. With the amount of personal data being transferred via the internet, privacy is a necessary concern. No one wants his bank […]
Posted on 04 March 2014.
The fall of Mt. Gox has certainly been the biggest news in the world of cryptocurrency for the past few months. Although the mainstream media often portrays the downfall of an exchange as something that the bitcoin is to blame for, the true blame should be put at the exchanges as they certainly are the […]
Posted on 02 March 2014.
How in the world do you connect the concept of Bitcoins – an uprising form of digital currency marked by it’s decentralized system – to selling/buying medical Marijuana in the United States? Well, it happened at the start of this year when the U.S. government decided to ban credit card payments for pretty much every […]
Posted on 01 March 2014.
The beginning of 2014 saw a decline in global stock markets causing some investors to fear a collapse. The Economist reports this is only a “wobble” not a complete downward spiral. The article goes on to say that the global economy is too reliant on the United States’ stock market, which saw a significant halt in financial […]
Posted on 19 February 2014.
The International Chamber of Commerce (ICC) is a major player in the global economy. From its headquarters in Paris, the ICC facilitates and promotes international trade. Since so much international trade is conducted via the internet, ICC has formed a commission on the digital economy. This commission works with members in 50 countries to develop […]