In Brief: Tokenizing fiat forex in a manner that’s suitable with our present monetary infrastructure and laws isn’t any simple feat. The penalties nevertheless attain throughout the whole thing of business, the financial system, and society.
Nick Addison is the CTO of AgriDigital, an agricultural finance firm first coated in episode 45 of TER. As a part of his work at AgriDigital, Nick is researching methods to port the present monetary infrastructure into the blockchain age. It?’?s not simple, however because the stock of instruments grows, so do the variety of potential options to the issues Nick has uncovered.In this episode we have a look at a potential structure for a Digital Australian Dollar (DAD), the issues with implementing that structure and the results of constructing such a transition. It?’?s a fantastic tour by means of the answer area of at this time.