
Governments are trying to cripple Islamic State finances. A hard task because it uses an ancient payment system known as hawala. It’s illegal in many countries but actually widespread. Here’s just one example of how it works in every-day business.
Capitalizations Index – B ∞/21M

Governments are trying to cripple Islamic State finances. A hard task because it uses an ancient payment system known as hawala. It’s illegal in many countries but actually widespread. Here’s just one example of how it works in every-day business.
AmberCoin presentation (Russian translation) AmberCoin presentation (Russian translation)
The mainstream financial services industry has gotten used to a stable ecosystem, facing virtually zero threats at least from the technological aspect. However, things have changed in the past couple of years, thanks to the discovery of potential applications of blockchain technology. Growing interest in distributed ledger technology suddenly accelerated the financial technology (fintech) sector, …
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