Currency

  • Blockchain might not be something you've heard of before, but leading governments around the world have certainly taken notice. It's a technology that could revolutionize the way organizations are run. The hidden value of bitcoin, the digital crypto-currency platform, lies in the technology that verifies and tracks transactions by network nodes that record the information in a public distributed ledger called the blockchain, which uses bitcoin as its unit of account. It works without a central repository or single administrator, and many governments have announced plans to adopt the technology to keep track of transactions and simplify processes.

  • The Tunisia Economic City (TEC), jointly owned by Tunisia and Saudi Arabia, has chosen the Locus Chain blockchain as its settlement currency and service platform.