Speaking on The Pat Kenny Show, Lagarde underscored Europe’s dependence on foreign digital payment infrastructure. “Visa, MasterCard, PayPal and Alipay are all controlled by American or Chinese companies,” she noted, arguing, “We should make sure there is a European offer.”
Innovation and blockchain do not go in one sentence. Blockchain is a near dead technology. It has its use cases but if you want a fast moving money transactions option, you should look into UPI by India.
Oh, they can go in one sentence, if done right.
Nano offers fast transactions on a decentralized network while using very little energy.
Strictly speaking it’s not just one blockchain, but one per account, which only the account owner can update (add blocks to it).
This asynchronous design is what makes Nano so fast, because there’s no need to wait for others when updating one’s own blockchain.
What it doesn’t have (yet?) is a sufficiently large network effect, which it may never acquire.
But it is one example of an attempt at making digital money based on blockchain technology, which is not just a copycat, scam, rugpull or other malicious nonsense.
Monero comes to mind as well and maybe a handful others.
Sadly almost all around blockchain is not just not innovative, but outright evil.
We’ll see. I believe in the blockchain technology, but not in the way it is used as today. IMO it’s like the early days of the internet. Only for the nerds, until they started to build RWA. But again… we’ll see.