https://sg.finance.yahoo.com/news/temasek-backed-vertex-invests-cryptocurrency-041123231.html
Cryptocurrency is a high-risk investment and it is still evolving. Therefore, it is unwise for Temasek to invest in a high-risk business using our government coffer.
Any serious financial institution won't use a public blockchain because confidential information shouldn't be accessed by other public nodes. This is the reason the world bank issued its bond based on its own private blockchain as this couldn't connect with any public blockchain. What does this mean? This means there won't be a massive adoption of the public blockchain by serious financial institutions.
Sigh! Temasek is going to lose our money again!
Subscribe to:
Post Comments (Atom)
.jpg)
1 comment:
https://thenextweb.com/hardfork/2018/03/23/binance-europe-japan-hong-kong-china/
Binance is a high-risk firm operating in a high-risk industry. He is jetting around the world to avoid regulations.
Temasek's investment head should be fired for investing in such firms with our money.
Post a Comment