Private branded currencies: What is “Good Money”?

By Newman Banks

The direction and speed of growth in innovation in recent years has been characterized by a massive shift in how traditional services are viewed and understood, especially in envisioning new and inventive ways of delivering traditional services. Think about what Uber has done to the taxi business, how Airbnb changed the hotel business or even how the education sector has been able to expand and extend reach via Massive Open Online Courses through providers such as Stanford and Princeton supported Coursera. The common aim that all these innovations share is to improve on existing, well established services using new technologies.

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Crypto Currency is Reputation Money

Thomas Mayer revisits the topic crypto currencies and helicopter money in his latest article in the newspaper Frankfurter Allgemeinen Sonntagszeitung. He refers to crypto currencies as reputation money.

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ALDI takes off

ALDI takes off in week 10 2016 with a growth rate of 9%. The brand is gaining more popularity among Leondrino Wallet users and moves up to rank 18.

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CTS Eventim is catching up

Since a few weeks ago, the brand CTS Eventim is listed as available brand on Leondrino Exchange. In week 6 – 2016 it was added more often to Leondrino Wallets. With an increase of 9% the brand became the fastest growing brand of last week. CTS Eventim moves up to rank 27.

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Public Hearing on Virtual Currencies by ECON Committee

The ECON Committee held a public hearing on Virtual Currencies on Monday 25 January at 15.00, in order to prepare its upcoming own-initiative (INI) report (rapporteur: Jakob von Weizsaecker, S&D/DE). Panellists included representatives from the European Commission (DG FISMA) and the OECD, academia and stakeholders from the private sector. The hearing was webstreamed on the ECON committee website as part of the ordinary committee meeting.

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