Ep25: Digital Currency, Blockchain, and China
In 2013 China announced the Belt Road Initiative, a $1 trillion project to link together countries and economies to form a Chinese-centric economic ecosystem. These linkages include telecommunications systems, physical roads and bridges, and a financial system built around a digital currency that also employs elements of blockchain. To date, over 60 countries accounting for two thirds of the world’s population have signed on to this project.In this podcast, we have two subject matter experts discuss what these financial developments mean and could portend for the US. Our first contributor, Mr. Yaya Fanusie, is an Adjunct Senior Fellow at the Center for a New American Security (CNAS). His research focuses on the national security implications of cryptocurrencies and blockchain technology. Our second guest, Dr. Victoria Adams, is the Chief Innovation Officer at the Value Technology Foundation, and founder of ConsenSys, the largest pure play Ethereum blockchain firm in the world.