Savings, mortgages, loans, licenses, and lots of paperwork might have come to an end with the introduction of the innovative blockchain technology. Decentralized applications might be the answer to many bureaucratic systems and has been applied in many countries yet the monitoring of decentralized transaction system remains unknown. Invest-Gate looks into this ingenious blockchain invention that appeared in the last decade.
Although ‘bitcoin’ has recently been a worldwide buzzword and gaining more popularity than ever, the Central Bank of Egypt (CBE) has issued an official warning statement against utilizing virtual currencies, mainly bitcoin, due to the high risks involved, describing it as volatile and unstable in value due to unregulated transactions. Concerning this, Invest-Gate sits with Ahmed Mansour, Information Technology Consultant and Blockchain Expert, who gives an insight about the investment and utilization of cryptocurrencies, such as bitcoin, in addition to where Egypt stands on the rollercoaster ride.
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