Taiwan soon to launch its own stablecoin named “Kaohsiung Coin” this year predicted on this coming 18th January 2019. The Taiwanese stable coin was designed since 2018 and will be issued and will be utilized by the residents for daily payment purposes. The launching of the stablecoin is also a strategy introduced by the country to boost its tourism industry.
A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.
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