A digitized public ledger of all the transaction on the cryptocurrency market is called a blockchain. New Zealand is regarded to be a new global blockchain center, as there have recently spawned a great number of blockchain startups, especially those that have raised millions through ICOs.
“There are a growing number of blockchain launches involving Kiwi firms including Blockchain Lab NZ which has helped raise over NZ$410 million through initial coin offerings”, - FintechNZ general manager James Brown said.
He added:
“Some of New Zealand’s tech stars are involved in a global team which recently launched the world’s first ever blockchain platform for the multi-billion-dollar global online ratings and review industry.”
He also called New Zealand “a living laboratory” for creating new projects and inventions which will have a significant influence on the world’s financial market. For example, he stated that the blockchain rig lina.review would change drastically the whole industry system and showcase blockchain’s ability to deal with real issues bothering our world.
Read the details in the article of Coinidol dot com, the world blockchain news outlet:
https://coinidol.com/new-zealand-favorable-environment-for-blockchain/