Cambodia To Introduce A Blockchain Based Digital Currency

After three years of development, the National Bank of Cambodia has revealed the technical details of its upcoming blockchain-based payments system dubbed ‘Project Bakong’ this month. Cambodia’s central bank began developing Project Bakong since 2017, and is seen as a high-tech relaunch of the Khmer Riel, which is the kingdom of Cambodia’s official currency but is significantly lesser used by the people in favor of the US dollar, according to the recently published whitepaper.

4 Arguments Why Lending Marketplaces Work for Lenders

Peer-to-Peer (P2P) lending, also known as lending marketplaces, has become all the rage over the past couple of years. Even in the area of commercial real estate where the stakes are much higher, P2P popularity has soared. Platforms designed for CRE are able to facilitate lending deals for anywhere between $100,000 and $100 million. Are…