Iran does not have more time to lose blockchain opportunities!
Pouya | 2018-08-15

Iran does not have more time to lose blockchain opportunities!

Nima AmirShekari, , Monetary and Banking Research Institute manager believes that Iran cannot afford to lose more Blockchain and cryptocurrency opportunities.

As the sanctions are becoming a serious issue, the role of Blockchain technology and cryptocurrencies in monetary and financial transfers in international scales. It would be better to work on infrastructures previous years.” Said Nima AmirShekari, Monetary and Banking Research Institute manager, to Ibena news agency.

“The most perfect time would be the last year. At that time and in spite of now, Blockchain and cryptos we’re not monitored by many governments. Hence, we could have used this technology for international financial transfers and attraction of foreign investments.” He added.

“Consider Venezuela as a banned country. By initiation of national cryptocurrency project, Venezuela could earn about 2 billion dollars during the poor economical conditions attracting Venezuelan investments from outside of the country. It was too late when Donald Trump banned Petro trading (Petro is the national cryptocurrency of Venezuela); because, all the petro was already sold and the targets we’re totally reached.” He said.

“Currently, trading national cryptocurrency in Iran will be monitored and banned by the US government so fast and that is the reason I think that maybe it is quite late to apply Blockchain in-order to earn foreign investments.”

“However, moving towards design and trading national cryptocurrency is inevitable; because it brings transparency and reduces costs and barriers in money transfers. We cannot afford to lose more opportunities in this field.”

More to read:

Investigations on blockchain and cryptocurrencies in Iran :accomplished!

President Rouhani comments on cryptocurrency regulation

Iran recognizes mining as an industry: Breakthrough after massive bans

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