Rapid technological innovation around the world is highlighting some interesting splits and divisions in modern societies. National governments tend to move forward with some level of complexity. Their officials are not necessarily technology-inclined, and hidebound state systems face challenges adapting to a rapidly evolving digital world: it takes time to change the course of the ship of state.
Scientists are well familiar with the philosophy that change is not often consistent and universal, that systems do not typically move in lockstep, and that it often takes some level of detail to assess how larger systems work as a whole.
This is abundantly the case with the global economy that is rapidly assimilating fintech tools offering new innovative ways of doing business – blockchain, for one. Traditional banking systems have to find a way to accommodate change – including the trend toward digital assets and blockchain ledgers. XAR Network is deeply involved in this process, helping stakeholders to bridge the divide between…