Portugal’s parliament, Assembleia da República, has rejected two bills that sought to tax cryptocurrencies. Livre and Bloco, two Portuguese left-wing parties, proposed the bills. However, both parties had little representation in Congress. The ruling Socialist Party, which holds the majority of seats in the legislative assembly, has not yet submitted any bill. This news comes on the heels of Portugal’s Minister of Finance, Fernando Medina, announcing that cryptos will be subject to taxation soon. Explaining the need for crypto taxation,…
Tag: HyperDragons
Introduction to the Interoperability of Dapps
A Dapp is the next level in technological innovation. A Decentralized application is basically a platform that connects two or more parties without the need for any arbitration. This is achieved through the help of a blockchain (that forms the infrastructure) and Smart Contracts (because they bind the parties together). Decentralized Applications or Dapps are taking the world by a storm. In the book Blockchain Revolution, the authors Don and Alex Tapscott argue that traditional centralized applications like Uber, Facebook, Airbnb can…
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