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Difference between revisions of "Minister of Blockchain"
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added info to reflect end of WestarcticaCoin
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In July 2017, Mr. Brian Erdelyi, a cybersecurity expert, approached Grand Duke Travis about potential blockchain applications for emerging nations. The two men then collaborated on a blockchain system for Westarctica and the initial test project was completed that same month. After the the price of Bitcoin exploded to nearly $20,000 in December 2017, Grand Duke Travis reached out to Mr. Erdelyi to discuss the possibility of creating a cryptocurrency for Westarctica. | In July 2017, Mr. Brian Erdelyi, a cybersecurity expert, approached Grand Duke Travis about potential blockchain applications for emerging nations. The two men then collaborated on a blockchain system for Westarctica and the initial test project was completed that same month. After the the price of Bitcoin exploded to nearly $20,000 in December 2017, Grand Duke Travis reached out to Mr. Erdelyi to discuss the possibility of creating a cryptocurrency for Westarctica. | ||
After several weeks of planning and discussions, in January 2018, they decided to begin their real-world blockchain experimentation by creating a cryptocurrency called | After several weeks of planning and discussions, in January 2018, they decided to begin their real-world blockchain experimentation by creating a cryptocurrency called [[WestarcticaCoin]] (WAD) that would be an Ethereum token. These tokens would function primarily as a novelty to reward and engage citizens of [[Westarctica]]. | ||
In the furtherance of this goal, Mr. Erdelyi was appointed Minister of Blockchain and welcomed into the [[Royal Council]]. It was the first new cabinet position to be created since the [[Minister of Technology]] in 2014. | |||
With the shuttering of the Hexel platform and eventual dissolution of WestarcticaCoin, the future of the Ministry is in question. | |||
[[Category:Government of Westarctica]] | [[Category:Government of Westarctica]] | ||
[[Category:Cabinet of Westarctica]] | [[Category:Cabinet of Westarctica]] | ||