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Difference between revisions of "Minister of Blockchain"
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[[File: | [[File:Ministry of blockchain logo.jpg|thumb|Ministry logo]] | ||
The '''Minister of Blockchain''' heads the [[Royal Blockchain Authority]], the agency tasked with providing counsel to the [[Grand Duke Travis|Grand Duke]] concerning blockchain uses and innovations. | The '''Minister of Blockchain''' heads the [[Royal Blockchain Authority]], the agency tasked with providing counsel to the [[Grand Duke Travis|Grand Duke]] concerning blockchain uses and innovations. | ||
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==Creation of office and duties== | ==Creation of office and duties== | ||
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. | [[File:Brian-E.jpg|thumb|The Hon. Brian Erdelyi, the Minister of Blockchain]]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 [[WestarcticaCoin]] (WAD) that would be an Ethereum token. These tokens would function primarily as a novelty to reward and engage citizens of [[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 [[WestarcticaCoin]] (WAD) that would be an Ethereum token. These tokens would function primarily as a novelty to reward and engage citizens of [[Westarctica]]. | ||