Europe’s latest cryptocurrency, Korona, which its Hungarian founders claim is more stable, safer and cheaper than the others currently on the market, was launched in Budapest on February 15.
“Over the next few years we are going to see a revolution in the banking sector,” said Jean-Marc Stiegemeier, Korona’s head of management during the launch. “Within ten years cryptocurrency will be used and accepted worldwide.”
“Banking as we know it today will eventually evolve into different platforms. We started this project because we saw the opportunity to take cryptocurrency technology into the future,” he said.
Despite being made primarily by Hungarians, the headquarters of Korona are in Zug, Switzerland. Asked why the foundation was not incorporated in Hungary, the team answered that Zug is today the crypto-valley of Europe...Read more: http://emerging-europe.com/in-brief/korona-europes-latest-cryptocurrency-made-hungary/