UK Minister Of International Trade May Be Interested in Decred (DCR)

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At the launch of the Rocketship Award program at the YBF Ventures, a team member of Decred (DCR), Joshua, has introduced the project to the United Kingdom Minister for Investment, Graham Stuart, who doubles as Member of Parliament for Beverley & Holderness.

The UK Investment Minister who met members of Melbourne Tech ecosystem at the YBF Ventures also launched the Rocketship Award Program, an idea centered on helping Australian Tech expand beyond the country.

There, the minister got acquainted with Decred, giving the project’s lovers the hope that United Kingdom and Australia may invest in the idea once they are convinced.

Creator of Dogecoin and co-founder at Adobe, Jackson Palmer‏ was also present at the event. However, it is not clear to us if he tabled his project before the minister.

Early this month, Joshua discussed Decree Project and decentralised organisations with Australia’s Federal Minister for Small Business, the Workplace, and Deregulation, Craig Laundy.

Decred Project has been leveraging the YBF ventures to seek mass adoption. Recently, YBF Ventures got a $500,000 Federal Government Grant for YBF Mesh, the firm’s Web 3.0 hub.

Decred In the Space

It is no news that the founders of Decred were early Bitcoin developers. Knowing Bitcoin’s existing problems, they rose up to create solutions to them.

Decred (DCR) means “decentralized credits”. It uses a separate consensus protocol that is entirely different from Bitcoin, giving it the advantage to fund itself, build on-chain governance with the aim of becoming more secured.

At the moment, Decred is ranked 28, has a market capitalization of $318 Million USD, and priced at $38.33.

Decred (DCR) is one of the coins investors in cryptocurrency can invest in. With the pace at which it is moving, no doubt, Decred will reach a high point soon.

Image Credit: Twitter.

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