Kuknos is developing a gold-backed Immediate Edge cryptocurrency known as the Peyman, which would be used initially by 4 Iranian banks to allow for digitally tokenizing actual-world property. Other Iranian government statements about cryptocurrency show that Tehran’s final purpose with blockchain know-how is to help facilitate international trade exterior of the conventional banking system. A few months earlier, the vice-presidency had introduced assist for personal cryptocurrency growth, noting that there must be “at least one Iranian product” within the digital foreign money realm. A yr later, Brave New World suspended its Iranian funding plans after the Central Bank of Iran banned cryptocurrency buying and selling for a time.
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