It’s been a busy year for everyone involved with Blockchain and with Cryptocurrency and we’ve been working with a fat man named Santa on a project for next year.

With the ever-expanding population, the increasing cost of ink and the number of naughty and nice transactions children are completing a new solution is required if he’s to ensure every child get’s a present on Christmas.

Santa is keen to improve transparency after a number of successful appeals by those kids having received coal accidentally. The old paper-based system was run by an Elf who went rogue, editing the naughty or nice list without the approval of St. Nick. He was caught deleting the good deeds from kids he didn’t like and with no backup ledgers, it was a mistake that couldn’t be fixed.

High profile cases like this have been tried through the Fairy Tale Courts this season with the North Pole unable to win a single case. The Fairy Godmother sympathise with St. Nick but rebuked him for allowing such trust to be placed in the hands of one individual.

It’s time for the Naughty or Nice list to modernise. Step Forward Santa Koins.