For the average millennial or at least anyone that pays attention to the business world, the term “cryptocurrency” would not seem like such a strange word. If that is, then the terms Bitcoin, Ethereum or at least Blockchain should ring a bell. One might wonder, why are these terms suddenly so prevalent, especially cryptocurrency news? Computing is getting rather pervasive and the society is leaning towards digital services. The finance world too isn’t spared as the disruption of technology into this sector has fostered the birth and development of Fintech organizations.
These Fintech organizations look to digitize payments and transactions, offering the same services that are currently in existence but in a better, efficient and more effective way.
Blockchain is the network upon which most of these cryptocurrencies operate on. The history of blockchain and bitcoin, in particular, does not have a definite story. In 2009, an individual or group of individuals known to be “Satoshi Nakomoto” developed and published the technology to allow people make digital payments between themselves anonymously without having an external party to verify or authorize the transfer of the currency being exchanged.
Although technologies like this might seem rather complex, understanding how Blockchain works is quite easy, given that one has a basic idea of how networks work. Blockchain is simply a database shared between several users, containing confirmed and secured entries. It is a network, where each entry has a connection to its previous entry.
This technology affords a very secure model whereby every record in the database cannot be tampered with. Apart from the stellar security that this network offers, the transparency and speed at which the network operates give it an edge over the conventional way of conducting transactions.
In simple terms, cryptocurrencies are just monies in digital form, transacted via digital means and over a digital network. The transfer of these currencies is utilized with cryptography and the aforementioned blockchain network. Up until the 2010s, cryptocurrencies were not really known until Bitcoin made its breakout and this gave rise to the birth of new cryptocurrencies.
Cryptocurrencies have had their fair share of bullish and bearish trends, going to show how unstable they can be. The latest cryptocurrency news reports lots of people predicting prices for various cryptocurrencies in the years to come but no-one can say for sure.
Blockchain, on the other hand, is making its way into pervasive computing, especially IoT, giving way for the development of new solutions that embrace data security and transparency.
Here’s the guest post by Kevin Nelson, who is sharing his vision on main principles of learning, and the role of artificial intelligence in the educational process of the future.
The leading payment app in the Eastern Europe creates an Ethereum-powered marketplace: the new ecosystem gives users a chance to become cryptocurrency investors simply by selling real goods.
MoxyOne, the blockchain-based debit card infrastructure startup that gives investors the opportunity to spend their crypto coins at merchants, is conducting its SPEND token sale. You have an opportunity to get a token at a 15-percent discount till April, 15.
The withdrawal is due to the latest change that was due after the Coinbase’s decision to discontinue the Merchant Tool product in favor of Coinbase Commerce.
Melbourne fintech company Nauticus is currently running TGE, allegedly the biggest one Australia, with 35% discount for early contributors.
By removing barriers and intermediaries, BCharity platform demonstrates modern applications of blockchain technology for the contribution to the success of humanity going forward.
Crymix, a Japanese cryptocurrency project, seeks to enable real time exchange of value, in cooperation with academic institutions, local governments, nonprofits and corporations. ICO live now.
The world-known payment platform has announced a number of update packages including the creation of the new wallet for one of the most influential cryptocurrencies, new features for the users, notable collaborations.
The ratings of the main GPU manufacturers have been lowered by leading Wall Street analyst on the news that Bitmain is going to release its new Ethereum ASICs.
The addition of support for ERC 20 tokens will be done across the entire range of digital asset products of Coinbase.
The LTC-based payments startup was scheduled to start wallet and debit card services last month in February, however, it has failed to further respond to the proceedings.
European Blockchain Summit 2018 will be held in April in Slovenia and will become a platform for discussion of relevant issues of the blockchain industry.
As Bitcoin is still priced high, and entry to cryptocurrencies for new-comers remains hard, altcoins may become a real alternative. For all interested we’ve put together a list of the top 5 altcoins to look for this year.
Meet Bpay.io, a wallet designed to support as many cryptos as possible, allowing to accept, withdraw and keep track of funds, no matter – online or offline.
According to the operator of the world’s fifth-biggest trading platform, the new indexes will give cryptocurrency investors a better understanding of today’s market trends.