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.
With a new solution, people lacking financial access will get an opportunity to receive a credit via a blockchain-powered decentralized network.
ICO’s are quickly becoming a significant alternative to IPO’s, and they are attracting a lot of interest.
GIA Sunrise Inc, digital asset management corporation specializing in the blockchain commodity management and execution of arbitrage, works to shake up digital economy and become the leader in the destined-for-success blockchain tech.
Lagarde said that the same blockchain technology which underpins cryptocurrencies can be used to regulate cryptocurrencies and also track whether they are being used for any illicit activities.
Trading bot OBi brings cryptocurrency trading to the next level: it works 24 hours a day to ride the overall trends and maximize the returns.
CoinMetro, a decentralized financial service provider designed to facilitate compliance of Blockchain-based setups with country-specific regulatory requirements, raises over 11.5 Million EUR from its TGE.
Through dedication and trust of its admirers, Hicky, the app that brings dating on the blockchain, has reached its soft cap, but there is still a chance to contribute to love searching and help the project to achieve the hard cap.
Google will ban any ads for cryptocurrency and ICO starting in June. Other speculative financial instruments such as rolling spot forex, binary options, Contracts for Difference will no longer be allowed on Google’s AdWords platform as well.
Thanks to the obtained U.K. e-money license San Francisco-based cryptocurrency exchange Coinbase now can operate in the EU countries.
Binance Chain will mainly focus on the transfer and trading of blockchain assets, as well as provide new possibilities for the future flow of blockchain assets.
In today’s time of powerful media, there are multiple platforms that content creators and brands have to subscribe to in order to ensure that their message and materials are broadcasted to the widest audience.
There are very few things that are constant throughout history. If anyone had the opportunity to visit another century, it’s likely that they would recognize very little about that society.
The platform which directly connects doctors and other healthcare specialists to patients makes an unexpected step during the pre-sale offering great bonus to early supporters.
Blockchain technology may have the potential to take over mainstream travelling websites like Yelp, TripAdvisor, and AirBnB.
Singapore-based startup Vivid launched a token pre-sale on March 9th, 2018 for the world’s first augmented reality based portfolio management tool.