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.
The price of the leading digital currency keeps growing in value, positively influencing the entire cryptocurrency market.
Japanese blockchain-based influencer platform, Patron, has revealed the details of its forthcoming pre-TGE after successfully completing the stage of private sale.
Meet Gelios, P2P lending cryptocurrency company, ambitiously aiming to bring complete control and privacy to lending activities.
Blockchain gaming platform TriForce Tokens has successfully collaborated with the leading publisher for video game content in Latin America, Busca Todo.
P2P lending platform Fintrux has announced its raising over $12 million during the Pre-TGE and the intention to double its soft cap for the main TGE.
ImmVRse has partnered with Imperial medical school to reveal the effects that VR exerts on human sensory response and physical reactions.
In the pre-sale round including venture investors, Telegram managed to raise a whopping $850 million, over its initial target of $600 million.
Crypto investment opportunities are presented on a daily basis, but how many offer crypto mining platform that average Joe could understand.
With a momentary spike above $11,000 levels, the price of Bitcoin has pulled back down again and is consolidating around $10,700 levels.
In the late 1990s, the internet was a nearly ubiquitous service, and hundreds of innovative startups were launching new web-based platforms for everything from pet supplies to social networking. This craze, known today as the dot-com bubble, came crashing down when the bubble burst and many companies went bankrupt.
FireLotto is looking forward to the general token sale planning to raise funds for the development of its first-ever decentralized lottery.
While some countries are trying their best to attract Bitcoin mining companies, others don’t know how to deal with the demand.
The decentralized gaming platform TriForce Tokens has announced its bringing on Danny Montaner, known as a professional gamer, as an advisor to the platform.
Brand new real economy cryptocurrency Bitcoin creates a network of eco-friend and socially responsible companies that can help contributors build green future for the whole planet.
The well-established communication between the blockchain community and the officials of the country may become a key factor of turning Slovenia into a global blockchain destination.