Guide: How Blockchain Technology is Changing the World

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Blockchain technology is a disruptive technology that took the world by storm. When Satoshi Nakamoto launched the Bitcoin white paper in 2008, the pseudo name or group only had the intention of describing a payment system. Indeed, little did they know that he was unleashing a technology that would change the world for good. A … Continue reading “Guide: How Blockchain Technology is Changing the World”

Allianz Chief El-Erian Makes a U-turn on Bitcoin Adoption

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On Tuesday, Mohammed El-Erian, the financial services firm Allianz’s chief economic advisor, shared his thoughts on cryptocurrency. Basically, according to him, cryptocurrency will reach universality as part of the broader financial ecosystem. He was speaking at CoinDesk’s Consensus: Invest Conference. El-Erian reiterated his earlier position that Bitcoin is a “commodity” and not a “currency.” However, … Continue reading “Allianz Chief El-Erian Makes a U-turn on Bitcoin Adoption”

South Korea May be Using Blockchain-based Online Voting Shorlty

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If you think that blockchain-based online voting is not possible, you had better think again. True, this is because authorities in South Korea have renewed their determination to evolve the system. To this end, local authorities are looking to experiment with the blockchain in December. This trial is to ascertain the feasibility of reliable and … Continue reading “South Korea May be Using Blockchain-based Online Voting Shorlty”

Seven of the Best Cryptocurrency Exchanges to Use

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We cannot emphasize enough the critical role of cryptocurrency exchanges in the virtual currency world. Sure, these exchanges help cryptoasset investors to buy, sell and exchange cryptos. By doing so, these crypto exchanges help to improve crypto liquidity. Technically, they are facilitating the mass adoption of cryptocurrencies. Consequently, it is right to say that crypto … Continue reading “Seven of the Best Cryptocurrency Exchanges to Use”

NASDAQ and VanEck Team Up to Launch New Futures Contracts

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The leading traditional stock exchange market, NASDAQ, closed a deal with the investment management firm, VanEck. Basically, the deal will have the two partners forge a way of rolling out new crypto financial products including futures contracts. Gabor Gurbacs, the director of digital asset strategy at VanEck, announced the strategic partnership at CoinDesk’s Consensus: Invest … Continue reading “NASDAQ and VanEck Team Up to Launch New Futures Contracts”

It’s official: Ohio is First State to Accept Crypto for Tax Payments

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If you are in the United States, it will interest you to know that the U.S. state of Ohio has set a new crypto record. Indeed, Ohio announced that it will start collecting taxes in cryptocurrency. Basically, this means that the local authorities are beginning to come to terms with the fact that cryptocurrency is … Continue reading “It’s official: Ohio is First State to Accept Crypto for Tax Payments”

How Blockchain is Changing the Data Supply Chain

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In a technological sense, the blockchain plays a pivotal role in the creation of trusted, immutable records of transactions. However, the downside is that this innovative technology has no place in collaborative ecosystem applications. Now, the question is, “How do we figure out what the blockchain really means to us?” Another question we will have to … Continue reading “How Blockchain is Changing the Data Supply Chain”

Ripple Chief Strategist Takes Aim at Bitcoin

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If there is a new marketing strategy the Ripple Labs team enjoys, it must be criticizing Bitcoin (BTC) to promote their XRP. Indeed, not too long ago, media reports say that Ripple CEO Brad Garlinghouse berated BTC just to promote XRP. The CEO, who spoke at Singapore FinTech Festival, called for a global framework for … Continue reading “Ripple Chief Strategist Takes Aim at Bitcoin”

Uganda is Set to Pass a Bill on Cryptocurrency Regulation

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Uganda has become the latest home to cryptocurrency crimes of enormous proportions. Indeed, the Sub-Saharan African country now feels the impact of something that never mattered before now. Before now, crypto-related exit-scams were U.S., European and Asian challenges, but not anymore. According to local media reports, Bitcoin (BTC) is extremely popular in the country. As … Continue reading “Uganda is Set to Pass a Bill on Cryptocurrency Regulation”

What is Bakkt’s “Phase 2” All About?

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Early last week, Bittpress reported that the Intercontinental Exchange (ICE)’s institutional platform, Bakkt, will launch in 2019. Despite the plan to extend its launch date, ICE is not reneging on the contract it has with other parties. Recently, ICE partnered with Software giant Microsoft and coffee chain Starbucks. According to the Daily Hodl, ICE will … Continue reading “What is Bakkt’s “Phase 2” All About?”