Just What are Cryptocurrency Casinos?

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Since the introduction of Bitcoin in 2009, a new system of digital currency has taken the world by storm. These decentralized currencies offer a sense of ownership and credibility since they are not controlled by a single authority. Any user can opt out when he wishes due to the peer-to-peer network of the system. The … Continue reading “Just What are Cryptocurrency Casinos?”

Five Interesting Facts about Blockchain Technology

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Whether you understand it or not, blockchain technology is coming – and fast. Retailers, corporations, governments, you name it are rapidly adopting the technology.  In fact, it’s already impacting the food you eat due to IBM’s latest technology. IBM launched a ledger that will track food supply chains.  Known as IBM’s Food Trust Ledger, it … Continue reading “Five Interesting Facts about Blockchain Technology”

Despite Doom and Gloom Forecasts, Cryptocurrency is the Future of Money

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As is the case with anything new, naysayers abound. The same holds true for cryptocurrency and blockchain, both of which are still in their infancy. Dr. Doom, Nouriel Roubini for example says, “There is no decentralization, it’s just bulls***.” This was while he was attending a Milken Institute conference. Warren Buffett and Charlie Munger still … Continue reading “Despite Doom and Gloom Forecasts, Cryptocurrency is the Future of Money”

The First Blockchain Solution for Korean Banks

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Blockchain technology is making big waves in South Korea thanks to Samsung. Samsung SDS developed a blockchain based certification platform for South Korean banks called BankSign BankSign will offer banks an option to replace the existing, antiquated ID verification system.  The new system will allow users to make transactions on mobile apps after verification with a fingerprint, … Continue reading “The First Blockchain Solution for Korean Banks”

Blockchain Technology could Add $2 Trillion of Value

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Barely a day goes by without a reminder of how banks are using blockchain to transform transactions. Not only does the technology remove the need for middlemen, it can speed up transactions and increase trust among users. The best part – it may just save banks billions of dollars. Analysts at Accenture believe banks could … Continue reading “Blockchain Technology could Add $2 Trillion of Value”