Exploring the Rise of Decentralized Finance (DeFi) and Its Impact on Traditional Finance

The financial landscape has witnessed a remarkable transformation in recent years with the emergence of decentralized finance (DeFi). This revolutionary concept has been making waves in the world of traditional finance, offering innovative solutions that challenge the existing centralized financial systems. In this blog post, we will delve into the rise of DeFi and explore …

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Crypto Exchange

How to Choose a Crypto Exchange: 7 Important Factors to Consider

A crypto exchange is a place where you can buy, sell, exchange, swap and trade cryptocurrencies like Bitcoin, Ethereum, etc. There are many cryptocurrency exchanges worldwide and choosing the best and most reliable crypto exchange can be challenging. However, various factors will help you when choosing a cryptocurrency exchange. When it comes to choosing a …

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Cryptocurrency News

Top 10 Cryptocurrency News Websites to Keep Up With the Latest Updates

Cryptocurrencies have become one of the most discussed topics due to their uniqueness and decentralization. In a world of innovation and rapidly changing environment cryptocurrencies occupy an important place in the public space and attract the attention of investors. For a crypto investor, it is vital to find trustworthy information and finding a reliable source …

Top 10 Cryptocurrency News Websites to Keep Up With the Latest Updates Read More »

Gambling

Online Gambling Vs. Traditional Gambling: Which One is For You?

In recent years gambling has evolved significantly. Gambling is the act of betting money on an event with an uncertain outcome with the intent to earn more. Gambling is practiced as a leisure activity. Gambling can be both legal or illegal depending on a particular country’s rules and regulations. Gambling includes: Lotteries Bingo  Betting on …

Online Gambling Vs. Traditional Gambling: Which One is For You? Read More »

Online Casino

The Biggest Challenges Faced by Online Casino Businesses

An online casino businesses can be profitable with the advancement of technology, online gambling has become increasingly popular, allowing players to access games and place bets from their comfort zone, but like any type of business, there are plenty of challenges to face before an online casino can become successful. Here are some of the …

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Online Casino business

How to Launch a Successful Online Casino Business from Scratch 

An Online Casino business offers a variety of casino games to players over the Internet. Online casino businesses provide a wide range of games such as slots, table games, card games and many more. Players can access these games from any device, including smartphones, tablets and computers. Online casinos are a great opportunity for entrepreneurs …

How to Launch a Successful Online Casino Business from Scratch  Read More »

Future Innovation Summit

Future Innovation Summit 2023: Pioneering the Next Wave of Global Innovations

Press Release: Dubai, UAE- August 22, 2023: The Future Innovation Summit, the region’s largest innovation-focused conference, and exhibition, is set to return for its 4th edition on October 10th and 11th, 2023, at the Jumeirah Beach Hotel, Dubai. Spearheaded by its visionary founder and chairman, Adnan Al Noorani, the two-day event promises to converge the …

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NFTs

Top 7 Use Cases For Non-Fungible Tokens (NFTs) Beyond Art

Non-fungible tokens is a digital asset or token that is unique and not interchangeable with another digital token.NFT can be used to record ownership of virtually any digital item.NFTs have revolutionized the art world. Ethereum has a wide range of NFT platforms. Features of Non-fungible tokens (NFTs) Top 7 Use Cases For Non-Fungible Tokens (NFTs) …

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NFTs

7 Ways Non-Fungible Tokens (NFTs) Are Revolutionizing the Art Industry

NFTs (Non-Fungible Tokens) are the newest platform that can empower artists with accessible and safe tools.NFT allows new ways to manage and transfer digital materials such as artwork and music.NFT is a digital asset or token that is unique and not interchangeable with another digital token. Non-fungible tokens can be used to record ownership of …

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Digital identity

Top 5 Cryptocurrency Projects Focused On Enhancing Digital Identity

Our world today is undeniably digital. We live in an age where technology is transforming everything. From artificial intelligence to blockchain digital technologies are redefining how we live and work. We store much of our life digitally. The centralized identity system is fading. Blockchain enables more secure management and storage of digital identity by providing …

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Dubai to Witness the World’s Largest Web3 Conference: ABC Conclave to Unite Global Web3 Pioneers in Dubai World Trade Centre

Dubai, UAE – ABC Conclave, is set to gather blockchain enthusiasts, industry leaders, and innovators from around the globe on 7-8 October 2023 at the prestigious Dubai World Trade Centre. This immersive event will provide a unique platform for collaboration, education, and exploration of the latest trends in blockchain, cryptocurrencies, NFTs, DeFi, and Web3 technologies. …

Dubai to Witness the World’s Largest Web3 Conference: ABC Conclave to Unite Global Web3 Pioneers in Dubai World Trade Centre Read More »

Cryptocurrency predictions

5 Futuristic Predictions for the Cryptocurrency Industry

It is impossible to say exactly what will happen to the cryptocurrency industry. The world of cryptocurrency holds unlimited potential, but what does the future hold for the cryptocurrency industry? Let’s discuss the futuristic predictions for the cryptocurrency industry. Bitcoin was the first cryptocurrency that came into existence since its introduction its popularity has surged …

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Crypto regulations

Crypto Regulations: 10 Regulations Shaping the Future of Cryptocurrencies

Cryptocurrency and blockchain technology are becoming more popular in the financial world. The regulatory framework of cryptocurrency is evolving rapidly. Crypto regulations provide clarity, prevent fraud and protect market participants. Let’s discuss how crypto regulations are shaping the future of these digital assets. The European Union was one of the first regions to develop significant …

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Blockchain in healthcare

Top 7 Blockchain Projects in the Healthcare Sector

The rapid uptake of digitization in healthcare has led to the generation of massive electronic records about patients. Such growth poses unprecedented demands for healthcare data protection while in use and exchange. The rise of blockchain technology as a responsible and transparent mechanism to store and distribute data is paving the way for new potentials …

Top 7 Blockchain Projects in the Healthcare Sector Read More »

ICOs

10 Tips For Safely Participating In Initial Coin Offerings (ICOs)

Initial Coin Offerings (ICOs) are a fundraising method used by cryptocurrency projects to raise capital.  In an ICO, a project offers digital tokens in exchange for investment, typically in the form of established cryptocurrencies like Bitcoin or Ethereum. These tokens represent a stake in the project or provide access to its products or services. ICOs …

10 Tips For Safely Participating In Initial Coin Offerings (ICOs) Read More »

Stablecoins

Top 10 Stablecoins for Hedging Against Market Volatility 

Cryptocurrencies such as Bitcoin and Ethereum can be highly volatile. As the world of cryptocurrency continues to evolve, stablecoins are designed to maintain a stable value, Stablecoins are backed by real-world assets and provide a hedge against market volatility.  Stablecoins are a type of cryptocurrency that is designed to maintain stable value, usually pegged to …

Top 10 Stablecoins for Hedging Against Market Volatility  Read More »

Cryptocurrency investment

Top 7 Celebrities Who Have Invested In Cryptocurrency

Cryptocurrency popularity has boomed in recent years and celebrities are investing in cryptocurrency. We’ll look at the top 7 celebrities who have invested in cryptocurrency. Elon Musk has invested heavily in cryptocurrency and is one of the wealthiest people. He has invested in three cryptocurrencies: Bitcoin, Ethereum and Dogecoin. Although his interest in Bitcoin and …

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Cryptocurrencies in developing countries

10 Innovative Ways Cryptocurrencies are Used in Developing Countries

Cryptocurrencies are digital currencies that are exchanged and recorded on blockchains. It does not require central intermediaries (i.e. banks) for transactions.Blockchain is a decentralized technology spread across many computers that record transactions. Cryptocurrencies have gone global in attempts to replace the current financial system. People look at cryptocurrencies from various perspectives. Developing countries are some …

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Crypto trading

Top 10 Technical Indicators for Successful Crypto Trading

Crypto trading involves buying and selling digital assets like Bitcoin, Ethereum and other cryptocurrencies to make profit. Crypto trading is decentralized and allows global transactions anytime, crypto trading offers greater liquidity, as cryptocurrencies can be bought and sold more easily than other assets. Crypto trading indicators are based on the price and volume of an …

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Crypto solving real world problems

Top 7 Cryptocurrency Projects Solving Real-World Problems

Cryptocurrency is becoming more popular throughout the world. cryptocurrency is making a big change by solving real-world problems. Cryptocurrency is a form of currency that exists digitally or virtually. It does not have a central regulating authority, instead using a decentralized system to record transactions. It uses encryption to verify transactions. Encryption aims to provide …

Top 7 Cryptocurrency Projects Solving Real-World Problems Read More »

cross-chain swap

Top 5 Cross-Chain Swap Platforms for Seamless Asset Swap

What is Cross-chain Swap? Cross-chain swap allows people to make payments in a particular token even when they are on different blockchains. Cross-chain swaps provide a way of dealing with the volatility of crypto by giving users the chance to move crypto across networks. Users can swap crypto to protect the value of their tokens …

Top 5 Cross-Chain Swap Platforms for Seamless Asset Swap Read More »

Cryptocurrencies

Top 10 Countries Embracing Cryptocurrencies

Cryptocurrencies are becoming more popular throughout the world and many countries are embracing them.  Basically, Cryptocurrency is a form of currency that exists digitally or virtually. It does not have a central regulating authority, instead using a decentralized system to record transactions. It uses encryption to verify transactions. Encryption aims to provide security and safety. …

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Green cryptocurrencies

Top 5 Green Cryptocurrencies Addressing Environmental Concerns

The rise of green cryptocurrencies drives a shift towards more sustainable and energy-efficient blockchain technologies. Some cryptocurrencies like Bitcoin have a significant carbon footprint with an annualized energy consumption. The main reason for this carbon footprint lies in blockchain technology which requires vast computational power. The amount of power and energy consumed in the proof-of-work …

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Blockchain in gaming

Blockchain in Gaming: Top 5 Gaming Projects Utilizing Blockchain Technology

Blockchain in gaming industry enables players to interact with gaming platforms in a new way. Blockchain is making its way into the gaming industry, revolutionizing how games are developed and played. It offers transparency, security and ownership of in-game assets, creating new opportunities for gamers. With blockchain, players have true ownership of in-game assets as …

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Crypto influencers

Top 10 Crypto Influencers to Follow on Social Media

Cryptocurrencies are making waves but there are a lot of factors that make the crypto investment extremely complicated to clear all the complicated issues that investors are facing there exists crypto influencers. Crypto influencers use various social media platforms to make content that focuses on cryptocurrencies. Let’s discuss crypto influencers to follow on social media. …

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Central Bank Digital Currency (CBDC)

Top 5 Central Bank Digital Currency (CBDC) Initiatives

The concept of Central Bank Digital Currency (CBDC) has been attracting interest across the globe with most central banks exploring and examining the CBDC. Globally the key trends of payment modernization include transformation of immediate interbank gross settlement and emphasis on a faster retail payment system. Therefore many central banks foresee potential innovation in CBDC. …

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Cryptocurrencies

7 Government Reactions to the Rise of Cryptocurrencies

The creation of Bitcoin brought cryptocurrencies into the spotlight. The rising popularity of cryptocurrencies cannot be ignored. Cryptocurrencies support a peer-to-peer mechanism and eliminate the third party for transactions. For example- no bank account or credit card is required for crypto transactions. It just needs a crypto wallet. Cryptocurrencies attracted the attention of the public …

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Cryptocurrency taxes

Cryptocurrency Taxes: How Cryptocurrencies are Treated Around the World

Cryptocurrency taxes depend on the digital currency’s legal status in a particular country and the tax system used in that country. Most countries have found ways to tax gains from cryptocurrencies. For example In the U.S. The Internal Revenue Service (IRS)  has issued tax guidance and requires investors to disclose yearly cryptocurrency activity on their …

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 Cryptocurrencies

How Cryptocurrencies Promote Financial Inclusion?

Cryptocurrencies have become among the most discussed topics due to their uniqueness and decentralization. In a world of innovation and a rapidly changing environment cryptocurrencies occupy an essential place in the public space and attract the attention of investors. Cryptocurrencies have potential to promote financial inclusion. Cryptocurrencies Cryptocurrencies have gone global in attempts to replace …

How Cryptocurrencies Promote Financial Inclusion? Read More »

Blockchain technology

Blockchain Technology Beyond Cryptocurrencies: 7 Use Cases

Blockchain technology can be used for purposes other than cryptocurrencies. While blockchain is often synonymous with cryptocurrencies like Bitcoin, its potential extends far beyond that sphere. This distributed ledger offers valuable applications in multiple industries, promoting transparency, security and efficiency. Let’s explore the use cases of blockchain technology beyond cryptocurrencies. Blockchain Technology Use Cases Beyond …

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Cryptocurrency Podcasts

Top 10 Cryptocurrency Podcasts – Stay Informed with Crypto Podcasts

Cryptocurrency Podcasts are a great way to learn and become a more informed investor. Cryptocurrency podcasts are becoming go-to resources for newbies and seasoned experts to access the latest news and trends about crypto-related affairs. With thousands of cryptocurrency podcasts, choosing the best among all becomes challenging. To make the task easier for you, we …

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DeFi lending

DeFi Lending Platforms: Yield Farming and Staking New Ways to Manage Savings

DeFi lending platforms provide a way to earn passive income. When you own cryptocurrency, you can get passive income from DeFi lending platforms. You have a lot of options to get passive income such as yield farming and staking. Instead of just holding, a person can generate profits in exchange for participation in DeFi lending …

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Cryptocurrency

10 Essential Tips for Securely Storing Your Cryptocurrencies

Cryptocurrency is a digital currency that is exchanged and recorded on blockchains. It does not require central intermediaries (i.e. banks) for transactions. Blockchain is a decentralized technology spread across many computers that record transactions. One of the reasons a lot of people have been hesitant to invest in cryptocurrency is because of security risks. Cryptocurrency …

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Blockchain in government

Blockchain in Government – How the Technology Can Transform Government Services

Blockchain in government sector can bring a lot of innovative solutions to tackle numerous problems that governments all over the world have been facing for decades. A blockchain-based government can improve confidence and accountability, secure data and reduce fraud. Key governmental processes could be accelerated by blockchain technology. Adoption of Blockchain in Government Sector Blockchain …

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AI and blockchain

Artificial Intelligence (AI) and Blockchain: The Vanguard Technologies

Artificial Intelligence (AI) and blockchain are two significant technologies that can bring innovations in various industries. Combining AI and blockchain has led to restructuring architectural changes to meet the present industrial demand. Alliance of AI and blockchain technologies gives rise to decentralized AI which enables machines to understand and make decisions on reliable and secured …

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Privacy coins

Top 7 Privacy-focused Cryptocurrencies for Anonymous Transactions

Cryptocurrency is a digital currency whose security is mainly based on public-key cryptography. Anonymity is a desirable requirement to preserve users’ privacy in cryptocurrency transactions. Anonymity makes investigating illegal transactions more difficult. Anonymity in cryptocurrencies provides a cover for various illegal activities such as money laundering and adversaries are hard to identify and punish. With …

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Blockchain and cross-border payments

 Blockchain for Cross-border Payments: Connecting the Fragmented World 

Blockchain technology is gaining momentum in various industries. The payment industry has been witnessing an increasing adoption of blockchain due to its potential to reduce the role of intermediaries and enable faster processing of cross-border payments. What is blockchain and how it can help facilitate cross-border payments? Blockchain technology is distributed database of records of …

 Blockchain for Cross-border Payments: Connecting the Fragmented World  Read More »

Non-fungible token

5 Under-the-Radar Non-Fungible Token (NFT) Projects to Watch

The Non-Fungible Token (NFT) market has been growing in the recent couple of years. These blockchain-based digital properties with unique identification originated from a token standard of Ethereum. The objective is to distinguish each token with unique signs. With NFTs, all marked properties can be traded with customized values. NFT has greatly stimulated the prosperity …

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Crypto Market Trends

Cryptocurrency Market Analysis and Trends

Cryptocurrency Market Analysis  There are 1.8 million cryptocurrencies (as of August 2023) in circulation and the market size of cryptocurrencies in terms of transactions is USD 1.05 trillion. Cryptocurrencies are virtual currencies that exist digitally and has no regulating authority. Cryptocurrencies use blockchain technology that manages and records transactions. It uses a peer-to-peer system that …

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Crypto mining

Environment and Cryptocurrencies: Mining Friends or Foes?

The crypto mining industry has serious environmental ramifications as a result of the energy-intensive process through which coins are created. Hardware used for mining consumes a vast amount of power which impacts the environment. Crypto Mining Blockchain needs miners for crypto mining each miner validates transactions and generates hashes, which are then added to the …

Environment and Cryptocurrencies: Mining Friends or Foes? Read More »

Top 10 Cryptocurrency Exchanges with Lowest Fees

Cryptocurrency Exchanges are the platform where trade in cryptocurrencies is facilitated. These platforms support different trading pairs, allowing users to trade one cryptocurrency for another or for fiat currency. A key component to keeping costs down while trading and buying cryptocurrencies is to find a top crypto exchange with the lowest fees. There are different …

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asset tokenization

Top 10 Blockchain Projects Transforming Supply Chain

Introduction Blockchain technology has transformed the business world through its ability to create a secure and transparent network, blockchain plays a vital role in supply chain management. Blockchain technology is distributed database of records of all the transactions that have been executed and shared among participants in the blockchain network. Transaction on blockchain is verified …

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asset tokenization

Asset Tokenization: Bringing Real-World Value to the Blockchain 

Asset tokenization is a revolutionary concept within blockchain technology. It is an innovative process that transforms traditional assets into digital tokens, enabling fractional ownership. Tokenization can turn assets either real or virtual into a digital token that enables a digital transfer of ownership and storage without the need of a third party or central authority. …

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Blockchain in government

7 Ways How Cryptocurrencies Are Impacting Traditional Banking System?

Introduction Cryptocurrencies are steadily expanding and gaining popularity and the impact of cryptocurrencies on the traditional banking system is more crucial. Cryptocurrencies have gone global in attempts to replace the traditional banking system. People look at cryptocurrencies from various perspectives. Some look at transactions, some for rewards and some for investment. Let’s see how cryptocurrencies …

7 Ways How Cryptocurrencies Are Impacting Traditional Banking System? Read More »

Play-to-Earn

Are Play-to-Earn Games Changing the Blockchain Gaming Landscape?

Introduction Based on blockchain technology, Play-to-Earn (P2E) games are a type of game that allows players to earn winnings. The concept is that players should be rewarded for their skills and time, by entwining gaming and cryptocurrency, the notion of monetizing the gaming experience has been made possible. Play-to-Earn driven gaming platform and offer players …

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AI and blockchain

DAOs: How will this New Format Impact Organizations and their Functioning?

Introduction Decentralized Autonomous Organisations (DAOs) appear to be the next great development in blockchain technology.DAOs present a fundamentally decentralized approach to governance, allowing new types of organizations and approaches. DAO is a blockchain-based system that enables people to coordinate and govern themselves mediated by a set of self-executing rules deployed on a public blockchain and …

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blockchain

Ever wondered how Blockchain Technology could Revolutionize Healthcare System?

The rapid uptake of digitization in healthcare has led to the generation of massive electronic records about patients. Such growth poses unprecedented demands for healthcare data protection while in use and exchange. The rise of blockchain technology as a responsible and transparent mechanism to store and distribute data is paving the way for new potentials …

Ever wondered how Blockchain Technology could Revolutionize Healthcare System? Read More »

Privacy coins

How Cryptocurrencies are Impacting the World Economy?

Cryptocurrencies have become one of the most discussed topics due to their uniqueness and decentralization. In a world of innovation and rapidly changing environment cryptocurrencies occupy an important place in the public space and attract the attention of investors. Introduction  Cryptocurrency is a form of digital currency. It uses encryption to verify transactions. Encryption aims …

How Cryptocurrencies are Impacting the World Economy? Read More »

Blockchain

How Blockchain Revolutionizes the Supply Chain Management?

Blockchain technology has transformed the business world through its ability to create secure and transparent network, blockchain plays vital role in supply chain management. Blockchain Technology  Blockchain technology is distributed database of records of all the transactions that have been executed and shared among participants in the blockchain network. Transaction on blockchain is verified by …

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 Cryptocurrencies

Bitcoin and Blockchain: Ensuring your Privacy and Safeguards your data

 Cryptocurrencies such as Bitcoin were proposed as a means to address the limitations of centralized banking system and to offer its users privacy with regard to their transactional data. Introduction Data leakage and other privacy-related matters receive more and more attention. Cryptocurrency technology gained significant and growing attention across the globe. The technologies responsible for …

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Cryptocurrency

Cryptocurrency Wallets: The Gateway to Blockchain applications

A big challenge in cryptocurrency is to secure private keys from hackers. The technical solution to protect private keys is a cryptocurrency wallet. Cryptocurrency Wallet Cryptocurrency wallet is used for cryptographic applications that manage private keys and addresses of a user in blockchain and cryptocurrency. It could be on desktops,smartphones and even in particular hardware. …

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Crypto regulations

Crypto Regulations and Compliance can enhance the crypto adoption 

Cryptocurrency and blockchain technology is becoming more popular in the financial world. The regulatory framework of cryptocurrency is evolving rapidly some countries imposed bans on crypto while others are progressing. Crypto Regulations and Compliance Crypto regulations provide clarity, prevent fraud and protect market participants. Crypto assets provide various benefits as well as regulatory challenges and …

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asset tokenization

A CBDC could undermine the foundation of financial markets

The concept of Central Bank Digital Currency (CBDC) has been attracting interest across the globe with most central banks exploring and examining the CBDC. Globally the key trends of payment modernization include transformation of immediate interbank gross settlement and emphasis on faster retail payment system. Therefore many central banks foresee potential innovation in CBDC. What …

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 Cryptocurrencies

Cryptocurrency Exchanges: How do they Compete with each other?

Cryptocurrency Exchanges can vary in terms of features and services offered, with some offering more advanced features such as margin trading, derivatives and more. Additionally some offer services such as staking. Crypto Exchanges Cryptocurrencies can be exchanged through online platforms. Similar to stock markets. Crypto exchanges are online platforms allowing users to trade cryptocurrencies such …

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Privacy coins

Stablecoins: A reliable store of value amidst crypto market volatility

Over the last few years, Stablecoins have grown in popularity. Stablecoins play an important role in the crypto world. Stablecoins Stablecoin is a cryptocurrency that maintains price stability by pegging its monetary value to a given fiat currency often the US dollar. Unlike highly volatile cryptocurrencies the price of stablecoin is fixed and does not …

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Consensus Mechanism

Consensus Mechanism: Joining Forces for a Decentralized Future

In a decentralized system, no one has control over the system therefore security becomes the biggest challenge. However, consensus mechanism solves that problem by bringing an algorithm to approve transactions or records in a decentralized ledger where the fake or fraudulent records are rejected.  What is Consensus Mechanism? Consensus mechanism is a system that cryptocurrencies …

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Crypto mining

Cryptocurrency Mining: The Way to Engage in Crypto World    

 Cryptocurrency mining is a profitable opportunity for those willing to do the research and invest in right hardware. Miners get profitable returns for mining cryptocurrencies. Cryptocurrency: Cryptocurrencies are digital currencies that are exchanged and recorded on blockchains. It does not require central intermediaries (i.e. banks) for transactions. Blockchain is a decentralized technology spread across many …

Cryptocurrency Mining: The Way to Engage in Crypto World     Read More »

Non-fungible token

 Non-Fungible Tokens(NFTs): Buy, Sell & Discover Internet of Goods

NFT is the newest platform that can empower artists with the accessible and easiest safe tools.NFT allows new ways to manage and transfer digital materials such as artwork and music. Non-Fungible Tokens(NFT) NFT is a digital asset or token that is unique and not interchangeable with another digital token.NFT can be used to record ownership …

 Non-Fungible Tokens(NFTs): Buy, Sell & Discover Internet of Goods Read More »

DeFi

Decentralized Finance(DeFi): An Alternative to Financial Architecture

DeFi apps don’t require intermediaries like banks do as the code defines the resolution of each possible problem. Human error is removed from the transaction process as the smart contract handles it. What is DeFi? DeFi stands for decentralized finance. It refers to the decentralized financial services on blockchain. It provides all the services that …

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Blockchain

The Future Prospect of Using Blockchain Technology for Securing Digital Transactions

Blockchain Blockchain technology is a  distributed ledger used for recording transactions. Blockchain is decentralized and transparent. Blockchain maintains a list of records known as block. Each block contains a  hash of the previous block and transaction details. In Blockchain, transactions are recorded only once. No participants can change the transaction after it is been recorded …

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smart contract

How Smart Contracts Facilitate Trust, Transparency and Automation

Smart contracts are self-executing contracts. These contracts operate without the need for third-party and ensure complete transparency and trust. Introduction  “Smart Contract” was introduced by Nick Szabo. Smart Contracts are self-executing contracts that run on the blockchain and automatically execute when specific conditions are met. Smart contracts enable the development of decentralized applications (DApps), eliminating …

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Ethereum

Ethereum: The Next Generation Smart Contracts and Dapps Platform

Ethereum is an open-source public blockchain network. However, Ethereum network brings some key technology that makes it a powerful platform. It includes the introduction of smart contracts and other applications in a decentralized manner. What is Ethereum? Ethereum is a decentralized blockchain platform that allows peer-to-peer network that securely executes and verifies application code called …

Ethereum: The Next Generation Smart Contracts and Dapps Platform Read More »

Bitcoin

The Advent of One Coin changes the  way of making Transactions

The emergence of Bitcoin provided a ray of light to the decentralized digital currency. Bitcoin was the first cryptocurrency to be created and is currently the most valuable. What is Bitcoin? Bitcoin is a digital cryptocurrency that allows peer-to-peer transactions. It is decentralized form of currency which means people can make transactions without the involvement …

The Advent of One Coin changes the  way of making Transactions Read More »

Understanding Cryptocurrencies and how they work as a medium of exchange

Cryptocurrencies are digital currencies that are exchanged and recorded on blockchains. It does not require central intermediaries (i.e. banks) for transactions. Blockchain is a decentralized technology spread across many computers that record transactions. Cryptocurrencies: An Overview Cryptocurrencies have gone global in attempts to replace the current financial system. People look at cryptocurrencies from various perspectives. …

Understanding Cryptocurrencies and how they work as a medium of exchange Read More »

blockchain

Exploring Layers of Blockchain a Clear Understanding

A Blockchain is a distributed database that maintains a list of records called blocks. These records are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. A blockchain is a decentralized, distributed, and public digital ledger that is used to record transactions across many computers so …

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Hard fork

Bitcoin’s Hard Forks building a literal interpretation of Bitcoin

A hard fork is a process of making changes to the protocol by making the changes it makes the previously invalid blocks valid. Forks can be defined as soft forks and hard forks. Soft forks is a change where only previously valid blocks are made invalid wherein hard forks every node needs to upgrade before …

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