Digital tokens are not something new in the world of technology. In fact, NFT began to attract the attention of the whole world only after the digital artist Biple sold his works at Christie’s auction in March 2021. Such popular names as the head of Twitter, Jack Dorsey and Elon Musk, also expressed their opinion … Read more
Organizations have several options for choosing the type of crypto token. The token economy they choose affects the probability of success for the organization. Tokens are the fuel of a decentralized economy. The use of tokens, and technologies such as blockchain, can significantly reduce the cost of safe and reliable token exchange. The potential for … Read more
Many users, visiting such resources as Binance, Kucoin , BitTeam, WallBTC, Coinbase and others to purchase a BTC or other coin, do not even think about what mining is. And this is a program in which a machine performs calculations to get some cryptocurrency. This is one of the ways in which new Bitcoins get … Read more
The Helium blockchain is the host for the Helium Network, which in turn supports a decentralized connection-oriented network known as The People’s Network. As a decentralized machine network, The People’s Network allows anyone to connect to the network using physical Helium Hotspot devices. This is a revolutionary solution: the cost of connecting to The People’s … Read more
Unlike what many people think, euros, dollars, rubles or yen are money whose life span is very limited. In fact, they are all a type of money known as a “fiat” or fiduciary, officially born in 1971, which is not backed by gold or anything else. It’s just paper or numbers on a computer. In … Read more
Companies and individuals often store large amounts of data in centralized objects. Large corporations such as Amazon, One Drive and DropBox offer data storage services as an alternative to storing data on local hardware or servers. Although these services are often useful, their use has a number of disadvantages. The data stored in a centralized … Read more
Masternodes are important participants in cryptocurrency networks. Not all cryptocurrency networks use masternodes, and not all masternodes work the same way. In 2014, the Dash cryptocurrency project was the first to implement the role of a masternode using the Proof-of-Service system, along with the widely used Proof-of-Work (PoW) mining. Masternodes perform additional functions and responsibilities … Read more
OVR is an open source global augmented reality (AR) platform that creates a decentralized infrastructure for an Ethereum-based spatial network. Combining the physical and virtual worlds, OVR provides all the tools necessary for the decentralized creation of an immersive interactive experience and virtual reality. With technology compatible with mobile devices and smart glasses, OVR offers … Read more
Perhaps you already know all this, and are a veteran in the field of cryptocurrency. Or maybe you are completely new to cryptocurrency, but you can’t wait to learn and understand more. Well, then let’s talk about what is a cryptocurrency? Cryptocurrency is a digital asset. But what does this mean? First of all, cryptocurrencies … Read more
At the dawn of cryptocurrencies, it was extremely difficult to make transactions between different types of crypto assets or between fiat currencies (for example, US dollars, euros, Japanese yen) and cryptocurrencies. Legitimate and trustworthy cryptocurrency exchange companies were in short supply, and decentralized exchanges supported by decentralized finance (DeFi) had not yet been created. Both … Read more
Josh Pullan, managing director of Sotheby’s, said that there are few such diamonds put up for auction, which makes it really special. The sale, titled “The Key 10138”, is for a 101.38-carat diamond that has been classified by the Gemological Institute of America (GIA) like color D, flawless and type IIa. Throughout history, there are … Read more
The initial reaction of major financial institutions to blockchain and cryptocurrencies was, how should I put it mildly, less than enthusiastic. However, today, ten years later, some of them consider blockchain an integral part of their infrastructure. Banks understand that the adoption of digital currencies is only one step towards securing their place in the … Read more
Back in 2009, the original Bitcoin blockchain was launched. It was born due to the shortcomings of traditional financial markets and fiat currencies. Together with its launch, a new technology was born, which will be adopted by thousands of enterprises and millions of people around the world. Blockchain, a type of distributed ledger technology (DLT), … Read more
It is obvious that cryptocurrencies are not only not going to disappear, but also are a method of financial infrastructural influence, which is at the forefront of the development of the entire global financial system. This is demonstrated by its consumption of several trillion dollars, and the influence of some of the world’s most important … Read more
BNY Mellon, one of the most famous financial institutions in the world, which represents a traditional Wall Street institution, became the first bank in the world to allow its customers to store, transfer and issue digital currencies. Although this decision was not without internal opposition, it marks a milestone in the development of cryptocurrency, since … Read more