The Reality of Petro in Venezuela

When President Nicholas Maduro announced the launch of ‘Petro’, a new cryptocurrency in December 2017, Venezuelans and crypto fans, alike, rejoiced. According to the government, the coin was meant to supplement the Bolivar as well as help the nation overcome sanctions imposed both by the US and the EU. Further, details emerged that the coin... Continue Reading →

How do Smart Contracts Work?

What is a Smart Contract? A smart contract can be described as a protocol based on a computer code that is intended to digitally facilitate, verify and/or enforce the negotiation or performance of a contract on the parties to the transaction. Transactions that take place via smart contracts are trackable, irreversible and enforceable without the... Continue Reading →

Everything you need to know about Stellar Lumens

Problems with the SWIFT Network It is estimated that international transactions between financial institutions amount to billions of dollars annually. These massive inter-bank transactions often represent the bedrock on which the entire financial system and the economy are built, and primarily take place on the SWIFT network. Now while the SWIFT network is deemed efficient... Continue Reading →

How to find out if a Company is just Leveraging the Blockchain Hype?

Since the bitcoin boom, cryptocurrencies have taken the world by storm. Soaring valuations, increasing trading volumes and widespread news has caused an unprecedented level of investment and speculation alike in the crypto space. However, despite the numerous potential attributes of the blockchain protocol, many cryptocurrencies and blockchain based companies have become synonymous with fraud in... Continue Reading →

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