When it comes to crypto and blockchain firms, potential users will often come across two very significant terms, namely, “Airdrop” and “Bounty”. Airdrops and bounties are growth tactics used by firms (specifically by crypto and blockchain firms, pre and post-ICOs) to tap into community-generated traction. Traditionally, the word “Airdrop” corresponds to actual airdrops that were... Continue Reading →
When humans first started settling and storing grain, the aspect of exchanging value became a prominent feature between societies, empires and civilizations. The first means of exchange happened through the barter system, where people exchanged commodities for commodities. Over time, however, it was apparent that exchanging commodities in large quantities was cumbersome and dangerous. Money... Continue Reading →
The History and Functions of Banking The history of banking can be traced back to early civilizations, particularly after human beings transitioned from operating in isolated hunter-gatherer communities, to larger agricultural societies sometime after 12,000 BC. Before currencies were created, merchants and traders largely dealt in food grains and food cattle. This system is called... Continue Reading →
Nasdaq, the world’s second-largest stock exchange, has partnered with CryptoCompate, a cryptocurrency data provider, to release a cryptocurrency pricing product targeted at institutional investors. Jointly, they have worked on a product titled, “Nasdaq/CryptoCompare Aggregate Crypto Reference Prices,” which will be made available on the NASDAQ-owned platform, Qandl. Qandl reportedly provides financial and economic alternative datasets... Continue Reading →
U.S. retail giant, Target, has low-key been working on a blockchain-powered solution for supply chain management. It recently open-sourced the project as a blockchain solution for suppliers certification, dubbed ConsenSource, according to the company’s blog. It has also offered its support to the Hyperledger Grid project along with Intel and Bitwise IO. Vice president of... Continue Reading →
The European Union's trading bloc announced on June 6, that it is increasing the amount of data that can be reused as raw materials for artificial intelligence and blockchain projects. The relaxed rules will “boost the EU data economy, contribute to the development of a data-based society and stimulate growth”, officials hope. Statistics, company ownership... Continue Reading →
The Internet of Things IoT stands for “The Internet of Things” and entails everything that is connected to the internet, but more broadly, it also signifies the communication between devices or machine-to-machine interaction. Early Iterations Ever since the industrial revolution, humans have largely reduced dependencies on labor-intensive modes of production by the use of machines... Continue Reading →
Justin Sun, the CEO of TRON, is set to pay $4.5 million for the "right to dine" with Berkshire and Hathaway CEO and founder, Warren Buffett as part of Buffet's 20th 'power lunch'. The lunch is part of the 'Oracle of Omaha's' yearly auction for the glide foundation. The event was conveyed by Sun in... Continue Reading →
The team behind Samourai Wallet, a privacy-centric Bitcoin app, has received its first round of venture funding. Keonne Rodriguez and William Hill, founders of Samourai Wallet and former developers at Blockchain.info, along with the wallet’s maintainer, Katana Cryptographic, received $100,000 in investment from Cyberpunk Holdings. The app was build for Android users and was specifically... Continue Reading →
South Korea's oldest commercial bank, Shinhan Bank, has launched a blockchain-based lending platform for easing up the process of facilitating loans. The bank - according to the news agency, Yonhap's May 27 report - has introduced blockchain technology in its lending program for the purposes of verifying the necessary documents of its applicants, as part... Continue Reading →
TaoTao, the Japanese cryptocurrency exchange, of which 40% is owned by Yahoo! Japan's YJFX, is set to launch its trading services on May 30. The announcement was made on Monday, via the company's official Twitter account. Taotao will initially offer transactions in Bitcoin (BTC) and Ethereum (ETH). The company will also offer margin trading in... Continue Reading →
With personal privacy being one of the hottest topics of discussion in the latter half of the last decade, it’s easy to forget just how relatively new this concept really is. The fact that many privacy-related laws in most countries were written before social media websites were even a staple in our everyday lives, is... Continue Reading →
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