Blockchain technology is a type of distributed ledger that consists of blocks of information that are linked together in an encrypted chain of transactions. It allows for a highly secure form of surveillance and also has the potential to power brand new applications, platforms, and business models entirely.
The Canadian company MX Gold Corp has been changing their business model to cryptocurrency mining for several months. As an alternative to gold mining in the past, since January of this year, they have now been mining twelve additional Bitcoin in a project. However, that was obviously only the beginning....
In a recent report, the Central Bank of India(known as RBI) has proposed to issue its own Cryptocurrency. The announcement was made during Monetary Policy Committee meeting on Thursday wherein RBI showed interest in launching its digital currency which can be used as a physical currency. In the view...
The Financial Conduct Authority (FCA), the regulatory body of the UK, declared on April 6 that the products derived from cryptocurrencies might be regulated in the country as a part of the market for financial instruments II. As a consequence of this declaration, the businesses that carry out activities with...
What is an Airdrop? The term shouldn’t be confused with the army definition . In the world of cryptocurrencies, an airdrop has a unique meaning. An Airdrop is a process in which developers of a project (often ICOs) give their very own token to crypto users. Airdrops could be seen...
The Financial Services Agency of Japan temporarily suspended the trading activities of 2 cryptocurrency exchanges. It also sent a notice to another cryptocurrency exchange. Ever since the hack of $ 534 million from a Japanese cryptocurrency exchange, the regulators in Japan have become much more alert to the risks revolving around...
The Bank of Japan is in favor of utilizing cryptocurrencies. The social factor shouldn’t be underestimated. Low-cost transactions are possible that can make people’s lives extra comfortable. Nevertheless, the state must implement regulations, in order that the positive aspects permanently exceed. At the end of March, the Bank...
