Just days after the significant drop in the Bitcoin hash rate, several monitoring sources confirm that the hash rate shows signs of recovery. Data from monitoring source ‘Blockchain’ estimate that on 26 Sept hash rate reached a new all-time high of 108 quintillion hashes/sec. This year, the hash rate in...
Many expect BTC is currently forming a descending triangle pattern and approaching near the apex of the breakout. Interestingly, around the same time, Bakkt will launch its Daily/Monthly Bitcoin futures contract on 23rd Sept. Today we are told to believe that interest among institutional investors is high for Bitcoin and...
Mobile as a gaming platform has dominated the gaming industry. Nearly 50% of mobile app users play games. It is expected that by 2021, mobile games revenue will grow to 100 billion dollars. Today mobile game developers pay a commission of 30% for any lead from the app store (paid...
Introduction to distributed network: A distributed ledger is a type of database that is shared, replicated, and synchronized among the members of a decentralized network. The distributed ledger records the transactions, such as the exchange of assets or data. Participants in the network govern and agree by consensus on the...
Cryptocurrency exchanges typically employ a business model of making a percentage fee on each buy or sell order. The fees which is paid in crypto or fiat is deducted before each trade is executed. Transaction Mining cryptocurrency exchanges flips this business model on its head. They too collect buyer and...
Currently, the global economy is undergoing the largest technological transformation in history, and new ‘‘disruptive innovation’’ is transforming economic activity by creating simplicity and accessibility. According to ARK’s research following technology breakthroughs will advance significantly over the coming year. The top 3 “Big Ideas” for 2019 are (1) Deep Learning...
Security token has been attracting a wealth of coverage in recent months. Traditional paper-backed assets such as a company’s shares or bonds suffer from poor liquidity, a lack of transparency, and are subject to a complex manual process when distributing profits or dividends. [inlinetweet]It is expected that within 5 years,...
Security Token Offering has lately been mentioned in many forums. Last year in Q4, former JP Morgan CEO of Digital Assets predicted that STOs will gain serious traction in 2019. So, what is a Security Token? Security Token Regulations Have Been In Place For 85 Years: Much of the security...
How centralized banking system looks? Let’s understand this complex traditional banking system by breaking it down layer-by-layer. Layer 1. Say Bob wants to pay Sasha 10$. Both hold an account with the same bank ‘Deutsche bank’. Since no money is leaving or entering the bank, they just have to update...
World Wildlife Fund – Australia (WWF) announced today the launching of a blockchain-based application that allows anyone to track the food origins. A growing number of consumers want to know more about where the ingredients for their food come from. By using the tool – OpenSC, consumers can know exactly...
