During the 2019 bull run, the need to expand the investment portfolio has also brought focus to lending projects making decentralized finance (DeFi) projects crowd favorite.
Insights
Mastercard appears to be building a cryptocurrency wallet. As per the companies job portal, they seek to hire the following three roles. – Director, Product Management – Crypto Currency/ Wallets – Link– Director, Product Development & Innovation – Blockchain Solutions Architect – Link– VP, Product Management – Blockchain/Crypto – Link...
People wrongly assume that the blockchain technology’s only application is cryptocurrencies. As many industries have discovered over the last 2-3 years, blockchain technology has disruptive qualities in a variety of sectors. One of these sectors happens to be crowdfunding platform. This sector has grown exponentially over the past decade with...
By 2020 Facebook is planning to integrate blockchain and cryptocurrency ‘Libra’ into its messaging application Messenger and WhatsApp. Set to become a new global monetary system, this new financial infrastructure will rely on the BFT-consensus algorithm to facilitate agreement among all validator nodes on the order and execution of the...
Digital wallets are scaling quickly than traditional banks. It is believed that digital wallets could upend traditional banks within 5 to 7 years. Traditional banks reliance on physical infrastructure which builds customer acquisition costs to $350-$1,500 per person. In comparison, digital wallets can acquire customers at just $20 per person,...
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...
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...
Bitcoin in 2018 witnessed a major sell-off. After an unprecedented boom in 2017, the price of Bitcoin fell by about 90 percent. The cryptocurrencies market capitalization lost at least $342 billion in the first quarter of 2018 alone. Since then, many called the bubble has burst and there is no...
Altcoins have started to record large gains against Bitcoin. Strong momentum of altcoins like Enjin, Raden Network has prevented Bitcoin bulls from surrendering to bears and maintained price action above $3700 support levels. While Bitcoin has avoided a near-term drop to $3,500, it also was unable to break out from...
Transactions volumes (last 7 days) in dApps continue to grow. Among the top dApp platforms, EOS gained growth by double digits i.e. 21% whereas volumes in other platforms such as Tron increased by 8% and in ETH, nearly by 2%. Most of these transaction volume come from gambling based dApps...