Last week, trading volumes and prices of cryptocurrencies were not the only ones to see an upward movement. dApps in the last 7 days experienced a growth of 27% in transaction volume. Most of the gains in the last 7 days were observed in EOS based dApps, a rise of 37%...
Starting this April purchases using Visa and Mastercard may get costlier (Source: Reuters). Change in fee structure will largely affect merchant banks (like Citigroup, JPMorgan etc) who maintain accounts for U.S. retailers. However, it is up to these merchant banks if they want to absorb it themselves or pass on...
2018 was the first momentum year for dApps usage. At the beginning of 2018, DEX was the key contributor in the dApp market by transaction volume. Cryptocurrency in high demand proved decentralized exchange as one successful use case for dApps. However, in the latter part of 2018, Gambling apps dominated...
In the centralized traditional banking system, transferring money is time-consuming, requires intermediaries which takes a service fee and subject to heavy regulation for the prevention of fraud. Bitcoin removes middlemen while increasing security and many hope one day Bitcoin fits in our existing financial system. It can process transactions in...
Currently, ETH has 50 Million+ registered wallets, followed by Tron and EOS which have approx 1 Million+ each registered wallets. Most of these ETH wallets are for the store of value. Very few users proportionally have experienced the dApps built in these platforms. Today total 2000 dApps exist which has...
Before iPhone and Android came, IBM’s Simon introduced the first ever smartphone. Launched in 1994 which had 10 inbuilt apps like Address Book, Calculator, Calendar, Mail, Note Pad, and Sketch Pad. Back then, apps were known as ‘feature’. We will circle back on this at the end and compare it with dApp...
Bitcoin and Cryptocurrency Trends Seen In Enthusiastic :The following study highlights Bitcoin and cryptocurrency trends/patterns observed on the internet searches i.e. what enthusiastic search most’. You might remember comparing Bitcoin prices with searches on Google. The research uses the same fundamental but expands its reach to other crypto related search...
Multinational professional services organization Deloitte released a report in 2018 titled “Breaking Blockchain Open”. The report shares insight into what organizations’ blockchain-savvy executives think about blockchain technology. Important note: (1) This is just a view from 1,000+ blockchain-savvy executives. (2) Countries from where this data was polled were – China,...
Last year alone a combined 12 Bitcoin ETFs were submitted to the SEC, of which 11 were rejected. The proposals which got rejected proposed launching a Bitcoin ETF either using cryptocurrency exchanges to calculate the base price of the asset or relying on the Bitcoin futures market price. The rejection,...
