Blockchain technology, cryptocurrencies, and digital assets are all of great interest to a lot of companies. One of those ventures goes by the name of ICONOMI, and it aims to become the “connection to the distributed economy”. Moreover, this new Digital Assets Management Platform is an intriguing technical service suited for novice investors, veteran traders, and blockchain experts alike. The Reason Why ICONOMI Exists In this day and age, consumers all over the world want to be exposed to digital assets of all kinds. This includes cryptocurrencies and other forms of money issued on top of blockchains. In an effort to bridgePowered by WPeMatico
Banks all over the world have shown increasing interest in cryptocurrencies as of late. Rabobank in the Netherlands is probably the most open-minded institution in this regard. Its Rabobit service will be of great interest to a lot of cryptocurrency users in the future. A Closer Look at the Rabobit Service As the name Rabobit somewhat suggests, Rabobank has officially entered the cryptocurrency world. Although most people knew the bank was experimenting with this new form of money, it largely remained unclear what its long-term vision entailed exactly. It seems we now have an answer, as the Dutch financial institution wants to let
Ripple has quickly become one of the more intriguing projects in the world of digital currencies. Although the project is not even remotely similar to cryptocurrency, a lot of people see the value in what the company aims to provide. As such, it was only a matter of time until copycat currencies tried to capitalize on the Ripple name. RippleByte appears to be the first major currency to do so, although it is not exactly something most people will care about. Is RippleByte a Decentralized Ripple? Anyone who has paid attention to Ripple and its XRP asset will notice that its infrastructure is
Cryptocurrency represents an environment that is constantly growing and changing. As this ecosystem evolves and becomes increasingly complex, so does the jargon used most frequently in conversation. Acronyms play a large role in cryptocurrency dialogue, and without knowledge of the terms they refer to, it can be difficult to follow the information being shared. Here are ten of the most popular cryptocurrency acronyms that everyone should have knowledge of. 10. OTC “Over the counter” refers to a method of trading that bypasses an exchange service. With OTC trading, buyers and sellers instead agree upon an exchange rate for a set amount
Even with the crypto revolution gaining more and more momentum by the day, there still seems to be a tangible knowledge gap within this sphere. For example, many people are still not clear as to what the blockchain and crypto assets really are. Life was quite simple when Bitcoin stood as the lone blockchain, because it allowed the words cryptocurrency and blockchain to be used interchangeably. However, with the maturing of the crypto ecosystem, a large number of blockchains have flourished and become entities unto themselves. A lot of confusion has ensued, since the term blockchain is now also used within contexts
Cryptocurrency mining has always been an interesting endeavor, despite its expensive requirements. It seems the MoonLite Project aims to bring more positive attention to this industry. Whether or not they will be successful remains to be seen, as organizing an ICO for such a venture is a bit questionable. The MoonLite Project in a Nutshell On paper, the MoonLite Project is certainly intriguing. The team is focusing on bringing more mining support to various cryptocurrencies. More specifically, the group wants to set up mining data centers for Bitcoin, Dash, Litecoin, and Ethereum. All of these currencies can benefit from more mining support to
Even though Bitcoin will remain the world’s leading cryptocurrency for some time to come, there are a lot of competitors to take note of. Zcoin is one of the altcoins bringing more privacy to the cryptocurrency ecosystem as a whole. Its private financial transactions are enabled by the Zerocoin Protocol. What is ZCoin Exactly? On the surface, Zcoin attempts to solve Bitcoin’s privacy problem. Even though a lot of people think Bitcoin is anonymous, that is not the case whatsoever. More specifically, there is no anonymity or privacy involved with Bitcoin, but it remains to be seen if Zcoin can do a better
Combining the best of cryptocurrency, blockchain, and commerce has not been done on a large scale so far. Request Network is one of the projects designed to do so, although building a decentralized network for payment requests will not be easy. Now is a good time to see what this project is all about. The Request Network’s Mission It is evident there is an interesting opportunity ahead for blockchain companies looking at the e-commerce sector. Request Network is a decentralized network built on top of Ethereum which focuses on letting anyone request payments. There are no third parties involved, the
Since the mid-2000’s, the sex industry has turned into one of the most profitable markets in the world. To put things into perspective, the porn industry currently rakes in a staggering US$97 billion annually, which is more money than the MLB, NBA, and NFL combined. Also, with the advent of the blockchain, the sex industry is now experiencing a makeover with many content creators now favoring a decentralized business model to distribute their videos, films, pictures, etc. Problems faced by the adult industry With there being so much free pornography available on the internet today, it is very difficult for many
The energy industry is prone to disruption in many ways. Contrary to what most people think, the entire renewable energy market is still somewhat centralized. Power Ledger aims to change that by providing the world’s leading peer-to-peer marketplace for renewable energy. It’s an ambitious goal, but can it be realized? The Purpose of Power Ledger Combining blockchain technology with renewable energy will undoubtedly lead to some intriguing developments over the years. Building a platform where this energy can be traded freely without any friction is a different matter altogether. Power Ledger wants to remove intermediaries from the equation, as they are