You never change things by fighting the existing reality; to change something, build a new model that makes the existing model obsolete. Buckminster Fuller, 20th-century architect and theorist Blockchain tech allows business transactions to be secure in a world where everything from your Facebook profile to your entire business model can be hacked. But it’s the unseen fraud and tactics that go unnoticed which companies and security experts need to worry about as well. Too Costly and Burdensome For those who still receive the Sunday newspaper, there is still the excitement of all those coupons you get to clip for upcomingPowered by WPeMatico
As cryptocurrency works its way toward mass adoption, one of its biggest obstacles is volatility. Markets change overnight, and we’re so desensitized to it that we don’t even blink at dips that would bring national economies to their knees. Stablecoins – cryptocurrencies that are tied to existing currencies or commodities like the US dollar or gold – are fungible, easily traded assets that bring us one step closer to mass adoption. While promises of $1 = 1 coin make stablecoins appear simple, stablecoin projects rely on complex algorithms to do the following: Keep the currency’s value from inflating, (e.g., increasing over a dollar) Keep the currency’s
With digital currency gaining in popularity worldwide, additional mining operations and farms have started to appear despite looming bans on the practice. Understanding The Ban While many see bans on crypto mining as a hindrance to entrepreneurship and the crypto space, in actuality, it’s an effort to protect and enhance cities, states, and countries’ natural, historic, cultural, and electrical resources. Back in March, a moratorium was enacted in Plattsburgh, New York, the first major U.S. city to pause any and all mining operations due to an operation that had nearly drained the city of its electrical resources, at the expense of the residents who
When it comes to Bitcoin, the main barrier to mainstream use is the volatile price. Microsoft started accepting Bitcoin, then stopped, and then welcomed it back. Bitcoin, which was intended to solve the currency inflation problem, has rather turned into a means of storing value. It’s too precious and too unpredictable for real-world usage. The crypto community has tried to address this problem with stablecoins. Recently, GV (formerly Google Ventures), Bain Capital Ventures, Lightspeed Venture Partners, Andreessen Horowitz, and Sky Capital invested $133 million in Basis, a startup that created a cryptocurrency with a stable, predictable value. Basis tackles the volatility problem by creating more
It’s a force to be reckoned with, and it’s taking the technology space by storm. Blockchain is here to stay, and you’re either on board or you’re already letting the competition jump ahead. Companies like Ask.fm, Salesforce, Starbucks, and Kodak are turning their tech teams towards blockchain, acknowledging the potential impact of the technology across various industries. Appealing To A ‘Tech-Savvy’ Demographic By creating a self-sustaining ecosystem through the utilization of smart contracts, tokens, and other incentives, these brands are able to capitalize on a new market that appeals to a different demographic—those who are extremely tech-savvy and much younger. By providing
Ethereum price continued on rising today to score a day high of $830 earlier today. The price of ether has been recording higher day highs for four successive days now. Moreover, the closing day price has been rising since last Wednesday. The bulls’ control over the market is growing stronger as the price of ether is heading steadily towards a significant resistance level near $850. The rise in ethereum price is mirroring bitcoin’s soaring price which is approaching the $10,000 price mark. Can we see the resistance around $849.08 breached before the end of the current week? 4 successive
If you’re a gamer, you know the feeling of spending countless hours trying to boost your player’s level, rank, weapon arsenal, and fashion attire. With video games like Call of Duty, Grand Theft Auto, and World of Warcraft, players are able to either earn in-game points or purchase downloadable content (DLC) through their video game console’s online store (Microsoft or Sony) to enhance their gaming experience. But in the gaming world, all players are not created equal. In multi-player gaming, some gamers have better in-game experiences than others on their team or opposite them, because of the DLC available. You