Bitcoin is an Experiment About “The Payday” Not its Potential as Money

Bitcoin is an Experiment About “The Payday” Not its Potential as Money

Bitcoin is an Experiment About “The Payday” Not its Potential as Money $BTCUSD, $IBM Cryptocurrencies are not a store-of-value or a safe-haven for anyone’s money or assets.  In the beginning, Bitcoin was something of a revolution to me. The digital currency represented everything from my rebellious youth. It was a decentralized, denationalized, and digital currency […]

SEC Set to Crackdown on Digital Currency Operators

SEC Set to Crackdown on Digital Currency Operators

SEC Set to Crackdown on Digital Currency Operators $ETHUSD, $BTCUSD Tuesday, Wall Street’s main regulator said that ICO’s (initial coin offerings), a means of crowdfunding for blockchain technology companies, should be subject to the same safeguards required in traditional securities sales. ICOs have become a bonanza for digital currency entrepreneurs, allowing them to raise millions […]

Dubai Blockchain Project

Dubai Blockchain Project

Dubai Blockchain Project Dubai leads the way. A seminar on the use of Blockchain has confirmed that Dubai is moving rapidly to achieve its goal of becoming the first government in the world to adopt the technology by 2020. During the seminar, organised by the Chief Information Officers Majlis, Dan Frankel, Blockchain Technology Consultant at […]

Crypto Coin Market is a ‘Time-Bomb’ that is Ticking

Crypto Coin Market is a ‘Time-Bomb’ that is Ticking

Crypto Coin Market is a ‘Time-Bomb’ that is Ticking Entrepreneurs issuing dispensable digital coins to cash in on the hype of Crypto currency are fanning a blockchain assets bubble. Firms have raised $1.3-B this year in digital coin sales, surpassing venture capital funding of blockchain companies and up more than 6X from the total raised […]

A Gold-backed Crypto Currency the Way to Introduce a New World Gold Standard.

A Gold-backed Crypto Currency the Way to Introduce a New World Gold Standard.

A Gold-backed Crypto Currency the Way to Introduce a New World Gold Standard. $GLD, $ABX, $SLW, $EXCFF You may recall that in December 2016 the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and the World Gold Council (WGC) announced a new “Shari’ah Standard on Gold.” The new Gold standard was celebrated as a […]

World-renowned blockchain experts will come to Moscow

World-renowned blockchain  experts will come to Moscow

World-renowned blockchain  experts will come to Moscow   On April 19, the most well-known global specialists in the sphere of blockchain technologies will come to Moscow. Together with Russian bankers and entrepreneurs they will discuss Russian and foreign blockchain projects in financial and non-financial spheres. The meeting will be driven by the annual Blockchain & […]

Dubai to Use Blockchain Technology for All Government Documents

Dubai to Use Blockchain Technology for All Government Documents

Dubai to Use Blockchain Technology for All Government Documents The Dubai government is seeking to position the emirate as a leader in blockchain technology Dubai has announced plans to use blockchain, the database technology behind crypto currency Bitcoin, for all government documents by Y2020. Dubai Media Office said in a tweet the strategy was launched […]

Bitcoin ‘Mining” Outlook Uncertain

Bitcoin ‘Mining” Outlook Uncertain

Bitcoin ‘Mining” Outlook Uncertain Simpley put, all Bitcoin transactions are recorded on a blockchain, a public, decentralized, permissionless ledger. The transactions are recorded in bundles, called “blocks,” by “miners” who receive a small reward in kind for mining. The process creates new Bitcoins. Miners currently earn 25 Bitcoins per block that is 16.175. The beginning […]