Bringing digital currency to reality has been a dream for a long time. Bringing it into life was not an easy task as there were problems like double spending, security and many more. Many people were worked on various projects to bring the concept of the digital currency into this world but none worked as they had major flaws. Our top cryptocurrencies by market cap existed only as an idea but never executed. This all changed in 2008 when Satoshi Nakamoto worked on an idea of digital currency, known as cryptocurrency. He harnessed the power of blockchain technology to create a new financia ..read more

Cryptocurrency in general, and Bitcoin in particular, is a hot topic in any investment circles. You can’t escape it slowly but surely seeps out into pop-culture, cropping up in regular conversation. Despite its meteoric rise to fame from relative obscurity, Bitcoin remains a somewhat elusive entity for most people. Sure, everyone’s heard of it, but very few actually know what it is and how it works. We’ll try to shed some light on the topic and, hopefully, give you an idea of what’s to come. The Basics. What is Bitcoin? In short – it’s a decentralized digital currency. That means no governmen ..read more

If you’ve been paying attention to the business world in the last couple of years, this will not come as a surprise. The idea of hopping on the shiniest new bandwagon is not a exactly a fresh one – there have always been those who are keen to seize every new opportunity that comes their way without any regard for the consequences. And while the fortune does indeed favour the bold, catering to its every whim might not be the clearest path to success. The temptation is always there, but I would argue that it has rarely been as evident as it is now. In the rapidly evolving digital landscape new i ..read more

The Bill and Melinda Gates Foundation are introducing an open-source software to facilitate the creation of payment platforms for developing economies. Designed to ensure interoperability between various financial services and established payment platforms. This is not the first foray into the Blockchain technology for the foundation, as they have been researching it at least since 2015. Their Level One Project aims to integrate the poor people around the world into the larger economies by making digital finance more accessible around the globe. The latest initiative is called Mojaloop, and, a ..read more

Zug, a Swiss city known in crypto space for welcoming quite a few startups, has plans for its residents to test out an Ethereum-based identity service. A mobile app, developed by uPort, will allow the residents of the city to connect their identities to a cryptographic address on the Ethereum blockchain. The developer of the application has close ties to the minds behind the Ethereum itself – ConsenSys. All of the personal information will be preserved on the Ethereum blockchain. The application in question is meant to incorporate a selection of municipal services and allow the residents to pa ..read more

One of the best known stories in the crypto-community is that of the Ethereum split. Faced with a very difficult decision, Ethereum enthusiasts had to make a choice which resulted in a ‘house divided’, and Ethereum Classic was born. But what are the differences, and which variant of the currency is better? Let’s get back to the roots. The original fork that separated Ethereum Classic from Ethereum proper was the consequence of a massive hack. It all started with the DAO (Distributed Anonymous Organisation) – a capital venture of a kind that gave ether-holders an opportunity to purchase DAO tok ..read more

According to the country’s Ministry of Finance, the biggest cryptocurrency will not be legitimized in Kuwait. This means that bitcoin trading of all sorts is forbidden for the financial institutions regulated by said ministry. Any international proceeds will be viewed as illegal and highly suspect by the government, which puts a lot of the investors in the region into a rather precarious position. However, the situation is not as clear as it the Kuwait’s officials would like the public to believe. Their official stance is far from the open-minded approach of the neighboring Bahrain, but they l ..read more