20
Jun

Best Ways to Keep Your Cryptocurrencies Safe from Hackers

Due to their increasing values, cryptocurrencies have earned a reputation of being susceptible to hackers and scammers. With the increasing number of cryptocurrency wallet hack (about 27 percent of crypto theft in 2018 was through crypto wallet hack), most people moved to save their digital assets in cryptocurrency exchanges. However, news around cryptocurrency exchanges getting...
Read More
11
Jun

ICO/IEO/STO – A Quick Guide for Someone New To Blockchain Space

In recent years, the cryptocurrency industry has witnessed drastic changes that paved ways for the development of new methods of supporting new Blockchain projects. Some of these newly developed methods include ICO (Initial Coin Offering), IEO (Initial Exchange Offering), and STO (Security Token Offering). Blockchain projects ICO, STO, and IEO are gaining more traction in...
Read More
8
Jun

Delegated Proof of Stake (DPoS) – How does it work?

The Delegated Proof of Stake (DPoS) system is also a consensus algorithm similar to the preceding PoS system but is considered to be a more democratic and efficient version. Both the PoS and DPoS consensus algorithms are used as better alternatives to the Proof of Work (PoW) mechanism. The PoW mechanism, by design, requires a...
Read More
8
Jun

Proof of Stake (PoS) and How does it work?

As the inefficiency of proof of work (PoW) system is gradually becoming an issue in the cryptocurrency space nowadays, the proof of stake system is gradually attracting lots of attention. A major reason for this is that Proof of Stake holds more benefits in the cryptocurrency mining community than the PoW system. In fact, the...
Read More
22
May

Cryptocurrencies for Financial Inclusion, a paradigm shift?

Throughout history, methods of sharing and access to information have undergone many changes. The Internet has managed to open access to all, everywhere, to virtually all the information available in the world. Internet is human knowledge just a click away. More recently, blockchains have appeared in the innovation landscape. Yet from a technological point of...
Read More
20
May

How Asset tokenization on Blockchain can address Liquidity Issue

With the development of blockchain technology, there are promises to change many old technological and financial paradigms due to its unique, transparent, immutable, and distributed structure. These advantages can be classified into a few big categories. Tokenization is one of these; the blockchain is in a position to inject liquidity into preceding illiquid and otherwise...
Read More
11
May

Regulation in Blockchain and Crypto World

As Blockchain and cryptocurrency become more widely used technologies, there is much discussion worldwide about regulations within this technology.  When discussing regulation, blockchain and cryptocurrency go together, as they are inextricably linked.   Yet as the technologies develop and change, which they do regularly, they become harder to regulate.  At this point, no two countries have...
Read More
11
May

Smart Contracts and how they are bringing a legal change

Smart contracts, in the world of cryptocurrency, are the most used applications in blockchain technology.  Nick Szabo introduced the concept of a smart contract almost 25 years ago, and he concluded that all decentralized ledgers could become self-executable contracts, also known as a Smart contract.  Decentralized ledgers are a unique feature of blockchain, meaning that...
Read More