Tag Archive: blockchain

Making Travel Seamless with Digital Identity – An Article

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As we dive headfirst into a new digital era, it’s becoming increasingly important that we each take extra measures to protect our online identities. Today, so much of our lives — communication, entertainment, travel — rely on digital technology, and using that tech often requires us to provide data about ourselves. While this is typically a necessary exchange for access, with more traditional technologies, people become subject to identity theft and this creates barriers for both them and the service providers to offer the most seamless experience. After all, the way we authenticate today is based on information “challenges,” and…

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How Long Does It Take To Mine Bitcoin? An Article

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Bitcoin network has grown in popularity over the last few years, as demonstrated by its daily use. The number of Bitcoin ATMs has also increased globally from 1 in 2013, to 500 in January 2016, to a whopping 5,042 in July 2019. This shows that there is growing demand and interest in Bitcoin as an asset and even cryptocurrencies as a general asset class. But how exactly does Bitcoin work?  Bitcoin is underpinned by blockchain technology, a cryptographic digital data structure. Basically, whenever anyone sends or receives Bitcoin, the transaction is recorded in blocks which are linked together in a chain.  MINING BITCOIN WHAT…

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BASICS: CRYPTOCURRENCY

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The different terms thrown around the cryptocurrency world have drummed up a lot of confusion. What’s the difference between a crypto coin and a crypto token? What is an altcoin and why are they referred to as cryptocurrencies? In many ways, the cryptocurrency industry is still in its infancy, and that’s led to terminology developing and taking hold as the sector evolves. This can still be intimidating for some people interested in the market who are left feeling like they can’t even understand the terms. Don’t worry, we’ll clear up the confusion and explain the key nuances behind these virtual…

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Apple Gearing Up For Cryptocurrency Apps With Cryptokit – An Article

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Crypto apps have multiplied so much in recent years that there are now thousands of apps available to solve different problems using blockchain technology. Theoretically, these apps should be better than the legacy systems because blockchain technology is faster, more efficient, private and secure. However, as a lot of apps are still in development and testing phases, their effectiveness hasn’t been thoroughly proven. This hasn’t stopped the blockchain community and some large corporations from seeing the potential use and benefits of these apps. Just last month, Facebook announced its new coin, one that would allow Whatsapp users to make payments using blockchain.…

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Identity is a Human Right – An Article

  2 months ago     203 Views     Comments Off on Identity is a Human Right – An Article  

Identity is at the core of everything that we understand about ourselves. And ultimately, it’s what makes us human. In today’s digital age, our identity is even more than that. It’s essential to accessing our accounts and personal data. It’s everything that we own, do, and share. Our digital identity is how we present ourselves to the world and how we interact with it, so it’s important that each of us has control over our own. But in its current state, identity is severely broken. Today, we’re constantly verifying our identities on every platform we use. And with each new…

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MONERO: A STEP-BY-STEP GUIDE TO XMR – An Article

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Monero (XMR) is a private decentralized digital currency that ensures the total anonymity of its users and the details of their transactions. It addresses the need to protect one’s identity when carrying out financial transactions and uses a series of cryptographic functions to guarantee this protection - privacy and vulnerability are common concerns with those who use digital assets. Monero, as well as its blockchain, can be downloaded on every popular operating system including Mac, Windows, and Linux. It is open source, so anyone can download it. Monero has a rich backstory that has seen it blossom from a shaky attempt at…

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TOP 5 CRYPTOCURRENCY PODCASTS TO LOOK INTO – An Article

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Podcasts are a great way to acquire information and learn about any subject, especially for those who don’t have the time or interest to read long articles and books all the time. Also, unlike reading, listening to podcasts allows a person to learn easily while multitasking. Content creators are recognizing this opportunity to get across to their audiences in a better way. According to FastCompany, there are more than 700,000 podcasts available and the number is growing rapidly. Cryptocurrency is a difficult topic to learn about due to how technical it is. It is also difficult to keep up with the blockchain…

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AMAZON’S RELATIONSHIP WITH CRYPTOCURRENCY – An Article

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Amazon has been active in the blockchain space for a significant amount of time. From its partnership with Kaleido to create enterprise-facing solutions to the recent launch of two new products (Amazon Quantum Ledger Database and Amazon Managed Blockchain), the firm is continuously on the move. Also in 2016, Amazon web services (AWS), partnered with Digital Currency Group (DCG), one of the largest investors in blockchain startups who has been able to raise funds from other institutional investors. Both corporations, in their partnerships with funded blockchain platforms, have continued to evolve, delving a little deeper into the cryptocurrency industry every day. DCG, hosts Genesis, an…

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TITANIUM BLOCKCHAIN: WHY IT FAILED – An Article

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On May 22, 2018, the U.S. Securities and Exchange Commission (SEC) filed a complaint against Titanium Blockchain, an Israeli start up in the middle of its ICO at the time. According to the SEC, the firm had violated the commission’s registration and anti-fraud regulations in the process of raising funding from investors. Charged with securities fraud, company founder, Michael Stollaire stands accused of falsifying information. Allegedly, the company was caught claiming false ties to large firms like Boeing, Disney, and PayPal. WHAT IS TITANIUM BLOCKCHAIN? According to their official website, Titanium Blockchain is a research, development and consulting company that…

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A NEW AGE FOR DIGITAL ADVERTISING WITH BLOCKCHAIN? – An Article

  4 months ago     148 Views     Comments Off on A NEW AGE FOR DIGITAL ADVERTISING WITH BLOCKCHAIN? – An Article  

Advertising has become an essential part of promoting any type of business available and even plays a role in driving the data market further. The world of advertising is worth billions of dollars and is on course to hit $120 billionby 2021 in the US. Every company, no matter what they offer, cannot function without reaching their target audience-- this is where advertising comes into the picture. Brands like Google live off consumer data which can be used to send targeted ads to the right audience. Unfortunately, there are several issues that make the process of reaching the right audience inefficient. Currently,…

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