Have you ever faced difficulties in transferring funds to your friends or family living in a different country? If yes, then you know the pain and burden involved in international payments! Right, international funds transactions are heck! The traditional payment systems involve high processing fees, time-consuming transactions, too many intermediaries, and zero traceability features. This will turn you into a…
No matter what, the next big thing in the history of blockchain technology is going to be the tech’s most prominent companies dominating the industry. The world just entered another year of blockchain technology. While Bitcoin became the blockbuster, the decentralization space has become more attractive to investors and businesses. The demand for digital technology, digital wallets, and digital currency…
Cryptocurrency is the hottest space! The discussions on cryptocurrency are just increasing every day. Moving forward, Bitcoin price is a hot deal today, as it is valuing unexpected numbers and creating billions of dollars across the globe. On the other hand, infinite topics are running around the cryptocurrency world that also consolidates the latest trends in the digital economy, finance,…
Blockchain: The most predominant and influential innovation in various industries right now. Blockchain technology is leaving no stone unturned. Everything is getting updated by integrating blockchain technology from finance to cryptocurrency to computer science, advertising, and marketing. If you haven’t updated yourself with blockchain technology yet, you should probably do it ASAP! Before you are left alone in the fast-paced…
As we are moving towards a cashless society, cryptocurrency is the most heard term these days. Gone are those “carrying physical money in a physical wallet” days! The world has transformed into a digital economy. Across the globe, money is being exchanged through online or electronic payment methods such as online banking, debit or credit cards, digital wallets, etc. Right…
Traditionally, from decades ago, we are only aware of the Fiat currency. It was and is the primary mode of transaction. The governments determine the exchange rate of the Fiat currency. Central banks control the regulations of the Fiat money. However, the value of the currency may increase or decrease based on the stock market trading. Here we will learn…
The first decentralized cryptocurrency, Bitcoin, was created in 2009 by an unknown person by presumably pseudonymous developer Satoshi Nakamoto. Bitcoin has gained a lot of popularity across the world. Several young investors and millennials exhibited their interest after its value increased tenfold in less than a year. Bitcoin is a digital currency, unlike other Fiat currencies with no physical form.…
Probably the most popular word that’s making rounds in the fintech space is blockchain. Have you noticed the power of this disruptive technology? Being the base for financial services across the world and building the cryptocurrency world, blockchain is significantly changing the way we live, work, and play. Bitcoin, the most popular cryptocurrency (created by an unknown person using the…
What is Central Bank Digital Currency (CBDC)? Central Bank Digital Currency (CBDC) is centralized! CBDC: Also called the digital fiat currency and digital base money runs under the regulatory authority, like the central bank. A government’s central bank completely backs CBDC, and these banks hold the liability and authority over it. They are a digital representation of a country. Unlike…
Bitcoin – The first modern cryptocurrency! Ever since the development of Bitcoin, the demand for digital currencies or cryptocurrencies has seen significant growth. Although we have thousands of cryptocurrencies, Bitcoin is considered to be the top-most and widely accepted currency. The value of Bitcoin has seen a tremendous increase. From $10,000 to more than $30,000, today Bitcoin tops the list…