Tag: blockchain

Singapore And Fintech

There has been an intense fintech explosion in Asia, with Singapore at the forefront of this growth. With more than 400 fintech startups in the country, Singapore stands out as the leading global fintech hub. Its strong financial presence has been an active catalyst in catapulting it towards fintech innovation. Furthermore, the country is riddled with plenty of incentives that…

Gold And Blockchain Use In Indonesia

Indonesia is the largest island country, comprising more than 13,000 islands. Due to this, it’s the 4th most populous country, with a population of about 266.7 million. It’s equivalent to about 3.5% of the world’s total population. When it comes to size, Indonesia is the 14th largest country in the world in terms of land area. In terms of combined…

Why We Use The ERC223 Token Standard

Ethereum’s creator, Vitalik Buterin, was first introduced to the cryptocurrency and Bitcoin space back in 2011. In that same year, Vitalik launched Bitcoin Magazine that would constantly post articles regarding the future of cryptocurrency. Afterward, he worked on some altcoins which were based on the Bitcoin codebase. After facing a few shortcomings with the Bitcoin blockchain while trying to build…

Bitcoin Deep Dive: Where Did BTC Come From?

The arrival of Bitcoin into the world was one that can be compared to that of a UFO landing in a cornfield: nobody really knew where it came from and nobody ever thought that it was in existence in the first place, until its release. On August 18th, 2008, the domain name Bitcoin.org was silently registered, and on exactly the…

Bitcoin vs Gold – Which One Is Better?

Bitcoin prices of over $19,000 per coin during the last quarter of 2017 led to cryptocurrency investors terming Bitcoin as the new-age “digital gold”. Placing the two side by side, it’s easy to see why investors would see them at almost the same level. However, gold has had no competition when it comes to the capability of having purchasing power…

How Blockchain Technology Can Help The Government

Blockchain technology is probably one of the finest technologies to come out of the 21st century. Described by Satoshi Nakamoto in 2008, blockchain technology is simply a decentralized public ledger that runs on a P2P network. The ledger is updated regularly and can be used to record any kind of transactions. It came into prominence when it powered Bitcoin, the…

Growth And Use Of Digitized / Tokenized Assets

The last few decades have seen the world surge towards a fully digitized environment. Experts in all the industries ranging from financing, technology, and even healthcare are looking for ways to make their respective industries fully digital. The recent emergence of cryptocurrencies backed by blockchain technology has seen a new paradigm shift in the finance and investment sectors. The creation…

Recent Blockchain Developments

The Blockchain is the world’s leading software platform for digital assets. Originally developed as an accounting method for the virtual currency Bitcoin, blockchains – which use what’s known as Distributed Ledger Technology (DLT) – appear in a variety of commercial applications today. Currently, the technology is primarily used to verify transactions within digital currencies. However, it’s possible to digitize code…

Growing Cryptocurrency Acceptance Around The World

A cryptocurrency is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies have been around since the 1980s but since Bitcoin became the first decentralized cryptocurrency in 2009, numerous cryptocurrencies have been created. Crypto-Explosion Bitcoin and other cryptocurrencies have risen…

The People Of Blockchain: Who Is Satoshi Nakamoto?

Who Is Satoshi Nakamoto? Satoshi Nakamoto is famously attributed to having created the cryptocurrency Bitcoin (the Bitcoin protocol that is), and the blockchain technology behind it, which has since exploded into an entire industry. The truth of the matter is that no one seems to really know who Satoshi Nakamoto is, as he has remained reclusively anonymous. The ideas that…