Money is a system that allows us to buy, sell and transact with one another. The exact definition is “a medium to facilitate exchange.”
Money, the medium of exchange, comes in many forms, including coins, banknotes, digital money, cheques, and now cryptocurrency.
We all have a choice when it comes to accepting something in exchange. For example, you reach the point of payment in a store and notice different offers from companies encouraging you to use their form of payment. HSBC Credit Card cashback on any purchase over X amount, Citi Bank Debit Card cashback when you spend X amount…
Reporting from CNBC, RBC analyst Mitch Steves discussed his view on what might be coming for the next stage of cryptocurrency adoption.
Enter Apple, with over 1 billion users and 250 million phone sales per year, who may be able to create access for users to exchange cryptocurrency.
They would do this by building an exchange similar to Binance or Coinbase and competing in this sector rather than investing in Bitcoin or other cryptocurrencies directly.
Offering an exchange would allow Apple to test the waters, but also bring crypto to the masses thanks to their software expertise.
With Apple’s size…
Bitcoin has been dubbed the best performing asset beating stocks, commodities, and fixed-income assets, making it a very in-demand digital token since its release in 2009.
Bitcoin is believed to be a store of value, digital gold and the next safe haven for investment and savings. Many people believe in decentralised systems and fully wish to be in complete control of their assets.
This is in fact Bitcoin’s biggest unique selling point, that no one can access your assets, steal, or corrupt the figures. Not even the Government can control, ban or print more of the asset to cause inflation…
African regions continue to see further advancement in Blockchain adoption, with the beer brewing megacompany AB InBev providing new sources of revenue for ingredients grown and sourced from farms across the continent.
InBev is a Belgium company in the food, drink, and tobacco industry with a market cap of over 89 Billion USD. Some of the more famous brands in their product line include Budweiser, Stella Artois, and Skol.
The company just recently was included in the Forbes top 50 blockchain companies, and will very likely open up more discussion for the alcohol markets and ingredient sourcing potential possible across…
Imagine a world where we have more people contributing to cures for medicine, qualified doctors, Healthcare workers, Designers, Scientists, and professionals with skills across all industries. With our current system, people are not afforded loans to attend school, start businesses, or provide to society freely and easily. They face constant and undefeatable problems in current society, where the elite grow further, and the ones who need help most, suffer.
With DeCo, all of these people can receive the foundation they need and deserve, opening up access to receive an equal opportunity to systems necessary for life online. …
From the 1600s until the 1900s, you could say that people took care of themselves, their own land, and protecting their assets. When local security couldn’t use technology to track down thieves and all sorts of criminals, it was difficult to do anything to catch and arrest them. There was no other option than to take responsibility and hold yourself accountable.
In the following article, we will cover 3 System choices;
Traditional banking comes with many problems, including overseeing eyes, restrictions on how, when, or even where you can…
The following Guide is created from the Polkadot team’s shared video guide for a more detailed introduction to, “what is Polkadot.”
After watching the hour-long guide, the below covers what is a summary of some key points.
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In the past, files were transferred using floppy disks, compact disks, hard drives, and more recently, online transfers from network to network.
The computing and blockchain network is going through the same…
I’ve seen many explanations about blockchain, but few can help explain exactly what it is to those completely new to this industry.
Here is my attempt;
Every day, 87% of us use Andriod powered Phones, and 13% use Apple IOS devices according to data.
Millions of people around the world have adopted smartphones, and we use them effortlessly. In the beginning, it definitely took a little bit of time, but, even my older parents can more or less do everything I can. I talk more about them and using cryptocurrency like Bitcoin here.
Think of the blockchain as your Andriod…
If we can wish for anything, I believe that it would be a wider acceptance of Crypto payments. Generally speaking, I have yet to use crypto to pay for anything other than online gambling, however, I have been able to see first-hand that bars, restaurants, and cafes in Hong Kong do accept Bitcoin for payment. The number is small, but they are out there.
After taking some time to search for lists of other businesses that accept crypto, I found the following 99 Bitcoins article covering a wide range of personal accounts of successful payments across the likes of KFC…
Geoffrey is a Marketing Consultant with a strong interest in Blockchain and Cryptocurrency. He offers Digital Marketing, SEO, and content creation.