Cryptocurrency made a poor first impression with the public when it launched, thanks to an association with criminal activity and security loopholes that were not the fault of the blockchain technology on which it runs. Widespread application possibilities got lost among the sensationalism in the news, which included constant stories harping on...
Cryptocurrency is no doubt a buzzword to the average consumer, but these potential customers don’t have any idea where to begin the investing process or how to use digital currency. To gain a competitive edge, developers should prioritize the usability of their cryptocurrency apps in order to increase their customer base....
Cryptocurrency and blockchain are revolutionary technologies, but being so far ahead of the curve comes with consequences. With few precedents to learn from and regulatory frameworks still in their infancy, the crypto space has attracted its share of shrewd opportunists whose scams — such as the infamous pump-and-dump schemes — have grabbed international...
If you’ve been wondering why the past few years have been ripe with discussion about the enormous potential of blockchain technology, yet we haven’t seen much investment or progression from major tech companies, you’re not alone—but the discrepancy may be coming from a massive talent shortage that has been plaguing...
Investors, pundits, and enthusiasts can't stop speculating about cryptocurrency, and more often than not, their predictions center on price. But simply musing over the market performance of a specific coin ignores the larger potential of cryptocurrency. This space is about more than price fluctuations — it's a digital financial revolution that's poised...
Global credit and payments processor, Mastercard, has won a patent for consumer protection and payment transactions based on blockchain technology. The patent was published by the US Patent and Trademark Office (USPTO) earlier this week. It includes a new form of a public blockchain-based method for linking assets between blockchain and fiat currency accounts. ...
What do Pied Piper and blockchain tools have in common? Both are always “coming soon.” By now most of us are familiar with blockchain, the technology underpinning cryptocurrencies like Bitcoin and Ethereum. Outside of cryptocurrency, blockchain has many purported use cases in scenarios that require an immutable ledger. Rhetoric has...
Remember Sirin Labs? Yes, the company that brought Tom Hardy and Leonardo DiCaprio to the London premiere of its spurious smartphone Solarin, two years ago. Claimed by the company as the “world’s most secure phone,” Solarin costs an amusing $16,000. Well, Sirin Labs is now ready with its second smartphone, Finney, and this...
Nasdaq’s automated quotations in the mid-seventies and online shopping in the mid-eighties were disruptive technologies for financial field. The latest disruptive fintech innovation, cryptocurrency, is gaining popularity with consumers, businesses and governmental bodies. Large corporations and governments are particularly interested in the underlying technology of cryptocurrency called blockchain. In fact,...
It seems that these days, cryptocurrency can't catch a break in the news cycle. In early April, the Securities and Exchange Commission urged a federal judge to freeze $27 million that was allegedly garnered through the illegal sale of shares in LongFin — a company whose stock shot from $5 to $142...
As users of digital currencies become more mainstream, the need for a safe and secure method to transact with convenience directly from smartphones is on a high. And a startup named Xeeda has come up with one unique solution for that. The new company has created a simple, secure and convenient way to...
Thanks to all the media attention surrounding Bitcoin and other cryptocurrencies, blockchain technology is commonly associated with finance. But that’s too narrow a vision of this technology’s true capability — the concept of a digitally signed and distributed ledger is universally applicable to business processes. Blockchain technology serves as an...
Economic bubbles aren't new. From the tulip bubble of the 1630s, to the dot-com boom of the late 1990s, to the big-tech mania we're seeing today, overvaluations happen — but not all bubbles pose the same risks or offer the same rewards. Every few years, it seems we're warned of another...
Over the past 18 months, we have witnessed a significant shift in the state of the financial markets. Cryptocurrencies, once a niche fascination, have exploded in value. At the start of 2017, digital currencies held collective market cap of less than a $20 billion. They entered 2018 with a head-turning...
Chinese mobile manufacturer OnePlus has joined the bandwagon of companies interested in Cryptocurrencies as the company surprised its fans by revealing on Wednesday that its next smartphones will have an iPhone X-like notch. However, the company which is known for its April Fool’s pranks, in a 26-second video titled “Change...
‘Distributed ledger’ technology as the Blockchain technology is commonly known, has been described as a new technology that will change the 21st century. The Blockchain technology has garnered a lot of attention but one reason why it is becoming exceeding popular is its ability to overcome a problem that remained...
Google has finally announced that it would be taking the path of Facebook as it bans advertising contents related to Cryptocurrencies, Initial Coin Offerings (ICOs), exchanges, wallets, trading advice and spread betting. The company published its new financial services rules last week with the company director of sustainable ads, Scott...
In the past five years, the global financial industry has experienced major disruptions thanks to innovative technologies in AI, Machine Learning, and Blockchain. The rate at which supercomputers are taking over the financial sector is leaving no doubt that the future of finance will largely depend on computer scientists and...
We are living in an age when security is a major concern, and rightfully so. The world of IoT and mobile has all sorts of weaknesses and pitfalls that we must all navigate - especially when cryptocurrency is involved. Now the guys over at Sikur are ready with their next-generation SIKURPhone...
PC's aren't the only ones vulnerable to Crypto mining hijackers as some malicious sites and infected apps are redirecting millions of Android users to a website that hijacks their phone processors for mining a cryptocurrency called Monero. This process is called Cryptojacking. The site redirects people towards a specifically designed...
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