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Useful articles and blogs on Block chain Technology, Crypto Currency Market & Trends

Best Blockchain Examples Shaping Our World

Best Blockchain Examples Shaping Our World

Everyone knows that cryptocurrencies like bitcoin, ether, dash, and ripple are the entry-points to the blockchain world. Blockchain technology is professionally assisting innovators for developing solutions in manufacturing, retail, supply chain, pharmaceutical, healthcare, transportation, real estate, government and more.

List of some popular firms that stand out in the blockchain world:

Supply Chain:

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They are hugely investing resources which could assist to solve cross-border supply chain problems. IBM’s shared ledger can provide real-time traceability and transparency. Their digital ledger is offering ways for the shipping companies to optimize their supply chain tasks.                       

The project uses blockchain to support financial and supply chain systems. Firms will be able to buy blockchain registered assets and connect their ERP solutions to the Hijro Trade Asset Marketplace.

The firm wish to offer service to customers with global supply chains. Businesses would be able to use SkuChain for their cross-border trades.              

The firm is developing a blockchain-based solution to secure traceability of certifications and other details in the supply chains. Provenance would provide a digital identity for every product.

 

Healthcare and Pharmaceuticals:

The firm is targeting applications like pharmaceuticals, luxury items, diamonds, and electronics. The application would be able to verify counterfeit products, diverted goods, stolen merchandise and fraudulent transactions.

They focus on providing blockchain solution for electronic medical records (EMRs).

Gem is eminent enterprise level application that can connect to any blockchain network. It can work with Ethereum, Hyperledger, and more. They offer data store, standardized resource representation, access controls and Rest API.

   Financial Services:

The firm is developing smart contract applications targeting IoT, video gaming, and micropayment transactions. The users will be able to exchange value by using smart.

It is a bit-coin based cryptocurrency wallet. The users can buy, store and exchange bitcoins utilizing the ABRA app on their smartphones.

This firm in conjunction with Microsoft is trying to implement blockchain for marine insurance. They would assist marine organizations to better predict risk factors due to more up-to-date information.

 

​ Retail:

 

It is a free online marketplace for trading goods and services without the requirement to pay any third-parties.

They can build custom mobile applications on the blockchain.

 

 

Transportation and Travel:

It is a ridesharing application that runs on the blockchain. The decentralized transportation platform intends to offer real-time ridesharing options for consumers.

 

It is a travel portal like CheapTickets or Expedia but built on the blockchain. By developing direct connection between travellers and service providers, Webjet could bring down travel costs.

​Finally Blockchain technology is assisting with every aspect of the modern world.

Top Business Startup Ideas using Blockchain

Top Business Startup Ideas Using Blockchain

With so much interesting Blockchain events going on these days, I could find my perfect solace in spending time with looking out Top Business Startup Ideas using Blockchain to implement tactics of everything. You could find lot of Business Startup Ideas is on the cards lately, but every now and I always like to choose the best one. Startups adore living on the edge and they are embracing the idea of blockchain by trying to develop innovations that would change the world.

Below given are some of the best ideas which stand out:

​Presence of Decentralized Freelancing Marketplace

​The online freelancing marketplace has picked up recently and firms have given rise to the huge economy. With these services, freelancers and businesses are discovering each other around the world. They are bringing down global boundaries.

There is also good opportunity for startups to develop decentralized freelancing marketplaces. It would enable freelancers and businesses to work together without the requirement for an intermediary.

​Availability of Decentralized Search Engine and Ad-Network

​There is ample opportunity for startups to disrupt the search engine and ad-network space. Instead of search engines making money, the users could directly benefit from their own data. There is popular decentralized search system that permits users to safeguard their privacy and earn cryptocurrency for sharing their details with businesses. It wholly takes out the intermediary and allows customers; businesses interact with each other directly.

​Options of Decentralized Exchange

​More recently the business entrepreneurs are professionally trying to solve the problem by creating decentralized exchanges.

​Decentralized Content Platform and Social Media

​It is widely noted that content creators offer value to the networks. They have given rise to requirement for social networks and content platforms which are decentralized. Moreover it also provides the power back to the users. ​​Finally the opportunities to develop businesses using blockchain are numerous.

Bitcoin a good investment in 2018

Bitcoin a good investment in 2018

 

 

We know that Bitcoin price increased well over 1000 % going from $1,000 at the start of 2017 all the way up to $19,000 by mid-December. This massive rise attracted many people and now hedge funds with first-time investors seeking to join of massive returns. There are several evidences to show Bitcoin a good investment in 2018.

One could find two kinds of people investing in cryptocurrency. The people actually trust to be future of money and support of a decentralized financial system. The others are simply looking for making money. If you believe in the future of money one could invest in this currency in hoping to one day use it to make purchases.

The users are also planning to hold it with hopes that it’s going to applauded. In order for Bitcoin to ever be used as an everyday currency it cannot fluctuate thousands of dollars a day. You can ask yourself whether or not it’s going to settle at their current price. If you trust it’s going to rise in the long term then users should make the investment knowing you’re going to cherish through fluctuation.

If you’re just looking to make money with cryptocurrencies, there is market fluctuation of that nature where one could grab many opportunities to make money. So if you’re searching to trade on the short game there’s certainly golden opportunity.

One could experience several tips for getting started. It is better to do some research if users are first timer in the crypto world. Never invest based on someone else’s opinions and always get informed before investing in any asset. For starters, one could easily learn about the blockchain and how it’s revolutionising the global finance. You can also read some of the advance concepts with acumen expert opinions on latest news.

Once people are ready to invest they must start a trading account. There are also several Youtube videos which illustrate step-by-step walkthroughs on how to access and use various exchanges. People must be able to secure their Bitcoins. There are popular wallets which permit users to keep their Bitcoin offline and in a secure location.

Like any investment people require to be cautious and to stay updated with all research on current trends. Finally Bitcoin still remains a good investment in 2018 regardless if you are investing short or long.

Rules of Bitcoin Lending

Rules of Bitcoin Lending

It is heard that rules of Bitcoin lending would be controversial topic and there are five important precautions which could turn Bitcoin lending into a profitable business. This means that the borrower does not have to submit any assets which could be liquidated in case the loan is defaulted.

Rule 1: Better to Diversify Your Investments
Bitcoin lending is better to ensure that your bets are distributed over several loans, instead of one single loan. There are 4 ways to diversify investments namely as,

1. Based on Loan Amount
Fund a small portion of the requested loan, usually between 10-20%. So, if the borrower has requested a 1 BTC loan, fund only 0.2 BTC at the most.

2. Based on Geographical Location
If one part of the globe could be experiencing an economic boom, the other part could be in recession, so better to ensure that you have a good mix of both developed and developing nations in your portfolio.

3. Based on Loan Duration
Loans could be anywhere from a few days to a few years in length. The users are open to select their ratio of long-term to short-term loans.

4. Based on Rating Category
Higher interest rates have a higher chance of low ratings. So try to keep yourself in the middle, holding secured loans with lower rates as well as unsecured ones with slightly higher rates.

Rule 2: Loan Terms for Larger Amounts
In case if borrowers default on their loans, users have two options namely take legal action against the borrower, or sell the claim from this loan to a debt collection agency. Selling the claim is good option for lenders as it assists to avoid the effort required to proceed with legal action. The recovery amount is good with a professional firm collecting the debt than an individual.

RULE 3: Better to check the Purpose and Feasibility of the Project
Before granting a loan, always look at what the individual wants to use the loan for. Good to analyse their feasibility and profitability in the long run. Also try to find alternate assets that the borrower could liquidize to pay off his/ her loan. If the funding for the project and the loan amount does not match, something might be odd.

RULE 4: Beware of Risks and lend only how much you could afford to lose
Suppose if a project fails, or if a borrower refuses to pay out, users shouldn’t be on the verge of bankruptcy. You can keep a small part of earnings in the lending business considering that it is a high-risk investment.

RULE 5: Good to learn from previous Investments
Always better to find a trend in profitable investments and put your money in similar ventures in the future. Rectify yourself if you see too many failed projects and finally allow investments to mature. In conclusion Bitcoin Lending is like investing in start-ups; your money might make good progress as a Fortune 500 firm in the future.

Boom of Initial Coin Offering

Boom of Initial Coin Offering

The boom of Initial Coin Offering (ICO) popularity continues to arise around the globe. Modern day investors seem more eager than ever to take part in ICOs of all kinds. It is assisting to bring more people into the crypto space. More and more governments, central banks are becoming involved, seeking to limit, or prevent, ICOs with actions that range from warnings to outright bans.

The ICO movement is growing exponentially, and is assisting to bring cryptocurrency into the mainstream. While on the other hand, experts are becoming increasingly bolder in their attempts to limit it. ICO fundraising has now reached enormous amount in billion, more than half of which has taken place this year. Coins under development span the business world, and comprise sectors respectively as investment, real estate, health care, tech, and entertainment.
This activity enumerates the most dynamic change in the investment world in decades, as sector specific cryptocurrency is wholly new asset class. Many coin platforms have raised vast sums with little more than a slick looking website and relative convincing sales pitch. More governments and state regulators are responding to the ICO boom in a variety of ways.

The tremendous opportunities offered by ICOs are clearly contrasted by the warnings and regulatory steps against them. Most of them are professionally managed by well competent teams. Some are no doubt destined for tremendous success. Seriously potential investors should perform extensive research before investing in any ICO, and have a thorough understanding of cryptocurrency and blockchain technology.

The most vital point for investors to understand is that initial coin offerings are neither good nor bad. They are actually extension of blockchain technology. Many should understand how an ICO is managed, the token’s purpose and function, and how the token fits into various business sector and finally what actually determines their potential value.

Finally it is vivid that the ICO market will continue to grow into the positive frame for the future. Presently the fortunes made by early Bitcoin investors have become legend, and far too many people like to be part of the next big thing. No doubt there will be winners as the ICO market matures, and regulation by state agencies is definite to exist soon. Interestingly the most key takeaway from the present environment is that initial coin offerings are another positive step in the rapid evolution and adoption of cryptocurrency.

Why Cryptocurrency and Investments

Why Cryptocurrency and Investments

It is noted that wise man once conveyed that if you do not improvise, you will soon be competing with a blockchain version of your business, which is true with changing times. Moreover this popular Blockchain is now entering different sectors, and the gaming sector isn’t far away. Many people feel asking the question Why Cryptocurrency and Investments?

As far as Blockchain concerned it is an idea which is sure to change the world in coming years. With massive rise in businesses adapting blockchain to ameliorate or enhance their operations, to accepting and trading in cryptocurrency, the prices of cryptocurrency have risen in immense way. Bitcoin considerably touched as high as they could, which is amazing, particularly for the initial investors who believed in the potential and power of blockchain technology.

The investments in cryptocurrency would generate higher profits, not because of their rapid growth and ever-increasing prices, but due to the decentralization of the currency. Cryptocurrency also needs no banks and are not controlled by any one government, that it would levy charges over it for transactions and currency conversions.

They are like having only dollars across the globe to trade. Moreover way lower charges of converting the currency and lower charges on transactions as compared to the ones those users make using your bank accounts. They are not only convenient and comfortable, but also facile to operate and manage.

In recent development the Blockchain driven platforms are modifying gaming in a way that the money of the users is safer than it used to be. Also gambling online is unreliable, particularly with no means to cross-check or verifies whether your money is being illegally driven out of the system or being actually transferred to someone else without your knowledge. With something like blockchain, they are highly unlikely to tamper with your money without your knowledge.

Interestingly the Cryptocurrencies have enabled people and organizations across the globe to trade without middle-men and even governments, since people see more profits, and with cryptocurrencies and blockchain coming into almost every business, the value of the currencies and tokens would experience sky rocket hike. A study also reports that those people who invested in Bitcoin in the early 2010s are reaping the large benefits.

Crypto-Currency Mining vs. Bitcoin Mining

Crypto-Currency Mining vs. Bitcoin Mining

As we all know that Bitcoin is the most familiar among all crypto-currencies in the market. So, when it comes to selecting what kind of crypto-currency is most profitable to mine, the answer would be Bitcoin.

Most of the users has fundamental question of which is more profitable to mine? Is it Bitcoin or any other digital currency? To illustrate out, the first step is to understand the definition and concept of Mining.

The mining is performed to perform new units of currency. It is a rigorous task in terms of computations. While in digital currency mining calls for substantial processing power is used for verification of transactions. We know that computers do the number-crunching or complicated and long computations. Thus, computers are actually rewarded for solving convoluted problems in mathematics.

Moreover the studies illustrate that Bitcoin mining during early years could be likened to gold coins falling from the sky. Since then, it has professionally grown from a mere start-up to a specialized and higher level financial platform. This was short-lived for today only experts with special technology could extract Bitcoin profitably. It is noted that mining remains technically viable although those with under-powered systems which would discover more resources are used up for electricity than what is produced from currency mining. The difficulty of mining of Bitcoin grows regularly and continuously as miners strive to acquire the most recent mining hardware.

When you talk about the cloud Mining and other coins, there is no way that cloud mining will break even? There is big crypto-currency exchange with large monthly volume that enables users to purchase or sell Bitcoin 24/7 at their convenience.

Graphic Processing Unit (GPU) demand for scrypt mining, continues to increase with electronic commerce sites looking for a lot of newer and highly-effective miners. Moreover the resale value of Advanced Micro-Processing GPUs is gaining ground as virtual currency miners rush to buy them and start mining before any new version of ASIC scrypt is released.

Interestingly the Altcoins could be exchanged for Bitcoin through Altcoin exchanges. Few of them provide auto-sell feature which allows coins deposited into the user’s account address to be sold automatically for Bitcoin. The users could trade the Altcoin to generate more profits. So another question arises of miners inclined to mine the Bitcoin rather than the more money-making Bitcoin?

Valid points to consider:

  • Users still trust Bitcoin and speculate that the digital currency’s value will finally outgrow itself.
  • ASIC is not capable of mining scrypt coins. Most of these Altcoins are actually based on Scrypt.
  • It is said that Bitcoin security and stability increases as mining of blocks intensify and the difficulty multiplies.
  • Investors do not only invest for profit. They ctually look forward to the crypto-currency will turn out as the international reserve currency.
  • Apart from these developments, Altcoin mining with Graphic Processing Units are still profitable.

Finally one should effectively anticipate the value of Bitcoin currency in the future and difficulty levels. Once prices and hardship go down, there would be fewer miners and easier to receive the currency. In case if prices and mining hardship go up, more miners would fight it out for fewer Bitcoin. In conclusion it is the perfect choice people have to make.

The Bitcoin Beginners Guide Split Forks

The Bitcoin Beginners Guide Split Forks

One of the breaking news in the Blockchain and Crypto Currency communities is that Bitcoin (BTC) would be actually subjected to a “Coin-Split” before long. The split between the Blockchain and network could happen if the bulk of miners through hash power shift to Bitcoin Unlimited (BTU). The Bitcoin Beginners Guide Split Forks has been latest news for many of them.

Later they actually select to mine blocks higher than 1 Megabyte while other users remain committed to the BTC protocol. When this case occurs, there would be two BTC tokens each following different protocols.

One could experience probable outcome namely as positive where each coin is replicated efficiently in the BTU chain. The users could have both BTC and BTU following a division. The other one is negative where the break-up could be risk and disorganized since all the crypto currencies stick together. So it’s necessary to divide them or lose your coins. As a result the important key is to play it safe during a split and move to the other side with your coins (BTC and BTU) in one piece.

Currently the Coin-Split is precarious and there is every possibility of a cyber-confrontation between BTU and BTC. It might also reach that point wherein the BTC exchange rate could plunge to a large extent. It is also said that one should not hold more value in the currency than what you’re prepared to let go of. You can take command of your private keys if you would hold on to the Bitcoin.

It’s quite likely you may not get coins form the chain of you keeping Bitcoin in an exchange namely as wallet like Coin Base, XAPO, or Circle; or any service holding your keys. The answer is to developing a personal wallet if you use any of the above-mentioned services. So it is better to send your coins to this wallet which will not keep your private keys.

There are apt fundamental solutions one could be suggested. You can print your keys on the paper wallet if you are not transacting with BTC or BTU in the near future but treat the currency as investment. They must follow stringent security measures in case this is your preference.

Also obtain any hardware wallet found in Bitcoin so your keys are in better hands. By wallet the users could access coins on both ends of Blockchain if the coin-split occurs. It is also known that regular wallets are also not safe just like your mobile phone or personal computer. They are better to avoid storing large amounts in these devices. Bitcoin Core and Bitcoin knots are full nodes which have the capability to offer additional security during a coin-split. Also check it you have back-ups for your private keys. It is a requirement of many wallets during installation.

As such for now there is no flag date that Bitcoin unlimited fixed for forking. Forking might take place any time tentatively. Yet, the fork would all depend on coordination between miners and clear even to ordinary people. Once the BTU forks, there might be a lot of mess and expected from two hours or two days.

Also BTU does not have replay protection which denotes that any transactions happening after the fork would appear the same. Primarily these are picked up by the two networks if receivers of transactions transmit them to the other network. People should refrain from sending transactions to prevent this occurrence until it is understandable to all parties what the real situation really is like.

It is enumerated that BTU does not take account of wipe out protection. The whole Bitcoin Unlimited chain is removed when mining power on the BTC chain leaves behind its BTU counterpart. Therefore it could only be aborted if BTU chain users act quickly.

According to several reports, Bitcoin magazine as well as Bitcoin.org would effectively announce other details about the coin-split and what international users have to do. It is also meant to offer them with vivid picture of the post-fork scenario. Moreover the wallets such as Blockchain and Electrum would allow users to upload their private keys. They would almost certainly have to undergo the same coin-split routine.

Biggest Opportunity in Cryptocurrency

Biggest Opportunity in Cryptocurrency

The cryptocurrency market might be just what is needed to lure millennial into trading. On June 4th 2012, one Bitcoin was worth $5.49. On June 6th 2017, the price of Bitcoin closed at $2,851 good for a 51,000%+ gain in five years. It is greatly incredible surge has minted thousands of new millionaires. They have birthed a booming cryptocurrency industry.

Most of the people after seeing early Bitcoin investors get rich; some of the world’s most talented entrepreneurs and computer programmers have professionally entered the space. In addition they’ve developed dozens of competing cryptocurrencies and achieved amazing technological breakthroughs along the way.

According to several experts the Cryptocurrencies are perhaps the most exciting sector in the markets today. Over the past year, bitcoin the biggest cryptocurrency by market cap is up more than 1,500 %.

Looking beyond 2018, adoption of blockchain is wholly powered by millennial and outside the US. Millennial are the largest population cohort at 96 million and are now entering their prime income years. A recent survey enumerates that millennial have low trust in existing financial institutions and we could see this demographic driving adoption.

Cryptocurrency adoption like Bitcoin and Ethereum continues to grow rapidly as more people around the world experience the possibilities and benefits it offers. Moreover there are many new opportunities to consider for entrepreneurs and business owners. Bitcoin Business Software also help you in many ways.

Bitcoin teller machines are one of the quality ways to think about mainstreaming cryptocurrency. One of the first of machines is to become readily available and enumerate how cryptocurrency become more accessible. It is also noted that machines enable users to deposit cash. Moreover in return, they also get a digital wallet that has the equivalent in bitcoin cryptocurrency. Primarily the machine also works the other way so that users could put cryptocurrency in and receive traditional currency in return.

In a latest development the social media payments makes it possible to use cryptocurrency and accept payments. They are another instance of how cryptocurrency is emulating all kinds of traditional financial processes. Facebook and Instagram are doing with traditional currency payments. By this it permits more people around the world to transact this way without requiring them to have a regular bank account or actively move their money through a centralized bank. They also assist those utilizing it to avoid having to undertake the cost and hassle of currency exchange when they like to pay others who live in another country and otherwise use different currency.

Bitcoin is illustrating the rest of the world that banks are not necessary since it could handle many of the same functions only cheaper and effective manners. Most of this is on display in developing countries where its citizens make do without traditional bank accounts. It is noted that customers in Kenya, Nigeria, Uganda and Tanzania receive cryptocurrency through wire transfer. After then, they could convert those bitcoins to local currencies via mobile money platforms.

In the field of microfinance lending is an expanding new application for Bitcoin. While some companies assisting entrepreneurs in countries all over the world get access to microfinance. The other main options are appearing as blockchain-based SALT loan platform that is actually intended to leverage Bitcoin assets.The users can also use hyip bitcoin script.

Finally the next stop could be to become a trillion-dollar industry, particularly if these new applications grow. They experience qualitative time to be involved in financial and non-financial technology.

Top Bitcoin Wallets

Top Bitcoin Wallets

If people plan to buy and store Bitcoin, then they would require Top Bitcoin Wallets. However, there are so several options that you can’t assist but wonder which one to go for. This review would consider the most familiar wallets to select from.

As we have all know that there are four main kinds of wallets namely as hardware, online, software, and paper wallets. Where paper wallets are concerned, you must know they are card-like wallets that have printed on them all the data you need to develop private keys. These were the first cold/offline wallets before hardware ones came out. You could create paper wallets yourself by generating Bitcoin addresses and private keys.

Let’s go over some of the best wallet brands and you might find hardware wallets referred to as cold wallets, while online and software wallets are described as hot wallets.

Hot wallets mainly refer to the group that includes web and software services operated via a laptop, tablet, desktop computer or mobile device. Since the private keys are developed via the Internet, they could not be viewed as totally secure. They are best to store small Bitcoin amounts and much simple to use. Moreover there are universal wallets compatible with multiple operating-systems and devices.

Coinbase is not only a Bitcoin wallet service and a full-service cryptocurrency broker with exchange ranked among the most popular on the market. The system is available in over 30 countries, and its client base reaches four million. They are online wallet that is intuitive for beginners and it is the company that keeps your Bitcoin. Most interestingly if you make a transfer within the Coinbase network, there are no transaction fees. More effectively it also tracks your Bitcoin transactions, which shouldn’t be an issue.

The hardware wallet is a physical device which looks similar to a USB flash drive. It is particularly designed to store Bitcoin. This form of storage is much more secure than having a wallet on the web or utilizing an application. Surprisingly once you disconnect your hardware device from the computer, no-one could hack or steal your crypto-funds. They are the quality way to secure Bitcoin and make it easy to store Bitcoin. It is intuitive and easy to set up.

Ledger is one of the best hardware wallets effectively intended for those who seek maximum security. They are hardware wallet and Ledger is a physical device much like a USB flash drive where you could connect to your laptop or desktop computer. More precisely you cannot make any Bitcoin transaction without activating the device. Ledger Nano S is the most acclaimed hardware wallet among the series produced by Ledger. The Nano S model is wholly covered by a metallic case that adds protection. Besides, it is compact and has a user-friendly app.