Bitso is a Bitcoin exchange based in Mexico and focused on growing awareness and usage of Bitcoin within Mexico and other Spanish speaking countries. So far they’ve been very successful and have seen massive growth since launching in 2014.
With blockchain technology increasing its presence in the mainstream, the governments of some countries seem to recognize the great potential of the virtual asset industry and are keen on getting on the bandwagon. One of them is the South Korean government, which plans to strengthen the domestic economy by investing 10 billion Korean won ($9 million) to promote the development of this technology in the country.
Ever since the release of Bitcoin, greater numbers of people have shown interest in the new technology that is the blockchain.
The blockchain technology is being tested for its effectiveness by various sectors due to its security, transparency, and its ability to share large-scale data across the world.
The phenomenon has only gotten more prominent since the cryptocurrency boom in 2017, which brought the world’s attention to this highly capable technology, possibly serving as a catalyst to turn it into one of the most sought after segments of technology in this day and age.
The blockchain technology has proved to be useful in far more areas than just cryptocurrency trading. It is being used or introduced in many fields, including crime-fighting, as a tool to help combat child trafficking in Moldova, analyzing creditworthiness of fruit and vegetable retailers in Kenya, and much, much more.
Have you heard the term blockchain address, but aren’t sure what it is? A blockchain address is a key concept from blockchain technology and cryptocurrency adoption. In this guide you’ll get a better understanding of what these addresses are, how they get created, as well as learning some of the differences between addresses on different types of blockchains.
Cryptocurrencies have become an important part of today’s financial market, and young rich people want to be up to date with them.
They want advice on cryptocurrency investments to be offered to them by their primary wealth managers, stated Capgemini SE, a French multinational business consulting corporation.
The Paris-based company had surveyed of young millionaires and published its results on June 19, 2018.
If you’re looking for a good South American based cryptocurrency exchange, the Chilean based CryptoMKT might be a good fit. It offers the chance to buy Ethereum, Bitcoin, and Stellar Lumens using the Chilean Peso, Argentinian Peso, Brazilian Real and Euro (as of June 2018).
Signing up for CryptoMKT is easy enough, but trading requires additional verification. Currently there are four levels of verification on the platform; Observer, Basic, Trader and Institutional. The Observer level is just that, it allows you to use the platform to observe the markets, but you cannot trade. If you want to deposit, withdraw, and trade on the CryptoMKT platform you need to provide verification that includes banking details to level up to the Basic verification level. This allows for trading of up to $50,000 monthly. This verification requirement was put into place to prevent money laundering.
As with any emerging industry, skepticism has been on the rise when it comes to blockchain technology and cryptocurrencies, as well. With some critics arguing that the industry is not as important as its proponents claim it to be, to downright saying it is bound to fail, there are those who, on the other hand, believe blockchain technology, the technology behind crypto market, is very much necessary in today’s financial world and is here to stay.
The age of cryptocurrencies brought to light some of the most bright minded individuals-usually traders, programmers, hedge fund managers, and designers worth following.
While most of us rush to follow the likes of Satoshi Nakamoto (whoever that is), Don and Lex Tapscott, Andreas Antonopoulos, Charlee Lee and other key members, there are small-time but effective crypto enthusiasts that could be worth following.
One of the benefits of following under the radar cryptocurrency enthusiasts is a faster response to queries. These individuals have fewer followers and can get back to you within a day or less.
Blockchain technology has the potential to radically alter many aspects of American urban and civic life, making the country more democratic and increasing access to services for the most vulnerable citizens.
This is the assessment of Brooks Rainwater, Director of the Center for City Solutions and Applied Research at the National League of Cities (NLC). According to the NLC ‘Blockchain in Cities’ report, the city of Austin, Texas is the site of the first of a series of exciting new experiments that seeks to test out the effectiveness of the blockchain as a means of delivering municipal services and solving ease of access problems. The project in Austin aims to increase access to services for its most vulnerable people while giving service providers enhanced access to their information.