What We Know About The World’s First CBDC, the Bahamas Sand Dollar Launch

The cryptocurrency revolution is in full swing, and countries worldwide are racing against time and each other to implement it. While everyone had their sights on China and the United States, the Bahamas' tiny nation island announced that they would launch its digital currency in October 2020. The “Sand Dollar” of the Bahamas will most likely be the first central bank digital currency (CBDC) worldwide. Many years from now, when most of the planet’s nations will boast their well-established CBDCs,…

WMA: Bitcoin gets bullish support to trade around $11,000 as Uniswap airdrops a fortune on its users

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $349.5 billion. Bitcoin increases by 6% over the week to trade around $11,000 Ethereum got a 4% boost in value to reach $385 levels. XRP moved sideways throughout the week and around the $0.25 level Uniswap announced its dedicated UNI token on Thursday and airdropped huge amounts of it to its users. Crypto Trends…

How Blockchain Technology Can Make Ecology Profitable

Blockchain is a modern technology aiming to solve current problems, including significant environmental issues like pollution. Industries concerned with energy, mining, forestry, and even fisheries can significantly benefit from blockchain technology.  Many human activities result in carbon pollution, which brings about global warming, which destroys the earth's ecosystem. Therefore, there is a need for blockchain technology to integrate with platforms dealing with the environment; that way, all can achieve environmental sustainability. In this article, we aim to shed more light…

Why Big Businesses Still Hesitate to Dive into the DeFi Pool

Few other financial sectors relish a prosperous period as the Decentralized Finance (DeFi) market enjoys nowadays. With assets that trade for four times as much as Bitcoin and more than $13.5 billion in the DeFi market cap, the DeFi services are some of the most sought crypto investors' assets in 2020. Still, not everything is rosy when it comes to DeFi. Something lacks the ideal venture recipe, which Decentralized Finance doesn't quite seem to know how to prepare yet. The…

WMA: Bitcoin climbs back to $10,500, the altcoins move sideways and the DeFi’s keep soaring

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $348 billion. Bitcoin slowly recovers as it reaches $10,500 on the weekend. Ethereum moves sideways with a 4.5% increase on Saturday. XRP gains 4%on its value to reclaim the $0.25 level The DeFi market carries on with impressive value boosts for several assets. Crypto Trends 7th - 13th of September 2020: PERFORMANCE & ANALYSIS…

How COVID-19 has made Crypto Insurances trend again

As investors shift their interest from traditional equity to digital assets, cryptocurrencies become more relevant in today’s financial world. However, nobody wants to gamble their fortunes into a strong but still emerging crypto market. So, in recent years, insurance companies have been looking at coverage options for those who want to add Bitcoin, Ethereum, or DeFi to their investment portfolio. In 2020, as a global pandemic is ravaging the world and the financial markets are dwindling, insuring your investments, digital…

China Uses Huawei Blockchain Platform to Farm People’s Data

China is not losing a second in the adoption of blockchain technology. Its latest collaboration with Huawei has given birth to a decentralized platform that will farm the Chinese people’s data and store it on a massive, immutable network available only to the government. While it may seem like a normal, evolutionary step of mass surveillance technology in China, the recent initiative is another sign that the Chinese government is desperate to research and employ emerging technologies ahead of its…

Bitcoin-Powered Generation Z to Rule Over Millennials

Sociologists have been trying to separate Generation Z from millennials for years. However, the young people’s intertwining behaviors, interests, and creeds made the task difficult, if not confusing. The year 2020 seems to be the turning point in dissociation between members of consecutive generations. Global events, technological advances, and even Bitcoin are among the factors that influence this much-expected step in societal evolution. The Present-Day Context The ongoing COVID-19 pandemic and the subsequent, unavoidable economic crisis will shape the future…

Why the Slow Adoption of Blockchain Delays 5G Technology

The implementation of 5G technology is a revolution in the making. You might not see it happening because it moves at a relatively low speed—even the most optimistic voices of the wireless industry hint towards 2025 as the year of significant adoption. There are several causes for this slow development, and they include governmental regulation, network rollout difficulties, and the ongoing COVID-19 pandemic. Another factor that might deprive us of 5G technology and its benefits for a few years more…

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