Digital currencies payments and market infrastructures

Many banks often function in a typical manner of retailing payments as a part of their role in maintaining the stability and effectiveness of financial systems and keeping the confidence in the used currencies. With the emergence of the new form of currencies, commonly known as digital currencies, it is being examined by different committees and organizations and as such, it has had an immediate and direct impact on payments and market infrastructures.

The blockchain – what it is part 2

In this article, we continue to look at that comparison by considering other features that make it unique and adaptable for worldwide use such as distributed, a chain of blocks and process integrity.

What is the future scope of the blockchain technology after this crisis in the world?

With world in general switching more and more towards digitization during this time of lockdowns in some countries and continents as others are uplifting their lockdowns and limiting their restrictions that were put in place as a way to combat or limit the spread of the coronavirus, what will then be the future of the blockchain technology?

The manifestation of the blockchain technology

Nowadays, the main discussion turns around the blockchain technology and help it is manifesting itself around the crisis that is happening at the moment.

Reconciliation solved by digital currencies and the blockchain technology in financial institutions and system

With the coming into play of digital currencies that commonly and always work out as a decentralized market infrastructure constructed on standards-based Web3 technology, it subsequently limit the need of reconciliation, heavily improve the flowing of information, give financial market infrastructure operators necessary tools to control and overview.

Is bitcoin really decentralized?

The whole point of developing cryptocurrencies has been taking control back to the people, the users. Bitcoin and indeed all cryptocurrencies have been developed to empower ordinary users with complete control and easy access to their assets, in this case, money. Thus, the central hold and control of huge financial firms on people’s money have been threatened.

A smart contract in simple language

The blockchain technology has introduced many terminologies. Common terminologies associated with this include blockchain itself, micropayments, digital currency, and cryptocurrency, halving bitcoins, trust protocols and smart contracts. If you are new to blockchain technology, surely you have a lot to learn. This article will look at smart contracts in simple terms.

The rise of digital currencies in Brazil

The BCB known as Brazilian Central Bank under the named PIX hopes and desires that the Brazilian project consisting of creating a new payment service is going to facilitate and make payments easy.

Blockchain business in the IoT (Internet of things)

The Internet of Things (IoT) is a cyberspace that identifies connected computing devices, digital objects. The purpose of the IoT domain is to connect and transfer data from one point to another without human or computer intervention.

Blockchain services and abroad programs

Blockchain has proven that international aid can increase efficiency and transparency. The biggest difficulty in providing support is the large number of arbitrators in the value chain. Most poor people are not transparent and often misuse their money. This is worse than ever because many areas (buyers) do not have a support infrastructure.