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What is Ripple?

What is Ripple ?

Ripple is a cryptocurrency as well as a platform for enabling cheap and fast financial transactions all over the globe. Its platform’s payment settlement technology has been adopted by banks and other payment networks. It claims to be an open source platform and offers a more transactional, functional and decentralized peer-to-peer network compared to Bitcoin and Ethereum, although there have …

What is Ethereum?

what is ethereum

What is Ethereum? Ethereum is an open software platform for decentralized applications (Dapps), allowing developers to build smart contracts and distributed applications and execute them, mitigating fraud, downtime or control by a third party. It is akin to programming language run on the blockchain. One of its aspects is its own virtual currency, Ether. Ether is used for two main …

Ethereum 2.0: Everything You Need to Know

ethereum constantinople

ETHEREUM 2.0: EVERYTHING YOU NEED TO KNOW Ethereum 2.0 is the potential update to Ethereum to make it faster and better. Potential updates deal with the current scaling issues, issues with mining, to make transactions faster and create a better environment for smart contracts and more. Ethereum’s launch was initially planned to be in four stages back when it launched …

What Is Bitcoin?

what is bitcoin, currency

Definition Bitcoin is a decentralized digital currency which can be sent from user to user over the Bitcoin network without involving any intermediaries such as a bank or a payment gateway, thereby making it different from almost any other currency, typically issued by a government or other centralized entity. How does Bitcoin work? On the Bitcoin network, balances are maintained …

Tech Giants Take on Opioid Addiction with DLT

IBM has announced that it is now planning to use a blockchain-enabled health surveillance system in order to collect data on antibiotics and opioids prescriptions by doctors. Opioid prescription abuse is becoming a problem worldwide with figures showing that their illicit use has now overtaken heroin. Globally, prescription opioid pain relievers are now among the most commonly misused and abused …

38% of South Africans Polled Regret Missing Early Bitcoin Uptake

38% of South Africans Polled Regret Missing Early Bitcoin Uptake

A recent poll in South Africa on awareness and attitudes towards cryptocurrency has shown that 38% of respondents wished that they had invested in digital currency before, writes Cointelegraph. The poll was conducted by Pan-African financial services company Old Mutual Limited. The annual Savings and Investment Monitor survey for South Africa revealed that in general, South Africans were currently largely …

How Much Would Bitcoin’s Price Be If It Extinguished Fiat Currency?

How Much Would Bitcoin's Price Be If It Extinguished Fiat Currency?

An interesting thought experiment can be conducted in regards to what Bitcoin’s price would be if all fiat currency ceased to exist, and if all of that money were put into Bitcoin. This can be defined as Bitcoin’s extinguishing capacity. There are varying answers depending on what is defined as money, and money supply estimates for this article are taken …

Joshua Broggi: Woolf’s University Blockchain Education “Practical Rather Than Theoretical”

Joshua Broggi: Woolf University Blockchain Education "Practical Rather Than Theoretical"

There is a widespread scramble in the blockchain industry to apply the technology to almost any imaginable industry. Projects now seek to update existing standards, enhance efficiency or upgrade every known tool across a broad range of sectors, from finance and banking to music sharing and data privacy. While it’s not improbable that most industries could benefit from a blockchain …

Take a French Leave from Taxes, or How to Keep Your Cryptocurrency Safe from the Taxman

Take a French Leave from Taxes, or How to Keep Your Cryptocurrency Safe from the Taxman

When cryptocurrencies go through their periodic pumps, cryptocurrency investors are placed in a position of having to stop thinking so much about how to make more profit and start worrying more about how to protect their gains from the avaricious reach of the taxman. Depending on the laws in specific localities, and on the amount of trading an investor does, tax obligations …

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