Blockchain – A Healing to Financial Crisis
So here we are sitting in 2018, it’s been ten years when we first got to know about Blockchain. The technology came into the picture with the surge of Bitcoin in 2008. Blockchain or Distributed Ledger Technology as we all know is the underlying technology of Bitcoin or other cryptocurrencies. This is a decentralized technology…
The Impact of Blockchain Goes Beyond Financial Services
Bitcoin and other cryptocurrencies that are based on the Blockchain Technology have great potential to disrupt the current financial services industry. From lowering costs of transfers to reducing confirmation times for cross-border payments, the benefits of Blockchain for financial services are immense. Smart contracts, which will enable self-executing instructions built into cryptocurrencies, will no doubt…
Sony’s new patent in Blockchain Technolgy – giving way to new age education system
The year 2017 is about to come to an end, and the one thing which has made some news apart from Trump’s victory is the Blockchain technology. It has gained the attention of all the countered and companies. Despite it being at a nascent stage, we have seen the humongous application of Blockchain in myriads…
What drove the meteoric rise in Bitcoin Cash?
Summary Bitcoin Cash, which has been stewing in the $300 price range ever since August 1, 2017, saw explosive growth last weekend after the announcement that the planned Segwit2x upgrade was called off due to community infighting. Bitcoin Cash’s price nearly tripled in two days, touching an all-time high rate of $2477 since its inception,…
How Blockchain Can Be Used In Trade Finance & How It Works?
Though financial institutions and technology companies have experimented with trade finance for years, it has a slow progress. Despite automation advances in many areas of financial services, trade finance remains a largely paper-based, manual process. But it could be one area where blockchain technology will be successfully applied. How Blockchain Can Be Used In Trade Finance…
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