In the last couple of years, the influx of foreign investors has been dramatically increasing for Dubai. The wealthy economy of the country influences the potential immigrants to set up their businesses in this city of gold. This is the only city of emirates that allows credible businessmen to invest their funds in Dubai for … Read More →
A recent funding round has just added quite a bit to an Indian crypto exchange’s coffers. Mumbai-based exchange CoinCDX announced on March 24 it had received $3 million in new funding. The Series A round was led by Bain Capital Ventures, Polychain, and HDR Group. CEO and Co-founder of CoinDCX, Sumit Gupta, said that the … Read More →
The petitioners contented on the basis of the European Parliament’s report released in July 2018 that all virtual currencies are not fully anonymous. Banning transactions only in fully anonymous VC’s could have been a better and less intrusive measure, they added. The court took the view that the question whether anonymous VC’s alone could have … Read More →
The petitioners argued that VC exchanges already had best practices such as avoidance of cash transactions, enhanced KYC (know your customer) norms etc. The court, however, said that enhanced KYC norms may remove anonymity of the customer but not that of the VC Further it also pointed out that RBI was the best judge of … Read More →
The Secret of “BLOCKCHAIN” Blockchain technology has revolutionized the future of the industrial era. There are no secrets of blockchain in general. There are just approaches, opinions, experiences, articulations of the author’s own shrouded plan. Obviously, encouraging to uncover a mystery dependably makes for a decent feature. As pretty much trustworthy outlets, for example, … Read More →
We all know that when the news of decentralized digital currency aka the Bitcoin hit the world, it disrupted the whole industry sectors. The bitcoin allows transferring funds across a huge network from anywhere in the world. It is difficult to hack the bitcoin; hence the transactional information is stored securely across the numerous computers. … Read More →
The idea of the Blockchain technology was undeniably an intelligent invention by a person or maybe a group of people, known as Satoshi Nakamoto developed it around late 2008. A Blockchain is basically a digital ledger for economic transactions which are designed to record not just the transactions but virtually everything that has a … Read More →
The words Blockchain and ICO might go together like sausage and mash but there’s a good reason, it generated nearly $8 billion in funds raised in 2018. Impressive but still only a tiny fraction of the global crowdfunding industry and already this year we’re seeing a sharp decline. Whereas in the traditional crowdfunding arena the … Read More →
JPMorgan Chase & Co. is turning to crypto to modernize one of its most central businesses. The biggest US bank said it developed a prototype digital coin that it plans to use to speed up payments between corporate customers, according to a statement Thursday. The token, dubbed JPM Coin, is based on blockchain technology, a … Read More →
The blockchain will become mainstream in 2019, and there is a lot happening in the industry to arrive at this conclusion. But to understand why this will occur, it is necessary to understand how we got here, 10 years after Satoshi Nakamoto (whoever that is) gave us this technology. Blockchain Technology: The Journey So Far … Read More →