For months now, banks and financial institutions all over the world have invested considerable capital in blockchain technology research and project development. The Bank of America for instance has just filed a couple of patents meant for a blockchain system that will improve the tracking process of file transfers in real time.
By utilizing this system,…
Archive
In 2017 we are witnessing active cryptocurrency industry development. Companies seek to offer their solutions to pressing problems, for example, security establishment and speed of conversion. However, blockchain experts come to the conclusion that there is a question that is not solved yet. We are talking about acquiring. Instead of waiting until the global commercial…
Most of us find it very hard to describe to our friends and family what Bitcoin is exactly. After discovering this documentary on Netflix, I watched it and it explains all sorts of things around Bitcoin, which I will cover in this article. Recently, this documentary also became available on YouTube, although it is not…
The altcoin markets are finally showing hints of a recovery thanks to the failed hard fork attempt by Bitcoin Gold. On Tuesday the 24th, most cryptocurrencies climbed 15 to 20 percent against Bitcoin and are showing stronger support than the last few weeks. Several cryptocurrencies had bottomed-out to lows not seen since this spring, yet…
In September, users of The Pirate Bay discovered that the popular torrent site was running Coinhive, a javascript code that mines Monero (XMR) on visitor’s computers. The incident brought to light the use of such scripts, which are growing in use globally across the web. Although not as malicious as traditional malware, these mining scripts…
Singapore-based fidentiaX is building the world’s first marketplace for tradable life insurance policies with the aim to disrupt the multi-trillion dollar life insurance market.
The fintech startup is leveraging blockchain technology to create a platform that will allow life insurance policyholders to sell their policies to third-party buyers for a potentially higher cash value than if…
Bitcoin has risen to a new all-time high of over $6000, rapidly gaining popularity among the media and spectators. Despite the unrealized potential of the digital currency, we should not forget the time it receded 40% just a few weeks ago. Investing in cryptocurrencies is still extremely volatile. Perhaps, we must take a look at…
Universa Blockchain introduces an innovative technology, and the technical details which need to be explained.
Sergey Chernov, the technical director of Universa, answers the questions about Universa Blockchain.
-Sergey, how is the high speed of Universa Blockchain possible?
- First of all, it is possible because the architecture of Universa is special, it has nothing in common with…
An increasing number of traditional financial institutions are speaking up about Bitcoin and other cryptocurrencies. Most recently, Goldman Sachs released a note to its clients warning them of Bitcoin's risks. Specifically, the investment firm stated that Bitcoin is not “new Gold,” and that Gold, and other precious metals, are a far safer investment options.
Bitcoin…
In the world of trading, there often comes a time when a trader encounters a difficult problem –running out of capital. This can be especially frustrating when the trader has taken a long-term position, and encounters excellent opportunities before the long-term position can be liquidated.
While the illiquidity problem may be frustrating, a solution is readily…
