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Digital Currencies vs. Cryptocurrencies, Explained

What are digital currencies?Digital currencies are money used on the Internet.Digital money exists only in the digital form. It doesn’t have any physical equivalent in the real world. Nevertheless, it has all the characteristics of traditional money. Just as classic fiat money, you can obtain, transfer or exchange it for another currency. You can use it to pay for the goods and services, such as

How a Brand New Technology is Going to Change the World of Banking

In first world countries, it is natural to assume everyone has a bank account. The banks are omnipresent and can be found nearly everywhere there are consumers. Because of this, we don’t really take the time to think about what a potential substitute for the banking system would be if they weren’t present in a certain space.So what’s the most likely alternative to going to a bank or ATM to d

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IOTA Drops 15% Following Clarification of Microsoft Misunderstanding

The price of cryptocurrency IOTA has retreated to below  $4.20 per token as of press time, after breaching the $5 level to an intraday high of $5.03 during yesterday’s trading session. The drop follows the recent clarification that IOTA’s collaboration with Microsoft is not an official partnership.The so-called ‘IOT cryptocurrency’ failed to sustain its momentum from earlier this mont

How BitherCash Coin Is Revolutionizing P2P Cryptocurrency Transfers

Cryptocurrencies are slowly changing the world. Already, they have had a great impact on the financial sector. Due to the relative success of many established cryptocurrencies, like Bitcoin, Ethereum, Ripple, and Tether, more people are aware of cryptocurrencies and the benefits they offer. The community needs to capitalize on this enthusiasm to make cryptocurrencies more mainstream.  This ca

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Ripple Wakes Up After Long Slumber

There is always something going on in the crypto-land. The weekend saw the big bull and bear action on Bitcoin and the start of the week witnessed Ethereum and Litecoin breaking new tops. LTC continued to surge yesterday reaching an all-time high of $340 according to Coinmarketcap.com. A market correction saw prices return to just below $300 where it currently trades.Ethereum has also enjoyed a bu

Ethereum Analysis December 14, 2017

ETH/USDEthereum rallied significantly during the trading session on Wednesday, bouncing from the $600 level, and reaching towards the $700 level. At this point, waiting on pullbacks will be necessary to pick up value in a market that is starting to run away, albeit on low-volume over the last several hours.ETH/BTCEthereum has rallied quite significantly against Bitcoin, as Bitcoin has sat still. N

In a World with A.I.-Powered Assistants, How Can You Trust a Bot?

Artificial intelligence is already permeating the workforce, changing the way businesses function. Today you’ll find A.I. software, like chatbots, completing administrative tasks—such as scheduling, booking, transcribing. They also conduct communication tasks, such as compiling and sharing information, answering questions, and more on behalf of humans. While the earliest examples followed very

Will the Marriage of IoT and ETC Bring the Next Investment Opportunity?

In recent years, The Internet of Things (IoT) has become a catchword of industry insiders in identifying the roadmap of home automation and smart city planning. Now IoT technology leveraged in a host of projects is giving a boost to global informatization.ETC, one of the latest technologies applied to IoT, increase the way how information and value are shared in the digital economy. Its smart cont

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ETC: Technology First, Leader Next

Bitcoin Gold and Segwit2x have made the headlines these days. In terms of fork, there is more digital currencies than bitcoin that forked – Ethereum.On 20 July 2016, Ethereum’s hard fork occurred at block 1,920,000 in order to resolve the DAO exploit. The blockchain then split into Ethereum Chain (ETH) and Ethereum Classic Chain (ETC).Unlike ETH, ETC is the continuation of the default settings

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South Korea is Going Crazy Over Bitcoin: Real Mainstream Obsession

Teenagers to middle-aged investors in South Korea are engaging in cryptocurrency trading, investing in bitcoin, Ethereum, Bitcoin Cash, and a wide array of cryptocurrencies and assets.Government Steps In To Regulate BitcoinIn the beginning of 2017, the South Korean government, local financial authorities, and the ministry of strategy and finance remained neutral to bitcoin and declined to regulate

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