Banks have been around for hundreds of years. The first banks started out as places that held gold in deposit and gave you a receipt that you could use to get your gold back. From there, some banker got the wild idea to make the note itself transferable to other people. Paper money was born.
What is digital fiat and how does it work? Does it compare favorably with cryptocurrency?
With the rise of decentralized finance (DeFi), yield farming is the most recent development to excite the cryptocurrency space.
IBM is helping Norwegian Salmon fisheries with blockchain technology while the Principality of Monaco wants to use security tokens to fund social impact projects.
The word “fiat” comes from the Latin and means “let it be done.” Since fiat money has no value outside of this government decree that it does, it is said to have no intrinsic value.
The blockchain and COVID-19 come together in an app being funded by the Austrian government and decentralized finance (DeFi) is undergoing a boom in Australia.
Decentralized finance offers an exciting alternative to the traditional financial system. What is decentralized finance and is it really better than traditional finance? How is decentralized finance different?
In the world of traditional trading, automated market making is a relatively new technology. Automation replaced human market makers who were the worker bees of trading pits. Automated market makers (AMMs) changed the landscape of trading. The efficiencies gained by utilizing the automated programs had several positive effects on the market.
The Census Note is a hardware cold wallet that supports all major cryptocurrencies. The Census Note is a card made of durable plastic that contains a secure chip. This chip stores the private key that secures access to the funds.
We all know Bitcoin and cryptocurrency hold vast promise for liberating the unbanked and others who are not well-served by the traditional financial infrastructure. But something that is often overlooked is the benefits that come from running a Bitcoin node. Running a Bitcoin node helps the Bitcoin community as a whole, but it also offers tremendous benefits for the node owner as well.