Cryptocurrencies like Bitcoin have been making steady inroads into the retail sector. The blockchain holds vast potential as a currency alternative to fiat currency.
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.
Tokenization is an opportunity to reshape the world of finance in a way that is more affordable, more secure and more accessible.
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.
Decentralized finance (DeFi) is a term used to describe the system of financial applications being developed on the blockchain.
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.
Fundraising is an area where cryptocurrency truly shines. Being able to access capital is essential for any business.