Month: August 2018

Why does car business need Blockchain?

There is a lack of communication between the participants of the business.

The car industry is a dynamically developing business. In 2016, more than 78 mln cars were sold in the world. There are a lot of institutions involved: manufacturers, banks, drivers, repair stations, etc. Each of

How does decentralized banking look?

Decentralized banking is a term that has been construed in the wake of the cryptocurrency boom.

That is because cryptocurrencies are the first intelligent asset that can create such a tool.

And because of this, many are referring to decentralized banking as “crypto banking.” Cryptobanks are decentra

What is the sharing economy?

Put simply, this is where individuals share items or services, usually on the internet.

Even if you haven’t heard the term, you’ll know about the phenomenon.

Through countless apps and websites, it’s possible to rent things by the day or the week – even by the hour. Occasionally

Blockchain’s Scaling Problem

Cryptocurrencies and blockchain are increasing in popularity and gaining public awareness, but there’s a risk the technology will be unable to keep up with demand.

The biggest names in the business, Bitcoin and Ethereum, use blocks to process transactions. However, in the early days of their develop

How do crypto exchanges work?

They allow exchanging one cryptocurrency for another, the buying and selling of coins, and the exchange of fiat money into crypto.

Crypto exchanges set the rate of the currencies — both coins and tokens. The cryptocurrency rate usually depends on the actions of sellers and buyers, although there

What is a crypto wallet?

A crypto wallet is a piece of software that enables you to send and receive cryptocurrencies, such as Bitcoin.

They can be used to store multiple tokens and coins at once – however, most wallets will only support a limited number of cryptocurrencies.

Wallets are used to store