Interest in Bitcoin has evened out, blockchain drawing more attention
"A technology that has the ability to conduct and verify transactions via an immutable, time-stamped record that is replicated on servers across the globe has immense implications for the banking sector. We're talking about a massive overhaul of the banking industry's processes and a significant reduction in costs," Chief Economist for BBVA Compass Nathaniel Karp has said in a report titled Blockchain Technology: The Ultimate Disruption in the Financial System. The bank's economists have concluded that while interest in the leading cryptocurrency Bitcoin has evened out, the underlying....
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Biometric authentication company NXT-ID has observed that Bitcoin is now being increasingly used as a standard currency more often, especially by tourists. Many instead of converting Euros choose to bring Bitcoin. Although it could be a late fad, but Bitcoin being acceptable at restaurants, amusement parks and gift shops prove one point, and that is that the market for this remains insatiable and secure digital Wocket® indeed will help a consumer make safe choices. It was recently reported that interest in Bitcoin has evened out and blockchain is emerging as the main attraction among the....
We at CoinTelegraph are strong believers in the immense potential of the Blockchain to change the world. Every day we are on a mission to increase the awareness of the endless opportunities and benefits offered by this innovative technology. We strive to do it by delivering the latest news, breakthroughs and analyses to our loyal readers. Interest in the Blockchain is high and growing. The best way to ‘socialize’ and popularize Blockchain is to go to the community. That is why we flew to Helsinki for the first Nordics Blockchain Conference. With the growing interest from developing....
The International Monetary Fund (IMF) has acknowledged that the recently launched Nigerian central bank digital currency (CBDC) is attracting interest from many institutions globally, including central banks. Still, the fund warns that the CBDC carries risks for monetary policy implementation, cyber security, operational resilience, and financial integrity and stability. CBDC Attracting Interest In its latest country focus report authored by economist Jack Ree, the IMF explains why Nigeria’s new CBDC has drawn substantial interest from the outside world and from central banks in....
At its current price per unit, the decentralized cryptocurrency Bitcoin’s market valuation has surpassed the overall value of the International Monetary Fund’s (IMF) Special Drawing Rights market (SDR $281 billion). Since the massive global market rout on March 12, bitcoin has risen over 323% since the crypto asset’s $3,600 low in 2020. The price of bitcoin has increased a great deal in 2020. Especially after the global market crash that wiped out nearly every commodity and stock under the sun. Even then, the price of bitcoin (BTC) had a hard time in mid-March, as prices....
Time for another brain burner! This puzzle is based on my game Tau (2011). TAU was evolved from another game of mine called OMEGA (2010) as a tool to help me teach my students how to multiply in binary base. It exploits a mechanic called 'multiplicative scoring'. Let's start by drawing a square grid of any size (10x10, for example) and filling it with coins, one on each cell. This is our bitcoin field. FIGURE 1: a 10x10 bitcoin field. Now let's split the field in two, by drawing a horizontal line like this: FIGURE 2: two groups. Two groups of coins (above and below the line) have been....