RUSH, A Revolutionary Crypto Payment System Backed by Real-world Assets
Over the last decade, the definition of payments has drastically changed, with the good old currency notes taking the back seat as more and more people flock towards electronic payments. However, electronic payment methods weren’t perfect either as financial institutions slapped high processing fees for such transactions, not to mention the delays one continues to […]
Related News
Asset-backed tokens have long offered significant promise to transform the world of finance and investing. 24/7 trading, instant settlement, and fractionalization are just a few of the benefits offered when assets are recreated as cryptocurrencies on a blockchain. From the perspective of the cryptocurrency investor, tokens backed by real-world assets may also offer an opportunity […]
Tangible, a unique NFT marketplace, launches on May 2, 2022. It converts real-world physical assets like fractionalized/tokenized real estate, gold, investment-grade wine, luxury watches and more into NFTs. Things get even more exciting here, as each NFT can be redeemed against a physical item. Yes, you read that right! The way Tangible works is users […]
Ekta is one of the trending blockchain protocols that bridges the physical and digital worlds. Named EktaChain, the mainnet leverages the power of blockchain in its tokenization of real-world assets. Hence, EktaChain facilitates the representation of physical assets and their real-world value as virtual analogs. In its operation, Ekta aims to offer users a platform to build a profitable and robust portfolio of real-world assets, but on-chain, and for all budgets and types of investors. Its mission to tokenize traditional businesses, natural resources and real-world capital provides both....
A gold-backed bitcoin may not be the dream team it's made out to be. Although there has been a lot of talk about backing Bitcoin payment with gold or other assets in the past, there are now two separate projects attempting to turn this idea into a reality. Plenty of people out there believe that there is no intrinsic value behind bitcoins, which is why they want to see some kind of real asset backing a new digital currency. There aren't many people who would contend that the payment technology behind Bitcoin is not revolutionary, but they'd like to see it tied to some kind of tangible....
The reason for the decline of most altcoins out there is due to the lack of real world application. A coin that has stood out in the past few weeks for this exact reason is SyncCoin. Unlike others, SyncCoin excels thanks to the many uses the developers have brought to it. But what stands out the most out of all that has implemented by the developers is that it is asset backed. Now, something rarely seen in the world of cryptocurrencies has been brought into the table thanks to hard work of the developers. Sync is actually backed by domains acquired by the development which come to a total....