One of the most interesting applications of cryptocurrencies will be decentralizing the travel domain. Imagine you can pay anyone, anywhere in the same currency! This again derives from the cross-border, universal nature of cryptocurrencies, doing away with all of the foreign exchange hassles. A young lady recently made news for her newfound ambition — tour the world…

Currently dominated by countries like Mexico, China and India, the remittance market — workers sending money back home — is worth over $500 billion a year, and today, crypto transfers constitute around 15% of all transactions. Venezuel, which has shot its economy in the foot, has just announced a welcome news — its very own crypto remittance platform — Patria Remesa — is now live….

A little quiz to begin with: why is the Bitcoin City (in Slovenia) called so? 1. It is the largest miner of bitcoins 2. Satoshi Nakamoto lived here 3. Some other reason The BTC City (which incorporates the Bitcoin City) is a shopping region owned by one company, whose abbreviation also happens to be BTC — which…

Crowdfunding has taken off in a big way in the last few years or so. But there are restrictions on which countries can participate in fundraising. These are mostly due to the payment processors like Stripe not yet available for countries like India. Can cryptocurrencies, the cross-border, decentralized, democratic means of payment, help? Maybe yes,…

Everyone has heard of or remembers reading about some teenager who became a millionaire post the 2017 Bitcoin tsunami. How many millionaires, or more accurately, BTC addresses with over a million dollars currently exist? Given the sharp fluctuations in BTC prices — this year alone has seen a 200% rise in price — the worth of these addresses is…

A Forbes article cites a report to describe the stage of blockchain today — it’s like where the internet was in the 1990s, when clicking a hyperlink or embedding one was the best of technology. In a recent interview, the co-creator of Ethereum, Vitalik Buterin, described the state of the ETH blockchain as almost full and slow….

Pic: Ujo aims to automate royalty payments Music is great, everyone loves it, but what about the music industry? That’s a bad name to take, and rarely would it get a positive response. The biggest issue here is money, royalties, cuts and commissions, followed by lack of opportunities for newcomers to make it big. The word…

South Korea is showings what positive intent can do, despite having banned ICOs in the past. The Busan city won the race to become the ‘regulatory sandbox’, pipping the much more popular Jeju Island for this coveted status. Busan will now launch a stable coin to mirror the national currency. Jeju Island, the paradise for…

source: bitcoinwiki The very features with which Bitcoin was created, a currency not dependent on the mainstream institutions by being unregulated, anonymous and secure, have also made it a star attraction for illegal activities, especially on what is called the “dark web”. This is the underbelly of the internet that is scary and fearsome, and…