Latest News On Cryptocurrencies

You recently bought a Tesla car, and although you don’t understand how it works, you’re happy about whatever’s under the hood because of a smooth, seamless driving experience. The same thing applies to the  Blockchain . What’s interesting to mass-market users is not the technology per se, but the value it holds. Cryptocurrency and Blockchain are buzzwords in today’s digital realm associated with Bitcoin, ICOs and digital wallets. Average consumers don’t need to know how the technology works. They want to know how to reap the benefits. The vault in the smartphone The mobile phone is no longer a device for chatting with friends and family. It has grown into a smart device used to perform a wealth of activities. There’s an app for everything. But when we put Blockchain technology and smartphone side by side, we notice that there’s a glitch. There’s no killer app for Blockchain-based activities, no holistic approach to benefit from the perks of the Blockchain without worryi...

Blockchain technology could represent a major shift in how companies conduct their business, according to Deutsche Bank's  chief investment officer. In a slide presentation this month , Christian Nolting, also the bank’s global head of wealth, and Marcus Muller, global head of the CIO office, explained how digital currencies and blockchains work and predicted where they would go in the future. According to the presentation, the “opportunities associated with blockchain technologies are huge,” and could be fully put into practice within the next few years. The bankers predicted that roughly 10% of the global gross domestic product (GDP) would be tracked or otherwise "regulated" by a blockchain by 2027. The presentation said : “We expect that the blockchain will change the business model of companies in a sustained way. The blockchain technology enables a faster and cheaper exchange of assets and financial products between individuals without an [in...