Connect with us
CLOSE

Altcoin News

The Main Industries Which Are Expected To Propel Crypto Growth In 2020

Published

on

the main industries

Bitcoin enters its twelfth year in 2020 and the past eleven years have been offering a meaningful amount of time to identify the key trends which have emerged around cryptocurrencies and blockchain technology. As we can see from the latest cryptocurrencies news, the market situation is stable and many coins are in a good position, recording gains from 30% to 60% this year alone. The main industries which will benefit from this cryptocurrency growth and rapid acceleration are now more different than ever before.

Banking

The tightly regulated world of banking could open up to the concept of cryptocurrencies even more soon. In 2019, we saw a lot of progress in this industry. One example came from Switzerland, where the banking regulators made headlines with their desire to become the home of Initial Coin Offerings (ICOs) and introduced initiatives to encourage the big banks to start trading and storing Bitcoins.

Entertainment

From NBA teams to sports icons and casinos, a lot of entities are accepting Bitcoin or becoming advocates of it as a form of both wager and prize for years. Now, betting on international lotteries can be done with e-currencies. The digital nature of the modern gambling industry also means that casinos are one of the main industries where BTC can see its full advantage.

Travel

Believe it or not, the crypto revolution also entered the travelling industry with the main advantage of having a truly borderless form of currency for both businesses and consumers. The blockchain news showed many examples of big travel brands accepting the technology – and the same could happen to Bitcoin soon.

Examples include Winding Tree and Noah Coin, both of which are projects that credited blockchain and crypto with allowing them to avoid charging customers commission fees, thereby keeping their services more affordable.

Property

Last but not the least in the main industries accepting crypto is property management. A lot of people are already listing their properties exclusively in Bitcoin (BTC), Litecoin (LTC) or Ethereum (ETH) – especially in the tech-heavy regions such as the Bay Area, Greater London and Silicon Valley.

Even though crypto is still seen as the upper end option of the global property market, this may change soon as more consumers turn to e-wallets.

DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at editor@dcforecasts.com

Continue Reading
Comments

Altcoin News

WaBi Guide: The Youngest Class Of Cryptocurrency Explained

Published

on

By

Wabi guide
Wabi is one of the younger generations of cryptocurrencies and facilitates purchases on the Walmai platform by filtrating the original and counterfeit products thanks to its anti-counterfeit technology. In our Wabi guide today, we will discuss why this coin exactly is gaining traction because of the claim to free the ecosystem of fake goods. Wabi is an open platform that provides support for the anti-counterfeit system and the cryptocurrency is denoted by the symbol WABI. The total supply is 99.2 million WABI and it is used as a unit of exchange in the protected goods ecosystem. The pre-ICO started on the 28th of July while the main ICO launched on 28 November 2017 with a price of 0.25 USD per token. The Wabi guide will also show you what the crypto is used for. For example, it can be used to avail special discounts and improve the delivery terms and bonuses with the purchases. It will use the Radio frequency identification and the near field communication as a base for the counterfeit technology. The project is based in Singapore but the main activities happen in China. It has made special provisions in order to comply with the rules of China. The platform was co-founded by Alex Busarov and Yaz Belinskiy who aimed to expertise the engineering and sales marketing team and to boost the Chinese market. The Walimai label is put on all of the goods that are moved through the designated point of origin along the supply chain and the label will connect the good with the digital representation in the cloud that contains a unique ID, geographical data and dynamic code. The consumers can review the data by simply scanning the Walmai app and set the digital objects stored in the cloud which will be sent for public verification. The results of this process will be delivered to the consumer and the consumer can verify the authenticity of the product in order to get relevant information. WaBi blockchain provides a secure method to verify the product through geo-stamping and through its distributed record verification which cannot be modified by the creators. The platform offers a few interesting features which make it unique from most other cryptocurrencies. The crypto doesn’t want to be a store of value or a computer of sorts but it simply has a goal to act as a tool to fight fake products and ensure authenticity.
`
Continue Reading

Altcoin News

Decentraland ICO Crypto Finally Opens After Three Years

Published

on

By

decentraland ico
Almost three years after the Decentraland ICO Cryptocurrency of the platform is now finally opened as a virtual world where the participants can buy and sell fake land and construct buildings so let’s read more about it in the following ICO cryptocurrency news. Over the past ten days, Decentraland ICO games have bought more than $1 million worth of digital anchorage on the Ethereum virtual reality product as per the Bloomberg reports. All of the Decentraland users will be able to use the project’s native crypto asset MANA as a payment in the game. While the platform conducted the ICO cryptocurrency in 2017, it managed to raise up to $20 million by selling its MANA token. The reminiscent of the popularity that was seen initially in the Crypto Kitty games in 2017, Bloomberg reported that the Decentraland digital land now has more trading activity than any other Ethereum-based asset according to the data from NonFungible. Etherscan, on the other hand, shows that Crypto Kitties are still at the top of the non-fungible token tracker list with Decentraland staying at the thirteenth position. Classified as non-fungible tokens or NFTs are not the same so they cannot be mutually exchangeable. The decentralized autonomous organization or DAO which is built on the Ethereum network keeps tabs on Decentraland by ensuring the whole operation working as planned. The developers are paid and there’s not a main human intervention for constructing the game’s inner work. The project head Ari Meilich explained:
 “The users are in control of the digital assets, which is something that hasn’t happened before. I think that over time players will gravitate toward games where they are more in control.”
As per the other Decentraland news, HTC announcing that the altcoin MANA will be their strategic partner, MANA spiked almost two times against the US dollar. For those of you who are asking themselves why these unique crypto assets are part of HTC and Samsung’s plans, the truth is that both smartphone manufacturers believe that their potential exceeds the realm of payments and goes above and beyond the popularized cryptocurrencies in the likes of Ripple, EOS, Litecoin, Stellar and TRON.
`
Continue Reading

Altcoin News

0x Developers Launch Liquidity Aggregation Tool: Report

Published

on

By

0x developers
The 0x Developers team which is basically a decentralized exchange protocol, launched a new product for aggregating liquidity for different decentralized exchange networks but mainly for the Ethereum-based exchange protocol as we are reading further in the 0x news below. The 0x protocol was established in 2016 and allows for the peer to peer exchange of assets on the Ethereum network. The protocol has seen more than $750 million in total volume and more than 30 projects being built upon it according to the website. The 0x developers and the entire core team upgraded the protocol to version 3 which includes a set of bridge contracts that will enable liquidity aggregation for the 0x as well as other DEX networks. The new product utilizes the bridge contracts and enters the liquidity pools of both on-chain DEX networks such as MakerDAO’s Oasis and off-chain DEX networks such as 0x. The marketing lead Matt Taylor explained:
 “There are tons of projects that use the liquidity from individual DEX networks, but the liquidity isn’t connected. Our goal is to provide the best price for any token trading pair on the market...it’s pretty much guaranteed with 0x API because we’re just pulling from networks that have the best prices.”
For example, while 0x is quite liquid when it comes to popular trading pairs such as DAI and ETH or USDC to DAI, he says that there’s a lack of liquidity on other coins such as Augur that could be more liquid on another network. 0x wants to solve this problem by creating an order that will be split between all DEX networks and returning back the best price there is. With only a few code lines, the 0x developers can now connect to the API and get a quote in the back end so they will be able to execute the transaction at the best prices. Taylor continued:
 “We want to be the most liquid decentralized exchange, but we also want to provide developers the best price. If that’s not on 0x native liquidity, we’re happy to give them on Kyber, for example, because that’s a better developer experience. ‘’
0x API does not have a bridge with dYdX which is a margin lending exchange that started sourcing liquidity from 0x in 2019. The platform has a closed pool as Matt explained so while the maker that uses 0x API could potentially make an order on the margin trade on dydx, there is not a single possibility on the taker side to fill dydx trades via 0x API.
`
Continue Reading

Altcoin News

Turkey Is Becoming One Of The Best Locations For Blockchain And Crypto

Published

on

By

turkey is
The country of Turkey is making huge strides towards becoming one of the best locations for blockchain and cryptocurrency adoption. The latest cryptocurrency news show that this is a nation that has often been seen as a key strategic partner to the world's biggest and most influential countries mainly because of its positioning between east and west. These are some of the reasons why Turkey is becoming the central hub for this nascent industry. What's very interesting is that the country had its inflation levels at 25% as of October 2018, shortly after the US sanctions crippled an already struggling Turkish economy which failed to recover from the 2016 coup attempt. All of this coupled with the low interest rates and an upcoming debt crisis led to a hugely volatile lira which is forcing Turks to look elsewhere to generate profits. A bright ray of opportunity is now presented as Turkey is settling in a prime position to capitalize on its passion and enthusiasm for the technology. In fact, 2020 is set to be the year that catapults the Turkish ambitions onto the global stage. Later this year, reports show that Turkey is expected to launch a digital lira dubbed "Turkcoin" while the Capital Markets Board is set to provide clear regulation of cryptocurrencies, offering a safe and regulated environment to launch and incubate projects. The research made by ING also found that Turkish people are already using and investing in cryptocurrencies more than people from any other country in Europe. The Turks apparently have a strong relationship with cryptocurrencies and an enthusiasm about using them. According to the survey in the blockchain news, Turkey is helping drive the adoption of both cryptocurrencies and their underlying blockchain technology. Turkish people also reported very positively towards cryptocurrencies - even 62% of them are positive about the future use of crypto. This compares to 24% of Brits and 20% of Germans and is double the 31% recorded for the United States citizens' attitude towards this technology. In addition to this, when asked if traditional banks should offer current accounts in crypto, a massive 63% of Turkish people agreed which is three times the number of Brits who felt the same way.  
`
Continue Reading

Newsletter

For Updates & Exclusive Offers
enter your email below





NEWS CATEGORIES

ADVERTISEMENT

cryptocurrency review
FO5F93F47156 - The Main Industries Which Are Expected To Propel Crypto Growth In 2020

ADVERTISEMENT

Medium Rectangle 300 200 2 Animated - The Main Industries Which Are Expected To Propel Crypto Growth In 2020

ADVERTISEMENT

oasistrade banner

ADVERTISEMENT

300 250 - The Main Industries Which Are Expected To Propel Crypto Growth In 2020
FO710FC3F2305 1 - The Main Industries Which Are Expected To Propel Crypto Growth In 2020

ADVERTISEMENT

300 600 3 - The Main Industries Which Are Expected To Propel Crypto Growth In 2020

Trending Worldwide