CryptoTraderNews Archives - Page 20 of 20

WednesdayApr 17, 2019 9:37 am

Ripio Credit Network

Ripio Credit Network (RCN) is a blockchain based credit network that connects lenders and borrowers all over the world. RCN uses smart contracts for the transactions that are performed on its network, which are catered through its own RCN tokens. Launched in 2016, the platform is based upon Ethereum. As such, the RCN token is an ERC-20 token. The RCN token has slowly inched upward over the first half of 2019. What Does Ripio Credit Network Aim to Do? Ripio aims to cut through the middlemen and the costs that are associated with them in the lending world. By facilitating…

TuesdayApr 16, 2019 1:16 pm

Bermuda to be Considered Crypto Paradise Very Soon

Here at CTN, we recently began investigating the top crypto-friendly countries in the world today and while we’re covering quite a few, not many stand out quite as much as Bermuda. Bermuda’s favorable tax rates and spectacular island lifestyle attract both major corporations and individuals with high net worth, reportedly providing the country with the highest GDP per capita in the world. It’s a renowned tax haven, with neither any corporate, income, wealth, capital gains, or VAT taxes and only has a minimal payroll tax. However, Bermuda does have high consumption taxes on both goods and services, as well as…

MondayApr 15, 2019 1:14 pm

Why the Transportation Industry Is Looking at Blockchain

The transpiration and logistics industries are currently looking at new ways to use technology to enhance their day-to-day operations. One way they plan to achieve this is by combining Internet of Things (IoT) devices and blockchain technology as a means to maximize efficiency and productivity. Logistics companies can use blockchain to track inventory as it moves across the country, while blockchain can help municipalities with monitoring and regulating traffic patterns. Traffic lights and vehicles can be added to the IoT, where they send data to the blockchain network in real-time. This information can be used by municipalities and other government…

FridayApr 12, 2019 10:02 am

DLive Partners With Prime YouTuber PewDiePie for Exclusive Streaming

YouTube, the world’s prominent video sharing platform, may have just lost one of its most famous stars to a blockchain platform. As reported by Variety and Deadline, PewDiePie, who is nearing a 94 million subscriber base on YouTube, has recently signed an exclusive deal with blockchain streaming platform DLive. In a press release that highlighted the collaboration as “one of the biggest live-streaming deals to date”, DLive mentioned that the Swedish former YouTuber will be migrating to the blockchain platform, where he will be streaming weekly. The famous YouTuber, who is known for his significant fan following, is due to…

ThursdayApr 11, 2019 10:37 am

How Brexit will Affect Crypto

The UK withdrawal from the European Union, otherwise known as Brexit, has been in the headlines off and on for months now. While there has been much speculation regarding what it will mean for various companies, industries, governments and countries, the general consensus seems to be that it could mean good things for cryptocurrencies. Markets have been greatly unsettled by the increasing disunity within the EU ever since British citizens voted to exit the E.U. This has spiked volatility across various British and European bond and stock markets as well as with the British Pound. Since Brexit appears to be…

WednesdayApr 10, 2019 9:44 am

How Blockchain Could Revolutionize the Agriculture Industry

Continuing our series this week on industries that are either currently benefiting from blockchain or are looking into the possibilities, today we’re plowing our way into agriculture. Long considered an industry with few aspects that aren’t long overdue for a revamp, blockchain is already being utilized for real-time data on crop quality and many believe that it may be the answer for the entire agricultural supply chain. A decentralized ledger could provide real-time communication between all involved in the supply chain. Whether it’s used to accurately clock the hours of machine usage for better maintenance, schedule more efficient harvest times,…

TuesdayApr 09, 2019 10:51 am

How Blockchain Is Changing Networking and the Internet

Blockchain technology is expected to take the Internet of Things (IoT) industry by storm, but why? For starters, blockchain technology and smart devices are two of the most innovative developments in the past decade. But there’s more to this partnership than innovation—blockchain stands to add real value to IoT gadgets thanks to it’s decentralized, distributed network. The addition of blockchain to IoT devices removes the need for data to travel through a centralized location. Instead, information can be distributed across the blockchain’s decentralized network. This comes with a few advantages: A decentralized network removes the chance of a single point…

MondayApr 08, 2019 1:23 pm

Tron Acquires Blockchain App Store Coinplay

Tron Foundation, which oversees the Tron cryptocurrency network, announced on March 28, 2019 that it has acquired blockchain app store Coinplay. Coinplay has the distinction of being the first comprehensive app store that deals in the blockchain sector. Based on the functional structure of Google Play, with a similar name as well, Coinplay acts as a marketplace for blockchain based apps created by various developers. A platform such as Coinplay aggregates blockchain applications and OS agnostic. The platform simply focused on blockchain applications and DApps. Why Did Tron Acquire Coinplay? The Tron Foundation has been active in acquisitions in the…

FridayApr 05, 2019 2:32 pm

Ethereum Mining Explained

While completely explaining the ins, outs, pros, cons, dos and don’ts of Ethereum mining would take an entire eBook (I know from personal experience), I wanted to take a dive into the Ether and break it down some for you. First, we should talk a little about Ethereum’s blockchain. While it’s not very surprising, the Ethereum block basics are quite similar to Bitcoin’s — For each block of transactions, the miners run the block’s unique header metadata, which includes the timestamp and software version, through a hash function that returns a scrambled, fixed-length string of letters and numbers that appears…

WednesdayApr 03, 2019 9:43 am

UPS Seeks Evolution: Turns to Blockchain

Global logistics firm UPS recently announced that it is partnering with e-Commerce and blockchain solution provider Inxeption. It was revealed that the global supply chain behemoth will work with Inxeption to create a platform that conducts several functions with a focus on transactions and logistics. “Streamline transactions and logistics from a secure dashboard.” Allow “merchants to manage all aspects of selling and shipping from one place.” Provide customers with the option to “receive reliable and shipping and tracking services from UPS”. The service will be aimed at B2B merchants who will be able to set up, sell, and ship products…