Article: How DeFi Paves the Way for Financial Inclusion

Decentralized Internet, Innovation, Money

How DeFi Paves the Way for Financial Inclusion

According to the World Bank’s report from 2017, approximately 1.7 billion people worldwide don’t have a bank account today.

Not having access to this fundamental financial instrument is the main factor that stops them from realizing certain everyday functions. However, decentralized finance (DeFi) was created to meet all the requirements and demands of traditional banking — security, privacy, and accessibility — in a new way.

By transferring financial operations onto the blockchain, people will only need a smartphone or portable PC and a stable Internet connection to access the global financial system 24/7. How’s that for a step in the right direction?

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Article: Is Blockchain the Future of Esports?

Blockchain, Digital Content, Innovation

Is Blockchain the Future of Esports?

Trust is a major issue in the online world. Cases of game developers who are never paid are common in the modern world. Blockchain provides the perfect platform where game developers can interact with their clients in real-time.

Smart contracts also come in handy when distributing prize money between the organizers and game developers. The transparency of the blockchain networks also makes players comfortable engaging in such tournaments as rigging cases are eliminated.

eSports and Blockchain seem like a match made in heaven. However, we are still to experience all the benefits that Blockchain can have on the eSports sector. Even though eSports is getting mainstream, we are yet to see the coverage that is supposed to get

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Article: Caruso’s Latest Development: Connecting With Cryptocurrency

Blockchain, Crypto, Innovation

Caruso’s Latest Development: Connecting With Cryptocurrency

“I believe bitcoin and cryptocurrency will play an important role in our collective future, and working with Gemini now will bring unparalleled experiences and pioneering technology that add real value to our guest experience,” Caruso added. “We envision a myriad of opportunities where we can better engage our guests and enhance their experience on our properties like introducing blockchain-enabled rewards and enabling cryptocurrency payments. Partnering with Gemini on consumer applications will bring endless options, but we also see a future of how this technology will bring people together.”

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Article: What is bitcoin? Why the digital currency became popular

Crypto

What is bitcoin? Why the digital currency became popularWhat is bitcoin? Why the digital currency became popular

BITCOIN ($ BTC) had its origin as open source software (Open Source), presented by “Satoshi Nakamoto”, alias of a programmer or group of programmers whose motivation for its development was the economic crisis of 2008 – 2009, specifically the decision to print money for the rescue of banks after the credit and stock market crisis of the real estate bubble.

Bitcoin is known as the first cryptocurrency of the more than 2,000 that exist today, independent of any government authority (decentralization), its production is completely digital, subject to an issuance limited to 21 million Bitcoins .

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Article: How Does the Cryptocurrency Market Work?

Blockchain, Crypto

The cryptocurrency market is growing overallHow Does the Cryptocurrency Market Work?

Cryptocurrency is more than a trending investment vehicle. Since emerging, the crypto market has become a major market for investors seeking rapid appreciation. Those willing to deal with the volatility of a decentralized currency have found mammoth gains in the likes of Bitcoin and other such crypto assets. For many, however, crypto is still something of a mystery.

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Article: How Is Cryptocurrency Taxed?

Blockchain, Crypto

How Is Cryptocurrency Taxed?How Is Cryptocurrency Taxed?

Crypto taxes are based on a 2014 IRS ruling that determined cryptocurrency should be treated as a capital asset (like stocks or bonds), rather than a currency (like dollars or euros). This decision has major ramifications for people who own crypto, as it opens them up to more complicated taxes.

Capital assets are taxed whenever they are sold at a profit. When you purchase goods or services with cryptocurrency, and the amount of crypto you spend has gained in value over what you paid for it, your spending incurs capital gains taxes.

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