Category Archive : Other Cryptocurrency

Ripple SEC lawsuit Affection Crpstocurrency Adoption

Is Ripple SEC lawsuit Affection Crpstocurrency Adoption?

The USA Securities and exchange fee filed a lawsuit against cryptocurrency platform Ripple, its CEO, and its chairman, for orchestrating securities fraud well worth $1.3 billion. In Ripple SEC suitlaw. The SEC stated Ripple illegally advertised XRP, the sector’s third-biggest cryptocurrency, to retail customers Its miles critical to understand that the Ripple SEC lawsuit is likewise against Ripple CEO Brad Garlinghouse and Ripple co-founder Chris Larsen. Ripple engaged in the illegal securities offering from 2013to the present, even though ripple received legal advice as early as 2012 that under circumstances XPR could be considered an investment contract therefore the security under the federal securities laws. Ripple and Larsen ignored this advice and instead elected to assume the risk of initiating a large-scale distribution of XRP without security registration.

  • Currency is a system of money.
  • Security is something you trade your money. Itis a financial investment contract.
  • IOUS are the tokens that can be stored on a ripple wallet.

What is going to take place at XRP?

There is one issue that traders do not like and this is uncertainty. This lawsuit against Ripple will probably drag on for a 12 months or greater. Ripple SEC lawsuit until the SEC fit in opposition to Ripple is resolved, XRP might be one of the most unsure investments in cryptocurrency. At the moment, the backlash has been arguably tame given the information stated inside the healthy. This is because XRP is one of the maximum traded cryptocurrencies and speeding to delist it as a change is an awful name at this factor in time. However, this will alternate as time marches on.

Cryptocurrency:

“A Cryptocurrency is the modern virtual medium of alternate. Its miles a new decentralized, confined and

Peer–to–peer fee machine. Maximumcrypto currencies are created to introduce new devices of foreign money, whose total amount is limited.  Cryptographic key makes Bitcoins secure.”

The aspects which might be routine in these kinds of definitions is the truth that a cryptocurrency:

  • Is a decentralized network
  • Peer‐to‐peer
  • uses the internet network
  • makes use of public‐key cryptography

Bitcoin adoption

The reality that Bitcoin isn’t always backed by governments and additionally has no essential value has created confusion within the famous dialogue about how trade costs are decided. The primary contribution of this paper is to reveal that Bitcoin trade quotes can be fully decided through two market fundamentals: the steady kingdom transaction volume of Bitcoin whilst used for bills, and the evolution of ideals approximately the probability that the era survives. In the regular nation, change fees are decided by means of the ratio of transaction extent to the delivery of Bitcoins. In the absence of enough participation by buyers, the alternate fee additionally relies upon the rate of bitcoin adoption and the extent of call for. In our model, exchange prices increase over time till they reach a constant state in which all applicable users use the generation when they have a need that suits Bit coin’s use instances.

The first examines the relationship between transaction volume and change rates through the years, showing that alternate charges normally follow a pattern steady with fundamentals outside a few durations of fee spikes. For this reason, at the least directionally, the forces of supply and demand look like operating.

We then examine user adoption and conduct. We show that bitcoin adoption ownership is tremendously concentrated and that most effective a small fraction of customers fall into the category of the lengthy-time period, common users, maximum customers handiest do a small number of transactions.  Bitcoin and less sensitive to cutting-edge transaction extent for its own sake.

Purple coin

Purple Coins – New Cryptocurrency 2021

Crypto Art Coin

Over the years, people have been loving, following, and stocking crypto. It is the perfect time to wear it in the form of funky, stylish jewelry. Isn’t it hard to understand? Let us make it simple. Now you can show your immense love for Artists by investing in this unique art-loving new cryptocurrency. Its specialty is, it shares a significant part of its business with the Arts and Music industry. The financial instrument that functions in the Purple Throne ecosystem is termed as PurpleCoin denoted by PPC. The current market value of one Purple coin is 4.01 US Dollars.

How can you earn through Purple Coins?

Also called Extremely Lovable Crypto, this art coin is available in a unique and substantial form known as a jewelry medallion. The value of this new cryptocurrency is directly related to PurpleThrone assets, app, IP, website, copyrights, and fresh artists. You can exchange PPC for regular cash. With the rise in Purple Coin’s value, your cash value will also increase.

What makes PPC unique?

The flood of brand new digital currencies in the market makes it harder to choose among them and pick the right fit.

What would you rather choose?

  1. Making the right decision
  2. Taking a decision and making it right

In the case of Purple Coins, both options will do just fine. The reason being, even if the market of this coin is not growing rapidly, you have still made an investment for the flourishing of Music and Arts. Moreover, the custom made elegant pieces of valuable Medallion jewelry accompany you everywhere as solid proof of your backing. PurpleThrone gives you amazing chances to win royalty payments with music streaming. Regulation of this earning is powered by the legendary PurpleCoin. The benefits are distributed to medallion owners and independent artists. Guess what? You get an additional bonus each time when your content hits the top 20 lists. For #1 ranked artist, the increment rate is equal to  0.076 PPC per week and for #20 it is 0.0009 Purple coins. You can monitor your progress on the basis of metric score achieved by the amount of traffic you get. PurpleThrone app is available on App Store for free and provides access to unlimited music. Moreover, PurpleThrone protects your content privacy and owns a proper copyright claim system.

Multi-Use Medallion Collection

It is nearly impossible to constrain the aesthetic features of Medallion items in a few lines. Available in different varieties with a variable price range, kin medallion has already made its way to inspire the majority of people out there. The collection is of several types involving:

  • Ultimate Medallion (Collection)
  • Gold and Black Medallion Privilege(Edition)
  • Fire Medallion
  • Rose Gold Collection
  • Privileged Edition of Medallion
  • Elite Medallion
  • Gold Edition of Medallion

CONCLUSION

PurpleCoin is an ideal choice for those who want to earn by investing and will love to make their part in fine Arts. There are no such potential risks plus you own the charming jewels as an illustration of vector designs, commitment to fine arts and speculation.

 

EVOLVE INTO SOMETHING GREAT

Multi Cryptocurrency Wallet Provider

Multi Cryptocurrency Wallet Provider

Multi cryptocurrency wallet development refers to those wallets that support more than one cryptocurrency. It is equipped with features like two-factor authentication, auto denial of duplicate payments, decentralized trading, and an exclusive QR code scanner for the users. Overall, multi-currency wallets are universally compatible, non-custodial, easy to access, safe, and secure.

The Benefits offered by Multi Cryptocurrency Wallet Development

  • A user can access multiple types of digital currencies from a single wallet, and he need not maintain multiple wallets for storing different currencies which reduces complexity, saving time and costs significantly. A spectrum of crypto coins and tokens will be available.
  • Every single session entered into by the user is automatically logged out post the completion of the users’ activity. This ensures that the user’s funds and accounts are kept secure from hackers and phishers.
  • Inflation-free investment is ensured for the users due to the limited supply of the cryptocurrency. This guarantees greater returns than traditional investments.
  • The Cryptocurrencies of the users can be protected against software failure by having a backup in advance.
  • Real-time push notifications will be sent to the users whenever there is any change in the prices of Cryptocurrencies in the market. This leads to better decision making by the users while initiating investments.
  • The risks of chargebacks are completely avoided as there is an auto rejection option in-built to prevent any duplicate payments made by the users.
  • API’s are integrated with the leading crypto exchanges in the market and users can either buy or sell their desired cryptos without the need to leave the platform.
  • It accepts multiple payment methods like bank transfers, wire transfers, debit cards, and credit cards.
  • Cross-platform compatibility is ensured as the multi-cryptocurrency wallets can be used on Android, iOS, Windows, and Linux platforms. Secure and flexible infrastructure is created for seamless access from any device for the user.
  • Automatic conversion is ensured and the best rates are provided for converting the users’ cryptocurrencies into fiat currencies like USD, GBP, Euro, and AUD.
  • Users can monitor their activity on a real-time basis by keeping tabs on their current transactions being executed and can view their transaction history at a glance.
  • Geography-based KYC verification ensures that only an authenticated and legitimate user base uses the multi-cryptocurrency wallet ensuring legal transactions. This also fortifies the security of the user’s funds stored in the wallet.
  • OTC (Over counter trading) is also facilitated enabling direct and secure trading between different users with minimum latency.
  • Multi-signature support is rendered where the owner can assign two co-signers to approve a withdrawal request when the amount exceeds the limit set by the owner.
  • Biometric authentication through facial or fingerprint recognition ensures that the users are authenticated thoroughly every time they execute a legitimate transaction.
  • A 12-word mnemonic phrase is used to replace the private key for the management of the digital assets owned by the users. This ensures secure processing of transactions and also allows hassle-free wallet recovery in case the app is moved to another device or deleted by the user.

Types of Multi Cryptocurrency Wallet Development

  • Web wallets – They can be accessed by the users on their websites and the assets can be managed with the help of an interactive interface. It operates online and requires a strong internet connection.
  • Mobile wallets – With an increasing need for portability, mobile wallets can be easily used on your smartphones through an app. This ensures better accessibility. It supports QR code scanning by automatically scanning the wallet addresses of the users for faster payments.
  • Desktop wallet – It can be used via a desktop computer or a laptop. It provides a robust environment for storing your cryptos safely. No energy supply is required. It does not depend on any third-party servers for storage and manages it by allocating private keys for the users.
  • Hardware wallet – It is secure when compared to the other multi-currency wallet development methods as it remains completely offline. It is easier to maintain and control than paper wallets and also handles forks better. Powerful security measures are present to store cryptos safely.

Hence, this is the right time to accelerate your organization’s growth by allocating resources for multi cryptocurrency wallet development. Get a customized white label solution that can be launched in the market in a short while.

 

markaccy

Markaccy’s Decentralised Digital Health Systems Reformation

The core aim of digital transformation is to utilize technology in creating faster and smarter solutions to practical problems. Healthcare is a crucial sector where the faster and smarter solutions provided by digital technologies have a strong impact. In economies where poor healthcare systems translate to low life expectancies and death from curable diseases, digital technologies can help reduce death rates through a focus on preventive healthcare. This has already begun to show positive results, as in previous years, Africa had experienced high mortality rates numbering to over 38 million deaths from Non-Communicable Diseases, and the use of mobile technologies in proliferating preventive healthcare has reduced this number. Another practical illustration is the ReMIND Programme which used mHealth applications to reduce maternal deaths (16.4%) and infant deaths (5.2%) over a 10 year period in the Uttar Pradesh region in India.

Digital health systems are built with digital health platforms, digital diagnostics and digital health innovations as tools for delivering healthcare. Digital health platforms explore means of this healthcare delivery, such as mobile applications and blockchain-enabled decentralised apps. Digital diagnostics cover medical diagnosis from data analytics and medical research. Digital innovations explore inventions that support preventive, curative, and diagnostic healthcare, like blockchain electronic health records. These are the core components of connected health or technology-enabled health.

There is, however, so much that blockchain can achieve with digital health systems. Blockchain brings with it the advantage of transparency and decentralisation in peer-to-peer interconnectivity, eliminating the control that centralised hospitals have in managing patient data and relinquishing control of this data to patients on the blockchain, thus enforcing the importance of data privacy which is a critical aspect of trust. Also, blockchain provides access to Non-Emergency Medical Transportation, which is a response to people missing appointments due to a lack of reliable transportation to medical facilities, especially for patients who live in remote areas. This helps to save money from missed appointments, which is an addition to the already familiar advantage of cost-cutting solutions that blockchain offers.

Markaccy, a Blockchain Technology Company that operates a service-based marketplace model, is looking to expand operations in decentralised digital health using blockchain. Markaccy sees its decentralised Digital Health Systems Project as a crucial component to its Digital Economy, but the Digital Health Systems create a unique opportunity to generate immense value by demonstrating the power of blockchain to end-users.

Transforming Traditional Medical Centres into Decentralised Digital Health Fortresses

There are two common health models in the health industry. There is a traditional health model run by conventional hospitals. These hospitals are walk-in centers for face-to-face consultations and treatments. Some might have digital systems to support their conventional models, whilst other unequipped hospitals function purely as traditional models.

Then, there are digital models set-up purely to disrupt conventional models. These are hospitals without beds that are purely digital, with doctors, nurses, and other health practitioners connected to laptops and iPads and connecting with patients. An example of this model is the Mercy Virtual Hospital which goes as far as donating iPads to patients. Doctors can check vital signs of patients through iPads and also give diagnosis on health conditions. Markaccy’s Decentralised Digital Health Systems Reformation

The core aim of digital transformation is to utilise technology in creating faster and smarter solutions to practical problems. Healthcare is a crucial sector where the faster and smarter solutions provided by digital technologies have a strong impact. In economies where poor healthcare systems translate to low life expectancies and death from curable diseases, digital technologies can help reduce death rates through a focus on preventive healthcare. This has already begun to show positive results , as in previous years, Africa had experienced high mortality rates numbering to over 38 million deaths from Non-Communicable Diseases, and the use of mobile technologies in proliferating preventive healthcare has reduced this number. Another practical illustration is the ReMIND Programme which used mHealth applications to reduce maternal deaths (16.4%) and infant deaths (5.2%) over a 10 year period in the Uttar Pradesh region in India.

Digital health systems are built with digital health platforms, digital diagnostics, and digital health innovations as tools for delivering healthcare. Digital health platforms explore means of this healthcare delivery, such as mobile applications and blockchain-enabled decentralised apps. Digital diagnostics cover medical diagnosis from data analytics and medical research. Digital innovations explore inventions that support preventive, curative, and diagnostic healthcare, like blockchain electronic health records. These are the core components of connected health or technology enabled health.

There is, however, so much that blockchain can achieve with digital health systems. Blockchain brings with it the advantage of transparency and decentralisation in peer-to-peer interconnectivity, eliminating the control that centralised hospitals have in managing patient data and relinquishing control of this data to patients on the blockchain, thus enforcing the importance of data privacy which is a critical aspect of trust. Also, blockchain provides access to Non-Emergency Medical Transportation, which is a response to people missing appointments due to a lack of reliable transportation to medical facilities, especially for patients who live in remote areas. This helps to save money from missed appointments, which is an addition to the already familiar advantage of cost-cutting solutions that blockchain offers.

Markaccy, a Blockchain Technology Company that operates a service-based marketplace model, is looking to expand operations in decentralised digital health using blockchain. Markaccy sees its decentralised Digital Health Systems Project as a crucial component to its Digital Economy, but the Digital Health Systems create a unique opportunity to generate immense value by demonstrating the power of blockchain to end-users.

Transforming Traditional Medical Centres into Decentralised Digital Health Fortresses

There are two common health models in the health industry. There is a traditional health model run by conventional hospitals. These hospitals are walk-in centres for face-to-face consultations and treatments. Some might have digital systems to support their conventional models, whilst other unequipped hospitals function purely as traditional models.

Then, there are digital models set-up purely to disrupt conventional models. These are hospitals without beds that are purely digital, with doctors, nurses and other health practitioners connected to laptops and iPads and connecting with patients. An example of this model is the Mercy Virtual Hospital which goes as far as donating iPads to patients. Doctors can check vital signs of patients through iPads and also give diagnosis on health conditions.

Markaccy’s Digital Hospital Transformation Model

Markaccy focuses on something different. First, it aims to set up a hospital running a traditional model, with beds, walk-in appointments and consultations and face-to-face treatments. Then ultimately, over time, it will convert this traditional model Hospital into a purely digital Hospital without beds. The aim of this procedural transformation is to embark on an experiential journey of learning, and to leverage on invaluable firsthand knowledge of the process of converting traditional models into digital models, which will be crucial for Markaccy’s Digital Economy. Despite the resource intensiveness it will command, a conversion from a traditional model healthcare system into a decentralised Digital Health System powered by blockchain will yield both long term benefits and economies of scale.

To achieve this transformation, Markaccy will embark on the following steps:

1) Improve Research, Data Collection and Databases: The very first step, after set-up of hospitals in target geographical locations of Africa, South-East Asia and Central America, is the improvement of research and information management, and building databases to support data storage and distribution. Data distribution will include sending preventive health tips to patients phones, and this is feasible because 2G networks covered 90% of the population of sub-Saharan Africa, and 60% of the sub-Saharan African population should be covered by 3G networks in 2025. This is the very first step to going digital, which will incorporate data analytics and management. A huge part of this research will also include collaboration with respective agencies on the need for migration into digital systems in a reliable public-private partnership which will not only quicken this transition, but will also ensure for ease of data collection and distribution, and also improved research.

2) Enable Blockchain Electronic Health Records: This is another crucial step which involves the gradual integration of clinical data into the blockchain, so it can be accessed from decentralised peer-to-peer points. To attain this point of management of Electronic Health Records, Markaccy will need to have attained streamlined and efficient management, and achieving the first step above will create the time for the efficient management alignment required.

3) Developing Required Supply, Value and Distribution Chains: Effective supply and value chains need to compliment a digital system. At this stage, Markaccy will begin to implement strategies to connect patients in remote and inaccessible areas. There will be a need to also create strategically distributed access centres for curative care and treatment, as well as proliferate retail clinic models in chosen partner supermarkets to improve accessibility to healthcare. The retail clinic model will work efficiently after Electronic Health Records(EHR) has been set-up and embedded into Markaccy’s Blockchain.

4) Creating Lean Hospitals: The next step will be to create lean hospitals by replacing face-to-face consultations with consultations over mHealth and digital technology platforms. This will also be followed by reducing admissions to emergency cases. This is to save the patient time, improve doctor-patient relationship and reduce incidence of missed appointments which is cost-intensive.

5) Integrating Digital Health Systems into Decentralised Apps: This represents the final step in the overhaul of the traditional healthcare set-up into a decentralised Digital Health System. Patients, doctors, investors and training institutes will be integrated into a decentralised app where interaction is real time and peer-to-peer. Over time, the aim is to expand the integration of other hospitals into Markaccy’s blockchain, enabling a wider reach and thus creating more value. Markaccy Hospitals will have no beds at this point, and the focus will be on managing digital interfaces and resources, which will all be connected to the blockchain.

The need to undergo this transformation from traditional health systems to decentralised digital health systems will become a strong source of experiential learning for Markaccy and will establish decentralised digitalisation as a strong competence which is invaluable as a resource for future projects. And like other digital components which Markaccy aims to strengthen, this is how Markaccy’s Digital Health Systems will be strengthened in the journey of creating a Digital Economy.

Indodax indonesia

All You Need to Know About Indodax!

Indodax, previously known as Bitcoin Indonesia, changed its official name on 14th March 2018. It’s Indonesia’s largest crypto asset market – the fastest, easiest, and secure of all, that allows you to trade your crypto assets including Bitcoin, Ethereum, Ripple, and many more! Currently, the Indodax market enjoys over 19 million users who are expected to increase even more with its popularity over time. Because the deposits of Indonesian Rupiah can be executed immediately, it is widely popular among the Indonesians. You may expect the withdrawals to take hardly a day! Similarly, until November 2019, the exchange has got over 64 coins and 75 trading pairs.

Indodax Offers Its Services 24/7 Everyday

One of the best things about this digital crypto exchange is that it offers its services 24/7. Even if its some holiday and you have to do some important crypto errand e.g. during Christmas or Thanksgiving, then don’t you worry! Indodax has got your back! It’s there to help you with making all kinds of transactions! One other advantage that you gain in this exchange is its focus over increased security, simplicity, and speed and that’s what most of the cryptocurrency traders look for in any trading platform. However, there’s bad news for US residents! The Indodax market is empty of the investors who reside in the United States of America. They may look for any other platform yet until they are offered the services from Indodax.

Easiest Trading Views on Indodax

Every exchange has its own trading view and you may never assume which one is the best. Thus, you have to look for the trading that suits you the best! All kinds of trading views usually have some aspects in common such as they all display the order book or at least some part of the order book, a price chart of the chosen cryptocurrency and order history, buy and sell boxes, etc. Thus, it’s always recommended to look into the trading view before you choose any trading view for yourself! Hence, Indodax also contains one of the easiest versions of the trading view where you may view the buy and sell interface that makes it easier for the crypto investors to understand everything; however, it may not be liked by the experienced traders for lacking some features that they look for!

What Features Does Market Indodax Provide You?

Most of the crypto traders show concerns over the inconvenience that they face while making transactions or doing some trade. However, the Indodax market is full of users who are satisfied with the mobile optimization that allows them to make their trade ongoing whenever and wherever they feel comfortable and get an opportunity. Moreover, the trading fee at market Indodax is quite minimal i.e. between cryptocurrencies at 0.00%. That’s truly incredible because very few exchange platforms do offer no-fee trading offers. Similarly, the Indodax withdrawal fee amounts only to 0.0005 BTC when you withdraw BTC and is below the industry average which gives it a strong competitive advantage against many other top crypto exchanges in the market. What other benefits does market Indodax enjoy? Well, every user account is subject to two-factor authentication, email, and SMS verification from Google Authenticator which ensures that nobody could access your account and the transactions are only validated by you! If you any own Indonesian bank, you will be able to make crypto-asset purchases in less than an hour or convert them into rupiah taking only one day! In addition, buying and selling of the transactions could be easily accessed through one account via a PC, tablet, or smartphone application anytime and anywhere that gives you the latest market updates, interactions with the fellow traders, and all information about your crypto assets at your fingertips. Indodax allows you to invest with your crypto assets starting from 10.000 IDR to get your maximum desired profit in return.

Things You Need to Know about BTC to IDR Indodax

Let’s understand how you can buy and sell BTC to IDR on Indodax, thereby making it easier for you to make transactions for trading or buying or selling your goods and services.

How You Can Buy Bitcoins with Indonesian Rupiah?

Let’s guide you about BTC to IDR Indodax and the mechanisms that it involves! First, we will guide you about how you can buy bitcoins with Indonesian rupiah using Indodax.

  • Login to your account on the Indodax platform.
  • On the main page, go to menu named “Marketplace” and select the option “BTC / IDR”.
  • Doing this, two options of purchase order types will appear in front of you i.e. Limit and Market / Instant.
  • If you choose to buy bitcoin using the Limit method, you will need to enter the amount in rupiah and purchase price that you want. Next, you will be asked to press the “Buy Bitcoin” button and make it done using the “OK” button once the message of confirmation appears.
  • Now if you want to buy bitcoin instantly, you will need to click on the “Market / Instant” order type. This method will however charge you a fee of 0.3% of the number of transactions as you are considered as a Market Taker. Next, enter the amount of rupiah you want, press the option “Buy Bitcoin” and click the “OK” button when confirmation appears.
  • Once your order becomes successful, the bitcoin balance will appear in your account balance by simply viewing the option “Bitcoin” on the “Wallet” menu.

Now one question may appear in your mind is can you buy bitcoin with some other currency excluding rupiah? Well no! Certainly not! The Indonesian regulations allow you to buy or sell your bitcoins through Indonesian rupiah. However, you may exchange your bitcoin to other crypto assets such as Litecoin, Dogecoin, Ripple, Stellar, etc. using the platform Indodax.com without being charged with some extra fee.

How You Can Sell Bitcoins with Indonesian Rupiah?

Must be waiting for this information right, if you are willing to sell bitcoins with rupiah? Don’t worry! We have also listed every single detail using step by step instructions in this article. What are you waiting for? Let’s go and understand how you can deal with BTC to IDR Indodax while selling the bitcoins with rupiah.

Well, to sell your bitcoins with Indonesian rupiah, all you need to follow the following steps!

  • Log in to your account on the Indodax platform.
  • Click the menu “Marketplace” and select the option “BTC / IDR” on the indodax platform.
  • You will be taken to the two choices of Sales Order Type i.e. Limit and Market / Instant.
  • If you choose to sell bitcoin using the Limit method, enter your target amount in bitcoin and the selling price that you want, next, click the option “Sell Bitcoin” and go to the “OK” button once the message of confirmation appears.
  • While if you want to sell bitcoin instantly, go to the option “Market / Instant” Order Type and click on it. This method will only charge you a fee of 0.3% of the number of transactions that you made, for you are considered as a Market Taker. Follow the steps with entering the amount of bitcoin you want to sell, press the “Sell Bitcoin” button and click the “OK” button once the message of confirmation appears.
  • Once the selling order is completed and successful, the Rupiah balance will increase in your account balance by going to the option “Rupiah” Assets on the “Wallet” menu.

Things You Need to Know Regarding CoinMarketCap Indodax

Indodax is best known for its remarkable features and convenient services to its users. It has started a program known as Community Coin Voting that helps you to determine the new coins or tokens eligible to be listed in the CoinMarketCap Indodax platform. It enables its new users to first register and then vote for their desired amount of coins or tokens.

Let’s Know About the Crypto Asset Registration and its Rules

To be a part of this program and get your crypto asset registered, you will need to be a verified member of Indodax. For registration, you will need to invest 100 TEN per Crypto Asset that will be deducted from your account balance.

Following are some other rules that you will need to consider before registering for a crypto asset:

  • Your project should not be violating the regulations imposed by Indonesia.
  • The registered project should be worth at least Rp 1.00.
  • Indodax Project must be registered on CoinMarketCap.
  • The project must be owned by a vivid identity.
  • The crypto asset must have a definite supply and circulation and must be seen in the blockchain network.
  • Indodax accepts only Ethereum Token, NEO Token, Stellar Token, Achain token, and Waves Token.
  • You must determine the number of security deposits for registering your crypto asset. The security deposit is usually 10 tokens that ensures the smooth running of the coin or token project for one year in the future and is applicable for only one time.
  • To be a winner, you will need to win a minimum score of 10000, etc.

Indodax is not bound to follow all these rules rather it may change the rules for Community Coin Voting next time.

Libra - Cryptocurrency By Facebook - low size

Libra Coin – A New Digital Currency Developed by FACEBOOK

Facebook has announced its cryptocurrency, Libra in past years which enables each and every individual to buy things and also to send money irrespective where the person is with ultimately zero transactional fees.

Libra is built on a very strong foundation in order to make transactions simple, easy, secure and safe. Libra coins can be stored in any third party crypto wallets or on facebook’s own Cablibra Wallet. This wallet will be associated with Whatsapp and Messenger very soon.

In the recent updates of Libra, Facebook released Libra’s white papers explaining details about its testnuts and transactional working procedure through the blockchain system in detail which will come into existence in the first half of 2021.

Anyways Facebook alone will not be controlling Libra as a signal entity but will be governed by Libra association members along with the Visa, Uber and Andreessen Horowitz who have invested more than 10 millions each in this project, according to a news report. The association members have promoted blockchain technology, which has become trendy in recent times because of its entry in bitcoin casinos.

Libra Blockchain is an open-source decentralized network which is programmed by a robust language “Move”. It is encoded in an understandable way even by the non-programmers and also mobile friendly. Businesses involved in libra payments will get extra benefits and discounts in coming years. This business strategy will reach billions of people in a very short run. Hopefully, Libra will get its place very soon and grab many users.

Our team from Winbtc.net has come up with an interesting and unique infographic on Libra Coin — a new virtual coin developed by Facebook to reach billions of people across the world. Hope you’ll like it, please share it with your family and friends.

BINANCE EXCHANGE

Top Five Cryptocurrency Exchange Technological Innovations

Cryptocurrency, which is sometimes referred to as digital currencies operate independently of any central authority or banks and it is permissionless to use, the transaction is open & available for people to see.

Because it is decentralized, government authorities such as the Judiciary, Authorities in-charge of taxation, and the central banks do not find it appealing because it cannot be taxed and they don’t have power to influence the transactions of traders/participants.

N.B: Cryptocurrencies Transaction cannot be cancelled, cannot be reversed and neither can it be disputed, This is the reason why newbies are advised to have someone who is experienced and careful to guide them whenever they want to carry out a transaction.

Cryptocurrencies can be obtained by buying/purchasing from a digital/crypto-currency exchange platform, The exchanger allows the trader to exchange their Fiat( paper currency) to Alt coins of their choice. The top five (5) cryptocurrency Exchange can be find below:

  • Binance
  • Bitmex
  • Kucoin
  • Changelly
  • Hobi Pro

Cryptocurrency Trading platform have their own shortcomings such as: scalability, Cybersecurity issues, price volatility and lack of inherent value, Regulations, and abuse of trust which traders place on the crypto exchange all for the sake of profits, user-friendly interface, these shortcomings cause traders to panic.

As more technological innovations are uncovered, binance works as a decentralized structure for its users. This makes it reliable for unlimited coverage worldwide. This implies that users can access the platform near the network and the business as a whole. Furthermore, the platform uses a decentralized node to create a broader public spectrum, thereby expanding the business and the platform.

WHAT IS BINANCE EXCHANGE?

Exchange is a trading platform with numerous functions that allow users to make smart trading decisions, reduce their costs and maximize their profits from each transaction made. The success of each project mostly depends on the team. The project team consists of numerous experts and various Blockchain professionals who have experience in the cryptocurrency world for many years. They will be able to bring the trading platform to a new level and offer a highly reliable and high-speed trading platform for traders.

In addition, binances functions as a centralized structure for its users. This makes it reliable for unlimited coverage worldwide. This implies that users can access the platform with proximity to the network and trade as a whole. In addition, the platform uses a decentralized node to create a wider audience spectrum, thereby expanding the business and platform.

THE BENEFITS

High security – Your personal data will always be encrypted, which guarantees very high reliability and security. Developers create a trading platform where buying digital currencies will be simple and straightforward, even for beginners. Binances Exchange accepts any credit or debit card from VISA or MasterCard.

  • Only the best and most top cryptocurrencies – Buy your digital assets in a wide range of the most popular cryptocurrencies in the world.
  • Reliable platform – You can use all services wherever you are, and you can always be confident in the reliability of the trading platform.
  • Customer service you can trust.
  • Support agents are always ready to answer any of your questions that you can ask at any time convenient for you.
  • UNIQUE FEATURES OF binance EXCHANGE
  • Highly Secured Your data is encrypted, guaranteeing your safety.
  • Binance makes buying crypto simple Rokes Commons Exchange accepts any credit or debit card from VISA or MasterCard.
  • Top Crypto Currencies
  • Buy your coins from a wide selection of the world’s most popular cryptocurrencies.
  • Upload your documents today. Binances reviews them within the hour.
  • Reliable Platform
  • You can use the services wherever you go.
  • Binance Exchange has you covered.

What is a Crypto Token? A detail Overview

A crypto token is arguably the most fundamental element of digital currency. in this article, we’ll explain exactly why.

What is it?

The most basic definition of a crypto token is that it represents a specific fungible and tradable asset or utility.

For those who are unaware of what “fungible” means, it is the standard ability of a good/asset to be interchangeable with an array of other individual goods/assets of the same type. Can the token be bought, sold and traded for other assets like the Euro or another token?

Fungible means the assets that are exchangeable for one another. Moreover, digital tokens may better simplify the exchange and trade processes because fungibility generally implies equal value between the assets.

A quick overview of blockchain

The asset or utility that a crypto token represents can often be found on a blockchain. You may already know what a blockchain is, but for the sake of providing context, let’s briefly go over what exactly it is.

Blockchain is the cryptographic ledger technology that connects with virtual currency. It is essentially a list of records (the ‘blocks’) that are linked together on a public database (the ‘chain’). The blocks existing on this digital chain are full of various pieces of information.

More on tokens:

Crypto tokens are a special brand of virtual currency tokens. They reside on their own blockchains and, as previously mentioned, represent an asset or utility. For example, someone can have a crypto token that represents a specific number of customer loyalty points within a blockchain. In a way, these are tools that manage such details pertaining to a retail chain.

There can usually be another crypto token that provides entitlement to the token holder. This entitlement is to view roughly 10 hours of streaming content on a blockchain that shares videos.

The shekel was the name for both a specific weight of barley and the coin which could be used to collect that weight of barley from the city’s warehouse. Shekels eventually became a form of coinage used in several different nations, which could be used simply as a currency to purchase all sorts of things, and was no longer exclusively a “redeem for one bag of barley” token.  Click here to know more about Barley Token. Its a referral program in the Crypto industry with a background of the Coffee and beer industry.

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