Category Archive : Crypto News

Clever DeFi

CLVA Project Review | Clever DeFi Protocol | No Scam

CLEVER is the latest Decentralized Finance (DeFi) project, which is going to be launched on 1st February 2021. It automatically distributes higher interest payments to all the token holders of CLVA on a preplanned routine cycle scheduled over 888 fortnightly cycles taking 34.15 years to complete.

Bryan Legend is the founder and CEO of Clever DeFi. This CLEVER token is an amazing opportunity for everyone because it has No restrictions, No penalties, and offers guaranteed outcomes.

There are two types of Minting processes:

1) Using the CLEVER Portal

2) Using My Ether Wallet

Review:

This latest money winning program, made entirely on Ethereum network possessing all the immutable and secure properties, will blow your mind with its countless benefits. To get the best outcome out of this Protocol, you need to consider the following aspects:

Also, read about decentralized finance (Defi) solutions.

~ How much you will earn?

Initial outcome will be zero, but as soon as you purchase the tokens, you start to get the interest. Minting begins with a zero supply which means this trading is trustworthy and there are no chances of any fraud as in various bitcoin projects. Token holders will enjoy complete freedom when it comes to buying and selling.

Interest earnings for the first year are 307%, 445% for 2nd year, 501 after 3 years and ultimately reaching up to 806% in 10 years. Hence, we can say that this program is paying highest interests in the market.

~ Decentralized Distribution Mechanism (DDM)

CLVA uses DDM which determines its value.

~   No Terms and conditions

Another amazing fact about the Clever DeFi project is that it has no specific terms, conditions, contracts, restrictions, etc. making it most suitable, convenient and trustworthy for everyone.

~100% Guaranteed Withdrawl

The program offers a guaranteed interest model that enables users to earn compound interest paid every 2 weeks to all the Clever DeFi holders. Moreover, it offers 100% guaranteed results with no hidden charges.

~ Minimum Potential Risks

Clever DeFi is fully secured and verified. It is audited by Cybersecurity from Block hunters. Since the team is given a small portion of tokens only, for business development. It means you will not suffer from any potential risks.

WILL YOU TAKE THE 888 CYCLE CHALLENGE?

CLEVER DeFi is an exciting new Crypto investment opportunity with a long-term vision. It is exclusively designed for those who want to secure their wealth at a secure place where it will yield a higher return. Surprisingly, You are going to get huge interest after registering in the minting phase on 1/02/2021. What you are supposed to do is simply hold its token and guess what you will be getting higher interest ever in history on every cycle. So, what are you waiting for? Go grab the chance now before you miss it! This project will boom in the market once it launches.

CLVA is the ideal way to de-risk and ensure a great ROI.

ICO Marketing Strategies

The Right Way to Formulate an ICO Marketing Strategy

Initial coin offering, or ICO as they are abbreviated are viewed as the first and finest embodiment of confidence between new technology like the blockchain and the traditional exercise of crowdfunding. They might have had their own share of scams but have emerged victorious out of that tarnished image, again cementing their place in blockchain-based fundraising with better regulations and reliability.

Although everything connected with the blockchain might seem complicated on the surface, tools and experiences have made launching ICO a simple and straightforward process. A lot of platforms have been made available that make the process of launching your own ICO an easy undertaking.

However, the real challenge when it comes to ICO is its marketing. With such a vast space, growing popularity, and limited availability of investors, effective marketing plays a major role in determining the lucrativeness of an ICO.

There are different ways to market an ICO. It is, by its definition and function, a digital entity, and all the aspects of digital marketing will apply to ICO as well. In addition, there are a few marketing strategies specific to the ICOs and anything involving blockchain and crypto at large.

Let us look at the different strategies involved in marketing your ICO

The white paper

The white paper can be considered the single most important document in the entire process of marketing your ICO. The white paper should contain every possible information that the investor might seek before investing in your ICO. It should be noted that not every investor and not every interested person might read all the information presented to them on the white paper, but anyone who reads it is bound to be extremely interested in investing in your ICO.

Your white paper should contain information on the product, the problem it aims to solve, the effectiveness of the product in solving that particular problem, the team and its credentials/credibility, the economics of your token, and more importantly, the tentative timelines. The white paper should be made available on the website.

The website

The Internet is about three decades old, but the website has not lost its supremacy in being the primary source of information on the Internet. It holds true for your ICO as well. The website should contain segmented information and should be made easier for common people to understand. It should cover every aspect of your ICO but need not be as detailed as your white paper.

Including the LinkedIn profile of the people involved in your project will also help in strengthening the credibility of your ICO. Making the website as interactive and intuitive as possible makes it easy for common investors to access information that they might need to view and verify before they make a decision to invest in your ICO.

Just like any other website, your website should also be made compliant with the best practices for search engine optimization. It should also be supported through link building so that your website ranks on the top of results on popular search engines for relevant search terms. It is to be noted that some of the most popular advertising platforms have imposed heavy restrictions on advertising anything related to crypto and blockchain. You might have to heavily rely on your organic leverage to make the best of mainstream platforms like search engines and social media.

Social media

Social media can’t be considered to hang out as a giant of the Internet. Also waiting for promotions to happen naturally might not be possible, it is always possible to organically engage with your audience. There are a lot of Facebook and LinkedIn groups dedicated to discussing cryptocurrency and ICOs. You can actively participate in those group discussions to introduce your ICO.

There are certain influencers on platforms that you can get in touch to talk about your ICO, your product, and your offering.

Email marketing

Email marketing can be considered the grand old daddy of digital marketing, and even in spite of its seniority, it is one of the most dependable platforms in terms of relevance and conversion. The key to an effective email marketing campaign licensing is that, instead of blasting emails in an organized fashion, it is highly recommended that you create several buckets of email lists, so you can tag people by the “amount“ of interest they have shown towards your product.

Instant messaging

With the increase in mobile usage and the dependency on smartphones, instant messaging platforms have doubled up as marketing arenas. Platforms like Telegram, Slack, and Steemit can help you organize groups and stay in touch with interested investors. it is to be noted that the last one is a dedicated social network for anything related to blockchain, and it even rewards content creators with its own crypto coins. You can keep them informed on the important breakthroughs, milestones, and bits of information like your own blog.

Blog

Your blog can be considered the casual side of your website. It is where you can share information without being too serious but at the same time, keep your visitors engaged with the latest content. Your blog not only needs to cover the aspects of your product but about crypto business in general.

Apart from everything mentioned above, that are a few specific marketing methods that hold true only with respect to crypto and ICO.

Bounty campaigns

Bounties, by definition, are rewards given to individuals for completing certain tasks that might not be easily possible. There are two different types of bounty campaigns that can help strengthen your offering.

The first kind is the one rewarded for finding bugs. It ensures that while your ICO becomes popular, it is also continuously perfected through ongoing debugging. People who find and fix these bugs can be rewarded with tokens. The second kind is for marketing. These tokens can be rewarded either for blogging or tweeting.

Participating in crypto forums

There are a few forums that are intent and focused on discussing things related to cryptocurrency, blockchain, and initial coin offerings. Marking your presence in those forums is extremely important. Although it might not give you the width in reach, it definitely helps in gaining better traction with the right audience. Places like Bitcointalk are perfect examples of where you should mark your presence.

In addition, there are sites dedicated to listing ICO tokens. These sites are bound to attract investors who are on a constant lookout for opportunities to invest in crypto and ICO. Some premium sites might charge you a fee to get listed, but the results surely will fetch you more investment.

Air dropping

Airdropping is considered the crypto equivalent of giving freebies to influencers, so they will talk about your product. Your tokens can be airdropped to certain public addresses, so those influencers will talk about your ICO, increasing visibility and curiosity.

Handling negative talk

Although this might not be a part of your mainstream marketing efforts, this process helps in retaining the aura that you are creating and not losing it during the most crucial time when your token sale is being intense.

Always ensure that a customer support team is available to sort out any issues that your investors might face. Customer support should be available across multiple platforms, and should also constantly scan social media for any issues or negative press.

Conclusion

As much as there is a vast availability of companies in developing your ICO, there are equal opportunities for you to outsource your ICO marketing to ICO marketing agencies. An agency that specializes in ICO marketing will handle all the aspects of your ICO perfectly. The activities according to conversions and analytics, will be monitored continuously ensuring a  perfect ICO marketing solution.

All you need to do is get in touch with a company that specializes in ICO marketing and let them know of your requirements. The ICO marketing company will take care to absorb your business needs, craft a marketing plan, create the white paper and every other needed resource, and ensure that your ICO  is an epitome of success in development and will also find proportional success in marketing.

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.

 

Cryptocurrency MLM Software Development

Cryptocurrency MLM Software Development

Cryptocurrency MLM software is used for marketing crypto coins like Bitcoin. It works in a completely decentralized and autonomous manner. Multi-level marketing is also called network marketing or referral marketing. Companies incentivize the users for promoting their products and services to their friends and family members. We develop Cryptocurrency MLM software on platforms like Bitcoin, Ethereum, and TRON. The disadvantages in traditional MLM like distrust among the users, delayed transactions, lack of transparency, and mutability can be overcome with our modern Cryptocurrency MLM software.

The features of Cryptocurrency MLM Software are 

  • Support for numerous payment gateways – Most of the leading cryptocurrencies  are accepted on the cryptocurrency based MLM software through the flexible payment gateway. This satisfies different kinds of investors conveniently. The Bitcoin API processes all the transactions in a lightning-fast manner. Easy deposits and withdrawals are also ensured.
  • Robust security measures – The users’ account information can never be stolen or misused by anyone due to measures like a pin code structure, SSL protection, and two-factor authentication.
  • Presence of graphical reports – The details like transactions executed, bonus earned, penalties paid, earnings, withdrawals, and commission received can be viewed by the admin on a real-time basis.
  • An integrated referral program – Loyalty programs are available to reward the users for promoting your platform to others.
  • Trading bots – Users can automate their trading activities directly and outsmart their competitors through faster settlements. They can also improve their trading skills by exposing themselves to real-world conditions.
  • APIs with the external exchanges – We have formed API’s with the leading crypto exchanges in the market like Binance and Huobi which ensures that users can buy or sell their desired cryptocurrency without the need to leave the platform. We have good tie-ups with a global pool of liquidity providers that facilitate secure and instant transactions.
  • A dedicated investment module – Your earnings will be amplified by growing the returns fetched on your funds. The entire investment process is transparent and autonomous and smart contracts will independently drive all the transactions on the platform.
  • Support for different kinds of plans – Keeping in mind the varied objectives of each investor, we have different plans like Unilevel, Binary, Hybrid, Matrix, and Working plan.
  • A robust admin dashboard – Admin can keep full control over the functioning of the Cryptocurrency MLM software through the exclusive dashboard. He can monitor the activities of different members and the revenue generated through the marketing efforts done to the customers.

The procedure to be followed by every user while handling the Cryptocurrency MLM Software 

  • Determine the party to whom money has to be transferred.
  • The transaction will be represented online in the form of a block.
  • The block will be publicly broadcasted to every party present on the network.
  • The network will approve the transaction soon.
  • The specific block will be added to the existing blockchain network in a transparent and unalterable manner.
  • The transaction will finally be completed.

The advantages offered by Cryptocurrency MLM Software Development

  • Low fees – Since there is no middleman in the platform, unlike a traditional MLM, the user needs to pay only a small percent of fees for the profit margin sales.
  • Faster execution of transactions – It overcomes the slowness of traditional payments as transactions are processed quickly through the use of cryptocurrencies.
  • No chance of frauds – Users can handle their investments securely in a zero-risk atmosphere. A high level of transparency ensures smooth business transactions on the platform.
  • Constant track of revenue generation – The immutable blockchain network will track every transaction made on the platform and ensures that the revenue objectives set beforehand are achieved comfortably.
  • Security of the data of the users – All the data of the users are stored in the secure blockchain network. Highest level of security measures like end-to-end encryption and two-factor authentication are ensured.

Hence, as seen above, the business environment is ripe to allocate resources for Cryptocurrency MLM Software Development. Hire our dedicated team of programmers and engineers and reach great heights in the industry soon.

CEX.io review

If You Must Trade In Crypto, Pick Up A Professional Crypto Broker

Many people with a steady job and a steady income dabble in trading in the hope of making a few extra bucks. For them, the process of making money is not a hard one. Then there are hopefuls who do aspire to become professional traders and make a living out of trading. In this case it is wise to choose the right asset and then aim to become professional. Should you prefer crypto (which has its advantages over fiat currency, metals, commodities and stocks) then aim to become a professional and start by picking the right professional crypto broker.  A good starting point for those aiming to become professionals is to read the CEX.io review.

Why aim to become a professional crypto trader

You do not just dip your hand in the pond and come up with fish. Even fishing is an art and science. Likewise, crypto trading requires knowledge. There is little of luck involved, a factor that casual traders depend on or depend on third party opinions to make a trade. Aim to become professional even if you do not plan to invest a lot. Reasons?

  • With serious intent, you will want to learn and acquire knowledge about cryptocurrencies, how to trade, and when to trade. You will also want to pick a standard broking platform such as CEX for which you should read the cex.io review.
  • A combination of factors influences crypto price swings. Anticipating it is the key to making profits. Guesswork may land you an occasional profit otherwise you are likely to lose money most of the time.
  • You learn the value and importance of interpreting charts and keeping a regular watch on market movements. That does not just include crypto but also the entire economy and political climate. Everything has a bearing. This knowledge helps in making informed trade for profit. You also learn the value of caution.
  • It gives a deep sense of satisfaction that you are putting knowledge to good use. Eventually, you may think of becoming a full-time trader, sustaining yourself the way you want.

Different paths, common goal

There are different ways to trade in crypto

  • You can simply invest long-term and even “cold store” cryptos at CEX as can be seen in the cex.io review.
  • You can engage in day trade and book small profits because transactions must be squared off at the end of the day’s trading session. At the end of the month, provided you do it professionally, based on knowledge and tradecraft, you will find you have made a substantial profit. This is even after you pay handsome brokerage and fees such as CEX charges, mentioned in the cex.io review.
  • You can engage in Contract for Difference trades. This means you can leverage the power of margin, depending on the margins a particular broker allows. Suppose you put up margin money of say $ 1000, you could trade for ten times that amount. You can go long or short, carefully evaluating risk factors based on knowledge, and take advantage of volatile markets. The beauty of the crypto trade is that you can start small, with as little as 0.1 bitcoin.

It is advisable to stick with any one type of trading practice and develop proficiency.

Choosing a professional broking house

It is your money. It should be safe and secure, which unfortunately may not be the case should you pick the wrong broker. Look for important clues when picking a broker for crypto trading:

  • Duration of establishment: Look for a broker who has been in operation for at least five years. It indicates stability.
  • Client base: How many users use the trading platform is a good indicator of possibilities of buy and trade options. The more, the better.
  • Currencies handled: The broker you pick must, at the least, handle Ethereum, Litecoin, and Bitcoin, plus support for fiat currencies like USD, GBP, and Euro, with a presence across several countries.
  • Registrations: You know you can trust the broker if it is registered and accredited with several countries and has PCI DSS certification for information security. CEX is one such trustworthy platform, as you will find in the cex.io review. You have a safe trading environment.
  • Brokerage: There are lots of platforms that charge low brokerage and allow big margin trades but how safe is your money is a question you should ask. A reputed platform like CEX has higher fees but offers rock-solid reliability, assured payouts, and security of transactions.

Even if you do not plan to trade every day in crypto, it is always a good idea to do so based on knowledge and developed skills. Aim to become pro by learning tricks of the trade, practicing in plenty, and having patience. At the same time pick the right professional platform such as CEX, more fully detailed in the cex.io review.

crypto exchange ChainX

OPU Will launch IEO with the Crypto exchange ChainX

How much of an impact have cryptocurrencies made in healthcare? The healthcare sector is one of the sectors where cryptocurrency has not made a lot of impacts.  One cannot but marvel taking a look back at how the first cryptocurrency was created in 2008 and how many cryptocurrencies exists now. Apart from the growth of cryptocurrencies, another point of wonder is how the usage has crawled into most sectors to solve existing problems. Bitcoin, the first cryptocurrency, challenged the financial system to be open, faster, and more reliable.

In the world, people are more negligent towards their health. They often rely on the government, organizations, and healthcare professionals to maintain healthcare systems in the world.  Rising healthcare is leading to lots of sustainability questions. In a way, we are all consumers of healthcare for most of our lives. The volume of healthcare data we generate is “massive,” and the contributors are numerous. Therefore, patients need to realize they have to be the center of their care to sustain healthcare systems.

What is VIC rewards?

VITALITY Coin (VIC) rewards is a crypto loyalty program created by dClinic. DClinic leverages on the benefits the blockchain network provides to improve the healthcare system. For the past three years, dClinic has made several partnerships and has completed many projects around its Private Healthcare Blockchain (PHB).

VIC Rewards is a utility token whereby consumers of the healthcare system who are sometimes patients and care team professionals can use, contribute, and value the healthcare data. The program aims to reward consumers of the healthcare system for their desire to be healthy and stay healthy. This will, in turn, reduce the pressure on the healthcare system.

In summary, patients get rewards for following their healthcare plan and staying healthy while team care professionals get rewarded for taking care of patients. How does the system work?

How does VIC rewards work

There are various health, wellness, and care management Apps incorporated with dClinic’s Private Health Blockchain (PHB). Therefore, consumers can maintain healthy health status. To improve accessibility, consumers can access healthcare tools on their mobile phones or laptops. This puts consumers in the central position of their health and manages how their health information is accessed and used.

The VIC Rewards program is created to reward consumers and care team members of the healthcare system for their adherence to and participation in their vitality plan to help them achieve a healthier status. The more a consumer adheres to the vitality plan’s set care, the more VIC Rewards they earn, the more services and products that can be accessed.

When a Consumer is working towards a care plan, the care team will always communicate via the care team app. With the VIC rewards token, users can purchase more health and wellness products from the partnership companies.

Benefits of VIC rewards

Some of the benefits of the VIC rewards include:

  1. Consumers take more responsibility for their health, thereby reducing the strain on the healthcare system.
  2. The VIC Rewards token can be used to purchase health and wellness products and services.
  3. Consumers can trade the VIC token for other tokens

The VIC Rewards program rewards you for maintaining a routine with your healthcare specialist. Consumers need to take responsibility for their health and maintain a healthy status to sustain the healthcare system worldwide.

OPU Coin is scheduled to launch IEO withChainX from November 23 to 30. More details can be found on the official website of OPU Coin and ChainX.

Most Influential People in Crypto

15 Most Influential People in Crypto – The 2020 Edition

Despite the bearish cryptocurrency landscape in 2019, blockchain projects and cryptocurrency influencers seem to be bolstering the technology with brazen advancements and optimistic views for the future.

This past year has been less fruitful when it comes to blockchain funding. While the first quarter of 2018 saw $15 million plowed into crypto, the same period in 2019 barely crossed the $3 million mark.

While easy blockchain funding may be slipping away for new startups, the top 100 crypto characters of 2019 demonstrate that the crypto space’s focus in 2019 tends to lean more toward pushing mass adoption and integrating blockchain into existing enterprise infrastructure.

This year’s list of crypto’s most influential people is as diverse as ever, with crypto innovation seeping in from all corners of the world. 2019 has seen technologists, investors, policymakers, and visionaries from all walks of life entering the crypto space, making an exciting year in cryptocurrency endorsement and regulation. As these key influencers branch out worldwide, 2020 is predicted to be an exciting year in terms of mass blockchain adoption.

  1. Name: Changpeng Zhao

Changpeng Zhao, also known as “CZ,” is the founder and CEO of Binance – the world’s largest cryptocurrency exchange by trading volume. Binance has been very active this year, from developing new products and services, such as DEX, country-specific exchanges to company acquisitions, and even supporting governments with crypto adoption.

  1. Name: Jihan Wu

Jihan Wu is the CEO and co-founder of Bitmain, the world’s largest computer chip company for bitcoin mining. In October, Bitmain announced it would start building the world’s largest bitcoin mining plant. Before Bitmain, Wu was a financial analyst at an equity firm and an angel investor in Kaomao, a bitcoin mining hardware startup.

  1. Name: Jack Dorsey

Co-founder and CEO of Twitter and Square, Dorsey has been an advocate for Bitcoin since the early days. Having launched a crypto division of Square early this year (called Cash App – which helps newcomers buy Bitcoin), Dorsey is now making plans to lead to mass BTC adoption in Africa.

  1. Name: David Marcus

Former president of PayPal, Marcus has sat on Coinbase’s Board of Directors since 2017 and was previously fulfilling VP of Messaging Products at Facebook. Marcus now heads up Facebook’s Libra team – which could potentially introduce digital currencies to Facebook’s billions of active users.

  1. Name: Brian Armstrong

Brian Armstrong is the co-founder and CEO of Coinbase, one of the world’s largest crypto exchanges (its reported Coinbase holds 966,230 Bitcoin ($7B) in Cold Wallet). Before his involvement with the blockchain and Coinbase, Armstrong worked at Deloitte and Touche as an Enterprise Risk Management Consultant.

  1. Name: VitalikButerin

VitalyDmitriyevich “Vitalik” Buterin is the co-founder of Ethereum, the world’s most popular smart contract platform that enables developers to build decentralized applications (at the time of writing this, ETH has a market cap of $2B). Before he developed Ethereum, Buterin was the co-founder of Bitcoin Magazine.

  1. Name: Brad Garlinghouse

Garlinghouse is both the CEO and Chairman of Ripple Labs. This year, Ripple surpassed 300 partners, including over 115 banks worldwide. Having launched On-Demand Liquidity (ODL) for cross-border payments, Ripple now has more than 20 partners using XRP for ODL, including Moneygram, Western Union, and American Express.

  1. Name: Daniel Varzari

Ex-real estate mogul Daniel Varzari is the creator of Crypto Cloud and MD of DVG Group. Previously a partner at Coinsbase, Daniel now focuses full-time on crypto-fiat fintech. To enhance fungibility and crypto acceptance, Moneta’s integration has begun; however, Varzari has recently announced a crowdfunding launch to fund the development.

  1. Name: Kelly Loeffler

Ex-CMO of Intercontinental Exchange (ICE), Loeffler, is now the CEO of Bakkt, an ICE subsidiary, focused on the increasing institution and merchant access to digital assets. Having launched its Bitcoin Futures in Sep 2019, Bakkt reached an all-time monthly high of $37M within the first month. Before her 15 years at ICE, Loeffler served on the Board of Directors for Georgia Power Company.

  1. Name: Roger Ver

Known affectionately as ‘Bitcoin Jesus’, Ver was an early investor and promoter of Bitcoin. While one of the Bitcoin Foundation’s five founders, in 2017, Ver was an avid supporter of the Bitcoin hard fork to create Bitcoin Cash. Ver was central to opposing Bitcoin Cash’s hard fork in 2018 (creating Bitcoin SV) and has recently taken to Facebook, giving away BCH to encourage adoption.

  1. Name: Peter Smith

Peter Smith is the co-founder and CEO of Blockchain.com, the company behind one of the world’s most popular online crypto wallets, and launched Blockchain Principal Strategies. This institutional platform helps investors gain more exposure to cryptocurrency.

  1. Name: Adam Back

A highly-skilled cryptographer, Back developed HashCash, the proof-of-work anti-spam mechanism. Now the CEO of Blockstream, one of the prominent founders and development teams behind Bitcoin Core, Back often speaks on Bitcoin’s benefits and presented at the G20 Meeting of Finance Ministers this year.

  1. Name: Joseph Lubin

Joseph Lubin is a co-founder of Ethereum and the founder of ConsenSys, a global blockchain company that creates and invests in software for the Ethereum blockchain ecosystem. Before ConsenSys and Ethereum, he worked for eMagine, Blacksmith Software Consulting, and Goldman Sachs.

  1. Name: Brendan Blumer

Brendan Blumer is the CEO of Block.one, the tech company producing the EOS.IO distributed ledger software and developing the EOS community. Before Block.one, Blumer worked on Okay.com, which later merged with a real estate company in Asia called Pacific properties.

  1. Name: Catherine Coley

Catherine Colely is the CEO of Binance.US, the US-based cryptocurrency exchange from Binance. Before her CEO appointment at Bainance.US, Coley spent two years building out the global liquidity network at Ripple as their head of XRP institutional liquidity.

cryptocurrency exchange development

Analyzing the growing business of cryptocurrency exchange development

Cryptocurrencies have emerged as the biggest challenge to the current financial system as it promotes decentralization. Cryptocurrency exchanges are handling billions of dollars of funds of traders by offering a platform for buying, selling, and exchanging different cryptocurrencies. Most of the exchanges also accept payments made in fiat currencies. Some of the popular centralized exchanges are Binance and Coinbase. Some of the famous decentralized exchanges are OKEX and IDEX.

The basic structure of every Cryptocurrency exchange

  • The trading engine – It helps in the management of orders by matching the requests raised by different buyers and sellers on the platform. It should be highly accurate.
  • The user interface – It should be convenient enough for the traders to handle their basic operations smoothly without any errors and glitches. It must be intuitive with easy navigation.
  • Customer service – Traders’ doubts and queries should be swiftly responded in multiple languages. It helps in improving user retention and trust in the system. A professional support team is needed to infuse confidence in the minds of the customer. People should be encouraged to invest in a cryptocurrency exchange platform.
  • Adequate security measures – Protection of the funds and personal data of the users is highly important for every crypto exchange. To safeguard itself against hacking and phishing attacks, it must take steps like two-factor authentication, jail login, end-to-end encryption of database, and password-protected user access without fail. With operations becoming increasingly digitized, issues such as virus and malware attacks are quite common. The data can be backed up in an independent location separate from the operational servers.

Steps to follow for kickstarting Cryptocurrency exchange development

  • Comply with legal norms – Any crypto exchange that happens to be illegal will be forced to exit the industry. Hence, obtain an operational licence issued by a certified authority. It depends on the scale of operations (local or global) regarding its compliance with the prevailing laws in different countries. The KYC (Know Your Customer) verification process and AML (Anti Money Laundering) laws must be strictly adhered to. This is done to prevent any sort of frauds and scams. Certain countries like Singapore, Switzerland, Japan, Canada, and the USA are highly friendly towards cryptocurrency exchanges with a trustworthy judicial system.
  • Formulate an agreement with a bank or a payment solution provider – Since traders will buy or sell cryptocurrencies regularly, there is a need to invest in a foolproof transactional system. It must facilitate seamless deposits and withdrawals. Multiple payment gateways or process systems need to be set up to handle the huge volume of funds. A tightly regulated ecosystem will have limited banking options compared to an open and decentralized system.
  • Management of liquidity – Liquidity is one of the essential attributes of successful cryptocurrency exchanges in the market. Absence of sufficient liquidity in an exchange will fail to attract investors and lose their business to the competitors in the industry. Liquidity can be boosted by forming API’s and sharing trading volume information with the leading exchanges in the market.

The process by which a Cryptocurrency exchange works

  • The user gets himself registered on the platform after completing all the needed formalities.
  • An individual wallet is created for him to store his respective coins or tokens.
  • He can select any receiver on the platform for sending funds.
  • Once a particular cryptocurrency has been completely sold out on the platform, he has the option to buy foreign currency.
  • He can receive funds by choosing any of the available currencies on the platform.

The time taken to build a Cryptocurrency exchange

It depends on the kind of exchange platform (centralized, decentralized or hybrid) chosen by the business firm. White label solutions can be developed within a week as it comes with all the in-built features and functionalities. For exchanges that are developed from scratch by hiring various developers, it will take a couple of weeks or months.

Important sources of revenue for a Cryptocurrency exchange

Every crypto exchange owner can make money by imposing charges on withdrawals, trading commission, and incorporating Initial Exchange Offering (IEO) into their platform for launching new crypto coins or tokens.

The total cost involved to build a Cryptocurrency exchange

The cost will vary depending on the kind of features a firm wants to integrate into its exchange. White label solutions involve less developmental expenses when compared to building an exchange from scratch.

The different services offered by exchange development companies

Most of the cryptocurrency exchange development companies offer services like wallet integration, ICO development, mobile app development, and trading platform creation.

The future of Cryptocurrency exchange development

Since its origin more than a decade ago, Cryptocurrencies have grown to massive proportions today. It is the pride of the digital age. It can be used for a wide variety of activities such as processing payments, storage of value and proving digital ownership. Since it has a huge capacity to disrupt the traditional financial systems, there are concerns and worries regarding the potential use of the technology. Many corporate companies are accepting payments made in cryptocurrencies indicating its adoption in the mainstream economy. This will increase its accessibility and popularity contributing to an increase in its value.

Threats to its growth include the banning of cryptocurrencies by various governments and restrictive regulations by authorities. The unpredictable fluctuations in its price cause a lot of panic in the market. Technologies such as Artificial intelligence can be used to predict crypto market fluctuations. Regulation needs to push cryptocurrencies from the periphery of the current financial systems. Many central banks are also attempting to issue their own digital coins. Cryptos are being increasingly preferred amidst the economic downturn affecting the entire world. With the halving of cryptocurrency’s leader Bitcoin to take place in 2020, its view as a speculative and volatile asset will change with the years to come. It is highly important that businesses all over the world realize the significance of cryptocurrencies and equip their operations to leverage its benefits. It remains to be seen if cryptocurrency is the future of money. With more preference for decentralization, safety, and anonymity, it is expected to grow exponentially in the coming days.

Read More: Things To Know Before Investing In Cryptocurrency Development

It has been almost two decades since the internet emerged as an entity that has revolutionized the meaning of trading for good. What was considered impossible in the real world has now become a reality that every common person is able to benefit from. Trading assets (Forex, Commodities, CFD’s, Cryptocurrency, Stocks & Indices) that were once considered to be suitable for corporations and industries are in reach of a common person and they are making full use of the tools and benefits provided to them by trading brokerages to make profits. How Currency is Different from Other Brokerages With the promising outcomes from the online trades and ever-growing influx of the online trading community, there was a need for online brokerages that could help new investors invest their life savings and help them make profits that would in turn become their primary/permanent source of income. In time, the online trading platform was flocked with thousands of brokerages, which were ready to provide investors with services at extremely reasonable trading plans. However, every brokerage seemed to be following the same old format of having investors open accounts starting from minimum 250 (USD, EUR, GBP etc.) and going up to hundreds of thousands where each account was given benefits and tools based on their investment amount. This also resulted in the investments to be affected based on the currency value they made the deposit in. While brokerages focused only on providing the same type of service, Currency.com emerged as a brokerage as well as an exchange that not only provide investors with assets to trade in but to also be able to exchange their assets into cryptos or tokens that they could be used to trade in 100+ assets. How Tokenization Achieved the Unachievable By introducing tokenization in the trading dynamics, ensured that the investors had the benefit of the making a deposit and convert their deposited currency into tokens that they can use to invest in any trading asset or product they saw fit and earn profits in tokens. Why Currency Provides Exchange Services as well? While all the brokerages in the entire online world are focused to provide a trading platform to investors, Currency has also managed to provide services as a Currency Exchange. This allows Currency to enable their investors in spending their money to buy Bitcoin that they can use to buy other crytos or assets where purchase of assets is mandatory. Additionally, this also provides investors to tokenize their investments and trade in assets such as Forex, Indices, Cryptocurrencies, Commodities & CFD’s using these tokens Assets Offered by Currency for Trading When it comes to assets, Currency ensures that the customers are provided with a list of popular assets that they can choose and trade in. This not only increases the chances of investors making more profits but also keeps them motivated and satisfied, which means if an investor suffers a loss in a particular trade or asset, they have more assets to choose and trade in and they do not have to worry about finding a new brokerage offering other assets: Forex Trading Forex (foreign exchange) trading is considered to be the top online trading platform that refers to the process of buying and selling of foreign currencies in the form of pairs such as USD/EUR, GBP/CAD, JPY/ZAR etc. One factor that turned out to be an advantage for forex traders is that everyone is aware of foreign currencies and are aware of the dynamics in the rise and fall of currencies. This has resulted in the volatility of Forex trading to spike through the charts and as a result of its high liquidity, mass influx of investors who are eager to test their skills and make fortunes have been attracted to this trade like moths to a fire. As a result, the daily transaction volume of forex trading has crossed a whopping $5 Trillion per day, which is even more than the daily stocks/indices trades’ transaction volume combined. Additionally, people who are investing in forex tend to go for the USD/EUR currency pair that is referred to as the hot pair in forex trading. The total weightage of this pair can measured by the daily transaction volume of $2.5 Trillion per day that almost equals to fifty percent of forex’s daily transaction volume. Stocks Trading Stocks trading is commonly referred to as the term “Shares” that refers to the assets of a company/corporation that it targets to sell in the public markets to generate funds for their organizations as well as to meet their annual targets and capitals. These funds are then used to commence research and development projects to expand their business and stay on top of their game. This business tactic is considered so effective that majority of the leading companies such as Apple, Amazon, Facebook etc. choose this option. In Stocks trading, investors can own a share of a company buy buying its stocks through the public market. Once owned, the investors can wait and monitor the stocks market to evaluate and predict whether the price of the particular company’s stocks are to fall or rise. If the stocks’ value goes up, the investors can sell these stocks either back to the public market or the company itself to earn profit in the price different from point of purchase to point of sale. Indices Trading While stocks trading refers to the assets of a single company, Indices comprise of a collective assets value of a group of companies that represent a particular field of expertise or the same country or region. The best part about indices trading is that the investors are not required to buy stocks but they are required to keep an eye on the particular index out of many indices that are currently operating throughout the globe. The investors can benefit and earn profits both from the rise or fall of the collective assets value of a group of companies buy choosing short (sell) position if the price value of the asset is to take a fall or choose long (buy) position if the price is to go up.At present, this trade is considered better and faster than stocks trading as firstly, it does not involve in investors having money to buy the stocks and secondly, the trades can be performed in a very short amount of time. Few of the most popular indices are Nasdaq Composite, NASDAQ-100 & FTSE 100 Index etc. Commodities Trading It is a trade which is normally perceive as a trade fit for industries and manufactures where they can strike a deal and come to an agreement to bridge their buying and selling contracts. However, Currency.com has improvised a unique and an astonishing maneuver that even the individual investors can use to make profits without the need of manufacturing a commodity or buying it in bulk. Commodities are natural resources that are grown either on earth’s surface (e.g. wheat, rice, cotton, corn etc) or extracted from inside earth’s surface (e.g. crude oil, gold, copper etc.). In Commodity trading, two or more investors can come together to first choose a commodity of their interest and decide upon a unit price and data/time of the completion of the contract. Once the contract reaches its expiration, if the unit price of the asset is higher than the pre-decided price, it’s the buyer who makes the profit and if the unit price of the asset drops than the pre-decide price, it’s the seller (manufacturer) who is at an advantage. This particular process is referred to be CFD’s (conracts-for-difference). The best thing about having CFD’s in commodity trading is that neither of the investors have to own a certain amount of money to buy the asset or needs to have the resources to manufacture them. Once the contract has reached its fulfillment or expiration, both the investors have the option to either continue with it as an on-going contract or cancel it and start a new one with new terms and conditions. Cryptocurrencies Trading Cryptocurrency trading is the most recent addition to the online trading industry and is considered by many expert traders and analysts to be the trade that will be able to take over Forex trading in the coming years. The reason behind this speculation is that Cryptocurrency is as volatile and liquid as forex and it is even more secure than forex. Cryptocurrency was introduced to the entire world and mainly to the internet community back in 2009 with the creation of Bitcoin. This gave birth to another source of trading that existed as a decentralized entity, encrypted with cryptographic keys shared only between the sender and receiver without the interference of any central or middle party regulating these transactions. Many expert programmers recognized the importance of this opportunity and started developing crypto-currencies of their own. Also Read: Collapsing Bitcoin Futures Premium Provide Glimpse of New Digital Money Market This led to a large inflow of investors to storm towards this trade and till now, more than 1600 crypo-currencies have been introduced and due to their liquid and volatile nature, many people are investing their money in this trade and making huge profits. At present, the top crypto-currencies to trade in are Bitcoin, Ethereum & Litecoin etc. Trading Platform that Investors Get to Trade With To ensure that the investors get to trade in the most user-friendly and competitive trading environment, Currency.com has developed a trading platform of their own because if they relied on third party trading platform, it would stop them from providing their clients with the facilities that they had to offer. To achieve this goal, Currency has developed an intuitive trading platform that is equipped with state of the art interface, top notch trading tools, high-end chart styles, 70+ accurate technical indicators, buy start/end, sell start/endand many more. These features not only facilitate investors in trading but also act as catalysts to boost the morale as well as confidence of investors so they can perform their activities without any hesitation or worry. A great news for the potential investors is that the Currency.com trading platform is also integrated into online the online browsers and smartphones via IOS & Android apps. This step was taken by the experts at Currency to ensure that the their investors are able to trade without being dependent or bound to a single operating system and can perform their trades with a single click or a tap. Why Must You Choose Currency over Others? If you have read the article till the last paragraph then it means that you are serious about investing in the online trades and are looking for a brokerage that can help you make the most out of your investments. So, your search ends with Currency as you will never find a brokerage that dares to provide investors with two services (brokerage & exchange) and is focused on providing investors with the best trading experience through a trading platform developed by the company itself to meet client demands and make improvements based on their feedback. Furthermore, trading through Currency.com opens doorways for you to trade in the top financial markets around the globe with the tightest spreads and they apply no hidden charges for these. Other benefits of you trading through Currency are that you can avail high level on crypto spreads, you receive latest news on trading markets, you can trade with up to 1:100 leverage and your assets as well as trades are kept secure with security system that is on par with industrial level security. Also, if you ever find yourself stuck in a situation where you require assistance or a piece of advice from an expert, you can always reach out to Currency’s 24/7 customer support via email or live chat support that is available through popular social media platforms such as Whatsapp, Viber etc. So What is Your Take? Always remember that no matter how attractive and profitable the world of online trading may seem the risk of losing everything also runs parallel to making fortunes. If you are putting all the effort that is required from your end while trading and the luck is on your side, you are bound to make fortunes and if it is the other way then you need to stay calm and rational, as these are the keys to success in online trading. If you think it is not manageable for you, then it be wise for you to change your mode of investment before you regret making your decision.

How Currency.com has Revolutionized Brokerage Trading & Currency Exchange

It has been almost two decades since the internet emerged as an entity that has revolutionized the meaning of trading for good. What was considered impossible in the real world has now become a reality that every common person is able to benefit from. Trading assets (Forex, Commodities, CFD’s, Cryptocurrency, Stocks & Indices) that were once considered to be suitable for corporations and industries are in reach of a common person and they are making full use of the tools and benefits provided to them by trading brokerages to make profits.

How Currency is Different from Other Brokerages

With the promising outcomes from the online trades and ever-growing influx of the online trading community, there was a need for online brokerages that could help new investors invest their life savings and help them make profits that would in turn become their primary/permanent source of income.

In time, the online trading platform was flocked with thousands of brokerages, which were ready to provide investors with services at extremely reasonable trading plans. However, every brokerage seemed to be following the same old format of having investors open accounts starting from a minimum of 250 (USD, EUR, GBP, etc.) and going up to hundreds of thousands where each account was given benefits and tools based on their investment amount. This also resulted in the investments to be affected based on the currency value they made the deposit in.

While brokerages focused only on providing the same type of service, Currency.com emerged as a brokerage as well as an exchange that not only provide investors with assets to trade in but to also be able to exchange their assets into cryptos or tokens that they could be used to trade in 100+ assets.

How Tokenization Achieved the Unachievable

By introducing tokenization in the trading dynamics, ensured that the investors had the benefit of the making a deposit and convert their deposited currency into tokens that they can use to invest in any trading asset or product they saw fit and earn profits in tokens.

Why Currency Provides Exchange Services as well?

While all the brokerages in the entire online world are focused to provide a trading platform to investors, Currency has also managed to provide services as a Currency Exchange. This allows Currency to enable its investors in spending their money to buy Bitcoin that they can use to buy other cryptos or assets where the purchase of assets is mandatory.

Additionally, this also provides investors to tokenize their investments and trade in assets such as Forex, Indices, Cryptocurrencies, Commodities & CFD’s using these tokens

Assets Offered by Currency for Trading

When it comes to assets, Currency ensures that the customers are provided with a list of popular assets that they can choose and trade-in. This not only increases the chances of investors making more profits but also keeps them motivated and satisfied, which means if an investor suffers a loss in a particular trade or asset, they have more assets to choose and trade-in and they do not have to worry about finding a new brokerage offering other assets:

Forex Trading

Forex (foreign exchange) trading is considered to be the top online trading platform that refers to the process of buying and selling foreign currencies in the form of pairs such as USD/EUR, GBP/CAD, JPY/ZAR, etc. One factor that turned out to be an advantage for forex traders is that everyone is aware of foreign currencies and is aware of the dynamics in the rise and fall of currencies. This has resulted in the volatility of Forex trading to spike through the charts and as a result of its high liquidity, a mass influx of investors who are eager to test their skills and make fortunes have been attracted to this trade like moths to a fire.

As a result, the daily transaction volume of forex trading has crossed a whopping $5 Trillion per day, which is even more than the daily stocks/indices trades’ transaction volume combined. Additionally, people who are investing in forex tend to go for the USD/EUR currency pair that is referred to as the hot pair in forex trading. The total weightage of this pair can be measured by the daily transaction volume of $2.5 Trillion per day that almost equals fifty percent of forex’s daily transaction volume.

Stocks Trading

Stocks trading is commonly referred to as the term “Shares” that refers to the assets of a company/corporation that it targets to sell in the public markets to generate funds for their organizations as well as to meet their annual targets and capitals. These funds are then used to commence research and development projects to expand their business and stay on top of their game. This business tactic is considered so effective that the majority of the leading companies such as Apple, Amazon, Facebook, etc. choose this option.

In Stocks trading, investors can own a share of a company by buying its stocks through the public market. Once owned, the investors can wait and monitor the stocks market to evaluate and predict whether the price of the particular company’s stocks is to fall or rise. If the stocks’ value goes up, the investors can sell these stocks either back to the public market or the company itself to earn profit in the price different from point of purchase to point of sale.

Indices Trading

While stocks trading refers to the assets of a single company, Indices comprise of collective asset value of a group of companies that represent a particular field of expertise or the same country or region. The best part about indices trading is that the investors are not required to buy stocks but they are required to keep an eye on the particular index out of many indices that are currently operating throughout the globe.

The investors can benefit and earn profits both from the rise or fall of the value of the collective assets of a group of companies buy choosing a short (sell) position if the price value of the asset is to take a fall or choose long (buy) position if the price is to go up. At present, this trade is considered better and faster than stocks trading as firstly, it does not involve investors having money to buy the stocks, and secondly, the trades can be performed in a very short amount of time. A few of the most popular indices are Nasdaq Composite, NASDAQ-100 & FTSE 100 Index, etc.

Commodities Trading

It is a trade that is normally perceived as a trade fit for industries and manufacturers where they can strike a deal and come to an agreement to bridge their buying and selling contracts. However, Currency.com has improvised a unique and astonishing maneuver that even the individual investors can use to make profits without the need of manufacturing a commodity or buying it in bulk. Commodities are natural resources that are grown either on the earth’s surface (e.g. wheat, rice, cotton, corn, etc) or extracted from inside the earth’s surface (e.g. crude oil, gold, copper, etc.).

In Commodity trading, two or more investors can come together to first choose a commodity of their interest and decide upon a unit price and data/time of the completion of the contract. Once the contract reaches its expiration, if the unit price of the asset is higher than the pre-decided price, it’s the buyer who makes the profit and if the unit price of the asset drops than the pre-decide price, it’s the seller (manufacturer) who is at an advantage. This particular process is referred to be CFD’s (contracts-for-difference).

The best thing about having CFD’s in commodity trading is that neither of the investors has to own a certain amount of money to buy the asset or needs to have the resources to manufacture them. Once the contract has reached its fulfillment or expiration, both the investors have the option to either continue with it as an on-going contract or cancel it and start a new one with new terms and conditions.

Cryptocurrencies Trading

Cryptocurrency trading is the most recent addition to the online trading industry and is considered by many expert traders and analysts to be the trade that will be able to take over Forex trading in the coming years. The reason behind this speculation is that Cryptocurrency is as volatile and liquid as forex and it is even more secure than forex.

The cryptocurrency was introduced to the entire world and mainly to the internet community back in 2009 with the creation of Bitcoin. This gave birth to another source of trading that existed as a decentralized entity, encrypted with cryptographic keys shared only between the sender and receiver without the interference of any central or middle party regulating these transactions. Many expert programmers recognized the importance of this opportunity and started developing crypto-currencies of their own.

Also Read: Collapsing Bitcoin Futures Premium Provide Glimpse of New Digital Money Market

This led to a large inflow of investors to storm towards this trade and till now, more than 1600 crypto-currencies have been introduced and due to their liquid and volatile nature, many people are investing their money in this trade and making huge profits. At present, the top crypto-currencies to trade in are Bitcoin, Ethereum & Litecoin, etc.

Trading Platform that Investors Get to Trade With

To ensure that the investors get to trade in the most user-friendly and competitive trading environment, Currency.com has developed a trading platform of their own because if they relied on a third-party trading platform, it would stop them from providing their clients with the facilities that they had to offer. To achieve this goal, Currency has developed an intuitive trading platform that is equipped with state of the art interface, top-notch trading tools, high-end chart styles, 70+ accurate technical indicators, buy start/end, sell start/end, and many more.

These features not only facilitate investors in trading but also act as catalysts to boost morale as well as the confidence of investors so they can perform their activities without any hesitation or worry.

The great news for the potential investors is that the Currency.com trading platform is also integrated into online browsers and smartphones via IOS & Android apps. This step was taken by the experts at Currency to ensure that their investors are able to trade without being dependent or bound to a single operating system and can perform their trades with a single click or a tap.

Why Must You Choose Currency over Others?

If you have read the article till the last paragraph then it means that you are serious about investing in the online trades and are looking for a brokerage that can help you make the most out of your investments. So, your search ends with Currency as you will never find a brokerage that dares to provide investors with two services (brokerage & exchange) and is focused on providing investors with the best trading experience through a trading platform developed by the company itself to meet client demands and make improvements based on their feedback.

Furthermore, trading through Currency.com opens doorways for you to trade in the top financial markets around the globe with the tightest spreads and they apply no hidden charges for these. Other benefits of you trading through Currency are that you can avail high level on crypto spreads, you receive the latest news on trading markets, you can trade with up to 1:100 leverage, and your assets, as well as trades, are kept secure with a security system that is on par with industrial level security.

Also, if you ever find yourself stuck in a situation where you require assistance or a piece of advice from an expert, you can always reach out to Currency’s 24/7 customer support via email or live chat support that is available through popular social media platforms such as Whatsapp, Viber, etc.

So What is Your Take?

Always remember that no matter how attractive and profitable the world of online trading may seem the risk of losing everything also runs parallel to making fortunes. If you are putting all the effort that is required from your end while trading and the luck is on your side, you are bound to make fortunes and if it is the other way then you need to stay calm and rational, as these are the keys to success in online trading. If you think it is not manageable for you, then it is wise for you to change your mode of investment before you regret making your decision.

DIGITAL ECONOMY WR

Achieving Transformation Through a Digital Economy

Transformation is a critical evolutionary journey that is borne of change, reflecting a strong need to be better and to improve the modus operandi of simple, complex, standardized and dynamic processes. This need to improve the modus operandi first carefully evaluates the possibility of achieving desired outcomes and results faster, cheaper, and in more resource-efficient ways that characterize lean enterprises and systems. It is because time and resources are scarce but valuable assets that optimizing these assets makes for a strong business case, which creates foundations for sustainability in businesses and organizations.

It is therefore business model innovation that unlocks this key to transformation. For instance, the world’s first taxi company was started in 1897 by an Entrepreneur from Stuttgart, Friedrich Greiner.  But a lot had happened before this: Karl Benz created the world’s first gasoline engine car in 1879, and Gottlieb Daimler created the world’s first taxi in 1897. Clearly, the need to serve individuals who couldn’t afford cars created an entrepreneurial drive to start the first Taxi Company. This process of running Taxi companies evolved in 2009 when Garrett Kamp and Travis Kalanick founded Uber. Uber had, thus, redefined the taxi business through business model innovation that focused on lean resources and efficiently managing digital networks driven by peer-to-peer connectivity, information exchange and analytics. Like conventional taxi companies, they didn’t have to own the taxis, but they achieved the aim of serving individuals without cars by managing the digital platform on which drivers connect with passengers.

This is the foundation of a digital economy, a term coined by Don Tapscott in 1995. World economies are undergoing a rapid digital transformation. The “digital age” is an era that introduces business model innovation which transforms resource-based economies into knowledge-based economies with technology resources like big data and the Internet of Things, and this transformation is what brings about digital economies. The focused and streamlined interactions of unique digital business and economic models make for a digital economy.

What Is A Digital Economy?

 

A digital economy is an economic output that is achieved from the numerous transactions, services, business relationships, rapid data exchanges, and process evolution through online mediums. This economic output which would have otherwise been achieved through physical interactions and transactions is a product of hyper-connectivity through online platforms, which completely eradicates the need for physical meetings and locations. This saves time, reallocates precious resources to other productive and innovative areas, and drastically reduces the cost of operations.

The important distinguishing factor of the digital economy is that it changes the way consumer utility is created through novel delivery channels of goods and services by creating dynamic and rapid supply and value chains. It also changes the outlook of interconnectedness by leveraging on digital computing technologies to drive macroeconomic influences that affect conventional economic systems and models. In other words, the digital economy can, depending on the effectiveness of the technology employed, achieve economic output in seconds which would have been achieved in minutes or hours in conventional economic systems. This entire process is a transformation from conventional economic systems to digital economic systems and models, and it represents the effectiveness of business model innovation in creating lean businesses, processes, and systems.

Pros and Cons of The Digital Economy

The digital economy embeds technologies like the Internet of Things, mobile technologies, big data analytics, e-business, and e-commerce to facilitate new products and services, generate new processes, and create new channels of distribution. However, there are possible pros and cons that might arise from the Digital Economy.

Pros

  • Growth of digital platforms: Digital platforms make for an increasingly interconnected world. Social Media platforms(Facebook, Twitter, YouTube), e-business platforms(Uber, Netflix, AirBnB), e-payment platforms(Flutterwave, Paystack) and e-commerce platforms(Alibaba, Amazon) ensure rapid generation of e-transactions owing to expansive interconnectivity on platforms.
  • Transparency: The digital economy ensures transparency in a way that transactions are seamless and clear for the consumer to follow. Banking transactions are a strong example, as well as payments on e-finance platforms. This has also been aided by the reality that national governments push for demonetization (use of online applications for payments).
  • Digitized Goods and Services: The digitization of goods and services makes it easier to simplify transactions. Digitized music, for instance, makes it easier to checkmate piracy than it would be with CDs and DVDs. Online Banking Services makes it easier to monitor transactions compared to manual ledger entries; they are also faster than transactions on the counter. Cryptocurrencies are digitized forms of paper currencies that run on blockchains and enable decentralised peer-to-peer transactions.

Cons

  • Shortage of digital experts: Because a digital economy requires complex technologies to run, it a steady stream of skilled and technical experts to maintain. This is especially true for most Less Developed Countries which require skills in this area. TheWorld Bank reports that Nigeria, despite being the biggest economy in Africa, needs to close the gap in five identified pillars of the Digital Economy for Africa Initiative: Digital skills, digital platforms, digital financial services, digital infrastructure and digital entrepreneurship.
  • Requires heavy infrastructure: The digital economy needs strong broadband internet services to run. This already puts regions in remote areas with no access to Internet at a disadvantage.
  • Potential loss of employment: There is the chance that resorting to digital technologies create a few redundancies in conventional economies. However, industry 5.0 looks at the possibility of fostering interactions with human and digital/smart technologies.

Markaccy’s Digital Economy Solution

Whilst centralised digital networks focus on convenience of transactions and generation of new forms of utilities for the consumer, decentralised networks ensure that the same outcome is achieved through transparent, trust-basedand peer-to-peer platforms. This is where blockchain technology becomes useful in driving the model Digital Economy, a unique business model innovation that disrupts The digital economy run by centralised networks and platforms.

Markaccy is a blockchain technology company created off the Ethereum blochchain. It is a decentralised finance project that offers speedy peer-to-peer transactions and services on its platform. Markaccy’s long term project is the creation of a digital economy that runs on its blockchain, achieving decentralised interconnectedness with its Digital Health Systems, Digital/Decentralised Finance, Digital Music, Digital Energy and Smart Consulting platforms. As per Markaccy’s Ferris Wheel Project, the aim is to run the digital components independently before interconnecting these digital components in a unified interface on the blockchain. The addition of more than a targeted 30 million users from Africa, South-East Asia and Central America will enforce the digital economy as a functional transparent system where trust, elimination of centralised authorities, unified currency for medium of exchange(Markaccy digital tokens) and eradication of language barriers are achieved.

Markaccy’s Digital Economy Operating Framework

Markaccy’s Digital Economy Framework above shows how the Digital Economy will function. Smart contracts link the digital components together by creating verifiable transactions, services and relationships on all fronts, and Internet of Things(IoT) ensure interconnectivity with all digital components on the interface, both linking back to the MarkaccyMainnet. Data Privacy remains the key and crucial element in Markaccy’s Digital Economy, which is what promotes trust in the economic model, and feedback is constantly looped back to the Mainnet for improvements, which Markaccy’s developers utilise. Stakeholders will also contribute to driving economic activity and championing regulation where appropriate, and more importantly, the Digital Economy will drive relationships between smart technologies and human workforces which will help prevent redundancies in an expansive digital model.

This has a strong appeal compared to the digital economy run by centralised authorities. Placing transactional power in the hands of end-users, as well as strengthening data privacy, are concepts that are strong amongst Markaccy’s operating philosophies which promotes a digital economy of trust.

Markaccy will optimise strengths of the digital economy in the following ways:

  • Strengthening Consumer Experience: By utilising the speed and hyper-connectivity that blockchain brings, Markaccy can revolutionise consumer experience by promoting digital communities where transactions are interactive, feedback-driven and friendly to exchange of ideas and data. This will promote healthy competition and ensure quality and more accountability with service providers on the blockchain.
  • Creating New Work Environments: Decentralised Enterprise Systems will ensure that relevant stakeholders are part of organisations on the Markaccy blockchain, which will improve accountability and performance standards. Moreover, the blockchain network will be organised in such a way that digital organisations will evolve, eliminating the need for physical offices and locations and creating lean enterprises.
  • Enhancing Value Chain: Markaccy’s decentralised Digital Economy will be programmed to help organisations flag non-value adding activities, therefore creating a transparent and efficient value chain and boosting effectiveness and output.
  • Incorporation of Internet of Things: This is will be the underlying technology of Markaccy’s Digital Economy. It will ensure the linkage of essential technologies that will keep the digital economy afloat: Smart Contracts, Data Privacy, and Digital Business Enterprise Platforms. Internet of Things will connect platforms, people, language translations thus eradicating language barriers and even resources.

While the Digital Economy requires complex technologies to pull off, Markaccy is aware of the potential of the business model innovation to transform the digital economy. This transformational process will be for the end-users, for Markaccy, for partners and for stakeholders, which is what makes it a crucial long-term project. Through the invention of the digital economy, Markaccy can solve complex problems in simple ways, and it can also address problem gaps of target operating areas of Africa, South-East Asia, and Central America.

MARKACCY OFFICIAL SOCIAL MEDIA HANDLES

Facebook – https://www.facebook.com/Markaccy

Twitter – https://www.twitter.com/Markaccy

Instagram – https://www.instagram.com/markaccyofficial

Official Telegram – Markaccy (MKCY) official

Philippines – t.me/Markaccy_philippines

Bangladesh – t.me/Markaccybd

Vietnam – t.me/MarkaccyVietnam

Indonesia – t.me/MarkacCy_INA

Bounty telegram channelt.me/Markaccybounty

KNOW MORE ABOUT MARKACCY

Click on any of these links to give you in-depth details about Markaccy.

WEBSITE: https://www.markaccy.io

WHITEPAPER: https://markaccy.io/whitepaper.pdf _whitepaper

SMART CONTRACT: https://etherscan.io/address/0xF3281c539716a08c754EC4C8F2B4cEe0faB64BB9

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