Flexion Token – The Great Vision

1. DENT (DENT):

DENT is a blockchain-based platform that works to create a global marketplace that allows anyone to buy and sell mobile data packages. DENT’s mission is to tokenize, liberate and democratize mobile data and bandwidth. The company has developed a marketplace and mobile application that allows buying and selling of mobile data packages using blockchain technology.

The platform runs on the Ethereum-based blockchain and creates a transparent and easy data pricing landscape.

How it works?

The operation of the DENT platform is quite simple. All users who are registered on the DENT network simply need to change their existing mobile data packages to ones that are more suitable and economical for them. This platform will allow end users to easily interact with the telecom industries and thus lead to improved transparency and mobile data usage.

Partnerships

DENT network operates successfully worldwide through its partnerships with multiple telecommunication industries.

In the United States, the company partners with AT&T and Verizon, in Mexico with Telcel, Nextel and Movistar, in Brazil with Oi and Vivo, in Bangladesh with Airtel, Robi, Grameenphone and Banglalink, in South Africa with Vodacom, MTN, and CellC, in Morocco with Orange, Moroc Telecom and Inwi, in Spain with Vodafone, Orange and Yoigo, in Singapore with M1, Starhub and Singtel, in Sri Lanka with Airtel, Etisalat, Mobitel, Hutchison and Dialog, with Claro in Puerto Rico and Claro Costa, Tigo in Guatemala and Du in the UAE.

Road map

Launched in 2017, the DENT network has successfully managed to become the best blockchain-based telecommunications project with 3.5 million users worldwide. In the 3rd and 4th quarter of 2018, the company aims to increase its partnerships with more countries and operators and to be listed on more crypto exchanges.

For 2019, the company is focusing on the global launch of voice calling and SMS services, video calling, retail data rewards and reaching 15 million users in 70 countries by the end of the second quarter of 2019.

Token value information

Total supply: 100,000,000,000 DENT

Circulating Supply: 17,241,387,101 DENT

Market Cap: $44,036,974 USD

ICO price: $0.000639 USD

Current price: $0.0025 USD

1. QLINK (QLC):

Now known as QLC Chain, Qlink is the first public blockchain for a decentralized network. QLC Chain envisions a system where users can buy connectivity from their peers. That is, renting out access to someone’s Wi-Fi, selling unused data to other users, and getting a cell signal from a base station in someone’s house.

More broadly, the project is working to build a network-as-a-service infrastructure that will implement smart contracts to facilitate dapps and other network functions and features.

The QLC Chain network tries to solve the problems of over-provision of network capabilities, under-provision of network access, centralized operations, etc. by decentralizing the telecommunications and connectivity market.

How it works?

With the QLC Chain platform, anyone from anywhere in the world will be able to operate a small base station from their home, providing cellular service to the surrounding area. Every time a user connects to another user’s base station, a small percentage of their payment will be given to the base station operator.

The platform also accepts advertisers who can pay to include their content on the Qlink network.

Partnerships

The QLC Chain team has partnered with over 40 telecom operators from around the world to provide decentralized mobile data services to their 6 million customers. The network also has a partnership with NEO as it is built on the NEO blockchain. Other network partners include Binance, Ontology, Block Array, Cenntro and intop.

Road map

Launched in December 2017, the QLC circuit aims to develop a standard Wi-Fi sharing protocol and E2P SMS application. The end of the second quarter of 2018 saw the development and implementation of data access and content distribution in the public chain.

Towards the end of Q4 2018, the network will launch the QLC public chain on the mainnet and integrate with IPFS.

Token value information

Total Supply: 600,000,000 QLC

Circulating Supply: 240,000,000 QLC

Market Cap: $12,239,064 USD

ICO price: $0.352 USD

Current price: $0.050 USD

1. TELCOIN (TEL):

Telcoin is the first cryptocurrency that works to improve interactions between mobile telecom and blockchain technology. It is built on the Ethereum blockchain and can be used to make payments to anywhere, provided their mobile number is known.

Telcoin is a crypto currency that will be distributed exclusively by GSMA mobile network operators.

How it works?

Telcoin will be distributed to mobile network operators who will sell it to their customers. This will facilitate efficient money transfers, access to crypto currency and crypto card payments.

The work of the platform starts with the end users who, with their crypto wallet fully integrated with the Telcoin API, will have access to multi-signature wallets with three private keys. Telcoin will maintain a record of users’ mobile phone numbers, their public key and one encrypted private key.

Telcoin provides a cheaper and faster way to send and receive money, and even people who don’t have a bank account can easily use Telcoin.

Partnerships and Roadmap

The Telcoin network started in 2017 and made its way through the first quarter of 2018 by identifying its potential partners worldwide. In the second quarter, the company implemented its partnership with telecom operators in Europe, South Africa and Japan. In the same quarter, it also initiated applications for all necessary clearances in India, Pakistan, the United Kingdom, Indonesia and other key markets.

In the fourth quarter of 2018, Telcoin will roll out to Japan, followed by remittance services in Europe, East Asia, Africa and Southeast Asia in the first quarter of 2019.

Token value information

Total supply: 100,000,000,000 TEL

Circulating supplies: 32 034 497 783 TEL

Market Cap: $20,304,392 USD

ICO Price: $0.0071 USD

Current price: $0.00063 USD

1. BUBBLETONE (UMT):

BubbleTone is a blockchain-based telecommunications project that works to eliminate roaming. The platform connects mobile network operators and end users around the world in a blockchain-powered marketplace. The project gives traveling users the freedom to become legal local customers of any foreign landline operator in any country they travel to without having to change their SIM cards.

With BubbleTone, users will be able to make calls and use data-based services worldwide at local rates with direct connections to local operators. For operators, this platform provides the opportunity for global development without having to deal with complex network integrations.

How it works?

BubbleTone aims to eliminate the problem of international roaming, which creates unnecessary costs for both telecom operators and consumers. With the BubbleTone blockchain, travelers can easily become verified local customers of the country they are traveling to without needing to change their SIM card.

The platform also has its own mobile application, which is basically its marketplace that connects subscribers and local network operators globally.

The network is powered by UMT (Universal Mobile Token), which will be used in smart contracts to make transactions. This token can also be used to top up a user’s balance to pay for the telecom services they choose.

Partnerships

BubbleTone is currently partnered with Crypto Valley, REVESystems, CountryCom, Multi Digital Services, ShoCard and IDEMIA. Also, the company has partnered with telecom providers in more than 80 countries to ensure a seamless journey for users.

Road map

The initial version of the network’s smart contracts was ready in the first quarter of 2018. Q2 saw a Web-API to integrate mobile operators and service providers in more than 80 countries. By the end of the 3rd quarter of 2018, the company aims to receive approval from the International Telecommunication Union, followed by an expansion of the list of mobile operators and service providers with which it works by the 4th quarter of 2018. In the first quarter of 2019, the company will sign agreements with all operators and launch the first prototype of a global SIM-chip that will be embedded in mobile devices.

1. BLOCKSIMS (SIM):

BLOCKSIMS is a decentralized payment gateway that works to solve the problems associated with traditional telecommunications through blockchain technology. The platform aims to completely eliminate the fee charged by data and voice service providers and provide users with rewards and accounts generated through digital advertising.

The platform works to ensure seamless dissemination of information by developing new revenue channels, thereby eliminating the need for middlemen in the telecommunications process.

The BLOCKSIM platform uses the Ethereum blockchain to offer a level of transparency while incentivizing users to adopt and use the platform.

How it works?

BLOCKSIM has partnered with leading telecom industries worldwide and offers international SIM cards through its SIM token. This will give BLOCKSIM users unlimited voice and data services worldwide and users will be incentivized up to $100 USD.

Each SIM token holder will have a SIM LOCKED card which will be valid for lifetime including unlimited and free data and voice services.

Partnerships and Roadmap

BLOCK SIM and SIM tokens were conceptualized in April 2017, followed by research and development that culminated in the launch of the BLOCKSIM ICO in March 2018. The ICO ended in April 2018 and in October the world will see the introduction of BLOCK SIM with mobile app for Android and iOS. The company aims to have at least 15% of the world’s telecom users on a BLOCK SIM card by 2020.

In 2017, Bitcoin saw a lot of growth and people made a lot of money in the process. Even today, Bitcoin is one of the most profitable markets. If you are just a beginner, you might want to do your homework before investing in Bitcoins. Below are 5 expert tips that can help you avoid some common mistakes while trading Bitcoin.

1. Learn the basics first

First, you may want to learn the basics so you can get a better idea of ​​how to buy and sell bitcoins. You may also want to read reviews of popular Bitcoin exchanges to look for the best platform.

As with other types of financial investments, you may want to find ways to protect your investment. Make sure your assets are protected against fraudsters and cyber attacks. After all, security is the most important aspect of any type of investment.

2. Consider market capitalization

It is not a good idea to make this type of decision based on the price of the coin alone. However, the value of cryptocurrency is only valid if you consider the existing supply in circulation.

If you want to buy Bitcoin, don’t focus too much on the existing value of the currency. Instead, you may want to consider aggregate market capitalization.

3. Invest in Bitcion instead of Bitcoin mining

The Bitcoin mining industry is growing at a rapid pace. In the beginning, it wasn’t that difficult to earn bitcoins by cracking the cryptographic puzzles. Later it was possible to mine Bitcoin only in special data centers.

These centers are full of machines designed to mine Bitcoins. Today, if you want to build a home mining center, you may have to spend millions. So it is better to invest in bitcoins.

4. Diversify your investments

New Bitcoin investors tend to have a short-lived passion for the cryptocurrency. In truth, with Bitcoin you can diversify your investment risk. If you invest wisely in cryptocurrency, you can enjoy the same rewards that you get by investing in Forex. All you need to do is put together a solid risk management strategy.

In other words, you may not want to put all your eggs in one basket. So you might want to invest in other cryptocurrencies as well.

5. Set clear goals

Since Bitcoin is a new market, it can be difficult for you to know the right time to trade your Bitcoin. The value of Bitcoin is variable, which means you need to have clear goals in terms of profit and loss.

You may not want to make the mistake of making investment decisions based on your emotions. Making smart moves can help you minimize losses and make good progress.

In short, if you are going to invest in Bitcoin, we suggest you follow the advice given in this article. This will help you make wise decisions and stay safe at the same time. Just make sure you avoid common mistakes when running this business.

The background

Initial coin offerings on blockchain platforms have painted the world red for tech startups around the world. A decentralized network that can distribute tokens to users backing an idea with money is both revolutionary and rewarding.

Profit-spinning Bitcoin proved to be an “asset” for early investors, giving multiple returns in 2017. Cryptocurrency investors and exchanges around the world jumped at the opportunity, which gave them huge returns, leading to the rise of numerous online exchanges. Other cryptocurrencies such as Ethereum, Ripple and other ICOs have promised even better results. (Ethereum grew by more than 88x in 2017!)

While international commodity organizations brought millions of dollars into the hands of start-ups within days, the ruling governments initially chose to keep an eye on the fastest fintech development ever, which had the potential to raise millions of dollars in a very short period of time.

Countries around the world are considering regulating cryptocurrencies

But regulators have grown wary as the technology and its underlying effects have gained traction, as ICOs have begun to consider billions of dollars worth of funds — also on proposed plans written in white papers.

In late 2017, governments around the world jumped at the chance to intervene. While China has banned cryptocurrencies entirely, the SEC (Securities and Exchange Commission) in the US has highlighted the risks they pose to vulnerable investors and proposed treating them as securities.

A recent cautionary statement from SEC Chairman Jay Clayton issued in December cautioned investors by mentioning,

“Please also note that these markets span national borders and that significant trading may occur on systems and platforms outside of the United States.” Your invested funds can quickly travel abroad without your knowledge. As a result, risks may be increased, including the risk that market regulators, such as the SEC, may not be able to effectively prosecute bad actors or recover funds.”

This was followed by India’s concerns, with Finance Minister Arun Jaitley in February saying that India does not recognize cryptocurrencies.

A circular sent by the Reserve Bank of India to other banks on April 6, 2018, asked banks to sever ties with companies and exchanges involved in cryptocurrency trading or transactions.

In the UK, the FCA (Financial Conduct Authority) announced in March that it had formed a cryptocurrency task force and would take help from the Bank of England to regulate the cryptocurrency sector.

Different laws, tax structures in different nations

Cryptocurrencies are primarily coins or tokens launched on a cryptographic network and can be traded globally. While cryptocurrencies have more or less the same value around the world, countries with different laws and regulations can provide different returns for investors who may be nationals of different countries.

Different laws for investors from different countries would make calculating returns a tedious and cumbersome exercise.

This would involve investing time, resources and strategies, causing unnecessary prolongation of processes.

The solution

Instead of many countries creating different laws for global cryptocurrencies, there should be the constitution of a single global regulatory body with laws to apply across borders. Such a move would play an important role in improving legal cryptocurrency transactions around the world.

Organizations with global purpose like UN (United Nations), World Trade Organization (WTO), World Economic Forum (WEF), International Trade Organization (ITO) are already playing an important role in uniting the world on various fronts.

Cryptocurrencies were created with the basic idea of ​​transferring funds around the world. They have more or less similar value in the exchanges except for the minor arbitrage.

A global regulatory body to regulate cryptocurrencies worldwide is the need of the hour and can establish global rules to regulate the latest way of funding ideas. Currently, each country is trying to regulate virtual currencies through laws that are in the process of being drafted.

If the economic superpowers with other countries can build a consensus to introduce a regulatory body with laws that know no national boundaries, then this will be one of the biggest breakthroughs towards designing a crypto-friendly world and will encourage the use of one of the most -transparent financial technology system ever - blockchain.

A universal regulation consisting of subsections related to cryptocurrency trading, refunds, taxes, penalties, KYC procedures, exchange-related laws and penalties for illegal hacks can give us the following advantages.

1. It can make calculation of profits extremely easy for investors worldwide as there will be no difference in net profits due to uniform tax structures

2. Countries around the world can agree to share a certain portion of profits as taxes. Therefore, the states’ share of taxes collected will be the same throughout the world.

3. It can save the time required to set up multiple committees, draft bills followed by deliberations in the legislative arena (such as the Parliament in India and the Senate in the US).

4. You don’t need to go through the strict tax laws of every country. Especially those involved in multinational trade.

5. Even companies offering tokens or ICOs will comply with the said “international law”. Therefore, calculating the income after tax would be easy for companies

6. A global structure will require more companies to come up with better ideas, thus increasing job opportunities around the world.

7. The law could be aided by an international watchdog or regulatory body for global currencies, which could have the power to blacklist an ICO offering that doesn’t adhere to the norms.

These are not all the advantages when it comes to a law to govern cryptocurrencies around the world. There are certain disadvantages as well.

Getting the world’s financial leaders to come together and draft a law could take time. Discussions and bringing them to consensus can be challenging

1. Countries or economies providing tax-free structures may not agree to adopt the law that provides for a universal tax policy

2. Global watchdog or regulatory intervention in monitoring ICO-related regulatory developments may not go down well with some countries

3. Universal law can cause the world to split into factions. Countries that do not support cryptocurrency like China may not be part of it.

4. The law may be a figment of the imagination of economically powerful nations who could design it to suit their best interests.

5. This law will be centralized with a global regulatory body unlike cryptocurrencies which are decentralized in nature.

Conclusion

The world was together for the better. Whether it’s creating a peaceful world after World War II or uniting for better trade laws and treaties.

The International Trade Organization (ITO), the World Trade Organization and the World Economic Forum have some of the best minds defining the global economy.

They can come together and be part of a body that will determine the economic prosperity of the world. They will help draft global cryptocurrency norms and may be part of the regulatory body that will be a guide and beacon for thousands of ICOs around the world for the better. This may take time initially, but it will make things easier for later times.

Every industry has been revolutionized by technology in the digital economy and brought about drastic changes. The banking industry is no different. Banks have successfully embraced the future of digitization. We are on the cusp of a radical revolution and yet most do not know. Even those people who appreciate the potential of blockchain technology often look no further than Bitcoin. Once one digs deeper and understands how blockchain works and its implications, one will inevitably realize its importance.

Blockchain is a distributed ledger that stores a comprehensive and unedited record of all relevant information related to a digital transaction. This ledger enables instant and stable settlement of transactions. Blockchain is a hit in banking because it reduces the length of time it takes to make a payment and eliminates redundant processes. Blockchain technology has the potential to disrupt banking. In a world where billions of people don’t have access to banks, blockchain technology could have a profound impact. Residents of developing countries with limited access to banking will get a chance to create an account and transact internationally. It will also allow citizens to have secure and reliable transactions between participants without the need for centralized monitoring or an intermediary.

It’s no surprise that financial institutions are exploring the unique capabilities of blockchain. Financial institutions can also use it to gain better insight into market movements and increase transparency. Blockchain technology can reduce a bank’s infrastructure costs and enable faster processing times. Data management is a big issue in banking, but with the help of blockchain technology, banks can store any type of data and allow access to that data only according to pre-set rules.

Trade finance is a major area in banking that could be transformed as a result of blockchain technology. Outdated processes in banking need to be updated in terms of cost and efficiency. Blockchain is the best platform to bring parties together in a secure network without a third party and by making every transaction secure.

Be it payments, fast transactions or transparency, the main features of blockchain such as efficiency, cost-effectiveness and secure transactions are several reasons for the increasing popularity of this technology in financial organizations. Blockchain technology has enough potential to change the entire banking system. But much more needs to be done for financial organizations and residents to fully realize the implications and benefits of blockchain. However, there is no doubt that blockchain technology holds the key to improving the banking system. The use of this technology can bring many effective benefits in the banking industry.

In terms of market size, the Forex market is undoubtedly the largest market in the world. It boasts an average turnover of over $4 trillion per day. Over time, this large but decentralized marketplace has become extremely popular. Above all, this is due to a number of innovations in the world of technology over the past few decades. Today, with the help of technology, millions of traders can enter the forex market. If you are new to this market, below are 5 facts that can give you a deeper insight into this business world.

1. Small wins add up

Although Forex is one of the best markets in the world, most traders do not make huge profits in the beginning. Initially, they analyze the market and make several trades with small amounts of money, earning small profits. Over time, small gains add up. This type of trader has a lot of trading experience.

In fact, your goal should be to use the right strategy to keep winning without suffering huge losses.

2. Choosing a reputable broker is important

For ROI, the Forex market offers an endless array of possibilities. But it is really important to sign the contract with a good reputable broker. By good we mean a broker that is regulated and licensed. Proper research is necessary to ensure that you are hiring a broker who is professional and established. They should offer different types of services including good customer support.

3. Emotions are not important

By nature, trading is an emotional endeavor because your hard-earned money is being staked on a map that is volatile and unpredictable. But if you enter the market with an emotional mindset, you will be more likely to suffer failures. In fact, when you are emotional, you tend to make hasty decisions.

If you don’t want this to happen, you may want to build a trading strategy based on a trial trading account, which is known as a demo account. In fact, learning to trade objectively is only possible if you put your emotions aside when you trade. This will increase your chances of ROI on a regular basis.

4. Insider trading is a false belief

Contrary to what most people may have told you, there is nothing true about insider trading in the Forex market. So it is important to keep in mind that you will have to make your decisions based on the current market conditions and the latest news. In other words, there is no magic way or short cuts to making profits.

5. A simple strategy works better

Finally, if you are looking for a solid approach to achieve success in this trading world, you should use a simple strategy instead of a complex one. In other words, you should choose a simple but proven strategy based on a thorough market analysis. You can apply this strategy throughout your trading career.

Simply put, cryptocurrency is digital money that is designed in a way that is, in some cases, secure and anonymous. It is closely related to the Internet, which uses cryptography, which is basically a process where readable information is converted into an uncrackable code to trace all transfers and purchases made.

Cryptography has a history dating back to World War II when there was a need to communicate in the most secure way. Since then there has been an evolution of the same and today it has become digitized where various elements of computer science and mathematical theory are used for the purpose of providing communications, money and information online.

The first cryptocurrency

The first cryptocurrency was introduced in 2009 and is still well known around the world. Many more cryptocurrencies have been introduced in the past few years and today you can find so many available on the internet.

How they work

This kind of digital currency uses technology that is decentralized so as to allow different users to make payments that are secure and also store money without necessarily using a name or even going through a financial institution. They are mainly managed on blockchain. Blockchain is a public ledger that is distributed publicly.

Cryptocurrency units are usually created using a process called mining. This usually involves the use of computing power. This solves the mathematical problems that can be very complex when generating coins. Users are only allowed to buy the currencies from the brokers and then store them in crypto wallets where they can spend them with great ease.

Cryptocurrencies and the application of blockchain technology are still in their infancy when thinking about them from a financial perspective. More uses may emerge in the future as one never knows what else will be invented. The future of transactions in stocks, bonds and other types of financial assets may very well be traded using cryptocurrency and blockchain technology in the future.

Why Use Cryptocurrency?

One of the main features of these currencies is the fact that they are secure and that they offer a level of anonymity that you may not get anywhere else. There is no way a transaction can be reversed or tampered with. This is the biggest reason why you should consider using them.

The fees charged for this type of currency are also quite low and this makes it a very reliable option compared to conventional currency. Since they are decentralized in nature, they can be accessed by anyone unlike banks where accounts are only opened with permission.

Cryptocurrency markets offer a brand new form of money and sometimes the rewards can be great. You may make a very small investment only to find it has mushroomed into something great in a very short period of time. However, it is important to note that the market can also be volatile and there are risks involved in buying.

The concept of cryptocurrency was introduced in 1991. However, the first real implementation was done in 2008 by Nakamoto. The first question arises what is cryptocurrency. It is a financial arrangement where currency is transferred between the two countries. Early on, problems such as the double fault method arose, although the problem was later solved by concepts such as blockchain technology. The whole process is managed by cryptographic algorithms. A set of public and private keys is transferred between the two parties. The details of each transaction are stored in each block and for each customer; a chain of blocks forms the complete list of transactions. All blocks together form the block chain. These blockchains are nothing but the financial ledger. The strength of this new currency transaction system depends on the power of the cryptographic algorithm. With the implementation of algorithms such as DES, the secrecy of each financial transaction (block chain) is enhanced. However, the concept has not yet been approved by many countries. Each block’s data cannot be changed retroactively or without network consensus. The share of cryptocurrency is currently not that big, but over time it is expected to grow.

Some of the characteristics of cryptocurrency are:

• Decentralized

• Distributed

• Public ledger

The most important aspect of cryptocurrency is the above, but the technology requires security for effective use. Issues such as a double error have occurred in the past, although this issue has now been resolved. The biggest advantage of cryptocurrency is its update feature without touching the central server. Therefore, we should not make any changes to the server. Also, the transaction can take place between two members of the network or between three or more.

Thus, the various benefits you achieve through cryptocurrency are as follows:

• Safe

• Fast

• Reliable

• Accurate

However, the technology has evolved, although it is not accepted by all countries. The biggest sensation in cryptocurrency is Bitcoin. It is accepted by many countries. Likewise, you can find many other types of cryptocurrency. Each of them uses a unique type of algorithms. You can learn all of them through cryptography. This is a vast topic and the application in the form of cryptocurrency is one of the major breakthroughs of the last decade. Use could definitely quadruple in the coming years.

The digital currency is additionally used as a part of questionable setups like illegal online businesses, for example, Silk Street. The first Silk Street was closed in October 2013, and two more forms have been in use since then. In the year since the main shutdown of Silk Street, the amount of unmistakably dark markets expanded from four to twelve, while the number of drug publications expanded from 18,000 to 32,000.

Darknet markets present legality challenges. Bitcoin and various types of digital money used as part of obscure markets are not obviously or legally ordered in all parts of the world. In the US, Bitcoins are called “virtual resources”. This kind of dubious arrangement is straining law enforcement offices around the world to adjust to the shifting drug exchanges in murky markets.

Cryptocurrency is a digital alternative to using credit cards or cash to make everyday payments in a variety of situations. It continues to develop as a viable alternative to traditional payment methods, but it still needs to become more stable before it is fully accepted by ordinary people. Let’s take a look at some of the many benefits of using cryptocurrency:

Fraud – Any issue of fraud is minimized as cryptocurrency is digital, which can prevent reverse or counterfeit payment. This type of action can be a problem with other traditional payment options such as credit card due to chargebacks.

Identity Theft – You don’t need to give out personal information that could lead to identity theft when using cryptocurrency. If you use a credit card, the store receives a lot of information related to your credit line, even for a very small transaction. Also, paying with a credit card relies on a withdrawal transaction that requires a specific amount from an account. When paying in cryptocurrency, the transaction is push-based, giving the account holder the option to send only the exact amount due without any additional information.

Versatile use – payment can easily be made with cryptocurrency to meet certain conditions. A digital contract can be created to make a payment that is executory at a future date, to refer to external facts, or to obtain approval from a third party. Even with a special contract, this type of payment is very fast and efficient.

Ease of access – the use of cryptocurrency is widely available to anyone with access to the Internet. It is becoming very popular in some parts of the world, such as Kenya, where nearly 1/3 of the population uses a digital wallet through the local microfinance service.

Low Fees – It is possible to complete a cryptocurrency transaction without having to pay any additional fees or charges. However, if a digital wallet or third-party service is used to hold the cryptocurrency, there will likely be a small fee.

International trade – this type of payment is not subject to country-specific levies, transaction fees, interest rates or exchange rates, making it possible to make cross-border transfers with relative ease.

Adaptability – with nearly 1,200 unique types of cryptocurrency on the global market, there are many options for using a payment method that fits specific needs. While there are many uses for the coins for everyday use, there are also those designed for a specific use or in a certain industry.

A quick comparison between cryptocurrency, gold and bitcoin

In some places, gold seems to have a more important place in the financial world. On the other hand, some people are starting to see Bitcoin as a valid method of holding our savings.

This allows us to shop and do other everyday transactions. For average users, Bitcoin and other cryptocurrencies seem to provide a suitable alternative. It’s probably a good time to compare gold to Bitcoin and Ethereum (another cryptocurrency).

People have used gold as a form of currency since millennia; while Bitcoin has only been around for a little over a decade. Although the concept has gone through a certain maturation process, gold still has a pervasive influence on the market. Bitcoin promises continuous improvements in convenience, security and functionality. Experts have compared the current state of Bitcoin to the Internet in the early to mid-1990s. Bitcoin proponents argue that almost all of the improvements associated with gold have already happened, as evidenced by the mass adoption of all kinds of physical gold bullion products from millennia ago. In fact, some company acquisitions are done using gold as currency. They simply do not believe that the government will not go into hyper inflation.

The idea of ​​gold versus bitcoin is an important argument worth setting aside. Instead of choosing one of them; many of us would prefer to use a combination of them to take advantage of the better qualities of each. In fact, we saw a coexistence between Bitcoin and gold in the form of Casascius coins. This is the first case of Bitcoin and gold being collected and it won’t be the last.

Ethereum another crypto currency is at $1,549.00. It’s usually best mined with Raedon x 5 or 6 graphics cards, racked for optimal organization. Lan cables allow it to mine at high speeds to profit from power consumption.

Paper money is our solution to improve circulation, and gold is our ancestors’ solution to preserve the value of currency. Metal is less affected by inflation because it is much more expensive than paper or other cheap metals. And cryptocurrency is the new technological equipment to ensure reliability during transactions, with the timelessness and precision of a Swiss watch.

Despite the criticism, Bitcoin and other cryptocurrencies will continue to appeal to many people because of their distinct advantages, especially compared to conventional currencies such as paper money, which are inflated and often lost, spent or stolen.

It is based on instant, direct P2P (peer-to-peer) transactions to completely avoid cumbersome and expensive electronic payment systems. Over time, investors would find that Bitcoin provides an improved store of value compared to all serially printed flat currencies.

The Bitcoin protocol places a limit on the amount of Bitcoins available at one time. There will always be 21 million bitcoins and the system sometimes seems fairer than even the US dollar. With Bitcoin and other cryptocurrencies, users can gain greater financial privacy; although there are fears that the government will quietly enter the system with constant financial monitoring.

Blockchain… It has become ubiquitous: left, right and center – we hear about this technology everywhere. But it earned its fame on merit: no one can raise doubts about the multifunctional performance, dexterity and flexibility of blockchain.

Today, a number of blockchain app development companies are coming out with their services and there are certainly many experts in the market. Once you’ve decided to test and approve a blockchain yourself, there are many factors to consider. The internet is full of different sources and you will be able to find numerous tips on how to choose the best blockchain app development company.

We decided to compile for you a list of the most relevant tips that will ease the pain of choosing. Here we are!

1. Choose a blockchain development company that offers consulting services. Usually, companies like this are well-versed in blockchain technology and provide you with comprehensive, detailed expert reports. They will inform you exactly how you can benefit from implementing blockchain in your enterprise. Also, blockchain consulting companies are always up to date with the latest trends and can advise you to use the latest solutions.

2. Take a closer look at their website. Get to know the company’s portfolio: the projects they have completed (their complexity, industry, technology stack, etc.). It is recommended to pay attention to customer reviews as well. They usually indicate what sets the team apart from others, how quickly they completed the project, what methodology they used, and a general impression of the development and management processes. Also, to get more details about the professional competence of the company, you can even contact its customers directly to get their feedback.

3. Don’t be cheap. Of course, development costs are critical, and it’s good if you want to consider the financial aspects. However, don’t look for the cheapest development services as you may end up with complete disappointment. It is much better to just fix the budget of the project at the very beginning.

4. Look for a dedicated team. Sometimes you might feel a bit confused, saddened or even frustrated when you have to remind the team about your project goals or point out some bugs that haven’t been fixed and keep repeating themselves over and over again. Let’s agree that you don’t need these misunderstandings. Therefore, look for a company that will provide you with a dedicated team.

A dedicated team will work only on your project, deliver it on time, provide you with all necessary updates and organize daily/weekly virtual meetings.

1. Make sure the company provides dedicated support services. You should be aware that just developing a blockchain application is not enough. It is a well-known phenomenon that all applications require continuous maintenance even after the implementation process is over. Consider such support services as cloud hosting, live technical support, and bug fixes. A team of experienced developers will do their best to free your business from unnecessary problems in the future.

So here it is. The next time you’re considering which blockchain app development company to choose, keep these tips in mind.

Wishing you success!