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Cryptocurrency Is IIegal In India: Clarifies Blockchain Committee Chief Update 8th February, 2018 by Ruchi Madan

Indian union budget 2018 made an announcement that had cryptocurrency investors and enthusiasts see red. Finance Minister, Arun Jaitley, said, “…The Government does not consider crypto-currencies legal tender or coin and will take all measures to eliminate use of these crypto-assets in financing illegitimate activities or as part of the payment system. The Government will explore use .....Read More

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Blockchain Technology And Entertainment Industry- A Match Made In Heaven Update 7th February, 2018 by Guest Author

Blockchain technology has myriad of applications and its impact on Entertainment industry is going to be disruptive. Entertainment industry has always battled huge issues such as piracy, unfair artiste compensation, creative ownership tussles, royalty thefts, and so on. The tamper-proof, distributed ledger system used by blockchains will remove intermediaries such as media aggregators, production .....Read More

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Bitcoins In A Slump- Is It The End For Crypto? Update 6th February, 2018 by Guest Author

Cryptocurrency star Bitcoin plunged to a two-month low last week making speculators and intellectuals ask the burning question- is this the end of the cryptocurrency craze? Bitcoins, at $9,000, are seeing a two-month low since November 2017. And the trend is the same for all cryptocurrencies indicating that investors are not jumping ship to altcoins but are actually abandoning the crypto bandwagon.....Read More

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Blockchain Simplified Update 5th February, 2018 by Stacy Clark

Blockchain is everywhere, literally. But not many people have a clear understanding of this simple, transformational technology. I say “simple” because if you understand its architecture and functionality, you will be marveled by how brilliant it is and in how many ways it can be exploited. Of course, there are complexities involved but they are at a micro level. So, if you are looking.....Read More

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Considering Bitcoin Mining? Here’s What You Need To Know Update 2nd February, 2018 by Ruchi Madan

Bitcoin mining is the process of adding new transaction records to the blockchain. It also results in creation of new Bitcoins in the system. It involves solving complex computational problems using computers (mining rig is the colloquial term). People who do mining are called miners and a group of miners who mutually agreed to divide the rewards of mining among themselves, form a mining pool. .....Read More

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Bitcoins- What Are They And How Do They Work? Update 30th January, 2018 by Stacy Clark

Bitcoin is a digital currency and a worldwide payment system. Bitcoins are not physical currency such as Dollars or Sterling, but lines of encrypted code that can be transferred from person to person. But just like cash or gold, Bitcoins can be used for purchasing things, can be traded for other cryptocurrencies, dollars or Euros, and can be stored and traded later when their value inflates. .....Read More

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A Bitcoin Buying Guide For Beginners Update 29th January, 2018 by Ruchi Madan

Bitcoins (BTC) frenzy is becoming huge by the day. People are mortgaging their precious properties to purchase and trade Bitcoins. Companies are being founded by investing Bitcoins. Bitcoins have their own exchange rates and ATMs. Fortune 500 companies like Expedia and Dell are accepting Bitcoin payments. Governments and public sector banks are also experimenting with this digital currency. .....Read More

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Bitcoin Gains To Be Taxable: Here’s What Investors Should Know Update 25th January, 2018 by Ruchi Madan

South Korean government has cracked down on its largest cryptocurrency exchange, BitHumb, and announced that it will charge 24.2% taxes on all cryptocurrency transactions. The announcement has sent ripples of panic among the South Korean public, one of the biggest investors in Bitcoins and Ethereum. Just last month, the country had banned opening of new crypto accounts in an effort to contain the .....Read More

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Blockchain Payments: Trends And Predictions For 2018 Update 24th January, 2018 by Stacy Clark

2017 was a milestone year for blockchain payments and cryptocurrency adoption, Bitcoins in particular. The last quarter saw Bitcoins surge in popularity then slump to a 40% low and pave the way for rival currencies such as Ripple and Ethereum. Blockchain payments are medium-agnostics, fast, and secure Experts had anticipated Bitcoins to extend beyond “Proof of Concept” to rea.....Read More

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2017 Was The Year Of The Bitcoin, 2018 Will Be Belong To Blockchain Update 23rd January, 2018 by Ruchi Madan

“Bitcoin” was the top-searched word on Google in 2017. Everybody (literally!) wanted to understand what this sensational alternate currency meant and how they could gobble a slice of the bitcoin pie. Bitcoin’s growth was sensational- from $1,000 on January 1, 2017 to nearly $14,000 now. Blockchain technology will impact all walks of life But, it was the technology behin.....Read More

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