Bitcoin Transforming The World

Based off of Binance exchange, the currently fastest growing exchange

Huge volume in China

Binance coin is a huge player in China’s crypto market

Currently undervalued to many

BNP Paribas , a French banking system invested millions into further Blockchain research.

This was in part of its belief that it will disrupt and change the way that payments are made each day.

Also believes in its world trading capability

SocGen, another French Bank believes that blockchain technology is the future of payments and digital currency is the way to go.

SocGen was also listed as hiring multiple developers and IT Specialists with knowledge on Blockchain and cryptos.

Banking Giant Citi Bank has been stated as showing financial and consistent support of blockchain tech.

Citi was stated as hiring Blockchain specialists

Citi has even started testing its very

own alt coin CitiCoin

Swiss Investment Bank UBS has been stated as showing open support in light of the blockchain and its tech.

UBS opened a lab dedicated to entirety of research and development of the blockchain and improving payment systems within its own banking systems.

Public sponsors of Barclays center in New York, Barclays has shown extreme interest in the development of the blockchain.

Barclays has signed multiple partnerships with

Cryptocurrency associated banks and exchanges

-Also noted as hiring blockchain devs

Banking giant Goldman Sachs has showed huge interest in blockchain technology.

Goldman Sachs has been yearly releasing reports on the cryptos that are uprising and states that it is here to stay — it has publicly announced it is bullish of Cryptos and has backed millions into its research.

The foreign banking system believes blockchain technology can improve fees that are associated with the usage of things such as wire transfers and credit cards.

The banking system has also been hiring various blockchain developers for its further research.

Blockchain help Github has over 500+ projects and is one the leading crypto development company in the world 

Crypto Currency Market In Japan

Japan is the most dominant global leader in the cryptocurrency market development today.

The main reason for this is the fact that japan stands out with its regulatory aspect towards cryptocurrency. In countries like India, China and some states in the US it is almost impossible to create a crypto company. For this reason, Japan is striving and a lot of major domestic firms are entering the industry through the country.

So what is cryptocurrency and why is it banned in some countries?

Cryptocurrency is a digital or virtual currency that has been designed to work as a medium or form of currency exchange which uses cryptography to secure and verify transactions as well as control the creation of new units in that particular cryptocurrency scheme. It can be seen as a tool or resource on a blockchain network that deals with buying, selling, investing, trading and so on.

What is blockchain technology?

A blockchain is a digital ledger in which transactions made in bitcoin or another cryptocurrency are recorded chronologically and publicly. In simple terms, a chain of blocks is formed, each block containing information and data that are bundled together and then verified. It stores cryptographically signed records of financial transfers, but it’s not just limited to this function. Blockchain can be used for other applications as-well, such as tracking ownership or the provenance of documents, digital assets and so on.

How are they connected?

Blockchain is a platform that brings cryptocurrencies to the market, it is the technology that forms a network between the users and the cryptocurrencies, this service in turn allows transactions to be made. Without blockchain, we would not have a means for the transactions to be recorded and transferred. In other words, it enables transferring values and information between its users.

Facebook

Github

Twitter

Instagram 

Blockchain Election Solutions

Voting in Elections
Your right to vote is one of the most basic yet important rights guaranteed to you and protected by the Constitution. Blockchain can help authenticate voter identity, record and track the votes cast, and count the votes to determine the winner. If each vote cast is considered a unique transaction and recorded such that votes can’t be illegally added or removed /modified, foul play can be completely eliminated and recounting of votes might not be required at all, saving so much time and tax payers’ money.
Leasing and Sales of Vehicles
Blockchain is set to make your experience of buying, selling and leasing of vehicles seamless and hassle-free. Simply choose the car that you want to lease. This information is recorded on the blockchain. You can then sign a lease agreement and insurance policy on the go (online) and the blockchain will reflect this updated information. With proper implementation, the day is not too far away when this facility can be extended to sales and registration of vehicles.
Apart from these sectors, blockchain can be used in the banking sector as a secure means of sharing and storing up-to-date information. It can be used in Internet of Things to securely transmit data related to critical infrastructure like power and transportation. From making ride-sharing more lucrative to professional drivers, improving internet advertising, simplifying verification of educational credentials, providing extra secure yet decentralized cloud storage (less chance of hacking), ensuring revenue from licensing agreements to music artists to better data sharing in the healthcare sector improving the accuracy of diagnoses, to enhancing effectiveness of supply chain management by reducing paper work, to improving the provision of public services by the Government (by maintaining public records), the applications of blockchain are multiple. Each of them warrants a separate post to elaborate how they can harness the benefits.
To sum up, irrespective of the sector to which it is applied, blockchain requires proper implementation and incentivization of each of the nodes to be successful.

Website 
Facebook
Twitter
Github
Instagram