Blockchain 101 Ep 83 – Asset Tokenization – Digix, Gold Backed Token!
Blockchain 101 Ep 82 Blockchain Projects Asset Tokenization!
Gold is an unparalleled safe-haven asset. Digix tokens are the gold of digital assets. Abbreviated as DGX, it functions as a safe haven in the crypto world. How is DGX backed by gold? It digitizes gold using blockchain. For example, you want to sell 1 KG of gold bullion. You may choose to cut it […]
Blockchain 101 Ep 72 Anonymous Crypto Asset #Dash!
The fourth type of blockchain project is Asset Tokenization projects. Asset tokenization is the representation of ownership of tangible assets using digital tokens. Notable examples are USDT, tokenizing the US Dollar, DigixDAO, backed by Gold. Each DigixDAO token represents 1 gram of LBMA standard gold. Asset Tokenization eases trading and safekeeping. Firstly, asset tokenization has […]
Blockchain 101 Ep 72 – Crypto asset New Economy Movement NEM
Dash debuted on January 1st, 2014, offering a higher degree of anonymity than Bitcoin. Dash has 3 transaction options. The first option is similar to that of Bitcoin; The second option is InstantX, without the need for miners to compete to process transactions. This allows transactions to be completed in seconds. The third option is […]
KuCoin 60s Crypto Gem | IoTeX (IOTX): Leading Blockchain to Transform Global Asset Tracking Industry
New Economy Movement, abbreviated as NEM, was created on April 1st, 2015. It was the first cryptocurrency to be built using test-driven development. What is test-driven development? It is the carrying out of tests before writing the code. One example: During housebuilding, workers lay out a string as guidance for laying the bricks to ensure […]
Blockchain 101 Ep 52 The feature of blockchain asset non replicable
Welcome to the 60-second Crypto Gem by KuCoin. Today, we will be talking about IOTEX and its native token, IOTX. IoTeX is building the world’s leading privacy-centric blockchain platform for the Internet of things, which connects smart devices to decentralized applications, to enable all physical and virtual things, including humans, machines, businesses and dApps, to […]
Blockchain 101 Ep 51 – The feature of blockchain asset Distributed ledger
The fourth feature of cryptocurrency is that it is non-replicable. Disseminating information online is through replication. When I send a funny picture to Mr Bull, the internet copies my picture and sends the copied version to him instead of taking away the picture I have. My picture is still in my smartphone. Hence, copyright infringement […]
Digital asset service provider Bakkt launches Visa encrypted debit card
The third feature of cryptocurrency is its distributed ledger. Your transaction request on a blockchain will not be delayed because of any public holiday, or be charged with a high transaction fee due to the bookkeeper wanting to make a profit; or suffer a loss from the bookkeeper’s dishonesty. All of these are done by […]
Unslashed launches decentralized insurance platform, asset insurance policy exceeds 1 billion U.S. dollars in cryptocurrency
Digital asset service provider Bakkt announced on Tuesday the launch of the Visa encrypted debit card, which allows customers to use their bitcoin and cash balances to purchase daily goods and services online or in stores that accept Apply Pay or Google Pay, including hundreds of thousands of dollars Vendors, grocery stores, etc. Bakkt is […]
Report: Goldman Sachs researches cryptocurrency as an asset class
Unslashed, a decentralized insurance agreement, announced on June 3 that it will launch a decentralized insurance platform based on the DeFi agreement. The Unslashed decentralized insurance platform supports exchange policies including Coinbase, Binance, BitMEX, etc., and also supports DeFi protocols such as Synthetix and Bancor, covering virtual assets of more than $1 billion. Unslashed, a […]
According to a recent report released by Goldman Sachs, a major US investment bank, the bank seems to have recognized that cryptocurrency is an emerging new asset class. Although just a year ago the bank stated that Bitcoin is “not an asset class” or “a suitable investment”. Economist Alex Krüger said on Twitter that Goldman […]