The competition between Bitcoin and Ethereum is real, but it is not taking place in the same niche market. Unlike what most people think, Ethereum and Bitcoin are not achieving the same goal per se, as the former is focusing on making the blockchain more appealing to everyday users, whereas Bitcoin is all about changing the financial sector. Both are leaders in their niche, but they are not direct competitors either. Also read: Andreas Antonopoulos on Ethereum and Bitcoin at Blockchain Meetup Berlin Bitcoin And Ethereum Are Apex Predators There is no denying both Bitcoin and Ethereum are leading the charge in the world of digital currency and blockchain technology. Both projects have seen tremendous success and interest from investors over the past few years,…
It is always positive to see increased interest in the concept of Bitcoin and digital currency. Reaching a global audience is not an easy task, but the Internet is certainly an invaluable tool to do so. Now that the first Arab Bitcoin community has been formed, like-minded people can get together in the region and exchange valuable ideas about Bitcoin and the future of blockchain technology. Also read: Bitcoin Price Watch; Stop loss Hit, Moving on… Bitcoin in the Arabian World Up until this point, there has been very little information regarding the usage of Bitcoin in the Arab world. Even though we concluded the concept of Bitcoin is halal under Islamic law, there has been no word on any exchanges in the region or particular blockchain-based development. But all…
Finding out more information about the Bitcoin ecosystem is as easy as looking up the term on Wikipedia. At the same time, not all of this information is up-to-date anymore, although the various contributors try to keep things orderly. But in the end, decentralization is all about steering away from existing platforms such as Wikipedia. Coiners is a new platform acting as an open wiki focusing solely on blockchain and digital currency. Also read: Bitcoin Price Technical Analysis for 02/02/2016 – Ready for Another Break Out? Coiners – An Open Wikipedia With A Single Purpose As amazing as it is to look up information on Wikipedia, it is not the go-to solution for various topics. Especially when those topics tend to be very technical in nature, Wikipedia…
It is no secret that distributed ledger technology will make a major splash in the financial ecosystem over the next few years. Other than speeding up transactions and reducing fees associated with transferring value, distributed ledgers also create a global form of finance that was previously impossible. DH Corporation has applied blockchain technology to its global payment services offerings already, and became the frontrunner in the financial industry to do so. Also read: Gaming Giant Wargaming Starts Accepting Bitcoin Following BitPay Integration Blockchain Technology Makes DH Corporation A Frontrunner People residing in Canada will have probably heard of DH Corporation by now, as their bread and butter is bringing technology solutions to financial…
Factom is a blockchain-based platform looking to wield the power of distributed ledger technology for purposes other than financial services. Their bread and butter revolves around record verification and auditing existing infrastructure. In the end, more transparent solutions are created, which will also cut down on overhead costs. Their recent partnership with iSoftStone will see the introduction of the blockchain verification for Chinese smart cities. Factom And iSoftStone Join Forces The concept of creating smart cities has been a hot topic for many years now, as it proposes a mix of new technology and innovation with existing infrastructure. It is no secret how recent technological breakthroughs will help shape the smart cities of the future, but there are…