Today cryptocurrency is considered a better form of money for different reasons. All thanks to its attributes from transaction immutability to security and privacy. However, its volatile nature limits its applications in finance. The price of the cryptocurrency, expressed in terms of fiat currency, keeps fluctuating. If we take the last year’s impression to study, …
Payment modes are ever-evolving. It has changed dramatically in recent years that subject experts believe the evolution is much beyond the control of existing infrastructure. Let’s look at the payment switches that have globally taken place. In Africa, the unbanked have been enabled to make payments using their mobile phones. In Asia, there has been …
Conventional financial services are centralized systems involving intermediaries like banks, agents, brokers etc. The involvement of third parties has increased over the years to meet the complexities of emerging financial systems. But fewer setbacks limit its perspective. For instance, your financial services choices are often regulated by local jurisdiction corresponding to your geographic location. The …
Earlier, we saw the fork in Bitcoin and how it is resolved. This article will deep dive into some significant forks in blockchain and understand them in detail. Access it here if you have missed the early piece on blockchain fork. In the previous blog, we learned the blockchain branches are based on the split and its …
