Sentences with phrase «converts fiat money»

The phone is expected to be powered by Sirin OS, which features an embedded cold storage crypto wallet and a system that auto - converts fiat money to digital tokens, which are needed to run different blockchain apps.
The company also plans to develop an embedded cold storage crypto wallet and a system that automatically converts fiat money to digital token required to run different blockchain applications for its smartphone.
This idea is based on the fact that wages in cryptocurrencies, including Ethereum, one of the major virtual currencies, has a potential to attract a great number of technologically - skilled talents because progressive people are currently willing to convert their fiat money into cryptocurrencies.
The issue there is whether people are converting fiat money into Bitcoin in order to profit off its current meteoric rise in value, or whether they intend to actually spend it.
Among its crypto - ready offerings, Sirin Labs plans for its phone to have an embedded cold storage crypto wallet and a system to automatically convert fiat money to the digital tokens needed to run different blockchain - based applications.
For example, customers will be able to «deposit» money with Circle, thereby instantly converting fiat money into bitcoin, and «withdraw» money via the service, converting bitcoin into local currency that can then be transferred to a bank.
As a result, investors can only access them by first converting fiat money into BTC tokens.
Tokia combines a convenient cryptocurrency exchange platform where every user can convert their FIAT money to desired cryptocoins (or vice versa).
Through this partnership, Revolut users will be the first ever to buy, sell and hold the three cryptocurrencies and instantly convert fiat money to cryptocurrency within the app.

Not exact matches

fiat paper money is nothing but debt just do what the rich do they convert their fiat paper money into real tangible assets like precious metals or income producing real estate.
by The banking - government industrial complex has been pulling the wool over investors» eyes for years when it comes to getting the masses to keep their savings tied up in ever rapidly devaluing fiat currencies instead of intelligently converting them into the only real money out there — physical gold and physical silver — that has -LSB-...]
When we launched Abra as a platform for enabling money transfer and payments using bitcoin, users immediately started giving us feedback that Abra was now their go - to method to convert between fiat and bitcoin.
Well, that's just the beginning because the environment even converts digital assets to fiat money and vice versa in a streamlined way.
After surging as much as 20 % last week, many pundits now believe a medium - term low is in place, blaming the recent selloff on tax related selling — digital currency owners who made money in 2017 are having to convert crypto into fiat money to pay their taxes.
The key element of the Streamity project is StreamDesk — a decentralized blockchain - based application that will allow users to convert virtual currencies into fiat money without any intermediaries.
People who conduct illicit business on the Dark Web, such as selling stolen information or malware, are making some serious money, but they are facing obstacles in converting that digital wealth into actual fiat currency.
If you're spending money through Revolut's debit card and run out of fiat currency, it will automatically convert the necessary amount of cryptocurrency to fiat to fund your transaction.
The most diffucult part is to convert traditional fiat money to cryptocurrency, and then exchanging bitcoins to other altcoins is relatively easy.
At the point when you convert from fiat currency to cryptocurrency and vice versa, should we be regulating the flows of money at that point?
The most common way is to convert it into Bitcoin and cash - in Bitcoin for fiat money.
StreamDesk makes the process of converting cryptocurrency to fiat money easy and secure even for any beginner.
This means that it can be traded between players, sold on an exchange and converted to fiat money in many jurisdictions.
The money they earn can be converted into bitcoin or other altcoins like ether, or use mobile cashiers to exchange (HMQ) Humaniq tokens for fiat currencies.
StreamDesk is a decentralized blockchain - based application that allows users to convert their cryptocurrencies into fiat money without any intermediary.
It is technically possible to accomplish this much the same way as the majority of bitcoin commercial transactions work in practice: by instantly converting what the merchant receives into fiat currency, the real money still making this exchange possible.
Convert tokens to traditional money (fiat) or other cryptocurrencies through exchanges supporting 1WO.
If you convert one fiat currency (for example, US dollars) to another fiat currency (euros), you'll only lose money once on the exchange rate.
Dividends originated in fiat currency can be converted into cryptocurrency and paid to the token contract, which can then distribute the money proportionally to KYC» ed token holders (crypto businesses that produce profits directly in cryptocurrency have an additional benefit here, as dividends would be paid straight to the KYC» ed token holders).
This coin lets you make quick and cheap transfers while simultaneously converting money from cryptocurrency to your fiat currency of choice.
Notably, when the customer inserts the fiat currency into a Lamassu machine, their money is first converted into Bitcoin, which is then processed as a purchase of metal for Bitcoin.
The only difference is that you are converting your fiat (The U.S. dollar is an example of fiat money) to a cryptocurrency.
The logical interpretation is that users will convert these fiat - pegged tokens for actual money, though it remains to be seen how that will exactly work.
AB - CHAIN will provide companies that have raised money through ICO with an ad network where they can buy online advertising using multiple types of cryptocurrencies and without the need to convert them to fiat.
A cybersecurity expert told the Japan Times the hackers may have converted up to half of the snatched coins into other cryptocurrency or even fiat money.
It can be easily converted to other cryptocurrencies or to fiat money through a special exchange service / API.
Users of the payment system will have the ability to store LTC tokens directly in their LitePay wallet, which can then be converted to fiat money instantly for a flat fee of 1 %.
It can be easily converted to other cryptocurrencies or to fiat money throughout a special gateway / API.
It can be easily converted to other cryptocurrencies or to fiat money through a gateway / API.
Once money is converted into bitcoin, the inflation rates of local fiat currencies do not affect bitcoin holdings and it can be sent anywhere through the Internet for free.
The crypto market was under renewed pressure Tuesday after U.S. regulators subpoenaed one of the world's biggest digital currency exchanges and a startup known for converting cryptocurrencies into fiat money.
Fans who pre-order the album directly from the artist or her label One Little Indian will further receive a reward of 100 audiocoins - a cryptocurrency designed specifically for music industry - which can then be converted into other cryptocurrencies or into fiat money, the report adds.
SIRIN Labs, a Blockchain privacy - oriented electronics and OS supplier established in 2014, actually develops its own Blockchain - based phones alongside with a crypto wallet and crypto exchange - like platform, converting digital tokens to fiat money for running DApps.
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