Sentences with phrase «make digital currencies»

In simple words, it will allow blockchain - based cryptocurrencies to process millions of transactions instantaneously — a solution that would make digital currencies, like Litecoin, comparable to the likes of «Visa» and «Mastercard.»
Those impacted by these factors include banking and financial institutions and governments that are planning to make digital currencies legal.
It is still too early to say whether these funds can broaden the investor base and make digital currencies more appealing in traditional circles.
If adopted, in the future, it could make digital currencies more similar to cash, and therefore help improve adoption rates.
This all makes digital currencies exceedingly susceptible to fraud and manipulation.
However, it is mandatory for law enforcement agencies to continue their pursuit towards finding digital criminals, and cleaning the bitcoin market, as an effort of making the digital currency be used for its true purpose: decentralized global payments.
The data layer uses the distributed ledger + distributed computing technology to realize the detailed record of the assets issue, consumption, exchange and so on, which makes the digital currencies more transparent, compatible, traceable and no fault - tolerance.
To make digital currency useful to «cash consumers» digital currency should: be transferable to any phone number in the world, not represent exchange rate risk, be as private as real cash, have no costs for money transfer, and be fungible to real paper - cash at very low cost 24 hours a day, 7 days a week.
While we can sit here and debate the value of things, there is one company that is looking to blend the best of both worlds through the use of a crypto token that is based on real - world assets, but can still take advantage of everything that makes digital currencies so appealing — the blockchain and smart contracts being two examples.
Blockchain is the distributed encryption system that makes digital currencies possible.
Bitcoin news today: The Internal Revenue Service (IRS) has finally released its guidance on how Bitcoin should be treated for tax purposes - and it's bound to make the digital currency harder to use.
At Blockchain we're always looking for ways to make digital currency more accessible.
Whether or not people use Bitcoin as a way to participate in expressly illegal activities doesn't make the digital currency itself illegal.
While we can sit here and debate the value of things, there is one company that is looking to blend the best of both worlds through the use of a crypto token that is based on real - world assets, but can still take advantage of everything that makes digital currencies so appealing — the blockchain and smart contracts being two examples.
This will make digital currency available as a payment option for more than 200 airlines.
«Our mission is to create an open financial system for the world and part of that is making digital currency as easy to access, in as many countries as possible.
This will make the digital currency available as a payment option for more than 200 airlines.
However, Alois has a different perspective when it comes to Blockchain, the technology that made digital currencies possible.
The sharp price fluctuations Bitcoin Cash has experienced during its first month make the digital currency's future look uncertain.
This new software is intended to make digital currency so easy that «your grandmother could use it.»
Now the going mentality when reading different articles is that China is making digital currency work for them.
Founded in Singapore in 2015, TenX is developing its applications to make digital currency spendable anytime anywhere by offering a debit card payment system.
It made digital currencies legal tender in April last year and enjoys a free and unfettered crypto trading environment.
«To this end, Chinese regulators will conduct a review of domestic bank accounts and online payment accounts for businesses and individuals suspected of helping domestic investors to make digital currency transactions at overseas exchanges,» the report details.
Unlike fiat currency which use physical value to determine their worth, bitcoin has been born out of the idea of making a digital currency that solely exists on the digital realm.
According to CoinNewsAsia.com, India is also eyeing this blockchain tender, contemplating both official recognition and a Bitcoin tax since the recent change in Indian bank notes made digital currency more popular.
Description: Reddcoin is the social currency that enriches people's social lives and makes digital currency easy for the general public.
Existing and new customers of the bank will, therefore, not be able to make any digital currency - related transactions using its infrastructure.

Not exact matches

Unregulated digital entities, created by just about anyone out of nothing, that assume some value denominated in fiat currency simple because they're being traded between anonymous people or bots whose only desire is to make prices go up, on unregulated opaque exchanges where everyone thinks price manipulation is good as long as it pushes up the price....
The world's most popular digital currency exchange, Coinbase, is under fire from angry customers over its decision not to support a new version of bitcoin that could also make it vulnerable to «ruinous legal trouble,» according to a prominent legal scholar.
As Ryan Selkis of the Digital Currency Group tweeted, blockchain is friendlier to business and innovation («I want to make money / follow rules») while bitcoin suggests obsession and perhaps delusion («I'm fighting a holy war»).
Despite the record - breaking values of Bitcoin and its ilk, most digital currencies have failings that make them problematic as a mainstream medium of exchange.
Where you buy and sell your digital currency can make all the difference when it comes to fees and security.
Rather than try to time the market or buy into the newest blockchain trend, MetaStable looks closely at the real - world use cases of various digital currencies, and aims to make at least decade - long bets on the most «credible candidates,» Seims tells Fortune.
Arrington, who says over 10 % of his own net worth is now in crypto - currency, did not name specific investors but suggested that many of them are those who have already made a lot of money of the incredible boom in bitcoin and other digital currencies, and want to branch out.
He added that it also makes sense for a fund dedicated to crypto investments to be denominated in a digital currency because it provides a much faster way to conduct transactions than conventional money.
Goldman Sachs Group Inc. is setting up a trading desk to make markets in digital currencies such as bitcoin, according to people with knowledge of the strategy.
At the moment when a pledge is made, the Bitcoin is converted into the relevant currency using rates established by the Melbourne - based Bitcoin digital wallet CoinJar.
Digital currencies surely are the future, but other options make more sense than bitcoin.
The Alberta, Canada - based Bitcoin exchange says its closing down after cyber thieves made off with about $ 600,000 worth of the digital currency.
Blockchain is the technology that makes bitcoin digital currency possible.
That night Circle, the startup that makes a «wallet» for digital currency, confirmed Fortune «s reports of a new funding round.
The most obvious way migrants could use blockchain technology to securely store money while traveling would be to convert cash into digital currency, but Soros dismissed the value of cryptocurrency, making clear he believed its primary appeal was «for tax evasion» and «the rulers of dictatorships.»
Anonymity originally made bitcoin and other digital currencies popular for illegal activities, especially on the internet.
Then it called on local exchanges to stop trading in cryptocurrencies and outlined proposals to discourage bitcoin mining — the energy - intensive computing process that makes transactions with the digital currency possible.
Their contributions were made in Ether, a year - old digital currency (and rival to Bitcoin) that they had exchanged for virtual tokens.
«In uses that involve a financial transaction, it makes sense to use bitcoin or some other digital currency for the same reason — by doing so, transactions can be automated and guaranteed without recourse to third parties, such as a bank.»
Playboy's decision to accept payments in bitcoin and ethereum doesn't do much beside put its brand in the cryptocurrency conversation, and make life a little bit easier for users that prefer to pay with digital currencies.
The CEO of Node 40, which makes tax compliance software designed for digital currency, says the company's in - house accountants think a liability might already exist.
The digital currency has even made steps into the physical realm, with ATM manufacturer Robocoin launching the first bitcoin ATM in a Vancouver coffee shop.
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