How are Hard Forks and Other Forks Created?

In general, any update to a coin’s software (at least for those that are democratically controlled like Bitcoin) requires some form of consensus. Creating a fork that updates the existing software that everyone is currently using requires majority support (consensus) from coin holders (more technically “nodes”) connected to the coin’s network. Those nodes have to…

How Cryptocurrency can help Africa

How Cryptocurrency can help Africa

When you mention Africa in the international stage, many pictures come to mind; poverty, hunger, instability, and then the creative industry.  Africa is one of those regions in the world with populations that face dismal circumstances. These countries do not possess high-quality prospects for the future, much less a level financial playing field. The countries…

Voltron: HSBC seeks banking partners in South Korea to launch Voltron platform

Voltron: HSBC seeks banking partners in South Korea to launch Voltron platform

The UK based banking corporation is in seeking banking partners in South Korea to launch the blockchain platform Voltron in the country reports the Korea times on Tuesday March 12, 2019. Voltron? Voltron is a platform that allows companies to process and settle their trading invoices through blockchain. The solution was launched in October 2018…

Cardano Price Forecast: Cardano (ADA) Will Rise in 2019 – And Here’s Why – Cardano (ADA) Price Prediction 2019

Cardano Price Forecast: Cardano (ADA) Will Rise in 2019 – And Here’s Why – Cardano (ADA) Price Prediction 2019

Over the past few months, Cardano (ADA) has proven itself a stable cryptocurrency when compared to many other cryptocurrencies in the market. So far, the team behind the coin has made significant progress with many plans in play to help the coin reach its full potential. While the journey ahead is long, steady progress will…

Blockchain and Financial inclusion

Blockchain and Financial inclusion

Financial inclusion is one of the most mature applications of blockchain, with more program-stage projects than any other sector, according to the Stanford University report. The opportunities in this area are enormous. While financial inclusion is on the rise globally, 1.7 billion adults still remain unbanked — with men in developing economies 9 percent more likely to…

Bermuda approves the first set of Cryptocurrency regulations in the world

Bermuda approves the first set of Cryptocurrency regulations in the world

In May, Bermuda became the first country to pass cryptocurrency regulations. Spurred by blockchain, countries around the world are taking note but it may be those part of the Commonwealth, including small developing states, that are poised to benefit the most. With certain differences, Bermuda law, similar to most of the Commonwealth, is based on…

Payments and money transfers are the largest use of blockchain

Payments and money transfers are the largest use of blockchain

Nearly three-quarters of blockchain initiatives in the philanthropy and aid sector are used to facilitate payments and money transfers, according to the Stanford University “Blockchain for Social Impact” study. This is of little surprise. Ensuring the effective transfer and utilization of billions of dollars of foreign aid is a major challenge for the international development…