Ethereum wallets are fairly simple to create and operate. However, they are radically different from banks and other custodial financial services. Banks rely on identification and debit cards to determine that you are the account owner. This is an identity-based authentication concept because it is largely hinged on identifying yourself to the bank — which…
The Reserve Bank Of Australia (Australia’s central bank) is launching an Ethereum-based Central Bank Digital Currency project as a proof-of-concept to explore the tokenization of a wholesale national currency. The digital currency would be used by wholesale participants to fund, settle, and repay tokenized syndicated loans. Ethereum is one of the first decentralized platforms to…
How cryptocurrency staking works, how it can generate an income, and the benefits of cryptocurrency staking vs mining.
A look at 3 powerful, growing technologies to watch out for in 2018. They may shape the future of money transfers, app hosting, and much more!
Amazon Web Services, one of the largest web hosts in the world has announced that they are now offering blockchain templates for Ethereum and Hyperledger Fabric. This aims to make it easier for AWS users to deploy their own blockchain networks. Ethereum is a global, blockchain-based decentralized app platform (DApp) on which people have deployed…