Month: October 2021

opinions of Some economists about bitcoin

No matter how strong the arguments are in favour, I consider that the reasons for avoiding it or proceeding with caution outweigh them. They are as follows: Like many financial institutions, Bank of America (BofA) ensures more risks than potential…

Bitcoin basics

Cryptocurrency transactions are characterized by their high processing speed. And almost immediate effectiveness in general terms. This was one of the reasons for its creation in the first place, to streamline the slow processes of banking transactions. Also, after adding…

eight advantages of using blockchain technology

However, more and more people understand it. Since Bitcoin’s timid launch in January 2009, its advocates have ranged from radical liberals to former Wall Street workers, Silicon Valley (US) tech experts, and development and cooperation experts from bodies like the…

chain of blocks

Normally, transactions are grouped into blocks of a certain size chained together (hence the name is “chain of blocks”) through a type of cryptographic keys, which require a consensus. This produces a shared and immutable record of “truth,” a truth…

What blockchain platforms are there?

Do you realize the relevance of this? Think for a moment that every interaction online today is backed by a central authority that we trust. It does not matter what you do since you are always trusting that someone is…

Blockchain as a technology

Blockchain, as a technology, is gaining traction around the world, both in terms of popularity and practical application. Of course, the word “blockchain” is most often used in the context of Bitcoin and other cryptocurrencies. This is because digital currencies…