Bitcoin News: Bitcoin (BTC) is the first ever cryptocurrency, developed and released by an unknown programmer or programmers named Satoshi Nakamoto. The Bitcoin whitepaper introduced the concept of cryptocurrencies to the world in 2008 and since then a digital currency revolution has started. That’s why Bitcoin news became so important. Cryptocurrencies are peer-to-peer and open-source digital currencies or tokens that use blockchain technology or other distributed ledger technology, thus eliminating third party involvement. The Bitcoin whitepaper introduced the concept of blockchain technology and added a Proof-of-Work (PoW) consensus protocol for increased security.
Bitcoin has proven many times that it’s the most valuable cryptocurrency from the whole digital currency economy. Bitcoin gradually became the digital gold for the whole economy, acting as a store of value in Bear markets. The maximum Bitcoins that will be mined is 21 million BTC and in time the digital currency will become scarce, increasing in value with time. Scalability is the biggest problem that Bitcoin is facing, but with the introduction of more and more technology improvements, only time will show the true potential of Bitcoin.
The most powerful country on earth, the country that everyone looks at, is not planning crypto regulations. According to the White House cybersecurity coordinator and special assistant to Trump, Rob Joyce, regulations are not close to take place. This is good news for the cryptocurrency world that seems that will be hardly regulated this year.
Truth be told, most people pay a lot of attention to the price of bitcoin, Ethereum, and other mainstream cryptocurrencies. However, surprisingly, focusing on individual coin prices is not the best way to assess the value of a digital currency in the crypto market. Instead, you should focus on the market capitalization. Understanding ‘market cap’ […]
One of the most pressing issues for merchants and retailers currently face is the lack of brand loyalty in millennials. Companies are trying to use reward and loyalty programs to keep people from switching to another brand. However, these sometimes turn out too expensive for companies and attractive for customers. This is where Giftz steps in to revolutionize the process.
Russia has taken several measures in the last years in order to regulate the cryptocurrency market. But it seems that cryptocurrencies may have also positive aspects for the economy. Alexei Lazutin, Chairman of the council of the National Association of Pawn Shops, proposed to allow small businesses to receive crypto loans.
Standard & Poor’s (S&P) Global Ratings released a report on February the 19th in which they express that virtual currencies will need some rules if they want to change the game. The title of the report reads: “The Future Of Banking: Cryptocurrencies Will Need Some Rules To Change The Game.”
The Giftz program will allow any business to create their own white labeled “tokenized points” using their base token, creating value for your customers on the blockchain. Use tokens for customer acquisition, retention and ongoing engagement. These tokens can be rewarded in many ways along a customer’s omnichannel journey to-and-after a sale.