Are Bitcoin and other cryptocurrencies the future of currency?

Many banks are questioning the impact that digital currencies will have on their business, however, as  some banking executives are starting to realise that cryptocurrencies could provide a way for banks to highlight the security of banking systems in comparison to cryptocurrency technologies. Once you understand the nature of money then you can understand that as long … Read more

What is cryptocurrency? How it works and History of Cryptocurrency.

A cryptocurrency is a digital medium of exchange that uses encryption to secure the processes involved in generating units and conducting transactions. A cryptocurrency is a medium of exchange like normal currencies such as USD, but designed for the purpose of exchanging digital information through a process made possible by certain principles of cryptography. Cryptography … Read more

Should I invest in Bitcoin now? Why?

A bitcoin is worth exactly what people perceive its worth to be. While, in a sense, this is true of any currency, the value of a bitcoin is much more fickle than other forms of currency because of its unregulated nature. Banks are worried about the disruptive power of financial technology. Is now a good time … Read more

How Bitcoin works ?

The first thing we need to do as a new user is install a digital wallet on our computer or mobile device. This wallet is simply a free, open-source software program that will generate your first and subsequent Bitcoin addresses. There are three types of wallets – a software wallet (installed on your computer), a mobile … Read more

How do you get a Bitcoin?

 Bitcoin is extremely empowering but also different than the currency you know and use every day.Although the process may seem confusing at first it is not as difficult as it might appear initially. Create a Bitcoin wallet. A bitcoin wallet is website or program which you can use to hold store bitcoins and make transactions. … Read more

Bitcoin,the first virtual currency that has the potential to turn the world economy on its head

Bitcoin is a digital currency – It is a form of money stored in an owner’s online “virtual wallet”, free from the control of governments or central banks.There’s an inbuilt algorithm which determines the number of Bitcoins in circulation at any given point in time.The cryptographic technique that Bitcoin is based on is the same … Read more