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Category Archives: Blockchain

Why the Service Industry Needs Blockchain, Explained

How is the service industry doing? The service is developing not as fast as it could. Like any other business, the service industry is trying to keep up to date. But there are still some issues slowing down the progress. Money. It’s not that simple

Digital Currencies vs. Cryptocurrencies, Explained

What are digital currencies? Digital currencies are money used on the Internet. Digital money exists only in the digital form. It doesn’t have any physical equivalent in the real world. Nevertheless, it has all the characteristics of traditional money. Just as classic fiat money, you

Bancor Releases Six Month Update, Seeing Uptick in Adoption

After raising over $150 mln in its token generation event the Bancor ICO has issued its first major update regarding its platform. The announcement includes information regarding adoption of the Bancor Blockchain protocol, along with statistics for how many tokens are now tradable through the Bancor system. According to

How a Loyalty Program on Blockchain Works, Explained

What Is a Loyalty Program? A loyalty program is an organized marketing strategy. Merchants set them up to encourage customers to come back and buy their goods or use their services. A typical loyalty program would require a customer to register with the merchant offering

ICOs Opening Doors to Blockchain, Investment in Africa

The price of the top digital currency is well above the means of many, especially in Africa. A Bitcoin in Nigeria, for example, is now worth over N3 mln. This is a far reach in a country where half of its approximately 200 million people