Alphabet / Google Becoming AI Centric to Stand to Secure & Dominant Digital User Experience

High-tech corporations have invested heavily in technologies that generate high revenues, and with advancing technology advances, these corporations need to invest even more to protect their rich revenues. A good example of a corporation that is increasingly reaching out to the future is Alphabet, Google’s parent company. The search engine and advertising are the cornerstones of Google’s revenue, and they want it to generate revenue. That’s why Google / Alphabet has identified a number of areas it considers important for them and their investors to generate high returns. Alphabet has expanded its projects and initiatives across Google and their other entities, and many of these initiatives represent an important future role for AI, and consequently our future as well.

At the heart of their strategy is the idea of ​​being AI Centric. With this approach, they plan to maintain leadership with their core business (search and advertising) as well as delve deeper into areas where they see opportunities for improvement or disruption using the AI ​​approach. Here’s a brief overview of some of the newer areas that Google / Alphabet hopes to fully capitalize on in the future.

  • Cloud Computing Services: Google wants to increase its market share. They are currently in third place, behind Amazon and Microsoft, however, they are increasing their presence through a number of strategic investments, acquisitions and internal initiatives to better compete with rivals in this space. Today, the Google cloud business is growing at a faster pace than the competition. Products and services to see are G Suite, a new chip called the EDGE TPU, which can perform machine learning processes on Internet of Things devices, and include some cloud-supported Blockchain projects with strategic travel partners. An important aspect of cloud computing is Security, which is also Google’s new focus. In January 2018, Google created the Chronicle to be an arm of cybersecurity and work for a “digital immune system”. Businesses are generating more and more information every day and will need more complex computers and incremental computing infrastructure. Google believes that these are being developed through the learning capabilities of the AI ​​machine being developed.
  • Transport and logistics: Google / Alphabet anticipates opportunities to continue with the break in this sector. Investments include the LIME scooter company, as well as UBER, LYFT and several other services. This sector also includes autonomous vehicles, creating serious disruptions in the truck industry as well as people moving vehicles. Alphabet has the arm of the WAYMO business, and autonomous vehicles are driven by most of the world (8 million kilometers). WAYMO has said it plans to use semi-autonomous trucks to deliver goods to its Atlanta data centers. Google’s drone delivery company, Project Wing, has become an independent company under the Alphabet umbrella, and has carried out some drone deliveries in Australia. Products and services like this use the rapidly developing AI technologies of Google / Alphabet.
  • Emerging markets: Google continues to expand in India and Asia, two regions that are experiencing rapid growth in internet use. Google has been involved in financing a giant Indonesian travel company called GO-JEK, which is similar to UBER, but also offers food delivery services and a mobile payment platform. In India, Google has invested in a platform for personal concierge and delivery services and TEZ, a free mobile wallet that allows users to make payments directly from their bank account. All of this is a big part of Google’s attempt to become a component of Indian trade. Despite the historical delays and tensions, Google is also focused on China, making more investments in that country, such as com, China’s second-largest e-commerce platform, and Chushou, a China-based gaming company.
  • health: Alphabet aims to advance healthcare efficiency through better data processing using AI. Alphabet’s subsidiary of life sciences, TRUE, focuses on disease detection, a key part of effective health care. Google AI is leveraging its capabilities to improve health data management, and DeepMind’s AI-focused subsidiary has an app called “STREAMS” that helps detect kidney injuries based on lab results, so doctors can be alerted quickly via the mobile app. and immediately escalate urgent cases.

AI is key to Alphabet’s long-term forecast, as it is the thread that drives search and advertising, cloud computing, autonomous driving, health, and many other company efforts. This is exploding in the digital assistant and Smart Home products market. Consumers can already choose from the big competition, such as Apple (SIRI) and Amazon (Alexa). Google wants to win this market and deepen all other markets. We see that Google / Alphabet is at the forefront of AI technology, making more and more investments to protect and increase their revenue. AI developments will affect many other industries, and many will be in ways we haven’t imagined yet. The breadth and pace of technological change will continue to increase. Let Crypto Trend be your guide to the future as we continue to identify technology investment opportunities that can lead to economic success.

Stay tuned!

How do commodity options work?

How is the option price determined?

First you need to understand the meaning of internal and external. The option premium consists of both of these values. The intrinsic value of an option if you used it before a futures contract and then reimbursed. For example, if you have a soybean call on November 5, and the futures price for that contract is $ 5.20, then there is an intrinsic value of .20 for that option. Soybeans sign a contract for 5,000 bushels, so 20 cents multiplied by 5,000 = intrinsic value of $ 1,000 for that option.

Now let’s say the same soybean call on November 5 costs $ 1,600 as a bonus. $ 1,000 costs are intrinsic value, and the remaining $ 600 is external. External value consists of time value, volatility premium, and demand for that particular option. If the option has 60 days to go before it expires, it has a longer time value than 45 days. If there are large price changes from low to high in the market, the volatility premium will be higher than the market for small prices. If many people buy exactly the exact price, this demand can artificially raise the premium.

How much will the option premium move in relation to the underlying futures contract?

You can understand this by figuring out the delta factor of your option. The delta ratio tells you how much the premium in your option will change based on the movement of the underlying future contract. Let’s say you think gold will rise in price by $ 50 an ounce in December or by $ 5,000 a contract before it expires. You bought an option with a delta ratio of .20 or 20%. This option should receive approximately $ 1,000 in the amount of a premium expected movement in gold futures prices of $ 5,000.

Can an option speculator make a profit earlier than the option has intrinsic value?

Yes, as long as the option premium increases enough to cover transaction costs such as commission and commission. For example, you have a corn call on Dec. 3 and a corn bell for $ 270 per bushel, and a transaction cost of $ 50. Suppose your option has a 20% delta, and the market for future corn in December will increase by 10 cents a bushel to $ 2.80 a bushel. Corn is a contact of 5,000 bushels, so 1 cent multiplies by 5,000 = $ 50. Your premium option will increase by approximately 2 cents = $ 100. Your break was $ 50, so you’ll get a profit of $ 50 with no intrinsic value because you still don’t have money for 20 cents.

Investing in futures and options is very risky, and only risk capital should be used. Preliminary figures do not indicate future results. Cash, options and futures do not necessarily respond to similar incentives in a similar way. There are no guaranteed good deals.

6 The enormous advantages of cryptocurrency

In recent years people have talked a lot about cryptocurrency. At first, this business seemed scary but people started to build trust. You may be familiar with Ether and Bitcoin. Both are crypto currencies and use Blockchain technology for the highest possible security. Today, these currencies are available in many different types. Let’s find out more about that.

How can cryptocurrency help you?

In terms of fraud, this type of currency cannot be counterfeited because it is in digital form and cannot be repaid or counterfeited unlike credit cards.

Immediate settlement

The purchase of real estate involves third parties, such as lawyers and notaries. So delays can occur and extra costs can arise. On the other hand, Bitcoin contracts are designed and enforced to include or exclude third parties. Transactions are fast and settlements can be made immediately.

Lower fees

Usually, there is no transaction fee if you want to exchange Bitcoin or any other currency. To verify a transaction, there are minors who pay for the network. Although the transaction fee is zero, most buyers or sellers hire the services of a third party, such as to create and maintain Coinbase portfolios. If you don’t know, these services are like Paypal which offers a web-based exchange system.

Identification of theft

Your merchant gets the entire line of credit when you give them a credit card. This is true even though the amount of the transaction is very small. In fact, what happens is that credit cards work based on a “pull” system, with the online store withdrawing the required amount from the account associated with the card. On the other hand, digital currencies have a “push” mechanism, where the account holder only sends the required amount without additional information. So there is no possibility of theft.

Open access

According to statistics, there are about 2.2 billion people who use the Internet, but not all of them have access to regular exchange. So they can use the new payment method.

Decentralization

In terms of decentralization, an international computer network called Blockchain technology manages the Bitcoin database. In other words, Bitcoin is dependent on the administration of the network, and there is no central authority. In other words, the network cultivates a perspective based on parity.

Confession

Because cryptocurrency is not based on exchange rates, transaction charges, or interest rates, you can use it internationally without any problems. So you can save a lot of time and money. In other words, Bitcoin and other such currencies are known all over the world. You can count on them.

So if you’re looking for a way to invest your extra money, you might want to think about investing in Bitcoin. You can become a miner or an investor. However, make sure you know what you are doing. Security is not an issue, but there are other things to consider. Hopefully this article will help you.

Bitcoin Cryptocurrency Owner’s Getting Started Guide

Bitcoin Cryptocurrency works all over the world, whether you are on the Internet or on any medium. It’s one of the most exciting and wonderful things to come up with in recent years. More importantly, you can get a huge return by trading bitcoins or you can keep them for the long term.

You can hear a new currency called Stocks, Commodities, Forex and now Bitcoin trading that has a huge impact on our lives. In this beginner’s guide to Bitcoin cryptocurrency, you’ll learn about the ABCs of Bitcoin.

About Bitcoin Cryptocurrency

The origins of Bitcoin are not yet known, but an article was published in October 2008 under the pseudonym Satoshi Nakamoto from Japan. Its identity is still unknown and it is estimated that approximately one billion bitcoins were worth more than $ 6 billion in September 2017.

Bitcoin is a digital currency known as a cryptocurrency and is free from any geographical limits. No government regulates it and all you need is an internet connection. As a beginner, Bitcoin technology can confuse you and it’s a little hard to know about it. However, I will help you delve deeper into how you can also do your first Bitcoin trading easily.

Bitcoin Cryptocurrency blockchain technology works. It is a digital public book and is shared by anyone in the world. You will find your transactions when you make Bitcoin transactions and check that anyone can use the ledger. The transaction made will be completely transparent and verified via blockchain. Bitcoin and other cryptocurrencies are part of the blockchain and the technology that works only on the internet is tremendous.

Key Requirements Related to Bitcoin Cryptocurrency

Before you are ready to own your first Bitcoin, it’s best to know the key terms associated with bitcoins. It is also called BTC which is part of bitcoin and 1 bitcoin is equal to 1 million bits. With the advent of bitcoin, other alternative cryptocurrencies were also developed. They are commonly called Altcoins and there are Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Monero (XMR) and many more.

XBT and BTC are the same thing and usually the abbreviation for bitcoin. Mining is another term that is used a lot and is actually a process done by computer hardware for Bitcoin networks.

Things you can do with Bitcoin

You will be able to trade, trade, accept and store Bitcoin. You can send them to friends, order them from a friend, and save them to your digital wallet. What’s more, you can now charge your mobile / DTH directly by paying via bitcoin.

The transaction cost is low compared to PayPal, Credit Card and other online intermediaries. It also protects your privacy from being leaked on the internet when using credit cards. It is very safe and no one can catch or steal coins. Due to the transparency of the system, it cannot be manipulated because of the shared public library. You can check the transaction from anywhere and anytime.

It is likely that demand will rise as the total production of bitcoins should be limited to only 21 million. Japan has already legalized it and other countries may follow soon and prices may rise further.

I will discuss more details about bitcoins in the coming days, where you will learn great things about bitcoin trading. You can leave your comments and ask for anything related to bitcoin.

If you think Bitcoin Cryptocurrency is a useful guide for beginners, share it and like it on social media.

Coinbase: A Bitcoin startup is spreading to capture most of the market

The price of bitcoin skyrocketed in 2017. Coinbase, one of the largest cryptocurrency exchanges in the world, has found itself in the right place at the right time to benefit from the interest surge. Despite this, Coinbase is not interested in taking its cryptocurrencies for granted. To stay ahead of the much larger cryptocurrency market, the company is once again drawing money into its master plan. By 2017, the company’s revenue was recorded at $ 1 billion, and assets in excess of $ 150 billion had been sold to 20 million customers.

The San Francisco-based company Coinbase is known as the leading cryptocurrency trading platform in the United States, and with its continued success ranked 10th on the CNBC Disruptor list in 2018, having not received the list in the previous two years.

On the road to success, Coinbase left no stone unturned in the poaching of key executives of the New York Stock Exchange, Twitter, Facebook and LinkedIn. This year, the number of full-time engineering team has almost doubled.

Earn.com was acquired by Coinbase in April this year for $ 100 million. This platform allows users to send and receive digital currency by replying to mass market emails and performing microtasks. The company currently plans to bring in former venture capitalist Andresen Horowitz, founder and CEO of Earns as the world’s first technology manager.

According to current estimates, Coinbase estimated itself at about $ 8 billion when it was going to buy Earn.Com. This value is much higher than the $ 1.6 billion estimate that was estimated at the last round of venture funding in the summer of 2017.

Coinbase declined to comment on its valuation, despite the fact that it has more than $ 225 million in funding from major venture companies including Union Square Ventures, Andreessen Horowitz, and the New York Stock Exchange.

To meet the needs of institutional investors, the New York Stock Exchange plans to launch its own cryptocurrency exchange. Nasdaq, a competitor to the NYSE, is also considering a similar move.

• The competition is on

As competing organizations seek to snack on Coinbase’s business, Coinbase is looking for other venture capital opportunities by trying to create a moat around the company.

Dan Dolev, an instant Nomura analyst, said Square, a company run by Twitter CEO Jack Dorsey, could be absorbed into the Coinbase stock market business as it began trading cryptocurrency in the Square Cash app in January.

According to Dolev’s estimates, Coinbase’s average trading fee in 2017 was about 1.8 percent. Such fees can lead users to other cheaper exchanges.

Coinbase aims to become a department store for institutional investors when hedging a stock business. To attract this class of investors in white gloves, the company has announced a fleet of new products. This class of investors was particularly wary of plunging into the volatile cryptocurrency market.

Coinbase Prime, The Coinbase Institutional Coverage Group, Coinbase Custody and Coinbase Markets are products produced by the company.

Coinbase feels there are billions of dollars of institutional money that can be invested in digital currency. Already has $ 9 billion in customer assets under its care.

Institutional investors are concerned about security, even though Coinbase has never been hacked like some other global cryptocurrency exchanges. Coinbase’s president and chief operating officer said the impetus for launching Coinbase’s custody last November was the lack of a reliable custodian to protect their crypto-assets.

• Wall Street is currently moving from Bashing Bit to Cryptocurrency Backer

According to the latest data from Autonomous Next Wall Street, interest in cryptocurrency seems to be increasing. There are currently 287 crypto hedge funds, while in 2016 there were only 20 cryptocurrency hedge funds. Goldman Sachs has even opened a cryptocurrency trading point.

Coinbase also introduced Coinbase Ventures, which is an incubator fund for early-stage startups operating in the cryptocurrency and blockchain space. Coinbase Ventures has already amassed $ 15 billion for further investment. His first investment was announced in a startup called Compound, which allows you to borrow or borrow cryptocurrency while earning an interest rate.

In early 2018, the company launched Coinbase Commerce, which allows merchants to accept major cryptocurrencies for payment. Another bitcoin startup is BitPlay, which recently raised $ 40 million in venture money. Last year, BitPlay processed more than $ 1 billion in bitcoin payments.

Proponents of blockchain technology believe that in the future cryptocurrency will be able to get rid of the need for central banks. In the process, this will reduce costs and create a decentralized financial solution.

• Regulatory safety remains intensive

To restrict access to the four cryptocurrencies, Coinbase has caused a lot of criticism. But they need to tread carefully while U.S. regulators ponder how to safeguard certain uses of the technology.

For cryptocurrency exchanges such as Coinbase, the question is whether cryptocurrencies are securities that will be subject to the jurisdiction of the Securities and Exchange Commission. Coinbase is admittedly slowly adding new coins, as in March the SEC announced it would apply security laws to all cryptocurrency exchanges.

The Wall Street Journal reports that Coinbase met with SEC officials to register itself as a licensed brokerage and e-trading platform. In this case, Coinbase will be easier to maintain more coins, as well as comply with security rules.

Virtual Currency Games

Playing video games is closer to the reality of small boys (and many adult men) making a living. The newly released HunterCoin and the games being developed by VoidSpace, games that reward digital currency rather than virtual princesses or gold stars, look to the future, where the rankings can include dollars, and sterling, euros and yen.

The story of a millionaire (virtual) real estate agent …

Digital currencies are slowly gaining maturity, both in terms of functionality and in terms of the financial infrastructure that allows them to be used as a credible alternative to non-virtual trusted currency. Although Bitcoin, the first and most popular of the cryptocurrencies, was created in 2009, it has been a form of virtual currency used in video games for more than 15 years. The 1997 Ultima Online was the first notable attempt to incorporate a large-scale virtual economy into the game. Players can collect gold coins by searching, fighting monsters and finding treasure and spending on armor, weapons or real estate. It was the initial embodiment of a virtual currency that only existed in the game, even though it reflected the real world economy, as the Ultima currency suffered from inflation as a result of game mechanics, which ensured that there was no definitive supply. kill monsters and thus collect gold coins.

Released in 1999, EverQuest took the virtual currency game one step further by allowing players to market virtual goods to each other in the game and the game designer also banned the sale of virtual objects to each other on eBay. Neal Stephenson’s 2011 novel Reamde explored an entertaining phenomenon around the world, with Chinese players or “golden farmers” working on EverQuest and other such games with the goal of gaining experience points to play full time, making the characters stronger and more sought after. These characters would be sold on eBay to western players who wanted or couldn’t afford to upgrade their characters. Edward Castronova, a professor of telecommunications at Indiana University and an expert on virtual currencies, based on EverQuest’s calculated currency exchange rate, in 2002 EverQuest was the 77th richest country in the world, somewhere between Russia and Bulgaria and had a higher GDP per capita than China and India.

Launched in 2003 and reaching one million regular users by 2014, Second Life is perhaps the most complete example of the virtual economy to date, as the virtual currency can be used to buy or sell Linden’s dollar at stake. exchange for real world currencies through market-based exchanges. Between 2002-13, $ 10,000 billion in virtual gambling transactions were recorded, it became a Second Life marketplace where players and companies were able to design, promote and sell content created. Real estate was a particularly lucrative business in 2006, when Ailin Graef became a second-millionaire in her first life, initially turning $ 9.95 into an investment of more than $ 1 million over 2.5 years, buying, selling and trading virtual real estate to other players. Examples like Ailin are an exception to the rule, however, with only 233 users earning more than $ 5,000 in Second Life activities in 2009.

How to pay for asteroid mining in dollars …

So far, the ability to create non-virtual money in video games has been secondary design, the player must go through unauthorized channels to exchange their virtual prey or have a level of creative or business skills in the real world. which could be exchanged for cash. It may change with the emergence of video games around the “plumbing” of recognized digital currency platforms. The approach taken by HunterCoin is to “gamify” what is usually a technical and automatic process for creating digital currency. Unlike real-world currencies created by printing by a central bank, digital currencies are created by being “exploited” by users. The source code under a particular digital currency that allows it to operate is called a blockchain, a decentralized online public book that records all transactions and currency exchanges between individuals. Since digital currency is only intangible data, it is more prone to fraud than physical currency, as it is possible to double a unit of currency, thereby causing inflation or changing the value of the transaction for personal gain. To prevent this from happening, blockchains are “controlled” by volunteers or “miners,” and for this purpose they verify the validity of each transaction with the help of specialized hardware and software, ensuring that data is not manipulated. It is an automatic software process for mining, although it requires a lot of time as it requires a lot of processing power from the computer. To reward a miner for verifying a transaction, the blockchain releases a new unit of digital currency and rewards it as an incentive to continue maintaining the network. This creates digital currency. It can take from a few days to a few years for a person to successfully extract coins that groups of users combine their resources in the mining “pool” to use the combined processing power of computers to extract coins faster.

The HunterCoin game is part of this blockchain for a digital currency called HunterCoin. Gaming replaces the automatic process of exploiting digital currency and makes it manual for the first time and without the need for expensive hardware. Using strategy, time and teamwork, players go out on the map to look for coins and when they find some and return to their base safely (other teams stop there and try to steal coins) they can collect their coins by depositing them into their digital wallet, usually an application designed to make and receive digital payments. 10% of the value of any coins placed by players goes to miners who maintain HunterCoin’s blockchain plus a small percentage of the coins lost when a player dies and their coins fall. Although the game’s graphics are basic, HunterCoin needs time to accumulate significant rewards as it is the first video game with a built-in prize money to be seen as the first video game.

Although still in development, VoidSpace is a more elaborate approach to gaming in the economy in which it operates. VoidSpace is set in space as players explore an ever-growing universe that exploits natural resources like asteroids and aims to build their galactic empire in exchange for goods with other players. Players will be rewarded with DogeCoin mining, a more established form of digital currency that is now used to make microcompositions on various social networking sites. DogeCoin will also be a means of game trading and in-game shopping between players. Like HunterCoin, DogeCoin is a legal and fully functioning digital currency and can be exchanged for both trusted digital and real currencies in exchanges like Poloniex like HunterCoin.

The future of video games?

Although there are early days in terms of quality, the HunterCoin and VoidSpace versions are an interesting indication of what the next evolution of games might be. MMORPGs are now being seen as a way to model the outbreak of the epidemic, as players ’reactions to an unwanted plague recorded aspects of the human model of harsh behavior in real-world outbreaks. It could be assumed that in the end virtual economies in the game will be based on the observation of how economic models are used to test economic theories and develop responses to massive failures with the real value of digital currency. It is a good testament to the functionality and potential applications of digital currencies, as they promise to go beyond mere exchange vehicles and into exciting areas of personal digital ownership. Meanwhile, players have the means to convert hours in front of the screen into digital currency and then dollars, sterling, euros or yen.

But before I leave the day’s work …

… it is worth mentioning the current exchange rates. It is estimated that a player can purchase an initial 1,005 HunterCoin (HUC) registration fee for accessing HunterCoin in a 1-day game. Now that the HUC cannot be directly exchanged with the USD, digital currencies like Bitcoin need to become more established. At the time of writing the HUC Bitcoin (BC) exchange rate is 0.00001900, compared to the BC USD $ 384.24. 1 HUC traded in BC and then USD before considering any transaction fees … $ 0.01 USD. This doesn’t mean that a player who is more skilled can’t increase the team of virtual CoinHunters and maybe use other “bot” programs that would automatically play in the disguise of another player and win coins for them. but I think it’s safe to say that efforts like this at the moment can also lead to enough change in everyday McDonalds in a real way. Unless players are willing to submit to intrusive in-game ads, share personal data, or join a game like CoinHunter built into the Bitcoin blockchain, it’s impossible for the rewards to be more than micro-payments for the video game. Maybe it’s a good thing, because if you probably pay for something you stop having more games?

What is a blockchain?

Blockchain is an indisputably ingenious invention that is practically leading to a revolution in the global business market. Its evolution has brought greater benefits not only to the business but also to its beneficiaries. But because it is a revelation to the world, the vision of its operational activities is still unclear. The main question that arises in the minds of everyone – what is a blockchain?

For starters, Blockchain technology serves as a platform that allows transit of digital information without the risk of copying. In a sense, this has laid the foundation for a solid foundation of a new kind of Internet space. Originally designed to combat bitcoin – trying to explain to the average person the functions of its algorithms, hash functions and digital signature properties, today technology enthusiasts are finding other ways to use this flawless invention that could pave the way for a whole new business process.

To determine in all respects, the blockchain is a kind of algorithm and data distribution structure for managing electronic funds without the intervention of any centralized administration, programmed to account for all financial transactions, as well as everything that has value.

Blockchain work

Blockchain can be understood as a Distributed Ledger technology that was originally developed to support the cryptocurrency Bitcoin. But after harsh criticism and rejection the technology was revised for use in more productive things.

To make a visual representation, imagine a table that practically increases at times, listing many computing systems. And then imagine that these networks are designed to periodically update this spreadsheet. This is exactly what a blockchain is.

The information stored on the blockchain is a general letter, the data of which are occasionally agreed. This is a practical way that speaks to the many obvious benefits. Blockchain data does not exist in one place. This means that everything stored there is open for public viewing and verification. In addition, there is no centralized platform for storing information that hackers can corrupt. It has virtually access to a million computing systems nearby, and its data can be accessed by anyone with an Internet connection.

The strength and authenticity of the blockchain

Blockchain technology is something that minimizes Internet space. It’s a chic reliable character. Similar to providing data to the general public via the World Wide Web, blocks of authentic information are stored on a blockchain platform that is equally visible across all networks.

It is important to note that a blockchain cannot be controlled by a single person, entity or person and has no points of failure. Just as the Internet has established itself as a durable space from the last 30 years, the blockchain will also serve as a true, reliable global scene for business transactions as it continues to evolve.

Transparency and imperishable nature

Veterans of the industry claim that the blockchain lives in a state of consciousness. He practically checks himself from time to time. This is similar to self-monitoring technology, where its network coordinates every transaction known as a block that occurs on a regular basis.

This gives rise to two main properties of the blockchain – it is very transparent, and at the same time it can not be damaged. Every transaction that takes place on this server is built into the network, and thus it is all very visible all the time to the public. In addition, editing or omitting blockchain information requires enormous effort and strong computing power. Against this background, fraud can be easily identified. Therefore, it is called imperishable.

Blockchain users

There is no specific rule or regulation as to who should or can use this flawless technology. Although currently its potential users are only banks, commercial giants and global economies, the technology is open to everyday transactions and the general public. The only downside to the blockchain is worldwide recognition.

Digital currency

Cryptocurrency

Cryptocurrency is digital currency. It is also called virtual currency. It is a digital asset that manages its transactions through cryptography, uses cryptography in a printable way, and confirms transactions. In many countries, cryptocurrencies are used as an alternative currency. Bitcoin was added in 2009 as the first decentralized cryptocurrency. After that, many different cryptocurrencies entered the market. These are commonly known as Altcoins. These currencies use decentralized management as a counterweight to centralized digital money and central banking systems.

Distributed management uses Bitcoin’s database of blockchain transactions as a paid book. An encryption device creates a decentralized cryptocurrency at a predetermined price, which is communicated to the public. In the centralized bank and the Federal Reserve system, boards of directors or governments manage the issuance of money through treasury units, and the exchange is done with digital bank books. However, in a decentralized cryptocurrency, companies or governments cannot create new entities or provide support to various companies, banks, or corporations that are active.

The Satoshi Nakamoto Group created the underlying technical tool for decentralized cryptocurrencies. Nearly a thousand cryptocurrencies were created by September 2017, most of them comparable to Bitcoin. In cryptocurrency systems, security, integrity, and general ledgers are maintained, with the help of a team that includes suspicious aspects known as miners. In this way, the general public is validated with the use of their computer systems. Miners to keep the security of a cryptocurrency book for economic reasons.

Most cryptocurrencies constantly minimize the production of currency, limit the entire currency in circulation, and mimic valuable metals. Unlike ordinary currencies, which are maintained through monetary institutions, such as storing money in stock, cryptocurrencies are difficult to enforce the law. This problem is due to the use of cryptographic technologies. Law enforcement officials had this problem on the Silk Road because Ulbricht’s Bitcoin deposit was “encrypted”. Crypto-currencies like Bitcoin are pseudonyms, although additives like Zerocoin have been proposed to provide real anonymity.

Some unknown people or humans used the title Satoshi Nakamoto and in 2009 added Bitcoin, the first digital currency. SHA-256, a cryptographic hash function, was used as a working scheme there. Namecoin was in April 2011. Litecoin was usually released, in October 2011 Scrypt was a hash function. Cryptocurrency, Peercoin used the hybrid as proof of work. IOTA didn’t use a blockchain, it uses a knot. Built on a custom blockchain, the Divi project allows you to make an effort to buy and sell between wallet currencies and use information that is not publicly identifiable for transactions. Subsequently, many special cryptocurrencies have emerged, but few have been successful due to a lack of technical innovations.

Jordan Kelley, the founder of Robocoin, used to install the first bitcoin ATM on February 20, 2014 in Texas, USA. This ATM was the same as the ATM at the bank, however, it examined identifications such as the user’s passport or driver’s license. scanner support. In 2017 almost 1574 bitcoin ATMs were assembled in different countries In 2017 3 ordinary ATMs were connected in 2017.

The legal measure of cryptocurrencies varies greatly from country to country and still persists in many of them. While some countries have clearly allowed use and trade, others have banned it. In addition, several government institutes have restricted bitcoins differently. In 2014, the Central Bank of China banned the processing of bitcoins by Chinese financial institutions. In Russia, however, cryptocurrencies are legal, even if it is wrong to use another currency to buy goods except the Russian ruble. The U.S. Internal Revenue Service allowed bitcoin to be subject to capital gains tax, and on March 25, 2014, this resolution clarified the legality of bitcoin.

What you need to know about cryptocurrency trading boots

Are you particularly interested in cryptocurrency? Do you want to learn more about the tools that will allow you to achieve the best deals? So you better slap your eyes with a cryptocurrency trading bot. Sounds interesting, right? In an era when bots seem to find their application almost everywhere, it is not surprising that they have been introduced even in cryptocurrency trading. Let’s learn more about these bots and clarify key aspects.

Trading bots for cryptocurrencies (or cryptocurrencies) are computer programs that allow you to buy and sell cryptocurrencies at the right time. They strive to bring profit to their users and ensure that they will have an advantage in the long run. Bots closely monitor market conditions and make transactions based on predefined algorithms. It should also be emphasized that you can set your own settings that will facilitate various transactions. Such software is able to respond almost a thousand times faster than human – so its efficiency can not be said.

Crypto trading bots can be divided into many types. Among them you can find bots that follow trends, arbitrage bots and scalping bots. However, according to bitcoin.com, the most popular of these are arbitrage boots.

Trendy bots will come in handy if you’re mostly focusing on trends, as long as you’re working out your strategies. These bots can follow trends and decide if it is profitable to buy and / or sell something.

Scalping programs make it easier for their users to work more effectively in side markets. This means that “scalpers” (as these users are often called) manage to buy something at a lower price and resell at a higher price.

As for arbitrage bots, they should make a profit by studying the prices on several exchanges and, as a consequence, take advantage of price differences.

Once you have decided to try to apply bots to cryptocurrency trading in practice, you should think about which one will be able to meet your business needs. Remember that all bots have different software and hardware requirements. Consider all aspects before making a decision.

Once all the formalities are resolved, you can proceed to the installation procedure. As a matter of fact, you can get a trading bot by turning to any of the 3 options below:

  • Get it for free through an open source platform;

  • Get a paid version of a licensed bot;

  • Create a trading bot (provided you have enough technical knowledge and skills).

Having processed all the details above, you have probably formed an opinion about bots for crypto-trading. Yet let’s summarize all the benefits they have over people.

  • Speed: without a doubt, bots run a hundred times faster than humans

  • Endurance: boots can run around the clock without weekends

  • Capacity: Bots are capable of processing gigabytes of data per second

  • 100% objectivity: bots are not prone to any emotions. They just do what is required of them.

However, many experts argue that in some cases subjective thinking is required, and thus people can surpass heartless bots. But these are individual cases, and given that bots offer so many huge opportunities, you’ll definitely get better if you give them priority.

As you can see, bots for cryptocurrency trading are really useful and versatile, which allows you to make big profits. Just keep in mind that in order to give them a full game, it is strongly recommended to carefully study the features of the bots. And then you have every chance to benefit from this ingenious technology.

What is an ICO in a cryptocurrency conference?

The ICO is a short Initial Coin Offer. By launching a new cryptocurrency or cryptocurrency token, developers offer investors a limited number of units in exchange for other major cryptocurrencies, such as Bitcoin or Ethereum.

ICOs are an amazing tool for development funds to support new cryptocurrencies that can rain fast. Tokens offered at an ICO can be sold and traded on cryptocurrency exchanges, assuming there is sufficient demand for them.

Ethereum is one of the most notable ICO successes and the popularity of Initial Coin Offerings is growing as we speak.

A brief history of ICOs

Ripple is the first cryptocurrency distributed through an ICO. In early 2013, Ripple Labs began developing the Ripple payment system and created approximately $ 100 billion in XRP tokens. These were sold through an ICO to fund the development of the Ripple platform.

Mastercoin is another cryptocurrency that has sold several million tokens for Bitcoin at an ICO, also in 2013. Mastercoin aimed to tokenize Bitcoin transactions and execute smart contracts by creating a new layer on top of the Bitcoin code.

Of course, there are other cryptocurrencies that have been successfully funded through ICOs. In 2016, Lisk raised about $ 5 million in its Initial Coin Offer.

However, Ethereum’s 2014 ICO was probably the most notable so far. During the ICO, the Ethereum Foundation sold ETH 0.0005 per Bitcoin, raising nearly $ 20 million. Ethereum harnessed the power of smart contracts to pave the way for the next generation of Initial Coin Offers.

Ethereum’s ICO, a recipe for success

The Ethereum smart contract system has set the standard for the ERC20 protocol, which sets out the basic rules for creating other compatible tokens that can be traded in the Ethereum blockchain. This allowed others to create their own tokens, according to the ERC20 standard, which can be negotiated directly with ETH on the Ethereum network.

DAO is a notable example of the successful use of Ethereum’s smart contracts. The investment company achieved a $ 100 million ETH and received investors in exchange for DAO tokens to participate in the governance of the platform. Unfortunately, DAO failed after being hacked.

Ethereum’s ICOs and their ERC20 protocols have reported on projects based on the latest generation crowdfunding blockchain through Initial Coin Offers.

It is also very easy to invest in other ERC20 tokens. You just transfer the ETH, paste it into your contract wallet and the new tokens will appear in your account for you to use as you wish.

Clearly, not all cryptocurrencies have ERC20 tokens that live on the Ethereum network, but a new project based on almost any blockchain can launch an Initial Coin Offer.

Legal status of ICOs

As for the legality of the ICOs, there’s a little jungle there. In theory, tokens are sold as digital goods, not financial assets. Most jurisdictions have not yet regulated ICOs, so if the founders have an attorney in their group, all processes should be paperless.

However, some jurisdictions have been informed of ICOs and are already working to regulate similar sales of shares and securities.

In December 2017, the U.S. Securities and Exchange Commission (SEC) classified ICO tokens as securities. In other words, the SEC was preparing to stop ICOs that it believes are misleading investors.

In some cases the token is just a token availability. This means that the owner can use it to access a particular network or protocol. In that case, it may be defined as financial security. However, equity tokens that value value are relatively close to the concept of security. In fact, most token purchases are made for investment purposes.

Despite efforts by regulators, the ICO remains in the gray legal realm and until a clearer set of regulations is put in place, entrepreneurs will try to take advantage of the Initial Coin Offers.

It should also be noted that when the regulation finally takes shape, the costs and efforts required to comply with ICOs may be more attractive compared to conventional funding options.

Last words

For now, ICOs continue to be an amazing way to fund new cryptography-related projects and have had a lot of success with others to come.

However, keep in mind that everyone is launching ICOs these days and many of these projects are fraudulent or do not progress and lack the solid foundations that are worth the investment. Therefore, you should definitely do some in-depth research and research any crypto project team and background you want to invest in. There are many websites that list ICOs. Do a Google search and you will find some options. .