All posts by Ministry Of Blockchain

What is Bitcoin Wallets? How to Use a Cryptocurrency Wallet?

Why you need a Bitcoin wallet Bitcoin, unlike most traditional currencies, is a digital currency. Thus, the approach to this kind of currency is completely different, particularly when it comes to acquiring and storing it. As Bitcoins don’t exist in any physical shape or form, they can’t technically be stored anywhere. Instead, it’s the private ...

Western Union Taps Ripple for Blockchain Trial

Western Union, the world’s largest money transfer service, has revealed that it is conducting a blockchain-based payments trial with Ripple. Western Union CFO Raj Agrawal confirmed the long-rumored partnership during an interview with Bloomberg, stating that the company was testing the efficiency of blockchain transactions. Agrawal told the publication that its blockchain efforts are still in ...

Microsoft To Implement Blockchain-Based ID System

Microsoft revealed its plans to integrate Blockchain-based decentralized IDs (DIDs) into its  Microsoft Authenticator app, the company announced in a blog post Monday, Feb. 12. As reported in the post, Microsoft is looking to provide new a model of digital identity that would not be controlled by any centralized institution and would guarantee fully private data storage, enabling the individual to ...

Here Are 200+ Resources for Crypto Investors and ICO Developers

Crypto is exploding. The popularity of ICOs, either as a funding vehicle for startups or investment vehicle for cryptocurrency traders, has led to what is the extremely diversified ICO market of today. For anyone trying to do their own research into ICOs, whether for academic or financial reasons, they are bound to have the same ...

Singapore Blockchain Summit 28 FEB 2018

DESCRIPTION Singapore Blockchain Summit 2018 [SBS]: 26th-28th Feb As part of WBS World Tour 2018, GBF is in process of building deep integration with 30+ leading & emerging markets in the space of Blockchain, DLT & Crypto-economic space within Government, Corporates, Investors & Family offices, Startups and Academia. For the same, GBF is hosting 6 ...

A Beginner’s Guide to Smart Contracts – Ethereum’s Key Concept

One of the best things about the blockchain is that, because it is a decentralized system that exists between all permitted parties, there’s no need to pay intermediaries (Middlemen) and it saves you time and conflict. Blockchains have their problems, but they are rated, undeniably, faster, cheaper, and more secure than traditional systems, which is why banks and ...

What Is a Token and What Is It For in the Cryptocurrency Space?

After bitcoin and blockchain, it is now time to get acquainted with another novel concept brought about by the digital economy: The ‘token’. What is this concept that is leading some people to speak about new discipline, ‘tokenomics’? In the digital world, minting currencies is an activity that doesn’t seem to be restricted to central ...

What is Blockchain? [Infographic for Beginners]

Background Paper currencies, as we know, are a long gone fad. And, soon dollars will also be. We’re sitting in awe of a new currency revolution – Bitcoin. It is world’s first recognized cryptocurrency, entering the mainstream gradually and allowing transactions for as basic as grocery shopping. We know, online transactions still sound very horrid ...

Initial Coin Offerings (ICO) Roadmap – Infographic

Initial Coin Offerings have become state of the art crowdfunding mechanisms. Even though such campaigns have managed to raise millions of dollars in a matter of seconds a lot of preparation has to take place if a team wants to have a successful token sale. In the early days, it may have been possible to ...

Singapore Airlines Will Launch a Blockchain Loyalty Wallet App for Frequent Flyers

Singapore Airlines, one of the world’s leading airline operators, is set to launch a blockchain-based loyalty wallet to enhance and further frequent flyers’ spending of accumulated air miles. Singapore Airlines (SIA), has announced its plan to launch a loyalty digital wallet based on blockchain technology for its KrisFlyer frequent-flyer program, enabling travelers to easily spend ...