Tag: wallet

Blockchain Explained… In Under 100 Words

I recently attended an industry seminar where the concept of the Blockchain was explained. At the end of the session, walking out of the lecture room I heard one of the attendees say to a colleague “I’m still not sure what exactly Blockchain is…”. Many of us know that Blockchain is a topic that is hot at ...

5 Ways Blockchain Technology Will Change the Way We Do Business

Most of the media headlines on blockchain technology revolve around the outsized investment performance and extreme volatility of cryptocurrency. This trajectory closely resembled a roller coaster as Bitcoin gained 1,390 percent in 2017 (up as much as 1,935 percent when it hit a record high of $19,666 in mid-December) — and then plummeted to a low of ...

Blockchain: Pushing Traditional Model Of “Trust” To Evolve

If you’ve attempted to dive into this mysterious thing called blockchain, you’d be forgiven for recoiling in horror at the sheer opaqueness of the technology that is often used to frame it. So, before we get into what a cryptocurrency is and how blockchain technology might change the world, let’s discuss what blockchain is. What ...

Why You Should Learn About Blockchain Before Everyone Else Does

From niche technical publications to watercooler conversations to the corporate boardroom, blockchain has become the latest buzz-worthy technology that practically everybody is talking about. But if you stopped the average Joe on the street to ask, What exactly is blockchain?, chances are  you’d get some head-scratching and a few vague references to Bitcoin as a response. Consider: 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 ...

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 ...

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 ...