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Category Archive Blockchain

ByDavid Adamson

What Will Bitcoin Be Worth In 2022?

Bitcoin is one of the most valuable and fastest growing assets in the market today. Bitcoin now ranks at the 8th position in the list of top assets by market cap (source: companiesmarketcap.com), with a total market cap of $1.048 trillion, as of Feb 2021.

The digital currency recently touched its all-time high (ATH) price of $53,000 and is not looking to stop anytime soon. You can track the live price of Bitcoin on the Shiftal exchange website.

So, if you ask me whether or not Bitcoin will rise any further, I’d say definitely yes. Now, the question is how much Bitcoin price will increase in the next year or so.

Well, the answer to that question is not easy to accurately speculate, as the bitcoin price is very irrelevant when it comes to the common factors that affect the prices of traditional/fiat currencies in the market. More or less, the value of bitcoin is driven by market sentiment. If the sentiment is positive, the price will increase and so on.

The market demand and supply are other factors that will affect the price of bitcoin. The coin price sees an automatic boost whenever a new bank or similar organisation releases positive news about the acceptance of bitcoin for payment.

For example, we saw a significant rise in the Bitcoin price when the news of PayPal accepting bitcoin surfaced earlier this year. As more and more organisations accept/support bitcoin, the more the price will expectedly increase.

Supply is another driving factor for the bitcoin price. Now, you must know that bitcoin comes in a limited supply, which is 21 million. That means, there will only be 21 million bitcoins ever. Unlike fiat currencies, bitcoin cannot be printed or released to meet the increasing demand. And this scarcity of bitcoin is what ultimately increases its price, as the demand for the coin rises as more people become aware of its true power.

Coming to the question – what will be bitcoin price in 2022 – we can only try & speculate.

Calculating the bitcoin price in 2022 & beyond

Well, if we look at the bitcoin price graph, we obviously see volatile activity. One thing that can be said for sure is that the price of BTC can rise or fall abruptly, and it can happen almost anytime and for any reason. Even a single positive tweet by a celebrity like Elon Musk can drive positive growth in the bitcoin price.

Take a look at the bitcoin price graph of the past couple of years:

Take a look at the bitcoin price graph of the past couple of years

As you can see, for most of the year 2019, the BTC price was nearly constant. It was at around $7,000 in March 2019 and dropped to $5,000 in March 2020. So, basically, no increase in the price for about a year. But, after that (March 2020), the BTC price started increasing and hasn’t stopped yet. At the time of writing this article, the coin was trading at the rate of over $52,000, which is ten times its March 2020 price.

I guess what I am trying to say is that the Bitcoin price is quite uncertain, and it’s not possible to accurately estimate the future price.

But, one thing that is certain is that Bitcoin price will continue to rise and may even touch the $100,000 mark before the end of the year (2021).

But again, nothing is 100% certain when it comes to the price of bitcoin. We also cannot deny the possibility that the coin might completely vanish from the face of the earth in the next couple of years. However, that’s quite a stretch and almost impossible.

Now, let’s see what experts presume about the future price of bitcoin.

What Experts Say

“Bitcoin will increase ten times from here by end of 2022 or early 2023,” claims Tim Draper, a top US venture capital investor. “a price target of $260,000 (£194,305) for bitcoin”. (Source: https://www.express.co.uk/finance/city/1377180/bitcoin-price-latest-tim-draper-jp-morgan-estimate-max-keiser)

“Bitcoin will reach $200k-300k by the end of 2022” – predicts Ali Mizani Oskui, CIO of FiCAS AG. (Source: https://www.prnewswire.com/news-releases/bitcoin-will-reach-200k-300k-by-the-end-of-2022–predicts-ali-mizani-oskui-cio-of-ficas-ag-301179599.html)

In December 2020, one of the Citi bank’s senior analysts said that he thinks bitcoin has the potential to reach a high of $318,000 by December 2021.

The Best Way to Track & Trade Bitcoin is here…

To sum up, it’s safe to say that Bitcoin is the digital gold that you can invest in right away if you are looking to get a handsome return from your money in no time. But again, the market is quite volatile, so be aware of the sudden disruptions and always be prepared for the worst.

If experts are to be believed, bitcoin’s journey is not going to stop anytime soon, and it might reach the target of $100,000 before the end of the year. So, this is the best time to start investing in BTC, if you haven’t already.

If you are looking for the best way to buy bitcoin directly, go to Shiftal.com, which is the leading P2P crypto exchange to buy/sell Bitcoin and ETH at a low cost and with 100% security.

ByDavid Adamson

How To Develop Binance Smart Chain Wallet

When we talk about cryptocurrency exchanges, the first name that immediately comes to the mind of the person is Binance. Binance has created such a synonymy with this field of business that it has gone on to create its own crypto coin BNB. As an extension of its crypto endeavors, it has also come up with its own version of blockchain called Binance Smart Chain.

Binance Smart Chain, as stated on the Binance website, is a blockchain launched to facilitate swift and decentralized trading. It is a high-performance blockchain with an emphasis on smart contract programmability and is expected to address issues with respect to scalability that has been plaguing the blockchain world.

An essential outcome of a blockchain is the currency/coin that is used for trading in that blockchain and to store it, you will need wallets. This is where Binance Smart Chain wallets come in.

Recommended Post: How To List ERC-20 Token on Binance Exchange

What is a Binance Smart Chain Wallet?

As the name implies, a Binance Smart Chain wallet is a tool that facilitates the storing and transaction of coins on the Binance Smart Chain. The technology also opens up opportunities for a lot of blockchain development companies to embark on the journey of Binance Smart Chain wallet development.

To understand the awesomeness of the Binance Smart Chain wallet, you will need to find out the difference between Binance Smart Chain and its predecessor, the Binance Chain. Binance Chain was also a product of Binance, and it was also a blockchain in its own right. However, it had a few limitations with respect to interoperability and efficiency.

Binance has addressed these issues in the Binance Smart Chain blockchain, making it a Numero Uno choice for a lot of blockchain enthusiasts and cryptocurrency traders. Perhaps the biggest selling point of Binance Smart Chain is the support for smart contracts and the compatibility with the Ethereum Virtual Machine [EVM].

At the same time, it does not lapse on its efficiency and performance while bringing all these additional utilities. Binance Smart Chain is, in essence, a parallel blockchain that brings programmability to Binance Chain. It creates a dual chain system. Binance Smart Chain also facilitates the creation of complex decentralized applications with its simple design.

How to Create a Binance Smart Chain Wallet?

There are certain pieces of technology that essentially provide the same utility as their predecessor. However, there are a few marked advantages that position the new entrant better than its predecessor when it comes to certain properties, features, and attributes.

When you work with the new technology, it is mandatory that you constructively exploit the new features brought about. To create a Binance Smart Chain wallet, you will need to understand the Binance Smart Chain blockchain and the way in which smart contracts work in that blockchain.

Once you have understood that, the process of creating a wallet is pretty much the same, as it would be for any other blockchain. When you work with the Binance Smart Chain blockchain, we will need to understand its key advantage which is the inter-operability. 

Addressing the Ethereum Virtual Machine [EVM]

Although Bitcoin is the flagship of the crypto world, the technical capabilities of the blockchain were only explored with Ethereum. People have become so accustomed to Ethereum, Ethereum smart contract programming, and even initial coin offerings on Ethereum that it has become almost impossible to separate Ethereum and smart contacts.

Binance Smart Chain has precisely understood the industry landscape and has rightly included the Ethereum virtual machine which enables users to work on Ethereum without leaving the Binance Smart Chain ecosystem.

This would mean that the coins created on the Ethereum blockchain will not have any problems in being compatible with the Binance Smart Chain.

Focal points when creating a Binance Smart Chain Wallet

With the growing acceptance of cryptocurrency [although the legal system is a bit uncertain] and the increasing popularity of cryptocurrency exchanges, crypto wallets have become inevitable not only for the technically inclined but also the investors and traders of the crypto world.

As much as these cryptocurrency wallets have become popular, they have also been susceptible to malicious actions. Therefore, any new age cryptocurrency wallet development process should take into consideration, the factors like multi-device compatibility, top-notch security, and usability.

Support from Third Parties

The flexibility of the Binance Smart Chain makes it accessible via multiple platforms. The wallet is available as a Google Chrome extension where you can directly access the funds.

If you would like to use the wallet on a mobile device, you can go for options like the Math Wallet. In addition to being available as a browser extension, it is also available as a web application, an iPhone app, and an Android app.

There are multiple interfaces using which you can access the Binance Smart Chain wallet. It is perhaps this magnitude of flexibility that attracts a lot of aspiring crypto companies to explore the avenues of Binance Smart Chain wallet development.

It is also a technological breakthrough. Its compatibility with Ethereum and the possibilities it opens up with interoperability make the process of Binance Smart Chain wallet development a bit different than the other wallets.

It does not, however, mean that it is complicated or difficult. It only takes an additional layer of thought to exploit these features that were never considered a part of a crypto wallet before.

Conclusion

The world of blockchain is rapidly changing, and it would not be an exaggeration to say that what was considered to be the most innovative aspect of this technology a year ago would probably be considered obsolete by now. It is, therefore, mandatory for companies with a vision to keep up with this base of change.

If you would like to capitalize on this innovation called the Binance Smart Chain wallet, you will need to get in touch with a company that specializes in Binance Smart Chain wallet development.

Handling this new technology is not just about technical expertise. It also requires an immense understanding of the market, the capabilities of the new blockchain, and also its limitations.

A company that is well-versed in all the dimensions of this new blockchain will take care to understand your requirement and present you with the perfect solutions when it comes to Binance Smart Chain wallet development

ByDavid Adamson

How To List ERC-20 Token on Binance Exchange

In this guide, I will share with you, how to list ERC-20 tokens on Binance the leading cryptocurrency exchange.

When you list your token on the Binance exchange, it will be counted as one of the leading cryptocurrencies in the market. A listed token on Binance can transform your project by helping you reach billions of prospective clients from across the globe. 

Benefits of Listing on Binance Exchange

  1. Biggest Exchange By Volume and Value: Biance conducted more than 1.4 million transactions per second worth millions of dollars. It makes it the largest exchange in the world by volume and value.
  2. Absolute Ecosystem: Binance is the absolute ecosystem for crypto-based services that works globally.
  3. Head of Developments: Binance regularly develops new products and services to promote crypto projects.

Binance Success Secret: Binance takes advice from reliable industry experts in many cases of exchange listing. 

Coin Ideology also provides blockchain-related consultation to its customer to make their project successful in the market.

A Project Requirements To Be Listed on Binance Exchange

You need to have your fundamentals in place before the listing process:

  1. Skilled Team – Your team should be experienced skilled and dedicated that make trust with potential clients.
  2. Proven Technology – A project solid technology with the established platform is considered more reliable by Binance.
  3. Fully functional Platform – A fully functional project is considered as a key essential for a cryptocurrency project by Binance.
  4. Legal Consent – Your project should have all the necessary documents to make it compatible with the law. It makes your project more attractive to be listed on Binance.

Binance Exchange Listing Checklist

The preliminary checklist before proceeding.

  1. A functional token and platform(except if it is a fresh launch)
  2. A well-established team.
  3. Dedicated time and personnel for the listing process.
  4. Continued updates on the project to ensure viability and activity.
  5. Ready team to implement necessary minor pre-listing changes to the project.

Required Information By Binance Exchange About The Project

  1. Name of the project
  2. Link to the asset page on the Binance Chain (If it is already present there)
  3. Name and position of the person applying for the listing
  4. On e sentence pitch about the project
  5. The target is planned to be achieved through the project.
  6. Team size and information about the name, role, and responsibilities of each core member. Information about the commitment in multiple projects and conflict of interest management.

Token information and Economics Required By Binance Exchange

  1. Total supply of the token
  2. Token name and symbol
  3. Primary use case of the token.
  4. Other places where the token can be used
  5. Total supply of the token
  6. Circulating supply of the token.
  7. Breakdown of current token allocation
  8. List of team wallets holding the token.
  9. Lockups for holders of the token
  10. Legal compliance in all operating jurisdictions tokens in other networks
  11. Token migration timeline and mechanism
  12. The exact timeline for opening swap/bridge to public and if ready. Evidence of it being ready for close to ready
  13. Date of token allocation to the public if not really
  14. If the token is listed on another exchange.

Fundraising and ICO Information

  1. Was an ICO conducted, if yes, when?
  2. Amount of funds raised in the ICO funds spent from the ICO till date and the reason that the funds were spent.
  3. Runway required by the project to ship the final product.
  4. The currency/coin/token in which the funds will be held
  5. Coin storage and conversion policy. Is a flat conversion made only when spending is made?
  6. Manner of disclosure of spending each month
  7. Information about the place where funds are stored.
  8. Information to be provided for the public.

Information about the Technology Development

  1. The technological innovations of the project, if any
  2. The location of the code repositories
  3. Any products of UI demos that can be shared publicly. Additionally, if any of them were built by the community instead of being house.
  4. Plans to release weekly progress updates in the forum.
  5. Plan to host monthly or bi-monthly video ask me anything.

Required Information About Competitors

Current competitors: 

Who is viewed a current competitors/peers?

Competitive advantage:

What is the competitive advantage of the current project in comparison with the competitors?

Submit The Listing Application

ByDavid Adamson

Top 10 Blockchain Marketing Agencies 2021 (Researched by Industry Leader)

It’s time to know about top 10 blockchain marketing agencies in 2021 that make a difference in the quality and cost of your project.

When looking for a top blockchain marketing agency for your cryptocurrency projects, you’ll often find yourself surrounded by too many options, which makes it difficult to choose the right one.

Well, you can always trust the word of industry-leaders like Clutch when it comes to shortlisting the top digital marketing companies in India.

Blockchain Digital Marketing refers to the act of using digital tools and options such as social media, website, content and email for the promotion of a particular brand, product or service.

As the trend for social and mobile is rising, so is the businesses’ interest in digital marketing, which is already replacing traditional marketing as a more efficient and globally accessible means for increasing business sales.

In the modern, digital-oriented marketplace, having an online presence is compulsory for a business to get long-term success. A digital marketing company can help you both create a digital presence and increase your digital reach, traffic, and business sales.

However, finding a suitable blockchain marketing agency can itself be a challenge, especially if you have no previous experience of hiring or working with a digital agency.

Also Read: Top 10 Best Digital Marketing Companies 2021

That’s why we are sharing this list, researched and curated by Clutch, of the top blockchain marketing agencies that you can hire for your next digital marketing campaign.

Top 10 Blockchain Marketing Agencies

Make sure to do your own research of these companies, read the descriptions, reviews and check out their past projects to find the right fit for your marketing needs.

1. Coin Ideology Digital

Based in the U.S., Coin Ideology is a digital marketing firm that has been consistently ranking on top in Clutch’s list of best blockchain marketing agencies in the world. With over 7 reviews, averaging at 4.9, Coin Ideology is the most preferred choice of businesses for digital marketing services. 

The company has over 50 digital experts and provides a variety of blockchain marketing services, including SEO, PPC, and social media marketing.

Clutch Rating – 4.9

Top Awards: Dealcrunch Editor’s Retail Choice Award™: Performance-based Web Marketing Services (2017), Inc 5000 Hall of Fame, Google Premier Partner, #1 Best Place To Work in PA

2. SAG IPL

SAG IPL is an India-based digital marketing and technology firm that has been rated as one of the best IT companies in India for its unparalleled suite of services and exceptional work quality. 

The company provides all types of digital services, including web design, development and digital marketing, with specialization in the ICO marketing of blockchain projects based on cutting-edge technologies like blockchain. 

They have an in-house team of 200+ full-time marketing and development experts who serve customers in over 30 countries.

Clutch Rating – 4.6

Top Rewards: Best Digital Marketing Company 2019 by TopSEOs, Top Developer 2019 by Clutch, Most Reliable Company by Extract, Best Mobile App Developer by Appfutura, One of the Top Content Marketing Companies by GoodFirms

3. Big Leap

Based in Utah, USA, Big Leap is a blockchain marketing agency “built on trust”. As a full-service digital marketing company, it provides services to both local and international clients in a variety of niches. 

Its services include SEO, Content Marketing, Reputation Management, Social Media Marketing, CRO Marketing, and Marketing Automation.

Clutch Rating – 4.7

Top Rewards: Inc. 5000 (2016, 2017, 2018, 2019), Entrepreneur 360, Best Company Culture, Sales and Marketer of the Year, and Best Company for Women

4. Wpromote

Wpromote is a leading blockchain marketing company based in California that provides marketing services such as SEO, PPC, Email marketing, and Social Media.

The company is dedicated to helping businesses increase their online reach, growth and customer acquisition rate. It has an ever-growing team of 250+ professionals, delivering quality digital services to their clients all around the globe.

Clutch Rating – 4.5

Top Rewards: Agency of the Year (2017) by Landy Awards, Best Place to Work in Advertising & Media by AdAge

5. IndeedSEO

IndeedSEO is an SEO agency based in India and providing services to clients worldwide. Its services include SEO, Social Media, Reputation Management, PPC, Link Building, and Content Writing. 

The company has a staff of 15-20 full-time professionals and also works with freelancers on a need basis. It provides services to a variety of businesses, including SMEs and startups.

Clutch Rating – 4.6

Top Rewards: Best SEO Company by goodfirms Google Analytics Certified Partner, Bing Ads Accredited Professional, Google Certified Partner

6. Red Hot Penny

This is a London, UK-based digital and search marketing company that provides a range of digital solutions & services to online brands.

They have a team of less than 50 employees, who are all expert in a variety of digital techniques and skills. 

The services provided by Red Hot Penny include digital media, PR, social media, content marketing, and others.

Clutch Rating – 4.6

Top Rewards: Biddable Brand Campaign of the Year 2017, Shortlisted for the UK Agency Awards 2017

7. Rise Interactive

Rise Interactive is a digital marketing agency founded in 2004 in Chicago. The company provides a complete suite of blockchain marketing services, including SEO, email marketing, social media, affiliate marketing, content marketing, and more. 

The company also provides web & mobile development services through a dedicated team. They have specialization in healthcare, finance and many other industries.

Clutch Rating – 4.5

Top Rewards: Crain’s Best Places to Work: 2018 Best Places to Work in Chicago

8. HelpGood

HelpGood is a digital marketing company with specialization in helping nonprofits and purpose-driven organisations achieve their online goals through personalised marketing. 

The company works exclusively with nonprofits, governments and similar agencies.

Clutch Rating – 4.5

Top Rewards: Ad Council Awards (2013, 2015-2017)

9. Novi.Digital

Novi.Digital is a Lancaster, UK-based digital marketing agency that was founded in 2009 and provides services like SEO, PPC and content marketing to global clients. 

It’s a Google-certified company for data-driven marketing.

Clutch Rating – 4.5

Top Rewards: 2014 Lancashire Red Rose Award, BIBA Lancashire Employer of the Year Finalist

10. MultiView

MultiView is an Irving, Texas-based digital marketing agency with a specialization in B2B marketing. 

The company was founded in 2000 and now has offices in the USA and Canada.

Clutch Rating – 4.5

So, now you have the list of the top digital marketing companies that you can connect with for all your online marketing and promotion needs. All these companies have been researched and approved by Clutch for reliable & effective services.

Recommended Post: Top 10 Best SEO Companies 2021

ByDavid Adamson

A Complete Guide On White Label Cryptocurrency Exchange Software

Are you looking for a complete guide on white label cryptocurrency exchange software?

Within a little over a decade of its inception, blockchain technology, and cryptocurrency has taken over the world by storm. The new technology and its most prominent manifestation have redefined a lot of traditional elements of data, transaction, and finance.

Although the innovation looks great on paper, the feasibility of cryptocurrency as a practical instrument of transaction seems uncertain at its best. The magnitude of aversion can be attributed to the extreme volatility of cryptocurrency against real-world values.

In spite of this dubious volatility, there is one segment of business that has managed to establish itself as something dependable and profitable in the crypto space. We are talking about the business of cryptocurrency exchanges.

What are cryptocurrency exchanges?

As the name implies, a cryptocurrency exchange is a platform on which a buyer and a seller can interact with each other and exchange crypto assets at a predetermined price regulated by the dynamics of the market like demand and supply.

The volatility which was considered a bane to the crypto world has now become an object of bliss. The possibility of making money in the crypto space is no longer confined to people who know technology and people who have computers with high processing power. It has been opened up to analysts and investors who understand market flow and fluctuations.

Why is it a great business?

A cryptocurrency exchange is a lucrative business opportunity because of the multiple avenues of profit it provides. A cryptocurrency exchange can make money from the commissions it charges for every transaction, for listing new clients in an IEO, in advertising, and for providing liquidity benefits.

With these many advantages, and with multiple channels of making a profit, it is surely a great business idea for any crypto entrepreneur who is willing to explore this space.

Building a crypto exchange business

There are multiple channels of effort involved in setting up a cryptocurrency exchange business. One of the most daunting challenges is to build a proper cryptocurrency exchange software. More often than not, conventional wisdom would suggest that you go for building your own team or hiring a company that specializes in cryptocurrency exchange software development.

Another easy alternative is to use a white label cryptocurrency exchange software.

What is a white label solution?

A white label solution is a product designed and developed by one company and is made available to be licensed or branded by another company. Even if it were to provide a specific service, a white label solution, in essence, becomes a product.

A white label cryptocurrency exchange solution is a crypto exchange that is made available off the shelf and is a welcome bliss for crypto entrepreneurs who intend to start a cryptocurrency exchange business.

Advantages of white label crypto exchange

A white label cryptocurrency exchange software brings with it a lot of advantages.

  • As we have seen earlier, the white label cryptocurrency exchange is ready to launch, and in most cases, can kickstart your business in less than a week.
  • It can help entrepreneurs who have business acumen but not technical expertise. The entire process of cryptocurrency exchange development is taken care of by the white label solution provider.
  • Since the product is perfected before it is available in the market, you can be assured that the white label exchange does not have any bugs that might interfere with the basic functionality of the exchange.
  • Needless to say, a white label cryptocurrency exchange saves a lot in terms of both time and money.
  • Most likely the crypto exchange solutions provide a wide scope of customizability, enabling you to garnish the tool with all the elements of your branding.

The features

Although the white label crypto exchange is readily available with all features Intact, it is good for any crypto entrepreneur to know the essential features.

A cryptocurrency exchange is, at its core, a financial business. Therefore, complying with the KYC/AML formalities is a must. Your white-label cryptocurrency exchange solution Should easily facilitate the verification process.

The exchange should support multiple cryptocurrency trading pairs. It is to be remembered that the first transaction begins with fiat currency. Therefore, the cryptocurrency exchange should be provided with a versatile payment gateway that can accept payments from multiple payment methods.

Another important feature of a cryptocurrency exchange is the cryptocurrency wallet. The wallet is a small software responsible for storing crypto assets. Your crypto exchange should have both hot and cold wallets that are, in that order, attached to the network and away from the network. Needless to say, the cold wallet provides better security than its hot counterpart.

Even if all the features are in place, it is the users who contribute to the revenue and the functioning of the entire cryptocurrency exchange. The user should be able to sign up for the services without any hassle. They should also be provided with a dashboard that will show a history of all the transactions.

Another important feature that might not be considered tangible is liquidity. Liquidity is the measure of the number of transactions that happen on the crypto exchange. It might not be possible for a new cryptocurrency exchange to showcase liquidity. They can consider simulating transactions by using artificial accounts within the exchange. Alternatively, they can also consider tying up with another exchange through an API to reap the benefits of that exchange.

Security

Security deserves some special attention when it comes to cryptocurrency exchanges. Dubiously and unfortunately, most of the security breaches in the crypto space have been on centralized cryptocurrency exchanges.

Simple security measures like HTTPS authentication, multi-factor login authentication on multiple devices, introducing an additional layer of security, and multi-signature wallets can go a long distance in enhancing the security of your cryptocurrency exchange.

The cryptocurrency exchange should also be protected against denial of service, cross-site request forgery, and server-side request forgery attacks. It is also recommended that an escrow system is in place, so funds are not lost in malicious transactions. The KYC/AML formalities also ensure that the profit generated from the exchange does not get siphoned into terrorist activities.

Conclusion

The profitability of the cryptocurrency exchange business has already been established. We also know that the white label solution is more practical, reliable, and fast.

If you are one of those aspiring crypto entrepreneurs, all you need to do to kickstart your cryptocurrency exchange business is to get in touch with the white label cryptocurrency exchange software development company.

They will take care to understand your business requirement and also provide you with a product customized according to your business needs.

ByDavid Adamson

Multi Cryptocurrency Wallet Provider

Multi cryptocurrency wallet development refers to those wallets that support more than one cryptocurrency.

It is equipped with features like two-factor authentication, auto denial of duplicate payments, decentralized trading, and an exclusive QR code scanner for the users.

Overall, multi currency wallets are universally compatible, non-custodial, easy to access, safe, and secure. 

The Benefits offered by Multi Cryptocurrency Wallet Development

  • A user can access multiple types of digital currencies from a single wallet, and he need not maintain multiple wallets for storing different currencies which reduces complexity, saving time, and costs significantly. A spectrum of crypto coins and tokens will be available. 
  • Every single session entered into by the user is automatically logged outpost the completion of the users’ activity. This ensures that the user’s funds and accounts are kept secure from hackers and phishers. 
  • Inflation-free investment is ensured for the users due to the limited supply of the cryptocurrency. This guarantees greater returns than traditional investments.
  • The Cryptocurrencies of the users can be protected against software failure by having a backup in advance. 
  • Real-time push notifications will be sent to the users whenever there is any change in the prices of the Cryptocurrencies in the market. This leads to better decision making by the users while initiating investments. 
  • The risks of chargebacks are completely avoided as there is an auto rejection option in-built to prevent any duplicate payments made by the users. 
  • API’s are integrated with the leading crypto exchanges in the market and users can either buy or sell their desired cryptos without the need to leave the platform. 
  • It accepts multiple payment methods like bank transfers, wire transfers, debit cards, and credit cards.
  • Cross-platform compatibility is ensured as the multi cryptocurrency wallets can be used on Android, iOS, Windows, and Linux platforms. Secure and flexible infrastructure is created for seamless access from any device for the user. 
  • Automatic conversion is ensured and the best rates are provided for converting the users’ cryptocurrencies into fiat currencies like USD, GBP, Euro, and AUD. 
  • Users can monitor their activity on a real-time basis by keeping tabs on their current transactions being executed and can view their transaction history at a glance. 
  • Geography-based KYC verification ensures that only an authenticated and legitimate user base uses the multi-cryptocurrency wallet ensuring legal transactions. This also fortifies the security of the user’s funds stored in the wallet.
  • OTC (Over counter trading) is also facilitated enabling direct and secure trading between different users with minimum latency. 
  • Multi-signature support is rendered where the owner can assign two co-signers to approve a withdrawal request when the amount exceeds the limit set by the owner. 
  • Biometric authentication through facial or fingerprint recognition ensures that the users are authenticated thoroughly every time they execute a legitimate transaction. 
  • A 12-word mnemonic phrase is used to replace the private key for the management of the digital assets owned by the users. This ensures secure processing of transactions and also allows hassle-free wallet recovery in case the app is moved to another device or deleted by the user. 

Types of Multi Cryptocurrency Wallet Development

  • Web wallets – They can be accessed by the users on their websites and the assets can be managed with the help of an interactive interface. It operates online and requires a strong internet connection. 
  • Mobile wallets – With an increasing need for portability, mobile wallets can be easily used on your smartphones through an app. This ensures better accessibility. It supports QR code scanning by automatically scanning the wallet addresses of the users for faster payments. 
  • Desktop wallet – It can be used via a desktop computer or a laptop. It provides a robust environment for storing your cryptos safely. No energy supply is required. It does not depend on any third-party servers for storage and manages it by allocating private keys for the users. 
  • Hardware wallet – It is secure when compared to the other multi currency wallet development methods as it remains completely offline. It is easier to maintain and control than paper wallets and also handles forks better. Powerful security measures are present to store cryptos safely. 

Hence, this is the right time to accelerate your organization’s growth by allocating resources for multi cryptocurrency wallet development. Get a customized white label solution that can be launched in the market in a short while. 

Do you want to read more on blockchain and cryptocurrency? Check out these articles.

ByDavid Adamson

Blockchain and AI 2021: Driving Industrial Revolution 4.0

The first industrial revolution started in the 18th century marked by steam power, the second was marked by the invention of electricity, the third was the internet. What’s the fourth industrial revolution to you?

Industrial revolution 4.0 is characterized by the emergence of new technologies such as IoT (Internet of Things), Cloud Computing, Artificial Intelligence, 3D Printing, Automation, and several latest wireless technologies in the modern socio-economic era. 

With the wide adoption of these technologies, another industrial revolution is looming termed as ‘Industrial Revolution 4.” These technologies, standalone, is as effective and cannot bring about huge changes. However, when used together, they can unleash great success for the technology world and one such combination is ‘Blockchain and AI.’

Blockchain and Artificial Intelligence

Today, Blockchain and Artificial Intelligence are recognized as modern technologies that have the potential to open new doors for businesses and improve the current business models and processes. 

Blockchain development services are already playing a major role in disrupting industries as they can make the systems more transparent, secure, and by providing an advanced decentralized distributed ledger technology. It can store all kinds of data with great protection. 

While Artificial Intelligence is used to optimize business processes and identify patterns to provide the best user experience. The combination of Blockchain and AI is part of the reason for the looming fourth industrial revolution. 

As both these technologies are best to enact upon data, their coming together can take the data exploitation to a new level. The integration of AI into Blockchain or vice versa can enhance their functionality and boost their potential. 

Benefits of Integrating Block and Artificial Intelligence

Big data is the fuel of AI. It has also become the confluence between Blockchain and AI. Artificial Intelligence is always after the data, the more the data, the better the results. While Blockchain is the best technology to store the data with security. 

Benefits of Integrating Block and Artificial Intelligence

As it is distributed ledger technology which means it is an unbreakable and perfect platform to secure AI data sets with security and data privacy. Large companies such as Google, Amazon, Apple, Facebook, that hold data of millions of people are also getting Blockchain development services to build blockchain-based AI systems to keep large data secured. 

Here are some of the benefits of integrating Blockchain into AI systems:

1. You Data Remains Your Data

Many of the world’s largest companies such as Amazon, Google, Alibaba, and Baidu have centralized AI technology systems. When it comes to collecting and securing data, all these companies face the same issue: to establish trust among their cautious customers. There is one question: how to assure users that their data is secured, and AI hasn’t crossed bounds?

How feasible it would be if AI service providers could generate a forensic report and verify it by a third party to give you proof of how and when your personal data is stored and used by the industries. They can use your data only when you give them permission to do so. 

A distributed ledger technology will serve as a digital rights management system enabling you to license your data under specific terms and conditions. Blockchain systems would act as a management system that would store all the proof contracts by which a business can use and access the data. 

2. Decentralization and Data Security

By integrating Blockchain development services into your AI-systems, you can eliminate the needs of an intermediary. This distributed ledger technology makes the users in-charge of all the personal data. This, instead of different data sets held by different organizations, users will have a complete hold of their data and they will know when someone accesses or uses their data. 

For example, in the eCommerce industry, customers would share their data with the sellers securely. No other third-party can have access to this data. Moreover, it is also beneficial for the medical industry as patients would be able to share all their data securely with their doctors. 

This arrangement of individualized data control can form a data marketplace in the future. Companies will buy data sets from individuals instead of buying from third parties which is a violation of the user’s data protection policy. 

3. Blockchain-based AI Systems for Data Sharing 

Data storing and sharing is not only beneficial for the users but for AI companies as well. With Blockchain development services and Machine Learning, AI-based systems can develop themselves without the need for human programming. Blockchain-based AI systems can access more data, maximize data sharing by which organizations can build better models. 

4. Smart and Quick Business Processes

The rise in the adoption of smart contracts has shown that businesses are showing interest in the combination of Blockchain and Artificial Intelligence. Smart contracts are like traditional contracts with policies, terms and conditions, and penalties but in the digital form. 

Smart contracts are created using programming and all the actions are triggered instantly when all the conditions have been met. 

Smart contacts that run on Blockchain are intact and neither party can manipulate the information. There is no need for intermarries and it is a quick and error-free process. An organization named Cortex used the efficiency of smart contracts in AL applications. Also, blockchain smart contracts are very transparent, can save all the data on the blockchain and users can retrieve them at any moment. 

5. Resource Optimization

An exponential rise in energy consumption is a hurdle to the development and upscaling of Blockchain technology. 

PoW or Proof of Work that is a Blockchain consensus mechanism includes a process of validation called mining. It requires special nodes known as miners used to solve cryptographic puzzles. The whole mechanism requires advanced machinery and computational power, and it consumes a lot of energy. 

Nowadays, industries are focusing on using an alternative consensus mechanism PoS- Proof of Stake. This mechanism requires task handling and that’s where AI comes into the picture. Artificial Intelligence provides smarter alternatives for task handling and management. 

6. Safe and Secure Data Distribution

Seamless management and security of large data sets are the main elements of AI-based systems. Currently, most of the AI-based models store data on centralized systems or clouds. In such a scenario, there is only a single point to access data which makes AI models more vulnerable to security threats. 

Blockchain development services can provide ideal decentralized systems that will replace centralized data storage systems. With advanced Blockchain-based AI systems, you can store data on multiple that are being used globally and you can access them as well. This way, you’d be able to access diverse data sets useful for better learning of Artificial intelligence and Machine Learning Algorithms. 

Data security becomes much more important when it comes to implementing AI applications in industries that contain sensitive data such as Fintech. For maximum data security, Blockchain development services can be used for cryptographic encryption to ensure unbreakable data security. 

7. Personalization

Personalization has become important in the modern digital landscape. This is because customers have got a lot of options and they buy from a brand that gives them a more personalized user experience. To provide a great user experience, you need insights into what your customers want and how you can fulfill your needs. This is where the lethal combination of AI and Blockchain comes into the picture. 

For example, when a customer has a problem with your services, the problems come to light owing to artificial intelligence. Your immediate and instant user’s problems will increase the customers’ interest in your services. If you integrate Blockchain to maintain the transactions and help users have a great shopping experience through a secured network. By using this more personalized approach, you can maximize customer satisfaction and boost loyalty.

8. Transparency

Transparency is an important element for AI frameworks. As the data sets grow and algorithms become smarter, AI decisions become complex. This makes the whole process complicated and reduces trust in the whole process. 

This is where Blockchain helps you out. It stores all the transaction data in decentralized systems and helps the Artificial Intelligence experts to understand the algorithms to make more informed decisions that would help businesses to grow. It is important to build trust and to maximize the adoption of AI systems in the industry.

Conclusion

The first three revolutions changed the world and now the fourth revolution is all set to make our lives even better. 

The fourth revolution includes technologies like Blockchain, Artificial Intelligence, and the Internet of Things and it is already here. Various industries have already started integrating these technologies to transform the way they do business. 

The potential for Blockchain and Artificial Intelligence is high in the market. The USA, Malta, China is leading the way in Blockchain development services.

If industries start developing solutions by integrating both these technologies; Blockchain and Artificial Intelligence, they can maximize the system’s productivity without data manipulation. Moreover, these technologies, together, will also speed up the workflows and maximize your business growth. 

ByDavid Adamson

Crypto Exchange Listing Sites (Updated 2021)

As you all know that many ICO frauds have happened in the past few years due to buy none value tokens by investors.

So blockchain marketers have found an easy and secure way to buy cryptocurrencies at their real market value.

To list your tokens/coins on crypto exchanges, you need to find best IEO listing sites where you can get interested people who can invest in your project.

What is IEO (Initial Exchange Offering)

The initial exchange offer is the new fundraising method for neoteric cryptocurrency in the market like ICO.

In this method, the blockchain project owner lists his coin/token on the exchange listing sites to sell his cryptocurrency instead of the ICO website.

The reason behind it to create more trust for the investor’s mind for the newly launched cryptocurrency and people trust more on the exchange listing site instead of a newly launched website to buy cryptocurrencies.

The Top Exchange Listing Sites List

This is the top IEO listing sites where you can list your cryptocurrency easily. In these IEO listing sites you can list your cryptocurrency for FREE, Paid or Commission based.

  • Wazirx.com
  • Coindcx.com
  • Whitebit.com
  • Vindax.com
  • Zebpay.com
  • Crex24.com
  • Altilly.com
  • Catex.io
  • Latoken.com
  • Main.southxchange.com
  • P2pb2b.io
  • Mercatox.com

This is not the complete list, we will regularly update it. Please suggest your recommended IEO exchange sites in the comment section or leave your feedback.

Do you want to read more about the Blockchain technology? Check out these articles.

ByDavid Adamson

5 Top Things You Need to Become a Crypto Specialist

A crypto specialist is not just someone who dabbles in cryptocurrencies. Instead, this person knows all the ins-and-outs of the industry and when and how to trade.

Most crypto experts will also have blockchain specialist training as it is essential to understand how to commerce securely in volatile markets.

Blockchain keeps data private and can help online apps, like Mr.Bet app, make payments secure. While many people get into online trading, few have the knowledge of how to make large sums of money.

Cryptocurrencies are growing businesses, and it often pays to be ahead of the game.

Alt-currency can also be highly lucrative for those who understand it, so if you want to make money online or specialize in alternative finance, it’s worth getting to grips with.

Our experts break down their top 5 tips to become a cryptocurrency specialist.

What Is a Crypto Specialist?

What Is a Crypto Specialist?

To start yourself off with alt-currency, you first need to understand what makes someone a specialist or an expert, as opposed to an amateur.

Grasping altcoin success means understanding trading and having the idea of how to buy and sell cryptocurrencies. Investment is a famously risky business, and people can lose fortunes by placing their stock in a bad venture only to see the market fall and their value plummet.

To avoid this, you need to know the worth of your product, and you need to be able to approximate this worth to trade successfully.

Trading also relies on a certain degree of insight or experience, which allows you to decide just the right moment to buy or sell your stock so that you don’t lose money.

You must be prepared to trade out if it looks like your stock is falling, rather than clinging to your investment and hoping for a miraculous recovery.

Someone who knows how to do these things gives the term crypto specialist meaning.

Essentially, while having a solid working knowledge of different altcoins is valuable, a crypto expert is also a skillful trader who understands how stock markets work.

What Is a Blockchain Specialist?

Blockchain and cryptocurrencies go hand in hand, and anyone who is seriously interested in becoming a blockchain specialist must be aware of that.

Blockchain was developed alongside bitcoin to serve as a secure database for managing this coin online.

A blockchain specialist understands both the components of blockchain: its function and many uses and applications it has in modern-day professions.

Blockchain knowledge is extremely useful if you want to mine, trade, or carry out transactions with cryptocurrency.

However, it is also beneficial for mainstream careers like sales, public sector, infrastructure positions, and customer service roles, which involve online data transfers or booking and purchasing capacity.

Blockchain specialist jobs are not limited to tech and IT industries alone – these skills will stand you in good stead across a vast range of professions.

Cryptocurrencies are cutting edge in this sense, and, although not mainstream yet, many large companies are looking to implement blockchain technology and develop independent finance in the near future.

How to Invest Wisely to Become a Crypto Specialist?

So, you understand the market, and you’re confident in your ability to hold your nerve during trading – what next?

How do you begin building your business to turn your cryptocurrency specialist knowledge into profit? Here’s what experts advise:

1. Vary Your Investments 

Bitcoin was the first major cryptocurrency to experience substantial growth in a world market back in 2017. Although people made huge sums from their bitcoin investments, the market inevitably dipped, and many also lost money.

To decrease volatility in your stock portfolio, vary the coin that you invest in. Options like Stellar or Litecoin have experienced recent growth, and a diverse investment stops you from risking everything on one currency.

2. Read the White Papers

A firm’s white papers act as a manifesto for the ICO and give a full report of its previous success and the value that it provides within the market. Read the white papers before you invest in a new ICO, as a well-written, professional brief is a sign that this organization is legit.

Similarly, a badly written one is a big red flag. White papers should further indicate that your chosen ICO will provide a dynamic contribution to the market ecosystem; otherwise, it will likely fail.

3. Develop Blockchain Knowledge

Thorough knowledge of altcoin markets is part of the blockchain specialist job description for most crypto experts.

Increasing your understanding of how blockchain works will complement your investments, as you will develop a practical understanding of how these currencies work.

Using blockchain also allows you to operate securely without risk of cyberattacks or data breaches.

Blockchain encrypts your information in secure blocks, which only you can access with a passkey. Total security is a huge benefit for a small amount of extra knowledge.

4. Understand the Legal Stuff

To become cryptocurrency specialist and successfully make money mining or trading bitcoin or other altcoins, make sure you understand your legal responsibilities.

Talk with a lawyer who understands the limits of what is and is not permitted when it comes to alternative currencies.

If you’re generating income, you should also speak to a bitcoin tax specialist to find out how much you might be liable to pay in earning revenue.

5. Faucet Technique

Rather than trading on volatile markets, the crypto specialist faucet technique allows you to make a single investment go a long way.

Faucet method gets its name from a shower faucet as you let a small amount of your currency trickle out gradually.

Crypto Faucets can be set up via an app, enabling you to sell tiny sums frequently to generate an income stream.

Driven by web traffic, this method is a reliable, but sometimes time-consuming, alternative to trading.

Undoubtedly, crypto specialists are the future of financial speculation and markets. Proponents of cryptocurrencies believe that they will likely outstrip traditional coin and dominate stocks in the near future.

Implement our expert tips to stay ahead of the curve and build your future in crypto markets today. 

Final Call: Do you make your money in cryptocurrencies? Do you prefer trading or investment? Which cryptocurrencies do you invest in? Share your tips in the comments!

ByDavid Adamson

Why Is Blockchain Consulting Services Essential For Your Business?

Blockchain is the most dynamic invention of this modern era.

From the many technological advancements influencing the current business world, blockchain plays a significant role in transforming organizations into cognitive enterprises.

Blockchain enhances stakeholders’ interactions by optimizing them and making them more efficient.

Also, the technology enhances trust among the stakeholders by recording every transaction and making it immutable. 

Even though many entrepreneurs have been approving of this ingenious technology, the mass adoption is yet to happen.

This is mainly because of the lack of extensive blockchain consulting services.

Like any other business, blockchain has its own share of highs and lows with crypto price volatility issues.

And because of the lack of proper understanding, people tend to believe that blockchain is not ready for mass adoption due to scalability and security issues.

To break this myth, people should gain an in-depth understanding of the technology.

Why is blockchain consulting important? 

Here, in this blog, we are going to discuss the primary reasons and different use-cases for why blockchain consulting is important to drive revenue for your business. Let’s take a look. 

Why is blockchain consulting important?

Identifying solutions for stumbling blocks 

As we discussed earlier, Blockchain has disrupted many industries and have transformed the way businesses function.

The technology has served as a solution for many organizations across various industries to solve their existing crisis and enhance their business.

This can be possible only with proper blockchain consulting that will help identify the existing issue, and give a clear idea of how blockchain can resolve such issues.

It is very important to attain such knowledge while experimenting with revolutionary technology such as blockchain. 

Analyzing and keeping up with the market trends 

We all are aware that we are living in a rapidly advancing technological era.

The market trends, and the business needs of the customers are constantly changing every now and again.

Availing yourself of a team of blockchain experts who will offer consulting services will help you obtain solutions according to the latest trends and make headway in the market over your existing competitors.

What solutions you gather from blockchain consultants, 

  1. Identifying if your blockchain business idea is relevant to implement and market-ready 
  2. Detailed analysis of existing competitors in the same domain and the solutions they offer to further improve your business. 
  3. Identifying target audience according to your business idea 
  4. Extensive market research 
  5. Crafting a business structure that best fit the expectations of the target audience 

Figuring out the best use-cases

Blockchain is outspread across various industries and is slowly evolving into almost every major industry possible.

If you are simply intrigued by the idea of a blockchain business, but confused of which use-case it suits the best, opting for blockchain consulting services is the way to go.

Blockchain consulting experts will have clear knowledge of blockchain’s use-case in each industry and the benefits and solutions it could offer to the industry.

Also they would be well acquainted with use-cases with the best blockchain ROI impact.

This would help you make informed decisions, and get a few steps closer to success, and high-revenue chances for your business. 

Comprehensive Guidance 

By hiring a team of well-experienced blockchain consultants, you could avail comprehensive blockchain business solutions such as, 

  • How to identify the right blockchain platform to commence your business. 
  • How to handle the blockchain nodes and hosting services 
  • Regarding the ownership of the blockchain network system
  • How to make transactions private 
  • Which is the better option, permissioned or public blockchain? 

These are the key benefits of why you should consider hiring blockchain consultants for your business and there are more to this.

Now to figure out the right team to partner with, below is a list of the mandatory blockchain consulting procedures you need to look for. 

Procedures involved with blockchain consulting 

Any trustable blockchain consulting services company should comprise of the following set of procedures, 

  • Ideation 

The team that you hire should understand the idea behind your blockchain project, analyze if the solution is suitable to the present market conditions and fit what the customers are looking for. The technical team should figure out the feasibility of the project and a robust plan to define your business goals. 

  • Assessment 

Once the goal is set, the team has to assess the state of technology for the project and compute the operational procedures. 

  • Definition 

The next step involves an exceeding amount of brainstorming, and defining the potential, loopholes involved in the business and how to  overcome them, and the ways to further upgrade/ improve the business,  not only for the present, but with a futuristic approach. 

  • Prototype 

Then, the company has to create a prototype of the project. The prototype should precisely represent how the end product will look. Any improvement should be analyzed and implemented to the prototype. 

  • Volume Testing 

Once the prototype is ready, and the necessary improvisations are made, it should be tested in live conditions. 

  • Integration 

Once the testing is complete, the blockchain application should be implemented into the new environment and should be closely monitored for any errors. 

  • Review 

Constant review of the performance of the application is necessary to further upgrade and improve to stay on top of the game over the wide-spread competitors. 

Since last year, the concept of blockchain technology has widely influenced businesses more than ever, and has captured the public’s eye.

Experts believe that blockchain being implemented and disrupting various industries is just around the corner.

They say that blockchain has all the potential to become the future of businesses, and revolutionize the traditional systems. 

With the rapidly-increasing demand for blockchain businesses, and the growing highly competitive scenario, you need to enter the market as quickly as possible, and gain some experience to survive and stand out from the crowd.

Therefore, conduct extensive research, choose the best, and the most experienced blockchain consulting services company to grasp every insight regarding your project, to become a market player, get ahead and stay ahead of the competition.