Blockchain and Crypto Blog

Ivan on Tech Academy provides latest insights and reports about the blockchain industry.

decentralized finance defi nft nfts non-fungible tokens

Non-Fungible Tokens - Could NFTs Supercharge The DeFi Sector?

Written By Ivan on Tech

Oct 03, 2020

With some of the Yield Farming profits dropping and the most intense DeFi hysteria waning, another digital asset has been gaining traction that may be able to kickstart the blockchain space: namely, non-fungible tokens (NFTs). Non-fungible tokens could be the future of music and art, gaming, and even real estate. But, since the terms “fungible” and “non-fungible” can be somewhat confusing, let’s dig into what it all means.

Fungible Assets

Fungibility is a concept that applies to real-world assets and digital ones as well. Specifically, fungibility is an asset’s ability to hold a standardized value. So, a currency is a fungible asset because its value is equal and standardized. That means, a $10 bill, and a Bitcoin are both fungible assets. That’s because a $10 bill is worth the same as any other $10 bill. And it’s the same with one Bitcoin. There is no specific history in the life of either asset that will change its value with regards...

Continue Reading...
blockchain art blockchain in different sectors blockchain in music blockchain technology nfts non-fungible tokens

Blockchain in the Music and Art Industry

Written By Ivan on Tech

Oct 02, 2020

Blockchain is arguably starting to make it into the mainstream. The banking sector has embraced blockchain technology with open arms, and the logistics sector and even the administrative industry are beginning to follow suit. As such, people are now looking elsewhere for the next big thing. Some of the most interesting up and coming industries for blockchain use cases are the music and art sectors.

NFTs, or non-fungible tokens, have been rising to prominence in recent weeks, with many influencers and experts in the industry believing that the combination of blockchain with the art industry, and thanks to recent innovations, blockchain in the music industry could be a game-changer and a welcomer for mass adoption of crypto.

In this article, we will cover why blockchain technology has the capabilities of radically changing the global cultural and arts sector for the better while saving billions in fraudulent and counterfeit claims. The stereotypical anecdote of the starving artist may...

Continue Reading...
bitcoin bitcoin mining crypto mining proof of work what is bitcoin mining

Where Does Bitcoin Come From - Crypto Mining Explained

Written By Ivan on Tech

Oct 01, 2020

Most people in today's society have heard of either cryptocurrencies in general, or at least Bitcoin specifically. The crypto market keeps growing, and as of 2020, crypto awareness is arguably bigger than ever before. Along with this surge in public interest, people are also starting to open their eyes to the technology behind cryptocurrencies such as Bitcoin. The fundamental technology for cryptocurrencies is blockchain, and this is an essential cog in the crypto machine. 

However, even though there’s a large number of people aware of what Bitcoin is, there are still many people who do not know how Bitcoin works or where Bitcoin comes from. Put simply, the process of creating Bitcoin relies on something known as crypto mining, and in this article, we are taking a look at what Bitcoin mining is.

If you feel that you want to learn more about the crypto fundamentals, such as crypto mining, we highly encourage you to enroll in some of the courses available on Ivan on Tech...

Continue Reading...
bitcoin bitcoin adoption crypto felix weis how to travel the world with bitcoin how to travel the world with crypto travel with bitcoin travel with crypto

Guide: How to Travel the World with Crypto in 2020

Written By Ivan on Tech

Sep 30, 2020

Bitcoin and other cryptocurrencies are fundamentally about decentralized, global, financial independence and freedom, and the ability to have complete, full ownership of your assets. Bitcoin is a borderless, censorship-resistant digital currency and available to anyone across the globe with internet access. Consequently, crypto, at least in theory, lends itself well to being an asset class for international travelers or “digital nomads”.

As the growth rate of blockchain technology and crypto adoption increases, it makes sense with rising demand that we are seeing more ways than ever to spend and travel the world with crypto.

In this article, we will cover a range of different ways you can spend your crypto whilst traveling, why people choose to do so, and how moving into the $1 trillion travel sector is a big deal for the cryptocurrency industry.

In the case that this article happens to peak your appetite, be sure to check out Ivan on Tech Academy. Whether you are just...

Continue Reading...
blockchain can crypto end world poverty crypto crypto and banks crypto poverty cryptocurrency unbanked

Can Blockchain Technology and Crypto Help End World Poverty?

Written By Ivan on Tech

Sep 29, 2020

Global economic parity has been a hot subject for discussion during many years. With the rise of industry and technology, the rich have become insanely wealthy, while the wealth divide has never been bigger. Can crypto end world poverty? In this article, we’ll explore some of the fascinating ways that blockchain technology is being used to transform the lives of many people, while providing an even playing field for economic parity.

In the current economic state, following the onset of the COVID-19 coronavirus pandemic, many people are facing financial difficulties. Currency instability, capital controls, and an outdated cross-border payment system are incredibly difficult both for people and businesses across the world.

With wealth inequality growing at an alarming rate, can crypto end world poverty and provide a sustainable economy for struggling nations? In this article we’ll take a look at some of the ways that cryptocurrency can change the way we create...

Continue Reading...
decentralized finance defi dune analytics on-chain on-chain analysis for defi

DeFi Deep Dive - Exploring Dune Analytics

Written By Ivan on Tech

Sep 28, 2020

On-chain analysis is one of the most interesting emerging fields in crypto. Moreover, while there are many firms offering blockchain data analysis today, there are a few things that make Dune Analytics unique.

First off, Dune Analytics’s data is open and community-driven. But what separates Dune Analytics from the rest of the other on-chain analytics platforms is its focus on decentralized finance (DeFi). 

If you’ve ever used on-chain analytics, then you’re familiar with having to wait for the company to choose which projects they will prepare data for. With Dune Analytics, however, you can build your own data sets. You can do this by running simple or complex queries of on-chain data through the Dune editor. This not only means more freedom of choice but also faster, and more up-to-date information than what the “closed” platforms can offer.

What is On-chain Analysis?

On-chain analysis helps users enhance their trading strategies. If you’ve...

Continue Reading...
blockchain blockchain scaling ethereum 2.0 layer-2 scaling

Exploring Blockchain Scaling Solutions in 2020

Written By Ivan on Tech

Sep 27, 2020

The growth of Ethereum over recent years has propelled blockchain technology beyond what many thought was possible. As the crypto community eagerly awaits the seemingly ever-delayed Ethereum 2.0 upgrade, many are wondering, could Layer-2 solutions provide the sustainable growth and scaling of the network that is needed?

Successful implementation of Ethereum’s Layer-2 solutions can be said to be important  both for the security and overall success of the network, but also the mass adoption of cryptocurrency and blockchain technology. Specifically, scaling solutions are imperative for increased network activity. 

Proponents of Ethereum would say that Ethereum is at the forefront of various fields such as payments technology, financial infrastructure, and global enterprise, but with network congestion and gas fees at all-time highs, scaling solutions are highly sought after, as the demand for Ethereum usage far exceeds the capacity of the network.

In this article,...

Continue Reading...
ampleforth decentralized finance defi what is ampleforth

DeFi Deep Dive - What is Ampleforth?

Written By Ivan on Tech

Sep 26, 2020

If you stumbled across Ampleforth’s native token, AMPL, whilst perusing A site such CoinGecko, you might have dismissed it as just another DeFi token. Maybe you thought it was another one of those governance tokens that granted voting rights. Or maybe you’d heard about it and assumed it was some over-hyped accounting trick. However, this article breaks down all there is to know about Ampleforth.

Yes, AMPL is another ERC-20 token that operates on top of the Ethereum. But if you dig a bit deeper, you’ll find it is unique in the DeFi space. Whether it’s worth investing in or not is a different story. But it is certainly a ground-breaking protocol worth looking into.

 Ampleforth is different in that it changes its supply of AMPL tokens daily. That’s right, the supply of AMPL tokens automatically adjusts in response to demand. That means your wallet’s supply of AMPL tokens can change each day.  This happens because the Ampleforth protocol has...

Continue Reading...
bitcoin crypto institutional investment crypto institutional investment in bitcoin

Institutional Companies Investing in Bitcoin and Exploring Crypto

Written By Ivan on Tech

Sep 25, 2020

Bitcoin is without a doubt making a big splash in institutional investment circles. Specifically, news stories are pouring out daily about institutional investment firms and regulators enacting new policies and partnerships to assist in the process of blockchain technology integration into their businesses and crypto adoption.

However, this has not always been the case. Rather, institutional investors were initially reluctant to embrace crypto. There have been several large companies such as PayPal, Grayscale, and Visa - just to name a few - that in the past years have publicly stated their disliking, or misunderstanding of Bitcoin, and written it off as a scam. These companies, amongst others, have since been quietly working in the background to invest with hopes to regain first-mover advantages, before publicly stating they are now investing or partnering with cryptocurrency projects.

Blockchain in enterprise and growing institutional adoption of Bitcoin is a significant step...

Continue Reading...
nft non-fungible tokens rari rari token rarible what is rarible

What is Rarible - The Ultimate Guide to Rarible and RARI

Written By Ivan on Tech

Sep 24, 2020

If you are an avid follower of the crypto and altcoin market, odds are you have heard of Rarible. Rarible brands itself as the world’s first “community-owned NFT marketplace”. Furthermore, Rarible leverages its RARI token - which, similarly, is the world’s first governance token in the NFT field - to power this community-run platform model. In giving users a token with governance powers, Rarible is borrowing a page from the DeFi playbook. Now it remains to be seen whether this strategy will work in the NFT space as well.  

Furthermore, those keeping an eye on the price charts will likely know Rarible as the RARI token price has shot up nearly tenfold during the past two months. As always, violent price swings are not necessarily indicative of crypto projects with a lot of potential. 

Hype, FOMO or even outright price manipulation are always something traders should keep in mind. Moreover, this article should only be seen as educational material...

Continue Reading...
Close

Get our Free Ebook

Enter your email and we will send it to you!