Blockchain and Crypto Blog

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Baseline - What is the Baseline Protocol?

Written By Ivan on Tech

Oct 06, 2020

What do organizations like EY, Microsoft, Coca-Cola, AMD, Duke University, and many others have in common with revolutionizing business processes? The short answer is Baseline Protocol, a set of techniques allowing companies to leverage blockchain technology in revamping their business processes. Let’s dive in!  

A long list of global enterprises is currently looking to adopt blockchain technology. Nevertheless, this can be hard to do efficiently, seeing as companies often rely on established business processes and existing solutions. Now, Baseline Protocol looks to solve both this and the lack of interoperability between business process systems in one fell swoop. So, why is this important?

Not only can enterprises struggle with coordinating their own internal business process systems, organizing cooperation, and information synchronization between different company entities is also arduous, especially doing it safely and confidentially.

Traditional, mostly...

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Guide: Different Ways To Get Your Hands on Crypto

Written By Ivan on Tech

Oct 05, 2020

The cryptocurrency space is as popular as ever, and there are many people out there who want to join the world of crypto. As many of you will know, the growth of the crypto market over the last decade has been staggering. The price of cryptocurrencies such as Bitcoin and Ethereum has increased by thousands of percent since their inception, but a lot of people still do not know how to get into crypto, or how to get their hands on crypto. This shows that the market still has great potential for growth. However, even though most people have heard about cryptocurrencies, they might not know precisely how to get crypto. 

Moreover, the cryptocurrency market - just like any market for financial assets - is in constant flux, and the prices of certain cryptocurrencies are volatile. The highly volatile nature of many cryptocurrencies means that there is inherently risk involved with investing in them. This can result in people not wanting to spend their hard-earned money on...

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Confidence in Crypto - Why Is It Surging?

Written By Ivan on Tech

Oct 04, 2020

As little as a decade ago, you might have been laughed at for bringing up Bitcoin as an asset class you had tremendous confidence in. You might have heard people asking “isn’t crypto a scam?”, dismissing it as something restricted for nefarious activity or cybercrime. In 2020, however, the picture is quite different. In fact, confidence in crypto has never been higher - and a lot of factors suggest it is set to keep rising. Moreover, with trust in traditional financial systems and fiat currencies at a low level, having confidence in crypto is no longer something merely for eccentrics.

In this article, we’ll take a look at how confidence in crypto is currently on the rise, and explore some of the recent blockchain integrations that are boosting market sentiment and bringing awareness to various benefits of blockchain technology.

After all, growing confidence in crypto is vital to greater cryptocurrency adoption. As such, it is clear that surging trust in...

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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...

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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...

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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...

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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...

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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...

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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...

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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,...

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