The creators of Oduwa Coin have brought us their efficient digital payment ecosystem. Built on the foundation of hybrid blockchain POW/POS, Oduwa Coin is a cryptocurrency network that uses peer-to-peer technology to settle the transactions within its platform and eliminate the transaction fees between the OWC users.
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Already accepting crypto? Great! You’re ready to attract new customers With all the attention now on cryptocurrencies, the middle of February brought some coins to new heights. The Ethereum price went up to $1,900, while Bitcoin soared to another ATH of $51,000 on February 18th. There’s also been a growing interest in stablecoins with central banks exploring ways to integrate them into the existing financial system. If you already accept crypto payments, then you’re on the right track. Now it’s time to market your products and services to a wider…
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Precious metals veteran David Morgan comments On February 1st, as the trading session opened for the week, the price of silver rose to an eight-year high above $30 an ounce. In the weekend preceding the price action, David Morgan, publisher of the Morgan Report, told his Twitter followers that silver dealers were experiencing demand like never before. The precious metals aficionado has decades of industry experience and has seen it all: from silver’s highest price near $48 an ounce, to its most dramatic bear market ever. We spoke with him…
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Palmer’s Twitter account has since been deleted and Markus is no longer affiliated with the project. Still, the movement has gained traction since its inception over seven years ago. In the late hours on the eve of February, #dogecoinarmy climbed to the number-one trending hashtag on Twitter in the United States. We’re here to break down the dogecoin frenzy, tracing it back to its roots, and tracking notable developments since its early origins. Doge: Yes, like the meme Self-proclaimed “the internet currency,” dogecoin, pronounced dohj-koyn, was dubbed after the meme…
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As a result, 2021 is shaping up to be the year we witness governments and financial institutions discard their resistance to changing the status quo and instead commit to the digital evolution of payments. However, for there to be widespread acceptance of novice currencies, we must overcome the primary hurdle of convincing people that they are more secure than most think. This is where blockchain technology steps in to provide skeptics with more reassurance. Digital coins have provided investors with opportunities of generating exponential returns as well as alternative investment…
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The first nationwide CBDC was issued in the Bahamas late last year: the sand dollar is a digital version of the Bahamanian dollar, the first virtual currency of its kind. However, the Bahamas is by no means a pioneer of the concept. The People’s Bank of China has been exploring the advancement of its own digital currency for almost a decade and is expected to launch its digital yuan in the next two years. The European Central Bank has also been investigating potential avenues for the distribution of a digital…
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Gold has served as money for thousands of years, but in the relatively young history of the modern financial system, it has assumed the role of a strategic asset that investors can turn to in times of crisis. Its allure is mostly rooted in its stability, mainly as it functions as a hedge against rising inflation and economic instability. However, as of late, cryptocurrencies like Bitcoin seem to be filling a similar role. Investors have cited Bitcoin’s decentralized quality as a positive model to protect against the challenging nature of…
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The current scenario of Ecommerce and crypto payments Statista data predicted that 72% of Ecommerce sales will take place on a mobile device by 2021, which highlights the importance of a better global payment mechanism. Another report stated that there has been a 700% surge in the number of businesses accepting bitcoin payments since 2013. Foresight Business predicts the North American virtual currency market alone will reach $1.8 billion by 2027 from $250 million in 2019. Why Ecommerce has embraced crypto payments The Ecommerce industry was quick to identify the…
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However, for the Ethereum blockchain to be successful globally, it needs to coordinate with the transaction throughput (the number of transactions per second) of many incorporated frameworks that it is required to support. As it currently stands, Ethereum may be a great solution, but it is far from being perfect. The Need for an Ethereum Upgrade One can say that the growing popularity of Ethereum resulted in the dominance of this public blockchain in the world of Decentralised Finance (DeFi). With a widely adopted native currency and its easy-to-develop smart…
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