Disrupting online payments with smart contracts.When Bitcoin made its entry in 2009, there were several tech minds speculating it to dominate the financial industry over the coming years. Some even predicted

Disrupting online payments with smart contracts.When Bitcoin made its entry in 2009, there were several tech minds speculating it to dominate the financial industry over the coming years. Some even predicted
Smart contracts, first coined in 1993 and introduced in the Ethereum blockchain, were speculated to do the same with banks. However, we’re still debating whether they can deliver on these expectations. Is it possible that smart contracts replace banks in the future?
Disrupting online payments with smart contracts.One of the primary motivations behind launching cryptocurrencies was to get rid of the centralized control of financial institutions. While cryptocurrencies have had some success in achieving that freedom, there are some...
Disrupting online payments with smart contracts.When Bitcoin made its entry in 2009, there were several tech minds speculating it to dominate the financial industry over the coming years. Some even predicted
Disrupting online payments with smart contracts.In recent news, you may have seen Warren Buffet, the famed investor and founder of Berkshire Hathaway dump a sizeable position in bank stocks. To replace those investments he established a position in Barrick Gold Corp.,...
Disrupting online payments with smart contracts.To gain a better understanding of why we’re discussing the potential for negative interest rates, we need to go back to 2008 and the GFC. This is when the housing crisis was in full swing and the Fed needed to bail banks...
Disrupting online payments with smart contracts.Digital currencies have taken center stage as of late. Offering many benefits that traditional money lacks, countries have taken a real look into the asset. With Bitcoin and others already operating, it makes sense the...
Disrupting online payments with smart contracts.Coronavirus is one of the biggest shocks of modern history. Not only is it destroying lives, but its economic aftermath is forcing millions of people out of their jobs across the world. In order to fend against the...
A stock market crash is one of the worst fears of any investor.
With the ongoing COVID-19 crisis, the stock markets around the world should, ideally, behave in-line with lower quarterly earnings and shrinking revenues.
Disrupting online payments with smart contracts.A stock market crash is one of the worst fears of any investor. With the ongoing COVID-19 crisis, the stock markets around the world should, ideally, behave in-line with lower quarterly earnings and shrinking revenues....
Disrupting online payments with smart contracts.Taxes are certain, just like death. We will always have to pay them, and no one enjoys doing so. However, thanks to how complex the tax code is there are loopholes and ways to minimize how much is paid. Look at...
Disrupting online payments with smart contracts.Understanding how to manage money is crucial for wealth building. People think it is impossible to become wealthy, it is not. However, it is understanding how the rich handle money versus how the wealthy handle money....
Disrupting online payments with smart contracts.Escrow, the only time you have likely heard that word is when purchasing your home. However, the term escrow and the services escrow offers are used quite frequently in business. Put simply, an escrow agent is a...
Digital currencies have taken center stage as of late. Offering many benefits that traditional money lacks, countries have taken a real look into the asset. With Bitcoin and others already operating, it makes sense the conversation naturally progresses in that direction.
Quantitative easing is a financial instrument through which central banks pump money into the economy. These financial institutions purchase long-term securities from the markets, thereby boosting the supply of money within the economy.
Over the last year we have heard about the Fed more than we care to admit. The reason for their large presence is the Fed dictates money and interest rates. With the pandemic, they were called upon to help support a slowed economy…
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