Author: Daniel Dob

Iran Is Preparing for Digital Currency Adoption

While there are countries strongly against the use of digital currencies, others are preparing their infrastructures for a smooth adoption. An example of the latter approach is Iran, which, according to its Deputy Minister of Information and Communication Technology, is preparing for mass adoption of cryptocurrencies. In a recent press statement, Amir Hossein Davaee noted: The ministry of communications and information technology has already conducted a number of research studies as part of efforts to …
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Cyprus’s Financial Regulator to Introduce Blockchain-Based Payment System

Following thorough research into what blockchains are capable of, financial institutions throughout the world have started offering blockchain-based services to the public. Recent reports indicate that the Cyprus Securities and Exchange Commission (Cysec) is planning to introduce distributed ledger technology to its electronic payment system. Cysec partners with BARAC At this time, Cysec is actively exploring the benefits of blockchain technology. As a member of the European Securities and Markets Authority, it’s also …
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How to Diversify Your Digital Currency Portfolio

When it comes to making digital currency investments, it is essential to strike the perfect balance within your crypto portfolio, as this will help maximize potential investment yield while also minimizing possible losses. This is often accomplished by diversifying one’s portfolio, as investing in multiple digital currencies increases the odds of striking gold with any one of them, while also reducing the amount that you’re bound to lose when a coin drops in value considerably. When …
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How Provably Fair Gambling Protocols Work

Over the last couple of years, Bitcoin-based gambling has become more and more popular, with tons of online casinos now supporting the digital currency. One of the biggest advantages of bitcoin-based casinos is often the fact that they are provably fair. In this article, we will attempt to explain how the general provably fair protocol works, why it’s beneficial to players, and whether it is possible to cheat. What is provably …
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