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Generating a passive revenue stream with digital currency is something most people can only dream of these days. Openledger, the recently launched decentralized exchange, is planning to provide exactly that type of functionality. Danish Bitcoin and cryptocurrency exchange CCEDK is launching a new currency that offers holders a share in both current and future revenue streams.
Also read: Cubits Revolutionizes iGaming Industry With Hybrid Fiat/Bitcoin Solutions
Bringing blockchain technology to the mass market will be the best way to raise awareness of what can be achieved through innovation and collaboration. Finding Bitcoin’s “killer app” will be critical to take things to the next level, although market penetration is very difficult right now. Sharebits.io may be the answer to our prayers as they want to bring mass adoption to the world of cryptocurrency and blockchain technology.
Also read: iGaming and Bitcoin Are Two Peas In A Pod
It has been quite an interesting week for Bitcoin and fintech enthusiasts. In what may be the biggest headline of the week – which hasn’t received all that much attention – a decentralized FinTech Exchange platform was announced. OpenLedger is the name, and the goal is to let users convert bitcoin to smart coins that can be used within a completely decentralized system.
Make sure to read: Gaming Marketplace Giant G2A.COM Accepts Bitcoin
One of the most coined phrases in the past two years is whether or not we will ever discover “Bitcoin’s killer app”. Every major technological innovation has one “killer app” to gain mass adoption and mainstream adoption. In the case of Bitcoin, the search for this “killer app” is far from over. Yet there are some candidates wanting to claim that title right now.
A little while ago, Danish cryptocurrency exchange CCEDK announced the Bitcoin NanoCard. This project is made possible thanks to a strong partnership with other parties, including Bit-X, Cryptonomex, and BitShares. But what makes this Bitcoin NanoCard different from traditional prepaid and debit cards?
Bitcoin exchanges once again find themselves making headlines in mainstream media news over the past few days. As we have some to expect from our mainstream media colleagues, positive Bitcoin news is not worth reporting, but a bit of drama always sells more copies. Unfortunately for us Bitcoin enthusiasts, the mainstream media has had multiple feeding frenzies over what went down across some of the major digital currency exchanges this past weekend.
An interesting motion is set to pass in the world of NuBits, the digital currency which manages to keep its value around the US$1 mark at all times. While NuBits may not be as attractive to digital currency investors compared to other coins in existence, the project does bring price stability to a very volatile financial market. And by the looks of things, the Nu source code will be made publicly available very soon.
The Nu network is proving to be an interesting ground for cryptocurrency enthusiasts and investors. On the one side, you have NuBits, a very stable digital currency which is always hovering around the US$1 mark, proving to be an interesting concept for many enthusiasts. On the other hand, you have NuShares, a bit of a volatile “other side of the NU medallion”, which is of great interest to investors.
A few weeks ago, we published a small article about NuBits, which you can find here. At the end of that article, we mentioned there would be a more in-depth look following by the end of the week.Due to unforeseen circumstances, that article was delayed by several months. Today is the day on which we will look at the NuBits whitepaper, process map and FAQ.
A few days ago, we have taken a first glance at NuBits, a very stable cryptocurrency from a price point perspective. The Nu team has worked hard on this project, and continues supporting this currency with everything they have. But NuBits is not their only project, as they have also created NuShares.
In some ways, NuShares are the exact opposite of NuBits. Whereas NuBits is all about price stability at the US$1.00 mark, NuShares wants to offer something to the cryptocurrency speculators, as it can appreciate in value.
Every which way you look at it, 2014 has been a sad year for cryptocurrency in general. Not just because of BItcoin losing a lot of value (but remaining fairly stable for now), but there is blood in the altcoin street. On top of that, regulations are looming overhead, causing anxiety and confusion among digital currency enthusiasts. NuBits is one of those Bitcoin alternatives which displays some sense of price stability as well, yet hardly anyone has ever heard of them. So what are NuBits? Let’s find out together, shall we?
