CryptoFuss

No matter what you think of Bitcoin and competing crytocurrencies, the blockchain is almost certainly here to stay. The technology behind Bitcoin, Ethereum and other popular cryptocurrencies are already changing the way the world does business, and those changes are only likely to accelerate in the years to come. Even if Bitcoin crashes and burns and the long-predicted bubble finally bursts, the demise of the cryptocurrency model should have only a limited impact on the blockchain itself. That is because the blockchain idea is backing up much more than virtual currency. If you believe in the promise of blockchain technology but are not ready to sink your money into Bitcoin, there are plenty of other, and potentially more profitable, ways to invest. There is a strong momentum around the blockchain technology which is harnessing all aspect of our lives to the crypto economy. The blockchain technology is gradually being accepted by nations of the world as they are beginning to underst...

P2P lending or social lending is one of the new and interesting opportunities made possible by the online financial platforms organizing the people worldwide. As opposed to the traditional lending and borrowing practice, this scheme is more direct. Traditionally such operations are done through the banks when people lend their money to the banks in the form of deposits, and get paid interest for allowing the bank to use their money for its operations. Banks, in turn, provide loans to businesses and individuals who need them, using those funds, accumulated from deposits. The difference between interest rates on deposits and loans provided by banks is significant, which allows the banks to cover their operational costs, support massive infrastructures, pay lucrative salaries to top managers, and at the same time maintain a sufficient level of bank liquidity. P2P lending, on the other hand, is by definition a decentralized system, where participants literally lend money to each...

Blockchain technology brought about by Bitcoin makes it possible for individuals and organizations to run a currency known as digital currency as an application on a network in a decentralized manner. This technology gives individuals the opportunity to create their own specialized cryptocurrency for laudable projects and also give other individuals the opportunity to key into such projects by purchasing tokens of projects that interest them. Individuals can mint cryptos and other individuals can own such cryptos by taking part in crowdsales and ICOS. But all these cryptos are useless without an exchange. An exchange is a platform that functions as a market place where cryptos are listed and cryptos users or holders are given the opportunity to exchange one crypto for another or convert their cryptos to fiat currency. There are many of such exchanges in existence but these exchanges are not devoid of challenges. Some of the challenges faced by some of the popular exchanges in existe...