CryptoFuss

The casino and gambling industry are whetting the appetite of gaming enthusiasts. The gambling has gone through incredible changes at lightning speed, making it one of the most dynamic industries in the world. The alive casino wants to merge the world of the physical casino with that of online gambling. Blockchain is already known as a breakthrough technology, one that brought more hope for future to a number of industries in our daily lives and online gambling is not an exception. Every day, countless transactions are carried out between operators and users: transferring money to the account, receiving winnings or exchanging crypto currencies. Blockchain technology makes transactions faster and simpler; no banks or other third parties are involved in the process, and all transactions are transparent to every participant. As we see, it’s better for both operators and players. Winnings can’t be blocked or confiscated by banks, so players don’t need to wait to receive their money....

A digital wallet is an electronic device that is used for electronic transactions. This can include online purchases with a computer or a smartphone. A bank account can be linked to a digital wallet. Customers can include additional information like their driver’s license, shop card(s), health card, and other IDs stored on the phone. One of these credentials are usually needed to verify credit card transactions and can be passed to a merchant’s computer terminal wirelessly via near field communication (NFC). Digital wallets were originally made not just for purchases and other financial transactions but also to authenticate the person's credentials. A digital wallet in the context of cryptocurrencies is a digital wallet where private keys are stored for digital currencies like bitcoin. A digital wallet has both a software and information component. The software provides security and encryption for the personal information and for the actual transaction. Typically, digital wal...

Blockchain, as the underlying technology of crypto-currencies, has attracted significant attention. It has been adopted in numerous applications, such as smart grid and Internet-of-Things. However, there is a significant scalability barrier for blockchain, which limits its ability to support services with frequent transactions. On the other side, edge computing is introduced to extend the cloud resources and services to be distributed at the edge of the network, but currently faces challenges in its decentralized management and security. The integration of blockchain and edge computing into one system can enable reliable access and control of the network, storage and computation distributed at the edges, hence providing a large scale of network servers, data storage and validity computation near the end in a secure manner. Despite the prospect of integrated blockchain and edge computing systems, its scalability enhancement, self organization, functions integration, resource managem...

The influx of people into the cryptocurrency market has made an astronomical rise in the adoption of blockchain technology. Numerous supporters, investors from different field of professions and businesses around the world have embraced new technological innovation which has helped reshape the world. It’s helpful sometimes to step back from the nitty-gritty of individual cryptocurrencies to look at the big picture. Blockchain technology promises to change many old technological and financial paradigms due to its uniquely transparent, immutable, and distributed structure. These advantages can be classed into a few big categories. Tokenization is one of these; the blockchain has the ability to inject liquidity into previously illiquid or otherwise cumbersome markets. Tokenization is a process of issue, followed by the circulation of rights on tangible and intangible assets in the form of tokens issued via digital systems based on the blockchain. Since the token is a digital asset, i...

Blockchain technology represents the opportunity for a paradigm shift regarding the storage and use of your personal data, one that is able to remove central points of failure and empower individuals to control and monetize on their own data. A network drastically improves security over the underlying data. In addition, by preventing any single entity from controlling the information, blockchain removes the ability for these entities to sell or monetize your personal data. Instead, transaction data could be encrypted using a unique digital signature of the user, opening up the potential for users to monetize by decrypting parts of their own transaction history and personal data for advertisers or brands. The hype of blockchain has reached unprecedented levels in the world and that makes it easy to lose sight of the potential benefits and weaknesses. Looked upon as one of the most disruptive technologies across industries, Blockchain most certainly has the potential to reduce costs,...