The third Bitcoin halving took place in May 2020. But before we delve into the cryptos to buy after the last halving, let’s understand why crypto assets have a bright future as an investment.
Traditionally, Bitcoin halving is associated with bullish trends witnessed across the entire crypto space. Crypto prices, like other commodities, are determined by the market forces of supply and demand. If the supply dips while the demand remains constant, then prices should increase. more
Blockchain’s role in the fight against COVID-19 comes down largely to it being a powerful tool for data management. In short, by drastically improving data management, blockchain offers huge potential for dealing with COVID-19 and the litany of crises both directly and indirectly associated with it.
On the one hand, data is key in the fight against COVID-19 and the crises surrounding and exacerbated by it. We need more data to effectively contract trace. We need more data to track the spread of the virus and its effects on various populations. We need more data to determine the efficacy of potential treatments. We need more data to improve supply chain resilience and to track sensitive items like personal protective equipment and medicines in order to ensure their quality and authenticity. more
Using Bitcoin to pay for purchases—how’s that for an idea? Somewhere, in all the noise about price movements, ideological differences and the race to find the most novel use case, we forgot that Bitcoin is suppose to be a digital electronic cash system. But even though it could one day be possible to have the entire internet running on the blockchain, it’s important to remember that you can actually use Bitcoin to send and receive money, and make purchases.
Even the payments use case is more complicated now. It’s not just about walking into a store and scanning a QR code with your phone. Bitcoin, at least since Bitcoin SV (BSV) developers restored its original protocol rules, once again enables low-fee micropayments to create an entirely new digital economy. A new breed of “wallets” is emerging that connect to novel online content and gaming platforms that actually make money for their users. more
Belarus’ central bank will allow 12 commercial and state-owned banks to launch tokens and conduct business using their digital offerings in an ambitious new pilot. The central National Bank’s plans, per Sputnik Belarus, will involve a pilot that will run from January 1, 2021, to January 1, 2024 – after which the initiative may be extended further or legalized for wider use within the country. more