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Showing posts from September, 2018

CRYPTO SOUK: ENHANCING CENTRALIZED CURRENCY EXCHANGE IN THE MIDDLE EAST

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A Cryptocurrency is an encrypted decentralized digital currency designed to work as a medium of exchange wherever it is accepted. It runs on the blockchain technology — A public ledger that of all financial transactions that has ever happened within a network. Cryptocurrency trading involves buying and selling of coins, exchanging fiat currency into cryptocurrency and exchange of one cryptocurrency for another. With a market cap of around half trillion dollars, the cryptocurrency market seems to be growing every day. There is a great influx of people into the market on a daily basis such that most cryptocurrency exchange platforms periodically disable the trading account creation feature to regulate the number of customers. This is a mind-boggling accomplishment, considering the fact that the market is less than a decade old. Despite these tremendous growths, cryptocurrency trading is still plagued by a number of challenges that arise from a variety of reasons. Trading wi...

KUBITX: UTILIZING THE BLOCKCHAIN AND CRYPTOCURRENCY TO PROVIDE ACCESS TO FINANCIAL SERVICES GLOBALLY

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INTRODUCTION Approximately 2 billion people worldwide are unbanked – do not have bank accounts – and yet cash transaction represent about 95% of all transactions in some countries. The World Bank estimates that a third of these 2 billion unbanked people are from Sub-Saharan Africa. It is however pertinent to note that a large number of these unbanked people posses smart phones, which provide them with a means to keep a digital wallet and store currencies. Since the rate of adoption of the Cryptocurrency worldwide is still less than 3%, there is still a lot more room for growth. Cryptocurrency has received much attention globally in recent times and is the perfect way to bring financial services to everyone regardless of location or income. cryptocurrencies offers solution to people who do not have access to good local banks . Sub-Saharan Africa despite its challenges has a huge market with great potentials. KuBitX aims to educate and create awareness of the cryptocurrencies by h...

BITBOSE; A DECENTRALIZED CRYPTO BANKING SYSTEM THROUGH ARTIFCIAL INTELLIGENCE AND BLOCKCHAIN TECHNOLOGY

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INTRODUCTION The BITBOSE is a major project that aims to revolution the banking system through AI (Artificial Intelligence) and the Blockchain technology. To achieve this groundbreaking project, the BITBOSE ICO sale is intended to raise funds to create a platform for seamless core banking system. This platform will enable users to deposit funds, get cryptocurrency loans, buy and sell cryptocurrencies on the BITBOSE exchange platform and also carry out a Trade Smart with the aid of algorithmic trading. As you go through this article you will find essential details about the BITBOSE ICO sales and how this great project intend to disrupt the traditional banking system. The traditional banking system as we all know, run on a centralized system of operation which has caused more harm than good to the depositor and investors. The system is highly open which gives room for high profile bankers and government to manipulates figures and exchange rates,etc which we experienced in the 2008...