Bitcoin rose from unknown to mainstream recognition largely thanks the incredulous surge in value it saw in 2017. But then the price went down, sparking yet another heated discussion about the volatile unpredictability of the bitcoin.
Nowadays, discussions are all at their all time hype, but worth just as long as the participants know what they are talking about; and the audience has at least some grasp of the matter. But it rarely happens, as the vast majority of experts are as clueless about the intricacies of the crypto markets as is the general audience.
The infographic below, provided by our friends at BitcoinPlay, will not make us all marketing gurus but will give you a much better understanding about the driving forces behind the world’s first cryptocurrency, how it came to be, who embraced it first and how countries are handling it.
Here’s a selection of our favourite ones:
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Scrolling through this brief and meaningful infographic, provided by our fellows from Maryville University, we can get a glance of the immense and still unexploited potential of blockchain technology in Traditional Business contexts. One for all, Accounting.
Indeed the blockchain creates a decentralized ledger of all transactions where all records are updates and accessible to everyone in real-time.
And as everyone can perceive, this is a paradigm shift when it comes to subject like accounting.
This technology completely changes how monetary transaction are made, logged and given accessibility to. So its value for the Future of accounting is absolutely undeniable.
Some of the greatest possibilities which the blockchain empowers are:
1 smart contracting
2 consolidated bookkeeping
3 standardization in auditing
4 Security and Trust
5 Less Paperwork for accountant
Today, blockchain technologies outside of cryptocurrency and digitalized accounting systems are still in their infancy. And the best course of action for a smart professional is to brace for disruption and stay ahed of digital trends.
We are all witnesses in this era of revolution. But witnessing is not what counts.
Infographic from Maryville University Online Bachelor of Accounting Program
Open your free digital wallet here to store your cryptocurrencies in a safe place.
Do you want to open a Creativecoin wallet?
You are in the right place, as we at HolyTransaction decided to add this cryptocurrency among the 17 crypto available on our multicurrency wallet.
So, from now on you can store Creativecoin on Holytransaction, transfer them to any other wallet, and make crypto-to-crypto transfers from/to Creativecoin, and ten more cryptocurrency’s networks.
All HolyTransaction customers can create a new address for their own CREA Wallet and use the user-friendly HolyTransaction Wallet platform to send and receive transactions or to instantly convert them to any other cryptocurrency we currently support.
Just like Bitcoin and all the other supported digital currencies, you can now:
If you are not able to see your newest Creativecoin Wallet, you just need to click on the “plus” button on the top right of the balance page, once you successfully login into your own wallet.
Creativechain has created its own coin called Creativecoin (CREA), the first cryptocurrency designed to meet the needs of all creative communities that produce and distribute digital content.
Creativechain is a decentralized platform for the registration and distribution of multimedia content that proves in an indelible way the authorship and license of any work or creation.
Imagine a social network of content exchange like Facebook, Spotify or Youtube totally decentralized, without managers or intermediaries, without censorship and with its own P2P system of electronic money based on its own cryptocurrency.
The technological innovative proposal of this platform also directly challenges the centralized power of traditional systems of copyright management entities.
The platform applies the power of attorney of blockchain technology to create incorruptible timestamps that certify the authorship of any digital work such as photos, videos, films, texts, electronic books, software or any digitizable file. Creativechain is presented as a public and transparent alternative of intellectual property registration according to the new times, in which there are so much cultural production circulating on the internet.
Blockchain technology opens up a universe of possibilities for the registration and distribution of intellectual property without intermediaries. The power of attorney along with the decentralized p2p distribution of digital content create a new paradigm shift in the era of digital culture.
So, do you want to open your CREA wallet? Click here.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
In July, Visa revealed a micropayments trial and a project to extend the reach of traditional payments.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
About the author: Amelia Tomasicchio is a writer and a journalist of Bitcoin-related news and articles. She started writing about Bitcoin in 2014 and she graduated in Rome with an essay about movie industry related to Bitcoin.
Open your free digital wallet here to store your cryptocurrencies in a safe place.