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Ten Years Of The World With Bitcoin Living in a crazy-crazy crypto world.
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:
- On May 22 2010 two Pizzas cost 10k bitcoins.
- In 2013 FBI made $48 million by selling on auction one seized 144,000 Bitcoins.
- 100$ invested in July 2010 is now 18.8 million.
- Since april 2017 Bitcoin is legal payment method in Japan.
- Blockchain ledger technology when used by top10 investment bank could save $8-$12 billions.
- Chinese Mining Pool control approximately 81% of the Bitcoin network’s collective hashrate.
- Overstock, Dell, Expedia, Dish and Microsoft accept Bitcoin payments.
- University of Nicosia, Cyprus was the first University to accept tuition to be paid in Bitcoin.
- Bitcoin is vat free in Switzerland.
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Ether price is reaching its all time highs
Ether price, or the digital currency that fuels the Ethereum blockchain, is approaching its all-time highs set last year.
In fact, price of ether rose of about 60% during last week, hitting $20.67 yesterday, after opening at $13 on February 25th.
Ether price and Ethereum Enterprise
This increase might be the result of the official launch of Enterprise Ethereum Alliance, a new working group focused on the Ethereum blockchain with important members including Microsoft, JP Morgan, Santader, etc.
This consortium has the main goal of using the ethereum tech within enterprise-grade blockchain implementations.
So this recent news may have led to the increase of confidence in the technology and in the linked digital currency.
Digital currencies are growing
Recently bitcoin price is also growing, reaching its all time highs, together with the altcoin called Dash.
Among the others, bitcoin is undoubtedly the most used and known with a robust trading volume and bullish market sentiment.
Bitcoin has risen to several new highs in recent days, after failing to set new higher levels for more than three years. Also, bitcoin hits parity with the per-ounce price of gold last week.
Dash has rose more than 75% in the last week and upwards of 200% over the last month. In fact, the previously called Darkcoin reached its all-time high of $58.90 on 2nd March.
Multicurrency wallet for differentiated investments
If you want to invest in all these three digital currencies, you need a multicurrency wallet to store bitcoin, dash and ether coins at the same time.
Normally, if you want to have store different cryptocurrencies, you need to have ten different wallets, which is difficult to manage. Instead, thanks to HolyTransaction you can solve this problem, unifying everything in a single account.
For more info and fees (HolyTransaction has a fixed-rate exchange) click here.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
WebJet Blockchain project for travel bookings
Microsoft is working on the newest Webjet Blockchain project to allow users booking travels through the distributed ledger.
Microsoft, in fact, is testing a blockchain proof-of-concept developed together with the Australian travel agency called Webjet for a pilot that will be ready during this year.
During a speech given at the CoinDesk’s annual conference titled Construct 2017, Cale Teeter and Eric Maino, or Microsoft senior software development engineer and technical architect, commented that they think that the project, which looking for make travel bookings easier by using a blockchain-based system, will reach its development status during the next few months.
“Webjet wanted to see, instead of everyone running their own proprietary systems, a system that connects companies they own. They’ve been running their real data through it and they’ve been finding interest discrepancies in the business, and they’re hoping to expand it out,” said Maino.
Revealed in November, the Webjet managing director John Guscic explained that the online booking system has become apt to be developed thanks to the several systems used for its business projects including the hotel room wholesaling.
“Between five and 10% of bookings can be impacted or, in other words, up to $10bn-worth of transactions,” Guscic explained in a previous statement.
Microsoft is not new to blockchain-based project. Earlier this year, in fact, the computer well-known company revealed its project called Manifest for tracking products worldwide. Read more by clicking here.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
Bitcoin in 2016: top news about the Blockchain
As the New Year’s Eve is coming, we decided to share with you the best moments of this year with an article about Bitcoin in 2016.
Involved in the best news about the distributed ledger technology, there are not only financial institutions and bank, but specially well-known companies related to countless sectors.
And his proves how the blockchain could be useful for a lots of use cases.
Microsoft and Bitcoin
For example, in 2016 Microsoft announced its involvement in blockchain projects related to security, identity management, and a tool for developers called Microsoft BaaS.
Also, the worldwide company decided to accept Bitcoin among its available methods of payment on its online shop.
IBM and Watson
IBM was another company who dedicated much effort in blockchain research and projects.
Earlier this year, IBM revealed its new blockchain cloud service for helping companies in developing and testing the distributed ledger.
Also, it announced its revolutionary project called Watson, that together with the distributed ledger are “two technologies that will rapidly change the way we live and work, and our clients in Asia Pacific are eager to lead the way in envisioning and creating that future,” explained Randy Walker, CEO at IBM for the Asian area.
Bitcoin in 2016: annual price high
Bitcoin in 2016 also reached its annual high; and as the year comes to the end, its price continues to test the $1,000 mark and it seeks to set a new three-year high.
HolyTransaction in News
You might now that our company had to face some issues earlier this year, but now we are strong than ever and we’re very happy to having developed a new virtual exchange platform called HolyTransaction Funding.
Thanks to this exchange you can buy and sell bitcoin worldwide with no registration required. This means you can instantly convert your digital currency into fiat currencies and vice versa, without sharing your personal data.
On HolyTransaction Trade you can also create a Bitcoin Virtual Credit Card to buy everything you want online.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
Japanese Blockchain Consortium is growing fast
A Japanese blockchain consortium grew very fast and now it includes more than 1 hundred members.
Membership of this Blockchain Collaborative Consortium (BCCC) grew since its creation back in April 2016.
BCCC memberhip includes Japan Microsoft, Infoteria, Mitsui Sumotomo Insurance, PwC, Bitbank, ConsenSys and more.
Also, the Japanese Blockchain Consortium announced that the 100th student from its Blockchain University program had successfully graduated – signal that the BCC’s plan to improve knowledge about the distributed ledger is succeeding.
In a blog post revealed today, the founder and CEO of Infoteria, Pina Hirano, explained that the Japanese Blockchain University is the only one of its kind within the country. He said:
“While the world related to FinTech and block chains is moving at a rapid pace, BCCC will add new members’ power and make activities more active so that domestic movements will not be delayed.”
Hirano suggested the total Japanese Blockchain consortium members are 109, but at the moment the BCCC website only lists 101, so maybe more members will be announced in the near future.
Japanese blockchain growth
During the last few months Japan has been characterized by its interest and study of the blockchain.
In November Ripple launched its own blockchain consortium with more than 40 banks with the goal of building a network to conduct cross-border payments.
Also, in December the Mizuho Financial Group, Inc., Sumitomo Mitsui Banking Corporation and other banks helped Deloitte Japan for a blockchain test and research about inter-bank payments.
Despite the test, Japan faced a shortage of blockchain developers, as reported by Reuters.
To solve this problem within the country, the BCCC graduated two classes of students with 8 courses each, including “practical training”, “foundation of blockchain technology” with lessons about the bitcoin blockchain. More classes will be added next month, but unfortunately this consotium blockchain class is only conducted in Japanese language.
To read more about Japan plans related to the blockchain, click here.
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Who are the new Hyperledger Blockchain Project members?
Hyperledger Blockchain members
Hyperledger Blockchain Project’s Goal
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Airbus joined Hyperledger Blockchain Project
Airbus joined Hyperledger Blockchain Project
Blockchain beyond finance
The Hyperledger Blockchain Project
Open your Bitcoin Wallet
Open your free digital wallet here to store your cryptocurrencies in a safe place.
IBM blockchain project for identity verification
IBM Blockchain for identity confirmations
Banks and blockchain applications
Universal Wallet for Cryptocurrencies
The blockchain is the technology behind the cryptocurrency called bitcoin. To store your bitcoins you need a safe and easy-to-use wallet.
Our innovative system allows you to store not only bitcoin but also several different kinds of digital currencies such as Ethereum, Dogecoin, Litecoin, Blackcoin and more.
To open your wallet for free, and to read more about the HolyTransaction wallet, click here.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
Why the Ethereum DAO collapse is good for the cryptocurrency
The news of the Ethereum DAO hacker attack is riding high and of course it brings lots of damages for the ethereum investors who stored about $150m of the cryptocurrency.
Ethereum DAO: what happened?
Universal Wallet
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White House Fintech Summit
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