What’s surprising is that despite the severe turbulence caused by Coronavirus in the financial sector, people’s interest in investing in digital assets is increasing at a new pace.
In recent years, Blockchain technology has been a hot topic in most prominent platforms and among office groups. With plenty of critics, blockchain and blockchain development is gaining a vast amount of popularity every day. As of now, many different industries started using blockchain. Such as manufacturing, media, finance, banking, telecommunication, real estate, healthcare, and energy. Also, even the government sector is looking for unique blockchain development services.
In a world as changing as today, we are in presence of many more options in which we can invest and put our money to work. Of course, traditional options are still the safest, and in most cases, the most profitable ones. But over time, the world has witnessed a huge globalization process, managing to innovate basically all kinds of industries, and the investment world has not been left behind.
Everyone wants to save on their gains be it with fiat currency or cryptocurrency. But with the tax liabilities, it becomes quite difficult for the bitcoin holders to save on the profit they had earned from the BTC investment. The taxation on the bitcoin cryptocurrency varies largely from one country to the other. On the contrary, there are specific countries that do not impose any taxation on the bitcoin gains and are thus known as bitcoin tax free countries.
Remember tokenized securities or securitization with tokens on blockchain?
With the entire year in crypto defined by a maelstrom of projects embarking on decentralized finance (DeFi) aspects to their products, it can be easy to forget that previous advancements in blockchain-based technologies have continued to make great headway in terms of adoption and application.
What is BlockFi?
BlockFi is an American company based in New Jersey launched in 2017, and funded by players like ConsenSys Venture or Galaxy Digital. A major player therefore, far from other DeFi projects such as Uniswap, which is developed by a computer science student.
The alluring idea of a universal currency has certainly been around much longer than the euro, but it is only recently that we have witnessed the birth of a real prototype: Bitcoin. However, many questions arise. Can Bitcoin Be A Global Currency? What about other crypto-assets? On what criteria to judge crypto-currencies? Or, what will their future be?
Binance, the leader of exchanges
Founded in July 2017 by Changpeng Zhao, the platform quickly established itself among the best crypto buying and trading platforms in the world during the famous bull-run of 2017.
Bitcoin launched first and gave us new perspectives on payments and trading. But stablecoin slowly entered the mStablecoin developmentarketplace with the primary motto of boosting cross-border payments and remittance. Stablecoins first emerged in 2018. But now, it has become the focal point for discussion of several international bodies.