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Showing posts from April, 2018

The Beginning Of Crypto Revolution

“With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless.”                                                                                                        - Satoshi Nakamoto The Bitcoin whitepaper, Bitcoin: A Peer-to-Peer Electronic Cash System, was published in 2008 by Satoshi Nakamoto. Bitcoin is revolutionizing the global payments industry and people around the world are rethinking the meaning of their money. Moreover, the underlying technology and network that process Bitcoin transactions, known as blockchain, is transforming industries as varied as banking, farming, logistics, healthcare, elections and manufacturing, to name a few. Bitcoin creator, Satoshi Nakamoto discusses the web’s reliance on trusted third parties such as banks and credit card companies to process electronic payments. The traditional method may work for most transactions but problems do occur whe