Blockchain is rightly considered as revolutionary technology for the modern economy. But how does this solution apply to developing countries? Not so long ago, we mentioned Akon’s initiative to bring blockchain to Africa and use it to help the continent in technological development. Today, we take a closer look at the possibilities that blockchain might bring to developing countries. How can it help with various issues – both social and economical – which those nations face? Blockchain democracy The first usage in which blockchain technology can improve the situation of developing cou ..read more

March has already begun, but it is still worth it to take a look at the summary of the last week of the previous month. The previous episode of Weekly Update brought you closer some updates about the Binance and a surprising story of CoronaCoin. What interesting happened at the end of the month? Red charts The end of February wasn’t favorable for the Bitcoin. The leading cryptocurrency (according to the market capitalization) noted a significant fall after the fantastic performance in the first weeks of 2020 when it achieved an impressive value above $10,000 for one coin. Now, Bitcoin ..read more

Being a football enthusiast is one thing. But what about owning shares in your favorite club? Apparently, blockchain may make such dreams reality.  Today’s case was previously mentioned in the last Weekly Update – but it is interesting enough for a separate article. After all, not every day, we can witness the situation in which an institution not-related to the blockchain industry is bought by a cryptocurrency-based entity. Unexpected transaction Our story begins with Perth Glory, an Australian football team. As we learned last week, it is going to be acquired by the London Football ..read more

Social media has become a major factor in modern society. What is the relation between them and the cryptocurrency world? In 2018, this topic became popular due to the announcement of Facebook‘s own stablecoin, Libra, causing a lot of controversies. However, the relation between cryptocurrencies and social media goes beyond Zuckerberg’s approach to the fintech world. Facebook: the great unknown We have written enough about Libra on BlockChain24.co since the announcement of this cryptocurrency in the middle of 2018. And even if Facebook’s recent approach to cryptocurrency is most often ..read more

Cryptocurrencies are excellent for sports betting. The only hitch is to use them safely. Cryptocurrencies have entered into many areas of our lives. The potential of decentralized money is tremendous, and its utilization may lead to many improvements in payment systems. They also apply in the broadly understood gambling industry, especially in sports betting. Bet on crypto People have been betting on results for centuries. This popular branch of gambling is a natural element of our culture. Since more sports rely on rivalry and competition, people think it’s a good idea to bet on thei ..read more

The new week has begun – so as usual, it is time to summarize the last seven days in the blockchain industry. The previous week was pretty successful for the blockchain industry: the Bitcoin’s price reached $10,000, and we witnessed the historical milestone of half a billionth transaction. Australia: National blockchain roadmap This week, we have two interesting news from the smallest continent on Earth. The first one concerns the local government’s approach to the blockchain technology. The Australian Ministry for Industry, Science, Energy, and Resources has prepared a roadmap of nat ..read more

Cryptocurrencies seem to fit into the USA perfectly – yet the country appears to be reluctant to the idea of decentralized money.  The topic of cryptocurrency utilization in the United States is constantly recurring on many occasions. Despite being the leader in new technologies and the birthplace of many high tech companies, decentralized money is still a debatable matter in this country. Last year was exceptionally hard for crypto in that matter, because of the ongoing legal fight with Facebook’s stablecoin, Libra. We got used to the situation when the American market is an inhospitable g ..read more

Among various crypto implementations, online gambling is a very popular one. Which crypto casinos are worth following in 2020? The world of cryptocurrencies may come together well with the gambling industry, and online casinos are one of the most popular blockchain implementations. We know about many gambling enthusiasts among our readers since you are frequently asking us for updates on that field. That’s why we are doing our best to keep an eye on this industry.  In crypto we trust! Last year only confirmed our belief that cryptocurrencies and online gambling come together very well ..read more

This was a generous week for Bitcoin and an exciting time for the industry. Check the last updates from the crypto world! Back in the last Weekly Update, we have commented about the blockchain industry’s reaction for the Brexit and some news concerning famous crypto-related lawsuits. Let’s see what stories this week has brought. $10,000 achieved First, let’s start with a price update. Bitcoin managed to reach the cap of $10,000 per coin, proving that the current bull run is a serious business. Since the beginning of the year, the leading cryptocurrency performed very well. There are v ..read more