Crypto enthusiasm — fanatics vs pracmatics Cryptocurrencies and their following have caused quite a stir in the financial world in recent years. There is a fervent enthusiasm surrounding this new financial asset class, resembling fandom as we might know it from the sports or gaming worlds. “All technology goes through hype cycles.”[1] The crypto world is taking this phenomenon to new extremes, so that some even refer to it as a religion or a cult. Since the inception of cryptocurrencies, we have witnessed a passionate following of individuals who ardently advocate for their preferred coi ..read more

We recently explored the question of whether the crypto world should be considered a religion. We have come to the conclusion that what truly matters is whether the crypto community is a supportive network or a toxic environment. In this article, we will address the root causes of trust issues in the crypto world and discuss who is reponsible for fixing them. Our goal is to trasnform this community into a supportive and educational network for all crypto enthusiasts. Trust issues in the crypto world There are two major factors that contribute to trust issues in the crypto world: 1 ..read more

Boosting the crypto industry with a legal framework cage In recent years, the rise of cryptocurrencies has disrupted the traditional financial system and sparked intense debates about their anarchistic nature. Many proponents of cryptocurrency view it as a tool for decentralization, freedom, and autonomy, while critics argue that it undermines governments and the stability of financial markets. In this article, we will explore the anarchistic nature of crypto and examine if a cage in the form of a regulatory framework is expected to boost or stifle the growth of this industry. Anarchism is de ..read more

Islam is the second largest religion worldwide and the 1.8 billion followers[1] are loyal to their beliefs but also don’t want to miss out on the opportunities and developments of the modern financial world. We have taken a closer look at predominantly Muslim countries in the Middle East to gauge the current state of crypto-friendliness, despite the ongoing haram-halal debate among Islam scholars. Let’s start with the Kingdom of Saudi Arabia (KSA). A study by KuCoin[2] recently analyzed the crypto inclination of the Kingdom and discovered surprising results. Among a population of nearly 36 mi ..read more

The Muslim Crypto Community worldwide: halal or haram — a never-ending debate Ever since the launch of Bitcoin in 2009[1], there is confusion whether crypto should be considered halal or haram — in line with the Islamic faith or deemed harmful. The debate is complex and multifaceted. Across the globe, notably in Malysia, Indonesia, Thailand, Bahrain, Egypt, Turkey, UK, and North America[2], Islamic scholars are interpreting the ancient writings of the Quran to judge if cryptocurrencies in general or Bitcoin in specific are compliant with Islam. “There is no central authority in Islam who can ..read more

what’s the safer option — cash or digital currencies ? A recent poll on our Twitter channel showed that people have more trust in cash then they have in digital currencies; and this despite Twitter being a major channel for the crypto community and younger generations: SALAMANTEX Twitter poll results We wanted to find out if this trust gap is justified and cash really is safer than digital currencies. Let’s start by discussing some of the disadvantages that come with digital currencies, such as cryptocurrencies: Fraud, Scams, and Money Laundering Digital currencies currently have a ..read more

Krypto & Blockchain — wer sagt mir wie es funktioniert? Als trendiges Buzz-Wort ist die Digitalisierung in aller Munde, auch im Bereich des Bezahlens treten digitale Währungen so wie Kryptowährungen oder die heiß diskutierten CBDCs (digitale Zentralbankwährungen, wie ein digitaler Euro oder Dollar) immer mehr in den Vordergrund. Es ist zu erwarten, dass die Digitalisierung schon bald das Bezahlen (r)evolutioieren wird. Doch wer trägt die Verantwortung dafür unsere Gesellschaft für diesen Wandel vorzubereiten und weiterzubilden. Als Blockchain-basiertes Unternehmen widmen wir uns dieser Fr ..read more

Financial savviness — who is responsible to teach our society ? Latest by the middle of the pandemic, digitalization was on everyone’s agenda. In the payment sector, digital currencies and the globally discussed CBDCs (central bank digital currencies, such as a digital Euro or Dollar) have become more and more central topics. We are expecting for the digitalization to (r)evolutionize the payment as we know it. This leads to the question of who is in charge of preparing and educating our society for this transformation. As a blockchain-based company, we have made an assessment and want to ..read more

Surfing not on but ahead of the wave — how Blockchain technology puts you ahead of the curve Like a tsunami, technological progress crashes over the retail industry and leaves its mark of modernization behind. In eCommerce as much as in brick-and-mortar retail, we could not do without without digital helpers nowadays: from flashing advertisements of discounts, filling and dispatch robots, and automatic and self-checkouts. Behind the scenes a lot has been happening, too. So let’s tackle how blockchain technology in particular facilitated a (r)evolution in payments. Today, we are facing an ..read more

Nicht auf, sondern vor der Welle schwimmen — dem technologischen Fortschritt einen Schritt voraus dank Blockchain-Technologie Wie ein Tsunami prescht der technologische Fortschritt derzeit über den Handel hinweg und hinterlässt zahlreiche Spuren der Modernisierung. Sowohl im Online-Handel als auch im stationären Handel sind digitale Helfer nicht mehr wegzudenken: blinkende Anzeigen für Sparangebote, Auffüll- sowie Versandroboter, automatisierte und Self-Checkouts. Doch auch hinter der Kulisse tut sich unglaublich viel. In diesem Artikel wollen wir speziell die (R)evolution im Bezahlwesen durc ..read more