Sign in

What Is Bitcoin?

Bitcoin is high-level money made in January 2009. It follows the considerations set out in a whitepaper by the bewildering and pseudonymous Satoshi Nakamoto. The character of the individual or individuals who made the development is as yet a secret. Bitcoin offers the guarantee of lower exchange expenses than customary online installment instruments and, not at all like officially sanctioned monetary forms, it is worked by a decentralized position.

Bitcoin is a sort of cryptographic money. There is no physical bitcoin, just harmonies kept on a freely available report that everyone has direct permission to. All bitcoin trades are affirmed…


Beyond iconic Bitcoin and Ethereum, the dizzying range of blockchain use is only starting to be fully explored.

Yet the things that makes blockchain so revolutionary are also the things that make it so difficult to grasp — its lack of tangible assets, and huge network of linked virtual users.

Solution? A beginner’s guide to blockchain. Get the basics right and the sky really is the limit.

Okay, so what is blockchain?

Blockchain is essentially a database, where information can be added but not removed.

Conventional servers use a centralised model to store financial data in one place, with those running the server — eg…


MRI Software wins Centuria Capital contract for its Property Management Software Solution
MRI Software wins Centuria Capital contract for its Property Management Software Solution

Scalable, cloud-based solution manages lifecycle of c.200 property assets

SYDNEY, May 20, 2021 /PRNewswire/ — MRI Software, a global leader in real estate software solutions, announces it has won a new contract with Centuria Capital Group, an ASX-300 listed investment property funds manager, to automate the full lifecycle management of about 200 real estate assets in the firm’s $10 billion property portfolio across Australia and New Zealand.

Pictured: Stephen Wilson, MRI Software Managing Director, Business Development, APAC is leading the team working with Centuria Capital to automate their property asset management.

MRI Commercial and Investment Management solutions will be used…


Crypto Community Launches Anti-Musk Coins
Crypto Community Launches Anti-Musk Coins

Angry members of the crypto community have turned on Tesla founder Elon Musk, launching new anti-Musk coins that leave nothing to the imagination.

Founders of two new cryptocurrencies, $StopElon and FELON (F**k Elon), are calling for users to abandon Dogecoin and sabotage Musk’s company.

Musk, no stranger to controversy, has apparently sinned twice. He recently appeared on SNL, dissing cryptocurrency as a ‘hustle’ and sending markets into a tailspin. Then he publicly rejected Bitcoin as payment for his electric vehicles, immediately devaluing the currency.

The furious reaction to his comments has taken anti-Musk sentiments to new heights — fuelling a whole new chapter…


SB Finance partners with OneConnect Financial Technology to roll-out cloud based financial technology
SB Finance partners with OneConnect Financial Technology to roll-out cloud based financial technology

SINGAPORE, May 19, 2021 /PRNewswire/ — Consumer lending company, SB Finance Company Inc. has signed a strategic partnership with OneConnect Financial Technology Co., Ltd. (NYSE: OCFT), a leading technology-as-a-service platform for financial institutions and an associate of Ping An Insurance (Group) Company of China, Ltd., to provide Filipinos with greater accessibility to credit and better customer experience in an effort to promote financial inclusion among the masses in the Philippines, where approximately 65 per cent of the population remain unbanked.

Through the partnership, OneConnect will help SB Finance develop an end-to-end omnichannel digital finance platform using OneConnect’s artificial intelligence (AI)…


NBA Hall of Famer and Global Philanthropist, Dikembe Mutombo and Partners, to Invest  US$1 Billion in Ethical Mining Projects in Democratic Republic of the Congo to Support Electric Vehicles and Other Technologies
NBA Hall of Famer and Global Philanthropist, Dikembe Mutombo and Partners, to Invest  US$1 Billion in Ethical Mining Projects in Democratic Republic of the Congo to Support Electric Vehicles and Other Technologies

KINSHASA, Democratic Republic of the Congo, April 27, 2021 /PRNewswire/ — Dikembe Mutombo, Chairman of Bluetech Investments, and international groups of investors from the United States, Hong Kong, and Germany, have announced over a US$1 Billion investment in collaboration with the Democratic Republic of the Congo in the public and private mining sectors. The investment will focus on generating ethically sourced, conflict-free copper, cobalt, and other key minerals that are essential to producing electrical vehicle batteries and other leading-edge technologies.


Crypto with a Conscience: Elongate Gives Big to Charity
Crypto with a Conscience: Elongate Gives Big to Charity

Elongate is more than an homage to Elon Musk. It’s a social enterprise dedicated to bridging the gap between the crypto space and charities of every kind.

This new venture is both a project and a token, with plans to give back a share of its income to various charitable organisations and facilitate donations.

Starting from scratch in March 2021, this burgeoning project has already established an active community of more than 100K token holders and donated nearly $US1 million to Children International, The Ocean Cleanup and Action Against Hunger.

Which is genuinely good blockchain news — crypto with a conscience.

Social enterprise…


Mastercard Uses NFTs to Offer Green Buying Power
Mastercard Uses NFTs to Offer Green Buying Power

Mastercard is offering its customers the ability to reduce their carbon footprint using the company’s blockchain-based Provenance Solution.

Customers can now choose more eco-friendly products — anything from coffee to t-shirts — then interact with the carbon credits which relate to them. These are represented by non-fungible tokens, or NFTs, and unique markers.

It’s a great way for customers to identify green products and services, then purchase them through major providers.

Buyers want transparency, flexibility, choice

The payment giant developed the Provenance Solution to help brands track the journey of their products, ensuring visibility through the entire supply chain.

According to Ashok Venkateswaran…


Moomoo Inc. Clinches Title Sponsorship for Yahoo Finance's Exclusive Livestream of the 2021 Berkshire Hathaway Shareholders Meeting
Moomoo Inc. Clinches Title Sponsorship for Yahoo Finance's Exclusive Livestream of the 2021 Berkshire Hathaway Shareholders Meeting

- FUTU to leverage on its latest investment platform, moomoo, to stream Yahoo’s coverage for its growing user base of over 13 million investors on 1 May 2021 @12:30pm ET、

- moomoo provides a platform for viewers to join the live conversation with industry experts

- Futu Inc. …

Cult Today

CULT is Crypto Urban Libertarian Thought. Thousands of projects around the world are emerging to take back data from big corporates, bank the world’s poor and r

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store