Bitrue Insurance Wallet – XRP Holdings
Bitrue is a crypto platform created by a group of blockchain enthusiasts to enable users to trade, invest, stake, borrow, and purchase cryptocurrencies. It has one of the most advanced crypto trading platforms which focuses on speed and security. Lately, to keep the depositor’s funds secure, they launched a Bitrue Insurance wallet, the details of … Read more
Is XRP ETF Required to Increase the Price of XRP?
While the Security Exchange Commission (SEC) is still deciding the fate of the Bitcoin Spot ETF fund, the market has already started rumoring about XRP ETF. Big investment houses like JP Morgan, Grayscale, Blackrock, ARK Investment, etc, are actively engaged with SEC and Commissioner Gary Gensler to get approval for launching spot Bitcoin ETF for … Read more
Who is Chris Larsen & Does He Still Hold XRP?
Chris Larsen is currently the Co-founder and Executive Chairman of Ripple Labs. He overtook Ripple Labs (previously known as Open Coin) from Ryan Fugger in 2012. Ripple Labs’ prime business is facilitating cross-border payments using a blockchain technology and XRP. Chris Larsen has also been a co-founder of the famous E-Loan Website and Prosper Marketplace, … Read more
How to Start NFT Reward Loyalty Program for Business?
Non-fungible tokens, also known as NFTs, will soon be the most popular and well-accepted technology for documenting the ownership of an asset. Examples of NFT could be as simple as a piece of art or as complex as a real estate property. A new use case of NFT has recently come into the discussion i.e. … Read more
Ledger $600,000 theft – Compensation for it Finally!!
On December 14, 2023, a security incident was reported where one of the affected companies, named Revoke.Cash reported that after connecting the Ledger wallet with the third-party dapps, using the ledger connect kit, the digital assets held in the ledger wallet started draining. Multiple parties were affected because of this security incident. On 20th December … Read more
Ripple – Considered a Virtual Asset Service Provider in Ireland
Ripple bags, yet another regulatory success. After the recent regularity clarity by the Virtual Asset Regulatory Authority (VARA) in Dubai, Ireland’s Central Bank designates, Ripple as a registered Virtual Asset Service Provider (VASP). This success will help Ripple offer its products and services in Ireland. Is MICA Still Required When Ripple is Already Designated as … Read more
Why is XRP Price So Low & Will it Increase?
XRP is a cryptocurrency token created by Ripple Labs. It operates on the XRP ledger and helps facilitate transactions on the ledger. It is famously known as the ‘Banker’s Coin’ because of its famous use case i.e. Cross Border Transactions. The XRP community and the experts believe that the XRP price needs to be quite … Read more
What is Ripple XRP Escrow and How to Track it?
Escrow is a third party/organization that receives and holds funds on behalf of the first party and releases them at agreed intervals, with pre-agreed amounts. Instead of going for an external third-party escrow organization, Ripple chose to program escrow on the XRP ledger with the help of a smart contract. The XRP Escrow holds XRPs … Read more
Ripple On Demand Liquidity (ODL)- Will XRP Price Increase with it?
Ripple’s On Demand Liquidity, also known as ODL is an innovative solution to streamline and reduce the cost and time required to execute and complete a cross-border payment in real time. ODL makes use of XRP, Ripple’s cryptocurrency, as a bridge currency for converting the sender’s fiat currency into the receiver’s fiat currency. ODL was … Read more
How to Tokenize Healthcare Data into NFT and Monetize?
Thanks to the Obama administration policies for driving the adoption of Electronic Medical Records and Hospital Information System in the USA. The ripple effect of this drive was so strong, that the hospitals across the globe started using Electronic Medical Record to capture the patient’s healthcare data. From the early 2000s, fast forward now, the … Read more
Hospital NFT Use Cases – Improve Patient Engagement & Brand
Engaging patients in a hospital and building brand loyalty is one of the toughest jobs, especially with the increasing competition in the private healthcare market. In the various regions of the world where a patient is not restricted by insurance, a healthcare entity is chosen, based on the popularity of the treating doctor. This leads … Read more
5 Simple Use Cases of Metaverse in Hospital
Metaverse technology is squeezing in slowly into different industries and proving its worth. The Chief Information Officers across industries have already started acknowledging good return on investment potential and high profitability owing to metaverse. Since the benefits of metaverse are too difficult to ignore, hospital CIOs have a bright chance to start thinking about adapting … Read more
How to Save Prescription Costs with the Blockchain Technology?
It is quite unfortunate that the prescription cost is increasing continuously year after year, and it is becoming quite difficult for patients to afford it.As a result, a lot of patients (especially uninsured individuals) end up being incompliant with the prescription written by their physician.As per the survey, patients either don’t buy all the medications … Read more
Retail CBDC – Reality in India – How to Use e-Rupee Application?
As per the IMF’s initiative, countries across the world are developing Central Bank Digital Currency (CDBC) on a blockchain network. While a lot of countries are leading the race and have launched the retail version of CBDC for the public. Whereas a few countries are still in the research phase. India is one of the … Read more
Offline NFT – How to Buy NFT Offline from a Store?
NFT (Non-Fungible Token) market is on an uptrend. The number of NFT users are expected to grow to 19.30 million by the end of 2027 and the revenue is expected to grow at a CAGR of 18.55% between 2023-27. With the advancement in blockchain technology and smart contracts , digitizing any asset on a blockchain … Read more
How to Become Smart Contract Freelance Developer?
Before we dig into the glorious world of ‘Smart Contract Freelance Developer’ lets understand what Smart Contracts are. Smart Contracts are algorithms written on blockchain to automate the transaction between two entities. For example, if a transaction between an NFT seller and buyer takes place, there are two ways a transaction can take place. In … Read more
Are BRC-20 Tokens Trustworthy – Shall I Invest?
Since 2009, when the Bitcoin was launched, Bitcoin maximalists tried to explain to the world its potential use cases, however, we never witnessed any on the ground. It was always more of a thin-air talk rather than an actual used case. On the contrary, Ethereum which was launched in 2015, picked up on various use … Read more
11 Blockchain Job Types for Doctors and Pharmacists
Blockchain is a digital ledger that stores data and transactions across a chain of blocks. With every new transaction, new blocks are added to the chain. Furthermore, the data stored is duplicated and distributed across the chain of blocks. This makes blockchain, robust, immutable, and almost impossible to hack. Taking into account the capability and … Read more
Why Stablecoins are Important?
Stablecoin, as the name suggests, is a cryptocurrency built on a blockchain ledger with a stable monetary value. Stablecoin inherits a stable currency value as it is pegged/set at a fixed exchange rate with a particular currency, generally US Dollar or a commodity like gold or any financial instrument. The non-volatile nature of Stablecoin makes … Read more
Will e-Rupee Lead to Demonetization 2.0?
Since the launch of Unified Payments Interface (UPI) in India (in 2016), India has seen a year-on-year growth of 50% in the volumes of cashless transactions. In the last financial year, the volume of the cashless transactions were reported to be approximately 5.86 billion Rupees. The amazing design of the UPI network and the ease … Read more
Is e-Rupee CBDC Required if UPI is Already in India?
As per IMF1, India is one of the few countries across the globe which has an advanced digital payment infrastructure. India’s digital payment volume has increased at an average of 50% year on year, over the past 5 years. In the last financial year alone, the value of digital transactions amounted to 5.86 billion Rupees, … Read more