There is opportunity all around us, but the distinguishing factor between those who are successful and those who are not is usually not how smart, intuitive or lucky they are. Successful people tend to have the tenacity to put themselves in uncomfortable situations more than others and it is through these scenarios in which they gain the most growth impactful connections. They gain a great understanding of how other people think, predict changes in behaviour and use this knowledge to cause an impact.
With blockchain continuing to gain traction, adoption and implementation through companies such as IBM, Walmart and are only the beginning. Those anticipating the impact of the blockchain will redefine and shape many aspects of society as they discuss these ideas in their own industries, professional networks and seminars. It’s not a matter of if anymore, but rather when blockchain will become a part of everyday life. And whether you belong in the finance, healthcare, educational or any other sector, the value you bring can help project the technology forward.
With the usage of technology continuing to expand exponentially, we have seen a major transition from it being a minor convenience to something we are reliant on for our everyday lives. Specifically, with blockchain, the new technology bridges the gap between different industries, increases efficiency and accelerates the process of human development. Regardless of what field you belong in, the advancement of your industry will no doubt be influenced through blockchain technology.
Understanding the technology itself doesn’t require too much emphasis on the technicalities, but recognizing relevant use cases will give you an edge in your professional career as well as the opportunity to solve current problems in your respective field.
Blockchain events are currently being held in many locations around major cities worldwide and each has something unique to offer. Blockchain week in San Francisco this year had major guest speakers, educational seminars, career fairs and afterparties that were brimming with some of the world’s brightest and inspiring minds. It was a great place to network and learn, with an environment of friendly people that are excited about what’s to come and always willing to share their knowledge. Conventions like these often happen in larger cities and is always a great opportunity to expose yourself to the field.
For those who have had a large amount of professional experience, blockchain is an industry thriving with individuals from all different disciplines. The collaboration between professionals in blockchain who had backgrounds in cell biology, neuroscience and supply chain is prevalent. The different backgrounds bring forward a plethora of new perspectives to overcome challenges as well as a friendly atmosphere in which no one should feel intimidated and everyone can add value.
In addition to blockchain conferences and seminars, many people are taking the initiative to implement new projects and modern-day solutions utilizing blockchain.
Meetups circulating blockchain technology has become incredibly popular and are easy to locate regardless of if you’re near a major city or not. Partnerships between universities and local startup grind projects have flourished in the past few years, combining industry expertise with the ambition of the younger generation.
While the younger generation gains the opportunity to network with professionals and gain valuable knowledge outside of the classroom, they also get the chance to work for hands on with a project with their accumulated knowledge from the university.
For those wishing to gain some hands-on experience with the technology, projects such as Hyperledger and apps like meetup make finding local projects utilizing blockchain technology simple and straightforward.
In addition, conferences provide incredible content in which you will undoubtedly learn the use cases of blockchain and why it is so integral to gain an understanding of it. Both are incredible opportunities to learn more about blockchain and are some of the best learning experiences as well as networking opportunities.
With development continuing to accelerate, it’s important to educate yourself in to stay aware of industry changes as well as taking the opportunity to be a part of the process.
Have an upcoming Blockchain event, Cryptocurrency or ICO event or conference? We are happy to help your event gain exposure in the crypto community. Email your event details to email@example.com
Bitcoin Dominance at 2-Month High: Disaster for Altcoins
August was a bullish month for altcoin traders as they ranked in profits, forcing Bitcoin dominance to drop below 60% for the first time since the start of the year. However, the altcoin euphoria was shortlived as September brought along the bears.
The end of Q3 wasn’t great for Bitcoin traders, but that was expected as September is usually not a profitable month for Bitcoin. In fact, data shows that Bitcoin has lost more in September than in any other month.
As expected, the Bitcoin effect was seen across boards in the market. Altcoins suffered the most, shredding almost all of the profits accumulated in the previous month.
Bitcoin Eyes $12K
Bitcoin is pushing hard towards the $12k mark. It traded as high as $11,942 for the first time since mid-August.
Analysts believe the trend is the start of a new bull cycle for the leading cryptocurrency considering the coin shielded itself and recovered quickly from the recent negative news, including BitMEX’s charges and OKEx’s withdrawal saga.
Although October has been impressive for Bitcoin, and the coin has since recovered from the bearish move in September, altcoins continue to live in the terrible nightmare from the past month.
October: Another Nightmare For Altcoins
Bitcoin dominance started rising in mid-September after it went as low as 55%. At the time of writing, the cryptocurrency maintains a 60.3% dominance of the entire crypto market while the altcoins struggle with 39.7%.
Even Ether (ETH), the second-largest cryptocurrency, was not spared. In August, the coin traded near the $500 mark, reaching $485 for the first time in two years. In the last two months, Ether lost over 20% of its value, and market dominance dropped from above 15% to 11%.
Now, ETH is exchanging hands at $369 with a 2% loss on the daily chart. However, speculation in the market is that the upcoming ETH 2.0 Phase 0 could provide the needed boost for Ether bulls.
Looking at the top 100, a handful of altcoins have shredded at least 15% of their value on today’s trading session. Some of the most significant losers include Uniswap (-17%), Crypto.com (-25%), Balancer (-19%). Meanwhile, Flexacoin saw a big boost with over 258.11% gains in the last 24 hours.
Crypto.com Integrates PayID Offering 5M Users an Easy and Unique Way to Send & Receive Crypto
HONG KONG, October 19, 2020 — Crypto.com today announced PayID, a universal payment identity developed by the Open Payments Coalition, is now available on the Crypto.com App.
Crypto.com’s 5M+ users can register for a PayID from the Crypto.com app, consolidating complex wallet addresses and accounts into a simple ID that works across any payment network and currency. Users who register for their unique PayID will get an exclusive Crypto.com-branded, easy-to-read ID — such as “yourname$payid.crypto.com — that enables users to send/receive crypto payments from other compatible wallets with just a single ID, easing their ability to connect to 100M+ crypto users worldwide.
PayID solves a key pain point in the crypto payments world, which consists of many closed and complex networks. Participants must manage multiple long and random wallet addresses, increasing the likelihood of erroneous transactions. PayID creates a free, open and common protocol that allows for interoperability between any payment network or currency.
Starting today, Crypto.com is offering early access for select customers to register their unique Crypto.com PayID. To be eligible:
- Stake 10,000 CRO or more in Crypto.com Exchange; or
- Stake 10,000 CRO or more in Crypto.com App
On 2 November 2020 all Crypto.com App users can register their own Crypto.com PayID within the Crypto.com App.
Once registered, users can send crypto from other compatible wallets to the Crypto.com App with just their PayID, instead of a full-length crypto address. At launch, supported cryptocurrencies include CRO, ETH, BTC, XRP and many more ERC20 tokens. Users can also send crypto to other compatible wallets using PayID hosted by other members in the Open Payments Coalition.
Crypto.com was founded in 2016 on a simple belief: it’s a basic human right for everyone to control their money, data and identity. Crypto.com serves over 5 million customers today, providing them with a powerful alternative to traditional financial services through the Crypto.com App, the Crypto.com Card, the Crypto.com Exchange and Crypto.com DeFi Wallet. Crypto.com is built on a solid foundation of security, privacy and compliance and is the first cryptocurrency company in the world to have ISO/IEC 27701:2019, CCSS Level 3, ISO27001:2013 and PCI:DSS 3.2.1, Level 1 compliance. Crypto.com is headquartered in Hong Kong with a 600+ strong team. Find out more by visiting https://crypto.com
Crypto More Popular Than Gold Among Russian Investors: Report
A survey among over 2,000 Russian investors has placed cryptocurrency next to gold in terms of popularity. Moreover, younger investors aged below 30 have displayed significant favoritism towards digital assets.
Crypto Ranks Above Gold Among Russian Investors
According to the study published by the World Gold Council, investors from the world’s largest country by landmass have allocated the most funds into generally accepted as safer instruments such as savings accounts, foreign currencies, real estate, and life insurance.
When asked what sorts of investment tools they had invested in the past 12 months, they placed cryptocurrencies as the fifth most popular asset with 17%. Interestingly, gold came next with 16%.
World Gold Council Director of Central Banks and Public Policy, Dr. Tatiana Fic, commented that gold had been a valuable part of Russia’s history. She explained that the development of the gold mining industry began in 1745 with the discovery of gold in the Urals. In the next 100 years, more than half of the global gold production came from Siberia.
However, she noted that the investment market has declined in interest lately. Dr. Fic reasoned that there’s an evident lack of education, resulting in people steering clear from the bullion. She also claimed that investors fear buying fake or counterfeit gold products.
It’s worth noting that Russia seized purchasing gold earlier this year following half of decade of increased accumulation.
Younger Generations Keen To Experiment With Crypto
WGC’s report confirmed previous narratives that younger generations prefer allocating funds into riskier investment instruments such as digital assets.
“18-to-24-year-olds are much more willing to take risks to get exponential growth, rather than take a long-term view. For example, they are the least likely to have invested in a savings account but are the most likely to have invested in collectibles – and around two-thirds are considering investing in cryptocurrencies.” – the report reads.
The paper highlighted that the growing role of mobile apps linked to investment accounts have made it easier for tech-savvy youth to purchase their preferred assets. Cryptocurrencies lead the way “with nearly 80% being bought exclusively online.”
Although physical gold has been bought mostly offline, the report noted that online investments in gold-backed ETFs and vaulted gold have jumped in the past few years as well.
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