HONG KONG, Mar 25, 2022 - (ACN Newswire) - Analogue Holdings Limited ("Analogue" or the "Company", together with its subsidiaries, collectively the "Group") (stock code: 1977), a leading electrical and mechanical ("E&M") engineering service provider in Hong Kong, today announced its annual results for the year ended 31 December 2021 ("the Year" or "FY2021") with revenue and net profit growth, posting a solid performance amid the pandemic and global uncertainty.

Highlights
-- Total revenue reached HK$5,350.7 million, an increase of 10.8% compared with adjusted revenue in FY2020
-- Profit attributable to owners of the Company grew 4.3% year-on-year to HK$314.3 million
-- Revenue from maintenance services increased 7.2% to HK$945 million
-- High dividend payout ratio maintained at 50.2%

During the Year, the Group's total revenue increased by 4.4% year-on-year to HK$5,350.7 million, mainly driven by both Building Services and Environmental Engineering segments. After adjusting the revenue for FY2020 from Transel Elevator & Electric Inc. ("TEI"), which has been reported as an associate of the Group since August 2020, the Group's total revenue would have increased by 10.8% year-on-year. In particular, revenue from maintenance services, a source of recurring income, increased by 7.2% year-on-year to HK$945 million, accounting for an increased proportion to 17.7% of the total revenue. Gross profit amounted to HK$878.4 million, with gross profit margin at 16.4%. Profit attributable to owners of the Company grew by 4.3% year-on-year to HK$314.3 million, even in the absence of such wage subsidies as the Government's "Employment Support Scheme" in 2020, which is evidence that the Year is most encouraging.

The Board has proposed a second interim dividend of HK7.25 cents per share. Together with the first interim dividend of HK4.02 cents per share, the total dividend for the Year amounted to HK11.27 cents per share, representing a high dividend payout ratio of 50.2%.

The Group has drawn on its exceptional project execution capability to deliver on the order book throughout 2021. Contracts-in-hand reached approximately HK$11,309 million as at 31 December 2021. Tendering activities remained active during the reporting period, with a total of 1,676 tenders valued at over HK$1 million each.

Dr. Otto Poon Lok-to, Chairman of Analogue Holdings Limited, said, "In 2021, although the E&M engineering sector was less affected by COVID-19 when compared with other industries, we still faced various challenges, such as interruptions in tendering for public works projects, high material and labour costs, etc. At Analogue, we upheld our motto 'We commit, We perform, We deliver' while doubling efforts to overcome challenges, which included optimising all facets of operation. In terms of business mix, we intentionally increased the proportion of contributions from maintenance services to ensure a stable source of income. Regarding geographical expansion, we leveraged our successful track record in Hong Kong, Macau and Mainland China to establish footholds overseas. As an advocate of innovation, we continued to direct our efforts towards enriching business operations through applications of new technologies. Our strategies have resulted in increased revenue and profitability in FY2021 despite the testing environment."

With active project delivery throughout the Year, Building Services segment's contracts-in-hand reached HK$4,892 million as of 31 December 2021. As an early adopter of cutting-edge building technologies, the Group pioneered the first high-rise building in Hong Kong using the advanced Modular Integrated Construction ("MiC") method. This track record won it HK$150 million worth of MiC contracts in FY2021. In light of the surging demand for MiC, the Group has been expanding its Multi-trade Integrated Mechanical, Electrical and Plumbing ("MiMEP") facilities and developing its proprietary ATAL Building Services Prefabrication and Modularisation Construction Technology ("ABSPM") to further improve the speed, cost, safety, and quality of construction work. During the Year, the Group participated in the building services work for one of the biggest data centres and secured additional installations and maintenance projects from major data centre operators in Hong Kong. Other key projects secured include a major hospital term contract and seven residential projects worth approximately HK$800 million, as well as a major contract for a Hong Kong racehorse training facility located in Guangzhou.

Environmental Engineering segment's contracts-in-hand amounted to HK$4,977 million. During the Year, the Group won four term contracts for the Hong Kong Government's Water Supplies Department that brings citywide benefits, covering all waterwork installations throughout the territory, such as the maintenance of mechanical and electrical equipment, instrumentation equipment, water quality monitoring equipment and plants. In addition, the Group took part in the iconic project of the Hong Kong Government Drainage Services department to upgrade the existing sewage treatment works to become the effluent polishing plant in Yuen Long which has been upgraded to meet future development needs, including expanding the treatment capacity from 70,000m3/day to 150,000m3/day. The deployment of the most advanced sewage treatment technologies featuring green design and community provisions will create an exemplary community asset and a more sustainable Hong Kong. The Group also commenced the operation and maintenance works for the sewage treatment plants in San Wai and power stations in Castle Peak and Black Point during the Year.

Information, Communications and Building Technologies ("ICBT") segment's contracts-in-hand increased by 2.7% to HK$877 million during the Year. To contribute to the development of Hong Kong's "Smart City" and "Smart Economy" initiatives, the Group rolled out a number of ICBT projects, including its proprietary Internet of Things ("IoT") applications for Smart Washrooms, Retro-commissioning (RCx) of electrical and mechanical systems, Indoor Environmental Quality (IEQ) Monitoring, Indoor Positioning and Video Analytics, as well as its in-house developed Cloud-based AI Energy Management Platform during the Year. In particular, the AI Energy Management Platform, IoT applications and Video Analytics technology have been chosen by more than 20 shopping malls, while its Photovoltaic ("PV") systems will be installed in more than 100 schools and NGOs. Such continuous contributions to streamlining digital processes and applying them will ultimately benefit society and advance the Smart City development in line with the government's blueprint.

The Lifts and Escalators segment's contracts-in-hand amounted to HK$563 million. During the Year, Anlev Elevator Group ("Anlev"), the Group's global brand of lifts, escalators, and moving walkways, completed the installation of Hong Kong's first commercial puzzle-stacking automated parking system, which advances "Smart Mobility" in Hong Kong, with the form of flexible automated parking system (APS). Designed by Anlev, the APS leverages innovative technology to provide 30 to 100 percent more parking spaces within the same footprint to alleviate the shortage of parking space in Hong Kong, enhance traffic planning and bring greater convenience to motorists. Following the success of the first APS project, Anlev was awarded a further contract to provide an APS for the new government building in the Kai Tak Development Area. For overseas markets, the alliance with TEI, one of the largest independent lift and escalator companies in New York, effectively enhanced the Group's operational and technical capabilities, and widened its service offering to international customers. The Group's new market strategy is also evidenced by the establishment of its first lifts and escalators company in the United Kingdom.

"On the green initiatives front, I am pleased that the Group has become the first E&M engineering group in Hong Kong to obtain a Sustainable Finance Certification from the Construction Industry Council and achieve the Green Loan Pre-Issuance Stage Certificate under the Green and Sustainable Finance Certification Scheme launched by the Hong Kong Quality Assurance Agency, as well as issuing a green financing instrument that will go towards enhancing water and wastewater management. In continuing this green journey, we are actively collaborating with prominent universities to develop more green energy and innovative environmental solutions," added Dr Poon.

In 2022, despite the emergence of the fifth wave of COVID-19 in Hong Kong having hampered the pace of economic recovery, on-going significant investments in infrastructure, the "Smart City" initiatives, the rise of IoT, as well as the rapid development of the Greater Bay Area are expected to present tremendous opportunities to Analogue. The outlook remains positive for the Group, which has been able to focus on its well-established foundation and innovative culture to sustain the operation through the uncertainties.

Dr Poon concluded, "Good opportunities arise even amidst challenging times. With strong business fundamentals and a sound financial position, we are well-positioned to grasp the growth opportunities ahead. Apart from organic growth, we will continue our efforts in exploring M&A opportunities in different parts of the world to support our expansion plans, with priorities placed on companies that have synergistic effects. 2022 marks the 45th anniversary of the Group. Over the past decades, we have dealt with numerous challenges, and have grown stronger from such experiences. With our pioneering spirit, utmost determination, wealth of experience and solid foundation, we are confident in achieving our expansion plans and propelling Analogue to new heights."

For more details of the 2021 Annual Results, please refer to the announcement that has been filed with The Stock Exchange of Hong Kong Limited.
https://www1.hkexnews.hk/listedco/listconews/sehk/2022/0325/2022032501168.pdf

About Analogue Holdings Limited
Established in 1977, Analogue Holdings Limited is a leading electrical and mechanical engineering service provider headquartered in Hong Kong, with operations in Macau, Mainland China, the United States and the United Kingdom. Serving a wide spectrum of customers from public and private sectors, the Group provides multi-disciplinary and comprehensive E&M engineering and technology services in four major segments, including Building Services, Environmental Engineering, Information, Communications and Building Technologies ("ICBT") and Lifts & Escalators.

The Group also manufactures and sells Anlev lifts and escalators internationally and has entered into an alliance with Transel Elevator & Electric Inc. ("TEI Group"), one of the largest independent lifts and escalators companies in New York, the United States. The Group's associate partner, Nanjing Canatal Data Centre Environmental Tech Company Limited (603912.SS), is specialised in manufacturing of precision air conditioners.



Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comAnalogue Holdings Limited ("Analogue" or the "Company", together with its subsidiaries, collectively the "Group") (stock code: 1977), a leading electrical and mechanical ("E&M") engineering service provider in Hong Kong, today announced its annual results for the year ended 31 December 2021 ("the Year" or "FY2021") with revenue and net profit growth, posting a solid performance amid the pandemic and global uncertainty.

  By FintechNews staff – Texas! Invoiced and PaymentsNEXT have just published “The State of B2B Payment Acceptance” detailing the top payment trends and priorities among U.S. business-to-business companies. -When asked about their plans for accepting cryptocurrency payments, 59% fo B2B indicated they have no plans to do so and are not open to it. Conversely […]

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The Moonshoot Finance team is pleased to announce its auto-staking and auto-compounding protocol that offers the higher revenue.

While highlighting the benefits of the protocol, the developer team noted that it offers the following:

• Fastest and highest fixed APY of about 383,025.80%.
• Automatic staking and compounding in each user's wallet.
• 96 times rewards daily – every 15 minutes.
• Fully KYC on Interfi and Pinksale.
• No minting to a wallet.
• Multiple use cases such as games, NFT, exchange, Launchpad, and staking.

Moonshoot Features

1.     Moonshoot     Treasury

The Treasury supports the MIF whenever the $MST token's price drops drastically. It also funds new Moonshoot projects, investments, and markets Moonshoot projects.

2.     Moonshoot     Insurance Fund

The MIF is the project's insurance fund that supports its long-term sustainability and price stability. To achieve this goal, it maintains a 0.02355% rebase rate that is paid to all $MST token holders.

The team explained what it intends to achieve with the MIF. According to the team, it was set up to prevent flash crashes through price stability, reducing downside risk greatly, and achieving the Moonshoot Protocol's future growth and long-term stability, among other things.

Towards this end, “5% of all trading fees are stored in the Moonshoot Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase.”

3.     The     Fire Pit

The Fire Pit is where 2.5% of all traded $MST is burned. The amount of burned tokens is determined by the trading volume. The Fire Pit grows in size according to the volume; thereby reducing the token's circulating supply while stabilizing the Moonshoot Protocol.

4.     Moonshoot     Auto-Liquidity Engine (MALE)

The Moonshoot Auto-Liquidity Engine is designed to “inject automatic liquidity into the market.” Each buy or sell transaction attracts a 4% tax fee that is automatically stored into an Auto-LP wallet. The protocol's smart contract contains a mechanism that takes half of the wallet's balance and buys BNB automatically at the current price market.

The other half of the wallet balance will be used for liquidity and therefore give a 50.50 BNB/Moonshoot that will be “automatically added as new, additional liquidity into the market pair and raising the amount of liquidity in the pool.”

MALE does this every 48 hours and thereby allow $MST token holders to sell their assets at their convenience with little or no market slippage. That's also a brilliant way to maintain protocol stability and ensure that the APY is upheld throughout the Moonshoot's lifespan.

How to buy the $MST token

To purchase the $MST token, click the link below:

https://app.bogged.finance/bsc/swap?tokenIn=BNB&tokenOut=0x1168aD5AA9A6A2D6c688E714B7a3e0C8535C6182

Moonshoot Contract: 0x1168aD5AA9A6A2D6c688E714B7a3e0C8535C6182

Audit: https://github.com/AuditRateTech/Smart-Contract-Audits/blob/main/Moon_Shoot_0x1168aD5AA9A6A2D6c688E714B7a3e0C8535C6182.pdf

Social Media

Twitter: https://twitter.com/MoonshootFnance

Facebook: https://www.facebook.com/MoonshootFinance-110327348284625

Telegram: https://t.me/moonshoot_finance

Company Name: Moonshoot

Email: [email protected]

Website: https://www.moonshoot.finance/ 

 

If you had bought bitcoin ten years ago, today you could’ve expected an astronomical return of over a million percent. Investments in cryptocurrencies, including bitcoin, are attracting more and more people who seem to be completely unfamiliar with this field. There is nothing surprising in this: in times of crisis, when the ground is slipping from under your feet and no assets are seen as reliable, gold and digital currencies are your best bet. It is not for nothing that bitcoin was once dubbed “digital gold” – in many ways it really is the best way to describe the #1 digital asset. Judge for yourself: the number of BTCs is limited, it’ll always be extremely valuable, it can be sold at the best market price on thousands of sites, and it can act as a safe haven in times of crisis since its price does not directly correlate with stock market assets. No assets can give profits the way cryptocurrencies do, which, in recent years, have shown growth by hundreds and even thousands of percent. However, where the profit is high, the risk is also high, and the choice of a good platform for trading – a cryptocurrency exchange – becomes very important from the early stages of wanting to get into this field. On the one hand, the choice of crypto exchanges today is huge, on the other hand, not every one of them is easy to understand or reliable. A modern crypto exchange has strict security requirements and a set of tools that must satisfy both the pro and the beginner. About the Tidex Crypto Exchange: latest technology and a second wind The dark horse of 2022, claiming to be the leader in the field of cryptocurrency trading, is Tidex, an old-timer of the market, which has undergone a number of important updates this year. Tidex has changed its technical team, and with it came new ideas and important improvements in the technical core of the platform. The convenience of user interaction with the interface has grown. It has become more intuitive, its functionalities have grown as new tools that are necessary for trading professionals have been added. For beginners, the platform also looks like an ideal place to start working with cryptocurrencies, since it has several levels of interface complexity – unnecessary features can be turned off. The launch of the launchpad as a response to the market’s request Today, the crypto market is desperately short on projects in which investors could invest money. Yes, it might be developing very quickly, but demand is still much higher than supply. Therefore, the launch of a platform for conducting initial offers of project tokens is a sought-after niche that Tidex seeks to fill in response to the sharp market demand. This is not surprising, since more and more investors want to participate in IEOs today seeing how over the past few years, some tokens have given their owners a fabulous profit. The launchpad is a useful and profitable feature for all potential participants: for startups, it serves as a great opportunity to make themselves known, for investors, it can give them huge profits, and for the platform itself there are many factors such as the growth of the community and trading volumes, the expansion of token staking programs, etc. The Tidex team promises that the planned launchpad will become what the market has long been waiting for – a simple and convenient platform where as many as possible will be able to get access to early investments. Transition to the Metaverse Metaverse has almost become the main word in IT over the past few months. It’s impossible not to pay attention to this trend because even our good old Facebook is now known as Meta. The areas interested in creating their own metaverses go far beyond virtual services, and of course, companies associated with cryptocurrencies were among the first to pick up this trend. The Tidex team says that by the end of this year, the exchange will have its own metaverse, where users will be able to interact with the platform and each other on a whole new level. Of course, with the general interest in the metaverses, the introduction of this tool into the Tidex product pool will cause a serious influx of new customers and an increase in the value of the native token of the exchange, which will become the main currency in the world created. The Tidex team believes that the launch of metaverses that will eventually be able to communicate with each other will be a real impetus for the mass adoption of cryptocurrencies in the world. About the advantages of the Tidex cryptocurrency exchange: One of the lowest commissions on the market, which can be reduced to almost zero depending on the trading activity and the use of the native token of the exchange. The maximum commission is 0.2%. The deposit is free, withdrawal commissions are minimal in the market and vary depending on the asset. A huge pool of tools for professionals, a user-friendly TradingView terminal – no need to spend time learning, you can start trading right away. There are advanced charting features with the ability to visualize orders and positions, as well as price alerts. Tidex puts security above all: storage on the platform is 98% cold, in other terms, customer funds are not located on centralized servers but are stored offline in offline storage. Automatic DDoS protection is used, backups are updated daily, and two-factor authentication for users is required. On the website, you can exchange cryptocurrencies without a commission instantly. You can buy crypto for fiat directly from a bank card. Internal codes operate on the site: by generating a code, you can send money to another user as quickly, conveniently and safely as possible. There is no commission for sending and receiving codes. One of the coolest features of Tidex is its super-profitable staking. This is a way to earn money on coins that are added to a special wallet and, depending on the conditions, stay there for a specific amount of time. During this time, in exchange for providing liquidity to the site, the user receives a percentage of the coins in the vault. Now Tidex is staking the popular AAVE coin at 3.5% per day.

Gamblers are always looking for the next big thing. And now, they may have found it in cryptocurrency casinos. Crypto-based gambling is a new and exciting twist on an old activity that’s been around since the Romans first played dice games made from animal bones. It has become easy to find them, in fact, you […]

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Russia’s invasion of Ukraine turned out to be a shock to the global community despite the threat that had been growing for months preceding it. Although the military action is taking place within the Ukrainian boundaries, the financial disruption it brought about has spread far beyond. The global stock market is tumbling, the oil and […]

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Subscriptions are an integral part of modern life. Digital subscriptions are increasingly common as more people get content from various subscription channels, unlike the past few decades where cable TV was the default source. Accordingly, the need to support crypto payment for Netflix and other subscription services is on the rise, even timely.

Revuto is a subscription management platform on Cardano that aims to add efficiency and control to the payment of subscriptions. They are now joining hands with Genius Yield, an equally innovative order-book DEX launching on Cardano to fast-track the adoption of DeFi services. While both protocols would support each other's ecosystem, a standout benefit would be paying for Netflix, Apple TV, Amazon, DSTV, and other subscription services using Genius Yield's GENS and other Cardano tokens. It is a vital support allowing users to take control of their spending, save money, while also earning cashback in Revuto's REVU tokens. Meanwhile, it will be possible for users to earn GENS by staking REVU via the ISPO in the Revuto Staking Center.

Streaming services can be annoying with their subscription models for all their quality content. You have probably heard a friend or relative furious over the billing policies of one of their subscriptions. The problems range from difficulties in cancellation, automatic renewal, and other communication-related issues. 

A Blockchain-Based Subscription Service

The fundamental issue with most subscriptions is that they rely on credit cards or bank payments. Once you sign up and agree to terms that most people never read, the subscription service can automatically deduct from your bank account. 

Revuto introduces the concept of a virtual debit card to grant users more control over subscription payments, allowing users to pay with Cardano and its tokens. The idea is to have a decentralized application that users can utilize to manage their subscriptions. This virtual debit card is operationalized as a decentralized application (dApp) that runs on the Cardano blockchain. 

Here is a summary of how the subscription management app will work:

• Download the Revuto app and set up an account, a straightforward process;

• Add subscriptions you intend to manage. They could range from music streaming services like Netflix, software packages, and more. 

• Once the subscriptions are linked, you can begin paying using GENS and other supported tokens.

The real prize is your ability to block, snooze, and generally control payments to your subscription service. This versatility allows the account holder to prevent unwanted subscription charges that make subscriptions more expensive than what you signed up for. Besides, you don't have to cancel the subscription when you want to snooze payments for a while before resuming.

The Cardano Blockchain Provides Base Support 

Revuto achieves its high performance because it launches from a robust layer, built from the ground up with the intention of being inherently scalable. The Cardano crypto blockchain is the handiwork of Ethereum co-founder Charles Hoskinson and a team of developers who sought to create a high-functionality and research-based network. 

Accordingly, Cardano is an excellent host for decentralized systems and applications. The rise of Decentralized Finance (DeFi) bodes well for this bespoke blockchain and its native coin, ADA. The protocol has significantly higher throughput than Ethereum, implementing a unique architecture with different settlement and computation layers. Accordingly, smart contract execution does not clash with transactions, as is the case for Ethereum.

Using Cardano blockchain, this utility has allowed an integrated decentralized hub like Genius Yield, SundaeSwap, and others to thrive. Its efficiency and increasing stature in the DeFi sector fit well with services that offer a secure and fast settlement. 

More Than Just Subscriptions Management 

Meanwhile, with Revuto in the picture, users can make payments efficiently and leverage recurring payments with REVU and get extra services for money management. Revuto received three million early sign-ups for dApp, with hundreds of thousands of users worldwide. These numbers bode well for an upcoming Fintech startup earning Revuto accolades like the award for the fastest-growing consumer product at the recent World Blockchain Summit in Dubai.

The ability to pay for your subscriptions in Cardano tokens is revolutionary. Bitcoin has struggled to gain traction as a medium of exchange for all its popularity. This utility application provides a real-world use for cryptocurrency. 

Revuto is looking to make its app a wholesome product. Soon, users will be able to exchange fiat and crypto in real-time and other decentralized finance services like lending and borrowing. Overall, the subscriptions management platform will provide a mobile-friendly and excellent decentralized finance management tool. The decision to launch on the Cardano blockchain is a testament to this vision. Revuto has a native Cardano mobile and non-custodial wallets with plans to add their custodial wallet to augment user experience.

Forecasting Growth in The Subscriptions Sector 

The world is trending online by the year. This trend is likely to manifest in the subscriptions and billing management sector, with the global market estimated to grow from about $3.9 billion today to $7.4 billion in 2027. The accelerated growth of digital streaming services is the biggest growth driver. it is the golden age for streaming with more potential in developing markets

There is excellent potential for a subscriptions management tool with such a market size. There will be tens, even hundreds of millions more people joining this demographic in the next few years. Accordingly, Revuto is entering the scene strategically for all stakeholders.

Looking Forward

Cryptocurrency and the blockchain launched on the fundamental premise that consumers need more control of their finances. This idea is relevant in countless fields. Subscriptions fall in this category because some services are downright abusive in their billing policies. Genius Yield and Revuto take the tenets of decentralization and user empowerment in these industries and seek to transform how consumers relate to subscription services. There is a great need for such services. By forming a fitting coalition, Genius Yield and Revuto will likely reap from the appreciation users will have for such convenience.

Media Contact

Company Name :- Genius Yield

Email Id :- [email protected]

Company Website :- https://www.geniusyield.co/

You must first purchase a wallet to store your virtual currency to use a cryptocurrency. It also has a unique address, just like a bank account. Depending on the coin, it may resemble this. It appears to be a completely random sequence of characters and numbers, but there is more to it. The first thing we need to figure out is how these things are manufactured. Anyone can create a new wallet by following a precise procedure to generate a public and private key pair. In the case of Bitcoin or Ethereum, this is accomplished by using an elliptical curve digital signature method. That’s a mouthful, but the bottom line is that the process will generate a private key and a corresponding public key. These keys are mathematically related to one another. You can use the private key to generate the public key. However, you cannot convert a public key to a private key. These two keys now have a distinct function. The public key will serve as the address for your wallet, similar to your bank account number. And the private key is your way of verifying that you own the wallet and hence have the authority to spend the money contained within it. To summarize, public keys can be shared with anybody, whereas private keys must be kept confidential unless you want others to decide what you should do with your money. So far, everything is going well. But there are a few fascinating side consequences to this approach that I’d like to mention. Why Are Crypto Wallets Important? To begin with, anyone can create an infinite number of wallets on their own computers. It is only limited by the speed with which your computer can generate key pairs. Nobody will be aware of the existence of your wallet unless it receives some coins. A cryptocurrency, after all, merely keeps track of transactions between wallets. It does not provide a complete list of all existing wallets.  So, if your newly constructed wallet has not yet been used in a transaction, it simply does not exist in the eyes of the outside world. Consider the blockchain to be a big spreadsheet with transactions flowing from one wallet to the next. The blockchain itself is unconcerned with whether or not these wallets exist. When you wish to spend coins in a wallet, you need to confirm your ownership. And you can only do so using the private key linked to the wallet’s address. Another unintended consequence is that you can send money to a wallet address that does not exist. Again, because a blockchain does not maintain a list of valid addresses, it cannot verify that you are moving coins to a valid address. If you send money to an invalid address, it will be lost unless someone can generate the private key for that address. For the time being, which isn’t really achievable due to the way the algorithm works. In fact, this is known as “coin burning,” It is occasionally done on purpose by cryptocurrency projects seeking to limit overall supply and boost the value of their coin. Alternatively, they do it to eliminate coins that were not distributed at the original coin offering. The final cool side effect I’d like to discuss is that you can construct a wallet while offline, then provide that address to someone else who will be able to send coins to it. When you go back online, you can spend the coins using the private key from that wallet. Isn’t it cool? So, if you want to keep some funds safe, you can establish a wallet while offline, print out your public and private keys, destroy the key on your computer, and transfer coins to it. This is known as a “paper wallet,” and it is the most extreme but extremely secure method of holding currency. So that was a quick rundown of how wallets function in a cryptocurrency. How do you utilize a cryptocurrency wallet? Crypto wallets range in complexity from basic apps to more advanced security solutions. Among the several types of wallets available are: Paper wallets:  This makes using your crypto more difficult, as it can only be used as digital money on the internet. Keys (Crypto) are written on a physical medium, such as paper, and stored safely. Hardware wallets: Keys are saved on a thumb-drive device kept in a secure location and are only connected to a computer when you wish to access your cryptocurrency. The idea is to find a happy medium between safety and convenience. Online wallets:  Keys are saved in an app or other software in online wallets; search for one that uses two-step encryption. This makes sending, receiving, and utilizing cryptocurrency as simple as any online bank account, payment system, or brokerage. Bottom Line … Continued

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    Not too long ago, it was commonly thought that people shopping for a car would browse on a mobile device but buy in-store or on a desktop computer. After all, the thinking went, who would make a $30,000 purchase on a phone?  More recently, however, there’s been a massive shift to mobile.  “Over […]

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Billpay platform doxo has raised $18.5 million in Series C funding. The round was led by Jackson Square Ventures and featured participation from existing investors. Headquartered in Seattle, Washington, doxo will use the capital to grow its platform and expand its team. In a round led by Jackson Square Ventures, billpay platform doxo has secured Read more...

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In the past few years, we all have interacted with chatbots in some or another form. And looking at trends, the usage of...

Have you ever heard of blockchain? It is the ledger and authentication system behind the bitcoin network. Blockchain is the reason that bitcoin become a sustainable digital coin, unlike many of the other digital coins that came before it. Many companies have used the blockchain system to create tertiary services, such as bitcoin wallets. Bitcoin […]

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