2-Way Crypto-ATM Introduced in Sofia, Bulgaria

2-Way Crypto-ATM Introduced in Sofia, Bulgaria

#NewsAlert The citizens and visitants of Sofia, the capital city of Bulgaria, will have a new  BATM (Crypto ATM) from July 23, 2018.  The ATM is installed in a famous shopping center ‘The Mall’ in Sofia.  It supports two-way transactions for various cryptocurrencies comprising  Bitcoin,…

Chinese search giant Baidu announces its own Digital Token

Chinese search giant Baidu announces its own Digital Token

#NewsAlert The leading Chinese search engine, Baidu, has recently issued its Digital Token in China, which has probably outlawed Cryptocurrency Exchanges and boasts itself of cutting down global Yuan trade for Bitcoin to 1% only. Baidu stated that the launch of its Digital Token is…

Blockchain To Counter Telemarketing Spams Prolitus

Blockchain To Counter Telemarketing Spams: TRAI

#NewsAlert TRAI (Telecom Regulatory Authority of India) has lately drafted new measures to counter the widespread Telemarketing spam, suggesting the notion of using Blockchain technology to restrict the use of Pesky messages and calls. TRAI intends to use Blockchain to prevent the users from unrequested…

Prolitus Blog Image

What Happens When Blockchain and Artificial Intelligence Meet ?

The world is growing and changing for better. Breakthrough in technologies are creating new possibilities and unimaginable avenues for innovations. One such technology that took the world by storm is Blockchain. In simplest of words, it is a secured distributed database, immutable in nature, which…

How Cryptocurrencies Work – A Technical Perspective

Cryptocurrencies are the hot trending topic and have the tremendous potential to affect almost every sector. It has managed to attract the attention of governments and other agencies as the market cap of cryptocurrency has already crossed $284 billion. Cryptocurrency is the digital assets and…

blockchain for KYC

How Blockchain is Solving the KYC/AML Woes?

Know your customer (KYC) and anti-money laundering (AML) rules, while very useful for preventing and tracking crime, can also be a major burden for financial institutions such as banks. The reason is because complying with KYC/AML regulations is time consuming and expensive. In fact, financial…

Keep Your Cryptocurrency Safe

How To Keep Your Cryptocurrency Safe?

Blockchain technology was originally developed for the exchange of cryptocurrency i.e. Bitcoin. But to use and exchange cryptocurrency, a user requires a safe and secure wallet. Globally millions of people are dealing with cryptocurrencies and they are making use of wallets in their endeavor to…

Ethereum Vs Bitcoin -2 Key developments of Blockchain Technology

Ethereum Vs. Bitcoin

Ethereum Vs. Bitcoin – 2 Key Developments of Blockchain Technology Bitcoin is the most popular and largest used cryptocurrency in the world. In fact, the Blockchain Technology was originally designed for the exchange of Bitcoins. Blockchain Technology works on the concept of distributed network, where…

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