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Blockchain for IoT in business

A new horizon in data exchange

Blockchain is a shared database for peer-to-peer transactions. The core of this technology is bitcoin – a digitally encrypted wallet for transaction management and payment system, which was introduced in 2009. This transaction management system is decentralized and usually operates without an intermediary. These transactions are supported by a set of network nodes and are recorded in a utility book known as a blockchain.
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The Internet of Things (Internet of Things) is a cyberphysical network of interconnected computing devices, digital objects, and individuals with unique system IDs. The purpose of the IoT space is to serve a single point of integration and transmit data over the Internet without the need for human or computer intervention.

There is a complex relationship between blockchain and IoT. Businesses that provide IoT can find solutions using blockchain technology. The collaborative system can develop and record a cryptographically protected data set. Such a database and records are protected from alteration and theft provided they are highly protected and protected from malware. The duo can create transparency and accountability by moderating business development mechanisms. The blockchain itself can help reduce workplace mismanagement, overhead and business unpredictability through its interconnected servers. A digital book can create a cost-effective business and management system where anything can be effectively shared, properly monitored and tracked. This process eliminates the need for a centralized management system that essentially eliminates many bureaucratic red ribbons and streamlines business processes. The commercial adoption of this innovation offers a broad platform of the Internet of Things and within business enterprises.
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Blockchain essentially enables interconnected IoT devices to participate in secure data exchange. Companies and businesses can use a blockchain to manage and process data from end devices such as RFID-based assets (radio frequency identification), a machine-readable barcode and QR code, an infrared remote control (IR Bluster), or device information. Built-in business settings, Edge IoT devices will be able to transmit blockchain-based records for contract updates or network verification. For example, if an IoT asset involving RFID with a geographical indication and confidential information is moved to another unspecified point, the information will be automatically stored and updated in the blockchain book, and if necessary, the necessary measures will be taken. As the product is promoted to different locations, the system allows stakeholders to find out the location of the package.

To enjoy the fruits of the functioning of the Internet of Things, business organizations must adhere to four basic principles:

1. Price Reduction

Edge devices should reduce transaction processing time and turn off IoT gateways or Internet intermediaries in the system. Because the exchange of data and information is transmitted in the system, excluding an additional protocol, program, hardware, channel, node or communication, reduces overhead.

2. Accelerate data exchange

The IoT included in the blockchain can eliminate the IoT gateway or any filtering device needed to create a network between the cloud, administrator, sensors, and devices. The expulsion of such an “average person” can enable peer-to-peer contracts and data sharing. In this process, the digital book eliminates the extra time required to synchronize the device and process and collect information. However, eliminating the IoT gateway provides wiring for malware and security breaches. A blockchain-enabled IoT network can handle this by installing features such as malware detection and encryption mechanisms.

3. Building trust

Thanks to the Internet space included in the blockchain, devices and appliances can virtually and physically carry out transactions and communicate as trusted parties. Unlike a regular business, where transactions require approval and verification, the blockchain does not need central authentication and peer recommendations. As long as the network is secure and the trusted parties are technologically savvy, the IoT space does not require additional documents. For example, team A may not know team B may not have met physically and checked confidentially, but the stamp of online transaction records and information sharing in the blockchain book confirms the reliability of the business. This allows people, organizations and devices to gain mutual trust, which is very important for creating turnaround business settings and eliminating administrative hassle.

4. Improving security for the IoT

Blockchain provides space for a decentralized network and technologies that promise to store, process, and retrieve information from their billions of connected devices. This system should provide a strictly secure network that is both encrypted and easy to use. A decentralized network should provide high bandwidth, resolution, low latency, and requests. Installing a blockchain in an IoT network can regulate and moderate the exchange of data across end devices, while maintaining the same secure transactions and information exchange of connected devices.

Eliminate failure points in the IoT space

The IoT included in the blockchain can upgrade the supply chain network by tracking labeled items as they move through different points of an imported store or warehouse, allowing for safe and accurate delivery of products. Blockchain installation provides accurate and detailed product confirmation and solid traceability of relevant data along supply chains. Instead of finding paper trails to identify the country of origin (Io), the IoT can verify the physical confirmation of each product using a virtual “visa” that provides relevant information such as the authenticity and origin of the product. Blockchain can also make product checks and help organizations track or create record history. It can also provide secure network access for administrative records or alternate plans.

IoT with a blockchain enabled is not limited to corporate failures or use cases. Any business with IoT space can increase business performance by marginalizing costs, eliminating bottlenecks, redundant cycles, and single system breakpoints, updating process innovation. It is in the self-interest of such organizations to understand, adopt and implement blockchain in their corporate decisions.

Still ahead …

Opened by the Fourth Industrial Revolution (4IR), the enabled IoT blockchain is now the most dominant innovation after the integration of transistors and computing systems. It is the violation that welcomes the “second machine age” in terms of digitization and advanced artificial intelligence (AI). Organizations facing business are the main fans to enjoy the fruits of this revolution. It would be a pity if these organizations fail to realize the potential of this mega-integration, which can bring intelligence to systems anywhere and anywhere. Along with the new integration, this system also accompanies critical adaptability issues related to the distributed network, such as privacy and data network, security coordination, and intellectual property management. While many technology vendors are building an open source foundation to address these challenges, organizations and businesses should use and disseminate this technology to increase mobility and improve the integration of products and services.

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Blockchain hosting

The notable recent rise in bitcoin prices has revived the imagination of many investors, but Blockchain technology isn’t just about money. In this article, we will look at how significantly this revolutionary technology will impact classic web hosting services.
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The concept of cryptocurrency is not rocket science. In fact, this medium is no more complicated than a traditional currency. However, it nonetheless needs a secure and trusted environment in which it can operate, and this is provided by Blockchain.
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What is a blockchain? There are many misunderstandings associated with this, but for the purposes of this article, we will simply define it as a distributed spreadsheet. We’re all familiar with Excel or Open Office spreadsheets, but what makes Blockchain so appealing is the way it spreads.
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Like the files in Torrent, Blockchain is a peer-to-peer network where there is no need to provide trust between the parties. Thanks to modern cryptography, trust is instead maintained at the level of a single record rather than the participant receiving it.
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Okay, now we understand the basics of the cryptocurrency revolution, but how, one might ask, does this affect hosting services? In fact, in its simplest form it involves not only selling your services in your local currency, but also bitcoin and other cryptocurrencies.
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However, this is not the end of the revolution. Bitcoin and other digital currencies need e-wallets, and so a traditional web hosting provider has tremendous potential. If you trust customers and host their sites, then why not host their electronic valet?
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Each cryptocurrency transaction is an actual transaction between two electronic valet. Each exchange is supported through a wallet and you can also provide an interface for customer access. This factor is crucial in order to fully understand the impact that Blockchain can have on your hosting.
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At the same time Blockchain – it’s not just money. The latest versions of its protocols also make it possible to enter into an agreement between the parties in any form, whether it be a subscription to cable television or any other type of account. They all need to be stored somewhere, and there is room for hosting companies.
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Therefore, a wallet is the key to making full use of the potential of Blockchain. Once you understand this, what will be the next steps?
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An Introduction to Blockchain Technology for Beginners

Nowadays, technology is scaling new heights of success at an incredibly fast pace. One of the latest triumphs in this direction is the evolution of Blockchain technology. The new technology has greatly affected the financial sector. In fact, it was originally designed for bitcoin – a digital currency. But now it finds its application in a number of other things.
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Going so far was probably easy. But still need to know what is Blockchain?

Distributed database

Imagine a spreadsheet that is copied more than once over a computer network. Now imagine a computer network designed so elegantly that it regularly updates the table on its own. This is an extensive review of Blockchain. Blockchain stores information as a shared database. Moreover, this database is constantly updated.
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This approach has its advantages. This does not allow you to store the database anywhere. The entries in it have a valid public attribute and can be checked very easily. Because there is no centralized version of records, unauthorized users do not have the ability to manipulate data and corrupt it. The widespread Blockchain database is simultaneously hosted on millions of computers, making the data easily accessible to virtually anyone on the virtual Internet.
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To make the concept or technology more understandable, it’s good to discuss the Google Docs analogy.

The analogy of Google Docs for Blockchain

After e-mail appears, the usual way to exchange documents is to send a Microsoft Word document as an attachment to the recipient or recipients. Recipients are in no hurry to go through it before sending a modified copy. With this approach, you need to wait until you receive a copy to see the changes made to the document. This is because the sender is not allowed to make adjustments until the recipient has finished editing and sent the document back. Modern databases do not allow two owners to access the same record at the same time. This is how banks maintain the balance of their customers or account holders.
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Contrary to established practice, Google Docs allows both parties to access the same document at the same time. Moreover, it also allows you to view a separate version of the document at the same time. Just like a shared book, Google Docs also acts as a shared document. The distributed part becomes relevant only when several users participate in the generalization. Blockchain technology, in a sense, is an extension of this concept. However, it is important to note that Blockchain is not intended for document exchange. Rather, it is simply an analogy that will help to have a clear idea of ​​this advanced technology.
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Outstanding features of the blockchain

Blockchain stores identical blocks of information on the network. By virtue of this feature:

  • Data or information cannot be controlled by any single organization.
  • There can be no single point of failure.
  • The data is stored in a public network, which provides absolute transparency of the general procedure.
  • The data stored in it cannot be corrupted.

Demand for Blockchain developers

As mentioned earlier, Blockchain technology has a very high application in the world of finance and banking. According to the World Bank, in 2015 alone, more than $ 430 billion in remittances were sent through it. As such, Blockchain developers have significant market demand.

Blockchain eliminates the payment of intermediaries in such monetary transactions. It was the invention of the graphical user interface (GUI) that helped the common man access computers in the form of desktops. Likewise the wallet app is the most common GUI for Blockchain technology. Users use a wallet to buy the things they want using bitcoin or any other cryptocurrency.
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Is binary options fraud really, or is it just a hoax?

If you are badly deceived by binary options fraud, then you are not alone. There are thousands like you who have been greatly deceived out of such situations, and the worst thing is that you can do nothing at all. This is the very reason why you need to start thinking if you want to do binary options trading in the first place.

How do you know that a binary options scam is happening?

1) Deceptive brokers

The most common among lot brokers, and at the same time they successfully support ICOs as part of rapid falsification due to limited rules and regulations established for them as a result of leniency by financial authorities. recently there has been considerable excitement over the last few years. By copying other people’s information and working extremely hard on multilevel marketing through the embodiment of social networks and real reviews, ICO is a scam that can be bought in today’s financial world. The main people eventually sign up for these ICOs just for this broker, and soon enough you will lose all your money.

In case of proper verification there are some signs that allow to learn about a fake broker, for example, there is no definite road map and founding directors who have no traces in the crypto market. Also, if members owned by the broker ask about you to commit in a hurry, there is a good chance that it is a binary options scam.

2) Fake wallets and stupid exchanges

If you want to keep your crypto, take the help of a wallet, be it hardware finance or an e-wallet. Most investors choose the e-wallet instead of financing the equipment, mainly because of its low fees and durability.

Unfortunately, many of the crypto-wallets you see in the Play Store or App Store are fakes that seek to seize your private crypto-key and take your money. It is strongly recommended to conduct a study of wallets and learn about the shortcomings before adding money to it. In addition, it is always recommended to seek the help of any professional firm that will guide you in the right direction.

The FCA has banned many brokers who perform such unscrupulous actions, but there is still much left.

However, fake brokers are still available.

3) Fraudulent binary transactions

Remember the times when a teacher gave us homework and we hated doing it. However, a change needs to be made when deciding to invest in some binary options exchanges. Digital foreign exchange exchanges have increased over the past few years, leaving the party with many skeptics.

To determine the true exchange, it is strongly recommended to conduct a full quality check on the site. Some include confirmation of withdrawal requirements and methods, website security status, phrases and terms, and correct office address and founder information.

Whether it’s a direct trading deal, a full all-in-one trading platform or through brokers, it’s extremely important to follow the steps above if you want to save your hard-earned money.

So, don’t wait and never get caught up in such binary options scams. Beware of such scams and invest money wisely.

3 good reasons for the world of digital currency – cryptocurrency

Welcome to the “crypto” world!

– Blockchain technology domain

– Cryptocurrency market

– Bitcoin payment system cabinet.

So here’s the trend, or you can call it the “world of digital currency” with a great upward movement.

If you avoid bitcoins and cryptocurrencies today, tomorrow you will fall into a bad ditch. It is actually the present and future of a currency that does not know how to stop steps. Since its inception and to this day, it has grown and helped many people around the world.

Whether it’s a blockchain to record transactions, or a bitcoin system to handle the entire payment structure, or a wallet of Erc20 tokens to define rules as well as policies for the Ethereum token – everything goes hand in hand and goes to a new currency beam in the world.

Sounds great, right?

Moreover, with the advent of such a successful currency regime, many firms like to participate in this game. In fact, the whole point is to assist businesses and organizations in obtaining Blockchain technology or cryptocurrencies without any hassle through a reliable Blockchain development company. With the knowledge and potential, these companies are developing this currency and playing a vital role in the digital economy.

Just for a nanosecond, even if we assume that the cryptocurrency will no longer exist, what will happen then?

Maybe time will attack your mind!

The most first launched by Satoshi Nakamoto, bitcoin became a colonizer, and from that beginning an innovative digital currency developed with a range of good things.

Thus, the question arises – will the development of cryptocurrency or the company-developer of cryptocurrency disappear or not?

In fact, to predict the future is not possible, but we can say that the cryptocurrency or Erc20, or Blockchain, or a company that develops Bitcoin wallets, will be with the same sense of enthusiasm and passion to lend a hand to business verticals and organizations.

John Donajo, a former CEO of eBay, said: “Digital currency will be a very powerful thing.”

And it turns out to be very accurate, because time is running out.

In fact, it has good reason for the success of this concept.

Proof of fraud:

The blockchain is connected with cryptocurrency. Thus, every transaction is recorded in this general ledger, avoiding fraud. And all individuals are encrypted to overcome identity theft.

Erc20 takes care of all rules and protocols, so there are no violations of rules and orders. If you participate, be sure to contact the Erc20 developer and report that it is designed according to the rules.

You are the sole owner:

No third party or other assistant or electronic system to evaluate what you are doing. Only you and your client support the end-to-end experience. Isn’t that a great concept?

With everything, the settlement happens instantly and it’s all between you and your seller without any other obstacles. After all, this is your call.

Easy to fit:

The internet has done everything within reach and at hand. It plays an indispensable role in the digital currency market or the stock market. You will have a better currency exchange option instead of using traditional and time consuming methods. And, a great way to get you interested in the cryptocurrency industry.

If you are a business owner and expect to encounter cryptocurrency in your area, always move forward with a decisive shot. Approach a reliable supplier or developer of a cryptocurrency exchange, discuss everything with all open cards, and then hit the ball in court.

AENCO Blockchain One Stop Shop

Aenco will integrate its decision-making platform and core funding ecosystem with the wider public health technology, thanks to the AEN token, as a key building block of the ecosystem and extension to all of its services and community.

AENCO – A blockchain-based financial healthcare decision platform

Aenco is the world’s first blockchain-based healthcare financing platform

uses healthcare technology with institutional funding, a major brokerage and smart capital under one umbrella. It is a “department store” to provide the latest institutional funding, first-class brokerage and core smart capital solutions for the HealthTech industry, as well as a research and collaboration center for healthcare companies and projects involved in blockchain development. It will combine its decision-making platform and core financial ecosystem with the wider public health technology. enables new innovative healthcare companies with digital funding capabilities to focus on building high capacity and efficient technologies that can transform our world and daily lives. Supported by the group’s planned regulated infrastructure (including the establishment of a commercial bank within the group) and availability in major jurisdictions including Europe, Hong Kong and the US, through which Aenco will effectively deliver its solutions, creating an ever-growing and fast-growing ecosystem.

3 KEY PILLARS AENCO

1. IB Solutions AEN Connect – smart wallet and Aenco portal; AENX – exchange platform for tokens; AEN Connect Escrow and Guardianship; Gateway ICO, Subscription and Integrity Program; Research coverage, community discussion and news dissemination portal; UX / UI application for the multidisciplinary HealthTech utility exchange platform.

2. Prime Solutions AEN Connect – a financing platform provided with cryptocurrencies and cross-assets; Pooling and matching orders platforms for financing providers and borrowers who use Fiat’s cryptocurrencies and major currencies as collateral; Integration with Aenco SmartCap solutions to facilitate fiat currency clearing; Margining and clearing system to provide financing and structured OTC product issuance; Customer custody system and asset separation system; Regulatory legal and financial reporting protocols; Integration with AENX and external API systems to perform and calculate services.

3. SmartCap solutions – AEN Token transaction integration system with basic financial modules; AEN Connect smart wallet and integration system “confirmation rate” with the main financial modules; Integration system with AENX and Aenco Prime Platform to support clearing services.

AENCO PLATFORM to regulations and more

They follow regulations issued by regulators around the world, and this body of regulators may have taken a different approach to ICOs, and typically all moved to clarify the necessary regulatory framework governing token issuers ’requirements to provide greater protection for participants. market and better disclosure. To address aspects of regulation Aenco is expanding into new markets, drawing on long-standing traditional business infrastructures to establish a regulated presence in several major jurisdictions.

They believe it is only a matter of time before the ICO is adopted as a major alternative financing tool for emerging companies, and that the global regulatory framework will grow to meet the new challenges that arise from this. They believe in creating a sustainable service platform for emerging companies and emerging entrepreneurs, and is creating a globally regulated platform across major continents and markets.

In the landscapes of start-ups and healthcare-based healthcare innovations, a successful combination of sound science and sound funding is key to potential growth and discovery. However, due to the capital intensity of the business, the possibility of sustainable and efficient sources of financing for new biotechnological and medical technologies is very difficult.

The Aenco platform aims to be at the forefront of this sensational technological and societal development, while leveraging years of regulatory experience and a commitment to adopting both digital assets and blockchain-based applications with respect to emerging financial services.

Aenco believes that digital financing, such as ICOs, is fast becoming “major,” and in connection with this development many aspects of traditional banking can be adopted, developed, and applied to the blockchain.

communities. Aenco will be the FIRST to adopt such digital financial integration to serve the healthcare sector and its significant community.

Aenco’s goal is to create a global blockchain-based financial decision platform, operating within an accredited global legal framework, preventing increased regulatory requirements, using a decentralized blockchain-based financial ecosystem that combines traditional and modern market capital services. Such services should be used and utilized on the proprietary basic utility “AEN” as a means of exchange that can be exchanged with the accepted main crypto (BTC, ETH); Evidence that AEN stakeholders can benefit from pre-defined utility benefits in the Aenco ecosystem.

AENCO CORE TECHNOLOGIES

1. AEN CONNECT: smart wallet with “Wealth App” features

2. AENCO Ico gateway and platform

3. AENCO wallet with increased security

4. Developed own trading exchange (“AENX”)

5. Merge Aen Connect applications and APIs across multiple service platforms

6. Aenco decentralized brokerage platform (“AENCO PRIME SOLUTIONS”)

BENEFITS OF AEN TOKEN HOLDER

1. Demonstrative benefits and access to financial utility

– Secured lending, fee reductions, interest rate increases and decreases, alternative investment at a discount, investments, access to the ICO research portal, increased security, increased flexibility and some others.

2. Benefits of health services from HealthTech partners

– Robotic surgery, surgical procedures and technologies, specialized facilities and services and more.

AEN TOKEN SALES

The sale of tokens is currently at the stage of private sale.

They do not accept contributions from residents of the United States, Samoa, China and countries under OFAC sanctions. For investors based in Hong Kong, you must claim and submit wealth as a “Professional Investor” in accordance with the Hong Kong SFC Guidelines and Rules. They require you to go through our registration process. To purchase AEN tokens, they also require you to go through our version of KYC. The first bonus for the investor for the private sale and pre-sale period. AEN tokens will be awarded to you upon confirmation of the deposit. The token distribution date will be after the ICO. The exact date will be announced soon. Depending on the stage of application, restrictions on withdrawal will be lifted.

AEN CONTACTS DETAILS

Telegram – https://t.me/AENCO

Facebook – https://www.facebook.com/AENCOIN/

Twitter – https://twitter.com/aencoin

Author: Marlo K. Lucena – marloulucena@gmail.com

What does blockchain mean?

Blockchain is a unique invention: the children of a person or group of people known as Satoshi Nakamoto. But since then it has evolved into something more meaningful, and the main question everyone is asking is this: What is a blockchain?

By allowing digital data to be distributed but not copied, blockchain technology has laid the foundation for a new type of Internet. Originally developed for digital currency, the Bitcoin (Buy Bitcoin) community technology is now finding other potential benefits of the technology.

Bitcoin is called “digital gold” and for good reason. So far, the total value of the currency is about $ 9 billion. And blockchains can do other types of numeric values. Like the Internet (or your car), you don’t need to know how a blocker uses it. However, basic knowledge of this new technology demonstrates why it is considered revolutionary.

Durability and reliability of the blockchain

Blockchain technology is similar to the Internet, in its integrated reliability. By storing the same information blocks in your network, the blockchain cannot:

1. Has no single point of failure.

2. Be under the control of any individual entity.

Bitcoin was invented in 2008. Since then, the bitcoin blockchain has been running smoothly. (So ​​far, all the problems associated with bitcoins are caused by hacking or mismanagement, in other words, these problems arise because of evil intentions and human error, not because of the imperfections of basic concepts).

The Internet itself is almost 30 years old. This is a record that is useful for blockchain technology because it is still evolving.

Who will use the blockchain?

As a web infrastructure, you don’t need to know a chain of blocks to be useful in your life.

Currently, finance offers the most influential uses of technology. For example, international payments. The World Bank estimates that in 2015, more than $ 430 billion in remittances were sent. At the moment there is a high demand for development engineers.

Blockchain potentially reduces intermediaries for this type of transaction. Personal computing has become more accessible to the general public thanks to a graphical user interface (GUI) inventory that has formed a “desktop”. Also, the most common GUIs designed for Blockchain are called so. Wallet applications are used by people to buy things using bitcoin and store them along with other cryptocurrencies.

Online transactions are closely related to identity verification processes. It is easy to imagine that in the coming years applications for portability will change and include other types of identity management.

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Getting started with Crypto

Investing in a cryptocurrency space can be a bit daunting for a traditional investor, as investing directly in a cryptocurrency (CC) requires the use of new tools and the adoption of some new concepts. So if you decide to dip your toes in this market, you want to have a good idea of ​​what to do and what to expect.

Buying and selling CC requires you to choose an exchange that deals with the goods you want to buy and sell, be it Bitcoin, Litecoin or any of the more than 1300 other tokens in the game. In previous editions, we have briefly described the products and services available on multiple exchanges to give you an idea of ​​the different offerings. There are many exchanges to choose from and they all do things their own way. Look for what is important to you, for example:

– Deposit policy, methods and costs in every way

– Withdrawal policy and costs

– What currencies do they use to deposit and withdraw funds

– Goods they deal with, such as crypto coins, gold, silver, etc.

– Transaction costs

– Where is this exchange based? (USA / UK / South Korea / Japan …)

Be prepared to have a detailed and lengthy Exchange setup process, as exchanges usually want to know a lot about you. It’s like creating a new bank account because exchanges are value brokers and they want to be sure that you are who you call yourself and that you are a reliable person to deal with. It seems that “trust” is earned over time, as exchanges usually allow only small amounts of investment.

Your exchange will store your CC for storage. Many offer “cold storage,” which simply means that your coins are stored “offline” until you confirm that you want to do something with them. There is a lot of news about stock market hacking and a lot of stolen coins. Think about the fact that your coins are in something like a bank account on the exchange, but remember that your coins are only digital and that all blockchain transactions are irreversible. Unlike your bank, these exchanges have no deposit insurance, so keep in mind that hackers are always trying their best to get into your cryptocurrencies and steal them. Exchanges typically offer password-protected accounts, and many offer 2-factor authorization schemes – something to seriously consider to protect your account from hackers.

Given that hackers love to hunt on exchanges and your account, we always recommend that you use a digital wallet for coins. Moving coins between an Exchange account and a wallet is relatively easy. Be sure to choose a wallet that contains all the coins you want to buy and sell. Your wallet is also a device with which you “spend” your coins with sellers who accept CC for payment. There are two types of wallets – “hot” and “cold”. Hot wallets are very easy to use, but they leave your coins open to the Internet, but only on your computer, not on an Exchange server. Cold wallets use offline storage media, such as dedicated hardware storage media and simple paper printouts. Using a cold wallet complicates transactions, but they are the most secure.

Your wallet has a “private” key that allows you to authorize all the transactions you want to start. You also have a “public” key that is generalized online so that all users can identify your account when participating with you in the transaction. If hackers get your private key, they can move your coins anywhere, and it’s irreversible.

Despite all the complexity and wild variability, we are confident that core blockchain technology is changing games, and this will revolutionize the way transactions are made.