Bitcoin was invented to be P2P digital cash that can be transferred over the internet. Subsequently, many other cryptocurrencies have been created, starting from some fixed points taken from Bitcoin and differentiating in other characteristics. One of the founding characteristics is that cryptocurrencies have no geographical and political boundaries.
Just as the web is the information network, the blockchain is the value network. Cryptocurrencies allow you to transfer value to any point of the network, without having any constraints linked to central banks or governments. …
Switzerland as preferred location for crypto companies
In 2014, the Ethereum Foundation chose Switzerland as the most suitable location for its activities, which now has become famous all over the world as the “Crypto Valley”. Since then, many other companies have chosen Switzerland as their headquarters up to the recent case of the Libra Association that raised the interest of the world’s leading governments for its project of a global stablecoin, which is usable on Facebook.
The latest research data shows that the total number of companies in Crypto Valley alone is 919, while employment has increased to 4,784 people…
If you’re like most people, chances are when you hear the word “Bitcoin or Cryptocurrency”, you would shrug your shoulders and say “your guess is as good as mine.” But as with much of the finance world — which deliberately uses confusing and complicated language — you feel lost and skeptical.
Marco Lavanna, Founder and Chairman of the Board of the Monetum ecosystem, enlightens both early adopters and newcomers with some insights and exciting news. Before the world was disrupted by the concept of blockchain, Marco was one of the pioneers of the e-Gold exchanges in the 1990s. …
Starting in the summer of 2020, the Ethereum network has been overloaded with heavy use of DeFi smart contracts that allow users to transact directly with each other, without relying on centralized exchanges (CEX).
One of the most common cases is that of an exchange between ERC-20 tokens using decentralized exchanges (DEX), an idea that dates back to the beginnings of Ethereum but which until this year had not yet had a full spread, until the boom of DeFi.
DEXs are exchange markets available in various forms, united by a fundamental point: they do not hold the crypto assets of…
A Cryptocurrency wallet is a container of a user’s public addresses and private keys pairs. Addresses are like bank account numbers, and private keys are similar to passwords.
Users can have many addresses and private keys, the wallet simplifies the management and facilitates sending cryptocurrencies. Similar to an online banking app, but without the need to receive any authorization to open it.
Crypto is an open technology, you don’t need permission to open a wallet and start receiving and sending cryptocurrency.
Crypto wallet types
Wallets can be desktop (install on your computer), mobile apps, or browser based.
The most important…
Cryptocurrency is a form of digital money with no physical coins or bills: it’s all online recorded on a public digital ledger. You can transfer cryptocurrency to someone without the need for an intermediary, as is required in the case of the dollar or euro with the presence of a bank or other payment institution.
People can use cryptocurrencies for quick payments and low transaction costs. Or consider cryptocurrencies as an investment, hoping that their value will increase. …
Cryptocurrencies are a great opportunity for all businesses, mainly for the following reasons: costs, borderless payments, marketing action, innovation at minimal costs, and reduction of payment fraud.
Opening a cryptocurrency account has zero costs. Transactions have a zero cost in receiving and a minimum cost in sending. Businesses have no fixed costs to pay, unlike what happens with banks and credit cards. If your business decides to convert cryptocurrencies into fiat currency (Euro, Dollar, etc.) it pays a small commission.
Adopting cryptocurrencies as a payment system accepted by your business is a way of showing openness…
Apr. 2019, ISSUE 01
Private Sale Phase is On!
Yury Sapezhinsky joins the Monetum Team.
ICO NEWS — PRIVATE SALE PHASE IS ON!
Private sales phase kick-off: The team is busy meeting with potential contributors, Angels and VC fund representatives. The goal is to bring onboard sponsors aligned with our vision, real partners. The private sale phase started less than thirty days and we already secured more than half a million Euros in contribution. Our aim is to collect 7.5 million Euros as soft cap by the end of the public sale phase.