CoinText.io, a cryptocurrency wallet provider that enables users to conduct bitcoin cash transfers without internet through text message has launched its Bitcoin Cash (BCH) wallet in Bangladesh. "Bangladesh is the ideal country for CoinText," explains CoinText founder and CTO Vin Armani. "Very few people have smartphones or cellular data in Bangladesh. CoinText
Tag: Bitcoin
UNICEF France accepts crypto donations
The French office of the United Nations Children’s Fund (UNICEF) has announced that it will begin to accept donations in cryptocurrency. Following the success of GameChaingers, a crypto fundraising program launched in February of this year, UNICEF France announced it is now accepting donations in nine cryptocurrencies, including bitcoin, ethereum, Litecoin,
MIT’S INTERESTING PROPOSAL FOR A MORE STABLE FINANCIAL SYSTEM
On the 16th of January 2018, three diamond firms approached Punjab National Bank requesting LOUs. (Letter of Understanding is a form of bank guarantee under which its customers can raise money from any other Indian bank’s foreign branch in the form of a short-term credit). Punjab National Bank demanded 100%
DISTRIBUTED LEDGER TECHNOLOGY
It seems everybody is talking about it, but in reality, it is relatively small. It is generating a huge hype, but few have the underlying fundamentals. When bitcoin first emerged back in 2009, it was described as a ‘cryptocurrency’ based on ‘blockchain’ using ‘DLT’.DLT is the generic name for various implementation
HOW IT ALL BEGAN- THE BIRTH OF THE BLOCKCHAIN TECHNOLOGY
The Blockchain technology was first conceptualized in 2008 by Satoshi Nakamoto, a pseudonym used by an anonymous person. Nakamoto implemented the technology in 2009 as a core component of bitcoin, the first ever cryptocurrency. Bitcoin, and subsequently other cryptocurrencies that followed on Nakamoto’s footsteps, effectively decentralized transaction for the first
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WE DO NOT COMPETE IN PRICE, WE ADD VALUE TO THE CLIENT’S BUSINESS
With 87 thousand people working in more than 1,200 branches across 70 odd countries,Standard Chartered Bank (SCB)continues to be a vital global force in banking and finance. In its century old presence in Bangladesh, 112 years to be exact, the bank has always been a trend setter in the industry. Having
SILICON VALLEY IS HOT ON A NEW CRYPTOCURRENCY
BITCOIN REACHES RECORD HIGH
Digital currency bitcoin hit a record high on May 9 as demand for crypto-assets soared with the creation of new tokens to raise funding for start-ups using blockchain technology, reported news agency Reuters. Blockchain, the underlying technology behind bitcoin, is a financial ledger maintained by a network of computers that can track
BLOCKCHAIN:PUZZLE SOLVED
Blockchain’ is a computer application based on Distributed Ledger Technology (DLT) and got the attention for being behind the cryptocurrency ‘Bitcoin’. DLT is a recent innovation and possess characteristics to be able to emerge as a better alternative to the existing centralized record keeping technique. Distributed Ledger is a combination
