Finance forum: Blockchain technology


Blockchain is a computer technology based on cryptography. It’s a digital directory made up of a continuously expandable list of data records, or data blocks (“blockchains”). This interlinking data, structured according to the chronological order in which the new blocks were entered and approved by the system, ensures that each block in the chain has a unique value. The technology is mostly seen as IT infrastructure for bitcoins and other cryptocurrencies.


Dogecoin surges, doubles in a week

Posted on 07.05.2021

Dogecoin, a bitcoin competitor that was created as a joke in 2013, has more than doubled in price in the last seven days since being accepted by two mainstream exchange platforms. Gemini, a cryptocurrency exchange, revealed today that it would make the peer-to-peer online currency open to consumers, a day after eToro introduced it to its trading app. Dogecoin, a digital currency based on an internet dog joke, was selling for $0.68c (50p) on the 6th of May. It was at $0.30 a week earlier (22p). ...

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First NTF investment firm set for London IPO: time to get in?

Posted on 05.04.2021

Mike Edwards and Jonathan Bixby, founders of Guild Esports Plc and Cellular Goods Plc, are turning their attention to a popular phenomenon in the crypto world: Non-fungible tokens (NFTs). The two entrepreneurs created the firm NFT Investments in order to capitalize on the booming NFT market and now plan to take the company public. According to initial details, the firm will be listed on the Aquis Stock Exchange with the company being valued at 25 million pounds. The initial offering will co ...

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Financial advisors need to get up to speed with NFTs

Posted on 23.03.2021

Since the emergence of blockchain technology, many other crypto technologies have sprung up. NFTs, or non-fungible tokens, are the most recent example of that. With interest in alternative investments taking the financial world by storm, financial advisors need to prepare themselves for inevitable conversations about NFTs, particularly with their younger clientele. Why the fuss? NFTs are data units on a blockchain, and each NFT can represent a unique digital asset such ...

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