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Witnessing the digital breakthrough


One More Time About Libra: Future Money or Another Unsuccessful Project?
Forecasts   |   13.08.19  |  

Libra is the most popular crypto project in recent months. Bitnewstoday has collected some information about it and spoke to several experts asking if they believe in its success Five years ago, crypto enthusiasts were the object of ridicule. Nowadays, only the announcement of the launch of another coin makes politicians nervous. Below are reflections on whether Facebook’s payment tool can affect the future position of credit institutions and payment systems. If you are somehow unaware: what is...

TOP-5 Forecasts on Libra Impact on Decentralised Finance (DeFi) Industry
Forecasts   |   02.07.19  |  

... their own cryptocurrency Libra is the most discussed event in the crypto community in 2019. In this article, I will not analyse Libra from a technological point of view, because at least for me there is no technological novelty, but I will make my TOP-5 forecasts of how this project may impact crypto finance or the decentralised finance (DeFi) industry. #1. More unicorn coins I think Facebook will be a role model for other super big social networks, messengers, e-commerce, and other online sites with ...

Robots To Blame: 3 Mln Workers Are Under Threat In Italy
Artificial-intelligence   |   14.05.19  |  

... labour market. Robotization is to blame for it all. According to the report of Club Ambrosetti, think tank of Italian industrialists and entrepreneurs, the reduction of 3 mln jobs is going to happen in another 15 years. However, this is an optimistic forecast, while a pessimistic one predicts a loss of 4.3 mln jobs. The most affected sectors are the manufacturing industry (840,000), trade (602,000), real estate (302,000), agriculture and fishery (225,000) and construction (205,000). The infestation ...

Study: The Opportunities For InsurTech In The Next Five Years
Forecasts   |   29.03.19  |  

In 2018, InsurTech was one of the most rapidly developing segments of the digital economy. The new large-scale report predicts the future of the industry In 2018, InsurTech was one of the most attractive and rapidly developing segments of the digital economy. As Bitnewstoday wrote earlier, 80% of traditional insurance market players saw a threat in an upcoming technological breakthrough. Changes are inevitable: a vast number — about 70% — of consumers, aged 18 to 30 years, does not trust the traditional...

Davos Aftermath: Investors Scold Bitcoin And Praise The Blockchain
Cryptocurrencies-analysis   |   30.01.19  |  

The World Economic Forum 2019 is over. However, it is worth noting that the rhetoric regarding cryptocurrencies was mostly far from positive. Is that a tradition or what? The World Economic Forum (WEF) in Davos, Switzerland ended. Since there is always a kind of a tradition to make a summary, it is worth noting that the rhetoric regarding cryptocurrency and Bitcoin was, to put it mildly, far from positive. A rather strange situation — the general impression of the forum was mostly negative in media...

Stablecoins Are Named Among The Most Promising Trends Of 2019. Is That True?
Forecasts   |   23.01.19  |  

The stability in times of high volatility is called the main advantage which stablecoins obtain. But what are the negative sides of these projects? For the last several months, stablecoins are referred to as one of the most dominating trends in 2019. The national cryptocurrencies are next to this phenomenon and are also widely discussed. It is quite understandable — up to date, the most popular and successful stablecoins are backed with fiat currency like US dollars. In addition to any fiat backed...

ICO Transformation: The Rise And Fall Of Digital Tokens’ Market
Guest-posts   |   21.01.19  |  

Two years ago the world faced the ICO phenomenon — a fundraising method through the emission and sale of digital tokens. Read the retrospective by Dmitry Machikhin Two years ago the world realized what ICO was: a method of early project financing through the emission and sale of digital tokens. The thought still misleads some people that it was Vitalik Buterin who created ICO and conducted the very first one. Let’s make it clear: the pioneer was the Mastercoin project, which collected $500,000...

What is the best cryptocurrency to invest in 2019
Cryptocurrencies-analysis   |   29.12.18  |  

Investments in Bitcoin in 2018 didn’t make profit. The situation on the digital assets market is not so positive, but lots of investors see the bright sides and new opportunities Bitcoin turned out to become of the most unprofitable investments for 2018 comparing to other financial instruments. However, a vast number of various cryptocurrencies lost up to 95% of their maximum value throughout the year. The situation on the digital assets market looks quite deplorable. Nevertheless, lots of investors...

Chaotic Volatility: Unpredictable Trends Of 2019 - To The Moon or Not?
Forecasts   |   19.12.18  |  

If there any prerequisites telling about the mass adoption of cryptocurrencies in 2019? Why mining is not going to die despite of significant loses of giants? And what may kill the cryptocurrencies? All about this you can find in the interview with director of the Australian crypto managed fund According the chaotic volatility of cryptocurrency in the current months and big expectations from the big launches like BakkT or ETF, and controversial views on mining, it’s hard to predict, what will the...