Ecuador’s exclusive electronic payment system: towards dedollarization?

After 15 years of making efforts to improve its monetary system, Ecuador is once again changing its payment transactions, now with the help of digital currencies. The South American country’s new monetary system, which launched in its entirety last February, was the first government electronic payment system. Last December, Ecuador’s Sistema de Dinero Electrico allowed …

International regulations on cryptocurrencies will create profitable situations

The background The initial offering of coins on blockchain platforms colored the world red for technology startups around the world. A decentralized network that can distribute tokens to consumers supporting a money idea is both revolutionary and rewarding. Profitable bitcoin proved to be an “asset” for early investors, giving multiple returns in 2017. Investors and …

How Blockchain can enhance marketing strategies

Blockchain is a technology that is booming at an incredible rate. When bitcoin was released, blockchain technology was limited to cryptocurrencies. Today, more and more industries are exploring the benefits that come with this technology. Marketing is one of the industries that benefits greatly from blockchain. This technology solves major problems facing the marketing industry. …

The role of customer service – why it is important for your business

Plan to get financial data: Blockchain technology is typically present in the financial sector, but it could transform the number of industries and range from the Internet of Things (IoT), which supports healthcare, and the supply chain to the arts and entertainment. The blockchain expert explains that the technologies have a wide range, ranging from …

Has cryptocurrency become the dream investment of every Indian?

Rich rewards often lead to great risks, and the same goes for the highly volatile cryptocurrency market. Uncertainty in 2020 worldwide has led to increased interest from the masses and large institutional investors in trading in cryptocurrencies, a class of assets of the new era. Increasing digitalisation, a flexible regulatory framework and lifting the Supreme …