Every enterprise today that does business in finance, healthcare, and supply chain management is eyeing or adopting blockchain technology. Its impact is opportunistic for these industries as it is a secure ledger system that has numerous applications. The revolutionizing transactional capabilities of Blockchain in Finance offers prospective gains of over $2 trillion by the end […]
The climbing value of cryptocurrencies is proof of the global growth of the crypto market, whose current valuation exceeds the sum of $2.50 trillion. While everyone is primarily aware of what cryptocurrency tokens are – a programmable unit of currency tied to a blockchain that also supports smart contracts and other applications – knowing how […]
All the hype that got NFTs in the limelight to the millions of audiences across the globe is producing more crypto NFT artists or is making traditional artists adopt the crypto world at an unprecedented rate. Seeing the success of NFTs, from famous artists, athletes, musicians to gamers, everyone wants a piece of NFT income […]
The rise of cryptocurrencies into global financial markets has changed the game for various industries relying on traditional payment methods. The influence of cryptocurrencies has also led to the emergence of NFTs, which are proving to be immensely profitable for those who own, create, or sell them. The NFT boom has enveloped the Art industry […]
Trading assets and stocks is another component of the global financial system, which can arguably also be deemed as the backbone of it. After the digitalization of monetary practices, the biggest market disruptor since the great recession is the emergence of crypto finance. Crypto financial markets are large and wide based on the commodities they […]
The outdated means of ownership of collectibles and art is replaced with collecting NFTs in the present era, where digital ownership of assets has built a billion-dollar NFT industry within a dozen months. Various kinds of artists who previously had to rely on traditional means to sell art are now minting NFTs. From GIFs, Artworks, […]
Cryptocurrencies are believed to overtake the traditional modes of payment in the upcoming decades. Although it currently does not eclipse most global transactions made using fiat money, the blockchain-based payment system of cryptocurrencies under various Decentralized Finance(DeFi) projects offers bright prospects for altering our international financial mechanics. Inside this crypto market that has been the […]
The Indian economy is counted among the largest economies of the world. It is currently projected to grow by 10% compared to the previous year when the NFTs and cryptocurrencies began to gain global traction among the audiences. The vast majority of the Indian population currently owns various digital means of communication which amounts to […]
Non Fungible Tokens (NFTs) have existed for a long time, but their events of gathering immense popularity among global audiences are only recent. These tokens are selling quicker than the tickets for NBA games, where crypto NFT artists are walking away with tens of millions of dollars by simply selling one or a few pieces […]
The basic rule of economics states that the value of an item depends on its scarcity. It has long dictated the global trade rates of crude oil, precious metals, and gems apart from exchanging fiat money worldwide. This rule equally applies to the possession and trade of collectible items, such as precious paintings and assets […]