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Crypto-Currency and Cyber-Currency Market to Boost By 2024 – Report on Growth Factors, Current Trends, Market Size, Analysis, and Projection: Radiant Insights, Inc.

Vlad Poptamas

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Photo source: corporatecomplianceinsights.com
Reading Time: 2 minutes

 

Types, and its applications are increasing across the globe. Cryptocurrency implies a digital coin, moved among people in virtual contacts. Cryptocurrencies could be looked upon only as data and not as physical objects. Cryptocurrencies use reorganized regulators as opposed to central banking systems and central electronic money. Cyber-Currency, also known as “Digital Currency” or “Digital Money” or “Electronic Currency”, is a class of currency available only in digital form, such as coins and banknotes. The cyber-currencies are anticipated to witness additional progress; lowering the cost of bank payments and giving people admission to low-cost worldwide payment schemes. The factors that propel the growth of the Crypto-Currency and Cyber-Currency Market include Cyber currency is beneficial for branding and marketing. Crypto-Currency and Cyber-Currency Market is categorized based on geography into North AmericaLatin AmericaJapanMiddle East and AfricaWestern EuropeAsia Pacific, and Eastern EuropeNorth America accounted for the major share of the Crypto-Currency and Cyber-Currency Market Size in 2018 and will continue to lead in the forecast period.

The key players contributing in the robust growth of the Crypto-Currency and Cyber-Currency Market comprise Dark Web, Crypto-Currency, Dark Net, Enterprise Digital Currency, Consumer Digital Currency, Cyber-Currency, Ethereum, Bitcoin, Ripple, Litecoin, Bitcoin Cash, Stellar, EOS, Cardano, NEO, IOTA, Monero, Tether, and Dash. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry. Worldwide markets are poised to achieve continuing growth as the advantages of digital currency move away from the drug dealers and the criminals to mainstream activities like supply chain management and IoT communications. Cyber currency is useful in marketing and branding. The value of Bitcoin is very volatile. The number of payments that can be handled is low. So why does the cybercurrency hold attractions and have a high market cap? The reason is people can use it to move money around anomalously. This has value to some people. The cyber-currencies are expected to further evolve lowering the cost of bank settlements and giving people access to inexpensive worldwide payments systems.

Access 299 page research report with TOC on “Crypto-Currency and Cyber-Currency Market” available with Radiant Insights, Inc. @ https://www.radiantinsights.com/research/crypto-currency-and-cyber-currency-market   

Bitcoin does face scaling issues that will need to be resolved for its longer-term viability – specifically, transaction processing costs, speed, and energy requirements will need to be addressed.

Worldwide Crypto-Currency market at $1.9 billion market in 2017, is expected to reach $84 billion by 2024.

Companies Profiled

  • Market Leaders

o   Bitcoin

o   Ethereum

o   Ripple

o   Bitcoin Cash

o   Litecoin

o   EOS

o   Cardano

o   Stellar

o   NEO

o   Monero

o   IOTA

o   Dash

o   Tether

  • Key Topics

o   Crypto-Currency

o   Dark Web

o   Dark Net

o   Consumer Digital Currency

o   Enterprise Digital Currency

o   Cyber-Currency

o   Bitcoin

o   Ethereum

o   Ripple

o   Bitcoin Cash

o   Litecoin

o   EOS

o   Cardano

o   Stellar

o   NEO

o   Monero

o   IOTA

o   Dash

o   Tether

Browse reports of similar category available with Radiant Insights, Inc.:

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Thank you for visiting my profile and thank you for reading my news and published press release!


There a many things that shape a man, but the carving is done by the hobbies and passions. I've pursued two main careers, professional photography and webdesign, while also keeping a passion for automobiles, technology and games. At PICANTE NEWS, I take care of news editing and press release publishing in se
veral categories and as I've mentioned, during my spare time, I am also a professional photographer with webdesign skills.

My future plans include developing more journalistic skills and start creating investigative journalism. You can find my reports and press release coverages in the following categories:


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Banking & Financial Service

NetCents Technology Eliminates Blockchain Transaction Delays With Zero Confirmation and Risk Analysis

Vlad Poptamas

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Photo source: cryptocynews.com
Reading Time: 2 minutes

 

NetCents Technology Inc. (“NetCents” or the “Company“) (CSE: NC) (Frankfurt: 26N), is pleased to announce that it has released its Zero Confirmation and Risk Analysis technology that guarantees cryptocurrency transactions before they are confirmed on the blockchain.

“The delay in transaction approval is the biggest hurdle for card present, retail merchant and partner adoption. As it is right now, there is a delay for all cryptocurrency transactions, opening a window for transactions to timeout, fraud, and double spending,” stated Clayton Moore, CEO of NetCents Technology. “The launch of this technology lines up with our POS and terminal integration and rollout. Being integrated with companies like Oracle and PAX, who alone has over 26 million terminals, the delay at the point of sale was something that we knew we needed to eliminate to instill confidence for retail merchants to begin accepting cryptocurrency and avoid transaction delays for the consumer.”

In addition, the Company will be licensing this technology to cryptocurrency payment processors, retailers, and any business that is looking to validate a transaction before the transaction is confirmed on the blockchain. There are currently over 287,000 blockchain transactions per day that this technology can be applied to. With the wait time currently being the biggest hurdle for retail adoption, this technology eliminates that hurdle which the Company anticipates will further drive merchant and transaction growth.

The NetCents Zero Confirmation and Risk Analysis technology facilitates near-instant, risk-mitigated commerce, guaranteeing the cryptocurrency transaction before it is confirmed by miners on the blockchain. The technology provides a score for each transaction, guaranteeing the transaction against double spend, expiration, and other fraud. If the transaction passes the NetCents scoring algorithm, the transaction is approved with 0 confirmations. At launch, the Company will be using this technology for all Bitcoin transactions and will be rolling out for Litecoin and Bitcoin Cash transactions within the next 6-weeks.

This platform enhancement reduces the wait time at point of sale transactions which the Company has seen take up to 30 minutes. With Zero Confirmation and Risk Analysis, NetCents is now able to deliver near real-time confirmation for 98% of all Bitcoin transactions.

 

SOURCE NetCents Technology Inc.

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Asia

OKEx Revisited Bangkok After Launch of Thai Baht Trading

Vlad Poptamas

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Photo source: livetradingnews.com
Reading Time: 1 minute

 

OKEx, a Malta-based world-leading digital asset exchange, has made a stop-over to Bangkok to bring industry leaders together to exchange ideas on blockchain technology. In view of the fast-growing digital asset community in Thailand, OKEx has launched the C2C (customer-to-customer) fiat-to-token trading service for Thai Baht (THB) on its platform, filling the high demand in the global markets, and at the same time, fulfilling its role of a trailblazer in driving blockchain adoption globally.

OKEx experienced a full-bloomed blockchain mindXchange

Throughout the “mindXchange” session, industry talents Nattapon Nimakul, Tech Lead of Katinrun & CTO of Kulap, Jake Choi, Chief Marketing Officer of Fantom Foundation, Sivanus Yamdee (Go), CEO and Co-founder of Coin Asset Exchange and Jirayut Srupsrisopa, CEO of Bitkub have discussed the importance of raising awareness of blockchain in the community, and shared insight on the latest regulatory development in the Thai digital asset space and how to accelerate the ecosystem.

OKEx Launches Thai Baht (THB) C2C Trading

OKEx launched Thai Baht (THB) on its C2C trading platform, currently supporting the BTC, USDT, ETH, and LTC trading pairs. Users can complete KYC verification to be eligible to buy/sell digital assets with Thai Baht.

For more details, please visit OKEx website.

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Banking & Financial Service

Bitstop Unveils Next Generation Bitcoin ATM at EuroCIS Conference

Vlad Poptamas

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Bitstop Unveils Next Generation Bitcoin ATM at EuroCIS Conference
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Bitcoin ATM pioneer Bitstop has partnered with KIOSK Information Systems(KIOSK), the largest custom self-service solution provider in North America, to bring their next generation Bitcoin ATM to market, enabling customers to easily buy and sell bitcoin and other digital currencies. KIOSK, along with their parent company Posiflex, will be featuring the new Bitstop Bitcoin ATM at the EuroCIS conference in Posiflex’s booth #C42/Hall 9.

Bitstop’s Bitcoin ATM software platform paired with KIOSK’s industry-leading hardware sets a new standard in the Bitcoin ATM Industry, an industry that has grown from nothing five years ago to over 4,000 Bitcoin ATMs in 2018 (coinatmradar.com). Over 1000 Bitcoin ATMs have been installed in Europe with deployments all over GermanyAustriaSpainItalyPortugalPoland and the United Kingdom. Worldwide, new deployments are happening daily.

Bitcoin ATMs allow retailers to monetize unused floor space and drive additional foot traffic to the store. Bitcoin ATMs are becoming more common in typical retail storefronts such as supermarkets, malls, petrol stations, hotels & airports.

On the Bitcoin ATM solution partnership announcement, William Butler, KIOSK CEO, said, “Bitstop is one of the most knowledgeable companies in the Bitcoin ATM industry and we’re very happy to be working with them. It’s exciting to be on the forefront of a new financial self-service application with such tremendous growth potential.”

Andrew Barnard, Bitstop’s CEO & Co-Founder, states, “Bitcoin ATMs are one of the few businesses in Bitcoin and Blockchain that can actually produce revenue. That’s why we designed an easy Bitcoin ATM solution that other operators can manage along with our support. Our partnership combines Bitstop’s deep knowledge and experience in the Bitcoin ATM industry with KIOSK’s 25+ years of industry-leading design and engineering experience. The result is a simple, secure and reliable Bitcoin ATM that benefits the consumer, operator and retailer.”

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