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Magpost sa Maling Seksyon >Negative Karma
Magpost ng Walang Kabuluhan > Negative Karma
Maraming Negative Karma > Walang puntos para sayo

Via: admin

Syempre Golden State Warriors ako. May Step na may Durant pa. Dumalaw pa dito sa Pilipinas si pareng Curry ng nakaraan lang.

Credits: BitPinas

Blockchains have become very popular nowadays. Blocks of data or records are linked with others using cryptography, and the list keeps growing to form blockchains. There are also private blockchains which are used for business purposes. Blockchain helps in distribution of data, but it doesn’t let data to be copied. The digital ledger is programmed to record business transactions and the economic value of the operations. It stands incorruptible, yet. Every block has a timestamp, cryptographic hash and transaction data of the previous block.

The cryptographic hash is used in cryptography, and it is a mathematical algorithm which was created for mapping data of any size with a bit string of size that of the hash. It is a one-way function which can’t be inverted thus preventing corruption. The time stamp records the time needed to create and modify the data. Blockchains became very popular due to cryptocurrencies. Many companies are using bitcoin exchange scripts and even offering escrow services. But, later business ideas kept brewing as companies realized, blockchain technology could be used as the virtual bank that can accept money, move money and make other transactions. It is better than online baking as it involves monitoring, regulation and other restrictions like business hours. Let us see different ways in which blockchain technology has helped business sectors.

Blockchain Technology in Business

Efficient Supply in the Chain
The blockchain can be accessed by all the people in the network. Due to this shared feature, the efficiency of supply in the chain has, and there is better collaboration between multiple companies. In case of any disputes or exceptions, there is a streamlined resolution process to solve it. It allows incorporating Internet of Things which helps in further expanding of data flows.

Improved Processes in Sales
Any business sales are based on responsibility and relationships between parties. The blockchain technology helps in making trusted relationships at affordable prices. It has made payment more secure and reliable.

Speed and Ease of Transactions
The blockchain can even replace banks owing to its speed and how easily transactions are made. There is no involvement of a third party or middleman as it is a decentralized medium of the operation which makes it even faster. The processing of credit cards and financial transactions happen in no time.

Clarity In Transactions
It all started with bitcoin and other cryptocurrencies, but it became so popular later that other shipping companies are also incorporating it due to its distributed database technology which has transparency. This distributed ledger is made public, and everyone in the network can view the transactions made in the records. Every person who is involved with the transaction can read it but can’t change or tamper the data. This is how the ledger is entirely secure yet transparent. Individual information can be added to view their entire transaction. Due to this technology, the documentation has lessened as data can be accessed securely in real-time. Customers can also track their shipments via this process and speed up its compliance process.

Simplicity In Exchanging Data
There is a lot of documentation which has to be handled by a company like billing, declarations of customers, certificates of origin and others. Before these documentations reach the desired users, they pass into different hands, and the data might get tampered. The blockchain technology is used by distributors, companies and other regulators to access real-time information using apps. This makes sure that the accurate information is reaching the customer in real time and there is not much paper documentation involved.

Payment Transactions
The blockchain was mainly designed for the financial industry, and it has enabled smooth transactions of money. There are algorithms which verify digital signatures when a payment is made, and smart contracts are used to evaluate the sum. These apps send the payment to the distributors, manufacturer, and shipper automatically.

Better Delivery
Due to difficult transportations, many shipments were damaged and lost. This affects the impression of the company in front of the customer, and this can lead to the loss of the company. By using blockchain technologies, the transparency is enhanced, and anybody can track his asset in real time. Customers are also provided with the facility to give reviews to the transaction and information regarding the blockchain services. To ensure the products are of high quality, they can also check the certificate of origin of the manufacturer. The entre information of the blockchain can be viewed to verify in which part of the supply chain, the damage was done. This makes it easier for the customer to file a complaint.

Advertising and Marketing
There has been a lot of click fraud going on which is causing a loss in the company. It is necessary to use blockchain technology to ensure that click fraud is reduced dramatically and the advertising and marketing executives make the most profit and reach the target. The blockchain technology can be used to prevent fraud in many sectors like banking. This can be extended to programmatic media buying if the system can monitor and control the budget. The investment made initially to the media until the final when the content was published can be tracked by the advertisers which could reduce the risk of charging more or less.

Human Resources
The human resources decide how to direct, coordinate the interview, recruit and hire new employees. They do strategic planning by consulting with the top executives. They also determine the benefits, compensation, training and other such factors. The blockchain technologies will soon be incorporated to hire new employees. They will allow the HR professionals to verify the credentials of the candidates who have applied for the job. This will reduce the chances of any of third-party company that provides with wrong information and details of an individual who was working there previously or is going to be hired. Blockchain will also be affecting the payroll in the multinational companies who have foreign employees. The payments will be standardized and made simple using blockchain. It will also change the way how employees are going to save money for their future after retirement.

In Conclusion

Blockchain technology has excellent potential to distinguish between smart and dumb money. Although it all started for bitcoins, now it is being incorporated in various sectors, and companies can be transformed using this technology.

Reference:
https://bitpinas.com/

Cypto markets have seen another decline today, with most of the top 20 coins by market cap in the red, according to data from CoinMarketCap. The majority of altcoins are has recorded losses reaching around 5-6 percent among those top 20 currencies.





Bitcoin (BTC) is slightly down today and currently trading $6,238 which is around 0.3% loss over the past 24 hours.

"Weekly Bitcoin Price Chart: Coin telegraph"



Ethereum (ETH) is also seeing significant losses today, with its price point having dropped below $190. The top altcoin is now trading at around $181, down roughly 4% over a 24 hour period.

"Weekly Ethereum Price Chart: Coin telegraph"



Total market capitalization has dropped to $191 billion, which is the lowest point since early November 2017, according to CoinMarketCap. At press time, the losses of the crypto market over the past 7 days constituted around 20 percent, down from about $239 billion on September 4.

"Weekly Total Market Capitalization: CoinMarketCap"



In another wave of red, Bitcoin still continues gaining momentum in terms of market share, demonstrating a significant growth in its dominance over the altcoins. The percent of Bitcoin’s dominance has now reached 56.9 percent for the first time since December 16, 2017, which is the day before Bitcoin soared to its the all-time high of $20,000.

"Weekly Percentage of Total Market Cap"



In terms of the biggest losses among the top 20 cryptocurrencies over the day, Bitcoin Cash (BCH) and VeChain (VET) have suffered the most, seeing more than 5 percent declines over a 24 hour period. BCH is down about 5.4 percent, trading at around $445, while VeChain has dropped by around 6.2 percent, and trades at about $0.01 at press time.

Ripple (XRP), the third top cryptocurrency by market cap, is down about 2.4 percent over the past 24 hours, and trades at around $0.25 at press time.

While most of the altcoins are seeing another downward trend, controversial Tezos (XTZ) is up almost 12 percent instead. The altcoin is trading at about $1.34 at press time, still down more than 7 percent over the past 7 days, following the recent market sell-off.

Earlier today, the founder of the exchange services operator OKCoin and the second-largest crypto exchange OKEx Star Xu, was reportedly detained in China due to allegations of his involvement in reported cryptocurrency fraud.

Yesterday, Chinese social media giant WeChat reportedly banned the official sales channels of mining firm Bitmain, as well as other crypto “hype news” channels.

Reference:
Helen Partz (2018), https://www.cointelegraph.com

Credits: Wikihow

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Alternative cryptocurrencies which are known as Altcoins are digital virtual cryptocurrencies that has blockchain, miners and wallets (see unusual words in terminologies section). This describes all decentralized currencies besides Bitcoin. Most of the beginners ask questions about how these altcoins work and what is the main reason why they existed.

The first cryptocurrency, Bitcoin, has its own flaws when it comes to rules and regulations.

"There are all conscious choices that were made when Bitcoin protocol was designed, but there's nothing that says those rules can change."
-Danny Bradburry, Basic Guide for Altcoins

According to Bradburry (2016), the team behind bitcoin doesn't input big changes but behind them are these good reasons. First, Bitcoins, now, has a market capitalization making billions of dollars. Making changes may create problems in those business people who rely in this popular cryptocurrency. Also, there can only be 21 million bitcoins which are distributed in the world. It is using a lot of computing power which is specifically designed to mine bitcoin quickly.

Bitcoin adopters claim that altcoins aren't the necessary because they cannot compete in Bitcoin's popularity and structure. On the other hand, the main purpose of altcoins is to bring decentralization that strives constant improvement while having a healthy competition which is salient in bitcoin.

While bitcoin tries to improve, altcoins came into the market. The first born altcoin in mid 2011 was Namecoin. Its purpose is to assist the decentralized online identities that will make a complicated implementation and enforcement.

The computers, miners, are one part of a block chain network that supports in verifying and recording of transactions of cryptocurrency. The act of mining offers the computing power to the network in exchange for some valuable cryptocoins.

Some examples of popular altcoins are Litecoin, which has a high market value and is more stable than Bitcoin and another choice is Ethereum which runs second.



For more information just go to the following references:
https://corporate finance institute.com
https://cryptocurrency facts.com
https://www.the balance.com
https://cryptopotato.com
 
Additional Info's are greatly appreciated.

Paano ba mag post ng mga image? Nais ko sanang maa mapaganda ang mga post ko ng sa gayon ay maging kaakit akit itong tingnan.
Salamat mga paps.