Blockchain Essay

Vertical, horizontal, or both? In the case of Social media, it might become more vertically integrated. Having companies invest in their own automation processes might drive the industry to be more vertical. For small social media companies, this might reduce their cost by lowering production costs. In the future social media, it will have every tool without needing another source. Communications, commerce, audience and advertising will be in a single platform. However, there is room for…

ecent Wall Street Journal article “Toys ‘R’ Us Preparing for Potential Bankruptcy Filing Before Holidays” by Lillian Rizzo and Soma Biswas highlighted both the financial and competitive difficulties that Toys “R” Us currently faces. The article stated that increased competition from online shopping venues created unfavorable conditions for Toys “R” Us, including lower prices and fewer consumers making purchases in-person. Additionally, “Amazon’s toy sales were up 24% last year, compared with…

recently released Coindesk report, $327 million was raised through ICOs in 2017, compared to $295 million that was realized through venture capital funding. Additionally, ICOs seem to deliver the goods faster than any other funding method. Recently, a blockchain project named BitBlissCoin raised a mouthwatering $510,000 within 48 hours through…

control of their finances. It is also meant to be a complementary source of digital currency to Bitcoin. Even though Litecoin is very similar to Bitcoin, there are some significant differences that separate the two. First, Litecoin created a “blockchain” which allows a larger volume of transactions to occur.12 This allows users to receive faster confirmations and to make larger purchases. Second, with every “block” made, users receive a extra 25 litecoins which Bitcoin does not offer. In…

Topic: Buying Bitcoin with PayPal Written by: Sonia As the world continues to progress at a fast pace, technology seems to be growing even faster. We have progresses from radio to television, from theatres to home video, from records to MP3’s and now, from paper money or physical currency… to virtual currency or otherwise known as Cryptocurrencies. Bitcoin, Litecoin and Dogecoin are a few popular virtual currency and are gaining tremendous amount of popularity and notoriety these days. This…