Recent research by a group of scientists has stated that blockchain technology could be used to enhance collaborative exploration and development in response to global pandemics such as COVID-19 through well-timed research collaborations, decentralization, and anonymity of essential information among governments.
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One of the most important features of cryptocurrency is its ability to offer a user full anonymity and privacy. Is it good? A challenging question. For most people tend to believe that anonymity is something important only for fraudsters and criminals. And this is partially true. However, ordinary people also need privacy to protect their everyday life.
Every individual, company or organization needs privacy in one way or another and that is why the cryptocurrency community has for quite a long time been calling for it. After hearing the major privacy concern in the blockchain and finance sector, JPMorgan Chase assembled its tools and created a privacy feature for Ether-based blockchains which is fully companionable with the smart contracts platform. The novel feature will be working in the same way like Monero’s anonymity, additionally, it will not be displaying the details of both the sender and the receiver, and go on to store the amount transacted in a more transparent manner.
There is no doubt that cryptocurrency and Blockchain technology is also attractive for the sentiments of mystery and anonymity that surrounds it in Italy. The 2017 cryptocurrency bubble also contributes much to the mixed reactions and speculations in the market.
One of the core ideas of cryptocurrency is anonymity. The creator of bitcoin, Satoshi Nakamoto, is still the biggest mystery in the industry, as he (or she, or they) decided to hide his (or her, or their) true identity. That’s why there are cases where top leaders in the crypto community use nicknames, even if they run cryptocurrency exchanges. Is this ethical?
The gambling industry is one of the most prospective spheres today. The gross win of the global gambling market reached $465 billion in 2017 and is expected to show continued and stable growth. Both online and offline casinos are now interested in the benefits of the cryptocurrency industry, like anonymity and transparency in their business, which could bring a new wave of investments.