As the number of DEFI protocols and applications is growing, hacks and breaches come with them. Thus insurance’s importance is becoming a crucial concern about investors. But traditional insurances will not get in the crypto world. So what about creating a p2p insurance. Following the decentralized philosophy of the blockchain, we can ensure ourselves without any centralized entity.
There is a theory that Japan is the mother country of Bitcoin. Regardless of whether it is true or not, it was among the first countries to start making virtual currency transactions. Besides, Japan was the first country to solve the problem of double-spending for crypto using the P2P structure.
In this era of the Covid-19 pandemic where peer-to-peer (P2P) transactions are being discouraged, investors are starting to develop new effective alternatives of transacting. One of the alternatives is using Bitcoin automated teller machine (ATMs), a digital banking outlet which enables cryptocurrency users to conduct pivotal transactions without the aid of a P2P trader. Crypto ATMs are one of the swiftest means to purchase and sell digital currencies.
Blockchain offered the world a new model for a p2p economy, introducing free global trade without intermediaries and reliable storage of value without the fear of seizure or account freeze by regulators. Along with this new paradigm of money arrived a new paradigm of fundraising. The so-called ICO (initial coin offerings) gave businesses easy and global access to investor money and provided investors themselves with endless opportunities.
Italy, the world’s number 4 as far as the use of blockchain technology is concerned, still needs more blockchain implementation. The epoch of energy, innovation and digitalization is contributing a fundamental transformation.
Digital currencies have gained much momentum globally, including in South America. The World Bank recently issued a report and indicated that only 49% of adults in S. America have access to banks. Overall, it is difficult to create a new bank account since it involves multiple processes (bureaucracy) and weighty maintenance costs.
Humancoin is a new massive cryptocurrency fuelled by the Proof of Charity mining protocol (which allows to scale it thousands of times). It is also a breakthrough blockchain project, which unites philanthropists and recipients of funds on a single platform in the most convenient and transparent way possible.
RAD Lending is announcing it’s Pre-ICO, the RAD tokens will be available to all investors, including U.S. accredited investors. The proposed RAD products include a p2p crypto-secured lending platform with revenue profit sharing, a crypto-backed card with a credit limit, digital credit scoring and credit history, and a potential decentralized blockchain-agnostic escrow service for managing security deposit across various blockchains.