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.
Fast Listing feature allows users to trade newly added tokens in a more convenient way by using the Rubic platform. Analytics suggests the launch of the feature will speed up the trading process, as well as boosting the trading volume on the platform.
Bitcoin and cryptocurrency traders in India are not benefiting from the industry following the ban of cryptocurrency activities by the Reserve Bank of India (RBI) in April last year, and this is making their social life hard. The peer-to-peer (P2P) system that was developed by cryptoasset exchanges has some voids in it and hackers have taken advantage of this to fraud people and most of them have become or are yet to be victims.
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.