Service

A service is one of the "intangible goods" that can be described as a transaction in which no goods but rather a beneficial favor is transferred from the seller to the buyer. Services can not be manufactured, transported or stocked.

The first services on the cryptocurrency market are mining, storing, trading and exchange. Following the growth of the cryptocurrency sector, the amount of services available to be purchased via bitcoins and altcoins is continuously growing. 

PayPal Screws Up Its Cryptocurrency Service, Causing a Price Plunge
Nov 29, 2020 at 13:39
News
PayPal Screws Up Its Cryptocurrency Service, Causing a Price Plunge
Recently, the payment merchant PayPal entered the cryptocurrency industry by having launched a buy and sell services. This event caused a drastic bull run of most major cryptocurrencies. However, soon enough the service faced serious problems with one of the users, causing most coins to collapse.
Supporting Cryptocurrency Business: US takes the Lead
Nov 27, 2020 at 11:12
News
Supporting Cryptocurrency Business: US takes the Lead
The existing interaction between banks and cryptocurrency companies is not the best so far, and there are little to no efforts being put in place to address this issue. Some central banks are giving orders to other financial institutions not to deal in cryptocurrencies including Bitcoin. Bans and warnings have been issued by banks to keep away from using or trading cryptocurrencies.
The New Era of DeFi: xSigma
Nov 26, 2020 at 12:04
News
The New Era of DeFi: xSigma
Decentralized finance (defi) burst onto the scene in 2020, as investors rallied behind the enormous potential of peer-to-peer financial services.
Fan Tokens Are Getting Popular as Another Football Club Plans to Issue Its Own
Nov 11, 2020 at 13:58
News
Fan Tokens Are Getting Popular as Another Football Club Plans to Issue Its Own
Popular football clubs are looking to establish as close communication with their fans as possible. For this reason, many of them have issued their own fan tokens to get their supporters involved in the club activity. Now, the last year winner of the Turkish Süper Lig is planning to have their token as well.
North Korean Hackers Pose a Threat to South Korean Cryptocurrency Exchanges, but the Government Does Not Care
Oct 27, 2020 at 10:10
News
North Korean Hackers Pose a Threat to South Korean Cryptocurrency Exchanges, but the Government Does Not Care
The Political Affairs Committee of South Korea’s National Assembly has informed the Financial Services Commission (FSC) on numerous attempts of hackers to break into the country’s financial institutions. Cryptocurrency exchanges became the main target.
Switzerland Has Amended Blockchain Regulations for the Crypto Valley to Grow
Oct 22, 2020 at 13:12
News
Switzerland Has Amended Blockchain Regulations for the Crypto Valley to Grow
The Swiss parliament has passed new amendments to the country’s blockchain and cryptocurrency regulations. The new framework is aimed at boosting the Swiss community and confirming the country’s status of Crypto Nation.
Blockchain Pioneer iCoinSoft’s New Service Could Facilitate Mass Adoption of Cryptocurrency
Oct 14, 2020 at 11:13
News
Blockchain Pioneer iCoinSoft’s New Service Could Facilitate Mass Adoption of Cryptocurrency
iCoinSoft, one of the first U.S.-based blockchain software developers, is launching a new state-of-the-art solution for e-commerce and fintech. The cutting-edge service will allow businesses to accept and manage transactions in cryptocurrencies at the lowest possible cost.
China Is Establishing an Internet Hospital to Minimize Physical Contacts
Oct 05, 2020 at 14:14
News
China Is Establishing an Internet Hospital to Minimize Physical Contacts
First internet hospital will be launched in China in early 2021. The institution is going to apply blockchain technology and provide internet medical service using WeChat app.
Blockchain Association is Cautious about the Latest Framework by the European Commission
Oct 01, 2020 at 13:11
News
Blockchain Association is Cautious about the Latest Framework by the European Commission
The International Association for Trusted Blockchain Applications (INATBA) is concerned about the latest Markets in Crypto-assets (MiCA) regulations imposed by the European Commission. The new framework might overburden the industry and therefore slow down its growth.
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