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. 

Blockchain Is Used in Saving Lives of People Living Around Volcanic Areas
Mar 27, 2021 at 12:00
News
Blockchain Is Used in Saving Lives of People Living Around Volcanic Areas
Blockchain technology has been utilized in saving the lives of people affected by the Covid-19 pandemic for a long time. Now, the distributed ledger technology (DLT) is to be exploited to expedite disaster relief to affected regions if 10 designated volcanoes explode.
In a World Swamped with Run of the Mill Trading Platforms, Bitsz Comes as a Relief
Mar 19, 2021 at 12:48
News
In a World Swamped with Run of the Mill Trading Platforms, Bitsz Comes as a Relief
The last 12 months have seen a surge of cryptocurrency usage that shadows the last crypto rush of 2017. Mainstream firms are finally starting to tap into the crypto market and trading is the highest ever witnessed, putting exchanges under stress as they struggle with the load.
How to Mine Without Buying a Mining Machine
Mar 18, 2021 at 08:20
News
How to Mine Without Buying a Mining Machine
The cryptocurrency market has blossomed in the past few months as Bitcoin hit an all-time high of $61,000, which has in turn increased the demand to mine these digital assets. However, crypto mining remains way out of reach to most investors due to the cost of mining equipment and electricity costs.
Will Joe Biden Launch a Digital Dollar to Make Relief Payments?
Feb 26, 2021 at 11:56
News
Will Joe Biden Launch a Digital Dollar to Make Relief Payments?
The US President Joe Biden promised to deliver a $1.9 trillion stimulus plan to revamp the country's economy that was hit hard by the Covid-19 pandemic.
Blockchain could Help Fight Cyber Abuse and Trolling
Feb 03, 2021 at 14:38
News
Blockchain could Help Fight Cyber Abuse and Trolling
For a couple of decades, people have misused the anonymity features of most cyber platforms to attack, abuse or harm others and this has been a big problem to society. But now, blockchain-based digital IDs could be a solution to combat online abuse and trolling while observing maximum anonymity.
Safex Wins Federal Court Battle in a Heated Cryptocurrency Trademark Dispute
Feb 02, 2021 at 08:00
News
Safex Wins Federal Court Battle in a Heated Cryptocurrency Trademark Dispute
A trademark crypto-war is afoot in the United States District Court for the District of Columbia. Safex, a blockchain engine for ecommerce, won the first battle by successfully obtaining emergency relief which requires the defendants Safeth LTD., and its principals Joey “Crypto” Lathus and Cynthia Lathus to immediately stop using the Safex name and logo in connection with their competing cryptocurrency.
The Future of DeFi & CeFi: How Jointer DeFi Auction on STEX Exchange Attracts Attention of Traders
Feb 01, 2021 at 15:33
News
The Future of DeFi & CeFi: How Jointer DeFi Auction on STEX Exchange Attracts Attention of Traders
A wave of screaming headlines marked a promising start of the new year as blockchain-based services' ongoing popularity made a swing and started to rise again.
Need for Cryptocurrency in the Payment Sector is Growing as Banks and Service Providers Embrace Innovations
Jan 28, 2021 at 15:06
News
Need for Cryptocurrency in the Payment Sector is Growing as Banks and Service Providers Embrace Innovations
The coming of Bitcoin (BTC) and other cryptocurrencies has totally changed the game of payments. More governments and payment service providers have now appreciated the need for digital currencies in the payment sector. Benefits of cryptocurrencies include cheap transaction fees, privacy, fast, transparent and secure money transfers.
Singaporean Authorities Create Challenges for Cryptocurrency Business
Jan 25, 2021 at 14:57
News
Singaporean Authorities Create Challenges for Cryptocurrency Business
Singapore is almost becoming Asia’s blockchain and cryptocurrency hub.
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