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. 

Banks in EMEA Miss Out the Potential of Blockchain, with Only 19% Benefiting from the Technology
Sep 22, 2021 at 12:12
News
Banks in EMEA Miss Out the Potential of Blockchain, with Only 19% Benefiting from the Technology
More than 69% of banking institutions in EMEA (Europe, Middle East and Africa) could miss opportunities in the financial market over the next 24 months if they do not embrace digital transformation. Currently, only 19% of them are making efforts to keep up with technological advances.
El Salvador Makes Bitcoin Official Currency, Sending Price to about $52,000 and Then Crashing Below $45,000
Sep 08, 2021 at 13:33
News
El Salvador Makes Bitcoin Official Currency, Sending Price to about $52,000 and Then Crashing Below $45,000
The Central American Republic El Salvador is the first country in the world to make Bitcoin the official national currency. The Bitcoin exchange rate reached a high of $52,445 in the last 24 hours, but then crashed and traded below $45,000.
Coinbase Entrance to the Japanese Market: Challenges and Opportunities
Sep 01, 2021 at 12:28
News
Coinbase Entrance to the Japanese Market: Challenges and Opportunities
Coinbase, America's largest cryptocurrency exchange, has just set foot in Japan, a vibrant crypto market. However, this entry presents both opportunities and challenges.
Problems and Solutions in the Adult Entertainment Industry
Aug 26, 2021 at 13:21
News
Problems and Solutions in the Adult Entertainment Industry
The adult entertainment industry has several problems that directly affect the level of development of this field of activity.
Humans vs. Machines: Is Artificial Intelligence a Better Fraudster?
Aug 15, 2021 at 09:29
News
Humans vs. Machines: Is Artificial Intelligence a Better Fraudster?
The potential of artificial intelligence (AI) is growing. A new study has found that artificial intelligence is far more effective at composing phishing emails than humans, meaning it could potentially become a better scammer.
All You Need to Know About Flare Finance’s Experimental Finance (ExFi) Platform
Aug 12, 2021 at 12:30
News
All You Need to Know About Flare Finance’s Experimental Finance (ExFi) Platform
The DeFi space is evolving rapidly and both existing, as well as upcoming players, need to continuously innovate to survive. Flare Finance, the first DeFi platform on the Flare Network might have gained a unique competitive advantage with its latest announcement.
JP Morgan and Its Bitcoin Trading Service to Face Stiff Competition from Cryptocurrency Exchanges
Aug 10, 2021 at 10:28
News
JP Morgan and Its Bitcoin Trading Service to Face Stiff Competition from Cryptocurrency Exchanges
JP Morgan is finally offering bitcoin investment options to its customers after years of aversion to crypto investing, and is reportedly promoting its bitcoin product to its retail customers. However, the bank should be prepared for competition from cryptocurrency exchanges and similar banks.
El Salvador Feels More Confident about Bitcoin as Bank of America Endorses President Buekele's Policy
Aug 05, 2021 at 12:12
News
El Salvador Feels More Confident about Bitcoin as Bank of America Endorses President Buekele's Policy
Although President Nayib Bukele was confident about his country's decision to recognize Bitcoin as legal tender, he was nearly brought down by widespread institutional criticism from agencies such as the International Monetary Fund (IMF), the World Bank and others. However, the recent endorsement from Bank of America gives Bukele renewed vigor and enthusiasm to continue pursuing the Bitcoin dream.
Binance Exchange Ordered to Exit Malaysia. Will Binance Remain the Largest Cryptocurrency Exchange?
Aug 01, 2021 at 10:48
News
Binance Exchange Ordered to Exit Malaysia. Will Binance Remain the Largest Cryptocurrency Exchange?
The world's largest crypto exchange Binance has suffered another shutdown in Malaysia as the company continues to crack down globally.
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