What Value does Scalability have in Cryptocurrencies?

Therefore, scalability is the key to crytpocurrency profitability and commercilization. In fact, I think all the other cryptocurrency attributes; security, privacy, anonymity, robustness, are meaningless without scalability. Additionally, the public will not use blockchain utilities like stablecoins if they are not as fast as Visa or MasterCard (NYSE: MA).

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Hyperloop Test Track Planned in Saudi Arabia

Saudi Arabia needs fast large-scale people movers because 2.372 million Moslem pilgrims visited the country for the Hajj in 2018, the Saudi government estimates. To explain, a Hyperloop could theoretically move millions of pilgrims to Mecca for the Hajj from airports all over the country.

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What Value does Tether Have?

Tether is a stablecoin. To explain, a stablecoin is a cryptocurrency that contains a smart contract linked to a trust account. A smart contract is an algorithm; or digital robot, that performs a specific act. When you make a USDT purchase, the Tether smart contract releases one $1 in US currency to the merchant.

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Bankex Launches MainWallet For Telegram With 5,000 Users

With MainWallet’s release, Bankex Group is enabling 200 million users of the popular Telegram messenger to send money, pay for goods and services, place bets, and get paid via simple Telegram messages. The name of the product – MainWallet – reflects a degree of irony by Bankex Group development team, as anyone with a Telegram nickname automatically has access to Bankex Group fintech platform and therefore has a “wallet.” This makes this wallet “main” – there is no software to download, and no additional registrations.

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