As the blockchain technology evolves more and more people are getting aware of its presence and potential. Blockchain Global will anticipate the growing interest of the public by offering education, direction, advice, consulting and products related to blockchain and cryptocurrencies.
We see Blockchain Global as a reliable and trusted partner paving the way to a new era and have the absolute faith in our ability to bring about positive change for everyone.
Not only the financial services industry and governments will have to deal with massive changes; also industries such as healthcare, logistics, energy, legal services, music and entertainment are impacted. At the moment, a score of pilot projects is taking place across various industries in both the public and private sectors. The sheer number of affected business processes and services is a testament to the wide scope of blockchain applications and their relevancy in everyday life.
Blockchain will fundamentally change the way people interact with each other
Will have a totally new meaning knowing the whole world now is a potential customer or partner
Reduction of costs will give businesses the opportunity to invest in new possibilities and beter market positioning
We believe that the blockchain technology will be the next technology wave that will impact the world during the next couple of decades as much as the invention of the Internet. Blockchain will change the way we interact with eachother making it more trusted, safe, and transparent. A shared economy where you can transact, work, buy and sell goods and services securely in the most efficient way. Blockchain is the missing link for becoming a global community in a digitalized world.
In the coming years more and more businesses will find the benefits of blockchain technology. From gaming industry to overall clothing manufactures and governments. There is no limits in who can use blockchain, everyone who works through a middlemen or uses data can implement it.
here are four ways to get Bitcoins:
The first one is pretty simple and self-explanatory: you offer goods or services in exchange for Bitcoins. No strings attached, just determine the price of your service or goods in BTC and make the exchange. The buyer will send the appropriate amount of BTC to your wallet and upon receiving it you will provide the requested service or goods.
The second way to get BTC would be to make a purchase through Bitcoin exchange. Generally, there are plenty of different exchange sites available where you can look for buyers and sellers of BTC. You will also need to use your Bank Account, which will be linked to the exchange website to make BTC purchases.
Although there are a few exchanges that let you buy BTC with other methods of payment, such as PayPal, usually there are additional fees involved when using these alternative payment formats.
The third option is a bit less private and anonymous, and more hand to hand. You can find a person near you who is offering to sell BTC and pay them in cash for the transaction. This option is usually deemed as more risqué since hand to hand transfer of money is involved, thus we suggest avoiding this method of acquiring BTC as much as possible.
The last way, and to some the most appealing way, to get Bitcoins is through “mining.” Bitcoin mining is a process through which transactions on the Bitcoin network are validated and stored on the blockchain, the ledger which keeps track of all Bitcoin transactions.
There is specific hardware which has been developed and designed to make the calculations to verify transactions more optimal and efficient than if it was done by a standard computer.
The best way to save your coins is on a cold storage which means your coins/private keys are stored offline. This prevents any person to hack your device or use a phishing site to steal your coins.
Best known ways to store offline are:
Some cryptocurrency exchange or companies do offer the possibility to store your coins offline although we do not recommend you to do that. Once you store you coins on their platform you then lose the ownership of your private keys which mean you no longer possess the coins.
The Diffusion of Innovation Theory, first postulated by Everett Rogers in 1962, explains how an idea, product, or behavior takes root in society through different segments of a population. It starts slowly at first with the “innovators” and “early adopters,” who make up just 16% of the population; these are the intrepid individuals who see opportunities before they are there, who are willing to experiment, take huge risks, and change the status quo.
After them, the innovation begins to gain traction and spreads exponentially to the “early majority,” who are more wary than the ones who came before but still eager to jump onboard. They are followed by the “late majority”—a risk-averse and skeptical population—and finally, the “laggards,” the ones who are most resistant to change. At this point, the diffusion of innovation is complete—a new norm or product has achieved dominance in society. This model of adoption has occurred throughout history, from the rise of the iPhone to the abolishment of slavery.
It is important that we examine the issue of blockchain adoption from two different angles: investments and technology.
On the investments front, blockchain has reached the level of “early majority.” More and more capital, both institutional and household, is being poured into cryptocurrencies today. In 2017 alone, the total crypto market capitalization ballooned from 18 billion dollars to more than half a trillion dollars. Coinbase, the online exchange for buying and selling digital currency, recently reached more than 10 million users worldwide and became the most downloaded app on the U.S. Apple Store.
From a technological perspective, however, we are still quite far behind. Firstly, there exists a dearth of talent. Blockchain developers are few and far between. Secondly, there remain many technical issues that need to be ironed out, the most notable of which is scaling. Blockchain networks are still not capable of handling the high transaction volumes that could rival that of large industries and financial institutions but much progress is already been achieved at that front.
Blockchain technology is still in a full development phase. The potential is unlimited and the growth unimaginable.