KYC procedure is used by companies to verify their prospective customers & clients. KYC is essential to AML & CFT. The KYC process is particularly important for financial institutions & banks.
The use of smart contracts is widely prevalent in the Decentralized Finance (DeFi) sector, but they can also be applied in other industries in order to automate workflows.
A Central Bank Digital Currency (CBDC) is the digital form of fiat currencies such as the US dollar or Euro. CBDCs are controlled by a central authority, such as a central bank or government.
As an online version of traditional cryptocurrency mining, cloud mining utilizes cloud computing. Regardless of technical expertise or financial resources, it allows everyone…
BCH is a fork of Bitcoin that was created in 2017 in an attempt to increase scalability by allowing more transactions to be included per block. The BCH blockchain is compatible with NFTs.
Moving Average Convergence/Divergence, or MACD, is a technical indicator most commonly used to identify trading opportunities by studying trends and measuring…
The Bitcoin dominance ratio measures how much of the cryptocurrency market value is attributed to Bitcoin. Ratios do not always remain the same and change with market conditions.
In essence, a non-fungible token, or NFT, is a unique digital representation of any digital or physical item such as a music track, an artwork, or even a tweet within a blockchain network.