04 Jun

China’s Wikipedia Adds Blockchain-Based Revision System

By Daniel Zo Baidu, Blockchain, China Read Comments

As part of China’s censorship moves, the Chinese version of Wikipedia has been banned at the beginning of 2018. Despite this, there is an alternative to the encyclopedia available in the country, this being Baidu Baike, which is the search giant’s equivalent to the platform.

Now, recent reports indicate that the website has implemented blockchain technology, in order to help record all revision entries. The move is meant to bring more transparency alongside traceability for revisions to the online platform.

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03 May

Learning How to Avoid Bitcoin Scams

By Daniel Zo Bitcoin, Scam, Malware, Phishing, Pyramid scheme Read Comments

Every new trend that appears on the internet is bound to give scammers numerous opportunities to come up with various ideas meant to take people’s money away. Bitcoin is no exception to this case, as there are thousands of bitcoin-based scams that unknowing users can get involved in.

With this in mind, in this article, we will discuss the main types of scams and factors that you should keep in mind to avoid a bitcoin scam, whenever you see one. Considering the fact that few people truly understand the way bitcoin and the blockchain works, educating yourself should be the first step.

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23 Oct

How The Blockchain Network Could Grant People Identities

By Daniel Zo Blockchain, ID, BanQu Read Comments

At this moment in time, billions of people from all around the world mind their daily business without owning an ID, and being registered in any database. While this practice, most common in third world countries, allows people to stay off the grid, it can also cause numerous problems. Some of these include the inability to open bank accounts, travel to other countries, or even being treated in a hospital.

It is worth pointing out that fixing the issue via governmental implication isn't that easy, especially in certain regions where bureaucracy and high taxes make it almost impossible for a citizen to get their ID card.

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05 Oct

How Bitcoin is different from cashless services such as Apple Pay and Android Pay?

By Daniel Zo Bitcoin, Apple Pay, Samsung Pay, Android Pay, Blockchain Read Comments

As time passes, we seem to be getting closer to the hypothesis of a society without physical money. How is this so? Well, leaving aside the appearance of innovative platforms which will likely make cash obsolete in the near future, research has also shown that there is only a total of 8% of physical cash represented in our world, which means that the trillions of dollars that people from all around the world use are rather digital number, or simply digits, as we like to call them.

While you can most probably pay for almost everything with the help of cash at this moment in time, you can also go days at a time, without using it, thus showing how the system is slowly changing. As cashless transactions are growing, banks and other financial institutions wish to encourage this trend, as it’ll allow them to save money, while also giving people a more efficient way of making transactions. To help make the principle of a cashless world a reality, there are services such as Apple Pay, Samsung Pay, Android Pay and more, which are gradually popping up on websites all around the world.

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