Blockchain technology has the potential to revolutionize the world of finance, rendering banks, notaries and licensing rights authorities obsolete. How does it work?
Facebook's plan to introduce its own cryptocurrency has come under sharp criticism from many countries. The social media giant announced in June that it would roll out a new digital currency, called Libra, from 2020.
The German capital is fast becoming a major center for the development of cryptocurrency systems. The Longhash Crypto Festival held in the city brought together participants from across the world.
The best-known cryptocurrency, Bitcoin, has been around for 10 years and its history so far has been one of ups and downs. The financial world is still split down the middle over the future of the virtual currency.
A further drop in the value of Bitcoin and other cryptocurrencies has recently left investors nursing heavy losses. Many proponents are holding out for a new breakout, if their digital assets can go mainstream.
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