How to Bitcoin #4 – Storing Bitcoin

NEW ZEALAND – Guest Writer –The third in the series of “How to Bitcoin” articles introducing you to Bitcoin and what you can do with the cryptocurrency.  Here is an overview of how to store your Bitcoin.   You can store Bitcoin or altcoins in the following ways:   Paper Wallet Offline Online Encrypted Hardware Device   Each method offers both pros and cons.   A paper-wallet is just that, a special code (address + keys) that is then printed out on a piece of paper. You can load BTC…

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Will Regulators and Banks kill Bitcoin?

2018 has not started well for Bitcoin as the cryptocurrency started the year with 2 weeks of losses and last week we had four days of straight losses from Monday to Thursday.     Shock News for Bitcoin Banking   The year started off with a shock as Visa suspended a number of prominent cryptocurrency card providers without any notice, leaving some customers without cash. Some of the well-known companies affected were Cryptopay, Bitwala, Xapo, Bitstamp and many others. Bitwala also reported that their bank facilities were suspended with immediate…

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How to Hack Bitcoin

Bitcoin users are quick to point out that Bitcoin cannot be hacked but the sad fact is that millions of dollars worth of bitcoins have been stolen by hackers over the last few years and the problem is on the increase.     Recently $64 Million worth of Bitcoin was stolen from Slovenian mining operation, Nicehash. Full story – https://www.theguardian.com/technology/2017/dec/07/bitcoin-64m-cryptocurrency-stolen-hack-attack-marketplace-nicehash-passwords   What are the most popular ways to hack Bitcoin?     Stealing Private Keys; The first thing to understand is that no one really owns a Bitcoin. The public bitcoin ledger…

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SuperCom to Develop Bitcoin and Other Cryptocurrency Capabilities for its Mobile Money Suite SuperPay

SuperPay to Support the Purchase and Sale of Bitcoin, Ethereum and Other Cryptocurrencies for Unbanked Populations.  HERTZLIYA, Israel, January 8, 2018 /PRNewswire/ SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-government, public safety, healthcare, and finance sectors, is in the process of developing various cryptocurrency capabilities for its SuperPay secure mobile money suite. Upon completion, SuperPay users will be able to purchase and sell Bitcoin, Ethereum and other cryptocurrencies.     SuperCom’s secure mobile money and mobile payments solution, SuperPay, subject to local regulation, allows users to load funds into their SuperWallet mobile…

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What was the First Product to be Bought with EOT?

Cryptocurrency is becoming more popular as a peer to peer payment system and there is no doubt that adoption will increase over time.   The utility cryptocurrency, EOT, recorded the first sale in December 2017.       How does a payment work – A transfer of funds between two digital wallets is called a transaction and this transaction is submitted to a public ledger called the blockchain where it awaits confirmation.  When a transaction is made, wallets use an encrypted electronic signature to provide a mathematical proof that the transaction is…

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An Independent Review of BitVault®, the World’s First blockchain phone

NEW ZEALAND /Guest Writer/2 January 2018 – An Introduction:- The BitVault® Blockchain communicator is a phone that provides secure calls, video calling, messaging, web browsing and storage for some of the most popular cryptocurrencies available on the market.   It uses biometric security with fingerprints and iris scanning with Third Party Independent Multilayer Security (3IMS).  A removable security key also applies extra security.   BitVault® uses the encryption algorithm Scrypt on the Blockchain where each application uses an internal Blockchain that is independent to prevent compromise. In order for this process to…

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EOT, 2018 and Beyond

We are living in a world that is becoming more and more connected and with the advent of devices that are connected to the Internet [IoT] and Artificial Intelligence [AI] – the need for Encryption methods to protect against cyber attacks is growing in importance.   As people, we are connected to the internet constantly, mostly with our phones,  and thus we have already seen development in areas of blockchain encrypted communication with new devices such as the world’s first crypto communicator and blockchain smartphone, the BitVault®.   There are…

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EOT, the Year in Review – 2017

What is EOT?  EOT is a new cryptocurrency started in July 2017. EOT can be used for Peer-2-Peer payments and confirmations are lighting fast with a new block mined every 90 seconds. In addition to the use of EOT as a currency, the main innovation behind EOT, is to use it for the encryption of devices connected to the internet also known as IoT [The Internet of Things]. IoT devices have increasingly become a target for online hacking and security breaches.   Thus the phrase:  IoT needs EOT   Below is…

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BitVault® Key Note – The World’s First Blockchain phone

There is much interest in the World’s First Blockchain phone the BitVault®.  Hein Marais, CEO of Embedded Downloads, the developers of the World’s First Blockchain phone delivers this Key Note, an opportunity to learn more about this revolutionary Blockchain phone that uses cryptography for encryption, namely EOT. BitVault® is owned and developed by Embedded Downloads, with development offices in Limerick, Ireland and New Delhi, India. Embedded Downloads specializes in secure hardware and software relating to the “Internet of Things”, IoT.     Key Note Discussion Points: Introduction to the BitVault®, the…

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Blockchain Market Worth 7,683.7 Million USD by 2022

PUNE, India, December 15, 2017 /PRNewswire/ According to a new market research  report  “Blockchain Market by Provider, Application (Payments, Exchanges, Smart Contracts, Documentation, Digital Identity, Supply Chain Management, and GRC Management), Organization Size, Industry Vertical, and Region – Global Forecast to 2022″, published by MarketsandMarkets™, the market size is expected to grow from USD 411.5 Million in 2017 to USD 7,683.7 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 79.6%.   Browse 77 market data Tables and 39 Figures spread through 161 Pages and in-depth TOC on “Blockchain Market“   Early buyers will receive 10% customization…

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