Blockchain technology that originated from a mathematics branch called cryptography can seem difficult, and it can certainly be for any ordinary individual, but its central idea is pretty basic indeed. The tech...nology first gained recognition as a cryptocurrency network such as Bitcoin. Traditional tracking systems are unable to scale with increasing demand for fast distribution services, so the blockchain future is close and is now expanding through a wave of industries.

To make faster paced decisions, companies need modified, secure and authentic data nowadays. In any sized company, it plays a larger role as it offers a scalable, immediate solution for every order authentication. Blockchain technology is basically a virtual ledger capable of tracking and verifying a high volume of digital transactions, allowing business processes to be more productive and cost-effective. New platforms created by Blockchain allow simple document coordination on a shared distributed ledger, making physical paperwork largely unnecessary.

Approvals and customs clearance can become faster with the use of smart contracts, reducing processing times for goods at customs checkpoints, which means entrepreneurs can run their companies more transparently. As the whole network leads to data authentication, Blockchain ensures trustworthy data across the transport and logistics ecosystem. For improved supply chain management, more open contracts, quicker payments and faster background checks, Blockchain can be a game-changer. Using the Internet of Things (IoT) and AI (Artificial Intelligence), Blockchain allows better freight tracking to improve performance, which can be especially useful for capacity monitoring. It also conducts efficient fleet or vehicle performance history monitoring for simpler & accurate on boarding of the carrier.

Intelligent contracts with efficient cost control and removal of intermediaries improve liquidity in the supply chain. Blockchain can evolve over time and, because of their distributed existence, are theoretically self-sustaining. Organizations across the business spectrum are coming to the realization that they can use blockchain technology to streamline their activities and provide their customers with better services. Together with intelligent contracts and digital currencies, the blockchain can make trade and government processes safer, quicker, more efficient and more scalable. And as more and more small players, backed by digital technology, enter the market, the economy will continue its journey towards decentralization.Show more >

The rapid propagation of technology and connectivity to decentralized digital currencies issued and maintained using Blockchain and distributed digital ledgers has firmly pushed digital assets in front into man...y people’s consciousness than ever before. It has reversed the transformation of value by individuals and organizations and the removal of expensive intermediate payments, greater market stability, and the reduction of the counterpart risk due to new payment models.

Decentralized digital assets are meant to speak as an alternative to traditional fiat money that removes control from the authorities of national banks and government organizations and returns it to the hands of conventional individuals. Distributed ledger technologies such as blockchain prevent data alteration and empower payments to be easily validated. Transactions are settled in near real-time and the users can view the entire transaction trail to keep their records straight.

Digital money is not tangible like fiat currencies, instead, it is accounted for and transferred using computers. The most popular and widely-used form of digital money is the cryptocurrency Bitcoin. Cryptocurrencies represent an effective alternative to traditional systems of fiat money.
By eliminating the impact of governments and national banks, the digital currency can principally, take control of money away from institutions and hand it back to the people. The coronavirus epidemic has accelerated cryptocurrency’s existence usher in a new future of financial inclusion. Cryptocurrencies, tokens, and digital assets all appear as payment instruments with which one can make payments quickly, inexpensively, and without unnecessary intermediaries.

In the coming years, it seems inevitable that digital currencies will become widely accessible to customary residents. Although cryptocurrency does not complement the existing financial infrastructure, instead creates a new one - without intermediaries, and which is transparent and reliable, unlike other payment instruments. Blockchain could likewise limit the requirement for market arbitrageurs, value revealing offices, benchmark providers, and others whose businesses create financial incentives by capitalizing on information asymmetry.

Cryptocurrency technologies allow people to track where each budgeted penny of their fiat currency has been spent.

Read more here:- https://www.jdcoin.us/how-digital-currency-is-going-to-lead-us-for-a-better-future.phpShow more >

As time passes, the general public is becoming more aware and well known about the digital currency or cryptocurrency. Blockchain technology is adopted by growing numbers of businesses and huge brands as a mean...s of payment for products and services every day following the demands of their consumers, bringing cryptocurrency mass adoption closer to existence. It is now just a matter of time before all traders worldwide can accept cryptocurrencies.
Here are some of the companies that accepted cryptocurrency as their payment solutions and marking a significant change in the financial ecosystem:

Microsoft
Back in December 2014, one of the world’s most famous IT companies opened the doors to this bold innovation. It is real, however, that due to high transaction fees, the company made a short pause in January 2018, but in the recent scenario, crypto payments can be made for some of its items only as in the Xbox store

AT&T
A press release declaring the news was released in May 2019 by this world’s largest telephone communications company. The combination has made the new installment accessible to every one of its clients with the assistance of the administration BitPay and now authoritatively acknowledges bitcoins.

Boatsters Black
This worldwide yacht contract organization began offering a crypto installment alternative to its extravagant clients in June 2018 which turned out to be a successful initiative for the company. After the new installment choice was executed, the number of sanction demands expanded as the newly emerged crypto-millionaires were finally offered an alternative to utilize their advanced digital reserve funds in real life.

Overstock
One of the greatest US retailers, Overstock has consistently been a sharp spectator of digital innovations. It was one of the first global brands to begin accepting crypto payments back in 2014 as an official means of payment and, interestingly, it still offers its customers different types of cryptocurrencies as an option.

Subway
This is another major company that understands the future scope of digital currency and is now accepting cryptocurrency. They also allowed the trading of crypto assets such as Bitcoin for food products.

Takeaway.com
In summer 2017, this European fast-food delivery firm, which operates across 11 nations, including Germany and the Netherlands, entered the crypto frenzy. As their customers can order their favorite meals through a single gateway and pay with cryptocurrency, the company’s website acts as a one-stop-shop for numerous restaurants.

PayPal
PayPal has joined the encrypted money business, announcing that its customers would have the choice of using their PayPal accounts to buy and sell Bitcoin and other virtual monetary assets which then can easily be used to buy items from the 26 million PayPal-recognized merchants. Read more:- https://www.jdcoin.us/brands-that-are-accepting-and-adapting-cryptocurrency.php
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JD Coin is participating in Paris Blockchain Week Summit which is taking place
in Paris on Dec 9 th & and 10th, 2020 and will be launching Hydrus7 on a
global platform among all other crypto enthusi...asts.


https://www.bloomberg.com/press-releases/2020-11-20/new-to-the-street-to-broadcast-show-number-142-saturday-nov-21-6-pm-est-on-bloomberg-televisionShow more >

Blockchain is a disruptive technology which on par with the groundbreaking influence of the Internet, is expected to have a far-reaching effect on the insurance industry in the times to come.
Blockchain doe...s not only have strong potential in the insurance sector but other several industries too because it is involved with emerging technologies such as the Internet of Things (IoT) and Artificial Intelligence (AI).
One may wonder, what is the future of digitization or need for technological advancement in the insurance industry and how will it benefit the policyholders? New digital technologies can change the way customers interact with insurers. Technological developments are now important components of the insurance industry that are also equally valuable to insurance companies and their clients. Although technology is used by insurers to achieve a competitive advantage, the clients use these resources online to strengthen the basic nature of workers’ compensation coverage, auto insurance coverage, general liability insurance coverage, and other business-related insurance coverage.
The promise of cost savings and productivity is not the only benefit of blockchain, but it could also enable revenue growth as insurers will be able to attract new business through higher-quality services.
Blockchain technology will help serve the role of the wholesale insurance sector by supporting the global economy more effectively. The insurance sectors are welcoming and adopting blockchain with an open mind as they realize that the potential of Blockchain can provide full accountability, transparency, and superior protection which will save insurers time and money, as well as boost their customer’s loyalty. Blockchain technology can easily help insurance companies solve the challenges of today and adapt to the current competitive market. The technology can help streamline the insurance processes and meet the demands of digitally-savvy consumers by creating and conducting transparent operations based on confidence and stability.
Insurance companies face major challenges in terms of complicated enforcement problems, restricted growth in mature markets, fraudulent claims operation, third-party payment transactions, and the processing of vast volumes of data, which Blockchain technology can take control of and address and solve these in a snap.
In these fast times, the market now demands speedy solutions to insurance-related topics like fast claim settlements, etc. and quick remedies for concerns of customers about processes to be automated and confidential information to be secured.

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Since Cryptocurrency and blockchain technology are so closely connected, it is safe to assume that virtually all cryptocurrencies that exist today rely on some sort of blockchain, however for running blockchain..., we do not require cryptocurrency. For virtually everything that requires a stable and immutable ledger, a blockchain can be used and some cryptocurrencies use similar but distinct means of monitoring transactions.

The degree of openness, transparency, and accountability that it can offer and serve as a futuregame-changer in the financial world is one of the most enticing aspects of blockchain technology.
Through providing a complete, open, tamper-proof history of information flows, product flows, and financial flows in transactions, Blockchain, the digital record-keeping system built for cryptocurrency networks, has the ability to assist supply advantages to the chain partners with some of their challenges. Blockchain allows an infinite number of anonymous parties to interact anonymously and safely with one another without a central intermediary for cryptocurrency networks.

Blockchain safeguards privacy through the requisite encryption and control mechanisms by storing information in such a way that it cannot be changed without documenting the changes made.

The security and confidence problems are accounted for, by Blockchain technology in many respects. Immutability renders all transactions binding, which suggests that nobody is able to alter or cancel transactions.
The code itself is almost always open-source, even though personal information on the blockchain is kept secret. Holding data on the open source blockchain also makes it far more difficult to tamper with data. Blockchain stands to make cryptocurrency operations more precise, reliable, and safe and it can effectively increase the openness, transparency, and accountability of the participatory planning processes. Now that cryptocurrencies deliver faith through technology, yet the fundamental characteristics of the technologies that drive confidence in cryptocurrencies are not well known.

As blockchain technology forms the foundation of cryptocurrencies and potentially brings fundamental changes to digital economies on a global scale, millions of enthusiasts are willing to trust the underlying technology and experiment with cryptocurrencies. It is highly recommended to through some research for yourself before investing in any crypto asset and study the core properties of blockchain technology that facilitate the creation of trust in cryptocurrencies.Show more >

Newtothestreet “Exploring the block” has broadcasted on Bloomberg on Saturday Oct 24th 2020 featuring JD Coin (JDC).

This being show Number one hundred forty for ” New To The Street” spanning over 10 ...years covering top business content for the largest television networks on the globe stated Creator and Co-Founder Vince Caruso.

In addition to Bloomberg broadcast, Saturday, this show has also been broadcasted in its entirety on Fox Business Network Monday, October 26th, at 10:30 pm PST.

JD Coin, based out of the USA, kicked off its success journey in April 2018 with a simple yet challenging mission of creating a secure process of trading, designed for mass adoption with industry-leading transaction speeds. JD coin is coming up with the next generation blockchain aiming to resolve the problems carried away with the previous generations of blockchain.

JD Coin is paving its way to take the crypto industry by a storm by leading us to better and faster version of technology to address real-world problems in a more practical and cost-effective manner. Addressing the crucial component of consensus algorithm in any blockchain system which determines its performance and security, JD Coin is working on a multi-layered consensus algorithm such as a combination of POS (Proof of Stake) and POH (Proof of History) or POR (Proof of Reputation), etc., will help in providing a solution for varied application scenarios with an ability to run in a small footprint on devices.

The consumer-friendly JD Company is built for practical, real-world use cases where traders need no prior trading experience. JD Coin is leading us to a world of faster processing and sustainable technology, Stated Doctor Singh CEO.

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We are so excited to share this good news with all of you. We really thank and appreciate all of you for believing in us and making our project this successful. Dr. Bhupinder Singh - CEO, APAC - JD COIN is bein...g awarded the Asiaone Young Asian Entrepreneurs 2019 - 2020 award.

#cryptocurrency #blockchain #futuretechnology #jdcoin #jdcoinreview #asiaoneawards #cnbcShow more >

Thinking of Financial evolution, the global economy witnessed shifts and advancements with the purpose of making monetary transactions easier, quicker, and secured. It moved from paper money and coins to online... transactions and the use of debit/credit cards. Blockchain technology is here now to offer plenty of advantages in making financial transactions even smoother with the user’s full consent.

A huge global bank- Deutsche Bank realizes the potential of cryptocurrency and states boldly that the current money system is fragile. Deutsche Bank sees that by 2030 digital currencies will rise to over 200 million users. In the “Imagine 2030” report, the global Bank suggests that digital currency could eventually replace cash one day, as demand for anonymity and a more decentralized means of payment grows.

Cryptocurrencies may become legitimate substitutes for fiat currency with regulatory hurdles being surmounted. The decentralized future of cryptocurrency has become more popular than we can think. There is widespread criticism of the shortcomings of current financial structures, leading to an unparalleled wave of interest in innovative ways to conduct economic transactions effectively while maintaining high standards of transparency and accountability. As crypto acceptance will increase, Cash, credit, and debit cards will slowly become obsolete and may continue on this course with wider crypto usability and unique payment solutions.

As a possible instrument for fundamentally altering financial environments for the improvement of society, cryptocurrencies have gained a great deal of publicity. However, the success and willingness to replace and improve conventional financial systems has led to expanding user adoption and media interests.

Cryptocurrencies and digital currency as a whole are obviously the future of money, but it is increasingly apparent that as the crypto market is still very young and dynamic, economic experts must discuss cryptocurrency more and more to make every single user aware of the benefits of owning crypto assets and cryptocurrency market can truly grow and flourish and serve the promised benefits. It is a well-known fact that the greater the user’s confidence and adoption the greater is currency’s worth and credibility.

New blockchain technologies like proof of stake, proof of history, proof of work, etc. help to make digital currencies more viable competitors that can replace traditional money and produce benefits for users across large transaction volumes globally over the internet within few clicks.

The crypto users are creating the value of a cryptocurrency by accepting it as a means of payment. In various ways, the cryptocurrency market generates new possibilities, as this is a growing market that never sleeps and one is able to access his crypto funds anytime, anywhere. Read more:

https://www.jdcoin.us/is-cryptocurrency-the-future-for-all-monetary-transactions.phpShow more >

Cryptocurrency isn't a new concept, but it's only now that more people are seriously considering it as a viable alternative to fiat currency. In fact, TechCrunch points out that cryptocurrency has even more use...s beyond being a form of electronic cash due to the technology underneath it – blockchain. This technology can improve frictionless transactions of all kinds, as well as increase financial transparency and security. Yet despite these benefits there still continues to be tight regulations over cryptocurrency across the globe.

This stance may now change due to the pandemic, with many physical processes shifting to digital and contactless. And even beyond 2020, it's likely that cryptocurrency will explode further due to these three key trends:

Banks starting to hold crypto

Since time immemorial, banks have served as a custodian for valuable objects of consumers. But now, Fortune reports that they will be able to hold cryptocurrencies too, all thanks to a new policy by a federal banking regulator. In a letter published by the Office of the Comptroller of the Currency (OCC), it was noted that national banks and savings associations are now permitted to engage in custody service for their respective clients.

This is a huge leap, considering how major banks have long avoided crypto. The policy now enables them to open crypto operations, which have usually been under the purview of companies like Coinbase and BitGo. Moreover, with banks having custody over cryptocurrencies, it allows for a lucrative line of business. This is because the market cap of popular cryptocurrencies amounts to billions, with the custodians usually charging fees of 0.25% for safeguarding. With more banks taking advantage of this it's likely that more people will be inclined to invest in crypto. Knowing that their trusted financial institutions will hold their digital coins for them will give them confidence in the stability of the digital currencies.

Continued and rapid rise in the popularity of digital coins

It's not the ideal scenario, but it's evident that the pandemic has prompted the resurgence of Bitcoin and a slew of other digital currencies. Bitcoin has more than doubled since March, and has even outpaced gains in equities and precious metals amid a plethora of liquidity released by banks to alleviate the devastating economic impact of the pandemic. As mentioned in our Life After COVID post, crypto is seen as a non-correlated investment option, as well as a safe haven asset. Read more:-

https://www.jdcoin.us/is-cryptocurrency-set-to-explode-after-2020.phpShow more >

The year 2020 has marked the start of a new decade for financial and investment sector in a big way. It has shaped up to be an interesting year for markets, with several new investment themes and trends emergin...g. Though 2019 has seen a major transformation for blockchain and cryptocurrencies, 2020 can be really a game changer for the coming years ahead. It continues to open a wide market of investors to the digital economy and making it big in global revolution for this paradigm shift. Financial markets and investment have undergone profound changes over the past 40 years, and investors who moved with the times and embraced those developments have been able to make their space into the beneficial zone of this market.

Many traders willingly opt to trade in the same direction as the trend, attempting to earn profit from a continuation of the same predicted trend.

Price action, trend lines, and technical indicators are some of the crucial tools that can help identify the trend and warn when it is not reaching the desired profit levels. However, the market as a whole has become more efficient over the period because of the expansion of professional asset management.

The capacity of making returns from investing in virtual currencies is usually compared to traditional investments, and although are slightly lower depending on the benchmark, goal-oriented investors are aware of the importance of the change in the overview of the importance of digital assets for the greater benefit for society.

The blockchain is continuing to gain in popularity despite the ups and downs of the Cryptocurrency.

Artificial Intelligence is most likely be the biggest trend in the tech world since the internet. The key in present is to take action! Investor have gained much more awareness about what is happening in the finance market and hence tend to create a crypto Investing team or seek advices to make all the difference at scale.

Cryptocurrency investing has gained traction among a wide range of investors, including all spheres of financial world. Crypto Investing is here to stay and to grow exponentially over the next decade and beyond. It is simple, our economic future depends on it and people are understanding this at last.Show more >

A blockchain originally is a growing list of records, called blocks, that are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. Blockc...hain was introduced by Satoshi Nakamoto in the year 2008 and was implemented in the year 2009 to serve as a cryptocurrency named Bitcoin.

Blockchain is performed from peer to peer globally where there is no third party required to validate the transaction process. The two parties involved do not need a third party as they have trust. The blocks are created one after the other in the chain, hence it is a completely transparent and secure process and the transactions cannot be erased form the blockchain or be re-written once it is done.

Blockchains are important because they allow for new efficiency and reliability in the exchange of valuable and private information that once required a third party to facilitate, such as the movement of money and the authenticity of identity.

Advantages of Blockchain technology

Immutability and Transparency - Each block is visible to every member of the network, ensuring trust between parties. As one block is linked to another block in a transaction process across the distributed ledger, it is not possible to delete or overwrite the process.

Consensus – the parties in the blockchain agree to the process and then approve on the transactions, therefore it makes the transactions legitimate and then added to the blockchain.

Process integrity – The process is built in a way that it operates between two parties where there is no need for the third party to validate the transactions. Hence, once transactions are done the block created after another in a chain cannot be undone to maintain high levels of security.

Security – Blockchain is highly secure as every individual who enters a blockchain is provided with a unique identifier linked to its account and it is highly encrypted. This ensures that the owner of the account himself is doing the transactions.

Faster processing – Blockchain is cloud-based and supports digital currency like cryptocurrency. Currency can be transferred from one side to another within a few seconds, unlike the way it takes to transfer the fiat currency.

Lower transaction costs – Apart from faster transactions, it also offers a lower transactional cost. As there are no middle parties involved, there are no hidden costs for making a transaction except a small fee is paid at the exchanges.

Disadvantages of Blockchain technology

Large energy consumption – With the new technology and faster transactions, blockchain requires high consumption of power as it performs the mining process. Keeping a real-time ledger is one of the reasons for this huge energy consumption. Read More:-


https://www.jdcoin.us/what-are-the-advantages-and-disadvantages-of-blockchain-how-will-it-shape-our-future.phpShow more >

Blockchain technology is being called the future of technology and there are many job opportunities coming up in this field of technology. Blockchain developers are really getting in demand nowadays, and to bec...ome one, you need to have a set of technical skills as a prerequisite.

One should have knowledge and understanding of IT as well as logical reasoning to be able to understand this complex technology. And you require certain skill sets to be able to understand and get you expertise.

Following are the essentials you need to understand:
1. Distributed systems and Networking.
Blockchain is a distributed ledger that works across the network, and an individual should know how the network and distributed system works. A good understanding of how peer to peer networks work is a must.

2. Cryptography
Hash functions and digital signatures are created by using the public-key cryptography in the Bitcoin blockchain. A good background in mathematics skills can also help in the field of Blockchain for a developer. Block Ciphers, Message Integrity, and Authenticated Encryption are few concepts that one should have a clear understanding. Payments are secured on e-commerce sites by Hash Function. A developer in Blockchain should have security skills like elliptic curve digital signatures, Merkle proofs, cryptographic hashing, private key, and public-key cryptography and many more. Frameworks in security are getting evolved for regulatory needs, legal needs, and compliance needs.

3. Data Structures
A blockchain developer should know how Data Structures work such as linked lists, graphs, hash maps, search trees and many more. Knowledge of programming languages like C++, C-Sharp, C, Scala, Java, Python is also required.
There are various online portals offering good courses in blockchain. One can start with the beginner’s program and gradually improve the skill set and knowledge upgrading to other programs. These courses and programs are not only written for the newbie or basic knowledge but also teach basic, intermediate and advanced level of skills.
There are many tutorials and blockchain experts who have their blogs as well as tutorials to help you understand how to begin your career in blockchain. You can also get enrolled for blockchain related courses online and get your learning started.

However, blockchain offers a variety of portfolios to choose from. You can choose between these following:
Blockchain Business Executive
Blockchain Consultant
Blockchain Developer
Blockchain Administrator
Blockchain ArchitectShow more >

Cryptocurrencies have gained momentum over the past few years and witnessing growth in its number & prices and most importantly, global adaptation. Cryptocurrency is just not the means of wealth preservatio...n, but it is also used as an investment tool as well as an easier way of sending payments digitally. More & more countries are becoming more open to the idea of digital currency and its benefits, creating better regulations for crypto-assets and their functioning as both an asset and utility. The benefits of the crypto world are truly seen by the masses now and are willing to take the risk of adoption, thus, creating an environment of growth for virtual asset trading seeing its multiple real-life uses that can help the everyday lives of people around the world.

Major countries advocate blockchain/Cryptocurrency adoption due to several reasons like high inflation rates, an infamous corruption, and failing banking systems. These are driving citizens towards the cryptocurrency world gradually.

One of the major reasons is its help that it provides to cut down on tax evasion and frauds, which are very prevalent in the economic markets today. The use of Cryptocurrencies makes it easier for individuals to keep a safety on their identity, while they can still conduct all transactions. Another reason why major countries have started to adopt the use of Cryptocurrencies is that they are seen as more secure than fiat money. Since there is no physical asset, like gold or silver, that is protected, it is not as susceptible to corruption and frauds like traditional currencies. Also, unlike gold and silver, there are no worries about inflation as well. There is also no need for a central bank or any form of central authority to monitor the value of the digital coins. All of these things make the use of Cryptocurrencies more appealing to most countries.

Countries adopting digital currency have high hopes that the crypto assets will be very useful to them and that they will want to continue the use of it for the benefit of its masses. By being able to look at the transaction records transparently, the countries are able to gauge their success rates in the markets and plan further economic strategies. Let’s learn about the top 5 countries that lead the way in Cryptocurrency adoption:

Brazil:
It is the fifth-largest country in the world and one of the richest in Latin America and citizens in Brazil have a high interest in crypto, due to which it is becoming a huge hub for crypto gradually. Brazil accounts for some top highest of the world’s Cryptocurrency adoption.

Malta:
Without mentioning Malta, discussion on crypto-friendly countries is incomplete. The three Cryptocurrency and blockchain bills passed by the Maltese parliament enhances investors’ vision by providing a clear description of the required legal framework to set up a legitimate

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Here some terminology you should absolutely know about Cryptocurrency!

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