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Showing posts from February, 2020

How Defi goes mainstream in 2020?

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DeFi is the blockchain technology, that is already applied in the world’s second most popular cryptocurrency “Ethereum”. It is used to generate smart contracts, It automatically verifies the necessary conditions for both parties to enter the transaction. DeFi may potentially shape the blockchain in the year 2020. DeFi has already surpassed the USD 800 million mark and it will continue to grow high in 2020 Here’s our previous article will describe clearly about - What is DeFi and hoe does it works?. - link What we Expect DeFi in 2020? In 2020, new startup’s and existing companies will develop on top of borrowing and lending protocols to make new development of Ethereum based DeFi, it will enhance efficiency and build new products, so we can expect more DeFi based products and services to hit in the market. DeFi community should can create products and services for a greater share of the population in the year 2020. DeFi protocols can operate without regulatory approval du...

Launch your own ICO platform with best ICO Script!

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ICO (Initial Coin Offering) is a trendy technique for startups to elevate their capital for their new idea in their business based on blockchain technology. The initial coin offering business model has all the benefits of blockchain technology.  ICO is said to be a highly secure platform for a rapid and expedient fundraising mechanism. ICOs are similar to IPOs. IPOs are a common deal with investors. ICO is a deal in providing a faster option for bringing supporters who invest in a new venture across the world.  Launching an IPO is a complex process which helps generally after a prolonged period of a company’s growth and contribution. But, launching an ICO's can be done fast and easy providing a greater option for fundraising and internationalization. Launch your ICO: Developcoins is one of the renowned ICO token development company which is specialized in ICO token development company and specializes in providing quick and reliable solutions to raise crowd...

STO Development Company

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Security tokens are blockchain-powered crypto tokens that encloses tangible and tradable assets such as shares, dividends, land, gold and so on, to raise fund from accredited investors all over the world. These tokens benefit the token holder with certain rights such as dividend, profit sharing, voting right, buy-back right and much more, to build the trust of the international investors to invest for your business . Types of Security Tokens Equity Token Equity token is a type of security token that represents a position/ownership of the asset or business and the equity token holders will have right on the property’s success or failure, just like a stakeholder. Debt Token Debt token is a token that represents the outstanding debts and liabilities. These tokens assure the token holders for guaranteed payback of profits, assets or shares. Asset-backed token Reserve assets token is the type of tokens that represents the physical assets like building, land...

Decentralized Finance (DeFi) Services and Solutions

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DeFi is the Shortened version of the term “Decentralized Finance” it aims to revamp the traditional financial systems such as lending, borrowing, derivatives, and exchanges with automation in the replacement of middleman. It is one of the fast-growing and new decentralized concepts in the online era. If you want to know more about DeFi?, Explore here - What is Decentralized Finance (DeFi) - A Complete Startup Guide For Beginners! What is DeFi Services and Solutions? DeFi services and solutions in the process of traditional financial services is adapted into the decentralized ecosystem, this process involves the development of decentralized based DApps and Smart contracts, This process can help you to easily interact with the ecosystem through the Peer-to-Peer Network (P2P). The Benefits of DeFi Solutions: DeFi platform-based application does not need any inter-mediators or a third party. Today nearly all DeFi based projects are being built on Ethereum and making it the...

Best Use Cases For Cryptocurrency

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Cryptocurrency is the digital currency, it  secures all major transactions and also verifies the transfer of assets. Cryptocurrency makes trading easy anywhere in the world because it is a decentralized currency. It is not regulated by a central authority, like a bank. Cryptocurrency uses blockchain, which records the transactions using cryptography, to enhance security. Bitcoin is the world ’ s first decentralized P2P cryptocurrency. With its avant-garde aspects and prime features, Bitcoin has been successful in reforming the FinTech industry to a great extent. Inspired by Bitcoin, a few other cryptocurrencies that have been recently introduced in the market include Ripple, Litecoin, Dash, Ether, and Monero. This technology has taken a wave of decentralization which is going to reach over all the world. It has started with many business industries and going behind the expectations of people. With cryptocurrency, things are now moving in the right direction to compare bef...

Importance of crypto tokens in business

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Tokens are digital assets or unit of value issued by a company, which can be used as a method of payment inside a project, it can be used only inside a certain project. It can be separated by Security token and utility tokens. Both tokens can increase in value if the prices of the tokens appreciate in the market both can earn a profit. You can create crypto tokens and do your business with various platforms like fundraising business model, exchange business model, trading business model. Many startups found that crypto(digital) token business is a successful one. Tokens increase investors & boost up the flow of any kind of crypto coins. Tokens help to encourage the market place It makes easy for networks to gain more partnerships. Today there are lot of tokens that made with different ERC standards such as ERC20, ERC721, ERC777, ERC1400, ERC223 and more. The ERC tokens are generally used for crowd-funding (ICO) to make capital funds for the business. E...

Ethereum (ERC) Token Development Company

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Tokens are usually built by an Ethereum blockchain, Creating a token is an easy process as you don’t need to modify the codes from the particular protocol, Tokens are digital assets or unit of value issued by a company, that can be used by a method of payment inside the project. Most of the tokens are launched on Ethereum blockchain. ERC 721 is a type of unique token, Mainly used for Gaming purpose Because these tokens are the advanced version which is used by many gaming platforms. This token can be developed on the Ethereum blockchain network and it allows unique tokens to be managed, owned and traded. In ERC-721 token each token can hold a different value. The ERC-721 Standard is the backbone for the creation and trading of non-fungible assets. An ERC20 token is the digital tokens that can be used on the Ethereum Platform. Ethereum is a decentralized network that is able to support decentralized applications such as DApps . It can be easily integrated with wallet...

Decentralized Finance (DeFi) - A Guide for Newbies

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DeFi is now one of the hottest topics in the crypto space and fast-growing sectors in the crypto industry. In this guide lets, we can look at What is DeFi and how it works? What is Decentralized Finance(DeFi)? Decentralized Finance is commonly known as DeFi built on a top blockchain network especially in Ethereum. Ethereum is an open-source global, decentralized blockchain platform so that’s why only the Ethereum blockchain platform is the primary choice for the DeFi application. DeFi is an open-source and transparent financial service ecosystem it can be suitable for everyone and operate without any central authority. Users can easily interact with this ecosystem through peer-to-peer (P2P) and decentralized applications (dapps).  “DeFi is offering you to control of your own assets” DeFi is also known as open finance platform, it covers end to end financial services which include lending, borrowing, and trading under dece...

What is ERC20 Token? and how it can works?

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When a startup and enterprises decide to attract investment for development, it issues tokens. This term is called ICO. Issued tokens can have various functions. For example, if these are crypto tokens or ICO tokens, investors buy tokens, which in the future may grow in value. Actually, a token is a gadget or an array of functions used to verify users. Another interesting one is the functional description of tokens. They can similarly represent have such functions: Have a purchasing facility -you can buy for the services and goods, Act the role of currency in a closed ecosystem; To be a symbol of a shareholder’s share in a “companies”; A powerful indicator of something (the number of available gigabytes to load); Form of remuneration for some actions. That is, a token can similarly be used as a reward tool in a game, and also be a unit of account section. This is one of the main differences between tokens and coins.  Cryptocurrency or digital c...

Ethereum(ERC) Token Standards

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Ethereum is the most commonly used blockchain network that is specialized for its premium smart contract functionality. Ethereum request for comments (ERC) is a protocol of the ethereum blockchain network and the token is a script running on the ethereum blockchain. ERC tokens are backed by assets on blockchain peer to peer network and can be traded or exchanged like bitcoin, ethereum, and other cryptocurrencies. The ERC tokens are generally used for crowdfunding (ICO) to make capital for business. Some of the most popular ERC Token Standards are ERC20 ERC1400 ERC721 ERC721x ERC827 ERC777 Developcoins a leading Ethereum Token Development Company offer their services for business, entrepreneurs, and start-ups with a year of experience in ERC token development. Our experts also offer ERC20 token wallet development services   for Android, Web, and iOS , token creation, ICO development, token digital wallet development, token transfer, listing on the exchan...

Create your own Blockchain

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Blockchain is a digital record of transactions. The name implies, is a chain of digital blocks that contain records of transactions. Each block contains 3 pieces of information. Data Hash Previous block’s hash Data : Based on the use, the data that is securely stored in a block depends on the type of blockchain. For example, in the Ethereum blockchain, the data stored in the info relating to the transaction: the amount of money transferred and the data of the two people involved in the transaction. Hash : You can think of a hash as a digital fingerprint. It is used to identify a block and its data. What’s important about hashes is that it’s a unique alphanumeric code, usually about 64 characters. When a block is developed, so is its hash. When a block is modified, the hash is also modified. In this way, hashes are fundamental if you want to detect any changes made to the block. Previous block’s hash – By storing the hash of the previous block, you...