Facebook is expanding its blockchain department with a new boss

The tech giants are exploring the blockchain and Facebook will not be abandoned. The company has reportedly promoted one of its senior engineers, Evan Cheng, to director of engineering for its new blockchain division.

Turn on the blockchain division

Last May, Facebook Messenger CEO David Marcus announced he was leaving the post to help the company explore the use of blockchain technology.

“I’m creating a small group to explore how best to use Blockchain on Facebook, starting from scratch,” Marcus said in a post on his Facebook page. This came months after Facebook CEO Mark Zuckerberg announced that he had begun researching possible uses of cryptocurrencies for Facebook. Blockchain is proving to be the main technology behind the cryptocurrencies brought to fame by Bitcoin.

Joining Marcus is now another senior engineer on Facebook.

Take blockchain seriously

Now that one of his senior engineers has joined the blockchain division, the social networking giant looks more serious than ever. Evan Cheng’s LinkedIn profile supports his transfer, as he recently became director of engineering for Blockchain. Cheng was previously known as the head of Language and Time Programming for Facebook. He has held the post for three years.

Cheng had previously been at Apple and worked as a senior low-level tool manager. He also has experience in engineering and compilation technology. Cheng’s record shows him writing on Twitter about a blockchain. In addition, he has previously served as a distributor to several blockchain startups / projects such as ChainLink and Zilliqa.

“It simply came to our notice then [Cheng’s promotion] not just a research project, “TechCrunch cites a source who monitors the blockchain space. According to the same source, placing Cheng in the blockchain division means the project is important because he knows something or two about scalability and performance.

As of the first quarter of 2018, Facebook has over 2 billion active users per month worldwide, making it a likely target of security threats for the vast amount of valuable information it currently stores. In recent news, the company has been embroiled in various data breach scandals in which data from 87 million Facebook users has been collected and used in political campaigns. However, the number of monthly users has still increased by 13 percent compared to the first quarter of 2017. Seeing the significant impact of social media in today’s society, it is high time Facebook and similar social networking sites found ways to protect their users from unscrupulous manipulations.

Moving Facebook to blockchain research can be one step in solving these problems. With the decentralized and unchanging design of the blockchain, it makes it possible to streamline processes as well as to strengthen security in data processing in many industries.

Things that look positive for cryptocurrencies

Although there were market adjustments in the cryptocurrency market in 2018, everyone agrees that the best is yet to come. There were many activities in the market that changed the tide for the better. With proper analysis and the right dose of optimism, anyone who is invested in the crypto market can earn millions from it. The cryptocurrency market is here to stay in the long run. Here in this article we give you five positive factors that can stimulate further innovation and market value in cryptocurrencies.

1. Innovation in scaling

Bitcoin is the first cryptocurrency on the market. It has the maximum number of users and the highest value. It dominates the entire value chain of the cryptocurrency system. However, it is not without problems. Its main narrow is that it can process only six to seven transactions per second. By comparison, credit card transactions average several thousand per second. Obviously, there is room for improvement in transaction scaling. With the help of peer-to-peer transaction networks on top of blockchain technology, it is possible to increase the volume of transactions per second.

2. Legitimate ICOs

Although there are cryptocurrencies on the market with a stable value, newer coins are being created that are designed to serve a specific purpose. Coins like IOTA aim to help the Internet of Things market by exchanging currencies. Some coins solve the problem of cybersecurity by providing encrypted digital repositories for storing money.

The new ICOs offer innovative solutions that disrupt the existing market and add new value to transactions. They also gain market credibility with their easy-to-use exchanges and reliable backend operations. They innovate both technologically in terms of the use of specialized mining hardware and on the part of the financial market, providing more freedom and opportunities to investors in the stock market.

3. Clarity regarding regulation

In the current scenario, most governments study the impact of cryptocurrencies on society and how its benefits can be reaped for the community as a whole. We can expect that there may be reasonable conclusions based on the results of the research.

Few governments are already embarking on the path of legalizing and regulating crypto markets, like any other market. This will prevent ignorant retail investors from losing money and protect them from harm. Regulations are expected to appear in 2018 to accelerate the growth of cryptocurrencies. This will potentially pave the way for widespread use in the future

4. Increase the application

There is a huge enthusiasm for the application of blockchain technology in almost every industry. Some start-ups offer innovative solutions such as digital wallets, debit cards for cryptocurrencies and more.

The reputation of crypto assets as a transaction environment will be strengthened as more people trust this system. Although some start-ups may not survive, they will make a positive contribution to the overall health of the market by creating competition and innovation.

5. Investments from financial institutions

Many international banks are watching the cryptocurrency scene. This can lead to the entry of institutional investors into the market. The inflow of significant institutional investment will fuel the next phase of cryptomarket growth. It has captured the imagination of many banks and financial institutions.

As surprises and bottlenecks around cryptocurrencies diminish, there will be more absorption from traditional investors. This will lead to the great dynamism and liquidity needed for growing financial markets. The cryptocurrency will become the de facto currency for transactions around the world.

Legal status of virtual currencies / cryptocurrencies in India

The legality of cryptocurrencies is one of the main concerns in India. It keeps many investors in a country where people think investing in cryptocurrencies can make it difficult for them or even lose their money. This is a complete scam, as investors have been involved in this excellent process of multiplying money for quite some time.

If we set aside ponzi MLM-based projects in India or around the world and choose cryptocurrencies wisely, there are definitely no problems as such. Still, for those who are still worried about this upcoming bustling market, I will try to cover all aspects of the legalization of cryptocurrencies in India.

While China banned cryptocurrency trading to come up with regulations, Japan took the first initiative to regulate those currencies. The United States and Australia are already setting regulatory guidelines as soon as possible.

Fintech Valley Vizag, the flagship initiative of the government of Andhra Pradesh, JA Chowdary, which is CM’s IT advisor, is involved in creating a solid foundation for Indians to develop and adopt blockchain technology. Plans are also being made to open blockchain training schools for the younger generation. So when this level of strategies are made and implemented, you can understand that the country welcomes the blockchain and the projects based on it. Definitely, cryptocurrencies will soon be regulated.

During a fintech event at KPMG, RBI CEO Sudarshan Sen said: “We currently have a group of people looking at fiat cryptocurrencies. Something that is an alternative to the Indian rupee, so to speak. We are looking at it more closely.” . Statements have been made that RBI will not take any responsibility for investors who go for cryptocurrencies. While the Indian government is monitoring domestic cryptocurrency growth with a mixture of fears and intrigue, local startups are leading the way in including bitcoin and other cryptocurrencies in India’s high digital ambitions. If you look closely, you will find that various crypto projects such as Indicoin (cryptocurrency) and Zebpay (bitcoin exchange) are already operating on the market.

In particular, Indicoin has just successfully completed their pre-sale and ICO and sold over 95% of the total number of tokens available. The figure clearly shows that investors not only from India but also from around the world have shown great support for the project. Indicoin will be traded on HitBTC and various other major exchanges around the world. So, even if the regulations take some time, investors can trade Indicoins. The transactions are not in fiat currency, so there is no damage to national law as such.

Zebpay, the bitcoin exchange has been active for a long time. They are allowed to operate on the market and do great! So, if projects like Indicoin and Zebpay can set up a platform and attract their customers by creating good awareness, this will catalyze investment in cryptocurrencies in the future.

Now, if you visit bitcointalk and try to find regulations in India, you will notice the comments of experts, of all the maximum contains the motivation to continue trading cryptocurrencies.

Isn’t India, of course, a communist country like China, where only one regime decides the state of the country? It is a democracy and if the whole system welcomes cryptocurrencies, the government cannot deny it. We all know what potential is in cryptocurrencies and will definitely raise the economic foundations of the common man.

The regulations are at the door, the framework will enter into force soon after the commission decides the norms to be determined. Whatever the regulations, one thing is for sure, trade will not stop and projects like Indicoin and others will create great noise in the market. So, I think everyone needs to buckle up and prepare to witness a whole new era of virtual currencies and digitalisation. It will be different and better, right?

How Blockchain can rediscover the global supply chain

Since its inception in 2008, the technology behind the world’s most famous cryptocurrency, Bitcoin, has kept the court on edge, attracting attention mostly from start-ups and the financial services sector. Recently, however, it has begun to receive a lot of attention, as companies are gradually realizing that it can be useful for many other things besides tracking payments.

Simply put, a blockchain is a distributed book that sorts transactions into blocks. Each block is nailed to the one before it, using complex mathematics, right up to the first transaction. The records are permanent, transparent and searchable, which allows community members to view the history of transactions in their entirety. Each update is a new “block” added at the end of the “chain” – a structure that makes it difficult for anyone to modify the records at a later stage. The book allows the recording and sharing of information between large groups of unrelated companies and all members must collectively check for any updates – which is in everyone’s interest.

To date, a lot of attention and money has been paid to financial applications for the technology. However, an equally promising test case is the global supply chain relationship, whose complexity and diversity of interests pose exactly the types of challenges that this technology seeks to meet.

A simple application of the blockchain paradigm to the supply chain could be to register the transfer of goods in the register, as transactions would identify the parties involved, as well as the price, date, location, quality and condition of the product and any other information that would be relevant to supply chain management. The cryptography-based and unchanging nature of the transactions would make it almost impossible to compromise the ledger.

Many startups and corporations are now deploying blockchain to rediscover their global supply chain and manage their business more efficiently:

1. For Maersk, the world’s largest shipping company, the challenge is not to keep track of the familiar rectangular shipping containers that sail around the world on board cargo ships. Instead, he goes around the mountains of documents attached to each container. One container may require stamps and approvals from up to 30 countries, including customs, tax officials and health authorities, distributed in 200 or more interactions. While the containers can be loaded on a ship in minutes, the container can be detained at the port for days because a piece of paper disappears while the goods inside spoil. The cost of moving and tracking all these documents is often equal to the cost of physically moving the container around the world. The system is also fraught with fraud, as the valuable bill of lading can be tampered with or copied, allowing criminals to siphon goods or distribute counterfeit products, leading to billions of dollars in maritime fraud each year.

Last summer, Maersk sought cooperation from customs authorities, freight forwarders and manufacturers who fill containers. He began his first trials of a new digital book on shipping with these partners, on transport routes between Rotterdam and Newark. Once a document has been signed, the customs authorities can immediately upload a digitally signed copy so that all other participants – including Maersk himself and other public authorities – can see that it is complete. If there were disputes later, anyone could go back to the recording and be sure that no one had changed it in the meantime. Included cryptography also makes it difficult to falsify virtual signatures.

The second test tracked all documents related to a flower container moving from the port of Mombasa, Kenya, to Rotterdam, the Netherlands. As both attempts went well, Maersk followed up on containers of Colombian pineapples and mandarin oranges from California.

2. Like most retailers, Wal-Mart struggles to identify and eliminate the food that needs to be called. When a customer becomes ill, it can take weeks to identify the product, shipment and seller. To correct this, he announced last year that he would start using a blockchain to record and record the origin of produce – crucial data from a receipt, including suppliers, details of how and where the food was grown and who inspected it. The database extends the information from the pallet to the individual package.

This allows him to immediately find out where the contaminated product comes from in a matter of minutes versus days, as well as capture other important attributes to make an informed decision about the flow of food.

Wal-Mart has already completed two pilot programs – moving pork from Chinese farms to Chinese stores and production from Latin America to the United States – and is now confident that a completed version can be drawn up within a few years.

3. BHP relies on suppliers at almost every stage of the extraction process, concluding contracts with geologists and shipping companies for sampling and analysis, which manage business solutions involving multiple countries spread across continents. These providers typically track rock and fluid samples and analyzes with emails and spreadsheets. The lost file can cause big and expensive headaches, as the samples help the company decide where to drill new wells.

The BHP solution, which launched this year, uses a blockchain to record the movements of rock and fluid samples in the borehole and better protect the real-time data generated during delivery. Decentralized file storage, versatile data collection and consistency, as well as immediate accessibility are all aspects that will improve its supply chain.

BHP now requires its providers to use a live data collection application – with a dashboard and what-to-do options that are highly streamlined to their respective jobs. A technician who takes a sample can attach data such as collection time, a laboratory researcher can add reports and all will be immediately visible to anyone who has access. No more lost samples or frantic messages. Although some elements of the process are the same, the new system is expected to stimulate internal efficiency while allowing BHP to work more effectively with its partners.

So far, in most first implementations, the blockchain works in parallel with the company’s current systems – often older databases or spreadsheets such as Microsoft’s Excel. The hardest part will be creating new business models. Implementing an enterprise-wide blockchain means that companies will often have to eliminate their existing business processes and start from scratch. An endeavor not for the faint of heart.

Fear not, China does not ban cryptocurrency

In 2008, following the financial crisis, a report entitled “Bitcoin: Electronic Cash System” was published, detailing the concepts of the payment system. Bitcoin was born. Bitcoin has gained worldwide attention with the use of blockchain technology and as an alternative to fiat currencies and commodities. Named the next best technology after the Internet, the blockchain offers solutions to problems we have failed to address or ignore over the past few decades. I will not go into the technical aspect, but here are some articles and videos that I recommend:

How bitcoin works under the hood

Gentle introduction to blockchain technology

Have you ever wondered how bitcoins (and other cryptocurrencies) actually work?

Fast forward to today, on February 5, the Chinese authorities have just introduced a new set of regulations banning cryptocurrency. The Chinese government already did this last year, but many have been circumvented through a foreign exchange. It has now activated the all-powerful Great Wall of China to block access to foreign exchanges in an attempt to stop its citizens from making any cryptocurrency transactions.

To learn more about the position of the Chinese government, let’s go back a few years to 2013, when bitcoin was gaining popularity among Chinese citizens and prices were rising. Concerned about price volatility and speculation, the People’s Bank of China and five other government ministries issued a formal notice in December 2013 entitled “Bitcoin Financial Risk Prevention Notice” (Link in Mandarin). Several points were highlighted:

1. Due to various factors such as limited supply, anonymity and lack of a centralized issuer, Bitcoin is not an official currency but a virtual commodity that cannot be used on the free market.

2. All banks and financial institutions are not allowed to offer bitcoin-related financial services or engage in commercial activities related to bitcoin.

3. All companies and websites that offer bitcoin-related services must register with the necessary government ministries.

4. Due to the anonymity and cross-border characteristics of Bitcoin, organizations providing Bitcoin-related services should apply preventive measures such as KYC to prevent money laundering. Any suspicious activity, including fraud, gambling and money laundering, must be reported to the authorities.

5. Organizations providing bitcoin services should educate the public about bitcoins and the technology behind them and not mislead the public with misinformation.

In a non-specialized mandate, Bitcoin is categorized as a virtual commodity (eg in-game credits) that can be bought or sold in its original form and not exchanged with fiat currency. It cannot be defined as money – something that serves as a medium of exchange, an accounting unit and a stock of value.

Despite the 2013 notice, it is still relevant to the Chinese government’s position on bitcoins and, as mentioned, there are no indications of a ban on bitcoin and cryptocurrency. Rather, regulation and education for bitcoin and blockchain will play a role in the Chinese crypto market.

A similar notice was issued in January 2017, reiterating that bitcoin is a virtual commodity, not a currency. In September 2017, the initial coin offer (ICO) boom led to the publication of a separate notice entitled “Notice on the prevention of financial risk from issued tokens”. Soon after, ICOs were banned and Chinese stock exchanges were investigated and eventually closed. (Hindsight is 20/20, they made the right decision to ban ICO and stop pointless gambling). Another blow was dealt to the Chinese cryptocurrency community in January 2018, when mining operations faced severe repression, citing excessive electricity consumption.

Although there is no official explanation for the repression against cryptocurrencies, control over capital, illegal activities and protection of its citizens from financial risk are some of the main reasons cited by experts. In fact, Chinese regulators have introduced stricter controls, such as withdrawals abroad and regulation of foreign direct investment, in order to limit capital outflows and ensure domestic investment. The anonymity and ease of cross-border transactions have also made cryptocurrency a favorite means of money laundering and fraud.

Since 2011, China has played a crucial role in the meteoric rise and fall of bitcoins. At its peak, China accounted for more than 95% of global bitcoin trade and three-quarters of mining operations. With regulators intervening to control trade and mining, China’s dominance has shrunk significantly in exchange for stability.

With countries like Korea and India following the example of repression, the future of cryptocurrency is now being overshadowed. (I will repeat my opinion here: countries regulate cryptocurrency, not ban it). No doubt we will see more nations join in the coming months to take over the turbulent crypto market. In fact, an order was long overdue. Over the past year, cryptocurrencies have experienced unprecedented price volatility and ICOs are happening literally every other day. In 2017, the total market capitalization increased from $ 18 billion in January to a record $ 828 billion.

However, the Chinese community is in a surprisingly good mood despite the repression. Online and offline communities are thriving (I’ve personally attended a lot of events and visited some of the companies), and blockchain startups are springing up all over China.

Major blockchain companies such as NEO, QTUM and VeChain are attracting a lot of attention in the country. Startups like Nebulas, High Performance Blockchain (HPB) and Bibox also get a lot of traction. Even giants like Alibaba and Tencent are also exploring blockchain capabilities to improve their platform. The list goes on and on, but you understand me; will be HUGGEE!

The Chinese government is also embracing blockchain technology and has intensified its efforts in recent years to support the creation of a blockchain ecosystem.

In China’s 13th Five-Year Plan (2016-2020), it called for the development of promising technologies, including blockchain and artificial intelligence. He also plans to step up research into the application of fintech in regulation, cloud computing and big data. Even the People’s Bank of China is also testing a prototype of a blockchain-based digital currency; However, as it is likely to be a centralized digital currency, flooded with some encryption technology, its acceptance by Chinese citizens remains to be seen.

The launch of the Trusted Blockchain Open Lab, as well as the China Blockchain Technological and Industrial Development Forum by the Ministry of Industry and Information Technology, are some of the other Chinese government initiatives to support blockchain development in China.

A recent report entitled “China Blockchain Development Report 2018” (English version in the link) by the China Blockchain Research Center details the development of the blockchain industry in China in 2017, including the various measures taken to regulate the cryptocurrency in the continent. In a separate section, the report highlighted the optimistic outlook for the blockchain industry and the huge attention it received from VC and the Chinese government in 2017.

In summary, the Chinese government has shown a positive attitude towards blockchain technology, despite its application to cryptocurrencies and mining operations. China wants to control the cryptocurrency and China will gain control. Repeated coercive measures by regulators were aimed at protecting their citizens from the financial risk of cryptocurrencies and limiting capital outflows. It is currently legal for Chinese citizens to hold cryptocurrencies, but they are not allowed to make any form of transaction; hence the ban on exchange. As the market stabilizes in the coming months (or years), we will undoubtedly see a revival of the Chinese crypto market. Blockchain and cryptocurrency come hand in hand (except for a private chain where the token is unnecessary). That way, countries can’t ban cryptocurrency without banning blockchain great technology!

One thing we can all agree on is that the blockchain is still in its infancy. Many exciting events await us and right now is definitely the best time to lay the foundations of a world activated by a blockchain.

Last but not least, HODL!

Top 5 start-up Fin Tech for young application-based investors

In his book “Only Paranoid Survive“, a semiconductor industry legend and founder of Intel, Andrew S. Grove gives an in-depth idea of ​​the strategic breaking point (SIP). Describing it as a critical transformation in an industry, Andrew justifies how SIP affects the company and forces it to change from in terms of process, systems, products and sometimes identity.The financial field, while remaining the same in its motive for saving and finding better ways to invest money, has come a long way from banks to mutual funds, equity bonds. is rocket science, finance has been taken to new dimensions of investment and cost management, thanks to evolution due to the theory of strategic points of inflation.The next chapter of finance has already been introduced through mobile applications that allow easy investment. for fintech, we explore five of the most promising investment-oriented fintech startups in the world that are exclusive mobile.

1. Inuit Mint: Mint is a personal banking investment advice application designed in an easy-to-access interface. It monitors your income, savings, investments and based on them creates a budget and recommends consumer spending. With Mint, you don’t have to worry about checking your account statements or checking all pending accounts. You can also find ways to keep your credit rating higher and consistent. This one-touch financial manager automates your expenses to your income to make you achieve your financial goals in a reasonable amount of time.

2. A hiding place: By bringing the investment threshold to something as low as $ 5, Stash creates a different niche for potential investors. Stash is an investment platform for beginners, which promotes about 30 different investment opportunities, from which one can choose according to their preferences and goals. These investment options are prepared through intensive technical and market reports. In addition, when you start investing through Stash, it provides you with personalized recommendations and investment opportunities to get a better return. How does Stash manage to start an investment with just under $ 5? Well, these small amounts are used to record these investments in fractions.

3. Learn and invest from Rubicoin: “Learning by practicing” When you browse the Rubicoin website, you find their motive in the view. They came up with two applications: Learn and Invest, whose ultimate goal is crystal clear from their very name. Through Learn you get access to some valuable micro investment lessons that are published in non-specialized language and can be easily understood by everyone. Its purpose is to create an understanding of investment needs and instill confidence in you as you invest. Updated and enriched all the time, Learn gives you access to video, text and even audio tutorials when investing. Added to this is the blog shared by CFO Invest, on the other hand, it is a stock investment interface application that helps in creating and managing an investment portfolio. It has partnered with some of the best online brokerage services and is currently only available to iOS users. It is expected to learn and invest from Rubicoin in late 2016 in the Play Store.

4. Acorns: One of the most innovative ideas for automating savings and taking care of your change is Acorn. Acorn is a start-up company for Micro Investing. This idea of ​​micro investing is not related to start-up companies, but to a small amount of money that is invested. To use Acorn, you must first link all your accounts and cards to this app. Then, when you make a purchase through these accounts, and the backup change you receive in these costs is invested.

5. FinoZen: FinoZen believes in a philosophy of investing in short-term liquid mutual funds, rather than keeping your money at lower interest rates, collecting a savings account. An Indian startup, Finozen has attracted many interns and young employees who want to easily dispose of funds without trading in favor of a higher return on their investment. This Android fintech app can only be used for $ 2 and collects about 7-8%. FinoZen makes it easy to daily update your return on investment and easy transactions from your savings account to your FinoZen account and vice versa. It is interesting how the scenario for financial consulting and investment has developed in order to correspond to the consultations for each purse and purpose.

The five mobile applications mentioned above have created the era of digital investment, adding mobility, comfort and always active technical support to customers at almost zero prices. Yes, it is worth seeing how promising they turn out to be for their clients and whether they can ultimately reproduce the human comfort factor in the world of finance.

The Rise of Foreign Currency: Why Landing the Best Forex Broker is Now More Important Than Ever

Livelihood trading is becoming increasingly popular in the world now that many investors are abandoning traditional financial trading instruments and concentrating solely on Forex. Just as new brokers are emerging almost every day, enticing ill-prepared traders with massive, shiny banners to join their trading platforms. However, before you entrust a red cent to any online broker you come across by chance, it is best to first deal with your proper care with careful research.

The Internet is loaded with scammers and online Forex trading is no exception. However, if you find a great broker, you can be sure that your money is safe. Therefore, if you go up to the highest rated Forex company, it will help protect your trades. In addition, a highly ranked broker often gives you all the necessary tools and information on how best to engage foreign currency. Because Forex trading is considered a risky business, this information will help prevent bad trading decisions and huge losses.

Some important tips to keep in mind when looking for the best Forex brokers:

  • Take a look at the type of services offered. Since engaging in online currency trading does not require you to physically enter your broker’s office, it is best to choose a Forex company that will not hesitate to solve any problems you may have. The support staff of the best Forex brokers are often easily accessible around the clock by phone, mail or live chat. This means that you should avoid brokers who do not offer this key provision. You can usually determine the quality of service of your chosen broker through the reviews and recommendations of others who have used them.
  • They must be registered with a regulatory body. To protect traders from fraud, several financial regulators have been set up to monitor the behavior of Forex brokers online. The two most common are the US Commodity Futures Trading Commission (CFTC) and the Financial Services Authority (FSA). If a broker has not gone through the in-depth registration process provided by one or both of these agencies, this should be avoided. Good Forex brokers will improve their reputation by providing certification through any local financial authority.
  • Great brokers often provide different types of accounts to their clients. If you really want to pursue a career in Forex trading, it is important to choose the type of account that best suits your background and style of trading. The best Forex brokers in the world usually give you the opportunity to choose the type of account that adequately meets your needs. Even if the broker has only one type of account, it should be designed so that you can modify it based on your trading preferences.
  • Take a look at the number of tradable instruments that the broker offers. The highest rated Forex brokers often have various trading tools that you can choose to trade. This allows you to practice diversifying your investment, especially during the proverbial “rainy days” when some of your investments do not meet expectations. You should also avoid investing your money with brokers who provide only one tradable instrument or several others. In addition to currencies, highly ranked Forex brokers provide other tradable instruments such as commodities (crude oil, metals, etc.), contracts for differences (CFDs), stocks, etc.
  • Quality Forex brokers often have competitive spreads in the market. The spread (the difference between the offer price and the price) is important in Forex trading, as you pay this fee every time you make a trade through your trading platform. Spreads are either fixed or variable. The first remains the same no matter what happens in the market, while the second changes depending on market activity. You should avoid attracting the services of a broker with a large spread, as this will only increase your transaction costs.
  • The best Forex platforms offer a demo (practical) account: Before switching to currency trading, you need to test your trading strategy through a demo account. Because it provides real market conditions, this account is important to increase your confidence and improve your skills before embarking on the Forex trading business. The best Forex brokers provide these demo accounts for free. You should avoid brokers who do not provide this basic tool, especially if you are a novice trader.

Thank you.

Surprisingly successful startups get instant results with paid offshore hosting

Website hacking statistics in February 2018 show that sites hosted in the United States are infected with more than 18,000 attacks of cryptocurrency mining software and as a result, thousands of government websites have crashed. The number of hacked websites increased from 83% in 2017 to 90% in 2018.

The mirage of free hosting

Free hosting is attracting attention and seems to be a cost-effective alternative to paid hosting, which is why some website builders have become popular in recent years. Free hosting is limited in terms of user privileges, protection and terms of use and rules. Many novice entrepreneurs have had the opportunity to try new things before scaling up website projects. However, he returned later and persecuted them so much because of their bitter experience. Eventually, they realized that the savings from free hosting were insignificant and really not worth the risk.

Free hosting does not have the flexibility to meet customer requirements, security needs and adherence to strict deadlines in complex projects. Effective planning and control of various project activities are necessary for companies to meet their deadlines, optimize resources and reduce losses to achieve their business goals.

Offshore hosting is complex and demanding

Sometimes security-conscious businesses need offshore hosting services for a large online presence and to operate their sites in a different country than they are physically located. When you host a site in a different country, customers are assured of the benefits of the legal privacy regulations that prevail in their country, in addition to the company’s own data security protocols. in which cyber law is strict with a strict filter system. In some cases, the cost of offshore hosting plans can be cheap, but with high standards and support. Then, when you pay for quality hosting, you will get significant benefits for your offshore business, without the likelihood of security vulnerabilities, slow upload and download speeds, downtime, poor customer service and many other serious drawbacks. When you migrate your website to free hosting, you have had nothing but problems. You realize it’s time to leave all the work to the feet of offshore hosts with competitive prices, great features, super fast charging and excellent support. This is full scale and high value for money.

You will feel completely free that you have migrated your site in an incredibly short time and it works flawlessly. Websites provided by paid hosting companies provide a perfect 99.9% uptime, which is essential for business. Free hosting providers tend to stay long. More downtime can lead to loss of revenue and customers.

You will be forced to run ads throughout the site on free web hosting platforms and you will not make money from it. Instead, the free hosting company generates revenue using your website. This leads to lower search engine rankings. Building a website with a professional company will provide higher search engine rankings, improved brand awareness and online reputation.

Free web hosting companies provide limited storage space and restrict user access, making it difficult to upload and transfer videos, photos, text, files, and so on without paying for additional storage.

The last word

Free hosting platforms do not have good customer support in case of technical problems. Complex websites will be severely affected as they rely on round-the-clock customer service to run databases and scripts. On the other hand, paid offshore hosting will provide fast VPS, exceptional customer support, perfect uptime, security, flexibility, scalability, privacy protection, no phishing, fraud or anything like that. The companies have guaranteed round-the-clock customer support by phone, email or chat, promising peace of mind even during emergencies. Give it a try, you won’t regret it. Paid offshore hosting services are driven by growth and provide high value for money for your business. This will also improve the company’s image, provide a unique identity and provide a competitive advantage.

How to get $ 10 free bitcoins, easy and simple

By now, you’ve probably heard of bitcoin – there are stories of people making thousands of dollars a night with this and other cryptocurrencies.

Like any new speculative investment, there is an element of risk. That’s why starting with a free $ 10 bitcoin is a good way to try it out and start learning how it all works. I am still new to all of this and came across this process during my research. It helped me, so I thought I should share it with you.

The first things you need to know about buying bitcoin are that there are several basic ways to buy it and it is not that complicated to do so.

The two main ways to buy bitcoin are through a broker or through an exchange. See the Coinbase – they are one of the largest exchanges, have a clean and easy to understand interface, are available from applications on various mobile and computer platforms and offer you $ 10. free bitcoins to get started. There are other exchanges I’ve tried and they work well – BTCMarkets and Coinspot to name a couple, which are both – but only Coinbase has a $ 10 startup bonus.

An additional advantage of Coinbase is that it works locally in multiple currencies – for example, if you are in Australia, all your data will be displayed in Australian dollars, so you do not have to keep up with exchange rates and the like.

It is also worth mentioning that Bitcoin is not the only cryptocurrency that Coinbase deals with – you can also buy Etherium (ETH), Bitcoin Cash (BCH) or LiteCoin (LTC) – whatever currency you choose to use, again you can get $ 10 from free bitcoins.

Without further ado, here’s how you get your free $ 10 from bitcoin:

1) Sign up for Coinbase (the link at the bottom of this article will entitle you to a $ 10 bonus)

2) Complete the account setup process, including verifying your email address, phone number and uploading proof of your ID (driver’s license, passport or other photo ID – this can be done by taking a photo with your phone si)

3) Enter your credit card information and check the card by reviewing the transactions that Coinbase will add to your internet banking statement (this is immediate and you will not be charged)

4) Order a bitcoin worth $ 100, etherium – whatever – in your already activated account. If your local currency is not the US dollar, you will need to make sure that you have ordered the equivalent amount of US $ 100.

*** IMPORTANT NOTE: All bitcoin purchases require a fee and Coinbase is no different. IN at most, your initial purchase fee of $ 100 should be around $ 4 ***

5) That’s it! A few days later, a $ 10 bitcoin will appear in your Coinbase account – even when you deduct the purchase fee, you still go ahead.

So, if you are interested in bitcoin, you want to dip your finger without risk and you want to get free money (!) During the process, try this. The Bitcoin bonus will cover more of your first deposit fees and can help you find out what it’s all about.

Sound good?

Some concluding remarks:

• This process will only work if you are a new Coinbase customer. If you already have an account, you will not receive the free credit

• You can only receive the free $ 10 if you register using the link below.

• The above offer is limited in time – once you create your account using the link, you have 180 days in which to make a purchase of bitcoin, lightcoin or etherium worth $ 100 and still get a loan of $ 10.

I hope you have a prosperous and happy future with bitcoin and take advantage of the free $ 10. Free money doesn’t come every day and with the pace at which bitcoin has grown recently, $ 10 can multiply quite quickly! My plan is to just sit for a while at $ 110 dollars, see what’s going on, and feel the ups and downs of Bitcoin. Let’s see how we go.

How to find start-up capital to start trading Forex

What if you have confidence in your abilities, but you don’t have enough money to finance your ambitions? Many traders who are successful in the paper trade are willing to trade, but without the ammunition going into battle. One of the best ways to get quick money is to sell some of your toys, gadgets and other themes that you may own, but very rarely or almost never use them. You can sell them at auction on ebay.com and a few days later you may have a few hundred extra dollars that you did not count on. You will want to avoid borrowing from your credit cards. This is too risky and the costs are too high. If you lose, you will have to return this money with 18% -20% interest.

If you have decided to borrow money for your capital to start trading, the best way to do it is to use a personal line of credit. You will pay much less interest and there is no minimum payment other than the accrued interest for each month. Get the money you need with the minimum interest rate. If you can’t afford it without risking your daily expenses, don’t do it. Better safe than sorry is the mantra you will want to follow when weighing the risk of your start-up capital.