Centralized cryptocurrency exchanges are plagued with problems. Hackers, embezzlement, and government shut downs make it a risky venture for anyone to store coins with them, but decentralized OTC options can be just as problematic. That’s why 0x (pronounced zero ex) was created.
The Russia-based Waves Platform seeks to fix a major problem in cryptocurrency. As of mid-April 2018, ICOs raised over $6.3 billion, easily surpassing the $5.6 billion raised in 2017. But 20 ICOs started in 2018 already failed in the first quarter. Is Waves the solution?
Online gambling Is a $52 billion global industry. The Augur Ethereum-based decentralized oracle and prediction market is seeking to disrupt this industry using its REP token. It’s been in development since 2014 and its beta is online, enabling bets on anything. But its legal woes have just begun.
London-based Populous differs from other cryptocurrencies in that it focuses on the niche of invoice financing. Its beta, which launched May 1, 2018, combines blockchain technology, XBRL data, and the Altman Z-score for an in-house credit rating system to assess debts and create an auction platform.
BitShares dove head on into the forefront of the battle to regulate cryptocurrencies. Ethereum and Bitcoin are being reviewed by the Securities and Exchange Commission to determine the key differences that indicate a crypto token is acting as a security.
Bitcoin is a single layer cryptocurrency, and Ethereum is a dual-layer blockchain that adds smart contracts and dApps to the mix. Chinese blockchain Bytom takes things a step further with a triple-layer approach.