Elrond Wins Approval to Issue E-Money in Europe

Elrond will soon be able to issue e-money in European Union, thanks to regulatory approval of its recent acquisition. On Thursday, the blockchain startup won the approval of the Romanian Central bank to acquire a fintech company Twispay. Twispay is a Romanian financial institution that provides payment services and issues electronic money. It also offers payment services for Visa and Mastercard. Twinspay also has the license to operate in the entire European Economic Area. That includes the European Union, Iceland, Liechtenstein,…

How Elrond Makes Smart Contracts Function Seamlessly

The Internet and blockchain technology are the precursors for an age that supports virtual digital currencies. As the world becomes more digital, the need for technological advancement is eminent. Above all, centralization is an ownership problem that decentralized finance fixes. Elrond network is a highly secure, fast, efficient, and scalable blockchain platform for distributed apps. Its primary objective is to construct a transparent architecture for different economies. Additionally, it aims to have low latency and high bandwidth transactions. Most importantly,…

Elrond – The Internet-Scale Blockchain Running on Average Computers

Elrond is one of the few blockchain projects that stole headlines from the DeFi craze in 2020, the biggest year for decentralized finance so far. The platform is less than two-years-old, but it has already met all the deadlines in its roadmap, launched its mainnet successfully, and saw its native token increase by 5,000% over the summer. There are several projects out there, aiming to become the most scalable network for DApps in the industry, but Elrond is special. With…

Newest Additions to the Top 100 Coins by Market Cap in Q2 2020

The Innovation Uprise Since the start of 2020, some major moves in the cryptocurrency space have highlighted its stride to maturity. Bitcoin seems to be stabilizing. Ethereum seems to be improving by the day. Several countries have initiated cryptocurrency regulation, increasing interest due to people staying at home during the pandemic. The race to the top is on-going 24/7 because the crypto market never sleeps. The competition is cut-throat, and new alternatives keep popping up every other day. That’s why…

Top Performing Coins during the COVID-19 Pandemic

The COVID-19 Situation and Blockchain The COVID-19 Pandemic has, in many ways, left the world gasping for breath. The pandemic has brought global lockdown, stock market crash, unemployment highs, and economic fluctuations. Because of the severity of the Corona Virus, authorities deemed it best to take such drastic measures to better humanity. But the blockchain industry, for better or worse, has found itself in a niche that remained almost entirely unaffected by the offset the pandemic has brought. Bitcoin, the…