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Showing posts with the label cryptocurrency wallet

Asset Tokenization Platform - Crypto app factory

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What is an Asset Token or Asset Based Tokens ( ABT )? With the emergence of Blockchain, the concept of ‘Tokenization Blockchain’ is becoming mainstream. Lets go back a little and start with Cryptocurrency. The era of crypto witnessed many coins being born ( Bitcoin, Ether, Neo, Zcash etc. ). It became clear to the world that anyone can create a coin based on an algorithm and pre-defined logic ( There are 4000+ coins at this moment ). This trend shifted to people creating Utility tokens, which are again a cryptocurrency that was used to facilitate an event or transaction in a business logic ( Ex: XRP is used to transfer money across borders ). These coins or tokens were priced and traded. This gave launch to something called the Initial Coin Offering  ( ICO ). But then many ICO’s crossed the barrier of being just a Utility token, to being a share of the issuing company. The regulatory bodies across the globe took notice and started issuing strict warning on this. So, was bor

Cryptocurrency Comparison Script-crypto app factory

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A cryptocurrency is a fully decentralized, secure, digital currency whose creation is controlled by cryptography. Cryptocurrencies are not issued by central banks and their value does not depend on bank policies. Unlike regular currencies where new money can be introduced in the money supply through Quantitative Easing (QE), cryptocurrency prices are purely based on supply and demand. Bitcoin, created in 2009, was the first cryptocurrency. There currently are over 800 alternative cryptocurrencies, called Altcoins, such as Ethereum , Ripple and Litecoin. How? All data on the site is popultaed from API's from a varity of other sources (Major Exchanges, ICO sites , Markets etc. ) Pages get created dynamically for each coin in the market and each stat produced by Exchanges on regular basis ( in no time your site will have thousands of data rich pages ). Ex: https://www.coingecko.com/en/coins/ripple https://www.coingecko.com/en/exchanges/binan

Cryptocurrency Bitcoin Lending Script-cryto App Factory

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What is a Bitcoin lending Business? Bitcoin lending business is very similar to the legacy money lending business. Investors who want to double their Crypto invest their reserve of cryptocurrency Bitcoins on your platform. Borrowers who want immediate money borrow from your platform and accept to pay an interest. Using this incredible BitInvest script, you are a marketplace. Where investors invest and get their own dashboard to watch their investment grow. On the other side, Borrowers borrow Bitcoins and other Cryptocurrency for a fixed interest. They get their own dashboard as well. How do you make money with this bitcoin investment script? Simple. Step 1 : Investors who want to double their Bitcoin holdings will handover their Crypto’s to you via. your platform ( Using the investor Dashboard ) Step 2 : On the other hand, there are many Users who want immediate money for a variety of purpose ( Business expansion, Personal expense etc. ). They are ready to pay

Cryptocurrency Wallet Script Software-Crypto App Factory

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A cryptocurrency wallet is a software program that stores private and public keys and interacts with various blockchain to enable users to send and receive digital currency and monitor their balance. If you want to use Bitcoin or any other Cryptocurrency, you will need to have a digital wallet. When a person sends you bitcoins or any other type of digital currency, they are essentially signing off ownership of the coins to your wallet’s address. To be able to spend those coins and unlock the funds, the private key stored in your wallet must match the public address the currency is assigned to. If public and private keys match, the balance in your digital wallet will increase, and the senders will decrease accordingly. There is no actual exchange of real coins. The transaction is signified merely by a transaction record on the blockchain and a change in balance in your cryptocurrency wallet. 3 compelling Reasons Why you should own this piece of Art! 1) Believe-it-or-Not

How to Integrate ERC20 Tokens and Ripple XRP? – Crypto App Factory

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How it works? The difficult parts in integrating an ERC20 token to any application / Exchange development are: In-Sufficient libraries for all technologies, the installation of the Ethereum Node, The deployment of the respective contracts (that differ from token to token), the seamless communication between the node and the application for the respective contracts for the respective commands. We have solved all the above by creating an Add-on that is written on NodeJS. All you need to do is Step 1 : Install this fantastic Add-on on a separate instance (using our user friendly Step-by-Step installation manual) Step 2 : Install the Ethereum Node. (Using our crystal clear step-by-step instructions) Step 3 : Connect the Add-on to the ETH Node using the robust API’s provided (and instructions provided) Step 4 : Get the Admin Panel up & running (using the simple step-by-step instructions). Step 5 : Add the required ERC20 tokens via. the Admin Panel (by keying

Importance of Liquidity in Cryptocurrency Exchange Development

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What is Liquidity? Liquidity refers to how easily an asset can be bought or sold at a stable price on a given market. The quicker you can sell off an asset as close to your asking price as possible, the more liquid an exchange is considered to be. How Cryptocurrency Exchanges Work? Cryptocurrencies are traded through either Centralized or decentralized exchanges. Those exchanges operate with a certain amount of buyers and sellers. The market Participants create the buying and selling through their bids. The Exchanges are also not trading at the same prices, but the price differences usually even out through simple market supply and demand. Exchanges offering certain options, such as leverage, the option to short or fiat trading pairs are in a great advantage. Additional drivers can include support for specific cryptocurrencies, where some exchanges specialize in supporting as many different cryptocurrencies as possible, while others support only a limited amount.

How to Launch Security Token Offering?-Crypto App Factory

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Security tokens are finding its place in Crypto and advisors around the world have started offering security token offering advisory services.STO can be considered as the new ICO or IPO. A Security token performs the same function as conventional security, except that it confirms ownership through blockchain transactions and also make fractional ownership possible. Security tokens are subject to federal laws that govern securities, protecting investors on some levels. Security tokens are programmable. Since these securities are tokenized on a blockchain,” smart contracts ” can make them act in a certain way, without the use of a third party. Security Token Benefits: Issuance of security tokens under Regulation A+.Regulation D, Regulation S and Regulation Crowdfunding also tends to be significantly cheaper and faster, than conducting Initial Public Offerings (IPO). Tokens classified as securities tend to provide investors with another option of generating dividends as w

Why do we need Stable Coin?

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What is Stable coin? Stable coins aim to become global, fiat-free money that is programmatically issued and tracked with the use of blockchain technology.Stablecoins fall into the category of payment tokens ,whose main purposes are store of value,medium of exchange,or unit of   account.Unlike other cryptocurrencies such as Bitcoin   and ether,stablecoins by design aim to achieve stability and decrease the volatility that is frequently associated with cryptocurrency markets. The main benefits that stablecoins strive to create are price stability, scalability ,privacy, decentralization and redeemability. Stablecoins work as a bridge between the world of crypto and the world of fiat currencies. The companies use some centralized authorities that back every coin with one-to-equivalent in USD or Crypto and controls the price volatility. Types of Stable Coins: There are three Principles models used with the aim of enabling stablecoins to achieve their characteristic price s