At the time of their launch, NFTs were perceived as just another form of earning revenue for financial institutions. As a result, a swathe of services providers added NFTs to their portfolios with the hope that they might gain some traction. However, that never happened.
In fact, NFTs are more than just another asset in the investment portfolio. They are huge, they are important and in all honesty, they are the future.
In early 2020, NFTs experienced an explosive rise with their collective value of the tokens surpassing the 100 M mark. Not to miss, that happened in less than…
Crypto markets are known for being insanely volatile that has created and destroyed many fortunes. Unlike the stocks, where a 2% gain holds greater significance, crypto markets have generated returns as high as 10x within a few hours. And that’s exactly why millions of users have flocked to crypto trading with the hope to generate immediate profits.
At the same time, exchanges have an opportunity to regale a huge pool of users by introducing more trading choices. Since most white label bitcoin exchange software tools support all major trading techniques, new entrants can quickly learn and participate in mainstream markets.
South Korea is truly crypto crazy. While the country has less than 1 percent of the world’s population, estimates indicate it is responsible for 30 percent of all crypto trading in the world.
While people in other countries may be hesitant to indulge in something which is emerging, South Korea is known for the quick adoption of new tech offerings. As per the recent survey, it is reported that the two largest crypto trading platforms of South Korea have experienced more than 2 million user registration in just three months with different age groups. …
Unlike a centralized exchange where a group of individuals controls and manages the platform, a Peer-to-Peer exchange is governed by software. It connects the counterparties directly to set up a trade. As a result, it creates a very flexible yet secure environment to trade cryptocurrencies.
In a centralized setup, the exchange acts as an intermediary between the counterparties. While the platform makes a profit by charging a trading fee, it exposes users’ assets to hacks and adds to the overhead costs. On the contrary, while using a peer-to-peer exchange, the user does not need to depend upon a third party…
Decentralized Finance or DeFi was the hottest crypto trend in 2020. Many speculated that DeFi would meet the same fate as the 2017 ICO bubble. However, the DeFi bubble denied to pop and seems to be getting even bigger and stronger in 2021. Currently, the total value locked in DeFi protocol amounts to be over $40 billion. Interestingly, the value has almost tripled since the beginning of 2021. As a Defi development company, Antier Solutions believes that DeFi sector is primed for explosion.
What started as an experiment seems to have turned into a global movement. DeFi has now penetrated…
Federal Bureau of Investigation (FBI) estimated that the total cost of insurance fraud is over $40 billion per year. Basically, the sheer complexity of the modern insurance industry creates a visibility gap that is exploited by criminals to make multiple or false claims. The insurance setup is inherently complex involving brokers, insurers, reinsurers, and the product consumer. Along with that, the current insurance system is driven by paper contracts and the claims keep shuffling from insured entities to insurers and reinsurers. As a result, the claims and payments are prone to manual errors or frauds.
Reports claim that in 2018, the OTC cryptocurrency market trade volumes were 2 to 3 times higher than the crypto exchange market trade volumes. According to the data presented by TABB, the capital market research firm, the Bitcoin trade volumes in crypto exchange markets were close to $4 billion per day. This means the OTC crypto market trade volumes were somewhere between $8 billion and $12 billion.
Bitcoin and other crypto-assets have been in limelight for the past few years. However, due to the high volatility of the crypto market, entrepreneurs and organizations are not able to use Bitcoin and other cryptocurrencies as a mode of value transfer. This is where stablecoins play a pivotal role. They open the advantages of crypto assets to end-users without exposing them to high price volatility.
Want to create a crypto wallet where your users have complete control over their funds? Look no further! Start developing your own DeFi wallet today!
What is a DeFi Wallet?
A DeFi wallet is a secure crypto wallet that allows users to store their digital assets with no reliance on a third-party to hold their assets. Defi wallet development includes creating powerful digital wallets to help improve the entire Decentralized Finance ecosystem both in terms of transactional safety and efficiency. …
Lately, neobanking has become a buzzword in the FinTech industry; the term has gained rapid momentum. But do we know what it’s all about?
What is Neobanking?
A neo bank is a kind of digital bank without any branches. Unlike a traditional bank, neobanks do not have a physical presence — they operate and serve online.
Neobanks are also known as FinTech firms as they provide both digital and mobile-first financial solutions payments and money transfers, money lending, and more. This is the reason why most of the businesses are showing interest in crypto-friendly neobank solutions.
Neobanks do not have…
DeFi, Crypto banking, White label cryptocurrency exchange development, Crypto wallet development, coin development, fintech, Blockchain