According to the World Bank remittances hit $613 billion in 2017 and this amount is expected to continue to increase. The costs associated with sending money using traditional method have caused migrant workers and expats to turn to cryptocurrencies to send money...
In a twitter poll by Bank of England the majority of voters picked crypto as the preferred method to receive a monetary gift; also, investment bank and asset management firm Piper Jaffray reported on their “Holiday 2018” consumer report that teens rather receive...
‘Automated Teller Machines’ have been around for over half a century. They allow users to complete transactions automatically without the need of a bank clerk. ATMs provide easy access to cash, account reports, some allow users to transfer funds between...
What is a Bitcoin Wallet? Technically, bitcoins do not have a physical form or are stored in a single location. There are only transactions which are stored on the blockchain. However, a bitcoin wallet can be defined as a software where the cryptocurrency is stored....
After the Hi-Tech Park Belarus announced “Complete Legal Regulations” for cryptocurrencies, ChainBytes installed the first Bitcoin ATM in Belarus. The kiosk is located in the City of Minsk. The Republic of Belarus is located in Eastern Europe. Minsk, its...
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