Dagcoin News & Blog

So, you’ve decided that it’s time to start utlising an alternative currency, whether it be for investment, or simply for day-to-day payments.

It may seem daunting at first. After all, cryptocurrencies are in constant flux —  some might fail, and some might prevail. So, what you should be looking out for when choosing one to invest in?

According to top-level analysts at Germany’s largest investment bank, Deutschebank, investors are now increasingly choosing to hedge against inflation with Bitcoin rather than gold. This news was broken via Deutsche’s bank own Jim Reid via ZeroHedge, who stated the following – “There seems to be an increasing demand to use bitcoin where gold used to be used to hedge dollar risk, inflation, and other things(…)”

With the holiday season fast approaching, and many brick and mortar stores closed due to the effects of the COVID-19, we’re sure that many of you are struggling to find the perfect gift for your friends, family, and loved ones. Even without the pandemic bearing over us this winter, attempting to find the perfect, personalised gift for certain people can often prove to be a gargantuan task.

Were you with us on this week’s Dag Tech Day? Yes? Then you already know what we are about to dive into. No? Then buckle up, as we have some surprises in store for you!

If you’ve been following the journey of Dagcoin, you know that an important part of our mission is to secure financial services for those who need it the most. There are about 2 billion people in the world who do not have access to traditional banking. Therefore we find ourselves in a situation where a critical mass of the world’s population cannot deposit or purposefully use their finances.

What wonderful news for all Estonian formula fans! Our own Jüri Vips, aged 20, has gotten ahold of his FIA Super Licence and will be taking part in the Turkish GrandPrix this upcoming weekend as the reserve driver for AlphaTauri and Red Bull.

According to the company’s official Weibo channel, new Huawei Mate 40 devices are to ship with a Digital Yuan Wallet pre-installed. This news follows the announcement of China officially launching its own state-created digital currency.

10 years ago we used our phones for just 1.5 hours per day, today this figure is well over 3 hours. What are we doing with all that extra time? Facebook, Instagram, Twitter, YouTube, Spotify and Netflix to name but a few. 
If you take just the last two examples, Spotify has over 100 million users worldwide and Netflix over 150 million – all of these paying for content each and every month. For this reason, it is very likely that you are paying for digital content from one or perhaps multiple providers. Digital content goes far beyond video and music too, to news, art and design.

Although crypto has long been viewed as an extremely exclusive technology due to its perception as unsafe and overly complicated, government bodies and financial institutions are beginning to acknowledge it as something that may champion financial inclusion.

In our opinion, there’s a lot that needs changing not only in the traditional financial system, but in the cryptocurrency field as well.
The current systems of banking and finances have run their course and it’s no surprise to anyone – they weren’t built upon fair rules to begin with. One of the biggest changes in the global financial system in recent years has been the proliferation of paper money.

It’s a huge problem, but why? The purchasing power of currency is falling fast, goods are increasing in value, but our money is losing its value. This discourages saving up as inflation progresses too quickly, favouring those who are investment-savvy instead. 
So should we all be investment-savvy? Perhaps, but not necessarily. What if there was a system that rendered these restrictive rules obsolete? 

In an effort to internationalise the Chinese yuan, the government-run People’s Bank of China (PBoC) has begun rolling out it’s very own digital currency known as ‘DCEP’.

New to the world of crypto? Just like any new field, there’s bound to be some jargon you don’t quite understand just yet. Fortunately, we’ve got you covered. Here’s some terminology that’ll prime you for any conversation you may have with friends about the world of cryptocurrency!

Following an in-depth study into the privacy of Blockchain technology, academics from the University of South Australia have recently released their findings, and the results aren’t what most would expect.

As technology and wider society progress, so does our need for higher standards — both in the crypto-world, and the slightly more mundane real world.

Due to the proliferation of the Internet, as well as continuing globalisation, societies are growing ever-larger, but also ever more impatient. With each day that passes, the value of efficiency, optimisation, and speed increases.

Having suffered its 3rd 51% attack in the last 30 days, August has been far from a great month for Ethereum Classic.

What’s the point of creating something awesome when no-one has the means or desire to use it? Pretty, pointless right?

For a product to be worth utilising, it needs to solve a problem. In the crypto world, that’s called usability. 

The issue is as follows: as the coins don’t currently 100% solve the problems they’re supposed to, to solve, they’re not yet considered to be as valuable as they should be. This coupled with low trust results in low usability.

Riksbank, the Swedish central bank, has recently released the most comprehensive review of digital currency by any public body to date. This follows the nation’s testing of ‘e-krona’ — the state’s official digital currency, or ‘central bank digital currency’ (CBDC).

If you’ve been following our blog for a while, you’ve probably heard us mention the Merchant Finder quite a few times. But what exactly is it, and how does it work?

In a move that’s surprised just about everyone in both the music and crypto industries, Grammy-nominated singer, Akon, has announced plans to begin construction of a Senegalese city that will run entirely on a brand new cryptocurrency of his very own — Akoin.

It’s clear to all — cryptocurrency is here to stay. But with it now becoming more mainstream, so should the usage methods. Fortunately, we’ve put together a breakdown on how you can integrate crypto transactions into your everyday life.

More and more public and private organisations are riding the wave of blockchain tech and cryptocurrency luxury. Shopify is another e-commerce giant to join the list. The Canadian company recently signed a contract with a crypto payment gateway, CoinPayment.
Earlier in February this year, the e-commerce platform showed a positive attitude towards social media giant Facebook’s project Libra. Although controversial, Facebook’s own cryptocurrency could create a good amount of hype in the crypto market. By introducing digital currencies tech to the system, Shopify wanted to eliminate the risk of counterfeit and fake products from the supply chain.

After effortlessly moving beyond the musings of finance experts and investors, and breaching popular culture, it’s become clear — Cryptocurrency is here to stay. In case you feel a little left behind, here’s a crash course on Crypto’s turbulent journey, impact, and the different types you’re likely to hear about.

In this era of science, it is natural to see more and more technological innovations in an attempt to make our life easier. When it comes to finance, digital money is such an example. Many parts of the world are embracing this new financial innovation to make the transfer of money faster, cheaper, and safer.

There are many unfortunate consequences of the coronavirus outbreak. The most important, of course, is the tragic loss of hundreds of thousands of lives worldwide. In addition, the lockdowns initiated by governments to help combat the spread of the virus and save lives – have had a devastating effect on the global economy.

With people not allowed to socialise or move around, many businesses – especially in the hospitability and tourism sectors – have closed, and countless others have gone bankrupt. This has led to untold millions of people around the world being made unemployed.

According to a local newspaper report, Norwegian Air, a top-ranked European airline, may soon accept cryptocurrency payments for flight tickets. Coindesk also reported in February 2020 that the Norwegian Block Exchange (NBX), a leading crypto exchange of the country, will facilitate air ticket purchase with virtual currencies.

Inspired by a recently approved law, more than 40 German banks have expressed their interest in providing cryptocurrency custody services. BaFin, the country’s financial regulator, has received letters of interest from those banks. A local media outlet Handelsblatt reported that the banks’ interest to launch digital currency-related services goes in line with a new update anti-money laundering law that was passed earlier this year.

Financial authorities globally have put more attention to virtual currencies recently due to their potential widespread use. European Union is also no exception as the 5th Anti-Money Laundering Directive (AMLD5) extends the EU’s anti-money laundering and counter-terrorism financial rules to digital currencies. The new directive amends the 4th Anti-Money Laundering Directive and was released on June 19, 2018, in the Official Journal of the European Union. It requires the 28 member states to transpose the directive by January 10, 2020.

Our lives, health and families are the most important things to us. Despite this, many of us take the risk of being uninsured. Maybe because we see ourselves as young and fit, or insurance as something we will get tomorrow or on our next payday. 

Financial Services and Markets Authority of Belgium is pushing the government to craft cryptocurrency regulations. Any country’s financial authority continuously monitors local and cross-border illegal transactions. Belgium is of no exception. The country always tries to maintain transparent financial activity within its territory.

For athletes and organisations sponsorship is crucial. For athletes (even professionals), it can mean the difference between being able to focus full time on training or having to give up the sport. For organisations, sponsorship can help them to gain the exposure, equipment and people they need to do their work or get a project off the ground. For companies, granting sponsorships to projects, talented athletes, and organisations is not just a way to increase exposure, but to give something back to the wider community, and lend aspiring people and organisations a helping hand.

Coinhako.com recently interviewed a number of successful entrepreneurs of the cryptocurrency industry and they are convinced that Asian countries are to lead the digital currency industry growth this year. The digital currency market went through some major ups and downs since its inception, however, such currencies showed real prospects during this time.

Managing a business is difficult. You are always juggling a million things all at the same time. Worker demands, client requests, accounts, new products, and projects – just to name a few. Therefore, you are not just always looking for ways to streamline your business, but to work more efficiently. And all for one reason – to succeed.

India’s central bank, the Reserve Bank of India (RBI) crippled the cryptocurrency market two years ago by banning local financial institutions that were involved in crypto trading. The country’s Supreme Court finally turned down the ban on March 4, 2020, and revitalized the crypto-economy of the nation.

There isn’t one business in the world that doesn’t want to grow its customer base and increase its revenue. Companies are always looking at different ways to attract new customers, focusing on strategies such as marketing campaigns, their online presence, special offers and even the age-old “word of mouth”.

A U.S. lawmaker from Arizona has come up with the new Cryptocurrency Act of 2020 while under novel coronavirus quarantine. The proposed bill describes the types of digital assets and indicates federal agencies for particular asset types. The congressman wants America to remain the global leader in digital currency tech. Rep. Paul Gosar introduced the bill early in March when the coronavirus situation was not so severe. The lawmaker along with some of his co-workers underwent home-quarantine after being exposed to a COVID-19 patient. He stated, “We may be quarantined, but our work continues. I just introduced the Crypto-Currency Act of 2020, a bill that my team has worked hard on over the past several months.”

As we write this today, Dagcoin now has around 450,000 users, and that number is continuing to grow every day. Around 1 year ago, we had just 150,000 users – times change very quickly! Because the currency has so many new users and many more joining by the day. We thought the time was right to produce a definitive guide to help new Dagcoin users get started and show you all some of the possible things you can do with your dags.

Jim Reid, Deutsche Bank’s analyst and principal investigator of the study titled ‘Imagine 2030’, indicated that digital currencies might eventually phase out fiat money to occupy the currency market by 2030. One of the main reasons that might allow cryptocurrencies to replace paper money is their simplicity in terms of regulation. The study admitted that digital currencies have always been “additions” rather than “replacements” to the conventional monetary system. Although cryptocurrencies have several advantages over fiat money such as added safety, speed, low transaction costs, accessibility to digital devices, etc, they have not yet managed to familiarize themselves as a means of payment.

Some state lawmakers and a Cornell Law School professor are jointly crafting a proposal to introduce a statewide public alternative to banking in New York through launching a local digital currency. Despite being a first-world country, the USA has notable economic discrimination in its territory. According to data from the US government’s Federal Deposit Insurance Corporation, more than 14 million US people were unbanked. There are several reasons for not having a bank account, the most prominent being unemployment. Some people do not prefer going to a bank for transactions and others do not have personal identification.

The global eCommerce sector is expected to double by 2022. That leaves a lot of room for existing online shops to grow and new ones to enter the market. One fantastic way to grow your business is to accept Dagcoin as a payment option. Not only is Dagcoin used by more people than the entire population of Iceland, but it also offers so much more. Superfast payments that take around 30 seconds no matter what time of day or day of the week it is. A payment system that prevents chargebacks, helps you to greatly reduce the risk of fraud and money laundering, potentially saving you a lot of money.

More and more countries are joining the era of digital money, and Turkey is going to be one of them. Controlling transactions inside and across the border is necessary to create an optimum environment for a new currency because without proper regulations there is an inherent risk of illegal activities around a financial system.

A Turkish newspaper, Hürriyet recently reported that the Capital Markets Board [CMB], Turkey’s regulatory body, is planning to craft a regulatory framework for cryptocurrencies by the end of 2020. There is no clear-cut information as to how this will be achieved, but the regulatory body indicated that they will initially conduct surveillance and audit of digital currencies. The next steps are likely to be planned according to the results of the initial surveillance.

Accepting Dagcoin as a payment option in your shop, business, café, bar or salon couldn’t be easier. All you have to do is download the POS App from the Google Play store (an iOS App is coming shortly) and you are good to go. The fact that the Dagcoin Point of Sale App works on any Android devices makes it incredibly cheap to start accepting Dagcoin payments (free if you already have a device). In turn, because Dagcoin payments can be processed so quickly (around 30 seconds) using the app makes accepting a Dagcoin payment just as fast and easy as a debit or credit card payment.

Travala.com was launched with the primary objective of enabling travellers to use their crypto assets in booking hotels and related services. This digital currency -based hotel booking platform has a reach of over 200 countries and territories, with over 82,000 destinations, which makes it a gateway to a more pleasant travel booking experience. It accepts digital currencies, as well as PayPal and credit cards.

Very simply, Dagpay is a payment processing platform aimed at businesses worldwide who want to accept Dagcoin as a payment option.  It doesn’t matter if you have an eCommerce store, a bricks-and-mortar business, or you are a freelancer. There is a suite of software specifically designed to help you not just to accept and receive Dagcoin payments, but to take your business to the next level.

Two important countries in the Middle East, namely Saudi Arabia and the United Arab Emirates (UAE) are going to join the cryptocurrency era and build a new financial relation through Aber, a proposed digital currency. The proposal got a new dimension after Saudi crown prince Mohammed bin Salman visited the UAE on November 28, 2019.

Today more than 3.3 billion of us use smartphones, that is a staggering 43% of the world’s population, and that number is growing every day. But for many in the developing world, a smartphone is beyond their reach. On first thought, you would think it is because of the cost of a handset, but the reality is quite reasonable second-hand smartphones can be bought for $20 or less and 3 or 4-year-old flagship phones for $50-100.

ECB might be confidentially developing a plan to launch a central bank-backed digital currency if payments within Europe become too expensive or there is a decline in cash usage. The buzz around public crypto has become prominent after social media giant Facebook announced its private digital currency Libra, which scared out regulators who have since raised concerns and expected that Facebook’s project could go into the vein.

Dagcoin Grow offers the world’s first crypto savings account. You choose the period of time of 12, 24 or 36 months and the amount of dagcoins you would like to deposit. At the end of your chosen period, you will receive your original investment along with the agreed number of extra coins.
This takes away the high risks of trading and gives you even more coins as the currency grows in value. It really is a win-win.

South Korea has made massive progress in the ICT sector in recent years. The country is well-known for internet speed, with 92% of the population is internet users, and in 2005 they became the first nation to complete the transition from dial-up to broadband internet service. The government is now focusing on cybersecurity and internet regulation through a comprehensive ICT development policy and establishment of necessary institutions.

A lot of things have changed since Napster started a new trend in the music streaming industry. The days of slow dial-up internet is gone and now high-speed fibre optics have made everything in the internet word easy and convenient. Now people do not waste their phone memory with downloaded music or videos, rather they listen to streaming music anytime and anywhere they wish. Music sharing is now easier than ever.

The French Ministry of National Education made some amendments in June 2019. According to the new curriculum, the syllabus of the Economics and Social Science course will include modules on cryptocurrencies. Topics in those modules will include what different types of currencies are and how they are created. Students will also learn the functions and forms of money as the objectives of a module. Cryptocurrency comes in right here.

Cryptocurrency is an idea of the 21st century. However, it rapidly gained popularity owing to its security features, transaction speed, and cross-border nature. Many governments have started to understand their prospects, and they are taking initiatives to launch national cryptocurrencies to boost their economy. China has become the first nation to declare a central-bank backed crypto.

Dagmarket is an easy to use platform that makes it possible to buy and sell different products using your dags. You can buy and sell anything from jars of honey to plots of land (two things available right now). Not only can you buy and sell products but services too. Buying and selling couldn’t be easier too. If you are selling take some great pictures, write an accurate description and price it fairly. For buyers find the item you want and contact the seller. Arrange your price and shipping arrangements and make the deal. It’s that easy.

The growing concern on cryptocurrency mass adoption is evident by the fact that financial policies being created in many countries involve some sections on cryptocurrency regulation. Global business magnets and multinational companies are either creating their own cryptocurrency or accepting mainstream cryptocurrencies increasingly.

Out of the 7.6 billion people on earth, approximately 2.2 billion of us are gamers. That means that 1 in 3 of us are regularly turning on our PC’s, consoles, phones and tablets to play our favourite games. The gaming industry is growing at a rapid rate. In the last few years, revenues in the industry have been growing by about 10% per year, however, it is set to grow even more in the coming years. Many expect the US gaming market alone to be worth $300 billion a year by 2025, almost double 2019’s forecasted figure of 152.1 billion.

The Sub-Saharan African nation is afflicted with discriminations and contradictions, where the underprivileged people could change their fate with cryptocurrency adoption. South Africa is not among the poorest countries in the world, but it is the most unequal one, with more than 11 million unbanked people.

Today, it seems so normal to pay for anything by card, be it your weekly shop at the supermarket, a dinner out or that quick coffee to go. However, card payments are still quite a new thing, with bank debit cards not really hitting the mainstream until the 1980s.

The Russian cryptocurrency market is going to see a dramatic change, as the nation’s lawmakers are ready to issue new regulations. Top-level officials are working to finalize the new laws, which will classify crypto assets into three different categories. So, the concept of digital assets will be totally different in the country.

Fraud is a huge problem today. In the US alone, around 16 million people are thought to be a victim of identity theft each and every year. In turn, approximately 5% of all business revenues around the world are believed to be lost to fraud, a staggering total of $3.18 trillion in 2014.

Ukraine’s current administration is in favor of legalizing cryptocurrencies as part of the modernization of the country. Although digital currencies do not have official status, they are not illegal as well. As more and more nations in different parts of the world are accepting these currencies, Ukraine is showing interest in keeping pace with them.

It is fair to say that there are a few pain points when it comes to the Blockchain technology. The first is speed. For example, on average it takes tens of minutes to be for a Bitcoin transaction to be confirmed and delivered via the blockchain. Although this sounds great compared to waiting days for an international bank transfer, when it comes to paying for a quick cup of coffee from a café on your way to work, it is just not feasible to wait that long – when cash and card transactions take seconds.

The recent surge in cryptocurrency has touched many parts of Asia and some countries are showing interest in creating national digital currencies. The People’s Bank of China is close to issuing its own cryptocurrency. North Korea has followed the lead by declaring its readiness to launch national crypto. 

We have spoken in previous articles at great length about the many amazing benefits of Dagcoin – and cryptocurrencies in general. Just last month we wrote about how Dagcoin was giving the chance for 2 billion people around the world who are not able to open a bank account the chance to build a credit history, save money and create a better future for themselves.

Nowadays, distributed ledger technologies are becoming a matter of interest for researchers due to the potential multi-sectorial applications beyond finance where it was originally used. As the technology has met the initial purposes of financial organizations beyond expectations, experts of different other sectors are getting serious in further exploring it.

Migration is an integral part of life today. Whether it is moving to study, moving for work, or even moving to be with a spouse or partner. The possible reasons for moving are as numerous as the number of people moving.
In the 12 month months leading up to the end of June 2018, more than 625,000 moved to the UK, with more than 350,000 leaving. When you consider that the UK population is just 66 million, that is a huge turnover of people each and every year.

A new survey data revealed an interesting finding- about 40% of millennials would support investing in crypto assets in the event of a recession. Famous multi-asset investment and social network platform eToro conducted the survey on generational investment from July 18 to July 31 among 1,000 online investors in the US and shared the survey result with a popular online crypto media on Sept 10.

We have written previously how more than 2 billion people do not have access to a bank account. A bank account doesn’t just give you somewhere safe to store your money, get paid to, etc., it also provides you with access to digital money. It is this digital money that allows you to always view your balance online, use your debit or credit card in a shop or online, or to transfer money to pay bills.

The surge of cryptocurrencies has touched Brazil, South America’s largest nation. In terms of the volume of crypto transactions, the country ranks fourth in the world. The volume of the transaction only in the first half of 2019 was 158,198 BTC, equivalent to R$3.7 billion.

Cryptocurrencies have brought with them many fantastic technological advancements. For example, the huge leaps in the prevention of fraud and identity theft. These are huge problems when it comes to the regular banking system and fiat currencies. So big in fact, that it is believed that businesses lose around 5% of their total revenue to fraud each and every year, and, over 16 million people were victims of identity theft in the US last year.

The government of the Spanish autonomous community Catalonia has revealed a plan of developing a decentralized identity platform for its citizens to empower them in the digital world through giving control of their own data while interacting with online systems. The project has been termed as IdentiCAT”, and it will be the first digital identity scheme at European level. The idea behind the project is based on Spain’s blockchain policy released in June to make the best use of technology within public authorities and society.

Today, more than 2 billion people around the world still don’t have access to a bank account. That is almost a 1 in 4! A truly staggering statistic in 2019 when we look at all the technology around us. But what is stopping all these people from opening an account?

More and more companies are embracing cryptocurrency considering its security, cost-effectiveness, and speed features. As a result, payment processors are being compelled to develop technology to handle digital currencies in their platforms. It can be said without hesitation that cryptocurrencies are in evolution.

The 3rd quarter saw some incredible launches of different platforms and products within the Dagcoin ecosystem – most notably Dagmarket, Dagtelecom, the Dagcoin Card and ATM. the launched components will definitely fuel Dagcoin on the road of becoming the biggest and most usable cryptocurrency in the world.

Israeli occupation on Palestinian land is not new. It continues to enforce severe and discriminatory restrictions on human rights, movement of people, and economy.

Cryptocurrencies are essentially digital money, money that is stored online (in a virtual wallet). This money can then be used to buy goods or services from businesses who accept that particular crypto coin.

Starting in 1958, the USA imposed commercial, economic, and financial sanctions against Cuba from time to time. These are clearly a barrier to a nation’s growth and development. Cuba is trying to overcome the situation through various approaches. They are viewing cryptocurrency as a potential means to counter the US trade sanctions and also to increase purchasing power.

Today, we live in an instant world. We all want and expect instant access to information, goods, and services – all regardless of the day of the week or time. And, it’s crazy to think how quickly we have become so dependent on this!

Just 10 years ago – before smartphones really took off – we were much more content to wait till we got home to read the news, call a friend or buy things online. But today – we will book a holiday on our break, catch up on all the social feeds over a coffee and answer all our messages.

A good number of large companies and even some countries are now viewing cryptocurrency as a tonic for the local economy. China is one the verge of launching a central bank-backed digital currency. Turkey is also leaning towards the same path as mainstream local media reported. The country is considering the concept of giving the central bank the responsibility to develop a cryptocurrency.

In the crypto sphere there are many people who see cryptocurrency as a place where they can hide their assets, avoid taxes and stay anonymous.

Burkhard Balz, a representative of Deutsche Bundesbank, the central bank of Germany, stated that cryptocurrencies do not pose a threat to the financial stability of the country. The matter was discussed with the European Parliament on July 9th, 2019, and immediately, the news got media attention.

What is the true value of something? If we own a house – for example – the value is what other people are willing to pay for the property. This is set by the market (the number of potential buyers and the number of other homes available for sale). If the price is too high, there will be no potential buyers and it will not sell.

One of the major problems with cryptocurrencies is the limited practical use of those in day to day activities. Critics get the chance to argue that no one spends crypto assets as they were intended to be. It is almost impossible to complete shopping or traveling if you want to use crypto alone because most of the retail points will not accept those as a means of payment.

For those within the crypto world it is clear that cryptocurrencies are a much better, faster and more convenient form of money. From the fact that you can send a payment to anyone, anywhere in the world, in just a matter of seconds or minutes regardless of the day or time.

Nowadays a lot of renowned organizations, even local governments are viewing cryptocurrency as a tonic for the economy. Facebook has announced that it will launch its own currency, Libra. There is a rumour in the market that Amazon is trying to create a new token. Economic giant Russia is planning to develop crypto for its nationals, but the project is still at the conception phase.

Accepting Dagcoin payments at your shop, café, gym, bar, salon or market stall has never been easier. Because now all you have to do is download the free Dagpay Point of Sale App and you are good to go!

Although the global environment for cryptocurrency adoption is getting more favorable day by day, the fear, doubt, and uncertainty around it is still a hindrance to it being accepted as a common form of currency and store of value. Although digital assets have managed to make a strong presence in the US, some European countries, Japan, and North Korea, the picture in the rest of Asia is still poor.

As we write this today around 700 businesses are now accepting Dagcoin as a payment option. This is 300 more than when we wrote about this just 3 months ago! So why are so many other businesses beginning to accept Dagcoin payments? The first and most obvious reason is that there is a growing community of over 250,000 users of the currency.

Any important cryptocurrency event will ultimately involve Japan because the country is the second or third-largest economy for Bitcoin. It is also the home of a massive base of influential crypto investors and traders. Japanese Yen has a hold of about 11% of global trading volume for Bitcoin, which is very close to that of South Korea.

Following the inception of blockchain, various tweaks on the system have been introduced to solve pain points and optimize the technology for different use cases. Dagchain and Holochain are two of the technology’s most notable adaptations.

The Marshall Islands is an island country and the United States associated state near the equator in the Pacific Ocean, between Hawaii and the Philippines. With a population of around 53,000, the country features several popular wreck dive sites. Marshall Islands uses the US dollar as its currency.

Blockchain technology has been around since 2008. That’s when a pseudonymous individual or group called Satoshi Nakamoto published a paper announcing the new technology. Since then, cryptocurrencies based on blockchain technologies, like Bitcoin and Litecoin, have proliferated widely.

The State of Montana has been added to the list of crypto-friendly regions; the recognition of utility tokens indicates the fact. Until recently those were considered illegal as securities under local laws.

Since 2009, when Bitcoin first launched, there has been a gradual proliferation of new cryptocurrencies. Bitcoin may still be the best-known, but there are plenty of more recent arrivals, including Litecoin, Ethereum, and Dagcoin.

Egypt, the country of pharaohs, has relaxed its existing strict rules on cryptocurrencies and digital assets, according to a source speaking to the Middle East News Agency. The state will continue the ban on crypto businesses that do not have a license.

All cryptocurrencies use distributed ledger technology. This not only makes them safer to use than regular money, they can be used by anyone with a smartphone.

Bearing cash for everyday purchase has many disadvantages- fear of snatching, having a swollen pocket that looks and feels awkward, wasting time in changing bank notes at the cash counter to name a few. Cryptocurrency or digital currencies can solve all these issues. What if the country with the most robust economy stops using fiat money and use cryptocurrencies instead?

The 2nd quarter was a huge success in terms of product and ecosystem component launches. Our teams have grown a lot in the past three months – this sets us up perfectly for Q3 and Q4 of 2019.

Cryptocurrency is a new edition to globalization. It can establish a financial relationship between two persons staying at any corners of the world. A great advantage of crypto is that in contrast to fiat currency, it has no locality (such as Dollar in the USA, Euro in EU, etc.).

Bank of Russia is not against the development of a gold-pegged cryptocurrency. However, the crypto use would be within the scope of cross-border settlements and crypto would not take the upper hand in relation to fiat currency.

Crypto trading is today’s gold rush. Some people are making millions, others follow hoping of achieving the same, but the road is not always paved with gold.

A lot of financial institutions are sensing a bright future of crypto assets and shifting their focus on those gradually. A high ranked official from TD Ameritrade stated in the Consensus 2019 conference that institutional interest in crypto assets has increased significantly.

2019 has seen a big resurgence in crypto, boosted by big investment from banks and the tech sector, not just in currencies, but in the possible uses of the distributed ledger technology.

Crypto lover, antivirus pioneer, and 2020 US presidential campaigner John McAfee is going to join the growing number of cryptocurrency developers. In an official Twitter post on May 29, he revealed that his new digital token would add to the existing list of over 2000 cryptocurrencies.

For cryptocurrency to reach its potential the focus must turn away from the price and trading, and in to making them more usable. Only then will they hit the mainstream

It is pretty safe to safe to say that we are still very early in the life of cryptocurrencies. The past few weeks alone have seen the price of Bitcoin go up or down by nearly $1000 within a short period of time. It is these big fluctuations that bring many people into cryptocurrencies and trading.

The interest in cryptocurrencies in various countries is growing due to the fact that this kind of digital currencies is deemed handy in many aspects. If the yearly turnover of cryptocurrencies poses a significant impact on a nation’s overall economy, the government will naturally want to regulate its flow.

Many believe that 2019 will be the year in which institutional money will finally enter the cryptocurrency market. And if consumers and businesses alike realize DAG-chain’s fast, unlimited exchange and low cost, all while maintaining a decentralized system, then it could be the first major step towards mass adoption and the creation of a worldwide currency.

Cryptocurrencies are making an ever-increasing presence in e-commerce and the global economy. There are several developed cities in the world that have crypto-friendly business environment.

With $11.2 billion profit last year, Amazon is one of the world’s fastest growing retail stores. The profit was almost double the previous year. Although online business is the main theme of Amazon, it has increased physical presence in the recent past. Amazon Go is the latest edition of high tech shopping introduced by the organization. The specialty of this kind of store is you need not stand in a line to check out.

DAG technology presents a viable alternative for different technological verticals: reducing transaction costs, improving transparency, and increasing efficiency.

It is difficult to find a person without a smartphone today even in a middle-income country. Software developers have taken full advantage of this and found a huge market for this rising population. In addition, the scope for development of mobile apps is much greater than that of desktop apps. It is because smartphones have a wider range of hardware options to work on.

Financial bigwigs and cryptocurrency experts all over the world have dubbed 2019, ‘The year of crypto’. Even though cryptocurrencies and blockchain have become synonymous with each other, DAG-chain has all the prowess and potential to buck the trend.

JPMorgan Chase, the largest US bank by the asset, is probably the next to enter the cryptocurrency

Current banking solutions do not meet the fast-paced world of today. We cannot wait for hours or even days for a payment to arrive. This is why Dagcoin has been developed to take less than 30 seconds.

Keeping pace with many other East Asian countries, Japan has been taking steps to legalize cryptocurrencies

Your bank or government can take control of your bank account and seize your assets at any time. With cryptocurrencies only you have access to your wallet, putting you in control of your money.

Keeping pace with many other East Asian countries, Japan has been taking steps to legalize cryptocurrencies although China is moving in the opposite direction.

2 billion people don’t have a bank account because they are seen as too poor and not profitable. Nobody is stopped from using Dagcoin. All you need is a smartphone and you can achieve anything.

As of 18 April, one dollar is worth 0.89 Euro, 111.96 Japanese Yen, and 0.77 British Pound. But these rates are extremely volatile because the currency prices are likely to change in the next five minutes.

Using Dagcoin couldn’t be easier. All you need to do is download DagWallet, buy some dagcoins from SwipeX and use the Merchant Finder to find businesses who accept Dagcoin.

Dagcoin is a growing community of nearly 200 000 users and more than 400 merchants. By joining you gain free access to all these potential clients and business partners who could help your business to grow.

The National Development and Reform Commission (NDRC), China’s state planner, has published a list of industrial activities it wants to ban. Bitcoin, a digital currency is on the list as the government labels bitcoin mining as an industry that causes wastage of energy and environment pollution.

Human-induced climate change is having a devastating effect on our planet. By using Dagcoin you can protect our forests, reduce plastic waste and join forces in cleaning our planet.

We are building the widest ecosystem for a cryptocurrency ever. The ecosystem has a strong emphasis on usability as this is the main cornerstone in building a stable currency.

Fraud and tax evasion costs tax payers dearly because they pay the bill in the form of higher taxes. The transparency given by cryptocurrencies like Dagcoin has the potential to change that.

Fiat currencies have built today’s economy, but cryptos will build tomorrow’s. Cheaper and faster payments are just the tip of the iceberg to what they will offer.

Faster payments and lower transaction fees are not the only benefits of using cryptos. Other features such as no ability for chargebacks and no identity theft are just 2 of many many more.

The World Cleanup Day organisation held the 2019 Clean World Conference on the 24th to 27th of January in Tallinn, Estonia. Dagcoin participated as a partner and this move has been applauded by many people and groups with interest in keeping the world clean.

2019 will mark as another crucial year for the development of Dagcoin and its ecosystem. What better way to start off this important next chapter than with the launch of the new Dagcoin brand design.

The year 2018 has flown by at a fast pace but a lot was achieved. Overall, we are proud of how far we have come as a community. We have learned from our mistakes and embraced our achievements. But still, there is a long journey ahead of us. The goal is to do it bigger and much better in the following years. But for the time being, let’s take a moment and reflect back to Dagcoin’s breakthrough year of 2018.

Dagcoin is a cryptocurrency with a growing community of more than 150,000 users. Super-fast payments and a suite of free tools and plugins make it simple to start accepting Dagcoin payments.

Dagcoin has grown to a community of 150,000 users and will continue to grow as a result of choices made to build a currency focused on its use as actual money rather than a commodity to be traded.

For crypto to really grow and reach its potential as a currency used by the majority of the population each day, the focus needs to change from the price of coins to the usability of them.

Price manipulation by whales and misinformation online are causing huge fluctuations in crypto prices. This puts the majority of society off using crypto for its original purpose as money.

Most cryptocurrencies attempt to gain value by being seen as an investment that will grow over time. Dagcoin has a different approach.

Money is something that we need to be able to rely on. We need to be able to trust it, and the only way to have trust is if its price is stable.

Trading with cryptocurrency is the same as trading with any financial instrument. Not everybody has the keys to access trading platforms.

It’s crucial to understand it, so we’re going to emphasize it once again: these are not currency exchanges but trading platforms. There’s a big difference.

The world economy’s best option is a distributed ledger technology. Why? The reason is simple: it brings transparency and fairness to the party. And those are some excellent qualities to have in this crazy, crazy world.

We’ve made that clear, let’s dive deeper into the subject of cryptocurrency value. The question is: what is it based on? How does it accumulate?

The money thing should always be a party for one. It should always be you who’s the sole owner of your money. Not banks, not other institutions. And guess what? Cryptocurrency provides that option.

Did you know that according to the World Bank, there’re around 2 billion people who don’t have a bank account? Yes, the majority of those people are from developing countries, but still. Two billion people (!) do not own a bank account, bank card, nor are they making any bank transactions.

Thanks to the Internet and ever-growing globalization, the world is getting smaller, and new generations of people are becoming more knowledgeable but also more impatient. Latter meaning that they value efficiency, optimization, and speed even more than they did yesterday.

Value is something marvelous we all strive for. In our personal and professional lives. When you think about it, it’s all about value, efficiency, and optimization these days. And they’re not wrong (whoever “they” might be) ‒ it truly is about all of the above.

The freshly enhanced SwipeX (called SwipeX Light) aims to be one of the leading currency exchange platforms that have it all: the official licenses, ability to accept fiat payments, and while doing all of that, sports nearly zero commision fees on trades.

There’s a lot of data about you and me, and everyone else, that’s stored on the imaginary cloud. At the end of the day, we all want to feel secure in this still-to-be-kind-of-adjusted to and bizarre new reality which is offering so much and keeping us on the toes at the same time.

That means Dagcoin’s aim is, and always will be, to disrupt the financial world. To become the leading global cryptocurrency. Also, to make all the payments lightning fast, keep the transaction fees low and create a system as easy-to-use as possible.

We’ve spoken about the pros of cryptos, the impact they have on the world’s economy and life in general. But what we haven’t touched yet, is the other side of the coin ‒ the cons, the disadvantages of cryptocurrencies.

Price vs. value of a cryptocurrency unit is very often overlooked by people buying cryptos. The question is: what exactly is the difference between those terms and how are they formed?

You’ve caught the crypto train and purchased some dagcoins. Great stuff! The big question now is: how can you use those dags?
Well, it’s rather easy. And we’re going to explain. You just sit back and relax.

Things are looking up. The situation in the crypto-verse (especially in the world of dag) is as follows: more and more companies along with independent entrepreneurs are joining the Merchant Finder. They’re doing it because they’re on a mission.

Cryptocurrencies are the thing of today. That’s set in stone by now. Some understand the need for digital money, and some don’t. I mean, surely you’ve met people who ask questions like “Why do we even need cryptocurrencies?”.

We’ve come to a point where the digital world is growing so fast that it’s nearly impossible to even blink an eye without some new thing spurring into life somewhere around the globe. Today’s world is in need of a digital currency that can move instantly and is cost-friendly to its users.

We’ve come to a point where the digital world is growing so fast that it’s nearly impossible to even blink an eye without some new thing spurring into life somewhere around the globe. Today’s world is in need of a digital currency that can move instantly and is cost-friendly to its users.

The digital world is expanding as we speak. It’s’ unstoppable! And we like it. One of the many gobsmacking facts of today’s world is that over half of the world’s population (more than four billion people) is connected to the Internet.

2018 is halfway through, and we’ve now entered the best time of the year, the Summer. It’s a beautiful time to spend with your families and to vacation around the globe. It’s also a great time to take a look back and see how you’ve done so far.

The crypto world keeps on getting better and better. The future’s looking brighter with every passing day. How come, you ask? Well, yet again we have some great news to share. Dagcoin has created a platform for trading, and it’s called SwipeX.

Wouldn’t it be swell if you could run your business without the enormous transaction fees and fraudulent check backs? Wait, what? There IS a way to that? Yes, and it’s called DagPay.

We have made an important update to the Dagcoin’s Wallet (DagWallet). For this update, we focused on making the wallet work faultlessly. After numerous tests, we fixed all the known bugs and errors of the first release so make sure to update your own DagWallet.

For a product or a service to gain value, it needs to solve an existing problem. By catching this train of thought, we’re reaching one of the underlying issues in the cryptocurrency world. It’s called usability.

It’s no surprise that the world today is changing so fast one cannot even blink an eye without something altering. And in this new era, the only thing that supports growth, stability, and creation of success, is long-term thinking.

Yesterday was the day when we announced to our community the migration of our Dagcoin on to the new and enhanced DAG-chain that is tailor-made especially for one purpose – becoming a globally used common currency. This is one major step towards our main focus, usability. With this new chain, our present and future merchants will have the best solutions for accepting payments for their products and services. Read more about it!

We’ve talked about dagcoins and DAG-chain for a while now. We’ve told you why it’s better than Blockchain. So, without further ado ‒ on the 2nd week of May, dagcoin will leave the Byteball chain and move on to DAG-chain developed by the Dagcoin team. Read more about it!

Cryptocurrency is a thing of today and is most definitely a thing of tomorrow. It’s not a new kid on the block anymore; it’s a legit way to do business, pay for your purchases, make and grow your investments. So far we’ve told you about the main benefits of using various cryptocurrencies and explained the whole idea behind the crypto verse, but how does it work on a daily basis? Like, where one keeps its digital currency and how are the transactions made? Let’s have a closer look.

What is Merchant Finder? Merchant Finder is a network of companies that accept Dag payments. The current list consists of several businesses located all around the world and is active in various fields. Have a look who’s already part of the game.

The magic word in today’s world is ‒ surprise, surprise ‒ cryptocurrency. Our recommendation is jumping on board the cryptocurrency train sooner rather than later, as trust in the current financial system is already low and keeps on sinking lower.

Despite there being daily news about cryptocurrencies in the mainstream media, there is still some steps to go before cryptocurrency itself becomes mainstream. What are those steps and when might we see them coming to popular use?

We have received many questions from you regarding the exchanges. The most frequently asked question is: “Why is Dagcoin not on the exchange yet?”.

Stories of shady dealings keep appearing in media when it comes to cryptocurrency as a whole, but actually there is a lot positive going on as well.

Cryptocurrencies were first invented as a response to the major issues faced by the financial system at the time.

Cryptocurrency has a bit of a PR problem. There is a lot that can be done within the movement itself.

Here are the updates of the latest version of Dagcoin’s Wallet: v1.4.3-beta. Check out the details!

One of the bigger issues faced by Blockhain-based cryptocurrencies in the near future is massive…

Cryptocurrency has been a hot topic for scandals ever since its inception. How then, can someone make…

DAG-chain are looking to solve the major problems Blockchain faces today. Here’s why…

Here are the updates of the latest version of Dagcoin’s Wallet: v1.4.1-beta. Check out the details!

Are you new to the whole cryptocurrency deal? Just like with any professional field, there can…

The concept of blockchain as a standalone technology started gaining popularity in 2015. Prior to that, it was just known as a data structure underlying Bitcoin technology. In Satoshi Nakamoto’s white paper, the two words “block” and “chain” appeared together. It was only called “a chain of blocks.”

Cryptocurrency has not been around for very long, but already boasts an immense financial and cultural…

There’s a lot that, in our opinion, needs changing not only in the traditional financial system, but in the cryptocurrency field as well. Let us explain why.

The economic crisis of the previous decade, which cast the banks in a bad light, is still fresh in the collective memory. It has been one of the main drivers behind the emergence of cryptocurrency as an alternative type of money and an investment opportunity.

Here are the updates of the latest version of Dagcoin’s Wallet: 1.4.0-beta. Check out the details!

Bitmain, which runs China’s two largest bitcoin-mining collectives, is setting up regional headquarters in Singapore and now has mining operations in the U.S. and Canada, Wu Jihan, the company’s co-founder, said in an interview.

Although it may be hard to imagine, cryptocurrencies are far older than Blockchain technology. Most of us look at Bitcoin as the first cryptocurrency, although it is only the first Blockchain-based currency. Cryptocurrencies like B-Money and BitGold existed prior to Bitcoin, however, these didn’t really go far, especially when judged against Bitcoin.

Bitcoin trades use a lot of electricity as a means to make verifying trades expensive, therefore making fraudulent transactions costly and deterring those who would seek to misuse the currency.

“By making sure that verifying transactions is a costly business, the integrity of the network can be preserved as long as benevolent nodes control a majority of computing power,” wrote ING senior economist Teunis Brosens.

A new solution for DAG-chain based cryptocurrencies has been developed by Dagcoin, which has solved the transaction fee problem faced by users. It can be both a basis for new cryptocurrencies and an addition to existing ones.

A new innovative platform for cryptocurrency is in development, with the aim of faster and cheaper transactions and far more convenient user experience than current alternatives. Dagcoin and the DAG-chain technology it is based on, seeks to be a solution to the issues that might be awaiting mainstream cryptocurrencies.