Private cryptocurrencies will become an alternative to fiat money, not a replacement for them

Private cryptocurrencies will become an alternative to fiat money, not a replacement for them

Researchers at one of the world’s largest open electronic repositories, SSRN, have come to the conclusion that private digital currencies will serve as an alternative to fiat money, not a replacement for them. Tracking the information background in the field of cryptocurrencies over the past few months, it was impossible not to notice that not…

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LG is preparing to release a smartphone for the blockchain

LG is preparing to release a smartphone for the blockchain

According to media reports, the South Korean electronics manufacturer LG Corporation will soon release a smartphone for the blockchain. The company has completed market research for blockchain companies and decentralized applications (dApps), according tolocal media IT Chosun citing an industry source. “LG is likely to respond to Samsung’s innovative initiative,” the source added. Another LG…

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American broker Charles Schwab does not plan to work with cryptocurrencies

American broker Charles Schwab does not plan to work with cryptocurrencies

The largest US investment brokerage firm Charles Schwab, managing assets for $ 3.2 trillion, rejects the possibility of working with cryptocurrencies, at least for the moment. According to Rob Farmer, Charles Schwab’s Managing Director of Corporate Communications, the company is not going to offer cryptocurrency trading services “at present,” RIAbiz reports. “Investors should consider these…

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