Selected Crypto Articles of the Day

Hello Steemians, the best articles i have read today

Every day, i read 12 to 15 articles; i choose the most interesting and summarize them in points for you.
Interesting articles, hope you enjoy them

Article no 1:

Blockchain to disrupt Swiss hold on global bank system, Moody's says

Summary:

• The blockchain technology underlying bitcoin could hurt Swiss banks the most, according to Moody's Investors Service.

• In that scenario, the ratings agency said, Switzerland is most at risk since its massive banking industry generates half of its revenue from fees and commissions.

• Blockchain technology eliminates the need for a third-party intermediary by quickly creating a permanent and secure record of transactions between two parties.
• The nation ranks third on Moody's list of countries whose banks handle the most cross-border transactions relative to GDP.
• Known historically as a hub for international banking, Switzerland has also become one of the friendliest countries in the world to blockchain and digital currency enthusiasts.

Personal Opinion:

While the title is nice, I don’t think this will happen even 10 years from now, I don’t understand how Bitcoin will replace FIAT in the coming year, or the banking business, Bitcoin has succeeded as an electronic store of value, and the blockchain eliminates the use of third party, but the volatility of Bitcoin will always be a problem if it is to be used as a medium of payment, Bitcoin is simply digital gold, have you ever used gold to buy stuff unless you are obliged to, but since moody’s is seeing Bitcoin will disrupt the banking business, this is great news for Bitcoin.

---

Read Original Article:
source

---

Article no 2:

Why Did Yahoo Japan Buy In To A Crypto Exchange?

Summary:

• According to a Reuters report, Z Corporation is taking a 40 percent stake worth between 2 billion yen to 3 billion yen in BitARG Exchange Tokyo.

• “By utilizing the service operation and security expertise of the Yahoo group, we support the operation of exchanges operated by BitArgo Exchange, Tokyo,” Yahoo Japan stated. The website also stated that it plans to provide “easy to use and safe” services on the exchange.

• Along with South Korea and the United States, Japan is among the top three markets for trading cryptocurrencies. The Asian country has also legalized cryptocurrencies as a medium for daily transactions.

Personal Opinion:

The question should not be why Yahoo bought an exchange, the question is why Google or Microsoft did not buy an exchange, Yahoo is seeing a huge opportunity in the crypto business and a lot of money to be made, but Google is still fighting crypto, maybe to develop their own blockchain, because they still have time, if Google decides to buy an exchange the market will explode, and people will trust cryptos more and more, and this is not their best hope, cause they will lose a lot of business, and many platforms such as Youtube will not be used anymore, people cannot imagine how a tech giant like google might be scared, remember folks in the tech business every 10 or 15 years, a lot of giants die, and others are born.

---

Read Original Article:
source

---

Article no 3:

Ex-Google Employees Form Blockchain Innovation Community For Other ‘Ex- Googlers’

Summary:

• Three former Google employees have joined together to create a community, the xGoogler Blockchain Alliance (GBA).

• he GBA will “serve as a collaborative space for inquiry, dialogue and development regarding blockchain technology for Googlers.
• GBA, which will “incubate high quality [B]lockchain projects by ex-Googlers,” is working in the Bay Area, Beijing, and Shanghai, but seeks to expand anywhere where there are Googlers and ex-Googlers interested in Blockchain.
• In mid-March, Google announced that it would ban all cryptocurrency related advertising on Google Adwords, while a week later, the company reported it was working on two Blockchain products for a “tamper proof” ledger system and a cloud operations platform.

Personal Opinion:

You might be reading those words and saying, what 3 employees could do to Google, well nothing, Google is a tech giant, and he will be here in the next decade, but you should follow those people project, if they can attract many more from Google, this project will be worth following, cause as you know Google only employs the best minds in the world.

---

Read Original Article:
source

---

The content is intended to offer general information only. It does not provide legal, investment, tax, etc advice.

image source