Event Title

Blockchain technology, applications and crypto-markets

Session

Computer Science and Communication Engineering

Description

Blockchain networks, applications and crypto-markets have only just started to impact the way we conduct business. There are too many people who had always wanted to invest and had the money to do so, but never had. Most of the world does not trade on exchange markets, many lacking the time to divide into its complexities, some put off by previously unsuccessful attempts, others lacking faith in the banking system. But the Internet opens new doors, and a revolution in AI technology has changed everything. Different from traditional currencies that use central goverment and banks as intermediary exist a business social network that connects directly corporate buyers and sellers with each other. Decentralization is the vital value followed by all cryptocurrencies that is rensposible for transaction ledger, transaction validation and create new Bitcoins. The aim of this study is the next generation Blockchain- based B2B payment network which is super light and fast, making it the first Blockchain on mobile. The process is made even more transparent through the use of smart contracts. The long- term aims are that it will open the global market to new business opportunities, revitalise sluggish economies and free up billions of money that are blocked by traditional payment methods. By guaranteeing user credibility and taking down the obstacles commonplace in international trade, Blockchain is changing the way companies do business, one connection at a time. Using cryptocurrency means you can avoid the complexities and costs of the traditional banking system.

Keywords:

cryptocurrency, blockchain, crypto-markets, bitcoins, AI

Session Chair

Patrik Elm

Session Co-Chair

Paivi Jokela

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-437-69-1

Location

Pristina, Kosovo

Start Date

27-10-2018 9:00 AM

End Date

27-10-2018 10:30 AM

DOI

10.33107/ubt-ic.2018.85

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Oct 27th, 9:00 AM Oct 27th, 10:30 AM

Blockchain technology, applications and crypto-markets

Pristina, Kosovo

Blockchain networks, applications and crypto-markets have only just started to impact the way we conduct business. There are too many people who had always wanted to invest and had the money to do so, but never had. Most of the world does not trade on exchange markets, many lacking the time to divide into its complexities, some put off by previously unsuccessful attempts, others lacking faith in the banking system. But the Internet opens new doors, and a revolution in AI technology has changed everything. Different from traditional currencies that use central goverment and banks as intermediary exist a business social network that connects directly corporate buyers and sellers with each other. Decentralization is the vital value followed by all cryptocurrencies that is rensposible for transaction ledger, transaction validation and create new Bitcoins. The aim of this study is the next generation Blockchain- based B2B payment network which is super light and fast, making it the first Blockchain on mobile. The process is made even more transparent through the use of smart contracts. The long- term aims are that it will open the global market to new business opportunities, revitalise sluggish economies and free up billions of money that are blocked by traditional payment methods. By guaranteeing user credibility and taking down the obstacles commonplace in international trade, Blockchain is changing the way companies do business, one connection at a time. Using cryptocurrency means you can avoid the complexities and costs of the traditional banking system.