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MeterQubes assessment and analysis

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Introduction

The growth of Blockchain is emerging as one of the biggest tech innovations in the last 3 decades, considered second only to the advent of the internet. In general-parlance, blockchain and cryptocurrencies have been used interchangeably; but this disruptive technology is capable of much more than generating digital currencies. The CEO of IBM, Ginni Rometty quoted, “what the internet did for communications, blockchain will do for trusted transactions”. While the technology is still building up and gaining traction, it is on its way to revamping the global economy in general and financial services & governance ecosystems in particular.

The wordplay in the name describes how the technology works; the name itself hands over what “blockchain” does. In simpler words, this digital technology records every digital transaction involving the user and provides a decentralized consensus protocol. This means that there is no central authority deciding the fate of a transaction. Why is that important? A single entity can be hacked, can take wrong decisions that reduce the value of your holdings and otherwise refuse to honor the transaction. But in a decentralized framework, the power of the “crowd” is more important than any so-called “authority”. …


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Decipher the popular adage “Not your keys, not your coins” from Bitcoin enthusiasts: “If it’s not your coins, it’s not your money”!

Are you new to the world of Crypto? Bitcoin? Ethereum? Have you, at least, heard of the famous Mt. Gox and Coincheck cryptocurrency exchanges that underwent cyber-attacks? Do you comprehend the value of having your money in your own pocket versus the value of having your money in someone else’s pocket? …


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If we start from a hypothesis that cryptocurrency asset trading was a sole reason behind the global rise of the blockchain technology, then it would come as no surprise that cryptocurrency exchange platforms are growing user-base at an unprecedented rate. …

About

MeterQubes

MeterQubes is a state-of-the-art decentralized exchange built on a robust blockchain protocol.

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