Skip to main content

EXCHANGE

*First Online Cryptocurrency Exchange Launched In Belarus



The first online cryptocurrency exchange -- based on blockchain technology -- has been launched in Belarus.

Media reports in Belarus said on January 15 that what they called the "world's first regulated tokenized securities exchange" at Currency.com was financially supported by London-based Belarusian entrepreneur Viktar Prakapenya and Russian businessman Said Gutseriyev.

The online service would allow users to exchange different types of cryptocurrencies as well to sell and buy them for national currencies.

Tokenization -- the process of substituting a sensitive data element with a nonsensitive equivalent, referred to as a token -- may be used to safeguard sensitive data such as bank accounts or financial statements.

A blockchain is a digital ledger where transactions made in Bitcoin or another cryptocurrency are recorded chronologically and publicly. Blockchain technology makes online transactions faster and more secure as well as anonymous.

The project is launched more than a year after Belarusian President Alyaksandr Lukashenka legalized transactions in cryptocurrencies such as Bitcoin.

Lukashenka signed the decree on December 22, 2017. He said at the time that the move was aimed at attracting foreign investors and turn Belarus into a regional center for blockchain technology.

Lukashenka said Minsk wanted to create conditions to encourage global IT firms to set up branches, research centers, and production facilities inside Belarus.

The decree makes initial coin offerings and transactions in crypto-currencies legal and all such trades will not be taxed until January 1, 2023.

The IT industry is one of the few booming sectors of the Belarusian economy.

The High-Tech Park was created in Minsk in 2006 to spur growth in the IT industry.
Labels:

Comments

Post a Comment

Thank you

Popular posts from this blog

Is It Safe to Exercise if I Have Asthma?

Asthma and Exercise One of the goals of asthma treatment is to help you maintain a normal and healthy lifestyle, which includes exercise and other physical activities. Taking your asthma medications as prescribed, avoiding triggers, and checking your symptoms and how well your lungs are working will help you achieve this goal. If asthma symptoms prevent you from fully taking part in activities, talk to your asthma doctor. A small change in your asthma action plan may be all that is needed to provide asthma relief during exercise or other activity. Can Exercise Help My Asthma? Yes, regular exercise can: Help your lungs work better Boost your immune system so you get fewer colds Help you lose weight, which can cut your odds of an asthma attack Create “feel-good” chemicals in your body that hold of depression and stress. 2. Best and Worst Workouts for  Asthma Team sports that involve short bursts of exertion - like volleyball, gymnastics, ba...
Post a Comment
Read more

8 EFFECTIVE BASIC STEPS FOR NETWORK MARKETING

Whether you alone as a entrepreneur or as a part of a startup or an eCommerce website representative, network marketing is worth looking into. In short, network marketing represents unique and personal method of sales and advertisement.According to statistics, network marketing has shown consistent growth across the US, with averege income for marketing representatives ranging around $60,000 on a yearly basis. This is a nice sum to consider for the work it takes to represent a product portfolio in your local area. However, building an effective marketing strategy for this type of sales can be difficult. Lets take a look at several tips which can help you create your own network marketing strategy and earn more revenue as a result. 1)  Corroborate Your Credentials Due to the door-to-door nature of network marketing, the industry faced its fair share of accusations over the years. Many false advertiser have claimed to be representatives of certain companies in order to scam un...
Post a Comment
Read more

GOOGLE AdMob

Google beefs up mobile app insights with new AdMob API There are now a range of enhanced metrics, such as active users, ad exposures per session, session duration, ARPU and user retention. Google’s AdMob is upgrading its reporting and analytics for mobile publishers and developers. The company is rolling out a new API, which will provide publishers with more accurate insights into user behavior, ad performance and revenue. New dashboard views. In the AdMob dashboard, users will be able to see metrics such as estimated earnings in a more granular way: by app, ad unit, format and country. Graphs are also more interactive and allow for two-metric data comparisons such as impressions and RPM (revenue per thousand) in individual charts. The initial App Overview dashboard will now offer more detailed insights, such as active users, ad exposures per session, session duration, ARPU and retention. Revenue reporting will also include in-app purchases and subscriptions. In app pur...
Post a Comment
Read more