Community

Imagine a company with no board members, CEO or CFO’s. A company that’s run by an automated network, gathering ideas and proposals of all its employees, stakeholders, and community members. A company that gives everyone a say in its future direction, and that actively promotes the collaboration of the commons. Science fiction or science fact? Well, let’s take a look at what NavCoin 's community has created!

While the whole cryptocurrency community was expecting another major bull run, the price trend of Bitcoin (BTC) appears to be once again disappointing. However, the BTC’s rally has continued over the past few hours, and the rest of the digital assets have trailed in its stir. Some senior blockchain and crypto analysts have even started to predict a weighty bearish viewpoint.

A new overview of the blockchain sector in Ukraine was recently published by the Ukrainian Blockchain Association (BAU). It highlights the formation phases of the sector and community, goes ahead to examine the firms participating in the market and also underlines the areas where these companies offer relevant solutions. The BAU also examined and analyzed future expectations of all market contributors, as well as the degree of business well-being with cryptocurrencies, distributed ledger technology (DLT) or blockchain and the existing regulations governing the industry.

It’s now a decade since the first cryptocurrency was created, but up to this second, the real creator of Bitcoin popularly known as Satoshi Nakamoto, has never been identified or come out to evidently identify himself, and this has turned out to be one of the largest mysteries in the blockchain industry.

After the protracted bear market for Bitcoin, confidence and optimism has once again returned to the cryptocurrency community. A widespread positive sentiment is now clearly visible in the perspectives of blockchain and cryptocurrency dealers operating within Italy. But what are some of the reasons behind the recent recovery of cryptocurrencies?  Most investors have focused on concerns over capital controls in China and most especially on the security race due to global geopolitical tensions, such as the US-China trade war.

Cryptocurrency poses four major types of risk, namely, financial, monetary, criminal and law enforcement, according to a report by the Guardia di Finanza (Gdf). The techniques are somehow sophisticated, restrained and variable. Judicial authorities registered increased complaints related to the illicit use of digital currencies.

On a daily basis, more than $5 trillion are exchanged in financial markets within Italy. From a few years ago, fake platforms have been advertising themselves by persuading users that they will get quick gains, and in the process, they have fallen victims by losing their money to the fraudsters. Considering the widespread of these malevolent platforms, the victims and the crypto community at large have decided to organize relevant training on Bitcoin, cryptocurrencies and blockchain technology, aiming at preventing and reducing scams polluting the industry.

Cryptocurrency traders all over the world go wild for Bitcoin without paying attention to its underlying technology. Italy is no exception. Despite the significant efforts the country puts into adoption and application of blockchain, ordinary community members tend to focus on the digital currency based on it.

Futuristic technologies such as blockchain, Bitcoin, cryptocurrency, smart contract and others are the applications that could change the daily life of many people, thanks to this revolutionary novelty and Italy at large for being the first country within the European community to move from theories to practicals. Italy first in Europe to have regulated the two instruments of the future i.e. blockchain and smart contract.