Emocoin

  The use of blockchain technology is spreading to many sectors primarily due to the increased use of cryptocurrency. But, how does online gaming work in the cryptocurrency world?  Don’t you have any clue?  Here is everything about crypto gaming!  The technical definition of crypto games states: a category of video games that operates on a cryptocurrency network and incorporates distributed ledger architecture. In recent years it has  not only gained momentum but has become a breeding ground for new innovation in the online gaming sector. How? Well, many developers continue to probe new methods to purchase and trade in-gaming related products and much more.  The global market for video gaming is very lucrative where in the year 2020 it was valued at $173.70 billion and is estimated to reach 314.40 billion by 2026. In fact, big companies such as Sony, Tencent, Nintendo or Microsoft register a gaming revenue of more than 10 billion dollars. Taking this growt...

Cash, cash… endangered cash? You must have noticed that this practice is spreading more and more among traders. So much so that some even look surprised if you give them cash! In some countries, cash is used less and less often. Could this trend be reversed? That would be amazing, especially since online purchases cannot be paid for in cash. Usually, we keep most of our money in the bank. After all, we can always access it when we need it, for example, to make our electronic payments. But when the financial system is shaken - as it happened in 2008 on a global scale - many people turn to cash. Their reaction is logical: Regardless of the country considered, cash remains the safest liquid financial asset, since its issuer - the central bank - cannot fail like a commercial bank. It is true that deposit insurance protects customers of commercial banks in the event of bankruptcy, but it is not a silver bullet. First, there are limits to the amounts insured. Second, you rarely get your mone...

Dear readers, before we delve into staking in Emobank, let us first understand how staking works in the cryptocurrency world.  For those of you who are unaware, the option of staking or ‘locking up’ a small portion of the cryptocurrency you own, is becoming quite a popular way of smart investment. Are you new to this term? Nonetheless, we are here to make you understand it all in a simple way. So, get ready with your reading glasses!  The term staking refers to ‘keeping aside’ or ‘locking up’ a portion of your assets. Similarly in the cryptocurrency world, staking can be understood as depositing a portion of your salary or saving in a bank so as to earn interest in the long term. If we talk about cryptocurrency then staking means locking up some portion of the tokens (of the cryptocurrency you hold) within the blockchain. The locked-up tokens are out of the regular circulation of the token in the blockchain for a specific amount of time.  In cryptocurrency, a particular ...