ARE YOU ALREADY EXPERT OF BLOCKCHAIN ?

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THE BLOCKCHAIN

A revolution that is here to stay

A COMPLEX TECHNOLOGY FOR A SIMPLE IDEA

The blockchain is an distributed archive over several nodes of the internet and
it's used to record definitive information in a manner that is unmodifiable in future

So far nothing exceptional, right?

At first glance, the blockchain looks like something ordinary,
but it brings two important innovations with the implications that follow:

Irreproducibility of Assets

It allows for the first time to permanently transmit a digital asset and not a copy of it, as in the case of use that created and made famous this technology: the payments in Bitcoin and other cryptocurrencies.

Decentralization

Decentralized means distributed on multiple nodes over the Internet and managed by several players at a global level. This gives the effective possibility to create a technological infrastructure above the control of the single nations.

OPEN SOURCE, TRANSPARENT, INCORRUPTIBLE

The three key factors that are determining the success of this technology

Availability

Blockchain is an open source technology, so anyone can get the source code and create a copy tailored to their needs. Alternatively, it is possible to find on the market solutions as a service provided by the big digital players.

Data Access

Blockchain can be consulted online, either publicly or privately depending on the specifications of the platform used. For example it's ideal for tracing a supply chain or develop data exchange systems between nations.

Supra-Partes

If needed blockchain guarantees decentralization, ie it prevents a single entity from reaching the control of all data. Therefore, the algorithm allows to manage also the writing process of new information with a distributed approach.

NOW THAT THE INTRODUCTION TO TECHNOLOGY IS DONE

Let's analyze the phenomenon that made the Blockchain famous

THE CRYPTOCURRENCIES

Why will they become the dominant payment method in future ?

SPENDABLE EVERYWHERE ON THE PLANET

It will take another 10 years for a global and mass adoption,
Internet took over 20 to evolve life everywhere on earth

Juridically speaking

The cryptocurrency is a digital representation of value, decentralized, based on peer-to-peer, on a shared blockchain, whose transfer is based on cryptography and whose emission rules are based on an open source algorithm.

THREE ELEMENTS THAT HAVE OPENED OUR EYES

When. Why. How.
The causes of this epochal phenomenon will help you understand its philosophy and effects

When

Bitcoin, the first cryptocurrency, sees the light. We are in 2009, in full explosion of the global financial crisis, generated the year before by the American subprime mortgage bubble and the bankruptcy of Lehman Brothers.

Why

Blaming the inefficacy of the market control authorities, a team of people design a technological infrastructure whose mission is to create a supranational and decentralized financial system, ie not controlled by nations.

How

Hidden behind the pseudonym of Satoshi Nakamoto, this collective of people releases the blockchain as open source technology, divulging it for free, and launches the first coin whose name we all know: Bitcoin.

AFTER A DECADE

Litecoin, Ripple and Ethereum. The first altcoins and exchanges are born between 2011 and 2014.
Together with a lot problems, today on CoinMarketCap there are thousands of cryptocurrencies

Mass adoption is a matter of time

Today at least 1% of the world population knows about the existence of cryptocurrencies.
Bitcoin's new Lightning Network, with one-second payments, negligible fees and considerable scalability, could be the missing link for mass adoption. Let's take a look at what awaits us.

Lightning Network

By analogy with the traditional banking system: if the wallet is our bank account in the crypto world, the Bitcoin Lightning Network is the prepaid card. It allows you to load the credit transferring Bitcoin or other cryptocurrencies, and then you can pay in a second with trifling fees thanks to the new offchain transactions, ie not performed on the blockchain.

Smart Contracts

You are selling a valuable painting, but the buyer from China wants to bind the purchase to the analysis of one of his trusted experts. You accept and create a smart contract. The expert comes to visit the picture in person and the result is positive. With one click, you instantly receive the amount agreed with the buyer and hand him the picture, relaxed.

THE BLOCKCHAIN NOWADAYS

Pros, cons and status of adoption of this new technology

NOBODY IS JUST WATCHING

Google, Amazon, Facebook, Microsoft, IBM, Oracle, the financial world.
All the big digital players are investing in blockchain

Summing up

The positive and negative factors that we believe will be decisive in this story.

Skills Shortage

The spread of the blockchain is very recent and therefore human resources with the skills necessary for the development of technology are very rare and above all concentrated in particular geographical areas of the planet.

Blockchain as a Service

Several large digital players have already started providing blockchain as a service solution optimized for the business. The spread and use in all fields of application is now only a matter of time.

Price Volatility

The crypto market is composed of a group of early adopters subjected to strong speculation. A balance will be found with the diffusion of technology and mass adoption.

Financial Decentralization

The beginning of uniform global adoption of a new decentralized financial system is in progress that is above the control of single nations.

Energy Resources

There is an excessive use of energy on blockchains related to cryptocurrencies, which will be resized over time by offchan transactions of the lightning network and corrected by future updates of the mining algorithms.

Favorable Regulation

The recent declarations of the European commission and the new laws approved in the main nations of the world recognize cryptocurrencies and tend to regulate their use with an orientation favorable to the development of technology.

CONCLUSIONS ARE UP TO YOU

It takes a lifetime to make people believe in our qualities,
just a moment to make them believe in our defects | Proverb

OUR SERVICES

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Consultancy on the choice of the blockchain services currently available on the market, dedicated to businesses that need to implement solutions based on this technology.

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Consultancy on KYC prerequisites for each country, coin offering methods and technologies, exchange listing and contacts of the most suitable interlocutors.

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Tailor-made training for managers dedicated to blockchain technology, smart contracts, lightning network and possibility of usage in various business sectors.

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