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Blockchains are the Foundation for Cyber Currencies

Most have heard of Bitcoin but don’t really understand it. Most have not heard of blockchains and yet, they are the underlying foundation of Bitcoin and other cyber coins. Cyber coins are virtual money tokens and intuitively seem unreliable because they are not backed up by anything similar to the gold standard. The gold standard […]

Crypto Banking

Crypto Currency or “cyber coins” are terms describing tokens of credit backed up by blockchain journals. A blockchain is a list of journal entries that contain a timestamp and a calculation based on the previous entry. The calculations are computationally intensive on purpose and provide a tamper-proof form of journal which is published and distributed. […]