Bitcoin And Blockchain Technology: The Challenges and Way Forward

May 6, 2019 | Sponsored

Over the years, the Bitcoin blockchain has proven for being strong. Bitcoin blockchain has even withstood cryptographic verification and adversary attacks, when attracting more investors, users and participants. Bitcoin and Blockchain Technology Limitations and Challenges Currently, there are some limitations in the Bitcoin blockchain design. They are as follows: The size of the block is about 95 GB and is still growing, since the bitcoin blockchain is preserving the entire records that are linked together.

Spotlight

Okcoin

Okcoin is one of the world’s largest and fastest growing cryptocurrency exchanges. We help millions of people buy and sell bitcoin, ethereum, miamicoin and many other crypto assets every day — but our work is a whole lot more than that: we’re building an inclusive future of finance. A future that opens new opportunities to learn financial literacy, store value, and build wealth for everyone. Ready to help the next billion people experience the future of finance with us? Come on board. We have offices in San Francisco, Malta, Hong Kong, Singapore, Japan, and Korea. From AVAX to BTC to STX, Okcoin supports a variety of crypto and digital assets. And more coming soon! Customer support Whether you’re an experienced trader or brand new to bitcoin, our Customer Support team is here to help. For answers and feedback, email us at support@okcoin.com. 24/7 support is available in English and Mandarin.

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FINANCE PROFESSIONALS HAVE THEIR SAY ABOUT PROCUREMENT

Infographic | January 6, 2020

Finance and procurement have complementary strengths and corresponding priorities, so working collaboratively makes sense strategically and practically. Despite this, many enterprises still have a strong disconnect between these departments. To learn more about the existing relationships between finance and procurement, we interviewed over 280 finance professionals in our sourcing sentiment survey. Our findings, bolstered by analyst insights, make a strong case for increased collaboration between finance and procurement.

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NFTs are the Next Big Investment Opportunity

Infographic | May 20, 2022

NFTs are bought and sold for millions of dollars. According to a survey by Deloitte, OpenSea’s trading volume surpassed $200 million in August 2021, compared to $100,000 in December 2020. OpenSea holds more than 60 million NFTs in total

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The world of fintech

Infographic | January 28, 2020

Since the introduction of the first credit card with a magnetic stripe in 1966, financial technology has come a long way. Silicon Valley may not have birthed the term “fintech”, but it has certainly helped catapult its applications into the mainstream. Leveraging everything from basic apps to the blockchain, the changing dynamics of fintech are creating new investment opportunities every day, growing its appetite with every new megadeal.

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B2B Payments Fintech: Empowering Business Transactions

Infographic | July 17, 2023

Explore this infographic to delve into the world of B2B fintech and gain valuable insights into how B2B payments fintech revolutionizes transactions.

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Make Big Data Your Big Advantage in Financial Services

Infographic | December 1, 2021

But what is Big Data? In a nutshell, it is the ability to retain, process, and understand data like never before (Zikopoulos, 2015). Big Data is when you have challenges that cannot be handled by traditional database systems. Challenges in the context of Volume, Variety, Velocity, Veracity. These can be found in Financial Services. In fact, technology is so integral to banking that financial institutions are now almost indistinguishable from IT companies. This article looks at the Financial Services industry to examine Big Data and the technologies employed. It further covers ROI, Big Data analytics, regulation, governance, security, and storage as well as obstacles and challenges that have made the industry what it is today.

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AI,ML and Deep Learning in Finance

Infographic | July 12, 2022

Banking customers, aren’t out there thinking about AI, ML. They are looking for convenience, value, better experiences, and sometimes connections. -Alex Jimenez, Strategist, Influencer in Fintech, AI, and Data Analytics

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Spotlight

Okcoin

Okcoin is one of the world’s largest and fastest growing cryptocurrency exchanges. We help millions of people buy and sell bitcoin, ethereum, miamicoin and many other crypto assets every day — but our work is a whole lot more than that: we’re building an inclusive future of finance. A future that opens new opportunities to learn financial literacy, store value, and build wealth for everyone. Ready to help the next billion people experience the future of finance with us? Come on board. We have offices in San Francisco, Malta, Hong Kong, Singapore, Japan, and Korea. From AVAX to BTC to STX, Okcoin supports a variety of crypto and digital assets. And more coming soon! Customer support Whether you’re an experienced trader or brand new to bitcoin, our Customer Support team is here to help. For answers and feedback, email us at support@okcoin.com. 24/7 support is available in English and Mandarin.

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