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What is a digital bank?

Digital banking means that all banking services are done via smart devices by using digital platforms, which eliminates the need for traditional banking methods. With the aid of virtual processes, financial transactions are facilitated, simplified and automated.

3 min read

What is SWIFT?

SWIFT transfers are transactions made via the SWIFT international payment network. The abbreviation SWIFT stands for Society for Worldwide Interbank Financial Telecommunications.

3 min read

What is Fintech?

Fintech combines the words "financial" and "technology." It is a relatively recent and often unclear term that applies to most emerging platforms and services that aim to deliver financial services in newer and faster ways than traditional ones.

3 min read

What is AirDrop?

AirDrop is a specific marketing ploy that includes the distribution of tokens or coins to investors' crypto wallets in order to attract attention to a new token or a crypto exchange.

 min read

What is DeFi?

DeFi is one of the newest financial technologies, built on distributive ledgers similar to cryptocurrency. This system eliminates third parties, such as the banks and institutions that hold the control over your finances.

2 min read

What is a NFT?

NFT stands for non-fungible “cryptographic” token, meaning it is a token that is unique and cannot be replaced or exchanged, including with a transfer or exchange mechanism for digital object certification that is used in the blockchain. An example of an NFT isany image, GIF, song, and even the first post of Twitter creator, which also gained attention in the world of NFTs.

3 min read

What is altcoin and how is it used?

Altcoins are defined as all cryptocurrencies other than a Bitcoin. They use a different algorithm (or blockchain) and provide new or additional capabilities.

3 min read

What is blockchain?

A blockchain is a database that stores encrypted blocks of data (typical transactions that are completed on the blockchain: sell or buy) then puts them together into blocks to form a chronological single-source-of-truth chain of data. If we were to visually represent the blockchain it would look like a list of transactions that anyone can view and verify.

3 min read

What is a stablecoin and how can it be used ?

A stablecoin is a digital currency where the value is tied to a real-world asset like U.S. dollars, euros, or gold. A stablecoinis not a fluctuating cryptocurrency like Bitcoin, Ethereum, Dogecoin, etc.

4 min read
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