Blockchain for Dummies, sorry, for Idiots.

5 reasons why a mainstream blockchain product is the next big thing:

All the buzz and noise about Bitcoin in this last year has made me understand one thing: I must start earning in crypto. Maybe some of you readers are big, smart asses and you have your impressive portfolio of investments.

But I am in my early 30’s after a divorce that didn’t leave me much, I don’t even have the smallest amount to invest and enjoy this world of crypto and blockchain. I only have my skills, which I will tell you more about later, and I guess that like me- there are many, many millions out there in the world.

So, I went out searching for the perfect blockchain product, platform, or ICO, and I promised to myself (and to my new girlfriend that was impressed by my knowledge in crypto) that I’m not coming back without the perfect guide, and at least 1 or 2 findings.

As someone that studied and assessed the crypto and blockchain space deeply in the last year (one of my strongest abilities) and read almost every piece of information, watched all the leading Youtubers and Webinars in the crypto world and investigated dozens of startups in this sphere, or ICOs, I understand one thing; “The king is pretty much naked.”

So, I’m here to talk about the fact that most of the projects seem massive and unclear.

Most of these crypto projects don’t even have any existing products, and it all sounds so complicated. It’s exactly what I don’t need, and I recommend for you to follow my lead in getting involved in mainstream blockchain products. That is how I came up with the brilliant headline of this article.

After all, blockchain and crypto should make our lives better, open our lives to new opportunities, and really ease the transfer of payments and information. The accessibility level should be increased, so why the hell is it so complicated and not user-friendly? Why can’t I start earning in crypto tomorrow?

So, in this pile of noise and clutter, I definitely found some pearls of wisdom that made sense and fit the simplicity and rationality I was looking for. Two platforms that easily integrate crypto into daily life are Steemit and Vanywhere. Steemit is an existing content-driven medium that allows users to earn crypto for their submissions. If you have a knack for creating content, it could be a good platform for you. By submitting original work related to different topics, users can become of the community.


Secondly, Vanywhere is a soon to be launched skill-sharing platform that enables Skillers to earn in crypto, that is simplified and accessible, even for crypto beginners. Vanywhere has found a way to break the barriers of complicated entryways for cryptocurrency simply by creating a platform where you can share your skills in different verticals like cooking, styling, yoga, etc. All you need to start earning in crypto on the app are your skills or subjects that you’re very well informed about. Additionally, users can become part of the platform by seeking out “Skillers”, whether you need assistance from top travel influencers to cryptocurrency enthusiasts. The Skillers and users interact through live video, voice call, or chat, and Skillers are paid in digital currency. For instance, I have become somewhat of a crypto expert and I’ve also developed impressive cooking skills. Both of these skills are showcased on Vanywhere. Also, the app is seamless and has its own token called VANY which offer perks for users and rely on an ecosystem. The market capital for these products are out of this world, and I feel a bit embarrassed for not recognizing the potential beforehand. These platforms have found a way to bridge the gap between technology and crypto, and extend into functions of daily life.

To summarize, here are the top 5 ways that mainstream blockchain products will be the next big thing:

  1. Anyone with a skill or marketable ability can start earning crypto
  2. You don’t need to invest in cryptocurrency to actually start earning it
  3. Easy, simple technology make the platforms efficient and user-friendly
  4. Soft entrance to the crypto community with other like-minded users
  5. Finally, something you can use and understand that doesn’t make you feel dumbfounded about this whole crypto, blockchain phenomenon

Simplifying and “idiot-proofing” these processes will make it easy for everyone to start earning crypto and expand into the world of digital currency. Blockchain products for dummies are the next big thing.– The Vanywhere token sale will take place in Q1 2018.
Find Vanywhere on Telegram at –– Steemit’s platform is currently available.

About the author: The author is a freelancer and a crypto-enthusiast who is interested in finding new ways to secure gigs and get paid in cryptocurrencies instead of fiat. 

Disclaimer:  The statements, views, and opinions expressed in this column are solely those of the author and do not necessarily represent those of NewsBTC.

Subscribe to our newsletter

Blockchain is gaining momentum in a number of growing industries. Because of the rise in popularity of Bitcoin, Blockchain technology has proven useful in the financial arena. A growing number entrepreneurs are utilizing Blockchain to transform a number of industries.

Blockchain is known for driving greater transparency and security across the digital information ecosystem. Armed with this knowledge many startup companies are beginning to implement use cases for the nascent technology.

This has caused a heightened awareness around the technology in areas stretching from payments to public policy. As popularity grows, the need for more information and training will increase as well. Learning how these industries are using Blockchain to advance their companies is becoming more and more accessible with more events and conferences happening every day.

Impacts on a global logistics

The transfer of goods, service and value drive the way humans exist. This important reality of life is accomplished through communication flow and logistics. CEO of Shipchain, John Monarch, believes that the logistics sector employs more people than any other industry. Due to the natural growth over time, it has required innovative ways to scale in order to handle the growth of the shipping and logistics needs.

Monarch said, “Connected devices revolving around the Internet of Everything (IoE) need a higher level of security. Blockchain technology is a matchless solution in this regard because it provides the best protection through distributed ledgers, advanced encryption, smart-contracts and reduced intermediaries. As a result, this will tackle corruption, ransomware, theft, premium-fees and tracking issues.”

His estimates predict that more than $50 billion per year could be saved just in the beginning, and after maturity, as much as $500 billion annually when Blockchain networks are implemented on a mass-market level.

Blockchain’s key role

Efficiency isn’t the actual selling point of Blockchains for the logistics industry, according to Monarch. Plenty of other options outside of Blockchain can provide more efficient systems. What Blockchain does offer, however, is a way “to make systems more transparent, more robust and less dependent on intermediaries.”

When there is a change of ownership, tracking this information becomes an issue as it relates to the chain of custody. One example of this is how a car’s history is tracked as noted by Christopher Bates, COO of Bitland:

“It is pretty important to know if a car has been in a major accident and has frame/structural damage,” he says. “If there was an immutable accessible record that kept track of the car history, there would be no way a car salesman could sell a car that had been extremely damaged.”

Bates also explained the problem as it relates to ownership of land. In some places, land titles are tracked on paper only or by one individual. Fraud happens in situations like these because the land can be sold two to three times without truly knowing who the real owner is.

Providing safety

There is a constant battle over the imperfections of shipping. Tracking the chain of custody when it is passing through so many hands begins to break down. There is no perfect way to find who is responsible for the break in the chain. Bates observes:

“The issue therein is that since they are mutable, shipment records can be hidden or erased completely to the detriment of the people at large. Governments are able to hide their black budget spending by erasing shipping records or preventing records from being issued at all.” 

Blockchain fixes this issue by implementing technology that decreases the potential of malicious action and creates better transparency with immutable record-keeping.

Creating new opportunities

 As Blockchain technology continues to find traction among industry insiders and new markets, the potential for adoption continues to grow as well. Of particular note are new startups and existing businesses that are conducting Initial Coin Offerings (ICOs). This model of decentralization provides a way for Blockchain technology to enter various industries.

Arcade City is a startup up company similar to Lyft and Uber. They are now facilitating all of their transactions through a Blockchain system. They are providing their drivers the freedom to establish their own rates with Blockchain tracking all of the data. This will appeal to drivers who would like to build up their own business instead of being controlled by a corporation. They can build their own customer base, determine rates and offer additional services (deliveries and roadside assistance).

This is just one example of many new ICOs who are starting to take advantage of the Blockchain technology. The movement of putting freedom and control into the customer’s hands will be an upward trend that many will begin to use to their advantage. ICO provides industries with a platform to offer tokens to pay for services. It is a great way to establish the capital for a new company while providing services to your customer base.

Network congestion is a problem most users would associate with Bitcoin or Ethereum. Both of these networks have seen their fair share of issues in this regard. Bitcoin Cash saw its transaction backlog grow quite spectacularly this morning. For several hours, someone – or a group of people – were flooding the network with very low-fee transactions. As a result, there was a minor delay in transactions, although things were well within the acceptable limits.  Why any of this is happening right now, has yet to be determined.

Bitcoin Cash has not been subject to major spam attacks as of yet. Bitcoin, on the other hand, seems to get clogged up with transactions every other week. Keeping this in mind, it’s not surprising to see so many people flock to BCH in recent weeks. This has caught the attention of whoever is responsible for the current “spam” on the BCH blockchain. More specifically, there have been a ton of new transactions to fill up the blocks rather quickly. A rather worrisome development, although things were handled relatively well.

Bitcoin Cash Handles the Business

The big question is why anyone would flood the BCH network with low-fee transactions. At a price of 1 Satoshi per byte, inflating overall fees would be rather difficult. After all, users can easily pay double that and not have their transactions delayed. Even with the higher fee, Bitcoin Cash remains a lot cheaper than BTC right now. With this cost in mind, it would cost approximately $16,000 to flood the network for an entire day. That doesn’t seem like much money, thus it is possible this is a well-orchestrated attack. For now, there is no solid evidence to back up such claims.

Unlike what one would expect, this issue has not caused many problems. The Bitcoin Cash mempool has been cleared relatively quickly and things are returning to normal. If this was an attack, it was a very weak attempt at causing permanent damage. If such an issue were to affect Bitcoin, the fees would skyrocket and transactions backlogged for 24 hours or more. Having a larger block size can be rather beneficial in this regard. It also shows how BCH is better at scaling compared to Bitcoin, at least for now.

Whether or not this is a prelude to more attacks, remains to be seen. No one will be surprised to see issues like these arise again in the future. The “fight” between BTC and BCH supporters is far from over Although it’s not exactly a turf war, hostilities are not entirely uncommon either. Attacking a network with low-fee transactions is despicable We don’t know if that is what has happened to Bitcoin Cash, though. In the end, the issues seem largely resolved, which is a positive sign.

Header image courtesy of Shutterstock

Comparing different blockchain-based ecosystems usually makes no sense whatsoever. It feels like comparing apples to oranges and grapes. In the cryptocurrency world, however, there are some interesting metrics worth keeping an eye on. Over the past 24 hours, it seems the Ethereum blockchain helped transfer just over $23bn. This is almost as much as Bitcoin, BitcoinC ash, Litecoin, Dash, BTG, and ETC combined. An interesting development, although not all blockchains can be traded in this regard.

Every blockchain is capable of processing transactions and moving financial value from one user to the next. In the cryptocurrency world, that is a requirement to ensure the network has any value at all. Ethereum has suddenly become a very popular solution to transfer value. So much even that it processes almost as much value as six other top cryptocurrencies combined. Whereas many people assume Bitcoin is the king of the hill, that is not the case in this regard. An interesting development, although it’s important to put things into perspective.

Another Good day for the Ethereum Blockchain

More specifically, Ethereum’s value transfer doesn’t pertain just to ETH transactions. It also includes all of the ERC20 tokens issued on this blockchain. That means the numbers are skewed a bit, although not by all that much. The key factor is how this blockchain handles $24bn worth of volume over a 24-hour period without too many problems. Bitcoin, on the other hand, is still more expensive and a lot slower, even though it remains very popular. Ethereum’s value transferred in the past 24 hours is bigger than Bitcoin’s, which is not all that uncommon.

However, when adding the value transferred by other blockchains on top of Bitcoin’s, it’s not much higher than Ethereum’s throughput. For many people, this is a key indicator of how Ethereum will overtake Bitcoin at some point. Such a scenario is not entirely impossible, although it may not happen anytime soon either. Comparing the value transferred over individual blockchains is always a snapshot at an opportune time. These statistics can look very different a day or week from right now, for all we know.

As such, it is difficult to draw any conclusion based on this fortunate snapshot. The demand for Ethereum-based value transfer solutions is certainly there. It’s cheaper to use, works better, and is faster. At the same time, it also encompasses a lot of tokens rather than Ether itself. How all of this will play out in the future is impossible to predict right now. With proper scaling, this blockchain will certainly become even more popular in the coming years.

Header image courtesy of Shutterstock

According to a note issued by HBSC economic analyst James Pomeroy, Sweden could be the first nation to issue their own cryptocurrency. A document, which was sent to clients this week, titled “Sweden’s Big Year: Can the Economy Overcome Some Challenges?” set forth some rudimentary proposals of what an e-krona might look like.

The international bank that is HSBC calls the Swedish economy “one of the world’s most interesting”. It would be a fitting place to roll out a central-bank-issued, digital currency as they have one of the lowest actual cash usage rates on the planet. According to Business Insider, the use of cash is actively discouraged by shops and other businesses offering various goods and services. The business-focused news source also highlights anecdotal stories of beggars and buskers having their own card terminals to take electronic payments out in the street.

The HSBC-issued note states that the launch of a so-called “e-krona” might not happen this year but is something that may occur within the next few years.

Sweden’s Riksbank have identified two possible ways that a centrally issued digital currency could work. One is based on value, the other is on a register system. HSBC claim that the first option “would be more like cash is at present, with value stored on an app or a card rather than in a central database”. Meanwhile, the second option would use a register-based system. This would mean that e-krona would be stored on centrally registered accounts themselves. According to Pomeroy, the second option is:

“… more complex, but may make the framework easier to expand and develop over time, and would likely require the use of blockchain technology.”

Meanwhile, Sweden’s central bank has stated that it would consider using a combination of both options. The HSBC analyst added:

“A Central Bank Cryptocurrency (CBCC) would use blockchain technology, whereas a non-blockchain solution would make the e-Krona a ‘deposited currency account’.”

In addition to the fact that Sweden are already moving quickly towards a cashless society, the history of financial innovation within the State makes their efforts to be the first to launch a national digital currency fitting. Over 350 years ago, it was in Sweden that the first modern banknote was created. It’s therefore appropriate that things have moved full-circle and it is in the Scandinavian nation that cash itself might finally cease to exist.

Sweden are by no means the only country to consider launching their own digital currency though. Over the Christmas break, the Bank of England made headlines after speculation increased over them launching their own virtual currency later this year. There has also been talk of a CryptoRuble from Russia, and recently Ukraine have hinted towards similar via their own Facebook page.


Image: PixaBay


Apps have taken over our lives. An average American has over 80 apps on their phone and spends over 2 hours on those apps each day. These apps are impressive. They can do incredible things, making our lives increasingly simpler with each update. They can talk to our cars, our tv’s and even our homes. But they can’t do one important thing. Talk to each other.

Bits and pieces of information are spread out across the 80 various apps that we use. For example, some apps like LinkedIn contain primarily professional experience, including skills, endorsements, and resumes. Other social network apps are better for adding mass numbers of contacts but aren’t synced with LinkedIn. Upwork has professional reviews of your work posted by clients. Then there are the freelancer websites that contain the work you’ve done. Even your email can have valuable information, but it’s only viewable to you.

All of this information is valuable. Especially if you’re a freelancer or anyone trying to drum up more business. Because this information is valuable, too much valuable time is spent managing the information across the multiple platforms when it should be spent actually doing the work that brings in money. Plus, you’re subject to those platforms and how they share and use your information. The user has virtually no control.


One Integrated Platform With All Your Professional Experience, a blockchain based network is providing a solution to these problems. Their solution is simple, connect all these apps through one central network. Through, you can update information on any connected website and it will automatically be transferred to every other connected app. helps save time by connecting your information, experience, and reviews from all your apps on a single network. The protocol provides all the necessary categories to put your best professional foot forward. The profile feature allows you to sync all of your professional skills, qualification and work experience. You, the owner are given access to modify all of the information. Plus, the information must be verified by a third party, providing complete trust that all of the information is validated and true.

Your reputation is vital in finding new clients, and the protocol allows your reviews to be managed and shared across your apps. This makes building and maintaining your reputation easier and more impactful.

The last primary feature of the protocol is the network. Connections are everything in business, and allows your professional relationships to be imported, accessed and modified across your apps. Best of all, this network is available at your fingertips, through the use of its own mobile application.

How Works: The DOCK Token is different from other app connecting networks because it operates on Ethereum’s blockchain. Ethereum (ETH) is the popular cryptocurrency whose blockchain allows decentralized apps (DAPPS) to be built upon it and enables use of its smart contract technology. is one such application.

The network is powered by its token, DOCK. As a crypto token, DOCK will have a monetary value associated with it, incentivizing users to access and share their data. Users have the ability to vote on new proposals and the future development of the platform. The token is also used when apps want to access data on their platform. Conversely, apps are rewarded with tokens when they create a new point of data on the platform.

The platform is also secure and trustworthy. To ensure this, the token is only transferred when a third party app accepts the data that is created. This ensures that users aren’t exaggerating or lying about their professional history, which would give them an unfair edge in the hiring process. can change the way freelance workers find business. It saves valuable time by integrating all your professional information from multiple apps into a single platform. It allows a running resume to be maintained and continually updated, providing potential clients the most up to date information on your work. This, along with its trustworthy validation process provide a new way for freelancers to find work.

One of the latest pop groups to emerge out of Japan are the trend-riding Kasotsuka Shojo. The name translates to Virtual Currency Girls and in typical J-Pop style, each of the eight members wear a different costume representing one of the largest cryptocurrencies. Amongst the performers are Bitcoin, Bitcoin Cash, NEM, and Ethereum.

The all-girl band are seeking to educate the public about digital currencies from a wider angle than simply pure speculation. This is evidenced by their first song, “The Moon and Virtual Currencies and Me” and another tune which includes the lyrics, “Don’t forget about two-step verification,” and “Never use the same password twice”.

Kasotsuka Shojo were created by the Japanese girl band factory that is the Cinderella Academy. The entertainment company also manages several other popular groups.

The crypto-themed band played their first show in Tokyo last Friday. It was an action-packed thirty minutes in which the eight-piece explained the benefits of using electronic currencies, as well as the present security risks faced by those in the space. During the performance, various dramas from the digital currency space were acted out on stage. In one such vignette, the girls representing Bitcoin and Bitcoin Cash had a scrap over Hinano Shirahama’s (BTC) assumed leadership of the cryptocurrency world. BCH’s representative, Rara Naruse, declared:

“The surge of Bitcoin caused various problems. To solve these, Bitcoin Cash was established, with smaller fees and quicker transactions. So I think Bitcoin Cash will replace Bitcoin at some point in the future. The market cap of Bitcoin Cash will be number one!”

It should come as little surprise that the world’s first cryptocurrency-themed pop group hails from Japan. Besides the nation’s love of music that often seems quirky but is sometimes downright bizarre to us in the West, Japan are also trend-setters in the treatment of Bitcoin as legal tender there. At one stage, the island State accounted for the largest share of global Bitcoin trading and their Tokyo-based BitFlyer exchange platform continues to be one of the planet’s largest. Quartz report the research of Japanese finance company Nomura. They state that thanks to the sharp rise in the price of Bitcoin over the last twelve months, combined with Japan’s embrace of the technology, has helped their GDP to the tune of 0.3%.


Image: PixaBay


Key Points

  • Bitcoin gold price after trading in a range for a long time broke the $300 level against the US Dollar.
  • There was a break above a major horizontal resistance at $290 on the 4-hours chart of BTG/USD (data feed from Bitfinex).
  • The pair traded as high as $368 and is currently correcting lower towards the $320 level.

Bitcoin gold price has moved sharply above $300 against the US Dollar. BTG/USD is now in the bullish zone above $320 and is poised for more gains.

Bitcoin Gold Price Trend

There was a decent support base formed around $200 in bitcoin gold price against the US Dollar. The price traded in a range for a long time above the $200 level and it later started an upside move. It gained momentum and was able to move above the $250 and $260 resistance levels. The upside move was strong and the price succeeded in moving above the $300 level.

More importantly, there was a break above a major horizontal resistance at $290 on the 4-hours chart of BTG/USD. The pair traded above the $350 level and closed above the 100 simple moving average (4-hour). It traded as high as $368 and is currently correcting lower. An initial support on the downside is around the 23.6% Fib retracement level of the last wave from the $198 low to $368 high at $328. However, the most important support is around the $290 and $300 levels. The 38.2% Fib retracement level of the last wave from the $198 low to $368 high is also at $303 to act as a support.

Bitcoin Gold Price Weekly Analysis BTG USD

Therefore, the $300 level is now a major support and buy zone in the near term.

Looking at the technical indicators:

Hourly MACD – The MACD for BTG/USD is strongly placed in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTG/USD is gaining momentum above the 65 level.

Major Support Level – $300

Major Resistance Level – $350


Charts courtesy – Trading View, Bitfinex

Key Points

  • Bitcoin price traded lower this past week and tested the $12,600 support against the US Dollar.
  • There was a break above a major bearish trend line with resistance at $13,800 on the 4-hours chart of BTC/USD (data feed from SimpleFX).
  • The price has to break the $14,500 level and the 100 simple moving average to gain upside momentum.

Bitcoin price is stable above the $12,600 against the US Dollar. BTC/USD could soon gain momentum above $14,500 to move past $15,000 in the near term.

Bitcoin Price Upside Move

This past week was slightly bearish for bitcoin price as it moved below the $14,000 level against the US Dollar. The price traded lower and moved towards the $12,200 level. A low was formed at $12,670 from where the price started an upside move. It traded above the $13,000 level and the 23.6% Fib retracement level of the last decline from the $17,112 high to $12,670 low.

During the upside, there was a break above a major bearish trend line with resistance at $13,800 on the 4-hours chart of BTC/USD. The pair managed to move above the $13,900 level. However, the upside move was protected by the $14,000 level and the 100 simple moving average. Moreover, the 38.2% Fib retracement level of the last decline from the $17,112 high to $12,670 low also acted as a resistance. It seems like the price has to move above the $14,500 level and the 100 SMA to gain upside momentum.

Bitcoin Price Weekly Analysis BTC USD

Once there is a break above the $14,500 level, there are chances of it breaking the $15,000 level in the near term. The overall bias is stable above the $12,500 level with an initial support on the downside at $13,200.

Looking at the technical indicators:              

4-hours MACD – The MACD is showing a few positive signs of a trend change.

4-hours RSI (Relative Strength Index) – The RSI is struggling to move above the 50 level.

Major Support Level – $12,500

Major Resistance Level – $14,500


Charts courtesy – SimpleFX

Key Highlights

  • ETH price extended its gains and was able to move above $1400 against the US Dollar.
  • There was a break above a major descending channel with resistance at $1230 on the 4-hours chart of ETH/USD (data feed via SimpleFX).
  • The pair might continue to extend its gains above the $1400 level in the near term.

Ethereum price is in a major uptrend against the US Dollar and Bitcoin. ETH/USD broke the $1400 level and it is likely to extend gains going forward.

Ethereum Price Rise

This past was overall positive for ETH price as it remained supported above $1200 for more gains against the US Dollar. There was a dip towards the $1079 level where buyers appeared and protected losses. Later, a new upside wave was initiated and the price was able to move back above the $1200 and $1250 levels. The rise in ETH was excellent as it managed to move above the $1400 level and traded to a new all-time high at $1412.82.

During the upside move, there was a break above a major descending channel with resistance at $1230 on the 4-hours chart of ETH/USD. At the moment, the price is correcting lower and is trading below the $1400 level. An initial support on the downside is around the 23.65% Fib retracement level of the last wave from the $1079 low to $1412 high. It seems like the price is placed nicely in the bullish zone above $1300 and it is very likely to move back above $1400 for more gains.

Ethereum Price Weekly Analysis ETH USD

On the downside, the most important support is around the 50% Fib retracement level of the last wave from the $1079 low to $1412 high at $1245. The same $1245 level acted as a resistance level and it may act as a buy zone in the near term.

4-hours MACD – The MACD is nicely moving in the bullish zone.

4-hours RSI – The RSI is currently near the 65 level with bullish signs.

Major Support Level – $1245

Major Resistance Level – $1400


Charts courtesy – SimpleFX