When we talk about the cryptocurrency exchange industry, the efforts to achieve global adoption are commendable. However, an alarming issue with them is the scarcity of enough liquidity. Not all cryptocurrency exchange platforms experience a high user count. To conduct faster settlements and channelize the buying and selling mechanism, stocks, bonds, or digital currency require a higher liquidity market. Indeed, as per a study conducted in early 2019 to track daily crypto trade volume, nearly 56 exchange platforms faked their data. Given this event, CoinMarketCap announced that it will consider liquidity as a default metric for ranking cryptocurrency pairs and exchanges.
Now, India’s Supreme court has delivered a landmark decision of lifting the ban over crypto trading and exchange development. It will encourage investors to explore crypto and blockchain based digital solutions in India.
Oodles is a cryptocurrency development company that provides a range of cryptocurrency development services. We have experience of more than 4+ years that enables us to build even the most complex blockchain and cryptocurrency-related projects.
In this blog, we will analyze how blockchain-powered platforms like Hyperledger Fabric are enabling solutions for food traceability systems. A case in point is the food giant Walmart’s move to develop a food traceability system using Hyperledger Fabric.
We usually don’t think much about our safety when consuming food. It is because today’s food system is quite modernized. It gives us access to fresh produce all year round. We can buy exotic foods from around the globe. We have a wide range of food variety available than our ancestors could have had.
Crypto wallets ensure that users’ cryptocurrencies are safe from threats and hacks while enabling them to exchange securely across the globe. They are making online payment systems easier than ever before. Considering this fact, the demand for blockchain-based crypto wallets development is continuously rising.
Healthcare professionals and medical providers in fields including global public health, pharmacology, medicine, and health data are recognizing the advantages of using Ethereum blockchain and its smart contract capabilities. Ethereum blockchain development and smart contract solutions can significantly streamline and secure healthcare data management, enable drug traceability, automate operations, and more.
Providing access to smooth and efficient financial support can prove to be a key factor in alleviating poverty. In the present time, there’s still an alarmingly high percentage of unbanked individuals in the world due to various political and socioeconomic factors. However, cryptocurrency exchange platforms and cryptocurrency development services can address these problems.
Thanks to emerging technologies like artificial intelligence (AI), Blockchain, and IoT, all participants in a healthcare network can benefit from cost-reductions, transparency, and efficiency. Visit for more information- Blockchain Healthcare Application Development
Ethereum is apparently becoming one of the leading blockchains among enterprises. For instance, as per Forbes’s report, more than 50% of firms included in the “Blockchain 50: Billion Dollar Babies” list are using Ethereum blockchain to build applications on top of it. The following are a few key reasons these enterprises are opting for Ethereum blockchain development
Entering the fintech market is challenging, but it can also be a game-changer. Read how peer-to-peer mobile payment systems are proving to be a revolution.
There are numerous ways cryptocurrency and blockchain solutions can revolutionize various aspects of our lives as well as today’s businesses, Find out here.
Interestingly, blockchain and cryptocurrencies’ potential extends beyond the applications in the financial services industry. Now, both have numerous use cases in diverse industries apart from cryptocurrency exchange development. Here are some of them, which may surprise you as well.
While the adoption of blockchain solutions in the healthcare industry is still in infancy, our team of blockchain experts suggests revolutionary improvements in the coming years, especially in clinical trials. Blockchain for Healthcare in clinical trials is providing new efficient solutions to enhance optimize and simplify complex processes.
When we talk about the cryptocurrency exchange industry, the efforts to achieve global adoption are commendable. However, an alarming issue with them is the scarcity of enough liquidity. Not all cryptocurrency exchange platforms experience a high user count
Interestingly, blockchain and cryptocurrencies’ potential extends beyond the applications in the financial services industry. Now, both have numerous use cases in diverse industries apart from cryptocurrency exchange development. Here are some of them, which may surprise you as well.
a blockchain smart contract solution can potentially enable these businesses to remove intermediaries from the transactions and automate conventional, manual processes.
Cryptocurrencies can address various challenges that those countries deal with by enabling individuals a bank account access, smooth fund transfer across borders, and fractionalized digital payments. Enhancing access to financial services with blockchain and cryptocurrency exchange solutions can drive the developing economies upward by providing greater transparency in transactions.