By

Kim Ryu Hyun
20
Jun

Issues and Challenges Stablecoins Are Confronted With

Cryptocurrencies have had their fair share of ups and downs over the last few years. Extreme volatility in pricing, scams and financial institutions limiting the ability of cryptocurrency firms to operate in the market. One such negative of digital currencies is one of the main reasons that stablecoins were created in the first place and...
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18
Jun

Can Cryptocurrency Transactions Be Cheaper Than Credit Cards?

Each day, millions of consumers make purchases by swiping their credit cards at checkout. It’s a ubiquitous part of the modern purchasing experience, making the cash-searching customer look outdated when they use paper money at the register. This process is so fast, simple, and convenient that it’s easy to forget that it’s relatively novel and...
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22
May

Bitcoin is Popular, But It Won’t Transform Payments Any Time Soon

After months of relative dormancy, Bitcoin is having a big month. After hovering around $4,000 for most of 2019, this spring has brought a thaw to a year-long crypto winter that has kept prices constrained. First, the digital currency broached the $6,000 price point, a critical resistance level for ultimately higher valuations. The token even...
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14
May

Can Cryptocurrencies Help Companies Avoid Currency Manipulation?

By virtually every metric, the global economy is humming. Worldwide unemployment is at its lowest point in a decade, wages are beginning to rise after years of stagnation, and companies of all sizes are benefiting from the international marketplace made possible by the digital age. However, if you don’t feel like we are in one...
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05
May

How to Solve the Inefficiencies of Stablecoins

One of the biggest pitfalls that affect the popularity and adoption of cryptocurrencies is the fact that their value is extremely volatile and can change at any given moment. This uncertainty puts off a lot of potential investors into cryptocurrency and limits their adoption as an alternative to money. Some startups have tried offering “stablecoins”...
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27
Dec

The Xank Constitution: Embedding Meritocratic Values into a Decentralized Network

In previous posts, we discussed Xank’s meritocratic governance and how consent is necessary when growing a decentralized network that is based on voluntary participation.
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05
Dec

Xank Governance: Inspired by Bridgewater’s Meritocracy System

Since Bitcoin’s creation, cryptocurrency governance has been a hotly contested issue. Governance is an inherent component of every network, be it a school lunch committee or Segwit implementation.
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09
Nov

Breaking Down Xank’s Proof-of-Stake Consensus Algorithm

The principle guiding philosophy of Xank is that of meritocratic governance. To achieve this in cryptocurrency relevant terms, network consensus is created by engaging the network’s ‘most able and most willing.’
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09
Nov

Xank Makes Waves at First Global Stablecoin Conference in London

The Xank team are delighted to have attended at the First Stablecoin Conference, held at the illustrious Reform Club of London (October 25, 2018).
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15
Oct

The Xank Reserve: An Autonomous Self-Funding Stabilizing Mechanism

Establishing a currency price peg to any underlying asset traditionally involved holding a reserve of the underlying asset.
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14
Sep

Xank Use Cases: Funding Innovation and Worthwhile Causes

So far in this blog series, we examined the workings of the Xank cryptocurrency and how it can exert stability to this ecosystem by virtue of its stablecoin functionality.
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08
Aug

Stablecoin Benefits for Cryptocurrency Exchanges and Merchants

A cryptocurrency achieving stablecoin functionality can not only have a wide-ranging impact on the cryptocurrency and digital currency ecosystem, but it can also have a positive impact on the broader financial system.
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25
Jul

Xank Stable Pay: Achieving Stablecoin Functionality On-Demand

Cryptocurrencies are inherently priced unstable due to the market interactions of supply and demand.
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13
Jul

Inherent Stablecoin Challenges That Xank Is Set To Overcome

The stablecoin concept came about as a way to mitigate against the price volatility that most cryptocurrencies face which has ultimately hindered their adoption.
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02
Jul

Xank Becomes WeWork Labs Startup

WeWork Labs is the startup accelerator arm of WeWork, a platform for creators that transforms buildings into dynamic environments for creativity, focus, and collaboration.
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01
Jun

Start Law Joins Xank Advisory Group

You will be hard-pressed to find a truer startup-friendly law firm in South Korea than Start Law.
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01
Jan

Taguchi Yoshitaka Joins Xank Advisory Group

Today, we want to introduce Mr. Taguchi Yoshitaka, or Taguchi San as we like to call him.
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09
Oct

Xank Becomes Amadeus Next Startup

Amadeus mentors, nurtures and partners with startups in the Asia Pacific to take them to the Next level on their journey to scale into awesome companies.
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