2 yr. ago
1/2
CRYPTO NEWS
Car Titles To Be Issued As NFTs Is In Testing Phase Throughout California
California’s Department of Motor Vehicles will test the Tezos network for the digitization of car titles as NFTs. The agency may also release a consumer application after successful testing.
The venture comes from a collaboration between the DMV, Tezos, and crypto software development company Oxhead Alpha. The DMC is the state agency that registers automobiles (including boats) and is responsible for issuing driving licenses.
#maraverse
CRYPTO NEWS
Car Titles To Be Issued As NFTs Is In Testing Phase Throughout California
California’s Department of Motor Vehicles will test the Tezos network for the digitization of car titles as NFTs. The agency may also release a consumer application after successful testing.
The venture comes from a collaboration between the DMV, Tezos, and crypto software development company Oxhead Alpha. The DMC is the state agency that registers automobiles (including boats) and is responsible for issuing driving licenses.
#maraverse
2 yr. ago
Black Swan Event
A Black Swan Event kk is an event in the financial market of fundamental value, the only problem here is that the effect of such events take an opposite effect.
In such cases, an event which should cause a rally in price instead causes a dip, and vice versa. Such events includes geopolitical turmoil.
An example is the effect of Russia's invasion of Ukraine on the price of Bitcoin. Many traders expected a rally in price upon invasion, but instead, the price dipped to the shock of most traders (including CZ Binance)
#maraverse
A Black Swan Event kk is an event in the financial market of fundamental value, the only problem here is that the effect of such events take an opposite effect.
In such cases, an event which should cause a rally in price instead causes a dip, and vice versa. Such events includes geopolitical turmoil.
An example is the effect of Russia's invasion of Ukraine on the price of Bitcoin. Many traders expected a rally in price upon invasion, but instead, the price dipped to the shock of most traders (including CZ Binance)
#maraverse
2 yr. ago
(IGBO)
Double spending
One of the drawbacks of fiat-based transactions is that someone can buy something, steal the money used to buy it, and use it.Under the current Fiat system,it is possible.
In the crypto space,this happens when the same cryptocurrency is used to make multiple purchases.For example,using one 2ETH to buy some bitcoins,some Litecoins.
Ideally,once crypto is sent or spent,you should have a balance. And, when that is not the case, and you still use the exact sum,that is the case of two budgets.This usually happens when there is a 51 percent or ethnic conflict.
#maraverse
Double spending
One of the drawbacks of fiat-based transactions is that someone can buy something, steal the money used to buy it, and use it.Under the current Fiat system,it is possible.
In the crypto space,this happens when the same cryptocurrency is used to make multiple purchases.For example,using one 2ETH to buy some bitcoins,some Litecoins.
Ideally,once crypto is sent or spent,you should have a balance. And, when that is not the case, and you still use the exact sum,that is the case of two budgets.This usually happens when there is a 51 percent or ethnic conflict.
#maraverse
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2 yr. ago
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