Support and resistance
Support cushions price falls, provoking rebounds. Resistance caps highs, provoking corrections in price movements.
Support cushions price falls, provoking rebounds. Resistance caps highs, provoking corrections in price movements.
Ronaldo's lawsuit over Binance promotion reveals the complex interplay of celebrity endorsements and accountability in cryptocurrency.
In a historic leap towards a brighter future, Nigeria has taken a monumental stride by releasing its National Blockchain Policy and inaugurated a 29-member implementation and steering committee.
The abrupt removal...
In an era where...
Understanding what an escrow mean; it is a financial arrangement where a third party holds and regulates payment of the funds required for two parties involved in a given transaction. Simply say; an escrow is a neutral third party that protects the integrity of the transaction.
Escrow helps make transactions more secure by keeping the payment in a secure escrow account to make sure that all conditions of the agreement between a buyer and a seller are met as overseen by the escrow company, and that all monies are paid to the appropriate parties at the appropriate times.
In blockchain all blocks are linked together chronologically and are encrypted, which means the information is securely stored. Being that it is secured and immutable it encourages users to join in on a network and collaborate, which reduces fraud and confusion during communication. This means that escrow on a blockchain is a lot safer and more effective. Hence, it creates open commerce where anyone can transact and trade with anyone across the world while having the funds held on a decentralized system until the conditions of the agreement between the two parties are met.
With blockchain, some of the problems associated with escrow can be eliminated, problems such as;
Though it might seem possible that there are several issues with an escrow but with blockchain technology, they can be avoided or rather eliminated.
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