Category: Blockchain Technology

Bitcoin & Blockchain 1 Comment

Bitcoin & Blockchain has caused a commotion in the banking world. It is only right to give discusses the prospects of blockchains and bitcoin with retrospect to Pakistani markets. So what is blockchain? While I was thinking of answering this question, I figured its important to define bitcoin first but then I realized that its important to touch this matter first so people get a better...


Pakcoin

Pakcoin Local Banking Redefined No Comments

Pakcoin Interviewing the first vision of Pakcoin was where NewsBTC Pakistan came into existence. Pakcoin is a bitcoin like currency that is forked from litecoin source, hence its based on scrypt algorithm. The idea presented at the time was that there was transparency required in the current money printing/distribution system by the Central Bank.  Printing of money usually causes elevation o...


btc_flag

Pakistan Land Primed For Bitcoin No Comments

Pakistan: A country with the 6th largest population in the world, has suffered due to bad decisions at the leadership level. With the country now facing a tough task to return a loan of about $50 billion in 2016 with 46% to be paid in USD is facing a default like situation. We take lots of things granted. Banking is no exception. People just know it works and it should work. I believe this...



cards_btc

Bitcoin NFC Card 20 Comments

NewsBTC Pakistan is proud to introduce the bitcoin NFC Wallet Card NFC: To understand the purpose of this card we need to first understand NFC. According to Wikipedia Near field communication (NFC) means near field communication or radio communication over short distances, but has come to be used in most cases for a specific set of protocols that enable two electronic devices, one of which...


bitcoin-gold1

The Idea That Is Bitcoin 1 Comment

  While covered many times, the recent turn of events at NewsBTC Pakistan has enticed me to write another article on what, why and how to bitcoin. The things that led up to this decision had to with so entry of  new people, who are trying to use bitcoin as a payment gateway.  The reason to this recent increased traffic especially from Faisalabad, Pakistan is the reason that a PTC Sit...


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