On December 13th, the U.S. Federal Reserve raised the interest rates by a quarter point to 1.25 – 1.50 percent, marking an end to a year that’s seen three rate hikes already. This is a common occurrence, and central banks the world over adjust interest rates in order to affect the money supply. Depending on what the economic situation calls for, the interest rate may be raised, ...
What is Blockchain and How Does It Work?
With digital currencies such as Bitcoin becoming household names due to their astronomic rise in value and public proliferation, the technology that gives the famous cryptocurrency its trademark decentralised encryption, accountability and global scale is also entering the limelight. Blockchain, the underlying foundation behind Bitcoin, is garnering increased interest from the ...
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