NFC is quickly becoming the preferred short-range communication platform. It’s available in most smartphones manufactured during the last few years and used widely in various applications, including the world of cryptocurrency. NFC is short for near field communication and works by transmitting data over a short range. Think of it as a wireless connection between two devices, with one usually sending information and the other receiving it. How Do People Use NFC? To Establish a Secure Connection on Cryptocurrency Transfers NFC is naturally a complement to digital assets like Bitcoin and cryptocurrency in general. Its short form communication method can…
Author: Cristina Macias
NFC technology has recently gotten a refresh with the introduction of new devices such as the AirTags, crypto wallet cards and contactless payment solutions. NFC and You NFC stands for near field communications and offers short-range device transfers. The usual setup is that one is transmitting the data while the other is waiting to receive it. There are a lot of devices that use NFC technology, with mobile phones being the most common. NFC can be classified under active or passive. Passive forms of NFC include tags and are usually standalone material that do not require a power source or…
You may not know it but you may have already used NFC on your smartphone. But what is near field communication, and how is it used in Bitcoin and technology? NFC Definition and Use NFC stands for near field communication and is a protocol used to transmit data to a compatible device. Perhaps the most practical application of NFC is when you use your smartphone to make a contactless payment thru Apple Pay or Google Pay. The process goes on like this- you open the payment app, tap on ‘pay amount’ and hold it near the store’s terminal. They communicate…
If you’ve ever taken some sort of interest in Bitcoin then you’ll probably want to know about Bitcoin wallets too. They’re devices that can keep your digital asset safe and allow you to transfer Bitcoin and cryptocurrencies as needed. Did you know that there are several kinds of Bitcoin wallets? Here is a short guide to them. What is a Bitcoin Wallet? A Bitcoin wallet is exactly what it says- a program or device that can hold and interact with the Bitcoin or cryptocurrency network, which is usually Blockchain. These wallets ‘control’ your digital asset by way of cryptography. Each…
NFC wallet cards are a relatively new invention created for crypto enthusiasts and investors. But what is it, and what are its benefits compared to digital wallets that came before it? What is an NFC Wallet Card for Cryptocurrency? Cryptocurrencies are digital assets, and people often put them in specially made ‘wallets’ designed to hold them for safekeeping and safety purposes. A wallet card with NFC offers convenience to investors and cryptocurrency holders since it can store Bitcoin, and allow for quick transfer and shares. The NFC technology, or near field communication takes care of the authentication process and is…
Blockchain was first introduced to the world as the technological backbone of Bitcoin and other cryptocurrencies. However, it has long since outgrown the industry and is now used in many applications. One of the most interesting uses of Blockchain is when it’s paired with RFID and NFC, which really opens up its potential. Let’s take a look at the possibilities below. Blockchain Technology Blockchain is the underlying platform or network where ‘blocks of data’ are stored. Innately, each block has its own unique identifier, and in cryptocurrency it serves to represent a transaction. A block of data contains the history…
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Delta-8 is a product derived from CBD from the hemp plant, but which through chemical processes is converted into THC. It’s very popular now, provided by many online Cannabis stores, such as Delta Extrax. The president of Puerto Rico Legal Marijuana (PRLM), Goodwin Aldarondo, warned about the presence on the island of cannabis products with the Delta-8 THC component and demanded urgent action from the government to establish restrictions on the sale of said products. This, given the risk that the acquisition of products without a license can present for consumers, without being subjected to tests and obtained in the…
What Is Unity Game Development Technology There has been a significant advancement in the gaming industry globally in terms of network, graphics, technology, and real-time performance. Many new players entered the market of game development taking the game design and performance to the next level. Unity is the game development engine that stands out among the rest. So let’s take a more comprehensive look at what Unity is. Unity is a cross-platform game development engine presented by Unity Technologies in 2005. Currently, the engine lets developers create games running on more than 25 different platforms. The Unity editor is supported…
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