10+ Cryptocurrency Fraud and Scams You Need to Pay Attention to

Cryptocurrency is not exactly a contraction that has just been born; The idea of ​​a decentralized digital resource was conceived in the late 1980s by David Chaum, the American cryptographer whose work sparked the information revolution that provoked Bitcoin, Blockchain, Altcoin and a whole new way of consider monetary transactions. .

But cryptocurrency fraud is one of the imminent dangers of this new digital opportunity. In this way, you can make sure that you do not fall into the trap.

The birth of Bitcoin
Ecash, the first form of cryptocurrency and Chaum's original idea, was launched in 1983 to replace paper money. Digicash, the company that regulates this new "non-physical" monetary activity, has raised more than $ 10 million in ten years.

The idea was good and the idea of ​​losing traditional money seduced the general public. And in 2009, a group called Satoshi Nakamoto launched Bitcoin, which was unanimously considered the first (and real) decentralized digital currency.

With the advent of a new era of digital currencies not dependent on banks, many Bitcoin alternatives have been launched. They are called Altcoin and more than 4,000 are currently used.

Live the dream, right? Well, it's not my intention to throw a black cloud over this new world, but whatever the money involved, there must be someone trying to make a bamboo goose.

Cryptocurrency fraud, a hot topic, has taken root and hundreds of thousands of people are being scammed every day. Not exactly the latest news, but the folds have become so complicated that it is increasingly difficult to distinguish the false from the legitimate.

That's why this handy little guide will explain the wonderful world of cryptographic scams and tell you how to avoid them. Let's start with an overview of the most (non) ordinary scams.
Cryptocurrency scams
In general, you should never accept cryptocurrency transactions with companies or startups that are not based on a blockchain. In simple terms, this means that all transaction data can be monitored and evaluated.

In addition, before you start a business or another, you may want to check their credentials - look for business-as-usual indicators such as compliance with the rules for the initial supply of parts and the liquidity of digital currencies .

It's at a glance. So we dive into the most common and the most unusual cryptocurrency scam. Have fun (or not) .

7 technical trends to watch in 2020

This year, it has already ushered in a wave of technological innovations, ranging from the rise of social robots and personal assistants to the Amazon Prime delivery bet for a day, and the proliferation of voice searches. Only the latter has become a $ 1.8 billion retail segment in the United States in 2017 and is expected to grow to about $ 40 billion by 2022. Amazon Prime's ability to prioritize its supply chain and receiving parcels within 24 hours shocked the online retail world. This year also, chatbots have been implemented on a large scale and are generally well received by customers who would otherwise have to call or send forms. But we are more than halfway through 2019, so it's time to ask: what major technological changes will affect how we live and work in 2020?

1. Mobile commerce
Mobile commerce has been spreading in our lives for a while. People have become accustomed to shopping on their phones through intuitive apps and mobile-optimized websites, but the ability to pay for products in physical stores with Apple Pay and Google Wallet will certainly change our world. If you want to get an idea of ??what life will be like in a world without money and cards, fly to a big Chinese city. Using Alipay and WeChat to pay for almost everything has made life easier for many, and the modest QR code is back in fashion, also used by panhandlers. However, you can expect problems with the phone's battery life to cause a new set of problems.

2. 5G network
Perhaps you have started using WiFi 5G and have you benefited from the speed of light directly from our mobile networks. You can expect more in the future. Although there are seemingly unfounded concerns about what 5G can do for our body, the tidal wave continues to roll. Higher bandwidth provides higher Internet speeds with a simpler configuration process. If that is not enough, 5G networks will also facilitate the use of UAVs and driverless cars, enabling them to communicate quickly with other smart vehicles in the region, an essential element for futuristic and smart cities.

Related: 5 business trends that will continue to increase in 2019

3. Prescription analyzes
Prescriptive analysis has been a holy grail since data analysis products began to spread. Until now, the analysis tools have focused mainly on descriptive and predictive applications. This means that they can better organize and represent historical data in order to "better understand the changes that have occurred" and use this data to predict future events and behaviors.

The prescribed use is where the tool in question provides options to take advantage of the results of a descriptive and predictive analysis. If this sounds like a predictive analysis, you will not be mistaken and the precise definition is debated. However, the requirements analysis has already seen applications in the oil and gas industry and in health care. By 2020, limited prescribing functions may begin to slip into more widely accepted analytical tools.

4. AI as a service
The combination of the SaaS business model with artificial intelligence services could help bring artificial intelligence to the masses without a high price. Although advances in artificial intelligence are progressing in some areas and lagging behind in others (such as voice recognition), there are already some platforms for artificial intelligence providers offering services such as voice recognition. GPU workloads at high speed and Google, Amazon, Microsoft and other large companies. already offer solutions for learning machines and training materials. Proliferation in this sector and the shift to more specific AI tasks offered by subscription should be a development in 2020.

5. Average technological growth of the market
When we talk about growth or decline in the technology sector, we often tend to talk to the biggest tech companies. What changes is the level of interest for medium-sized companies and their growth potential. As investors learn to own, operate and invest in emerging technologies