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IMF survey results: cryptocurrency will become the main payment instrument in 5 years

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The head of the International Monetary Fund told how the financial world will change in the near future.

The International Monetary Fund, on its official page on the social network Twitter, conducted a poll, asking the question: "How do you plan to pay for your lunch in a cafe in five years?"

The survey involved 37660 unique Twitter users, of which 56% said that cryptocurrency will be the means of payment. Cash was chosen by only 8%, and the success of bank cards, whether debit or credit, is small — only 9% of those who participated in the study intend to pay.

The fact that such a result is not accidental was indirectly confirmed by the head of the IMF, Christine Lagarde: the organization apparently decided to be convinced of this situation, having obtained data from other sociological studies.

On the day when the IMF poll was launched on Twitter, Lagarde spoke on the American television channel CNBC, where she predicted a bleak future for the world's banking system. According to her, such serious changes are coming when “a huge mass of cryptocurrencies and tokens” will perform the functions that are characteristic of credit organizations. The “withering away” of bank cards, as the survey showed, fits into this trend.

At the same time, Lagarde believes that the JPMorgan experiment with the launch of JPM Coin’s own stablecombing will be very successful, and in itself it indicates that banks have gradually integrated their activities with the cryptocurrency world. Meanwhile, in the cryptocurrency community there are those who believe that such a digital asset may have nothing to do with the blockchain at all , so it becomes impossible to consider it a cryptocurrency.

However, Lagarde believes, in contrast to JPMorgan head Jamie Dimon, that JPM Coin will develop more among institutional players than go "to the people", which Dimon hopes.

Publication date 14/04/2019
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JPMorgan will start testing its stablemobile JPM Coin by the end of 2019

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JPMorgan Chase, the largest US banking institution, is preparing to begin testing its stemblecoin JPM Coin by the end of this year.

Umar Farouk, the head of blockchain development at the bank, spoke about the company's intention to initiate a pilot testing of steyblcoin with certain customers at the end of this year. This will be possible when the relevant regulators give the nod to it. Farooq said the company is watching the increase in interest from its international clients to the benefits that JPM Coin has to offer. Recall that the details of the project JPM Coin were disclosed in mid-February 2019.

Interestingly, JPMorgan Chase customers from the United States, Europe, and Japan expressed interest in exploring the capabilities of JPM Coin technology in speeding up transactions related to securities and stocks. Farooq noted that banking steablcoin technology really has the potential to realize the ability to instantly transfer shares through the blockchain. Faruk also drew attention to the fact that the bank is positively tuned to the use of tokenized and digital securities – in 5-20 years certain stocks will be represented in digital form.

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In Russia, you can allow the legal use of steblokoinov

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In Russia, you can allow the legal use of steyblkoinov

5 (100%) 1

In the State Duma allow the legal use of steyblkoinov in the Russian market. This was announced on June 24 during a press conference by the chairman of the lower chamber committee on the financial market, Anatoly Aksakov.

In particular, the legislator reported:

“As regards stablcoins, in principle, according to the formulations that are spelled out in the draft document prepared for the second reading, their use is possible. And we prescribed just at the request of the business. In the initial version of this was not. Then there was the appeal of the business. And we tried to prescribe so that this tool could be used, involved. "

According to Aksakov, the Central Bank of the Russian Federation also does not see any obstacles to the use of steyblcoins.

Recall that today the head of the State Duma Committee on the Financial Market also announced that the deputies will try to adopt a package of bills on regulating relations in the cryptocurrency industry by the end of July 2019.

Publication date 25.06.2019
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Review of cryptocurrency blockchain-casino FairPlay – registration, bonuses, reviews

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Review cryptocurrency blockchain-casino FairPlay – registration, bonuses, reviews

5 (100%) 24

FairPlay is the world's first licensed cryptocurrency casino with embedded integrity control on blockchain technology . The best games of the most popular genres are available for players – slots, roulette, card games and lotteries.

A distinctive feature of the project is the transparency of the game itself, carried out using the blockchain, quick deposits and instant payments. The number of games is more than 300 and is constantly updated.

To play on the Fairplay platform, the TPLAY token is used to conduct all settlements within the online casino. This token can be purchased for Bitcoin (BTC) or Ethereum (ETH) cryptocurrency.

Software. TruePlay Security

Fairplay is the first project implemented on the basis of TruePlay technology. The uniqueness of the product lies in the deep integration of the blockchain, in particular in the integrity control system.

Players can check the operation of the random number generator at any time, in which it is impossible to intervene from outside. Game content, of course, is optimized for mobile devices and tablets.

It is important to note that Fairplay provides its players with exclusively licensed content from the world's best game providers. The project operates under the auspices of the Kahnawake Gaming Commission.

Registration and starting bonuses

The first thing that catches your eye when entering the FairPlay website is an intuitive and user-friendly interface. The casino is not cluttered with meaningless and not informative banners or advertising of other projects. Each section of the site is accompanied by the most accessible descriptions of casino functionality.

On the Fairplay platform, simple registration is not time-consuming, and there is also the possibility of a free game for review. Also TPLAY – the casino's internal currency – is a convenient token, which stores a huge amount of information related to the control of honesty and the life cycle of players.

At Fairplay casino, registration on the site allows you to receive a welcome no deposit bonus in the form of 30 free spins. To receive the bonus, it is enough to create a single account in FairPlay / TruePlay, indicating the phone number and the current E-mail. Next you need to wait for the call operator. After confirming the data, the no deposit bonus will be activated.

The first four deposits will allow you to receive a deposit bonus at Fairplay casino:

  • On the first deposit, the bonus amount will be up to 100% of the deposit amount plus 30 free spins.
  • On the second deposit bonus up to 75% plus 30 free spins.
  • On the third deposit – up to 75% bonus plus 30 free spins.
  • On the fourth deposit – bonus up to 200% plus 50 free spins.

For deposit bonuses, a wager is x20. Bonus validity period is 5 days. Also in the section with bonuses can be found on the website Fairplay casino Promo Code, for which additional gifts are available. The casino site allows you to receive additional income from participation in the affiliate program.

Available games

In the "game room" casino FairPlay when choosing a gambling entertainment is convenient to navigate by category:

  • All games.
  • Slots – slot machines of different genres and with different percentages of payments.
  • Roulettes – various variations, including American, European, VIP and others.
  • Card – baccarat, blackjack and poker in various variations.
  • Video poker – 33 models of gaming machines with poker.
  • Lotteries – instant draws and other types of lotteries.

In addition to sorting games by these categories, you can search by game name and sort by manufacturers. The following providers act as providers of software on the casino site:

  • NetEnt.
  • Microgaming
  • Spinomenal.
  • iSoftBet.
  • Play'n GO.
  • Playson.
  • Betsoft.

Only people over 18 can play for money. Online slots have a training mode that allows you to play for free. However, for this you still have to register on the game portal. Also there are games with live dealers!

Does the casino fairplay bonus system?

Fairplay offers two types of bonuses to its players – one-time and periodical.

By one-time include :

  • First registration bonus: 100 TPLAY to the account
  • First Deposit Bonus: Up to 100% of the amount deposited by the player
  • Bonus of the first four deposits: increasing, up to 200% of the amount

Periodic (usually twice a week) promotions and offers :

  • Cashback – 10% or more
  • Free Spins – up to 200 free attempts
  • From 50% to 175% of bonus accruals on deposits, starting with the fifth

How to check casino honesty?

Usually, third parties are invited for inspections, people or legal entities for whom their own reputation is important. The casino went further, having connected to the TruePlay platform, which uses blockchain technology to guarantee fair gaming and fair calculations, you want to know more, read the review of casino volcano bet.

It works like this:

  • A person starts a game, the data on which (moves, bets, combinations, etc.) are recorded in blocks during the game.
  • These blocks are copied by random users of the system and stored on their personal PCs, and the users themselves do not even know what kind of data these are – betting results, casino balance, chances of winning the game or something else.
  • If someone wants to make changes to this data, he will need the consent of all holders of a copy of the necessary base.
  • The player can at any time check the data of the game session on third-party resources to make sure that they do not change.

What is TPLAY?

TPLAY Tokens is a special currency of casinos operating in the TruePlay system. Players do not bet in money, but in tokens – electronic casino “chips”. The transfer of the deposit to TPLAY is done automatically after the player is registered in FairPlay / TruePlay.

It is important to note that the player is registered at the casino partner. This was done so that in the future a player could use his account to play in other casinos cooperating with the service. Single account – a single personal account, a single currency for payments.

How to withdraw funds?

Withdrawals are carried out on the same wallet from which the deposit was made. Money transfer to TPLAY and back occurs automatically, which simplifies the withdrawal procedure. Now output is available only in Bitcoin, Ethereum and Skrill payment system. But in the near future, TruePlay promises to connect also other EPS and cryptocurrencies.

Withdrawals are made during the working day, although more often it takes a few minutes.

Anonymity and security

Given that the turnover of funds in a casino is cryptocurrency, and you can get a crypt anonymously, yes, the game in such a casino is safe. The registration data of the player is also protected – the casino does not trade the base of its subscribers. Malicious software is also missing.

Is the casino available on both the PC and the phone? mobile version

Yes. The site works correctly in all popular browsers on the PC and is correctly displayed on modern smartphones and mobile devices of recent years. For rest in your favorite game you do not need additional applications, everything works directly from the browser.

User Reviews and Opinions

The list of platform features based on user reviews:

  • The site is fast, advertising is not overloaded, the design is nice, UI convenient.
  • Works equally well on PCs and mobile devices.
  • Background information is written “for people”, and technical support knows its business.
  • Regular bonuses.
  • The project is supported by well-known gaming providers.
  • Large selection of games.
  • The site is developing, new providers and deposit methods are connected to it.
  • Operational withdrawal of funds to the player’s wallet.
  • The ability to make a minimum bet.
  • Blockchain provides anonymity of the player, fairness of the game and a guarantee of payments.
  • TruePlay technology is unique, which immediately attracted interest from gambling and cryptocurrency media, including Forbes magazine.

Publication date 25.06.2019
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Name Price24H (%)
Bitcoin (BTC)
$11,349.00
2.36%
Ethereum (ETH)
$310.02
-0.62%
XRP (XRP)
$0.468841
0.92%
Bitcoin Cash (BCH)
$471.04
-0.83%
EOS (EOS)
$7.00
-3.34%
Stellar (XLM)
$0.124388
-2.94%
Litecoin (LTC)
$132.59
-2.05%
Cardano (ADA)
$0.095980
-0.99%
Tether (USDT)
$1.00
-0.24%
Monero (XMR)
$113.08
-5.32%
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