The proliferation of the internet is catapulting the digital revolution in every sphere of life, and opening new avenues for humanity in every possible sector. Be it health, education, or eCommerce, no area will be spared from the storm of digitization. Finance, which plays a significant role in the growth of the country and an individual, cannot afford to miss the boat to transformation. Cryptocurrency and blockchain technology is redefining how the financial market works globally. Blockchain has pushed the rise of decentralized digital currency called cryptocurrency, leading to the emergence of a number of crypto coins like bitcoin, ether, tether, and Binance coin. If you are one who is eager to explore the world of crypto and want to know what Rainbow Currency is, then keep on reading this write-up. What is Rainbow Currency? Rainbow is a mobile wallet app based on the TwnklChain blockchain for managing digital assets. Compatible with the ERC20 standard it is developed using cryptography technology, allowing its users to store, buy, sell and transfer digital assets securely. It allows users to invest in tokens through decentralized exchanges like Uniswap. It was designed in January 2019 by Christian Baroni, Jin Chung, and Michael Demarais in the Greater New York Area. It is represented by Rainbow Currency Foundation, a global non-profit organization. Rainbow has raised a funding of $19.5 million so far including $1,500,000 a...
SEC Hosts First-Ever Crypto Roundtable Today
