Magnus Sandqvist, Author at Toshi Times

Magnus Sandqvist

Blockchain Technology’s Impact On Gaming

Today, games is a serious business and not just some adolescent pastime. Currently, online gaming is a $95 billion industry, with about 2 billion people enjoying the entertainment it provides. Lately, the online gaming industry has seen blockchain present various ways in which it could impact what is an already booming trade, bringing improved security and opportunities for gamers that are currently made difficult. Let’s take a closer look at…

What is Bitcoin – A Brief Guide for Newbies

What is Bitcoin – Guide for Beginners

Bitcoin has gathered so much interest and enthusiasm since it came into the financial scene nine years ago. Over the years, the opportunity and potentials in the market has continued to increase in bounds. As a matter of fact, positive conversation that Bitcoin has generated since its inception has been massive. Many people have bought into it and have become millionaires within a short time. Unfortunately, not many people really…

Mastercard Investigates The Use of Blockchain to Combat Fake Identities

The multinational finance behemoth is reportedly considering using blockchain technology in order to prevent fraudulent identity usage. This comes following a patent application released last Thursday. This is not the first blockchain-related patent that Mastercard has submitted, and it comes on the heels of last week’s announcement that the credit card company is looking to hire blockchain specialists to its Ireland office. The latest patent application released by the US…

Bitcoin Miner Blames Trading Crackdown in China after Being Shot by Local Gangsters

Things turned sour for one Taiwanese bitcoin miner who has been involved in an altercation with local gangsters. According to a local news outlet Liberty Times, the incident occurred on Saturday night when the two suspects scheduled a meeting with the miner with whom they made a significant investment. After having previously accepted ¥10m (roughly $1.7m) from the two suspects, reportedly surnamed Li and Gao, the miner who goes by…