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Top 5 sectors that will be benefited by Blockchain



Blockchain your way to the future

If your business has not gone digital or you haven’t heard of Blockchain technology, you are probably living under a rock that has not yet been hit by the storm. Blockchain is one of the most disruptive technologies today, which has the potential to change our lives for better. With any new technology, there are insecurities among people, and early adopters are to benefit here. This benefit is because they know more about the technology and can leverage this to catapult their business to unprecedented success.

Bitcoin was the word that put Blockchain on the lips of the common man. As you might know, Bitcoin is a cryptocurrency, a digital currency which is not controlled centrally, because everyone collectively controls it. Because it is not controlled by any government and chances of duplicity and fraud happening in a bitcoin transaction was mere to none. The cryptocurrency gained huge momentum, and its value was once pegged at $1000. But, more interesting than Bitcoin is the technology behind it, Blockchain.

In the Blockchain technology, a ledger records all the transactions between all stakeholders. The benefit of Blockchain technology is that the ledger is permanent (cannot be altered or deleted or overwritten), open (anyone in the system can view it) and distributed (every computer in the network has a copy of the ledger). For example- In bitcoin, whenever someone transfers 100 bitcoins to your account, the ledger which is maintaining the bitcoin transactions between the two of you would be automatically updated in a decentralized bitcoin transaction chain, with a time-stamp.

The remaining balance of bitcoins in both of your accounts would also be updated simultaneously, and all these transactions are verified by thousands of bitcoin “miners” spread across the world.

The bitcoin mining software which is installed into these mining computers verifies a “private” key which is a secret set of 64 characters, numbers and symbols which is sent by both the sending and receiving wallets. The private key is not visible to anyone and is securely stored in the bitcoin wallet of the user.

Once verified the mining software adds “blocks” containing the details of the transaction to the ledger. Thus, an entire chain of time-stamped blocks is created, and no-one can delete it. Apart from this, no user can add consecutive blocks to the ledger, and this blocks another point of rigging the system. Blockchain Development Agency is helping hundreds of startups to experiment with the Blockchain technology, ranging from government records, bank transactions to health records.

Let us explore the various areas where Blockchain has the potential to change our future for good.

Banking and Finance Sector

Big banks like JP Morgan Chase, Citigroup, Barclays, Wells Fargo are slowly but surely waking up to the power of Blockchain technology. They are future-proofing themselves by investing millions of dollars in developing their Blockchain-based systems. JP Morgan Chase has developed a new Blockchain-based system which would speed up the transaction times by reducing the number of parties involved in verifying a transaction. The Intercontinental Exchange, a company which owns the world-famous New York Stock Exchange, has invested in Blockchain technology. The Blockchain technology can prove to be a boon for the Banking and financial sector, as it gives an impregnable level of security and a high level of transparency in financial transactions.

Financial institutions are mulling over adopting Blockchain for updating the KYC details of the customer. As the record in a Blockchain system is transparent and irreversible, uploading KYC details in a shared ledger through which an independent verification of KYC documents once done by one bank can be accessed by other banks, thus eliminating the need for re-verification of KYC documents.


Logistics and transportation is another potential area which stands to benefit from Blockchain technology. There is a major communication problem in the international logistics industry with multiple stakeholders like carriers, forwarders, agents, terminals, haulers, shippers, customs officials involved in the process. It is a headache to keep track of the package without the intervention of computers. The application of Blockchain in the documentation process of shipping and logistics can help in increasing efficiency and in reducing the costs. Companies like Everledger are changing the paradigms of doing business in the diamond industry by leveraging the power of Blockchain technology. Everledger ensures that each point of transaction right from mining to retail sales of the diamond is electronically verified in an open ledger. In this manner, customers can be sure that they are buying real diamonds from conflict-free areas.

According to an estimate, around $140 billion are tied up in the transport sector. Using Blockchain in transportation could improve the clearance of dues.

Real estate

The real estate sector has been technologically averse, traditionally but with the onset of Blockchain technology, this scenario is bound to change. Paper records can be tampered, while tampering a Blockchain record, is next to impossible. Taking advantage of this feature, the entire process of record-keeping in real estate can be shifted to a Blockchain-based system. This would ensure that there is no fraudulent transaction in the process. The cost of documentation would be drastically reduced with various intermediaries like the title companies and real estate lawyers being replaced with smart contracts at some places. These smart contracts are executed once all the conditions of the transaction are met, leading to a rule-based system which is protected from Human errors.

Another potential application of Blockchain in Real Estate would be using Blockchain in conducting online property searches. Many times it is seen that in third Party real estate platforms like Zillow, the property listed on the website is sold, but the information has not been updated on the website. To eliminate this issue Blockchain can be integrated into such applications, creating a shared ledger of properties with all the details like price sold, date sold, the names of the buyer and seller. This would ensure accuracy in the data regarding properties. An online real estate platform called Imbrex is using Blockchain in this manner.


Governments all across the world have been plagued with corruptions scandals since time immemorial. Blockchain has the potential to stop this by introducing a public ledger for all the government services. For example, the bidding for a government contract can be recorded in a Blockchain to prevent corruption. Governments of countries like Estonia, Georgia, and Sweden have started experimenting with Blockchain technology by introducing it in their land record management. The distrust among the public decreases when the record is un-alterable and open for all.

The security of data in government organizations can be increased by implementing Blockchain. Governments are large holders of data and hence are the prime target for hackers. Applying Blockchain, the failure points of data can be distributed, therefore eliminating the chance of a large scale data breach. Agencies such as the Department of Homeland security in the U.S.A are investing millions into Blockchain technology.

Pharma industry

There is a thriving market for fake drugs worth $30 billion all over the world. Counterfeit drugs are a menace that threatens to kill the Pharma industry. There is an unprecedented rise in the number of pharmaceutical crime-related incidents.


(Image courtesy:

If we have a supply chain system of pharmaceutical products which is based upon the Blockchain technology, then this problem of counterfeit drugs can be tackled effectively. Using

Blockchain technology can be implemented in drug trials. Applying Blockchain technology, the drug trials can be expedited, leading to shorter drug discovery cycles. Around 6 in 10 big Pharma companies have already started experimenting with Blockchain. When you use Blockchain, the data security of participants is ensured, which means that more people would be interested in participating in clinical trials by providing their data.

Companies like Medileger are already building industry-owned blockchains for the pharmaceutical sector.

Uganda is using Blockchain technology to track counterfeit drugs.

With the rapidly changing technology and business environments, it has become inevitable for the businesses to be on their toes. Thus, data securing becomes an important aspect, and including Blockchain technology is a must. It can be used in various industries and sectors right from the government to private. Blockchain will form a digital ledger that will be used in recording all the transactions in secured blocks.

An enthusiastic Operations Manager at, coordinating and managing the technical and functional areas. She is an adventure lover, passionate traveller, an admirer of nature, who believes that a cup of coffee is the prime source to feel rejuvenated. Researching and writing about technology keeps her boosted and enhances her professional journeying.

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WoW Mining Leveling Guide – How to Level Mining 1-450 Like a Pro




In WoW, Mining is a lucrative profession because it is used for 3 crafting professions. The drawback is that to make some decent gold off the profession you need to reach a high level. I am going to give you a quick Mining Leveling Guide and give you some of the fundamentals to level mining quickly.   

Here are the Basics of my mining leveling guide:

You can Level Mining with a couple of different ways. The traditional way is leveling the profession by smelting and also by going out and finding nodes.   Today I am going to elaborate on how to find nodes for leveling the traditional way.   Let’s talk about finding nodes. Now, finding nodes can be rather time consuming to run around looking them. But the positive thing is it has no major upfront costs.  

To start off, you must first learn the profession and you must purchase a mining pick axe. You can’t mine without one. Once you have done this you are ready to venture out into the game of WoW and begin leveling your new profession.   Now you must pick a zone which, sometimes, can be a little difficult.  However, the same general rule of finding veins of ore hold true for all zones: you can usually find it around the mountain lines or at the edges of the zone.  You also have to make sure you have track minerals on so you can find ore more easily along with looking near the ridges.   Below is a list of the level, the Ore that will level you, and the zones that are best for this range.  

Here is the WoW Mining Leveling Guide you have been looking for: 

  • Level 1-60; Ore: Copper Ore;  Zones: Azuremyst Isle, Mulgore, Dun Morogh, Durotar, Teldrassil and Elwinn Forest.
  • Level 66-125;  Ore: Copper, Silver and Tin Ore;  Zones: Thousand Needles, Redridge Mountain                             
  • Level 126-175;  Ore:  Iron, Gold and Tin Ore;  Zones:  Thousand Needles, Arathi Highland                         
  • Level 176-245;  Ore: Mithril and Truesilver Ore;  Zones: Tanaris,The Hinterlands           
  • Level 246-300;  Ore: Mithril Ore and Rich Thorium Small Thorium;  Zones: Silithus, Tanaris, Winterspring                                                      
  • Level 301-325;  Ore: Fel Iron Ore; Zones: Hellfire Peninsula    
  • Level 326-350;  Ore: Fel Iron Ore, Khorium Ore, Adamantite Ore, Rich Adamantite;  Zones: Nagrand                                                                                          
  • Level 351-400;  Ore: Rich Cobalt, Cobalt Ore; Zones: Borean Tundra                                  
  • Level 401-450;  Ore: Rich Saronite ,Saronite Ore; Zones: Scholarzar Basin   


Smelting is usually pretty costly, although the bars usually sell for around the price of ore.

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Reduce Cost of College With Lifetime Learning Credits




Lifetime Learning Credit

For 2015, there are two tax credits available to help you offset the costs of higher education by reducing the amount of your income tax. They are the American Opportunity Credit and the Lifetime Learning Credit.

TAX BENEFIT – For the tax year, you may be able to claim a Lifetime Learning Credit of up to $2,000 for qualified education expenses paid for all eligible students. There is no limit on the number of years the Lifetime Learning Credit can be claimed for each student. A tax credit reduces the amount of income tax you may have to pay. Unlike a deduction, which reduces the amount of income subject to tax, a credit directly reduces the tax itself. The Lifetime Learning Credit is a nonrefundable credit, so if the credit is more than your tax the excess will not be refunded to you. Your allowable Lifetime Learning Credit is limited by the amount of your income and the amount of your tax.

ONLY ONE EDUCATION CREDIT ALLOWED – For each student, you can elect for any year only one of the credits. For example, if you elect to claim the Lifetime Learning Credit for a child on your 2015 tax return, you cannot, for that same child, also claim the American Opportunity Credit for 2015. If you are eligible to claim the Lifetime Learning Credit and you are also eligible to claim the American Opportunity Credit for the same student in the same year, you can choose to claim either credit, but not both. If you pay qualified education expenses for more than one student in the same year, you can choose to claim certain credits on a per-student, per-year basis. This means that, for example, you can claim the American Opportunity Credit for one student and the Lifetime Learning Credit for another student in the same year.

CLAIMING THE CREDIT – Generally, you can claim the Lifetime Learning Credit if all three of the following requirements are met.

  • You pay qualified education expenses of higher education.
  • You pay the education expenses for an eligible student (a student who is enrolled in one or more courses at an eligible educational institution).
  • The eligible student is either yourself, your spouse, or a dependent for whom you claim an exemption on your tax return.

Table 3-1. Overview of the Lifetime Learning Credit for 2015

Maximum credit

Up to $2,000 credit per return

Limit on modified adjusted gross income (MAGI)

$128,000 if married filing jointly;

$64,000 if single, head of household, or qualifying widow(er)

Refundable or nonrefundable

Nonrefundable-credit limited to the amount of tax you must pay on your taxable income

Number of years of postsecondary education

Available for all years of postsecondary education and for courses to acquire or improve job skills

Number of tax years credit available

Available for an unlimited number of tax years

Type of program required

Student does not need to be pursuing a program leading to a degree or other recognized education credential

Number of courses

Available for one or more courses

Felony drug conviction

Felony drug convictions do not make the student ineligible

Qualified expenses

Tuition and fees required for enrollment or attendance (including amounts required to be paid to the institution for course-related books, supplies, and equipment)

Payments for academic periods

Payments made in 2015 for academic periods beginning in 2015 or beginning in the first 3 months of 2015

CANNOT CLAIM THE CREDIT – You cannot claim the Lifetime Learning Credit for 2015 if any of the following apply.

  • Your filing status is married filing separately.
  • You are listed as a dependent on another person’s tax return.
  • Your modified adjusted gross income (MAGI) is $64,000 or more ($128,000 or more in the case of a joint return).
  • You (or your spouse) were a nonresident alien for any part of 2015 and the nonresident alien did not elect to be treated as a resident alien for tax purposes. More information on nonresident aliens can be found in Publication 519.
  • You claim the American Opportunity Credit or a Tuition and Fees Deduction for the same student in same year.

QUALIFYING EXPENSES – The Lifetime Learning Credit is based on qualified education expenses you pay for yourself, your spouse, or a dependent for whom you claim an exemption on your tax return. Generally, the credit is allowed for qualified education expenses paid in same year for an academic period beginning in the same year or in the first 3 months of the following year. For example, if you paid $1,500 in December 2015 for qualified tuition for the spring 2016 semester beginning in January 2016, you may be able to use that $1,500 in figuring your 2015 credit.

Academic period. An academic period includes a semester, trimester, quarter, or other period of study (such as a summer school session) as reasonably determined by an educational institution. In the case of an educational institution that uses credit hours or clock hours and does not have academic terms, each payment period can be treated as an academic period.

Paid with borrowed funds. You can claim a Lifetime Learning Credit for qualified education expenses paid with the proceeds of a loan. You use the expenses to figure the Lifetime Learning Credit for the year in which the expenses are paid, not the year in which the loan is repaid. Treat loan disbursements sent directly to the educational institution as paid on the date the institution credits the student’s account.

Student withdraws from class (es). You can claim a Lifetime Learning Credit for qualified education expenses not refunded when a student withdraws.

For purposes of the Lifetime Learning Credit, qualified education expenses are tuition and certain related expenses required for enrollment in a course at an eligible educational institution. The course must be either part of a postsecondary degree program or taken by the student to acquire or improve job skills.

Eligible educational institution. An eligible educational institution is any college, university, vocational school, or other postsecondary educational institution eligible to participate in a student aid program administered by the U.S. Department of Education. It includes virtually all accredited public, nonprofit, and proprietary (privately owned profit-making) postsecondary institutions. The educational institution should be able to tell you if it is an eligible educational institution. Certain educational institutions located outside the United States also participate in the U.S. Department of Education’s Federal Student Aid (FSA) programs (such as Oxford University).

Related expenses. Student activity fees and expenses for course-related books, supplies, and equipment are included in qualified education expenses only if the fees and expenses must be paid to the institution for enrollment or attendance.

NO DOUBLE-DIPPING – You cannot do any of the following.

  • Deduct higher education expenses on your income tax return (as, for example, a business expense) and also claim a Lifetime Learning Credit based on those same expenses.
  • Claim a Lifetime Learning Credit in the same year that you are claiming a tuition and fees deduction for the same student.
  • Claim a Lifetime Learning Credit and an American Opportunity Credit based on the same qualified education expenses.
  • Claim a Lifetime Learning Credit based on the same expenses used to figure the tax-free portion of a distribution from a Coverdell Education Savings Account (ESA) or Qualified Tuition Program (QTP).
  • Claim a credit based on qualified education expenses paid with tax-free educational assistance, such as a scholarship, grant, or assistance provided by an employer.

For each student, reduce the qualified education expenses paid by or on behalf of that student under the following rules. The result is the amount of adjusted qualified education expenses for each student.

Tax-free educational assistance. For tax-free educational assistance received in 2015, reduce the qualified educational expenses for each academic period by the amount of tax-free educational assistance allocable to that academic period. Some tax-free educational assistance received after 2015 may be treated as a refund of qualified education expenses paid in 2015. This tax-free educational assistance is any tax-free educational assistance received by you or anyone else after 2015 for qualified education expenses paid on behalf of a student in 2015 (or attributable to enrollment at an eligible educational institution during 2015).

Tax-free educational assistance includes:

  • The tax-free part of scholarships and fellowship grants
  • Pell grants (Scholarships, Fellowship Grants, Grants, and Tuition Reductions)
  • Employer-provided Educational Assistance
  • Veterans’ Educational Assistance
  • Any other nontaxable (tax-free) payments (other than gifts or inheritances) received as educational assistance.

Generally, any scholarship or fellowship grant is treated as tax free. However, a scholarship or fellowship grant is not treated as tax free to the extent the student includes it in gross income (if the student is required to file a tax return for the year the scholarship or fellowship grant is received) and either of the following is true.

  • The scholarship or fellowship grant (or any part of it) must be applied (by its terms) to expenses (such as room and board) other than qualified education expenses.
  • The scholarship or fellowship grant (or any part of it) may be applied (by its terms) to expenses (such as room and board) other than qualified education expenses.

You may be able to increase the combined value of an education credit and certain educational assistance if the student includes some or all of the educational assistance in income in the year it is received.

Refunds. A refund of qualified education expenses may reduce adjusted qualified education expenses for the tax year or require repayment (recapture) of a credit claimed in an earlier year. Some tax-free educational assistance received after 2015 may be treated as a refund.

Refunds received in 2015. For each student, figure the adjusted qualified education expenses for 2015 by adding all the qualified education expenses for 2015 and subtracting any refunds of those expenses received from the eligible educational institution during 2015.

Refunds received after 2015 but before your income tax return is filed. If anyone receives a refund after 2015 of qualified education expenses paid on behalf of a student in 2015 and the refund is paid before you file an income tax return for 2015, the amount of qualified education expenses for 2015 is reduced by the amount of the refund.

Refunds received after 2015 and after your income tax return is filed. If anyone receives a refund after 2015 of qualified education expenses paid on behalf of a student in 2015 and the refund is paid after you file an income tax return for 2015, you may need to repay some or all of the credit.

Credit recapture. If any tax-free educational assistance for the qualified education expenses paid in 2015 or any refund of your qualified education expenses paid in 2015 is received after you file your 2015 income tax return, you must recapture (repay) any excess credit. You do this by refiguring the amount of your adjusted qualified education expenses for 2015 by reducing the expenses by the amount of the refund or tax-free educational assistance. You then refigure your education credit(s) for 2015 and figure the amount by which your 2015 tax liability would have increased if you had claimed the refigured credit(s). Include that amount as an additional tax for the year the refund or tax-free assistance was received.

If you pay qualified education expenses in 2015 for an academic period that begins in the first 3 months of 2015 and you receive tax-free educational assistance, or a refund, as described above, you may choose to reduce your qualified education expenses for 2015 instead of reducing your expenses for 2015.

Amounts that do not reduce qualified education expenses. Do not reduce qualified education expenses by amounts paid with funds the student receives as:

  • Payment for services, such as wages,
  • A loan;
  • A gift;
  • An inheritance; or
  • A withdrawal from the student’s personal savings.

Do not reduce the qualified education expenses by any scholarship or fellowship grant reported as income on the student’s tax return in the following situations.

  • The use of the money is restricted, by the terms of the scholarship or fellowship grant, to costs of attendance (such as room and board) other than qualified education expenses, Scholarships, Fellowship Grants, Grants, and Tuition Reductions.
  • The use of the money is not restricted.

COORDINATION WITH PELL GRANTS AND OTHER SCHOLARSHIPS – You may be able to increase your Lifetime Learning Credit when the student (you, your spouse, or your dependent) includes certain scholarships or fellowship grants in the student’s gross income. Your credit may increase only if the amount of the student’s qualified education expenses minus the total amount of scholarships and fellowship grants is less than $10,000. If this situation applies, consider including some or all of the scholarship or fellowship grant in the student’s income in order to treat the included amount as paying nonqualified expenses instead of qualified education expenses. Nonqualified expenses are expenses such as room and board that are not qualified education expenses such as tuition and related fees.

Scholarships and fellowship grants that the student includes in income do not reduce the student’s qualified education expenses available to figure your Lifetime Learning Credit. Thus, including enough scholarship or fellowship grant in the student’s income to report up to $10,000 in qualified education expenses for your Lifetime Learning Credit may increase the credit by enough to increase your tax refund or reduce the amount of tax you owe even considering any increased tax liability from the additional income. However, the increase in tax liability as well as the loss of other tax credits may be greater than the additional Lifetime Learning Credit and may cause your tax refund to decrease or the amount of tax you owe to increase. Your specific circumstances will determine what amount, if any, of scholarship or fellowship grant to include in income to maximize your tax refund or minimize the amount of tax you owe. The scholarship or fellowship grant must be one that may (by its terms) be used for nonqualified expenses.

Finally, the amount of the scholarship or fellowship grant that is applied to nonqualified expenses cannot exceed the amount of the student’s actual nonqualified expenses that are paid in the tax year. This amount may differ from the student’s living expenses estimated by the student’s school in figuring the official cost of attendance under student aid rules. The fact that the educational institution applies the scholarship or fellowship grant to qualified education expenses, such as tuition and related fees, does not prevent the student from choosing to apply certain scholarships or fellowship grants to the student’s actual nonqualified expenses. By making this choice (that is, by including the part of the scholarship or fellowship grant applied to the student’s nonqualified expenses in income), the student may increase taxable income and may be required to file a tax return. But, this allows payments made in cash, by check, by credit or debit card, or with borrowed funds such as a student loan to be applied to qualified education expenses.

Something to consider is whether you will benefit from applying a scholarship or fellowship grant to nonqualified expenses will depend on the amount of the student’s qualified education expenses, the amount of the scholarship or fellowship grant, and whether the scholarship or fellowship grant may (by its terms) be used for nonqualified expenses. Any benefit will also depend on the student’s federal and state marginal tax rates as well as any federal and state tax credits the student claims. Before deciding, look at the total amount of your federal and state tax refunds or taxes owed and, if the student is your dependent, the student’s tax refunds or taxes owed. For example, if you are the student and you also claim the earned income credit, choosing to apply a scholarship or fellowship grant to nonqualified expenses by including the amount in your income may not benefit you if the decrease to your earned income credit as a result of including the scholarship or fellowship grant in income is more than the increase to your Lifetime Learning Credit as a result of including this amount in income.

NON-QUALIFYING EXPENSESQualified education expenses do not include amounts paid for:

  • Insurance;
  • Medical expenses (including student health fees);
  • Room and board;
  • Transportation; or
  • Similar personal, living, or family expenses.

This is true even if the amount must be paid to the institution as a condition of enrollment or attendance.

Sports, games, hobbies, and noncredit courses. Qualified education expenses generally do not include expenses that relate to any course of instruction or other education that involves sports, games or hobbies, or any noncredit course. However, if the course of instruction or other education is part of the student’s degree program or is taken by the student to acquire or improve job skills, these expenses can qualify.

Comprehensive or bundled fees. Some eligible educational institutions combine all of their fees for an academic period into one amount. If you do not receive or do not have access to an allocation showing how much you paid for qualified education expenses and how much you paid for personal expenses, such as those listed above, contact the institution. The institution is required to make this allocation and provide you with the amount you paid (or were billed) for qualified education expenses on Form 1098-T. To help you figure your Lifetime Learning Credit, the student should receive Form 1098-T. Generally, an eligible educational institution (such as a college or university) must send Form 1098-T (or acceptable substitute) to each enrolled student by January 31, 2015. An institution may choose to report either payments received (box 1), or amounts billed (box 2), for qualified education expenses. However, the amounts on Form 1098-T, boxes 1 and 2, might be different from what you paid. When figuring the credit, use only the amounts you paid or are deemed to have paid in 2015 for qualified education expenses.

In addition, Form 1098-T should give other information for that institution, such as adjustments made for prior years, the amount of scholarships or grants, reimbursements or refunds, and whether the student was enrolled at least half-time or was a graduate student. The eligible educational institution may ask for a completed Form W-9S, or similar statement to obtain the student’s name, address, and taxpayer identification number.

CLAIMING DEPENDENT’S EXPENSES – If there are qualified education expenses for your dependent during a tax year, either you or your dependent, but not both, can claim a Lifetime Learning Credit for your dependent’s expenses for that year. For you to claim a Lifetime Learning Credit for your dependent’s expenses, you must also claim an exemption for your dependent. You do this by listing your dependent’s name and other required information on Form 1040 (or Form 1040A), line 6c.

Expenses paid by dependent. If you claim an exemption on your tax return for an eligible student who is your dependent, treat any expenses paid (or deemed paid) by your dependent as if you had paid them. Include these expenses when figuring the amount of your Lifetime Learning Credit. Qualified education expenses paid directly to an eligible educational institution for your dependent under a court-approved divorce decree are treated as paid by your dependent.

Expenses paid by you. If you claim an exemption for a dependent who is an eligible student, only you can include any expenses you paid when figuring the amount of the Lifetime Learning Credit. If neither you nor anyone else claims an exemption for the dependent, only the dependent can include any expenses you paid when figuring the Lifetime Learning Credit.

Expenses paid by others. Someone other than you, your spouse, or your dependent (such as a relative or former spouse) may make a payment directly to an eligible educational institution to pay for an eligible student’s qualified education expenses. In this case, the student is treated as receiving the payment from the other person and, in turn, paying the institution. If you claim an exemption on your tax return for the student, you are considered to have paid the expenses.

Tuition reduction. When an eligible educational institution provides a reduction in tuition to an employee of the institution (or spouse or dependent child of an employee), the amount of the reduction may or may not be taxable. If it is taxable, the employee is treated as receiving a payment of that amount and, in turn, paying it to the educational institution on behalf of the student.

FIGURING THE CREDIT – The amount of the Lifetime Learning Credit is 20% of the first $10,000 of qualified education expenses you paid for all eligible students. The maximum amount of Lifetime Learning Credit you can claim for 2015 is $2,000 (20% × $10,000). However, that amount may be reduced based on your MAGI.

The amount of your Lifetime Learning Credit is phased out (gradually reduced) if your MAGI is between $54,000 and $64,000 ($108,000 and $128,000 if you file a joint return). You cannot claim a Lifetime Learning Credit if your MAGI is $64,000 or more ($128,000 or more if you file a joint return).

Modified adjusted gross income (MAGI). For most taxpayers, MAGI is adjusted gross income (AGI) as figured on their federal income tax return.

MAGI when using Form 1040A. If you file Form 1040A, your MAGI is the AGI on line 22 of that form.

MAGI when using Form 1040. If you file Form 1040, your MAGI is the AGI on line 38 of that form, modified by adding back any:

1. Foreign earned income exclusion,

2. Foreign housing exclusion,

3. Foreign housing deduction,

4. Exclusion of income by bona fide residents of American Samoa, and

5. Exclusion of income by bona fide residents of Puerto Rico.

Phase Out. If your MAGI is within the range of incomes where the credit must be reduced, you will figure your reduced credit using lines 10-18 of Form 8863.

You figure the tentative Lifetime Learning Credit (20% of the first $10,000 of qualified education expenses you paid for all eligible students). The result is a $1,320 (20% x $6,600 eligible expenses) tentative credit.

Because your MAGI is within the range of incomes where the credit must be reduced, you must multiply your tentative credit ($1,320) by a fraction. The numerator of the fraction is $128,000 (the upper limit for those filing a joint return) minus your MAGI. The denominator is $20,000, the range of incomes for the phase out ($108,000 to $128,000). The result is the amount of your phased out (reduced) Lifetime Learning Credit ($1,056).

$1,320 x ($128,000 – $112,000)/$20,000 = $1.056

Claiming the Credit You claim the Lifetime Learning Credit by completing Form 8863 and submitting it with your Form 1040 or 1040A. Enter the credit on Form 1040, line 50, or Form 1040A, line 33.

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WoW Mining – 6 Quick Steps to Level 450!




Mining is the most popular profession in World of Warcraft. It’s a very reliable money-making skill as all around Azeroth you can find veins of ore to mine and sell the ores, stones, gems and minerals you dig up.

Not only do you dig up the raw ores with Mining, you can also smelt them into metal bars for Blacksmiths, Jewelcrafters and Engineers to use. If you learn Mining and one of these other professions you have a potent combination.

The top level is 450, it takes a while to get there, but it’s worth it for the extremely valuable stuff you can dig for when you get there. If like me, you’re an impatient type, here is an overview of one of the quickest ways to level 450 in 6 steps:

Step 1

All races start in different places, but we’ll just cover the mining-masters Dwarves for now (also Gnomes who begin in the same area). You must get trained apprentice Mining first in town, next mine for copper ore in Durota and Dun Morogh until you reach level 30. Turn the copper into bars using your smelting ability and save them.

Step 2

When you reach level 65 become a Journeyman in Mining. Now mine in the areas of Redridge Mountains and a Thousand Needles, you want to search for tin. When you have dug up lots of tin, smelt it down into bars and then mix it with copper bars to create bronze bars. After a bit of this you will reach 95.

Step 3

Mine and smelt silver ore until you reach 125. At level 125 train to Expert Mining, keep to the thousand needles and also the Arathi Highland. From level 155 you can start smelting gold bars from gold ore, it’s best here to buy gold ore and smelt it – until level 175. Sell the bars for more ore if you run out of money.

Step 4

At 225 train up to Mining Expert. Now you want to continue your Mining around Tanaris and the Hinterlands. By the time you get to level 230 you can smelt Trusilver Ore and use it to jump up tp 245.

Step 5

Next we want to start mining in Winterspring. Start mining Thorium veins here, get your trainer to train you how to smelt thorium bars. You can find the most Torium around the Eastern Plaguelands. Then mine Fel Ore around the Hellfire Peninsula until level 325. After that you can reach 350 easily by Mining around Nagrand for Adamandite Ore.

Step 6

You’ll reach the final mining levels in Northrend. Firstly, learn Mining Grand Master when you get there. Then mine Cobalt Ore in the Borean Tundra. And finally, mine saronite ore at Sholazar Basin to reach level 450.

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Top 5 American Express Credit Cards in Singapore




American Express is one of the biggest issuers of credit cards in the world. The company offers cards that are customized to meet the needs of all kinds of customers but mostly they cater to the needs of individuals with high net worth. At present, more than 100 million people around the world use cards that are issued by this multinational financial company. American Express has a very strong presence in most Asian countries including Singapore. It offers a range of credit cards that are very popular with residents of this island nation.

The top 5 American Express credit cards offered in Singapore are as follows:

1. True Cash Back Card – This card has been designed to help people with saving more money when they use the card for their daily expenses. A percentage of the amount spent with the card with be credited back to the cardholders’ account as cash back and so they can save money in the process. The cardholders will need to pay a little more than S$170 as annual fee for the card and they can also opt for supplementary cards for their loved ones to share with them the benefits offered with this card.

2. American Express Platinum Card – As its name suggest, this credit card comes with features that are designed for people with premier lifestyles and it can offer them with golfing, dining and travel benefits. Because of its worldwide acceptability, this card can be used at merchant outlets around the globe. The annual fee for the card charged is relatively high and so it may not be ideal for those who are looking for a card with low annual fee or other charges.

3. American Express Rewards Card – This is the ideal American Express credit card for those who want to earn reward points every time they use their card for any transaction. The reward points can be redeemed without any difficulty and on the website of American Express Singapore. The cardholders are offered with higher reward points when they use the card at some of the selected merchant outlets in Singapore. Only people aged 21 or above can apply for this card, which comes with a low annual fee of around S$50.

4. American Express Platinum Reserve Card – It is the ideal card for those who want to earn higher reward points for all of their purchases. It can the cardholders can earn up to 50,000 points in the initial 6 months of receiving the card by spending a specified amount of money. It is also very good for those who frequently dine out as it will offer them with discounts and other privileges at some of the top restaurants in the country. It does come with a high annual fee of more than S$500.

5. American Express Singapore Airlines KrisFlyer Gold Card – This American Express credit card has been designed for those who travel by Singapore Airlines on a regular basis as they can enjoy discounts of air tickets and a range of other travel benefits. With every dollar spent with the card, the cardholders earn air miles and the accumulated air miles can then be redeemed for hotel bookings, flight reservations and other travel benefits. Only people with high credit score can apply for this card.

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Five Trending Cryptocurrencies in the Market Today



Five Trending Cryptocurrencies in the Market Today
  • Simply HODL Bonus Cake to receive Cake rewards HOURLY.
  • LOUD Market is the NFT Music Market.

Cryptocurrencies, constantly evolving, and the next big digital token might be launched tomorrow. While Bitcoin is generally regarded as the first cryptocurrency, analysts use various methods to evaluate other tokens. Moreover, due to the high volatility of most cryptocurrencies, investing in them requires caution. Let’s look at the five trending crypto coins today.

Cardano (ADA)

In contrast to the proof-of-work method used by Bitcoin, Cardano (ADA) is one of the largest blockchains to utilize a proof-of-stake consensus mechanism. Furthermore, the layered blockchain team claims that the technology has proven useful in developing decentralized applications and smart contracts.

According to CoinMarketCap, Cardano price today is $2.39 USD with a 24-hour trading volume of $6,159,197,075 USD.

Bonus Cake (BonusCake)

BonusCake is the biggest CAKE reflection token on Binance Smart Chain. Moreover, it is the only CAKE reward token with auto-claim. Moreover, CAKE rewards go straight to the wallet. Simply HODL Bonus Cake to receive Cake rewards HOURLY.

According to CoinMarketCap, the Bonus Cake price today is $0.000021 USD with a 24-hour trading volume of $3,960,488 USD.

Loud Market (LOUD)

LOUD Market is the NFT Music Market. Moreover, the token designed to assist the NFT Market. To enable musicians and artists to sell their work immediately as NFTs at reasonable rates with no hidden costs! Their platform allows artists to showcase their work while earning immediate cryptocurrency payouts.

According to CoinMarketCap, the Loud Market price today is $0.127452 USD with a 24-hour trading volume of $5,886,503 USD.


To match the price of Bitcoin, ForeverFOMO’s supply adjusts. Rebasing transforms price-elastic tokens into synthetic commodities with changing prices and supplies that eventually settle. Finally, rebases are intended to be traded and possibly lucrative.

According to CoinMarketCap, ForeverFOMO price today is $0.000028 USD with a 24-hour trading volume of $3,513,793 USD.

Pampther (PAMPTHER)

Pampther is a Binance Smart Chain deflationary BEP-20 token. 1% is burned per transaction, 1% is redistributed to holders, and 0.10% goes to Binance Charity. The Pampther team merged crypto memes with NFTs (Non-Fungible Tokens). The outcome of combining these two growing marketplaces is a game.

According to CoinMarketCap, Pampther price today is $0.000631 USD with a 24-hour trading volume of $595,741 USD.

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Solana (SOL) Upswing Towards $200 Soon as Bulls Get Ready



Solana (SOL) upswing towards $200 Soon as Bulls Get Ready
  • The 14-day RSI rises over the midline, indicating further upward potential.
  • The People’s Bank of China (PBOC) has banned all crypto transactions.

Solana is a protocol for creating decentralized apps (Dapps). It attempts to enhance scalability by combining proof-of-history (PoH) with proof-of-stake (PoS) consensus.

Unique Hybrid Consensus Approach

Solana’s unique hybrid consensus approach attracts both retail and institutional traders. Moreover, the Solana Foundation is working hard to provide access to decentralized finance (DeFi) on a large scale. Saturday, Solana reverses Friday’s brief dip to around $127.50.

SOL bears regained control the day prior, mirroring the general market gloom after China’s blow. The People’s Bank of China (PBOC) has banned all crypto transactions, calling them illegal financial activity. Its price has reclaimed the $140 level, gaining approximately 1% on the day, but is still on pace to lose money for the second week in a row.

Solana SOL Upswing Towards 200 Soon as Bulls Get Ready
SOL/USDT: Source: TradingView

After two unsuccessful tries earlier this week, SOL bulls are targeting the falling trend line resistance at $148. If SOL bulls maintain a daily closing position above the latter, it will indicate an upward breakout from a falling wedge pattern. The SOL price has been moving bullishly since hitting an all-time high of $221.38 on September 9. In the stated period, the price formed lower highs and lows, forming a falling wedge.

The 14-day RSI rises over the midline, indicating further upward potential. So, a wedge breakthrough would allow a rise towards $200. Its horizontal 21-day Moving Average (DMA) at $159.40 may challenge bearish commitments first.

The SOL price may retreat towards the upward-sloping 50-DMA at $110.50 if the wedge barrier is difficult to overcome. Under $100.60, a new downswing may occur towards the moderately positive 100-DMA at $71.54. According to CoinMarketCap, the price of SOL is $137.59 and has a 24-hour trading volume of $2,246,125,994.

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Top Crypto Price Updates- Bitcoin Drops Below $42,900; Ether Near $2,900



Top Crypto Price Updates- Bitcoin Drops Below $42,900; Ether Near $2,900
  • Binance coin $357.98, down 4.7% in 24 hours.
  • Dogecoin, Polkadot, and Solana were all in the red.

Bitcoin prices fell 3.95 percent to $42,732.98 on Saturday. As per CoinMarketCap estimates, the biggest cryptocurrency’s market cap stood at $801.92 billion.

On Saturday, cryptocurrencies plummeted on the heels of China’s new crackdown. The country’s central bank stated digital currencies “cannot be used as money” and barred businesses from operating cryptocurrency exchanges.

According to Bloomberg, the Peoples Bank of China said,

“All crypto-related transactions, including services provided by offshore exchanges to domestic residents, are illicit financial activities.”

China Is One of the World’s Biggest Cryptocurrency Marketplaces

The threat of a payment failure by China’s housing giant Evergrande caused a cryptocurrency crash last week. The Evergrande issue and the US Fed meeting where a possible decision on reducing asset purchases was anticipated led to a significant decline in the cryptocurrency market last week.

Ethereum was worth $343.18 billion, with a price of $2,918.16 per token on Saturday. Cardano rose 2.46 percent to $2.36, whereas the currency fell 0.83 percent in the previous week as per CoinMarketCap.

In the past, on April 13, bitcoin reached $63,729.5. The value of Ether, the second most valuable cryptocurrency behind bitcoin, had risen to $2,317. Recently, the cryptocurrency soared to an all-time high due to favorable news developments globally. However, current developments in China surrounding cryptocurrencies are causing a market decline.

In May, the Chinese State Council pledged to clamp down on bitcoin mining and trade, causing a massive sell-off of cryptocurrencies. Furthermore, China is one of the world’s biggest cryptocurrency marketplaces, and its swings frequently affect worldwide prices.

Binance coin $357.98, down 4.7% in 24 hours. However, Binance currency has lost 13.19% in the past week, bringing its market value to $59.76 billion. Dogecoin, Polkadot, and Solana were all in the red.

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Axie Infinity’s Transaction Volume Crosses $2 Billion



Axie Infinity's Transaction Volume Crosses $2 Billion
  • Axie has 1.8 million active players.
  • Signing an Axie scholarship agreement is a significant commitment.

What is the largest NFT project? Not NBA Top Shot or CryptoPunks in terms of the trading volume. No, it’s Axie Infinity, a monster-battling Ethereum-based game that surged in popularity last summer.

Game Only for the People Who Can Afford

According to DappRadar, the transaction volume for Sky Mavis’ game topped $2 billion last week. In a game with over 1.8 million daily active users, players are splashing ETH on cartoon monsters, land plots, and other goods. Tokens like Axie’s native AXS also have risen in value, approaching $4 billion.

But it’s not a cheap game. Unlockable digital items such as interacting creatures and customizable landscapes may be purchased with NFTs. Axie Infinity requires three monstrous NFTs, each costing between $150-200 ETH. Although a large initial expenditure, it hasn’t slowed recent project development. That’s the goal of Axie Infinity, a video game created by Sky Mavis in Singapore.

The Axie Infinity community has grown steadily since late 2017 but exploded this summer with the introduction of Ronin, an Ethereum sidechain. It reduces transaction costs and avoids Ethereum network congestion, allowing participants to quickly purchase, trade, and breed Axie NFTs.

In May, Axie announced a $7.5 million Series A financing round. It’s a modest sum compared to other crypto industry rounds, but it drew in heavyweights like Mark Cuban, owner of the Dallas Mavericks, and Reddit co-founder Alexis Ohanian. The latter has been vocal about the game and its crypto-based play-to-earn concept.

The company now has a $4 billion pool of AXS tokens set aside to drive future development. The extended play-to-earn effort will involve staking AXS for incentives and token-based governance, according to Zirlin. While Axie has 1.8 million active players, the hefty initial fee prevents Axie from reaching potentially millions more. Buying three Axie NFTs is costly, and signing an Axie scholarship agreement is a significant commitment.

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Celer Network (CELR) Is the Top Gainer of the Day



Celer Network (CELR) Is the Top Gainer of the Day
  • CELR is a well-constructed layer-2 scaling solution.
  • The platform utilizes Delegated Proof of Stake (DPoS) consensus (DPoS).

In the cryptocurrency market, Celer Network’s token – CELR – has grown approximately 1110.1 percent since its launch, trading about $0.08107 as of September 12. Despite the general crypto sell-off, the currency has managed to remain positive thus far in 2021.

Although blockchain is an intriguing technology, transaction and throughput rates are likely to be poor. CELR is a well-constructed layer-2 scaling solution handling off-chain transactions. Off-chain payments and smart contracts are made simple, fast, and safe using the Celer platform. One of the first Substrate projects was the Polkadot ecosystem.

The Celer Network architecture (cStack) has four parts:

  • cOS: The network’s workflow core.
  • cRoute: A method for increasing network capacity by simplifying routes.
  • cChannel: Network transaction channels.
  • cApps: A scalable and user privacy application layer.

Layer-2 Scalability For Any Blockchain

The platform utilizes Delegated Proof of Stake (DPoS) consensus (DPoS). This method allows users to stake their currencies for a reward while delegating transaction validation to “delegates.”

Holders of CELR coins will be rewarded for providing liquidity. Furthermore, Celer’s main feature is layer-2 scalability for any blockchain. Thus, the project improves the product’s dependability, coverage, and adaptability while increasing its liquidity potential.

Celer Network, established in 2018 by a talented group of engineers. Celer’s four co-founders all have PhDs in computer science from prestigious institutions, including MIT and UC Berkeley.

According to CoinMarketCap, the price of the Celer network has recently gone up by 31.98% in the last 24 hours. The Celer Network price is $0.164142 USD, and the 24-hour trading volume of $1,135,169,584 USD.

For the long run, the Celer network price forecast is even more bullish, with the platform expecting the CELR token to reach $0.243 in five years, a possible 170 percent increase.

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Can Decentralized Finance Become the Future’s New Digital Economy ?



Can Decentralized Finance Become the Future's New Digital Economy ?

Over the past two years, DeFi has perhaps become the most striking event in cryptocurrency reality. The rise of this new star is closely tied to Ethereum, the second-largest cryptocurrency network by market capitalization, on top of which almost every existing DeFi application runs. The fact of the matter is, Ethereum is not only a digital asset that allows you to make transfers on the blockchain network but also an entire ecosystem within which you can provide services and perform more complex tasks, such as writing smart contracts. It was these two functions that became the foundation for the emergence of the DeFi phenomenon, which ultimately became something of a spontaneous market response to the request for freedom of financial services and their equal provision to any participant in the ecosystem, regardless of the social status and geographic location.

Over the past year, the capitalization of the DeFi market has grown by almost 60 times reaching a height of $130 billion, and the total value of user deposits (total value locked, TVL) has grown about 100 times, reaching roughly $100 billion. Many analysts predicted the industry to have the quickest decline in history, but DeFi withstood every problem it faced thanks to its underlying network. Being overloaded with transactions allowed for a general correction in the cryptocurrency market, which brought down the cost of the first cryptocurrency and along with it, the rest of the crypto assets in the spring and summer of 2021. Despite all the negative events, DeFi continued to grow. What was the fundamental driving force behind this growth?

The art of cutting off obstacles

The coolest feature of DeFi is the elimination of middlemen from its financial processes. In CeFi (centralized finance), the transaction’s confidence is provided by an intermediary: a bank, a stock exchange, a brokerage office, a settlement center, etc. The intermediary typically performs important functions for the economy such as storage and movement of funds, as well as lending to individuals and organizations.

Everyone is more or less familiar with the shortcomings of these organizations: due to their complex and demanding structure, they exclude more than a billion inhabitants of the planet from economic life, and the high commissions they charge customers guarantee neither a quick nor a trouble-free transaction. Often transactions, especially international ones, may be delayed for no apparent reason, and some of them may be regarded as suspicious. All this leaves the feeling that your money does not belong to you, it’s as if someone is disposing of your funds at his own discretion.

This situation, however, has greatly changed thanks to blockchain — a transaction register protected from unauthorized access, distributed among users, and belonging to everyone and no one in particular at the same time. Due to its decentralization, a common transaction log serves as a general source of truth for all network participants. And if some network participants are motivated to give their free funds to others, while others take these funds as a loan from a bank, then there is no need for an intermediary: the role of the trusted party is played by the blockchain itself, and a self-executing smart contract guarantees the fulfillment of the conditions. The same applies to any other economic interactions — insurance, the issuance of stable assets backed by currencies or individual advantages of protocols, and even the sale of unique works of art in the form of NFT tokens.

The uniqueness of DeFi lies in the fact that the users of decentralized applications (DApps) get rid of not only financial intermediaries from the real world but also centralized crypto platforms that require them to verify their identity with the personal information disclosure, which essentially violates one of the basic principles of cryptocurrencies — anonymity.

DeFi, with its decentralized exchanges (DEXs), allows its users to trade without having to go through identity verification, interference of anti-money laundering regulations, or any other restrictions that centralized exchanges were forced to impose.

DeFi is more than fintech. Most fintech projects are a digital shell that wraps up old systemic phenomena. DeFi, on the other hand, functions on a completely new basis as it gives total independence to people when it comes to choosing a path in the financial world.

Of course, DeFi still faces problems. For example, the congestion of the Ethereum core network with the popularity of DeFi itself leads to the birth of too many transactions, which then results in higher fees. On top of that, many applications still have awkward, clumsy user interfaces. As such, DeFi can be considered as a simple local phenomenon, which only people from the crypto world or those well versed in technical nuances can enter. Because DeFi is still difficult for those who are far from being tech geniuses. These are important problems that need to be addressed, and whoever overcomes these obstacles will emerge victorious.

How the LocalTrade ecosystem solves the pressing problems of DeFi

In fact, despite the explosive growth, DeFi is still beyond the attention of most financial market participants. This will undoubtedly change soon thanks to the LocalTrade platform — a universal cryptocurrency exchange and an ecosystem of financial products that aims to bridge the gap between traditional finance and the cryptocurrency industry.

The LocalTrade ecosystem includes a full-fledged centralized trading platform and a decentralized financial platform for investments named DeFi Lab. Combining the experience and powerful technical infrastructure of CeFi with the capabilities of DeFi, LocalTrade attracts traders and investors from fields. If they wish, they can join the world of decentralized finance just as easily as they would be dealing with traditional financial products that they understand.

LocalTrade intends to become the first platform that will allow everyone, even those who have only a fiat bank card and $10 in their account, to get unhindered access to the most profitable DeFi and CeFi products. How is this possible? Using the capabilities of CEX, LocalTrade simultaneously simplifies the process of investing in DeFi products and makes this investment safer. This part of the LocalTrade ecosystem is called DeFi Lab, and it includes components such as NeoBroker smart-fund, DeFi Wallet, a Launchpad for crowdfunding, as well as last year’s trend — yield farming, and even more. LocalTrade’s products are absolutely unique, so let’s briefly describe the essence of the innovative functions that you can access in the updated LocalTrade platform.

LocalTrade’s DeFi Tools

LocalTrade’s DeFi Wallet is not your everyday wallet, but rather a product that will allow you to promote DeFi and make it mainstream. This is a smart multi-currency wallet for mobile devices with an intuitive interface, completely private and confidential with 100% storage of information locally on the user’s device, full data encryption, 2FA, and biometric authentication for increased security. You can set up commissions in the wallet, but its killer feature is the ability to exchange assets from different blockchains within the same application. This specific option makes DeFi Wallet the world’s first decentralized crypto wallet with a cross-chain exchange functionality.

LocalTrade’s DeFi Lab is a set of special digital tools tailored for investments and are classified by categories based on their risk factor. DeFi Lab is designed to meet users’ needs and is available to all retail investors. These tools are available for investors with different levels of DeFi knowledge, ranging from pros to newbies.

  • NeoBroker Smart Fund allows users to invest in company shares before their initial public offering( pre-IPO), thus becoming a co-owner of such companies.
  • Yield Farming Protocol offers users high APY rates for their assets, which will be used to mine liquidity via a variety of DeFi projects.
  • Token Sale Investpool is a solution that allows users to purchase tokens from crypto projects that are currently on the pre-sale/ICO stage in order to get enhanced returns.
  • LocalTrade Launchpad is a tool for more sophisticated investors, aimed at supporting and promoting cryptocurrency projects, as well as allowing the investors to purchase tokens during IDO, at the lowest price possible.

All projects hosted by LocalTrade’s DeFi Lab undergo strict verification and audit of smart contracts to identify potential risks and thus prevent users from investing in intentionally fraudulent projects.

There is also an opportunity to earn money on the platform using the LocalTrade token (LTT), which is a BEP-20 standard token issued on the Binance Smart Chain. The LTT token combines utility and governance functionalities, powering the entire LocalTrade ecosystem. As a link between the LocalTrade CEX and DeFi platforms, LTT includes a unique token model and is used in various cases on the platform. There are several ways to earn money with LTT:

  • Staking, through which users join the DAO Sharing Economy and can participate in the management of the platform.
  • Receiving remuneration for attracting new participants.
  • Adding LTT to liquidity pools and receiving rewards for farming.

The LocalTrade VISA card & The NeoBank application are other LocalTrade products that allow you to use crypto whilst still enjoying the full convenience of fiat money. The card instantly converts cryptocurrency into fiat, after which you can pay for any purchases. At the same time, cashback in LTT tokens is paid for using the card. In addition, the card allows you to withdraw cash at any ATM.


If bitcoin was the spark for the financial services’ revolution, then DeFi was the catalyst for this process. Companies that bring DeFi into the mainstream are doing a huge service not only to the world of technology but also to the entire human society. This is exactly the task that LocalTrade has taken upon itself, providing its users with a full set of tools that will allow them to enter the world of DeFi as smoothly as possible. On the platform, LocalTrade conducts step-by-step training in mastering DeFi within the framework of its university. After graduating, students will not only have a clear understanding of DeFi, but also of traditional financial instruments and investing in general.


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