Reflection on the Journey
September 26th was a very significant day for Lykke as we celebrated our 5th anniversary. We took the time to reflect on what has been achieved in our journey, we are more than grateful to all our customers, community members, investors, stakeholders, and friends who together through the twists and turns, remain true to our dream.
Over these years, we adapted and modified, we evolved and pivoted, we rolled back several initiatives and introduced others, helping us to grow and to define the thoughtful team we have today.
We are outspoken about our optimism towards the future of Lykke. Regulation is in our DNA and this unwavering commitment will remain until we secure the FINMA license; this is the moment where we need to focus on and remain true to our vision.
With high-caliber customers such as EMAAR, Raiffeisen, and IATA, Lykke Business has been a success. The maturing of our projects and offerings has provided a new platform where Lykke can flourish. Our solutions help us serve enterprises by building and launching secure platforms powered by blockchain.
Amidst recent events in the crypto space, we want to highlight the high commitment we have to security. We place the security of our users first in all scenarios. Since day one, we have provided Private Wallets and Cold Wallets for safe storage, combined with high-level practice in the management of customers’ information.
On this 5th anniversary, we want to refresh ourselves with a product rebranding. This rebranding captures everything we have learned over these 5 years, highlighting the Fintech side of our daily business combined with the enriched ecosystem we are building.
The game is slowly changing, governments and regulators are setting new rules to play. We will be leading the wave. The next stage is when the real action takes place; join us on this pathway to a successful future.
What is a crypto-fiat gateway?
A fiat gateway is a combination of words that you will frequently hear if you decide to enter the cryptocurrency world and buy Bitcoin or other cryptocurrencies in a crypto app. To understand its meaning and function, you have to understand what fiat means. Fiat means simply conventional money, it refers to national currencies the government’s issue not backed by any commodity. It derives from the Latin word fiat (from “facere” - make/do, present passive subjunctive “let it be done”) and we can assume that it implies a deal - let it be done!
What is a Coin Burn?
As new tokens are mined and enter circulation every day, cryptocurrencies need to ensure that the market is not oversaturated with supply. After all, prices in the digital currency market are almost entirely dictated by the economic principle of supply and demand.
Reflection on the Journey
September 26th was a very significant day for us since we celebrated our 5th anniversary. With having some time to reflect on what has been done in our journey, we are more than grateful to all our customers, community members, investors, stakeholders, and friends who despite the ups and downs from the bumpy road, remain true to our dream.
The Evolution Of Fintech
The phrase Fintech which stands for ‘Financial Technology’ refers to software and other modern technology used by businesses that provide automated and streamlined financial services.
Best Cryptocurrency to Invest In, other than Bitcoin, if you are a beginner
What cryptocurrency to invest in is a question that many beginner traders or holders ask themselves when facing the choice of some 3000 crypto coins and tokens currently available on the market. Even if all of them can be considered cryptocurrencies, in reality, from the technological and legal perspectives they may be totally different. If you have doubts about what cryptocurrency to buy as a speculative object of value or what cryptocurrency to invest in long terms, continue reading this article to learn about the most common criteria of smart choice.