We are excited to announce the release of the updated Elitium Whitepaper.

The new Whitepaper includes all updates and changes in direction of Elitium and the products we have been working on over the past months.

Exciting updates – first visuals of the Elitium App, the reveal of our digital tokenization platform Elitium Capital, and much …

Bitcoin halving (or halvening) is a drastically important event in the cryptocurrency world. It happens after every 210,000 blocks are mined and halves the reward that miners receive for discovering new blocks. With the current activity of Bitcoin’s network, it occurs approximately once every 4 years and implies in the decline in new BTC …

Although Bitcoin was invented in the first place as an alternative means of payment, its current volatility prevents it from being adopted at a mass scale. Constant price fluctuations undermine all the benefits that it provides, and the same thing can be said about all its derivatives such as Litecoin, Ethereum, Ripple and others. …

Invented in 2008 by an anonymous group of developers as a response to the world economy’s collapse, Bitcoin was aiming to give people an alternative means of payment. However, in its early years, it used to be a technological innovation used purely by geeks. For a new currency to gain mass adoption, people should …

In the light of our newly released staking program, it’s worth giving some more details on what cryptocurrency staking is, how it works and how EUM holders can benefit from merely holding their coins on their staking console.
Proof-of-Work vs Proof-of-Stake
Cryptocurrencies give a possibility to exchange value on a peer-to-peer basis without having to rely …

First introduced by a Brooklyn banker John Biggins in 1946, credit cards have become the most popular means of payment nowadays. According to the New York Federal Reserve survey, 27.5% of respondents applied for credit cards over 2019. Slowly but steadily, cards replace cash, and not without a reason. They are lightweight, easy to …

New trends dictate new rules to all spheres of our lives, and the financial industry is not an exclusion. As the level of globalization increases in time, the old systems prove to be sluggish and inefficient. This is where new technologies step out into the light and offer an innovative solution.

Centralized banks and other …

The day has finally arrived. After months with our noses to the grindstone, Team Elitium is proud to release our very first product into the wild.

Introducing…. the Elitium Staking Program.

Finally, we can reward you — The Elitium Network — for your patience.

And you’ll be pleased to hear, it’s a reward worth waiting for: …

An air of uncertainty surrounds Bitcoin and the greater cryptocurrency market, as news spreads regarding Bitfinex exchange and prominent stablecoin, Tether (USDT).

New York’s attorney general accused the owners of Bitfinex of covering up $850 million of missing funds, using Tether reserves to cover customer withdrawals instead.

The news triggered an immediate dive in the price …

When designing and optimizing new payment systems, sometimes it pays to look back and examine those that came before.

Once a revolutionary payment system, the credit card (formerly known as a charge card) provides an excellent case study.

Replacing the use of physical cash, the credit card provided a range of qualities that enabled it to …