The London-headquartered firm, BlockEx made announcement regarding its intention to layoffs its staff due to financial issues. Adam Leonard, the CEO of BlockEx explained, “We are not winding down the business and hope to have some good news next week.” The number of staffs to be layoffs was undisclosed and the CEO remains optimistic about the future of its business.
A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.
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