Use your Cryptocurrency Wallet to buy Music Now!


Cryptocurrency wallets are software programs that acts like any other digital wallet, but instead of tracking traditional monetary transactions, these wallets track your cryptocurrency transactions- they help you store your keys (public and private) and helps you monitor your balance. They provide you with access to multiple cryptocurrencies, that you can use to transact with.


Currencies on your wallet, unlike a traditional wallet, don’t get stowed in one single location. All the records are stored on a blockchain network. For a transaction to happen and to unlock funds the private key on the wallet must match the public key that the assets are assigned to. There are different types of cryptocurrency wallets, Desktop- to be installed on a laptop or PC, these offer the highest level of security. Online wallet- they run on cloud and are accessible from any location and through any device.  They store your keys online, that could easily be hacked making them vulnerable to theft. Hardware- these are different from a software wallet; they store the private key in a USB or any other hardware device. Even though the transactions happen online, they are stored offline. Paper- they are easy to use and come with maximum security. Mobile- the most useful because they can be used in day to day expenditures, the best example of this is XcelPay, it provides you the security that you need and the transactions mode is simple.
Now that we understand how these wallets work, here are a few online music sites that you can go, that accept bitcoin:
EMWiRES Bitcoin Shop
EMWiRES only takes bitcoin. It offers a CD and music section, and the site is very handy. The company has dedicated to update its departments and products rendering to the changing needs of consumers.
Dark Ambient Radio
Dark Ambient Radio is an online streaming platform which offers handcrafted streams from the finest, darkest tracks. Its first compilation CD is accessible for 1 BTC.
Long Player
Long Player is intended to play a self-extending, non-repeating compositions of Jem Finer, and is likely to continue for 1000 years (starting 2002).
Tradebit
Tradebit, is a major download store with over 2 million downloads, is accepting bitcoin payment. It is a secure digital content bazaar which allows users to sell and buy downloadable products on its website.
Bittunes
Bittunes was created to make a global music system. It launched an Android app that allows artists with the rights to music to share sales profits with their fans, through Bitcoin. The app is available in 100 countries and currently has over a million users.

Download XcelPay app- a go to cryptocurrencywallet on Android or IOS app stores, to avail services and products on these platforms.

Comments

Post a Comment

Popular posts from this blog

Mastercard, Ripple and Binance join Blockchain Education Alliance.

Image
The Blockchain Educational Alliance, created by the MouseBelt blockchain accelerator , has gained several noteworthy new members. Ashley Meredith, director of the MouseBelt Blockchain Accelerator University program, told Cointelegraph on February 11 that the new entrants included Behemoth Mastercard, a payment processing company, Binance X , an innovative large-scale cryptocurrency exchange unit, Ripple Spring accelerator and KuCoin cryptocurrency exchange . NEO’s smart contract platform, IoTeX’s Internet of Things startup, Quantstamp blockchain security company, and Constellation Labs big blockchain chain service have also joined the alliance. According to the official website, the Blockchain Education Alliance aims to support education “so that students gain the skills, connections, and knowledge needed to contribute to the blockchain ecosystem.” At the time of its launch in October 2019, the alliance included the Star Development Fund, Tron, Hedera, Icon, ...
Read more

The Lithuanian marathon uses cryptocurrencies to reward its runners.

Image
More than 15,000 runners ran through the streets of the capital of Lithuania . Four thousand of these runners used the Lympo Run blockchain application to track their race, and earned on this cryptocurrency. The creators of the Lympo Run fitness app has partnered with the organizers of the marathon in Vilnius , sponsoring a sporting event and offering runners an app to earn c ryptocurrencies . The founder and head of the company, Ada Jonushe, wrote about this startup on his Medium blog: “It is very inspiring when you see that people like the application and they receive rewards for achieving goals. We still have many tasks ahead, but it was really a great start and a major milestone in the history of Lympo.” Lympo has set itself the goal of creating a three-component ecosystem: users will be able to track their workouts, receive currency  — LYM tokens as a reward for achieving sports goals; Tokens can be spent on the purchase of goods and services on the Lymp...
Read more

Understanding Blockchain Network

Image
To understand a blockchain network system, first we need to look at the existing network system.   Our systems are centralized in nature, all information flows in and out of one point, which gives the person accessing it full authority over the network database and all of its users. The collapse of this main point of contact will result in the loss of all the information stored away over the of time. On the other hand, nodes make up a blockchain network , no one single information is stored in a single place, but are dispersed among different devices, within the network they are called peers. Since the responsibilities of maintaining the network are given to the peers it is known as Peer to Peer network or P2P, Peers also provide the network with power to store data. The network is an ecosystem of computers that improve security. This gives it the potential to bring about a new system of supply chain management, governance and more, making the world fair. The blockc...
Read more