Posts

Crusoe Energy will offer oil companies to use surplus natural gas for cryptocurrency mining.

Image
Crusoe Energy Systems has announced the development of mobile modular data centers that can be used for mining cryptocurrencies , consuming the excess gas remaining in oil production. It is reported that with the help of such mobile data centers, oil producing companies will be able to stop burning excess gas and use it for cryptocurrency mining . This will also reduce emissions of carbon dioxide, volatile organic compounds and nitric oxide immediately by 99%. “We are committed to developing new technologies to reduce emissions from gas flaring that can cope with the large gas flow generated by shale oil producers in North America. Crusoe technology enables the use of wasted energy for growing industries that require energy-intensive computing. For example, for the areas of blockchain and artificial intelligence, ”said Chase Lochmiller, co-founder and head of Crusoe. The company has already received more than $ 4.5 million investment in the development of appropriat...

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, ...

BlockchainUA is close!

Image
BlockchainUA is proud to announce the eighth international conference to be held on March 20, 2020 in Kyiv and to bring together a strong blockchain community in Ukraine and Europe! The main blockchain event of Ukraine is already close! For several years in a row, the strongest community in the field of blockchain and decentralized technologies has come together to share experiences and exchange ideas for the development of the industry. International experts will arrive from different parts of the world to perform on March 20 in Kiev on the stage of BlockchainUA. BlockchainUA brings together over 1000 blockchain entrepreneurs, investors, blockchain enthusiasts, IT experts and media from around the world each year to discuss topical topics in blockchain and decentralized technology. Step by step, we all together create a favorable business environment in Ukraine in a rapidly growing ecosystem. The first BlockchainUA took place in 2016 and has since become an internat...

Blockchain becomes more prevalent in sports.

Image
Can an industry like sports take advantage of the blockchain technology ?  The answer is ‘Yes.’ Blockchain has received friction in the world of sports in recent months. Earlier in January, news developed that the National Basketball Association’s Sacramento Kings will shift off a live auction for gear with a blockchain-based app. The platform purportedly validates auction items, mending problems that have long bothered gearhungry fans. Last year, the Italian luxury sports car brand Lamborghini started utilizing Salesforce Blockchain to track , certify and authenticate heritage Lamborghini cars quicker and more securely employing its blockchain platform. Malta-based sports blockchain venture Chiliz announced that it is launching a cryptocurrency exchange for sports and entertainment tokens. Lancashire sales director John Nuttal explained that online ticketing has become increasingly popular in recent years, so it’s time to introduce the latest t...

The new generation of smartphones Samsung Galaxy S20 will support cryptocurrencies and tokens.

Image
Cryptocurrency support is not a selling point for Samsung’s new Galaxy S20 During the Unpacked event on February 11, 2020, Samsung announced a new generation of smartphones called the Galaxy S20 — specializing in providing advanced cameras, 5G technology and the ability to store cryptocurrencies of a friend. However, unlike previous Samsung phones such as the Galaxy S10s. The Galaxy S20 doesn’t seem to care about promoting Blockchain and cryptocurrency. Although they previously advertised their phones with Blockchain, they announced supported cryptocurrencies and eventually added bitcoins. But this time, Samsung hardly mentioned either cryptocurrency or blockchain. Source: Samsung However, the reason is not that the hype around cryptocurrency is slowing. It seems that phone makers are gradually feeling blockchain ads and cryptocurrency technologies. Most people are interested in the other features provided by the S20. Theoretically, each smartphone is compatible wi...

Bahamas Central Bank to issue its own digital currency by the end of 2020.

Image
Bahamas Central Bank Chairman John Roll announces digital testing of the Bahamian dollar, which is scheduled to launch in the second half of 2020. The Chairman of the Bank represents the Project Sand Dollar Chamber of Commerce and the Bahamas Employers Confederation. As Roll explained, Project Sand Dollar is an electronic payment system for organizations and individual users that will act in accordance with local financial laws. In December, a pilot project was already launched on Exuma Island, and later cryptocurrency will be tested in the Abako region, where it was originally planned to launch the project. According to the report, about 2,000 people wanted to participate in the testing of the project by the Central Bank of the Bahamas. Roll added that the digital Bahamian dollar will not be different from the fiat currency of the Bahamas (BSD) and will only be its digital version. Cryptocurrency will be used only within the state, but after successful testing, ...

Nasdaq tests bitcoin asset trading.

Image
Nasdaq is negotiating with industry representatives and an unnamed partner regarding the advisability of creating such an instrument. Back in November 2017, the Wall Street Journal wrote that Nasdaq was developing a bitcoin-based futures product in conjunction with the US financial company Cantor Fitzgerald. There are two factors that can influence the final Nasdaq decision, Friedman said. First, the exchange wants to provide the market with a product that will be different from existing ones. In addition, she seeks to make sure that she can cope with all the risks inherent in cryptocurrency trading. “The first thing to understand when creating a new product is whether people will use it and will use it differently than they do now. Secondly, for this we must pass independent certification as a futures exchange. We would use our NFX license, but must make sure that we are fully prepared from the perspective of risk management. These are the two main issues that we continue t...

The environmental monitoring organization PlanetWatch tested devices for monitoring air quality.

Image
The environmental monitoring organization PlanetWatch tested devices for monitoring air quality and obtaining accurate meteorological data that will be stored on the Algorand blockchain. Algorand employee Kati Callaghan (Kati Callaghan) said that the devices are stationary sensors installed on homes, and mobile devices that you can carry and even fasten on public transport. For the collection and provision of data, sensor owners will receive PLANET tokens . The received data is downloaded to the system in real time, and after verification it is stored in the blockchain and is in the public domain. The system is already being tested in several Italian cities, as well as long-term trials in the Arctic. Claudio Parrinello, a former researcher and founder of PlanetWatch, said that all the devices have been thoroughly tested, and now the organization is negotiating with institutional investors. “We are already showing great interest in our project. In fact, using sen...

Iranian Crypto Mining Law. Iranian government issues cryptocurrency mining licenses.

Image
Iranian Crypto Mining Law Iran’s cryptocurrency mining industry has been regulated since last year. The Iranian government officially recognized cryptocurrency mining as an industry in August after months of deliberation, Aljazeera reported on Aug. 4, 2019. Crypto miner s must be licensed by the Ministry of Industry, Mine and Trade before beginning their operations. However, Amir Hossein Saeedi Naeini told Ibena that discussions are underway to set more favorable terms for crypto miners . Meanwhile, Iranian President Hassan Rouhani has been discussing creating a unified cryptocurrency for Muslim countries with leaders of other Muslim nations. Amir Hossein Saidi Naeyni, representative of the ICT Guild Organization, spoke about the state of the country’s cryptocurrency industry . In an interview with Ibena, he said that cryptocurrency mining is a new industry that attracts many in Iran. He noted that miners should obtain a license for work and said: “The Ministry...

Algorand blockchain used to control air quality.

Image
About PlanetWatch s.a.s. Planetwatch s.a.s ., is a high-tech startup based in France, less than a mile away from CERN . By leveraging synergically the Algorand blockchain , advanced data acquisition software developed at CERN and high-performance yet affordable air quality sensors developed by a major research institute, Planetwatch decentralizes, incentivizes and gamifies air quality monitoring. Planetwatch is going to deploy dense, low-cost air quality monitoring networks delivering real-time data and building the first global immutable ledger for historical air quality data. Algorand puts air quality test results on a blockchain. The DeFi-focused blockchain firm is teaming up with PlanetWatch to create an immutable record of global air quality test results Decentralized finance-focused blockchain firm Algorand has teamed up with French start-up PlanetWatch to put global air quality test results on a blockchain. A company spun off from the French physi...

The Nasdaq Stock Exchange is considering launching bitcoin futures.

Image
The Nasdaq Stock Exchange is considering launching bitcoin futures . This was announced by the CEO of the exchange Aden Friedman in Davos. CEO Adena Friedman said to Bloomberg that Nasdaq is still considering a variant of launching the Bitcoin futures product. During the interview at Bloomberg given to Erik Schatzker on the World Economic Forum in Davos, Nasdaq CEO Adena Friedman was discussing her LinkedIn post concerning” market economy”. She was also touching the cryptocurrency sphere , saying that Bitcoin future s are a viable option and that they have an unnamed partner helping to set everything up. Two Main Reasons Nasdaq Will Consider Regarding Bitcoin Futures After observing the market conditions, Nasdaq wants to bring up a viable solution that will be different from the competitors. This is a wise move, which is what good business gurus (like Guy Kawasaki, Richard Branson or Barry Feldman) typically advise to do. If you’re going to conquer some marke...

What are the conditions in Armenia for the blockchain business ?

Image
Armenia can become a very powerful ecosystem or a hub for blockchain technology , Henry Arslanyan, the first Asian teacher of the FinTech course at the University of Hong Kong , told reporters today in Yerevan. Henry Arslanyan said there is a great interest now in blockchain technology. In his words, these technologies and the crypto technology market can be very useful to many young people, startups and technology companies in Armenia not only in terms of Armenia, but also in terms of entering the world market. He said although blockchain is a new technology, there are startups in Armenia that work in this area, and an increase in the number of such companies is very important. “The blockchain in Armenia is still at an early stage and the ecosystem is very small, but at the world level, many leaders and experts are Armenians who specialize in this industry, and this potential can be used as well,” Arslanyan said. According to him, the capabilities of t...

Cricket Club Lancashire uses blockchain to sell tickets

Image
The United Kingdom’s Lancashire Cricket Club will trade tickets for all national and international fixtures at Emirates Old Trafford in 2020 by a blockchain-based platform. The management of the English cricket club Lancashire Cricket Club announced plans to use the blockchain-based system developed by the TIXnGO startup to sell tickets. According to the club’s management, blockchain will simplify the process of buying and reselling tickets , making it completely transparent. In addition, each ticket will be unique and impossible to fake. The development of the platform lasted about 18 months, and last year the system was successfully tested. The platform has been collectively developed with Lancashire’s ticketing service provider, SecuTis, and was favorably examined during the 2019 season. Excluding fraudulent tickets. By using the platform, the club aims to decrease fake tickets and trail ticket distribution amongst its supporters. Lancashire’s head o...

Hawaii Senate Files Bill Allows Banks Offer Cryptocurrency Custodial Services Hawaii crypto custody.

Image
Five lawmakers in Hawaii, a state in the US, have proposed a bill that could enable banks to hold and manage digital assets in their custody. The bill, Senate Bill (S.B.) 2594 was introduced last week and has passed its first reading. Once approved, the legislation would make it legal for Hawaiian banks to hold digital assets such as “ virtual currencies, digital securities, open blockchain tokens and digital consumer assets” on behalf of their customers. Part of the SB2594 put forward to the authorization of law courts to hear claims concerning digital assets. Hence, if passed, would equally enable Hawaiian courts to handle digital asset-related cases. The development is coming at a good time as it could turn things around for crypto-related businesses in the state , given that, Hawaii has been among the regions with stringent requirements for crypto firms. For instance, Coinbase, one of the leading crypto exchanges had to stop its operations in the state, d...

Tether launches gold stablecoin XAU ₮ tied to gold.

Image
This week, the crypto market saw a major development after the world’s largest stablecoin provider, Tether Ltd announced the launch of its highly-anticipated Tether Gold (XAU₮) token. Tether currently dominates the stablecoin market with a market cap of over $4.6 billion. Now, the firm seeks to transform the gold-backed token arena in much the same way. News first broke via a post from Tether’s management team. In the post, the firm spoke on Tether’s proven track record for product innovation in the sector. Also, developers discussed the new XAU₮ token and its functionality. Specifically, the post clarified that XAU₮ represents ownership of one troy fine ounce of physical gold on a specific gold bar. Tether Gold (XAU₮) As part of the Tether Gold strategy, executives decided it was better to maintain direct control over the physical gold storage. As such, the gold represented by XAU₮ resides in a high-security vault in the country of Switzerland. The post explains ...