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The Chinese investment platform Rhino Data , in collaboration with the pro-government publication Xinhua Finance , presented a report on investments in the blockchain industry in 2019. This is stated on the official website of the company. How blockchain helps protect copyright and fight piracy. In this segment, in the Chinese blockchain space , analysts managed to count 245 investment transactions totaling about $ 3.5 billion . Both values ​​fell by about 50% compared to 2018, but turned out to be significantly higher than in 2017. It is expected that the recently taken course by the Chinese leadership on the development of the blockchain will have a positive impact on the results of the current year. Over time, there has been a decline in investment in projects at an early stage of development — in the total volume of investments, they accounted for 43%. In the second half of the year, strategic investments and acquisitions of third-party companies were more in dem...

Uzbekistan announced the creation of a single national mining pool and the state cryptocurrency exchange. The National Project Management Agency ( NAPM), the government body under the President of Uzbekistan, has unveiled its plans for the development of the digital economy for 2020 . In order to increase the efficiency of electricity use, state control and ensure transparency of crypto mining, NAPM offers miners to consolidate production in a single center. Miners will be offered preferential electricity tariffs and the ability to sell cryptocurrencies on the country’s first licensed cryptocurrency exchange. According to regulators, the national mining pool and managed crypto-exchange will help to remove Uzbek miners from the shadow economy and make the cryptocurrency market as transparent as possible. Earlier, Uzbekistan legalized cryptocurrency operations and introduced mandatory licensing of crypto exchanges , which attracted many private miners and cr...

Binance has allocated funds to combat the epidemic of coronavirus The largest cryptographic site , Binance , has led a charity initiative in support of victims of the Chinese coronavirus , which began to spread around the world from Wuhan . CEO Binance, in a tweet published on January 25, said the company was ready to provide “10 million yuan ($ 1.4 million) to fight coronavirus in China.” Changpeng Zhao noted that it is not possible to transfer crypto assets directly to victims in Wuhan. Therefore, the company will allocate funds for the purchase of medicines and personal protective equipment. The Binance team has been working with logistics and e-commerce companies over the past few days to arrange deliveries to a closed city. The company has already placed an order for seventy thousand medical masks, as they are in short supply in the region. The issue of delivery to an infected city is still open. Other cryptocurrencies have also begun a charity fundrai...

Akon, 45, is building a new futuristic cryptocurrency city in Senegal . Residents of this city will use and pay exclusively for a cryptocurrency called AKoin. According to an American singer of Senegalese descent, the new cryptocity will be built on 2,000 acres of land and is located near the capital of Senegal, a 5-minute drive from the new international airport. While the city’s project is still under development, it could take decades to build. The first phase of construction began in March last year, the second is scheduled to begin by 2025. The life of the city will revolve around a cryptocurrency called AKoin , the launch of which is scheduled for early July this year. Users will be able to buy goods using AKoin directly from their smartphones, which theoretically will stimulate cryptocurrency and financial stability in the urban infrastructure. Akon admits that he does not delve into the technical details of the project, but focuses more on the big...

Venezuela begins selling oil for Petro tokens. Venezuelan President Nicolas Maduro announced the start of sales of Venezuelan oil for the national cryptocurrency Petro . The president said that not only oil, but also Venezuelan steel, iron and aluminum will be shipped for Petro. Later, Venezuelan gold will be added to this list. Nicolas Maduro has already signed a decree on the sale of 4.5 million barrels of oil produced by the state-owned company Petroleos de Venezuela SA for Petro cryptocurrency. Speaking to the Constituent National Assembly, Maduro said that soon all transactions for the sale of oil will be carried out in the national cryptocurrency. Launched in February 2018, the Petro coin is provided by Venezuelan gold and oil. The Venezuelan government assures that the currency is provided with a huge oil reserve and is actively promoting the use of the national cryptocurrency as an alternative to the US dollar. Maduro claims that the Petro coi...

Samsung will develop artificial intelligence for the benefit of people. Samsung joined the Partnership on Artificial Intelligence for the Benefit of People and Society (PAI), which was created in 2016 for the joint work of public, scientific and IT organizations in the development of artificial intelligence technologies. Samsung continues to develop its program of products and services for a convenient “networked lifestyle” (Connected living). The company is opening new centers of artificial intelligence , working on the creation of new technologies, and now has joined the Partnership on Artificial Intelligence for the Benefit of People and Society, a platform for discussions, research and the creation of best practices in the field of AI technologies . PAI was established in 2016 and is an industry technology consortium that conducts research, development and promotes artificial intelligence technologies in society. Currently, the organization includes more than 70 par...

Africa Blockchain Institute to open blockchain school in Rwanda. The Africa Blockchain Institute (ABI) announced that in 2020 it will open the first blockchain school in Rwanda with five new courses for local developers, industry professionals and officials. ABI Executive Director Kayode Babarinde explained that the courses will focus on the basics of distributed ledger technology and the use of blockchain in the corporate industry, as well as in marketing and law. Babarind noted that before the school was opened in Rwanda, an experimental course was conducted in Ghana in order to receive feedback from “students” and to know their further wishes. Based on the experience of the participants in this pilot course, the curriculum of the Rwandan school had to be reviewed and necessary changes added. Kayode Babarinda also emphasized that the support of Norbert Haguma, Chairman of the Blockchain DLT Rwanda Association, has become a key factor in opening a school i...