Welcome to the most important cryptocurrency news of November 13th, 2018. Swiss Federal Railway – First Digital Identity Pilot on Ethereum Blockchain This is not the first blockchain related project that Switzerland created. Last year, City of Zug had a government verified citizen ID on a public blockchain. This was created with the help of uPort alongside with ConsenSys. Right now, together with Linum Labs – SBB wanted to create a new blockchain related venture that could bring some real business value. SBB manages over 30,000 employees across Switzerland. And SBB decided to create a solution that could a) Verify...
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The Beginning of Ethereum 2.0
Ethereum 2.0 which has long been due has finally been announced today through ConsenSys’s official blog. The whole process of Ethereum 2.0 will contain four different levels of chains which include the existing Proof-of-Work (PoW) Main Chain of Ethereum, and add Beacon Chain, Shard Chains and Virtual Machine layer. Ethereum 2.0 will begin with the deployment of Beacon Chain which is a proof of stake Blockchain. Beacon Chain is said to be completed by the end of 2018, with the main testnet in Q1 of 2019. The other two chains which are Shard Chains and Virtual Machine chain will be...
Daily Cryptocurrency News – 12th November 2018
Here are the most important headlines of 12th November 2018 in the cryptocurrency space: IOTA Invited To The Frankfurt European Banking Congress, Bosch & IOTA Explained It seems like IOTA will have a productive November. Among the top speakers from the financial sector – there’s also a representative of IOTA. Dominik Schiener, the Co-founder of IOTA token will talk at the Economic Congress Germany. The topic of the discussion will be about the chances of DLT for companies – more exactly: The Blockchain Revolution – a Business Opportunity?. The news were officially reported by Sueddeutsche.de – a well known news website from...
Ripple Breaks into Chinese Payments Market
Ripple’s cross-border technology will soon entice the Chinese public thanks to American Express being approved in the country. American Express will now be able to resolve payments in Yuan which is done through LianLian Group. The joint venture between AmEx and LianLian Group is called ‘Express [Hangzou] Technology Services Co.’ LianLian Group is a customer of xCurrent which is Ripple’s technology used for settling the e-commerce and cross-border payments of China. AmEx becomes the first American payment company to have direct access to China’s e-commerce market. It will not use UnionPay which is a Chinese state monopoly consortium. Ripple has...
Daily Cryptocurrency News – 11th November 2018
Here are the most important headlines of 11th November 2018 in the cryptocurrency space: Ethereum’s Constantinople Upgrade – Possible to Happen In January Ethereum enthusiasts have something to be happy about. In the last meeting, there were two dates proposed for the future Constantinople upgrade – January 12th and January 16th. The dates were set to be at that time so that the holiday season would pass. If this is a viable option (can’t completely judge the overall effort needed to get this in place + communicate this), I would like to make the following adopted timeline suggestion: December 10th (Monday),...
Frankfurt School of Finance And Management Digitizes Certificates Using Blockchain
Frankfurt School of Finance & Management (FS) in Germany has partnered up with Consensys to digitize educational certifications using Blockchain. Thanks to Blockchain the time-consuming issue of verifying and authenticating a certificate will become faster and more efficient. The number of forged certificates lead to many educational centers like the FS failing in reputation. Many times students lose important certifications, leading to long-term issues such as being noted as an expert for a particular job. Blockchain helps eliminate forgery from the educational system along with storing educational certificates so that it is available any time for the permissible applicant. FS...
Daily Cryptocurrency News – 10th November 2018
Here are the most important cryptocurrency news of 10th November 2018: MUFG Bank Exploring Ripple’s Technology for New Service MUFG – THe largest bank from Japan is now exploring Ripple’s technology for their new cross-border payment service. The service will be available between Mitsubishi UFJ Financial Group (MUFG) and Banco Bradesco – one of the largest bank in Brazil. Both banks have a long history – MUFG has over 360 years of history while Branco Bradesco was founded in 1943 in the city of Osasco, São Paulo. There was a memorandum signed between this two yesterday. And it also caught...
Daily Cryptocurrency News – 9th November 2018
Welcome to the daily news of 9th November 2018. Here are the most important headlines for today: Bitmain Layout 90,000 Mining Machines & More details about the future Bitcoin Cash Fork The battle of billionaires is starting. Apparently, Roger Ver and Craig Wright couldn’t decide on the future of Bitcoin Cash. Therefore, on November 15th – the BCH will split into two rival chains: Bitcoin Cash ABC – Roger Ver’s side and Bitcoin Cash SV – Created by Craig Wright. This comes as a results of Ver and Wright disagreeing over the BCH’s future.The feud caught the fans attention, and...
Coinbase.com Adds Brave’s BAT Leading to Traders ‘Selling the News’
Basic Attention Token (BAT) has created a name for itself thanks to revolutionizing and starting web 3.0 by being the native currency of the decentralized web browser Brave. Now it comes into mainstream trading by being listed on Coinbase a week after being listed on Coinbase Pro. Coinbase made the announcement, stating that its users can now buy, sell, trade and transact with BAT on its cryptocurrency exchange platform on desktop along with the mobile versions. However, BAT will not be available for trading for residents in the state of New York on both Coinbase and Coinbase Pro as of...
Daily Cryptocurrency News – 8th November 2018
Here are the most important cryptocurrency news of November 8th, 2018. More Than 1075 BTC Have Been Traded in Venezuela Last Week As you may know, Venezuela is going trough hard times. According to Reuters, Venezuela just hit an annual 833,997% in October 2018. And the experts think it will grow even more. This led a high majority of the population to exchange its national currency to BTC. The 1075 BTC exchanged last month were only from the people that used the LocalBitcoins platform; But the reality is the number is way more higher, as some of the people don’t...
