Topic: New Crypto Launches and Bans: This Week’s Update (Read 114 times)
Blockchain News in Sweden: Innovative Blockchain Applications
Sweden keeps using blockchain for property transactions, expands its crypto exchange and plans to launch E-Krona. These and other news of Swedish crypto world are here in the digest.
https://a.radikal.ru/a36/1809/28/b4d1eca03f26.jpg
Blockchain in energy sector
From May, 2017 – Vattenfall, the energy company owned by the Swedish state, experiments with blockchain technology in the energy sector.
The organization has joined forces with 22 European firms to enable peer-to-peer transactions on the energy market with DLT.
According to companies, decentralization of the energy industry will help to reduce costs due to the elimination of the middle parties.
Mining
March, 2018 – Software company Symantec Corp has reported that Sweden becomes a cryptojacker oasis.
Cryptojackers are stealing the capacity and energy to mine crypto coins. According to Symantec, in this case, hackers don’t put themselves under risk.
Sweden is countries with high-power computers and big interest in crypto coins, therefore, illegal mining is widespread there.
E-Krona
March 30, 2018 – Sweden is planning to release its own national cryptocurrency E-Krona based on IOTA.
Riksbank – The Swedish Central Bank sees the national crypto coin as the equivalent to traditional fiat currency. However, it is going to be used for minor transactions.
To launch E-Krona, CB has partnered with 19 other organizations, and the project is expected to ready by late 2019.
Crypto exchanges
June 13, 2018 – The Swedish crypto exchange, BTCX, has acquired a crypto trading platform Nova.
Now the exchange is planning to expand to most of the world countries and to add new digital coins ton the trading list.
Let’s remember that in June 2017, the exchange platform was joined by the member of Swedish Parliament Mathias Sundin. The politician’s aim was to bring attention to one of the oldest European BTC exchanges.
Property transactions on blockchain
June 15, 2018 – Swedish land-ownership authority, the Lantmäteriet, and a group of partnering banks and companies have completed the third phase of the blockchain pilot project regarding land ownership.
Together with such organizations as SBAB Bank and Landshypotek, companies have testified property transactions with DLT. For instance, they have conducted a transaction between a buyer and a seller with the digital signature verification.
The advantage of DLT use in real estate industry is the risk reduction and elimination of paperwork.
https://youtu.be/74PX-ywIkG8
Source: https://bit.ly/2PCriut
Sweden keeps using blockchain for property transactions, expands its crypto exchange and plans to launch E-Krona. These and other news of Swedish crypto world are here in the digest.
https://a.radikal.ru/a36/1809/28/b4d1eca03f26.jpg
Blockchain in energy sector
From May, 2017 – Vattenfall, the energy company owned by the Swedish state, experiments with blockchain technology in the energy sector.
The organization has joined forces with 22 European firms to enable peer-to-peer transactions on the energy market with DLT.
According to companies, decentralization of the energy industry will help to reduce costs due to the elimination of the middle parties.
Mining
March, 2018 – Software company Symantec Corp has reported that Sweden becomes a cryptojacker oasis.
Cryptojackers are stealing the capacity and energy to mine crypto coins. According to Symantec, in this case, hackers don’t put themselves under risk.
Sweden is countries with high-power computers and big interest in crypto coins, therefore, illegal mining is widespread there.
E-Krona
March 30, 2018 – Sweden is planning to release its own national cryptocurrency E-Krona based on IOTA.
Riksbank – The Swedish Central Bank sees the national crypto coin as the equivalent to traditional fiat currency. However, it is going to be used for minor transactions.
To launch E-Krona, CB has partnered with 19 other organizations, and the project is expected to ready by late 2019.
Crypto exchanges
June 13, 2018 – The Swedish crypto exchange, BTCX, has acquired a crypto trading platform Nova.
Now the exchange is planning to expand to most of the world countries and to add new digital coins ton the trading list.
Let’s remember that in June 2017, the exchange platform was joined by the member of Swedish Parliament Mathias Sundin. The politician’s aim was to bring attention to one of the oldest European BTC exchanges.
Property transactions on blockchain
June 15, 2018 – Swedish land-ownership authority, the Lantmäteriet, and a group of partnering banks and companies have completed the third phase of the blockchain pilot project regarding land ownership.
Together with such organizations as SBAB Bank and Landshypotek, companies have testified property transactions with DLT. For instance, they have conducted a transaction between a buyer and a seller with the digital signature verification.
The advantage of DLT use in real estate industry is the risk reduction and elimination of paperwork.
https://youtu.be/74PX-ywIkG8
Source: https://bit.ly/2PCriut
This week has brought changes both in favour and against crypto market. We are suggesting discovering what is going on in the blockchain sphere.
McDonald’s Launched Its Own Cryptocurrency
https://www.smileexpo.ru/public/userfiles/news/%D0%93%D0%BE%D1%80%D0%B4%D0%B5%D0%B9%D0%BA%D0%BE/Litvin/3434.jpg
Popular fast food restaurant McDonald’s has launched its own crypto coin – MacCoin – to celebrate the 50th anniversary of Big Mac.
The brand will distribute more than 6.2 million coins in over 50 countries. They exist in 5 different designs acting as symbols for 5 Big Mac’s decades. Buyers of burgers will receive digital coins and then, they will be able to use them to get a free Big Mac.
Crypto Exchange Radar Relay Has Raised $10 Million
Decentralized exchange Radar Relay has raised $10 million via funding round “A” for future development.
https://www.smileexpo.ru/public/userfiles/news/%D0%93%D0%BE%D1%80%D0%B4%D0%B5%D0%B9%D0%BA%D0%BE/Litvin/pppp.jpg
The round was led by the investment company Blockchain Capital. Among the partakers there also were Tusk Ventures, Distributed Global, SV Angel, Digital Currency Group and other corporations.
Radar Relay plans to use the raised capital to expand its team and launch new projects.
Stellar Has Become the Best Crypto Coin of July
Comparing Stellar to other huge cryptocurrencies, it was the most outstanding one in July 2018. Unlike other coins, Stellar has shown around 40% monthly rise in price.
https://www.smileexpo.ru/public/userfiles/news/%D0%93%D0%BE%D1%80%D0%B4%D0%B5%D0%B9%D0%BA%D0%BE/Litvin/%D0%B2%D1%81%D0%B2.jpg
Also, it is supposed to appear at Coinbase soon – news about that also influenced the increased price rate. Moreover, a lot of startups including the Kik messenger have started to use Stellar’s technology during the last months.
Upcoming Ripple Conference Will Be Opened with Bill Clinton’s Speech
https://www.smileexpo.ru/public/userfiles/news/%D0%93%D0%BE%D1%80%D0%B4%D0%B5%D0%B9%D0%BA%D0%BE/Litvin/Ripple-Announces-Former-President-Bill-Clinton-to-Keynote-at-Swell-Conference.jpg
Former U.S. President Bill Clinton will open the Ripple’s Swell conference with his speech. The conference will take place at the beginning of October in San Francisco.
According to Ripple’s press release, the conference headliner has assisted growing technologies and Internet adoption. Clinton will also take part in the Q&A session.
Google Has Banned Mining Apps in Its Play Market
Google Play Market which is offering digital apps has banned crypto mining applications for devices. Currently, it only allows to use apps that control mining remotely.
https://www.smileexpo.ru/public/userfiles/news/%D0%93%D0%BE%D1%80%D0%B4%D0%B5%D0%B9%D0%BA%D0%BE/Litvin/%D1%81%D0%BC%D1%81%D0%BC%D1%81%D0%BC%D1%81%D0%BC.jpg
Google has already acted against crypto coins before – in April it stopped accepting Chrome extensions which mine cryptocurrencies.
Be aware of what’s going on in crypto world and follow the news at the Blockchain & Bitcoin Conference Stockholm website https://bit.ly/2vqS01z
McDonald’s Launched Its Own Cryptocurrency
https://www.smileexpo.ru/public/userfiles/news/%D0%93%D0%BE%D1%80%D0%B4%D0%B5%D0%B9%D0%BA%D0%BE/Litvin/3434.jpg
Popular fast food restaurant McDonald’s has launched its own crypto coin – MacCoin – to celebrate the 50th anniversary of Big Mac.
The brand will distribute more than 6.2 million coins in over 50 countries. They exist in 5 different designs acting as symbols for 5 Big Mac’s decades. Buyers of burgers will receive digital coins and then, they will be able to use them to get a free Big Mac.
Crypto Exchange Radar Relay Has Raised $10 Million
Decentralized exchange Radar Relay has raised $10 million via funding round “A” for future development.
https://www.smileexpo.ru/public/userfiles/news/%D0%93%D0%BE%D1%80%D0%B4%D0%B5%D0%B9%D0%BA%D0%BE/Litvin/pppp.jpg
The round was led by the investment company Blockchain Capital. Among the partakers there also were Tusk Ventures, Distributed Global, SV Angel, Digital Currency Group and other corporations.
Radar Relay plans to use the raised capital to expand its team and launch new projects.
Stellar Has Become the Best Crypto Coin of July
Comparing Stellar to other huge cryptocurrencies, it was the most outstanding one in July 2018. Unlike other coins, Stellar has shown around 40% monthly rise in price.
https://www.smileexpo.ru/public/userfiles/news/%D0%93%D0%BE%D1%80%D0%B4%D0%B5%D0%B9%D0%BA%D0%BE/Litvin/%D0%B2%D1%81%D0%B2.jpg
Also, it is supposed to appear at Coinbase soon – news about that also influenced the increased price rate. Moreover, a lot of startups including the Kik messenger have started to use Stellar’s technology during the last months.
Upcoming Ripple Conference Will Be Opened with Bill Clinton’s Speech
https://www.smileexpo.ru/public/userfiles/news/%D0%93%D0%BE%D1%80%D0%B4%D0%B5%D0%B9%D0%BA%D0%BE/Litvin/Ripple-Announces-Former-President-Bill-Clinton-to-Keynote-at-Swell-Conference.jpg
Former U.S. President Bill Clinton will open the Ripple’s Swell conference with his speech. The conference will take place at the beginning of October in San Francisco.
According to Ripple’s press release, the conference headliner has assisted growing technologies and Internet adoption. Clinton will also take part in the Q&A session.
Google Has Banned Mining Apps in Its Play Market
Google Play Market which is offering digital apps has banned crypto mining applications for devices. Currently, it only allows to use apps that control mining remotely.
https://www.smileexpo.ru/public/userfiles/news/%D0%93%D0%BE%D1%80%D0%B4%D0%B5%D0%B9%D0%BA%D0%BE/Litvin/%D1%81%D0%BC%D1%81%D0%BC%D1%81%D0%BC%D1%81%D0%BC.jpg
Google has already acted against crypto coins before – in April it stopped accepting Chrome extensions which mine cryptocurrencies.
Be aware of what’s going on in crypto world and follow the news at the Blockchain & Bitcoin Conference Stockholm website https://bit.ly/2vqS01z
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