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The Mexican state of Tamaulipas is using GrainChain’s blockchain and IoT software for tracking major grains. Blockchain-powered agricultural project GrainChain has partnered with the Mexican state of Tamaulipas to expand its grain tracking service in the country, Forbes reports May 2. According to the report, the Tamaulipas government is now using GrainChain’s software for tracking major grains such as sorghum, soybean and corn. Implementing GrainChain’s blockchain-enabled tracking tools is expected to bring more transparency in the grain supply chain by automating data records and providing more clarity to the way grain is traced from the field to the end marketplace. GrainChain’s software can purportedly verify the authenticity of the grain and identify its source. Combined with Internet of Things (IoT) technology, the application of blockchain tech will purportedly provide more precise tracking of data and reliability for the commodity, as well as accelerate various processes. GrainChain CEO Luis Macias said…

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Ethereum has seen a very good 90-day period where price action has increased by a total of 49%. The… The post Ethereum ETH Price Prediction For May: Can It Rise By 24% To Hit the Target of $208? appeared first on Invest In Blockchain.

Qtum releases a new instant virtual machine service on Google’s Cloud Platform.

Michael Morton, the chief technology officer of Dell Boomi, recently spoke at the Dell Tech World event in Las… The post Dell CTO Says Blockchain Will Be Integrated Into Fortune 100 Companies Within 12-24 Months appeared first on Invest In Blockchain.

Ethereum Foundation researcher Justin Drake affirmed that plans to finalize code for ethereum’s proof-of-stake blockchain were on track for June 30.

Ethereum Foundation researcher Justin Drake affirmed that plans to finalize code for ethereum’s proof-of-stake blockchain were on track for June 30.

Ethereum was in the spotlight again after a new report by Hard Fork gave an insight into the major events surrounding the platform in Q1 of 2019, and the events slated for Q2. Notably, the report revealed that in Q1, out of the top 50 decentralized applications in the space on Dapp radar, only three projects were built on Ethereum, with 26 built on EOS and the rest on Tron. The reason for developers to opt for EOS and Tron over Ethereum was reported to be its scaling problems, which Ethereum is planning to resolve by migrating to Proof-of-Stake from Proof-of-Work. Apart from this, the report also stated that the other prominent event was the Constantinople hard fork, which was delayed in the beginning of January 2019, due to a security issue pointed out at the last minute. The Hard Fork round-up stated, “Had the update happened, the vulnerability would…

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When it comes to different altcoins on the market today, traders often keen an eye on Dogecoin. While this is still considered to be the joke currency of the internet, the market cap of DOGE tends to remain fairly stable. Now that the Dogecoin price is on the rise again, it is certainly possible all of the other markets will head in the same direction moving forward. Dogecoin Price Offers Signs of Hope Although the past few days have not been overly negative for any of the cryptocurrency markets, it is always good to see some positive momentum brewing behind the scenes. When even Dogecoin can inch ahead, it is only a matter of time until the other markets attempt to follow the same. As long as Bitcoin remains in the green, there is no reason to expect a market reversal. Over the past 24 hours, the Dogecoin price has…

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When it comes to different altcoins on the market today, traders often keen an eye on Dogecoin. While this is still considered to be the joke currency of the internet, the market cap of DOGE tends to remain fairly stable. Now that the Dogecoin price is on the rise again, it is certainly possible all of the other markets will head in the same direction moving forward. Dogecoin Price Offers Signs of Hope Although the past few days have not been overly negative for any of the cryptocurrency markets, it is always good to see some positive momentum brewing behind the scenes. When even Dogecoin can inch ahead, it is only a matter of time until the other markets attempt to follow the same. As long as Bitcoin remains in the green, there is no reason to expect a market reversal. Over the past 24 hours, the Dogecoin price has…

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By CCN.com: According to Zirui Zhang, the head of business development at Neutral Project, a stablecoin backed by Sequoia Capital, a major venture capital firm with $1.4 trillion of market value, some crypto exchanges in China has listed Bitfinex token futures contracts. Latest: some exchanges in China already listed #bfx token’s futures contract… people are trading over there based on the assumption that there’s not enough evidence and court will delay its decisions… 🤔 #USDT #Tether pic.twitter.com/qHipAaqKv1 — Zirui 🧜🏻‍♀️ (@zirui_z) May 2, 2019 On April 30, CCN reported that Dong Zhao, a billionaire investor in Bitfinex, disclosed the plan The post Chinese Crypto Exchanges List Bitfinex Token Futures after $850 Million Tether Scandal appeared first on CCN

Brian Armstrong, the CEO of cryptocurrency exchange Coinbase, is urging cryptocurrency users to use more trustworthy stablecoins such as… The post Coinbase CEO Suggests Using USDC Stablecoin Instead of Tether appeared first on Invest In Blockchain.

The London Stock Exchange is waiting to see which blockchain use cases gain traction before taking the plunge itself, CEO Nikhil Rathi has said.

The South Korean financial regulator authorized nine companies, some of which use blockchain, to operate in the sandbox. The South Korean Financial Services Commission (FSC) has authorized nine fintech companies to operate in the country as part of a regulatory sandbox, English-language local media The Korea Times reported on May 2. Per the report, the regulator has named the aforementioned nine startups and companies to provide innovative services using blockchain, fifth-generation telecommunications and other new technologies. The development is reportedly part of a broader financial regulatory sandbox initiative launched last January. The sandbox will reportedly include new financial services being offered for a trial period of up to four years without regulatory limits. A service provided by the Woori Bank enabling customers to exchange currency and withdraw cash at restaurants and parking lots near the airport is also reportedly part of the sandbox. The companies that use blockchain have not…

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By CCN.com: Ripple Labs moved 1 billion XRP out of escrow yesterday, currently valued at around $300 million. Part of a monthly transfer, Ripple reportedly moves any excess funds back into escrow at a later time, or in the case of last month’s escrow, waits until next time to use any. The 55 billion XRP escrow account was created about two years ago to ensure liquidity and supply. Business as usual XRP’s reported 24-hour volume was over $850 million by press time, meaning that if the entire amount had been liquidated, it would likely have had a ripple effect at The post 1 Billion XRP: Ripple Dips Into Escrow Wallet to Move $300 Million in Crypto appeared first on CCN

The Hong Kong-listed blockchain investor plans to enter the cannabis market to counter the adverse impact of the crypto winter. Hong Kong-listed contractor turned blockchain investor Grandshores Technology — backed by the Hangzhou municipal government — plans to enter the medicinal and industrial cannabis market in a bid to counter the adverse impact of crypto winter. The development was revealed in a report from local English-language newspaper the South China Morning Post on May 2. The firm’s co-chairman Yao Yongjie has reportedly stated that industrial cannabis cultivation will become the company’s new business focus, drawing on resources previously reserved for global blockchain investment. Yao —  a founding partner of the local government-backed Hangzhou Grandshores Fund — spoke with SCMP shortly after a stock exchange filing with the Hong Kong Stock Exchange indicated that Grandshores Technology’s recently-invested Hangzhou unit had signed a cooperation agreement with a hemp research institute in the…

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A new startup is looking to make diamonds as attractive to institutional investors as gold.

Everyday consumers save various mileage points in market activities such as airline mileage, credit card points etc. Every platform says the user can use the saved points like cash, but it doesn’t make sense. For it’s hard to save a valid amount during a short expiration date, and each platform has its own different mileage policies. So in South Korea 1.2 billion dollar amount points only in credit card and mobile business discarded user could apply for practical usage. Korean financial department estimates over 1 trillion mileage point discarded every year. What if could we store the points safe regardless The post AP Company, Constructing Blockchain based Decentralized Mileage Unifying & Sharing Platform appeared first on CCN

London Stock Exchange CEO Nikhil Rathi believes that blockchain can find some use in securities issuance and trade settlement. The CEO of the London Stock Exchange (LSE), one of the world’s oldest stock exchanges, believes that blockchain could have a use in issuing securities and settlement. CNBC reported on the CEO Nikhil Rathi’s comments on May 2. Speaking in an interview, Rathi noted that distributed ledger tech (DLT) could potentially play a role in the United Kingdom’s stock market. Specifically, Rathi expressed confidence about blockchain applications used in the issuance process, adding that he can also see the technology also being used for settlement. The stock exchange’s CEO emphasized that the adoption of blockchain in capital markets needed to be carried out with caution due to some extreme manifestations of innovation in the crypto industry. Still, Rathi stated that he encourages technological competition and innovation in the capital market business.…

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Ethereum (ETH) – the second largest digital currency by market cap – is an upgrade to Bitcoin (BTC) – the largest digital currency by market cap. The blockchain of Ethereum is superior to that of Bitcoin, and the native currency used on the network is ether or ETH. Ethereum provides a platform for startups and developers to create smart contracts and decentralized applications. Its platform has been useful over the past years. Since its emergence, the price of Ethereum has greatly improved. Continue reading Ethereum (ETH) Might Experience an Increased Level of Volatility over the Next Six Months at Smartereum.

By CCN.com: The London Stock Exchange (LSE) is weighing the benefits of using blockchain technology for issuing stock and settling trades. In an interview with CNBC, the LSE chief executive Nikhil Rathi said he was inspired by early blockchain initiatives at other stock exchanges, and sees the benefit of distributed ledger technology: “You can certainly see distributed ledger technology having an application in the issuance process… I can see that technology being used in settlement too.” LSE, the world’s sixth-largest exchange, has been surprisingly open to blockchain technology. Earlier in 2019, the exchange led a $20 million investment round in The post Blockchain Will Revolutionize 300 Years of Stock Trading: London Stock Exchange appeared first on CCN

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