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By CCN Markets: Jack Dorsey is all in on bitcoin. The tech entrepreneur, who is at the helm of both Twitter and Square, recognizes that cryptocurrency and the blockchain will become a “secular trend” in financial services going forward, according to an interview he did with Quartz in London. He doubled-down on his belief that there will be a “global currency for the internet,” and bitcoin remains the “strongest candidate” for the job. Dorsey likens the internet to the “equivalent of a nation state,’ saying that “it will have a currency native to itself” that will be free from the The post Jack Dorsey Expects Crypto, Blockchain to Be a ‘Secular Trend’ in Finance appeared first on CCN Markets

Tron [TRX] has been in the news multiple times recently, with its flurry of developments and updates. This progress was recently shown in the company’s latest DApp Weekly report, which touched upon Tron’s prowess in the DApp industry and its dominance over rivals, EOS and Ethereum [ETH]. Justin Sun, Chief Executive Officer of the Tron Foundation had tweeted, “There is a slight increase of #DApps on #TRON this week. The number of DApp has increased by 15, reaching 478. DAU has increased by 3000, maintaining at 59000. DApp transaction volumes maintain between 11M and 14M USD. Other data stay stable. #TRX $TRX” Tronbet was still the most dominant DApp on the Tron blockchain, followed by TronWoW and TronTrade. Tron’s diversification into separate industries with their tokens was also made evident with the organization teaming up with Bidali to provide more support to TRX and BTT tokens. The report also informed…

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Nevada is becoming a blockchain powerhouse as it passes a suite of bills designed to promote blockchain adoption

Major enterprise contract management service Icertis will expand its contractual offering with Microsoft. Major enterprise contract management service Icertis will collaborate with Microsoft to expand its blockchain-based contract solution, the company announced on June 11. By entering the collaboration, Microsoft will help Icertis to extend its Icertis Blockchain Framework, which is designed to enhance the transparency and efficiency of contractual frameworks using smart contracts technology. The Icertis Blockchain Framework offers a blockchain-powered solution to track contractual requirements and commitments, improving the quality of collaboration and accountability. The tool aims to solve various problems associated with contractual arrangements on the supply chain, including combating the use of child labor, conflict materials and tainted food distribution, as well as tracing pharmaceuticals. Specifically, the new partnership expands blockchain applications to contract management by implementing the Microsoft Azure Blockchain Workbench for Icertis Contract Management (ICM) platform for clients worldwide. The collaboration will also connect…

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Recently CryptoSlate ran an article exploring how the Litecoin price may move as we approach the next halving event, happening in less than two months. It has been observed that the price of Litecoin took a notable dip in the two months before the last halving, could history repeat itself? Is it already?

LocalBitcoins, one of the most popular peer-to-peer cryptocurrency platform in the world, has been in the negative limelight of the cryptocurrency space for quite some time. The platform was first criticized earlier this year for introducing KYC/ AML and later for removing cash trading option, the reason cited being regulatory compliance. This ban led to several people in the cryptocurrency community bidding goodbye to the platform. WhalePanda, one of the well-known influencers in the space, stated that the platform was “going down the ShapeShift route”, adding that it was “completely useless now”, during the 20th episode of Magical Crypto Friends. Other members of the segment, Charlie Lee, Samson Mow, and Riccardo Spagni also voiced their opinions of the P2P platform’s move. The creator of Litecoin, Charlie Lee remarked that there was “no point for LocalBitcoins” without cash trades. He further stated that “they have KYC, they have online trading, then what’s…

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Two blockchain-focused startups are teaming up to enable Amazon purchases with ethereum via an app-like browser extension.

The DOGE price fluctuates between the levels of $0.002500 and the $0.003500. The crypto is likely to range for a few more days to come. DOGE/USD Medium-term Trend: Ranging Resistance Levels: $0.003200, $0.003400, $0.003600 Support levels: $0.002800, $0.002600, $0.002400 Yesterday, June 13, the price of DOGE was in a sideways trend. The DOGE market had […]

Singapore is going to celebrate its Blockchain movement as an extraordinary summit. ‘Blockchain 2.0 Summit’ will be taking place in Singapore. The event will chiefly discuss how the emerging technology of blockchain is impacting lives. It is scheduled on 1st August. Advantages of the Summit : A full day conference will be talking about the transformation that has been initiated in various industries because of blockchain technology. Along with a host of networking opportunities, it holds inspirational and thought-provoking keynotes. The summit also features panel discussions, tech talks, workshops, and real-life applications. The conference will feature 20 industry speakers, a panel discussion with one track. Additionally, the conference will elaborate on Blockchain’s participation in building smarter ways to manage any transactional process across industries with the least hurdles. Also, it will talk about the way blockchain technology is contributing to faster, safer & more efficient enablement of businesses than ever…

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GateHub saw a hack earlier this month, where the service provider lost 23 million XRP worth approximately $9,221,827 million. However, large sums of XRP were moved from GateHub’s wallet to various other wallets from the stolen funds, on June 13. Whale Alert, a tracker of such large transactions, alerted the community after the first large transaction of 2,240,000 XRP took place from a wallet address identified as ‘Gatehub Hack 2019’ by Whale alert to another ‘Gatehub Hack 2019’ wallet address. The address of the sender was r9do2Ar8k64NxgLD6oJoywaxQhUS57Ck8k, while the receiver’s address was rGWmuauNyRL5b8ByYTpLsfr9QW1HzTGArS. The transaction details of the transactions were as follows, Source: Whale Alert After investigating further, it was found that there were 8 other such transactions where almost 3,239,870 XRP were sent to various unknown wallets. However, it was found that the wallet address of the receiver in the first transaction carried out seven of these transactions where they sent…

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The Austrian postal office release digital stamp based on the Ethereum blockchain. 

Just last week BitcoinExchangeGuide reported a story about Ripple wallet and gateway-as-a-service provider GateHub getting hacked. They were a victim of hacking that led to $10 Million worth of XRP getting stolen. The company did detail that they have GateHub recovered over 500,000 XRP currently worth around $200,000. The stolen funds were frozen on ChangeNow […]

Australia’s first crypto is seeking to overhaul the loyalty industry and change the way consumers spend, save and build wealth – at a time of unprecedented challenges for millennials and the younger generations. Over the past two years, loyalty has emerged as a major use case for blockchain technology, offering efficiencies and entirely new business models. It is an open secret that conventional consumer loyalty is broken, with most rewards schemes offering little value for customers and retailers alike. Now, Incent – Australia’s first major crypto project, established in 2016 – is ready to target a broken industry with ground-breaking new technology. Incent offers a means for ordinary consumers to save and build wealth as they go about their day-to-day spending – turning their crypto rewards into a meaningful nest egg at a time when millennials and younger generations are struggling with debt and lack of opportunity as never before.…

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The crypto-market is volatile, and there are constant fluctuations in the prices of the coins. Ethereum (ETH) price has taken a plunge down the three hundred dollars ($300) mark and it is indeed an issue for our mining industry and the investors alike but good news follows bad, at least in this case. The ETH/USD has increased in price by four percent (4%) as analyzed by the past 24-hour performance of the pair. Ethereum ETH price chart by Trading View This coin can easily reach two hundred and fifty dollars ($250) or even higher than this level. However, not all good things are that easy, to begin with, in the first place. The RSI indicates the bearish signals and less trading volume as compared to previous values. Currently, ETH is trading slightly above two hundred and fifty-nine dollars ($259.05). Talking about the volatility in the cryptocurrency market, only yesterday was…

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In the cryptocurrency and blockchain industry, several key problems remain in place. Privacy and scaling are two of the biggest hurdles to overcome for any project, regardless of how old it is. Elixxir, a solution entering its early access developer program state this week, may be able to solve most, if not all of these concerns. David Chaum at the Helm Elixxir is a project spearheaded by David Chaum. Some enthusiasts may be familiar with the name, as Chaum has been involved in cryptocurrency and blockchain for some time now. He is one of the true privacy advocates in this industry and will not shy away from sharing his opinions regarding the matter. This is also why he might be in the best position to introduce privacy on a scalable level. For Elixxir, the current focus lies with offering metadata protection using blockchain technology. Digital privacy, while often sought, is…

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The Rhode Island government is seeking proposals from qualified firms on blockchain solutions that improve efficiency, transparency, accuracy and security in the state. The Rhode Island Department of Administration/Division of Purchase in the United States has issued a public solicitation for blockchain solutions via proof-of-concept proposals, according to official documentation published on May 31. The department is particularly seeking proposals from “qualified firms” that aim to “further the State’s goal of becoming more efficient, transparent, accurate, secure and business-friendly.” The deadline for submissions is set for June 21. The solicitation notice includes a plethora of areas these blockchain solutions could aim to cover, including licensing, antifraud, contracts, medical marijuana, and crowdsourcing — but emphasizes several times that the nature of project proposals left intentionally open to encourage innovation. Proposals will reportedly be reviewed and graded on a point system according to the following criteria, which are further explained in the…

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The blockchain market in the automotive and aerospace fields will reach over $20 billion by 2029, according to a recent report from market research project Reportlinker. The blockchain market in the automotive and aerospace fields will reach over $20 billion by 2029, according to a recent report from market research project Reportlinker published on June 13. The analysis projects that blockchain applications in the automotive and aerospace and aviation industries will grow at a compound annual growth rate of 60.35% between 2019 and 2029. The study sees blockchain features such as transparency, fast transaction settlements, and removal of risk of fraud as major growth drivers. The report reads: “The finance, payments, and insurance services for automotive industry and manufacturing and supply chain for aerospace & aviation industry is dominating the blockchain in automotive and aerospace & aviation market and is anticipated to maintain its dominance throughout the forecast period. This…

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A tough crypto regulatory stance has not discouraged Korea’s largest companies from investing in blockchain. Unlike in other countries, where startups are at the heart of blockchain development, the South Korean blockchain landscape has “chaebols,” large, family-owned business conglomerates in Korea, at its heart. Just about every month, reports and announcements of large South Korean companies — including Samsung, Naver and NHN, just to name a few — entering into the blockchain space emerge. Still, South Korea is one of the most advanced markets in the blockchain and cryptocurrency industry. The first indication comes from how dominant Korean exchanges were during the crypto bull run of 2017, with crypto prices almost always trading at a premium on local exchanges relative to those in other countries.  A second indication is how the Asian country is one of the leaders in blockchain innovations, with projects in the country filing the third-highest blockchain-related…

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The Southern Alberta Institute of Technology has partnered with blockchain marketplace ODEM to issue blockchain copies of diplomas for 4,800 students. A Canadian tech institute will issue blockchain-based diplomas to its next graduating class, according to an official press release on June 13. The Southern Alberta Institute of Technology (SAIT) has partnered with blockchain marketplace ODEM (On-Demand Education Marketplace) to provide blockchain-based copies of student diplomas for SAIT’s graduating class of 2019.SAIT’s class of 2019, which is made up of over 4,800 students, will reportedly be able to use blockchain technology to share their official diplomas as needed, circumventing the need for alumni to request official documents from SAIT to send to recruiters and employers. The students will receive the digital version of their certifications in tandem with a traditional paper copy. ODEM CEO Richard Maaghul commented on how this gives students ownership of their diplomas, saying: “We believe that…

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Rhode Island is looking for RFPs for blockchain projects including innovations in anti-fraud, medical marijuana management, and governmental record-keeping.

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