News on Other Public Protocols in Crypto Industry
A payment service provider company, Bitspark have shared their plan in launching a stablecoin pegged to the Philippine peso (PHP). The announcement in launching the stablecoin was made in a press release where Bitspark has explained further that a technology start-up based in Cambodia Okra Solar will become the first to use peg.PHP launched by Bitspark.
Minister of Finance and Deputy prime minister of Japan, Taro Aso has appealed to adopt the newly-proposed legal name crypto assets and cease using other terms. In his statement: “While I think blockchain is a promising technology, it will take quite some time before it is firmly established. A variety of people will become involved with it, not all of them well-intentioned, so some could misuse this technology. To protect investors, it is essential for us to conduct a proper and strict review.”
The traditional cryptocurrency transaction works on idea that all are public non-anonymous log is created and chained together in a blockchain registry, but temporarily blending your inter-wallet funds with those of others the trail is disrupted. BitMix platform mixes a received amount of coins to disrupt the record back to the source, thereby providing the isolation need to ensure the user’s transactional security. At present they support Bitcoin, Litecoin and planning to add Ethereum soon.
Smartlands Project Firm is planning to make use of tokenizing concept to fill the liquidity gap. CEO Arnoldas Nauseda explained, Investors can then expect their returns to come usually in the form of rent from property tenants as well as when the property itself is sold. From the Notthingham property (first property to be tokenized), investors can be guaranteed of annualized returns to the tune of 16%.
Four new stablecoins pegged to to Australian dollars, euros, Canadian dollars, and Hong Kong dollars to be launched by TrustToken and they will be called TrueAUD, TrueEUR, TrueCAD, and TrueHKD respectively. TrueAUD will be immediately listed on exchanges, while TrueCAD and TrueHKD will be launched in the second quarter of 2019, with TrueEUR in the third.
Paytomat (a crypto payment gateway) has now made possible for its merchant users to receive crypto payments in 18 cryptocurrencies. The new crypto added includes BTC, BCH, ZEN, EOS, and ETH. Merchants incur zero fees, and can withdraw funds in a fiat currency of their choice if desired, with Paytomat hedging the risk incurred by potential cryptocurrency volatility.
The online survey, done through Google Surveys, included a total of 10,000 respondents, evenly spread over 10 European countries: Belgium, Denmark, France, Germany, Italy, Netherlands, Norway, Poland, Spain, and the UK. Two-thirds of 10,000 surveyed Europeans believe cryptocurrencies will still be around in ten years’ time, but they’re less sure about Bitcoin itself, new research by cryptocurrency exchange bitFlyer showed.
Yelp, the prevalent nearby hunt specialist organization that enables clients to scan for a wide exhibit of organizations, including eateries, shopping, & stimulation has presented another channel that sorts organizations that acknowledge cryptocurrency as a type of payment. This will its 30 million mobile application users to filter their search results to show businesses that accept cryptocurrency as a form of payment.
A blockchain-based, Aptoide (powered by AppCoins protocol) which aims to replace Google’s Play Store is now now giving a chance to its users to earn cryptocurrency. Now its users will be receiving APPC Credits and it can be utilized online transactions, including in-app purchases (IAP). Sonia Sarha, Community Manager at Aptoide said, “As fellow Aptoiders, who strive to be on top of the gaming charts, we know how important purchasing a special item can be – it can truly skyrocket you to the top of the leaderboard,”
Sergey Glazyev, counsel to Russian President Vladimir Putin on a provincial financial combination, encouraged the legislature to embrace advanced cash innovations to decrease cross-outskirt obstructions, the authority said at the Yalta International Economic Forum (YIEF). Russia still haven’t authorized any guidelines related with the crypto business, with the State Duma, having as of late conceded thought of the bill on Digital Financial Assets.
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