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EDAG and d-Fine Tap IOTA for Smart Parking System

September 28, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

IOTA (MIOTA), a distributed ledger technology (DLT) for the Internet of Things (IoT) ecosystem, has been used by EDAG, a Germany-based engineering firm and d-fine, to develop a proof-of-concept (PoC) for a Tangle-powered smart parking ecosystem, according to a blog post on September 26, 2019. Smart Parking on the Blockchain ...

Venezuela State-Run Oil Firm to Pay Suppliers in Bitcoin

September 27, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

As the age-long economic crisis rages on, Venezuela’s apex bank, Banco Central de Venezuela (BCV) is now running internal tests with officials to find out the possibility of holding bitcoin (BTC) and ether (ETH) in its coffers as foreign reserves, as the nation’s state-owned oil company is looking to pay...

SoFi Users Can Now Trade Bitcoin, Ether, and Litecoin

September 27, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Ethereum

Social Finance, Inc. (SoFi), a United States-based online personal finance platform that offers student loan refinancing, mortgages, and personal loans has finally launched its cryptocurrency trading service. SoFi users can now trade bitcoin (BTC), ether (ETH) and litecoin (LTC) through its SoFi Invest service, reports Fortune on September 25, 2019....

Loom Network Launches Bounty Program to Reward Active Contributors

September 26, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Loom Network, a Layer 2 scaling solution for Ethereum that provides blockchain developers with the scalability and UX layer needed to build user-facing decentralized applications (dApps), has announced the launch of its bounties and rewards program. Loom plans to give away millions of dollars worth of its native LOOM tokens...

Blockchains breaking apart regular money decentralized

Lloyds Bank Adopts Blockchain Technology for Trade Finance

September 26, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

Lloyds Bank, a British retail and commercial bank established in 1765, has joined forces with Komgo, a firm that claims to be focused on catalyzing the global commodity trade finance network using the Ethereum smart contracts blockchain. The deal will enable Lloyds Bank to integrate distributed ledger technology (DLT) into...

GrainChain Poised to Transform Honduras’ Coffee Industry with DLT

September 26, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

GrainChain, a Medici Ventures-backed distributed ledger technology (DLT) firm that claims to be focused on developing innovative solutions for the agricultural sector, has inked a strategic partnership deal with market participants and stakeholders in Honduras’ coffee industry. The alliance will enable GrainChainit to develop blockchain and Io- based supply chain...

Uruguay Cannabis Firm Adopts Aeternity (AE) Blockchain for Cannabis Tracking

September 25, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

Aeternity (AE), an open-source distributed ledger technology (DLT) network powering decentralized applications (dApps), has inked a partnership deal with Uruguay Can, a Uruguay-based firm producing clinical and recreational cannabis. The deal will enable Aeternity to develop a blockchain-based cannabis traceability solution for Uruguay Can, according to a press release on...

African Blockchain Firm to Launch IDO Fundraiser on Binance DEX

September 25, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

UTU Technologies, a Kenya-based distributed ledger technology (DLT) project focused on providing trust infrastructure for the sharing economy, is set to organize an Initial DEX Offering (IDO) on Binance decentralized exchange (DEX), reports Yahoo Finance on September 25, 2019. Binance DEX Adds Another Partner Binance DEX, the decentralized exchange from...

Lakeba Simplifies Property Ownership with Blockchain Technology

September 25, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

Lakeba Group, a privately held international technology innovation group that focuses on solving problems with new technologies such as blockchain and artificial intelligence (AI), is orchestrating the sale of two apartments in Adelaide’s tallest residential building, Kodo, with distributed ledger technology (DLT) reports Micky on September 24, 2019. Block by...

Kik Shutting down app smartphone kin crypto

SEC Debacle Closes Kik Messaging App and Switch Focus to Kin Cryptocurrency

September 25, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Kik Interactive, the Candian firm in charge of the Kik messaging app and kin cryptocurrency, has officially announced plans to shut down the Kik app, downsize its workforce from over 100 to just 19 employees and take other measures to ensure the altcoin remains in existence, according to a blog...