Tag: blockchain

Blockchain news

Blockchain in the city: American Dublin testing the technology of future

Dublin, USA: The authorities of the American city of Dublin, which is in the state of Ohio, announced the search for projects which help to implement blockchain in the area of identification and everyday urban processes. Thus, the city becomes a test site of the distributed registry, which will be used for storage of personal information of citizens and for creating an internal “token of value.” The municipal government also proposes to apply blockchain in voting, the results of which will be transparent and open.

Blockchain news

Cheating at $19 millions. The fraudster is in the US prison

Connecticut, USA: For defrauding investors, ex-director of GAW Miners Homero Joshua Garza, was sentenced to imprisonment for 21 months. The prisoner pleaded his guilty to the fraud which is associated with the release of PayCoin (XPY) cryptocurrency. Initially, the defendant was facing at 20 years of imprisonment, however, Garza’s lawyers agreed with the court. At the same time, the fraudster will have to spend 3 years more under house arrest after the imprisonment. GAW Miners and associated with it ZenMiner are accused of deceiving investors since 2015. Acting under the name of the companies which were engaged in the mining

Blockchain news

France introduces regulation of ICO

Paris, France: France, separate from the EU, will regulate ICO-projects in its country. The Minister of Economy and Finance of France, Bruno Le Maire, said that the rules have already been approved at the legislative level and they will affect the activities of ICO projects. At the same time, the conduct of ICO in France is not prohibited, however, blockchain start-ups for attracting funds  will need to receive a permission from the country’s financial authorities. For the ICO, companies will provide detailed information about their activities, which should help potential investors not to get on scammers and not lose their

Blockchain news

CoinMarketCap will allow users to vote for the addition of new projects

CoinMarketCap offers users to decide themselves which project or exchange will be placed on the portal. At the moment, voting for the adoption of a new option takes place on the official page of the analytical resource in Twitter. Voting will last for two days more , but now most of the followers of the CoinMarketCap`s page voted “for” the listing of projects after the adoption of a common users` solution. Moreover, the administration of CoinMarketCap has prepared an another novelty – within several months the official mobile application will be launched.

Blockchain news

Georgian portal of educational resources will work on blockchain

Georgia, Tbilisi: The Prime Minister of Georgia, Mamuka Bakhtadze, within the framework of the presentation of the new educational reform said that the country will have an electronic portal of educational resources, which will work on the basis of distributed registry technology (blockchain). Mamuka Bakhtadze is sure that this step will help with increasing of confidence, transparency, it will help also to save money, and to simplify the work`s processes. Moreover, the Prime Minister of Georgia noted that this reform will be focused on the skill of creative processing of information and its use in practice.  

Blockchain news

Bitcoin has already passed “the bottom”, so only the growth from now

  The founder of the crypto-currency bank Galaxy Digital, Mike Novogratz, said in his Twitter that the bitcoin will not go down. According to him, the “bottom” was reached, now it is waiting for the way up. Source: Bloomberg Novogratz operates by the graph of Bloomberg Galaxy Crypto Index (BGCI), he also explaines that the market was already “at the bottom” in mid-November 2017 and after – we`ve seen incredible growth and a rate of $ 20,000. It is worth noting that on September 12, the total capitalization of the crypto-currency market declined by 80% since the beginning of this

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