Day: July 6, 2018

Venezuela to Fund Housing for Homeless With National Cryptocurrency Petro

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The Venezuelan Minister of Habitat and Housing Ildemaro Villarroel has announced that the country’s government is planning to fund the construction of houses for the homeless with the national cryptocurrency Petro, Criptotendencia reports Thursday, June 5. The government will fund a project called the “Great Mission for Venezuela Housing (GMVV),” which aims to make quality housing more accessible to the homeless. According to the GMVV website, the government has finished more than 2 million houses to date. Villaroel said that 33 companies so far have started technical, financial, and logistics…

IBM Wins AUD $1 Billion Govt. Contract to Develop Blockchain, Tech Initiatives

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Computing giant IBM has been awarded a landmark contract to develop blockchain and other digital technology initiatives for the government of Australia. Announced on Thursday, the five-year, AUD $1 billion (~USD $740 million) contract is Australia’s latest attempt to make good on its goal to become one of the world’s “top-three digital governments” by 2025 by investing in research into blockchain technology, as well quantum computing and artificial intelligence. “This agreement is a testament to our forty-year partnership with the Australian Government. It shows trust and belief in our ability…

EOS, Litecoin, Stellar Lumens, Tron, IOTA Technical Analysis

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Altcoins though swinging-are on a recovery path and none stands out like IOTA. Gains have been consistent and they continue to partner with strategic industries. As that is happening Tron SRs election is on-going and so far there haven’t been market moving news events injecting demand. Let’s have a look at these charts: EOS Technical Analysis EOS Daily Chart by Trading View In an effect versus cause, effort versus result comparison, we can clearly see that sellers are in charge. That’s if we consider the six-month time frame since the…