Bahrain-based tech startup MVC Global and logistics firm Cox Logistics Group will jointly launch a so-called SmartHub logistics warehouse to improve the distribution of pharmaceuticals across the Gulf Cooperation Council. The blockchain logistics warehouse platform will provide built-in Track & Trace and IoT sensors and a smart contracts-based SmartPass feature geared to ensure compliance with customs clearances, Gulf Today reported on April 27. Additionally, users can deploy the platform for supply chain finance and international payments settlements. The developers claim that the SmartHub is able to speed up and improve…
Day: April 27, 2020
Small-cap mining companies in the news: SolGold & Bushveld Minerals
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Subscribe ► Learn more about IG: Twitter: Facebook: LinkedIn: #mining #marketnews #trading We provide fast and flexible access to over 16,000 financial markets – including indices, shares, forex and commodities – through our award-winning range of platforms and apps. Established in 1974 as the world’s first financial spread betting firm, we’re now the world’s No.1 provider of CFDs and spread betting* and a global leader in forex. We also offer an execution-only share dealing service in the UK, Ireland, Germany, Austria and…
Crypto Joins the Zoom Monetization Call, Blockchain Addresses Key Issues
As staying home becomes the new normal, the popular video conferencing app Zoom continues to flourish. Despite multiple privacy concerns, on April 21, it was reported that more than 300 million people used Zoom’s flagship video conferencing app. It’s clear that Zoom still reigns supreme during the coronavirus pandemic, even as Facebook, Google and other tech titans create their own video conferencing alternatives. Nevertheless, a new influx of users means that Zoom is being leveraged for different reasons, including services that individuals would typically pay for. Although Zoom may be…
Bitcoin Indicator that Logged 5,378% Average Returns Flashes Again
A bullish technical indicator in the bitcoin market flashed for the first time since December 2019. The tool studies the behavior of bitcoin producers – the miners – to identify potential price tops and bottoms. It now indicates that bitcoin price has bottomed out near $3,800 in March 2020. A black swan event in March 2020 saw the bitcoin price crashing from circa $8,000 to near $3,800 in just two days. But that has not deterred the cryptocurrency from pursuing an extended bull run. That is according to Bitcoin’s Hash…
Indian Tech Firm Develops HyperLedger Blockchain App for Vehicle Inspection
Indian tech startup Smart Sight Innovation — or SSI — has developed an app designed to improve maintenance and inspection of vehicles. SSI built the mobile app for an unnamed American client, which specializes in the development of artificial intelligence, Internet of Things and blockchain platforms, according to an April 27 announcement. Currently, the app is available on Android devices. Keeping data in digital lockers SSI said that the app creates a summary of various issues — like repair work and compliance with inspection criteria — faced by a vehicle.…
Can BITCOIN Handle Another Global Market Downturn?!
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Bitcoin Hits Highest Level Since Black Thursday Amid Halving Buzz
Bitcoin’s rally is gathering pace with the mining reward halving now just 14 days away. The top cryptocurrency by market value rose to $7,800 early on Monday to hit its highest level since March 12 – dubbed “Black Thursday” – when prices fell from $7,950 to $4,700 as the coronavirus pandemic crashed most markets. At press time, bitcoin is changing hands near $7,700, representing a 100 percent gain on the low of $3,867 registered on March 13. While the major part of the recovery rally could be associated with the…
UAE’s DLT Overhaul on Track to Bring Blockchain to Daily Life by 2021
The United Arab Emirates is approaching its 2021 deadline for migrating at least 50% of all government transactions onto distributed ledger technology-based platforms. Cointelegraph spoke to Leon Smith, the CEO of Dex — an Abu Dhabi-based crypto firm that has been issued with an in-principle approval ahead of the country’s forthcoming regulatory framework for crypto asset trading — to discuss how blockchain technology is becoming embedded in daily life in the UAE. UAE’s blockchain deadline looms In 2018, the UAE launched the Emirate Blockchain Strategy 2021, outlining a plan to…
Bitcoin Paranın Yerini Alır mı? | Blockchain nasıl çalışır?
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #kriptopara #blockchain #finans Bitcoin Paranın Yerini Alır mı? | Blockchain nasıl çalışır? — BTC Türk CEO’su Özgür Güneri ile değişen dünyada bitcoin ve blockchain teknolojisinin yerini konuştuk. Blockchain teknolojisi ile siber suçlar tarihe mi karışacak?Yeni dünya düzeninde, Bitcoin altına alternatif mi? Teknolojiye yakınlaşmak kripto paraya ilgiyi arttıracak mı? Bitcoinin geleceği nasıl? Covid-19’dan sonra dünya dijital paraya geçiş yapacak mı? Toplam 150 milyar $ bitcoin varlığı dünya piyasalarında nasıl bu kadar ses getirebiliyor? Arzı değişmeyen ve herhangi bir otoriteye bağlı olmayan bitcoin, piyasalardaki…
Data Shows Institutional Demand For Ethereum is Surging Rapidly, as ETH 2.0 Approaches
Estimated data shows cryptocurrency asset management firm Grayscale purchased close to half of all mined Ethereum in 2020. What’s more, with Ethereum 2.0 drawing closer, many have speculated that institutional investors are looking to reap the benefits of ETH staking. Institutional Interest in Ethereum Taking Off Grayscale is currently the world’s largest cryptocurrency asset manager, with $2.2 billion under management. The firm provides digital currency exposure for institutional investors, and high-net-worth individuals, through traditional investment vehicles that have underlying crypto assets. This works via issuance of publicly quoted shares in…