Month: June 2020

Korean Firm FLETA Teams Up with Chainlink’s Oracles to Boost Medical Research Using Blockchain Technology – Blockchain News, Opinion, TV and Jobs

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FLETA is to integrate its blockchain into Chainlink’s network of decentralized oracles to provide trusted data to its decentralized applications (dApps), and develop a system that allows medical professionals to more easily share health records. Henry Hong, CEO of FLETA, said:  “Our blockchain’s scalability and the integrity of our smart contract data will be increased by utilizing Chainlink’s decentralized oracle network. Also, by deploying Chainlink’s oracle solutions, we can more easily apply blockchain technology to more varied fields in the future.” “With Chainlink, FLETA will develop many use cases beyond…

Kadena Launches Blockchain App to Verify COVID-19 Tests, Token Listed on Bittrex – Blockchain News, Opinion, TV and Jobs

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Kadena, a blockchain project born out of a group of ex-JPMorgan bankers, has released a new app created that can verify COVID-19 tests are not fake — by letting users track test kits using QR codes. Also this week, Kadena’s token (KDA), has been listed on its first cryptocurrency exchange with one of the world’s largest at Bittrex Global, with initial trading pairs including Bitcoin and Tether. “Kadena‘s plan is to use QR codes to track the kits from the manufacturer to the healthcare provider, making it harder to swap…

Digital Chess Game Giant FIDE Online Chooses Algorand Blockchain For Official Chess Ratings – Blockchain News, Opinion, TV and Jobs

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Algorand — a world-class blockchain powering secure and efficient frictionless exchange founded by Turing Award-winning cryptographer Silvio Micali from MIT — will be capturing official ratings and titles data from World Chess players on its decentralized blockchain network in real-time. This promises to bring reliability and transparency to the rating system of digital chess. “We are beyond thrilled to partner with FIDE Online Arena and World Chess to bring digital chess ratings onto the Algorand blockchain for the first time,” said Sean Ford, COO of Algorand. “This historic moment brings the blockchain…

Bitcoin (BTC) Has a 5% Chance of Hitting a New All-Time-High in 2020

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In brief: The Bitcoin halving in 2020 was predicted by most as being the catalyst that will send BTC to the Moon. The Coronavirus pandemic changed the global financial situation causing a stock and crypto market crash in mid-March. Today’s stock markets are in the red due to confirmations of a second wave of COVID19. Bitcoin’s probability of hitting a new all-time-high in 2020 has dropped to 5%. At the beginning of 2020, the mood and atmosphere surrounding Bitcoin was rather bullish due to the halving event that took place…

Stellar Unfurls Community Staking Marathon – Blockchain News, Opinion, TV and Jobs

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A new reward plan has been added to the well-known inflation pool system at Stellar called the Community Staking Marathon. In addition to the payouts generated by the inflation mechanism, a time-based staking algorithm has been implemented into the Stellar Ledger. Stellar, an open source, decentralized protocol for digital currency to fiat money transfers which allows cross-border transactions between any pair of currencies, first made this proposal in 2018 when the cryptocurrency market started a rapid decline. Community members approached the Stellar Foundation Board with a strategy focused on keeping and…

Bitcoin Mixers Protecting Privacy and Anonymity from Hackers – Blockchain News, Opinion, TV and Jobs

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One of the reasons why the cryptocurrencies have gained popularity over the years is because trading them is supposed to be anonymous… but this is only partially true.In reality, Bitcoin is actually quite traceable. And this is no different for Ethereum, which is just as detectable and vulnerable to phishing attacks caused by leaky databases as Bitcoin. If Bitcoin and Ethereum are traceable, leaky databases can also expose user details and the contents of their wallets. It is quite a scary thought that your anonymity could be on the line.…

Innovate UK Grants Billon Group To Develop COVID-19 Training and Immunity Certificates on Blockchain – Blockchain News, Opinion, TV and Jobs

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Innovate UK has rewarded the Polish-British Billon Group a £50,000 grant with the aim of creating blockchain certificates to keep the economy open while protecting personal data. The Fast Start Competition by Innovate UK was launched by the government to build a distributed ledger platform to store COVID-19 related certificates to support workers’ safe return to the workplace. By the end of August, Billon says they will provide a fully functioning prototype for publishing, sharing and verifying a wide array of workplace training or medical test documents as a back-end…

Pantera Capital: Bitcoin’s (BTC) Market Share to Drop in 2021

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In brief: Pantera Capital has released their June 2020 Blockchain Letter.  The letter highlights the possibility of alt-coins outperforming Bitcoin henceforth and into 2021.  Alt-coins are known to perform well mid to late of a bull cycle and the drop in Bitcoin’s dominance could indicate that the time is nigh for alts.  Amidst this week’s turbulent Bitcoin market, the team at Pantera Capital have released their June 2020 Blockchain Letter to investors. In the Blockchain letter, named ‘Outperforming Bitcoin’, the team explores the possibility of alt-coins experiencing a resurgence in…

USDC Powers Algorand Foundation and Circle To Bring Digital Dollars to Algorand Blockchain – Blockchain News, Opinion, TV and Jobs

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The not-for-profit organization Algorand Foundation has cut a deal with Circle to bring fiat-backed stablecoin capability to Algorand. The stablecoin, called USD Coin (USDC), is allegedly the fastest-growing full-reserve US Dollar stablecoin. “Growth in mainstream financial use cases is driving more demand for high-throughput payments and finance-optimized blockchain infrastructure,” said Jeremy Allaire, co-founder and CEO of Circle. “The combination of USDC and Circle Platform Services with the Algorand blockchain will create a foundation for developing a wide range of scalable, secure and compliant financial applications. Through this collaboration agreement, Circle will…

Maturing Bitcoin Pleases Bulls With Huge $50,000 Price

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Has all the fun gone out of trading bitcoin? Maybe, but that could be a good thing, with one analyst predicting a $50,000 price for bitcoin as institutional investors begin to allocate. In recent days bitcoin, by some measures, has become less volatile than stocks, although you would be foolish to expect that to continue. And on a wider view the correlation with equities has been tightening – currently at around 0.48 with 1 being a measure of absolute correlation (see data below from blockchaincenter.net). BTC v S&P 500 correlation…