Tag: Data

Leveraging Blockchain to Facilitate Data Capture and Incentivize Positive Behaviors

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New Study Investigates the Role of Blockchain-Based Data Capture & Crypto Incentives in Improving Patient Outcomes MMUST, the premier technology and innovation university in Kenya, and Immunify.Life, a transformative and self-sustaining healthcare ecosystem secured by blockchain, has entered into a partnership that will leverage MMUST’s academic and research prowess and the advanced tech infrastructure of Immunify.Life to address the issue of poor patient data collection, patient relapses, and misaligned incentives with a specific focus on HIV-positive patients in Kenya. In the innovative new study, Masinde Muliro University of Science and…

Polygon gains 83% in a month, but data show project has been losing traction

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Polygon (MATIC) had a promising July, gaining an impressive 83% in 30 days. The smart contract platform uses layer-2 scaling and aims to become an essential Web3 infrastructure solution. However, investors question whether the recovery is sustainable, considering lackluster deposits and active addresses data. MATIC/USD on FTX. Source: TradingView According to Cointelegraph, Polygon rallied after being selected for the Walt Disney Company’s accelerator program to build augmented reality, nonfungible token (NFT) and artificial intelligence solutions. Polygon announced on July 20 plans to implement a zero-knowledge Ethereum Virtual Machine (zkEVM), which…

Bitcoin struggles to flip $24K to support, but data shows pro traders stacking sats

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Bitcoin (BTC) rallied on the back of the United States Federal Reserve’s decision to hike interest rates on July 27. Investors interpreted Federal Reserve chairman Jeremy Powell’s statement as more dovish than the previous FOMC committee meeting, suggesting that the worst moment of tight economic policies is behind us. Another positive news for risk assets came from the U.S. personal consumption expenditures price (PCE) index, which rose 6.8% in June. The move was the biggest since January 1982, reducing incentives for fixed income investments. The Federal Reserve focuses on the…

Bitcoin price battles $23K as data says US in ‘technical recession’

Bitcoin (BTC) regained more lost ground on the July 28 Wall Street open amid confusion over whether the United States had entered a new recession. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analysts call recession for United States on GDP print Data from Cryptox Markets Pro and TradingView tracked BTC/USD as it tested $23,000 for support after a leg up on the previous day’s Federal Reserve rate hike. Momentum benefited from U.S. GDP data, which fell for a second quarter in a row, thus meeting the requirements for a recession in…

Decentralized Data Platform Space and Time Raises $10M

Space and Time, which started as part of Chainlink Labs’ incubator program, uses Chainlink and other sources to pull data from blockchains, decentralized applications and off-chain systems. It’s database processes the data off-chain, avoiding high transaction or gas fees and slow throughput, and then transmits the data to a validation layer to be verified. The validated data is sent back on-chain to smart contracts, which is where the blockchain application that requested the data can see the results. Source

Bitcoin futures data shows 'improving' mood' despite -31% GBTC premium

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CME futures data combines with numbers from derivatives platforms to suggest that investors are getting less fearful. Bitcoin (BTC) traders may be nervous going into the Federal Reserve rate hike decision, but research suggests that the bulls are broadly gaining ground. In a fresh update on July 26, analytics firm Arcane Research flagged what it calls “improving” sentiment among institutional traders. Caution mixed with “improving sentiment” While attention has focused on the likelihood of a deeper macro low for BTC/USD to come, it appears that not every investor cohort is…

Crypto ATM market value to hit $472 million by 2027 per new data

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The global cryptocurrency ATM market is projected to grow at a rapid rate over the next five years as market research predicts the space to be worth half a billion dollars by 2027. Research and Markets published a new report, which estimates a compound annual growth rate of 59% for the industry from 2022 to 2027. It currently values the crypto ATM market at $46.4 million and expects this value to increase to $472 million over a five-year time period. The main drivers of the projected growth include growing remittances and…

Exchange Data International and Finalto Partner to Face the Demand in Multi-Asset Trading

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Exchange Data International (ED), a leading provider of global security corporate actions, pricing, and reference data services, and Finalto have teamed up to allow EDI’s clients to better access Finalto’s innovative multi-asset trading service. Finalto has a large client base encompassing a wide variety of market participants, actively trading across multiple financial Instruments, allowing us to provide a unique insight into multi-asset trading behaviour and market activity via its extensive data sets. The unique execution data derived from our trading clients can be consumed by all types of financial institutions…

Blockchain’s use in healthcare ‘essential’ to protect sensitive data: Zelis CTO

Kali Durgampudi, the CTO of healthcare payments company Zelis, believes that the implementation of blockchain tech is vital for protecting patients’ sensitive data from cybercriminals. Speaking with Health IT News on July 20, Durgampudi noted that some of the biggest issues in healthcare are privacy and data security as the industry works to digitize its “archaic paper-based processes.” “Blockchain technology has the potential to alleviate many of these concerns,” he said, as he highlighted the importance of utilizing a digital ledger that is “impenetrable” to protect sensitive patient and financial…