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Blockchain: Last Week Updates. #SDdigest

22.10.2018 — 0

  • The U.S. Securities and Exchange Commission (SEC) launches a “New Strategic Hub for Innovation and Financial Technology”. The FinHub will serve as a resource for public engagement on the SEC’s FinTech-related issues and initiatives. It allows blockchain innovators and initial coin offering (ICO) operators, among other fintech stakeholders, to speak with the SEC directly on rules and market integrity.

  • Steve Wozniak, the tech entrepreneur best known as the co-founder of Apple, has joined EQUI Global, a venture capital fund built using blockchain technology, as a co-founder.

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Wozniak said that he believes firms like EQUI will disrupt the venture capital industry and allow other companies to follow the new model based on blockchain technology.

“It is specialized for managing rights-related information of written works, with features for demonstrating the date and time that electronic data was created, leveraging the properties of blockchains to record verifiable information in a difficult to falsify way, and identifying previously recorded works, allowing participants to share and verify when a piece of electronic data was created and by whom.”

“Kenya will use blockchain technology to ensure the rightful owners live in government-funded housing projects.”

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28-year-old, Danish, No 2 ranked professional tennis star has entered a partnership with Singaporean firm, Global Crypto Offering Exchange (GCOX) to found her own cryptocurrency token. Wozniacki expressed her excitement saying:

“To be the first female athlete to have her own token is really cool…I am looking forward to expanding that before other people start getting into it.”

  • Within 1 year, Fidelity one of the largest brokerages and asset managers with 7.2 trillion in assets under management, has gone from studying and evaluating the crypto market to fully integrating digital assets into its platform. Fidelity enabled its clients to track investments in major cryptocurrencies like Bitcoin and Ethereum through the Fidelity Portfolio Summary View.

Have a nice and productive week! See you next Monday!

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The United Nations And Blockchain

18.10.2018 — 0

You could guess that there are many other blockchain projects besides Solar DAO. Some of them are aimed at making a profit, others to help humanity. It may be difficult for you to understand which project will definitely help people. The same can be said about projects not using the blockchain, but everyone always knew that the UN helps people. And what do you say if you find out that the UN also uses the blockchain?

Fight hunger

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You might not know, but the UN is divided into many organizations. One of them is WFP. The World Food Programme was founded in 1961. Its main objectives are the eradication of hunger and malnutrition throughout the world.

In early 2017, they developed the program “Building blocks”.

This program has helped more than 100,000 Syrian refugees in Jordan. Provided them with the necessary food!

How does it work?

The program, based on the blockchain platform, distributes vouchers and ration cards between refugees. They can use these cards in supermarkets. Refugees get food in stores with the help of special equipment for scanning the retina.

Why did the UN choose the blockchain for this?

The use of the blockchain has reduced costs by 98%.

How did they do it?

With the help of blockchain technology, they were able to refuse bank commission. Therefore, they can transfer the saved money to a larger number of refugees.

By the end of 2018, it is planned to scale the project to 500 thousand recipients not only in Jordan but also in other countries participating in the UN World Food Program.

Are Digital Technologies Scaring Us?

It certainly doesn’t scare the UN!

What unites one of the richest people on the planet, Jack Ma, and the Bill Gates wife, Melinda? Now they are the co-chairs of the "High-Level Panel on Digital Cooperation". The "High-Level Panel on Digital Cooperation" is a UN project that should help the world understand how to use digital technology. This was announced by UN Secretary-General Antonio Guterres in mid-July 2018.
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If you suddenly did not know, Jack Ma is the founder and chairman of the board of directors of the Alibaba Group. With his blockchain project "Ant Financial", he has already collected more than 14 billion dollars.

Melinda Gates is known worldwide for her charitable deeds.
She is the co-founder of the Bill & Melinda Gates Foundation. In 2014, she and Bill Gates allocated the US $ 28 billion to charity.

One of the goals of this team is to understand how we can use digital technology most intelligently to help the world.

How will it work?

Two major meetings are scheduled for September 2018 and January 2019. The group will also include 18 participants from around the world. Within 9 months they should prepare a report with practical recommendations for AI, the blockchain, and other digital technologies!
You can see the list of other participants here.

We have no doubt that the union of such successful people can change a lot in the world.

Digital ID Network

United Nations are trying to solve another problem. There are more than 1 billion people don’t have documents proving their identity. In this regard, they can not get the normal protection of their rights, medical care, education, etc.

There are more than 7.5 billion people worldwide, and more than 190 countries.
It takes a lot of effort to complete this task. Register all people and negotiate with the governments of many countries.
Alliance ID2020 was created to solve this problem. It includes Accenture, Microsoft, Mercy Corps, Hyperledger, and UNICS.

What about the blockchain?

Participants are to create a very stable and secure database. To accomplish this goal, they are going to use blockchain technology.

We Can Help Children With Cryptocurrency!

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The United Nations International Children’s Emergency Fund (UNICEF) was created by the United Nations General Assembly on 11 December 1946. Since the 40s, Unicef has been helping children all over the world, using different technologies. Now you can do it with blockchain technology.

In February 2018, Unicef launched a campaign called Game Chaingers.
Gamers, miners, casters, supporters, journalists and other people who have a PC and access to the Internet were offered to install unique software on their personal computers. They were able to get 85 Ethereum coins for children.

How did it work?

You installed unique software on your computer. Unicef mined ETH using the computing power of your PC.
Many gamers and people working with graphics applications have powerful devices at home. It was easy for them not to use their computer to the maximum.

12,000 computers were able to get 85 ETH. All this cryptocurrency has been used to help children!

And One More Unicef Campaign

UNICEF has recently informed that UNICEF France decided to accept cryptocurrency donations. The office in France accepts BCH, BTC, ETH, LTC, XPR, EOS, XMR, DASH, and XML. If for some reason it is easier for you to donate a cryptocurrency, you can go to the website of the French office Unicef. All donations will be sent to help children.

UN projects are an example to everyone how to use the blockchain. Do not be afraid of new technologies. Just try to understand how it works and start to use it correctly. And you will see how blockchain can help us to make the world a better place!

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Blockchain: Last Week Updates. #SDdigest

15.10.2018 — 0

  • A report published by the Financial Stability Board (FSB) on Wednesday, claimed that cryptocurrencies do not pose a risk to global financial stability at the present time while suggesting crypto markets need to be monitored. Summarizing this view, the report states:

"Based on the available information, crypto-assets do not pose a material risk to global financial stability at this time. However, vigilant monitoring is needed in light of the speed of market developments. Should the use of crypto-assets continue to evolve, it could have implications for financial stability in the future."

  • One of the oldest and most noted art auction houses in the world Christie’s is turning to blockchain tech to securely store sales and provenance data. It’s collaborating with blockchain-powered digital art registry Artory to pilot the encrypted recording of auction transactions.

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Richard Entrup, chief information officer at Christie’s said:

"Our pilot collaboration with Artory is a first among the major global auction houses, and reflects growing interest within our industry to explore the benefits of secure digital registry via blockchain technology."

"We are evaluating the government-backed cryptocurrency and crypto-token.Right now, we have a group of people who are looking at fiat cryptocurrencies. Something that is an alternative to the Indian rupee, so to speak. We are looking at that closely," the senior central bank official said.

  • At least five more university endowments have invested in cryptocurrency funds. Major educational institutions including Harvard University, Stanford University, Massachusetts Institute of Technology, Dartmouth College, and the University of North Carolina have each invested in at least one cryptocurrency fund.

  • Boxing Legend, an eight-division world champion Manny Pacquiao’s cryptocurrency could launch by the end of the year.

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According to a StraitsTimes report, Singapore based Global Crypto Offering Exchange (GCOX) is in charge of the launch of the Pac Tokens, the cryptocurrency that leverages on the popularity of the Philippine boxing legend.

  • The United Arab Emirates (UAE) is pressing ahead with plans to introduce initial coin offerings (ICOs) as means toward fundraising for companies and startups in 2019. Specifically, ICOs will be considered as "securities" by authorities under regulations, enforced early in 2019.

Have a nice and productive week! See you next Monday!

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Blockchain: Last Week Updates. #SDdigest

08.10.2018 — 0

  • Seoul mayor Park Won-soon unveils plan to promote blockchain industries with a $53.39 million fund that will develop blockchain regions in Seoul. Korean government will also create two business complexes to settle 200 blockchain-related companies by 2021.

"There’s no doubt blockchain is the core technology of the fourth industrial revolution, which will shape the future IT industry. I will make efforts to help Seoul become the center of a blockchain industry ecosystem," Park said.

  • New Clovr survey asked 1000 U.S. investors about cryptocurrency. Over 75% of Americans feel they know what cryptocurrency is.

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Intresting fact: almost 40% cited "people I know were doing it" as a top reason for investing.

  • The city of Valencia, Spain is planning a smart port based on blockchain technology.

“Starting from Valencia, we offer to use blockchain as a strategic option to provide transparency of logistic chain, from end to end, going further than our port itself. That means we’re planning to apply cloud technologies not only with our partners from Port Community Systems but also with all others.”

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  • The Israel Securities Authority (ISA) has integrated blockchain technology within its internal systems to securely deliver messages and information to regulated entities under its purview. The blockchain pivot will add another layer to ensure the credibility of data relayed to supervised entities, the ISA explained, verify the authenticity of origin messages, negate tampering by preventing them from being edited or deleted altogether.

Have a nice and productive week! See you next Monday!

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Blockchain: Last Week Updates. #SDdigest

01.10.2018 — 0

  • AT&T has introduced a suite of blockchain solutions to allow enterprises in various industries to track and manage information more efficiently. The solutions include technology from Microsoft and IBM and can benefit users in industries ranging from manufacturing to retail and healthcare.

“Blockchain improves security and enables better management of transactions through complex processes. Utilizing our global network and IoT capabilities, AT&T enhances blockchain by providing edge-to-edge solutions that automate the tracking and that can even monitor the environmental conditions throughout the process,” said Andy Daudelin, vice president, Alliances Business Development, AT&T Business.

  • Europe’s first dedicated blockchain research facility and the world’s first advanced blockchain identity laboratory has been launched in the Scottish capital of Edinburgh, thanks to a £600,000 collaboration between Edinburgh Napier University and a Hong Kong-headquartered technology company.The Blockpass Identity Lab will explore ways in which blockchain technology can protect personal data from online scammers and hackers.

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  • JPMorgan’s Ethereum-based Blockchain payments Trial adds 75 banks. With nearly 80 banks, the network is expected to process about 14,500 USD-denominated payments a day.

  • Mongolia has taken a significant step forward toward bolstering its fintech sector, with the country’s central bank authorizing a local telecom operator Mobicom to issue a digital currency under the country’s recently-passed national payment system bill. Now licensed as a state-approved financial instrument, Mobicom’s virtual currency — dubbed “Candy” — is considered a “non-cash payment instrument” whose value is pegged to Mongolia’s fiat currency, the tugrik.

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  • The chairman of the Distributed Ledgers and Artificial Intelligence taskforce, Bitange Ndemo has advised the Kenyan government to tokenize its economy in order to deal with the increasing issues of corruption and uncertainty.

“We must begin to tokenize the economy by giving incentives to young people to do things which they are paid through tokens that can be converted to Fiat currency,” Ndemo said.

  • The Malaysian government is seeking to explore blockchain solutions in the nation’s three largest industries: renewable energy, palm oil, and Islamic finance.A task force named the Malaysian Industry-Government Group for High Technology (MIGHT) will be spearheading the move to adopt blockchain in each industry in order to increase transparency, sustainability, and logistical efficiency according to a report published last week.

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  • Opera has added built-in Ethereum support to its desktop app, enabling Web 3.0, an ecosystem that allows users can seamlessly interact with decentralized applications (dApps) and peer-to-peer systems on the blockchain. As mainstream browsers move towards adding support for Ethereum and various blockchain standards, the accessibility and user activity of dApps is expected to increase massively.

Have a nice and productive week everyone! See you next Monday!

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Blockchain: Last Week Updates. #SDdigest

24.09.2018 — 0

  • UNICEF France announced that it is now taking donations in cryptocurrencies. Driven by the need to expand its circle of donors the humanitarian body will now accept nine cryptocurrencies. With the exception of the non-mineable cryptos well-wishers will also be able to donate their computing power by mining the other six cryptocurrencies directly to UNICEF France’s wallets.

  • Australia is about to get its first Aussie-backed stablecoin. This will be made possible by a partnership between Bit Trade, one of the oldest cryptocurrency exchanges in Australia, and blockchain employment platform, Emparta. The two firms will collaborate in designing and launching the stablecoin which is expected to be launched next year.

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“The Navy is very excited to work with ITAMCO on this cutting-edge technology to improve visibility, anti-tampering, traceability and data transparency in the NAVAIR supply chain.”

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“The United States should prioritize accelerating the development of blockchain technology, and create an environment that enables the American private sector to lead on innovation and further growth, which is why I am introducing these bills.”

  • A candidate for a local government seat in the city of Taipei has made history as the first politician in Taiwan to ever receive a campaign donation in bitcoin. The US$325 bitcoin donation comes after a month since the political candidate announced that he would be accepting cryptocurrency donations.

  • France accepts new ICO framework to become Europe’s leading ICO hub.

“The French government is not hiding its ambition to make France an ICO capital, as they do not want to miss out on the blockchain revolution. They are regularly speaking with French blockchain and crypto-entrepreneurs in France in order to get a better grasp on the market, to understand its problems, and to regulate the market accordingly.”

Have a nice and productive week! See you next Monday!

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Blockchain: Last Week Updates. #SDdigest

17.09.2018 — 0

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  • Hong Kong jeweler introduces Blockchain app for diamond authentication and tracking. Hong Kong jewelry company Chow Tai Fook has partnered with Gemological Institute of America (GIA) to create a blockchain-based app that will enable customers to ascertain the origin and authenticity of stones purchased.

“Not only does this initiative make it easier for consumers to manage their assets conveniently and efficiently, it is a long-term and invaluable investment that enriches consumers’ knowledge of their diamonds.”

  • According to LongHash, every year, more than $87.3 billion is spent on mining gold. In contrast, less than $4.3 billion is used to mine Bitcoin. Essentially, gold mining requires 20 times more energy and cost in comparison to Bitcoin mining, despite the narrative that has been circulating since the surge in the price of Bitcoin in early 2017 that Bitcoin is hugely impacting the environment negatively.

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  • A new report from the World Economic Forum has high hopes for blockchain with revenue growth predicted to be over $1 trillion in world trade. The $1.1 trillion growth predicted in the next decade equates to 1.5% growth in the global GDP attributable solely to blockchain technology.

  • Just days after French soccer giant Paris Saint-Germain football club (PSG) announced its own cryptocurrency, complete with an initial coin offering (ICO), Brazil’s Avaí Football Club has come up with a similar plan. Brasil’s Avaí becomes first football club to launch its own cryptocurrency and plans to raise funds worldwide through the ICO, aiming to raise $20 million in the sale

“With this initial money offer we are opening a new chapter in football and the sports industry in general.”

  • Financial services giant Mastercard has invented a blockchain system that it believes can simplify business-to-business (B2B) transactions in a high-volume enterprise environment. That system is outlined in a series of three patent applications.

Have a nice and productive week! See you next Monday!

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Blockchain: Last Week Updates. #SDdigest

11.09.2018 — 0

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“Technologies such as blockchain take us a huge step forward in finding a secure way to facilitate transactions. Blockchain’s ability to protect user’s data is a true mark of progress, because it can be applied in different companies from different industries including cybersecurity.”

  • LinkedIn has been keeping its finger on the pulse of the United States’ most thriving startups, and crypto organizations are showing tremendous signs of life — and growth in LinkedIn’s top 50 U.S. startups. Six-year-old cryptocurrency wallet and vendor Coinbase ranked third on the list. Right behind number six — stock-trading service Robinhood (which offer crypto trading) — comes Ripple. With over 100 clients, the blockchain-based banking platform delivers its services to institutions like Santander, RBC and American Express.

  • China’s Supreme Court rules that blockchain can legally authenticate evidence.

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The Supreme Court declares that:

"Internet courts shall recognize digital data that are submitted as evidence if relevant parties collected and stored these data via blockchain with digital signatures, reliable timestamps and hash value verification or via a digital deposition platform, and can prove the authenticity of such technology used."

  • Opera’s Ethereum Wallet now lets you send CryptoKitties to your friends.

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"We’re now innovating by allowing you to send crypto-collectibles directly from the wallet to the person you want to, something that previously required visiting a digital marketplace and trading them. We have changed this and made sending crypto-collectibles as easy as sending money via Venmo in the U.S. or Vipps or Swish in Scandinavian countries. We feel this makes them more tangible from a user’s perspective".

Have a nice and productive week! See you next Monday!

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Solar DAO Announces Its Marketplace Platform to Support PV Plants Construction

10.09.2018 — 0

Solar DAO, an energy-oriented blockchain company, proudly announces its marketplace platform. The online platform is the avenue where every individual will propose and add his land for solar plant installation, and Solar DAO tokenholders can vote for its construction. Every payment, vote, and reward will be made using the SDAO token.

Solar DAO is a closed-end investment fund built on the Ethereum Blockchain goals are to develop and execute a plan for owning PV solar powered plants by a pool of remote anonymous clients through a blockchain distribution registry, and also a system for arranging payments and appropriating dividends through savvy contracts without uncovering the identity of the recipients of such payments.

Solar DAO marketplace platform dramatically enhances marketplaces by uniquely creating a medium whereby each member of the Community can propose its projects (a land plot which is specifically for solar panels construction) for consideration and receive funding (in SDAO tokens). This solution will enable the implementation and operation of PVS construction projects and for ensuring transparency for Solar DAO members, including supply, operating activities, and construction management.

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For every individual to submit his or her project (land plot) for consideration, you will need to go through the following three stages:

All projects are considered and vetted at the primary stage by Solar DAO team of well renowned international Photovoltaic experts. After that, it will be submitted for consideration to the Community where Solar DAO tokenholders will vote for its construction. The emergence of this platform will create a seamlessly profound opportunity for investors, business owners, and users a simple and easy way to continuously increase the total capacity of the solar power plants managed by the DAO thereby reducing the amount of CO2 produced globally.

The Solar DAO origin was built up in 2012, and the development team has been working in the solar energy (photovoltaic) market since 1991. The group behind Solar DAO has expertly executed 70 MW PV plants crosswise over Europe, created 270 MW plants in Russia and 150 MW plants in Kazakhstan. They have additionally completed four production offices for PV cells and modules in Russia, Spain, Germany, and South Africa.

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Solar DAO group is as of now helping its customers put resources into PV solar plants over the globe through GOTOSOLAR, an Estonian investment fund.
The team has pulled in huge multi-million investors in various regions around the world. These solar plants sell electricity to the central grid with exceptional tariffs actualized for up to 25 years and continue to offer at a normal market cost after expiry. The PV solar plants will be renegotiated to construct new plants and in this manner expanding the aggregate installed power capacity of plants kept running by Solar DAO.

About Solar DAO

Solar DAO is a closed-end investment fund built on Ethereum blockchain. Built on profit benefit sharing shrewd contract, it is devoted to decreasing dangers and costs and outperforms specialized obstructions when investing in PV solar plants around the world. Solar DAO enables people to put resources into PV solar plants worldwide and get profitability as financial specialists do. PV plants get profit benefit from electricity sell to the central grid with special tariffs (feed-in-tariff) devoted for 15-25 years. No ICO will be, all SDAO tokens are already destributed. Tokens reflect Solar DAO shares and give profit distribution to tokenholders.

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Blockchain: Last Week Updates. #SDdigest

03.09.2018 — 0

  • “Big four” auditing firm PriceWaterhouseCoopers (PwC) is launching training programs to employees on blockchain and other nascent technologies. Earlier this week, CCN reported that 42 percent of the top 50 universities in the U.S. offer at least one blockchain course.

  • Retail giant Walmart has a plan to build an army of autonomous robots controlled and authenticated through a blockchain network. The global supermarket chain has turned to blockchain in light of autonomous technologies becoming “more affordable and available for use”, making it vulnerable to cyber attacks.

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  • The world’s sixth most popular website Yahoo has launched a service to allow readers to trade bitcoin, ethereum, and other cryptocurrency tokens directly through its platform.

  • Global Bitcoin ATM Market to be worth $145 Million by 2023 according to a study conducted by business-to-business research firm MarketsandMarkets. It indicates that the cryptocurrency ATM market will grow at a compound annual growth rate of 54.7% between 2018 and 2023.

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  • Hong Kong is seeking to attract worldwide talents with specialties in innovative technologies including blockchain via a special immigration policy. Hong Kong’s chairman of the Human Resources Planning Commission Matthew Cheung Kin-chung stated:

"Hong Kong welcomes talents from all over the world with valuable skills, knowledge and experience to work here, bringing their talent into full play and further developing their careers".

  • Australia’s Commonwealth Scientific and Industrial Research Organisation (CSIRO) has announced the formation of a data consortium in partnership with IBM and law firm Herbert Smith Freehills for the purpose of building a groundbreaking large-scale, cross-industry smart contract platform for Australian businesses to collaborate and do business within.

Have a nice and productive week! See you next Monday!