Facebook Seeking $1 Billion For FB Coin Talking With Credit Card Giants

It has been reported that Facebook is seeking investment of around $1 Billion for its rumored native cryptocurrency Stablecoin.

According to anonymous sources with knowledge of the initiative, Facebook is currently taking to major payment networks Visa and MasterCard for potential support.

A native cryptocurrency for Facebook has been circulating now for over a year and it seems that there are various options under considerations by executives including payments via a user’s Facebook profile.

It was also revealed that the social media giant is talking to e-commerce companies and apps about accepting the coin and would seek some financial investment from these partners.

It has been reported that the project has attracted some of the most influential crypto personalities in the space such as Tim Draper who is a well-known Bitcoin (BTC) bull and supporter of Tezos.

Domino’s Pizza In Malaysia And Singapore To Use DLT-Enhanced AI For Logistics

The Singaporean and Malaysian division of the popular pizza franchise, Domino’s Pizza has recently partnered with SingularityNET with the main aim of integrating blockchain-powered artificial intelligence (AI) technology on its operations.

The partnership will see SingularityNET incorporating AI algorithms and solutions in Domino’s operations to improve its supply chain processes and logistics in Malaysia and Singapore.

Domino’s hopes to improve business operations by conducting feasibility studies, running AI-focused workshops and developing new algorithms specific to its requirements.

Domino’s has more than 260 stores in Malaysia and Singapore with a total staff of more than 4,000.

SingularityNET’s partnership with Domino’s Singapore and Malaysia comes at a time when it has just partnered with a Chinese Insurance giant and Indonesia’s Hara, an agriculture-focused blockchain.

New Developers Suite By QTUM Launched In Google Cloud

It has been reported that QTUM has recently released new development suite for developers in partnership with Google Cloud.

According to Abra QTUM was designed as a business-ready blockchain with an initial coin offering (ICO) in March 2017 with a strong team and strong backing; it can be liken to an Hybrid of Bitcoin and Ethereum taking all the good parts of the platform.

The new Developer Suite are designed to give developers and non-technical users alike, a simple and cost-effective way of launching nodes and building on the QTUM blockchain.

Qtum’s Chief Information Officer (CIO) Miguel Palencia states that Google Cloud is the perfect partner to help them make the QTUM ecosystem simpler and more intuitive.

The developer suite includes QTUM Core, Solidity Compiler, Qmix IDE, Smart contract deployment tool, Qt-dev libraries, and all the essential libraries and tools to develop dApps.

Fidelity Sees Institutional Investment In Crypto To Grow

One of the largest asset investment managers with $2.5 trillion in assets under management has recently released research which surveyed 441 US institutional investors, including-pension, hedge funds, financial advisors and endowments to get their insight in crypto investments.

According to the results for their research it was revealed that 22% have already purchased cryptocurrency which shows a remarkable increase from 0% back in 2016.

What is more interesting is the fact the 4 out of 10 of those who were surveyed are open to future investments in cryptocurrency within the next five years with nearly half of institutional investors view digital assets as having a place in their investment.

Tom Jessop, president of Fidelity Digital Assets states that they have seen a maturation of interest in digital assets across the board of potential investors.

He went on to say that Venture investment in the sector continues at a healthy pace, complemented by an increasing number of security token offerings (STOs), and the global regulatory environment remains cautiously constructive.

Software Giant Releases Blockchain Manager App

Software Giant, Microsoft has recently announced its fully managed Azure Blockchain Service.

The new blockchain-as-a-service (BaaS) will enable users to build blockchain applications on preconfigured network.

This new service simplifies the formation, management and governance of consortium network and will enable users to set them up in just a few simple clicks.

According to Azure CTO Mark Russionvich one of the first platforms that can be managed via Azure Blockchain services will be Quorum, an open source blockchain platform that has been developed by JPMorgan Chase.

Russionvich added that since Quorum is built on the popular Ethereum protocol which has the world’s largest developer community, adding support to the platform is a natural choice.

It seems that tradition technology companies are beginning to offer services that revolves around distributed ledger technology, aside from Microsoft, Amazon also released its own BaaS platform called Amazon Managed Blockchain.

Headlines for the world of Cryptocurrencies - May 02, 2019

Bitcoin Sales Projection Of Cash App To Overtake Supply By 2020 / Estonia Challenging Switzerland For Blockchain Leadership / Mahindra Wants To Fight Spam Phone Calls Through The Use Of Blockchain / Bakkt Mother Company Bought Digital Assets During The Crypto Winter / Bitcoin ATM Provider Helps NYPD To Crack Down Crypto Scams
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Headlines for the world of Cryptocurrencies - May 01, 2019

Record Bitcoin Revenue For Square In First Quarter Of 2019 / Malware Capable Of Shutting Down Other Miners / Malware Capable Of Shutting Down Other Miners / Canadian Provinces Compete For Bitcoin Mining Businesses / Labor Party In Australia Donates $2.1 Million To Blockchain Academy |

Headlines for the world of Cryptocurrencies - April 30, 2019

NEO Is Now Supported By Apply Pay, Google Pay and Samsung Pay Via Zeux / New Regulations In Crypto Mining In Canada / SEC Suspends Trading At Bitcoin Generation / Rakuten Taps Techrock For Authenticity Market / Bakkt COO Shares How Customer Digital Assets Will Be Protected |