Tron’s Multibillion Partner

Tron’s CEO, Justin Sun has twitted that Tron has partnered with a multi-billion USD valuation industry giant.

While revealing no details about the partnership he teases the crypto community by asking them to guess who the industrial giant is.

However a crypto news service Coiness has claimed that it was able to get information confirming the identity of the industrial giant which is no other than Baidu, China’s biggest internet search provider and which many considers as the Google of China.

Representatives of Tron and Baidu have not been able to confirm nor deny the partnership.

Tron is currently the 11th biggest cryptocurrency based on market capitalization and is currently trading at $0.023.

It has reach an all-time high of $0.217 on Jan. 5 2018 but since then have significantly fallen in value like most of the crypto market.

Study Reveals Bitcoin Is Maturing

A new research journal published speculates that the Bitcoin markets are rapidly maturing, saying it could be positive sign for crypto investors.

In a report titled “Bitcoin market route to maturity” has cited specific interesting features of the rapidly evolving cryptocurrency market with evidence from return fluctuations, temporal correlations, and multiscaling effects, laying down a scientific case that bitcoin might be a good investment.

Researchers states that since fiat currencies are no longer backed by physical commodities, the real value of a currency is now determined by how it is used and its market history.

The researcher also found out that the price movement of bitcoin fluctuated according to the inverse cubic law commonly seen in mature financial markets like the stock market.

The researchers concluded bitcoin and cryptocurrency market could have a very good future based on their rapidly maturing fundamentals stating that it can even compete with the world’s largest capital market.

Blockchain-Based Voting Pushing Ahead in West Virginia

West Virginia is preparing to deploy a blockchain-based voting application for elections in November.

The platform was developed by Boston-based technology startup, Voatz, which will allow those who are categorized as Uniformed and Overseas Citizens Absentee Voting Act cast their ballets through the use of blockchain technology.

This is not the first time the state will use blockchain-powered voting solutions.

Last May 8th primary election, the state tested the solution across two counties in which eligible voters were able to use Android and Apple mobile device.

However, the initiative has met growing concerns from security experts and election specialist.

Matt Blaze, crybersecurity expert sees difficulty in maintaining ballot secrecy while David Jeffersion, a board member of Verified Voting said that the internet is a replete with potential dangerous vulnerabilities.

Despite this criticism the government of Virginia is pushing through with the revolutionary voting solution.

Former JPMorgan Executive Tells Wall Street Blockchain Is Coming

Blythe Masters while speaking at the London Metal Exchange annual dinner said that blockchain is coming to commodity markets to introduce heightened confidentiality, reduce paper waste and improve provenance and productivity.

Masters is a blockchain innovator and former JPMorgan head of commodities.

She is currently the CEO of Digital Asset Holdings, which develops blockchain solutions for financial services.

Her experience in commodities market together with her role in Blockchain Company fits nicely to qualify her to speak on the application and adoption of blockchain in the commodities industry.

In her London speech she states that supply chains are complex and inefficient and blockchain as the technology will revolutionize the supply chain of goods in all industries including gold, diamonds, oil and more.

It is not only her that believes blockchain technology could disrupt the commodities market.

Many projects are already under way such as supply chain tracking for crude oil initiated by Swiss commodities giant Mercuria as well as Agoras Commodities which has partnered with DigitalTangible, for the world’s first bitcoin precious metal trading platform that enable investors and traders to buy and sell tokenized metals.

Litecoin Founder Interested With Monero

The founder of Litecoin, Charlie Lee has remained committed to the development of Litecoin but this has not stopped him getting interested with other cryptocurrency projects.

He has recently revealed that he is particularly interested with Monero (XMR).

He states that both bitcoin and Litecoin is lacking privacy and fungibility and very much needed by both.

This is not the first time he shared his interested with XMR.

Earlier this year Recardo Spagni, the creator of Monero has jokingly stated on his twitter account that Litecoin and Monero were working in an alliance in which Charlie Lee responded that an alliance would be beneficial for both projects as Litecoin users will have access to Monero’s anonymity and fungibility features.

In the past Charlie Lee has conducted surveys about what features the Litecoin community wanted to be included in Litecoin.

The answers general points to features that are already implemented in Monero’s blockchain.

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