Your Daily Crypto News on Steemit August 10, 2017
- BTC-e debt tokens for relaunch!
- BlockCat market for Smart Contracts!
- Sony and IBM work on blockchain based education platform!
- Bitstamp starts trading ETH!
According to a contribution in the Bitcoin Talk forum, BTC-e wants to appear under a new name and issue a token, which stands as a promissory note for the closure of the platform. This step is reminiscent of the handling of a hacking attack by the exchange market Bitfinex.
The Russian exchange market was one of the most secret exchanges until it was closed by the US authorities at the end of last month. After the arrest of an alleged co-operator, US authorities captured more than $ 100 million in fines and lied the BTC-e side.
The remaining employees are now communicating with the community through a long-standing Bitcoin Talk account and have since announced to return. Part of money is also to be dived again.
According to current statements from BTC-e, one should again get control over 55 percent of the funds, the rest should have been confiscated.
An anonymous employee should have confirmed that the platform is working to reboot. With the help of a group of unknown investors, the platform will be rebuilt under a new name. Due to unresolved problems with the US Treasury, it is no longer possible to continue the name BTC-e. The exchange market promised that by the end of August the rebranding should begin, further milestones are planned.
BTC-e also announced the issue of a debt token. The customers could thus offset their debts, as the exchange market would buy back the tokens in the future. The move is similar to the BFX tokens issued last summer by the Bitfinex exchange market.
BTC-e explained the following:
To get the tokens, users have to verify their identities, according to the anonymous investor's information. "The investment company works with Know-Your-Customer and Anti-Money Laundering Licenses, so it is necessary for every customer to go through this process," it says.
The programming and implementation of Smart Contract nowadays requires advanced programming skills. Because of this, the technology is not yet available to many users at the moment, which in turn hinders the global integration of Smart Contracts.
BlockCAT is an Ethereum startup, which is aimed at creating a market place where developers can sell Smart Contracts. These are connected to a visual interface. With BlockCAT, users and companies without the necessary know-how should be given the opportunity to buy and implement Smart Contracts - independent of their own programming knowledge.
It's just 9 years ago when the Apple App Store was launched. Independent developers are still able to make their software solutions available to the world's population. Alone last year, the developers earned more than 20 billion US dollars with app sales. If the development and spread of the blockchain technology continues, it is possible to imagine the gigantic market here for smart contract solutions.
Deloitte predicts that in 2025 about 10% of global GDP will be kept on the blockchain.
Click on the link below to see the tweed from Deloitte:
https://twitter.com/Deloitte/status/866398442951778304
Imagine a future where everyone can implement a Smart Contract; A local association that manages its finances through the blockchain, companies that organize their demands through smart contracts, large companies that use the technology for their supply chain, communities and governments that want to make a transparent and unchallenged choice.
If the desired Smart Contract is not yet available, BlockCAT provides the necessary tools to create it.
Sony has announced, in partnership with IBM, to develop a new blockchain-based education platform.
With this platform it should be possible to save and share student records. With its subsidiary Sony Global Education, the Japanese electronics company plans to offer this service over the next year. The platform is based on the IBM blockchain, which was officially launched in March. The platform allows educators to exchange information on learning progress and student results.
Sony, as the target group of the new service, has basic and higher education facilities. Looking to the future, Sony strives to develop additional education services using the blockchain platform and thus enable data sharing.
Masaaki Isozu, President of Sony Global Education, says in a statement:
Sony has also indicated that blockchain applications will be extended to supply chain and logistics and continue to explore the technology for future use cases.
The statement from Sony:
The European trading market for digital currencies, Bitstamp, will start the trade of Ether (ETH) next week.
From August 17, users of Bitstamp will be able to trade the digital currency Ether in US Dollars, Euro and Bitcoin. At the same time, Bitstamp introduced a new cost structure for the use of the marketplace and individual trading partners.
Click on the link below to see the new cost structure from Bitstamp:
https://www.bitstamp.net/article/new-cost-effective-pricing-and-update-ethereum/
In order to stimulate the trade of Ethers, the market will not charge any fees for the new trading parcels until 1 October. Over the rest of the year, according to own statements are various discount actions planned.
Bitstamp is one of the last major crypto trading markets, which has not yet offered Ether trading to its users. According to Ether, further digital currencies are to follow in the future.
Bitstamp was founded in 2011 and is thus one of the oldest crypto exchange markets. According to Coinmarketcap, Bitstamp is currently one of the top 5 US dollar trading venues for digital currencies with a trading volume of currently over 50 million US dollars within 24 hours.
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Lovely regards
@danyelk
👉
The inclusion of ETH on Bitstamp should see some added buyers and strength on ethereum.
Yes this is a big for ETH!!! I think as well that it will make ETH more stronger. Very cool I am excited to see how it will go on Bitstamp. Have a nice day and thanks for the comment.
There's everyday more and more happening in the crypto world. Big companoes like Sony are joining or e.g. Visa whos hiring own developers.
Your news regarding BTC-e are actually new to me and I definitely am curious on the outcome.
Yes every day something new in the crypto world it is so exciting for me I love it. I am curious about the outcome from BTC-e myself. Thanks for your comment and if you like have a look tomorrow in my crypto news post.
Let's see what the future will bring ;)
Yes your right time will tell ;)
Very inspiring
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Don't worry you can read every day my crypto news but the idea from you is cool. Let me check your block and posts see you and steem on :)
Wonderful news... thanks to sharing this information.
You are welcome! If you like check out the crypto news tomorrow.
Although I may not agree with the way some of the things are being accomplished. I find it interesting to find out more information. Especially when you read about the bigger companies and the moves they are making. Thanks for sharing the news.
You are welcome! With what for things you don't agree please let me know? I think it is very cool that companies work with blockchain technology the transparency will make it more difficult for corrupt people to steal money out of some projects the companies are running.
Yes I agree it is great that more companies are working with blockchain technology. I think there should be more transparency for big companies. I am just on the sideline a bit when it comes to students records or identity records. Not sure I would want all "my eggs in one basket" so to speak. Even though some things seem more secure there are still those corrupt people that will try to find a way to steal what they want. Of course I may be missing the concept as I am still learning myself.
Yes more transparency for big companies and specially government projects are very important to many politicians have filled there pockets on projects who are paid by the taxpayers.
I agree.
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Exciting! Wonder what the educational platform will be like.
With this platform should be possible to save and share student records.
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