Day: October 7, 2017

Regulating Bitcoin and other cryptocurrencies is a near impossible job. Not just because traditional rules don’t apply, but the lack of centralization makes regulatory measures impossible by default Over in Mexico there are plans in motion to introduce Bitcoin regulation in the near future. Although this idea has been present for several months, nothing tangible … Continue reading Bitcoin Exchanges in Mexico Prepare for new Regulatory Measures

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A small self-drive rental firm in India has raised $10 mln in funds, accepts cryptocurrencies and is planning an ICO.

This week the leading fundraising platform KICKICO has already announced about its 3 huge upcoming ICO campaigns. The next CryptoSpace passenger is MicroMoney. From 2015, a successfully established fintech blockchain company and a lending services provider, MicroMoney operates in this business sector for over two years in 5 countries currently – Myanmar, Thailand, Sri-Lanka, Indonesia, … Continue reading Blockchain Fintech Company MicroMoney Enters CryptoWorld. Point of Departure: KICKICO Platform

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Every successful trader comes to a point where he feels confident to manage client’s money. Crypto currency traders are not an exception. Setting up an infrastructure for accepting investments, registering a fund and building necessary relationships with exchanges could be time and money consuming. It takes hard work, costs and many years of effort to … Continue reading Covesting, Copy-trading Platform announces PreICO. Talented Traders Wanted!

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One way to make robots appear more friendly to consumers is by giving them a short and easy-to-remember name. Marty does the job quite well in this regard, as it is a name most people will have no trouble remembering. The fact that this robot looks intriguing and has googly eyes will only make it more memorable. Giant Food Store in Lower Paxton Township, Penn., is currently testing out Marty the robot.

Marty the Robot is an odd Creature

A lot of consumers are legitimately afraid of robots and how they might eventually trump our own species. While that may certainly happen at some point in the future, not every robot is designed to be a major threat to our society either. In fact, there are plenty of machines out there that aim to make life a lot easier for us consumers in every way possible. Marty, a robot currently taking up residence at a Giant Food Store in the state of Pennsylvania, proves to be a rather harmless creature.

That doesn’t mean one should underestimate Marty by any means, though. Don’t be fooled by his googly eyes alone, as these were put on for a very specific purpose. While they may appear a bit creepy at first, they also give him a more comical look, which seems to have been well-received by the shoppers at this store so far. It takes some time to get used to a roving robot moving around quietly, but the machine can help shoppers in many different ways.

One way in which Marty stands out is how slender this robot really is. He is a lot taller than the average person, which means he is impossible to miss. He can move around the store on his own accord and seems to be quite a hit with the ladies and children so far. Plenty of people have taken the time to take a selfie with Marty, which is only to be expected.

Once people recovered from the initial surprise of seeing this slender robot cruise through the store, curiosity got the better of them. After all, Marty is not just there to roam about and take selfies, as he also serves a real purpose. This test program by Ahold USA, the parent company of Giant Food Store, revolves around assisting customers. While Marty cannot fill shelves or pick up items, he can report information to both customers and store staff in a concise manner. Moreover, his eyes take note of dwindling stock and alert staffers in the back to bring out additional supplies.

In fact, one will observe Marty complete his store-wide trip several times per day. His tendency to start in the beer and wine section might seem a bit odd, but it is one of the location’s most commonly browsed areas where stock must be replenished fairly regularly. Afterward, Marty will inspect the produce section and head toward the meat department as well. He is a silent overseer of things and day-to-day operations, all the while avoiding displays and shoppers thanks to his built-in sensors.

Marty’s current to-do list includes checking for trip or slip hazards on the floor. He can also read unit tags, alert employees, and check prices whenever needed.  This should help prevent price discrepancies between the item tag and the retail price itself. He is a more-than-valuable addition, even though it remains to be seen how successful this trial will be. If things go according to plan, we may see a dozen other robots operating at various stores operated by the Ahold USA group. Most of us certainly wouldn’t mind dealing with Marty on a regular basis; that much is certain.

NEOUSD TECHNICAL ANALYSIS Even though there was a clear job reduction in September 2017, the USD managed to stay stable. Data shows that unemployment contracted while average hourly earnings surged by 0.5% last month. Earnings data is a metric used by the Feds and is a subtle inflation indicator. Therefore, any increase should be positive … Continue reading Altcoin Analysis for 07-10-2017: NEO, DASH, IOTA, XMR and LSK

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Ghent, BELGIUM – Opus Labs CVBA, a new tech start-up from Ghent, Belgium, announces that Delta—Cryptocoin Portfolio is now available for iOS and Android, completely free of charge. Delta is the ‘ultimate cryptocurrency management tool for both beginning and experienced cryptocoin investors’. The first users praised both the functionality and the aesthetic of the app, … Continue reading Delta Launches on iOS & Android as the ‘Ultimate Cryptocurrency Portfolio Management Tool

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The SEC move indicates that the it is not ready to handle the Bitcoin derivatives

Coinbase and Bitfinex both offer guidance on the upcoming fork and their positions regarding how to proceed.

Venezuela is struggling badly right now. With the local currency devaluing at an accelerated pace, things are going from bad to worse for the country’s economy. As a last-ditch effort, the government is now looking into creating its own central bank digital currency. Whether or not this measure will be successful remains to be determined.

Venezuelan Government is Grasping at Straws

The concept of central bank digital currencies has been kicked around so many times it is almost changing shape. Several countries are exploring this option right now, although none have successfully created such a tool as of today. Venezuela is the latest country to give this option a try, albeit more out of necessity than innovation. For the time being, this concept is still in the early stages of development, as no major progress has been made in this regard.

That has not deterred the Central Bank of Venezuela from contemplating the issuance of a national virtual currency in the very near future. During a symposium held earlier this week, government representatives joined bank officials and private sector experts. Venezuela has always shown a keen interest in blockchain technology and cryptocurrency, even though there has been a lot of opposition to these concepts as well.

During the symposium, several concepts were highlighted including technical features related to blockchain technology, as well as how initial coin offerings should best be handled moving forward. Those ideas are likely of less interest to the average cryptocurrency enthusiast than the concept of a Venezuelan national digital currency. Onixcoin, a local blockchain firm, is apparently working in concert with the country’s central bank on this.

No one can deny Venezuela will need new ways to bring life to its flailing economy in the face of continued hyperinflation, food scarcity and social unrest. That is a lot easier said than done, although technological advancements related to blockchain technology should not be ignored by any means. Strengthening the local economy may no longer be possible, though, as things have evolved in such a downward direction that there may be no coming back whatsoever. Whether or not this digital currency venture will change any of that remains to be determined.

The first step toward realizing this concept was taken not long ago, though it is evident there are very few concrete plans on the table right now. Embracing a central bank digital currency is of the utmost importance in addressing the country’s economic woes, although nothing has been set in stone just yet. There is also the possibility of further exploring cryptocurrency mining, although that concept has been met with a lot of resistance already.

For the time being, it remains to be seen how the financial situation evolves in Venezuela. A lot of damage has been done over the past few years and there is little to no improvement in sight. Plenty of people are looking for alternatives to the national currency, which is why Bitcoin is slowly gaining more traction as we speak. The future remains very troubled for Venezuela; that much is certain.