Mastodon

SaaS Global Specialist Leanne Graham joins the Advisory Team of VerifyUnion

Singapore – Prominent New Zealand entrepreneur Leanne Graham is lending her name and passion to newly formed digital identity verification firm VerifyUnion Pte Ltd. VerifyUnion’s ultimate goal is the elimination of digital identity fraud through a new,…

Singapore – Prominent New Zealand entrepreneur Leanne Graham is lending her name and passion to newly formed digital identity verification firm VerifyUnion Pte Ltd. VerifyUnion’s ultimate goal is the elimination of digital identity fraud through a new, highly secure, and cost-effective system based on Ethereum Blockchain technology. Ms. Graham is now a Shareholder and key … Continue reading SaaS Global Specialist Leanne Graham joins the Advisory Team of VerifyUnion

The post SaaS Global Specialist Leanne Graham joins the Advisory Team of VerifyUnion appeared first on NEWSBTC.

Hyperledger and Linux to Offer a Massive Open Online Blockchain Course

Hyperledger, the international blockchain collaboration of corporate giants and young startups in partnership with the Linux Foundation, is launching a new free Massive Open Online Course (MOOC) to meet the rapidly accelerating worldwide demand for …

MOOChyperledger.jpg

Hyperledger, the international blockchain collaboration of corporate giants and young startups in partnership with the Linux Foundation, is launching a new free Massive Open Online Course (MOOC) to meet the rapidly accelerating worldwide demand for blockchain education.

The pace at which the “red hot” blockchain technology market is evolving and increasing in popularity makes it difficult for the established education system to keep up with the demand.

In an announcement, Brian Behlendorf, Executive Director of Hyperledger said:

“Interest in blockchain technology is exploding. Software developers, product teams, and business managers are all desperately eager to figure out how this technology can solve real-world problems.

“This first introductory-level course is carefully designed for both non-technical and technical audiences, to bring everyone further up the learning curve and get started with it on their own business needs.”

The Linux Foundation, responsible for training and certifying more developers in open source software than any organization in the world, together with the worldwide open source community, is aiming to solve the hardest technology problems by creating the largest shared technology community in history.  

The MOOC will be on the edX.org website, a free online education platform started by MIT and Harvard University in 2012. The site is now a collaborative effort of more than 50 top-rated universities and colleges including Cornell, University of California Berkeley, the Sorbonne, McGill, Juilliard, the University of Hong Kong, Oxford, Notre Dame, the University of Tokyo and the University of Toronto.

MOOC is Designed for Technical and Non-Technical Audiences

Some universities, like the University of Edinburgh, MIT, Stanford, University of California Berkeley and Princeton University, have already begun to offer courses in blockchain technology and cryptocurrencies at the college level, while a new Blockchain University is tailoring its courses to professionals looking to upgrade their knowledge. The University of Nicosia in Cyprus offers the world’s first MSc in Digital Currency. But these courses are designed for the post-secondary and graduate knowledge level markets.

In contrast, Hyperledger’s MOOC is set up for both beginners and trained developers, and includes an introduction to the Hyperledger organization and its key business blockchain platforms, including Hyperledger Fabric and Sawtooth.

It covers key features of blockchain and distributed ledger technologies, current Hyperledger projects and common use cases, and the differences between various types of Hyperledger projects in the fields of finance, banking, Internet of Things, supply chains and manufacturing technologies.

The course includes how to install Hyperledger Fabric and Sawtooth frameworks and how to build simple applications on top of the Fabric and Sawtooth frameworks.

In a statement, edX CEO and MIT professor Anant Agarwal noted:

“Hyperledger and blockchain are two key skillsets that are increasingly in demand in today’s digital world. Our global community of learners have told us that they are seeking courses to help them gain the career-relevant skills they need for the modern workplace. We are thrilled to once again partner with the Linux Foundation to offer a course on this popular, in-demand subject that will provide the building blocks needed for success within the exciting and rapidly expanding field of blockchain technologies.”

Recent job numbers show that the demand for cryptocurrency jobs has doubled in the past six months and are soon to triple from 2016. The job board AngelList reports that cryptocurrency job postings remain one of the largest non-corporate startup opportunities..

Pre-registration is now open. The free Hyperledger course will become fully available on October 25, 2017 (with the option to add a verified certificate of completion for $99).

The post Hyperledger and Linux to Offer a Massive Open Online Blockchain Course appeared first on Bitcoin Magazine.

India Trials a Power Grid on the Blockchain to Incentivize Sustainable Energy

Access to reliable energy is the foundation of economic development and human society. Yet reliable energy can come at a steep environmental cost.Today’s energy systems are being rapidly reexamined and transformed by both private businesses and publ…

powerledger.jpg

Access to reliable energy is the foundation of economic development and human society. Yet reliable energy can come at a steep environmental cost.

Today’s energy systems are being rapidly reexamined and transformed by both private businesses and public organizations. Innovation coupled with changing policy and consumer demands has prompted The World Economic Forum’s System Initiative On Shaping the Future of Energy. The WEF noted that four out of five of the Initiative’s goals can be addressed in some way through the application of blockchain technology:

  1. Enable innovation to accelerate opportunities towards smarter and more efficient energy use;

  2. Enable the cost-effective reduction of energy’s environmental footprint;

  3. Enable universal access to affordable reliable energy; and

  4. Improve system resilience and security.

One area of application that has been of interest for its utility, efficiency and sustainability is the blockchain application to microgrids.

MaaS in India

Multinational IT provider, Tech Mahindra, and the peer-to-peer based energy trading platform, Power Ledger, have created a new service for clientele specifically interested in microgrids. Microgrids are distributed energy systems that act as a single controllable entity with respect to a larger energy grid network.

A microgrid’s key feature is that it can connect and disconnect from a larger grid network, enabling it to operate both as a part of a larger grid or in “islandmode” as its own grid. The new service offering includes a package of technical services and a platform for customers to set up and operate their own microgrid called “Microgrid-as-a-Service” (MaaS).

The MaaS platform integrates multiple energy assets such as solar, battery storage, electric vehicle chargers and analytics to measure energy efficiency. MaaS is intended to offer resilient and reliable electricity that is also local and less carbon reliant.

While the MaaS product provides technical control over a microgrid, Power Ledger’s blockchain-based platform acts as an added transactional layer that reimburses users for excess clean energy produced by allowing peers to store and trade it at a local level. The blockchain also manages all energy debits and credits of accounts, automates trading and measures each participant’s ongoing financial statements. The blockchain does this by tracking the data flow from smart electricity meters — an Internet of Things application for the energy sector.

The Power Ledger blockchain-based software platform will begin in late 2017 as a virtual trial run on those Tech Mahindra campuses in India that are already hooked up to microgrids.  

Location proves to be a key factor for the project’s success based on two reasons. Data from urban microgrids are typically more complex due to population density; they can, therefore, better demonstrate the strengths of using a blockchain-based platform for microgrids. Also, urban microgrids are much more common in India as opposed to OCED countries where they are mostly employed in rural settings.

“Trialing in India is a major opportunity to change the way communities source the energy required to take part in a modern global economy,” said Power Ledger’s Managing Director, David Martin.

An Economic Environment Ready for Disruption

The fact that India’s economy has been declining since the beginning of 2017 enhances the project’s case for using a blockchain to improve the country’s bottom line. In the first six months of 2017, the country’s gross domestic product fell from 7 percent to 5.7 percent. This may be due in part to reform efforts by Prime Minister Narendra Modi in the last year.

In June, Modi announced a complete overhaul of India’s tax system. Back in November 2016, he banned the 500 rupee ($7.50) and 1,000 rupee ($15) paper notes, calling them “worthless pieces of paper,” as a way to limit fraud and corruption. These banned notes were said to make up about 86 percent of all cash in circulation, according to CNN Money.

Opportunities for digitization using blockchain technology, and especially for cryptocurrencies like bitcoin, are a much needed alternative to several of their systems that do not already have effective nodes of trust built in.

Power Ledger has already proved that its platform can work for both homeowners and businesses. In Busselton, Australia, their peer-to-peer trial showed households can save about $470 ($600 AUD) per year on electricity bills. The forward vision for using blockchain-based platforms to trade energy within microgrids is to enable building owners, campuses, and even “smart cities” and other communities to produce and manage their own affordable electricity and then trade any excess generation.


The post India Trials a Power Grid on the Blockchain to Incentivize Sustainable Energy appeared first on Bitcoin Magazine.

Harvard Professor: “In the Long Run, the Price of Bitcoin Will Collapse” – Futurism


Futurism

Harvard Professor: “In the Long Run, the Price of Bitcoin Will Collapse”
Futurism
Economist Kenneth Rogoff argues in a newly published opinion piece that bitcoin’s growth will not last forever, claiming the cryptocurrency’s value will fall under government pressure. However, he neglects to set any sort of timeframe for his prediction.
Collapse of Bitcoin Inevitable According to Harvard Economics …CoinTelegraph
Ex-IMF Economist Kenneth Rogoff Joins ‘Bitcoin Will Collapse …CoinDesk
Bitcoin Price Bubble “Will Collapse”: Ex IMF Economist Kenneth RogoffCryptoCoinsNews

all 10 news articles »


Futurism

Harvard Professor: “In the Long Run, the Price of Bitcoin Will Collapse”
Futurism
Economist Kenneth Rogoff argues in a newly published opinion piece that bitcoin's growth will not last forever, claiming the cryptocurrency's value will fall under government pressure. However, he neglects to set any sort of timeframe for his prediction.
Collapse of Bitcoin Inevitable According to Harvard Economics ...CoinTelegraph
Ex-IMF Economist Kenneth Rogoff Joins 'Bitcoin Will Collapse ...CoinDesk
Bitcoin Price Bubble “Will Collapse”: Ex IMF Economist Kenneth RogoffCryptoCoinsNews

all 10 news articles »

European Council Approves the Wifi4EU Initiative

TheMerkle Wifi4EU European Counil ApprovalA few months ago, we touched upon the concept of Wifi4EU. The main objective of this service is to provide free access to WiFi hotspots across all of Europe. Although it was initially unclear whether or not this plan would get off the ground in the first place, the final go-ahead has now been provided by the European Council. As is always the case when governments give something away for free, there will be some caveats regarding this initiative. Wifi4EU Will go Ahead After all It is commendable that the European Council aims to provide free WiFi hotspot access to residents of the EU. While it

TheMerkle Wifi4EU European Counil Approval

A few months ago, we touched upon the concept of Wifi4EU. The main objective of this service is to provide free access to WiFi hotspots across all of Europe. Although it was initially unclear whether or not this plan would get off the ground in the first place, the final go-ahead has now been provided by the European Council. As is always the case when governments give something away for free, there will be some caveats regarding this initiative.

Wifi4EU Will go Ahead After all

It is commendable that the European Council aims to provide free WiFi hotspot access to residents of the EU. While it is true there is no lack of high-speed internet and mobile data connectivity within the European Union, WiFi access will always be appreciated by a lot of people. The European Union will sponsor free wireless internet access points in public places as part of the WiFi4EU project.  Locations include libraries, parks, town halls, and so on.

Our society is more reliant on Internet connectivity now than ever before; that much no one can deny. Not everyone wants to use mobile data for a Facebook chat session while they’re out and about. Although some people will argue the Internet and smart devices have made the human race far more social than ever before, there are plenty of reasons why internet access in public places can be a good thing. Not everyone will take their gaming console to a park and start playing online games using the free WiFi access point.

The primary objective will be to use a multilingual, free WiFi access point approach. Initially, this service will be provided to around 6,000 communities across the EU. The first stage of the project will roll out between now and 2020, with more locations being added as time progresses. This is a major development for a lot of communities where Internet connections may be restricted or simply too expensive for the time being. It is unclear if WiFi4EU will roll out to other regions after that.

Estonia’s Minister for Entrepreneurship and IT Urve Palo stated:

“The WiFi4EU scheme will make high-quality internet more accessible for many citizens and gives local municipalities, libraries and other public bodies the opportunity to promote their digital services. It could even trigger a virtuous investment cycle.”

Under the plan, municipalities and hospitals will be able to apply for funding to install WiFi access points – as long as there is no existing private or public internet connection duplicated by the new hotspot. It is evident WiFi4EU is designed to bring access to places where connectivity is virtually nonexistent. Although a lot of public places already provide WiFi access these days, there are still thousands of other places where that is not the case. Getting those areas online is a pretty significant step in the right direction.

Depending on how things go, the Wifi4EU funding ceiling may be as high as 120 million euro. That is a substantial amount, but bringing high-speed internet access to more public places is absolutely invaluable these days. The funding will be distributed on a first-come, first-serve basis, although the European Council will take geographical balance into account too. A bright future lies ahead for wireless internet in Europe; that much is certain.

Bitcoin hits a record high above $4900 – Business Insider

Business InsiderBitcoin hits a record high above $4900Business InsiderBitcoin hit a record high of $4,921, according to data from Bloomberg, at the beginning of September, but quickly saw its price decline amid news of a crackdown in China and regulato…


Business Insider

Bitcoin hits a record high above $4900
Business Insider
Bitcoin hit a record high of $4,921, according to data from Bloomberg, at the beginning of September, but quickly saw its price decline amid news of a crackdown in China and regulatory uncertainty around initial coin offerings, a cryptocurrency-based ...

and more »

Decentralized Advertising Ecosystem Papyrus Launches Token Sale on October 12, Announces Strategic Partnership with Airpush, Bancor, WINGS, and BitClave, and Presents World-Class Advisors

Papyrus is developing the world’s first decentralized and highly scalable ecosystem for digital advertising capable of processing billions of ad views on a daily basis. This comprehensive system will bring together users, publishers, advertisers, and d…

Papyrus is developing the world’s first decentralized and highly scalable ecosystem for digital advertising capable of processing billions of ad views on a daily basis. This comprehensive system will bring together users, publishers, advertisers, and developers of decentralized applications (dApps) in an efficient, transparent and mutually beneficial environment. The project launches the first round of … Continue reading Decentralized Advertising Ecosystem Papyrus Launches Token Sale on October 12, Announces Strategic Partnership with Airpush, Bancor, WINGS, and BitClave, and Presents World-Class Advisors

The post Decentralized Advertising Ecosystem Papyrus Launches Token Sale on October 12, Announces Strategic Partnership with Airpush, Bancor, WINGS, and BitClave, and Presents World-Class Advisors appeared first on NEWSBTC.

Publica To Use Ethereum Blockchain For New Publishing Ecommerce Platform

publica logoDelray Beach, Florida: Publica is building a new ecommerce platform for the publishing ecosystem using the Ethereum blockchain and smart contracts. Marc Kenigsberg, founder of BitcoinChaser, also announced his role as Publica’s advisor. “Blockchain will go down in history as one of the most disruptive technologies of all time,” said Kenigsberg. “Publica’s vision to unite it with printing and the internet, two of humanity’s most disruptive inventions, is brilliant and perfectly timed for this revolution in human history. The Publica platform is going to enable a lot of positive change for many people around the world.” Publica’s ereader apps, for

publica logo

Delray Beach, Florida: Publica is building a new ecommerce platform for the publishing ecosystem using the Ethereum blockchain and smart contracts.

Marc Kenigsberg, founder of BitcoinChaser, also announced his role as Publica’s advisor. “Blockchain will go down in history as one of the most disruptive technologies of all time,” said Kenigsberg. “Publica’s vision to unite it with printing and the internet, two of humanity’s most disruptive inventions, is brilliant and perfectly timed for this revolution in human history. The Publica platform is going to enable a lot of positive change for many people around the world.”

Publica’s ereader apps, for all common platforms, will do double-duty as digital wallets to make their adoption easy and transparent for the public. The platform is designed to bring the blockchain revolution to how books are funded, made, publicized, discovered, bought, and read.

Publica will work with Ethereum, standards bodies, and other authorities to extend the blockchain into publishing. Publica will also support blockchains in the long tail of publishing derivatives such as movie scripts, games, merchandise, audio books, and periodicals, with the requisite legal frameworks.

Publica’s CEO Josef Marc said “The publishing ecosystem is really a global economy of ecommerce unto itself. Book projects are like startups. They can start small and they can grow into sustainable businesses. Entrepreneurial business models and ideas will become the new norm.”

The Ethereum blockchain plays three roles on the platform, supporting READ, RIGHTS, and PBL tokens. When a book is funded, whether by crowd pre-sales or institutions or by any other means, Publica will write the terms in smart contracts called Book ICO’s. READ tokens are one of the two keys in a public-key / private-key decryption system for reading a book’s digital editions.

When a book’s contents are extended to derivative rights, Publica will write their terms in smart contracts called RIGHTS ICO’s. “We’ll do our best to help the blockchains get ready for RIGHTS tokens,” said Publica’s CTO Yuri Pimenov.

Publica will issue one billion tokens called PBL, or Pebbles, in an October ICO. According to Marc, “The publishing economy needs its own digital money because it’s a very long-tail business. Book projects and their contracts outlive people, as do copyrights. Project funds don’t need daily exchanges with local fiat currencies. They’re ‘work money’ with long-running balances. The gig economy and sharing economy are global and they should come into the publishing economy. No local currency should pose a barrier to entry.”

Pebbles will be invisible to the general public. Coin and token exchanges make it simple to present ecommerce in any denomination. Pebbles will be the medium of exchange within the platform’s smart contracts for goods and services. “Publishing’s ecommerce needs mega payments, micropayments, and every size in between. Pebbles are better suited for it than BTC, ETH, READ and RIGHTS tokens, or dollars for that matter,” said Publica’s COO Antons Sapriko.

Publica’s development team is Scandiweb. Their Ethereum ICO experience includes projects with Element Group. As a leading Magento developer, their ecommerce experience includes Walmart, The New York Times, Land Rover, Jaguar and many other leading names.

Team Leadership

Josef Marc, CEO leads the Publica team. He has helped for many multimillion companies to reach healthy success – his first technology job was in a startup that was acquired by Sony to form its broadcast systems integration company in what the media calls an acquihire today. Antons Sapirko, COO is responsible for operational management in Publica. His experience leading Scandiweb from a local agency to becoming the largest ecommerce services provider on the Magento platform will help Publica take care of business. Yuri Pimenov, CTO is a longtime contributor to the blockchain community with his blog and his Russian translation of the seminal book “Mastering Blockchain” by Andreas Antonopoulos. Before Publica, he was the CTO of a leading Bitcoin exchange.

 

Learn more about Publica at – https://publica.io

Publica Community : https://community.publica.io

Blog: https://medium.com/publicaio

Bitcointalk ANN : https://bitcointalk.org/index.php?topic=2079885.0

Facebook : https://www.facebook.com/OfficialPublica

Twitter :https://twitter.com/PublicaIO

Reddit : https://www.reddit.com/r/publicaio/

###

Link to bio photo Marc Kenigsberg: https://goo.gl/Y7GZGS
Link to bio photo Josef Marc: goo.gl/en6oFd
Link to bio photo Antons Sapriko: https://goo.gl/NSEn1c

Link to bio photo Yuri Pimenov: goo.gl/51J4g9

Link to media kit images:  https://goo.gl/bGBufV

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

Zug: The City of Lost Bitcoin – Barron’s

Barron’sZug: The City of Lost BitcoinBarron’sAs we reported yesterday, Bitcoin may become less attractive to speculators given increasing government regulation. One of the major reasons for that regulation is that cryptocurrencies are the tool of choic…


Barron's

Zug: The City of Lost Bitcoin
Barron's
As we reported yesterday, Bitcoin may become less attractive to speculators given increasing government regulation. One of the major reasons for that regulation is that cryptocurrencies are the tool of choice for criminals for everything from money ...

Altcoin Exchange Claims to Have Performed an Ethereum-Bitcoin Atomic Swap

TheMerkle Bitcoin Ethereum Atomic SwapAtomic swaps have become pretty popular over the past few weeks. The Litecoin and Decred developers made major progress in this regard, and it seems Altcoin Exchange is on the right track as well. According to the latter’s Twitter account, an atomic swap between Ethereum and Bitcoin has been completed successfully. That is a pretty interesting development, considering atomic swaps will remove the need for centralized exchanges altogether. A Bitcoin-Ethereum Atomic Swap It is pretty interesting to see how different developers and coders tackle the challenge of cross-chain atomic swaps. Not too long ago, we touched upon the recent exchange of Litecoin for

TheMerkle Bitcoin Ethereum Atomic Swap

Atomic swaps have become pretty popular over the past few weeks. The Litecoin and Decred developers made major progress in this regard, and it seems Altcoin Exchange is on the right track as well. According to the latter’s Twitter account, an atomic swap between Ethereum and Bitcoin has been completed successfully. That is a pretty interesting development, considering atomic swaps will remove the need for centralized exchanges altogether.

A Bitcoin-Ethereum Atomic Swap

It is pretty interesting to see how different developers and coders tackle the challenge of cross-chain atomic swaps. Not too long ago, we touched upon the recent exchange of Litecoin for Decred through an on-chain payment. Although this was considered to be a major success in its own right, there may not necessarily be a demand for interchanging either of these currencies.

The new exchange conducted by Altcoin Exchange will receive a lot more attention, to say the very least. Being able to use cross-chain atomic swaps to exchange Bitcoin and Ethereum is pretty significant. Although the exact specifics are still shrouded in mystery for the time being, the team did provide some transaction IDs not long ago to confirm that the swap had taken place.

The team also acknowledged that both Decred and Litecoin’s Charlie Lee had shown them the way in regards to atomic swaps. This goes to show there is a genuine interest in the concept of switching between different cryptocurrencies without the use of centralized exchanges. It will be interesting to see whether or not this functionality will be expanded upon moving forward. In the end, it will be up to wallet providers to integrate this functionality.

There are some lingering questions as to how this transaction took place, though. Ethereum and Bitcoin are two very different blockchains which are not necessarily “compatible” as far as cross-chain atomic swaps are concerned. To that end, it is possible there was a hashlock contract involved, or perhaps even the use of BTC Relay.

The Altcoin Exchange team has promised to open source their Bitcoin-Ethereum atomic swap solution, which will be pretty interesting to keep an eye on. Right now, the developers are apparently in the process of documenting their work, which means this may not have necessarily been an easy process to integrate whatsoever. For now, all we can do is speculate as to how this feature works.

In the end, it is good to see more cross-chain atomic swaps taking place. This concept will effectively nullify the use of centralized exchanges, which will also render any cryptocurrency regulation even more mute. Exciting things are happening in the world of Bitcoin and cryptocurrency right now; that much is certain. Fully decentralized cryptocurrency trading is the future we have all been looking forward to.

Digix and ETHLend Announces Extensive Partnership on Decentralized Lending

digix ethlend logoTokenization of assets. Digix was one of the first proof-of-concept on tokenizing valuable real-world assets. Tokenization means that a value is translated into a tradable and easily transferrable digital format, a token. Digital tokens may represent any value from the real world, such as commodities, shares or property. Every DGX token contains the right to 1 gram of gold that is stored in an audited vault. Therefore, the value of the tokenized gold can be easily traded or pledged against a loan without moving the physical gold repository. This digital gold standard provides more flexibility to investors that are trading

digix ethlend logo

Tokenization of assets. Digix was one of the first proof-of-concept on tokenizing valuable real-world assets. Tokenization means that a value is translated into a tradable and easily transferrable digital format, a token. Digital tokens may represent any value from the real world, such as commodities, shares or property.

Every DGX token contains the right to 1 gram of gold that is stored in an audited vault. Therefore, the value of the tokenized gold can be easily traded or pledged against a loan without moving the physical gold repository. This digital gold standard provides more flexibility to investors that are trading in physical gold.

Moreover, unlike many digital tokens whose value is based on speculation on a blockchain startups future, DGX tokens are subject to the price of real gold. Therefore, these tokens are useful in situations where an investor aims to avoid volatility, while still having the benefits of owning a digital good.

ETHLend is a decentralized peer-to-peer application that is running on Ethereum network. ETHLend is a global lending market that connects lenders and borrowers from all over the world. ETHLend offers secured loans with the use of ERC-20 compatible digital tokens as a collateral. The application is ideal for token holders who are in need for liquidity and all those who want to participate in a free lending market. Instead of selling and closing a token position, a borrower can easily pledge digital tokens to receive Ether.

ETHLend is additionally adding a function to tie Ether loans to fiat currencies to avoid volatility and allowing familiar loan agreements for everyone, while keeping all benefits that separate blockchain technology from traditional banking: fast transactions even across borders, transparency for all parties and safety-by-design through self-executing contracts, called smart contracts.

Today Digix and ETHLend announce a mutual partnership that will create new use-cases and investment strategies for the DGX token holders and value stability and new functions for ETHLend platform users, whether they are individuals or businesses. The partnership consists of R&D collaboration, shared products and functions as well as combined efforts to educate and inform more people about the possibilities of business on the blockchain. The suitability of the DGX token on the ETHLend platform has already been tested successfully with test loans being collateralized by the gold token.

First, DGX token will be added as the first fixed token on the application. This means that a borrower who is willing to pledge a DGX token on ETHLend does not need to provide a smart contract address of the token. Instead, such information is readily available on the application.

Second, introducing a volatility feed. Since digital tokens bear volatility which must be taken into account, ETHLend and Digix will categorize the volatility of different tokens and map the results for users to understand the inherent risk of volatility. Such categorization is beneficial for the safety of  loan participants and it highlights the power of asset-backed tokens such as DGX. Also ETHLend will seek to incorporate a collateral-swap option, to allow on-platform asset swaps to low-volatility tokens, such as DGX, if the collateral value is dropping below a certain threshold in the middle of the loan.

Third, DGX as the token. ETHLend shall develop a smart contract on Kovan testnet to research the topic of token lending. ETHLend has received plenty of requests for lending tokens for different strategies such as short selling or hedging. DGX would be the token of choice for a stable lending basis. ETHLend will adopt token lending on the live decentralized application if the community continues to express the need for it.

Contact :

Digix
More info : https://digix.global/

ETHLend
More info : https://ethlend.io

Telegram : www.t.me/ethlend

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

Buy Website Traffic via Bitcoin or PayPal in TrafficBot

In general, TrafficBot is one of the best high-quality traffic delivery services, where you can able to find bitcoin-related traffic. Along with the traffic delivery, you can also look for the various bitcoin forecasts and technical analysis out there….

In general, TrafficBot is one of the best high-quality traffic delivery services, where you can able to find bitcoin-related traffic. Along with the traffic delivery, you can also look for the various bitcoin forecasts and technical analysis out there. Apart from bitcoin, they will also accept PayPal, WebMoney and bank transfers. The major motive of … Continue reading Buy Website Traffic via Bitcoin or PayPal in TrafficBot

The post Buy Website Traffic via Bitcoin or PayPal in TrafficBot appeared first on NEWSBTC.

Bitcoin Price Heads to $5,000 Despite Russia’s Cryptocurrency Exchange Ban Rumors

Despite rumors about the Central Bank of Russia’s short-term plans to restrict access to Bitcoin and cryptocurrency trading platforms, the Bitcoin price has surpassed the $4,860 mark and is heading towards $5,000. “Russia to ban #bitcoin trading!…

Despite rumors about the Central Bank of Russia’s short-term plans to restrict access to Bitcoin and cryptocurrency trading platforms, the Bitcoin price has surpassed the $4,860 mark and is heading towards $5,000. “Russia to ban #bitcoin trading!” – Bitcoin doesn’t care, approaching $5,000. Russia doesn’t even account for 0.12% of bitcoin trading. pic.twitter.com/o7j7nLTYlY — Joseph … Continue reading Bitcoin Price Heads to $5,000 Despite Russia’s Cryptocurrency Exchange Ban Rumors

The post Bitcoin Price Heads to $5,000 Despite Russia’s Cryptocurrency Exchange Ban Rumors appeared first on NEWSBTC.