BLOCKCHAIN

Tradewind Digital Platform Uses Blockchain to Track Provenance of Gold

[ad_1] Tradewind Markets has launched a new system on its platform to track the provenance of its physical gold and other precious metals.On Nov. 5, Coindesk reported that Tradewind Markets, a blockchain-based digital trading platform launched its latest solution Origins. The digital tool provides supply chain provenance to buyers and sellers of precious metals.Tradewind tracks where its metal comes fromAccording to the Tradingwind website, Origins allows customers to buy and
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Bitcoin Cash Captured 90% of October’s Crypto Spending in Australia

[ad_1] Just recently the web portal Bitcoinbch.com reported that the number of bitcoin cash (BCH) Australian retail transactions throughout the month of September outshined every other digital currency by a wide margin. After the study, the researchers analyzed transactions for the month of October and once again BCH overshadowed the competitors when it comes to retail spending. Also Read: UK-Based Electric Bike Company Launches SLP Reward Token October’s Australian Crypto
BLOCKCHAIN

Æternity Releases Final Hard Fork Software to Compete with Ethereum

[ad_1] The core development team of blockchain platform Æternity announced the release of the software of its latest hard fork, namely Lima.Æternity announced in a press release published on Nov. 5 that the introduction of Lima improves the network’s virtual machines, governance and naming system. The purpose of the update explicitly described in the announcement is to challenge Ethereum and other blockchain platforms.A virtual machine ten times more efficient The press
BLOCKCHAIN

Ripple’s Xpring Invests in New Smart Contract Platform

[ad_1] Xpring, Ripple’s investment arm and tech incubator has completed a strategic investment into smart contract platform Flare Networks.Joining the XRP ecosystemOn Nov. 5, Flare Networks reported that it secured a partnership and investment with Xpring that will enable the company to bring a “wealth of resources and partners to enhance and extend the Flare, Xpring and XRP ecosystems.”The Flare Network, which has been over two years in the making,
BLOCKCHAIN

Arweave Secures $5 Million in Funding Round Led By Andreessen Horowitz

[ad_1] Venture capital firm Andreessen Horowitz has led a $5 million funding round for Arweave, a blockchain-startup focused on permanent online data storage.On Nov. 5, the Arweave project reported that it had attracted world-leading funds in a $5 million investment round led by Andreessen Horowitz’s a16z Crypto, with the participation of other top investors such as Union Square Ventures and Multicoin Capital.Arweave hopes to be the Library of AlexandriaThe startup
Business

Bitcoin’s Price Hovers Above $9,300, While Stellar Shows 20% Gains

[ad_1] Tuesday Nov. 5 — Crypto prices continue to show upward momentum across markets, while Bitcoin (BTC) hovers around the $9,300 price mark and Stellar (XLM) takes a shot at the moon with gains of more than 20%.Cryptocurrency market daily overview. Source: Coin360Bitcoin was trading close to the $9,400 price mark for a large part of the day but is showing signs of downward price behavior in recent hours. The
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New Hire to Head Digital Currency Research at the US Fed

[ad_1] The United States Federal Reserve is looking to employ a Manager, Retail Payments, part of whose responsibilities will be to oversee the research of digital currencies and distributed ledgers. The job ad has been published amid pressure from Capitol Hill to explore the possibilities of issuing a digital dollar. Also read: Why Central Banks Are Not Designed for Democracies Federal Reserve to Hire Retail Payments Manager Geopolitics is a
Business

Rep. Davidson Sees Place for Blockchain in US Manufacturing Despite Congress’ Concerns

[ad_1] United States pro-crypto Congressman Warren Davidson (R-OH) has once again called for clear regulations of blockchain industry to maintain U.S. economic dominance.On Nov. 4, Davidson published a letter in the Wall Street Journal in response to an Oct. 24 report on automation in manufacturing. The congressman urged the U.S. government to encourage innovators to stay in the country. The letter read:“If we allow fear to stifle their efforts, we
BLOCKCHAIN

Oxfam’s Blockchain-Based Agricultural Insurance Pays Farmers in Sri Lanka

[ad_1] The United Kingdom-based charity organization Oxfam International announced the success of its blockchain-based delivery system of microinsurance to paddy field farmers in Sri Lanka.In a Nov. 4 press release, Etherisc announced that Oxfam’s blockchain-based insurance system had made pay-outs to Sri Lankan farmers who continue to risk losing their crops due to extreme weather events.Blockchain reduces costs and increases pay-outsOxfam in Sri Lanka, together with its partners Etherisc and
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UK-Based Electric Bike Company Launches SLP Reward Token

[ad_1] On November 5, Cryptophyl.com, the SLP-centric trading platform, announced a commercial partnership with the bicycle company Toba Electric Bikes using SLP technology. Toba sells electric bikes for bitcoin cash and the company’s SLP token will be used for customer rewards. Moreover, Cryptophyl plans to list the token called ‘toba’ on the exchange for trading on November 15. Also Read: Billion Dollar Bitcoin Lawsuit Continues as Craig Wright Breaks Settlement