📰 9 AUG 2018: IBM presents new global trade platform, Microsoft releases Ethereum on Azure PoA; Binance shows DEX pre-alpha and other news by ICO Telegraph
Today we have a lot of news about the blockchain development.
📌 New Ethereum product by Microsoft will consist PoA protocol
Microsoft Azure presents Blockchain-as-Service product on Ethereum
Microsoft Azure announced the launch of a new product named "Ethereum on Azure", which uses the model of "blockchain-as-a-service". The key point in the development of this product is the use of Proof-of-Authority (PoA), which does not require mining and mostly based on the work of validators.
On the other hand, Ethereum on Azure will also be useful to developers who have skills in C, C ++ and Rust, to create new smart contracts. As we can understand, this time users can do without the native syntax of Ethereum, Solidity. This new BaaS from Microsoft is more adapted, and more mainstream.
📌 IBM is on the way to build the global supply chain
The world of trade is waiting for big changes. Now everything in the hands of industry giants
It seems that we have reached this point.
IBM and Maersk (the world's largest container shipping company) are now studying the possibilities of global blockchain trade platform. And also, 94 other companies joined the task. According to the latest information, the new project called TradeLens is opening an early-adopter program, so, the supply companies will be more quickly connected to the new technological solution.
It is also worth taking into account that examples of projects in this area are not unique. Despite the fact that two giants have met on this platform, it is clear that due to the openness of the solution and its potential cost, not all will enter the IBM assembly. So far, among all these 94 companies, most of them are the banks and marine insures.
💰Market Cap: $230 379 763 750
💵24h Vol: $14 477 547 159
📊 Prices TOP 09.08.2018
↗️↘️Bitcoin: $6 544
↗️↘️ETH: $367
↗️↘️XRP: $0,351816
↗️↘️BCH: $616
↗️↘️EOS: $5,86
↗️↘️XLM: $0,217854
↗️↘️LTC: $64,08
↗️↘️ADA: $0,122825
↗️↘️USDT: $1,01
↗️↘️IOTA: $0,660227
📌 Binance releases blockchain for decentralized exchange (DEX)
The first blockchain tests were successful: proofs
The decentralized exchange from Binanсe was announced a long time ago, during this spring. It will work on its own blockchain, the element of which was shown in this video.
However, the details of the platform are not so clear. CZ himself says that new updates are coming, so, it will help to interpret the new technology correctly.
📌 «There is no mature valuation model in the market, and sentiment has become an important factor»
Longread: Da Hongfei, founder of NEO answers about markets/NEO honestly in his last interview
While we used to listen to out-of-crypto celebrities or heads of large investor companies, many of us almost forgot about the voice of the community. The founder of NEO Da Hongfei helps to understand better some things not only about his project but also about the crypto-currency market as a whole. Da also has an impact on Ontology's strategic planning now and is involved in NEX, Loopring, and Elastos as a consultant.
Honeycomb Finance: ONT has been falling rapidly recently. As a project consultant, what do you think is the reason for the decline?
Da Hongfei: Usually people ask me why a certain target falls, my answer is generally too much. There is no mature valuation model in the market, and sentiment has become an important factor.
When the market has an imaginary space, you will produce expectations, prices will rise, and you will self-reinforce this expectation. Recently, the market as a whole has declined, and as the price has fallen, the downside expectations are also strengthened.
Further, the interviewer quite often switches to the topic of the value of NEO/ONT assets, their promotion and so on. Perhaps too often. Nevertheless, during this interview, if you read it, there is information about NEO's plans. For example, one of the key points is the creation of the Yellow Paper (a technical document).
The team also implements first a natural, and then a computer programming language, realizing that this is the most correct way of development at this stage. The number of external specialists is also expanding, but there are still few talents locally, Da says. Projects are struggling with the help of specialists, and the crypto infrastructure is increasing volumes - it seems, it really "has nothing to do with the bear market."
📌 More updates
- NEM and Unibright have become strategic partners. Unbright will consist NEM-based protocol for integrated business solutions, which are oriented on «mainstream usage».
- Bittrex exchange is adding more USD markets: USD/ETC and USD/XRP pairs will be available on August 20. Will this affect the activity of XRP investors?
- California-based company Intuit received a patent for sending Bitcoin transaction via SMS.
We are sure that this is not all that happened today. Do you know more? Share information in comments.
💱 Exchanges: 24h volume
Binance 1.51B → 17.16%
OKEx 1.04B→ 11.80%
There are only good news about Cryptos last time but the Market is since 6 months in bearish. Why??
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