Ankara Should Be Built As A Cryptocurrency Base As A Moment

turkey-bitcoin

Becoming the Blockcha Turkey's and the current parameters of the development of the technology of the priority and urgency to pass mandatory subject of financial literacy in schools I İNOSA (Innovative Strategic Research Center) were negotiated by online activity panel.

In terms of saving, attitude and investment habits, Turkish people are inadequate and unsuccessful in managing their money and, in this respect, their life; In this context, in addition to the pandemic effect, it has become necessary to teach financial literacy in schools during this period when the world has entered a digital age, and the transformative power of blockchain technology in the economic / public services of the new world and Ankara's neighboring geography, especially the Turkish and Islamic world. Issues have been negotiated as the encrypted virtual) currency base should be.

About the relevant topics and results evaluated in the panel, the President of İNOSAM, Gürkan Avcı, stated the following in summary.

Continue reading at raillynews.com

What Is Steve Wozniak’s New Blockchain Venture?

steve_wozniak

Steve Wozniak, the co-founder of Apple, ventured into Efforce, a blockchain-based energy efficiency startup - 45 years after starting its first venture. Wozniak's ambitious project aims to use cryptocurrency and blockchain technology to make it cheaper and more comfortable for companies to fund "green" projects. The Malta-based startup was in stealth mode last year, which Wozniak had suggested at Delta Summit 2019.

This is the first blockchain-based energy-saving platform that is accessible to large and small investors, regardless of their borders, to monetize their transferable energy savings. Its goal is to democratize the $250 billion markets for energy efficiency projects.

The release of Efforce came with the listing of a digital token, WOZX, which was named Wozniak. According to the company, it had received an initial valuation of $80 million by investors in private sales. However, it recorded a market capitalization of $950 million in the first 13 minutes – which is remarkable.

Read the full story at: analyticsindiamag.com.

SIX Stock Exchange Adestors To The Venture By Opening Digital Assets To Swiss Banks

Swiss-National-Bank

The Swiss stock exchange SIX has invested in Custodigit, an institutional-level cryptocurrency custody company founded by Swisscom and Sygnum in 2018.

Announced on Monday, the investment is part of a deal for a new venture in which SIX Digital Exchange will team up with the other two companies to allow Swiss banks to offer digital assets to their customers.

The Institutional Digital Asset Gateway suite, already listed on six's website, will provide services including trading, routing and settlement of smart orders, as well as secure asset storage through Custodigit.

Read the full story at: nasdaq.com.

German Finance Minister Calls For Accelerated Development Of Digital Euro

digital-euro

Germany's finance minister and well-known crypto critic Olaf Scholz wants the European Central Bank (ECB) to move faster with its decision on a potential digital euro. Scholz is known for defending anti-cryptocurrency sentiments while encouraging the EU to develop digital currencies to prevent the proliferation of virtual private currencies.

Scholz's call for an EU CBDC echoes the sentiment shared by The Governor of France's central bank, François Villeroy de Galhau, in September. According to de Galhau, a digital euro was important because the EU could not afford to lag behind in the CBDC race. The president of the European Central Bank (ECB) also commented on the digital euro in September. As CryptoPotato reported, ECB chief Christine Lagarde said the introduction of a digital euro would work in a complementary way to the region's fiat currency system.

Scholz is arguably one of Europe's noisiest anti-crypto finance chiefs. On several occasions, the German finance minister has issued warnings about the dangers of private digital currencies such as Facebook's Libra.

Read the full story at: cryptopotato.com.

Saudi Bilateral, UAE Digital Currency Experiment Shows Benefits Of Distributed Ledgers, Says Central Banks

saudi-arabia

The central banks of Saudi Arabia and the United Arab Emirates (UAE) have completed a digital currency pilot (CBDC), finding that distributed accounting technology can improve international transactions and meet the demands of financial privacy in a purely digital context.

In a 93-page overview of the "Aber" project, the two central banks outlined the lessons learned from a year-long proof of concept designed to test the viability of a digital currency shared between nations. They found that a distributed payment system offers "significant improvements over centralized payment systems" for settlements of domestic and international commercial banks.

In addition to the two central banks, six local commercial banks managed us and contributed "real money" from reserves deposited in central banks. The pilot was built on Hyperledger Fabric, an open source and authorized distributed ledger linked to the Linux Foundation and IBM. However, the JPMorgan Quorum, a private version of Ethereum, and the R3 DTL String system were also considered.

Read the full story at: nasdaq.com.

Airbnb Should Consider Integrating Blockchain Technology

airbnb-apartment

The company previously plunged into cryptocurrency in 2016 when it acquired seven developers from Changecoin, the company that used to be part of the now defunct bitcoin deposit platform Changetip.

In addition, the process revealed how the company is considering whether to integrate other technologies such as distributed accounting, artificial intelligence, augmented reality and cloud technologies for the future. AI, in particular, had ramifications for the short-term rental industry, as companies used technology to monitor properties that violated specific regulations.

Airbnb made its public offering last week, after months of anticipation of the company's debut on the stock exchange. The process was postponed in March due to the Covid-19 outbreak, but the resurgence of its business over the summer brought the IPO back to the company's foreground.

Read the full story at: shorttermrentalz.com.

Are Tokens The Future Of All Finances?

Tokenizaton

Although there are many new technologies, they are not always successful. The success of technologies is measured by their ability to make processes more efficient. The same applies to the world of finance. As investors struggle with the cryptocurrency market, many of them have shift their focus to security tokens as they appear to be more promising.

Security tokens are the future of digital assets. In the recent past, security tokens and security token offerings have become fashionable words in finance and the encryption community. Everyone is trying to understand this digital asset.

STOs are great because they fill the gap. They are well regulated, versed and available. They have come a long way from a mere concept to success, especially in the real estate field. Owning an asset in security tokens gives investors more structure. They can expect to have their shareholding preserved in the blockchain ledger.

Read the full story at: theseeker.ca.

Blockchain Proponent Nigel Hughes Bets Heater Stakes High On Stablecoins Defi

defi-disrupted

Created as an alternative to the inherent volatility of cryptocurrencies such as Bitcoin and Ethereum, stablecoins are marketed as viable payment solutions for corporate blockchain use cases, since traders should - in theory - not hesitate to accept them. Speaking of traders, there are rumors that PayPal (NASDAQ: PYPL) could implement its own stablecoin, having recently announced support for a variety of cryptocurrencies.

The emergence of decentralized finance (defi) - a subset of the crypto market comprising tools to interact without confidence with open financial protocols such as savings and lending - highlighted stable currencies such as DAI and USDT, providing them with a myriad of use cases.

An anonymous community-oriented defi protocol, BXTB wants to transform the stable currency market through a yield-generating currency suitable for corporate use cases. Initially, his ambition is to unify the payment and settlement systems of the multibillion-dollar gambling industry, partnering with operators, platform providers and publishers to ensure a reliable and continuous betting experience.

Read the full story at: finance.yahoo.com.

Oxford And Cambridge Students Take Part In Bitcoin Trade Competition

oxford-cambridge

The company has made it clear that participants will be required to build trading algorithms that can conduct arbitrage trading, predict market movements through neural networks trained in historical data, momentum-driven strategies, time-based forecasting-based investment trends using deep learning models, and high-frequency momentum trading in volatile digital assets.

It is important to note that the participating teams will be accessed by a panel of experts in the crypto industry based on the return on investment generated by their trading systems, trading strategy and the technicality of their algorithm design.

The organizers will provide commercial capital to the participants and the winning team will have all the profit earned from the year plus the initial capital.

Commenting on the initiative, USMAN Khan, CEO of APEX: E3 expressed his enthusiasm with the level of enthusiasm shown by the participants, adding that the company will expand the scope of the project and the number of participating universities next year.

Read the full story at: btcmanager.com.

Ethereum 2.0 Deposit Contract Fully Loaded, IRS Sends Disconcerting Letters – Again

ethereum-v2

In case you lost, the CEO of PayPal, Dan Schulman, is optimistic about bitcoin as a real currency. Luckily for him, the PayPal will soon allow his network of merchants to accept bitcoin payments. Appearing on CNBC's Squawk Box on Monday, Schulman said the usefulness of bitcoin as a currency will coexist with its buying and maintenance status. The CEO also said that the central bank's digital currency is a global inevitability, although this may increase the usefulness of bitcoin. "I think there will be more and more use cases for cryptocurrencies" that make bitcoin more widely accepted, more stable and probably "more valuable" over time.

JPMorgan analysts say institutions are investing in bitcoins at a stronger pace this quarter than in the third quarter, according to the banking giant's "Flows & Liquidity" report. Published on Friday, the analyst's report likets institutional and retail buying. For example, in the third quarter, retail customers bought $1.6 billion in bitcoin using Square's Cash app, nearly three times more than what was invested in the grayscale bitcoin product.

Although in the fourth quarter, the Bitcoin Trust in shades of grey is with three times its numbers in the third quarter. To be sure, Square has not yet released figures related to customers' bitcoin purchases in the fourth quarter. (Shades of grey, like CoinDesk, is the full property of the Digital Currency Group).

Read the full story at: nasdaq.com.