South Africa Gets Its First Multi – Currency Crypto ATM

South Africa Gets Its First Multi - Currency Crypto ATM

South Africa’s first cryptocurrency ATM, able to process Dash, Ethereum, Bitcoin and others, will open at Northwold Spar in Johannesburg by the end of the week. “It is all awfully exciting,” says George Neophytou, Northwold Spar general manager, who leads the project to install the ATM. Users will be able to buy cryptocurrencies at the ATM, and exchange  Continue reading “South Africa Gets Its First Multi – Currency Crypto ATM”

China Ranks Ethereum as the World’s Best Blockchain Network, Bitcoin at no13

China Ranks Ethereum as the World's Best Blockchain Network, Bitcoin at no13

What?? Bitcoin only on place 13?  Well!

On May 17, China’s Ministry of Industry and Information Technology released its public blockchain ratings, ranking various blockchain projects like Ethereum in the global cryptocurrency sector based on three criteria: technology, application, and innovation.As shown in the chart below, the Chinese government ranked Ethereum as  Continue reading “China Ranks Ethereum as the World’s Best Blockchain Network, Bitcoin at no13”

Certified German Bank Transfers Loans With Bitcoin Subverts Swift

 Certified German Bank Transfers Loans With Bitcoin Subverts Swift

This is quite a Remarkable progress for Germans!

Founded by German Radoslav Albrecht, Bitbond is an online bank which now affords its customers the ability to transfer loans internationally — specifically, by using Bitcoin.The platform uses Bitcoin and other cryptocurrencies to subvert SWIFT — the self-proclaimed world’s leading provider of  Continue reading “Certified German Bank Transfers Loans With Bitcoin Subverts Swift”

Marshall Islands To Make Cryptocurrency Legal Tender in 2018

 marshall islands, cryptocurrency, crypto

This is truly amazing!

Legal tender means it’s illegal not to accept it as money, it must be accepted…

Marshall Islands, a small country of 53,000 people in the middle of the Pacific Ocean, may become the first sovereign state to make a cryptocurrency its legal tender, which means that its official digital currency must be accepted as a means of payment.Whereas  Continue reading “Marshall Islands To Make Cryptocurrency Legal Tender in 2018”

China To Establish National Blockchain Standards By 2019

China To Establish National Blockchain Standards By 2019

YES!!!  China is on the way to the future.

China’s government has reportedly begun working on national standards for blockchain technology in the country.
In an interview with Chinese press agency Xinxua’s Economic Information Daily, an official from the Electronic Industry Standards Research Institute under China’s Ministry of Industry and Information Technology confirmed that the authority is working toward establishing national standards for blockchain tech. The standards will reportedly be developed for implementations of blockchain technology in multiple sectors encompassing various decentralized designs. Li Ming, who is the director of the Blockchain Research Office at the standards institute under the IT Ministry, also revealed that a broader national plan for blockchain standards is also underway with a number of relevant government departments working toward establishing a    Continue reading “China To Establish National Blockchain Standards By 2019”

China’s president has been named 2018 World’s Most Powerful Person ahead of Putin and Trump.

China's President named world's most powerful person 2018

For what he was able to pull off this year, China’s president, Xi Jinping sure deserves the number spot.
In March, 2018, China’s congress amended its constitution in March, eliminating term limits and broadening Xi’s influence.  Continue reading “China’s president has been named 2018 World’s Most Powerful Person ahead of Putin and Trump.”

Bitcoin Smart Banknotes Now Available in Singapore

 bitcoin smart bank notes

It is really interesting seeing the type of ideas people come up with.

As cryptocurrencies are edging towards mass adoption, the most prominent of them, bitcoin, has taken on many mediums of traditional fiat currencies – ATMs, debit cards, futures, etc. Another avenue for cryptocurrencies has just been opened by Singapore’s Tangem, who launched pilot sales of physical bitcoin banknotes.Available at 0.01 and 0.05 BTC denominations, the Tangem Notes will significantly improve the ease of using and acquiring

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President of Venezuela to Create Cryptocurrency Bank For Young Students

President of Venezuela to Create Cryptocurrency Bank For Young Students

Venezuelan president Nicolás Maduro announced the launch of a Petro-funded crypto bank to support initiatives from youth and students, Latin American government-sponsored news outlet TeleSur reported yesterday, May 3.
During а speech for the Chamba Juvenil Plan, a social program that promotes jobs for youth, Maduro also noted the necessity of universities maintaining their own crypto mining farms to support the national economy.According to the The digital crypto bank  Continue reading “President of Venezuela to Create Cryptocurrency Bank For Young Students”

Dubai Will Be The First City in The World Powered by Blockchain

 dubai set to become the first government to be powered by blockchain technology

This will happen in 2020…

Dubai, the desert city in the Middle Eastern country of the United Arab Emirates always believes in doing things differently. Dubai has happily turned to Blockchain technology in trying to encourage foreign investments and entrepreneurs.Dubai is seen to be going very aggressive on Blockchain technology with various government departments building up relationships with companies to pursue Blockchain. On Tuesday, May 1st the Department of Economic Development (DED) has unveiled a join Blockchain commitment alongside Dubai Silicon Oasis Authority which is called ‘Dubai Blockchain Business Registry.’This initiative is built with the help of Smart Dubai office and longtime technology partner of Dubai, IBM. It will help the overall ease of doing business in Dubai and the facilitation of foreign  Continue reading “Dubai Will Be The First City in The World Powered by Blockchain”

UNDP Goes into Partnership With Crypto Startup on Solar Power Pilot

 

The solar cells will be owned by people around the world and leased to the recipient university, which allows the school to save on the costs of building the equipment, according to a n update.  Notably, the cells’ owners will be paid exclusively in cryptocurrency.

Continue reading “UNDP Goes into Partnership With Crypto Startup on Solar Power Pilot”