Six Japanese Publicly Listed Company To Offer Crypto Exchanges Services
Six publicly listed companies in Japan have confirmed entering the cryptocurrency exchanges business.
The first among them is Money Forward which is a budget-managing app operator with 5.5 million users.
This company plans to establish Money Forward Financial which will launch Blockchain and virtual currency related products and services including virtual exchange.
Another company who plans to venture to cryptocurrency business is Drecom whose primary business is development and marketing entertainment content for mobile and PC.
It plans to offer it customers virtual currency exchange and cryptocurrency settlement services.
Yamane Medical Corporation which operates nursing and personal care plans to amend its article of incorporation to include crypto related services including virtual currency exchange business.
Tokyo-based global mobile app marketing company Adways has expressed venturing to crypto-exchange related business at in partially amends its Articles of incorporation to include virtual currency exchange.
Two other publicly listed company Avex and Daiwa who are engage in the music industry and security brokerage respectively has also indicated to join the other publicly listed companies in offering virtual currency exchanges.
Venezuelans Are Mining Cryptocurrency For Passive Income
Venezuelans citizens are turning to cryptocurrency to make up for their lack of funds due to its economy experiencing the worst hyperinflation crisis in the world which.
According to Bloomberg it cost around 900K bolivars ($.9) to pay for coffee, pastry and a glass at juice at a café but they can pay their monthly utilities (internet, electricity, gas, water and phone) for about 300k bolivars.
It was estimated that a Small mining setup can earn you as much as $1,000 USD a month a decent amount of money where a family of 4 can live off $500 USD monthly.
Earlier this year the President of Venezuela, Nicolas Maduro, launched a program that is encouraging its citizen to setup cryptocurrency farms throughout Venezuela.
The program was called “Plan Chamba Juvenil Digital” or Youth Digital Work Plan which hopes to attract more than 1 million students.
TE-Food Bringing Halal Food Using Blockchain Technology
It is estimated that Halal food market would reach $2.55 Trillion in trade by 2024. Halal is an Arabic word that means permissible.
Muslim has a certain code on what food can be consumed and how the food is prepared. This code followed by more than 2 billion Muslims around the world a significant size in the Global food industry.
One of the biggest challenges in the Halal industry ensuring that the foods that are sold are to Muslims confirms with Halal.
There a number of certification bodies around the world but these are limited in their ability to ensure that food are Halal specially in countries where Muslims are a minority as food producers to not often stock Halal food due to the special and strict requirements of making it infeasible.
TE-Food seeks to change all that as it is a decentralized food tracing company food business a complete and full traceable solution.
The company uses Blockchain to enable checking of every material that goes into the finished product.
TE-Food has been in operation since 2016 and has more than 6,000 clients such as CP group, Big C, Aeon and Lotte Mart.
Wikipedia Founder Jimmy Wales In BlockShow Europe 2018
The BlockShow is bringing their journey to a close with its main conference in Berlin on May 28-29, 2018 with over 80 Blockchain experts sharing their insights about the nascent industry from their expertise on a wide range of cryptocurrency related topics as well as its underlying technology Blockchain.
There are a total of 8 BlockShow conferences that was help in Europe of the past two months that has seen bringing in amazing keynote speakers and networking opportunities to attendees.
In the conference organizers held Question and answer session with promising Blockchain startups of which, attendees can vote to participate in the BlockShow Oscar with a grand price of 50,000 Euros.
One of the main event in the BlockShow is the keynote speech of Wikipedia founder Jimmy whales who has admitted have been experimenting with bitcoin since 2014.
The said convention will be attended by more than 3,000 blockchain influencers and enthusiast which will feature more than 150 projects.
BlockShow has a specially designed app that enables those attendees to have the most efficient networking experience possible.
The show is also attended by representatives of Central banks and European governments.
Tickets price starts from 1988 Euros per ticket and may increase to 2488 Euros as the show nears.
Chinese Government Fast tracks Blockchain Development Wants Immediate Results
The Chinese government has instructed local financial entities and government-funded research to concentrate and accelerate development of Blockchain technology so that it can be used commercially.
It is largely seen that China has taken a pro-blockchain attitude in 2018, both the Chinese government and local authorities have been funding multi-billion initiatives in the said nascent technology.
Areas like Hangzhou City and Guandong province have demonstrated keen interest in Blockchain technology.
The former funded a $1.6 billion Global Blockchain Innovation Fund and the latter has piloted a Free Trade Zone that encourages the development of technologies to be utilized in the fourth industrial revolution such as Blockchain, Artificial Intelligence and Big Data.
China wants to demonstrate that can too be in the forefront of the Fourth Industrial Revolution and lead in emerging technology such as the blockchain.
Headlines for the world of Cryptocurrencies - May 26, 2018Tron Plans To Acquire BiTorrent Inc. / Czech Energy Company Accepts Crypto And Will Initiate Crypto Crowdfunding / World’s Largest Diamond Retailer Will Use Blockchain / Coinbase Getting In to Decentralized Exchange business / Multiversum, NEM And ProximaX |
|---|
Headlines for the world of Cryptocurrencies - May 25, 2018Bitcoin Probe A Good Thing / American Express Revamps Reward Program With Blockchain Technology / More Americans Will Be Interested With Bitcoin If Fed Relaxes Post-2008 Measures / Unilever-Owned Company Starts Accepting Bitcoins As Payment / The Largest Bank IN RUSSIA Pilots First Official ICO |
Headlines for the world of Cryptocurrencies - May 24, 2018Ashton Kutcher And Ripple Donated 4M USD On Ellen DeGeneres’s Wildlife Fund / IBM TO Create 1,800 Jobs For Blockchain, AI and IoT In Two Years / Coinjanitor and Deadcoin.com Partnership / Tom Lee Cites Three Factor To Support $25,000 Price Prediction / Bank Of America Awarded With New US Blockchain Patent |
