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Topics - Buenoscoin

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16
In an effort to promote more developments based on Blockchain, the Bank of China (BOC) signed an agreement with the service provider 'China UnionPay' (CUP), in order to develop a payment system supported in the distributed ledger.

This new development is designed with the purpose of providing a greater amount of opportunities to establish links between corporations and make cross-border payments.

In this sense, a spokesman of the BOC commented that:

According to the trade agreement, the two interested parties will continue to take advantage and promote more progress in their respective areas, actively implementing the requirements of the mobile payment convenience demonstration projects, deepening the general cooperation in the field of mobile payment, promote the development healthy and fast payments industry and will provide intelligent, open, integrated and feature-rich digital mobile financing for customers.

For its part, both the BOC and the CUP intend to explore developments in 'Big Data' and greater solutions in distributed ledger technology, in order to improve the products offered in digital banking.

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17
The Hard Fork portal reported today that the adult videos page, Tube8, will be a new association of Vice Industry Token (VIT) to pay its users for interacting with the platform. The association will convert a Tube8 into the first platform for adults that will award rewards in tokens and will pay for its users for the activity they do.
The portal, which is a subsidiary of Pornhub and receives more than 150 million visits each, hopes to implement payments with VIT tokens throughout the platform and will reward those visitors who, beyond the videos for a few minutes, deepen their interaction when creating an account, “like” and share the videos and post comments. The page hopes to implement the tokens by the end of the year.
Robin Turner, spokesperson for the adult page, said that “receiving a payment for watching adult content was always an unattainable dream.” He added that with the introduction of the VIT token, the portal marks a milestone in the way people consume this type of entertainment and that beyond the videos and go, “VIT encourages them to create an account and interact with the content to generate Vice Tokens “.
Turner added that users do not have to pay the additional fees to use their chips and hopes that as much as the cryptocurrency will benefit each other by expanding their user base. The adult page does not include how the rewards are calculated, but it is expected that users will not be able to enter the system just for profit.
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18
Over the years, it seems that the way we perceive the value is different depending on the context and, often, it does not correspond as it should. With the cryptocurrency boom, billions of dollars have been raised in investments, while charities and many hospitals are collapsing; Thousands of people die crossing borders and being refugees, while others store bitcoins just to observe how their price fluctuates.

Based on this vision, the artist of Chinese origin Ai Weiwei and his partner Kevin Abosch devised a concept in the pure style of a work of art represented in a chain of blocks, consisting of two tokens of the Ethereum network. Only two tokens, known as PRICELESS (PRCLS), were created: one of them will not be available to the public at any cost; the other token will be divided into 1 million fractions, which will give access to billions of citizens around the world who, in turn, can subdivide that piece into 18 even smaller decimals.
 
Additionally, only a limited number of series will be physically printed. Once the fragments are in the hands of the people, each one will be able to attribute a different value to them.

One of the questions that the authors wish to bring to the conscious of their followers is how the concept of the invaluable or valuable is perceived; for example, how they see the token that is unattainable in terms of value and possibility of possession, compared to what is easily available.

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19
The Ico Journal portal claims to have an exclusive where two sources close to the exchange of Gemini cryptocurrencies, corroborate the rumors that they and Nasdaq plan to work to create a "joint venture" to list tokens. The rumors would have appeared at the end of July after Nasdaq met in secret with several personalities from the world of cryptocurrencies.



As CoinCrispy had previously reported, executives of the world's second largest stock exchange, Nasdaq, met with personalities from the critomy industry in secret in Chicago. Among those summoned to the meeting, which apparently was to encourage the industry to do things that will improve its image, were the Winklevoss twins.



The anonymous sources confirm that the two companies have held subsequent talks after the meeting that could lead to specific purposes. According to them, Nasdaq would be planning to list the world's leading crypto-currencies, at least Bitcoin (BTC) and Ether (ETH), for world trade. Secrecy is maintained because Nasdaq is cautious and is working closely with regulatory bodies.



Gemini's first source commented that "Nasdaq, and its leadership, are already predisposed to find a solution to architecture and be the first to list real tokens." He says that the structure Gemini is showing them makes them feel calm to the point that they are creating a timeline to give a decision that "could be earlier than some might think".



The second source was even more specific and came to mention a story that did not have much traction where Gemini is practically doubling its workforce due to its work with Nasdaq. Additionally, he said "If you made me bet, I would invest in a joint venture of some kind that would see several tokens available to the public to be listed on the Nasdaq in the second quarter of 2019."





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20
There are still many mysteries to unravel in the universe of cryptocurrencies and one of the largest in the identity of Satoshi Nakamoto, the creator of the famous bitcoin (BTC).

Although a recent publication sheds new clues about the case. It turns out that Ripple's technology chief (CTO), David Schwartz, had already created a distributed computing system some 20 years before the contemporary blockchain technology; Now the question is whether Schwartz could be Satoshi Nakamoto.

According to the sources, in August of 1988 Schwartz introduces a patent for the creation of a distributed computing system for use in personal computers, where the power of processing can be shared across the networks. And after the granting of the patent in 1991, Schwartz did not do anything about it, leaving his supposed idea in oblivion.

Despite advances and revolutionary theories, the time when Schwartz devised the concepts was not the ideal, that personal computers did not have a high computing power, making his theory, many years later, will be almost obsolete.

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21
Through a note on his official blog, the CoinbaseCompany announced on Wednesday the acquisition of a startup called Distributed Systems that specialize in the use of blockchain technology to offer decentralized identity services. None of the companies revealed the details of the purchase agreement.

Coinbase, one of the largest stock exchanges in the world to buy and sell cryptocurrencies, is looking for a series of acquisitions to expand its portfolio beyond cryptocurrency exchange services. For this reason, it buys Distributed Systems, a company also from San Francisco, whose mission is "to put users in control over their data and privacy".

Coinbase, which now houses some 20 million accounts and has a valuation of USD $ 8,000 million, given that the Distributed Systems help the company to explore ways to integrate the decentralized identity to the services of its platform. This already has to be attached to the processes of Knowing the Customer (KYC) and anti-money laundering.

The five employees of Distributed Systems, which is relatively unknown for not having a large footprint in social networks, will be immediately incorporated into the identity team of Coinbase. The startup had worked in the past with an open identity standard for users of decentralized applications using blockchain technology.

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22
Cryptocurrency discussions / Kim Dotcom suggests investing in Bitcoin
« on: August 15, 2018, 03:07:26 PM »
Kim Dotcom, creator of the extinction platform Megaupload, hacker and Bitcoin enthusiast, has issued a warning to Americans and users from other latitudes where he assures that an 'economic collapse' is near, and the investment in cryptocurrencies is the answer in the face of this potential crisis


Through his Twitter account, Dotcom explained that the debt of the US government. UU., They knew the experts that could duplicate the Congress, their current bets and Bitcoin to stay. afloat before the financial collapse of the North American country. In this sense, Dotcom wrote:


1 TRILLION DOLLARS in additional US Government debt BY YEAR! US spending is financed by lenders who will never receive payment. The US empire will collapse, followed by a global economic collapse. Change your dollars to Gold and Bitcoin as soon as possible before the dollar turns into toilet paper.


In fact, Dotcom realized that Trump came to the presidency, gave himself over to an empire with life support, and for the moment, only one country in bankruptcy, so citizens must prepare for the collapse.

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23
Entrepreneur and cryptocurrency enthusiast Tom Lee, also founder of market research firm Fundstrat, has assured that millenials feel a deep distrust in the current financial system, and that this situation could trigger the incursion of new companies favorable to the environment of Blockchain and cryptocurrencies.

Through several messages posted on his Twitter account, Lee based his assertion on the recent announcement of the Intercontinental Exchange Group (ICE), a company that operates in 23 financial exchanges and regulated markets, about how Bitcoin is creating the beginning of a new financial era.

Also, Lee highlights the fact that traditional financial companies such as Goldman Sachs and American Express are looking for ways to enter the cryptocurrency market, a situation that would greatly benefit millennials who, according to Lee, seek to escape from traditional banking.

Lee also points out that the new ICE Bakkt platform could include numerous advantages for currency exchanges and current cryptocurrency businesses such as Coinbase. For example, ICE plans to create a new format for futures contracts that will soon offer more favorable results for Bitcoin users than those currently offered by the major Chicago exchanges.

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24
Mastodon, social network with an interface and features quite similar to Twitter, but that works in a completely decentralized, would have attracted more than 1,300 users of the crypto community to its ecosystem dedicated to Bitcoin in just a couple of days.


The network works through several instances or communities, in which users can see and share content only from their own instances or even through all available ones.


The Bitcoin instance is organized by bitcoinhackers.org and among its most active members are Akin Fernandez (known as Beautyon on Twitter and other social networks), founder of Azteco. In addition, the CEO of Satoshi Portal, Francis Pouliot, is also actively involved.


Also, apparently Mastodon is in the process of beginning to accept payments in Bitcoin for hosting, while some users would have requested the addition of a tip button Lightning Network.


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25
The US web tool for excellence in advice on the diamond market, 'Rare Carat', revealed its latest partnership with the blockchain firm 'Everledger', with whom they will launch the 'Rare Carat Report TM', in order to allow consumers Access a complete database about the pieces you wish to acquire.

The new application 'Rare Carat Report TM' will allow customers to access data on value / price, strengths and weaknesses, as well as origin of diamond pieces.

For those who have not heard of it, 'Rare Carat' or 'Kayat', as it was called by Forbes, is the company par excellence in the US. UU provider of unbiased information about the diamond industry, which has about one billion users and integrates state-of-the-art technologies, such as artificial intelligence, 'machine vision' and 'machine learning' to guide its clients towards a better experience online.

For its part, the tool developed will use artificial intelligence (AI) technology to predict the price of diamonds in the market with the minimum error and users should only provide the piece certification number to obtain the desired results.

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news of the cryptoworld.

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26
Cryptocurrency discussions / Report reveals that ICOs have increased
« on: August 12, 2018, 04:58:24 AM »
A report by the ICORatings platform reveals that during the second quarter of the year, the Initial Currency Offer (ICO) has increased by 49% compared to the first quarter. On the other hand, they mention that, despite the increase, collections have decreased by 12% during the same period.

ICORating, which is an independent agency that researches, evaluates and qualifies ICO projects and assigns them qualifications, published its quarterly report in which they note that 288 ICO projects were launched in the last three months. In comparison to the 193 of the first months of the year, this represents an increase of 49%.

The report also indicates that 50% of the ICOs announced in this period were not able to exceed USD $ 100,000 of investment. Last year, for example, during that period only 13% of the projects were not able to reach that amount of money. For the platform, this is a reflection on the quality of the projects since, according to them, they have "significantly worsened".

Regarding the money collected by the ICO, the report says that 55% could not complete their collective financing or crowdfunding. On average, 17% of the projects raised between USD $ 1-5 million while another 12% raised between USD $ 10-25 million. It should be noted that the three best projects raised an average of USD $ 50 million.

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27
Cryptocurrency discussions / What is DLT technology?
« on: August 10, 2018, 04:37:53 PM »
The acronym DLT corresponds to a distributed Ledger technology. It is a consensus of digital information that is synchronized, replicated and shared among all the members of a network that can include from institutions to countries.

In this type of technology there is no figure of a central administrator, much less in a specific place where all the data are stored, which are distributed and replicated between the nodes of the same. To do this, there are complex mathematical algorithms that are resolved by the members as a consensus to approve and replicate the information.

With this, it can be said that the primary functionality of the DLT is the choice of any other part of the world, forming a red in which these shared data will validate them and the registrars in a specific way without having to go to a third party so that the take care and administration. It is for this reason that it is often considered decentralized.

However, an important feature is the fact that the implementer has the condition of establishing the conditions under which it is operating. So that the Technology of Distributed Accounting exists an implementing figure that allows the structure of said technology, its operation and its purpose, whatever it does about the decentralized character mentioned in the previous paragraph.

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28
Steve Wozniak, co-founder of tech giant Apple will be the chief spokesman for the upcoming Crypto Invest Summit (CIS) held in the city of Los Angeles. The CIS is currently leading the efforts to create an opening for the massive access and adoption of the networks and the block chain, which at the moment only has the Internet of tech connoisseurs and fanatics.

Wozniak has not really repaired comments about nascent technology, blockchain and digital assets in general, being a firm believer in justice, decentralization and distribution as primary benefits of these technologies.

In this sense, it is at the head of the CIS, which returns to the city of Los Angeles between the 22nd and the 24th of next October, and that has more than 100 exhibitions, 200 spokespersons and 6,000 visitors.

Also, other recognized spokesmen who confirmed their presence in this edition are Yossi Hasson, Crystal Rose, David Welip, Tim Draper, David Bleznak, Tegan Kline, Alex Wearn, Rodney Sampson, Miko Matsumura, Emily Bush, Jeremy Gardner, Scott Waker, Ran Neu-Ner, Steven McKie and Adam Draper.

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29
Bitcoin had significantly lowered its status as the cryptocurrency par excellence for criminal activities, according to a report by the US Drug Enforcement Administration (DEA).

In statements to Bloomberg, agent Lilita Infante was notified that the proportion of criminal activity related to Bitcoin (BTC) had decreased considerably, after being linked to 90% of them only 5 years ago.

Currently, less than 10% of transactions linked to crimes carried out in Bitcoin. However, according to the agent, this does not mean that the number of transactions has been reduced - on the contrary, that it has increased - but that the cryptocurrency is being used differently.

"The volume of transactions has grown too much, the number of transactions and their value in dollars has grown considerably over the years in criminal activity, but the proportion has decreased. Most transactions are being used to speculate with the prices,” Said Infante.

Bitcoin is a secure tool that can be tracked, but even private or anonymous cryptocurrencies such as Dash, Zcash and Monero can be tracked by the DEA according to the agent, because the addresses of the portfolios are no longer available in the identities of its users as in the past.

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30
The University of Alicante, in Spain, became the first public university of that country to create a Blockchain Laboratory Applied to Public Administrations and Companies (BAES), attached to the Institute of International Economics of this house of study.

According to the information published on the official website of the university, the staff of the BAES is formed by a multidisciplinary team of lawyers, economists and computer scientists and has the participation of scientists from the European Laboratory of Particle Physics (CERN). The objective, according to its director, who is also Professor of Commercial Law at the University of Alicante, Carmen Pastor, is to develop cryptoactive technology in the field of public and private administration, in addition to achieving a European standard.

Pastor adds that the idea of the Laboratory is to become national and international references in this area, both in Europe and in Latin America. Therefore, the Laboratory also works together with AlicanTEC, an association for the promotion and promotion of the new technology and the knowledge society in the province of Alicante.

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