Connect with us
[crypto-donation-box]

Blockchain

Enterprise Ethereum Builds in the Shadow of Global Pandemic

In these unusual times, our Ethereum community continues to innovate and thrive. Blockchain leaders across the globe are banding together to advance their vision during this civil lockdown. Why? Well because the times signify much of the foundational rationale for the inherent value of blockchain. Pioneers from all over once set out to create a […]

The post Enterprise Ethereum Builds in the Shadow of Global Pandemic appeared first on Enterprise Ethereum Alliance.

Republished by Plato

Published

on

In these unusual times, our Ethereum community continues to innovate and thrive. Blockchain leaders across the globe are banding together to advance their vision during this civil lockdown.

Why? Well because the times signify much of the foundational rationale for the inherent value of blockchain. Pioneers from all over once set out to create a world of collaboration built on a new foundation of trust.

Now more than ever, the concepts of transparency, cryptography, and decentralization bear repeating. As do the importance of global interoperability and open standards prioritized within EEA.

Let historic economic stimulation, healthcare uncertainty, and pandemic not affect our poise. Just last week, the World Economic Forum reported that blockchain and digitization could help supply chains survive crises like COVID-19. “Blockchain is the ideal technology to ensure that data on performance and risk, which underpin all chain finance transactions, can be shared in an authenticated manner with financiers and other parties to a transaction, even when there is no direct relationship between them.”

Valuable investment into real-world use cases and new applications like these continue to take shape. Our members lead initiatives to accomplish what so many seek: improved data management, streamlined processes, greater transparency, increased risk management, heightened security and compliance, to name several.

Despite the peculiar circumstances, our growing global community of leaders, innovators, and developers continue to collaborate to create enterprise-ready blockchain solutions.

JOIN NOW

You Don’t Want to Miss – Monthly Education Series

Join us for an in-depth conversation on all things DeFi. Ryan Sean Adams, founder of Mythos Capital, will accompany EEA Chairman of the Board, John Whelan, who is also the Managing Director of Digital Investment Banking at Banco Santander.

They plan to discuss a range of topics such as the state of cryptocurrency and what a decentralized financial world truly looks like. They will share their unfiltered opinions on the impact DeFi will have on the world as we shift away from traditional core financial systems.

Members within the EEA regularly gain access to invaluable content and resources like this. Upon joining, any member from your organization can participate and collaborate.

Upcoming Public Meeting – May 13 @ 12:30 (ET)

REGISTER

How to Get Involved

The Ethereum community was invited to a public webinar on April 3 that featured leadership within the EEA and Ethereum Foundation.

  • Want better understanding of how business applications are being built and run on Ethereum Mainnet?
  • The presentation was focused on the work produced in the EEA Mainnet Working Group and various other EEA Technical Working Groups. If you missed it, our member Unibrightuploaded a recording of the presentation, seen below.

Recent Meeting – Mainnet Working Group

VIEW

We invite the community to participate in the EEA Task Force survey of enterprise use cases and applications for Ethereum Mainnet.

Public Survey – Enterprise Use Cases

TAKE SURVEY

Blockchain Community Recognition

An effective way to become well recognized in the industry is to actively participate in our leading Technical Working Groups and Special Interest Groups. We have seen numerous members build deep credibility in the blockchain community by leading within the EEA.

As an EEA member, any your organization’s employees can access our collaboration site and join our various groups. These groups drive all the valuable activity and resources within the EEA, and they’ve always met virtually – so our members continue to connect and advance without losing momentum.

Here is a glimpse into what several of them are up to:

  • A.I. and Blockchain Special Interest Group: They have built a cohesive, rapidly expanding group of thought leaders who research, explore, and champion the synergies of artificial intelligence and blockchain. They develop enterprise use cases and formalize the integration of the ongoing proliferation of learning models, artificial intelligence, and blockchain.
  • EMINENT (Ethereum Mainnet Integration for Enterprises) Task Force: Their focus is to build open source available reference implementations and guidelines for Ethereum Mainnet integration with enterprise “systems of record”. Business processes that full under this umbrella include ERP, CRM, and supporting processes in financials, controlling, material management, sales, distribution, and human resources. The EEA work focused on the baseline-protocol resides here.
  • Enterprise Use Cases Task Force: The goal here is to align the allocation of resources in the Ethereum community with the needs of enterprise applications and developers. This Task Force explores enterprise use cases and identifies the requirements and specifications essential to building future-state solutions.
  • The Financial Services Special Interest Group: Industry leaders collaborate to ensure the solutions and specs developed meet the needs of the greater FinServ industry. They create innovative new use cases while converging blockchain and traditional financial systems with focus on compliance, legal, and regulatory best practices.
  • The Supply Chain Special Interest Group: As the world evolves as do our supply chains. Their charter is to explore new ways to solve existing supply chain challenges and build systems that will thrive in the globalized future. They drive the use and adoption of Enterprise Ethereum to streamline processes, improve data flow, and mitigate distribution risk .

Your team could contribute to the development of best use cases and technical specifications that benchmark EEA as a world-class standards development organization.

No Better Time Than Now

Now more than ever, you need a strong voice in the Ethereum ecosystem to thrive. The EEA has a very strong social following, and we’re very happy to highlight anything your team is doing in the Enterprise Ethereum space. We’ll promote your applicable projects, blogs, or upcoming webinars through our social channels, and utilize our monthly newsletter to promote any news that covers you and your projects.

As a member-led organization, our goal is to drive the use of Ethereum blockchain technology as an open standard to empower all enterprises. We connect Fortune 500 enterprises, startups, academics, and technology vendors with Ethereum subject matter experts.

With hundreds of members located across 45 countries, we welcome your team to join us!

Source: https://entethalliance.org/enterprise-ethereum-builds-in-the-shadow-of-global-pandemic/

Blockchain

Mark Cuban Backs Ethereum-Based Data Marketplace dClimate

Mark Cuban Ethereum

Rate this post Dallas Mavericks owner, Mark Cuban is betting big on Ethereum’s future. The billionaire investor is joining Ethereum-based data project dClimate, a decentralized network for climate data, forecasts, and models based on the Ethereum blockchain and powered by the oracle network Chainlink Mark Cuban to Join Ethereum and Chainlink Data Project dClimate  Cuban has been advocating for crypto investments and adoption in the last few years. The tech entrepreneur has shown a great deal of interest in Ethereum in particular. During an interview, Cuban discussed the blockchain’s potential to disrupt banking, healthcare, and software companies. He also claimed that Etherem has a “greater long term” value as compared to Bitcoin. Following that, he invested in an Ethereum scalability startup Polygon. With his latest investment, Cuban is set to unleash Ethereum’s disruptive capabilities in a sector that ripe for a change: data. dClimate connects businesses and entities in need of climate data with publishers who can fulfill their needs. The company uses blockchain to eliminate middlemen and ensures transparency with an in-built mechanism to score the data quality. It also employs Chainlink — an Ethereum-based project that delivers information in and out of a blockchain network — to fetch the climate data. Chainlink is designed to connect blockchains with data in the real world in a secure manner. Over the last year, Chainlink has benefitted immensely from hundreds of partnerships with crypto-related projects, resulting in a 1000% surge in the value of LINK, its native token. Cuban’s Expertise is Invaluable to dClimate According to dClimate co-founder Sid Jha, Cuban’s understanding of blockchain and smart contracts could evolve and add transparency to the climate data industry. Furthermore, he stated, “His insights and expertise will be an invaluable asset to the dClimate team as we build a platform that can be leveraged by the many stakeholders who need reliable and secure weather data to build climate resilience.” Apart from Ethereum, Cuban has also expressed an interest in Dogecoin, a meme-currency that has a market cap of over $40.7 billion. His professional basketball team, Dallas Mavericks is also supportive of the crypto revolution and started accepting Bitcoin for payments two years ago.

The post Mark Cuban Backs Ethereum-Based Data Marketplace dClimate appeared first on Cryptoknowmics-Crypto News and Media Platform.

Republished by Plato

Published

on

Table of Contents

Rate this post

Dallas Mavericks owner, Mark Cuban is betting big on Ethereum’s future. The billionaire investor is joining Ethereum-based data project dClimate, a decentralized network for climate data, forecasts, and models based on the Ethereum blockchain and powered by the oracle network Chainlink

Mark Cuban to Join Ethereum and Chainlink Data Project dClimate 

Cuban has been advocating for crypto investments and adoption in the last few years. The tech entrepreneur has shown a great deal of interest in Ethereum in particular. During an interview, Cuban discussed the blockchain’s potential to disrupt banking, healthcare, and software companies. He also claimed that Etherem has a “greater long term” value as compared to Bitcoin. Following that, he invested in an Ethereum scalability startup Polygon.

With his latest investment, Cuban is set to unleash Ethereum’s disruptive capabilities in a sector that ripe for a change: data.

dClimate connects businesses and entities in need of climate data with publishers who can fulfill their needs. The company uses blockchain to eliminate middlemen and ensures transparency with an in-built mechanism to score the data quality. It also employs Chainlink — an Ethereum-based project that delivers information in and out of a blockchain network — to fetch the climate data. Chainlink is designed to connect blockchains with data in the real world in a secure manner. Over the last year, Chainlink has benefitted immensely from hundreds of partnerships with crypto-related projects, resulting in a 1000% surge in the value of LINK, its native token.

Cuban’s Expertise is Invaluable to dClimate

According to dClimate co-founder Sid Jha, Cuban’s understanding of blockchain and smart contracts could evolve and add transparency to the climate data industry. Furthermore, he stated, “His insights and expertise will be an invaluable asset to the dClimate team as we build a platform that can be leveraged by the many stakeholders who need reliable and secure weather data to build climate resilience.”

Apart from Ethereum, Cuban has also expressed an interest in Dogecoin, a meme-currency that has a market cap of over $40.7 billion. His professional basketball team, Dallas Mavericks is also supportive of the crypto revolution and started accepting Bitcoin for payments two years ago.

READ  Diginex Is the First Crypto Exchange to Go Public on Nasdaq

#DClimate #Ethereum #Ethereum and Chainlink #Mark Cuban

Source: https://www.cryptoknowmics.com/news/mark-cuban-backs-ethereum-based-data-marketplace-dclimate/

Continue Reading

Blockchain

Bitcoin Struggles to Breach $40k After Fed Schedules Interest Rate Hike

Bitcoin Fed

Rate this post Bitcoin struggled to soar above $40,000 as investors unpacked the latest Fed announcement. On Wednesday, the Federal Reserve announced that it planned to increase interest rates twice in 2023, much sooner than the markets expected. The announcement incited fears that the banking system could also curtail its bond-buying program. Bitcoin Tumbles Amid Fed Announcement on Interest Rate Hikes in 2023 Bitcoin (BTC) prices are tumbling again after briefly showing signs of recovery. The currency was changing hands at an intraday low of $38,300, following its decline from the $40,000 mark. Meanwhile, in the stock markets, DOW and S&P 500 also recorded a drop of 0.77% and 0.54% respectively. The latest decision on interest rates comes in light of rising inflation in the United States. The country — currently experiencing a 13 year high in consumer prices — is projected to see its inflation rates spike from 2.4% to 3.4%. While Fed chair Jerome Powell has termed the projected rates to be “transitory”, investors are worried about the implications of ongoing inflation for a post-pandemic economy. In the meantime, investors tied to risky assets such as stocks and cryptocurrencies are also anticipating the Fed to roll back its $120 billion monthly bond purchase program, which could be winded down before the planned interest rate hikes. Current Bitcoin Price Activity is Normal Range-Bound Trading BTC prices briefly breached $40,000 but fell short of $45,000, as the currency traded at nearly $41, 350 on 15 June. But the digital asset couldn’t maintain this level longer and plummeted further. Even as BTC fell from $40,000 to $38,300, investors are confident about the primary cryptocurrency’s resilience. Some believe that Bitcoin’s price activity matches its range-bound trading. At this point, investors are hoping for BTC to hold at $37,000, which could represent its support level. Interestingly, major exchanges have recorded a continuous inflow of BTC over the last few days. Miner outflows have also been increasing according to the findings of CryptoQuant, which suggest that BTC inflows produce bearish results for the market.  Additionally, the currency’s 50 and 200-day moving averages are also on their way to convergence, leading to the formation of a bearish death cross. While they are not the strongest indicators of the current spot price action, they help understand the existing resistance for bulls. 

The post Bitcoin Struggles to Breach $40k After Fed Schedules Interest Rate Hike appeared first on Cryptoknowmics-Crypto News and Media Platform.

Republished by Plato

Published

on

Table of Contents

Rate this post

Bitcoin struggled to soar above $40,000 as investors unpacked the latest Fed announcement. On Wednesday, the Federal Reserve announced that it planned to increase interest rates twice in 2023, much sooner than the markets expected. The announcement incited fears that the banking system could also curtail its bond-buying program.

Bitcoin Tumbles Amid Fed Announcement on Interest Rate Hikes in 2023

Bitcoin (BTC) prices are tumbling again after briefly showing signs of recovery. The currency was changing hands at an intraday low of $38,300, following its decline from the $40,000 mark. Meanwhile, in the stock markets, DOW and S&P 500 also recorded a drop of 0.77% and 0.54% respectively.

The latest decision on interest rates comes in light of rising inflation in the United States. The country — currently experiencing a 13 year high in consumer prices — is projected to see its inflation rates spike from 2.4% to 3.4%. While Fed chair Jerome Powell has termed the projected rates to be “transitory”, investors are worried about the implications of ongoing inflation for a post-pandemic economy.

In the meantime, investors tied to risky assets such as stocks and cryptocurrencies are also anticipating the Fed to roll back its $120 billion monthly bond purchase program, which could be winded down before the planned interest rate hikes.

Current Bitcoin Price Activity is Normal Range-Bound Trading

BTC prices briefly breached $40,000 but fell short of $45,000, as the currency traded at nearly $41, 350 on 15 June. But the digital asset couldn’t maintain this level longer and plummeted further.

Even as BTC fell from $40,000 to $38,300, investors are confident about the primary cryptocurrency’s resilience. Some believe that Bitcoin’s price activity matches its range-bound trading. At this point, investors are hoping for BTC to hold at $37,000, which could represent its support level.

Interestingly, major exchanges have recorded a continuous inflow of BTC over the last few days. Miner outflows have also been increasing according to the findings of CryptoQuant, which suggest that BTC inflows produce bearish results for the market. 

Additionally, the currency’s 50 and 200-day moving averages are also on their way to convergence, leading to the formation of a bearish death cross. While they are not the strongest indicators of the current spot price action, they help understand the existing resistance for bulls. 

READ  BCD Technical Analysis: Price Likely to Fall Below the First Support Level of $4.32

#Bitcoin price #Federal Reserve Bank #Federal Reserve Interest Rate

Source: https://www.cryptoknowmics.com/news/bitcoin-struggles-to-breach-40000-after-fed-schedules-early-interest-rate-hike/

Continue Reading

Assets

Shanghai Man: Economist says El Salvador ‘on road to death’, salaries paid in e-CNY …

Republished by Plato

Published

on

Our Man in Shanghai has refused to let recent regulations slow down the news coming from China. Enterprise blockchain, central bank digital currencies and start up projects continue to make a positive impact in a region hoping to grow economic value through technology.

Death march for El Salvador

The debate around El Salvador continued this week as media and officials tried to digest the adoption of Bitcoin as a national currency. JPMorgan stated that there was little economic benefit, and John Hopkins University professor Steve Hanke warned that the move could “completely collapse the economy” of the small nation. The former Bank of China deputy governor Wang Yongli took a very hardline approach, by stating that volatility and a lack of regulation or controls would put the economy on a “road to death.” This quote, appearing in state run media The Paper June 9, was an unusually direct and colorful statement on the issue.

Crypto innovation can be productive

Zhou Xiaoquan, a former governor of the People’s Bank of China, had a few positive things to say about cryptocurrency as a technology on June 11. He spoke at an economic summit in Shanghai and noted the cryptocurrency innovation in China can be productive when it serves the real economy. He also took some shots at other countries, stating that people would be mistaken if they thought other countries were taking the same approach towards building financial services. Zhou, who is one of the most often-quoted economists in the country, felt there was little emphasis on the relationship between financial services and economic value elsewhere in the world. Based on the wild displays at the Miami Bitcoin conference a few weeks ago, his position might be more sound than others would care to admit.

Paid in e-CNY

China’s e-CNY tests continued with the first reported mass payment of salaries in Xiong’an, a district near the capital Beijing. According to Cointelegraph, the pilot received support from a number of national banks and saw subcontractors paying workers their salaries from a digital wallet.

Industrial blockchain worth $22.6B

On June 3, a government organization issued a report entitled the China Industrial Blockchain Development Status and Trend Report. According to the report, in 2020, 222 industrial blockchain policies were issued, 12,059 new blockchain-related patent applications were approved, and 776 new blockchain enterprises were established. The report also claimed that the current market size of the industrial blockchain sector was around $22.6 billion U.S. dollars. Industrial blockchain is an area that China is eager to grab control in, leading to this explosive growth in recent years.

Only 5X the fun

Leading exchange Huobi surprised futures traders by limiting them to only 5x leverage on perpetual swaps and blocking new users from accessing the feature altogether. Futures trading, particularly highly-leveraged futures trading, had always been popular features on exchanges like OKEx and Huobi. It will be interesting to see whether these new decisions to limit risk will be damaging to these large exchanges that still somewhat adhere to regulator rules. It’s also possible that it’s a short-term solution in order to avoid scrutiny during periods of tighter control.

Futures of Singapore

While Huobi was tightening controls on futures traders, Singapore-based platform SynFutures was completing a Series A for $14 million. The round was led by Polychain Capital and included names like Framework Capital, Pantera Capital, Bybit, Kronos Research, WOO Ventures, Wintermute, and IOSG Ventures. SynFutures is creating a trustless derivatives market where users can take positions on assets or anything that has an accurate feed, including Bitcoin, the price of gold, or even the Bitcoin hashrate. What many people don’t know is that the SynFutures team is composed of members from Matrixport, a financial service app that was an offshoot of massive Chinese mining conglomerate Bitmain. Now you know the whole story!

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.

Shanghai Man: Economist says El Salvador ’on road to death’, salaries paid in e-CNY …

Source

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://blockchainconsultants.io/shanghai-man-economist-says-el-salvador-on-road-to-death-salaries-paid-in-e-cny/?utm_source=rss&utm_medium=rss&utm_campaign=shanghai-man-economist-says-el-salvador-on-road-to-death-salaries-paid-in-e-cny

Continue Reading
3 days ago

Valorant Ep. 2 FORMATION Player Card: How to Claim

News3 days ago

The World Economic Forum’s Cryptocurrency Guide Lists Its Choice Of “Winning” Projects

Uncategorized4 days ago

Mark Cuban: DeFi could be the ‘next great growth engine’ for the US

News4 days ago

Shiba Inu Drops Hard Below Critical Support Level

Blockchain3 days ago

Grayscale to Unlock 16,000 Bitcoin Shares on July 19

Uncategorized3 days ago

Banks Should be Scared of DeFi Warns Mark Cuban

Blockchain4 days ago

Mark Cuban Demystifies DeFi and Yield Farming for Beginners

Blockchain4 days ago

Will Ripple’s new ODL corridors impact XRP’s price?

Blockchain4 days ago

Elon Musk: Tesla Will Resume Allowing Bitcoin Transactions With One Condition

Blockchain2 days ago

Coinbase Pro to List Dogecoin Rival Shiba Inu, Token Gains 33% in Price

Blockchain3 days ago

Edgewater Markets Taps Michael Cleary as Its New Director of Sales

Uncategorized4 days ago

PSG.LGD sweep Evil Geniuses, win WePlay Esports AniMajor

Blockchain3 days ago

Deadpool Soundtrack Composer Tom Holkenborg To Auction ‘Soundtrack Of Your Life’ NFT

4 days ago

PSG.LGD triumph at WePlay AniMajor

Blockchain3 days ago

Bitcoin derivatives data shows pro traders ignored today’s $41K pump

Blockchain4 days ago

Wall Street Wonders if Bitcoin Could Replace Fiat Currencies

Uncategorized4 days ago

Why NFL’s Russell Okung Asked Nigeria To Adopt The Bitcoin Standard

Blockchain3 days ago

All About Solana And Why It’s The Game-Changer Crypto Of The Year

Blockchain2 days ago

PARSIQ Raises $3M in Strategic Venture Round Joined by Solana, and Others

Uncategorized19 hours ago

Healthcare: A trillion dollar opportunity for blockchain?

Trending