Connect with us

Uncategorized

Standard Chartered To Launch Crypto Brokerage and Exchange for UK, Europe

Published

on

The British banking giant will partner with Hong Kong-based BC Group for the venture, the target being UK and European institutional investors

Standard Chartered and BC Technology Group are set to launch a digital asset brokerage and exchange platform targeted at institutional investors in the UK and Europe.

The venture will specifically involve SC Ventures, the technology arm of Standard Chartered, and OSL, a Hong Kong-based regulated crypto exchange managed by BC Group. The project aims at giving institutional and corporate clients a “safe and reliable investment infrastructure,” said SC Ventures’ Alex Manson.

 “We have a strong conviction that digital assets are here to stay and will be adopted by the institutional market as a highly relevant asset class,” he added in a press statement.

According to the two firms, the new platform is expected to go live in Q4 2021 if regulators give it the all-clear. Customers will have access to Bitcoin and Ethereum, as well as other major digital assets.

Incidentally, the partnership with BC Group for crypto assets follows last December’s unveiling of Zodia Custody, a product the bank said would provide safe and compliant custody of digital assets for its institutional clients.

The team spearheading the new project will be led by Usman Ahmad, the CIO at BC Group, and Nick Philpott, who is a former executive director at Standard Chartered. Ahmad will take up the position of CEO while Philpott will be the COO of the new UK-based broker and exchange platform.

Standard Chartered’s plans for a brokerage and exchange platform come just days after banking and financial services giant HSBC said it had no such plans. The bank’s CEO Noel Quinn told Reuters last week that HSBC would not be providing access to digital assets for its clients or seek to open a trading desk because of volatility.

Bitcoin, which had been plummeting after rallying to an all-time high of $64,863, is looking to break towards $40,000 again. After touching lows of $30,000, BTC price has rebounded to around $38,000 as of writing (up nearly 6% in the past 24 hours).

Source: https://coinjournal.net/news/standard-chartered-to-launch-crypto-brokerage-and-exchange-for-uk-europe/

Uncategorized

After A Multi-Month Period of Development, SaTT’s Social Network Monetization Platform Is Finally Set to Debut

Published

on

By

Blockchain-based advertising platform SaTT first debuted its MVP far back in 2020, since then the France-based ad firm being pioneered by Atayen Inc. has been doing a lot to stay on the front page of the blockchain-based advertising landscape. Current development shows that a novel blockchain firm is set to unveil its long-awaited Social Network Monetization Platform.

The SaTT’s Social Network Monetization Platform is a brainchild of a multi-month period of development and a product of fine work of innovation by Atayen Inc. The product will feature the notion of Advertising Pools, or Ad Pools, which will debut alongside social network farming, allowing firms and organizations to reward creators more transparently in the future. When asked about the significance of the approaching launch, Atayen said:

“To showcase proof-of-concept for the technology, Atayen is offering the first Ad Pool on YouTube for interested early adopters, entitled Proof Of Concept: YouTube Challenge. Throughout the process, Crypto YouTubers can discover the advantages of SaTT firsthand and earn SaTT cryptocurrency with their youtube channel.”

The Ad Pool will commence with a total of 100 million SaTT tokens, with the goal of reaching a total of 5 million views. In order to attain this milestone, creators will have to meet some preset performance-based objectives provided by the company.

SaTT is calling on all content creators and advertisers to seize this blue-chip opportunity to become the early adopters of the SaTT advertising platform. The Ad Pool, according to Atayen, would allow content providers to earn SaTT automatically through Post Farming, which requires a particular number of views, likes, or retweets. Once the conditions are met, creators will receive the SaTT token, and the balance will be transferred.

This launch will unarguably set the tune for an explosive exposure on all that SaTT has been building in the past years, and will ultimately gear up the path for massive mainstream adoption of the SaTT advertising product.

Discover SaTT and What We Have Been Building.

Conceived out of the need to decentralize the global advertising landscape, SaTT is a blockchain-based advertising project currently running on a dual chain: the Ethereum blockchain and the Binance Smart Chain (BSC). SATT token is the native cryptocurrency token that powers the SaTT ecosystem DApp and a medium through which all transactions are completed within the platform.

Last year, SaTT integrated its decentralized advertising solution with the top social media platforms including Facebook, Instagram, Youtube, and Twitter. Allowing advertisers to promote their products and services through influential marketing strategies.

With the help of decentralized smart contract oracle, SaTT connects advertisers to publishers (social media influencers) together, allowing publishers to create content via these social media channels and in turn get paid for their effort based on the level of engagement derived (number of views, shares, likes, comments of the publication).

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.

Click here to access.

Source: https://bitcoinist.com/after-a-multi-month-period-of-development-satts-social-network-monetization-platform-is-finally-set-to-debut/?utm_source=rss&utm_medium=rss&utm_campaign=after-a-multi-month-period-of-development-satts-social-network-monetization-platform-is-finally-set-to-debut

Continue Reading

Uncategorized

A New Metaverse Project That Has Started to Spread Around the Globe

Published

on

By

The Next Earth project is a big deal. It’s not just another blockchain startup. It’s a new NFT-based replica of Earth that aims to disrupt the centralized status quo. Currently, over 25 million “tiles” on this virtual Earth have been sold (the digital planet has only been live for about one and a half months).

This metaverse project is gaining interest around the world, with videos and articles in Arabic, Korean, Russian, Indian, Polish, Serbian, and more. This is because the project is focused on providing something that hasn’t been done before: a metaverse where anyone can buy virtual properties of anything they want without relying on centralized servers.

The idea behind this is simple: if you can’t truly trust anyone with your data when you’re online today, then how do you expect to be able to trust them with your identity or assets when you’re interacting with an entire planet?

The Power of an International Community

One of the most interesting aspects of this project is that it’s a global community. The Next Earth team has been very active in creating an international community, with thousands of members in its Discord, featuring international lobbies in German, Hungarian, French, Korean, Serbian and far more. They have created a community where people can come together and discuss ideas and strategies for building the metaverse.

This is important because it shows that there is a real desire for something new in the metaverse space. People want to be able to interact with each other on their own terms, not just through centralized services like Facebook or Twitter.

What’s Next?

This brings us to what’s next for this project. In order to succeed, this new virtual world needs to provide something that hasn’t been done before: truly decentralized ownership of virtual land and assets without relying on centralized platforms controlled by someone else (like Amazon Web Services).

To do this they will build out more features than just owning land: Users will be able to buy virtual property from other users, all while being able to trust that no one will ever be able to take those items away from them again without permission. This is where things get really interesting!

The Next Earth project is launching a marketplace where users can buy and sell their virtual property NFTs, which is planned to release on September 27th. This will help fuel the long-term vision of creating a “metaverse nation” where people will be able to create their own virtual cities and towns.

This is an exciting time for the metaverse space because we are finally starting to see some real innovation in this area. It’s important to remember that the metaverse isn’t just about owning land or assets; it’s about building communities.

Spreading Creativity Globally

Next Earth has a number of other exciting innovations in the pipeline, including tile-based pixel art.

Tile-based pixel art will be a new way of creating virtual art that is also non-fungible (meaning that each one can be identified as unique). This means that when you buy virtual land on Next Earth, you can create unique pixel artwork on top of it.

Ultimately, it makes sense that an Earth-based metaverse is catching the attention of people around the world. Everyone even dreams of owning a piece of Disney World or sunny beaches, and now it can be yours in the virtual metaverse.

Photo by Sebastian Svenson on Unsplash

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.

Click here to access.

Source: https://bitcoinist.com/a-new-metaverse-project-that-has-started-to-spread-around-the-globe/?utm_source=rss&utm_medium=rss&utm_campaign=a-new-metaverse-project-that-has-started-to-spread-around-the-globe

Continue Reading

Uncategorized

The Most Worthwhile Digital Currency to Invest in the Next Three Years-RLI

Published

on

By

IXecx is an umbrella project of the The Confidential Computing Consortium Foundation.IXec builds open-source software aiming to “decentralize the cloud”. Blockchain technology is used to organize this marketplace where users can rent their computing power, data, or applications.

IXec also offers consulting and support to companies in the development of blockchain projects, from ideation to implementation. By providing on-demand access to cloud computing resources, IXecx supports compute-intensive applications in fields such as AI, big data, healthcare, rendering, or FinTech.The company works with renowned partners such as Intel, Google, and IBM Cloud.

One of the main strengths of IXecx lies in trusted off-chain computing. In collaboration with Intel, IXecx has released the first-ever ‘trusted compute’ solution for blockchain (TEE using Intel SGX). IXecx offers a Blockchain based AI model marketplace which allows to trade (i.e. rent out) AI models in a secure way, the framework leverages Intel SGX to protect the privacy of the models during the rental procedure.

IXecx issued its own digital currency-RLI on September 1, 2021. According to Stephen Walli, President of Group Operations, the Group plans to realize that RLI can be freely traded on major global exchanges on January 1, 2022. In view of the current small number of users holding RLI coins, in order to ensure that RLI has a certain degree of liquidity, users can earn RLI coins through mining from September 1, 2021. In addition, the group also prepared a marketing promotion incentive of 50 million US dollars. Individuals or teams can get up to 5 million U.S. dollars rewards for participating in marketing.

Regarding the future value of RLI, Stephen Walli said that RLI is a decentralized computing resource market. combines blockchain technology with 5G technology to improve the quality of modern urban services. In addition, transactions conducted through the blockchain network are instant and immutable, which further improves the security of payment. It will provide solutions for more start-up companies, solve problems related to multi-enterprise interaction, and promote the creation of new business models based on 5G.Provide blockchain technology for infrastructure supporting 5G, machine-to-machine (M2M) transactions, and autonomous services. IXecx is working with Intel to apply 5G and blockchain in cities. Currently in this demo, IXecx provides a blockchain-based market for connecting services between devices and decentralized identity verification. By combining 5G and blockchain in rescue services, the demonstration provides a high-performance and secure concept for urban 5G infrastructure.

“In a wider perspective, the development of distributed computing is a credible scenario for the future, and blockchain may be a nice lever in this scenario. The plan is to continue with other open scientific codes requiring possibly other types of worker pools.”

Gilles Deleuze, EDF Blockchain Co-ordinator.

For more information, please visit the group website: https://www.ixecx.com 

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.

Click here to access.

Source: https://themerkle.com/the-most-worthwhile-digital-currency-to-invest-in-the-next-three-years-rli/

Continue Reading
Blockchain5 days ago

Over 40 days after Ethereum’s EIP-1559, here’s where it stands

Blockchain4 days ago

Matic Price to hit $1.75 in the next leg up! Launch on Bitfinex to be the Catalyst?

Blockchain4 days ago

After Targeting BlockFi, State Regulators Now Set Their Eyes On Celsius

Uncategorized4 days ago

What is The Old Gym in NBA 2K22 Next Gen?

Uncategorized4 days ago

NBA 2K22 Limitless Spot-Up and Chef Badges Explained

Uncategorized5 days ago

NFTs Are the Building Blocks of the Metaverse — Here’s How It’s Being Built

Blockchain5 days ago

Ripple’s Legal Team Says They Have No Plans To Settle With SEC Over Lawsuit On XRP Sales

Uncategorized5 days ago

Shiba Inu (SHIB) Rises to Range High

Uncategorized4 days ago

Best Dribble Pull-Up in NBA 2K22: Which to Use

Blockchain4 days ago

Flux Pools autoriza o pagamento de ativos paralelos em mais de 300K Flux!

Blockchain5 days ago

EY Taps Polygon Network to Improve Enterprise Clients’ Experience 

News5 days ago

XRP Lawsuit: Here’s Why Experts Think Ripple Could Win the Case Against SEC

Blockchain4 days ago

All you need to know about MATIC before investing

Blockchain5 days ago

Shiba Inu’s days in the sun may be over; here’s why

Blockchain5 days ago

EOS: Why there’s a question mark attached to its long-term trajectory

Blockchain4 days ago

Smart Contracts Running on Bitcoin? Internet Computer Founder Explains How It’s Possible

Uncategorized2 days ago

PetPals, One Of The First Play-To-Earn NFT Web-Based Games Is Out Now

Uncategorized4 days ago

What is Phuture?

Uncategorized5 days ago

U.S. Homeland Security Signs $1.36M Contract with Coinbase

Blockchain5 days ago

TVL up by >990% in a year, but SushiSwap might be its worst enemy

Trending