Connect with us

Blockchain

Upheaval and RebelDot announce strategic partnership for Weave enterprise blockchain technology

SEATTLE, WA: Upheaval LLC, innovators of patent-pending blockchain technology the Weave, today announced a strategic partnership with well-established and ISO certified software development company RebelDot, to develop, integrate, and bring to market the Weave blockchain, with global reach and scale. As a result of this strategic partnership, healthcare and other organizations across the world can…

The post Upheaval and RebelDot announce strategic partnership for Weave enterprise blockchain technology appeared first on .

Published

on

SEATTLE, WA: Upheaval LLC, innovators of patent-pending blockchain technology the Weave, today announced a strategic partnership with well-established and ISO certified software development company RebelDot, to develop, integrate, and bring to market the Weave blockchain, with global reach and scale.

As a result of this strategic partnership, healthcare and other organizations across the world can soon get subscriptions to the Weave, and in doing, integrate their existing digital systems with a robust blockchain technology that scales, protects, cures over time, and regenerates. The Weave’s unique shared-block, multiple-blockchain technology creates a holistic online environment that allows any organization with an Internet connection get a subscription. Access for individuals, including a secure mobile app to track personal health records, is free. The Weave brings the power of network effects, and in-place blockchain integrations to healthcare participants such as insurers, providers, pharmacies, drug makers, and devices.

“We believe the Weave can deliver on the promise of blockchain for healthcare, with a solution that’s secure yet accessible, immensely scalable, and high performing,” said David Iseminger, Upheaval’s CEO.

“With RebelDot’s development experience, blockchain expertise and systems integration knowledge, this partnership amplifies the offerings of each of our companies. It’s a win for our future customers.”

“The Weave has unique technical structure, especially as an enterprise blockchain,” said Tudor Ciuleanu, CEO of RebelDot. “In healthcare, the Weave will bring new life and advanced capabilities to dated systems.” About growth potential, Tudor added, “Our customers are from many industries. The Weave can create significant value beyond healthcare – real estate, manufacturing, IoT, finance, government, and others. We see the Weave quickly gaining market traction upon release, and we see RebelDot growing at scale alongside it.”

With the partnership, healthcare and other industries will finally have a blockchain solution that integrates with their existing systems, streamlines their processes, and delivers big data analytics. Subscribers will realize a better healthcare experience, for their organization and for their patients. 

About RebelDot

RebelDot is an end-to-end software development company covering all phases in the software product development lifecycle, from product strategy and tech advisory to design and development.
With over a decade of experience in building software, RebelDot helps companies and organizations in multiple industries bring innovation through technology, by adapting to the new, emerging technologies like blockchain, machine learning and AI. 

RebelDot is an Accredited Training Center with the Blockchain Training Alliance, a Microsoft Partner, and is ISO 9001:2015 Certified and ISO 27001:2018 Certified. 

Learn more about RebelDot, the European-based software development company. – www.rebeldot.com 

About Upheaval

Upheaval creates innovative software solutions, including the patent-pending Weave blockchain environment, that elevate and transform industries. With the Weave, organizations connect real-time, real-world interactions and create network effects that empower every participant. 

To learn more about Upheaval and the Weave, visit: http://theweave.io 

Innovator Profile
See the Upheaval Innovator Profile for use case content!

Source: https://blockchainhealthcarereview.com/upheaval-and-rebeldot-announce-strategic-partnership-for-patent-pending-weave-blockchain-technology/

Blockchain

Investors must brace themselves as Bitcoin Cash goes downhill in the coming weeks

Published

on

Though off to a strong start in September, Bitcoin Cash seemed to have taken its foot off the pedal. Caught between two corrective phases on 7 and 20 September, the price steadily declined after forming a local peak above $800.

Moreover, BCH’s latest drawdown towards 38.2% Fibonacci level identified vulnerabilities in the market which could extend all the way back to July lows. With sentiment also expected to be sour due to a recent death cross, BCH bulls certainly faced a tall mountain to climb. At the time of writing, BCH traded at $549.2, down by 4.8% over the last 24 hours.

BCH Daily Chart

Source: BCH/USD, TradingView

A near 16% decline from the 50% Fibonacci level pushed BCH to the all important 38.2% Fibonacci level. Back in late-June, BCH suffered a 31% sell-off after it pierced below the aforementioned level on the back of a descending triangle. Hence, to dissuade short-sellers from the market, BCH would need to keep its neck above the $540-mark.

However, certain factors in the market could not be overlooked. For instance, each of BCH’s indicators slipped below their equilibrium points for the first time in nearly 2-months, while a negative crossover between the 20-SMA (red) and 200-SMA (green) created some more uncertainties.

Reasoning 

Even though corrective phases have been overserved previously in the market, BCH’s RSI held above it mid-line. This was not the case anymore after the RSI shifted below 45 and into bearish territory. In fact, the RSI was yet to touch the oversold territory, which meant that BCH could see some more losses rather than an immediate reversal. Such was the case with the MACD and Awesome Oscillator as well, which slipped below their equilibrium levels. If sentiment continues to be weak, the 23.6% Fibonacci level and $400 would come back into play.

Conclusion 

Bitcoin Cash’s long term narrative took quite a hit after prices declined below the 50% Fibonacci mark. In fact, this also negated a bullish setup which was highlighted in an earlier article. BCH’s indicators also fell into bearish zones  after this retracement. Considering these factors, BCH was open to a further sell-off towards the $400-mark in the coming weeks.

Where to Invest?

Subscribe to our newsletter

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.

Click here to access.

Source: https://ambcrypto.com/investors-must-brace-themselves-as-bitcoin-cash-goes-downhill-in-the-coming-weeks

Continue Reading

Blockchain

Indian government cautious about crypto-adoption, CBDC is a possibility

Published

on

Indian traders and exchanges might be bullish about the crypto market, but the Indian  government doesn’t seem keen on rushing into the scene. At least, not until studying its homegrown fintech industry and the anti-Bitcoin protests in El Salvador.

Tracking global news

Indian finance minister Nirmala Sitharaman in a recent interview with Hindustan Times explained why the country seemed to be falling behind when it came to crypto adoption.

Though she admitted, El Salvador wasn’t “the best example,” Sitharaman said,

“You’d think common people don’t care about digital currency; but the public took to the streets against the move. It’s not a question of literacy or understanding – it’s also a question of to what extent this is a transparent currency; is it going to be a currency available for everyone?”

Sitharaman referred to CBDCs as a “legitimate” cryptocurrency and admitted there could be a “possibility,” in hat regard. She noted that India held the “strength of the technology” and acknowledged the need to formulate a Cabinet note. However, Sitharaman wondered if India was ready to follow El Salvador’s way.

Facts on the ground

Though accessibility is a pressing concern, more Indians have discovered crypto than perhaps expected.

Nischal Shetty, CEO of the Indian crypto exchange WazirX – a subsidiary of Binance Holdings – has stated that WazirX sign-ups from India’s tier-two and tier-three cities overtook those from tier-one cities this year. Even so, sign-ups from tier-one cities themselves saw a 2,375% rise. Furthermore, WazirX added one million users in April 2021 alone.

Adding to this, the cost of electricity and Internet data in India are relatively cheaper, which could boost both crypto trading and mining in the future. However, at the last count, there was only one Bitcoin ATM in the whole country.

As per data by Useful Tulips, which combined data from Paxful and LocalBitcoins, India saw transfers worth around $4,502,369 in the last two weeks.

Could anti-Bitcoin protests happen in India?

There is evidence to support both sides. India has a strong history of mass protests, with the farmers’ protests against the government’s agricultural laws being one such example. The 2016 demonetization of part of the country’s paper currency still haunts many, and Internet penetration is yet to cross 50%.

However, India also has the largest diaspora in the world, with approximately 18 million people living outside the country. Crypto innovation could lead to hundreds of millions of dollars being saved on remittance charges as money is sent across borders.

But for the time being, it seems India’s urban residents are more bullish about crypto than its government.

Where to Invest?

Subscribe to our newsletter

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.

Click here to access.

Source: https://ambcrypto.com/indian-government-cautious-about-crypto-adoption-cbdc-is-a-possibility

Continue Reading

Blockchain

A Deep Dive Into The Bitcoin Wallets Of U.S Congress Members, And Why Bitcoiners Are Strongly Against Them

Published

on

A Deep Dive Into The Bitcoin Wallets Of U.S Congress Members, And Why Bitcoiners Are Strongly Against Them

Advertisement &  & 

Key takeaways

  • U.S. Congress’ split disposition towards cryptocurrencies raises concerns among market participants.
  • Bitcoin proponent, James Loop goes digging into the financial disclosures of Congress members.
  • His findings revealed only three Congress members have ever disclosed that they hold Bitcoin.

The United States is a key base for innovation and adoption in the cryptocurrency industry. According to data from Crunchbase, there are at least 1,135 organizations founded in the U.S. that provide various cryptocurrency-related services.

Despite the broad adoption of the asset class by the country’s citizens, the government is still divided on opinions about the growing cryptocurrency industry. This can be seen in the U.S. Congress where members of Congress are split between those who support and those who do not support Bitcoin, the most prominent cryptocurrency.

This polarised disposition of Congress has been a pain point for Bitcoiners. Bitcoin market participants have pointed out several issues that emanate from the fact that there are still members of Congress who have not shown themselves to fully understand Bitcoin.

The sentiment is that Congress members who do not fully understand the asset, having not used it, should not be responsible for making laws about it. Additionally, market participants also think it will be a conflict of interest if members of Congress who oppose Bitcoin are found to be holding Bitcoin or if those who support it do not own any. 

Advertisement &  & 

Jameson Lopp, the co-founder, and chief technology officer of Casa – a leading provider of Bitcoin self custody solutions, has gone digging into the United States Senate Financial Disclosures portal. The investigation was carried out to identify Congress members who have declared holdings of cryptocurrencies, and Bitcoin in particular, in their portfolios. 

His findings paint a dismal picture as the majority of the members of Congress who have been vocal in supporting Bitcoin have not held the asset at all according to their financial disclosures for the year ending 2020.

According to his findings, only 3 Congress members have disclosed that they own Bitcoin. The now-retired Representative Bob Goodlatte of Virginia was the first Congressman to disclose the ownership of Bitcoin, doing so in 2017 even before laws were passed to make disclosure mandatory. According to his disclosure, he owned between $1,000 and $15,000 of Bitcoin at the time.

Among currently seated Congress members, only Senators Cynthia Lummis and Pat Toomey have reported Bitcoin holdings in their portfolios in 2020. Senator  Lummis reported owning $100,000 – $250,000 of bitcoin in 2020 making up between 0.6% and 2.75% of her net worth. Similarly, Senator Pat Toomey reported purchasing $1,001 – $15,000 of GBTC in June 2021. The GBTC investment is between 0.01% and 0.7% of his net worth.

The sleuth however concedes that he did not have the time and resources to go through the financial disclosures of all 535 congressional members. Nonetheless, it is telling that of the ones he checked, even members of caucuses in Congress that are affiliated to cryptocurrency and members that have drafted bills that will provide clarity for the industry do not hold Bitcoin or other cryptocurrencies as their financial disclosures show.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.

Click here to access.

Source: https://zycrypto.com/a-deep-dive-into-the-bitcoin-wallets-of-u-s-congress-members-and-why-bitcoiners-are-strongly-against-them/

Continue Reading
Blockchain3 days ago

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

News5 days ago

Gods Unchained and Guild of Guardians Layer 2 Solution Immutable Raises $60 Million

Blockchain4 days ago

Cardano Sees an Influx in Smart Contracts ! But There’s a Twist

Blockchain5 days ago

If Shiba Inu is a ‘shitcoin,’ why are exchanges still listing it

Uncategorized3 days ago

NBA 2K22 Limitless Spot-Up and Chef Badges Explained

Blockchain3 days ago

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

Uncategorized5 days ago

Laos Green-Lights Cryptocurrency Trials

Uncategorized5 days ago

DeFi comes to Cardano (ADA) as EMURGO announces ‘Astarter’

Uncategorized3 days ago

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

Blockchain5 days ago

Bitdefender Releases Tool To Decrypt Files Affected by REvil/Sodinokibi Ransomware

Uncategorized3 days ago

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

Uncategorized3 days ago

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

Uncategorized3 days ago

Shiba Inu (SHIB) Rises to Range High

Blockchain3 days ago

EY Taps Polygon Network to Improve Enterprise Clients’ Experience 

Blockchain2 days ago

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

Blockchain3 days ago

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

Uncategorized4 days ago

The Head of Diem wants you to trust Facebook, but is he fighting a losing battle?

News3 days ago

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

Blockchain2 days ago

All you need to know about MATIC before investing

Uncategorized20 hours ago

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

Trending