A member of China’s top political advisory board has proposed the creation of a national cryptocurrency exchange and other regulatory systems at one of the two annual sessions of China’s top legislative and advisory bodies, local news outlet Lie Yun Wang reported on March 3. Wang Pengjie, а member of the Chinese People’s Political Consultative Conference (CPPCC), suggested that the People’s Bank of China (PBOC) and the China Securities Regulatory Commission (CSRC) should create a Blockchain and digital asset management “approval system,” as well as raised the possibility of establishing a digital asset trading platform at a national level. Pengjie’s remarks come after a recent string of crypto bans from China, from blocking foreign exchanges to the September 2017 ban of Initial Coin Offerings (ICO). Pengjie brought up the rising total market capitalization of digital assets like Ethereum (ETH), Bitcoin (BTC), and Litecoin (LTC), noting the fact that their market caps exceeded that of China’s biggest Internet provider Tencent in January 2018 as a reason for China to pay attention to Blockchain-based technologies. He also mentioned South Korea’s crypto regulations, and the fact that the US Nasdaq is considering trading in Bitcoin futures as other impetuses.
An established technology company is using Blockchain to dismantle barriers to entry for manufacturing firms and their buyers, with a new platform billed as “the way forward into the Industrial Revolution 4.0.” SyncFab, which launched in Silicon Valley five years ago, is working with the US Department of Energy’s Clean Energy Smart Manufacturing Innovation Initiative and the cities of San Leandro, San Francisco and Oakland. The team believes smart technology will help smaller manufacturers with minimal marketing budgets who struggle to gain free exposure on search engines- allowing them to bid for more contracts and showcase their capabilities with ease. Meanwhile, purchasers looking for precision parts have a greater chance of finding a provider who is local to them. Expenses also tumble because the procurement process, where brokers, agents and inefficient software cost time and money, is streamlined dramatically. SyncFab argues that local sourcing lowers the minimum number of parts that a buyer needs to commit to while creating a more responsible and eco-conscious supply chain at the same time. At the heart of this Smart Manufacturing Blockchain is the MFG Token, a utility token which doubles up as a payment method and a reward mechanism for manufacturers who participate in auctions quickly, offer competitive rates and maintain production records on the Blockchain.
DISCIPLINA is a multifunctional blockchain for projects in the fields of education and recruitment. It ensures the transparency of the platform’s activity and creates the conditions for maintaining the confidentiality and reliability of information entered by the ecosystem participants. The system will allow to keep a unified register of academic achievement and qualifications, and generate a personal score for every user of the platform. DISCIPLINA is a private-public blockchain. The private element has been introduced in order to store private and personal user data, as well as those materials that are protected by copyright or commercial confidentiality. The private segment does not allow any data except hashes into open access. The public segment provides access to the data that verifies the integrity of the private chains and the reliability of the data stored by the network. Since the blockchain will store confidential information (such as students’ personal data, grades, and test results), public blockchain solutions that store all of their transactions in open access — Ethereum or EOS, for example — are unacceptable. At the same time, private blockchain solutions, such as Hyperledger, do not provide enough verifiability of the data stored on them. That is why DISCIPLINA is being developed as a specific blockchain to ensure the full support for the needs of the educational and recruiting spheres.
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With new exchanges popping up left and right, do we honestly need another cryptocurrency exchange? The team at Bitmora says yes. Bitmora is a digital asset trading platform launching on May 12th. But this is no ordinary exchange platform. The heart of Bitmora lies in its community. Since day one, Bitmora has been building a bond with the public keeping one goal in mind, creating a safe, fair, and reliable exchange. Foregoing immediate release, Bitmora has spent the past four months running polls off their site so that the public can be heard, allowing the people to decide which features and coins will be part of their exchange. This is an exchange that cares about the voice of its members. Many suggestions have already been accepted for implementation, and Bitmora plans to keep their voting system live indefinitely after launch, hoping to build upon the unique Democratic System it has brought to this sector. Thanks to their partnership with AlphaPoint, a company specializing in Blockchain and Asset Digitization, Bitmora users will experience trading speeds of over 1 million transactions per second across thirty digital asset pairs. With the backing of AlphaPoint, Bitmora is working with other top exchanges to bring the liquidity necessary for a platform of this size.