Category Archives: Blockchain

Taipei Partners With IOTA

Taipei, Taiwan is seeking to become a smart city by utilizing the power of Distributed Ledger Technology (DLT), or Blockchain. The city has chosen to partner with IOTA, the inventors of the so-called Tangle technology for the Internet of Things (IoT), to provide a number of new technology features for residents.

Wei-bin Lee, Commissioner of the Department of Information Technology in Taipei City Government, suggested in an official press release that the ‘unique technology’ offered by IOTA will usher in a ‘new era of smart cities for the citizens of Taipei’.

Reference: https://cointelegraph.com/news/taipei-partners-with-iota-to-become-a-blockchain-powered-smart-city

WWF Uses a Blockchain to Eradicate Illegal Fishing and Slavery

According to an announcement from the organisation the transparency of the distributed ledger will prevent consumers from purchasing tuna from illegal, unreported, and unregulated fishing in the Pacific Islands. Additionally, it will help to eradicate human rights abuses. This is just another example of how the blockchain is being widely applied to different industries and not just the financial sector.

As part of the innovative initiative, WWF-Australia, WWF-Fiji, and WWF-New Zealand have teamed up with global tech innovator ConsenSys, information and communications technology implementer TraSeable, and tuna fishing and processing company Sea Quest Fiji Ltd. to deliver the project.

Reference: https://www.ccn.com/wwf-uses-the-blockchain-to-eradicate-illegal-fishing-and-slavery-in-the-tuna-industry/

Cryptocurrency Watch : Bytecoin

Bytecoin (BCN)

Bytecoin is a private, decentralized cryptocurrency with open source code that allows everyone to take part in the Bytecoin network development. Privacy and security come naturally from using Bytecoin. The best solution for those who want to keep their financial privacy.

Instant private transactions are provided all around the world by the Bytecoin Network, they are totally untraceable, and they don’t require any additional fees.

Fiat currencies are assigned to specific territories while Bytecoin is bound to the Internet and therefore is international by default.

Current Price: $0.002626 USD
Website: https://bytecoin.org/
Type: Coin
Market Cap: $482,724,246 USD
Circulating Supply: 183,807,423,448 BCN
Total Supply: 184,470,000,000 BCN

Cryptocurrency Watch : Ethereum

Ethereum (ETH)

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.

These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property.

This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk.

Current Price: $447.47 USD
Website: https://www.ethereum.org/
Type: Coin
Market Cap: $44,061,897,510 USD
Circulating Supply: 98,469,822 ETH
Total Supply: N/A

Crypto Ranking Platform: CryptoSlate

CryptoSlate is a cryptocurrency news site with a section which lists all cryptocurrencies. Also, like the coin market cap, the platform also gives a clear understanding of what purpose every cryptocurrency is meant. This can be insightful when you consider investing on cryptocurrencies which are for day-to-day transactions alone.

Market coin and token analysis at the top differentiate the difference between cryptocurrencies. It further breaks them down to show how many proof-of-stake and proof-of-work coins that’s available in the market.

This seemingly small details can go a long way in assisting users in making decisions.

Website: https://cryptoslate.com/