Cryptocurrency news - March 5, 2018

in #cryptocurrency โ€ข 7 years ago

cryptocurrency market

๐Ÿ“ฑ Korean media giant Kakao is about to enter the ICO. The Durov's cryptocurrency project, TON, may have a worthy competitor. The owner of the largest mobile messenger of South Korea KakaoTalk creates a subsidiary structure, whose goal is to develop a block-platform for payments and the exchange of virtual money on the basis of the company's existing services. For reference: in Korea, KakaoTalk is used by 93% of smartphone owners.

๐Ÿ’ฐ The experience of Venezuela inspired Cambodia to issue its own crypto currency. Crypto-currency Entapay will become part of the same-name payment system on the basis of the blockbuster and is positioned by developers as a competitor to VISA. A press release of the novelty will be held at the ASEAN 2018 BlockChain summit on March 7 in Phnom Penh, Cambodia.

๐Ÿ™‹โ™‚๏ธ China's politicians suggest that the government reconsider the view of the ban on crypto currency and ICO. The representative of the People's Political Consultative Council of China, Wang Pengjie, calls on the Central Bank and the Securities Regulatory Commission to create a national platform for trading crypto-currencies. In his opinion, the wrong approach to regulating this industry can negatively affect China's financial security.

๐Ÿš› Subsidiary Alibaba reported on the successful implementation of blocking in the international logistics system. Lynx International will collect all information on foreign shipments in the block registry, including data on the manufacturer, the method of transportation, customs and other inspections. The new system has already processed data of 30,000 imported goods.

๐Ÿ›’ Amazon plans to launch its crypto currency. The world's largest online store conducted a survey, which found that the hypothetical creation of AmazonCoin will be received positively. Of the 1000 respondents, more than half would like to use a token for purchases. ๐Ÿš€ PayPal is looking for a way to increase the speed of crypto-currency payments. The largest electronic payment system has applied for a patent method for accelerating transactions of virtual currencies. Instead of waiting for the transaction to be included in the new network block, two purses will be created that exactly correspond to the amount, and personal keys will be exchanged between the buyer and the seller.

๐Ÿ’Ž Now you can deposit the crypto currency into the pawnshop. The largest network of pawnshops in Ukraine Skarbnytsya, which has more than 300 branches, plans to launch a loan granting service secured by crypto currency. The term and amount of the loan will depend on the type and rate of the crypto currency.

โœ… Blockade in the election of 2018. The All-Russian Center for the Study of Public Opinion plans to use blocking technology when conducting polls at the exit from polling stations. This will not allow any external changes to the data and ensure their security.

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