Your daily Crypto News on Steemit for August 02, 2017

in #news7 years ago

Hello Steemians

Your daily Crypto News on Steemit for August 02, 2017
Here you can read every day what is new and happening in the crypto world.

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The British Innovation Agency, Innovate UK, is increasingly receiving more funding requests for various blockchain projects. According to the government, start-ups from the health sector in particular are in high demand. In an opinion, the Innovative UK now announced to provide 8 million British pounds for blockchain startups from the health sector.

The announcement states:
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Mike Sullivan, the Head of Advanced Therapies of Innovate UK, tweeted on July 31 that the contest for funding applications had been opened.

Applications for projects with a budget of £ 50,000 - £ 75,000 can be submitted on the link below.
https://apply-for-innovation-funding.service.gov.uk/competition/50/overview

Innovate UK has already promoted various blockchain projects in the past. In April last year, the Startup Tramonex received a lush funding of 248,000 British pounds. The company has specialized in cross-border payments through the Ethereum Blockchain.

Subsequently, in September 2016, the Innovative UK hosted a R & D contest, endowed with 15 million British pounds, for research on Distributed Ledger projects.

The agency reiterated its desire to "promote the new products, processes and services of tomorrow" and strengthened its position as one of the leading countries in terms of blockchain development.


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With the Bitcoin Two-Way ATM, the Hotel Schani Vienna is the first hotel in Austria to buy and sell cryptic ferments 24/7. With the possibility of bit credit, the Hotel Schani Vienna anticipates the trend for digital forms of payment. Interest is also evident in the population and more and more are choosing to pay with Bitcoin.

After the Hotel Schani Vienna has accepted Bitcoin since April 2016 at the bar and in the Greissler Hotelshop Bitcoin, Bitcoins can now be purchased and sold directly at the hotel on a machine from the company Cointed. This makes the Hotel Schani Vienna the first hotel where the sale and purchase of the crypt diet are possible. The automat at the Hotel Schani Vienna is also the first two-way ATM in Europe, which is accessible 24 hours a day. A further special feature is the possibility to choose from different cryptic methods. In addition to Bitcoin, Dash and Litecoin can be purchased and sold, and in the future two to five additional digital currencies will be available.
The hotel places great value on progress, trends and the simplification of processes. Accordingly, it is obvious to accept a digital currency as a means of payment that simplifies the transaction and makes it possible directly from the sender to the recipient. The transfer of a bank is omitted and transfers are possible across countries without fees and without a long waiting period. In addition, the Hotel Schani Vienna is working hard to provide a solution for the bit-rate payment of the hotel rooms.

The award for Bitcoin was already apparent at the information event in February 2016. While bitcoin was worth around € 400 at this time, the bitcoin value at the beginning of August 2017 is around € 2,300. The increase of 475 percent shows the steady growth recorded since Bitcoin began in 2010. Benedikt Komarek, managing director and owner of Hotel Schani Vienna, is delighted by the digital payment method and is sure that "digital money, such as Bitcoin, is gaining in importance and will soon become a means of payment for the future." Wolfgang Thaler, the managing director of Cointed, crypto payments such as Bitcoin are the next logical step in the evolution of cash and the answer to a question that had already been asked in the 1990s: How to make global, same day transfers faster, more efficient, safer and more secure "The payment with Bitcoin is, in addition to the individual room selection, the mobile check-in and the mobile key, another technology that simplifies the processes at the Hotel Schani Vienna and ensures a quick, uncomplicated implementation.


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An employee of the New York City Department of Education was caught at the workplace during mining and then sanctioned.

According to a recently released disposition of the Conflicts of Interest Board, the department's staff member Vladimir Ilyayev has admitted to have operated bitcoin mining in the period of several weeks (March and April 2014). Bitcoin mining is an energy-intensive process that adds new transactions to blockchain. Ilyayev is said to have installed a mining software that ran at night while at the same time monitoring the progress from home.

Find the link for the released disposition of the Conflicts of Interest Board below.
http://www1.nyc.gov/assets/coib/downloads/pdf5/eds/2014/2014-440-ilyayev.pdf

Ilyayev admits:
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The board sanctions Ilyayev for violating the rules of the city, which prohibit the use of time and resources of the city for financial gain. As a result, four days of paid annual holidays, totaling $ 611, have decayed.

"In addition, the Board has decided to impose an additional penalty after reviewing previous cases of misuse of time and resources for profit-oriented activities," the statement states.

Public records show that Ilyayev's case is not the only one, other staff from the New York Department of Education have taken advantage of their resources for bitcoin mining. According to a letter from April 2015, a network engineer also tried to use a mining software on his computer. However, there is no evidence that the engineer has successfully received Bitcoin.
In January, a $ 5,000 fine was imposed on a Federal Reserve Board of Directors and a probation after being caught on the US Central Bank's ministry.


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I hope that all the information above will be useful for you.
If you have more information please leave it in the comments.

Lovely regards
@danyelk
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Thanks @danyelk Getting valuable information.

You are welcome I am doing this Crypto News every day now. Stay tuned and have a great day :)

Hey there, I'm working with a group to launch a website at the end of the month featuring community-based ICO and cryptocurrency analysis. If you're interested in more exposure for your work please feel free to reach out to me on steemit.chat. Thanks!

Thank you! Yes very cool I will for sure reach out to you. Have a nice day and c ya soon :)

great info...thanks for sharing..up & rs and followed

You are welcome and thank you! I will do this news every day do keep you guys all informed about what is going on daily in the crypto world. Okay stay tuned steem on and have a nice day :)

sure..you welcome & thank you:)

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