Inshorts

“Among the HostCoin team are, as team leaders John Furrh and Daniel Sanghi; webmaster, Maxim Martynenko; lead developer, Taha Dhailey; CFO, Ram Sanhi; marketing, Rajesh Signh; full stack developer and hosting expert Tahnu Pillar.”

“We have created a complex module, which allows the moderators to edit and check for plagiarism the articles that have been posted on the News portal.”

“The social and advertising platform CannaSOS is a fully working project that meets the needs of cannabis users since 2014.”

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The association, which will lobby the interests of the blockchain, was established in Wyoming, USA. Wyoming Blockchain Coalition has been established in November 14. This organization is designed to provide legal support to small companies and development teams, as well as to promote changes in legal norms to create more favorable conditions for work in the innovation industry. David Pope, the group’s executive director said; ‘’The mission of the Wyoming Blockchain Coalition is to educate Wyoming citizens about the power of blockchain technology to cut costs, streamline administrative processes and spur entirely new businesses in Wyoming’’. Among the core group, former Wyoming governor Jim Geringer, current Mayor of Cheyenne Marian Orr, CEO of Overstock.com Patrick Byrne, Symbiont chairman and president Caitlin Long, and two deans from the University of Wyoming.

You can cash out the cryptocurrency by using a bank card. British company London Block Exchange (LBX) has presented a debit "Dragoncard". It allows users to pay for the purchase of goods in stores throughout the country, withdraw cash from the ATM, and it is planned that in the future the card will be possible to exchange cryptocurrencies in British pound. The card will support the use of bitcoin, ethereum, ripple, litecoin and monero. CEO of the LBX, Benjamin Dives said: "We’re offering a grown up and robust experience for those who wish to safely and easily understand and invest in digital currencies. We’re confident we’ll transform this market in the UK and will become the leading cryptocurrency and blockchain consultancy for institutional investors and consumers alike".

Decentralized and fair voting with blockchain technology. The largest blockchain-consortium, Central Securities Depository (CSD) that includes central securities depositories from Russia, South Africa, Switzerland, Sweden, Chile, Argentina and the United Arab Emirates, plans to develop a proxy voting system based on blocking technology. It is aimed at ensuring the security, transparency and integrity of the e-voting system. It is assumed that the system will be used at meetings of shareholders and will automatically take into account the rights and privileges of representatives of each organization. ‘’It appears that together with our partners we have managed to create a good working format and cooperation atmosphere aimed at creating new services and lowering the costs for the clients of CSDs’’ said Eddie Astanin, chairman of executive board at CSD of Russia (NSD).

Purchase for bitcoin with just one click. The British startup Revolut applied for banking licensing. The startup has already attracted more than 950,000 users from all over Europe. Customers of the Revolut will be able to exchange currencies, international money transfers and other transactions without commissions, including cryptocurrency. It is planned that it will be possible to convert traditional money into the crypto currency directly in their application. Nikolay Storonsky, founder and CEO of the startup said; ‘’The big problem is when I pay for something on the internet, I am charged fees: issuing fees, Mastercard and Visa fees, etc. We are planning to give our account to every business. They can put on their website a ‘Pay with Revolut’ button, and money is transferred from customers to businesses, frictionless as well’’.

Partnership of Baltic countries in innovative technologies. Governments of three countries; Estonia, Lithuania, Latvia have signed a Memorandum of Understanding in economic field. According to the memorandum, these countries will cooperate for developing their economies, including in the innovation sphere. ‘’The Estonian, Latvian and the Lithuanian Ministry recognize the importance of developing capital markets and a strong institutional structure for solving transboundary problems situations in the Baltic countries. They also plan to support the development of innovative solutions in the capital markets and modern technologies, for example, blockchain, preferring regional fintech solutions." stated in the memorandum.

Hong Kong will establish blockchain based trade financial system. The system that government of Hong Kong plans to introduce in the country may be beneficial for China’s Belt and Road Initiative (OBOR), which is aimed at strengthening trade ties between China and its partner countries by combining the projects of the "Economic belt of the Silk Road" and the "Silk Road of the XXI century". James Henry Lau, Secretary for Financial Services and the Treasury of Hong Kong said: ‘’Trade along the Belt and Road is mostly conducted by small and medium-sized enterprises, so Blockchain’s DLT could help by cutting out the need for a central organization and middlemen’’.