Koles Coin News: Cryptocurrency News Videos, Jan 26

Jan 26, 2017 at 13:16 // KCN Videos
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Coin Idol

This video is brought to you by CoinIdol.com in partnership with Koles Coin News Channel

Aeternity tests a new blockchain technology

Aeternity is testing new blockchain project. Aeternity, a blockchain development lab in Liechtenstein, has announced a testing of a new blockchain technology – testnet. Founder Yanislav Malahov said that the company builds a blockchain solution for verifying, storing and executing smart contracts. The lab representatives report, testnet will be turn on to mainnet next year, which is set to launch in early 2018.

FINRA calls on to collaboration of market participants

FINRA calls on to collaboration. FINRA (The Financial Industry Regulatory Authority) has published a report on the “Implications of Blockchain for the Securities Industry”, with a recommendation for distributed ledger market participants and regulators to collaborate to address any of the potential risks in using of blockchain. FINRA calls for an open dialogue with market participants and encourages all interested parties to comment on this report till the 31th of March, 2017.

Government of Finland will use blockchain

Blockchain will change government administration in Finland. According to industry experts, blockchain has the chances to run the Finnish welfare system. Blockchain adopting will change the government institution in way of giving transparency to transfers; it could either be used as an accountancy ledger to record the issuance of the fiat currency and to help cutting off middlemen. Also blockchain technology has the potential to make systems of benefits distribution more efficient, cheaper and secured against fraud.

E-Dinar has announced a marathon

A marathon by the cryptocurrency. E-Dinar Coin has announced a four-week competition. Every Monday the task will be published for the participants of the marathon on E-Dinar Coin’s website – in case of successful implementation it will be rewarded with a fee from 5 to 10 EDC. A month later, three lucky ones will be chosen from the number of finalists, and E-Dinar Coin will double the sum on their wallets. Sign up to participate in the marathon on marafon.edinarcoin.com

SBI Digi Bank will be launched in India

Wholly digitalized bank is launching in India. The State Bank of India (SBI) will be the first in the country to launch SBI Digi Bank – digital-only bank. According to a report in Indian daily the Economic Times, the digital bank will be launched in the next 3-6 months. Creating of SBI Digi Bank is significant in India – a country that is badly reliant on banking at physical locations.

Circle. The new the smart contracts platform

The transaction processing evolution. Circle company announced about the creation of the new smart contracts platform. Spark is the platform is a social payment system, where the transactions will be carried out in Bitcoin. The Circle representatives noted - Spark will be "open protocol and API», which will be an alternative to the traditional settlement systems.

Purse.io released a version for Android

Discounts on Amazon with bitcoin! Purse.io App for iOS, with the help of it before it was possible to make such purchases, and is now available for Android, which will enable billions of people to make purchases on the platform. Purse.io provided on the prices of goods from Amazon lower than on Amazon itself, at the expense of lower transaction fee for Bitcoin and discounts that mobile application provides its users

China charge for payments via cryptocurrency

The commission for paying via cryptocurrency. China’s largest cryptocurrency exchanges began to charge a fee for every trading operation with Bitcoin and Litecoin. CoinIdol.com reports - BTCC, Huobi and OKCoin exchanges charging a flat fee of 0.2% per transaction for both market makers and takers. Updates entered into force on January 24th at 00.00 local time on.


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