Koles Coin News: Cryptocurrency News Videos, Mar 6

Mar 06, 2017 at 18:36 // KCN Videos
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Japanese banks to implement Ripple

The new technologies for Japanese banking. The consortium of the 47 banks of Japan had successfully tested the distributed financial technology of Ripple. The technology was implemented to RC Cloud Platform payment system, and allowed to do real-time inside and cross-border payments. Emi Yoshikawa, the director of Strategic Business Innovator Group Ripple Asia noted: «By implementing of the new technology the consortium now is challenged to make domestic and international payments more efficient».

Storj received $3 million investment

The investors are interested in the Storj database. Google Ventures and Qualcomm Ventures joined to the investment, the total amount of which composed $ 3 million. With using the rented memory areas on hard drives the company offers a distributed data storage. Today the system already has more than 7000 miners. After network modernization it will be much safer, faster and cheaper compared to the systems of Amazon, Microsoft and Google; the cost of storage will be equal to one and a half cents per gigabyte of data.

Kraken Exchange bought analytical service Cryptowatch

Large crypto-market absorbed a popular service. Crypto exchange Kraken acquired service for price monitoring and market conditions. Cryptowatch customer base increased by 7 times over the last two years and the service needed more resources for normal operation. The developer of Cryptowatch Artur SapЕk convinced that the deal with the Kraken is a “natural next step” in maintaining the site's high status in the crypto-community. According to him, the main function of the website remains the same, and the developer with a team will continue to work in the Kraken.

Bitfinex stops services in Washington

Bitfinex partially stops working in the USA. A Hong Kong-based bitcoin exchange has stopped to offer services for customers in Washington state. According to Reddit website, the residents of the state started to receive the messages on their BFX accounts that Bitfinex could no longer offer them services, since they are in Washington State. The users received no email from exchange, though were given one day to withdraw funds. 

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