Contract

The Italian Society of Authors and Publishers (SIAE) obtains the first place in the ministry of economic development (MiSE) rankings with a project dubbed "Copyright management on 5G networks with Blockchain." The ministry is trying to fund and support disruptive technologies including smart contracts, DLT, cryptocurrency, artificial intelligence (AI), internet of things (IoT).

The coin has continued to fall to a bullish falling wedge pattern. The price pattern widens from the top, and contracts as Bitcoin continues its downtrend. As Bitcoin falls and slopes down, this pattern may eventually reverse the current trend. Three days ago, the pair reached a high of $7,800 and began another downward move.

The BTC/USD pair is in a sideways trend above the $7,000 price level. Bitcoin may go up to $7,700 as the falling wedge pattern forms.

Blockchain, smart contracts and incentive mechanisms on cryptocurrencies have big abilities in terms of environmental and social sustainability in Italy, nevertheless, it is necessary to keep in mind that technology is only a tool and that only if correctly applied will it really facilitate the adoption of “green” and fair. Let’s then examine the opportunities offered by the distributed ledger technology (DLT).

Leading crypto gaming organization, the Coingaming Group, has now revealed a new partnership with the non-profit blockchain firm, the TRON Foundation, responsible for developing one of the world’s foremost blockchain and smart contract platforms, TRON and the TRX cryptocurrency.

The Indian government is planning to develop effective contracts using innovative technologies including blockchain. Agreement implementation is a main engine of an economy where all financial dealings such as transactions, are principally agreements among the participants, such as companies, governments, organizations, etc.

Recently, IKEA Iceland successfully made an invoice on Ethereum (ETH) blockchain tech, by allowing payments from a local merchant in electronic cash. The monetary payment was conducted in the best interests of Nordic Store by means of encoded smart contracts.

One of the requirements of the blockchain to change a chain lock is that this decision is validated by the majority of decision-making power. Nothing could be more democratic, one would say. That's why it was initially seen as a system without masters where everyone can participate, in theory. Many Italians doubt whether technologies including cryptocurrencies, smart contracts, etc. are secure or not.

It is indeed a historic turning point for blockchain and major cryptocurrencies, as the New York Exchange (NYSE) opens its doors to Bitcoin, the world’s leading digital currency.