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  1. The blockchain division of IBM, one of the most important technology companies in the world, continues its efforts to enter the field of protection of the personal information of its users. In this regard, IBM announced that it works together with Hu-manity.co, the creators of an app called # My31 that aims to protect the medical information of all users, so its name refers to a "31st human right", referring to the 30 rights recognized by the United Nations. This alliance with Hu-Manity demonstrates that the technological giant is committed to the field of information protection, as well as in the foray into the world of blockchain technology. "Making people see their rights in a blockchain will create a completely new market and economic model as a result of this," said a spokesman for IBM's blockchain division. This makes reference to that, although the Hu-Manity app is aimed at individuals, the corporations would surely be interested in developing business versions. Did you like this article? Don’t forget to follow @Buenoscoin on instagram to stay up to date with all the news of the cryptoworld. Enter to buenos.io to know more about this revolutionary project.
  2. Despite having been released since the launch of Bitcoin, as we have said on other occasions, the origin of the blockchain is a little older. Of course, the rise of cryptocurrencies has included a revolution in our times, mainly due to the fact of promoting a new form of registration in which there is no need for external ones. Let's review a little. Commonly, we entrust our money to a bank, which is responsible for saving it and approving and recording the transactions we make with it. Of course, this will be charged commissions, which are usually quite high and, depending on the case, we must wait for some time for the operations to be effective. So that entity, supervised by a government in turn, will keep in its own accounting books a record of all transactions made by its users, and these will only be responsible for carrying them out, paying for said work, trusting the bank and waiting to be processed. We call this centralization. Blockchain technology, also known as blockchain, works like a digital ledger. When one person transfers money to another, this represents a transaction. The miners of the network group the transactions in blocks, which contain information of the same: date, amount, address of the wallet, among others; but in order to be added to the chain, it is necessary that they be verified. For this, a kind of competition is carried out in which the miners solve a mathematical problem of great complexity, and whoever completes it first will manage to add the block of transactions to the chain and, in addition, obtain a reward for said work. This is the most fascinating part. Each block that is added to the blockchain has its own hash, a unique identification number that condenses all the information contained in them. In turn, this is linked to the hash of the previous block, and the same does the following, creating an unalterable structure. Why? Well, if someone tried to change the verified data in a certain block, for example, the address of the receiver of a certain transaction, this would change the hash of that block and break the chain. In this way, we have a network in which not only a high level of security stands out, but the absence of intermediaries to guarantee it. They are the same members of the same who are responsible for updating, through what we know as work tests (PoW) and evidence of participation (PoS). These function as consensus mechanisms that in a certain way allow the community to reach an agreement without the need for a mediator. So, unlike the process to which we are accustomed, the chain of blocks works in a decentralized way. Now, having raised all this, it is a bit curious to mention that there are three types of blockchain, classified precisely according to the participation in them. In this sense, we can mention: public, private and federated. Given that in other opportunities we have explained the operation of this technology, in this article we will focus on comparing the first two. Let's briefly define each one. Public blockchain A public blockchain, also called open, as its name implies, is one in which anyone can join the network and collaborate with the update of the chain. This means that any member of the community in question can review the information contained in the verified blocks and participate in the verification process of the operations without any type of restriction. Private blockchain A private blockchain, also known as a closed blockchain, is one that is owned by an individual or institution, which is why it is not allowed for anyone to enter the community and add blocks to the chain. In fact, to be able to join the network, it would be necessary to receive an invitation from the developers of the same. Did you like this article? Don’t forget to follow @Buenoscoin on instagram to stay up to date with all the news of the cryptoworld. Enter to buenos.io to know more about this revolutionary project.
  3. Abra announced through a press release that now, from its platform, its users can deposit and transfer from European bank accounts. He also confirmed that they would now have up to three new cryptocurrencies to trade on their platform, namely; Tron (TRX), Cardano (ADA) and Basic Attention Token (BAT). With this integration, users of the North American platform that also have a bank account attached to the Single Euro Payment Area (SEPA) that covers all members of the European Union will be able to transfer money directly to their digital asset wallets to acquire any of the 28 cryptocurrencies available on your platform. On this, Bill Barhydt, former member of Goldman Sachs and founder and CEO of Abra, said that this initiative was motivated due to the high demand from its customers in more than 70 countries. "We want to give investors the opportunity to deposit into their Abra accounts from any bank account," he said. In this way and to venture into the market of the old continent, Abra would complement its old forms of payment that would include bank transfers from North American entities and the Philippines. Also, its mobile application allows users to charge funds through their prepaid and credit cards in the United States, physical deposits in the Philippines, and deposits in Litecoin, Bitcoin and Bitcoin Cash, the most recent addition to the platform. In addition, Barhydt took the opportunity to clarify during an interview for CNBC that Abra was not an application to exchange cryptocurrencies, but to invest. "Abra is an application to invest in cryptocurrencies, in the same way that Fidelity is an investment application in shares", explaining also that the users of its community are investors that bet on long-term cryptocurrencies, since "cryptocurrencies are here to stay. " Did you like this article? Don’t forget to follow @Buenoscoin on instagram to stay up to date with all the news of the cryptoworld. Enter to buenos.io to know more about this revolutionary project.
  4. The hospital of the Medical University of Taipei, Taiwan, has created a platform for healthcare that uses blockchain technology to maintain, safeguard and facilitate access to medical records of their patients, according to local portal Taipei Times. The initiative, which will be called "Healthcare Blockchain Platform" will also improve patient referral services by being integrated into healthcare networks. The platform, which involves more than 100 community clinics, was developed in accordance with the policy of the hierarchical medical system requested by the government. By using the platform, patients can access more easily and securely all of their records, which include images of medical exams, laboratory results and health exams with the use of a mobile application. For their part, hospitals will be able to request, authorize and transfer patient data to each other in a much more fluid way using smart contracts. Chang Shy-shin, head of the Department of Preventive and Community Medicine, says that the traditional way of referring patients to other doctors is through counters where a nurse assists them, but now the process is channeled with the application. Did you like this article? Don’t forget to follow @Buenoscoin on instagram to stay up to date with all the news of the cryptoworld. Enter to buenos.io to know more about this revolutionary project.
  5. CEO of Dash suggests that institutional investors cautiously train the cryptocurrency industry Technological advances in the decentralized sector have been attracting miles of investors and interests over the past few years. And although the transition has been slow, at present it has been raising the barriers towards a massive adoption. Still, the many risks that may arise have been their announcement work on the possible risks that may arise. Recently, the CEO of Dash Core Group, Ryan Taylor, also took the same course declaring that representatives of the financial industry at an international level had "movements with caution" in the decentralized market. According to his statements: Financial institutions are also risk management machines. Your entire business model depends on responsibility and risk management. So, I think that despite the enormous potential of cryptocurrencies, larger institutions must act with caution. He also urged an interested party in the necessary measures so that custody solutions are more relevant in each case. Regarding the above, Taylor added that: While working on these things, it is clear that they will play too late. [Many have left their traditional jobs to pursue a career in the decentralized sector], because they do not want to be left out. [...] Ultimately, most competitors entering the market today will fail, because the market is still discovering the sources of value that lead to success. On the other hand, other figures of influence in the industry have reported an improvement in the interest rate, such as the vice president of Coinbase, Adam White, who assured that the strategies that the company has employed to attract investments to the firm have been successful. Did you like this article? Don’t forget to follow @Buenoscoin on instagram to stay up to date with all the news of the cryptoworld. Enter to buenos.io to know more about this revolutionary project.
  6. The state government of the South Korean province of Gyeongsangbuk-do announces that it will be launching its own blockchain-backed digital currency, where appropriate, to optimize its loyalty program at the state level. According to the site 'News.Naver', the government authorities of the region will be associated with the 'Orbs' initiative, a source of development of the virtual currency 'Gyeongbbuk', which will be offered for citizens to obtain as substitute. for the best 'Hometown Love' gift cards. It should be noted that the provincial government is about one trillion won (US $ 90 million) in the Gyeongbuk token. According to the head of technology and science of the Gyeongsanbuk police, Sunghyun Chung: There are still many issues that need to be resolved, especially as to how to instruct sellers how to use virtual currencies, as well as emerging programs and issuing currencies. [...] The cryptocurrencies, however, are a technological or central basis that must be accepted. Although some legislators in South Korea have greater adoption of cryptocurrencies and distributive accounting, it is clear that the country has had a battle against decentralized trade and the issuance of ICOs (Initial Offers in Cryptocurrencies); even so, in recent months, the authorities have taken a somewhat less apprehensive stance. Did you like this article? Don’t forget to follow @Buenoscoin on instagram to stay up to date with all the news of the cryptoworld. Enter to buenos.io to know more about this revolutionary project.
  7. The multinational and service bank 'Standard Chartered' (SC) recently revealed its plans to develop a blockchain project for bank guarantees, using the 'R3 Corda' platform. The project was carried out in partnership with the Siemens Company and with the TradeIX platform, which started the pilot in March and intends to complete it by the end of 2018. Defective success, the new development allowed "digitize exchanges, take advantage of data in real time, as well as transform the way traditional exchanges are made," said the head of product exchange, Samuel Mathew. It should be noted that bank guarantees require a high consumption of resources and paperwork, therefore ledger technology will distribute the practice of reducing costs and manufacturing processes at your fingertips, to the management of the guarantee of claims or requests” According to the CEO of the TradeIX partner, Rob Barnes: We believe that world trade is in the dimension of digital transformation that will revolutionize the whole traditional commercial and operational model with which we have been developing in recent years. This release also marks one more point of implementation of the R3 Corda blockchain platform, which has been adopted by the Thai bank in an effort to support the creation of its own virtual currency. Did you like this article? Don’t forget to follow @Buenoscoin on instagram to stay up to date with all the news of the cryptoworld. Enter to buenos.io to know more about this revolutionary project.
  8. Through a publication in Medium, Joshua Broggi, gave updates on his project, Woolf University, the first university based on blockchain technology in the world, which will be based in Malta. Woolf University hopes to use the technology to save on administrative costs, guarantee the security of the degrees and bring the students' attendance, among many other uses. Dr. Joshua Broggi is an academic at the Faculty of Philosophy of the University of Oxford and a member of his ruling congregation and help with colleagues wrote the white paper and founded Woolf University of which he would also be director. The project expects the first fully accredited university and the borders that use blockchain technology to enforce standards, eliminate and automate bureaucratic processes and safeguard financial and personal data. The initiative, which was launched in March of the current year, admit distance learning, as well as personally, so it is becoming a platform for students and teachers can connect to anywhere in the world through an app. Although the platform is not complete, people use for students who approve their academic record and for which teachers have their payments secured by the application of intelligent contracts. Regarding the decision to build the headquarters in Malta, Broggi wrote in the publication that the country offers an educational framework "based on British traditions". Joshua also comments that they have had meetings with the Minister of Education, Evarist Bartolo, and the National Commission for Higher and Higher Education. Did you like this article? Don’t forget to follow @Buenoscoin on instagram to stay up to date with all the news of the cryptoworld. Enter to buenos.io to know more about this revolutionary project.
  9. On Tuesday morning, the founding team behind the TMON startup revealed that it would have raised more than 32 million dollars to develop a stablecoin called Terra, which in addition to providing the already known advantages of the stablecoins, would come with a user base already established. Created by the entrepreneur Danial Shin, founder of TMON; one of the most important e-commerce sites in South Korea, the Terra project is launching with several important alliances with companies with more than 40 million consumers. These partners, who will form the Terra Aliance - a group of e-commerce websites interested in incorporating the sablecoin into their businesses - include Qoo10, Caroussell, Woowa Brothers, TIKI and Pomelo. Thus, according to a project spokesperson, these companies together would generate more than $ 2.5 billion in sales. "We have joined these Asian sales platforms that are not called Alibaba or Amazon to bring Terra into the hands of many people," said Shin. It is not a surprise that this consortium includes several cryptocurrency investors, such as Arrington XRP, Hashed, 1kx, FBG Capital, Polychain Capital, Kenetic Capital and Binance, the most important Exchange in the world. Did you like this article? Don’t forget to follow @Buenoscoin on instagram to stay up to date with all the news of the cryptoworld. Enter to buenos.io to know more about this revolutionary project.
  10. The Yahoo Finance portal interviewed Alexis Ohanian, co-founder of Reddit, at the center for entrepreneurs of Nasdaq, where he asked about his expectations about Bitcoin (BTC), considering that he had to move in countries with paralyzed economies. He also expressed that cryptocurrency is at an early stage to be accepted in a massive way. At the beginning of the interview, in his opinion about his enthusiasm for cryptocurrency and those trends in Silicon Valley, he thanks his Initialized Capital partner, Gary Tan. It is Brian Armstrong, co-founder of Coinbase, before he even had a partner for that project. He added that "the credit is from Gary for having been there so early" and that he is just trying to follow his movements. Then, they asked him about his expectations about Bitcoin and its inherent volatility, he responds that, as the reserves of value with their paralyzed, energy support services companies mitigate the devaluation by buying the cryptocurrency. He says that, despite its volatility, some people before they get ahead of the volatility of their own fiduciary currencies. He adds that they are hardly in the principles for the massive adoption of Bitcoin in the daily life of the Americans but that, Coinbase is in a privileged position to help in that work. Alexis thinks that an important part of this goes through the user interface that has to be simple, friendly and practical enough. Did you like this article? Don’t forget to follow @Buenoscoin on instagram to stay up to date with all the news of the cryptoworld. Enter to buenos.io to know more about this revolutionary project.
  11. The Central Bank of Thailand (BOT) will issue its own digital currency in conjunction with several local financial institutions. Recognizing the great impact that technological changes have on global financial services, this entity announced that it works in collaboration with the largest banks in the country in a project that offers a digital solution for the Thai financial sector. Following the implementation of the nation's first cryptocurrency regulation, the Bank of Thailand initiated the Inthanon Project with R3 as a technology partner, in addition to 8 financial institutions. As mentioned in the press release, these institutions at Bank of Ayudhya Public Company Limited, Bangkok Bank Public Company Limited, Siam Commercial Bank Public Company Limited, Standard Chartered Bank (Thai) Public Company Limited, Kasikornbank Public Company Limited, Thanachart Bank Public Company Limited, Krung Thai Bank Public Company Limited and The Hongkong and Shanghai Banking Corporation Limited According to the Bangkok Post, in addition to this project, the Bank of Thailand is also developing a blockchain proof of concept for "sales of government savings bonds to increase operational efficiency". In June of this year, the president of this institution revealed the concept, said he sought to explore the potential of technology to chain to facilitate international and inter-bank transactions. Did you like this article? Don’t forget to follow @Buenoscoin on instagram to stay up to date with all the news of the cryptoworld. Enter to buenos.io to know more about this revolutionary project.
  12. A recent statement from the Singapore Exchange (SGX) reveals its partnership with the Monetary Authority of Singapore (MAS) in order to use distributed ledger technology to optimize securities settlement processes. The main objective of the collaboration is to improve the capacity and procedure of delivery versus payment (Delivery-Vs-Payments or DvP) of assets and transactions through the blockchain platform, also using smart contracts. In this way, the risks will be reduced and a greater operational efficiency will be created. Likewise, the platform will allow investors and financial institutions to trade in various blockchain platforms the securities and assets that have been tokenized. In this regard, the head of technology of the SGX, Tinku Gupta, stressed that: This initiative will use blockchain technology to efficiently link funds transfers and securities transfers, eliminating the risk of both buyers and sellers in the DvP process. It should be noted that the project will have three commercial partners of international relevance: Deloitte, NASDAQ and the startup blockchain Anquan, which will help with the development and promotion of the initiative, which uses open source software, developed as a result of the project. 'Ubin' launched in 2016 and that allows to settle inter-bank transactions through the blockchain. For its part, this coming November, the company will publish a report that will identify key design points and other considerations to be implemented. Did you like this article? Don’t forget to follow @Buenoscoin on instagram to stay up to date with all the news of the cryptoworld.
  13. The news portal Hard Fork reported today on the cancellation of the Initial Currency Offer (ICO) of the Indiegogo platform, since its intermediation partner, MicroVentures, informed the participants who financed the initiative that they will not receive tokens, but rather a refund of your money. Hard Fork learned of the cancellation after receiving the official email sent by MicroVentures. The email, which was sent in July, indicates that MicroVentures, a commercial partner of Indiegogo and in charge of the management of the ICO, thanks the participants of the Fan Controlled Football League (FCPL) pre-sale, but recognizes that the environment of Cryptocurrency regulations have been changing rapidly. That is why they have decided to cancel the ICO and return the capital to investors. FCPL is a proposal within Indiegogo that seeks to raise up to USD $ 5 million to build a football league, where the company promised to distribute tokens to its investors. The distribution of these tokens was to be supervised by MicroVentures but these indicate that the US Securities and Exchange Commission (SEC) has not provided a formal guide or legal framework on how to conduct an ICO. MicroVentures assures that they were waiting for the ICO to end while they followed the current regulations and then distribute the money to the company in charge of FCFL. Although they consider that everything they had done so far was in accordance with SEC laws, they can’t foresee new regulations and therefore decided to begin the return process by contacting the actors involved. The association of Indiegogo and MicroVentures began last December when they decided to take the FCFL project to establish a financing program through ICOs in order to expand crowdsourcing financing methods. Until the cancellation, the project had exceeded its initial goal, reaching USD $ 5.2 million in Bitcoin (BTC), Ether (ETH) and fiat currencies. Did you like this article? Don’t forget to follow @Buenoscoin on instagram to stay up to date with all the news of the cryptoworld. Enter to buenos.io to know more about this revolutionary project.
  14. The kryptovault mining farm based in Norway and facilities in different cities, may be forced to suspend operations due to the high noise levels generated by their equipment. According to what is known through information published in The Local, the authorities claim that the facilities used for cryptocurrency mining do not have the indicated permits and have been operating illegally. However, it is not yet known with certainty what these certifications are that they must request in order to continue with the activity. As a result, local government officials are able to force the company to complete their mining operations in the locality, although only for a limited period of time. Despite this, the CEO of Kryptovault Stig Myrseth said that the company that had requested the remaining permits to operate correctly, indicating the same time that by the time of receiving the address of the mining facilities of the same had all the appropriate permits. The company's mining center handles some 9,500 computers, using up to 40MW of power, this allows several million Norwegian crowns to be mined in cryptocurrencies and increase the capacity of profits to investors. Did you like this article? Don’t forget to follow @Buenoscoin on instagram to stay up to date with all the news of the cryptoworld. Enter to buenos.io to know more about this revolutionary project.
  15. The news portal Bloomberg, today echoed a report by Sandford C. Bernstein where he questioned the true financial liquidity of the Bitmain company and notes with concern the sudden changes in the strategy, in addition to the competition is stronger in the future Despite the pessimism, it is estimated that Bitmain owns 85% of the market for cryptocurrency mining equipment. The report was led by analyst Mark Li of Sanford C. Bernstein & Co., a company that manages private property investments, where he analyzes the movements that have been made by the Bitmain blog in view of his upcoming initial public offering (IPO) where They hope to raise USD $ 3 billion. Considering the company's technological advantages over its rivals, Canaan Inc. and Ebang International Holdings Inc. were becoming smaller. The findings can be very encouraging as the report advises the main product of the chips designed by Bitmain, Taiwan Semiconductor Manufacturing Co., to request full prepayments and to refrain from having a commercial strategy focused solely on cryptomería. In this sense, the CEO and co-founder of Bitmain, Jihan Wu, said that, in the next five years, up to 40% of the profits could be the future of the future sale of Artificial Intelligence (AI) tokens. It is noteworthy that the Bitmain company, based in Beijing, is one of the most profitable profitable in the world and it is estimated that its profits in the first quarter of 2018 were USD $ 1.1 million. The majority of these profits were obtained from the sale of crypto equipment, but they also received income for charging the fees for the management of the equipment, fees for the lease of power by mining through cloud services and the property itself. Minar digital currency they make. Did you like this article? Don’t forget to follow @Buenoscoin on instagram to stay up to date with all the news of the cryptoworld. Enter to buenos.io to know more about this revolutionary project.

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