India’s Skimmed Milk Powder Prices Likely To Increase; Global Prices Will Affect The excessively abundant supply of milk in India is expected to affect the international prices for dry milk powder. The recently offered government subsidies to support the local farmers of India are expected to increase export prices by nine fold. India’s skimmed milk powder (SMP) exports are expected to increase up to 100,000 tonnes by the end of 2018 or in the start of 2019 fiscal year as the government incentives spur abroad, sales and increase transactions from the world’ biggest milk producers in the global market. In fact, the increased shipments from India could put pressure on the worldwide SMP prices, which have reduced by 50 percent in the last four years owing to the extra supplies. In addition, the export will help India reduce the inventories that are responsible for the reduction in local raw milk prices. The same reason has lead Indian farmers to start protests against the government. As reported by Reuters, R. S. Sodhi, managing director of Gujarat Cooperative Milk Marketing Federation Ltd, stated that right now India is not exporting a big quantity of milk. But the government subsidies will help to increase a coming month. For Indian farmers, the dairy industry is a lifeline. Millions of rural farmer depend on the earning from milk export. In fact, Indian farmers earn more money from milk sale than any other goods sale such as wheat and rice. Therefore, the plummeted milk prices hammered farmers’ earning, which pressurized the authorities to act. If the government decided to act on it and help the farmer to meet the right prices for milk, the dairy industry in India will dominate the world, affecting the milk price from other leading markets such as the U.S. and Africa. The post India’s Skimmed Milk Powder Prices Likely To Increase; Global Prices Will Affect appeared first on OWLT Market.

The excessively abundant supply of milk in India is expected to affect the international prices for dry milk powder. The recently offered government subsidies to support the local farmers of India are expected to increase export prices by nine fold.

India’s skimmed milk powder (SMP) exports are expected to increase up to 100,000 tonnes by the end of 2018 or in the start of 2019 fiscal year as the government incentives spur abroad, sales and increase transactions from the world’ biggest milk producers in the global market. In fact, the increased shipments from India could put pressure on the worldwide SMP prices, which have reduced by 50 percent in the last four years owing to the extra supplies. In addition, the export will help India reduce the inventories that are responsible for the reduction in local raw milk prices. The same reason has lead Indian farmers to start protests against the government.

As reported by Reuters, R. S. Sodhi, managing director of Gujarat Cooperative Milk Marketing Federation Ltd, stated that right now India is not exporting a big quantity of milk. But the government subsidies will help to increase a coming month.

For Indian farmers, the dairy industry is a lifeline. Millions of rural farmer depend on the earning from milk export. In fact, Indian farmers earn more money from milk sale than any other goods sale such as wheat and rice. Therefore, the plummeted milk prices hammered farmers’ earning, which pressurized the authorities to act. If the government decided to act on it and help the farmer to meet the right prices for milk, the dairy industry in India will dominate the world, affecting the milk price from other leading markets such as the U.S. and Africa.

The post India’s Skimmed Milk Powder Prices Likely To Increase; Global Prices Will Affect appeared first on OWLT Market.

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Accenture Global Solutions Considers Using Blockchain To Automate Shipping Logistics Accenture Global Solutions, a professional consulting giant, adopting the blockchain technology for its shipping logistics services. The US Patent and Trademark Office, recently, published a document on 26th July 2018 which stated that the system would determine few certain features for the items that might be transported and the system would store those features on a blockchain. The planned system would trace the things as they’re transported from one place to different by using the info hold on the Blockchain to verify each of the condition and the position of the item. Devices, be it unscrewed aerial vehicles or robots, would be utilized by the network to verify the integrity of the things as they’re shipped to their varied destinations. The data would be compared with the standing to the things already hold on the ledger. As the item generates within the trip, if the device with success verifies the item by matching its data, thereupon, hold on the blockchain, the item would be enraptured on to continue its trip or is enclosed for an extra producing method. However, if the verification is unsuccessful, the device might provide an order that the system either halt the trip or come back the item. This would alert everybody, concerned with the shipping method that regulates the item. The system might probably need a gathering or request for an investigation of the item to envision if it had been altered or tampered. Though this can be not the primary time blockchain would be adopted for shipping provision, however, it is the primary of its application for Accenture. Coin Desk reported in 2017 that Banco Bilbao Vizcaya Argentaria (BBVA) has collaborated with Blockchain company Waves to produce a distributed ledger technology (DLT) platform for shipping solution. In 2017, it was also mentioned that the Samsung piloted a blockchain application that purposes for tracking and recording shipping documents and logistics connected to exports/imports. The post Accenture Global Solutions Considers Using Blockchain To Automate Shipping Logistics appeared first on OWLT Market.

Accenture Global Solutions, a professional consulting giant, adopting the blockchain technology for its shipping logistics services.

The US Patent and Trademark Office, recently, published a document on 26th July 2018 which stated that the system would determine few certain features for the items that might be transported and the system would store those features on a blockchain. The planned system would trace the things as they’re transported from one place to different by using the info hold on the Blockchain to verify each of the condition and the position of the item.

Devices, be it unscrewed aerial vehicles or robots, would be utilized by the network to verify the integrity of the things as they’re shipped to their varied destinations. The data would be compared with the standing to the things already hold on the ledger.

As the item generates within the trip, if the device with success verifies the item by matching its data, thereupon, hold on the blockchain, the item would be enraptured on to continue its trip or is enclosed for an extra producing method. However, if the verification is unsuccessful, the device might provide an order that the system either halt the trip or come back the item.

This would alert everybody, concerned with the shipping method that regulates the item. The system might probably need a gathering or request for an investigation of the item to envision if it had been altered or tampered.

Though this can be not the primary time blockchain would be adopted for shipping provision, however, it is the primary of its application for Accenture.

Coin Desk reported in 2017 that Banco Bilbao Vizcaya Argentaria (BBVA) has collaborated with Blockchain company Waves to produce a distributed ledger technology (DLT) platform for shipping solution. In 2017, it was also mentioned that the Samsung piloted a blockchain application that purposes for tracking and recording shipping documents and logistics connected to exports/imports.

The post Accenture Global Solutions Considers Using Blockchain To Automate Shipping Logistics appeared first on OWLT Market.

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Artificial Intelligence Blockchain App RevenYou To Launch ICO Artificial Intelligence Blockchain is a distinct rarity–RevenYou is one such ICO, going to start their offering in 11 days time–this ICO offers a very good opportunity for the investors as the future of AI looks very bright. The app will be designed by RevenYOU and will provide users with access to a variety of trading advice. It would also present them with many technologies at a touch of a button. The overall aim of the app is to better the way in which people trade. They would be providing support which can be accessed easily to make sure that traders make the most out of the deals. There are many benefits which would be offered by the company to the small traders which would make the application a lot more accessible. The algorithm which is applied in the app which makes sure that traders to create perfect strategy for their investments. The revenue which is produced with the help of the platform will be shared amongst the users. There are many investors who will have access to the trading algorithm. This algorithm is presently being used by many existing and well-established traders. With the help of the RevenYOU, this algorithm will now be able to access to all the users and not the selected few. This would make the playing field fair and ensure that everyone has changed to earn big. According to reports published in Invezz, RevenYOU is designed to be used by gamers, traders, and developers. The application provides them with the opportunity to create a good network which can lead to better business relations. It is a place where one can collaborate and create brand new algorithms which would be based on the combined skills of the users. These algorithms will ensure that the people using the app get the best returns on their investments. The post Artificial Intelligence Blockchain App RevenYou To Launch ICO appeared first on OWLT Market.

Artificial Intelligence Blockchain is a distinct rarity–RevenYou is one such ICO, going to start their offering in 11 days time–this ICO offers a very good opportunity for the investors as the future of AI looks very bright.

The app will be designed by RevenYOU and will provide users with access to a variety of trading advice. It would also present them with many technologies at a touch of a button. The overall aim of the app is to better the way in which people trade. They would be providing support which can be accessed easily to make sure that traders make the most out of the deals. There are many benefits which would be offered by the company to the small traders which would make the application a lot more accessible.

The algorithm which is applied in the app which makes sure that traders to create perfect strategy for their investments. The revenue which is produced with the help of the platform will be shared amongst the users. There are many investors who will have access to the trading algorithm. This algorithm is presently being used by many existing and well-established traders. With the help of the RevenYOU, this algorithm will now be able to access to all the users and not the selected few. This would make the playing field fair and ensure that everyone has changed to earn big.

According to reports published in Invezz, RevenYOU is designed to be used by gamers, traders, and developers. The application provides them with the opportunity to create a good network which can lead to better business relations. It is a place where one can collaborate and create brand new algorithms which would be based on the combined skills of the users. These algorithms will ensure that the people using the app get the best returns on their investments.

The post Artificial Intelligence Blockchain App RevenYou To Launch ICO appeared first on OWLT Market.

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CySEC’s Innovation Hub Explores Development Using Blockchain Technology The Cyprus Securities and Exchange Commission (CySEC) is building up an innovation hub which aims at exploring the development in the business and specifically financial products utilizing the blockchain technology. The goal of the new entity is to “cultivate a superior, more powerful connection between entities operating in this area and the way they are regulated”. It will give a place where both supervised and non-supervised entities in the new financial industry will approach CySEC to better comprehend and actualize regulatory requirements. The regulator trusts that the new platform will encourage the exchange of data between the regulator and the fintech companies. The latter will have the capacity to get direct information from CySEC, which, on its part, will be in contact with the latest financial developments. “The foundation of the Innovation Hub denotes a critical and energizing step for CySEC’s supervision of new and innovative Fintech organizations in Cyprus,” said Demetra Kalogerou, chair of the CySEC. He also added that in promoting closer ties with these juveniles yet quickly developing businesses, they plan to best secure investors by completely understanding the risks and advantages these new items bring. It is expected that the new hub will turn out to be completely operational in September. Qualified organizations, keen on having their products analyzed by CySEC, can present their demand once the hub point launches. There will likewise be an assigned area on CySEC’s site. It will list the eligibility criteria for the candidates. As reported by cryptovest, the new round for the regulatory sandbox of Financial Conduct Authority of the UK saw a total of 40% of the applicants being associated with blockchain. Тhe US Consumer Financial Protection Bureau (CFPB), has started a regulatory program to help fintech companies present new sorts of products and services, while the UAE saw the launch of its first sandbox-regulated crypto exchange Palmex. The post CySEC’s Innovation Hub Explores Development Using Blockchain Technology appeared first on OWLT Market.

The Cyprus Securities and Exchange Commission (CySEC) is building up an innovation hub which aims at exploring the development in the business and specifically financial products utilizing the blockchain technology.

The goal of the new entity is to “cultivate a superior, more powerful connection between entities operating in this area and the way they are regulated”. It will give a place where both supervised and non-supervised entities in the new financial industry will approach CySEC to better comprehend and actualize regulatory requirements.

The regulator trusts that the new platform will encourage the exchange of data between the regulator and the fintech companies. The latter will have the capacity to get direct information from CySEC, which, on its part, will be in contact with the latest financial developments.

“The foundation of the Innovation Hub denotes a critical and energizing step for CySEC’s supervision of new and innovative Fintech organizations in Cyprus,” said Demetra Kalogerou, chair of the CySEC. He also added that in promoting closer ties with these juveniles yet quickly developing businesses, they plan to best secure investors by completely understanding the risks and advantages these new items bring.

It is expected that the new hub will turn out to be completely operational in September. Qualified organizations, keen on having their products analyzed by CySEC, can present their demand once the hub point launches. There will likewise be an assigned area on CySEC’s site. It will list the eligibility criteria for the candidates.

As reported by cryptovest, the new round for the regulatory sandbox of Financial Conduct Authority of the UK saw a total of 40% of the applicants being associated with blockchain. Тhe US Consumer Financial Protection Bureau (CFPB), has started a regulatory program to help fintech companies present new sorts of products and services, while the UAE saw the launch of its first sandbox-regulated crypto exchange Palmex.

The post CySEC’s Innovation Hub Explores Development Using Blockchain Technology appeared first on OWLT Market.

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SEBI Directs Six Entities To Disgorge Illegal Gains In HDFC MF Front-Running Case SEBI (Securities and Exchange Board of India) directed six entities to give up the illegal gains made in the HDFC MF front-running case along with interest, on July 27, 2018. The Market Regulator passed an order against six entities, including five individuals – Rajiv Sanghvi-HUF, Rajiv Sanghvi, Sanjay Sanghvi, Sonal Sanghvi, Kalpana Kapadia, and Dipti Mehta, to disgorge the dishonestly gained profits in the HDFC AMC front-running case, along with simple interest of 12 percent per annum. The Securities and Exchange Board of India investigated the issue of front-running by few entities from June 2000 to June 2010. The SAT (Securities Appellate Tribunal) already passed an order against the entities in HDFC MF front-running case on March 4, 2016. According to SEBI, the amounts already paid by these entities in the escrow accounts in accordance with the SAT’s order must also be considered for the disgorgement. SEBI added that the entities can pay the balance amounts, which include the interest on the illegal gains calculated from the date of their transactions till the date of deposit in escrow accounts. The interest is calculated with simple interest of 12 percent per annum. The Market Regulator has also asked the banks and depositories, in which the entities have accounts, not to allow any debit transactions without permission. Furthermore, the Market Regulator has also directed the entities not to dispose any of their properties, assets or securities until its order is complied with. Earlier in January 2016, SEBI had directed seven entities to disgorge 3.35 crore Rupees worth of wrongful gains made in this front-running issue, according to The Times of India. As per the latest order of the Market Regulator, Rajiv Sanghvi made unlawful gains of 27,09,298 Rupees, Rajiv Sanghvi-HUF made 9,72,691 Rupees, Sanjay Sanghvi made 39,85,851 Rupees, Sonal Sanghvi made 20,03,481 Rupees, Dipti Mehta gained 8,31,096 Rupees and Kalpana Kapadia gained 47,24,293 Rupees, in the HDFC MF front-running case. The post SEBI Directs Six Entities To Disgorge Illegal Gains In HDFC MF Front-Running Case appeared first on OWLT Market.

SEBI (Securities and Exchange Board of India) directed six entities to give up the illegal gains made in the HDFC MF front-running case along with interest, on July 27, 2018.

The Market Regulator passed an order against six entities, including five individuals – Rajiv Sanghvi-HUF, Rajiv Sanghvi, Sanjay Sanghvi, Sonal Sanghvi, Kalpana Kapadia, and Dipti Mehta, to disgorge the dishonestly gained profits in the HDFC AMC front-running case, along with simple interest of 12 percent per annum.

The Securities and Exchange Board of India investigated the issue of front-running by few entities from June 2000 to June 2010.

The SAT (Securities Appellate Tribunal) already passed an order against the entities in HDFC MF front-running case on March 4, 2016.

According to SEBI, the amounts already paid by these entities in the escrow accounts in accordance with the SAT’s order must also be considered for the disgorgement.

SEBI added that the entities can pay the balance amounts, which include the interest on the illegal gains calculated from the date of their transactions till the date of deposit in escrow accounts. The interest is calculated with simple interest of 12 percent per annum.

The Market Regulator has also asked the banks and depositories, in which the entities have accounts, not to allow any debit transactions without permission.

Furthermore, the Market Regulator has also directed the entities not to dispose any of their properties, assets or securities until its order is complied with.

Earlier in January 2016, SEBI had directed seven entities to disgorge 3.35 crore Rupees worth of wrongful gains made in this front-running issue, according to The Times of India.

As per the latest order of the Market Regulator, Rajiv Sanghvi made unlawful gains of 27,09,298 Rupees, Rajiv Sanghvi-HUF made 9,72,691 Rupees, Sanjay Sanghvi made 39,85,851 Rupees, Sonal Sanghvi made 20,03,481 Rupees, Dipti Mehta gained 8,31,096 Rupees  and Kalpana Kapadia gained 47,24,293 Rupees, in the HDFC MF front-running case.

The post SEBI Directs Six Entities To Disgorge Illegal Gains In HDFC MF Front-Running Case appeared first on OWLT Market.

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Blockchain Solves Identity Management Problems Identity theft, a cybersecurity has recently noted that it has become a pressing issue around the world, and it is of paramount importance to solve this issue for many reasons. Therefore, the blockchain technology has introduced to manage and confirm the user identity and credentials in a much better and secure way. Blockchain like technology is giving the individuals the authority to be in charge of their data i.e. to have a self-sovereign individuality which they control. Blockchain ecosystem nodes like master bulges can deliver a good solution to verify user individuality in DApps; master nodes can constitutionally select a node to confirm user identity. The individual or corporate behind this node can physically verify user documents. In case, the node doesn’t provide good service, the master node can vote for a dissimilar node. This has become a good solution to the decentralized identity issue. Recently, it has been confirmed that blockchain nodes such as simply nodes, full nodes, and master nodes have become vital in order to keep the blockchain working. Blockchain As A Solution To Problems Of Identity Management Blockchain has been used to make a platform that guards individual identities against theft and enormously lessens fake activities. The technology can also help industries building strong blockchains that hold the questions of verification and understanding encountered in numerous industries. Moreover, it gives self-determination to create encoded digital individualities that could substitute many usernames and PINs while posing many complete security features in saving clients and organizations appreciated time and resources. As revealed exclusively to Forbes, it is assured that a lot of countries are moving to blockchain based identity management resolutions in the future, however, there will also be few of them who will be unwilling to this modification, since they might be emerging their own in-house integrated, hackable honeypot-like schemes. The post Blockchain Solves Identity Management Problems appeared first on OWLT Market.

Identity theft, a cybersecurity has recently noted that it has become a pressing issue around the world, and it is of paramount importance to solve this issue for many reasons. Therefore, the blockchain technology has introduced to manage and confirm the user identity and credentials in a much better and secure way.

Blockchain like technology is giving the individuals the authority to be in charge of their data i.e. to have a self-sovereign individuality which they control.

Blockchain ecosystem nodes like master bulges can deliver a good solution to verify user individuality in DApps; master nodes can constitutionally select a node to confirm user identity. The individual or corporate behind this node can physically verify user documents.

In case, the node doesn’t provide good service, the master node can vote for a dissimilar node. This has become a good solution to the decentralized identity issue.

Recently, it has been confirmed that blockchain nodes such as simply nodes, full nodes, and master nodes have become vital in order to keep the blockchain working.

Blockchain As A Solution To Problems Of Identity Management

Blockchain has been used to make a platform that guards individual identities against theft and enormously lessens fake activities. The technology can also help industries building strong blockchains that hold the questions of verification and understanding encountered in numerous industries. Moreover, it gives self-determination to create encoded digital individualities that could substitute many usernames and PINs while posing many complete security features in saving clients and organizations appreciated time and resources.

As revealed exclusively to Forbes, it is assured that a lot of countries are moving to blockchain based identity management resolutions in the future, however, there will also be few of them who will be unwilling to this modification, since they might be emerging their own in-house integrated, hackable honeypot-like schemes.

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World’s Main FX Dealers Compelled CLS To Dilute Blockchain Project CLS, a key settlement house in the $5tn-a-day foreign exchange markets, has been compelled to dilute a two-year blockchain project in the midst of security concerns raised by the world’s main FX merchants. The decision is another case of how the financial service industry can battle to embrace distributed ledger technology, in spite of it being highly vaunted for its cost-saving potential. CLS has been working with technology giant IBM on a blockchain-fueled payment netting service for certain fascinating currencies, including the Turkish lira, since 2016. Investment banks have communicated worries in the past that plugging straight into largely untested technology for the settlement and protection of securities can leave their tremendous information stores helpless against security breaks. CLS intended to offer individuals two different ways to get to the services, known as CLSNet, one direct and the other by means of Swift, the 45-year-old internal payment network utilized crosswise over money related markets. Marquard recognized that it was “a major ask” for banks to coordinate blockchains into their current IT systems. “You are not simply introducing a bit of software. They have to fabricate operational knowledge and know-how,” including that “it has security implications.” CLS declined to remark on how much that project cost, however Marquard stated, “Expanding on new tech is always more costly. We took the step and made this investment. No one has a crystal ball.” The services are in the last phases of testing before its launch later this mid-year. Around half of the 14 banks that initially backed the project are expected to join in the early months. As reported by Financial News, CLS’s members contain the world’s greatest FX trading banks, including any semblance of Goldman Sachs, JPMorgan, Barclays and Citigroup. There is an absence of standardization in the global FX markets for transactions not settled within CLS. Institutions are frequently compelled to mediate manually to finish the procedure, which prompts conflicting ways to netting and higher expenses. The post World’s Main FX Dealers Compelled CLS To Dilute Blockchain Project appeared first on OWLT Market.

CLS, a key settlement house in the $5tn-a-day foreign exchange markets, has been compelled to dilute a two-year blockchain project in the midst of security concerns raised by the world’s main FX merchants.

The decision is another case of how the financial service industry can battle to embrace distributed ledger technology, in spite of it being highly vaunted for its cost-saving potential.

CLS has been working with technology giant IBM on a blockchain-fueled payment netting service for certain fascinating currencies, including the Turkish lira, since 2016.

Investment banks have communicated worries in the past that plugging straight into largely untested technology for the settlement and protection of securities can leave their tremendous information stores helpless against security breaks.

CLS intended to offer individuals two different ways to get to the services, known as CLSNet, one direct and the other by means of Swift, the 45-year-old internal payment network utilized crosswise over money related markets.

Marquard recognized that it was “a major ask” for banks to coordinate blockchains into their current IT systems. “You are not simply introducing a bit of software. They have to fabricate operational knowledge and know-how,” including that “it has security implications.”

CLS declined to remark on how much that project cost, however Marquard stated, “Expanding on new tech is always more costly. We took the step and made this investment. No one has a crystal ball.” The services are in the last phases of testing before its launch later this mid-year. Around half of the 14 banks that initially backed the project are expected to join in the early months.

As reported by Financial News, CLS’s members contain the world’s greatest FX trading banks, including any semblance of Goldman Sachs, JPMorgan, Barclays and Citigroup.

There is an absence of standardization in the global FX markets for transactions not settled within CLS. Institutions are frequently compelled to mediate manually to finish the procedure, which prompts conflicting ways to netting and higher expenses.

The post World’s Main FX Dealers Compelled CLS To Dilute Blockchain Project appeared first on OWLT Market.

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पाकिस्तान में भी जड़ जमा रहा बिटकॉइन पाकिस्तान की आर्थिक हालत किसी से छुपी नहीं है अपनी स्थिति को सुधारने के लिए स्थानीय सरकार वर्षों से प्रयासरत है बावजूद इसके कोई ख़ास सुधार देखने को नहीं मिला है। लेकिन पिछले कुछ महीनो से बिटकॉइन के रूप में क्रिप्टोकरेंसी पाकिस्तान में अपनी जड़ें जमा रही है। हाल ही में एक क्षेत्रीय कम्पनी द्वारा इस बात की पुष्टि कि गयी है जिसमे साफ़ हुआ है कि औसतन हर हफ्ते करीब 50 से ज्यादा लोग बिटकॉइन की ट्रेडिंग में शामिल हो रहे है। पाकिस्तानी प्रीमियर पाक कॉइन और बिटकॉइन की ट्रेडिंग में धीरे धीरे उछाल आ रहा है। हालांकि पाकिस्तान में क्रिप्टो के व्यापार को सरकार की तरफ से स्वीकारा नहीं गया है लेकिंन निवेशक आर्थिक लाभ के लिए क्रिप्टो ट्रेडिंग की तरफ रूख बनाये हुए है। बिटकॉइन ट्रेडिंग को प्राथमिकता पाकिस्तान एशियाई देशों में आर्थिक स्तर पर काफी नीचे देखा जाता रहा है। सरकार की लचर नीतियों की वजह से आर्थिक क्षेत्र में निवेशकों और व्यापारियों को अधिक गति नहीं मिल सकी और सरकार भी उनके उत्थान के लिए कोई ठोस कदम नहीं उठा पाई। लिहाज़ा निवेशकों ने खुद के निर्णय के साथ जाते हुए क्रिप्टो जगत की तरफ रूख किया क्यूंकि डिजिटल करेंसी में बिटकॉइन सबसे ऊपर है। इसे देखते हुए अधिकतर निवेशक बिटकॉइन की ट्रेडिंग को प्राथमिकता दे रहे है। बिटकॉइन एक्सचेंज गाईड के अनुसार पाकिस्तान में महीने की औसत की बात करें तो करीब 200 लोग इस क्रिप्टो व्यापार से जुड़ रहे हैं। पाकिस्तान के क्रिप्टो पाक कॉइन की ट्रेडिंग में भी सुधार हुआ है। कॉइन से जुड़े एक अधिकारी अबू शाहीर का कहना है कि हाल हैं में जो चुनाव परिणाम आये हैं उसे देखने से लगता है कि नयी सरकार लोगों के आर्थिक हित के लिए ख़ास योजना पर काम करेगी। जबकि बिटकॉइन और अन्य डिजिटल करेंसी के भविष्य को लेकर निवेशकों को फायदा देने के प्रयास करेगी। The post पाकिस्तान में भी जड़ जमा रहा बिटकॉइन appeared first on OWLT Market.

पाकिस्तान की आर्थिक हालत किसी से छुपी नहीं है अपनी स्थिति को सुधारने के लिए स्थानीय सरकार वर्षों से प्रयासरत है बावजूद इसके कोई ख़ास सुधार देखने को नहीं मिला है। लेकिन पिछले कुछ महीनो से बिटकॉइन के रूप में क्रिप्टोकरेंसी पाकिस्तान में अपनी जड़ें जमा रही है। हाल ही में एक क्षेत्रीय कम्पनी द्वारा इस बात की पुष्टि कि गयी है जिसमे साफ़ हुआ है कि औसतन हर हफ्ते करीब 50 से ज्यादा लोग बिटकॉइन की ट्रेडिंग में शामिल हो रहे है।

पाकिस्तानी प्रीमियर पाक कॉइन और बिटकॉइन की ट्रेडिंग में धीरे धीरे उछाल आ रहा है। हालांकि पाकिस्तान में क्रिप्टो के व्यापार को सरकार की तरफ से स्वीकारा नहीं गया है लेकिंन निवेशक आर्थिक लाभ के लिए क्रिप्टो ट्रेडिंग की तरफ रूख बनाये हुए है।

बिटकॉइन  ट्रेडिंग को प्राथमिकता

पाकिस्तान एशियाई देशों में आर्थिक स्तर पर काफी नीचे देखा जाता रहा है। सरकार की लचर नीतियों की वजह से आर्थिक क्षेत्र में निवेशकों और व्यापारियों को अधिक गति नहीं मिल सकी और सरकार भी उनके उत्थान के लिए कोई ठोस कदम नहीं उठा पाई। लिहाज़ा निवेशकों ने खुद के निर्णय के साथ जाते हुए क्रिप्टो जगत की तरफ रूख किया क्यूंकि डिजिटल करेंसी में बिटकॉइन सबसे ऊपर है। इसे देखते हुए अधिकतर निवेशक बिटकॉइन की ट्रेडिंग को प्राथमिकता दे रहे है।

बिटकॉइन एक्सचेंज गाईड के अनुसार पाकिस्तान में महीने की औसत की बात करें तो करीब 200 लोग इस क्रिप्टो व्यापार से जुड़ रहे हैं। पाकिस्तान के क्रिप्टो पाक कॉइन की ट्रेडिंग में भी सुधार हुआ है। कॉइन से जुड़े एक अधिकारी अबू शाहीर का कहना है कि हाल हैं में जो चुनाव परिणाम आये हैं उसे देखने से लगता है कि नयी सरकार लोगों के आर्थिक हित के लिए ख़ास योजना पर काम करेगी। जबकि बिटकॉइन और अन्य डिजिटल करेंसी के भविष्य को लेकर निवेशकों को फायदा देने के प्रयास करेगी।

The post पाकिस्तान में भी जड़ जमा रहा बिटकॉइन appeared first on OWLT Market.

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क्रिप्टोकरेंसी पर टिकी सोशल क्लब की नज़रे लम्बे समय से ग्राहकों को आकर्षित करने में विफल रहने के बाद अपनी स्थिति को मज़बूत करने और स्थानीय रैंकिंग को सुधारने के लिए चीन की मुख्य सोशल वेबसाईट टीएनया क्लब ने क्रिप्टोकरेंसी का सहारा लेने का निर्णय लिया है। जल्दी ही क्लब की तरफ से खुद कि क्रिप्टोकरेंसी ग्राहकों के लिए उपलब्ध होगी। क्लब कि ओर से यह कदम अपने प्रतिद्वंदी बायडू को पछाड़ने के लिए उठाया गया है। क्यूंकि बायडू कि वजह से ही टीएनया की रैंकिंग में पिछले तीन सालों में भारी गिरावट दर्ज़ की गयी है जबकि ग्राहकों के विश्वास में भी कमी देखी गयी है। रेड्डिट आफ चायना गौरतलब है कि चीन में ऑनलाइन गेमिंग और अन्य ज़रूरी सुविधाओं के लिए ग्राहक सोशल क्लब को प्राथमिकता देते है। साथ ही क्रिप्टोकरेंसी के इस्तेमाल में भी रुचि दिखाते है। यही वजह है कि चीन विश्व में ऑनलाइन गेमिंग और वेबसाइट प्रदान करने के मामले में अन्य देशो से काफी आगे है। टीएनया क्लब कि बात करें तो यह पिछले 19 सालों से ग्राहकों को ब्लॉग, फोटो एल्बम, माइक्रो ब्लॉग आदि की सुविधाएं दे रहा है। इसी वजह से इसे रेड्डिट आफ चायना के नाम से भी जाना जाता है लेकिन पिछले कुछ सालों में इसके सदस्यों कि संख्या में गिरावट हुई जबकि बायडू इस क्लब से काफी आगे निकल गया। क्रिप्टोवेस्ट के अनुसार टीएनया क्लब की तरफ से कई महीनो तक रिसर्च करने के बाद खुद कि नयी क्रिप्टोकरेंसी लांच करने कि घोषणा की गयी है। इस रिसर्च में बाजार के मिजाज़ से लेकर यूजर्स के विचारों तक का सर्वेक्षण किया गया है। इस नयी करेंसी को टीवाइटी टोकन का नाम दिया गया है जिसे अगस्त 2018 में ग्राहकों के लिए उपलब्ध करा दिया जायेगा। शुरूआती चरण में कुल 90 मिलियन टोकन प्लेटफार्म पर ट्रेडिंग के लिए मुहैया कराये जाएंगे इनमें 20फीसदी आपरेटिंग टीम के लिए जबकि अन्य को ग्राहकों ओर निवेशकों के लिए निर्धारित किया गया है। The post क्रिप्टोकरेंसी पर टिकी सोशल क्लब की नज़रे appeared first on OWLT Market.

लम्बे समय से ग्राहकों को आकर्षित करने में विफल रहने के बाद अपनी स्थिति को मज़बूत करने और स्थानीय रैंकिंग को सुधारने के लिए चीन की मुख्य सोशल वेबसाईट टीएनया क्लब ने क्रिप्टोकरेंसी का सहारा लेने का निर्णय लिया है। जल्दी ही क्लब की तरफ से खुद कि क्रिप्टोकरेंसी ग्राहकों के लिए उपलब्ध होगी।

क्लब कि ओर से यह कदम अपने प्रतिद्वंदी बायडू को पछाड़ने के लिए उठाया गया है। क्यूंकि बायडू कि वजह से ही टीएनया की रैंकिंग में पिछले तीन सालों में भारी गिरावट दर्ज़ की गयी है जबकि ग्राहकों के विश्वास में भी कमी देखी गयी है।

रेड्डिट आफ चायना

गौरतलब है कि चीन में ऑनलाइन गेमिंग और अन्य ज़रूरी सुविधाओं के लिए ग्राहक सोशल क्लब को प्राथमिकता देते है। साथ ही क्रिप्टोकरेंसी के इस्तेमाल में भी रुचि दिखाते है। यही वजह है कि चीन विश्व में ऑनलाइन गेमिंग और वेबसाइट प्रदान करने के मामले में अन्य देशो से काफी आगे है। टीएनया क्लब कि बात करें तो यह पिछले 19 सालों से ग्राहकों को ब्लॉग, फोटो एल्बम, माइक्रो ब्लॉग आदि की सुविधाएं दे रहा है। इसी वजह से इसे रेड्डिट आफ चायना के नाम से भी जाना जाता है लेकिन पिछले कुछ सालों में इसके सदस्यों कि संख्या में गिरावट हुई जबकि बायडू इस क्लब से काफी आगे निकल गया।

क्रिप्टोवेस्ट के अनुसार टीएनया क्लब की तरफ से कई महीनो तक रिसर्च करने के बाद खुद कि नयी क्रिप्टोकरेंसी लांच करने कि घोषणा की गयी है। इस रिसर्च में बाजार के मिजाज़ से लेकर यूजर्स के विचारों तक का सर्वेक्षण किया गया है। इस नयी करेंसी को टीवाइटी टोकन का नाम दिया गया है जिसे अगस्त 2018 में ग्राहकों के लिए उपलब्ध करा दिया जायेगा। शुरूआती चरण में कुल 90 मिलियन टोकन प्लेटफार्म पर ट्रेडिंग के लिए मुहैया कराये जाएंगे इनमें 20फीसदी आपरेटिंग टीम के लिए जबकि अन्य को ग्राहकों ओर निवेशकों के लिए निर्धारित किया गया है।

The post क्रिप्टोकरेंसी पर टिकी सोशल क्लब की नज़रे appeared first on OWLT Market.

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Blockchain Technology Creates Value of $5 billion In The Next 5 Years By increasing productivity and decreasing cost, Blockchain technology has currently stated that it has the potential to create the value of up to $5 billion in India in the next 5 years. Based on the spread storage of data, Blockchain technology can improve the speed of communications while increasing clearness. It is extensively recognized as having the challenge to transform numerous sectors of the economy, including banking, financial services, and insurance (BFSI) industry, travel, retail, healthcare, and supply chain. According to KS Viswanathan, Vice President (Industry Initiative), Nasscom the Blockchain ecology is developing in many countries; they are generating consciousness on how this technology is greener and calmer to use with the current social media and Cloud technology which can go a long way in helping the country realize its impending. The main factors, holding back the extensive placement of this tehnology in India are the absence of consciousness, inaccessibility of passable skilled persons and inadequate computing infrastructure. Viswanathan further adds that there are only 50 good Blockchain startups in the country, adding that one way to increase investment in Blockchain is to invest in new companies. To generate responsiveness on the prominence of the technology and develop skill sets for Blockchain adoption and deployment in India, Nasscom in February tied up with Blockchain Research Institute (BRI), Canada. Both the entities agreed to cooperate on numerous activities, such as joint webinars and knowledge sharing. The industry body earlier this month launched a platform, called FutureSkills, for skills development in eight varied technologies such as Artificial Intelligence (AI), Virtual Reality (VR), robotic process automation, Internet of Things (IoT), Big Data analytics, 3D printing, Cloud computing, social and mobile. According to the news published in Financial Express, yet not a suitable thing for India to think about a supervisory outline specifically for Blockchain as it can come under the domain of guidelines on data security and privacy The post Blockchain Technology Creates Value of $5 billion In The Next 5 Years appeared first on OWLT Market.

By increasing productivity and decreasing cost, Blockchain technology has currently stated that it has the potential to create the value of up to $5 billion in India in the next 5 years.

Based on the spread storage of data, Blockchain technology can improve the speed of communications while increasing clearness. It is extensively recognized as having the challenge to transform numerous sectors of the economy, including banking, financial services, and insurance (BFSI) industry, travel, retail, healthcare, and supply chain.

According to KS Viswanathan, Vice President (Industry Initiative), Nasscom the Blockchain ecology is developing in many countries; they are generating consciousness on how this technology is greener and calmer to use with the current social media and Cloud technology which can go a long way in helping the country realize its impending.

The main factors, holding back the extensive placement of this tehnology in India are the absence of consciousness, inaccessibility of passable skilled persons and inadequate computing infrastructure.

Viswanathan further adds that there are only 50 good Blockchain startups in the country, adding that one way to increase investment in Blockchain is to invest in new companies.

To generate responsiveness on the prominence of the technology and develop skill sets for Blockchain adoption and deployment in India, Nasscom in February tied up with Blockchain Research Institute (BRI), Canada. Both the entities agreed to cooperate on numerous activities, such as joint webinars and knowledge sharing.

The industry body earlier this month launched a platform, called FutureSkills, for skills development in eight varied technologies such as Artificial Intelligence (AI), Virtual Reality (VR), robotic process automation, Internet of Things (IoT), Big Data analytics, 3D printing, Cloud computing, social and mobile.

According to the news published in Financial Express, yet not a suitable thing for India to think about a supervisory outline specifically for Blockchain as it can come under the domain of guidelines on data security and privacy

The post Blockchain Technology Creates Value of $5 billion In The Next 5 Years appeared first on OWLT Market.

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Franklin Templeton Mutual Fund Launches New Equity Savings Scheme Franklin Templeton Mutual Fund has launched a new open ended equity, arbitrage and debt scheme called Franklin India Equity Savings Fund. The NFO (New Fund Offer) opens for subscription from August 03, 2018 and closes subscription on August 17, 2018. The investment objective of the new Equity Savings scheme is to generate long-term capital appreciation by investing in equity and equity related instruments. The Scheme also aims to generate income by investing in fixed income securities, and in arbitrage and other derivative Strategies. The minimum application amount of the Franklin India Equity Savings Fund scheme is 5,000 Rupees for the initial investment and in multiples of one Rupee thereafter. The minimum additional amount is 1000 Rupees and in multiples of one Rupee thereafter. The new Equity Savings scheme of Franklin Templeton Mutual Fund offers both Regular and Direct Plans with Dividend and Growth options. The Dividend option has dividend re-investment and Payout options. The performance of the Franklin India Equity Savings Fund will be benchmarked against Nifty Equity Savings Index. The Fund Managers of the scheme are Lakshmikanth Reddy for Equity Portion, and Sachin Padwal-Desai and Umesh Sharma for Debt Portion. Srikesh Nair will be the Dedicated Fund Manager for Overseas Investments. The new fund will invest 65 percent to 90 percent of assets in equity & equity related securities, of which 15 percent to 65 percent of assets in equity derivatives with high risk profile and up to 75 percent of assets in equity derivatives with medium risk profile. The scheme will invest 10 percent to 35 percent of asset in debt and money market securities including cash and cash equivalent with low to medium risk profile. It will further invest up to 10 percent asset in Units issued by REITs and InvITs with medium to high risk profile. The new scheme of the Franklin Templeton Mutual Fund aims to collect a minimum subscription amount of 10 crore Rupees under the scheme during the New Fund Offer period, according to IIFL. The post Franklin Templeton Mutual Fund Launches New Equity Savings Scheme appeared first on OWLT Market.

Franklin Templeton Mutual Fund has launched a new open ended equity, arbitrage and debt scheme called Franklin India Equity Savings Fund. The NFO (New Fund Offer) opens for subscription from August 03, 2018 and closes subscription on August 17, 2018.

The investment objective of the new Equity Savings scheme is to generate long-term capital appreciation by investing in equity and equity related instruments. The Scheme also aims to generate income by investing in fixed income securities, and in arbitrage and other derivative Strategies.

The minimum application amount of the Franklin India Equity Savings Fund scheme is 5,000 Rupees for the initial investment and in multiples of one Rupee thereafter. The minimum additional amount is 1000 Rupees and in multiples of one Rupee thereafter.

The new Equity Savings scheme of Franklin Templeton Mutual Fund offers both Regular and Direct Plans with Dividend and Growth options. The Dividend option has dividend re-investment and Payout options.

The performance of the Franklin India Equity Savings Fund will be benchmarked against Nifty Equity Savings Index.

The Fund Managers of the scheme are Lakshmikanth Reddy for Equity Portion, and Sachin Padwal-Desai and Umesh Sharma for Debt Portion. Srikesh Nair will be the Dedicated Fund Manager for Overseas Investments.

The new fund will invest 65 percent to 90 percent of assets in equity & equity related securities, of which 15 percent to 65 percent of assets in equity derivatives with high risk profile and up to 75 percent of assets in equity derivatives with medium risk profile.

The scheme will invest 10 percent to 35 percent of asset in debt and money market securities including cash and cash equivalent with low to medium risk profile.

It will further invest up to 10 percent asset in Units issued by REITs and InvITs with medium to high risk profile.

The new scheme of the Franklin Templeton Mutual Fund aims to collect a minimum subscription amount of 10 crore Rupees under the scheme during the New Fund Offer period, according to IIFL.

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यूरोपियन को खूब भा रही क्रिप्टोकरेंसी यूरोपियन समुदाय को क्रिप्टोकरेंसी खूब भा रही है यहाँ क्रिप्टो के बाजार में तेज़ी आयी है। साथ ही निवेशकों ने क्रिप्टोकरेंसी के इस्तेमाल और व्यापार को गति देने के लिए बड़ी संख्या में निवेश कर रहे है। बाजार के जानकारों का मानना है कि क्षेत्र में अधिकतर विभागों ओर सुविधाओं में फिएट मनी के स्थान पर क्रिप्टो के इस्तेमाल को अधिक तवज़्ज़ो दी जा रही है। जो कि यूरोपीय देशों कि आर्थिक स्थिति को मज़बूत करने का काम कर रही है। फिएट मनी के स्थान पर क्रिप्टो हाल ही में यूरोपियन संसद ने वित्त मंत्रालय ओर सम्बंधित विभागों से जानकारी मांगी थी जिसमें उम्मीद जताई गयी है कि फिएट मनी के स्थान पर क्रिप्टोकरेंसी के इस्तेमाल को लेकर कंपनियां ओर निवेशक काफी सहज महसूस कर रहे है। ऑनलाइन पेमेंट में क्रिप्टो पर अधिक भरोसा दिखाया जा रहा है। स्पेन ओर यूके में भी ब्लॉकचेन ओर क्रिप्टो को लेकर नयी रणनीति तैयार करवाई जा रही है। ब्लॉकचेन प्रणाली की मदद से पेमेंट प्रक्रिया को काफी सुरक्षित माना जा रहा है। यही वजह है कि संसद कि तरफ से क्रिप्टोकरेंसी ट्रेडिंग से लेकर ब्लॉकचेन प्रणाली के व्यापक प्रसार पर ध्यान दिया जा रहा है। क्रिप्टो स्लेट के मुताबिक क्रिप्टोकरेंसी को किस तरह से फिएट मनी के स्थान पर व्यवस्थित किया जाए इसके क्या परिणाम होंगे, यह किस हद तक सफल होगा, ओर लोग इसे कितना सुविधाजनक मानेंगे। इन सभी बिंदुओं पर मंत्रालय कि ओर से आंकड़े इक्कट्ठा करने का काम किया जा रहा है। हालांकि डिजिटल बैंकिंग स्टॉक एक्सचेंज ओर एविएशन में पहले से ही क्रिप्टोकरेंसी को स्वीकार किया जा रहा है। अब इसके प्रसार को अन्य विभागों ओर कार्यक्षेत्रों में सफल बनाने कि भी पुरज़ोर कोशिश की जा रही है। वहीँ दूसरी ओर अंतर्राष्ट्रीय स्तर पर देखा जाए तो यह यूरोपियन समूह के लिए काफी महत्वपूर्ण माना जा रहा है ताकि व्यापार में अंतर्राष्ट्रीय निवेशकों कि संख्या में बढोत्तरी की जा सके। The post यूरोपियन को खूब भा रही क्रिप्टोकरेंसी appeared first on OWLT Market.

यूरोपियन समुदाय को क्रिप्टोकरेंसी खूब भा रही है यहाँ क्रिप्टो के बाजार में तेज़ी आयी है। साथ ही निवेशकों ने क्रिप्टोकरेंसी के इस्तेमाल और व्यापार को गति देने के लिए बड़ी संख्या में निवेश कर रहे है। बाजार के जानकारों का मानना है कि क्षेत्र में अधिकतर विभागों ओर सुविधाओं में फिएट मनी के स्थान पर क्रिप्टो के इस्तेमाल को अधिक तवज़्ज़ो दी जा रही है। जो कि यूरोपीय देशों कि आर्थिक स्थिति को मज़बूत करने का काम कर रही है।

फिएट मनी के स्थान पर क्रिप्टो

हाल ही में यूरोपियन संसद ने वित्त मंत्रालय ओर सम्बंधित विभागों से जानकारी मांगी थी जिसमें उम्मीद जताई गयी है कि फिएट मनी के स्थान पर क्रिप्टोकरेंसी के इस्तेमाल को लेकर कंपनियां ओर निवेशक काफी सहज महसूस कर रहे है। ऑनलाइन पेमेंट में क्रिप्टो पर अधिक भरोसा दिखाया जा रहा है।

स्पेन ओर यूके में भी ब्लॉकचेन ओर क्रिप्टो को लेकर नयी रणनीति तैयार करवाई जा रही है। ब्लॉकचेन प्रणाली की मदद से पेमेंट प्रक्रिया को काफी सुरक्षित माना जा रहा है। यही वजह है कि संसद कि तरफ से क्रिप्टोकरेंसी ट्रेडिंग से लेकर ब्लॉकचेन प्रणाली के व्यापक प्रसार पर ध्यान दिया जा रहा है।

क्रिप्टो स्लेट के मुताबिक क्रिप्टोकरेंसी को किस तरह से फिएट मनी के स्थान पर व्यवस्थित किया जाए इसके क्या परिणाम होंगे, यह किस हद तक सफल होगा, ओर लोग इसे कितना सुविधाजनक मानेंगे। इन सभी बिंदुओं पर मंत्रालय कि ओर से आंकड़े इक्कट्ठा करने का काम किया जा रहा है। हालांकि डिजिटल बैंकिंग स्टॉक एक्सचेंज ओर एविएशन में पहले से ही क्रिप्टोकरेंसी को स्वीकार किया जा रहा है।

अब इसके प्रसार को अन्य विभागों ओर कार्यक्षेत्रों में सफल बनाने कि भी पुरज़ोर कोशिश की जा रही है। वहीँ दूसरी ओर अंतर्राष्ट्रीय स्तर पर देखा जाए तो यह यूरोपियन समूह के लिए काफी महत्वपूर्ण माना जा रहा है ताकि व्यापार में अंतर्राष्ट्रीय निवेशकों कि संख्या में बढोत्तरी की जा सके।

 

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CME Isn’t Adding Altcoin Futures Contracts Soon, CEO Terry Duffy Terry Duffy, CEO of the Chicago Mercantile Exchange (CME), revealed that the exchange platform isn’t going to add Altcoin futures contracts anytime soon. He stated that the exchange is presently taking a “wait and see” approach on the same. The CME is one of the world’s largest crypto exchanges. Terry Duffy during an interview said that Bitcoin futures contracts have been the most controversial launch of a product that he has seen in his four decades spent in the crypto trading business. He added that he does not believe in simply putting products up there to see where they would go. Instead, he said he would like to adopt a wait and see approach with Bitcoin as of now. Shortly after its rival, the Chicago Board Options Exchange (CBOE) listed Bitcoin futures contracts, the CME too introduced the product on its platform. CME’s futures contracts are five times larger than those that CBOE trades in. As reported in the CryptoGlobe, the average trading volume of CME’s Bitcoin futures grew by around 93 percent over the previous quarter. With the rate of open interest (OI), the number of open contracts has been growing by around 58 percent to exceed by 2,400 in this quarter. However, Duffy doesn’t seem to be affected by the trading volume as his words seemed to indicate that he is betting on Bitcoin futures for the long-run. He also revealed that he does not want derivatives novices to trade BTC futures since they are new and highly volatile. The CBOE, on the other hand, hinted that it is looking forward to expanding its cryptocurrency futures offering. This potentially means that Altcoin futures contracts are coming. CBOE and CME are both among the biggest crypto exchanges in the world. However, they are not the only ones offering cryptocurrency futures contracts. It is worth noting that Bitcoin’s price dipped from an all-time high of $20,000 when both CBOE and CME listed BTC futures. The post CME Isn’t Adding Altcoin Futures Contracts Soon, CEO Terry Duffy appeared first on OWLT Market.

Terry Duffy, CEO of the Chicago Mercantile Exchange (CME), revealed that the exchange platform isn’t going to add Altcoin futures contracts anytime soon. He stated that the exchange is presently taking a “wait and see” approach on the same. The CME is one of the world’s largest crypto exchanges.

Terry Duffy during an interview said that Bitcoin futures contracts have been the most controversial launch of a product that he has seen in his four decades spent in the crypto trading business. He added that he does not believe in simply putting products up there to see where they would go. Instead, he said he would like to adopt a wait and see approach with Bitcoin as of now.

Shortly after its rival, the Chicago Board Options Exchange (CBOE) listed Bitcoin futures contracts, the CME too introduced the product on its platform. CME’s futures contracts are five times larger than those that CBOE trades in.

As reported in the CryptoGlobe, the average trading volume of CME’s Bitcoin futures grew by around 93 percent over the previous quarter. With the rate of open interest (OI), the number of open contracts has been growing by around 58 percent to exceed by 2,400 in this quarter.

However, Duffy doesn’t seem to be affected by the trading volume as his words seemed to indicate that he is betting on Bitcoin futures for the long-run. He also revealed that he does not want derivatives novices to trade BTC futures since they are new and highly volatile. The CBOE, on the other hand, hinted that it is looking forward to expanding its cryptocurrency futures offering. This potentially means that Altcoin futures contracts are coming.

CBOE and CME are both among the biggest crypto exchanges in the world. However, they are not the only ones offering cryptocurrency futures contracts. It is worth noting that Bitcoin’s price dipped from an all-time high of $20,000 when both CBOE and CME listed BTC futures.

The post CME Isn’t Adding Altcoin Futures Contracts Soon, CEO Terry Duffy appeared first on OWLT Market.

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Google Play Store Bans Non-Cloud-Based Cryptocurrency Mining Apps In its latest move against cryptocurrencies, Google Play Store bans non-cloud based cryptocurrency mining apps. However, Google indicated that it will continue to allow mining apps that mine for virtual currency from outside of a device, cloud-based mining, for instance. Recently, Google updated its developer policies for its Play Store in a move to prohibit several categories of apps. It is done with the intention of targeting cryptocurrency mining apps. Google now states that under its category of “Financial Instruments” it no longer allows apps that mine virtual currencies on devices. As per its new policy, it also prohibits apps that appeal to kids but contain adult themes. Apart from this it has prohibited apps that facilitate the sale of firearms, ammunition, explosives, or certain firearms accessories. Google has also banned apps that are created with the help of an automated tool, wizard service or template based apps that are submitted to Google Play by the operator of that service on behalf of others. It has also banned multiple apps with similar user experience and content. Google Cracks Down on Cryptocurrencies With its growing hostility towards cryptocurrencies that has been brewing since quite some time, Google announced its intention to ban crypto mining extensions from its Chrome Web Store in April this year. This was done in order to offer protection from extension crypto jacking to its users. Google’s platform product manager, James Wagner posted that existing extensions that mine cryptocurrency will be delisted from the Chrome Web Store towards the end of June. He further added that around 90 percent of all extensions with mining scripts that the developers attempted to upload to Chrome Web Store were not in compliance with Google’s policies. Thus they were all either rejected or removed from the store. As reported in the Bitcoin News, Google also announced in March this year that it would launch a crackdown on all advertising content pertaining to cryptocurrencies and related content. The post Google Play Store Bans Non-Cloud-Based Cryptocurrency Mining Apps appeared first on OWLT Market.

In its latest move against cryptocurrencies, Google Play Store bans non-cloud based cryptocurrency mining apps. However, Google indicated that it will continue to allow mining apps that mine for virtual currency from outside of a device, cloud-based mining, for instance.

Recently, Google updated its developer policies for its Play Store in a move to prohibit several categories of apps. It is done with the intention of targeting cryptocurrency mining apps.

Google now states that under its category of “Financial Instruments” it no longer allows apps that mine virtual currencies on devices. As per its new policy, it also prohibits apps that appeal to kids but contain adult themes. Apart from this it has prohibited apps that facilitate the sale of firearms, ammunition, explosives, or certain firearms accessories.

Google has also banned apps that are created with the help of an automated tool, wizard service or template based apps that are submitted to Google Play by the operator of that service on behalf of others. It has also banned multiple apps with similar user experience and content.

Google Cracks Down on Cryptocurrencies

With its growing hostility towards cryptocurrencies that has been brewing since quite some time, Google announced its intention to ban crypto mining extensions from its Chrome Web Store in April this year. This was done in order to offer protection from extension crypto jacking to its users.

Google’s platform product manager, James Wagner posted that existing extensions that mine cryptocurrency will be delisted from the Chrome Web Store towards the end of June. He further added that around 90 percent of all extensions with mining scripts that the developers attempted to upload to Chrome Web Store were not in compliance with Google’s policies. Thus they were all either rejected or removed from the store.

As reported in the Bitcoin News, Google also announced in March this year that it would launch a crackdown on all advertising content pertaining to cryptocurrencies and related content.

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Get Ready To Study ICO Analysis and Crypto At LSE LES or London School of Economics has not stated that it would provide an in-depth course for those who want to know more about ICO Analysis and cryptocurrency. It is interesting when it comes to cryptocurrency and ICO–but when it comes to learning, the overall learning curve is very steep and difficult–this is the reason why most of the professionals leave the learning part in the middle. Till today, there’s not distinctive database or course provided by a reputed institute through which one can learn more about investments in ICO. Many potential investors and traders were staying away from crypto investments because they never knew where to start learning the minute art of trade. With the help of this new online course from London School of Economics or LSE, people can now use a distinctive guide which can let them secure in-depth knowledge of the trade. It will make them more educated, and provide them a detail understand of where they want to invest their money. This would be a one of a kind course which can provide a lot of information about ICO Analysis to the learner. It would make sure that all the learners are aware of the different cryptocurrencies which are there in the market and what exactly do they work. According to a report published in ICOexaminer, the course would be named as Cryptocurrency Investment and Disruption and its first batch will commence from 22nd of August. The duration of the course will be of six weeks and it would ensure that a learner will come out as an expert in the field of cryptocurrency. The expected workload from the course will be about 7-10 hours every week and it would be cost users around £1800. This course is one of the most unique ways in which one can learn about the ICO Analysis and investments in the crypto world. The post Get Ready To Study ICO Analysis and Crypto At LSE appeared first on OWLT Market.

LES or London School of Economics has not stated that it would provide an in-depth course for those who want to know more about ICO Analysis and cryptocurrency.

It is interesting when it comes to cryptocurrency and ICO–but when it comes to learning, the overall learning curve is very steep and difficult–this is the reason why most of the professionals leave the learning part in the middle.

Till today, there’s not distinctive database or course provided by a reputed institute through which one can learn more about investments in ICO. Many potential investors and traders were staying away from crypto investments because they never knew where to start learning the minute art of trade. With the help of this new online course from London School of Economics or LSE, people can now use a distinctive guide which can let them secure in-depth knowledge of the trade. It will make them more educated, and provide them a detail understand of where they want to invest their money.

This would be a one of a kind course which can provide a lot of information about ICO Analysis to the learner. It would make sure that all the learners are aware of the different cryptocurrencies which are there in the market and what exactly do they work.

According to a report published in ICOexaminer, the course would be named as Cryptocurrency Investment and Disruption and its first batch will commence from 22nd of August. The duration of the course will be of six weeks and it would ensure that a learner will come out as an expert in the field of cryptocurrency. The expected workload from the course will be about 7-10 hours every week and it would be cost users around £1800. This course is one of the most unique ways in which one can learn about the ICO Analysis and investments in the crypto world.

The post Get Ready To Study ICO Analysis and Crypto At LSE appeared first on OWLT Market.

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SBI Mutual Fund Unveils New Close Ended Debt Scheme SBI Mutual Fund has launched a new close ended debt scheme called SBI Debt Fund Series C – 22. The NFO (New Fund Offer) period of the close-ended debt scheme is from August 02, 2018 to August 16, 2018. The SBI Debt Fund Series C – 22 scheme’s objective is to generate regular income and capital growth with limited interest rate risk to the investors, by investing in a portfolio debt instruments like Government Securities, PSU and Corporate Bonds, and Money Market securities, maturing on or before the maturity of the plan. The minimum application amount of the SBI Debt Fund Series C – 22 scheme is 5,000 Rupees and in multiples of one Rupee thereafter. The scheme has no entry load and exit load charges. The NFO price for the new close ended debt scheme is 10 Rupees per unit. The maturity period of the new SBI Debt Fund Series C scheme is 1100 days from the date of allotment. The Plans available with the new close ended debt scheme of the SBI Mutual Fund are Regular Plan and Direct Plan. Both the Plans offer the Growth Option and Dividend Option. The SBI Debt Fund Series C – 22 scheme comes under the Benchmark Index – Crisil Short-Term Bond Fund Index. The scheme will invest about 60 percent to 100 percent of assets in debt instruments, and will invest up to 40 percent of assets in money market instruments with low to medium risk profile, reported KJMC. The Fund Manager of the new close ended debt scheme is Ms. Ranjana Gupta. She joined at SBI Funds Management Private Limited in the year 2008, as the Fixed Income Dealer. She has over 21 years of experience in capital market field, according to The Economic Times. From May 1995 to February 2008, Ms. Gupta of SBI Mutual Fund worked at Twentyfirst Century Shares and Securities Ltd. Prior to that, she worked as a dealer with OTCEI, in 1995. She has done a degree in Commerce. The post SBI Mutual Fund Unveils New Close Ended Debt Scheme appeared first on OWLT Market.

SBI Mutual Fund has launched a new close ended debt scheme called SBI Debt Fund Series C – 22. The NFO (New Fund Offer) period of the close-ended debt scheme is from August 02, 2018 to August 16, 2018.

The SBI Debt Fund Series C – 22 scheme’s objective is to generate regular income and capital growth with limited interest rate risk to the investors, by investing in a portfolio debt instruments like Government Securities, PSU and Corporate Bonds, and Money Market securities, maturing on or before the maturity of the plan.

The minimum application amount of the SBI Debt Fund Series C – 22 scheme is 5,000 Rupees and in multiples of one Rupee thereafter. The scheme has no entry load and exit load charges. The NFO price for the new close ended debt scheme is 10 Rupees per unit.

The maturity period of the new SBI Debt Fund Series C scheme is 1100 days from the date of allotment. The Plans available with the new close ended debt scheme of the SBI Mutual Fund are Regular Plan and Direct Plan. Both the Plans offer the Growth Option and Dividend Option.

The SBI Debt Fund Series C – 22 scheme comes under the Benchmark Index – Crisil Short-Term Bond Fund Index.

The scheme will invest about 60 percent to 100 percent of assets in debt instruments, and will invest up to 40 percent of assets in money market instruments with low to medium risk profile, reported KJMC.

The Fund Manager of the new close ended debt scheme is Ms. Ranjana Gupta. She joined at SBI Funds Management Private Limited in the year 2008, as the Fixed Income Dealer.  She has over 21 years of experience in capital market field, according to The Economic Times.

From May 1995 to February 2008, Ms. Gupta of SBI Mutual Fund worked at Twentyfirst Century Shares and Securities Ltd. Prior to that, she worked as a dealer with OTCEI, in 1995. She has done a degree in Commerce.

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Here’s What We Know So Far About ProtonMail’s ICO Privacy-focused encrypted email service ProtonMail is considered to launch an ICO within the year. ProtonMail, a standout amongst the most noticeable end-to-end encoded email providers, dropped clues in order to take a shot at an underlying coin offering (ICO). The email provider was established by three researchers at CERN, one of the yearning ventures in mankind’s history, increased broad help to the digital currency network. The individuals have been pulled into the administration because of its help for Bitcoin and encoded messages. ProtonMail’s potential token deal isn’t the organization’s first invasion into digital currency. The organization formally declared that it would acknowledge Bitcoin (BTC) as an installment technique in August 2017. Clarification To Rumours About ProtonMail Andy Yen, a ProtonMail CEO, clarified that ProtonMail will not be running an ICO anytime soon for the time being. It is not going to issue its own cryptocurrency for now. “There have been some recent reports online about a ProtonMail ICO; these are unsubstantiated rumors at this time, and we have made no announcements on this topic”, Andy Yen told Hard Fork in an email. Many rumors are being circulated after users noticed that ProtonMail has an open application for the developers of blockchain of its website. The speculation cycle intensified after users discovered that ProtonMail holds ProtonCoin.com, a domain name. The company is hoarding hundreds of domain names to diminish the possible phishing attack vectors. Andy Yen stated that the existence of a site should not have taken to signify an immediate intention to launch products. Furthermore, it indicates that all are using the trademark and considers that to be protected Intellectual Property (IP). Besides, it came to know that ProtonMail is not thoroughly excluding the possible blockchain use cases for its products. “We do believe that there are ways in which blockchain can be leveraged to improve email security, and we are actively engaged in research in this area, however, it could be years before such research comes to fruition and becomes integrated into ProtonMail, and it is premature to make statements about this at this time”, Yen shared with Hard Fork. Many people doubt that ICO running could turn ProtonMail into another startup that is determined to cash in on the blockchain fever, as reported by Hard Fork. otonMail The post Here’s What We Know So Far About ProtonMail’s ICO appeared first on OWLT Market.

Privacy-focused encrypted email service ProtonMail is considered to launch an ICO within the year. ProtonMail, a standout amongst the most noticeable end-to-end encoded email providers, dropped clues in order to take a shot at an underlying coin offering (ICO).

The email provider was established by three researchers at CERN, one of the yearning ventures in mankind’s history, increased broad help to the digital currency network. The individuals have been pulled into the administration because of its help for Bitcoin and encoded messages.

ProtonMail’s potential token deal isn’t the organization’s first invasion into digital currency. The organization formally declared that it would acknowledge Bitcoin (BTC) as an installment technique in August 2017.

Clarification To Rumours About ProtonMail

Andy Yen, a ProtonMail CEO, clarified that ProtonMail will not be running an ICO anytime soon for the time being. It is not going to issue its own cryptocurrency for now.

“There have been some recent reports online about a ProtonMail ICO; these are unsubstantiated rumors at this time, and we have made no announcements on this topic”, Andy Yen told Hard Fork in an email.

Many rumors are being circulated after users noticed that ProtonMail has an open application for the developers of blockchain of its website. The speculation cycle intensified after users discovered that ProtonMail holds ProtonCoin.com, a domain name. The company is hoarding hundreds of domain names to diminish the possible phishing attack vectors.

Andy Yen stated that the existence of a site should not have taken to signify an immediate intention to launch products. Furthermore, it indicates that all are using the trademark and considers that to be protected Intellectual Property (IP).

Besides, it came to know that ProtonMail is not thoroughly excluding the possible blockchain use cases for its products.

“We do believe that there are ways in which blockchain can be leveraged to improve email security, and we are actively engaged in research in this area, however, it could be years before such research comes to fruition and becomes integrated into ProtonMail, and it is premature to make statements about this at this time”, Yen shared with Hard Fork.

Many people doubt that ICO running could turn ProtonMail into another startup that is determined to cash in on the blockchain fever, as reported by Hard Fork.

otonMail

The post Here’s What We Know So Far About ProtonMail’s ICO appeared first on OWLT Market.

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Telegram Launches Unified Personal Authorization Service For ICO Verification Telegram, one of the most popular messaging services, launched their crypto oriented feature–the new service will be called as TelegramPassport and used for the purpose of authorization of the personal identification. This would be as same as KYC for ICO which can be used for verification of profile. The company has named this KYC as Passport and states that it would make the whole system a secure and safe. In this Passport, documents would be secured with the help of end-to-end encryption and the service will be provided by a decentralized cloud network. Pavel Durov, a founder of Telegram, states that this is something which he always wanted to provide to his huge base of crypto users. The company begins a much-preferred network for the purpose of token sale. It relies heavily on its crypto community for a day to day activities. This makes the Passport service a vital clog in the wheel to make the whole system more secure. With the help of Passport, the company promises to provide verification service which would be an attempt by the company to ensure that the frauds are controlled. This service is also considered as an initiative in Telegram’s plan to launch its own blockchain service. They have already stated its desire to integrate its token into the messaging platform. According to a report published in Bitcoin News, Company stated that it would be integrating into the epayment.com services with the help of Passport users which can run a trial verification system. A telegram has also launched a demo page with the help of users which can see how the Passport will work in real life. To make the process easy, convenient and future-proof, Telegram plans to keep on adding tweaks in the system. The present verification options will consist of a driver’s license, passport, selfie, and bank statement. The post Telegram Launches Unified Personal Authorization Service For ICO Verification appeared first on OWLT Market.

Telegram, one of the most popular messaging services, launched their crypto oriented feature–the new service will be called as TelegramPassport and used for the purpose of authorization of the personal identification.

This would be as same as KYC for ICO which can be used for verification of profile. The company has named this KYC as Passport and states that it would make the whole system a secure and safe. In this Passport, documents would be secured with the help of end-to-end encryption and the service will be provided by a decentralized cloud network.

Pavel Durov, a founder of Telegram, states that this is something which he always wanted to provide to his huge base of crypto users. The company begins a much-preferred network for the purpose of token sale. It relies heavily on its crypto community for a day to day activities. This makes the Passport service a vital clog in the wheel to make the whole system more secure.

With the help of Passport, the company promises to provide verification service which would be an attempt by the company to ensure that the frauds are controlled. This service is also considered as an initiative in Telegram’s plan to launch its own blockchain service. They have already stated its desire to integrate its token into the messaging platform.

According to a report published in Bitcoin News, Company stated that it would be integrating into the epayment.com services with the help of Passport users which can run a trial verification system. A telegram has also launched a demo page with the help of users which can see how the Passport will work in real life. To make the process easy, convenient and future-proof, Telegram plans to keep on adding tweaks in the system. The present verification options will consist of a driver’s license, passport, selfie, and bank statement.

 

The post Telegram Launches Unified Personal Authorization Service For ICO Verification appeared first on OWLT Market.

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हॉलीवुड सितारों को नहीं क्रिप्टो से परहेज़ हॉलीवुड सितारे क्रिप्टो को काफी पसंद कर रहे है वे न सिर्फ क्रिप्टो के प्रमोशन में बढ़ चढ़ कर हिस्सा ले रहे है बल्कि क्रिप्टोकरेंसी के व्यापार में भी निवेश करने से पीछे नहीं हैं। सितारों की इसी सोच ने क्रिप्टो व्यापारियों को भी उत्साहित किया है। एक सर्वेक्षण में ये भी सामने आया है क्रिप्टोकरेंसी में रुचि दिखानें और ट्रेडिंग में शामिल होने के बाद से सितारों कि मांग के साथ साथ क्रिप्टो व्यापार में भी 12 से 17 फीसदी तक का इज़ाफ़ा हुआ है। क्रिप्टो ओर ब्लॉकचेन प्रणाली को लेकर हालांकि सितारों की अलग अलग राय है लेकिन फिर भी वो प्रत्यक्ष या अप्रत्यक्ष रूप से क्रिप्टो जगत से जुड़ने में किसी तरह का परहेज़ नहीं कर रहे है। सोशल साईट्स से शुरुआत क्रिप्टो के प्रति विश्वास दिखाते हुए सोशल साईट्स से शुरुआत होती रही है। इसके लिए ट्विटर, फेसबुक ओर इंस्टाग्राम जैसे प्लेटफार्म का बखूबी इस्तेमाल किया जाता है। चूँकि प्रशंसक इन साईट्स पर एक्टिव रहते है इस लिहाज़ से यहाँ प्रमोशन करना काफी प्रभावी रहता है। केटी पैरी, स्नूप डॉग ओर एस्टन कचर ऐसे ही नाम है जो कि इन प्लेटफार्म के माध्यम से क्रिप्टो ओर ब्लॉकचेन के प्रमोशन में खासे सक्रीय है। बिटकॉइन एक्सचेंज गाइड के अनुसार वर्ष 2013 से हॉलीवुड सितारे क्रिप्टो के प्रति अपना आकर्षण दिखा रहे है। सबसे पहले स्नूप डॉग ने अपनी म्यूजिक एल्बम को क्रिप्टोकरेंसी के ज़रिय खरीदे जाने का ऑफर अपने प्रशंसको को दिया था। इसके बाद पिछले साल से एस्टन केचर ऐथेरियम के प्रोमोशन को लेकर चर्चा में आये। वहीँ प्रसिद्ध पॉप गायक कैटी पैरी अप्रत्यक्ष रूप से क्रिप्टो बाजार से जुडी रही हैं। क्रिप्टो विशेषज्ञों का मानना है कि बाजार को मज़बूती देने ओर व्यापार में वृद्धि करने में इन सितारों की भूमिका को काफी महत्वपूर्ण आँका गया है। वजह है कि हॉलीवुड के साथ साथ अब खेल ओर मनोरंजन जगत के लोग भी क्रिप्टो करेंसी के प्रति भरोसा दिखा रहे है। The post हॉलीवुड सितारों को नहीं क्रिप्टो से परहेज़ appeared first on OWLT Market.

हॉलीवुड सितारे क्रिप्टो को काफी पसंद कर रहे है वे न सिर्फ क्रिप्टो के प्रमोशन में बढ़ चढ़ कर हिस्सा ले रहे है बल्कि क्रिप्टोकरेंसी के व्यापार में भी निवेश करने से पीछे नहीं हैं। सितारों की इसी सोच ने क्रिप्टो व्यापारियों को भी उत्साहित किया है।

एक सर्वेक्षण में ये भी सामने आया है क्रिप्टोकरेंसी में रुचि दिखानें और ट्रेडिंग में शामिल होने के बाद से सितारों कि मांग के साथ साथ क्रिप्टो व्यापार में भी 12 से 17 फीसदी तक का इज़ाफ़ा हुआ है। क्रिप्टो ओर ब्लॉकचेन प्रणाली को लेकर हालांकि सितारों की अलग अलग राय है लेकिन फिर भी वो प्रत्यक्ष या अप्रत्यक्ष रूप से क्रिप्टो जगत से जुड़ने में किसी तरह का परहेज़ नहीं कर रहे है।

सोशल साईट्स से शुरुआत

क्रिप्टो के प्रति विश्वास दिखाते हुए सोशल साईट्स से शुरुआत होती रही है। इसके लिए ट्विटर, फेसबुक ओर इंस्टाग्राम जैसे प्लेटफार्म का बखूबी इस्तेमाल किया जाता है। चूँकि प्रशंसक इन साईट्स पर एक्टिव रहते है इस लिहाज़ से यहाँ प्रमोशन करना काफी प्रभावी रहता है। केटी पैरी, स्नूप डॉग ओर एस्टन कचर ऐसे ही नाम है जो कि इन प्लेटफार्म के माध्यम से क्रिप्टो ओर ब्लॉकचेन के प्रमोशन में खासे सक्रीय है।

बिटकॉइन एक्सचेंज गाइड के अनुसार वर्ष 2013 से हॉलीवुड सितारे क्रिप्टो के प्रति अपना आकर्षण दिखा रहे है। सबसे पहले स्नूप डॉग ने अपनी म्यूजिक एल्बम को क्रिप्टोकरेंसी के ज़रिय खरीदे जाने का ऑफर अपने प्रशंसको को दिया था। इसके बाद पिछले साल से एस्टन केचर ऐथेरियम के प्रोमोशन को लेकर चर्चा में आये। वहीँ प्रसिद्ध पॉप गायक कैटी पैरी अप्रत्यक्ष रूप से क्रिप्टो बाजार से जुडी रही हैं।

क्रिप्टो विशेषज्ञों का मानना है कि बाजार को मज़बूती देने ओर व्यापार में वृद्धि करने में इन सितारों की भूमिका को काफी महत्वपूर्ण आँका गया है। वजह है कि हॉलीवुड के साथ साथ अब खेल ओर मनोरंजन जगत के लोग भी क्रिप्टो करेंसी के प्रति भरोसा दिखा रहे है।

The post हॉलीवुड सितारों को नहीं क्रिप्टो से परहेज़ appeared first on OWLT Market.

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CEZA Issues Third Provisional Principal License To Liannet Technology Ltd. The third financial technology solutions and offshore virtual currency (FTSOVC) provincial principal license was issued by the Cagayan Export Authority (CEZA) to Liannet Technology Ltd., a Hong Kong-based subsidiary of Apsaras Group, this Thursday. CEO and CEZA Administrator, Raul Lambino, said that he is quite optimistic that finally his dream of transforming the country like Silicon Valley’s Asian counterpart now seems a step closer than before. Raul Lambino further added that the Fintech and blockchain projects in CEZA are likely to create around 20,000 jobs no sooner CEZA awards the initial 25 principal licenses to qualified Fintech companies. After Golden Millenial Quickpay Inc. and Ultra Precise Investments Ltd., Liannet is the third Fintech firm that has been granted an FTSOVC license by CEZA. This provisional license lasts for six months. The president of Apsaras Group, Li Jian, expressed his gratitude to the agency at the Amertime International Blockchain Summit. The summit was held at the EDSA Shangri-La Hotel in Ortigas Center, Mandaluyong City. Li Jian said in his speech that they are confident that the CZC Exchange will be able to contribute towards the development of CEZA and to serve people who believe in cryptocurrency and blockchain. He further added that they wish to work closely with the agency to create an Asian Silicon Valley using cryptocurrency and blockchain technology. As reported by Cryptovest, earlier this week Lambino mentioned that the massive interest in Fintech solutions and digital currencies has helped CEZA to deliver strong revenue with earnings soaring to nearly 52 percent in the second quarter. He further said that the overwhelming interest of the offshore companies in crypto trading and financial technology solutions wanting to be based out of the Cagayan Special Economic Zone has surpassed all their expectations. He also mentioned that inquiries about the project are rising on a daily basis. The post CEZA Issues Third Provisional Principal License To Liannet Technology Ltd. appeared first on OWLT Market.

The third financial technology solutions and offshore virtual currency (FTSOVC) provincial principal license was issued by the Cagayan Export Authority (CEZA) to Liannet Technology Ltd., a Hong Kong-based subsidiary of Apsaras Group, this Thursday.

CEO and CEZA Administrator, Raul Lambino, said that he is quite optimistic that finally his dream of transforming the country like Silicon Valley’s Asian counterpart now seems a step closer than before.

Raul Lambino further added that the Fintech and blockchain projects in CEZA are likely to create around 20,000 jobs no sooner CEZA awards the initial 25 principal licenses to qualified Fintech companies.

After Golden Millenial Quickpay Inc. and Ultra Precise Investments Ltd., Liannet is the third Fintech firm that has been granted an FTSOVC license by CEZA. This provisional license lasts for six months. The president of Apsaras Group, Li Jian, expressed his gratitude to the agency at the Amertime International Blockchain Summit. The summit was held at the EDSA Shangri-La Hotel in Ortigas Center, Mandaluyong City.

Li Jian said in his speech that they are confident that the CZC Exchange will be able to contribute towards the development of CEZA and to serve people who believe in cryptocurrency and blockchain. He further added that they wish to work closely with the agency to create an Asian Silicon Valley using cryptocurrency and blockchain technology.

As reported by Cryptovest, earlier this week Lambino mentioned that the massive interest in Fintech solutions and digital currencies has helped CEZA to deliver strong revenue with earnings soaring to nearly 52 percent in the second quarter.

He further said that the overwhelming interest of the offshore companies in crypto trading and financial technology solutions wanting to be based out of the Cagayan Special Economic Zone has surpassed all their expectations. He also mentioned that inquiries about the project are rising on a daily basis.

The post CEZA Issues Third Provisional Principal License To Liannet Technology Ltd. appeared first on OWLT Market.

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