Crypto News: Electroneum Is First Cryptocurrency In World To Introduce (KYC) Procedures

As per the latest crypto news, Electroneum has become the first cryptocurrency in the world to introduce Know Your Customer (KYC) procedures. The mobile-based cryptocurrency recently announced that users will have to comply with KYC by November 12, 2018. Voluntary KYC registration has been started for the users. Electronuem’s business policy has helped them well in the past, letting them to tap into a market of millions in underdeveloped countries by going completely mobile phone based. The company states on its website that their aim is to connect underserved populations who don’t have access to banks with a means of currency.

As per Electroneum CEO and Founder Richard Ells at present Electronuem marks the third time and has broken new ground in the cryptocurrency world. It is the first mobile cryptocurrency, having instant payment API and now it is the world’s first KYC-compliant cryptocurrency. To register users will also be required to provide proof of their identity based on the amount of Electroneum coins in their wallet, with more proofs required for high volume ETN holders.

Electroneum’s decision to turn towards KYC regulations opens up the door for willing merchants and users who feared the overall regulation issues concerning cryptocurrencies. As per the news published in Bitcoin Exchange Guide, the overall aim of Electroneum and Yoti digital ID partnership is to increase adoption rates and the authentic use of ETN. However, as per the crypto news, the cryptocurrency world does not fully work legally as some users prefer privacy based tokens.

According to Tom White of Yoti, users will only require to make Yoti profile one time, after which it can be used to constantly approve their identity “in seconds” any time it’s required.

According to the publication Cryptosate, KYC technology will increase in the cryptocurrency space, for both state and federal regulators ramp up their efforts to crack down on deception and shut down the companies responsible. As stated in the crypto news, security has also been a very tall obstacle to crypto’s conventional adoption that KYC tech, especially solutions that are fast and easy to use, could help to leap.

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पेसो अस्थिरता का फायदा उठाने के लिए अर्जेंटीना में आएंगे ३० क्रिप्टोकरेंसी एटीएम

अर्जेंटीना को ब्यूनस आयर्स शॉपिंग मॉल में पिछले महीने स्थापित किया गया पहला बिटकॉइन एटीएम। अब दक्षिण अमेरिकी राष्ट्र को बिटकॉइन की बढ़ती मांग के साथ 2018 के अंत तक 30 क्रिप्टोकरेंसी एटीएम मिल सकते हैं।

अर्जेंटीना में फिनान्सिअल क्राइसिस पेसो के कम मूल्य के साथ आसान हो जाएगा। अब तक, इस साल अमेरिकी डॉलर के मुकाबले देश की करेंसी पेसो में 50 फीसदी की गिरावट आई है। माना जाता है कि पेसो के मूल्य गंभीर रूप से गिर रहे हैं और इन्फ्लेशन 2018 के पूरा होने तक लगभग 40 प्रतिशत तक पहुंच गई है, अर्जेंटीना में दुनिया की सबसे बड़ी क्रिप्टोकरेंसी की मांग बहुत अधिक हो गई है। दूसरे शब्दों में, डिजिटल करेंसी में लेनदेन की वृद्धि अमेरिकी डॉलर के मुकाबले पेसो के मूल्य में होने वाली हानि के साथ तेज हो गई है।

एक अमेरिकी कंपनी, एथेना बिटकॉइन ने पहली बिटकॉइन एटीएम मशीन स्थापित की जो पूरे देश में बड़ी क्षमता को समझती है। इस बीच, एक और अमेरिकी कंपनी, ओडिसी समूह जल्द ही 150 क्रिप्टोकरेंसी एटीएम स्थापित करके अर्जेंटीना में अपने विस्तार के लिए तैयार है। उन 150 एटीएम में, लगभग 80 प्रतिशत बिटकॉइन-2019 के पहले कुछ महीनों में परिचालित होंगे।

दुनिया भर में डिजिटल करेंसी एटीएम की बढ़ती मांग के साथ, एथेना बिटकॉइन के अर्जेंटीना ऑपरेशन मैनेजर दांते गैलेज़ी के अनुसार, अर्जेंटीना ने बाजार को पकड़ने के लिए बड़ी क्षमता साबित की। रॉयटर्स पर रिपोर्ट के अनुसार, “अर्जेंटीना में, कोई वाणिज्यिक एटीएम नहीं था और विचार बाजार को पकड़ने वाला पहला व्यक्ति था।” उन्होंने आगे कहा कि बिटकॉइन में निवेश लगभग पेसो के मूल्य की रक्षा करता है और बाजार में निवेश करने का मौका देता है।

जहां तक ​​ओडिसी की विस्तार योजना का सवाल है, कंपनी 2019 में अर्जेंटीना में 1,600 बिटकॉइन एटीएम स्थापित करने की योजना बना रही है, एएमबीक्रिप्टो ने रिपोर्ट किया गया । ओडिसी का दावा है कि इसकी क्रिप्टोकरेंसी एटीएम ग्राहकों के लिए डिजिटल संपत्तियों को खरीदने और बेचने के लिए मंच नहीं होगी, वे परंपरागत बैंकों के समान वापसी, जमा और हस्तांतरण जैसी अन्य गतिविधियां भी करेंगे। अर्जेंटीना के अलावा, दोनों अमेरिकी कंपनियां मेक्सिको, ब्राजील और चिली में विस्तार करने की भी कोशिश कर रही हैं।

The post पेसो अस्थिरता का फायदा उठाने के लिए अर्जेंटीना में आएंगे ३० क्रिप्टोकरेंसी एटीएम appeared first on OWLT Market.

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Patients To Gain More Control With Blockchain-Enabled Medical Technology

A blockchain-enabled service called MyClinic.com recently started a pilot study with the aim to provide the patients’ better control over their medical records through technology. As a participant of the beta testing mode, a woman from London has already started using the platform for accessing video consultation with her General Practitioner.

Developed by a startup company from the UK, Medicalchain in collaboration with Groves Medical Group, a private clinic chain, MyClinic.com aims to introduce transparency in the exchange of medical records between health caregivers and patients. The service will ensure that the transfer between patient and doctor is secure.

According to the UK-based developer, their blockchain service provides greater flexibility to the patients over where and how they should receive medical advice. In a way, it gives them a control over the medical information and the way they can use it. With the help of this system, the patients or users can consult a practicing doctor remotely by paying a small fee that is directly paid to the doctor.

After bringing revolutionary changes in many fields, blockchain is now introducing it in medical technology. The pharma industry is already testing multiple blockchain-enabled products for using the technology in the supply chain so that a transparency is maintained when it comes to keeping the custody of medicines while they move from the manufacturer to the patient, according to PMLive.

Apart from MyClinic.com, Guardtime, a software security company in Amsterdam has also come up with a blockchain-based platform for maintaining personal care record. According to officials, the software can provide service to around 30 million U.K. NHS (National Health Services). Through the service, the patients can gain instant access to their personal medical details, according to Healthcare Informatics.com. The service also provides medication adherence and personal care pathways via Smartphones.

The growing importance of blockchain in healthcare and medical technology is undeniable. The potential of blockchain technology will be discussed by experts during a Beverly Hills Health IT Summit to be held on November 8 and 9, 2018, this year at the Beverly Hills’ Sofitel in Los Angeles, according to Healthcare Informatics.com.

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नए सर्वेक्षण के अनुसार ग्लोबल रिसेशन के दौरान क्रिप्टोकरेंसी प्राइसेस बढ़ेगी

फंडस्ट्रैट ग्लोबल एडवाइजर्स द्वारा किए गए एक सर्वेक्षण ने हाल ही में एक निष्कर्ष निकाला है कि ग्लोबल रिसेशन के दौरान क्रिप्टोकरेंसी की प्राइसेस बढ़ेगी। फंडस्ट्रैट रिसर्च टीम ने दो सर्वेक्षण किए, संस्थानों में से एक और सोशल मीडिया (ट्विटर) के माध्यम से सामान्य क्रिप्टो उत्साही लोगों में से एक।

30 सितंबर और 3 अक्टूबर के बीच छह प्रश्नों वाला एक ऑनलाइन ट्विटर सर्वेक्षण आयोजित किया गया, जिसे बाद में 9,500 प्रतिक्रियाएं मिलीं। कुल प्रतिक्रियाओं में से, 5 9 प्रतिशत उपयोगकर्ताओं का मानना ​​था कि इस तरह की स्थिति के दौरान कीमत बढ़ेगी।

25 संस्थानों को दस प्रश्न भेजे गए जिनमें 72 प्रतिशत (संस्थानों) ने अपनी राय व्यक्त की कि ग्लोबल रिसेशन होने पर क्रिप्टोकरेंसी की प्राइसेस बढ़ेगी, जबकि 28 प्रतिशत ने इस तथ्य से इंकार कर दिया था। रिपोर्ट में यह भी कहा गया है कि अगर संस्थानों से प्राप्त उत्तरों से ट्विटर उपयोगकर्ताओं के जवाब हटा दिए गए थे, तो बाद वाला समूह  ग्लोबल रिसेशन के दौरान बढ़ती कीमत से अधिक आत्मविश्वास से संबंधित था।

ईरान और वेनेज़ुएला जैसे देशों में, लोगों ने ग्लोबल रिसेशन के प्रतिकूल प्रभावों के दौरान उन्हें वापस पकड़ने के लिए बिटकॉइन और अन्य क्रिप्टोकर्रेंसीज़ में बड़े पैमाने पर प्रवेश किया है। वेनेजुएला में रहने वाले लोग पहले से ही वही चीज़ अनुभव कर चुके हैं जब बिटकोइन की कीमत पहले प्रीमियम स्तर पर पहुंच गई थी। संस्थानों ने वैश्विक स्तर पर इस तरह की घटनाओं पर विचार किया है और तदनुसार एक निष्कर्ष निकाला है कि डिजिटल मुद्रा की कीमत निश्चित रूप से ऐसी प्रतिकूल स्थिति के दौरान बढ़ेगी, बिटकॉइनिस्ट ने रिपोर्ट किया।

दूसरी तरफ, अधिकांश संस्थानों का मानना ​​है कि बिटकॉइन की कीमत साल के लिए पहले से ही नीचे पहुंच चुकी है और 2019  में काफी वृद्धि होगी। लगभग 57 प्रतिशत संस्थानों ने अपनी राय व्यक्त की कि वे बिटकॉइन को 15,000 डॉलर के बीच कहीं भी चढ़ने की उम्मीद करते हैं, जैसा कि तोशी टाइम्स ने बताया गया है ।

हालांकि, ट्विटर पर क्रिप्टोकरेंसी समुदाय ने बिटकॉइन की प्राइसेस पर कम आशावादी रुख दिखाया है। लगभग 66 प्रतिशत उत्तरदाताओं ने अपनी राय व्यक्त की कि बिटकॉइन का मूल्य वर्तमान में उससे कम हो सकता है।

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Crypto Exchange CoinEx Pays Long-Term Dividends In BCH For CET Holders

Hong Kong-based crypto exchange CoinEx shared an announcement on its website stating that it will pay out long-term dividends in Bitcoin Cash (BCH) for the CoinEx token (CET) holders. The exchange stated that if the CET holdings of users are on CoinEx, it will calculate the dividends into BCH and allocate the dividends directly to their accounts.

CoinEx mentioned in its announcement that it will release “Lock & Mine CET” at the beginning of October and execute the long-term dividend allocation plan. In order to receive the BCH dividends, the users need to hold a minimum of 10,000 CET. Also, none of the CET tokens should be acquired through mining, the exchange clarified. The exchange added that only released CET will qualify for this offer.

Crypto exchange CoinEx stated that in order to guarantee the sustainable development of CET and the interests of CET holders, it has decided to release the long-term dividend allocation plan. As per the plan, the CET holders will continue receiving dividends even after trade-driven mining ends. It further added that BCH will be allocated monthly and within seven business days of every month.

The exchange also mentioned that 80 percent of its total revenue will be allocated to CET holders while the remaining 20 percent will be kept for CoinEx’s daily operations and development. CoinEx will also be using a significant portion of its revenue to re-purchase CET from the secondary market and allocate the same to the qualified CET holders proportionately, as stated in the Bitcoin News report.

Crypto exchange CoinEx stated that during the “Lock & Mine CET” period, it will release 1 million CET on a daily basis. Users who have enough locked CET in their CoinEx accounts will be allowed to share these CET. However, they can do so as per the following ratio – “The users’ locked CET asset/Total circulating CET asset on CoinEx”, as stated on its website.

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Job Opportunities Galore In Blockchain Sector; App Designers And Project Managers Can Expect Better Salaries

Blockchain market is growing at a rapid speed and so are the job opportunities that this sector can offer. Incidentally, experts from the technology field including project managers and app designers can expect to get higher and better salaries in the blockchain sector as compared to other industries simply because blockchain is almost everywhere.

Its unlimited reach and potential ensure that blockchain-enabled applications are viable and effectively implemented across all the verticals of businesses. Touted as one of the biggest revolution in the IT field, next to Artificial Intelligence (AI), innovators in the field are now largely focusing on developing blockchain-powered applications so that they can introduce more efficiency and transparency in businesses.

According to the recent surveys and studies carried out by the reputed jobs and careers research companies, blockchain developers, app designers, and project managers get higher salaries in blockchain field as compared to their counterparts who are working in other technologies. So what are the things that can make it big for you in this technology?

For better prospects and job opportunities in the blockchain, you should focus on core-skills of technology including programming, web development, integration and interoperability, blockchain platform, and blockchain security. Expertise in development is the core of blockchain and for getting high salary jobs professionals will have to learn pure programming, said TechGenix. Different blockchains are available in various languages running on C++, Python, NodeJS, C#, and Java.

In the web development sector, professionals need to become an expert in various languages used for blockchain including CSS, HTML, NodeJS, and MongoDB. Mature applications of blockchains involve interconnection of various ledgers across different technology platforms. Companies are on the lookout for blockchain programmers who can make different ledger talk as well as can blend it into a bigger business application.

Blockchain can also open doors of job opportunities for the freelancers as the technology is now being used in human resources and management of the workforce, according to Cryptoslate. Many projects are currently in the pipeline focusing on new mechanisms and changing the approach of freelancers towards the work. Some of the benefits that blockchain can bring for the freelancers included sustainable and accessible pensions, faster payments, and better protection.

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NCDEX Oct Soybean Commodities Prices Reach Higher For Second Consecutive Session

NCDEX Oct soybean commodities prices jumped higher for the second sequential session on October 04, 2018, on the expectation of increasing demand from oil mills because of weak rupees.

Soybean futures are anticipated to trade sideways to higher on the hope of improving demand from oil mills, the expectation of soy meal exports demand and MSP (Minimum Support Price) procurement.

The soybean yielded a productive harvest due to good rains in these crop growing areas. This indicated that the soybean prices may stand near MSP levels.

During the past quarter from July to September 2018, the Soybean prices stopped at 8.9 percent lower. The commodity market is anticipating bumper crop during the next season. Also, the market is expecting good crushing demand because of increased exports to China. Indeed, China has revealed an interest in purchasing soybean de-oiled cake made in Maharashtra.

The soybean yield is predicted to about 22.5 percent higher at 134 .6 lakh tonnes on-year, according to 1st advance estimate 2018/19. Based on the data available on the SEA, our Country’s soy meal exports are decreased by 32 percent on year to 59,643 tonnes in August month because of the low demand from the chief importers. Our Country’s soymeal exports are decreased by 4 percent on-year at 3.72 lakh tonnes from April to August.

The NCDEX Oct Soybean commodities prices reached higher for the second sequential session, according to Angel Commodities, as reported on Money Control.

The farmers were concerned about the soybean harvest this summer due to the hot and dry weather. However, the USDA reports about a record crop.

Just about 30 percent of the soybeans have been harvested last week as only four days were suitable for work, as per the most recent crop reports from the USDA. However, this is much higher than the 17 percent harvest during the same time last year.

The NCDEX Oct Soybean commodities prices drop every year, and it is anticipated this year also as USDA is predicting a record 438 million bushels of soybeans, said Dennis Wang, Commodity broker, as reported on Your News Leader.

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