Saturday, 6 October 2018

Ripple’s XRP Rise! Also Attempt to Stay Above $0.5000 as it Breaks Weekly Declining Trend This article was originally posted on Ethereum World News - an independent news provider covereing Ethereum, Bitcoin, Ripple, Litecoin dApps, start-off ICO’s and the whole Blockchain [...]

Ripple’s XRP Rise! Also Attempt to Stay Above $0.5000 as it Breaks Weekly Declining Trend
This article was originally posted on Ethereum World News - an independent news provider covereing Ethereum, Bitcoin, Ripple, Litecoin dApps, start-off ICO’s and the whole Blockchain [...]

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South Africa and Crypto – a Conservatively Optimistic Approach This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]

South Africa and Crypto – a Conservatively Optimistic Approach
This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]

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Stock Market India Update: Share Price Of Titan Jump To 4 Percent As Company’s Business Picks Up Growth On Q2

Titan Company gains 4 percent as jewellery biz meet expectations in Stock Market India

In the stock market India, the shares of Titan Company added in excess of 4 percent in the early exchange on October 5, 2018, an organization’s jewelry business has grabbed the development on the second quarter ended September 2018. In its quarterly update, the organization said that with the watch business carried on its great keep running from the primary quarter, the development in the jewelry business grabbed exceptionally well after a generally delicate development in Q1’19.

The development in the jewelry business over the most recent couple of months has been trying on the back of a few elements like lesser number of wedding dates, the increment in Gold costs, fixing of the credit to the business, subdued buyer request and so forth.

The Company in stock market India kept to execute great over its organizations in the second quarter and witness the increases in market share on the back of well spread out systems for each of its organizations. While the watch business carried on its great keep running from the primary quarter, the development in the Jewelry business grabbed extremely well after a moderately delicate development in Q1’19, it included.

The meeting of the board of directors of the organization is booked on November 9, 2018, to consider and affirm the unaudited financial results for the second quarter/half year finished September 30, 2018, and conclusion of trading window.

The stock hit an unsurpassed high of Rs 1,006 on April 18, 2018, on the BSE in intra-day exchange, had failed to meet expectations the market from that point forward. Up to this point in the current money related the year 2018-19, Titan Company had fallen 18 percent when contrasted with 7 percent ascend in the S&P BSE Sensex till October 4, 2018.

Foreign research house HSBC has kept up purchase rating on the stock with the focus of Rs 1,050 for each share. Its Q2 statement paints a standpoint of a solid working execution, while organization ought to assuage market worry on whether the FY19 direction is achievable, according to the report of Moneycontrol.

In stock market India, Titan Company was exchanging 4.7 percent higher at Rs 812 against 0.96 percent decrease in the benchmark record. A consolidated 2.81 million value shares changed hands on the counter on the BSE and NSE up until now, according to the report of Business Standard.

The post Stock Market India Update: Share Price Of Titan Jump To 4 Percent As Company’s Business Picks Up Growth On Q2 appeared first on OWLT Market.



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Base Metal Commodities Trading Likely To Move Sideways With Negative Bias

Base Metal Commodities Trading To Move Sideways With Negative Path Due To Uncertainty In Metals’ Demand, Increasing US Interest Rates, Slowdown In China’s Commodity Market, And Possibility Of Metal Shortages

The base metal commodities trading is expected to move sideways with a negative bias due to several reasons.

The prices of base metals such as copper, zinc, lead, nickel and aluminium can trade on sideways with a negative bias because of the uncertainty related to the metals’ demand due to trade wars. The increasing US interest rates and the slowdown in China are also having an impact on the prices of the industrial metals. The submerging signals pointing to possible shortages of the base metals is also one of the reasons.

There is the possibility for copper, zinc, lead, nickel and aluminium to face resistance near 465 Rupees, 198 Rupees, 152 Rupees, 950 Rupees and 162 Rupees, respectively.

Also, copper, zinc, lead, nickel and aluminium can take support near 450 Rupees, 192 Rupees, 149 Rupees, 920 Rupees and 158 Rupees, respectively.

Over the past three months, the global prices of base metals have seen a correction, and the base metal commodities trading prices are unlikely to go down further.

The global prices of non-ferrous metals have observed a correction because of the global macroeconomic issues following the ongoing trade wars. Since the global market of the base metals is presently in deficit, even the demand-supply fundamentals would not justify such a correction.

The aluminium and zinc markets are expected to stay in deficits, and the copper market might turn into a marginal surplus throughout 2018, said Jayanta Roy, Senior Vice-President, ICRA. So, the risk of a further fall in base metal prices appears to be low as on date, added Roy, as reported on The HINDU BusinessLine.

The base metal commodities trading can move sideways with a negative path due to the uncertainty in the metals’ demand, the increasing US interest rates, the slowdown in China’s commodity market, and the possibility of base metal shortages, according to a report on The Economic Times.

The post Base Metal Commodities Trading Likely To Move Sideways With Negative Bias appeared first on OWLT Market.



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Nestle’s Digital Chief Stresses On Adopting Emerging Blockchain Technology To Manage Market Trends

Nestle Tapping Emerging Blockchain Technology Potential For Consumer Market

Nestle’s Digital Chief Officer, Samuel Baroukh, has a high belief in the emerging market of blockchain technology. The CDO of the FMCG giant in France strongly believed that blockchain has the potential to change the way people buy, consume and live. According to the current eBusiness Head of Nestle, every industry is shifting towards digitalization and retail has the maximum potential for mass adoption.

Baroukh’s strong belief in blockchain’s potential is evident from his decision to join Universal Reward Protocol (URP) in the position of advisor. URP uses blockchain technology to provide in-store behavior analysis to Auchan, and Carrefour. According to Baroukh, the major problem in the retail sector is data security because in the last few years the cases of breaches have been on the rise and traditional loyalty programs have been found to be unreliable.

Baroukh stated, “Blockchain makes data decentralized, encrypted, trackable and secure and is exactly what is needed. A URP participant has complete control over which data gets shared with which retailer. This provides a trade-off between the levels of personalization they are looking for and the privacy settings they choose.” According to Barouk, URP removes the issues brands typically face when it comes to knowing and touching their consumers as they have very little interaction with them, according to Nulltx.

Nestle has always been keen to explore the emerging technology of blockchain and its applications in the retail market. In August this year, the company partnered with Golden State Foods, Dole Good Co, Driscoll’s, McCormick, Kroger Co, Tyson Foods, McLane Co. and Unilever to ensure the safety of its supply chain for baby food purees and pouches, according to Freight Waves.

Nestle started its tryst with blockchain in the fall of last year when it traced the single-ingredient Libby canned pumpkin from the farms to the shelves. The company is already in negotiation with Wal Mart and IBM so that it can come up with a strategy for data formatting and export issues. Nestle currently is focusing on moving data from the SAP SE enterprise software of the company onto the digital ledger platform for sharing.

But implementing the emerging blockchain technology in the market is not easy as both the Gerber business and Nestle technology experts have discovered, according to Wall Street Journal.

According to the Global Head of the Swiss company using blockchain in a corporate supply chain is even now not a smooth job. Moreover, he stated that dealing with different formats with paper and electronics data from farmers, to processors and others in the supply chain can pose issues.

The post Nestle’s Digital Chief Stresses On Adopting Emerging Blockchain Technology To Manage Market Trends appeared first on OWLT Market.



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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.

The post Crypto News: Electroneum Is First Cryptocurrency In World To Introduce (KYC) Procedures appeared first on OWLT Market.



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

अर्जेंटीना में 30 क्रिप्टोकरेंसी एटीएम स्थापित होंगे जो बिटकॉइन क लेनदेन में उपयोग हो सकते है

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।

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