Crypterium Crypto Digest: Blockchain-Based Social Network; Banking Innovations; Deloitte’s Research

Jun 8, 2018 · 3 min read

When you are set to conquer the whole world, you start to notice those who support you everywhere you go. That’s what’s happening to the crypto industry right now: as usual, it’s bubbling with ideas and innovations! Let’s take a look at the recent highlights.

  • Swiss Bank Becomes First in Country to Offer Business Accounts to Crypto Companies

Hypothekarbank Lenzburg is the first bank in Switzerland to offer business accounts to blockchain and cryptocurrency companies.

“As a bank that sets itself up technologically and pursues a cooperative strategy in the field of fintech, it is also a matter of credibility to work together with the young sector of crypto and blockchain companies in Switzerland,” — explained Hypothekarbank Lenzburg CEO Marianne Wildi.

  • South Korean Tycoons Showing Interest in Cryptocurrencies

South Korea, the world’s third-largest market for trading Bitcoin in 2017, is also home to three of the top five exchanges for Ethereum that account for up to 40% of ETH global trading volume. This year, seven members of South Korea’s Richest list compiled by Forbes turned out to have made substantial investments in cryptocurrencies.

  • Deloitte: Retail and Consumer Packaged Goods Industries to Be Changed by Blockchain Technologies

Deloitte, a firm specializing in industry audit, has published its report titled “New tech on the block” exploring the integration of blockchain technology into retail and consumer packaged goods (CPG) industries. According to Deloitte experts, said industries are about to experience drastic changes once blockchain technology is fully integrated.

50 cases of blockchain use in retail and CPG were analyzed while preparing the report, with a particular focus on the added value blockchain technologies can potentially generate.

  • Blockchain Technologies for Privacy on Social Media

Blockchain entrepreneur and Bee Token co-founder Ali Ayyash has announced the launch of Lumeos, an EOS blockchain-based social network. The official announcement can be found on the project’s blog.

Lumeos is a decentralized social network where privacy is fully controlled by the user. This is achieved due to the power of EOS blockchain which allows each user to set various access restrictions or permissions for other network users.

  • Slovenian Shopping Mall to Become World’s First Crypto Lifestyle Center

BTC City, a shopping mall in Slovenian capital Ljubljana, is going to be transformed into the ultimate Bitcoin-friendly environment where all goods and services can be paid for by Bitcoin. BTC City is the largest shopping center in Slovenia with over 500 stores and tourism ventures, including a luxury hotel, a casino, a water park and a multiplex cinema.

BTC Company, the owner and developer of BTC City, seeks to utilize blockchain technologies, artificial intelligence, machine learning and virtual reality in creating the world’s first crypto lifestyle center.

Crypto prices, according to CoinMarketCap

  • BTC: 7663.76$ (-0.41%)
  • ETH: 602.05$ (-0.98%)
  • CRPT: 0.749$ (2.88%)

Total Market Cap: $342 832 812 122

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