11:00 am, Monday, 5 March — South Korea, Seoul
First international legal deal to buy Kakao friends have been made between South Korea and Russia. The deal value is 1071.18 XDR (1499 USD), the weight of Kakao Friends was 10kg, including phone cases, laptop bags, umbrellas and other branded stuff.
The most interesting thing is that the parcel have passed the customs clearance both in South Korea and in Russia. No fiat money has been sent in this deal, according to the contract it was a barter: physical goods have been exchanged for the intangible digital asset (XDR). …
In July Mile Unity Foundation was publicly launched. This was 7 months, so you’ll be amazed how much we did during this period. At the time MILE blockchain had already been in full operation in 2017, providing free, fast and secure transactions with a stable unit of account tied to IMF SDR.
This month’s Karma, P2P lending platform, that had successfully raised 10M $ during ICO, had officially declared partnerships with MUF in various areas.
In August MUF started to hire ambassadors whole over the world. Nilesh Neel became our ambassador in India
How should the ICO market and cryptocurrency trading be regulated? It’s a question on the minds of regulators around the world as they try to tailor the rules of this emerging market. In Brazil, Mile Unity Foundation Ambassador George Goognin had the opportunity to discuss these issues with Jose Alexandre Vasco, Director at the Office of Investor Protection and Assistance of the Securities and Exchange Commission of Brazil (CVM).
Brazilian authorities are very open on blockchain technology. In June, the Brazilian central bank announced that it would build a blockchain platform to share data with other domestic financial regulators such…
South Korea and Russia performed the world’s first ever legal transaction using the stable cryptocurrency known as XDR. KARMA.RUS, a Russian company, made the payment to the South Korea-based Mile Unity Korea in exchange for promotional and translation services. XDR is a stablecoin tied to the International Monetary Fund’s highly stable reserve currency Special Drawing Rights (SDR).
The transaction amount was 400 XDR, which is tied to the value of SDR at a ratio of 1-to-1. The transaction was carried out on November 15 at the rate of the Bank of Russia, which was 91.79 …
The nation’s capital of Astana is undergoing a great deal of development, including a series of infrastructure projects that require the support of private capital. According to a memorandum of understanding and partnership signed by the Mile Unity Foundation and the Office for Investment and Entrepreneurship Development of Astana, the MILE blockchain is set to provide that support as a transparent mechanism for distributing private capital to the appropriate infrastructure projects.
Under the agreement, Mile Unity will provide Astana officials technological and consulting assistance on the practical application of blockchain technology, which can be used as a better alternative for…
BitForex, one of the world’s largest cryptocurrency exchanges, announced that it will list the MILE coin.
The official listing of MILE will begin on November 16 and open trading at 16:00 Beijing time (8:00 UTC). At the same time, the cryptocurrency exchange will start supporting the deposit and withdrawal of MILE.
Simultaneously on BitForex, two trading pairs will be launched: MILE/BTC and MILE/ETH. In terms of U.S. dollar value, the starting price of 1 MILE is 1.70 USD. Current MILE market capitalization is 1.7B USD.
Mile Unity Foundation (MUF) recently conducted an official meeting with the China Chamber of International Commerce (CCOIC) to discuss the benefits of blockchain technology and, specifically, the MILE stablecoin.
At the meeting, the CCOIC was represented by Deputy Secretary General Zhang Yi. On behalf of Mile Unity were Silk Road Ambassador Bolat Smagulov, Business Diplomat Maria Tarabanova and Zhibo Fan, an advisor at Mile Unity. Each of them were part of the G-Global delegation, led by its Head of Secretariat Serik Nugerbekov.
Mile Unity representatives discussed the aim of the MUF project and how it can help to educate the…
A delegation representing the Mile Unity Foundation (MUF) recently visited Kazakhstan and met with business leaders, accelerators and government representatives to discuss the launch of several pilot projects in the blockchain space. Mile Unity also held several meetings at the ministerial level of Kazakhstan, as well as with the mayors of Pavlodar region and Astana.
The productive discussions centered around the possible creation of a blockchain laboratory within the Astana Hub, an international IT startup hub and accelerator backed by the government of Kazakhstan. …
An official closed meeting with Lu Jianzhong, Chairman of Silk Road Chamber of International Commerce (SRCIC), and a representative of Mile Unity Foundation was held during the 2018 Silk Road Business Summit in China. The South Korea-based Mile Unity was invited to the event as part of G-Global delegation.
Maria Tarabanova, a business diplomat at Mile Unity Foundation, and Jianzhong discussed issues concerning integration of blockchain technology in real life and how new technology can help make government operations more transparent.
Dima Vol, a Board Member of the Mile Unity Foundation, took part as a speaker in the panel discussion about the future of stablecoins during the event in the prestigious and exclusive venue The Reform Club. Panel discussion were held in London, U.K. during the one-day meeting ‘Stablecoins: Collaboration Towards Mass Adoption’ made by Stable.Report organisation.
The forum brought together leading stablecoin issuers and stakeholders, as well as plenty of blockchain industry influencers. Among the participants involved in the discussion were top managers and founders from Huobi, BitBay, Forctis, Corion and more. …
MILE Unity Foundation is a non-profit organisation aimed to educate the community about the new technologies and tools for the global economy