This week in blockchain (Aug 31)

Guillaume
Guillaume
Aug 31, 2018 · 3 min read

Dear partners,

The world bank, the US customs, Line, all launching blockchain-based apps this month. Yahoo Finance lets you buy Bitcoin and Ethereum. Coinbase explains what’s explains the “Web 3.0”.

Do get in touch to discuss our blockchain products and services!

Price movement this week

  • Bitcoin +8% at $6,969
  • Ethereum -6% at $281
  • Global capitalization +7% at $225 billions

News this week

Blockchain enables renewable energy trading in Bangkok as it offers a transparent way to handle complex transactions between users, producers, and even traders and utilities. ““It will encourage more consumers to make the switch to renewable energy, as the cost can be offset by selling excess energy to neighbors,” Thomson Reuters reports.

Yahoo Finance is now allowing users trade cryptocurrencydirectly through its platform. The new feature, launched this week on the iOS app, allows users to buy and sell a variety of cryptocurrencies by linking their account — via an integration with our partners at TradeIt — including Bitcoin, Ethereum, Litecoin and Dogecoin. Android, desktop and mobile web are coming soon.

For the first time, the World Bank raised capital from public investors through a legally valid bond issuance that uses blockchain from start to finish. The deal, designed to test how the technology might improve decades-old bond sales practices, had exceeded expectations Commonwealth Bank executive general manager James Wall reports.

The U. S. Customs and Border Protection will begin its live testing of a ethereum private blockchain, to simplify the procedure for users and thereby reduce the time spent working on the paperwork. As an example, an individual may want to bring a dog from Germany to the U.S. The system will guarantee that information about the dog’s health comes directly from the German government, the importer won’t need to supply any additional documents.

Japan’s Line Corp said on Friday it will launch a cryptocurrency in September, as the company tries to build up a wide range of businesses using its popular messaging app as a platform. The digital coin “LINK” will be given as rewards to users of its services and could be traded with other cryptocurrencies at its crypto exchange, BITBOX.

What is the Web 3.0 and what does it bring? “Today’s internet is a stateless internet blockchains gave us a way to hold state in a digitally native way […] the new functionalities enabled by decentralization are why we may see usage numbers beyond today’s web. We are already seeing cutting edge use cases being created by developers around the world in different categories, and users responding to them by putting their money where they see value”, Coinbase writes.

atato

Blockchain Service Provider

Guillaume

Written by

Guillaume

atato

atato

Blockchain Service Provider

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade