Blockchain Report — 11/22/2018

Summary: Kobe Bryant Is Planned To Talk At A TRON Cryptocurrency Event; North Korea Is Planning On Hosting A Blockchain And Cryptocurrency Conference; Bakkt Delays Cryptocurrency Futures Until January

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Kobe Bryant Is Planned To Talk At A TRON Cryptocurrency Event

According to The Next Web, TRON founder Justin Sun, known for his extravagant and occasionally outlandish marketing for TRON, announced that Kobe Bryant will speaking at a TRON summit. Sun said:

“I have been a huge fan of Kobe and deeply inspired by his journey. It’s my great honor to have Kobe as our special guest for the niTROn Summit… It’s worth mentioning that Kobe Bryant is not only a basketball genius, but also an investment genius. We look forward to hearing his great speeches at the summit.”

Apparently, Kobe Bryant is investment and business savvy himself. Bryant once turned $6 million into $200 million after Coca-Cola purchased a stake in a sports drink, of which Kobe Bryant is the primary shareholder.

However, it’s still a bit unclear how Kobe Bryant’s experience relates to technology, blockchain, or cryptocurrency in any way. A TRON spokesperson even said:

“We can’t draw any conclusions about [Kobe’s] involvement in blockchain […] for now.”

North Korea Is Planning On Hosting A Blockchain And Cryptocurrency Conference

According to CCN, North Korea has announced plans to hold a blockchain and cryptocurrency conference in an effort to showcase the country’s technological advancement, as well as to support blockchain technology.

The conference is planned to last for an entire week, and attendees will have an opportunity to be given a tour of the country. Interestingly enough, although Americans are welcome to attend (although it’s unclear how many actually will), people from South Korea, Israel, and Japan will not be able to attend the conference.

Journalists and “any mass propaganda or printed/digital material that is against the dignity of the Republic” will also not be allowed to attend the event.

Although this move might come as surprising, the truth is North Korea has been involved in cryptocurrency for quite some time. Last year, a cybersecurity firm found software on various computers that mine Monero and then send the Monero to the Kim Il Sung University in Pyongyang.

Bakkt Delays Cryptocurrency Futures Until January

According to NewsBTC, the incredibly long-awaited trading platform Bakkt has delayed the launch of the platform until January 24, 2019. Bakkt is a cryptocurrency-focused platform that has been backed by well known companies such as Microsoft and Starbucks.

Initially, Bakkt planned on releasing its physically-backed Bitcoin futures contract on December 12. However, the company decided to delay the launch in an effort to make sure that Bakkt’s clients and partners are adequately prepared. Bakkt CEO Kelly Loeffler said in a blog statement:

“As is often true with product launches, there are new processes, risks and mitigants to test and re-test, and in the case of crypto, a new asset class to which these resources are being applied. So it makes sense to adjust our timeline as we work with the industry toward launch.”

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