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India's Election Commission Developing Blockchain System for Voting

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India's Election Commission Developing Blockchain System for Voting
Bitcoin News
 Published Few hours ago
India's Election Commission Developing Blockchain System for Voting 
The Election Commission of India is collaborating with the Indian Institute of Technology to develop a blockchain system for voting, the Chief Election Commissioner has reportedly revealed. The new system aims to allow Indians to vote even when they are away from their hometowns. According to reports, about 900 million people were eligible to vote in the 2019 elections but only about 300 million people, did not vote largely due to the reason that they were unable to get to their polling booth on voting day. Read Full on Bitcoin News

indiablockchainvote
Bittrex moves $500 million in Bitcoin for just $1
Decrypt
 Published Few hours ago
Bittrex moves $500 million in Bitcoin for just $1 
Crypto exchange Bittrex has just made two large Bitcoin (BTC) transactions, moving coins from its main exchange to another wallet, before sending them back to its original wallet. And it barely paid anything to do so. Earlier today, the exchange moved 48,952 BTC, worth $491 million at the time, according to blockchain records. But despite these two huge transactions, the cost was minimal. The exchange paid $0.67 in fees for the first transaction, and $0.84 for the second—a combined total of just $1.51. Read Full on Decrypt

bitcoincryptoblockchain
IOTA DLT Being Utilised By Jaguar Land Rover to Help Pothole Issues
Cryptodaily
 Published Today
IOTA DLT Being Utilised By Jaguar Land Rover to Help Pothole Issues 
Jaguar Land Rover has just teamed up with the IOTA Foundation in order to use the DLT solution to help develop a number of innovative technologies which are focused on fighting against some of the problems faced today in the motor industry. One of Jaguar Land Rover software engineer said that the team is going to help track potholes all over the United Kingdom and Ireland. Read Full on Cryptodaily

iotaJaguarblockchain
Crypto Gamers Invested $1 Million to Buy Virtual Land in Crypto-Based Games
Medium
 Published Today
Crypto Gamers Invested $1 Million to Buy Virtual Land in Crypto-Based Games 
According to a medium post by blockchain supporter Robert Hoogendoorn, gamers invested more than $1 million this week to purchase virtual spaces across three crypto-based games: Decentraland, Cryptovoxels and The Sandbox. Decentraland, the largest of the three platforms in terms of trading volume, generated more than $600,000 from gamers rushing to purchase virtual real estate in the blockchain-based digital world ahead of the game’s official launch on Feb. 20. Read Full on Medium

CryptoGamesBlockchain
Block Fi to Develope New BTC Payments System for Mobile Devices
Forbes
 Published Today
Block Fi to Develope New BTC Payments System for Mobile Devices 
BlockFi is a crypto lender, but they envision Bitcoin’s growth depends on US consumers investing and using crypto for everyday purchases. Block Fi has recently garnered more than $30 million in a funding round to develop a new mobile banking service, equipped to the hilt with a rewards system, credit loans, and many other tools that are likely to set it on the same plane as any standard financial institution. Read Full on Forbes

BitcoinBlockFiUSA
Ethereum’s Transaction Count Going Up While Gas Usage Hits Year-High
Twitter
 Published Today
Ethereum’s Transaction Count Going Up While Gas Usage Hits Year-High 
Crypto analytics firm, Glassnode, noted strong fundamentals in terms of gas usage which reached a four-month high on the chart. The last time Ethereum’s gas usage hit an ATH was in September 2019. In terms of active addresses, Ethereum reached a level unseen since September 2019. The number of active addresses was up by 26.7% while the transaction count also increased by 20.77% Read Full on Twitter

ethereumethCrypto
Wells Fargo Funds The Digital Currency Enterprise Elliptic
Press Release
 Published Today
Wells Fargo Funds The Digital Currency Ent

erprise Elliptic 
Wells Fargo has invested $5 million into a new cryptocurrency startup called Elliptic that seeks to provide crypto risk assessment tools. James Smith, CEO of Elliptic, said, "We are proud to announce Wells Fargo's investment in Elliptic. The partnership with our bank investors will further enhance our ability to better understand and work closely with financial institutions around the world to provide them with greater visibility into the cryptoasset ecosystem. Read Full on Press Release

WellsFargoCrypto
IOHK Opens Cardano Research Lab at University of Wyoming
CoinDesk
 Published Today
IOHK Opens Cardano Research Lab at University of Wyoming 
The Cardano blockchain's lead development firm has established a research center at the University of Wyoming after making a $500,000 donation in the ADA. IOHK's new research and authentication center would promote the company's academic approach to blockchain development and engineering. The center will feature a new Plutus development facility, providing blockchain developers with an applied laboratory for writing code in cardano's smart-contract language, as well as tools and resources to experiment with new solutions. Read Full on CoinDesk

cardanocryptoblockchain
Bitcoin Trading Volume Rising in Chile
Bitcoinist.com
 Published Today
Bitcoin Trading Volume Rising in Chile 
The data from LocalBitcoins.com shows a sharp increase in Chilean OTC Bitcoin transactions since beginning of late 2016, although volatile, data demonstrates a sharp upward trend. The week ending on February 8th had by far the largest BTC trading volume. Chileans traded almost USD $300 million in Bitcoin over LocalBitcoins.com last week. The rise in crypto transaction in Chile shows that crypto is becoming equally popular in stable developing nations as well. Chile, for example, has experienced solid economic growth and low inflation since 3 decades. Read Full on Bitcoinist.com

chilecryptoblockchain
BitPay to Expand Crypto Payments to 100,000 retail stores
coindesk
 Published 1 Day ago
BitPay to Expand Crypto Payments to 100,000 retail stores 
BitPay, a leading Atlanta-based Bitcoin (BTC) payments processor established in 2011, has joined forces with Poynt, a Palo Alto-based point-of-sales (POS) terminal maker, to simplify crypto payments and make it available at more than 100,000 retail locations around the world. the new BitPay-Point partnership will make it possible for crypto hodlers from across the globe to easily pay with bitcoin (BTC), ether (ETH), bitcoin cash and three stablecoins at various retail outlets by simply scanning a QR code at checkout. Read Full on coindesk

bitpaycryptobitcoin
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