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VeChain, Haier Ioc and DNV GL Partner for Blockchain and IoT Clothing Lifecycle Management

The annual ‘Global Release of COSMOplat's Achievements' which was held on 1st April 2019 saw the industrial and internet environmentally-friendly platform showcase their latest tech advancement. The event was hosted by Haier and was chiefly designed to introduce an ecosystem through the COSMOplat Platform for tech inventions in the near future. Presently, COSMOplat is the […]
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Italy Set To Adopt Blockchain Technology Thanks To VeChain And DNV GL

Italy Set To Adopt Blockchain Technology, Thanks To VeChain And DNV GL The head of the Høvik, Norway-based registrar and classification society, DNV GL, has introduced his thoughts on VeChain to the Italian Ministry of Economic Development. DNV GL, whose mandate is to safeguards life, property, and the environment and boasts over $19 billion in revenues, is the biggest quality assurance and certification provider on the planet. It is the most recognized brand in the global logistics chain with over 13,000 vessels and lots of mobile offshore units found in over 100 countries. And in a bid to add another cap to its feathers, the company’s digital transformation director, the company is looking to partner with Italy’s national Blockchain taskforce. This comes in the wake of a video of the national blockchain taskforce formed to oversee the adoption of this technology by the Italian government. The meeting involved among other things, the public blockchain platform VeChain and included the Italian Minister of Economic Development, Renato Grottola. Grottola who doubles as a member of two bodies; the Italian Association of Independent Certification and Inspection Bodies, as well as the steering committee of VeChain, is no stranger to all-things Blockchain. In the video, he’s seen sharing his sentiments on the opportunities and the challenges available on the platform. VeChain is a household name in the Blockchain industry given the solutions it offers several sectors. It also deals in customized physical audits, data collection and authentication services that help track commodities and information. It does this alongside DNV GL on MyStory using a unique decentralized application that ensures all processes are seamless and transparent. As per the New York Times, Italian products contribute to at least 5% of the country’s GDP. And with the rising costs or production and the cut-throat competition in the industry over the recent past, lots of malpractices have infiltrated the supply chain. With the introduction of the Blockchain system, it is highly expected that the ensuing transparency and accountability will eliminate these ills. It’s something that everyone in the steering committee, including Grottola who is part of the team, is positive about.
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Norwegian Royals Witness VeChain and DNV GL Agreement

VeChain has signed a partnership with DNV GL in order to reduce carbon emissions. The signing ceremony has been witnessed by King Harald V and Queen Sonja of Norway. The… Continue reading "Norwegian Royals Witness VeChain and DNV GL Agreement" The post Norwegian Royals Witness VeChain and DNV GL Agreement appeared first on UseTheBitcoin.
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DNV GL’s VeChain Partnership Improves It’s United Nations Sustainability Goals

VeChain Signs Partnership With DNV GL to Improve Wolrd’s Sustainability The Norwegian assurance company DVN GL and key partners of the Thirteenth Chinese Five-Year Plan, including VeChain, will be improving the efforts of DNV GL to be compliant with the United Nations’ Sustainable Development Goals. In order to increase their bilateral relations, King Harald V and Queen Sonja of Norway planned an official visit to China. At the same time, they have also been signing witnesses for the DNV GL-VeChain Digital Low Carbon Ecosystem partnership. This meeting and the ceremony were organized in the Norway-China Business Summit 2018. Other important partners of the Thirteenth Chinese Five-Year Plan were the Chinese automobile manufacturer BYD, Tsinghua University’s Sino US Relations Research Center, and Shanghai Ziandao Food, which is a subsidiary of the company Bright Foods. Some of the sponsors of this event were representatives of Norway and China. The Chinese Council for the Promotion of International Trade has also been working with Innovation Norway trying to improve the technology industry in the Scandinavian country. The digital low-carbon ecosystem will be strengthening and leveraging the VeChainThor blockchain and other Internet of Things (IoT) devices in order to calculate carbon reduction. The platform will be using smart contracts and issue carbon credits accordingly. It is possible to register the emission reduction behavior of individuals and enterprises as well. In this way, Carbon credits are distributed to those parties that are involved in emission reductions. These credits can also be transferred in order to achieve ecological diversion among enterprises. By reducing carbon emissions it is possible to meet the main agenda of the United Nations. VeChain is one of the most valuable and known blockchain systems in the world. At the moment of writing, VeChain has a market capitalization of $648 million dollars and each VET token can be bought for $0,0117 dollars, according to CoinMarketCap.
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Privacy-focused Brave browser boasts 8M monthly active users

Privacy-focused internet browser Brave has hit 8 million-mark in terms of monthly active users. Announcing the news on Wednesday, Brave said daily active users, on the other hand, have surpassed the 2.8 million mark. The browser, with opt-in blockchain functionality, also compensates content creators, users and advertisers in its native Basic Attention Token (BAT) for viewing online ads. Brave said it has delivered nearly 400 ad campaigns to date. The browser maker further said that it now has over 290,000 verified publishers - 200,000 of those are YouTube creators, 33,000 website publishers, 15,000 Twitch streamers and 28,000 are Twitter accounts. Brave also offers a cryptocurrency wallet for ether (ETH), ERC-20 tokens and collectibles, including BAT.
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Binance CEO: BNB no longer reliant on reducing supply to increase value

Today, Binance exchange announced that they had completed their 9th quarterly BNB token burn in accordance with the token’s whitepaper. Over 2 million BNB worth around $36.7 million was burnt during this process. This is the second-largest burn of BNB tokens in terms of U.S. dollar value, trailing only behind their 2nd quarterly burn of 1.8 […] The post Binance CEO: BNB no longer reliant on reducing supply to increase value appeared first on AMBCrypto.

Crypto.com - OKEx Pool to Offer CRO Staking to Millions of OKEx Users

HONG KONG, Oct. 17, 2019 /PRNewswire/ -- Crypto.com has partnered with OKEx Pool to offer its staking service for Crypto.com Coin (CRO). The millions of OKEx users now can conveniently stake CRO and enjoy staking rewards on the OKEx platform. Crypto.com Chain is a high-performing blockchain powering the crypto payment solution Crypto.com Pay, which allows users to pay or get paid in crypto anywhere, thus driving cryptocurrency adoption globally. The Crypto.com Chain Thaler testnet (alpha version) was launched in September 2019. When the Crypto.com Chain Mainnet goes live, it will be entrusted with key roles on the network, including but not limited to: Execute settlement Order transactions Verify all transactions Provide an escrow ("Proof of Goods & Services Delivered") service ...Full story available on Benzinga.com

Why Satoshi Nakamoto Created Bitcoin?

Through Innovation, everyone aims at changing the plan of action and making changes in the current condition to conduct better items or services. Productive development ought to be an important piece of one's business technique, where someone can make a culture of innovation and make a way for creative thinking. It can also increase the likelihood of one's business succeeding and can create more efficient processes that can result in better productivity and performance. Innovation and creativity are what should someone have to make a difference in the world. One of the most innovative advancement today is the creation of bitcoin. As said to this article, Bitcoin has been the preeminent cryptocurrency since its inception and continues to lead all others by a significant margin. Let’s look at some of the statistics: There are nearly 18 million BTC in circulation and, with a current price of around $8,300, that puts the market cap at over $150 billion. With a daily volume of over $15 billion, Bitcoin trades more than double the next highest-ranked cryptocurrency. To see just how significant Bitcoin is on the global market, it can be useful to look at the user numbers as well. Even though the bitcoin market already reached a legendary status in the crypto world, The creator of Bitcoin has managed to remain anonymous for over a decade. Just using Satoshi Nakamoto as a pseudonym. But why did he created bitcoin and remain unknown to everyone. One of the reasons is to solve some societal problems easily, Satoshi came up with creative answers to solve certain problems in the business. Many times an individual face problems that don’t seem to go away. The answer is to think outside the box to find an answer one never come up with. This way one can make a product, a creative solution to the problems face in the market and make one's business better. Keep in mind that thinking innovatively is the easiest way to beat competitors in the market. Just like what bitcoin did, it dominates the cryptocurrency transactions and remain the number 1 cryptocurrency on the Coinmarketcap. It seems that perhaps the achievements of bitcoin it's impossible to know the true Satoshi. He has become a larger than life character; people have heaped upon him so much of their ideas about who he should be and how he should act, that no one person can live up to the idea that Satoshi has become.
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