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A company providing an open payment platform and decentralised exchange issued on Ethereum.

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Hydro Labs tap OmiseGO’s Plasma Infrastructure to Eliminate Ethereum Congestion Woes

In an official announcement dated October 8, 2019, open-source distributed ledger technology (DLT) project Hydro Labs announced that it had partnered with cryptocurrency project OmiseGO (OMG) to use the latter’s plasma transaction infrastructure to do away with the Ethereum blockchain’s scalability woes. Leveraging OmiseGO to Decongest the Ethereum Network Whilst bitcoin (BTC) is the undisputedRead MoreRead More. The post by Aisshwarya Tiwari appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\
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OmiseGo (OMG) Fosters New Partnerships With Universal Protocol Alliance And Hydro Labs

The top blockchain payments processor, OmiseGo, has joined hands with the broadest coalition of blockchain organizations in the world (Universal Protocol Alliance). The move is aimed at extending the innovative uses for cryptocurrency in the world. OmiseGO is said to bring in the UPT utility token into its technology for processing payments. This will assist […]
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OmiseGO Joins the Universal Protocol Blockchain Alliance

Blockchain leader incorporates UP Utility Token into its Payments Technology OmiseGO, a leading blockchain payments processor, has joined the Universal Protocol Alliance, the world's largest coalition of blockchain organizations dedicated to extending new and innovative use cases for cryptocurrency around the world. OmiseGO will incorporate the Universal Protocol Platform UPT utility token into its payment processing technology, helping merchants and cities leverage UP stablecoins for financial services and tax collection and allowing vendors to legally and securely collect transaction fees. It complements contributions from alliance members, including exchanges Bittrex and Uphold, decentralized finance bank Cred, Blockchain at Berkeley, blockchain and smart contract security company CertiK, and crypto wallet and browser company Brave. "OmiseGO has been an innovator in the blockchain space for many years and has valuable technology to support the most secure next-gen financial infrastructure," said Dan Schatt, co-founder of the Universal Protocol Alliance and president of Cred. "Their technology will help support the mass adoption of blockchain technology utilizing UPUSD and other UP stablecoins for consumers, merchants and local governments. This practical application of the Alliance UPT token will perfectly complement the other Alliance members, contributing to the use of UPT as a mega ...Full story available on Benzinga.com
Benzinga

Hydro Labs partners with OmiseGo to scale Ethereum (ETH) payments

Hydro Labs partners with OmiseGo to scale Ethereum (ETH) payments - CryptoNinjas Hydro Labs, a decentralized, and open-source project for decentralized applications, today announced a new partnership with plasma infrastructure provider OmiseGO. The partnership will ensure that Hydro Pay transactions are no longer bottlenecked by Ethereum scalability issues. Users of the peer-to-peer (P2P) payments app can make instant transactions even when the Ethereum network is congested. For […] Hydro Labs partners with OmiseGo to scale Ethereum (ETH) payments - CryptoNinjas
CryptoNinjas

AlgoZ Adds OmiseGo (OMG) to Its Network to Provide Liquidity and Market Making Solutions

AlgoZ partners with OmiseGo to provide cryptocurrency trading solutions. AlgoZ, a cryptocurrency trading solution, adds OmiseGo (OMG) to its wide network of digital assets. The partnership tasks AlgoZ with providing market making and liquidity services to enhance trading of the OMG token across exchanges. AlgoZ was founded in 2016 by Fingenom, a fintech company, to […]
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Bank of Canada Exploring Possibility of Launching a Digital Currency

Bank of Canada, the Canadian central bank, is exploring the possibility of launching a digital currency that would replace cash and track how people spend their money. The aim of the proposed currency would be to mitigate the “direct threat” posed by cryptocurrencies to the economic sovereignty of governments and central banks, an issue that has featured prominently in the headlines recently amidst intense regulatory pushback on Facebook’s proposed coin, Libra. The proposal was pitched to Stephen Poloz, Governor of the Bank of Canada, and its board of directors in a presentation entitled “Central Bank Money: ... ﾿ Read The Full Article On CryptoCurrencyNews.com Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges. All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.
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Bermuda Kicks Off Natural Blockchain I.D System Development With Shyft Network

Bermuda's blockchain identification system recently kicked off. This project is currently under development with the main partners being Perseid and Shyft Networks. The blockchain i.d ecosystem is set to leverage decentralization in keeping records for the citizens of Bermuda. This small Island nation joins Catalonia who is also creating a digital ledger for i.d record […]
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Brave Blockchain and Privacy Browser Scores 8 Million Active Monthly Users

Blockchain-powered privacy web browser, Brave, has just announced in an official blog post that the browser now has 8 million active users who use it monthly and a daily user mark of 2.8 million. The platform’s growth has been quite commendable and is slowly increasing in popularity, gearing up its head to compete with other bigger browsers. The Brave platform now also has 290,000 Brave Verified Publishers, who earn Brave’s Basic Attention Tokens (BAT) as payments for the content they produce and make available. Of this number, the announcement states that 15,000 are Twitch streamers with 33,000 website publishers and creators and a whopping 200,000 content creators on YouTube. Two months ago, Brave began allowing Twitter users to tip other accounts that post interesting content, using BAT. Since inception, 28,000 users have now signed up for this service and are free to tip and receive as well. The Brave team is heavily focused on putting control in the hands of content creators and eliminating the middlemen as much as possible. For a long time, major ad services companies like Google and Facebook, have not only been profiting too much off users’ contents but seem to unnecessarily tracking ad and user activity. Since the Brave platform is powered by blockchain technology, there is little to no chance that there will be any unnecessary tracking. Brave also incentivizes its users to watch ads on the platform and pays these viewers in BAT. The Brave Ads platform is an opt-in service that was officially launched back in April and according to design, users are paid 70% of revenue from the ads just for viewing them. Today, there have been 385 successful campaigns on the platform. Furthermore, Brave also reports that its platform engagement has hit an impressive 14% click-through rate, much higher than the industry average of 2%. The post Brave Blockchain and Privacy Browser Scores 8 Million Active Monthly Users appeared first on ZyCrypto.
ZyCrypto

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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