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Ethereum Co-Founder Joseph Lubin: Blockchain Can Benefit Artists, Journalists

Joseph Lubin said that blockchain-based platforms can give artists more control over how their content is distributed as well as cut out middlemen. Ethereum co-founder and ConsenSys creator Joseph Lubin said that blockchain technology and decentralization can benefit content creators and journalists. Lubin spoke about different industries that are benefitting from blockchain technology in a video on March 12. In the video, Lubin said that artists are “set to benefit quite dramatically” from blockchain, as it allows them to attach policies and stipulations for how the content is consumed and shared i.e. derivative works, streaming, public performances, etc. In Lubin’s view, it also allows them to eliminate middlemen: “I think artists in the music industry on average capture about 11 or 12 percent of the value in the industry and those big record companies are sucking up 70 or so percent. We can replace those record companies with smart contracts on the Ethereum platform.” Lubin continu..

‘Give Automation a Try’: Firm Says Its Trading Bots Can Benefit...

sponsored Crypto trading can be time-consuming and difficult to navigate, but a company says its automated bots can be advantageous for beginners and pros alike. The company behind a cryptocurrency trading bot is encouraging beginners and experts alike to give automation a try — and says users of all backgrounds can save time by using their technology. Trade Santa says its “easy yet powerful” interface is an early Christmas gift for the crypto community, as it enables them to remain active in the market 24 hours a day, seven days a week. According to the platform, “Hodlers” are among those who can benefit from its service. Trade Santa says its interface means they have the chance to make their assets work for them, all by configuring the bot’s parameters around their strategies and connecting it with their chosen exchange. For day traders, the company says its technology allows them to save time when compared with entering orders manually. Using settings that include Take Profit Leve..

BitMax.io Launches Innovative Mining to Benefit Crypto Trading and Exchange Community

Advertisement This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. BitMax.io is a global operator of innovative digital asset trading platform with a broad range of products and services for global retail and institutional clients. With its relentless focus on transparency, reliability, and quality of execution and client services, BitMax.io has established itself as a clear leader in the crypto trading and exchange space. The project’s roadmap has numerous user-friendly features, trader-focused services, and investment-grade solutions that can be used by crypto enthusiasts of all types. One of these, an innovative mining solution, will be launched, and first phase publi..

Mastercard Patent Claims Cryptocurrency Can Benefit From Fractional Reserve Banking

Payment processing giant Mastercard wants to patent a new method of simultaneous crypto and fiat storage. U.S. multinational financial services corporation Mastercard wants to apply principles of fractional reserve banking to cryptocurrency, a new patent application published Thursday, Oct. 25 reveals. According to the document, published by the U.S. Patent & Trademark Office (USPTO), the payment processor has plans to allow merchants to interact with what it calls “blockchain currencies” via a new method of simultaneous crypto and fiat storage. Specifically, reference is made to “methods for managing fractional reserves of blockchain currency.” Mastercard has offered a mixed public stance on cryptocurrency in recent years, this month winning a further blockchain-related patent, while signalling along with Visa it may classify cryptocurrency and ICOs as “high risk.” In its new filing, the company appears to wish to apply principles of the fiat banking system, which it considers “are s..

New Energy Efficient Samsung Chips Could Benefit Crypto Miners

Samsung has launched a new production process for its 7nm chips, making them more energy efficient, which could prove a boon for crypto miners. Samsung’s production wing, Samsung Foundry, has launched a new production process of its 7-nanometer (nm) Low Power Plus (7LPP) process node, which could reduce its energy consumption by up to 50 percent, according to an official press release Oct. 18. The new process, based on extreme ultraviolet (EUV) lithography technology, makes the new 7LPP chips more dense (area efficient) and energy efficient. This could have positive implications for crypto miners usings Samsung’s hardware, as energy costs prove to be a critical factor in the industry’s profitability. As mining hardware develops at a rapid pace, chips continue to become smaller and more efficient. In April, Samsung manufactured 10nm hardware for Halong Mining’s DragonMint T1. According to Samsung, the new EUV-based 7LPP process node is a big push of Samsung Foundry’s technology roadma..

Korean Entrepreneur Seizes Blockchain’s Promise to Benefit Humanity

Advertisement This is a sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. WIZBL, a true dispersion ecosystem that optimizes transaction processes and verification speeds so blocks can be handled at 1 million transactions per second, aspires to bring the full democratizing benefits of blockchain technology to society worldwide. The platform, which eliminates data concentration on its central server and reduces central processing unit energy consumption while maximizing security, was inspired by founder and CEO Andy Ryu. He believes blockchain can work in tandem with nature to benefit all of humanity. WIZBL Coin completed its ICO earlier this year, and the technology has already been deployed to improve resource management in a developing country. The long-term goal is to provide a new global standard blockchain ecosystem based on WIZBL’s Blockchain Real-Time Ecosystem (BRTE). Ryu d..
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