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Major Spanish energy company Iberdrola has conducted a blockchain trial with two local banks to track the origins and use of renewable energy. Spain’s major energy company, Iberdrola, has started using blockchain to track renewable energy, Spanish independent news agency Europa Press reports on Monday, Jan. 14. The first trial was conducted in cooperation with Kutxabank, a local bank based in the Basque Autonomous Community that owns a substantial part of Iberdrola's equity, and its subsidiary Cajasur. During the pilot, Iberdrola monitored the renewable energy delivered from two wind farms and one power station to banks’ offices located in Basque Country and the southern city of Cordoba. The company used Energy Web Foundation — an open source blockchain platform designed to fit the regulatory, operational and market needs of the energy sector— in their pilot. They found that blockchain enabled the company to establish a hierarchy of the producers and to automate the process of en..
Crypto hardware company Ledger has exhibited its new Bluetooth-enabled wallet in Las Vegas. Cryptocurrency hardware wallet firm Ledger has unveiled a new Bluetooth-based wallet today, Jan. 7, according to a press release shared with Cointelegraph. The wallet, called the Ledger Nano X, was shown at the CES 2019 conference in Las Vegas. At the same time, the firm has announced mobile app set to go live on Jan. 16, allowing its users to manage their transactions and check their balances from a mobile device. The Ledger Nano X will have the capacity to store 100 crypto assets. At the end of November, Ledger Nano S had begun to support altcoin Monero (XMR). In October, major technology company Sony had announced that it had created a contactless crypto hardware wallet that utilized IC smart technology. While the product’s release date is not yet known, Sony noted that the device would be able to manage private keys for storing private information on the blockchain as well as managing crypt..
Huobi plans to launch the company’s first crypto exchange — dedicated to EOS — in the first quarter of 2019. Huobi Group plans to launch the company’s first cryptocurrency exchange — which will be dedicated to EOS — in the first quarter of 2019, according to a press release sent to Cointelegraph on Dec. 29. The exchange will be reportedly launched by Huobi Pool, the group’s cryptocurrency mining arm. Cao Fei, the CEO of Huobi Pool, described the launch of the EOS exchange as “the next logical step in our support” as an EOS Block Producer (BP). The release states that the exchange will allow clients to trade in the altcoin EOS against several other cryptocurrencies. Huobi is currently the third-ranked crypto exchange based on the volume on CoinMarketCap, with around $774 million in 24 hour volume at press time. As Cointelegraph reported, the exchange recently also announced support for EOS on its derivative market. The daily traded volume on Huobi’s cryptocurrency derivative market als..
The rumors surrounding Tether and its USDT stablecoin continue to swirl with reports of fresh evidence proving reserves. Cryptocurrency stablecoin Tether (USDT) really does have fiat reserves equal to the value of tokens in circulation, Bloomberg claimed in a report today, Dec. 18. Citing “bank statements” it had “reviewed,” the publication became the latest source to add fuel to the controversy surrounding Tether, which has raged online since a series of legal tussles and banking reshuffles began last year. According to the statements, Tether, which issues and notionally backs up each unit of USDT with $1, had a combined fiat bank balance equal to or even higher than circulating USDT from September 2017 to July 2018, the latest month for which information was available. Tether also made $6.6 million in interest in the first half of 2018, Bloomberg claimed. Designed to be pegged at 1:1 with USD, USDT has seen considerable fluctuations in recent months. The company, along with cryptocu..
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. Bitcoin Press Release: New Russian-based data and mining centre Redstone has announced that it has nearly finished its construction and will begin operations in June, 2019. December 10th 2018, Krasnokamensk, Russia – New data and mining centre, Redstone is currently under construction in the Russian city of Krasnokamensk. Redstone will become a new home for digital currency miners from China, Russia and around the world. Redstone offers its clients the benefit of a convenient location, cheap electricity, perfect climate (avg. annual temp is 2°C) and accessible water for cooling. Redstone is presently bei..
Facebook has listed five new blockchain-related jobs on its careers page within the past three weeks. Facebook has listed five new blockchain-related jobs on its careers page within the past three weeks, two of which were first listed Dec. 5 and 6. The positions currently open for applicants are two software engineer roles, a data scientist post and a data engineer — all full-time roles at the company’s headquarters in Menlo Park, California. In the job description for blockchain engineer at the Facebook Blockchain Data Engineering team, the ad characterizes the position as “technically” and “intellectually challenging” work, which “will have massive global impact.” The most recently-listed role — Product Marketing Lead for the Facebook blockchain team — outlines that the team is “fundamental” to the company’s “mission” of problem solving and community building, and specifically in “exploring the opportunity the blockchain will bring.“ While the precise details of Facebook’s planned o..
A United Arab Emirates national oil company has successfully piloted a blockchain system for oil and gas production. The Abu Dhabi National Oil Company (ADNOC) has successfully collaborated with IBM to pilot a blockchain supply chain system, according to an ADNOC press release published on Dec. 9. The release notes that ADNOC — a state-owned oil company in the United Arab Emirates (UAE) — is reportedly among the world’s leading energy and petrochemical groups, with a daily output of about 3 million barrels of oil and 10.5 cubic feet of natural gas. The pilot project has “provided a single platform that tracks the quantities and financial values of each bilateral transaction” between the involved companies automating the accounting, the release reports. The system had been announced by the ADNOC Digital Unit Manager, Abdul Nasser Al Mughairbi, at the recent World Energy Capital Assembly in London. During the summit, he noted that “this could be the first application of blockchain in oi..
sponsored A company that enables thousands of retailers to act as virtual ATMs for crypto is challenging one of the biggest payment processing companies on the market. A crypto company that enables thousands of retailers to function as virtual ATMs for an array of cryptocurrencies has recently processed its largest single transaction to date, valued at over $3.44 million. Netcoins, which is aiming to simplify the process of buying and selling crypto by offering the public a trustworthy source for making purchases, says its performance has been strengthening — even despite the recent turbulence seen in the market. Mark Binns, the company’s CEO, said, “Despite the bear crypto market that is upon us, Netcoins continues to grow the top line transactional revenue number.” Binns went on, saying: “We have built our business on transactions and volume in the crypto marketplace, not the value of any underlying crypto asset. Volatility in the market – buying and selling volume – supports our ..
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. Music is a universal language that can be very uplifting. Moozicore has developed an App for venues that turns an otherwise simple background music playlist into a customer sourced interactive experience that Will Change The Way Background Music Is Played In Venues. Keeping patrons engaged by allowing them to help create the atmosphere inside the venue. San Francisco, CA – Nov 24th 2018, Moozicore Holding Company made international headlines this week with the launch of the Public Sale for the MooziCoin Gold ICO. The launch of the MZG Public Token Sale comes on the heels of a successful Pre-Sale phase wh..
Coinbase has lost a key member of its senior executive team, Bloomberg reports. The head of policy at Coinbase has left the U.S.’ largest exchange and wallet provider to work at investment giant Andreessen Horowitz, Bloomberg quotes a statement as confirming Nov. 22. Mike Lempres, who worked only briefly in the role after swapping over from being Coinbase’s legal head in September, had already decided to leave at the time, the publication says. Like all exchanges serving the U.S. market, Coinbase continues to battle patchwork regulatory frameworks that vary state to state, as well as ongoing reviews of the status of certain types of cryptocurrencies. While it remains unknown who will replace Lempres, head of legal at the company is currently Brian Brooks, who “took over most of his responsibilities.” “As chief legal and risk officer during a time of tremendous growth for Coinbase, Mike was instrumental in building the company’s legal and compliance functions and driving our vision of ..