Singapore-based Stablecoin, Terra, Launches Crypto Payments on Music Streaming Service

The South Korean market , Terra announced yet another partnership – bringing the total number of in its network to twenty five. In an official report, Terra announced they will be incorporated as a payment method on South Korean music streaming platform, Bugs. South Korea is quickly accepting cryptocurrency solutions as a […]
Source: bitcoinexchangeguide
Singapore-based Stablecoin, Terra, Launches Crypto Payments on Music Streaming Service

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New Blockchain-Based Smart City Project Planned for Cambodian Capital

A Singaporean startup, Limestone Network, is using to sustain a smart neighbourhood in Phnom Penh


Source: cointelegraph
New Blockchain-Based Smart City Project Planned for Cambodian Capital

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NYC-Based Quontic Bank Opens its Doors to Crypto Companies

“We’re looking to diversify our product offering and our customer mix by entering into [cryptocurrency.]”
Source: financemagnates
NYC-Based Quontic Bank Opens its Doors to Crypto Companies

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5 UAE based Islamic insurance companies to use blockchain

Addenda, a - InsurTech firm that in expanded with five insurance to use on its platform. Addend has expanded its portfolio of customers by adding five other insurance firms. Addenda operates a platform that enables insurers to deal with claims and insurance procedures through . Addenda, the -based […]
Source: bitcoinwarrior
5 UAE based Islamic insurance companies to use blockchain

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iCoin Blockchain-Based Diamond Mining Platform Launches Initial Exchange Offering (IEO)

iCoin Blockchain-Based Diamond Mining Platform Launches Initial Exchange Offering (IEO)

project is poised to revolutionize the diamond mining ecosystem using a blend of decentralized technology and artificial intelligence. iCoin has launched its initial exchange offering (IEO) for early backers.

ICoin International is run by Millenium Mining Corporation and the project is focused on leveraging distributed ledger technology (DLT) and AI to deliver transparency, efficiency, and speed to the precious stones industry.

ICoin is collaborating with LATOKEN exchange to launch its IEO for early backers to support its development and growth.

Decentralized Diamonds

It’s no news that diamonds are one of the most sought after precious stones in the world due to their usefulness in both the industrial and social sectors.

Their beauty comes into play in the production of aesthetic jewelry and they also hold the record of being one of the hardest naturally occurring materials.

Despite the excellent properties of diamond, the lack of a proper monitoring system has made transparent and effective mining and distribution of this gem almost impossible, with draconian government policies further fueling illegal distribution of diamonds.

iCoin is looking to tokenize the diamond mining ecosystem and put in place a well-structured, real-time monitoring and auditing system powered by technologies like AI and blockchain technology.

iCoin will create a holistic business environment for diamonds to thrive and blossom into a new economy.

With blockchain and AI, iCoin aims to build a trustless and incorruptible network, create a system that uses smart contracts to execute transactions in real-time, foster transparency in all financial transactions and more.

Each diamond extraction will be time-stamped on the blockchain, making it entirely traceable throughout the supply chain.

Millennium Mining Corporation is located in diamond-rich Sierra Leone which exported over 15 million USD worth of diamonds in 2018.

Millenium Mining Corporation has carried out several tests in Baimbawai Pool in the Sewa River. on geological surveys, it is estimated that the pool contains about 1.5 million cubic meters of diamond-bearing gravel of high quality, ranging from 0.2 to 0.5 carat per cubic meter.

In total, it is estimated that there are between 200k to 750k carats of diamond in the pool and previous mining operations in the region has achieved as high as 4 carats per cubic meter.

Token Information

There are only 600 million ICOIN tokens ever to be minted and 10,000 tokens will be sold during the IEO at a price of $1 per token and a minimum investment of $100 per investor. 

Investors can purchase the ICOIN tokens with bitcoin (BTC), Ether (ETH) or USD through the Latoken exchange.

Investors will be able to receive and trade their ICOIN tokens immediately after the IEO.

The raised funds will be used to finance the diamond mining operation and support the iCoin ecosystem.

Whitepaper: https://icoin.ws/whitepaper 

Twitter: https://witter.com/projecticoin 

Facebook: http://fb.com/projecticoin 

Email: [email protected]

The post iCoin Blockchain-Based Diamond Mining Platform Launches Initial Exchange Offering (IEO) appeared first on ZyCrypto.


Source: zycrypto
iCoin Blockchain-Based Diamond Mining Platform Launches Initial Exchange Offering (IEO)

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Malta-Based Miner Sues Local BTC Mining Machines Over Power Consumption, Comes Out Victorious

Perhaps you aren’t into mining Bitcoins or any cryptocurrency, but here’s a question: who would you feel if you were to buy a BTC whose power consumption is higher in value than that of the coins it actually mines? Well, guess you’d be enraged like a Maltese Bitcoin who apparently sued a local […]
Source: bitcoinexchangeguide
Malta-Based Miner Sues Local BTC Mining Machines Over Power Consumption, Comes Out Victorious

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London-based Standard Chartered Will Start Using The Blockchain For Supply Chain Finance

Chartered, a bank in the U. K., has just made its first transaction using a -based supply chain application. According to the bank, they did it with Linklogis, a supply chain company based in China. The two signed the partnership back in February 2019. At the time, they agreed on collaborating […]
Source: bitcoinexchangeguide
London-based Standard Chartered Will Start Using The Blockchain For Supply Chain Finance

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NEO based Aphelion Wallet DEX adds support for bitcoin (BTC)

NEO based Aphelion Wallet DEX adds support for bitcoin (BTC) submitted by /u/cryptoninjas
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NEO based Aphelion Wallet DEX adds support for bitcoin (BTC)

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EOS-based USDT deposits are a go; LEO struggles to consolidate as altcoins bounce back – OBN

- deposits are a go; LEO struggles to consolidate as altcoins bounce back  OBNLEO operates under the guidance of Bitfinex, which is a leading exchange. A LEO token burn was announced via a Medium Post which came out during the …
Source: worldnewsoffice
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U.S-based crypto-companies losing competitive edge, claims Circle CEO as testimony before U.S Senate dawns

The ongoing battle between U.S lawmakers and popular -proponents is set to write yet another chapter. Circle CEO Jeremy Allaire is one such proponent and he’ll be testifying before the U.S Senate to give his input on the hearing titled, “Examining Regulatory Frameworks for Digital Currencies and .” Allaire will be doing so by representing […]
Source: bitcoinwarrior
U.S-based crypto-companies losing competitive edge, claims Circle CEO as testimony before U.S Senate dawns

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