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Introduction to Decred Officially launched in February 2016,  Decred  (DCR) is one of the first privacy-focused coins to hit the market. The crypto project makes use of a unique, hybridized consensus mechanism in order to ensure a perfect balance between users and miners, and aims to become the most powerful altcoin after  Bitcoin . One of the most interesting aspects of Decred is the fact that it takes advantage of a hybrid, part PoW, part PoS mining system. This ensures that no group can ever hope to control the flow of transactions or make changes to them without the community’s consent. In short, it makes sure that the whole decision-making process is as decentralized as it can be. As a project, Decred has a unique set of principles that it abides by. For starters, the project offers all its software free of charge (open-source). It also ensures that every potential or the existing user can share and communicate ideas and opinions without being censored. The p...

Emmanuel Macron, France President has recently recommended using  blockchain  technology to enhance the supply chain management in the European agriculture industry. President Macron made this known at the 56th International Agriculture Fair in Paris on Saturday. President Macron Wants Europe at the Top According to Macron, there is a need for unity among European nations for there to be any chance at getting completion from the global markets in China, Russia and the United States. Macron also pinpointed three main strategies which would help greatly towards driving the European agricultural market. These three strategies will not only help drive the economy, but it will also help the continent maintain a competitive edge, and further confirms that “no farmer or consumer wants to be subjected to the diktat of non-European countries.” The call for use of cutting edge technologies such as blockchain is one of these three strategies. Macron further stated that: “L...

Recently, we reported that Twitter co-founder Jack Dorsey, had joined the Lightning Torch network by sending 2860000 sats upon the request of entrepreneur and bitcoin community member, Matt Odell.As  previously explained , the ‘Lightning Torch’ is based off upon the concept of the famed Olympic Torch where users of the lightning network send transactions and to communicate use the hashtag #LNtrustchain. Each user receives the transaction, adds a nominal amount of 10,000 satoshis (about $0.34) and passes it to someone else.Taking a cue from the tremendous success, IndiaBits, an Indian bitcoin community group also kickstarted a similar campaign on Twitter, recently.⚡️ LN fun comes to India?? . We send 100k sats to 1st person we trust from comments.He/She passes on the torch with 10k sats added to it. The last recipient will be donating it to a non profit through PocketBits #LightningIndia  ? Follow The Torch –  https://t.co/jLG0weW4mY   pic.twitter...

According to a recent report, Ratuken, a leading Japanese e-commerce firm has made it known that it will be releasing a major update for its Rakuten Pay mobile app on the 18th of March and with reference to the company’s earnings report for 2018, the new structure for the app shows that it will start to support payments made using cryptocurrency in addition to fiat which it already support. Ratuken Updating its App According to the company’s newly released earnings report for the fourth quarter and full year of 2018, the updated version of the app will allow for “all payment solutions embedded into one platform.” This is in line with the company’s which is commonly referred to as ‘Japan’s Amazon’ earlier plans for full revisions of its corporate structure. These revisions include the company’s cryptocurrency exchange “Everybody’s Bitcoin” which was just launched as a payments subsidiary, Rakuten Payment. Also, the corporation’s prepaid card service, Rakuten Edy, has now bee...

According to a recent report, a bill which is meant to provide a legal framework for securities issued over blockchains (Blockchain Securities) has been passed by the European nation of Luxembourg on the 14th of February after 58 members voted in support of the legislation and only two voting against. Legal Certainty for Blockchain Securities The bill tagged Bill 7363 is aimed at offering financial market participants legal certainty regarding the issuance of securities using blockchain technology. While speaking about this, the chamber said: “The bill should provide greater certainty for investors and make the transfer of securities more efficient by reducing the number of intermediaries,” Furthermore, in April of 2013, Luxembourg via an amendment of a securities law passed in 2001, passed a bill which made it possible for it to legally issue “dematerialized securities”. Also, while putting into consideration technological developments that have taken place in recent years...

Almost a year after money transfer service Western Union announced that have begun experimenting with Ripple for settling transactions and for capital settlements, the company announced that the ‘experiment’ has indeed taken off.Molly Shea, Western Union’s Global Money Transfers General Manager, Asia Pacific, in a podcast with Analyse Asia  said , “We’re piloting some settlement tests with Ripple for certain corridors, the US Dollar and the Mexican peso is one example..learning about possible opportunities.. the options that we choose need to be legitimate and widely acceptable for consumer use. ”When asked about what she thinks is the future of blockchain and its application on remittance, she stated that physical currency will not be going anywhere. Shea added that cryptocurrency is still evolving and it is about staying knowledgeable about the technological advancement.Shea further said, “We have made an investment in a digital currency group. It’s a fun...