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Major Tokyo Company To Use Blockchain To Trade Excessive Electricity

A local report indicated that Tokyo Electrical Energy Firm Holdings Inc (TEPCO) has partnered with the Japanese trading company Itochu Corp, to develop a blockchain-based platform to trade surplus of electricity between households.Blockchain-based Trading Platform For ElectricityAccording to the Nikkei, TEPCO and Itochu signed the partnership to utilize blockchain technology for the upcoming product. The two organizations began initial development stages for the innovative trading platform...

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President Trump Told Secretary Mnuchin To Go After Bitcoin in 2018, Bolton’s Book Reportedly Reads

President Donald Trump has urged Treasury Secretary Steven Mnuchin to “go after Bitcoin” as early as mid-2018 amid the ongoing trade war with China, according to an unpublished book written by his former national security advisor John Bolton.Trump Against BitcoinPresident Trump has not been supportive of any cryptocurrency as he pointed out himself in July 2019:“I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air....

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Ontology Network Partners With Leading Swiss Crypto Firm Bitcoin Suisse

Blockchain project Ontology Network has partnered with Switzerland’s leading crypto-financial service provider, Bitcoin Suisse AG, to strengthen the European and Asian ecosystems.Ontology is a high-performance platform that supports collaboration among public blockchain and distributed ledgers that can be customized for different applications.Cross-market CollaborationThe partnership allows Bitcoin Suisse to list Ontology’s native token, ONT, for trading on its exchange, and in return,...

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Binance to Launch UK Trading Platform This Summer

Already this summer Binance will start offering customers in the United Kingdom a possibility to buy and trade digital assets with the pound sterling and euro.Binance, the blockchain company behind the largest cryptocurrency exchange, has announced that it plans to launch its service dedicated to serving the UK market.According to Wednesday’s release by the company, the planned launch would enable customers in the United Kingdom to buy and trade digital assets with the pound sterling and...

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The Mystery Unveiled: The Exchange That Sent The $5 Million Ethereum Fees Transactions

A popular blockchain security company finally revealed who was the sender of last week’s Ethereum transactions with abnormally high fees.Reportedly, it’s a small South Korean cryptocurrency exchange that pays little to no attention to its security protocols.The BackstoryLast week, CryptoPotato reported on two transactions with abnormally high fees that took place on Ethereum’s network. Both of them were sent out from the same address. The first carried 0.55 ETH and paid a fee of 10,668 ETH,...

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Deloitte’s 2020 Survey Shows 40% of Companies Worldwide Now Have Blockchain in Production

39% of the participants of the survey conducted by Deloitte have incorporated the DLT into their organizational operations such as in production.A recent survey by Deloitte shows that more companies are paying attention to blockchain technology. The study which was conducted from February 6, 2020, and lasted for about a month polled the opinion of 1,488 top company officials from 14 countries.The result of the survey indicates that blockchain is evolving from a peripheral disruptive...

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Loopring Lists pBTC: A Quicker Cross-Chain Bridge From Bitcoin to Ethereum

The non-custodial, decentralized exchange, Loopring, has listed pBTC – a token that acts as a fully-backed Bitcoin equivalent on the Ethereum blockchain.The addition of pBTC to Loopring – the fastest decentralized exchange (DEX) based on Ethereum – gives Bitcoin users a quick on-ramp to Ethereum’s decentralized finance (DeFi) ecosystem.Loopring Lists pBTCProvable Things – the developers of pBTC – announced the listing of pBTC against stablecoin Tether (USDT) on June 16. According to...

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World Economic Forum Names Chainlink a 2020 Pioneer

Chainlink has been included in a top list of technology pioneers by the World Economic Forum. The selection consists of some of the biggest names which are leaving their mark in several industries, including blockchain and other tech innovations.Among The Most Promising Tech IntegratorsUpon the 20th anniversary of the Tech Pioneers community, The World Economic Forum has chosen the top 100 technology-oriented companies, possibly able to shape industries. The pioneers are delivering technology...

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REN Skyrockets 40% Following the Mainnet Launch

Ren, the open-source protocol enabling permissionless and private transfers of value between any blockchain, launched its mainnet and a dApp utilizing it within a few weeks.Interestingly, the protocol’s native cryptocurrency REN has gained more than 40% of value in the same period.Ren Launches RenVM MainnetThe blockchain-based company announced the release of its RenVM Mainnet in late May, asserting that it’s the “beginning of a cross-chain era for DeFi,” as it “brings interoperability” to...

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Unilever to Use Blockchain to Tackle Deforestation, Invests $1 Billion in Climate Change Initiatives

Unilever first started thinking of environment-friendly policy and fighting climate change back in 2010. At that time, it set its first climate target. By 2039, 11 years before the 2050 Paris Agreement deadline, Unilever plans to achieve net-zero emissions.British-Dutch multinational consumer goods company Unilever NV (AMS: UNA) is making a significant contribution to fight climate change. On Monday, the company unveiled its set of measures to protect the environment and integrate blockchain...

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