The book was presented at the Faculty of Economic Sciences of the University of La Plata by three of its professors. They believe that it is a first approach to the teaching of cryptocurrency technology in the academia.

At a meeting of accountants held at the National University of La Plata on Wednesday, November 13^th, the role of the accounting profession was discussed in the face of new technologies. Within that framework, the book whose title translates as Introduction to Cryptocurrencies was presented by its author’s ACCT. Ana María Buzzi, B.A. Mario E. Cittadini, and ACCT. Máximo De Oliveira.

It should be noted that these professionals perform teaching duties in this important educational center. In addition, they took the opportunity to talk about the main cryptocurrency Bitcoin, as well as several general concepts that should be considered by the accountants and students present, regarding this technology.

The experts explained the positions of several Nobel Prize winners in economics on the impact of Bitcoin, while reflecting on the possibilities and the new paradigm of decentralized economies.

Among other details that the authors made known about the book, they explained that it arose as a result of a ransomware attack that encrypted the data of the study where they worked and for which the cybercriminal requested a ransom in Bitcoin. Following that event, they proceeded to investigate the subject and eventually produced this academic work. In addition, they stressed that it is impossible not to teach about cryptocurrencies in the Faculty of Economic Sciences of this university.

The authors explained that the intellectual work, which covers basic concepts of cryptocurrencies, blockchain, and ICO (Initial Currency Offering), is an excellent way to give graduated students and accountants a first approximation of this technology. The book does not attempt to touch on technical issues in-depth but rather explain technology from the perspective of these three professors of the faculty.

Mr. Mario Cittadini said that cryptocurrencies are here to stay and believe that the book provides preliminary preparation for the subject. However, he said that the different chairs of the degree program will work together to deepen the issue due to its complexity. The considerations on audits in a blockchain for the accountant’s profession were presented by professors ACCT Carlos A. Rumitti and B.A. Raúl E. Champredonde.

First Academic Work on Cryptocurrencies in La Plata

The author Máximo De Oliveira noted that it was a great challenge to write the book Introduction to Cryptocurrencies, since it presented them with a totally different way of approaching finances from the one to which they were accustomed. In addition, he believes that technology will continue to evolve and that the text was an exciting discovery, of which only the first steps are being taken.

In this city, the Crypto La Plata community conducts cryptocurrency teaching activities and there is a Research Laboratory –UTN Blockchain Lab– at the National Technological University, in which various events on blockchain technology have been held. However, this has been the first academic work in the capital of Buenos Aires that culminates with the publication of an educational book.

By Willmen Blanco

Max Keiser is one of the most important crypto influencers today, so his opinion about Bitcoin is of great value.

There is no doubt that, within the crypto community, Max Keiser is recognized as one of the most influential figures. It should be noted that this crypto influencer’s analytical opinion on Bitcoin is followed by the majority of cryptocurrency users. For this reason, it is worth taking stock of Keiser’s main ideas about the present and future of the main cryptocurrency.

Who Is Max Keiser

First of all, it is necessary to make clear who Max Keiser is to understand his opinion and why it is so important to users of the crypto world. It should be mentioned that Keiser is an American journalist and stockbroker, who is widely known for his “Keiser Report” program broadcast on the Russia Today television channel.

Also, he also participates in the Iranian television program “On the Edge,” he writes for The Huffington Post and has his program on financial matters on London’s Resonance FM, so he would be a known media figure in the world of international financial investment.

However, what really triggered the popularity of Max Keiser, and related it directly to Bitcoin, was an interview that he had with Deputy George Galloway in 2013. On that occasion, he stated that if he were the Mayor of London, the economy of the entire city would be based on BTC, which has made him a figure recognized by the crypto community.

Since that time, Max Keiser has remained associated with the world of cryptocurrencies, launching his virtual currency, MaxCoin, in 2014. He also launched “StartJOIN” for the StartJOIN crowdfunding site, as well as the capital fund for investment in cryptocurrencies “Bitcoin Capital.”

For this reason, Max Keiser’s programs have eventually become bastions, within the traditional media, for the defense of cryptocurrencies and Bitcoin. This is in agreement with the ideology of Keiser, who is a declared anarchist.

His Opinion on Bitcoin

Not surprisingly, Keiser defends cryptocurrencies in general, devoting a significant amount of his time to supporting Bitcoin. The analyst sees this cryptocurrency as an active store of value, with significant advantages over gold, thanks to the decentralization and self-management that characterize it.

Keiser has even aroused controversy by stating that cryptocurrencies would have already exceeded fiat money or that Bitcoin will maintain its bullish trend, especially as its hash rate continues to grow. This represents greater computing power within the network, greater security, and an increase in the interest in the cryptocurrency.

In that way, Keiser’s optimistic view of the future of Bitcoin would be supported by the analysis he has made of the crypto market over the years. His clues about the future of BTC and the crypto asset market are of vital importance for anyone that wants to venture into the crypto market. It should be noted that Bitcoin has been able to survive drastic falls, from which it has managed to rise despite the pessimistic forecasts of its opponents.

By Willmen Blanco

Two of the most important video game companies in the industry, Ultra, and Ubisoft, believe that blockchain technology could improve their platforms

Ubisoft and Ultra have decided to implement blockchain technology to adapt it to the video game industry to improve efficiency in the development of new editions.

In one of the strongest bets, Ultra believes that blockchain technology and digital currencies can provide the industry with powerful support for the distribution of new games that would go on the market, as well as help players dedicated to specific titles.

For these reasons, Ultra decided to ally with the video game giant Ubisoft so that the company’s platform designed for the players of its platform can be used. Ubisoft would lend its blockchain network, aimed at its players, to help certify purchase and distribution transactions.

It is important to clarify that Ultra has developed its blockchain platform called UOS, which was designed to have active participation in the video game industry. However, at this time the company does not feel qualified to fully commission its services.

It is for this reason that a collaboration agreement was reached with Ubisoft. The video game giant will collaborate with Ultra in the process of starting its services with blockchain, as well as making sure that it works perfectly.

Many video game companies have decided to enter and use blockchain technology in their distribution and development of new games. This even leads companies to mount their new titles with cryptographic technology in mind. But these companies are aware that these platforms have enough strength to affect their businesses and their processes, which is why it is necessary to carefully treat the blockchain.

Video Games and Blockchain: Partners of The Technological Future

It is known that this platform will allow the creation of new assets for the games that will be launched. These assets can be transferred between players and would function as payments for digital objects, among other things.

Ultra producers comment that it is important to leave open all possibilities for them to grow within the crypto industry. And, thus, help to finish the task of technical validation of their processes.

When announcing this alliance, Nicolas Gilot, who is CO-CEO of Ultra, commented that they are very excited by this agreement that will allow verifying that blockchain technology can be used to boost the videogame industry.

Since Ubisoft is already a leader in the gaming industry and shows its commitment to test blockchain as a viable technology for games, we are very excited to announce our first such cooperation with them”.

Besides, some titles that have been exploring blockchain technology within the industry were released. “Ubisoft’s broad portfolio of world-renowned brands, which include Assassin’s Creed, Just Dance, and Far Cry, is a testament to their dedication to creating quality content for everyone, and their dedication for years to explore technology. blockchain ensures that they have the knowledge and skills to be excellent block producers”.

In another sense, Nicolas Pouard, who is CEO of Ubisoft, mentioned that this alliance will help players find blockchain solutions within the industry. “Our team at the Strategic Innovation Laboratory strongly believes that all blockchain use cases bring value to players that are important to support, and Ultra offers a solution that does exactly that. During this first collaborative trial period, we hope to help them take it to a larger scale and experiment with the possibilities that this opens up for the industry”.

Undoubtedly, this alliance will help increase credibility in blockchain technology and strengthen the video game industry that is becoming the strongest and most powerful entertainment industry.

By María Rodríguez

To focus efforts in the automobile sector, JP Morgan, one of the largest banks in the world, is developing a blockchain platform designed by the company to create an application that helps track cars

Since its creation, blockchain technology has become one of the most important and valuable business tools of the new century. This technology has given companies, governments, and institutions a system capable of facilitating managerial and administrative processes that used to take weeks, and now only a few minutes, to be ready. JP Morgan is very clear about this premise that now plans to strengthen and direct specific economic sectors like the automotive industry.

The Platform ​​Created by JP Morgan

After an important effort made by the company to develop and investigate blockchain technology, it can now be tested at the business level. JP Morgan would seek to use the blockchain platform in its multiple businesses, counting, without doubt, the level of international transactions. They are also evaluating its use in the automotive sector.

The institution would have developed a tool capable of tracking cars using its blockchain platform. This would provide a demanding commitment to suppliers and users. This will work as follows: dealers who purchase their cars using a loan made by the bank will not be able to determine that the loan money used to acquire a vehicle will be a different one.

In this way, this process would help to maintain the security of the bank’s loans. It would make the recognition of vehicles more effective, thus, avoiding the need to require tests and documents necessary to certify that the car is the one specified. In this way, it would cut significant expenses for the institution and the users and would accelerate the settlement of payments and collections of debts with the bank.

JP Morgan is already evaluating the system and testing all the tools to put the network into operation. Current plans determine that they will seek to extend their application to all car dealers who have agreements with the financial institution.

This determines that the use of blockchain technology is increasingly close to being fully applicable to all sectors of the economy.

Blockchain ​​Technology: A Very Wide Field for Business Systems

To determine the impact that blockchain technology has had on current business processes, we must be aware that this technology could be applicable in many aspects. Noting that it can expedite administrative processes, increasing transparency, facilitating accounting records and reducing costs.

Being aware of these advantages, many companies worldwide compete to develop better blockchain tools that help their companies to be more efficient. JP Morgan, one of the largest and most powerful banks in the world, has invested great efforts to create a blockchain platform that not only helps them improve financial processes, but can also be used for other more administrative and managerial purposes.

This is the case of the automotive sector in an innovative attempt to improve the security of buyers and final users.

By María Rodríguez

It is known that the pilot test is already underway and that it may be put into operation during the rest of the year, once the tests have been completed.

To certify costs in the electricity sector and, thus, establish a fuel stock to improve service for customers, the National Electric Coordinator of Chile (CEN) said they are evaluating a blockchain tool, which is created and based on the Hyperledger Fabric system. This piece of news was announced recently along with the pilot plant.

To reach this initiative, Juan Carlos Olmedo, who is President of the CEN Board of Directors, organized a meeting with the press in Santiago, where, through a statement, it was detailed that they will do a value test to improve customer services using the blockchain system.

Olmedo said that they should pay much attention to the benefits that this technology can bring for fuel costs and stock. “After studying and analyzing the attributes of this technology, it was decided to evaluate its application in the process of cost declarations and fuel stock”.

In the previous system of the blockchain platform, they managed the data manually or digitally but with the risk of being modified. This won’t happen anymore when the blockchain is installed. The power generators agents will send the information and, in this way, thanks to this platform, the data cannot be changed.

To know more about the initiative, a local media talked with Ricardo Ruano, CEO of Business Blockchain SpA, who is responsible for carrying out the pilot plan of the Hyperledger system and then implementing it.

The executive mentioned that the company was asked to create a system that would allow it to deploy a blockchain network with a combined structure. This would be possible using nodes in Amazon Web Services (AWS), as well as other nodes in local data centers, something that will help all the companies associated with CEN, to join the network without having to change the infrastructure.

The CEO explained the process he needs for the validation and approval of the generated energy. “The information about the cost, stock and fuel mixture declarations is used to determine the costs of the operation of the National Electric System. Every day and at every moment, the power generators send that information to the CEN to pass a validation, calculation and approval process which issues a certificate authorizing the generation of energy”, he concluded.

Besides, he highlights that it is important for the project that the information used be immutable, transparent and with a high level of traceability, as this significantly impacts the economy of citizens. Although they are still in the testing phase, it is expected that by the end of this year the project can reach the implementation or production level.

The surprises will continue while blockchain technology is used in more and more fields and industries due to the advantages that it offers.

By María Rodríguez

Morocco will use blockchain technology to benefit the less favored sectors.

As part of a plan to improve financial services, Morocco will seek to expand and optimize its services using a blockchain network, which will be integrated with the country’s commercial and financial sector.

Abdellatif Jovahri, who is Governor of the Central Bank of Morocco, made a public intervention during the Africa Blockchain summit held in Rabat. During his speech, he commented that the necessary mechanisms are being developed in the country to mount the latest in financial technology to be on par with the rest of the world.

The news of his intervention was also published in a report of the local media Morocco World News, last November 21^st, where the movement was also pointed out as a plan of integration and financial inclusion so that citizens can add their businesses to the global economic system. This is part of a strategy, driven by the government that is being designed to favor the most vulnerable citizens.

In this way, Jouahri added that once the blockchain application is up and running, it would benefit citizens who are not in a formal banking system, since it would give “all people and businesses fair access to formal financial products and services… to promote economic and social inclusion”, he concluded.

Being all about the technology, the Governor of the Central Bank of Morocco expressed his position on these new financial advances and said: “Blockchain is by far the most disruptive technology of this decade”.

As this alternative would also be designed for unfavorable economic sectors, the Central Bank will develop applications aimed at small-scale economic models to provide financial services at very low costs, with transactions with very low commissions and settlements of digital origin quickly and safe.

Morocco’s Foray into Blockchain Technology

It is not the first time that the country has made incursions into these alternative technologies. A few months ago, Morocco tried, together with other international organizations, a decentralized registration system that would allow, for the first time in the world, to make the liquidation of values ​​between several countries of the world using two central deposits as main axes. As it was known a short time later, everything was done using the Quartz blockchain.

In another initiative, but more recently, last September the country managed to install a crypto mining stand with an equivalent power of 36 megawatts. This is due to an alliance with Soluna, a mining company of American origin that specializes in Bitcoin mining (BTC).

The agreement determined the alliance as a purchase of energy. In this way, the mining company would carry out the installation of a point within the country where it would carry out the mining process. This would also help, without a doubt, to expand their business across the continent.

Morocco has become one of the most open countries in Africa to use blockchain technology and cryptocurrencies to improve factors in its economy, which is unstable.

Besides, they are deeply concerned about not being outdated with the financial technologies that are taking place in the rest of the world so they probably will continue investigating this technology and looking for new ways to apply it to achieve more and more benefits.

By María Rodríguez