Coinsource´s American Bitcoin ATM Network Expands to Washington DC with 20 New ATM Machines

Samuel Larreal
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Coinsource´s American Bitcoin ATM Network Expands to Washington DC with 20 New ATM Machines

      Every day the accessibility of Bitcoin in the US grows as more services expands in its territory. The American bitcoin ATM network has arrived to Washington DC metropolitan area, adding 20 new instalments to the almost 200 machines part of the network.

This incursion into the capital territory means a new milestone to the Texas-based company Coinsure, which just announced the twenty new machines that will be installed across the District of Columbia and Maryland, spread on strategic areas.

In Washington DC restaurants, bookshops and other small-local businesses have been accepting bitcoin as way of payment since 2017. This emergent support makes DC a good shoot to expand the bitcoin and its benefits, and “make it more accessible to the people” as Sheffield Clark, CEO of Coinsource, said

“We are meeting Washington D.C. at an inflection point, where regulators are looking at the value and potential of decentralized currencies and blockchain technology”

-Sheffield Clark

According to official the new Washington DC network will be distributed like this: a dozen in Washington DC, five in Baltimore, one in Towson, one in Oxon Hill, and one in Takoma Park. Locations that, according to Coinsource research, are the more accessible to the current bitcoin users in DC.

“All innovation over time has passed through our Nation’s Capital in one way or another, and we are happy to be now servicing Washington D.C. and the surrounding communities so that they can have easy access to buying and selling Bitcoin.”

Coinsource’s network has expanded rapidly over the US territory in the lasts years over 180 machines have been installed in more than 18 states, including the recently added 10 bitcoin ATM Machines in Rhode Island, New Hampshire, and Massachusetts in early February

“We are expanding the Bitcoin ATM market further than it’s ever been in D.C., offering the lowest rates, exclusive remote enrollment and allowing for at-home account registration. This installment is especially significant to Coinsource… As a company I feel that we have been able to provide financial freedom to the underbanked and unbanked, and I am happy to bring our services to D.C.”

-Bobby Sharp CMO of Coinsource.

 

by Samuel Larreal

Korean Tech Giant Samsung is Producing ASIC Chips for Halong Mining

Samuel Larreal
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Korean Tech Giant Samsung is Producing ASIC Chips for Halong Mining

The world’s biggest chip sets seller, recently surpassing Intel in total amount of sales, confirmed it has started manufacturing ASIC chips specialized in cryptocurrency Mining (Bitcoin, Ether and others) for the hardware manufacturer Halong Mining.

Korean media has claimed since January 2018 the tech giant was working in a project related to blockchain technology in collaboration with an “unnamed” Chinese Mining Company, On April 10 rumors confirmed as online mining rig retailer “MyRig” posted a picture on their twitter account showing a piece of semiconductor material known as “Wafer”. MyRig wrote that the material was being used in the “Fabrication of Integrated circuits” produced by Samsung.

Recently Samsung has shown interest on being part of the mining technology market selling “High capacity memory chips” for GPUs, which apart of being used to handle computer graphics, possesses great mining capabilities.

This Samsung-Halong partnership would mean a real competition with the leader of the current market, the Taiwanese company TSMC which revenues has increased from $350 to $400 Million thanks to the development in cryptocurrency technology.

Although Halong Mining has being cautious regarding their new alliance their first miner, The Dragonmint T1 could stand among the most efficient miners of the world, some says, it could beat the Bitmain´s Antminer S9 in terms of performance.

The Dragnmint works with Halong´s Software “AsicBoost”, developed by in 2016 by CoinTerra CTO Timo Hanke, which increases overall efficiency by exploiting a portion of Bitcoin´s proof-of-work algorithm, allowing miners to take “Shortcuts” to find new Blocks. Thanks to Halong´s membership with the Blockchain Defensive Patent Licence (BDPL) this software is available to multiple mining companies.

Acording to BtcDark the Dragonmint is “the most advance miner to the date” claiming its “30 percent more energy efficient” than the antminer S9, and being able to produce “16 tera-hashes per second”

” We started a mining project with the aim to bring much needed competition to the markets”

Samsung incursions with mining technology doesn`t stops with Halong, the company also worked with Ebang last year, debeloping DW1228 chips for its new bitcoing mining machines Ebit E9++ and E10, released in February and selling out almost inmetdietly, this positives results could lead to a major investment of Samsung in Cryptocurrency and blockchain- technology, meaning a new and big competition to the leaders of the mining market.

 

by Samuel Larreal

Banco Santander Launches 1st Blockchain-Based International Money Transfer Services

Samuel Larreal
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Banco Santander Launches 1st Blockchain-Based International Money Transfer Services

     Yesterday April 12/04 Banco Santander, one of the world’s largest banks with more than 130 million customers, announced the launch of its new and innovative payment service, based in blockchain technology “OnePay FX”.

Available to retail customers in, Spain, UK, Brazil and Poland, the service is planned to expand to more countries in the coming month. “OnePay FX” makes possible for customers, in many cases, complete international transfers on the same day it is made. According to the Santander more features will be added in the near future, just possible with blockchain technology, such as

“international payments in several markets before the summer, making it significantly faster than existing international payment services.”

“One Pay FX uses blockchain-based technology to provide a fast, simple and secure way to transfer money internationally – offering value, transparency, and the trust and service customers expect from a bank like Santander. … Our goal is to help the thousands of people who use international payments services every day, and we will be adding more currencies and destinations in the coming months.” Said Ana Botín, Executive Chairman of Banco Santander.

With the launch of this service Santander becomes the first bank to apply the benefits of blockchain technology to international payment services, this new service uses xCurrent a technology based on distributed ledgers, developed by Ripple. Startup taken by InnoVentures, Santander`s fintech venture capital found.

“Blockchain technology offers tremendous opportunities to improve the services we offer our customers, and the launch of Santander One Pay FX is the first of many potential applications” Declared Ana Botín.

Santander`s InnoVentures, with their $200 million capital found, promises interesting new services coming in the future, with more than 20 investments in promising financial technology like artificial intelligence, big data, blockchain, payments, financial advisory, SME and automobile finance or mortgages.

Projects like this one reinforces the trust on blockchain technology all over the world and promises the elimination of global payment frictions as more financial institutions like Santander adopt and build upon Ripple solutions.

 

by Samuel Larreal

$1000 Blockchain Phone Manufactured by Faxconn

Samuel Larreal
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$1000 Blockchain Phone Manufactured by Faxconn

     The Swiss startup from Sirin Labs (https://sirinlabs.com/), partnered with Faxconn, codenamed as finney is the new initiative to apply Blockchain technology to the mobile field.

In late 2017 Sirin Labs announced their first Blockchain, Android based, smartphone with different new features such as build-in encrypted communications, Cold Storage Criptocurrency Wallet, and Peer to Peer resource sharing, with a launching price of 999$, although Sirin Labs are planning on licensing its technology to bigger manufacturers in order to low its current price to a more affordable $200.

The startup for the production of the Finney raised $158 million, with more than 25,000 preorders, according to the company. It´s not wrong to say cryptocurrency enthusiast and early adopters and exited about this project, due to this interest of the community Faxconn the Taiwanese giant of technology is currently getting on board to manufacture this innovative project.

‘It will let owners shop on crypto friendly sites like Overstock.com and Expedia, converting cash into specialized tokens if needed,’ an excerpt from the report read. ‘Users may also activate their phone’s Wi-Fi while commuting and get paid in tokens by fellow bus riders looking for access to a wireless network.’

The smartphone is expected to arrive to online stores on October in eight different countries including Turkey and Vietnam. Sirin chief executive Moshe Hogeg expects to sell the Finney through mobile carriers in the future with a shipping target between 100,000 to more than one million phones to te end of 2018. Watch the launching trailer using this link https://sirinlabs.com/

 

by Samuel Larreal

Blockchain Nation Miami Presents – Daymond John

cwjadmin
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Blockchain Nation Miami Presents – Daymond John

Crypto World Journal is proud to announce that “The People’s Shark”, Daymond John will be a featured speaker at their upcoming event, Blockchain Nation!

Daymond Garfield John is an American businessman, investor, television personality, author, and motivational speaker. He is best known as the founder, president, and CEO of FUBU, and appears as an investor on the ABC reality television series Shark Tank. Based in New York City, John is the founder of The Shark Group.

Blockchain Nation will take place on April 25th and 26th at the Kovens Conference Center (3000 Northeast 151st Street, North Miami, FL, United States), and feature speakers such as: famed investor, Jim Rogers; Frank Abagnale Jr. from “Catch Me if you Can”; investor and executive, Andrew “Flip” Filipowski; Ronnie Moas of Standpoint Research and more.  Blockchain Nation will also feature key government officials, top industry attorneys and top industry influencers and professionals.  Blockchain Nation  is expecting 3,000 guests as well as 75 speakers from around the world and the event will be covered by major media outlets such as Bloomberg, Times, NBC and CNBC.

Valuable information

Blockchain Nation will not only be a great way to relax and enjoy amazing speakers with a beautiful, 180° view of Biscayne Bay, but it will also be jam packed with valuable blockchain education, including: high profile speakers, government panels, and intimate, classroom-style, educational events.  The topics discussed will include: blockchain use; cyber security; compliance and regulation; entrepreneurship and innovation; global investment strategies, techniques and expectations; blockchain application to renewable energy; big data analytics; artificial intelligence; blockchain technology trends; cryptocurrencies; ICOs; opportunities for real estate; and logistics.  There will be both large audience presentations as well as simultaneous breakout sessions where attendees will be able to have the opportunity to dive into specific topics in a more intimate setting.

Don’t forget to purchase a VIP ticket, for exclusive access to speakers and a special VIP dinner!

The organizer of the event is Crypto World Journal – Committed to “Building a Better Blockchain Community” through valuable education, networking and credible and relevant industry news.

For more information and to purchase your ticket, please go to www.BCnation.com.

Andrus Ansip Vice-President of European Commission: Blockchain “Is Going Mainstream”

Samuel Larreal
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Andrus Ansip Vice-President of European Commission: Blockchain “Is Going Mainstream”

     Andrus Ansip calls for the EU to “play the leading role” in blockchain developing and Artificial Intelligence in his speech at the European Commission’s Digital Day, in Brussels this Tuesday, April 10.

Ansip remarks the importance of Europe becoming the world leader in technology, in a world that day by day becomes more competitive in this field.

“Blockchain is now moving out if the lab and going mainstream. As with artificial intelligence “

According to the Vice president Blockchain “is one of the areas where Europe is the best positioned to play a leading role” quoting a British international firm, Atomico, The EU is “Home to the world`s leading AI research community”.

Ansip urged the European Union and European Commission to take the world leadership in digital technology, by supporting the European tech sector “Both political and financially”. He stressed the need of EU governments to contribute to the fast growing Blockchain technology sector “we should make the most of this new opportunity to innovate”

“Technological development needs the right conditions and infrastructure and none of this comes for free”

“For the Digital Single Market to work for people and business, to advance on our digital priorities, to make sure that Europe is a world digital leader: we need a Hard Cash” Declares the EC Vice-President European Commission is playing a big role in the technological development of the EU, In March they revealed their plans to joint regulatory framework on Financial Tech, Including Blockchain and Crowd founding standards, also launched the EU Blockchain Observatory and Forum in partnership with the Ethereum startup ConsenSys with the intention to invest 300 million euros in blockchain related projects

by Samuel Larreal

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