Sberbank, one of the biggest state-owned Russian bank about to launch its first ICO

Sberbank ICB – state-owned, multinational investment bank, and asset management firm just announced their intention to test out a new ICO, by utilizing the Bank of Russia regulatory platform. The first coin transaction is planned to take place in late summer of 2018.

The platform will be using the NSD’s ( National Settlement Depository)  financial market structure, where every transaction will take place. NSD will be also responsible for registering, maintaining and record of the digital assets. Initial Coin Offering will be handled by Level One.

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Cryptocurrency Records Victory as Zimbabwe High Court Lifts Ban

Zimbabwe’s High Court lifted a ban that was imposed by the country’s Central Bank, which barred all banks and financial institutions from facilitating any cryptocurrency related transaction earlier in May. The bank opposed the use of cryptocurrencies because it felt that the nature of the transactions made cryptocurrencies an easy target for money laundering and terrorist funding activities.

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A Complete Evercoin Review

Evercoin is a cryptocurrency exchange service that lets its users exchange between a variety of cryptocurrencies without having to go through a registration process with the platform.

By eradicating the need for registration, Evercoin presents its users with the ability to use a sort of “pay as you go” service when it comes to buying and selling cryptocurrencies.

Established in mid-2017, Evercoin was based on the idea to provide users with a platform where they would be able to exchange between cryptocurrencies without having to go through weeks of verification before they were able to use any exchange services.

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UNOPS AND IOTA Come Together to Improve UN Efficiency

The United Nations Office for Project Services (UNOPS) has entered into a partnership with IOTA with a view to making use of its revolutionary blockless distributed ledger technology with a view to boosting its data management capacity and ultimately helping the UN achieve higher efficiency in its operations.

On May 22, 2018, the two organizations signed a Memorandum of Understanding containing the terms of the agreements at locations in New York and Berlin. The partnership is expected to assist UN operations in terms of administration and paperwork, real-time transaction processing and payments, and global supply chains which are all crucial to its operation.

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What is Switcheo – Complete Review

The growing number of hacking incidents against cryptocurrency exchanges and the subsequent need for stronger security measures has raised a question on the business model of these institutions. Despite dealing with blockchain technology through the cryptocurrencies that they trade every day, exchanges remain wary of using the technology within their own systems to stand against malicious cyber attacks.

The same line of thought originated the idea of decentralized exchanges (DEXs), which operate solely on blockchain technology and could remain far safer than their “centralized” counterparts.

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Tari: The Blockchain-Powered Ticketing Solution

Dan Teree is teaming up with blockchain and business professionals to create a blockchain-powered ticketing platform. Teree, a veteran of companies like TicketWeb, TicketMaster, and Ticketfly, is aiming to leverage blockchain technology to provide a robust platform for selling tickets and expand into other similar digital goods such as virtual tokens, loyalty points, and video game coins. One of the primary aims of the project is to ensure equitable value creation in the virtual goods marketplace. The proposed project called Tari is going to be built on the Monero blockchain.

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Inside Look To Canaan’s $2 Billion IPO Plan

Canaan Inc., manufacturers of the Avalon Bitcoin miner, is set for a $2 billion IPO in Hong Kong. Earlier in April 2018, reports began to circulate that the Bitcoin mining hardware giant was eyeing an IPO with both the United States and Hong Kong offered as possible locations. This rumor is all but confirmed based on statements by anonymous company sources with insider knowledge of the company’s plans. Usually, in the world of cryptocurrency, companies go with initial coin offerings (ICOs), but Canaan wishes to go with the mainstream fundraising mechanism.

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Stellar vs. Ethereum – A Comprehensive Guide

To those who have been in the blockchain industry for a while now, Ethereum’s name is synonymous with platform development, the creation of custom tokens, and the launch of crowdfunding campaigns through initial coin offerings (ICOs).

While that pretty much sums up Ethereum’s functionalities, it is still cryptic enough to confuse those that are new to this space, and thus could benefit from a descriptive guide about the famous platform and its associated cryptocurrency.

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European Commission Launches ‘Blockchain for Social Good’ Contest

Blockchain technology is one of the most exciting breakthroughs in innovation in the last decade. Already, many experts believe that the technology behind blockchain will be a prominent driver in the fourth industrial revolution.

As a result, numerous corporations, entrepreneurs, and governments are spending considerable resources to develop cutting-edge blockchain-based solutions. The European Commission in keeping with the global drive to utilize the distributed ledger framework has launched a new Horizon Prize called the ‘Blockchains for Social Good,’ with a total prize pot of €5 million.

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