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Increasing bitcoin demand in Zimbabwe

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Record bitcoin price in Zimbabwe. Now almost $14 thousand are being asked for bitcoin in the country, and it is almost 2 times more than its price set on the world market. According to experts, the reason of sharp rise in the rate is the instability in the country, the difficulties with international payments with fiat money and the increased demand for cryptocurrency. "Bitcoin grew up in Zimbabwe primarily because it is mainly used as transactions, not in the local market, but for making money transfers. Many Zimbabweans work abroad and send money home exactly in this currency"- says Lorenzo Fioramonti, Professor of Political Economy of the University of Pretoria.

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People of crypto - Irina S. Zimakova

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Meet Irina S. Zimakova, expert in financial sector, blockchain and fintech enthusiast. She was studied in several institutions, among them: Leiden University of Applied Sciences, Massachusetts Institute of Technology and University of Nicosia. Irina started her career as an intern-marketing assistant in the financial company KEGA Group BV. Her professional interests field was the finance and banking sector. Now Irina is co-founder, the chief operating director of the International Blockchain Federation and the International FinTech Federation, president and the ambassador in the Digital Embassy, a web design and digital agency.

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 Quote from CannaSOS Whitepaper

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 “We have created a complex module, which allows the moderators to edit and check for plagiarism the articles that have been posted on the News portal.”

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People of crypto - Claudia Bienentreu

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Meet Claudia Bienentreu, entrepreneur, fintech enthusiast, business development and marketing expert. She has studied business and economy, and worked in marketing and sales positions. Currently, Bienentreu is working at AXA, a French insurance firm, as head of innovation, along with HWZ (Zurich University of Applied Sciences in Business Administration), one of the largest educational institutions in the field of business, as lecturer. 

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CoinMarketCap: Exchange rates

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ConsenSys opens hub in London

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Innovative development expands the boundaries. ConsenSys, Ethereum-based software technology company, opens hub in UK’s capital. It is planned that the head of the new hub will become Ed Budd, a specialist in the financial services market, former head of the direction of digital development of Deutsche Bank. Joseph Lubin, founder and CEO of ConsenSys said: ‘’The European Hub signifies not only our commitment to servicing and investing in key European enterprises, governments, and partners, but also a recognition of the depth of blockchain talent and entrepreneurship in London and across Europe’’. 

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People of crypto - Mukhtar Mussabetov

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Meet Mukhtar Mussabetov, business strategist, entrepreneur, marketing expert, financial analyst, bitcoin and blockchain admirer. Mr. Mussabetov has studied at Yaroslavl Higher Finance School and holds bachelor’s degree in economy in finance, also attended digital currencies course in Nicosia University to get acquaintance with cryptocurrency world. He began his career in Ministry of Finance of Kazakhstan, as department director, later founded many companies in finance field. Currently he is the member of Advisory Board at CeekVR and ICO Crowd Magazine, besides founder and CEO of Blockspace Labs. Mr. Mussabetov has a publication, ‘’Leadership of the Kazakhstan Banking System in the CIS: Myth or Reality?’’, by the way, he speaks in 8 languages.

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Blockchain project to accelerate swap operations

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Blockchain technology for equity swap. Banking giants, has launched a trial the exchange of equity swap. The test took part, American finance conglomerate JP Morgan Chase and investment bank Goldman Sachs, French finance conglomerate BNP Paribas, international Swiss finance group Credit Suisse and international bank Citi. It is planned that the pilot test, which has been conducted with the AxCore’s blockchain platform, which is provided by the startup Axoni, will make the processing of payments with securities more rapid. ‘’Equity swap data is complex and difficult to manage, making it a terrific fit for distributed ledger technology’’ said, Greg Schvey, Axoni CEO.

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Dubai is the Smart Cities Expo winner

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The best innovative urban development project has been determined. Smart Cities Expo and World Congress took place in Barcelona, where the City Project Award was given for the best urban development project. Dubai was considered worthy to receive the City Project Award, among 308 projects. The strategy provides that all government transactions will be conducted on online with the help of blockchain, by 2020. Wesam Lootah, CEO of Smart Dubai Office (SDO) said: ‘’Now we are working on the development of the first set of international standards based on the blockchain, which will be proposed for consideration by the government.’’

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 Penthouse in Miami for digital currency

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In Miami the crypto currency is increasingly used for real estate purchases. Eric Fernandez, owner of the real estate firm Sol/Mar in Miami listed a penthouse, located in Blue Diamond, Miami Beach, state Florida. The property is on sale for $3.5 mln. Fernandez said, the owners do not accept fiat money only, but also accept bitcoin and ethereum payments. He also mentioned, that he has no doubt, soon cryptocurrency payments in real estate industry will expand.

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Square Cash application were added crypto options

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Cryptocurrency support in mobile payment application. Square, an American technology company, reported the buying and selling bitcoin function in the Square Cash application. Payment for services and transfers to digital currencies will remain unavailable for the time being. Currently, the application is running in the test mode. Sarah Fryar, Square’s Financial Director, said: "Our customers are interested in using the application to buy bitcoin. Now we are studying how to make this process faster and easier, with the help of a small test group. Every day, the crypto currency plays an increasingly important role in the world financial system."

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Quote from the CannaSOS Whitepaper

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“Simply through social engagement on the platform and posting of high-quality content, users can earn contribution points awarded by peers.”

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People of crypto - Yasmin Osman

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Meet Yasmin Osman, economy and banking journalist. Osman has studied at the Passau University, in the culturology field. More than ten years she worked in the field of mass media. In 2001, Yasmin became the editor of the department that covers the economics and business news, at Deutsche Presse Agentur, the largest German news agency, later worked at Börsen-Zeitung, the financial newspaper and Financial Times of Deutschland, the financial and political publication. Currently she is writing at Handelsblatt, a daily newspaper.

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CoinMarketCap: Exchange rates

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