All the things you wanted to know about Bitcoin and the other cryptocurrencies

Koles Coin News, 18 Nov 2016 Episode


In this release: The Japanese will soon be able to pay utility bills with bitcoin. Japanese Bitcoin market Coincheck has announced launching of new service “Coincheck Denki”, which will lead customers to make utility bill payments with bitcoin and save money — up to 4-6% from November. Payment implementation will be occurred through the company’s partner Marubeni Power Retail Corporation. Meanwhile, Lawmakers of USA have announced creation of the bipartisan caucus officially known as congressional member organizations by two congressmen – Jared Polis and Mick Mulvaney. According to, participants will discuss ability of decentralizing cybersecurity and revolutionizing industries using blockchain technologies.

Bank companies, financial services are increasingly restating its positions to blockchain. 6 global banks have created the 1st blockchain-based interbank group for global payments – Global Payments Steering Group, comprised of Bank of America Merrill Lynch, Santander, UniCredit, Standard Chartered, Westpac Banking Corporation and Royal Bank of Canada. Chris Larsen, Ripple CEO and co-founder has noticed: “The work of GPSG, a new global interbank network, will give financial institutions and their customers the ability to make new types of payments at mass scale”. The trend of collaboration around virtual currency gains new speed. American multinational technology company IBM has cooperated with Chinese financial services corporation UnionPay to create trading loyalty points system, using blockchain technologies. According to the, previously prototype was created for the beta-version of Hyperledger Fabric private network. Blockchain affects different spheres of society and facilitate some institutes. Incent is the latest Bitscan’s endeavour, built around a universal loyalty token. Biscan company has strategic partnership with custom blockchain token platform Waves, which raised successful sum of ICO – $15 million. German Company in partnership with Innogy Innovation Hub have created new blockchain-based project Share & Charge for the sharing private Electric Vehicle charging stations. According to the, the project is going into live beta in Germany in the near future. Mastercard’s owners can fund debit cards with Ethereum, Monero, Litecoin other leading blockchain assets instantly., an instant Bitcoin exchange, has created API integration through the Wirex wallet. Erik Voorhees, Founder and CEO of company, has noticed, that Mobile app and cryptocurrency enable customers to pay for things anywhere without using bank services, which makes them unnecessary. Non-profit college cryptocurrency network will distribute free bitcoins to Chicago students with educational purposes. College Cryptocurrency Network has announced hosting the Chicago Airdrop to familiarize students with Bitcoin technologies and spheres of use. Participants will travel into 4 different Chicago universities and in the end of project they can visit final event “Bitcoin 101” for the final issues in Illinois Tech. Bitcoin Casino BetChain invites players to share entertainment time with a large selection of games. BetChain is one Bitcoin Casino, according to the, which proposes to gamers provably fair environment through the Fair systems, based on cryptographic hash functions. This unique technology makes bitcoin gambling safer and more protect from player or casino to cheating.

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