Illinois has legalized blockchain contracts
CoinMarketCap Daily Newsletter “We
cannot learn from one another until we stop shouting at one another - until we
speak quietly enough so that our words can be heard as well as our voices.” -
Richard M. Nixon In today's newsletter, we will be covering: Telefonica
piloting blockchain access on 8,000 Spanish firms Illinois
legalizing blockchain contracts Canada's DMG blockchain
installing 1,000 new Bitcoin mining rigs for U.S. client Total
Market Cap: ~$207.9 billion (~1.3%) BTC Price: ~$7,850 (~1.6%) 24-Hour Volume:
~$76.1 billion (~14.1%) BTC Dominance: ~68.6% (~0.3%) Notable movers: - BTC is
currently trading at ~$7,850, down ~1.4% over the last 24 hours. On the
daily chart, BTC got rejected by its 21-day EMA line, and RSI slipped to ~57,
still indicative of slight bullish momentum. On the weekly chart, BTC is still
contesting its 50-EMA resistance line. The MACD line looks to be approaching to
cross to the upside of the signal line, something we have not seen since early
Feb 2019! BTC is still trading within its lower highs and lower lows
trading pattern/ channel/ zone it has been trading within since late June this
year. It is currently testing the lower bound.
How much do you agree with this
statement: "I believe that smart contracts should be legalized, and seen
as legally binding contracts, in the court of law" Why or why not? Share
with me in the polls! Access
Spanish telecommunications giant
Telefonica has purportedly teamed up with the local Association of
Science and Technology Parks (APTE) to offer approximately 8,000
companies in Spain access to its blockchain. The news was published in
a report by telecommunications news outlet TotalTele on 9 Jan, which also said
that Telefonica would deploy its Hyperledger-based blockchain's nodes at
APTE's 52 sites. CEO of Telefonica Spain Maria Jesus Almazor said that the
project will offer significant advantages to companies located at Spain's
science and technology parks without having to deal with
blockchain technology's "inherent complexity," or "dedicate
resources to acquire the knowledge necessary to make the most of it." The state
of Illinois has become the latest state to recognize smart contracts and other
blockchain-based records as legal instruments under the
"Blockchain Technology Act" sponsored by Republican Keith Wheeler. This
took effect on 1 Jan, opening up various potential new legal scenarios for
blockchain-based contracts, as it is now allowed as court evidence and
seen as a viable alternative to paper-based records and free from local
taxation.
Part of the law states that “A smart contract, record or signature
may not be denied legal effect or enforceability solely because a
blockchain was used to create, store or verify the smart contract, record
or signature. A press release on 6 Jan revealed that Canadian technology firm
DMG Blockchain Solutions has installed 1,000 new Bitcoin (BTC)
mining machines at its Christina Lake mining-as-a-service facility
located in British Colombia. The firm bought the new miners from Chinese
mining giant Bitmain, and now has the combined power consumption of about
1.5 megawatts.
The equipment will serve a new U.S.-based customer, whose
name was not revealed in the release. DMG COO Sheldon Bennett explained that
the decision was made "to focus on attracting large scale hosting clients as
profitable crypto-mining is a function of creating cost efficiencies, and
our mining facility is well-suited for industrial miners." Luxembourg-based
firm MY Sardines has announced its plan to start a cryptocurrency backed by
vintage sardines, allowing investors to redeem their tokens for cans on a 1:1
basis like Tether (USDT) any time over a period of 10 years.
Internet of
Things (IoT) software developer has launched a blockchain-enabled lock,
IoTLock, that turns any keypad-enabled device into blockchain-secured smart
devices that prevents package theft.
Cryptocurrency derivatives exchange
Deribit is leaving the European Union (EU) for Panama to avoid the possible
tightening of regulatory demands known as 5AMLD. The requirements would need
Deribit users to produce much personal data, causing high barriers for most
traders, both regulatory and cost-wise.
The name given to the algorithm that
encrypts and decrypts information. Wonder how the crypto market
performed in 2019? Here is our version on how Bitcoin fared against major
financial assets, other crypto assets, token exchanges and more! Plus
additional insights based on our web traffic data! Check out this link for our
2019 review, "According to CoinMarketCap 2019"!
11 Jan - CryptoNight 2020
(Chile) 15 Jan - Crypto Finance Conference (Switzerland) 15 Jan -
The North American Bitcoin Conference (Miami, U.S.) 20 Jan - Blockchain Economic
Forum (Switzerland) 21 Jan - CV Summit Davos (Switzerland) 25 Jan - The Genesis
Block Conference 2020 (Bangalore, India) TBA - Justin Sun's lunch with Warren
Buffet "How much do you agree with this statement: "I believe that the crypto
community is over anticipating/ pinning too much hope on the BTC halvening event
in May"" The average vote was 6.3. 13.3% of y'all voted a '1', and 23.3% of
y'all voted a '10'! Absolutely ! Just the memory of the much-hyped Litecoin
halving last year, which passed without a whisper of excitement must still
resound in many people's memories. – Hahaha I remember that. I laughed at how it
all played out.
Listen! 
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CoinMarketCap Daily Newsletter “We
cannot learn from one another until we stop shouting at one another - until we
speak quietly enough so that our words can be heard as well as our voices.” -
Richard M. Nixon In today's newsletter, we will be covering: Telefonica
piloting blockchain access on 8,000 Spanish firms Illinois
legalizing blockchain contracts Canada's DMG blockchain
installing 1,000 new Bitcoin mining rigs for U.S. client Total
Market Cap: ~$207.9 billion (~1.3%) BTC Price: ~$7,850 (~1.6%) 24-Hour Volume:
~$76.1 billion (~14.1%) BTC Dominance: ~68.6% (~0.3%) Notable movers: - BTC is
currently trading at ~$7,850, down ~1.4% over the last 24 hours. On the
daily chart, BTC got rejected by its 21-day EMA line, and RSI slipped to ~57,
still indicative of slight bullish momentum. On the weekly chart, BTC is still
contesting its 50-EMA resistance line. The MACD line looks to be approaching to
cross to the upside of the signal line, something we have not seen since early
Feb 2019! BTC is still trading within its lower highs and lower lows
trading pattern/ channel/ zone it has been trading within since late June this
year. It is currently testing the lower bound.
How much do you agree with thisstatement: "I believe that smart contracts should be legalized, and seen
as legally binding contracts, in the court of law" Why or why not? Share
with me in the polls! Access
Spanish telecommunications giantTelefonica has purportedly teamed up with the local Association of
Science and Technology Parks (APTE) to offer approximately 8,000
companies in Spain access to its blockchain. The news was published in
a report by telecommunications news outlet TotalTele on 9 Jan, which also said
that Telefonica would deploy its Hyperledger-based blockchain's nodes at
APTE's 52 sites. CEO of Telefonica Spain Maria Jesus Almazor said that the
project will offer significant advantages to companies located at Spain's
science and technology parks without having to deal with
blockchain technology's "inherent complexity," or "dedicate
resources to acquire the knowledge necessary to make the most of it." The state
of Illinois has become the latest state to recognize smart contracts and other
blockchain-based records as legal instruments under the
"Blockchain Technology Act" sponsored by Republican Keith Wheeler. This
took effect on 1 Jan, opening up various potential new legal scenarios for
blockchain-based contracts, as it is now allowed as court evidence and
seen as a viable alternative to paper-based records and free from local
taxation.
Part of the law states that “A smart contract, record or signaturemay not be denied legal effect or enforceability solely because a
blockchain was used to create, store or verify the smart contract, record
or signature. A press release on 6 Jan revealed that Canadian technology firm
DMG Blockchain Solutions has installed 1,000 new Bitcoin (BTC)
mining machines at its Christina Lake mining-as-a-service facility
located in British Colombia. The firm bought the new miners from Chinese
mining giant Bitmain, and now has the combined power consumption of about
1.5 megawatts.
The equipment will serve a new U.S.-based customer, whosename was not revealed in the release. DMG COO Sheldon Bennett explained that
the decision was made "to focus on attracting large scale hosting clients as
profitable crypto-mining is a function of creating cost efficiencies, and
our mining facility is well-suited for industrial miners." Luxembourg-based
firm MY Sardines has announced its plan to start a cryptocurrency backed by
vintage sardines, allowing investors to redeem their tokens for cans on a 1:1
basis like Tether (USDT) any time over a period of 10 years.
Internet ofThings (IoT) software developer has launched a blockchain-enabled lock,
IoTLock, that turns any keypad-enabled device into blockchain-secured smart
devices that prevents package theft.
Cryptocurrency derivatives exchangeDeribit is leaving the European Union (EU) for Panama to avoid the possible
tightening of regulatory demands known as 5AMLD. The requirements would need
Deribit users to produce much personal data, causing high barriers for most
traders, both regulatory and cost-wise.
The name given to the algorithm thatencrypts and decrypts information. Wonder how the crypto market
performed in 2019? Here is our version on how Bitcoin fared against major
financial assets, other crypto assets, token exchanges and more! Plus
additional insights based on our web traffic data! Check out this link for our
2019 review, "According to CoinMarketCap 2019"!
11 Jan - CryptoNight 2020(Chile) 15 Jan - Crypto Finance Conference (Switzerland) 15 Jan -
The North American Bitcoin Conference (Miami, U.S.) 20 Jan - Blockchain Economic
Forum (Switzerland) 21 Jan - CV Summit Davos (Switzerland) 25 Jan - The Genesis
Block Conference 2020 (Bangalore, India) TBA - Justin Sun's lunch with Warren
Buffet "How much do you agree with this statement: "I believe that the crypto
community is over anticipating/ pinning too much hope on the BTC halvening event
in May"" The average vote was 6.3. 13.3% of y'all voted a '1', and 23.3% of
y'all voted a '10'! Absolutely ! Just the memory of the much-hyped Litecoin
halving last year, which passed without a whisper of excitement must still
resound in many people's memories. – Hahaha I remember that. I laughed at how it
all played out.
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