Rough it out

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Rough it out

CoinMarketCap Daily Newsletter Stay tough “You become a champion
by fighting one more round. When things are tough, you fight one more round.” –
James J. Corbett Good Wednesday, fam! It's midweek, so remind yourself to press
on! Today in history (1939), "Betty" Bomber, the Japanese Mitsubishi G4M twin
engine, takes its first flight. 🛫 In today's newsletter, we will be covering
TBCASoft, IBM and SoftBank announcing a mobile payment
blockchain, Algorand obtaining a sharia compliance
certificate and Zuckerberg to not launch Libra anywhere globally
without U.S approval. Please do not forget to answer the polls down below too!
It's a great way to interact with you and hear what you have to say. 💭 Happy
reading! 📚 Over the last 24 hours, total market capitalization dipped from
~$223.7 billion to ~$217.9 billion, with most coins seeing losses
in the ~2-5% range. 24-hour volume registered ~$60 billion. BTC is currently
trading at ~$8,040, down ~2.8% over yesterday. On the daily chart, BTC failed to
break to the upside of its 100-day EMA line for the second time since it broke
below it mid-Sept. RSI is at ~38. 👀 IBM, SoftBank and TBCASoft are
collaborating to adopt a cross-carrier telecommunications
blockchain payment solution, through the Carrier
Blockchain Study Group (CBSG) Consortium. The first application that
CBSG will launch is the Cross-Carrier Payment System (CCPS) that allows
mobile service users to pay local merchants overseas with their phones, thereby
paving the way for interoperability amongst various telecommunications carriers
to create a network of merchants that mobile service clients can access.
📱 Using a telecommunications network that enables cross-carrier
relations allow "improved cross-carrier relations" and transforms the way
"telecom carriers transact with partners and customers to deliver innovative
payment solutions". Algorand (ALGO) has been certified as
sharia-compliant by Bahrain-based Shariya Review Bureau (SRB), which
stated that the platform is in line with the tenants of Islamic
law. This move could connect Algorand and its attributes to a worldwide
network of observant Islamic investors with an estimated worth of over $70
billion. 🌍 Sharia compliance can be complicated for any investment
vehicles, as it requires non profiting from activities banned under sharia law.
According to Algorand CEO Steve Kokinos, he is "excited that forward-thinking
Islamic enterprises will now be able to realize new business opportunities on a
platform that is congruent to their finance guidelines.” Algorand intends to
retain approval as it continues to develop by sending every dapp created on the
platform for sharia compliance review. According to prepared remarks released
on 22 Oct ahead of planned hearings before the U.S. House Financial
Services Committee, Founder of Facebook Mark Zuckerberg will not launch Libra
anywhere in the world until U.S. regulators approve it. Zuckerberg wants to
assuage regulatory concerns over Libra, but also leveraged on China's plans to
plans to release a project similar to Libra in the coming months, stressing that
it could interfere with America's financial and technological leadership
in the world. A copy of the ledger operated by a participant of the
blockchain network. It's happening! In less than a month, join 1500+
attendees, 70+ speakers and 15 sponsors at the gorgeous Victoria Theatre for a
one-of-a-kind crypto experience. We have just a few FULL admission tickets
remaining. $199 gets you full access to The Capital, food & beverages throughout
the conference, fine-dining lunch provided by Sinfonia, and a ticket to our VIP
after-party at Capital by Zouk! To register, click here! Ripple has
onboarded 4 news members to its global regulatory team based in Washington D.C.
They are Craig Phillips, Michelle Bond, Ron Hammond and Susan Friedman. 😎 At the
recent Translyvania Crypto Conference, Bitcoin (BTC) technology pioneer Adam
Back claimed that producing altcoins offers greater financial benefits over
building on BTC. 🔎 Web browser Opera has become the first browser to support
direct Bitcoin (BTC) payments. 🖱 TBA - Justin Sun's lunch with Warren Buffett
How much do you agree with this statement: "Facebook's Libra will do an overall
net good to the U.S. financial system" Why or why not? Share with me in the
polls! "On a scale of 1-10 (10 being most useful), how useful would a
blockchain enterprise solution be for the company you're currently
working in?" The average vote was 7.6. 47.4% of y'all voted a '10'. They
would likely screw up it's implemenation to the degree of becoming even more
micro-managed. – hahahaha what little faith you have in em 😂 hotels are more
need blockchain-based solution – Yeah, I would imagine so. It could help
with room management. 👍 i work for a small company & on budget so our
attitude is why fix something not broken.. but for a little large company there
are lot of areas where blockchain can be employed for eg.. attendance,
supply chain, communication, payments.. basically u name it.. – Yeah, you’re
right! 😄 I work in telecom, so yeah, pretty useful 🙈😂 – I wonder if that
industry could one day be decentralized. I am a company of 1 so not sure what
I gain from going blockchain i.e roi – Well a common application would be
in logistics if your business involves that! 👍 Seeing that I resigned
yesterday to start working on a few blockchain ideas, solutions to problems in
enterprise and government, I hope it all 10's. But we living in a world where
even lending someone an item as simple as a flashdrive needs to be on a
blockchain as you never know what they will do it, or if you'll ever get it
back. – Wow, good on you! All the best in our future endeavor! 💪 You got this 💪
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