Dub 23

Introducing ChinaLedger a Blockchain Coalition

Source: bitcoin

Introducing ChinaLedger a Blockchain Coalition

A Beijing-based blockchain coalition is being organized and was recently announced by Mr. Bai Shuo, former chief engineer at Shanghai Stock Exchange. According to a recent press release, “ChinaLedger” announced on April 19 was formed to help regulatory policy and standard practices concerning distributed ledger technology.

Also read: Bitcoin Price: Stagnant or Satisfactory?

ChinaLedger a Beijing-Based Blockchain Coalition

With reported support from the Chinese National Assembly, the new group has a variety of sponsors mentioned and is requesting advisors to join the new group. Some of the advisors cited in the press release are leading cryptocurrency innovators and blockchain executives within this emerging industry. The list includes Ethereum co-founders, Anthony Di Iorio, and Vitalik Buterin. Along with Bitcoin core developer Jeff Garzik and UBS Innovation Manager Alex Baltin.

Figuring out the best way to approach the policies and directives associated with the distributed ledger technology industry is the main goal of this new coalition. Mr. Shuo explains that organizing businesses and innovators together can bring about a better standard across this financial tech landscape. China and many other of the surrounding countries are just learning about this emerging technology, and Mr. Shuo believes working together can bring better solutions for the Chinese region. Mr. Shuo explains in the announcement:

“We cannot think clearly in the absence of Blockchain integration in the hastily organised international financial sector in China. We need to unite China and find consensus and find solutions in China for Blockchain technology.”

Mr. Bai Shuo

Currently, it seems Chinese officials have kept their distance from regulating Bitcoin and have been watching from the sidelines. Mr. Shuo feels this is the perfect time to create a better understanding of the economic changes and technologies emerging today. The ChinaLedger coalition will research and work with officials and businesses within the industry to help China stay on top of this new environment.

Groups all around the world are forming for this very reason. Just recently the Global Blockchain Forum was announced with the same intentions as ChinaLedger. With organizations being created to help teach better-standardized blockchain practices and figure out the best way to regulate these technologies it should make progression run smoother. With backing from the Chinese National Assembly and other sponsors the nonprofit coalition is moving well in this direction.

What do you think about the ChinaLedger coalition? Let us know in the comments below.


Images courtesy of ChainB, The ChinaLedger Coalition, and Redmemes

 

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Introducing ChinaLedger a Blockchain Coalition

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Úno 11

Toronto’s Decentral Launches Bitcoin Cards Nationwide

Source: bitcoin

Toronto’s Decentral Launches Bitcoin Cards Nationwide

February 11, 2016 TORONTO, ON, The Canadian-based crypto hub Decentral which focuses on decentralized technologies has just launched a new digital currency product nationwide. Decentral Bitcoin Cards will be made available for Canadians to purchase Bitcoin from local merchants.

Also read: Number of Ethereum Nodes Grows Exponentially

Bitcoin Will Now Be More Accessible in Canada

The company says the Decentral Card will be a first for the country and will allow an easier way to purchase the virtual money within the region. The cards will be sold in local retail stores in Canada and will be in denominations of $20, $50, and $100. The cards can be bought just as any phone card or gift card in a convenient store and are redeemable via the Decentral Bitcoin Card Website. Decentral believes offering these cards to the public will promote adoption faster and make Bitcoin more accessible. Decentral founder and CEO Anthony Di Iorio said in the announcement:

“We’ve helped thousands of customers purchase bitcoin at our bitcoin ATM in Toronto, and our goal has always been to increase availability across Canada. Based on the knowledge we’ve gained over the years, we’ve developed a system that makes buying bitcoin as easy and convenient as possible for both customers and merchants,” Anthony Di Iorio, Decentral

The organization has already tested and “perfected” the card last year. Di Iorio believes the cards will bring ease-of-use to the Bitcoin atmosphere in the country. “The Cards remove the hassles and technical issues associated with installing, maintaining and using terminals or ATMs,” says Di Iorio. “Our new system can be scaled quickly to new locations without the existing roadblocks and complicated logistics common to Bitcoin ATMs.”

Decentral has been in the crypto-industry for quite some time. The organization is home to the most active Bitcoin ATM and cryptocurrency meetups in Toronto. The group founded Kryptokit in 2013 and Decentral.tv which gave in-depth interviews and insight into the decentralized-tech industry. Di Iorio is also a co-founder of Ethereum and has just recently accepted a position at the Toronto Stock Exchange (TSX). The exchange is one of Canada’s leading financial companies and named Di Iorio it’s Chief Digital Officer. Decentral is continuing its expertise in consulting, its local meetups, offering an accessible ATM, and now with its own loaded Bitcoin cards.

Decentral Bitcoin Cards are going to be launched in select provinces this month. In the summer, the cards will be readily available nationwide. The company says that Ethereum and other select currency cards should be deployed for purchase in thousands of stores by the year end. Decentral is proud to be able to offer the mainstream an accessible way to purchase cryptocurrencies and looks forward to the future of the economy it’s fueling.

What do you think about the Decentral Bitcoin Card? Let us know in the comments below.  


Images courtesy of Decentral.ca, and Crypto-graphics.com 

 

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Toronto’s Decentral Launches Bitcoin Cards Nationwide

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