A promotion of Carrefour Italia carried a hotshot, claiming to trace the chickens for sale in their respective shop outlets and supermarkets on a distributed ledger technology (DLT).

The project has continued and on Thursday, January 17, the next stage will be officially presented in Bologna, the capital of Emilia-Romagna; located in northern Italy to the east of the Apennines, in the setting of the Marca fair – the potential traceability of citrus fruits.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/carrefour-italy-tracks-food-using-blockchain/

Nick Szabo: Central Banks will Turn from Physical Gold Reserves to Bitcoin Reserves in 2019

A Blockchain and Crypto pioneer, Nick Szabo – many believe that he could be the anonymous developer of Bitcoin (BTC), Satoshi Nakamoto – said that central banks will more than likely turn to digital currencies to support their reserves, while speaking at the Israel Bitcoin Summit at Tel Aviv University on Tuesday, January 8, 2018.

Nick suggested that in 2019, cryptos may highly be viewed as a potential alternative to existing central bank reserve denomination.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/central-banks-will-turn-from-physical-gold-reserves-to-bitcoin/

Monero (XMR), the 14th largest Crypto by market cap, has confirmed its position as the most famous token with cryptojackers, even surpassing Bitcoin (BTC) – the world’s leading cryptocurrency. Monero is currently trading at $45.65 USD (-14.16%) and its market cap is $762.3 USD million.

Now, a new study that explores the cryptomining ecosystem, finally revealed that over 4% of XMR’s aggregate circulation supply is imputed to cryptomining malware. Thence, the principal privacy crypto gets number one position among the most famous digital currencies with cryptojackers, even the trumping BTC.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/cryptojacking-is-agent-for-over-4-of-monero-circulation/

Jair Bolsonaro: BNDES Will Unveil the Black Box, Shuts Down Brazil’s ‘Indigenous Crypto’ Project

The President of Brazil, Jair Bolsonaro, revealed on his Twitter, that the government is gathering info from the National Bank for Economic & Social Development (BNDES) and other relevant government agencies, and further said that several contracts have been crushed and will soon be revealed.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bndes-will-unveil-black-box/

Ethereum Classic (ETC), a byproduct of the globe's second most famous cryptoasset, has been hit by several big attacks on its blockchain technology network. Anonymous hackers vanished with over $1.5 million (approx. £1.2m) by conducting a 51% attack on Etereum Classic's rudimentary technology. At the time of press, ETC is exchanging hands at $4.68 USD (-7.15%).

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/crypto-hackers-steal-over-1-5m-of-ethereum-classic/

Cryptos Face Comprehensive EU Regulation, Regulators Plan to Set New Financial Rules

Fresh EU rules may be required to strongly safeguard users from cryptocurrency risks, stop money laundering and prevent diverging national regulations from forming unjust contention, European Union regulators revealed on January 9, 2019.
The European Banking Authority (EBA) revealed in a report on digital currencies that they distinctively lay outside the orbit of EU monetary rules, making it more difficult to form a fully elaborated picture.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/cryptos-face-comprehensive-eu-regulation/

Thursday, January 10 morning (0:10 AM UTC) – Cryptoasset markets were showing assorted signs, with several of the top market cap cryptos facing balmy variations both green and red. Bitcoin (BTC), the flagship crypto, was holding slightly above the $4,000 level, according to data from Coin360. But surprisingly, all crypto prices have abruptly declined except Tether, USD Coin, TrueUSD, Gemini Dollar, Dai, Status, Aurora, ODEM, HyperCash and maximine.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-loses-4000-price-level-crypto-bear-markets-continue/

The main aim of this fork is to improve the basic capacity of scaling within the framework of the network.

Constantinople is part of the release called Metropolis and it will be integrated into block #7080000. Developers have prepared three forks for the beginning of 2019, including Constantinople. Other two forks are “hard forks”, which will result in creating new cryptocurrencies, Classic Vision and Ethereum Nowa. Users are notified that Constantinople fork will take place between the 15-16th of January 2019.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/ethereum-is-waiting-for-new-upgrade/

Thai government agency NECTEC has created a distributed ledger technology (DLT)-based solution set to digitalize the voting process in Thailand. The tech unites e-voting in close groups and the traditional balloting. In case 5G is adopted, every voter shall be connected to the voting platform.

The National Electronics & Computer Technology Center (NECTEC) of Thailand, a section of the Science & Technology Ministry, accomplished the creation of the system for DLT-based voting and is seeking trial partners.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/thailand-nectec-creates-blockchain-based-e-voting-system/

Recently, the Ministry of Economic Development in Italy, headed by Luigi di Maio, selected 30 high-level experts to form a blockchain technology development committee.

Apart from managing financial payments, financial transactions or insurance uses, the development of the Italian national strategy in DLT and AI is in the hands of these selected teams of experts. These experts will be responsible for developing and explaining the national strategy on artificial intelligence (AI) and blockchain, and analyzing possible application cases especially in public and private services.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/italy-launches-blockchain-technology-commission/

A lot of Blockchain technology and cryptoasset companies are massively setting up their offices and big projects in Africa. Several cryptocurrency fanciers are asking why African countries are the main target, not Europe, America or Asia which has a large number of potential investors.

The reasons as to why this is happening like this are just simple and precise as follows: https://coinidol.com/africa-is-next-big-thing-for-crypto-bubble/

An assessment of crypto usage is not an easy thing to be done, since it is based on population, environment diffusion and legal background. And for this matter, therefore, this assessment has been made based on data from Localbitcoins, Coinatmradar and Coinmap. It has also been made based on the circulation of ATMs and legal acceptance of the currency in these top 10 nations in question.

Here is the list of top countries that use BTC: https://coinidol.com/top-10-countries-using-bitcoin/

Besides the management of financial payments, money transactions or insurance applications, the Italian path to the development of the country’s strategy in Blockchain technology and Artificial Intelligence (AI) is now in the hands of experts that will meet in January 2019.

The survey indicates that after 2016 and 2017 where the financial institutions declared the launch of services attracting media attention, in 2019 we have observed a significant systematisation and concentration on these services and proved blockchain technology added much value more than traditional technologies.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/to-what-extent-is-blockchain-technology/

India: RBI Postpones Plan to Establish National Crypto ‘CBDC’

The Reserve Bank of India (RBI) has postponed its plan to roll out a national crypto.
In April 2018, the central bank of India developed the idea of issuing a national digital currency dubbed the Central Bank Digital Currency (CBDC). The annunciation came after it barricaded all financial institutions from engaging in any kind of business with cryptocurrency-related firms. The sudden crackdown was not anticipated and pushed several cryptoasset exchanges out of business in the country.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/india-rbi-postpones-plan-to-establish-national-crypto-cbdc/

The executive body of the Irish Government – the Cabinet, officially approved a bill giving effect to the EU Fifth Anti-Money Laundering (AML) Directive, according to a Thursday, January 3, 2019 report by the Irish Times.

Charlie Flanagan, the Justice and Equality Minister, received the Cabinet approval on January 3 for the Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Bill 2019. The bill commutes several provisions of the Fifth EU AML Directive.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/irish-government-finally-approves-aml-bill/

In May 2018, Facebook created a special brand-new research team to develop possibilities of blockchain technology. If the fintech is to be taken seriously, the tech giant will be able to solve issues with data breaches and enhance transparency and user’s privacy.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/what-is-facebooks-vision-for-blockchain-technology/

Bakkt Raises $182.5M in First Round of Fundraising, BTC Futures Awaits CFTC’s ‘Green Light’

Bakkt, the Intercontinental Exchange’s (ICE) forthcoming cryptoasset trading platform, has embossed around $182.5 million from several investors. The money will be used in creating and developing the institutional-grade regulated cryptoasset exchange, warehousing and clearing services for storage and physical delivery. The firm now hopes to give an updated timeline on rolling out Bitcoin (BTC) day-to-day futures contracts early this year.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/btc-futures-awaits-cftcs-green-light/

Ethereum’s (ETH) price has increased from $83 to $150, which is around 80% against the USD over the past month, in a significant corrective recovery.

On Wednesday, January 2, 2019, after a 7% rise in its price, ETH outstripped Ripple (XRP) to repossess its position as the second most valuable digital currency on the world market.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/how-ethereum-gained-80-in-30-days-outmatched-ripple/

Initial Coin Offerings (ICOs) were victims of their own success. As cryptocurrencies took the world by storm, and innovative startups raised hundreds of millions of dollars via ICOs, scammers and con artists took notice, and abused the model. The market quickly became oversaturated with nonsensical and downright fraudulent blockchain solutions that damaged the public’s trust in the model and choked out quality projects.

The solution that emerged was Security Token Offerings (STOs). STOs are cryptographic tokens fully compliant with securities laws, giving token holders a stake in the issuing entity. Security token owners are entitled to such benefits as profit-sharing, voting rights, and the ability to trade their holdings on exchanges.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/security-tokens-wave-of-future/

Just like any other significant financial market in this globe, the crypto industry has a lot of predictions and prophets of all colours. The year 2018 started with Bitcoin (BTC) trading around $15,000 which made several investors optimistic about the future of cryptocurrencies. Various forewarnings related to BTC didn’t come to pass by the end of 2018, although the majority successfully proved somewhat naturalistic. Let’s take a drive to some of them.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/blockchain-tech-cryptos-icos-predictions-of-entire-2018/