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www.huobi.com) Welcome to check our weekly summary of the latest virtual currency related events to provide you the comprehensive perspective to know the industry. Now let’s review what important news happened last week!
Overstock, Openbazaar, Kinguin... Which other companies do you know are taking bitcoin into their business? :Bitcoin:- The video game marketplace Kinguin announced their new merchant payment solution. While the platform has been accepting Bitcoin payments since 2015, merchants now can opt to be paid and withdraw their earnings in BTC as well, rather than having funds immediately converted to their local fiat currency.
- The name Bitcoin has been finally registered as a trademark in Russia. The new rights holder, Alex Fork, told the media that he does not plan to use the trademark for commercial purposes, in fact, the trademark registration was done to prevent possible monopolization of the Bitcoin brand by a single entity who could then use it to profit at the expense of Russian cryptoccurency users.
Blockchain application:- Intel, the largest chip-maker in the world, is looking to trusted execution environments on its hardware chips to enhance security and privacy for blockchain users. The director of the distributed ledger technology group at Intel said that the main goal is to bring privacy to the blockchain without centralization.
- Russian payments provider Qiwi has revealed it wants to launch a domestic blockchain consortium, it compared to the 44-member banking consortium R3CEV. Qiwi is looking to create a consortium of regional banks, financial institutions and enterprise businesses that could band together to further explore the emerging technology.
- Blockchain tech specialist Gem, officially launched Gem-Health today, an initiative aimed at promoting collaboration in the healthcare space centered on the emerging technology. The company as well announced their partnership with Philips which will assist them building out a private blockchain for use in the development of enterprise healthcare applications.
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