Hi everybody, we are from
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!
Bitcoin:- Spendabit, the new spend bitcoin section of Bitcoin.com, has been launched. Promising it will work as the bridge between bitcoin users and more 2.5 million products across the globe. This new platform will let bitcoin holders to acquire products from different reputable merchants as Rakuten and Overstock.
Blockchain application:- Storj was launched two days after Microsoft announced its inclusion in the Azure BaaS download manager. The project aims to offer a decentralized alternative to cloud file storage services like Dropbox. Storj has created a system where other users can host sliced-up and encrypted chunks of data, in exchange for the native cryptocurrency, StorjcoinX.
- Retail Giant, Overstock.com, Inc., plans to publicly offer digital securities to be recorded to a distributed blockchain ledger. Overstock’s CEO announced that the securities offered will trade on T0's platform (Overstock fintech subsidiary). In December 2015 the SEC gave the firm the ability to issue digital shares in a public offering on a distributed ledger.
Other:- Interest groups focused on bitcoin, blockchain and digital assets gathered to create the Global Blockchain Forum, which aims to promote communication between its stakeholders; consistency of the public policies; and conduction of research to support the development of such policies. The group’s supporters include Digital Currency Associations from US, UK, Australia and Singapore.
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