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3rd Global forum “Blockchain Life” comes to Singapore

3rd Global forum “Blockchain Life” comes to Singapore Blockchain Healthcare Review

The global blockchain and cryptocurrency industry meets at Blockchain Life 2019.

The post 3rd Global forum “Blockchain Life” comes to Singapore first appeared on Blockchain Healthcare Review.

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April 23-24,
Singapore- The global blockchain and cryptocurrency industry meets at Blockchain Life 2019.

| 5000+ attendees
| 80+ speakers
| 70+ countries
| 120+ booths

Top managers of international blockchain companies, crypto traders and analysts, funds and investors, perspective ICO and STO projects, developers and miners will meet again to discuss current industry trends, strategies, innovations and show how to earn money in this industry.

Blockchain Life forum is an annual event that brings together international blockchain and crypto-community at the one place. In 2018, the event was held in St. Petersburg (Russia) and became the largest industry event in Europe, gathered more than 5000 attendees.

Top speakers of the «Blockchain Life» forums were: Roger Ver (founder Bitcoin.com), Sergei Khitrov (founder Listing.Help, Icotop.io), Jason Hu (WBO), Miko Matsumura (Evercoin), Martin Kuvandzhiev (co-founder Bitcoin Gold), Edward Chen (Huobi Exchange), Aldrich Victorino (OKEx Exchange), Charles Cai (Dalian Wanda Group) and other leading international industry professionals.

The venue for Blockchain Life 2019 Asia will be at the world’s leading hotel Marina Bay Sands, located in the heart of Singapore. Participants are able to attend speeches by world-leading experts, meet international companies in the exhibition area, and communicate with like-minded people and experts in networking areas.

The list of the first speakers will be published soon.

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Source: https://blockchainhealthcarereview.com/3rd-global-forum-blockchain-life-comes-to-singapore/#utm_source=rss&utm_medium=rss&utm_campaign=3rd-global-forum-blockchain-life-comes-to-singapore

Blockchain

Meme Coins Craze Attracting Money Behind Fall of Bitcoin

From the eyes of crypto-analysts, the ongoing craze for meme coins is the main reason behind the price struggle for Bitcoin.

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From the eyes of crypto-analysts, the ongoing craze for meme coins is the main reason behind the price struggle for Bitcoin. And, meme coins like Dogecoin and its clones are constantly sucking funds out of Bitcoin.

The Money Will Soon Reenter The Market: CEO CryptoQuant

The ongoing massive flows in the fresh funds are statistically massive. However, CryptoQuant’s CEO Ki-Young Ju believes that trends are changing at much higher rates, and tokens with true intrinsic value like BTC will recommence their position in the market. The statement reads,

“Smart money will reenter the market soon and reverse the trend.”

All of this started with Elon Musk who has always favored the meme cryptocurrency DOGE. Supported by names like Mark Cuban and Snoop Dogg that has also attracted the masses of investors in the space, it became arguably the most widely discussed topic in and outside the crypto-sphere.

However, there are crypto-whales in the market who know how to take advantage of the ongoing mania. Coins that seemingly have no value or product, are gaining people’s attention due to advertising services. In this attention-grabbing game, one can observe massive fluctuations and promises for multi-digital return.

The most recent example is a token called Shiba Inu (SHIB) whose exchange value is up tenfold in the past few days alone. This additionally enhances the snowball effect. According to analysts, the massive increase in value is also the result of most searched and viewed digital assets. Apart from the mind-blowing returns, the following data from CoinMarketCap confirms the same.

Smart Money to Go in Bitcoin Soon

CryptoQuant’s CEO argued that,

“The asset’s fundamentals are still “strong,” and on-chain data support this narrative. The market will become smart money soon, and the funds will go to major coins that have intrinsic value. The ongoing craze for meme coin is the primary reason why bitcoin’s price has been struggling.

At the same time, many altcoins see frequent new records, including the aforementioned massive surges by the meme coins. Nevertheless, CryptoQuant’s CEO. believes that this trend is about to change soon.

 As per reports, institutional investors uninterruptedly collecting cryptocurrencies, miners are refusing to sell, and smaller hoDLers are withdrawing their coins from exchanges at the same time. 

READ  Why Litecoin’s Ambitious Surge to Dethrone XRP Was Short-Lived

#‘Dogecoin Killer’ Shiba Inu #Bitcoin #CEO CryptoQuant #CryptoQuant’s CEO Ki Young Ju #SHIB #Shiba-Inu

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Source: https://www.cryptoknowmics.com/news/meme-coins-craze-attracting-money-behind-fall-of-bitcoin

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Blockchain

Let The Bidding Begin: The First NFT Patent?

We’ve seen a wide variety of NFT releases this year. From trading cards, to immersive 3D graphic designs. From realistic still images, to real-life engagement opportunities with star meet & greets. One thing we seemingly haven’t seen yet, until now, is patents. However, aptly noted today on Twitter by sports, entertainment, and IP lawyer and […]

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We’ve seen a wide variety of NFT releases this year. From trading cards, to immersive 3D graphic designs. From realistic still images, to real-life engagement opportunities with star meet & greets. One thing we seemingly haven’t seen yet, until now, is patents. However, aptly noted today on Twitter by sports, entertainment, and IP lawyer and University of Florida professor Darren Heitner, is what seems to be the very first patent auctioned off as an NFT.

What It Is, And What It Means

The auction was originally listed in recent weeks by True Return Systems LLC and D. Tiller Law PLLC. The patent (US Patent #10,025,797) is centered around providing an “elegant solution for maintaining blockchain’s foundational benefits while expanding applications, easing combination of ‘on chain’ and ‘off chain’ data storage”. Additionally, the patent cites potential application across a variety of industries, including health care, financial services, data sciences, and more.

The patent is currently listed for 2,250 ETH (approx $9M USD at time of writing) on OpenSea, with no bidders at the time of writing.

Related Reading | NFTs In A Nutshell: A Weekly Review

Join The Club

The road doesn’t seem to stop here, either. It was around the same time that reports were released that IBM would be working with IP specialists IPwe to represent patents as NFTs as well. As the report notes, “IBM’s blockchain group already works with corporate clients on tech efforts like tracking food supply chains using the blockchain”. Additionally, IBM said in a joint statement that the tokenization of IP “will help position patents to be more easily sold, traded, commercialized or otherwise monetized”. IPwe founder Erich Spangenberg cited that only a small percentage of the patent market is valued. IPwe has been working on a ‘Global Patent Marketplace’ powered by blockchain technology. The team with IBM Services has broadly described this as the “digitization of everything”.

ETH has been a strong performer, helped in part by the emergence of NFTs. | Source: ETH-USD on TradingView.com

The Patent’s Producers & Rights

This NFT is especially unique for a couple different reasons. Firstly, it’s seemingly the first publicly-available patent utilizing blockchain technology, and for a patent within blockchain technology rights as well. Additionally, the NFT has transferrable rights rarely seen at a comparable level. The NFT purchaser receives an executed agreement, and carries the right to sue for infringement should it occur. As the discussion around the most valuable use cases for NFTs continue to evolve, patents could find their way towards the top of the list.

True Return Systems, who have hosted the NFT, is a Connecticut-based financial technology consulting company. Their partner on the project, D. Tiller Law, is a legal firm focused on IP and technology.

Inventor Jack Fonss of True Return Systems noted in the press release that “the most impactful patents are themselves functional works of art”. If this sentiment continues to be shared with rights-holders and inventors, we could see many more patent NFTs to come.

Art and creative engagement, meet utility and innovation.

Related Reading | Dvision Network To Launch Limited Edition NFT Characters At OpenSea Auction 

Featured image from Pixabay, Charts from TradingView.com

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Source: https://bitcoinist.com/let-the-bidding-begin-the-first-nft-patent/?utm_source=rss&utm_medium=rss&utm_campaign=let-the-bidding-begin-the-first-nft-patent

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Blockchain

Ethereum, Dogecoin, XRP Price Analysis: 11 May

Ethereum’s bearish signals could materialize into a correction and the first support mark lay around $3,810-$3800. Dogecoin cut losses at $0.44 but this area would need to be defended over the coming

The post Ethereum, Dogecoin, XRP Price Analysis: 11 May appeared first on AMBCrypto.

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Ethereum’s bearish signals could materialize into a correction and the first support mark lay around $3,810-$3800. Dogecoin cut losses at $0.44 but this area would need to be defended over the coming days as well. Lastly, XRP neared $1.31-support and a breakdown could go as low as $0.91.

Ethereum [ETH]

Source: ETH/USD, TradingView

Since late April, Ethereum’s price jumped from $2,166 to a high of $4,200, while corrections have been few and far between. However, the appearance of a consecutive doji candlestick on the daily timeframe caused created some skepticism in ETH’s most recent rally. In fact, warning signals have been present in the market for the past few days and while buying pressure has kept up despite these signs, a correction might finally be around the corner.

On the 4-hour timeframe, consecutive red candlesticks saw ETH dip closer towards $3,800-support. Additional levels of support lay around $3,560, $3,200 and a sharper sell-off could go as low as $2,530 – a region that coincided with the 50-SMA (yellow). RSI was yet to dip from the overbought region – indicative of an incoming price correction. MACD line was well above the Signal line, but its histogram noted some weakening momentum.

Dogecoin [DOGE]

Source: DOGE/USD, TradingView

Dogecoin cushioned its losses at $0.44-support but some indicators still pointed towards weakness in the market. MACD was close to a bearish crossover. If the present support counters bearish presence over the coming days, DOGE would have established a reliable line of defense at $0.44. This would likely lead to a round of consolidation as DOGE prepares for its next upswing.

A break below $0.44 could go as low as $0.226 (50-SMA). Despite a sharp decline in trade volume, the flow of institutional capital remains healthy for Dogecoin. This was highlighted by Chaikin Money Flow as it maintained above the half-line.

XRP

Source: XRP/USD, TradingView

With regard to XRP, the 50-SMA floated around $1.14 and a dip below this point could lead to another round of sell-off. After steadily rising since early January, OBV started to decline from April 15. A downturn in buying pressure indicated that investors have been taking profits. If this continues over the week, XRP could dip below $1.14 and all the way towards $0.91 before buyers step in.

Awesome Oscillator formed a bearish twin peak- setup that usually sides strongly with the sellers. For a bullish comeback, levels to recapture include $1.52 and $1.66. This could lead to a jump towards the $2-mark.


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Source: https://ambcrypto.com/ethereum-dogecoin-xrp-price-analysis-11-may

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QAN Raises $2.1 Million in Venture Capital to Build DeFi Ecosystem

QANPlatform has successfully closed a $2.1 million funding round and it looks to build a quantum-resistant DeFi infrastructure.

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QANPlatform – a project that is on a mission of building a quantum-resistant hybrid blockchain protocol, secured investment from various venture capital funds to build a DeFi ecosystem.

QAN Successfully Closes a Funding Round of $2.1 Million

The question of whether or not existing blockchain-based PoW networks would stand the test of a quantum computer is one that’s been discussed for quite some time. To this date, many believe that a quantum computer is the most serious threat to Bitcoin as it would be able to solve math problems a lot quicker compared to traditional mining machines.

In any case, in an attempt to tackle these issues, along with others, QANplatform has raised $2.1 million to fund the development of an ecosystem where developers would be capable of building various software applications within DeFi quicker.

Leading the round were the likes of DeltaHub Capital, BlackDragon, Insignius Capital, Fairum Ventures, and so forth.

Speaking on the matter was Johann Polecsak, co-founder and Chief Technical Officer at QANplatform, who said:

“Our key mission is to lower the entry barriers for developers so startups and enterprises can build their Proofs-of-Concept (PoC) and Minimum Viable Product (MVP) as fast as possible to reach mass adoption. We stick to this view and let only community-driven VCs invest in this strategic pool”

Quantum Computing and its Threats

According to a well-known report from one of the largest auditing and security service companies in the world – Deloitte, quantum computing does pose a threat to Bitcoin.

Of course, it’s important to factor in the possibility of such a computer being created and used for this particular purpose, but, in theory, it could cause damage, according to the experts.

For instance, there are around 4 million bitcoins that are potentially vulnerable to a quantum attack. Yet, there are plenty of things to keep in mind when thinking about this. For instance, it’s important to note that these are mostly p2pkh addresses, and only those which have never been used to spend bitcoins are safe because their public keys are not yet public. In other words – if one transfers their BTC to a new address, they should not be vulnerable to a quantum attack.

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Source: https://cryptopotato.com/qan-raises-1-8-million-in-venture-capital-to-build-defi-ecosystem/

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