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This Peruvian app is the Waze of preventing street crime

Oct04
by on October 4, 2018 at 11:02 am
Posted In: Around the Web, syndication


Unfortunately, in Latin America and many other places around the world, robberies are a part of urban life. Moisés Salazar of Lima has been a victim of petty crime in the streets, which is what led him to create Reach. The application that markets itself as a kind of Waze for street crime alerts users through a map of incident reports or crimes that display visibly on your phone. “This app allows all citizens to connect with each other and share information so that we can prevent crimes and find alternatives to help the people we connect with or authorities using the…

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Diversifying blockchain: Women get 85% discount on Hard Fork Decentralized tickets

Oct04
by on October 4, 2018 at 10:59 am
Posted In: Around the Web, Hard Fork


The blockchain industry has become more aware of its lack of diversity, and we’re beginning to move in the right direction to tackle the issue. At Hard Fork Decentralized, our blockchain and cryptocurrency event, we want to help by making sure that all voices are equally heard. That’s why we’re offering an 85-percent discount on tickets for women interested in blockchain. Our aim is to bring more women to both the event and the industry, start a real conversation, and make everyone feel welcome. In short: we want to do something about gender inequality in blockchain. The three-day event will…

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Japan Bank Consortium launches its Ripple-powered payment app

Oct04
by on October 4, 2018 at 10:23 am
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


Japan has finally given the green light to the Japan Bank Consortium to launch its Ripple-powered payments app for Android and iOS. The news comes straight from Ripple themselves. “The Japan Bank Consortium launched MoneyTap today, a Ripple-powered payments app to offer real time settlement for domestic payments in Japan,” the company wrote on Twitter. But before you scream out “mass adoption” in triumph, it is worth pointing out that the app won’t process cryptocurrency-based payments. Instead, it will merely utilize Ripple’s distributed ledger technology (DLT) to facilitate payments between banks and institutions. For the record, Money Tap is developed…

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US rules cryptocurrencies are commodities in $6M fraud case

Oct04
by on October 4, 2018 at 10:04 am
Posted In: Around the Web, cryptocurrency, Hard Fork


The US Federal Court has ruled that virtual currencies (like Bitcoin) are commodities – like coffee or oil. The judgement comes as part of a wider commodities fraud case, involving an (allegedly) illegitimate cryptocurrency called My Big Coin (MBC). In late September, Senior Judge Rya W. Zobel declared the power to prosecute alleged cases of commodities fraud involving cryptocurrency. “[T]he Court held […] the particular virtual currency at issue, MBC, was a commodity under the Commodity Exchange Act (CEA).” read a statement. “According to the Court, the term ‘commodity’ “includes a host of specifically enumerated agricultural products as well as ‘all other goods and…

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Why Abra’s new ‘ETF’ cryptocurrency token is far more complicated than it sounds

Oct04
by on October 4, 2018 at 9:03 am
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


Coinbase isn’t the only one trying to make cryptocurrency easier to invest in. Cryptocurrency exchange and wallet provider, Abra, has launched a new investment token to help upstart investors get into the cryptocurrency game, without actually having to buy any cryptocurrency. Abra’s exclusive new token, the BIT10, helps Abra users to invest in the top 10 cryptocurrencies of the month. Importantly, when a user buys a BIT10 token they are not actually buying any cryptocurrency, but rather a kind of synthetic exposure to the cryptocurrency market. Let me explain. The BIT10 token will track the top 10 cryptocurrencies every month.…

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