Image of the week 16 Jule - 20 Jule
Only the most valuable stories from only the proof sources. Each and every event from this list will change the world of the digital economy either way. The most important of this week stories in the most indicative quotes below!
20/07
EOS and Ethereum Dominate China’s New Crypto Ratings Index as Ripple, NEO and Stellar Slip (dailyhodl.com)
China’s Ministry of Industry and Information Technology has just unveiled its third official cryptocurrency ratings index. There are 31 coins on the latest list. Each coin is scored based on its underlying technology, application and innovation.
19/07
US Congressman Calls for Ban on Crypto Buying and Mining (coindesk.com)
A U.S. lawmaker has called for a blanket ban on cryptocurrency buying.
Congressman Brad Sherman is no stranger to controversial statements on the subject – back in March he called cryptocurrencies "a crock" – and during the Wednesday hearing of a subcommittee for the House of Representatives Financial Services Committee, he went so far as to advocate keeping Americans out of the market entirely because of the potential criminal usage. Norbert Michel, director for the Center for Data Analysis at the Heritage Foundation, pushed back against the idea that criminal use should define cryptocurrencies as a whole and told the panel that criminals also use planes,computers and cars and this idea is fundamentally flawed.
18/07
Russian miner and holders of crypto won’t have a special rates (iz.ru)
Miners of the digital currencies in russia won’t be paying any special taxes so far, and their tax burden is going to stay on the same level as it used to be.
Mastercard could allow Bitcoin transactions on credit cards (yahoo.com)
Paying for everyday purchases using Bitcoin has moved a step closer to reality, after Mastercard won a patent for technology allowing cryptocurrency transactions to be carried out on a credit card. However no company yet announced that they are going to releases such a card, but this can change in a near future.
Boeing Will Use Blockchain Tech to Track Unmanned Air Vehicles (ccn.com)
Aerospace giant Boeing has announced its intention to tap blockchain technology to keep an eye on unmanned air vehicles used for cargo transport and urban air travel in the future.
Boeing technology chief Greg Hyslop commented this news like this: “We’re at a point in history where technological advances and societal trends are converging to demand bold solutions and a different way to travel.”
17/07
IBM Is Working With a 'Crypto Dollar' Stablecoin (fortune.com)
IBM is experimenting with cryptocurrency, that is pegged to the U.S. dollar may be a better option for making payments than other digital currencies, which tend to be volatile due to the legislation and market. IBM that pioneered the business usage of the blockchain, uses Stronghold USD, bank backed cryptocurrency.
16/07
Kodak Bitcoin mining 'scam' evaporates (bbc.com)
The company behind a Kodak-branded crypto-currency mining scheme has confirmed the plan has collapsed. Crypto Miner called KashMiner was never officially licensed by Kodak and was overall unrealisic. “There is no way your magical Kodak miner will make the same $375 every month," wrote economist Saifedean Ammous, who pointed out that anybody taking the gamble would have made a loss on their investment.