Blockchain News

Binance, Ethereum and Tron will race with their own Blockchain Network!

The world's largest crypto exchange, Binance, is launching its own blockchain, which will support its decentralized stock exchange Binance DEX and Binance Coin in the coming months.

The world's largest crypto exchange and one of the largest crypto companies, Binance, to adopt blockchain technology continues to announce its ambitious plans.

According to its announcements, the company plans to launch its own blockchain network. Although the exact date has not been determined, the company said the network will start in the first few months of 2019.

Binance also announced that it will carry its own crypto-currency, Binance Coin (BNB) from the Ethereum network to Binance Chain.

Bir The details of Binance Coin's transition from being an ERC20 Token to the existence of Binance Chain will be announced soon.

As stated in the press release:

”Binance DEX has been built for the blockchain community as part of developing our mission to spread the freedom of money.“

The company is launching its own network, following the previous plans announced to launch a completely new decentralized stock market. According to Binance, The community-centered decentralized stock market will allow investors to buy and sell their digital assets without having to deposit money into a central stock exchange.

Binance Chain Ethereum's Scaling Problems

Binance, the new network he said that millions of entrepreneurs and developers around the world will allow to create token. This situation, like the new network Ethereum smart contracts platform supports claims that it can be designed as.

On the other hand, Binance CEO Changpeng Zhao, I EthereaHe criticized the lack of speed and scalability. He believes that the most important barriers to projects supporting smart contracts such as EOS and TRON are that they are rather slow to ensure the adoption of the mainstream.

Although Ethereum developers have agreed on an update to address key issues such as scalability, Binance seems determined in its plan to launch its own network and decentralized exchange.

The Binance Chain will be a decentralized platform with high processing capacity and easy to use. This feature rivals platforms supporting smart contracts such as Ethereum, Tron and EOS.

Source: Cryptoslate

Related Topics:the building of blockchain crypto guide

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Blockchain News

National Fisheries Institute and IBM's Blockchain Tracking System Food Trust

Ulusal Balıkçılık Enstitüsü ve IBM’in Blockchain Takibi Sistemi Food Trust

The United States seafood trade association, the National Fisheries Institute (NFI), is working with Food Trust, IBM's blockchain supply chain solution, to monitor FoodOnline's reports on June 11 seafood and food-related news.

In the report, they mentioned the new system for monitoring the type of seafood jointly carried out by multiple companies. In addition, NFI members representing harvesters, importers, cold storage, food service restaurants and retail sales were also included in the program.

IBM's Blockchain Tracking System Food TrustSIRF President's Statement

The project is funded by the Seafood Industry Research Fund (SIRF), whose chairman Sean O'Scannlain said in a statement on developments:

“The tracking system is nothing new to the seafood industry, but we'll test how blockchain is a new concept, with IBM's Food Tracking system, helping seafood businesses earn revenue and reduce costs to customers from harvest to distribution.”

The system also states who can access and how long companies can control data, and who will retain control after the chain is loaded. Raj Rao, IBM Food Trust general manager Food Food Trust can change any sector, especially when we have large ecosystems, businesses and organizations ” He said.

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Source: Cointelegraph

Blockchain News

Visa Launches Global Cross-Border Payment Network for Some Aspects of Blockchain

Visa, Blockchain'in Bazı Yönlerine Yönelik Global Sınır Ötesi Ağı Başlattı

Visa, the US payment giant, has launched a cross-border payment network derived from some aspects of Blockchain technology.

“Visa B2B Connect” The network is designed to facilitate international exchanges by global financial institutions, enabling direct interbank payments between businesses.

Visa's Global Cross-Border Payment Network

According to the report, the network already includes 30 trade channels worldwide to enable faster and cheaper cross-border payments and is expected to expand to 90 markets by the end of 2019.

Visa B2B Connect includes elements of the open source distributed accounting technology (DLT) Hyperledger, which was developed in part by a group led by the Linux Foundation. blockchain technology.

Kevin Phalen, managing director of Visa Business Solutions, reported in particular that some aspects of blockchain technology are used because of the ability to transfer more data on a payment than any existing payment system.

The network is a collaboration with e-payment operator Bottomline Technologies and fintech, FIS, as well as collaboration with the world-class IBM. It was reported that Visa initially worked with a cryptographic notebook systems manufacturer to improve the product.

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Source: Cointelegraph

Blockchain News

What is Istanbul Blockchain School?

İstanbul Blockchain Okulu (Istanbul Blockchain School) Nedir?

A new step came from Turkey. After the rapidly increasing development in the area of Blockcha in Turkey in this race proves the continuity of Turkey's first Blockcha School project, which was announced the school's Blockcha Istanbul.

Sunday, May 30, 2019, the Capital Market Association of Turkey and Istanbul Development Agency in partnership combined with innovative and creative Istanbul Association of Financial Support Program launched under the Habitats Istanbul Blockchain School Project was launched.

In order to participate in these trainings for the developers, entrepreneurs, high school and university students living in Istanbul, as well as young technical professionals in the informatics and finance sector, on the website need to follow up announcements.

İstanbul Blockchain Okulu

Initiative is also home Inogen events that have occurred in Turkey Capital Market Association Secretary General Contact ilkay directly, Istanbul Development Agency Representative View Yasemin's Full Profile, Bahçeşehir University, Blockchain Research and Application Center Director Dr. Bora Erdamar, Habitat Association Chairman Sezai is ready and İstanbul Blockchain School Project Coordinator Ismail Metin She attended.

“We aim to close the education and human resources gap in the Blockchain area“

Istanbul Blockchain School İsmail Metin, Project Coordinator, said that they have implemented Blockchain School project in order to become a game maker in the field of technology.

We are opening a new breath to the Istanbul ecosystem.@istkaorgt is and supported by the @habitatderneg as @tspborgt is in partnership the @blockchainokul share our project with the public. We're excited, proud. pic.twitter.com/7be21xa8t to

- İsmail Metin (@ismaillmetin) May 30, 2019

Ismail Metin also has raising awareness about blockchain He added that they aim to train specialist software and added:

Uz We are aiming to bring Blockchain project, prototype and business models to various sectors in Istanbul, especially finance. In our target group there are developers, entrepreneurs, high school and university students in Istanbul and young technical staff in IT and finance sector in Istanbul. Hedef

“We aim to include this target group in our blockchain project. In our country, we aim to close the education and human resources gap in the blockchain field. Ül

Istanbul Blockchain School

Crypto coinsNowadays, it is used as a means of payment, explaining the text, continued as follows:

Iz After 10 years, we may have to tell the children that the coin was once used as a means of payment. The emergence of the Internet is called the technology revolution. İnternet

Iyor Blockchain technology is considered to be the second revolution in technology after the emergence of the Internet. Blockchain offers a completely open, free and accessible ecosystem. Blockchain is a technology that has the capacity to affect many areas of the world of finance as well as the state-citizen relationship, logistics, health, real estate, education. Block

Habitat Association of Information and Communication Technology Program Coordinator Ismail launch began with the presentation of the text, Habitat Association Chairman Sezai Ready, Turkey Capital Market Association General Secretary Ilkay Arikan and the Istanbul Development Agency Representative continued with Jasmine craving Mailoğlu opening speech.

Launch program, the Blockcha After the panel on technology, it ended. All details about the project will be announced in the coming days.

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