News

Calgary in Canada Uses Virtual Currency to Strengthen Local Economy

Calgary is the first Canadian city to use a virtual version of its local currency.

This virtual currency, known as the ıla Calgary Virtual Dollar ın, will be used only in Calgary, Alberta, and will be used next to the federal currency, the Canadian dollar.

According to the first report by Global News, Alberta's Secretary of State for Economics, Joe Cerci, took part in the launch of the Calgary Virtual Dollar.

The Calgary Dollar, the forerunner of the Calgary Virtual Dollar, is an initiative of the city, non-profit organizations, small business enterprises and the city. Since the Calgary Dollar has been available in 1996, the task of the complementary currency is; This is to help local businesses in the local economy by ensuring that they remain in the ecosystem. Businesses in the city are obliged to accept at least 10% of the payment in virtual currency.

Celebrating our digital launch! #yyc #belocalyyc @calgarydollars pic.twitter.com/tpjj7embx7

- Calgary Dollars (@CalgaryDollars) December 8, 2018

Upgrading Local Initiatives

During the launch of the virtual currency, Ceci emphasized the hope that this innovation would improve local businesses. As he says:

“I don't mind seeing people making money and seeing things like this happen locally. On the contrary, it is quite fun to meet many people, exchange and exchange with them. Aks In addition, Ceci added, i The Alberta government supports the work of the Calgary Dollar in every way. Bun

The Calgary Virtual Unit is purchased like Bitcoin. One way to achieve this is to transfer to new users or to take surveys. You can also get this currency by declaring ads targeting the purchase, exchange and exchange of products and services.

Users receive a certain amount of virtual money that they can use for transportation, grocery shopping and other services. In addition, this virtual currency can be donated to Take Action Grants, which funds local community projects.

E-Ora of Orania

Calgary Virtual Dollar is similar to E-Ora, another virtual currency tested in South Africa's Orania community. E-Ora is a virtual currency unit used by Orania Chamber of Commerce and used only in Orania, such as its ancestor Ora.

One of the advantages of E-Ora: EBasically, this currency, which is an electronic currency moving from wallet to wallet with every purchase; it is also a currency that wipes out the cost of shopping and saves both the customer and the seller 3ı5% per shopping.”

Source: CCNA

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Industry News

SEC Accuses 5 Insiders of BitConnect for Illegal Promotion

SEC, Yasadışı Tanıtım’dan BitConnect İçerisinden 5 Kişiyi Suçladı

About the five people at BitConnect SECIt said it “violated Federal Securities laws.”

The SEC's complaint is that “persons who support the BitConnect Program are sold without registering the Securities with the Commission and registering as a broker-dealer with the Commission as required by law.” BitConnect's lending program is said to encourage people to invest in potential investors, including Trevon Brown, Craig Grant, Ryan Maasen, and Michael Noble, by creating promotional-style videos and posting them on YouTube. It is also claimed that some YouTube channels that make promotions are paid on a commission basis in return for their promotional efforts.

Shortly after his release, Trevon Brown (better known as Trevon James) posted a tweet saying he didn't deny the charges and said the community would "rally" around him.

Real crypto OG's will rally around me.

The real ones that know the truth, and what happened from day 1.

Talk to you guys soon.⏳#FreeTrevon

— Trevon James, Founder of our.glass Crypto (@BitcoinTre) May 28, 2021

Lara Shalov Mehraban, Deputy Regional Director of the SEC's New York Regional Office,

“We will try to hold accountable those who make illegal profits by taking advantage of the public's interest in digital assets”

said.

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Bitcoin News

Who Has The Most Bitcoin (BTC) Savings?

Bitcoin Analizi, Bitcoin 5.700 Doları Geçti!

According to the research result, the Winklevoss twins own 150,000 BTC, but there are names that own more Bitcoin than them…

Blockchain Center, which investigates who owns the largest amount of Bitcoin (BTC); From Winklevoss twins to scammers, from hackers to "zombie coins", he laid out all the data.

On the other hand, the most famous hacking case of the cryptocurrency world, Mt. Gox incident allegedly owned 166,000 BTC.

It is claimed that 30,000 BTC seized from the Silk Road scandal is in the hands of Tim Draper.

Plus Token scammers were said to have 200,000 BTC.

On the other hand, “Zombie coins” are surprisingly plentiful. These tokens we are talking about consist of 1.5 million BTC, which will never be used and will not be spent by anyone forever.

Grayscale's Bitcoin Trust is known as the largest institutional Bitcoin investment vehicle and currently holds over 400,000 BTC of liquidity. Lightning Network only holds 1,000 BTC, while Ethereum (ETH) has another 80,000 BTC locked.

Another 2.5 million Bitcoins are expected to enter circulation over time. Time will tell which other names will be included in this list.

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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