Global cryptocurrency platform Liquid.com (“Liquid”) will be listing Metacoin (MTC), the world’s first Hyperledger-based token, for secondary trading.
Metacoin is a project focused on expanding the blockchain ecosystem by solving fundamental issues that the traditional cryptocurrency has yet to overcome such as scalability and security. Released as a mainnet platform in 2018 as the first commercialised mainnet based on the Linux Foundation’s Hyperledger Fabric, Metacoin currently boasts several key projects such as:
- Issue token (https://issuetoken.io/) a service where businesses can create their own token
- A wallet service (https://wallet.metacoin.network/)
- A block explorer (https://metascan.io/)
Several notable Dapps are also currently being built on the Metacoin platform such as:
- Play bits (https://playbits.io/), a powerful blockchain gaming platform,
- Coldbank (https://www.coldbank.io), a custodian service that aims to provide a high level of security on IBM’s LinuxONE
- Autosdaq (https://autosdaq.com/) an exchange that seeks to create an ecosystem where mobility-related products and services can be used with cryptocurrency.
Jay Baek, V.P. of INBLOCK said, “We’re excited about the listing of Metacoin on Liquid. As one of the largest, most secure and reputable exchanges globally, Liquid will offer best-in-class security to anyone looking to trade and hold MTC. More importantly, being listed on a major exchange is aligned with our mission of creating new value through collaborations with other companies and business support.”
Metacoin aims to solve two fundamental issues in blockchain technology — scalability and security — by implementing its node into LinuxONE. By doing so, Metacoin is not only able to further secure and protect users’ data but handle millions of transactions per second in a safe and secure manner.
“We are delighted to be the first global cryptocurrency exchange to add Metacoin to our offering of digital assets on Liquid, and also be the first exchange to be able to support projects built on Hyperledger,” said Mike Kayamori, CEO and co-founder of Liquid. “The ability to support Hyperledger-based projects is certainly an important step towards our mission of providing liquidity to the crypto economy.”
Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. Hosted by the Linux Foundation, it is a global collaboration that includes leaders in finance, banking, Internet of Things, supply chains, manufacturing and Technology. Hyperledger Fabric currently supports distributed ledger solutions for a wide range of industries and maximises the confidentiality, resilience and flexibility of blockchain solutions through its modular architecture.
To celebrate the listing of Metacoin on Liquid, the Liquid and Metacoin teams have decided to provide a 1% bonus for anyone who deposits more than 1,000 MTC and a 3% bonus for anyone who deposits more than 30,000 MTC on Liquid. Liquid and Metacoin will also host a Trading Competition that rewards 1,000 MTC to the top 100 users in trading volume at the end of the campaign. More details will be shared soon. For the latest updates, follow Liquid on Twitter at @liquid_global
OKEx Launches OKB Ecosystem Monthly Report: Expands 5 C2C Markets and 36 New Use Cases
On Dec 10 2019, the world leading crypto exchange OKEx launched OKB Ecosystem Monthly Report. According to the report, OKB ecosystem made great progress mainly on two aspects: transaction and new use cases expanding.
OKB is newly listed on five C2C exchanges covering major countries and areas recently. In addition to that, the number of OKB new use cases reached 36, including 11 platform-empowered use cases and 25 external use cases.
Besides, through a buy-back & burn scheme and the token economy model, OKB is now ranked among the top 20 global cryptocurrencies by market capitalization with approx. USD110 million daily average trading volume in C2C market.
Now, OKB is being turned into a global token. Thus, to occupy the C2C market, the first step for users to get into crypto world is crucial. OKB is now on OKEx C2C market, accounting for approx. USD110 million daily average trading volume from tens of thousands of users.
Besides, OKB is also listed on ALINIEX, Bvnex, two major C2C exchanges in Vietnam and Bitsonic, Probit, two major C2C exchanges in South Korea.
Apart from expanding transaction methods, OKB also made huge improvement in expanding use cases. The report shows that the number of OKB platform-empowered use cases has increased to 11 and teamed up with 25 partners to build the OKB ecosystem, which means, OKB is not only a token based on OKEx, the native token on the soon-released OKChain and OKDEx and the only accepted token for OKEx jumpstart, but also expanded to other industries, like network security (Slowmist, Beosin, Certik), finance service (13 platforms including LinkEye, Molecular Future, etc.) and lifestyle (9 platforms including Tripio, BitTorrent, etc.)
For example, OKB holders can book their stay at 450,000+ hotels worldwide with OKB on Tripio, the world’s first decentralized travel booking marketplace based on blockchain.
At the end of the report, it also disclosed some details of OKChain and OKDEx. OKChain is currently at the final development stage and its testnet will be launched soon. As the first Defi application OKDEx will also be available on OKChain by that time.
ANSYS Accelerates Electronic Product Design And Signoff For Global Custom ASIC Leader
Global Unichip Corp. (GUC), the global custom application-specific integrated circuit (ASIC) leader, has adopted ANSYS (NASDAQ: ANSS) to support its unmatched combination of advanced technology, low-power and embedded CPU design capabilities.
Providing advanced ASIC services that meet the needs of today’s innovative technology enterprises requires a fast introduction, timely resolution to customer problems and successful signoff. GUC selected ANSYS® RedHawk-SC™ to support the significant needs of its customers by effectively executing designs with more than one billion device instances and completing the full-chip systems-on-chip (SoC) power integrity and reliability signoff in less than two days.
ANSYS RedHawk-SC is built on ANSYS® SeaScape™ — the world’s first custom-designed, big data architecture for electronic system design and simulation. ANSYS SeaScape features big data architecture for electronic system design and simulation and provides elastic compute scalability to enable rapid design iteration, increased scenario coverage and greater accuracy for full-chip SoC signoff for advanced nodes. ANSYS RedHawk-SC’s actionable analytics provide designers with key insights to prioritize design fixes and enable easy viewing and querying of large design databases in minutes for faster debugging. Efficient hardware utilization makes the platform ideally suited for high-performance computing, artificial intelligence and datacenter applications.
“GUC is committed to providing world-class custom ASICs to help elevate prospective systems and integrated circuit (IC) companies’ market-leading positions,” said Louis Lin, senior vice president, GUC. “As IC manufacturing processes become more complex, there are more elements to simulate and compute during chip design and verification to ensure reliability and minimize power loss. ANSYS helps us minimize this complexity, speed our time to market and reduce development costs. Our partnership with ANSYS has been a cornerstone in helping our clients succeed in the IC market.”
“As a custom ASIC leader, GUC requires cutting-edge solutions for fast and accurate results,” said John Lee, vice president and general manager, semiconductor business unit at ANSYS. “RedHawk-SC meets the market’s unique needs for addressing multiphysics challenges — we are seeing an influx of customers deploying RedHawk-SC for the most complex product and design signoff.”
SOURCE ANSYS, Inc.
The first global, stabilised, digital currency controlled by its holders, SAGA (SGA) lists on global cryptocurrency exchange Liquid
Global cryptocurrency platform “Liquid.com” today announced that it is the first exchange to list Saga token (SGA) for secondary trading.
SGA is the first global, stabilised, digital currency controlled by its holders and will allow global citizens to store and move value without friction across borders. It complements existing national currencies and offers a store of value outside the remit of national government and banking structures.
In order for SGA to serve as a global currency, it is fully backed by a strong basket of national currencies that replicate the International Monetary Fund’s SDR. Based on the SGA’s market movements, measured by the number of tokens issued, the Saga monetary model will gradually diminish reliance on the reserve as users’ confidence in SGA grows. Together, these measures are designed and implemented to reduce price volatility while allowing SGA to grow beyond a simple fiat-backed / pegged stablecoin.
SGA holders will also be the masters of the currency and, as a result, they will govern the Saga economy through a variety of voting mechanisms, designed to facilitate genuine representation of participants – balancing between identity and stake – and to generate long-term success for the currency. Holders will have to undergo an online Know Your Customer (KYC) process that ensures compliance within Anti-Money Laundering (AML) standards while maintaining their privacy.
The Saga token will initially be traded against the USD, Bitcoin and Ethereum, while more trading pairs are expected in the future.
“After in-depth conversations with our advisors and months of carrying out our own market research, we decided that Liquid is the ideal exchange partner for Saga. Liquid is one of the largest and most reputable cryptocurrency exchanges, offering customers a secure way to trade and hold SGA,” said Saga Founder Ido Sadeh Man. “Listing SGA on Liquid is an important milestone in bringing the Saga token to market.”
“We are delighted to offer Liquid customers the opportunity to buy and trade SGA. We believe SGA offers our traders an interesting opportunity as we see great value in Saga’s approach of replicating the mechanics of central bank national currencies and applying them on a global scale,” said Liquid’s CEO and co-founder, Mike Kayamori. “At Liquid, our core values are transparency and compliance, and as these are two key properties of SGA, a partnership between Liquid and Saga was a natural match.”
Blockchain8 months ago
XWallet crosses 100,000 registered users
Blockchain5 months ago
How hard is it for businesses to comply with VAT/GST obligations around the world? In which countries is it optimized?
Latest News7 months ago
Discovery 2019 to feature 5G networks, autonomous vehicles, robotics, ag-tech and many more leading-edge Ontario innovations
Latest News3 months ago
Xpeng Motors kicks off G3 2020 Edition EV delivery at Chengdu Motor Show
Latest News5 months ago
nCino Acquires Visible Equity to Drive Deeper Insights, Compliance and Advanced Analytics for the Financial Services Industry
Latest News7 months ago
CEO-CMO Summit Vietnam 2019 will take place on May 31
Latest News6 months ago
Mogo Finance Technology and Difference Capital Announce Completion of Business Combination and Formation of Mogo Inc.
Latest News3 months ago
CAIR ‘Appalled’ by Appointment of Trump’s New Acting National Security Adviser Who Served on Board of Anti-Muslim Hate Group