Bitcoin
CBEEX, WeBank and Green Inclusive jointly introduce Blockchain into Green Mobility Inclusive Platform
On June 5th, China Beijing Environment Exchange (CBEEX), WeBank and Green Inclusive jointly announced that they will carry out technical cooperation for the development of the Green Mobility Inclusive Platform using blockchain. The three parties signed a Green Mobility Blockchain Strategic Cooperation Framework Agreement during an online launch conference.
At the conference, Henry Ma, EVP and CIO of WeBank, released the first white paper on the social governance framework based on blockchain technology, MERITS (Measurable Ethics: Rating, Incentivization, Tracking & Supervision Framework), which aims to unite multiple participants to accomplish the mission of technology-enabled promotion of good deeds.
The Green Mobility Inclusive Platform serves end-users through its WeChat Official Account and WeChat Mini Program, and adopts the FISCO BCOS open-source consortium chain platform, according to the Green Mobility Blockchain Strategic Cooperation Framework Agreement. The WeBank-led blockchain infrastructure FISCO BCOS is a financial-grade blockchain platform open sourced in 2017.
The Green Mobility Inclusive Platform promotes the reduction of greenhouse gas emissions by limiting motor vehicle usage. In the future, the platform will include more transportations like bus, subway, etc for the green mobility scenario.
WeBank releases the “MERITS” White Paper to encourage public to promote good deeds
“The platform is upgraded and optimized under the MERITS framework to ensure open and transparent processes of issuance, distribution, sponsorship, exchange, clearing and settlement, supervision and auditing with real-time traceable and verifiable records. Empowered by leading-edge technologies like AI, Blockchain, IOT, it may reach consensus among parties effectively while meeting compliance requirements and enhancing credibility,” Henry said.
The Green Mobility Inclusive Platform is the first landing project based on MERITS framework. Through the design of participants’ roles and operating processes, the three core mechanisms of MERITS can be reflected: First, Rating Mechanism, the green and low-carbon travel behavior of users of Green Mobility Inclusive Platform is recorded by the Internet and IOV (Internet of Vehicles) devices and accurately measured by carbon emissions. Secondly, the Incentive Compatibility Mechanism allows each participant of Green Mobility Inclusive Platform to take actions based on their own demands to realize the result of win-win and advocating low-carbon values. Finally, to balance innovation with risk, the Compliance Governance Mechanism allows the Green Mobility Inclusive Platform to meet the regulatory and auditing requirements by taking advantage of the immutability, full process traceability, and multi-party consensus of adopting blockchain technology.
“CBEEX has exerted its innovative advantages and jointly released the Green Mobility Inclusive Platform with WeBank and Green Inclusive. Through market-based incentives, we promote a method for the public to travel environmentally friendly. The platform also incorporates the social governance framework MERITS proposed by WeBank, to encourage everyone’s good deeds through technological means,” said Wang Huijun, EVP of CBEEX.
“The Green Mobility Inclusive Platform is combined with the concept of MERITS, using blockchain technology to attract more participants to join in. The established green inclusive ecological closed-loop sustainable economy ensures that carbon points will be used to reward users for their carbon emission reductions,” said Jiang Nanqing, chairman at Green Inclusive.
MERITS provides solutions for efficient governance in epidemic management and containment
Looking into the future, Henry mentioned MERITS can also be applied to Environmental Protection, Personal Fitness and Health, Cultural Enrichment, Philanthropy and Community Service as well as Public Health. Particularly, in the global fight against the COVID-19 pandemic, by applying the MERITS framework, public health administration can join hands with nongovernmental parties in the aim to encourage organizations and individuals to actively participate in and contribute to coronavirus prevention efforts.
For instance, the Incentive Compatibility Mechanism can be designed to encourage individuals to declare travel history or other related information, take temperature, and self-isolate, which will help effectively contain the spread of the infection.
“With the help of MERITS, WeBank hopes to work with our partners globally to promote good acts of kindness with science and technology. In this regard, the Incentive Compatibility Mechanism of MERITS can benefit from open collaboration and serve to guide the public to practice good deeds through positive tangible incentives,” Henry said.
SOURCE WeBank
Bitcoin
LQWD Technologies To Attend Pacific Bitcoin Conference 2023
LQWD Technologies (TSXV: LQWD) (OTC: LQWDF) a front-runner in Bitcoin Lightning Network solutions, is pleased to announce its participation in the Pacific Bitcoin Conference 2023. This premier event is scheduled to take place in Santa Monica, CA, on October 5-6.
Representing LQWD Technologies at the conference will be CEO Shone Anstey, who will be hosting a dedicated booth.
The Pacific Bitcoin Conference serves as a nexus for knowledge exchange and networking in the realm of Bitcoin and blockchain technologies.
Those interested in attending can find more information and purchase tickets on the official event website. To arrange a meeting with the LQWD Technologies team, please reach out to [email protected].
Website: www.lqwdtech.com
Twitter: @LQWDTech
This press release contains “forward-looking information” within the meaning of applicable securities laws relating to the Company’s business plans and the outlook of the Company’s industry. Although the Company believes, considering the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this press release and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by applicable securities laws.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
SOURCE LQWD Technologies Corp.
Bitcoin
GoMining Reveals Cutting-Edge North NFT Collection
Leveraging its vast experience since 2017, GoMining is leading the way in bitcoin mining, providing users with an effortless and user-friendly service. Now the company has introduced the so-called North Collection.
The company’s NFT collections provide daily bitcoin rewards to holders, with their substantial fleet of real equipment installed across the globe. Continuing their successful streak after the highly acclaimed East NFT Collection, this latest release marks the next installment in a series of crypto art devoted to various regions. GoMining’s fresh North NFT Collection draws inspiration from three key references: the critical role of low temperatures in mining device operations, the restraint and resilience found in northern regions, and the empowering force driving their endeavors. These references served as the foundation for the collection’s captivating images, reflecting the core principles behind GoMining’s innovative approach to bitcoin mining.
GoMining’s new NFT series is issued on the Binance Smart Chain, utilizing the BEP-20 standard for seamless integration and accessibility. With an impressive energy efficiency rating of 35 W/TH, these NFTs ensure the quickest payback period for holders. Moreover, the NFTs offer a diverse range of computing power options, spanning from 1 to 128 TH/s, accommodating various mining requirements and preferences.
In just over two years, GoMining has achieved remarkable growth. The platform has distributed more than 2,000 BTC to holders, issued 20,000 NFTs, and elevated its overall hash power from 100,000 TH/s to an astounding 2,359,877 TH/s. This exponential progress showcases the project’s resounding success and commitment to innovation in the cryptocurrency and NFT space.
As per GoMining’s CEO Mark Zalan, the company is doing everything to offer a broad variety of options to its holders, proving its sustainability and transparent approach. “We’ve been in operation for over two years providing consistent rewards for our holders daily. All of our efforts are aimed at showing tangible infrastructure behind the product – in this case real equipment with data centers in different regions like Norway.”
GoMining remains dedicated to introducing updated versions of its NFTs, originally crafted to provide easier access to bitcoin mining. All NFT collections, such as the renowned collaboration with MMA star Khabib Nurmagomedov, combine visually stunning designs with real equipment-generated computing power, offering continuous mining rewards to their owners.
The new North collection is available here.
Bitcoin
New study reveals the cryptocoins that the US wants to sell the most
A new study has revealed the cryptocoins Americans want to sell the most, with Bitcoin taking the top spot.
The research was conducted by crypto gambling experts at cryptogambling.tv, who analyzed Google Trends data to establish the cryptocurrencies the US wants to sell the most out of the 24 largest cryptocurrencies by market cap, giving an average weekly search volume for the interest in selling each cryptocoin.
The study revealed that Bitcoin has the highest number of searches from Americans looking to sell this cryptocurrency. Searches to ‘sell bitcoin’ were the highest at the end of July in the United States and worldwide.
Many factors might sway someone to sell their Bitcoin, with the main reason being the current financial and economic strain many countries in the world are facing, prompting people to tap out and cut their losses. Last year the price of the cryptocoin dropped below $16,000, which highlights its downfall tremendously, and with Bitcoin’s value being based purely on speculation, it can be challenging for those who don’t know whether or not to stick with it.
Ethereum is the second cryptocoin Americans want to sell the most, with searches for ‘sell Ethereum’ being the highest in September worldwide. Although the currency is known for owning around 20% of the global crypto market, those wanting to invest tend to agree that it is one of the safest long-term coins. The current price of Ethereum is $1,458, and with the cryptocoin shifting its process from PoW to PoS, it’s predicted its supply may reduce.
XRP is the third cryptocoin Americans want to sell the most, as it is predicted that its price will be near $0.198 by the end of this year. XRP runs by RippleNet and is a low-cost coin which is excellent for those who want to begin investing; however, due to the current lawsuit proceedings with the SEC, there is a significant decrease in interest for the currency, which has undoubtedly urged investors to act fast and sell.
The fourth cryptocoin Americans want to sell the most is Dogecoin, which, although it has remained one of the top cryptocurrencies in the industry, is still not a solid investment for many investors. The coin rose over 15,000% over 2021, and for a cryptocoin which was created as a joke when it first began, it has truly exceeded expectations. Many avoid investing in Dogecoin due to its price volatility, no supply limit, and not being as widely accepted as other competing coins; these are reasons why many also want to sell.
Shiba Inu is the fifth cryptocoin that Americans are looking to sell, and while the coin is top-rated, it is advised that those looking to invest should not use it as a long-term investment. The coin is down almost 92% since 2021, but many investors hope it will still go up in time as it is currently at over 589 trillion.
An expert at cryptogambling.tv commented: “The cryptocurrency market is forever fluctuating, and with the increase in economic stress worldwide, it can be an uncertain and nerve-racking time for those hoping to make sound investments in the crypto world.
“This study offers an interesting insight into which cryptocoins Americans currently want to sell, with Bitcoin being the most popular to sell.”
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