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Blockchain

Soriano Motori, the first motorcycle company to accept cryptocurrencies as payment worldwide

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Soriano continues with its innovative trend and becomes the first Italian motorcycle manufacturer to accept cryptocurrencies as a payment method worldwide. New digital ecosystems are taking hold in society and offer new international business opportunities for both customers and sellers.

The Italian brand accepts a wide range of digital currencies: Bitcoin (BTC), Ethereum (ETH), BTC Cash, LiteCash or LiteCoin (LTC) to facilitate the purchase of all its customers and that they can have their motorcycle regardless of the currency or their country of origin.

“All our clients will be able to benefit from the great advantages that cryptocurrencies offer. Thanks to digital currencies such as Bitcoin, we can carry out international transactions without commissions or without attending to exchange rate fluctuations, among others,” says M. Soriano, founder of the group and experienced investor in cryptocurrencies.

The luxury sector’s commitment to cryptocurrencies

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The two-wheeled vehicle sector, led by Soriano Motori, thus joins companies from other luxury sectors in the commitment to “digital gold.” Although some automobile and second-hand companies had already entered this world in some territories, Soriano Motori became the first manufacturer of motorcycles to accept this method of payment worldwide.

Soriano Motori’s eCommerce store is integrated with the Coinbase cryptocurrency trading platform and an advanced blockchain system that always guarantee the security of transactions.

The three electric models designed by the Italian brand can now be reserved in an exclusive edition of 100 units at www.sorianomotori.com. The V1-R has a power of 58 KW, the V1-S with 58 KW and the V1-Gara with 62 KW and they have a starting price of € 25,500, € 30,500, and € 32,500, respectively.

At the current exchange rate for BTC, the most widely used digital currency today, users could purchase any of the models for a little more than 2 BTC. The customer will always pay the amount according to the value set by the market at the time of purchase. In addition to cryptocurrencies, the firm accepts euros, dollars, and sterling.

Completely handmade design EV motorcycles

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The motorcycles are completely handmade and designed. In addition to choosing the color of the chassis, brakes, you can decide the seat material and the sound that your motorcycle carries (Silent EV, Urban EV or Sound of the Future). About half have already been sold in the United States and this first edition is expected to be sold out in the coming months, according to company estimates.

They all feature a duo-flex engine platform, a 20-kWh battery, five gears (plus one reverse gear) and a hydraulic anti-bounce clutch. In addition, the peripheral brakes with which they are equipped stand out. For greater driving comfort and safety in critical situations, its sophisticated front suspension system has a central shock absorber at the height of the steering column.

Blockchain

LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape

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Blockchain

Bybit One-Click Buy Offers a Winning Chance in First-Time Deposits Lucky Draws

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Blockchain

Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)

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Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:

BlackRock ETF Embraces Blockchain with First Muni Bond Purchase

BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.

By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.

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Source: Yahoo Finance

Plume Secures Funding for Tokenization Platform

Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.

Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.

Source: Fortune

SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips

SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.

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As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.

Source: The Quantum Insider

Deutsche Bank’s Public, Permissioned Blockchain Initiative

Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.

The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.

Source: CoinDesk

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KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands

Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.

By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.

Source: PR Newswire

Industry Implications and Key Takeaways

Today’s developments highlight the transformative potential of blockchain across multiple domains:

  1. Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
  2. Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
  3. Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
  4. Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
  5. Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.

The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.

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