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    Thursday, July 30, 2020

    Home Unlabelled Crypto Currency Markets Iran allows Power Plants to Mine Cryptocurrency

    Crypto Currency Markets Iran allows Power Plants to Mine Cryptocurrency

    July 30, 2020

    Crypto Currency Markets Iran allows Power Plants to Mine Cryptocurrency

    Iran allows Power Plants to Mine Cryptocurrency

    Posted: 30 Jul 2020 09:19 AM PDT

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    Symbol is attractive from an enterprise point of view because it is possible to simultaneously maintain private and some public uses of the technology, while using a solution that is designed to support that model. - Dave Hodgson, CIO for NEM Group & Managing Director of NEM Ventures

    Posted: 30 Jul 2020 06:30 AM PDT

    Symbol is attractive from an enterprise point of view because it is possible to simultaneously maintain private and some public uses of the technology, while using a solution that is designed to support that model. - Dave Hodgson, CIO for NEM Group & Managing Director of NEM Ventures

    Dave serves as Chief Investment Officer of NEM Group and Managing Director of NEM Ventures, where his role encompasses group investment management, jurisdictional analysis, partnership building and corporate structure design.

    Dave has 15 years experience consulting to various sizes of organisations, government agencies and NGOs on technology projects, and was an early adopter and programme lead for public cloud projects, having led multiple large organisations through their adoption programmes.

    ​

    Could you begin by explaining what the NEM blockchain is and how it differentiates itself from other public blockchains?

    NEM is a modified Proof-of-Stake (PoS) blockchain that is written from scratch and version 1, which we refer to as NIS1, has been running on the public chain since 2015. At the time, NIS1 was one of the earlier PoS chains, as well as one of the first to support on-chain multi-signature. NEM NIS1 has been leveraged for use cases ranging from tracing luxury goods, supply chain tracking, social media, stem cell research and most recently for a Central Bank Digital Currency (CBDC) in Lithuania. We differentiate ourselves by being one of the older chains, having had no down time, no lost assets, no protocol level hacks and by fostering a friendly developer experience and community. The chain has easy to use Software Development Kits (SDKs) that provide enterprise developers with a familiar development experience. At a practical level, this means that the time to go to market for most companies is quicker because there is very little proprietary content to absorb.

    Can you describe NEM Ventures and the type of investments that are generally made?

    As the venture capital arm, NEM Ventures invests in companies that build on NEM technology or expand the NEM ecosystem and/or platforms in some way. These investments are made on behalf of the NEM ecosystem and community. We tend to focus on investments in very early stage projects through to series A rounds, with a mixture of companies building directly on the technology, using it in innovative ways or as a partner to the ecosystem generally. We do require the companies to have a genuine commercial plan and a likelihood to reach financial self reliance, however it is not our only measure of a proposal.

    One of NEM's newest products is Symbol, a hybrid blockchain, built specifically with enterprises in mind. Can you elaborate on what Symbol is and why enterprises should pay attention?

    The developers built our current public chain (NIS1) from scratch and it has been running for 5.5 years with a cutting-edge feature set. The team took the learnings from that process, advancements in the industry and feature set ideas, and combined them all to develop our second chain, Symbol. Symbol is a new chain, built from scratch to be secure, scalable, decentralized and usable for a variety of purposes.

    The technology can be deployed as a private or public chain, and allows protocol level cross chain swaps between both public and private, but also to Ethereum (ETH) and Bitcoin (BTC) via a specific transaction type. The chain supports on chain multi sig (multi level), templatized smart contracts such as aggregate and bonded transactions, it has built in namespace capabilities to allow aliasing of tokens and accounts with user friendly names. It also has protocol level support for security tokens via a combination of account and token based restriction, delegatable roles for token management and account based metadata.

    Check the full interview here.

    submitted by /u/ElizaDymond
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    Analysis of Global Bitcoin ATM Market

    Posted: 29 Jul 2020 11:58 PM PDT

    A comprehensive digital assets report of various cryptocurrencies, focusing on recent formations and movement analysis

    Posted: 30 Jul 2020 12:19 AM PDT

    Elrond (ERD) is up 5,100% in the last 4 Months, Mainnet Only 1 Hour Away

    Posted: 30 Jul 2020 05:01 AM PDT

    How many crypto exchanges did you register on before picking the main platform?

    Posted: 30 Jul 2020 07:42 AM PDT

    Doing research on the crypto trading market for my economics project. The due date is coming, help plz.

    submitted by /u/Bomber_MoreMMR
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    Malaysia’s National Stock Exchange Taps Blockchain for the digitization of Bond Market

    Posted: 30 Jul 2020 07:34 AM PDT
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