Coinbase announces user friendly wallet addresses. We have all had that moment when you wonder if you entered the Wallet address correctly as you transfer Bitcoin from one wallet to another. The sinking feeling as you realize you may have left off a few digits of a wallet address is not a pleasant experience.
Coinbase hopes to alleviate some of that anxiety by allowing dedicated user names to serve as a wallet address. Coinbase users will be able to transfer currency to other Coinbase users by sending to a user name instead of a full length wallet address.
The user name feature will be available for all currencies supported on the Coinbase platform. Some of those currencies include Bitcoin, Bitcoin Cash, Litecoin, Ethereum, and Ripple. Coinbase will also offer a security feature which will allow users to keep their username private and unsearchable which will help prevent fraud.
The combination of 5G technology and artificial intelligence will have a huge effect on our every day lives. Self Driving Cars and automation on a large scale will change the way we do business. Facial recognition and Artificial intelligence threatens our privacy like nothing before.
The advancements described in this video are expected to come to fruition by 2030.
Both Steem and Tron remain in the top ten of most active blockchains. Tron (TRX) is currently ranked number five and Steem is ranked number six. EOS remains in the number one spot. Bitcoin is now ranked number 9.
You can see the market caps of the most active blockchains in the graph shown below.
German bank Von Der Heydt announces plan to tokenize securities using the Stellar Lumen blockchain. Von Der Heydt is one of the oldest banks in Germany. The XLM blockchain will reduce costs of trading by cutting out the middleman. The Munich based bank plans to limit the securities offer to institutional customers, but that may change in the future.
As of now, the price of XLM has not seemed to react to the news.
Virgin Galactic is one of the leaders in Space Exploration and Travel. The brainchild of Richard Branson, Virgin Galactic has enjoyed increased media attention as the stock skyrockets.
Branson has announced that future space travel may be paid for with Bitcoin. The well known entrepreneur admits to investing in Bitcoin years ago. The Virgin Galactic Stock has increased in value almost 300% during the past 90 days. Perhaps space travel is the last frontier or maybe that better describes Bitcoin.
The Samsung Blockchain Keystore better known as SBK allows consumers to control their data by providing a platform to manage digital keys with unprecedented security. In order to increase the level of security, private key information is never stored in the cloud or exposed to the Samsung Operating system. This added security helps protect information from malware and other security threats.
Tron will be integrated into the Samsung Blockchain Keystore software development kit. Users will be able to use a preset PIN number and fingerprint authentication to authorize a digital signature to use with the Android app.
Obviously this integration will simplify the use of blockchain and cryptocurrency for Samsung users. This should introduce many new users to crypto and blockchain. Will Steem be able to take advantage of this partnership? Only time will tell.
Ripple (XRP) has announced a partnership with International Money Express. Also known as Intermex, this company specializes in money remittances for Latin America. Intermex already processes millions of dollars in payments every year many of which are between the US and Mexico. The partnership with Ripple should help make cross border payments quicker and easier.
TradingView is a social network which provides extensive research, analysis and charts for crypto traders. The site even allows a user to follow popular traders in the crypto space. TradingView was founded in 2011 and has developed a huge following among cryptocurrency investors.
In what appears to be a smart move, Gimini, the exchange founded by the famous Winklevoss brothers will now integrate TradingView with the Gimini exchange.
Gimini users will be able to connect their accounts to TradingView for a more informed trading environment.
Imagine how different Government spending would be if the Government used Blockchain technology to record all spending. As anyone who has made a payment with cryptocurrency knows, the record of the transaction can be easily looked up for all to see. Imagine if we could see every transaction the Government makes, every dollar spent. I suspect Government waste would be drastically reduced.
Blockchain technology would also eliminate the “back office expense” as much of the accounting would be built into each blockchain transaction. We would need fewer people to oversee and report on financial transactions which would lead to additional savings. This would also prevent fraud as “missing money” would be almost impossible to explain.