Stay up to date with the best news summary from the crypto world.
📍Thanks to the scandals in which he has been the protagonist and participant Facebook Due to the sale of user data, new alternative social media platforms are emerging that, instead of profiting from users' information, reward them for spending time on them. Minds It is a decentralized and open source interaction platform based on Ethereum that rewards users with Tokens by participating and contributing content within the community, so that users can regain their right to privacy on the Internet while generating income.
📍Continuing with the right to freedom, LBRY It is the first decentralized market based on blockchain Designed for the trading of digital products that is not controlled by third parties, but by the users themselves. LBRY is focused on ensuring the exchange and trade of digital products in a fair, transparent and efficient way between its participants, without intermediaries.
📍The Rochester Institute of Technology of New York becomes the first institute of its kind in invest en COSIMO X, a blockchain-based tokenized venture fund. This fund was designed by the technology company Cosimo Ventures, who confirmed having received a seven-figure investment from the institute.
📍According to the Financial Services Working Group Located in Germany, a study reveals that the United Kingdom could lose the battle in the industry of financial services The study indicates that global companies and other competitors, such as the United States, are developing a high level of leadership over London in the financial field, adapting quickly to the evolution of this sector thanks to technological innovation. Now the demand for technical and qualified talent for the new digital era will experience substantial growth, and the United Kingdom could be left behind if it does not develop new strategies for citizens to develop skills around blockchain, artificial intelligence and other technologies.
📍In other news, the millionaire Bill Pulte It's been months donating hundreds of thousands of dollars to various people in order to help society cope with the current financial crisis, and also encourages them to buy BitcoinIt is estimated that more than $150 has been handed out by Pulte so far in 2020. However, several in the crypto community believe that these actions may indirectly boost cryptocurrency scams, as malicious actors can use this approach to trick other users.
📍In Spain, several major banks such as Santander, Bankia, BBVA, among others, carried out a successful test on the execution of scheduled instant transfers with smart contracts and blockchain technology. The tests were coordinated by Iberpay by National Payment System (SNCE) of the company, who confirmed the feasibility of implementing blockchain technology and smart contracts within the payments sector.
Continue reading: Paris Chamber of Notaries announced the implementation of Notarial Blockchain for document management and traceability
