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TradingView Quietly Launches an App for Android Devices

On the 22nd of November, and as the rest of crypto verse was worried about the declining value of Bitcoin (BTC), Ethereum (ETH) and other numerous cryptocurrencies, the team at TradingView released the Android version of the platform. The trading communities of both traditional markets and cryptocurrencies had been requesting the development of the Andriod version for quite sometime now for there was already an iOS version.

Requests for an Android Version Go Back 5 Years Ago

In one of the online trading forums, we find requests for an Android version that are as old as five years. A screenshot of the requests can be found below. The highlighted request shows that there was an urgency to the matter.

TradingView At Your Fingertips on Android

The calls for an Android version did not go unnoticed. The team at TradingView launched the Android version of the platform with an announcement that stated the following.

We received numerous requests to build a native app for the Android OS and simply couldn’t leave them unanswered. We thank you for your patience and it is our great pleasure to present you the official TradingView app for Android devices. Your favorite charts and real time data is now readily available at your fingertips.

Basic Features First

The announcement went to explain to the users of the charting application that the Android version will first have essential features. Additional and more advanced functions will be released with the next version of the app. The future additions include:  push notifications, ideas, chats and more.

Current features include:

  • A Watchlist
  • State of the art charts
  • Synced account information

Reviews On Google Play

The trading community did not waste time to express their gratitude for the Android version as can be seen through their reviews on Google Play. The app has been downloaded over 50,000 times with 675 users giving the app a collective rating of 4.6 stars.

One such user who downloaded the app had this to say.

I will wait for you for so long ! If you have not come in time I may be move to the iOS! Thank you trading view!

Another user related how the app was similar to the web version:

One of the best charting applications you will find. I love how it mirrors your desktop charts on your mobile app.

What are your thoughts on TradingView launching an Android version of the charting platform? Please let us know in the comment section below. 

[Image courtesy of TradingView.com]

Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.

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GM’s New Patent Application Showcases Blockchain as a Solution for Autonomous Vehicles

It has often been said that Hollywood usually precedes reality when it comes to predicting the future. We have seen countless movies predict the landings on Mars and space travel; we have been warned on the dangers of artificial intelligence in the Terminator series of movies; and we have also seen autonomous vehicles in famous blockbusters such as Minority Report and I Am Robot.

GM’s New Patent Application Showcases Blockchain as a Solution for Autonomous Vehicles

It is with this background and recent developments in blockchain technology that the American giant car maker of General Motors, has filed a patent application with the US Patent and Trademark Office, that shows the possibility of using a blockchain  database for data exchange between vehicles and entities.

The patent application by GM Global Technology Operations LLC (Detroit, Michigan), is available online and explains as follows how blockchain can be used to distribute event information relevant to the decision making of autonomous vehicles.

Blockchain technology while associated with use in the financial sector has applicability to the non-financial sector and in this case, for use with autonomous and non-autonomous vehicle technologies..

[The] method and system [uses] blockchains for distributing event information related to vehicle operation between a plurality of entities.

The method includes executing blockchain agreements between the plurality of entities participating in a blockchain exchange for distributing event information related to the vehicle operation, where the blockchain exchange includes a plurality of databases having blockchains of data blocks for storing the event information.

A Brief History of Self Driving Cars

With the the continual technical advancements evident in the accuracy of GPS (Global Positioning Systems), we have seen numerous car manufacturing companies, private research institutions/companies, universities and even individuals attempt to solve the question that is safe and accurate autonomous vehicles.

Back in May, we saw MIT reveal a self-driving car that relies solely on GPS and sensor data. In the case of the Tesla brand of electric vehicles, they have a ‘summon’ feature that allow owners to call on their vehicle using their phones, but for short distances. Google has also been working on self driving vehicles through Waymo. Apple is also working on its own version of a self driving car. Ford has also collaborated with Domino’s to have pizzas delivered by self driving cars.

Looking at blockchain projects, we have seen IOTA partnering with Porsche through the German Startup, Autobahn. The partnership is meant to explore the future of smart and autonomous vehicles.

What are your thoughts on GM’s new patent application that cites the usage of a blockchain database to distribute information between autonomous vehicles? Please let us know in the comments section below. 

[Image courtesy of Pys.org]

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CoinGate’s Lightning Network To Boost Bitcoin Adoption, 4,000 Merchants Already Onboard

The Lightning Network is about to breach the 102 BTC capacity, and that could very well be the nicest thing to happen to Bitcoin of late. The Lightning Network brings to Bitcoin what everyone has been waiting for all along: A faster, secure payment processing system right at the top of the Bitcoin blockchain. That’s exactly what CoinGate sought to achieve when it introduced the Lightning Network.

It’s Like An Off-Shoot Of The Chain

Basically, this network acts as an off-chain layer to the Bitcoin blockchain where a batch of transactions can be processed before the underlying general chain or ledger is updated. This has the good effect of boosting the transaction processing speed since the system doesn’t have to update every transaction instance separately.

Granted, such a positive development would obviously attract players and support from various bases, especially the key stake-holders like merchants. At the moment, CoinGate has decided to add its 4,000-strong merchant base to the Lightning Network, a move that could result in an overall improvement in terms of use of the cryptocurrency. In return, this increased adoption would boost Bitcoin’s trading volumes and impact the coin’s market value positively.

Speed, Low Fees, Sharp Growth, And Zero Errors

Besides processing transactions in milliseconds, the Lightning Network also significantly reduces transaction fees. The Lightning Network facilitates instant transactions and boosts the scalability of the underlying Bitcoin blockchain network. Currently, various versions of Lightning Wallets are used by a number of transaction processing entities that act on behalf of the merchants.  The merchants include Lois Chevrolet, Livejasmine, and Chronoswiss. The network was first introduced by Joseph Poon and Thaddeus Dryja back in 2015 when the Lithuanian-based company, CoinGate, entered the market.

A look at the network’s recent growth rate confirms that its impact on the Bitcoin market will be significant. Over the past month alone, the network’s capacity has shot up by 5%, node count has increased by 10%, and channel count has gone up by 6%. At the moment, the network boasts 3,369 nodes running over 12,000 channels. Within the past 6 months, the network capacity has shot up from 3 BTC to the current 102.64 BTC.

During its initial beta test, the network was involved with 100 stores selected from all across the world, and not a single error was recorded. That’s a huge plus for a payment processing system that’s handling billions of transactions per second. In terms of partnerships, CoinGate is yet to associate with any US entity, but that’s expected to happen in the coming year. All said and done, the Lightning Network seems pretty poised to take Bitcoin adoption to a whole new level.

The post CoinGate’s Lightning Network To Boost Bitcoin Adoption, 4,000 Merchants Already Onboard appeared first on Ethereum World News.

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Tron Set For Huge Leaps After ChangeHero Lists TRX

Tron is getting another mega boost after another popular, fast-growing crypto exchange listed it on its platform. ChangeHero, the exchange in question, facilitates crypto-to-crypto exchanges. Announcing the news of the listing on Twitter, Tron’s Justin Sun said that TRX users can now exchange USD for TRX at ChangeHero’s Instant Exchange.

Being a fast-expanding platform, ChangeHero accommodates over 100 cryptocurrencies for trade and supports 9 languages. One of Tron’s cornerstone strengths is facilitating fast transactions and ensuring that its network users have the best experience.

The Gains

As a matter of fact, the listing of TRX on ChangeHero is bound to bear fruits in the near future. First off, ChangeHero offers the best rates and an impressive 5-star support system for its customers, and that means that TRX will benefit from the secure transfer facility on the platform. The exchange has since availed TRX to all its users to trade on the platform. Besides that, customers can now exchange the coins for USD on the same platform, with more currencies or trading pairs set to be introduced in time.

Evidently, many crypto exchanges have had a positive regard of Tron since its maiden entry into the market, and that support seems to have grown even stronger after the launch of Tron’s MainNet and migration from the ERC20 network. Tron migrated to the new MainNet back in June 21, 2018, and large players in the crypto exchange business like Binance, Bittrex, and Bitfinex have supported it all along. In fact, Tron’s long-term vision and ease of liquidity is one of the reasons that it’s gaining so much traction in the crypto world.

More Support From Other Quarters

Besides ChangeHero, Tron has also been added on Abra, a progressive crypto wallet that supports over 28 cryptocurrencies in its built-in exchange function. It supports cryptos like Bitcoin, Ether, Litecoin, DiGiByte, XRP, Cardano, among others. On Twitter, Justin Sun praised Abra as an easy-to-use App where users can easily sell, buy, or safely store their cryptocurrencies.

To prove that TRX really meets the high standards that users need in the market, Abra explained, on its official website, that it carries out serious vetting of each cryptocurrency that joins its platform, including and not limited to the crypto’s liquidity. Abra also announced plans to launch an app to enable people to purchase cryptos via banks. TRX is among the cryptocurrencies to be floated for purchase.

From where it stands right now, TRX looks very attractive to many other crypto exchanges expected to list it in the near future, and that will obviously affect its price upwards.

 

 

 

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Bitcoin ATMs Find Love In Greece, Market To Boom

Over the last few months, crypto ATMs have grown popular in various regions in the global financial market, with many market players getting onboard. Crypto ATMs allow users to buy or sell their digital assets like Bitcoin, Litecoin, Ethereum, Dashcoin, and others. Greece is one of the countries where these machines are fast gaining popularity.

What Makes Them Tick?

At the moment, there’s one crypto ATM in the Greek region of Thessaloniki and 4 in Athens. Media reports indicate that more Greek cities will embrace the use of crypto ATMs in the near future, with more of such machines set to be installed in various parts of the country in the coming months. Stefanos Getsopoulos is the co-founder of a popular crypto company, Thess Cash Hallas, and he says that plans are underway to install 3 more crypto ATMs in Northern Greece.

The love of these ATMs is largely driven by many crypto users’ preference of a freer financial and investment market as opposed to the largely centralized institutions like banks. As such, many users opt to use cryptos to avoid the centralized system. Also, some cryptocurrency users embrace the use of the ATMs as they provide an easier way to access their assets faster. In fact, crypto ATMs allow users to liquidate and withdraw their digital assets in fiat currency wherever they are. This advantage makes the ATMs even more popular in the crypto community.

There’s A Boom In The Offing

A report released recently by MarketsandMarkets, a research firm, projects the global crypto ATM market to hit north of $144.5 million by the year 2023, with a Compound Annual Growth Rate (CAGR) of about 54%.  Just last year, the market value totaled around $6.8 million. Currently, the market value stands at about $16.3 million, meaning that in the next 5 years, the global crypto ATM market is expected to grow eightfold.

Understandably, this projected market expansion might come as a shock to some, but a critical look at the figures of 2017 compared to the current figures gives all the indications of an exponentially growing market. In the last few months from 2017, the market has expanded by upwards of 50%.

According to the same report by MarketsandMarkets, the growth of the crypto market would also trigger an increase in the overall number of transactions conducted through the ATMs. This would, in turn, create the need for more crypto ATMs in service. There are now about 3,650 BATMs (Bitcoin ATMs) in service around the world, with about 4 machines being commissioned every single week.

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A South Korean Province Wants To Replace Local Fiat Currency With Crypto

A province in eastern South Korea is planning to drop the local fiat currency in favor of its own cryptocurrency. According to media reports, the province of Gyeongsangbuk-do wants to introduce a new crypto coin to be used in place of gift certificates.

Do Away With Gift Certificates

The province, which also goes by the name Gyeongbuk, aims to use the new cryptocurency to replace gift certificates issued by cities. Currently, about 60 municipalities in South Korea, including Gyeonbuk’s own nine cities, issue gift certificates that function as local currencies. The move is meant to prevent capital flight and help in supporting local economies.

Of the nine cities within the province, Pohang takes the mantle as the most populous (with about half a million people). The city also leads, by volume, in terms of issuance of gift certificates.  Media reports indicate that between January and May of this year, Pohang sold gift certificates worth north of 100 billion won (roughly $90 million).

First of Its Kind

On August 27, Gyeongbuk’s Science and Technology Policy Department announced that mobile communication companies, 10 banks, government officials, and a university research team were set to meet for the initial issuance of the new cryptocurrency. The new coin is called the Gyeongbuk Coin. This will be the first time that such an event is taking place. The issuance is expected to net around 100 billion won ($90 million) by mid-2019.

To facilitate a successful circulation of the new coin, an exchange platform will be created to enable users to buy or sell. Merchants can accept payment by scanning QR codes with their smartphones. However, such a development is bound to present some challenges, and Chung Sung-hyun acknowledges that. Chung heads the Science and Technology Policy Department in Gyeongbuk province. Commenting about it, Chung mentioned the creation of systems for the issuance of the coins and guiding merchants on how to use the coins as some of challenges expected.

Team At Work

The province has since sent a 10-member team of experts to Zug, Switzerland, for a benchmarking mission. Zug is famous as the home of various crypto and blockchain startups like Xapo, Shapeshift, and Ethereum Foundation. The team met with local business operators and government officials.

After the meetings, local news outlets quoted a provincial official as saying that the experience gained by the benchmarking team could be used to create blockchain-based digital ID cards. The ID cards would be mainly for the over 5,000 employees working with the provincial government.

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Lisk (LSK) Reaches Most Important Mark to Date: Core 1.0

As reported previously on EWN on the Lisk Review Blog Post, the development team behind Lisk (LSK) were preparing for the MainNet migration on Aug 29:

“Here at LiskHQ, we’re buckled down and working hard in preparation for the upcoming Lisk 1.0.0 migration on Mainnet on August 29. All of the components of the Lisk ecosystem — Lisk Core, Lisk Elements, Lisk Commander and Lisk Hub — are all being updated and aligned with one another for the big migration. In addition to this, the Lisk Core team is also working on future releases,” the Lisk team wrote in the blog post..

Read Also:  Lisk (LSK) Coin Story, News And Development And Future Price Prediction

The coin that started with a successful ICO in Feb 2016 and a MainNet launch later on did stand out quite well against similar competitors. The platform enables developers to use the most famous programming language JavaScript to create dApps or decentralized applications run on the network. With the side chains connected to the main chain while accordingly developers managing the dApps on the side ones, the team is trying to overcome the existing problems that Ethereum is facing, for example scalability.

Going past many days of very strict yet constant testing the team launches the very important Lisk Core 1.0 to the Main Network. With its SDK or SideChain Dev Kit scalable blockchain apps are made available for creation. On top of all that, users can deploy their token on the net.

Max Kordek – Lisk Co-founder and CEO of Lightcurve added on the event:

“Today marks the beginning of a new era for the Lisk community. The road to innovation is rarely smooth, and we have taken a methodical, measured approach to our development phase, taking no shortcuts along the way. It is with a great sense of collective pride that we officially announce the release of Lisk Core 1.0, an achievement that reaffirms our ambition to be the enablers of innovation in the fast-evolving blockchain ecosystem.”

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Bank of Thailand Develops Cryptocurrency Pilot Based on R3 Technology

The Bank of Thailand (BoT) – the country’s central bank has announced that it has made significant progress on its cryptocurrency pilot program. The country’s apex bank’s planned completion date for phase one of the project is Q1 2019.

Project Inthanon

In a press release published on Tuesday (August 21, 2018), the BoT said that it had secured partnerships with eight Thai-based financial institutions. The purpose of these collaborative efforts, according to the bank is to facilitate the creation of Project Inthanon – a central bank digital currency (CBDC). The plan is to have the CBDC run on R3’s proprietary distributed ledger technology (DLT) platform – Corda.

According to the press release:

The outcome and insights from Project Inthanon will contribute to the design of Thailand’s future financial market infrastructure. This is in line with similar projects embarked upon by other central banks such as the Bank of Canada, the Hong Kong Monetary Authority and the Monetary Authority of Singapore. In addition to Project Inthanon, the BOT is conducting a DLT proof of concept for scripless government savings bond sale to improve operational efficiency.

The BoT plans to conclude, in tandem with its partners, the design, development, and testing of a proof-of-concept prototype for Project Inthanon. This prototype will facilitate domestic wholesale fund transfer via the CBDC. Most of the preliminary testing activities will focus on liquidity saving mechanisms, as well as risk management strategies. Phase one should be completed before the end of March 2019. Upon completion, the BoT plans to publish a detailed summary of the project.

Cryptocurrency in Thailand

While the BoT continues in its push to develop robust blockchain-based financial solutions, the cryptocurrency industry in the country continues to feel the impact of a few sweeping developments in the past few months. Beginning in June, the government released a detailed framework for cryptocurrency operations in the country covering both trading and initial coin offerings (ICOs).

The Thailand Securities and Exchange Commission (SEC) also approved seven cryptocurrencies while setting financial benchmarks for crypto exchanges and brokers as well as projects looking to carry out ICOs in the country. Earlier in August, the Commission also approved seven cryptocurrency exchanges.

What do you think about project Inthanon? Will the Thai Central Bank launch a state-issued digital currency? Keep the conversation going in the comment section below.

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Win 2 ETH by Disguising a Cat as a Doge

The use of blockchain technologies and cryptocurrencies has immense potential to revolutionize the industry and the whole economic system. From identity management to macroeconomic applications such as CBDCs, ever since the birth of DLTs, many have their eye on the evolution of this technological innovation.

However, every technology has some level of relationship with the lifestyle of those it affects, and just as blockchain has had interesting cases of application, so too can be seen uses that are somewhat peculiar in the absence of another word to describe them.

Kleros: Using a Social Experiment To Achieve Technological Development

Kleros is a company that has focused on using blockchain technologies to build a dispute resolution layer that allows interested parties to access a justice protocol that guarantees them a fraud-free transaction.

To achieve their goal, they have already launched their first crypto-economic experiment on the Ethereum Network. The company intends to create a curated list of objects whose authenticity is certified through its dispute resolution technology.

The technical explanation sounds quite impressive until the moment in which it is explained using everyday words: They expect to separate images of kittens from those of dogs… Doges, to be specific.

The team encourages users to “camouflage” images of kittens to make them look like Doges. The image is then carefully reviewed and cataloged within the database as a kitten or doge. In case they manage to fool the system, the owner of the cat passed as Doge gets $800 in Ether (ETH).

However, it is important to note that each user who wishes to test the protocol must put in a small amount of Ethereum at stake which they will lose in the event of cheating.

On the Official Kleros Blog, they explain that there are two parties: “The arbitrators that rule on disputes and the arbitrable parties (we like this word) that create the disputes in the first place.”

Regardless of the player’s decision. Cryptobriefing offers an excellent explanation of the game concept.

“Both sides have financial incentives. Kleros has a reserve of one million Doge (~$3,000 USD) to divide among everyone who submits a picture of a real-live pupper, and Jurors are rewarded for correctly knowing who’s a good boye. To prevent spam, all players must stake a small amount of crypto, which they lose if they break the rules.

For cheaters, there’s a much bigger prize. If you can sneak a feline past the sharp-eyed jurors, Kleros will give you two ether and a Cryptokitty.”

So if you are one of those who fantasize about the idea of beating the house, Dogesontrial is for you. 2 Ether is a juicy reward for just dressing up a kitten as a doge and putting him in the strange world of the world wide web.

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Sony Patent Filings Hint at Work on Crypto Mining Hardware

Japanese technology giant Sony wants to patent two hardware approaches for hosting and maintaining blockchains, newly published documents show.

Sony’s two filings are entitled “Electronic Node and Method for Maintaining a Distributed Ledger” and “Device and System,” revealing for the first time that the company is working on blockchain-related hardware concepts. They also set the stage for the company to potentially include these devices in a future product.

In the past, as previously reported by CoinDesk, the tech company has filed patent applications centered largely around the technology’s use cases, including education data management and security.

The first application includes two elements: a hardware node and a method for maintaining the blockchain, which it repeatedly describes as a “mining process.” Indeed, in one incarnation of the proposed invention, the nodes would operate a network that’s akin to bitcoin’s, which is an open-access network with a token.

As the application explains:

“The distributed ledger may be a blockchain, which may be based, for example, on the principles used for the bitcoin blockchain or the like. The distributed ledger uses mining and proof-of-work mechanisms and it may use some kind of reward (currency), such as bitcoin as currency and/or as reward for performing mining. Moreover, the distributed ledger may use consensus mechanisms for ensuring that all electronic nodes have consensus about the distributed ledger.”

This isn’t to say that Sony is launching its own cryptocurrency. But here, it seems that Sony is leaving the door open to the possibility by establishing the claim that its proposed invention could serve that purpose.

In the second application, “Device and System,” Sony hones in on the security risks in a network that only has a small number of nodes.

Because “the number of devices accessing and contributing to the distributed ledger may be small, such that security issues occur,” Sony proposes essentially boosting that number through the use of virtual nodes. The device proposed in that filing would “[host] a plurality, e.g. 10, 100 or even thousands of virtual nodes, such that the number of virtual nodes may be much higher, e.g. ten times larger, than the [total] number of devices.”

Ultimately, the submissions appear less focused on the type of distributed ledger and more on the hardware and operational methods themselves. Sony indicates that the networks could be public or private, and could rely on either Sony’s own software or “distributed database technologies like Hadoop,” as one of the filings states.

Sony image via Shutterstock

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.