Block Weekly: Can blockchain technology help the epidemic prevention and control; the undervalued Ethereum
2019.2.3 Issue 6
Babbitt News on January 28, Singapore introduced a new payment legislation bill, providing global cryptocurrency companies with an opportunity to expand their business in the country by applying for an operating license for the first time. The Payment Services Act, which goes into effect on Tuesday, is the first comprehensive regulation for businesses engaged in activities ranging from digital payments to trading tokens such as bitcoin and ether. In addition to bringing crypto companies under regulation, the law will give the Monetary Authority of Singapore (MAS) formal regulatory powers to oversee cybersecurity risks and control money laundering and terrorism financing.
2. Swiss regulators approve blockchain company Overture’s compliant IPO on Ethereum
Swiss regulators have approved blockchain company Overture’s first fully compliant initial public offering (IPO) on Ethereum, Cointelegraph reported on January 29. It is reported that Overture will use the smart contract provided by the Zug-based European digital asset exchange EURO DAXX to conduct a compliant IPO on the Ethereum blockchain and issue Class A common shares.
3. Zermatt, Switzerland officially allows taxpayers to pay taxes in BTC
According to cointelegraph news on January 29, Zermatt, Switzerland officially allows taxpayers to pay taxes in Bitcoin (BTC), becoming the second city in Switzerland to accept BTC. It is reported that Zermatt authorities have cooperated with Bitcoin Suisse, a major Swiss cryptocurrency financial services company, to realize the new taxation method. Previously, the city of Zug became the first city in Switzerland to accept bitcoin payments in 2016.
On January 30, the enterprise-level blockchain platform SettleMint announced that it had obtained 1.9 million euros in financing, and the participating parties were KPN Ventures (the venture capital institution of Royal Dutch Telecom) and Medici Ventures (the venture capital institution of Overstock).
SettleMint provides enterprise-level customers with infrastructure and development tools to simplify the blockchain development process, and provides a dedicated low-code (low-code) solution that can be used to develop, deploy, monitor and debug blockchain applications.
2. Baton Systems, a provider of blockchain post-trade solutions, raised $4 million
On January 30, Baton Systems, a provider of blockchain post-trade solutions, has raised an additional US$4 million from VC Illuminate Financial, completing its US$12 million financing.
Comment:The scale of the epidemic in Wuhan is huge and affects people's hearts. The number of people infected by the epidemic has surpassed that of SARS. However, 17 years later, we still failed to prevent the outbreak in advance. The existing early warning system for infectious diseases requires front-line medical staff and their higher-level institutions to bear a great deal of responsibility, which may lead to a conservative tendency in reporting the epidemic, and the early warning of new epidemics will inevitably be delayed. For other purposes, it will also artificially interfere with the reporting of the epidemic situation, resulting in a loss of response.
Relying on blockchain technology, the author of this article puts forward the idea of improving the existing early warning system of infectious diseases. Through distributed uploading and confirmation, etc., the responsibilities and pressures of personnel are reduced, and more data are used to speak, so as to reduce human factors. The interference of epidemic detection enables the epidemic to be detected and responded to in a timely manner.
Comment:Bitcoin is a global product that can flow freely around the world, but Bitcoin production, transactions, and the right to price Bitcoin have national boundaries. If Bitcoin is particularly important in the future, then all parties involved in competing for Bitcoin will This right is very necessary.
This article analyzes the production structure, security structure, financial structure, knowledge structure and four structural rights of Bitcoin, and concludes that China's supply-side advantages in the production ), financial structure (financial capital, market tools and theories), knowledge structure (valuation model), communication channels and other aspects have established three-dimensional structural rights, and have mastered the pricing power of Bitcoin, and it is difficult to shake.
Comment:Ethereum is a very important participant in the field of cryptocurrency and one of the most important public chains. It has the world's largest developer community and the world's top developers. This article discusses the recent achievements of Ethereum from the basic problems that Ethereum continues to solve, to various applications that continue to expand on Ethereum, and discusses DeFi, DEX, lending, stable coins, DAO, games, and second-tier networks on Ethereum. It also discusses the development of Ethereum 2.0 and the progress of Ethereum 2.0. If you want to make a summary of the recent development of Ethereum, this article is a more appropriate masterpiece.
1. ETH, Economic Bandwidth Worth Trillions of Dollars
There is a growing demand for financial protocols built on Ethereum. In the past year alone, the total value locked in decentralized finance (DeFi) has reached over $700 million. Projects like MakerDAO and Compound leverage Ethereum's permissionless financial infrastructure to build a new paradigm for global finance. These projects all highlight a theme: all these financial agreements must be injected with access-free and trust-free value to run. So where do these values come from?
2. 2019 Stablecoin Research Report
This article, from the Standard Consensus research report, introduces the existing stablecoin taxonomy and discusses whether stablecoins will eventually break out of the closed-loop cryptocurrency world and enter our broader financial system. In addition, possible application scenarios of stablecoins in existing payment systems are discussed. And draw conclusions about whether stablecoins will expand into more common business interaction and payment scenarios.
3. The 40,000-word long article explains the Bitcoin halving and the efficient market hypothesis
As Bitcoin’s May 2020 halving date approaches, Bitcoin traders are debating whether the market is anticipating the Bitcoin halving. Those who downplay the impact of this halving often refer to market efficiency, a concept that has caused great controversy. This article will explain the concept of the "efficient market hypothesis" from the beginning, and try to analyze the Bitcoin halving in more detail.
4. Understand the ecological pioneer of cryptocurrency "smart wallet" in one article
As the starting point for the large-scale application of blockchain, many wallets are using technologies such as smart contracts to lower the threshold for users to keep private keys. Private keys and seed phrases aside, you need a smart wallet. This article analyzes in detail the necessity of digital asset smart wallets, explains the differences between custody wallets, ordinary wallets, and smart wallets, and recommends several mainstream smart wallets for everyone.
"BLOCKER WEEKLY" is a cutting-edge reading of the blockchain industry newly created by the Blockchain Research Institute. It selects a week's hot spots and cutting-edge views for blockchain enthusiasts. The above is the content of the sixth issue. If you have good comments and suggestions, please leave a message in the comment section below. We will continue to improve the content format and continue to explore more interesting ways to play. Stay tuned~
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