Top Crypto News – 27/04/2018

What Crypto Investors Can Learn from Billionaire George Soros

Capture.

Recent news that George Soros’ $ 26 billion family office is entering the cryptocurrency market has many investors speculating about the likely impact.

But one of the billionaire’s most famous ideas might be even more important to understanding how the market functions, with or without his participation.

For those unfamiliar with this powerful palindrome: In the world of economics and finance, Soros is feared and known as “the man who broke the Bank of England” when he made $ 1 billion in one day, September 16th, 1992 (known as Black Wednesday). This is one institutional player with the ability to go large and make or break a currency … even a digital one.

Soros has attributed his success in part to his understanding of what he calls reflexivity. In simple terms, this theory states that investors base their decisions not on reality but on their “perception” of reality.

According to reflexivity theory, there are two realities: the objective and subjective. Soros explains that the subjective aspect covers what takes place in the mind and the objective aspect is what takes place in external reality.

Reflexivity connects any two or more aspects of reality, setting up two-way feedback loops between them. In this way, actions resulting from each reality, the objective and the subjective, will affect investors’ perceptions, and therefore prices. Soros has cited the global financial crisis of 2008 as an illustration of the theory.

Markets, he reckons, are in a constant state of divergence from reality and far from accurately reflecting all the available knowledge, instead representing almost a distorted view of reality.

“The degree of distortion may vary from time to time,” Soros once wrote, adding:

“Sometimes it’s quite insignificant, at other times it is quite pronounced. Every bubble has two components: an underlying trend that prevails in reality and a misconception relating to that trend.”

He goes onto explain that when positive feedback develops between the trend and the misconception, “a boom-bust process is set in motion.” This is tested by negative feedback along the way, and if it is strong enough to survive these tests, both the trend and the misconception will be reinforced.

‘Near-religious’

So, how does his theory apply to the crypto market? For starters, we do see these feedback loops.

The more people form a positive view on bitcoin, the more the price will soar, and vice versa. This is what happened late last year: when the price of bitcoin jumped, it attracted more users, which further juiced the price, which brought in more people.

Crypto markets are just as prone to the phenomena of irrational exuberance, bias or opinionated actors as any other market, said Omri Ross, assistant professor at the University of Copenhagen and CEO of Firmo Network, a smart-contract startup.

Further, the community’s famous cultishness amplifies these effects, he said.

“The reflexivity of economic actors is confirmed by the proliferation of subcultures and fan groups emerging around various projects,” Ross said. “In the young and volatile crypto markets, near-religious beliefs about price appreciation with references to various intrinsic valuation models can be observed daily.”

Another area where reflexivity applied, for a time, is in the initial coin offering (ICO) sector, where momentum drove up prices, said Shane Brett, co-founder and CEO of GECKO Governance, a regtech startup. But it lasted only so long.

“Recently, however, discussions around compliance, not to mention fraudulent ICOs, have caused some investors to retreat,” Brett said. “Conversely, institutional investors are keen to invest in the market, but in the absence of compliance, are remaining on the sidelines, contradicting this theory.”

Nobody really knows what the long-term effect will be of Soros’ entry into the crypto markets, only months after he joined other elites at Davos in calling bitcoin a bubble. Things are about to get more interesting.

But we can learn from his insights about the circular relationship between cause and effect, and the role of cognitive function in a new, developing and volatile market.

George Soros image via Shutterstock.
Written by CoinDesk.com

 

Sony Eyes Blockchain Use for Digital Rights Data

Capture.

Japanese technology giant Sony is looking at using blockchain to store digital rights data.

In an application published Thursday by the U.S. Patent and Trademark Office, Sony explains that current digital rights management (DRM) solutions that aim for interoperability “may not be very reliable and rely on one unique point of failure. If the rights locker provider or system goes out of business or otherwise fails, the user loses all the acquired content.”

A blockchain could store the required identification information to ensure users could watch the products they purchase, according to the filing.

DRM systems refer to technologies that limit access to copyrighted materials only to those who purchase access. Sony cites UltraViolet, a cloud-based locker for digital rights, as one example.

The application was filed jointly by Sony and subsidiary Sony Pictures Entertainment, and the document specifically cites movies as an example of the type of media the system could be applied to.

However, Sony also argues the blockchain-based system could manage rights to “various types of content or other data, such as movies, television, video, music, audio, games, scientific data, medical data, etc.”

The application describes several potential implementations of the technology. In one, each user’s rights are encoded on a dedicated blockchain. This ledger begins with a genesis block, which stores identifying information about that user. When the user acquires rights to certain content – by purchasing a movie download, for example – those rights are committed to the blockchain.

Concurrently, a “DRM computer system would verify the rights in the blockchain and then decrypt the media when needed. This computer system can take different forms, including a “DRM agent” residing on a user’s device, according to Sony.

As previously reported, Sony has been looking at other applications of the technology, including as a means to authenticate user data and manage education data.

Image Credit: testing / Shutterstock.com
Written by CoinDesk.com

 

Bitcoin Was the Ninth Most Popular Wikipedia Article Last Year

Capture.

Bitcoin Article on Wikipedia Was the Ninth Most Popular Last Year

Last year lots of people were inquiring about the cryptocurrency bitcoin and the word itself was one of the topmost trending words searched in 2017 according to Google Trends data. Another area where bitcoin was searched frequently was the website Wikipedia. The website hosts a free encyclopedia that is openly editable, while educational resources are also provided in 299 different languages. Wikipedia recently published its “Annual Top 50 Report” which includes a curated list of the top fifty most popular articles on Wikipedia throughout 2017.

Bitcoin Was the Ninth Most Popular Wikipedia Article Last Year
The Wiki Bitcoin article was the ninth most popular last year on Wikipedia.

According to Wiki’s data, the ‘Bitcoin’ article was the ninth most popular encyclopedia post last year just below the ‘United States’ articles and just above the Netflix drama series ‘13 Reasons Why.’ Bitcoin stands among other top ten editorials documenting Donald Trump, Game of Thrones, and Queen Elizabeth II. The introduction in the Wiki Bitcoin article states:

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary.

Bitcoin Was the Ninth Most Popular Wikipedia Article Last Year
The Wiki Bitcoin article is just below the ‘United States’ article, and above the Netflix original show ’13 Reasons Why.’

Wiki Senior Editor: ‘Bitcoin the Much-Hyped “Future of Money”’

Last year the ‘Bitcoin’ article accumulated over 15 million views and the page peaked in traffic on December 8, 2017. In the annual report Wiki Senior Editor JFG gives the article a bit of an odd introduction.

“For our dear readers who can’t make heads or tails of this novelty: Bitcoin is as good as gold, shinier than lead, bubblier than tulips, held deep in the mines, and driving people nuts,” explains the Wiki editor.

Gold has enriched adventurers and bitcoin has held fools to ransom. You may dive in a pool of gold, but lose it all at war. Strangely, while you can still buy gold today and forget about it until your great-grandchildren cash it out, the much-hyped “future of money” has turned into the most speculative intangible asset of all time, while proving totally unsuitable as a means of payment.

Within the archives of 5,000 most popular articles from last week according to the Wiki page ‘User:west.andrew.g/popular pages,’ Bitcoin ranks at number 354. The page is aggregated from raw data which displays articles with at least 1,000 hits in a seven day period and only the most popular are published through the feed. Ethereum just makes the cut at 3710, Cryptocurrency 1273, and Blockchain slides ahead at 312. All of the data showing how popular digital currencies are on Wiki is derived from the company’s content consumption metrics which shows datasets of raw dump files and page views.

Written by Bitcoin.com

 

Barclays, Goldman Champion ISDA Standard for Blockchain Derivatives

Capture..jpeg

Blockchains and smart contracts were supposed to fix the inefficiencies and slash the costs of derivatives trading, but two years since such promises came in vogue, a foundational issue has yet to be ironed out.

Before banks and traders can rely on a distributed ledger technology as the vaunted “single record of truth,” there first needs to be better standardization. Yet as it stands, they use a hodgepodge of data structures and formats to track the life cycle of trades, reflecting in part the variety of regulatory requirements imposed after the 2008 financial crisis.

Simply put, without a common language, there’s not much to be gained from having a common ledger.

Now, the financial world’s blockchain evangelists are pinning their hopes on a broader industry effort to harmonize the way data is presented and reported, regardless of the platform used. Known as the common domain model (CDM), it was proposed by the International Swaps and Derivatives Association (ISDA) in May of last year and has the support of blockchain tech startups such as R3 and Axoni.

But perhaps the biggest champion of CDM as the key to making blockchain a reality in the derivatives space is Barclays.

The U.K.-based bank recently set up an internal CDM adoption working group, and will be presenting its vision for how smart contracts can be combined with the concept Thursday at ISDA’s annual meeting in Miami, Florida.

It’s a pivotal time for the project, as ISDA is expected to release the first iteration of the blockchain-compatible version of CDM early this summer.

Sunil Challa from the business architect team at Barclays was emphatic about hitting the reset button.

“There is a shiny new technology promising to be a panacea for fixing many post-trade processing issues. So, now is an opportune moment to re-engineer our processes,” Challa told CoinDesk, adding:

“Simply replicating the existing fragmented state would be a colossal missed opportunity.”

A common tongue

Stepping back, Barclays has played a central role in the convergence of DLT, smart contracts and common data standards.

Two years ago the bank showcased a prototype of how smart contracts could be used throughout the lifecycle of a derivatives trade, including negotiating an ISDA master agreement, entering individual trades and performing the trades on a distributed ledger.

While the concept has caught on, the standards challenge remains in the way of adoption, according to Dr. Lee Braine, a member of the investment bank CTO Office at Barclays. On the one hand, distributed ledger platforms are now reaching acceptance by some of the most systemically important market infrastructure incumbents, Braine said.

“But what we haven’t yet seen is adoption of common standards by the industry,” he said. “What we ultimately need in the derivatives space is multiple market infrastructures, including multiple clearing houses, adopting a common standard for data formats, reference data, transactional data, and business processes.”

That’s where Barclays and others believe the CDM comes in.

Traditionally, banks have worked to standardize the format of messages between them, but kept their own idiosyncratic ways of communicating data internally – like a country with a national language but numerous local dialects.

But, as Braine pointed out, the CDM and DLT share a common goal in going further and standardizing data within institutions. (Speaking the national language at home, as it were.)

In this way, the CDM could provide an alternative route for addressing the looming challenge of interoperability between different blockchain platforms. At present you often hear industry participants talk about being “blockchain-agnostic” because it’s too risky to bet on just one platform provider.

To illustrate this point, Braine described a future scenario in which banks are trading with each other on different distributed ledgers. If there are some counterparties on one network and other counterparties on other networks, then does that mean you would need to host a node on every network? Or are they going to be genuinely interoperable?

“A simplistic solution would be to revert to the traditional model of silos with messaging between them, but that risks replicating the fragmentation of the past,” said Braine.

“If you instead transition to the CDM, then at least there is opportunity to standardize on data structures, lifecycle events etc.”

And if that isn’t persuasive enough, Barclays estimates significant cost savings to the derivatives market. Its working group projected around 25 percent efficiency gains from adopting CDM just in the clearing space, and around $ 2.5 billion in annual run costs.

Regtech rising

Barclays isn’t alone among financial in advocating for the CDM, of course.

Goldman Sachs is also a supporter, and sees the common data standard, when combined with shared ledgers, as a way to alleviate some of the pressure created by the increased reporting requirements under regulations like the European Union’s MiFID 2.

Ayaz Haji, the technical architect for the MiFID 2 program at Goldman Sachs, said a common representation of product terms and lifecycle events should not only reduce inconsistencies but also provide a platform for further efficiencies.

The investment bank won’t rule out alternatives to blockchain in adopting the standard, however.

“Those who are closest to the CDM project recognize that a persistent shared implementation such as DLT would be the most optimal way to use the model,” said Haji. “That said we are also open minded about potential implementations and look forward to vendor feedback to the version of the model which is due to be published by ISDA shortly.”

Less equivocal than Goldman, Barclays is making a forceful case for using DLT in conjunction with the common standard.

For example, Braine also pointed out a way that a common data standard could amplify another benefit of blockchain.

A commonly pitched use case for the tech is the streamlining of regulatory reporting – the regulator can operate a node on the blockchain and pull data directly from it. The U.K.’s Financial Conduct Authority has already tried this out, participating in a proof-of-concept for regulatory reporting of mortgage transaction data using R3’s Corda platform.

The problem is that in the current world, banks have their main trading data, and their risk models basically duplicate that and perform a simulation.

“If we were able to use a common domain model, we would be able to use exactly that same data. We wouldn’t need to write two versions of what’s going on, one just for the risk model,” said Braine.

Ultimately, though, reaching common standards, like implementing blockchains, is a team sport, and the game is still far from won.

Clive Ansell, head of market infrastructure and technology at ISDA, concluded:

“There is a fantastic opportunity … but the level of success will depend on the industry operating to a common data and processing model.”

Barclays image via Shutterstock.
Written by CoinDesk.com

 

 

SVK Crypto – Daily News Blog

The creators of Ethereum, OmiseGo and Cardano boycotting the conference Consensus 2018

The creators of Ethereum, Cardano and OmiseGo decided to boycott the largest cryptocurrency conference Consensus. The reason was the publication on the website CoinDesk, dated 26 April, which was published a controversial report about the surge in prices OmiseGo.

Consensus 2018 — the leading conference on the topic of cryptocurrencies, organized by CoinDesk. The event, which often takes place in the second quarter of each year, attracts many influential projects, developers, investors and public figures both from the financial sector and the cryptocurrency industry.

However, the Creator of Ethereum, Vitalik Buterin, Charles Hoskinson team OmiseGo and team Cosmos announced that it will participate in the event Consensus 2018 this year.

April 26, CoinDesk reported that the price OmiseGo increased by more than 30 per cent after listing Bithumb, South Korea’s largest cryptocurrency exchanges. The author mistakenly put a link to a fraudulent website.

Almost immediately after the publication of the material the team OmiseGo wrote in the Twitter-account of the project:

Please, @ coindesk, links lead to the fraud site pretending to be a blog #OmiseGO. The real address of the blog: https://blog.omisego.network

After the statement of the team OmiseGo acne Buterin published a private post, which expressed concern about the quality of cryptocurrency journalism. Buterin said that he is boycotting the 2018 Consensus and urged the rest of the community to do the same.

According to Buterin, OmiseGo team, team Cosmos and team Ethereum and Cardano, including Charles Hoskinson, publicly stated that they will join Buterin and will not be at the event.

“We decided to join the acne Buterin well as Consensus 2018. We cannot in good conscience support a publication that exposes its readers to the risk of neglect and reacts rather hostile than humbly when error reported. As a community, we will make mistakes, trying to build something bigger and better than our small “I”. One of the most important things we must do if we want to succeed together is to recognize our mistakes and learn from them, ” said team OmiseGo.

Blockchain CEO of the Hong Kong companies IOHK Charles Hoskinson added to the above:

Please, @coindesk, protect its and our readers, the entire community, and will immediately remove the article altogether. Thank you.

But several experts and researchers in the field of cryptocurrency, including the CoinDesk team member Ryan Selkis not take “soft criticism” Baterina. They were surprised that the Creator of Ethereum condemned CoinDesk, since the last two years did not notice him this behavior:

Acne is mistaken in his criticism of the editorial Board, and demonstrates atypical for his lack of awareness about the state of content/media. He acted petty. I was very surprised that the man I so admired, admired his wisdom and maturity, so behaved! said Ryan Selkis

The post The creators of Ethereum, OmiseGo and Cardano boycotting the conference Consensus 2018 appeared first on FineCrypto.

FineCrypto

SVK CRYPTO PODCAST 131 – 27/04/2018 – Mt Gox moves 16,000 BTC!

https://www.podbean.com/media/share/pb-j3hxf-9022ff

Welcome to the SVK Crypto, 15 Minutes of Crypto Fame, brought to you by your host, Charles Storry. We provide daily cryptocurrency content and analysis on topics such as Bitcoin, Ethereum, Altcoins and ICO’s.

We not only produce our daily content we feature CEO’s of all exciting ICO’s! Stay tuned to find out more!

If you’d like to stay in touch or get more info from me, please SUBSCRIBE to the channel and spread the good word!

Follow us on Twitter: https://twitter.com/SVK_Crypto

Visit our website: www.svkcrypto.com

Email us: cstorry@svkcrypto.com

Telegram: https://t.me/SVKCrowd

 

SVK Crypto – Daily News Blog

SVK CRYPTO PODCAST 130 – 26/04/2018 – Binance Exchange denies Sequoia allegation?

https://www.podbean.com/media/share/pb-hfxnw-9014de

Welcome to the SVK Crypto, 15 Minutes of Crypto Fame, brought to you by your host, Charles Storry. We provide daily cryptocurrency content and analysis on topics such as Bitcoin, Ethereum, Altcoins and ICO’s.

We not only produce our daily content we feature CEO’s of all exciting ICO’s! Stay tuned to find out more!

If you’d like to stay in touch or get more info from me, please SUBSCRIBE to the channel and spread the good word!

Follow us on Twitter: https://twitter.com/SVK_Crypto

Visit our website: www.svkcrypto.com

Email us: cstorry@svkcrypto.com

Telegram: https://t.me/SVKCrowd

 

SVK Crypto – Daily News Blog

Nexon Korea denies rumors of buying the cryptocurrency exchange Bitstamp

The video game company Nexon Korea denies that it is negotiating the acquisition of the bitcoin exchange Bitstamp, according to local news media The Korean Herald.

The statement was made after yesterday Business Insider published an article about a possible deal. According to the rumors Nexon Korea were going to buy Bitstamp for $ 350 million. At the end of March another edition, Cointelegraph wrote about the future sale of Bitstamp, an unnamed South Korean investors approximately $ 400 million.

CEO of Nexon Korea, Lee Joon-Ho spoke at a press conference in the headquarters of the company on 25 April and declared that “Nexon Korea has nothing to do with the acquisition of Bitstamp,” adding:

“We are not planning to associate cryptocurrency with our game business.”

Lee Joon-Hu first addressed to the public at a press conference since his appointment as CEO in January 2018, added that Nexon sees potential in Blockchain that can be used in game development.

Nexon is a global video game company based in Seoul, South Korea, the headquarters of which is located in Tokyo, Japan. The company is owned by NXC Corporation, which last year acquired 65,19% stake in Korean exchange Korbit cryptocurrency.

Bitstamp is based in Luxembourg and currently occupies the 10th place in the CoinMarketCap list, the daily trading volume of the exchange is approximately 448 million dollars.

The post Nexon Korea denies rumors of buying the cryptocurrency exchange Bitstamp appeared first on FineCrypto.

FineCrypto

SVK CRYPTO PODCAST 129 – 25/04/2018 – Crypto Capital World Day 1

https://www.podbean.com/media/share/pb-hyx7x-900ca1

Welcome to the SVK Crypto, 15 Minutes of Crypto Fame, brought to you by your host, Charles Storry. We provide daily cryptocurrency content and analysis on topics such as Bitcoin, Ethereum, Altcoins and ICO’s.

We not only produce our daily content we feature CEO’s of all exciting ICO’s! Stay tuned to find out more!

If you’d like to stay in touch or get more info from me, please SUBSCRIBE to the channel and spread the good word!

Follow us on Twitter: https://twitter.com/SVK_Crypto

Visit our website: www.svkcrypto.com

Email us: cstorry@svkcrypto.com

Telegram: https://t.me/SVKCrowd

 

SVK Crypto – Daily News Blog

SVK CRYPTO PODCAST 128 – 24/04/2018 – EOS leading the alt coin rally?

https://www.podbean.com/media/share/pb-sb2hh-8fef29

Welcome to the SVK Crypto, 15 Minutes of Crypto Fame, brought to you by your host, Charles Storry. We provide daily cryptocurrency content and analysis on topics such as Bitcoin, Ethereum, Altcoins and ICO’s.

We not only produce our daily content we feature CEO’s of all exciting ICO’s! Stay tuned to find out more!

If you’d like to stay in touch or get more info from me, please SUBSCRIBE to the channel and spread the good word!

Follow us on Twitter: https://twitter.com/SVK_Crypto

Visit our website: www.svkcrypto.com

Email us: cstorry@svkcrypto.com

Telegram: https://t.me/SVKCrowd

SVK Crypto – Daily News Blog

The Swiss lost the package with cryptocurrency in the amount of 800 thousand francs

9 April, a young man named Thomas from the Swiss city of Lucerne as usual went shopping in the supermarket. Having bought all necessary, Thomas was horrified to find that lost package, which was with him after a visit to the Bank.

The worst thing about this story is that the contents of the package was two hardware wallet cryptocurrency, which kept cryptocurrency worth about 800 000 francs.

The young man immediately wrote a statement to the police and also posted the ads, which promises the finder a reward of 40 000 francs. According to Thomas, the third-party person is not able to take possession of the cryptocurrency, so 5% of the lost is a worthy compensation.

Thomas assures that stores its hardware wallets in a jar and takes them twice a year to perform the necessary operations with cryptocurrency. He’s not sure if he left the package containing the device and Keepkey Ledger Nano’s in my car or just forgotten somewhere in a supermarket.

However, he lost the storage device and does not have access to backups, because it does not have the necessary codes.

Thomas was fascinated by the cryptocurrency in the beginning of 2017, when invested 50,000 francs in Neos. After a year its capital was increased to 800 000, due to growth in the prices of the token. Despite the loss, Thomas T. says that still believes in digital currencies and “sees in them great potential.”

The post The Swiss lost the package with cryptocurrency in the amount of 800 thousand francs appeared first on FineCrypto.

FineCrypto

MarketWatch is starting to track another eight cryptocurrencies

Business Internet portal MarketWatch belongs to the Corporation of Dow Jones & Company (it also owns The Wall Street Journal and Barron’s), which is part of media-holding News Corp.

Wednesday, April 25, the company said that in addition to tracking quotes Bitcoin MarketWatch will display the information for Ethereum, XRP, Bitcoin, Cash, Litecoin, Ether Classic, Monero, Dash and zcash for. The web site monitors the price of Bitcoin from 2014.

The new service will demonstrate the real-time quotes for couples from the US dollar and the Euro, while data for the nine cryptocurrency assets will be provided by the exchange Kraken.

“There is no doubt that our readers, as the most active investors in the world, follow the digital currency, and we are pleased to expand the list of monitored 9 crypto currency in both euros and in U.S. dollars using the Kraken” — said in a statement, Dan Ball, General Manager of MarketWatch.

In recent days the Dow Jones Media Group has begun testing its own blockchain, which could translate into increased the company’s interest in the technology of cryptocurrencies.

Last week Dow Jones announced that it is working on launching a web browser focused on privacy, in order to test its blockchain-a platform. Both companies will test the provision of content for digital advertising using the platform agent on the basis of the blockchain, a subsidiary of Dow Jones Media Group Barron’s and MarketWatch will be “performing publishers.”

The post MarketWatch is starting to track another eight cryptocurrencies appeared first on FineCrypto.

FineCrypto

The first of its kind system of insurance against hurricanes, based on the blockchain created for Puerto Rico

Decentralized insurance platform Etherisc announced the release of its product, intended for eliminating financial consequences of natural disasters in Puerto Rico.

According to the company, in the conduct of insurance policies in the event of hurricanes Etherisc uses smart contracts to get rid of the stress generated by traditional insurance companies.

The need to implement the new policy arose in 2017 after many small businesses and low income households affected by hurricane Maria. In the March report USA Today reported that almost 200,000 families and businesses and this is 16 percent of the inhabitants of the island, still without a roof over your head. People are faced not only with the serious consequences of the storm, but with delays or denials of payments from insurance companies.

“It’s been six months since hurricane Maria, and many residents of Puerto Rico and local entrepreneurs are still waiting for payment of their insurance claims,” said Renat Khasanshin, co-founder Etherisc. “Many had to wait months for the assessment of claims for payment. Residents still remain without a roof over your head, no money for repairs, and without insurance the loss of income. As a result, many just left the island.”

According to the research Center of Puerto Rico due to hurricanes every year, the island leave from 114 000 to 213 000 inhabitants. It is assumed that from 2017 to 2019 in total, the state will leave 470 335 inhabitants.

Etherisc saw an opportunity to help the islanders and to demonstrate what can be achieved when the platform of decentralized insurance. To this end, the platform has teamed up with local developers to create a customized policy that meets the needs of the people of Puerto Rico.

The Protocol is decentralized insurance Etherisc removes the intermediary out of the equation insurance, reducing the cost of insurance premiums. In addition, the Protocol automatiseret bonus calculations and payment of claims, making policy faster and cheaper than traditional insurance. Through the library’s automated smart contracts transactions are recorded in a safe and transparent way.

Stefan karpisek, co-founder Etherisc added:

“Insurance in case of hurricanes embodies our confidence in what you have to do insurance to help people solve real problems and to manage risk in their communities.”

The post The first of its kind system of insurance against hurricanes, based on the blockchain created for Puerto Rico appeared first on FineCrypto.

FineCrypto