In the past week, the flagship cryptocurrency, Bitcoin, went through a price correction. Trading today at $10,183, Bitcoin's price slid from $12,000 losing 15% of its value in the span of four days as you see in the 7-day chart below. Some analysts believe that the value of the US dollar plays a huge role in the Bitcoin's value; the stronger the dollar, the weaker the Bitcoin.
The University of Dubai announced the success of publishing e-credentials of graduates on a tamper-proof blockchain certificate platform.
Bailey compared stablecoins to bitcoin, saying that he thinks that bitcoin is “unsuited to the world of payments” because of its fluctuation. Unlike Bitcoin, Stablecoins can ‘reduce frictions in payments, by potentially increasing the speed and lowering the cost of payments (particularly if global stablecoins were to be established)’, he argues. Also, he hinted that the BOE might consider exploring the idea of launching a Central Bank Digital Currency (CBDC).
Pornhub website announced in a tweet the fact that they now accept Bitcoin (BTC trading at $10,175), Ethereum (ETC trading at $344.09), Litecoin (LTC trading at $47.54) as methods of payment for premium content:
To further expand our cryptocurrency options for Pornhub Premium, we're excited to announce that we now accept Bitcoin & Litecoin as payment methods! ? https://t.co/IqHra9Pu9h
— Pornhub Premium (@pornhub_premium) September 1, 2020
According to YonHap, the system will be used also for “book lending and cafeteria use, and rewards for excellent employees are provided through KISA coin (tentative name), etc., and payment for office supplies, refreshments, and beverages”.
No one can deny how many challenges COVID-19 brought upon our already troubled world, but in every crisis lies an opportunity. This startup was inspired by the pandemic's challenges to come up with its new ICC AOKpass app.
According to the website, the app ICC AOKpass provides you with a digitally authenticated, secure, and portable copy of your medical records, approved by a medical professional and accessible only by you. So this will allow users to instantly verify their COVID-19 compliance status anytime, anywhere, and share them with the authorities in just a click!
Source: coinmarketcap.com
FinnoSec Africa 2020 (Sep 08, 2020 - Sep 09, 2020) Nairobi, Kenya
Block Sec 2020 (Sep 17, 2020 - Sep 17, 2020) Georgia, United States
