#CryptoCorner: St. Louis Fed Now Tracking #Crypto, India to Launch National #Blockchain Platform, #Rapper #Akon Set to Introduce New #Cryptocurrency
#CryptoCorner: St. Louis Fed Now Tracking #Crypto, India
to Launch National #Blockchain Platform, #Rapper #Akon Set to Introduce New
#Cryptocurrency
Stanford Founds Blockchain Research Centre
Point Roberts, WA, Delta BC –June 21, 2018 - Investorideas.com, a leader in crypto and
blockchain investing news reports on what’s driving the cryptocurrency markets
with today’s edition of Crypto Corner.
Crypto Corner – June 21, 2018
Read this in full at http://www.investorideas.com/news/2018/crypto-corner/06211StLouisIndiaRapperAkon.asp
St. Louis Fed Now Tracking Crypto, India to Launch National Blockchain
Platform, Rapper Akon Set to Introduce New Cryptocurrency and Stanford Founds
Blockchain Research Centre
Federal Reserve Economic Data (FRED), a database
operated by the St. Louis Federal Reserve, has announced that it is now tracking price data for four cryptocurrencies: Bitcoin
(BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH). The data is drawn
from crypto exchange Coinbase, is updated daily and spans back to 2014.
India is set to launch a national blockchain
platform project called IndiaChain, according to Factor Daily. IndiaChain will
“allow both government and private entities to take advantage and build large
scalable solutions.” Government policy think thank, the National
Institution for Transforming India (NITI Aayog), aims to bring out a blockchain
policy paper next month.
“The work on
the blockchain paper is in full swing now and hopefully it will be out by the
end of the month or beginning of July,” said a Niti Aayog official.
Page Six reports that
Senegalese-American rapper Akon is launching a new cryptocurrency called Akoin
next month. Akon, who also plans to turn 2000 acres of land in Senegal into a
“100 percent crypto-based city”, said during a panel at Cannes Lions that his
crypto would help Africa.
“I think that
blockchain and crypto could be the savior for Africa in many ways because it
brings the power back to the people and brings the security back into the
currency system and also allows the people to utilize it in ways where they can
advance themselves and not allow government to do those things that are keeping
them down.”
Stanford
University has launched the Centre for Blockchain Research, which is intended
for “researching and understanding a
technology that promises to fundamentally change how people and companies make
deals and complete financial transactions over the internet” according to an official announcement.
The center will bring university
scientists and industry leaders together to develop best practices for this
burgeoning and potentially transformative field. In addition to research,
center scientists are creating courses to help future students and working
professionals use blockchain to develop financial instruments, protect
intellectual property, manage vital records and more.
Sam Mowers, Investorideas
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