View: 466
Want create site? Find Free WordPress Themes and plugins.

30 June 2017, After the meeting and inquiries from the parents, the head of two Montessori schools are going to accept the bitcoin.

Marco Ciocca, co-founder of the Flatiron & Soho added this option in the month of June. He held the meeting and inquiry session with parents. Accordingly, this decision comes from a different number of places. Not only school accepting the bitcoins as a payment infect universities including London and Greece are also accepting bitcoin in payment.

About 10 Parents are ready to do payments in the Bitcoin and Mr. Ciocca

He says, “If we talk about just the sort of transactional ease… I think this form of payment will continue to grow”.

Bitcoin is a cryptocurrency, which was used in 2010 first time in the real world. People accept it, spend it, use in exchange and do transactions around the world. Which means, it has some worth, some value.

Today’s value of the bitcoin is $2514.98. whereas its value is double since the start of this year.

Parents are lucky who invest early because they enjoy the rise in the price and discount on school’s hefty that is $31,000.

But Mr. Ciocca opposed the profit from coin value’s fluctuation in the financial market. The will receive tuition fees in bitcoin or other digital currencies.

By accepting these digital payments, Mr. Ciocca drags the parent’s attention toward the technologies’ new trends. This is the easiest way of each kind of payments. He says, “It’s just a much more seamless transaction”.

He was the investor of this-this currency first and want to be the part of its growth. That’s why he followed the currencies and introduce them in his own schooling system.

Story credit: bbc.com

 

Did you find apk for android? You can find new Free Android Games and apps.

Leave a Reply

Type Comments Here

Your email address will not be published.

Share Your Toughts

View: 566

The Blockchain is Utilized by South Korean Biotech Firm for Genomic Big Data Community

Want create site? Find Free WordPress Themes and plugins.

A Blockchain Ecosystem is a digitized, public journal of all cryptocurrency connections. Continuously increasing as ‘completed’ blocks (the most existing offers) are recorded and contributed to it in chronological order, it allows market participants to keep an eye on digital currency deals without central recordkeeping. Each node (a computer system connected to the network) gets a copy of the blockchain, which is downloaded quickly.
Blockchain Ecosystems

Initially established as the accounting approach for the virtual currency Bitcoin, blockchains – which use exactly what’s called dispersed journal development (DLT) – are appearing in a range of industrial applications today. Currently, the technology is mainly used to verify transactions, within digital currencies though it is possible to digitize, code and insert practically any file into the blockchain. Doing so produces a long-lasting record that cannot be changed; moreover, the record’s credibility can be validated by the entire community using the blockchain instead of a single central authority.

How Blockchain Works?

To start, here’s the most basic explanation without any metaphors or embellishment. In the language of cryptocurrency, a block is a record of new deals (that could imply the location of cryptocurrency or medical information, or perhaps voting records). When each block is finished it’s contributed to the chain, producing a chain of blocks: a blockchain.

Because cryptocurrencies are secured, processing any deals suggests fixing complicated mathematics issues (and these concerns end up being harder with time as the blockchain grows). Individuals who resolve these equations are rewarded with cryptocurrency in a treatment called “mining.”.

Public South Korean Development

The brand-new collaboration will take advantage of blockchain tech to produce a medical big information environment that would allow for both the safe and secure and private storage and the transfer of large amounts of delicate genomic and personal information.

As the press release notes, advances in genomics are improving the international medical landscape, permitting individually customized diagnoses, treatment and prevention. Medical huge information, which incorporates people’ genomic, health and lifestyle details, is both extremely delicate and of remarkable worth for the pharmaceutical and healthcare markets.

Public South Korean biotech service Macrogen, the country’s principal biotech sequencing provider, is developing a genomic huge information blockchain-based platform together with regional tech firm Bigster.

Macrogen CEO’s Remark

Macrogen and Bigster objective to develop the platform and have chosen to develop a permission blockchain that would restrict access to specific organizations such as pharmaceutical companies, biotech firms, healthcare facilities, and research institutes.

Speaking to a local news outlet The Korea Herald, Macrogen CEO Yang Kap-Seok commented,

” In spite of its large utility, gene information has been challenging to move due to personal privacy defense problems and technological barriers. We hope that our upcoming blockchain-based platform will enable healthcare genet [ic] and medical big information to flow easily.”.

A precedent for using blockchain for the safe exchange of genomic information has in fact been set by American Nebula Genomics’ cooperation with Longenesis– the latter being a Hong-Kong-based partnership in between Insilico Medicine and the Bitfury Group.

United States healthcare huge UnitedHealth Group announced it would be carrying out blockchain to keep its records approximately date in a more effective, protected and available method.

Did you find apk for android? You can find new Free Android Games and apps.
View: 496

Floyd Mayweather – SEC Charges Legendary Boxer with ICO Fraud

Want create site? Find Free WordPress Themes and plugins.

The U.S. SEC (Securities and Exchange Commission) has filed charges against the Centra Tech ICO (Initial Coin Offering), claiming that the legendary boxer, Floyd Mayweather promoted a token sale, which was allegedly a sham security offering.

According to the SEC complaint, the co-founders of Centra ICO are involved in the ICO fraud and made material misstatements as well as omissions that were intended to trick the investors whereas, the Centra ICO was also an “unregistered securities offering.”

ico fraud

SEC Ceases ICO

According to the Securities and Exchange Commission, Centra only pretended to have relationships with major financial institutions and lied about it. The major financial institutions which sent Centra several cease-and-desist letters are:

  • Visa
  • Bancorp
  • Mastercard

In addition to that, some of the executives showed in Centra’s advertising materials were also fake. The co-director of SEC’s Division of Enforcement, Stephanie Avakian stated:

“We allege that Centra sold investors on the promise of new digital technologies by using a sophisticated marketing campaign to spin a web of lies about their supposed partnerships with legitimate businesses.”

Furthermore, he added:

“As the complaint alleges, these and other claims were simply false.”

The Securities and Exchange Commission originally subpoenaed Centra in the month of February as part of its wide-investigation into ICOs.

Centra ICO Dependence

The Centra ICO is quite well-known because of its use of celebrity endorsements to advertise its product. Floyd Mayweather, who is known as a legendary boxing champion and has made paid-endorsements for numerous ICOs, had worked a lot on the promotion of the token sale on various social media platforms and got more than 5,600 like and 1,500 retweets. DJ Khaled was also hired by Centra for the promotion of the ICOs; however, no celebrity was named in the summons.

Steve Peikin also stated:

“As we allege, the defendants relied heavily on celebrity endorsements and social media to market their scheme…. Endorsements and glossy marketing materials are no substitute for the SEC’s registration and disclosure requirements as well as diligence by investors.”

The SEC has also cautioned that some of these ICO endorsements by celebrities might be illegitimate especially if the parties don’t make any obligatory public disclosures. On the other hand, Mayweather’s tweet promoting the token sale, such as, doesn’t specify that it is a paid advertisement.

Did you find apk for android? You can find new Free Android Games and apps.
View: 586

Man Pays for New Home with Bitcoin in Texas

Want create site? Find Free WordPress Themes and plugins.

Kuper Sotheby’s International Realty is a Texas-based real estate firm that just made its first sale of a property using Bitcoin.

Bitcoin is gaining a massive amount of media coverage the past few years and has become the world’s most popular digital currency. For starters, it was just buying everyday items. This later expanded to purchasing flight tickets and online games and now you can buy luxurious items such as yachts, a suite, and a custom-built home.

While the price of the home hasn’t been revealed, the buyer focused more on the ease of the transaction. He simply transferred the coins to the seller’s wallet, who converted them to U.S. dollars.

“In all of my 33 years of closing transactions, I honestly couldn’t have expected something so unique to go so smoothly,” said Kuper Sotheby’s Sheryl Lowe, the buyer’s agent, in a press release. “In a matter of 10 minutes, the bitcoin was changed to U.S. dollars and the deal was done!”

This shuts the comments made about bitcoin being “a fraud.” Moreover, it shows that more and more people are now beginning to accept cryptocurrencies and applying them in their day-to-day life.

 

News Credits: futurism.com

Image Credits: OWLbtc.com

Tags: bitcoin in Texas, bitcoin Texas, bitcoin news

Did you find apk for android? You can find new Free Android Games and apps.
View: 611

Bitcoin Price Predictions — Who Should You Believe?

Want create site? Find Free WordPress Themes and plugins.

Many believe that the leading cryptocurrency, Bitcoin, is the future of money while others think it’s just a scam. Supporters of Bitcoin claim that the price of the digital currency will touch the sky while sceptics believe that all cryptocurrencies including Bitcoin will end up “worthless.”
bitcoin price predictions
But what should you consider when it comes to Bitcoin price predictions?

Tim Draper’s Views

Tim Draper is one of the most notable investors in Bitcoin and Bitcoin startups. According to the recent statement of Draper, he believes that the price of Bitcoin will hit $250,000 in 2022. Draper’s Bitcoin price prediction in 2014 was correct, as he believed that it would hit the $10,000 mark by 2017.

You can find a list of financial professionals who called Bitcoin a scam and claimed that it doesn’t have any worth. In simple words, a massive percentage of Bitcoin sceptics are those individuals who have a financial incentive to see the leading cryptocurrency [Bitcoin] fail.

Stefan Hofrichter — Bitcoin Prediction

Stefan Hofrichter, head of global economics and strategy at Allianz Global Advisor has recently said:

“[Bitcoin’s] intrinsic value must be zero.”

It must be noted that Allianz Global Advisers is one of the biggest investment houses in the world and doesn’t offer any crypto investments to its customers. The demand for cryptocurrency investments is growing day by day, though Allianz Global Advisers still needs to validate why it doesn’t offer any products in this area. There’s a clear encouragement for Hofrichter as well as his research team to settle that ‘bitcoin is an asset bubble’ – not a smart investment. Therefore, just like the price prediction of Draper, Hofrichter’s view on the Bitcoin’s future value has to be taken as with scepticism.

Impact of Politics on Bitcoin Price

The recent comments of Donald Trump on Twitter are monitored by traders, globally – and they can affect the stock and currency market. Last month, Amazon’s stock declined over 8% in three sessions – after the president of America, Donald Trump tweeted about Kim Jong-un.

bitcoin predictions

What does Tom Lee have to Say about Bitcoin’s Future?

When we talk about Bitcoin future prediction, in actual fact, no one has any idea about the future price of Bitcoin. Nothing can answer what will be the price of Bitcoin in future. It’s only time that will tell us at what level the price Bitcoin will trade in 3-10 years. The Managing Partner and Head of Research at Fundstrat Global Advisors, Tom Lee, has been predicting the Bitcoin price for quite a few years. According to his prediction, the price of Bitcoin will hit $91,000 by March 2020.

Back in October, Tom Lee told Business Insider in an interview:

“I think this next generation of young people views bitcoin as their store of value. And if it captures 5 percent of the gold market, it’s worth at least $25,000 per unit.”

The founder of Standpoint Research, Ronnie Moas, has predicted that Bitcoin price will hit $28,000 in 2018. He believes that the price of Bitcoin will ultimately upsurge to $300,000 – $400,000. Moas price prediction for Bitcoin is based on the limited supply of Bitcoin — facing unlimited demand.

Moas said:

“I don’t know how much gold there is in the ground, but I know how much bitcoin there is, and in two years there will be 300 million people in the world trying to get their hands on a few million Bitcoin. This mind-boggling supply and demand imbalance is what is going to drive the price higher.”

There’s no doubt, anyone can contend that Fundstrat Global Partners benefits from the outspoken views of Lee on cryptocurrency estimations. Though the failure and the success of his company don’t depend on the ‘future performance’ of cryptos including Bitcoin — same goes for Ronnie Moas and his company.

When it comes to price prediction of Bitcoin, the best people that you should listen to are independent analysts. Their price targets are not only based on the exhaustive analysis but their main incentive is to be right with their predictions because that is exactly what they are getting paid for.

Did you find apk for android? You can find new Free Android Games and apps.
View: 545

Tax Authorities of Spain Request for Cryptocurrency Users’ Information

Want create site? Find Free WordPress Themes and plugins.

A source from Spain’s tax agency has confirmed that requests have been sent to over 60 companies by Spanish tax authorities to get information about the cryptocurrency users.  According to the source, the authorities have contacted almost a dozen cryptocurrency exchanges, 16 banks, companies operating cryptocurrency ATMs and over 40 businesses that allow online cryptocurrency payments.

crypto taxes

Details of Requests

The agency is looking for an authentic information about the transactions of cryptocurrencies as well as the parties that are involved in their implementation. The details of these requests include:

  • The identities of the businesses’ clients.
  • Bank account Information.
  • Credit card information.
  • The amount in the bank account/credit card.
  • Exchange rates involved in transactions.

The tax agency source has defined these information requests as an opening to the stricter investigation and scrutinizing. The source also added that the agency is already doing an analysis on the use of domestic cryptocurrency. The news originates from a sensitive interest amongst the international tax agencies in cryptocurrency, one that follows the surge of the market to over $800 billion in value.

Improved Oversight and Supervision

In addition, the news follows exertions from the ministry of finance, which manages the tax agency, to focus on cryptocurrencies including Bitcoin, as it was released in an official announcement which was published in the month of March. At the time, officials of government remarkably wanted to connect the technology to organized delinquency, calling for improved omission and regulation.

The worldwide regulatory environment has now become more challenging for cryptocurrency investors, especially for those who once bloomed in a climate of obscurity and legitimate ambiguity. Also, Australia has announced that it is imposing new regulations on digital-currency exchanges. Spain is not the first country which is sending out warnings to the market involving the buying of cryptocurrency and crypto taxes, linked to the activity because this is something that numerous countries are trying to crack down on, and it also makes it clear that buying digital coins will not provide exception from tax.

Did you find apk for android? You can find new Free Android Games and apps.