Chainlink Price Analysis: LINK Marches Towards $3 And Recovers Against Bitcoin

  • LINK surged by a total of 10% over the past 2-days as it reaches $2.80.
  • It has now reached resistance at the 100-days EMA as it sets its sights to head above $3.00.
  • Against Bitcoin, LINK has also surged as it climbs from 0.00033 BTC to reach 0.00038 BTC.

Key Support & Resistance Levels

LINK/USD:
Support: $2.75, $2.60, $2.40.
Resistance: $2.80, $3.00, $3.17.
LINK/BTC:
Support: 0.00036 BTC, 0.000345 BTC, 0.00033 BTC.
Resistance: 0.000385 BTC, 0.0004 BTC, 0.00042 BTC

LINK/USD: Chainlink surges Into 100-days EMA Resistance

LINK ended March by rebounding at the $2.20 support level as it started to climb higher. Over the past 2-days, it managed to rise above the 200-days EMA and break resistance at $2.74 (bearish .382 Fib Retracement) to reach the current resistance at $2.80 – provided by the 100-days EMA.

Once the 100-days EMA is cleared, the cryptocurrency could be able to head further higher above $3.00 and regain more of the March 2020 losses.

linkusd-apr8
LINK/USD. Source: TradingView

LINK-USD Short Term Price Prediction

Above $2.80, the first level of resistance lies at $3.00 (1.272 Fib Extension). Following this, resistance lies at $3.17 (bearish .5 Fib Retracement), $3.33 (1.618 Fib Extension), and $3.60 (bearish .618 Fib Retracement).

Toward the downside, support lies at $2.75, $2.60 (200-days EMA), and $2.40.

The RSI has risen above the 50 level as the buyers dominate market momentum. If it can continue to remain at these heights, LINK will certainly be able to breach $3.00.

LINK/BTC: ChainLink On The Road To Recovery

Against Bitcoin, LINK managed to rebound from support at 0.00033 BTC to reach as high as 0.000385 BTC today. It ran into resistance provided by a bearish .236 Fib Retracement and is currently involved in a battle to break above here.

If LINK can continue above 0.00042 BTC, it will turn bullish against Bitcoin and be well on the road to recovering from the March 2020 price collapse.

linkbtc-apr8
LINK/BTC. Source: TradingView

LINK-BTC Short Term Price Prediction

The first level of resistance above 0.000385 BTC is located at 0.0004 BTC. Above this, resistance lies at 0.00042 BTC (bearish .382 Fib Retracement), 0.000448 BTC (bearish .5 Fib Retracement), and 0.00046 BTC.

Toward the downside, support lies at 0.00036 BTC (100-days EMA), 0.000345 BTC, and 0.00033 BTC.

The RSI has also climbed above 50 here to show the buyers taking control of the market momentum. It has room to continue much higher, which suggests the LINK price hike has only just begun.

The post Chainlink Price Analysis: LINK Marches Towards $3 And Recovers Against Bitcoin appeared first on CryptoPotato.

Source: Crypto Potato

Ripple Co-Founder Unlocks 63.7 Million XRP From Settlement Wallet

Ripple XRP

Guess who’s at it again moving the latest part of his Ripple settlement? Co-Founder Jed McCaleb just transferred 63,704,590 XRP ($12,293,769) to his personal wallet. XRP holders brace for the possible incoming dump.

Former Ripple Founder’s Massive XRP Transfer
Late last night, Whale Alert flagged up the gigantic XRP transfer from Jed McCaleb Settlement to Jed McCaleb’s wallet. More than $12mn worth of XRP could be getting ready to be dumped on the market.

63,704,590 #XRP (12,293,769 USD) transferred from Jed McCaleb Settlement to Jed McCaleb wallet
Tx: https://t.co/UVbEN1FJMt
— Whale Alert (@whale_alert) April 7, 2020

The crypto transactions tracker also added that this transfer was just part of the settlement between McCaleb and Ripple:
From his account Tacostand the #XRP periodically gets sent to the account rLkM…Q1A where it is being sold

This transfer is part of the settlement between Ripple and Jed McCaleb. From his account Tacostand the #XRP periodically gets sent to the account rLkM…Q1A where it is being sold. https://t.co/je2py8Ntc4
— Whale Alert (@whale_alert) April 8, 2020

Just when Ripple’s token looked to be recovering and the company announced a new exchange listing, XRP holders are once again faced with the continued problem of Ripple’s over-supply and Jed McCaleb dumping on them.
The tweet alert was unsurprisingly met with the usual fury of holders and disdain from XRP opponents. The consensus was pretty much the same, however, summing it up in two words:
Dump incoming
Crypto’s Best-Known Whale?
McCaleb joined Ripple in 2014 and was the main mastermind behind the creation of its XRP token. But he later left the company to start Stellar and agreed upon a significant settlement of XRP to be paid out over time.
As pointed out by Whale Alert, this is then usually sold on the open market to the frustration of XRP holders. By the conditions of the contract, however, McCaleb may only sell a certain amount and is obliged to do so with caution liquidating at average market prices. So, does his continued selling of tokens affect the price of XRP?
According to a blog post by Whale Alert:
Compared to the total trade volume per day, the amount he is selling seems insignificant. For instance, from the 1st to the 7th of June 2017, he sold a total of 2.5 million XRP for $741,000 USD. The total trade volume that week for the XRP/USD pair on Bitstamp alone was 127 million XRP, but volume is not a good indicator for how much the market can absorb.
The post goes on to say that there is not enough data to confirm whether his regular dumping has an effect on the price. However, since he is exclusively selling XRP:
He is adding to the net amount available. It is also important to note that it seems that the profits are being cashed out directly through Bitstamp and we found no evidence that any of it is being reinvested into the crypto market.
Do you think Jed McCaleb will dump his latest tranche of XRP tokens? Add your thoughts below!

Images via Shutterstock, Twitter @Whale_Alert 

Source: Bitcoininst

Pro-Bitcoin Jack Dorsey Just Became a Global Super Hero

jack dorsey bitcoin

Bitcoin advocate Jack Dorsey just won the admiration and praise of more than just his Twitter followers. Yesterday, the Square and Twitter CEO announced that he was allocating $1B (28% of his wealth) to fighting the global COVID-19 pandemic.

Bitcoin Advocate Elevated to Super Hero Status
Jack Dorsey has always had kudos in this space. His financial services and mobile payment firm Square allows for Bitcoin transactions. He enabled a ₿ symbol on his social media platform Twitter, and he’s repeatedly spoken out as one of Bitcoin’s biggest advocates. But now, he’s taken his superb human being status to a whole new level. He’s donated 28% of his wealth to fund global COVID-19 relief.

I’m moving $1B of my Square equity (~28% of my wealth) to #startsmall LLC to fund global COVID-19 relief. After we disarm this pandemic, the focus will shift to girl’s health and education, and UBI. It will operate transparently, all flows tracked here: https://t.co/hVkUczDQmz
— jack (@jack) April 7, 2020

He went on to say that after the pandemic was disarmed, the rest of the funds would go toward girls’ health and education and UBI. He also provided a Google document where people can track how the money is spent and can see every movement completely transparently.
Further down in his Twitter feed, he justified his reasons for focusing on girls’ education and UBI. He said:
I believe they represent the best long-term solutions to the existential problems facing the world. UBI is a great idea needing experimentation. Girl’s health and education is critical to balance:
He also stated that it was important to make the process transparent so that “so I and others can learn.” He concluded by saying:
Why now? The needs are increasingly urgent, and I want to see the impact in my lifetime. I hope this inspires others to do something similar. Life is too short, so let’s do everything we can today to help people now.
Setting a Global Example
Dorsey’s tweet garnered thousands of likes and comments, perhaps most notably, a thank-you from ex-Democratic presidential candidate Andrew Yang who was a proponent of a Universal Base Income (UBI) of $1,000 for every American a month. He was also Bitcoin’s choice with high knowledge and support of the cryptocurrency who took the debate to the highest level. He simply said:
Thank you Jack! This is a spectacular commitment

Thank you Jack! This is a spectacular commitment.
— Andrew Yang (@AndrewYang) April 7, 2020

Binance’s CZ also pointed out that Dorsey was a shining example for the next generation of “billionaires.” They should not be measured on how much they own, he said, but by how much they give:

The next generation of “billionaires” are not measured by how much they own, but how much they give. Respect @jack! https://t.co/UvJN8ECkwL
— CZ Binance (@cz_binance) April 8, 2020

With all the disinformation, uncertainty, and fear gripping the world right now, it’s comforting to know that there are people like Jack Dorsey in it. Willing not only to step up and take action now but to see their commitment through experimenting with new financial policies. Respect.
What do you make of Jack Dorsey’s huge generosity? Add your thoughts below!

Images via Shutterstock, Twitter @cz_binance @Jack @Andrew Yang

Source: Bitcoininst

Twitter CEO Jack Dorsey Allocates $1 Billion Of His Square Equities To Launch COVID-19 Helping Fund

Twitter CEO and Square founder, Jack Dorsey, is joining the list of entrepreneurs donating money and supplies to fight the COVID-19 pandemic. The well-known Bitcoin proponent has transferred $1 billion worth of his Square shares into an entity called Start Small LLC. The amount represents 28% of his net worth.

Jack Dorsey’s COVID-19 Fund

As the fight against the novel coronavirus continues, large entities and even individuals are donating significant amounts for equipment, masks, ventilators, and more. Jack Dorsey, Twitter CEO and founder of Square, recently announced his contribution on the matter.

Dorsey has established a transparently operating fund called Start Small LLC. He has transferred $1 billion worth of his Square shares, which represents roughly 28% of his wealth.

According to the file Dorsey shared, the first donation of $100,000 has been submitted to America’s Food Fund. Launched by popular Hollywood actor Leonardo DiCaprio, its mission is to raise $15 million for meals for people impacted by the COVID-19. It managed to raise over $12 million in just a day.

Dorsey, who still keeps the Bitcoin emoji on his personal Twitter page, explained that the Start Small LLC would play a role even after the COVID-19 crisis ends. It will focus on the health and education of girls worldwide.

Current COVID-19 Data

Just a few months after the first infected person in China, the novel virus has spread to almost all corners of the world. The total number of confirmed cases is rapidly closing down to 1.5 million. The total death toll at the time of this writing is above 82,000.

The United States is currently the most affected country in terms of case numbers. Over 400,000 people have tested positive. So far, though, the number of casualties is relatively low – less than 13,000. Nations like Spain and Italy, while having significantly less confirmed cases, have reported more deaths.

The silver lining at the moment is the number of successfully recovered patients worldwide – over 300,000.

The post Twitter CEO Jack Dorsey Allocates $1 Billion Of His Square Equities To Launch COVID-19 Helping Fund appeared first on CryptoPotato.

Source: Crypto Potato

Why Global Markets Are Rallying When It Seems Like They Should Be Crashing Due To COVID-19?

There’s something curious unfolding in global markets this month. While COVID-19 rages across the planet and the economy has ground to a halt, equities have actually been rallying. Global stock prices have been on their way up for two weeks now. It appears like Wall Street’s doing great. The Dow Jones Industrial Average has increased by 21.8% since Mar 23.

So have investors lost their minds? On the face of it– this seems absolutely crazy. How could stocks be rallying when 10 million people in the U.S. have lost their jobs in just two weeks? On Mar 23, the day the rally started, Morgan Stanley forecast a 30% decline in U.S. GDP for the second quarter of this year. We’re looking at economic damage of Great Depression proportions here.

An Unseemly Rally

To really give an idea of just how strange this stock market rally is, consider this: the top 100 stocks by market capitalization in the London Stock Exchange rallied 2.19% Monday– while the British Prime Minister Boris Johnson laid in a hospital intensive care unit (ICU) with COVID-19. This doesn’t seem like mere optimism. It doesn’t even seem like the characteristically reckless euphoria of an equities bull run in its final throes. This just seems plain unhinged.

But the stock market rally does actually make sense, counterintuitive though it may be. There are a couple of reasons for it. The main one is that big bounces like this always happen during bear markets. Or as a columnist for the “Real Money” vertical on The Street wrote as the stock market rally began, “What you’re witnessing is classic bear market action.” It’s textbook.

sp500_8apr-min
Rally? There is still a long way until the ATH of mid-February. S&P500. Chart by TradingView

Besides, the markets’ main role is to forecast the future. The current situation, of thousands of casualties every day, along with a lockdown until the end of April (according to President Donald Trump), is already priced in. As a reminder, this impressive price rally came after the quickest 30% drop in Wall Street’s history.

As long as there is no new information, the COVID-19 financial crisis will evaporate, and the economy will recover. However, there is more unknown than known these days. Scenarios like the bankruptcy of leading corporates, like the famous Lehman Brothers’ collapse back in 2018, might change the balance.

Another cause might come from an extension to the lockdown, which will have a direct effect on the consumption and the earning reports of Q2 and maybe Q3 of 2020.

Bear Markets 101

During bear markets, prices swing wildly up and back down again. The joke on Wall Street is, “Even a dead cat will bounce if you drop it from high enough.” As markets crash, there’s a demand for equities at a value that drives these bounces. But it’s not enough to keep the capitulation from continuing until the market correction is over. In the case of this bear market, it looks far from over.

From peak to bottom, the last bear market for U.S. stocks lasted 17 months. That was from Oct 2007 until Mar 2009. The wave of mortgage defaults in the subprime lending market, along with a couple of major corporate implosions in the finance industry were bad. But they weren’t nearly as devastating as the COVID-19 pandemic, and the radical measures taken by many world governments to contain it. And today’s debt bubble is far worse than the one that burst in 2008.

Stimulus Will Boost Bitcoin

The other factor fueling this rally is the massive stimulus efforts undertaken by central banks and world governments. The U.S. has committed $6 trillion in monetary and fiscal stimulus for emergency relief. That has no doubt buoyed markets over the past several days. But even extraordinary stimulus measures to fight the 2008 financial crisis didn’t stop that one from dragging out for 17 months. Will the current bounce last after the sugar rush wears off? Only time will tell.

But if it does, it might have a positive effect and drive up the price of cryptocurrencies like Bitcoin.

* Disclaimer: This article is the opinion of the author, and does not represent professional financial or investing advice.

The post Why Global Markets Are Rallying When It Seems Like They Should Be Crashing Due To COVID-19? appeared first on CryptoPotato.

Source: Crypto Potato

Bitcoin Cash Jumps 7.7% as Halving Arrives, BTC Rally Next?

Bitcoin cash halving

Bitcoin is fast approaching the much-awaited halving event, but its main forks will start first. BCH will reduce its block reward today, while BSV will do this later this week.

BCH, BSV Price Hit 1-Month High
The Bitcoin community is preparing for one of the most important events that takes place once every three or four years – the halving. After block 630,000, Bitcoin miners’ reward will be reduced from 12.5 to 6.25. The resulted scarcity is expected to push prices to new highs.
Bitcoin’s main forks, BCH and BSV will start earlier. Bitcoin Cash will slash the reward later today. At the time of writing, 629,933 have been mined so far.
The price of BCH is already surging, gaining 7.70% during the last 24 hours, to $274, as per Coinmarketcap data. The BCH/BTC ratio is also increasing, hitting the highest level since March 7. While the halving event will likely impact the supply/demand ratio in Roger Ver’s cryptocurrency, about a third of BCH coins haven’t been moved since the fork, which makes it scarcer than thought, at least for now.

What about Bitcoin Cash? Circulating supply is generally reported as 18.4M, but is it really 12.4M? Since 6M $BCH has never moved since the fork, should they be considered as circulating supply? pic.twitter.com/Udo9ODhIVP
— CoinMetrics.io (@coinmetrics) April 6, 2020

Elsewhere, Craig Wright’s BSV will experience its halving event tomorrow or on Thursday. However, the coin is performing even better than BCH for now, as it jumped 13% in the last 24 hours, making it the second-best performer among top 100 coins. BSV is now trading at $213.

The halving of BCH and BSV is happening earlier than in BTC because BCH had a different blockchain algorithm at one point, which eased the difficulty of mining. BSV forked from BCH in November 2018. Some analysts expect the halving to be a disaster for BCH, suggesting that many will move Bitcoin.
Will Bitcoin See Similar Price Surge in May?
It’s interesting to observe the price rally in BCH and BSV. It is very likely that Bitcoin will experience the same. The media attention and the general fuss about it will probably support a rally, even though some investors claim that the halving has been already priced in.
But Bitcoin might turn bullish even before halving, as BCH and BSV miners will move to BTC for a while given that the two are less profitable now.
Besides, Bitcoin will benefit from its safe-haven status amid the market turmoil and the Fed’s cash injections.
Bitcoin halving is expected to happen on May 13. Currently, the cryptocurrency is trading below $7,350, gaining 0.60% during the last 24 hours.
Do you think Bitcoin will surge next month? Share your expectations in the comments section!

Images via Shutterstock, Investing.com, Twitter:@coinmetrics

Source: Bitcoininst

It’s Bitcoin’s Time To Shine Amid Coronaviurs Outbreak, Tim Draper Says

The countermeasures attempted by world governments to fight the COVID-19 pandemic will have disastrous consequences on the economy, said Tim Draper. The prominent VC investor outlined that amid this, Bitcoin will flourish as people will utilize its decentralized nature.

Simply Printing Money Doesn’t Work

The sudden outbreak of the coronavirus pushed world leaders to take drastic measures to fights the spread. Entire countries initiated full lockdowns, businesses closed down, the economies dwindled, and governments had to respond. Some announced stimulus packages to support their economies, and the U.S. topped them all with a historic injection totaling at $6.2 trillion.

Many world-renowned experts criticized this particular measure. American venture capital investor, Tim Draper, also joined the “you can’t just print so much money at once” initiative. In a recent interview, the Draper Associates founder bashed his own government:

“The governments are printing super amounts of money, and they are saying, “we’re here – trillion dollars.” The government can’t put a trillion dollars out in the economy unless they just do a tax holiday. They have to do it through the SPA and through different organizations. It creates all sorts of friction to getting the money. It will be years before that money permeates the economy.”

Bitcoin’s Opportunity

As such, Draper believes that the value of the dollar will eventually decrease. As a long-time Bitcoin supporter, he noted that this could be its moment:

“This is going to be a really interesting time. People will say, “wait, why don’t I use Bitcoin? I know there are only 21m of them, and we don’t have to worry if the governments are diluting their currencies by printing tons of them. We can; instead, all use a currency that we all agree on, and it’s all a part of the economy. It’s already frictionless, open, transparent, and global. So why bother with the other ones?”

According to Draper, once the COVID-19 crisis is over, people will analyze the actions of their respective governments. And if they decide those measures were “too draconian” and leaders had too much power, this could turn them to Bitcoin even more because of its decentralized nature.

He also added that smart contracts would have a significant role in the post-coronavirus world. People would want more transparency, control, and knowledge about what is happening.

A Blessing In Disguise

The number of jobless citizens is skyrocketing during the nation-wide lockdowns. Draper believes, however, that desperation will exhort people to take “lives into their own hands.”

Instead of listening to governments and media, they might decide to act, educate themselves, or even become entrepreneurs. And if they manage to view the current situation as an opportunity, the world might emerge a better place than it was before it all started:

“This tends to be a very good time for innovation. The world is going through a rethinking. This is the kind of time where all of these things that seemed possible but maybe unlikely, are now on the table. People are starting to say: “wait, how do we use Bitcoin? How do we use smart contracts? How do we use artificial intelligence?”

The post It’s Bitcoin’s Time To Shine Amid Coronaviurs Outbreak, Tim Draper Says appeared first on CryptoPotato.

Source: Crypto Potato

Deutsche Bank Envisions Post Covid-19 Economy Accelerating Digital Payments

Deutsche Bank Envisions Post Covid-19 Economy Accelerating Digital Payments

Since the covid-19 outbreak wreaked havoc across the world’s economies, the global multinational investment bank Deutsche Bank has been encouraging the use of digital currencies. The firm’s Twitter account and macro strategist Marion Laboure have been tweeting regularly about how coronavirus infection risks could “accelerate digital payment systems across the world.”

Also read: 5% Over Spot: Gold-Backed Tokens Tether Gold and Digix Sell for Higher Premiums

Deutsche Bank’s Macro Strategist Envisions a Digital Payment Transformation Post Covid-19

The coronavirus is surely changing the way we look at things and how we operate in our everyday lives. For years now, society has been aware that physical currencies can be dirty and the covid-19 outbreak has exemplified this fact. Researchers have reported that paper currency can carry a higher number of microorganisms than your toilet. It has been said that the seasonal flu virus can survive on a banknote for roughly 17 days. These statistics have caused governments across the world to store notes in separate locations and even scrub them. Last month, the U.S. Federal Reserve was storing repatriated USD from Asia in a different location. The month prior, when covid-19 was ravaging China, the People’s Bank of China (PBoC) explained that repatriated yuan notes were being disinfected.

Germany’s Deutsche Bank AG and the financial institution’s macro strategist Marion Laboure think trends like these will bring about a number of digital currency concepts. On April 3, the bank’s official Twitter account stated:

The covid-19 pandemic is accelerating the rise of central bank digital currencies as many governments see the handling of cash as a potential risk factor. This will likely add to calls to move towards digital cash according to our Deutsche Bank research colleague Marion Laboure.

The bank’s macro strategist Marion Laboure has been tweeting about the coronavirus accelerating the use of digital currencies and causing a “transformation.” “The recognition of the infection risk will likely accelerate the push towards digital payment systems across the world,” Laboure said. In a recent report called “The Covid-19 Cash Out,” authors Juergen Braunstein, Marion Laboure, and Sachin Silva wrote about a possible transformation.

Deutsche Bank Envisions Post Covid-19 Economy Accelerating Digital Payments

“Because the hand-to-hand exchange of physical currency could transmit the coronavirus, countries around the world are being forced to reconsider the use of cash,” the researchers detailed. The report highlights that the authors can’t predict what will happen in a post covid-19 economy, but they can envision a new type of payment structure. “Digital versions of cash currency, such as Sweden’s recently announced e-krona, are promising examples of what could be in store,” the report concludes.

Deutsche Bank Envisions Post Covid-19 Economy Accelerating Digital Payments

‘Digital Payments Could Rebalance Global Economic Power,’ Says Deutsche Bank Researchers

Various other tweets and reports by Laboure and the official Deutsche Bank Twitter account mention central bank digital currencies (CBDCs). The financial institution’s reports also talk about digital assets that exist today like bitcoin, e-wallets, stablecoins, the possibility of a digital yuan, and balancing the monetary system. Various quotes from the bank’s researchers stress things like “By 2025, e-wallets are expected to be the second-most preferred method of payment after cards – and the first among millennials” and how the “transition to digital payments could potentially rebalance global economic power.”

Of course, the bank is shilling CBDCs and stablecoin concepts that represent digital fiat reserves. These new digital systems would be no different than the digits citizens use today, except it would use a blockchain. It’s not very likely a CBDC will rebalance any power because it’s centralized. Society has already seen what modern central banks worldwide will do to the citizenry’s money over time. With cryptocurrencies like bitcoin, on the other hand, Satoshi created a financial system that is not controlled by a single entity, corporation, government, or central bank.

Deutsche Bank Envisions Post Covid-19 Economy Accelerating Digital Payments
“The root problem with conventional currency is all the trust that’s required to make it work,” explained Satoshi Nakamoto on Feb. 11, 2009. “The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve.”

It might be small right now, but this is why the crypto economy is worth close to a quarter of a trillion U.S. dollars. People find value in cryptocurrencies that can give people financial privacy, censorship resistance, and allow them to transact in a peer-to-peer fashion. Deutsche Bank is right that physical banknotes are dirty but the financial incumbent’s digital transformation ideas are questionable, to say the least. Ever since the modern central bank was born and the many that followed after, the monetary system has been plagued with busts and booms.

What do you think about Deutsche Bank shilling digital currencies because of covid-19? Let us know in the comments section below.

The post Deutsche Bank Envisions Post Covid-19 Economy Accelerating Digital Payments appeared first on Bitcoin News.

Source: Bitcoinnews.com

3 Ways Blockchain Can Prevent Supply Chain Disruptions During a Global Pandemic

Supply Chain Blockchain Machine Boxes Factory Brown Blue

With the current global lockdown affecting supply chain visibility, blockchain technology once again presents itself as being primed for more broad-based utilization in traceability, shipments, and other critical aspects of supply chain management (SCM). Here are three ways the novel technology can prevent disruptions in supply chains across various industries during a global pandemic. SCM

Read MoreRead More. The post by Osato Avan-Nomayo appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

Source: BTC Manager

Tesla, SIPG, Cosco Trial Blockchain Technology to Streamline Cargo Shipment

Boat Passing into a Port

According to April 7, 2020, report by Splash 247, software firm CargoSmart, in partnership with Cosco, Shanghai International Port Group (SIPG), and Tesla recently conducted a pilot project to test a new application that could transform the cargo release process via blockchain technology. Blockchain Technology to Help Change the Cargo Industry Making waves across myriad

Read MoreRead More. The post by Aisshwarya Tiwari appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

Source: BTC Manager