RIPPLE PUTS ON BLOCKCHAIN EVENT AT UNIVERSITY OF CALIFORNIA
The Sacramento Kings Basketball Team launches a token for their app, and Ripple hosts a meeting of crypto minds at USC Berkeley, let’s start the show. Welcome back to crypto global news, please make sure you like share and subscribe to the show. Also, we have a brand new website – jump over to cryptognt.com and have a look, we have all the latest news from the world of blockchain and cryptocurrency. You can find a link to our site in the show notes below. Enjoy today’s episode. In recent days, Ripple hosted a gathering of 200 developers, researchers and graduate students at the University of California, Berkeley campus for its first annual University Blockchain Research Initiative conference. This meeting of the minds is Ripple’s major academic conference focused on blockchain and digital assets from a multidisciplinary perspective. At the event there were representatives from 40 schools across 14 different countries to discuss blockchain and crypto across business, law and engineering. What is to come out of these meetings hosted by Ripple and the others like it across the globe? The World Federation of Exchanges (WFE), which is a global trade association of publicly regulated exchanges, is urging the United Kingdom’s Financial Conduct Authority (FCA) not to restrict cryptocurrency derivatives for retail investors. The World Federation of Exchanges offered an array of recommendations such as the implementation of standards, consideration of underlying market structures, and a review of the ban — if it is introduced — to ensure consumer choice and access. What will happen in so far as cryptocurrency derivatives in the UK? Just a reminder, we have a brand new website – jump over to cryptognt.com and have a look, we have all the latest news from the world of blockchain and cryptocurrency. You can find a link to our site in the show notes below. And now, back to today’s episode. Mobile payments app Chai is launching mobile blockchain-based payments at 13,500 CU convenience stores in South Korea. Chai — which operates on the Terra blockchain — will now be accepted as a means of payment at the major convenience store chain. App support will be added at CU by the end of 2019 following a partnership between Chai and convenience store operator BGF Retail, which owns the stores in question. How will this affect crypto adoption in South Korea? The Sacramento Kings has teamed up with New Jersey-based blockchain ticketing platform Blockparty to add blockchain-based rewards to its prediction game Call the Shot, The new program will be available in the upcoming 2019–2020 season. During the season, Blockparty will be tracking Kings fans’ activity while they are betting on Call the Shot — and players will be able to accumulate points in a virtual wallet within the Sacramento Kings + Golden 1 Center app. How will this affect the sacramento kings, the NBA and the wide world of sports? Ex-federal prosecutor and now Andreessen Horowitz partner Katie Haun have argued that the United States blocking Facebook’s Libra digital currency will have national security implications. Andreessen Horowitz is a founding member of the Libra Association. Speaking of the planned cryptocurrency, Haun noted that the social media giant’s project was facing “the same criticisms” and misperceptions that the asset class faces more broadly. The push/pull between Libra and the people who hold legislative power in Washington continue to be an issue. If the USA never actually comes to the party with regard to libra, what will be the relationship between Libra, Facebook and the US government? Many thanks for tuning into today’s episode, please make sure you like share and subscribe to the show, And please remember to go check out our new website at cryptognt.com where you can find all the latest news from the world of cryptocurrency. You can find a link to the site in the show notes below. For crypto global news I’m Edward, until next time you take it easy.