Daily 10: IBM Unveils Stellar-based Payments Network; Australian Blockchain Industry Celebrates Milestone

March 21, 2019








As usual, there’s a lot going on in the crypto and blockchain ecosystem. To help you stay on top of it all, I’ve put together 10-part recap of the most notable events from the crypto space over the past 24 hours or so. Enjoy!


[1] IBM officially launched its Stellar-powered World Wide, a new financial rail that simultaneously clears and settles cross-border payments in near real-time. It has enabled payment locations in 72 countries, with 48 currencies and 44 banking endpoints. World Wide currently supports settlement using Stellar Lumens (XLM) and a USD stablecoin (through a collaboration with Stronghold).


[2] Ethereum-powered money market protocol Compound announced their team “has spent the past months analyzing, designing, and testing a second version of the Compound protocol.” Currently under audit, v2 represents “nothing short of [a] complete transformation,” according to Compound founder Robert Leshner, who detailed what to expect from v2 in a blog post.


[3] Crypto mining giant Bitmain released a new version of its Antminer Z series machines (i.e., Antminer Z11) for Equihash algorithm-friendly coins, according to their blog post. The most well-known cryptocurrencies that utilise Equihash are Zcash (ZEC) and Horizen (ZEN). Pre-sales for the Antminer Z11 are live, with shipping starting shortly.


[4] South Korean internet behemoth Kakao is set to integrate a crypto wallet in its messaging app KakaoTalk, according to local news outlet fnnews! Over 80 percent of South Korea’s population use the app to communicate. Last week, Kakao announced the raising of $90M for its Ground X subsidiary’s blockchain platform, Klaytn.


[5] MakerDAO (MKR/DAI) announced that Dai is now integrated with 0x Instant, making it ridiculously easy to access Dai on platforms. With just a few lines of code, you can now add Dai purchasing seamlessly to any app or website.


[6] Planned merger of the two peak industry bodies, Australian Digital Currency Association (ADCA) and Blockchain Australia (BA)As reported here on Nugget’s News, the “merged entity will be called Blockchain Australia and will enable a united stronger voice for the adoption of blockchain and distributed ledger technology.” Also on Monday, the Australian government committed $100,000 (AUD) funding for Australian companies to join Austrade’s Mission to Consensus in New York this coming May.


[7] Set announced that TokenSets will offer Strategy Enabled Tokens, tokens that “automatically enact portfolio strategy best practices simply by holding an ERC20 token.” TokenSets will launch in April; initially supporting two strategies and four sets.


[8] Unibright (UBT), the first unified framework for blockchain-based business integration, announced their core framework is “product ready” and can now be used by “enterprise clients to bring their existing systems and process into the blockchain – without writing a single line of code!” Unibright also noted that no downtime or major bugs were incurred in the three months their public demo was out for.


[9] Polymath (POLY) announced a strategic partnership with STO Global-X (STGX), an institutional-focused tokenization platform that will incorporate Polymath’s protocol and token specifications “as the base layer technology for security tokens created through its issuance platform.”


[10] Decentraland (MANA) announced the first public release of the Builder, a three-dimensional drag-and-drop scene editor for Decentraland’s virtual world. The project also launched its Creator Contest today. 900,000 MANA and 50 LAND in prizes up for grabs!


I compose threads like these several times a week. Following @mwill_crypto will allow you to read them hot off the press. If you loathe a clogged feed then, by all means, give me the flick and follow @NuggetsNewsAU instead. They actually do interviews and what not. Whereas I…well I just tweet about them!