New York city plans blockchain center
Announced Monday during blockchain week in New York, the New York City Economic Development Corporation (NYCEDC) is launching several initiatives to put the city on the map as a blockchain technology hub. Foremost among them is a plan to open a “Blockchain Center” that will both promote public awareness of the technology and facilitate conversations among industry stakeholders.
The NYCEDC also announced a competition, expected to launch in late 2018, intended to generate ideas for improving municipal services with blockchain tech.
Samourai and goTenna launch Bitcoin wallet that works without the internet
Since internet connections aren’t always available, reliable or private, cryptocurrency users need alternative ways to connect to the network. So the New York-based startup goTenna, founded in 2012 by Brazilian siblings Daniela and Jorge Perdomo, is partnering with Samourai Wallet to launch an Android app this summer that allows users to send bitcoin payments without an internet connection.
“You need to be able to spend your bitcoin even in disaster areas,” goTenna engineer Richard Meyers said, citing the Perdomo siblings’ recent work in Puerto Rico, where goTenna devices helped people reconnect after Hurricane Maria. “As long as you have a way to charge your phone, you can be up and meshed and communicating.”
“It offers an alternative that is more censorship-resistant,” Meyers said.
Florida tax collector is first US gov agency to accept Bitcoin
A Florida county tax collector has partnered with Bitcoin payments processor BitPay to accept cryptocurrency for a variety of services.
Seminole County Tax Collector Joel Greenberg said in a statement Monday that his office will take Bitcoin for payments associated with driver licenses and ID cards, automobile tags and titles and property tax.
Greenberg said in the statement:
“The aim of my tenure in office is to make our customer experience faster, smarter and more efficient, and to bring government services from the 18th century into the 21st century and one way is the addition of cryptocurrency to our payment options… with the Seminole County Tax Collector’s office, we have engaged our first government agency to accept Bitcoin… by making it easy and seamless for them,” he added.
NASDAQ-powered cryptocurrency exchange to launch in June
dx.exchange, which is set to launch next month, is the first crypto exchange powered by NASDAQ. “The advantage of this cooperation is threefold: the brand name, the technology and the regulations,” said DX Exchange CEO Daniel Skowronski.
While the first advantage is quite self-explanatory, Skowronski further explained that their technology would rely on NASDAQ’s infrastructure, such as its matching engine – used by over 70 exchanges around the world.
SAP to launch blockchain supply project
Multinational software firm SAP is expanding its work with blockchain into the supply chain space.
SAP is looking to apply the tech to agricultural supply chains by way of its Farm to Consumer initiative.
Torsten Zube, SAP’s blockchain lead said “The enhanced technology allows companies to trace the origins of food products, enter requests and offerings, and authenticate and execute transactions.”