Blockchain News 13.07.2018

OKCoin exchange launches fiat to crypto trading in US

Cryptocurrency exchange OKCoin has launched a branch in the US market offering trading services between US dollars and several major cryptocurrencies.

For the new offshoot, the company filed a money service business (MSB) registration with the US Financial Crimes Enforcement Network (FinCEN) in November 2017.

However, OKCoin states on its website that the fiat-to-crypto trading service is currently limited to investors in California.

The Fujitsu service will determine if your blockchain project is successful – all in just 5 days

Creating a transaction record for blockchain projects is a process that usually takes a long time. However, Fujitsu has launched a new platform that allows companies to see if their distributed ledger plans will deliver commercial benefits in just five days.

Described as an “extremely fast blockchain product framework for customers seeking or refining digital transformation projects based on distributed ledger technologies,” the platform reduces the time and cost of both new development and the optimization of existing blockchain projects.

The proof of business framework begins with a one-week consultation, during which Fujitsu provides proof of business operations before moving on to the proof of concept.

According to Fujitsu, the service is designed to identify and eliminate the most common barriers to successful blockchain development and implementation before they become a problem. Frederik de Breuck, Head of Blockchain Innovation at Fujitsu, said the new protocol would allow companies to be more adventurous in their work with Blockchain.

“Blockchain and other DLTs have the potential to transform businesses and entire industries, and, inspired by the interest of our customers, we have created this ready-to-go package to not only drive customers’ blockchain efforts, but also reviewing and improving existing projects, and we expect this assessment to have a direct impact on the entire EMEA region in order to tap blockchains potential for business use cases, “said de Breuck.

Fujitsu is one of the most proactive technology companies in blockchain and distributed ledger technology.

The company already holds over 50 Blockchain patents and is an influential member of the Hyperledger Consortium, an open source project comprised of over 100 companies working together to develop common standards for the commercial blockchain ecosystem.

The company hopes to further consolidate its role in upgrading Distributed Ledger technologies with the launch of its latest enterprise blockchain offering.

According to Fujitsu, the “five-day rapid implementation product program” starts at 9900 euros, which is about 11,600 dollars.

Kraken Daily Market Report for 12.07.2018


$89.7M traded across all markets today

Blockchain News 13.07.2018

One comment

  1. You actually make it seem so easy with your presentation but I find this topic to be really something which I think I would never understand. It seems too complex and very broad for me. I am looking forward for your next post, I will try to get the hang of it!

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