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The price of gold and silver is rising in the face of a sharp economic downturn. Swiss company AgAu has chosen this moment to announce a precious metal-backed stablecoin onto the blockchain. It aims to provide better access to gold and silver and an alternative to bank-printed money.
Stablecoins are very much in vogue, especially after the launch of Facebook’s Libra project in Geneva last year. This type of digital cryptocurrency is backed by regular money or commodities that better control price fluctuations than bitcoin, whose value depends exclusively on the level of demand.

AgAu says it will store physical gold and silver in Switzerland and sell customers its tokens – each one a digital contract that grants the bearer direct ownership rights to a gram of either precious metal. The tokens would be freely traded with transactions validated and recorded on the Ethereum blockchain.

Read more: https://www.swissinfo.ch/eng/precious-metal-stablecoin-plugs-into-gold-frenzy/45903284

MY all time favorite Crypto person: Anthony Pompliano, AKA Pomp with a new podacst

"No single person or organization gets to choose who gets amplified and who gets silenced. The power of choice was striped from the user and is now being monopolized by the platform creators."

Must listen: https://pomp.substack.com/p/decentralization-is-a-necessity-now

Our instant crypto payment platform is present in over 1300 locations worldwide and growing fast, changing the way people use crypto in real life.

Honoured to be listed next to companies like Binance, Monero, and Ripple among other prominent blockchain companies.

"Eligma helps bricks-and-mortar and online stores to accept cryptocurrencies by producing communication standards for crypto payment networks. Their cryptocurrency payment infrastructure allows merchants all over the world to accept crypto."

https://cryptoweekly.co/250

https://www.linkedin.com/company/eligma/

With over 1000 locations accepting cryptopayments in Slovenia, paying with crypto has never been simpler. Check out how GoCrypto made the news again.

https://insidebitcoins.com/news/cryptocurrency-adoption-has-increased-in-slovenia

The number of physical locations in various countries that accept crypto payments through GoCrypto is steadily increasing and making crypto a mainstream payment option.

However, the efforts that Eligma has been putting into its products and into expanding the GoCrypto payment scheme worldwide have not only had a practical impact. We are also happy to report that our solutions and performance have also been noticed by our peers and the professional public. The result is two award nominations this month — less than 10 days apart!

....

https://medium.com/eligma-blog/reshaping-the-world-of-payments-two-award-nominations-for-eligma-525286073b36

Keeping the blockchain industry at the forefront! To help grow the blockchain presence internationally, we became one of the founding partners of the Ticino Blockchain Technologies Association.
https://cointelegraph.com/news/swiss-blockchain-group-formed-to-encourage-new-blockchain-companies

Main Incubator is looking for skilled individuals to join their team!

Do you have what it takes?

Check out their open positions in the link: https://main-incubator.com/ueber-uns/

https://www.linkedin.com/company/frankfurt-school-blockchain-center/

Metaco SA, an infrastructure provider for financial institutions entering the digital asset ecosystem, has formed a partnership with Frankfurt School Blockchain Center (FSBC) – a think tank and research center in the digital asset sector. According to a release, the partnership will see FSBC support research and development, technical infrastructure, and leverage its network to strengthen Metaco’s service offerings.

Metaco’s SILO solution is an “institutional operating system” for digital assets that has been implemented by BaFin, Finma and MAS regulated banks, exchanges, and infrastructure partners. SILO delivers a full-stack solution that is supported by a diverse range of partners from integrated core banking software partners, security solutions, compliance, and trading to tokenization.

Founded in 2017, FSBC is a research institution studying the implications of blockchain, cryptocurrency, and DLT, and claims an extensive network of industry experts including PwC, eToro, Consensys and the International Token Standardization Association (ITSA).

Seamus Donoghue, VP Sales & Business Development at Metaco said that as a leading digital asset infrastructure partner to regulated banks and exchanges, both in Germany and internationally, they see significant synergies through this new partnership to further accelerate the institutional understanding, adoption, and use of crypto assets in Germany and Europe more broadly.
Source: https://www.crowdfundinsider.com/2020/06/163180-thinktank-frankfurt-school-blockchain-center-partners-with-metaco-sa-a-digital-asset-ecosystem-firm/

Technology can be argued to be as old as man itself; various inventions like electricity, steam engines, railways, etc., have all changed the existence of man and how we view the world. However, most of these innovations have now become more of infrastructures with most governments now regulating and owning these spaces. The more recent definition of technology is one that is mostly borne from the invention of the world wide web in 1989. The internet remains one of the most important innovations of mankind and a springboard for most of the massive strides made by man in recent times. The internet opened new ways of interacting, communicating, transporting, educating, as well as other new exciting, and financially lucrative industries. Modern technology has therefore been viewed from the lens of the internet and its derivatives; today when we say products, we are mostly talking about mobile apps or software, almost every business out there has a website and many entrepreneurs are leveraging on so many forms of technology for business with most being enabled by one software or algorithm or the other. Modern technology is digital apps, software, websites, algorithms, cloud computing, artificial intelligence, machine learning, virtual reality, fin-tech, blockchain, etc. The power of the tech industry over the years cannot be over-emphasized as can be seen in the domination of the Forbes list.

Read more: https://medium.com/datadriveninvestor/why-decentralized-technology-and-cryptocurrency-is-the-future-39fe7b5529c0

​​​​What Is Chainlink? | Blockchain News

https://cryptoworldnews.us/what-is-chainlink-blockchain-news/

The Bitcoin logo will appear on the shirt sleeve of Watford FC this season, as part of an educational drive led by the innovative sports betting brand Sportsbet.io.

The logo is part of a wider campaign to improve awareness around Bitcoin and educate the public on the benefits of using cryptocurrencies.

It is led by Watford FC’s primary shirt sponsor, Sportsbet.io, which announced a landmark deal with the Hornets team in June.

Justin Le Brocque, Head of Marketing at Sportsbet.io, said: “The crypto community have been hugely supportive of us since we began, so putting the Bitcoin logo on the sleeve felt like a fun way to give something back while also showing them our support.”

The sponsorship will be crowd-funded, allowing anyone who holds Bitcoin the exclusive opportunity to share in the perks granted to Watford FC sponsors. Contributors can bid for public LED space shown live during matches, use of the Bitcoin box for eight people and exclusive Watford FC merchandise.

Read more: https://www.watfordfc.com/club/bitcoin-confirmed-new-sleeve-partner

Sacramento Kings launched a blockchain-based app that allows fans to bid on game-worn gear. The NBA is at the forefront of crypto adoption.

The Sacramento Kings launched a blockchain-powered app that allows fans to bid on game-worn gear.
NBA is at the forefront of crypto adoption in professional sports.
The Kings must start winning big games to help raise awareness of the potential of blockchain technology.
Many people think that cryptocurrencies only serve as an alternative payment option. While there are coins that fit this bill, there are other cryptocurrencies that can perform a host of other functions.

I laud the efforts of one NBA team to help raise awareness on the potential of blockchain technology. The Sacramento Kings, in partnership with Consensys and Treum, launched a blockchain-powered platform that enables fans to purchase authentic in-game gear.

Kings Fans Can Now Bid On Game-Worn Sports Gear
During home games, Kings fans can participate in a live auction of game-worn gear through the award-winning + Golden 1 Center app. On Tuesday, the game-worn jersey of Kings guard Buddy Hield was auctioned off.
By using the blockchain-powered platform, all auctioned items will be authenticated. According to a Reddit user, a digital token will be minted once an item is sold. The buyer will receive the token in an Ethereum wallet. The token will serve as proof of the item’s authenticity.

Another advantage of using blockchain technology is that buyers can establish a trail of the item’s purchase history. Should the auction winner decide to sell the game-worn gear, the person can show the token to prove ownership and transfer it to the buyer. The process is designed to protect fans from counterfeit memorabilia.

NBA Is Spearheading Crypto Adoption In Professional Sports
The NBA can be considered an early adopter of crypto. In 2014, the Sacramento Kings became the first NBA franchise to accept bitcoin as payment for store products and season tickets. Four years later, the same team began mining Ethereum.

Recently, Nets guard Spencer Dinwiddie tokenized his contract to get a lump sum payment and reward token holders. Now, the Kings are once again ahead of the curve in combating fake NBA merchandise.

Setting up Crypto-Potential's Infrastructure to scale.

Over the last few months, our dev. team has been building something to better the way people can connect and network in the blockchain world.

Below you can find the complete list of changes, upgrades, and features made for greater scalability and improved user experience.

- "Stick it !" feature added. Stick a post that you like to your profile
- redesigned profile page, now more user-friendly
- create post page has been redesigned
- picture upload for projects and providers
- keywords removed from user profile and registration (predefined keywords can now be selected)
- avatars removed, added default images for new users and users without a profile image
- added country flags on profile pictures
- profile description characters increased to 1000
- followers on follower list page now show flag, description, and keywords
- rewards for following a user remains 1 QCP, the provider remains 2 QCP and project changed to 2 QCP (down from 3)
- added "relevant 3 posts" to the "latest updates panel" to every page besides home and login page
- show "recent 3 posts" only on the wall page
- "become provider" and "become miner" removed. "Create a new company" introduced
- users can add which year they joined the blockchain space, the profile now shows "in blockchain since..."
- "miners" changed to "projects"


Want to find connections and networks in the Blockchain? Build your blockchain identity: https://crypto-potential.com/registration

Proud of a recent accomplishment? Make a post and share: https://crypto-potential.com/