cryptocurrency newz

[cryptocurrencynewz]

The Brazilian banking association Febraban is actively testing the Blockchain technology

Febraban is exploring the technology of blockchain.

The Brazilian banking association Febraban reported on the results of the tests that were conducted on the Corda blockchain-platform, developed by the global banking consortium R3.

Febraban moves the blockchain into banks

Febraban has been studying the potential of distributed technology since 2016, creating for this purpose a special group comprising members of the Executive Committee for Technology and Banking Automation - Banco do Brasil, Bancoob, Banrisul, Bradesco, BTG Pactual, Caixa, Citibank, Itaú Unibanco, JP Morgan, Safra, Santander, also the Brazilian central bank, CIP and B3, a new company that emerged as a result of the merger of BM & FBOVESPA and Cetip.

According to a survey conducted by Febraban last year, 65% of industry executives are studying the introduction of blockchain in finance.

According to the Federation, the first blockchain project called "Fingerprint" on the Kordo platform was tested by the Brazilian banks Itaú, Bradesco and B3.

Within the framework of the test, a database was created, which included customer names, Brazilian official identification documents (CPF and RG), age, address and telephone number with document storage.

The test showed the effectiveness of distributed technology in the banking sector,

[cryptocurrencynewz]

EOS will launch the main network in early June

EOS is ready to launch its main network , which is scheduled for June 02. After this, EOS will move from the Ethereum network to its own.

Migration will increase the speed, reduce the cost of transactions, enhance security and efficiency.Starting the main network will replace the token, which is also based on the Ethereum protocol, so EOS investors need to register their tokens on the platform by the first of June 2018, otherwise they will be frozen on the Ethereum network.

Binance and Bitfinex exchanges have already announced support for the launch of the main EOS network.

Another positive news was that the OK Blockchain Capital venture fund  intends to support the EOS ecosystem . For this purpose, the fund has prepared $ 100 million. Investments will be directed to the development of projects built on the EOS blockhouse.

OK Blockchain Capital is the investment arm of the OK Group Group of Companies, which, among other assets, owns the OKCoin crypto-exchange.

Recall that EOS is a block architecture that will allow creating vertically and horizontally scalable decentralized applications. The software allows identification, asynchronous communication, deferred applications, open accounts, create databases. All this will become available due to millions of transactions per second, low network commissions and simplified application creation.