IoT Chain ITC

$0.1514
Market Cap $ 10.814 MM (#257)
24h Volume $ 1.895 MM
Chg. 24h: -1.71%
Algo. score 3.3/5  (#322)
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IoT Chain News

IoT Chain (ITC) has been listed on DragonEx. Deposit will be...

IoT Chain (ITC) has been listed on DragonEx. Deposit will be available from 17:00, Mar. 7, 2019 (UTC+8). ITC/USDT t… https://t.co/jrftwKLmt1

17 days ago

Fmr. Apple Chipmaker Qualcomm Wants US Regulators to Ban Specific iPhone Models

The tensions and bad blood between Apple and Qualcomm have just been driven a notch higher. According to Reuters, Qualcomm now wants trade regulators in the U.S. to ban the sale of some iPhones in the country. Specifically, Qualcomm wants those iPhones equipped with modems made by its rival Intel taken off shelves. With the move, Qualcomm is seeking to overturn an International Trade Commission (ITC) ruling delivered last year in September. Then, the ITC concluded that some of Qualcomm’s patents had been violated by Apple. No Ban on iPhones in the U.S. Despite violation of Qualcomm’s Intellectual Property However, the The post Fmr. Apple Chipmaker Qualcomm Wants US Regulators to Ban Specific iPhone Models appeared first on CCN

a month ago

Fmr. Apple Chipmaker Qualcomm Wants US Regulators to Ban Select iPhones

The tensions and bad blood between Apple and Qualcomm have just been driven a notch higher. According to Reuters, Qualcomm now wants trade regulators in the U.S. to ban the sale of some iPhones in the country. Specifically, Qualcomm wants those iPhones equipped with modems made by its rival Intel taken off shelves. With the move, Qualcomm is seeking to overturn an International Trade Commission (ITC) ruling delivered last year in September. Then, the ITC concluded that some of Qualcomm’s patents had been violated by Apple. No Ban on iPhones in the U.S. Despite violation of Qualcomm’s Intellectual Property However, the The post Fmr. Apple Chipmaker Qualcomm Wants US Regulators to Ban Select iPhones appeared first on CCN

a month ago

Trade ITC on KuCoin 2.0 @kucoincom Zero trading fees for IT...

Trade ITC on KuCoin 2.0 @kucoincom Zero trading fees for ITC, expiring at 23:59:59 Feb 21, 2019 (UTC+8) #KuCoinV2… https://t.co/BwUp61cLlF

a month ago

Bitmex Report: ICOs Allocated $24.2 Billion in Tokens to Themselves

The team at Bitmex Research has collaborated with TokenAnalyst to take a thorough look at the treasure balances of several individual ICOs on the Ethereum network. The two teams released a report that showed that ICO teams allocated $24.2 Billion worth of tokens to themselves. $80 Billion in Peak Value The Bitmex and TokenAnalyst report goes on to state that this figure has fallen to $5 Billion due to current market conditions. There is also an additional $1.5 Billion of token transfers that has happened away from the ETH addresses of these teams. The report speculates that these tokens were ‘disposed’ of. Also noted by the report is that these tokens would have a $80 Billion valuation using the peak value of each digital asset. $5 Billion From Nothing According to the report, the $5 Billion current valuation of tokens being owned by teams of these ICOs, can be considered as being got from nothing. Based on current illiquid spot prices, the ICO teams still appear to own around US$5 billion of their own tokens, money they essentially got from nothing, depending on ones view. At the same time the teams may have realized gains of US$1.5 billion by selling tokens, based on coins leaving team address clusters. Although this figure may also be an overestimate, as coins could have left the team address cluster for a variety of reasons. Notable ICOs Mentioned in the Report The report went on to highlight the token allocation for the teams of several ICOs. They include Veritaseum (VERI), SingularityNet (AGI), Polymath (POLY), Kin (KIN), Dent (DENT), Gnosis (GNO), Maker (MKR), Telcoin (TEL), IoT Chain (ITC) and QASH. What are your thoughts on the research by Bitmex indicating that ICOs allocated $24 Billion worth of tokens to themselves? Please let us know in the comment section below. [Image courtesy of Shutterstock] Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you. The post Bitmex Report: ICOs Allocated $24.2 Billion in Tokens to Themselves appeared first on Ethereum World News.

2 months ago

ITC Wallet As a blockchain digital wallet, we are unique! ...

ITC Wallet As a blockchain digital wallet, we are unique! https://t.co/AM5nzClHvI https://t.co/QPc7pCpBNk

2 months ago

Ripple Signs Up 13 New Companies Scoring 200 Customers Worldwide

CoinSpeaker Ripple Signs Up 13 New Companies Scoring 200 Customers Worldwide Ripple, San Fransico based provider of leading enterprise blockchain solutions for payments, has announced that now 200 global customers are signed up for RippleNet. 200+ financial institutions are leveraging RippleNet to make international payments faster, lower cost and more transparent. Learn more about our newest RippleNet customers here: https://t.co/scORZ41ngS — Ripple (@Ripple) January 8, 2019 In a blog post, the company stated that 13 financial companies had already signed up for Ripple’s payment technology, RippleNet. Among them are Euro Exim Bank, JNFX, SendFriend, Transpaygo, FTCS, Ahli Bank of Kuwait, BFC, ConnectPay, Bahrain, WorldCom Finance, Pontual/USEND, Olympia Trust Company, and Rendimento. Kaushik Punjani, Director at Euro Exim Bank, commented: “As a leader in trade finance solutions for global corporates and fintechs, we are uniquely placed to offer new payment channels and ways to source liquidity. Our customers—whether big corporates or individual remitters—have historically been restricted from obtaining suitable funds or settling transactions in a cost-efficient and timely manner. Working collaboratively with Ripple and selected counterparts, we have designed, tested and are implementing both xCurrent and xRapid in record time, and we look forward to the benefits these will bring our customers.” As a result, Euro Exim Bank, along with JNFX, SendFriend, Transpaygo, and FTCS will use the digital asset XRP for liquidity when sending a cross-border payment, which helps financial institutions avoid the hassle of pre-funding accounts in destination currencies, allowing them to make faster, lower cost payments than they can through the traditional correspondent banking system. David Lighton, the founder of SendFriend, said: “The existing correspondent banking system is slow, inefficient and costly. SendFriend was founded at MIT with the belief that there must be a better way to send payments. We are excited to partner with Ripple to do just that. Through our partnership, we are bringing our customers a next-generation, blockchain payment solution that leverages XRP to address many of the efficiency and equity problems with existing remittances. For them, that means cheaper and faster payments.” Other institutions that have recently joined RippleNet, like CIMB or Olympia Trust Company, will use Ripple technology for immediate settlement and more transparency payments. Currently, RippleNet operates in over 40 countries across six continents. According to Ripple’s CEO Brad Garlinghouse, RippleNet is seeing two or three new customers join each week since last year. He said: “In 2018, nearly 100 financial institutions joined RippleNet, and we’re now signing two—sometimes three—new customers per week. We also saw a 350 percent increase last year in customers sending live payments, and we’re beginning to see more customers flip the switch and leverage XRP for on-demand liquidity. At the end of the day, our goal is to make sure our customers can provide excellent, efficient cross-border payments experiences for their customers, wherever they are in the world.” A number of other companies have already started using xRapid, which uses the XRP cryptocurrency, for international payments. Among them are MercuryFX, Cuallix, and Catalyst Corporate Credit Union. Back in June 2018, Ripple’s CEO predicted that major banks would use xRapid as a liquidity tool, and his prediction seems to be true. London-based Euro Exim Bank, which focuses on providing financial services for export and import companies, will become the first bank to publicly announce using the XRP cryptocurrency for cross-border payments. SWIFT vs RIPPLE Since Ripple has started gaining traction, it can not remain unnoticed by companies providing the same services. The Society for Worldwide Interbank Financial Telecommunication (SWIFT), the global provider of secure financial messaging services, is considered as Ripple’s major competitor. The two companies are set to face off in Germany at the ITC conference that will take place in February. The companies will be represented by their global heads of banking - that’s Marjan Delatinne for Ripple and Wim Raymaekers for SWIFT. The debate will be mainly centered on each company’s perception of what the future looks like. Just for a reminder, Ripple’s CEO Brad Garlinghouse recently dismissed all the rumors around Ripple-Swift potential partnership, highlighting: “What we’re doing and executing on a day-by-day basis is, in fact, taking over SWIFT.” To learn more about XRP coin, Ripple company and their innovative solutions, please check out our awesome guide. Ripple Signs Up 13 New Companies Scoring 200 Customers Worldwide

2 months ago

Hitting Milestones: Ripple Just Exceeded 200 Customers

The fans of the popular global blockchain company Ripple have more cause for celebration as the company bags 13 more customers to bring its customer base to just over 200. These include SendFriend, JNFX, Euro Exim Bank, WorldCom Finance, Pontual/USEND, Ahli Bank of Kuwait, BFC Bahrain, GMT, Transpyago, Olympia Trust Company, ConnectPay, FTCS, and Rendimento. The 13 will be joining the already famed RippleNet. Social Media Is Burning Up The news of Ripple’s new milestone hasn’t gone unnoticed in the crypto world, especially given that its native cryptocurrency, XRP, is one of the top coins in the industry. Crypto enthusiasts have taken to social media especially on Reddit to voice their opinions about the new development. Generally, most of the fans are glad that this happened, with some even commending the company for its efforts in fostering the global expansion of its ecosystem. One commenter quoted Brad’s earlier statement expressing his optimism that the company was finally growing more attractive to customers who want to send live payments. According to the comment, Brad mentioned that Ripple saw a 350% growth over the last year in the number of customers coming in, with close to 100 financial institutions joining RippleNet. This is even made better by the fact that some of the banks joining RippleNet are also interested in using XRP as the base currency for cross-border funds transfer. Customers To Use XRP Ripple’s new customers come from various regions across the world, including Kuwait, England, and Sweden. Currently, the company has loyal customers from over 40 countries globally. According to Ripple’s recent blog post, 5 of the new customers will use XRP to boost liquidity when sending payments. The five include Euro Exim Bank, JNFX, Transpaygo, SendFriend, and FTCS. According to the blog, the use of XRP as the base currency in cross-border funds transfer not only solves the problem of liquidity but it’s also more cost-effective as the charges are minimal. It’s also faster as compared to the existing traditional banking systems. What’s The Impact? This development comes just as Ripple is set to face-off against SWIFT at the upcoming ITC conference to be hosted in Germany. The subject of the debate will be focused on the companies’ opinion and approach to developing the future of the banking industry. Ripple’s CEO has been quoted as saying that the company is in no way looking to partner with SWIFT, but to take over. The current events support that notion in the sense that financial institutions are now ditching SWIFT in favor of Ripple’s ecosystem. The post Hitting Milestones: Ripple Just Exceeded 200 Customers appeared first on ZyCrypto.

2 months ago

RippleNet Signs Up 13 New Companies Scoring 200 Customers Worldwide

CoinSpeaker RippleNet Signs Up 13 New Companies Scoring 200 Customers Worldwide Ripple, San Fransico based provider of leading enterprise blockchain solutions for payments, has announced that now 200 global customers are signed up for RippleNet. 200+ financial institutions are leveraging RippleNet to make international payments faster, lower cost and more transparent. Learn more about our newest RippleNet customers here: https://t.co/scORZ41ngS — Ripple (@Ripple) January 8, 2019 In a blog post, the company stated that 13 financial companies had already signed up for Ripple’s payment technology, RippleNet. Among them are Euro Exim Bank, JNFX, SendFriend, Transpaygo, FTCS, Ahli Bank of Kuwait, BFC, ConnectPay, Bahrain, WorldCom Finance, Pontual/USEND, Olympia Trust Company, and Rendimento. Kaushik Punjani, Director at Euro Exim Bank, commented: “As a leader in trade finance solutions for global corporates and fintechs, we are uniquely placed to offer new payment channels and ways to source liquidity. Our customers—whether big corporates or individual remitters—have historically been restricted from obtaining suitable funds or settling transactions in a cost-efficient and timely manner. Working collaboratively with Ripple and selected counterparts, we have designed, tested and are implementing both xCurrent and xRapid in record time, and we look forward to the benefits these will bring our customers.” As a result, Euro Exim Bank, along with JNFX, SendFriend, Transpaygo, and FTCS will use the digital asset XRP for liquidity when sending a cross-border payment, which helps financial institutions avoid the hassle of pre-funding accounts in destination currencies, allowing them to make faster, lower cost payments than they can through the traditional correspondent banking system. David Lighton, the founder of SendFriend, said: “The existing correspondent banking system is slow, inefficient and costly. SendFriend was founded at MIT with the belief that there must be a better way to send payments. We are excited to partner with Ripple to do just that. Through our partnership, we are bringing our customers a next-generation, blockchain payment solution that leverages XRP to address many of the efficiency and equity problems with existing remittances. For them, that means cheaper and faster payments.” Other institutions that have recently joined RippleNet, like CIMB or Olympia Trust Company, will use Ripple technology for immediate settlement and more transparency payments. Currently, RippleNet operates in over 40 countries across six continents. According to Ripple’s CEO Brad Garlinghouse, RippleNet is seeing two or three new customers join each week since last year. He said: “In 2018, nearly 100 financial institutions joined RippleNet, and we’re now signing two—sometimes three—new customers per week. We also saw a 350 percent increase last year in customers sending live payments, and we’re beginning to see more customers flip the switch and leverage XRP for on-demand liquidity. At the end of the day, our goal is to make sure our customers can provide excellent, efficient cross-border payments experiences for their customers, wherever they are in the world.” A number of other companies have already started using xRapid, which uses the XRP cryptocurrency, for international payments. Among them are MercuryFX, Cuallix, and Catalyst Corporate Credit Union. Back in June 2018, Ripple’s CEO predicted that major banks would use xRapid as a liquidity tool, and his prediction seems to be true. London-based Euro Exim Bank, which focuses on providing financial services for export and import companies, will become the first bank to publicly announce using the XRP cryptocurrency for cross-border payments. SWIFT vs RIPPLE Since Ripple has started gaining traction, it can not remain unnoticed by companies providing the same services. The Society for Worldwide Interbank Financial Telecommunication (SWIFT), the global provider of secure financial messaging services, is considered as Ripple’s major competitor. The two companies are set to face off in Germany at the ITC conference that will take place in February. The companies will be represented by their global heads of banking - that’s Marjan Delatinne for Ripple and Wim Raymaekers for SWIFT. The debate will be mainly centered on each company’s perception of what the future looks like. Just for a reminder, Ripple’s CEO Brad Garlinghouse recently dismissed all the rumors around Ripple-Swift potential partnership, highlighting: “What we’re doing and executing on a day-by-day basis is, in fact, taking over SWIFT.” To learn more about XRP coin, Ripple company and their innovative solutions, please check out our awesome guide. RippleNet Signs Up 13 New Companies Scoring 200 Customers Worldwide

2 months ago

ITC attended an IoT blockchain applications meetup in Taiwan...

ITC attended an IoT blockchain applications meetup in Taiwan @rain_Peter $ITC #IoTChain #Blockchain #IoT #DAG… https://t.co/M4D6zzMPbH

6 months ago

Upload your own creative variation of the ITC logo to your s...

Upload your own creative variation of the ITC logo to your social media accounts and tag IoT Chain and be in the ru… https://t.co/JbrsELGn99

6 months ago

On Aug 21st, the ITC team held a live AMA on YouTube and ans...

On Aug 21st, the ITC team held a live AMA on YouTube and answered top questions from the community. For those who m… https://t.co/Bnm1pJmocz

7 months ago


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