Cryptocurrency

Criptonoticias of the week: implement blockchain in bank of Ecuador

Key facts:

This 20 February, the network of Cardano changed its algorithm of consensus.After disconnecting your network, IOTA launches the updated version of the wallet Trinity.Among the information most notable this week is the ecosystem of Ecuador, where the Bank of Guayaquil joined a platform blockchain with the objective of providing more facilities to the customers, creating a sales network and a single source of digital information.This week, bitcoin (BTC) registered a decline in its price. Then stand above the USD 10,000 between the 18 and the 19 of February, the criptomoneda again around $ 9,000. At the time of writing this article, BTC is priced in USD 9.906, as was reflected in the market price of Latin america and Spain, according to the price calculator of Breaking News.With Breaking News, interested parties can keep up to date on changes in the market prices of bitcoin, ether, bitcoin cash and litecoin, with relation to your local currency. To do this, you can visit the section of the Market is Latin, which has a pricing calculator to perform conversions quickly and easily to your national currency.

These are the news highlights:

The Bank of Guayaquil in Ecuador joined a blockchain IBM for the registration of customer data and companies under its loyalty program, which awards miles or points for every dollar of consumption, which once accumulated, can be redeemed for travel, awards, bonuses, or other compensation.The 20 of February the network of Cardano changed automatically its algorithm of consensus. The update Ouroboros BFT is the new proof of stake (PoS) to create and validate a block of transactions in the blockchain. With this, it leaves behind a stage known as Byron and prepares to inaugurate another call Shelley.The former Central Bank of Argentina(BCRA), Martin Redrado proposed the creation of a weight digital that emulates the projects of cryptocurrencies made in other countries. The proposal received different reactions among bitcoiners from argentina. Users tuitearon under the label “hold the cash” in rejection of the idea, seen as a mechanism of control.The Foundation IOTA is preparing to resume its activities, after disconnecting the network after the hacking of the wallet Trinity. The updated version of the wallet was released this Monday, 17 February, although the network continues, suspended. Users will have to follow a three-step plan to ensure their tokens to new attacks.Attacking computer has been hacked “When did you arrive?”, a follow-up system to the units of public transport in Rosario, one of the most important cities of Argentina, located between the capital, Buenos Aires, and Córdoba. The attack consisted of the encryption of the database of the company that provides the service. For the system to work again, the attackers asked for a ransom in bitcoin.If you want to know the meaning of several words from the terminology of the criptomundo, you can reference the extensive Glossary of Breaking News.

Block genesis: the name given to the first block created and verified in a blockchain. This block marks the birth of each criptomoneda. The first of its kind block was the genesis of Bitcoin, created in January 2009 by Satoshi Nakamoto.

Criptotutorial of the week:

Uphold is a platform that is simple and user friendly that allows the exchange of national currencies by cryptocurrencies or precious metals, and vice versa. Their popularity has been on the rise and already allows operations in more than 160 countries. Users can also make withdrawals in domestic banks in local currency.

Podcast of the week

Solange Gueiros is a developer for Ethereum, award-winning speaker at multiple events around the globe, teacher and the first woman to publish a contract clever in the mainnet of Ethereum in Brazil. He tells us the flats of one of the largest markets in America and their hopes for the future.