Kategorie: Bitcoin

5 parameters that prove that DeFi is more in demand than ever

As the cryptocurrency market has surpassed $ 2 trillion in market capitalization, DeFi products are experiencing record usage.

Additionally, although Bitcoin led the market rally, DeFi tokens such as AAVE and SUSHI were the first to break records.

Here are 5 indicators of unprecedented demand for decentralized finance

The cryptocurrency market surpassed $ 2 trillion in total market cap last week, after hitting record highs across the board. If BTC and ETH led the latest offensive, decentralized finance tokens (DeFi) did indeed trigger it. BeInCrypto takes a look at five metrics that suggest demand for DeFi is at an all time high.

1. Total Locked Value (TVL)

February 22, earlier this week the TVL for all projects of DeFi in the field of cryptomonnaie and blockchains reached a record high of 43.15 billion dollars .

Since the start of the year alone, TVL in the DeFi sector has grown by almost 200%, after starting 2021 at around $ 15 billion.

This rise illustrates the market demand for DeFi tokens, as well as the demand for products that can be staked (known as staking), such as Yearn Finance vaults.

Indeed, the three main DeFi projects in terms of TVL, MKR (Maker), Aave (AAVE) and Compound (COMP), are all loan products in which people participating in the staking can earn interest.

TVL is a measure of the value of all assets staked in a DeFi project

2. Ethereum gas charges

The gas cost per transaction of Ethereum (ETH) have also set records in response to the growth of trade using decentralized platforms (DEX) based on the ETH network.

On February 23, the average price of gas (GAS) reached 373.8 Gwei , the highest level since last September. The cost of transactions on the ETH network thus exceeded 40 dollars on average.

As a result, ETH network-based DEXs such as Uniswap ( UNI ) and SushiSwap (SUSHI) saw their swap prices reach $ 100 per trade. While these high fees are a source of frustration for DEX users, they also reflect the strong demand for the use of decentralized exchanges, with users charging increasingly higher fees to minors to ensure their transactions are processed.

3. Growing number of DEX

According to DeFi Pulse, there are now at least 18 DEX with significant trading volume. However, these numbers only take into account DEX based on ETH.

Recently, several other DEXs have emerged or become popular in response to ETH’s high gas charges. These include DEX such as Serum (SRM) and PancakeSwap ( CAKE ).

Both Serum and PancakeSwap are non-Ethereum-based DEXs, the former using Solana (SOL) and the latter Binance Smart Chain (BSC). These two DeFi platforms benefit from significantly lower fees than Ethereum.

4. DEX transactions are at an all time high

According to the latest data, the total number of transactions on all DEXs tracked by Etherscan is just under 50 million.

In the last seven days alone, the largest time on record, the total number of transactions rose to 800,000, of which 98.7% were made on Uniswap v2.

Overall, Uniswap v2 holds 64% of the DEX market, with IDEX and Ether Delta coming in second and third respectively.

This record explains why gas costs have reached all-time highs, with decentralized transactions flooding the ecosystem.

5. DeFi token prices reach historic highs

Finally, although the market has fallen slightly , one cannot ignore the fact that DeFi tokens were the first in the bull market, reaching all-time highs last month.

Topping the list is AAVE , which went from $ 53 in November last year to over $ 500 last month.

The Mark Cuban-backed lending platform was the first to offer secured flash loans in the space, and it is the second-largest DeFi project behind MKR .

Launchpool permite inversiones igualitarias para todas las partes interesadas

Launchpool: sustantivo – Un grupo de participantes de la industria de la criptografía que reúnen recursos para lanzar proyectos.

Este proyecto no está afiliado de ninguna manera con Binance o Binance Launchpool

A pesar de que blockchain se creó para hacer que el sector financiero sea más inclusivo y equitativo, lo que sin duda tiene, todavía quedan algunas trampas en el ecosistema. De acuerdo con la forma en que funcionan las jerarquías, los que están en la parte superior, en este caso, los fondos de cobertura a gran escala, obtienen los mayores beneficios de su participación en proyectos de criptomonedas en detrimento de otras partes. Al poner grandes cantidades de capital para financiar parcialmente un proyecto, los fondos de inversión obtienen las recompensas principales, mientras que los futuros interesados ​​en el ecosistema tienen que conformarse con tasas significativamente peores.

Este modelo financiero se está volcando de cabeza por un nuevo proyecto descentralizado basado en el libro mayor, Launchpool, que permite a todas las partes interesadas en un ecosistema obtener activos a tasas iguales. Launchpool utiliza su comunidad diversa y su criptomoneda nativa, LPT, para ofrecer fondos de inversión, comerciantes y nuevas opciones de proyectos de criptomonedas que nunca antes habían sido accesibles. Con el inminente lanzamiento de Launchpool listo para realizarse, el espacio inversor tendrá que hacer algunas reflexiones internas para ver cómo podrá competir.

Incentivar de forma única a cada parte interesada

Launchpool ha desarrollado una forma de incentivar a todos los involucrados en el proyecto para que todas las partes interesadas puedan sentirse igualmente valoradas. Esto se divide en tres segmentos distintos: inversores, fondos de inversión y proyectos. Los inversores se benefician al mantener Bitcoin Profit, lo que les da acceso a nuevas ofertas de proyectos de fondos de inversión al mismo precio que la empresa. Los usuarios pueden beneficiarse de una participación comunitaria más temprana, un mejor precio de adquisición y la oportunidad de sentirse como un contribuyente más valioso al proyecto.

Los nuevos proyectos de criptomonedas se benefician principalmente de dos maneras: obteniendo acceso a una comunidad grande y activa y aumentando el capital disponible. La comunidad de Launchpool incluye algunos de los nombres más importantes del sector blockchain; los nuevos proyectos pueden apalancarse mediante la asociación y la comunicación entre los contribuyentes de primer nivel. La comunidad de Launchpool también está incentivada a convertirse en parte de la comunidad del proyecto, iniciando la fase de lanzamiento de los proyectos.

La última pieza del rompecabezas son los fondos de inversión, que tradicionalmente tienen más que ganar con el uso del sistema heredado. Además de la oportunidad de ayudar fundamentalmente a aquellos involucrados dentro del espacio de las criptomonedas, los fondos de cobertura pueden usar la red Launchpool para hacer crecer sus inversiones y acceder a más proyectos de alta calidad. Al igual que enfrentarse a miles de nuevos comercializadores, administradores y promotores de redes sociales, los fondos de cobertura pueden usar la comunidad en la que permiten invertir para convertirse en evangélicos incondicionales para el proyecto, promoviendo en todos los rincones y recovecos con los que los fondos de cobertura no tienen una experiencia íntima. También obtienen una visión personal de los pensamientos de los usuarios y la información sobre el proyecto, aprovechando el conocimiento colectivo de la multitud.

Launchpool es una plataforma nueva e innovadora que ya ha atraído asociaciones con algunos de los fondos de inversión centrados en criptomonedas más destacados del mercado. Los beneficios que puede ofrecer a nuevos proyectos, inversores y fondos seguramente entusiasmarán a cualquier persona con experiencia en comercio, capital de riesgo o gestión de inversiones.

Bullish for Crypto: Bitfinex Closes Tether Loans Early With $ 550 Million Payment

Bitfinex, one of the oldest crypto trading platforms, has repaid a loan from sister company Tether (USDT).

Bitfinex announced on its website on Feb. 5 that it has closed the books on its loan from Tether. $ 550 million in Fiat have been transferred to Tether’s account.

This means that all interest due is settled. After the payment, the credit line was „canceled“ by Tether.

End of a curious saga

The repayment closes a long chapter in the history of cryptocurrencies. Bitcoin Loophole is one of the oldest exchanges for cryptocurrencies such as Bitcoin (To buy Bitcoin cheap guide ) on the market. It was founded in 2012 and quickly made a name for itself in the young industry.

Tether’s USDT, one of the oldest stablecoins, emerged from a white paper in 2012. USDT finally went public in January 2015, on Bitfinex.

The two companies share the same management. As a result, the relationship between the companies has been called into question.

This problem came to a head in April 2019 when an audit found that Tether’s USDT stablecoin was not 100% fiat backed, as Tether claimed. Tether admitted it loaned $ 850 million to Bitfinex to cover losses from the theft by Crypto Capital.

Unfortunately for iFinex, management lost more than just mood. The New York Attorney General brought charges against iFinex for hiding the loan.

In response, Bitfinex spent the next year and a half very publicly making payments to Tether.

Then there is the KuCoin incident

In September 2020, hackers stole more than $ 20 million in USDT from the KuCoin exchange. Other exchanges then froze tens of millions of dollars worth of tether at several addresses linked to the attack.

Bitfinex alone froze USD 13 million on EOS.

What followed was an outcry from crypto enthusiasts who distrust the centralized power of the exchanges. Bitfinex CTO Paolo Ardoino, however, pointed out the responsibility that a stablecoin company „has towards users, regulators and law enforcement agencies.“ The coins were then exchanged.

Warm feelings for Bitfinex

The crypto community commented on the repayment. Twitter user Gabor Gurbacs, for example, wrote about something that had been heard many times about Bitfinex’s efforts.

Bitcoin mindre risikabelt, når prisen stiger, siger Bill Miller

KORT OM

  • Bitcoin-tyr Bill Miller siger, at bitcoin bliver sikrere, jo højere prisen går.
  • Bitcoin vil handle på en bestemt måde, fordi det er tidligt i sin vedtagelsescyklus.
  • Banker kan købe, sælge og opbevare BTC i forvaring, men store banker er ikke begyndt at gøre det.

Den berømte investor Bill Miller fortalte CNBC, at i modsætning til de fleste aktier reducerer Bitcoins højere pris risikoen.

I et interview på CNBC.com-showet The Exchange forklarede CEO og Chief Investment Officer for Miller Value Partners, arten af ​​Bitcoins risikoprofil.

Hvordan kan det være?

Miller, der er berømt for sin S & P-slående rekord, pegede på nogle få faktorer til at bakke op på sin erklæring. Især erklærede han, at bitcoin stadig er i begyndelsen af ​​dets vedtagelsescyklus. Med andre ord er der stadig flere mennesker og institutioner, der begynder at investere i aktivet.

Han bemærkede, at selvom banker har tilladelse fra regulatorerne til at købe og opbevare BTC, gør ingen af ​​dem det. Han sagde, at de holdes tilbage, fordi de er „bekymrede“.

Desuden er der udbud og efterspørgsel. Institutionelle investorer kommer på markedet og foretager store køb. ”Så længe det opnås,” sagde han, vil bitcoin sandsynligvis gå højere.

Kontanter er en rotte?

CNBC pegede på Millers seneste investornyhedsbrev for noget usædvanligt humor. Miller henviste til Warren Buffets berømte mærkning af bitcoin som ‚rottegift‘. ”Han kan godt have ret,” svarede Miller. „Bitcoin kunne være rottegift, og rotte kunne være kontant.“

Jager bitcoin-cyklussen

Miller reflekterede også over spørgsmålet om ‚at vente på tilbagetrækningen‘. Med andre ord, når BTC flytter ind i ukendt territorium, ville det være fornuftigt at vente, indtil cyklussen falder?
Problemet med denne tænkning, siger han, er at bunden allerede opstod. „Du kunne have købt bitcoin til $ 4.000 i første kvartal [2020].“

Desuden har folk, der ser efter bunden, en tendens til at gå glip af. De forventer, at prisen fortsætter med at falde, selv efter at den begynder at stige. Så når det stiger, spørger de, om de skal købe det. I det væsentlige jagter de markedet.

Hvor næste for BTC?

Miller gav ikke en forudsigelse for bitcoins pris under interviewet. Hvad han gjorde gentagne gange var fokus på det faktum, at bitcoin er tidligt i sin adoptionscyklus.

Fordi bitcoin er på dette tidlige tidspunkt, kan nogle ting forventes. Miller pegede på det faktum, at bitcoin bevæger sig i spring. Disse spring efterfølges af dyk på op til 80%, bemærkede han. Bitcoin har gjort dette to gange, bemærkede han. Men han gentog også – dette er naturligt for et aktiv på dette stadium af dets investeringslevetid.

Binance enables support for SegWit in Bitcoin repositories as adoption grows

Binance traders can now deposit and withdraw to SegWit (bech32) addresses.

Binance, one of the world’s largest volume exchanges of crypto currencies, has incorporated support for Segregated Witness, or SegWit, for Bitcoin deposits (BTC).

Binance Korea will stop trading due to low trading volume

SegWit support was extended to the warehouses on Christmas Eve, Binance said in an official statement. The protocol update was initially enabled for withdrawals only.

Effective immediately, Binance users can transfer funds to a SegWit (bech32) address by selecting the BTC network (SegWit). Binance explained:

„Please note that SegWit should help reduce fees; however, if you incorrectly send incompatible assets to the address, your funds will not be recoverable and will result in a permanent loss.

Kraken announces Lightning Network integrations for 2021

Implemented in 2017, SegWit is an update of the Bitcoin protocol designed to help scale the network and correct associated errors. SegWit is known for the way it updates the data in the block chain, i.e., separating signatures from data and transactions. This protocol update allows more transactions to be stored in a single block, thus increasing transaction capacity.

Data from transactionfee.info shows that approximately two-thirds of Bitcoin payments currently use SegWit. Although Bitcoin has emerged as a monetary instrument for storing value, it still faces scalability limitations, which some say have prevented its adoption for everyday use.

Exmo hackers withdrew some of the funds stolen through Poloniex

Lightning Network has been offered as a viable layer 2 scaling solution for Bitcoin as a payment protocol. Unlike SegWit, which was a soft branch upgrade of the Bitcoin protocol, Lightning Network is an additional layer that could allow for instant transactions at lower cost.

Despite the limited transaction capacity, Bitcoin remains the de facto leader in the digital coin market. Its dominance over other cryptoactives recently reached a one-year high. At the time of writing, Bitcoin’s domain rate was 68.7%, according to CoinMarketCap.

 

Cryptoscoptic Ray Dalio described bitcoin as an „interesting“ alternative gold.

Over the last ten years, Bitcoin and other cryptovoltaic cryptovoltaic cryptovolta have proven successful and become interesting as an alternative to gold. Ray Daliano, billionaire and founder of the world’s largest hedge fund Bridgewater Associates, wrote about this at the Reddit forum.

In his communication with users, the billionaire pointed out the similarity of digital assets to gold and „means of accumulation with limited supply and mobility“. In his opinion, bitcoin can be used to diversify them.

„The main thing is to have different assets in your portfolio, including stocks, and to diversify them,“ said Dalio.

Comparing the first crypt currency with gold, the founder of Bridgewater Associates stressed that he would give preference to a reserve asset for central banks.

Earlier Daglio repeatedly criticized Bitcoin. In January 2020 he called the coin a speculative asset that is ineffective as a means of exchanging and preserving wealth.

In November, the billionaire doubted Bitcoin’s prospects and said that if successful, governments would outlaw it.

A week after this announcement, Dalio admitted that he could have been wrong about the first crypt currency.

ECB executive: Consideration phase for digital euro lasts until 2021

The decision on a digital euro could take a long time.

The financial authorities in Europe could work out an investigation plan for a digital euro as early as next year, according to a manager at the European Central Bank

Holger Neuhaus, Head of the Department for Market Innovation and Integration at the ECB, took part in the Singapore FinTech Festival 2020 on December 7th and spoke about the global development of digital central bank currencies (CBDCs).

In the online discussion, Neuhaus claimed that the ECB expects the European tax authorities to check by mid-2021 whether they want to work on a digital euro:

„In mid-2021 the euro system will examine whether a project for a digital euro should be launched. But I would like to emphasize that this would only be an investigation phase and not a decision. That would basically enable us to actually work out a plan. Then we would talk about what a digital euro could be, what it could look like, how it could be implemented and whether and when a political decision would be made. “

Neuhaus emphasized that a digital euro would only complement, not replace, cash or large customer central bank deposits. He also noted that central bank digital currencies would pose major challenges when used overseas, particularly with regard to cash flow management and relative compensation issues.

„This is where it becomes difficult and we have to think about how we can limit that. With fixed limits, be it with incentive systems or other possibilities,“ says Neuhaus.

Regarding CBDCs in Europe, Neuhaus also spoke about the ECB’s public consultation on a possible digital euro. This consultation was published in mid-October 2020 and aims to collect feedback from public and private people to assess whether Europe needs a digital euro.

In November 2020, ECB President Christine Lagarde asked the bank to make a decision on the introduction of a digital euro in January 2021.

El lanzamiento de Ethereum 2.0 se acerca

El lanzamiento de Ethereum 2.0 se acerca con la liberación de códigos menores

La excitación se está extendiendo por el campo del Etereo mientras la herramienta para crear depósitos en el Etereo 2.0 es liberada en GitHub.

El Etéreo 2.0 pulgadas cada vez más cerca del lanzamiento con la liberación de la herramienta de creación de depósitos.

El Etéreo está cada vez más cerca de su tan esperada actualización 2.0. Anoche, durante una de las elecciones estadounidenses más divisivas de la historia, la Bitcoin Compass herramienta para crear el contrato de depósito del Ethereum 2.0 cayó silenciosamente en GitHub.

„Tenemos que ir a la puesta en marcha del motor principal 🚀“, se lee en el comunicado de GitHub.
El contrato de depósito de ETH 2.0 es „Básicamente listo para usar“, dice ConsenSys Dev

El contrato de depósito del Ethereum 2.0, el último „eslabón perdido“ que permitiría enviar ETH entre ambas iteraciones de la cadena de bloqueo, está esencialmente „listo para ir“, según Ben Edgington, el pr…

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Mientras que la totalidad del Twitter criptográfico permanece cautivado por los resultados de las elecciones, unos pocos vieron el anuncio.

„Liberando silenciosamente el contrato de depósito de #ETH 2.0 en #ElectionNight… furtivo, muy furtivo“, tuiteó Adam Barlamm, fundador de la firma de juegos en cadena, Chain Games.

¿Qué hace el código?

La herramienta representa un paso hacia la fase 0 de la tan esperada actualización.

La fase 0 es la etapa inaugural de un despliegue escalonado de 6 fases, e introduce un mecanismo de consenso de prueba, un medio eficaz para validar las transacciones en la red Ethereum. Para que los usuarios y la cadena de prueba de toma de posesión funcionen, los fondos deben migrar de la actual cadena de bloqueo del Etéreo a Etéreo 2.0. Y ahí es donde la herramienta es útil.

En lugar de la dirección oficial de depósito en sí, la liberación es una herramienta para generar las claves necesarias para hacer depósitos en Ethereum 2.0.

Se espera que la fase 0 se envíe tan pronto como el contrato de depósito esté en funcionamiento.

Así que después de meses de contratiempos, agotadoras pruebas de caja de arena, y copiosas auditorías, parece que partes del Etéreo 2.0 finalmente están llegando.

Bitcoin e Altcoin fluttuano tra i risultati delle elezioni statunitensi

Il prezzo di Bitcoin si sta consolidando sopra il supporto di 13.650 USD e sotto i 14.000 USD.

Ethereum sta ancora lottando per cancellare 385 USD, XRP si è ritirato al ribasso e ha testato 0,235 USD.

HEDG detiene guadagni superiori a 0,715 USD e ABBC è aumentato di oltre il 17%

Dopo un picco al di sopra del livello di 14.000 USD, il prezzo del bitcoin ha iniziato una correzione al ribasso a breve termine. Bitcoin Pro è stato scambiato al di sotto del livello di 13.800 USD, ma il prezzo è rimasto stabile sopra 13.650 USD e 13.500 USD. Il prezzo si sta attualmente consolidando (13:00 UTC) e sembra che si stia preparando per la prossima mossa tra i risultati delle elezioni statunitensi .

Allo stesso modo, ci sono stati movimenti di range nella maggior parte delle principali altcoin, tra cui ethereum, XRP, litecoin, EOS, XLM, LINK, BNB, TRX, bitcoin cash e ADA. ETH / USD sta affrontando una forte resistenza vicino a USD 385, ma i rialzisti stanno proteggendo USD 380 e USD 378. XRP / USD si è ritirato al di sotto di 0,238 USD e ora sta testando la zona di supporto di 0,235 USD.

Capitalizzazione di mercato totale

Nelle ultime due sessioni, il prezzo del bitcoin è stato scambiato principalmente in una zona rialzista al di sopra dei livelli di supporto di 13.650 USD e 13.500 USD. Sembra che BTC si stia preparando per la prossima mossa importante, con una resistenza immediata a 13.880 USD. La prima grande resistenza è vicino a 14.000 USD, al di sopra della quale i rialzisti potrebbero puntare a un aumento del 5% -6%.
Se non si verifica una rottura al rialzo sopra 13.880 USD e 14.000 USD, il prezzo potrebbe ritirarsi al ribasso. Un supporto iniziale è vicino al livello di 13.650 USD, al di sotto del quale i rialzisti devono difendere 13.500 USD.

Prezzo di Ethereum

Il prezzo di Ethereum sta affrontando un forte interesse di vendita vicino ai livelli di 385 e 386 USD. La prossima grande resistenza è vicina al livello di 392 USD, al di sopra del quale i rialzisti potrebbero mirare a una netta rottura sopra i livelli di resistenza di 400 e 402 USD.

Al contrario, potrebbe esserci una forte reazione ribassista al di sotto dei livelli di 378 e 375 USD. Il primo supporto chiave è vicino al livello di 372 USD. Eventuali ulteriori perdite potrebbero portare il prezzo verso 365 USD.

International Blockchain Forum to be held this coming 16 October in Spain

The Iberian Blockchain Institute will hold an International Blockchain/COMUNICAE Forum in the city of Badajoz, Spain next October with international references.

On October 16th, the Iberian Institute of Blockchain will hold in Badajoz, Spain, the „Foro Internacional de Blockchain/COMUNICAE“, in which topics in the areas of Cybersecurity, Technological Innovation and Blockchain will be discussed. Those interested can register free of charge on the official website of the International Forum. This was announced on its website, the newspaper Exitoeduactivo.

The event has been organised by the Iberian Institute of Blockchain and the firms Área Financiera and De la Fuente and will bring together national and international references such as Google, IBM, the American firm Oracle, the national cluster Alastria, the investment fund 15K Angels and the platform iCommunity Labs.

The forum will have more than 20 highly renowned speakers from the technology sector, who will be developing a programme throughout the day that will include aspects that have a great impact on the use of new technologies. Through conferences, workshops, round tables and networking spaces, topics such as the process of national digital transformation, the usefulness of Blockchain technology in the framework of the fourth industrial revolution or its application in companies and public institutions, as well as the processes of entrepreneurship and employment generation linked to these new sectors will be addressed.

The inaugural conference of the event will be given by María Parga, president of Alastria, Blockchain’s national ecosystem cluster, who will welcome the participants with the speech „Blockchain present and future of a fundamental sector for the economy“. The world vice-president of economic development of the US multinational Oracle, Francisco Abbedabro, will also participate in the forum.

As Exitoeduactivo highlights in its article, the Blockchain International Forum has the support and collaboration of the Regional Government of Extremadura, as well as organisations such as the Diplomatic World Institute, the European Finnova Foundation, the Business and Management School -Enyd-, the Alastria Cluster, the technology firm Eternity or the Business Market Network.

Those responsible for the Chilean Government’s Digital Agenda, Miguel Escassi, the Smart Cities engineer and member of Intelligent Community Forum, Agustín Argelich, and the General Director of the Finnova Foundation, Juan Revuelta, have also confirmed their participation in this forum of great international pre-eminence.

Technological Society

The event will take place this October 6, free of charge, in the city of the Basque Country. It will be carried out with a system of attendance – limited capacity according to regulations – and virtual. Adapting to the current security measures generated by the Covid-19 and whose main objectives in the public sphere are to highlight to the public administrations the importance of the new sectors of blockchain technology, cyber-security or digitalisation, which Francisco Loano points out are „aspects that have come to stay in a society that is aiming to accelerate its protocols in these fields“, said the co-founder of the Iberian Institute of Blockchain.

Likewise, in the private executive environment, the forum will be organised in order to achieve several objectives. Firstly, the incubation of a training space for those attending in sectors of great growth and productive development, and secondly, the generation of business opportunities and business networking, as well as the promotion of the entrepreneurial and innovative ecosystem.

The co-founder of the Iberian Institute of Blockchain, Francisco Loano, highlights that

„From the Iberian Institute Blockchain we have started this forum as a first initiative of others whose vocation is the promotion of knowledge and training in Blockchain as in other tools of digitalization and cyber security in our country, which can lead us to the generation of new jobs and a business ecosystem prepared for the 21st century“(…) he also pointed out that, „Our vocation is to seek the alliance with private agents and companies as well as public administrations in this objective“, he said.

Iberian Institute of Blockchain

The Iberian Institute of Blockchain, is a company that aims to carry out and promote scientific and technical activities related to new information technologies, telecommunications and the so-called blockchains and other related technologies. The development of cultural and training activities linked to technology. Focusing its activity on 6201 -Computer programming activities-.

Spain Technological Innovation

Spain is increasingly interested in innovation and the potential of blockchains. Sectors such as banking, payments, copyright, energy, supply chain, education, communications, are some of them that already make use of the blockchain in their daily work. Its adoption is seen as an opportunity for innovation and economic drive for this region.

Likewise, in Spain, for example, the adoption of the DTL has already begun to focus on banking. Initiatives by BBVA, Banco Santander, Caixabank and Bankia have researched and implemented some applications of this disruptive technology, even investing in startups related to this technological innovation.

In the same vein, a recent project that can be highlighted is BlockchainFUE from the community of Valencia, which offers a public blockchain network for companies and professionals. This platform seeks, above all, to guarantee the exchange of information and the transmission of value with identity functions.

Another initiative is that carried out jointly by the Spanish Association for the Recovery of Packaging (AEVAE) and the company Signeblock, who, through the Gouze platform, aim to track each of the packaging generated by manufacturers and to give it appropriate environmental treatment at its final destination, making recycling possible and promoting the circular economy

Gouze, is a blockchain-based tool managed by a simple mobile app, which specializes in providing connectivity, traceability and transparency to all products that customers decide to register and verify on it.