Blockchain and Bitcoin round-up: 26 April 2017
Here’s something brief to avoid wasting precious minutes on pernicious waffle. A blockchain and Bitcoin round-up, featuring Populous, Humaniq, BOScoin and the Winklevoss twins.
In the UK, blockchain invoice and trade finance platform Populous will launch its initial coin offering (ICO) on 16 July. It is an Ethereum-based platform and uses smart contracts, XBRL data and “pegged stable” tokens to let investors and invoice sellers to trade invoices on the blockchain.
It plans to issue Populous Platform Tokens (PPT) – and subscribers can get a “share of profit generated from the platform’s fees and services”.
Time for teamwork. Blockchain mobile app Humaniq has signed a partnership agreement with BOScoin, a cryptocurrency platform in South Korea. They will do the usual stuff – share tech resources and support each other’s expansion plans.
Humaniq has also opened a new innovation centre in Cambridge, UK. It will work with academics and organisations and “will serve as the basis for efficient interaction with a global scientific network”. BOScoin is also launching its ICO on 10 May – and it runs until 20 June 2017. In total 276,093,688.786 coins will be distributed. Well, that’s precise.
As reported in March, the US Securities and Exchange Commission (SEC) dashed the hopes of internet entrepreneurs and venture capitalists Cameron and Tyler Winklevoss, who were hoping to create an exchange-traded fund (ETF) for the virtual currency Bitcoin.
But wait. In a very dull statement, the SEC is now reviewing that decision. It says the twins’ “petition for review of the disapproval order is granted” and wants written statements “in support of or in opposition” to that order on or before 15 May 2017. It’s not over yet. Unlike this round-up… which is.
