Harmonychain, said that it is already preparing a market for the potential ICO token forward IRON as an interesting contract for trading the underlying iron ore assets that collateralize the ICO.
«We have already registered IRON and NICKEL on the ERC20 blockchain» said Bjorn Zachrisson, CEO of Harmonychain AS, «and we are looking into ways to distribute the tokens and have them tradable on reputable token exchanges».
The Norwegian mining company Element ASA is also planning to conduct a contemplated ICO that will differ from other token sales.
«experts and analysts believe that in the future, companies and startups will have to offer something additional for their ICOs in order to attract investments.» Blockchain solutions, IP and pat.pend. licence deal with Harmonychain TOA signed.
It seems there will be two coins tentatively called “iron” and “nickel”, although their official names and tickers may change moving forward.
Element partnered with Harmonychain for the upcoming potential ICO, a blockchain-driven tech play with pending distributed ledger technology patents.
If the ICO goes ahead, it could attract hedge fund traders who are interested in hedging with iron ore or nickel ore. Other investors may simply want to hold an asset-backed cryptocurrency, which removes some of the risk from the cryptocurrency equation given the the tokens are backed by underlying physical assets.
Element ASA signs Terms of Agreement with Harmonychain
Google, Apple, Microsoft and Facebook will now introduce payment directly from their browsers in Crypto Currencies
It will be easy to pay with Crypto Currencies in the next browsers from these companies. Click the link above for more details.
A virtual currency initiative led by UBS Group AG has gained six new members, including banks Credit Suisse and Barclays
Other members joining the roster, announced yesterday, include HSBC Holdings, State Street Corp., Mitsubishi UFJ Financial Group, and the Canadian Imperial Bank of Commerce.
Interesting numbers in the Blockchain Financial Disrupting Technology.
IBM expects 65 percent of major banks to be using blockchain technology in some fashion within the next 2 years
This is simply put a technological revolution.
9 out of 10 government organizations have suggested that they will be using blockchain technology by the year 2018.
The blockchain will change society the next 20 years as much as the internet has in the last 20 years.
Bitcoin Market Cap Crosses $100 Billion Mark As BTC Price Surges
Bloomberg reports that in spite of making new copies of Bitcoin blockchain, the market capitalization is still rising.
- Falcon Private Bank said Wednesday it received approval from a Swiss regulator to offer bitcoin products.
- This is the first time the Swiss regulator has done so.
- The decision could pave the way for other global regulators to approve bitcoin products.
They are perfectly suited for the way Millennials shop, according to article on Yahoo Finance.
- August 1: Bitcoin tokens was split in 2 tokens, Bitcoin Cash tokens and Bitcoin SegWit tokens
- Those that had Bitcoin, now get 1 of each
TenX’s Visa prepaid card converts digital currencies to cash
The company has raised $80 million through a token sale
Trader made $200 million
trading Ethereum. Blockchain Transparency will include Tax Authorities in the future.
The illusion of banks being safe should have been shattered after the 2008 crisis. Visa pays hefty bonuses to shops eliminating cash. In the future, the Blockchain will be a game changer.
World Economic Forum released a breakthrough report
on June 28. to business about «realizing the potential of the Blockchain: WEF-Realizing-Potential-Blockchain
IRON Smart Metal-Ether Contracts is ready to launch.
Etherum price volatility
Coinmarketcap.com shows that the Ethereum investors are well in positive territory the last couple of years.
Japan passed a law to accept Crypto Currency
Bitcoin as legal payment method. Bitcoin value rises over $1 billion.
Bitcoin’s share of Crypto Currency Market drops below 50 %.
are staffing up for Blockchain.
Blockchain is perfect for creating energy markets
In New York City micro Solar Electricity producers are allready using the Blockchain.