November 28

Chart of the Day:

Coinbase has patented a self-learning compliance enforcer that shutters “bad” user accounts. It assigns an overall compliance score from a variety of factors, including user age, account balance, transaction volume, location, verification history and the number of devices with access.

The compliance enforcer also measures ‘the level of due diligence that has been performed on the respective account, and any past history of compliance review in determining whether the account is bad or good.'”

“EOS Block Producer “EOS New York” has published data purportedly showing that six registered producers on the network are managed by a single entity.

DPOS is not BFT [Byzantine Fault Tolerant]. Let’s be upfront and honest about it.”

“With Ethereum 2 moving closer to launch, Bitcoin Suisse is pleased to announce its ETH2 staking service. Clients will retain 85% of the earnings from the incoming rewards.

Since the beginning in Zug in 2013, Bitcoin Suisse has maintained a close relationship with the Ethereum community and continues to do so in the transition to proof-of-stake with the upcoming Serenity upgrade.”

“Big Four audit firm KPMG has officially launched a blockchain-based track and trace platform in Australia, China and Japan. The platform enables trading partners to communicate product data across their supply chains to end users.

A blockchain solution, such as KPMG Origins, could provide a platform which will enable end-users to capture the sustainability credentials of the product directly from the grower to customer.”

“The Klaytn platform, which is developed by Kakao’s blockchain subsidiary Ground X, currently has 27 firms in its Governance Council.

Facebook’s Libra launched last month with aims to recruit 100 partners. Libra is taking a similar approach to ours, but it has yet to experience the milestones we have crossed. […] Next year, Klaytn will become Asia’s biggest blockchain consortium.”

See Also: EToro: Facebook Should Drop Libra and Support Third-Party Stablecoins

The House of Cards Wobbles

See Also: What the Fed Reserve’s Balance Sheet Expansion Means for Bitcoin

“Saudi Crown Prince Mohammed bin Salman arrived in the United Arab Emirates (UAE) for an official visit yesterday to discuss joint policy measures, including a digital currency plan. 

The UACEB-SAMA digital currency is named “Aber” and will be limited to financial settlements using distributed ledger technologies ‘on a probational basis and exclusive use by a limited number of banks in the two countries.'”

“Large financial services company Fidelity Investments is incentivizing its employees with digital currencies.

ERC-1404 [tokens] are used to restrict certain services, like whitelisting certain investing, blacklisting others, or capping the amount that can be gifted. This helps companies like Fidelity stay on the right side of the law.

Our team was excited to test this new token with Fidelity’s club members. For employees, it’s a real use case for restricted tokens and gives them an opportunity to get hands-on experience with tokens.”

Another Good Interview with AA

See Also: Antonopoulos: Cash-Settled Bitcoin Futures Traders Face ‘Black Hole’