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Tag Archives: Backed

Argyle Coin Becomes the First Cryptocurrency Ever to be backed by a Performance Bond and Fancy Colored Diamonds Worth $25 Million

Argyle Coin, a blockchain based platform to buy and sell fancy colored diamonds, will protect its investors by two measures viz. a performance bond and $25,000,000 worth of fancy colored diamonds. It will also be the world’s first ever cryptocurrency designed specifically to execute smart contracts for efficient online trading of fancy colored diamonds. August 26, 2018 Following the recent ...

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Argyle Coin Becomes the First Cryptocurrency Ever to Be Backed by a Performance Bond and Fancy Colored Diamonds

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. Argyle ...

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Bitcoin Venezuela on Why the Petro Isn’t Even ‘Backed by Trust’

Randy Brito is the head of Bitcoin Venezuela, a non-profit organization dedicated to educate and promote Bitcoin in Venezuela. He is also spearheading the Locha project, which he describes as “an effort to push the needed developments and research for achieving the hyperbitcoinization in Venezuela.”  Brito also sees a use case for bitcoin in countries like Turkey and Iran,which have ...

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Venezuela’s Petro Is a ‘Smokescreen’ Backed by Centralized Debt-Crippled Entity

Venezuela’s national oil-backed cryptocurrency, the Petro (PTR), has been scathingly denounced as an opaque “stunt” backed by a centralized and debt-saddled entity, the Wired reports today, August 22. Amid rampant hyperinflation in the Venezuelan economy, President Nicolas Maduro has this week introduced a rebranded fiat currency – the sovereign bolívar – which will have five fewer zeros than its ailing ...

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Gemera Announces Presale for Token Backed by Colombian Emeralds

Gemera has announced the presale for the blockchain based platform, connecting Emerald producers and investors. Disclosure: This is a sponsored article The presale will begin September 10th, and last until October 24th. Tokens will be sold at a rate of $1 USD, with participants being able to receive up to a 20% bonus on top of the base rate. The ...

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Cryptocurrency Startup Swarm Is Selling Tokens Backed by Robinhood Shares

Cryptocurrency startup Swarm has an ambitious plan to democratize venture capital, and it has today taken a major step toward that goal by listing tokens that allow investors to purchase fractional shares in privately-owned fintech darling Robinhood. No, Robinhood, a wildly-popular commission-free stock trading app that recently earned a $5.6 billion valuation, isn’t holding a security token offering (STO), nor ...

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Korea’s Crypto Exchanges are Backed by the Country’s Biggest Bank and Internet Firm

South Korea’s two largest crypto exchanges UPbit and Gopax are backed by the country’s biggest bank and internet company Shinhan Bank and Kakao. Importance of Shinhan Bank’s Involvement The vast majority of investors in South Korea are already well aware that the country’s major crypto exchanges are financed and operated by some of the largest conglomerates in South Korea. Korbit ...

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ZUEN Chain Launches ICO Backed by World’s First TotalWellness Blockchain Alliance Platform

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. The ...

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World’s Fourth Largest Bank by Assets Trials Blockchain Loans Backed by Land

The Agricultural Bank of China (ABC), the world’s fourth-largest bank by assets, has issued its first loan on blockchain, local news outlet Financial News reported July 31. State-owned ABC, which counts itself among China’s “Big Four” lenders, revealed it had issued a loan worth around $300,000 backed by a piece of agricultural land in the Guizhou province. According to Financial ...

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