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IOTA (MIOTA) Foundation To Grace Paris To Talk About Smart Cities and Smart Energy

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The IOTA (MIOTA) Foundation will be visiting Paris in a meetup that has been scheduled at the prestigious School 42. Other guests in attendance include representatives from Engie Lab. The meetup is geared towards discussing the possible ways towards creating Smart Cities and Smart Energy solutions. The announcement was made via meetup.com and reads as follows – and translated from French:

IOTA will be present at School 42 on the evening of Monday, May 28th. 

The meetup will be presented in French and English by Wilfried Pimenta (Head of Business Development) & Lewis Freiberg (Lead Ecosystem Team) with the participation of Andrew Shipilov, Professor of Strategy at INSEAD, and ENGIE Lab who will present the activities and interest in DLT IOTA. 

This will be an opportunity for many developers and innovation managers to get in touch with the IOTA Foundation and discuss the future of Distributed Ledger Technologies, the Internet of Things and the “smart-revolution” (smart energy, connected mobility, smart cities, industry 4.0 ++). This Meetup will also be an opportunity to announce and prepare the Hackathon LedgerDays IOTA from 11-12 June 2018 at the same address.

This event is organized by IOTA jointly with Matrix at School 42.

School 42 is a private, non-profit and tuition-free computer programming school created and by French Billionaire Xavier Niel and several partners that include Nicolas Sadirac, Kwame Yamgnane, and Florian Bucher. Mr. Neil is the founder of the Illiad Telecommunications company whereas Mr. Sadirac is the previous director general of the Epitech School in France.

Engie Lab is part of Engie Group which is a global leader in the energy sector with a key focus on reducing carbon emissions from power generation while dealing with natural gas, nuclear and renewable energy. The company also dwells on the distribution of the said electricity.

When you look at the venue and the participants of the meetup, one can only imagine how the discussions will involve some of the following topics:

  • Internet of Things
  • Smart grid technology for electricity distribution
  • Real-time monitoring of power plants and adjusting production according to demand
  • Lowering the carbon footprint of power generation and in-turn reducing the greenhouse effect
  • Integrating the IOTA tangle in all the above possible areas of improving the efficiency of the energy generation and distribution industry

Also to note is that the meetup is free to attend for anyone who will register online.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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Hodium
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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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Altcoins

KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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