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TRX Coin News: New TRON Plans For BitTorrent - Global Coin Report
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TRX Coin News: New TRON Plans For BitTorrent

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TRX coin news
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TRON (TRX), one of the most popular cryptocurrencies around, has just announced two big moves that will likely make it even more popular. These TRX coin news include a launch of the first TRON blockchain-based game, as well as plans for rewarding rewards for BitTorrent file sharing.

TRX coin news announces a new blockchain-based game

TRON has made a lot of members of the gaming community really happy with a recent announcement posted by Justin Sun. According to him, a company called BitGuild has been using TRON blockchain for creating the first idle blockchain-based game in the world — Magic Academy.

The game will revolve around the creation of wizards, and especially various upgrade items that will increase their power. Additionally, players will have an in-game currency — Jade — which is based on the TRC20 token. By buying additional warriors and increasing their battle power, players will also be able to attack others and steal their Jade. Not only that, but the game will also offer unique items that will be based on TRC721.

Finally, Magic Academy is written through the use of Solidity programming language, which is also compatible with TRON MainNet via TVM.

BitTorrent users to be rewarded for seeding with TRX

In another announcement, Justin Sun stated that BitTorrent is about to receive a new update. In this TRX coin news, it was announced that users who decide to seed content will be rewarded for file-sharing with TRX coins.

Until now, sharing content was free. Content providers, or seeders, allowed others (leechers) to download it due to their wish to help the BitTorrent community. Other than that, seeders had no greater incentive to save the content or to keep it available for others. Now, however, this is likely to change.

The statement came after the one that announced TRON’s new Project Atlas. The innovation is seen as one of TRON’s first bigger moves on the road to transforming the industry of content distribution.

According to Justin Sun, the new way of content distribution is what Project Atlas is all about. It will also improve the download speed, and it will provide more seeds. Additionally, there will be no mining, and the project will also introduce backward compatibility. This backward compatibility will allow BitTorrent users to enjoy the same services with no regard to their choice of Torrent client.

Seeders will also be able to receive payments from other users for providing additional bandwidth to their equipment. This is how download speed will be increased, while both sides will have a reason to become TRX owners.

According to Sun, the move will eventually empower content creators, as well as their communities. It will also eliminate the middleman, and content creators will be able to reach their communities directly.

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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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VOLUM uncorks its track and trace platform for global alcoholic beverage producer ISBG

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VOLUM onboards global wine and spirits producer, ISBG, to simplify its supply chain process with a track-and-trace platform that digitizes and reduces traditional paperwork

 

ESTONIA — March 2019 — VOLUM, the blockchain ecosystem for enterprises, is announcing that ISBG, a global producer of alcoholic beverages incubator, is partnering with VOLUM to implement its platform into its sales and distribution process. The VOLUM platform digitizes and simplifies both traditional paperwork and the supply chain process, using its operational smart contracts.

 

A supply chain can be a difficult process to track and trace. A comprehensive system of organizations, activities, information, and resources have to be accounted for, not to mention the overwhelming amount of paperwork. So, what’s a large corporation to do, if it truly wants to accelerate its supply chain while cutting back on paper waste? VOLUM has developed a blockchain framework that allows enterprises to convert traditional paperwork into a digital process while safeguarding all transactions and steps within a company’s supply chain.

 

VOLUM leverages blockchain technology with an ecosystem that is specifically designed for farmers, manufacturers, distributors, public utilities, governing agencies, financial institutions, and IoT data hosts. The VOLUM…

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Blockchain-Focused ETF Arrives on London Stock Exchange

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blockchain-focused ETFs
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The crypto community is still waiting for the US SEC to approve Bitcoin ETFs, with speculation which application might get approval being one of the hottest topics in 2018. However, come 2019, the US government shutdown dragged on, and the Bitcoin ETF request which had the most potential to see a grant got withdrawn by the very companies that submitted the application.

While the question of BTC ETF remains hanging in the air, blockchain-focused ETFs seem to be a different matter entirely. In a recent announcement by an independent investment managed firm called Invesco, the company has stated that it was about to launch the largest blockchain-focused ETF in the world. They managed to go through with this plan, and the ETFs have reached the London Stock Exchange today, March 11th.

The exchange-traded fund includes a portfolio containing as many as 48 different firms which are bringing exposure to the emerging technology. Among them, there is Taiwan Semiconductor Manufacturing, which is a well-known creator of chips used for crypto mining, as well as the CME Group, which is the first regulated exchange in the US which launched Bitcoin futures. There are many other well-known companies as well, such as Intel, Microsoft, and others.

Chris Mellor, the Invesco’s head of ETF equity product management in Europe, said that blockchain has a huge potential to increase earnings, even though…

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Could Jeff Bezos Turn to Bitcoin to Hide Fortune from Wife?

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Jeff Bezos
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Amazon’s Jeff Bezos has made numerous headlines recently due to his overly-publicized divorce, which shows all signs of being one of the most expensive ones — if not THE most expensive one — in modern history. According to estimates, it might cost him as much as $70 billion, which will make his soon-to-be-ex-wife the richest woman in human history.

However, as the process continues to unfold, many have started wondering if things may have ended up differently for Bezos if he turned to Bitcoin for help.

Bitcoin as a divorce tool?

In the last several years — since Bitcoin and other cryptos hit fame — many have started turning to BTC during their divorce proceedings. In fact, it can even be said that using the largest cryptocurrency in this way has become a new trend. The trend has been gaining so much strength that numerous law companies started including advice on what to do in regards to Bitcoin as part of their websites.

However, while the trend has been picking up in recent years, it is nowhere near as easy as it might seem. For example, if there is even a suspicion of a spouse having undisclosed holdings appears during the divorce process, it might be enough to impact the final decision of the judge. In other words, even if there is a complete lack of evidence, but…

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