Weekly (August 19th – August 23th)

1.Morgan Creek founder: Bitcoin provides opportunities for more than 50% of the world to get rid of negative impacts

Morgan Creek founder Anthony Pompliano said: “Bitcoin provides an opportunity for more than 50% of the world to get rid of the negative effects of inflation (wealth inequality). Simply protecting someone’s wealth can be the most The people who need it create a lot of opportunities.

2. China’s central bank digital currency may be released earlier than Facebook Libra

According to the English version of China Daily, officials and experts said that China is testing various ways to launch China’s first central bank digital currency (CBDC), and they expect the private sector to be more involved in creating government-backed currencies. Based on ongoing experiments in some areas, the time has come to introduce CBDC. But experts close to the Chinese central bank said on Monday that Facebook’s announcement of its digital currency scale may prompt Chinese regulators to reconsider the possible model of CBDC. Experts predict that if all goes well, the digital currency supported by the Chinese government may be earlier than the official release date of Libra.

3 .South Korea blockchain company Blocko completed 9 billion won financing, Shinhan Bank participated in the investment

South Korea’s blockchain enterprise application startup Blocko announced the completion of a 9 billion won ($7.44 million) Series B + financing, including the oldest Korean bank in Korea, KEB Hana Bank, LB Investment and Dadam Investment. So far, the company’s total financing has exceeded 20 million US dollars. Blocko has now entered into cooperation with a number of Korean government agencies, including the National Stock Exchange, Bank of Korea, Hyundai Group and Korea Electronics and Telecommunications Research Institute. According to Won-beom Kim, CEO of the company, they plan to deploy blockchain solutions in areas such as the power grid. (Coindesk)

4.MakerDAO registers the “DeFi” trademark with the US Patent and Trademark Office

MakerDAO has registered the “DeFi” trademark with the US Patent and Trademark Office and the applicant is the Maker Ecological Growth Foundation (MEGF). The Foundation has a special place in the Maker community and is committed to creating an “inclusive and transparent global economy”.

5.  Ethereum is expected to become the first public chain of the Hyperledger Alliance

According to CoinDesk, Hyperledger sent a proposal via email to place the Pantheon protocol supported by ConsenSys under Hyperledger and join blockchain projects such as IBM’s Hyperledger Fabric and Intel’s Hyperledger Sawtooth. If the proposal passes, Pantheon will be renamed Hyperledger Besu.

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