Global Notes- a Melbourne based startup have introduced a collectible bitcoin cash physical notes that reportedly contain a certain amount of Bitcoin Cash according to their website which we are exploring more in our weekend altcoin news below.
The creators behind the startup believe in the vision of Satoshi Nakamoto for peer-to-peer electronic cash system and strongly believe that Bitcoin Cash is the perfect altcoin for that because of its low fees which will make the coin economically viable. They also believe that the collectibles are the perfect way to increase adoption awareness and can also be used as a gift.
Version 0.2.0 of the 1mBCH note has been released and it looks similar to the US dollar but with the face of Dorian Nakamoto as the center of the bill. You will also get a printed public and private key to the holder of the note can sweep the funds at any time. There is also more data that verifies the bill. There is a QR code on the bill and according to the team:
“The 4 digit code printed at the top left-hand corner of the tamper-evident seal provides enhanced security against covering a tampered seal with a new seal. The 4 digit code equals the last 4 digits of the Bitcoin Cash address.”
The Melbourne-based startup also said they hope to see their notes transform into something that will provide economic freedom in the long term and help all of those 3 billion people who are suffering the most from inflation.
However, the collectibles won’t be shipped to countries such as China, Egypt, Iraq, Bolivia, Algeria, Bangladesh, and Iceland.
You can purchase the BCH bills only by using Bitcoin Cash.
Binance Margin Offerings Surpass $100M Goal
Israeli Startup GK8 Secures $4 Million By Investors
Investment App Abra To Sell Crypto In 6,000+ 7-Elevens In Philippines
“Now Abra users in the Philippines can quickly and easily add pesos into Abra and use that to invest in cryptocurrencies or popular stocks like Google, Amazon, Facebook, etc., which opens up a world of new possibilities to build wealth.”The investment app Abra was in the news back in February as well. Then, it said that it was launching a new service which allowed customers to invest in fractions of stocks of NASDAQ-listed firms. The app also supports 30+ cryptocurrencies and 50+ fiat currencies. According to the general manager at ECPay, this partnership “widens the product and service offerings of ECPay to its Collection Partners like 7-Eleven, NCCC Department Stores and Supermarkets, LCC Malls and other Remittance, Pawnshop partners." For those of you who don't know or are not following our altcoin news, the Philippines adheres to the Cagayan Economic Zone Authority (CEZA) which unveils a comprehensive set of new rules that govern cryptocurrencies. All of this was made in a bid to effectively regulate and protect investors. Under the rules, all Digital Asset Token Offering (DATO) regulations must have proper offering documents with pertinent details on the issuer, project and accompanying advice and certification of experts and DA Agents.
Wells Fargo Tokenizes Cash But Avoids Calling It A Cryptocurrency
“We believe DLT holds promise for a variety of use cases, and we’re energized to take this significant step in applying the technology to banking in a material and scalable way. Wells Fargo Digital Cash has the potential to enable Wells Fargo to remove barriers to real-time financial interactions across multiple accounts in multiple marketplaces around the world.”Wells Fargo tokenizes by using the possibility of transitioning to a new internal database. One of the former senior blockchain and crypto strategists at EY previously commented:
“I’m genuinely curious as to the definitional difference, and then the supposed improvements. How many people can explain how this solution is technically different than what banks have always done? […] They’ve just changed their database.”This is not the first rodeo for the ecosystem and this year since many stakeholders in the space including the non-profit groups explained the characteristics of JPMorgan’s JPM Coin which was a project permissioned and closed-source. JPMorgan is also looking as Wells Fargo to innovate in the blockchain arena as reported in the altcoin news previously. The central banks are getting in on the action as well since the Bank of Russia is also working on a blockchain-powered digital currency while the People’s Bank of China aims to launch its own cryptocurrency as well.
Join us on Facebook
UPCOMING EVENTS RECOMMEND BY DC FORECASTS
Regulation4 days ago
IRS Is Hunting Cryptocurrency Traders With Warning & Action Letters
Altcoin News2 days ago
Tether’s Burning Of 400M USDT Could Crash The Bitcoin Price
Bitcoin News5 days ago
Bobby Lee Bitcoin Price Prediction: BTC Could Reach $200K Very Soon
Bitcoin News3 days ago
Bitcoin Price Analysts: A Strong Bull Run Is Imminent
Ethereum News4 days ago
Ethereum Price Flashing: Can ETH Surge To A New Yearly High?
Bitcoin News3 days ago
Bitcoin Breakout May Happen This Week, Analysts And Traders Predict
Analysis4 days ago
Crypto Could Become ‘The Next Frontier’ In The War On Terrorism: US Treasury
Regulation4 days ago
First Crypto Banks In Switzerland Are Seen As A “Game Changer”