Antshares gained 400% in one week

Chinese blockchain platform received a "boom" growth
23 June 2017   1205

AntShares is a Chinese blockchain platform. It had big price spikes recently, now is at 9$.

Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks

AntShares Charts
AntShares Charts

This blockchain platform is not popular in the Western world now. It is due the fact that it is not targeted at western customers. It's about time to get familiar with this product.

What’s inside?

AntShares features:

  • It uses smart contract like Ethereum, but it is possible to held multiple classes asset in one chain.
  • Platform is Sino-centric.
  • It is focused on “digital asset registration,” and has successfully helped more than one firm.

Can AntShares become a Badu for Bitcoin's Google? Fact that AntShares is native for China and "knows" how to navigate in it's regulatory landscape can really help this platform to become successful. AntShares is far from Bitcoin and it can be it's plus too.

Local currencies and networks

The main factor of currencies' popularity is its social acceptability and social network effect. Facebook is not main social network in a lot of counties, for example, China and Russia have their own social networks. Facebook competes for users in this countries with local social networks.

Same with Bitcoin. Worldwide this currency is or not, Bitcoin is less popular in non english-speaking regions. It is much harder to learn about it in places like China. So, projects like AntShares have all chances to get its regional alcove. Same for Russia - instead of Bitcoin, russian users can get homegrown analogue. There are two variants, why AntShares received such a "boom" growth:

  1. Upcoming conference.
  2. Cryptocurrency enthusiasts are looking for other innovative projects which appear untapped.

If AntShares will become more widely used in China, it can get a many-fold value rise and at the moment we may be witnessing only the beginning.

Binance to Spread Crypto Fiat Wings

The list of upcoming jurisdictions was found by the Block
18 January 2019   63

The Block has gained access to the list of jurisdictions in which the largest cryptocurrency exchange Binance intends to launch fiat trading platforms. The latter use technology Binance, but will be separate legal entities.

Alleged Binance New Operation Jurisdictions
Alleged Binance New Operation Jurisdictions

In 2019, the exchange allegedly intends to launch full-scale activities in Malta and in Singapore. At the same time, South Korea, Liechtenstein, Russia, Turkey and Argentina are in the plans.

Note that in October last year, such a platform appeared in Uganda, and just a few days ago - on the island of Jersey.