ARK to hold a hackathon and a workshop Open Geneva

Blockchain solutions provider ARK is hosting a large hackathon and a workshop Open Geneva in Switzerland on April 12 through 14
05 April 2018   329

The ARK team has announced it is going sponsor and attend Open Geneva - a hackathon and workshop event in Switzerland with its own hackathon and workshop taking place on April 12-14. Hundreds of participants will be able to work together to design and produce innovative solutions to exceptional challenges. ARK will work in a close cooperation with Prodibi (Geneva-based picture sharing platform) and Fusion Hub (works on fintech solutions and manages a Blockchain Lab) during the event. Prodibi infrastructure will grant ARK the ability to create and put watermarks of images on the blockchain.

The attendees will include:

  • François-Xavier THOORENS / CTO of ARK
  • Kristjan KOŠIČ / Hackathon General Manager — Core Developer at ARK
  • Juan MARTÍN / Full-Stack Developer at ARK
  • Jean-Henry MORIN / Professor — Institute of Information Service Science (ISS), University of Geneva
  • Jörn ERBGUTH / Assistant — Institute of Information Service Science (ISS), University of Geneva
  • Olivier HAMEL / General manager, Prodibi
  • Frédéric HAMEL / CTO, Prodibi

ARK provides users, developers and startups with innovative blockchain technologies with the purpose to create an entire ecosystem of linked chains and a virtual spiderweb of endless use-cases. At the moment of publication, the market indicators for ARK are as follows

Average price: $2.08

Market cap: $211,422,689

Volume (24H): $3,989,150

US Congressman to Call for Crypto Ban

As reported, Brad Sherman has called for a blanket ban on cryptocurrency buying
19 July 2018   77

American authorities should ban cryptocurrencies and mining. Such a statement on was made by Congressman Brad Sherman during the hearings of the Committee on Financial Services at the US House of Representatives, CoinDesk reports.

According to Sherman, in the future, cryptocurrencies may become a form of money, but at the moment they are used either by rogue states to bypass American sanctions or by individuals to evade taxes.

We should prohibit U.S. persons from buying or mining cryptocurrencies.
 

Brad Sherman

Congressman, US

At the same time, Norbert Mitchel, director of the Data Analysis Center of the Heritage Foundation, noted that the possible use of crypto-currency for criminal purposes should not stain other possibilities of digital currencies.

Yes it is true that criminals have used bitcoin, but it's also true that criminals have used airplanes, computers and automobiles. We shouldn't criminalize any of those instruments simply because criminals used them. Those components I believe are the main barriers to widespread adoption in the U.S.
 

Norbert Mitchel

Director of the Data Analysis Center, Heritage Foundation

As Eswar Prasad, senior professor at Cornell University, said, the existence of cryptocurrencies had the potential to impact the financial services system, particularly the payments system, in positive ways.