Blockchain Company May Add Stablecoin Support

Company may partner with one of stablecoin providers by the end of 2019 
22 January 2019   390

The world's largest provider of Bitcoin wallets Blockchain intends to conclude a partnership agreement with the issuer of stablecoin by the end of 2019, reports The Block, citing the head of the company. However, it is not yet known which project will be chosen for cooperation.

Note that, probably, they are talking about adding support for the stablecoin to the Bitcoin wallet from Blockchain. According to CEO Peter Smith, most of the 32 million wallets are currently active. It is also worth noting that the company has previously invested in unnamed projects to develop stablecoins.

According to representatives of the publication, the most likely candidate is Paxos Standard (PAX), which Smith himself mentioned.

Blockchain was founded in 2011. During its existence, it managed to attract about $ 70 million from Richard Branson, Digital Currency Group (DCG) and Google Ventures.

Smith argues that the purpose of Blockchain is not only to simplify investment in Bitcoin, but also to improve financial services as such.

We’ve used stablecoins as almost the oil or the gas that makes this whole engine of a new consumer finance ecosystem possible. We’re not here to just make it easy to invest in bitcoin. We’re here to build a better way of giving people financial services… We’ve gone very deep on the stablecoins. We’re all about stablecoins.
 

Peter Smith

CEO, Blockchain

November last year Blockchain announced the airdrop of half a billion Stellar coins.

EOS to Buy $30M Worth Domain For Its Social Network

Earlier, CEO reported that his company will spent about $150M to develop Voice, and looks like "voice.com" purchase for $30M is one of the first steps
19 June 2019   146

The Block.One company, known for developing the EOS blockchain protocol, acquired a domain for its new social network Voice for $ 30 million. This is evidenced by documents published on the website of the US Securities and Exchange Commission (SEC).

Documents were provided by MicroStrategy, an analytical and mobile software provider. It follows the “voice.com” domain, registered in the GoDaddy domain name registry, was transferred to the EOS developer on May 30, 2019. After 2 days, Block.One officially announced preparations for the launch of a social network.

Block.one has made a smart strategic decision in choosing Voice.com to be the internet domain name for its new social media platform. The word ‘voice’ is simple and universally understood. It’s also ubiquitous — as a search term, it returns billions of results on the internet. An ultra-premium domain name like Voice.com can help a company achieve instant brand recognition, ignite a business, and massively accelerate value creation.
 

Marge Breya 

Senior Executive Vice President and Chief Marketing Officer, MicroStrategy Incorporated. 

The commercial model of MicroStrategy is based, among other things, on the accumulation and sale of such expensive domain names.

According to Block.One, the identification of users and the use of the EOS blockchain in the social network will help to avoid the massive influx of bots, which often affect other members of this niche. Earlier, CEO Block.One Brendan Blamer reported that his company spent about $ 150 million to develop Voice.