Factom to hold blockchain hackathon

Factom is hosting a Blockchain vs Paper Hackathon Showdown on June 9 and 10 to create killer apps against paper
22 May 2018   1758

A practical blockchain platform for digital assets Factom will organize a hackathon on June 9 through June 10. Blockchain experts and beginners alike will join forces to build exciting blockchain applications. Participants are going to be tasked to utilize Factom blockchain and data from it to create solutions instead of storing the data on paper.

Team members can participate remotely as long as at least one member is present in person. Prizes are as follows:

  • 1st place – USD 2,000;
  • 2st place – USD 1,000;
  • 3rd place – USD 500

A jury of industry experts and professionals at Factom will decide the winners. The demo sessions will have a structure of 5-minute pitch to a panel of judges followed by a 5-minute Q&A. Food and beverages will be provided at the venue that is Capital Factory. More details about the event can be found at Eventbrite page here. At the moment of publication, Factom market characteristics are as follows:

Average price 20.32 USD
Market cap 177,668,990 USD
Volume (24H) 1,432,480 USD

PwC to Represent Crypto Analysis Tool

Halo aims to provide warranty services to cryptocurrency transactions, in particular, the solution helps to create independent evidence for private-public key pairs
20 June 2019   74

One of the world's largest consulting firms, PricewaterhouseCoopers (PwC), announced the launch of an updated audit solution that supports cryptocurrency assets. This is stated in the press release of the company.

A tool called Halo aims to provide warranty services to cryptocurrency transactions. In particular, the solution helps to create independent evidence for private-public key pairs, which is one of the elements necessary for establishing cryptocurrency ownership rights.

In addition, Halo can collect information about transactions and balances on the blockchain.

As noted in the statement, the decision can be used by companies for which PwC is not an auditor. The initiative should help them try new opportunities and solve problems related to the blockchain and cryptocurrencies.

Currently, PwC can use the updated tool to provide warranty services to customers operating Bitcoin, Bitcoin Cash, Bitcoin Gold, Bitcoin Diamond, LiteCoin, Ethereum, Ripple (XRP), as well as the ERC-20 OAX token.

PwC has been showing quite a strong interest in the cryptocurrency industry for several years now. So, in 2017, the company began accepting payments in Bitcoins, and last year began to develop new standards for the ecosystem of digital assets and stablecoats.