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   633

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

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.