Lightning Jukebox by Blockstream Presented

Lightning Network brings new life to a classic machine
29 March 2018   328

Blockstream introduced the final Lightning application within the "LApps Week" - the Lightning Jukebox. As the developers note, the application is more entertaining - it is intended to serve as a good example of how even such an archaic device can be upgraded with the help of Lightning Network technology.

Lightning Jukebox - a modern version of jukeboxe, which can usually be found in bars and other similar establishments. For a modest fee, visitors can choose and include their favorite song. The main differences between LApp and traditional mechanical devices are payment using the Lightning Charge system and QR code, and the terminal plays not only audio, but also video-music tracks are broadcasted from YouTube.

The developers note that the Lightning Jukebox is a great example of creating Lightning Charge applications. The program consists of only 128 lines of code and demonstrates how easy it is to integrate a system of micropayments based on Lightning. In addition, LApp provides an overview of how services can be monetized in the Lightning Network.

Line to Launch Bibox Exchange in Singapore

Bitbox supports 28 digital currencies, including Bitcoin, Ethereum, USDT, XRP, Litecoin, Ethereum Classic, Bitcoin Cash, Bitcoin Gold, MonaCoin, Qtum and Golem
16 July 2018   140

One of the most popular messengers in Asia Line has launched a Bitbox exchange in Singapore. Trading on the platform started this morning and is limited to pairs with crypto-currencies, Cryptovest reports.

Bitbox supports 28 digital currencies, including Bitcoin, Ethereum, USDT, XRP, Litecoin, Ethereum Classic, Bitcoin Cash, Bitcoin Gold, MonaCoin, Qtum and Golem.

BITBOX is only for trading cryptocurrencies (Digital Tokens). Fiat currencies (USD, KRW, etc.) cannot be exchanged on BITBOX.
 

Bitbox Website

Bitbox charges a 0.1% commission and supports 15 languages, including English, Korean, Chinese, Spanish, French and German. In Russia, the US, Japan and some other countries, the exchange is not available.

At the beginning of the year, Line Group applied for a license to the Japan Financial Services Agency, but the process dragged on because of tightening of the regulator's requirements in the light Coincheck exchange hack. All crypto exchange, wishing to provide services in the Japanese market, are required to obtain permission from the local regulator.

Currently, Line is also in the process of obtaining a license in the US. The company decided to open its first trading platform for crypto-currencies in Singapore, as this city-state adheres to a progressive approach to the regulation of the digital currency sphere.

With cryptocurrency, we are going to take our challenge in financial services global.
 

Takeshi Idezawa

CEO, Line

In May, Line Group denied rumors that it intends to release its own token and distribute it through the ICO. Every month Line is used by about 200 million people. The messenger is extremely popular in Japan, South Korea and Thailand.