A new quantitative analysis model launched in China

Once a new model of Beijing-based cryptocurrency exchange Huobi has been recently released, it immediately caught the attention of exchange analytics who are analysing its efficiency at the global market.
23 June 2017   731

A Going by notable views at the moment,Huobi,  the First “Big Three” Chinese Exchange, has  successfully rolled out a new quantitative analysis model that may be a breakthrough  after a long-lasting freeze in China's bitcoin exchange world due to its visible at the first sight advantages such as different blockchain-based currencies and a bunch of variables.

Named SMARTChain, this promising data model is designed with support from academics of Tsinghua University. It’s eventually based on five variables for the analysis:

Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks

  • a blockchain relevance for real-life applications;
  • its public and media attention; its trading volume;
  • its credibility and risk for inflation;
  • its technological design.

The Huobi Blockchain Research Center assumes that this high-potential model assigns scores to each blockchain in order to generate a final top-10 ranking.

The points of the world's largest cryptocurrencies  Bitcoin, Ethereum and Litecoin would respectively reach up to  88.07, 70.67 and 69.62. As for Ripple and Ethereum Classic, they could turn out to be the  fourth and fifth.

According to the tool's creators, the scores draw an approximate representation how much potential these cryptocurrencies have as a long-term investment.Interestingly, these three top tokens could also be traded along with Litecoin and Bitcoin.

Although the SMARTChain has just been launched, it is not yet certain whether this model is a robust, on-premise solution.

Swansea Hosts Blockchain and Distributed Energy Conference

The BEW'18, which will be held on February 19, 2018 in Swansea, UK, is a must-attend for people who are interested in the cutting edge of blockchain
19 February 2018   179

The Blockchain Energy Wales'18 Conference will be held on February 19, 2018 in Swansea, United Kingdom.

The conference will introduce Klenergy and their Pylon Network, which is a decentralised energy exchange platform powered by renewable energy. The BEW'18 is a must-attend for people who are interested in the cutting edge of blockchain, distributed energy, peer2peer and smart technology.

BEW conference location swanseaBEW'18 Exact Location

Location: TechHub Swansea, 221 Stryd Fawr, Swansea SA1 1NW, UK
Time: from 9AM to 1.30PM

The headline speakers include Paul Harwood, Basicincome supporter and advocate, and David Clubb, director of RUKCymru and head of digital RenewableUK.

The agenda of the conference is as follows: Blockchain technology and its application in the energy sector, future of blockchain wallet systems, buildings as power stations, building the open-source co-operation protocol for the energy sector, and more.