RChain to launch testnet

RChain is organizing RCon3 event on September 3-4 with a testnet launch as part of the event
19 June 2018   1359

RCon3 assembles dApp developers, investors and researchers to introduce the RChain platform and the chance to participate in the launch of the RChain testnet on September 3. The event will feature 4 tracks:

  • technology;
  • blockchain solutions;
  • research;
  • development

Highlights of the program include practical workshops for dApp developers, launch of the RChain testnet, demonstration of the Rhoc/Rev swap and key signing parties. RChain testnet launch section is going to encompass informational sessions for validators and investors on PoS economics, infrastructure requirements and system engineering.

More information is available here. RChain market characteristics at the moment of publication are as follows:

Average price 1.02 USD
Market cap 367,919,886 USD
Volume (24H) 745,146 USD

Bakkt to Release Consumer App This Year

The app can be used for a wide range of tasks, e.g., crypto and securities trading, virtual goods purchase, etc
23 January 2020   101

Institutional Investor Platform Bakkt will release an app for retail investors this year, with which users can pay with cryptocurrency.

According to the president of Bakkt Adam White at the World Economic Forum in Davos, the application can be used for a wide range of tasks. In addition to trading cryptocurrencies, it will support various virtual “goods” like points of loyalty programs.

In addition, in the future it is possible to add securities trading, as well as the creation of a portal for shops and merchants. That is, the application will be more like a traditional fintech product like PayPal than a solution from a cryptocurrency exchange.

Although the Bakkt platform was originally created for institutional investors, the new director of Mike Blandina is very serious about entering the retail market. Earlier, he said that the application for retail investors should be released in the first half of 2020.

I do not think we are there yet. What gives me optimism is that we are seeing a lot of developer interest. I am confident that someone is going to find something.

 

Adam White

President of Bakkt

 White added that the cryptocurrency market is still underdeveloped.