SpectroCoin lets users uphold IBAN

A cryptocurrency wallet SpectroCoin launched the possibility for its users to claim International Bank Account Numbers
19 November 2017   1037

SpectroCoin, a cryptocurrency wallet, exchange, debit card, and payment processing provider made an announcement on November 19 stating that both individuals and companies can now get a personal International Bank Account Number, which is part of a standard numbering system intended to identify bank accounts from across the world.

Having IBAN makes SpectroCoin accounts function as any other bank accounts and means that the users will no longer need to use their bank account to link cryptocurrency and fiat payments. It makes it possible to make payments in euros directly from the SpectroCoin account and to make or receive euro transfers to or from third parties securely. 

Currently at SpectroCoin users can receive transactions from any country in the Europen Economic Area using IBANs.

DFINITY to Postpone Internet Computer Launch

The project is currently assessing the time frame for the completion of the MVP
14 December 2018   88

The blockchain project Dfinity reported in its blog postponing the launch of its main product.

Previously, Dfinity chief scientist Dominic Williams said that his company intends to create an “Internet computer that will become cloud 3.0”, compete with Google Cloud and Microsoft Azure, and also change the face of the blockchain industry.

According to him, the project team is developing a technology that has 150 higher performance than Ethereum blockchain and 900 times - Bitcoin. In essence, the project creates a “giant Internet computer”, whose work will be supported not by one company, but by all participants of the Dfinity protocol.

Initially, the release of a minimum viable product (MVP) was planned for the first quarter of 2019. However, according to company representatives, working on a trimmed version may slow down progress in creating a complete product.

The project is currently assessing the time frame for the completion of the MVP. Also, noted in Dfinity, before the end of the first quarter a new set of development tools (SDK) will be released, which will shed light on the future plans of the company.

In August, the Dfinity Foundation attracted $ 102 million of investments in the framework of a closed tokensale. Prior to this, at the beginning of the year, the Dfinity Foundation raised $ 61 million from Andreessen Horowitz and Polychain Capital.