VeChain and Chinese firm partner to manage digital publication

VeChain announced partnership with Hubei Sanxin Cultural Media Ltd. to manage digital publication industry using VeChain Thor blockchain technologies
08 January 2018   1798

Hubei Sanxin Culture Media Co., Ltd. is headquartered in Wuhan East Lake High-Tech Development Zone, in Hubei Province, and it integrates sales modes with various types of library resources, integrates the library management and service system products to form a complete library service system.

On January 6, VeChain has made an announcement stating that it partnered with Hubei Sanxin Cultural Media Ltd. to develop a series of solutions using VeChain Thor blockchain technologies for the proof of origin, the supply chain management and the accounting of digital publication and digital books distributed by Hubei Sanxin Cultural Media Ltd.

At the moment of press, these are main market parameters of VeChain:

  • Average price: $4,20
  • Marketcap: $1 164 773 195
  • 24h volume: $133 023 000

Sparkpool to Freeze $300k Reward

As reported, pool suggests that such a high commission could have been paid by someone in error and is considering the possibility of a refund
20 February 2019   69

The Sparkpool mining pool decided to freeze the remuneration in the amount of 2,103,1485 for the extraction of block # 7,238,290. The management of the organization suggests that such a high commission could have been paid by someone in error and is considering the possibility of a refund, CoinDesk reports.

The head of the Sparkpool Xin Xu argues that users of the pool understand and agree with the decision, given the size of the amount involved.

Unfortunately, and fortunately, blockchain is so far not completely run by machines; human are still involved. So we have an opportunity to correct the problem. Integrity is our pool’s priority.
 

Xin Xu

CEO, Sparkpool

While some users suggested that a large commission was paid by mistake, others admitted that this could be a goodwill gesture from an anonymous donor to the community of the miner or even an attempt to launder money through the blockchain cryptocurrency.