Wanchain holds a meetup in Tokyo

Wanchain Foundation Ltd. is hosting a meetup session in Tokyo on April 6 to share its vision and power
01 April 2018   560

Japan was chosen to be the first stop of Wanchan ecosystem world tour. On April 6 in Tokyo the project is hosting a meetup event. Wanchain is going to share its vision and power. Specifically, in the light of the recent inclusion of 3 vertical applications into Wanchain ecosystem, the project will introduce the applications and give insights on the coming ICOs of each of them. Those are: AllSpark (knowledge sharing platform connecting user-generated content, We-media and advertisers), GameBank (open and transparent gaming blockchain) and UTour Chain (tourism chain to design user's own travel plan). The hosting venue will offer snacks and beverages for all the attendees. The schedule of the event goes as follows:

  • 18:30-19:00 Onsite Registration
  • 19:00-19:30 Presentation by Jack LU, Founder of Wanchain
  • 19:30-20:00 AllSpark Project Introduction,by Kevin McKenzie Cook, President of AllSpark
  • 20:00-20:30 UTour Project Introduction,by Bowen LU, Co-founder of UTour
  • 20:30-21:00 GameBank Project Introduction,by Joey Huang, Co-founder of GameBank
  • 21:00-21:30 Free Discussion on Wanchain and Its Three Projects Issues

Wanchain is trying to connect all the chains in the future with its own cross-chain protocol. Being a public chain the project provides an ecosystem for vertical LANchains to encourage the adoption of the blockchain technology. Recently, Wanchain has proved to be one of the most visible and reliable public blockchain worldwide.

As of the moment of the publication, the market parameters for Wanchain are as follows:

Average price: $2.95

Volume (24H): $6,631,440

Bakkt to be Launched in December

It is also reported that Goldman Sachs does not plan to create custodial cryptocurrency solutions based on the Bakkt infrastructure
19 October 2018   53

The expected launch of the Bakkt will take place on December 12 of this year. It is reported by The Block, citing informed sources.

Also, the material states that the investment bank Goldman Sachs does not plan to create custodial cryptocurrency solutions based on the Bakkt infrastructure. At the same time, the bank is considering the possibility of trading futures on a new platform.

In a recent Fortune interview with Bakkt, Kelly Lofler said that the cryptocurrency market is on the verge of a revolution comparable in size to the one that occurred on the energy market in the early 2000s.

Greater institutional participation in the digital asset markets requires secure and regulated custody solutions. We are impressed by BitGo’s product, unique services, and the management team. We view our investment in BitGo as an exciting opportunity to contribute to the evolution of this critical market infrastructure.

Rana Yared

Managing director, Goldman Sachs’ Principal Strategic Investments group

Bakkt is a cryptocurrency unit of the Intercontinental Exchange (ICE), which is the operator of the New York Stock Exchange. Giants such as Microsoft and Starbucks are taking part in creating of the new project, which is positioned as an “ecosystem for digital assets”.

The new platform will offer deliverable bitcoin futures to the market (unlike the settlement contracts for CBOE and CME, these are based on the underlying asset). The platform will support multiple fiat currencies.