Belfast Launches an Incentive-Based Virtual Currency to Strengthen Local Economy

Belfast beats other cities in the UK to be the first British city to launch an incentive-based digital currency. The city council announced that it is taking a …

Belfast beats other cities in the UK to be the first British city to launch an incentive-based digital currency. The city council announced that it is taking a different approach to tackling the economy and environmental problems in the city.

To launch the new virtual endeavor, Belfast partnered with Colu to create an incentive-based virtual currency that will be awarded to locals for a ‘job well done’ – with ‘job well done’ being relative in this context. According to the city council, this innovative solution will help to bolster the economy and promote green living by empowering local businesses, residents, and partners to adopt certain behaviors. These include strengthening local businesses, practicing safe environmental habits, etc.

By awarding them with the city coin for a ‘job well done,’ they will most likely stick with these ‘behaviors’ that are sure to drive the economic growth in the city.

The city’s coin dubbed Belfast Coin was developed as a part of the city’s participation in The Rockefeller Foundation’s 100 Resilient Cities. Being part of the six cities chosen for the 100RC call (more like a smart city call), Belfast is taking a leap further by creating a city-wide digital coin based on the innovative solutions on Colu’s platform.

The virtual currency, which is proposed to launch later in the year, is aimed at inspiring a tremendous change in both the economic and environmental state of the city. The coin, as an incentive, will inspire locals to support local businesses and shop at independent businesses in the city’s Cathedral Quarter. Additionally, the city authorities plan to use the virtual coin as an incentive to make them perform their civic responsibilities and increase green activities within the city. The coin also promises to unite potential partners, institutions, government authorities and local businesses.

Upon launching the Belfast Coin, the people of Belfast will be able to purchase goods and services using the digital coin. Currently, the city council is working hard to sign up a number of partners and create an ecosystem of stakeholder before the launch of Belfast Coin.

To participate in the ‘smart city’ platform, people are asked to download Colu app and link it to a credit card as a source of payment. Businesses who wish to apply before the launch can do so here. The Belfast Coin was made possible through the city’s partnership with the UK- & Israel-based tech firm, Colu. Colu is known for its zest to make cities thrive by driving social and economic progress through everyday interactions.

I guess the best way to fight economic and environmental challenges is to combine the power of everyone in the city. Great crypto news and Good call!

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HBZ coin (HBZ) Reaches Market Capitalization of $456887.00

Here’s how similar cryptocurrencies have performed in the last day: … traded on these cryptocurrency exchanges: Mercatox, HitBTC, Exmo and Bitlish.

HBZ coin (CURRENCY:HBZ) traded up 4.3% against the dollar during the 24 hour period ending at 20:00 PM ET on May 9th. One HBZ coin token can currently be bought for approximately $0.0006 or 0.00000009 BTC on exchanges including Bitlish, Mercatox, HitBTC and Exmo. HBZ coin has a market cap of $456,887.00 and approximately $53,050.00 worth of HBZ coin was traded on exchanges in the last day. In the last seven days, HBZ coin has traded 5.2% higher against the dollar.

Here’s how similar cryptocurrencies have performed in the last day:

  • Maker (MKR) traded 5.2% lower against the dollar and now trades at $520.78 or 0.08431533 BTC.
  • IOStoken (IOST) traded 0.3% lower against the dollar and now trades at $0.0396 or 0.00000526 BTC.
  • IOST (IOST) traded 1.8% higher against the dollar and now trades at $0.0115 or 0.00000186 BTC.
  • Pundi X (NPXS) traded 2.3% lower against the dollar and now trades at $0.0006 or 0.00000010 BTC.
  • Huobi Token (HT) traded down 3.8% against the dollar and now trades at $2.30 or 0.00037196 BTC.
  • Aurora (AOA) traded down 5.9% against the dollar and now trades at $0.0166 or 0.00000269 BTC.
  • MCO (MCO) traded up 2.8% against the dollar and now trades at $4.39 or 0.00068464 BTC.
  • THETA (THETA) traded down 8.7% against the dollar and now trades at $0.0786 or 0.00001273 BTC.
  • TrueChain (TRUE) traded 8.5% higher against the dollar and now trades at $0.83 or 0.00013388 BTC.
  • Project Pai (PAI) traded down 9.6% against the dollar and now trades at $0.0380 or 0.00000615 BTC.

HBZ coin Token Profile

HBZ coin is a token. It was first traded on February 15th, 2018. HBZ coin’s total supply is 1,005,250,000 tokens and its circulating supply is 782,301,957 tokens. The official website for HBZ coin is www.hbzcoin.com/#. The Reddit community for HBZ coin is /r/HelbizOfficial. HBZ coin’s official Twitter account is @HbZcoin. The official message board for HBZ coin is medium.com/@HBZCoinOfficial.

According to CryptoCompare, “

“A Mobility Ecosystem set to reshape how we get from A to B.”

HBZ is a cryptocurrency and blockchain based transportation ecosystem to seamlessly offer transportation globally from scooters and cars to tolls and international flights through a partner network with ease, full transparency while users maintain full ownership of their personal data.

HBZ’s sophisticated SDK allows any 3rd party to integrate and allow its users to acquire and spend HBZ inside their own application with ease.
Currently, HBZ is active and usable directly within the Helbiz app.

Buying and Selling HBZ coin

HBZ coin can be traded on these cryptocurrency exchanges: Mercatox, HitBTC, Exmo and Bitlish. It is usually not possible to purchase alternative cryptocurrencies such as HBZ coin directly using US dollars. Investors seeking to acquire HBZ coin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase HBZ coin using one of the exchanges listed above.

Receive News & Updates for HBZ coin Daily – Enter your email address below to receive a concise daily summary of the latest news and updates for HBZ coin and related cryptocurrencies with MarketBeat.com’s FREE CryptoBeat newsletter.

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Ripple Price Analysis May 6: Ripple Struggles To Find The Bottom. Will The Bearish Momentum …

The troubles for Ripple are all over after the cryptocurrency has lost a total of 15% over the past 30 days which brings the price for XRP down to the 30 …

The troubles for Ripple are all over after the cryptocurrency has lost a total of 15% over the past 30 days which brings the price for XRP down to the 30 cents area. Ripple is not alone: Litecoin (-20%) and EOS (-13%) both also experiencing losses in the same period.

Ripple remains the third largest amongst the top cryptocurrencies by market cap, as it currently holds a $12.60 billion market cap value. The veteran project is trading for a cost that is -90% lower than its all-time high.

Looking at the XRP/USD 1-Day Chart:

  • Since our previous analysis, we can see that the coin has continued to fail to get back above the resistance of the 100-days moving average line. Over the past few days, the coin had attempted to break above the line but had failed to do so. We can also see that a short-term wedge formation has been starting to form over the past few days.
  • From above: The nearest level of resistance now lies at the upper boundary of the wedge. Above this, further resistance lies at $0.3257 and the 100-day moving average line. If the buyers continue above the 100-days moving average line, further resistance lies at $0.34, $0.35 and $0.3610.
  • From below: The nearest level of support now lies at the lower boundary of the wedge. Beneath the wedge, further support lies at $0.31 and $0.30. If the sellers continue beneath $0.30, additional support lies at $0.29, $0.2811 and $0.2650.
  • The Stochastic RSI oscillator has just gone through a crossover below in overbought territory which could signal a small pullback over the next few days. Similarly, the RSI has failed to break above the 50 levels as the bulls struggle to gain control of the market momentum.
  • The trading volume has been consistently decreasing over the past few days.

xrp_usd_may6-min

Looking at the XRP/BTC 1-Day Chart:

  • Against Bitcoin, we can see Ripple has also fallen further lower beneath support at 5587 SAT and 5297 SAT. The coin has recently found a level of support at 5099 SAT where a small rebound has been seen.
  • From above: The nearest level of resistance now lies at 5300 SAT. Above this, further resistance lies at 5590 SAT, 5790 SAT and 6000 SAT. Further resistance above 6000 SAT lies at 6210 SAT and 6730 SAT.
  • From below: The nearest level of support now lies at 5099 SAT, before reaching the 5000 SAT area. Further support lies at 4830 SAT, 4665 SAT, and 4500 SAT.
  • The RSI has been consistently underneath the 50 level which indicates that the bulls are struggling to gain any form of control of the market momentum but fail to do so, so far.

xrp_btc_may6-min

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Cryptocurrency charts by TradingView. Technical analysis tools by Coinigy.

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Zilliqa (ZIL) May 6, 2019 Weekly Recap: Price Down 9.58%

Since last week, Zilliqa’s price went down by -9.58%. It is below its 20 day moving average by 19.08%, so it’s very far away. Zilliqa’s bullish momentum …

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Price Action

Since last week, Zilliqa’s price went down by -9.58%. It is below its 20 day moving average by 19.08%, so it’s very far away. Zilliqa’s bullish momentum, determined by its distance from its 20 day moving average, is among the worst compared to other cryptocurrencies, and thus may indicate the coin has swung too far and too fast — and may thus be due for consolidation or a bullish correction. Now when considering volatility, Zilliqa is more prone to sizable price moves than 87% of coins in our index, so bear that in mind if you decide to trade it. If volatility over the past three weeks is any indication of what’s to come, we can expect Zilliqa to bounce between 0.01391471 and $0.02318229 US dollars per coin.

Where to trade Zilliqa (symbol: ZIL): Gate, Yobit, Binance, DDEX, Ethfinex

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Volume Update

In the span of the preceding 7 days, Zilliqa’s daily volume, in terms of its own unit of currency, has fluctuated between 65,445,197 and 250,528,021. In the three weeks prior, the trend in volume does not have a clear direction, while the price trend is clearly down. The past 7 days saw Zilliqa’s trading turnover — meaning the percentage of its available supply that was traded — come in at 1.87%. Its turnover rate is more than approximately 59.38% of the cryptocurrencies in our index, so it’s middle-of-the-pack; investors/traders may thus wish to consider their liquidity requirements to make sure the coin matches their needs and their expected trading volume.

Engagement Update

Over the past week, Zilliqa saw its holders go from 37,144 to 36,608, an increase of -1.44%. In terms of blockchain-recorded transactions made by these wallets since their inception, that number changed from 391,299 to 396,438, which translates to growth of 1.31% for the week. The combined engagement growth rate (growth rate in holders plus growth rate in transfers) of Zilliqa is thus at -0.13% which, relatively speaking, is ahead of 0.00% of the cryptocurrencies we’re tracking. This growth rate suggests the coin’s usage is not growing much at all.

Technology Development Status

Zilliqa currently has 17 public repos on GitHub, with the oldest one clocking in at 1.58 years young. Its most recent public update was within the past day, which is pretty good, as it suggests the coin is still under active and rapid technical development. Zilliqa’s repos that are visible to the public collectively have 1096 watchers — specifically, that’s more than 70 % of the top 100 coins we’re looking at. The coin has 166 total outstanding issues across all 17 of its public repositories on GitHub. Relative to the number of watchers it has, though, its open issues count is fairly mediocre. We consider the GitHub open issue/watcher ratio as a potential indicator of the healthiness of a coin’s software development process, and for Zilliqa we see that its issue/watcher ratio looks healthier than 41% of similar coins in our index.

Zilliqa News and Commentary

We found 2 links over the past week about Zilliqa that we thought were especially worth sharing. Where available, we included a snippet of the article that we thought might be interesting.

Introducing the ZIL Cashflow Smart Contract

Excerpt:

The assumption behind cashflow analysis is that if a local variable or a field, is used to represent an amount of ZILs in a certain way in one part of the contract, then that is how that variable should represent an amount of ZILs in all parts of the contract….As _amount is an implicit money variable, c gets the tag Money which eventually flows up to counter, tagging it as Money too….The result of the analysis is a set of tags for different parts of the contract, whereby each tag indicates in what way this particular part of the contract handles ZILs. If the tag indicates inconsistent use, or if the tag does not correspond to what the developer intended, the contract probably contains a bug and should not be deployed in its current form.

BOLT on Binance Chain – Bolt Global

Where to Buy

You can trade Zilliqa, listed under the symbol ZIL, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.

Article by SixJupiter

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HBZ coin Price Reaches $0.0006 on Top Exchanges (HBZ)

HBZ coin can be purchased on these cryptocurrency exchanges: Exmo, HitBTC, Bitlish and Mercatox. It is usually not presently possible to buy …

HBZ coin (CURRENCY:HBZ) traded 0.1% lower against the U.S. dollar during the 24-hour period ending at 14:00 PM E.T. on May 4th. HBZ coin has a market cap of $471,291.00 and approximately $48,284.00 worth of HBZ coin was traded on exchanges in the last 24 hours. Over the last week, HBZ coin has traded up 13.8% against the U.S. dollar. One HBZ coin token can currently be purchased for approximately $0.0006 or 0.00000011 BTC on exchanges including HitBTC, Mercatox, Bitlish and Exmo.

Here is how similar cryptocurrencies have performed over the last 24 hours:

  • Maker (MKR) traded 1% lower against the dollar and now trades at $535.47 or 0.09440719 BTC.
  • IOStoken (IOST) traded down 0.3% against the dollar and now trades at $0.0396 or 0.00000526 BTC.
  • Pundi X (NPXS) traded 2.2% lower against the dollar and now trades at $0.0006 or 0.00000011 BTC.
  • IOST (IOST) traded 8.3% lower against the dollar and now trades at $0.0108 or 0.00000190 BTC.
  • Huobi Token (HT) traded down 1.4% against the dollar and now trades at $2.37 or 0.00041815 BTC.
  • Aurora (AOA) traded down 3.8% against the dollar and now trades at $0.0161 or 0.00000284 BTC.
  • THETA (THETA) traded 6.3% lower against the dollar and now trades at $0.0894 or 0.00001576 BTC.
  • MCO (MCO) traded up 2.8% against the dollar and now trades at $4.39 or 0.00068464 BTC.
  • Project Pai (PAI) traded down 4.9% against the dollar and now trades at $0.0397 or 0.00000700 BTC.
  • TrueChain (TRUE) traded down 2.5% against the dollar and now trades at $0.67 or 0.00011808 BTC.

About HBZ coin

HBZ is a token. Its genesis date was February 15th, 2018. HBZ coin’s total supply is 1,005,250,000 tokens and its circulating supply is 782,301,957 tokens. HBZ coin’s official website is www.hbzcoin.com/#. The official message board for HBZ coin is medium.com/@HBZCoinOfficial. The Reddit community for HBZ coin is /r/HelbizOfficial. HBZ coin’s official Twitter account is @HbZcoin.

According to CryptoCompare, “

“A Mobility Ecosystem set to reshape how we get from A to B.”

HBZ is a cryptocurrency and blockchain based transportation ecosystem to seamlessly offer transportation globally from scooters and cars to tolls and international flights through a partner network with ease, full transparency while users maintain full ownership of their personal data.

HBZ’s sophisticated SDK allows any 3rd party to integrate and allow its users to acquire and spend HBZ inside their own application with ease.
Currently, HBZ is active and usable directly within the Helbiz app.

HBZ coin Token Trading

HBZ coin can be purchased on these cryptocurrency exchanges: Exmo, HitBTC, Bitlish and Mercatox. It is usually not presently possible to buy alternative cryptocurrencies such as HBZ coin directly using U.S. dollars. Investors seeking to trade HBZ coin should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy HBZ coin using one of the exchanges listed above.

Receive News & Updates for HBZ coin Daily – Enter your email address below to receive a concise daily summary of the latest news and updates for HBZ coin and related cryptocurrencies with MarketBeat.com’s FREE CryptoBeat newsletter.

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