Ethereum Blockchain to modernize the oil and gas industry

Now with the help of Ethereum blockchain based platform, it would be possible for many of the stakeholders in the oil and gas industry in order to water ?and get the services as well. This would completely revolutionize the oil and gas industry and ensure that proper services are provided to the various …

Ethereum blockchain to modernize the oil and gas industry

The oil and gas industry is in drastic need of modernization. There are quite a few processes which are done manually still in the oil and gas industry. Even though, the turnover of oil and gas industries is in billions of dollars but still, all over the world there is no single marketplace where the oil and gas industry can synchronize and provide various services as well.

Now with the help of Ethereum blockchain based platform, it would be possible for many of the stakeholders in the oil and gas industry in order to water ?and get the services as well. This would completely revolutionize the oil and gas industry and ensure that proper services are provided to the various stakeholders as well.

Consensys and Amalto are the 2 companies who have actually entered a joint venture in order to create such a platform. With the help of such a platform, it would be easier for the oil and gas industry to pay and order the services which they need. Moreover, the sources can be easily exchanged with the help of this Ethereum based platform. This would actually make it easier to introduce efficiency in the oil and gas industry. When proper efficiency is introduced in the oil and gas industry, the profits of the various stakeholders would increase significantly as well.

Moreover, owing to the fact that the blockchain based platform would work on complete transparency, you can be sure that enhanced efficiency would also be introduced in the oil and gas industry. This is another advantage of such a platform.

Currently, however, the platform is not live. It is expected to go live within this calendar year. Many of the companies in the oil and gas space are actually looking towards such a platform which would help them use the blockchain technology in order to make their systems more efficient. This would also help them add to their profits as proper efficiency would be introduced.

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The 2 companies have actually tied up in order to create such a platform and have executed plenty of such assignments in the past as well and have created cloud-based platforms as well. This JV, however, would work on the blockchain-based technology which would make it easier for the companies to provide services in real-time. The stakeholders would be able to get verification of all the services in real-time. Thus, the level of security and transparency which would be provided would be much more.

Bitcoin(BTC)
11735.4
5.4%
Ethereum(ETH)
1235.93
15.29%
Ripple(XRP)
1.2942
7.68%
Bitcoin Cash(BCH)
1723.79
7.81%
Cardano(ADA)
0.661605
8.71%
Litecoin(LTC)
188.354
5.98%
NEM(XEM)
1.01995
18.76%
IOTA(MIOTA)
2.5037
3.71%
Dash(DASH)
792.229
3.28%
Monero(XMR)
333.286
4.76%

Disclaimer: Smartereum does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.Investing in cryptocurrencies and other Initial Coin Offerings (“ICOs”) is highly risky and speculative, and this article is not a recommendation by Smartereum or the writer to invest in cryptocurrencies or other ICOs. Since each individual’s situation is unique, a qualified professional should always be consulted before making any financial decisions. Smartereum makes no representations or warranties as to the accuracy or timeliness of the information contained herein. As of the date this article was written, the author owns small amounts of cryptocurrency.

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Pay with Ethereum, Bitcoin: Cryptocurrencies can be used to pay rental in San Francisco (Beenest …

Up until now, the use of cryptocurrencies has been limited to the online world. However, more and more start-ups are actually trying to enable the users to use cryptocurrencies for off-line transactions as well. One such startup Bee Token would actually create the rental marketplace for the shorter term.

Up until now, the use of cryptocurrencies has been limited to the online world. However, more and more start-ups are actually trying to enable the users to use cryptocurrencies for off-line transactions as well. One such startup Bee Token would actually create the rental marketplace for the shorter term. Users would be able to pay in Bitcoin as well as Ethereum in this marketplace.

Bee Token

This would actually create a link between the off-line world as well as the online world when it comes to the usage of cryptocurrencies. Moreover, since the platform would be based on the blockchain, it would be easier to process the transactions as well. The landlords would also be able to get the money instantly which would ensure that they are able to liquidate the tokens and they are able to convert it into Fiat currency. Moreover, since the platform would be connecting the tenants as well as landlords, there would be no middlemen. This would lead to saving for both. Also, the landlords would be able to approve the applications of the tenants as well. This would make it much easier for the landlords to get the right tenant as well.

Moreover, the platform would not be charging direct commissions as well. This is another reason why the cost would be on the lower side. Only on the transactions, a small fee of 2% would be charged in order to provide insurance to the landlord. This is actually a win-win situation for the tenants as well as the landlord. This is one of the main reasons why this platform is expected to get a lot of traction as well.

Moreover, it would provide short-term rentals as well which would make it easier for the tenants to stay in cities for a shorter duration of time. It would also attract the businessmen demographic as well which would make it easier for most of the businessmen to get a place for a shorter period of time.

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Beenest is starting a small pilot program

Beenest is starting a small pilot program in the next 2 months. This would indeed help its platform as well as technology. With the help of this pilot test, the platform can be easily scaled up as well which would ensure that more and more tenants, as well as landlords, can be attracted to the platform which would increase the value of the platform as well as the token.

This would be a crucial link between the off-line world as well as the world of cryptocurrencies as users would be able to directly spend in cryptocurrencies in order to opt for shorter term rentals.

Bitcoin(BTC)
11735.4
5.4%
Ethereum(ETH)
1235.93
15.29%
Ripple(XRP)
1.2942
7.68%
Bitcoin Cash(BCH)
1723.79
7.81%
Cardano(ADA)
0.661605
8.71%
Litecoin(LTC)
188.354
5.98%
NEM(XEM)
1.01995
18.76%
IOTA(MIOTA)
2.5037
3.71%
Dash(DASH)
792.229
3.28%
Monero(XMR)
333.286
4.76%

Disclaimer: Smartereum does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.Investing in cryptocurrencies and other Initial Coin Offerings (“ICOs”) is highly risky and speculative, and this article is not a recommendation by Smartereum or the writer to invest in cryptocurrencies or other ICOs. Since each individual’s situation is unique, a qualified professional should always be consulted before making any financial decisions. Smartereum makes no representations or warranties as to the accuracy or timeliness of the information contained herein. As of the date this article was written, the author owns small amounts of cryptocurrency.

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From January 27-28 Bitcoin Gold (BTG) has risen more than 7.47%

Bitcoin Gold is a fork of the Bitcoin blockchain that occurred at block 491407. It implements a new PoW algorithm, Equihash, which makes it ASIC-resistant and can only be mined by GPUs rigs. The purpose of Bitcoin Gold is to make mining decentralized again following Satoshi Nakamoto’s vision of “1 …

January 28, 2018 – By wolcottdaily

It was good day for Bitcoin Gold (BTG), as it jumped by $13.70 or 7.47%, touching $197.12. Crypto Experts believe that Bitcoin Gold (BTG) is looking for the $216.83 goal. According to 5 analysts could reach $462.94. The highest price was $199.23 and lowest of $173.92 for January 27-28. The open was $183.42. It last traded at Bitfinex exchange.

Exchange Buy Sell BTG At Best Rate


BUY – SELL – EXCHANGE Bitcoin Gold (BTG) AT BEST RATE Aproximately 39,803 BTG worth $7.49M was traded.

For a month, Bitcoin Gold (BTG) tokens went down -22.08% from $252.99 for coin. For 100 days BTG is up 0.00% from $0.00 (non existent). It traded at $0.00 (non existent) 200 days ago. Bitcoin Gold (BTG) has 16.89 million coins mined with the market cap $3.33B. It has 21.00 million coins in circulation. It was founded on 25/10/2017. The Crypto BTG has PoW proof type and operates under Equihash algorithm.

Bitcoin Gold is a fork of the Bitcoin blockchain that occurred at block 491407. It implements a new PoW algorithm, Equihash, which makes it ASIC-resistant and can only be mined by GPUs rigs. The purpose of Bitcoin Gold is to make mining decentralized again following Satoshi Nakamoto’s vision of “1 CPU = 1 vote”.

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OKCash Price Hits $0.45 (OK)

OKCash has a market cap of $32.97 million and approximately $913,126.00 worth of OKCash was traded on exchanges in the last day. One OKCash coin can currently be bought for approximately $0.45 or 0.00003856 BTC on major cryptocurrency exchanges including LiteBit.eu, Bittrex, Cryptopia and …

OKCash logoOKCash (CURRENCY:OK) traded 5.9% higher against the dollar during the 24-hour period ending at 8:00 AM Eastern on January 28th. OKCash has a market cap of $32.97 million and approximately $913,126.00 worth of OKCash was traded on exchanges in the last day. One OKCash coin can currently be bought for approximately $0.45 or 0.00003856 BTC on major cryptocurrency exchanges including LiteBit.eu, Bittrex, Cryptopia and Bleutrade. In the last seven days, OKCash has traded down 10.7% against the dollar.

Here is how other cryptocurrencies have performed in the last day:

  • SaluS (SLS) traded up 3.5% against the dollar and now trades at $72.45 or 0.00624377 BTC.
  • ECC (ECC) traded 27% lower against the dollar and now trades at $0.0026 or 0.00000022 BTC.
  • VeriCoin (VRC) traded down 12.2% against the dollar and now trades at $1.72 or 0.00014804 BTC.
  • PoSW Coin (POSW) traded up 4.6% against the dollar and now trades at $0.92 or 0.00007886 BTC.
  • Gambit (GAM) traded 9.1% lower against the dollar and now trades at $26.01 or 0.00224141 BTC.
  • LoMoCoin (LMC) traded up 3.2% against the dollar and now trades at $0.11 or 0.00000905 BTC.
  • Linda (LINDA) traded up 4% against the dollar and now trades at $0.0039 or 0.00000033 BTC.
  • Sphere (SPHR) traded 2.9% higher against the dollar and now trades at $6.01 or 0.00051803 BTC.
  • FirstCoin (FRST) traded 0.1% higher against the dollar and now trades at $7.19 or 0.00061946 BTC.
  • RussiaCoin (RC) traded 6.4% higher against the dollar and now trades at $1.48 or 0.00012730 BTC.

OKCash Coin Profile

OKCash (CURRENCY:OK) is a PoW/PoS coin that uses the Scrypt hashing algorithm. It launched on November 24th, 2014. OKCash’s total supply is 73,689,383 coins. The official message board for OKCash is okcashtalk.org. The Reddit community for OKCash is /r/OKCash and the currency’s Github account can be viewed here. The official website for OKCash is okcash.co. OKCash’s official Twitter account is @OKCashCrypto and its Facebook page is accessible here.

According to CryptoCompare, “The “OK” name got selected to represent the new brand precisely because it reflects properly the coin’s goals and attitude. OK is one of only 2 words in the whole world that requires no translation at all to be understood, giving it the potential for mainstream adoption without the hassle of trying to integrate the new name to different cultures. “OK” is understood the whole world over.OK reflects a positive outcome, speed and empathy. Security and user experience are the first thoughts behind any update or code modification. The addition of the word “cash” was made to give it direct inclusion into the financial sector and to communicate the whole concept in a word: “OKCash”.Anybody who hears this word gets an overall concept or general idea of what it is about. OK is the technology while OKCash is the first application of this technology, being the coins we can send or put in our wallets for saving, spending or sharing. OKCash’s rebranding was done in April 2015, and since then the OK cryptocurrency has been added to one of the largest cryptocurrency exchanges – Bittrex. This adds to the list of exchanges where the coin is already trading (Bittrex, Bleutrade, Cryptopia ). “

OKCash Coin Trading

OKCash can be bought or sold on these cryptocurrency exchanges: Bittrex, Bleutrade, Trade Satoshi, Cryptopia and LiteBit.eu. It is not possible to purchase OKCash directly using US dollars. Investors seeking to trade OKCash must first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase OKCash using one of the exchanges listed above.

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Golos (GOLOS) Price Reaches $0.29 on Major Exchanges

Golos has a market capitalization of $36.47 million and $200,885.00 worth of Golos was traded on exchanges in the last day. One Golos coin can now be bought for approximately $0.29 or 0.00002491 BTC on exchanges including Bittrex and Livecoin. During the last week, Golos has traded 2.7% higher …

Golos logoGolos (CURRENCY:GOLOS) traded up 0.5% against the U.S. dollar during the 24-hour period ending at 7:00 AM E.T. on January 28th. Golos has a market capitalization of $36.47 million and $200,885.00 worth of Golos was traded on exchanges in the last day. One Golos coin can now be bought for approximately $0.29 or 0.00002491 BTC on exchanges including Bittrex and Livecoin. During the last week, Golos has traded 2.7% higher against the U.S. dollar.

Here is how related cryptocurrencies have performed during the last day:

  • Electroneum (ETN) traded 0.7% lower against the dollar and now trades at $0.11 or 0.00000900 BTC.
  • Ripio Credit Network (RCN) traded 0.7% lower against the dollar and now trades at $0.32 or 0.00002722 BTC.
  • Elastic (XEL) traded 7.4% higher against the dollar and now trades at $0.56 or 0.00004743 BTC.
  • Bismuth (BIS) traded 7.8% higher against the dollar and now trades at $3.54 or 0.00030076 BTC.
  • Bytecent (BYC) traded 2.8% higher against the dollar and now trades at $1.48 or 0.00012603 BTC.
  • Woodcoin (LOG) traded flat against the dollar and now trades at $0.24 or 0.00002179 BTC.

About Golos

Golos uses the hashing algorithm. It launched on September 22nd, 2016. Golos’ total supply is 124,518,891 coins. Golos’ official message board is vk.com/goloschain. The official website for Golos is golos.io. Golos’ official Twitter account is @goloschain and its Facebook page is accessible here.

According to CryptoCompare, “Blockchain-based social network for Russian-speaking people. It is a spin-off from the Steemit system. Steem owns 10% of the Golos. “

Buying and Selling Golos

Golos can be traded on these cryptocurrency exchanges: Bittrex and Livecoin. It is not currently possible to buy Golos directly using U.S. dollars. Investors seeking to trade Golos must first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Golos using one of the exchanges listed above.

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