Real Estate on the Caribbean coast is available for sale for 600 BTC 246

Real Estate on the Caribbean coast is available for sale for 600 BTC

Have you ever dreamt of having a small personal heaven on Earth? If yes, then you should definitely take a closer look at a 13-acr piece of land on an island in the Caribbean.

Union Island is a part of the nation of Saint Vincent and the Grenadines and this is where you can purchase a real estate for 600 Bitcoins. Today the company Bloody Bay has announced that it sales a land property with an area of 52609 square meters for 600 bitcoins. This price already covers a new stone house built by the company Seth Stein Architects. A balcony or a big full glass facade can also be built. Union Island has more than 3000 residents including some rather famous people. For instance, you can have Mick Jagger, Richard Branson or Madonna in your neighborhood. Architectural Digest reports that the company Bloody Bay accepts only bitcoin payments.

Applications offering more than 600 Bitcoins (almost $7.5 million) will be rejected. This means that a potential purchaser should be a miner or an investor.

Considering the fact that bitcoin rate increases every day and has already broken its all-time record several times within only a few months, the cost of this real estate on Union Island is anticipated to increase.

It wouldn’t be the first time when blockchain technology is used in the real estate sector. In October an investment company listed a villa for sale in London. Its price was set in fiat money but there was a possibility to pay Bitcoin equivalent.

Currently several countries are developing special programme to introduce blockchain in their land registry systems.

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The UN Will Cooperate With the IOTA to Increase the Productivity of its Work 826

The UN Will Cooperate With the IOTA to Increase the Productivity of its Work

The UN branch, called the United Nations Office for Project Services (UNOPS), will work with the IOTA to improve the management of UN records using the distributed IOTA open-source ledger.

The announcement of the partnership came out on Tuesday, the 22nd of May. The co-founder of IOTA Dominik Schiener supported the idea of ​​cooperation by saying:

“We are thrilled to begin working together with UNOPS and to tackle current and future challenges together. The IOTA Foundation is fully committed to putting the IOTA Tangle to work on behalf of important humanitarian and development causes.”

The technology is going to advance administering and validating important documents, provide a real-time transaction system. The goal of the project is to include all connected devices by checking the accuracy and transactional calculations that contribute to the development of these devices in order to provide their properties and data in real time, which is one of the features why the UN chose IOTA for cooperation.

The special adviser on the blockchain technology at UNOPS, Yoshiyuki Yamamoto, said that the ledger can work with batteries or alternative charging methods, which can be very useful for territories that do not have constant access to the Internet or even electricity.

As this collaboration will become a kind of experiment, Yamamoto is not sure how long it will take to fully implement the IOTA technology. He said that it depends on many factors, which include the complexity of the problem, the type of software, the user’s participation, so the results will be difficult to predict.

In the nearest future, IOTA technology will be supported by IoT devices that do not have high processing power requirements.

The UN considers this technology very promising, arguing that the organization would not cooperate with the project unless it proved its potential.

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Coinbase Exchanged the GDAX Platform For Paradex 361

Coinbase 将GDAX 改名Coinbase Pro

The GDAX cryptocurrency platform will cease its operations, while a new one called Coinbase Pro will be launched to serve individuals whose core business is trading in cryptocurrencies. The announcement was made by representatives of the American cryptocurrency exchange Coinbase.

The Coinbase Pro developers have left the same tools that were used with its predecessor GDAX and also added new ones. For example, the system of placement and cashing of funds will be simplified at the new platform. Users will also have access to advanced analytics and will be able to post their portfolio on the updated corresponding page.

Moreover, the cryptocurrency exchange purchased the decentralized platform Paradex, functioning on the 0x protocol. GDAX plans to launch its own digital coin Wallet Coinbase, which will provide the opportunity to trade with hundreds of tokens. The new wallet will be included in the new platform in a few weeks and is available to US cryptocurrency exchange customers.

We remind you that the company Coinbase announced the release of new products in mid-May, which is targeted at institutional investors. During the announcement, such products as Coinbase Institutional Coverage Group, Coinbase Custody, Coinbase Prime and Coinbase Prime were presented.

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