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Major Chinese Bitcoin ( BTC ) mining equipment maker Ebang, which is reportedly getting listed on Nasdaq Global Market later today, is planning to expand its business by setting up a cryptocurrency exchange and mining farms. As told to Cointelegraph by an Ebang representative in a recent interview, the company intends to carve out a unique role in the industry by building “a global blockchain and a digital economy industrial ecosystem.” That would include setting up a cryptocurrency exchange and mining facilities, the spokesperson elaborated:“We will soon establish our own mining farms with [a] flexible cooperation model . as well as mining pools to sell our computing power and we will also start to set up [a] cryptocurrencies trading exchange.”Additionally, the Hangzhou-based company will “explore the application of blockchain technology into financial services, education and healthcare industries.”Getting listed on Nasdaq will help the crypto firm to pursue these plans, the Ebang representative added, since it will supposedly enhance its brand awareness and “attract more talent.” Being a publicly traded company could also help setting up a cryptocurrency exchange:“Credit is the most important point for establishing the cryptocurrencies trading exchange, and a Nasdaq listed company regulated by U. S. Securities and Exchange Commission should be able to strictly control the compliance and safety of the transaction.”Such plans are also documented in filings the company submitted to the SEC, where it described setting a cryptocurrency exchange “in overseas jurisdictions.” Although Ebang is based in China, where cryptocurrency trade is outlawed, its holding company is incorporated in the Cayman Islands. As previously reported by Cointelegraph , Ebang is expected to get listed on Nasdaq Global Market under the ticker EBON later today, on June 26. If the stock exchange launch goes through, it will become the second crypto mining company to go public in the United States after its competitor, fellow China-based firm Canaan. Ebang aims to raise up to $125 million, which could put its market value close to $800 million.
All data is taken from the source: https://cointelegraph.com/
Article Link: https://cointelegraph.com/news/ebang-to-establish-crypto-exchange-and-mining-farms-after-going-public
#exchange #romancurrency #mcovisacard #cryptocurrencynews #cryptocurrencyexchange #cryptonews #cryptoexchange
Learn more about the pillars of Blockchain and the benefits of using this technology.
MoneyLab: Coining Alternatives
Session 1: Monetization of everything
Bill Maurer (US): Closed Loops and Private Gateways: Money, Technology and the Public Interest in Payment
Conference Day 1 (21 March 2014)
From ancient tallies to coins, cards, and now mobile devices, money has always been a matter of technology interfacing with law, with rights and corresponding remedies embedded in institutional arrangements, and with the material form of money and/or its accounts-keeping. A ‘Cambrian explosion in payments’ is currently taking place – a profusion of business experiments with new technologies for the systems that people use every day in physical and online spaces to buy things. It is raising anew questions about the role of the state and public institutions in warranting the clearance, settlement, and safety of retail payments, as well as, more profoundly, the role of the state in warranting money itself. That this Cambrian explosion comes on the heels of the global financial crisis is no coincidence: the financial crisis put the wind back in the sails of alternative currency proponents, ‘sound money’ advocates and gold bugs, as well as others interested in challenging the state’s monopoly over money. How can we understand the public function of payment as a kind of utility in our digital and data-saturated world, especially as ‘big data’ leads many corporate actors to seek to commodify behaviour and activity in a new way, simultaneously creating and enclosing new commons?
EXTERIOR live at Ethereum Nights, Saturday 10th March 2018.
Visuals: Panagiotis Baras
Sharing information on public and private keys that are used in blockchain transactions.
ARTIFICIAL INTELLIGENCE AND
EFFICIENT PUBLIC SERVICES DELIVERY
2nd May 2019 | Bangalore
Session 2: BlockChain in Public Service Delivery
MR MAHESH GOVIND
MR PRASHANT SURANA
Managing Partner, SnapperTech
MR ANKIT RATAN
MS REA ACHALKAR
Partner , VeriDoc
MR MANISH JAIN
Partner, KPMG India
Faireum a public blockchain to resolve the problems of the online gambling industry
Username – sauravrajput
Join us as we explore how #public transport and #tech are intertwined and embedded in our journeys. We will look at how the many different examples of how #blockchain has impacted our lives and what does it bode for the future. These concepts will be broken down within within our #blockchain explained series. #DiverseTakeAways are small snippets of news and views from a number of tech events throughout the year. And finally, we will explore how duplicity thrives in the corporate landscape with our investigative Exposés, so come and explore the world of DiverseCoderTV.