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IOHK Launches Cardano at Fintech DApps

The Cardano (ADA) block chain can soon join Ethereum and EOS as a platform for decentralized applications. IOHK, the leading developer of eleventh most valuable block chain, announced the launch of new tools for writing smart contracts, potentially opening the platform for development through startups, fintech and academia.

The instruments were given the Cardano-esque names of Plutus and Marlowe. Plutus is a general purpose programming language for creating secure dApps for the fintech industry, called the God of Wealth. The Haskell-based language is accompanied by a blockchain emulator to allow new contracts to be explored and tested before being deployed into the block chain. The second tool is Marlowe, the non-programmer's emerald SDKIt is designed to help generate similar code. In a press release, Marlowe was described as programla an easy-to-use tool mak for non-coders to create financial smart contracts without having to understand the complexities of programming.

CEO Charles Hoskinson,

, We are excited to launch the test seats of Plutus and Marlowe so developers, finance professionals and academics can test how they can use intelligent contracts in Cardano “

said.

”Both technologies are an important step for the blockchain industry.“

Cardano

Making Blockchain to Keep Money Safe

Although finance is a popular use for smart contracts, a few people People can rely on programs written by people. Solidity, the language of Ethereum smart contracts, also includes some errors that allow an unknown hacker to hack $ 50 million in TheDAO's contract. Lately, the ICO's fund of about $ 100 million could not be reached due to defects in the Parite wallet.

These are the problems that Cardano designed to solve according to Hoskinson in the creation of Ethereum. The new tools an have been meticulously designed by a team of leading experts in the design of programming languages, Yeni

Dolar with a view to reducing the variety of software errors that led to massive losses of hundreds of millions of dollars. ”Also said.

IOHK Programming Languages, Philip Wadler kr IOHK, a unique performance among companies with crypto-money. Wadler said that while programming for Ethereum needed both Solidite and Javascript knowledge, Plutus used a single integrated language.

Ğ [Plutus's] core language for the on-chain code was kept very simple to make it ready for the future, “he added.

“We have a team of world-leading researchers and developers who design, implement and formalize Plutus.“

Despite being late for the race, focusing on academic challenges and mathematical certainties can help Cardano catch up with legacy platforms for decentralized applications.

When Cardano starts full decentralization in 2019, IOHK hopes that Plutus and Marlowe will be at the center of the next generation of enterprise dApps.

Related Topics:blockchain cardano dapps I Etherea IOHK SDKs

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Industry News

SEC Accuses 5 Insiders of BitConnect for Illegal Promotion

SEC, Yasadışı Tanıtım’dan BitConnect İçerisinden 5 Kişiyi Suçladı

About the five people at BitConnect SECIt said it “violated Federal Securities laws.”

The SEC's complaint is that “persons who support the BitConnect Program are sold without registering the Securities with the Commission and registering as a broker-dealer with the Commission as required by law.” BitConnect's lending program is said to encourage people to invest in potential investors, including Trevon Brown, Craig Grant, Ryan Maasen, and Michael Noble, by creating promotional-style videos and posting them on YouTube. It is also claimed that some YouTube channels that make promotions are paid on a commission basis in return for their promotional efforts.

Shortly after his release, Trevon Brown (better known as Trevon James) posted a tweet saying he didn't deny the charges and said the community would "rally" around him.

Real crypto OG's will rally around me.

The real ones that know the truth, and what happened from day 1.

Talk to you guys soon.⏳#FreeTrevon

— Trevon James, Founder of our.glass Crypto (@BitcoinTre) May 28, 2021

Lara Shalov Mehraban, Deputy Regional Director of the SEC's New York Regional Office,

“We will try to hold accountable those who make illegal profits by taking advantage of the public's interest in digital assets”

said.

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Bitcoin News

Who Has The Most Bitcoin (BTC) Savings?

Bitcoin Analizi, Bitcoin 5.700 Doları Geçti!

According to the research result, the Winklevoss twins own 150,000 BTC, but there are names that own more Bitcoin than them…

Blockchain Center, which investigates who owns the largest amount of Bitcoin (BTC); From Winklevoss twins to scammers, from hackers to "zombie coins", he laid out all the data.

On the other hand, the most famous hacking case of the cryptocurrency world, Mt. Gox incident allegedly owned 166,000 BTC.

It is claimed that 30,000 BTC seized from the Silk Road scandal is in the hands of Tim Draper.

Plus Token scammers were said to have 200,000 BTC.

On the other hand, “Zombie coins” are surprisingly plentiful. These tokens we are talking about consist of 1.5 million BTC, which will never be used and will not be spent by anyone forever.

Grayscale's Bitcoin Trust is known as the largest institutional Bitcoin investment vehicle and currently holds over 400,000 BTC of liquidity. Lightning Network only holds 1,000 BTC, while Ethereum (ETH) has another 80,000 BTC locked.

Another 2.5 million Bitcoins are expected to enter circulation over time. Time will tell which other names will be included in this list.

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Blockchain News

National Fisheries Institute and IBM's Blockchain Tracking System Food Trust

Ulusal Balıkçılık Enstitüsü ve IBM’in Blockchain Takibi Sistemi Food Trust

The United States seafood trade association, the National Fisheries Institute (NFI), is working with Food Trust, IBM's blockchain supply chain solution, to monitor FoodOnline's reports on June 11 seafood and food-related news.

In the report, they mentioned the new system for monitoring the type of seafood jointly carried out by multiple companies. In addition, NFI members representing harvesters, importers, cold storage, food service restaurants and retail sales were also included in the program.

IBM's Blockchain Tracking System Food TrustSIRF President's Statement

The project is funded by the Seafood Industry Research Fund (SIRF), whose chairman Sean O'Scannlain said in a statement on developments:

“The tracking system is nothing new to the seafood industry, but we'll test how blockchain is a new concept, with IBM's Food Tracking system, helping seafood businesses earn revenue and reduce costs to customers from harvest to distribution.”

The system also states who can access and how long companies can control data, and who will retain control after the chain is loaded. Raj Rao, IBM Food Trust general manager Food Food Trust can change any sector, especially when we have large ecosystems, businesses and organizations ” He said.

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Source: Cointelegraph