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DAY LONG NEWS ROUNDUP: LATEST NEWS 13/11/21


We’re bringing you the highest tales making headlines within the blockchain and crypto area on 13/11/21 so you may keep knowledgeable and forward of the curve.

Miami plans to give free bitcoins to residents, perks from the city coin (1)

Miami plans to present free bitcoins to residents, perks from the town coin

Town of Miami is rising as a high candidate within the race for establishing the most important crypto hub in the USA. It’s being finished by staking the favored Miami coin and producing tens of millions of {dollars} by yield.

Based on an announcement made by Mayor Francis Suarez, residents in Miami who personal digital wallets will be capable of obtain free dividends within the type of Bitcoins.

The MiamiCoin was launched again in August by Citycoins. These cash really assist in funding tasks of the municipal authorities by yield technology. Town has generated greater than a good-looking quantity of $21 million by staking MiamiCoin. The reserve pockets of the cryptocurrency converts these MiamiCoins into American {dollars} as and when metropolis officers command it. The mayor has additionally said that if the yield continues to happen on the similar fee, then it’s doable that they’ll cowl the tax wants for the whole metropolis.

Furthermore, it’s not obligatory for the residents to personal any MiamiCoin as a way to obtain the free BTC. Based on the mayor, the final word goal of this endeavour is to make it possible for the residents get their arms on BTC as quickly as doable.

 

Doctors Without Borders using blockchain for medical record keeping

Docs With out Borders utilizing blockchain for medical file protecting

Transcrypts, an organization offering doc safety by blockchain, introduced on the eleventh of November that they’ve entered right into a partnership with Docs With out Borders, or higher often known as the DWB, beginning work from the 14th of October. Inside such a restricted period of time, they’ve already uploaded 6500 data of immunization. Their objective is to add 76000 data by subsequent 12 months.

Most of those data are associated to Covid-19 vaccines, however the goal of the corporate is to make it possible for data pertaining to any and each medical situation must be saved on blockchain. The saved data may also be accessible by the sufferers on their mobile gadgets. 

The startup was based in California by Zain Zaidi solely final 12 months. Now the clientele consists of names like Paychex, Zoom, ADP, Oracle and Spirit Airways.

Transcrypt began its journey as a instrument that might fight the frauds in documentation procedures largely focused to professionals within the human sources division. Regularly it expanded right into a platform for verifying earnings for landlords. As of now, the agency confirms that they’re certainly a doc safety service supplier.

India planning to rush new cryptocurrency bill, seeking to hold middle ground

 

India planning to hurry new cryptocurrency invoice, looking for to carry center floor

The Indian Authorities officers are at the moment busy in determining the regulation insurance policies on cryptocurrency after a prolonged tenure of hypothesis. The federal government is prepared to take a center floor as a way to stability the considerations of all of the stakeholders.

A lot of Indians are already dabbling in crypto property. Because of this it will not make a lot sense if the nation decides to ban cryptocurrencies altogether. On the similar time, in response to a sure authorities official, additionally it is not an choice to declare crypto as a authorized tender.

It has been confirmed that the policymakers in addition to the officers within the Finance Ministry got a presentation on the whole crypto ecosystem. The presentation lined the deserves and demerits of cryptocurrencies, how different international locations are working their method round laws, the angle of all the main Indian Banks on crypto and the way the Indians are investing in crypto in the intervening time.

One other presentation is because of happen as soon as the Winter Session of the Parliament resumes on the twenty ninth of November. It would give attention to cryptocurrency taxation.



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