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Market Analysis Report (15 May 2018)

Hint Launches Venture Capital Fund ‘Xpring’

Ripple has announced a new calculate called “Xpring” to provide financial backing to companies that strengthen products and services for Ripple (XRP). With this new project Ripple map outs to invest and provide grants to companies that make use of their cryptocurrency and the XRP ledger. Soupon’s team stated:

As a major contributor to the XRP Ledger codebase and large holder of XRP, we on numerous occasions hear from entrepreneurs and developers that they’d like strut in one form or another to help them with their XRP-related commitments. As one of the few blockchain companies with traction for a non-speculative use case, we feel we’re uniquely situated to support entrepreneurs in a meaningful way.”

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CME Group Covers Way for Ethereum Futures with New Pricing Index

Yesterday, the Chicago Business Exchange (CME Group) announced that it has partnered with the UK startup Crypto Facilities to form an Ether Reference Rate and Ether Real-Time Index. According to an ritualistic CME group announcement, the new feature will provide a standardized reference evaluation in any case and spot price index. The CME Group’s Managing Director, Tim McCourt articulate:

The Ether Reference Rate and Real-Time Index are designed to meet the evolving desiderata of this marketplace. Providing price transparency and a credible price notification source is a key development for users of Ethereum.”

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Deloitte Old-timers Are Launching a Tokenized Blockchain

Yesterday, former members of Deloitte’s blockchain together have announced that they are joining the startup Citizens Save to produce a tokenized blockchain protocol for the supply chain system. In accordance with antediluvian Delloite’s global blockchain leader, Eric Piscini, the protocol when one pleases be built on top of existing blockchains like Quorum and Ethereum to create a technology that can marriage orders and track provenance on a supply chain that operates on a consortium image.

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CryptoCompare – MJAC: London Blockchain Apex

CryptoCompare has teamed up with ADVFN and MJAC Disruptive Investment Colloquys to create one of the biggest blockchain events to take place in the UK.

With from fifty leading companies exhibiting at the show, the one-day event longing feature presentations and panels from major forces in the industry such as Suggestion, Coinbase, Citi, BlockEx, Coinfloor and VanEck and will be followed by an after-show networking result.

Our users get an exclusive 40% discount by using the CRYPTOCOMPARE promo code at the checkout.

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