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Austin

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Austin last won the day on December 15 2017

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  3. For more latest new on Crypto Currency ICO news events Crypto Automated Trading BOT & Crypto Trading Signals join this below given Telegram Channel Join- https://t.me/btctradingclub Marsh, a global insurance brokerage and risk management firm, announced the first commercial Blockchain solution for proof of insurance, Business Wire reported April 16. With this application of Blockchain technology, Marsh aims to transfigure the certificate of insurance process “from complicated and manual to streamlined and transparent”. This will reportedly allow customers to improve business functions such as hiring contractors and transferring risk, while increasing certainty of coverage. The project is a partnership between Marsh, IBM, ACORD, and ISN. ACORD is a global standards-setting body for the insurance and financial services industries. ISN is a provider of contractor and supplier information management services. The new proof of insurance solution is being developed on the open source Hyperledger Fabric technology and IBM Blockchain Platform. Sastry Durvasula, chief digital officer and chief data and analytics officer at Marsh, expressed optimism about the collaboration: Many industries require proof of insurance, and a Blockchain offers the possibility to create a “network of networks” to assure verification on a broader scale. Sandip Patel, general manager of insurance industry at IBM, said: The first client for the service is ISN. Brett Parker, technical insurance lead at ISN, said: Currently, the Blockchain network is in its pilot version, but is expected to enter production later this year. Last month, the Blockchain initiative B3i announced the formation of the startup B3i Service AG, which aims to create a Blockchain trading platform for a value-added chain of the entire insurance industry
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  12. For more news latest update on Crypto Currency Prediction Automated Trading Bot Automatically Trades in your Account set yourself free from manual trading & Free Crypto Trading Signals Join https://t.me/btctradingclub While the Nordic island nation has become a hotbed for Bitcoin mining in recent months, a serious problem has emerged in Iceland: there now may be energy shortages for powering its households. The process of mining Bitcoin is an energy-intensive endeavor. According to reports; a single transaction uses the same amount of energy as the average U.S. household in a week. With an influx of miners looking to take advantage of Iceland’s electricity infrastructure, climate, and lenient regulations, the amount of energy consumed in these mining operations is unsurprisingly unprecedented for a nation that Iceland was regarded as a prime destination for Bitcoin mining operations because of its cheap and reliable energy sources, its cold climate for cooling down computer servers during the mining process, as well as the local government’s welcoming stance. However, the Icelandic government probably never expected the Bitcoin mania to get so hot that it could even cause an energy supply “meltdown” within the nation. For now, the only tangible solution appears to be for the government to hit the ‘control’ button before households lose their power as well.
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