Key Facts Of The Day 9.11.2018
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Former Google’s Chair Eric Schmidt on Blockchain: “In its Technical Use – Underrated”

The former Chairman of Google’s Board of Directors and billionaire Eric Schmidt is a longtime supporter of the idea of bitcoin and blockchain. During an interview with economist Tyler Coven at an event organized by Village Global and held in San Francisco, he said that ethereum has great potential and can become a “powerful platform”.

The interview covered many different topics: the future of technology, corporate governance reform, Google's hiring methods, the fragmentation of the Internet, and many others.

Alibaba’s Treasure Will Be Cloud Tech

Twenty years ago when Jack Ma taught English and started a website for Alibaba he wouldn’t have guessed that he was actually building the world’s largest internet company with a future market cap of $380 billion, which now has cloud technologies in its crosshairs.

After Jack Ma announced that he would step down and leave his position to Daniel Zhang, the latter said in an interview to CNBC that every business in the future would be powered by the cloud and it would be the main business of Alibaba.

Kaleido Helps Companies Create Blockchain Projects

Kaleido, a subsidiary of ConsenSys blockchain software company, launched a new platform in collaboration with Amazon Web Services (AWS). The main task of Kaleido is to radically simplify the process of introducing the blockchain for various enterprises and organizations in order to open the modern society with all the advantages of decentralized models and technologies.

Together with AWS, the company developed the Blockchain Business Cloud, an integrated SaaS (Soft-as-a-service) platform for the corporate blockchain. The new platform complements the Blockchain Business Cloud solution, turning it into a first full-stack enterprise platform with a marketplace for plug-and-play services.

What Else:

  • Who Confiscated Most of 453.000 BTC Worldwide?

Globally the state authorities have confiscated from citizens a total of 453.000 BTC or 2.6% of the current issue of the first cryptocurrency.

  • Qtum Blockchain Node to be Deployed in Space

Singapore-based SpaceChain company sent a fully functional Qtum Blockchain node into space, capable of carrying out multi-signature transactions and launching smart contracts.

  • Stellar Becomes Fifth in Cryptocurrency Rating

Stellar cryptocurrency has outperformed EOS in its capitalization and has got up to the fifth position in CoinMarketCap, the global cryptocurrency rating.

  • Bitmex Launches Venture Capital Division

BitMEX crypto exchange launches its own division of Venture Capital.

At 18:00 (GMT) total cryptocurrency market capitalization stands at $212.4 billion

Revain (+3.91%) showed the best growth in the top-100

Market Dynamics

The trading volume of cryptocurrencies for 24 hours reached $13.3 billion (-0.3 billion per day)

Mining Profitability

  • BTC $2.25 for 10 TH/s
  • ETH $0.18 for 10 MH/s
  • BCH $0.23 for 1 TH/s
  • LTC $3.00 for 1 GH/s
  • DASH $0.05 for 1 GH/s

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