Aventus Announces Aventus Protocol DApp Idea competition
Aventus is pleased to announce the Aventus Protocol DApp Idea Proposal Competition, where members of the public are invited to come up with and present detailed ideas for DApps powered by the Aventus protocol, in exchange for rewards up to $10,000 of AVT!
Interested potential participants can refer to this blog post for an overview of key parts of the Aventus ecosystem and some potential problems you can solve with your DApp idea. For more information, visit their website or join their Slack.
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Filecoin ICO Raises Record $250 Million from Accredited Investors
Initial coin offering (ICO) investments have exploded in 2017, surpassing early venture capital (VC) funding for internet companies. Most recently, the creators of the IPFS have announced and launched their ICO for Filecoin, a decentralized storage network that will use the InterPlanetary File System (IPFS) to secure and store data. The ICO for FileCoin has already raised nearly $199 million which, coupled with the $52 million in VC investments, brings Filecoin’s fundraising total to a record-setting $251 million.
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US Lawmakers Draft Bill Protecting Cryptocurrencies From Government Interference
Several members of the US Congress are drafting legislation that is intended to recognize certain digital currencies and protect them against interference from the federal government. The bill is expected to be filed in September 2017 and will focus on how to make the digital currencies a part of the mainstream form of payments being used in the country.
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Microsoft Launches Advanced Enterprise Blockchain Service
Microsoft has announced the launch of Coco, a fast and secure blockchain service that can process over 1,600 transactions per second. The Coco framework will also use a unique technology called trusted execution environment (TEE). The trusted execution environment will be able to host the blockchain code in a secure box which will use Intel’s Software Guard Extensions or Windows’ Virtual Secure Mode in order to validate the environment. Coco framework will also be integrated into Microsoft’s Azure cloud storage service.
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