Lition Uses Ethereum Blockchain to Power Hundreds of Homes

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Blockchain tech is revolutionizing all aspects of life as we know it. Interestingly,this tech is also increasingly relevant in the Power sector. One platform that is driving progress in this sector is Lition. Lition is an Ethereum blockchain based power project that has so far powered 700 homes. It is defined on its site as … Continue reading “Lition Uses Ethereum Blockchain to Power Hundreds of Homes”

Andreessen Horowitz: $15 Million Invested in Stablecoin

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Prominent venture capital firm, Andreessen Horowitz just invested $15 million in Maker DAO (MKR), a stablecoin built on the Ethereum blockchain. MakerDAO The firm stands behind ETH-based stablecoin, Dai (DAI) in addition to it decentralized credit system.  Reportedly, DAI is pegged to U.S. dollars, but collateralized by ETH. DIA users can generate coins by locking … Continue reading “Andreessen Horowitz: $15 Million Invested in Stablecoin”

Austria First Western Nation Issuing Ethereum Blockchain Bonds

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Austria is a beautiful, forward-thinking, and wealthy nation landlocked along the Danube River in the heart of central Europe. In fact, it has risen to prominence most recently for a choice the country made. That choice, the Austrian government will use the public blockchain of Ethereum to issue $1.35 billion (around €1.15 billion) in government … Continue reading “Austria First Western Nation Issuing Ethereum Blockchain Bonds”