EARN CRYPTO WHILE YOU DRIVE
Jaguar Land Rover, the British multinational automotive company is teaming up with the cryptocurrency IOTA Foundation to begin testing a smart wallet technology that will give motorists the ability to earn crypto while driving. Drivers will be able to earn crypto rewards in exchange for sharing data surrounding “useful road conditions, such as traffic congestion or potholes”. The crypto credits you earn from sending on such data to “navigation providers or local authorities” can then be used to pay for tolls, parking meters or plugging into the nearest electrical charging station, to keep the list brief. The new software is …
CRYPTOCURRENCY LENDING SERVICE LAUNCHED TO THE PUBLIC
Dharma Labs, a San Francisco based cryptocurrency lending firm has launched its latest service to the public; cryptocurrency loans fulfilled via smart contracts. The announcement was made On Monday 8th April, explaining that the loans company is backed by exchange platform CoinBase. Users can now interact and use the service via any wallet. At the time being only Ethereum (ETH) and Stablecoin (DAI) are supported however, more coins are in the process of being added to the service. In the launch announcement Dharma explains that their vision is that users should be able to use cryptocurrency in their everyday life …
Russia Regulates Crypto and Launches Oil-Backed Crypto Currency
Russia is set to fast track the implementation of the much-anticipated regulatory framework on crypto currencies and block chain technologies to become the latest European Country to become a crypto friendly state. Russia’s State Duma, the lower half if its parliamentary body, is in the final stages of finalising crypto currency regulations, and working on a strong and business friendly framework for these assets’ integration. With the law likely to be passed as early as next month (March), Russia is hoping that this will further pave the way for the government body as a whole to launch its central bank …
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