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Yet Another Cryptocurrency Wins Listing on Coinbase Pro

Yet another cryptocurrency wins listing on coinbase pro

Yet Another Cryptocurrency Wins Listing on Coinbase Pro

Photo: the coinbase blog

Photo: The Coinbase Blog

Crypto exchange Coinbase is actively adding support for various digital currencies on its professional wallet service Coinbase Pro. One of the last coins added was Ripple’s XRP. On February 25, Coinbase began accepting inbound transfers of XRP to Coinbase Pro, and soon after the announcement, the price of XRP shot by over 10%.

Recently, one more currency has been listed on Coinbase’s professional exchange. Stellar Lumens (XLM), the native cryptocurrency of the Stellar blockchain, is now available for active trading on Coinbase Pro.

Immediately after the announcement, Coinbase started accepting inbound transfers of XLM to Coinbase Pro. The first stage of accepting deposits was expected to last for approximately 12 hours. During further stages lasting for a couple of minutes, customers would post limit orders, then the exchange would start matching them. Full trading, including limit, market, and stop orders, will only become available at 1 p.m. PST. after all the stages are completed.

As the exchange’s blog post reads, when there is a sufficient supply of XLM on the platform, trading on the XLM/USD, XLM/EUR, and XLM/BTC order books will start in phases, beginning with post-only mode and proceeding to full trading if the metrics for a healthy market are met.

Last December, Coinbase Pro first announced considering XLM, as well as other 30 digital assets it was looking into supporting. Since its initial announcement, the platform has added support for Civic, District0x, Loom Network, Decentraland, Dai, Golem network and Zilliqa. The San Francisco-based wallet also listed Bitcoin Cash (BCH), Ethereum Classic (ETC), 0x, Basic Attention Token, and Zcash.

Coinbase explained why they have added support for Stellar:

“Stellar aims to connect banks, payment systems and individuals quickly and reliably. Since its launch in 2014, its vision has been to unite the world’s financial infrastructure so that money can flow quickly and cheaply between banks, businesses, and people.

The Internet connected the world’s computers so that information could be shared globally. Stellar aims to do the same for money.”

As the Stellar protocol uses destination tags, Coinbase pointed out that traders should correctly fill this field:

“Please note that inbound transfers require the specification of an XLM memo.”

In the last five days, the XLM price has increased by over 30 percent, 5 of which followed the Coinbase Pro’s announcement. At the moment of writing, Stellar trades at $0,11.

Coinbase will apparently add more coins in the future. Along with Stellar, the exchange was considering Cardano (ADA), so there will be no surprise if this coin will be listed on Coinbase Pro.

Coinbase stated:

“One of the most common requests we receive from customers is to be able to trade more assets on our platform. Per the terms of our listing process, we anticipate supporting more assets that meet our standards over time.”

Initially, XLM trading will be only available for customers in Coinbase’s supported jurisdictions, except the state of New York.

Published at Thu, 14 Mar 2019 09:26:54 +0000

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Virtual Reality Business Networking on The Blockchain

Shares Per Hour, better known as SPH, takes business networking to the next level using the innovation of virtual reality (VR) and blockchain technologies.

[Note: This is a press release.]

You’re probably familiar with LinkedIn, if not, it’s a site where professionals can connect & network with each other through a website and mobile app. These current web and mobile app based services are fast becoming hard to use and outdated. SPH brings new life and excitement to the world of “Business Networking”, incorporating distributed technology that brings people closer together than ever before.

The improvements come from utilizing the three leading technologies in computer science: VR; Blockchain and Artificial Intelligence. Let’s take a more in depth look at how these breakthrough technologies aid in improving coordination, leading to increased productivity and time savings for businesses and everyday life.

Virtual Reality (VR) Virtual Reality Becomes the New User Experience (UX)

Shares Per Hour demonstrates the power of a deeply immersive work space. No longer are you limited to the size of a computer screen or mobile phone. Now your entire field of vision is accessible and functional. Don’t worry about access to your legacy desktops and cell phones, you still have them right there in the virtual office space of your choice.

There’s no need to pull your cell phone out of your pocket, instead, you can instantly see your phone’s screen and resize it however you like in futuristic holographic representations right in virtual reality. The same goes with your desktop screen and even your team members computer screens. Instantly teleport over to your co-worker’s office to collaborate, even at the virtual beach.

SPH expands much further into the VR immersive user experience but we will first explain the foundation that Virtual Reality will sit on, distributed ledger blockchain technology.

Blockchain Allows SPH to Progress Past a Simple Business Networking Project

The blockchain enables smart contracts to be created between parties. After negotiating a deal in the virtual world, users can close the deal with a “virtual hand shake” backed up by a smart contract running on the blockchain. Secure “per hour” payment plans can be set up in place between users.

User studies have shown “per hour” deals are the quickest to close and begin, Workers actually receive payment every hour, in real time, which aids in the workers’ confidence. Employers are protected through the collaborative UX and the reputation system. We will talk more about this in the artificial intelligence section.

Artificial/Virtual Intelligence (AI/VI)

A great thing about the blockchain is the ability to source it for data, collecting and analyzing this public data for future use. Sourcing data is key to creating a useful AI. A top SPH feature using AI is the VR hiring agent or what some people might call a VR head hunter. This is where users go through a more personal and immersive experience describing themselves and their ambitions to a virtual hiring agent who can aid in determining where they best fit into the digital work force.

The same process happens with employers. In the end, AI/VI algorithms are used to match employees and employers together and schedule interviews. AI is not used to do smart contracts between users. Users interact with each other in the virtual world and come to agreements. AI is used to save time and the human interaction is used to make final confirmations on business networking agreements.

For More Information

If you would like to learn more about SPH, visit the official website: https://SharesPerHour.com.

Read the in depth technical blackpaper or view the friendlier overview and demo videos. The ICO token sale is currently under way. It’s free to join the website. We strongly recommend joining the website since registration for the website will close 72 hours prior to the end of the ICO. Only previously registered members will be allowed to participate in the ICO during the last 72 hours.

Images courtesy of Shares Per Hour

The post Virtual Reality Business Networking on The Blockchain appeared first on Bitcoinist.com.

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