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What is Mithril coin? Trade MITH on Blockonix exchange.

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Mithril platform enables the writers to gain rewards in the form of Mithril coin for the impact that a particular writer's content has on the social media.

Understanding the use case of Mithril coin and it’s availability.

Intro

Vitalik Buterin has invented the probably the second most innovative technology in the Blockchain era. The usage of smart contracts along with Decentralized Autonomous organizations that have come along with the inception of Ethereum has revolutionized the transaction facility where 2 or more parties requires usage of a third-party intermediary. The smart contract enables both the involved parties to establish trust between each other and also improves the efficiency of the process. The standard ERC 20 based protocol has proven to be highly useful for the developers and drives the cryptocurrency enthusiasts towards cryptocurrencies, and enable them to develop and implement them for various domains. Let us get the insights of Mithril Coin and where you ca trade it.

 

The Mithril coin

One such cryptocurrency coin based on the Ethereum based Protocol is the Mithril coin. The cryptocurrency Blockchain platform enables the writers to gain rewards in the form of Mithril coins for the impact that a particular writer’s content has on the social media, which is termed as the social mining in terms of the cryptocurrency project terms. The decentralization of the social media content would enable the users in order to value a content in a very fair manner. The Blockchain integration along with the social media content results in a very safe way of transacting rewards through the Blockchain network.

 

Use case of the Mithril coin

The Mithril Coin platform is eagerly looking forward to integrating with some of the most popular social media platforms of the today’s generation. A Mithril integration service has been initiated by the Mithril project members in order to facilitate the use of integration of the of transacting MITH tokens through various apps. As various domains within the cryptocurrency system are constantly developing, even the Mithril coins would make sure that they update themselves, regularly in order to meet the scalability and security requirements of people respectively.

 

Social mining for Mithril coins

The process of social mining is easily achieved by the users automatically as they develop and constantly interact with the contents on the social media platforms. The Mithril coin experts predict that there will be huge amounts of social mining as more and more number of users are expected to rise exponentially in future. As the whole network increases constantly, this leads to a high as well as the consistent development of the Blockchain network. However, the algorithm incorporated by the Mithril coin team members is complex but is available on the white paper along with a seamless explanation with an example.

 

Lit Application

Lit is one of the prominent ventures of the Mithril coin project. Although, currently being in its beta version, it enables various social media users to initiate the process of social mining with it. The intuitive application is predicted to be integrated with some of the most popular social media platforms which the users can effectively use, in order to monetize their content and earn some rewards for the time they spend on social media. The Mithril Coin project also supports the amazing photographic camera with various filters, in order to post some of the best photos and videos on the social media.

 

Buy Mithril coins at Blockonix

Coincidently, the Mithril coin is available to buy from the best decentralized Crypto exchange, Blockonix. Blockonix also supports more than a hundred Ethereum based cryptocurrency tokens which the uses can effectively use in order to trade them with a minimal transaction fee of 0.1%. Highest levels of security are provided to the funds of the users, as Blockonix incorporates decentralization within its operations with absolutely no direct human interaction in the process of trading or any other operation. Blockonix is completely dedicated for the development of the community as most of the funds collected in the form of transaction fees are not used for the personal use of the team members but is redirected towards the development of the network itself.

 

Conclusion

The network is highly appreciated by the masses, as it is easily available at Blockonix and also can be easily converted into the fiat money for the daily usage. However, the cryptocurrency market is highly unpredictable but as decentralization is incorporated by Blockonix, unlike the centralized exchanges which have experienced a number of hacks resulting in huge amounts of fund losses.

#Blockchain

Forbes releases top 50 blockchain companies list

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Forbes has released top 50 blockchain companies using blockchain technology list and these are almost all household names of the world's largest companies.

Forbes has released a new top 50 blockchain companies using blockchain technology list and these are almost all household names of the world’s largest companies. In fact, they are all billion dollar plus companies such as Amazon, Citi Group, Foxconn, Comcast and a whole host of others and unsurprisingly the bulk majority of these companies are using Ethereum.

 

Although, outside of Ethereum which is, of course, the number 1 blockchain for these companies, we do see others like Hyperledger and Quorum for example, although much rarer on the list in terms of mentions are blockchains such as Stellar Lumens or Cardano. Blockchains such as TRON, EOS, NEM, and others are not mentioned in the list of top 50 companies.

 

Companies choosing Ethereum according to Forbes:

Big businesses really like what Ethereum is doing. Ethereum has also worked very hard to make these relationships happen over the last few years and those relationships are now paying dividends big time.

 

All the top 10 companies are located in China or the United States.

The Top 10 (Forbes List):

10. Ping An Insurance Company: China

9. Bank of China: China

8. Apple: United States

7. Wells Fargo & Company: United States

6. Bank of America: United States

5. Agricultural Bank of China: China

4. Berkshire Hathaway Inc: United States

3. JPMorgan Chase & Co: United States

2. China Construction Bank Corporation: China

1. Industrial and Commercial Bank of China: China

 

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JPMorgan expanding itself into the blockchain and crypto space

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JPMorgan Chase has been posting a lot of job opportunities in the blockchain and cryptocurrency industry on Indeed.com, the job listing portal.

JPMorgan Chase, the American multinational investment bank and financial services company has been posting a lot of job opportunities in the blockchain and cryptocurrency industry on Indeed.com, a job listing site. According to the data from Indeed.com, the overall job openings for the cryptocurrency industry also seems to be on a rise.

 

JPMorgan Entering the Cryptocurrency Space:

Though the CEO of JPMorgan, Jamie Dimon has always been a strong opponent of Bitcoin and other cryptocurrencies, his company has been interestingly expanding its operations in the field of blockchain and cryptocurrency.

 

Last month, JPMorgan launched its own cryptocurrency known as the JPM Coin, which will serve the bank’s precious customers in order to make transactions between them more swift and steady.

 

Back in 2018, JPMorgan had launched a blockchain powered platform known as Quorum which might be seen quite homogeneous to bitcoin and ethereum, however, it is almost fully centralized in nature.

 

Large companies entering the Blockchain Space:

In recent times, a lot of huge companies worldwide have been entering into the blockchain and cryptocurrency space. According to a recent publication by the Forbes, large organizations such as IBM, Deloitte, Cisco, Microsoft, Consensus, and others have been curiously hiring employees that are experts in the field of blockchain technology.

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Adoption: Courts in France adopt blockchain technology

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The NCC or National Council of Clerks of France have finally tested a blockchain technology-based solution for the courts of the country.

The NCC or National Council of Clerks of France recently made an announcement that they have finally tested a blockchain technology-based solution for the courts and are now prepared to launch it throughout France. The National Council of Clerks is a representation of the clerks of the corporate and commercial registry in around a hundred thirty-hour workplaces in France. The workplaces depend upon one another for sharing important data.

 

The goal of NCC France

The NCC is determined to streamline and position the latest information technology that capitulates something that is known as ‘the single version of the truth’. The data tracks an organization’s growth, dissolution, change of location etc. The sharing of data amongst each other was earlier a big challenge for the NCC.

 

The project based on blockchain technology had an aim of rapid cycle times and precision of information. In the pilot phase of the project, the National Council of Clerks in France was able to lessen the timing of registry operation involving a lot of days to just one day.

 

According to the president of France National Council of Clerks, Sophie Jonval, the project based on blockchain technology is an outcome of the partnership with IBM. IBM who is already an expert in blockchain technology and cryptography has been serving as a technological partner.

 

According to the NCC, the project shall be rolled out in the 1st half of 2019 and the project shall ensure a transparent and improved dynamics of the interactions between the clerks.

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