‘DNotes Will Be Known as the Currency with a Purpose’
After a life-long fascination with how computing power can be used to solve problems, Alan Yong, founder of DNotes, wanted to add a human element to cryptocurrency. After being introduced to cryptocurrencies in 2013, and conducting some serious research, Yong went on to found three cryptocurrency-based organizations: In 1989, Yong founded Dauphin Technology, Inc. and quickly became a well-regarded visionary in the early days of mobile computers. In 1992, his company became the Pentagon's largest supplier of laptop computers after winning a US$395 million contract. The Dauphin DTR, a....
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Popular bitcoin alternative DNotes is proud to announce an upcoming, 2016 venture that will spread its virtual atmosphere across the globe through integrating DNotes currency, the blockchain and a unified payment system. Company co-founder Alan Yong says that the new company is sure to strengthen DNotes' reputation and bring it closer to becoming a global, trusted cryptocurrency that the entire world can use. Speaking with DCE Brief, Yong explained why he believes digital currency is still facing rejection by the general public: "The greatest challenge facing the cryptocurrency industry is....
DNotes (Digital Notes). The specs: DNotes are a new scrypt-based cryptocurrency, with a one minute blocktime and total issuance of a half billion. The coin features Kimoto Gravity Well to prevent pool hopping. The initial block reward is 250 coins, set to halve after 500,000 blocks. The plan: with over 100 existing altcoins and more every week, the altcoin space is increasingly crowded and competitive. Particularly with the price of Bitcoin and major alts (like Litecoin, Peercoin and Namecoin) currently down, the pressure on altcoins to stand out via innovation and savvy marketing is....
DNotes has launched its new mobile application that offers educational resources and instructions related to digital currency. Bitcoin, when first introduced, it was termed as the currency of the future. Six years down the line, the digital currency is gradually being adopted worldwide which makes us believe that the future is almost upon us. However, there are few things that are hindering extensive adoption of bitcoin throughout. Lack of education about bitcoin and other digital currencies tops that list of challenges. Not everyone knows about digital currencies. While some people have....
The central bank of New Zealand has outlined the major benefits of CBDC designs based on blockchain technology. The Reserve Bank of New Zealand (RBNZ) published an issue paper providing its perspective on central bank digital currencies (CBDC).The paper outlines CBDC purposes, designs, as well as the potential benefits and associated risks. The bank will be seeking comments on the proposed paper until Dec. 6.The document focuses on a “general-purpose” CBDC that is a digital currency issued to “any individual or business that wants to use it.”“Such a ‘general-purpose’ CBDC would be closer....
In less than two months, one Canadian Bitcoin ETF attracted $1.1 billion in assets under management, while two more funds are also growing their AUMs. The Purpose Investments ETF, the first Bitcoin (BTC) exchange-traded fund to launch in North America, has seen its assets under management soar to $1.1 billion less than two months after launching. Two Bitcoin ETFs that launched shortly after Purpose’s in Canada have also seen their AUM’s swell to a combined $200 million in the same time period, taking Canada’s combined Bitcoin ETF net value to around $1.3 billion. The Purpose Bitcoin ETF....