Parity Creator Develops Decentralized Asset Management

WALCHWIL, Switzerland — Melonport AG, a blockchain software provider, has announced a partnership with Parity by Ethcore. Together, the two firms will launch “Melon,” a decentralized application on the new “Polkadot” multi-chain network. Melonport AG Partnership With Parity Aimed at Providing Blockchain-Based Asset Management. According to a press release, melon will be designed for asset managers, and will be the first application on the Polkadot network. Parity founder Dr. Gavin Wood released a white paper explaining Polkadot on November 14, 2016. According to the paper, the network will....

A Moscow business incubator, in partnership with Waves, a decentralized platform for crowdfunding and community management, launched the second round of a fintech program to develop projects with blockchain technology, particularly for banks and fintech products. The focus is on Blockchain 2.0. The Higher School of Economics in Moscow announced the second year of HSE(Pro)Fintech. Waves, a decentralized platform for crowdfunding, community management and National Settlement Depository, is the fintech’s section’s official partner. The program develops projects for banks and their customers,....

Eight days ago, the euro tapped a record low against the U.S. dollar as it hit $1.028 per unit against the USD last Tuesday. This week, the official currency for 19 of the European Union’s member states reached parity against the U.S. dollar for the first time in 20 years. Euro Hits Parity Against the US Dollar, Greenback Skyrockets Against a Basket of Fiat Currencies Even though it was a goal for the European Union (EU) to introduce a sovereign fiat currency for the EU back in the sixties, the euro did not get introduced until January 1, 1999. At first, the euro was introduced....

Melon, a crypto-asset management software by Melonport AG allows asset managers to create and handle cryptocurrency based asset portfolios. Melonport, a Swiss company has announced the upcoming launch of its Melon software for crypto-asset managers in partnership with Dr. Gavin Wood. The one of a kind platform is built on the revolutionary Polkadot multi-chain network created by the former Chief Technology Officer of Ethereum Platform. Dr. Gavin Wood, apart from being one of the leading names behind Ethereum network is also the founder of EthCore, also known as Parity. The Polkadot....

After Huobi Global announced that it would be delisting the stablecoin HUSD and auto-converting customer balances 1:1 with tether tokens, the stablecoin asset has dropped significantly in value sliding to a low of $0.72 per unit. HUSD Remains Below the $1 Peg Another stablecoin is struggling to maintain parity with the U.S. dollar as HUSD has slipped from the $1 peg to $0.746 per unit on Oct. 30, 2022. At the time of writing, the stablecoin token is exchanging hands for $0.765 per unit and there’s only $59,790 in global trade volume during the past 24 hours. Two days ago, Bitcoin.com News....