The Hashgraph Association and Blade Labs have partnered to drive digital transformation using the latter’s conventional and Shariah-compliant digital securities platforms. The CEO of Blade Labs described the Hashgraph Association as a strategic investor that enables the company to integrate its cutting-edge digital asset solutions with more businesses in the Middle East and beyond. Integrating […]
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The Hashgraph Association Partners With Qatar Financial Centre to Launch Digital Assets Venture Studio
The Hashgraph Association, a Swiss non-profit organization, has partnered with the Qatar Financial Centre (QFC) to launch a million digital assets venture studio. The venture studio aims to support companies in developing regulatory-compliant decentralized finance (defi) solutions. Supporting Web3 Startups With Bankable Defi Solutions The Hashgraph Association, a non-profit organization based in Switzerland, has […]
Bitcoin News
Hashgraph Association Partners With Saudi Government to Launch Deep Tech Venture Studio
The Hashgraph Association, a nonprofit organization based in Switzerland, announced on Feb. 7 that it had partnered with Saudi Arabia’s Ministry of Investment to launch a deep tech venture studio. The venture studio’s objective is to assist both Saudi and foreign companies develop innovative solutions using deep tech, such as artificial intelligence (AI), blockchain, and […]
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Hashgraph Association in Blockchain Adoption Drive Partnership With Tunisia-Based Dar Blockchain
The Hashgraph Association and Dar Blockchain recently said they will be working “to nurture projects, facilitate growth, and profoundly shape the Middle East and North Africa (MENA) technology landscape.” The two entities said they hope to achieve the set objectives via meetups, hackathons, and university groups.
Shaping the MENA Region Technology Landscape
The Hashgraph Association, a non-profit organisation promoting the use and adoption of the Hedera network, recently said it had entered into a partnership with the Tunisia-based Dar Blockchain. Through this collaboration, Hashgraph Association and Dar Blockchain said they hope “to nurture projects, facilitate growth, and profoundly shape the Middle East and North Africa (MENA) technology landscape.”
According to a press statement, the two entities hope to achieve the set objective via meetups, hackathons, and university groups. In addition, the two groups said they will be publishing a monthly podcast.
Commenting on their organization’s decision to partner with the Hashgraph Association, Mohamed Mnif and Jaafar Saied, both co-founders of Dar Blockchain, said:
By providing training sessions that dive into the Hedera Network, and setting up chapters in local universities to connect students from different backgrounds, Dar Blockchain and The Hashgraph Association will lay the foundation for the true realization of DLT [distributed ledger technology].
The duo added that their organization’s partnership with the Hashgraph Association also underlines the former’s commitment to empowering the MENA’s next generation of innovators.
For his part, Kamal Youssefi, the president of the Hashgraph Association, insisted that the collaboration will prove instrumental in accelerating the adoption of DLT in the region.
Meanwhile, the press statement revealed that the four hackathons which are set to start in October will be “a sourcing phase for an upcoming incubation program tailored for the North African community.” Besides the hackathons, the Hashgraph Association and Dar Blockchain will also offer tailor-made training sessions and foster the growth of communities and enterprises.
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Hedera Hashgraph Pops Out From Downtrend, Will Price Retest $0.1
- HBAR’s price shows the market a glimpse of bullish hope as the price broke out of its long-range movement with strong volume.
- HBAR trades above key resistance as price breaks out of range holding above 8 and 20-day EMA.
- The price of HBAR eyes a recapture of .1 as key resistance was flipped into support with more buy orders.
The price of Hedera Hashgraph (HBAR) has continued to show its strength as price trends with a key breakout from a downtrend range against tether (USDT). With the crypto market cap bouncing from its weekly low as the market continued to look promising, the Hedera Hashgraph (HBAR) price was not left out as the price broke out of its long daily range, with the price trending to a higher height. (Data from Binance)
Hedera Hashgraph (REEF) Price Analysis On The Weekly Chart.
The crypto market received relief, as most crypto altcoins expected. However, despite the recent price surge in most crypto assets, some altcoins have remained range-bound.
As the price of HBAR could not break out with real volume in previous months, it was stocked in a range-like box. HBAR’s price continued to move between .05 and .077 before breaking out and trending higher.
After a long-term movement, and with the month looking good for most altcoins, as many refer to it as the month of Uptober, the price of HBAR could be set for a break out as the price aims to rally to the .1 region.
HBAR’s use case has attracted a lot of traders, investors, and huge organizations, which could also be a huge catalyst to influence the price of HBAR shortly as many tips the price to rally to a high of .
Weekly resistance for the price of HBAR – .1.
Weekly support for the price of HBAR – .050.
Price Analysis Of HBAR On The Daily (1D) Chart
Daily HBAR Price Chart Analysis | Source: HBARUSDT On Tradingview.com
On the daily timeframe, the price of HBAR continues to show strength as it pulls some gains despite the market appearing to have stalled in price movement; after hitting a daily low of .05, the price of HBAR rallied to a high of .082 before being rejected into a downtrend channel as it struggled to break out.
The price of HBAR is attempting to break out of this downtrend channel; if successful, the price of HBAR could rally aggressively as bulls would be ready to send the price to .1, gaining significant price control.
The Relative Strength Index (RSI) for HBAR shows low buy order as the value is below the 50 mark area on the daily timeframe.
Daily resistance for the HBAR price – .1.
Daily support for the HBAR price – .055.
Featured Image From Zipmex, Charts From Tradingview
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Mingo Reaches Agreement with Swirlds on Use of Hedera Hashgraph Technology
The crypto messaging and e-commerce project Mingo — a multi-channel messenger app with big plans for expansion, and Swirlds — the creator of Hedera Hashgraph technology, have agreed to collaborate on the creation of a fast, new generation messaging platform that will include a plugin economy, e-commerce, and cryptocurrencies.
Mingo is a free message aggregation app designed to reduce missed messages and delays in response time, and eliminate confusion due to message overload by combining messages from your contacts into one convenient conversation stream, regardless of which messenger they may be using. The app currently supports seven messengers (Facebook, Twitter, Skype, Slack, Steam, Discord, and IRC Cloud), but the team at Mingo plans to add others in future such as Telegram, WhatsApp, Instagram, Google Hangouts, and more. The app will automatically arrange your messages by contact name across all these messengers, making Mingo the only place you will need to look to find all your messages.
In addition to the message app, Mingo also plans to build a plugin economy on its platform. Merchants and service providers from a wide variety of industries (hotels and hospitality, gaming, shopping, mobile operators, and transportation services to name just a few) will be able to use plugins to sell their goods and services to the Mingo community. Platform users will be able to opt-in to the plugins they want, without being forced into those that they do not. The goods and services sold will be denominated in MingoCoin, the platform’s utility token. The use of the MingoCoin will streamline the purchase process, with the token being the only means of payment required while introducing cryptocurrency to the mainstream market in the process. A small portion of the revenue generated will be shared with the Mingo ecosystem for its services.
To make sure that these plans can be brought to fruition, Mingo has decided to team up with Swirlds. The Hedera Hashgraph consensus algorithm developed by Swirlds Co-Founder and CTO Leemon Baird is both fast and secure. Its totally new protocol allows decentralized communities to reach a consensus on the order in which transactions occurred. Once the consensus has been reached, no single individual can manipulate the established order. This, together with its transparency, makes Hedera Hashgraph secure. It is also fast. Its ability to process 250,000 transactions per second far surpasses bitcoin’s limit of seven transactions per second.
“In today’s hurry-up world, everyone is looking for speed,” says Mingo CEO Joe Arthur. “However, speed must not come at the cost of security. That is what makes Swirdls’ technological solution perfect for our ecosystem. It is an ideal blend of both qualities, and we are pleased to be able to apply the power of the Hedera Hashgraph protocol to help take Mingo to the next level.”
The cooperation between the companies does not stop there. Ken Anderson, the CTO at Mingo and an experienced system designer and Solidity smart contract developer, recently joined Swirlds as Lead Developer Advocate, thereby putting the partnership on an even firmer footing.
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