THELOGICALINDIAN - n-a
Ari Paul, co-founder of one of the world’s better cryptocurrency barrier funds has appear he will be abutting Hedera Hashgraph as an advisor. Paul said he was afflicted by the adequacy and accepted affection of the aggregation and hopes to adviser the activity appear micro-payments and logistics.
Paul, who co-founded BlockTower Capital in 2017, and now works as the fund’s Chief Investment Officer (CIO), appear Wednesday he would accommodate advancing advice for Hedera as it continues to advance solutions for business. He hopes to use his acquaintance as an broker in the cryptocurrency amplitude as a “vantage point” to adviser the project’s development.
The arrangement will acquiesce Hedera to use Paul’s “invaluable” ability of the broader industry to analyze key markets for the “industry’s aboriginal enterprise-grade broadcast balance technology,” explained CEO Mance Harmon.
This is Hedera’s additional above adviser arrangement in the accomplished month. The architect of Fenbushi Capital abutting the chief advising aggregation in mid-March, as Crypto Briefing reported at the time.
Hedera is advised as a DLT-solution and dApp platform, accurately for businesses. Its cryptocurrency is advised for micro-payments; the activity is application the $124M aloft during its ICO aftermost year – one of the better on almanac – to advance decentralized accumulator solutions as able-bodied as acute arrangement services.
The Hedera Hashgraph balance is based on directed acyclic blueprint (DAG) technology. Unlike the beeline architectonics of a accepted blockchain, a DAG is a alternation of commutual channels amid arrangement nodes, who accompanying affirm affairs back they accelerate their own. This has the advantage of authoritative the arrangement added scalable, the added it is used.
Paul, who aforetime managed the University of Chicago’s $8bn award portfolio, explained to Crypto Briefing that what best admiring him to the activity was the team’s “technical competence“. In an email, he said: “I accepted the professionalism and believability of the aggregation not aloof in analytic abstruse bold approach and engineering problems, but additionally in architecture a team, a company, and an action solution.”
Some of Hedera’s best able use cases are with micropayments and logistics, according to Paul. He believes appeal for baby purchases of agreeable and agenda casework as able-bodied as arguable supply-chain administration has so far been unfulfilled.
This could become a potentially advantageous bazaar for Hedera. “As consumers, we consistently apprehend about how, for example, angle that is served as amoebic apricot in supermarkets and restaurants is rarely amoebic and generally isn’t alike salmon,” Paul explained. “There’s amazing appeal for a apparatus to clue articles through their lifecycle and to accommodate an analysis trail, and Hedera Hashgraph is able-bodied complete for this purpose.”
Ethereum-based Origin, a decentralized exchange agnate to eBay, has aloof appear its accession of Maker’s DAI stablecoin to its account of accurate currencies. DAI will be the aboriginal ERC-20 badge to be accustomed by the Origin belvedere as an accustomed currency.
According to a columnist release, the amend is aimed at convalescent user convenience. Prior to the new addition, all appurtenances were priced in ETH, and users were appropriate to account prices to their authorization value. Now, all prices will be displayed in both ETH and fiat, and purchases will be accessible in DAI.
The amend comes in acknowledgment to user apropos apropos consistently clashing ETH prices, and an disability to accurately amount their goods. In the announcement, Nick Poulden, Senior Engineer at Origin said:
“A home rental listed at one ETH/night could be $300 today and $150 abutting week. Now, that aforementioned advertisement will abide at $300 USD after acute the agent to consistently adviser cryptocurrency prices.”
Payments will be captivated in escrow to annul amount fluctuations, and DAI will absorb its account over continued periods for avant-garde payments. Furthermore, Origin is alms seamless transfers amid ETH and DAI through the Uniswap DEX acute contract. Transfers can booty abode anon aural the dApp, accustomed instantly to the user’s accounts.
In the future, Origin will abide abacus new appearance for the currencies it already supports, and will accumulate a abutting eye on stablecoins it could add in the future.
The Origin activity is focused on not alone ramping up crypto clamminess through its peer-to-peer marketplace, but additionally by alms a user acquaintance with which centralized online food cannot compete.
