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Crypto News

Mitsubishi UFJ Financial Group Tests Payments With Its MUFG Coin Cryptocurrency

The Mitsubishi UFJ Financial Group of Japan, the world’s largest financial consortium by assets, is experimenting with its cryptocurrency, the so-called MUFG Coin. The Mitsubishi UFG’s crypto token is being used in convenience stores exclusively for group employees, but the consortium plans for a more far-reaching payment program with its crypto by 2019, involving 100,000 users, reports the Japanese daily Sankei Shimbun.

The test is already underway at a convenience store for employees only, located at the MUFG headquarters in Tokyo. As reported, the experiment is “quietly progressing,” a conclusion the Sankei Shimbun’s journalists reached after witnessing how the MUFG Coin functions.

The purchase process is straightforward, conducted through an optical reader. The cashier in the store scans the QR code projected on the screen of the buyer’s smartphone, which corresponds to their MUFG Coin digital wallet, and the system transfers the amount of the purchase in cryptocurrency to the store’s portfolio.

MUFG Coin is paired with Japanese Yen at a 1:1 ratio

While the MUFG Coin is in its trial stage and cannot be used for payments at other establishments, it can be useful among the same holders when agreeing on payments among themselves. An example mentioned in the publication refers to the co-payment of a bill at a bar or restaurant. If one Mitsubishi UFJ Financial Group’s worker pays a tab at a restaurant in cash, the others can transfer the appropriate MUFG Coin amount to his/her wallet.

As for the technical details surrounding this cryptocurrency, there is still no information available on what type of blockchain the MUFG Coin is using or any plan to list it at on any cryptocurrency exchange platform.

However, what the Mitsubishi UFJ Financial Group made clear is that the value of the MUFG Coin is tied to the value of the Japanese Yen in a 1:1 ratio, that is, 1 MUFG Coin equals to 1 yen at the time of making a payment. They argued that this strategy could counteract the volatility often associated with these types of digital assets.

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Crypto News

Bitcoin Gold (BTG) To Be Delisted By The Bittrex Cryptocurrency Exchange Platform

The Bittrex cryptocurrency exchange platform has notified that it will remove Bitcoin Gold (BTG) from its list of cryptos as of September 14th, in a controversial decision that includes accusations from the startup of causing problems due to 51% attacks and loss of funds. Under these arguments, Bittrex requested compensation of about 6,000 BTG, or about $128,400, which the Bitcoin Gold team refused to pay so that Bittrex would delist the token.

Bitcoin Gold (BTG) team stated the Bittrex decision is not affecting them

Although Bitcoin Gold (BTG) regretted Bittrex’s decision, it made it clear that the impact that this elimination from the exchange platform will have on its ecosystem “will not be substantial as Bittrex has not been a superior liquidity provider for BTG in recent months.” The crypto’s team highlighted that its main exchanges remain HitBTC, Bithumbumb, Binance, Bitinka, and Bitfinex.

“Bittrex markets represent a small fraction of our volume at this time. Bittrex announced this decision today based on a double-spending attack on May 19th, despite all our efforts to help them, and even though the danger has passed,” stated the Bitcoin Gold (BTG) team.

A cyber attack on Bitcoin Gold (BTG) caused losses of $20 million on Bittrex cryptocurrency exchange

The constant attacks on BTG’s PoW and blockchain have resulted in more than $20 million in theft, which is why Bittrex would have made this decision.

In May this year Bitcoin Gold (BTG) was attacked with rented computing power from NiceHash in which those involved managed to steal around $20 million, so Bittrex temporarily suspended payments with Bitcoin Gold (BTG).

While Bittrex cryptocurrency exchange demanded BTG team to pay some compensations, the devs behind Bitcoin Gold (BTG) refused to pay the money, forcing Bittrex to decide to delist this cryptocurrency. On the other hand, Bitcoin Gold (BTG) team stated it doesn’t feel responsible for the cyber attack in question.

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News Tech

The Best Programming Languages for Mobile App Development

Mobile applications have created an industry that has evolved more and more in the past years. Many developers have shifted towards this field, which is truly a rewarding one. However, the task is more challenging as well. Innovation defines this industry and mobile apps are expected to be as productive as possible.

If you are interested in mobile app development, you should know that an essential first step is choosing the right programming language. There are various factors that you need to take into account before you choose one. We are going to discuss about the pros and cons of some of these languages.

Objective-C

This is the main programming language for iOS. Apple itself chose it to build apps. It comes with some features that are able to handle the graphics, display functions. We should also add that Objective-C is integrated into all MacOS and iOS frameworks.

C++

If you are going to develop a mobile app for Windows and Android, C++ can handle the job. However, keep in mind that this language is fit for low-level programming. Back in the day C++ used to be one of the dominating programming languages, and it can help you create an app, no matter what its purpose is.

Swift

This programming language is newer, and it is perfect for iOS applications. It was used for the latest APIs from Apple, Cocoa Touch and Cocoa. This language was originally written to work Objective-C, but it shortly became the ideal choice for iOS developers. All the flaws that existed with Objective-C are removed, and Swift developers have become more and more popular.

Swift

If you are looking for a programming language that merges well with iOS apps, Swift is a great option. In fact, Swift was used by Apple to write the code for two APIs, Cocoa Touch and Cocoa. iOS developers are encouraged to take a look at Swift, as this language comes to fix all the vulnerabilities that were possible with Objective-C.

It is also a known fact that Swift developers are wanted by many businesses, so learning this programming language might offer you various job opportunities.

Java

Java remains one of the most popular options for developers who are working on an Android app. This language was developed at Sun Microsystems, which now belongs to Oracle. There are two ways in which Java can run, either in the window of a browser, or in a machine that does not need a browser.

The only drawback for Java is that it does not represent a good choice if you are looking for iOS development. Otherwise, there are plenty of reasons why you should choose this one.

HTML5

This programming language is one of the most well-known. If you want to build a Web-fronted app, HTML5 is ideal. However, you should remember that it remains a proposed standard. The good thing is that numerous browsers support it.

This programming language comes with plenty of benefits. HTML5 makes it fairly easy to insert different data types, the input parameters are rationalized and it also manages to account for various screen sizes. It is also easier to learn this language as it builds on HTML, and it would be a lot more difficult to learn a brand new language.

C#

This programming language is just what you need, if your goal is Windows development. Developers who want to build Windows Phone apps should take a look at C. While it does not represent a good alternative for other platform, it is the perfect match for Windows.

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Economy News Tech

Top IoT Business Trends which will Drive Innovation in 2019-2020

The Internet of Things managed to create a lot of hype among people and it will continue to do so because, by 2020, it is predicted that it will generate $344 billion in additional revenues and it will be able to produce $177 billion in cost reductions as well. The factories based in the United States have already noticed notable increases in performance metrics thanks to enhanced reality solutions and IoT.

They allow your employees to cover routine management issues and increase the level of productivity by 40 to 60 percent. These impressive numbers showcase one of the latest trends in the IoT which can be singled out from what shown during the IoT Tech Expo which took place this year in Amsterdam. This exposition was able to gather under the same roof the latest advances in the blockchain, IoT and AI technologies.

Clients use these very innovations to improve their businesses. So let’s see what are the latest trends which will help your business grow through the Internet of Things. The first one says that the IoT is driven by industries and that’s what most of the cases are about. Raw technologies aren’t worth being the primary point of focus. Instead, clients should focus on real problems and solutions.

A survey took by IDC shows that 31,4 percent of companies took the path of launching IoT products, while an additional 43 percent of them are looking to do so in the next 12 months. From the ones that use it, 55% believe that IoT represents a strategy to help them face their competition in a more efficient way.

Another trend in represented by a wider adoption of consumer IoT. According to Gartner, connected things will show a huge increase in revenue, reaching 20.8 billion in 2020, as opposed to only 6.4 billion in 2016. Often, this rise is linked together with the emergence of various smart home devices, like CUJO.

The foreseeable future shows the market being formed by hardware manufacturers and their partners who look towards making their products reliable and easy to use and maintain. By launching platforms and SDKs, they want to cut down costs and time consumption required for making firmware or software products.

The third trend tells us that interoperability matters because that’s the direction in which the market is drifting towards. The owners will shape it and adjust it through carefully though of steps. The process of unification around certain protocols and standards might take a while to implement, but some of them are already promoted by companies, such as the Bluetooth Low Energy which is incorporated by MobiDev for automotive IoT.

Regarding this third trend, you should make sure that the next IoT product you make should be easily adjustable to standards that are yet to be made. This is where things get tricky, in designing a project that is flexible enough to support transformation and maintenance.

The fourth trend is about IoT’s security issues and solutions that are constantly evolving. Business Insider stated that approximately $6 trillion will be spent in the next five years by businesses and governments for IoT solutions. They would have to deal with the vulnerability of connected devices.

With multiple attacks happening in these past years, the focus should be put on preventing main security threats during the earliest stages of development. A manufacturer should dedicate a separate page concerning security standards and requirements necessary for the product inside their product documentation.

Last but not least, you will face a trend that looks to combine multiple innovations inside IoT solutions. A tech product that looks towards achieving a certain business goal must be based on a number of technologies which must be able of working together. For this they must be a perfect fit and work seamlessly.

Categories
Games News

Dragon Quest XI – Here’s How To Open Red Doors And Metal Doors In Dragon Quest XI

While playing Dragon Quest XI and journeying around Eredea, you’ll bump into some intriguing doors that you won’t be able to open. Some are big, red doors with a golden triangle-like crest on them, while others are presenting some metallic bars resembling prison cells doors. Well, the only way to unlock these doors is to put your hands on some keys which will be available at different points across the adventure in Dragon Quest XI. Luckily, here’s how to open red doors and metal doors.

Unlocking red doors in Dragon Quest XI

As you progress in the game’s story and solve the situation in the town of Phnom Nonh, you’ll get a Magic Key. With that one, you’ll be able to get access to Sniflheim for the first time, but you’ll also gain have access through all the red doors in Dragon Quest XI.

So, before continuing your journey, it would be smart to revisit each city you went through until this point of your adventure to open some red doors and grab a lot of goodies. Ideally, start with Gallipolis City, Puerto Valor, and Lonalulu.

How to open metal doors in Dragon Quest XI

Unlocking metal doors is much more challenging, but not impossible. I guess every time you bump into one of these hard-to-open prison-like doors you’re wondering if you missed an important key on the path, but that’s not the case here.

Only the Ultimate Key can unlock metal doors in Dragon Quest XI, and you’ll be able to obtain this key late in the game, in a treasure chest you’ll see after an essential discussion at Haven’s Above. However, once you have the Ultimate Key, don’t forget to return to the places where you saw metal doors to open them and get lots of precious goodies.

It would be ideal to start with Gondolia, Puerto Valor, and Phnom Nonh.

In other news, Dragon Quest XI, which is now available for PS4, will soon come to Nintendo Switch, too, but an exact release date is unknown.

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