Meet the Company that is Creating a Location-Based Data Market on the Blockchain

Meet the Company that is Creating a Location-Based Data Market on the Blockchain
фото показано с : bitcoints.com

2018-6-20 07:51

Current Market Problems
A closed, centralized market for location-based data doesn’t serve data buyers or suppliers in an optimal way.
Buyers are not provided transparency for data sources to verify the quality of data received, rendering purchased data effectively useless.
Data is sent to the Fysical data market where it is cleaned and validated by market service providers who are also paid in FYS tokens.
Data Location Offers New Insights
With Fysical’s blockchain-based location data market, a new world of possibilities is opened for data analysis and machine learning.
Images courtesy of Fysical, AdobeStock
The post Meet the Company Creating a Location-Based Data Market on the Blockchain appeared first on Bitcoinist.com.

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This paper investigates whether Tether, a digital currency pegged to U.S. dollars, influences Bitcoin and other cryptocurrency prices during the recent boom. Using algorithms to analyze the blockchain data, we find that purchases with Tether

Using algorithms to analyze the blockchain data, we find that purchases with Tether are timed following market downturns and result in sizable increases in Bitcoin prices. Less than 1% of hours with such heavy Tether transactions are associated with 50% of the meteoric rise in Bitcoin and 64% of other top cryptocurrencies. The flow clusters

2018-6-13 19:39


Фото:

Research shows Bitcoin’s price increased due to tether manipulation

The U.S. dollar-pegged tether has been used to support bitcoin’s price during market downturns, a new study published by University of Texas at Austin professors. The published study states that the researchers used “algorithms to analyze the blockchain data, we find that purchases with tether are timed following market downturns and result in sizable increases in bitcoin prices.

2018-6-13 19:31