1. Moscow Uses Blockchain To Create A More Transparent Democracy Moscow has been using blockchain technology to improve the structure of its democracy. It started with the program “Active Citizen”, enabling the public on topics such as the name of a new train, or the design of a ‘Moscow Doctor’ badge. Residents as a private version of the Ethereum blockchain, which allows the auditing of open-source results, was included in the structure of the program. The Strategy and Innovations Advisor to the CIO, Andrey Belozerov, hopes to eliminate the sense of distrust of the residents of the Russian capital as well as other governments. The program Active Citizen was also used to gather the opinion of the public on the , a plan to innovate the city and turn it into a ‘smart city’. The project is currently planned until 2032. to vote trusted the vote counting Moscow Renovation program 2. 16 Crypto Exchanges to Launch a Self-regulatory Body in Japan We previously on a self-regulatory body for the Japanese crypto industry being set up through the merger of the Japan Blockchain Association and the Japan Cryptocurrency Business Association. However, according to two sources, the plan has been abandoned. This to launch their own self-regulating body. This body is going to be registered with the Japan’s Financial Services Association (FSA). This info led some to assume that these sixteen exchanges could be the same exchanges which are with the country’s financial regulator individually. reported prompted sixteen crypto exchanges already registered 3. Bitfinex And Coinbase To Support SegWit The two biggest exchanges in the world, Bitfinex and Coinbase, have announced they are going to . Users will now be able to make payments and withdrawals in Bitcoin using wallets updated with ‘ ’. This update of the Bitcoin blockchain has cut costs, sped up transactions, and increased the level of security. Coinbase first the move in December 2017. Investors and users were informed by Dan Romero, the Vice President and General Manager of the company. support SegWit segregated witness announced 4. Bitcoin Will Probably Become One of The Main Payment Methods, says PayPal exec John Rainey, PayPal’s Chief Financial Officer, was recently interviewed by the and Bitcoin was one of the topics discussed. Rainey stated that they were to accept Bitcoin as a form of payment on their Braintree platform three years ago. He went on to say that currently, the currency’s volatility makes it too unpredictable for a seller to accept it, especially in terms of profit margin. However, he believes that there is a high chance it will become one of the main forms of payments . On a similar note, according to a conducted by Paymentsense, a third of SMEs think the high street will start accepting Bitcoin payments by 2020. Wall Street Journal one of the first companies in the future survey To receive our daily news roundup in your mailbox, sign up here: http://bit.ly/BlockExNewsRoundup

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