The International Air Transport Association (IATA), which brings together some 300 airlines from all over the world, including Brazilian airlines, has announced that its DLT platform, called Travel Pass, is operational and therefore available to its members

Goal, TAM and Blue must use a blockchain passport for certification of Covid-19NOTTICES tests

Brazil’s largest airlines, Gol, Tam and Azul, may soon use a blockchain platform for passenger certification to prevent the spread of the coronavirus.

This is because the International Air Transport Association (IATA), which brings together about 300 airlines from around the world, including Brazilian airlines, has announced that its DLT platform, called Travel Pass, is operational and therefore available to its members.

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Thus, according to IATA, the Travel Pass digitally Bitcoin Revolution review stores the health information of each passenger, facilitating the verification of data at the time of boarding, including coronavirus tests, requested by many countries at the time of boarding and vaccines .

According to an official statement, the organization stresses that although the data is managed by each user, the platform connects to government agencies and health centres that issue tests to detect VOCID-19, ensuring the authenticity of the information.

Blockchain
Alan Murray Hayde, head of security products at IATA, explained that the platform consists of four independent components which interact with each other.

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In the first module passengers can consult what are the mandatory requirements for Covid-19 required by a country or territory.

With this information, passengers can then consult the authorised centres in their country that meet the requirements established in their destination countries or cities. In the third part, once the place for testing has been selected, the data are sent to the platform enabling the vaccination certificate or test result.

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This way, in the last module the passenger can issue a digital passport proving that he is fit for the rules of that territory.

“Once the passenger has a digital version of the passport on the phone, he will go to the lab and read a QR code, which creates a link between the passport data and the lab, to verify the person’s identity,” Murray Hayden said.

First users
As the Cointelegraph showed, four major airlines have signed up for the programme so far: Singapore Airlines and British Airways plan to start the first test phase as early as February, while Etihad and Emirates currently plan a launch date in April.

“This is the beauty of the technology we are using; it puts the passenger in complete control of their data. There is no central database and nobody can hack it. The passenger has their data and shares it with the airline. It is so powerful and probably one of the first examples of blockchain technology being implemented in a way that benefits people,” Hayden said.

Hayden said with the airline he now has all the passenger details and they are 100% sure that the passenger is safe to fly.

Rick en Morty-gerelateerde crypto kunstwerk verkocht op een veiling voor $150.000.

Het kunstwerk van Justin Roiland, medeschepper van de animatieserie Rick and Morty, stond op de NFT-beurs van Gemini.

Een crypto kunstwerk gemaakt door Justin Roiland, medeschepper van de populaire animatieserie Rick en Morty, is voor een flinke Bitcoin Up prijs verkocht op de non-fungible token marktplaats Nifty Gateway.

Genoemd “The First Ever Edition Of Rick And Morty Cryptoart”, werd het werk met de naam “The First Ever Edition Of Rick And Morty Cryptoart” via een stille veiling verkocht voor $150.000. Op 19 januari kondigde Nifty Gateway het nieuws aan op Twitter.

“Het werk ‘First Rick and Morty Crypto Art’ van @JustinRoiland is verkocht voor $150.000 in blanK. Gefeliciteerd met de winnaar en @JustinRoiland!”

SILENT AUCTION RESULTAAT “First Rick and Morty Crypto Art” van @JustinRoiland

blanK

Gefeliciteerd met de winnaar en met @JustinRoiland! De laatste 2 stille veilingen hebben nog 5 minuten te gaan. pic.twitter.com/M7k7PzlIRp
– Niftygateway (@niftygateway) 20 januari 2021

Het nieuw verkochte werk maakt deel uit van Roiland’s crypto kunstcollectie “The Best I Could Do”, die verschillende werken bevat die geïnspireerd zijn op de Rick en Morty serie, maar ook animaties die geïnspireerd zijn op The Simpsons.

Het werk van Roiland, “The Smintons” genaamd, wordt vanavond met de afsluiting van de veiling verkocht.

Op het moment van schrijven is het hoogste bod $188.137

Het nieuws komt slechts enkele dagen nadat Nifty Gateway de veiling van de collectie van Roiland aankondigde, die op 13 januari werd uitgebracht. Het lijkt erop dat de medeschepper van Rick en Morty een early adopter is van Bitcoin (BTC), aangezien hij de cryptocurrency in 2015 publiekelijk heeft onderschreven.

Nifty Gateway, dat behoort tot Gemini, de cryptocurrency exchange van de Winklevoss-tweeling, is een grote marktplaats die meerdere NFT-verkopen per dag mogelijk maakt. In december 2020 werd een Star Wars-thema NFT verkocht voor $777.777 op het platform. Eerder, veilde Nifty van Trevor Jones’ “Picasso’s Bull” NFT voor $55.555.

In de afgelopen maanden zijn de crypto NFT’s geleidelijk aan in een stroomversnelling geraakt, waardoor bekende makers en kunstenaars nieuwe mogelijkheden hebben gekregen om hun werk rechtstreeks aan de fans te verkopen. Eind 2020 veilde Sean Ono Lennon, een Anglo-Amerikaanse muzikant, songwriter en producent, een getoken digitaal kunstwerk op de NFT Rarible marktplaats.

While fund provider CoinShares suspects profit-taking by institutional investors for Bitcoin, Polkadot (DOT) can underline its strong perfomance of the last weeks. Market Update.

The bitcoin price remains in a crawl – with a tenuous negative sign. At the time of writing, the No. 1 cryptocurrency is trading at $34,570. Within the last 24 hours, BTC is thus down about 2 percent.
The bitcoin price over the last 24 hours. Left: Trading volume in BTC. BTC was able to recover from the drop to 33,500 USD – but not much more.

In order for it to go up again, the bulls must first recapture the resistance at USD 35,000. Otherwise, a slide to the next support at 33,770 USD is imminent. A detailed description of the bullish and bearish scenarios for the bitcoin price can be found in the current price analysis.

Are the “Instis” pushing the Bitcoin price?

The fact that the Bitcoin price is currently struggling to sustainably overcome the 35,000 U.S. dollars could go hand in hand with increased selling pressure from institutional investors, namely in the form of crypto investment funds. Fund provider Coinshares did note an inflow of $359 million into crypto funds in its weekly asset flow report for last week – a level last seen in the run-up to Christmas. However, funds also sold crypto assets – led by bitcoin – for the second week in a row, this time to the equivalent of $85 million. Coinshares is assuming profit-taking here, looking to profit from the recent sharp rise in the Bitcoin price.

Strong dollar = weak bitcoin?

Coinshares provides another explanation with an allegedly increased Trade Weighted US Dollar Index. This metric, developed by the Federal Reserve, determines the purchasing power of the U.S. dollar by comparing it to a basket of 26 fiat currencies.

Last week also saw an appreciation of the trade-weighted US dollar, which typically correlates inversely with the bitcoin price, which could also be the reason why some investors are taking profits,

the Coinshares report states. Whether the Trade Weighted US Dollar Index (DTWEXBGS) really offers a sufficient explanation for the profit-taking by institutional investors, however, is a question mark. The Fed data at least do not yet speak the language of a strengthening U.S. dollar. Only in comparison to the first week of January, a small growth in the DTWEXBGS can be observed. However, the index is still far from the pre-pandemic level.

Polkadot remains bullish

With the meager daily balance, Bitcoin finds itself in good company within the top-10.
The top-10 cryptocurrencies by market capitalization. Source: BTC-ECHO

Of the top ten cryptocurrencies by market cap, only Polkadot (DOT) is posting notable gains at the time of writing. Currently, DOT is trading at $16.84 USD.

Against the U.S. dollar, DOT thus gained 6 percent on the day. The increase in DOT/BTC was even more significant: Here, the crypto network, which is designed for interoperability, was able to gain almost 8 percent. Thus, DOT seems to continue its impressive performance of the last 30 days for the time being – even if DOT has so far cut its teeth at the 18 US dollars. In view of the price gains of more than 240 percent in the last month, a timely correction should not surprise anyone.

The fact that, in addition to Polkadot, Cardano (ADA) and VeChain (VET) continue to perform solidly indicates the unbroken popularity of proof-of-stake networks.

An analyst from the Mizuho financial group believes that PayPal could significantly increase its turnover thanks to its highly successful cryptocurrency services.

PayPal faces huge demand for its Bitcoin and crypto services

Dan Dolev’s prediction was reported by the Market Watch media outlet . Dolev has revised its PayPal stock price prediction (PYPL) upward , due to demand for its Bitcoin-related services. He explains as follows:

“[There is] a huge increase in user engagement, thanks to cryptocurrencies. ”

It seems that PayPal users who hold Bitcoin and cryptocurrency open the app at least once a day . In addition, they manage funds that are on average larger than users who do not hold cryptocurrencies.

The crypto services of the payments giant have indeed experienced an unexpected influx of users, with an exchange volume that exceeded $ 242 million in 24 hours a few days ago … And this while the services are for now reserved for users located in the United States, and that cryptocurrency payments are not yet available.

PayPal’s turnover boosted by cryptocurrencies?

Hence this conclusion from Dan Dolev: PayPal could generate $ 2 billion in revenue from Bitcoin by 2023. This would correspond to 10% of its total revenue over the same period. Moffett Nathanson analyst Lisa Ellis is also bullish, estimating that PayPal will generate $ 600 million in revenue from cryptocurrencies as early as 2021 .

The online payments giant is in any case very well positioned to become a major player in the market in the years to come. The company is also gradually consolidating its position : we learned at the beginning of the month that PayPal had financed a startup specializing in the taxation of cryptocurrencies .