Connect with us

Altcoins

NEM’s partner LoyalCoin [LYL] partners with Grab Philippines

Akash Anand

Published

on

NEM's partner LoyalCoin [LYL] partners with Grab Philippines
Source: Pixabay

In a Twitter post on 6th July, NEM has announced that it will be partnering with a ride-hailing platform ‘Grab’ to further its projects in the Philippines. Grab Philippines will soon start accepting LoyalCoin to purchase Grab vouchers in the loyal wallet app to avail discounts. LoyalCoin [LYL] had partnered with NEM in November 2017.

NEM's tweet | Source: Twitter

NEM’s tweet | Source: Twitter

Grab is a Singapore based ride-hailing company with services now functioning in several countries in South Asia. They recently launched a new food delivery service and upgraded its customer support service.

NEM and LoyalCoin are working towards laying a strong foundation for blockchain technology in Southeast Asia, with the NEM blockchain center in the Philippines being a testament to that.

Superior smart contract plugins used by NEM enable its blockchain engine to power both, public and private networks. The NEM Foundation aims to overtake others in the blockchain industry by pushing enterprise solutions. The additional perks of these plugins are advanced account systems, swaps that will be decentralized and secure and business logic modeling. The platform is also planning to strengthen its digital asset creation functions.

The NEM blockchain was launched in March 2015 aiming to provide solutions for enterprise and believes that technology should always be envisioned as out of the box.



De_Vi_L_uCa_s, a crypto enthusiast commented on the post:

“Wow, this is big. I believe this can bring NEM to a whole another level.”

LoyalCoin is currently standing at 269 in the cryptocurrency market rankings. The coin is trading at $0.047 with a market cap of $23.43 million. Post the announcement, the coin saw a surge of $7.68 million in its market cap, from $15.76 million to $23.44 million in about 45 minutes post the announcement.

CoinMarketCap's chart | Source: CoinMarketCap

CoinMarketCap’s chart | Source: CoinMarketCap





Subscribe to AMBCrypto’s Newsletter




Follow us on Telegram | Twitter | Facebook



Engineering graduate,crypto head and Arsenal fan. Is fascinated by technology and all its marvels. Strictly against pineapple on pizza.

Bitcoin Cash

Bitcoin Cash [BCH] rolls out iOS version of Bitcoin Cash Register

Rishi Raj

Published

on

Source: Pixabay

Bitcoin Cash [BCH] recently made headlines when the CEO of Bitcoin.com, Roger Ver got involved in a bet of $10,000 with Tone Vays, a popular Bitcoin maximalist which the former lost. After launching a free point-of-scale solution, Bitcoin Cash Register for Android operating systems, Bitcoin.com and its developers have rolled out an iOS version of the same.

Bitcoin Cash register allows anyone with an Android or iOS device to accept BCH payments. This came as a part of the company’s agenda to promote the adoption of crypto in the mainstream. With the installment Bitcoin Cash Register, it would be easier for retailers to accept BCH as payment from customers.



As reported by Bitcoin.com, Bitcoin Cash Register claims to be easy to use without any prior account registration and the transactions are carried out in a non-custodial manner. This was confirmed by Bitcoin.com via a tweet:

The bet between Roger Ver and Tone Vays regarding the low transaction fee had left the social media divided, with proponents on both sides arguing about the authenticity of the bet and factors taken into consideration while betting.





Subscribe to AMBCrypto’s Newsletter


Continue Reading

Trending