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BitOasis Partners With MBC Group

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BitOasis, the Middle East and North Africa’s (MENA) leading crypto-asset trading platform, has entered into a strategic partnership with MBC GROUP, the largest and leading media company in the MENA region. 

The tie-up will see MBC support BitOasis in rolling out crypto educational and awareness campaigns across the region through MBC GROUP’s full portfolio of digital platforms and TV channels. 

UAE-based BitOasis has grown to become the region’s largest crypto trading platform, having recorded over USD 4 Billion in trading volume to date.

According to “The Chainalysis 2021 Geography of Cryptocurrency Report”, the MENAT (Middle East, North Africa & Turkey) region’s cryptocurrency market grew by 1500% between July 2020 and June 2021. The recent surge in crypto activity makes the MENAT region one of the fastest growing markets in the world. A recent You Gov study shows that 21% of those surveyed in the UAE indicated that they intended to invest in crypto within the next 12 months – the third highest figure globally. The same survey shows that 18% of Saudi residents already trade in crypto. BitOasis plans to connect with this audience via its trusted regional brand and a new educational program distributed across the largest media network for MENA.

Commenting on the growth potential within the regional crypto space, Ola Doudin, CEO and co-founder of BitOasis said: “In countries like the UAE and Saudi Arabia crypto assets are steadily going mainstream due to early adoption by tech-savvy Millennial and Gen Z retail investors, but a massive majority across the region still do not have a good understanding of this emerging asset class. BitOasis has an obligation to address that. We are ramping up efforts to ensure consumers are aware and educated about investing in crypto across our region whilst offering the simplest and most accessible way to invest.”

Doudin continued: “Our collaboration with the MBC Group aligns with BitOasis’s long-term objective of building an efficient, secure and inclusive virtual asset ecosystem within the region. Crypto education is front and center of our strategy, and MBC’s trusted and high-visibility platforms will allow us to localize our approach towards educating regional audiences about virtual assets.”

Fadel Zahreddine, Group Director of Emerging Media at MBC GROUP added:  

“We’re witnessing the fast speed at which our region is embracing and adopting the blockchain and web3 technologies. Seeing as how crypto currencies are essential to this ecosystem, we see this partnership as a natural progression as we usher in this new era.”

Srinu Chowhan, VP of Marketing & Growth at BitOasis adds: “Our goal is to bridge the crypto knowledge gap, and our partnership with MBC will help us realize this goal. BitOasis’s crypto awareness initiatives will help demystify blockchain and crypto assets, and MBC’s media platforms will play a key role in ensuring this educational content reaches across the region.”

Daily cryptocurrency trader, miner, technology enthusiast and a full time IT and security consultant. If you have any questions or comments please feel free to email him at [email protected]

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Press Release

BMC Software Partners With Telefónica to Bring Blockchain to Data Workflows

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BMC Software, the American multinational information technology services and consulting has announced a new partnership with Telefónica to integrate blockchain capabilities into the BMC Helix Control-M platform using Telefónica Tech’s TrustOS service.

The BMC Helix Control-M solution is a SaaS platform that simplifies the integration, automation, and orchestration of highly complex enterprise application and data workflows. BMC Helix Control-M production workflows deliver companies’ critical business services.

This new integration between BMC Helix Control-M and Telefónica Tech’s TrustOS blockchain capability is a great added-value example of what our long-standing partnership with Telefonica in Spain brings to customers. We are very pleased Telefónica can offer our BMC Helix Control-M SaaS platform, now supporting TrustOS blockchain use cases, to help customers drive their digital business modernization efforts.

Gur Steif, president of Digital Business Automation at BMC

BMC Software specializes in software designed to enable an autonomous digital enterprise, developing products used for multiple functions including automation, service management, DevOps, workflow orchestration, AIOps, and security. BMC software is known for it’s enterprise level software products such as BMC Remedy, BMC Control-M, Atrium CMDB ..etc.

Telefónica Tech is the leading company in digital transformation. The company has a wide range of services and integrated technological solutions for Cyber Security, Cloud, IoT, Big Data, and Blockchain.

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Applicature Partners with ETC Labs

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Applicature, a blockchain development agency, is pleased to announce a strategic partnership with ETC Labs, a blockchain platform, to facilitate blockchain-based projects on the ETC network and amplify competitive advantages for both parties.

The goal of the partnership is collaboration in the blockchain space to ensure onboarding of solid projects to the ETC ecosystem by providing instant feedback and support for maintaining a competitive edge in the marketplace.

Applicature is a thought leader in the blockchain niche, an EEA contributor, and a silver Oracle partner working on blockchain-based enterprise applications. With Applicature’s best practices and sustainable solutions, the ETC team will benefit from the opportunity to expand adoption and establish partnerships with top-notch players in the market.

“We are in the market phase where blockchain networks are working hard to find more economic use cases, and we are happy to collaborate with ETC Labs, seeking the best fit and maximizing outcomes in key niches,” noted Applicature CEO Ian Ihor Pidruchny.

Affiliation with ETC Labs will foster a solid entrepreneurial foundation for projects development on the ETC platform while establishing a partnership community based on business development.

“We are excited to partner with Applicature and further advance the growth, utilization, and adoption of Ethereum Classic for enterprise projects. We share the same vision of expanding uses of blockchain solutions for sustainable solutions through education, development and creative thought leadership, and we are excited to add Applicature to our growing list of global Studio partners,” stated Terry Culver, ETC Labs’ CEO.

About Applicature

Applicature is a blockchain development agency with headquarters in San Francisco, California and a development center in Ukraine. It offers full-cycle blockchain development and technical support for projects, and carries out research and customization of blockchain solutions. Applicature serves as a technical advisory to blockchain companies and as a technical consultancy for token offerings.

Official website: https://applicature.com/about-applicature

Facebook: https://www.facebook.com/applicature/

Linkedin: https://www.linkedin.com/company/applicature

Medium: https://medium.com/@Applicature

Email: [email protected]

About Ethereum Classic Labs

Ethereum Classic Labs’ mission is to advance the development, utilization, and adoption of the Ethereum Classic community, core technology, and ecosystem through ETC Labs Core and ETC Labs Accelerate. Supported by a core development team to create development tools, interoperability functionality and technology resources, ETC Labs Core provides blockchain developers the resources necessary to build socially impactful, decentralized applications that are vital to the traditional community core values. ETC Labs Accelerate is dedicated to providing financial assistance and mentorship programs to advance the creation, growth, and proliferation of Ethereum Classic solutions.

Scope of services:

1. Token build and crowdsale

2. Pre-crowdsale marketing and promotion

3. Post-crowdsale marketing and promotion

Website: https://etclabs.org

Twitter: https://twitter.com/etclabs?lang=en

Linkedin: https://www.linkedin.com/company/etclabs

Medium: https://medium.com/ethereum-classic-labs

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How Cryptocurrency Is Impacting Esports

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The esports sector has skyrocketed in popularity over the past five years and there are now 454 million competitive gaming fans spread across the globe. It has enjoyed a rapid rise from niche pursuit to multibillion-dollar industry and its potential for future growth is immense.

The esports scene appeals to a young, tech-savvy audience and it is bursting with dynamism, excitement and innovation. It mirrors the cryptocurrency movement in many ways and there are a number of synergies between both industries, so it is unsurprising to see them becoming increasingly intertwined.

Teenage Gamers Become Multimillionaires

For the uninitiated, esports essentially involves teenagers and young adults playing video games against one another in a bid to win prizes. The world’s leading Dota 2 players just converged upon Shanghai to contest The International 2019 and the prize money on offer was $34.3 million.

The team that won, OG, shared $15.5 million, meaning $3.1 million apiece for each of the five team members – N0tail, JerAx, ana, Ceb and Topson. The winner of the solo event this year’s Fortnite World Cup, a 16-year-old from Pennsylvania called Bugha, walked off with $3 million, so we are talking about serious money here.

The winners of Wimbledon, The Masters and the Indy 500 received less than that, showing just how far esports has come in recent years. Major companies from a wide spectrum of industries are piling in, as sponsors of big teams and tournaments include MasterCard, Intel, Coca-Cola, Audi, KFC, Samsung and many, many more.

The Consumers of the Future

They know that esports fans are the consumers of the future, and sponsoring tournaments is a great way to target them. Securing sponsorship from these huge firms is beneficial to the competitive gaming sector, as it allows players to earn more money and it makes the scene more professional, but they can sometimes feel clunky. Bud Light’s foray into esports was one such disaster.

The crypto sector has no such worries. It can be woven seamlessly into competitive gaming, and both industries can flourish alongside one another.

The reason the prize pool for The International 2019 was so high is down to the compendium model that developer Valve uses. Dota 2 players buy a “battle pass” each year and a portion of that cash is funnelled into the prize money for The International.

Revolutionising In-Game Transactions 

Blockchain technology can be used to make those battle pass transactions quicker, simpler and safer. The biggest esports operate on a free to play model whereby they make money from charging players for optional in-game extras, including cosmetic upgrades and new skills. Dota 2, League of Legends, CS:GO, Fortnite, Overwatch, Hearthstone and more all use this economic model.

And it is big business. The esports industry is worth $1.1 billion in 2019, according to NewZoo, but that only factors in media rights deals, ticket sales, commercial tie-ins and merchandising. The games that are thriving because of their popularity within the esports sector make a lot more money than that.

League of Legends, for instance, made more than $3.5 billion for developer Riot Games in 2017 and 2018. Fortnite developer Epic Games makes billions each year by charging for in-game microtransactions and it is targeting esports in order to achieve longevity for the popular battle royale title.

A Decentralised Currency

Yet these in-game transactions are currently far from perfect. It is difficult to receive money from around the world, and developers like Valve have used platforms such as Steam to circumnavigate the issue. Yet it can be slow, laborious and rife with middlemen taking a cut. Cryptocurrency can negate all of that in one fell swoop.

The likes of Bitcoin, Ether, Bitcoin Cash and Litecoin are set up as decentralised digital currencies that transcend international boundaries with ease. Banks are out of the loop, so there are no middlemen taking a cut and no central governments threatening the transaction.

It is also a lot more secure for gamers and developers alike. There is no need for gamers to insert private details into web forms and hand over credit card details, which can be targeted by hackers. Crypto transactions are anonymous, peer-to-peer trades and it represents the best way for gaming companies to sell in-game extras to hundreds of millions of players around the world.

Crypto Firms Invest in Esports

A number of crypto firms are investing heavily in the space. Bitrefill, for example, is a crypto trading platform that allows gamers to purchase vouchers for online gaming services like as Steam and Blizzard’s Battle.net, with Bitcoin. GamerAll allows CS:GO players to buy skins, keys and items with a huge range of cryptocurrencies, from Bitcoin, Ripple and Bitcoin Cash to Monero, Stratis and ZCash.

Unikrn, a site dedicated to esports betting, tips and news, is another great example of an esports pioneer investing heavily in the cypto sector. Using the Ethereum blockchain, it can process up to 9,000 wagers per second, and if you check out esports betting markets here you will see just how many betting options there are.

“We have the safest wagering experience,” said Ryan Jurado, head of global content at Unikrn. “Traditional wagering does a perfectly fine job, but being able to incorporate blockchain makes everything easier for the customer, makes everything easier for us and makes everything easier for regulators. And it lets us unlock new functionality down the road.”

A Wealth of Potential

Cryptocurrency is impacting upon esports and the wider video gaming industry in a huge number of ways, and they will only become more interwoven in future in mutually beneficial ways.

Gamers have been accustomed to trading in fiat currencies for digital currencies that can be spent on in-game purchases for more than a decade, so it is an easy sell to them. The target demographic for these two sectors is very similar and it is growing with each passing year, so the potential is huge.

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