#technology

Blockchain technology has been used to pilot Brazil's digital real. Execution took place on the Stellar infrastructure of the local Mercado Bitcoin exchange. The experiment included a KYC procedure, a fraud protection check using decentralized identity identification, and direct fund transfers. All worked well, no violations of the country's laws were detected (thankfully, the tests had not yet been banned), though Mercado's head teased that the Central Bank's real motive was to see how things would unfold if it lost its direct control over money.

Hivemapper has finished beta testing a recorder that can be used to earn Honey tokens for contributing to the development of a decentralized global mapping. The technology is simple: 📌 You get paid for videos of routes you plot on maps. 📌Others buy these videos if they suffer from complete lack of sense of direction. 📌Founders of the project make money by selling its car recorders at the cost of an airplane wing. We once joked that people would soon start mining with kettles. And we were right, though wrong about the device. - Patrick, Move-to-Earn is off the table! - If not M2E, then what? - Drive-to-Earn.

Tether's (USDT) chief technology officer Paolo Ardoino claims that the project never received loans from the bankrupt lending platform Celsius. His response came in the aftermath of Celsius' bankruptcy report, in which Tether was listed as "infected" alongside 3AC and Alameda Research. User, get your USDT back before you blow it all on shitcoins!