A local administration in Alicante of the state lottery will implement the Blockchain technology to guarantee the immutability of the winning ticket.

A local administration in Alicante in Spain has announced the use of Blockchain technology for the next Christmas lottery draw this December 22nd.

The Lottery Administration 6 of Alicante (El Negrito), is responsible for using the blockchain to generate greater credibility in a draw that expects to distribute some 33.9 million euros in prizes on Christmas Eve, according to the local newspaper Informacion.es.

Regarding the unpublished announcement for the sector of shipping and chance in Spain, the manager of the Administration said that it is the first in the country that begins the certification of its product with a public Blockchain, in one of the most important seasons in terms of sales.

“By certifying in Blockchain that the purchased plays are of his own, the client can be 100% sure that he will collect his prizes. Even if our administration was set on fire and only ashes were left from his tickets, he could collect them, since he has a legal proof valid at European level that he is the owner of that play”, highlighted Mateos to the local newspaper.

For Mateos, the implementation of the Blockchain technology Binbot scam brings benefits to both the seller and the buyer, because even if the ticket is lost or the lottery player ‘escapes’, the buyer will always be able to collect the prize in case of being the winner, because of the confidence and immutable traceability that transmits the chain of blocks.

“This technology gives legal certainty from the first second, since having a certificate of ownership of the tickets purchased in blockchain nothing and nobody can prevent the winner from collecting the jackpot that touches him,” he insists.

The use of Blockchain technology in the local administration of the lottery is thanks to the collaboration of Miguel Caballero, author of the book “Bitcoin, Blockchain and Tokenization for the restless” and founder of the prestigious online learning platform Tutellus.

The administration of El Negrito, in Alicante, is one of the ten with the highest turnover in the country along with traditional offices such as Doña Manolita in Madrid or Sort in Lleida, and despite the drop in turnover due to the pandemic, it is still the fourth largest player, only behind metropolises such as Madrid, Barcelona and Valencia.

Blockchain as a guarantee of transparency

The convincing words of the lottery administrator in Alicante regarding the use of the Blockchain and its immutability in the records against any catastrophe, is undoubtedly a point to highlight the benefits of the use of the blockchain in this type of event.

In addition to the immutability of its records and the preservation forever of the ‘winning ticket’, one of the great benefits of the use of this technology in traditional lottery draws, is undoubtedly the confidence that can be generated by its transparency.

With the capacity of distributed and public registers that Blockchain technology allows for any transaction executed in it, the administrations of games of chance can find a strong ally in the chain of blocks that allows them to increase their transparency, security and confidence in their draws.

In addition, these administrations can experience an increase in profits by attracting an audience that will observe with good eyes its implementation, as a means to repair the questioned transparency that many lotteries have around the world.

Examples of implementation in this sector include the cases of the Rio Negro Lottery in Argentina and the Fire Lotto project, founded by Russian entrepreneurs in Cyprus, based on the Ethereum block chain, to name a few.

• W ciągu ostatnich kilku dni i tygodni Bitcoin walczył o przebicie się przez region o średniej do górnej granicy 19.000 dolarów, a presja sprzedaży była tu znacząca.
• Dopóki byki nie zburzą regionu oporu, który zaczyna się od 19 400 USD, może to być kontynuacja przedłużającej się fazy konsolidacji.
• Ostatnie zamknięcie kryptoflady było jednak niewiarygodnie bycze i okazało się, że jest to najwyższe, jakie kryptoflada kiedykolwiek zamieściła na wielu giełdach.
• Mogłoby to wzmocnić jej średniookresową perspektywę, ale nadal istnieją pewne niedźwiedzie czynniki, które działają na jej niekorzyść
• Dopóki Bitcoin nie wykorzysta tej siły makro do przełamania powyżej $19,400, a następnie powyżej $19,800, może widzieć przedłużony handel boczny.

Bitcoin i cały rynek kryptograficzny zostały złapane w ciągu ostatnich kilku dni i tygodni w wyniku długotrwałej fazy konsolidacji.

Zagregowany rynek kryptograficzny z trudem nabierał rozpędu. Można to w dużej mierze przypisać niezdolności kryptowaluty wzorcowej do przełamania jej wcześniej ustalonych, wszechobecnych szczytów.

W którym to miejscu cały trend rynkowy w średnim okresie będzie najprawdopodobniej zależał od tego, czy BTC będzie w stanie ustawić świeże wyży, czy też nie.

Jeden z traderów zauważył, że istnieje duże prawdopodobieństwo, że w najbliższym czasie może dojść do poważnych wzrostów, ponieważ siła ostatniego zamknięcia krypto waluty w ciągu tygodnia będzie prawdopodobnie bardzo duża, aby nadać jej impet.

BITCOIN KONSOLIDUJE SIĘ POWYŻEJ KLUCZOWEGO POZIOMU 19.000 DOLARÓW

W czasie pisania, Bitcoin Code konsoliduje się wokół regionu o niższej cenie – 19.000 dolarów. To właśnie tam handlował w ciągu ostatnich kilku dni i tygodni.

Presja sprzedaży widoczna na poziomie 19 400 dolarów powstrzymała go przed wzrostem w ciągu ostatnich kilku dni, a to był pierwszy kluczowy opór dla krypto przed regionem pomiędzy 19 800 dolarów a 20 000 dolarów.

TRADER: PROGNOZA MAKRO BTC JEST SILNA PO COTYGODNIOWYM ZAMKNIĘCIU

Bitcoin właśnie zamieścił najwyższą tygodniową świecę, jaką kiedykolwiek widział wczoraj, co oznacza, że poważny plus może być tuż za rogiem dla kryptokursztynu.

Jeden z analityków mówił o tym w ostatnim tweecie, wyjaśniając, że bez wątpienia poprawił swoje perspektywy:

“BTC: Uderz w weekend na Bitstamp. Wygląda na to, że Coinbase został zamknięty tuż poniżej 2017 roku w tygodniowym ATH. Tak blisko $20k+”

Mimo, że ma jeszcze przed sobą kilka poważnych przeszkód, zanim będzie mógł ustawić świeże, wszechobecne wzloty, siła, jaką pokazuje w wyższych przedziałach czasowych, jest niesamowicie bycza.

Shapeshift VD Erik Voorhees tror att alla kapitalförvaltare som är okunniga om Bitcoin “måste kontrollera sina lokaler på allvar.”

Shapeshift VD Erik Voorhees har dragit en metaforisk linje i den finansiella sanden och säger att varje kapitalförvaltare bör förstå Bitcoin nu baserat på dess förvånande avkastning.

Voorhees kommenterade medan de retweetade data som delades av analytikerplattformen Messari grundare Dan McArdle som visar att Bitcoin dramatiskt har överträffat allt under det senaste decenniet. Medan guld har gett 32% vinst och S&P 500 har tredubblat investerarnas pengar, har Bitcoin uppvisat en otrolig vinst på 8 837 884% på tio år.

Med tanke på sitt tioåriga liv tror Voorhees att Bitcoin är “mycket överlägsen alla andra investeringar.” Han sa att:

“Man kan förlåtas för att inte förstå det för åtta år sedan … men någon kapitalförvaltare i dag som fortfarande är okunnig om detta fenomen måste allvarligt kontrollera sina lokaler.”

Bitcoin, guld och S&P 500 10 års ROI vs. USD.

Voorhees är inte den enda som diskuterar den nya omfamningen av Bitcoin av traditionell finansiering som tros ligga till grund för det senaste rallyet. Bara den här veckan gjorde ett halvt dussin siffror med expertis i den traditionella finansvärlden liknande hausseartade observationer. Den 2 december förutspådde Crypto-handelsföretagets vd Michael Moro att 250 börsnoterade företag kommer att investera i Bitcoin i slutet av 2021.

Den 4 december sa tidigare JP Morgan råvaruhandlare Danny Masters till CNBC att det snart kommer att vara en “karriärrisk för att inte ha Bitcoin i din portfölj.”

Även den här veckan varnade BlackRocks investeringschef Larry Fink för att Bitcoins framgång skulle kunna ha en verklig inverkan på den amerikanska dollarn och till och med “till stor del kommer att ta plats för guld.” Detta passar med Gold Bullion International-grundaren Dan Tapieros senaste påstående att det bara är en tidsfråga innan Bitcoins pris stiger till sexsiffriga tröskeln.

En av Pakistans fyra provinser uppmanar federal regering att legalisera krypto

I utkastet till resolution noteras att digitala valutor sannolikt kommer att ersätta pappersvalutor i framtiden.

Församlingen för Khyber Pakhtunkhwa, en provins i nordvästra Pakistan, har blivit den första lagstiftande församlingen som kräver förändringar i landets inställning till kryptovalutor.

Som tidigare rapporterats har Pakistan hittills varit relativt långsamt med att införa nya ramar för digitala tillgångar och kryptovalutor. Den här veckans resolution till Khyber Pakhtunkhwa-församlingen introducerades enligt uppgift den 2 december av Sumera Shams, en medlem av provinsförsamlingen och det centrala politiska partiet, Pakistan Tehreek-e-Insaf, eller PTI.

Kollega PTI-medlem Zia Ullah Bangash, som också är rådgivare till Khyber Pakhtunkhwa Chief Minister om vetenskap och teknik och informationsteknik, sammanfattade resolutionen som ett krav på att den federala regeringen ”vidtar åtgärder för att legalisera kryptovaluta och kryptomining i Pakistan. Lagförslaget godkändes enligt uppgift enhälligt.

He wrote a similar letter in 2017, before the currency soared.

Bitcoin continues to show itself as an investment for different reasons, both for those who do trades and for those who see the currency as a reserve of value. With this, many want to encourage other people to invest, and this was the case of James O’Beirne, who wrote a 15-page letter explaining to friends and his family why to buy bitcoin now.

James O’Beirne is one of the developers of Bitcoin Rush, and has been an investor since 2014. He said he believes the digital currency has the power to continue growing in the future.

The letter that was shared on the Internet has 15 pages and shows several reasons why the developer believes in the high and recommends the investment in currency.

“I personally have had a lot of benefit in paying attention to Bitcoin since 2014.

I wrote you a similar letter in 2017, when each currency was worth about $ 3,582 (at the time of writing this document the value is $ 17,810).

I have so much faith in my beliefs that Bitcoin became a full-time job in 2018.

But what’s more important – and the reason for this e-mail – is that I have good reasons to believe in a great positive move next year”.

For him, the price will go up because of the countless reasons that many specialists have been pointing out the active use as a value reserve. For these specialists, including James, we cannot trust the fiduciary currency and the constant threat of increasing inflation.

“You should buy some Bitcoins not only for the price appreciation in the medium term, but to protect yourself against the enormous economic changes that will develop over the next five years”.

Bitcoin will come in $100,000 for being a value reserve

The idea of Bitcoin as a reserve of value is already something very common and has been gaining a lot of strength in recent months. Many are adopting the digital currency instead of gold to guarantee their capital in the face of an inflation scenario.

“A measure against fiduciary devaluation is becoming increasingly important, with the Fed (and central banks around the world) creating record numbers of money to keep the economy in the ICU.

Historically, gold has been the asset of choice for value reserve, but Bitcoin is quickly becoming a much more practical alternative”.

With Bitcoin truly scarce, the more people who adopt BTC as a value reserve, the higher the price of each available asset in the market, law of supply and demand.

James calls attention to the increased institutional interest in using this Bitcoin as a value reserve, citing the recent case of MicroStrategy, which decided on Bitcoin as protection for its treasury. But after MicroStrategy we had other cases, like the company of the creator of Twitter and a total of more than 8 publicly traded companies doing the same.

He also cites the work of PlanB, famous analyst who created the Stock-To-Flow model that also foresees Bitcoin at US$ 100 thousand because of the supply and demand in the next years.

Animated Stock-To-Flow model, showing PlanB’s projection (blank) vs the current asset price.

A few days after the letter written by James, Bitcoin has again reached its historical value, a very important value psychologically for the market.