Cryptocurrency projects also signed some important collaborations this week. There were 4 notable partnerships.
While Bitcoin was moving on the last day of the week, other cryptocurrencies suffered a withdrawal with the effect of the movement in Bitcoin. Many still close the last week with a huge profit.
Looking at the top 100 cryptocurrencies with their market value, Elrond (ERD) stands out with an increase of 62 percent, Swipe (SXP) with 60 percent, TomoChain (TOMO) with 36 percent, ABBC Coin (ABBC) with 31 percent and Ethereum (ETH) with 31 percent ) is watching.
This was the top 5 altcoins that were noticed when evaluated over price increases. So who comes forward when looking at collaborations? Sounding partnerships of this week can be listed as follows:
It was announced on Wednesday that the German-based telecommunication giant Deutsche Telekom’s subsidiary T-Systems will participate in the Chainlink network. It is stated that the company will run a node on the network, thereby providing reliable real-world data to Chainlink network users and decentralized applications (dapp) in Ethereum.
Decentraland x Samsung
Decentraland (MANA), a virtual reality platform running on the Ethereum blockchain, announced that Samsung has reached an agreement with the Blockchain arm. The announcement made on Tuesday stated that Decentraland will enter the Samsung Blockchain as a result of the cooperation with the technology giant, thus adding the Decentraland Marketplace application to the Samsung Blockchain Wallet. This will allow users to securely store NFTs on their Samsung smartphones and trade LAND and Decentraland NFTs.
After the development, the price of MANA increased by more than 30 percent.
VeChain x Color Line
Color Line, one of the largest shipping companies in Europe, uses My Care, a solution developed by DNV GL and based on the VeChain blockchain, according to an announcement Thursday. My Care aims to help companies prepare to tackle and combat Kovid-19 risks during and after a pandemic. Within the scope of Color Line’s My Care methodology, it has been reported that DNV GL has received verification of infection prevention processes and measures.
Yesterday, four South Korean-based banks were announced to cooperate with Chainlink (LINK). According to this; Shinhan Bank, IBK Bank, KEB Hana Bank and Nonghyup; They will feed their chainlink nodes with real-time dollar-won exchange rate data. DeFi providers will thus be able to access decentralized exchange rate data from the outside, while creating smart contracts on Blockchain platforms. The statement noted that this integration with Chainlink is a major step forward for the Korean fintek industry.