Market review, September 8, 2020

2020-08-09 10:04:50

The Internet security agency of South Korea will become the first state institution to introduce the blockchain-based system of identification of employees through the mobile application from October.

 

According to Yonhap, the Korea Internet Security Agency (KISA) will issue KISA Coin tokens to reward the best employees. Tokens will be available for food, beverages, and stationery.

 

The new system of identification of employees will allow KISA employees to use NFC technology using scanning QR codes to access their working places through the platform at the checkpoint, which will process the database. But the new system isn’t limited to the authentication of the identification data as the employees have to use it for access to the cafe in the agency or to get books from the library.

 

Local media report that KISA plans to implement a blockchain-based employee identification system, first at its Naju headquarters by October and then at its offices in Seoul and Pangyo by the end of the year. Korean Internet Security Agency president Kim Seok-hwan commented on the new system’s implementation: 

 

“I hope that the introduction of mobile DID system in a public institution will not only improve the convenience and security of employees but also serve as a starting point for the launch of similar authentication services in related organizations.”

 

Technical analysis of Bitcoin (BTC):

Over the past day, the price of bitcoin grew to the resistance level of $10,400. Then it dropped to the support level of $10,000. Now, the price of bitcoin is $10,050. In the future, we predict a decline. The nearest resistance levels are $10,250, $10,340, $10,500, $11,000, $11,300, $11,400, $11,500, $11,650, $11,850, $12,000, $12,230, $13,000, $13,500. The nearest support levels are $10,000, $9,850, $9,600, $9,400, $9,300, $9,200, $9,000, $8,600.

Technical analysis of Ethereum (ETH):

Over the past 24 hours, the price of ethereum slightly increased to the resistance level of $355. Then it dropped to the support level of $330. Now, the price of ethereum is $335. In the future, we predict a decline. The nearest resistance levels are $350, $380, $385, $390, $400, $410, $415, $420, $430, $440, $443, $470, $475, $500, $530. The nearest support levels are $330, $325, $310, $300, $290, $277, $270, $260, $257, $250.

Technical analysis of Ripple (XRP):

Over the past day, the price of ripple grew to the resistance level of $0.2440. Then it dropped to the support level of $0.2350. Now, the price of ripple is $0.2350. In the future, we predict a decline. The nearest resistance levels are $0.2440, $0.25, $0.2580, $0.26, $0.27, $0.28, $0.29, $0.2960, $0.30, $0.3080, $0.31, $0.32, $0.3250, $0.3450. The nearest support levels are $0.2350, $0.23, $0.2250, $0.22, $0.2150, $0.21, $0.2060, $0.2020, $0.20.

Posted: 8.09.2020 | Korolowa Helena
Disclaimer. This review is only for information purposes and cannot be considered as a proposal or an indication to perform certain transactions in the financial and commodity markets. The estimates and recommendations in the review are the personal opinion of the company's analysts. The company's view on the prospects for individual financial instruments is valid as of the date of the report. The Company does not assume any liability and liabilities for compensation for damage that may result from the use of this report.
Something went wrong
Message: