LAKE STEVENS, WA: Upheaval LLC, innovators of patent-pending blockchain technology the Weave, today announced a strategic partnership with Chiropractic clinic Naturally Chiropractic Family Wellness Center. With the partnership, Upheaval will create a Proof-of-Concept implementation of the Weave, and demonstrate how its unique blockchain technology can secure and streamline healthcare processes for the clinic, their billing processes and reporting, and for their patients.
“We’re designing and building the Weave for a massive global scale. That begins with listening to customers who will use it every day, and clearly understanding how it will make their lives better,” said David Iseminger, Upheaval’s CEO. “With a close customer partnership during these early design and development phases, we can quickly iterate to ensure a customer-centric implementation. It enables us to be extremely agile and responsive, and to guide our customers to where they want to be – in a better place, with innovative technology that helps their businesses be more effective, and thrive.”
Part of the strategic partnership includes refining a handheld app for patients, that provides better insights to their care, in ways that are more accessible to them, and portable. “We want patients, and people, to have access and control over their medical history. When they move, their records should easily move with them.”
“We’re excited about the partnership,” said Dr. Nicole Morin, co-owner of Naturally Chiropractic. “There’s a whole host of benefits that the Weave’s blockchain software could bring, including securing and streamlining paperwork. I spend as much as 20% of my time in administrative work, even with the software systems we currently have. That time would be better spent with patients.” Dr. Dan Morin, also co-owner, added, “Patients would really benefit from having access to the services we’ve provided, and what they can do at home to enhance their health and healing. Connecting our services with an app that patients could securely access would help the partnership between patient and provider, and the results that come from that successful partnership.”
“We believe the Weave can deliver on the promise of blockchain for healthcare, with a solution that’s secure yet accessible, immensely scalable, and high performing,” said David Iseminger, Upheaval’s CEO. “By understanding in-the-moment patient and doctor interactions, insurance billing, government oversight, and how patients would best use our app for their records, we ensure that scalability to large offices and corporations is grounded in real customer needs, in real-life activities.”
With the partnership, Upheaval and Naturally Chiropractic will partner to deliver a blockchain solution that integrates with their existing systems, streamlines their processes, elevates their patients’ wellness, and delivers big data analytics. As the Weave scales to other clinics, large providers, and global healthcare solutions, subscribers to the Weave will realize a better healthcare experience, for their organization and for their patients.
About Naturally Chiropractic
Naturally Chiropractic is a family-owned wellness center located in Lake Stevens, WA. Dr. Dan Morin and Dr. Nicole Morin believe that everyone deserves to be healthy for a lifetime – why would you and your family live with anything less? Their goal is to unleash possibilities, one adjustment at a time, and have served Lake Stevens and the surrounding communities for two decades.
Learn more about Naturally Chiropractic, visit – http://www.naturallychiropractic.net/
Upheaval creates innovative software solutions, including the patent-pending Weave blockchain environment, that elevate and transform industries. With the Weave, organizations connect real-time, real-world interactions and create network effects that empower every participant.
To learn more about Upheaval and the Weave, visit: http://theweave.io
LEVERJ, Brave New Coin Partner for New Swap Futures Product
LEVERJ, the self-described “world’s first scalable decentralized derivatives exchange,” has announced the launch of a swap futures product put into place by Brave New Coin, a “digital asset data infrastructure company,” according to a press release from the company.
Users on the platform can initially trade ETH-USD and BTC-USD swap futures, which offer up to 100x leverage, the release notes.
It continues, stating:
“LEVERJ is powered by Gluon.network, a purpose-built sidechain created for scaling Ethereum. Its native token, also announced today, is the $L2 governance token. The $L2 governance token is a key piece in helping Gluon become fully decentralized and community-owned over the next few months.”
LEVERJ is run by J.P. Morgan and Goldman Sachs veterans, and have built the platform to “perform like traditional financial exchanges while maintaining the critical function of security,” the release also notes.
Speaking on the matter is Fran Strajnar, the CEO of Brave New Coin, who has partnered with the group before. Strajnar states:
“Decentralized exchanges have until now lacked the sophistication, speed and security to draw big-time investors — that all changes with LEVERJ and Gluon. We’re pleased to collaborate with LEVERJ to provide perpetual swaps and other products which will help demonstrate Gluon’s groundbreaking technology for traders.”
Why is this decoupling a great sign for Bitcoin in the coming days?
For most of the year, the world’s largest and most dominant cryptocurrency, Bitcoin, has noted a strong correlation with the world of traditional finance. In fact, over the course of 2020, the S&P 500, Gold, and Bitcoin have been the focus of the market, given the growing uncertainty and some speculation with regard to Bitcoin’s robustness as a store of value and safe-haven asset.
Interestingly, market data provided by Santiment has highlighted a fairly new development for Bitcoin, as to its correlation with the S&P 500, with the same falling to zero – A radically different move given how the rest of the year has played out. In fact, this is the first time this has happened since May. However, what does this mean for the cryptocurrency market?
Bitcoin’s price has always benefited when it has exhibited low correlation stats with the world of traditional finance. At press time, Bitcoin was continuing to trade just below the $13K price level, after having surged by over 14% over the previous week.
While the correlation between the S&P 500 and BTC falling from 57 percent to close to 0 percent came as a welcome surprise, the reason behind it still seems to induce much debate. Santiment noted,
“This is a great sign for crypto after having an all-time high correlation in August. BTC has historically thrived when its reliance on world markets, and other asset classes & industries, is minimal, and trading can operate independently without interference from non-crypto events as distractions.”
The price hike definitely has played a part in the 30-day rolling average. However, there is also the possibility that this is just a momentary drop on the back of a fairly positive week for the crypto-market, one that saw one of the world’s largest payment service providers, PayPal, announce that they are extending support to cryptocurrencies like Bitcoin in 2021.
With Bitcoin’s growing independence in relation to other non-crypto assets established, is a bull run likely? Interestingly, while the correlation with the S&P has changed radically, its correlation with gold, one of the key assets of traditional finance, continues to be quite strong. Market data provided by Skew noted that after having exhibited a negative correlation earlier in the month, BTC-XAU’s 1-month correlation has now risen back to over 23 percent. This implies that Bitcoin is still tied to the traditional market to a certain degree.
While an independent Bitcoin is the best-case scenario for its price and by extension the altcoin market, the realized volatility for BTC as per data from Skew continues to fall – A finding that may point to the inevitability of a period of consolidation for Bitcoin.
Bitcoin’s 1M realized volatility fell from 58 percent to close to 38 percent over the past few weeks and can signal a bit of stagnancy for its trading price. As of now, the coin is still trying to breach the $13K resistance. While much of the community has been eagerly waiting for a 2017-esque bull run as the year comes to a close, it may still be a bit out of reach. However, given the larger scheme of things and the overall economic environment, BTC’s present price point is fairly positive.
Curv Receives Series A Funding Lead by Franklin Templeton
Franklin Templeton, a top investment firm, has become an investor in Curv, a self-described “trusted digital asset security infrastructure that is delivered as a fully scalable, enterprise-grade and compliant cloud service,” according to a press release from the group.
The investor is part of a Series A funding round joined by Coinbase, Digital Currency Group, Team8, and Digital Garage, among others.
Curv is “driving traditional institutional and crypto native demand for digital assets through its multi-party computation (MPC) security technology, a critical requirement to safely transfer, store and manage any digital asset on any blockchain or DLT.”
Many of the investors use that service themselves, and the funding round will go toward improving and scaling the project even more.
Speaking on the matter is the Chief Risk and Transformation Officer at Templeton, Joe Boerio, who said:
“Curv’s cloud-based service and tech stack eliminates the concept of private keys through multi-party computation (MPC), allowing for blockchain transaction signing in a secure, distributed way to protect against cyber breaches and insider collusion. We are excited to participate in Curv’s journey as it sets a new standard for digital asset security and scales its business across major financial institutions across the globe.”
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