A new Ethereum-based cryptocurrency has hit the market that secures its value to oil, a first for the digital money sector. The currency called ‘Bilur’ (Basque for ‘chain’) was created by London-based financial services company R FinTech to compete with other industry leading cryptocurrencies like bitcoin. Ignacio Ozcariz, CEO of R FinTech, tells ETHNews that the concept of monetizing the energy sector has been long overdue.
Please read full article @ https://www.ethnews.com/the-uk-introduces-the-first-oil-backed-cryptocurrency & http://newsbitcoin.info/bilur-the-next-generation-cryptocurrency/
