On Sept. 23, Block.one LLC announced that it is opening new headquarters for its United States operations arm in the region of Arlington, Virginia, located in the Washington, D.C. metro area. The office will purportedly create 170 high-skilled jobs over a period of three years.
EOS parent company Block.one is opening its fourth global site located in the Washington, D.C. metropolitan region.
Creating 170 jobs over the next three years
Block.one CEO Brendan Blumer said:
“Its proximity to the nation’s capital positions us close to the policy innovation around digital assets and distributed ledger technology in the U.S. This expansion opens up important new avenues of talent expansions for us at a time when there is rapidly increasing demand for blockchain-based technologies.”
Virginia Governor Ralph Northam recently said that Block.one would invest $10 million into the Arlington area. Northam stated that the new headquarters will improve Virginia’s reputation with the IT sector.
According to the governor, Block.one is eligible to receive a Major Business Facility Job Tax Credit for new, full-time jobs created, and was approved a $600,000 grant from the Commonwealth’s Opportunity Fund to assist Arlington County with the project.
Block.one announces new social media platform Voice
Cointelegraph reported in June that Block.one announced the launch of Voice, a blockchain-based social media platform. Although details about Voice have been sparse, later in June, the company paid a whopping $30 million in cash to purchase its new domain name: Voice.com.
EOS Holds Top Spot, Bitcoin 11th in China’s Latest Crypto Rankings
China’s state-backed tech workgroup has released its fourteenth crypto rankings report, with Bitcoin ranked 11th and EOS (EOS) retaining the top spot as of the end of September 2019.
The listings rank 35 assets in total, as reported on Sep. 29 by the Center for Information and Industry Development (CCID)’s online information portal.
Compared with the last instalment of the rankings this July, Bitcoin has held its position while altcoin Tron has dislodged Ether (ETH) from the second spot. XRP is up from 30th to 20th-ranked asset.
Qutum (QTUM) has risen from 18th to 8th, Lisk (LSK) from 14th to 7th and Dash (DASH) from 21st to 17th.
China’s blockchain boom
Under the aegis of China’s Ministry of Industry and Information Technology, CCID first launched its monthly crypto ratings report back in May 2018, and awarded Ether the top position out of the original 28 coins.
The assets are evaluated according to three parameters: basic technology, application and innovation.
Tron – first included in CCID’s rankings this February – has today reported gains of as high as 25% against the U.S. dollar, perhaps following CEO Justin Sun’s announcement of a major, as yet undisclosed, partnership with an alleged “mega corporation.”
That same day, China’s President Xi Jinping called for the accelerated national adoption of blockchain technology in an official speech.
President Xi’s intervention and positive signs from the People’s Bank of China have this week sparked a major uptick in the domestic blockchain sector – spurring the stock markets and fervent interest among the public.