Goldman sachs sets an ambitious target for bitcoin, and the publishers on the brave platform go up 1200% let’s start the show. Welcome back to crypto global news, please make sure you like share and subscribe to the show. Also, we have a brand new website – jump over to cryptognt.com and have a look, we have all the latest news from the world of blockchain and cryptocurrency. You can find a link to our site in the show notes below. Enjoy today’s episode. The United Kingdom pension and welfare agency has been looking into blockchain and distributed ledger technology as tools that could disrupt the payments industry.Richard Laycock, the deputy director of digital payments and banking systems at the Department of Work and Pensions — an agency that manages the U.K.’s welfare and pension policies — said that the DWP is looking to transform its payments infrastructure. In a bid to make its payment system “efficient, modern, fast, scalable, flexible, innovative and available 24/7,” the DWP is monitoring blockchain and DLT as possible disruptors to the payments system. Will Blockchain tech revolutionize how this government department functions In a recent communique to its customers Goldman Sachs gave a bullish forecast for Bitcoin price. The note suggests a short-term target of $13,971. The target given is based on Elliott Wave Theory, which forecasts market trends by identifying extremes in investor psychology, along with price highs and lows. According to the analyst, Bitcoin will rebound from support around $11,094, leaving room for at least one leg higher towards $12,916 and $13,971. This could complete a V wave count from July, producing a short-term top or consolidation. Is gold correct, and if so how many more investors will be pumping their money into bitcon? Just a reminder, we have a brand new website – jump over to cryptognt.com and have a look, we have all the latest news from the world of blockchain and cryptocurrency. You can find a link to our site in the show notes below. And now, back to today’s episode. Retail giant Overstock’s blockchain subsidiary company, tZERO, has opened up its preferred equity security tokens — dubbed TZROP — for trading by accredited and non-accredited investors. The TZROP token is said to allow investors to directly participate in the company’s revenue growth via a quarterly dividend model. The company could distribute a quarterly dividend of 10% of the company’s adjusted gross revenue for TZROP holders. However, it also specifies that this is subject to approval from the board of directors as well as Delaware law and accounting requirements. Let’s see how this platform fares in the months to come. United Kingdom-based customers of Coinbase have been told that the exchange will be dropping support for the privacy-focussed Zcash as of Aug. 26, 2019. The same does not seem to apply to United States or European Union customers, however, prompting speculation on the reasoning behind the move. The communication being sent to customers gives a number of options on how to proceed. Option one, any Zcash held on Coinbase can be converted into any other cryptocurrency on the exchange. Option two, simply send the Zcash to an external wallet or another exchange. Failing either of these options being carried out, any Zcash still held on the exchange by the Aug. 26 deadline will be liquidated into GBP. The ZEC wallet will then be removed from the Coinbase account. How will this affect membership on the platform? The number of publishers using the blockchain-based decentralized browser Brave has increased by 1,200% over the past year. The number of Brave Rewards publishers were 18,931 in July, 2018, while its current number is more than 230,000. 29,278 website publishers including the Washington Post and Smithsonian Magazine, 17,417 Twitter publishers, 2,917 Reddit publishers, 166,698 YouTube publishers and over 12,000 Twitch publishers use the Brave Reward program. What is the future for Brave, and what is the future for their BAT token? Many thanks for tuning into today’s episode, please make sure you like share and subscribe to the show, And please remember to go check out our new website at cryptognt.com where you can find all the latest news from the world of cryptocurrency. You can find a link to the site in the show notes below. For crypto global news I’m Edward, until next time you take it easy.