ShareRing (SHR) Now on Coinspot, Other Current Updates

Popular sharing ecosystem ShareRing has published its newsletter for February 2021 detailing all its activities in the month. The sharing ecosystem recorded several exciting updates ranging from its CEO attending a government meeting in Brisbane to the launch of its app.

ShareRing (SHR) is well-known in the cryptocurrency and blockchain sphere as a pioneer in the sharing space. The platform looks to completely revolutionize the sharing ecosystem with several of its projects all built on decentralized technology. Some of these projects include ShareLedger, ShareRingID, ShareRing Shop, and Insurance. Interestingly, the platform has also disclosed plans to launch an open-world passport. The recently published February newsletter contained important details like the company’s recent partnerships, technology updates, product updates, etc.

Major Updates

Topping the list of events in the February newsletter is ShareRing CEO Tim Bos attending a government meeting in Brisbane. This event took place on February 1, 2021, and important aspects and features of the sharing ecosystem were shared in Brisbane. A major aspect of the meeting was the discussion surrounding the use of the ShareRing ID Vaccine e-Certificate.

A second meeting also recently took place on March 10 that involved Australian Deputy Prime Minister Josh Frydenberg, Terry Young, and several other participants. Discussions were also majorly about COVID-19, the economy, and Frydenberg’s opinion of cryptocurrency.

Tech Updates

According to the blog post, the ShareRing team began testing the ShareLedger blockchain on February 17, 2021. The tests involved disconnecting and “jailing” several of the network’s nodes. This is in a bid to prepare for the sharing platform’s major update expected to take place in a few week’s time.

The sharing ecosystem also released its app to selected community members and partners. The ShareRing app release took place in two phases. The first (SHR app release update 1) was on February 12, 2021, while the second update (SHR app release update 2) took place on February 22, 2021.

Partnerships Update

The sharing ecosystem entered into several strategic partnerships in February. Some of them include:

  • ShareRing (SHR) and Alphabit partnered to launch staking on LaunchPool. This partnership took place on February 15.
  • ShareRing also recently partnered with KardiaChain. To celebrate this partnership, they both launched a Virtual Treasure Hunt. Users will have the opportunity to earn some of the $1,000 in SHR and KAI up for grabs.

Interestingly, the ShareRing native token – SHR – also went live on Australia’s Coinspot crypto exchange. According to the announcement on February 24, Australian citizens can now buy, sell, trade, and swap SHR for other tokens.

New Inclusions

The sharing platform recently employed a new public relations (PR) manager. The manager began work on March 1, 2021.

App Graphics

ShareRing, in its February newsletter, released several graphics highlighting the benefits of its app. These graphics include:

  1. Travel Graphic – Shows how the app helps users enjoy hitch-free travel by integrating all the features needed to facilitate seamless travels in a single app with top-notch security.
  2. Hotel Booking Graphic – Shows how the app takes hotel bookings to a whole new level. It comes with important features like flexible payments, fast check-in, top-notch security based on blockchain technology, and a one-click booking process.
SHR Price

At the time of publication, SHR was trading at $0.04369171, with a market cap of $105,222,634, and a 24-hour trading volume of $4,271,759.

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