Polkadot (CRYPTO:DOT) tokens rose all the way to $38.51 on Tuesday morning, marking a 12.8% jump from the lowest prices of Monday afternoon. The blockchain protocol, designed to connect various blockchains and other asset types to form the basis of new applications and services, is gearing up for an important technical update at the end of 2021. Investors are getting excited about that event.
The Polkadot network you see today is actually not the final production-grade version but a so-called “canary” system that’s meant to suss out technical issues before the final product goes live. Well, that launch is scheduled to take place before the end of the year, when developers have approved the final technical design and completed auctions for the first handful of feature-complete Polkadot chains.
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Best Tech Stocks To Buy Right Now: Pointer Telocation Ltd.(PNTR)
Pointer Telocation Ltd. provides mobile resource management (MRM) products and services for the automotive, insurance industries, and other mobile tracking markets worldwide. It operates in three segments: Cellocator, MRM, and Roadside Assistance (RSA). The Cellocator segment designs, develops, and manufactures MRM products comprising asset tracking; fleet management; and stolen vehicle retrieval (SVR) products consisting of remote monitoring and control solutions, such as installation in vehicles, command and control center products, and communication infrastructure products. The MRM segment offers asset tracking, fleet management, SVR, and car sharing services. The RSA segment provides roadside assistance services, such as towing services, temporary vehicle replacement services, and mobile automobile repair services, as well as vehicle body work and replacement parts installation services; and emergency home repair and other services, such as household plumbing repair services for insurance companies, including installation, water damage repair, and replacement of water heaters. The company was formerly known as Nexus Telocation Systems Ltd. and changed its name to Pointer Telocation Ltd. in January 2006. Pointer Telocation Ltd. was founded in 1991 and is headquartered in Rosh Haayin, Israel.