#NEWS
How Significant is Blockchain in the Mortgage Industry?
The global residential mortgage market is estimated to be worth $31 trillion. 66 percent of all Americans have a mortgage on their house while in the UK and China it’s as high as 70%. It’s a segment of the financial markets that hits close to home for a large portion of the global population.
The average mortgage closing costs would typically vary between 2 and 5 percent of the price of the property, including broker fees, loan origination fees, underwriting fees, surveyor fees, legal fees, and title fees. That means on a house of $250,000, the buyer can expect to pay anything between $5,000 and $12,500 just to obtain a mortgage.
The mortgage process is heavily centralized and permeated with middlemen who each add their own markup to the overall costs, a perfect target for blockchain. According to a PWC report:
“Blockchain technology may radically alter the process through which consumers buy a home, as well as the way financial institutions handle mortgages. Specifically, the technology could remove cost and friction from the process, create transaction records that are infallible and incorruptible, and facilitate near-instantaneous settlement.”
Full article:
https://cointelegraph.com/news/how-significant-is-blockchain-in-the-mortgage-industry
How Significant is Blockchain in the Mortgage Industry?
The global residential mortgage market is estimated to be worth $31 trillion. 66 percent of all Americans have a mortgage on their house while in the UK and China it’s as high as 70%. It’s a segment of the financial markets that hits close to home for a large portion of the global population.
The average mortgage closing costs would typically vary between 2 and 5 percent of the price of the property, including broker fees, loan origination fees, underwriting fees, surveyor fees, legal fees, and title fees. That means on a house of $250,000, the buyer can expect to pay anything between $5,000 and $12,500 just to obtain a mortgage.
The mortgage process is heavily centralized and permeated with middlemen who each add their own markup to the overall costs, a perfect target for blockchain. According to a PWC report:
“Blockchain technology may radically alter the process through which consumers buy a home, as well as the way financial institutions handle mortgages. Specifically, the technology could remove cost and friction from the process, create transaction records that are infallible and incorruptible, and facilitate near-instantaneous settlement.”
Full article:
https://cointelegraph.com/news/how-significant-is-blockchain-in-the-mortgage-industry
BridgeX Network Bounty Campaign
Up to 10,000,000 BXN tokens to be awarded!
BridgeX Network is offering various bounties for the community, in efforts that you will help bridge between the various communities and spread the message of BridgeX Network.
Do head over to find out more on the bounty campaign here:
https://bitcointalk.org/index.php?topic=5024373.0
If you have any questions, chat with their admins at
https://t.me/bridgexnetwork
What is BridgeX Network?
BridgeX Network is the framework for a financial ecosystem of decentralised credit, conversion and payment solutions, enabling fully-decentralised crypto-to-crypto collateralised lending and borrowing, crypto-to-fiat currency conversions and cross border payments.
BridgeX Network will comprise of three main components:
BridgeX Core
BridgeX Platform (Distributed Apps/ Apps)
Third Party Integrators (DApps/ Apps/ Service Providers)
Check out their website for more info and to download their whitepaper: https://bridgex.network/
Up to 10,000,000 BXN tokens to be awarded!
BridgeX Network is offering various bounties for the community, in efforts that you will help bridge between the various communities and spread the message of BridgeX Network.
Do head over to find out more on the bounty campaign here:
https://bitcointalk.org/index.php?topic=5024373.0
If you have any questions, chat with their admins at
https://t.me/bridgexnetwork
What is BridgeX Network?
BridgeX Network is the framework for a financial ecosystem of decentralised credit, conversion and payment solutions, enabling fully-decentralised crypto-to-crypto collateralised lending and borrowing, crypto-to-fiat currency conversions and cross border payments.
BridgeX Network will comprise of three main components:
BridgeX Core
BridgeX Platform (Distributed Apps/ Apps)
Third Party Integrators (DApps/ Apps/ Service Providers)
Check out their website for more info and to download their whitepaper: https://bridgex.network/
#Imusify
Have you checked out @imusify? An award-winning music platform on NEO designed to provide an open-source innovation space fordeveloping new means of music distribution, consumption, and engagement.
imusify is officially backed by NEO, the team looks experienced and more than 300 contributors are dedicated to imusify's success. Not to mention that it is rated high on ICOBench, ICOTrack and others. They have 100k members in their telegram community @imusifycommunity. Imusify has confirmed partnership with Switcheo.Exchange and the O3.Network, and the presale hasn’t even started yet.
Get whitelisted for the most amazing ICO of the year -- visit imusify.com :: IMU presale begins shortly -- get IMU tokens at a discount of 30%. Need more discount? Private Sale is On!!
You can earn IMU tokens by taking part in their bounty campaign -- http://bit.ly/imusify_bounty
Have you checked out @imusify? An award-winning music platform on NEO designed to provide an open-source innovation space fordeveloping new means of music distribution, consumption, and engagement.
imusify is officially backed by NEO, the team looks experienced and more than 300 contributors are dedicated to imusify's success. Not to mention that it is rated high on ICOBench, ICOTrack and others. They have 100k members in their telegram community @imusifycommunity. Imusify has confirmed partnership with Switcheo.Exchange and the O3.Network, and the presale hasn’t even started yet.
Get whitelisted for the most amazing ICO of the year -- visit imusify.com :: IMU presale begins shortly -- get IMU tokens at a discount of 30%. Need more discount? Private Sale is On!!
You can earn IMU tokens by taking part in their bounty campaign -- http://bit.ly/imusify_bounty
#NEWS
Consultancy Firm Accenture Targets Enterprise Blockchain Interoperability With Fresh Tool
Global management consultancy firm Accenture revealed a new blockchain tool in a press releaseOct. 22, its second in a month focusing on interoperability.
A week after announcing a supply chain partnership with Thailand’s Siam Commercial Bank, Accenture said its latest offering facilitated existing enterprise blockchain systems to integrate with one another.
Specifically, blockchain platform Digital Asset can now work in tandem with R3’s Corda platform, while Hyperledger Fabric and JPMorgan’s Quorum form another interoperable pair.
Discussing the two separate solutions, which the company has already tested, managing director and Global Blockchain Lead David Treat described them as a “game changer.”
“The key challenge was to develop the ability to integrate without introducing ‘operational messaging’ between distributed ledger technology platforms in order to stay true to the principles and benefits of blockchain technology,” he commented, continuing:
“Applying this capability with our clients is already unlocking new opportunities to bring ecosystems together, mitigating key concerns about picking the ‘wrong’ platform or having to re-build if one partner uses something different.”
Full article:
https://cointelegraph.com/news/consultancy-firm-accenture-targets-enterprise-blockchain-interoperability-with-fresh-tool
Consultancy Firm Accenture Targets Enterprise Blockchain Interoperability With Fresh Tool
Global management consultancy firm Accenture revealed a new blockchain tool in a press releaseOct. 22, its second in a month focusing on interoperability.
A week after announcing a supply chain partnership with Thailand’s Siam Commercial Bank, Accenture said its latest offering facilitated existing enterprise blockchain systems to integrate with one another.
Specifically, blockchain platform Digital Asset can now work in tandem with R3’s Corda platform, while Hyperledger Fabric and JPMorgan’s Quorum form another interoperable pair.
Discussing the two separate solutions, which the company has already tested, managing director and Global Blockchain Lead David Treat described them as a “game changer.”
“The key challenge was to develop the ability to integrate without introducing ‘operational messaging’ between distributed ledger technology platforms in order to stay true to the principles and benefits of blockchain technology,” he commented, continuing:
“Applying this capability with our clients is already unlocking new opportunities to bring ecosystems together, mitigating key concerns about picking the ‘wrong’ platform or having to re-build if one partner uses something different.”
Full article:
https://cointelegraph.com/news/consultancy-firm-accenture-targets-enterprise-blockchain-interoperability-with-fresh-tool
Crypto Circle X has launched it's official $1.35 Million Bounty Program.
Earn CCX tokens by participating in one of the following campaigns:
- Content Creation
- Signature
- Translation
- Telegram
Join Crypto Circle X Bounty Campaign here: https://bitcointalk.org/index.php?topic=4937028
Other Important Links:
Website: https://cryptocirclex.com/
Telegram Group: https://t.me/CryptoCircleX_Official
Telegram Announcements: https://t.me/CryptoCircleX_OfficialANN
ANN Thread: https://bitcointalk.org/index.php?topic=4906962
Bounty Thread: https://bitcointalk.org/index.php?topic=4937028
Earn CCX tokens by participating in one of the following campaigns:
- Content Creation
- Signature
- Translation
- Telegram
Join Crypto Circle X Bounty Campaign here: https://bitcointalk.org/index.php?topic=4937028
Other Important Links:
Website: https://cryptocirclex.com/
Telegram Group: https://t.me/CryptoCircleX_Official
Telegram Announcements: https://t.me/CryptoCircleX_OfficialANN
ANN Thread: https://bitcointalk.org/index.php?topic=4906962
Bounty Thread: https://bitcointalk.org/index.php?topic=4937028
#NEWS
Chinese Mining Giant Bitmain’s New Firmware Update Reignites AsicBoost Controversy
Chinese cryptocurrency mining giant Bitmain confirmed it would roll out a firmware update for so-called ‘Overt AsicBoost’ to all its Antminer models in a blog post Monday, Oct. 22.
Bitmain, which holds a monopoly on Bitcoin mining through its subsidiary mining pools BTC.com and Antpool, said the release would begin with its most recent Antminer S9 product, extending to older versions next week.
Overt AsicBoost refers to a method of increasing mining “effectiveness” for Antminers, Bitmain says, in a way that does not produce “any negative impact on the Bitcoin protocol.”
“Initially, we decided against activating this mathematical function in mining hardware produced by us, largely because of the legal uncertainty surrounding the use of AsicBoost,” the post reads:
“As an organization, we didn’t want to violate patent laws or act in any way that was untoward.”
Full article:
https://cointelegraph.com/news/chinese-mining-giant-bitmains-new-firmware-update-reignites-asicboost-controversy
Chinese Mining Giant Bitmain’s New Firmware Update Reignites AsicBoost Controversy
Chinese cryptocurrency mining giant Bitmain confirmed it would roll out a firmware update for so-called ‘Overt AsicBoost’ to all its Antminer models in a blog post Monday, Oct. 22.
Bitmain, which holds a monopoly on Bitcoin mining through its subsidiary mining pools BTC.com and Antpool, said the release would begin with its most recent Antminer S9 product, extending to older versions next week.
Overt AsicBoost refers to a method of increasing mining “effectiveness” for Antminers, Bitmain says, in a way that does not produce “any negative impact on the Bitcoin protocol.”
“Initially, we decided against activating this mathematical function in mining hardware produced by us, largely because of the legal uncertainty surrounding the use of AsicBoost,” the post reads:
“As an organization, we didn’t want to violate patent laws or act in any way that was untoward.”
Full article:
https://cointelegraph.com/news/chinese-mining-giant-bitmains-new-firmware-update-reignites-asicboost-controversy
#NEWS
Use of Blockchain in Major Industries by Numbers: Retail, Manufacturing, Finance, and Others
Many startups, major conglomerates, supply chain operators, and distributors have attempted to integrate blockchain technology over the past two years, to increase transparency and reduce the power of central entities in data processing.
With billions of dollars being invested annually by major corporations in blockchain development, the emerging technology has become the focal point of the long-term vision of many companies internationally.
The exponential increase in demand and interest in blockchain technology has enabled multi-billion dollar markets for the blockchain in major sectors including manufacturing, agriculture, retail, supply chain, IoT, and payments.
Full article:
https://cointelegraph.com/news/use-of-blockchain-in-major-industries-by-numbers-retail-manufacturing-finance-and-others
Use of Blockchain in Major Industries by Numbers: Retail, Manufacturing, Finance, and Others
Many startups, major conglomerates, supply chain operators, and distributors have attempted to integrate blockchain technology over the past two years, to increase transparency and reduce the power of central entities in data processing.
With billions of dollars being invested annually by major corporations in blockchain development, the emerging technology has become the focal point of the long-term vision of many companies internationally.
The exponential increase in demand and interest in blockchain technology has enabled multi-billion dollar markets for the blockchain in major sectors including manufacturing, agriculture, retail, supply chain, IoT, and payments.
Full article:
https://cointelegraph.com/news/use-of-blockchain-in-major-industries-by-numbers-retail-manufacturing-finance-and-others
#CoinBundle
Some people like to geek out for Halloween and have some fun but can’t figure out what to wear. It should be easier to decide after checking this list of fun crypto-influenced costume ideas.
https://medium.com/coinbundle/10-crypto-halloween-costume-ideas-99377ae7a35
Some people like to geek out for Halloween and have some fun but can’t figure out what to wear. It should be easier to decide after checking this list of fun crypto-influenced costume ideas.
https://medium.com/coinbundle/10-crypto-halloween-costume-ideas-99377ae7a35
#MenaPay
We are excited to introduce you our Backend Developer Muhammed Ali Karakurt
https://youtu.be/Ro8Dg5c2Big
#2gether4mena
We are excited to introduce you our Backend Developer Muhammed Ali Karakurt
https://youtu.be/Ro8Dg5c2Big
#2gether4mena
YouTube
Introducing our Backend Developer Muhammed Ali Karakurt
Open your subtitle settings for English subtitles... Started his career in university, Muhammed Ali Karakurt has been working on #blockchaintechnologies for ...
#NEWS
NYSE Parent Company Reveals Launch Date for Bitcoin Futures on Bakkt Platform
The parent company of the New York Stock Exchange (NYSE), Intercontinental Exchange (ICE), has announced the launch date for Bitcoin (BTC) futures on its platform Bakkt, according to a document released Oct. 22.
Bakkt is a platform for trading, storing, and spending digital assets that was established earlier this year by global exchange operator ICE.
Per the document, ICE will list Bakkt Bitcoin (USD) Daily Futures Contracts for trading on Dec. 12, 2018. The product will be physically-settled and cleared by ICE Clear U.S., Inc. The notice further explains:
“Each futures contract calls for delivery of one bitcoin held in the Bakkt Digital Asset Warehouse, and will trade in U.S. dollar terms. One daily contract will be listed for trading each Exchange Business Day.”
Full article:
https://cointelegraph.com/news/nyse-parent-company-reveals-launch-date-for-bitcoin-futures-on-bakkt-platform
NYSE Parent Company Reveals Launch Date for Bitcoin Futures on Bakkt Platform
The parent company of the New York Stock Exchange (NYSE), Intercontinental Exchange (ICE), has announced the launch date for Bitcoin (BTC) futures on its platform Bakkt, according to a document released Oct. 22.
Bakkt is a platform for trading, storing, and spending digital assets that was established earlier this year by global exchange operator ICE.
Per the document, ICE will list Bakkt Bitcoin (USD) Daily Futures Contracts for trading on Dec. 12, 2018. The product will be physically-settled and cleared by ICE Clear U.S., Inc. The notice further explains:
“Each futures contract calls for delivery of one bitcoin held in the Bakkt Digital Asset Warehouse, and will trade in U.S. dollar terms. One daily contract will be listed for trading each Exchange Business Day.”
Full article:
https://cointelegraph.com/news/nyse-parent-company-reveals-launch-date-for-bitcoin-futures-on-bakkt-platform
#HubrisOne
Manage your cards, bank accounts and exchange fiat currency and cryptocurrencies.
Learn more: http://HubrisOne.com
#blockchain #cryptocurrency #xrp #bitcointalk #bitcoin #btx #xrp #ripple #fxtrading #travel
Manage your cards, bank accounts and exchange fiat currency and cryptocurrencies.
Learn more: http://HubrisOne.com
#blockchain #cryptocurrency #xrp #bitcointalk #bitcoin #btx #xrp #ripple #fxtrading #travel
#PixelCharity
MINING WILL BE FULLY IMPLEMENTED ON OUR SIDE
Since we have private mining, the most potentially feasible 51% attack will be excluded, which currently, scares many from popular crypto-currencies against the backdrop of increasing computing power by China and other countries. The Pixel network is the same payment system as PayPal, WeChat, Qiwi, Yandex Money, etc., which are controlled by one company. Decentralization has appeared relatively recently and centralized systems are still relevant. Even if we take into account the fact that most of payment systems and banks are planning to move to blocking by 2022 to reduce the cost of transactions and provide transparency of the payment system.
MINING WILL BE FULLY IMPLEMENTED ON OUR SIDE
Since we have private mining, the most potentially feasible 51% attack will be excluded, which currently, scares many from popular crypto-currencies against the backdrop of increasing computing power by China and other countries. The Pixel network is the same payment system as PayPal, WeChat, Qiwi, Yandex Money, etc., which are controlled by one company. Decentralization has appeared relatively recently and centralized systems are still relevant. Even if we take into account the fact that most of payment systems and banks are planning to move to blocking by 2022 to reduce the cost of transactions and provide transparency of the payment system.
Forwarded from DW
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VIEW IN TELEGRAM
🚀🚀🚀AMAZING PRE-SALE CAMPAIGN LIVE NOW🚀🚀🚀
🏎 Tesla model X and 150ETH raffle 🏎
📌Telegram Group Link : https://t.me/etainpower_en
📌Website: http://www.etainpower.io
#NEWS
Gov’t-Owned Holding Company Subsidiary Invests in Binance’s Singapore Expansion
Vertex Ventures has announced an investment in the largest cryptocurrency exchange Binance to facilitate its expansion into Singapore, according to a press release shared with Cointelegraph Oct. 23.
Vertex Ventures is a subsidiary of Singapore-based government-owned investment company Temasek Holdings, which manages $223 billion in assets. The company was founded in 2015 as a global network of operator-investors, who manage portfolios in the U.S., China, Israel, India and Southeast Asia. The company focuses on early-stage investments and currently has around $2.5 billion under management.
According to the release, the investment is a joint effort between Vertex Ventures China and Vertex Ventures Southeast Asia and India, and aims to support Binance in developing a cryptocurrency-fiat exchange in Singapore, along with other crypto-fiat services throughout South Asia. Binance initially announced its plans to build a crypto-fiat exchange in Singapore in September.
Full article:
https://cointelegraph.com/news/govt-owned-holding-company-subsidiary-invests-in-binances-singapore-expansion
Gov’t-Owned Holding Company Subsidiary Invests in Binance’s Singapore Expansion
Vertex Ventures has announced an investment in the largest cryptocurrency exchange Binance to facilitate its expansion into Singapore, according to a press release shared with Cointelegraph Oct. 23.
Vertex Ventures is a subsidiary of Singapore-based government-owned investment company Temasek Holdings, which manages $223 billion in assets. The company was founded in 2015 as a global network of operator-investors, who manage portfolios in the U.S., China, Israel, India and Southeast Asia. The company focuses on early-stage investments and currently has around $2.5 billion under management.
According to the release, the investment is a joint effort between Vertex Ventures China and Vertex Ventures Southeast Asia and India, and aims to support Binance in developing a cryptocurrency-fiat exchange in Singapore, along with other crypto-fiat services throughout South Asia. Binance initially announced its plans to build a crypto-fiat exchange in Singapore in September.
Full article:
https://cointelegraph.com/news/govt-owned-holding-company-subsidiary-invests-in-binances-singapore-expansion
#FlipNpik
Yes you've read it well ! An app that pays you to contribute and to make a difference !
Website : http://www.flipnpik.io
Telegram http://t.me/flipnpikico
#FlipNpik #ICO #Ethereum #ETH #Bitcoin #BTC #Blockchain
Yes you've read it well ! An app that pays you to contribute and to make a difference !
Website : http://www.flipnpik.io
Telegram http://t.me/flipnpikico
#FlipNpik #ICO #Ethereum #ETH #Bitcoin #BTC #Blockchain
#Mixin_Network
Listing Announcement! Horizen(ZEN) @horizenglobal Now Available in Mixin Network
https://medium.com/mixinnetwork/listing-announcement-horizen-zen-now-available-in-mixin-network-358dd97ba7b2?_branch_match_id=561558449284681835
#Mixin_Network $XIN
Listing Announcement! Horizen(ZEN) @horizenglobal Now Available in Mixin Network
https://medium.com/mixinnetwork/listing-announcement-horizen-zen-now-available-in-mixin-network-358dd97ba7b2?_branch_match_id=561558449284681835
#Mixin_Network $XIN
#NEWS
National Bank of Canada Pilots Blockchain to Combat ‘Complex’ Processes
A major Canadian commercial bank will use blockchain to simplify the process banks use to issue transactions, a press release confirmed Oct. 21.
In partnership with IT and business consulting services firm CGI and blockchain startup Skuchain, the National Bank of Canada (NBC) plans to leverage smart contracts in order to replace current email-based procedures.
Its solution consists of a combination of CGI’s Trade360 trade finance platform and Skuchain’s smart contract creation software, based on the latter’s blockchain platform Brackets.
Together, it will “improve processing times, reduce risks and help strengthen the bank's customer relationships,” the release claims.
“This pilot project is a great opportunity to leverage blockchain technology to simplify the process for negotiating standby letters of credit and guarantees while making it more transparent and secure,” Patrice Roy, vice president of payments, cash management and international solutions at National Bank of Canada commented:
“This will enable us to offer a simple, fast and efficient experience to our commercial clients which facilitates managing their business.”
Full article:
https://cointelegraph.com/news/national-bank-of-canada-pilots-blockchain-to-combat-complex-processes
National Bank of Canada Pilots Blockchain to Combat ‘Complex’ Processes
A major Canadian commercial bank will use blockchain to simplify the process banks use to issue transactions, a press release confirmed Oct. 21.
In partnership with IT and business consulting services firm CGI and blockchain startup Skuchain, the National Bank of Canada (NBC) plans to leverage smart contracts in order to replace current email-based procedures.
Its solution consists of a combination of CGI’s Trade360 trade finance platform and Skuchain’s smart contract creation software, based on the latter’s blockchain platform Brackets.
Together, it will “improve processing times, reduce risks and help strengthen the bank's customer relationships,” the release claims.
“This pilot project is a great opportunity to leverage blockchain technology to simplify the process for negotiating standby letters of credit and guarantees while making it more transparent and secure,” Patrice Roy, vice president of payments, cash management and international solutions at National Bank of Canada commented:
“This will enable us to offer a simple, fast and efficient experience to our commercial clients which facilitates managing their business.”
Full article:
https://cointelegraph.com/news/national-bank-of-canada-pilots-blockchain-to-combat-complex-processes
#Bistox
D.A.N.N.I. (Decentralized Artificial Neural Network Integration) is an artificial intelligence that works as an assistant and adviser to a trader on the Bistox platform. It will provide market analysis and strategies that are most relevant to a particular user and more!
#bistox #ICO #blockchain #crypto
D.A.N.N.I. (Decentralized Artificial Neural Network Integration) is an artificial intelligence that works as an assistant and adviser to a trader on the Bistox platform. It will provide market analysis and strategies that are most relevant to a particular user and more!
#bistox #ICO #blockchain #crypto
