Coalculus Announcements
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Coalculus $COAL Announcements

Coalculus platform empowers financial institutions to create distributed enterprise services using a compliant and stable hybrid blockchain protocol.

Official Twitter Feed: https://twitter.com/coalculus
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Coalculus Announcements pinned «Welcome to the Coalculus Announcements Channel! 🌐 We build open source financial infrastructure 🌐 We are on a mission to end financial exclusion 🌐 We reinvent finance for a digital world ——————————— What's New? ——————————— Our country ambassador program…»
Sorry to have kept you waiting! Keep your funds #SAFU with the $Coal Lite Wallet now available for iOS and Android users! Link👇

Get it on Google play: https://play.google.com/store/apps/details?id=com.wisempay.coallitewallet

Download on the App store: https://apps.apple.com/sg/app/coal-lite/id1494178694
Want to spend $COAL with real businesses? Soon you can! BarterTrade Business is a global barter marketplace that allows members of the Coalculus community to exchange goods and services with others. Be ahead of the curve register to become a vendor now👇👇
http://bartertrade.biz
Clean, minimalist and functional are the three words that come to mind when we first embark on the development of the Coalculus Explorer. Today we’re excited to announce our new Block Explorer located at explorer.coalculus.com! Check it out soon! 🥳 https://medium.com/coalculus/the-coalculus-coal-block-explorer-is-now-live-ddc358bdac8e
Popular South Korean cosmetics and skincare retailer Missha.ws to adopt Coalculus integrated crypto payment solution! 💄🥳

Read more about it here: https://medium.com/coalculus/missha-ws-to-adopt-coalculus-integrated-crypto-payment-solution-661e2c3c6a33
We are excited to announce our first integration of Coalculus crypto payment solution with Missha.ws is now live! Don’t forget to check out the official announcement here:
https://www.facebook.com/missha.sg/posts/2648641211901292
Earlier today our engineers detected that the Coal Lite Wallet was out-of-sync with our blockchain. Please note that the issue is now resolved. We would like to thank the community for alerting us of the issue so that we can act swiftly to the situation. Always grateful.
https://twitter.com/coalculus/status/1235537459397582850
Cool features you don't want to miss! Did you know that you can generate your paper wallet and create secured cold storage accounts for $COAL? 🤩Download Sigbro Offline and check out the tutorials here: https://www.nxter.org/sigbro-offline-cold-storage-ardor-accounts-and-transactions/
Dear Coalculus Community, as you all know, we are fighting an unprecedented global crisis. This extraordinary situation has taught us that it is important to preserve our loved ones from the COVID-19 and lift others who are doing great work within the crypto community. @Binance is introducing a $1,000,000 USD donation campaign and we strongly encourage you to join us in supporting this movement. Please retweet this post with #CryptoAgainstCOVID and let’s do what we can! Let’s win this together! Link 👇

https://twitter.com/binance/status/1242803380776349697
The future of privacy in the digital era requires businesses to share their #data in a responsible way to remain competitive, public permissioned blockchains such as Coalculus can be the solution to this.

Read our medium article on this topic here: https://medium.com/coalculus/how-blockchain-can-help-businesses-share-data-in-a-responsible-way-5d4ed66091f?sk=646372c9bc8786c49edcb586088e4420
We have previously published an article for how #blockchain will play a definitive role in the way businesses manage client data. This wondrous event is unfolding right before our eyes.

Polish banks have recently embraced blockchain for document storage and client communication to significantly reduce security and privacy risks.

https://www.ledgerinsights.com/polish-banks-blockchain-document-storage-billon/
Are all Enterprise blockchain products gated systems and vulnerable to hacks as @Coindesk explains? Not to us. The @Coalculus platform is uniquely designed to provide blockchain consensus-as-a-service to enterprise scale products and business owners. Not once did our clients have to worry about maintaining a network of server and the system’s security.

Read the original article here: https://www-coindesk-com.cdn.ampproject.org/c/s/www.coindesk.com/enterprise-blockchains-walled-off-yet-vulnerable?amp=1
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#COALCULUS $COAL block height has reached 1,000,000 at exactly 08:41:13AM (UTC)! A lot has happened since our Mainnet launch in January and we can’t wait to share with you more updates on our new enterprise solutions. 🙌🙌
An informative piece by HBR on stablecoins and how it could change e-commerce. Right now, three of the four pieces necessary for an ecommerce transformation at the hands of stablecoins are in place. What’s left is an amenable regulatory environment that could possibly materialise in the next few years.

As an enabler of stablecoin payments in South-east Asia, we’re actively navigating this regulatory minefield with our partners to help them leap frog traditional payment technologies and adopt stablecoin for everyday use.

Read the original article here: https://hbr-org.cdn.ampproject.org/c/s/hbr.org/amp/2020/05/is-stablecoin-the-next-big-thing-in-e-commerce
Hello all 👋🏻 In this post, we will discuss some key observations about the Global Enterprise Blockchain Ecosystem and what Enterprises can look forward to seeing in 2020.

1) It has been noted in some publications that blockchain has entered the “Trough of Disillusionment” phase of the technology hype curve as defined by Gartner. This study shows that experimentation, adoption, and execution are still strong, but that most blockchain initiatives fall into the realm of “blockchain meme projects”, where <5% of these networks meet the criteria of full multi-party consensus systems. We expect this to change in the second half of 2020 as enterprise-scale projects begin their migration to public networks to remove single points of failure and enable cross-chain interoperability.

2) From some of our keen discussions with leading financial institutions, we found that enterprises are in no hurry to use decentralized solutions and the likes until the technology becomes mature or when incentives become obvious. Recently, regulatory requirements such as GDPR, for violation of which organizations can be fined up to 4% of their annual income, are but one of the incentives that will trigger companies to make the switch towards decentralized customer records. Another incentive that we have found to work is government-sponsored digital acceleration grants. Such schemes have shown encouraging results in bringing smaller financial institutions and FinTech firms together to adopt decentralized solutions to manage risk and serve customers better.

3) We have been saying the same thing time and again, blockchain tech is “not a magic formula” to solve all financial industry issues and there is no hack to creating a successful enterprise blockchain network. Transforming critical market infrastructure takes longer than simple application development: the median enterprise blockchain project takes 25 months between the first proof-of-concept and being deployed in production, with some large-scale networks taking more than four years for the full launch.

What should enterprises pay attention to in 2020 to remain competitive:
📌 Enterprises should place greater emphasis on the security of customer data and conduct an assessment of the risks of confidentiality. This will help create a business case for engaging the blockchain.

📌 Chief transformation officers (CTO) embarking on an enterprise blockchain initiative need to step back, look at the big picture and act as a catalyst to overcome corporate inertia and spur wide-reaching organizational change, both within and across organizational boundaries.

📌 It will not be amiss to join at least one founder-led blockchain initiative or a blockchain consortium as most deployed blockchains have a long runway and are usually designed for shared use between multiple independent entities.

Coalculus is a multi-chain FinTech blockchain platform built for hybrid deployments and comes with user permissioning capabilities. Enterprise distributed applications enabled by Coalculus benefit from zero node operations, enterprise chain interoperability, scalability, and low transaction costs.

Read more: https://www.coalculus.com/
Blockchain evolution is important for its mass adoption in 2020. At Coalculus, we've been focusing on how #HybridBlockchain & #HybridApp can be leveraged, to implement use cases at the #Enterprise levels. We are here for the long run and seeing industry leaders such as Unilever who raised their hand to embrace it is crucial.

https://cointelegraph.com/news/125-b-corporate-giant-will-use-blockchain-tech-to-combat-global-warming
Do you have what it takes to become a blockchain entrepreneur? Here’s your chance to put your coding and design skills to the test with the open source Ardor blockchain platform 😎

The much anticipated Ardor Community Hackathon is landing this summer! July 1st - August 15th. Mark your calendars! www.youtube.com/watch?v=g9Btf5b6W5Q

$15,000+ in prizes to be won!
Register now: ardor.tools/hackathon.html
Twitter Hack was a great internal enterprise security learning, but in our nation or in our friend circle, how many of you think your password is secure enough and try to avoid using cyber hygiene best practices such as 2FA where it is available at least.

So this post is targeting that mass. You MUST enable 2-factor authentication 🔐 on all your social media accounts and especially on email with which all social media accounts are connected. 2FA its your best second line of defence!

From a security perspective, this shows that online user accounts and profiles are no longer as secure as we used to think. Cyberattacks have been the norm for a long long time. Maybe it’s time to replace outdated systems with blockchain systems. Maybe it’s now urgent to innovate and move towards a more secure communication protocol. What if Coalculus could do something about it?

https://edition.cnn.com/2020/07/15/tech/twitter-hack-elon-musk-bill-gates
Increases in crypto value has made the #Ardor Community Hackathon prize pool now over $18,000! 👏🏻👏🏻👏🏻

Developers and Designers are welcome to make unlimited submissions until August 15th. Show off what you can do & get paid for it with 11 possible prizes valued from $200+ to $9000+

Join now: ardor.tools/hackathon.html
Wang Yongli, Former PBoC official & director of Haixia Blockchain Research Institute believes the DCEP will replace all cash in circulation and won't just be confined to M0. Imagine a future when funds and credit in banks, WechatPay and Alipay included comes under Govt control. Is your enterprise ready to make the transition? We can help.

Read it here: https://decrypt.co/37580/former-pboc-official-digital-currency-can-substitute-all-currencies