#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

Wirecard Collapse: Possibly one of the largest accounting fraud in German postwar history. Blockchain in Finance and Fintech fixes this. Coalculus fixes this.

Watch:
https://www.youtube.com/watch?time_continue=7&v=u-8-QbDpqqw&feature=emb_logo

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

Americans are becoming increasingly concerned and distrustful of how companies use, manage, and protect their personal data. Is your business taking steps to improve data privacy practices?

Read the article below to understand how emerging technologies such as blockchain could be a way for businesses to increase consumer control and consumer trust over personal data.

https://www.zdnet.com/article/nine-in-ten-americans-view-data-privacy-as-a-human-right-according-to-new-report/
#data #privacymatters #blockchain #encryption

We're expanding! 🥳 We have the following positions open at our headquarters in Singapore :
- Software and App Developer
- Marketing Assistant

To Apply
1) Drop @Shayesmiles a direct message
2) Follow the application link below

Marketing Assistant 👉 https://linkedin.com/jobs/view/marketing-assistant-at-wise-mpay-pte-ltd-2014113494/?originalSubdomain=sg

Software and App Developer👉 https://linkedin.com/jobs/view/software-and-applications-developer-at-wise-mpay-pte-ltd-2014118109/?originalSubdomain=sg

Do share this info with your circle of friends that are looking. Thank you for your support 🙏

What are the core reasons why enterprises are compelled to invest in blockchain? A survey from Copperwire shows that 200 companies found Improved Efficiency (29%), Improved Transparency and Trust (22%), and New Business Models (18%) to be the top 3 reasons.

Our partners trust us to deliver an above average return on their investment. Stick around to view the launch of Coalculus’s flagship enterprise product. 🤩 #blockchainadoption

📢 All social entrepreneurs: Did you know issuing #certificates on a blockchain-based platform saved these women as much as a three-day journey in some cases? 😲

https://www.pioneerspost.com/news-views/20200917/blockchain-good-how-disruptive-technology-lowering-barriers-disadvantaged-women

#CeFi vs. #DeFi. Good overview on Centralized vs. Decentralized #Finance innovations in the market.

Tell us what you think 🤔

Which CeFi or DeFi projects do you recognise? Which one do you find the most promising / dodgy? Will DeFi live up to it’s hype or come and go just like the 2018 ICO boom💥 ?

How much do you know about the #Email #Phishing #Epidemic?

Problem: Credential phishing
Solution: Passwordless authentication

92% of businesses believe going passwordless is the future. What is your business doing to overcome this ?

Source: DynamicCIO

Help Coalculus to get the most out of our next blockchain activity! Which initiative are you most excited about? Ready set, poll ! 🤑

Vote now on twitter:
https://twitter.com/coalculus/status/1316608995054899200

ARE YOU SEEING WHAT I'M SEEING? Linked Stories for business is here 📸

Want to see REAL-TIME product development here at Coalculus? Now you can! Follow our LinkedIn biz page and keep up with all things new and upcoming ONLY for our community!!

Find us @ https://www.linkedin.com/company/coalculus/

Internet sensation Pewdiepie is showcasing cryptos to his 107 million subscribers. Will Online or virtual gaming be one of the leading sectors for Crypto in 2021..?

HOPE or HOPIUM?

https://dailyhodl.com/2020/11/03/youtube-superstar-pewdiepie-teams-up-with-new-game-giving-out-crypto-assets/

The $160-billion gaming industry is ripe for blockchain adoption. 10X Soon.

"If recent developments in blockchain expanding into mainstream financial and payment circles are any indication of what’s to come for gaming, the process will happen faster than some might think."

https://www.nasdaq.com/articles/why-the-gaming-industry-will-embrace-blockchain-faster-than-you-think-2020-11-10

Bitcoin's price broke through $18,000 in what some experts are attributing to global events and bullish fundamentals in blockchain tech and crypto.

Turns out we were all right about #bitcoin.

This bull run is different than 2017. Real adoption from major players. Now it's just a matter of time before the rest of the world knows it.

#Enterprise #Adoption #Coalculus #1TrillionMCAP #Altseason

Paypal's CEO believes #cryptocurrencies are on the verge of mainstream adoption as more businesses and consumers flock to “digital payments and digital forms of currency.”

Are you still contemplating to integrate the technology underpinning the future of money and payments? A stablecoin perhaps or maybe even #COAL? Talk to us - we don’t bite! 😍🤩

https://www.youtube.com/watch?v=DtkrSzhDk4U