Hitachi to introduce blockchain-based payment through fingerprint
Japanese giant Hitachi trials fingerprint verification payment method based on blockchain. Hitachi will introduce a retail blockchain-based payment method that confirms purchases through the use of a fingerprint.
In a statement released by the company this Wednesday, the Japanese-based conglomerate has assembled a team to work on the system. The project is still in experimental stage, but Hitachi has also partnered up with Japanese telecommunications KDDI and integrated a Hyperledger Fabric blockchain into its biometric ID authentication hardware. An early version of the system working with coupons has already been rolled out in a donut shop in Tokyo’s Shinjuku district.
According to the release, shoppers using the system will have to register their biometric information and transfer coupon credits to an e-wallet, integrated into the system. This information is then stored on the blockchain as a string of encrypted data. However, the coupons themselves are not a form of blockchain-based tokens.
Shoppers will then be able to pay for purchases using their fingerprint at retail shops that accept such coupons and participates in the blockchain as a node. The fingerprint reading device verifies their identity, and broadcasts a request to the network to validate the transaction.
Japanese giant Hitachi trials fingerprint verification payment method based on blockchain. Hitachi will introduce a retail blockchain-based payment method that confirms purchases through the use of a fingerprint.
In a statement released by the company this Wednesday, the Japanese-based conglomerate has assembled a team to work on the system. The project is still in experimental stage, but Hitachi has also partnered up with Japanese telecommunications KDDI and integrated a Hyperledger Fabric blockchain into its biometric ID authentication hardware. An early version of the system working with coupons has already been rolled out in a donut shop in Tokyo’s Shinjuku district.
According to the release, shoppers using the system will have to register their biometric information and transfer coupon credits to an e-wallet, integrated into the system. This information is then stored on the blockchain as a string of encrypted data. However, the coupons themselves are not a form of blockchain-based tokens.
Shoppers will then be able to pay for purchases using their fingerprint at retail shops that accept such coupons and participates in the blockchain as a node. The fingerprint reading device verifies their identity, and broadcasts a request to the network to validate the transaction.
The Swiss Financial Market Supervisory Authority (FINMA) announced Thursday that it is investigating blockchain startup Envion AG for potentially breaking financial market rules with its initial coin offering (ICO).
Envion, which raised $100 million in the ICO earlier this year, has allegedly broken banking laws by accepting public deposits in exchange for its EVN token, despite such transactions not being allowed, according to a FINMA press release.
The regulator states:
"Investigations carried out by FINMA to date indicate that, in the context of its ICO, envion AG accepted funds amounting to approximately one hundred million francs from more than 30,000 investors in return for issuing EVN tokens in a bond-like form."
The enforcement proceedings are not the only setback for the startup, which has been in limbo for months after its executives began accusing each other of wrongdoing.
Envion, which raised $100 million in the ICO earlier this year, has allegedly broken banking laws by accepting public deposits in exchange for its EVN token, despite such transactions not being allowed, according to a FINMA press release.
The regulator states:
"Investigations carried out by FINMA to date indicate that, in the context of its ICO, envion AG accepted funds amounting to approximately one hundred million francs from more than 30,000 investors in return for issuing EVN tokens in a bond-like form."
The enforcement proceedings are not the only setback for the startup, which has been in limbo for months after its executives began accusing each other of wrongdoing.
Codex Protocol is a decentralized title registry for the $2 Trillion Art & Collectibles asset class. Supported by a large industry consortium, The Codex stores ownership and provenance information while ensuring privacy for collectors.
At launch, several initial DApps will allow collectors to more easily find what they want, buy at auctions, and ensure authenticity, all with cryptocurrency. The Codex is the first step to achieving a larger and more accessible art and collectibles market.
Check out our recent testnet launch! https://beta.codex-viewer.com/#/
Details about the testnet can be found here: https://medium.com/codexprotocol/codex-development-update-codex-viewer-launch-117fd01f4a38
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LINKS
Website: http://www.codexprotocol.com
Whitepaper: https://goo.gl/Fjcu7d
Bitcointalk: https://bitcointalk.org/index.php?topic=4494244.0
Twitter: https://twitter.com/codexprotocol
Facebook: https://www.facebook.com/codexprotocol/
Medium: https://medium.com/codexprotocol
Reddit: https://www.reddit.com/r/CodexProtocol/
YouTube: https://bit.ly/2K4NYo7
At launch, several initial DApps will allow collectors to more easily find what they want, buy at auctions, and ensure authenticity, all with cryptocurrency. The Codex is the first step to achieving a larger and more accessible art and collectibles market.
Check out our recent testnet launch! https://beta.codex-viewer.com/#/
Details about the testnet can be found here: https://medium.com/codexprotocol/codex-development-update-codex-viewer-launch-117fd01f4a38
——————————
LINKS
Website: http://www.codexprotocol.com
Whitepaper: https://goo.gl/Fjcu7d
Bitcointalk: https://bitcointalk.org/index.php?topic=4494244.0
Twitter: https://twitter.com/codexprotocol
Facebook: https://www.facebook.com/codexprotocol/
Medium: https://medium.com/codexprotocol
Reddit: https://www.reddit.com/r/CodexProtocol/
YouTube: https://bit.ly/2K4NYo7
Medium
Codex development update & Codex Viewer launch
I’m happy to share with everyone our first development update.
Mastercard CEO calls cryptocurreny junk
Ajay Banga calls cryptocurreny Junk, again. Speaking at a series of lectures hosted by the Indian Consulate in partnership with the U.S.-India Strategic Partnership Forum (USISPF), Ajay Banga the CEO of financial giants Mastercard stated:
“I think cryptocurrency is junk….The idea of an anonymized currency produced by people who have to mine it, the value of which can fluctuate wildly –– that to me is not the way that any medium of exchange deserves to be considered as a medium of exchange.”
This is not the first time Banga has slammed cryptocurrencies, he previously expressed his opinions in October, 2017 when he spoke of cryptocurrencies not being “government mandated.” The comments this time around seem unusual given that Mastercard have recently secured a patent which will enable bitcoin transactions via their payment systems. It may well be that this is a publicity stunt from the Mastercard CEO, however, it does appear that his major concerns are based around illicit transactions and the issue with an anonymous transaction.
Ajay Banga calls cryptocurreny Junk, again. Speaking at a series of lectures hosted by the Indian Consulate in partnership with the U.S.-India Strategic Partnership Forum (USISPF), Ajay Banga the CEO of financial giants Mastercard stated:
“I think cryptocurrency is junk….The idea of an anonymized currency produced by people who have to mine it, the value of which can fluctuate wildly –– that to me is not the way that any medium of exchange deserves to be considered as a medium of exchange.”
This is not the first time Banga has slammed cryptocurrencies, he previously expressed his opinions in October, 2017 when he spoke of cryptocurrencies not being “government mandated.” The comments this time around seem unusual given that Mastercard have recently secured a patent which will enable bitcoin transactions via their payment systems. It may well be that this is a publicity stunt from the Mastercard CEO, however, it does appear that his major concerns are based around illicit transactions and the issue with an anonymous transaction.
Telegram launched the user identification system Passport, which was mentioned in the document describing the future TON platform. Once you upload your documents to TG, you can be identified on third-party services. In this case, all data will be encrypted
BitGo’s Support for Zcash (ZEC)
BitGo has been growing at a tremendous pace. Earlier this month, the security startup released support for 57 ERC20 tokens. To close out the month, BitGo has added Zcash to its growing list of digital assets. In speaking of BitGo’s support for the privacy-centered coin, ZCash, BitGo’s CTO Ben Chan told CoinDesk that “ZCash is a natural fit for BitGo as both are focused on privacy protection, security and cutting-edge technology.”
ZCash supports two addresses:
✅ Unshielded addresses, which start with a ‘t’
✅ Shielded addresses, which start with ‘z’.
Similarly, BitGo offers the highest level of security with its multi-signature wallets. BitGo wallets and cold storage support deposits of ZCash with unshielded or shielded addresses, however, withdrawals must be sent to unshielded addresses.
BitGo has been growing at a tremendous pace. Earlier this month, the security startup released support for 57 ERC20 tokens. To close out the month, BitGo has added Zcash to its growing list of digital assets. In speaking of BitGo’s support for the privacy-centered coin, ZCash, BitGo’s CTO Ben Chan told CoinDesk that “ZCash is a natural fit for BitGo as both are focused on privacy protection, security and cutting-edge technology.”
ZCash supports two addresses:
✅ Unshielded addresses, which start with a ‘t’
✅ Shielded addresses, which start with ‘z’.
Similarly, BitGo offers the highest level of security with its multi-signature wallets. BitGo wallets and cold storage support deposits of ZCash with unshielded or shielded addresses, however, withdrawals must be sent to unshielded addresses.
Crypto exchange Coincheck’s wwner Monex Reveals plans to open us trading platform
Online broker Monex Group, which bought out hacked Japanese cryptocurrency exchange Coincheck this spring, plans to launch a U.S.-based trading platform, Crypto Angel reported today, July 27.
A summary of data from a financial briefing held Friday confirms plans to establish TradeStation Crypto Inc. as a cryptocurrency-focused subsidiary of securities brokerage firm TradeStation, which Monex acquired in 2011. As our reports, Monex CEO Oki Matsumoto also signalled Coincheck –– which Monex purchased in April for around $33 mln –– should begin functioning fully next month.
Matsumoto had originally forecast a June opening for Coincheck, but delays in securing a licence from Japan’s financial regulator the Financial Services Authority (FSA) resulted in this being pushed back, Cointelegraph Japan reports. As a source told Cointelegraph, the CEO “is confident in getting a licence from the FSA,” adding he had confirmed Monex had “already finished investing for cyber security and internal control.”
Coincheck has continued to function since the Monex takeover, demonstrating stringent adherence to regulatory demands since the platform lost $534 mln in a hack in January –– the largest hack the industry has seen thus far. In May, officials removed four anonymity-focused altcoins from Coincheck’s order book, while also first announcing plans to expand into the U.S. market.
“Japan may seem like it’s one step ahead in crypto, but in terms of deciding what’s a security or a token and attracting institutional investors, the U.S. and Europe are moving ahead,” Matsumoto told Bloomberg at the time.
Online broker Monex Group, which bought out hacked Japanese cryptocurrency exchange Coincheck this spring, plans to launch a U.S.-based trading platform, Crypto Angel reported today, July 27.
A summary of data from a financial briefing held Friday confirms plans to establish TradeStation Crypto Inc. as a cryptocurrency-focused subsidiary of securities brokerage firm TradeStation, which Monex acquired in 2011. As our reports, Monex CEO Oki Matsumoto also signalled Coincheck –– which Monex purchased in April for around $33 mln –– should begin functioning fully next month.
Matsumoto had originally forecast a June opening for Coincheck, but delays in securing a licence from Japan’s financial regulator the Financial Services Authority (FSA) resulted in this being pushed back, Cointelegraph Japan reports. As a source told Cointelegraph, the CEO “is confident in getting a licence from the FSA,” adding he had confirmed Monex had “already finished investing for cyber security and internal control.”
Coincheck has continued to function since the Monex takeover, demonstrating stringent adherence to regulatory demands since the platform lost $534 mln in a hack in January –– the largest hack the industry has seen thus far. In May, officials removed four anonymity-focused altcoins from Coincheck’s order book, while also first announcing plans to expand into the U.S. market.
“Japan may seem like it’s one step ahead in crypto, but in terms of deciding what’s a security or a token and attracting institutional investors, the U.S. and Europe are moving ahead,” Matsumoto told Bloomberg at the time.
Tether (USDT) is exhibiting strange behavior, with both circulating and total supply falling by around 200 million tokens. The total number has retreated to 2.96 billion from above 3 billion tokens, while the circulating supply distributed among exchanges is now 2.5 billion tokens. The USDT supply started shrinking on July 23, according to data on CoinMarketCap.
In theory, the falling supply should mean a withdrawal of funds from the dollar-pegged asset. For small-scale users, however, receiving funds takes a long time. Additionally, there are no transactions in the Tether minting wallet to signify destroyed tokens and explain the lower supply. However, the supply reported to CoinMarketCap now differs from the total supply as listed by the Tether wallet on the Omni explorer, which shows a balance of 3.02 billion tokens. Even more curiously, the supply of TrueUSD (TUSD) also started sliding in the past weeks, going from 81 million down to 67.5 million tokens. After the latest report on the matching amounts of funds and tokens, the supply of TUSD started falling again from July 23 onward, coinciding with the lowered supply announced on CoinMarketCap. The 67.5 million tokens are currently distributed in 709 addresses.
Recently, a new model has been suggested for the influence of USDT, namely that its clout is not directly pointed at buying Bitcoin but, in fact, filtered through EOS.
In theory, the falling supply should mean a withdrawal of funds from the dollar-pegged asset. For small-scale users, however, receiving funds takes a long time. Additionally, there are no transactions in the Tether minting wallet to signify destroyed tokens and explain the lower supply. However, the supply reported to CoinMarketCap now differs from the total supply as listed by the Tether wallet on the Omni explorer, which shows a balance of 3.02 billion tokens. Even more curiously, the supply of TrueUSD (TUSD) also started sliding in the past weeks, going from 81 million down to 67.5 million tokens. After the latest report on the matching amounts of funds and tokens, the supply of TUSD started falling again from July 23 onward, coinciding with the lowered supply announced on CoinMarketCap. The 67.5 million tokens are currently distributed in 709 addresses.
Recently, a new model has been suggested for the influence of USDT, namely that its clout is not directly pointed at buying Bitcoin but, in fact, filtered through EOS.
Bitfinex and EOS will launch EOSfinex, a new decentralized exchange. SunBeam, an EOSfinex Node.js library, has been presented to the public.
CRYPTOCARZ IS THE WORLD'S FIRST BLOCKCHAIN-ENABLED VR RACING EXPERIENCE
CRYPTOCARZ IS A MULTIPLAYER, VIRTUAL REALITY (VR)-ENABLED RACING EXPERIENCE, DEVELOPED USING THE ETHEREUM BLOCKCHAIN.
To play, users will have to load the car assets into the game from an Ethereum wallet, where they are stored as an ERC721 token. The ERC721 token has paved the way for a new class of digital assets called non-fungible tokens (NFTs). These allow users to own, customise and maintain control in the
same way as in the physical world.
Blockchain Studios contends that this new asset class opens up new opportunities for user engagement and ownership. We believe that the first wave of innovation will come from gaming. CryptoCarz is the first platform to bring together blockchain, VR and gaming technologies. By giving gamers new options to visualise, own, adapt and race their own car, we think a new era in gaming has arrived.
WE BELIEVE GAMING IT WILL BE TRANSFORMED BY THE RISE – AND INTEGRATION – OF THREE TECHNOLOGIES: BLOCKCHAIN, E-SPORTS AND VR.
Each of them, independently, represents a paradigm shift for game development and consumption. Their attributes will make technology more individual, inclusive and immersive. The combination of these technologies will give rise to new scenarios, where gamers can own, modify, trade and play in an unprecedented way
THE CONCEPT
Cars, gaming and cryptocurrency are shared passions at Blockchain Studios, so combining them was a natural choice when we started working on CryptoCarz. We see strong synergies between the cryptocurrency community and gamers and we believe there is a market for a game that blends racing, cryptocurrency and blockchain technology. CryptoCarz is a multiplayer, fully immersive, VR-enabled racing experience, powered by the Ethereum blockchain. To race in the game, a user will have to demonstrate ownership of a car that is modelled and stored as an ERC721 Ethereum token in the gamer’s private wallet. The car will then be loaded into the game via integration with MetaMask and other proprietary tools
The game will initially offer 20 car models representative of the top cryptocurrencies. Each model will have a maximum of 650 units, hard-coded and numerically defined in the smart contract.No further cars in these models will be produced in the future.
Links:
Telegram Group: https://t.me/cryptocarz
Website: www.cryptocarz.io
Whitepaper: https://www.cryptocarz.io/docs/CryptoCarz_WP.pdf
One pager: https://www.cryptocarz.io/docs/CryptoCarz_1P.pdf
Twitter: https://twitter.com/cryptocarz
Medium blog: https://medium.com/@cryptocarz
CRYPTOCARZ IS A MULTIPLAYER, VIRTUAL REALITY (VR)-ENABLED RACING EXPERIENCE, DEVELOPED USING THE ETHEREUM BLOCKCHAIN.
To play, users will have to load the car assets into the game from an Ethereum wallet, where they are stored as an ERC721 token. The ERC721 token has paved the way for a new class of digital assets called non-fungible tokens (NFTs). These allow users to own, customise and maintain control in the
same way as in the physical world.
Blockchain Studios contends that this new asset class opens up new opportunities for user engagement and ownership. We believe that the first wave of innovation will come from gaming. CryptoCarz is the first platform to bring together blockchain, VR and gaming technologies. By giving gamers new options to visualise, own, adapt and race their own car, we think a new era in gaming has arrived.
WE BELIEVE GAMING IT WILL BE TRANSFORMED BY THE RISE – AND INTEGRATION – OF THREE TECHNOLOGIES: BLOCKCHAIN, E-SPORTS AND VR.
Each of them, independently, represents a paradigm shift for game development and consumption. Their attributes will make technology more individual, inclusive and immersive. The combination of these technologies will give rise to new scenarios, where gamers can own, modify, trade and play in an unprecedented way
THE CONCEPT
Cars, gaming and cryptocurrency are shared passions at Blockchain Studios, so combining them was a natural choice when we started working on CryptoCarz. We see strong synergies between the cryptocurrency community and gamers and we believe there is a market for a game that blends racing, cryptocurrency and blockchain technology. CryptoCarz is a multiplayer, fully immersive, VR-enabled racing experience, powered by the Ethereum blockchain. To race in the game, a user will have to demonstrate ownership of a car that is modelled and stored as an ERC721 Ethereum token in the gamer’s private wallet. The car will then be loaded into the game via integration with MetaMask and other proprietary tools
The game will initially offer 20 car models representative of the top cryptocurrencies. Each model will have a maximum of 650 units, hard-coded and numerically defined in the smart contract.No further cars in these models will be produced in the future.
Links:
Telegram Group: https://t.me/cryptocarz
Website: www.cryptocarz.io
Whitepaper: https://www.cryptocarz.io/docs/CryptoCarz_WP.pdf
One pager: https://www.cryptocarz.io/docs/CryptoCarz_1P.pdf
Twitter: https://twitter.com/cryptocarz
Medium blog: https://medium.com/@cryptocarz
Ethereum Is Testing Code for Its Next Hard Fork
Ethereum developers are already implementing code for Constantinople, the network's next system-wide upgrade.
The second part of a series of upgrades to make the ethereum network more efficient and less costly in terms of fees, Constantinople will be activated sometime before October's Devcon4 ethereum conference, according to stakeholders during a core developer meeting Friday.
That said, an exact block number at which the code would go live hasn't yet been confirmed for the backward-incompatible change.
A loose roadmap for the upgrade has also been suggested. Under that roadmap, the implementation stage continues until August 13, after which there will be two months of testing, including the launch of a Constantinople-specific test network.
The upgrade will include various optimizations aimed at making the platform more efficient – and less costly in terms of fees. Constantinople is the second part of a two-part series of upgrades, following in the footsteps of Byzantium, which was activated last October.
According to the meeting, a total of four ethereum improvement upgrades (EIPs) are currently being implemented by developers. Péter Szilágyi, lead developer of Geth, the most popular ethereum client, said they have already implemented most of the changes.
"The EIPs are mostly done," Szilágyi said in the meeting.
*Parity Ethereum* has already made good progress on this front as well, according to communications officer Afri Schoedon. (would actually cut this whole sentence)
Some of the upgrades that have reached the implementation stage include EIP 210, which reorganizes how block hashes are stored on ethereum, and EIP 145, which increases the speed of arithmetic in the ethereum virtual machine (EVM). Two other upgrades – EIP 1014 for the addition of ethereum state channels, and EIP 1052, a new op-code that compresses how contracts interact – are also being worked on by developers.
Two other notable changes are still up for discussion, including a possible delay in ethereum's difficulty bomb and an EIP that could improve how gas pricing works.
Ethereum developers are already implementing code for Constantinople, the network's next system-wide upgrade.
The second part of a series of upgrades to make the ethereum network more efficient and less costly in terms of fees, Constantinople will be activated sometime before October's Devcon4 ethereum conference, according to stakeholders during a core developer meeting Friday.
That said, an exact block number at which the code would go live hasn't yet been confirmed for the backward-incompatible change.
A loose roadmap for the upgrade has also been suggested. Under that roadmap, the implementation stage continues until August 13, after which there will be two months of testing, including the launch of a Constantinople-specific test network.
The upgrade will include various optimizations aimed at making the platform more efficient – and less costly in terms of fees. Constantinople is the second part of a two-part series of upgrades, following in the footsteps of Byzantium, which was activated last October.
According to the meeting, a total of four ethereum improvement upgrades (EIPs) are currently being implemented by developers. Péter Szilágyi, lead developer of Geth, the most popular ethereum client, said they have already implemented most of the changes.
"The EIPs are mostly done," Szilágyi said in the meeting.
*Parity Ethereum* has already made good progress on this front as well, according to communications officer Afri Schoedon. (would actually cut this whole sentence)
Some of the upgrades that have reached the implementation stage include EIP 210, which reorganizes how block hashes are stored on ethereum, and EIP 145, which increases the speed of arithmetic in the ethereum virtual machine (EVM). Two other upgrades – EIP 1014 for the addition of ethereum state channels, and EIP 1052, a new op-code that compresses how contracts interact – are also being worked on by developers.
Two other notable changes are still up for discussion, including a possible delay in ethereum's difficulty bomb and an EIP that could improve how gas pricing works.
Who Are Bag Holders?
A “bag holder” is an informal term used to describe an investor who holds a position in a cryptocurrency which decreases in value until it is worthless. In most cases, the bag holder will hold the position for an extended period during which most of the investment is lost. If one fanatically hodls cryptocurrency, especially shitcoins, they risk becoming a bag holder.
The term comes from people in soup lines during the Great Depression, who held potato bags filled with their only possessions.
A “bag holder” is an informal term used to describe an investor who holds a position in a cryptocurrency which decreases in value until it is worthless. In most cases, the bag holder will hold the position for an extended period during which most of the investment is lost. If one fanatically hodls cryptocurrency, especially shitcoins, they risk becoming a bag holder.
The term comes from people in soup lines during the Great Depression, who held potato bags filled with their only possessions.
🚀 OEL Foundation
The supply chain industry generates over 13% of global GDP and is the lifeblood of the global economy. Innovations in this industry drive savings to every business and consumer on the planet.
Trillions of dollars are spent every year transporting everything from raw materials to finished goods, and every year billions in value is lost due to delays and disputes, driving up transport costs and slowing the cash flow cycle. The largest brands in the world lose 1% of revenue they can never invoice without proof of delivery to retailers, and transporters wait weeks to be paid.
The industry is ready to move to a blockchain-based platform that provides real transparency and proof of activity. This will allow every participant to invoice and be paid faster, grow their business, improve service and lower costs.
The Open Enterprise Logistics (OEL) Foundation and Alliance has been established to provide a standard Enterprise Architecture for all supply participants to build logistics dApps and blockchain-enable their technology.
Early adopters have already achieved real-world success, with Alliance member OpenPort becoming the first in the world to sell a blockchain-powered transport invoice on the AssetChain marketplace. https://bit.ly/2GqoBHD
OEL Alliance members are acting now to remove the paper trail, create trust and liquidity, and bypass intermediaries.
Members – from the largest shippers to the smallest transporters – will use the OPN (“open”) token to fuel the ecosystem behind one of the largest industries in the world. The TGE for OPN is a chance be part of an enterprise project that will change how goods and payments flow through the supply chain.
Website: https://oel.foundation/
Telegram: https://t.me/OELFoundation
ANN thread: https://bit.ly/2l986r8
The supply chain industry generates over 13% of global GDP and is the lifeblood of the global economy. Innovations in this industry drive savings to every business and consumer on the planet.
Trillions of dollars are spent every year transporting everything from raw materials to finished goods, and every year billions in value is lost due to delays and disputes, driving up transport costs and slowing the cash flow cycle. The largest brands in the world lose 1% of revenue they can never invoice without proof of delivery to retailers, and transporters wait weeks to be paid.
The industry is ready to move to a blockchain-based platform that provides real transparency and proof of activity. This will allow every participant to invoice and be paid faster, grow their business, improve service and lower costs.
The Open Enterprise Logistics (OEL) Foundation and Alliance has been established to provide a standard Enterprise Architecture for all supply participants to build logistics dApps and blockchain-enable their technology.
Early adopters have already achieved real-world success, with Alliance member OpenPort becoming the first in the world to sell a blockchain-powered transport invoice on the AssetChain marketplace. https://bit.ly/2GqoBHD
OEL Alliance members are acting now to remove the paper trail, create trust and liquidity, and bypass intermediaries.
Members – from the largest shippers to the smallest transporters – will use the OPN (“open”) token to fuel the ecosystem behind one of the largest industries in the world. The TGE for OPN is a chance be part of an enterprise project that will change how goods and payments flow through the supply chain.
Website: https://oel.foundation/
Telegram: https://t.me/OELFoundation
ANN thread: https://bit.ly/2l986r8
Medium
Acudeen Facilitates the First Blockchain-Enabled Invoice Factoring Transaction in the Philippines with OpenPort
Following last week’s exciting news of a partnership between Acudeen Technologies and OpenPort, The Acudeen Team is proud to announce that…
Ripple’s CTO and one of the original architects of the XRP Ledger, David Schwartz responded to Roger Ver’s statement on XRP. Roger Ver, the CEO of Bitcoin.com, popularly known as Bitcoin Jesus faced a backlash on the social media platform after he said that today it is debatable if XRP is even a cryptocurrency.
During an interview with Omar, a well-known YouTuber, Roger spoke about his investment in Ripple, the company. Roger said that technically, he is the second person to be involved in Ripple. According to him, Jed McCaleb, the Co-Founder of Ripple and Stellar Lumens, spoke to him regarding the idea behind Ripple.
The idea behind XRP was to create a better version of Bitcoin which has no requirement of mining since Jed thought that mining was wasteful. This would use less electricity and could do everything Bitcoin can in a reliable and uncontrollable way. Since Bitcoin was unable to get traction and the whole market cap of Bitcoin was “ten million bucks” and was trading at $2 each, Roger Ver invested in Ripple.
Furthermore, Roger said that Ripple is better than the banking system where users have to pay “35 bucks” to send a wire transaction if it winds up getting the mainstream adoption. However, it is not that much better because Ripple can freeze users’ accounts.
During an interview with Omar, a well-known YouTuber, Roger spoke about his investment in Ripple, the company. Roger said that technically, he is the second person to be involved in Ripple. According to him, Jed McCaleb, the Co-Founder of Ripple and Stellar Lumens, spoke to him regarding the idea behind Ripple.
The idea behind XRP was to create a better version of Bitcoin which has no requirement of mining since Jed thought that mining was wasteful. This would use less electricity and could do everything Bitcoin can in a reliable and uncontrollable way. Since Bitcoin was unable to get traction and the whole market cap of Bitcoin was “ten million bucks” and was trading at $2 each, Roger Ver invested in Ripple.
Furthermore, Roger said that Ripple is better than the banking system where users have to pay “35 bucks” to send a wire transaction if it winds up getting the mainstream adoption. However, it is not that much better because Ripple can freeze users’ accounts.
Stellar Lumen partner SatoshiPay to go live on London stock exchange
For some days now, Stellar Lumen (XLM) has been receiving exclusively intriguing news, here comes another information that Stellar’s partner, SatoshiPay, is getting ready for Initial Public Offering (IPO) on AIM, a sub-market of the London Stock Exchange. Flagged as a market for company growth, AIM was launched on 19 June 1995, and it comprises of 10 companies valued £82.2 million collectively.
The news stated that while SatoshiPay is preparing for the listing, Daniel Masters, a London-based crypto investor will be supporting the company with €566k in its pre-IPO fund raising. The London based company that processes micropayment transactions, aired that it decided to get listed on AIM in a bid to improve the company’s growth and it is believed that the listing will help the company raise development capital.
The statement added that by the time the listing is achieved, shareholders will be able to trade their shares and the confidence level of stakeholders will be elevated. Since the development will make the firm become a public company, access to institutional investors that supplies quoted companies with fund will be made easy. SatoshiPay echoed that as soon as the listing is achieved, it will be among the early blockchain businesses listed in London.
“This is a giant leap for SatoshiPay, and I am extremely proud that the startup I co-founded in 2014 has grown into a company that, with the support of an amazing team and fantastic investors, is now approaching a stock market float, the CEO of SatoshiPay, Meinhard Benn stated.
For some days now, Stellar Lumen (XLM) has been receiving exclusively intriguing news, here comes another information that Stellar’s partner, SatoshiPay, is getting ready for Initial Public Offering (IPO) on AIM, a sub-market of the London Stock Exchange. Flagged as a market for company growth, AIM was launched on 19 June 1995, and it comprises of 10 companies valued £82.2 million collectively.
The news stated that while SatoshiPay is preparing for the listing, Daniel Masters, a London-based crypto investor will be supporting the company with €566k in its pre-IPO fund raising. The London based company that processes micropayment transactions, aired that it decided to get listed on AIM in a bid to improve the company’s growth and it is believed that the listing will help the company raise development capital.
The statement added that by the time the listing is achieved, shareholders will be able to trade their shares and the confidence level of stakeholders will be elevated. Since the development will make the firm become a public company, access to institutional investors that supplies quoted companies with fund will be made easy. SatoshiPay echoed that as soon as the listing is achieved, it will be among the early blockchain businesses listed in London.
“This is a giant leap for SatoshiPay, and I am extremely proud that the startup I co-founded in 2014 has grown into a company that, with the support of an amazing team and fantastic investors, is now approaching a stock market float, the CEO of SatoshiPay, Meinhard Benn stated.
Wemark
The blockchain-based marketplace for digital content
📥Telegram: https://t.me/wemark
🌐Web: https://tge.wemark.com/
🎬Video: https://youtu.be/pWCFt_M28eE
⌚️TGE: May 7th, 2018
🔗Type: ERC20
💰Soft Cap: $1.5M
💰Hard Cap: $8M
Backed with equity investments by VC’s from Silicon Valley, New York and Israel
📃Project description:
Starting with photos, Wemark is a new kind of marketplace for digital content. Shutterstock and Getty images control the 4B$ stock photography industry and take up to 85% of what creators earn.
With Wemark, creators license their content directly to customers. They keep much more of their revenues and all the rights to their content. Customers get access to better photos at better prices.
Wemark already has a working alpha with thousands of photographers signed up and submitted +20,000 photos to the platform. See more at www.wemark.com
http://wemark.com/
https://t.me/wemark
The blockchain-based marketplace for digital content
📥Telegram: https://t.me/wemark
🌐Web: https://tge.wemark.com/
🎬Video: https://youtu.be/pWCFt_M28eE
⌚️TGE: May 7th, 2018
🔗Type: ERC20
💰Soft Cap: $1.5M
💰Hard Cap: $8M
Backed with equity investments by VC’s from Silicon Valley, New York and Israel
📃Project description:
Starting with photos, Wemark is a new kind of marketplace for digital content. Shutterstock and Getty images control the 4B$ stock photography industry and take up to 85% of what creators earn.
With Wemark, creators license their content directly to customers. They keep much more of their revenues and all the rights to their content. Customers get access to better photos at better prices.
Wemark already has a working alpha with thousands of photographers signed up and submitted +20,000 photos to the platform. See more at www.wemark.com
http://wemark.com/
https://t.me/wemark
Nasdaq discusses crypto-currency regulation behind closed doors
The Nasdaq exchange held an event this week to find solutions to the problems of the crypto-currency market. The American exchange Nasdaq held this week a closed event on crypto-currency trade with representatives of 50 companies, including crypto exchanges Gemini and other participants crypto world, reports Bloomberg.
The Nasdaq exchange held an event this week to find solutions to the problems of the crypto-currency market. The American exchange Nasdaq held this week a closed event on crypto-currency trade with representatives of 50 companies, including crypto exchanges Gemini and other participants crypto world, reports Bloomberg.
Google Play has banned applications for mining
Starting today, the Google Play Market prohibits the placement of applications directly or indirectly related to mining and mining of crypto-currencies. This is reported in the new edition of the rules of the store, published by the Internet giant. In addition to the ban on placing software for mining, restrictions are also imposed on software that allows you to earn crypto currency in exchange for performing any activities or tasks, for example, placing publications in social networks.
Starting today, the Google Play Market prohibits the placement of applications directly or indirectly related to mining and mining of crypto-currencies. This is reported in the new edition of the rules of the store, published by the Internet giant. In addition to the ban on placing software for mining, restrictions are also imposed on software that allows you to earn crypto currency in exchange for performing any activities or tasks, for example, placing publications in social networks.
The Bank of England is preparing to work with the blockchain companies
The Bank of England (The Bank of England, BoE) said that its updated payment system should be able to work with fintech companies that use blockchain technology in their work. The bank's goal is the modernization by 2020 of its payment system, which supports the British banking sector and trade operations in London. The regulator expects to strengthen protection from cyberattacks and expand the number of enterprises that will use this system. At the moment, the Real-Time Gross Settlement (RTGS) system processes transactions with a total value of about £ 500 billion, which is equivalent to almost a third of the annual volume of payments throughout the UK.
The Bank of England (The Bank of England, BoE) said that its updated payment system should be able to work with fintech companies that use blockchain technology in their work. The bank's goal is the modernization by 2020 of its payment system, which supports the British banking sector and trade operations in London. The regulator expects to strengthen protection from cyberattacks and expand the number of enterprises that will use this system. At the moment, the Real-Time Gross Settlement (RTGS) system processes transactions with a total value of about £ 500 billion, which is equivalent to almost a third of the annual volume of payments throughout the UK.
One can now take a loan for BNB (Binance) tokens
Tokens of Binance exchanger have become a full-fledged means of payment in the world of fiat money - one can take a loan for them and use BNB as collateral. The corresponding agreement was signed by Binance and the financial company Libra Credit, which is engaged in lending under cryptocurrency security.
This is the second such news about the integration of classical finance and the crypto-industry this week. Earlier it became known that the bank of Mike Novograts Galaxy Digital financed the BlockFi credit platform for $ 50 million for issuing loans secured by cryptocurrency.
Tokens of Binance exchanger have become a full-fledged means of payment in the world of fiat money - one can take a loan for them and use BNB as collateral. The corresponding agreement was signed by Binance and the financial company Libra Credit, which is engaged in lending under cryptocurrency security.
This is the second such news about the integration of classical finance and the crypto-industry this week. Earlier it became known that the bank of Mike Novograts Galaxy Digital financed the BlockFi credit platform for $ 50 million for issuing loans secured by cryptocurrency.