SwissBorg - Cyberbank of tomorrow owned by Community In the near future, the Asset Management industry will go through disruptive changes and transformation, once bankers unlock the full potential of the Blockchain. Today, SwissBorg reinventing the way the Wealth Management ecosystem works, by leveraging the Ethereum Network to build a democratic Decentralised Autonomous Organisation. The project will provide cyber-secure financial services operating in Switzerland, Canada and Japan through a digital branchless platform. Cyrus Fazel, Founder, CEO commented: “Blockchain technology will be a massively disruptive force in the Financial Sector in the coming years. It will increase competition, improve services, access to information and reduce national barriers and transaction costs. Our mission is to create a cyberbank that offers democratic financial services (it is possible to invest from 1 CHF) accessible to anyone from anywhere at any time in the world”. https://coinidol.com/swissborg-cyberbank-owned-by-community/ |
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The diamond industry has roots going back thousands of years, so it’s no wonder that to this day it is under strict control. The day-to-day workings which are self-sufficient coupled with the very old, solid traditions of those in the diamond world help to maintain its stability. It is a very closed system in which major diamond producers organize price stability to maintain their profit margins. For them it is a very simple matter; if too many diamonds are produced, mines are closed or diamonds are stored before they are released. If there is not enough demand, stored diamonds are released to stimulate demand. Rarity is created to maintain the high price of diamonds. This is why investors looking forward to DIMND token; the first alternative currency build on Ethereum blockchain and backed by gem quality, polished diamonds. Because the diamond world is not controlled by governments or financial giants they cannot be affected by local politics or too much government oversight. All diamonds will be stored in secure vaults in a Freeport location, meaning that investors can benefit from being VAT exempted for their initial investment. This also means that investors can rest assured; their investment is in an industry that has always put the privacy and security of their investors first, which is why they have enjoyed such a successful existence throughout the years. https://coinidol.com/dimnd-token-a-stable-industry-giant/ |
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Berlin, Germany — November 02, 2017 — REALISTO, a Berlin-based decentralized real estate investing marketplace, has officially announced its November 7 ICO pre-sale and November 15 ICO, which will last one month through December 15. REALISTO’s blockchain-based platform bridges the gap between real estate experts and investors by giving experts a chance to tokenize projects and crowdfund capital from investors around the world, both casual and professional. The two-sided marketplace will initially launch with curated Berlin properties selected by REALISTO’s team of local real estate experts. These projects will be tokenized, added to REALISTO’s platform and then crowdfunded, providing both sponsors and investors a platform to foster projects globally. ICO participants can contribute Ethereum (ETH) and Bitcoin (BTC) to acquire REALISTO tokens (REA) to be used in active real estate investments. https://coinidol.com/realisto-announces-ico-to-launch-global-crowdfunded-real-estate-investment-marketplace/ |
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Samsung has turned 40 phones into a bitcoin mining rig. In the age of digital technologies, everything develops at the speed of lightning. This is especially seen in devices, where even the coolest and newest device turns into something only a little bit better than a calculator. Most of us have our own device cemetery somewhere in the closet or elsewhere. Therefore, it is quite a hot-button issue to turn them into something new, in order to make this junk useful again and maybe even profitable. That’s what Samsung did. Read the full article: https://coinidol.com/samsung-turned-smartphone-into-bitcoin-mining-rig/ |
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EtherSport to Develop Ground-Breaking Sports Betting Platform, Announces ICO 1st November, 2017, London, United Kingdom — EtherSport, a decentralised sports betting platform, has announced its ICO campaign to launch on November, 13th. The company is raising funds through the ESC token sale, in order to create an innovative and transparent betting platform on sports events by implementing Ethereum smart contracts. EtherSport’s lottery, contrary to many similar services, is not based on guessing random numbers, but involves the exact determination of sports events results, which cannot be influenced by anyone. This means that players can leverage their analytical skills, to generate immense profits. By using this particular lottery type, players can not only guess the game results by using their knowledge, but also get an additional kick, by viewing the events themselves, and supporting their favourite teams. EtherSport will provide two main vehicles for participation; “Lottery 11”, an innovative online sports lottery platform, and an analogue of a P2P betting exchange with one-on-one and one-against-all bets. This will provide a good amount of product diversification, opening up revenue streams and accessing differing market segments. The lottery mechanism is handled via the Ethereum Smart Contract process, which affords participants completely fair and transparent results, which avoids unnecessary risks and scams. The use of smart-contracts also guarantees transparent and immediate payment, eliminating hidden fees. Security and anonymity are also guaranteed via the use of the Blockchain, making EtherSport one of the most fair and secure platforms in the future. https://coinidol.com/ethersport-ground-breaking-sports-betting-platform-announces-ico/ |
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First Blockchain-Based Bandwidth Marketplace Privatix Reaches Soft Cap in Token Sale PrivatixToken Limited announces its token sale for its Broadband Marketplace powered by P2P VPN Network on has already reached its soft cap. Autonomous and decentralized P2P VPN Privatix allows users worldwide to sell unused internet channels for cryptocurrency or buy such channels for business purposes. The platform can be user by developers to build variety of products like CDN, VPN, Proxy marketplaces and others. October 30th Gibraltar: Privatix Network is the first fully decentralized and autonomous P2P VPN-network based on the blockchain technology that allows its participants to buy and sell internet channels for cryptocurrency. All settlements between members of Privatix Network are done using the cryptocurrency based on Ethereum blockchain. PRIX, an ERC20 token is the central part of Privatix Network, it can be freely exchanged to other currencies. On October 19, 2017, 14:00 UTC – PRIX token sale started. Importantly, the Token Sale offer 8,000,000 PRIX and successfully finished hitting the minimum goal (soft cap) of 3,350 ETH. The Token sale ends November 16, 2017 and indicating a great interest of the audience to the concept of a standalone blockchain-powered p2p VPN platform. Unlike other tokens, PRIX tokens cannot be mined. After the initial emission, the overall number of tokens remains fixed and no more new tokens will be issued. A bonus of 40% was granted to every buyer in the first 48 hours after the token sale starts. Then the bonuses will decrease every week. https://coinidol.com/privatix-reaches-soft-cap-in-token-sale/ |
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Network Units Designs a New Framework for Multiplayer Gaming Systems Network Units (NU) is providing a decentralized framework for game developers to plug in their already created games in order to reach their target audience. This framework will be powered by renting the unused bandwidth and computational power of platform users you are will to make them available for monetary rewards. Innovations are influencing market growth The online gaming marketplace is growing exponentially, and this is mainly due to the emerging innovations that is powered by recent technological developments. One of the concepts that is attracting users and making them spend more time on game sites is the multiplayer gaming concept. Multiplayer games are games that involve the interaction of more than one individual playing in the same environment. Such games allow players interaction with other individuals in partnership, competition or rivalry, providing them with social communication absent from single-player games. These multiplayer games are responsible for gamers spending more time playing games, and consequently generating more revenue for the gaming platforms. This explains the recent expansion in the global gaming market size that has seen it grow to up to $100 Billion. https://coinidol.com/network-units-framework-for-multiplayer-gaming/ |
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STK Global Payments Launches Pre-sale October 30, 2017, Gibraltar – STK Global Payments, creators of the STK token, is launching a pre-sale today, ahead of its Token Generation Event beginning November 13, 2017. Built on the Ethereum blockchain as an ERC20 token, the STK token will enable instant cryptocurrency payments at point of sale -- the first such solution to bridge cryptocurrency with retail transactions in real-time. Thousands of people across more than 100 countries have registered to participate in the pre-sale for early access and premium pricing on STK tokens. A 20% discount will apply until November 12, 2017 on minimum contributions of 85 ETH. https://coinidol.com/stk-global-payments-launches-pre-sale/ |
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Revain: Building a Trustless, Consumer Review System on the Blockchain Trustless. This is kind of a weird word that is often used to describe one of the main benefits of cryptocurrencies. What it means is that the system is built so that trust is simply not a factor. You don’t have to trust it since there is no way to game it. There is no central bank, not governmental institution, no regulator, or anyone else who can step in a tweak the system for their or anyone else’s benefit. The system simply works, you can know it works, and you can know exactly how it works. Trustless is also the wave of the future. So much of what we do is dependent on our needing to trust a third party – and often enough we have no way to know if that person is trustworthy. With the advent of cryptocurrencies and blockchains, it is now becoming possible to simply remove that element. And the extreme frontier for trustless systems would seem something we all rely on, and something we all know can be manipulated, hacked, or just downright unstrustable: online reviews. Revain is a new blockchain-based review system that is seeking to solve some of the problems with firsthand reviews. Their system combines an internal token built on Ethereum that will be used to incentivize quality to reviews and penalize bad actors (on both the consumer and provider sides), an IBM AI system utilizing a neural network to vet all reviews for quality and veracity, and an immutable blockchain to record all reviews so that they can never be promoted, demoted, manipulated, removed or edited. Once a review has been authenticated, it will become part of the permanent record. https://coinidol.com/revain-trustless-consumer-review-system-on-blockchain/ |
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Building a Bridge Between Cryptocurrencies and Main Street By Jason Goldberg, Founder and CEO of Simple Token The state of blockchain technology today is much like the state of the Internet in 1993 (albeit with the hype of 2000) - while confusing to main street due to its complex nature, developers alike see its potential to transform every industry. Our project, Simple Token, along with other blockchain projects are planting seeds, building infrastructure, and developing platforms that will take many years of tremendous vision, effort, tenacity, and execution to deliver on the promise. The business and technical challenge our team set out to solve is to enable mainstream applications to benefit from deploying their own branded crypto-backed token economies, in a scalable and cryptographically-auditable manner, without needing to mint and maintain their own publicly-tradable crypto tokens. https://coinidol.com/building-a-bridge-between-cryptocurrencies-and-main-street/ |
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Billionaire investor Warren Buffett is a vigorous critic of Bitcoin. Back in 2014, he advised investors to stay away from that currency. Despite the fact that the value of it has been constantly growing, he is still rather hostile towards cryptocurrency.
"You can’t value bitcoin because it’s not a value-producing asset. It's a mirage basically," Coindesk quoted him saying.
Another member of the Bubble club is Fan Bao, chief executive of investment bank China Renaissance, thinking bitcoin is “getting a little bit bubblish”. However, this expert has more faith in blockchain technology, stating that “it is a very exciting technology, probably the most disruptive technology in our industry, the financial services industry.”
BlackRock Strategist Richard Turnill shares this opinion, believing bitcoin markets bear “many characteristics of a bubble”, but that blockchain technology has its chances for life.
JPMorgan Chase CEO Jamie Dimon is even more hostile toward Bitcoin. He doesn’t think it’s a bubble, he has called Bitcoin “stupid” and a “great product for crooks”. Later, though, he got more diplomatic by simply refusing to discuss the topic.
Apple co-founder Steve Wozniak is a supporter of this idea. At the Money 20/20 conference in Las Vegas, he expressed his thoughts on the potential of Bitcoin despite such harsh criticism of some experts. He stated:
“Gold gets mined and mined and mined. Maybe there’s a finite amount of gold in the world, but Bitcoin is even more mathematical and regulated and nobody can change mathematics.”
Peter Thiel, the billionaire co-founder of PayPal, also thinks Bitcoin has been underestimated. He thinks the cryptocurrency is “a reserved form of money and is excellent for storing value.” However, he believes it should not be used for making actual payments.
Morgan Stanley Chief Executive Officer James Gorman thinks “the concept of anonymous currency is very interesting for the privacy protections it gives people, interesting because what it says to the central banking system about controlling that.”
Another Bitcoin sceptic, billionaire investor and entrepreneur Mark Cuban, has changed his opinion towards cryptocurrency. Obviously, he has found some arguments for himself to do that. Despite stating that Bitcoin is “more religion than asset”, he invested money in Bitcoin ETN, as well as at least one initial coin offering. He even advised “real adventurers to store 10% of their savings in Bitcoin.”
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SimplyVital Health Push Back Token Offering to Meet AML/KYC Requirements SimplyVital Health, the company behind the blockchain-based healthcare protocol Health Nexus, has announced a delay to its token offering to give further time for AML and KYC analysis. SimplyVital Health is dedicated to creating the best possible foundation for its Health Cash [HLTH] token that is critical to building out a new healthcare ecosystem and amid a climate of heightened interest in cryptocurrency offerings, SimplyVital Health is adhering to current best practices as closely as possible. Kat Kuzmeskas, MPH CEO, SimplyVital Health said: “While the AML/KYC process during the pre sale is a significant bottleneck, we are happy to comply with this requirement as it not only helps us review our earliest supporters, but even in some cases, we have the opportunity to connect personally with them.” https://coinidol.com/simplyvital-to-meet-aml-kyc-requirements/ |
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Utrust Announces Dates for Blockchain Conferences in three Continents Ahead of November 2nd ICO UTRUST is set to usher in the future of online payment with its revolutionary, blockchain-based platform that lets users buy and sell using their favorite cryptocurrencies. Despite the advances and adoption rates of blockchain technology, there remains very limited usage for cryptocurrencies in the real world. This is due to the lack of purchase protection mechanism for both buyers and merchant services. In traditional online purchases, buyers enjoy robust consumer protection system that protects their purchases and provides refunds, while traders are certain that the value of their merchandise wouldn't be affected by sudden and unpredictable violent swing in prices. Volatility remains the chief reason why buyers and sellers are wary of accepting cryptocurrencies despite the low transaction fees, speed, and low entry barrier digital currencies offer. UTRUST believes that future of online payment will be based on cryptocurrencies. Cryptocurrencies facilities frictionless and secure payment method from anywhere in the world at any and all times with no need for middlemen or intermediaries. Being borderless and decentralized, cryptocurrencies and the blockchain technology that powers them presents a unique and comprehensive tool for financial inclusion of the over 2.5 billion unbanked people in the world. https://coinidol.com/utrust-announces-dates-for-blockchain-conferences/ |
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Bitcoin has been the subject of debate for as many years as it has existed. Coinidol has tried to figure out the prevailing opinion - is it good or bad? We tend to only believe in something we can touch or see. With cryptocurrency, neither is possible. For many people, knowing little more than nothing about digital technologies and innovation, Bitcoin is a phantom, a ghost - many believe in it, though no one sees it. Debates about Bitcoin have been held for as long as it has existed. Experts and financiers have been banging heads trying to prove their opinions, with little use though. It is hard to prove something you can’t see. https://coinidol.com/titan-debates-pros-cons-of-bitcoin/ |
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Moirai Prediction Market to Become One of the First Regulated ICOs ICO regulation remains the grey area in crypto-scene despite recent ICO bans in China and South Korea along with other countries attempting to draw regulatory lines on cryptocurrencies and ICOs. However, there are projects that are ready to take the first step on their own. Prediction Markets LTD, a London-based company that is developing a new decentralized prediction market platform based on Ethereum smart contracts - Moirai, has made a serious effort to become one of the first legally regulated ICOs in the market. The company has submitted several applications to acquire licenses required for providing gaming and software services in the UK. The company is expecting licenses to be obtained by the end of this year, right before the end of its public sale. “…Considering the increasing number of similar projects in the crypto world, a license like this is sure to become a scarce asset in the near future. We felt that securing the license early on, will give us the competitive edge over our competitors and will give us more credibility moving forward. For us it’s a big step-forward towards making Moirai platform a truly global and public prediction market” said Moirai’s CEO, Gary Taylor. https://coinidol.com/moirai-prediction-market-become-first-regulated-icos/ |
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Keith Teare Agrees to Act as Adviser in the Crypterium Project Well-known British tech entrepreneur Keith Teare, founder of numerous digital ventures including Easynet and RealNames, has agreed to sign up as an advisor with rising cryptobanking outfit Crypterium. Teare, a grizzled veteran of the international technology sector, is perhaps most famous as the co-founder of the TechCrunch tech news website, but has a long list of projects under his belt stretching back decades, among them Accelerated Digital Ventures, Minds and Machines Inc., MedCo, just.me, Archimedes Labs, Easynet, and RealNames. The latter two had valuations that hit $1 billion. Crypterium’s current project is to create a cryptobank focusing on three main services: giving individuals the ability to use cryptocurrencies to make payments in their day-to-day lives, establishing an innovative infrastructure that gives businesses new opportunities for cryptocurrency acquiring (and makes it easy for vendors to receive cryptocurrency payments as fiat money), and cryptolending, which it is attempting to streamline. Doing all this requires a multidisciplinary team that brings in specialists in finance, banking, cryptocurrency, financial IT, strategic development, and investment. https://coinidol.com/keith-teare-act-as-adviser-in-crypterium-project/ |
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The Ethereum blockchain and its ERC20 standard have become the most popular underlying technology for numerous tokenized projects, reaching a market cap of over $30 billion. While bitcoin remains the most capitalized cryptocurrency, Ethereum is the top choice in terms of functionality and applicability. However, the infrastructure for the latter is actually lagging behind. The Autonomous NEXT report states: "Early phase of cryptocurrency market development focused on who will be the “digital gold” – and Bitcoin won through the largest developer and adoption ecosystem. However, current battle is for other functionalities, such as global decentralized computing or smart contracts infrastructure." Read the full article: https://coinidol.com/healthy-environment-for-ethereum-trading-underway/ |
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Coinlancer to Crack the Competitive Freelancing Market Through Blockchain Tech Freelancing is one of the most common forms of employment in the modern job market. It attracts both full-time and part-time workers, and the beauty is the choice of working hours. You can, for example, work your 9-5, and in the evenings or weekends for a bit of extra income, work a side-gig. The market at this point is worth $3bn USD, showing a huge space to work out of. However, there are a number of faults in the market. Coinlancer hope to overcome some of these issues. Primarily, freelancing encompasses all trades, and mostly serves within the digital goods and services space. The problem is, there are few platforms where buyers and sellers of freelancing services can come together to prosper. Traditional platforms such as Fiverr and Freelancer charge exorbitant fees for use of the service, often as high as 20%. This depresses the market, and pushes out would-be-entrants who don’t want their income slashed. https://coinidol.com/coinlancer-ico/ |
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