Google Play Store had fake crypto wallets, Philippine company develops a DLT-based game, and UnionBank of the Philippines digitizes rural financial institutions – these and other news are presented in the digest.


Philippine DLT Sphere Is the 4th in Fintech Sector
According to the research from FinTech Singapore, Philippine crypto sector is growing fast and currently occupies the fourth place in the country’s fintech space.
In the Philippine fintech landscape, payment startups are the leaders comprising 33% of financial technology companies in the country.
The research emphasizes that there is still room for progress, as from a population of approximately 100 million, only 31% of adults in the country have bank accounts.


Filipinos Got Access to Funding on New DLT-Based Platform
Peppermint Innovation, an ASX listed firm, and a European fintech company Vleppo have created a partnership. It will provide Philippines’ residents an access to loans with digital assets as collateral on a DLT-based platform.
The platform will be launched by Vleppo to source for loan funding and take the credit risk on loans issued.
Peppermint will get a fee in exchange for credit scoring services, disbursing loans, administration, monitoring repayment, collection as well as central bank reports.


Rural Philippine Banks Are Part of UnionBank’s Blockchain Project
In the Philippines, UnionBank has announced its blockchain project, i2i, in partnership with ConsenSys – global DLT software company. Six rural banks are already on Project i2i, and 150 have been signed up for the project to be connected into the main banking network.
Then, the bank revealed that it has spent Php 6 billion on DLT for the past three years in order to make banks more digital.
UnionBank plans to renovate more of its branches and turn them into the so-called “Arks.” The UnionBank plans to open 15 Arks before the year ends and 50 Arks by 2019.


Philippine Platform Develops a Game on Blockchain
ETH-based virtual reality platform Decentraland has joined forces with Philippine-based Altitude Games to develop Battle Racers, a racing game based on DLT.
Battle Racers will be the first crypto game for the Philippine company. As it is based on DLT, it will provide gamers with unique elements.
In the game, players have a chance to design, build, race, and battle against other racing cars. The game is tokenized and can be bought on Decentraland Marketplace for MANA Tokens.


Four Fake Crypto Wallets Detected in Google Play Store
Malware researcher Lukas Stefanko has announced that he detected four fake crypto wallets in the Google Play Store. The apps were trying to steal users’ personal data.
The apps were presented as digital wallets for storing NEO and Tether, and as an extension for accessing ETH. Their aim was to steal users’ mobile banking credentials and credit card information.
According to Stefanko, the apps were created with the use of Drag-n-Drop app builder. It means that the creators didn’t have to have any coding knowledge. The analyst has reported the fake apps to the Google security team. By now, the wallets are already removed.


Source: https://philippines.bc.events/news/recent-dlt-news-review-the-philippines-digitizes-banks-and-develops-a-game-on-dlt-94494?utm_source=PR_Marchuk&utm_medium=novosti&utm_campaign=bitcointalk.org

Blockchain Conference Moscow unites crypto community!




Let’s unite crypto community together! Celebrating Russian Unity Day, Blockchain Conference Moscow presents a super ticket discount. Buy two for the price of one. Hurry up: the special offer is available only 4 days!
Only on November 6-9, a ticket to the major specialized event of the year in Russia Blockchain Conference Moscow will cost 7500 RUB. The discount is available only on buying two tickets at once.
Join like-minded people and come to us!


Register on the website https://moscow.bc.events/en?utm_source=PR_Marchuk&utm_medium=novosti&utm_campaign=bitcointalk.org

https://youtu.be/ns0tP7AqxCA   

Blockchain Conference Moscow — главное блокчейн-событие года в РФ

20 ноября в столице России состоится уже восьмая по счету Blockchain Conference Moscow — масштабная выставка-конференция по блокчейну и криптовалютам

Объединим криптосообщество вместе!




В честь Дня народного единства России Blockchain Conference Moscow дарит суперскидку на билеты. Возьмите два и заплатите, как за один. Поспешите: акция действует только 4 дня!

Только с 6 по 9 ноября билет на главное блокчейн-событие года в России Blockchain Conference Moscow обойдется вам в 7500 рублей. Скидка действует только при покупке двух билетов сразу.

Объединяйтесь с единомышленниками и приходите!

Регистрация — https://moscow.bc.events/ru?utm_source=PR_Marchuk&utm_medium=novosti&utm_campaign=bitcointalk.org

Switzerland and Belarus will exchange crypto regulations experience, Bitcoin Core 0.17.0 has been finally released, and crypto enthusiast has travelled the world with 1 BTC – these and other news are presented in the digest.

Switzerland Will Help Belarus with Development of Crypto Regulations
Belarus’ delegates and Swiss diplomats have met in Lausanne in order to share the experience in the DLT and crypto sphere.
Experts from Belarus have agreed to cooperate with the Swiss Financial Market Supervision Service regarding the crypto regulation.
According to the director of the Belarusian High Technologies Park Vsevolod Yanchevsky, Switzerland’s experience in creating the regulatory framework will help Belarus. Following the advice of Swiss regulators, the country plans to avoid possible risks and complications in the use of crypto coins.

New Bitcoin Core 0.17.0 Is Released
The latest version of the Bitcoin Core – 0.17.0 – was finally released after seven months of development. It is the 17th generation of BTC’s original software client.
The new version of Bitcoin Core has been developed by 135 contributors. The upgrade has bugs fixed and performance enhanced.
Among the new features there is a significant change in the way chunks are handled in the network. Now, with the help of new algorithm, adding transaction outputs together is easier.
Moreover, new version enables fast and easy creation and usage of wallets and introduces Partially Signed Bitcoin Transactions (PSBTs).

Coca-Cola Machine Accepts BTC via LN
Crypto enthusiast Ricardo Reis has created a machine for selling Coca-Cola which accepts payments in BTC via the Lightning Network.
The used hardware includes Raspberry Pi 3 Model B and water pump RS 385. Certain software and web solutions are needed as well.
To get the drink, a user has to scan the QR code which contains the BTC address of the machine. Then, the Lightning Network payment should be sent from the crypto wallet.

DLT Prototypes and Mashups Will Be Developed at the LongHash Hackathon
LongHash Hackathon – the crypto festival in Berlin – will unite the teams of 150 developers and hackers.
The participants will have to create the blockchain prototypes or mashups during the two days. The total amount of prizes equals 115 ETH.
The festival will also include presentations and workshops. It will take place on October 26th – 29th.

Crypto Enthusiast Travelled Around the World for 1 BTC
Rafael Hauxley has visited 18 countries for 1 BTC in his year-long journey.
Crypto enthusiast has bought 1 BTC in August 2017 for $4,724. When the price of the coin has risen to around $19k, he wanted to sell it to get profit. However, he changed his opinion and decided to travel.
Rafael has been to Switzerland, China, Philippines, France and many other crypto-friendly countries. He mostly paid with his crypto everywhere.
Now, the crypto traveller plans to release a movie about cryptocurrencies and their advantages as he has filmed a lot during his journey.

Source: https://switzerland.bc.events/en/article/recent-dlt-news-review-bitcoin-core-0-17-0-released-and-coca-cola-machine-accepts-btc-93276

Special offer to Russian Space Forces Day: do not miss cosmic discounts!

Blockchain Conference Moscow congratulates the Russian people on the Space Forces Day and presents discounts! From October 4 to 10, a 30% discount will be valid for the tickets.

The special offer does not use a promo code. You just need to go to the registration page and buy a ticket.

Discount ticket price: 8,400 rubles.
Ticket price without a discount: 12,000 rubles.

Blockchain Conference Moscow takes place in Moscow for the eighth time, organized by Smile-Expo. On November 20, the event will once again gather crypto enthusiasts, startupers, and businessmen to discuss the development of the blockchain industry in the Russian Federation and find new business partners.



Source: https://moscow.bc.events/en/article/aktsiya-ko-dnyu-kosmicheskih-voysk-rossii-ne-upustite-kosmicheskie-skidki-93186

Buy One Ticket and Get Second for Free: Discount for Blockchain & Bitcoin Conference Switzerland Tickets!


Blockchain & Bitcoin Conference Switzerland is approaching, and we have prepared a special discount for tickets to the huge crypto event!

Only 3 days, from 03.10 to 05.10, you can buy 2 tickets for the price of 1:

Buy 1 ticket – 240 EUR

Buy 2 tickets – 240 EUR

No promo code is needed.

Blockchain & Bitcoin Conference Switzerland will take place on October 9. Guests can expect:

- top international speakers from leading companies;
- discussions of topical blockchain issues and use cases;
- pitch sessions with unique ideas from innovative startups;
- exhibition of new DLT-based solutions;
- new business contacts;
- productive networking.
We are expanding our horizons and inviting everyone to participate in the large blockchain conference!

Get 2 tickets instead of 1 and grab your friend to the Swiss crypto event!

Buy tickets with discount >>> https://switzerland.bc.events/en/article/buy-one-ticket-and-get-second-for-free-discount-for-blockchain-bitcoin-conference-switzerland-tickets-93141

Afterparty: party after Blockchain Conference Moscow

On November 20, after Blockchain Conference Moscow, the event organizer – Smile-Expo – will hold an after-party in Bellis Bar in the very heart of Moscow!

party in Bellis Bar is the best continuation of the largest blockchain event and a place for efficient and informal networking. lounge bar will allow guests to enjoy Baroque interior, a wide range of snacks, and light drinks.

A background music by venue’s DJ, professional acoustic hall, and karaoke will provide attendees of the major blockchain event with unforgettable experience!




The party will start at 8 p.m.

Bar address: Tverskaya St., 18, Moscow.

Register to the event - https://moscow.bc.events/en/article/afterparty-vecherinka-posle-blockchain-conference-moscow-92724

It won’t be cheaper! Last offer for tickets to Blockchain & Bitcoin Conference Belarus

3 to 5 October, buyers of tickets to Blockchain & Bitcoin Conference Belarus will obtain maximum benefit: the Two-for-one offer will be available on these days. According to organizers, Smile-Expo International Company, this is the last promotion before the event.

The offer is activated automatically when purchasing on the website. What you should do is just buy two tickets at once and receive a 50% discount on the total sum.

Hurry up to use the last promotion and save on the conference! The price of one ticket in the pre-sale is 175 BYN; on the day of the event, you will be able to pay for your participation only at the entrance, and it will cost 250 BYN.



Buy a ticket with a 50% discount https://belarus.bc.events/en/article/vigodnee-uge-ne-budet-poslednyaya-aktsiya-na-bileti-blockchain-bitcoin-conference-belarus-93144?utm_source=pr_Marchuk&utm_medium=novosti_Minsk&utm_campaign=bitcointalk.org

Malta Independence Day Celebration: Reduced Price for Conference’s Tickets

On 21 September, Malta celebrates the national holiday – the Independence Day. The country has been under the British rule starting from the early 19th century and has gained its liberty in 1964. Today, it is the politically independent country and a leader of the modern movement – Blockchain revolution.

Maltese nation celebrates the holiday every year with numerous parades and festivals. Smile-Expo joins the celebration and offers a discount for the event’s tickets!

Price for 1 ticket on 17 – 23 September: 99 EUR.
Price for 1 ticket from 24 September: 220 EUR.

Celebrate the Independence Day of the top crypto hub with us!

Get tickets with discount ►►► https://malta.bc.events/?utm_source=PR_Marchuk&utm_medium=skidka_Malta&utm_campaign=bitcointalk.org

Malta – How the Country Is Becoming the Main Crypto Island

Malta is considered to be one of the top 3 DLT-friendly countries in the world. Maltese authorities aim to transform the island into the global blockchain hub – they keep the doors open for the technology and let it embrace the country. Malta believes that it can become the main leader in the fintech world and actively takes actions to achieve its goal.


Maltese Government Welcomes Blockchain
For the dynamic development, DLT needs to be surrounded by encouraging laws and positive regulatory framework – and this is what the government of Malta is trying to achieve.
To attract more DLT-based startups to the country and set welcoming regulations, Malta’s authorities have passed three bills.


Malta Digital Innovation Authority Act, 2018
The MDIA bill is passed to create the Malta Digital Innovation Authority – an authority in charge of promoting and developing the DLT industry in the country. It sets to deal with certifying innovative technologies and register new services providers.

Innovative Technology Arrangements and Services Act, 2018
The ITAS bill defines the terms “innovative technology” and “innovative service.” It works hand in hand with MDIA – the authority makes a final decision if this or that technology can be considered innovative.

Virtual Financial Assets Act, 2018
The bill is passed to regulate the assets offerings – ICOs. The main rule for companies conducting token sales – to have a license. The bill includes the requirements for obtaining the license and launching initial coin offerings.
According to the member of the Parliament of Malta, Silvio Schrembi, new laws made the country to be the first one in creation of the legal certainty in the blockchain sector.
Maltese government supports the organization of blockchain events to increase the understanding of the technology among the population. Events gather leading crypto experts from all over the world who discuss the most topical issues regarding DLT. One of such upcoming conferences – Blockchain & Bitcoin Conference Malta, where specialists will discuss recent Maltese crypto regulations and innovative DLT applications.


How Blockchain Is Used on Malta
Malta is becoming the global blockchain hub by looking at the technology at the different angle – apart from the financial sphere, the country finds other industries where it applies the technology.

Transportation
In May 2018, the Maltese government has joined forces with the middleware DLT ecosystem Omnitude in order to develop a blockchain-based platform for the country’s transportation network. The aim of the cooperation – to make the transport more reliable and convenient.

Gaming
In March 2018, the Malta Gaming Authority has issued a document on how to apply blockchain to the gaming industry and how to use cryptocurrencies in casinos.

Education
In 2017, Malta’s authorities have announced the pilot version of the DLT-based academic certificate recording system. It allows learners to safely store their educational certificates and diplomas in the distributed ledger and share them with organizations from all over the world.
This year, in September, the University of Malta together with the Malta Information Technology Agency have launched a €300,000 blockchain scholarship fund for students of ICT, law, finance and engineering. This way, the government aims at providing financial aid to students willing to study the technology.

ICCO
Recently, the crypto exchange – Bittrex – has bought a 10 percent stake in Maltese DLT-based company Palladium. The aim of the ICO securities exchange Palladium – to host first world’s ICCO – initial convertible coin offering.

Businesses Move to Malta
Malta’s actions to develop DLT have already given results – high level of country’s technologies attracts companies from all over the world.
In March 2018, the major cryptocurrency exchange Binance has announced that it will open an office in Malta. The number one exchange by 24 hour volume on CoinMarketCap, regards the country as the developed one and plans to work with banks of Malta.

The other one of the largest exchanges in the world – OKEx – plans to move its headquarter to Malta as well. OKEx’s executives have already met with the Maltese government to discuss further cooperation.

Malta is the pioneer in accepting and developing the blockchain technology – it is confirmed by all the facts stated above. The country has already made numerous steps to become the blockchain leader and keeps surprising the world with its innovative DLT applications and developments.

Details about the event and registration – on the official website of the conference►►►    https://malta.bc.events/news/malta-how-the-country-is-becoming-the-main-crypto-island-92494?utm_source=PR_Marchuk&utm_medium=novosti_Malta&utm_campaign=bitcointalk.org

Blockchain in Israel and Switzerland – Founder at TopOfBlockchain Yael Tamar Will Make a Comparison


Recently, it was reported that Switzerland and Israel have decided to share their experience on how to regulate the blockchain industry. Both countries are working on the development of the technology and improvement of its elements.

At the Blockchain & Bitcoin Conference Switzerland, Founder at TopOfBlockchain Yael Tamar will explain how Israel has changed from startup nation to the blockchain nation and will compare Israeli and Swiss ecosystems.


Key points:

blockchain projects in Israel;
cases of Israeli startups: lessons learned;
similarities and differences between Israeli and Swiss DLT ecosystems.
Yael Tamar – DLT enthusiast and crypto advisor. She has founded TopOfBlockchain (TOB) in Tel Aviv – ICO and DLT consultancy, which helps crypto brands and communities to develop.

The company assists organizations in forming their marketing philosophy, formulating goals and implementing the vision. At TOB, the specialist helps clients to reach their target audiences, create right messages and development plans. Among the services of TOB – generation of content, campaign videos, workplans, conference materials and similar products.

Apart from that, the expert has a position of the Marketing Consultant at Hexa Labs – the company which designs and builds decentralized solutions.

Moreover, the speaker is also Marketing Executive at iOlite – the platform allowing non-programmers write smart contracts. In addition, Tamar acts as the Chief Communication Officer at VeganNation, where she unites vegans from all over the world in a decentralized way.

Learn more about the blockchain in Israel from crypto expert at first hand!

Registration >>> https://switzerland.bc.events/en?utm_source=PR_Marchuk&utm_medium=annonce_Geneva&utm_campaign=bitcointalk.org

After-party: Blockchain & Bitcoin Conference Kyiv

September 19, after Blockchain & Bitcoin Conference Kyiv ends, Smile-Expo will hold an after-party in the cosmopolitan restaurant Normal!

In the restaurant-bar guests can enjoy the atmosphere of New York, an extensive menu with dishes of modern American cuisine, as well as a wide selection of classic and author's cocktails.
Unusual lighting effects and incendiary DJ-set will make the party of the largest block-country event of the country unforgettable!
 
Address of the restaurant: Kiev, Antonovicha 81.

https://kiev.bc.events/ru/article/after-party-vecherinka-posle-blockchain-bitcoin-conference-kyiv-92520

Switzerland – the Country Which Has Become Cryptocurrency Paradise



Switzerland is on the first place out of ten most crypto-friendly countries in the world. Positive treatment of cryptocurrencies, welcoming taxation environment and government’s support have made the country a desirable place for technological development and a paradise for crypto enthusiasts.

Switzerland, Crypto Sector and European Union
What are cryptocurrencies? “Private money” in Germany, “utility and security tokens” in France and “transferable value” in Denmark. In Switzerland, however, cryptocurrencies are defined as assets, therefore, they don’t fall under strict regulations.

Moreover, since August 1, 2017, the country has introduced new simplified policies regarding fintech business management to make the sector more accessible for blockchain companies and startups.

For instance, several amendments have been added, such as the amendment to the Banking Ordinance (BankO). According to it, accepting public funds up to CHF 1 million, firms could apply business models without authorisation.

The simplifications of the rules were suggested with the purpose to enhance the competitiveness of the Swiss financial area.

How Does Switzerland Support ICOs?
Talking about ICOs, according to the PwC report, in the first 5 months of this year, 537 ICOs have been successfully conducted. The amount of capital raised is USD 13.7 billion, which is more than all ICOs launched before 2018 combined have raised. Switzerland has played one of the main roles in the process, remaining a key global ICO hub.

For support of initial coin offerings and Blockchain in general, the Swiss Financial Market Supervisory Authority (FINMA) has released guidelines for regulating ICOs. They are mostly treated as securities with some exceptions for utility tokens and means of payment.

What Has Crypto Community Already Done in 2018?
Switzerland is an outstanding country in a way how it applies DLT in various industries apart from finances and shows the innovative practical use cases.

First municipal voting with Blockchain
On July 1, the Swiss Crypto Valley has successfully completed the testing of the DLT-based voting system. For the purpose, Zug’s electronic ID system was used, and utilizing DLT, the process was completed without the single server. According to the results, most of the partakers found the system easy and convenient.

University diplomas secured by blockchain
The innovative system was introduced by the University of Basel. By registering certificates on ETH smart contracts, the information will be easily verified and protected from fraud.

Crypto events
As the country has the active crypto community and many developing crypto businesses, it hosts many blockchain conferences, events and shows. The purpose of conducting such meetings is to pay attention to DLT, study and analyse its applications and possibilities. One of the upcoming large crypto events is the Blockchain & Bitcoin Conference Switzerland.

Cargo handling with DLT
Swissport, the provider of aviation services, together with Olam have launched a program for goods transportation. Integrating DLT in the industry, companies are planning to speed up the transactions, improve security and reduce operational costs by eliminating the paperwork.

First Blockchain-based smartphone
The smartphone developer Sirin Labs plans to release a DLT-based mobile phone in November 2018.

The company has already raised $157.8 million for this purpose via ICO. The innovative smartphone called Finney will cost around $1,000 and will combine a crypto wallet, TCS, and DApps store.

Leading other industries
Switzerland is not only a pioneer in many DLT uses but also a leading developer of the technology in other spheres. The country has corporations implementing Blockchain in data storage, supply chains, right protection and insurance sector.

Switzerland Inspiring Other Countries
Switzerland shows a lot of practical uses of Blockchain and innovative technological solutions, encouraging other countries to follow its steps.

South Korea, for example, is going to create a ‘Crypto Beach’ similar to Swiss ‘Crypto Valley’.

The Korea ICT Financial Convergence Association has announced the construction of the Blockchain center at the Haeundae beachfront in Busan.

Doing this, the company’s chairman plans to raise the government’s understanding of DLT and eliminate the current ban on ICOs.

It is not a surprise that Switzerland is considered a crypto paradise, and all the facts confirm its status of the advanced country regarding cryptocurrencies, blockchain and ICOs.


Source:   © Blockchain & Bitcoin Conference Switzerland https://switzerland.bc.events/en/article/switzerland-the-country-which-has-become-cryptocurrency-paradise-91653

What do you mean? Switzerland is a very progressive country and it develops a lot. And the crypto-currency industry is also developing.

Meet the first Speakers of the Blockchain & Bitcoin Conference Switzerland  9 October 2018 | Geneva

https://youtu.be/mMYByRbI2EQ?t=6

On October 9, Geneva will welcome the Blockchain & Bitcoin Conference Switzerland for the second time. The event planned by the international company Smile-Expo will gather professionals in the DLT industry who will focus on the most topical issues of the sphere.

Source https://bit.ly/2QlYWpA

Can blockchain protect historical facts from falsification? Expert opinions

It seems that with the advent of the Internet, historical facts have become more accessible. Indeed, you can find everything on the net: from the Code of Hammurabi to the notes of the First World War soldiers. But how to be sure that the historical data has at least some relation to the original sources, and is not distorted by the subjective opinion of historians?


People have been falsifying history since the Ancient Egypt period
The first examples of falsification of historical facts were recorded in ancient Egypt. One example is the disappearance of information about Akhenaten – the pharaoh who tried to introduce the law on monotheism. After the death of Pharaoh, his reform was declared heresy, and images and sculptures of Akhenaten were destroyed. Only few documents were left that helped to restore the fact and identity of the king.

Since then, methods of falsifying history have become more diverse, but in general they can be boiled down to the two main ones:

direct falsification – destruction of documents and historical research, concealment of information sources, fabrication of facts and forgery of documents.

unilateral falsification – willful interpretation of facts, resulting in building up imaginary relations between these facts.

The first group of methods refers to the falsification of information sources directly. In such historical materials they will be either not indicated at all, or mentioned with a reference to a fictional publication. In this case the invented fact can be also presented as real one. For example, the Iron Maiden, known as the medieval instrument for torture, was invented in the XIX century, when illusionists and fear museums were popular.

The most delicate way of creating fakes is forging of primary sources: “sensational” archaeological discoveries, “previously unknown” chronicles, memoirs, diaries, etc. It is difficult to identify them, because for the refutation of such data, a special examination is required.

One of the known examples of such a falsification is the French scientist Michel Chasles. In 1867-1869 within the Paris Academy of Sciences, Michel presented a whole collection of letters from Galileo, Pascal, Newton and other famous personalities, including letters from Alexander of Macedon to Aristotle and those from Cleopatra to Caesar. Mr. Chasles was pretty sure of their authenticity. But, as a result of detailed examination, these documents turned out to be fakes, which, by the way, were sold to the scientist by the swindler Denis Wren-Luke for a huge sum.

Even scientists sometimes find it difficult to determine the truth and fiction. How can ordinary users make sure that the information is reliable?

How to save history as reliable data?
Modern volumes of world history can no longer be filtered in manual mode. According to AIN.UA, in 2017 Google processed more data per day than it was written in all literary works in all languages until 1991. Having huge amounts of information, it is almost impossible to find the sources, in any case, it is impossible to check what happened a thousand years ago.

But we can keep the modern history in its pure form by recording data in a system that cannot be faked or changed. And blockchain is here to help.

Blockchain is a distributed ledger technology that became known to the general public in 2008. It can be compared to a puzzle: all information in blockchain is divided into blocks, and each new data block is attached to the previous one using complex mathematical algorithms.

One of the main rules of technology is open data. This data can be easily verified, and any changes in information are easily tracked. Users don’t need to guess how reliable the information is – the data recorded in blockchain once, can no longer be faked. But is it possible to save history from the fakes in this way?

Will blockchain protect history from fakes and subjectivity? Opinions of Ukrainian crypto experts
Let us assume that someday blockchain will be used to record historical data. But will the chain of blocks become a new source of data that can be referenced? Will this help the media to become as objective as possible? Can blockchain prevent historical facts from subjective assessment of historians? Who and how will verify the authenticity of the facts recorded in blockchain? How realistic is this for Ukraine? To answer all these questions, Blockchain & Bitcoin Conference Kyiv asked Ukrainian experts in the field of blockchain and cryptocurrency.

Konstantin Yarmolenko, advisor to the Head of the Electronic Governance Agency of Ukraine, believes that recording and storing of historical data using the blockchain technology is a very promising area, but only if the information is approved by certain validating parties.

“Throughout the history of mankind, historical events or key figures have been distorted. That is why we, as humanity, have a very vague understanding of our history. Blockchain allows us to protect accurate historical facts using modern cryptography methods. If historical information is stored in a decentralized way, it will enable future generations to see a true story. The consensus of such blockchain may include a mechanism in which historical facts will be recorded in a block only after general agreement of validating nodes belonging to authoritative historians in different countries”.

Igor Porokh, trader and iTuber analyst, is confident that blockchain will become a new source of data for the media.

“Technologies are moving forward, and soon blockchain will be used everywhere. I think in the beginning one shouldn’t take for truth and refer to all sources recorded in blockchain. But when technologies will be less vulnerable and more decentralized, we will be able to trust the media!”.

Nevertheless, Artem Afyan, Managing Partner at Juscutum, believes that blockchain will not be able to protect historical facts from subjective assessments.

“The whole story is a subjective assessment of historians. People perceive the world through the prism of their emotions and relationships, so facts can be interpreted in different ways. Although many believe that it is the ability to interpret that distinguishes people from computers. Thus, blockchain will only slightly reduce the risks of distortions of facts in the future, but will not protect the information from the subjective perception of those who make the recording today.”

When answering the question of who and how will verify the authenticity of the facts recorded in blockchain, Artem noted:

“Blockchain can create a convenient institution of presumption of rightness. This means that the record is considered true until the opposite is proven. And then it doesn’t matter who exactly and how refutes the record. Of course if we are not talking about technical audit.”

At the same time, Aleksey Mushak, People's Deputy of the Verkhovna Rada of Ukraine, believes that using blockchain for history recording is not such an illusory prospect as it seems at the first glance.

“The more users are involved and interested in blockchain, the better. We have understood this on our own experience, because the State Service of Ukraine for Geodesy, Cartography & Cadastre has already connected to the blockchain system. Cryptocurrency business and blockchain developments are connected, and the more users start to be interested in the crypto community, the more often blockchain will appear in different spheres of our life.”

Blockchain will be useful not only in public institutions. This technology will become a tool for business, medicine, industry and much more. Learn more about the benefits of blockchain at Blockchain & Bitcoin Conference Kyiv, which will be held on September 19 in the Ukrainian capital.   https://kiev.bc.events/en/article/smoget-li-blokcheyn-zashchitit-istoricheskie-fakti-ot-falsifikatsiy-mneniya-ekspertov-92214

I found information about this coin, because I was unfamiliar with her.


History
When in 2011, a former employee of Google's Charlie Lee created Litecoin, his goal was simple - improving Bitcoin. Light became the second fork of BTC (after Namecoin) and quickly broke into the top capitalization. The price of the coin during the first "crypto-currency boom" in autumn-winter 2013 reached $ 50. The subsequent rollback was very serious - by the beginning of 2015 the exchange rate to the dollar had fallen to $ 1.33 per LTC. Return of its peak value of 2013 light was able to 2017 during the second "crypto-currency boom."


 This crypto currency is characterized by a high transaction rate in the blockchain and a minimum operating commission. The difference between Litecoin and Bitcoin is the script used. If in Bitcoin it is SHA-256, then in LTC - Scrypt (or S-crypt). This technical detail is more important for miners. Scrypt is a more complex algorithm. In it, SHA-256 serves as a subroutine. The efficiency of mining depends on RAM (RAM), and not on the productive capacity of BTC.

Blocks in Litecoin are generated faster. On 1 block it takes 2.5 minutes. In the BTC network, the time cost is 4 times more - 10 minutes. LTC processes better and faster a large number of transactions, including the fact that two verifications of users are enough to verify it in the locker. With the adoption of Segwit, the issue of network scaling should be resolved.

Emission from Litecoin is higher - only miners can produce 84,000,000 LTC. It is expected that by 2020, 3/4 of all coins will be mined.

In the long term, lightcoin should become something akin to crypto currency cents. If Bitcoin is well suited for large transactions or as a cumulative asset, LTC is suitable for small transactions: daily purchases, public transport and so on. Such a future of litocoin is seen by its creator Charlie Lee. In 2017, he left the project Coinbase and focuses on the development of its crypto currency. After that, the cost of the light reached its historic maximum.

Litecoin is increasingly developing its own network and introducing innovations. This allowed the Crypto-currency to "wash off" from the status of poor little brother bitcoin for some time. While HTC waves are dispersing around BTC, innovations like Segwit or atomic transaction are quietly introduced into LTC.

The lightcoyne rate does not fluctuate so much in comparison with BTC. Big market capitalization and not such a wide interest of the media and the public, allows the light to behave stably. In addition to 2013-2014, the history of the LTC course is developing smoothly. Hard binding to the price of bitcoin also does not. This makes crypto-silver "a good exchange asset or even an investment tool.

Public leader. If the BTC is an anonymous Satoshi Nakamoto and unknown to the public development team, then the face of the lightcoin is Charlie Lee. He is the first to inform the audience about floods and changes and is actively involved in the life of the LTC community. As the practice of ETH and Vitalik Buterina shows, the presence of such a leader plays an important role for the crypto currency.

Transaction speed. Only 2.5 minutes is spent on creating a new block in the LTC network and for transactions there are only two confirmations. This allows you to conduct many transactions simultaneously and determines the potential of LTC as a payment instrument.

Level of protection. Due to the high transaction speed, the probability of duplicate attacks on the network is reduced. And in the official purse of LTC, each operation is performed with the password entered.

How much can lightcoin cost in the future? A lot of. LTC has its whole history in the shadow of BTC, but because of the network's features (fast transactions, high emissions), lightcode better adapts to innovation. This is its potential. And the exchange rate schedule for years ahead can remind an exhibitor.

Litecoin or lightcoin is a popular crypto currency, one of the first fork of fork. The platform was created in 2011 year. Abbreviated (stock) designation is LTC. In the crypto community, it is often called light.

The creators of LTC position the coin as a crypto-currency silver. The first years after its launch, lightcoin stably held a place in the top 3 by market capitalization. With the advent of ETH and Ripple, the "position" in the top three was lost, although in the top 10 of the crypto currency is stable. Light trades on all the largest online exchanges.

At the moment - the cost of $0.10


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By August 29, 2018, CoinMarketCap points already 1901 digital coins, and they still keep being launched)