great article, I am a fan of AI I believe there is more to AI that just cleaning bot or killer bot it can be a force for positive change if it is created and used positively. I’ve seen some crazy studies they did for modern ai in diagnosing cancer vs doctors and is really astonishing how far ai has come in a relatively short time I think we will start seeing varying levele of ai popping up especially in medical That sounds interesting, I may have to have a Google and see if I can find any of these studies. I certainly wouldn't like to solely rely on AI for such important diagnoses though, although as a tool to help, that'd be awesome. I think it's great the UK is accepting AI technology and running trials on implementing it in our hospitals. You can see all the benefits listed in the article above. We have free healthcare in the UK and because of this the whole system is strained, it can take hours to be seen by a doctor or GP. The report in the article says that AI Technology & Robotics will "free up £12.5B worth of resources annually, easing the burden on the system" this would be incredible. This is of course a very impressive number. Especially in the healthcare sector, where money is always in short supply. And for me, not only the money is crucial, because the relief through AI and robots can be invested much more time in the personal care I like your thinking, a lot of people on here are worried about the consequences of replacing human carers with robots and how this might scare older people or be a strange prospect due to the lack of a personal touch. But I think they can use the funds saved by AI & robots and employ carers to work with the robots to offer ultimate care to the poorly. |
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I’m interested to see adoption for this take off it’s a unique concept I think the biggest challenge won’t even be from the project but from the negative view people have of crypto lending people stupidly associate anything with lending to be whatever those old bcc and other coins that weren’t actually lending coins
Meanwhile Lendsbay is trying to be real p2p lending which is such a good field that really should be able to grow and expand I’d imagine a lot of people I’ll be interested from both the lending and lender side of things
Yeah, it's a good point. I tried out some crypto lending platforms a few years back and they were rubbish, so many scammers and people defaulting on loans and simply creating new accounts. Will be interesting to see Lendsbay combay this. I am curious about something.. How does one track down someone who doesn't wants to pay back loan or interest. Does the system automatically combat this? According to their whitepaper, they have tools in place to handle such, i believe a court order will be issued for the capture of such individual if he/ she refuses to pay, besides, the tools that helps analyze the risk of such individual will be put in place, like the saying goes, prevention is better than cure, so once you get to know that the risk level of the individual is high, you don't try to go further I have one doubt, money lending rules are different in every country. How people from different countries can participate in this type of money lending services? It's an important question, I flicked through the white paper earlier today and it only mentioned how Lendsbay will work on passing regulations in line with the lending legal structures in Russia & the UK. Will they be operating in other countries? |
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tomorrow is the 30.6. and thus the start in romania and bulgaria. and the golf tournament will take place tomorrow (if someone from Bulgaria is reading here)
I'm not sure if the Energy Exchange will start tomorrow, that would be a great surprise
Hope they move into the UK, Bittwatt has so much potential for expansion. In the UK there is a problem with lack of competition in the energy markets. Bittwatt could help solve this problem and encourange lower pricing for customers. |
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From what i've seen Bittwatt has held it's own in the market lately! I believe it's due to the strong foundations it set.
It's been quite volatile, hard to decide which way it's heading at the moment. I wouldn't want to be a trader in these current market conditions. |
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I've looked at the MVP again, thought there might be an update. But apparently there is none. For this I have discovered how easy it is to add new products to the blockchain, just fill out this form: http://hyperledger.vanig.io:3000/productlisting/add-product.htmlPrice is again only in Vanig, I'm curious if ever a price will be given in Fiat? Vanig team should provide Fiat option as well. Not everyone will use crypto currencies for buying products. im pretty sure that they said that it'll only ever be available in Vanig tokens at the start, which is what will bring in the constant demand for the tokens in the long run. That is a very smart move i think Vanig team has also thought about that and that is why they decided to start wit Vanig Tokens, but can we expect fiat payment in the future? I am not sure how will they tackle to volatility of the token since usually supplier need a stable currency to be able to trade. For example the supplier is selling a dress for 100 Vanig tokens that say equates to $100. The cost of the dress (cloth, sewing..etc) is say $80. the supplier sells and 10 days later someone pays the 100 Vanig tokens and now the 100 Vanig tokens equate to $70 due to some drop or bear effect on the market. The supplier is at loss now. That's why I think they should introduce another token, and run a two token approach. Token 1 can be used for purchases on the platform, and it will be pegged to a value in local fiat currency. Token 2 will be the ones that are currently being sold in the ICO, their purpose will be a store of wealth that can be traded and used on exchanges. Investors could convert Token 2 to Token 1 to use on the platform at a reduced discount compared to buying in with fiat. I know it complicates matters, but it's true what Ibininja said, the markets fluctuating could put a traditional business in debt if the markets were bearish for a long period of time. |
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great article, I am a fan of AI I believe there is more to AI that just cleaning bot or killer bot it can be a force for positive change if it is created and used positively. I’ve seen some crazy studies they did for modern ai in diagnosing cancer vs doctors and is really astonishing how far ai has come in a relatively short time I think we will start seeing varying levele of ai popping up especially in medical That sounds interesting, I may have to have a Google and see if I can find any of these studies. I certainly wouldn't like to solely rely on AI for such important diagnoses though, although as a tool to help, that'd be awesome. I think it's great the UK is accepting AI technology and running trials on implementing it in our hospitals. You can see all the benefits listed in the article above. We have free healthcare in the UK and because of this the whole system is strained, it can take hours to be seen by a doctor or GP. The report in the article says that AI Technology & Robotics will "free up £12.5B worth of resources annually, easing the burden on the system" this would be incredible. |
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This isn't just a P2P lending platform, P2P is normally between two random people.
Lendsbay are targeting individuals that lend money to their family and friends. Normally when you lend some money to a friend it's a casual act, you hand them the money and they owe you it back at some point.
What we don't think about is there are people that lend thousands to their family members and friends, by adding Lendsbay into the equation it makes the whole process more secure and ensures that the lender (parent/friend/relative) gets their loan back by the end of a specified time period.
There is quite a big market for this, but I just wonder if it makes the whole process too formal!? For example if your borrowed some money from your mum/dad will they really be that bothered about chasing you up for the money? And are they going to download an app and go through the whole sign up/KYC process to lend you the cash?
I see both sides of the argument, it's got a lot of potential, excited to see how the project performs in the future.
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There are a lot of block chain projects in the field of Internet of things. IoT-Chain has a good prospect in this industry. Buying the coin at the bargain price is a good strategy.
Well right now it is at an all time low, this is definitely the right time to buy $ITC. I can't believe it has actually fallen to lower than $0.50. I thought getting it for $1.00 was a bargain! Ultimately this period is very engaging of one's emotions a lot of marketing instability but it presents a unique opportunity - buy opportunity Agree. Fortunately market also down and ITC also approx 0.50$. It was big fall happened in market. I guess this is time to invest and hold your ITC. HODL is the surest thing to do right now with the market falling tokens will be cheap it is wise to watch because am hoping soon there is gonna a rise in the market I ma adding more tokens. Even if it goes down below 0.50 I will keep adding. I believe ITC tokens worth more than current price. I think I will get multiple times returns. I have the same strategy :-) I will soon have some ETH at my disposal. If ITC falls below $ 0.5 again, then I will invest again and then I wait 2-3 years :-) It’s a good technique, I personally think HODLing is overlooked sometimes, too many people try and do too much during a bear market. ITC tokens will be very valuable in the future it’s worth buying now whilst it’s cheap and putting it on your hardware wallet and leaving it to one side. |
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I have been looking at the roadmap this morning and it looks like Lendsbay will get a lot done in July. Firstly they will be releasing the beta app for Android/iOS. Then they will develop the legal component and establish the ratings and pricing a mechanism.
It’s a lot to get done, but if they do it all next month then they will be off to a flying start. I have seen a lot of other projects that are trying to do something similar with bringing credit risk to the Blockchain, but these guys look like the real deal, they are putting a lot of emphasis on the legal side of the business and on the underwriting.
It’s a very regulated business and I’m glad to see Lendsbay are taking this seriously with the legal work they are doing. Also the founder/COO Andrey Cheremkhin is a legal professional that has worked in the industry for over 10 years, he will be invaluable to the teams everyday operations.
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Guy's I just visited to their token sale page and I found information below: https://aim.aimedis.comDue to the delay of the start of the presale and the request from our community we extend the presale period for another 2 weeks. Ouch, what caused the delay I want to believe they have everything in order it is really important that they pull this off. I for one want them to succeed I don't think it's too negative - another 2 weeks of presale isn't the end of the world, hopefully raise some more funds in order to kickstart the project Extension of pre-sales is not negative. I really think project like Aimedis should receive required fund to start and complete what they planned to do. ok, only 2 weeks, that's ok. i don't like extensions, but they started late, so it is only justified if they extend it is just the pre-sale, good to give the big investors more time It gives Aimedis some more time to prepare for their main sale. I still think they should have done more advertising as I have barely seen this project mentioned anywhere. Need to step up the marketing. |
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It’s amazing how much BWT’s token value has increased this week especially with BTC & ETH still falling. It’s good to see some bullish movements in these markets.
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I just looked at the chart on the CMC. Bitwatt price decisively rises. I wonder what is the main reason to it.
It is a good project with good future prospects. And they start this week in Romania and Bulgaria. and of course, there is a trading competition on coss.io, that probably drives the price, too Yeah I guess, the price has fallen a bit again. I don't know what is going on with these markets, every time I see a bullish candle on my charts the prices goes completely the different way. Haven't opened a trade for at least two weeks. |
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I was reading the whitepaper I learnt Aimedis do more than connect patient and care provider, they go as far as to compare prices and get the best deal for the patient, making it easier than ever to find the care needed.
Yea, i once stated such earlier, which to me is very much commendable, its herculean seeking for proper medical attention in a reputable hospital or health facility with cheaper rates, when i first saw that, it got me, it seems like the total health package and which is quite unique from the usual ICOs in the health niche, so i believe that is one of the edge they got They want to provide a high level of service for their users and for their patients. It really shows how genuine the Aimedis team is, they want to be profitable and ethical, I have a lot of respect for that. |
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Even the best tokens have rough starts, COSS is a good exchange. They helped with the Bittwatt ICO and ran the BWT trading competition on their exchange. This is something a lot of other exchanges do not do.
What we need to see is Bittwatt securing more partnerships with energy companies and to let them develop and release the Bittwatt energy exchange. This is when investors will hopefully start to see returns as the demand will increase.
I agree with you, Coss was a good choice as the first Exchange. As you can see, they have a lot of trading volume, so BWT was very fast listed on CMC. And the prices are rising again at the moment, I was really lucky that I bought so many tokens last week i don't see any issues with Coss to be honest. It got Bittwatt listed on CoinMarketCap, and it's been multiple days of over $100,000 in 24 hour volume, if people don't like Coss, they can buy BWT directly from the beta exchange platform, so there's multiple options still! Markets are stagnant at the moment as investors are waiting for whales and institutions to take charge and buy back into Bitcoin and Ethereum. When the bull markets return we will start to see projects like Bittwatt grow in value. |
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Only 5 days and 10 hours are remains to get MVP live. What do you think guys about the ICO growth after MVP became live? I mean Bitfence will raise more ETH from investors?
It's actually crazy that there is only 5 days of the token sale left, I have been following the Bitfence project for a long time and I'm really looking forward to seeing how much they have raised. I think after the World Blockchain Forum speech they will have raised the majority of their funding. |
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I read in the telegram channel that they expect interest rates of 10% - 15%. That would be very good for lenders, of course. Fortunately, I do not borrow anything, but can lend, the rates would be too high for me :-)
Wow those are some nice figures. I've tried the whole P2P lending stuff before on websites online and it went horrible. If this turns out well I might give it a go again. So far I have not had any good experiences too. But Lendsbay seems to want to do a lot different and above all better. I'll wait for the beta, and then make a decision Lendsbay offers the option to lend money to your friends and acquaintances. Does this mean we get to set the interest rate or is it always to be charged at LendsBay's chosen interest rate? |
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ITC is a long term project and there is reason to worry about the price. When the mainnet is ready and people see the advantages of IoTChain, they will buy ITC.
Exactly, I look forward to the mainnet release, hopefully will attract alot more people with the full release and see some real attention I am looking at correction in crypto market as a opportunity. In last 1 year or so I missed some good project/ tokens and now I am able to buy these tokens now at good price. yes, I had the problem too. I missed some good coins in 2017. and also the ICO of ITC. But now I can catch up a lot and buy ITC as cheap as I'll probably never again Lol.. I am scared of this market that i don't bother checking prices, the volatility is too much and we just have to hope that the market improves instead of worsen. Haha me too, I used to check my Blockfolio app hourly, especially when we were in the bull market, now I can barely bring myself to open it. |
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Any more news on the 4NEW CEO investment? Is this still going through, I haven't seen any updates or further details about the Vanig token sale since then. Would be good to see how they are getting on.
4NEW wants to invest in Vanig? I have not heard of it yet. I do not see any connections, what interest can 4New have in Vanig? Or do they want to sell their electricity to Vanig? "wants to," I thought the CEO has already invested $1M, I read it on their telegram announcement channel sometime ago, it reads something like "the founder of 4New has invested $1 million" am going to check again to confirm. Yeah I just wanted to find out if it had finalised or not. Massive investment from another crypto project which should hopefully give the Vanig team a lot more confidence moving forward. |
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Good morning fellows. I expect this project will be success and can be arrived the hard cap of Token Sales!
Very much possible. LendsBay beta version for testing will be available shortly. That mean they will be having working product. When the beta version of the app is available in july and they have a working product, the sales figures will explode. I am also expecting that, when beta version of the app is available, many people would start buying LendsBay tokens. It will make the Lendsbay service more accessible for a lot more people. I am looking forward to seeing the beta, and like someone previously mentioned as soon as a project gets a working product on the market the investments will really start to fly in. The beauty of a working product does well, many people don't like to invest in something without any proof of whats going on behind the scenes. It will massively improve the fund raising A lot of crypto investing is like stepping into the unknown. If a project has a working product or at least a realistic MVP, then this takes away a lot of risk for investors. They can look at the product and work out there and then, whether they want to invest or not. |
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Does anyone know when a video of the Bitfence keynote speech/pitch from the World Blockchain Forum will be made available? This would be useful for other investors to see as it will help explain the project a bit more thoroughly.
I am interested in the same. I hope the team can make something happen. They have their medium page here https://blog.usejournal.com/bitfence-world-blockchain-forum-new-york-2018-7fa64b7f5186 it has some photos of the event. Thanks for sharing, I haven't actually seen this article before. The only problem is that it doesn't really cover the full details, it's more of a quick re-cap. They announced the video on Twitter the other day but they are still yet to release it, hopefully we will see it soon. I asked in their Telegram and i got answered "They are currently editing/processing video content" and they said they expect it to be ready Mon-Tue, i would say we just need to have patience now it should be out soon. Thanks Nesh, that sounds encouraging. I’m looking forward to seeing it. I want to see if we can gauge the crowds reaction and whether they bought into Bitfence’s idea. |
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