Bitcoin Forum
August 19, 2024, 04:41:31 PM *
News: Latest Bitcoin Core release: 27.1 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 »
1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WELCOME TO THE FUTURE OF FINTECH DAPPS BUILT ON WORBLI on: November 20, 2018, 02:41:44 AM
Welcome: WORBLI’s Head of Blockchain Governance, Todor Karaivanov!


Governance is one of the most critical aspects of an organization, particularly in the blockchain industry where complexities around compliance arise. Just like the EOS mainnet, governance will play a major role within WORBLI. Our governance principles are quite different to mainnet, despite the WORBLI network being a sister chain to EOS.

Todor Karaivanov is a video game creator and an EOS governance expert and has joined WORBLI with the challenging task of overseeing all governance matters and decisions. Having spent the majority of 2018 contributing to the EOS Worker Proposal System on governance, he is a key member of this community and has been a driving force in many discussions and decisions within EOS. Todor then saw the potential and challenge with WORBLI and didn’t hesitate to join us as Head of Blockchain Governance.

Todor was very impressed with our block producers and the prospect of managing certain aspects of their operations, saying “WORBLI has been blessed with an extraordinary set of block producers that want to work with us. The best of the best block producers on the main EOS network have decided that WORBLI has a promising future, and chosen to join us. I have long believed that setting the expectations is usually more important than settings the rules. Actually having this amazing group means more to the network than any of the governance decisions we may decide to take in the future.”

Todor will have the important role of overseeing the transition of WORBLI from a centralized body run by an internal foundation to a decentralized entity where the community will be able to make decisions regarding the organization. This is taking place over the coming 2 years.
Todor continued, “ I have been brought in to coordinate the process of decentralization that WORBLI will be going through over the next two years. For those of you who know me, I may often come off as pretty opinionated. I hold strong opinions, but I am also able to change them based on feedback and evidence. I plan to offer many ideas, support them with factual analysis, and ask for feedback and criticism”

With Todor’s passion and knowledge around governance, we know WORBLI is in safe hands with his judgment and advice. He has already been a key part of many critical decisions and it’s safe to say that there will be plenty more where those came from!
Here is an interview Todor did this week about WORBLI’s blockchain governance, KYC, and dispute resolution.

https://youtu.be/Blpqd3UVblM
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WELCOME TO THE FUTURE OF FINTECH DAPPS BUILT ON WORBLI on: November 19, 2018, 03:07:00 AM
Hello everyone.  We wanted to follow up with a few of our most recent interviews for everyone to stay informed.  We are also currently having a token sale on Chainrift.com and the details are below


With our network up and running and our user account not far away, we’ve experienced quite a large increase in demand for our WBI tokens! Developers and members of our community are keen to get their hands on our token so that they can jump right in and begin using and building on our fully operational blockchain with over 30 block producers! The WBI token is a true utility token, representing and needed to access the resources within the WORBLI ecosystem.

In order to cater to this demand and to celebrate our launch and achievements this far, we have decided to hold a token sale with the help of one of our block producers, ChainRift EOS. Via their ChainRift exchange, this sale will occur over a period of a few days, where we plan on offering 70 million of our native WBI utility tokens.

When did the sale start?

The sale started on the 15th of November, 9pm US east coast time, with individuals who submitted our “register your interest” form being granted a slightly earlier access.

Where will the sale be held?

The sale is being held on the ChainRift exchange. You can register and sign up by visiting this link:

https://www.chainrift.com/?R=UEQAo

What will the sale involve?

You will need to register and log in to your ChainRift exchange account in order to access the sale. You will be able to see the current price of the WBI tokens and purchase them at this level. You will also be able to store your tokens within ChainRift exchange platform and you’ll be able to withdraw these into your personal WORBLI user account when we launch this feature on the 28th of November.

This is a fantastic opportunity to jump right in and grab yourself some WBI utility tokens to be used on our incredible network. We hope you are just as excited as us, so save the date and don’t miss out!

If you have any questions regarding the sale (or anything else for that matter), don’t hesitate to ask us in our telegram channel.

https://t.me/worblicommunity

If you have any questions about ChainRift, you can visit their support page by clicking on the following link.

https://chainrift.zendesk.com/hc/en-us


Here are a few recent interviews we want to share with you

Domenic interviews with Dallas Rushing

https://www.youtube.com/watch?v=6AlEiEC-u1Y

Interview with Todor WORBLI's Director of Blockchain Governance

https://youtu.be/Blpqd3UVblM

Sam interviews with Happy Money Man

https://youtu.be/EeWQlRMfBA4


On our YouTube channels we will be doing interviews with the team and our various advisers so please feel free to drop into YouTube and give us a subscribe here https://www.youtube.com/channel/UCzJHGK-1utdhj623VYHSprA

In this interview with Yves we talk about the role of WORBLI in the EOS ecosystem.

Find the interview here https://youtu.be/h0ArBf6yzxw

We will keep bringing you the latest updates.  Feel free to reach out and ask us any questions you may have on telegram here https://t.me/worblicommunity

Links to WORBLI resources:


❇️ Website: www.worbli.io
❇️ Twitter: www.twitter.com/WORBLI
❇️ Steemit: www.steemit.com/@worbli
❇️ Medium: www.medium.com/@worbli
❇️ Facebook: www.facebook.com/worbli
❇️ Reddit: www.reddit.com/r/worbli
❇️ Telegram News: www.t.me/worblinews
❇️ LinkedIn: www.linkedin.com/company/worbli
❇️ Instagram www.instagram.com/worbli.io
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WELCOME TO THE FUTURE OF FINTECH DAPPS BUILT ON WORBLI on: November 12, 2018, 05:00:10 AM

Hello everyone.  We saw a few people asking for updates so we wanted to post another interview with one of our block producers Yves La Rose From EOS Nation.  Things are really heating up as we move towards the launch of our sharedrop portal on the 21st of November.  We really hope you will all stay tuned for that and join us as people come to claim their Worbli tokens.  If you do not have any EOS in the sharedrop we will be announcing a way that you can still procure some soon enough.  We really appreciate our community here in Bitcoin Talk and encourage you to join us on telegram where you can talk to our developers and team members.  We actually hit 3000 members today which we are quite excited about.

On our YouTube channels we will be doing interviews with the team and our various advisers so please feel free to drop into YouTube and give us a subscribe here https://www.youtube.com/channel/UCzJHGK-1utdhj623VYHSprA

In this interview with Yves we talk about the role of WORBLI in the EOS ecosystem.

Find the interview here https://youtu.be/h0ArBf6yzxw

We will keep bringing you the latest updates.  Feel free to reach out and ask us any questions you may have on telegram here https://t.me/worblicommunity

Links to WORBLI resources:


❇️ Website: www.worbli.io
❇️ Twitter: www.twitter.com/WORBLI
❇️ Steemit: www.steemit.com/@worbli
❇️ Medium: www.medium.com/@worbli
❇️ Facebook: www.facebook.com/worbli
❇️ Reddit: www.reddit.com/r/worbli
❇️ Telegram News: www.t.me/worblinews
❇️ LinkedIn: www.linkedin.com/company/worbli
❇️ Instagram www.instagram.com/worbli.io
 
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WELCOME TO THE FUTURE OF FINTECH DAPPS BUILT ON WORBLI on: November 06, 2018, 07:47:50 PM
[

Hello everyone!  we appreciate all the kind words and support for Worbli.  We are doing our best to keep our Bitcointalk community updated as much as possible and will be sharing links here as all of the announcements come in.  Today we wanted to share an interview with Justin Fondriest otherwise known as "Fuzzy."

On our YouTube channels we will be doing interviews with the team and our various advisors so please feel free to drop into youtube and give us a subscribe here https://www.youtube.com/channel/UCzJHGK-1utdhj623VYHSprA

In this interview with fuzzy we speak about the possibilites of WORBLI, finance, the future, and an insured wallet.

Find the interview here https://youtu.be/n8oCgI110rQ

We will keep bringing you the latest updates.  Feel free to reach out and ask us any questions you may have on telegram here https://t.me/worblicommunity

Links to WORBLI resources:

❇️ Youtube: https://youtu.be/QKAPbJbOdnUW
❇️ Website: www.worbli.io
❇️ Twitter: www.twitter.com/WORBLI
❇️ Steemit: www.steemit.com/@worbli
❇️ Medium: www.medium.com/@worbli
❇️ Facebook: www.facebook.com/worbli
❇️ Reddit: www.reddit.com/r/worbli
❇️ Telegram News: www.t.me/worblinews
❇️ LinkedIn: www.linkedin.com/company/worbli
❇️ Instagram -www.instagram.com/worbli.io
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WELCOME TO THE FUTURE OF FINTECH DAPPS BUILT ON WORBLI on: November 05, 2018, 04:36:35 AM
Hello everyone,

If any of you missed the previous post we did do an update.  The chain is now live and we have pushed back our portal launch until the 21st.  We wanted to take a few minutes to show you that WORBLI has been featured in some of the media lately and thank you all for your support.  Again, if you want to join the conversation and speak to some of the Founders and Dev's please us on Telegram here https://t.me/worblicommunity

WORBLI on Forbes

https://www.forbes.com/sites/lukefitzpatrick/2018/11/04/the-driving-force-behind-eos-is-community-qa-with-eos-leaders-from-america-and-europe-to-asia/#29e4b2877906

WORBLI on Hacked

https://hacked.com/the-2-hottest-eos-projects/

We look forward to launching the portal and having you all there along with us.

Links to WORBLI resources:

❇️ Youtube: https://youtu.be/QKAPbJbOdnUW
❇️ Website: www.worbli.io
❇️ Twitter: www.twitter.com/WORBLI
❇️ Steemit: www.steemit.com/@worbli
❇️ Medium: www.medium.com/@worbli
❇️ Facebook: www.facebook.com/worbli
❇️ Reddit: www.reddit.com/r/worbli
❇️ Telegram News: www.t.me/worblinews
❇️ LinkedIn: www.linkedin.com/company/worbli
❇️ Instagram - www.instagram.com/worbli.io
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WELCOME TO THE FUTURE OF FINTECH DAPPS BUILT ON WORBLI on: November 03, 2018, 06:03:57 PM
I was really and truly always amazed to this project and to the whole project team as they keep on bring up this kind of good and positive updates. I have a high hopes that the team will keep it up ang bring a huge impact to the whole community fr the better experience of each and everyone of us.
Exactly. To make the project better, I hope they can do such a strategy to make more audiences that can bring up the project into a whole new update as the result.

Audience and community is now the most important for such projects. Since there is very little money in this market, small projects can only move up at the expense of a great team and an active community. I hope they will succeed as it should. Very interesting project for the implementation.

Thank you, we appreciate your kind words and support.
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WELCOME TO THE FUTURE OF FINTECH DAPPS BUILT ON WORBLI on: November 03, 2018, 06:02:22 PM
As my analysis with WORBLI made me stable as seen there was new changes with their website with more updated information, would like to proceed with my participation but how do i create an account with worbli and how many tokens can i get in the Share drop?

The sharedrop was based on your EOS Holdings at the time of the Snapshot on Sept. 7th.  If you had eos at that time, you have Worbli, but our portal is delayed until the 25th to claim.  Please see the information in our last post for more details.
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WELCOME TO THE FUTURE OF FINTECH DAPPS BUILT ON WORBLI on: November 03, 2018, 04:39:33 AM

WORBLI IS LIVE + Portal Update

WORBLI are immensely proud to report that the WORBLI BLOCKCHAIN is now LIVE, thanks to our 21 block producers and 11 reserve block producers!
Now that our blockchain is live, this means developers can commence building the next generation of applications on WORBLI for the world to benefit from.

We’re delighted that our BPs have enabled WORBLI to come to life. A mention must go out to Cafe Block & HKEOS who have created WORBLI’s first block explorer:




As most of you would be well aware, this space moves at an incredibly rapid pace in terms of development of the chain base code, and the many features being built on top of it. As a result we’ve been adding additional features and functions to the WORBLI code base right up until very recently.

While we had planned to launch our portal so users could register accounts shortly after the blockchain went live, we place security of your assets above all else, and some of these additions meant our previous security audits needed to be revisited to ensure they were still valid. With that in mind, we’re partnering with a penetration testing firm who will seek out and rectify every possible vulnerability before we launch the portal.

Of course, we would have preferred the blockchain and the portal to have launched together as originally planned, but the additions we made were too good not to include on launch, and it would have been irresponsible of us to allow public access to the chain before we could be certain your funds would not be at risk.

Here are the newest updates for the Portal Launch, Sharedrop Event and Wallet Support:

21st November, 2018 (12:00 GMT)
Portal Launch + Sharedrop Event:
-Users will be able to create and verify their WORBLI account (AML/KYC integration will be in place).
-Once users have verified their WORBLI account, they’ll be able to claim their WBI Sharedrop.
-Sharedrop recipients who create their WORBLI account between 21st-30th November 2018 will receive a 10% bonus on their sharedrop, up to a maximum of 10,000 WBI per user.

28th November, 2018 (12:00 GMT)
Wallet Support + Any Updates:
-Users will have wallet support for their WBI tokens.
-Other updates and features to the portal will be deployed.
-Send & Receive your WBI tokens.

WORBLI’s team are working round the clock to ensure everything is perfect for the above listed dates. If we can launch early, we will.

We’d like to thank our amazing group of Block Producers for their tireless work in launching WORBLI’s main chain; and our community for your continued support as we bring WORBLI to life.

Stay tuned at www.https://t.me/worblicommunity for exclusive updates.

Yours Sincerely,

Domenic Thomas
WORBLI CEO

To learn more about WORBLI, visit www.worbli.io

Join the discussion in our Telegram channels:

❇️ @WORBLICommunity ]
❇️ @WORBLINews [url]https://t.me/worblinews]]https://t.me/worblinews]]
❇️ @WORBLINews [url]https://t.me/worblinews]

9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WELCOME TO THE FUTURE OF FINTECH DAPPS BUILT ON WORBLI on: November 02, 2018, 06:38:27 PM
Just a quick update this morning

Yesterday the chain was launched with great success by our fantastic block producers and is up and running smoothly.  The portal is going to be delayed a little bit to do some additional penetration testing as we added some last minute features.  The launch was a great success, we just want to ensure the portal is equally successful.  The portal to claim tokens will be going live on the 21st of this month and we are preparing an official release which we will be sharing here a little today.

If you want to learn more please join us on our telegram at https://t.me/worblicommunity

Stay tuned for more updates later today and thank you for being a part of the WORBLI community.
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WELCOME TO THE FUTURE OF FINTECH DAPPS BUILT ON WORBLI on: November 02, 2018, 02:43:13 AM
1-Billion tokens for airdrop isnt that too much of circulation of token what will happen to undistributed supply Are we to expect any sort of token burning along the way after ico?

If you look at our tokenomics it shouldn't alarm you. Oh and we aren't having an ICO which is a plus to any project.  Wink

11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WELCOME TO THE FUTURE OF FINTECH DAPPS BUILT ON WORBLI on: November 02, 2018, 02:17:24 AM
Hey crypto community,

WORBLI knows you just can't get enough so I have one more podcast for you to listen to.

EOS Dublin's Jillian interviews Domenic Thomas from Worbli about their business, vision, and the use of blockchain to solve real world problems.

"Businesses will launch a whole suite of various financial services and tools... FX platorms, crypto-fiat gateways, investment banks, digital asset trading platforms, deposits, debit cards, insurance platorms...'''

Get the rest here.

Take care!
12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WELCOME TO THE FUTURE OF FINTECH DAPPS BUILT ON WORBLI on: November 02, 2018, 01:28:21 AM
For all of you who are new here I would like to present a short video.

This is a very informative interview with WORBLI's CEO Domenic Thomas from a couple of weeks back on how dapps and users interact with KYC. Be sure to watch it!

dappcast Episode 11: Worbli

 Cool
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WELCOME TO THE FUTURE OF FINTECH DAPPS BUILT ON WORBLI on: November 02, 2018, 01:15:27 AM
Superior infrastructure feature mainly allows me understand the worbli dedicated initiative on their management in all levels of hierarchy and the pre-test run for the apps allows a perfect launch with no issues.

This is why we chose to go with a Blockchain 3.0 solution, the EOSIO architecture. It's fast, scalable, and transactions are free.

Take care.
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WELCOME TO THE FUTURE OF FINTECH DAPPS BUILT ON WORBLI on: November 02, 2018, 01:12:06 AM
If they try to adjust advertizing independently, means they make a huge mistake because hardly they will manage to make it most qualitatively. It is far better to employ the professional expert.
Hiring the professional expert of advertisement is the best way to plan the strategy on choosing when to advertise and when to pause the advertisement.

Yes, it would be better if they're going to handover those plan to their respective responsibility which has the capability to handle that kind of tasks. It's a good idea if they are going to promote their platform in such away they will have more investors.
Here many users speak about good responsiveness of team through telegram or social networks, but what sense in it? Most important it to be engaged in development of the platform.

Hey that's a great point you make there! We are very careful to allocate our resources accordingly. While some of us may be on Telegram, the dev team is quietly working in the background developing the platform.  Wink
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WELCOME TO THE FUTURE OF FINTECH DAPPS BUILT ON WORBLI on: November 02, 2018, 01:09:27 AM
Worbli isn't the most compelling name in the world for a project that sets out to change the world Smiley

Hey there guy,

The name WORBLI comes from The "World Blockchain Initiative", but we don't mention it until someone asks!

Take care!  Grin
16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WELCOME TO THE FUTURE OF FINTECH DAPPS BUILT ON WORBLI on: October 31, 2018, 02:26:36 AM


WORBLI Launch Update…

We hope you are all as excited as we are to take part in Blockchain’s Financial District!
With the whirlwind of success that our project has received in the past few months, we want to provide our users with nothing but the best experience possible!

We are staying true to our motto of providing a fully compliant chain from the start, by taking a few more days to test the portal thoroughly to ensure a seamless on-boarding for all WORBLI users.

This means that WORBLI users will be able to verify their accounts and claim their Sharedrop on November 8th.
Why has the Sharedrop date slightly changed?

Security is of utmost importance to our chain. We want to protect users, and their information, to ensure that WORBLI is compliant.
At present, we’re currently conducting final testing of our portal, whilst finalizing the integration of our identity verification solution.

What Takes Place on Launch Date?

WORBLI launches tomorrow, on November 1st, 2018. Our Block Producers will be producing blocks and our block explorer will be up and running, as well as all of our custom code.

This includes our Sharedrop chain code, system resource modifications (RAM), and governance modifications which will be open-sourced to the public.

What to expect on launch?

You will be able to register for your off-chain WORBLI account on November 1st — and you will be able to claim your airdrop after November 8th, 2018.

In your WORBLI account you will be able to:

-Setup your user profile and verify your email.
-Review all FAQs and support documents.
-Check your snapshot balance so you know how many WORBLI tokens to expect when you claim your Sharedrop.
-Learn more about WORBLI and the team behind it.
-Monitor the live network and Block Producers.
-See dApps as they’re deployed to the network.

November 8th — Claim your Sharedrop!

After November 8th you’ll be able to create a verified WORBLI account or verify your existing account.
Upon account verification, you will have a fully verified on-chain WORBLI account.

This account gives you access to the dApps on our network and of course the WORBLI Sharedrop.

The Exciting Part — a 10% Sharedrop Bonus!

For your patience, dedication, and support we have some exiting news to share.

From the September 7th snapshot, we are offering a 10% WORBLI Sharedrop bonus for all EOS Holders who created a WORBLI account between November 1st–7th.

This is only available for EOS Token Holders from the Snapshot we took on 7th September 2018. WORBLI users must register before 8th November. And, there is a maximum of 10,000 bonus WBI tokens per person.

i.e. if a user had 1000 EOS at the time of the Sharedrop, this user will get 1000 WBI. If this user created a WORBLI account on the 5th November 2018, this user will get an additional 100 WBI as a bonus!

Final Remarks:

We have many dApps in the pipeline that are on track to launch before the end of the year. These include Utility X and a Charity Payments app. There’s more to come on these soon!

We are also working on wallet integrations and various payment gateways to buy WBI tokens directly with a variety of currencies.

WORBLI will not be trading on exchanges until later this year —and for any other news and updates, join us on Telegram.

Additionally, please review our most recent article about WORBLI’s upcoming Sharedrop or to peruse our FAQs.

There is so much to look forward to and we couldn’t be happier with our progress.

Yours Sincerely


Domenic Thomas
CEO, WORBLI

To learn more about WORBLI, visit www.worbli.io
Join the discussion in our Telegram channels:
❇️ @WORBLICommunity https://t.me/worblicommunity
❇️ @WORBLINews https://t.me/worbli
17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WELCOME TO THE FUTURE OF FINTECH DAPPS BUILT ON WORBLI on: October 30, 2018, 08:10:21 PM
Hey everyone!


If you have not read our short paper (concise version of our WP) you can have a quick read at :

https://www.worbli.io/wp-content/uploads/2018/09/worbli-short-paper.pdf

Take care.
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WELCOME TO THE FUTURE OF FINTECH DAPPS BUILT ON WORBLI on: October 30, 2018, 08:07:57 PM
The team has been working well on the project since from the beginning.  As per the time passes the project has gained its popularity. So these are strong singles towards the ICO, which will go to become successful soon.
.

One great thing about WORBLI is that we are privately funded. WE WILL NOT HAVE AN ICO.

Take care.
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WELCOME TO THE FUTURE OF FINTECH DAPPS BUILT ON WORBLI on: October 30, 2018, 08:06:43 PM
Here many users speak about good responsiveness of team through telegram or social networks, but what sense in it? Most important it to be engaged in development of the platform.
Quite a great users, huh? I think with the team through the whole social media in order to gain an audience. I hope they could give the project more efforts by promoting in the social media.
Social media is one way to introduce and market the project . The team needs to have promotions to capture the interest of many, but here in projects threads the team can also have prospects investors because some investors roomed round to check good project in the market.

Hey Jedie,

WORBLI is already on most social networks and we have one of the most solid marketing agencies out there if not the best.

Here a some places you could find us:



❇️ Website: www.worbli.io
❇️ Twitter: www.twitter.com/WORBLI
❇️ Steemit: www.steemit.com/@worbli
❇️ Medium: www.medium.com/@worbli
❇️ Facebook: www.facebook.com/worbli
❇️ Reddit: www.reddit.com/r/worbli
❇️ Telegram group: https://t.me/worblicommunity
❇️ Telegram News: https://t.me/worblinews
❇️ LinkedIn: www.linkedin.com/company/worbli
❇️ Instagram - www.instagram.com/worbli.io

Hope that helps clear some of the questions being asked here.
20  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WELCOME TO THE FUTURE OF FINTECH DAPPS BUILT ON WORBLI on: October 29, 2018, 08:06:52 AM
How these blockchains are re-writing the rules on old money


From peer-to-peer trading, to cutting out intermediary fees, blockchain technology has up-ended the rules on finance. Mitchell Mahaffey looks at the projects leading the revolution

The financial services industry is going through the biggest technological shift in its history. Developers and enterprises are using blockchain technology to improve on slow and archaic systems that have hampered the banking sector for decades. Here are some of the most innovative and disruptive projects being developed today.

Ripple

Ripple’s strength is in its global financial transactions network. It boasts extremely fast transaction speeds and near-instant, traceable payments. The Ripple infrastructure is targeting large banks and institutions who require a system to transfer wealth across borders and continents.

Current alternatives like Swift can take days to transfers funds between banks or overseas. This is simply too slow and costly for banks and individuals. By contrast, transferring wealth on the Ripple network can take seconds and cost almost nothing.

Individuals are able to utilise the Ripple network to send funds from their bank to overseas entities in an extremely efficient process, whilst remaining fully KYC and AML verified. But this does come at a cost to decentralization. Ripple achieves its speed and efficiency by having a small amount of private nodes. A large amount of the Ripple’s total supply is held in a private wallet. As a result, the network has come in for some criticism for being too centralized.

Stellar

The Stellar network is a code fork of the Ripple blockchain. It has a similar infrastructure with high transaction speeds and low costs. The Stellar network is focused on cross-border digital payments, like Ripple. Stellar sets itself apart by having a greater focus on micro-payments and providing unbanked populations with access to financial services.

Using Stellar Core, an open source distributed payment network, developers can easily build tools for applications like mobile wallets and payment systems. Stellar has made significant progress in acquiring large corporations to utilise their technology, including IBM and Deloitte. Also like Ripple, Stellar has sacrificed decentralization for speed and affordability. There is no mining and no incentives for participants on the network.

WORBLI

WORBLI is creating an all-inclusive financial services network, where individual users can buy, sell and store digital assets, whilst having access to many of the financial dApps (distributed applications) and services that are developed on the network.

The infrastructure has been designed with enterprise in mind, allowing for business features that cannot be found elsewhere. These features include a KYC/AML verified network of block producers and users; stable RAM and utility costs on the network; and merchant services to reduce the digital asset volatility. WORBLI uses EOSIO software and is a code fork of the EOS Mainnet .

By being an EOS friendly fork, WORBLI can optimize its compliant chain for enterprise. With the prospect of more regulation down the road, this is essential. To do this, WORBLI has sacrificed some decentralization but not to the same extent as others. With a delegated-proof-of-stake protocol, its block producers are voted in by its community.

Fusion

Fusion is providing a distributed financial infrastructure that can facilitate efficient financial dApps and cross-chain activity. By doing this, Fusion seeks to solve bottlenecks that occur when applications interact with other digital assets. The Fusion network allows blockchains to be more connected, improving efficiency. Using smart contract triggers, developers and financial institutions can deploy advanced applications on the network. User information is kept secure with a protocol that splits private keys, ensuring no entity has access to a full private key. Fusion is still early in development, but it will be exciting to see this project in action once it comes to fruition.

All of these projects use distributed ledger technology in slightly different and ingenious ways to solve a variety of problems facing finance today. In such a broad industry, there is room for many more different applications and approaches, including those above. As innovation progresses, billions of people stand to benefit from faster, efficient and fairer system of finance.

Please join us on telegram at https://t.me/worblicommunity

Pages: [1] 2 3 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!