AML/CTF risk and compliance platform Coinfirm, China-based blockchain giant NEO and blockchain venture platform QRC collaborate to address an industry-wide regulatory roadblock and to build a compliant blockchain economy. https://themerkle.com/blockchain-leaders-coinfirm-neo-and-qrc-partner-to-build-smart-economy-ecosystem/LONDON, 15 December 2017 – Regtech leader Coinfirm announced today it has partnered with the blockchain platform NEO and the specialist venture platform QRC to nurture a compliant blockchain ‘smart economy’, with a particular focus in Asia. The collaboration launched this week when Coinfirm CEO and Co-Founder Pawel Kuskowski and QRC CEO Adam Vaziri joined the NEO team at NEO’s blockchain competition kick off event in Tokyo. The three entities, who share a common interest in fostering compliance, will join forces in a program that will help spur development on the NEO blockchain — a pillar in the Chinese blockchain community. The sudden ICO ban by the Chinese government earlier this year had a big impact on the blockchain industry and threw the spotlight onto regulation. Now, Coinfirm, NEO and QRC have teamed up to address the enduring insufficiency in blockchain regulation. Tackling this long-standing roadblock could open up the entire blockchain ecosystem to the mass market, and support the trend for ICO’s. NEO is a non-profit community-based blockchain project that utilizes blockchain technology and digital identity to digitize assets, to automate their management using smart contracts and to realize a “smart economy” with a distributed network. QRC is a regtech specialist venture platform with a presence in the UK, Hong Kong, Japan, China, Vietnam and Malaysia. The company provides a ‘one-stop-shop’ for blockchain projects with the capability to handle design, build and deploy regtech tokens, as well as oversee the legal aspects. “The blockchain community is all about collaboration and it is a delight to join forces with two entities who share with us the vision and capacity to embed compliance in the industry,” Kuskowski said. “Launching this initiative in Asia has been particularly gratifying because of the vibrant engagement in a region that is crucial for the success of blockchain.” Coinfirm has built its presence in the sphere through innovative solutions and partnerships with major players from both the crypto and traditional financial sectors for almost two years, including virtual currency leaders Dash and RSK (Rootstock), and international asset management funds such as SEI. QRC and Coinfirm have had an ongoing relationship and recently QRC also became an exclusive partner for Coinfirm’s AMLT token in Japan. The token of compliance, AMLT is currently in the beginning of its Token Sale and is designed to bring new levels of transparency and democratization to the financial system by actively involving market participants in risk determination. AMLT Token will help fuel transactions on the Coinfirm platform, enabling risk management and creating a network for safe and transparent value exchange. Through their respective commitments the three groups help set the foundation for a new standard of safety and compliance that encourages the wider participation in global markets. This will both increase the efficiency of transactions and also improve trust for new and existing members in those markets. |
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What Is Project Zephyr? BITSPARK’S REMITTANCE NETWORK EVOLUTION Bitspark is launching Project Zephyr to eliminate banks from the remittance industry by rolling out 180+ fiat pegged cryptocurrencies via the Bitshares Blockchain and making Bitspark’s Money Transfer Operators a decentralised cash in, cash out network worldwide. Zephyr Tokens will be used to reward those who economically benefit Bitspark’s remittance network and 25% of fees from successful transactions will be used to buy back tokens from the Zephyr market..... https://zephyr.bitspark.io/The Team LEARN MORE ABOUT US Bitspark incorporated in Hong Kong since April 2014. Its team produced a cash in, cash out blockchain remittance platform which facilitated an end to end transfer from Hong Kong to the Philippines using Bitcoin as the mode of transfer - the first of its kind. The company is backed by The Cyberport, a Hong Kong government initiative and has joined acceleration programs such as Accenture Fintech Innovation Labs and SixThirty. Since then it has expanded to seven markets predominantly in Asia and Africa with over 500+ cash out locations ranging from banks, pawn shops, convenience stores and post offices. Bitspark most recent release was Sendy, a mobile money app which enabled users to top up with Bitspark agents to send remittances via their mobile using the bitcoin network and without any techknowledge necessary! |
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Ink, the first IP project in the Qtum Chain, received the largest investment in sovereign funds in the world by thisthingismud https://www.reddit.com/r/Qtum/comments/7jz41s/ink_the_first_ip_project_in_the_qtum_chain/Ink, the first IP project in the Qtum, received the largest investment in sovereign funds in the world In recent years, the rise of digital assets, the block chain industry continues to rise, more and more traditional giants began to embrace this area. Russia is a big country of digital assets, crypto-currency regulation will be introduced soon, related industries will also spurt growth. In this environment, Gazfond and Alor, the pension funds under Gazprom's giant energy group Gazfond and Alor, turned their attention to blockchain and financial technology. The first investment was Ink. Gazprom is currently the world's largest natural gas company with a government-owned pension fund Gazfond. Alor Invest is an investment company founded in 1993 that specializes in investment banking for small and medium-sized businesses. Alor has been awarded the Russian Financial Elite Award for several times since 2005 and currently has more than 12 M & A projects, 15 financial advisory projects and 15 debt capital markets projects, including the Russian government's first round of consumer loan securitization A national project. Gazfond and Alor joined forces to form the largest pension fund in the world by way of merger and assume responsibility for the pension fund business of the Russian government. The fund scale is expected to reach 200 billion U.S. dollars in 2020. Why does a pension giant like Alor love Ink? Ink is a blockchain solution based on the global cultural industry. It provides Sovereign Alliance Chain for a specific cultural circle, builds a cultural asset trading platform based on Qtum, and realizes the value and information in both the public chain and the affiliate chain through the Ink cross-link interactive protocol The flow between the construction of a new global creative industry ecology. In recent years, the cultural industry has increasingly highlighted its role as a pillar. However, there are many problems and difficulties in terms of copyright protection, the realization of cultural assets and credibility. Ink core functions include blockchain IP rights, cultural assets trading platform, etc., can provide a complete set of cultural and creative industries to decentralized content solutions, through the user, consumer, asset and circulation of the four elements, set up a global cultural industry economy Ecological, solve the shortcomings of the cultural industry. |
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Crypto Watch: TRON (TRX) Price Surges Over 500% In A Week, Outperforming BTC, LTC, And ETH https://www.forbes.com/sites/jessedamiani/2017/12/14/crypto-watch-tron-trx-price-surges-over-500-in-a-week-outperforming-btc-ltc-and-eth/#453a9bc93350You've seen the big moves made in Bitcoin (BTC), Litecoin (LTC), and Ripple (XRP), but TRONIX (TRX) has grown faster than any of them this week. It's been a wild ride for the cryptocurrency world the past couple weeks. Bitcoin cracked $10K, then flew past it to $15K, sustaining over $16K after the launch of bitcoin futures trading on Cboe. Litecoin grew 333 percent in just five days starting at the end of last week. Ripple surged 84 percent in a day, and has grown another 56 percent since the time of that writing. But one cryptocurrency has grown faster than all of them: Tronix (TRX), the coin of the TRON network. What is TRON? TRON aims to "heal the Internet" by constructing a worldwide free content entertainment system on the blockchain. The protocol allows users to freely publish, store and own data, enabling them to own the rights to their content and decide when, how, and at what cost to share it. Sun wants to position TRON as a new kind of "distributed economy" in digital entertainment—including anything from streaming video to online gambling to social networks—where the users themselves own the economy. TRONIX is the cryptocurrency that runs on TRON. An important note here is that, in service of that distributed economy, TRON also supports other cryptocurrencies. According to CoinMarketCap, TRX was trading at $0.003916 last Thursday night (around 7:45pm PST). This morning, less than a week later, TRX broke $0.02 at $0.020064—marking a weekly growth of 512 percent. The price is currently $0.01937. |
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eToro to Assist CoinDash in Building Crypto Trading Products https://coinjournal.net/etoro-assist-coindash-building-crypto-trading-products/eToro, a European social trading and multi-asset brokerage company, will assist CoinDash in the development and implementation of new crypto trading and portfolio management products. eToro is CoinDash’s largest investor. The company, which offers a social trading platform and counts seven million registered users, is known for being a cryptocurrency supporter, having added bitcoin trading in early 2014 as well as ether, ethereum classic, litecoin, dash, ripple and bitcoin cash later on. eToro founder and CEO Yoni Assia, has joined CoinDash’s advisory board and will advise CoinDash on a range of aspects of product development as the startup expands its offerings and customer base. CoinDash is building a blockchain-based platform that combines portfolio management and social trading functionalities. The platform will include a copy-trade feature, similarly to what eToro is already offering on its own platform. Assia, a cryptocurrency enthusiast, is notably known by co-writing the Colored Coins whitepaper with Ethereum creator Vitalik Buterin back in 2013. With now thousands of new cryptocurrencies and crypto-tokens in the market, Assia said the CoinDash team is looking to provide investors with tools to help them better analyze their investments and navigate the rapidly evolving space. “Until this point, investors in cryptocurrencies have mostly been members of a niche community,” Assia said. “The learning curve is steep and the market moves quickly.” “I’ve been honored to serve as a mentor to CoinDash and its team since its inception. As CoinDash continues to grow and evolve as a business, I look forward to guiding the team as they provide much-needed tools for cryptocurrency investors.”........... |
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Tencent led the artificial intelligence project ObEN announced QTUM will build blockchain laboratory by thisthingismud https://www.reddit.com/r/Qtum/comments/7jz6xx/tencent_led_the_artificial_intelligence_project/Tencent led the artificial intelligence project ObEN announced QTUM will build blockchain laboratory Recently, ObEN, a leader in the Personalized Artificial Intelligence (PAI) in the United States, announced that it will jointly build a blockchain laboratory with QTUM. ObEN just completed a round of financing of about $ 14 million A by Tencent, SoftBank, and Yamazaku in June 2017. A year ago, he started to study the application of blockchain technology to make PAI, and became the artificial intelligence common blockchain PAI Innovation partners in the chain. Oben and Project PAI think the two hottest IP tech- nologies and blockchains in the tech world are a whole. PAI chain contains three modules, authentication layer, intelligent network layer and data layer. Its core module is an intelligent network, which applies blockchain computing power to artificial intelligence parallel computing, reducing the cost of artificial intelligence computing, improving efficiency and turning computing power into productivity and more valuable. The PAI chain was co-sponsored by Adam Zheng, ObEN co-founder of Personal AI (PAI) leader. ObEN itself will provide PAI chain a lot of artificial intelligence computing tasks. ObEN for example, builds an artificial intelligence image of the user through personal images and audio uploaded by the user on the PAI chain. The artificial intelligence computations required to generate an AI image are assigned to PAI chain miners via smart contracts on the PAI chain. The miners use the power to complete the task of artificial intelligence tasks like Bitcoin mining process. "The data on the blockchain needs to be learned and refined.If the application on the blockchain does not have an artificial intelligence algorithm to process and execute, it needs a large number of platform companies and middlemen to do it, so it can not achieve decentralization The same time, artificial intelligence requires a large amount of data to be able to progress. The two are a fusion of the whole, the blockchain is the underlying structure, artificial intelligence is integrated in the underlying structure of the neural network.The blockchain allows users to trust themselves Of the artificial intelligence, the user is willing to contribute data, data fed artificial intelligence, artificial intelligence to give users a variety of artificial intelligence skills for the user services. Therefore, PAI chain and blockchain is not the same.PAI chain is based on the assets Blockchain.Everyone's data is his own assets, the PAI trained by the data is also his own assets.PAI more, the more artificial intelligence PAI, the higher the PAI chain assets, the higher the value. " Adam Zheng The technical development of the PAI chain is led by Alex Waters. Since 2010, Alex has been involved in the development of Nakamoto's Bitcoin core source code, Bitcoin Core, and is a core member of the Bitcoin blockchain original algorithm. He also founded Coin.co, a Bitcoin payment company, and Coin Validation, a Bitcoin due diligence company |
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Qlink ICO - quite an interesting idea by Dakro2017 Qlink is building the world's first decentralized mobile network. The existing telecom industry is slow, rigid and ripe for disruption. Through the integration of blockchain, users can contribute to the network by registering and sharing their telecom assets such as mobile data cap or SMS, essentially becoming virtual service providers themselves. This will also give users the freedom to purchase services in a much more flexible way. For example, I could use Qlink tokens to buy mobile data when traveling abroad instead of incurring roaming costs, or content providers could use Qlink tokens to push their media to their intended audience without incurring mobile data consumption for their customers. (my next-door neighbor could be my internet provider, or content providers could purchase mobile data direct from data distributors.) Qlink users will also be able to purchase data from traditional service providers through the platform, creating more options for users to customize flexible packages. Qlink is launching its own BaseStation that will contribute to Wi-Fi and 4G coverage, meaning the network will have a decentralized infrastructure. This is a small device that's no bigger than a regular Wi-Fi router and will cost around $150. The BaseStation is a solution to a whole range of problems. Firstly, it will allow the users to bring coverage to remote regions or areas prone to black spots. Secondly, it can help handle a load of mobile traffic in high population areas. Have you ever found it hard to get reception at a concert? Event organizers could bring in a few BaseStations to create more signal. Thirdly, it provides an alternative option to the traditional method of capital expenditure on infrastructure that would otherwise be required to roll out coverage to new areas. Think about developing countries. Instead of spending a billion dollars on new infrastructure, we could simply deploy Qlink BaseStations and create coverage in a faster and more cost-effective way. Large organizations could register their corporate content to be distributed so that their employees, consultants, and partners all over the world would be able to receive it without incurring mobile costs, which is huge for global companies supporting a "bring your own device" model for mobiles. It's important to note that the Qlink BaseStation can both supplement existing networks as well as create new coverage, so the Qlink concept on a whole is not dependent on the BaseStations being deployed but rather enhanced by it. In addition, Qlink has signed an agreement with Chinese electric vehicle manufacturer, Cenntro Auto, to integrate the Qlink BaseStation into their cars. This will allow Cenntro Auto to provide V2X services for the burgeoning internet of vehicles. Every car will be registered on the NEO blockchain as a telecom asset and will use Qlink for mobile data billing, making it a perfect IoT solution. Production will begin after the BaseStation is complete in Q4 2018, meaning QLC tokens are already set up to have real utility. As an added kicker, the BaseStation also has mining capability. So, when it is not being used for its data signal, it will mine the Qlink chain to process transactions, contributing to the security of the network and earning QLC tokens for the owner. The Wi-Fi sharing market is huge. The biggest Wi-Fi sharing company in China has a $5 billion valuation alone. One problem is that Wi-Fi connections are insecure. If you Google "How do I steal a Wi-Fi password", you'll find plenty of information that will help you do just that. Qlink, on the other hand, can use the blockchain to authenticate a Wi-Fi connection and authorize the P2P distribution of a password direct to the users’ device. This is inherently more secure than current methods of Wi-Fi sharing. In addition, it's expensive to set up and manage Wi-Fi on an enterprise level, so businesses who provide public Wi-Fi hotspots will look to offset costs with advertising. Qlink will also allow the sharer to set up smart contracts, meaning they can be rewarded for sharing their connection in QLC tokens through billing, donations, or by participating in content distribution. Speaking of content distribution, Qlink's content distribution platform enables never before possible use cases. By accurately being able to track and record when content is accessed, Qlink can bill data usage not only to the user accessing the content, as is the traditional method, but it is also possible to bill the data to a third party. This means content providers like video streaming services, online education platforms, and perhaps even cloud storage providers could sponsor the cost of data required to access their content and take that burden off the users. This technology also allows content owners to reward users for viewing content. QLC bounties can be set and distributed to users who consume sponsored content. Potential use cases could be a movie studio incentivizing viewing of a trailer for an upcoming movie, or a new TV series incentivizing people to watch the first episode to get them hooked. The content distribution platform benefits all parties in the ecosystem. Content distributors have a new channel to distribute and promote content, users can access content for no cost of data, or even be rewarded for viewing content, and data providers have a new revenue stream as they'll be able to sell data directly to the content providers. Qlink will also enable a QLC to fiat clearance gateway to make it easier for traditional service providers to participate and sell data on the network. Qlink's team already have plenty of experience building mobile network technology. Chief architect, Allen Li, is a former Huawei software engineer and multiple patent owner. He also founded a company called Youyou Mobile which builds Wi-Fi devices that allow travelers to have data access all over the world. Another member of the development team, Chris Zhao, is a senior 3GPP protocol engineer who built Youyou Mobile's virtual sim from the ground up. Qlink also has many respected advisors including, Shuhuang Xie, co-founder of Alibaba Group, and Mock Pak Lum, who is the former CTO of StarHub, the second biggest telco in Singapore. • ICO Token sales: Strategic: 10k ETH is locked up for 1 month with 30% bonus. Pre-sale 30k ETH has no lockup with 10% bonus. Crowd sale: roughly 10k ETH is sold with no lockup and no bonus. The Strategic partners have a lockup of 1 month, but will most likely be long holders as they are actively helping/connected with the project Also, their bonus is not that steep, considering they have had to pay far in advance. Most of you probably know by now that 'Whales' tend to be long-term investors. Nonetheless, this is worth mentioning/taken as a concern as a dump from them could take out momentum. On the other hand, the 'whales' really don't have that much of an advantage, as it’s just a 10% bonus and they have also had to pay much earlier. Their total cap is at approximately 15M, which is quite cheap. The Qlink tokens are NEP-5, meaning they are on the NEO chain and can be paid for with NEO. They have chosen for the NEO chain due to the high TPS and their strong connections with Onchain (Company behind NEO) https://www.reddit.com/r/CryptoCurrency/comments/7jxt7g/qlink_ico_quite_an_interesting_idea/ |
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Monero Planning To Release BulletProofs In March 2018 https://blockchaind.net/monero-planning-release-bulletproofs-march-2018/What are BulletProofs? Adam back first proposed confidential transactions in 2013 as a way of bringing private transactions to the bitcoin network but the transactions were consuming 16 times the space of the normal transactions. Due to the bulky size of the transactions, the proposal was dismissed. A new paper was proposed recently by Benedikt Bunz, Jonathan Bootle and Andrew Poelstra which reduced the size of the transactions to 3 times instead of 16 times which makes the proposal much more attractive now. Still bitcoin has a lot of scaling issues that needs to addressed first and it is still far away from being implemented on bitcoin. This is where Monero is taking advantage of this opportunity and has already implemented bulletproofs on its testnet. Benefits of BulletProofs for Monero Monero currently uses rangeproofs to ensure that all commitments made in the transactions is within a specific range without revealing the particular amount involved. But rangeproofs scale linearly in size and make the bulk of the transactions. Also if there are multiple outputs in the transaction, they need separate range proofs which increases the size further more.Using bulletproofs, the size of the transactions only increases logarithmically with increase in the size of the range and the number of outputs. Currently if someone sends a transactions with single input and two outputs, the size of the transactions is around 13.2kb. Using bulletproofs, this size is reduced to just 2.5kb which is around 80% improvement. The size improvement is further more in multiple output transactions. Also, the testing found out that validating bulletproof transactions is much more speedier than rangeproof transactions. BulletProof Release Timeline According the Fluffypony’s recent talk with Jimmy song, the code for bulletproofs has already been merged into the master branch and anyone can compile and run it on testnet. They are planning on releasing the testnet in a week and if everything goes right, we will have bulletproofs in the upcoming monero hard fork in march next year. Conclusion Bulletproofs is an amazing development for both monero and bitcoin community and it will help both the chains in the long run. Let us know how you feel about this amazing upgrade for the monero community. |
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Neo ICO Template A Template for NEP5 Compliant Tokens on the NEO platform https://github.com/neonexchange/neo-ico-templateMoonlight https://neonewstoday.com/development/moonlight/Introducing Moonlight A new project called Moonlight, founded by members of City of Zion, was unveiled by lllwvlvwlll at the NEO @ Cambridge event on December 13th, 2017. Moonlight is currently being developed by lllwvlvwlll, afong, totalvamp, birmas and yenct15, and is a decentralized workforce platform for the blockchain ecosystem. The initial phase of the project will focus on recruitment of resources, and aims to smooth the process of identifying and onboarding talent with verified skills. Moonlight will initially concentrate on three issues, with the first being access to critical resources. It is currently very difficult to find resources for projects within the blockchain space. People who frequent the NEO #develop channel will have seen that users often come looking for talent of a particular skill. Once a resource is found, they become unavailable to other projects, further decreasing the amount of talent available on the market. Whilst this can be healthy in a competitive marketplace, the Moonlight team are of the opinion that open knowledge and resource sharing is the most beneficial strategy for building the blockchain ecosystem. The second issue is effective staffing on projects, to which the solution also resolves the first issue. Moonlight will feature a trustless mechanic to guarantee the skillset and experience of potential contributors in concert with a match making search function. To illustrate how this works, a project owner creates Task A, and tags three skills - X, Y and Z. Through the match making search feature, a contributor is selected. When the task is finished a record of completing a task requiring skills X, Y and Z is recorded to the contributor's profile. This becomes verified upon the project owner acknowledging the task as complete. As records of a user's public contributions are immutable on the platform, this becomes a trustless method of verifying talent and experience. This also addresses the third issue, which is difficulty in establishing confidence in project teams. One huge problem in the blockchain space is determining whether a project is a scam or if the team has the experience to deliver promised functionality. Users will often resort to hunting down LinkedIn profiles which can be faked or exaggerated. Through Moonlight, investors will be able to assess project teams and probability of success without worrying about the reliability of the information. All skills will be verifiable on the public ledger. Moonlight will feature a token, however tokenization and distribution mechanics have not been finalized. There are also further dimensions to Moonlight that will be revealed closer to the white paper release in 2018. To keep up to date with the project you can sign up to the mailing list at moonlight.io. |
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Blockchain Leaders Coinfirm, NEO and QRC Partner to Build Smart Economy Ecosystem AML/CTF risk and compliance platform Coinfirm, China-based blockchain giant NEO and blockchain venture platform QRC collaborate to address an industry-wide regulatory roadblock and to build a compliant blockchain economy. LONDON, 13 December 2017 - Regtech leader Coinfirm announced today it has partnered with the blockchain platform NEO and the specialist venture platform QRC to nurture a compliant blockchain ‘smart economy’, with a particular focus in Asia. The collaboration launched this week when Coinfirm CEO and Co-Founder Pawel Kuskowski and QRC CEO Adam Vaziri joined the NEO team at NEO’s blockchain competition kick off event in Tokyo. The three entities, who share a common interest in fostering compliance, will join forces in a program that will help spur development on the NEO blockchain -- a pillar in the Chinese blockchain community. The sudden ICO ban by the Chinese government earlier this year had a big impact on the blockchain industry and threw the spotlight onto regulation. Now, Coinfirm, NEO and QRC have teamed up to address the enduring insufficiency in blockchain regulation. Tackling this long-standing roadblock could open up the entire blockchain ecosystem to the mass market, and support the trend for ICO’s. NEO is a non-profit community-based blockchain project that utilizes blockchain technology and digital identity to digitize assets, to automate their management using smart contracts and to realize a "smart economy" with a distributed network. QRC is a regtech specialist venture platform with a presence in the UK, Hong Kong, Japan, China, Vietnam and Malaysia. The company provides a ‘one-stop-shop’ for blockchain projects with the capability to handle design, build and deploy regtech tokens, as well as oversee the legal aspects. “The blockchain community is all about collaboration and it is a delight to join forces with two entities who share with us the vision and capacity to embed compliance in the industry,” Kuskowski said. “Launching this initiative in Asia has been particularly gratifying because of the vibrant engagement in a region that is crucial for the success of blockchain"..... https://coinidol.com/coinfirm-neo-and-qrc-partner-to-build-smart-economy-ecosystem/ |
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