VERITASEUM DISCUSSION THREAD

[Steffoboy]

Thailand's KBank to Start Digitizing Contracts With Blockchain by 2018

One of Thailand's largest commercial banks is looking to digitize some of its financial contracts through a new blockchain solution developed with IBM.

Kasikorn Bank, or KBank, revealed today that it wants to move away from paper-based letters of guarantee – which are commonly issued by banks to ensure the delivery of certain types of securities – to a wholly digital format.

The process won't happen overnight, though. According to KBank, the plan involves digitizing 35 percent of the total amount of these contracts it generates by the end of next year. For a sense of the scale, KBank said that it expects to issue as much as $9 billion in letters of guarantee during that time.

Of those, 5 percent will be executed on the blockchain-powered platform, which uses the Hyperledger Fabric software as a basis. And looking ahead, KBank wants to find other partners that would use the platform.

As Pipit Aneaknithi, KBank's president, explained in a statement:

    "Blockchain technology is applied to create highly secure networks of document filing and retrieval. As Thailand's largest issuer of Letters of Guarantee, KBank is working with IBM to implement this innovative technology to further define and articulate our leadership in this market."

The solution was previously tested in conjunction with Thailand's central bank as part of its regulatory "sandbox", or a framework in which new kinds of financial tech can be trialled in a limited setting.

As reported previously, KBank has been working with IBM to develop blockchain solutions for certifying the veracity of documents.

https://www.coindesk.com/thailands-kbank-start-digitizing-contracts-blockchain-2018/

https://hyperledger-fabric.readthedocs.io/en/latest/

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[1715075649]

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[Veribillybob]

I think a massive bullish train is comin, I am already stocked up, time to ride this VERI train to the stars 

Seriously? It's been 140-150 for weeks. I hope you're right

[Dorky]

Wow, VERI is free-falling or what?

[Dorky]

VERI the 2nd worst performer for the past 7 days.

[profitgenerator212]

Wow, VERI is free-falling or what?

It will recover no worries, Reggie is a great guy. After he manages to strike a deal with some big fund, the price should skyrocket afterwards.

[Steffoboy]

Wow, VERI is free-falling or what?

Maybe the hacker i selling his stash again, does anyone know how much he been able to dump on the market? Someone suspected he was using etherdelta as a tumbler, buying from himself, maybe hes out to get rid of those tokens now. i just dont know.

[tintumon]

Wow, VERI is free-falling or what?

I want to see it as an opportunity to buy low. i am sure VERI will bounce back soon, its just a matter of time.

[Steffoboy]

Wow, VERI is free-falling or what?

I want to see it as an opportunity to buy low. i am sure VERI will bounce back soon, its just a matter of time.

Yes probable its like that, bitcoin has topped and seems unstable and might fall, several other big market caps have fallen 10% or more also, there is big icos coming up and ongoing, so people maybe dont have the stash to fill up on the dips.

[hangthebanksters]

Buy in the dips and sell on the highs. Wealth producing strategy for all cryptos. Volatility is our friend...

[pockets1989]

I was waiting for weeks to enter the VERI market.   Missed the ICO but loaded up what I could afford at these prices which I think are ok. Could go  lower who knows?  All I know is the upside of this project is too great not to  have some VERI.   

[azmojo]

Buy in the dips and sell on the highs. Wealth producing strategy for all cryptos. Volatility is our friend...

It's so easy, everyone should do it!

EDIT:
Press release from Jamaican stock exchange: http://www.jamstockex.com/jamaica-stock-exchange-jse-blockchain-technology/

The Jamaica Stock Exchange (JSE)  has advised that it is exploring the Blockchain Technology. To facilitate the exploration process, the JSE has entered into a non-binding Memorandum of Understanding with Veritaseum Limited Liability Corporation.

NOTE: That's the complete PR, no need to visit link.

[PokerStein1]

We are at the times all good coins go high as crazy it is very upset to not buy from deep prices. But look at veritaseum it still gives us good chance to buy more and more from lower prices.

[profitgenerator212]

We are at the times all good coins go high as crazy it is very upset to not buy from deep prices. But look at veritaseum it still gives us good chance to buy more and more from lower prices.

I am buying as much as I can, I have like 3-4 top ETH tokens that I want to go all in, VERI is one of them it is an awesome idea, and awesome project.

It can really achieve a remarkable status in the world. VERI will be very well known in a few months.

[Steffoboy]

We are at the times all good coins go high as crazy it is very upset to not buy from deep prices. But look at veritaseum it still gives us good chance to buy more and more from lower prices.

I am buying as much as I can, I have like 3-4 top ETH tokens that I want to go all in, VERI is one of them it is an awesome idea, and awesome project.

It can really achieve a remarkable status in the world. VERI will be very well known in a few months.

Yep the only thing to fear is fear itself, if you bought it in the first place, the fundamentals have not changed, well they have. for the better.

[ngin-x]

We are at the times all good coins go high as crazy it is very upset to not buy from deep prices. But look at veritaseum it still gives us good chance to buy more and more from lower prices.

I am buying as much as I can, I have like 3-4 top ETH tokens that I want to go all in, VERI is one of them it is an awesome idea, and awesome project.

It can really achieve a remarkable status in the world. VERI will be very well known in a few months.

Do you even know why you are buying this scamcoin or you are buying because some bozo told you so?

[Steffoboy]

We are at the times all good coins go high as crazy it is very upset to not buy from deep prices. But look at veritaseum it still gives us good chance to buy more and more from lower prices.

I am buying as much as I can, I have like 3-4 top ETH tokens that I want to go all in, VERI is one of them it is an awesome idea, and awesome project.

It can really achieve a remarkable status in the world. VERI will be very well known in a few months.

Do you even know why you are buying this scamcoin or you are buying because some bozo told you so?

Dude this is the best since sliced bread, i buy all i can too.

[profitgenerator212]

We are at the times all good coins go high as crazy it is very upset to not buy from deep prices. But look at veritaseum it still gives us good chance to buy more and more from lower prices.

I am buying as much as I can, I have like 3-4 top ETH tokens that I want to go all in, VERI is one of them it is an awesome idea, and awesome project.

It can really achieve a remarkable status in the world. VERI will be very well known in a few months.

Do you even know why you are buying this scamcoin or you are buying because some bozo told you so?

Fuck off troll, this is not a "scamcoin" this is the token that unlocks the future of financial innovation worldwide. It can create massive disruption in the financial system, positive ones, while also enriching early adopters. That is why I am buying it.

[emidab]

We are at the times all good coins go high as crazy it is very upset to not buy from deep prices. But look at veritaseum it still gives us good chance to buy more and more from lower prices.

I am buying as much as I can, I have like 3-4 top ETH tokens that I want to go all in, VERI is one of them it is an awesome idea, and awesome project.

It can really achieve a remarkable status in the world. VERI will be very well known in a few months.

Do you even know why you are buying this scamcoin or you are buying because some bozo told you so?

Fuck off troll, this is not a "scamcoin" this is the token that unlocks the future of financial innovation worldwide. It can create massive disruption in the financial system, positive ones, while also enriching early adopters. That is why I am buying it.

Don't bother yourself. How you can take seriously somebody who is investing in Music coin or fuck coins? Just look at guy's posts... And he is talking about Veri? Joke

[profitgenerator212]

We are at the times all good coins go high as crazy it is very upset to not buy from deep prices. But look at veritaseum it still gives us good chance to buy more and more from lower prices.

I am buying as much as I can, I have like 3-4 top ETH tokens that I want to go all in, VERI is one of them it is an awesome idea, and awesome project.

It can really achieve a remarkable status in the world. VERI will be very well known in a few months.

Do you even know why you are buying this scamcoin or you are buying because some bozo told you so?

Fuck off troll, this is not a "scamcoin" this is the token that unlocks the future of financial innovation worldwide. It can create massive disruption in the financial system, positive ones, while also enriching early adopters. That is why I am buying it.

Don't bother yourself. How you can take seriously somebody who is investing in Music coin or fuck coins? Just look at guy's posts... And he is talking about Veri? Joke

I hate trolls, I have like 30 trolls on my ignore list all trying to spread FUD amongst various successful altcoin projects.

They are scumbags that try to intentionally bring down the price so they can buy more at cheaper levels.

[profitgenerator212]

What the fuck is this?

https://www.reddit.com/r/EtherDelta/comments/6sroxx/hey_zack_reggie_suggested_i_contact_you/

Is this some kind of troll, it definitely looks like a troll post. What is the meaning of this?