Zilliqa: A scalable blockchain platform with througput of thousands of TX/s

[anjam_2018]

I believe in the Zillqa project and the team.
Zilliqa please make us rich in 2020
I want to retire early and enjoy life with my family

[1714811390]

1714811390

[1714811390]

1714811390

[Mrpumperitis]

 

https://www.mas.gov.sg/-/media/MAS/ProjectUbin/Project-Ubin--SGD-on-Distributed-Ledger.pdf

Project Ubin's objective was to
evaluate the implications of a
tokenized SGD on a distributed    <---XSGD  
ledger with potential benefits to
Singapore’s financial ecosystem.

• In Phase 1, the project leveraged
on the MAS MEPS+ system to
enable real-time fund transfers
to issue funds on a DLT. Project
Ubin’s next phases will explore
improvements in domestic
and cross-border securities
transactions

Project Ubin will be implemented
in phases, starting with a DLT for
domestic payments. Subsequent
phases will explore cross-border
payments in a single currency,
settling different currencies and
culminate with risk free cross
currency securities settlements.


Smart Contracts & Oracles           <---------------- https://cryptobriefing.com/zilliqa-integrates-chainlink-oracles/  
virtual agreements.
encoded on the DLT that can be
automatically reconciled based on logical
conditions.
Enables the secure automation of
complex, logical agreements and
the business processes using data
gathered by Oracles


https://www.mas.gov.sg/schemes-and-initiatives/Project-Ubin




https://www.imda.gov.sg/programme-listing/blockchain-challenge
Catalysing Non-Financial Applications of Blockchain (Mar 2018)

In early 2018, there was a relatively vibrant ecosystem in Singapore exploring the use of blockchain in various applications in the financial sector. However, comparatively, the application of blockchain in other sectors was relatively nascent. The 1st Blockchain Challenge sought to enable companies to develop pioneering solutions using blockchain beyond financial applications.

Results

The selected projects are:

Cargo Community Network Pte Ltd: Air Cargo Billing, Costing and Reconciliation on Blockchain
Distributed Ledger Technologies (DLT) Pte Ltd: Business Blockchain Apps for Extended Supply Chain
GroupM Singapore Pte Ltd: GroupM Zilliqa Programmatic Ad Blockchain Alliance
LegalFAB Private Limited: Blockchain-Enabled Authentication for the Legal Industry
Tradebchain Pte Ltd: GENIE: Enabling Supplier Financing
VeriTAG Pte Ltd: Food Safety on Blockchain
Vuulr Pte Ltd: Transforming the Monetisation of TV & Film Rights using the Blockchain

+

Results

The selected projects are:

ConsenSys Pte Ltd: Singapore Experience
Aqilliz Pte Ltd in partnership with MyRepublic Limited: MyRewards


Growing and Connecting Blockchain Business Networks (Nov 2019)

 

[magisterr]

^ You never know...
Zilliqa is one of the best Blockchain techs in the world today...and the ONLY one that has a Monetary Policy maker MAS that has approved a 1-1 regulated Stablecoin.

This MAS is covering a lot of scammers and even helps them! For example MAS is working with PolicyPal and Val Yap and gave them a lisence while this scammers raised  21 mln usd and gone away with investors money. And this MAS dont want to do nothing with this !
MAS is not a SEC (which works on investors interest and punish scammers!)
Dont trust MAS! They help scammers!

Interesting..you prob know more about this than me but from what i can see..
 Is MAS working with Policypal?
 No, The Policypal management team tout Policypal Singapore as the first graduate of the fintech sandbox of the Monetary Authority of Singapore (MAS),
     They claim to have MAS connections but really have a MAS Sandbox Graduate. Looks like they got the license then scammed.

https://archive.is/7OuUv
https://www.straitstimes.com/business/companies-markets/insurance-start-up-policypal-graduates-from-mas-fintech-regulatory


Yes you are right MAS is not SEC, its bigger, lets see what each are....

MAS is a Money Authority , The Monetary Authority of Singapore is Singapore's central bank and financial regulatory authority. It administers the various statutes pertaining to money, banking, insurance, securities and the financial sector in general, as well as currency issuance.
unlike many other central banks such as Federal Reserve System or Bank of England,
WHAT IS MONETARY POLICY?
The way a country controls the supply of money to consumers and businesses, often targeting an inflation rate or interest rate, to encourage prices of goods and service to remain stable and promote economic growth.
MAS does not regulate the monetary system via interest rates to influence the liquidity in the system. Instead, it chooses to do it via the foreign exchange mechanism.(woa,check next post)

SEC ,The U. S. Securities and Exchange Commission (SEC) has a three-part mission: Protect investors. Maintain fair, orderly, and efficient markets. Facilitate capital formation. The SEC deal with monetary compliance.

Yes, they do. Look:

https://eservices.mas.gov.sg/consumerfeedback/

PolicyPal in their list of Financial Institution. Scammer Val Yap raised money on ICO and gone away with this and left blockchain project. and got investors with nothing. MAS is know about this scam, but dont want do nothing and even countinue work with her (with her fiat project)

[fortaco]

Hello, Mrpumperitis.

I like your attitude and coming back to this forum reading your posts. It seems to me you have some insights info or you really do understand the potential of this project.

Since Zilliqa is my favorite project and largest investition I wonder where do you see its price in 365 days? I do understand that many things are determinted by Bitcoin moves, because there is certainly some sort of correlation there, unfortunately.

So, if I may ask:

Where do you see price of Bitcoin (or whole market cap as well in one year) due to halving etc., and therefore the price of Zilliqa if everything goes well (stablecoin and xfers payment alive in 2020)?

Thank you.

                   
Thanks. Glad your enjoying reading this thread.
I wouldn't say insights, but do agree i see the potential of Zilliqa especially as we head into a new decade, Zil tech is leagues above anyone else.

Ok everything im saying is just my thoughts...and i could be wrong.

Price of Bitcoin and entire Mcap this year could depend on a few things...

BTC and BCH halvenings could have a price increase but it wont last long because of USDT, MT GOX and new regulations.
USDT provided major buy support in 2019 and if its shut down this year, it will cause a huge dump down because buy support wont be their.
Add the fact that MT GOX coins should be handed back, then expect alot of big sells..
Then their is the regulations that will lead to alot more KYC/AML ,FATF and The new EU rules 5AMLD taking place next week.

So i do expect a few times this year some real big dumps, with the whole market dropping alongside.
The top 10 ,excluding Bitcoin has changed almost every year, with new coins coming into the top 10 all the time...this will happen again.

Now the good imo , new compliant and regulated stablecoins/CBDC will come out and they will seek to launch on low cost high throughput Blockchains...Zilliqa is top of the list...
These stablecoins will be on all exchanges that comply with the new regulations (no more USDT)...(Zilliqa working with Elliptic is great)

New DEX will come out made on Zilliqa...these will have decentralised stablecoins similar to DAI...

If scammy BlockstreamBTC favouring USDT could take crypto to $800bill....
Then legit Stablecoins/CDBDCs could take crypto to the $trillions easily...but they dont need to pump or buy btc, they prob do it with the tech thats securing their businesses and future ideas (Zilliqa)

Zilliqa low environment impact will be a huge bonus as we head into a new age of climate awareness,
 sha256POW miners and others high energy consuming ,slow and expensive blockchains will be frowned upon.

Zilliqa super secure Smart contract tech (OOPSLA approved) will shine with growing new devs&dapps and devs&dapps from other coins will create on Zilliqa...because it makes perfect business sense to work on something more secure,higher throughput and cheaper than all.


I think we are heading into a new era for all of crypto and the old tech days are numbered at the top, they will have a short term effect on the entire market.
The new stablecoins will come out and begin buying the new tech.
The big business and banks need Zilliqa more than Zilliqa needs them...and this will happen this year.

Also i hear Staking is coming to Zil sometime early Q2 2020.  

Zilliqa price sometime this year will be over $1...It could go to $5-$10 if things go parabolic...
Its gonna be a crazy year, not for the faint hearted, lol....
Good luck to you and everyone this new decade and beyond.  

Hello, Mrpumperitis.

Thank you for your prediction. Here is some news about stablecoin, directly from Mr. Kumar.

The model could work like the following: Let's say Xfers wants to issue a total of 100 tokenised SGD. It could issue half of them on Zilliqa and half of them on Ethereum. So, you will have 50 tokens on Zilliqa and 50 on Ethereum. When you go to a platform that sells tokenised SGD, you can get to choose. This is the first model.

And when you want to redeem your tokenized SGD for fiat SGD, the corresponding number of tokens on that chain would be burnt. So, if you wanted to cash out your 10 XSGD and you were on Ethereum, 10 tokens on the Ethereum chain would be burnt. If you were on the Zilliqa chain, 10 tokens on the Zilliqa chain would be burnt. In the second model, you main token is on Zilliqa. So, you do not divide the fiat reserve. So, all the 100 tokens will be issued on Zilliqa. But, you can lock say 1 one of them in a special contract and issue an ERC20 token on Ethereum that represents that 1 token. If you have heard of wrapped Bitcoin on Ethereum, that's kind of the second model. Wrapped BTC allows you to transfer BTC on the Ethereum chain. BTC gets represented as an ERC20 token on the Ethereum chain.

[Mrpumperitis]

Yes, they do. Look:

https://eservices.mas.gov.sg/consumerfeedback/

PolicyPal in their list of Financial Institution. Scammer Val Yap raised money on ICO and gone away with this and left blockchain project. and got investors with nothing. MAS is know about this scam, but dont want do nothing and even countinue work with her (with her fiat project)

You prob right, i dont know much about Val or the two policy pal network coin things.
 its shocking to see scammers getting away with things...esp when involved with MAS.

[Mrpumperitis]

Hello, Mrpumperitis.

Thank you for your prediction. Here is some news about stablecoin, directly from Mr. Kumar.

The model could work like the following: Let's say Xfers wants to issue a total of 100 tokenised SGD. It could issue half of them on Zilliqa and half of them on Ethereum. So, you will have 50 tokens on Zilliqa and 50 on Ethereum. When you go to a platform that sells tokenised SGD, you can get to choose. This is the first model.

And when you want to redeem your tokenized SGD for fiat SGD, the corresponding number of tokens on that chain would be burnt. So, if you wanted to cash out your 10 XSGD and you were on Ethereum, 10 tokens on the Ethereum chain would be burnt. If you were on the Zilliqa chain, 10 tokens on the Zilliqa chain would be burnt. In the second model, you main token is on Zilliqa. So, you do not divide the fiat reserve. So, all the 100 tokens will be issued on Zilliqa. But, you can lock say 1 one of them in a special contract and issue an ERC20 token on Ethereum that represents that 1 token. If you have heard of wrapped Bitcoin on Ethereum, that's kind of the second model. Wrapped BTC allows you to transfer BTC on the Ethereum chain. BTC gets represented as an ERC20 token on the Ethereum chain.

Hi ,
 Your welcome  

Very nice info from Amrit...i like.  

Obviously they will use Zil, its got three things for this use case that ETH hasnt..high throughput,fast tx speed and low cost.
Then other stablecoins will look at Zil and join in with their projects.
Zilliqa will be hosting more stablecoins than any other Blockchain.

The worlds first National currency in tokenised form..XSGD on Zilliqa....it will be awesome...$1Bill cap minimum.
When it starts shooting up..the whole crypto world will be here asking allsorts,lol, fun times ahead,lol.

I think XSGD will be released around 28 Jan 2020..once the new laws are in place.
https://www.pinsentmasons.com/out-law/news/january-2020-date-set-for-new-payment-laws-in-singapore

[magisterr]

Yes, they do. Look:

https://eservices.mas.gov.sg/consumerfeedback/

PolicyPal in their list of Financial Institution. Scammer Val Yap raised money on ICO and gone away with this and left blockchain project. and got investors with nothing. MAS is know about this scam, but dont want do nothing and even countinue work with her (with her fiat project)

You prob right, i dont know much about Val or the two policy pal network coin things.
 its shocking to see scammers getting away with things...esp when involved with MAS.

Im definitely right, mate. As I lost a lot of money in this scam. I wrote to MAS, told the story, but they dont want do nothing with this scam and even provide lisense to this scammer Val Yap and support her fiat project while this scammer run away ith investors money and scammed people. So dont trust MAS !!

[Mrpumperitis]

 

[Mrpumperitis]

One of the key reasons ETH went over $1 was when they announced they would add Staking.
People began stocking up on ETH and the price shot up from 70cents to $30+within a month.
https://bitcointalk.org/index.php?topic=428589.msg13523670#msg13523670
That was 4 years ago ...and still no staking!

Now Zilliqa are doing Staking and should go live sometime within the next 3months.
If you are considering staking...now would be the best time to begin stocking up ,while its cheap.

[Mrpumperitis]

WOW  

                                                                                         ^Zilliqa                                                                         ^Aqilliz
 

Singapore blockchain ecosystem 2019 has Zilliqa at the protocol level and Aqilliz at the Solutions and Consulting level.
Also Xfers at the application level.

[Mrpumperitis]

https://opennodes.com/Singapore-Ecosystem-Report.pdf
Singapore Blockchain
Ecosystem 2019
Driving towards a decentralized world:
A glimpse into Singapore’s vibrant and diverse blockchain landscape

Zilliqa mentioned 8 times..P18,21,22.54,66

[Mrpumperitis]

GroupM Singapore Pte Ltd: GroupM Zilliqa Programmatic Ad Blockchain Alliance

Who is GroupM?
GroupM was formed in 2003 by WPP Group to serve as the parent company of WPP's media agencies, including Mindshare, MediaCom, Neo Media World, Wavemaker, Greenhouse Group, Essence Global, m/SIX, QUISMA, Xaxis, Outrider, Catalyst, Quasar, Movent, Vocanic, and Plista.
The company handles over 32% of the world's media billings, making it the world's largest media investment management operation.



https://www.finder.com.au/alliqa-zilliqa-exclusive-digital-marketing-agency-announces-launch
Aqilliz's CEO from October this year will be Gowthaman "G'Man" Ragothaman, former global client lead at WPP, the world's largest advertising company. Based on the precedent on which Aqilliz is built, and on the fact that Ragothaman is its CEO, Aqilliz could be envisioned as something of a to-market version of the successful Project Proton trial.

Mindshare, whose clients include PepsiCo and many more, is a WPP subsidiary, as is GroupM, where Ragothaman was heading up blockchain initiatives. Elsewhere in the supply chain, Project Proton included the MediaMath real-time ad-buying platform, which describes itself as "trusted by two-thirds of the Fortune 500", and the Rubicon Project ad exchange, which processes ads across millions of websites.

[Mrpumperitis]

 1

[vsyc]

1

We need you elsewhere, and you know the place!

[Mrpumperitis]

1

We need you elsewhere, and you know the place!

But its so nice here...so calm and no trolls. 
I feel ya brother...i have a plan, dont worry 

[Mrpumperitis]

Right guys, Zil gonna start pumping...most know what to do..
Those that dont, just hodl and wait, dont be shook out...dont be weak and sell cheap.
The first wave is coming and will have a pullback before the next wave.

BB walls are coming now.

[Mrpumperitis]

Someone buying alot of btc...they need to if they want the Zils...
Zillqa is the culmination of a decade of hard work that began with Satoshi. Over the years many more innovative modern day geniuses contributed..guys like David Schwartz, Vitalik Buterin and more.  
Zilliqa would not exist if it were not for these guys before...Thanks guys.

Zilliqa is about to have the worlds first CBDC launched in the form of XSGD the CBDC  backed 1-1 by the Central Bank of Singapore.

As we now know Central banks are working on Zil tech and are already invested.
Now they will hopefully help bring some of the benefits of crypto to the masses...cheaper,faster global tx...with Scillica smart contracts

Smart VC groups out there know Zilliqa is the next big thing and they can grab a large chunk of Zil before it goes over $1.


Hodl tight guys, this is just the beginning


https://www.youtube.com/watch?v=6miaTf1gF4g
Metal Gear Solid Soundtrack: The Best Is Yet To Come
 

[Mrpumperitis]

 Xfers Linkedin https://www.linkedin.com/company/xfers
6d
Excited to announce our CEO Tianwei Liu will speak at iFX Expo, the largest financial B2B expo in Asia.
Great timing as we prepare for our stablecoin launch for #XSGD pilot on cryptocurrency exchanges and Zilliqa. Stay tuned for more updates!


https://github.com/Xfers/XSGD-scilla  
     https://github.com/Xfers/XSGD-scilla/commits/master  
The StraitsX SGD (XSGD) token is the first digital token fully collateralized one-for-one with Singapore Dollar (SGD) and representing 1 SGD.
The XSGD token is written as a smart contract on Zilliqa's high-throughput decentralised public blockchain following the ZRC2 protocol and is governed by the StraitsX network whereby XSGD tokens are centrally minted and burned by Xfers Pte. Ltd.


Fantastic  

[anjam_2018]

Hello Mrpumperitis,
this is very great news. Actually you always bring us good news about Zilliqa. I thank you for your research and efforts.
A question! Will Zilliqa take over the financial sector (payments, transfers ...) in Asia, especially in Singapore and Indonesia?
Can Zilliqa take the role or place of Ripple in Asia and overtake the Ripple?

[Mrpumperitis]

Hello Mrpumperitis,
this is very great news. Actually you always bring us good news about Zilliqa. I thank you for your research and efforts.
A question! Will Zilliqa take over the financial sector (payments, transfers ...) in Asia, especially in Singapore and Indonesia?
Can Zilliqa take the role or place of Ripple in Asia and overtake the Ripple?

Hi, thanks  

 Will Zilliqa take over the financial sector (payments, transfers ...) in Asia, especially in Singapore and Indonesia?
It wont take over but will compliment and become an integral part of the growing need for Fintech starting in Asia, with countries like Singapore and Indonesia being the first.
More countries will follow and build on Zilliqa because of its world class tech.


Can Zilliqa take the role or place of Ripple in Asia and overtake the Ripple?
No, Zilliqa meets a different type of market than XRP. XRP main use case is nostro banking, this is something Zilliqa is not aiming to become.
Zilliqa is a low cost, high throughput smart contract building platform. Many currencies and dapps will be built on Zilliqa.
XRP is a form of currency.
However i do believe Zilliqa marketcap will be higher than Ripples , with 1 Zil becoming worth more than 1xrp..due to various factors such as...POW creation cost....Zil gas usage for smart contracts...upcoming staking...
Zilliqa also has far more usecases than XRP and a much lower supply. Supply ratio is around 1zil/9xrp.  (for every 9xrp there is 1 zil)
So if both coins had the same marketcap of lets say $10bill (xrps current cap)
Roughly ....$10bill = 20cents 1 xrp  ...   $10bill = $1.80 1 Zil.