finom.io
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January 29, 2018, 11:53:49 AM |
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Today's quote of the day by Peter Thiel, Co-Founder of Paypal.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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finom.io
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January 29, 2018, 12:28:01 PM |
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Blockchain as a Vessel for Good Deeds As the world begins to notice the social impact of blockchain technology, in 2018 we'll see a surge in its humanitarian applications. Last year it was announced that the World Food Program will use the Ethereum blockchain network to distribute 1.4 million food vouchers among 10,500 Syrian refugees in Jordan. The system is set to carry out 1 million transactions per day. Another innovative program, Building Blocks, clearly demonstrates how a database's efficiency can tangibly and positively affect the lives of people in a vulnerable position. In addition to using blockchain, there have been instances in which funds for charities were collected in cryptocurrency. Last year, the Fidelity Charitable company collected over $22 million. It is thought that thanks to the success of existing social programs, new ones will appear next year that are in some way connected to blockchain technology. #finom
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finom.io
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January 30, 2018, 08:47:08 AM |
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While the government of South Korea fights against digital currency, the largest retailer n the country is planning to use Bitcoin, Ethereum, Litecoin and other cryptocurrencies as a paymet option. This concerns the retailer WeMakePrice which is integrating the OneThePay service. Integrating cryptocurrencies is a part of our initiative to make payments more convenient for our consumers and clients. We consider mobile fintech apps, points, and cryptocurrencies as efficient payment methods,” said WeMakePrice's spokesperson in an interview with HanKyoReh. The topic of digital currency is particularly acute for South Korea due to a series of declarations by politicians. The South Korean government has demanded that all cryptocurrency traders ensure that their still-anonymous digital accounts now bear their owners' names, in accordance with the AML/KYC legislation. Simultaneously, all exchanges must hand over all information on transactions to the banks. It is expected that WeMakePrice's decision will enable the further popularization of cryptocurrencies in the country. After all, despite all this, South Korea continues to be the site of a significant amount of cyrptocurrency trading
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finom.io
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January 30, 2018, 10:45:56 AM Last edit: January 30, 2018, 03:30:23 PM by finom.io |
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Today's quote of the day by Eric Schmidt, ex-CEO of Google
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yeyz600
Member
Offline
Activity: 196
Merit: 41
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January 30, 2018, 12:04:02 PM |
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We have been sending new information all the time. It seems that the project is going well and the project team is busy.
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finom.io
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January 30, 2018, 01:43:09 PM |
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What makes Beetle.io unique? Beetle is a mobile exchange app that allows its users to buy bitcoin and ethereum via bank card. Beetle.io's main advantage is its low commission. Usually, the commission on crypto exchanges is around 7-10%, and if you want to transfer funds from the exchange through PayPal or WebMoney, the commission will be no less than 6%. Our app offers a 4,5% commission. Beetle is the point of entry into the crypto world for our clients and helps us fulfill our mission - to make the world of finance accessible to everyone. One more advantage of Beetle.io is that it doesn't contain any ads. Most of the exchanges on the market make money from in-app banners. #finom_products
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finom.io
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January 31, 2018, 04:17:41 PM |
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Bitcoin vs. Gold Last week, the World Gold Council published a statement declaring that neither bitcoin nor any other cryptocurrency should be compared to that most important of precious metals. "Cryptocurrencies may become an established part of the financial system. But, in our view, gold is very different from cryptocurrencies," the WGC said in its statement to investors. Among the advantages of gold given by the Council are its low volatility, market liquidity, and its well-established regulatory framework. "These characteristics underpin gold's role as a mainstream financial asset that will likely continue to resonate in today's digital world," the Council added. The WGC stresses gold's historical importance, stating that gold has been a source of income in constant competition with the stock market and has performed well during periods of inflation. The WGC notes that while cryptocurrency's rise in value has been remarkable, its purpose as an investment is cardinally different from that of gold. Over the last four decades, gold has demonstrated a rather tame volatility. Bitcoin, on the other hand, has shown a sudden surge in price over the last few years, rising over fifteen times its previous value just in the past year.Unfortunately, bitcoin was forced to pay for its high volatility in the form of a significant price correction, losing 40% of its value in a single month. Moreover, the WGC clarified that it's not worth comparing bitcoin to gold if only because of their different sources of demand. Gold is owned by central banks and institutional investors, but consumers also own gold in the form of jewellery, representing 50-60% of annual demand. Bitcoin, on the other hand, is intended for use in electronic payment systems. Due to these and other differences, it's useless to compare bitcoin to gold. Each asset has its own advantages and can be used in different situations.
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finom.io
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February 01, 2018, 01:26:14 PM |
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We're very pleased that you're waiting for the start of the NOM token sale and we want to prepare everything properly. The timeline of the new campaign that was published earlier was tentative. We will announce the definite start date within the next few days, and will also publish our updated white paper.
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finom.io
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February 01, 2018, 02:11:18 PM |
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The Blockchain Improves Shipment Logistics "The supply chain stuff is really tricky." - Elon Musk In 2018 yet another application of blockchain technology will be its use for tracking shipments and valuable assets. Companies will come to realize that the basic infrastructure of control can be entrusted to a blockchain in the public domain. The advantages are obvious: lowered expenses and regulatory burden and increased client loyalty. One such transaction was carried out relatively recently between the Louis Dreyfus Company and Shandong Bohi Industry. The infrastructure for freight transport is already being created and several ready blockchain platforms for this purpose already exist. Major companies from the Fortune 50 list are already demanding the application of public blockchains in tracking and control.
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Abatherat
Newbie
Offline
Activity: 9
Merit: 0
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February 01, 2018, 04:01:28 PM |
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Why finom asking for our papers like passport and personal id we won't be able to withdraw our tokens from finom if we don't upload our documents? or we can withdraw them without any papers. I hope i don't have to be forced to upload any documents becuase it will cost me 50$ to do so
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finom.io
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February 02, 2018, 12:19:04 PM |
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Why machine learning matters Artificial intelligence will shape our future as one of the most powerful innovations of this century. Anyone who does not understand it will soon find themselves feeling left behind, waking up in a world full of technology that feels more and more like magic. The rate of acceleration is became enormous . After a couple of not successful periods for AI over the past four decades,achievements in data storage and increasing processing power have dramatically changed the game in recent years. Two years ago Google trained AI that could not only convincingly interact with humans as a tech support helpdesk, but also discuss morality, express opinions, and answer general facts-based questions. What’s more the next year, AlphaGo defeated one of the best human players at Go — an extraordinary achievement in a game dominated by humans for two decades after machines first conquered chess. Go is a much more complex strategy game with plenty of possible board positions.An uptodate example of using artificial intelegence is the of feature Google translate application which translates text from another language right after you point at it . Today AI is used to design evidence-based treatment plans for cancer patients, instantly analyze results from medical tests to escalate to the appropriate specialist immediately, and conduct scientific research for drug discovery. In everyday life, it’s increasingly commonplace to discover machines in roles traditionally occupied by humans. Soon we’ll see more cases of using one of the most powerful innovations of this century
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finom.io
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February 02, 2018, 12:25:43 PM |
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Why finom asking for our papers like passport and personal id we won't be able to withdraw our tokens from finom if we don't upload our documents? or we can withdraw them without any papers. I hope i don't have to be forced to upload any documents becuase it will cost me 50$ to do so
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Abatherat
Newbie
Offline
Activity: 9
Merit: 0
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February 02, 2018, 12:34:08 PM |
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Hello, Abatherat. Verification process is obligatory to be able to withdraw your tokens. KYC is a requirement from exchanges and also guarantees you token's security
Then i believe there no restrictions for people outside usa anyone from any country can be be part of this since you didn't put any restrictions warning for those who can't
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finom.io
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February 02, 2018, 01:28:10 PM |
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Samsung has confirmed it's opening the production of specialized cryptocurrency mining chips. The news was first revealed on 30 January. The Korean giant is aiming to provide application-specific integrated circuits (ASICs) for an unnamed Chinese mining firm. "The Samsung foundry business is currently engaged in the manufacturing of cryptocurrency mining chips." In yesterday's report on the results of the fourth quarter, Samsung talked about the growing demand for cryptocurrency mining, stating that in 2018 it will provide 8nm and 11nm processors to meet market needs, as well as start a "risk production" of 7nm chips. The move of the Korean conglomerate into the cryptocurrency mining space will bring serious competition to China-based Bitmain, which claims to hold over 70 percent of the market share.
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finom.io
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February 02, 2018, 04:22:49 PM |
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Finom will launch Cloud Mining service. We would like to remind that we offer a 10% discount on purchasing mining power to everyone who registers on www.fcmining.io before the launch.
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finom.io
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February 05, 2018, 09:07:33 AM |
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Today's quote of the day by Tyler Winklevoss, Co-creator of Facebook, Top investor in Bitcoin
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finom.io
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February 05, 2018, 11:51:45 AM |
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Vitalik Buterin Donates $2.4 Million to Youth-Lengthening Research The SENS research foundation published a press release on its website announcing a donation of $2.4 million in Ethereum from that currency's co-creator, Vitalik Buterin. SENS finances studies regarding treatment of age-related illnesses. Buterin is a fan of the work of the scientist Aubrey de Grey, one of the foundation's founders. De Grey has spent many years working on a panel of therapies aimed at helping people slow down the biological processes associated with aging. "I am happy to have been blessed with the opportunity to personally support SENS's efforts. Their focus on creating solutions to the diseases of aging, one of the greatest problems facing humanity, is very much in line with my goal to positively impact the lives of millions of people around the world," says Buterin in the press release. This is not the only donation that SENS had received in cryptocurrency. Over the last few months, the Pineapple Fund has given SENS $2 million. #finom_news
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finom.io
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February 06, 2018, 12:41:17 PM |
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Singapore Airlines to Use Blockchain in its Loyalty Program Singapore Airlines will begin using blockchain technology in its KrisFlyer frequent flyer program to give its members a new means of spending accumulated miles. Company representatives at the Singapore Airshow Aviation Leadership Summit announced that the airline plans to launch a digital wallet and sign up retail partners within six months' time, first in Singapore and then in other countries. "I think we are the first airline to do it,” CEO Goh Choon Phong told the SAALS on Monday. At the start of this year, Singapore Airlines declared its intention to invest "hundreds of millions" of dollars in digital technology over the next few years, meaning that the present initiative will become part of a larger program. This investment in innovation is being made to increase the company's competitivity among other airlines. #finom_news
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