swapblocks (OP)
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April 30, 2018, 07:18:06 PM Last edit: March 22, 2019, 06:15:09 AM by swapblocks |
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*EDIT* Swapblocks is now on Altilly!
WHAT IS SWAPBLOCKS? Swapblocks is a DPOS blockchain platform for automating compliance workflows with permissioned smart contracts. Our codebase is based on Ark's 51 delegate DPOS system.
WHY ARK? The blockchain component of swapblocks is being used for transaction lineage and data integrity. We chose ARK because of the modular codebase, pre-built tools and the ability to interact with other blockchains.
THE PROBLEM Financial institutions spend exorbitant amounts of money on compliance. Banks alone spend ~$270 billion a year on compliance-related costs. This cost is expected to increase to ~$540 Billion per year by 2022. Financial institutions develop in house database systems and processes to ensure they stay in compliance. When financial institutions trade with each other, each party must record their own versions of the transaction in compliance with regulation as well as their own business rules.
SWAPBLOCKS SOLUTION Swapblocks streamlines the compliance process by acting as a neutral bridge between organizations. Documentation can be sent through the network as part of the transaction and the integrity of old documents can be verified by checking against the hash stored on the blockchain. This allows compliance documentation to flow between entities as they trade the asset, eliminating much of the duplication of work currently done today.
MORE BENEFITS Assets can be swapped directly on swapblocks through an asset swap transaction, effectively rendering swapblocks a decentralized escrow service.
The decentralized exchange functionality will allow users to post, find and fill orders enabling greater price discovery for high value/low volume assets such as interest rate swaps bonds, and high quality liquid assets.
WHAT'S THE PLAN? Swapblocks is currently in phase 2 of the roadmap and looking for community members who share the vision for decentralized financial markets and flexible asset governance. If you would like be a contributor to our young and growing community then we're interested in hearing from you. We believe the community is the backbone of this revolution and hope to maintain open and frequent dialogue with you.
Forging Rewards5 SBX for the first 1500000 blocks 4 SBX for blocks 1500001 - 3000000 3 SBX for blocks 3000001 - 4500000 2 SBX Thereafter
8 Second block time
Where to buy SBX?
Exchange
Swablocks is currently traded on Altilly
Direct Orders
Please PM me or email contact@swapblocks.io to purchase coins directly.
RESOURCES
DONATIONS | SWAPBLOCKS EXPLORER | LINKS
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hascho9
Newbie
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Activity: 2
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April 30, 2018, 07:55:10 PM |
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Joined the discord, keeping an eye. I liked Paper better as a brand name
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Praedium
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April 30, 2018, 08:11:59 PM Last edit: May 23, 2018, 12:10:38 AM by Praedium |
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Joined the discord, keeping an eye. I liked Paper better as a brand name
Sorry for the confusion, SWAPBlocks isn't a rebrand of Paper. It's a new project with different founders and goals. SWAPBlocks goal is to simplify the back office operations associated with regulated asset management/exchange (stocks, bonds, real estate, cars, etc...) and uses a DPOS blockchain for settlement. Paper seems to be more focused on supply chain tracking.
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swapblocks (OP)
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May 01, 2018, 06:51:12 PM |
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Hello everyone. Swap Blocks's page on ConcourseQ's Community due diligence platform is https://concourseq.io/Q/Swap_BlocksYou can check it out and fill in information on the project as ConcourseQ is open and community sourced. If you have any questions jump to the discord group and ask out: https://discord.gg/j8RBAwBThanks for adding us. However, we are 'swapblocks' (1 word), not 'Swap Blocks'.
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LoveCryptoAll
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May 01, 2018, 07:26:21 PM |
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The project is ambitious enough, but it seems to me that it will have a good future. Let's see how the developers will turn the world of the crypto currency, as they promise.
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swapblocks (OP)
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May 01, 2018, 07:56:19 PM |
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The project is ambitious enough, but it seems to me that it will have a good future. Let's see how the developers will turn the world of the crypto currency, as they promise.
Ambitious, but the market opportunity is huge. Another strength of the model is that the platform allows others in the community to build upon it because, unlike Ethereum dApps, it's a full platform. What we hope to accomplish is a robust market ecosystem that is managed by a large number of entities building applications on the platform.
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dzkrb
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🔰FERRUM NETWORK🔰
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May 01, 2018, 08:07:35 PM |
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The project is ambitious enough, but it seems to me that it will have a good future. Let's see how the developers will turn the world of the crypto currency, as they promise.
Ambitious, but the market opportunity is huge. Another strength of the model is that the platform allows others in the community to build upon it because, unlike Ethereum dApps, it's a full platform. What we hope to accomplish is a robust market ecosystem that is managed by a large number of entities building applications on the platform. I like it when people set ambitious goals. Without ambition, there would be no progress.
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candyemily112
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May 02, 2018, 04:29:39 PM |
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Your project seems to be very promising! I will watch the progress and hope you’ll achieve your goals.
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swapblocks (OP)
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May 02, 2018, 06:31:33 PM |
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Your project seems to be very promising! I will watch the progress and hope you’ll achieve your goals.
Glad to hear it! Join the social channels/mailing list to stay posted on new release info
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CoinFlipKing
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May 03, 2018, 06:53:46 PM |
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I really like the concept of tokens being independent of the transaction governance rules. Cost management seems more manageable as well.
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Gash
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May 08, 2018, 04:13:37 PM |
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Joined the discord, keeping an eye. I liked Paper better as a brand name
Sorry for the confusion, SWAPBlocks isn't a rebrand of Paper. It's a new project with different founders and goals. SWAPBlocks goal is to simplify the back office operations associated with regulated asset management/exchange (stocks, bonds, real estate, cars, etc...) and uses a DPOS blockchain for settlement. Paper seems to be more focused on supply chain tracking But u are not "several founders", are u? Why call urself in plural. Be what u are, shilly newbie ass talking to urself through bunch of alt accounts. When u have acknowledged what a midget u are, let this bubonic truth flow thru ur mind and help everyone picture this authentic image of yours. That could be helpful in radically changing participation in the markets if thats ur goal.
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swapblocks (OP)
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May 08, 2018, 06:25:51 PM |
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Joined the discord, keeping an eye. I liked Paper better as a brand name
Sorry for the confusion, SWAPBlocks isn't a rebrand of Paper. It's a new project with different founders and goals. SWAPBlocks goal is to simplify the back office operations associated with regulated asset management/exchange (stocks, bonds, real estate, cars, etc...) and uses a DPOS blockchain for settlement. Paper seems to be more focused on supply chain tracking But u are not "several founders", are u? Why call urself in plural. Be what u are, shilly newbie ass talking to urself through bunch of alt accounts. When u have acknowledged what a midget u are, let this bubonic truth flow thru ur mind and help everyone picture this authentic image of yours. That could be helpful in radically changing participation in the markets if thats ur goal. We have 2 co-founders, so I am 100% certain that the plural case is appropriate. As for the remainder of your comment, I'll let the community read our white paper and decide for themselves if they think we are "shills". Our paper is of a higher quality than the vast majority of the marketing "white papers" out there from both a technical and economic standpoint. Happy trolling though.
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MostlyGhostly
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May 08, 2018, 06:35:58 PM |
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The project is ambitious enough, but it seems to me that it will have a good future. Let's see how the developers will turn the world of the crypto currency, as they promise.
Ambitious, but the market opportunity is huge. Another strength of the model is that the platform allows others in the community to build upon it because, unlike Ethereum dApps, it's a full platform. What we hope to accomplish is a robust market ecosystem that is managed by a large number of entities building applications on the platform. Do u view urself as an opportunist? What specie are u that u crawled to here with ur mouth wide open delivering dithyrambs to someones coin that u dont even own. I will educate u on ur own motif for coming here. See, u saw a lightning raging in the skies and thought its nostradamus talking to ya, lost focus and misplaced pornhub for bitcointalk.
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swapblocks (OP)
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May 08, 2018, 09:52:21 PM |
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just reading it has made me interested and I will look forward to this further development will be a useful and cool project
Thanks! Feel free to reach out on any of our social channels to chat with us any time. Happy to answer any/all questions.
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Praedium
Jr. Member
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May 09, 2018, 04:08:26 AM |
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The project is ambitious enough, but it seems to me that it will have a good future. Let's see how the developers will turn the world of the crypto currency, as they promise.
Ambitious, but the market opportunity is huge. Another strength of the model is that the platform allows others in the community to build upon it because, unlike Ethereum dApps, it's a full platform. What we hope to accomplish is a robust market ecosystem that is managed by a large number of entities building applications on the platform. Do u view urself as an opportunist? What specie are u that u crawled to here with ur mouth wide open delivering dithyrambs to someones coin that u dont even own. I will educate u on ur own motif for coming here. See, u saw a lightning raging in the skies and thought its nostradamus talking to ya, lost focus and misplaced pornhub for bitcointalk. What are you talking about?
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Praedium
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May 18, 2018, 01:52:59 PM Last edit: May 23, 2018, 06:47:24 PM by Praedium |
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Check out our new site and let us know your thoughts on token distribution. Infographic video soon to come!
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nghiemtamk
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May 18, 2018, 01:57:08 PM |
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Good concept. Like site too!
Any airdrop/bounty??
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swapblocks (OP)
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May 18, 2018, 02:07:52 PM Last edit: May 18, 2018, 02:18:14 PM by swapblocks |
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Good concept. Like site too!
Any airdrop/bounty??
Yes both! We're going to be launching the bounty program shortly after we raise some initial funds via pre-sale. Then we'll likely launch the airdrop sometime between then and the public sale. you should see the bounty and airdrop distributions in the coin distribution section of the website. We're big on trying to involve the community so thanks for the feedback on the site. More to be added in the coming days. Follow our other channels to stay posted on the pre-sale launch and updates around the bounty program etc.
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Gvyneth
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May 19, 2018, 01:46:05 AM |
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I think this is helping people be introduced into cryptos through something they are already familiar with, which is huge for the community. Typically when I talk to non-crypto people, they usually ask what do I use it for and have a hard time understanding it. However, when given use case examples, they get it. It's kind of like asking people to explain how the internet works. Most people don't know how it works but they know what they do on the internet.
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