Green mining with Cointed and Nvidia

Mining digital currency is certainly an attractive source of income. Plug in the GPU cards and let the digital gold pour. However, mining bitcoin alone consumes 0.13% of the world’s energy consumption. Fuelling such consumption with anything but renewable energy would have a devastating effect on the environment.

Fortunately, more and more mining facilities are switching to hydro and wind powered energy sources according to the latest Bitcoin News.

Europe’s largest Bitcoin ATMs provider and digital currency exchange Cointed is set to shake up the green mining industry in the later part of Q4/2017.

The team behind Cointed is inspired by always pushing the bar higher and being an example of innovation. To guarantee their clients the best possible service, all the Cointed mining hardware and software is custom made.

Collaboration with Nvidia

Green Mining

The company has already pre-ordered 125,000 custom-made GPUs in collaboration with Nvidia and Zotac that are especially designed for Cointed’s facilities. Of them 18,000 are already assembled in 2000 rigs of 9 cards each in a warehouse in Sweden and fully operational.

Green Mining

Optimized Mining Rig

The rigs and GPU cases are also improved to optimize performance. To alleviate the issue of overheating the GPUs’ traditional fans have been replaced with heat sinks. Locating the fans on the case allows for optimal air circulation which improves cooling and makes maintenance easier. The motherboards are also customized to better synergize with the other components.

Inhouse Built Software

One of the biggest advantages, however, is the entirely inhouse built software. The team creates their own operating system to and GPU BIOS so that they get the optimal performance and synergy with their other custom parts.

Green Mining

You are the owner

The best thing about mining with Cointed is surely that you own the rig! Most of Cointed’s mining rigs are owned by the customers. The company is only operating and supporting them for a small fee. There are no small letters (is this the right expression?) whatever your GPUs mine minus the fee is what you will get.

CTD token

Right now, Cointed are holding an ICO campaign to expand our business. The CTD token is the only opportunity to get access to the exclusive deals at Cointed. Some of the benefits are:

  • Discounts on ATM fees, software licensing as well as exchange
  • Mining: 15% discount on rigs and 5% hosting fees
  • Access to GPUs with 25% increased performance and inhouse BIOs
  • Discounts on crypto cards
  • PayCo discounts: 15% POS and 20% lower fees
  • 5% lower hosting fees
  • 15% off on mining equipment

For more information: www.cointedtoken.com or Whitepaper

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SophiaTX Brings Blockchain to Pharma w/ Verifiable Track & Trace Model

Intended partnership announced today with KITA Logistics

SophiaTX, the first open-source platform to integrate blockchain with SAP and other Enterprise systems, has announced its intention to facilitate a holistic ‘track and trace’ solution for the transportation of products and medicines in the pharmaceutical industry. Each of the current top twenty prescription drugs (amounting to 10% of the global market in 2016) is produced by a company using SAP software products within their sourcing, manufacturing, or supply chain processes.

A joint Letter of Intent (LOI) announced today by SophiaTX and Equidato Technologies CEO Jaroslav Kacina and the General Manager of Riyadh-based KITA Logistics, Nabil Awan, confirms an intended partnership between the two businesses on the design and development of a blockchain solution for pharmaceutical logistics and transport.

A new solution for pharmaceutical supply chains and logistics

SophiaTX recently unveiled a working Proof of Concept and published a white paper revealing significant new details on how the platform can be used to facilitate multi-party collaboration across value chains (track and trace), with a particular focus on the pharmaceutical sector.

“The pharmaceutical ecosystem is highly complex with many collaborating parties, manufacturing processes, quality assurance points, shipment processes, and anticipated risks,” explains SophiaTX CEO Jaroslav Kacina. “All manufacturers and partners face common issues, which cannot be resolved solely with a centralized and isolated system.”

The pharmaceutical industry on its own is a very profitable business. Increased demand, supply shortage, and other market factors open doors to non-authentic drug manufacturers, an issue observable in both branded and generic products. The International Trade Organization estimates the drug counterfeit market between USD $ 70 – 200 billion. Drug counterfeits represent a serious threat to public health and an overall number of deaths caused.

SophiaTX’s integration with the system will allow pharmaceutical companies to write their products directly into the blockchain, thereby addressing issues of counterfeiting; compliance; supply chain conditions; traceability and recalls. Providing the product authenticity in the blockchain enables pharmaceutical companies to address counterfeit issues, helping to decrease the number of counterfeits on the market, and consequently eliminating adverse effects on the end user.

Other elements that could be added to the blockchain, via existing SAP or other Enterprise systems include information from the manufacturer (such as name, serialization and batch number, and expiry date); shipping details; and information from IoT sensors and other smart devices over the course of logistics and transportation process. Together, this information would enable the verification of the logistics process and conditions, the authenticity and provenance of the product; and minimises adverse effects on the end user.

SophiaTX and KITA Logistics sign LOI

A number of customers are already in the pipeline ahead of the company’s Token Generation Event, and the newly signed LOI with KITA Logistics demonstrates the appetite for the adoption of the SophiaTX blockchain across various business sectors, as well as the entry of SophiaTX to the Middle Eastern market.

The newly announced co-innovation partnership will see both companies work together to develop a detailed use of case for the use of blockchain transactions to transport pharmaceuticals; design a specific blockchain solution for the industry with connectivity to existing ERP and supply chain applications; and develop the capability to record data from IoT sensors and other devices to monitor transportation conditions through the supply chain.

Token Generation Event to commence on December 5th 2017

The SophiaTX platform is fuelled by SPHTX (SophiaTX Token), which covers mining and transactions and allows access to the development platform. The Token Generation Event (TGE) will begin on December 5th 2017 and will last for 10 days, with any unclaimed tokens which remain at the end of the TGE proportionally distributed to investors in line with their existing SPHTX stake.

About SophiaTX

SophiaTX is a blockchain platform and marketplace for businesses of all sizes, and the first open source platform to primarily integrate blockchain technology with SAP and other enterprise systems. 74% of transaction revenue worldwide touches SAP systems, and SophiaTX provides a business-appropriate blockchain for B2B collaboration and communication. 

About KITA Logistics

KITA Logistics is a leading provider of pharma and healthcare logistics solutions, with twenty years experience in large-scale logistics projects. The company provides solutions for the safe, secure and controlled distribution of time-critical and temperature-sensitive cargos, medical equipment and appliances with specialist pharma SOP and working instructions.

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AlphaEx.net starts XinFin XDC trade pair with bitcoin, ethereum and Ripple.

AlphaEx.net will maintain XinFin’s XDC trading pair against ETHEREUM, BITCOIN and Ripple to provide liquidity for it’s tradefinex, remittance and IoT Pilot projects with global institutions.

(For Immediate Release) AlphaEx.net today announced that it will start XDC/ETH, XDC/BTC and XDC/XRP trading pairs to assist XinFin.org on it’s various pilots for remittances, tradefinex and IoT pilot projects that various regulated global institutions are currently undertaking on XDC01 protocol. XDCs or XinFin Digital Contracts are native fuel that power the XinFins Hybrid Blockchain network. Alphaex.net is an emerging digital asset exchange that aims to follow regulatory standards and compliances for dealing with real world enterprises.

https://alphaex.net

“With the recent regulatory announcements around compliance standards and licenses for digital asset exchanges, alphaex.net will be following Industry’s best AML/KYC standards and will work on protection of trade for it’s customers. At Alphaex.net, we aim to assist the various global institutions that are working on XinFin’s XDC protocol. The ongoing pilots include real time monitoring of infrastructure projects using IoT. Pilot projects also include the emerging tradefinex.org platform for various trade associations and regulated banking, fintech partners. Digital asset exchanges today face various challenges that include gaining regulatory clearances and an ability to work with banks and real world enterprises. We at AlphaEx.net aim to be one of the best digital asset exchanges platform that will be fully compliant with the existing laws and framework” said Peter Yeo, Compliance advisor at AlphaEx.net

“Among various pilots that will be conducted on AlphaEx.net will be fixed rate remittances, Token of Trust for Global Trade, digitization of real world assets and Finance and providing settlement layer for the IoT enabled projects.”

“Alphaex.net has extended invitations to regulated enterprises and financial institutions around the globe who can make use of the alphaex.net platform to offer fiat currency pairs against XinFin XDCs where participating institutions are authorised to operate.”

“XinFin or eXchange InFinite is currently evolving its hybrid XDC01 protocol that lets enterprises maintain a private state and a public state on the same Blockchain that provides secure, scalable, higher through-put network platform for global FinTech institutions. XinFin has signed agreements with over 10 global institutions that aim to make use of XinFin’s Hybrid Blockchain model to disrupt various industry verticals such as remittances, travel, supply chain, assets and Projects financing.”

Contact :

Alpha Exchange

http://www.alphaex.net

Email : info@alphaex.net

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STREAMR: CREATING THE REAL-TIME DATA MARKET

As the needs in today’s business world increase so does the need for exponential amounts of real-time data. The rapid growth of IoT and the ubiquity of connected devices adds massive value to this data. However, there are normally limitations and inefficiencies associated with centralized data distribution systems. The loss of security and freedom are also downsides of the technological evolution.

Streamr aims to be the solution to these problems, delivering a secure, scalable, and trusted IoT ecosystem.

The Problem

According to IHS Markit, in the global IoT market, the installed base will grow from 15.4 billion devices in 2015 to 75.4 billion in 2025. The valuable data being generated can be used for creating new services and business models, tracking assets accurately, and optimizing manufacturing operations.

Although you can currently store data in the blockchain and decentralized file storage apps, these solutions aren’t ideal for large volumes of real-time data. Storage is costly and involves high latency. These solutions are also not scalable.

The missing link? A natively decentralized data backbone to complement decentralized apps. This is exactly what the Streamr platform is designed to be.

Streamr
Image Credit: Streamr.com

The Opportunity

Streamr is a complete IoT enabled Blockchain system used for accessing and trading valuable real-time data such as from social networks or IoT sensors. The Streamr platform offers secure and scalable data delivery. Smart contracts, data streams, and decentralized computing resources are able to intersect in a low-code environment.

The Streamr network is also a unique decentralized peer-to-peer model – people and machines can use and sell data as they wish without being at the mercy of large corporations.

DATAcoin is the token used to access the market by participants and acts an incentive for data producers and consumers to buy and sell. Producers and participants are reimbursed automatically. Subscribers pay for the data with the token.

How does it work?

Build on a decentralized transport layer that’s connected to the Ethereum blockchain, speed and security are achieved on the platform through Smart contracts. The Streamr Smart Contracts enable nodes in the network to reach consensus, handle permissioning and integrity checking, facilitate secure token transfers, and hold stream metadata.

The technology stack is layered and modular. Other vital pieces in the Streamr stack are the Streamr Editor and the Streamr Engine. The Streamr Engine listens to events on the Streamr Network. Models built using the Streamr Editor refine incoming data and react to new events in real time. One example is interacting with an IoT device such as for opening a lock or turning the lights on.

The Launch

During the pre-contribution period, the CHF 5 million pre-contribution hard cap was reached in 25 minutes. On October 12, 2017, the Streamr Crowd Contribution period was opened. Those who were interested in participating in the Initial Coin Offering (ICO) had to go through a Know Your Customer (KYC) process via a smart contract before whitelisting and participation.

The DATAcoin tokens were sold at a rate of 1 CHF = 18.25 DATA. Originally scheduled to run until October 26, the ICO was closed early as the company raised a hard cap of CHF 30 million from over 1300 supporters.

As the need and volume of real-time data continues to grow, especially with the IoT market, decentralized solutions will become even more important. Companies need to stay abreast of these changes and not fall behind with the traditional centralized data distribution platforms.

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November 28, 2017 – the Official Start of the Token Sale of the First “Kosher” (Jewish) Crypto-Token and Blockchain Ecosystem BitCoen.io

British company BitCoen is opening up an international blockchain market. The company declared about its strategic goal – to help interaction between representatives of the Jewish communities around the world. The BitCoen ecosystem is a system of services, qualitatively improving the life of the Jewish community.

Jewish communities from different counties demonstrated their interest to the project at the pre-sale period. Yet before the start of Token sale the audience of the project was more than 25,000 people from 124 countries. Project’s geography covers the whole world: states of North and South America, Europe, Asia, Africa and Australia. According to the company’s representatives, most requests for the purchase of BitCoen tokens came from Germany, England, Spain, France, Italy and, of course, Israel. As previously reported, Vyacheslav Semenchuk, founder and CEO of BitCoen, invested $ 500,000 of his personal funds in the development of the project. Project’s pre-sale was held to strengthen on the market and to confirm the interest of the audience. More than $150 000 were raised during the pre-sale without a single shekel spent on marketing.

Team

The blockchain project BitCoen was created by a young and ambitious businessman – Vyacheslav Semenchuk. Under the age of 30 he has already created and sold more than 10 start-ups, including in the fintech industry. Lifepay, with turnover amounted to 2,5 billions, was the largest project created by the entrepreneur, it was sold to a bank subsequently. For this project’s creation Vyacheslav Semenchuk managed to get the title of “Entrepreneur of the Year” according to YE. Yet before the emergence of a mass interest in the technology of blockchain Vyacheslav Semenchuk was engaged in its implementation in bank sphere.

“The blockchain project BitCoen was originally conceived as a system of services, qualitatively improving the life of the Jewish community,” explains Vyacheslav Semenchuk.” This is a fairly closed community, existing Worldwide. This community has needs in internal mutual settlements, to help their own businesses, oriented only for Jews; and has a big culture of charity. And all theese needs must be accomplished in the most transparent and profitable way. The ideal target audience for a blockchain project! So we came up with the BitCoen ecosystem idea, which integrated the useful mechanics from the world of the blockchain.

The team members work all over the world. “The development of Internet technologies allowed us to create an international team,” says Vyacheslav Semenchuk. “The BitCoen team includes the most experienced blockchain programmers, crypto marketers and other experts in crypto-economics, who got interested in creating an ambitious, high-quality and interesting project.”

What does it have inside

The blockchain project consists of several parts, each of these parts logically complements the ecosystem.

BitCoen Token (BEN), which can act as a payment method between community representatives.

BitCoen loyalty program. Program users get BEN’s after purchases/services from the program partners and accrue BEN’s instead of abstract loyalty program points. BEN’s are accumulated and their duration isn’t limited. Unlike existing loyalty programs, that can have various restrictions for users, and often have unlimited opportunities for scammers, BitCoen Loyalty is completely transparent. No small fonts and asterisks in the program description. BEN’s do not burn after time, and can’t be canceled by anyone.

BitCoen Pay – payment system for online and offline purchases for private persons and businesses in points that accept payment by BENs. We have experience in creating payment systems (Life.Pay, PayQR) and we know how to make them even better so that the BitCoen project participants can use the most convenient payment services.

BitCoen Platform is a marketplace for Jewish businesses. A businessman can expand the number of customers, including at the expense of consumers from other countries.

BitCoen ADV – an advertising platform for the popularization of Jewish businesses, we already collected a huge target audience and we can do almost any targeting.

BitCoen blockchain technology

BitCoen is based on the source code of the izzz.io platform and uses a consensus that is based on Limited Confidence Confirmation Proof-of-Activity (LCPoA) and a trusted node system (Thrusted Nodes) to speed up the network. It is also planned to create a BitCoen compatibility layer with the ERC20 standard, for easy integration with exchanges. The choice of the izzz.io blockchain-platform is justified by the characteristics of this system, which exceeds the analogs for a number of parameters.

LCPoA blockchain algorithm is one of the most important features of Bitcoen blockchain. This algorithm reliably protects the network from spam and false transactions, while it does not require large expenditures of computing resources. There is a lack of mining in the system, all transactions within the platform network – are free. The technology provides a high network speed (up to 25,000 transactions per second). “BitCoen Blockchain is a new generation blockchain, which does not require participation in the “arms race” for the power of computers that spend an enormous amount of electricity. It is reliable, fast and free in terms of blockchain transactions. We can say that Bitcoin is a first generation blockchain (Blockchain 1.0), Etherium is Blockchain 2.0 and BitCoen – Blockchain 3.0,” explains Vyacheslav.

Token Sale

Since the BitCoen blockchain project is designed for a mass audience, it is very important to prove it with maximum transparency and legality. BitCoen legal team provided different options for the development of events and could create the most stable and secure system. BitCoen is a token, not an investment tool, it does not imply receipt of passive profit and does not have any signs of a stock. BitCoen doesn’t hold ICO but Token Sale only, which basically is a token pre-sale.

November 28, 2017 is the official start of the Token sale of the BitCoen blockchain project at http://bitcoen.io, which will last until December 26, 2017. Up to 20 million BENs at the price of $1 per one BEN are available on the Token sale. The emission of BitCoen is 100.000.000 BENs.

Development prospects of BitCoen

After the completion of Token sale, the platform makes a listing on the global crypto-exchange. According to Vyacheslav Semenchuk, placement on the exchange is one of the marketing tools that allow us to expand the audience of the project.

As is known, the value of any cryptocurrency is determined by the audience’s interest in it and the real functional behind the token. The functionality of the BitCoen project allows Jews around the world to develop their business, staying within the framework of cultural traditions.

It should be noted that the creators of the project managed to attract not only experienced cryptocurrency users, but also an absolutely offline audience. “We understand that nowadays only a small percentage of the world’s Jewish communities use cryptocurrencies, the potential of blocking technologies is not yet appreciated,” says Vyacheslav Semenchuk. “That’s why we used al of the advertising channels and tried, first of all, to train a new audience and tell about the advantages and easy ways of access to technology.”

According to the auditors’ estimates, the capitalization of the BitCoen will be about 1,5 billion dollars after the realization of all components. According to independent experts, in the future, the capitalization of BitCoen can grow 10 times. “We are the largest jewish blockchain project for now, oriented to b2b and b2c audience. Even before the start of Token sale, we made partners with more than 700 large stores (among them OZON.ru, Aliexpress and others), which will add points in BEN’s when buying from them,” says Vyacheslav Semenchuk.

Moty Cristal, an international negotiator and an active member in global Jewish affairs, stresses that: “BitCoen project is a breath of fresh air which can further support the close relationships between  Jewish communities worldwide, in this time of dynamic financial challenges and innovative opportunities”.

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The First Two Weeks of Crypterium ICO a Resounding Success

The first two weeks of Crypterium ICO, which started on October 31, 2017, saw lively and robust trade, with customers flocking to the sale from all over the world. Fifteen thousand users from 143 countries have taken part in the CRPT token sale to date, helping the project reach its soft cap within the first 5 hours. Crypterium, a revolutionary cryptobank, is gearing up to create an integrated service that utilizes the most advanced blockchain features to bring cryptocurrency payment options to the real world. The funds collected through the ICO will be used to create the service, which will go live in late January.

What makes the early results particularly remarkable is the fact that the CRPT token sale attracted the attention of token-buyers from every corner of the world. Users from Russia, USA, Brazil, United Kingdom, Indonesia, Japan, Malaysia, South Africa, India, Nigeria, Australia, South Africa, and many other countries showed their support of the project by becoming its token holders. Although the highest number of token holders came from Russia and the United States – 21.40% and 20.74%, respectively, neither of these two countries demonstrated the highest average token spending so far. The leadership in this category belongs to South Korea: an average user from this country spent nearly $2,037 on CRPT tokens. The Top Ten average purchases also included customers from the Czech Republic, Switzerland, United Kingdom, Japan, Australia, Belgium, Turkey, Malaysia, and Netherlands, whose users spent an average of $600-1200 to acquire their tokens.

But what makes this ICO truly remarkable is the overall relatively low average spending: not counting major institutional buyers, an average token holder spent just a bit over $500 to buy CRPT tokens. All this indicates that the product offered by Cryptonomos found great resonance with the public at large – people are very interested in being able to use their funds in cryptocurrencies to pay for their everyday purchases.

“We are extremely pleased with the early results,” says Vladimir Gorbunov, Crypterium CCO and co-founder. “We set out to create a product that could be useful to just about every family, and people responded. I think that both the geography and the average spending we’ve seen so far show that the wider blockchain community approves of what we are doing.”

Crypterium is working to incorporate the decentralized cryptocurrency ecosystem into daily life. This requires, above all, creating a tool that would allow the use of cryptocurrencies to make instant payments for people’s routine everyday purchases – paying the bills, dinner in a restaurant, or buying bus tickets. The project’s open-source platform will also feature an innovative system to enable the acquisition of cryptocurrencies by businesses (including the option for sellers to receive fiat currencies for purchases in cryptocurrency). The third area of focus is making crypto loans more accessible. A vital component of the project is the open access to its cryptobank platform for outside developers.

Keith Teare, founder of TechCrunch and advisor to the Crypterium team, remarks, “In these early days, we are getting some very encouraging and rather unusual results – in most ICOs, we typically see 20 small token purchases for 5-10 large ones. But in this ICO the balance is quite different: Crypterium was able to rope in little guys, people who do not necessarily have thousands to spend on tokens. Most likely they are interested not so much in making money off of tokens but in using the actual services the platform will offer. I think the team really came up with a universally appealing global mass product!”

Crypterium’s ICO launched on October 31, 2017, and will run for 75 days.

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Blockchain as the Foundation for a New Banking System

Blockchain technology can be considered the most promising site for experiments in the financial sector, which will open up unlimited possibilities and solve the acute problems of banks. It is no accident that many of the largest banks continue to rely on application development platforms using blockchain technologies.

The 2008 financial crisis severely undermined the global capital markets industry, which had to contend with an endless stream of cash-absorbing problems arising from the tightening of regulatory requirements, the increase in the cost of liquidity and the need for distribution of capital, and as a consequence of the sharp decline in incomes.

According to experts, nearly 2/3 of all IT budgets of investment banks are forced to maintain the old infrastructure and tens of billions of dollars cover projects to reduce costs. This means that most of the banks continue to pursue utopia policies, investing a lot of time, effort, liquidity  and capital in support of processes that cannot guarantee profit gains.

This is why the unique capabilities of block chain are the only way out for banks, exchanges and clearing organizations that see this technology as a powerful and effective tool for influencing the fundamentals of expenditure  which can enable them to return to profit indicators sufficient to increase the profitability of capital.

Opportunities to implement banking blockchain

Banks are facing a new perspective of migrating the main operating and financial systems as well as risk assessment systems to the new data-sharing platform at the block chain base. This will enable them to seriously simplify processes by abandoning a large number of existing processes and elements of the information infrastructure.

The distribution of databases based on the blockchain technology provides a lot of unique opportunities for financial institutions:

  • Storing accurate and reliable information about all transactions that have ever been committed allows anyone not only to store money, but also to make money transactions completely transparent, without having to trust each other or any centralized intermediary;
  • Use of advanced encryption technologies is particularly relevant to the payment industry, as a tool for ensuring reliability, improving quality, cheaper and speeding transactions, including the improvement of the online trading infrastructure ;
  • Ability to create corporate distributed databases that focus on the needs of each individual organization which will be able to interact with the distributed databases of other companies, providing the necessary level of security and confidentiality;
  • Block chain as the engine for transmissions of transaction data will ensure real-time monitoring and action when necessary. Particularly relevant is the distributed registry, which can be effective in areas such as credit, REPO transactions (purchase of securities with a reverse sale obligation), a stock market which will allow for the accounting and analysis of all movements of debt and commitments in real time, and a high level of security and full backups of operations will help to avoid the legalization of trust relationships with contractors

This is an additional reaffirmation of the high priority of the transformation of the banking system through the blockchain tools which many experts consider to be a panacea for the banking system to a new level of development that will provide a steady profit.

Well-known international banks are already benefiting from the Ripple block chain project , including Santander, Axis Bank, Yes Bank, Westpac, Union Credit, NBAD and UBS. According to the representatives of Ripple, with this service, banks could save an average of $3.76 per transaction. Given that banks perform thousands or even millions of transactions a year, this is a very significant saving.

Despite the apparent streaming of the financial services sector to innovation, most banks still keep their development behind the closed doors. This is due to understandable reasons: security is a priority issue and, weighing the potential risks of information transparency, banks prefer to trust only themselves. Such an approach reduces the likelihood of a hacker threat, but also severely limits development opportunities. It is not surprising, therefore, that  blockchain projects with universal proposals that are capable of adapting to the changing realities of the environment are in priotity. Another worthy competitor is preparing to enter the financial technology market, the Credits platform.

Credits as a guarantee to eliminate existing bank problems

Effectiveness of solving possible bank failures through introduction of block chain innovations is well seen in the example of the CREDITS platform whose competitiveness is defined by the excellent technical characteristics that are aimed at enhancing efficiency of the banking system:

  1. Large commissions for cross-border payments and the SWIFT interbank transactions system. Credits offers its platform for payments and charges the minimum commission – payment is made within a few seconds directly, at a sufficiently low cost of operation below 0.0001%;
  2. Interbank calculations in which the transfer can “get stuck” and the account is locked. No one can block your account in block chain, transactions are processed automatically for a few seconds, there is no human factor – in contrast to such projects, Credits is capable of issuing up to 1 million transactions per second which completely excludes the possibility of delaying payments;
  3. Security is the protection against hacker attacks up to the hacking of ATMs. By using a combined encryption algorithm based on asymmetric cryptosystems with a public key, with the high-velocity benefits inherent in symmetric cryptosystems with a secret key, the CREDITS platform shows major success in protecting their block chain;
  4. Data security – nothing can be removed from a blockchain – thanks to the asynchronous work of consensus and data archiving;
  5. Intercept and modification of information/transactions.  Combined blockchain encryption algorithm guarantees a secure, uninterrupted and instantaneous processing of a large number of transactions, and yet the maximum transaction protection

At the same time, the main originality of the block chain platform is, first of all, the ability to seriously influence the procedures for confirming transactions, reconciliation, cash management, optimizing assets and other business processes that companies are forced to spend billions of dollars a year.

As the IBM C-Suite study 2017 shows, 1/3 some of the banking organizations that have decided to experiment are ready to implement block chain by the end of this year. According to the forecasts for the near future – the year 2025 will be a fundamental change in the banking system’s operating principles which would completely abandon the classic methods and select the most profitable and the main profit-oriented blockchain technology.

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Play2Live, the World’s First eSport and Gaming Platform Powered by Blockchain Launched a Technological Demo

Play2Live, a blockchain-based streaming platform for gamers and eSports fans, has announced the highly anticipated release of the platform’s technological demo. A trailblazer in merging revolutionary blockchain technology and streaming services, Play2Live will become the ultimate end-to-end solution for streamers, gamers and eSports fans.

There are many ongoing talks around blockchain-based streaming services and Play2Live would be one of the first platforms to demonstrate this functionality in life. “We are moving forward according to the roadmap, and this match is a good opportunity to show investors our commitment to build a strong business that will start bringing revenue soon”, says Alexey Burdyko, CEO and Founder at Play2Live.

To support the release of the demo, the company organized B03 Play2Live Match, a show match featuring CS:GO that was held on November 20th, 18:00 CET.  “As promised earlier, we have created the technological demo version of our platform along with the blockchain network. A total of 8000 eSports fans were able to enjoy the match in high quality video, make bets, chat, comment the tournament and earn rewards”, said Orhan Zeynalli, Blockchain CTO at Play2Live. “Our main goal was to collect feedback from real users and test the platform functionality, including betting, which was made possible thanks to the blockchain technology.”

Everyone wishing to take part in the live demo was able to register online and received 100.00 LUC Silver tokens which were then used to make bets for one of the playing teams PRIDE or Havu. After the show match, the participants who voted for the winning team have multiplied the number of tokens in several times. “We are proud to have successfully implemented the first working version of the platform with the use of blockchain technology and our Level Up Coins.  We would like to thank all users for showing great interest in our platform and successfully making bets despite the instabilities that appeared due to a large number of simultaneous connections. We promise to fix these problems in future and provide a much more seamless experience for all eSport fans”, said Orhan Zeynalli.

The $1500 prize pool was awarded to the winning team Havu (34th place in HLTV.ORG rating), players from Finland who won against the PolishPRIDE (36th place in HLTV.ORG rating) with a total score 2:1. According to forecasts made by gamers before the show, the betting results were made in favor of PRIDE (80 percent against 20), however the team ceded holding a pretty tight gap. The broadcasting was provided by a popular UK castor Ryan ‘Flakes’ Oliver, the official commentator of Epicenter Qualifiers, The ELEAGUE Premier Europe Qualifiers, ESL Pro League, WESG 2016 and WCA 2017 North America and UCC Studio.

More about Play2Live:

https://twitter.com/play_2_live

https://www.linkedin.com/company/18255836/

https://www.facebook.com/Play2Live-504880049864038/

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Boosteroid runs ICO to create a cloud computer

Boosteroid project starts its ICO on November 27th aiming to collect investments for the creation of a cloud services platform (similar to Amazon Web Services, Microsoft Azure or Google Cloud). This information can be found on project blog.

Token sale details

Token sale starts on November 27th at 9:00 (CET) and ends on December 11th at 21:00 (CET). Team plans to sell 300 million BTR tokens. One BTR will cost $1,08. It will be possible to buy BTR on Boosteroid website for ETH, BTC, LTC, BCH. All unsold tokens will be destroyed.

Bonuses for investors:

1 000 BTR – 100 000 BTR purchased – 10%

100 000 BTR до 1 000 000 BTR purchased  -15%

1 000 000 BTR and more – 20%

The collected funds will be used to expand computing facilities and develop a service – cloud computer that will allow to process video, create 3D-graphics, play games that require high computer performance or carry out machine learning on any device, even the most low-performance PC. The team is going to launch project demo by the end of November, 2017.

What makes Boosteroid ICO unique

Boosteroid has a significant advantage as compared to other ongoing ICO projects – the platform is already being developed. The team has a promising business model and road map.

Computing facilities are already operating in Kharkov (Ukraine). When the ICO is completed the team will start scaling Boosteroid in Georgia free industrial zones and they also plan to locate computing facilities in Iceland. So this is a real business but not just an unclear idea.

“We are already building our platform, however the ICO will speed up the process. Tokenization is a natural way to the new level of market relations. In our situation, we offer not just a token but a real service for the people who are willing to support our project. 1 BTR = 1 hour of computing power rent on Boosetoid computing facilities”, – noted Boosteroid CEO Ivan Shvaichenko.

1 BTR = 1 hour Boosteroid computing power rent.

Boosteroid

(1 BTR = the cost of one hour computing power rent on the basis of eight NVIDIA GeForce GTX 1080 Ti graphic cards; two Intel Xeon E5 2680v4 processors; RAM 256Gb; SSD 960Gb).

Benefits for investors

Investors will be able to rent Boosteroid cloud computer with BTR tokens or trade them on digital currency exchanges for other cryptocurrency or fiat money and gain profit. Currently the lowest 1 hour computing power rent is $6,5 – $ 10,5 and that means Boosteroid token rate can increase significantly.  

The team wants to maintain the demand for BTR tokens by token repurchase.

Boosteroid

“After the platform is launched our service (exchange service that accepts BTR and USD as a payment for computing power rent – note.)  will automatically receive money from users who pay for Boosteroid computing power and use this money to purchase tokens on the exchange – told CEO.

You can follow the ICO and join it here (https://boosteroid.com/).

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AppCoins — Revolutionizing the App Economy

Cryptocurrencies and their underlying blockchain technology have given rise to the concept of decentralized applications. These decentralized applications, for all practical purposes, serve a range of functions, some of which are already being catered to by conventional internet applications, but with lots of additional benefits.

The decentralized applications, popularly referred to as Dapps, make use of smart contracts coded on cryptocurrency blockchain to automate various processes. At the same time, the immutability and transparency offered by distributed ledger make it easier to store, manage and distribute relevant information across the network. And then there is an entire economy created around the applications which are driven by cryptocurrency (tokens).

While there are some of the well-established blockchain solutions or protocols that make Dapps development easier, there aren’t many that are created keeping app economy in mind. However, AppCoins begs to differ. The cryptocurrency for app stores will be made available to 200 million users from day one and is currently in the midst of its ICO Pre Sale.

AppCoins is in the process of revolutionizing the app economy, by offering unprecedented levels of transparency and efficiency. By introducing a simplified monetization structure, the platform ensures that developers and advertisers are in direct contact over blockchain protocol, eliminating the need for Adtech and payment intermediaries. By doing so, the platform allows app developers to earn more than ever and advertisers to benefit from substantially lower ad costs.

In addition, AppCoins promises a much safer environment for app discovery: since all information is stored on the blockchain, the reputation of app developers will be built through their transactional history across app stores. This eliminates the current opacity around app approval, while automating the process.

The use of cryptocurrency will also bring users all around the world new app purchasing possibilities: apart from being able to earn AppCoins by engaging with sponsored apps, users will also be able to transfer AppCoins to each other. This will create a new incentive system for discovering apps and will enable the world’s 2 billion individuals without online payment methods to make in-app purchases (such as game upgrades) for the first time.

The creators of AppCoins, Aptoide have one of the largest app stores worldwide dedicated to the users of Android-powered devices. With over 12,000 developers and 200 million users signed up, Aptoide app store has witnessed over 4 billion app downloads, and it has entered into partnerships with some of the leading mobile phone manufacturers. Its global presence as an Android marketplace has given the App Store valuable insights with regard to the needs of the current app store model, leading it to develop a solution that could bring unforeseen value to users, developers and manufacturers.

As Aptoide continues to improve the ecosystem, it is presently raising funds through an ongoing ICO, which is now at pre-sale stage. Further encouraging the potential participants, the platform is also offering a 30% discount during the pre-sale, that is set to end in the next 3 days.

More information about the platform and token sale, visit — Appcoins.io

For more information talk with the Appcoins team on Telegram

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