Day: January 14, 2018

Projects Districts, the world’s first fully decentralized virtual ecosystem designed to project real-world and ethereal experiences to users, is now making the headlines on a regular basis. After attending the just concluded Dubai International Blockchain Summit, the team is all set to take part in the North American Bitcoin Conference scheduled to be held in Miami on January 18th and 19th 2018.

January 10, 2018: Blockchain Technology LLC, one of the earliest blockchain startups in the Gulf States, is pleased to announce that their team Project Districts will participate in the upcoming North American Bitcoin Conference. Project Districts was also one of the attendees at the just concluded Dubai International Blockchain Summit. The North American Bitcoin Conference will take place in Miami on January 18th and 19th 2018, bringing together all the major players of the industry and showcasing ICOs as the next big thing in the in the crypto-currency community.

Project Districts was created by Blockchain Technology LLC out of their passion for creating a system that will help overcome the traditional barriers to innovation by providing the necessary tools for transforming ideas into workable solutions. This goal was accomplished by the Districts development team by leveraging the core efficiencies of two groundbreaking technologies, the blockchain and Virtual Reality.

The first ever synergistic manipulation of the Blockchain and Virtual Reality, Project Districts allows the integration of a diverse range of functionalities into the Districts 3D world. The goal of Project Districts is to be the world’s first ubiquitous interface for propagating traditional and ethereal experiences to both the common and technology savvy internet user.

3DCoin, Project Districts’ own cryptocurrency based on the bitcoin and dash source code and updated by a new smart script, serves as the official medium of transaction in the Districts ecosystem. The 3DCoin blockchain utilizes a set of public key cryptographic methods to further enhance its safety and allows the use of the already existent keys from sister cryptocurrencies or from any other system.

Following the recent launch of the ICO by Project Districts, the demand for 3DCoin has skyrocketed. Some of the key advantages of the new generation 3DCoin blockchain are scalability, fast confirmation, 3D Dapps, user-friendly interface, low transaction fees, safety layer for developers, programmable contracts, secure mining, instant transactions, and more. Given its fiat nature in the 3D world, 2018 certainly promises to be a great year for this new cryptocurrency.

Though the experts have predicted an immense potential for the VR/AR market, the existing VR/AR frameworks, in general, are complex to use, expensive to set up, and rather limited in terms of their applications. Built on a robust P2P system, Districts 3D world looks to cut down the traditional costs associated with setting up and running an AR/VR based ecosystem. Project Districts also comes with its own Districts Visual Studio (DVS), a specialized development module that bridges the technical gap between the 3D world and its users. This versatile ecosystem is poised to deliver efficient solutions to multiple sectors including retail, gaming, real estate, education, healthcare, application development, advertisement, and much more.

Highlighting their experience at the Dubai International Blockchain Summit, a senior team member stated, “It was an excellent opportunity for us to showcase Project Districts as the world’s first fully decentralized virtual ecosystem that can be used to develop content, applications, and share experiences for personal, public and commercial use. The team also benefited immensely by interacting with some of the most renowned personalities in the blockchain space.”

“With the North American Bitcoin Conference just around the corner, we are excited about yet another rewarding experience. This two-day event promises to be the most important blockchain conference of the year, and we are looking forward to making it a grand success for Project Districts,” he added.

To find out more about Project Districts, please visit https://districts.io/en/

About Project Districts

A brainchild of Blockchain Technology LLC, Project Districts is an unlimited Virtual Representation of the real world.  This is an efficient system that will help overcome the traditional barriers to innovation by providing the necessary tools for transforming ideas into workable solutions. Project Districts has been created by combining the core efficiencies of the blockchain and Virtual Reality.

Contact: Mohamed Zakaria Samai
Website: https://districts.io/en/
Email: [email protected]

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• Join the BCDiploma’s presale before January 18th –

 In order to ensure the quality of training, BCDiploma and Avenir Santé Afrique (ASA) in cooperation with African training institutions, are partnering to set up an innovative certification and authentication tool for diplomas.

From 2018, Avenir Santé Afrique will deploy BCDiploma in Niger and sub-Saharan Africa.

This service will enable Africa to provide a recognized level of education and training to its 2 billion people predicted for 2040. By that date, Africa will represent 1 out of 5 workers on the planet and will be a global growth driver with an average growth rate of 6% per year.

Avenir Santé Afrique was founded by African and French health professionals.
Thanks to digital technology and managerial innovation, ASA facilitates and improves access to healthcare in Africa by establishing:
•           Connected health cells of orientation and prevention (CSCOP);
•           A personalized medical follow-up thanks to the integrated health record (DSI);
•           An interoperable information system;
•           A connected network of health professionals and facilities.

Avenir Santé Afrique, an approved player and privileged partner of the public authorities, manufacturers, laboratories and equipment manufacturers in Niger and many sub-Saharan countries, has decided to deploy BCDiploma in the following fields:
•           Health professionals’ certification process (faculties, schools and training institutes);
•           Approved data certification.

Vincent Tossa, CEO of Avenir Santé Afrique: “The convergence with BCDiploma will facilitate our recruitment process and ensure the quality of our staff. This will enable us to: show a high-performance level of patient orientation, improve the health system level in African countries and restore confidence in the global health system.”

Luc Jarry-Lacombe, CEO of BCDiploma: “The synergies between Avenir Santé Afrique and BCDiploma are huge: Avenir Santé Afrique has understood from the outset that BCDiploma answers the question of a certification service with sustainable, large-scale, reliable and cost-controlled deployment. Above all, Avenir Santé Afrique decided to use BCDiploma not only for certifications of medical staff, but also for certifications of data related to approved places, imported equipment, etc. This is the full potential of BCDiploma that we see here in action! Avenir Santé Afrique and BCDiploma have decided to put the blockchain at the heart of the African progress. Join the BCDiploma’s presale before January 18th!”

Any questions?The BCDiploma team is available on Telegram

More information?www.bcdiploma.com and http://as-afrique.org/
 Check BCDiploma Whitepaper
Follow BCDiploma on Twitter

 
Media Contact

Contact Name: Raphael Frayssinet
Contact email: [email protected]

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Debitum Network, a business financing blockchain startup, is quickly emerging as a robust small business finance solution that promises to eliminate the need for the highly over-regulated intermediaries. This project has just completed a successful crowdsale campaign and has recently clinched the first place in both jury and audience in the prestigious d10e ICO Pitch Award.

12^th January 2018: Debitum Network continues its dream run towards achieving its mission towards building a decentralized, safe, and transparent ecosystem for micro, small, and medium business financing. An innovative funding platform based on the Ethereum blockchain, Debitum Network strives to free the SMEs around the world from the middlemen and provide them financing opportunities that have always been out of bounds to them.

Almost all small businesses around the world suffer from the common problem of limited or no access to credit. According to the World Bank, in 2017, approximately 70% of all micro and small to medium size businesses in emerging markets lacked access to credit. It’s argued by many experts that the highly constrained and strict regulations of the banks and financial institutions are intended to restrict the SMEs from receiving funds from international or individual investors. This lopsided business lending scenario has led to a currently estimated credit gap of $2 trillion.

Debitum Network was created with the belief that the only way to overcome the inadequacies of the existing funding system is to build a hub that brings together the local players for resource sharing. Built as a hybrid platform, Debitum Network unites the borrowers with the lenders, risk assessors, document validators, insurers, etc. It is a secure and incorruptible infrastructure, as all actions are processed through the Ethereum Blockchain.  Businesses can utilize this service in their locality and from day one because all transactions are run through fiat currencies.

The Debitum Network project is the brainchild of a highly proficient team of experts with a wealth of experience in alternative financing platforms. They have already developed a functional Minimum Viable Product (MVP) in which the full blockchain infrastructure runs on ETH, based on real financing requests from the SMEs.

“We believe that small companies must have fair opportunities to connect investors from any part of the world and then utilize their investments. We have experienced this need ourselves while developing successful IT and alternative finance businesses,” says Debitum Network Co-founder Martins Liberts. “We feel that now it’s time for us to share our experience and to help other companies grow. We are proudly creating an instrument which provides equal growth opportunities for different size businesses,”

All transactions on the Debitum Network will be fuelled by the Debitum (DEB) token. As the Debitum eco-system becomes more widespread, this token is expected to become a sustainable cryptocurrency with a growing value over time. In a recently concluded token crowdsale campaign, the project has successfully raised $1.2 million in the round A.

Debitum Network hit the headlines in October 2017, when they got the better of one hundred and twenty other participants to win the jury and audience awards in the highly rated ICO Pitch Competition at d10e Gibraltar. In the history of this leading international conference on decentralization, Debitum Network is the first project ever to clinch both these awards. The project has also received a 10/10 rating from Clif High, the renowned data mining expert and the creator of the Web Bot computer program.

• Quarter 1:  Expanding the Debitum Network team to prepare for global expansion
• Quarter 2:  Establishing Debitum Network in the first target country
• Quarter 3: Testing and auditing Debitum Network 1.0 before public launch
• Quarter 4: Develop the Debitum Network ecosystem version 1.0 with manual on-boarding of asset generators, investors and additional service providers

To find out more about Debitum Network, please visit https://debitum.network/

About Debitum Network: Debitum Network is a decentralized, safe, and transparent financing ecosystem dedicated to creating easy financing opportunities for the SMEs by eliminating the intermediaries from the system. It has been designed to unite the borrowers with those who help them apply, such as the investors (lenders), risk assessors, document validators, insurers, etc. All actions are processed through the Ethereum Blockchain, making Debitum Network a secure and incorruptible infrastructure.

Contact: Aurimas Nenorta
Website: https://debitum.network/
Email: [email protected]

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After announcing a Swiss branch, Chinese bitcoin mining giant Bitmain is reportedly looking at a second expansion into Quebec.

Key Highlights

• Ripple price remains in a bearish trend below the $2.00 handle against the US Dollar.
• There is a declining channel forming with current resistance at $1.90 on the hourly chart of the XRP/USD pair (data source from Kraken).
• The pair is currently in a declining mode and it could test the $1.70 support area in the near term.

Ripple price is struggling to recover against the US Dollar and Bitcoin. XRP/USD has to move above the $2.00 level to overcome the current selling pressure.

Ripple Price Resistance

After a minor correction above the $2.20 level, Ripple price struggled to move further higher against the US Dollar. The price failed to stay above the $2.00 support and made a downside move. It traded below the $1.9870 support as well key $1.9500 level. Moreover, there was a break below the 50% Fib retracement level of the last wave from the $1.5132 low to $2.4956 high.

There is clearly a lot of pressure on XRP and it seems like the price could decline further towards $1.70. At the moment, there is a declining channel forming with current resistance at $1.90 on the hourly chart of the XRP/USD pair. The pair is facing a lot of sellers and it could remain below $1.95-2.00 levels in the short term. On the downside, an initial support is around the 76.4% Fib retracement level of the last wave from the $1.5132 low to $2.4956 high.

It seems like the pair is poised to test the $1.70 level in the near term. On the upside, a break above the $2.00 level is must for more gains. Moreover, the 100 hourly simple moving average is at $2.05 to prevent upsides.

Looking at the technical indicators:

Hourly MACD – The MACD for XRP/USD is moving slowly in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is currently just below the 50 level.

Major Support Level – $1.70

Major Resistance Level – $2.00

Charts courtesy – Trading View, Kraken

The post Ripple Price Technical Analysis – XRP/USD Decline to Extend appeared first on NewsBTC.

Trust in companies is currently at an all-time low because of the constant pressure to lower costs in order to increase margins. To combat this, many companies are looking for ways to increase the level of trust their customers have in them. One way they’ve thought of doing this is by using technology to document the flow of goods through their supply chain.

Trust as a pain point

As a customer, a constant worry when making any purchase is that the good will be counterfeit, or not up to the standard one expects when making said purchase. Until now, companies had to rely on the strength of their brand to build this trust in their supply chain. When customers buy Armani clothes or Jimmy Choo shoes, they are assuming that the good is representative of what should be expected from the brand.

But what if there were another way to verify the quality of the end product without needing to make your customer blindly trust in your brand? The answer comes from the power of Blockchain technology to identify and track your goods through the entire supply chain. When you have multiple parties participating, such as the manufacturer, distributor, retailer and the consumer, it helps to have a digitized method of building consensus in a supply chain.

Your food is an asset too

Although not as valuable an “asset,” these ideas can also be applied in the context of food safety. Food safety has long been an issue in China, and this extends around the world. Contamination is a major worry as death or illness can result from improper handling of food. It is not always possible to verify the quality of the original goods and most of the current processes are executed by manpower, which can be tampered with.

For regulators, this makes things much easier to track and measure than any of the previously offered solutions. There would then be a method of tracking the status of each product in the supply chain and transactions could more easily be monitored. Companies will love this because they can measure the upstream and downstream effect of any modifications they make to their supply chain, and consumers will be grateful for a method by which they can establish a trust in the system.

How would this system work?

The general framework of the system would be to have information tracking occur all through the supply chain, which would then result in the recording of each transaction on the Blockchain by using rules or encryption methods. One of the key defining features of Blockchains is their ability to prevent data forgery using open and immutable protocols to store all the information.

In this specific use case, a commodity code would be established for each item, which would be stored as an encrypted string in a “one code, one item” method. Smartphones or sensor equipment would identify the commodity as it progressed through the supply chain, resulting in a transparent sharing process.

As a pain point to many different industries, the tracking and management of assets need a Blockchain solution that is robust and able to handle all manner of assets. ACChain has put together a protocol that works towards the efficient digitization of many different assets. Their goal is to help traditional businesses reconstruct the way in which they handle their production and marketing.

Once trust becomes a guarantee for a company, they don’t have to work as hard to market, and instead need to up their game in terms of production, since the consumer will be able to easily verify the quality of goods.

Conclusion

A token pre-sale is forthcoming for ACChain. Their end goal is to find ways to build trust in every supply chain. The distributed ledger which it will run upon will guarantee the safe information flow and asset flow tracking while keeping the whole process open and transparent.

From there, asset confirmation and transaction verification will be simple to handle. The end result will be a robust system for many companies to depend upon. Regulators and consumers will benefit from this system as well, and a major pain point in the economy will be settled.

The post What Happens When You Use Blockchain to Fix the Food Industry appeared first on NewsBTC.

There will always be winners and losers in the crypto race, and while most altcoins are still flying high from levels a couple of months ago, some tend to stand out in the crowd. NEO is one of those coins that has remained bullish when the bears have influenced the rest. Last week saw a huge sell off on the back of FUD and fake news out of South Korea. There was no crypto ban in the Southeast Asian nation despite some leading news agencies reporting so. What actually transpired was a ban on anonymous trading accounts to prevent illegal activities such as money laundering.

Altcoins, which are traded heavily in South Korea, fell across the board last week however NEO remained strong and continued upwards. The Chinese Ethereum as it is often called reached a new record high just a couple of hours ago during the Asian trading session. According to Coinmarketcap, which no longer includes Korean exchanges, it climbed to $176, up over 90% from the $92 it traded for at the start of last week.

NEO has weathered the digital storm and remained in a steady uptrend for the past month; it is often seen as being more stable than many of the other altcoins which are frequently pumped and dumped. NEO is traded primarily on Binance with almost 40% share, followed by Bittrex taking around 12%. Total market capacity sits at just over $10 billion at the time of writing with 24 hour volume at $720 million according to Coinmarketcap.

NEO DevCon
While most new projects still use Ethereum as their primary platform NEO is gaining momentum, especially in China where it already has a number of partners. A developer conference has been planned for the end of January in San Francisco where, according to their website, the community plans to come together;

“With multiple sessions and workshops NEO DevCon is bringing the NEO community together for a 2-day conference full of innovative ideas and projects, featuring many top speakers from the Blockchain space.”

Key speakers will include founder Da Hongfei. Further events have recently taken place in Amsterdam and Shanghai where developers and blockchain experts have lectured on the merits of the NEO Smart Economy. At the time of writing NEO was trading at $156, up over 12% on the day.

The post NEO reaches record high appeared first on NewsBTC.

Key Highlights

• ETH price started a downside correction from the $1415 swing high against the US Dollar.
• There was a break above a key bearish trend line with resistance at $1310 on the hourly chart of ETH/USD (data feed via SimpleFX).
• The pair has to stay above the $1290-1300 levels to stay in the bullish zone for an upside move.

Ethereum price is still in the bullish zone against the US Dollar and Bitcoin. ETH/USD could continue to move higher back towards the $1360 level.

Ethereum Price Support

There was a decent movement in ETH price above the $1300 level against the US Dollar. The price started a minor downside correction after trading as high as $1415. It traded lower and moved below the $1360 and $1300 support levels. However, the downside move was protected by the $1260 level and the 100 hourly simple moving average. Later, the price started moving higher and was able to move back above the $1300 level.

There was a break above the 38.2% Fib retracement level of the last decline from the $1415 high to $1260 low. Moreover, there was a break above a key bearish trend line with resistance at $1310 on the hourly chart of ETH/USD. The pair is now trading nicely above the $1300 level and the 100 hourly simple moving average. On the downside, there is a bullish trend line with support at $1298. As long as the price is above the $1298 level and the 100 hourly simple moving average, it remains in an uptrend.

On the upside, the price has to close above the 61.8% Fib retracement level of the last decline from the $1415 high to $1260 low at $1350. The overall bias is positive above the $1298-1300 levels.

Hourly MACD – The MACD is slowly moving back in the bullish zone.

Hourly RSI – The RSI is currently just below the 50 level.

Major Support Level – $1300

Major Resistance Level – $1350

Charts courtesy – SimpleFX

The post Ethereum Price Technical Analysis – Can ETH/USD Hold $1300? appeared first on NewsBTC.

As new enthusiasts enter the cryptocurrency markets, one developer wants to make bitcoin’s divisibility really stand out by coining the term “bits.”

As NEM tests $1.5, other high cap alt coins continue to consolidate. IOTA leads the pack while DASH and LTC follow closely but all of them wide lower and upper limits.

As for Lumens, buyers can only take charge the moment they satisfactorily close above $0.7.

Let’s have a look at other alt coin charts

NEM TESTS $1.5 AND TURN LOWER

The swings continue with NEM. Last week’s was a fruitful week for sellers and as prices continue to consolidate at around key support levels, we shall be watching two levels defined before last week.

That is how price action reacts at $1.13 and $1.33. Depending on how prices react, $1.13 will be our main support line.

On the contrary, if there is a bounce, then double bottoms will form especially if prices close above the middle BB as it winds up towards $1.33.

There is nothing concrete or definitive here, just potentials.

Nevertheless, our buy triggers happen when price clear $1.5 and sellers are in charge if NEM drop past $1.13. So, let’s wait and see what happens today.

AS LUMENS REVERSE FROM 61.8%, LONG TRIGGERS SHOULD BE ABOVE $0.7

Even though there was a little bit of XLM depreciation over the weekend, we just have to give it up to Fibonacci retracements. From the tool, we can easily notice the significance of its key levels.

Previously, we saw this clean reversal from 78.6%, XLM inched higher, got bumped at 38.2% and now, that spring from 61.8% is just classic. Regardless of the potentials, we shall not rush.

Let’s wait for the confirmation of that double bar reversal pattern.

Overly, the trend is up and for risk-averse traders, they should wait for a close above $0.7 or the 38.2% Fibonacci retracement level before increasing their net longs.

IOTA ACCUMULATION CONTINUES

Here’s the thing with IOTA, it’s still consolidating and the longer the squeeze-visible in higher time frames, the stronger the break out.

In fact, this looks like a copy paste version of LTCBTC. Because of this, I’m not recommending shorts or longs.

The best approach is not to chase prices, first we want to see where the drift will take us and any break out, irrespective of the direction, is where we trade with.

DASH PRICES MOVING INSIDE A WEDGE

Like IOTA and other bunch of pairs, DASH is in consolidation mode but the only different is the margin of trade. Judging from the upper and lower limits, the height of this consolidation is roughly $330 and $1250 stands out.

Historically, it’s now wise to chase prices lest you get burnt so I’m going to draw two trend lines connecting recent highs and low and the result is that wedge you are seeing.

Now, it’s going to be a race between buyers and sellers. But I’m seeing strong support given the distance between the minor support trend line and main support line at $940 vis a vis the resistance trend line and the main resistance line at $1250.

LTC SUPPORT LIES AT $210

Over a week or so, LTC has been in consolidation mode but those higher highs are visible.

Currently, caution applies and my muzzle is not directed at buyers or sellers. It depends on momentum.

It going to be simple and with such a wide trading range-$60+, I will sit and wait for sellers or buyers to take charge and pull my triggers.

All charts courtesy of Trading View

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