Day: January 15, 2018

It may be fair to compare what cryptocurrency and blockchains are going through to the 1990s dotcom bubble, but not to the 2000s housing bubble.

Using Blockchain technology to provide IaaS is shifting how companies manage their network. #SPONSORED

A blogger who made millions from cryptocurrency trading is now bankrupt after a giant theft. #NEWS

Let’s see.

The post BlackWallet Hacked: Warns Stellar Community Not to Log In to Site appeared first on Bitcoin Magazine.

3D-Token Attains ICO Soft Cap Earlier Than Targeted Date and Is Now Launching the Development of its Robots’ Network Through The Affiliation Of New Hubs

3D-Token is running on the back of an already existing business (Politronica srl) and a highly-experienced award-winning team. Politronica is a spin-off company of the Italian University “Politecnico di Torino.”

The 3D-Token sale was launched on the 18th of December, 2017 and is to run through to the 11th of February, 2018 but already, remarkable strides are being recorded. The ICO soft cap was reached on the 28th of December, just 10 days into the campaign with over 1 million dollars realized.

In order to sustain the fast development of its business, Politronica is starting from now to offer a free of charge lease of 3 Qubit3D machines (an FDM 3D-Printing Robot developed with proprietary technology) per affiliated Hub, and proposes to the affiliate to work for its Network and to take part of the just-in-time manufacturing revolution. Politronica will provide the affiliate with the bioplastic material necessary for the manufacturing projects at its expense, granting the affiliate a fee of $ 2 for each printing hour executed (paid in Ether).

For more information about the Robots’ Network and how to join it, please contact: [email protected]

Meanwhile, 3D-Token ICO is running with an interesting Bonus, if you wish to Join The Project, please click here

The post 3D-Token ICO Attains Soft Cap and Launches Network Hubs’ Affiliation Program appeared first on NewsBTC.

Penske Logistics has become the latest company to join the Blockchain in Transport Alliance.

Singapore is evolving to become a Smart Nation, bringing new, lucrative opportunities for investors in various sectors. The evolution of electronic payment systems in Singapore presents a great opportunity to expand to a growing and prosperous payment market in Asia. The untapped e-payment market in Singapore allows new payment platforms to thrive successfully, especially those integrating fresh technologies and concepts such as cryptocurrencies within their ecosystems. There remains much potential in this untapped e-payments market.

A Ready Market

The mobile payment market of Singapore is way ahead of other regional markets. Singapore’s population is more willing to embrace and adopt new technology in both electronic and mobile payments, than Philippines, Malaysia, Vietnam, and Thailand. Every Singaporean owns 3.3 mobile devices including smartphones, suggesting a high penetration rate for mobile devices being used to carry out daily activities.

Even in the presence of a huge pool of potential users, the market doesn’t have a dedicated integrated payments platform that embraces the trends found on mature footholds globally.  Singapore has become one of the hubs for cryptocurrencies due to its fintech-friendly environment, government grants and accommodative status towards ICOs. It is an important and advanced source for various fintech firms to develop their business platforms.

However, the lack of a true third generation digital wallet combining integrative services in Singapore hence comes as a surprise.

How it Works?

SGPay is a 3^rd generation e-wallet and e-payment mobile application that lets users trade cryptocurrencies, together with e-payments to make their purchases. SGPay‘s platform intends to be a leading e-payment and e-wallet mobile app for residents of Singapore and in neighboring regions. The users of the platform can pay for their movie tickets, groceries, flights and more, by selecting their preferred payment mode, either in fiat (through e-payments) or cryptocurrency.

Such an All-In-One (AIO) payments platform will make the usage of cryptocurrencies much more accessible to locals. It’s powerful APIs which tie-in with other services would make the platform popular as well as valuable. Tie-ups with virtual shopping malls and platforms such as Lazada and Carousell will also vastly increase the value-add of such a platform.

Ultimately, the creation of a third generation wallet would bring Singapore and SGPay alongside such heavyweights as PayTM in India and AliPay in China.

SGPay will have its own ERC-20 compliant utility token called SGPay Token (SGP). By holding tokens, the token holders gain benefits like lower transaction fee when buying and selling cryptocurrencies on SGPay platform. Token holders can also use SGPs for transactions on the platform. Tokens are also used to incentivize merchants who partner with SGPay, in the form of free cost-targeted advertising on the platform.

Following are the core features of SGPay:

• Compatibility with Android and Apple iOS
• Decentralized SGPay tokens on the blockchain
• ‘Cold-Storage’ style wallet protects 99% of crypto-assets saved
• Support for cryptocurrencies like the SGPay Token, Bitcoin, Ether
• Deposit/withdrawal of Singapore Dollar funds
• APIs support merchant and user funds exchange
• Full access for users over their private keys
• Debit and credit cards acceptance
• In-built monetized reward system
• QR code payment support in accordance with the new SGQR standard
• Future Support for local cryptocurrencies like Kyber Network Crystals, Zilliqa Tokens etc.
• Integrated services such as an online mall, insurance services, disruptive rental services ‘sharing economy’ for bikes and cars etc.

SGPay Token Generation Event (TGE)

Only around 2 million SGPay tokens at US$0.40 each will be issued during the pre-contribution period that is from 1st to 14th February 2018. The main contribution period will be held from 1st to 31st March 2018 and will have a further 8 million tokens at US$0.50 each available. Investors will be able to purchase the tokens via ETH and Fiat (SGD & USD) currencies.

The SGPay TGE will have a relatively small hard cap of just US$4.8m.

To know more about SGPay platform and participate in its upcoming TGE, please visit http://www.sgpay.org.

The post SGPay All Set to Capture the Growing E-Payments Market in Asia Pacific appeared first on NewsBTC.

Pay less and discover more: buy tickets to Blockchain & Bitcoin Conference in Manila with 50% discount  

Only from 15 to 17 January, register to Blockchain & Bitcoin Conference Philippines and get a ticket with a 50% discount.

Pretty soon, on January 25, Manila will host the largest conference dedicated to blockchain technology and cryptocurrencies – Blockchain & Bitcoin Conference Philippines.

The best industry professionals will share their experience and talk about major sectors and relevant trends in the FinTech industry, including the following:

• legal regulation of blockchain and cryptocurrencies;
• economy of initial coin offering;
• special features of cryptocurrency operations;
• application of blockchain in various business areas.

Besides presentations, guests will be also able to attend an exhibition zone with top solutions for the blockchain industry.

One of the crucial aspects of B&BC Philippines is networking. Everyone interested will be able to find new business acquaintances and to communicate with speakers.

Your discount

You can buy tickets for 7500 PHP instead of 15 000 PHP only on 15, 16 and 17 of January!

To activate the discount, enter the promotion code – phil50 – and register to Blockchain & Bitcoin Conference Philippines!   

Media Contact

Nick Besedin
PR-manager
ICO Events, Blockchain & Bitcoin Conferences
E-mail: [email protected]

The post Only three days – 15, 16 and 17 of January: 50% discount on Blockchain & Bitcoin Conference Philippines appeared first on NewsBTC.

Venezuelan President calls for cooperation among 10 South American countries to back the Petro, his new oil-backed digital currency. #NEWS

Cryptocurrency enthusiasts will have noticed that a lot of changes are happening outside of the “top 10”. Whereas it was rather difficult for altcoins to reach a US$1 billion market cap a year ago, things have taken an interesting turn in recent months. A lot of projects are now valued at multiple billions of dollars, even though some of them remain an absolute mystery to newcomers. Qtum, for example, is a very remarkable project, but it seems there is hardly any talk about what its team is trying to achieve.

What is the Qtum Project all About?

There are many reasons as to why people seemingly ignore projects which make little to no sense at first. After all, every blockchain-related concept has its own native currency these days. While this growth is rather spectacular, it also seems to blur the lines a bit. A lot of projects are alike, but there are subtle differences to be discovered if you look closely. Qtum is not just another business-oriented blockchain project, as it targets a very specific market. As a result, the project is currently valued at over US$3.65 billion, which is impressive.

The Qtum team mainly focuses on helping businesses build decentralized applications. More specifically, they look to build solutions which can be executed on mobile devices. All of these applications also have to be compatible with major existing blockchain ecosystems. It sounds like quite an ambitious mouthful, but the team has been working hard to make this vision come true. There are plenty of business-related opportunities to explore with blockchain technology.

Building a decentralized application which requires no trust is a lot harder than it may sound. The fact that something is decentralized doesn’t make it trustless by default. Qtum uses a modified Bitcoin Core infrastructure combined with a slightly altered version of the Ethereum Virtual Machine. As a result, businesses get the reliability of Bitcoin’s blockchain combined with smart contract technology and other technical features found in Ethereum. The main focus is on stability, interoperability, and modularity.

Furthermore, the decentralized applications built with Qtum are designed to be compatible with major blockchain ecosystems. That alone is a big step forward, as we need more blockchains to work together and strengthen the ecosystem as a whole. Additionally, these applications have native support for both mobile and Internet of Things devices, which is a smart approach. Both mobile and IoT are booming as we speak, and the use of blockchain-based solutions in those industries is inevitable at this rate.

Looking at the current list of DApps running on top of the Qtum infrastructure, it is evident that developers have taken a great interest in what this platform has to offer. With over 20 DApps already available or in development as we speak, things are certainly looking rather interesting. Some of the more notable applications include Beechat, Matchpool, Pundi X, and Energo. These applications seem to tackle very different industries, although they are in various stages of development.

Like most other cryptocurrencies, the Qtum nodemap shows a decent degree of decentralization. One thing some people might worry about is that South Korea has nearly 1,000 of the 2,362 nodes right now. China adds another 215 nodes, whereas the US is home to 563 network nodes. All things considered, this project seems to be off to a good start, but there is more work to be done. It is well worth keeping an eye on Qtum, even though it seems to be flying below most people’s radar right now.

A hacker stole more than $400,000 in Stellar lumens after compromising the digital wallet provider BlackWallet.