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RealChain to Disrupt the Luxury Goods Purchasing of the Future

RealChain Foundation Ltd. has recently announced the launch of RealChain ecosystem, a blend of blockchain’s decentralized system and Artificial Intelligence (AI) image recognition technology. The platform’s concept is set to have futuristic implications for high-end consumer good’ purchasing based on blockchain & collection identification data center. The company’s RealChain Token (RCT) is being traded on … Continue reading RealChain to Disrupt the Luxury Goods Purchasing of the Future

The post RealChain to Disrupt the Luxury Goods Purchasing of the Future appeared first on NewsBTC.

RealChain Foundation Ltd. has recently announced the launch of RealChain ecosystem, a blend of blockchain’s decentralized system and Artificial Intelligence (AI) image recognition technology. The platform’s concept is set to have futuristic implications for high-end consumer good’ purchasing based on blockchain & collection identification data center. The company’s RealChain Token (RCT) is being traded on the leading global exchange platform www.okex.com.

The Background

We recently came across one of the news headlines saying, “Man Sold Millions in Counterfeit Luxury Goods at West Miami Business”, where the Police found the person in possession of over $9.6 million worth in counterfeit merchandise. He was selling counterfeit designer clothing and jewelry out of a showroom in the rear of his business.

Cases like this imply the need for an idealized global luxury, jewelry and artwork trading system that is based on a fair, open and transparent product information as well as highly efficient trading environment. And this is what RealChain aims for; i.e. to solve the problems faced by consumers and law enforcement agencies. Cases like the one in Miami can be avoided with an ecosystem like RealChain that is able to catch these counterfeits before damage was done. RealChain is a great tool to assist law enforcement agencies and protect consumers.

RealChain intends to improve transaction transparency and reduce fraud risk and transaction cost by blockchain technology and AI technology in the trading scene of luxury goods, jewelry and art.

The Exclusive Features of RealChain

  • Fully Trusted Authentication Service: RealChain achieves full de-trust through block chains: there is no need to trust other participants and there is no centralization of single point failures.
  • Distributed Identification Ecology: The mobile terminals provided by RealChain will make each institution and appraiser form an independent node, thereby greatly reducing the connection cost.
  • Incentive Mechanism Realized by Encrypted Tokens: Once the user’s uploaded data is utilized, they will automatically get RealChain’s tokens RCT.
  • Information Desensitization: The user data on RealChain is determined by the user’s own open permissions.
  • Transaction Efficiency: The blockchain technology fully meets the needs of real scene tracking and inspection of real information, like multiple party confirmation, transparent accounts, and non-modified historical records.

The Real-Life Application Analysis

RealChain aims to solve the following industry pain points:

  • High-end consumer goods trading fraud
  • Low efficiency on appraisal and evaluation
  • Information opaqueness

RealChain does not simply track the origins of consumer goods for authentication purposes but also authenticates the components and properties of consumer goods, checks the identities of commodity goods, and tests the “DNA” of the goods. Also, the blockchain technology solves the problem of information opaqueness and builds a fully decentralized system.

The Mechanism

RealChain helps the RealChain foundation accreditation agencies and the individual agencies upload their consumer goods or component information on RealChain.

When end-users need to authenticate their goods, they can use RC smart hardware or simply a mobile app to collect the goods’ information to be authenticated and send to the RC service system.

Hence, users can compare their goods with the ones from the agencies who originally upload the same goods, in order to determine the authenticity.

The RealChain Token (RCT)

The RealChain token (RCT) is the native crypto token currency created to be integrated with and used on the RealChain network, or on its decentralized applications. RCT circulates in between agencies. RCTs are paid to authorized institutions when uploading files to generate digital anti-fake labels. Appraisal agencies who use the RealChain database will pay in RCT for using the platform.

The Strategic Partnership Between RealChain & TaoDangPu (TDP)

TDP is the first user of the RealChain system, and there will be more institutions like TDP to connect to RealChain. In addition, RealChain has recently published a White Paper in collaboration with TaoDangPu Co. Limited, its strategic cooperation company.

Sharing his deep overview regarding the real-life application of the RealChain platform, Mr. Yi Wang, the CEO of TaoDangPu, says,

“As frauds become better, there are more convincing counterfeit goods on the market. RealChain aims to solve this industry pain point. Realchain authenticates the components and properties of consumer goods. RealChain checks the identities of commodity goods, and test the “DNA” of the goods”.

TaoDangPu was formed in March 2013 as the world’s largest high-end consumer goods finance and service platforms. It collects borrowers’ appraisal requests from multiple channels and based on that, the amount of funds to be granted to the borrowers is decided.

About the partnership between TaoDangPu and RealChain, Wang says,

“TaoDangPu is RealChain’s strategic partner and we will be closely working together on many areas including smart hardware development and marketing”.

The Final Thought

Having real-time implications for solving the key pain points in trading of final luxury goods, jewelry and art, RealChain presents an attractive investment opportunity. Having world-class security, a bigger strategic cooperation partner having impressive market capital, and integration with AI and blockchain, RealChain expects to experience a great scope in future.

To know more about the platform and purchase RealChain tokens, please visit http://www.rcfund.org/en-US

The post RealChain to Disrupt the Luxury Goods Purchasing of the Future appeared first on NewsBTC.

Litecoin Price Analysis – Sails strong but an ill wind blows

Litecoin (LTC) is up over 100% since February 2nd. The market cap now stands at US$11.7 billion, with US$2.33 billion traded over the past 24 hours.LTC has consistent block times near 2.5 minutes, with very few unconfirmed transactions, and transaction…

Litecoin (LTC) is up over 100% since February 2nd. The market cap now stands at US$11.7 billion, with US$2.33 billion traded over the past 24 hours.LTC has consistent block times near 2.5 minutes, with very few unconfirmed transactions, and transactions per day have decreased sharply recently. The network value to estimated on-chain daily transactions (NVT) ratio has therefore reached historic lows.

Y-piece for e-Chat: Which Way to Take?

Not so long ago, the e-Chat team (e-Chat is a blockchain-based messenger) took up the matter with their investors of should they launch Ethereum network fork or not? If not, they keep up according to the roadmap of e-Chat development. Why did such a question even arose? Why have forks become so popular nowadays? The changes e-Chat is facing in case the fork finally happens are discussed in this post. The meaning of the word ‘fork’ is “when developers take a copy of source code from one software package and start independent development on it, creating a distinct and separate

Not so long ago, the e-Chat team (e-Chat is a blockchain-based messenger) took up the matter with their investors of should they launch Ethereum network fork or not? If not, they keep up according to the roadmap of e-Chat development. Why did such a question even arose? Why have forks become so popular nowadays? The changes e-Chat is facing in case the fork finally happens are discussed in this post.

The meaning of the word ‘fork’ is “when developers take a copy of source code from one software package and start independent development on it, creating a distinct and separate piece of software”. This is quite a common practice when free and open-source software is developed. It’s more than enough to have a look at Linux or Unix, projects that are not connected with the Blockchain technology, to understand that multiple forks we are witnessing right now are only the beginning.

 

Anyway, in case the cryptocurrency fork takes place other features worth mentioning are on the way. In case the group launching the fork builds the right marketing line and the community is truly engaged with the benefits the fork is providing, the fork receives massive capitalization and obtains a huge amount of users. According to Coinmarketcap data, the TOP-20 coins have 4 forkcoins among them: Gold, Ethereum Classic, Litecoin, Bitcoin Cash. Their common capitalization exceeds $40 bln. One must admit that it’s not bad for minor alterations of the open source software.

That’s the path e-Chat team has chosen. Aggressive marketing policy and a strong team are the two features that differ e-Chat startup from hundreds of others. Moreover, the project is actively supported by dozens of celebrities: ranging from American travel-bloggers (Jay Alvarrez) to the Russian presidency candidate (Xenia Sobchak)! Their appreciation fuels confidence that the fork will be supported by numerous exchange platforms, cryptowallets, and other services. If this happens, the fork will obtain hordes of followers and the coin price will rise. Anyway, the investors will surely benefit from the fork.

Apart from setting marketing goals, the team has prepared a number of technical alterations that will be implemented due to the creation of their own network instead of using ERC20 token standard. Decentralized messaging platform e-Chat has the following features:

  • Increased transaction speed
  • Ability to create your own tokens based on e-Chat platform with only two clicks
  • Ability to create decentralized apps based on e-Chat ecosystem

The company underlines: “Our users are giving us the directions for development and this is how it should be! That’s why we initiated the poll. If our community votes for the changes, we will make the fork come true!”

At the moment, e-Chat has launched a vote among investors in order to determine the further development path of the project, the team will change the concept in case if majority of investors vote for the fork.

Right now e-Chat is entering its 5th Stage of their 3rd Round of ICO that will last until February 15, 2018. The price for 1 ECHT during this time is $1.35.

Please, join the official chat to discuss pros and cons of the plausible fork: https://t.me/ico_eChat

Visit the official website of the project to get to know e-Chat latest news.


Unit 25A,

Wing Hing Commercial Building,

139 Wing Lok Street,

Sheung Wan, Hong Kong

+8 (528) 009-06441 – Hong Kong

https://investors.echat.io

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

The Hard Thing About Crypto Price Valuation

Without traditional fundamentals, investors must rely on a range of methods to value cryptocurrencies – some familiar, some novel, none foolproof.

Without traditional fundamentals, investors must rely on a range of methods to value cryptocurrencies – some familiar, some novel, none foolproof.

KEYRPTO, the new eBay of Crypto Marketplace

Today, e-commerce is the engine of global economy with a year on year growth rate of 23%. It should therefore rely on the most advanced and secure technological foundation, rather than the outdated technologies of yesterday. Despite the revolution of blockchain technology, hundreds of thousands of small business are still not able to trade with cryptocurrencies. Moreover, an increasing number of consumers are demanding a trusted platform to find good deals with crypto payment. KEYRPTO is a revolutionary blockchain-based e-commerce platform which allows small business to sell their products & services with any major cryptocurrency. KEYRPTO creates a low risk

Today, e-commerce is the engine of global economy with a year on year growth rate of 23%.

It should therefore rely on the most advanced and secure technological foundation, rather than the outdated technologies of yesterday.

Despite the revolution of blockchain technology, hundreds of thousands of small business are still not able to trade with cryptocurrencies. Moreover, an increasing number of consumers are demanding a trusted platform to find good deals with crypto payment.

KEYRPTO is a revolutionary blockchain-based e-commerce platform which allows small business to sell their products & services with any major cryptocurrency. KEYRPTO creates a low risk environment for buyers and sellers to exchange products with cryptocurrency by providing full payment protection and by delivering the product/service as a third party mediator.  Smart contracts are also fully integrated to make the transactions more transparent, secure and accessible. 

KEYRPTO’s main goal is to create a platform that allows small businesses to sell their products in exchange for major cryptocurrencies with simple, fast, secure and reliable transactions.

KEYRPTO will be the key to unlocking the door between e-commerce & cryptocurrency technology.

For more information, please visit www.keyrpto.com.

Watch our latest video: https://www.youtube.com/watch?v=LbhmzqY2w2o

New strategic Partnership

We are pleased to announce a new partnership between KEYRPTO and Afrimalin (www.Afrimalin.com). Afrimalin is a classified website with a large range of products and services focused on francophone African countries.  

“The partnership is surely an important step for us because we are aiming to grow in the e-commerce industry, introducing a simple, fast, secure and reliable crypto transactions. Developing strategic partnership with existing e-commerce platforms will allow us to grow much faster than expected!”. Commented Osama Morad, Founder of Keyrpto.

Keyrpto, known as the blockchain-based e-commerce platform, has a global expansion strategy and penetrating francophone African is the first stage of this plan.  

“I am thrilled to enter into strategic partnership with Keyrpto, and to also be appointed as an advisor. I met the team and was impressed by their vision and this is a key step to enable us to integrate cryptocurrency payments with Afrimalin.” Commented Thibault Launay, CEO of Afrimalin.

About Afrimalin:

Afrimalin is a free classified website with a large range of products and services (real estate, electronics, cars, jobs, etc…) focused on francophone Africa.

Afrimalin was founded in 2016 by serial entrepreneur Thibault Launay and Romain Girbal. It is already active in 8 African countries: Benin, Burkina Faso, Cameroon, DRC, Ivory Coast, Mali, Republic of Guinea and Senegal.

Simple, fast and free: Afrimalin has been created to facilitate transactions between buyers and sellers in a safe environment.  The platform is free to use and users can publish an ad in a few clicks only.

For more information, please visit www.Afrimalin.com.

The KYT Token 

We aim to enable the use of KYT token in the KEYRPTO platform by spending it on merchants or online store register fees on KEYRPTO. 

You can also sell the token in supported exchanges, privately or hold it for future use. The KEYRPTO platform will be an e-commerce exchange that will enable you to use the token and spend it independently. Moreover, using the KYT token on the KEYRPTO platform will have additional benefits to its growth.

Token Offering 

 

  • KEYRPTO has its own token
  • The KYT will be freely traded on crypto-exchanges
  • All tokens will be created during the ICO period
  • The number of tokens are limited to 1,000,000,000 KYT
  • Total tokens for sale 510,000,000 KYT
  • Unsold tokens during the ICO will be burnt
  • Team tokens will be locked for 1 year

 

Token Public Sale is Live Now until 27th February 2018

Don’t miss the chance to be part of the e-commerce evolution, join our ICO NOW here http://www.keyrpto.com!

 

  • Public Sale will end on February, 27th 2018 at 14:00 (UTC)
  • KYT = 0.01 US$
  • 1 ETH = 110,000 KYT
  • Hard Cap = 5,100,000 US$
  • Soft Cap = 3,000,000 US$

 

Official Communities:

Website – http://www.keyrpto.com

FAQ – http://www.keyrpto.com/static/faq.html

Telegram channel – t.me/KEYRPTOGroup

Twitter profile – http://www.twitter.com/Keyrpto

Reddit – http://www.reddit.com/r/Keyrpto/

Facebook Page – http://www.facebook.com/KeyrptoPage/

BitcoinTalk – http://www.bitcointalk.org/index.php?topic=2544095

Youtube video – https://youtu.be/LbhmzqY2w2o

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

Realista, the First Global Real Estate Platform

Next month, the public will be able to take part in Realista’s first Token Generation Event. This exciting opportunity will see RealistaToken (RET) implemented on the Ethereum Blockchain as a ERC-20 token set to raise USD $15 million. Company Background: Realista is the first global real estate platform. We are Melbourne based startup that launched in Australia and New Zealand mid-2017. Early this year we will be launching across the United States and in 2019, will explore potential markets in Asia, Europe and Latin America. Realista is unhindered by costly advertising fees found on traditional real estate platforms, thus users

Next month, the public will be able to take part in Realista’s first Token Generation Event.

This exciting opportunity will see RealistaToken (RET) implemented on the Ethereum Blockchain as a ERC-20 token set to raise USD $15 million.

Company Background:

Realista is the first global real estate platform. We are Melbourne based startup that launched in Australia and New Zealand mid-2017. Early this year we will be launching across the United States and in 2019, will explore potential markets in Asia, Europe and Latin America.

Realista is unhindered by costly advertising fees found on traditional real estate platforms, thus users have access to more property listings than ever before. The entire selling, buying and renting process is simplified from start to finish.

Agents can upload property on the go anywhere, anytime. They have complete control of their listings and can connect directly with potential buyers and renters via the platform. Over 16,000 agents have already jumped on board across Australia and New Zealand. Much like social media, buyers and renters can follow agents within their local or desired areas, set their property preferences and be notified as soon as relevant listings hit the market.

Available on iOS, Android and the Web, Realista is truly at your fingertips. The platform enables more people to participate in a $217 trillion real estate economy.

Token Generation Event:

A Presale and Crowdsale will take place in February for Realista’s Token Generation Event.

USD $1.5 million is set to be raised during the Presale which will run for a maximum of three days. Presale participants will receive a 30 percent early commitment Bonus. The Crowdsale will run for a maximum of 14 days and USD $13.5 million is set be raised. Participants will receive a 20 percent and 10 percent Bonus on the first and second days of the sale, respectively.

During the Token Generation Event, 1 billion RET will be issued and divided into two portions.

First Portion:

500 million – 605 million RET will be distributed to contributors, depending on the degree of ETH raised during the Bonus period.

Second Portion:

The remaining RET will be used to support Realista’s development. This RET has lockout period of 12 months and will be unlocked in March 2019. The sale of the second portion of RET will not exceed 100 million RET tokens per year.

Security:

Those taking part in the RET sale will require a Wallet that supports ERC-20 tokens, such as Mist. Contributors will be screened via a Know Your Customer (KYC) process, which ensures they can legally participate in the token sale. Please note that citizens of the US, Mainland China and Singapore are not permitted to participate in the token sale.

Purpose:

The deployment of RET will solve the ‘slow start’ problem. It will fast-track both client (buyers, tenants and sellers) and agent utilization of the platform, and this will drive Realista and its ecosystem. One percent of RET will be reserved as an incentive for agents to spread the word about Realista. Agents who encourage other agents to join the platform will be rewarded with RET, which can be used to pay for their monthly subscription (AUD $10 a month once they reach 100 followers).

Realista ensures efficiency and affordability every step of the way, and is revolutionizing the way we buy, rent and sell property. Our innovative platform is disrupting the real estate industry and the virtual monopolies that exist in local markets. Participating in the RealistaToken sale is a vote of confidence in Realista’s success.

The Realista team are incredibly excited for the upcoming Token Generation Event. We look forward to watching our community grow and invite you to take part in building the first global real estate platform.

Social Media Links:

Web: https://realistatoken.com

Facebook: www.facebook.com/RealistaApp

Medium: www.medium.com/realistatoken

Telegram: https://t.me/RealistaToken

Linkedin: https://www.linkedin.com/company/10591267/

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

Pitch Investors Live announces a token sale of PITCH token

CITY, FL / February 14, 2018 – 2UP Technology, Inc announced today the creation of the PITCH token for it’s Pitch Investors Live platform. 2UP Technology, Inc developed the smartphone app, “Pitch Investors Live”and is now releasing ERC-20 tokens named “PITCH.” PITCH will be the primary means of purchasing services from the software platform Pitch Investors Live. The token sale opens to the public on the 28th of February and is currently finalizing its pre-sale. “Unlike most of the token sales, 2UP Technology has a real product that we’ve been improving for years,” said Founder and CEO Matthew Lally. “We’ve formed

CITY, FL / February 14, 2018 – 2UP Technology, Inc announced today the creation of the PITCH token for it’s Pitch Investors Live platform. 2UP Technology, Inc developed the smartphone app, “Pitch Investors Live”and is now releasing ERC-20 tokens named “PITCH.” PITCH will be the primary means of purchasing services from the software platform Pitch Investors Live. The token sale opens to the public on the 28th of February and is currently finalizing its pre-sale.

“Unlike most of the token sales, 2UP Technology has a real product that we’ve been improving for years,” said Founder and CEO Matthew Lally. “We’ve formed a core development team and built a fantastic product since the initial investment, and we’re excited to launch the PITCH token sale.”

The PITCH Investors Live Platform, is a software product which can already be accessed from an iOS app, and eventually from web browsers and Android devices. It allows entrepreneurs to create short summaries of their product or business, which accredited investors/experts and users can then easily sift through to find those in which they have some interest. “The next step is for the accredited investor/potential token buyer to invite the entrepreneur to pitch live via the platform. During this live discussion, other users of this app may watch as audience members, and even buy tokens in the presenting project” says Lally.

Pitch Investors Live will issue ERC-20 tokens named “PITCH” in a limited time event, using an Ethereum-based token sale. PITCH Tokens are used as a payment mechanism for services on the network, and as an economic incentive to accredited investors and business experts who contribute their time investigating projects that pitch on the platform. ““We’re not only offering edu-tainment to a new industry in dire need of education and entertainment but we are also revolutionizing how innovative projects get vetted and funded.”,” said Co-founder, Jonathan Foltz. “Our goal is to build a global platform for entrepreneurs to pitch to investors live”.

Full details of the token sale, as well as the full version of the PITCH white paper can be viewed on the website.

PITCH Token Issuance

Initial token count: 1,618,000,000 PITCH

Token sale: 20% of total supply.

Company name: 2UP Technology, Inc

Company site:  tokens.pitch.ventures

Company contact: Matt Lally or Jonathan Foltz  Email: [email protected]

Press Inquiries: Alice Hlidkova

Email: [email protected]

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

Buying ALT Tokens from Altair VR Offers Special Advantages

Since last year, the volume of content sales in the virtual reality market has grown threefold. What’s more, SuperData Research forecasts that over the next two years the total sales volume for content in this domain will reach 40 billion dollars. Given these circumstances, the future of the Altair VR project looks very promising. In seven years of working in the supplemental education industry, Altair VR has built the biggest network of mobile planetariums in Russia and the CIS. Thanks to that project, over half a million children have been introduced to astronomy over this period. In early 2017, the

Since last year, the volume of content sales in the virtual reality market has grown threefold. What’s more, SuperData Research forecasts that over the next two years the total sales volume for content in this domain will reach 40 billion dollars. Given these circumstances, the future of the Altair VR project looks very promising.

In seven years of working in the supplemental education industry, Altair VR has built the biggest network of mobile planetariums in Russia and the CIS. Thanks to that project, over half a million children have been introduced to astronomy over this period. In early 2017, the Amazing Cinema app was launched, and has already been downloaded by over 300 thousand people.

In the summer of last year, the company began offering franchises for virtual planetariums, which are already operating in 15 cities. The next step is to create a Virtual Encyclopedia for all natural sciences and for various uses, where anyone who wants to can create their own content and share their interpretation of knowledge.

According to Coinschedule.com, last year over 165 million dollars were raised through ICOs in Gaming & VR. Furthermore, various analysts forecast a doubling or tripling of funds raised in this particular domain.

When choosing a project to invest in, however, in addition to the clear market appeal, it is worth looking at the additional advantages offered by the crowdsale initiators.

Altair VR’s Special Offer

For example, Altair VR’s ITO has additional advantages due to the token’s particular economics and varied functionality, making it useful for various groups of users.

First, it is expected that in the community there will be numerous microtransactions among various participants, such as users, writers, content creators, and moderators.

It is for those transactions that the ALT Token will be used, which will not only lower commissions for using the platform, but also serve as an internal unit of settlement.

Second, access to the platform’s apps will only be granted to users who hold ALT tokens.

Third, in order to obtain a franchise, one would have to first purchase ALT tokens on an exchange, which will stimulate the use of the token in various countries where the franchise will operate.

Fourth, having a token will also offer the ability to share one’s own ideas and scenarios, as well as vote for other people’s content. Therefore, in order to actively participate in the life of the community and influence content, you have to buy ALT.

And, finally, fifth, additional growth in interest in the token will be generated by active participants. In fact, the platform includes the roles of moderator and active community participant, which are compensated in tokens. Approximately 10% of all commissions collected on the platform will go to incentives for active users and increase the trading volumes for ALT.

About the Project

The Altair VR team has launched a project to create a global VR platform. It is directed at learning about the world in all its aspects and subjects, using a platform managed by its community through blockchain. The project offers functionality to create and distribute VR experiences through scenarios created by the community members themselves.

The first phase, the Pre-ITO, launched on February  26, 2018, and will extend until March 11, 2018, or until 10,000 ETH is raised. Participants will receive a 25% bonus.

The second phase, the ITO, will begin on April 16, 2018, and conclude on May 31. The ITO will also offer bonuses to early participants.

And the presale, also open to participation, is going on right now.

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

Slovenia is Becoming a Target Destination for Blockchain Companies

TheMerkle Trump Administration Bullish BlockchainLjubljana, 14 February 2018 – Slovenia has always strived to become a technology-friendly country. Many governments referred to Slovenia as the Silicon Valley of Europe, but so far there has been no major breakthrough in this area; however, it seems that with the advent of blockchain technology, we are getting closer to this ambitious vision, and the government of dr. Miro Cerar is increasingly aware of this. That is why the Prime Minister, dr. Miro Cerar, the Minister of Economic Development and Technology, Zdravko Počivalšek, and a number of State Secretaries attended a working meeting at the Viberate premises today.

TheMerkle Trump Administration Bullish Blockchain

Ljubljana, 14 February 2018 – Slovenia has always strived to become a technology-friendly country. Many governments referred to Slovenia as the Silicon Valley of Europe, but so far there has been no major breakthrough in this area; however, it seems that with the advent of blockchain technology, we are getting closer to this ambitious vision, and the government of dr. Miro Cerar is increasingly aware of this. That is why the Prime Minister, dr. Miro Cerar, the Minister of Economic Development and Technology, Zdravko Počivalšek, and a number of State Secretaries attended a working meeting at the Viberate premises today. Together with some other successful domestic blockchain start-ups, they discussed the advantages and traps posed by this technology and the aim of making Slovenia more attractive for the domestic and foreign blockchain companies.

The initiative for cooperation between the Slovenian government and the Viberate company was created a week ago at the World Economic Forum in Davos, when State Secretary, Tadej Slapnik, and the COO and co-founder of Viberate, Vasja Veber, took part in a roundtable under the auspices of one of the most recognised development companies in the field of blockchain technology – Consensys. The panel discussed the importance of cooperation between companies and government in the field of blockchain technology development and the creation of friendly ecosystems that encourage the creation of innovative companies. At a working meeting, representatives of Viberate, InsurePal, ICONOMI and SunContract presented their activities to the president and ministers, explaining the obstacles they face in their operations in Slovenia and highlighted the areas, where the government can help make the country friendlier towards such companies.

from left to right: Gregor Novak (SunContract), Tim Žagar (Iconomi), Damir Yandrich (IEX 360), Vasja Veber (Viberate), dr. Miro Cerar (Prime Minister), Matej Gregorčič (Viberate), Tomaž Volk (InsurePal), dr. Peter Merc (Lemur), Tanja Divic (Blockchain Alliance CEE)

The Prime Minister, dr. Miro Cerar, said: “The government is aware of Slovenia’s involvement in the global flows, and with our vision of modernisation and digitisation promotion in all areas, we are bringing to the fore the introduction of new technologies. We thus recognize blockchain technology as an exceptional opportunity: in this respect, Slovenia is at the forefront and one of the most recognized blockchain destinations in Europe. For our export-oriented and small-scale economy, it is essential to encourage the development and application of business models that enable access to the international capital market and users. The ICO transactions show the potential to develop into an efficient and safe mechanism of corporate financing when properly regulated. The government closely monitors the area and, like the EU, will pursue moderate, gradual and appropriate regulation that will protect stakeholders from the highest risks. For now, individuals and entrepreneurs are invited to act with care and responsibility and to learn about all risks; moreover, they should handle any investments in accordance with capabilities and in a way that does not compromise their financial security.”

After the meeting, Vasja Veber highlighted the advantage of operating activities in a small country: “Small size is not always a disadvantage, and only a small country can enable a young company to meet with the prime minister and four ministers and directly present how the government can help it in the development of the entrepreneurial environment. I cannot imagine a year-old start-up in Silicon Valley that would be able to achieve this. If ever, now is the time when Slovenia has an unrepeatable opportunity to become a driving force in an advanced economic area, and it should not be missed. I hope that such cooperation with the government can be upgraded and that we will truly make Slovenia a target destination for blockchain companies from all over the world.”

The global recognisability and value of Slovenian blockchain companies is steadily increasing; projects with clearly defined goals also inspire world-renowned experts such as Bitcoin pioneer, Charlie Shrem, Stanford University Professor and Development Manager at Pinterest, Jure Leskovec, and globally renowned nuclear physicist dr Mark Pleško. Imogen Heap, the winner of two Grammy Awards, also supports Viberate.

What will Slovenia gain from the Slovenian Blockchain Alliance?

At the event, the recently established economic-interest alliance called Blockchain Alliance CEE was presented, which will, inter alia, enable greater penetration into new markets and facilitate the presentation of Slovenia as a global blockchain destination. The economic-interest alliance will also raise awareness, provide education and advise companies that are embarking on a blockchain path. At the presentation of the alliance, Matej Gregorčič, the General Director and co-founder of Viberate, said: “The Slovenian blockchain companies are already closely cooperating and do not compete with each other. We constantly assist each other in business development, share business contacts and open doors to each other. With the economic-interest alliance, Blockchain Alliance, we have only formalised and further consolidated such cooperation, and I hope that this form of cooperation provides an example to other industries. It may sound trite, but we are truly stronger together.”



 

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

Bitcoin Is a ‘Noxious Poison,’ Billionaire Says – Fortune


Fortune

Bitcoin Is a ‘Noxious Poison,’ Billionaire Says
Fortune
Billionaire Charles Munger said he detests Bitcoin and wouldn’t have anything to do with the digital currency. “I never considered for one second having anything to do with it. I detested it the moment it was raised,” Munger said Wednesday at the
Berkshire’s Charlie Munger calls bitcoin ‘noxious poison’CNBC
Billionaire Charlie Munger says ‘bitcoin is noxious poison’MarketWatch
MUNGER ON BITCOIN: ‘The more popular it got, the more I hated it’Business Insider
Financial Times –Yahoo Finance
all 95 news articles »

Fortune

Bitcoin Is a 'Noxious Poison,' Billionaire Says
Fortune
Billionaire Charles Munger said he detests Bitcoin and wouldn't have anything to do with the digital currency. “I never considered for one second having anything to do with it. I detested it the moment it was raised,” Munger said Wednesday at the ...
Berkshire's Charlie Munger calls bitcoin 'noxious poison'CNBC
Billionaire Charlie Munger says 'bitcoin is noxious poison'MarketWatch
MUNGER ON BITCOIN: 'The more popular it got, the more I hated it'Business Insider
Financial Times -Yahoo Finance
all 95 news articles »

Divorcing couple fighting over $830K worth of Bitcoin – New York Post

New York PostDivorcing couple fighting over $830K worth of BitcoinNew York PostCrypto traders might not like it, but there are plenty of reasons to regulate Bitcoin and all its brethren. The nature of digital money gives governments around the world pl…


New York Post

Divorcing couple fighting over $830K worth of Bitcoin
New York Post
Crypto traders might not like it, but there are plenty of reasons to regulate Bitcoin and all its brethren. The nature of digital money gives governments around the world plenty of headaches, and many of them have started enforcing regulations against ...