Rememberful Bitcoin News.
A Dutch court ruled BTC a “transferable value”, which is a positive sign for widespread acceptance of digital currencies as a payment instrument. #NEWS
A Dutch court ruled BTC a “transferable value”, which is a positive sign for widespread acceptance of digital currencies as a payment instrument. #NEWS
The sharp pullback in the price of Bitcoin late on Thursday was attributed to the news that Japan’s regulator had issued a warning to Binance, one of the world’s biggest cryptocurrency exchanges, that it was operating in the country illegally and crimi…
The sharp pullback in the price of Bitcoin late on Thursday was attributed to the news that Japan’s regulator had issued a warning to Binance, one of the world’s biggest cryptocurrency exchanges, that it was operating in the country illegally and criminal charges would be filed if it did not cease.
The U.S. Postal Service is eyeing blockchain as part of a system for establishing digital trust, newly published patent documents indicate.
The U.S. Postal Service is eyeing blockchain as part of a system for establishing digital trust, newly published patent documents indicate.
Crypto collectibles are big business right now. Crypto Kitties just raised $12.5 million in venture capital, and lookalike sites are springing up everywhere trying to cash in on the craze for non-fungible digital assets. For all their innovation, these ‘decentralized’ projects have an achilles heel: without a website, the digital assets are worthless, as the […]
The post Crypto Collectibles Are Worthless Without a Website appeared first on Bitcoin News.
Crypto collectibles are big business right now. Crypto Kitties just raised $12.5 million in venture capital, and lookalike sites are springing up everywhere trying to cash in on the craze for non-fungible digital assets. For all their innovation, these ‘decentralized’ projects have an achilles heel: without a website, the digital assets are worthless, as the collapse of Crypto Celebs and similar platforms shows.
Also read: U.S. Treasury Plans to Add Cryptocurrency Addresses to the SDN List
ERC271 is the non-fungible token (NFT) standard used to fuel most of the digital collectible projects currently in the news. They’ve been described as “the next boom” for ethereum after ERC20 tokens, which drove the ICO craze. The ability to claim sole ownership of a digital asset, and to retain it on a wallet you hold the keys for, is pretty cool. But all you really own is a number assigned to your address by a smart contract. The associated element – the thing that gives the NFT its value – relies on a centralized server to host the image, just like the images displayed on this page.
If the blockchain is a football field, the website is the ball. Take away the ball and no one can play. That’s what happened with Crypto Celebrities, a short-lived ethereum trading card game that relied on the “greater fool theory” to bump up the price of the celebs whose pictures were assigned to each ERC271. Crypto All Stars – the same idea applied to Twitter cryptocurrency traders – also died a quick death. The demise of these sites exposes one of the inherent drawbacks to NFTs. If you buy ethereum from a broker such as Coinbase and they later go out of business, your ETH is still worth something. If the same were to happen with Crypto Kitties, all those adorable little cats would effectively cease to exist.
The reason why cryptocurrencies attain value isn’t because they’re on a blockchain: it’s because enough people are willing to accept them as a medium of exchange. Only then do they gain value. People might be willing to play several ETH for an especially cute or rare collectible, but take away the image – i.e the part that adds value – and all that’s left is a unique token nobody wants. In defense of non-fungible tokens, they’re a promising field whose use cases are still being felt out.
Ethmoji allows people to create their own avatar out of composite parts, with creators being paid by smart contract for each piece that’s used such as a face or a hat. Then there’s Decentraland, a virtual world whose land marketplace opened last week. Venture capitalist Barry Silbert has called Decentraland the killer app for VR. Each plot of land can be traded as an NFT, and single squares are changing hands for hundreds or even thousands of dollars. There’s no reason to suspect that Crypto Kitties or Decentraland will be going anywhere. But due to the centralized design of these systems, their ecosystem is reliant upon a single point of failure. If it goes down, the value of even the rarest NFTs becomes zero.
What are your thoughts on projects that involve digital scarcity such as Decentraland? Let us know in the comments section below.
Images courtesy of Shutterstock, Ethmoji, and Crypto Kitties.
Make sure you do not miss any important Bitcoin-related news! Follow our news feed any which way you prefer; via Twitter, Facebook, Telegram, RSS or email (scroll down to the bottom of this page to subscribe). We’ve got daily, weekly and quarterly summaries in newsletter form. Bitcoin never sleeps. Neither do we.
The post Crypto Collectibles Are Worthless Without a Website appeared first on Bitcoin News.
According to people familiar with the situation, Alphabet Inc., Google’s parent company, is developing its own blockchain-based distributed digital ledger that third parties can use to post and verify transactions. Several people in Google’s infrastructure group, which reports to cloud chief Diane Greene, have been working with blockchain protocols in recent months, according to another … Continue reading Google’s Parent Company, Alphabet, Is Developing Blockchain-Based Solutions for its Cloud
The post Google’s Parent Company, Alphabet, Is Developing Blockchain-Based Solutions for its Cloud appeared first on NewsBTC.
According to people familiar with the situation, Alphabet Inc., Google’s parent company, is developing its own blockchain-based distributed digital ledger that third parties can use to post and verify transactions.
Several people in Google’s infrastructure group, which reports to cloud chief Diane Greene, have been working with blockchain protocols in recent months, according to another person familiar with the company. Other Google insiders have recently pointed out that the cloud business is a natural place for blockchain-related services.
It’s certainly not a surprise Google is interested: the market for blockchain products and services is expected to grow from $706 million last year to more than $60 billion in 2024, according to WinterGreen Research.
As of late, the internet giant has been acquiring and investing in startups with digital ledger expertise. Many of these deals haven’t been announced, the sources noted. Still, Alphabet was a leading corporate investor in the field last year, ahead of Bank of America, Citigroup Inc., and Goldman Sachs Group Inc., according to research firm CB Insights.
Although the timing of any product release is unclear, the company plans to offer this blockchain service to differentiate its cloud service from rivals. It will also provide a “white-label” version that other companies can run on their own servers. Those who spoke about these developments asked not to be identified because the company isn’t ready to make an announcement yet.
“Like many new technologies, we have individuals in various teams exploring potential uses of blockchain but it’s way too early for us to speculate about any possible uses or plans,” a Google spokesman said.
It was in 2016 that Google started a trial for developers testing blockchain services on its cloud. The company is now exploring much more expansive ways to deploy the technology, the people said.
To build its ledger, Google has looked at technology from the Hyperledger consortium, but it could opt for another variant that may be easier to scale to run millions of transactions: Sridhar Ramaswamy, Google’s advertising chief, said at a recent conference that his division has a “small team” looking at blockchain, but noted the existing core technology can’t handle a lot of transactions quickly.
Traditionally, when Alphabet wants to keep up with emerging technology, it often backs startups in the field and makes small acquisitions to recruit talent. So far, GV — Alphabet’s venture capital arm — has invested in wallet service Blockchain Luxembourg, financial transactions network Ripple, cryptocurrency asset management platform LedgerX, and international payments provider Veem, according to CB Insights.
“You’re going to see an unbelievable amount of R&D expenditures go into this,” said Jeff Richards, a managing partner at venture firm GGV Capital. “Everybody learned from the internet and mobile that you can’t afford to wait.”
The post Google’s Parent Company, Alphabet, Is Developing Blockchain-Based Solutions for its Cloud appeared first on NewsBTC.
In efforts to fight against the volatility that comes with most cryptocurrencies, a group of famed economists and financial innovators have plans to create “the first non-anonymous blockchain-based digital currency,” called Saga (SGA). Saga is being developed by The Saga Foundation, a Swiss non-profit established last year that is dedicated to developing new technologies in open and … Continue reading “Saga” Token Will Employ Methods From Traditional Finance in Attempts to Combat Volatility
The post “Saga” Token Will Employ Methods From Traditional Finance in Attempts to Combat Volatility appeared first on NewsBTC.
In efforts to fight against the volatility that comes with most cryptocurrencies, a group of famed economists and financial innovators have plans to create “the first non-anonymous blockchain-based digital currency,” called Saga (SGA). Saga is being developed by The Saga Foundation, a Swiss non-profit established last year that is dedicated to developing new technologies in open and decentralized software.
The Saga token’s purported stability is intended to make it useful as a unit of account and a means of exchange. To ensure this low volatility, Saga will employ methods from traditional finance: the organization will use a fractional reserve method — similar to what traditional banks use — and deposit reserves in regulated banks.
Further, Saga will be pegged to the IMF’s Special Drawing Right (SDR), an international reserve asset that is comprised of a basket dominated by the US dollar and euro. And Saga’s money supply will be adjusted algorithmically according to the size of its economy: for example, when the economy expands, a smart contract increases the token supply, which will limit price rises.
The Sega Foundations advisory board includes Jacob Frenkel, the former Governor of the Bank of Israel and chairman of JPMorgan Chase International; economics Nobel laureate Myron Scholes, known for creating the Black-Scholes formula, the most well-known model for pricing options and derivatives; Dan Galai, a co-developer of VIX, the leading measure of financial market volatility; and Leo Melamed, the chairman emeritus of CME Group and pioneer in financial futures.
There is, notably, some irony in a cryptocurrency backed by fractional reserves. This move is in stark contrast to the founding principles of Bitcoin. Its creator, Satoshi Nakamoto, encoded a message in the first Bitcoin block ever mined, which reads: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” That was not exactly a ringing endorsement of the traditional financial processes being touted by Saga.
But a coin whose price doesn’t swing wildly — a “stablecoin” — is something that has been pursued before by the some in the crypto-space. The most high-profile example is Tether, a token whose makers claim is fully backed by dollar reserves, with each tether backed by one US dollar. There is about $2.3 billion worth of Tether circulating on global crypto-markets today, but the problem is that no one is sure whether those cash reserves truly exist. Tether’s creators have fired an auditor it hired to verify its claims, raising further suspicions from the market.
Saga tokens can be bought starting in the fourth quarter of this year, the foundation’s website says, and can be purchased using ether or a bank transfer to one the banks holding Saga’s reserves.
The post “Saga” Token Will Employ Methods From Traditional Finance in Attempts to Combat Volatility appeared first on NewsBTC.
Stolen NEM coins from Coincheck cannot be traced anymore, all the coins have been moved from hackers’ account. #NEWS
Stolen NEM coins from Coincheck cannot be traced anymore, all the coins have been moved from hackers’ account. #NEWS
San Francisco, CA., March 22, 2018 – It was announced today that Applicature has joined the Enterprise Ethereum Alliance, the world’s largest open-source initiative providing resources for businesses to learn about Ethereum and leveraging this groundbreaking technology to address specific industry use. This membership widens the scope of Applicature’s blockchain development and its interaction with other members of the EEA. Applicature’s entry into the Alliance is an important milestone. EEA’s membership represents a vast spectrum of opportunities for the company to deploy its high-level skills in blockchain technology and smart contract development. “Applicature has helped a few dozen clients
San Francisco, CA., March 22, 2018 – It was announced today that Applicature has joined the Enterprise Ethereum Alliance, the world’s largest open-source initiative providing resources for businesses to learn about Ethereum and leveraging this groundbreaking technology to address specific industry use.
This membership widens the scope of Applicature’s blockchain development and its interaction with other members of the EEA. Applicature’s entry into the Alliance is an important milestone. EEA’s membership represents a vast spectrum of opportunities for the company to deploy its high-level skills in blockchain technology and smart contract development.
“Applicature has helped a few dozen clients with Ethereum-based smart contracts and Ethereum deployments, and we have developed an open-source proprietary proof of stake on Ethereum.
Therefore, we hope to be able to do more for the underlying technology. It’s all about the coordination of effort between contributors, and we hope to be helpful to all other EEA members.
Because EEA is a powerful epicenter of innovation around Ethereum and its adoption across many industries, we will leverage our membership for the benefit of our clients and their leading positions in their respective verticals, and will partner with them to lead innovation,” Ihor Pidruchny, Applicature CEO, stated..
Applicature will foster the development and elaboration of complex, highly specific applications for environments in which time and trust mean everything: banking, marketing, supply chain, loyalty systems, etc.
Applicture’s experience will come in handy in overcoming and solving Ethereum’s scalability problem. Applicature is extremely familiar with this problem, having recently developed and deployed the Applicature Ethereum Proof of Stake (AEPoS) consensus protocol.
“Joining the EEA is a great opportunity for Applicature to learn from other members and share our best practices to help grow the Association and the industry. Defining enterprise-grade software protocols capable of handling the most complex, highly demanding applications at scale is a critical next step,” Mark Stoner, Business Development Director at Applicature, said.
Ethereum is a decentralized blockchain protocol based upon smart contracts that enable participants to implement and deploy dApps (not controlled by any single entity). dApps are inalienable components of Ethereum. Because they are unchangeable and immutable to any sort of fraud, they guarantee the safety of the network. In addition, Ethereum employs the services of the Ethereum Virtual Machine (EVM) and Solidity programming languages to implement and execute applications on the platform.
The Ethereum Enterprise Alliance welcomes all companies or individual developers who offer or provide blockchain services, solutions, reference standards for enterprise use-cases, and applications.
As an open-source platform, the EEA aims to create a private platform exclusively for verified individuals, companies, and agencies. The main goal of the Ethereum Enterprise Alliance is to build, secure, and improve the efficiency and productivity of the platform.
Feel free to learn more about the EEA and Ethereum here.
Applicature is an independent boutique blockchain development agency and concept advisory providing highly qualified support in blockchain technology; smart contract development; implementation of token standards + tokensale smart-contract design; upgrading of wallets, ICO cabinets, and KYC dashboards; business/technical concept design; and white paper consulting.
You can take a look at all of the projects and items Applicature has worked on here.
Website: applicature,com
Facebook: https://www.facebook.com/applicature/
Twitter: https://twitter.com/Applicature
E-mail: [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.
Singapore, March 22, 2018—Singapore based Blockchain Technology Company, XinFin that focuses on blockchain protocol development to power larger enterprises to create real world use cases by tokenizing various physical assets and powering a global peer-to-peer trade and finance platform called tradefinex.org has successfully conducted its initial coin offering (ICO) recently. The company raised $15 million USD equivalent digital assets, which is a sign of great confidence from global user base towards the fastest growing blockchain based ecosystem. XinFin’s Co-Founder, Peter Yeo said, “We are really excited to announce that within a week of initial offering our Utility token XDCE is
Singapore, March 22, 2018—Singapore based Blockchain Technology Company, XinFin that focuses on blockchain protocol development to power larger enterprises to create real world use cases by tokenizing various physical assets and powering a global peer-to-peer trade and finance platform called tradefinex.org has successfully conducted its initial coin offering (ICO) recently. The company raised $15 million USD equivalent digital assets, which is a sign of great confidence from global user base towards the fastest growing blockchain based ecosystem.
XinFin’s Co-Founder, Peter Yeo said, “We are really excited to announce that within a week of initial offering our Utility token XDCE is now available for trading on various public exchanges like Bancor.network (https://www.bancor.network/), Koinok.com (https://www.koinok.com/), Alphaex.net (https://alphaex.net/), Forkdelta https://forkdelta.github.io/ and Etherflyer.com https://www.etherflyer.com/ . This will make it effortless for our users to convert their utility tokens, providing them with continuous liquidity not even against Bitcoin, Ripple, Bitcoin Cash and Ethereum but also against local fiat currency. We will keep adding more exchanges to get more flexibility and demonstrate real world use cases with various government and Institutions using XDC utility token”
XinFin’s protocol XDC01 powers Tradefinex.org platform which caters to small farmers, individuals or small businesses world-wide that remain unbanked due to lack of financial setup and remote locations. These deserving population are either denied loans by traditional banks or have to undergo expensive ‘centralized’ banking procedures. XinFin’s financial mechanism called TradeFinex enables buyers secure capital at globally competitive rates, gives suppliers visibility on global tenders & customer base and provides financiers real time visibility on their investments. Cross-border trade finance is of the prominent use-cases of XDC catering to $27 Trillion of global market. XinFin is currently working on several industrial projects in Banking, Solar, Tourism, Aviation, Supply Chain Logistics etc. and deploying customized solutions across business process re-engineering, supply chain, financing, procurement, reconciliation, settlement and more.
The XinFin ecosystem will support price stability of FIAT currencies, upcoming national crypto currencies and existing cryptocurrencies through monitoring activities like KYC, AML on TradeFinex platform. XinFin will seek necessary KYC, AML information from the entities that use the XDC platform and will collaborate with them to re-engineer their compliance process using blockchain technology to drive further efficiencies.
“Unlike Bitcoin and Ethereum, XinFin comes with a Hedge Pool functionality which will protect its participants from fluctuations in the XDC token price at the time of procurement and settlement. Participants get payment as per the agreed FIAT currency value irrespective of volatility. Secure and auditable smart contracting standardizes fiduciary use cases by re-engineering and automating traditional lending and trade finance. Underlying digital tokens can be liquidated against FIAT currencies or other cryptocurrencies.” added Peter Yeo
XinFin hybrid network runs on a delegated proof of stake consensus between trusted master nodes and is powered by its next generation digital token called XDC which also acts as the underlying fuel without using high energy and hash power making XDC as Green utility Coin. IoT atop XDC protocol allows real time data to be uploaded on blockchain. XDC01 protocol is a regulatory compliance which makes XinFin utility tokens very appropriate for trade and finance. It works as a messaging and confirmation layer for domestic and cross-border approved payment. Approved financial institutions can use XDC token as a payment and settlement layer which makes it sector agnostic.
XinFin (http://www.xinfin.io) is a Blockchain technology company that has built enterprise friendly Hybrid Blockchain and platform for international trade and finance. XinFin launched TradeFinex at Assocham (http://www.assocham.org) in Asia and extended the platform to over 450,000 participating enterprise members. Ramco systems (http://www.ramco.com), part of global $1 Billion conglomerates has chosen XinFin to deploy blockchain solutions for 500+ of its clients in Aviation, Supply Chain and HR.
Follow XinFin on Twitter (@XinFinF), on Telegram(https://t.me/xinfintalk) and on Slack (https://xinfin-public.slack.com/). Check out their latest video (https://www.youtube.com/watch?v=K-tHZkV6zAs) and whitepapers(http://www.xinfin.org/white-paper/) here.
Visit exchanges here:
Bancor: https://www.bancor.network/
Alphaex: https://alphaex.net/
KoinOK: https://www.koinok.com/
ForkDelta: https://forkdelta.github.io/
EtherFlyer: https://www.etherflyer.com/
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.
SINGAPORE — Asia’s Leading cryptocurrency crowdfunding platform, FundYourselfNow (FYN), has launched the very first of its kind – FYN Talent Marketplace. The alpha version of FYN Talent Marketplace is launched on 19th March 2018. Hunting bounties for ICOs is its initial focus and currently, the FundYourselfNow team is working with 10,000 bounty hunters through the existing bounty programs. The platform aims to serve the Blockchain projects out there which are seeking skilled professionals and freelancers to help them out. It may be a smart contract development, web development, community management or Marketing. And this is why FYN Talent Marketplace is
SINGAPORE — Asia’s Leading cryptocurrency crowdfunding platform, FundYourselfNow (FYN), has launched the very first of its kind – FYN Talent Marketplace.
The alpha version of FYN Talent Marketplace is launched on 19th March 2018. Hunting bounties for ICOs is its initial focus and currently, the FundYourselfNow team is working with 10,000 bounty hunters through the existing bounty programs. The platform aims to serve the Blockchain projects out there which are seeking skilled professionals and freelancers to help them out. It may be a smart contract development, web development, community management or Marketing. And this is why FYN Talent Marketplace is here for. This marketplace aims to provide every resource that can make an ICO project successful.
FundYourselfNow is a crowdfunding platform that offers help to people to raise funds for their projects. The initial coin offering was successfully completed in July 2017 with more than 6000 ETH raised. After officially launching its token FYN last October 2017, it has grown to be one of the leading cryptocurrency crowdfunding platforms in the world with more than 12,000 active platform users.
Kenneth Tan, COO of FundYourselfNow said “We understand the pain of every Blockchain and ICO Project. One of the key things to make your idea happen is to build a dream team and this is why we launched this Marketplace so that every project will be able to find the talent it needs and at the same time, will be able to list bounties and invite bounty hunters.”
The current launch involves Bounty listing and Bounty hunting only.
Some of the features available in the alpha version for Freelancers and Bounty Hunters are:
Some of the features available for Bounty Listers are:
The full-fledged version of the marketplace is planned to be launched in the upcoming months, where other than hunting or listing bounties, actual job posters and freelancers will be able to connect.
With two major partnerships, the company successfully launched FYN Vietnam last 15th December 2017. At the moment, the team is preparing for the final launch of FYN Talent Marketplace in upcoming months.
For more information on FundYourselfNow, visit their website at www.fundyourselfnow.com or email them at [email protected].
Join the discussion on FYN Telegram at https://t.me/fundyourselfnow
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.
Block in Press, a Korean blockchain media, will host its first annual blockchain forum ‘Deconomy’ on the topic of ‘Cryptocurrency, Blockchain and the Distributed Economy’ from April 3 to April 4, 2018 in Seoul, South Korea. The event will take place in Vista Hall, Grand Walkerhill Hotel. Over 50 industry insiders will join Deconomy in various sessions discussing the following topics: Paradigm Shift to Open Protocols Bitcoin, Controversy over Principle Ethereum, The Future of World Computer State of Blockchain and Market Trends Regulation and Mainstream Adoption Industry Evolution through Distributed Ledger David Chaum, who laid the foundation
[Seoul, South Korea] Block in Press, a Korean blockchain media, will host its first annual blockchain forum ‘Deconomy’ on the topic of ‘Cryptocurrency, Blockchain and the Distributed Economy’ from April 3 to April 4, 2018 in Seoul, South Korea. The event will take place in Vista Hall, Grand Walkerhill Hotel.
Over 50 industry insiders will join Deconomy in various sessions discussing the following topics:
David Chaum, who laid the foundation of the cypherpunk movement, will present the keynote address.
Chaum’s work in online cryptography and privacy played a critical role in the development of Bitcoin. He was the founder of Digicash, widely accepted as the first cryptocurrency. His research in cryptographic signatures became a foundation on which cryptocurrencies were built upon.
The first session, ‘Paradigm Shift to Open Protocols’, will invite: Block.one Partner Ian Grigg, Lightning Network Co-Founder Joseph Poon, Bloq CEO Jeff Garzik as well as Ripple Chief Cryptographer David Schwartz. A discussion of cryptographers, including David Chaum, will take place.
In the second session, Bitcoin.com CEO Roger Ver, Blockstream CSO Samson Mow and nChain Chief Scientist Craig Wright will present on ‘Bitcoin, Controversy over Principle’. They will also discuss on the topic of ‘Can Bitcoin Scale?’
The second day of the forum will begin with a keynote address by JungA Lee, Vice President of Bithumb.
The first session of the second day will discuss the ‘Industry Evolution through Distributed Ledger.’ R3 Research Director Antony Lewis, IBM Global Lead Stanley Young, Consensus Managing Director John Lilic will share their insights. The panel will discuss central bank issued cryptocurrency and the future of distributed ledger technology.
The second session of the day will invite Red Flag Consulting Head of U.S. Office John Collins, Post Oak Labs CEO Tim Swanson and Forbes Financial Writer Frances Copolla to examine ‘Regulation and Mainstream Adoption’ of cryptocurrency. Various experts in the legal field will be invited to debate the issue.
The last session of the forum will be led by Vitalik Buterin, the founder of Ethereum. Buterin, joined by Ethereum developers, to present and debate ‘Ethereum, The Future of World Computer.’
To register for this event, contact Jeff Paik at [email protected]. For more information about Deconomy 2018, visit deconomy.com.
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.
An efficient security solution is mandatory to protect blockchain-based decentralized projects that run on untrusted nodes. iExec will present a solution mixing software and hardware encryption for its decentralized cloud at IBM Think in Las Vegas (19-22 March). Securely Running Applications on Untrusted Nodes A new security trend consists of providing a hardware enclave to run applications in an inaccessible part of the CPU. Even the owner of the CPU isn’t able to access the data processed inside of this enclave. With this cutting-edge technology, it is possible to run applications on a decentralized fashion even on untrusted nodes, because
An efficient security solution is mandatory to protect blockchain-based decentralized projects that run on untrusted nodes. iExec will present a solution mixing software and hardware encryption for its decentralized cloud at IBM Think in Las Vegas (19-22 March).
A new security trend consists of providing a hardware enclave to run applications in an inaccessible part of the CPU. Even the owner of the CPU isn’t able to access the data processed inside of this enclave.
With this cutting-edge technology, it is possible to run applications on a decentralized fashion even on untrusted nodes, because applications are no longer under the control of the decentralized node, but rather under the control of the initial user.
Currently available in early access, Data Guard on IBM Cloud, powered by Fortanix Runtime Encryption platform, uses Intel® SGX technology and offers easy to use and powerful services that accelerate the protection of decentralized applications..
iExec, the decentralized marketplace for cloud computing resources, works on bringing this hardware-based security solution to the blockchain space, and make it a worldwide premiere.
With the use of enclaves, iExec is able to protect and scale the dapps leveraging the decentralized cloud composed of untrusted nodes.
iExec will present the solution at IBM Think 2018 (19–22 March), where CEO Gilles Fedak is joining the Cloud & Security panel, along with representatives of IBM and Fortanix.
“iExec is the pioneer to employ SGX technology to enhance security in a blockchain-based ecosystem, and we are very pleased to join a discussion panel at IBM Think to talk about security and iExec’s decentralized cloud computing marketplace”, announces Gilles Fedak, CEO of iExec.
During IBM Think 2018, iExec will show how the platform allows participants to contribute and monetize their own computing resources, and how Data Guard can be integrated in the iExec ecosystem to secure the blockchain-based decentralized cloud.
iExec reinvents cloud computing by building a decentralized marketplace for cloud resources. The company is on the verge of releasing its Version 2, that will allow anyone to monetize their resources (CPU, GPU, applications and datasets).
This global and open network is orchestrated by blockchain technology, to store transactions of value and prove the contribution of participants.
iExec’s participation at IBM Think will be live broadcasted, and can be followed on: https://www.ibm.com/events/think/watch/
To keep in touch with iExec:
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.
One of the first pieces of advice offered to budding cryptocurrency investors is usually “don’t invest more than you can afford to lose”. Such a warning seems perfectly reasonable in a market that can drop more than 60% in a matter of weeks. However, according to research done by The Student Loan Report, some students … Continue reading Students are Taking a Punt on Cryptos… With Their Loans
The post Students are Taking a Punt on Cryptos… With Their Loans appeared first on NewsBTC.
One of the first pieces of advice offered to budding cryptocurrency investors is usually “don’t invest more than you can afford to lose”. Such a warning seems perfectly reasonable in a market that can drop more than 60% in a matter of weeks. However, according to research done by The Student Loan Report, some students are using money that doesn’t even belong to them – their loans.
Student loans have a something of a history of being misused. After a fair portion of it has been spent on the course itself and somewhere to live, the rest is kept by the student to cover their day to day expenses. This usually entails a fair amount of partying and a hell of a lot of instant noodles.
It seems that today’s students are a little more financially savvy than those who went before them though. The Student Loan Report has taken a survey of 1,000 college students. The survey was taken by online polling specialists, Poll Fish.
Over a four day period starting on March 16, 2018, they asked participants the question: “Have you ever used student loan money to invest in cryptocurrencies like Bitcoin?” Interestingly, the results state that over a fifth of those asked had done.
Whilst using money that you will one day have to pay back to invest in as volatile a market as cryptocurrencies might seem like absolute madness on paper, the survey doesn’t give any indication to what level the students had got involved, or whether in fact they had sold or continued to hold onto their investments.
The Boston Globe points out that the market has declined from its all-time highs, “making big losers of many who bought in late.” This seems harsh as there is nothing to suggest that any of the student investors have sold their holdings and therefore lost anything at all.
Unless the students buying into crypto were after a seriously quick buck, it would be folly for them to sell their holdings any time before they had to pay the loan itself back. For all the publication knows, those buying in could be making a long-term play and have only invested money that was in excess of their own living expenses. If this is the case, their decision makes great financial sense and is unlikely to have been taken with any serious life-changing amount of money.
Whilst some of the later 2017 buyers might well be sitting on bags at the moment, if they understand what they’ve bought into, they’ll be playing a longer game. Super bullish price predictions like those of Tommy Lee and John McAfee will no doubt make the waiting game much easier for them too.
The post Students are Taking a Punt on Cryptos… With Their Loans appeared first on NewsBTC.
Reaching a technological and a community-building milestone gives Humaniq reason to be confident for future expansion, as it finds way to cut transaction costs, and hundred thousandth community member joins. London, March 22, 2018 – Humaniq has achieved the first working hybrid Blockchain with the 2.0 version of its app, to retain the benefits of the Ethereum main-net while expanding faster. Humaniq today announces that the recently launched 2.0 version of our app is delivered on a unique Hybrid Blockchain. In a technological milestone, it is the first project with a working hybrid Blockchain that is not in prototype or
Reaching a technological and a community-building milestone gives Humaniq reason to be confident for future expansion, as it finds way to cut transaction costs, and hundred thousandth community member joins.
London, March 22, 2018 – Humaniq has achieved the first working hybrid Blockchain with the 2.0 version of its app, to retain the benefits of the Ethereum main-net while expanding faster.
Humaniq today announces that the recently launched 2.0 version of our app is delivered on a unique Hybrid Blockchain. In a technological milestone, it is the first project with a working hybrid Blockchain that is not in prototype or beta-testing stage. Humaniq has successfully solved the problem of scaling ERC20 projects. The new, improved app sits on the Ethereum Blockchain with the unique combination of sidechain solutions in individual African countries, such as Uganda, Senegal, Zimbabwe, Tanzania and Rwanda.
Before, all Humaniq coin transactions were made on the Ethereum main-net. However, the security of a transaction in the main Ethereum network is provided at a cost of about $84.85 at the current rate according to figures that apply until 15th March, 2018. This is a barrier to the App’s expansion and to emerging economies entering the 21st Century economy. This is why the company started work on a new architecture that would both allow for HMQ tokens to remain open and accessible on the Ethereum main-net, and also provide an inexpensive method to secure the network – vital to allow our users to make small transactions with transaction fees close to zero.
The solution consists of one, main, HMQ Blockchain, and a number of internal Blockchains where user wallets from different countries are stored and operated together, while remaining identifiable and personalized based on the user’s country location. When the capacity of the existing Blockchain due to the volume of transactions gets fulfilled, the system unpacks and boots up the next Blockchain to scale the system horizontally.
It means that transactions can continue to be made in a decentralized and transparent way, necessary to overcoming the cost barriers to expanding financial services to the many regions that banks do not serve. But now there is no ceiling to the growth of Humaniq community and of the use of the app, which has been already downloaded more than 100,000 times from Google Play. It also means the company remains open to any regulatory rules that individual nations may adopt.
“Our development team’s proud of this technological first, which brings together the benefits of the Ethereum Blockchain and of individual Blockchains. Our unique solution allows us to serve ever more of the global unbanked population, building on the 100,000 downloads already made – without the costs of providing services of either the miners or the traditional banks,” said Anton Mozgovoy, CTO Humaniq.
Humaniq is a London-based Fintech firm that provides next generation financial services using its Blockchain-based mobile application to the unbanked and underprivileged in emerging economies globally. Humaniq is focused on worldwide financial inclusion by providing access to global markets, greater opportunities, and novel financial solutions using repurposed technologies for those gaining exposure to financial services for the first time.
Media contact:
Alex Fork office
See more at: http://humaniq.com
Join us:
https://www.facebook.com/humaniq.co/
https://www.linkedin.com/company/humaniq
https://www.reddit.com/r/Humaniq
https://open.kakao.com/o/gR94ctw
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.
Visit our official website and join the Essentia whitelist which is now open. You are invited to journey with us towards a brighter, decentralized world. A world of security, privacy and ownership. To get you started we’ve created an in depth guide on how you can join our whitelist and what will happen after you’re signed up. Why get involved? Only those who are whitelisted by Essentia will be able to participate in our pre-ICO, ICO and future airdrops. A new way of connecting with the internet is the prize which awaits you. You can join thousands of others in
Visit our official website and join the Essentia whitelist which is now open. You are invited to journey with us towards a brighter, decentralized world. A world of security, privacy and ownership.
To get you started we’ve created an in depth guide on how you can join our whitelist and what will happen after you’re signed up.
Why get involved?
Only those who are whitelisted by Essentia will be able to participate in our pre-ICO, ICO and future airdrops.
A new way of connecting with the internet is the prize which awaits you. You can join thousands of others in this fantastic experience by getting whitelisted now.
Now here are the facts you need to get started.
When you receive the password in the email use this to login to your Member Area.
Here you will find:
– ICO countdowns.
– Tasks to do.
– Your Ethereum address.
– Your referral link.
Once completed, head back to the Members Area and click “Continue”.
You will also need to supply your Ethereum address in order to contribute.
Add your Ethereum address and however much ETH you wish to invest. The lowest contribution allowed is 0.1 ETH.
Important: If you want to change your address you can only do so up until a week before the ICO starts. After that it becomes fixed and you’re stuck with it.
Invite your friends to join Essentia and hop aboard the revolution!
For further details please check our website and join the Essentia Telegram.
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.