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A G20 Crypto Policy? Let’s Hope It’s a Pipe Dream

The world’s economic leaders are seeking a globally coordinated policy on cryptocurrencies. This could take a while. But that may be just as well.

The world’s economic leaders are seeking a globally coordinated policy on cryptocurrencies. This could take a while. But that may be just as well.

Blockchain-based Container Shipping Platform 300cubits to start the TEU ICO on 12th April 2018

300cubits, a blockchain-powered ecosystem to secure shipment booking is set to launch their ICO on 12thApril, 2018. This month long campaign will offer 18,000,000 TEU tokens—the proprietary medium of transaction on the 300cubits platform. TEU tokens have been rated 4.6 out of 5 from ICObench. 27th March, 2018 The 300cubits team and its advisory group comprise of renowned industry veterans, usually unseen in most of the ICOs. One of the Co-Founders, Johnson Leung, has twenty years of relevant industry experience; particularly in the shipment booking process. The advisory board has Thomas Eskesen and John Urban, two noted experts that have

300cubits, a blockchain-powered ecosystem to secure shipment booking is set to launch their ICO on 12thApril, 2018. This month long campaign will offer 18,000,000 TEU tokens—the proprietary medium of transaction on the 300cubits platform. TEU tokens have been rated 4.6 out of 5 from ICObench.

27th March, 2018

The 300cubits team and its advisory group comprise of renowned industry veterans, usually unseen in most of the ICOs. One of the Co-Founders, Johnson Leung, has twenty years of relevant industry experience; particularly in the shipment booking process. The advisory board has Thomas Eskesen and John Urban, two noted experts that have founded INTTRA and GT Nexus, portals like booking.com for booking ideal accommodation. Around 30% of the global shipment bookings go through these two portals. The team is also pleased to have Charlie Wellins, a highly respected C-level executive in the container shipping industry and Hua Joo Tan, a KOL / influencer where his weekly newsletter was read by thousands of key industry professionals.

Following a successful trial shipment, 300cubits is pleased to announce that their ICO public sale will start on April 12, 2018. Meanwhile, the company also informs that the ongoing private placement for contribution at or above 20 ETH will continue until April 12, 2018. The upcoming ICO will continue for a month, during which the early adopters to this blockchain-based container shipping platform will gain access to 18,000,000 of a total supply of 100,000,000 TEU tokens. 2% of the TEU tokens have already been successfully sold for 1588 ethers, while the team is selling another 18mn TEU tokens in the Private Placement and ICO.  

300cubits’ TEU tokens and ecosystem are designed to tackle the $23bn “No Show” pain point in the container shipping industry.  The container liners have been incurring chronic losses over the past decade, which has led to some of the largest bankruptcies the industry has witnessed. 300cubits strongly believes that this sorry state of the industry is due to its inability to execute agreements in its daily operations.

“No Show” is a glaring problem faced by the industry, and it refers to a situation where a customer books a shipping slot but does not turn up with the cargo. Plagued by a “No Show” probability of around 30%, the industry has long been trying to implement booking deposits. However, the customers have vehemently resisted the idea of placing their cash up front. On the other hand, the crypto world wants a token that is accepted by the real world. The 300cubits team is looking to connect the two worlds by offering some tokens to the industry for free, on the condition that the industry will use these tokens to ensure wide acceptance of TEU tokens in the shipping industry.

300cubits is confident about eliminating the shortcomings of the container shipping industry by issuing ERC20 compliant TEU tokens in the Ethereum network, and promoting them as the cryptocurrency for the container shipping industry.  The smart contracts governing the transactions of the TEU tokens are coded with a set of immutable conditions, and neither of the parties will be able to alter what has been agreed upon. The TEU tokens have already received the rating of 4.6 out of 5 from ICObench, a popular rating platform and a blockchain community supported by a wide range of experts.  

“Both the container liners and their customers will be given valuable TEU tokens that will be held as deposits with conditions, and paid out later upon the execution of the shipment booking,” explains a senior member of the team 300cubits. “The container liners will be compensated with the TEU tokens if the customers do not turn up with cargoes. Likewise, the customers will be compensated with the TEU tokens if their cargoes are rolled.”

The production system of the project is expected to go live on June 15, 2018. A system prototype has been successfully tested by most of the major industry participants, while over eighty shippers have already signed up to use the TEU tokens. The first live trial on two 40-feet high cube containers out of Malaysia has been successfully completed with the participation from a major container liner, Malaysia’s West Port and LPR, a large Brazilian textile importer.

About the Company: 300cubits provides a blockchain solution, tackling industry pain points such as “No Show” by creating TEU tokens, a digital currency, as booking deposit and an ecosystem to facilitate the use of the digital currency. To participate in 300cubits’ ICO, please sign up for the waitlist here or join the company’s telegram group here.

Contacts: Jonathan Lee

Website: www.300cubits.tech

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.

How MedChain will Solve Interoperability of Medical Records in the United States

HIPAA Rules and regulations limit the direct use of a public blockchain to store electronic Protected Health Information (ePHI). We know blockchains are secure, so why is the technology non-compliant? Because the blockchain’s cryptographic process relies on pseudonyms that are mathematically derived. HIPAA’s Privacy Rule prohibits the use of these pseudonyms as tools to de-identify private information. In addition to being non-compliant with HIPAA’s Privacy Rule, a traditional blockchain ledger faces storage and access roadblocks. A system allowing direct posting of ePHI to the blockchain might require each provider to maintain a database with the complete medical records of all

HIPAA Rules and regulations limit the direct use of a public blockchain to store electronic Protected Health Information (ePHI).

We know blockchains are secure, so why is the technology non-compliant? Because the blockchain’s cryptographic process relies on pseudonyms that are mathematically derived. HIPAA’s Privacy Rule prohibits the use of these pseudonyms as tools to de-identify private information.

In addition to being non-compliant with HIPAA’s Privacy Rule, a traditional blockchain ledger faces storage and access roadblocks. A system allowing direct posting of ePHI to the blockchain might require each provider to maintain a database with the complete medical records of all patients – data storage and ease of access would quickly become large problems.

Additional steps are needed to ensure blockchain solutions don’t violate HIPAA requirements –Enter MedChain and the HIPAA adherent blockchain governed Distributed Storage Network.  

Goals with a Blockchain-based Solution for Medical Records

MedChain offers a creative solution that can act as an intermediary between the providers’ HIPAA-compliant database and the blockchain network or as a standalone EMR system, delivering the benefits of blockchain technology while maintaining the HIPAA Privacy Rule:

Goals for more effective management of medical records include the following:

  • Patient Controlled Access. Providers would be granted access to Electronic Medical Records (EMRs) through a verification process allowing the patient to approve or deny the access request through use of our Smart Phone application or webApp.
  • Distributed Storage Network. With no single point of failure, no master password and no single data silo; information would be secure yet accessible when needed. Data will be fragmented into ‘shards’ and stored across hundreds of HIPAA compliant storage servers. MedChain uses a blockchain transaction ledger to reference storage location; data fragmentation, end-to-end encryption, private/public key encryption, and cryptographic hashing functions to keep the off-chain ePHI secure.
  • Interoperability. When granted access to patients’ records, providers will be able to access EMRs associated with their granted level of permission. Patients will have access and control of their medical records from a single account, avoiding the time and cost of requesting files from individual providers, that could take days or longer to arrive.

Why Blockchain Can Work with Medical Records

Current Situation:

  • HIPAA requires providers and associates to guard the integrity, availability, and confidentiality of PHI. The security controls aren’t universal and HIPAA entities haven’t always been careful when transmitting and storing data.
  • EMRs have developed with clunky momentum, system by system, provider by provider, patient visit by patient visit. Inconsistencies in the current system make EMRs less accurate, difficult to access, and vulnerable to security breaches. The U.S. Department of Health and Human Services Office for Civil Rights has almost 400 PHI breaches currently under investigation.

With MedChain:

  • The HIPAA compliant Distributed Storage Network provides the starting point for MedChain, removing the need for centralized data silos, mitigating the threat of external data loss.
  • Blockchain governed software encrypts EMR transmissions and relies on transparent Smart Contracts to facilitate access control, eliminating traditional failure points.
  • Bridging EMR systems with the blockchain will facilitate ease of access and interoperability, saving time, money, and possibly lives.

MedChain’s secure and reliable system will help providers and patients stay connected. With MedChain, resources used to prevent data breaches and store data can be shifted to a more valuable objective — delivering better healthcare.

The MedChain Pre-ICO is filed with the SEC and open to unaccredited US investors

What the tech billionaires think of cryptocurrencies

Opinions vary among the world’s leading tech pioneers when it comes to cryptocurrencies and here we will have a look at where some of the greatest minds in tech think we are headed.

Opinions vary among the world’s leading tech pioneers when it comes to cryptocurrencies and here we will have a look at where some of the greatest minds in tech think we are headed.

Ripple Price Analysis – Continued banking adoption

Ripple (XRP) has continued its negative slide over the past month, having lost 82% of its value since the all-time high set in January. The market cap now stands US$59.25 billion, with US$383 million in trading volume over the past 24 hours.

Ripple (XRP) has continued its negative slide over the past month, having lost 82% of its value since the all-time high set in January. The market cap now stands US$59.25 billion, with US$383 million in trading volume over the past 24 hours.

Belarus leads the way with new crypto accountancy laws

Today Belarus officially joined the race to become an international center for blockchain innovation, when its crypto tax and accountancy laws were enacted.

Today Belarus officially joined the race to become an international center for blockchain innovation, when its crypto tax and accountancy laws were enacted.

TON Pool ICO Platform: Universal New Generation Cryptocurrency Platform

As the practice of the last few years has shown, the powerful potential that the cryptocurrencies are endowed with, allows us to ensure decentralization and security of money operations in the modern world. But nowadays there is still no single currency that could be considered universal in the mass market and unite a multi-million audience in the global community. 2018 can be significant in this respect. The world will see a project called the Telegram Open Network (TON). Its key idea is to develop and implement a new crypto currency and the multi-block system Proof-of-Stake – TON will be the

As the practice of the last few years has shown, the powerful potential that the cryptocurrencies are endowed with, allows us to ensure decentralization and security of money operations in the modern world. But nowadays there is still no single currency that could be considered universal in the mass market and unite a multi-million audience in the global community.

2018 can be significant in this respect. The world will see a project called the Telegram Open Network (TON). Its key idea is to develop and implement a new crypto currency and the multi-block system Proof-of-Stake – TON will be the basis for it. After 2021, the name of the Telegram Open Network will be changed to The Open Network.

What is Pool ICO Platform?

Poolico-platform.com is a platform for uniting investors into pools, for participation in ICO projects, on the most favorable terms at the early stages of the initial offer.

The essence of our project is that we unite private investors in the pool, to participate in a closed primary offer of TON tokens. Each investor has the opportunity to buy his share through our platform. By registering and using your personal office, everyone can refill bitcoins or ether and buy the share in the pool. The funds are daily sent to the escrow account in US dollars, since participation in the primary offer of TON tokens is impossible by the crypto-currency. Your share is fixed in US dollars according to the average rate of bitcoin or ether at the time of receipt of funds.

At the end of the fund-raising, all raised funds will be used to purchase the TON tokens at the price set at the time of purchase. After that, all tokens will be distributed among participants of our platform in proportion to their contributions in US dollars.

All funds are transferred to the escrow account on a daily basis, and in case of impossibility to participate in the TON initial offer, all funds will be returned to their investors. But we plan to participate in the next round of sales, which, according to our data, still going to be.

What are the advantages of TON?

Thanks to integration into this system, millions of people will have free access to the crypto currency. Among the main advantages of TON is:

  • the work through mobile devices: you don’t have to carry large amounts of money with you, as many goods and services can be paid using crypto currency;
  • a high level of security: TON will ensure the safe storage of financial resources of each person in the detachment, since the cipher will be known only to the owner of the wallet;
  • simplicity of purchasing TON coins.

The Telegram messenger can become an excellent launching pad for the initial implementation of the project, as it is now connected by a large number of public chats, groups and channels with a multi-million base of subscribers. And it is the ready audience for the acquisition of digital content and physical goods. After 2021, it is planned to launch its own element called Telegram.

We aren’t employees of Telegram and don’t conduct a primary sale (ICO) on behalf of Telegram and its founders. Our platform is a pad designed to pool investors into pools for the purpose of participating in ICO projects that can bring good profit to each investor on the most favorable terms at the earliest stages of the initial offer.

Timeframe of fundraise

Fundraising will start on March 1, 2018. An approximate end date is April 1, 2018 (can be extended).

Softkap (it is the minimum amount of funds that must be collected to run the project) is $20 000 000.

The project’s founders are fully responsible for the use of the received funds. As part of the implementation and development of the project, these responsibilities will be transferred to a non-profit organization – the TON Foundation.

Each investment made in the crypto currency is transferred daily to the escrow account. And if until the end of the initial offer the softcap will not be assembled, we organize a refund of funds to all investors.

TON Pool ICO project official website poolico-platform.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.

Revain announces Dashboard’s next major version 0.6 as the platform hits 1000 reviews

Revain is launching version 0.6 of its platform, for the first time introducing an important new section of the Dashboard – Exchanges. Besides the major release, Revain is celebrating first 1000 reviews posted on the platform. “This a significant new pack of features on which we worked hard during this month”, says Revain CEO Rinat Arslanov. “Today we also celebrate first 1000 reviews posted in the platform which gives as confidence in Revain’s market potential and future scale.” Exchanges are the central part of the cryptocurrency world serving enormous amounts of users, data, and money. This is why Revain believes

Revain is launching version 0.6 of its platform, for the first time introducing an important new section of the Dashboard – Exchanges. Besides the major release, Revain is celebrating first 1000 reviews posted on the platform.

“This a significant new pack of features on which we worked hard during this month”, says Revain CEO Rinat Arslanov. “Today we also celebrate first 1000 reviews posted in the platform which gives as confidence in Revain’s market potential and future scale.”

Exchanges are the central part of the cryptocurrency world serving enormous amounts of users, data, and money. This is why Revain believes it is incredibly important to create a single place with authentic and trustworthy feedback for exchanges. From this moment users can leave their reviews on exchanges based on the support, registration and withdrawal processes. Revain starts with a few major ones and will keep adding others as the time goes.

Second big feature is the new score ranking. Revain’s custom algorithm ranks all projects and exchanges based on their popularity and people’s impressions. Every user has an opportunity to influence this ranking by actively using the platform.

Third, Revain is adding Proof-of-Reviewing feature. After leaving a feedback on the Dashboard, a user will receive an email with the copy of the review and Revain digital signature which confirms that user’s review was submitted. From that moment users can always have a proof in case their reviews may be manipulated.

Fourth, in v0.6 users can get a sense of their popularity on the platform. New email notifications are aimed to give people a little insight on how their review is performing, including statistics such as views and likes.

Fifth, review section on the projects pages was completely redesigned to be more functional, convenient and easy to use.

Sixth, a mobile version of the Dashboard is improved as more and more people use Revain on mobile devices.

About Revain   

Revain was created to revolutionize online reviews using blockchain technology. Its platform is designed to accumulate authentic user reviews on startups and projects that have concluded their crowdfunding/ICO stage. The platform is bringing to life the service that will finally allow businesses to receive detailed and genuine feedback about their projects, while users will get access to other people’s experience with ICOs and share their own insights as well. The platform will be aggregating information on token dynamics and major milestones in each listed startup’s development. Revain released version 0.5 of the platform in February 2018 with a target to deliver full release 1.0 as early as Q2 2018.

Revain platform is available on https://dashboard.revain.org/

Official Website: https://revain.org/

Telegram: https://t.me/joinchat/CzZcC0PCgpJcbBCb3JfNeQ

Facebook: https://www.facebook.com/revain.org/

Twitter: https://twitter.com/Revain_org

Medium: https://medium.com/revain

Reddit: https://www.reddit.com/r/revain_org/

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.

DeskBell Chain – the First Free Technological Complex for the Hotel Industry

Today, hotels all over the world differ from each other not only in class or in the number of stars: many of them have particular specifics. Business, resort, boutique, spa hotels, chalets, lodges – this is not the whole list. Perhaps, the most important thing which unites them is the desire to make their guests stay the most comfortable, while having a high profit and minimal expenses. In the nearest future, it will become even easier to achieve these goals, observing a reasonable balance between them. The hoteliers should only pay attention to the free technological complex for the hotel

Today, hotels all over the world differ from each other not only in class or in the number of stars: many of them have particular specifics. Business, resort, boutique, spa hotels, chalets, lodges – this is not the whole list. Perhaps, the most important thing which unites them is the desire to make their guests stay the most comfortable, while having a high profit and minimal expenses. In the nearest future, it will become even easier to achieve these goals, observing a reasonable balance between them. The hoteliers should only pay attention to the free technological complex for the hotel industry – DeskBell Chain.

DeskBell Chain really can be called innovative. Applying traditional mechanisms of targeting geolocation-related advertising, the project presents an absolutely new model of interaction between business and clients in the sphere of tourism. Hotels and their guests, nearby establishments and local business form a unified system of mutual exchange of offers and events. At the same time, the usual mechanisms of marketing programs and services will be replaced by motivated participation of all parties and the socialization of the service. DBT tokens are the internal currency of the DeskBell service, and will be the motivating reward for participating in the system and completing any tasks. How does it work?

DeskBell service connects tourists with the hotels and with any object of tourism in the future. This will make it possible to use the service not only as a global marketplace for goods and services, but also as a distribution center for targeted information (local advertisements, information about the hotel itself, the surrounding area, prices and offers) and interactive events (assignments from both the hotel and the tourist business). Imagine: a local nightclub is a customer that offers several tasks to complete: to read an information message and respond to it, visit the nearest event and make a brief photo report from that event. Then, the customer determines where and how the announcement will be distributed and what the terms of the reward are. The tourist, in his turn, chooses something that is easier or more interesting for him, completes the task and, as a result, receives a reward – DBT tokens.

DeskBell Chain, based on the geolocation database of the DeskBell service, will use the hotels as nodes to distribute the promotion programs. In the future, any tourism objects registered in the system will serve as nodes and become participants of the ecosystem. Moreover, any person can be the customer, as well as the hotels and tourism business in the region of distribution.

By the time of release, several promotion programs will be presented to DeskBell Chain. Firstly, it’s a targeted ad system. Here, the motivational part of the tokens will be distributed between the user’s hotel, places where the ad will be shown, and users who completed the task. Secondly – a motivated replenishment of the base content. In other words, tourists will be asked to fill in the information about places of interest, objects of tourism and the hotel in order to get a reward. At the same time, according to the developers, their main goal is to scale the DeskBell service and increase the convenience of services in hotels.

Obviously, the model offered by DeskBell Chain is convenient and beneficial for all its participants. The hotels, nearest restaurants, theaters, museums, clubs, etc. can not only reduce advertising costs and simplify interaction with customers, but also increase their average check by offering additional services. Moreover, DeskBell Chain will allow them to motivate partners for mutual promotion and create personalized offers for different groups of users. The tourists, in addition to tokens remuneration, will receive favorable discounts and offers. The received tokens can be used as means of payment from any partner participating in the DeskBell Chain system.

The complex, represented by the DeskBell service, may not be so familiar for all its potential users so far. But there are advantages that it offers, which are absolutely free of charge and keep your attention on exploring and mastering it. Moreover, there is no doubt that this model of interaction between business and clients in tourism will harmoniously fit into the hotel business system and significantly improve it.

Deskbell.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.

Legal Status of Cryptocurrencies and Medical Marijuana And How They Overlap

Cryptocurrencies, over the past few years – have risen to prominence in the world of finance and technology. This FinTech revolution has now become mainstream, especially with 2017 being a landmark, breakout year for cryptocurrencies. In a year where names such as Ripple and Ethereum boomed by 36,000% and 9,000% respectively, a larger number of people are now aware about cryptocurrencies than ever before. However, this has forced many governments around the world to regulate them. Cryptocurrency transactions are being associated with illegal trade, money laundering and extortion across the world. ICO scams are a whole other issue. All of

Cryptocurrencies, over the past few years – have risen to prominence in the world of finance and technology. This FinTech revolution has now become mainstream, especially with 2017 being a landmark, breakout year for cryptocurrencies. In a year where names such as Ripple and Ethereum boomed by 36,000% and 9,000% respectively, a larger number of people are now aware about cryptocurrencies than ever before. However, this has forced many governments around the world to regulate them.

Cryptocurrency transactions are being associated with illegal trade, money laundering and extortion across the world. ICO scams are a whole other issue. All of these reasons put together have made global governments take strict measures towards cryptocurrency investments and the way they are treated.

Talking about strict steps, marijuana cultivation is another legal aspect where governments have been quite strict in the past. However, over the past couple of years there has been a significant progress towards legalizing marijuana – especially for medical consumption. Research in understanding the benefits of medical marijuana has led to the discovery of benefits of marijuana such as easing the pain of those suffering through chronic pain and benefits in chemotherapy and the fight against cancer.

Over time, 30 US States and Districts have legalized medical marijuana and 7 States and DC have legalized recreational marijuana consumption as well. Australia too, has recently legalized medical marijuana after looking at the benefits that it has to offer. Interestingly, Australia is also quite liberal when it comes to cryptocurrency laws and there are no restrictive regulations in place.

A combination of medical marijuana and cryptocurrency Australia based KPR Medical Solutions (KPRMS) has now taken it upon themselves to ensure that the country’s medical marijuana needs are fulfilled. Teaming up with Renewable Mining Australia (RMA), KPR Medical Solutions aims at growing medical marijuana which will help them fulfill the needs of Australia, as well as supply medical marijuana at a global level.

The company aims at raising $30 Million in an Initial Coin Offering which will set the ball rolling. Investors in this ICO would get the KPR Coin cryptocurrency token in exchange for Ethereum. Money generated from this Initial Coin Offering (ICO) will allow them to buy the land and purchase equipment for mining Bitcoin. This Bitcoin mining equipment would help the company sustain itself over the years – and VIP investors would be rewarded with Bitcoin rewards, as well as KPR Coin rewards.

The fight for legalization of marijuana as well as cryptocurrencies continues – while governments are relaxing their laws for the former, the laws against the latter are getting stricter with every passing day. However, Australia has found the perfect balance, allowing projects like these to foster. For more details on KPR Medical Solutions and their plan to grow medical marijuana with the help of an ICO fundraiser, head to their official website at: https://www.kprms.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.

The Future Success of Cryptocurrency Hinges on Embracing Decentralization

TheMerkle Decentralization CryptocurrenciesFuture cryptocurrency trading platforms will look very different from what we are used to today. With atomic swaps and decentralized trading platforms becoming more commonplace, things will get pretty interesting in the future. Ripple co-founder Jed McCaleb is convinced that a decentralized network is the key to success for all cryptocurrencies. A New Era of Crypto Trading Even though centralized trading platforms provide a high degree of convenience when it comes to buying, selling, and trading cryptocurrencies, they are also a weak link. With their infrastructure issues and status as custodians of customer funds, it’s evident things need to change soon. Unfortunately, finding

TheMerkle Decentralization Cryptocurrencies

Future cryptocurrency trading platforms will look very different from what we are used to today. With atomic swaps and decentralized trading platforms becoming more commonplace, things will get pretty interesting in the future. Ripple co-founder Jed McCaleb is convinced that a decentralized network is the key to success for all cryptocurrencies.

A New Era of Crypto Trading

Even though centralized trading platforms provide a high degree of convenience when it comes to buying, selling, and trading cryptocurrencies, they are also a weak link. With their infrastructure issues and status as custodians of customer funds, it’s evident things need to change soon. Unfortunately, finding proper alternatives can be hit-and-miss.

Luckily, we’ve seen some positive developments recently. Decentralized trading solutions are slowly gaining traction. The 0x protocol as well as barterDEX and other solutions are all becoming quite popular as of right now. There is still some concern over their liquidity, but it is evident there is a lot of room for improvement in this regard.

If Ripple co-founder Jed McCaleb is to be believed, this shift to decentralized trading solutions is an absolute must. This does not just apply to trading, though, as he is confident in a decentralized network connecting the underlying cryptocurrency blockchains as well. As such, this new network should be capable of bringing some competition to Swift and PayPal, but without their centralized aspect.

Building out this infrastructure in which anyone can participate is not easy by any means. Running network nodes in a decentralized manner has proven to be quite challenging for most cryptocurrencies. Even in the Bitcoin world, there are a lot of centralized nodes, mainly because people host them on web servers controlled by the same companies. That’s not a positive development by any means, yet there isn’t much that can be done about it. Ripple has the same issues, although it is the team which is operating most nodes, rather than the community.

It is evident this situation will need to change pretty quickly. McCaleb now works for Stellar, a company looking to build an internet-level protocol, rather than just a new blockchain. Moreover, the company’s non-profit status will make it a lot more appealing moving forward.

The cryptocurrency sector has seemingly lost track of its decentralization aspect as of late. Restoring those norms and values will not be easy, but it is something which passionate community members can work on. A decentralized internet protocol-level cryptocurrency-oriented solution will certainly introduce a lot of changes, but it remains to be seen how feasible this concept really is in the long run.

State looks to attract Bitcoin tech companies – CT Post

State looks to attract Bitcoin tech companiesCT PostHARTFORD — As Connecticut hustles to attract new businesses, some legislators are turning toward a technology powering the popular cryptocurrency Bitcoin. Blockchain is a public ledger system that rec…


State looks to attract Bitcoin tech companies
CT Post
HARTFORD — As Connecticut hustles to attract new businesses, some legislators are turning toward a technology powering the popular cryptocurrency Bitcoin. Blockchain is a public ledger system that records transactions of digital currencies. The ...