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NEO, EOS, Litecoin, IOTA and Stellar Lumens: Technical Analysis April 4, 2018

NEO, Litecoin, Stellar Lumens, IOTA and EOS are inching higher but it’s that strong surge in Litecoin that makes it our highlight today. For the second consecutive day, the top 10 liquid cryptocurrencies are in the green. That’s a breather and considering the positive correlation of Bitcoin and altcoins, gains in the former should help

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NEO, Litecoin, Stellar Lumens, IOTA and EOS are inching higher but it’s that strong surge in Litecoin that makes it our highlight today.

For the second consecutive day, the top 10 liquid cryptocurrencies are in the green. That’s a breather and considering the positive correlation of Bitcoin and altcoins, gains in the former should help drive prices in the later.

Let’s have a look at these charts:

XLM/USD (Stellar Lumens)

Stellar Lumens Technical Analysis

XLMUSD Daily Chart from Bittrex for April 4, 2018

Leading the altcoins charge is Stellar Lumens. Adding on yesterday’s gains, Stellar Lumens is up 3.15% in the last 24 hours according to data from CoinMarketCap. From our previous stellar Lumens technical analysis, all buyers needed was a close above $0.22 and that is exactly what we are seeing.

In the 4HR chart, the resistance trend line is our immediate barrier for higher highs but fortunately, bulls can take reprieve with price developments in the daily chart.

Stellar Lumens buyers are trending above the middle BB, a major resistance line in Q1 2018. With a stochastic buy signal in place, it’s likely that buyers will add to their gains today. Buyers should aim for $0.40 in the short term.

On the fundamental front, Smartlands, the global ICO platform will held an AMA session on March 3. Already, plans are there for this platform to run their tokenization and crowd funding from Stellar platform. Solid plans as such will surely help drive demand for Lumens.

IOT/USD (IOTA)

IOTA Technical Analysis

IOTUSD Daily Chart from BitFinex for April 4, 2018

Whether IOTA is the future or not, investors should always have positive returns. In the past 3 months, that has not been the case and with losses exceeding 80% from the coin’s all-time highs, traders and positional investors need assurance. IOTA is doing exactly that. Yes, there is revamp of Trinity and with addition of Merali, the CTO of Mobli, things might turn green if he brings on board his experiences.

From price action, buyers seem to be in charge. In the daily chart, our IOTA analysis hints of possible higher highs since there is a stochastic buy signal in place.

Without going overboard, buyers can look for long entries in lower time frames and aim for $1.2 and $1.45 in the short term. Afterwards, any surge and close past the 78.6% Fibonacci retracement level might open doors for further long considerations.

EOS/USD (EOS)

EOS Technical Analysis

EOSUSD 4HR Chart from BitFinex for April 4, 2018

At $6, EOS is up 5% according to CoinMarketCap and that also means this DApp platform is in the green for the past 3 consecutive days. It also means buyers are building up momentum and feeding off the bullish divergence pattern in the 4HR chart.

Apart from this momentum, chances are buyers will find enough momentum to close above the major resistance trend line and surge past $7.5 in the next couple of days.

Of course, from our EOS technical analysis, it’s obvious that there is a change of tide and with sellers slowing down, bulls can look for buy entries in lower entries and aim for $7.5 and $9 if the pressure is high.

LTC/USD (Litecoin)

Litecoin Technical Analysis

LTCUSD Daily Chart from CoinBase for April 4, 2018

Despite selling his Litecoins and admitting influence on price, Charlie Lee is back again shilling the coin. Judging from his tweets, he seems upbeat urging supporters to spread the Litecoin gospel.

Anyhow, Litecoin is up 15% as I type this and it looks like buyers are stepping up their pressure. A stochastic buy signal and a bullish engulfing candlestick latter, buyers are eyeing our first resistance level at $140.

If prices manage to break and close above that resistance trend line in the daily chart, $180 would be the next feasible target.

NEO/USD (NEO)

NEO Technical Analysis

NEOUSD Daily Chart from Bittrex for April 4, 2018

The general NEO coin slide has been painful to watch. After Kucoin de-listing and a couple of other altcoins bad news, NEO is making a recovery. Regardless of all the negativity, there is meaningful development on the cards. You can now sync your blox.io app and your NEO wallet.

On the technical front, NEO prices are bouncing off last year’s highs at around $50 completing the retest phase of a larger bullish market.

Because there is a stochastic buy signal in place, I recommend long with stops at $45 just like yesterday’s NEO technical analysis recommendation.

All charts courtesy of Trading View

Feature Image courtesy of PixaBay.

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What Is SolarCoin Cryptocurrency?

After Bitcoin showed the world what blockchain technology could do, many projects began thinking about how to incorporate blockchains into every part of our lives. One such project is SolarCoin, a cryptocurrency focused on the solar power industry and offsetting the large costs associated with the installation of such systems. What is SolarCoin? SolarCoin (SLR) is a cryptocurrency designed to incentivize decentralized solar power generation by rewarding solar electricity generators per megawatt hour. Launched in early 2014, SolarCoin has similar code to Bitcoin, but implements two ways of minting SolarCoin and distributing it within its ecosystem. The first is the familiar Proof-of-Staking consensus algorithm that

After Bitcoin showed the world what blockchain technology could do, many projects began thinking about how to incorporate blockchains into every part of our lives. One such project is SolarCoin, a cryptocurrency focused on the solar power industry and offsetting the large costs associated with the installation of such systems.

What is SolarCoin?

SolarCoin (SLR) is a cryptocurrency designed to incentivize decentralized solar power generation by rewarding solar electricity generators per megawatt hour. Launched in early 2014, SolarCoin has similar code to Bitcoin, but implements two ways of minting SolarCoin and distributing it within its ecosystem.

The first is the familiar Proof-of-Staking consensus algorithm that has become increasingly popular among energy-conscious communities. It was originally a Proof-of-Work model, but since the entire project is centered around energy efficiency, the choice to switch over to a less resource-intensive consensus mechanism was obvious. There isn’t much to it: SLR owners stake their SLR to secure the network and are rewarded with a certain percentage of newly minted coins for their staking efforts.

The more interesting consensus algo is something called “Proof-of-Generation.” Proof-of-Generation requires that community members register their solar power systems with the SolarCoin Foundation by supplying the foundation with the relevant documents to prove activity and ownership of a given solar power system. Every six months, the SolarCoin Foundation pays out registered network participants directly to their SolarCoin wallets. It is even granting retroactive claims to January 1, 2010.

Between these two consensus mechanisms, SolarCoin has a 2% annual inflation rate, and the supply awarded to Proof-of-Generation users on the network is projected to run out after about forty years.

SolarCoin also has plans to put a copy of its blockchain on Cloud Constellation Corporation’s SpaceBelt in order to provide its users with even greater data security and integrity.

Why SolarCoin?

The motivations behind SolarCoin are found in its whitepaper, and the argument is compelling. While it is becoming cheaper and cheaper to produce and use solar energy, the cost of transitioning from fossil fuels is still very real. While 1 SLR per MWh may not seem like a whole lot (SLR was trading around $0.27 at the time of writing), every little bit helps.

The SolarCoin Foundation also seems rather optimistic about the adoption of solar power, having only set a forty year window for users to claim SLR for generating electricity. The assumption is that the cost of transitioning to renewable energy from fossil fuels will either be negligible or unnecessary (since electricity generation would have largely transitioned to renewables).

While it’s an older project and something that has not seen a large amount of adoption, SolarCoin is definitely something worth checking out. It attempts to tackle a real-world problem through economic incentives, which is something that always piques my interest.

New Aussie Cryptocurrency Rules Start Today

As from 3 April 2018, cryptocurrency exchanges throughout Australia must now follow new rules designed to combat money laundering and terrorism financing. New obligations for exchanges to adhere to are clearly laid out in the Australian Transactions and Reports and Analysis Centre’s (AUSTRAC) new webpage. Digital currency exchange providers registering with Austrac will be required to identify …

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As from 3 April 2018, cryptocurrency exchanges throughout Australia must now follow new rules designed to combat money laundering and terrorism financing.

New obligations for exchanges to adhere to are clearly laid out in the Australian Transactions and Reports and Analysis Centre’s (AUSTRAC) new webpage. Digital currency exchange providers registering with Austrac will be required to identify and verify the identities of their customers and report suspicious matters. Transactions involving physical currency or more must also be reported.

Providing digital currency services without registration will be deemed a criminal offence under the new laws. This follows the Anti-Money Laundering and Counter-Terrorism Financing Bill 2017 passed last year by the Australian Senate. It was the second new bill to successfully pass through the Senate concerning cryptocurrency regulation. The first dealt with Australia’s controversial and unpopular double taxation of cryptocurrencies.

The Australian ministry of justice suggests that the new legislation will “close the regulatory gap,… with the authority of AUSTRAC” and ‘”strengthen investigation and execution powers, to expand the search and capture opportunities for police and customs at the border and provide regulatory assistance to the industry”.

Attempts to bring a legislative base to the cryptocurrency market were conducted since the middle of 2016, when the government issued a large-scale statement on financial technologies. Although these new measures give AUSTRAC the power to prosecute non-compliant exchanges they state that a “policy principles” period will be in place from 3 April. During this time, AUSTRAC can only take punitive action if a cryptocurrency exchange fails to comply with the new rules or fails to at least take “reasonable steps” to do so.

2017 was the year of the blockchain for Australian cryptocurrency enthusiasts. In 2018, Australia ‘s private sector continues to explore a range of blockchain applications as the industry continues to grow from state to state. On 12 May, the Sydney Showground has scheduled a Bitcoin and Blockchain Fair which promises a place where the public can learn about “exciting new opportunities in the growing ecosystems of cryptocurrency and blockchain”.

 

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Amber Baldet Steps Down From JPMorgan, Pursues Own Startup

Amber Baldet, the face of JPMorgan’s corporate blockchain project Quorum and former head at the bank’s Blockchain Center of Excellence, has stepped down from her post. Baldet is reportedly seeking to head up her own blockchain startup, after having set the direction for much of JPMorgan’s blockchain ventures. According to Fortune, a JPMorgan spokesperson confirmed …

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Amber Baldet, the face of JPMorgan’s corporate blockchain project Quorum and former head at the bank’s Blockchain Center of Excellence, has stepped down from her post. Baldet is reportedly seeking to head up her own blockchain startup, after having set the direction for much of JPMorgan’s blockchain ventures.

According to Fortune, a JPMorgan spokesperson confirmed Baldet’s resignation, adding in a statement that “We respect her desire to start her own venture and we wish her nothing but the best.”.

An internal bank memo released on Monday indicated that Baldet’s replacement had already been appointed. She will be replaced by Christine Moy, currently a senior product manager at the bank’s blockchain center. Moy, incidentally, was the first hire made by Baldet during her tenure, hinting that she had handpicked her successor.

Moy will be expected to continue JPMorgan’s push into corporate blockchain technology, primarily through its Quorum private blockchain, which is self-described as “an enterprise-focused version of Ethereum”. Its popularity has already fueled rumors of a spinoff, in the belief that a platform independent from the bank could appeal to a wider audience.

Moy had been working closely with Bardet in JPMorgan and was most recently leading product development across its investor services and capital markets businesses.

Bardet “overwhelmed” by support

A popular figure in the industry, well-wishers and offers appear to be inundating Baldet’s social media accounts. She today tweeted that “… I currently have 2,080 LinkedIn requests and my DMs are basically melting. This level of support is amazing and a bit overwhelming.”

Amber Baldet, 35, is a regular attendant at hacker conferences, seen as one of the few in the blockchain industry to successfully assume the seemingly contrasting landscapes of the corporate realm and crypto sphere. Bloomberg has described her as “comfortable in the bank world as well as the cypherpunk or crypto community, and she seems equally authentic for both”.

 

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Bitcoin just had its worst start to the year ever. Here’s why this quarter could be better – CNBC


Express.co.uk

Bitcoin just had its worst start to the year ever. Here’s why this quarter could be better
CNBC
After bitcoin closed out the worst first quarter in its history, one cryptocurrency expert sees it rebounding from recent losses and possibly bouncing back to early year highs. “Q2 is always good for Bitcoin,” Brian Kelly, founder of Brian Kelly
Bitcoin price ‘BOOM’: Finance chief hails cryptocurrency ‘LIQUIDITY’ as values SOARExpress.co.uk

all 4 news articles »


Express.co.uk

Bitcoin just had its worst start to the year ever. Here's why this quarter could be better
CNBC
After bitcoin closed out the worst first quarter in its history, one cryptocurrency expert sees it rebounding from recent losses and possibly bouncing back to early year highs. "Q2 is always good for Bitcoin," Brian Kelly, founder of Brian Kelly
Bitcoin price 'BOOM': Finance chief hails cryptocurrency 'LIQUIDITY' as values SOARExpress.co.uk

all 4 news articles »

What Is ArcBlock Cryptocurrency?

TheMerkle ArcBlockThere are a lot of innovative projects in the world of blockchain and cryptocurrency. ArcBlock is trying to do something different, which is always a positive sign. This open chain access protocol is designed to provide an abstract layer for accessing underlying blockchains. As such, the applications built on top of this new chain are cross-compatible. How Does ArcBlock Work? Bridging the gap between different blockchains and their respective ecosystems has not been easy. There are some solutions which attempt to solve this problem, but it is evident there is plenty of room for competition in this regard. Building an open

TheMerkle ArcBlock

There are a lot of innovative projects in the world of blockchain and cryptocurrency. ArcBlock is trying to do something different, which is always a positive sign. This open chain access protocol is designed to provide an abstract layer for accessing underlying blockchains. As such, the applications built on top of this new chain are cross-compatible.

How Does ArcBlock Work?

Bridging the gap between different blockchains and their respective ecosystems has not been easy. There are some solutions which attempt to solve this problem, but it is evident there is plenty of room for competition in this regard. Building an open chain access layer capable of spanning multiple new and existing blockchains is a very interesting business model.

The Technical Specifications

If all blockchains in the world were capable of connecting to one another, the ecosystem would be a lot more robust. As of right now, every chain has its own ecosystem and has a specific use case. For this technology to go mainstream, there will need to be a more unified approach. ArcBlock wants to solve this problem by letting developers build applications that work across multiple chains.

By designing this project as a platform service instead of a set of APIs, ArcBlock aims to be a comprehensive solution combining blockchain technology and cloud computing. Moreover, the team aims to offer an incentive-driven marketplace for reusable services, applications, and so forth.

It seems ArcBlock also plans to build a distributed messaging system, which is something worth keeping an eye on. Applications built on top of the blockchain can run in a web browser as well as on mobile devices, which could make this new ecosystem quite versatile in the long run.

The ABT Token

As is customary these days, ArcBlock also has its own token, known as ABT. This token is used for paying costs associated with using services as part of the ArcBlock ecosystem. Users contributing resources or services to the platform will be rewarded with a portion of these tokens accordingly. It’s similar to how most tokens in the blockchain world operate these days.

The Road Ahead

Building a new ecosystem meant to connect various chains will not be easy. As of right now, the team has completed its token sale, and the first public release candidate for the Open Chain Access Protocol will be released in Q3. Early 2019 will herald the introduction of more technical features and an Ethereum Blocklet prototype.

Bitcoin Price Watch: Recovery – It’s Happening, People!

Following a rough two-week period, it seems like the predictions regarding bitcoin’s alleged recovery might be coming true. Yesterday saw the currency trading at roughly $7,100. A $300+ jump is now in the books, and at press time, bitcoin is trading for just shy of $7,500. This is a near five percent spike in less than 24 hours. The move likely stems from the recent report that Japanese cryptocurrency exchange Coincheck is on course to be rescued. Last January, Coincheck was the victim of one of the largest hacks in history. The platform lost over half-a-billion dollars in NEM coins

Following a rough two-week period, it seems like the predictions regarding bitcoin’s alleged recovery might be coming true. Yesterday saw the currency trading at roughly $7,100. A $300+ jump is now in the books, and at press time, bitcoin is trading for just shy of $7,500.

This is a near five percent spike in less than 24 hours. The move likely stems from the recent report that Japanese cryptocurrency exchange Coincheck is on course to be rescued.

Last January, Coincheck was the victim of one of the largest hacks in history. The platform lost over half-a-billion dollars in NEM coins – a figure surpassing that lost by Mt. Gox, a fellow Japanese exchange. The nation may be one of bitcoin’s largest modern-day hubs, but it’s clearly vulnerable to several of bitcoin’s ongoing security issues.

However, similar with what San Francisco firm Kraken did for Mt. Gox, Tokyo-based Monex Group has announced it is examining the possibilities of “taking over” Coincheck, and that an official deal could be reached as early as this week.

The company released the following statement:

“We have been considering the acquisition of the cryptocurrency firm [Coincheck] mentioned in the report today, but have not made any decision yet. Moving forward, should there be facts determined by Monex Group, Inc. that need to be disclosed, we will do so in a timely and appropriate manner.”

Monex has been experimenting heavily with the blockchain and cryptocurrencies, and has been seeking an open door to the industry for some time. “As part of our efforts, we set up the Monex Cryptocurrency Lab in January this year, and have also been considering the secure and socially responsible cryptocurrency (crypto-assets) business,” executives commented.

A potential takeover of Coincheck could be the answer they’re looking for.

Despite the good news regarding bitcoin’s price, some analysts remain bearish in their sentiment. A group of Zurich-based researchers, for example, state that users shouldn’t get too comfortable with the current price, as things are about to get even uglier. They predict the cryptocurrency market could shed as much as 37 percent later this year, which would bring the total market cap down from about 120 billion to 77 billion.

The researchers base their decisions on what’s known as Metcalfe’s law, a principle first described in the 1980s by ethernet founder Bob Metcalfe. He states that “the value of a network is proportional to the square of the number of nodes.” This idea is also known as the “network effect.”

The researchers say there simply aren’t enough bitcoin users to support growing price hikes. They suggest that the hype which occurred in 2017 was a fluke that’s not likely to be repeated. Even worse, they state users can expect several volatile swings throughout the remainder of the year before the currency even starts to settle.

On the other hand, former VISA executive John Matonis praised bitcoin, and said it was headed towards a prospective price boom thanks to what he feels will be ongoing cooperation and integration from banks and financial institutions. He says that anyone who still sees bitcoin as a bubble isn’t seeing things clearly, and that bitcoin is the “pin that is going to pop the bubble.”

Investors Continue to Flock to Bitcoin Despite Current Bearish Trend

bitcoin hardware wallet securityEven though the year 2018 has not been all that great for Bitcoin and other cryptocurrencies, the demand for these new assets is not slowing down in the slightest. In fact, investors have shown a renewed interest in cryptocurrency as of late, which further confirms that this industry will continue to grow for quite some time. Investor Interest in Bitcoin is Spiking A falling Bitcoin price can mean many different things. To the untrained eye, it seems as if investors are losing interest in cryptocurrency once again, even though this current value decline also introduces a lot of new buying opportunities. If

bitcoin hardware wallet security

Even though the year 2018 has not been all that great for Bitcoin and other cryptocurrencies, the demand for these new assets is not slowing down in the slightest. In fact, investors have shown a renewed interest in cryptocurrency as of late, which further confirms that this industry will continue to grow for quite some time.

Investor Interest in Bitcoin is Spiking

A falling Bitcoin price can mean many different things. To the untrained eye, it seems as if investors are losing interest in cryptocurrency once again, even though this current value decline also introduces a lot of new buying opportunities. If Forbes is to be believed, investors’ interest in Bitcoin is not slowing down in the slightest, although it is not reflected in the market just yet.

Everyone knows the cryptocurrency markets are prone to volatility. That has been the case for over nine years now and probably will continue to be the case for many years to come. It is this volatility which attracts positive attention from investors, as they see a lot of opportunities to make money.

Even though the Bitcoin price is certainly on the decline as of right now, there is no reason to panic just yet. A lower Bitcoin price will eventually attract a lot of new investors at some point. After all, many people feel they missed the boat when Bitcoin hit $19,000 late last year, and they are now getting the opportunity to buy in at a lower price.

To some people, it makes no sense whatsoever that anyone would invest in Bitcoin while the price is clearly dropping. Judging from past charts, the Bitcoin price often undergoes large corrections and ultimately comes out on top by setting new all-time highs. If that pattern were to repeat itself, we could very well see Bitcoin hit $20,000 or slightly more this year.

Investors are taking note of the opportunities presented to them. New investors are flocking to cryptocurrency as of right now, partially because all other major financial markets and investment options are also on the decline. The Dow Jones and S&P 500 have taken quite the beating throughout 2018, further confirming that this downtrend has affected all markets in the same manner.

It is evident the future of Bitcoin doesn’t look as grim as some people may want you to believe. To be sure, there is a lot of bearish pressure on the market right now, but it will subside eventually. Whether or not that will happen soon or take multiple months remains to be seen. However, Bitcoin is a very resilient currency, and it will not be going away anytime soon. A rough start to the year means nothing when looking at the bigger picture.

Google To Implement Complete Ban Of Chrome Mining Extensions

American multinational technology company Google has announced plans to have all cryptocurrency mining extensions on Chrome removed by June 2018. Mining extensions targetted by crypto jackers The written statement released on 2 April cites the reasoning for this action as non-compliance from developers with Google’s service standards. The statement notes a recent rise in ”malicious extensions” that …

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American multinational technology company Google has announced plans to have all cryptocurrency mining extensions on Chrome removed by June 2018.

Mining extensions targetted by crypto jackers

The written statement released on 2 April cites the reasoning for this action as non-compliance from developers with Google’s service standards. The statement notes a recent rise in ”malicious extensions” that appear functional but run unauthorized cryptocurrency mining scripts unbeknown to the user.

These embedded scripts often consume a significant amount of CPU resources, leading to a vast increase in power consumption and a negative impact on the computer’s system performance. Google illustrates in a diagram that can be found on the post, how CPU usage can increase almost 75% when the hidden software is running. The new measures taken by Google are to protect users from this form of crypto jacking.

Google described the ban as a way of  ”ensuring that Chrome users can enjoy the benefits of extensions without exposing themselves to hidden risks”. The Chrome Web Store was described by Google as the target of malicious software developers looking to exploit users through the mining extensions.

90% of extensions failed to comply

Google had previously allowed mining software that complied with their standards to run on Chrome extensions. However, the company had to recently remove 90% of cryptocurrency mining extensions as they did not meet the criteria necessary: mining being the sole purpose of the extension, and that the user be adequately informed about the mining behavior.

This move from Google comes after the tech conglomerate announced a ban of ICO and cryptocurrency advertisements on both its display-ads and on Youtube.

Google has not restricted the use blockchain-related applications for other purposes as long as they comply with policy standards. The Chrome Web Store still lists a number of cryptocurrency wallet extensions.

Preventing unwanted crypto mining

As crypto jackers have developed mining scripts embedded into web extensions and websites, software engineers have created various ways to prevent this.

Google Chrome offers extensions such as No Coin as a protective extension that stops coin mining on the Chrome browser. When a website that is attempting to mine is detected, it flags the website with a red symbol and allows the user to temporarily whitelist the website.
MinerBlock is another similar Chrome extension, working as an open-source tool that can be used to block cryptocurrency mining in the Chrome web browser.

 

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Bitcoin – A Possible Triple By The End Of The Year – Seeking Alpha

CBS NewsBitcoin – A Possible Triple By The End Of The YearSeeking AlphaA lot has happened to bitcoin since my December 10 article. It seems like bitcoin (Cryptocurrency:BTC-USD) (COIN) (OTCQX:GBTC) bears got the decline they were waiting for. After sur…


CBS News

Bitcoin - A Possible Triple By The End Of The Year
Seeking Alpha
A lot has happened to bitcoin since my December 10 article. It seems like bitcoin (Cryptocurrency:BTC-USD) (COIN) (OTCQX:GBTC) bears got the decline they were waiting for. After surging nearly 1300% in 2017, bitcoin peaked at $19,343 on Sunday ...
Is bitcoin dead? Hardly. Will it rebound? Who knowsCBS News
Bitcoin Is Still Way Over-Valued, Study FindsFortune
Swiss Researchers Forecast a Steep Fall for Bitcoin Price in 2018CCN
South China Morning Post -Forbes -TheStreet.com -Reddit
all 257 news articles »

World Satoshi Summit Partners with NASSCOM Blockchain SIG

World Satoshi Summit & NASSCOM Blockchain SIG to Promote adoption of Blockchain for various sectors and industries South-Asia’s largest Blockchain conference – World Satoshi Summit on Tuesday, March 20, 2018, issued a statement stating that it has successfully inked a strategic partnership with NASSCOM, the apex body of the USD 154B IT-BPM industry, through its

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World Satoshi Summit & NASSCOM Blockchain SIG to Promote adoption of Blockchain for various sectors and industries

South-Asia’s largest Blockchain conference – World Satoshi Summit on Tuesday, March 20, 2018, issued a statement stating that it has successfully inked a strategic partnership with NASSCOM, the apex body of the USD 154B IT-BPM industry, through its NASSCOM Blockchain SIG. The vision is to move towards a decentralized and transparent India, where the government and every industry, sector, the market will be able to leverage benefits through the efficiency gains offered by this revolutionary technology

The partnership will essentially give the Blockchain Ecosystem in India a tactical direction by providing much-needed support and fundamental architecture to the system with an aim to promote blockchain use cases and advantages among the Indian Corporates and Startups.

While Blockchain’s first innovation was the peer-to-peer digital currency Bitcoin, several years after its invention the technology’s distributed ledger architecture is now reckoned to hold the potential to disrupt every industry and gradually rewire the world economy.

World Satoshi Summit is envisioned as a series of events that will take place across the globe. The first chapter of is organized at the core of the Indian subcontinent in the capital city of New Delhi, on May 12 & May 13, 2018, at JW Marriott Hotel Aerocity. The conference will bring a massive 3500+ blockchain believers under one roof.

Founder of World Satoshi Summit, Harmeet Singh Monga issued a statement saying, “With World Satoshi Summit we are providing stakeholders of the Blockchain community a universal platform to ideate and innovate around the revolutionary technology. We firmly believe that India, world’s largest democracy, will serve as the proving ground for the emergent technological revolution. Tying up with NASSCOM is indeed an exhilarating opportunity for our team as the partnership will enable us to give the required support to the Blockchain community of this Region.”

 Top Global Influencers will convene together for the first time in the Southeast Asian region at World Satoshi Summit ‘18

 The 2018 World Satoshi Summit chapter is one of the rare events to bring Top Global Influencers together in the Indian region to speak on the impact of the distributed ledger technology.  Keynote Speakers include:

  • Sally Eaves– Emergent Technology CTO, Forbes Technology Council | Top 100 Blockchain Influencer
  • Ajeet Khurana– CEO at Zebpay
  • Devie Mohan– Founder of Turya, Cofounder & CEO at Burnmark| Top 10 Most Influential Fintech Personality
  • Kumar Gaurav– Blockchain Expert/Speaker, Founder & CEO at Cashaa | Top 100 Blockchain Influencer
  • Leanne Kemp– Founder & CEO, Everledger | Mapping Diamonds on Blockchain | 1M+ Diamonds already Mapped on Blockchain
  • Roger Ver– CEO Bitcoin.com, Bitcoin Billionaire & Founder Bitcoin Cash (Video AMA)
  • Ted Lin– Head of International Markets, Binance | Daily Volume: USD 500M – USD 1B
  • Richard Kastelein– Co-Founder, Crypto-assets Design Group | Top 100 Blockchain Influencer
  • Lawrence Lerner– CEO, RChain
  • Ross Smith– Director of Engineering, Microsoft
  • Janina Lowisz– VP Marketing, Cashaa | Top 100 Blockchain Influencer
  • Vinod Tiwari– GM Business Development and Sales, Powerledger

World Satoshi Summit aims to revitalize Business Processes & Products with focused initiatives for all the stakeholders of the community. One can look forward to the following at WSS 2018 – Delhi :

 

  • Blockchain for Enterprises

Dedicated sessions for various industries such as Travel, Insurance, Healthcare, FinTech, etc will be organized across the country to inform enterprises on how the deployment of the ledger based technology in core processes can lead to efficiency gains, minimized costs and enhanced interoperability in their respective industry sectors.

  • Deployment of Smart Contracts in Industries

Smart Contracts are changing the face of industries by eliminating the dependence on intermediaries, minimizing administrative costs, and doing away with the complexity of traditional contracts. At WSS Developers can attend and learn from the specially designed Developer-Focused Workshops on writing Smart Contracts and getting introduced to new blockchains in the market.

  • Hire the Right Talent

WSS will give enterprises the opportunity to recognize and acquire the right talent through mini Blockathon sessions where Developers will resolve given problem statements by designing unique Smart Contracts.

  • Nova-Stride for Startups

World Satoshi Summit will give startups solving real-world problems through Blockchain the golden opportunity to pitch to a panel of investors including VCs, IBs, HNIs, and Angels,  and get the chance to receive on the spot funding through the unique Nova-Stride initiative.

  • Blockchain for Social Change

With Blockchain for Social Change, WSS will focus on the empowerment of the underprivileged and ensure their inclusion in the technological revolution. This endeavor begins with the Women Economic Empowerment which aims to skill 250+ underprivileged women from across the world in technical and non-technical Blockchain skills by the year 2020. This will enable these women to be future ready for the huge surge in opportunities the decentralized industry is going to create.

  • Advocacy of Blockchain

The confederation will lobby the interests of Blockchain community in India by providing legal aid to startups and developers. The association will also work towards creating a favourable environment to work in the industry.

Grab your seats at World Satoshi Summit ‘18 today!

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