Day: April 16, 2018

Crypto markets fall slightly, but crypto investors like Tim Draper and analysts like Tom Lee keep the high BTC predictions coming. #NEWS

Cointelegraph found out where and how crypto whales and new-born billionaires spend their time. #PANORAMA

Electronics giant Samsung is developing a blockchain platform to manage its global supply chains, according to a report.

Ian Balina, a famous cryptocurrency evangelist and millionaire investor, has been hacked. A compromised college email account may have been at the origin of the hack, according to Balina, who has asked the community for help to catch the perpetrator.

Cryptocurrency Evangelist Allegedly Hacked Via Compromised Email Account

Ian Balina, a cryptocurrency investor, advisor, and evangelist, with a 142,000 Twitter following, announced on Monday that his cryptocurrency wallet was being hacked while he was hosting an ICO Review Live Stream.

Crypto Family, I need you now more than ever. I ended today's live stream b/c I am being hacked. I'm not worried about the money. I learned my lesson. I only care about catching the hacker. Please email any information to [email protected]. Thank you all the support. $ETH $BTC

— Ian Balina (@DiaryofaMadeMan) April 16, 2018

Balina’s tweet indicates he acknowledges he failed to set up robust security measures to prevent the incident. “I’m not worried about the money. I learned my lesson”, he wrote. The millionaire investor explained how he thinks he got hacked: “My college email was listed as a recovery email to my Gmail. I remember getting an email about it being compromised and tried to follow up with my college security to get it resolved, but wasn’t able to get it handled in a fast manner and gave up on it thinking it was just an old email.”

“I kept text versions of my private keys stored in my Evernote as encrypted text files with passwords. I think they hacked my email using my college email, and then hacked my Evernote”, Balina said, according to @WhalePanda.

Four days ago, Balina shared his portfolio on Twitter, which included DRGN, WABI, OST, ICX, NAS, RHOC, ABT, POWR, QSP, ZRX, BRD, EOS, NEO/BTC, FLIXX, HST, KNC, NCASH, WAN, LOOM, ETH, PARETO, POA, NPXS, and AION, worth a total of $2.91 million.

Portfolio snapshot.
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Catch more of stories on Instagram at @diaryofamademan. pic.twitter.com/xGsHK1RWgj

— Ian Balina (@DiaryofaMadeMan) April 12, 2018

Recent movements and the upcoming “Tax Day”, on 17 April, 2018, raised suspicions among many on Twitter. “If you look at the transaction history where his funds was (sic) hacked from, almost all his token was deposited within this week. A hodler like this man suddenly transfering to ether wallet, then being hacked? What a joke”, a user wrote on Twitter, linking to Balina’s address on Etherscan. As the U.S. tax filing deadline is tomorrow, the cryptocurrency ecosystem holds its breath to learn how the IRS will treat the unreported capital gains from digital currencies.

Wallet security remains an issue for the cryptocurrency industry to go forward. Ian Balina failed to prevent the hack and many investors around the world may not have proper systems put in place. CryptoSecure, a security solutions provider that prevents cryptocurrency hacking, has recently appointed John McAfee as a senior advisor, to help bring its platform to crypto markets. For personal use, cryptocurrency wallets have become trendy lately. Ledger Nano was the most popular 2017 holiday gift in Nevada, US.

The post Well Known ICO Investor Ian Ballina Hacked, Millions Worth of Cryptocurrency Lost appeared first on NewsBTC.

At the beginning of 2018, I wrote an article outlining a New Year’s resolution that I thought could help boost cryptocurrency adoption and awareness in 2018, as long as enough people were doing it. Last week was the thirteenth installment of my challenge. This week went well enough, if not just a bit slow.

TRY TO SPEAK TO AS MANY PEOPLE ABOUT CRYPTOCURRENCY AS YOU POSSIBLY CAN

Admittedly, I spoke with fewer people than usual this week about cryptocurrency. I didn’t have much time to see friends or interact with people online. However, I did get to have a few good conversations.

1. Saturday night, I was at my favorite dive with a friend. She works closely with underprivileged communities. She told me about a recent conference she attended where state and community leaders came together to try and foster greater connection between communities and public land. Blockchain technology, apparently, had come up. The gist of the proposal was that communities would be able to purchase microplots of public land and have those deeds placed on a blockchain. A sort of proof-of-maintenance (from what I could gather) would reward the owners of those microplots for keeping them maintained. It was incredibly interesting!
2. My sister asked me about “how that whole bitcoin thing” was going recently. Her view of it is justifiably skeptical, since when she visited me in London one of the places I showed her was the Computer Exchange near my school that had a Bitcoin ATM. I was showing her it because I needed to purchase some Bitcoin and also because I thought it might be cool to start showing more of this stuff to my family. While it may have seemed to her at the time like I was showing her some weird store in a London alley, I think she now understands it a bit better. We talked about the technology and this challenge, actually.

LEARN SOMETHING NEW ABOUT CRYPTO

I really had fun with this one this week. Learning new languages is one of my favorite things to do, and I realized just how few blockchain-related words I knew in other languages. I decided to try and expand my foreign lexicon to include some crypto-speak. I’ll share some of it here.

Spanish: Criptomondea (Cryptocurrency), Minería (Mining)

German: Kryptowährung (Cryptocurrency)

Polish: Kryptowaluta (Cryptocurrency)

BE GENEROUS – GIVE AND USE YOUR COINS

This week I didn’t have much opportunity to use my coins. However, I did send about $5 worth of Doge to Dogecoin Socks for the Homeless. This is a group I love to support, because they try to help the homeless live more comfortable lives.

Do you speak another language? What are some good cryptocurrency words or phrases in your native tongue? Tell us in the comments or on Twitter!

When we take a flight we entrust our lives to the pilot. We trust the airlines to hire a pilot with the requisite experience and conduct thorough checks on the credentials of that pilot. However, did you know that one of the main ways that aviation authorities check on pilots for the licensing purposes is a simple pilot logbook? These are manual books comprised of a paper folio, recording flight hours and other information.

This manual way of tracking entries is not only outdated in this age of technology but also does not answer the important question of how to verify the authenticity of the information written in such a paper folio. Using blockchain technology, Aeron is now providing an elegant solution where all the logbook data is kept in digital format. Not only does the immutable nature of blockchain render fraud, deception, and alterations nearly impossible, but it also makes handling and transferring data easy. This is just one facet that the Aeron project is reforming through the use of new technology and its token, Aeron (ARN).

Bringing aviation records up to date

Aeron conducted a successful token sale to crowdfund the project, which ended in October 2017. Since then, the project has successfully listed its token on cryptocurrency exchanges such as Binance, Bit-Z, Coinrail, KuCoin, TIDEX, and HitBTC. These tokens have been received enthusiastically by trading communities at the markets. However, ARN is not only a cryptocurrency or a crypto token, it is way more than that; it is the lynchpin for an entire aviation safety ecosystem. ARN tokens will play a central role in the industry as flight schools will be using ARN to book flight training, while private pilots will be able to find planes to rent and find schools. Airlines will also benefit, as they can check credentials of the pilots they are hiring. Even maintenance companies will benefit as they can order spare parts and be assured of their authenticity. With the launch of Aeron’s pilot log application on both Google and Apple, one of the major stated milestones of the project has already been achieved. This is a great step forward in promoting aviation safety with Aeron solution.

Aeron (ARN) token is taking center stage

Aeron has already facilitated the private aviation ecosystem through https://aerotrips.com. This is a one-stop solution for hiring planes, finding flight schools and organizing aviation based tours. Users of the portal will be able to use ARN to pay for booking all these facilities. An important factor in flight safety is quality of training, so with curated schools available on https://aerotrips.com the level of reliability would be high. The usability of ARN is already being showcased by the project and thus its appeal to token buyers is likely to increase with time. Talking about how the ARN tokens and https://aerotrips.com create a unified ecosystem Aeron explains in a Medium Blog, “Such a unified ecosystem simplifies interaction among all participants of the General aviation market, makes it easier to establish business links, simplifies mutual settlements, which in turn improves the availability of services and grows turnover in the industry as a whole.”

Participation in the future aviation industry

The traditional means to participate in the growth of aviation industry is purchasing airline stocks, but investors in such stocks could rarely shape the aviation industry. Aeron has opened another gateway for people to take part in the booming industry while helping enhance flight safety. Aeron (ARN) tokens are available on cryptocurrency exchanges and will not only be useful for traders but also for those who want to purchase flight experiences on private planes, tickets and flight training. The low total token supply on leading exchanges like Binance also means that trading opportunities exist for savvy market players. Aviation has now become a truly mainstream and accessible industry.

The post Aeron Brings Blockchain into Aviation appeared first on NewsBTC.

The use of Blockchain could cut our supply costs up to 20%, says vice president of Samsung SDS. #NEWS

Online platforms, Big Data, and algorithms are the three main contributors to the increasing popularity of today’s sharing economy. AirBnb, Uber, RelayRides and DogVacay are just some of the pioneers dominating the industry. While smaller companies operating in the local markets are left behind in the absence of a universal platform for all.

Disclosure: This is a Sponsored Article

The sharing economy adheres to the principle that access trumps ownership. However, there seems to be a lack of consistency, especially as far as security and transparency are concerned. To find what they’re looking for, consumers need multiple accounts on different platforms sharing different assets and services.

To solve this issue and provide access to all kinds of sharing opportunities from a single place, Blockchain-based project ShareRing enters the scene with a product that aims to become a one-stop-shop for the sharing economy.

At the core of ShareRing lies the KeazACCESS concept

The ShareRing project belongs to the makers of global leader in car sharing solutions, Keaz. With offices in Hong Kong, New Zealand, Australia, Vietnam and the US, the technology powering the new Blockchain-based sharing platform is the KeazACCESS concept. Initially released in 2015, over thousands of people now have daily access to sharing vehicle assets on a global scale, thus proving the business model is viable and working.

The cloud-based ecosystem enables communities, enterprises, and organizations to access and share different assets and mobility services from all corners of the world. Three high-growth global markets are targeted by KeazACCESS, namely Vehicle & Passenger Mobility, the IoT, and the Sharing Economy. In spite of its growth and proven concept, the future of Keaz is ShareRing.

Custom-designed ShareLedger Blockchain

At its core, ShareRing will use the custom-designed ShareLedger Blockchain to enable universal access to all assets linked to the platform’s smart system. Currently under development, its purpose will be to take advantage of one of the most recent breakthroughs in Blockchain technology – the dual coin mechanism.

The main purpose of ShareRing’s utility token, SharePay (SHRP), will be for consumers to access sharing services, whereas ShareToken (SHR) will be reserved for providers who will pay to access the ShareLedger perks, such as smart contracts and assets.

The ShareLedger wallet is yet another benefits associated with the ShareRing platform. It contains standard wallet functions like SharePay balances, view ShareTokens, facilitate transfers, and view transaction history. What sets the project apart is the seamless exchange system. Since ShareRing will use its own utility token, users will no longer have to deal with fees associated with exchange rates that are common on Lyft, AirBnB or Uber.

In terms of plans for the future, ShareRing is preparing a standalone app with geolocation integration to allow both consumers and providers to find, access and market sharing services and assets in their area. By adopting the smart contract system, ShareRing ensures transactions are trustless and all access on the platform is user-friendly, highly-secure and convenient for all parties involved.

With a hard cap estimated at $48 mln, ShareRing has issued 4 bln tokens. 50% of all funds will be distributed among the developers, providers, and team members to ensure the project’s continuity and further development. Following a first round of funding from investors and friends in March, ShareRing announced they already have $3 mln raised to help them continue the project’s development. The Pre-sale is currently live until the end of April, after  which the public token sale will begin.

The real estate industry is estimated to be worth $217 trillion, making it one of the most lucrative sectors for investment. However, in spite of the high returns, it remains closed to a wide array of audience due to the high entry fee, slow ownership transfer, and high transaction costs. It has made the real estate industry an exclusive domain for the moneyed ‘big boys’. But the normal audience who craved for a slice of the real estate pie now has a reason to smile as  Alt.Estate is here and looks forward to solving some of these problems and making it easy for you to venture and conquer the real estate pie.

What Is Alt.Estate and How Does It Work?

Alt.Estate, a financial technology company has created the protocol and a platform for real estate tokenization to push the real estate market towards true-decentralization.

Driven by the urge to democratize the real estate sector, Alt.Estate aims to become an industry standard for the tokenized real estate transactions. According to the whitepaper, Alt.Estate Protocol consists of the smart contract technology, corporate structure and legal compliance features of property tokenization. It offers all big existing players – real estate developers, brokers, marketplaces and crowdfunding platforms – a turnkey solution for property tokenization with no infrastructure costs. Alt.Estate’s team has already created 20+ smart contracts and a smart contract builder which allows to develop hundreds and thousands of them in a quick and easy manner and to ensure the legal property rights with tokens.

What Benefits Does Alt.Estate Bring to Investors?

According to the company’s website, Alt.Estate aims at making real estate more accessible to the crypto traders, crypto owners, middle class as well as crypto whales. It makes it possible to buy and sell tokenized real estate assets in a trusted, fast and smooth manner with instant transactions at low costs. With Alt.Estate, anyone can list their property or part of it on the platform and at the same time, anyone can become a buyer. Alt.Estate eliminates the boundaries, third parties, prohibitive regulations and opens the market to a wide array of audience.

Alt.Estate will lower the entry ticket size. It will be possible to buy a fraction of a property from any part of the world. It will also be possible to sell a fraction of the property without border limitations.

With Alt.Estate an investor will have a chance to diversify his investment portfolio. For instance, it will be possible to buy tokens of a Brooklyn penthouse, warehouse in Shanghai and villas in Tokyo.

Alt.Estate ICO details

Alt.Estate pre-sale ended on April 10, 2018. The public token sale will run from May 1 to May 31, 2018. Price will be 0.00001 ETH (1 ETH = 100,000 ALT). interested investors can use Ethereum or Bitcoin for payment. The minimum purchase will be 30,000 tokens.

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MasterCard files patent for private Blockchain system to store, verify and protect identity data. #NEWS