Day: April 24, 2018

Deploy and Reposition Augmented Virtual Reality Assets in Prime Global Advertising Markets.

Tired of advertising your products and services to the same old community? Why not take out a billboard advertisement in Tokyo or Dubai? The cost? — a casual $50,000 a week. What if you could pick up the same advertising space for a few tokens—ARCONA tokens, that is? Arcona is an augmented virtual reality (AVR) ecosystem selling the virtual outdoor real estate, including the most desired advertising spaces in the world. In the Digital Land, a virtual reality world layered over the real world, token holders can buy, sell, and rent digital land and advertising spaces across the globe. “We are providing a platform and user augmented reality space where anyone in the world can see the content,” explains co-founder Danill Girdea.

Many marketers are only starting to wake up to the fact that, in order to be competitive, businesses will need to present their products and services through augmented virtual reality. After years of hype and prototypes, all major content platforms are supporting or developing virtual reality infrastructure. Augmented reality provides a way for advertisers to set themselves apart in a very saturated digital advertising market with an immersive customer experience that has proven to increase customer engagement.

While advertising in an AVR world is considerably cheaper than billboard space in Tokyo, developing and maintaining an AVR presence will be a large expense for businesses. 3D designers need to be hired and compelling content to compete for consumer views have to be created. The app interface needs to be developed and suitable content hosts sourced for a virtual world. With new AVR content systems continually being introduced on new and existing content platforms, positioning virtual reality content is in itself an ongoing, time-consuming, and costly undertaking.

A Low-Cost Portal to the AVR Advertising World

Arcona’s solution is to provide anyone with Arcona tokens, a portal to the outdoor virtual advertising world. Once you’ve slipped into this Matrix-like world, you can place advertisements on major outdoor spaces for a fraction of the real-world cost, display and market products and services, and host exhibits and tours in the space. Any business can benefit from a virtual reality space, including real estate, tourism, gaming, media, advertising, education, and art. Arcona not only provides the interface to the virtual world but also takes care of all promotional activities on behalf of platform projects.

The virtual platform provides small companies an edge in the expensive global advertising market. They do not have to hire 3D artists, programmers, or computer vision specialists to visualize their products and services. Large and small advertisers alike benefit from an always-on ramp to the virtual world where Arcona works behind the scenes to ensure integration with AR content providers and tools.

Beyond creating an immersive and even fantastical world, the advertiser has unprecedented control over the advertising environment. Environments can easily be adapted to meet customer preferences, Girdea explains: “You can change your real-world surroundings on the fly. You can change the environment remotely anywhere in the world working on your PC.”

Arcona actively incentivizes developers specializing in machine vision, GIS, blockchain, C ++ and related technologies to create AVR tools on its platform. This virtual reality ecosystem is powered by the Blockchain, making it easy to protect developer copyright work through a smart contract. Arcona makes high tourist areas easily accessible to developers so they can quickly position assets in the geographies they want to be seen in the world. Moreover, the platform can automatically adjust and reposition content.

The Arcona ICO

If you are ready to launch your service to reach new markets anywhere in the digital world, you first need some Arcona tokens (ARCONA). The ICO is running from April 15 to May 15.
One Arcona token is equal to 0.025 ether (ETH) (1 USD), with a minimum investment of 0.25 ether.

While this virtual mirror of the real world introduces new business and marketing possibilities limited only by the imagination, you do not have to venture into foreign lands to expand your business market. If you want the 100k-a-week Times Square billboard space down the block from you, it may still be available in the Arcona virtual world for only a few tokens. Or buy the land on the Arcona platform and start renting out the real estate—if your goal is to become the Donald Trump of the virtual world.

The post Deploy Immersive Virtual Reality Marketing Anywhere on the Globe appeared first on NewsBTC.

Numerous versions of Bitcoin have been created throughout the years. Rather than choosing completely new names for these currencies, there are different Bitcoin-themed clones on the market. According to Weiss Cryptocurrency Ratings, all of these clones have one common aspect. They are all flawed in different ways, albeit Bitcoin itself is not perfect either.

The Bitcoin Clones Arrive on the Scene

Multiple iterations of Bitcoin exist as their own separate cryptocurrencies right now. We have Bitcoin Cash, Bitcoin Gold, Bitcoin Private, Bitcoin Diamond, and several others. While all of these coins are based on Bitcoin, they also inherit some of the native flaws found in this cryptocurrency. Bitcoin, while a first mover, struggles with upgrades, slow transactions, and rather high fees at peak times.

For all of those flaws, the original Bitcoin also offers some advantages. It has a global recognition no other cryptocurrency can offer right now. This is why so many “forks” of Bitcoin have been created in the past few months. It seems all of these projects want to ride the coattails of Bitcoin’s success in the hopes of gaining traction. Capitalizing on the popularity of an existing project is not new in the cryptocurrency world.

All of these clones share some inherent flaws according to Weiss.  While they aim to solve some of Bitcoin’s inefficiencies, claiming to be superior will not make it so automatically. Improving upon a fundamentally flawed concept is a valid model. However, these clones also seem eager to embrace the weaknesses found in Bitcoin, which makes them less efficient than they could be otherwise.

Is There a Future for the Forks?

Bitcoin Cash is an interesting exception in this list. It has a scaling solution in place and a faster transactions time. BCH also boasts lower transaction fees compared to Bitcoin. Even so, the currency still remains deflationary, which many financial experts consider to be a problem. Based on more traditional financial models, deflationary currencies usually tend to fail in the long run.

Weiss Cryptocurrency Ratings also points out some other flaws found within these Bitcoin clones. Protocol upgrades remain a bit tricky, and the fee structure still puts miners in control of the network. That in itself is still a worrisome statistic. Combining this information with how none of the Bitcoin clones comes even close to Bitcoin’s popularity and acceptance makes for a rather interesting situation.

Whether or not there is a future of the Bitcoin clones, remains a bit unclear. Bitcoin will not go away despite some of its inherent flaws. There is more to cryptocurrency than just BTC, but Weiss is convinced none of the clones offer something to really set them apart. Coins direly need adoption and solid technology. Finding those currencies to invest in can be rather challenging.

Image from Shutterstock

The post Flawed Forks: Bitcoin Clones Not Considered Worthy by Weiss appeared first on NewsBTC.

Bitcoin markets initially met some resistance when prices were looming around USD 9,000 levels. And yet, recent hours have seen prices spiking above such levels. Traders observed prices nearing USD 9,000 levels through the course of the trading session, but it was only a price spike that helped prices surpass that level.

The day’s signals

1. While prices went through a mild rise through the course of the day, Bitcoin traders struggled to reach USD 9,000 levels.
2. BTC/USD markets were met with some resistance to upward movements when nearing the USD 9,000 price point.
3. Now, a sizeable upward spike pushes prices close to USD 9,200 levels, with the market taking consideration of the newly-reached price point.

GDAX BTC/USD charts are indicative of how traders are in for today’s breakout, with the recent decisive move pushing prices close to USD 9,200. For the greater part of the day, traders would contribute quite a bit of sideways trading. Volumes were kept at normal levels without many decisive moves. It was only at times when upward swings would start facilitating it that selling pressure amped up. Now, traders are taking consideration of the newest spike that pushed prices way beyond what was conceived as resistance.

OKEX BTC/USD weekly futures are now notably more bullish than live Bitcoin markets. It’s worth looking back at how there used to be a notable divide between futures prices and live market prices over recent past trading sessions. However, Bitcoin futures traders have apparently shaken off that sentiment. BTC/USD exchanges now showcase a market sentiment ever slightly more bullish than live markets. Futures prices are sustained at levels above live prices and upward swings are mirrored with an exaggeration.

All in all, today’s trading session appears to be concluded with yet another upward spike which comes in to be the day’s decisive move. Amid the market’s current sentiment, the consideration of this upward spike is likely to be followed with support of a certain extent.  Provided that a breakout was observed in the recent hours, traders would be on the watch out for potential profit taking in the upcoming trading session.

The post Bitcoin Price Analysis, 23 April 2018: BTC/USD Breaks Above $9000 appeared first on BitcoinNews.com.

Crypto markets in the green as total market cap remains over $400 bln today. #NEWS

Bitcoin is looking bullish today, but must leap several resistance hurdles on the way to $10,000, chart analysis suggests.

A Blockchain platform allows users to pay for someone’s live stream and control their camera, giving them a “telepresence” anywhere worldwide. #SPONSORED

Bitcoin Cash has soared in value over the past few days. To some people, this appears to be a clear artificial inflation of the price. Even though it is a fork of Bitcoin, BCH seems to have found its place in the market. With Antpool now “burning” some of the profits generated by the pool, price manipulation accusations are not hard to come by.

The Bitcoin Cash Price Surge

Over the past ten days, all cryptocurrencies have soared in value. One of the biggest gainers is none other than Bitcoin Cash. To some “experts”, this is a clear manipulation effort by the BCH team and its supporters. Especially Antpool is being singled out as a BCH price manipulator due to their most recent strategy. More specifically, the mining pool is burning some of its profits to reduce the amount of new tokens brought into circulation.

Doing so is nothing illegal by any means. The mining pool is reducing their own profits and not taking money away from Bitcoin Cash miners. It is a decision that will bolster the BCH ecosystem overall, but not everyone sees it that way. Some Bitcoin supporters are convinced this is another clear attempt at “pumping” the BCH price beyond what it should be valued at.

Given the ongoing spat between Bitcoin and Bitcoin Cash supporters, this decision raises a lot of questions. After all, there is no precedent for a mining pool to take such an unusual course of action. Right now, Antpool is destroying $12 worth of Bitcoin Cash every single day. This is not the biggest amount by any standards. It will not have much of a long-term impact on the overall Bitcoin Cash price either. 

What Comes Next?

No one will deny the Bitcoin Cash price began to surge after Antpool’s tweet. The value has nearly doubled by now, which is rather impressive. At the same time, Bitcoin, Ethereum, and others have all surged in value as well. There’s no indication the burning of Antpool’s own profits has this kind of effect on the BCH price as of right now. Digital Asset Research analyst Lucas Nuzzi comments as follows:

“Now, projects like Bitcoin Cash are struggling to remain relevant, which is hard when very few users are using the network. Miners have to liquidate their holdings regularly to pay for their expenses. The move from Antpool is intended to slow down further price depreciation, by attempting to increase the perception of scarcity. Whether the move will be successful remains to be seen.”

There are some misconceptions over what this course of action means exactly. Some users are still convinced Antpool effectively reduces the Bitcoin Cash supply. That is partially true, but not in a spectacular fashion capable of pumping the BCH value to new heights. Even so, this decision has some impact on the market. An interesting PR stunt by Antpool, but nothing more than that.

Image from Shutterstock

The post Bitcoin Cash Profit Burning by Antpool Triggers Price Pump appeared first on NewsBTC.

Bitcoin, cryptocurrencies, and ICOs have become major buzzwords in news headlines, blog posts, podcasts, and reports as 2018 gets underway. However, it is surprising that nobody seems to be paying much attention to the underlying technology powering the disruptive nature of cryptocurrencies and altcoins – blockchain technology. Interestingly, the cryptocurrency industry is getting bigger despite all the criticism from Wall Street.

Apart from powering cryptocurrencies such as Bitcoin, blockchain technology has incredible potential to create an unparalleled level of trust in business interactions without the need to hire a third party. To understand how blockchain solves the trust issue in business relationships, you’ll need to understand how Blockchain works.  Blockchain technology is simply a decentralized network of computers in which data is cryptographically encrypted and stored in a block, and with each new block being nested in the previous block. This piece examines three applications of blockchain technology for engendering trust and limiting fraud in business transactions.

1.    Increased customer data protection can prevent identity theft

Identity theft is expensive, it costs both businesses and individuals – individuals can expect to lose an average of $1,343 when they fall victim and businesses lose at least $16 billion to identity fraud each year. The time wasted reconciling accounts, emotional stress, and paranoia that victims experience are also parts of the hidden costs of identity theft. Blockchain technology can bring a decisive end to identity theft by powering a personalized, biometric, cryptographically encrypted, and universal individual ID system.

To begin with, users will have more control over the kind of data they choose to share with businesses and brands because you won’t need to reveal your credit card information before you buy stuff online. Secondly, the strong security that blockchain provides will protect personal data from unauthorized access since every “log in” to the database is visible (to all nodes) and recorded. Hence, any attempt to compromise data will be identified from the inception and it would be easier to take proactive and preventative actions instead of reactive and correctional actions.

2.    More efficient supply chain systems

The global economy has become incredibly connected and interdependent such that it is practically hard to guess correctly where the bacon on your table originated from. In addition, there’s a massive value chain along the supply routes acting as the custodian of trade at the intersection of mining, agriculture, manufacturing, transporting, advertisement, and banking among others. The problem however is that the incredible length of the supply and value chains makes it practically impossible to vet and verify quality controls between the raw materials and the finished product.

When you buy steak in a restaurant, you have to rely on the word of the chef that you are eating grass-fed beef – the restaurant also relies on the words of the supplier – and the supplier relies on the word of the farm. With blockchain technology, it will be easier to verify claims along the supply chain because the proof is encoded in the blockchain. Hence, buyers won’t have to be worried about fraudulent or misleading advertisement because you can verify claims before buying.

3.    Smart contracts can retire the escrow system

Escrow services have grown to become an important part of business transactions. People use escrow services in the underwriting process of buying a home, in international business transactions, and escrows have become a major driver of the gig economy.

The problem with escrow services however is that you’ll unwittingly tie down huge sum of cash while waiting for the counterparty to fulfill their end of the agreement. You’ll also have to pay the escrow company a fee for their service. In addition, you run the risk (albeit small) that the escrow company might be compromised, go out of business, or tricked into releasing funds to the wrong person.

With blockchain technology, people can create simple contracts on the “if this, then that” premise to ensure seamless transactions between counterparties that require a third party for trust. Hence, there’ll be a lower cost of doing business because you don’t have to pay an escrow company. Secondly, businesses can confidently place money in crypto wallets without worrying that the escrow company will disappear overnight.

The post Why Is Nobody Paying Attention to Blockchain’s Potential Ability to End Fraud? appeared first on NewsBTC.

A senator from the state of Califonia is working to push through legislation that would allow blockchain technology to be utilized in formal documentation, specifically corporations’ articles of incorporation.

Bob Hertzberg, the Democratic representative for the San Fernando Valley, presented the bill dubbed ‘SB 838’ to the Senate Banking and Financial Institutions Committee at the end of the last week.

The legislation is designed to provide cryptography-fueled security into the issuance and transfer of corporate share certificates, that would be stored on, or by means of, the blockchain. The bill would also extend to “the names of all of the corporation’s stockholders of record, the address and number of shares registered in the name of each of those stockholders”.

Senator Hertzberg spoke out in a press release, describing the bill as the first step needed to achieve widespread adoption of the decentralized technology across California.

“The world around us is changing, and government must adapt to these rapidly evolving times. California needs to continue our legacy of taking on new and developing technologies, especially ones like blockchain, which is being embraced worldwide and presents a strong level of security that is resistant to hacking,” Senator Hertzberg stated in the press release.

Not only did Senator Hertzberg introduce the bill, but he has taken it upon himself to educate his peers in Congress about the benefits of the public ledger system. As he noted, 11 of Forbes’ Fintech 50 for 2018 rely on blockchain or somehow utilize cryptocurrencies.

He discussed with his colleagues the versatile nature of blockchain technology, acknowledging that there are far more uses beyond Bitcoin, and suggesting it could be in the process of voting.

UCLA and Berkely have both recently developed blockchain labs to promote blockchain innovations, as Senator Hertzberg pointed out.

Several Western states have already adopted, or are looking into, blockchain technology; Arizona recently passed positive blockchain legislation that validates data stored and shared among corporations on the blockchain. Colorado and Wyoming have also both pursued blockchain bills.

Senator Hertzberg’s SB 838 will be presented to the Senate Judiciary Committee in May.

The post California Legislators Take First Step to Welcoming Blockchain appeared first on BitcoinNews.com.

Bitcoin Press Release: FoxBTC have announced a hard fork to be launched and performed by tech company Z-Magnetars on April 30th 2018

April 15, 2018, London,United Kingdom – After some popular hard forks of the bitcoin blockchain in 2017 such as Bitcoin Cash and Bitcoin Gold, a new fork is on the horizon and an exciting one at that. The FOXBTC hard fork, performed by tech company Z-Magnetars will happen on April 30th at block height 520419.

Why are Forks Important?

The decentralization of bitcoin enables anyone to change its protocol and technical specifics such as mechanism, block size, block interval, mining incentives etc. 2017 was the year of the first major bitcoin forks with two coins really standing out – Bitcoin Cash and Bitcoin Gold.

Bitcoin Cash aimed at improving scalability of bitcoin by increase block size to 8MB. While it’s arrival on the scene was received with lots of skepticism, it’s price peaked at $3900 with a market cap of $65 billion. Its biggest disadvantage however was mining centralization as a few larger pools were dominating it.

Bitcoin Gold was the other major fork in 2017 which occurred in October at block height 491407. The currency aimed at restoring decentralization of miners by enabling GPU mining. Bitcoin Gold in addition implemented a new Proof of Work mechanism and an Equihash function. The price peaked at about $490 with an all-time high market cap of $5.9 billion. With a number of other forks which occurred in 2017 and more so coming up this year, having access to every airdrop would enable users to reap the full value of bitcoin and its decentralized character. And the next fork, enables users to do just that.

What’s FOX BTC?

FOXBTC aims to empower company-based forking in the crypto markets by enabling users to store and exchange any airdrop. Users will be rewarded on a 3,6 and 12 month basis through the FOX airdrop program.

Based on a hybrid Proof of Stake and Proof of Work mechanism which provides a 6% annual incentive for staking, the FOX BTC implements a standard GPU power mining with an incentive of 50 coins per block.

The Supply

Similarly to Bitcoin, FOX BTC will have a limited supply, with around 16.5M coins in circulation, 5.5M coins in the hybrid Proof of Stake + Proof of Work mechanism and 5M coins allocated for the airdrop, 1M of which will be held by the team of Z-Magnetars.

Value Proposition

With 9 Bitcoin forks already executed in 2018 and at least 25 more coming up this year, FOX BTCenables crypto users to have full access and control and airdrops. Users will be able to enjoy the true benefits of decentralization, bringing us one step closer to mass adoption of cryptocurrencies.

To learn more visit the Website : www.foxbtc.io
Chat with the team on Telegram: https://t.me/foxbtc

Media Contact
Contact Name: Satheesh
Contact Email: Email here

FOXBTC is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose.This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

About Bitcoin PR Buzz

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and blockchain tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR.

The post PR: FoxBTC Announce Hard fork to Commence April 30th 2018 appeared first on BitcoinNews.com.