Day: August 30, 2018

Decentralized cryptocurrency Skycoin is setting its sights on the emerging market in South Korea for an expansion of influence for its next-generation blockchain project.

Disclosure: This is a Sponsored Article

Having developed Skycoin as a high-performing blockchain-based ecosystem, the team’s ultimate goal is to replace the current slew of blockchains and their inefficiencies with a new networking protocol that is highly decentralized, leading to a new era of faster and more secure internet that is as decentralized as it was first imagined.

Skycoin gives a due nod to the role of Bitcoin in establishing decentralized economy and introducing a global financial system controlled by users over a global network. It also acknowledges Ethereum as the proponent of Blockchain 2.0 after birthing a smart contract platform hosting thousands of decentralized applications.

However, Skycoin presents itself as Blockchain 3.0, constructed from the ground up to create an limitlessly scalable, incentivized ecosystem to foster privacy and decentralization. Keeping the best aspects of Bitcoin and Ethereum, Skycoin addresses centralization, scaling and speed through a combination of new technologies:

– A native token Skycoin that produces Coin Hours to generate network bandwidth.

– A wireless and decentralized mesh network called Skywire to create a fast and secure Web 3.0.

– A new consensus algorithm to secure the network via a web of trust called Obelisk.

– A parallel blockchain network able to scale without limits called Fiber.

A new dawn for blockchain

The industry has seen the crippling effect of housing multiple blockchain implementations on one network. Fiber does away with this, allowing for 100% customized implementations of Dapps on parallel blockchains, scaling as the need arises. Furter, the network grows stronger with more projects hosted on Fiber.

Skycoin’s CX programming language allows for users to code contractual agreements on the blockchains, giving easy access to change contracts and fix bugs, solving the security issues often encountered on Ethereum. CX is a general purpose programming language based on the general programmer’s premise for security.

Skycoin is built for the real world, taking actual concerns head on and incentivizing Skywire users for their bandwidth to help create a faster, more open, more secure Internet for all.

A new home in South Korea

South Korea’s incessant thirst for technological advancement sees it consistently take top spot in the Bloomberg innovation index, and a leader in technical density.

Blockchain is embraced by a government working hard to implement classification standards and regulatory frameworks, and adopted by major conglomerates backing world-class crypto exchanges.

Skycoin believes this to be a conducive environment that will hasted adoption of decentralized technology. The strong desire of South Koreans to create fun and simple-to-use products is an added advantage, demonstrated by how quickly they moved from paid texting, to free texting, to today’s popular apps like Kakao Talk – all leading to rich user experiences that have allowed them to displace early movers as the nation’s most preferred platform. South Korea’s focus on tech for customer experience is what Skycoin believes will make blockchain adoption successful there.

Building upon the foundations of decentralized tech created by Ethereum, Skycoin continues to perfect ideas and implementation, coming up with an incentivized platform easily used today. This unique, practical, yet groundbreaking innovation is what Skycoin seeks recognition for to propel blockchain adoption in the region.

To learn more about the next generation blockchain, visit the Skycoin website and see details in the whitepaper. To keep up with the latest, enter the discussions with the Skycoin community on Telegram and on Twitter.

A decade ago, blockchain technology was only spoken of in nerd circles and online tech forums. Ten years later, the industry has grown by leaps and bounds, and educational institutions are making earnest efforts to keep up. According to a recent study by Coinbase, 42 percent of the top 5 universities globally offer at least one course on blockchain technology, with half of them offering more than one. At some of the universities, what started out as a mere experiment became so popular that more than 200 students had to be turned away, with other institutions having to move their blockchain classes to larger auditoriums to accommodate the high numbers of interested students.

Meeting the Rising Demand

The top universities are engaged in a race to churn out the leaders of this emerging technology, with Stanford and Cornell Universities leading the pack. Stanford has 10 cryptocurrency and blockchain courses, with Cornell following closely at 9. The other universities leading in crypto courses include the University of Pennsylvania; the University of California, Berkeley; and the National University of Singapore. UCLA, New York University, Princeton, Harvard, and the University of Texas at Austin have also made efforts to accommodate crypto courses into their curriculums.

The survey was conducted by Coinbase and Qriously, a London-based research company, and reviewed data from the top 50 universities. Contrary to expectations, crypto courses are not just in computer science and mathematics departments. While these departments hold the lead, other disciplines including social sciences and finance have registered a rise in crypto-related courses. This has occurred mainly due to increased interest in crypto among students, with the study revealing that half of all social science majors are interested in taking a crypto class.

21 of the top 50 universities offer blockchain and crypto courses, with 11 offering more than one. When traditional cryptography classes were included, 35 universities were found to offer at least one crypto-related class. US universities lead in crypto interest, with only 5 of the 18 universities surveyed outside the US offering crypto courses. Out of these, only the National University of Singapore and the Swiss Federal Institute of Technology Zurich offer more than one course on the subject.

The contents and depth of courses differ among these universities, with some offering only introductory classes and others delving deeper into the technology. Cornell offers 28 courses related to blockchain technology, cryptography or cryptocurrencies including “Introduction to Blockchains, Cryptocurrencies, and Smart Contracts” and “Anthropology of Money.” Others like Princeton and Johns Hopkins University offer introductory courses which look at the benefits, challenges and applications of blockchain technology.

At UC Berkeley, what began as a mere experiment has turned into a major success, with students showing great enthusiasm for the university’s blockchain courses. According to one of the lecturers who was quoted by the survey, the instructors turned away over 200 students as the assigned lecture halls could only accommodate 70 students. The narrative is similar at the New York University Stern School of Business, an institution which commenced blockchain courses in 2014. Back then, only a handful of students showed any interest, but this has greatly changed since then. This spring, the school was forced to move its crypto class to the largest auditorium on campus, with the number of students enrolled rising to 230.

The survey also revealed interest across a diverse range of students, with computer science students being the most interested at 24 percent. Students taking business, humanities and medicine courses follow suit at 14, 11 and 10 percent respectively. The proportion of students who have owned cryptos stood at 18 percent, with 17 percent claiming to have very good knowledge of cryptos.

Revealed exclusively to CoinDesk, Enigma’s “secret contracts” privacy protocol has eight partners gearing up for its launch later this year.

Australia is fast establishing itself one of the global leaders of blockchain innovation. With a new blockchain initiative, Australian businesses will be able to leverage blockchain-powered legal smart contracts in various business processes for enhanced efficiency and transparency.

Australian National Blockchain Platform to be Launched

The initiative, labelled Australian National Blockchain (ANB), is being developed with the collaborative efforts of CSIRO’s Data61, law firm Herbert Smith Freehill, and IBM. The large-scale cross-industry blockchain will help local companies to utilise blockchain for various steps in the lifecycle of a contract – from negotiation to signing to continuing the term of an agreement. The use of blockchain-based smart contracts will also enable organisations to automatically activate processes and events.

ANB’s Smart Legal Contracts (SLC) will also come equipped with smart clauses which can record data from external sources such Internet of Things (IoT) device data, thus allowing these clauses to self-execute in case the conditions stipulated in the contract are fulfilled.

“Data61’s independence and world-leading expertise will help to catalyse the creation of digital infrastructure for Australian businesses to transition to a digitally-enabled future. For complex enterprise contracts, there are huge opportunities to benefit from our research into blockchain architecture and into computational law. Smart contracts have many applications, and as the ANB progresses we look forward to exploring other business use cases to roll out,”

said Dr Mark Staples, senior research scientist at CSIRO’s Data61.

This new piece of infrastructure is poised to transform the legal industry and the overall business landscape by promoting paper-free, automated businesses processes and simplifying supply chains. Blockchain-powered permissioned networks will allow parties to share information with relevant stakeholders such as customers and regulators quickly and securely.

Blockchain innovation in Australia at full throttle

According to a recent survey by PwC, Australia is among the blockchain leaders of the world along with USA and China. Recently, the Australia’s Commonwealth Bank, along with the World Bank, created and managed the world’s first blockchain-based bond. The bond, called Bond-i, has raised $110 million from investors such as Commonwealth Bank of Australia, NSW Treasury Corporation, Northern Trust, Treasury Corporation of Victoria, local pension fund First State Super, QBE, and SAFA.  The blockchain-based bond is the first step towards removing all manual processes in bond issuance and making the process fully automated.

The country also has several other blockchain and crypto initiatives underway. Australia’s Digital Transformation Agency (DTA) is exploring blockchain for developing for welfare payment distribution, and the prototype is expected be ready by mid-2019. The government also granted a $1.7 million grant to the Sustainable Sugar Project, will use blockchain technology for tracking the provenance of sugar supplies to Australia.

In another initiative which aims to promote crypto adoption, cryptocurrency exchange Cointree and billing platform Gobbill have partnered to enable holders of cryptocurrencies to pay their household bills for utilities and services in crypto.

Image from Shutterstock

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Since the initial token sale for TriForce Tokens, the project has been developing their MVP’s (minimum viable products) to create lasting demand and value for the FORCE tokens. The company is proud to announce their latest MVP, a dynamic advertising platform.

Disclosure: This is a Sponsored Article

Final Token Offerings Within Next Couple Months

The final public token offering is scheduled for October 8th, so this is users last chance to get in early before TriForce tokens are expected to rapidly increase in value due to the various MVP’s working for the ecosystem.

A final private token offering is also scheduled on September 3rd, but with a cap equivalent to the initial soft cap of $3 million. Nearly $500,000 has already been secured towards that goal. This will be the last chance for accredited investors, institutions, and other individuals looking to acquire massive amounts of tokens at a low rate.

An Advertising Platform Like Never Before

This MVP is the newest in the offerings that TriForce has in their arsenal and will allow for “non-intrusive in-game advertisement placement” that is 100% automatic and without much human intervention.

The platform will allow companies to literally brand any object, texture, media, within a game in seconds. Immutable data and live tracking are also provided to track metrics

The platform is fully operational, and CEO Pete Mardell has provided video demos showcasing the advertising at work. Dominoes, as well as AXN in Spain, has already conducted live campaigns using this revolutionary advertising technology.

Interested advertisers should sign up on RaidParty, while game studios can propose their games over at their studio site.

Currently, this platform is integrated on the blockchain, but advantages to doing so are apparent and the transition will occur in due time.

One is that companies will truly have to verify their placement, which also ensures that targeted demographics are hit. Decentralization increases security for all parties involved, as well as ensures that the network stays online for longer, which allows advertising to reach users in all time zones.

Furthermore, advertisers do not need to use third parties to validate their advertising spend, since everything is trustless.

Other MVPs in the work include a games marketplace, allowing users to sell and purchase videos from each other. Another one is a player reward platform, incentivizing players when they do certain actions within games or on the Triforce ecosystem as a whole.

The two platforms will combine to create the foundation necessary for a technology-enhanced games publishing framework, TriForce’s ultimate end goal.

To learn more about the project, check out their website here. For a chance to win free tokens, check out RaidParty. For the RaidParty teaser video, check out the YouTube video here. For social media updates, make sure to check out Triforce’s Twitter, Facebook, as well as RaidParty’s Twitter. For discussions, make sure to hop into TriForce’s Telegram group as well as their Discord channel. Lastly, for more information about TheGameWall Studios, check out their website here.

August 24th 2018, Milton Keynes, UK – Since the last token offering conducted by Blockchain gaming platform TriForce Tokens, the team has been extremely busy working its MVPs (Minimal Viable Products) in order to create utilization of its FORCE cryptocurrency.

Due to the forever evolving, and arguably unforgiving crypto space, TriForce Tokens has evolved itself into a games publishing framework. These changes have allowed the company to stay ahead of its competition and ensure that it provides real-world use cases for blockchain technology.

With the upcoming final public token offering scheduled for 8th October, TriForce Tokens is positioning itself to become a games publishing framework, amongst its other MVPs which are designed to complement one another. In order to deliver on this vision, the team has made the decision to start work on their own blockchain. Through developing their own blockchain, TriForce Tokens will remove transaction fees and create a blockchain that serves the games industry. More on this will be announced in their latest documents which will be released on 31st August.

The company is also announcing a final private token offering on 3rd September which will be restricted to raising the initial $3m soft cap, with $460,000 already secured toward the goal. Accredited private investors are encouraged to contact the team directly should they have an interest in joining.

Dynamic Advertisement On The Blockchain

The Dynamic Advertising Platform is the newest MVP in the ‘TriForce Tokens’ arsenal. The platform allows for non-intrusive in-game advertisement placement in a fully automated, almost autonomous way. The platform allows brands to quite literally brand any object, texture, image or video within any game in seconds. It provides immutable and live data tracking to ensure advertisers can really understand how their ads are performing along with the ability to turn on or off ads almost instantly.

The company CEO, Pete Mardell recently completed a video demo showcasing the technology fully operational, which has already been used on live campaigns for Dominoes and AXN in Spain. Advertisers are encouraged to sign up to this initial platform at Raidparty.io, while game studios can list their games at the company’s studio site.

Although not currently deployed onto a blockchain, the advantages to doing so are clear; Provenance allows advertisers to verify their placement genuinely reached their intended target. Decentralisation provides a higher level of security and ensures the network remains running 24/7. Additionally, the trustless nature of blockchain means advertisers do not need to depend on any third parties for the validity of their advertising spend. Finally, the digital currency can be used to transfer value to the relevant parties that are contractually approved to receive revenue from the game.

Other mentionable MVPs that the team has been working on include a games marketplace and aplayer reward platform that combine to create the foundation of a technology-enhanced games publishing framework.

Partnerships

Since the launch of TriForce Tokens, it has been one of the company’s objectives and focuses to secure strong partnerships with organizations within the gaming and technology space. TriForce Tokens uses these partnerships to strengthen its position within the market by utilizing their partnerships resources and community reach.

TriForce Tokens also recently acquired part of TheGameWall Studios, a game publishing studio based in Cambridge UK, which has now become TriForce Tokens games publishing arm. This partial acquisition has allowed TriForce Tokens to massively increase its network influence and acquire game publishing agreements with new game releases.

Assets

Since the launch of RaidParty, TriForce Tokens’ player rewards platform, TriForce Tokens has required some amazing assets in terms of games. With an original focus on mobile games, TriForce Tokens is now collaborating with new PC releases in order to broaden its assets, with the most recent being Eximius: Eximius: Seize The Frontline. A first-person/real time strategy hybrid game that has specifically been built for the e-sports scene, which will be launched September 2018. If you want to get involved in this project and watch it’s growth follow the team on their discord channel, Twitter, and Facebook.

Eximus: Seize the Frontline Trailer and gameplay: https://www.youtube.com/watch?v=oz22f0lcw7A&feature=youtu.be

About TriForce Tokens
TriForce Tokens aims to become the industry standard on multiple gaming platforms offering player-to-player trading, anti-piracy and a unique first to a market honorary system that rewards collaborative gameplay. Carefully implemented blockchain technology will allow the developers entirely new revenue models, lower player attrition rate, player behavioral analysis and will create a new gaming experience for players where they can build a digital asset empire.

                                                                                     Join us on Discord!

Sign up to win free FORCE Tokens on the RaidParty website – https://raidparty.io/

Visit the Official TriForce Tokens Website – https://triforcetokens.io/
Visit TheGameWall Studios Website – https://www.thegamewallstudios.com
RaidParty Teaser Video – https://www.youtube.com/watch?v=RPNKKHPnErg
RaidParty Twitter – https://twitter.com/RaidPartyEU
TriForce Tokens Discord: https://discord.gg/K6e6Mhy
Find TriForce Tokens on Facebook – https://www.facebook.com/triforcetokens/
TriForce Tokens on Twitter – https://twitter.com/triforcetokens
TriForce Tokens Telegram Group – https://t.me/TriForceTokens

Media Contact

Contact Name: Jake Ashby
Email: [email protected]
Phone: +44 (0) 747 332 8053
Location: Milton Keynes, UK
Company: TriForce Tokens LTD

TriForce Tokens 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. The TriForce Tokens token sale is closed to US participants and participants of all countries in which ICO’s are not permitted.

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BTC.com will now offer ethereum and ethereum classic mining pools, as well as a block explorer, the company announced Thursday.

The Reserve Bank of India’s study to look at the feasibility of introducing a rupee-backed central bank digital currency was driven by the burden of current rising costs in printing paper fiat money.

The RBI suggests that there may be pressure put on other banks globally, particularly with the rise in interest in digital currencies for banking purposes. However, electronic fraud remains a concern, according to Financial Services company EY India. Company representative Manesh Makhia suggested, “The idea of a central bank-issued digital currency is very promising though issues around digital counterfeiting will need to be addressed.”

The Reserve Bank of India’s inter-departmental group, the first of its kind to look at digital currency in terms of banking, is all the more relevant given the recent RBI annual report findings released this week. It showed that 99.3% of the total demonetized money had been returned to the bank, leaving just over INR 100 billion (USD 141 million) in the market. The report noted:

“(Globally) the rising costs of managing fiat paper/metallic money, have led central banks around the world to explore the option of introducing fiat digital currencies.”

There are speculations that RBI may be considering a rupee-backed currency to overcome the exorbitant costs of printing paper money, although the bank’s interdepartmental group will also be looking at both blockchain and artificial intelligence and how these can be integrated into the banking system. A source suggested:

“As a regulator, the RBI also has to explore new emerging areas to check what can be adopted and what cannot. A central bank has to be on top to create regulations. This new unit is on an experimental basis and will evolve as time passes.”

It hasn’t been a happy few months in India for crypto traders though, who have been hit hard by RBI’s instructions earlier this year prohibiting financial institutions in India from providing cryptocurrency services, a ban which is currently being challenged in the country’s highest court.

Late last year, RBI announced it was looking into the possibility of a fiat cryptocurrency; the “Lakshmi coin”, named after the Hindu goddess of wealth and prosperity.

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The usual suspects seem to be back at the Bitcoin game once again, with CNBC Fast Money hosting yet another guest to speculate on the future price action of the ever so volatile crypto market.

“We Are More Likely To See 10k, Than 5k”

On Wednesday, CNBC Fast Money, which covers the crypto industry on a near-daily basis, took on Michael Moro, CEO of Genesis Trading and Genesis Capital, as the guest industry insider.

.@michaelmoro of @GenesisTrading says #bitcoin $10k is coming soon. Here's why. pic.twitter.com/fdn79pwQ5K

— CNBC's Fast Money (@CNBCFastMoney) August 29, 2018

Over the past few days, Bitcoin surpassed the $7,000 price level for the first time in three weeks, with no clear catalyst to the surprise of many. Leading some, including CNBC host Mellisa Lee, to ask why has the crypto market seen a recovery. Responding to the query, Moro first drew attention to the SEC’s most recent crypto-backed ETF decision and the correlated increase in open Bitcoin short positions prior to the verdict. He elaborated, explaining:

“Once the news broke about the SEC rejection and the price actually held, we didn’t see the 5, 10, 15 percent sell-off that you’ve seen in previous (ETF) rejections and that the technicals right around the $5,800 to $5,900 level helped. So I think the bears have realized they’ve run out of steam.”

The Genesis Capital CEO brings up an interesting point about how the market did not react as many expected, leading a multitude of short sellers to cover their positions as Bitcoin found strength instead of falling through $6,000 and below. And the fact that Bitcoin has not only held $6,000 but seen a substantial recovery since the SEC’s denial of the ETFs clearly indicates that the bears are running out of crypto to sell.

Moro then went on to highlight his $10,000 prediction, doing his best to lay out his reasoning behind this bullish forecast, stating:

“I think that the number one that is going to have to happen is slow and steady growth. And as Bob Pisani mentioned before, volume. What you need to see is the less violent moves of 5 percent up or 10 percent up, and a slow and steady growth across the exchanges. What I also think is important is that I believe that the market now understands that the SEC’s ETF approval isn’t going to happen anytime soon. The market’s sentiment regarding the approval process is far more muted, which I think is a healthier outlook over the next 12 months.”

But it doesn’t seem to be all sunshine and rainbows, with Moro noting that the buy-side volume has not been seen as of yet, which indicates that bulls might not be ready to push this asset upwards.

Nonetheless, Genesis Capital executive revealed that $7,000, or $7,150 to be exact, will be the price to watch over the next week, as if Bitcoin holds above this level, $10,000 could be this asset’s next stop on the gravy train upwards. If the price of BTC somehow manages to break under $7,000, however, he added that the aforementioned $5,800-$6,000 line of support will continue to be a level of interest.

Featured Image from Shutterstock

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Bitcoin Press Release: OneHash, the fastest-growing mutual bitcoin betting platform announces strong investments in e-sports segment. Company released new features dedicated for e-gamers as well as the big promotion called “Become OneHash e-sports MVP” with up to 0.5 BTC to win!

24th August, 2018. Willemstad, Curacao. New features strengthen the OneHash position as a leader in the e-sports segment. They are designed and developed specially with MOBA (Multiplayer Online Battle Arena) and CS:GO bettors in mind. New functions give the users more options to bet on their favourite teams and games with cryptocurrencies.

Users have the option to bet not only for the final score of their favourite Dota 2, League of Legends and CS:GO games, as in the most betting platforms, but also for a number of additional play-by-play option, such as first blood, race to kills, number of won maps and many more. Additional betting options have bigger multipliers, which means that bettors can win more bitcoins!

New features were carefully selected with cooperation with most active e-sports users, which in connection with the world-class user experience provides the most compelling betting options in the market.

OneHash team is also developing the dedicated affiliate program for e-sports players, which is expected to be released in the upcoming days. Players will be able to earn bitcoins by promoting OneHash during their Dota 2 and CS:GO gameplay. With this move OneHash aims to create the unbeatable offer in e-sports segment.

Eric Baker, the Brand Manager at OneHash, said:

“We truly believe that e-sport is the next big thing for betting. This is why we expand our offer in this area. We want it to be the best and the most competitive option for bettors on the market. The initial feedback from the users is astonishing – people who betted for big games during the International really enjoyed the new options. With the release of the new affiliate program dedicated to e-gamers, we think we’ll have the most complete offer out there.“

Bet on e-sports and win 0.5 BTC!

Growing as a leader in the online entertainment area, OneHash also prepared the huge promotion for the biggest DOTA2 and CS:GO tournaments that take place during August and September.

Become OneHash e-sports MVP is the competition for all people who love betting, winning and e-sports with the main prize of 0.5 BTC! Between 20.08 and 23.09 for every 0.001BTC wagered on e-sport events, user gets a point. The player with the most points at the end of the promotion wins. Apart from the main prizes, OneHash will randomly choose 5 players to give away CS:GO skins.

The move underlines OneHash’s commitment to delivering entertaining, innovative and fair gaming to all, with customers having possibility to win very attractive prizes.

Eric said some words about the tournament:

“August and September is the very important time for e-sports players. There are 6 major events, including The International, ZOTAC and FACEIT. We wanted to celebrate this time with our users by creating the promotion that will help them use their competitiveness in a useful manner. Our team carefully crafted the rules and chose the prizes that are as attractive for e-sports players as possible. ”

Recently, company also announced the release of new competitive games – Moon and Goals, which complement and enhance the current OneHash gaming offer, consisted of classic gambling games –Dice and Slots.

About OneHash

Founded in 2014, OneHash is a leading and fastest-growing bitcoin mutual betting sportsbook and casino platform.

OneHash provides the secure & trustworthy betting service that allows to bet on all the biggest sports and eSports events, as well as the curated special events from the cultural and political areas such as Oscars, Grammys, all the major elections and many more.

OneHash it’s the only sportsbook that offers its users mutual betting service – a system in which all bets are placed together in a pool and payoff odds are calculated by sharing the pool among all winning bets.

Visit the Website: https://onehash.com
Follow on Facebook: https://www.facebook.com/onehashcom/
Follow on Twitter: @OneHash_com
Medium: https://blog.onehash.com/

Media Contact
Name: Eric Baker
Email: [email protected]

OneHash 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.

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$105 million in funding from Andreessen Horowitz and others heads to blockchain startup DFINITY