Category Archives: Crypto Uses (Crypto Applications)
23rd November, 2017, Gibraltar – Globitex, the new bitcoin exchange co-founded by early bitcoin adopter and former Executive Director and a Founding Board Member of the Bitcoin Foundation Jon Matonis, marks a significant milestone in its journey to make bitcoin a truly global currency of settlement. Globitex Holding (Latvia) group company NexPay UAB has been granted an e-money license (EMI) by the Bank of Lithuania to carry out payment services and e-money issuance in the EU. This opens a series of doors for Globitex exchange, enabling it to take an important step closer to its goal of dramatically increasing bitcoin trading volumes in order to facilitate its use right across the spectrum of commodity and money markets. Current operating entity of the Globitex bitcoin exchange is a UK-based Globitex group company.
Bitcoin: currency of global settlement
Whilst bitcoin is currently making new highs, there is still the fundamental economic issue that order-book depth and liquidity cannot support very large trades. Although bitcoin offers enormous advantages for international settlement due to its speed and low cost compared to legacy money transfer services, it cannot yet serve as a currency of international trade settlement across the world’s financial markets.
Globitex Chairman and Founding Director of Bitcoin Foundation, Jon Matonis, stated:
‘I look forward to this evolution of digital currency trading platforms that ensure futures contracts with a physical delivery component. Strong connection to the spot markets, including contract limits and physical delivery that is linked to provisioned commodities, will serve as the market standard for price integrity.’
The aim of Globitex is to facilitate entry into the bitcoin market for a new generation of customers, both retail and institutional-level traders, enabling the increase in value and stability that will allow commodities like crude oil, gold, coffee and other financial instruments to be priced directly in bitcoin.
Acquisition of the EMI licence brings with it the possibility of integrating with the SEPA euro payments system directly through the Central Bank of Lithuania. This will enable NexPay to clear euro payments directly, without the involvement of commercial banks, and to issue IBAN accounts to Globitex clients just like banks issue accounts to clients. This is a huge step forward in terms of accessibility.
The regulatory green light for the EMI licence is a leap forward in the development of the bitcoin and broader cryptocurrency industry. This sets a new level of legitimacy for cryptocurrency overall, moving towards widespread adoption.
Crucially, the newly-issued EMI licence is fully ‘passportable’ to all other EU member states, allowing NexPay to provide clients with payment services and e-money issuance across all 28 countries.
Liza Aizupiete, Managing Director of Globitex, reflects:
‘Globitex is looking to set new cryptocurrency trading standards not only technologically, or by commodities-linked product offering, but especially in Globitex’s legal setup, ensuring safe passage to the digital age.’
GBX token sale
Globitex group is holding a token sale to fund the scaling of its existing exchange infrastructure into a commodities spot and derivatives exchange for bitcoin. The GBX utility token will be issued on the Ethereum blockchain. GBX will be used to pay trading fees and reward exchange users and liquidity providers.
The GBX token will be sold for the equivalent of EUR 0.10 in Bitcoin (XBT), Ether (ETH) and Bitcoin Cash (BCH), with significant discounts for early participants.
Hyundai “goes crypto”: President Dae-Sun Chung announces plans for the company’s first token generation event
Zug, Switzerland, November, 2017— HyundaiPay in cooperation with Hdac Technology AG, the multinational corporation based in Switzerland, announces today its plans to hold a TGE (Token Generation Event), aiming to bring blockchain technology to IoT payment platforms and secure transactions amongst connected devices. Hdac Technology and Hyundai, specifically HyundaiPay are always looking for new and innovative technology to incorporate into their products, and the joint TGE will protect IoT devices and their users from hacks, privacy invasion, and external threats, especially for payments and transactions. Hdac technology and Hyundai Pay will hold a TGE for the HDAC token on November 27th. The TGE will run on the Hdac blockchain, a separate entity apart from Bitcoin and Ethereum, which is maintained by the Hdac Technology group.
The Internet-of-Things (IoT) is making a visible and immediate impact on the tech industry these days, and will be worth $270 billion by 2020. Connected devices, homes, and vehicles can already be found in advanced countries, and as anyone with experience in the industry knows, the complexity of ensuring safe financial transactions, is close to impossible. Consider the security challenges involved in safely making an online payment on your phone in a public place. The vulnerability of security breaches is very high between connected devices. There is high-security risk for office buildings, large convention centers, or even a connection home that is transferring data constantly throughout the day.
A network of economies and payment platforms in the IoT have to integrate blockchain into their system in order to offer integrity and confidentially to their users, and to revoke the mystery behind this futuristic solution for security failures. Integration of blockchain technology will solve various issues in terms of security in IoT:
Interconnected security risks: IoT devices are all connected, if one node on this network becomes compromised, this puts the whole fabric at risk.
Different security protocols and requirements of each device: These differences make integration slow and difficult at times.
Many points of failure exist, which makes monitoring a wide network of IoT devices at best difficult, at worst impossible.
Developments in blockchain technology enable greater transparency and trust, especially regarding payments, and can help secure all those self-driving cars, smart home devices, and even your FitBit that have flooded the industry in recent years.
The goal of Hyundai BS&C and Hdac Technology’s TGE is to support the continuing development of the Hdac blockchain, as blockchain technology has the ability to greatly enhance the security of the IoT. Hdac, which runs separately from the Ethereum and Bitcoin protocols, is based on hybrid blockchain technology, which offers a wider range of capabilities to ensure reliable connection and secured processing between devices. Hyundai will work to apply this pioneering platform to hardware payments applications and to enhance both their security and reliability.
Blockchain technology is the only way to achieve the level of security that Hdac technology and HyundaiPay aim to achieve. The Hdac blockchain addresses security issues by providing immutable information on top of smart contracts. It makes the automated security and transparency principles application over the platform, in a possible way that was previously impossible to guarantee.
“We are thrilled to hold a TGE in order to bring security and transparency to IoT devices,” said Dae-Sun Chung, Founder of Hdac Technology AG, “With more IoT devices hitting the market daily, our lives become more connected. Although there are many benefits to this, we open ourselves to great security risks. Blockchain technology, and special the Hdac blockchain, is the best way to leverage trust, transparency, and security on IoT.”
New York, October xx, 2017 — Vanywhere announces the upcoming launch of its skill-sharing platform, that enables anyone with a marketable skill to capitalize on their knowledge and talent, by sharing their expertise with those who need them. Users on Vanywhere can experience live personalized advice for a variety of topics ranging from live fashion styling tips, to understanding cryptocurrencies, or even receiving suggestions for the best restaurants in a city that you might be visiting. All interactions happen through live, 1-on-1 video, voice or chat.
The holidays are coming up, which means family dinners, lots of shopping, and reunions with people you haven’t seen in a year, who for whatever reason, have developed very high expectations of you. The holiday season is a time to impress! Vanywhere is the platform that will either enable you to use your unique talent to get some extra cash in time for gift season, or will teach you how to make the best pumpkin pie your Aunt Judy has ever had. Vanywhere is the ultimate pairing app between “Skillers”, those who are looking to share their expertise, and those who are looking for personalized advice. Since the app is backed by blockchain technology, there is no middle man acting as an intermediary between the “Skiller” and the user. The decentralized nature of the platform creates a “knowledge industry,” in which Skillers have direct control over their earnings on the platform. The company will issue its VANY token in January 2018.
The internet has significantly changed the way we access information. Imagine having to go the library and to actually look up facts by hand, rather than just accessing Wikipedia. The way in which we receive information, however, hasn’t really changed, as each day people all over the world spend countless hours scrolling through generic search results from anonymous recommendations. Rather than asking yourself if that blog post about the best restaurants in Lisbon was actually written by a local, Vanywhere has created a way to actually speak directly to a local.
Vanywhere is building a reliable reputation system on blockchain which can’t be tampered with. Unlike other platforms where users can buy ratings, identities, and even existing accounts, Vanywhere’s reputation system is verifiable, trustworthy and transparent, providing a powerful tool for both users and skillers. Reputation scores can also be used beyond the Vanywhere community to vouch for one’s professional skills, competency, trust, and more.
In Q1 2017, Vanywhere was live on the App Store for testing. One notable case study from the testing focused on providing support for Apple products and services, during which Vanywhere recruited Apple enthusiasts to be Vanywhere “Skillers”. The campaign generated 26% conversion from download to action, and during the course of the pilot, Vanywhere became the largest live video provider of Apple tech support in the world; people received live video advice on their “Apple issues”, posing common questions such as ‘how to sync my email to my iPhone’, and ‘how to work with iCloud’.
Vanywhere is an easy to use platform that works in 5 easy steps:
- Find a Skiller who meets your needs
- Choose how to connect (video, voice, chat)
- Get instant, personalized advice, answers, and solutions
- Seamlessly transfer VANY tokens for payment (Skillers set their own price per minute which is displayed in both USD and VANY tokens in their profile)
- Leave a review and rate your skiller.
From the start, the Vanywhere team has been methodically building their brand. With over 20 years of experience in digital marketing, they understand the importance of branding, content creation and the user experience – something which helps to distinguish them in the marketplace – particularly among other blockchain-based companies where branding and appearance are given little attention.
“Our vision is to be the world’s first skill-sharing platform operating on blockchain technology,” said Rami Shechter, CEO and Founder of Vanywhere, “We believe that the way people all over the world receive information is very outdated and time consuming. Vanywhere solves this problem by instantly connecting those who need help with a specific task with those who are experts in the field.”
Vanywhere is a live skill-sharing platform that instantly connects people seeking and offering skills, so you can get personalized results tailored just to you. All interactions happen through live, 1-on-1 video, voice and chat or offline gigs for freelance projects. Now instead of reading content online, you can pay by the minute to talk face-to-face with a person who has the exact skills that you need. It’s like FaceTiming with someone who can help you cook a meal, style an outfit, fix your smartphone, or more. Because Vanywhere has a created a new business model based on the VANY token and alternative revenue channels, where its users have direct control over their earnings.
Rami Shechter, CEO and Founder
Itay Shechter, COO and Founder
Gilad Menashe, CTO
VR Technologies launches global VR platform for integration of developers, consumers and business, announces tokes sale
- VRT marketplace, where content and services can be bought, sold, or rented. Content creators will be able to use customized price models, including free distribution, freemium and one-off subscriptions, as well as donations, crowdfunding and auctions;
- blockchain and smart contracts, to be responsible for the paying mechanism and securing intellectual property rights;
- application programming interface and software development kit for content creators;
- IPFS-based decentralized storage for all of the platform’s content;
- emulator, where developers will be able to test their content for comparability with various VR devices and applications.
November 20th 2018, London — Sharpe Capital and ETHLend are delighted to announce their exciting new cooperation partnership. The Sharpe-ETHLend partnership was finalized following a meeting at Web Summit 2017 in Lisbon, Portugal. The newly established relationship provides ETHLend with privileged early access to the Global Sentiment Index data-feed during its Alpha and Beta developmental stages, delivering real time insights into how the market perceives individual blockchain assets. Sharpe and ETHLend will work together to refine the product and optimize it for further commercialisation. This partnership is a key proof of the value of one of Sharpe Capital’s core products and future revenue streams — Sharpe is working to ensure the Global Sentiment Index becomes the world’s leading source for market sentiment data.
Through collecting real human insights and combining them with cutting edge machine learning, Sharpe can far surpass the traditional approach to sentiment analysis derived from often highly unreliable analysis of social media feeds and news sources. By joining forces with ETHLend, Sharpe Capital is able to tailor the Global Sentiment Index to an increasingly diverse audience, and help to reduce risks associated with blockchain-driven lending.
Sharpe Capital is a FinTech organization developing a platform to crowd-source market sentiment on global equities and blockchain assets, paying service fees in Ether to users in return for their insight. Supplemented with cutting edge, machine learning-driven linguistic analysis and quantitative trading strategies developed in collaboration with leading academic partners at University of California, Berkeley and the University of Oxford, Sharpe Capital aims to deliver best-in-class data-feeds for use by investors.
Co-founder and Chief Operating Officer of Sharpe Capital, Dr. Butler, described the newly announced advisory partnership: “By joining forces with ETHLend, Sharpe Capital is able to tailor the Global Sentiment Index to an increasingly diverse audience, and help to reduce risks associated with blockchain-driven lending.
ETHLend has been available on Ethereum main network since May 2017, providing a global lending market where loan conditions are agreed between borrowers and lenders, and parties can participate on both sides. ETHLend is a transparent, borderless and decentralized market and erasing interest rate differences between countries by providing competition on a global scale. ETHLend solves key issues regarding collaterals, decentralized credit rating and exchange volatility risks with fiat pegging option.
Through partnership with Sharpe Capital, ETHLend lenders will now access to the leading source of decentralized and crowdsourced asset sentiment, allowing lenders to assess collateral risk on loan request using real-time data from the Global Sentiment Index before choosing to fund a loan — Jordan Gustave, Chief Operating Officer of ETHLend
Going beyond simple metrics of price and implied volatility, the Global Sentiment Index will let users know precisely how the market perceives an asset’s viability over timeframes from one week to one quarter. Following the Sharpe Platform launch on 11th December, ETHLend will have access to the Global Sentiment Index as it is collaboratively developed and refined during the Alpha and Beta stages of the product.
Participate to our token sale on this Saturday by enrolling to our KYC-whitelist here.
AMSTERDAM, November, 2017— ICO HeadStart, announces today its ICO for the MOAT token on December 8. ICO HeadStart is a fundraising platform, which curates the most promising ICOs, which have been thoroughly screened, selected and certified with the ICO HeadStart Seal of Approval. Basically instead of you having to do your due diligence, the platform does it for you! ICO HeadStart’s unparalleled ecosystem allows them to provide their community with 100% profit sharing. ICOs are surging right now and it’s tough to figure out which ones to trust and which are a complete scam. ICO HeadStart has figured out a way to solve the dilemma by thoroughly pre-screening the projects that they list, so they community knows that their money is well invested.
The platform operates with the help of compliance officers who have dedicated themselves to selecting, screening and certifying ICO projects, before they are allowed to join the platform. Through this intense course of action, ICO HeadStart offers its community access to only the best ICO proposals, while also providing the highest level of risk management in the ecosystem. The ICO HeadStart Seal of Approval is the key standard, essentially symbolizing the best and most promising ICOs on the market. The platform subjects themselves to the strictest requirements and screening procedures.
ICO Headstart’s unique profit sharing model contributes to a massive value increase of the MOAT token, therefore maximizing profits of the entire community. In total, 80% of the profits made on the exchange and through contracts with the project creators on the ICO HeadStart platform, will be used to buy back MOAT from token holders. By doing so, the company contributes to a massive increase of the value of MOAT and thus returns their profits to the community. ICO Headstart plans to use the remaining 20% of MOAT tokens for newly listed projects on the platform, therefore giving them a head start in the funding process.
ICO HeadStart not only has a unique profit sharing model, but also a distinct process for deciding which projects become funded. The combined knowledge, insights and wisdom of the platform’s large community of backers vote together to determine which ICO projects will be successfully funded. A crowd of this magnitude always knows better than single individuals. ICO HeadStart creates the capital and the execution structure, and then democratizes that access to everyone in the community.
Once the community has determined that a specific project warrants funding, the funds gathered will be held in escrow. Based on the amount of funding needed, the project campaign roadmap and most importantly, the ICO Head Start Scorecard Analysis, ICO HeadStart will work to draw up an escrow contract for each individually listed ICO on the platform. ICO HeadStart plans to use smart contracts, in order to create the safest and most transparent mechanism on the market. These smart contracts are a perfect match for the decentralization of the ICO HeadStart platform.
“We are thrilled to officially announce the ICO of the MOAT Token,” said Nawid Habib, Founder of ICO HeadStart, “ICO HeadStart works to streamline and add much needed transparency to the ICO process. We aim to develop the first platform of its kind which successfully screens ICO proposals, certifying them with the ICO HeadStart Seal of Approval and then listing them on our platform. We strongly believe that the ICO HeadStart platform will empower the blockchain community.”
ICO HeadStart is the first fundraising platform where backers and project creators pay 0% fee without any additional costs. The platform lists only the best and most promising ICOs which are thoroughly screened, selected and certified with the ICO HeadStart Seal of Approval. ICO HeadStart’s unparalleled ecosystem allows us to provide our community with 100% profit sharing.
CrowdWiz begins its ICO for a democratized investment platform, allowing participants to pay with a credit card for the first time
TALLINN, ESTONIA, November 20, 2017 — CrowdWiz, a fully decentralized crowd wisdom powered investment platform, announces today the start of an ICO for the WIZ token. The ICO has a hard cap of $20 million. CrowdWiz had previously successfully raised over $5 million in its public pre-sale, as well as released a demo of an alpha, that shows how the platform will operate. CrowdWiz democratizes the investment industry, giving the power back to the people, and reducing the power of financial institutions like banks, funds, and exchanges. These institutions work as a monopoly, burdening users with high fees under a protective umbrella provided by the regulatory system. CrowdWiz plans to change all this by adding democratic features to the investment process, including the introduction of the first credit card processing solution for an ICO.
In line with its attempts to bring transparency and fairness to the investment world, CrowdWiz’s ICO will feature the first credit card processing solution, meaning that for the first time, participants can use credit cards to purchase tokens during an ICO. Unlike other ICOs, CrowdWiz makes the blockchain convenient for the average consumers, many of whom have never even heard of an ICO. CrowdWiz’s plans to include a credit card payment option compliments its desire to democratize the investment process. Similar to the investment world, in which wealthy or seasoned investors usually get better deals, it’s the cryptocurrency experts who already own ethereum or bitcoin that have been able to participate in the myriad of ICOs we’ve seen recently. CrowdWiz wants anyone to be able to invest in its ICO, regardless of how much or little they know about crypto, just as the company wants to make the investment process fair and open to all.
CrowdWiz is powered by Krypton Software, a division of leading fintech software company, TRADOLOGIC. The fintech software giant recently launched this cryptocurrency division, with a team of over 60 dedicated personnel and an existing backbone that transacted over 3 million items/actions.
CrowdWiz is an entire ecosystem that shifts the power away from intermediaries, who may have conflicting or undisclosed personal interests, and puts it back where it should be – with the investors themselves. The platform uses the wisdom of the crowd to make investment decisions, as under the right circumstances large enough groups tend to make remarkably good decisions and are often smarter than the smartest people in them. Thus, the wisdom of the crowd produces the best and most promising company to invest in.
The platform solves the problems associated with traditional investment funds, which often include high entrance costs, large fees, and little to no transparency. The ethereum based platform offers its users:
- Little to no fees
- Complete transparency
- Self governance on a democratic investment platform
- The ability to vote and join smarter investments
- A safe place to invest, as the crowd can protect itself from fraud
- The ability to profit from financial services
- Multiple uses for the WIZ token – investment, trading, insurance, lending, etc.
Trade on the platform will be processed via the WIZ token, which will enable token holders to fund, invest, vote, propose, open their own investment funds, decide the nature of the tradable goods within the ecosystem, and more. For simplicity of use, the platform offers several easy to use tools and apps with a robust set of functions: WizFund Platform, WizVote, WizExchange, WizTrader, WizInvestment, and WizStore
“The CrowdWiz ICO is officially live! After already raising over $5 million in its presale, we are all very excited to see how the ICO goes” said Slavena Savcheva, Co-Founder and and Head of Business Development & Marketing for CrowdWiz. “I believe our inclusion of a credit card processing option truly shows that CrowdWiz is dedicated to fair and equal opportunities for all, especially when it comes to the investment world.”
- Genaro Token Sales (Ticker: GNX) kicked off on November 17.
Genaro Network is the first blockchain 3.0 ecosystem built on a Turing-complete public chain with decentralized storage, providing blockchain developers a one-stop solution to deploy smart contracts and store data simultaneously. Meanwhile, Genaro provides everyone with a trustworthy internet and a sharing community. As the creator behind the blockchain 3.0 concept, Genaro aims to contribute to blockchain infrastructure technology development. Through the Genaro Hub and Accelerator, we aim to foster thousands of DAPPS, to move applications from “Cloud” to “Blockchain” and thereby create a global blockchain ecosystem.
Voting Module – Mainnet Release
Hi everyone. The wait is over! We have released the first component of our protocol, the voting module, onto the Ethereum mainnet. Head on over to vote.aventus.io to check it out. If you want to read about the voting module, we released a previous blog post titled: Aventus Protocol (Part 1): Deep Dive on Voting.
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The Aventus Team
SINGAPORE November 17 – In front of a packed audience at Singapore Fintech Festival, Gifto, a new blockchain protocol for ‘virtual gifting,’ announced their plans to sell $30 million in an upcoming token crowdsale. In addition, the company announced a partnership with KyberNetwork at the event alongside Loi Luu, their co-founder and CEO, to allow users and content creators to easily exchange tokens seamlessly on the Gifto platform as the company rolls out their platform to millions of users by Q1 2018.
Gifto is being launched by Uplive, a live streaming mobile application with over 20 million users that uses virtual gifting to reward content creators on their platform. Every month, millions of people use Uplive to view livestreamed content from over 60,000 content creators on their platform. To reward creators, viewers of a livestream on the app can send unique virtual gifts to their favorite content creators in the form of digital bouquets of roses to jewelry to even virtual cars and yachts, which can then be exchanged for actual money.
Uplive has stated that it will earn over $100 million of projected revenue in 2017 alone from virtual gifting. Gifto plans to take that business model to the blockchain, making it universal, and allowing content creators not only on Uplive, but every other content platform in the world, including YouTube, Facebook, and Instagram, to generate revenue through virtual gifting.
The Gifto Protocol is envisioned to be a self-governing and self-sustaining ecosystem for virtual gifts to be created, curated, tracked, bought, sent and exchanged across any content platform such as YouTube, Instagram, Facebook, etc. Virtual gifts will be immutable, universal and independent of any content platform and will be stored as smart contract assets that fans can send to their favorite content creators on any platform, without any plugin or additional technical integration.
“Our goal is to be one of the first companies to roll out a consumer focused blockchain platform with mass adoption,” said Andy Tian CEO of Asia Innovations Group (AIG) the maker of Gifto and Uplive. “ Gifto is a technology platform that our own users and broadcasters have been asking for, while simultaneously create value for content creators and influencers on every major platform in the world.”
Tian, a serial entrepreneur and the former head of Zynga China, announced details yesterday at a packed media forum event at Singapore Fintech Festival discussing ‘How Asia will lead the West in Consumer Blockchain Adoption’ that included Paul Kohlhaas, Dir of Global Business Development for uPort at ConsenSys, Remington Ong, Partner at Fenbushi Capital, Loi Luu of KyberNetwork, and Chris Miess, former CFO of TenX.
Gifto was also selected today by Binance, one of the world’s largest cryptocurrency exchanges, to become the first project on Launchpad, a new, exclusive, platform that provides their community with vetted, high-quality projects and provides a safe and secure way for them to purchase tokens.
The company has announced a whitelist for its token crowdsale which is set to begin for the public on December 14.