Category Archives: Smart Agreements
It is with great pride and joy that we announce that ETHLend has been selected as a finalist for the 2nd Annual LendIt Fintech Industry Awards, the World’s Leading Event in Financial Services Innovation. ETHLend has been nominated as a contender under the ”Emerging Lending Platform of the Year” category, awarded to the young company that has demonstrated the greatest potential to impact the future of online lending.
The 2nd annual LendIt Fintech Industry Awards will bring together 500 Fintech influencers and innovators to celebrate outstanding achievement. Out of hundreds of applicants worldwide, the selected finalists are vying for top honors within 21 categories, which celebrate fintech market leaders, emerging innovators and top talent.
“The lending industry is starting to recognize the power of blockchain in financial smart contracts. ETHLend is proud to represent the frontier of decentralized lending in this competition.” Stani Kulechov commented.
For more information about the LendIt Fintech Industry Awards and the recent nomination click here or visit www.lendit.com/usa/2018/awards. There are still a limited number of tickets left for the event, you can learn more and register for a ticket here.
Save the date: Feb. 21 at 17 hrs | Come and join our founder Stani Kulechov and team members to an Ethereum and Blockchain focused gathering organized by ETHLend and Reaktor in Helsinki.
More information here.
TenX Update: Smart Contracts on the Blockchain – Advantages and Challenges
Bienvenidos to Crypto: ANDES is the platform that tokenizes and trades Latin American digital assets
ANDES is the autonomous trading platform that leverages blockchain to create a Latin-spiced hub for its investors to safely tokenize their assets
Latin America, January 2018- Latoex, the development company that introduces the financial industry of Latin America to the crypto space, announces today its trading platform for digital assets. The trading platform, named ANDES, provides ready-to-use tools to implement the strengths of blockchain into traditional assets. From comprehensive technical analysis to descriptive components- the platform grants its financial institutions and investors enhanced safety and shortened exchange fees. By operating the system on the Ethereum blockchain and using smart contracts, it eliminates the known third-parties who match and enforce financial standards that many times lead to Ponzi-schemes and rigging.
Latin America’s financial markets are composed of assets like stocks, real estate, gold, commodities, carbon credits, and oil. Many of these assets are difficult to physically transfer, so buyers and sellers use a piece of paper that represents this tangible equity as an alternative to the trading process. This paper contains complex legal agreements that are nearly impossible to track. One solution that Latoex offers is to switch to a digital system that overcomes the industry’s status quo.
These kinds of strict regulations placed on the financial market have led merchants to search for other currencies alternatives other than fiat, and consequently, have found it within the cryptocurrency market. As soon as businesses began seeing that this market lets them not only enter but also withdraw freely, the liquidity surged. The platform that Latoex has developed offers its investors and businesses to gain a higher liquidity and ensure the legal adequacy by using a unique wallet.
A key feature in ANDES platform lays in its intuitive design. The design is abstracted with a graphical interface and tools that are available to the platform’s investors. It offers information regarding the current status of their assets: cash data-flow, price over earnings and more, in an easy to read and comprehensive presentation.
The Latin spiced hub which is maintained by its token issuers, financial institutions and companies heading to an ICO, carries in its infrastructure some groundbreaking benefits:
- The smart contracts allow companies to automatize liquidation and simplify reconciliation and back-office processes
- The company runs multi-layer security protocols that prevent hacking attempts and increase the protection of funds
- The company offers ICO toolkit by which companies could launch their ICOs and token creation
- The company offers a 24/7 availability and accessibility to its digital-assets issuers
“Latoex has lined up with the legal model of asset trading by realizing the need for the most acclaimed assets of Latin America to be reoriented to crypto”, says Fabio Silva, CEO of Latoex. “The company’s future project is to decentralize the negotiations for all investors who are interested in tokenization. By storing the ownership of each asset in the blockchain technology, we’re creating an investment cockpit where investors could visualize their digital assets from a single screen and with just a few clicks”.
Latoex is the development company of ANDES, the trading platform that offers practical functions to both the individual investors who wants to have access to several digital assets and cryptocurrencies in a single environment, and to the large institutional investors that require agility and low latency at all times. ANDES’s interface provides an intuitive and efficient trading experience with unlimited option to deposit and withdraw cryptocurrencies with just a few clicks. It offers graphically visualization for any token performance and sends several types of orders, including limit, stop, duration and conditional orders.
Empower yourself. Learn and discover. Have fun. Empower yourself by learning more about FunFair.io – an online games technology and development company. Discover how this company is revolutionizing the online gaming industry. Get involved in the upcoming FunFair ICO (or token creation event). Have FUN!
What is FunFair.io creating?
Bankless. Competitive. Cheaper. Cost-effective. Easy. Decentralized. Disruptive. Fast. Fair. Flexible. Friendly. Fun. Global. Innovative. Quality. Safe. Savings. Seamless. Trustless. All words that describe the online gaming platform and games that are being developed by FunFair.io. This browser-based casino platform, the fastest of its kind on the Ethereum network, will enable next generation smart blockchain gaming on a global scale.
Ethereum Smart Contracts and DApps – No Private Servers
The decentralized FunFair gaming platform makes it possible to create server-less, real-time casino games. This is a result of the innovative utilization of Ethereum smart contracts and DApps (decentralized applications).
Games run entirely within smart contracts. This makes bankless and trustless transactions possible. In addition, the smart contracts and DApps share responsibility on a level that makes seamless online gaming possible. They are asynchronous. They do not operate at fixed time intervals.
The aim is to deliver a fast, flexible and fun gaming experience where it is not required of the player to be concerned with details.
HMTL5 and WebGL Standards – No Flash Required
Games on the FunFair platform can run on any HTML5 enabled browser that is WebGL (Web Graphics Library) compatible. Unlike with most other games, no Flash is required to render 2D and 3D graphics. This makes it possible to play real-time casino games of the highest quality on the widest set of devices, including mobile devices.
It is not difficult to imagine the economies of scale this will generate. Combine this with the low costs associated with a decentralized platform of this nature – no hosting fees, just gas fees. Bets placed via this Ethereum-based technology platform is ten times cheaper per bet than bets placed elsewhere.
This will enable the passing on of savings to players in the form of higher payouts.
Random Number Generators – Provably Fair
Private secret servers in black box code make it extremely difficult to prove the fairness of outputs. This leaves the door wide open to abuse.
FunFair addresses the problem with the use of innovative, in-house developed random number generators (“Fate Channels”) and smart contracts. This makes smart blockchain gaming provably fair – something that brings much needed fairness and transparency to the table. You get to play real-time casino games like never before!
There is no doubt that this brings another disruptive, game changing aspect to the table.
Fun Games – No More Boring “Pick a Number” Blockchain Games
FunFair.io intends to change the status quo when it comes to boring “pick a number” blockchain games that are plaguing the industry.
The platform they are developing will support multi-state games (e.g. Blackjack) as well as games where states exist between individual rounds (e.g. Craps). In addition, the 3D games they build in HTML5 boast high quality 3D graphics. It makes it fun to play casino games!
The best part is that they have already made substantial progress in developing proof of concept blockchain games such as the ones shown in the video below. These casino games are running on test blockchains and are not live yet. However, it is clear to see that progress is being made. Scroll down on this page to see a road map of what they have planned.
Take the games for a spin here!
Developer Friendly – Open Architecture
The open architecture of the FunFair platform makes it extremely developer friendly. It keeps game developers happy. The results are already showing in the progress made this far – the only platform up-to-date that offers “instant, cost-effective real-money gaming to players and developers” (Funfair.io Commercial White Paper).
Operator Friendly – Live in 2 Clicks
The platform is also extremely operator friendly. It will take 2 clicks to publish a full casino suite.
Furthermore, FunFair license holders – those who hold FUN tokens – will have the opportunity to host casinos under their own private labels. A marketplace will be available where they can select the games of their choice, including the ability to select standard or VIP rooms. They will also have the ability to choose their own in-house bonuses for players and more.
When is the FunFair ICO?
The FunFair ICO or token creation event will kick off on June 22, 2017 at 1400 GMT (or shortly afterwards). FUN tokens are the ‘fuel’ required to power all aspects of the FUN platform – it comes with perks and bragging rights!
IMPORTANT: Don’t confuse FUN with FUNCoin (FUNC).
You don’t want to miss out on this event, since it will be the ideal opportunity to acquire FUN tokens at ICO prices. You also get to support the development of a next generation online gaming platform by making a contribution during the FunFair ICO.
In addition, you will be able to use the FUN tokens to play games on the FUN platform, sell it at a potential profit or hold it in order to participate as an affiliate or licensee in the future (e.g. host your own private label casino).
Get more information pertaining to the FunFair ICO or token creation event here.
The FunFair Team – Proven Track Record – 40 Years+ Industry Experience
The founding members, including Jez San (Founder, CEO), have a proven track record of more than 40 years in the gaming industry. They know how to create high quality, fun, interactive, easy to play games that sell well. The core team consists of more than ten full-time developers. Learn more about the team here.
We’ve barely scratched the surface here. Do your own due diligence. Be the champion of your own destiny. Experience smart blockchain gaming like never before.
Crowdsale FAQs: http://www.funfair.io/crowdsale
Token Event FAQ: https://www.funfair.io/token-event/
Commerical Whitepaper: https://www.funfair.io/wp-content/uploads/2017/06/FunFair-Commercial-White-Paper.pdf
Technical Whitepaper: https://www.funfair.io/wp-content/uploads/2017/06/FunFair-Technical-White-Paper.pdf
Promo Reel: https://www.youtube.com/watch?v=Gb3RrTy40yI
Working Demo: https://showcase.funfair.io/
Legaltech startup Agrello to develop on Ethereum, announces compatibility with additional blockchain environments
June 8th, Tallinn, Estonia – Agrello, a blockchain startup developing “smart agreements” on the basis of AI orchestrated smart contracts, announced its plans today to optimize its system for the Ethereum ecosystem, while remaining compatible with a series of other blockchain stacks.
In its mission statement Agrello declares that it aims to use its technology to allow users “without coding or legal skills to form legally-binding agreements on the blockchain”, and to “streamline production processes through the automation of resource allocation”. To do so, Agrello develops a graphical interface that allows users to assemble contracts, which are then compiled to code, managed, and executed on the users behalf by intelligent agents, based on BDI-software models.
In a blog post explaining the company’s decision, Agrello listed several reasons for its choice to develop on Ethereum, among them the maturity of the Ethereum ecosystem and the continuous efforts by the Ethereum Foundation to overcome regulatory hurdles, stating:
“Operating at the intersection of the legal system, financial institutions and disruptive technologies, Agrello is highly dependent on the establishment of good industrial relationships with the off-chain world. We regard the work done by the Ethereum foundation on this matter as invaluable, and seek to be an active player in the field, lending our hand to promote this effort even further.” (Hando Rand, Agrello CEO)
According to the announcement, Agrello will issue an Ethereum-based token in its upcoming ICO, but plans to remain compatible with other blockchain environments, such as Metaverse, Antshares, Lisk, Qtum, RSK, Ethereum Classic, and NEM.
Agrello (https://www.agrello.org/), is an Estonian blockchain startup, developing business-ready smart contract solutions. Agrello builds an AI powered graphical interface for the creation and management of smart contracts by users without legal or coding skills.