The spreadsheet got more and more complicated, until one day it took two minutes to load.
A recent back-and-forth between Coinbase and a bitcoin developer shows there’s still a big gap between the industry and the open-source community.
Mastercard is looking to expand its offices based in Dublin, Ireland, with 175 new technology developers recruited for roles such as blockchain experts, software engineers and information security specialists.
Mastercard is confident that blockchain technology is the future in regards to security and integrity within financial systems. This is displayed by the array of blockchain-related patents that they have acquired in an effort to make the best of payment innovations.
Back in 2016, Mastercard released some preliminary APIs, Blockchain Core API, Smart Contracts API and Fast Pay Network API. The implementation of blockchain technology is set to change the way in which consumers pay for goods and services.
Mastercard, like Santander with its blockchain phone app, will be working alongside San Fransisco-based technology Ripple to realize its blockchain future.
Mastercard’s view for blockchain purchases
It has been estimated that up to USD 1.4 trillion worth of fraudulent goods are circulating globally. This affects companies and individuals financially and could pose health and safety risks.
The Mastercard Blockchain and Authorization Network sets out to provide proof of provenance for goods. It plans to track anything from vehicle parts, pharmaceuticals, art, electrical items and luxury goods as they are created, transferred, purchased and re-sold, to prevent fraud.
Blockchains privacy will allow vehicle owners and registered dealers to share vehicle information with each other privately. Service history can be encoded into a smart contract, containing details such as the mileage, service type and stored irrefutably on the blockchain. Pre-purchase vehicle checks will be simpler: after gaining permissions to view private data, buyers can access service history, previous owner details and car details.
The person-to-person global market – worth over USD 16 trillion – could use blockchain for faster, more secure payments with the ability to set release parameters for balances and generate custom reports on transactions.
The blockchain future is coming
Ireland is among 21 other European Union countries pushing for a wider adoption of blockchain technology in the region.
In 2016, Justin Pinkham, blockchain lead at MasterCard, said, “We believe that there is a role of blockchain in the future of commerce. This future needs to be developed in partnership with banks, merchants, and industry participants.”
Mastercard believes Dublin is a key technology hub and that future development isn’t only limited to payments, having tested pay-as-you-go solar energy provision in Africa.
Bitcoin Press Release: Blockchain holding Finom AG has announced that it has opened orders for its cloud mining service, FinCloud. Finom AG is currently offering a 40% discount for pre-orders until the 15th of April, 2018
April 11th 2018, Teufen, Switzerland – FinCloud, a cloud mining service owned by the Swiss blockchain holding company Finom AG, has begun accepting orders for the purchase of mining power. All FinCloud users will be entitled to earn income for one month following their initial purchase. At the pre-order stage, FinCloud is offering a 40% discount valid until 15 April 2018.
Cryptocurrency mining, as a form of wealth creation, started becoming particularly popular in mid-2017. Around this period the value of the cryptocurrency market rose sharply, along with the mining profitability. However, mining remains out of most people’s reach. Setting up and maintaining mining rigs is technically complex and takes up a great deal of time.
Another challenge in this activity is the considerably expensive nature of the individual mining equipment. Companies offering clients the opportunity to rent mining rigs sold out of their power so quickly that the market is now experiencing a deficit as a result.
The Finom company has announced the launch of a new cloud mining service called FinCloud, which will happen later this month. Mining power for this service is already being sold. FinCloud offers the mining of the most popular and profitable cryptocurrencies, such as Bitcoin, Litecoin, Ethereum, Ethereum Classic, ZCash, and Electroneum.
“FinCloud is a part of the wider Finom ecosystem that contains five large crypto services including TabTrader trading mobile app and Nanopool, one of the world’s largest Ethereum mining pools. The equipment is owned by Cryptal mining center, which also forms part of Finom holding. Having provided the other profitable services in our ecosystem, we can offer much more competitive prices. FinCloud’s rates are lower than the rest of the market,”
said Rustam Kutuev, founder of Cryptal mining center and head of business development at Finom AG.
FinCloud accepts payments in US Dollars but not Euros, to aid its users in conserving value on the exchange.
The Cryptal center mines most cryptocurrencies through Nanopool, with the exception of Bitcoin and Litecoin. In the future, the company plans to launch its own pools for these two coins, so that they can be easily mined with the platform’s ecosystem.
Learn more about Finom AG – https://finom.io/
Join the official Finom AG Telegram – https://t.me/finom_community
Find Finom AG on Facebook – https://www.facebook.com/finom.company/
Follow Finom AG on Twitter – https://twitter.com/finom_company
Read about Finom AG on Bitcointalk – https://bitcointalk.org/index.php?topic=2341179
Official Finom AG on VK.com – https://vk.com/finom_community
Learn about the Finom AG team on LinkedIn – https://www.linkedin.com/in/finomcorp/
Official Finom AG Medium blog – https://medium.com/@Finom.io
Contact Name: Toma Besedina
Location: Teufen, Switzerland
Company: Finom AG
Finom AG 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 Finom AG token sale is closed to US participants and participants of all countries in which ICOs are illegal.
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A new cryptocurrency app due to be released in the autumn is reputed to be the first to provide traditional stock exchange features. The app, Bison, is being released by Fintech company Sowa Labs, a subsidiary of Boerse Stuggart Digital Ventures. Boerse Stuggart is Germany’s second-largest stock exchange after Boerse Frankfurt.
The new app is promoted as enabling “an easy entry into the crypto world”. Dr Ulli Spankowski, Sowa Lab’s managing director, said, “Bison simplifies trading with digital currencies. It is the world’s first crypto app, behind which is a traditional stock exchange. ”
Dr Spankowski argues that in Germany, fast trading of cryptocurrencies such as Bitcoin and Ether has been “anything but easy”, claiming that the new app will break down barriers, enabling fast trading in German, then later in English, once fully developed.
Sowa Labs conducted a survey of 1,019 German crypto traders asking for their opinion on virtual currencies. Of the respondents, 81% were male, 19% were female, and 54% were 35 years old or younger. Of these, 16.9% owned a single cryptocurrency, whilst 18.2% confessed to owning several. More than 80% of respondents opened their first trading account from 2017 onward.
Germany and cryptocurrency
Germany, along with France who is more supportive of ICOs, has been vocal within the EU in supporting blockchain technology and has joined 21 other countries in supporting initiatives with the aim of reinforcing local innovation. Germany is focused on making a unified European Union stance on cryptocurrencies and wants France to come on board. It is expected that regulatory conventions in both of these countries will directly affect the concerted effort by the EU to arrive at a unified cryptocurrency and blockchain policy.
This year the German ministry of finance declared that there wouldn’t be sales tax on purchasing with Bitcoin and that the digital currency would be regarded as the equivalent to legal tender for tax purposes when used as a means of payment.
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Popular mobile phone app Robinhood is looking to offer the ability to trade cryptocurrencies in addition to stocks on US exchanges. The app initially set out to bring investments in public limited companies to a wider demographic without the limitation of fees and minimum balances. The app uniquely collects interest on balances similar to a bank instead of taking a commission on trades. It offers a variety of features, a few of which are security measures and real-time market data.
Robinhood Crypto was launched in February, supporting real-time market data for 16 cryptocurrencies. Bitcoin and Ethereum are the only two currently trading on the application, with a view to support more. A spokesman did say to “keep in mind that supporting market data for individual cryptocurrencies does not necessarily mean we plan to add buying and selling”.
Access is limited to customers in Montana, California, Missouri, Massachusetts and New Hampshire with more states available later. The company hopes to release the application globally, with plans initially for Australia. By bringing all investments together in one application which is more accessible, this could encourage integrity in the cryptocurrency market. Having a familiar application could make the transition to larger exchanges less daunting and also providing a streamlined solution for round the clock trades for those with experience.
Robinhood Crypto will not support ICOs at this time, which could contribute to safer investments for newer traders, mitigating the need for thorough research.
Features and security
Buy or sell orders can start at any amount above 0.00001 BTC and 0.001 ETH. Traders have several order options with additional functionality. Market orders can be protected from price moves with order collars (up to 1% for buys, 5% for sells). Limit orders can be placed in USD or fractional amounts.
Coins traded on the platform will be stored in a combination of cold or hot (offline or online) storage to provide enhanced security. As of now, Robinhood does not support withdrawing or depositing crypto to external wallets as a preventive measure against illegal activities. There is a view to allowing withdrawals in the near future.
Various steps have been taken by the company to provide enhanced security. Rotation of security staff, restricted access, and regular third-party security tests will look to ensure user investments stay safe.
Security is a growing concern in the crypto market with the limited availability of qualified staff. In recent months, the industry has seen some large-scale hacks to exchanges, such as the recent ones of Coincheck and Coinsecure. Exchanges’ inabilities to store clients investments securely could have a detrimental effect on the market.
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Popular Blockchain gaming startup TriForce Tokens had launched a social engagement platform for gamers, known as Raid Party. The UK-based gaming startup is siming to become the new top dog in decentralized gaming by offering something unique, in it’s monetization of online gaming and by rewarding it’s users by giving them FORCE tokens to play the games they love.
To get an idea of the community interest in this project, over 21,000 registrations were recorded in the first week of the week following the start of the platform. This number was most likely aided by the fact that the platform is already in its early phases and has working applications being built upon it.
TriForce Tokens is currently undertaking talks with numerous indie game developers, with several already signed up to integrate with the Raid Party/TriForce partnership. The project has already achieved a number of valuable partnerships on the road to its token generation event.
What is TriForce About?
The triforce Token main focus is to unite players and indie game developers, by providing them with simple, profitable and safe ways to gather a substantial user-base and create a more lucrative business model.
TriForce Tokens aim to achieve this with its uniquely designed reward structures within apps such as Raid Party.
TriForce Tokens is in the process of developing its technology as an indie game incubator for the Latin America market through its partnership with levelup.com, the largest Latin-American games publisher.
Right now there is no other startup offering quite the same potential for any real-world application.
Leading Games Industry Advisers
The TriForce Tokens actions have been attracting lots of attention in the gaming world, including the likes of Industry big shot and former world champion of CS: GO, Danny Montaner. Danny is also known as a former manager to the world’s largest and most popular gaming organization, Faze Clan. The former Counter-Strike veteran approached TriForce CEO Pete Mardell, voicing his strong affinity with what the UK-based gaming platform was aiming to accomplish.
Vadim Bulatov, currently Head of Social Marketing at Wargaming.net, the creator of World of Tanks, World of Warplanes and World of Warships, is also a valued adviser. The gaming veteran approached TrForce Tokens Vadim also approached Pete Mardell, following the project’s vision of community collaboration and recognizing that cryptocurrency is positioned to revolutionize the gaming world at a business level.
BUSCA CORP President-Founder Ramon Toledo and his team are currently working with the TriForce team and expect to make the FORCE token much more than just a trading token. They believe that the FORCE token can underpin an entire ecosystem of online gaming, solving real-world issues through long-lasting strategic partnerships.
Chairman at LDJ Capital, David Drake is one of the most recognizable, successful and celebrated venture capitalists in the investment business. David instantly recognized the potential of TriForce Tokens in early 2018 when he first met the company leaders. David Drake is a pioneer for crowdsourcing in the US, having founded the US Crowdfund Intermediary Regulatory Advocates (CFIRA) and US CrowdFunding Professional Association (CfPA).
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Bank of England’s governor Mark Carney has declared during a speech in Toronto that digital currencies are no risk to the financial environment.
At the Public Policy Forum’s Canada Growth Summit held on 12 April, Carney suggested that digital currencies were “no risk” to the financial world as yet, despite the “huge amount” of illicit activity attached to them. His comments, echoed in a letter he sent to the recent G20 summit in Argentina, argued that as yet, these currencies are no risk as they are not attached to the financial system and still small.
Former Bank of Canada head Carney has continued to push for tighter regulation for cryptocurrencies over past years, suggesting that without regulation they are open to abuse when exchanged against fiat currencies, saying, “there’s plenty of serious abuse or at a minimum, they are very porous to a cyber attack and theft and they just do not meet the standards.”
In Carney’s home country, the Bank of Canada as recently stated that globally aligned policies governing cryptocurrencies are needed. The Ontario Securities Commission (OSC) stated this month that it was currently gathering information on several cryptocurrency trading platforms after receiving complaints about their activities.
This OSC move comes amid the rise of exchanges to trade digital currencies, as well as initial coin offerings to launch new ones. Sharp rises in prices for the new currencies last year created an upsurge of interest in Canadian startups.
The Bank of England governor has always been skeptical about introducing digital currencies into the financial system. He stated earlier this year that the cryptocurrency ecosystem could be incorporated if the same regulatory approach and “rigorous standard” used in conventional financial systems were applied to cryptocurrencies.
Carney’s views on cryptocurrencies have softened in recent months, commenting recently that digital currencies like Bitcoin should be regarded as assets.
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Bitcoin Press Release: Betrium finished its Pre-ICO with $1.3 mil raised and launches ICO soon with 20% discount. Project supported by world’s betting champions and gambling industry leaders.
April 11th, 2018, Hong Kong – Bettrium is the worldwide bookmaker and betting exchangeoffering zero fees, innovative Volatility Stabilization System / Hedging for professional traders, API for developers and event organizers platform. Betrium is going change the wealthy industry of $1 trillion annually. The project is supported by Kevin Dolan, World Series of Handicapping 2015 champion, the “The Complete Guide to Sports Betting” book author. Kevin acts as an advisor in the project. Recently, Betrium released the demo of the sportsbook platform.
During the next two weeks, Betrium will release betting exchange alpha along with iOS and Android applications for its sportsbook. In January, Betrium was a sponsor of Lamborghini team on 24 hour Series in Dubai. Betrium has partnered with VAVEL.com, an international sports media with over 35 million of visits, which became an accredited media of FIFA World Cup 2018.
VAVEL Media CEO, Javier Robles offered these words about the partnership;
“For VAVEL, this partnership with Betrium guarantees, our willingness to support and backup a project since its inception is called to revolutionize the sports betting industry from scratch given the brilliant idea of decentralizing the way to bet making it accessible globally without depending on different international laws and regulations
We believe in Betrium because of the ease with which its users can perform transactions through cryptocurrencies and their roadmap is frankly hopeful. VAVEL trusts Betrium simply because it is the future of betting in sports.”
Maksym Suvorov, co-founder of Betrium, on TNABC conference, Miami, added;
“Betrium’s mission is to expand and to become a global key-player in the gambling market.”
Earlier, Sam Taheri, professional GT, and NASCAR pilot became an advisor and sports representative of Betrium. He offered this interview at the appointment. In the early March Betrium’s team began its roadshow, during 20 days the team will visit 5 blockchain conferences all around the world, including all of the following locations:
- Seoul, South Korea, d10e.
- Ho Chi Minh City, Vietnam, Vietnam Blockchain Week.
- Melbourne, Australia, APAC Blockchain Conference.
- Singapore, Money20/20 Asia.
- Hong Kong, Token2049.
Last key updates
- Kevin Dolan, World Series of Handicapping 2015 champion, author of “The Complete Guide to Sports Betting” book, joined Advisory Board of Betrium.
- Sergey Efimenko, former BetConstruct Operational Director, and Bet365 bookmaker joined Advisory Board.
- Betrium became a sponsor of the Money20/20 Asia conference in Singapore. The project will be among such companies as Google, Paypal, Mastercard, GitHub, Toshiba, HSBC etc.
- Betrium has published legal documents of Hong Kong incorporation.
- Luke MacDonald, a well-known professional gambler with over $1.9 mil turnover, supported Betrium and entered to Advisory board of the project.
- Betrium was a sponsor of Lamborghini Huracan Super Trofeo on 24 hour Series race in Dubai.
- The project was an official sponsor of the TNABC conference, which took a place in Miami on 17-19th, where Betrium’s CEO Max Suvorov spoke and presented the project.
- Betrium is also a sponsor of the racing car on the Lamborghini Super Trofeo Middle East race in Abu Dhabi on 2nd of February.
Token Sale summary
ICO Start: 5th of April 2018, 23:00 UTC
ICO End: 14th of May 2018, 23:00 UTC
Token price: 1 ETH = 3000 BTRM or 0.00033 ETH per token.
Check out the Betrium Official Website – https://betrium.co
Read the Betrium White Paper – https://betrium.co/betrium_whitepaper.pdf
Join the Telegram Group – https://t.me/betriumChat
Follow Betrium on Twitter – https://twitter.com/betriumBets
Find Betrium on Facebook – http://fb.com/Betrium
Betrium review on ICO Ranker – https://icoranker.com/ico/betrium/
Read about Betrium on reddit here – https://www.reddit.com/r/Betrium/
Read up on Betrium on Bitcointalk here – https://bitcointalk.org/index.php?topic=2234870
Contact Name: Alice
Contact Email: firstname.lastname@example.org
Location: Hong Kong, 148 Wing Lok Street
Betrium 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 Betrium token sale is closed to US participants and participants of all countries in which ICOs are illegal.
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:Blockchain Sports Betting platform Betrium Raises $1.3 Million on Presale, 20% Bonus For Main Sale appeared first on BitcoinNews.com.
The Rungsted Seier Capital ice rink in Denmark has been officially renamed the Bitcoin Arena in a move by co-owner Lars Seier Christensen and billionaire sponsor Niklas Nikolajsen.
“We have had a good year, and you would be of no worth if you cannot look beyond your nose tip and see how to contribute a little,” said Bitcoin investor Niklas Nikolajsen, translated from Danish.
The club, Rungsted Seier Capital, in Horsholm, 25 kilometers north of Copenhagen, were playing their home games at the Saxo Bank Arena last year prior to the new changes which were introduced at the end of 2017.
The club’s star player, Nikolaj Rosenthal, is now paid his salary in Bitcoin; as of December 2017, he became the world’s first sports personality to be paid in digital currency. The club made the announcement at the end of last year:
“Top Rungsted player Nikolaj Rosenthal will pioneer the switch from traditional salary payments in Danish Kroner to become the first professional sports athlete to be paid fully and exclusively in Bitcoin, paving the way for others in- and outside of the world of professional sports to do the same.”
A collaboration with Bitcoin Suisse AG, a Swiss-based financial service provider specializing in crypto assets, extends to other initiatives with Rungsted Seier Capital, with five different competitions launched enabling fans to win prizes of 0.1 BTC. The stadium will now display a new center logo, “a massive 9-meter diameter ice-covered gold and silver Bitcoin”, Bitcoin Suisse confirmed.
Payment terminals in the stadium now enable payment in Bitcoin and other virtual currencies, and the season’s ice hockey pucks have been redesigned as Bitcoins.
Denmark has long been thought of as Bitcoin-friendly. It is easy to buy and sell Bitcoin in Denmark thanks to the numerous Bitcoin exchanges that operate freely in the country. Danish government legislators have indicated that their goal is to make all retail transactions digital and remove paper money by 2030.
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