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Simplifying Blockchain for Enterprise

Businesses are becoming increasingly interested in adapting to innovative blockchain technology. In 2017, the global blockchain market was about USD 340 million and is forecast to grow to USD 2.3 billion by 2021. 2018 is considered an important evolutionary stage for blockchain, as enterprises move from proof-of-concept to full blockchain deployment. The pressure is on, as boardrooms across the globe are beginning to demand successful real-world use case results.

While some companies compete to deploy, the fact is, the vast majority do not have the resources to see the task through. We are still in the early stages of the blockchain wave, and as great as interest may be, the obstacles to entry and deployment are still prohibitive for the average enterprise.

The cost of developing a new software architecture system from scratch, hiring talented developers to code, deploy and maintain your blockchain vision, is extremely costly. Talented blockchain developers with years of hands-on-experience are thin are the ground and those who are available can charge hundreds of thousands of dollars for their service. Blockchain simply has not been around long enough for the talent pool to catch up with demand. This is why it is commonly said in the industry that no-one knows a good Ethereum developer who isn’t a millionaire.

Blockchain-as-a-Service

While there is a clear shortage of skills in the blockchain space and undoubtedly, educational institutes and time will address the problem, in the meantime, other solutions are emerging. Primarily, the creation of developer tools to simplify the complexity of working with blockchain technology.

Enter the Blockchain-as-a-Service (BaaS) model. A client pays a BaaS provider to set up and maintain a blockchain and nodes on their behalf, as well as to handle the complex back-end of their business. Microsoft was one of the first vendors to enter the space in 2015, offering BaaS services on its Azure cloud platform. Since then, other industry giants have thrown their hat in the ring, including Amazon, Hewlett Packard, Oracle and IBM.

Chain Factory and NULS

Another interesting development is in the area of blockchain modular software architecture. Innovative companies like Chinese blockchain company NULS are focused on a more direct approach to solving the blockchain technology entry problem. This week, we interviewed Yang Lin, angel investor and key code contributor to the NULS project.

According to Lin, NULS are building an innovative software system which will help enterprises build blockchain solutions inexpensively without the need to understand complex cryptography and blockchain programming. “We named the product Chain Factory, and aim to deliver it to market by December 2018,” he says.

Not surprisingly, the NULS head office is based in the city of Chongqing, which has a government-designated digital hub for blockchain and big data companies in the Yuzhong District.  The hub project is called “chain island” and authorities hope it will attract CNY 10 billion (USD 1.5 billion) in investment, and deliver an output of CNY 20 billion yuan (USD 3 billion) over five years.

We put some direct questions to Lin.

Yang Lin, NULS

What is Chain Factory and what problem is it solving?

Lin: Chain factory is technically a software system we are building which will basically offer a pluggable modular system to enable people and enterprises to build their own blockchain without the need for complex programming. The advantage of Chain Factory, is that developers won’t need to understand blockchain base-level technology, which is quite difficult. The demand for base-level tech is huge, and a professional platform which offers a mature set of base-level tech, which is well thought out and quick to market, will have great impact.

It sounds like the WordPress of blockchain?

Lin: Yes, it has been called that, and from a software perspective, it is kind of like WordPress. It has pluggable components and independent developers can develop modules to add to the technical repository library. These could be industry specific modules, for example in medical data, logistics, insurance, gaming or digital music. Our aim is to eventually build a repository which covers 80% of industries in the blockchain field.

However, our vision does not end with the development of a popular software. We also want to create a holistic ecosystem, one which connects and interlinks, where for example the cross-chain module makes it possible to link your blockchain with others in the NULS ecosystem. This will promote cross-trade, partnerships, reliable data transmission, trust and value.  Projects from different geographical regions in the ecosystem could decide to collaborate on joint projects, for example, agreeing to jointly support the launch of a particular Dapp or product. In so doing, they could pool resources, and provide instant access to a global market, which traditionally would be prohibitively expensive.

What initial industries will you target?

Lin: Our priority is the gaming industry because they will be the fastest to implement blockchain technology. The gaming industry has serious incentive and momentum; in 2017 there were 2.2 billion active gamers in the world, generating USD 109 billion in gaming revenue. China is still number 1, revenue-wise, followed closely by the US and Japan. Recently, NULS established an investment department under the watch of our director Gavin Weihua. We are targeting ambitious projects, particularly in the gaming industry who are open to building on our platform.

How do you plan to market Chain Factory?

Lin: In practice, an innovative product which solves a major market problem, shouldn’t require forced marketing. We foresee Chain Factory gaining popularity quickly by word of mouth. Our talented CEO Liesa Huang will take the lead on branding and establish some good use cases, and our expanding international team will be involved in raising awareness in the community and media.

How do you see the future in blockchain?

Lin: The future is unpredictable, which is why we are creating a blockchain architecture which is flexible and upgradable. We are not in the business of predicting the future, only in facilitating it. Personally, I am very interested in combining IoT (internet of things), AI (artificial intelligence) and blockchain because I want to change people’s lives.

Imagine a time when all data can be continually collected through internet devices and analyzed accurately by an AI system which is self-learning, quick to spot emerging patterns and can make intelligent decisions faster than any human ever could. This would not only help businesses deliver better customer service, but it could transform the way we live and work. For example, we might wear an IoT health device which monitors and records our vital signs securely on the blockchain. The AI learns to spot patterns and reacts when it sees an anomaly. Perhaps it books an appointment with your doctor or orders medication for you.  Who knows! The future is bright, and the future is blockchain.

 

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The Blockchain Race: Who Is Going to Win?

Blockchain, potentially the most radical software development of the new millennium, looks set to revolutionize developments in currencies, banking, e-voting, patents, smart contracts, distribution and public services [1].

As a result, we are likely to witness a period of intense competition as software companies around the world vie for the title of innovation leader within the blockchain sector. Huge rewards are at stake in terms of prestige as well as hard cash. Indeed, given the current trade spat between Washington and Beijing, as well as the ongoing commercial rivalry between America and China in the field of social media, online retailing, smartphones and mobile payments, the struggle for preeminence in the blockchain industry is one that will be watched closely in tech boardrooms around the world.

Sino-American rivalry

On the face of it, the United States is the obvious favorite. Over the past 30 years, it has forged a unique reputation for cutting-edge technology based on the success of global leaders like Apple, Microsoft, Google, Facebook, Amazon and Snapchat, and by its endlessly innovative Silicon Valley culture.

But China should not be written off. Despite a recent speech [2] given by Liu Yadong, editor of Beijing’s Science and Technology Daily, in which he criticized those who exaggerated China’s achievements (thus aggravating the concerns of many Western nations), the Chinese government has been a consistent champion of the country’s technological advances, and with good cause.

Quite apart from its growing space program and expanding electric vehicle (EV) industry – which now accounts for roughly 55% of global EV production [3] – China is tipped to become a world leader in supercomputers, semiconductors and clean energy, to name but three vital industries.

Anyone who doubts China’s technical capabilities should study the success of WeChat, China’s multi-purpose messaging, social media and mobile payment app. Founded in 2011, it is now used by more than 1 billion active users per month [4]. Only Facebook, Instagram and WhatsApp are bigger. Another success story is the online retailer Alibaba. Founded in 1999, five years after Amazon, Alibaba’s Q1 results for 2018 show total revenue at USD 9.9 billion (Amazon USD 51 billion) and profits at USD 1.1 billion (Amazon USD1.6 billion) [5]. But by 2020, when China’s e-commerce market is estimated to be roughly three times larger than that of America, it may be a different story.

China’s advanced digitalization

China has one or two other advantages when it comes to blockchain development. First, it has a definite edge in the use of online integrated systems. A good example is the widespread use of smartphone apps like Alipay and WeChat to pay for almost everything from monthly rent bills to cups of coffee. Today, only a minority of Chinese city dwellers still use cash, showing just how digitalized Chinese society has become. This successful adoption of digital payment systems could well be a key predictor of China’s future success in implementing the cross-industry digital collaboration involved in blockchain.

Of course, the country’s use of smartphone apps is undoubtedly facilitated by Asia’s dominance of the global market for mobile phones. As of Q2 2018, South Korea’s Samsung (30.7%) leads U.S. Apple (19.4%), while China’s own Xiaomi and Huawei brands (14.5% combined) are catching up fast [6]. No wonder that more Chinese consumers log on to the Internet via their smartphones than do so in America, Brazil and Indonesia combined.

Second, because China’s banking and financial systems are controlled by the state, there will be less opposition than in the US, where the introduction of a decentralized blockchain system may involve significant revenue losses for banks and credit card companies, all of whom are likely to object. Furthermore, the state-run system tends to outperform the private sector when it comes to resourcing priority projects. Thus, ever since 2016 – when blockchain was declared a key priority of the government’s 13th Five-Year Plan – the government has been energetically gearing up to support its software companies in the race to dominate the blockchain ecosystem.

In 2017, China filed 225 out of a total of 406 patents relating to blockchain, more than any other country [7]. According to Yu Jianing, director of the Institute of Industrial Economics at the Ministry of Industry and Information, a complete industrial chain now exists in China to support blockchain, encompassing hardware, platform software, security and application services. Human resources in the field of blockchain programming and digital communications have also been ramped up. As a result, there are now more than 500 blockchain companies operating on the Chinese mainland [8].

Onething Technologies

An interesting example is Onething Technologies, the Shenzhen-based cloud computing arm of Xunlei Limited, a NASDAQ-listed Chinese multinational. In April 2018, Onething announced the launch of ThunderChain, its new high-performance blockchain platform. ThunderChain, which is compatible with Ethereum Virtual Machine (EVM), allows software companies and individual developers to create and install their own blockchain applications, taking advantage of ThunderChain’s capacity to handle more than 1 million transactions per second.

NULS

Another young Chinese company involved in the development of blockchain platforms is the Chongqing-based NULS, founded in 2017. According to the China Center for Information Industry Development (CCID), NULS will be ranked from September on CCID’s Global Public Chain Technology Evaluation Index, an initiative of the Chinese Ministry of Industry and Technology designed to monitor blockchain development for the Chinese government.

NULS’s aim, according to CEO Liesa Huang, is to create a modular click-and-go system to make it easier and cheaper for businesses to get on the blockchain. Huang explained it like this: “Enterprises can choose to start small and try our tech, and then expand their infrastructure as demand arises. They can create a blockchain using our module library without the need to start from scratch.”

NULS advisor Jason Zhang
NULS co-founder Jason Zhang

Like other blockchain companies, NULS is an enthusiastic supporter of blockchain’s open-source ethos. Recently it launched the NULS Technology Institute, which works with universities and businesses in China and abroad on joint blockchain research. According to NULS founder and technical guru Jason Zhang, being part of China’s new wave of blockchain development means taking every opportunity to make a positive contribution to the country’s technological future.

“In blockchain, to give is to receive,” he says. As an example, he points to NULS’s partnership with the Deng Fei foundation – a Chinese charity that provides school meals to children in developing countries – to set up Qingteng Chain, a charity blockchain with access to some 5 million people [9]. From its offices in Chongqing, Shanghai and Singapore, the company works hard to develop its own community. In June 2018, NULS-related YouTube video content was watched by 300,000 people, while in July the launch in Beijing of the company’s Main-Net – attended by 300 delegates from the Chinese media and blockchain community – was live-streamed to more than 10,000 people. In the West, the NULS community has grown to 40,000 social media followers.

Community more important than nationality

But the main focus of Zhang and his 50-strong team remains the development of the NULS platform and its modular building blocks, which give non-technically minded clients the plug-and-go resources to get started on the blockchain.

“In China, technology must be made to serve society,” Zhang says. “What is the point of blockchain if it cannot be accessed by ordinary companies and individuals?”

In pursuit of this goal, NULS works closely with its partners to develop specific modular systems for differing industries. These include electronic payment solutions, medical data storage, supply chain management, digital rights management and more.

Studying NULS’ approach, it’s clear from its focus on opening up the blockchain that it has a definite goal to be as business-friendly as possible. If that sounds more like an American than a Chinese mission statement, it perhaps indicates that – in blockchain at least – community is becoming more important than nationality.

References

[1] European Parliament’s STOA report PE581.948 available at http://www.ep.europa.eu/stoa/

[2] South China Morning Post. 26 June 2018

[3] CAMM, IE, Statista, ev-volumes.com, Frost & Sullivan’s

[4] “WeChat’s world,” The Economist. 16 August 2016

[5] Statista.com. 9 August 2018

[6] Statcounter GlobalStats at gs.statcounter.com

[7] Financial Times, London. 25 March 2018. The US applied for 91 patents.

[8] China Daily. 1 June 2018

[9] https://medium.com/@nuls/welcome-to-main-net-c077f589e30d(10) To read more about NULS, see their white paper, here:https://nuls.io/pdf/NulsWhitepaper1.1.pdf

 

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Blockchain Company? Obtain Free Consultation with the Original Bitcoin PR Agency, Bitcoin PR Buzz

The first professional Bitcoin PR agency to open its doors for business in 2013, Bitcoin PR Buzz, is now offering a special cost-free offer of a one-hour blockchain PR strategy consultation. This offer is especially tailored for blockchain companies seeking to increase their online presence and expand on their influence, and comes with no obligations.

For five years, Bitcoin PR Buzz has helped grow and promote blockchain and cryptocurrency related startups. The agency helps companies get the attention and space they deserve in the industry, providing PR and sponsored content writing services for publication across top-tier Bitcoin media and news sites, including localized content.

Chat with blockchain PR experts at no cost to you

Every company and organization can benefit from this offer, from startups seeking a foothold to established heavyweights intending to boost their reach and communities. Bitcoin PR Buzz knows best when it comes to analyzing and optimizing blockchain marketing strategies for effective outreach to potential new users, followers and supporters.

Bitcoin PR Buzz specialized Account Managers are ready to consult companies on their PR and marketing strategies and evaluate them for no charge, for up to an hour, with no obligations. This summer initiative will offer the following:

  • a Skype meeting with an expert Account Manager, ready to share vast industry experience.
  • pre-analysis of social media presence, platform and white paper for improvement points to be discussed, along with strategy advice and suggestions during the meeting.
  • competitive analysis of rivals’ strategies, helping companies stay ahead of the pack.
  • refinement of PR methodology tailored to individual requirements and budget, optimized for maximum impact.

This offer is available by arrangement simply by emailing contact@bitcoinprbuzz.com.

Introducing the improved “Platinum Executive” Package

Responding to client demand and feedback, Bitcoin PR Buzz has improved its premier offering, the Platinum Executive Package, to offer a wider reach on an already outstanding package that includes guaranteed featured articles and PR publication on the most recognized crypto and blockchain news channels.

This package represents the most comprehensive PR and featured content offering the industry has, including:

  • everything in the Ultimate Executive package at https://bitcoinprbuzz.com/services, plus 11 original featured articles on top tier Bitcoin media.
  • 11 featured, unique articles written and published for you on CCN.com, BitcoinNews.com, NullTX.com (formerly TheMerkle.com), CoinCodex.com, globalcoinreport.com, ambcrypto.com, Blokt.com, CoinIdol.com, Bitsonline.com, Coinspeaker.com, and CoinIdol.com.
  • PR publication on major crypto news sites including CCN.com, BitcoinNews.com, Coinspeaker, Criptonoticias, Criptomoedas Facil, ZYCrypto and much more.
  • PR publication on Reuters.com, FOX, NBC and 500 other mainstream news sites.
  • PR sent directly to newsdesks of over 500 outlets such as New York Times, Forbes, CNN and Bloomberg.
  • A viral ad campaign on social media with full Twitter tracking link.

To find out more about the industry’s biggest and most comprehensive PR and featured content offering, ask for the Platinum Executive package at contact@bitcoinprbuzz.com. To learn more about Bitcoin PR Buzz, visit the website or follow them on Twitter.

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FAWS: The Leading Crypto News Aggregator

FAWS is a leading Bitcoin, cryptocurrency, and blockchain news aggregator. It provides a live feed of news pulled from 59 different crypto news sites, including mainstream media news sites like CNBC, CNN Money, and Reuters. Bitcoin News at BitcoinNews.com is proud to announce that it is entering into a partnership with FAWS, and all stories published on Bitcoin News will be displayed on the live FAWS news feed.

Whether you are a cryptocurrency investor, trader, enthusiast, or journalist, FAWS is the best way to keep up to date on the full spectrum of Bitcoin, cryptocurrency, and blockchain news. It pulls from so many sources that they don’t miss any stories, so reading from the feed consistently ensures you’ll be kept abreast and knowledgeable in the crypto and blockchain space. This can be especially important if you are an investor or trader, since the information provided can give you the edge needed to trade cryptocurrency profitably.

Additionally, FAWS has an easy to use display of live cryptocurrency prices, market caps, and trading volume, which is essential information if you are a cryptocurrency trader or investor. Further, FAWS has a portfolio tool that gives traders and investors the ability to build a portfolio based on the different cryptocurrencies they own and track their value in real time. This gives traders and investors an easy way to track their profits and losses over time and help them make decisions more efficiently on which cryptocurrencies to buy and sell.

Head over to FAWS today to increase your Bitcoin, cryptocurrency, and blockchain expertise and make your crypto enterprise more profitable by utilizing the full suite of FAWS products, including the best crypto news aggregator, live crypto prices and trading volumes, and the FAWS crypto portfolio tool.

 

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Blockchain Platform XAYA To Introduce Ultimate Decentralized Gaming Experience

The global video game industry is one that has continued to push the boundaries of expansion, creating a $100 billion industry marked by top-notch technological breakthroughs and showing so signs of slowing down.

As gamers all over the world continue to enjoy new possibilities and experience new ways of gaming, blockchain gaming represents the next stage for the future, with the incredible potential to disrupt the industry across a global scale with the next generation of decentralized gaming that empowers gamers and developers at the heart of its ecosystem.

Blockchain gaming is XAYA

Among the forerunners to bring this reality closer to fruition is XAYA, the ultimate gaming platform formerly known as Chimaera. From the same people who developed and invented the first true blockchain game, the Huntercoin project in 2013, XAYA is the culmination of the brightest lights in the gaming and blockchain industry.

Powered by a custom blockchain tailored specifically for the demands of gaming, XAYA will enable cost-free and real time gameplay operated in a completely decentralized and trustless manner that will be able to scale infinitely as the need arises. Using XAYA, gamers will discover what it means to be truly empowered, with full and sole ownership of all their digital characters and assets.

XAYA is now live

With the mainnet ready and live, all gamers can access wallets, both for assets and integrated gaming – once registered, these can be used across all games integrated with XAYA.

The first game on XAYA is Treat Fighter, which will launch shortly on mainnet. Brought to gamers by TrickyFast Studios, Treat Fighter lets users pit their strategies against each other as they complete expeditions, hunt for resources, craft treats and go head to head against others to build their candy armies and dominate the competition.

Previous CHI purchases will not be available until the coin sale has concluded. However, all pre-sale contributors will receive a placeholder of 50 CHI so they can start registering their names and playing.

That’s not all. Users who sign up on the forums will receive free CHI to play, allowing everyone fair and equal access to gameplay and other interactions on the system.

Adding to that, the next game to be released on XAYA by the end of 2018 is Soccer Manager Crypto – tipped to be the most successful and popular blockchain game upon release with more than 50 million downloads and counting.

Developers! XAYA wants you!

With the XAYA Mainnet live, the project is now ready to take on external developer activity. XAYA’s simplicity means that no prior knowledge of Solidity or any other blockchain programming language is required. Simply use the XAYA platform to code in any language and discover how easy it can be for experienced and novice developers to publish their own creations alongside XAYA gaming studios.

The XAYA public token sale

Having successfully concluded private and public pre-sale rounds before the launch of mainnet, XAYA now plans to begin its general public sale on August 29th, 2018. The 6-week sale will offer up the biggest sum of CHI yet, hosted on Qryptos exchange.

To learn more, visit the XAYA website and join the public sale. Chat with the XAYA team on Telegram or connect with the community on Twitter and Facebook.

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Top Companies Are Already On Board For StatX Unique Mobile App For The Crypto And Blockchain Ecosystem

Numerous leading cryptocurrencies have chosen StatX’s new mobile app to share information and directly message contacts through the Crypto and Blockchain community. The app is currently available for free on the App store and Google Play.

StatX: Helping Users Stay Up-to-Date on Their Favorite Crypto

StatX is led by a team of various expertise. Based in Silicon Valley, USA, the executive team consists of technologists and innovators who are funded by top-tier Venture Capitalists. Their vision is to deliver a consistent high-quality service, building an engaging crypto community (critical to blockchain company brand perception and value), where users can interact with one another and stay up-to-date with the latest information.  

The new mobile-app is specifically designed for ICO Investors Relations Communication Managers, Crypto Data Aggregators and Exchanges, Ethereum Smart Contract Followers, Blockchain Creators, Crypto Fund Managers, and Developers. Currently, there are a number of leading cryptocurrencies on board with the unique mobile app – some of these include: Decred, Zcoin, Safe Haven, Chainium, Boosto, and BCT (Blockchain Terminal).

Noah Pierau, Community Builder at Decred, (a leading cryptocurrency with a focus on governance) stated the following about StatX;

“While there are many pure chat applications, StatX has the unique ability to combine technical indicators such as exchange rate and PoS info conveniently with chat functionality, all in one beautiful mobile app. StatX improves the signal to noise ratio in the blockchain community.”

Making an Information-centric Application

The team at StatX have expressed that the issue with current messaging apps, for example Telegram, is that they are ‘conversation-centric’, rather than, ‘information-centric’. Telegram is a widely known application – a sharing platform for messaging and information sharing for ICO/Token companies.

However, many users dislike it, and have been hoping for a new and improved app of its kind, this is where StatX kindly stands in. StatX want to take the opposite approach, providing users with special facilities for the sharing of persistent and dynamic data (which investors and followers are craving).

Some of the information users can expect to see often includes the latest updates on financial data and metrics – for example, market cap, price, token, distribution, social reach, and product roadmap milestones.

Users will never miss an update as the application features notifications that can be enabled so that users are alerted anytime a dashboard stat changes. Additionally, the messaging service promises to deliver a high-quality service at just one tap away. The dashboard addresses the majority of the communities FAQ’s and needs. Only value-add topics and questions are raised and users will no longer need to go on a hunt for admin posts to obtain the information desired.

StratX’s “Secret Sauce”

Prasad Raje, StatX co-founder and CEO offered these words on StatX and it’s growing network;

“Our secret sauce is the unique way StatX combines information and conversation to drive a higher quality and higher value user experience. It’s gratifying to see that our approach has been validated in the marketplace by a growing number of crypto industry innovators such as Boosto, Decred, Foleum, MediBloc, ZCoin and many others.”

There are no disadvantages to the unique mobile app. The high level security system is designed to minimize spam and scams. StatX does not publish an open API (unlike Telegram). Amongst this, Admins have the advantage to have a streamlined and automated process (for sharing information) via the dashboard. Furthermore, admins have the benefit of leverage tools, such as ‘quick reply’ which enables answers to be instantly replied for frequently asked questions.

Reuben Zap, COO of Zcoin, had this to say about the company’s partnership with StatX;

“Zcoin is happy to partner with StatX to deliver Zcoin price and blockchain metrics to our community via StatX. We want this to be a high quality information and conversation channel with all parties interested in Zcoin.”

Boosto CPO Rock Zhang stated;

“By presenting the metrics and company data that we want to share and driving the conversation around that, StatX provides an excellent tool for proactively building and controlling our brand online,”

With many leading cryptocurrencies already on board with the StatX app, the success rate is well and truly clear. StatX is available to download for free on the App Store and Google Play.

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AVINOC Announces Blockchain Development to Evolve the Global Aviation Business

Despite the advancements in aviation technology, the mechanisms underpinning Business Aviation (BizAv) hasn’t changed much since the 60s. Due to the constant moving parts that make up the BizAv sector, digitization and automation of operations have been excruciatingly slow. Flight coordination, customer and supply management are often executed across a myriad of incompatible systems with little or no way of harmonizing their operations, resulting in high costs for travelers and a large overhead of up to 35% for companies.

The current system in use by the industry, the Global Distribution System (GDS), allows airlines to offer air travel to passengers through travel agencies. This has not only resulted in monopolization of the market by a handful of players but also obfuscation and opacity of relationship with customers. Blockchain startup, AVINOC, has set out to resolve these problems and transform the industry.

Aviation Disruption

AVINOC is the groundbreaking developer of an innovative solution leveraging the disruptive potentials of the blockchain to connect airlines, air control, passengers, and travel agencies on a frictionless and decentralized exchange of values. Challenging the existing centralized system, AVINOC beings cutting-edge solutions to re-strengthen the airline market from the inside, enabling market players and stakeholders to directly communicate with each other and exchange values without the needless intermediaries clogging up the system

Developed in 2008 as an ERP cloud platform, AVINOC has been at the forefront of business process optimization for the BizAv market. The blockchain provides the company with a unique platform for travelers, airlines, and service agencies to directly engage each other on a decentralized and permissionless social network platform. From accounting to acquisitions, ticketing, and booking, AVINOC will; enable the the BizAv ecosystem to harness the power of homogenous, automated solution to reduce the cost for airlines, operators, and travelers.

The AVINOC Token

Powering every exchange and transaction on AVINOC is its enterprising utility token, AVINOC tokens. These ERC20 compatible tokens will be made globally available through a Token Generation Event and subsequent listing on exchanges for the settlement of services on the network including tickets, fuel, airport fees, air traffic control, maintenance, handling, and many more. AVINOC tokens are also required for writing data to the blockchain, ensuring the integrity of all recorded data. Vendors will also be able to integrate these tokens into their products and services for seamless and instantaneous transactions.

Ahead of its Token Generation Event, AVINOC has minted 1 billion tokens, 40% of which will be offered to the public at USD $0.05 per token.

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Deribit is Making Crypto-Backed USD Loans Accessible

Deribit, a cryptocurrency futures startup, which was established in June 2016, offers fiat loans based on cryptocurrency collateral in order to solve the problems of margin calls in the crypto-based lending market.

Deribit: Crypto-backed Loans Made Possible

The pioneers of the Deribit project include John Jansen, Marius Jansen, Sebastian Smyczynski, and Andrew Yanovsky, have worked very hard to see the Futures and Options platform expand into servicing the Lending industry. Their history so far had been about providing regular day-to-day trading advantages to traders. These included the BTC futures and option trading services, margin trading, advanced orders, real-time risk management and bitcoin price indexing.

Now, with the inclusion of a lending system on Deribit, the service platform will locate the niche of lenders and borrowers who have not been able to fully maximize the potential of the lending market, whilst also creating an opportunity for new market players to thrive well within the ecosystem of the lending market.

Cryptocurrency trading can be described as the heart of every decentralized project and blockchain enterprise as a whole. While many projects pride themselves in their ability to solve real-world problems using the blockchain technology, the first few days, months, and even years of the life of most cryptocurrencies are spent on an exchange. This is because the value of the volatility market presents numerous profit margin opportunities for these cryptographic digital assets.

Driving New Demand for Cryptocurrencies

Most crypto enthusiasts are bullish about the future of cryptocurrencies in the coming years and this will, in a way, drive demand for cryptocurrencies. Those who have observed the highlights of Bitcoin’s historic price dynamics, over time are afraid to miss out on the next big thing – the bull-run. Not just bitcoin fans, other altcoin investors are also plagued by the same quandary.

The downside is that for most investors and traders it’s a really big dilemma, as they are torn between the choice to liquidate a part of their crypto stash in order to maintain a living, or to keep their investment and trading activities alive in order to maintain an uptrend quality of their crypto portfolios. Apart from the fact that they want to stay in the game and leverage more trade opportunities and strategies to make more profits, they are also unrelenting to the tax collectors’ wishes.

No Longer Choose Between Profits and Making a Living

Many cryptocurrency exchange platforms have tried to solve this problem through the provision of crypto backed lending services. However, the major downturn of events begins when volatility kicks in, and a huge downtrend plagues the market. Apparently, this affects all players – as the security of the lending business is threatened. The lender is afraid that he might lose the value of the fiat or unable to compensate with the leveraged collateral. On the other hand, the borrower doesn’t want to lose huge collateral nor risk more.

These problems have caused a huge barrier to new market players. Even those in the lending business are doing so with one eye opened, hence, the need for an exchange platform such as Deribit.

Deribit introduced new features to their platform, with some interesting trade and leverage mechanisms to bolster the lending marketplace. Some of the features of this trading platform include the use of put options. This derivative ensures that the lender’s capital is always intact and that the borrower can always pay back the loan sum, when due. The put option enables borrowers to avert the margin call risks.

Deribit aims to maintain the accolade of being one of the most liquid crypto options exchange available out there. It is believed that taking out the margin risks will open up this market to a much more favorable lending ecosystem.

Find out more about Deribit here – http://www.deribit.com/

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A Revolutionary Multiple Cryptocurrency Hardware Wallet by OraSaifu Launching on the Global Market

Cryptocurrency usage is growing at an alarming rate with each crypto-asset having one form of a wallet or the other. Basically, the predominant wallet types include desktop, web wallets, hardware wallets, and paper wallets. Bitcoin Blockchain, which is the leading cryptocurrency by market cap has registered downloads of its Blockchain app numbering in tens of millions since its inception. With cutting-edge hardware wallets like OraSaifu, new standards have been set for security, flexibility, and portability of wallets servicing digital asset portfolios.

Ora Inc., established in 2013, is a technology-driven enterprise aiming to change the world of payment services by introducing its conceptual frameworks of cryptocurrency and fiat-based digital integrations. The development team have quite the pool of experiences that span different top technology giants to include Microsoft, IBM, Oracle, Nokia and Huawei, and have come together to create a disruptive tool using blockchain technology and incorporating other high-tech transfer/communication protocols.

OraSaifu has gotten angel support funds in millions of USD in its first-round offer and wants to carry out a second crowdfunding event to make its platform and product open to the larger community. Ongoing viable business partnership negotiations with top blockchain industries are currently being pursued.

All-in-One Digital Wallet

OraSaifu presents a revolutionary concept as a solution to storing all of one’s digital assets on a single digital hardware device and also an NFC payment wallet feature. It aims to provide as much security as the contemporary hardware wallets like those of Trezor and Ledger. However, it comes with even more enhanced security features, making it a choice option. More so, it also accommodates the traditional bank/payment cards and makes handling digital assets a lot easier and portable. It’s probably the first digital hardware concept that incorporates both fiat based digital currency and cryptocurrency management.

Cutting Edge Hardware Wallet

The uniqueness of this product is seen in how it has combined both Trusted Execution Environment (TEE) and SE technology in one single chip which is revolutionary as it ensures that security of digital assets within its wallet and when it’s being used for Near Field Communication (NFC) payments.

The product has other features that stand it out among similar technologies, especially when compared to the number of currency it can hold. OraSaifu challenges other technologies by accommodating over 20 kinds of popular cryptocurrencies with the ability to maintain sending and receiving transactions and also managing multiple addresses.

OraSaifu also has a cold wallet which enables both offline and online transaction processes achievable. Using embedded NFC and Offline QR code reading technologies, it is able to process offline transactions without immediate dependence on online connections. Another fascinating aspect of this technology is its unlimited storage, which beats a number of other similar technologies with limited storage and limiting currency use.

The security feature is one of the most sought-after criteria in any cryptocurrency platform, product or concept. OraSaifu uses offline mechanisms combined with multiple authentications and verification systems to secure cryptocurrencies stored within its wallet. With vulnerability issues prone to a number of online based wallets and a few hardware wallets, OraSaifu ensures that no form of data exchange or transfer occurs between the USB port and that of the connected device, thereby keeping private keys secure and tamper-proof. However, the maximum security is ultimate still dependent on the user.

Obviously, by using top cryptocurrencies, OraSaifu is paving a way for a more acceptable ideology of cryptocurrency as value prospects in terms of payment processes. OraSaifu will make it easy to send and receive money both in online and physical stores through its all-in-one hardware wallet.

Classy, Professional, Artistic Design and Features

The first impression upon sight is a fancy-like and sleekly designed hand-held device, it’s hard not to feel impressed. The artistic design complements its high-end software features, making it a product for this age. Other physical attractions include its feather-like weight, its size is almost like that of a bank card, with a 4-inch screen display and an 83.37% screen to body ratio and could be seen as a classy competitor to the latest iPhone. The device also has voice recognition software inbuilt in it and makes accessibility a lot more user-friendly.

Not just cryptocurrencies, Imagine having many access cards and the trouble of having to carry every one of them each time one needs to access multiple facilities. Ora wallet can store other kinds of digital identity cards such as membership cards, business cards, and many more modern age digital access cards; as long as they are NFC enable OraSaifu can do the job through a simple to use – scan, copy and store. Ora wallet makes all that worry go away.

Indeed, the OraSaifu hardware wallet is truly revolutionary and would give the jaw-dropping experience to digital currency enthusiasts. As cryptocurrencies continue to make impactful waves both in the digital world and in the real-world, hardware wallets are bound to become the trending event. OraSaifu has carved a niche ahead, giving it a headstart in preparation for a world waiting to receive cryptocurrency in a grand style.

Early Bird Sale

OraSaifu is offering an entry opportunity for early adopters on July 19th, 2018 which will be launched globally on the Indiegogo platform. Registrations are currently open on their website.

Visit the Website: https://orasaifu.io/

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Why a Maltese Former Minister is Backing the QuickX Token Sale

Cryptocurrency as an anti-establishment reaction

The introduction of cryptocurrency can be traced to a period just after the world saw the crippling effects of a global economic crisis, with multiple countries across the world facing recession and economic contraction, destabilizing economies, causing unemployment and widespread strife.

Many suggest that Bitcoin’s birth was directly related to this, with the cryptic bail-out reference in its genesis block provided a point of reference. In the writings of Bitcoin’s creator(s), cryptocurrency was an answer to the failings of traditional finance and money, with the alternative being a decentralized currency outside of state or central entity control.

Perhaps due to this subtle uprising against establishment, most governments initially took a cautious view of Bitcoin and other currencies inspired by it. More recently, the massive amounts of funding drawn into coin offerings and token sales have ensured that regulatory interests followed.

But the tide is turning, at least in progressive nations such as Malta, where crypto-friendly laws are being drawn up to foster and promote blockchain and cryptocurrency growth.

Recognizing cryptocurrency’s truly disruptive potential

John Dalli, former cabinet and finance minister of Malta, is one such prominent figure in the small nation who believes in the potential for cryptocurrency to be the dominant future of digital money.

His backing of the QuickX project emphasizes the inclusive nature of cryptocurrency, along with several improvements upon efficiencies promised by its underlying technology, ready for real world implementation.

Dalli sees the ability of QuickX to deliver on its promises, with a well-thought out token model that will be implemented by a fully capable development team, aided by advisors well positioned to advocate to regulators and industry leaders.

Speed: QuickX, as the name suggests, is all about speed. Compared to typical blockchain purchases that require between 3 to 6 confirmations, QuickX protocol uses pooling facilitators to provide liquidity in off-chain transactions, greatly improving speed of settlement, without compromising transparency and decentralization.

Cost: Cryptocurrency’s potential to be a global currency means doing away with exchange rates, yet suffered from high transaction costs during peak network usage, even for small amounts. QuickX aims for near-zero transaction costs at scale across blockchains.

Scalability: QuickX’s low friction protocol allows for higher frequencies of transactions, allowing the network to handle demand as it grows.

Cross-chain interoperability: Users today go through hoops to convert multiple cryptocurrencies but QuickX aims to provide single-click swaps on a high liquidity platform, resulting in the most competitive rates for crypto exchanges.

QuickX is better equipped

While there are several platforms proposing to bring about the same efficiencies of speed, cost, cross-chain swapping and scaling, QuickX’s development team has the necessary expertise and commitment required for such ambitions.

Led by the Adhlakha brothers, who boast cyber security experience with the likes of Vodafone and Comviva, the publicly verifiable team has a suitable mix of blockchain tech experts and business leaders.

They benefit from an advisory team that includes Dalli, Coinomi CEO George KimionisHuawai Technologies CTO Jorge Sebastiao, PayX CEO Sang Jae Seo, GigaMedia President Steve Tsao and more.

To learn more about QuickX and its token sale, visit the website and read the whitepaper. For more insight, read the QuickX blog and Medium postings.

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