Take a sneak peak at v1.0.0 of Upfiring’s dApp

Upfiring’s is a blockchain firm were keeping a close eye on here at CoinSpectator, the team recently showcased a demo of the dApp for its upcoming v1.0.0 release.

The firm is looking to revolutionise the P2P file-sharing sector by utilising the Ethereum blockchain.

Take a look at Upfiring’s v1.0.0 demo below:

 

Launch of CEDEX – Blockchain Diamond Exchange going live in Beta mode

TechFinancials a listed fintech software provider of financial solutions including blockchain-based digital assets and traditional financial trading solutions for retail clients, is pleased to announce that the CEDEX blockchain diamond exchange, CEDEX, has gone live in Beta mode, allowing investors to trade diamonds as a financial asset class. TechFinancials has a 2 percent interest and an option to acquire a further 90 per cent of Cedex Holdings Ltd, the holding company for the CEDEX blockchain-based online exchange for diamonds which would give TechFinancials up to 92 % of CEDEX or 87.4 % on a fully diluted basis.

TechFinancials has played a major role in the launch of CEDEX as the main provider of the infrastructure, blockchain and smart contract development on which the CEDEX platform is built.

 

CEDEX allows investors to securely and easily trade in digitized diamonds (DDC – Digital Diamond Certificate), while enabling diamond holders to liquidate their assets. Using the innovative DEX proprietary algorithm and blockchain technology, CEDEX has overcome the three main obstacles that have prevented diamonds from becoming a tradable asset class: lack of transparency, liquidity and standardization.

In order to overcome these obstacles, CEDEX has focused on the following activities over the past six months:

  • Developing the proprietary DEX algorithm and building the diamond commodity exchange in conjunction with TechFinancials;
  • Establishing business relations with diamond dealers in order for them to supply the initial diamond inventory on the CEDEX platform, which will comprise over 2000 diamonds in specific categories, at the time of the launch;
  • Constructing the complex logistic business solution to support the product launch, including setting up business relations with custodians, GIA (Gemological Institute of America) and shipping partners;
  • Obtaining the legal approvals to offer the phase one product worldwide.

Asaf Lahav, Chief Executive Officer of TechFinancials commented: “We are delighted to have played a pivotal part in the launch of the first blockchain-based diamond exchange in the world. This milestone achievement is testament to the innovative capabilities of both CEDEX and TechFinancials to build a new, ground breaking platform and we look forward to updating the market on its progress in due course.”

Saar Levi, Chief Executive Officer of CEDEX stated: “This is a major step forward in our exciting journey to transform diamonds into an asset class. At CEDEX, we are commited to realizing our long term vision in which both institutional and individual investors will be able to trade diamonds as one of the leading commodities.”

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

Discover how the cream of Europe’s blockchain investors are forging the future in London this month.

Fancy seeing how the top brass in blockchain are laying the foundations for a mind-boggling future we’ll all reap the benefits from? If you can get yourself to London on November 21st, you’ll see it all up close and personal.

Event hosting masters Webrazzi are laying down the gauntlet for the rest of the crypto world to follow, with its Blockchain Venture Summit gracing London with its presence at the central 8 Northumberland venue.

With an intimate and exclusive allocation of just 500 tickets, the summit has already nearly sold out, even though the agenda has just been announced. The word ‘hotcakes’ comes to mind.

Attendees can expect to witness great things as the keynotes, panels and discussions will be delivered from a cluster of those at the very top of the blockchain game, from crypto investors, to venture capitalists, and hedge fund managers to trail-blaising entrepreneurs: it’s an all-star line up that doesn’t pull any punches.

Discussions and speeches will be across a multitude of hot topics, from Equity vs Token investments, unlocking institutional money, blockchain investing, mining, the future of crypto venture capital, corporate ventures, what’s in store for ICOs, security tokens and much more.

Many of the big-hitting blockchain speakers come from an array of heavyweight influential companies in the scene, with the likes of Consensys, StakeZero Ventures, Cambrial, Kryptonite1, Outlier Ventures and more stepping up to deliver the goods.

For those desperate to get tickets, luckily there are still a few ‘hotcakes’ for folks who act fast to get their hands on. And how’s this for an extra bonus, use the promo code “BVSLDN18” and you’ll receive a discount on the ticket price… if you’re quick off the draw.

Register to check the agenda, VIP line-up and all other details over at https://blockchainventuresummit.com

AI in Finance: From Science Fiction to Modern Financial Solutions

The term “Artificial Intelligence” was coined by American cognitive scientist John McCarthy back in 1955, initiating the whole discussion on simulated cognitive processes in machines. After the Dartmouth conference of 1956, AI became a legitimate new field of knowledge, sparking interest of intellectuals all over the world – it quickly gained its advocates (scientists John McCarty, Marvin Minsky, Allen Newell among others) and naysayers (philosopher John Searle and his famous “Chinese Room” thought experiment). Yet outside of these learned circles, the general public for years to come associated AI more with science fiction than actual science – and movies like Stanley Kubrick’s “2001: Space Odyssey”, with its inscrutable and menacing AI antagonist HAL9000 helped cement this notion.

Things are very different today when AI has finally become part of our everyday lives. Predicting its future applications is now an almost mundane process. Artificial Intelligence is poised to excel in fields dealing with excessive amounts of data and a need for identifying patterns in data flows (curiously enough, ability to identify patterns is the key metric in IQ – our measurement system for human intellect). This is the reason why AI is already widely used in finance and why its role in this sector will continue to grow. AI applications in modern finance could be divided into the following categories:

Customer Service. Millennial customers value direct communication and quick replies. Small companies and startups like Zichain have been able to provide this through extensive social media presence, but large multinationals with outsourced call centers have been struggling to provide an adequate solution. Enter chat bots – an AI-based solution that has taken the banking industry by storm – and long telephone calls to ask a simple question are already a thing of the past. We believe this trend will continue as advances in AI and machine learning will allow chat bots to answer ever more complicated queries, potentially making the idea of a call center redundant in the course of the next decade.

Market Analysis Tools. AI technology and machine learning can also be used to scan data flows in real time, quickly analyse a huge amount of data and then filter it  according to a complex set of criteria. As futuristic as it sounds, this technology is already integrated into our analytical platform – CryptoEYE. It is designed to be your primary source of information about cryptocurrency markets: online price quotations for 1200+ digital assets, graphs for proprietary Zichain indices, a comprehensive CryptoWiki database of coins and tokens with all the essential metrics and a customizable news feed. This last module utilizes our groundbreaking AI and Big Data technology to scan the web for information and present it to you in the form of a news feed that is tailored for your needs and interests and prioritizes news pertinent to your investment portfolio and trading strategy.This way you are never going to miss an important event or market signal.

Financial Advisory. Artificial intelligence is capable of using a bunch of parameters (your investment goals, risk appetite, existing portfolio, etc.) to provide you with ideas for potential investments that you may want to consider. The service of a financial advisor that used to be available only to the rich clients of Wealth Management offices would now be offered to all market participants.

Asset Management. The asset management industry is poised to gain the most from current technological advances, as a number of its internal processes can be optimized with AI and blockchain technology – for example, portfolio rebalancing and risk management. This was the reasoning behind BAMP – Zichain’s innovative Blockchain Asset Management Platform. Funds using our turnkey solution will be able to spend less time on back office routine, instead allocating resources for development of trading strategy and portfolio management.

Javvy Is Hitting The Headlines

With their pre sale ICO stage just moments away, Javvy is once again hitting all the right notes with a blitz of recent media coverage.

Earlier this week, World Business’s Kathy Ireland talked all things Javvy with CEO Brandon Elliot in a 4 minute teaser video release. Kathy described Javvy’s minimum viable product as ‘a true fintech disruptor’ while Brandon explained how his team have created an all-in-one intuitive & cohesive package that includes Know Your Customer on-boarding, a crypto exchange, and wallet; all in one application. The full interview will be released sometime during Javvy’s ICO pre sale which starts November 1st.

The Texan based “Technology Headlines” knowledge platform was also quick to pick up on the progress of Javvy. Their article listed Javvy under “10 Fastest Growing Blockchain Technology Solution Providers To Watch in 2018”. The article highlighted the need for more simplicity and cohesion in a somewhat complex crypto world, one which has certainly captured the interest of investors and decision makers recently.

Javvy has also started to gain notoriety among crypto enthusiasts. Crypto Bloggers and notable YouTuber’s have been sharing their thoughts on the project. One such video with Brandon Elliot (CEO) is highlighted at the end of this post.

To watch Brandon’s interview with Kathy Ireland, read the Technology Headlines article, or watch Crypto Rich interview Brandon, just click the links below:

World Business Interview Teaser With Kathy Ireland (Full interview coming soon!)

Technology Headlines Article

Crypto Rich/Brandon Elliot Interview

How one company is giving power to the people to help limit climate change before it’s too late.

With climate change and various environmental factors threatening our way of life and those of our children, there’s been a huge increase in recent years of people striving to live a green, clean life that minimises any adverse impact they have on the world. There are many different ways people are able to change their lifestyles. Limiting energy consumption and recycling and two easy and quantifiable ways to help the environment, but the tricky aspect of lowering one’s carbon footprint has been a much more difficult beast to tackle in any measurable terms, until now.

Ecoingot, a group of environmental tech experts, are busy creating a platform which helps eco-conscious individuals gather and assess their carbon impact data across everything from their everyday purchases to activities and lifestyle choices. And they’re doing it on the blockchain.

 Ecoingot,

Their solution, titled the Internet of Carbon, is said to use cutting-edge technological methods to gather the data and process it in a way that makes it easy to access by everyone with the aid of an app. This is all made transparent and secure by building the platform on the blockchain, so every piece of data is accounted for and can be tracked. It aims to provide carbon usage data on everything from a cup of coffee to taxi rides, to Amazon deliveries or doing your laundry.

Ecoingot’s platform could not be coming at a better or more urgent time, since the IPCC have reported that a global temperature rise of 1.5 degrees will have truly catastrophic consequences for mankind, that monumental changes are needed in the world to ensure this doesn’t happen, and that time is drastically running out before it’s too late to implement these changes. The world needs everyone to club together and help make the changes needed.

And currently, it is not happening fast enough, especially when it comes to industry level changes, which take years to implement due to the arduous processes they need to go through, and the many people deliberately trying to put roadblocks in the way so they can hang onto their profits at all costs. This is why Ecoingot is doing its best to put pressure on big-wig industries and retailers. But as they know they have a long battle ahead of them, they’re currently focussing their attention on those they can rely on to help: the public.

Ecoingot uses three main approaches in its mission to reduce carbon footprints: education, reduction and offsetting. Not only will their app tell its user about the different carbon impacts their choices have on the environment, it will give them an easy opportunity to redress any carbon-heavy lifestyle choices by providing alternatives.

 Ecoingot,

The team are currently developing a data engine, ECOSISTM, using a carbon impact calculation model created by climate change expert Professor Mike Berner-Lees and his team. As no such data is currently available for consumers to assess what their personal carbon footprints is, this looks to be the first of its kind. With a variety of big data already available about large parts of our lives, such as fitness trackers and sleep monitors, having access to data that can potentially save the world should be at the top of the list of things we require.

Their EGT token is launching at the Malta Blockchain Summit, while their app is due to launch in April 2019, coinciding with Earth Day, which focuses attention on environmental factors threatening the planet. If it’s a success, there’s a chance it could make a real difference to one of the biggest issues facing humankind.

Canadian Court Ruling Epitomizes the Issues Facing Real Estate Data Sharing

Earlier in May of this year, a monumental case regarding real estate data was brought forward to the Canadian Supreme Court. Prior to the ruling, websites were restricted from listing detailed information on data pertinent to real estate sales. Although this data if often available in other jurisdictions such as the United States, Canadian firms operating within the industry were unable to access it.

The Supreme Court of Canada ruled that real estate platforms can now list more detailed information on home listings. The court battle, which dates as far back as 2011, involved the Toronto Real Estate Board (TREB), who claimed that by publishing data linked to real estate selling prices, home owner privacy was being violated.

Commenting to the Financial Post, Daniel Steinfeld, a Toronto based realtor, explained that the real estate industry has been in a state of stagnation for some years now regarding access to data. Steinfeld noted that the court ruling has cleared the way for those operating in the industry to obtain important data and bring innovation to the industry.

In fact, following the ruling a real estate agency based in Toronto called Zoocasa experienced an increase of 3,000% in traffic.

Just three years prior, Zoocasa were ordered to stop posting information showcasing recently sold properties alongside their respective value. Failure to adhere to these demands would have resulted in them losing access to the Multiple Listings Service which is crucial for Canadian based real estate agencies.

Nevertheless, although the ruling is a step in the right direction, real estate data is still extremely difficult to come by. Moreover, even when data is available, there are no mechanisms in place ensuring the validity, relevance and accuracy of the data.

For example, in Spain, accessing real estate data on the prices of properties sold is virtually an impossible task. Although the Spanish land registry does in fact collect this information, they do not allow stakeholders to access it. Even if one were to obtain a Nota Simple – which is a paid-for document outlining a range of data linked to a specific property, it does not detail previous sale prices.

Can Blockchain Technology Solve the Reluctance to Share Data?

In the real estate industry there is an underlying issue of data hoarding. Essentially, private sector organizations that receive useful real estate data are reluctant to share it with their industry counterparts, preferring to keep it close to their chest.  The industry is also fragmented, with no single platform on which to search for, purchase and sell data and very little means to verify existing data already available. This is where blockchain project ReBloc is stepping in.

ReBloc are in the process of developing a decentralized marketplace on which real estate data can be shared. Vendors who share data are compensated with tokens which they can then trade for more data, or convert into another form of currency.  If one realtor wants to find out how much a particular property sold for, they can formulate a request on the platform.

The data which is held by another user can be autonomously exchanged in a direct peer-to-peer way, via a smart contract. Before the data is released to the user it needs to be verified by the platform’s validation protocol. Once it has been approved, it’s released by the smart contract, which then automatically sends payment to the data owner. This way buyers receive accurate data and vendors feel secure sending it.

By using the Enigma’s secret contracts protocol, sensitive data is encrypted and all inputs and outputs are hidden. As a result, data sharing through the ReBloc platform is kept confidential which is why organizations that have previously shown reluctance to share real estate data are hopping onboard.

Ultimately, the change in the way data can be accessed, evaluated and shared will have a positive and significant impact on the way real-world real estate decisions are made and the ease with which real estate information can be accessed. 

  

KuCoin Blockchain Asset Exchange Announces Decred DCR As Part Of Their Network

Today, KuCoin blockchain asset exchange is thrilled to announce on its latest listing of another promising project Decred, an autonomous digital currency.

Decred’s native token DCR is now available for deposit with trading pairs including DCR/BTC and DCR/ETH. Buying commence at 19:30 UTC+8 while Selling/Withdrawal at 20:00 UTC+8.

All trading activities are done utilizing their Android and iOS apps, or through their official site, www.kucoin.com.

decred kucoin

About Decred (DCR)

Decred (DCR) is an autonomous digital token where its stakeholders are part of the decision-making as it has a decentralized and sustainable highlight giving the term as “a self-ruling token.” This cryptocurrency has organized its priorities as having decentralized administration and the creation of settlements on the blockchain.

How Decred (DCR) Run

Decred uses an advance hybrid Proof-of-Work and Proof-of-Stake to validate the blocks accessible. Therefore, the stakeholders or the token holders are contributing the approvals to the coin miners buliding the blocks for rewards. It is a unique system as it ensures that the miners are not there just for the short term profits on their investment on their hardware.

The Core Team

Decred had a humble beginning as it started as a projection established in April 2013 by Adam Mckenzie. The present project leader and CEO of Company Jake Yacom-Piah accumulated, developed and launched Decred in March 2014.

Over the past years, it has collaborated with many other members into its team with the lead developer Dave Collins. The team focuses and fully involves in developing Decred be the first ever Decentralized Autonomous Entity.

Blockbank Announces Key Banking Partner during ICO

Spire Bank, will be instrumental in facilitating a wide variety of international Crypto banking activity in association with Blockbank

Blockbank has purchased a stake in Spire bank & declared a strategic FinTech partnership, as a means to provide an international Crypto banking services. One of the leading commercial banks in Kenya, Spire Bank, will be instrumental in facilitating a wide variety of international Crytpto banking activity in association with Blockbank — to present the world’s first fully licensed crypto bank with low-cost funding availability.

Yusuf Sozi (L) and Adam Cuffe (R) (1)

Spire Bank, Headquartered in Nairobi top commercial banking entity, fully licensed by the Central Bank of Kenya is valued at having total asset worth of around 180million USD. Originally established as a finance company in 1983 and later commencing operations as a fully-fledged commercial bank, Spire Bank brings a wealth of FinTech knowledge and experience to the table to assist Blockbank in their endeavour. With 350,000 existing customers and a firmly-established high quality reputation, the prestigious Kenyan bank provides a solid foundation for Blockbank’s first step into supplying secured and affordable financing options for emerging economies.

This ground breaking partnership will initiate integration of commercial banking services into crypto entities, businesses, and governments globally – creating dynamic access to more affordable funding opportunities to accelerate economic growth.

The strategic FinTech partnership with Spire Bank will see the incubation of a DDMS smart contract blockchain system – the backbone of Blockbank’s platform – enabling Blockbank to provide lower cost funding solutions via Spire Banks’ infrastructure. With the capacity to provide a plethora of international banking services, Spire Bank is predicted to be a real asset to the Blockbank assembly, driving the expansion of global banking capabilities for both parties.

The collaboration of these two organizations will be a major breakthrough in fostering the development of low-cost funding options for governments and commercial entities worldwide – particularly in developing economies without current access to these services. In many developing countries, borrowing is still very expensive; with rates sometimes hitting 20%. In some countries borrowing is so expensive, the borrower has to pay enough money to pay the whole loan in 5 years just in interest payments.

Block Bank’s ICO is currently in the ICO stage, which lasts until 28th October. Token value will be driven by the demand of loans they process: The project will distribute issued tokens in the following way,

28,800,000 tokens dedicated towards the ICO sale (72% of the total tokens);
8,000,000 tokens dedicated towards the treasury (20% of the total tokens);
2,000,000 tokens distributed amongst advisors (5% of the total tokens);
1,200,000 tokens will be a bounty reward (3% of the total tokens);

A staggering $12,830,000 worth of their BBRT tokens has already been sold during the pre-ICO phase.

Tokens available on the Block bank website: https://TheBlock-Bank.com/

One Million gamers set to embrace PlayChip’s new blockchain token

PlayUp, the Australian-based gaming firm behind one of the most promising token sales this year has already clocked over one million users across its ecosystem before the forecasted date.

The platforms universal gaming token, PlayChip will revolutionise the online gaming industry when integrated into its seven platforms which are already fully licensed with a growing user-base.

When the blockchain platform launches on the 19th of December 2018 the user-base will be able to participate in the seven different gaming platforms whether they are looking to take part in sport betting, casino games, fantasy sports or eSports, it will all be streamlined with the PlayChip token.

playchipPlayChip’s ecosystem has gained traction in the USA, UK, Australia and India with a presence in 70 countries around the world.

The initial coin offering has bucked the current trend of projects launching with merely nothing more than a website, PlayChip have done this with what’s called a ‘reverse-ICO” whereby the current ecosystem is tokenized and integrated into a fully operating business with a user-base and revenue.

playchip

“PlayChip is truly a unique token offering because while others write white papers about potential audiences and hypothetical use cases, PlayChip is well positioned with a very active global audience on multiple platforms that are already part of the PlayChip family,” Luke Lombe, Head of Blockchain with PlayChip said.

“The team at PlayChip are thrilled about hitting the million-user mark earlier than expected, and we look forward to continued strong growth. We are in the middle of our pre-sale and very much focussed on delivering a quality product that surpasses the expectations of our loyal following.”

The seven gaming platforms in the PlayChip ecosystem include PlayUp, DraftStars, Betting.Club, ClassicBet, TopBetta, MadBookie, and 123Bet. All players will be able to seamlessly move between platforms via the integrated PlayWallet and instantly cash out via the PlayXchange. In FY2018, these platforms are on track to exceed a turnover of US$430 million.

For more information, please visit: https://www.playchip.global/ or read the PlayChip Whitepaper: https://www.playchip.global/wp-content/uploads/2018/08/PlayChip-Technical-Whitepaper.pdf