2018 - Page 15 of 29 - CoinSpectator Blog

ENDO PROTOCOL REIMAGINES CERTIFIED DATA VERIFICATION IN ANNOUNCEMENT OF RAPID DEVELOPMENT SHIFT – ENDO

SINGAPORE, MAY 17, 2018 – ENDO Protocol, the increasingly renowned decentralized certified data verification solution, has today announced the platform’s technical readiness to fully integrate internationally recognized Know Your Customer (KYC) and Anti-Money Laundering (AML) policy services, as well as entire information databases of universities and archives worldwide. Interoperability of the ENDO Protocol and such services and institutions promises to change the certified data verification industry.

Today, businesses, government and educational institutions, as well as individuals are being increasingly challenged by certified data verification issues. These include matters not only related to hacking and data loss risks, but also due to the fact that data is not protected against information substitution, deletion and modification without encryption and decentralized storage.

Moreover, increasing problems are connected to the matter that verification processes differ in scope and type of data, as each agency, state government or institution have their own mechanisms for verifying information, different deadlines, and different methods for filing and filling documents (which also leads to unnecessary costs, including the certification of translations). Even if data is confirmed and easily verified, the information itself is transmitted throughout completely different channels and is collected from different sources, which is time- and, frequently, money-consuming. When data is not standardized, its further usage becomes more complicated.

ENDO Protocol solves certified information tracking and encrypted data storage issues and aims to create a single secure environment for various kinds of important data. All personal, corporate and publicly available information about education, identity, medical records and the like can be controlled through the ENDO Platform, at the same time guaranteeing the privacy of personal data, by providing protected access to stored information to third parties of one’s choice.

The Alpha version of the first ENDO-based application has already been launched and successfully operates with some of Europe’s largest coaching, shipping companies, and universities. Basic functions that are available to clients include the creation and publication of documents in trial networks, cancellation procedures, distributed document confirmation, upload and allocation, as well as an open Application Programming Interface (API) and the industry-standard protocol for authorization OAuth to ensure an easy and secure way to publish and interact with secured data, and its integration with institutions.

ENDO Protocol is a one-of-a-kind, certified data verification solution. It is also a decentralized, open-source platform that solves certified information tracking and encrypted data storage issues. ENDO Protocol ensures a secure environment for personal, corporate and publicly available information about education, identity, medical records and the like, and can be controlled through the ENDO Platform, at the same time guaranteeing the privacy of personal data, providing protected access to stored information to third parties.

For more information about interoperability and integration of your service with the ENDO Protocol, please contact Vladislav Utushkin (Advisor) via [email protected].

GANA Technologies Completes a Successful Private Token Sale, Prepares to Start Public Sale on May 21

Green and Nature Association (GANA) Technologies, provides AI and blockchain technology based solutions to the cannabis industry. GANA is all set to start the public sale after a 100% successful private sale of 10K ETH. GANA’s vision is to become the biggest data holder in the cannabis industry. Accordingly, consult new and existing cannabis businesses and provide more healthier and efficient service to cannabis users.

May 16, 2018

Following the end of a successful private token sale, Green and Nature Association (GANA) Technology is delighted to announce the official start of the public sale of GANA token on May 21. This blockchain start-up promises to be a gamechanger in the cannabis sector by providing blockchain and AI technologies solutions to individuals and research institutes through an ecosystem that collects and shares key industry data. A total supply of 2,400,000,000 GANA tokens will be up for sale during the first public sale to be conducted by GANA Technologies.

Over the last few years, the field of AI has progressed in leaps and bounds in almost all industries. However, when it comes to decision making, there has always been a constant debate over the ethical responsibilities of AI. In case of the medical industry including that of Cannabis, a thorough management of such AI’s must be undertaken.

The GANA ecosystem looks to solve the inadequacies of the current cannabis industry by collecting data from the users, retailers, researchers, and other data sources and providing target-based content provision. Utilizing the groundbreaking blockchain technology, GANA ensures transparent data management for providing valuable information to both the consumers and companies. By offering quality authentication system and business intelligence platform, they want to provide an artificial intelligence based personal assistance service to cannabis users. The ultimate goal for GANA is to become the largest data holder in the global cannabis industry.

Some of the key benefits of the new concept created by GANA Technologies are

Product quality authentication system: A blockchain based authentication system that tracks seed-to-sale process using QR code.
Artificial intelligence based image recognition: GANA is currently working on developing a function of mobile application that can scan a bud and calculate the possibilities of containing substances using artificial intelligence based image recognition technology.
Collecting consumer data: GANA aims on collecting consumer data to carry out consumer analytics just like Amazon, Facebook and YouTube. By analyzing data generated by the users, they are looking to provide more optimized recommendations.
Personal assistant service: This feature will be particularly useful for the new cannabis users that do not know which type to consume in a given situation and purpose.
Business intelligence platform: Cannabis companies often have customer data that can be used for understanding them better and creating better services or products, but lack the knowledge to deal with those data. GANA aspires to become their consultants by sharing the data and artificial intelligence based analysis tools to provide insights for their business.
Payment system: Users can use GANA payment to purchase products, services and digital contents using GANA tokens.

“GANA Technologies provides blockchain and AI technologies solutions which are required by individuals and research institutes through establishing an ecosystem that collects and shares cannabis industry data with lagged technology,” says Gapseong Noh, the CEO and Founder of GANA Technologies.

The upcoming public sale of GANA tokens will take place over four different rounds.
Mentioned below are some key points related to this taken sale.

Total token amount: 2,400,000,000 GANA
Token rate: 1 ETH= 20,000 GANA
Bonus rate: 1ETH = 20,000 + 0 ~ 2,000 GANA (+ 0 ~ 10% bonus)
Hard cap = 60,000 ETH
Coin allocation: GANA sale 50%, reserve pool 15%, team 15%, advisors and partners 10%, and company 10%.

To find out more about Green and Nature Association (GANA) Technologies, please visit https://ganacoin.io/ico

About GANA Technologies: GANA Technologies provides optimized blockchain and AI technologies based solutions to individuals and research institutes by establishing an ecosystem which collects and shares data from the cannabis industry. The data learned by their AI model is based on data collected by the users themselves. This makes the users themselves part of the indirect developers of such models since GANA provides full authorities to the type and range of their data for learning. GANA aims on providing transparent management of development process to establish trust with users.

Contact: Ellie

Website: https://ganacoin.io/ico

Email: [email protected]

Reshaping Shopping with Blockchain and AI — OSA DC Launches Token Sale

After generating more than $1 million in revenue through its platform ALREADY used by 20 retailers, OSA DC plans to scale its model of blockchain transparency and AI efficiency to thousands of supermarkets and retail stores worldwide. While saving retailers billions, the company’s platform will empower shoppers with real-time competitive pricing, product details, and peer reviews on every product they buy before making a purchase.

New York, N.Y, May 15, 2018 – OSA Decentralized (OSA DC), a team of experts in artificial intelligence, blockchain technology and the retail industry, has launched a token sale. The company’s goal is to use capital raised in the sale to scale their AI-powered blockchain platform and provide the entire retail industry with a much-needed digital overhaul.

Due to antiquated, analog-based systems still used in product ordering, shipping, and inventory management, retailers lose more than $400 billion each year. This also causes overstocking or under stocking, as many stores fail in their efforts to manage inventory based on customer demand. Supermarkets and grocery store chains lose an additional $100 billion annually when high volumes of unsold perishable foods pass their expiration dates and are discarded.

OSA DC’s data and retail experts are dedicated to bringing order to the industry’s chaos by leveraging their AI, blockchain and smart contract technology. This will ensure that every bit of data generated by manufacturers, farmers, shipping companies, or grocery stores on a retailer’s supply chain is tracked by everyone else. Because of the transparent and incorruptible technical characteristics of a distributed ledger system that defines blockchain technology, OSA is confident there will be greater trust between retailers and their partners and product waste will be eliminated.

“There’s a massive shift underway in retail right now. Supermarket chains in every country are trashing their antiquated, untrainable retail management software programs and replacing them with trainable, cloud-based algorithms and in-store robots enhanced with artificial intelligence,” said Alex Isaev, CEO of OSA DC. In fact, according to an economic forecast published by the International Data Corporation (IDC), retailers worldwide are spending $3.4 billion — this year alone — on a range of AI systems, including robotic shopping assistants and omnichannel operations. “With so many retailers rushing to integrate AI, the first company to create a blockchain-based platform to accelerate that growth has a huge opportunity to dominate the market. We are that company.”

2,285,714,285 OSA tokens have been issued with 45% of tokens (1,028,571,428) available for purchase during the sale (1 OSA token = 0.0002 ETH). The company anticipates it will raise up to $40 million in the offering, with 39% of the funds to be used for Product Catalogue and Image Recognition Development, 21% to be invested in Core Product Development, 18% to be invested in R&D, and 17% to support Business Development. OSA DC’s goal is to use capital raised in the sale to enrich the existing solution with image recognition model and comprehensive product master data catalogue, mount it on AI-powered decentralized blockchain platform and scale it starting with the biggest markets – USA, China, Japan and South Korea and eventually worldwide.

Consumers will be able to use OSA Tokens to pay for B2C services, receive exclusive promotional offers and, of course, purchase groceries at major supermarket chains in Europe, North America and the Asia-Pacific region. Managers at partnering supermarkets agree with OSA’s founding team of data scientists that cryptocurrencies, including OSA tokens, will be a standard, widely-accepted form of currency at grocery stores and retailers worldwide. Currently in the U.S., 13 national retailers now have payment options for cryptocurrencies.

Since it was founded in 2015, OSA DC has generated more than $1 million in revenue by partnering with 20 retailers. The company provides services to major international brands including Coca-Cola, Mars, L’Oreal, Nestle, and Metro Cash & Carry.

For both retailers and brands, the company deployed the OSA Hybrid Platform, an AI-powered, Big Data platform that autonomously manages a store’s inventory, drastically reducing the frequency of out-of-stock items and improving revenues by an average of 5.4 . After 3 years of R&D and testing the platform through its partnership with Efficient Consumer Response (ECR), an organization representing more than 70 of Europe’s leading manufacturers and retailers, OSA DC’s founders are ready to deliver their platform and proven solutions to retailers and supermarket chains worldwide.

“In my 50 years in the industry, I’ve developed and executed many systemic changes in retail operations”, said Don Swann, former Walmart executive and currently the President and CEO of Cygnus Familia. “Of all the changes I’ve made to make my stores more efficient, none have had the full potential and customer trust that I’ve seen with the OSA Hybrid Platform. This is truly a game changer!”

Blockchain records, stores, and tracks complex digital transactions and detailed product data and then makes the data accessible to everyone on a retailer’s supply chain. Due to these functions, blockchain’s democratic, transparent technology is likely to have the greatest impact on consumers. Whether information is delivered to them through a smartphone app or a speaking, artificially-intelligent robot assistant in every store, shoppers will have access to a wealth of data about every product they’re considering for purchase while they’re in the store shopping.

With the unprecedented buying power it implies, shoppers will access competitive pricing information, extensive details about the ingredients of a food product, and whether it meets the specifications of their diet. In-store robots can instantly access and update what the robot “sees” when the shopper walks into the store. Consumers will know the name and address of the farm where a chicken they’re buying was raised or, if they’re about to buy a tuna from the “Fresh Fish” section of a grocery store, they’ll know instantly when and where the tuna was caught. Of course, they’ll also know whether the store’s advertising is accurate because they will be aware if the fish is authentically “fresh”.

All of this data – and much more – will give consumers a level of authority in retail they’ve never had previously. The emergence of well-informed, powerful shoppers explains why supermarkets are scrambling to be the first in their geographic or vertical retail market to integrate AI and blockchain technologies. Embracing such technology now will do much more than save retailers money and minimize waste; it will also give consumers the power and respect they have long sought from retailers for generations.

To learn more about OSA DC, the token sale, or to join a conversation, click a link below:

During the sale, 100 OSA Tokens will be given away daily to one lucky whitelist subscriber. Interested? Visit: http://www.osadc.io/en/100token-rules

To learn more about OSA DC and participate in the token sale, visit: www.osadc.io

To join the conversation on Telegram and speak with the company’s

founders and developers, visit: www.t.me/OSADC_Announcements

Learn more about OSA DC on Medium: www.medium.com/osadc

With expertise in AI, blockchain, and retail-focused technology, the OSA DC team is ready to give shoppers the power and respect they deserve.

NEWS MEDIA INQUIRIES:

Reporters interested in scheduling a phone or in-person interview with an OSA manager should call (510) 677-2947.

Former CEO of Visa UK to Lead Crypto Startup

Marc O’Brien, former CEO of Visa UK, a key advisor of Revolut and one of the United Kingdom’s leading payment services experts, has been appointed CEO of Crypterium, the world’s first mobile crypto bank.

Marc has over 25 years of experience in Financial Services, FinTech and RegTech.

He has been a long time advisor to MasterCard before joining Visa, where Marc held a number of significant positions, including 6 years as CEO of Visa UK and Ireland, company’s second most important market. During Marc’s time as CEO, Visa’s business doubled from $250 to $600 million with market share of debit card payments increasing to 97%.

Marc also started and led the contactless technology programme in the UK and with Transport for London from the very beginning to its multi billion transaction rollout.

After leaving Visa in 2014, Marc has been a key advisor on some of the most exciting startups in the UK, including Revolut where he was advising CEO and team on product strategy, growth strategy, and marketing. He was effectively the third person in the team after the two founders.

Recently, Marc also advised the UK’s Royal Mint on the possible creation of a Gold backed Crypto Token.

Following the global search by Sheffield Haworth, Marc will now lead the launch of Crypterium App that will let its users pay with cryptocurrencies with the same ease and convenience as with cash or credit cards. Users will be able to issue virtual cards, link them to Apple Pay, Samsung Pay or Android Pay, bind them to their crypto accounts and pay at any NFC terminal, or via scanning the QR codes.

“I am delighted to be joining Crypterium at such an exciting time. I strongly believe that cryptocurrency is about to go mainstream and we can be pioneers to build Crypterium into a terrific business,” says Marc.

“We are genuinely very excited by Marc’s appointment. He brings the experience and know-how to build a global banking solution that will have no peers,” adds Austin Kimm, COO of Crypterium.

Blockchain Powered E-commerce Platform Elysian Looks to Build Trust between Businesses and Consumers by Redefining Security and Efficiency

Elysian, a blockchain based startup, is all set to create a relationship of trust between the businesses and consumers in e-commerce like never before by addressing the most common shortcomings of this thriving industry. This decentralized ecosystem will drastically transform the standard e-commerce business model by ensuring faster delivery, secure customer data storage and identity theft protection.

Elysian is making quick inroads towards their pursuit to deliver a decentralized e-commerce platform with innovative security and revolutionary user experience. A blockchain based ecosystem, Elysian will be the first e-commerce platform to integrate blockchain for the secure storage of all customer data and utilize the technological advances such as Artificial Intelligence and Virtual Reality to deliver an unprecedented user experience.

Business to consumer (B2C) e-commerce is a massive global market, expected to generate global sales exceeding $4 trillion by 2021. However, the lack of trustworthy cyber security, primarily in the form of identity theft, remains to be a serious concern for the industry. Moreover, the cryptocurrency enthusiasts all over the world are still waiting for an e-commerce platform that will accept cryptocurrency in exchange for all their products and services. From an overall perspective, till now, the industry still has much room for improvement in terms of user experience, specifically by integrating new types of technologies.

Elysian makes e-commerce trustworthy by creating an improved level of data storage security by using the Proof-of-Authority algorithm. This will ensure the creation of an ecosystem with a private blockchain to store encrypted credit card information and other user data securely over a distributed network. With the application of Artificial Intelligence and Virtual Reality, it will allow shoppers the freedom to shop at home in an intimate environment and still enjoy a level of engagement that is similar to an in-store experience. Built on the Ethereum network, the Elysian system will be fuelled by the ELYCOIN (ELY) tokens.

Elysian clients will be able to use the platform for their own businesses, providing an upgraded level of functionality. In case of businesses that will enter the space in the future, the platform will act as a foundation. Elysian will essentially function as an intermediary between their own clients and their target consumers. The third-party agencies will also be able to host their current clients’ platforms on Elysian.

In order to promote engagement and interaction between the Elysian team and the community, the Elysian growth pool has been designed. The percentage of tokens allocated to this pool is integrated into the ecosystem in a way that provides a legitimate utility for the token. Unlike many other crypto startups, Elysian has created a model for community expansion by prioritizing the relationship between the team and the supporters through the growth pool.

Elysian has recently partnered with Lamden, a promising blockchain platform that helps developers create blockchains and applications. Another mutually beneficial partnership was signed recently with a marketing-based blockchain integration project named Sether. Some other key partners of Elysian are the decentralized payment network Havven, blockchain development agency Applicature, blockchain consultants Linhart, and IdentityMind.

Elysian is the brainchild of a team of e-commerce and cryptocurrency experts led by the organization’s CEO and founder Leo Ameri, a technology entrepreneur with successful stints in multiple e-commerce stores. The company’s impressive line-up of advisors includes Stuart Farmer, the CEO of Lamden and Logic Labs Ltd, serial entrepreneur Geoffrey McCabe, fintech advisor Graham Doggart, blockchain advisor Anders Larsson, and many others.

The long-term business model envisioned by Elysian will serve as the gateway to the future of Ecommerce, with the implementation of technological advancements that may even lead to a hyperbolic growth.

“People need to understand that Cryptocurrencies are nothing without us, but united we are unstoppable. Whoever ignores this fact isn’t ready for the future of transparency,” said Leo Ameri, the CEO and founder of Elysian.

To find out more, please visit https://elycoin.io/

About Elysian: Elysian is an innovative new decentralized platform that will use the Ethereum blockchain to secure customer data, facilitate Ecommerce transactions, and drastically change user experience. The integration of smart contracts and blockchain technology will ultimately provide a higher level of security in the realm of Ecommerce. The interoperability of the platform will serve as the basis for future scalability and sustainable growth.

Contact: Ioan Hategan – CMO

Website: https://elycoin.io/

Email: [email protected]

Bitcoin, Ethereum, and Blockchain Super Conference II Promises to Reveal New Profit Opportunities from the Next Bitcoin Bull Run

DALLAS, TX – In February, the Bitcoin Ethereum and Blockchain Super Conference brought together hundreds of cryptocurrency and blockchain enthusiasts, investors, and leaders. Now, the organizer and host, Richard Jacobs, is hosting a second conference at Dallas this September.

Mr. Jacobs says the Bitcoin, Ethereum & Blockchain Super Conference II will disclose new information – revealed by select industry leaders – that elevates cryptocurrency and blockchain investment opportunities to the next level.

Tickets for the conference are available now.

“Before I even made it home from the first conference, my inbox was overflowing with emails asking when we were having a second conference, and how they could secure a ticket early”, said Mr. Jacobs.

“Right then, I knew we had a responsibility to take everything to the next level.”

Mr. Jacobs took the overwhelming response seriously. The new conference, coming to Dallas this September, is appropriately dubbed the Bitcoin, Ethereum, and Blockchain Super Conference II.

Richard Jacobs, the organizer of the Bitcoin, Ethereum & Blockchain Super Conference II, is also the publisher of Future Tech Podcast, Crypto News Insider, and the author of the book Bitcoin, Ethereum, and Blockchain: Surprising Insights from 200+ Podcast Interviews of Industry Insiders.

The main focus of this second conference will be on the next bull run of Bitcoin, which, just like with the 2017 bull run, could happen at any moment. This time around, informed investors who buy in early before the price shoots could be the next class of “crypto millionaires”.

Tickets are on sale at the Super Conference website:

https://www.thefuturetechexpo.com/register/

###

Press contact:

Richard Jacobs

[email protected]

(888) 448-4590

About the Bitcoin, Ethereum, and Blockchain Super Conference II:

This three-day conference will be held at the Kay Bailey Hutchison Convention Center in Dallas from Friday September 14^th to Sunday September 16^th, 2018. We are expecting more than 1,000 attendees, at least 50 headline speakers, and upward of 50 exhibitors – with talks from founders, developers, and early-stage investors of cryptocurrencies and blockchain startups, including many that are planning ICOs throughout the last quarter of 2018 and 2019. The focus will be on the next crypto market cycle.

More information is available at:

https://www.thefuturetechexpo.com/register/

Amazon partners with Kaleido in bid to harness blockchain

Amazon is one of those companies that seem to have a finger in every pie at the moment and their new blockchain partnership could be one of their tastiest ventures yet.

Amazon’s cloud computing arm has partnered with a start-up called Kaleido, which will now make it easier for customers to put their services on blockchain.

Amazon Web Service said that introducing Kaleido to their customers “is going to help (them) move faster and not worry about managing blockchain themselves.”

The new partnership, which was announced on Tuesday, will see Kaleido give AWS an easy route to get into the same tech area that underpins many cryptocurrencies.

Amazon Web Services offers a cloud computing platform to individuals. It is a paid subscription service and its methods thus far have been to use a partner-led strategy instead of building from the ground up.

As one of the most influential companies in the world, many onlookers have noted that this move will give a massive boost to blockchain’s public reputation.

For those of you that don’t know how it works; blockchain technology records transactions on a public ledger, which is underpinned by blocks of transactions. Fans of the technology state that this system gets rid of the need of a third party and insist that it is more secure and quicker than its competition.

Joseph Lubin, the founder of Ethereum blockchain, reckons this is a sizable move by Amazon.

The pair will be using Ethereum’s tech, so it’s interesting to read Lubin’s thoughts. He said: “This is a heavy duty, full stack way of getting the company into blockchain solutions.”

Lubin added that the recent rise in interest in blockchain has been almost comical. He stated: “Three years ago we were getting calls from companies trying to spell blockchain and trying to order one in a color because their boss told them they should get a blockchain. At this point there are tens of thousands of companies around the world that have real sophistication around this.”

Steve Cerveny, a founder of Kaleido, insisted that this move will make it much simpler for customers of AWS. He said: “They can focus on their scenario and they don’t have to become PhDs is cryptography, we give them a simple platform to build their company on blockchain.”

Cerveny told CNBC that Amazon has been looking to get into this service for a while, stating: “They’ve been looking for partners to help get blockchain into their customers’ hands. They’re putting it in the marketplace will accelerate what their customers are going to do with it.”

“Introducing Kaleido to AWS customers is going to help customers move faster and not worry about managing blockchain themselves,” Amazon Web Services insisted.

Blockchain’s incredible rise into the mainstream is hitting an all-time high, with Amazon joining the likes of Microsoft and Facebook in a bid to explore the benefits of the technology.

Brazilian city will pioneer Blockchain tech for public transport

Teresina, a city located in the Brazilian state of Piauí will be the world’s first to utilise blockchain technology to manage its public transport infrastructure, paving the way to a smart and futuristic municipality.

The innovative project named “Mobility Observatory: blockchain for the co-management of public transport” will aim to increase transparency by storing records such as fulfillment orders, transactions, travel reports and work orders on the blockchain, all fully accessible to the public. The data will be permanently stored on the blockchain and cannot be altered or modified without changes being tracked.

It is being developed by the Municipality of Teresina through the Municipal Secretariat of Planning and Coordination (Semplan) and Agenda 2030. It is also in partnership with the Municipal Transportation and Transit Authority and the Organization of States (OAS), through its School of Open Government, and the Hyperledger Foundation.

The project has received a €300,000 investment from various funding programmes including the European Union.

“The City Hall of Teresina has made all the investment in the infrastructure part, such as construction of terminals and corridors, so we need to know if the operation of their system is adequate and how we control the operation. already does this monitoring, but we are looking for something more technologically advanced, so we have elaborated a proposal that could improve public transportation in its management” said Gabriela Uchoa, Coordinator of Agenda 2030 in Teresina.

“This innovative project of Teresina that systematizes this management of the operation and makes it transparent, open to the population, in a system that is the blockchain, that can not be modified, altered.Any modification that is made is tracked.The idea is to create a committee of co-management and monitoring of this data and validation of them and all this part of the operation that involves collective transportation is monitored through the blockchain system, “explained Gabriela.

Aiming to transform Teresina into a smart, futuristic and sustainable city, the blockchain in public transportation will bring to the municipality the increase of reliability among those involved in the transportation system and service improvement; sharing responsibilities for the proper functioning of public transport and increasing its efficiency; in addition to prioritizing public transport to have an impact on the reduction of greenhouse gas emissions.

Stratis Makes Smart Contracts On Blockchain Easy For Developers and Enterprise Via C# and .NET Simplicity

Stratis, the company making blockchain easy, today announces their Stratis Smart Contracts in C# alpha release.

Stratis Smart Contracts in C# is designed to be the most inclusive and easiest-to-learn platform for developers, businesses and other organizations.

Smart contracts are self-executing contracts capable of storing and distributing funds, cutting out any third parties, i.e. bankers, escrow services or stockbrokers. Terms between buyers and sellers are directly and securely written into lines of executable code. Through these pre-defined terms, the code and any agreements therein will then be governed across a distributed, decentralized and immutable blockchain network.

Stratis has engineered the first smart contracts platform built entirely from the ground up in native C# on the .NET framework, the most popular enterprise programming language on the most widely-used enterprise framework. This makes Stratis smart contracts easier to integrate into existing enterprise architectures by removing any barriers presented by new, proprietary computing languages. Additionally, Stratis will soon provide support for the functional programming language F#, particularly popular in the finance sector.

The current and potential uses of smart contracts are wide, including (but not limited to) auctions and peer-to-peer lending to investment funds, insurance settlements, real estate transactions, domain name registries, copyrights, and digital property ownership.

“We believe smart contracts are one of the backbones of blockchain as a transparent, decentralized marketplace, and that the more inviting you can be to get people to join that marketplace, the faster blockchain will be adopted,” says Stratis CEO Chris Trew. “Our foundation in C# and .NET programming broadens the world of smart contracts immediately, and we look forward to seeing what people do with it.”

Several other blockchain companies have launched smart contract offerings, but required development in an entirely different programming language or a new digital ecosystem with new languages, decompilers and integrated development environments (IDEs). Stratis Smart Contracts in C# builds upon an established and popularized framework, language and ecosystem. Therefore, it is more readily poised for wider adoption as a smart contract standard.

“Stratis believes blockchain will change the world, and we are creating products that make this new world as inclusive and welcoming as possible,” Trew says.

“Stratis Smart Contracts in C# is designed to welcome developers.” Stratis Smart Contracts in C# has been made available for download on Github here:

https://github.com/stratisproject/StratisBitcoinFullNode/tree/sc-alpha The Stratis Smart Contracts in C# release comes a week after Stratis’s production-ready ICO Platform and marks another essential milestone for Stratis’s Q2 2018 roadmap.

Watch Stratis CEO, Chris Trew, and Stratis Developer, Jordan Andrews, discuss Stratis Smart Contracts in C# here: https://youtu.be/dx_iCKGX6kc

To read more about Stratis Smart Contracts visit: https://stratisplatform.com/2018/05/16/stratis-smart-contracts-in-csharp/

A Game-Changing Blockchain Powered Insurance Provider

The use of blockchain in the insurance sector has been one of the major areas of interest as it has the potential to streamline the entire process, starting from buying a policy, to investigating incidents and fulfilling the claims. With the involvement of agents, middlemen and other third-party players, the sector currently lacks transparency.

Vernam, a decentralized peer-to-peer insurance platform is striving to overcome the shortcomings of the present-day insurance market by creating the world’s first zero-commission insurance on blockchain. The platform eliminates the involvement of brokers to provide a cost-efficient, data-driven, and transparent solution which could potentially bring savings of up to 30% on insurance premiums for customers.

In the past few years, the $4.57 trillion (2016 data) insurance industry has exhibited an average steady growth of about 3%, driving by rising demand for policies among individuals and businesses alike. However, its full potential is not tapped, thanks to the lack of transparency, corrupt and inept brokers and the prevalent culture bent on fleecing the insured. With the rising mobile phone density, developments in Artificial Intelligence and smart contract driven P2P technologies like blockchain, insurance companies can now directly deal with their customers while automating a significant portion of industry functions.

Purchasing Insurance, the Vernam Way

Vernam is in the vanguard of redefining the way people access insurance. The platform is keen to connect insurers directly with the people who would like to be insured. In the process, it eliminates the need for middlemen and their commissions. These savings, amounting up to 30% of the costs can then be passed on to customers in the form of cashbacks. Vernam is driven by its own Vernam Tokens (VRN), which acts as the preferred mode of payment on the platform. Customers who purchase insurance on the platform will receive cashbacks in the form on VRN, which can be later exchanged to fiat or used for VRN denominated purchases.

More Game-changing Products for the Insurance Sector

Vernam is keeping up with the evolving technology landscape and changing customer needs. The platform plans to introduce an insurance product that allows users to insure their crypto-assets over smart contracts. The product, to be called CryptoSafe will help cryptocurrency users mitigate their risk against specific losses.

Speaking during an investor briefing, the CEO and Co-Founder Roman Angelov

of Vernam said, “We are convinced that out product offering will benefit both insurance players and the consumers. There are lots of opportunities that both can leverage on. For the industry players, we are moving towards an industry that is shifting from intuition-based policy pricing to one that is based on data. Blockchain technology will allow the players to offer insurance products and assessment on an individual capacity thereby minimizing risk and increasing efficiency.”

Core Features of Vernam Platform

Some of the core features of the Vernam P2P insurance platform include:

The use of blockchain technology to provide targeted and specific policies to individual clients.
Bringing transparency to the industry with distributed ledger technology.
0% commission on insurance products. Customers to get 30% cashback on insurance policies purchased on the platform.
Innovative smart contract based CryptoSafe insurance policy that guarantees compensation to the insured, should a defined set of events occur.

VRN Token Sale

Vernam is organizing a token sale, offering an opportunity for investors and crypto-community members to be part of the InsurTech revolution. The 20 day pre-sale is set to begin on May 15 with up to 40% bonus for early investors. The crowd-sale will run from June 6^th, 2018 until July 15^th, 2018. A total of 500 million VRN will be up for sale. The soft cap of 2.5 million USD has already been secured, so anyone interested in investing should probably hurry.

Learn more about the Vernam platform and its upcoming token sale at – www.vernam.io