PopUp Coin: it’s a win win for both consumers and retailers

Many governments certainly seem to be fearful of digital currencies. Just this month, President Trump tweeted his dislike of Bitcoin and Facebook’s new Libra coin. Of course, many commentators are quick to point out that governments worry about them because their currencies have the most to lose from them. However, as far as consumers and coin buyers are concerned, there are many reasons they have to be thankful for them, providing useful, low-cost solutions for all of society.

One such cryptocurrency that is offering a valuable use case for everyone is PopUp Coin. The coin will pave the way for consumers to be able to pay for their lifestyle while enjoying time at their favourite entertainment venues, such as dining in a nice restaurant or buying the latest products they have their eyes on.

It has the advantage of allowing consumers to purchase goods more easily, and for a cheaper price, without retailers needing to offer discounts on their products to capture sales, which results in adverse impacts on both their profit margins and the value of their brand.

PopUp Coins benefit the consumer by the stable growth that holding them provides. To give an example, if a PopUp Coin holder spots a new pair of sneakers they want to buy at the beginning of the week for £100 or 100 PopUp Coins, the coin’s stable growth sees the price of the coins increase daily due to the coins limited pool and its growth on exchanges, so by the end of the week the price of each PopUp Coin is £1.25. This means they are effectively spending £75 on their sneakers, with £25 left to either spend on whatever they choose, or hold onto for further gains.

The advantage for the retailer is not having to discount their products, so they also gain the profits they desire – it’s a win-win for both sides. They can either convert the coins to fiat for minimal cost or decide to hold the coins and take advantage of their increasing value. In addition, the retailer benefits from transaction processing fees being significantly reduced, and the chance of fraud being eliminated, with zero chance of chargebacks from customers.

For consumers, as well as obtaining products for a cheaper price, they can enjoy zero foreign-exchange fees for any payments overseas, plus take advantage of consumer loyalty programs and profit from the growth of their coin investment.

PopUp Coin’s vision is to provide both retailers and consumers with considerable upsides, saving them money and making their lives much easier. Their growing list of collaborations with merchant acquirers and retailers is testament to the potential the coin holds. We look forward to seeing this coin blossom, and for further details and technical information, you can check out more by visiting their website: www.popup.money

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Stratis launches Cirrus Sidechain Masternodes to enable the world’s first Smart Contracts on Microsoft’s .NET framework

Stratis Group Ltd, the enterprise-grade blockchain development platform has announced the launch of Cirrus Sidechain Masternodes and Stratis Smart Contracts in C#, making Stratis the world’s first blockchain to offer businesses and developers the ability to execute Smart Contracts on the Microsoft .NET core architecture.

The launch of the Cirrus Sidechain – a blockchain pegged to the Stratis mainchain – extends functionality for businesses operating on the Stratis platform. This includes the first Smart Contracts platform built entirely from the ground up in native C# on Microsoft’s .NET framework, the most popular enterprise programming language on the most widely-used enterprise framework.

Today’s full production release follows a successful two-week community testing phase during which Masternode Operators were able to familiarise themselves with operating a Sidechain Masternode and interacting with the Cirrus Sidechain.

With Stratis Smart Contracts in C#, businesses no longer need to create a completely new blockchain for every new decentralised application, but instead can develop a set of smart contacts in a programming language they understand and deploy them on one underlying general-purpose blockchain. This opens up a wide range of enterprise use cases, from tokens and lending platforms to provenance and self-sovereign identity solutions.

“At Stratis, we are committed to making it easy for businesses to adopt blockchain solutions for real-world use cases. Now, for the first time, enterprises and developers are able to build private blockchains and programme Smart Contracts in their familiar C# language”, said Chris Trew, Founder and CEO of Stratis. “We see this being of particular benefit to large enterprises, financial services companies as well as government organisations whose systems operate within Microsoft’s .NET framework as our solution is designed to minimise any incompatibility issues which may arise from blockchains and Smart Contracts being built in other computer languages”,  he added.

C# is a general-purpose language estimated to be used by 6.7 million developers (SlashData, 2019). It was originally developed by Microsoft within .NET, its development platform for building apps for web, Windows, Windows Phone, Windows Server and Microsoft Azure. Stratis is a certified Microsoft partner and, since last year has been an accredited Microsoft Independent Software Vendor (ISV) listed on the Azure Marketplace, Microsoft’s online store providing applications and services to over 100 million active users.

The Cirrus Sidechain has been developed in order to prevent bloating of the main Stratis network and facilitate a high level of scalability. The Masternodes will operate on the Cirrus Sidechain using a Proof-of-Authority consensus algorithm, thereby enhancing security by adding accountability while also reducing the workload and energy consumption required for Masternodes to maintain the blockchain. In addition to the existing Stratis Core wallet, which has been updated to offer end-users the ability to perform cross-chain transfers, a new Cirrus Core wallet has been launched. This will be used by end-users to manage their sidechain tokens, interact with and deploy Smart Contracts, manage tokens via token issuance contracts and perform transfers back to the mainchain. There will be more than one million STRAT locked up in collateral by the participating Sidechain Masternodes, increasing the scarcity and bringing further value to the Stratis Token.

“Cirrus Sidechains will allow us to scale up the Stratis platform as we add functionality and deploy sidechains with use-case specific modifications, such as block time and block size. We are excited to welcome new developers and work alongside new businesses, and provide them with unprecedented access to develop blockchain solutions on an industry-leading platform”, said Gustav Stieger, Senior Developer at Stratis. “It will now be easier, cheaper and faster for developers to build DLT and Smart Contract functions bespoke to their business needs”, Gustav concluded.

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Tolar HashNET mainnet officially launched

4.0 blockchain revolution begins 

On June 30, Tolar HashNET, an open-source, highly-rated, 4th generation blockchain, has officially launched its mainnet. This breakthrough tech features scalable, fast, secure, and fair transactions.  It employs Distributed Ledger Technology (DLT) and consensus algorithm which keep all positive characteristics of a blockchain technology while increasing throughput to more than 200,000 transactions per second. 

Tolar HashNET mainnet is now one of the leading in the world, as the closest competitor with similar features have been demonstrating not more than 10,000 transactions per second.  The HashNET network is using Proof-of-Stake with masternodes thus, eliminating the need for a massive energy consumption and huge environmental cost, which has proved to be a significant problem of blockchain technology.

Tolar has made its testnet available to public on April 23, during an event that hosted high-level representatives from European Commission, European Parliament, Government of Slovenia, UNECE/CEFACT and many more. HashNET tech has been recognized as the solution for European and national blockchain infrastructures and for that reason, United Nations Economic Commission for Europe listed Tolar HashNET in its White paper »Blockchain and Trade facilitation« as one of 15 global blockchain projects, utilizing Blockchain Technology for achievement of UN’s Sustainable Development Goals.

Tolar HashNET aims to become a favourable solution for enterprises and governments by providing an open, fast and extremely fair public ledger built on top of the HashNET technology and to create ecosystem of solutions and partners that will use this unique technology to solve problems with existing systems or provide new functionality that was not available before.

To learn more about the technology and Tolar HashNET achievements, visit their webpage.

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City of Berkeley Moves Forward with Municipal Microbonds Program, Using BlockChain Technology

On Tuesday night, the City of Berkeley took a big step forward in its plan to issue Blockchain based municipal bonds. The long-awaited BlockChain Community Microbond Initiative will now proceed via a Request For Information which will invite the industry to put forth qualified proposals. First introduced by District 3 Councilmember Ben Bartlett, the Microbond Initiative aims to see the city issue bonds as low as $25 directly to community members to invest in public projects.

Although cities have long issued municipal bonds, the $3.7 trillion municipal bond market lacks transparency and involves a slew of fee-collecting middle men, and are often priced out of reach for normal Americans. In lieu of a banking intermediary, Berkeley’s microbonds will be issued directly to investors, thus removing unknown middlemen and lowering prices.

Microbonds are low-cost, interest-bearing instruments, designed to be affordable. Bartlett hopes that Microbonds can be an antidote to extreme wealth concentration, by creating investment opportunities for historically marginalized populations.

“Right now, a staggering 43 percent of Americans are poor or low-income,” Councilmember Bartlett said. “This is because capital is bound up in too few hands. Blockchain Microbonds might offer a way to expand the pie for ordinary people and help short term consumers, become long term investors.”

Cutting costs and removing middlemen allows the City to increase flexibility in the targeting of projects. Combining civic crowdfunding with municipal microbonds secured by a blockchain-based system can democratize capital markets by creating a vehicle for community members to directly invest in their communities.

According to Kevin Dayton, president of the California-based Labor Issues Solutions, one of the advantages of microbonds is that they’re issued in “tiny denominations,” making them accessible for anyone. Bartlett added that because the community can choose to fund different local scale projects, such as parks, public art, and affordable housing, it opens the doors to “community-powered finance.”

While microbonds bring down the traditional barriers for investing in municipal bonds, the blockchain component of the Community Microbond Initiative ensures that consumer information is secure with an automated digital ledger to keep track of transactions, and resistant to concentrated attacks and failures. And the irrevocable nature of the transactions increase the accuracy of records.

“Because of the blockchain technology, [the bonds are] going straight to the consumer,” Bartlett said. “There’s real-time transparency with where it’s going and who possesses it, and payments made in a variety of frequencies.”

Bartlett added that the blockchain technology can dramatically lower the cost to issue, obtain, and administer bonds by “streamlining and automating” transactional processes. He sees the Initiative as a potential template for municipalities similar to Berkeley who seek to empower communities. Bartlett believes that is our civic responsibility to ensure that everyone can invest in their community and share in the upside. “The revolution needs a coin.”

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Over 200 people from within the international blockchain community participated in the first Swiss Blockchain Hackathon in Zurich this weekend

The Swiss Blockchain Hackathon, led by six of Switzerland’s leading blockchain and ICT institutions, took place over the weekend at Zurich’s Trust Square blockchain hub. The three-day event was attended by over 200 participants from almost 20 different countries around the world. The organizers presented hackathon participants with real-world challenges in diverse verticals, with help from major corporations, top-tier academic institutions, and Amazon Web Services.

The Swiss Blockchain Hackathon took place from 21 to 23 June and had over 200 hackers in 41 teams from around the world. The event was jointly hosted and organized by Trust Square, CV Labs, Crypto Valley Association, Swiss Blockchain Federation, Bitcoin Association Switzerland, and Swiss ICT. The participating hackers solved real-life challenges in six different verticals: eGovernment, Agriculture & Food, Mobility, Finance, Supply Chain, and Intelligent Parcel.

At the opening ceremony Carmen Walker Späh, President of the Government Council of the Canton of Zurich, stated “Personally, I am convinced that blockchain has what it takes to become the next big development step of digitalization,” and she continued “Together with partners from politics, industry and academia, I am committed to creating legal certainty, favorable general conditions and a broadly supported ecosystem. So that Zurich and Switzerland can maintain the positions of internationally competitive blockchain locations.“

The hackers each had a chance to win multiple, exciting prizes, equaling up to more than CHF 200,000. Hackers won everything from crypto bags filled with essentials for anyone interested in blockchain technology to the big Entrepreneurial Prize, where one team won the chance to fast track their startup idea at the CVLabs Incubator. The submitted projects where so convincing that the jury decided to bring two projects in front of the audience for the final decision – it remained a draw and it was decided to split the CHF 25,000 main prize between the two projects from Team Axelra and Team Blockbyte. The list of every winner is on the next page.

The teams worked diligently throughout the Swiss Blockchain Hackathon, staying up until the early hours of the morning working on the challenges presented to them in their verticals. Coaches were on-site throughout the event to help the teams with any hard-pressed issues they faced. The vertical coaches, volunteers from partner organizations were there to help each team out about their concerns in the contents of each vertical. Platform coaches represented technical partners like Amazon Web Services to help each team out with any technical question or need. 

Overall, The Swiss Blockchain Hackathon was a great success and the event showcased the vast talent within the local and worldwide blockchain community thanks to the vigorous work from each single participant.

You can see pictures and videos of the first Swiss Blockchain Hackathon at http://hackathon.trustsquare.ch

Crypto Valley Week Media Roundtable

Marc Degen, co-initiator of the #SBHACK19 will be present at the Crypto Valley Week Media Roundtable on 25 June 2019, from 12.00-13.30hrs at the Casino in Zug.

*********************

Winner Overview:

 Agriculture & Food:

Co-Overall winner: Team Blockbyte led by Mike Schälchli, for the Lend-it solution, where you can offer and lease land in trusted way.

Mobility:

Co-Overall winner: Team Axelra led by Severin Wullschleger, for #velove, an app that awards crypto currency rewards for biking to work and reducing your personal CO2 offset.

 eGovernment:

Team ETH led by Burak Seyid, for Petizio, an app that lets you safely create and sign petitions.

Finance:

Team Kuznyechik led by Anton Permenev, with their project on crowd valuation of assets that have no financial history!

Supply Chain:

Team Elastonians led by Adem Bilican, for peer-to-peer traceability solution.

Intelligent Parcel:

Team OSB led by Joao Aguiam, for the close range package delivery service Padely.

AWS Special Prizes

1st: Agrofood led by Oliver Gaede (Agriculture & Food)

2nd: Orvium led Antonio Romero Marin (Intelligent Parcel)

3rd: Traceauth led by Trevor Oakley (Intelligent Parcel)

Swiss Blockchain Hackathon At A Glance

 Date: 21 – 23 June 2019

Location: Trust Square, Bahnhofstrasse 3, 8001 Zurich, Switzerland, and surrounding locations

Total Countries: 19

Austria, Egypt. Estonia. France, Germany, India, Israel, Liechtenstein, Poland, Portugal, Russia, South Africa, Spain, Switzerland, Tunisia, UAE, UK, Ukraine, USA

Teams: 41

Hackers: 203

Verticals: 6

Coaches: 57

Slack Messages: 6211

Organizing partners

Trust Square, Bitcoin Association Switzerland, CV Labs, Crypto Valley Association, Swiss Blockchain Federation, Swiss ICT

Vertical partners

Accenture, Agroscope, Canton of Zurich, Die Post, SDX, ZVV

Platform and Service partners

Amazon Web Services, Amanox Solutions, Blockfactory, Cardano, PwC, Andibefree, Avado, Tecflower, certification, bitConsultant, Froriep, Felfel, Intellica, Tezos, Shift, Kilt

Academic partners

Universität Basel, Universität St. Gallen, Universität Zürich, HSR Hochschule für Technik

Rapperswil, Frankfurt School Blockchain Center, Hochschule Luzern, ETH Zurich, b2lab at ETH Zurich, ZHAW School of Management and Law

Supporting partners

ARC, Blocksport, Cargolux, Dezentrum, GS1, i.AM, Mobility, Modum, MS Direct, Procivis, Panalpina, Q_Perior, Proxeus, Smart Containers, Sigma Ledger, Sygnum, Verum Capital, Smiling Gecko, myclimate, Lipton, Pepsi Max, Orangina, Webtiser

Media and Communication partners
MoneyToday, Farner, BerChain, SICTIC, Mama, SWI

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Zichain releases a B2B crypto-fiat processing service  

Zichain launches B2B crypto-fiat processing service and offers clients around the world an opportunity to join the global trend for crypto adoption.

The B2B crypto-fiat gateway  is available for customers from 180 countries and supports transactions with several currencies: EUR, USD, GBP, RUB. The unique difference of the platform is the ability not only to buy, but also to sell cryptocurrencies, withdrawing them to cards. It also offers an industry-leading set of features coupled with an extremely competitive fee structure – the best of known conditions on market.

This latest addition to the company’s ever-growing product range make it easy for any business to provide its clients an easy, automated, fast and hassle-free way to buy cryptocurrencies – a key advantage in the eyes of many customers.

Zichain’s B2B platform is a unique market offer, customized for each client. It offers customers a convenient way to process clients’ payments (including crypto purchases made with credit and debit cards) and to completely automate all crypto transactions. The gateway API is easy to implement into any website and the client’s buying experience is quick and intuitive.

The company expects its new product to be used by a wide range of businesses –  both as those projects that have their own internal token and whose customers need an easy way to purchase, as well those that provide information resources and interested in monetizing their traffic.

Members of Zichain team are distributed over different countries around the world and spent the last year bolstering its positions in a number of different regions. The core market for providing company`s services is Europe – where Zichain has received financial institution licensing from Estonian regulators in March 2018. In Switzerland, company actively supports blockchain-related research and education projects. The company has also built strong partnerships with leaders of Asian market –  second most important vector of expansion after Europe.

Thus, according to its mission, Zichain has created two different directions for two types of clients: Cryptoeye – platform for retail investors  and Zichange – B2B crypto-fiat processing service for institutional market participants.

Zichain CEO, Mr. Khachatur Gukasyan, said:

“As a business with a truly global presence, we have made it our goal to make the new crypto-fiat gateway available to users worldwide. And I am proud to say that we have delivered on this promise – our product can be used by businesses and individuals in more than 180 countries”.

About Zichain. Adhering to the principle of creating an ecosystem of products rather than narrow standalone tools, Zichain offers a range of interconnected solutions making it a new type of financial institution, ready for the upcoming era of the digital economy. The company creates a unique high-quality crypto platform accessible to both retail and institutional investors.

For further information, please, contact: media@zichain.io

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3 Ways to Hedge your Cryptocurrency Risk Exposure

Whether you’re a speculator, investor or gambler, it’s crucial that you minimize your risk exposure. While prices of Bitcoin may be on the rise, the volatile market has many investors worried.

What appears to be a savvy investment now, could be worthless in just a matter of days. To reduce your risk exposure, it’s crucial that hedge against cryptocurrency volatility.

Before we get started however, let’s take a look at what hedging means. Hedging is a finance term that describes the various strategies used to minimize risk from a volatile market. As you may have read through Bitcoin news, volatile nature of digital currency means that your holdings may suddenly fall in value.

With the value of your investment falling below its original price, you stand to make massive loss. By hedging, you can reduce or entirely avoid risks associated with a volatile market. To get your started, we’ve put together a list of 3 effective hedging strategies.

  1. Short selling

Investors and speculators live by the ethos of “buying low and selling high” thus earning a profit on the difference. However, short selling is the direct opposite of this and is often used by traders looking to protect themselves from a decline in prices.

Here’s how a typical short-selling transaction looks like

  1. You “borrow” 1 unit of BTC at USD 8,000 from a broker.

ii Anticipating a fall in BTC prices, you sell this Bitcoin at USD 8,000 to an exchange.

iii. Fortunately, prices of BTC fall to USD 6,000 and you purchase 1 BTC to “repay” the broker.

  1. Despite a fall in prices, you’ve managed to make a cool USD 2,000 from the sale of BTC.

As can be seen, short selling allows an investor to protect him/herself from price fluctuations. However, short selling is not without its share of problems. A sudden rise in prices may result in you losing much more than your initial investment.

Not to be forgotten, exchanges and brokers often charge additional fees for such services. Before you start short selling, you need to find the right balance between a hedging or holding position.

  1. Cash out

While short selling can be an effective method of short-term hedging, it doesn’t always work out. In some situations, the simplest solutions may be the best. Cutting your losses and cashing out allows you to walk away with your original investment and some profit.

By cashing out early, you’ll be able to avoid the crash and have something to show for it. However, liquidating your crypto holdings entirely also should be considered to be a last-ditch option. Should the price of cryptocurrencies improve, you’ll end up losing out on a bull market.

Before cashing out, conduct an analysis into existing market conditions to ensure that your decision is an informed one.

  1. Making use of derivatives

Derivatives are financial instruments typically used in traditional stock markets. These instruments are essential for hedging against market volatility. From futures to contracts and forwards, derivatives are valued on the fluctuating prices of their underlying assets.

Simply, this means that the more volatile the price of an associated asset, the more expensive the derivative. For centuries, derivatives have played an important role in the marketplace.

Derivatives may be in their infancy on the crypto market, but several exchanges have already begun adopting them. A futures contract is a derivative which allows you to buy or sell an asset at a fixed price in the future. Hence, should you predict a fall in crypto prices, a futures contract allows you to sell your cryptocurrencies at a predetermined price.

With some skill and foresight, derivatives will allow you to effectively hedge against any price fluctuations. While they may still be in their infancy, derivatives are sure to make their impact felt in the years to come.

Just like sports betting, investing in cryptocurrency can be a risky proposition for the unprepared. However, with some preparation, you should have no issue riding out the storm and betting on a winning horse.

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PwC Blockchain Expert Roman Schnider joins Tezos Foundation as CFO and Head of Operations

The co-creator of PricewaterhouseCooper (PwC) Switzerland’s Blockchain initiative is joining the Tezos Foundation in Zug as Chief Financial Officer and Head of Operations. With Schnider, the Tezos Foundation Board strengthens its operations team in Zug with an experienced investment banking and assurance specialist.

Roman Schnider, Assurance Director of PwC Switzerland will take on the role of Chief Financial Officer and Head of Operations of the Tezos Foundation beginning summer of 2019. 

Roman Schnider joins the Tezos Foundation after nearly 15 years at PwC where he worked in various roles around the world with a special focus on investment banking.  Most notably, in 2016, he launched the department for blockchain and cryptocurrency assurance at PwC Switzerland.

Schnider is especially familiar with the Tezos protocol and Foundation due to PwC’s role as auditor of the finance and business operations over the last year. The Tezos Foundation is the first major blockchain project to work with one of the “Big Four” as their statutory auditor.

“I sincerely look forward to joining the Tezos Foundation” says Schnider. “Together, we will work to serve and support the Tezos community in the most effective, efficient and transparent way possible.”  

Schnider is superseding Eelco Fiole as CFO. “We want to thank Eelco for his contribution to the development of the Foundation and wish him all the best” says Ryan Jesperson, President of the Tezos Foundation.

“As the Foundation continues to provide resources to a growing Tezos ecosystem, the CFO and operations lead will be critical to our success,” notes Jesperson. “Roman’s experience makes him the ideal finance and operations specialist for our team. He is already familiar with the opportunities and challenges blockchain projects face and has a deep understanding of the Tezos Foundation from his time at PwC.”

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Ways to Hedge your Cryptocurrency Risk Exposure

Whether you’re a speculator, investor or gambler, it’s crucial that you minimize your risk exposure. While prices of Bitcoin may be on the rise, the volatile market has many investors worried.

What appears to be a savvy investment now, could be worthless in just a matter of days. To reduce your risk exposure, it’s crucial that hedge against cryptocurrency volatility.

Before we get started however, let’s take a look at what hedging means. Hedging is a finance term that describes the various strategies used to minimize risk from a volatile market. As you may have read through Bitcoin news, volatile nature of digital currency means that your holdings may suddenly fall in value.

With the value of your investment falling below its original price, you stand to make massive loss. By hedging, you can reduce or entirely avoid risks associated with a volatile market. To get your started, we’ve put together a list of 3 effective hedging strategies.

  1. Short selling

Investors and speculators live by the ethos of “buying low and selling high” thus earning a profit on the difference. However, short selling is the direct opposite of this and is often used by traders looking to protect themselves from a decline in prices.

Here’s how a typical short-selling transaction looks like

  1. You “borrow” 1 unit of BTC at USD 8,000 from a broker.

ii Anticipating a fall in BTC prices, you sell this Bitcoin at USD 8,000 to an exchange.

iii. Fortunately, prices of BTC fall to USD 6,000 and you purchase 1 BTC to “repay” the broker.

  1. Despite a fall in prices, you’ve managed to make a cool USD 2,000 from the sale of BTC.

As can be seen, short selling allows an investor to protect him/herself from price fluctuations. However, short selling is not without its share of problems. A sudden rise in prices may result in you losing much more than your initial investment.

Not to be forgotten, exchanges and brokers often charge additional fees for such services. Before you start short selling, you need to find the right balance between a hedging or holding position.

  1. Cash out

While short selling can be an effective method of short-term hedging, it doesn’t always work out. In some situations, the simplest solutions may be the best. Cutting your losses and cashing out allows you to walk away with your original investment and some profit.

By cashing out early, you’ll be able to avoid the crash and have something to show for it. However, liquidating your crypto holdings entirely also should be considered to be a last-ditch option. Should the price of cryptocurrencies improve, you’ll end up losing out on a bull market.

Before cashing out, conduct an analysis into existing market conditions to ensure that your decision is an informed one.

  1. Making use of derivatives

Derivatives are financial instruments typically used in traditional stock markets. These instruments are essential for hedging against market volatility. From futures to contracts and forwards, derivatives are valued on the fluctuating prices of their underlying assets.

Simply, this means that the more volatile the price of an associated asset, the more expensive the derivative. For centuries, derivatives have played an important role in the marketplace.

Derivatives may be in their infancy on the crypto market, but several exchanges have already begun adopting them. A futures contract is a derivative which allows you to buy or sell an asset at a fixed price in the future. Hence, should you predict a fall in crypto prices, a futures contract allows you to sell your cryptocurrencies at a predetermined price.

With some skill and foresight, derivatives will allow you to effectively hedge against any price fluctuations. While they may still be in their infancy, derivatives are sure to make their impact felt in the years to come.

Just like sports betting, investing in cryptocurrency can be a risky proposition for the unprepared. However, with some preparation, you should have no issue riding out the storm and betting on a winning horse.

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Introducing temtum the purpose built cryptocurrency

temtum, the next generation payments network designed to solve inherent problems with existing cryptocurrencies

2019, London, UK – Following the completion of its Temporal Blockchain and mainnet solution, temtum (TEM) will see the next generation cryptocurrency deliver feeless, instant transactions, backed by a highly scalable, sustainable and quantum secure network.

As leading cryptocurrencies such as Bitcoin, Tron and Ether scramble to develop second layer technology, temtum has been created as a solution to all existing limitations. Using the latest in cryptography and custom designed for mainstream payment adoption, temtum represents a step-change for the industry and a genuine alternative to traditional fiat currency.

Running on a combination of Temporal Blockchain and temtum’s own innovative, patented Consensus Algorithm – of which have been successfully built, deployed and 3rd party security tested – the temtum cryptocurrency (TEM) can be easily integrated into existing payment infrastructures and applications via their developed and released crypto API.

The temtum network surpasses even market leading technology, including the likes of VISA, Bitcoin and Nano. temtum is currently delivering sustained, provable transaction speeds of 1800 tps on a live network across hours, days and weeks, with block times of just 12 seconds – prior to the release of their sharding and delegation technology. The first currency to utilise a quantum source of randomness, temtum is quantum secure and future proofed against the growing threat of quantum computing. Through its patented technology, temtum can run its entire network on a fraction of the energy required to power Bitcoin.

temtum was founded in 2014 by Dragon Infosec CTO Richard Dennis, the world’s youngest cryptography lecturer, and current CISO Dr Gareth Owenson – both world renowned cryptographers in their own right. With a team boasting more than 25 years of cryptography experience, multiple Silicon Valley C-Suite executives and holding the only blockchain PhD worldwide.

Five years of research, 12 peer reviewed published papers and four years of blockchain development has led to the creation of the Temporal Blockchain, the perfect platform for the temtum network.the ground-breaking temtum is not only environmentally friendly but is a technology that has already surpassed the industries latest next layer technology.

Founder and CEO, Richard Dennis MSc, said: “Bitcoin will always have value and the first mover advantage but it’s not fit for purpose.  We’ve seen Bitcoin and many other leading currencies fail to deliver on the promises and expectations. The ambition and ideas are there but with limitations including outdated cryptography, cryptocurrencies have not yet become a utilised payments solution. We’ve purpose built temtum as a network to solve these inherent limitations in speed, security, scalability and sustainability, and completed our network ready for launch.’’

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**ENDS**

 More information can be found on the temtum website https://temtum.com, the Introducing temtum blog & in the temtum white paper

For any additional details, or if you would like to speak with Richard Dennis please email press@temtum.com or call 0207 100 0850.

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