Crypto Highlights 28/04/2018

Vitalik Buterin boycotts CoinDesk conference

In a series of tweets Ethereum co-founder Vitalik Buterin explained why he’s not not attending CoinDesk’s Consensus 2018 conference, citing the $2-3k ticket prices as “rent seeking” and the publications ethics based around “off the record” interviews.

IBM planning to use Blockchain to track diamonds

IBM’s latest blockchain initiative TrustChain will bring transparency to the diamond industry by tracking the process from raw material to finished jewelry.

Read more at Investopedia.

Sony files blockchain patent

Sony has filed a patent with the US Patent & Trademark Office to store consumers digital rights on the blockchain dubbed Rights Management (DRM

Read more at Toinnov.

Venezuela to get $1 billion cash injection from petro ICO

The Venezuelan president has said the country will receive a $1 billion cash injection from the sale of its cryptocurrency named the PetroDollar (XPD) which allegeldy raised $5 billion dollars, $1.7 of which will be set aside for importing “food, medicine and industrial goods.”

Read more at Phys.

Penny stock firm proposes Blockchain mining at coal plant

Plans to create an Australian “Blockchain Valley” with cheap fossil energy have been met with a stony reception from blockchain insiders.

Read more at GreenTechMedia.

AirSwap breaks $1 million trading volume in 24 hours

Decentralised trading platform AirSwap has handled more than $1 million dollars worth of transactions within the first 24 hours of launching. AirSwap was co-founded by a veteran of automated trading firm Virtu Financial Inc

$100,000 bounty for crypto pump-and-dump whistleblowers

The US Commodity Futures Trading Commission (CFTC) has created a bounty to encourage whistleblowers to come forward in exposing “pump-and-dump” schemes withunique information that leads to sanctions of $1 million or more are eligible.

Read more at CFTC.

Crypto exchange more profitable than Germany’s biggest bank

In the first quarter of 2018 the world’s largest cryptocurrency exchange Binance, recorded profits of $200 million surpassing Deutsche Bank’s $146 million. Today Deutsche Bank announced the loss of 1,000 jobs equating to 10% of its US workforce.

Read more at Reuters.

8% of Americans are invested in crypto

Around 8% of Americans know of cryptocurrencies according to a survey of 2,000 adults carried out by Finder.com

Read more at CNBC.

Singapore to speed up Blockchain patent processing

The Intellectual Property Office of Singapore (IPOS) has announced a new initiative named ‘Fintech Fast Track’ that aims to speed up the patent application-to-grant process for blockchain-based patents.

Read more at BlockTribune.

IBIN Introduces Blockshares to the Blockchain via International

Blockshare Identification Number 

As the DIM Foundation ventures closer to releasing their new Hybrid Stock Exchange, a trading platform based on blockchain technology, they are all set to adopt innovative features to sustain the needs of the ever growing industry.

April 25, 2018

Most people that are familiar with the Stock Market are aware of the need of acquiring an ISIN. The International Securities Identification Number (ISIN) is a 12 character code that uniquely identifies a specific security, such as stocks. It is the most popular securities identifier and is used globally.

With the pre-registration for issuers and users soon to be opened, the inaugural DIM Ecosystem introduces the International Blockshare Identification Number (IBIN), a 13 digit, unique serial number used to identify a corporation or organisation for listing on the Hybrid Stock Exchange. It will be this unique IBIN that will be used as a reference to buy, sell, trade and hold equity, with all details retained on the Blockchain. Each unique IBIN will function as the reference to buy, sell, trade and hold equity, with all details stored securely on the Blockchain.

The DIM Foundation is a non-profit organization that recently grabbed the attention of the crypto world by creating and distributing the two different versions of the DIM cryptocurrency (DIMCOIN and DIM Currencies). The Data Interchange Module (DIM) cryptocurrency is a p2p, quantity-committed, secure, private and robust digital medium of exchange. DIMCOIN is a speculative digital coin built upon the NEM blockchain protocol. On the other hand, the DIM Currencies serve as a medium of exchange in the DIM Ecosystem.

An online stock exchange, Hybrid Stock Exchange provides the small to medium enterprises a platform where they can engage in online stock and equity exchanges and access international capital from investors. Cryptonized assets such as intellectual property or company shares will be available on the HYBSE platform.

DIM Currencies and cryptonised assets can be managed across the globe via computers and handheld devices with the help of a state-of-the-art block chain wallet called DEPOTWALLET. The registration process is simple and easy because there is no need to have any banking details to open an account with DEPOTWALLET.

With the mainstream equity markets suffering from downsides such as over-regulation, red-tape, excessive fees and long waiting periods, HYBSE‘s blockchain-based platform looks to eliminate hurdles and allow issuers as well as investors to conduct business on a secure and efficient platform. Lower operational costs, transparency, quick learning, easy web interface, P2P trading, robust security, and the availability of a large pool of financial instruments are some of the many benefits enjoyed by HYBSE users. Tradable securities on HYBSE currently include cryptonized shares, cryptocurrencies, exchange-traded commodities, exchange-traded fund, index, and more.

In the coming weeks, issuers on the DIM Ecosystem will be able to apply and register for their IBIN at no charge. This limited time offer will be available until August 31, 2018. Anyone interested in finding out more may check the DIMCOIN Social Media for the upcoming announcement.

For any questions and information, please visit the DIMCOIN social platforms:

Telegram: https://t.me/dimcoinICO
Facebook: https://www.facebook.com/DIMCOINICO/
Twitter: @DIMCOIN_

About DIM Foundation: The DIM Foundation is a non-profit organization that is responsible for the creation, management and distribution of the DIM (DIMCOIN and DIM Currencies) and DIM TOKEN. All the profits received by the foundation will be utilized to further improve the DIM in order to increase its value.

HYBSE has a license of Dealers in Securities in Vanuatu with the license number 17911

Parsec Frontiers Announces Start of Token Crowdsale Opening Way to Stars Colonization

On May 15, Parsec Frontiers, an online game about humanity’s colonization of the stars and planets in the Milky Way, starts the crowdsale of its tokens. The project has already succeeded in early presale stage. The team raised more than 700 ETH in January during the closed sale round, while the soft cap for the sale was 400 ETH.

There is not much time left before the stars will be open for travellers! Galaxy exploration starts in December 2018, when the first Ark ships leave the Earth, and about 900 spaceships will frequently leave the Earth for the following three months. After this, all additional spaceships must be crafted by players. The game is planned to be feature complete in December, 2019.

“We are targeting regular space/strategy MMO game fans, to reach beyond the traditional crypto gamer crowd that buys crypto kittie tokens on Ethereum,” comments Henning Rokling, the project founder. “We are creating a full blown MMO for hardcore strategy gamers, with blockchain as an underlying technology.”

Why Parsec Tokens?

Parsec Credits will be the only accepted currency for the spaceship and space station auctions. And the crowdsale is the last chance to buy this currency, as all unsold tokens will be burned. if you are late to buy Parsec Credits, you will have to go on an exchange to get involved in the game.

To incentivize holders of Parsec Credits, a deflationary mechanism relating to all in-game value transactions will reduce the money supply in the economy. Trading exchanges on space stations and planets are either operated by the game’s backend or are owned by players who has purchased an exchange.

Every transaction on a trading exchange will be subject to a transaction fee paid by the seller from the achieved sale price. The fee has a fixed portion of 3% paid to the server wallet, and an optional portion of up to 2% paid to the exchange owner’s wallet as per the exchange owner’s discretion.

The game thus contributes 2% of all transactions proportionally to all token holders by reducing the total money supply in the economy.

More details are available in project White Paper .

Bought The Wrong Coin? CoinJanitor Can Help You Out!

Cryptocurrency markets are tricky. Despite the wealth of innovative ideas in them, most of the projects fail. In many cases, people end up buying coins that fail despite their promising concepts and technological innovation. Therefore, there is a need for a project to come into the market and recycle these valuable ideas while lending those who were unfortunate to buy into the wrong coin, a way out. That is exactly what CoinJanitor will do.

What is CoinJanitor?

CoinJanitor introduced a unique concept into the cryptocurrency markets. The idea is that CoinJanitor can buy out dead coins using its own JAN token, and give dead coin users a way to get some of the value they have in dead coins back. Integrating dead coin holders to CoinJanitor through these buy outs will create a powerful network effect by amalgamating thousands of people under the CoinJanitor umbrella.

These buy outs also allow CoinJanitor to acquire other assets that belong to dead coins, like their marketing assets, and they will put the CoinJanitor in a privileged position to analyze dead coin code and blockchain data to produce new tools with it. This will allow CoinJanitor to effectively recycle all those valuable components that dead coins have for the benefit of the CoinJanitor community and cryptocurrency markets.

How will CoinJanitor Achieve its Goals?

CoinJanitor has already started gathering data to profile these dead coins, finding out which are the most valuable dead coins out there and how it can use those assets to create more value. A key component of this profiling exercise is to define what a dead coin is. CoinJanitor came up with the following 4 main features that allow it to understand which coins are dead and which it can buy out:

  • The dead coin has a market cap of $50,000 USD or less.
  • It is a PoW – Proof of Work – coin.
  • Said coin has been given an opportunity to succeed but has failed, so it has been in the market for 2 years or more.
  • The coin is not traded on exchanges.

Once CoinJanitor starts going through the lists it has compiled with coins that fit these conditions, it will start contacting the communities and creators of those coins to establish a buy-out agreement. Then it will proceed to take over those coins’ assets and decommission them. This includes burning all the coins it acquires during the buy outs, to effectively put the targeted dead coin to rest.

The Odds of Holding a Dead Coin are High

There are many more coins that fit this definition than many would think. For starters, there are more than 4,500 cryptocurrencies out there. More than 3,000 are not traded on any exchange. That means the odds of having bought or mined a dead coin at some point are quite high. There are thousands of people out there that bought the wrong coin. In many cases these coins offered a promising idea, but they failed and died.

What are the odds that you hold one of those coins? What are the odds one of your friends owns one? There are enough dead coins out there and enough people who ran out of luck when they bought these coins. Therefore, the cryptocurrency market clean up that CoinJanitor proposes is important. So, if you are interested in this project, the network effect it will create and the potential to find value through its recycling process, join its Telegram group, follow them on Twitter check out their YouTube channel or visit the CoinJanitor website to get more information about how you can be part of this exciting opportunity!

Crypto Highlights 24/04/2018

Early investor in Tesla, Skype and Hotmail says Bitcoin will be bigger than all those combined

Speaking at the Intelligence Squared U.S. debate, renowned venture capitalist Tim Draper said Bitcoin will be bigger than his investments in Telsa, Hotmail and Skype combined, while reiterating his estimates that a single BTC will be worth $250,000 by 2022. He also said that purchasing a coffee with fiat in the future will be commonplace and that staff would laugh if customers tried to pay with old money. Draper purchased 30,000 bitcoins in a 2014 U.S. Marshals Service auction.

Read more at CNBC.

It’s a knockout! SEC charges third founder of Floyd Mayweather-backed cryptocurrency

Raymond Trapan, the co-founder of cryptocurrency firm Centra has been charged by the US SEC for masterminding a scheme which duped investors into believing they had partnerships with major credit card companies such as Visa and MasterCard. The initial coin offering raised $32 million and was endorsed by boxer Floyd Mayweather.

Read more at CNBC.

Total Market Cap smashes through $400 billion

The total cryptocurrency Market Cap has exceeded $400,000,000,000 with a 24hr hour volume of $26,591,855,442 and current volume of $418,414,019,607.

See the current Market Cap at https://coinmarketcap.com/

Iran’s banks banned from dealing in crypto-currencies

The government owned central bank of Iran has banned financial instituions from dealing in cryptocurrencies, stating concerns that the technology could be used by criminals to launder money.

Read more at BBC.

Bitcoin Lightning Network matures with record 2000 Nodes, $150K Capacity and over 7000 active channels

The Lightning Network has almost doubled its capacity in two weeks this month as more and more users expand the protocols usage.

Read more at Bitcoinist.

Incoming heavyweights – one in five big financial institutions are getting ready to trade crypto

According to a survey by Thomson Reuters, one if five institutional financial firms are planning to trade in cryptocurrencies within the next 12 months, more specifically Ethereum, Ripple and Bitcoin are among the most popular. The Bitcoin landing page of Thomson Reuters’ Eikon data terminal is the second most visited page.

Read more at Quartz.

Crypto crackdown lands India’s central bank in court

Kali Digital EcoSystems has challenged the Reserve Bank of India’s clampdown on financial institutions in the Delhi High Court, on two grounds of the 1950 Indian constitution: Under Article 19(1) (g), which allows citizens to enjoy the right to carry on any occupation, trade or business; and Article 14, which prohibits discrimination and mandates equal protection under the law for all. The Reserve Bank of India is aiming to stop other banks and institutions working with cryptocurrencies.

Read more at inc42.

Goldman Sachs explores crypto trading with new hire

Justin Schmidt has been hired by Goldman Sachs as VP and Head of Digital Asset Markets to potential head its crypto trading desk in the future. According to his Linkedin profile, Schmidt was senior VP at Seven Eight Capital and portfolio manager at LMR Partners.

Read more at Tear Sheet.

Are our feline pets behind the bitcoin craze?

A scientific hypothesis on how our feline friends infected with toxoplasmosis are driving humans to buy Bitcoin was presented at last night’s BAHFest at MIT 2018.

Read more at Reddit.

Walmart is getting suppliers to put food on the Blockchain

To improve transparency and reduce waste, Walmart is trying to encourage suppliers to use Blockchain technology. Speaking at the MIT Technology Review’s Business of Blockchain conference in Cambridge, Massachusetts, Vice President of food safety and health for Walmart, Frank Yiannas said blockchain technology was able to cut the time it took to track various types of produce to two seconds from six days.

Read more at Bloomberg.

Binance to create employment opportunities for Uganda’s youth in blockchain

The world’s largest cryptocurrency exchange Binance is planning to use its influence in the blockchain sector to help Uganda in its economic development. It hopes to create new employment opportunities for the Ugandan youth and drive investments from the blockchain sector in the East African country.

Read more at TheNextWeb.

Swiss Post goes Blockchain with Modum

Modum has partnered with Swiss Post to deliver an industry-leading, temperature-monitoring solution that enables regulatory compliance for shipments containing medical and other temperature-sensitive products.

Read more on the Modum blog.

Track crypto prices with your lightbulb

You can now reduce the amount of time spent at your computer checking the Bitcoin prices by hacking your light bulb to glow red/ green or yellow. Get the code on GitHub.

Nasdaq-Listed company Xunlei faces class-action for disguising ICO

Nasdaq-listed technology firm Xunlei has become the subject of multiple class-action lawsuits from investors who purchased the company’s digital token, Linktoken. Xunlei is accused of misleading investors to disguise an initial coin offering (ICO) through which Linktoken was distributed.

Read more at Bitcoin.com

Blockchain could help Opiod crisis

BlockMedx aims to reduce the number of opioid overdose deaths with Blockchain technology. It aims to solve the identity and security flaws that are contributing to the current crisis, specifically where prescriptions are forged and duplicated. In 2016 around 64,000 Americans died from a drug overdose.

Read more on BlockMedx’s Medium blog.

LinkedIn cofounder Eric Ly launches ICOHub to eliminate ICO scammers

Co-founder and former CTO of LinkedIn, Eric Ly recently launched Hub, Human Trust Protocol to help strangers safely interact on the internet and build digital reputations based on their transaction history.

Read more at VentureBeat.

Outlier Ventures joins the British Private Equity & Venture Capital Association

Welcoming Europe’s first blockchain VC signals the maturity of blockchain investment and distributed ledger technology

Leading blockchain and Web 3.0 venture capital firm Outlier Ventures today announces it has joined the British Private Equity & Venture Capital Association to actively engage with the British VC community on the emerging blockchain and distributed ledger industry. Outlier Ventures’ team has established significant expertise on distributed ledger technology, token economies and compliance considerations, which the firm will share through BVCA’s extensive events and community programme.

Stephan Apel, Managing Partner at Outlier Ventures commented: “The BVCA plays a critical role in building industry knowledge and best practice through its focus on training, events and research. This work leads to higher professional standards across the industry which Outlier Ventures has always been keen to bring to the emerging distributed ledger sector. We look forward to learning from the BVCA community as well as sharing our expertise on the emerging blockchain and token economy.”

The BVCA’s Venture Capital Committee Chair David Mott added: “The distributed ledger sector is a hotbed of innovation as teams focus on reimaging today’s web. Naturally this type of wholesale innovation requires appropriate funding and offers significant opportunities to our industry. Outlier Ventures has established a reputation for mature practice and deep expertise around how blockchain converges with other deep technologies, such as Artificial Intelligence. We’re excited to have them join the BVCA.”

Outlier Ventures is actively working with policy makers and the wider industry to further knowledge sharing on the evolution of decentralised technologies. The company is engaged with the All-Party Parliamentary Group on blockchain, are member of The Wall Street Blockchain Alliance and sits on Tech UK’s distributed ledger working group. The firm’s CEO Jamie Burke recently presented to the European Parliament on the evolution of Robotics and AI, his presentation is available on request.

The recently published Convergence Ecosystem report from Outlier Ventures is also now available and outlines the evolving decentralised technology stack and the emerging foundations of a new data infrastructure, which supports entirely new economic models.

###

About Outlier Ventures

Outlier Ventures was launched in 2014 as the first European VC focused on blockchain technologies. Now, with a team of 20, they help pre-seed and seed stage startups navigate the emerging token space. Their venture platform which includes academic and corporate partners, offers strategic guidance on token design, their underlying economics, compliance, as well as marketing and technical development.

Their investment philosophy is based on the convergence of decentralised technologies like blockchains and distributed ledgers with ‘deep tech’ such as artificial intelligence, robotics, the Internet of Things, and 3D printing primarily within the Industry 4.0, Smart Cities and Mobility markets.

Having already backed IOTA, a highly-regarded crypto-asset focused on securing machine-to-machine payments for Industrial IoT, and more recently Evernym and the Sovrin Foundation they plan to roll out a series of ambitious investments and strategic partnerships with their corporate and academic network. https://outlierventures.io/

About BVCA

The British Private Equity & Venture Capital Association (BVCA) is the industry body for the UK private equity and venture capital industry. The BVCA has over 700 member firms, representing the vast majority of UK-based private equity and venture capital firms and their advisers.

 

Reliving the Glory Days Has Gotten Even Better

Many love to talk about the “glory days”, the times when things weren’t so bad. The phrase can be applied to a myriad of topics, including music. Today, many long for the glory days of rock n’ roll, especially since there has yet to be another group like The Beatles, The Rolling Stones, and Led Zeppelin. Thankfully, however, there are ways for fans to relive the “glory days” because of incredible developments in modern technology.

After their drummer, John Bonham passed away, Led Zeppelin broke up, ending their “good ‘ol days”. However, it was the amazing advances in movie and DVD technology that allowed the band’s memory to be forever etched in the digital world. Their concert DVDs weren’t the first to be published, and they certainly wasn’t the last. Yet lifelong fans could enjoy a concert from their home T.V., laptop, or portable DVD device. They could in a sense relive the glory days of rock n’ roll as they pleased.

Even now, concert goers can re-experience the concert magic of their favorite modern day artists. Jay Z, Taylor Swift, and Katy Perry are just a small sampling of the artists that have live DVDs available for sale, allowing their devoted fans access to concert footage they may have never seen before. In other words, the DVD industry forever changed the way people watch concerts.

Blockchain and Virtual Reality are Changing the Game Even More

Soon, concert DVDs may be a thing of the past. The advent and growing popularity of virtual reality (VR) has put lifelike concert experiences at the fingertips of the world’s biggest fans. Brian Markwalter, a senior vice president at the Consumer Technology Association, noted, “Concerts are a natural and viable application for VR – a technology that has the potential to change entertainment as we know it… Just as VR is transforming the way we enjoy gaming and travel, VR has the unique ability to offer an immersive, one-of-kind experience – engaging audiences and tapping their passion like ever before.” Several high profile companies are heavily involved in the VR arms race, including Google, Sony, Samsung, and CEEK.

What’s more, some companies like CEEK are harnessing the power of blockchain technology to make VR experiences–including concerts–even more realistic. The integration of blockchain technology will only further the progress that’s been made in virtual reality technology over the past decade. This integration can make concerts much more affordable. Digital concerts require tremendously less overhead than a typical concert, while third parties like ticket brokers and scalpers are completely eliminated.

Lower costs for consumers don’t necessarily mean lower quality, however. Blockchain powered VR concerts give fans the unique opportunity to purchase behind the scenes looks at different live shows, including unique digital VIP experiences. Likewise, fans can use decentralized crypto tokens issued by their favorite artists to buy digital goods and merchandise. The implementation of blockchain technology gives both fans and artists access to a digital world previously unattainable. The fact that artists are able to issue their own tokens and digital merchandise adds a personal touch to the platform, creating a unique but previously impossible relationship between a celebrity and their fans.

Smart contract based systems are what allow users to trade digital goods with decentralized cryptocurrencies while also providing protection and security that evades modern transactions. Each interaction between users–musicians and their fans, or fans with other fans–is secured by a smart contract so that no fraud takes place. What’s more, smart contracts and decentralized marketplaces provide a level of transparency that the virtual good community will greatly appreciate.

In case this sounds too good to be true, CEEK actually has a live, working platform with partnerships with stars like Katy Perry, U2, and Lady Gaga. The device is available on Amazon.com yet comes at a fraction of the cost of other devices, but the same–if not better–quality. The blockchain upgrades will only make it better.

Bitcoin, Ethereum and Blockchain Super Conference II Offers Rare Opportunity to Network with Cryptocurrency and Blockchain Leaders

DALLAS, TX – Richard, organizer of the original Bitcoin, Ethereum and Blockchain Super Conference, held in February, is hosting a follow-up conference in September. Like the first conference, the second offers attendees a rare opportunity to network with many of the most respected players in the cryptocurrency and blockchain space – including developers, entrepreneurs, venture capitalists, and “smart money” hedge fund managers who are now piling their capital into blockchain assets.

Headline speakers include major industry leaders like Tim Draper (the billionaire venture capitalist who famously bet on Skype before it got bit), Mark Yusko (founder of Morgan Creek Capital Management, who manages $4.5 billion), Nick Spanos (founder and CEO of Blockchain Technologies Corp.), and Lyn Ulbricht (CEO at Ross Ulbricht Defense).

When asked why he decided to organize a second conference, Mr. Jacobs responded: “So much has changed in the crypto space since February. There are a lot of new threats and new opportunities that nobody seems to be talking about. So, we decided to bring together dozens of the most respected players again, and some who couldn’t make it last time, so they can fill in investors on the latest developments.”

Mr. Jacobs continued: “What people really loved about the last conference was the networking. We had a ton of exhibitors outside, so it partly felt like being at the Consumer Electronics Show, but for crypto and blockchain. We had a lot of great speakers too! Folks said they learned a lot. But what they loved most was the chance to spend three days with a bunch of other smart people, making valuable connections, talking shop, exchanging blockchain investment ideas, and even creating joint ventures.”

The second Bitcoin, Ethereum, and Blockchain Super Conference is expected to have over 1,000 attendees, 70 top-notch speakers and 100+ exhibitors from the world of cryptocurrency, blockchain, and, in a few cases, other future techs – as well as talks from ICOs and blockchain start-ups.

Tickets are now available here:

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 Kay Bailey Hutchison Convention Center at Dallas from Friday September 14th to Sunday September 16th, 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 last 2018 and 2019.

 

More information is available at:

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

Crypto Highlights 21/04/2018

Coinbase bans WikiLeaks Shop

CoinBase has kicked WikiLeaks Shop from utilising its payment processing service without any real explanation citing that they’ve engaged in prohibited use in violation of its Terms of Service. It seems like PayPal all over again.

Flixxo celebrates +10,000 hours of content

Community based video distribution platform Flixxo has confirmed in a blog post that more than 10,000 hours of content in 15 languages for was committed in June. Most of this content has never been published on YouTube or any online platform.

Read more on Flixxo’s Medium Blog here.

Crypto ban review ordered by The Supreme Court of Russia

Back in 2016 the Vyborgsky District Court of St. Petersburg blocked Bitcoininfo.ru stating the information present on the website undermines Russia’s legal currency. The Supreme Court of Russia has now ordered the court to review the decision, it has already declined to review previously.

Read more at Bitcoin.com.

Robinhood exchange expands to Colorado

Zero-commission cryptocurrency exchange RobinHood expands services to Colorado.

Read more on CCN.

Crypto Trade Group Pressures SEC to Exempt Ethereum From Security Classification

An alliance of lawyers, venture capitalists, and entrepreneurs have recently met with the US SEC to petition for the creation of cryptocurrency “safe harbors” for specific cryptocurrencies and tokens, including Ethereum.

Read more at CryptoSlate.

Taiwan will roll our crypto regulations

According to Taiwan’s Central News Agency the Taiwanese Minister of Justice, Chiu Tai-san, has said the country will roll out regulations for cryptocurrencies to prevent them being used for money laundering, these upcoming changes are rumoured to be targeted at exchanges.

Read more at CoinTelegraph.

EU Parliament Votes for Tighter Crypto AML Regulations

Members of the European Parliament decided to vote in favour of tighter crypto AML regulations. These anti-money laundering reforms will include closer regulation for cryptocurrencies. 574 members voted in favour of this, with only 13 votes against and 60 abstentions, according to an EUP press release.

Read more at Russia Today.

Macau Monetary Authority Issues Warning On Crypto Following Criminal Ties To ICO

In a report by the South China Morning Post, the Monetary Authority of Macau has issued a warning to the public regarding fraudulent activities based around the use of cryptocurrencies.

Read more at South China Morning Post.

Amazon Web Services Releases Blockchain Frameworks For Ethereum And Hyperledger Fabric

Amazon cloud platform service has recently introduced its Blockchain framework for Ethereum (ETH) and Hyperledger Fabric allowing users to build and manage their own Blockchain-powered decentralized applications (DApps).

Emirates NBD bank goes live with cheque blockchain project

Emirates NBD, Dubai’s biggest bank, has become the first to successfully go live at scale with “Cheque Chain”, a blockchain technology project that aims to cut cheque-related fraud.

Read more at Arabian Business.

Thieves use bear spray to rob BTC ATM

Texas police have released CCTV footage of two males who robbed a Bitcoin ATM using capsaicin bear spray to disable the store clerk.

Watch the robbery on Youtube.

Deloitte proves Iconomi’s solvency

Deloitte has verified Iconomis solvency consisting of $133.6M of liabilities and $210.2M of reserves, distributed across 80 digital assets.

Read Iconomi’s Medium Blog here.

AirChain Network Introduces Mobile Application to Make Air Freight Sector Transparent, Safe and Flexible Like Never Before

AirChain Network , a blockchain powered ecosystem designed especially for the air freight sector, is all set to revolutionize the industry by addressing long standing  problems such as transparency, safety, and flexibility. The platform’s mobile applications are currently available for download via the App Store and Google Play.

Warsaw, Poland April 16, 2018

AirChain Network is pleased to announce the official launch of their mobile application via the App Store and Google Play. The company reveals that the beta version of AirChain Network has also gone live recently. This blockchain powered ecosystem has been built by a team of experienced developers and blockchain experts with the intention of making the air freight sector more efficient by bringing transparency, safety, and flexibility.

The global air transportation industry is a huge sector that plays an important role in people’s lives as well as industries all over the world. However, the constant increase in fuel price in the recent years has led to a situation where the air cargo is often beyond the financial capacity of an average individual, business or enterprise. At present, many companies are also reconsidering the use of air freights because of the rapidly rising security issues. Making things worse, this industry has always lagged behind in terms of transparency and the adoption of innovative technologies.

AirChain Network has built a simple yet comprehensive ecosystem that provides access to the sophisticated tools and techniques of the freight industry without the stress and price. They are creating business opportunities for the investors by providing them free and direct access to a huge range of offers that were previously available only to the institutional investors. The goal of the network is to help the business and logistic companies deliver goods and services efficiently, while the use of blockchain technology removes duplication, ensures distribution and enforces transparency. The investors and businesses using AirChain Network are able to exchange goods and services for fiat or cryptocurrency in a transparent, tamper proof and immutable distributed ledger.

“Let us assume that Tom is flying from Berlin to Seoul and has 5kg of portable luggage available. Maria, living and working in Berlin, wants to send her friend in Seoul a 5kg gift parcel. If Maria sends her parcel by conventional means of transport, the cost will be quite high and the waiting time will be long. AirChain ecosystem allows Maria and Tom to meet and exchange their needs,” explains a senior spokesperson from AirChain Network.  “Maria’s package arrives at his friend’s place for the best cost, safely and quickly. Tom, on the other hand, earns an income without any effort due to the sale of his empty baggage.”

The use of the just launched mobile application from AirChain Network involves the following simple steps.

  • Choose location: Customer selects the arrival and departure of the package.
  • Start a conversation: After selecting the most appropriate traveler, the customers can start a conversation and finalize the deal.
  • Check the package: Traveler receives the package and starts the trip
  • Delivery of the package: The customer receives the package.

Using this mobile application, it is possible to track the parcels, goods and services sent over the network. The users will also be able to add friends, family and others and easily send and receive coins from people on the friend list. The app’s encrypted chat function allows the users to chat with their contacts.  There is also a 100% secure wallet to wallet chat function. The review history of all users can be seen, helping them build credibility on the ecosystem.

The ANK token is the proprietary utility token of AirChain Network that allows the community members to send parcels on the ecosystem and make more income. Using the ANK token, it is possible to pay for parcels fee and exchange parcels and income on a peer to peer level without intermediary or regulatory fees. Before a contract, the sender and receiver are required to go through a KYC/AML process conducted by a reputable third party.  Once the order is accepted, smart contact for both sides is executed by the ANK application and committed by the ANK token. The senders receive the ANK tokens in their wallet after the recipients receive their package and confirm the same.
To find out more about AirChain Network, please visit https://airchain.network/

About AirChain Network: AirChain Network is a designed especially for the air freight sector. Its blockchain powered ecosystem addresses the most critical problems of the industry such as transparency, safety, and flexibility. AirChain Network has recently introduced their mobile application in two different versions for the Android and iOS versions.

Contact:

Marcin Tn
[email protected]

Website: https://airchain.network/