Author: CoinSpectator

The Business Molodost company announced the release of the beta version of the vault for the BMCHAIN ​​project. The functionality of the solution will be built on the basis of the mobile application BM Radar, an online messenger that is used by more than 25,000 entrepreneurs around the world.

The developers have already presented the preliminary interface of the first version of the “Wallet” section, which will be available for iOS and Android operating systems.

The functionality of the wallet allows you not only to start working with tokens, but also to perform a full cycle of operations, including deposits and transfer between users and their accounts.

Now BM Radar messenger is used by tens of thousands of people around the world. For another 33,000 people who receive BMT on the BM platform the application will be available by the end of November.

The solution itself combines the advantages of a messenger and online banking, the elements of which are planned to be implemented in the future as a system of settlements between companies and buyers. In addition, the user will also be able to view the history of transactions and exchange messages, as well as a database of information and support services.

In the future, the application will include a showcase of special offers in the form of cards with the goods and services which can be bought for BMT tokens.

According to preliminary forecasts of the developers launching their own wallet may optimize the process of popularization of the token among users of the future platform and increase the circulation of the currency itself, since there is currently no single centralized solution that would cover the needs of the token holders.

Experimental testing of the mechanics of the first version of the BMCHAIN ​​platform, which will be released at the end of this year, is now being developed on the BM platform, where users receive tokens for writing posts and voting. The tokens are charged to both content authors and those who vote for the most interesting materials. In total, more than 33,000 active users are involved in the experiment.

The release of the test version of the BMCHAIN ​​platform was decided to be postponed to an earlier time than originally planned, due to the optimization of the development process and the demand of the target audience, as well as the need to popularize the token after entering the exchange.

Implementation of such a large-scale scope of work in a short time and updating to the level of mass consumption became possible due to involvement of the Business Molodost community of many thousands of users with real demand for the creation of a powerful self-developing infrastructure. The purpose of the experiment on the BM site was to find out the viability of the project as a whole, proving the possibility and value of using blockchain by tens of thousands of advanced Internet users. A sufficiently high involvement in the project of people previously unfamiliar with the phenomenon of cryptocurrency, showed that the launch of the platform can be implemented to a wider audience of users, and then to the global market.

Initially, the platform for social interaction BMCHAIN ​​will be built on the basis of the Steem core and later transferred to its own blockchain for the introduction of enhanced functionality of the reputation system.
In the first version of BMCHAIN ​​will be involved two units – a reputation score and BMT token. The user’s reputation will be built on the votes of other participants who vote for the content and is a multiplier of charging tokens and monetizing the utility. In the future, when forming the rating, it is also planned to take into account the activity scale in order to stimulate a constant flow of users and increase the project’s capitalization.

The following versions will be based on a more advanced reputation system, which will create an effective model of interaction between customers and performers. Users will be able to quickly and virtually free to find proven contractors, and consumers – to apply for services to a particular company.

Thanks to the advantages that the environment provides, it will be possible not only to monetize the time shown in the Internet space, but also to make the qualitative construction of business and human relations profitable primarily from the economic point of view.

Users will be able to sell the received tokens on the exchange or use them for purchasing goods or services of BMCHAIN partners, and store and transfer to other users with the help of a new wallet.

It is expected that the BMCHAIN ​​network will involve thousands of partners – restaurants, cafes, shops and companies that provide various services. These companies will accept BMT tokens for full or partial payment for their goods and services. Agree, it’s great to write a couple of good posts about the development of your business, get a few hundred tokens for them and have lunch or take a taxi for free?

Another option on the basis of BM Radar will be an option that allows you to thank other users via connection of phones.

“Our goal is to provide the first sales to the partner network of coffee houses and restaurants using our application completely in the legal field together with the BMCHAIN project. Thus, creating an example of a new loyalty system and an ecosystem of tokens with their use on an everyday basis. Anticipating possible remarks that there are places that accept Bitcoin already, I note that in our case such implementation will have a positive economy for the payer, ” says Alexander Sagoun, the executive director of Business Molodost, a partner company of the BMCHAIN project.

Now the BMCHAIN team is actively preparing to launch the first version of the project, in the public testing of which thousands of people can take part. The source code for the platform will be posted on GitHub in a few weeks.

Tipped to be one of the most exciting Blockchain startups of 2018, Quantstamp is the first security protocol designed to locate bugs and vulnerabilities in Ethereum smart contracts.

Given the growing number of smart contracts issues that are cropping up (DAO, Parity, gas issues etc) the Quantstamp protocol will play a crucial role in bolstering the Ethereum platform and the token ecosystem as a whole.

The protocol will thwart accidental and malicious smart contract abuse as well as identify/ optimise low quality code resulting in safer, more standardised contracts that can be audited, certified and assured.

The Quantstamp team is made up of Blockchain experts and well known advisors who collectively hold over 500 Google Scholar citations. These include advisors like Evan Cheng, Director of Engineering at Facebook.

Quantstamp has been accepted into Y combinator’s 2018 Winter Class and will carry out a three-month funding cycle which is to be held at start of the new year until. Quantstamp team members will also move to San Francisco to work closely with the many experts at Y Combinator to develop the project further.

There are an estimated two (2) billion people in the world who remain unbanked and underbanked. That’s roughly a quarter of the entire planet’s population who have little to no direct access to financial services most commonly found in banks and formal lending institutions.

Financial exclusion refers to the inability of individuals or communities to gain access to the formal financial services provided by banks and financial institutions. This results in a lack of affordable and accessible credit to the masses. In Southeast Asia, approximately only twenty-seven (27%) of the entire region are financially included, leaving the rest with little to no defense in times of economic crises.

WHAT IS HEROTOKEN.IO?

Hero will build a blockchain-based credit algorithm and lending platform called the Hero Capital Market Platform. This platform will facilitate the participation of borrowers, lenders, originators, servicers, legal counsel, vulture investors, payment providers, and rating providers to promote the Hero Vision of promoting financial inclusion, transparency, and efficiency in capital markets across Southeast Asia.

Hero will be launching its own cryptocurrency coin called Hero Origen Token built as an ERC20 token on the Ethereum blockchain and is identified through the ticker symbol HERO. The tokens will provide membership and access to the Platform and is not a security or a financial instrument under the laws of Switzerland and the British Virgin Islands. It will be a Blockchain based collaborative platform to enable securitization of financial products as token issues from borrowers in Southeast Asian markets to investors globally.

Holders of 200 Hero Origen Tokens will be provided with the following perpetual benefits which won’t be made available to future holders:

1. Preferential access to opportunities to provide credit and equity financing to individuals and businesses in emerging markets to earn risk adjusted market returns;
2. Pro-rata right of first offering on funding opportunities on the Hero Capital Market Platform.

WHO IS BEHIND HERO?

The award winning organization behind HERO started operating in the Philippines in 2015 as PawnHero, offering collateralized loans using an online platform, and since then has been helping thousands of Filipinos obtain access to affordable credit.

PawnHero already has a central bank license, a working product and thousands of customers, but taking the industry to the next level requires more capital to scale its impact. By issuing Hero tokens, token holders will benefit from PawnHero’s future success.

ABOUT THE TOKEN SALE

HERO will conduct a ‘presale’ which allows early investors to buy tokens prior to the actual token sale and receive bonuses in return for a minimum amount of contribution. During the pre-sale, Hero will offer 80% of all tokens to be created for purchase by the public in the Hero Initial Coin Offering under the ticker symbol Hero. The remaining 20% of all Hero tokens will be distributed to early believers, advisors and founders.

Hero is poised to disrupt the lending industry and help those who financial help the most. The future of lending belongs on the blockchain and Hero is the future of banking in Southeast Asia.

The ICO for Connectius, a project that intends to change the e-commerce world, will continue through December 20.

In 2016 approximately 8% of e-commerce revenue was lost to fraudulent activity, and almost 40% of all attempted transactions did not result in purchases. As a result, members of the industry are forced to spend at least 5% of their revenue on ensuring their own financial security and defending themselves from malicious consumer activity.

“The e-commerce market is quite dynamic, and the existing problems force business founders to stomach significant losses,” says Aleksey Nosikov, Connectius cofounder and CAO, a real estate investor and founder of several companies. “As direct participants in the industry, we decided to offer the market effective blockchain-based solutions.”

Connectius is a blockchain-based SaaS platform for e-commerce that can be integrated into any retail platform. Three types of users interact in the Connectius ecosystem: consumers of goods and services, who place orders within the system; suppliers, who provide these goods and services; and arbitrators, who resolve complicated situations between other users. Connectius increases transaction transparency, decreases losses for all system participants from buyers acting in bad faith during chargebacks and cardless transactions, lowers the risk of misuse of client data, and creates a rating system that increases trust in retail platforms and makes them more appealing to users.

The idea for the project was hatched in 2016 by a group of blockchain enthusiasts. The first Connectius-based mobile app, Connectius Experts, has already been developed. Using geolocation and smart matching, the app compiles a list for the user of sellers ready to offer the service they need. The beta version of the app will be released in December of this year. The final integration of all the products will take place in the first half of 2019.

Funds for further development of the project are being raised through an ICO. The plan is to raise $31 million.

“We are looking to launch the project very quickly, which is why a crowdsale is what will allow us to effectively solve this problem. In addition, tokenization is a completely natural process for our ecosystem, where tokens are the universal means for all transactions,” says Vasily Kozlov, blockchain enthusiast and Conncectius founder and CEO.

ICO participants will be able to use tokens to purchase specific goods and services from suppliers participating in the system. The cost of goods and services will be given in US dollars, which will be instantaneously converted into tokens by an external service. The Connectius Token (CNT) will be used as a means of value exchange for payment not just within the system, but also in apps based on the Connectius platform.

Before November 15 tokens can be purchased at a 15% discount, and through November 20 the discount will be 10%.

Company website: https://www.connectius.com

This week, Marcus Andrade, the creator of the revolutionary new digital currency AML BitCoin and CEO of NAC Foundation, held meetings with Slovenian and Estonian officials to discuss the potential uses and advantages his patent-pending blockchain-based platform offers their respective governments.

The negotiations in Estonia coincided with the EU Digital Summit held in Tallinn. According to Andrade, he had very encouraging conversations with the Estonian e-Residency team; their county has been contemplating issuing its own digital currency, the ESTcoin.

The talks, which involved numerous Estonian lawmakers, including Kalle Palling, a key Parliamentarian pushing the digital commerce agenda, also touched on the intense interest several countries’ governments expressed with regards to working with AML BitCoin, which they see as the solution to original bitcoin’s vulnerabilities and security issues.

“Unlike the original bitcoin, AML BitCoin is designed to address anti-money laundering (AML) and know your customer (KYC) issues. We developed AML BitCoin to meet the most stringent banking safety and security regulations, which makes our digital currency ideal for mainstream market, right alongside traditional payment options,” said Andrade.

Marek Pajussar, a representative of the Estonian Financial Supervision Authority, indicated his agency’s awareness of and strong interest in AML BitCoin’s AML and KYC features.

In Slovenia, Andrade met with Boris Koprivnikar, the Slovenian Deputy Prime Minister and Minister of Public Administration. Minister Koprivnikar expressed his support of blockchain as the technology of the future and asked Andrade about the potential for a wider application of AML BitCoin’s identification capabilities. Minister Koprivnikar is a strong advocate of innovations in public administration.

“AML BitCoin offers a unique set of user identification advantages. We developed sophisticated verification methods, which include patent-pending biometric digital identification. This our proprietary technology – something no other digital currency or financial technology platform can boast. This makes our solution ideally suited to be used by governments wishing to digitize their services while also protecting the identity of their users,” explained Andrade.

The meeting with Minister Koprivnikar was very productive, with Minister confirming his agency’s optimism about the new currency. Mr. Andrade also met with key Slovenian lawmakers, including Deputy Matej Tonin, one of the representatives lobbying for cyber security regulation, who questioned Andrade about other governments’ approaches to regulating blockchain and digital currencies.

“Several countries have recently expressed their opposition to anonymous digital and cryptocurrencies, such as bitcoin, because they believe that their inherent anonymity opens the door into otherwise secure financial systems to criminals and terrorists. The U.S. Congress is currently debating the legislation to ban the use of anonymous, non-AML compliant cryptocurrencies by U.S. businesses,” offered Andrade.

The meetings concluded with Andrade and his counterparts from Estonia and Slovenia – two countries on the forefront of the European Union’s technology explorations – expressing their interest in future collaboration. NAC Foundation is hopeful that these two countries will decide to join other national governments in introducing the safe and secure AML BitCoin in their financial systems.

• The Blockchain Development Company (BCDC) is targeting regular investors with first token sale
• 64 million tokens sold at presale & 125 million tokens sold at main sale, equating to £78m of BCDC Tokens
• BCDC offers investors access to three projects via the BCDC Token: EcoChain; RecycleToCoin and FoodTrax
• Tokens generate access to projects as well as their increased value

The Blockchain Development Company (BCDC – a member of the Enterprise Ethereum Alliance) has today announced that the countdown is on until the launch of its very first token sale. The company, via Blockchain, is offering investors the chance to purchase tokens which as well as increasing in value themselves, allows them access to three humanitarian projects: EcoChain; RecycleToCoin and FoodTrax.

The firm recognises that token sales are, at present, a challenging environment. However, with global law firm Clyde & Co as its counsel – who act for BCDC only – the firm wants to use this token sale to highlight the potential of this type of investment to a wider audience.

The process, as it is now, excludes traditional investors who may wish to take part in a token sale either because they “don’t know how to” due to a lack of technical skills in setting up a “wallet” or simply don’t want the hassle of setting something up.

Rather than exclude the 90% of traditional investors who do not want to have to go to this hassle, BCDC is building a Token Vault. The BCDC Token Vault will make it easy for those unfamiliar with blockchain technology to purchase BCDC Tokens in its token sale. The Vault will automatically store purchased BCDC Tokens and is accessible by a traditional and familiar online login screen/portal format. Each individual can then choose what to do with their tokens. BCDC’s token allow investors access to the BCDC investment projects whilst also accruing value themselves. The projects themselves produce ROI directly back to the investor, or alternatively, said investors can transfer them out when “wallets” become a little more consumer friendly.

BCDC is committed to showing the benefits of blockchain technology to traditional investors, whilst also sourcing investable projects that have a positive impact on the world. The business is the first of its kind to offer cryptocurrency investment products that facilitate community projects. These projects are EcoChain; RecycleToCoin and FoodTrax.

• EcoChain – this is a blockchain based investment hub and central project comparison tool, which directly connects investors to renewable energy projects around the world, allowing them to gain long-term ROI.
• RecycleToCoin – this project, currently under development, will see BCDC tokens actively reward recycling. The firm is in talks with national charitable organisations in the UK and will launch before the end of the year to allow consumer to trade in plastic and cans for BCDC tokens & eGift Cards.
• FoodTrax – BCDC is passionate about enabling transparent supply chain management in the food industry. BCDC will offer an online and fraud-free tracking system from farm to store.

BCDC Tokens are access/utility tokens but BCDC believes investors will make strong, separate, returns on their investments via accessing EcoChain projects with them and thanks to the blockchain technology, are able to monitor their capital throughout.

They can also trust in BCDC’s commitment to transparency as a business. The partnership with Clyde and Co allows BCDC to be one of the leading blockchain companies when it comes to self-regulation. By bringing on a recognised team of legal experts in this field, as well as having the most stringent self-imposed KYC procedures available it will allow them to approach traditional investors who have been cautious to date.

Presale tokens are currently on sale to investors on the BCDC website, here, allowing investors the opportunity to receive a discount based on their purchase amount. At main sale, due to launch on November 21st and ending one week later, investors will be able to purchase 400 BCDC Tokens per ETH.

Gordon Cowan, CEO, BCDC, said: “Token sales have been a challenging environment for traditional investors. We recognise that we’re launching into a market with a troublesome reputation, but want to tackle it head on with the first genuine token sale with immediate investible initiatives. Too long, the benefits of a cryptocurrency investment has been the focus of specialist crypto investors – we believe general investors will be interested in our offer; and have simplified entry via our Token Vault where no digital wallet setup is necessary. We’re passionate about only investing in initiatives that use the money for good. We have developed the three projects, EcoChain, RecycleToCoin and FoodTrax, for that very reason. All three will make a positive difference to environmental and humanitarian issues and underline exactly what we want to do with this investment.”

SmartPlay.tech platform announced the launch of production of SmartBox gambling machines working on Ethereum smart-contracts with the implementation of new game mechanics, interesting for traditional players.

One of the main advantages of a new device is the possibility to receive unlimited bonuses not only from your own bets, but also from all subsequent bets made by other players. Transparency and honesty of this process are guaranteed by a smart-contract, which cannot be changed even by its owner, since the blockchain guarantees the permanence of data and the game code.

This is a completely new solution in the gambling industry, which has no analogues in the market, in which smart-contracts algorithms will be used to implement the traditional slot machines game process.

For the development of SmartBox software mechanics of already working game product SmartRoulette are used. This is European roulette, successfully launched by the SmartPlay.tech platform at the beginning of the year, during ICO of which in just 3 days about $ 1,000,000 have been collected at the current exchange rate.
To date, SmartRoulette is a provably fair game in which the game process and random number generation are completely transparent and managed by smart-contracts, thereby achieving such competitive advantages as complete immutability of game mechanics and provably random result generation.

As an additional privilege, SmartRoulette users are given the right to become the platform co-owners and receive regular dividends from the project’s profit. RLT tokens are credited for each bet on the player’s account, and when tokens are accumulated, the player automatically begins to receive an interest on all active users’ bets.
SmartPlay.tech is one of the few blockchain projects, that in just six months of its existence fulfilled the submitted roadmap by 80%. 12 of the 15 tasks set at the very beginning of the platform launch, have been already done by the moment. The active platform development was slowed by the ETH rate growth, which led to the Ethereum network commission for processing one bet raise in price from several cents to several dollars.

Thus, with an average profitability of roulette on smart-contracts from a single bet (transaction) of 2.7%, the network commission before the growth of ETH rate ranged from 0.5 to 0.8%, which made it possible to accumulate profits and charge each player with project tokens, guaranteeing profit from all bets. The ETH rate growth led to the fact that the Ethereum network commission grew to several dollars and amounted to more than 3% of the minimum bet. This made the game process unprofitable, because in order to maintain its profitability, it was necessary to raise the minimum bet to several hundred dollars, so that the network commission from the bet amount fell below 2%, which is completely beside the purpose, since players ready to make minimum bets of hundreds of dollars almost do not exist.

The project team has always emphasized that they develop a solution not for advertising and pump, as it is now widely accepted in the market. But as a normal business, which must have an understandable, verifiable scheme for generating profits and an engineering model that guarantees the operational profitability of the project. After the last update of “Byzantium” on the Ethereum network, the transaction processing fee of the gambling smart-contract has dropped to a few cents and now is less than 0.5% of the minimum bet. In connection with this event SmartPlay.tech renews the project active promotion and its access to the global market.

Unfortunately, now it is customary to earn on expectations in the market of smart-contacts developers. It’s like a demonstration of a machine that can move, and it’s presented as revolution and magic. However, the very fact that every mile of the car’s movement demands one liter of very expensive fuel, making the process of using such a machine economically unprofitable, the authors of the projects modestly omit.
Now SmartPlay.tech consists of two online roulettes demonstrating daily activity and volumes. To date, RLT token holders have been already paid about $140,000 of dividends, the total number of bets has exceeded one and a half million, and the total turnover of only blockchain roulette reached 7088 ETH.

What are the prospects for such novelties in the global gambling market? According to the financial analysts’ forecasts, the annual industry volume will increase up to $59.79 billion by 2020. It means that the number of online casino players will grow along with the need for high-quality entertainment service that meets the standards of the gambling industry.

For any player, the question of fair game process, which excludes the possibility of fraud on the part of the casino, is in the first place, because only in this way you can expect the receiving of a prize that depends solely on the skill and luck of the user. Thanks to the new blockchain technology and smart-contracts, the deception of the player is completely excluded, which means that the development of this direction will be accompanied by a massive transfer of online players to casinos built on the basis of blockchain technology.

Considering that most players who want to give their choice to an honest casino is not familiar with the market, after the release of a new roulette version that does not require the system registration and the installation of third-party extensions, the founders decided to develop the real blockchain machines.

It is expected that the production of new gambling machines will not only positively affect the popularization of the project, but will also become a real breakthrough in the gambling market. SmartPlay.tech already plans to launch a mass production of blockchain machines for the real gambling sector and conclude a number of agreements with major casinos around the world. The introduction of such a novelty in traditional gambling establishments will attract a lot of new visitors, who will have a chance to receive unlimited bonuses from all subsequent bets of other users by making a few bets, controlling the process remotely and having the opportunity to convert bonuses into real money.

In a gambling business, such a decision can significantly optimize transaction costs, which means that the process itself will become more accessible and attractive for a large number of people. This is explained by the competitively low transaction fees, which have decreased by tens of times after the recent Ethereum hard fork, which made the game cost-effective for both the operator and the player. After renewal the commission fell to 1-4 cents, so that all potential income of the casino and the investor becomes stable, and the game process – profitable.

All these advantages will be used in the SmartBox blockchain machines. An additional advantage will be the possibility of making deposits both with cash and a bank card. In the future, developers plan to connect the NFC contactless payment system.
A demonstration model of the gambling machine will be presented in the exhibition area of the Blockchain & Bitcoin Conference, which will be held from November 15 to 16, 2017 in Moscow. Already now pre-order of new blockchain terminals with the starting price of $4000 is available on the site smartplay.tech.

Start-up from the heart of Berlin has pioneered decentralized mobile mining by combining blockchain with regenerative energy

Envion AG has created a technology for the first truly mobile data-center that uses low-priced local energy to mine a broad spectrum of cryptocurrencies (Bitcoin, Ethereum, etc.). By harvesting locally available clean energy right at the source, envion can operate at lower costs than competitors and at the same time reduces the CO2 footprint of the blockchain industry. Envion aims at decentralizing the highly-concentrated mining market (China holds 80% in Bitcoin mining) and at bringing control of the market back to the users. That’s why envion gives 100% of its mining profits back to its community.

Current challenges in the energy and blockchain industries

The blockchain industry is suffering from an ever-increasing energy demand. This can mainly be explained by the fact that transactions take up high amounts of mostly fossil energy. At the same time, Envion sees an ever-increasing production of clean regenerative energy, which frequently gets lost due to maxed out energy grids. This results in locally available excess energy, as solar power plants produce overcapacities. These overcapacities can now efficiently be used by envion’s innovative mobile mining units.

Envion’s solutions

Envion has developed fully automated (“industry 4.0”), mobile mining units (MMU) inside standardized intermodal shipping containers that can be shipped to virtually any location in the world within days or weeks, decentralizing the blockchain infrastructure. Envion mobile mining units are designed and built to operate at remote locations near energy sources such as solar plants, wind turbines or hydropower plants. This allows envion to make use of energy overcapacities in a profitable setting. The mobility of the MMU furthermore allows for targeted placement of the units at sites requiring thermal energy and can be used for heating. This way, envion recycles energy consumed in the MMU for external heating purposes in buildings or greenhouses and achieves revolutionarily low electricity prices.

Envion’s MMUs can be integrated into a smart grid and flexibly move energy demand closer to energy supply and hence, take the burden off the grid.

Investment opportunities

Envion’s ambitious goal is to have the lowest cost structure in the blockchain mining industry. By combining GPU-based mining with ASIC mining, investors in EVN tokens receive a 161% ROI after administrative deductions, according to envion’s whitepaper. Its unique position as the only truly mobile mining operation combined with a tested, optimized and streamlined technology puts them among the top players, even in this highly competitive market – but with considerably lower risks involved. The key aspect here is that, following a community-approach, 100% of mining profits will directly go to the EVN token holder community. 75% of this will be distributed to token holders on a weekly basis, the remaining 25% will be re-invested in MMUs to keep on growing the profits for the community. The pioneering company does not stop here, however, they construct and operate mobile mining units for third party operations as well. This means that third party investors acquire envion hardware, while 35% of these profits go directly to EVN token holders.

Altogether this looks like the best way to invest into the high dividend blockchain industry and at the same time minimize risks as envion is not dependent on a single market player.

The investment period (ICO) starts Dec. 1st, 2017. Visit www.envion.org for more information.