Category: Contributions

Digital Insurance Provider on Blockchain, Black Insurance Ropes in Professor Alex Norta as the Scientific Advisor – Black Insurance

Fintech expert, scientist, and blockchain visionary Professor Alex Norta has joined forces with the upcoming digital insurance company on blockchain named Black Insurance, helping them with their technical whitepaper. The goal of this platform is to empower the insurance brokers by connecting them directly with capital, allowing them to launch their own virtual insurance companies.

Tallinn, Estonia May 17, 2018

Black Insurance is delighted to announce that the company has recently engaged the renowned scientist and technology expert Professor Alex Norta as the Scientific Advisor for their upcoming blockchain venture. As part of the team, Prof. Norta will help Black Insurance write their scientific whitepaper. Black promises to be a gamechanger in the world of digital insurance by using the blockchain to transfer risk directly from clients to financial backers.

In spite of its immense potential, the global insurance industry faces several serious challenges. The products are created by insurance companies, allowing many different parties in the system such as the re-insurers, insurers, MGA’s, agents, brokers, third parties and wholesale brokers. Therefore, launching an insurance product takes a lot of time. As a result, the insurance brokers with a thorough understanding of the market fail to deliver the desired product fast enough. The involvement of too many parties also results in high costs and barriers in entry.

As a licensed insurance company, Black proposes to solve the current inadequacies of the insurance industry by providing insurance capacity to agents, brokers and MGAs, enabling them to launch their own virtual insurance companies.  The platform will eliminate the traditional overheads of an insurance company while using blockchain as the main platform to get rid of the centralized insurance companies.

Some of the key benefits of Black Insurance include

  • Minimizing all inefficiencies
  • Secure storage of data in blockchains
  • Business operations using smart contracts
  • Faster innovation by platform members

The new Scientific Advisor for Black Insurance, Professor Alex Norta is the owner of Norta & Partners, offering holistic consultation and software development service in the field of blockchain technology. He has advised and written whitepapers for many successful blockchain projects such as: Neo, Qtum, Cedex, Datawallet, Cashaa and many more. In the past, he has worked as a post-doctorial researcher on the SOAMeS project at the computer-science department of Helsinki University. His research on a PhD about dynamic inter-organizational business process collaboration was featured in an FP6-EU research project called CrossWork.

“The insurance industry today is slow with bringing products to market because of excessive bureaucracy that distorts free-market mechanisms to the detriment of customers,” explains Prof. Norta.  “Blockchain technology is a means to replace this excessive bureaucracy with a novel control mechanism that is much cheaper, faster and more trustable. Thus, the insurance industry can start to meet the markets needs quick and in a cost effective way.”

The concept derived by the team Black Insurance has already gained momentum in the global blockchain community. Earlier this year, the company participated in a panel discussion about regulations on blockchain in EU and Estonia at the Tallinn Blockchain Conference. The team also secured the second place at the recently held d10e Tokyo ICO Pitch Competition, with their idea and vision receiving great feedback from the eminent participants. In the days to come, Black Insurance will take part in numerous poplar blockchain events and conferences across the globe.

Highlighting the potential of Black Insurance, the company’s founder Risto Rossar said, “I have been in the insurance industry for over eighteen years and I realized that I don’t care about insurance. In fact, no one should care about insurance. It should be as simple as breathing and work without customers having to worry about it. We can solve a lot of inefficiencies through technology and will disrupt the insurance industry from the inside, building a seamless process that customers don’t have to deal with.”

To find out more, please visit https://www.black.insure/

About Black Insurance: Black is a digital insurance company on blockchain. The platform connects insurance brokers directly with capital, enabling them to launch their own virtual insurance companies. Black looks to make the global insurance industry more efficient by removing the third parties from the value chain.

 

Contact: Liina Laas-Billson

Website: https://www.black.insure/

Email: [email protected]

Counterfeiters in Asia to face challenges from Artificial Intelligence technology

16 May, 2018. Tallinn, Estonia 

Neuromation strengthens its position in the Asian market and announces the start of cooperation with Linfinity.

Under the partnership, Neuromation will process and analyze data for Linfinity’s blockchain and IoT-driven supply chain solutions. Neuromation will also produce large-scale synthetic datasets for further development of AI-powered production management and consumer behavior solutions for use by Linfinity.

The partnership’s first product will focus on one of Asia’s most notorious problems – counterfeits. According to a 2016 joint report by OECD & EUIPO, the global counterfeit goods market accounts for nearly half a trillion dollars annually. Most of the fakes, over 85% according to the report, come from Asia.

“Counterfeit products are a problem not only for manufacturers and distributors, but for consumers as well. We all pay the price for fake goods. With Neuromation’s expertise in data and AI, and Linfinity’s expertise in blockchain-based supply chain systems, we will provide the technology needed to identify and remove counterfeit goods, at scale.”

The primary solution will collect, record and analyze data at every link in the chain, from raw material suppliers, manufacturing facilities, carriers, distribution centers, points of sale – and from consumers themselves. The net result is an immediate recognition of authentic products for all participants, and material increases in efficiencies throughout the supply chain.

The partnership will develop solutions for Linfinity’s entire client base that includes large and medium-sized enterprises in logistics, tobacco and alcohol production and distribution, fruit distribution and cosmetics, with combined annual revenues of over $3.5 billion.

“Our partnership with Linfinity is part of our strategic development of the Asian market. Linfinity’s customer base in China, Korea and Singapore strengthens our position across the region. This project is a prime example of Neuromation’s AI Platform and synthetic datasets solving real-world problems for industry. This is a major driver of demand on the NeuroPlatform and we look forward to working closely with Linfinity,” highlighted Maxim Prasolov, President of Neuromation Digital Economy.

Linfinity CEO Xiaotong Wang: “Linfinity is pleased to strengthen its relationship with Neuromation. We are committed to a long-term partnership to develop industry solutions throughout Asia, and beyond.”

Linfinity  is a pan-Asian technology company, providing end-to-end supply chain solutions. Founded in 2017, the company covers markets in Singapore, China and Korea. With a team of over 50 engineers, manufacturing and retail specialists, the company provides services in 5 languages. Linfinity’s mission is to decrease the pervasive friction of pan-Asian supply chains through the implementation of applied blockchain, IoT and AI technologies. Linfinity is dedicated to materially decreasing counterfeit products, delivery times and intercompany costs for the supply of high-quality products. Linfinity seeks to improve relationships between businesses and consumers through the collection and analysis of datasets from every link in the chain, from raw material suppliers and manufacturers, to distributors and end-customers

With 2% Market share, Blox Launches “QuickBooks for Crypto”

Blox.io, a blockchain startup located in Tel Aviv, has recently launched their new Blox Business platform, a system which will help crypto based companies record, manage, and allocate crypto assets. Analogous to the Quickbooks program but for crypto, the Blox platform seeks to resolve some of the more pressing issues in the world of crypto finance. The company was founded in June 201 by Alon Muroch and has reputable companies like Wings, eToro, and CIVIC as clients. To date, the company helps other businesses manage over $2 billion in crypto assets.

Is There a Need for Crypto Accounting Systems?

It’s an undeniable fact that the crypto industry has grown massively since it began in January 2009 with bitcoin’s release. As documented by CoinMarketCap, there are currently over 1,600 cryptocurrencies in circulation, putting the year over year increase at well over 50 percent. The increase in blockchain related companies–in addition to traditional industry giants like Microsoft, IBM, and JPMorgan Chase who are all exploring blockchain initiatives–has led to some incredible developments in the field.

The growth in crypto related businesses has also transferred over to the asset management world. For example, there are 226 hedge funds who trade cryptocurrencies, an increase of over 100 percent since October 2017. This remarkable growth has come about even though cryptocurrencies still haven’t reached levels last seen in January earlier this year. In fact, volatility, while not good for the average investor, is something that crypto hedge funds thrive on. At the individual level, crypto investing is still very popular, though the mania phase of Decembre 2017 has thankfully passed.

Yet with the growth in crypto comes an increasing need to properly account for crypto assets. This is true at both the corporate and individual level. It’s no surprise that governments are intent on examining blockchain based companies and their ICOs. The U.S. Securities and Exchange Commission, for example has repeatedly taken a tough stance against crypto, leading some to urge companies to “work with the SEC to attempt to tailor existing registration, reporting, trading and exchange rules to better reflect the nature of tokens and token platforms.”

From a tax perspective, government agencies are also beginning to crack down on tax evaders and other shady players. The SEC will soon examine about 100 crypto hedge funds, digging into financial records and examining “whether fund managers have bought the type of assets they advertised to investors in disclosure documents.”  Regulators are also concerned about investor protections and possible security breaches “because hackers often attempt to breach exchanges where cryptocurrencies are kept.” This upcoming examination is entirely separate from another SEC initiative targeting crypto funds and ICOs.

In such a strict regulatory environment, it’s no wonder that companies like Blox are seeking to create platforms that specialize in crypto asset tracking and data management. Because cryptocurrencies and tokens are such a new phenomenon (relative to other monies and assets), it is vital for companies, funds, and individuals to properly account for all their crypto assets. This context helps explain why crypto accounting solutions are so vital–they could (or the lack thereof) make or break the entire industry.

What’s Going on in the Crypto Accounting Industry?

At this point in the game, platforms like Blox are relatively novel. The crypto accounting industry is still largely in the “advice” stage, that is, issuing advice to corporations and individuals, but not necessarily providing the tools to make this easier. It’s not uncommon to see a CPAs and accountants offer crypto tax prep services, or financial advisors offering advice on crypto assets. Still others argue that traditional platforms like Quickbooks are the best way to track digital assets. In this case, the onus is on the individual or corporation to track and record data, thereby creating a database to reference for tax, financial, and accounting purposes.

The Blox platform differs from the above options because it is a crypto specific system designed to facilitate crypto-denominated accounting functions. The Blox Business platform allows organizations to customize tracking and reporting tools so that managing crypto assets can be done through a single interface. It also offers automated integrations for multiple exchanges and wallets, so users don’t have to manually track down data from different sources. Instead, the platform automatically syncs and aggregates data so users can view all of their crypto assets on one screen. Blox runs as a web platform and can also be accessed through iOS and Android applications.

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

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

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

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

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

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

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

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

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

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

May 16, 2018

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

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

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

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

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

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

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

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

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

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

Contact:  Ellie

Website: https://ganacoin.io/ico

Email: [email protected]

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Follow us on Twitter: www.twitter.com/global_osadc

Follow us on Facebook: www.facebook.com/OSAdecentralized

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

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

NEWS MEDIA INQUIRIES:

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

 

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

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

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

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

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

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

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

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

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

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

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

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

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

Contact: Ioan Hategan – CMO

Website: https://elycoin.io/

Email: [email protected]

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

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

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

Tickets for the conference are available now.

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

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

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

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

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

Tickets are on sale at the Super Conference website:

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

###

Press contact:

Richard Jacobs

[email protected]

(888) 448-4590

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

This three-day conference will be held at the Kay Bailey Hutchison Convention Center in Dallas from Friday September 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 the last quarter of 2018 and 2019. The focus will be on the next crypto market cycle.

More information is available at:

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

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

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

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

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

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

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

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

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

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

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

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

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

 

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

 

A Game-Changing Blockchain Powered Insurance Provider

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

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

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

Purchasing Insurance, the Vernam Way

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

More Game-changing Products for the Insurance Sector

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

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

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

Core Features of Vernam Platform

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

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

VRN Token Sale

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

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