Britain’s Crypto task force meets for the first time

Earlier this year Philip Hammond, the UK’s Finance Minister announced the formation of a special task force with a key goal in mind, to ensure Britain remains at the cutting edge of the digital revolution by harnessing the potential benefits of the underlying technology that powers cryptocurrencies.

Her Majesty’s Treasury (HM Treasury) has announced that the first meeting of the Cryptoassets Taskforce took place today on 21st of May 2018, subsequently agreeing on various objectives. These included the potential benefits and challenges of the application of distributed ledger technology in financial services, and assessing what, if any, regulation is required in response.

The Taskforce will consider existing analysis by the government and regulators and will also seek external views from trade bodies, academics, consumer groups and investor representatives. It is unclear as to whether businesses in the blockchain sector are to be consulted, although this would make sense as they have years of experience working in this rapidly growing environment.

Senior leaders from the UK government and other the financial regulators were present, including Katharine Braddick, Director General of Financial Services at HM Treasury, Andrew Bailey, Chief Executive of the FCA, and Dave Ramsden, Deputy Governor of the Bank of England.

Andrew Bailey, FCA Chief Executive said:

“Cryptoassets have been an area of increasing interest for markets and regulators globally including the FCA. We look forward to working with our counterparts at the Bank of England and the Treasury as part of the taskforce to develop thinking and policy on cryptoassets.”

Dave Ramsden, Deputy Governor of the Bank of England said:

“The technologies that underpin cryptoassets have the potential to deliver benefits both to the financial system and to the economy it serves. This taskforce will enable us to work closely with the Treasury and the FCA to explore how the opportunities posed by these technologies can be realised, while also tackling the risks arising from cryptoassets.”

A roundtable will be hosted by the Cryptoassets Taskforce in July with a report set to be published later this year.

Although somewhat supportive the UK government has been concerned with cryptocurrencies and their possible links with criminals and terrorists that use the technology for money laundering,.British Prime Minister Theresa May shared her concerns on the subject when speaking at the World Economic Forum in January 2018.

Britain’s remains a global fintech powerhouse and today’s meeting is an re-assuring sign of continued prowess. The technology sector alone enjoyed a record year in 2017, with 1.3 billion pounds invested and over half the funding from outside of the UK.

The City of London Corporation and Innovate Finance also launched a FinTech Strategy Group earlier this year.

Blockchain For Private Messaging?

Invasion of privacy has become a commonplace occurrence due to the greater amount of technology that is being utilized in our everyday lives. People are economically dependent upon the global central-banking system and reluctantly trust their Government to keep life fair. Most of us have forgotten what true independence feels like, due to the economic pressure that has been forced into our lives. Technology is advancing rapidly, and most are reluctant to keep up, let alone take the time to understand if it’s causing harm to us. We all have the right to keep certain things about ourselves private, so stop and think before you install that next cool application onto your smartphone. Read the permissions and ask yourself if it’s worth it.

Technology does have its purpose, we are beginning to see the dawn of a new era of technological breakthrough that is bound to change the playing field. It’s called the “Blockchain”. The Blockchain has introduced a means that can implement fairness and democracy once again. For the first time in history there has never been an opportunity of this sort that could impact our desire to achieve individual freedom, independence, or even convert the world into unprecedented unity. For eons we have been led and misled for the purpose of entertaining the elite few that are in charge. Let me introduce you to a genuine example of how this technology is being utilized today. This is only a small step into the vast sea of solutions that will become available in the near future due to the creation of blockchain technology, but it is one that you can utilize today.

The ADAMANT Messenger is a brilliant conception. ADAMANT deploys cryptography into this blockchain-based application to achieve a totally anonymous messaging service that is sure to change the Crypto world. The ADAMANT team has developed a messenger that serves as a private wallet for its unique encrypted currency. The attraction for utilizing this as a web-based application allows accessibility on any device. When a message is created, it is only visible on the device being used, then fully encrypted when sent, and decrypted on the consensual receiving end only. The message is totally hidden within the blockchain.

There are some huge advantages and perks for using ADAMANT Messenger. There is no access to the users location information, no user identification can be acquired (not even their address book), and no accessibility to the users private key or mnemonic phrase. ADAMANT accounts can not be closed, blocked or limited by anyone, including the developers. The only trace of any message written can only be seen, when the user of the message (protected by a highly encrypted mnemonic phrase) decides to view it. Not even the developers have the capacity to view messages. The program code for the ADAMANT Messenger and blockchain are open-source; the prospect for future development is realistic. Certified authenticity for the message sender and its recipient, “MITM-attack protection” (this kind of attack will be detected, because the sender identificator will be changed); The security provided by the following encryption schemes already exist: Ed25519 EdDSA, Curve25519, Salsa20, и Poly1305.

Go to https://msg.adamant.im, create your wallet and receive .49 in ADM tokens for free to begin messaging.

Utilizing ADAMANT (the ADM token) as a legitimate form of payment provides anonymity unlike no other Cryptocurrency, because ADAMANT operates completely-independent from all other services and blockchains. ADAMANT is built as a self-sufficient system, along with a fast and efficient transaction speed with a 5-second block time. ADM is used as a transfer fee for messaging, direct payments and other additional system functions in order to maintain the entire network infrastructure. It makes sense that ADAMANT can become one of the most trusted and reliable Cryptocurrencies found today.

Get ADM tokens while the Project still in the Initial Coin Offering (ICO) stage. Begin using the ADAMANT Messenger today, with no commitment, or verification needed.

Sean Kirtz, CEO of ICO Services Inc. Calls for A More Decentralized World

Someone, somewhere back in 2008 decided to publish a whitepaper with the intent of building a disruptive and innovative technology way ahead of it’s time. 10 years later, this revolutionary technology is on the headlines of every major newspaper in the world, and now serves as the backbone technology powering Bitcoin and most other digital currencies, needless to say, we’re talking about block-chain technology, sometimes also called the distributed ledger technology.

And of course, we should never fail to remember the man, the myth, and the legend Satoshi Nakamoto, I’m sure you know who that is, right? (oh wait, no one really does!) — The mysterious creator of Bitcoin, as well as Vitalik Buterin, Ethereum’s co-founder, are two of the most prominent and industry-recognized figures in the cryptocurrency and blockchain space.

But you may or may not have heard of Sean Kirtz—the 33-year old ambitious entrepreneur, blockchain specialist, and software engineer by profession from San Juan, Puerto Rico — is also among the most influential people in the blockchain and cryptocurrency sphere.

While he may not be as famous and well-known as Satoshi Nakamoto or Vitalik Buterin, Sean Kirtz is beyond any doubt one of the most influential people in the blockchain space having made great contributions to the industry by helping startups and everyday people better navigate this perplexing and tech-savvy space.

From crypto trading and advising blockchain projects to creating his own ICO and ICO marketing agency, Sean Kirtz have done it all in this space and is still determined to continue his way to reaching new levels of success and progress towards his mission of helping blockchain projects decentralize everything and give the power back to the people.

Sean Kirtz is also the owner of a large Facebook group of cryptocurrency enthusiasts called Bitcoin Day Traders (Whale’s Club) created to help crypto traders and investors connect with other like-minded people. In addition, Sean Kirtz was also the founder of CloutNetwork, a blockchain-based user-generated content platform.

But currently, Sean Kirtz is more focused on his new company ICO Services, a full-service blockchain marketing and consulting agency created to help ICO startups to develop, market, and raise funds to fulfill their goals and visions.

With the growing number of new ICO projects coming out everyday, Sean Kirtz believes that not all of them are prepared and have the necessary planning and strategies to raise the necessary funding for their business.

‘’I think that it’s getting very diluted and majority of the ideas are not well thought out’’, says Sean Kirtz, CEO of ICO Services, Inc.

For this reason, Sean Kirtz believes the days where an ICO project could raise 10 million dollars in less than 60 seconds with a fancy website and whitepaper are long gone.

In other words, blockchain entrepreneurs looking to launch their ICO nowadays need a much more efficient token structure, marketing strategy, and community building skills, as well as solid connections and advisors to make it in today’s super competitive and increasingly-sophisticated ICO space.

Fortunately, Sean Kirtz’s ICO Services have thought about that beforehand and are now working with numerous game-changing ICO projects to help them advertise their idea, raise funds and building a strong, supportive community to realize their business objectives and decentralize their respective industry.

Sean Kirtz, who was an ICO advisor to Patron, the blockchain-based Japanese influencer marketing platform that raised $40 million USD Dollars, is now offering his consulting services and in-depth industry knowledge and experience to help ICO startups to properly launch their ICO and raise funding to transform their ideas into million-dollar businesses.

Links:

https://www.linkedin.com/in/icoservices/

Gana – Motivated Investors Get 100 Gana Tokens For Free

GANA is the blockchain company providing personal assistant services and business intelligence to the cannabis industry. The team that successfully combines AI and сannabis industry gives everyone an opportunity to take part in token public sale from May, 21 till July 20th, 2018.

Moreover, now investors can get 100 GANA tokens for free if they register for the white list! To get listed, you need to go through KYC (Know Your Customer) procedure.

Cannabis and AI

Cannabis is one of the most fast-growing industry in the North America, and definitely one of the most exciting to invest into. Artificial intelligence (AI) implementation has also been a highly popular trend – and GANA combines these two in a perfect mix.

GANA uses AI as the base for its recommendation system. How many times have you seen the phrase “Customers who bought this item also bought…”. This feature works as a recommendation system that understands your taste better than anyone else. Amazon, Youtube, Netflix and Facebook all use similar methods to recommend media content, and to provide it, they use the data they collected from their customers.

“The cannabis industry has faced many changes in the course of its fast legalization around the globe. The market is growing exponentially, and we believe that the number of cannabis users will also increase,” – says Gapseong Noh, CEO of the project. “More products and more content will be created for them. Digitizing cannabis user activities will provide us with data to create a relevant systems of recommendations.”

About Gana
GANA aims to become the first – and the biggest contributor in this field. Such information as media contents and munchiz is collected and processed by the AI to provide the best possible experience, services and products for the cannabis users as the industry grows.

For more information on how to do KYC, please follow the link.

About Gana Token
GANA will issue 2,400,000,000 tokens. Half of this amount will be sold during the public sale, with the token rate of 1 ETH = 20,000 GANA tokens.

8.3% of tokens have already been distributed in the course of the private sale.
Another 41.7% will be available during the mainsale.

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, 2018ENDO 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

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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.