CoinSpectator Blog

PHI Token, a blockchain project from DIAMAN Capital LTD, has attracted substantial interest from investors during the recent launch of its’ pre-ICO crowd-funding campaign, achieving over $4.7M in its’ firstf orty-eight hours.

PHI Token is the world’s first Robot / Human Asset Management Platform on the Blockchain and is set to disrupt a $90 Trillion dollar market-place. The PHI Token itself, symobolizes the golden-ratio and combines traditional finance with the Crypto world to form a new, higher-return and longer-term investment proposition.

Malta, 6th March, 2018

DIAMAN CAPITAL LTD is pleased to announce their recently launched ICO Token sale has received an excellent response during its’ pre-ICO stage, with initial fund-raising activity due to end on March 21^st 2018. With its’ Italian holding company having sixteen years of successful track record in quantitative financial advisory, Diaman Capital launches PHI – the first ever platform for hybrid investment which allows investments in all asset classes and vehicles including crypto assets. In its fully functional form, PHI will provide an entirely digitized platform to eliminate the all critical problems that have crippled the wealth management industry for years.

The Token sale for PHI Tokens starts on 3^rd March 2018, with the Pre-ICO, having a limited supply of 3,524,578 Tokens, which can be purchased with a 21% discount at a price of $1.27 per token via the PHI Token website. The ICO istself starts on 8^th March 2018 with a restricted supply of 7,881,196 utiity tokens available for a limited time only, and valued at a price of $1.61 USD.

PHI Token holders will benefit from using the PHI utility token within the components of the hybrid investment platform, as well as receiving 30% cash-back on financial software purchases together with great potential for increased value due to the companies annualised “buy back and burn” commitment.

The global wealth management industry has managed to prosper in the past primarily because of the high returns generated from the twenty-year bond rallies and the poor financial knowledge of customers. However, with the bond returns holding a zero or even negative value and the stock market carrying a positive growth rate for nearly a decade, the future of this financial market does not hold much promise for the investors.  Making things worse, there is a tremendous pressure created by the Robo Advisors gaining market share, especially in the United States. In this scenario, there is an imminent need for the industry to address three critical shortcomings;

• High costs because of the outdated and labour intensive operating models
• Limited access to multiple investment opportunities
• Sale of captive products without real competition between asset managers

DIAMAN Capital LTD proposes to solve the existing problems by combining digitization of processes, de-centralization and sharing together with innovation and competition. Firstly, it will lower the costs of providing investment services by reducing the commercial supply chains via digitization. Moreover, it will create an opportunity for the investors to benefit from multiple investment vehicles, including the crypto assets. Finally, it will ensure better results for the customers by stimulating competition between the asset and wealth managers.

In order to finance the project and share it’s success with the global crypto community, DIAMAN Capital has recently issued the PHI Token. These tokens will have three main preparatory features to increase its’ value over time.

• PHI Tokens as Stake: Anyone looking to use the components of the platform must own and immobilize the PHI Tokens
• PHI Tokens as Payment: The hybrid investment platform and the developed financial software will accept payments in PHI Tokens, offering 30% cash-back
• PHI Tokens Buy Back and Burn rewards: 15% of the performance fees generated by the platform and 50% of the annual tax refund (caculated from the payment of taxes in Malta) will be used to purchase PHI Tokens on the exchanges to create a scarcity effect.

Daniele Bernadi, CEO commented that, “The PHI Token is the natural result of a project that my company has been working on since 2013. After the crisis for the government bond, we needed a few years to define the detail of the project. Now, we are ready to disrupt the industry with a market-place that we have named the, Platform for Hybrid Investments. The name PHI is perfect for the meaning as it represents, the golden-ratio, that exists in past, present and future, this golden ratio is found in us, in nature and also in the universe so is perfect to name the Token.”

To find out more about PHI Token, join the official Telegram community or visit https://www.phitoken.io/

About PHI: PHI is the brainchild of DIAMAN Captal LTD, with its’ Italian holding company having sixteen years of successful track record in quantitative financial advisory, and is the first ever platform for hybrid investment on the blockchain.

PR Contact:

Gary Collins

Website: www.tokenads.net

Email:   garycollins@tokenads.net

Meet XYO Network the first decentralized cryptographic-location network built for the world of tomorrow

For obvious reasons, many experts believe that the blockchain will be a key element in the future of the technology industry.

It allows for information to be shared and verified in a way that was never seen before its inception back in 2009. Transparency and accuracy is at the core of everything blockchain stands for, thus XYO Network is making waves among the industry as a blockchain platform which determines and verifies location data. The key components of the chain are encouraged via its token, the XYO.

XYO Network

Location data has become more and more important in recent times, as all industries become more reliant on the internet of things. The importance of this data being accurate is only going to rise too, with drones, internet shipping and automated-vehicles needing it for their day-to-day functionality.

Trusting this data is essential, but thus far there has been no perfect solution to ensuring that you can. XYO are changing that with a layered location confirmation service, which will work with different smart contract protocols and device classes.

XYO is co-founded by Arie Trouw, Markus Levin and Scott Scheper with advisory roles filled by Tom Kysar who leads operations at Augur and Raul Jordan leading the Ethereum Geth Sharding effort alongside Azam Shaghaghi and David Kim both blockchains experts.

The Network

This works with four key blockchain elements – each element is a key component to XYO and their ecosystem.

• Sentinels – These compile location speculations and bonds Proof of Origin to the nodes above them.
• Bridges – Gather data from the sentinels. Then attaches this data to their string, which in turn becomes available to Archivists.
• Archivists – Stores catalogs from bridges.
• Diviners – Collate info and verifies the location.

XY, the company behind XYO, has built one of the largest networks of Bluetooth and GPS beacons in the world.

XTO Token ICO

Those above elements are encouraged using an Ethereum-based token, entitled the XYO token.

Presale – 100 billion tokens with a hard cap of $15 million.

How does it work?

In layman’s terms the XYO network makes it possible for smart contracts to access data in the real world to determine where a specific object is.

For example a clothing company could let their customers pay on delivery to ensure the product reaches the customer safely, this would be accurately tracked by the XYO Network which would be able to track when it reaches them by utilising the largest networks of Bluetooth and GPS beacons they firm has been developing in recent years. This would all be locked into a smart contract on the blockchain preventing fraud for both parties.

This is a wide scale problem in the delivery industry with packages becoming lost in transit or stolen from customer properties.

This is just scratching the surface of what the technology aims to revolutionise, you can find out more on their website here: https://xyo.network/

 

Essentia is the framework for decentralized data management based on Essences.

Data is money these days and there are many companies trying to get ahead of the curve with how they collect, sell and buy this information. Most of this data is taken off you and I for free and then sold for bundles of cash so big they’d make even the most successful Bitcoin investor blush.

Not only that, data from companies and individuals is being shared freely without their understanding of what is happening too.

A new group are trying to remove this process, by creating an open-source mechanism that will give businesses and individual users control over the data their web use creates. Blockchain technology is at the heart of this idea, which is headed by Micro Mongiardino and is called Essentia.

Essentia, a company which is based in the Netherlands, plans on giving users and company’s ownership and control over the data they create. The data they create will be stored in a wallet and can be transferred to interested parties via exchanges.

To summate, Essentia gives a single secure digital ID which is multi-platform friendly and offers the ability to own and control data with no censorship rights. Transactions can take place on the Essentia marketplace by the use of ESS tokens, which can then be exchanged for other cryptocurrencies.

Here are some of its key features;

• Security – It is considered safe and secure as Essentia doesn’t allow the use of insecure passwords.
• Exchange – Essentia ESS tokens can be exchanged for Ethereum and other cryptocurrencies. These are the tokens that power this unit.
• Storage – Essentia gives users the option to store on decentralized dApps and other crypto’s like Storj, Swarm and IPFS.
• Identity – You are in control. Individuals and companies can stay as anonymous as they deem fit.
• Wallet – Essentia also acts as a safe and secure eWallet with cold storage.

ESS tokens
These tokens will be used for all transactions on the ecosystem and can be exchanged for other cryptocurrencies.

The planned exchange rate is set at 8000 ESS to 1 ETH with a hard cap of $32 million.

Essentia has already secured a wide range of industry partners including Flyp.me, Bitcoin Association Switzerland, ETHDENVER

Advisors include Erik van der Staak, Thomas Graham, Yann Marston, Francesco Fusetti.

Essentia has a range of projects and dApps already integrated into their technology some of these included Gnosis, Ethereum, Status, Mysterium, EtherDelta, IPFS, Storj, Aragon, Bitcoin and Flyp.Me

1 ETH investment into Essentia (ESS) tokens will provide 15,000 tokens, the hard caps is set at $31,000,000

You can join the Essentia whitelist here: https://essentia.one/

More than eighty percent of the worlds rough diamonds are traded within a single square mile known as the Antwerp diamond district. This network alone turns over 54 billion dollars a year through four main trading exchanges catering brokers, cutters, dealers, polishers and everything in between.

With that in mind It’s no surprise that the diamond industry has often been criticized for being centralised, outdated and unwelcoming to regular investors. All that however could soon change thanks to CEDEX, a blockchain based diamond exchange that will transform diamonds into a publicly tradable asset open to everyone through their certified diamond exchange.

In short the end goal of CEDEX is to bridge the gap between the traditional diamond industry and the more innovative financial markets.

The startup is tapping into a growing sector of the Blockchain industry called “tokenization” by transforming physical diamonds into digital assets that can be transparently represented on the Ethereum Blockchain. In doing so these assets are not only made more verifiable to sellers and buyers but more liquid opening them up to a wider global market where anyone can trade the quickly and easily through the CEDEX exchange.

One of the main benefits being of tokenization is fraud prevention. CEDEX aims to tackle this with a Diamond-Smart Contract representing a diamond’s ownership, gem composite and historical trading information which can be publically verified by anyone on the blockchain.

Fungibility across the Diamond industry is another key area which the startup aims to tackle due to the problems of valuing gemstones. Gold and Silver for example are much more fungible as one gram is equal to any other gram whereas Diamonds tend to lack a trustworthy metric that can be determined to value a given stone. CEDEX hopes to solve this problem by applying the DEX algorithm and creating a smart-contract that represents a geologically validated asset and fungibility mechanism that is created from the GIA ID, register wallet, historical transactions etc.

“Powered by revolutionary pricing deduction algorithm, CEDEX promises to unlock the trade currently limited to few and enable mass adoption to the public. At first stage, CEDEX focus on the crypto community as it recognised it’s ability to fasten the long desired change” said CEDEX

The CEDEX four pillars

The DEX:

A proprietary algorithm that evaluates and rates the Diamond-Smart Contract market price, allowing “non-experts” to confidently trade in diamonds.

Diamond Tokenization:

A Diamond-Smart Contract representing a diamond’s ownership, gem composite and historical trading information.

Blockchain-Based Exchange:

A trading platform uniting Diamond-Smart Contract owners and traders.

The CEDEX Coin:

A new cryptocurrency allowing traders and cryptocurrency holders to buy diamonds on the CEDEX.com exchange.

How does CEDEX help sellers?

The CEDEX platform opens up the selling opportunities of gemstones to a global market by simplifying the process through a decentralized exchange, the process starts with the seller uploading the GIA certificate of the stone, this is then automatically analysed to create an accurate price.

Once the gemstone is listed on the exchange any potential buyers enter into a smart contract agreement with the seller. This allows an automated transaction to occur which prevents fraud by either party.

The CEDEX platform utilizes the exchanges native coin called CEDEX coin which is used to perform transactions on the platform such as buying, selling, insuring and transporting the asset.

Anyone looking to invest in CEDEX ICO can purchase CEDEX tokens at the upcoming token sale – March 16th 2018

Website: https://cedex.com/

Eligma, a cognitive commerce platform, will be connecting existing e-commerces and second-hand marketplaces into a one-point-stop for users. By harnessing AI and blockchain technology, Eligma is changing the way users discover, purchase, track and resell items online. To provide a new simplified user experience, a Slovenian-based company is set to launch its crowd sale on April 17 with a hard cap of $24 million.

Eligma was born as a response to problems identified in traditional retail and especially e-commerce, which has exploded in the recent decade. The project is entering a market, in which sales reached 2.3 trillion U.S. dollars in 2017. It aims to offer a set of previously unanticipated solutions to discover, purchase, track and resell items. This is now viable due to the development of artificial intelligence and blockchain technology.

“The value of Eligma is in its ability to give people the one thing they can never buy – time. It keeps track of our purchases and gives us a better overview of what we possess. It calculates the value of what we own and predicts when it`s the best time for us to sell. That is how Eligma is turning every household into a business,” explains CEO and founder, Dejan Roljič.

Eligma’s goal is to offer a comprehensive set of solutions, consisting of discovery, inventory and loyalty pillars. Using artificial intelligence, Eligma`s engine algorithm will process millions of data points from numerous online stores to compare product specifications and characteristics in order to find the product with the exact specifications users are looking for.

To save additional time and hustle, Eligma will introduce a unified shopping account, meaning that a single shopping cart and checkout process will suffice to complete purchases in multiple online stores at once, whereas the platform`s cryptocurrency payment gateway will enable users to pay with cryptocurrencies even if the online stores don’t support them yet.

With the inventory feature, users will be able to see the AI-predicted current and future item value and then decide when to sell those items. That is how every household will become a business. Eligma will offer various possibilities of using its ELI token for activities performed on the platform. Users will be rewarded for using the token through a universal loyalty system. It will consolidate merchants in an integrated open-loop universal loyalty system and provide a simple and convenient user interface. There will be no need to register with a standalone loyalty program of each merchant.

The idea of solving the problem of the abundance of products found online has brought together some of the most prominent entrepreneurs:

“We are partnering with important individuals and organizations to have access to an array of knowledge, expertise and experience in commerce and technology. Amongst the advisers are Andy Baynes from Nest-Google-Alphabet and Peter Moricz from ChainX, both promising a global reach and impeccable delivery,” adds Dejan Roljič. The Eligma company was founded in 2017 by three experienced Slovenian businessmen – Dejan

Roljič, founder of ABC Accelerator, Matej Gregorčič, founder and CEO of Viberate, and Jože Mermal, CEO and chairman of BTC d.d. The development process of the platform is additionally reinforced with strategic partners, such as Spartan Solutions and Netis, both leading cryptocurrency and blockchain development companies in Europe.

To develop a technological solution for resolving the drawbacks of commerce and e-commerce and simplify the shopping experience, Eligma is raising funds through a public crowdsale, starting on April 17th. Early contributors will be able to join the presale of the ELI token, starting on March 20th. To learn more about the AI-driven blockchain platform that is about to transform online shopping experience, visit www.eligma.io.

• Join the Eligma Group on Telegram – https://t.me/eligma.
• Follow the development on
• Facebook (https://www.facebook.com/eligmacom),
• Twitter (https://twitter.com/eligmacom) and
• LinkedIn (https://www.linkedin.com/company/eligma/).
• Read the latest news on the Eligma Blog – www.medium.com/eligma-blog.
• Subscribe to our Newsletter – www.eligma.io.

Contact

For more information about Eligma and its development process, please contact Sara Draskovic at media@eligma.com.

North Korea is renowned for many, many things, but until now, cryptocurrency investment wasn’t one of them.

However, that might be all about to change as an international expert has said that the country has made an absolute mint from Bitcoin recently.

Former US National Security Agency officer, Priscilla Moriuchi, told reporters that the politically isolated country took in more than $200 million in digital cryptocurrency transactions in 2017.

Ms Moriuchi, made this claim during an in-depth interview with Radio Free Asia. She also discussed the subject with Vox.com, where she stated that she has reason to believe that these coins are being liquidated and the resulting cash is being used to support North Korea’s military.

She said: “I would bet that these coins are being turned into something – currency or physical goods – that are supporting North Korea’s nuclear and ballistic missile programme.”

She estimated that the regime took in 11,000 Bitcoins in 2017, which would have been worth around $210 million at the currency’s peak value.

This revelation comes after unconfirmed reports of a state-sponsored hacking regime, which is focusing on cryprocurrencies.

According to a report of the incident on the Daily Telegraph, North Korea’s government continuously deny any criminal doings but the evidence points towards genuine activity from Pyongyang.

The report read: “Pyongyang consistently denies all hacking allegations. However, cyber security experts and defectors have claimed that promising students are handpicked from prestigious universities to join Bureau 121, the hermit kingdom’s shadowy cyberwarfare agency.”

Many believe North Korea is attracted to cryptocurrency because of its lack of traceability and loose regulations.

Researchers, artists and companies alike need to protect their intellectual property. This can become highly difficult if such information has to be shared prior to obtaining the corresponding IP rights. IPCHAIN Database has therefore developed a set of tools to make the sharing of sensitive information much easier and more secure.

“To easily, quickly and safely share confidential information is essential for scientists but also for companies, who need to protect their many trade-secrets.”, explains Ingrid Kelly Spillmann, who, as Technology Transfer Manager at University of Vienna, is responsible for the management of the University’s patent portfolio, marketing University technologies to industry and licensing University technologies. Blockchain technology has been identified as a potential game changer for intellectual property by experts in this field and the recent article “Blockchain and IP law: a match made in crypto heaven” in the official World Intellectual Property Organization’s magazine demonstrated a number of possible use cases.

IPCHAIN Database (www.ipchaindatabase.com) is based on decentralized Blockchain technology which represents an incorruptible digital ledger. Its Blockchain based architecture ensures indisputable proof of authorship as all stored information exists as a shared database hosted by potentially millions of computers. This makes information publicly accessible and easily verifiable, without the risk of a centralized version of this information being hacked or otherwise corrupted. Blockchain technology thus offers the easiest and most secure way of establishing proof of authorship via online publication but can also be used to allow for the storing of confidential information and the subsequent safe sharing of that information.

By securely and privately storing confidential information on IPCHAIN Database, the innovator will be able to quickly select, adapt and use non-disclosure agreements (NDA) for the safe sharing of information. The other party will only be able to access this information upon signing the NDA, with proof of signature and the time-stamped document being permanently stored on the Blockchain. The NDA is a legally binding contract that outlines the information both parties wish to share, and serves as proof of the parties’ agreement to not disclose the non-public information. IPCHAIN Database will thus make the sharing of information faster, safer and easier and will support collaboration in scientific, artistic or business contexts.

IPCHAIN Database will further this system to also make the transfer of intellectual property faster and easier for both sellers and buyers. While the holder of rights to digital assets may have been difficult to prove in the past, IPCHAIN Database’s Blockchain technology means that sales contracts between parties will now be completely transparent and much easier to prove. In addition to the mere documentation of such transfers, IPCHAIN Database will also make certain that the actual transfer depends on the receipt of the stipulated price, thereby increasing the safety of both parties, and ensuring that innovators can monetize their work more effectively.

For more information on better protecting your innovations please visit www.ipchaindatabase.com

Robotina, a Slovenian company dedicated to the development of smart technologies for the energy industry, has recently started their ICO presale campaign with the goal of revolutionizing the traditional power network. The company has almost three decades of experience in the global market, and their new energy management solution is a state-of-the-art combination of three groundbreaking technologies viz. Internet of Things (IoT), artificial intelligence (AI), and blockchain.

Kozina, Slovenia (EU) March 2, 2018

In their relentless efforts to improve the efficiency, service quality, and user engagement of the traditional power network systems, Robotina has recently started an ICO presale campaign. With a track record of demonstrating excellence in the field of energy management for twenty-eight long years, the company is all set to implement a collaborative sharing economy business model that will bring numerous benefits to the participating users by utilizing artificial intelligence, machine learning, patented multi objective optimization and blockchain technology.

Indiscriminate use of electricity around the world has now reached a perilous stage that can only be overcome by substantial investments in new infrastructure and smarter use of the existing ones. This is exactly what Robotina is looking to achieve with their innovative platform.  It will be a vertical, high-tech all-inclusive enabling solution, consisting of connected Internet of Things (IoT) elements (things, processes, data, people) and the Power Platform (PP).  The platform and connected IoT will be capable of executing thousands of calculations per second, each resulting in a small benefit and a small slice of revenue. Robotina’s vision is to create a community where members collaborate in order to save and earn money while consuming electrical energy.

Since the company’s inception in 1990, Robotina has carved a niche for itself in the industry, with own products, patents, international certifications, two R&D teams, one approved institute, and a high-calibre team comprising of fifty noted experts. They have already developed more than one hundred products that have been delivered to over thirty countries around the world.  The company has partnered with several reputable companies, including Microsoft, Hitachi, Panasonic, SHARP and others. Today, Robotina has direct or indirect presence in the markets of Slovenia, Austria, Germany, Netherlands, Belgium, Denmark, Sweden, Lithuania, Russian Federation, Ukraine, Turkey, India, China, Brazil and many others.

At a stage when the world of technology is going through dramatic changes, Robotina is focused on using technology to make this world a better place to live in. Unlike hundreds of ICOs released almost every day, Robotina has an extraordinary track record in the industry and has invested substantially to make their ICO a success. As a long term industry player, their goal is to provide financial benefits to investors and platform users and help contribute to a greener environment.

“After implementing 1000+ successful projects in Germany, Austria, Slovenia, Switzerland, South Africa and elsewhere, it was time to upgrade our game and give our clients a better, even safer decentralized solution,” says Devid Palcic, the CEO of Robotina. “This development is completely in line with our vision to become the leading provider of smart connected solutions, components and platforms which will contribute to a new model of connected society. We are looking forward to bringing the measurable benefits our ICO investors will be seeing.”

The Home Energy Management System or HEMS is an integral component of the Robotina ICO.  Priced at $299, this device will connect the homes of the users to Robotina’s IoT platform. During a period of ninety days after the end of the ICO, the first 2,000 backers to claim HEMS will get a 100% discount, and the next 198,000 backers to claim HEMS will get a 50% discount.

Robotina’s ICO presale started on February 21, offering investors an opportunity to buy the Robotina platform utility token (ROX) with a 10% bonus. The presale hard cap is $15.5 M and the ration ETH/ROX will be calculated for each phase (presale, crowdsale) separately. Though the platform payment with several other tokens, coins or fiat currencies, lucrative special discounts are available only on ROX transactions.

Robotina has always invested generously in product development and research. They have recently put together a lot of effort and funds into creating a community that will help increase the adoption of their platform. The company’s current focus is on making the ICO successful and paving the way for its implementation.

To find out more, please visit https://www.robotinaico.com/

About Robotina: Robotina is a Slovenian company, incorporated in 1990 and focused on innovation in automation and control technology. The company’s Internet of Things (IoT) enabled hardware (HW), cloud software (SW) and various solutions have demonstrated their excellence in the industry. Robotina has its own in house R&D and manufacturing facility for all its products. This manufacturing facility enables Robotina to deliver top quality at very competitive prices.

Contact: Tomaz Pavlica

Website: https://www.robotinaico.com/

Email: support@robotinaico.com

“Change is good” is a sentiment that Bitwala is definitely getting behind, as they have announced their intentions to re-launch as a crypto-first bank.

The award winning firm is now allowing potential customers to sign-up to a waiting list for their new offering, with the first accounts expected to open in the middle of this year.

Their move comes in the wake of high demand for crypto-friendly banking – which many believe there is currently a deficit in. Bitwala, who had to suspend their regular services in January due to regulation changes, intend to fill this gap in the market.

Bitwala were unable to reveal which bank they’ve partnered with but stated that its an “established German bank”.

Users will have full control of their private keys and thus will not be the holdings of Bitwala or the partner bank, this means the 100,000 Euro protection scheme will not cover cryptocurrencies but Euro deposits only.

Bitwala stated that users will be able to make transfers in and out of their account via SEPA transfer, making the selling and purchasing more flexible. Most of the established cryptocurrency exchanges are partnered with banks in Poland who are also on the SEPA network opening a quicker transfer time.

We asked Bitwala if they were anticipating any problems with users transferring funds in and out of the account, which is a common problem with banks blocking users from purchasing cryptocurrency.

“The foundation that we’ve built with our partner bank is very solid and based on German banking law, so we don’t expect any problems. This is not to say that we will not comply with the rules. Our partner bank and we are working very closely with regulators to ensure that all KYC and AML measures are in place.”

Co-founder and CEO of Bitwala, Jörg von Minckwitz said:

“Our founding vision has always been to bridge the gap between traditional and crypto economies. We believe that traditional banking was and has always been the weak link of the whole process, and we are looking forward to build an account that will tackle these very weaknesses.”

All new accounts that they open will come with a German IBAN and will be regulated by The Federal Financial Supervisory Authority of Germany (Bundesanstalt für Finanzdienstleistungsaufsicht).

Up until January Bitwala was a digital payment processing system that worked using blockchain technology. It made a name for itself through simplifying complicated processes and making them more accessible to as many individuals and companies as possible.

We have no doubt that von Minckwitz will hope to keep these values in place as they move to the next stage of their development in the crypto economy.

Users will only be able to sell and buy Bitcoin at present but more cryptocurrencies are planned for the future.