APIS APIS

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APIS News

Could Barclays And Ripple Partner Up?

It’s been a while since new Ripple partnership rumours hit the headlines, though this one has surfaced with quite a big impact. Before we begin, let’s remember that Ripple are now an integral part of Santander’s current retail and institutional banking service. As it stands, Ripple technologies power Santander’s OnePayFX mobile phone app and we also know that within Santander, a range of testing is taking place within Ripple’s other blockchain technologies. No, Santander are not adopting XRP any time soon, but could local rivals Barclays beat them too it altogether? According to Finextra, Barclays, the Mastercard Foundation and Ripple have entered a $1.7 million funding round to assist an international payment service provider, SendFriend: “Founded at MIT by a group of individuals with roots at The World Bank and MoneyGram, SendFriend plans to launch in New Jersey, opening its first remittance corridor between the United States and The Philippines. The company, an alumni of Barclays' accelerator programme, has stuck an agreement with Ripple to use XRP as a liquidity vehicle for cross-border payments, enabling SendFriend to circumvent the corresponding banking system and convert USD to XRP to PHP in a matter of seconds.” The super exciting part of this announcement is that yes, Barclays are involved, but most importantly, XRP will be used as a solution within SendFriend’s future operations. No partnership yet We should highlight that this funding round is not confirmation that Ripple and Barclays are going to be working together, but it does prove that the two organisations do have a common business interest and most importantly, confirms that the pair now have a mutual connection through their investment in SendFriend. According to Finextra, Yuan Ruan the founder of 8 Decimal Capital, another company involved in this latest funding round has said: "This is a highly competitive space with longtime incumbents, but we are confident in the success of SendFriend. SendFriend has a good combination of an experienced team, large $650 billion remittance market, investors that provide more than just capital, and a growth strategy focused on more than revenue from transactions including APIs and white-label solutions." Simply put, if SendFriend is a success, could Barclays use this to move one step closer to Ripple adoption?

a day ago

Ripple, Barclays Invest $1.7 Million in Remittance Start-Up Using XRP

While Ripple and its token XRP are changing the way cross border remittance industry works, it is also backing young start-up which shares the same vision of disrupting the payments industry. According to the latest announcement, Ripple has joined hands with Barclays and Mastercard to infuse $1.7 million funding for remittance start-up SendFriend. SendFriend envisions to open services in New Jersey SendFriend is a start-up founded at MIT by a group of individuals with a background of working at The World Bank and MoneyGram. The remittance start-up plans to start operations in New Jersey and envisions to open its first remittance corridor between the United States and The Philippines. The company, which came out of Barclays‘ accelerator programme, has got into an agreement with Ripple to use XRP tokens as a liquidity vehicle for cross-border payments, allowing SendFriend to bypass the corresponding banking system and convert USD to XRP to PHP in a matter of seconds. The other investors that have joined Ripple in this round of funding include MIT Media Labs, TechStars, Mahindra Finance, 2020 Ventures, and 8 Decimal Capital. While the services are yet to go live, SendFriend mentions that it plans to cover the whole of the United States in short term and it plans to offer its services via desktop and mobile apps. In its funding announcement, SendFriend claimed that it will offer 65 percent lower fees compared to the industry average for international money transfers, as blockchain “replaces the frictions and fees of the banking system.” The start-up is in the process of hiring its team, community engagement, and marketing. Speaking to media SendFriend’s co-founder and chief executive officer David Lighton said “XRP is used as a liquidity vehicle for cross-border payments, enabling SendFriend to circumvent the corresponding banking system and convert USD to XRP to PHP [Philippine peso] in a matter of seconds.” From the investors side, Yuan Ruan, founder of 8 Decimal Capital mentioned “This is a highly competitive space with longtime incumbents, but we are confident in the success of SendFriend,” “SendFriend has a good combination of an experienced team, large $650 billion remittance market, investors that provide more than just capital, and a growth strategy focused on more than revenue from transactions including APIs and white-label solutions.” With XRP’s support, SendFriend would try capturing the Filipino population that is currently staying and working in the United States. If its able to achieve its vision, SendFriend could gain a lot of market share in the remittance industry What is your view on SendFriend? Do let us know your views on the same. The post Ripple, Barclays Invest $1.7 Million in Remittance Start-Up Using XRP appeared first on Coingape.

2 days ago

How to Learn Crypto Trading With No Risk? Try It in DEMO Mode!

For many people, learning to trade cryptocurrency can be scary. It’s much easier to sit on your investments and HODL. While there’s nothing wrong with that approach, it’s important to realize that you’re leaving money on the table. Even for assets that you plan to hold for a long time, it’s possible to make a lot of money on the ups and downs while you’re waiting. This can easily double or triple the number of coins and tokens in your portfolio without you needing to add any extra income from your regular earnings. That alone makes it worth it to learn to trade cryptocurrencies, and with a little knowledge, it’s not difficult to do it successfully if you’re keen to learn and willing to be patient. Unfortunately, there are of course some big problems for newcomers to this scene. Many cryptocurrency investors are young, and they have no investing experience at all, let alone crypto investing experience, which is a whole different ball game. Many of them also have limited funds to spend on learning, and there are often limited tools available that will allow you to practice your trades without wasting a lot of your capital. How can you learn cryptocurrency trading with no risk? The best way to learn cryptocurrency trading with no risk to your existing portfolio is to use a cool free tool called Bitsgap. This tool features a great cryptocurrency demo trading function which allows you to get started with learning how to trade without risking your capital. When using the demo feature, you can trade live using actual market conditions. They also have lots of great technical analysis tools available that allow you to draw trend lines and view things like the moving average to make better trades. If you’re new to cryptocurrency trading, then you might not know what all of these things are yet. That’s okay because Bitsgap is simple enough that beginners can use it to trade, but when you’re ready to get more advanced, the features are there. The Bitsgap team also has a blog full of helpful articles that can help you to learn what everything means and how to use a lot of these indicators for your trading activities. When you’re ready to start trading for real, you can easily switch to Live trading. You can connect the APIs for all of your exchange accounts and take advantage of Bitsgap’s best feature, the fact that you can trade on 25+ exchanges from one interface. This makes it super easy to manage your portfolio at a glance and execute trades without having to juggle multiple logins. Using an aggregated platform like this saves you a ton of time and makes it super easy to see how much profit you’re actually making. Plus, if you want some additional profit you can check out the arbitrage page that will allow you to execute arbitrage trades with just a couple clicks between exchanges. This is free profit for you, and the app does a great job of helping you manage these trades. Where do you start with cryptocurrency trading? Learn to understand trading pairs Cryptocurrencies have trading pairs. This means that when you’re trading a currency, you’re trading it against the value of another currency. For example, when trading ETH/BTC, you’re trading Ethereum against the value of Bitcoin. Some pairs are easier to trade than others, and some pairs might even cost you a premium based on supply and demand! Be careful here and make sure you’re using the right pairs for maximum profit potential. Sometimes you can arbitrage these pairs to make more profit for yourself when making trades! Learn how to place orders If you use the Bitsgap platform, their order function is very easy to use. All you need to do is select the type of order you want at the bottom of the screen. Enter the amount that you want to pay, the number of coins and hit the buy or sell button. Learn about the different types of orders There are multiple types of orders you can place to help your trading. Here’s what they mean! Limit order If you want to buy an asset but only for a certain price, you would use a limit order. Your order will only be filled for the price you specify. These orders will not be filled unless your price is reached. Market order A market order executes a price for whatever the current market price is. Use this if you need to buy or sell assets quickly. You might not always get the best deal with this order type. Stop-loss/take profit order Use these advanced order types to make sure your orders execute when certain price thresholds are reached to make sure you either earn a profit or don’t lose money when a trade goes south. Shadow orders Shadow orders allow you to place orders which are not on the books, like stealth mode. It also doesn’t freeze your capital so you can have multiple open orders depending on certain conditions. It’s a unique and very useful feature for Bitsgap traders. Top 5 tips for crypto trading newcomers Secure your trading and email accounts with 2FA Don’t use all your funds for one trade Don’t invest too much unti

2 days ago

ORACLE Adds New Features to its Enterprise Blockchain Platform

The team at ORACLE’s blockchain division have announced the release of new features on the business-ready enterprise solution that utilizes the technology. The new features on the blockchain platform will help users speed up the development, integration, and deployment of new blockchain applications. The new release of the enterprise blockchain platform, version 19.1.3., is a continuation of what was launched by Oracle back in July 2018. The enterprise solution has thus far enabled businesses across the world to build decentralized applications from scratch as well as adding blockchain functionality to existing solutions. Oracle’s existing customers of the service include Circulor, SERES, and CDEL. Additionally, Arab Jordan Investment Bank, CargoSmart, Certified Origins, HealthSync, ICS Financial Systems, NeuroSoft, Nigeria Customs, OriginTrail, SDK.Finance, and TradeFin. With the new release, the platform has added the following unique features that are geared towards improving blockchain applications created on it. Enhanced world state database to support standard SQL-based ledger queries Rich history database which shadows transaction history into a relational database schema in the Autonomous Data Warehouse or other Oracle databases Enhanced REST APIs for event subscription, blockchain administration/configuration, and monitoring of network health, transaction rates, and other statistics Identity federation to further extend authentication capabilities Third-party certificate support for registering client organizations on the blockchain network Hyperledger Fabric 1.3 support Doug Johnson-Poensgen, CEO and founder of Circulor, explained the ease at which his firm was able to utilize the blockchain solutions by Oracle. Oracle’s blockchain solution delivers enterprise performance, security and scalability right out-of-the-box. We started with the Oracle Blockchain Platform four months ago and were able to go from zero to a production system spanning multiple organizations in a matter of months. Another key advantage is that we were able to integrate Oracle’s blockchain platform into a hybrid blockchain network spanning multiple clouds and easily integrate with our existing systems and applications. What are your thoughts on ORACLE enhancing its enterprise blockchain platform to include new features? Please let us know in the comment section below. [Feature image courtesy of ORACLE.com] Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you. The post ORACLE Adds New Features to its Enterprise Blockchain Platform appeared first on Ethereum World News.

2 days ago

🚧 Attention, please! This is the guide you need to keep in m...

🚧 Attention, please! This is the guide you need to keep in mind to use APIS right ;) 👮‍♂️ https://t.co/bJkS4AVRZk… https://t.co/UyacpD2dmL

4 days ago

nOS Partners with Integro to Bring E-learning Apps to the Smart Economy

nOs, the NEO blockchain powered virtual operating machine, recently announced a new partnership with the tokenized learning management and rewards platform Integro.io, which will use Integro to publish educational material for building and using nOS. Integros tokenized e-learning platform is called the Learning Management and Reward System (LMRS), and as part of the deal, Integro will integrate nOS ID as a sign-n and registration method for the Integro LMRS application, and Integro will deploy to nOS and integrate nOS APIs exclusively, outside of Integro’s own solutions. (JF)

9 days ago

The Ultimate CoinPayments Review

About CoinPayments CoinPayments is a company launched in 2013 in Canada which processes payments with cryptocurrencies. By implementing a number of plugins, APIs and POS interfaces, they enable merchants to accept Bitcoin and over 600 altcoins as payment for their products and services. Its network of vendors consists of 2,000,000 retailers which are spread across […]

11 days ago

NEO 3.0 Details to Be Announced at NEO DevCon 2019

The Chinese blockchain platform and cryptocurrency NEO, which is designed to build a scalable network of decentralized applications, has begun generating buzz again as its creators tout the unveiling of NEO 3.0 details at the upcoming NEO DevCon in Seattle. According to co-founder Erik Zhang, “NEO 3.0 will be an entirely new version of the NEO platform built for large scale enterprise use cases. It will provide a higher TPS and stability, expanded APIs for smart contracts, optimized economic and pricing models, and much more. Most importantly, we will entirely redesign NEO’s core modules.” (JF)

14 days ago

What Bear Market? Crypto-Concierge Service Did $250M in Sales Last Year

One crypto-concierge service pulled in $250 million of sales despite Bitcoin price and the cryptocurrency market shrinking by over 80 percent last year. Bitcoin Burning a Whole in Your Digital Wallet? The perennial problem of the crypto-investor is one of too much money, too little time. ‘When Lambo?’ isn’t down to price, rather finding a chance (and energy) to get down to the showroom. At least, it must be for some, because even during the year that was 2018, one crypto-concierge service pulled in $250 million in sales. But cryptocurrency regulation with KYC and AML being what they are today, cashing out for splashing out may attract some unwanted attention or high costs. Founder Elizabeth White, the founder of The White Company, explains the predicament of the new younger crypto-millionaires: They wanted to spend and enjoy their wealth... [but] were not able to easily exchange the cryptocurrency into cash, due to restrictions and limitations on exchanges etc. The White Company, which accepts Bitcoin, Bitcoin Cash, Bitcoin SV, Ethereum, Stellar, and its own White Standard stablecoins, worked with Apis Capital Management to provide liquidity, to enable them to accept crypto, whilst paying vendors with fiat. She claims to have no shortage of crypto-wealthy wanting her services, suggesting that people buy ‘luxury’ items as a status symbol. Lamborghini have appeal as both... the best automobiles [and] as a recognizable brand that is associated with success. Art is another luxury that gives buyers a sense of status but can also be an attractive investment. In meeting the demands of her status-obsessed clients, her company managed to transact to the tune of $250 million last year. Luxury Bitcoin Marketplaces See Mixed Success Then there is Barry Silbert’s brother Alan. BitPremier, his peer-to-peer service, connecting crypto-hungry owners of luxury goods with luxury-hungry crypto-owners sadly bowed out of the market in September 2017 just as the bitcoin price 00 was going through the roof. Other luxury marketplaces have sprung up, however. Besides the White Company, there is Crypto Concinnity, which specializes in purchasing and delivering luxury goods and services using the cryptocurrency of choice. Coinsparrow.io is a concierge service for everyday life letting you book flights, hotels, and other “silly stuff.” Then there is Aditus.net that claims to be the world’s first concierge service for “crypto-affluents” that offers everything from art and real estate to insurance and even citizenship of other countries. While I cannot vouch for these sites since I’m a few satoshis short of a Lambo, being ‘crypto wealthy’ does seem to have its perks. Will crypto concierge services become more popular in the next few years? Share your thought below! Images courtesy of Shutterstock, thewhitecompanyus.com The post What Bear Market? Crypto-Concierge Service Did $250M in Sales Last Year appeared first on Bitcoinist.com.

15 days ago

Edge Markets Report States Ripple is Set to Challenge SWIFT By Targeting Emerging Markets

Edge Markets, based in Malaysia and Singapore, recently released a report in which it says Ripple’s XRP-based software solution xRapid is about to become a major challenger to SWIFT on the global stage by targeting emerging markets. These markets are known for being especially slow with expensive transfer fees, and Ripple is targeting this large segment of the population that has been ignored by the “ancient” SWIFT system for years. SWIFT’s to go down without a fight though as it has already started announcing plans of near future upgrades including secure APIs, predictive analysis and AI. (JF)

21 days ago

Hydrogen (HYDRO) Announces New Long Term Collaboration with IBM

Hydrogen (HYDRO) recently announced a new partnership with IBM that will see Hydrogen’s APIs deployed in the IBM Cloud Catalog to be accessed by IBM Cloud users to build sophisticated fintech applications. The partnership will also provide IBM Global Business Services with access to the Hydrogen platform and its box of security-focused tools and applications. A tweet posted by IBM FinTech reads, “Together with IBM, Hydrogen aims to support financial institutions big and small in creating innovative fintech applications in the areas of investing, savings, wellness, and insurance.” (JF)

a month ago

Ontology’s distributed trust platform defines digital identity protocols

Ontology (ONT) is a “distributed trust network” which also provides the “infrastructure” for creating a “trust ecosystem.” The Ontology network promotes “trust cooperation” and it allows a diverse group of business and technology projects to use its distributed trust platform. According to its official website, Ontology is the first Chinese blockchain-related project to become a member of the Decentralized Identity Foundation, which is an organization focused on standardizing the “decentralized ecosystem” for creating, issuing, and managing digital identities. Ontology: Developing Common Standards For Blockchain Ontology has also reportedly been “involved in” the ISO/ TC 307 blockchain project, which focuses on the “standardization of blockchain technologies and distributed ledger technologies (DLT).” As described on its website, the Ontology platform consists of several distributed ledgers that create a “decoupled architecture.” This type of network design can “support multiple blockchains” and “traditional IT systems” at the base, or underlying layer. Similar to other blockchain platforms, Ontology’s network supports smart contract programming. Core Protocols For Identity Verification, Data Exchange At the application level, the Ontology platform supports “multiple modules and protocols” for facilitating various business processes. The protocols are designed to address the scalability issues facing older blockchain networks. Ontology’s series of W3C (World Wide Web Consortium, an open standards organization) compatible “core protocols” includes those for data exchange, identity verification, and authorization of standard processes. Ontology’s cryptographic signature protocols have been developed according to China’s “national cryptography standard”, RSA, and ECC (Elliptic-Curve Cryptography). Ontology’s design team “supports the development and upkeep of decentralized technology and data systems.” As mentioned on its website, Ontology “lets its partners focus on their business operations” as it handles all the technical work” related to a project. Updates Released For STOs, Sharding, dApp Incentive Model In order to allow developers with a “wide range of technical backgrounds” to create applications on the Ontology network, the platform’s design team has put together a “series of application frameworks.” These include APIs, software development kits (SDKs), and several application modules. As mentioned in the Ontology team’s recent technical summary report (published on January 11th), the platform’s developers have released updated designs for security token offerings (STOs), sharding, and the dApp incentive model. After conducting market research, Ontology’s developers have created a new OEP-506 token standard proposal. The token standard recommends a series of interfaces for launching STOs, while also outlining know-your-customer (KYC) requirements. According to the Ontology development team, sharding “will solve the challenges of blockchain scalability.” As noted in a blog post by Ontology’s developers, the platform’s version of sharding will “ensure decentralization and security of blockchain networks.” Towards the end of last year, the Ontology development team had asked its community members for recommendations on how to set up an incentive program for developing decentralized applications (dApps). After receiving feedback from users, Ontology’s team has put together several incentive (compensation) options that developers can choose from when creating decentralized applications (dApps). Technical Goals: “Ease-Of-Use” & Scalability Honglei Cong, a senior blockchain professional at Ontology who previously worked as a principal software architect at Dell EMC (a Fortune 500 data storage technology firm), has said ease-of-use and scalability are currently the top technical priorities for Ontology. Cong added that there are new developer tools including the Python Compiler and the Wasm (web assembly) platform that the Ontology team plans to start working with. On March 30th, 2018, the “first open letter” to the Ontology technology team noted that the Ontology blockchain framework would include: a “complete distributed ledger system”, a “peer-to-peer (P2P) network protocol”, a “modular consensus protocol set”, and a “modular smart contract mechanism”, among other features. The platform’s development team appears to be following through with its plans, as the team revealed on January 4th, 2019 that it will be working with TEEX, a P2P computing network, to improve “on-chain” security and privacy. Developing “Private” Smart Contracts The cooperation between TEEX and Ontology’s development team will reportedly involve developing “secure client private key solutions.” This will be done by working with a Trusted Execution Environment (TEE), which is “a black box” that resides inside computer chips. The TEE separates application code and data from external software application. Ontology’s public blockchain n

a month ago

Coinbase buys Blockspring, its 10th acquisition in 12 months

Coinbase has been on something of an acquisition spree of late, making 10 acquisitions in 12 months. Its most recent, Blockspring, was just announced by the startup this week. Blockspring started out as a serverless APIs business before morphing into a service that allows people to use API data to increase their productivity. Following the acquisition, Blockspring will continue operating as an independent company. “Joining Coinbase was a no-brainer for a number reasons including its commitment to establishing an open financial system and the strength of its engineering team, led by Tim Wagner (formerly of AWS Lambda),” wrote Paul Katsen, Blockspring CEO on the company blog. “Making the technical simple and accessible is what we’ve always been about at Blockspring. And now we’ll get to push these goals forward along with the talented folks at Coinbase to make something greater than we could on our own.” Last October, Coinbase raised $300 million of funding at a valuation of over $8 billion, and the Blockspring acquisition is the first announced since the Series E ended. The post Coinbase buys Blockspring, its 10th acquisition in 12 months appeared first on The Block.

a month ago

Coinbase Fulfills Yet Another Acquisition Buying Out Andreessen Horowitz-Backed Blockspring

CoinSpeaker Coinbase Fulfills Yet Another Acquisition Buying Out Andreessen Horowitz-Backed Blockspring The major US digital asset exchange Coinbase has further expanded its scale of activity and influence. The company has acquired Andreessen Horowitz-backed Blockspring, a San Francisco-based firm that produces tools for automatical gathering and processing information from application programming interfaces (APIs). .@Blockspring Team is Joining @coinbase! We're super excited. Announcement here: https://t.co/d9uh3roVBt pic.twitter.com/FTDIpc0B07 — Blockspring (@Blockspring) January 17, 2019 Blockspring noted that despite joining Coinbase, the APL developer will continue to operate as an independent company and its products will continue to operate for current and new customers as they always have. In a blog post, Paul Kalsen, the co-founder and CEO at Blockspring, wrote: “Joining Coinbase was a no-brainer for a number reasons including its commitment to establishing an open financial system and the strength of its engineering team, led by Tim Wagner (formerly of AWS Lambda). Making the technical simple and accessible is what we’ve always been about at Blockspring. And now we’ll get to push these goals forward along with the talented folks at Coinbase to make something greater than we could on our own.” Coinbase Acquisitions According to CoinMarketCap, Coinbase is the 39th largest exchange in the world. The company, which is well-known for its services and a range of products, is continuously expanding. For Coinbase, Blockspring is one of the eleven firms the exchange has acquired for its collection. The largest acquisition took place in April 2018 and involved a $120 million deal for Earn.com, known for developing a social network and two-sided marketplace that enables users to earn digital currencies by replying to emails and fulfilling microtasks. The deal became the fifth acquisition by Coinbase. Soon after the acquisition, which involved an offer of equity package, the valuations of the exchange operator have soared to $8 billion. Also in April 2018, Coinbase acquired Cipher Browser, an Ethereum blockchain-based app browser and wallet service provider. Among other companies bought out by the exchange are Keystone Capital, Distributed Systems Inc., and others. In December 2019, Coinbase received support for its accounts and wallets from Wealthfront, the SEC-registered investment advisor. As part of this integration, Wealthfront users are now able to track their cryptocurrency investments using the Wealthfront’s financial planning tool. During the first few months of 2019, savings and checking accounts are to be provided. About Blockspring Blockspring is a tech startup famous for the API data service which includes building lists and repositories that can be used for marketing and sales purposes. Blockspring connects your applications to your data, allowing the automation of exports, refreshing and warehousing. The company is pretty popular and has a lot of clients. For its services, Blockspring charges only $29 USD. In 2015, the company raised $3.4 million in a round led by venture capital firm Andreessen Horowitz and seed-stage investment firm SV Angel, while also having support from venture fund Y Combinator. Coinbase Fulfills Yet Another Acquisition Buying Out Andreessen Horowitz-Backed Blockspring

a month ago

Coinbase Acquires Andreessen Horowitz–Backed Startup Blockspring

Blockspring, a startup that makes tools for collecting and managing data from APIs, has been acquired by Coinbase.

a month ago

Coinbase Acquisition: Californian based Data Collection Startup Blockspring Acquired by Coinbase

Coinbase has been aggressive when it comes to capturing the most potential startups. On Jan 17, 2019, in an undisclosed deal, Blockspring a California based data collection startup reported acquisition by Coinbase. This is Coinbase’s first major acquisition this year, it is worth noting that coinbase executed 4 major acquisition in 2018. Coinbase’s acquisition in 2018-2019 so far Apr 16, 2018 - Coinbase Acquires Earn.com May 2018 - Acquisition of trading platform Paradex June 06, 2018 - Acquisition of financial services firm, Keystone Capital Corp Aug 15, 2018 - Coinbase acquires San-Francisco based Distributed Systems team Jan 2019 - New Acquisition of Data Collection Startup, Blockspring Coinbase hunting crypto grounds for talent, Blockspring a step towards it Reports unveiled that the world’s largest cryptocurrency exchange Coinbase has acquired Blockspring, a data collection startup based in San Franciso. Although Coinbase didn’t reveal anything (neither on its website nor on social media), one of its representatives confirmed to media today and’ declined to comment further’. Henceforth the amount of acquisition is also out of sight. As per the data, the startup had earlier raised $3.5 million from investors, including coinbase investors - SV Angel and A16z. However, the announcement was primarily broke out via official blog of ‘Blockspring’ and the social media accounts of its officials. CEO Paul Katsen notes in a statement; “Joining Coinbase was a no-brainer for a number of reasons including its commitment to establishing an open financial system and the strength of its engineering team, led by Tim Wagner (formerly of AWS Lambda). Making the technical simple and accessible is what we’ve always been about at Blockspring. And now we’ll get to push these goals forward along with the talented folks at Coinbase to make something greater than we could on our own,” Unlike other acquisitions like Keystone Capital Corp in June 2018, Digital identity startup, Distributed System during Aug 2018, this purchase is more likely ‘a talent-related acquisition’. This is because; the staff of Blockspring will continue to work but with Coinbase team. By joining the Coinbase team, there would be no difference to the existing and new customers of Blockspring. Customers can still enjoy Blockspring services. Tim Wagner, the lead official of Blockspring announced on Twitter; Excited to share that the @Blockspring team is joining Coinbase to help build out our developer tools. They’ve built an impressive platform that connects hundreds of different APIs and we’re excited for them to continue their work here at Coinbase! — Tim Wagner (@timallenwagner) January 16, 2019 What’s your take of Coinbase’s new acquisition? Let us know. The post Coinbase Acquisition: Californian based Data Collection Startup Blockspring Acquired by Coinbase appeared first on Coingape.

a month ago

Bitcoin Cash SV Is Bringing APIs To Support Instant Transactions For Merchants

Steve Shadders, the Technical Director at nChain, which was the primary backer of Bitcoin Cash SV spoke about their plans on differentiating from Bitcoin Cash. The first problem that they want to address is merchant payments. Shadders hopes to bring APIs that would support instant transactions and assurance for the money. Bitcoin Cash SV was forked from Bitcoin Cash in November 2018 after the community was split up on its future. Bitcoin Cash SV (BSV) is priced at $76.97, losing 1.85% in the last 24 hours. (VS)

a month ago

One year into Open Banking, UK banks still expect banking services from tech giants

One year into the roll-out of “Open Banking” — UK legislation mirroring PSD2 (Payment Service Directive 2) that requires the largest UK banks to provide standardized data access to authorized regulated organizations — has so far been met with muted impact on the largest deposit franchises in the UK. But the challenger banks are coming. Open Banking was seen as a net positive in the consumer banking industry as a way to drive innovation and level the playing field among incumbent and challenger banks alike, intending to benefit both consumers and small businesses. Moreover, by lowering the data rail friction between banks and third parties, many expect to see aggregators and fintech firms leverage APIs to provide new products and compete for deposit share over time. While there has been meaningful growth in approved third parties that can access the standardized Open Banking API, UK’s largest incumbent banks have adapted and shown little desire to be caught off-guard by the shifting landscape and competition. Bloomberg reported that a survey of 50 executives in the UK — conducted by Pepper, a mobile bank owned by Tel-Aviv-based Bank Leumi Le- Israel Ltd — found that “a majority said the legislation will spur technology giants such as Amazon and Google to unveil their own retail banking services within the next five years.” The survey also found that more than 82% of executives polled think their organization is falling behind rising fintech challengers such as Monzo Bank, Starling Bank, and Revolut. The post One year into Open Banking, UK banks still expect banking services from tech giants appeared first on The Block.

a month ago

LIQNET - Liquidity Focused Crypto Exchange

LIQNET.COM is a Singapore-based crypto exchange. But really it’s very different from any exchange you’ve seen before. More correctly would be to call LIQNET an exchange aggregator. LIQNET collects orders from other crypto exchanges into one single interface and allows users to trade at the best prices and large volumes. So why is liquidity important? Liquidity is always a problem in a bear crypto market. For a crypto whale, low liquidity basically means that you will not be able to buy or sell a significant amount of coins and miss out on profits or even lose money. According to a research conducted by the Blockchain Transparency Institute, more than 80% of the volume exchanges show is faked. These exchanges are trying very hard to show that they are active and they have users and liquidity. Well, LIQNET is thinking outside the box here and aiming to disrupt the market with their own liquidity pooling technology. How LIQNET works LIQNET is a meta-exchange that collects orders from other exchanges through open APIs and allows them to be traded in one place. In addition to obvious convenience, this functionality greatly increases liquidity for LIQNET clients, and this is an increase in trading speed and, as a result, traders’ profits. This also has the added benefit that LIQNET is not competing with these exchanges, as it trades using their API and pays fees! So in effectiveness, LIQNET is a new generation of exchange built above existing infrastructure and improving on the negative aspects of exchange usage. LIQNET’s liquidity collection mechanism is called LEN - a proprietary technology of the company. The name stands for Liquidity Exchange Network. It collects and combines the orders of clients of the exchange and the orders of other sites into one order book. So LIQNET clients can trade in this huge stream of orders and they have an edge over those who sit on the same exchange or try to monitor several separate platforms. Additionally, LIQNET allows for complex trading instruments some other exchanges don’t have, such as take profit, trailing stops, Iceberg, IFD, OCO, IFDOCO orders and more. Why liquidity matters? The situation on the cryptocurrency market is completely different than on the currency market. Large transactions with cryptocurrency have a very serious impact on the change of quotations. This is due to the fact that the liquidity of cryptocurrency is rather low, and the lower the liquidity, the smaller the transaction can lead to a serious change in prices. So large traders face the problem that they have to pay significantly more than they planned because of this. There may simply not be enough coins for a deal at the exchange these large players have chosen. Safety first! The head office is located in Singapore, where there are very strict cryptocurrency laws. This means that LIQNET complies with the most advanced international standards. For the server part, they use a geo-distributed private cloud, while the client part consists of a web terminal. They cooperate only with experienced and reputable players, and each version of the exchange is subject to a strict independent security audit. There is a two-factor authentication, KYC through a reliable partner. LEN tokens LEN token is the main community-building tool of LIQNET. Holding tokens grants a discount of up to 90% on exchange fees. Tokenholders will be able to communicate with each other in chat rooms and forums and have voting rights like choosing what trading pairs appear on the exchange and ways to spend collected commissions. About LIQNET LIQNET was founded in 2015 by Roman Shirokov, Vyacheslav Kasatkin and Yevgeny Tarasenko. All of them have a proven track record in finance, stock and forex trading and information technologies. These guys saw the problems of current trading platforms and created a solution based on their experience. LIQNET is a fully licensed exchange and you can be sure that your funds will be safe. They hold several EU financial services licenses, for exchanging a virtual currency against a fiat currency, providing a virtual currency wallet service and operating as a financial institution. Join LIQNET’s Facebook and Twitter to stay updated on news and events! This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of NullTX. This is not investment, trading, or gambling advice. Always conduct your own independent research. The post LIQNET - Liquidity Focused Crypto Exchange appeared first on NullTX.

a month ago

Cryptocurrency Firms Speak Out Against a McKinsey Report Critical of the Blockchain

Leading consulting firm McKinsey & Co recently released a report outlining the state of the blockchain sector. Per the report, the blockchain has potential, is still in its pioneer stage, and most of its use cases have failed to take off. Blockchain firms have come to speak against this report and debunked some of the points made within. Ambrosus CEO Angel Versetti has stated that currently, the blockchain is the best solution in its intended use case because of its immutability and being censorship resistant. Brent Jaciow, the CEO of Utopia Music acknowledged that the blockchain is still an emerging industry, but it should create APIs that are integrated to existing solutions and a user experience that is simple to help in bypassing challenges. The report despite being critical notes that the blockchain is a game-changer. (KE)

a month ago

ConsenSys Interview Opera to Discuss Their Native Browser Wallet Built on Ethereum

Opera was founded in 1996 and today provides browsers and AI-powered content delivery solutions to more than 320 million people around the world. The company is now officially entering the crypto world with a new crypto wallet with Ethereum integrations built into their existing browser. ConsenSys Media recently interviewed Opera Crypto product manager Charles Hamel and discussed their entry into the crypto ecosystem. Opera’s Crypto Debut The Opera browser now comes with an Ethereum-integrated native crypto wallet, providing a new way for users to store cryptocurrencies. The native wallet comes with a one-touch process for sending and receiving cryptos instantly. It also opens up the new world of web3 to the Opera browser users by enabling them to explore decentralized applications. As it is built into the browser, it removes the need to install separate crypto wallet plugins or extensions. Opera is pioneering web3 for mainstream browsers, and Hamel thinks that it is an exciting thing for developers who can move away from APIs to smart contracts. In the interview he said: “Web3 is a new trust layer that enables people to identify themselves in an independent way, facilitates payments and value transfer between people, and allows for new applications that have not been native to the web.” However, he also thinks that problems with overall accessibility-like design and usability are barriers to the mainstream adoption of web3. With Opera, dApps can be automatically detected, ERC20 tokens can be found, and a user’s digital collectibles can also be accessed. Additionally, Opera allows the use of an Android phone’s biometric lock to sign transactions instead of depending on PIN codes and passwords. He also noted that Opera’s crypto product helps users in overcoming the mental load of using new tech. People are already familiar with Opera and browsers, so they can use the native wallet application without too much additional work and gain access to the new web. Opera’s Focus on Android, Ethereum and Emerging Markets Opera’s crypto offerings have been made available on Android phones because Android holds a more dominant position than any other mobile operating system in many regions. Halem also said that it is easier to build alternative browsers for Android because of iOS’ inclination towards Safari. However, they will target the iOS platform at some point. Opera choose the Ethereum blockchain because of the developer community’s tooling and because the blockchain already has utility in open finance. Halem said that Ethereum is also the best platform for smart contracts, making it Opera’s first choice for crypto integration. Opera is partnering with Infura and Airswap- both ConsenSys companies to bridge web2 with web3. Halem added that Opera has the potential to have more impact on emerging markets where established systems may not exist. Cryptocurrencies can offer quicker and flexible solutions for value transfer and sovereign identification in these markets. ConsenSys Interview Opera to Discuss Their Native Browser Wallet Built on Ethereum was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

a month ago

Ethereum Maps Route To Constantinople And Beyond

The Ethereum community is preparing for a hard fork, as the next step on a road that will ultimately leave mining behind. At block height 7,080,000, the Constantinople update will change the rules for network consensus. The upgrade is expected to occur sometime between January 14th and January 18th. Hard forks are system-wide updates that are supposed to be harmless but have become the scene of some community in-fighting. Ethereum’s most famous hard fork occurred after the DAO hack, when the majority of the community rewound transaction history to restore hacked funds to their original owners. What is Constantinople? The new update, Constantinople, is “designed to improve the overall security, scalability, and functionality by addressing key technical points in the network’s code.” It is made up of five different Ethereum Improvement Proposals (EIPs), which “describe standards for the Ethereum platform, including core protocol specifications, client APIs, and contract standards.” This upgrade will seek to ensure a smooth transition from the energy-intensive Proof-of-Work (PoW) algorithm to a greener Proof of Stake (PoS) algorithm. Hailed as a maintenance and optimization upgrade, Constantinople features a series of small, but highly technical improvements to the Ethereum protocol. These improvements are designed to expand the overall functionality, security, and scalability of the largest smart contract platform. They will also include changes to Ethereum’s economic policy by reducing block rewards and removing the “Difficulty Bomb.” The five EIPs in the Constantinople update are: EIP 145: This EIP introduces a native ‘bitwise shifting’ that can run through bytecode at a cost that is on par with other arithmetic operations. EIP 1052: Introduces a new upgrade, where only the compressed code containing essential contract data is checked, as opposed to the whole code. EIP 1283: This EIP proposes reductions in the amount of Gas developers need to pay when building smart contracts and reduces excessive Gas costs when unnecessary. EIP 1014: This EIP allows for communication with off-chain addresses, which is an important use case for state channels. EIP 1234: Upon implementation, the “Difficulty Bomb” (also known as “ice age“) will be removed, and blocks will become less complex and faster to mine. This EIP will reduce the reward per block from 3 ETH to 2 ETH per block, over a built-in 12-month timeframe. How ProgPoW Will Work Until Staking In anticipation of the shift to PoS, Ethereum devs have lobbied to implement Programmatic Proof-of-Work, otherwise known as ProgPoW. ProgPoW is an alternative PoW algorithm designed to close the performance gap between ASIC and GPU mining rigs. Many within the Ethereum community have expressed concern over ASIC-mining domination on the platform as the number of ASICs on the network has steadily increased. They argue that if this continues, there is a risk that power could be consolidated among mining pools or rig manufacturers who can halt or significantly delay Ethereum’s shift to PoS. To counter this, and simultaneously preserve the decentralization of the blockchain, Ethereum developers came to a consensus to implement ProgPoW. The ProgPoW algorithm has been specifically designed to match what is available on commodity GPUs. ProgPoW would essentially drop the improvement ratio of specialized ASICs, making it untenable to even invest in them. ProgPoW is an ‘ASIC-resistant’ algorithm and works to ensure that mining power cannot be centralized by a few players. What will staking ETH look like and how will users participate? The next big step after Constantinople is the Casper upgrade, when ETH token holders will be able to stake coins. Instead of mining blocks, network participants will be rewarded for running a node and holding ETH for a fixed period. Stakers will be chosen randomly from a large pool of token holders, earning rewards that are proportional to the number of ETH they hold. Staking also gives ETH holders decision-making power, allowing them to vote and ensure the legitimacy of transactions with the weight of their stake. For instance, if a user identifies a block they believe needs to be included in the blockchain, they will approve it by placing a part of their stake on the block. If the block gets added to the blockchain, the user will earn a reward proportional to their staked amount. Should the staker approve an incorrect or malicious block, they could lose their staked amount. Who needs to run the Constantinople update? Since the upgrade is a hard fork, the network of computers running ETH software must either update or continue running independently. Overall, the Constantinople Ethereum update remains an essential update for both ordinary users and developers. The author is invested in ETH, which is mentioned in this article. The post Ethereum Maps Route To Constantinople And Beyond appeared first on Crypto Briefing.

a month ago

Visa Teams Up SiriusXM to Revolutionize Driving Experience with the New In-Car Payments Solution

CoinSpeaker Visa Teams Up SiriusXM to Revolutionize Driving Experience with the New In-Car Payments Solution Visa, an American multinational financial services corporation that facilitates electronic funds transfers throughout the world, has partnered with SiriusXM Connected Vehicles Services Inc., a subsidiary of Sirius XM Holdings Inc. with the aim to create a new in-vehicle payment solution. Visa and @SIRIUSXM are joining forces to enhance the driving experience with the SiriusXM e-wallet, a seamless in-vehicle payment solution that enables order ahead payments for food, gas, and parking. Watch now: https://t.co/zkmbglkad7 — VisaNews (@VisaNews) January 7, 2019 To revolutionize the driving experience, the two companies are working on the SiriusXM e-wallet which is expected to allow drivers and their passengers to complete and make everyday purchases on-the-go. They will be able to shop and pay for coffee, locate and pay for parking, purchase movie tickets, etc. According to the press release, users will activate and confirm payment with their Visa account through biometric authentication, like voice and touchscreen commands, which will help to avoid distractions that could endanger drivers or passengers during the transaction. The solution will be powered by Visa and SiriusXM Application Programming Interfaces (APIs). To implement such services, Visa is establishing virtual payment relationships through a number retailers and providing secure authentication capabilities for added security, while SiriusXM is developing the next-generation protocols that are necessary to establish real-time connectivity and in-vehicle interfaces with a broad variety of personalized content and data aggregated from a network of platforms. These services will be showcased to automobile manufacturers during 2019. Olabisi Boyle, Vice President at Visa, commented: “Teaming up with SiriusXM is a big step forward in Visa’s quest for connected commerce across the automotive ecosystem. SiriusXM’s solid network with automotive manufacturers and established consumer interfaces, combined with our payment expertise, will help fast-track the endless opportunities for drivers to safely and securely accomplish tasks during their commute”. The company promises that the Visa Token Service will provide an additional layer of security to transactions. John Jasper, Senior Vice President for SiriusXM Connected Vehicle Services, said: “Visa is the world’s leader in digital payments and our Connected Vehicle Services group has deep roots and a broad reach in the auto industry. Our work with Visa is a significant step in establishing the next generation of vehicle-to-everything connectivity, transforming the vehicle into a ‘hub’ that provides for real-time, convenient transactional services to drivers and passengers.” In-car payments are not new, they have already been explored and tried. 2017 was marked by collaboration between Jaguar, Shell, and Apple that allowed in-car payments using the latter’s Apple Pay platform. However, the partnership between Visa and SiriusXM is expected to shift things greatly, as Visa has sufficient experience in the field of financial services, while Sirius XM has gained a reputation of a good player across the automotive sector. Pooling their efforts together seems to have much success in the near future. The in-vehicle payment solution has already been presented by Peter Polit, Vice President and General Manager of Connected Vehicle Strategy and Business Development at SiriusXM on January 7 at the Consumer Telematics Show in Las Vegas, Nevada. Visa Teams Up SiriusXM to Revolutionize Driving Experience with the New In-Car Payments Solution

a month ago

Ripple’s CEO Brad Garlinghouse acknowledges the XRP community’s fervor and excitement revolving Ripple

Ripple and XRP, the dynamic duo is trying to take over the global payment system which has been outdated for more than four decades. Ever since the start, Ripple has aimed to revolutionize the financial sector, make it easier to process cross-border payments or even the remittance industry. With the crypto-frenzy of 2017 coming to an end, the price of XRP had reached lows causing a lot of investors to panic and cash out of their investments despite Ripple’s plans remaining the same. Speaking with CNBC, Brad Garlinghouse acknowledged how this was true but also confirmed how the XRP community is still hyped about the platform and the features that they plan to bring to the cryptocurrency space. Brad stated: “People got really excited about the potential of a new platform and the hype got ahead of the reality. That unequivocally has happened in this space... There’s religious fervor around all of them — some people seem to think these are the crusades and this is a holy war is being fought.” Moreover, with the recent addition of 13 partners, Ripple even announced that their partnerships with financial institutions and banks had exceeded more than 200. Garlinghouse confirmed that a few of the banks that they partnered with are on board for leveraging XRP to source liquidity on-demand for processing payments, which implies that xRapid is officially being used by some banks. Some partners decided to use Ripple’s other solutions and APIs to get near-instant settlements so as to comply with regulations. Ripple, now operates in more than 40 countries with successful partnerships. A Twitter user, @alexcobb tweeted: “Today the XRP community received some very good news. We now have 5 more institutions that will be leveraging XRP for cross border payments, and even brad is saying that they are seeing “more customers flip the switch and leverage XRP” The post Ripple’s CEO Brad Garlinghouse acknowledges the XRP community’s fervor and excitement revolving Ripple appeared first on AMBCrypto.

a month ago

Fintech Firm Plaid Acquires Its Rival Quovo to Build the New Full-Service API Platform

CoinSpeaker Fintech Firm Plaid Acquires Its Rival Quovo to Build the New Full-Service API Platform The year has started with big deals for some companies. For example, fintech startup Plaid is acquiring its own competitor, Quovo, and is going to launch a new enhanced API platform that will offer a full range of services. First acquisition The startup called Plaid is known as a company that deals with building APIs for financial consumer-oriented services apps, in other words, this fintech firm gives developers an opportunity to create their financial services applications. As it has been recently announced, Plaid has decided that it is ready to make its first major acquisition. It is acquiring Quovo, which is a company doing just the similar things but focusing on the investment aspect of the financial sphere, and, consequently, is the Plaid’s rival. Nevertheless, the details of the deal haven’t been officially disclosed. According to the source that preferred to stay unnamed, Plaid will pay $200 million but this information is not confirmed. Acquiring its rival, the San Francisco-based startup is planning to expand the sphere of its activities and enter the wealth management market. This new move will enable developers to add a consumer’s full financial picture to their future financial apps. Some Background Information Plaid is building links between bank accounts and various fintech apps including Robinhood, Venmo, and Coinbase. According to the data provided in December, Plaid’s technology is used by 25 percent of American citizens and residents who have their own bank accounts. Moreover, not so long ago Plaid managed to raise $250 million in the latest Series C funding round that was led by popular venture capitalist Mary Meeker. As CoinSpeaker has already reported, after this round Plaid has hit a $2.65 billion valuation. Quovo’s activities also include linking customers’ financial accounts with financial apps. Nevertheless, from the very beginning of its operating this New York-based firm has been paying more attention to investment and brokerage data. Its client base includes numerous firms like Betterment, Wealthfront, Vanguard, and Empower Retirement. New Opportunities for Plaid Following the deal, both companies will share a single platform. This platform will be intended for large companies and developers that will use it to create a wide range of financial applications. Speaking about the acquisition, William Hockey, co-founder of Plaid and its Chief Technology Officer, stated: “We’ve known about Quovo for a long time and had been admiring them from afar. As we started to look at the market going forward, a big goal was to empower a full financial picture for the user — this builds towards that vision.” Thanks to this acquisition, Plaid will have a more holistic view of all the financial spheres and, as a result, it will offer much more opportunities for its clients. It is planned that the deal will be closed this week and the team of Quovo will join Plaid in the nearest future. Fintech Firm Plaid Acquires Its Rival Quovo to Build the New Full-Service API Platform

a month ago

Ripple celebrates a massive start to 2019; XRP used for liquidity sourcing confirmed by Brad Garlinghouse

Ripple, the company that is changing the remittance industry and the banking sector just announced that their partnerships with banks and other financial institutions have exceeded more than 200. Ripple has been busy the whole of 2018 and as per their recent blog post they have announced new partnerships with 13 financial institutions namely, Euro Exim Bank, SendFriend, JNFX, FTCS, Ahli Bank of Kuwait, Transpaygo, BFC Bahrain, ConnectPay, GMT, WorldCom Finance, Olympia Trust Company, Pontual/USEND and Rendimento. The blog stated: “JNFX, SendFriend, Transpaygo, FTCS and Euro Exim Bank will leverage the digital asset XRP to source liquidity on-demand when sending payments on behalf of their customers.” For banks and financial institutions that are hesitant in using the digital asset, XRP, Ripple is providing them with their technology and modern APIs for immediate settlement and more transparent payments. Brad Garlinghouse, CEO of Ripple stated: “In 2018, nearly 100 financial institutions joined RippleNet, and we’re now signing two—sometimes three—new customers per week. We also saw a 350 percent increase last year in customers sending live payments, and we’re beginning to see more customers flip the switch and leverage XRP for on-demand liquidity. At the end of the day, our goal is to make sure our customers can provide excellent, efficient cross-border payments experiences for their customers, wherever they are in the world.” Moreover, notable people at Ripple were extremely happy with this accomplishment which was clearly visible through their tweets. Brad Garlinghouse tweeted: Dilip Rao, the Global Head, Infrastructure Innovation at Ripple tweeted: “200 Production Clients - amazing milestone for @Ripple ! The run rate of 100 new clients signed in 2018 shows product:market fit - #0doubt #xrpthestandard” Asheesh Birla, the SVP, Product at Ripple tweeted: “Nothing inspires our teams at Ripple than more customers building and expanding their business using Ripple products! Excited to further accelerate this in 2019!” There have been some speculations in the Twitter community about the prices of XRP shooting up soon as Brad Garlinghouse mentioned that some of their customers are using XRP. Elliot Hancock tweeted: “I’m finding it hard to see what positive news other than regulatory clarity from the states will move the price of XRP forwards. Either way that’s fine for me and in the meantime happy to watch the Ripple team go from strength to strength.” The post Ripple celebrates a massive start to 2019; XRP used for liquidity sourcing confirmed by Brad Garlinghouse appeared first on AMBCrypto.

a month ago

Ripple's Payment Network now has more than 200 Customers

Today Ripple announced that it has signed deals with 13 new customers who will use its RippleNet payment network. There are now more than 200 customers planning to use RippleNet and of the new customers, JNFX, SendFriend, Transpaygo, FTCS, and Euro Exim Bank will use XRP to access liquidity on-demand when sending payments on behalf of customers. Ripple explained that the use of XRP “for liquidity” makes it possible for financial institutions to avoid the task of pre-funding accounts in destination currencies. The use of XRP also makes it faster, easier and cheaper to send payments. Ripple also said that financial institutions using RippleNet but not XRP can use Ripple’s technology in conjunction with APIs for “faster, lower cost and more transparent payments”. (RS)

a month ago

Unibright & Deutsche Bahn Vertrieb’s Collaboration for Tokenization of Services

Deutsche Bahn AG, a Germany-based, biggest railway operator in Europe, is all set to tokenize its ecosystem with the help of Unibright’s blockchain solution. The project includes working on the workshop content for an internal entrepreneurship program, through which the Deutsche Bahn (DB)’s ecosystem will be tokenized via blockchain technology. The Background DB is the biggest railways operator in Europe, earning the highest revenue in the industry worldwide during 2015. It has a grand customer base of around 2 billion every year. The company offers tickets, both standard and personalized, via website, app and ticket machine. Inclusive services like transportation, accommodation, and catering are also provided. Akram Sioud, the BI developer and blockchain professional at DB, has convinced the company to take Unibright on board for developing blockchain based solution to put together all connected services. The three experts at Unibright are currently focused on a 4-week DB internal workshop to initiate the project, gather information and discuss implementation matters with the company’s selected experts. Structural & Technical DB Ecosystem In terms of structure, the Deutsche Bahn ecosystem already has the company and all its connected service providers on board. At the same time, the ecosystem is technically connected to datastreams of multiple participant companies empowered by APIs at one or both ends of the connection. These connections enable integration of the services onto a common platform as a part of the ecosystem. Marten Jung, CEO of Unibright, states: “One goal of the workshop concept was to define better, which players can be part of an ecosystem around Deutsche Bahn and to make proposals on how this ecosystem can be built. The result should feel natural to the customer and provide tangible advantage.” Ecosystem Tokenization Through tokenization, the participating values and assets will be converted into transferrable, partial, controllable and restricted-in-use tokens, which will act like vouchers or value representation with specific sense in DB ecosystem. Daniel Benkenstein, CIO of Unibright, says: “One goal of the workshop concept was to tokenize values and assets that can be part of that future ecosystem, and also to check on possible transformations of existing value-based systems like “BahnBonus-Punkte” (a reward program where a customer can collect points for each ticket purchase)”. Choosing blockchain as the technology, Stefan Schmidt, CTO of Unibright, adds: “The technical part of integrating existing players into a newly build ecosystem is not trivial. Therefore, one goal of the workshop concept was to show, which parts of the solution can live in a blockchain and how can they be integrated with the “off-chain world”, a challenge that is explicitly targeted by the Unibright Framework” The Ecosystem’s Basic Workflow The concept is to connect all parts of the journey via tokens, including travel miles, services, hotel bookings, services, transportation and other assets. The purchase assets can be transferred or sold. Roles and Processes The issuing office defines new tokens to become part of the ecosystem, e.g. when a new provider is included The provider can offer his tokens for sale on a dedicated platform A collector transfers tokens from users to providers; either manually or automatically. The consumer manages his wallet to hold and monitor the different assets, represented by tokens. On these roles the following processes are defined. Selling and buying tokens Collecting tokens Transferring tokens Issuing new tokens for new assets of new providers The Utilization of Tokenized Assets Different suppliers can define new assets and bring them into the ecosystem. These tokens can be (independently) redeemed for their initial purpose and be bought later to refill the personal balance. A customer can gain big through option that connects and converts different assets from the ecosystem. Proof of Concept Integration The DB ecosystem consists of four aspects for PoS implementation. A token and asset model based on NEM features, including a basic REST-API, Views for the customer Views for the responsible designer of the ecosystem, using the Unibright Workflow Designer. Views for the responsible manager of the ecosystem, using the Unibright Explorer. The NEM features The given solution is built on NEM Protocol, offering different smart assets and operations based on NEM features. For each asset, a specific token is created, representing the balance of this asset For each token, a reverse token is created, modeling the claim to this asset as soon as the service is provided. All tokens initially are in wallets that are owned by DB. Every purchased travel leads to an account (wallet), assigned to a specific user, holding the purchased and claimed tokens. The API-Supported operations are: Booking a journey Creating a wallet and purchasing tokens Transferring tokens Clearing The Ec

a month ago

Bity Avails Its Cryptocurrency Exchange API for Third Party Integration

Earlier today, Bity, a Swiss-based crypto exchange and ATM network announced that it had availed its crypto exchange API to any third party willing to offer its customers access to the crypto market. The API would enable programmable instant purchases, sells, and trades of digital currencies without customers creating accounts of using the lengthy KYC process on Bity.com. Per the announcement, the API underpins ETH, BTC, and REP with more cryptocurrencies set to come soon. This API is different from traditional APIs as Bity never holds customer funds at any given time. In so doing, the firm avoids custodial risks. (KE)

a month ago

Nomics, a Minneapolis-based Crypto Data Organization Raises $3 million

Nomics, a crypto data startup that delivers professional-grade cloud-based data products and APIs for institutional crypto investors has raised $3 million in its first round of funding from VC firms. Arthur Ventures spearheaded the financing, which involved crypto sector veterans such as BitGo co-founder Ben Davenport, Coinbase Ventures, CoVenture Crypto, and Digital Currency Group. The firm unveiled that it would use the money to create more products and increase its workforce. (VK)

2 months ago

Cashy Web Application Boosts Script Contracts in Bitcoin Cash

The creators of the Simple Ledger Protocol have released a new tool for Bitcoin Cash (BCH) programmers called Cashy. The toolbox allows developers to program script contracts and a wide variety of programmable money applications using the BCH network. Also read: Hash Wars: BCH Proponents Face a New Dawn in the Battle’s Aftermath Cashy: A Web Application for Programming Script Contracts in Bitcoin Cash Cashy is is a toolbox for programming a bunch of different kinds of applications and smart contracts that are tethered to the BCH chain. SLP developers have also published a video demonstration of Cashy by writing a multi-signature contract. On Twitter, the development team said they were thrilled to publish a tool that can bring a ton of innovation when coupled with the recently added BCH opcodes. “Cashy is a unique and powerful web application for programming Script Contracts in Bitcoin Cash,” explained the SLP creators. “The new Bitcoin Cash opcodes will take crypto to the next level — Real world use cases.” In the video, the SLP creators show how the toolbox can be useful for multiple parties attempting to agree on the correct P2SH address to use in a multi-signature contract. With SLP’s Cashy, all parties can verify the multi-sig address against the contract agreement to see if it is valid. The demonstration on Youtube also details that the team will publish more videos showcasing other use cases. Non-Standard Scripts via the P2SH Address Format For instance, the SLP developers note that Cashy can validate new script template files, and interacts with oracle APIs and trusted third party data. The Cashy tool also works with BCH timelocks and makes use of the network’s opcodes like OP_CLTV, OP_CSV, OP_CHECKDATASIG, and OP_CHECKSIG. Moreover, the application can create data and transaction signatures from OP_CHECKDATASIG, and OP_CHECKSIG. Cashy can also build things using a UTF-8 string or hex data and can incorporate loops using the ‘script-repeat’ feature. Bitcoin Cash proponents on social media and forums like r/btc seemed to like the latest product offered by the SLP developers. The announcement is a top post on the r/btc subreddit forum and BCH supporters discussed both the application and video tutorial. One of the developers from the SLP project, James Cramer, thanked people for taking an interest and stated that he looks forward to showcasing even more Cashy capabilities coupled with the BCH script. “Cashy is all about non-standard scripts via the P2SH address format — The multi-sig example presented is non-standard,” Cramer added during the Cashy launch. What do you think about the Cashy application? Let us know what you think about this subject in the comments section below. Images via Shutterstock, Cashy, SLP, and Twitter. Want to create your own secure cold storage paper wallet? Check our tools section. The post Cashy Web Application Boosts Script Contracts in Bitcoin Cash appeared first on Bitcoin News.

2 months ago

Programação Blockchain com Python

Por: Livecoins Se você chegou até aqui já sabe que o Facebook está contratando em massa profissionais desenvolvedores de blockchain, e que o salários pagos a estes profissionais são os melhores no momento atual. Além disso é uma das profissões em alta de acordo com o LinkedIn. As empresas estão em busca de profissionais que saibam a lógica da programação, e que conheça também o que é blockchain, criptomoedas e tokens. Uma dica é conhecer as linguagens que estão em alta no mercado, e de acordo com um levantamento da Codecademy, o ano de 2018 foi da linguagem Python. O estudo na íntegra foi enviado pelo e-mail de quem assina a newsletter do website, porém o trouxemos com exclusividade a toda a comunidade de desenvolvedores brasileiros ligados a blockchain. Somente em 2018, mais de 2 milhões de pessoas começaram a aprender a linguagem pela plataforma Codecademy. Além disso, o crescimento da área de Data Science fez com que o Python ganhasse mais destaque, e são consideradas atualmente como o Yin e Yang, ou seja, complementares. Na realidade, a linguagem já havia passado por um enorme crescimento em 2017, ultrapassando linguagens mainstream e já consolidadas como Java, JavaScript, C#, PHP e C++. Fonte: https://news.codecademy.com/why-learn-python/ Uma aplicação além da Codecademy para aprender esta linguagem é o Python para Zumbis, do professor brasileiro Fernando Masanori, que visita várias cidades do Brasil capacitando inúmeras pessoas leigas no assunto. A linguagem Python tem serventia a quem busca programar em blockchain, ou ainda criar aplicações que conversem com blockchains, seja através de APIs ou de Análise das Blockchains em si. Portanto olhar com carinho para uma linguagem que está na ponta da língua dos contratantes e da adoção pode ser um diferencial, principalmente em início de carreira em um dos mercados mais promissores dos últimos tempos. Para melhorar a perspectiva de que a linguagem Python está realmente em alta, um dos Nobel em Economia de 2018, Paul Romer, é um entusiasta da linguagem. Confira também as melhores linguagens de programação em blockchain levantadas pelo Livecoins anteriormente, e mais ainda, os melhores vídeos e cursos sobre o tema. O artigo Programação Blockchain com Python apareceu primeiro em Livecoins.

2 months ago

European Union‘s Growing Crypto Industry Attracts Exchanges As Coinsquare Launches into the European Union

European Union ‘s growing crypto industry and friendlier regulatory policies are slowly making it a catchment area for crypto business. A lot of business is shifting their headquarters to European countries in order to grow in a quick but sustainable way. After Zebpay, the latest addition to this list is Canadian crypto exchange Coinsquare. Lucrative growth opportunities pull Coinsquare to Europe Remaining steadfastly focused on transparency, risk mitigation and after having tested waters in a tough North American market, Coinsquare has now launched an operation in 25 countries of Europe simultaneously. According to the news reports, this move has expanded Coinsquare’s market opportunity by 1200%. Coinsquare move dint comes as a surprise though, as the exchange had already announced earlier this year that it had its eyes on the European markets. Coinsquare is one of the world’s premier cryptocurrency trading platform for trading Bitcoin, Ethereum, and other cryptocurrencies. The exchange operates out of Canada and mostly caters to the North American Market. Founded in 2014, the exchange boosts of its superior technology and security claiming to have never lost a single coin due to hacks or other malicious activities that are pretty rampant in the crypto world. The news further states that European customers can now fund their Coinsquare accounts with a variety of funding methods. This move also provides European users access to all major services from Coinsquare including cryptocurrency purchase and trade, Coinsquare Wealth concierge services, Coinsquare APIs for B2B clients, and Coinsquare Capital Markets for institutional and family office investors. Cole Diamond, CEO of Coinsquare was quoted saying in the press release that “From our earliest days, Coinsquare has been focused on building the most compliant and secure trading business in the cryptocurrency space. After building a great deal of new infrastructure, achieving a successful third party financial audit, and securing top-tier Canadian banking, we felt the time was right to expand our offering to another market. We decided to begin with Europe given the size of the opportunity and our ability to offer something unique to that market,” His views on the European Crypto Market were “Europe is a rapidly-growing cryptocurrency market and the cryptocurrency community there is excited to have an option that puts security, compliance, and risk management at the forefront of its offering.” This move of Coinsquare clearly establishes two things. 1) Europe is becoming a big catchment area for crypto and blockchain businesses 2) Exchanges are seeing enough market opportunity to grow to indicate there is wide interest in cryptos despite volatility. Coinsquare entry into the budding European markets comes after India’s Zebpay launched itself into the European markets. Although Zebpay was forced to shift its base to Europe from India due to regulatory roadblocks, its selection of the European market was also because of the huge opportunity the continent presents to crypto businesses. With the presence of already established exchanges (who have entered crypto markets) like SIX and Börse Stuttgart and entry of new exchanges such as Coinsquare and Zebpay, Europe is becoming an interesting market. Let’s see who the market would shape out in days to come. Is Europe ready to take the lead in the future world of decentralization and cryptocurrencies? Do let us know your views on the same The post European Union‘s Growing Crypto Industry Attracts Exchanges As Coinsquare Launches into the European Union appeared first on Coingape.

2 months ago

Canadian Crypto Exchange Coinsquare Now in 25 European Countries

One of Canada’s largest cryptocurrency exchanges, Coinsquare, has officially launched in 25 European countries. A Coinsquare spokesperson has shared some details with news.Bitcoin.com. Users in Europe now have access to all major services the exchange offers, including all supported cryptocurrencies. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Coinsquare in 25 Countries in Europe Coinsquare announced on Wednesday that it has simultaneously launched in 25 countries in the European Union. The exchange first unveiled its plans to expand into European crypto markets in August. A spokesperson for Coinsquare told news.Bitcoin.com, “We went live in beta [in 25 European countries] a couple of weeks ago, but officially live as of today,” adding that the 25 countries are: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Greece, Hungary, Ireland, Italy, Latvia, Liechtenstein, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, [and the] United Kingdom. Founded in 2014, Coinsquare says that it has over 100,000 customers and claims to be “Canada’s most secure digital currency trading platform,” with a “95% cold storage policy on all digital currency.” Services Available Coinsquare’s expansion into Europe “marks the first international expansion for Coinsquare, which to date has only been available to Canadian customers,” the exchange detailed. The CEO of Coinsquare, Cole Diamond, explained that “given the size of the opportunity and our ability to offer something unique to that market,” the company decided on Europe for its first expansion. “Europe is a rapidly-growing cryptocurrency market and the cryptocurrency community there is excited to have an option that puts security, compliance, and risk management at the forefront of its offering.” Thomas Jankowski, Coinsquare’s Chief Digital and Growth Officer, described his exchange as “a regulated, fully-compliant trading platform,” adding that “we’re thrilled to offer the European market the same secure and intuitive interface that we offer to Canadians.” The exchange currently supports the trading of BTC against the U.S. dollar, the Canadian dollar and the euro. In addition, BTC can be traded against BCH (trading as BAB), BSV, ETH, ETC, LTC, XRP, DOGE, and DASH. Other services Coinsquare offers are investment management, APIs for B2B clients, and capital markets for institutional and family office investors. In its Wednesday’s announcement, the Canadian exchange wrote: European users will have access to all major services from Coinsquare including cryptocurrency purchase and trade ... European customers can now fund their Coinsquare accounts with a variety of funding methods. Funding with euros can be done via credit cards, Sepa, and bank transfers. While funding with credit cards carries a 5 percent fee, the other two funding methods carry no fee. What do you think of Coinsquare launching in 25 European countries? Let us know in the comments section below. Images courtesy of Shutterstock and Coinsquare. Need to calculate your bitcoin holdings? Check our tools section. The post Canadian Crypto Exchange Coinsquare Now in 25 European Countries appeared first on Bitcoin News.

2 months ago

Coinbase to relaunch Earn.com as Coinbase Earn, the latest iteration of a product with many former identities

Coinbase announced on Wednesday the next evolution of Earn.com, dubbed Coinbase Earn. The new product will start as an educational platform where users can earn small amounts of cryptocurrencies by learning about an asset’s utility and its underlying technology. Priced at slightly more than $100 million last April, Earn.com was Coinbase’s first significant acquisition. Recode reported that a large part of the deal’s appeal was to bring on a founder of Earn.com Balaji Srinivasan as Coinbase’s CTO. Despite significant buzz, what was once the best-funded company in crypto has now transformed, through several pivots, into a niche offering. A spokesperson for Coinbase told The Block that Coinbase will be scaling up Earn.com via Coinbase Earn, piece by piece. According to the spokesperson, “The first piece is today. Beyond that, we don’t have specific plans to share at this time.” The early days as a secret project Srinivasan and four other co-founders (Daniel Firu, Matt Pauker, Nigel Drego and Veerbhan Kheterpal) founded Earn.com as 21e6 in May 2013. According to a 2015 story by Nathaniel Popper, Srinivasan structured 21e6 as a limited liability company rather as a C corporation and sold it as a secret project, which allowed individuals to invest without needing to reveal themselves as public supporters of Bitcoin. The company offered to pay out dividends in bitcoins, which let investors get exposure without buying the asset directly. 21e6 played an important role in making high-profile Silicon Valley investors take Bitcoin seriously. In the series A round in May of 2013, the company raised $5 million from several prominent investors including Marc Andreessen, Ben Horowitz, Naval Ravikant, Peter Thiel, and Winklevoss Capital. According to the Form D filing, 55 investors put in money. As there wasn’t much competition in 2013, the team initially focused on producing ASIC chips to mine bitcoin and deploying them for private use in data centers. The data centers were mainly based in California and had very high capital expenditures. Regardless, business was good: the company brought in $3.8 million in revenue in 2013. Following a strong 2013, 21e6 raised $59 million in a series B led by Andreessen Horowitz at a $216 million pre-money valuation. Extremely rapid growth The company used the funds to develop the company’s second and third generation of ASIC chips. In 2014, 21e6 brought in an estimated $41 million in revenue. It was doing so well that 21e6 called itself one of the fastest growing startups of all time and compared its first two years to Facebook and Google in one of its decks, from which the slide below is sourced. At one point, 21e6 was allegedly earning up to 25% of Bitcoin’s total mining revenue. But as mining became gradually more competitive, less profitable, and bitcoin’s price continued to fall, 21e6 decided to rebrand as 21.co and diversify into consumer products. It spent most of the raised money on R&D, data center deployments, and capital expenditures. A miner in every device and in every hand As part of the rebrand, 21.co raised $52 million in a series C led by Andreessen Horowitz and RRE Ventures at a $310 pre-money valuation. Its new focus was “to put a miner in every device and in every hand” as well as to popularize the use of bitcoin in Internet of Things and Machine to Machine payments. Srinivasan also replaced Matthew Pauker as CEO in the spring of 2015 after working full time at Andreessen Horowitz as a General Partner. When Srinivasan took over, the company had more than $80 million in data center and venture debt commitments and less than a year of runway remaining. In September 2015, 21.co announced their first consumer product, dubbed “The 21 Bitcoin Computer,” and started selling it for $399.99 in November. It’s worth noting that the company was simply recycling their old ASICs that they couldn’t profit off of anymore via mining. 21.co’s embedded mining chip was so hotly anticipated that even Larry Summers chimed in: “The 21 chip adds a whole new dimension to bitcoin’s potential utility. At first we will be struck by the presence of a technology like embedded mining; eventually we may be struck by its absence.” Shortly after the release of the Bitcoin Computer, Vitalik Buterin did some calculations and found that the device would yield only $38.30 per year before taking into account network difficulty increases. Unsurprisingly, the sales were underwhelming and 21.co soon discontinued the product altogether. The “third web” Then came a pivot of creating the “third web” where machines would earn bitcoin on every HTTP request, which Srinivasan presented at Consensus in 2016. 21.co released a free tool to create the “machine web” by allowing machines to create a bitcoin economy and also let developers add bitcoin micropayments to their API calls. The tool was also expected to let anyone “get some bitcoin on any device.” Anyone who had the embedded mining chip could mine bitcoin

2 months ago

Coinbase Ventures, Polymath and Others Back $3M Funding Round for Crypto Data Startup Nomics

CoinSpeaker Coinbase Ventures, Polymath and Others Back $3M Funding Round for Crypto Data Startup Nomics Nomics, cryptocurrency data start-up, has finished its Series A funding round, in which it managed to raise $3 million. The funding was led by Coinbase Ventures and Arthur Ventures, among the participants also were CoVenture Crypto, CityBlock Capital, Digital Currency Group, King Capital, TokenSoft, Polymath and the BitGo founder Ben Davenport. ⚡️ “Nomics Series A Fundraising Announcement”https://t.co/EvrCB8RDQN — Nomics Crypto (@nomicsfinance) December 18, 2018 According to Clay Collins, CEO and co-founder of Nomics, the money raised will be used to develop new products. He said that the primary goal of the company is to expand its index of cryptocurrency data to total 95 percent of the lifetime of activity in the field. “While it’s a fairly trivial task to price (and have listings for) 95 [percent] of all cryptoassets, getting raw ticks/trades, all on-chain data, and orderbook data (including historical order book) for these assets can prove to be quite an engineering challenge.” Currently, Nomics employs five full-timers—two in Minneapolis, one in Boston, one in Michigan and one in the Czech Republic. With the latest funding round, the company is expected to recruit more people for its engineering team in 2019. About Nomics Nomics is an API-first crypto assets data company that delivers professional-grade market data APIs for institutional crypto investors and exchanges. Nomics offers products and services that allow funds, fintech apps, and exchanges to access clean, normalized and gapless primary source trade and order book data. The company’s mission is to grow the decentralized financial system by making it accessible and understandable to data-driven investors. CEO Clay Collins said: “There’s just so much in the graveyard of dead tokens stored in exchanges that don’t exist anymore. Just in terms of being an archivist in the space—‘How many tokens are gone?’ ‘What’s the average lifespan of a token?’ ‘How many coins have done over $1 million in daily volume and ended up dying?’—these are all the kinds of questions you might be able to answer” with a wider pool of data.” He has also affirmed that the market is finally “wising up” after the “irrationality” of 2017 when people invested too much money in bad companies. Now, they want clean, hard guidelines and good teams. And Nomics is intended to provide such an opportunity. Users can access the data using the Nomics API, which provides both historical and real-time financial data on different tokenized assets. The company is seeking to unite the data from different exchanges and go deeper than competitors. According to Collins, “part of the purpose of this fundraising was to go as wide as we can while maintaining this level of depth. A lot of our competitors started very wide but without much depth.” Nikhil Kalghatgi, a partner at CoVenture Crypto, stated: “Over time cryptocurrency data has become more expensive and complex to standardize. Unlike traditional markets where data feeds come from a central source, such as the NYSE, in the world of crypto, each exchange develops its own set of APIs. With different methods of organizing data, investors have problems with consistency and scalability. Nomics helps produce clean, consistent data, which is an integral part of the cryptocurrency infrastructure.” Founded this year, Nomics seems to have quite ambitious plans and a prosperous future. Arthur Ventures partner Patrick Meenan has the same opinion: “The Nomics API is well-equipped to keep pace with growing investor demand for accurate, gapless crypto market data. Some of the largest industry players are Nomics customers and investors. The API product has made an impression on the market and with our investment, the company is well-positioned to accelerate growth and continue to meet growing demand.” Currently, Nomics indexes over 3.5 billion data points and services over 35 million API requests from its customers every month. In the near future, Nomics is planning to have millions of new pages available on the API that will provide information about crypto trading. Coinbase Ventures, Polymath and Others Back $3M Funding Round for Crypto Data Startup Nomics

2 months ago

What Is Reddcoin? Introduction to RDD Token

What Is Reddcoin? Reddcoin is a decentralized, blockchain-based cryptocurrency used to tip or send payments for social content. Unlike competitor Steem (and legacy platforms like Snapcash), the Reddcoin API supports all social platforms, from Reddit to Twitter and Twitch. RDD, the native cryptocurrency coin of Reddcoin, is mined by the ReddID wallet through a Proof-of-Stake-Velocity, which increases your odds of mining a valid block through your RDD balance. Social media is a big business - according to Pew Research, over 68 percent of American adults use Facebook alone. In fact, the social giant has over 2.27 billion monthly active users as of September 30, 2018. The rise of social media led to a rise in influencer marketing, with major social influencers generating millions of dollars in revenue. Now everybody wants to be a social media influencer, and with brands pushing toward microinfluencers, socialcoins like RDD, SBD, and STEEM are well-positioned to bridge the gap. Everyone should get paid for making social platforms like Facebook popular, not just C-suite executives like Zuckerberg. The idea of tipping content creators already created a rift that let social funding platforms like Patreon to create a new lane and flourish. If there’s money to be made in this lane, it’s going to be found, and Reddcoin isn’t the only one looking. Even Dogecoin is popularly used for tipping online. Will social currency and Internet tipping become widespread enough to sustain an entire market? Let’s begin answering that question with a breakdown of the RDD cryptocurrency and its market performance so far. RDD Cryptocurrency Summary As of December 17th, 2018, the circulating supply of Reddcoin is 28,808,713,174 RDD, with no total supply cap (the original hard cap of 109,000,000,000 was removed during the transition to PoSV). The peak price so far of RDD was $0.028770 on January 7, 2018. The Reddcoin public ICO token sale ended January 20, 2014 and raised over $100,000 worth of BTC in anticipation of the platform’s February 2, 2014 release. Over 5.45 billion REDD was minted in this initial batch. RDD was initially mined through PoW like BTC, but it was transitioned to PoSV mining in August 2014. The total supply of RDD increases approximately five percent on an annual basis. PoSV still requires processing algorithms, but because RDD balances increase success probability, PCs, tablets, laptops, and smartphones can compete with ASIC mining rigs. Reddcoin critics argue it can’t sustain value because of its divisibility and uncapped supply. Supporters argue a price over $0.01 already makes it difficult to support microtransactions online. Spending a penny is more emotional than spending one tenth of a penny, and on ad platforms used by most websites, approximately $0.01 is paid out for every 1000 views. This puts a hefty limit on social media, as nearly 80 percent of Facebook users (and 100% of real people) have 500 or fewer friends. Over $200,000 worth of RDD is traded on a daily basis. Cryptocurrency exchanges that support RDD include Bittrex, Upbit, Litebit.eu, and Cryptopia. Reddcoin trading pairs include BTC, DOGE, and fiat currencies like EUR. The official Reddcoin cryptocurrency wallet is available for desktop platforms and mines RDD. Also, ReddID runs as a browser extension that lets you easily tip people on any website or forum you visit within the browser. Think of it as a phonebook for Reddcoin addresses and usernames so you can locate wallet addresses for the creators you’re viewing. Other third-party wallets have been created, including Reddcoin-Qt and reddcoind, however only ReddID has been confirmed for staking and earning RDD interest. Socializing With Online Networks When cryptocurrency started gaining mainstream attention in 2011, journalists, influencers, bloggers, podcasters, YouTubers, and other content creators started posting their public keys online. Over the past decade, we all just kinda got used to seeing them on social media profiles and author bios. Meanwhile in 2015, Facebook joined the ranks of messaging platforms to allow friend-to-friend payments. Microtransactions and social payments seem like the wave of the future, and several cryptocurrencies, like DOGE, have risen through the ranks as generally acceptable forms of payments to tip people online. This forced platforms to push for proprietary currencies to tokenize transactions on their platforms, whether blockchain-based or not. Amazon-owned video game streaming service Twitch, for example, created its proprietary Bits currency in late 2017 it quickly integrated the service with PayPal for convenience. Twitch has over 140 million monthly active users watching over 2.2 million monthly livestreams. Amazon spent $970 million to buy the company in 2014, and its top 10 streamers earn over $23 million a year in combined revenue. But earning a living on these platforms isn’t as easy as it looks - top earners have professional teams helping with

2 months ago

Part 2: Ethereum vs NEO - Which blockchain has better scalability and security?

Ethereum (ETH) and NEO are among the most dominant decentralized application (dApp) development platforms. In this second part of our comparison of these two blockchain networks, we shall examine in detail the different approaches taken by developers of both Ethereum and NEO to upgrade their respective networks. Readers who would first like a broad overview of the key features of both NEO and Ethereum should click here. Blockchain Upgrades: Addressing Scalability Issues, Improving Security, Achieving Decentralization Blockchain developers are currently working to implement a distributed database management system (with a lot more added functionality in the case of Ethereum and NEO) that is able to process a large number of transactions (scalable), while also providing the highest level of security and decentralization. To be able to achieve all three: scalability, decentralization, and security, there are various approaches that developers have taken. Conceptually and theoretically, what both Ethereum and NEO are trying to achieve, may be useful, however, the current combination of modern hardware technology, storage systems, and algorithms for implementing distributed consensus and applications are in their primitive stages. Ethereum’s Ongoing Development Efforts Let’s first review what Ethereum’s developers are doing right now to help improve the smart contract-enabled blockchain network. Because the developers of Ethereum and NEO are working on fundamentally different approaches to upgrading their respective networks, we will not do a side-by-side comparison of both platforms. Instead, we shall do a recap of the current ongoing development efforts of both NEO and Ethereum. Constantinople During the last bi-weekly meeting (on December 7th) between Ethereum’s developers, it was decided that the Constantinople upgrade, which is one of the main short-term upgrades to Ethereum, would be activated at block number 7,080,000. Although there is no reliable method available to estimate the exact date and time at which this particular block will be mined, Ethereum’s development team believes it should be mined between January 14th and January 18th (based on the network’s current average block processing times). Tentatively scheduled for October 2018 and then postponed to early 2019, the Constantinople upgrade consists of the following five (5) Ethereum Improvement Proposals: EIP 145 - adding bitwise shifting instructions as they are “cheaper to use by contract” and allowing for more efficient information processing EIP 1014: this will allow the network to better handle scalability type upgrades such as off-chain transaction protocols EIP 1052 - a better approach to processing smart contracts EIP1234 - suggestion to reduce mining rewards from 3 Ether to 2 Ether, further delay the difficulty bomb by 12 months EIP 1283 - better way to monetize smart contract data storage Should the Ethereum Community vote in favor of initiating the Constantinople upgrade at said block number, then it will go into effect. However, if things do not go as planned due to unforeseen technical issues, then the Go-Ethereum (one of the first implementations of the Ethereum protocol) software will abort the activation. In order to prepare for the Constantinople upgrade, Geth, the standalone command line interface (CLI) client version of Go Ethereum has now been updated (v1.18.20) to handle new additions to the Ethereum codebase. Other major Ethereum clients preparing for the Constantinople update include Aleth and “Parity Ethereum.” ProgPoW Also during the bi-weekly meeting, Ethereum’s developers revealed that steady progress was being made with programmatic proof-of-work (ProgPoW), which is a modified version of Ethereum’s current PoW consensus protocol. ProgPoW has been designed to prevent Ether miners from using high-end mining hardware such as ASICs. So, ProgPoW aims to give every network validator an equal opportunity to mine blocks on the Ethereum network. Although development work for ProgPoW is going smoothly, Ethereum’s development team has clarified that there is no set date yet for when the algorithm will be integrated to the Ethereum codebase. Moreover, there is no confirmation yet of whether ProgPoW will be implemented on Ethereum’s network. Ethereum Blockchain 1x In late November, Ethereum’s developers decided that they will be moving forward with plans to activate the “Ethereum 1x” upgrade. This network update consists of codebase modifications that are designed to improve the performance of Ethereum’s blockchain and smart contract functionality more quickly than other planned upgrades such as “Ethereum 2.0.” At DevCon4 (an annual “Ethereum family reunion hosted by the Ethereum Foundation to educate and empower the community to build” solutions on the blockchain-based platform), it was decided that Ethereum 1x would be activated by around June 2019. Similar to how all Ethereum network upgrades are performed, the platform’s c

2 months ago

What Is Dropil Network? Introduction to DROP Token

What Is Dropil? Dropil is an Ethereum-based cryptocurrency trading platform that includes a full suite of market analysis tools in a graphical user interface (GUI). Dropil leverages machine learning, big data, and artificial intelligence to power a variety of automated tools and bots on its network, including Dex, a decentralized exchange; Max, a smart wallet; and Arthur for arbitrage. Drops (DROP) are the native ERC-20 tokens used on the Dropil network. Dropil is also the name of the for-profit company that operates the Dropil network out of Belize. It’s headed by founders and developers Zachary Matar and Jeremy McAlpine. The project was founded on the realization that trading cryptocurrency is much harder than it sounds on the surface. Not only do crypto traders need technical aptitude, but financial planning is a beast in and of itself. People invest for retirement, income generation, and a variety of financial reasons. Financial advice is never easy to come by, and many professional advisors are barred from advising clients on crypto investments. Institutional investing giants like JPMorgan Chase, Merrill Lynch, and Vanguard hate Bitcoin and its blockchain brethren, and they’re very vocal about it. Yet early crypto investors are fleet-footing it in Lambos, and they’re not exactly being quiet either. Dropil’s goal of making cryptocurrency investment accessible to the masses is a good one. It also comes in a year when a bear market is stabilizing from 2017’s price manipulation. We’ll begin our analysis of Dropil’s platform with DROP, its proprietary ERC-20 cryptocurrency token. DROP Cryptocurrency Summary As of December 4, 2018, the circulating supply of Dropil’s cryptocurrency is 21,524,266,325 out of a total supply of 30,000,000,000 DROP. The peak price so far was $0.010079 on March 23, 2018. Dropil held a private ICO presale from January 24 through February 6, 2018 and a public ICO token sale from February 7 through March 7, 2018. Approximately $60,000,000 worth of ETH, BTC, LTC, BCH, NEO, XMR, ZEC, and DASH was collected during the Dropil ICO in exchange for 18,000,000,000 DROP. The remaining 40 percent of the DROP supply (12,000,000,000) was divided as follows: 20 percent (6,000,000,000) distributed to Dropil founders 15 percent (4,500,000,000) deposited into the Dropil vault 5 percent (1,500,000,000) distributed to the Dropil team DROP has a capped supply and cannot be mined. As an ERC-20 token, DROP is supported by any ERC20-compatible cryptocurrency wallet, including MyEtherWallet and the Nano Ledger S hardware wallet. Dropil also has its own smart wallet, named Max. The Max smartwallet tracks your cryptocurrency portfolio across multiple sources, monitoring token addresses, syncing information, and giving you a Mint-like look at your crypto assets. Max is one of many decentralized bots crawling Dropil’s network, which we’ll discuss more in-depth in the next section. Its support across multiple wallets (including hardware wallets like those made by Trezor and Ledger) makes Max a powerful crypto wallet solution. Approximately $50,000 worth of DROP is exchanged off the platform on a daily basis. Cryptocurrency exchanges that accept DROP are IDAX, RightBTC, IDEX, Tidex, and BitMart. Its trading pairs are BTC, ETH, and USDT. DROP is used as a utility token placeholder for other crypto balances and trades on the in-house Dex and Jade platforms. Meet the Dropil Bots The use of machine-learning and AI algorithms in financial technology isn’t anything new. Bank of America, for example, uses Erica (a female moniker derived from the end of its brand name) as a customer-facing chatbot to perform routine account services. JPMorgan Chase, on the other hand, leverages its Contract Intelligence platform (COiN) to save over 350,000 man hours spent analyzing legal documents. Dropil is hoping its suite of bots and powerful data analytics can integrate cryptocurrency investments into the average Joe’s life. Every investor has a different financial background, risk aversion, and investment style/reason. Keying in on these factors is important to fine-tuning each tool’s utility. By automating the most tedious, time consuming, and complicated parts of investment, it hopes to lower the barrier to entry for everyone. It does this through three (so far) main bots: Dex Trader Bot - Dex is not actually a single bot, but actually a series of bots carefully crafted to follow logic stacks connected to risk pools. For example, if you’re an aggressive trader, it will automate the trading habits of an aggressive trader. This also includes switching logic in response to market trends, along with the options for manual overrides. Jade Trader Bot - Jade is Dropil’s newest trading bot, similar to Dex in reach but focused on manual control across cryptocurrency exchange accounts. Jade is still in development as of December 4, 2018, but is expected to launch early in 2019. It will also include a GUI with powerful reporting on ba

2 months ago

Chainlink (LINK) Partners with ETHA to Create Decentralized Remittance Solution Platform

The Chainlink (LINK) project recently partnered with ETHA, which claims to be the world’s first blockchain-based remittance solution platform that will allow merchants and consumers to utilize their digital assets to send fiat money globally. The Chainlink system, which is comprised of a decentralized oracle network, allows and enables smart contracts to safely secure access to off-chain data feeds, web APIs, and traditional bank payments. The partnership will produce a blockchain oracle solution that will now permit smart contracts to access off-chain data feeds and APIs on ETHA platform. (JF)

2 months ago

SWIFT Testing New Cross Border Payment System to Keep up with Ripple

The SWIFT global payment network, the system that connects the current banking and financial system, is in the process of testing a new payment system designed in response to rising competitors in the cross-border payment space, such as Ripple (XRP). The new system is designed to lower the number of errors and delays on the network by allowing the bilateral sharing of data between financial institutions in the system. The system is not a blockchain-based system but instead uses APIs to access one another’s data in order to verify bank account numbers prior to payments. (JF)

2 months ago

Indian State Supports Local Blockchain Community by Providing Mentorship and Events

The state government of Andhra Pradesh plans to support the local blockchain community and associated startups by providing mentorships and sponsoring events. The Andhra Pradesh Innovation Society (APIS) recently announced that it had partnered with Eleven01 Foundation to build a local blockchain talent pool that will help India develop its growing blockchain sector. The collective will support local events, provide mentorship programs and host activities designed to “nurture talent and develop a community” of blockchain startups. Ramachandran Iyer, the president of the Eleven01 Foundation said, “We visualize India to be a blockchain-hub and the support from the state here brings us a step closer to achieving that.” (RS)

2 months ago

CryptoCompare adds commercial API market data service to existing free service

London, 4 December 2018: CryptoCompare, the global cryptocurrency market data provider, today announces the launch of its new API service in response to customer demand for more complex and highly scalable cryptocurrency data solutions. CryptoCompare provides real-time, high-quality and reliable market and pricing data on 5,600+ coins and 260,000+ currency pairs globally, bridging the gap between the crypto asset and traditional financial markets. In addition, CryptoCompare has a strong track record investing in data methodology and data accuracy, evidenced by the recent Taxonomy of Crypto Assets and the regular Monthly Exchange Reviews. These initiatives serve to bring rigour to the cryptocurrency market data and provide institutional and retail investors with a reliable, accurate and clean data in support of their investment decisions. The existing free API service enables individuals and organisations to retrieve cryptocurrency market and pricing data with a high degree of granularity, offering real time and historical data for all coins and exchanges with full market coverage. CryptoCompare’s robust infrastructure ensures highly available and scalable endpoints, delivering data to end users at the lowest latency possible. By way of example, CryptoCompare’s data is viewed between 20 and 180 million times per hour, peaking during times of higher market volatility. The new commercial API service will be available in 3 different tiers, tailored to the cryptocurrency data needs of the institutional and retail investors as well as third parties, partners and developers. The commercial service will offer more flexibility such as extended historical data; customisable API endpoint solutions and call limits; dedicated support and service level agreements; and the ability to save/cache data locally for internal business purposes. Finally, the tiered plans include commercial redistribution rights, enabling third parties greater flexibility in using CryptoCompare’s data for their crypto investment products or market data needs. The new commercial API service is now live on the CryptoCompare website and has been rolled out to CryptoCompare’s universe of customers. CryptoCompare’s global infrastructure allows for high availability and performance, ensuring the fastest data delivery and the lowest latency possible for both free and commercial API services. Charles Hayter, CEO and Founder of CryptoCompare, said: “We continually invest in our technology and APIs to ensure our infrastructure remains robust and both the retail and institutional investor can access data as needed to execute trades on their investment portfolios. We adhere to rigorous standards to safeguard data integrity, normalising global data sources to ensure consistency and confidence in the market.” “We’re very excited to launch this extended API service to the crypto community, providing commercial licenses for third parties, partners and investors alike. We developed this new offering in response to demands from both individuals and institutions for more complex, often bespoke yet highly scalable cryptocurrency data solutions.” Media Contacts: Caroline Villiers and Sybille Mueller, Streets Consulting Email: caroline.villiers@streetsconsulting.com; sybille.mueller@streetsconsulting.com Tel: 020 7959 2235 About CryptoCompare CryptoCompare is the global cryptocurrency market data provider, offering retail and institutional investors real-time, high-quality and reliable market and pricing data on 5,600+ coins and 260,000+ currency pairs globally, bridging the gap between the crypto asset and traditional financial markets. By aggregating and analysing tick data from globally recognised exchanges and seamlessly integrating different datasets in the cryptocurrency price, CryptoCompare provides a comprehensive overview of the market and a fundamental value matrix. At a granular level, CryptoCompare produces cryptocurrency trade data, order book data, block explorer data and social data, taxonomy reports and a suite of cryptocurrency indices. Acting as a gatekeeper for reliable, accurate and clean data, that can be trusted as the basis for investment decisions, CryptoCompare adheres to rigorous standards to safeguard data integrity, normalising global data sources to ensure consistency and confidence in the market. For more information, please visit our website or follow us on Twitter @CryptoCompare. The post CryptoCompare adds commercial API market data service to existing free service appeared first on Ethereum World News.

2 months ago

#APIS is now live on @bituniverse_org #LINK 💫✨ Meet another ...

#APIS is now live on @bituniverse_org #LINK 💫✨ Meet another source where you can get the latest news about APIS 😉 F… https://t.co/b4ZCbHtveU

2 months ago

Learn more about #Nexus APIs in anticipation of the Tritium ...

Learn more about #Nexus APIs in anticipation of the Tritium Mainnet Release scheduled for January 2019.… https://t.co/2qDrj7vi3z

2 months ago

LCX Now Licensed to Provide Crypto Trading Services in Liechtenstein

Liechtenstein cryptocurrency exchange LCX has been granted a license to provide crypto trading services for utility and payment tokens. The exchange will be offering four main crypto services including a custody service and a fiat-to-crypto exchange in partnership with Binance. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations A Regulated Exchange LCX announced on Tuesday that it has been granted “a business license of the Liechtenstein Ministry of Economic Affairs to conduct its business in Liechtenstein (Gewerbebewilligung).” An LCX representative told news.Bitcoin.com: With this license, we got the permission from the regulator to provide crypto exchange trading services for utility and payment tokens. So, we can offer an exchange to investors, to safely trade utility and payment coins (stable coins for example), that is approved by the regulator. The representative added that LCX can now offer “services that other crypto exchanges offer ... in a regulatory compliant manner.” As a regulated exchange, LCX says that it will apply the “highest technology standards for KYC [know-your-customer] and AML [anti-money laundering] to safeguard fulfillment of all regulatory requirements for AML and KYC.” He further noted that LCX has increased its nominal capital from 100,000 CHF (~$100,400) to 1,000,000 CHF in order to apply for additional licenses, such as the Financial Market Authority (Fma) license, to be able to trade security tokens and offer other regulated services. “We also want to offer security token trading to our clients,” he emphasized. Upcoming Services The company plans to offer four key products. One is a trading platform for security tokens and other cryptoassets. The second is a crypto custody service called LCX Vault. The third is called LCX Terminal which integrates the APIs of major exchanges — such as Binance, Bittrex, Coinbase, Poloniex, and LCX’s own exchange — into a single trading desk. This product recently entered the closed-beta phase. The company described it as “a trading desk for crypto assets equipped with portfolio management, analytics platform, auto trading functionality and audit reporting — integration of major exchanges.” The fourth is a fiat-to-crypto exchange unveiled in August in partnership with Binance. This exchange will offer the trading of Swiss francs and euros against major cryptocurrencies. The LCX representative explained to news.Bitcoin.com: The moment we decide we’re ready to integrate our exchange into the terminal we can go public with this product ... All other products are in development and will be announced and made public in the near future. Furthermore, he noted that LCX’s exchange services “can be offered in a global manner,” adding that “we will be setting new standards in terms of KYC and AML, which every client of LCX should pass.” What do you think of LCX’s plans to provide crypto-related services? Let us know in the comments section below. Images courtesy of Shutterstock and LCX. Need to calculate your bitcoin holdings? Check our tools section. The post LCX Now Licensed to Provide Crypto Trading Services in Liechtenstein appeared first on Bitcoin News.

3 months ago

Amazon Launches New Blockchain Services

CoinSpeaker Amazon Launches New Blockchain Services Amazon, e-commerce giant based in Seattle, Washington, sees numerous opportunities with blockchain technology. That’s why the company has launched two blockchain-related products: Amazon Quantum Ledger Database (QLDB) and Amazon Managed Blockchain. Announcing Amazon Quantum Ledger Database (QLDB), a purpose-built ledger database that provides a complete & verifiable history of application data changes. #reInvent https://t.co/x2qjfCKJTU pic.twitter.com/hKFG05yUTs — Amazon Web Services (@awscloud) November 28, 2018 Introducing Amazon Managed Blockchain, which is a fully managed service that makes it easy to create & manage scalable blockchain networks using popular open source frameworks Hyperledger Fabric & Ethereum. #reInvent https://t.co/I3HautETXJ pic.twitter.com/ILFPPgsIwU — Amazon Web Services (@awscloud) November 28, 2018 Amazon Quantum Ledger Database QLDB is a fully managed ledger database that provides a transparent, immutable, and cryptographically verifiable transaction log ‎owned by a central trusted authority. Using QLDB, customers can replicate a copy of their blockchain network activity. Amazon QLDB tracks each and every application data change and maintains a complete and verifiable history of changes over time. The website states: “Amazon QLDB is a new class of database that eliminates the need to engage in the complex development effort of building your own ledger-like applications. With QLDB, your data’s change history is immutable - it cannot be altered or deleted - and using cryptography, you can easily verify that there have been no unintended modifications to your application’s data. QLDB uses an immutable transactional log, known as a journal, that tracks each application data change and maintains a complete and verifiable history of changes over time.” The product is easy to use, as it provides developers with a familiar SQL-like API, a flexible document data model, and full support for transactions. Moreover, you do not have to pay extra fees, you only pay for what you use. Andy Jassy, Amazon Web Service CEO, said: “It will be really scalable, you’ll have a much more flexible and robust set of APIs for you to make any kind of changes or adjustments to the ledger database.” Amazon Managed Blockchain Another product launched by the e-commerce giant is Amazon Managed Blockchain, “a fully managed service that makes it easy to create and manage scalable blockchain networks using the popular open source frameworks Hyperledger Fabric and Ethereum”. The product can operate with QLDB and allows users to adjust and manage a scalable blockchain network. The company stated: “Amazon Managed Blockchain eliminates the overhead required to create the network, and automatically scales to meet the demands of thousands of applications running millions of transactions. Once your network is up and running, Managed Blockchain makes it easy to manage and maintain your blockchain network.” Putting an immutable copy of your blockchain network activity into Amazon Quantum Ledger Database, the managed blockchain allows you to easily analyze the network activity both outside and inside the network. Amazon To Embrace Blockchain The new products of Amazon were developed with a view to let customers set up “a scalable blockchain network with just a few clicks” that “automatically scales to meet the demands of thousands of applications running millions of transactions.” According to Andy Jassy, the initiative is a response to demand from existing customers. He said: “We don’t build things for optics. This is something that a lot of companies need.” Just a reminder, recently, Amazon started persuading brick-and-mortar merchants to accept its mobile payments system Amazon Pay. It is not clear how customers would use Amazon Pay in stores, but the possible way is utilizing QR codes, which could attract global customers and make Amazon even more competitive. Amazon Launches New Blockchain Services

3 months ago

Amazon Web Services Launches a Managed Blockchain Service and Quantum Ledger Database

Back in mid-October, the crypto-verse was delighted when Amazon Web Services (AWS) announced a new partnership with Qtum (QTUM). The partnership was between the China Division of AWS and latter blockchain project. Around the same time, the Tron (TRX) Foundation announced a new partnership with Baidu: a dominant cloud service provider. Amazon Web Services Launches a Managed Blockchain Service and a Quantum Ledger Database The online retailing giant of Amazon through its Amazon Web Services (AWS), has today launched two new blockchain services: Quantum Ledger Database and Amazon Managed Service. In the case of the Amazon Managed Service, it is a fully managed service that allows its users to create and manage blockchain networks using the popular open source frameworks on the Hyperledger Fabric and Ethereum. With just a few clicks, the service eliminates the overhead required to create the network. It automatically scales to meet the demand of applications running millions of transactions. AWS CEO Andy Jassy explained this further as follows: This service is going to make it much easier for you to use the two most popular blockchain frameworks [of Hyperledger Fabric and Ethereum]... When we heard people saying ‘blockchain,’ we felt like there was their weird conveluting and conflating what they really wanted. And as we spent time working with customers and figuring out the jobs they were really trying to solve, this is what we think people are trying to do with blockchain. On the other hand, Amazon’s Quantum Ledger Database (QLDB) is a fully managed ledger database that provides a transparent, immutable, and cryptographically verifiable transaction log ‎owned by a central trusted authority. QLDB tracks each and every application data change and maintains a complete and verifiable history of changes over time. Andy Jassy added the following with regards to the QLDB: It will be really scalable, you’ll have a much more flexible and robust set of APIs for you to make any kind of changes or adjustments to the ledger database. The chief goal of the Amazon QLDB is to eliminate the need to engage in the arduous development efforts of building your own ledger-like applications. What are your thoughts on Amazon Web Service launching a Managed Blockchain Service and a Quantum Ledger Database? Please let us know in the comment section below. The post Amazon Web Services Launches a Managed Blockchain Service and Quantum Ledger Database appeared first on Ethereum World News.

3 months ago

Yet Another Big Player Won Over by Blockchain: Amazon Launches New Blockchain Services

CoinSpeaker Yet Another Big Player Won Over by Blockchain: Amazon Launches New Blockchain Services Amazon, e-commerce giant based in Seattle, Washington, sees numerous opportunities with blockchain technology. That’s why the company has launched two blockchain-related products: Amazon Quantum Ledger Database (QLDB) and Amazon Managed Blockchain. Announcing Amazon Quantum Ledger Database (QLDB), a purpose-built ledger database that provides a complete & verifiable history of application data changes. #reInvent https://t.co/x2qjfCKJTU pic.twitter.com/hKFG05yUTs — Amazon Web Services (@awscloud) November 28, 2018 Introducing Amazon Managed Blockchain, which is a fully managed service that makes it easy to create & manage scalable blockchain networks using popular open source frameworks Hyperledger Fabric & Ethereum. #reInvent https://t.co/I3HautETXJ pic.twitter.com/ILFPPgsIwU — Amazon Web Services (@awscloud) November 28, 2018 Amazon Quantum Ledger Database QLDB is a fully managed ledger database that provides a transparent, immutable, and cryptographically verifiable transaction log ‎owned by a central trusted authority. Using QLDB, customers can replicate a copy of their blockchain network activity. Amazon QLDB tracks each and every application data change and maintains a complete and verifiable history of changes over time. The website states: “Amazon QLDB is a new class of database that eliminates the need to engage in the complex development effort of building your own ledger-like applications. With QLDB, your data’s change history is immutable - it cannot be altered or deleted - and using cryptography, you can easily verify that there have been no unintended modifications to your application’s data. QLDB uses an immutable transactional log, known as a journal, that tracks each application data change and maintains a complete and verifiable history of changes over time.” The product is easy to use, as it provides developers with a familiar SQL-like API, a flexible document data model, and full support for transactions. Moreover, you do not have to pay extra fees, you only pay for what you use. Andy Jassy, Amazon Web Service CEO, said: “It will be really scalable, you’ll have a much more flexible and robust set of APIs for you to make any kind of changes or adjustments to the ledger database.” Amazon Managed Blockchain Another product launched by the e-commerce giant is Amazon Managed Blockchain, “a fully managed service that makes it easy to create and manage scalable blockchain networks using the popular open source frameworks Hyperledger Fabric and Ethereum”. The product can operate with QLDB and allows users to adjust and manage a scalable blockchain network. The company stated: “Amazon Managed Blockchain eliminates the overhead required to create the network, and automatically scales to meet the demands of thousands of applications running millions of transactions. Once your network is up and running, Managed Blockchain makes it easy to manage and maintain your blockchain network.” Putting an immutable copy of your blockchain network activity into Amazon Quantum Ledger Database, the managed blockchain allows you to easily analyze the network activity both outside and inside the network. Amazon To Embrace Blockchain The new products of Amazon were developed with a view to let customers set up “a scalable blockchain network with just a few clicks” that “automatically scales to meet the demands of thousands of applications running millions of transactions.” According to Andy Jassy, the initiative is a response to demand from existing customers. He said: “We don’t build things for optics. This is something that a lot of companies need.” Just a reminder, recently, Amazon started persuading brick-and-mortar merchants to accept its mobile payments system Amazon Pay. It is not clear how customers would use Amazon Pay in stores, but the possible way is utilizing QR codes, which could attract global customers and make Amazon even more competitive. Yet Another Big Player Won Over by Blockchain: Amazon Launches New Blockchain Services

3 months ago

Urgente: Mais de um Bilhão de Dólares em Token Ethereum saindo da Binance

Por: Livecoins Uma das possibilidades da blockchain é a capacidade de ser auditada em todas as suas transações, e nessa madrugada a Binance moveu bilhões de tokens Ethereum de sua wallet. Essa auditoria é possível em todas as blockchains públicas de criptomoedas como Bitcoin e Ethereum, principalmente utilizando block explorers para fazer este trabalho. O movimento também foi auditado pelo Twitter da whale_alert, e também pelo Telegram desta mesma iniciativa, que apontou uma série de movimentações na wallet da TOP 1 no mercado das criptomoedas. Dentre os tokens movimentados estavam mais de U$ 20 milhões em BAT Token, que foi listado recentemente na Bithumb e Coinbase. Telegram @whale_alert Para buscar saber mais sobre a movimentação na wallet da exchange, entramos em contato pelo Twitter pedindo esclarecimentos sobre o caso, e até o momento em que publicamos essa não havia sido explicado o motivo das transações de forma oficial. No Twitter da Binance, nenhuma informação neste sentido foi compartilhada, nem de manutenção e nem de movimentação programada de fundos, o que ficou estranho para muitos que acompanharam ao vivo esta grande movimentação financeira. Após cerca de horas de várias transações milionárias em sua wallet de tokens ERC20, a Binance já havia terminado ao que parece ter sido uma manutenção na sua wallet, mas como não houve ainda um anúncio oficial a comunidade segue a espera de mais informações a respeito. Em algumas transações realizadas, chamou a atenção que o responsável por realizar o trabalho não colocou a quantidade de GAS necessárias para que as mesmas fossem realizadas. Fonte: BlockExplorer Ethereum A Binance já foi hackeada através de APIs de trade Bots, mas os atacantes na ocasião não conseguiram sacar os fundos da plataforma, e isso provou que a mesma possui atenção com a segurança. Os prejuízos dos clientes que foram causados ficaram por ser restituídos pela Binance, assim que fossem terminados a apuração dos casos. Enquanto aguardamos mais informações sobre o desfecho, devemos sempre reforçar que exchange não é wallet, e que os investidores de criptomoedas devem manter nestes ambientes apenas o necessário para trades. Fiquem ligados que estaremos de olho e daremos update aqui, por hora vamos considerando que fundos estão a salvo. O artigo Urgente: Mais de um Bilhão de Dólares em Token Ethereum saindo da Binance apareceu primeiro em Livecoins.

3 months ago


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