Wings WINGS

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Wings News

North America: Crypto and Blockchain News Roundup 7-13 December 2018

North America Welcome to another weekly blockchain news roundup from around the world. Here we present to you all the latest Bitcoin news continent by continent and country by country. USA American Express Executive Praises Ripple’s XRP for Cross-Border Payments: Carlos Carriedo, one of the top executives of American Express is all in praise of Ripple’s XRP-based cross-border solution and believes that cryptocurrencies have the potential to revolutionize the international payment industry. Speaking at the recent Wings of Change conference in Madrid earlier this week, Carriedo said: “Blockchain is absolutely an option we’re looking at. Just to give you a sense, we have invested in a fintech lab based on blockchain technology, just to understand how to leverage this better...We did a test, partnering with Santander locally, and with Ripple to just do cross-border transactions...And in a matter of seconds, through this test, our clients were able to transfer funds in a very transparent and seamless way, from one part of the world to the other one.” While Ripple’s coin is frowned upon by many due to its centralized nature, more and more mainstream institutions are interested in using it which can only benefit the cryptocurrency space in the long term. Law Professor Targets Crypto Tax Confusion in Latest Research Paper: A new paper from the University of Kansas Law school has addressed the confusion regarding the definition of cryptocurrencies and confusion stemming from it in the regulatory circles. The paper titled ‘U.S. Law: Crypto is Money, Property, a Commodity, and a Security, all at the Same Time’, written by professor Carol Goforth for the Journal of Financial Transformation, just got published on the Oxford University law blog and is an effort to address one of the most debated and focal issues presented by cryptocurrencies: What are they exactly? More and more academics now believe that SEC is in total confusion on how to deal with cryptocurrencies’ disruptive nature and are just trying different half-baked schemes to keep it in check. SEC Chairman Praises Crypto but Says it Must Follow the Law: SEC chairman Jay Clayton has come out and praised the ability of Initial Coin Offerings to raise capital but at the same time he is adamant that they should follow securities law. While Bitcoin and other major cryptocurrencies are not declared as securities by the SEC, a vast majority of the ICOs are, which is hampering the growth the country. Clayton made these comments during his recent speech regarding SEC’s stance on the matter. Clayton chose to focus on how it was the responsibility of the SEC to protect investors from scams and other projects that do not follow securities laws. SEC is also giving mixed signals all over the place while hinting that it is being flexible towards cryptocurrencies. Senior Advisor for Digital Assets and Innovation Valerie A Szczepanik has come out and said that in special circumstances, ICOs may even be allowed to avoid registration obligations in the country. Canada Local City Launches its Own Cryptocurrency: The City of Calgary in Canada is expected to launch its own cryptocurrency as a first in the country. Joe Ceci, the Finance Minister of Alberta province made the announcement by purchasing a cup of coffee with the cryptocurrency. Called the Calgary Dollar, the new cryptocurrency is borderless and may even be expanded to other parts of the state. It is also a novel way to keep the value, allowing local and businesses to opt for it on their own. Follow BitcoinNews.com on Twitter: @BitcoinNewsCom Telegram Alerts from BitcoinNews.com: https://t.me/bconews Want to advertise or get published on BitcoinNews.com? - View our Media Kit PDF here. Image Courtesy:BitcoinNews.com The post North America: Crypto and Blockchain News Roundup 7-13 December 2018 appeared first on BitcoinNews.com.

2 days ago

Why supply chains need blockchain and how Bitcoin DApps can help

In the supermarket on any given day, you’d usually expect to find an array of fresh fruit and vegetables, some of which are available all year round regardless of the growing season. We’ve become used to seeing strawberries, melons, and tomatoes on shelves irrespective of the local temperatures. In today’s connected world, these goods are simply imported from wherever they happen to be growing, by means of global supply chains. Supply chain management can make or break a company, particularly if the goods are perishable. One survey estimated that 79% of companies with high-performing supply chains achieve above-average revenue growth in their industry. On the other hand, if supply chain management is done badly, it can be costly. Currently, some reports suggest that only 6% of companies have full visibility over their stock inventory and its location, at any given moment in time. For example, during the e-Coli outbreak in the US earlier this year, Walmart was forced to clear its shelves of all Romaine lettuces, just to be sure. How Blockchain Benefits Supply Chains Walmart has now implemented a blockchain-based solution that means it can quickly pinpoint the exact farm or truck used to source the goods. Blockchain allows each product to be tagged and tracked along each step of its journey throughout the supply chain, to the end consumer. Because blockchains are untamperable, this provides a more secure record of data than existing centralized supply chain platforms. Although Walmart is currently in the early stages of implementation, the company believes it will achieve considerable cost savings as a result. The Walmart blockchain system has attracted some criticism from within the blockchain community. As it was developed with IBM using a permissioned ledger, some have argued that it misses the critical benefits of trustlessness and security offered by a genuinely decentralized blockchain solution. These criticisms are somewhat valid. If Walmart controls the ledger, it doesn’t need any decentralized group of nodes to validate the transactions, and neither does it become any more resilient to attack than a centralized database. One of the concerns of big businesses in using decentralized public blockchains is often a lack of security. Ironically, Bitcoin is the most secure and stable blockchain in existence. While it’s true that Bitcoins have been stolen, this is because of exchange security weaknesses, not an inherent weakness of Bitcoin itself. Until recently, a further limitation is that the Bitcoin blockchain is coded to be Turing-incomplete. This means it wasn’t previously possible to build decentralized applications on it like with Ethereum using its Turing-complete Solidity programming language. However, this has now changed. The RSK main net is now live, opening up new possibilities for developing dApps on the RSK Bitcoin side chain. DApps developed using RSK benefit from participating in the world’s oldest, biggest, and most resilient network. First Movers Temco is one of the first movers to take advantage of the RSK main net. The company is developing a supply chain solution powered by the RSK blockchain. The Temco solution allows SMEs access to the same kind of sophisticated blockchain-based tracking software as Walmart. However, because Temco runs on the Bitcoin network, it also offers all the benefits of security and resilience provided by a truly decentralized network. Where data is private, it will be cryptographically hashed and accessible only to authorized users. In addition to supply chain tracking software for standard items, Temco provides IoT integration for temperature tracking perishable goods that need to be kept in cold storage. Alongside, a data and analytics engine will give the users insights regarding their supply chain processes, enabling continuous improvement for ongoing efficiencies. Customers will access their supply chain data using a simple, clean interface as part of the Temco smartphone app. Temco opted to run its technology on RSK because the blockchain offers high transaction speed, low transaction costs, and high scalability - all of which mean it lends itself well to the complexity and volume of supply chain processes. Although the Bitcoin network has come under fire for being too slow leading to higher transaction fees, RSK is able to process 100 transactions per second, which is comparable to the PayPal network. Gaining Traction Although RSK is still in the early stages of its main net launch, the project has been gaining some impressive credentials. The RSK Federation comprises partners well-known in the crypto space, including Bitmain and Jaxx to name a few. The InterAmerican Development Bank recently announced that RSK is a confirmed member of the LAC-Chain Alliance which has formed to promote the use of blockchain across countries in Latin America and the Caribbean. RSK has also previously partnered with Wings Foundation, which is a decentralized platform fo

4 days ago

10 x 100 WINGS WEEKLY GIVEAWAY Each week 10 lucky forecaster...

10 x 100 WINGS WEEKLY GIVEAWAY Each week 10 lucky forecasters who’ve submitted a forecast will receive 100 WINGS! T… https://t.co/9YANACx2ZT

8 days ago

American Express Praises the Ability of Ripple to Process Cross-border Transactions Almost Instantaneously

During the Wings of Change Europe conference in Madrid a few days ago, Carlos Carriedo, the general manager of corporate payments at American Express spoke of Ripple’s achievements. According to Carlos, Ripple has the potential to enhance traditional payment processing globally. He explained how American Express’ clients managed to transfer funds transparently and seamlessly in a matter of seconds. While Carlos is bullish on Ripple's technology, he said that the firm needs to address some issues for their technology to attain mass adoption. (KE)

9 days ago

The WINGS community has done its due diligence and rejected ...

The WINGS community has done its due diligence and rejected the KikiCoin project. Check out the other projects cur… https://t.co/1Zd4jw7esi

14 days ago

No lay offs here. WINGS Foundation keeps hiring more people ...

No lay offs here. WINGS Foundation keeps hiring more people to help achieve our mission. Let’s all make WINGS the b… https://t.co/6k3OHNoP2d

18 days ago

Tron Price Analysis: TRX/USD Break Out Trade, Path Towards Jan 24 Lows

Latest Tron News That the Japanese are open to cryptocurrencies and similar blockchain technologies but concurrently stringent protecting investors is true. So tight are applicable laws that investors who lose their digital assets are guaranteed of a recourse. We have seen that happen with the ongoing Mt Gox Civil Rehabilitation Case. Because it is mandatory for exchanges to register with the country’s Financial Services Agency (FSA), investors are safe. Now, under the fund settlement law of which crypto exchanges must follow since they are platforms for buying and selling digital assets, wallet service providers are exempt. It is understandable, simply because most are platforms where users register for free. From there, they can safely manage their digital assets. Read: Tokyo Police Crackdown on Alleged Crypto Pyramid Scheme, Arrest Eight Individuals But the FSA want to spread their wings and ensure that in case of a failure or the platform swindle their customers by draining all their assets then law and order must prevail. Then again, even if they these wallet providers are not actively buying and selling coins, they do manage payments. Interesting Read: BitPesa Partners with Japanese Insurance Company to Digitize Remittance Service To this end the FSA plans to formulate fitting regulations in line with the international standards for preventing money laundering and terrorism financing set by the Financial Action Task Force (FATF). Possible measures might include internal controls, separate account management of wallet provider funds and customers’, financial statement audit and publication of policies indicating path of recourse should hacks happen. TRX/USD Price Analysis Weekly Chart Perched at 11th, TRX/USD is down 17 percent in the last week. However, in this time frame TRX bears are yet to breach and close below key support levels. As such, our previous conservative TRX/USD trade conditions are not live though there are clear rejection of higher highs from the all-important 3 cents buy trigger and resistance line. From a top-down approach it is clear that the path of least resistance is southwards and with every low, chances of early August bear breakout pattern is likely to be confirmed. As reiterated before, conservative traders should initiate shorts once there are clean breaks below Sep lows at the 1.5 cents double bottoms. Ideally, this break below should be accompanied by high trade volumes with first targets at Jan 24 lows and stops at the bear bar preferably at 1.5 cents. Daily Chart From our previous TRX/USD trade plan, we had mentioned how important it was for bulls to close above 3 cents resistance level nullifying the bear attempts of early August now that prices were trading 90 percent from 2017 highs. But, with relentless sellers trading within a bear flag, the close below the minor support trend line on Nov 14 all printing out with strong volumes—49m from average of 9 million. Because we now have a whole bar below the support trend line, we suggest aggressive traders to sell at spot prices with stops at 2.3 cents with first targets at Aug lows at 1.5 cents. Further losses then ideal bear targets would be as aforementioned at Jan 24 lows. All Charts Courtesy of Trading View Disclaimer: Views and opinions expressed are those of the author and aren’t investment advice. Trading of any form involves risk and so do your due diligence before making a trading decision. The post Tron Price Analysis: TRX/USD Break Out Trade, Path Towards Jan 24 Lows appeared first on NewsBTC.

a month ago

OmiseGO (OMG) To Go Mainstream, Signs MOU with Taxi App TADA

Partnerships are a great way to grow and increase adoption in the crypto and blockchain universe and OmiseGO is really using it well to its benefit to spread its wings across industries. The latest industry where OmiseGO has stepped in is the mobility industry as it is believed to have signed the MOU with TADA a popular Taxi app in Singapore. OmiseGO to develop a Proof-of-Concept (POC) for TADA app According to the recent news updates that hit the street, OmiseGo, the only blockchain project that has received the backing of Vitalik Buterin, has signed an signed a memorandum of understanding (MOU) today with Mass Vehicle Ledger (MVL), the company behind the popular ride-hailing app TADA. According to the agreement both companies will collaborate on research and technology development. It is believed both companies would come together develop a strong proof-of-concept (POC) for how blockchain, and the OmiseGo platform specifically, can improve the TADA app. OmiseGo’s managing director, Vansa Chatikavanij announced this partnership and was quoted saying We are pleased to sign an MOU with MVL to deliver a POC for their ride-hailing service TADA,” “This serves as a step forward in our efforts to showcase the potential and benefits of the technologies. Based in Singapore, TADA already uses blockchain to offer users a cheaper cab fare. Unlike centralized services, such as Uber and Grab, the project does not charge a commission. Although the app only launched in the summer, it has picked up significant traction. So far more than 100,000 people in Singapore had used the service, with roughly 17,000 car owners registering as drivers. They have also expanded their services to other countries within the region, including South Korea and plans to launch in Vietnam, Cambodia, and Malaysia in the coming months. Details and particulars of the MOU remain sparsely available in media, but this could definitely test OmiseGO’s capabilities. TADA’s current blockchain records data on transactions, car movements, accidents, and traffic flow onto the MVL blockchain. The idea is the data can be recorded by MVL straight onto the OMG network. MVL’s CEO, Kay Woo, also hinted the OMG blockchain to improve payment options for TADA users. This might include offering options for consumers to pay for rides in cryptocurrency, as well as in the local fiat currency. Certain sections of media also quoted Kay Woo, MVL’s CEO who was quoted saying Utilizing MVL and OmiseGO current blockchain technology operation in Thailand, we expect to bring real-life use cases with TADA using OmiseGO’s Crypto payment, This definitely is a great news for OMG token and OmiseGo project and we may soon see some spikes in the prices if this project goes through well. What is your view on OmiseGo’s partnership strategy? Do let us know your views on the same The post OmiseGO (OMG) To Go Mainstream, Signs MOU with Taxi App TADA appeared first on Coingape.

a month ago

New Project Update: @populstay, a blockchain-based property ...

New Project Update: @populstay, a blockchain-based property management platform, has been listed on WINGS Median F… https://t.co/OjveUTuz9o

a month ago

Happy to announce that WINGS is live on Delta Direct! All th...

Happy to announce that WINGS is live on Delta Direct! All the latest WINGS updates will now be directly available o… https://t.co/QzxZUvKxzl

2 months ago

Ripple Spreading it’s Wings in Dubai

Ripple which has gained attention thanks to Ripplenet’s quick transactions speed and low costs for cross-border transactions has grown quite successfully in the Middle East. According to a speech in Dubai, Ripple’s Global Head of Infrastructure Innovation, Dilip Rao revealed that rapid development is taking place for Ripple in the Middle East Region. Ripple has confirmed an office in Dubai before the year 2018 ends. The new office will help Ripple maintain it’s operations efficiently with close to 200 financial institutions already signed with Ripple in the region. Partnerships such as Saudi Arabia’s largest Islamic bank Al-Rjhi and Kuwait Finance House mean Ripple has already established itself as a game-changing company for financial institutions. One of the primary reasons for expanding into the Middle East is to help ease the cross-border payments of migrant workers who pay hefty fees along with delayed transaction times. Zerocrypted Opinion Ripple made the right decision in choosing Dubai as the ideal place for its office in the Middle East. One primary reason is the Emirates Blockchain Strategy 2021, which is to capitalize on the Blockchain technology to transform 50% of government transactions into the Blockchain platform by 2021. Another reason is the presence of most banking institutions in Dubai which will further be drawn into Ripple’s technology. The Middle East boasts of a majority of Muslims, and thus Ripple being claimed as Sharia-compliant means the scope is broad in this region. The Sharia law is defined as the Islamic law which is a religious law forming part of the tradition of Islams. Ripple is noted to be Sharia compliant because of the parties involved and the contractual obligations to avert an unnecessary breach of trust. As Rao explained- “If you can, with integrity, tokenize an asset worth a million dollars, you can now have a million people share in that asset rather than necessarily one millionaire. It starts to solve for reach into the unbanked. We think therefore aligns well with all of the Islamic finance principles.” Image Source - Pixabay The post Ripple Spreading it’s Wings in Dubai appeared first on Zerocrypted - Your Daily Cryptocurrency News, Guides And More.

2 months ago

To the WINGS community, which projects would you like to see...

To the WINGS community, which projects would you like to see listed on WINGS platform and #FlyWithWINGS? #ICO… https://t.co/BCGYjqEtGt

2 months ago

Will there be another #crypto bubble? What's the outlook on ...

Will there be another #crypto bubble? What's the outlook on #ICOs? Here's what WINGS co-founder, Dominik Zynis thin… https://t.co/L1xhkgmEYr

2 months ago

#MondayMotivation: Did you know that all #ICOs that particip...

#MondayMotivation: Did you know that all #ICOs that participate in the WINGS crowd evaluation process get listed on… https://t.co/MyAsuwXC7F

2 months ago

Ripple: Wall Street Waiting in the Wings while Asia Emerging as Leading Crypto Trading Venue

Ripple’s Q3 2018 market report shares that it sold $163 million in XRP which accounts 0.43 percent of global XRP volume. It further shared that Wall Street is turning to provide institutional custody of digital assets. Ripple provide details on XRP In its latest report by Cory Johnson, Chief Market Strategist and Miguel Vias, head of XRP markets, Ripple shares the details from the Q3 of this year that saw the sale of $65.27 million worth of XRP programmatically. While, XRP II, LLC sold $98.06 million worth of XRP in institutional direct sales. As for the volatility, it has been “light throughout most of the quarter” but jumped in the last two weeks that saw the price take a hike as well. Currently, Ripple has taken out 400 million XRP from the escrow account and is using them to help support the XRP ecosystem. When it comes to market capitalization, XRP, just like most of the digital assets traded in a continued tight correlation but it did a rally at the quarter end. The growth continued with a number of announcements, one being Coil testing its “web monetization product with more than 200 websites enabling XRP payments.” The trends of the market Ripple also talks about the trends of the market viz. Initial Coin Offerings (ICOs) and regulation, geographical trends, and Wall Street adoption. A pullback in ICO has been seen in Q3 while US regulators took actions to support healthy markets. It covered the cases of, SEC charging unregistered broker-dealer sold digital tokens, FINRA took its first crypto action, SEC rejected a Bitcoin ETF as BTC is not “is not demonstrably resistant to manipulation and a federal judge in Boston ruled virtual currency as a commodity. As for geographical instances, South Korean exchanges emerged as one of the leading trading venues for cryptos and Malta played a big role as its Prime Minister Dr. Joseph Muscat called cryptos “the inevitable future of money,” created a clear legal framework for crypto trading among many other positive steps towards crypto progress. Ripple further notes the Wall Street venturing into the crypto market as it mentions, “Big institutional firms continue moving towards backing crypto trading, but have yet to launch offerings into the market.” Announcements of the sort like Goldman Sachs Group, Nomura Holdings, Bank of New York Mellon, JPMorgan Chase, and Northern Trust exploring or working on crypto-custody services, continued in Q3. This according to Ripple, “has allowed emerging companies to build a handful of large businesses trading digital assets — traditional Wall Street firms are waiting in the wings.” The post Ripple: Wall Street Waiting in the Wings while Asia Emerging as Leading Crypto Trading Venue appeared first on Coingape.

2 months ago

Government-backed Singaporean Vertex Invests in Binance to Establish a New City Branch

Step by step, a cryptocurrency trading platform Binance is expanding their wings into the very heart of digital frenzy, Asia namely. But this time, the exchange’s business outreach hasn’t been broadened on their own accord, it is the oldest venture-capital firm in South-east Asia, Vertex to be praised for such a promotion. According to an announcement, Vertex Ventures, the venture capital arm of Temasek Holdings - which is operated by the government of Singapore - has made a strategic investment in the Binance exchange. Further the fund is said to work with the exchange to set up a new branch in the city-state. So far the amount of investment made by Singapore’s state venture fund remains a secret, yet the source is disclosed. The funding is a joint investment between Vertex Ventures China and Vertex Ventures Southeast Asia & India and will support other fiat-to-crypto services in Southeast Asia. However today a centerpiece of the plan is the creation of the Binance branch in Singapore, a fiat-to-crypto exchange handling trades of digital tokens against the Singaporean dollar. Currently Binance, which is operating at the market for only a one-year period, has run-ins with authorities in Japan, Hong Kong and most recently New York. It is worth to mention that Binance CEO and founder Changpeng Zhao, also known as CZ, was foretelling the Binance opening in Singapore in a statement made last month. Today, when the partnership gained a legal background, Vertex Ventures China managing partner Choon Chong Tay expressed his excitement to team with CZ, saying: “Changpeng Zhao is one of the most well-respected entrepreneurs in blockchain with high inspiration to build and promote the blockchain ecosystem.” For Vertex, the reputed venture-capital fund located in South-east Asia, investing in the crypto-market is a nod to a relatively new industry that is starting to see institutional money slowly back projects. Binance Expands Partnerships to Tackle Cryptocurrency Money Laundering In the meanwhile, Binance is not only looking for new territories and expanding its offerings with new stablecoins, but it also spends time struggling to get rid of malicious activities taken place in the crypto-sphere. Cryptocurrency money laundering is target one for such a tireless exchange. One of the world’s largest digital currency exchange operator, Binance, has reportedly joined a leading blockchain analysis company Chainalysis to help address the challenges of money laundering in the cryptocurrency space and provide a solution for market regulators and financial institutions. The collaboration will see Binance harnessing the AML and KYC compliance software developed by Chainalysis. The Chainalysis novelty KYT (Know Your Transaction) along with the other world-class AML compliance programs are expected to help Binance satisfy regulators globally and build trust with major financial institutions. This is a well-worth activity, since the research conducted by the Wall Street Journal reveals a shocking $88.6 million laundered by criminals using 46 cryptocurrency exchanges. The post Government-backed Singaporean Vertex Invests in Binance to Establish a New City Branch appeared first on CoinSpeaker.

2 months ago

UK MP Joins Crypto Exchange as Advisor on Government Relations

Stephen Hammond, a UK Member of Parliament (MP) has joined the advisory board of a new cryptocurrency exchange IronX. He will advise the cryptocurrency trading platform on government relations including financial oversight and regulation, something that many believe is crucial for the future regulatory development. IronX is a new exchange launched by IronFX and EmurgoHK, who are the co-developers of one of the most successful cryptocurrency projects in recent history: Cardano (ADA token). The exchange is targeting the mass retail trading market. Hammond, a serving MP who has represented his constituency of Wimbledon, London since 2005 and worked with financial wings of the government including the Treasury Select Committee has been interested in cryptocurrencies for a while now. But, he was also quoted as saying that the government was on a steep learning curve to understand the new digital class asset. He said: “The only way cryptocurrencies will be trusted and become accepted in the traditional business environment is through regulation This includes governments, policymakers, regulators and the financial services industry. Governments cannot afford to be ambiguous in their stance and need to engage with the industry.” Overall, the MP has continued to talk positively about the cryptocurrency and blockchain industry and has declared that it is a great opportunity to improve the financial system’s status quo. IronX has already acquired the regulatory approval and has become the first cryptocurrency exchange to get a serving MP on its advisory board. Other MPs have also come out and spoken in favour of cryptocurrencies including Matt Hancock, who delivered a speech regarding the monumental impact of blockchain technology. The UK’s top financial watchdog is tough on cryptocurrencies but, has been steadily issuing exchanges and other trading platforms the required license to operate in the country. Follow BitcoinNews.com on Twitter: @BitcoinNewsCom Telegram Alerts from BitcoinNews.com: https://t.me/bconews Want to advertise or get published on BitcoinNews.com? - View our Media Kit PDF here. Image Courtesy: Pexels.com The post UK MP Joins Crypto Exchange as Advisor on Government Relations appeared first on BitcoinNews.com.

2 months ago

DigitalMint to Launch More Crypto ATMs in United States as Acceptance Increases

The prevalence of crypto ATMs shows that interest and acceptance are definitely increasing. DigitalMint is hoping to grow this with their cash-only crypto purchasing services. After Bitcoin’s major price run last year, cryptocurrencies gained a lot of interest in the world. More and more people wanted to buy virtual currencies but were unsure how to do it. Entering into this decentralized industry required the assistance of centralized tools like ATMs, which are popping up all over the world. Live Bitcoin News reported on how crypto ATMs have been recently launched in the U.S. states of Minnesota and Utah. Countries in economic distress, like Argentina, also seem to be turning to cryptocurrency as an alternative to its own unstable currency. Greece is another country keen on crypto ATMs as is India, even though the latter is still unclear on the legalities of the industry in the country. According to the Sioux City Journal, a Bitcoin ATM and teller company, DigitalMint, is capitalizing on this trend by opening a retail outlet in the Idaho city earlier this month. The company already opened a store last year, bringing its tally up to 17 in the U.S. state. The company has a total of 170 locations in over 19 states with a potential 100 more establishments on the way. The Benefits of Using Cash These locations are usually set up inside existing places like EZ Money Check Cashing establishments, whose employees will be able to assist clients hoping to purchase crypto with their cash. The reason that cash is king is two-fold. The unbanked population does not have debit- or credit cards and it is unfair on them not be a part of the crypto revolution just because of this. However, the usage of cash is not completely altruistic. It also protects DigitalMint against losses caused by chargebacks or transaction reversals on customers’ credit cards. The president and co-founder of DigitalMint elaborated on why cash is preferred by the company: Bitcoin is irreversible by nature. If I send Bitcoin from my wallet to your wallet, that transaction irrefutable on the open-source blockchain. You can go on the open-source ledger and you can read that the transaction happened, and I can’t charge that back. Cash has the same exact property. Crypto Acceptance on the Rise The introduction of ATMs in the industry gives people a safe way to be a part of the ecosystem and the fact that they are being launched all over the world shows that interest is definitely gaining momentum. However, it’s not just interest that is increasing, acceptance is as well. More and more retailers around the world are accepting cryptocurrencies as a payment method. In fact, there’s a craft beer brewery in London that only allows payment in crypto, no cash. It also has a beer whose price is dependent on London’s Financial Times Stock Exchange 100 Index. Hopefully, they won’t use the same price metric for Bitcoin. Can you imagine how much a pint would have cost during Bitcoin’s bull run last December? The more interest in crypto, the more companies in the industry have to do to open the adoption doorway to average people who are unfamiliar with the market. This includes giving people more opportunities to purchase crypto as well as educating them on the scams that go along with it, just as institutions had done when digital banking was introduced for fiat currencies. While cash may be king now, Bitcoin and other cryptocurrencies are waiting in the wings, getting ready to knock fiat off its throne and introduce financial inclusivity to the masses. Do you think we’ll see more ATMs popping up all over the world? Do you make use of crypto ATMs? Let us know in the comments below! Images courtesy of Shutterstock. The post DigitalMint to Launch More Crypto ATMs in United States as Acceptance Increases appeared first on Live Bitcoin News.

2 months ago

Ravencoin: Bitcoin Fork rises over 270 percent - new bitcoin or just a shitcoin?

The Bitcoin Fork Ravencoin has grown by over 200 percent in the last seven days. One of many Shitcoins or the next big thing? Time to look under the wings of the “raven coin”. Ravencoin, a fork of Bitcoin, is a relatively young token; it’s only since January 3, 2018 that it’s been hovering among

2 months ago

WINGS community member, @a_l_e_c_o has earned 10 Eggs for wr...

WINGS community member, @a_l_e_c_o has earned 10 Eggs for writing this post. Check it out 👇🏻 https://t.co/4Ncvu150b7

2 months ago

What’s so special about Beto?

The race between Republican Ted Cruz and Democratic challenger Beto O’Rourke has stirred national interest in the battle for the US Senate seat up for grabs in Texas. It’s easy to see why O’Rourke, a congressman who remains the underdog, has developed a fan base in reliably blue areas like New York City and Los Angeles. He appears to be personable and hip, is passionate about liberal causes, and is running against Cruz, a conservative who can come off as less than smooth and faces disapproval even from within his own party. What’s less obvious is how Beto-mania has taken hold over big swaths of the Lone Star State, a place where no Democrat has won statewide office since 1994. Over the past few months, Beto paraphernalia has cropped up in yards and on SUV bumpers all over my Dallas neighborhood. Last week, hundreds of Beto devotees got up before the sun for the chance to run with their idol around a nearby lake. He’s transformed Democratic regulars into fervent volunteers, and the politically neutral into committed voters. “He gave me hope,” said Lauren Thompson, a 22-year-old recent college graduate who sat out the 2016 presidential election and is determined to show up for the midterms. O’Rourke is even turning some Republicans. Dianne Martin, a 70-year-old retired high-school Latin teacher who said she once felt conflicted about Barack Obama because of his race, told me now she wants to be “on the right side of history.” While Beto can thank Donald Trump’s divisive approach for some of that support, the Texan stands out from other Democratic contenders across the country because of his knack for upending the red-blue categories that have polarized US politics. At his rallies, you can see the outlines of the eclectic coalition that helped him raise a record $38.1 million over the past three months: minorities and whites, gay activists and suburban moms, students and middle-aged professionals. It may not be broad enough to swing Texas—polls consistently show O’Rourke behind Cruz—but it could work elsewhere. Robert Francis “Beto” O’Rourke O’Rourke himself defies categorization often used to explain how Americans vote. He’s white, but grew up in El Paso, a place where Hispanics dominate numerically and culturally. He goes by Beto, a Spanish nickname for Robert, and is fluent in Mexican culture, often waxing poetic about Ciudad Juárez across the border from his hometown. He’s been a punk rocker and a businessman. He’s a champion for veterans and for the LGBTQ community. “He’s sort of a chameleon,” says Howard Campbell, an anthropologist at University of Texas at El Paso, who counts O’Rourke as a personal friend. “He has multiple identities that allow him to have this really broad constituency from many walks of life.” In psychology, that’s called “multiplicity of belonging,” says Sarah Gaither, a Duke University professor who studies identity. It’s a trait developed by biracial people who have to juggle two sets of traditions and norms. (Obama is seen as an example.) Research shows that back-and-forth makes them more flexible and open to other viewpoints. O’Rourke is not biracial but he describes the border shaping his outlook in similar ways. El Paso is so isolated from the centers of power that locals have to make do on their own, which necessarily requires everyone working together regardless of background, says the former councilman. He also knows firsthand that stereotypes don’t live up to their hype: Instead of the “scary, lawless place” the border is made out to be, El Paso is one of the safest cities in the US, he told me. (El Paso’s crime rate is below the national average.) His whole campaign is about subverting stereotypes. In his stump speech, there is no Democrat-Republican divide, or the assumptions that come with it: minority-white, pro-choice-pro-life, urban-rural. Instead, the fault lines fall between people and corporate interests, morality and immorality, common aspirations and fear-mongering. This kind of messaging may sound pollyannaish, but it’s also crude electoral math. Democrats in Texas—and in many other places—simply can’t win if they stick to the existing red-blue framework. An exhausted majority O’Rourke takes pains to remind supporters that his message hasn’t been filtered through pollsters or focus groups. Yet what he’s doing is exactly what at least some research indicates he should. The differences between Democrats and Republicans obviously exist, just in a lot fuzzier way than political ads might suggest, according to a recently released study by More in Common, an international nonprofit that studies polarization. Between hardcore liberals and hardcore conservatives, which made up a third of respondents to a national poll conducted by the group, there’s an “exhausted majority” that accounted for almost 70%. Unlike their counterparts on the extreme wings of the political spectrum, they are more flexible and willing to compromise; they are also tired of political polarizat

2 months ago

Coinbase Opens Office in Dublin to Serve the European Market

The leading cryptocurrency exchange, Coinbase, has announced the opening of its new office in Dublin, the Irish capital city. Firm Starts European Operations Coinbase, the U.S.-based leading cryptocurrency exchange, has been working aggressively to grow its business. As part of its growth strategy, the company has taken multiple steps, including the launch of services for institutional customers (Coinbase Custody, Coinbase Prime, and Coinbase Institutional Coverage group), a partnership with Caspian to provide advanced trading tools, the launch of new “bundle” offerings, and plans for adding new coins. Now to service customers in Europe, the firm has set up its office in Dublin, the capital of Ireland. The announcement states: The number of Coinbase customers in the European Union (EU) grew faster than any other market in 2017. As we scale, we need to attract the best, most qualified and passionate talent to help us achieve our mission of creating an open financial system for the world. As reported by Live Bitcoin News earlier this month, the firm is also looking to raise $500 million for further expansion and was in negotiations with investment firm Tiger Global that would value the firm at around $8 billion. Dublin’s Growing Eco-System The firm boiled down their choice to the city to Dublin after looking at various venues across Europe. The Irish capital emerged as the city of choice due to its local talent pool, support for technology innovation, and the growing blockchain community. Dublin is home to many blockchain facilities and will be hosting a conference being organized by the International Organisation of Standards (ISO) next year. “Dublin is a talent hotspot for companies like Coinbase as they scale and internationalize critical businesses operations,” said Martin Shanahan, CEO of IDA Ireland, the country’s inward investment agency. He added: We look forward to welcoming Coinbase into the Irish economy, and helping them access our talented pool of young professionals from the technology and financial services sectors. A Welcome Development for Ireland’s Fintech Sector The Dublin office would complement the existing operations in London. As the firm plans to set up new functions, it will create new jobs in the city. It will also help build expertise in blockchain technology. Expressing his pleasure at the development, Michael D’Arcy T.D, Minister for Financial Services and Insurance, said: I am delighted that Coinbase is opening an office in Dublin. This decision highlights the competitive offering and attractiveness of Ireland for financial services. Coinbase continues to take aggressive steps to grow and expand its wings across different geographies. That the firm, which is one of the world’s oldest, largest, and most trusted platforms in the cryptocurrency space, wants to maintain its position as a leading player is evident. Do you think opening an office in Dublin will help Coinbase grow its business in Europe? Let us know in the comments below. Images courtesy of Shutterstock. The post Coinbase Opens Office in Dublin to Serve the European Market appeared first on Live Bitcoin News.

2 months ago

Litecoin Price Analysis: ADA Recover from 7 cents as TRX Bulls Aim At 4 cents

Unless otherwise, we expect traders to buy on dips in lower time frames all thanks to yesterday’s attempts of higher highs. Supporting this view are breaks above key resistance lines in Cardano while Tron might print above Sep 2018 highs today. Let’s have a look at these charts: EOS Price Analysis Like most coins in the top 10, EOS volatility is back. However, this time bulls have an upper hand and are up four percent in the last day. Not only are we seeing a situation where buyers might end up reversing last week’s losses but chances are EOS are now bottoming up. Because of this and that fact that our previous EOS short traders are not valid thanks to yesterday’s price explosions, we recommend taking a neutral stand. That’s until after buyers build enough momentum and drive prices above Sep highs at around $6.5. It would even be preferable if we see gains above $7 jolting risk-averse traders back to action in line with our last EOS price analysis. Litecoin Price Analysis Thanks to yesterdays across rising tides, Litecoin bulls are back. On a daily basis, prices are up four percent and the results are clear. From the chart, there are clear rejections from the main support line at $50. Additionally, momentum is building though LTC is technically bearish. Besides, note that prices are still trending inside Oct 11 bear bar in a classic effort versus results scenario. Regardless of the pump, our trading plan is clear: LTC bulls would be in charge once prices rally above $70—the lower limit of our resistance zone. Conversely, bears should be in control in line with the bear break out pattern of early August if a whole bear candlestick print below $50 ushering in bears aiming for $30. Stellar Lumens Price Analysis If anything, Stellar Lumens is one of the top performers in the last 24 hours adding a massive five percent. Despite the sharp spikes, prices are yet to close Oct 11 highs. And instead what we do have is a long upper wick signaling bear pressure in lower time frames. Regardless of the upbeat momentum, we recommend patience until after our Stellar Lumens trading conditions are met. That is, if bulls build enough momentum and drive prices above 25 cents, then buyers should ramp up on dips in lower time frames. However, declines below 18 cents-20 cents main support would activate the next wave of sellers aiming at 8 cents or below. Tron Price Analysis TRX is up five percent in the last day reviving bulls in the process. But, what should be noted though is not the strong resurgence of the last few days but the realization that prices have been ranging within a tight 0.8 cents. In line with our previous Tron price analysis, we need strong rallies above Sep highs at 2.8 cents. Thereafter, bulls can buy on dips with first targets at 4 cents. While this is likely to print today because of yesterday’s hype around Tether, savvy traders would be better placed to reap from patience if they wait for clean close above 2.8 cents. Safe stops would be the lows of the break out bar at around 2.3 cents. Cardano Price Analysis The rejection of lower lows could have a medium to long term effect on Cardano and ADA prices. Besides, it’s not only stabilizing for prices but for the main wings of Cardano following an open letter by Charles Hoskinson citing performance problems from the Cardano Foundation. So far, ADA is up three percent. But, as they print higher prices are bouncing off from the main support at 7 cents. Though we expect a follow through today, we suggest traders to take a neutral stand until after there are gains above the minor resistance trend line and later 9.5 cents in line with our last Cardano trade plan. Thereafter, aggressive traders should load on dips in lower time frames as risk-averse traders wait for rallies above 12 cents triggering high volume bulls aiming for 20 cents and later 4o cents. Disclaimer: Views and opinions expressed are those of the author and aren’t investment advice. Trading of any form involves risk and so do your due diligence before making a trading decision. The post Litecoin Price Analysis: ADA Recover from 7 cents as TRX Bulls Aim At 4 cents appeared first on NewsBTC.

2 months ago

Meet the kererū, New Zealand’s “gluttonous and glamorous” bird of the year and your new lifestyle icon

If you’re looking for clues as to how to live your best life, nature has the answers. New Zealand’s kererū pigeon—also known as the kūkū, kūkūpa, or wood pigeon—is a “clumsy, drunk, gluttonous, and glamorous” creature that was just voted 2018 Bird of the Year in an annual competition held by Forest and Bird, a national conservation organization. nice one #kererū #BirdOfTheYear pic.twitter.com/q2Regi7BS5 — digital tox (@this_guy_spoops) October 14, 2018 This bird, distinctive to New Zealand, is a true lifestyle icon, giving Instagram influencers a run for their money. Always well-dressed—wearing green and grey feathers and a “smart white vest” as the national government puts it— it knows how to chill and how to celebrate, eats mostly fruit, can brew its own booze, and usually makes a dramatic entry. The New Zealand wood pigeon in all its glory. The kererū pigeon announces its arrival with a distinctive “whoosh” of its wings heard only in the forests of New Zealand. And sometimes this party animal gets too drunk and falls from its perch in the trees. See, the wood pigeon lives on berries, buds, flowers, and leaves, and during peak berry season, it gorges on ripe fruit, sits in the sun, and brews alcohol in its own belly until it’s so inebriated that it has to be taken to native bird sanctuaries to “sober up.” Besides serving as a role model for those of us who want to have more fun, the bird’s also got an important role in local conservation. The fate of many New Zealand forests is linked to that of the kererū, according to Forest and Bird. It’s the only surviving native bird big enough to swallow and disperse the seeds of local large fruit from the karaka, miro, tawa and taraire trees. The 14th annual Bird of the Year competition was popular but politically fraught. While 48,000 New Zealanders voted legitimately, there was also “fowl play,” according to Forest and Bird, which had to jettison the votes of 1,800 Australians attempting to get in on the elections against the rules. The wood pigeon’s successful campaign was led by Green Party member of parliament Chlöe Swarbrick. Kererū supporters emphasized the bird’s size and prodigious appetite—it grows to about 20 inches in length from head to tail feathers. The kererū earned 5,833 votes for the win, despite a celebrity endorsement from comedian Stephen Fry on behalf of the kākāpō, which earned second place. Last year’s winner was the kea, a native parrot with olive-green feathers and a splash of orange hidden under its wings. “New Zealanders have voted overwhelmingly for change and the kererū pledges to honor this groundswell of popular opinion and govern for the many.” Team Kererū campaigner Tim Onnes said in a statement thanking voters for their support. “It has been a long and arduous campaign and we couldn’t have done without [them].” Why can’t humans do politics more like birds? My @NZStuff cartoon today. #BirdOfTheYear #kārearea #kākāpō #tui #kiwi pic.twitter.com/8YlPbLnq92 — Jeff Bell (@JeffBellNZ) October 14, 2018 If you’re feeling sorry for birds who just couldn’t compete with the charms of the drunken pigeon, console yourself with this: The black stilt, or kaki, attracted 500 matches on the dating app Tinder.

2 months ago

South Africa’s chicken wars have given us some very fun and creative advertising

The aroma of fried chicken is no longer enough to lure hungry customers in the highly competitive South African fast food market. In the last decade, selling chicken in South Africa has had less to do with taste and more to do with the idea behind the brand. It’s not unlike the rivalry between Coca Cola and Pepsi or Nike and Adidas elsewhere, in which the campaign is more about identity than the product—and of course profit. South Africans consume about 28 million chickens a week with more than 20% of these consumed in fast food outlets, according to reports on the industry. That makes chicken one of the most profitable sectors of agriculture and food retail. “The fried chicken category in South Africa is one of the most highly contested and so because of this level of competition, creativity has become a leverage between the different brands to really connect with consumers,” Xolisa Dyeshana, chief creative officer of advertising agency Joe Public United, told Quartz. The agency created the award winning character Sbu 2.0, a robot created by a science teacher who’d rather spend his time eating chicken wings from local chain Chicken Licken. Playing around the theme of the inescapable craving, Chicken Licken has also created characters like an afronaut who can’t resist his own chicken delivery to suffering astronauts in an international space station and a misplaced Icelandic boy whose oddly South African traits can only be cured by Chicken Licken. The campaigns have successfully taken on the leaders of chicken advertising in South Africa, Nandos. Their campaigns like the “Last Dictator Standing” (released not long after Muammar Gadaffi’s death in 2011) and their recent commentary on corruption in South Africa, titled “We can fix our s#*t”, have gone viral. Nando’s has successfully courted controversy to become a brand associated nearly as much with creativity, comedy, and even design, as it is with chicken. Even as it enjoys international success, its message to South African consumers is very localized. It isn’t enough to rely on international fame to sell to South Africans. Churches Chicken entered South Africa in the early 2000s, with plans to further its global rivalry with KFC. The Texas-founded brand never appealed to South Africans, forcing the local franchiser to exit the deal in about a year. Popeye’s, which is owned by Canadian company Restaurant Brands International, entered the South African market last year and are still trying to make a go of it, even as local buyers are forced to curb spending due the sluggish economy. Like Church’s more than a decade before, Popeye’s also believes that its international fame will help it in South Africa, but early indications were that many South Africans didn’t recognize the name as the brand has yet to enter the media space. The largest chain in South Africa, KFC has been here since 1971 and now has over 887 stores with localized menu items like the tradition maize staple pap as a side dish. Yet, even they recognized that it has to remain relevant in the advertising space and tried some new tricks. In September, KFC’s marketers teamed up with chart-topping gqom duo Destruction Boyz to create a more urban depiction. A viewer complained about a car spinning in the advert, saying it promoted unsafe behavior and the Advertising Standards Authority of South Africa banned it from being shown on television. But as Nando’s banned adverts show, KFC’s brand is unlikely to be affected in the long term. With advertising agencies coveting more awards and outlets chasing customers, it’s going to take more than a secret recipe to sell chicken in South Africa. Sign up for the Quartz Africa Weekly Brief — the most important and interesting news from across the continent, in your inbox.

2 months ago

We were promised flying cars. It looks like we’re finally getting them.

Joby Aviation, Lilium Aviation, Transcend Air, AeroMobil, Volocopter, Kittyhawk, Zee.Aero, Ehang, Terrafugia, Uber Elevate. The number of venture-backed startups taking to the skies in recent years has soared. What changed? Earlier attempts at flying cars tried to replace the helicopter, attempting to engineer new ways to attach a rotating blade (or series of them) to a vehicle, in order to lift up passengers and whisk them off to a destination. That’s fine for short hops, but the power demands of pushing such a vehicle through the air can drain batteries within a few dozen miles. Today’s efforts tend to involve wings, which, thanks to the magic of lift (see Bernoulli’s Principle), enables flying electric vehicles to travel farther and more efficiently. These improved designs make affordable point-to-point air travel suddenly feasible, and a compelling business proposition, says investor Andrew Beebe of San Francisco Obvious Ventures. After avoiding the sector in recent years, Obvious Venture decided to back Lilium last year, and they’re not alone. Investors are now lining up behind aerial vehicles. “This is totally going to happen,” says Beebe. Since 2016, venture capitalists have invested $140 million per year in flying cars, according to CB Insights, which researches technology trends. That’s three times more than in 2015. This year will likely meet or exceed that value. As investment in the industry grows, partnerships and acquisitions are gaining speed, reports CB Insights. Over the past few years, Uber has partnered with five flying-car startups for its incipient flying-taxi service; in 2017, Chinese car maker Geely acquired Massachusetts-based Terrafugia (which already makes a $400,000 two-passenger vehicle), and Boeing acquired Virginia-based Aurora Flight Sciences. Airbus and Germany’s Volocopter have begun pouring money into the technology as well. All are experimenting with different permutations of fuselages and propulsion. Ultimately, the vision for EVTOL (electric-vertical-takeoff-and-landing) technology is for a vehicle that can take off from the top of buildings or any modest-sized flat pad by rising vertically straight up into the air, and then convert into a more traditional planes for horizontal flight. When its destination is reached, it would stop in the air, hover over the landing pad, and land vertically. Traveling 100 miles (160 km) over congested urban areas would take a matter of minutes instead of the hours it can take on the road. Tickets could cost $20 to $50 per trip, Beebe estimates, bringing semi-personalized air transport to anyone with some disposable income, and not just the ultra-rich. Flying car concepts by Airbus (left), Joby, and Opener Critics have long dismissed this as an impractical fantasy. Tesla CEO Elon Musk (whose car and underground-transit businesses would be affected) has slammed the flying-car concept, calling proposed designs “1,000 times bigger and noisier” than conventional vehicles and capable of guillotining people if they malfunction. Uber CEO Dara Khosrowshahi rebutted Musk on Twitter, arguing that advances in software and battery technology could help the next generation of flying cars overcome those problems. Uber is developing its own affordable flying taxis for an “UberAir” service the company plans to roll out first in Los Angeles and Dallas, Texas, and then in a handful of cities outside the US. Full autonomy is likely to arrive for air travel long before cars on the ground, says Matt Trotter, managing director of “frontier tech” at Silicon Valley Bank, and that should further cut the costs of aerial transit. Air travel has a lower risk for potential collisions and less infrastructure requirements than on-the-ground travel, and robust autopilot technology has already been tested on thousands of planes worldwide. That gives EVTOL vehicles a head start over road vehicles. First, of course, the government will have its say. “Regulatory hurdles are going to be massive,” Trotter admits. The US Federal Aviation Administration has never approved a VTOL craft, let alone one that doesn’t run on jet fuel or need a pilot. Several companies have commercial air-taxi services planned for the next few years, but it’s an industry defined by delays. Last year, Dubai missed its July 2017 launch target for EVTOL service and Japan’s plans to launch its own aircraft by the end of 2018 looks doubtful. A homegrown aircraft built by the startup Cartivator crashed during test flights last year after rising just a few feet off the ground. But the company is undeterred: it claims its 9.5-foot-long SkyDrive aircraft will light up the torch at the 2020 Tokyo Olympics.

2 months ago

South Africa’s chicken wars has given us some very fun and creative advertising

The aroma of fried chicken is no longer enough to lure hungry customers in the highly competitive South African fast food market. In the last decade, selling chicken in South Africa has had less to do with taste and more to do with the idea behind the brand. It’s not unlike the rivalry between Coca Cola and Pepsi or Nike and Adidas elsewhere, in which the campaign is more about identity than the product—and of course profit. South Africans consume about 28 million chickens a week with more than 20% of these consumed in fast food outlets, according to reports on the industry. That makes chicken one of the most profitable sectors of agriculture and food retail. “The fried chicken category in South Africa is one of the most highly contested and so because of this level of competition, creativity has become a leverage between the different brands to really connect with consumers,” Xolisa Dyeshana, chief creative officer of advertising agency Joe Public United, told Quartz. The agency created the award winning character Sbu 2.0, a robot created by a science teacher who’d rather spend his time eating chicken wings from local chain Chicken Licken. Playing around the theme of the inescapable craving, Chicken Licken has also created characters like an afronaut who can’t resist his own chicken delivery to suffering astronauts in an international space station and a misplaced Icelandic boy whose oddly South African traits can only be cured by Chicken Licken. The campaigns have successfully taken on the leaders of chicken advertising in South Africa, Nandos. Their campaigns like the “Last Dictator Standing” (released not long after Muammar Gadaffi’s death in 2011) and their recent commentary on corruption in South Africa, titled “We can fix our s#*t”, have gone viral. Nando’s has successfully courted controversy to become a brand associated nearly as much with creativity, comedy, and even design, as it is with chicken. Even as it enjoys international success, its message to South African consumers is very localized. It isn’t enough to rely on international fame to sell to South Africans. Churches Chicken entered South Africa in the early 2000s, with plans to further its global rivalry with KFC. The Texas-founded brand never appealed to South Africans, forcing the local franchiser to exit the deal in about a year. Popeye’s, which is owned by Canadian company Restaurant Brands International, entered the South African market last year and are still trying to make a go of it, even as local buyers are forced to curb spending due the sluggish economy. Like Church’s more than a decade before, Popeye’s also believes that its international fame will help it in South Africa, but early indications were that many South Africans didn’t recognize the name as the brand has yet to enter the media space. The largest chain in South Africa, KFC has been here since 1971 and now has over 887 stores with localized menu items like the tradition maize staple pap as a side dish. Yet, even they recognized that it has to remain relevant in the advertising space and tried some new tricks. In September, KFC’s marketers teamed up with chart-topping gqom duo Destruction Boyz to create a more urban depiction. A viewer complained about a car spinning in the advert, saying it promoted unsafe behavior and the Advertising Standards Authority of South Africa banned it from being shown on television. But as Nando’s banned adverts show, KFC’s brand is unlikely to be affected in the long term. With advertising agencies coveting more awards and outlets chasing customers, it’s going to take more than a secret recipe to sell chicken in South Africa. Sign up for the Quartz Africa Weekly Brief — the most important and interesting news from across the continent, in your inbox.

2 months ago

Top 3 Blockchain Projects That Change Ads We See Online

Blockchain has spread its wings over lots of industries, from gaming to insurance. Still, one of the industries that arguably needs the technology’s features more than others is digital advertising as most of its problems go down to insufficient accountability, lack of transparency, and high susceptibility to fraud - in a word, everything that blockchain can easily solve. No wonder that there are numerous projects that work on creating a solution to that plague. Most of them, however, see the solution differently, and focus on different things. While it can eventually lead to an unnecessary fragmentation of already heavily divided market, it still creates healthy competition, which is economically sound in the long run. But anyway, what exactly do blockchain believers offer to the advertising industry? AdEx AdEx is a decentralized ad exchange that raised $10 million over just 3 hours into their ICO back in June 2017. The platform’s creators claim that it can “disrupt and replace” the traditional advertising in digital media by enabling direct collaboration between advertisers and publishers. The platform claims that it can ensure 100% monetization of ad traffic while providing clear and transparent reporting, connecting advertisers to publishers around the globe, minimizing ad fraud risks, and asking no fees in return. Notably, AdEx already offers a beta version of the platform, and welcomes advertisers and publishers to try it. BAT BAT, or Basic Attention Token, is one of the first solutions offered by blockchain startups in the realm of online ads. It is a digital currency that underpins Brave, a pay-to-surf web browser. It monitors user interaction with websites in order to tailor ads to a specific audience and make them actually interesting. The tokens are payable to users for viewing ad integrations or visiting relevant websites. Being one of the first attempts to create a blockchain-powered ecosystem for advertising to garner serious media attention, this solution still has certain downsides. The most obvious of them is the use of cryptocurrencies, which are still beyond the conceptual grasp of wider audiences, and pariahs to most serious businesses. Additionally, the solution requires one to install special software, and generally isn’t very time efficient. AdShares AdShares offers a decentralized marketplace for ads that can be bought and sold in a transparent fashion. Other advantages of the platform include “more liberal” moderation, which means that censorship rules there are pretty mild. However, while it all looks pretty good, AdShares suffers from the same problem as its peers: all transactions on the platform can run exclusively in its native tokens, which can potentially scare away lots of potential customers who aren’t ready or willing to deal with cryptocurrencies. Conclusion The blockchain industry itself is still pretty young, and suffers from most problems typical for any other nascent industry. When it comes to advertising, most blockchain-powered projects have the biggest downside in the eyes of the big league companies: they use cryptocurrencies which are yet to garner any mainstream recognition. This conceptual issue aside, their solutions hold a great promise, and are likely to evolve into something bigger the next decade. Digital advertising industry is truly plagued by lots of problems, all of which apparently can be solved by using decentralized architecture and solutions. However, only time will tell which form this eventually takes. This is a sponsored article 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 Top 3 Blockchain Projects That Change Ads We See Online appeared first on NullTX.

2 months ago

WINGS release #1.17 has been deployed on mainnet! Updates in...

WINGS release #1.17 has been deployed on mainnet! Updates include: -Architectural refactoring -UI improvements -Tem… https://t.co/Mrf5vdkBep

2 months ago

We're excited about this new partnership too! @SIRINLABS and...

We're excited about this new partnership too! @SIRINLABS and @Aurora_dao were both previously listed on WINGS befor… https://t.co/y1nHkGgRNX

2 months ago

If you're about to launch an ICO, list your project on WINGS...

If you're about to launch an ICO, list your project on WINGS and our community will evaluate and promote your proje… https://t.co/AoyjtTFaGA

2 months ago

Sierra Leone, United Nations to Develop Blockchain Digital ID System

Two of the United Nation’s wings are joining hands with Sierra Leone government to build a blockchain-based ID system for their seven million people. The UN Capital Development Fund (UNDCF) and the UN Development Programme (UNDP) have entered into a partnership with Kiva, a technology nonprofit. Kiva will lend its institutional protocol of the same...

3 months ago


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