Known as a dual-layered protocol for financial assets, Pal Network continuously trailed its roadmap of success by listing its native currency PAL to KuCoin exchange market.
Deposits are now available, and all trading transactions are done using KuCoin’s official website at www.kucoin.com or by using their mobile app.
PAL is now available for deposit with supported trading pairs that include PAL/BTC and PAL/ETH. Buying at 17:00, selling at 18:00 and at withdrawal at 20:00 UTC+8.
About Pal Network (PAL)
PolicyPal Network’s aspect is to build the image of the digital insurance space and charge the deficit ineffective digital protection that’s main interest of the new generation of purchasers. Because of the elusive and fast-paced of cryptocurrencies, Crypto assets are invariably revealed to constantly developing intimidations such as wallet breaches and exchange hacks. It provides complete protection plans that will effectively modify the awareness of danger in the cryptocurrency space while ensuring your crypto assets. We also anticipate a digital prospect where insurance and crypto assets can still have unlimited overlay without any conflict.
The main purpose is to have the desired result where crypto asset holders are sufficiently fused to any current jeopardies and boundary of any approach for digital protection for not having enough insurance are forever decreased. The Advantages of Blockchain in Insurance is it provides an entirely different collection of developmental invasions in the insurance space beyond an extensive variety of sectors. It covers decreased transactional costs, simple methods that encourage trust between every party and improved clarity over the whole insurance journey. The principal advantages are Automated Policy Claims which is used smart contracts in the integration of advanced third party data sources and Reduction in Insurance Fraud.
PolicyPal Network Blockchain
- Powering the decentralized insurance network over different countries.
- Smart Insurance Contracts — weather condition triggers, fraud detection, pricing algorithm adjustments, claims submission and payout.
- Instant settlement and issuance of policies.
- Secured blockchain design for privacy to protect sensitive policyholder details.
PAL Network will be the data platform where we aggregate various parties from token holders, trusted partners, insurers, insurer agents and third-party data sources into the ecosystem. The parties involved will carry out different activities to play a part in the growth of the ecosystem. In return, the parties involved will be incentivized with PAL Network Tokens for the work they have done.
PAL Network will aggregate the information of the consumers to underwrite the insurance policies, verify identity documents and process the claims payment. Third-party data sources including hospitals, clinics, index weather statistics, death registries, and various authorities will be linked to PAL Network platform to automate claims payouts for the policyholders.
PolicyPal Singapore’s existing insurance partners and insurance agents can also play a part in the ecosystem by joining as the insurance product distributors. Token holders can contribute by suggesting new types of insurance products to be insured and assisting with the marketing of insurance policies among the community. The parties involved in helping to market and form the community can earn bonus PAL Network Tokens when the pool they helped to form has lower claim ratio as compared to the average claim ratio in the same city/state.
What is Zcash (ZEC)?
Zcash is a cryptocurrency based on an open-source, decentralized blockchain technology that provides 100% anonymity to its users/participants involved and their transaction amounts. The only visible details on the public blockchain are the payment transactions.
It is based on the original Bitcoin (BTC) code but with some adjustments and improvements especially on the privacy features and level of protocol. In addition to that, it is the fork of BTC, ZEC works on the Equihash memory-oriented, the proof-of-work algorithm where the RAM power of your device determines mining.
This cryptocurrency was created with a goal to maintain the open financial structure only with privacy and fungibility features included. Fungibility or fungible means the contraction and substitution of the commodity for another with ease. It is vital in the cryptocurrency world since it ensures ZEC users that their coins are as valuable as the other.
The cryptocurrency for Zcash is ZEC.
Fun Fact: Did you know that the letter “Z” in Zcash means zero as in “zero-knowledge proof,” the cryptocurrency’s main feature.
The Special Features of Zcash (ZEC)
The Zcash (ZEC) cryptocurrency is dubbed as “the most interesting alternative to Bitcoin (BTC” by Edward Snowden, an American snitch who leaked the information about government surveillance programs.
Here are the unique features that this cryptocurrency has to offer:
• Transparent/shielded ZEC address – ZEC users have the freedom to choose what type of address they want to handle. If they decide to have a transparent address, the received payment amount is public; if you choose to have a shielded address, the received payment amount is untraceable.
• Standard Bitcoin-like transactions – this ZEC feature allows users/miners to send public payment transactions that work similarly to the Bitcoin (BTC) blockchain technology.
• Shielded private transactions – this feature shields the sender’s information and the amount of transaction placed.
• Zero-knowledge proof – the main feature of this crypto which proves that any transaction made on its platform is valid even without revealing any official information and details about it. In short, all Zcash transactions are digitally untraceable yet validated.
• Encrypted open ledger – transactions made on its block chain can only be viewed by users who are given access to it.
• Zk-SNARKS – this feature refers to cryptographic strings attached to the untraceable transactions, it includes codes which serve as private keys that can only be generated by another user’s private keys. It serves as a proof of construction specially designed to secure the entire network. This Zcash feature keeps the network’s ledger of balances highly secured without revealing users, miners, and the amounts in every transaction made. This feature prevents the use of zero-knowledge proof (ZK proof) – the user making the transaction can spend Zcash coins then the value balances to a mysterious amount that has never been spent.
• Transaction view key – this feature allows your Zcash wallet to have completely untraceable transactions while giving your selected third-party users to access your finances sans the power of controlling it.
What is the Potential Price of Zcash Coins?
In case you are still in a dilemma whether you are going to buy Zcash coins or not, you must be fully aware of the risk factors and the potential price for the time being.If you are planning to invest on the BTC alternative called Zcash, you have to check first if the potential price (good and bad) factors suit you, to begin with here are the good potential price predictions:
• The Zcash Foundation – a non-profit organization which is funded by the blockchain and to the proceeds of Zcash Founders’ Rewards.
• Legitimate partnerships – Zcash core team has officially partnered with Etherium to introduced zk-SNARKS for a Byzantium upgrade; it is also partnered with JP Morgan Chase and Company where the zero-knowledge security layer (ZSL) is introduced to the bank’s Quoromblockchain.
• The ZEC maximum supply is 21 million only as of 2018.
• It is more advanced, has more advantages, and excellent features than the well-known Bitcoin (BTC)
• ZEC is widely honored on almost all crypto exchange sites.
On the contrary, here are the terrible factors of ZEC’s potential price:
• Zcash success depends on demand alone
• Its anonymity allows users to do illegal and criminal transactions untraceable easily
How to Buy Zcash Coins?
Once you have finally decided to buy Zcash coins, do you know that there is actually a way to avoid expensive transaction fees? Follow the steps below:
1. Buy Bitcoin (BTC) or Ethereum (ETH) through your selected exchange site that uses fiat currency via Coinbase.
2. Transfer BTC/ETH to your exchange site chosen that honors Zcash coins. For the time being, Binance is the best option. (Tip: if you bought BTC/ETH via Coinbase, check for GDAX to avoid transfer charges).
3. Buy Zcash coins by trading BTC/ETH coin, that’s it!
How to Sell Zcash Coins?
You can sell Zcash coins on the same exchange site where you bought it. The selling process is similar to the buying process except for this time, you will click “Sell ZEC”.
Zcash Coins Wallet
Did you know that there are several kinds of wallet where you can store and transact your Zcash coins? Here are the following:
• Desktop wallet – this type of Zcash wallet is specially designed for Linux, Windows, Mac OS X users; we highly recommend you to use Jaxx desktop wallet.
• Mobile wallet – for Google Android users, you can use Freewallet mobile app; for both Google Android and Apple iOS users, you can use Jaxx, BitPie, and Coinomi mobile app.
• Web-based wallet – you can also put up a Zcash wallet as an extension of your web browser! We highly suggest you to use Google Chrome and add Jaxx as an extension.
• Hardware wallet – this type of Zcash wallet is considered as the safest among all crypto wallets; with that being said, we highly recommend you to use TREZOR, Ledger Nano S, and Ledger Blue.
Take note that Zcash coin wallet has private keys to secure your crypto earnings.
The Team behind Zcash (ZEC)
Zcash (ZEC) was founded by Zooko Wilcox O’Hearn(a 41-year-old cryptographer who also serves as the chief executive producer) was officially launched on October 28, 2016.
This cryptocurrency is spearheaded by a huge team working and backing on its network. Unlike other teams behind a great cryptocurrency, each and every person behind team ZEC introduced themselves to the public eye.
Without further ado, here are the key people behind the Zcash Core Team:
Zcash (ZEC) Scientists
• Eli Ben – Sasson – This ZEC scientist implemented Zero-Knowledge (ZK) and Probabilistically Checkable Proofs application; co-founder of Succinct Computational Integrity and Privacy Research Laboratory (SCIPR), where the members created the ZK system.
• Alessandro Chiessa – implemented the Succinct Zero-Knowledge Proofs application; co-founder of SCIPR laboratory, and the author of libsnark – a C++ library for zkSNARK proofs.
• Christina Garman –researches on cryptographic implementations and privacy.
• Matthew Green – works on enhancing the confidentiality of information storages, anonymous payment portals, and cryptographic engineering; co-founder of TrueCrypt Audit Project.
• Ian Miers–focuses on the relation of identities and cryptography, designs developer and user-friendly systems.
The Zcash (ZEC) Roadmap
The Zcash core team which comprise of engineers and scientists never fail to keep their users satisfied with their services. Here is a glimpse of the crypto’s recent development through the years:
• Around May 2017, major U.S. bank JP Morgan Chase and Company officially announced that they had integrated Zcash in their blockchain platform.
• Around November 2017, Grayscale Trust – digital/cryptocurrency investments firm made formally Zcash its 3rd supported crypto which allows their investors to purchase stocks connected to its value.
The Zcash (ZEC) Projects
There are a lot of causes why you need to try the cryptocurrency that is dubbed as “an improved version” of Bitcoin.
This 2018, the Zcash core team announced the following projects:
• A faster private transaction process
• Fewer load on resources
• Mobile wallets
KuCoin cryptocurrency exchange is delighted to announce that they have listed another currency for an AI solution project called VisionX VNX.
Deposits are now available with supported trading pairs such as VNX/BTC and VNX/ETH. Other VNX transactions are accessible utilizing KuCoin mobile apps, or to their official website at www.kucoin.com.
VisionX (VNX) Buying order: 20:00 October 29, 2018 (UTC+8)
VisionX (VNX) Selling order: 20:30 October 29, 2018 (UTC+8)
VisionX (VNX) Withdrawal: 20:00 October 31, 2018 (UTC+8)
About VisionX (VNX)
VisionX establishes a vision of “X,” providing a sustainable and incentive-driven blockchain-based ecosystem that serves as a bridge between companies worldwide to boost the best AI and data solutions across each industry, multiple industries AND with personalized solutions for each customer. The tokenized incentive system of VisionX will include both token incentives and a unique sharing of future related payments to incentivized ecosystem contributors according to the real value of their contributions. All the transactions will be monitored and recorded in real-time based on Blockchain technology, making it possible to control the AI solution development process. Based on its unmodifiable characteristic, blockchain technology can build trust among developers, contributors, and requesters within the VisionX AI solution ecosystem.
VNX Token Mining for Data Across Industries
– AI Solutions token incentive are distributed among data contributors (15%), AI solution/dataset builders (65%) and VisionX (20%)
– Customer provides more relevant data for their use case to further improve AI solution accuracy
– Data is screened, analyzed and validated by our DataonomySM algorithms
– Data cleansing, annotation processes are performed
– VisionX will use the profit to burn tokens, up to 50% of circulation
– If a certain data is included in the base/customer AI dataset(s), which helps improve an existing AI solution or helps build a new AI solution
Token Sale and Distribution
The native digital cryptographically-secured utility token of the VisionX platform (VNX) is a major component of the ecosystem on the VisionX platform, and is initially issued by the Distributor as ERC20 standard-compliant digital tokens on the Ethereum blockchain, and these will be migrated to tokens on the Deepbrain Chain’s public chain when it’s eventually launched. The total amount of VNX issued is 10 billion.
A total of 10% will be allocated to DeepBrain Chain Inc, as they will facilitate incubation of the project. DeepBrain Chain will lay the framework for the AI cloud net of VisionX to operate and thrive by feeding it with global data.
Genaro Network is a blockchain based ecosystem that aims at encouraging users to share their spare disk space in return for a reward paid in tokens. The Genaro Network has its eyes set on making the world’s largest cloud storage system by utilizing storage spaces from the users. They aim at providing a base for new projects where blockchain developers can deploy smart contracts and also store their data simultaneously. Now with the introduction of blockchain 3.0, Genaro Network also aims in developing blockchain infrastructure.
Genaro Network also has plans to focus more on DApps and user application hosting. It can also act as a base for more intelligent as well as powerful programs that need a hell lot of space to accommodate its computing power. This platform has the potential to power simple user programs like small apps to high-level programs like evolving artificial intelligence or high-level programming in the robotics field.
Genaro Network is revolutionizing the storage scenario. It is moving from cloud to blockchain which is more secure and connected. According to Genaro, the only blockchain can help us in revolutionizing the way which we deal with large data and programs like artificial intelligence. They say that only if we move from cloud to blockchain, decentralized applications will be as useful as internet applications.
Larry Liu is the founder and project lead of Genaro Network. Larry is an entrepreneur with an engineering degree who has worked as a security engineer in Hewlett Packard, after getting his degree from North Western University U.S.A. Jason Inch is the co-founder and the strategic lead at Genaro Network. Inch has more than twenty years of experience in Silicon Valley as a tech expert. He is also the founder of China Business Events meet up the community. He is also an accomplished author. Waylon Wu is also a co-founder and the technology lead at Genaro Network. Andrea Liu is the technology lead.
HOW DOES Genaro WORK?
The prime objective of Genaro Network is to build a Turing-complete public blockchain with a decentralized network. This will act as the new breeding ground for the Genaro Network’s ecosystem of decentralized applications. Applications which need a lot of space, which is currently not as good in blockchain 2.0 platforms like etherium will come running for Genaro Network ecosystem as it can handle massive files like videos and solve the scaling issues.
Genaro Network’s other ventures like Genaro HUB and Genaro ACCELERATOR will aid in making the Genaro Network ecosystem more friendly for DApps. The Genaro HUB has physical co-working spaces where the Genaro Network helps in developer collaborations. Genaro ACCELERATOR provides the support needed for developers in the Genaro Network ecosystem.
GNX, THE Genaro token.
A total of 7 billion GNX tokens is issued where eighty-five percent of the supply is allocated to the general public. Fifteen percentage is designated to the Genaro Network team where the fifteen is further split into two, nine percent for co-founders and six for the consultants. The GNX tokens are priced at the rate of 1 ETH = 3000 GNX
One of the main drawbacks of blockchain 2.0 based platforms like etherium and bitcoin is its incapacity to hold large data. Here is where Genaro Network comes in, with its new ecosystem based on blockchain 3.0 it can focus on smart contracts and storage to the blockchain, hence creating the world’s first smart storage. Developers can build DApps or decentralized applications on this platform by taking advantage of Genaro Network’s smart storage and smart contracts. The future does look bright for Genaro Network.
Cappasity is a well-known name when it comes to the augmented reality and virtual reality field. They are currently committed to making and assimilating 3D components which can later be sold through online stores. According to many tech gurus, the augmented reality and virtual reality is the thing of the future. Nowadays, the entertainment business is all about content quality. The primary barrier that lies in front of all the major companies in this sector is the quality of the contents they put forward. If the quality of said content is compromised in some ways, it can end up being a catastrophe for the company.
Cappasity is launching a community-based blockchain platform mainly for the generation and distribution of quality 3D content. Cappasity platform has resulted in hassle-free 3D content creation and delivery. Using the ART tokens introduced by Cappasity, the participants in the Cappasity platform can create, buy, lease and sell any augmented reality, virtual reality or 3D content.
The founders of Cappasity have been working in the field for more than 15 years now. The company has Konstantin Popov at the wheels as the CEO. Konstantin is well known for his leadership roles in Russian Association of Devolopers of Interactive Technology commonly called as RADIT. Second in command is Alex Chegaev, Co-founder of Cappasity and has immense expertise in the 3D arena. Marianna Alshina, who is the co-founder and CBDO at Cappasity. Natalie Reyes is the chief sales officer at Cappasity. Apart from them, there is a well reputed and well-qualified team of advisors to back the Cappasity team whenever they want.
HOW DOES Cappasity WORK?
Cappasity ecosystem provides to those who are looking to create, sell or buy augmented reality, virtual reality or 3D content. It aims at creating exceptional tuned content irrespective of the subpar content available now a day.
The Cappasity platform work by creating two different layers. They are the infrastructure layer and the marketplace layer. The infrastructure layer is comprised of software toolkit, the blockchain, and the decentralized storage. Whereas, the marketplace layer permits for content exchange. There is also a sandbox region for testing the content.
Its community is made up of many participants like the content creators, content moderators, developers, businesspeople, consumers and storage providers. The CAPP token will be the medium of the exchange offering a global ecosystem without a costly exchange and restrictive borders.
Cappasity’s CAPP TOKEN
The CAPP token, which is also known as the AR token propels the functioning of the Cappasity platform or Cappasity ecosystem. The CAPP act as the medium of exchange in the Cappasity platform. The CAPP token is perfect for the customer to customer economic interactions. The ICO price is set at $.008 for one CAPP. Cryptopia and KuCoin have enlisted Cappasity, and both ETH and BTC is used for transaction.
The minimum transaction is $100, as the company does not accept contribution under 100 dollars.
Cappasity was founded in the year 2013. In the fourth quarter of 2017 Cappasity started accepting CAPP for its transactions. The introduced 3D hologram mobile capturing app, introduced plug-ins for gaming giants like Unity in the first quarter of 2018. In the second quarter, Cappasity joined hands with Apple for ARkit integration. In the third and fourth quarter of 2018, Cappasity will look into the field of 3D printing, and 3D is capturing for real estate spaces. In the first quarter of 2019, they plan to introduce 3D capturing through drones.
Unlike many other ICO’s, Cappasity is set out to revolutionize the 3D digitalizing sector. It is a fantastic concept actually, as this is an untouched area. Cappasity has created a marketplace for people who are trying to buy, produce and sell 3D content. It is one of a kind novel idea which has the potential idea to attract a lot of investors. Cappasity is working on a field that is on the blooming period now. Augmented reality and virtual reality being the ‘thing of the future’, if it can play its cards right, Cappasity will emerge as a real blue winner.
SingularityNET is an AI solution based on the decentralized blockchain platform. The SingularityNET network lets you create, share and monetize the AI based services at very large scale. It is dubbed as The Global AI network. Anyone in the world can take advantage of AI services, agents, and algorithms using the SingularityNET global network.
SingularityNET services provide the extensive scientific research which is useful in the projects that require large datasets to build something. And SingularityNET provides exactly that. They are also building a marketplace for the AI services that will benefit the developers all around the world. SingularityNET is the team behind the human-robot Sophia. Sophia was granted the Saudi Arabian citizenship earlier this year.
The use case for this type of service is required for it to be successful on a global scale. There are many use cases for this type of service.
Cloud Robotics – in the field of scientific development cloud robotics is one of the important things which use cloud computing infused with the robotics principles and make the robotic research possible through it.
Biomedical Research – Biomedical research is the most important field today. To develop the new vaccine or the new treatment for a disease, researchers need to process tens of thousands of datasets at once which is not possible with normal computing. So AI based services are very easy to work with these datasets.
Cybersecurity – Nowadays Cybersecurity is the concern for everyone. Privacy is a huge issue for users with AI solutions this can be resolved. Many cybersecurity services can be launched with the help of AI.
How SingularityNET Works?
In the SingularityNET marketplace, the developers of various AI services can lend their tools and services for the AGI tokens. This can be simply achieved by APIs provided by SingularityNET to integrate the AI service with smart contracts. AI services such as image processing and language processing can be integrated with smart contracts using SingularityNET APIs.
The SingularityNET platform has agents whose work is to execute the smart contracts for the users. The SingularityNET network is consist of these agent nodes and these agents rank each other on a scale of 0 to 1. If an agent is doing his work properly and sends the payment after completing the task their ranking can assume 1. It is not necessary to give ranking to each other and this ranking process can also be automated. This ranking system of agents is dependent on these three factors.
- AGI Token Staking
- Benefit Ranking
- External Validation
The vision for the SingularityNET team is built complex networks of carefully crafted AI services which can self-organize and all of this will be built using the resources form OpenFog Foundation. Their humanoid Sophia is built on these principles and they want to give these powers to all developers to build something like that. Sophia is a very sophisticated robot which uses the combination of many AI services such as natural language processing and Physical motor controls.
ICO and token
SingularityNET ICO was started on 21 Dec and ended on 22 Dec. It was priced at $0.10 USD and they set the hard cap of $32 million USD. The AGI token is based on the Ethereum platform and it is an ERC20 type token. Total of 1 billion tokens was created and 50% of them were available for sale during the ICO. 20% tokens were kept for the rewards pool.
They only accepted Ethereum as the payment for their tokens during the ICO. Now you can exchange the AGI tokens for BTC, ETH or USD and you can also use your fiat currency to trade the AGI.
Team of SingularityNET
The team of SingularityNET consist of many scientists and AI developers. They have more than 60 members on the team. The 50+ members of the team have extensive work experience as the AI developers and blockchain experts. They have more than 10 Ph.D. professionals in the team. Dr. Ben Goertzel is the leader of the team and officially he is also the CEO of the company. Dr. David Hanson of the Hanson Robotics serves as the Lead of Robotics.
The Most famous invention of Hanson Robotics is the humanoid Sophia. Sophia is the most expressive Robot on the planet and she is also a part of the team of SingularityNET. The team of SingularityNET has vast experience in the field of Robotics, AI, and blockchain technology. Cassio Pennachin serves as the Chief AI officer of the company.
The current pricing of the SingularityNET is at $0.11 USD with the trading volume of $2.7 million USD in the last 24 hours. The circulating supply of tokens is around 539 million. To buy any service from the SingularityNET platform users need to purchase AGI tokens. Trading volume of last 24 hours shows that there are a fair amount of users are buying and selling the AGI tokens which means there are a fair amount of users are using the SingularityNET platform.
The current market cap of the SingularityNET is $62 million USD which is good but not significant as it should be. The value of the project is much more than that. In the coming years, AI will be an important tool for everyone and we all will depend on AI for our daily tasks. So it’s safe to assume that SingularityNET platform will become one the pioneers in the field of AI technology.
They have planned many updates to their platform until the release of the mainnet of their platform. dApps and AI marketplace are in the alpha phase of the development and the Beta versions will releasing soon.
SingularityNET has an official GitHub profile where you can find all the development related information and the code of SingularityNET itself. They are also available on Facebook, Twitter, and LinkedIn where they are pretty active and they respond to every query any user throw at them. So finding the details about their project is very easy by just following all their social media profiles.
Overall the SingularityNET project has a lot of potential and it will grow as the team of SingularityNET is very talented and respected in the industry. They are one of the few who is in the development business for more than 20 years before starting SingularityNET. The AI field will grow day by day and it is one of the essentials for the future as our future will be dependent on technology more than anything else.
A quest to become the world’s largest decentralized financial institution is what Bread envisions. Bread’s popularity rapidly expands because of their unique service of allowing consumers to gain control of their financial accounts without the worry of security and reliability. This platform is widely utilized by over 1 million users in over 140 countries.
Bread’s mobile application enables users to store, send, and accept digital assets efficiently and securely by connecting its users crypto directly to the blockchain. They have launched the BRD token which allows premium services and functionality within the app in December 2017. It also has the first ever rewards and loyalty program for cryptocurrency users.
A Blockchain Powered Financial Service
As the internet and mobile devices dominantly conquered the world’s population, Bread took advantage of this trend to create a financial service platform aiming to develop the most reliable system.
Bread has a security and ease-of-use hybrid procedure to the “make it easy to use” issue. Their present technology is developed on the foundation of the bitcoin, with this being the most widely known blockchain. It is necessary to understand that Bread retains no digital assets, but is right connected to the blockchain, providing our users trust and security by not managing their assets.
What is the Bread Token (BRD)?
The Bread Token called BRD offers discounts and extra services when using the popular Bread wallet app. Bread is the first cryptocurrency wallet to give a loyalty and customer rewards program. In the competing cryptocurrency wallet market, Bread has obtained over 650,000 customers in several countries. The next step is incentivizing people to retain inside Bread’s ecosystem.
The Bread wallet is a free iOS or Android download and is very easy to set up. There is no registration or personal data required during the setup process. Upon downloading the app, users can import a Bitcoin wallet or generate a new one. If users create a new wallet, they’ll be given 12 words pass key that can be used to recover access to users wallet if in case lose or phone upgrade. If they decide to utilize another wallet, the 12 words can be used to generate the users private key and still be able to recover your Bitcoins. The keys are only accessible from the users’ device, so it doesn’t have vulnerabilities about Bread application getting hacked.
The sturdy and simple user interface has selections for sending and receiving Bitcoins. In the menu option, for some countries, there is the ability to purchase Bitcoin directly from the Bread app.
Bread Team and Development
The BRD team desires to allow both the buying and selling of Bitcoin through the app in many countries. There will also soon be supporting Ethereum and ERC20 tokens. Perhaps the most interesting feature would be the ability to purchase new ICOs through the Bread app with the BRD tokens. Below is their aggressive roadmap moving towards the end game of becoming the world’s decentralized bank.
The idea of money has developed over thousands of years, and yet there is still room for advancement. The promise of digital assets, global fluidity, frictionless, democratized has not been completely realized. Notwithstanding the proliferation of projects, billions of dollars of resources and years consumed in development, even the leading digital asset, Bitcoin, is still bothered by significant issues that limit its use.
Blockchain technology has introduced exceptional innovations distributed ledgers, decentralized trust, smart contracts, etc. yet has not changed on the basic principles that define money, nor has it created the trust of the public required to achieve popular adoption. Paxos Standard is intended to leverage the innovations of blockchain technology to enhance the function of money while being supported by a traditional infrastructure that can guarantee it is trustworthy. As a regulated trust company and financial organization distributing a token backed by U.S. dollar deposits, Paxos can give a token that merges the trust and stability of fiat currency with the use and immediacy of digital assets.
What is Paxos Standard Token (PAX)?
Paxos Standard, or known as PAX, is a token that is supported one-to-one by USD deposits and accessible through Paxos. PAX is accessible one-to-one in exchange for USD and redeemable one-to-one for USD. Upon redemption, PAX tokens are instantly removed from the supply; PAX is only in existence when the corresponding dollars are in keeping.
As a trust company established under New York State banking law and controlled by the New York State Department of Financial Services, Paxos works under governing principles of the highest standard. Unlike a bank, which utilizes client funds for its benefit and funding, a trust company serves as a fiduciary that custodies users deposits and hence will always hold customer funds wholly segregated. All dollar deposits are kept in FDIC-insured U.S. banks or being collateralized by U.S. government treasuries, and customer dollars are all valued for as customer property.
In other words, Paxos takes dollar deposits and distributes Paxos Standard tokens which can be exchanged, transacted and transferred quickly and without friction. Presently, the economy of digital assets is fluid, global and quick, yet faces significant roadblocks when trading in digital assets and fiat because of the inherent obstructions in the traditional banking system. Paxos Standard provides users the convenience of keeping their liquidity in digital assets while still maintaining stability.
Key Features and Advantages
● Paxos Standard tokens are distributed and redeemed by Paxos. As a trust, Paxos circulates PAX directly with no need for any middlemen. It allows more effective operations including shorter redemption windows (PAX can be redeemed for dollars within one business day) and lower charges.
● PAX can be sent and received by anyone with an Ethereum wallet. All activities work according to the rules of a smart contract on the Ethereum platform following the ERC-20 protocol. Because of this smart contract, transactions exclude human error, and the system functions only as programmed.
● PAX is accessible to be listed on exchanges around the world. Since the dollar supports it, it can be utilized as a proxy for learning the value of the dollar as contrasted to other digital currencies.
● The Paxos exchange, itBit, enable users to cash out of their holdings directly and directly to PAX rather than cash if they want. itBit also trades PAX OTC.
● PAX is available 24/7 to aid settlement against any asset that includes crypto, security, and asset tokens or for payments. Unlike fiat, which is only accessible to settle trades during bank business hours, PAX can move anyplace, anytime.
● Built on the Ethereum blockchain, PAX is a programmable token that can participate in the larger global community of tokens, helping create a global platform for programmable money with stability.
Paxos Standard tokens are intentionally designed with simplicity in mind. In exchange for USD 1, 1 PAX is circulated. Similarly, on the redemption side, 1 PAX can be redeemed for USD 1. The exchange will always be one-to-one. Because of this simplicity, the whole system can be written as a basic smart contract, ensuring that it operates under these rules in a programmed way.
As a smart contract on the Ethereum blockchain, Paxos Standard follows the ERC-20 protocol. Ethereum is a decentralized blockchain-based ledger that supports smart contracts; with over 100,000 smart contracts, Ethereum is the most widely-used digital asset platform. A smart contract is a combination of data and programmed procedures for working with that data. Both the integrity of the information and the fidelity of procedure executions are ensured by the distributed consensus protocol of the underlying Ethereum blockchain.
ERC-20 tokens are Ethereum smart contracts that follow a standard protocol for representing custom “tokens” on the blockchain. Specifically, the contract must declare a basic token characteristics, track the total number of tokens, track a token balance for each Ethereum address, and permit address owners to transfer portions of their balance to other addresses.
The benefits of an ERC-20 contract on Ethereum are:
● The security and availability offered by one of the largest global blockchain networks (Ethereum)
● Broad adoption by digital asset stakeholders such as exchanges, digital asset organizations, institutional investors and retail users
● A relatively simple and familiar smart-contract pattern
● Publicly verifiable token supply, account balances and on-chain procedures
Paxos is delighted to share that KuCoin, presently, one of the world’s leading crypto exchanges, has announced its listing to Paxos Standard token with ticker symbol PAX. The disclosure of the listing of PAX on KuCoin implies a growing and immediate demand for a regulated stablecoin.
Paxos issues and settles PAX tokens one-to-one against U.S. dollars, providing holders a digital equivalent of the dollar that can be transferred nearly immediately 24/7. Stablecoins are engaging to active traders who can utilize it to cash out of digital assets more swiftly than if they were to change to dollars. By using PAX, traders can be assured that they are using a coin that is controlled and supported by U.S. dollars held at U.S.-domiciled FDIC-insured banks. Paxos Standard, managed by the New York State Department of Financial Services, is the sole digital asset to be recognized and overseen by a regulator.
Deposits and withdrawals for PAX are open with three pairs BTC/PAX, ETH/PAX, and USDT/PAX. Users will also enjoy 99% off the trading fees on PAX trading pairs starting from Oct. 15, 22:00 to Oct. 22, 22:00, 2018 (UTC+8).
The sudden growth of cryptocurrencies and its advancement to become a division to consider with can be traced back to the blockchain technology that started it all. Cryptocurrencies surfaced as a prototype, but now, within this short time itself, cryptocurrencies are changing the way in which man and money interacted from the origin. Cryptocurrencies are here to stay and Because of blockchain technology transactions are now far secure. In such a time the cryptocurrency einsteinium has made its mark.
Popularly called as the EMC2, Einsteinium is a currency designed for raising money for philanthropic causes. It also raises money to fund many bleeding edge scientific research, advanced information technology research and cryptocurrency project. Einsteinium will shorten the distance between regular people and cryptocurrencies and will change the way the world looks at cryptocurrencies.
Now with this cryptocurrency, the Einstenium foundation is looking up to finance research projects in a monthly manner, the projects which will be funded are selected through election process conducted in the community.
Malden Trifunovic is the Chairman of Einstenium foundation, and also one of the board members. Malden is a regular crypto investor and a serial entrepreneur. Jonathan Lauziere is the treasurer and also a board member. Erick Calder is the Chief Strategist and also a board member who has thirty plus years experience in architecture and software developing. Rayan Wright is the project coordinator. Vladen Bozilovic is the information technology department leader.
Apart from the core, the team consists of people from all around the world. The central objective of this community is to make sure that the platform is entirely decentralized and accessible for anyone. The team consists of people from Taiwan USA Canada and many other countries. The team is completely dedicated to improving the entire infrastructure and foundation of the platforms that they use.
HOW DOES EINSTEINIUM WORK?
Einstenium has recently integrated their crowdfunding platform to the Einsteinium foundation. Einstenium foundation plays a vital role in reshaping and revolutionizing the scientific research community. Einstenium is based on an open source technology. EMC2 is already a vital organ in the Bitcoin community. THE EMC2 donates two percent to the research fund, and the fund goes to donation purposes. EMC2 is divided into epochs. Each epoch consists of thirty-six thousand blocks of coins. EEinstenium has about 730 periods.
Einsteinium has a lot going on now, they have released an array of products and improvements that they will introduce in the near future. They plan to introduce a web wallet for the users to contain their coins securely. The EMC2 mobile wallet is a lightweight mobile wallet that they plan to launch. The EMC2 me is the platform that they plan to introduce for the fundraising process. ‘ Weeee…’ will be the social networking platform of Einstenium. It is messenger which can send gifts including coins to surprise friends and family. You can buy EMC2 directly using credit cards in the superwallet. Finally, in the future, they plan to give Einsteinium awards for the distinguished in the science field.
As we said Einstenium foundation works to make funding for science projects. There is no other cryptocurrency in the world which is working as Einstenium does. Einstenium not only funds projects but also works for the betterment of the society. The users are not just going to gain finances but also contribute to the philanthropic vision of Einsteinium. As the company is booming, one who wishes to make money can invest in it, also funding innovative research teams with your small contribution.
The Modum leverage blockchain technology award-winning team is known for delivering great chain solutions worldwide. After starting off with the pharmaceutical as their pilot industry, the team will be aiming to roll out tailor-made solutions across several sectors over a period. It will be in line with their vision that is to improve all the planets main chain supply operations by using emerging technologies.
Modum ICO is working by sharing all its success with the public. It has Modum digital token that represents participation in profit and company voting rights. The Modum digital token was first launched during the Initial Coin Offering, and it can today be traded on chosen cryptocurrency exchanges.
The Modum Challenge
Supply chains speak to the systems amongst undertakings and their providers to create merchandise, disperse them and convey the completed items to clients. Store network Management (SCM) is the expert field which centers on creating and executing supply chains that are as effective and temperate as could reasonably be expected.
Organizations plan to upgrade their supply chains so they can pick up an upper hand in the commercial center, spilling out of the enhanced efficiencies and economies in their tasks. Be that as it may, inventory network supervisors confront numerous difficulties, on a continuous premise, to satisfy these targets.
In a regularly globalizing world, items should be moved over more noteworthy separations, and speedier, than at any other time. On account of the strategic endlessness related with expanded systems, it has turned out to be to a great degree troublesome – if absolutely feasible for organizations to, uniquely, claim or control the entire dissemination process.
In this way, dependence on outsider specialist co-ops and providers inside a similar store network is fundamental; each is concentrating individually, center skills. Be that as it may, the isolation of duty and control acquaints various dangers with the way toward moving items from their commencement to the last goal.
Furthermore, in the pharma business, such dangers are duplicated. Not exclusively do pharma supply ties need to battle with the key difficulties looked by every other industry – e.g., time, cost, security and following in any case, additionally tight controls encompassing the capacity and transportation of medications.
On its site, Modum completely clarifies the directions laid out by the European Commission for the dispersion and transportation of restorative items for human utilize. The real test postured by these tenets is the onus of confirmation, where pharma merchants are required to track, audit, record and report, among different stipulations, the temperature conditions which the pharmaceuticals were presented to amid transportation.
Fueled by blockchain innovation and the Internet of Things (IoT), Modum gives a store network answer for the pharma business, which guarantees statutory consistency, as well as noteworthy cost investment funds over the dynamic cooling techniques presently being used.
The Modum arrangement comprises of four, cutting-edge components, working in culminate concordance; a natural sensor gadget, a cell phones (application), an investigation dashboard and savvy contracts on a blockchain.
Modum’s sensors are completely programmable gadgets which are incorporated with every shipment of pharma items. They are designed by the client as indicated by the scope of natural components to be estimated and enacted toward the beginning of the adventure. From consequently, the sensors track and record the conditions –, for example, temperature variances which the shipments are liable.
The Modum mobile application permits coordination groups to interface and actuates sensors rapidly and proficiently. It likewise allows the accepting party – be it the following production network accomplice or the client at the last goal to perform quick information readouts, without opening the bundle, when the shipment contacts them. The application additionally takes into consideration simple joining of the Modum arrangement into existing coordination activities. By filtering the sensor’s QR code and the bundle’s following number, the sensor is associated easily with any package, while the caution criteria are set remotely.
An investigation dashboard permits coordination groups to program shipments, likewise to pick up an abundance of bits of knowledge concerning the following and survey of the committal all through its adventure, by methods for mass examination, or particular separating. It additionally allows quality affirmation groups to pre-design settings for particular items and encourages mechanized reactions by the program, for example, warnings, item returns, or reshipments on account of deviations.
The savvy contracts – which are incorporated into the Modum arrangement, secure the coordination information of relegation with decentralized blockchain innovation, wherever on the planet the shipment might go at any given time. Bespoke directions, pre-coded into the keen contracts, can likewise incite activities inside the store network, for example, the programmed activating of particular coordination forms, as and when the shipment achieves determined stages en route. Pharma customers especially, utilize Modum brilliant contracts to store temperature edges for their items in travel. If temperatures outside of these points of confinement are recorded, a notice is sent to the sender and the collector of the relegation. Brilliant contracts additionally make secure, changeless and auditable records of shipment conditions to meet client and governmental interests.
To raise capital for the reasons for creating and putting up the Modum answer for sale to the public, the Company offered its own particular MOD crypto token – of the Ethereum ERC20 type– available to be purchased amid an ICO which kept running from 1-22 September 2017.
Holders of the MOD token are qualified to take an interest later on benefits of the Enterprise, likewise to vote concerning Company matters.
In the MOD Token Overview distributed on their site, Modum reports that, of the aggregate token supply of 27,266,200 MOD, 64 percent were sold amid the group deal. The rest of the 36 percent is secured a keen contract; to be discharged upon future, open voting, concerning the issues determined in the outline, and after achieving the turning points characterized in the Company’s whitepaper.
After its ICO before the year, MOD exchanged at $0.48. It presently exchanges at $6.70, a significant development in esteem, over time of roughly three months.
The Team and the Partners
The Company, modum.io AG, was established in 2016 and portrays itself as a tech startup, creating frameworks to enhance store network forms by consolidating the best of blockchain innovation and IoT.
As it is situated in Zürich, Switzerland, a problem area for fintech and cryptographic money development, and Basel, a European pharma center point where Novartis and Hoffmann-La Roche are headquartered, the Company trusts that it is splendidly situated to put up its innovative answer for sale to the public.
Modum is under the appropriate administration of its CEO, Simon Dossegger, who holds a Master’s degree in Robotics; the COO, Dr. Stefan M Weber and CTO, Sacha Uhlmann. Whatever is left of the group, top managerial staff and warning board, comprised of, among others, two teachers, two specialists and a few other profoundly qualified industry experts and scholastics, of whom a full depiction is given on the Company site.
Amid 2016, Modum won the major prize, out of 850 new companies from 40 nations, at the Kickstart Accelerator challenge later on and developed innovations class.
Modum speaks to a cutting-edge arrangement, and extraordinary business utilizes case for the standard, headstrong production network challenges, particularly in the pharma business.
What’s more, over that, with the approach of mail-arrange, online drug stores, where solutions are conveyed particularly to the end-user, it is evaluated that an extra 20 million pharma shipments every year, will happen in the EU alone. Profoundly established in bleeding edge blockchain innovation, where decentralized control, self-rule, and permanence are the key foundations, the Modum-arrangement guarantees an incredible view to the extent the difficulties of current, and future, pharmacy dispersion coordination is concerned.
The substantial factors are additionally supported by an honor winning administration group and ideal market acknowledgment of the Modum idea, which is obviously shown in the admirable value execution of the MOD token in open cryptographic money markets.