Since the emergence of cryptocurrencies, Blockchain technology has become a regular trending subject worldwide. Now that this technology is disrupting almost all industries, it changes the way businesses systemize their processes, making developments easier with stability and full security.
With blockchain’s continuous evolution, WaykiChain, a rising technological solution aims to develop the blockchain 3.0 commercial public chain to create a new business model in modern society.
What is WaykiChain?
WaykiChain is known as a public chain platform similar to Ethereum and EOS. It fully integrates the advantages of blockchain’s decentralization, irreversibility, and fairness features.
The platform is committed to building a brand new and strong underlying system of Blockchain 3.0 from Bitcoin and Ethereum’s technologies. WaykiChain strives to implement enterprise-level blockchain infrastructure and industry solutions, advancing the usability and applicability of the entire blockchain industry by combining blockchain with traditional industry’s applications.
Waykichain will completely subvert three traditional industries exemplary of several hundred billions of dollars that includes the financial sector in terms of the assets trading and distribution methods, the foreign currency exchange business in terms of the acceptance method, and the betting industry in terms of the old and tedious business model.
It advances the traditional prediction industry by providing some essential functions such as:
– Crypto-pegged coins can be utilized as chips in predictions
– Everyone can be a bet builder.
– Anyone can build and share their own “prediction room.”
– Users can bet data on the blockchain
– Users can create and launch prediction apps with a SaaS platform.
WaykiChain’s Technological Solutions
WaykiChain has several technological features in its whitepaper. The most important of those are:
WaykiChain is a platform that supports Turing devices with its smart contract. It utilizes DPOS consensus mechanism, sets up 11 voting nodes, and produces a new block every 10 seconds. The guaranteed transaction speed can reach 1000+TPS based on the calculation of the WaykiChain Team.
WaykiChain has 11 accounting nodes and adopts DPOS consensus mechanism. Every block generated, each accounting node is selected according to the random perturbation algorithm from the 11 nodes with the most votes. Then the accounting node receives all of the transaction handling charges in its accounting block. When a user locks his WaykiChain coin (WICC), he will earn corresponding votes. Each vote can be cast for 11 candidates at most. Voted users will be given corresponding interest.
WaykiChain applies its sidechain technology, which allows the applications based on WaykiChain to have their own sidechains. Sidechains are mutually exclusive and can set up their own consensus mechanisms, sidechain assets, and block generating intervals. Users will be expected to download corresponding sidechain data only when utilizing specific applications.
WICC is the native currency of WaykiChain. It is used in engaging in platform operations. The team advises users to store their WICC tokens in the wallet created by WaykiChain. The WICC tokens can be traded mostly with BTC and ETH on several exchanges, with two exemptions, INR and BNB.
To purchase WaykiChain (WICC), users must first have some BTC or ETH and trade them on the exchanges that promote the coin.
WICC is available on Binance, KuCoin, BCEX, Huobi, DragonEX, ChaoEX, Bitbns, and Hotbit. For further information and update for WICC’s availability on new exchanges, check out CoinMarketCap.
The DApp Funding Program
WaykiChain has launched a decentralized application (DApp) funding program to incentivize developers and supporters to build applications with real value. They expect that more and more developers from all over the world to co-build WaykiChain ecosystem. Supported by their team’s strong technological capability, they will contribute all-around support for developers and help them to develop DApps on WaykiChain and make sustainable earnings.
– 1.5 Million USD Incentives
– Up to 15,000 USD Incentives for One DApp
– All-Round Support One-Stop Service
– Million-Scale Media Exposure and Traffic
– High Revenue and Return Early Bird Benefits
– Continuous Incentive for Re-development
The WaykiChain Team
The WaykiChain team is comprised of industry-renowned developers who have had successful project experiences, as well as seasoned operators and specialists who have been involved in the target industry for many years. The team is focused on the blockchain industry and endeavors to develop infrastructure and landing applications. The WaykiChain team now has blockchain research, technology, and business team of around 90 people.
The team is led by the Founder and CEO, Wayki Sun. He was one of the earliest entrepreneurs and investors of digital currencies in 2013 and is recognized as the Godfather of Dogecoin. He has also founded Oulu Crowd Funding as well as the president of Hurricane Digital Assets Management Co., Ltd.
Valentina Chai as a former senior manager at a leading security company based in China is engaged for WaykiChain’s strategic development and management. Tony Chau, Chief Operation Officer, is another team member with broad experience and expertise in commercial operation models and finance.
With the emerging blockchain based platforms today, WaykiChain is among the most prominent and stable projects based on their technological journey and development. Their newly launched DApp funding program is a fair and generous offering to aspiring developers who want to contribute to WaykiChain’s success. More than that, this will inspire every talent focusing on blockchain technology to pursue its skill to the next level.
Aside from that, WaykiChain’s aim to become a modern and efficient application for businesses today is an exceptional approach to make the world informed about what blockchain technology can contribute to the world.
WaykiChain indeed will revolutionize every industry by means of a more developed blockchain technology.
Join WaykiChain’s Growing Community:
What is Cryptonex?
Cryptonex is a cryptocurrency based platform which is developed on its blockchain technology. CNX token does all type of trading in this platform. Users those are associated with this platform can exchange this token for any types of Fiat currency as well as in other digital currencies. Their goal is to offers users instant exchange directly from their credit, debit cards, and other traditional payment systems. In this platform, you can exchange currencies with the help of their app for both Android and iOS with very negligible transaction fees.
The currency of Cryptonex is based on PoS system where every user can earn more and make a profit by mining and as well as by completing a successful transaction. Unlike from other blockchain systems which you might be familiar with runs on ERC20 standard, but Cryptonex has its blockchain platform and technology. The whole system is developed in open source programming language. To offer users account right cryptonex and CNX is used. Not only they deal in trading them also provides users to buy goods and services with the help of their currency directly from the web as well as from your smartphone. Blockchain technology is a very successful technology regarding security and coverage. Blockchain technology is now trending, and both common users and companies can have massive benefit from this technology. Blockchain technology is introduced to overcome some significant drawbacks on the traditional system. With the same technology and system, Cryptonex came with an innovative approach to make the trading platform more effective and simple.
This project is developed by a globally renowned financial investment group those who are expert and specialize in the development of software related to finance.
Features of Cryptonex
• They deal with maximum types of Fiat currencies. All its users can easily deposit and withdraw Fiat currencies like USD, EUR, BRL, RUB and GBP through any of the payment method systems as e payment, perfect money, Peyeer, and Advcash.
• Transaction fee for trading is low as compared to other platforms in this blockchain system. They charge a minimal amount as fees ranging from .10% to .20%.
• The interface of this platform is safe and user-friendly that let users with the minimum technical knowledge to handle easily.
• If you want to deposit Fiat or cryptocurrencies on this system, then they will not take any type of charge or transaction fees from their users.
• They developed an app for both Android and iOS platform reason which trading becomes more comfortable and flexible directly from the smartphone.
• They come with full web and mobile solution. The whole interface is nicely designed and developed which shows all details of transaction, trading and many other graphically with the help of the chart.
• They also offer P2P service on this platform which is another significant advantage for its users.
• They have many program and option which are available for all users to earn some extra profit. You can earn buy its PoS mining. You can also earn by purchasing CNX and even by transferring it on your wallet.
• Cryptonex system also offers many rewards s and bounty program to their users to have some more profit from this platform.
• In this year 2018, they launched a p2p service where users can sell and buy digital currencies among others in this platform. In the whole process, Cryptonex is the legal transaction guarantor.
Services from Cryptonex
They offer different types of services and possibilities to their users which are listed below. Check all its facilities in details.
1. This platform supports all major cryptocurrencies and day by day they are adding all different types of digital currencies. As here users can get benefits of instant currency conversion, so it saves time, and the Cryptonex guarantees every type of conversion. This application shows the price of the token in both FIAT and cryptocurrencies so that users can choose as per their requirements. They are going to introduce Hardware wallet soon to ensure secure conversion during large scale of currency conversion.
2. It is listed on the exchange’s platform in the year 2017, and they now collaborate with currency exchangers like Ethereum and Bitcoin. They in the upcoming days will add all long-term and growing most popular digital currencies in this platform.
3. Here in this platform users can connect with third party miners which will offer then extra profit and reward which will automatically get stored in their wallet from where they can directly do shopping.
4. Those who want to integrate Cryptonex platform on their website for any purposes can use their API. Like all types of trading and exchanges instantly completed so a user can get their funds directly to their account or virtual cards from where they can do transactions.
5. For quick and secure trade and payments, they develop and introduced a web wallet and contactless payment system on their app for both Android and iOS platform.
6. Protection and security is an enormous challenge which they managed by their own security algorithm Scrypt. This algorithm protects and keeps data safe of all types of transaction in this platform from any kind of hacking and data loss.
Cryptonex CNX Token
Recently users can have CNX token in Ethereum wallet, and when those token are on airdrop, then those token can be traded for CNX. They decided to keep the creation of coin in a limit of a number around 210000000. From the total number of CNX coin 85000000 coins are held for circulation and remaining 15000000 CNX will be used in future for Cryptonex reward and bounty program.
In Cryptonex bounty program, users can earn CNX as a reward for sharing a post on the social network and as well as on the forum. Users will get 1 CNX for every single post and also if their posts have more than one active links directly to their official site then that user will get 2 CNX. Users can also earn CNX through its referral program. For every referral, they will get CNX and even 20 % profit when their references buy CNX token. They also keep bounty program for users those can write contents in a different language for different countries. Recently the price of 1 CNX in terms is the American dollar is $ 2.4531374. The price of CNX is gradually increasing which shows that users will have more benefits in the upcoming days.
They launched an ICO in September 2017. Their fund raised by around 17 million dollars from their 5000 users. They supplied 210 millions of coins and distributed in a different sector. 85 millions of CNX token are sold during is ICO pre-sale phase.15 million of CNX is kept reserved for bounty and reward program. 100 millions of CNX toke is in reserved for liquidity of currency exchange, and the remaining 5 million are reserved for their team members.
You can buy Cryptonex CNX from Yobit or HitBTC. To store Cryptonex, you can you can use your mobile Cryptonex app and also their web version which will save CNX directly on your desktop wallet account.
Cryptonex is in the news today as they have reduced the price of their commission. They recently launched their platform in many other languages like Hindi, Arabic, Vietnamese, Portuguese, Turkish, Russian, Chinese, French, Spanish and many other languages. They also clarify in the news that their P2P platform is developed and going to launch in a few days.
How to Buy Cryptonex CNX
To buy CNX, you need to first create an account directly from their official website. You need to register by offering some details, username, and password. When the registration is successful, you will receive an email link. Open your email account and click on the link to activate your Cryptonex account.
- Now sign in to the wallet with the help of your username and password. After login to buy CNX transfer Bitcoin or Ethereum to the wallet.
- If you want to buy Fiat currencies then first you need to first login to the Cryptonex wallet. You also need to register any of the three payment systems which I have mentioned above. After registration, you need to do with your KYC procedure. After successful KYC you can transfer money directly from your bank account to the wallet.
- Trading and digital currency exchange become more comfortable and straightforward with the Cryptonex decentralized blockchain ecosystem. It comes with an innovative thought which runs on its blockchain technology. First, it started to offers service on desktop version but gradually as technology getting advanced they make their application available for Android and iOS. With the help of the app, you can buy and transfer CNX, cryptocurrency and Fiat currency. For its simple and easy steps to covert and to exchange cryptocurrencies, they acquire a huge response from their user. Might they come late in this blockchain technology but within a short span of time they have got a positive rating from many brands those are on top in this digital currency platform.
What is DigiByte?
DigiByte is considered as a public, fast-growing and highly decentralized blockchain. It is a digital asset that cannot be destroyed, forged or hacked, making them ideal for guarding objects of value like currency, data, property or important digital information.
DigiBytes can be transmitted over the DigiByte Blockchain and forever marked on an immutable public ledger that is decentralized on thousands of computers all over the planet.
How Does DigiByte Works?
DigiByte at first glimpse is another digital asset that subsists on its own decentralized public blockchain. It successfully claims to be “the world’s longest, fastest and most reliable UTXO blockchain in existence.” It was built as a superior option to Bitcoin, thinking a faster, more secure cryptocurrency that reaches a broader community. The blockchain is expanded over more than 100,000 nodes, endeavoring for the final level of decentralization.
Whereas Bitcoin’s regular block time sits at 10 minutes, DigiByte’s 15 seconds gives users just enough time to open devices. The project has an imperative need for speed, with the block time doubling every two years – efficiently turbocharging the network’s number of transactions per second with an unbelievable projected rate of 280,000 p/s in 2035. DigiByte’s current scale of 560 p/s already overshadows Bitcoin’s 7 p/s.
DigiByte’s peripheral concern was to bridge the gap between gaming and digital currencies, with players being compensated in-game with the DGB token. Things started with a bang, with DigiByte adding many integrations with games that include Minecraft and League of Legends. After giving out millions of tokens, the team shut down DigiByte gaming in May 2017 after severe technical issues.
What makes DigiByte More Secure?
The DigiByte blockchain is spread over 100,000+ servers, computers, phones, and nodes worldwide.
5 Mining Algorithms
DigiByte utilizes five secure and exceptional cryptographic mining algorithms to stop mining centralization compared to single algorithm blockchains.
Advanced Difficulty Stability
Difficulty regulations protect a blockchain from several forms of malicious attacks. By designing and executing DigiShield & MultiShield, DigiByte has the most advanced complexity stability of any blockchain in the world today.
What makes DigiByte Faster?
15 Second Blocks
DigiByte has the fastest block speed of any public UTXO blockchain in the world presently with 15-second block timings.
Early SegWit Implementation
Segregated witness acknowledges for several innovations to occur on top of the DigiByte blockchain such as cross chain transactions and single authentication transactions.
DigiByte transactions, unlike other transactions on other blockchains, are limited in size and range to increase speed, efficiency, and throughput. Most importantly this preserves security.
The DigiByte Team
DigiByte’s reliability rests on the shoulders of Jared Tate. While Tate has an important presence both in the physical and online world, the DigiByte project is not similar to Bitcoin in the understanding that it’s an open-source project.
The team is comprised of dozens possibly more of contributors worldwide. While the idea of an open-source venture is commendable, the implementation of such a project is complicated. Almost every sustainable, successful cryptocurrency has a well-documented team composed of experts from a diverse range of industries at least; these are the projects that draw corporate partnerships and public adoption.
That said, the “team” is available across its broad array of social media channels such as Twitter, YouTube, Facebook, and more.
The blockchain technology has positively presented great promise of service for multiple applications, over many areas. But, despite the potential, we have still to witness a new generation cryptocurrency achieve mainstream mass adoption on a global scale.
There is an arising demand for cryptocurrencies, although, cryptocurrencies are only at 0.5% adoption globally. A strategically created cryptocurrency that can scale and maximize value for the world serves a welcomed alternative at this instant in time. Right now, top cryptocurrencies don’t have all that it takes to attend this need.
What is Energi?
Energi is the cryptocurrency for world adoption. It aims to accomplish this by fostering a self-funding and governance system, understanding and innovating the most advanced technology in the space that includes full smart contract capacities, and infinite scalability. Moreover, by eliminating the cryptocurrency space’s current restrictions to admission, Energi will become the most user-friendly, reliable and trusted platform for building and trading value.
The Value Propositions
Energi is a self-funding cryptocurrency that envisions to bringing mass-adoption of cryptocurrency. It highlights a self-funding treasury system and will ultimately evolve into a
smart contract platform.
It is self-funded by the treasury emissions, which support for the long-term development of the technology platform. The Treasury has one of the most significant percentage allocations in the space. This treasury funding admits for a viable long-term model that will advance the technology and the community.
In an organization with self-funding, a strong governance model allows Energi to bypass the pitfalls and magnify the successes of its predecessors, making community-driven choices that will maximize scalability and also drive global adoption.
Out of the want to raise a fair and stable cryptocurrency ecosystem, Energi preferred not to organize an Initial Coin Offering (ICO) and to not pre-mine any NRG. It served to reduce the centralization of the Energi network.
Smart Contract Platform
Energi’s working blockchain system, and with NRG currently traded on \different exchanges and just recently listed on one of the leading cryptocurrency exchange globally known as KuCoin. Energi’s blockchain development team is in the process of developing a smart contract platform, to moreover drive network effects that will support global adoption.
Energi Coin Specifications
Block time: 1 minute.
Hashing Algorithm: EnergiHash (ASIC-resistant).
Masternode requirements: 10,000 Energi.
Treasury cycle: Every 14 days.
About 1 million Energi is released per month.
The allocation can be recognized easily as “10/10/40/40.”
10% to the Energi Backbone
10% to Miners
40% to Masternodes
40% to the Treasury
The Energi Team
Energi joins strong practices from all connected realms to build out a truly world-class and top-level cryptocurrency platform. Its core team honors from remarkably strong backgrounds in Cryptocurrency, Finance, Economics, Marketing, and Development.
Energi is lead by their CEO and Chairman, Tommy World Power. He is a respected thought leader and educator in blockchain & Cryptocurrency community. Founder of the Energi vision and had organized teams of high-quality developers.
Ryan Lucchese managed the day-to-day operations and heads the development team. He is Energi’s President and people-first approach to technology while leading by example.
Other important members are David Doss, the VP of Marketing, and Carolyn Seet as the VP of Operations.
Advanced technology is climbing success at an extremely fast pace. One of its remarkable developments is the growth of blockchain technology which had stimulated most of the finance industry today. Because of the visible and broad scope of benefits, it is now used in numerous kinds of applications.
Blockchain Technology – Definition and Understanding
It is a distributed ledger that can accurately document history transactions made in the middle of 2 parties. Records are lasting and showable. The term is also defined as the growing record lists (blocks) which are protected through cryptographies. Every block has cryptographic transaction information and date or time details of the previous blocks. It is designed to be a data modification resistant.
One can integrate this technology into any projects. All they have to do is identify what kind of service is needed. After that, obtain a blockchain program or hire software engineers and experts to apply it.
How safe blockchain is?
It comes in two kinds – the private and the public blockchain. In the latter, everything is transparent. Anybody can view the recorded transactions and bring out the aggregated transactions. On the other hand, private blockchain is mostly used in contexts regarding finance. It gives the full control to the operator on who can present, see and confirm the transaction ledger. One of the primary things to consider before creating private blockchain is the system’s architecture. Operators can authorize someone to work a node and can manage how nodes are linked. The more links, the faster information are obtained.
No one can influence blockchain transaction records. Manipulation is not allowed. It is the main reason why most of the projects and businesses today have integrated into blockchain technology. It is proven beneficial to the industry.
Blockchain- Benefits and Uses
Blockchain technology gained popularity and success not because of luck but because of the positive results that it consistently provides. It can also be used in different applications like data storing, voting, sharing electricity, monitoring supply chains, paying fees or salaries, lending funds, buying goods, transferring money and many more. Cryptocurrencies and market exchanges usually based their system on blockchain to attain incorruptibility feature. One more important advantage of utilizing blockchain is the accessibility. Anyone can easily access all the significant data or information stored and displayed publicly through blockchain.
Private blockchain offers faster network communication and transaction verification. It can limit admittance and reduce cases of evil intentions or actions against the system. It can fix malfunctions and reverse transactions.
Blockchain has an extremely high application in the global industry. Almost all fields and areas at this current time are affiliated with this technology. It can be in finance, investment, education, banks, medicine and in everywhere. Remarkably, the demands for blockchain are increasing each day. Everyone seems to be aware of the positive results and broad benefits that it can convey to businesses, especially to humankind.
Modern technologies have brought innovative improvement to the advanced world. The blockchain technology is undoubtedly one of its most incredible progress. It has fueled some of the companies and organizational processes today. And, because of its noticeable benefits, it became the central concept of various industry fields. Blockchain gained the excellent reputation as the foundation of the growing global commerce.
Facts regarding Blockchain Technology
It is an open ledger which can record the full history data of any transaction precisely and accurately. The whole blocks are permanently and everlastingly recorded. It is hugely protected and will remain touchable to no one. All projects that use blockchain technology can assure safe connections and transactions.
Those companies that need blockchain applications can add the technology into their system. After identifying the suitable blockchain to use, companies should get the perfect blockchain program for the network. They can ask experts in software engineering to apply for it.
Tasks that practice public blockchain will be very transparent, and everything will be shown visibly. It provides an accessible platform, and everyone can read all the transaction details. It is perfect for companies that aim at delivering open but secured structure.
On the other side, projects that utilize private blockchain can have a more controlled and more managed transactions. It is ideal for finance areas. This kind of blockchain will enable the operator to regulate the blocks. They can choose who can contribute, view and validate the ledger.
How does Artificial Intelligence changes blockchain?
The blockchain is undeniably powerful and beneficial. However, just like everything else in this world, it has boundaries as well. Through machine intelligence, everything is possible, and blockchain can go beyond its limits.
Efficiency Matters: AI can help companies (those based on blockchain) in reaching the highest possible efficiency. It will also provide them with a faster transaction rate while reducing process expenses.
Privacy Features: It paved the way for competitive advantages of the blockchain. Businesses can easily give their users private data ownership.
Hardware: Most individuals and companies today allocate significant volume of finance in hardware mechanisms. Once the network becomes more active, some part of hardware may be changed to neural network usage.
Security and Protection: It will be hard for everyone to hack blockchain’s applications. It can guarantee a protected and secured system.
Scalability: AI helps blockchain have an increase in done transaction counts in every second. AI introduces merged learning scheme to Blockchain for more good results.
Energy consumption: Some of the processes that make use of block technology requires a large measure of energy to be accomplished. AI can efficiently optimize energy consumptions resulting in lower investments costs or expenses.
Data gates: Time will come that blockchain will run all the data necessary for companies’ daily processes. Machine intelligence will make this possible.
Blockchain technology can deliver a beneficial, transparent, open, secured, protected and stable system. Its records are all safe. No one can manipulate the track history of transactions made under blockchain.
Blockchain enables healthcare industries to exchange information in standard form, to automate multiple methods and to use Artificial Intelligence over huge medical data storages. Also, it consents any patient to trade their data in change for reward.
Services for shipment and finance have already applied blockchain technology for years. It increases their safety and effectiveness, reduces expenses and enlarges the scopes of services. With the good results, the industry of medical and healthcare will soon adopt the same technology as well.
Essentially, this technology of distributed ledger serves as the future generation to redesign the interoperability. Experts believe that by year 2020, the twenty percent of healthcare orgs will move further than preliminary projects and will apply blockchain on areas including patient identities and operational managements. Its interoperability may reinforce the transmitting of information while acting as a substitute on current health data exchange. Fundamentally, it serves as the network that transmits an actual and safe patient info to health care provider, pharmacy, insurance payer and medical researcher.
Though other industries have moved already from trials to real production system, the healthcare adaptation has been decelerated by nascence, regulation and safety issues of it. Other influential matters are harmonization of data and the availability of blockchain resources.
The Dep’t of the Veteran Affairs in United States is known for early technology deployment and for quick EHR-Electronic Health Record adaptation. Like others, it has been also late and slow in getting connected on blockchain technology. The Information Technology Department of the agency published last year a research paper about blockchain’s qualities and susceptibilities. It emphasized more on the used cryptographies in protecting and in securing communication in between different parties.
It makes sure that all members will see the significant portions of the ledger. Moreover, it ensures that every transaction is always verifiable, authenticated and secured. The research study noted that on permissioned blockchain, participants must enroll first before they will become allowed in adding and reviewing any records. Up to now, VA still needs to test blockchain on substantial healthcare systems. However, only a little number of healthcare providers begins considering the application of this technology.
Harmonization and Management of Data
Insurance company, pharmacy and healthcare provider have some interoperability on their network yet, they also have high possibilities of penetration and success. It enumerated natural inadequacies like standard interoperability limits, data blockings, work flow and rule or strategy variances of entities and technology necessities.
Carequality and CommonWell Health Alliance are the 2 top performing HIE of the world. The first one is a collaboration of private-public to form a mutual interoperability framework while the latter is an association for trade that works on interoperability of healthcare record. Both have successfully established a strong industry foundation primarily for exchanging data with EHR v’ndors’ support.
According to IDC research director Mutaz Shegewi, it will facilitate a limited query-based form of data exchange. Mutaz was talking about the capability of searching information online about any secured patients. Of course, there are still limitations on the counts of who can do healthcare data exchange.
Shortcomings are complicated however; it usually started from lack of frameworks, protocols and standards on integrated data which could expand healthcare industry. The major challenge is on the diversity of EHR system and interface, data resource and consistency in workflow.
The Blockchain as a Good Source of Truth and Accuracy
It is a digital yet transparent ledger. It can be shared on all permitted group of different users. In addition, it allows anyone to view the in-time data. With the help of all these features, blockchain can enhance the patient info search around an extensive spectrum. Also, it can influence the API compatible and open FHIR- set of standards available in all EHR to unite permanent medical records from many EHR providers. The FHIR edge is positioned also at the core of Apple’s latest health records- a mobile app that permits any patient to put their data in from different EHR systems.
Blockchain can hasten the distribution of clinical info. On the same time, it may use FHIR to regulate patient profile, data format while securing indexes at code level. It does not actually leverage the process data is being taken to the upper level. It is the framework and the skeleton itself.
Blockchain technology can also act as a supporting role in different areas. It enables a shared stat on clinical trial, population health, professional credential, remote audit and claim settlement. It does not just save events like patient diagnosis, treatment or medical prescriptions, but records them permanently and unalterable. With this, further info points are encrypted but the prior entries are still unchangeable. Truly, it gives way on achieving interoperability of any fields. As a better record of data, it is expected to be a more distribute accessible and permanent system.
Everyone must know that success and development don’t happen in just a snap. It takes time most especially in a very sensitive and crucial industry of healthcare. Information of any patient should always be handled carefully and protectively. The healthcare completely embracing blockchain as its central technology could mean a long term process. It will take more years before it can fully adopt.
As we can observe today, everyone is passionate and interested on blockchain. Adapting to it is actually a problem no more technically.
The blockchain has the ability to make a not broken data entry chain and to get data securely by means of cryptography. It has a big advantage in terms of privacy and efficiency. Another reason why blockchain is important and a must apply technology is that, it can build more kind of systems based on clouding.
Some of the huge technological players including Microsoft, IBM, Google, Apple and Amazon are aggressively betting on healthcare and blockchain technology application.
Smart contract Automating Manual Process
Other than addressing interoperability problem, blockchain can release value from the current unmoving, stored healthcare data sources by acting as smart contract. It will automatically transfer the data of a patient from one doctor to another in case the patients see different physician.
Aside from data transferring, contracts will automate treatment payments after healthcare insurer, patient and provider agreed that a certain treatments have been completed. To have an open platform that uses standard model data is a good thing. It can solve the blocking of patient data normally present in EHR system.
Rewards for Every Shared Health Data
Moreover, blockchain can give the controlling of health data on patients themselves. One more benefit is the use of cryptocurrency. Patient can receive crypto tokens as a reward for sharing data.
Medicalchain produced an EHR ledger based on blockchain which can be used by anyone concerning it. Ever since the HITECH Act of 2009 (industry is required to adopt EHR), the data exchange between distinct vendor platform, physically distributed facility and unrelated medical institution have upgraded a lot. However, transparency of data has not.
According to Mayo spokesperson, the company will discover and search more possible advantages of blockchain in the field of health caring. They will focus on bringing effectiveness and strengthening protection every transaction. The contract with Medicalchain has been approved. How blockchain technology works should be in consideration as well.
Blockchain technology is now revolutionizing the stock market trades worldwide.
Truly, this kind of technology has now essentially reformed the future of record storing, chain managing, finance or money handling, and etc. It supports Ethereum, Bitcoin and most of digital currencies today. Aside from the significance to crypto, it has a wide prospective of changing trade stock marketplace and the means of storing and transmitting financial data all over the world. Blockchain is a promising technology in the world of stock trading. This is a real sign that it indeed has the aptitudes of influencing stock markets globally. It can leave a huge impact on stock industry the way it can influence crypto currencies.
Some of the largest stock companies nowadays have begun applying it or started appointing commissions to conduct a feasibility study for its future use. Some of those are New York Stock Exchange- Nasdaq, Securities Exchange Board from India, Deutsche Bourse and Tokyo Stock Exchange. They are, same with other projects have adopted the idea of recording distributed blocks. It is expected that after a year or two, the number of company utilizing blockchain will go doubled.
How can blockchain technology leverage the current stock markets?
Possibly the greatest benefits it can do to stock trading is the fast settlement of trade. People clearly know that all stock regulator, broker and trader suffer from complicated and costly stock market processes. Usually, a single transaction requires three or more days to completely finish. It is primarily because of the part of regulatory process, trade operation clearance and intermediary. Additionally, it can actually produce a more operative stock exchange using decentralized and automated technologies. It can help on settling stock trades and can contribute on its future processing. Also, it would be very beneficial on raising funds and managing resources.
It is an effective way to monitor systemic risks, to finance margin, to settle trades and to track security lending. Furthermore, it is expected to decrease the expenses imposed on consumers and if used properly, it can fully end the requisite for a middlemen. The principal tasks of finance services are verify and transfer financial data and assets. These are closely parallel with central transformative effect of blockchain. This is somehow the strategic value found beyond it.
Most of the actual shortcomings and difficulties present on financial trade and cross border payment in particulars, can be answered by solutions built on blockchain. It could lessen the total count of needed third parties and intermediaries.
Furthermore, the funds they can save could be really relevant. According to Oliver Wyman’s report titled as Blockchain in Capital Markets, operations and information technology expenses in capital market are presently close between a hundred and one hundred fifty billion dollar every year among banks. Security and post trade service fees are approximately of $100 billion.
Nasdaq as one of Blockchain Early Adopter
Nasdaq is known for its early adoption of blockchain. It actually belongs to the list of the first market exchange to embrace the power of bitcoin technology. This firm based on New York works at the meeting line in amid of technology and finance. It enables investor to safely direct finance market on a universal scale and connect the usefulness of blockchain technology. Linq blockchain ledger technology is used to keep private data transactions.
Many investors know Nasdaq market for its traditional financing. However, since year 2013, it also became an industry lead in improving state-of-the-art security transaction procedures.
It is one of the early explorer and incorporator of blockchain technology applications. Way back year 2015, the company declared its first non-public security transactions utilizing blockchain technology. For the record, Chain.com was the earliest client to have the service of Nasdaq’s very own Linq ledger platform. It also released a number of blockchain related directories which are the potentials of tracking companies.
As they say, no things are made flawlessly and so is blockchain. Despite of the many good and impressive traits, blockchain has some minor inadequacies in terms of stock market. Just like anything else in this world, it also has imperfections. There are possibilities that it can create regulatory and legal issues that finance industry, regulator and even government need to overcome. Blockchain applications can actually carry out threats on the security and scalability standard of a certain project. For an instance, Shenzhen Exchange of China has had to remove misleading companies that associated themselves with blockchain though in reality, they are not.
China has visibly adopted blockchain technology although the country banned any kinds of cryptocurrency until now. As a matter of fact, Chinese companies lead the innovation of blockchain. And just recently, June 03 to be exact, China Central Television held a show that focused mainly on this matter. On the show, China told that blockchain is ten times more treasured and more important compared to our present internet.
In spite of the increasing difficulties that are unavoidable with any kinds of technology like blockchain, it is justifiable to expect this technology to track the same development path of the internet from day one of creation up to present. Truly, only the tough one can last. Most experts are certain that it can be the head of the whole technology in the future.
On Reality Shares, it has the skills of reinventing government, society and company in a positive way. It can deliver the best investment opportunities for investor who can classify the real veracious companies. You can understand more of the dividends growth and investment method related to blockchain through their official website- realityshares.com.
Reality Shares was co-founded and lead as CEO by Eric Ervin. He has led this firm from being wholly focused on dividend growth technique to being a pioneer and setter in the investment world of blockchain technology. With Eric guiding the team, the project has released the first ever submissive ETF concentrated on the international ecosystem of blockchain. Also, it will soon introduce the blockchain ETF which focuses on China. Ervin is a recurrent commentator about blockchain on CNBC.
What is Ulord？
Ulord is a project focusing as a peer-to-peer value transfer public blockchain. By building its blockchain underlying architecture and digital resource distribution protocols, it allows third-party developers to explore their own applications over open-source agreements to create a full ecology of blockchain technology and applications. Based on several rules and protocols designed by Ulord, it loads various types of digital resource application scenarios including text, pictures, music, video, and software, giving a direct docking platform for information creators and consumers.
This platform is decentralized content distribution platform which can provide content repo, distribution, and searchability. Ulord platform makes enterprise development content distribution more efficient. The platform has:
- decentralize content storage service (UDFS)
- content transaction service
- content search service
- content copyright detected service
The modular design of loose coupling is adapted for Ulord in overall design, which supports more developers to participate in the development of the entire ecosystem. Through the web interface, desktop application and mobile APP and other forms of presentation, the application layer publisher can more efficiently build site and publish Internet content distribution service of his own.
The architecture which is composed of Ulord platform and Ulord original chain. Ulord is the P2P data service, including data transmission, data distribution, data storage, data index, accounting model, communication model, Gas model and payment system. The original chain of Ulord is blockchain infrastructure, providing accounting, domain name, the master node and other services, to ensure that the entire backbone of the network is stable and orderly.
The platform layer is the middle layer of the system and operates a role as a bridge between the application layer and the base layer. The platform layer is categorized as a support component and a functional component according to function. The support component gives functional components with a basic function supporting. The platform layer is connected to the blockchain of base layer through the functional components, providing the application layer with content distribution, sharing and payment service based on the blockchain.
UlordToken is Ulord platform cryptocurrency, referred to as UT, with a total issue of 1 billion, and its distribution will not be increased or damaged. UlordToken is utilized as a payment in Ulord, as the currency in Ulord ecosystem. A fair allocation of UlordToken is helpful to promote the healthy development of Ulord ecosystem. The distribution mechanism is as follows:
Team and early investors: 20%, for all the team Ulord members and early investors contribution awards. 10% of them are pre-mining for R & D investment of the previous stage of the project; the remaining 10% has a lock period of 48 months to ensure that the project can advance;
Community developers: 10%, for promoting the development of community ecology, and helping developers to carry out meaningful development plans. The lock period will not be temporarily set. The reward depends on code review and quality assessment of the development task as well as task process according to community vote;
PoW: 35%, to motivate the miners to provide more CPU power billing.
PoS: 25%, to reward master node, and also encourage more users to provide storage space for storing Ulord platform data.
Community operations and product promotion: 10%, to make the project in the market as soon as possible, 10% of the budget will be used as an early promotion fee. Ulord will try a new model of community autonomy, and community volunteers determine all the expense.
How To Obtain UlordToken
There are five ways to get UlordToken:
(1) CPU computing resources involved in accounting;
(2) Server nodes participate in network infrastructure construction;
(3) Community promotion and code contribution;
(4) Publish original internet content;
(5) Spread valuable internet content.
Among the above, the first three ways are to get UlordToken in “production” and the last two ways to get UlordToken in “circulation.” UlordToken assets will be recorded on Ulord’s wallet. Owning UlordToken means joining the Ulord community, where members and users work together to promote its ecological value.
Core Technology Team
Ulord team brings collectively a large number of high-level R & D personnel driven by more than 10 PhDs, with comprehensive blockchain technology application development capacities. More than 50 world-class programmers and algorithm engineers in the technology development team have backgrounds in areas such as blockchain, cryptography, Internet information security, big data, cloud computing, artificial intelligence, finance, and management. There are senior scientists in cryptography and blockchain and specialized blockchain project investors. Also, Ulord team also maintains close cooperation with research institutes such as Windsor University in Canada, Manchester University in the UK, Wuhan University, Beihang University and Chinese Academy of Sciences to jointly advance key technologies in Ulord platform.
Dam Woods CEO, Ph.D., over the past decade he has been committed to research and development of cloud computing and has a rich experience in leading a technical team to explore major projects. He once served as a director of a huge cloud computing center and has unique insights in the blockchain industry.
Kwuaint Li CTO, Ph.D., a reliable Chinese programmer. He once worked in Nortel Networks as SME and devotes himself to researching and promoting blockchain technology. Under the control of blockchain technical risks, he dreames he would bring the technology dividend to the public.
Cyber Kuber CMO, Ph.D., one of the earliest investors in blockchain and masters blockchain technology and operation. He thinks blockchain will lead people to develop more sophisticated society and Ulord will show its true value in this process.
The leading unbiased review blockchain has officially announced the addition of 175 cryptocurrency ICO projects on their dashboard.
With that being said, Revain (RVN) custom mechanism ranks all the cryptocurrency initial coin offering (ICO) project based on the popularity and the users’ impressions.
In the meantime, RVN users can join the cryptocurrency platform’s ongoing 1,000,000 R giveaway, those who wish to participate will get 50 R instantly! To win the grand prize, all you have to do is:
- Leave an honest review at the Revain dashboard.
- Reply to Revain’s official Twitter account using the hashtag #RevainOnPoloniex and a link to the unbiased review which states why you want to see $R cryptocurrency coin to be listed on the said platform.
- Then write a message to Poloniex official website using the subject: Business Development Inquiry, then include your complete name and present email address, and organization: your/revain.
Once you complete the following steps, fill this form: https://docs.google.com/forms/d/e/1FAIpQLSf_h96EqsHkQv6Wj28aq5cvILn9hN6wIidb-oPXIiiEkQS1Pg/viewform.
The Revain 1,000,000 R giveaway contest has officially started on August 6, 2018, and ends on August 13, 2018.
About Revain (RVN)
Revain (RVN) is reinventing reviews and feedbacks on the blockchain (hence the name), it is the new generation feedback cryptocurrency platform based on the blockchain technology where reviews are permanent and immutable. Revain is based on users submitting honest reviews and feedbacks in exchange of RVN tokens, and its 2nd token called R tokens. It manages to establish an economic model with a transparent ecosystem that guarantees incorruptibility to users.
It is one of the cryptocurrency companies that has immediately captured the opportunity and took advantage of starting to deal with Bitcoin (BTC). In essence, Revain utilizes the blockchain technology to expand to the foreign marketplace, i-commerce, and e-gaming industry.
Revain has been developed in collaboration with IBM AI systems.
Revain (RVN) Team
The Revain (RVN) is officially founded by Rinat Arslanov who also serves as the Chief Executive Officer (CEO), he is also a blockchain enthusiast and has a solid experience in business and venture capitalist.
Other core team members include Maksim Voronin (Chief Technology Officer and Tech Lead), Alexey Belashenko (Chief Operating Officer), Alexey Abramov (assigned as the Head of Development), Roman Ochnev (Lead Marketing Manager), Bogdan Savin (Strategic Development Manager), Max Von Luttichau and Shi Qun (Community Manager), Tatiana Muntyanu (Account Manager), Alyona Kazakova and Fedir Yuriev (Digital Manager), Katya Katana (Product Designer), Vlad Bocharov (UX/UI Designer), Anna Shatrova (Product Owner), Elena Orsik (Global Communications and Public Relations), Olya Green (Copywriter); Revain (RVN) is also backed up by an advisory board.
Revain (RVN) Functions and Advantages
The Revain (RVN) core team firmly believes that an unbiased review and feedbacks from real users go a long way. RVN utilizes the Internet of Things System (IoTS) and the blockchain technology; this is to provide functions and advantages to create a reliable, unbiased feedback and review forum.
The evolution of virtual machine – to – machine (M2M) technology enables RVN robots to play a vital role in delivering the user reviews and feedbacks related to a company’s reputations. Given that intention, the RVN ecosystem is meant to make the reviews and feedbacks work be delegated to the virtual machines.