RCN and Decentraland Join Forces

Ripio Credit Network, the global credit network based on consigned smart contracts and blockchain technology will soon integrate its credit protocol to Decentraland, the virtual reality platform. With this new alliance, Decentraland users who own plots of land will be able to sign up for loans within the virtual world. Content and institutions created within the same platform will also be eligible for the said loans. Plans are expected to roll out in the second quarter of 2018 when both companies will start to develop the virtual loans network. The announcement came about last week, with Decentraland’s own Terraform Auction Event that saw users contribute MANA – Decentraland’s own token – to buy land.

Decentraland, RCN’s new partner is a virtual reality platform powered by the Ethereum blockchain that allows users to create, experience, and monetize content and applications. The firm provides infrastructure to support a shared virtual world, also known as Metaverse2. Decentraland will operate under its own decentralized ledger for land ownership, which is the protocol that will be used for describing the content of each land parcel, and a peer-to-peer network for user interaction powered by its own token, MANA. Users will be able to claim ownership of virtual land on the blockchain based ledger.

Land in Decentraland is permanently owned by the community. This gives the community control over the publishing of their creations. Decentraland proposes a new concept that seeks to establish a network that will allow content creators to own and control the publication and distribution of their content while maintaining the full value of their work to online communities. Land – in this sense can be considered the new age in web domains and it allows discovery of new content and the creation of districts based on content genres or theme. This will enhance targeted traffic for content creators while giving a themed experience to the end user.

While Virtual Reality enthusiasm has exploded through 2017, control over the nature of content to be produced for the VR audience has remained centralized among Silicon Valley behemoths.  The decentralized nature of the Decentraland opens up the unlimited number of possible applications VR will find. The platform is expected to attract various content creators, developers, and advertisers among others. For example, the Decentraland scripting language will allow for the development of applications, games, gambling, and dynamic 3D scenes. It will be designed to handle a range of capabilities such as encoding user interaction and sound among other, including demands to meet the ultimate virtual reality experience.

Exactly how the RCN-Decentraland partnership will play out is yet to be seen. However, we can anticipate the number of independent VR content creators to skyrocket now that financial backing has been brought to their doorstep. This access to credit – yet another move to decentralize content creation – will enable creators to invest in their own content. This will help promote the open standards which are at the core of Decentraland values.

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Photography can be doubtlessly regarded as one of the most thrilling inventions of modern times. The art dates back to the 19th century, where the earliest known surviving photograph captured by a camera was taken back in the late 1820s (either 1826 or 1827). Many regard this point in time as the birth of photography. However, the industry began to profoundly change with the invention of the first true digital camera in 1975, in a breadbox-size that took 23 seconds to take a single black and white image.

This invention marked the beginning of a new era that allowed people to document their lives on a minute-by-minute basis. Fast track to today, anyone with a camera can be a photographer. Anyone with a camera can use it to communicate an idea, a message or an emotion. However, this has come with its own share of demerits. Interestingly enough, ideas today are built on the works of others. Most images we see today, especially on social platforms are plagiarized in a rather unusual way by re-creating an idea from scratch rather than represent a whole new approach.

Put plain and simple; the problem exploded with the internet where 85% of the images used online are used without a valid license from the copyright owner. Modern technologies are of course revolutionary in content sharing but have given people the wrong impression. When people see images on the internet they, unfortunately, make assumptions that it’s okay to use without permission as long as it’s posted online. As the demand for images steadily rises, photographers lose potential earnings from the use of their material through illegal channels.

A lasting solution to fair and sustainable image licensing for both, creators and users have not been created yet. Existing solutions to this decades-old problem are still rather shortsighted to date: One of the more common methods to prevent image theft are watermarks. Watermarks work as an aforementioned deterrent and a promotional tool but take away from the consumption experience. The other common solution at hand are tracking pixels. Tracking pixels are tiny transparent, pixel-sized images embedded in images.

While the two can be considered as the best option for image theft prevention, the two – and any other method thereof – are no match for the new age of hackers. For this reason, photographers are uploading less of their work online while the time is right to do so. With blockchain gaining increased adoption, it is time technology works for the creator at the expense of the unauthorized user. Blockchain technology will pave the way for the creation of a decentralized copyright registry backed by smart contracts to help curb this growing discourse.

COPYTRACK, the platform with an ongoing ICO has developed a unique start-to-finish process for the enforcement of copyright. Once the rights-holder has confirmed the unlicensed use of an image identified by the algorithm, a fully automated  process is set in motion, which will only require minimal user interaction at 2 of the nearly 50 stages.

What is COPYTRACK today?

Established in 2014, it is a fair online platform for publishers, photographers, image agencies, and e-commerce vendors. The company was established for the fair management and enforcement of image licenses for its users on the internet.

Today, copyright infringement is difficult to pursue and is often considered a trivial offense. In contrast, COPYTRACK provides tools to comfortably search and match the online use of images worldwide. Even if images are cropped, edited or flipped – they will be found. Once the rights owner detects that an image was stolen, he can simply click & submit a claim to COPYTRACK and lean back. COPYTRACK offers post-licensing or legal enforcement without any risk or hassle to the right holder. The service is available worldwide and COPYRACK operates a network of qualified lawyers in 140 countries. One more added advantage, it’s free – of course, COPYTRACK will take a small success-related commission – but that’s it.

So far COPYTRACK has served thousands of photographers, image agencies and publishers and turns a claim volume of over $2.5 million USD each month for its clients.

More information about COPYTRACK’s existing business at: http://www.copytrack.com

So what about COPYTRACK’s new business unit?

Now COPYTRACK brings a new solution to the centuries-old problem by providing photographers with a decentralized register for their images. Using smart contract and blockchain technology, the photographer will retain control over their licenses and pricing, thereby retaining up to 70% of the revenue.

Rights owners will be able to authenticate themselves on the new platform and then upload their images for certification. Once approved by the COPYTRACK Global Register all data will be secured by hashes in the blockchain. From there on, those images will be permanently tracked for online use worldwide and licensing information as well as payments will also be stored in the BC.

This ultimately brings full transparency to the image licensing market and finally returns control back to the rights owner.

COPYTRACK will champion a new era of copyright protection with its upcoming ICO on 10th January which is intended to raise just enough capital to realize their vision.

More information about COPYTRACKs ICO is available at – http://www.copytrack.io/

Over the last few months we have experienced a major boom in the cryptocurrency sector and now the search term for the words Buy Bitcoin has surpassed the term Buy Gold for the first time. It is the most in-demand financial product in the world and we are experiencing a shift in what money is that we have never gone through before. Now programmers have the code to generate money and they are coming up with new superior ways to make money benefit for more and not just the 1% on the planet.

With the price of BTC and ETH more than doubling over the last couple of months, many are calling this a bubble but most do not understand the main causes of bubbles. With more people deciding that their wealth is more secure and has greater investment returns than fiat money the trend will continue. This will be the end of Banks as we know them today as they cannot sustain this battle against a superior product that is not owned by anyone. They will try to take control but hopefully, the coders can keep on step ahead to make sure that for the first time in our history, financial control back in the hands of the people.

In 2018 the term hyperinflation is going to be one of the big talking points, especially in the UK as the pound gets weaker which increases the prices of imports. If China goes ahead and starts selling oil in a currency other than the dollar, it is game over for the USA. The dollar is already crashing and with the prospect of Russia starting its own cryptocurrency it will not be long before the whole world has to follow suit or they will be left behind.

It could not be more obvious that cryptocurrencies are going to be the new form of money we all keep and spend. As the death of fiat currency occurs it is going to be one of the most dangerous in our history. It was hyperinflation that was a major cause about what started world war two as the German people could not eat or afford accommodation so they supported a crazy leader. We see the that happening all over the world now with the prime example been Donald Trump.

The 2007/08 financial crisis never did get sorted out, instead, trillions in fiat money were printed and given to the bankers to keep the system from collapse. The problem is so much greater than it was last time, that it will no longer be possible to print counterfeit money to pay off bad debt. The big question which no one knows the answer to is what happens when this event takes place? How would the American people react if a situation happens where they can not access all of their money from the banks because they are bankrupt. I know I would not like to be living there with so many of the population owning guns, things could turn very nasty for a long time.

Cryptocurrency is not just another form of money it is here to save the world at the same time. A new fairer financial system is needed to give everyone on this planet a basic living wage. With this technology, it is possible for the first time in our history. The only problem is all world leaders tend to do the opposite that is good for the people so it is going to take a revolution to get us there. Hopefully, this can transact peacefully as violence has never created peace before, only peace creates peace.


There are lots of arguments on both sides why you should buy bitcoin or not. Many say that it is a bubble but they have said that for the past three years now. Governments do not know what to do about it and regulation is lagging behind technology which has created a boom in financial innovation. It has also created the unknown as never before has the history of the world monetary system undergone such major technological advances.

The technology behind Bitcoin is the Blockchain and what this technology has done is make banks irrelevant for the first time in their history. You do not need human operators to check and regulate each financial transaction anymore or need to store it in financial institutions that are bankrupt both financially along with morally. This means that if situations happen like they did in Cyprus when money was stolen out of the bank accounts to pay back debt or in Greece when the people were limited to only been able to take out small amounts from the ATM machines to live off, those that are holding cryptocurrency will be immune from those unlawful acts.

The rich are starting to understand that their money is safer storing it in cryptocurrency so that it is out of the hands of the Governments than storing it in a bank. In Russia, the cryptocurrency sector is booming and the country is even considering launching their own which will be interchangeable with others. The reason for the move into this new form of money is due to the sanctions being enforced by the USA. By changing to a different monetary system they will no longer under the control of the US Government who control the current worldwide monetary system and are going to be the biggest losers when it collapses.

Bitcoin is experiencing rapid growth at the moment due to the banks and hedge funds finally entering the market. The problem with this is that they like to manipulate markets for profit gain. There will be big shifts in the price as that will be when a number of them decide to take their profits and move the money into a new asset.

At the moment no other asset class in the world is offering such crazy returns and until that stops we will continue to see a boom in the sector. Most of the world’s best-performing assets are struggling to offer any type of return which is why crypto is so appealing to many. The stock market is overheated, fiat money is dying and the property market is starting to turn ugly. Where else in this current world economic situation are you going to find returns that could potentially make you a 100% or more profit within 6 months?

Establish cryptocurrencies are the safest bet if you’re looking to get into the crypto boom. If you want to take a high risk then look into ICOs which are new cryptocurrencies that are available before they launch. Make sure you check out who the directors are before investing and only choose ones that have a verifiable proven track record.

PressCoin is a special ICO. In order to get your hands around the size of this business opportunity, one has to take a step back.

This article explains how the PressCoin tokens will grow over the next five years to service a $100B+ economy, and how to think about the size of the market opportunity that this presents.

The Broken News Media Economy

The role of the rise of Facebook and Google in the downfall of journalism, nd the weakening of democracies around the world is now well understood. In March 2016 Emily Bell, Director at the Tow Center for Digital Journalism at Columbia Journalism School delivered a speech with the title, “The End of the News as We Know It: How Facebook Swallowed Journalism”.

Emily’s words rang clear and were widely reported. In the 20 months since her verdict on the fate of journalism was delivered, her idea has dug in.

The news media economy, a vital instrument in the flow of unbiased and useful information about our world, has become completely dependent on Facebook and Google for its survival. And the industry appears to be helpless to respond. In the 2016 Presidential election shameless propaganda peddled by script kiddies in Macedonia took center stage.

The words Fake News in red text on a newspapers as a reminder to be aware of hoaxes and disinformation for propaganda uses

The two giant platform companies, Facebook and Google, supply the vast bulk of internet traffic to news sites, even as they take the lion’s share of the revenue from content they are simple linking to.

This new normal  is not just destroying the news industry, it is also cannibalising the advertising industry. Nearly 30% of the global ad industry (~$560B) is now digital (at about $170B) and around 60% of this is now controlled by Facebook and Google through fully automated online marketplaces. What’s more, nearly all the growth in the digital ad market (the remaining 70% and growing), is moving entirely into Facebook/Google.

In summary the news media industry has been hemorrhaging for two decades, and there are no scalable solutions in sight. And it is as a result, ripe for disruption.

News Industry Innovation Has Stalled

Sadly the depth of the crisis has also stalled innovation.

A wave of VC funded media startups between 2012-2015 showed some promise, but now even these are struggling to thrive, Buzzfeed, Vox and Vice have stalled in their growth trajectory. The industry has shown itself both unable to figure out new business models, and unable to unite to face down the Facebook/Google duopoly.

On the other hand, at least everyone now knows that this is an incredibly important problem. And being a very large market, a successful strategy here is an obvious place for a very disruptive and high risk/reward ratio solution to thrive.

PressCoin provides an entirely new system wide approach to solving this crisis.

“The value of PressCoin isn’t a single platform or revenue stream. PressCoin is a protocol, shared infrastructure and services, reference implementations, and an open developer ecosystem coupled with a startup accelerator program.

PressCoin extends reach into the regular money (or fiat) world by powering PressCoin Wallets, Payment Services, and APIs using partner Swiss-bank real-time crypto/fiat trading platform CointypeX.” – Presscoin.com

PressCoin as the Crypto-Economy for News

What is the new PressCoin economy?

At its heart, PressCoin will be a set of platforms, partners, plumbing, and business functions which will service all actors in a new digital news media eco-system.

Publishers, journalists and editors, curators, commenters and moderators, readers, subscribers, news agencies, merchandizers, digital agencies, PR and media agencies, politicians, citizen reporters, pollsters, advertisers, NGOs, neighborhood organizations, activists, investors and entrepreneurs – indeed all actors in the eco-system will be able to access PressCoin markets and use them to ply their craft.

PressCoin’s platforms will also have deeply embedded markets to enable the principle actors – publishers –  to work and collaborate with each other and take on the platforms together.

To fix today’s broken world – not just the broken news industry – but the broken democratic institutions that have been be failed by the world’s news publishers. Publishers, in turn, will be drawn into participating in the PressCoin economy in three ways:

  • Access to state of the art data-driven publishing technology designed to deliver a quality logged in mid-funnel experience to readers;
  • The opportunity, through trading in PressCoin to own a share of the platform technology through an ERC20 Smart Contract linking Token ownership to share ownership in PressCoin Plc.
  • Access to engaged pool of PressCoin economy readers who can bring additional value to their publications through active participation.

And using PressCoin’s NEWS tokens as the glue to bind them together, inside the PressCoin eco-system publishers will be able to trade in their lifeblood – content, advertising and web traffic.


NEWS Utility and the GDP of the News Economy

This is where the Utility of the NEWS token comes into its own as a disruptive agent for change.

As its use grows – initially to reunite a divided and beleaguered industry –  the demand for the currency will build organic liquidity – bringing wealth back to publishing companies and enabling them to invest in and improve the quality of their content.

Over the past decade, the platform giants have made digital advertising a borderless, global market.

This will accelerate PressCoin’s growth as PressCoin will compete on the same basis – first at the edges, working with early adopters – most likely independent publishers, bloggers and niche news organisations.

And as the GDP of the new PressCoin based economy grows larger publishers will come on board as they realise they have to upgrade their legacy publishing technology or die.

And as the economy grows the value of NEWS itself will become an indicator of the health of the business within it. If the amount of business going on is high, the GDP will grow, if not it will be low.

Governments often seek to inject liquidity into markets by way of printing money.

The ICO process follows the same principle, stimulating economic activity within the ecosystem by providing a means for industry players to transact with each other and collectively grow their wealth.

The Math – PressCoin Growth Projections

The size of the news media, global advertising, and related ecosystems economy is estimated to be anywhere between $650 to $1T in size, depending on how many related (adjacent or vendor) industries one counts.

The goal of PressCoin is to take 5% of this market over the next 5 years – addressing $30B to $50B in opportunity.

And each dollar of revenue, when it moves through an economy composed of interrelated members, has a follow-on economic effect of creating more transactions as the money changes hands in the exchange for new goods/services.

This is measured as the velocity of money, and tends to be higher in more active economies. The sum total of all this transactional activity forms the basis of the utility of the PressCoin cryptocurrency.

In this way PressCoin plans to create high levels of organic, utility-based demand and consequent liquidity in PressCoin token markets. PressCoin’s initial listing on the CointypeX exchange will take place within days of the close of its ICO, once all investor tokens have been distributed.

CoinLion is a powerful trading platform that makes managing digital assets easy and efficient. The platform contains a unique portfolio management tool combined with a publishing and promotional toolset that rewards users for building and sharing portfolios, strategies, and information relating to the management of digital assets.

“CoinLion will make managing hundreds of digital currencies easy and efficient and will empower the everyday user to take control of their digital holdings,” said CEO Joshua DeWitt

The CoinLion Platform consists of three main components working together to maximize the user trading experience. The first is a digital currency exchange focused on giving users the best trading experience possible. The second is a portfolio management tool that allows for the creation and management of cryptocurrency portfolios. The third component is a publishing and promotional toolset that allows users to grow and build their following by creating and share portfolios, strategies, and information with other users.

The CoinLion Portfolio Management Tool allows users to create and manage multiple portfolios simply and efficiently. A user may use the portfolio management tool to purchase multiple cryptocurrencies allocated by quantity, amount or percentage. Features within the portfolio management tool allow users to reallocate portfolios and submit multiple orders with a single click.


Using the Publishing & Promotional Toolset users can choose to publish portfolios, strategies, and content for others to track or use in exchange for LION. The portfolio management tool lets users create portfolios, share them with other users and or across their social media channels. Portfolio creators can define a cost in LION for allowing users the right to track and duplicate a shared portfolio.

CoinLion has its own token, LION, and will be launching the token sale December 18, 2017.

“LION is quite a powerful token,” said CTO Justus Luthy.

Lion is the native token that interacts within the platform helping users learn, build, and grow. LION creates an ecosystem that rewards and incentivizes users to share and create portfolios, strategies and research related to the management of digital assets. CoinLion says they will generally not limit the uses of LION.

Within the platform users can use LION to track and duplicate portfolios, trade for free within the LION market, receive discounted trading when holding LION, create and manage multiple portfolios using the portfolio management tool, access research and analytics within the CoinLion research library, access to ICOs launched on the platform at a discounted rate, promote portfolios and content on CoinLion and other platforms and the list goes on.

CoinLion plans to launch the platform Q3 of 2018 and plans to launch a demo version before the token sale.

Like CoinLion on facebook at https://www.facebook.com/CoinLion.official/

Follow CoinLion on Twitter at https://www.facebook.com/CoinLion.official/

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Learn more about CoinLion at  https://coinlion.com/


Crypto mania is taking the world by storm!  From reaching a combined $600 billion market cap, to Bitcoin trading at $20k on some exchanges, there seems to be no stopping the rise of digital currencies.

There are many ways to cash in on the potential that crypto has to offer, one of them being mining.  This is the process where each transaction or record on the blockchain network is verified.  As a reward for their contribution to the network, the miners receive freshly generated cryptocoins.

The cryptocurrency mining process is extremely processor as well as power intensive, and can get expensive if tried individually at home. Not to mention, the mining process requires specialized hardware, which has to be set up by oneself along with the power supply to feed the hardware. Genesis Mining steps in here to make the whole process easier, allowing interested cryptocurrency community members to be part of the mining community without going through any of these hassles. On a mission to “democratize mining”, the company is providing accessible and affordable cryptocurrency mining solution to the masses.

Genesis Mining provides cloud-based mining services to small- and large-scale investors.  Their mining farms already have all of the equipment set up.  In fact, the platform has the best Bitcoin and Altcoin-mining hardware and software available and running already.

The representatives of Genesis Mining have recently taken an initiative through their “EvolveWithUs” campaign to explain cryptocurrency mining and their services in the sector to the general public to increase awareness about the process and the company’s offering.

What is a Mining Rig?

Stefan Schindler, CTO representing Genesis Mining offers a simple definition for the most crucial hardware in the mining operation by saying,

“A mining rig is basically a computer, but is stripped down to the minimum in terms of computing, and up to the maximum in terms of mining.”


The Evolution of Mining

Mining had previously been done on a computer’s processor.  However, as the industry grew, so did its mining requirements.  Processor mining took an enormous amount of power, and an alternative was eventually adopted — Graphic cards. Graphics Cards or GPUs, proved to be more efficient at processing transactions, and didn’t use nearly as much power, resulting in a classic ‘work smarter, not harder’ approach.  Since then the industry has advanced, creating specialized hardware called ASIC miners. However, GPUs still play a vital role in mining some of the popular alternative cryptocurrencies (Altcoins) in the market.

The Structure of a Mining Rig

In appearance, it looks like your average computer mainboard.  The key difference is that is filled with lots of GPUs.  The USB port contains USBs holding the actual mining software, which is not stored on the processor.  It also has plenty of connecting cables to make everything run.

GPU processing

In the case of Genesis Mining, their specialized mining rigs can hold about six GPUs each.  The mainboards available on the market do not have the internal space or slots for all of these GPUs that goes into Genesis Mining’s version of mining hardware. This is where PCI risers come in, which are extension cables that allow the mainboard to be fitted with many GPUs.  These risers also help with even heat distribution so that the rig doesn’t overheat.

The power supply unit is also fitted with a strong cable, and powers all of the GPUs and the mainboard.

The company manufactures, stores and operates the mining rings at their mining farms in Iceland and other locations. These equipment can be quickly and efficiently assembled and are completely mobile for added convenience.

Have a look at the video if you’d like to know more.

The initiatives like EvolveWithUs are some of the things which makes Genesis Mining — the World’s leading Hashpower provider to stand apart from the rest.  Keep an eye on their Website and Social Media channels for more such educational videos.

Follow the EvolveWithUs campaign here

Visit the Genesis Mining website to buy mining hashpower.

Follow Genesis Mining on their official channels linked below:

Twitter: https://twitter.com/GenesisMining
Facebook: https://www.facebook.com/GenesisMining
YouTube Channel: https://www.youtube.com/c/Genesismining_official
VKontakte: https://vk.com/genesisminingrus
Instagram: http://www.instagram.com/genesismining_official
LinkedIn: https://www.linkedin.com/organization/5095028/
Blog posts on Medium: http://www.medium.com/@genesismining


Are You Ready for the Cryptocurrency Revolution?

An ancient Chinese curse goes something like this: “May you live in interesting times.” When it comes to something as fundamental to human interactions as money, the beginning of the 21st century has been interesting indeed, thanks to a little development called cryptocurrency. Emerging in 2009, Bitcoin was the first contestant in the digital cash realm, but others soon followed, and there is no letup in sight. But what exactly is a cryptocurrency and should you even care? The underlying technology that makes cryptocurrency possible is about to explode onto society in an even bigger way than it already has.

The World Before Bitcoin

To understand how intrinsically Bitcoin differs from the traditional money system requires a quick review of how financial systems operated up until now. The paper cash and metal coins in your pocket are precisely regulated by the government and central banks. This is where cryptocurrencies diverge. They are a decentralized alternative money system that is beholden to no higher authority.

As one might surmise, it is digital in nature and involves no physical manifestation, existing only as lines of secure code on a server somewhere. While not accepted broadly by mainstream retailers yet, digital currencies have already found kindred spirits in those who support an anonymous, secure, transparent money system. And when mainstream currency brokers like AionNext decide to offer online trading of cryptocurrencies, can the tipping point to mass approval be far behind?

The First Cryptocurrency

In 2009, either a single person or group of people going by the name Satoshi Nakamota created and released Bitcoin, the world’s first cryptocurrency. The idea of a currency that operates outside official government control has created a sense of unease among many. In the first years following Bitcoin’s release, countries have scrambled to come up with a way to define the legal status of this upstart currency. China banned its banks from using cryptocurrency. Russia hasn’t made them illegal to possess, but you can’t buy anything in that country unless you use the ruble.

As far as the United States is concerned, Bitcoin and its variants are treated as property for tax purposes, which means capital gains are due when you sell them at a higher value than what you paid. Online traders, especially those already familiar with the Forex market, love the idea of trading an asset that shows some of the upward mobility tech stocks demonstrated in the late 1990s. In fact, AionNext has updated their trading platform to incorporate Bitcoin, Ethereum, and Dogecoin.

Behind the Cryptocurrency Curtain

In the years since Bitcoin’s introduction, the number of different cryptocurrencies has grown to around 1,100, most of which operate on similar or derived technology as the original. An interesting feature of Bitcoin and most others is that they have a built-in limit on how much will be allowed to enter the market. In a sense, this creates a similar arrangement to precious metals, of which there is a finite amount. When Bitcoin hits the number that its creator preordained, that’s it. Investors and traders will still be able to swap the existing supply amongst themselves, but there will be no more.

Regardless, for those interested in trading cryptocurrencies, rest assured that this should have no effect on the ability to trade in this digital asset. Obviously, precious metals are still traded on commodity markets around the globe, even though there is a hard limit on how much of each type exists.

How to Trade Cryptocurrency

It didn’t take leading currency brokers like AionNext long to realize that there was something in the idea of a cryptocurrency that would appeal to online traders, so they adjusted their asset offerings accordingly. What shouldn’t be lost among the rush for profits is that the need for a high-quality platform and ultra-secure brokerage hasn’t magically disappeared. You can lose or gain real money trading cryptocurrencies, just as easily as you lose or gain in the Forex or equity markets. The need remains for a disciplined trading plan that doesn’t risk too much of your money on a single trade. Discipline, perhaps even more than any single trading strategy, will be the difference between those who profit and those who don’t. One AionNext innovation newbies might be interested in are the buy and sell signals generated by market-monitoring robots powered by algorithms that allow them to analyze the market faster and more completely than any human could.

The Bottom Line

It’s easy to sometimes dismiss a new technology as a flash-in-the-pan that will be gone with the next development. And though individual cryptocurrencies may come and go, there’s something about the underlying technology innovations that could trigger a seismic change in how our financial systems operate. The blockchain technology that powers Bitcoin is already under scrutiny by several banks that are curious if it could lead to improvements on their own security measures. Others hypothesize that another result will be an entirely new internet, one that is more secure and less susceptible to hacks or outside manipulation. Stay tuned. It’s getting good now.

In the digital age identity is a nightmare. There’s no other way to put. We’ve all been through password hell. We’ve all had alerts on our phones telling us we’ve just requested to change our password when we didn’t or received unsolicited phishing emails trying to get information under false pretenses.

There have been solutions offered up to end the pain but none are total solutions.

You can store all your passwords behind one master password for example, but you are still relying on a password. You back that up with two-factor authentication, until someone gets hold of your phone number by nefarious means and is able to launch a porting attack where a criminal tricks your phone company’s customer service staff into sending the access code to a device under their control.

And for corporations, the problem of securing customer identification data and other information they store can be equally burdensome.

VALID puts you in control

Enter VALID, the brainchild of Swiss digital identity and e-government services provider Procivis.

VALID is what’s known in the trade as a provider of self-sovereign identity, which is another way of defining an individual or corporate entity that has full control over their digital identity and which they can store securely locally to them, such as on a smartphone. If digital information is the new oil that greases the gears of our economies, then putting consumers in control of their identity is going to be crucial for both the identity holders and data consumers.

Marketplace makes your data your asset

And as valuable as security is, that’s not the end of the story. Putting your data for your own benefit is where things get more interesting.

If we can gain control over how our identities – and the information associated with those identities – are used, it holds out the prospect of empowering every individual citizen to decide for themselves who uses their data and a mechanism to demand a payment in return for that usage.

VALID has brought into being a marketplace to connect self-sovereign identities with data consumers, such as advertisers, who would like to access that data.

Regulation makes VALID a necessity

This might sound all very blue sky and in the future. Actually, the opposite is the case as the question of managing identities is already a pressing regulatory concern in Europe. In May 2018, that’s to say in just six months’ time, the European Union’s privacy regulation framework, the General Data Protection Regulation (GDPR), comes into force.

GDPR confers on individuals the right to know who is using their data, to get a copy of that data and requires companies sending marketing materials to consumers to have explicit permission to do so from the targeted persons.

For companies, record keeping on all its interactions with customers, present and future, becomes mission critical. If a company does not have an accurate audit of its customer base it could damage its ability to conduct its business.

In the UK policy think tank Reform produced a report in December urging the government to use blockchain technology to help citizens secure their interactions with public bodies. Specifically, Reforms argues that decentralised ledger system ‘control of public service identity can be moved from government to the individual.’

Well-positioned in Europe… and the world

Procivis and its VALID marketplace are well-positioned to provide the solutions that companies, individuals and governments will need. The identity specialists already work with governments around the world to help them execute plans for digital identities.

Its eID+ electronic identity system was accredited by the Swiss government on 4th December 2017 with its official launch planned for Spring 2018 following the successful completion of pilot testing. The backbone of the ecosystem is a blockchain-based digital identity solution

The three-step approach of VALID is comprised of verification of self-sovereign ID, a digital vault for your sensitive personal information securely encrypted and the marketplace where you can monetize your personal data. At the centre of that ecosystem is a mobile wallet for individuals and a web interface for the data consumers, which could be public bodies or companies.

Initial token offering in January 2018

VALID will be launching its initial token offering (ITO) in January 2018 after further discussion with early-stage backers, who include Eva Kaili, Member of the European Parliament and president of Bitcoin Association Switzerland and serial entrepreneur Malik El Bay, former chief executive of modum.io, the blockchain-based pioneer that provides a solution to maintain the data integrity of supply chains. El Bay led Modum’s token sale in which it raised $13.5 million.

Partners include Swiss law firm with an international footprint Froiep, crypto trading platform, mobile wallet and community hub Lykke and German-based Queo, a group of companies offering services in IT and software consulting, brand management, project planning and more.

The aim of VALID is to make your data your asset and with your help they will do just that. There are other players in the field, such as uPort for example, but none has government accreditation I the way VALID does. For more information on the VALID wallet, marketplace and token, check out the whitepaper and join the Telegram channel.

SophiaTX’s Token Generation Event (TGE) has officially come to a close. The project, led by CEO Jaroslav Kacina, has made some noise in the blockchain world as of late. A true testament to that was proven in the first round of their TGE when they generated 30,000,000 SPHTX tokens in just over 24 hours.

That first round set the bar pretty high and the team seems to have rose to the occasion, raising a total of $23,470,356.50 (according to coinmarketcap rates on Monday, December 18, 2017), despite BTC hitting new all time highs, some major exchanges having transaction problems, and the Ethereum network being bogged down.

The total amount of tokens generated came out to 49,145,275.140035644 SPHTX. One of the unique features of their TGE was that all 150 Million SPHTX tokens will be distributed (not burned) as promised to all participants on a pro-rata basis. Even more good news comes Friday, when their token, SPHTX, will be listed on QRYPTOS, then EXX exchange, and more coming soon.

Their TGE is finished, but SophiaTX is just getting started! Team announced an Early Adoption Program, where those who register can become one of the first to get their hands on SophiaTX and see how it can transform their business or project. This incredible opportunity is open for registration now on their website.

2018 is going to be a busy year for us and we look forward to the road ahead. As we begin the year, we will focus on optimizing our Testnet Blockchain and web browser, as well as converting our proof of concept into many use cases and business scenarios, which we are very excited about.” explains Jaroslav Kacina, CEO of SophiaTX and Equidato Technologies AG.

According to SophiaTX’s timeline on their website, 2018 will bring the release of their wallet, marketplace and development platform, along with the launch an SDK (software development kit) ready for business integration. Year 2018 will see a lot of SophiaTX innovations including IoT integration, a mobile application, advanced encryption, a full web client, and more. The team also announced they plan to publish many more updates showing their progress throughout various stages of their evolution.

We immensely appreciate all of your support and thank you for helping us achieve an outstanding result from our TGE. The team here at SophiaTX will remain busy in 2018 and beyond, putting the funds we raised to good use ensuring only the best quality products for our clients.” said Jaroslav Kacina.

About SophiaTX

SophiaTX is a blockchain platform and marketplace for businesses of all sizes, and the first open source platform to primarily integrate blockchain technology with enterprise applications such as SAP, Oracle, and others. 74% of transaction revenue worldwide touches SAP systems, and SophiaTX provides a business-appropriate blockchain for B2B collaboration and communication.