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Don Tapscott Announces International Blockchain Research Institute

The government of Canada, in partnership with other government bodies and private sector companies, is establishing a Blockchain Research Institute in Toronto to bring together the top minds in public and private sector research to build blockchain-based economies around the world.

Like the early days of the internet when defense and research agencies worked together to build the internet, the new foundation is hoping to engage researchers and companies that are willing to set aside their organizational biases and personal interests to develop the best possible models to go forward building a blockchain-based economy.

Don Tapscott, co-author of the bestselling bookBlockchain Revolution,  announced the new initiative yesterday at the DC Blockchain Summithosted by the Chamber of Digital Commerce. Funding will be drawn from a joint public-private partnership involving governments and some of the world’s biggest corporations, as well as new blockchain startups.

Founding members include Accenture, IBM, SAP, Digital Asset, NASDAQ, PepsiCo, Centrica, Liberty Global, the Government of Ontario, University Health Network and blockchain pioneers Nuco, Paycase, Artlery, Votem, Cosmos, YouBase and WISeKey. This initial list is expected to grow and include members of governments, companies and organizations from around the world.

“Blockchain [technology] has the potential to address some of the world’s most pressing challenges — from streamlining trade, to establishing trust in transactions, to tracing provenance for food safety,” said Ross Mauri, general manager of z Systems at IBM. “By working with top experts from around the world, we’ll be able to take full advantage of blockchain [technology]’s inherent strengths — an openly governed, collaborative approach — to make global business more efficient and transparent for consumers.”

Juergen Mueller, SAP’s chief innovation officer, stated, “We believe blockchain is a transformative technology for businesses. The Blockchain Research Institute with its brilliant team will deepen and enrich the knowledge about blockchain [technology].”

Affiliate organizations include Hyperledger, The Chamber of Digital Commerce, coala.io and the newly created Enterprise Ethereum Alliance.

In making the announcement, Tapscott noted the advantages Canada already has with its Tech North corridor between Toronto and Kitchener-Waterloo, with some of the world’s leading blockchain researchers and startups.

“The establishment of a research institute to study, identify and report at a more granular level will help stakeholders at all levels,” said Kyle Kemper, executive director of the Blockchain Association of Canada. “The fact that this initiative is being led by Canadians in partnership with experts worldwide is a testament to the fact that Canada is leading the blockchain revolution.”

Canada has a history of working internationally far beyond its relative size, so this initiative fits well in the Canadian tradition. The government of the province of Ontario, where the institute will be located, is one of the founding members.

“Blockchain technology has the potential to help Ontario build an innovation powerhouse and significantly improve government services too,” said the province’s Minister of Finance, Charles Sousa. “The new Institute, based in Ontario, will bring together the leading thinkers, researchers and entrepreneurs in the blockchain space and we’re proud and enthusiastic to support it.”

“Canada has been known to act globally, and this institute is the next generation’s pathway to global transformation,” said Joseph Weinberg, CEO of Paycase Financial, a blockchain-focused payments company and founding member. “We are taking on the next era of the internet with our intellectual resources and talents, and bringing Canada back onto the world stage by leading the Blockchain Revolution.”

Rationale

In a recently released report titled “The Blockchain Corridor: Building an Innovation Economy in the 2nd Era of the Internet,” co-authors Don and Alex Tapscott stated:

“The second generation of the internet presents Canada with a unique opportunity to lead this [blockchain] revolution, and to chart a path to an innovation economy built to last.

“It’s now time to take the next step and conduct deep research into killer applications — identifying the most important opportunities for blockchain [technology] in business and government and drawing the roadmap for how to get there.”

The report, funded by Canada’s Department of Innovation, Science and Economic Development, called on the federal government to participate in such a foundation and described in detail how the research institute would work.

“Through a series of major research projects led by global experts, we will identify and explain key application opportunities, issues, strategies and approaches that enable companies and governments to capitalize on this emerging technology.”

Implementation

The Blockchain Research Institute’s main goal is to enable a research platform that will allow public and private sector researchers from around the world to pool their resources and work together on the best ways to go forward in building blockchain-based model economies.

Not just a research institute, the agency will actively work on strategies with startups to make a blockchain economy happen. This proactive development role will involve experts and startups working together on practical solutions in a “blue-ribbon” style environment: one where participants from diverse — and often competing — backgrounds and positions are free to experiment with, propose and debate new ideas in a collaborative setting.

“This has the potential to encourage unprecedented collaboration through its function as a research hub,” said Amber D. Scott, CEO of Outlier Canada. “This is a real paradigm shift and it’s exciting to see such a diverse group coming together to support progress. We all benefit when we can focus on innovating rather than getting bogged down in territorial and jurisdictional issues.”

The initial program will begin on April 3, 2017, and will be completed on December 20, 2017. Projected “Program Deliverables” will include reports and tools that disseminate program conclusions among member organizations, monthly webinars and executive briefings. A Program Summit for institute members will be held in the spring of 2018.

The post Don Tapscott Announces International Blockchain Research Institute appeared first on Bitcoin XYZ.

Source: Science of Crypto
Don Tapscott Announces International Blockchain Research Institute

Source: Science of Crypto
Don Tapscott Announces International Blockchain Research Institute

Bitcoin’s Other Scaling Problem

by writer
Bitcoin’s Other Scaling Problem

Although many Bitcoiners subscribe to laissez-faire political and economic beliefs of the libertarian variety, some “invisible politics” has reared its ugly head in the ‘Bitcoin Community’ thanks to the digital currency’s scaling issues. The growth of Bitcoin has created a variety of social governance problems that have left many in the ‘Community’ confused.

Also Read: Bitcoin Block Size Growth Plan ‘BIP100’ Gets Update

Bitcoin Governance

While focus has been largely on scaling Bitcoin at the technical level to make room for increasing transaction demands, the distributed governance of Bitcoin itself has proven difficult.

“There are two types of governance. Governance of a specific software project and governance over consensus rules,” submits Eric Lombrozo, Bitcoin developer and CEO of Ciphrex. “For historical reasons, the two have been conflated in the minds of many people.”

Mr. Lombrozo suggests problems could manifest in several ways.  “Governance over a particular software codebase doesn’t require universal agreement over all changes as long as it remains compatible with the existing network,” he says. “It’s only when compatibility is broken that it creates issues that affect everyone in the community.”

Further adding questions to Bitcoin’s social issues, when former Bitcoin developer Mike Hearn left Bitcoin for R3CEV, he lamented how Bitcoin had become “completely controlled by just a handful of people.”

Benevolent Dictator?

Critics have claimed Bitcoin needs a “benevolent dictator” to expand and onboard an increasing number of transactions. “Someone, or some group, must decide how to meet users’ requirements,” Reuters reported on the opinions of some in the Bitcoin space.

Cornell Computer Science professor, Dr. Emin Gun Sirer, cites Ethereum, a blockchain smart contract model, and its “benevolent dictator model” as a working example of distributed governance.

Vitalik Buterin, Ethereum founder and main programmer, in effect holds controlling decision-making power over that open-source creation community, some say (even though those who disagreee can fork the network).

Mr. Buterin has defended this model. “Over the last couple of years it’s become apparent that having a static protocol is just not a viable approach,” Buterin said at a blockchain conference. “Software has to evolve … and there has to be some mechanism for agreeing on how software is going to upgrade.”

Mr. Lombrozo points out, however, that Ethereum’s ‘benevolent dictator’ could not stop a split in the Ethereum blockchain, resulting in an duplicate version dubbed ‘Ethereum Classic.’

Gavin Andresen, Bitcoin’s former Chief Scientist, has discussed in YouTube videos how Bitcoin has evolved from a similar model after pseudonymous founder Satoshi Nakamoto’s departure.

“If you go back in history, it was really simple. It was whatever Satoshi decided at the beginning. That’s really where we started. We had one source code. We had one [pseudonymous] person who made all the decisions about what should Bitcoin be, how should it evolve, and what should it do,” he said.

Andresen added: “As soon as Satoshi stepped back and threw the project onto my shoulders, one of the first things I did was try to decentralize that. So, if I get hit by a bus, it would be clear that the project would go on. That’s why, at this point, there are five people who have commit access to the Github Bitcoin source tree. And there’s kind of this consensus process for what changes are made to the code — and even what consensus-level, low-level changes to the Bitcoin rules should happen.”

In an Internet Policy Review (IPR) article called The invisible politics of Bitcoin: Governance crisis of a decentralised infrastructure, this question is analyzed in depth.

The article paraphrases Yochai Benkler, who said “there are no spaces of perfect freedom from all constraints, only different sets of constraints that one necessarily must choose from.”

Bitcoin might be boasted as a trustless technology, but there’s still a catch.

“It remains subject to the (invisible) politics of a handful of individuals – the programmers who are in charge of developing the technology and, to a large extent, deciding upon its functionalities,” reads the IPR paper.

Can Technology Drive Social Coordination?

The paper concludes: “The mistake of the Bitcoin community was to believe that, once technical governance had been worked out, the need to rely on government institutions and centralised organisations in order to manage and regulate social interactions would eventually disappear. Politics would progressively give way to new forms of technologically-driven protocols for social coordination– regarded as a more efficient way for individuals to cooperate towards the achievement of a collective goal while preserving their individual autonomy.”

In a series of tweets, Mr. Lombrozo has shared his opinion about how Bitcoin might overcome the current gridlock caused by intense disagreement over numerous issues; namely, how to scale bitcoin to meet current transaction demand amid the social scaling problem itself. Many of his tweets have urged people to look beyond intense social media squabbles and start their own Bitcoin-based “cool” projects.

“Decentralized systems require individual effort in discovering sources and filtering out hubris and noise,” he also tweeted. “This is true at the social level as well as the machine level.”

What do you think about Bitcoin’s other scaling problem? Let us know in the comments below.

Images via Shutterstock, YouTube

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The post Bitcoin’s Other Scaling Problem appeared first on Bitcoins Channel.

Source: Science of Crypto
Bitcoin’s Other Scaling Problem

WeTrust Launches Trusted Lending Circles (ROSCA) Platform, Attracts Participants with Trustcoin Crowdsale

Bitcoin Press Release: WeTrust redefines reciprocal aid over Ethereum blockchain with its Trusted Lending Circles product, launches Trustcoin crowdsale.

March 16, 2017, Santa Clara, USA – WeTrust, an Ethereum blockchain platform aiming for financial inclusion for the masses has announced the launch of its very first Trusted Lending Circles product. The blockchain-based reciprocal aid platform, leverages smart contracts to allows anyone to create a ROSCA (Rotating Savings and Credit Association) with a group of trusted associates to help one another.

Trusted Lending Circles is the first among many WeTrust products that are yet to be launched. It implements the concept of ROSCA on Ethereum blockchain to create a trustless, transparent, community or a closed user group oriented investment and reciprocal aid system. Trusted Lending Circles currently supports basic ROSCA, created amongst close friends and family. Other upcoming products and features include credit scores, large scale ROSCAs, trusted direct borrowing/lending and mutual insurance. With these blockchain-based products and features, WeTrust aims to provide alternative financial services to over 2 billion unbanked adults across the world.

How Trusted Lending Circles Work

The Trusted Lending Circles application allows anyone to create or join a ROSCA. A group of trusted associates participating in the ROSCA agree to contribute a fixed amount at regular intervals based on a mutually agreed framework on how the funds should be distributed among the associates. The collected contribution is then disbursed in a reverse auction, where the lowest bidder is offered the bidding amount and the rest equally distributed among other associates. All ROSCA related transaction details are recorded on the Ethereum blockchain while smart contracts govern the bidding process, ensuring transparency and eliminating the need for a trusted third party or an intermediary.

Bitcoin PR Buzz WeTrust 2

The WeTrust pilot is currently confined to the cryptocurrency community. Once a precedent is set for blockchain-based ROSCAs, the platform will expand to other communities by integrating stablecoins for the benefit of those who are comfortable using stable fiat currencies.

“We envision a system where financial services have aligned interests with the user/ policyholder, and essential financial products are provided at a fair price to users and policyholders. We are building WeTrust to solve this problem.”

 

Trustcoin Crowdsale

WeTrust has announced the launch of its Trustcoin (TRST) crowdsale starting March 2, 2017. During the six-week long token sale, WeTrust will distribute 80 million of the total 100 million Trustcoins among the participants. The remaining 20% is set aside for the founding team and advisors (10 million TRST vested over two years), Finclusion Labs – organization building the WeTrust platform (8 million TRST) and bounty programs (2 million TRST).

Investors participating in the crowdsale can buy Trustcoin with either Bitcoin or Ethereum. Early investors stand to benefit from the bonus. WeTrust offered a 30% bonus on the first day, which was reduced to 25% during the first week. Similarly, those participating during the second, third, fourth, fifth and sixth weeks will receive a bonus of 20%, 15%, 10%, 5% and 0%, respectively.

The Trustcoin token sale participants will receive their Trustcoin upon completion of the crowdsale. These tokens can then be used as a currency for services performed by WeTrust as well as other service providers in the WeTrust ecosystem.

Interested investors and cryptocurrency community members can participate in the ongoing Trustcoin crowdsale by visiting the WeTrust website.

About WeTrust

WeTrust is an Ethereum blockchain-based collaborative savings and insurance platform that leverages social capital, trust networks and blockchain technology to create an inclusive financial ecosystem.

Learn more about WeTrust: https://www.wetrust.io/
WeTrust Trusted Lending Circle MVP: https://ROSCA.WeTrust.io/
Participate in WeTrust Crowdsale: https://www.wetrust.io/tlc/signup
WeTrust Crowdsale FAQ: https://medium.com/wetrust-blog/how-to-contribute-to-the-crowdsale-c9de5b91fc43#.6ojd5ejhb
WeTrust on BitcoinTalk: https://bitcointalk.org/index.php?topic=1773367

Media Contact

Contact Name: Tzvi Shishler
Contact Email: info@4kingmedia.com
Location: Santa Clara, USA

WeTrust is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only.

 

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Source: Bitcoin Press Releases
WeTrust Launches Trusted Lending Circles (ROSCA) Platform, Attracts Participants with Trustcoin Crowdsale

iEx.ec Announces Its Cryptocurrency Crowdsale to Launch the First Distributed Cloud Platform

Bitcoin Press Release: iEx.ec, the distributed cloud platform for the future internet announces cryptocurrency crowdsale, scheduled for April 12, 2017.

March 16, 2017, Lyon France – The distributed cloud computing platform, iEx.ec has announced the schedule for its upcoming cryptocurrency crowdsale. The token sale will go live on April 12, 2017, at 1300 (GMT). Through this crowdsale, the project aims to raise funds required to create a distributed cloud environment to meet the rising need for computationally intense and decentralized business practices.

iEx.ec is looking to raise a sum of $2 million through the upcoming crowdsale, which will be used to cover iEx.ec’s development and launch costs. Participants in the crowdsale can contribute in BTC or ETH to become eligible for RLC tokens, the native currency for the iEx.ec cloud network. The platform’s launch is set for some time later in 2017 along with off-chain computation capabilities to support distributed applications (DApps).

The iEx.ec Business Network

The iEx.ec system works by tethering computers together to create one giant network of computing resources. The use of this technique, referred to as Desktop Grid Computing has so far been restricted to academic institutions. Now, with the introduction of blockchain technology, iEx.ec is making this type of network computing open and available for public and enterprise use.

The Ethereum blockchain, specifically smart contracts, act as a management system for the network. It allows users to monetize their participation, automating payment transactions for the give and take of services. Unlike existing cloud providers, business on the iEx.ec cloud can take place securely and without any central authority.

iEx.ec aims to create a native environment for a new generation of businesses to thrive. As CEO and co-founder Gilles Fedak explains;

“The simple truth is that centralized cloud services are falling behind current demand for computing resources. The iEx.ec team knows this through our work at the leading edge of distributed and cloud computing. With blockchain we see how a new paradigm of cloud computing is not just possible but absolutely essential, to meet the current needs of cloud SaaS, PaaS and IaaS markets, and to meet the needs of the next wave of innovation such as High Performance Computing, Artificial Intelligence, Internet of Things, Blockchain Computing and other forms of distributed business. “

The iEx.ec cloud sets in motion a network for computationally intensive and decentralized businesses but in the spirit of open access, the iEx.ec cloud platform will be free for anyone to join. Rather, it’s revenue model will center on a range of premium features for enterprise users. The team plans to release a set of ready-made smart contracts to help users get started.

iEx.ec Team

iEx.ec has been under development for over a year now. In that duration, the core team consisting of distributed and cloud computing experts, blockchain developers, business consultants, and marketers have grown. Earlier last month, the iEx.ec team released a proof of concept where anyone can submit computation to the cloud via blockchain. The iEx.ec project is led by well-respected researchers, Gilles Fedak (Ph.D.) and Haiwu He (Ph.D.) who have worked at the highest levels of their specialisms in distributed computing, HPC and cloud systems design.

Fedak explaining the team and platform’s strengths said,

“iEx.ec is a natural progression for us. We have a unique experience in designing and establishing real distributed computing infrastructures such as the European Desktop Grid Infrastructure and supporting the most demanding scientific applications like the CERN. Furthermore, we have a long history of industrial partnerships with Airbus, Total, BNP Paribas, Orange and many start-ups as well. From these experiences, we have come to understand where the commercial opportunity lies, and what’s more important is that we know how to get there. We will be first to market with the distributed cloud since our tech is already well developed and we are super excited to release it to the world.”

Gilles Fedak will be presenting iEx.ec at the BlockchainUA conference in Kiev on March 17, 2017. Another presentation will soon follow at the Berlin Blockchain Expo scheduled on June 1 and 2, 2017.

The upcoming iEx.ec crowdsale will run until May 12, 2017 (1300 GMT) with a 20% bonus for early investors.

More information about the crowdsale is available at – http://crowdsale.iex.ec/
Learn more about iEx.ec at – http://iex.ec/

Media Contact

Contact Name: Gilles Fedak
Contact Email: gf@iex.ec
Contact Location: Lyon, France

iEx.ec is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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Source: Bitcoin Press Releases
iEx.ec Announces Its Cryptocurrency Crowdsale to Launch the First Distributed Cloud Platform

Groundbreaking Crypto Start-up, Internet of Coins, Launches Fundraiser on OpenLedger DC

March 16, 2017 – (Pandrup, Denmark) – Internet of Coins (www.coinstorm.net) will launch their fundraiser on the OpenLedger Decentralized Conglomerate (DC) on March 21st 2017, in celebration of the first day of spring. Until the launch, investors can join the early bird offer and receive a 5% discount.

Essentially a wallet, Internet of Coins is a secure way to store cryptocurrencies and smart contracts, and trade them without centralized exchanges. With an easy-to-use interface to manage multiple coins and assets, users of Internet of Coins need no advanced technological knowledge to work with cryptocurrencies. Furthermore, the platform acts as an interface to smart contract systems, decentralized communications, and distributed notary functions.

Existing wallets will need no changes or adaptations to have their blockchains and value systems connected to this decentralized network.

Internet of Coins gives users the option to exchange currencies with anyone in the world, without dependency on a centralized third party. Compatible with every currency available, users can receive, send and swap, making fluid trades of value from and to any blockchain available.

The official token of the Internet of Coins platform, termed HYBRID, serves two main purposes. First, it provides a coherent store of value across multiple blockchains, diversifying risk. Second, it serves as the vehicle to swap value between the different chains they are registered on. This will allow users to exchange value without the need for a centralized external third party.

HYBRID tokens will be freely tradable after July 1st, 2017.

Joachim de Koning, Founder of Internet of Coins, explained, ‘From July 1st 2017, we will release the tokens to fundraiser participants. Tokens will be released on the user’s blockchain of choice. Due to the hybrid nature of the token, it can be used on multiple blockchains.’

‘We are inviting people to join us for our Livestream event, http://bit.ly/2mLX9eX, on March 20 at 6pm GMT where we will be presenting our platform and answering questions.’

The idea of Internet of Coins was conceived during the summer of 2014. It aims to create a decentralized, self-sustaining economy by implementing inter-blockchain connectivity.

De Koning continued, ‘Our goal is to make every cryptocurrency autonomously part of a large swarm of decentralized economic activity. We want to do this by enabling every cryptocurrency user to create hybrid assets that interconnect value systems and blockchains. The source code to make this possible will be open source, non-commercial and freely available, to enable the impartial establishment of the Internet of Coins.’

Ronny Boesing, CEO of OpenLedger, says, ‘The Internet of Coins is a great way for interlinking all digital forms of value in one place. Because you can swap digital assets and currencies, peer to peer, you also have the incredible opportunity to earn fees by participating. What we also love about Internet of Coins is the ‘easy to use’ interface which allows users existing wallets to be adapted with no changes or adaptations. In my opinion, this innovation is a need-to-have tool for crypto traders.’

Media Contact

Siim Õunap/Aviva Pearson
siim@openledger.info/aviva@openledger.info
Phone: +372 556 07 289

EDITOR’S NOTES:

The OpenLedger Decentralized Conglomerate (DC) is the world’s first blockchain powered conglomerate, allowing multiple organizations to join forces and directly invest in each other’s successes, reaping the benefits of cross-promotion throughout the entire network.

LINKS:

Website: www.internetofcoins.org
Early Bird registration: https://coinstorm.net/en/terms
Twitter: @internetofcoins
Learn more about OpenLedger: www.openledger.info


Bitcoin PR Buzz Internet of Coins OpenLedger 2

OpenLedger is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

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Source: Bitcoin Press Releases
Groundbreaking Crypto Start-up, Internet of Coins, Launches Fundraiser on OpenLedger DC

ZebraPay to Support VEROS and Ether Cryptocurrencies Soon

Bitcoin Press Release: The universal self-service solutions provider, ZebraPay extends its support to VEROS and Ether cryptocurrencies.

March 16, 2017, Bucharest, Romania – The leading self-service e-payment solutions provider in Romania, ZebraPay will soon start accepting two more cryptocurrencies. The platform has announced the inclusion of Ether and VEROS (VRS) payment options in its self-service kiosks.

Operational since 2009, ZebraPay has grown to become the largest self-service kiosk network in Romania. The service provider has over 2500 kiosks installed in over 350 localities across the country. The extensive technology development carried out by the company during 2011-2014 has gained ZebraPay the recognition of being the fastest growing Romanian technology enterprise.

ZebraPay’s CEO Adrian Badea explaining the use inclusion of new cryptocurrencies said,

“Innovation is a milestone at ZebraPay, so through this partnership, we increase our cryptocurrencies portfolio to meet the needs of the customers interested in this modern financial area and to increase accessibility to such services. The new cryptocurrencies that we introduced, VEROS and Ether, will bring the Romanian customers a step closer to the international trends.”

Bitcoin pr buzz ZebraPay 2
ZebraPay self-service kiosks currently support payments made using cash, NFC, mobile wallets, and cryptocurrencies. Until recently, Bitcoin was the only cryptocurrency supported by ZebraPay kiosks. However, due to the increasing demand for alternative payment methods, the company is planning to expand its cryptocurrency services and has just signed the agreement with VEROS to start offering VRS cryptocurrency payment option. Soon, customers will be able to purchase VEROS through ZebraPay self-service kiosks.

Only several weeks into it’s infancy, the VEROS cryptocurrency has a long-term mass adoption strategy in place to overcome the competition presented by other well-established options available in the market. As a part of the strategy, VEROS is housing the most popular services into a Crypto-One-Stop-Solution (COSS) platform, set for launch in less than a month’s time. VEROS solves the mass adoption challenge by allowing the user community to control the distribution and value of the digital currency, independent of centralized agglomerates like mining pools. All VEROS transactions are secured with Ethereum smart contracts, governing the validation, distribution, and ownership of the tokens. VEROS has built a strong affiliate network responsible for creating a market comprising of all sorts of projects involving crypto and fiat currencies where VRS is used as a native token.

Second only to Bitcoin, Ether has the largest cryptocurrency market capitalization and will be soon made available for purchase at ZebraPay kiosks. Ether is not only a cryptocurrency but also a value token fueling the Ethereum network. The participants of Ethereum platform (startups, application developers, etc.) pay fees for transaction processing and the computational power consumed for all operations on the network with Ether. Despite such technical use, the Ether tokens can be bought and sold alongside Bitcoin on major exchange platforms.

Each of the three cryptocurrencies (BTC, ETH, and VRS) adopted by ZebraPay have their own niche in the market, creating a diversity that many cryptocurrency users are currently looking for. The VEROS development team considers this move an important step towards the expansion of cryptocurrency market, especially in cryptocurrency friendly Romanian soil.

Starting next week, ZebraPay customers can buy VEROS and Ether at self-service kiosks all over Romania.

About ZebraPay

Founded in 2009, ZebraPay is a leading provider of self-service e-payment terminals located in over 350 towns across Romania. The ZebraPay terminals are found in major retail chains, universities, shopping centers, markets, gas stations and convenience stores.

About VEROS

VEROS is a transparent and secure cryptocurrency designed on the Ethereum blockchain. Designed specifically for mass adoption and everyday use, VEROS can be purchased on C-CEX and LiveCoin exchanges.

Learn more about ZebraPay at – http://www.zebrapay.ro/
Learn more about VEROS at – https://veros.org/
Find VEROS web-wallet here – https://wallet.veros.org/login
Learn more about COSS at – https://coss.io/
Access VEROS whitepaper at – https://veros.org/white-paper.pdf
VEROS on YouTube – https://www.youtube.com/watch?v=BgPCZGeiIGA

Media Contact

Contact Name: Maria
Contact Email: maria@coss.io
Company Name: C.O.S.S. PTE LTD
Location: Singapore

 

ZebraPay is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

About Bitcoin PR Buzz:

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own professional Bitcoin and digital currency Press Release. Click here for more information.

The post ZebraPay to Support VEROS and Ether Cryptocurrencies Soon appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
ZebraPay to Support VEROS and Ether Cryptocurrencies Soon

The Dash Fork, PIVX Cryptocurrency Brings Private Instant Verified Transactions to the Masses

Bitcoin Press Release: PIVX cryptocurrency, forked from DASH v0.12.0.x core uses custom PoS, changes name from Darknet to enable private, instant and verified transactions.

March 15, 2017 – PIVX (Private Instant Verified Transaction), formerly known as Darknet offers an upgraded DASH v0.12.0.x clean fork based cryptocurrency with custom Proof of Stake (PoS) code to the community. The open source cryptocurrency platform has replaced the previous Proof of Work (PoW) consensus algorithm to bring private, instant and verified transactions to the masses.

Through its latest changes, PIVX has eliminated the dependency on resource intensive hardware for mining, like in the case of other PoW cryptocurrencies. Instead, the community members can earn PIVX by holding on to some tokens in their wallet while keeping it connected to the internet. The platform’s latest PoS 2.0 algorithm allows any device running a PIVX wallet, irrespective of its technical specification or operating system to take part in the staking process and earn rewards.

Being a Dash fork, PIVX utilizes Bitcoin Core by default. It uses the current Bitcoin v0.10.x core in combination with some already committed v0.13.2 updates. Since its launch on January 31, 2016, PIVX has been the only PoS cryptocurrency to be based on Bitcoin Core v0.10.x or above, making it the most up to date and technically advanced PoS cryptocurrencies in the market.

PIVX inherits all the technical features of Dash, including the masternodes, instant transfers, and private transfers. The PIVX team is working on further improving the platform by updating it to v0.12.1.x Dash core with enhanced features like IPv6 support, along with the existing IPv4 and TOR Network support.

The PIVX cryptocurrency network has a block time of 60 seconds with fixed block rewards. The custom seesaw algorithm incorporated in the system dynamically alters the rewards split between a masternode and staking nodes. Detailed information about the seesaw algorithm is available in PIVX’s whitepaper.

The PIVX team is one of the first to explore the implementation of libzerocoin protocol with non-optional minting to the platform. A successful integration of the zerocoin protocol will further enhance the network privacy, making every end-to-end transaction untraceable.

PIVX believes in having an inclusive governance by the community. The team is currently involved in discussions to further improve the existing masternode voting system by including non-masternode PIVX holders in the decision-making process and utilization of its block reward budget. These discussions are held as publicly viewable live meetings for increased transparency continuing until an ideal governance solution is devised and implemented.

With these features, PIVX hopes to revolutionize the world of private cryptocurrency, in terms of monetization and exchange methods.

About PIVX

PIVX is a multifaceted community-centric endeavor in the blockchain tech and cryptocurrency realms. It offers a transactional security and privacy-centric, decentralized open source cryptocurrency for the community.

Learn more about PIVX at – https://pivx.org/
Read PIVX whitepaper at – https://pivx.org/what-is-pivx/white-papers/

Media Contact

Contact Name: PIVX Marketing Team
Contact Email: media@pivx.org

PIVX is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

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Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own professional Bitcoin and digital currency Press Release. Click here for more information.

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Source: Bitcoin Press Releases
The Dash Fork, PIVX Cryptocurrency Brings Private Instant Verified Transactions to the Masses

Status Introduces CommitETH: A tool for enabling community driven development models

Extending GitHub to allow for incentivized contributions to open source projects

Singapore, March 14, 2017. The development team behind Status, the leading mobile decentralized web browser for Ethereum, is pleased to introduce CommitETH, a tool designed to foster open source software development. Our hope is that CommitETH will not only create stronger incentives for developers to get involved with open source projects, but also provide greater utility to app tokens, and provide token holders with direct say in the development direction of projects in the ecosystem.

As the web continues its shift towards decentralized business models powered by blockchains and protocol tokens, CommitETH will play a vital role in the evolution of their governance models and decision-making processes.

With CommitETH (https://commiteth.com/), holders of ETH, and soon ERC-20 tokens will be able to directly stake their holdings to drive the development of new features, the priority of bug fixes, and the implementation of integrations with other decentralized applications. This will have the impact of maximizing network effects and developer mindshare, expediting the rate of innovation and evolution across the Ethereum network as a whole.

At Status our mission is to make the decentralized web easy to access and interact with for all. The release of CommitETH marks the first step towards a decentralized organizational structure, by establishing a mechanism that will democratize our development, leading to a product created for the community by the community, something far more useful than we could build on our own.

The first release runs on the Ropsten Testnet, and developers and open source communities are encouraged to experiment and provide feedback.

Follow CommitETH

Homepage: https: https://commiteth.com/
Twitter: https: https://twitter.com/commiteth
Facebook: https: https://www.facebook.com/CommitETH/
Github: https: https://github.com/status-im/commiteth

About Status.im

Status is a messenger and browser to access the decentralized web of Ethereum. With the high level goals of preserving our collective right as humans to privacy, mitigating the risk of censorship, and promoting economic trade in a transparent, open manner, Status is building a community where anyone is welcome to join and contribute to the cause.

Homepage: https://status.im/
Slack: http://slack.status.im/
Wiki: https://wiki.status.im/
Twitter: https://twitter.com/ethstatus
Github: https://github.com/status-im

Media Contact
Carl Bennetts
carl@status.im

 

Status is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

The post Status Introduces CommitETH: A tool for enabling community driven development models appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
Status Introduces CommitETH: A tool for enabling community driven development models

Fit&Funky Starts Selling Fitness Apparel for VEROS Cryptocurrency

Bitcoin Press Release: Fit&Funky, the Swiss dance-fitness company, has started accepting VEROS cryptocurrency on its online shopping portal.

March 14, 2017, Singapore – Fit&Funky customers can now buy dance fitness clothes online with VEROS cryptocurrency. The European company, operating since 2013 is entering the Asian market with its fitness services. Fit&Funky specializes in dance workout routines that combine all key elements of a balanced training which include aerobic warm up, intense choreographed bodyweight exercise, dance moves and stretching.

The outfits on Fit&Funky web-portal and social media platforms are designed and supplied by GFit, a Malaysian fitness event organizer, and workout gear designer. GFit is a lifetime partner and distributor for Fit&Funky since 2017.

Fit&Funky and GFit, with plans for global expansion, find alternative payment methods like cryptocurrencies as great opportunities for further growth. Exploring the use of cryptocurrencies, GFit has become one of the first merchants to accept VEROS (VRS) for goods earlier this year. Fit&Funky follows GFit’s footsteps by beginning to accept VRS payments on its online shop, starting March 2017.

Explaining the rationale behind VEROS acceptance, Navanita Sgambato — one of the founders of Fit&Funky said,

“Our fitness clients represent a huge network, in which the boundaries like age, gender, and social status do not exist. The VEROS community also resonates with this idea and presents a great chance for us to enter the global market seamlessly”

Cryptocurrency VEROS is based on the Ethereum blockchain, which is extremely safe and efficient. It aims to achieve a massive user adoption with the aid of its core features such as transparency, security, ease of use and high compatibility with other platforms and payment gateways. The development team behind VEROS based in Romania and Singapore is extremely open-minded and receptive to fruitful collaborations.

VEROS intends to achieve its goal of mass adoption by using Crypto-One-Stop-Solution (COSS) platform. COSS platform encompasses all the features of a digital economical system. Launching officially in April 2017, the VEROS fueled COSS platform aims to shape the foundation for a community of cryptocurrency users comprising of companies, startups, employers, employees, traders and gamblers in what promises to be a very viable market.

From February 15, 2017, till March 7, 2017, the GFit team has already organized 15 events in Singapore and Malaysia, featuring Fit&Funky on their Asian tour. One of the tour’s highlights was the Fit&Funky Fitness Party held on March 4, 2017, in Johor Bahru, Malaysia at Horizon Hills Golf and Country Club. The event sealed the partnership between VEROS, GFit, and Fit&Funky. As a part of this partnership, the latter will soon include VEROS payment method to its online shop.

About Fit&Funky

Fit&Funky™ is a dance-fitness company founded in Switzerland, promoting funky dance workouts with an all-in-one training concept. More details about the company’s Asian tour are available on Fit&Funky Asia Facebook page and website.

About GFit

GFit is a fitness event host and organizer headquartered in Malaysia. GFit designs and manufactures its own fitness apparel which can be bought with VEROS cryptocurrency. GFit fitness garments can be purchased here.

About VEROS

Launched on 2016, VEROS is a secure and transparent cryptocurrency, implemented on the Ethereum blockchain. VEROS is designed specifically for massive adoption and everyday use.

Learn more about Fit&Funky at – http://www.fitandfunky.ch/en/home/
Shop on Fit&Funky at – http://www.fitandfunky.ch/en/shop/women/tops/
Learn more about COSS at – https://coss.io
Find GFit on Facebook at – https://www.facebook.com/GFIT.GLOBAL/?fref=ts
Learn more about VEROS at – https://veros.org
Watch Fit&Funky Video on – https://www.youtube.com/watch?list=PLz2-MB3mKvkNqH_fTvKLWN1Pe767fRYI8&v=jwqfsa7bqk0

Media Contact

Contact Name: Maria
Contact Email: maria@coss.io
Location: Singapore

 Fit&Funky is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

 

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Source: Bitcoin Press Releases
Fit&Funky Starts Selling Fitness Apparel for VEROS Cryptocurrency

MBit Casino Has Been Paying Out Over 42 BTC in Prizes Each Month!

Since launching their VIP Program nearly a year ago, mBit Casino has become one of the most popular Bitcoin gambling destinations in the world. Not only do they have a huge selection of Bitcoin friendly casino games, but they also have a VIP program that rewards its players in a big way.

Each month, players at mBit Casino receive over 22 BTC in prizes as part of the VIP Program and they are not expecting this to slow down anytime soon. With the price of Bitcoin today, that’s over $25,000 USD!

After rolling out a new automated VIP Points to Bitcoin conversion system recently, it has become one of their most popular features. The new automated system allows players to exchange any VIP Points earned from playing slots, table games or video poker for Bitcoin directly from the account dashboard. This means that it’s now easier than ever to exchange VIP Points for Bitcoin.

Slots, Table Games & Endorphina Tournaments

Besides paying out an average of 22 BTC each month as part of the VIP Points exchange, mBit Casino also has another 20 BTC in prizes via their Slots, Table Games and co-branded Tournaments. These have become another popular draw for mBit Casino, and are now available every month.

Each month, players can compete in one of these leaderboard style tournaments for their chance to share in the huge prize pool. The co-branded tournaments feature games from a different provider each month. This month for example, there is an Endorphina leaderboard with 5 BTC in prizes.

Get Your Share of 42 BTC!

To grab your share of these massive monthly prizes, just head to mBitCasino.com and play any of their slots or table games. Then you’ll earn points on the leaderboard, which can be accessed in their top navigation menu. If you finish in the top 30 at slots, top 10 at table games or top 25 at Endorphina Games during the month, you’ll get your share of the 20 BTC prize pool!

Playing any of games at mBit Casino will also earn you VIP Points which can now be exchanged for Bitcoin directly on your account page. This makes them one of the most rewarding, player-friendly casinos to gamble with Bitcoin online.

 

Disclaimer: mBit Casino is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to FDIC and other consumer protections. This press release is for informational purposes only.

 

About Bitcoin PR Buzz:

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own professional Bitcoin and digital currency Press Release. Click here for more information.

The post MBit Casino Has Been Paying Out Over 42 BTC in Prizes Each Month! appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
MBit Casino Has Been Paying Out Over 42 BTC in Prizes Each Month!