'Bitcoin': más que una moneda virtual BBVA

Are Coinbase BTC actual BTCs, I know it sounds dumb but hear me out!

So a few days back I saw a post regarding how bad Coinbase is ( and i think we can all agree, that's why I continue reading), I saw a post from a user that caught my eye, I reached out to the user for more info as he seemed to know his/her shit but didn't hear back. I did some research on my own but haven't got to an actual answer yet and I have yet to hear back from Andreas yet (jk lol) so i come to you with this genuine question looking for genuine answers, is Coinbase BTCs actual BTCs? What does the user means by 'they use their own chain?" Comment below and link to the OP
"Conbase is using their own chain, as a fractional reserve. They never make it available the proof of funds. They function exactly like a bank: take 10 bucks from depositors and give 100 (fictional) bucks to others, inside their wallets system. When this lie will blow up it will be really bad... really bad.
Conbase is a bank, created and funded by the banksters (BBVA) and will act always like a bank (aka fuck the users). Their goal is NOT to help people to get into Bitcoin, but to register them, track, monitor, seize, "share" their personal data with "3rd parties" etc. It's a banksters tool to keep almost all BTC users in control."
https://www.reddit.com/Bitcoin/comments/e74e23/want_an_example_of_how_retarded_coinbase_is_true/
Any help or direction will be greatly appreciated and if that's the case, how to remediate the issue and get legitimate BTCs or 'unmarked' BTCs, thanks!
Edit: thank you all for the quick responses, I should have mentioned I always pull my crypto from the exchange into my hardware wallet, are those actual BTCs?
submitted by AlxndrMd1 to Bitcoin [link] [comments]

Weekly Update: $PAR events galore, Parachute Treasure Hunt Winner, Arena Match Roadmap, SelfKey on ETHoutlet... – 18 Oct - 24 Oct'19

Weekly Update: $PAR events galore, Parachute Treasure Hunt Winner, Arena Match Roadmap, SelfKey on ETHoutlet... – 18 Oct - 24 Oct'19
Hiya folks! Long time since I shared a weekly update. Let's see if I can catch up with the latest in the next few days. Wish me luck. Here’s your week at Parachute + partners (18 Oct - 24 Oct'19):

This week’s Parena saw rageagainst take home a cool 50k $PAR by beating Ryan in a quick finale battle. The ParJar Battle Royale for our newest ParJar Pilot partners was this week. A ton of fun and a lot of $PAR (and $AMGO) tipped out. The official numbers of the $AMGO airdrop is out. The event which happened few weeks back saw 27k new ParJar wallets receiving the drop. Sweet! In this week’s TTR trivias, we saw 25k $PAR given out in MrPromise’s 10 question physics quiz, folks getting bamboozled in Charlotte’s Math trivia (10Qs, 2500 $PAR each), Doc Victor’s Video Games and War quiz seeing a participation frenzy for a 25k $PAR pot for 10 questions. Plus, Benjamin hosted a 10Q, 25k $PAR pot trivia based on the 2nd edition of the Parachute Post that he wrote. Even if you didn’t win, you definitely know more about Parachute and ParJar now. Thanks Ben!
Jose is making a Parachute CS map (de_parachute). Awesome! Gamers get ready
KellyBoy won 12,500 $PAR in Jason’s first ever raffle. Another first ever this week was Jason’s #WholesomeWed initiative: participants win $PAR for writing “about what they like about where they live”. Higher tips for photos, descriptions, stories, poems. Thank you Andy, Jason, Trojak, Nico B, Jeff Crypto, Gisele, Andhrew666, Reyna, Tavo (Gustavo), Cap, Zion, Lordhades, Marcos, Evangelina, Jose, Doc Victor, Saman, Richi, Shirin, Elena, Charlotte, Borna, Gl1tch, Bose Grace, Naya, Fadlan, Hanabi, dontouchscreen, Martha, Mariuska, Maiden, Jorge, Abdul, Labyb, CF (not Crypto French :p), Rin, Annerys, Mike India, Santhi, Adrian, Alexis, Frank, Glox, Muksin, Shaq Diesel, Alanys, Daniel, Brian, Yoleidis and Alejandro for the pictures! The Parachute Treasure Hunt finally has a winner. Congratulations to Justin Tobin for winning a boatload of crypto! Also, great teamwork by Harry, Edson, Unique, Reuben, Alimam and Doc Vic for getting the 2nd position. Two-for-Tuesday is back! This time in Parachute. This week’s theme was Rap/Reggae/Reggaeton. Super fun as always, Gian!
PARachuter lunch. PAR is everywhere #PARroundings. Pic courtesy: Sebastian
aXpire announced this week that they were joining the Oracle for Startups ecosystem. This initiative helps startups grow by leveraging Oracle’s PaaS and IaaS platforms. Watch the latest weekly update from Joakim by clicking here. The weekly 20k $AXPR burn can be tracked here. The team also opened up a question form for an AMA next month. Last week, we shared that $BAT is now tradeable/spendable/sendable on 2gether. Read more about it here. The latest feature in the app allows you check price history of cryptos. Neat! Participants of the Crypto Talent competition, don’t forget to check out Salva’s video on foundations of the economy. Founding Partner Luis Estrada will be speaking on AI, Cloud and BigData at the eShow in Madrid next week. Following and chatting options are now live in the WednesdayClub dApp. Noice! The latest WandX update covers developments from the strategic front, especially how the team is navigating the challenges of cross blockchain applications and regulations vis-à-vis Dex’es. As mentioned in the previous updates, XIO will not switch to Binance Chain and will continue to remain on Ethereum. Zachary explained in detail the events that lead to the decision in this article and video. There will still be a token swap but it will be an ERC20:ERC20 token swap to filter out inactive wallets. Details on how to do the swap will be shared in future updates. The first set of XIO incubated startups are also slated to be revealed soon. If you wish to receive regular XIO mailer updates, make sure to register as a Citizen here. Uber cool gif, Jimpanze! This week’s community discussions revolved around utility vs adoption, liquidity pool on Uniswap and multi-collateral XIO.
\"First sneak peek at some conceptual UI/UX of $XIO\". Nice!
$HYDRO is now tradeable on Liquid with a $BTC and $EUR pairing. Deploying Hydrogen’s PaaS for your fintech needs could lead to massive cost savings. Read more about it here. Dedicated socials and website for the Hydro Labs were launched this week. Plus, a Turkish blog. The team travelled to Montreal for Fintech Forum Canada and to Madrid for the BBVA Open Summit. Ahead of the 2019 Fintech Awards in which Hydro is a nominee, the project was covered in an article by Benzinga. And a cool shoutout from Bank Innovation. Hydrogen is also a finalist in the Most Innovative Banking Technology Provider category of the Banking Technology Awards 2019. Woohoo! Hydro's webinar on financial wellness happened this week. The Hydro 2FA solution is now integrated in the Barginex trading platform. A sweet bugfix bounty of $10k HYDRO got scooped up within a day of announcement. Click here to catch up on the latest ongoings on the dev front at Silent Notary. Tech nerds, have a read of Sentivate founder Thomas Marchi’s thoughts on QUIC, HTTP, UDSP and have a go at his riddle while you’re around. OST’s Pepo app launched on Product Hunt and app stores this week. As influencers continue to join the platform, this week we got a chance to see Meltem Demirors, NiMA Asghari and Dennison Bertram in action on Pepo. The latest upgrade features browsable hashtags. OST Founder Jason Goldberg’s fireside chat with CryptoOracle co-founder Lou Kerner is scheduled for next week. OST-backed Pepo and Hornet are now live on State of the DApps. Ahead of the San Francisco Blockchain Week, which the team will be attending, a new bounty was released for attendees. Tons of $OST up for grabs! There’s also a cool bounty for 1k $OST for promoting your blockchain article.
With Halloween right around the corner, Hydro office decorations are on point
Click here to watch the Mycro design & development team work on the app’s processes. SelfKey’s $KEY token was listed on ETHoutlet this week. The listing will provide $KEY with an $HKD fiat on-ramp. Additionally, ETHoutlet also joined SelfKey’s Marketplace. ETHoutlet operates a Dealer Exchange (i.e. traders trade with the platform directly instead of P2P) and has a physical store where people can trade OTC by visiting the location. Want to identify an exit scam before it happens? SelfKey crew’s got your back. Check out their article to learn how. Constellation joined the Board of Advisors at the Portland State University this week as part of an accredited Business Blockchain Certificate program which is also the world’s first such university accredited program. Congratulations! BAGS token group had their 6th Bazaar Upcycle event this week. Plus, a ton of $BAGS were given away for trivia and stickers contest. The Arena Match Fall 2019 Roadmap was published. Some of the updates that will go live are – CS:GO ranked matchmaking, replacement of credits with straight cash in/out (with an optional AMGO toggle), enhanced Perks, new UI, on-demand servers etc. Lots in store! Big up to Pynk for winning the Wolves Summit Pitch Competition. Click here and here for pics from the event. Last week we talked about Pynk's feature in BlockMAG published by the Malta Blockchain Summit. Here's the full scoop. Plus, a cool shoutout from Founder Institute. P.S. Pynk is an FI alumnus.
Arena Match new dashboard prototype mockup
Birdchain announced a copywrite contest this week. Cryptowriters assemble! The team also shared its marketing roadmap. Switch partner McAfeeDex now has 10 portals live with more in line for release. The next updates will contain multi chain support + Onion portal. It is also the 37th most popular ETH-based dApp on DappRadar. Plus, a chance to win 1k $ESH. More media coverage of the McAfeeDex from Bitcoin.com, CoinTelegraph, Blockonomi, The Daily Chain podcast and BLOCKTV this week. Plus, the first decentralised IEO was launched on the Dex. If you missed Fantom’s AMA with CryptoDiffer this week, here’s the transcript to get upto speed. The latest research paper from Fantom's partners at Yonsei University talks about The Economics of Smart Contracts. Have a read when you get a moment. Uptrennd will be introducing a more robust verification system for withdrawals to ensure that the platform stays fair and keeps bad actors away. In addition to the Malta Blockchain Summit, Jeff will also be travelling to CMC’s The Capital and BlockShow this month. In case you get to meet him at these events, chances are you could win some $1UP in the process. Woot! Click here to check out the entries to the video intro contest started last week. Uptrennd now has a Subreddit as well. Starting this week, the crew will be publishing regular TA reports based on community votes. 1UP was voted for the first report. Blockport’s $BPT/$ETH trading pair was discontinued from KuCoin this week as requested by the project. The $BTC pairing will continue to operate on the exchanges. Click here to catch up on the latest district weekly from District0x.

And that’s a wrap for this week in Parachuteverse. See you again soon. Cheerio!
submitted by abhijoysarkar to ParachuteToken [link] [comments]

Large Enterprise Adoption of Blockchain is happening, enabled by Quant Network’s Overledger

Large Enterprise Adoption of Blockchain is happening, enabled by Quant Network’s Overledger
https://medium.com/@CryptoSeq/large-enterprise-adoption-of-blockchain-is-happening-enabled-by-quant-networks-overledger-32321b650115
This is Part Two in the mini-series looking at Quant Network. You can see Part One here as well as links to other articles at the bottom of this post.
Quant Network have achieved incredible levels of adoption since launching Overledger less than a year ago. Their growth strategy is to partner with multinational global organisations with huge amounts of employees to then host / implement / take Overledger to each of their own clients. So one Partnership, leads to exponentially more and is the fastest way to scale rather than trying to partner with each customer individually. This is how companies such as Oracle grew so fast and Microsoft with their Partner Network.
These are multinational global organisations with 100,000 + employees, this is the scale that we are working towards to take Overledger to the mass market. We can’t do it one by one in each country and sign them up but we can partner with someone that has 100 customers and they can take it to all their customers as well which helps with the adoption of our technology” — Gilbert Verdian
Let’s start with arguably the biggest partnership for any Blockchain company listed on Coinmarketcap, the leading Financial Network Provider in Europe, SIA.

SIA

  • Provide the leading Financial Network in Europe with more than 100 Tier 1 banks connected, 44 Trading venues (including the main international stock markets in Milan, Rome, London, Frankfurt and New York) and other financial institutions covering the entire trading process from pre-trading to post-trading
  • process 14 Billion institutional services transactions, 7.2 billion card transactions, 3 billion payments, 51.7 billion financial transactions and carried 1,204 terabytes of data on the network
  • SIA in partnership with Colt and SWIFT are the only two network providers awarded a 10 year tender commissioned by the European Central Bank for the provisioning of connectivity services allowing European central and commercial banks, central depositories, automated clearing houses and other payment service providers to connect directly to Eurosystem market infrastructures through a single access interface (Eurosystem Single Market Infrastructure Gateway — ESMIG).
  • SIA’s SIAchain is the leading blockchain architecture in Europe connecting 570 Banks, Central Banks, Trading Venues and other Financial Institutions using R3’s Corda, Permissioned variants of Ethereum and Hyperledger Fabric.
  • SIA have Integrated Overledger into the leading blockchain architecture in Europe SIAchain so that all of the 570 banks, Central Banks, Trading venues etc can benefit from Blockchain Interoperability.
“Since the European launch of our private infrastructure SIAchain, we are at the forefront of innovation in blockchain technology with the aim of supporting financial markets with a high-performance and secure architecture and a clear governance model. We actively continue on our path of innovation and the achievement of a fully interoperable blockchain network is the foremost objective we want to reach with the collaboration of Quant Network and its disruptive vision on DLT”, says Daniele Savarè, Innovation & Business Solutions Director, SIA.
https://youtu.be/0cNmGrLPoTo
So what we’ve done is instead of just announcing one client and one thing, we’re announcing that we’re working with SIA. So, SIA is the leading European payment infrastructure. And what we’re doing with SIA is interconnecting blockchain networks with SIA, and doing settlements, which are central bank settlements, with the central bank in Italy. So what Overledger is doing is we’re actually bringing blockchain and interoperability to all of SIA’s clients, which are 580 banks. So, Overledger could be rolled out to all these institutions, financial services, banks, at scale, and have interoperability to get the benefits of this.
To read more see my other article which goes into more details about SIA here
https://preview.redd.it/dbpfz3914pn31.png?width=1148&format=png&auto=webp&s=f9e6b3db87954f2e86a4ce2e060646fa440e8543

AX Trading

Quant Network are working with AX Trading to bring more digital assets, securities and tokenised assets to their existing 800 institutional traders in an already live and connected FINRA and SEC regulated exchange. AX Trading is not just about trading securities but other digital assets such as Bitcoin, Ethereum and potentially even Quant in the Future.
  • an SEC-registered broker-dealer and Alternative Trading System (ATS) Operator. They are a member of FINRA and SIPC regulated authorities.
  • Have investors and sponsored brokers such as Credit Suisse, (a multinational investment Bank and Financial services company worth $27.5 billion).
  • AX currently have over 800 Institutional traders (these are not individuals, but corporations such as hedge funds, banks, investment banks, pension funds, insurance companies, endowment funds etc).
  • AX Trading have also partnered with Euronext, the largest Stock Exchange in Europe with a market cap of $4.65 trillion as of 2018, in the creation of Euronext Block which utilises AX Trading.
  • This is a multi-trillion dollar market with huge global enterprises, traditional exchanges and global banks are all adopting DLT at a rapid pace and going into production at scale in a matter of months
Overledger a blockchain operating system, will enable universal interoperability for regulatory-compliant security tokens and digital assets to be traded on AX ATS, a regulated secondary trading market. AX intends to integrate Overledger to help foster the evolution of traditional capital markets infrastructure to facilitate the mass implementation of regulated digital assets. With the increased market adoption of digital assets and banking “coins” such as JPMorgan Coin, AX and Quant Network are at the forefront to enable the transferability and movement of digital assets
George O’Krepkie, AX CEO said: “we look forward to partnering with Quant. Their technology will allow our blockchain agnostic security token exchange to communicate seamlessly with issuers, traders, investors, and regulators across different blockchain protocols. This is a key technological breakthrough that will help us bring the benefits of security tokens to Main Street and Wall Street.”
To read more see my other article which goes into more details about Wall Street 2.0: Enabled by Quant Network’s Partnership with SEC & FINRA registered AX Trading here
https://preview.redd.it/on9hbjk54pn31.png?width=1286&format=png&auto=webp&s=ca9ed465376e483801cf87e8933f0e718be915b4

Oracle

  • Oracle are the second largest software company in the world, second only to Microsoft and worth $174.5 billion.
  • Quant Network are an Oracle Fintech Partner. Oracle are jointly going to market with Quant Network and taking Overledger directly to their 480,000 clients globally.
  • On the week commencing the 23rd September 2019 Quant Network and Oracle will be showcasing Overledger at the largest Financial event of the year SIBOS. SIBOS is a very exclusive financial services only event that only institutions that are connected to SWIFT can attend. The only 2 Blockchain firms attending are Quant Network and Ripple.
At Sibos 2019 Oracle is excited to feature 10 of our fintechs that have proven they are enterprise cloud ready and span a wide range of digital transformation themes including several available on Oracle’s Open Banking API ecosystem. Discover how you can accelerate your digital banking journey with a wide range of proven Oracle fintech solutions that meet the security, performance, and compliance needs for today’s Adaptive Bank — Oracle SIBOS 2019 Blockchain Enables Trustworthy Transactions The potential uses of blockchain technologies are seemingly endless, from providing easy access to online payments to creating connected economies. But one of blockchain’s standout promises is to automate trust by providing an incorruptible platform for transactions. Quant’s Overledger is the world’s first blockchain operating system. It’s designed to provide any network in the world with a gateway to all other blockchains, and therefore enable companies to develop new solutions by incorporating features from multiple blockchain applications. — https://blogs.oracle.com/startup/innovation-pays%3a-the-five-fintech-startups-making-money-more-interesting
https://preview.redd.it/bv0hxxr84pn31.png?width=1100&format=png&auto=webp&s=8e67dd4a7b23eae444ed1ed9e7f7bda972236280

Crowdz

  • Crowdz are the leading blockchain-based trade finance company
  • Headed by Cisco’s former global supply-chain leader
  • In business since 2014, with 270+ beta clients
  • partnered with Barclaycard, part of Barclays Bank, to integrate into their payment solutions
  • Recently received $5.5 million Series A Investment from Barclays Bank and BOLD Capital Partners, with additional investments coming from TFX Capital Partners, Techstars Ventures, and First Derivatives
  • In talks with the Korean Government about using their tech.
Payson Johnston, President and CEO of Crowdz, a Silicon Valley trade-finance and financial-technology company, stated that, “Although Crowdz uses the Ethereum blockchain as the foundation for our Invoice Auction Exchange, we have needed a solution that allows for invoices and other documents to be transferred from one blockchain to another — for example, among Hyperledger, Corda, and EOS. With the Overledger solution from Quant Network, it is now possible to pass data among different blockchains. Crowdz looks forward to working with Quant Network to enable the true multi-blockchain environment that our customers demand.”
You can read more about the announcement here

AuCloud and UKCloud

  • UKCloudX is the UK Sovereign High assurance cloud services designed for the UK’s most sensitive and mission critical systems from Defence, National Security to wider Government requirements.
  • AUCloud is Australia’s sovereign cloud Infrastructure-as-a-Service (IaaS) provider, exclusively focused on the Australian Government (Federal, State and Local) and Critical National Industry (CNI) communities.
  • AuCloud integrate Overledger onto the AUCloud platform to provide highly secure and interoperable Blockchain-as-a-Service for Australian Government and Defence and the critical national industries and supply chains that serve the nation.
Scott Wilkie, Director of AUCloud stated that Australian Government, Department of Defence and major industries are using or testing blockchain to interact with their supply chain, critical infrastructure, national record keeping and financial services. These organisations require the interoperable functionality that can only come with an operating system like Overledger and the security of the leading sovereign Australian cloud platform. Without Overledger, none of these projects or systems will be able to communicate with each other or enable cross party collaboration. Brad Bastow, CTO AUCloud (previously CTO Department of the Prime Minster & Cabinet) stated that “applying world leading blockchain technologies to enhancing the cyber security of cloud IaaS and PaaS can significantly improve the ease of adoption and reduces risks for all government users and citizens. We aim to bring the most effective and assured technologies as-a-Service and Quant Network have some of the most advanced blockchain technology in the world in this respect.”
You can read more about the announcement here

SIMBA Chain

  • A Cloud-based, smart-contract-as-a-service (SCaas) platform. enabling users across a variety of skill sets to implement DAPPs.
  • formed from a Defense Advanced Research Projects Agency (DARPA) grant in 2017 originally developed by ITAMCO and the University of Notre Dame
  • Awarded a grant from the Department of Energy to develop a platform for a blockchain solution for the solar energy market.
  • Their platform is available on Azure and are Microsoft Start Up Partners with a former Microsoft Global Exec Joining SIMBA Chain.
  • Some of their other partnerships include the Government Blockchain Association, Air Force Research Laboratory, Caterpillar, SAP and EY
  • Recently announced they are starting to develop on Quant Network’s Overledger to enable connection to all of the blockchains currently connected through Overledger and provide interoperability between them.
https://preview.redd.it/blpktdhc4pn31.png?width=438&format=png&auto=webp&s=ddf8bbad9bb1c2e32e84718b03fdac08e1f46663

https://preview.redd.it/lv7c8upd4pn31.png?width=1085&format=png&auto=webp&s=33c1b51f8b4b4479de99ac37ea4def67b348fe5e
https://youtu.be/u4ymv3AM_Us

AllianceBlock

  • an AI-powered decentralized investment and financing ecosystem, which allows corporates to quickly, cheaply and safely raise funds, whether it be equity, debt or tokens.
  • Selected as 1 of 15 Best Early-Stage startups at Money 20/20, Europe’s Largest Finetech Conference.
  • Joined Kickstart Innovation, one of Europe’s largest multi-corporate accelerators.
  • Joined Level39 Europe’s largest Fintech Accelerator
  • Partnered with Holochain, Elastos and Portugal Finlab
  • have more than 35 years combined experience in capital markets at top investment banks (Goldman, JP Morgan, Barclays…) and more than 10 years in AI, IT and software development (Barclays, VINCI, PostNL…).
“AllianceBlock will use Overledger to leverage multiple blockchains and create multi-chains token swaps. This partnership offers the possibility to open a new set of real-world applications leveraging different features from different chains. AllianceBlock is delighted about this partnership which will help blockchain projects and SMEs wield blockchain technology very easily” said Rachid Ajaja, Co-founder of AllianceBlock.

Jiangsu Huaxin Blockchain Institute

  • the first state-owned research hub dedicated to exploring blockchain technology for the Chinese Ministry of Commerce with over 100 employees.
  • high-tech R & D institution backed by the provincial government in Jiangsu, the second highest GDP grossing province in China
  • Backed by parent company Beijing Huaxin Electronics Enterprise Group, a conglomerate that has incubated and invested in numerous IT and telecommunications companies
  • China’s official institution for blockchain development, signed an agreement to collaborate on the development of innovations like distributed computing and quantum cryptography to revolutionize the next generation of distributed ledger technology (DLT) protocols.
  • Quant Network have signed a MoU for a 5 year cooperation

Atlantic Power Exchange

  • An Early Stage start-up developing P2P energy software enabling automated trading of green and sustainable electricity over the blockchain
  • Creating an Upstream Energy exchange which interconnects existing P2P exchanges (like PowerLedger, WePower, GridSingularity etc) to multiple stakeholders, suppliers and customers in Australia.
  • All Built on Overledger

Managing Director of Rockefeller Capital Joins the Board of Quant Network

  • Rockefeller Capital Management is a leading independent financial services firm led by President & Chief Executive Officer Gregory J. Fleming, offering global family office, wealth management, asset management and strategic advisory services to ultra-high-net-worth individuals, families, institutions and corporations
  • Rockefeller Capital Management manages over $19 Billion in Assets with the aim of expanding this to $100 billion within 5 years.
Guy Dietrich, Managing Director, Rockefeller Capital commented:
“I’m delighted to join the Board of Quant Network. This is an exceptional team of experienced professionals in the cybersecurity and blockchain industry.”
Guy Dietrich recently personally attended meetings with the UK’s Financial Conduct Authority (FCA) with Gilbert.

https://preview.redd.it/pko3capi4pn31.png?width=548&format=png&auto=webp&s=a200a3cb342a6ff848defcc94157cdee37c723af

International Organization for Standardization (ISO)

Gilbert Verdian is the founder of ISO TC 307, the global standard for Blockchain and Distributed Ledger Technologies which 55 countries are currently working towards. Gilbert is the chairman for the TC 307 Working Group for Interoperability of blockchain and distributed ledger technology systems

https://preview.redd.it/vfk2sgnk4pn31.png?width=1133&format=png&auto=webp&s=edd7ac8f51a9e08742f9754cec92cf1bcc0539ff

European’s Union INATBA

Quant Network is a founding member in the European Union’s launch of the International Association for Trusted Blockchain Applications (INATBA). Other members of INATBA include Accenture, Accord Project, Alastria,Banco Santander, BBVA, Consensys, Enterprise Ethereum Alliance, Fujitsu, IOTA, Ledger, SAP, SIA, Swift, Telefonica, We.Trade and many more. INATBA is a collaboration of 26 EU countries to develop EU blockchain regulation and prepare the launch of EU-wide blockchain applications

Pay.UK

  • Quant Network accepted as a company guarantor of Pay.UK, the UK’s largest payment network, alongside banks and other FinTech companies
  • Through this relationship, Quant Network will shape the payment ecosystem to promote competition, innovation and openness, as well as setting the strategic direction of the Payments infrastructure and adopting the New Payments Architecture (NPA).
https://preview.redd.it/e6v2eqom4pn31.png?width=438&format=png&auto=webp&s=87de79c1bf4a7a3207b5f9f17ee496da94662f54
You can read more about it here and here
https://preview.redd.it/10okaogo4pn31.png?width=1454&format=png&auto=webp&s=99f7696dd6994b74960d2d017cb06d97304221a4

MOBI

  • consortium for blockchain innovation in the mobility industry. The consortium was founded by leading automakers including Renault, Ford, GM, and BMW, and now represents more than 80 percent of global auto manufacturing by volume. Other members include Bosch, IBM, Cognizant, Accenture, Consensys, IOTA, R3, VeChain, Hyperledger, Ocean Protocol and Honda (Full list can be seen here)
  • Overledger operating system will enable interconnectivity and interoperability of data between manufacturers, devices, transportation and autonomous vehicles
https://preview.redd.it/9e6tfv9q4pn31.png?width=1138&format=png&auto=webp&s=29956ae26b72c0bae6d55c63945108e7a8dd2e0b

Hyperledger

  • Quant Network has joined Hyperledger where more than 270 organisations are now contributing to the growth of Hyperledger’s open source distributed ledger frameworks and tools. Some of the companies involved are Accentrue, Airbus, American Express, Baidu, Cisco, Deutsche Bank, DTCC, Fujitsu, Hitachi, IBM, Intel, J.P.Morgan, SAP, BBVA, Bosch, Deloitte, Fedex, Huawei, Lenovo, NTT Data, Oracle, PWC, R3, Ripple, Samsung, We.trade, Bank of England, Enterprise Ethereum Alliance, Federal Reserve, MOBI etc. Full list of members can be seen here.
  • Working with the Hyperledger Quilt team to enhance Blockchain Interoperability capability for Hyperledger members

Accord Project

  • The Accord Project is the organization for the development of techno-legal standards for smart legal contracts and distributed ledger applications in the legal industry
  • The Project operates in collaboration with IEEE, the International Association for Contract and Commercial Management, Hyperledger, R3, Decentralized Identity Foundation, and a number of leading trade associations, industry and standards organizations, and world leading law firms.
  • Quant Network have joined the Accord Project and are providing the Technology with Overledger and Treaty Contracts.
https://preview.redd.it/9o790gjs4pn31.png?width=1086&format=png&auto=webp&s=a5475b58acef6e9544236f2adcc6b6fb760c49e2

As well as many being worked on and yet to be publicly announced:

HCL Technologies

  • Indian Multinational IT Service and consulting company with offices in 44 countries and 137,000+ employees
  • Among the top 20 largest publicly traded companies in India with a market cap of $18.7 Billion and revenue of $9 billion.
  • Customers include 250 of the Fortune 500 and 650 of the Global 2000 companies.
we are really looking at ASIA, especially around Singapore, Hong Kong and we are working with partners to go there, just yesterday we had a meeting with a $8 billion company based in the ASIA region and they want to use Overledger for their clients and they are going to help us expand to that region, once we partner with the right bigger players
https://youtu.be/G1b9TX6rcuI
https://preview.redd.it/ac3f0yjv4pn31.png?width=827&format=png&auto=webp&s=dc1bfde0a476ee6ffbcb15284236dbb5d9d508e9

2 of the Big 4 Global Consultancy Firms are taking Quant Network’s Overledger to their clients.

The Big 4 Global Consultancy firms are huge and consist of Deloitte, PwC, EY and KPMG. They offer a range of services from offering consultancy advice on what to use, assisted prototyping right through to the delivery of production-ready enterprise solutions. Previously Gilbert was the Director of Cybersecurity at PwC and a Senior Manager of Security at EY plus Lara Verdian was the director for Deloitte Access Economics at Deloitte.
https://preview.redd.it/2hklfapx4pn31.png?width=697&format=png&auto=webp&s=d8181a12c888de00f4cbc6a4ff639697acc4deee
Quant Network are currently working with 2 of the above 4 global consultancy firms who are taking Overledger to their clients.

As well as many other consultancy firms:
https://preview.redd.it/usoyx5b15pn31.png?width=1215&format=png&auto=webp&s=a60b243d74e50dbc97ada380001f6f9396c8bb5b

Quant Health

  • Quant are working the Government of Armenia in Health, futureproofing the eHealth Strategy with Blockchain
https://preview.redd.it/7wkjbb045pn31.png?width=429&format=png&auto=webp&s=440f568ecb1ce8f587552e2e196b357c21f5592d
  • Working with huge Conglomerates to establish a new consortium in Healthcare
https://preview.redd.it/fbvia5r65pn31.png?width=1395&format=png&auto=webp&s=dfe009348deedb06844970d11d4b6a0d7e768ab1

Exchanges

They are also in talks with Traditional Exchanges such as the Swiss Stock Exchange SDX Platform and others as well as Large asset management firms
https://preview.redd.it/cn3ylk295pn31.png?width=1254&format=png&auto=webp&s=1b24c2088383aa5438b9d97bd54c34867b1cb137
As well as various Governments including the Australian Treasury with DATA61 regarding open banking and consumer data rights, the UK’s HMRC, Central Banks, Global companies in Korea, Insurance Companies, Airlines and Logistic companies.
https://preview.redd.it/t35ctv3b5pn31.png?width=1237&format=png&auto=webp&s=311762c9dbdc2755001b9b1a426dbe0206105574
It’s truly remarkable what they have achieved in such a short space of time, working non-stop all around the globe, working with enormous Global organisations, Leading Financial Institutions, Governments and Health. Quant Network is enabling the mass adoption of Blockchain, bridging all blockchains and offchain networks together (as well as plans to connect directly to the Internet) to achieve the true potential of this revolutionary technology.
In the last article of this mini-series I will take a closer look at the tokenomics of the QNT token and why there isn’t another utility token with as much value as QNT. With a tiny total supply of just 14.6 million QNT tokens, with no inflation, Supply reducing further as tokens are taken out circulation with licensing and strong demand / usage for the token, as well as minimum QNT holdings for wallets to benefit from Universal Interoperability.
Part One — Blockchain Fundamentals
Part Two — The Layers Of Overledger
Part Three — TrustTag and the Tokenisation of data
Part Four — Features Overledger provides to MAPPs
Part Five — Creating the Standards for Interoperability
Part Six — The Team behind Overledger and Partners
Part Seven — The QNT Token
Part Eight — Enabling Enterprise Mass Adoption
Quant Network Enabling Mass Adoption of Blockchain at a Rapid Pace
Quant Network Partner with SIA, A Game Changer for Mass Blockchain Adoption by Financial Institutions
Part One of this mini Series — What is a blockchain operating system and what are the benefits? Introducing Overledger from Quant Network
Wall Street 2.0: How Blockchain will revolutionise Wall Street and a closer look at Quant Network’s Partnership with AX Trading
submitted by xSeq22x to QuantNetwork [link] [comments]

Coinbase totally just robbed me. I'm looking for others

Some lunatic fee from 8 months ago and froze my entire account. Anyone else had problems with them? Anyone have mystery cancellations for purchases of BTC when the price rose? Anybody willing to swear to it on an affidavit?
Post your Coinbase dirty laundry here..
submitted by wuzamarine007 to Bitcoin [link] [comments]

Weekly Update: ParGas is live, 2gether at South Summit, $ETHOS rebrand, updated $1UP tokenomics... – 27 Sep - 3 Oct'19

Weekly Update: ParGas is live, 2gether at South Summit, $ETHOS rebrand, updated $1UP tokenomics... – 27 Sep - 3 Oct'19
Hi everyone! Here’s your week at Parachute + partners (27 Sep - 3 Oct'19):

ParGas went live this week. From now on, you will get an additional option to pay for gas in $PAR when making ERC20 withdrawals from ParJar. Epic! Read all about it here. In this week’s Parena, Samuel defeated Martha in a quick finale to take home the lion’s share of the 100k $PAR pot. The #PAR4PAR contest entered stage 4. 200k $PAR in prizes. Insane! In this week’s Tiproom trivias, Ridwan hosted a 10 question quiz for 25k $PAR in total. There was another Math trivia for 25k $PAR more. Sweet! Doc Victor hosted a Champions League wager for 50 participants with a 10k $PAR pool.
This PAR logo is entirely made using ASCII code. Courtesy: Jose

Tiproom #mememania winners. Alimam and Rogel were tied in 1st place
The winner of the USD 500 BTC aXpire contest was announced this week. Congratulations to yo*******[email protected]! Rohit and my article on how Big Co and Big Guv is using blockchain was published in Altcoin Magazine. Week 39 update from the aXpireverse can be seen here. The weekly 20k $AXPR burn went ahead like clockwork. The latest 2gether app update now allows you to send $BTC and $ETH from your account to any wallet. Noice! The team, in the midst of shifting offices, set up camp at South Summit where 2gether is one of the finalist startups. Click here, here and here for pictures. As a finalist at the Summit, CEO Ramon got the opportunity to deliver a pitch to attendees. Plus interviews by Emprendiendo.TV and Funontheride. Great! The WednesdayClub dApp continues to airdrop $WED tokens every Wednesday. Make sure to get in on the action.
Parachute HQ recently shifted to the WeWork Navy Yards in NYC. Beautiful
XIO’s Binance Dex listing proposal* was submitted this week. For listing on the Dex, all projects submit detailed proposals and answer questions from the Binance Node operator community who then evaluate and decide on the listing. Read more about it here. Plus, there’s a hint of an $XIO doubling opportunity in there. The full roadmap (XIO Atlas) was also released with the proposal. An updated promo video came out as well. $XIO distribution to the giveaway winners was completed this week. In this week's discussion threads, Zachary talks about leverage, ERC20-BEP2 bridge, XIO capital and how many native tokens will incubated startups share with XIO citizens. The $BOMB Instagram is now handled by the community. So the BOMB Board opened up a proposal form for opinions from the community on how best to manage it.
\[As shared in last update, the switch to Binance Chain has been shelved. $XIO will stay on Ethereum. But there will still be a token swap. Details will be shared in a later update]*
Two updates back we saw the WIP version. Here’s the full version of XIO Atlas
The $ETHOS token will be rebranding to Voyager ($VGX). The new token will be unveiled in November. Please note that there is no contract swap. This will simply be a rename. You can read more about it here. The bitcointalk Ann goes into even more details on the rebranded token’s use-cases. Understandably, there were lots of questions that came up. So the team arranged an AMA. If you missed it, check out the FAQ. Voyager also received investment from Thrust Capital through a private placement this week. Nice! Congratulations to Bounty0x for getting accepted to the Berkeley Blockchain Xcelerator program. This is huge! The latest update is a great summary the past quarter @Bounty0x – reaching minimum fund raise goal on Republic, new features like Admin Notes, $BNTY staking, integration with Bloom and KABN etc. Fantom hosted an AMA with G.Crypto this week. CMO Michael shared a formalised roadmap article as well to answer all “when” questions. Plus, click here for some cool pics from CryptoBazar Serial Hacking meetup which the $FTM team attended. Uptrenndians, don’t forget to read the $1UP tokenomics update. It explains how the token velocity will work in a way such that everyone gets an equal opportunity at stacking $1UPs no matter when they join. BTW, if you didn’t notice yet, Uptrenndian made it to the Urban Dictionary. You can vote to keep it there forever. Let’s go! One way to beat Monday morning blues is a healthy dose of Meme Mondays while watching the site climb up the Alexa rankings. Haha. And finally, the team announced a partnership with Xord who will work on the blockchain solutions on the platform.
Parachute investor deck sneak peek
Mycro conducted KYC for bounty hunters and started a campaign to stop fake entries. OST-backed Pepo app moved to the first live beta stage this week as a precursor to a formal beta launch and presentation at Ethereum DevCon5 in Osaka next week. The team also shared details of how to hop in for a free Shabu Shabu dinner and pub crawl for Pepo beta users at DevCon5. And on top of that, a massive bounty for sharing IRL experiences on Pepo. Dang! Another bounty for usability testing of Pepo with the UX Team was also launched. 3k $OST for each selected participant. Say what! The OST-backed LGBT token now has 4k+ users thanks to the Hornet app. Well done! SelfKey announced a partnership with social watching platform Livetree for providing them KYC compliance solutions during onboarding process. Make sure to read the post to find out how to get a 90-day free subscription on the platform. If you haven't yet watched Constellation advisor and former Sanrio CEO Ray Rehito Hatoyama's interview with Co-Founder Benjamin Jorgensen, you can read about it in The Daily Chain's detailed coverage. If you're a $DAG node operator, this tweet will be of interest to you. Hint: onboarding has started. Folks who missed Constellation's AMA with tehMoonwalkeR can catch up from the transcript. And finally, Arena Match hosted a flash giveaway. Eagle eyed fans got their hands on some sweet $AMGO!
Pepo ready to make waves at DevCon5
The month gone by at Opacity saw a 20% increase in new accounts and a ~20% return rate on the site. Read more performance metrics from CEO Jason’s round up article. This month will see a slew of new features like integrated gift card payments, plan upgrades, folder upload etc. A productive community doesn’t stop BUIDLing. Check out ImgOpq which is a community run imageboard that works with public Opacity handles. Fun! Catch up on the latest at District0x from the weekly and dev update. Plus, a shoutout to Ethlance from Jaide of Cryptalk was pretty cool. More partners joined the Hydro dApp store this week including Temporal, MESG and Colony. Hydrogen won the USA Nationals of the BBVA Open Talent Award which is one of the world’s largest fintech startup competitions. As a result, the team won the opportunity to present at the BBVA Open Summit in Madrid. Co-Founder Mike travelled to the World Blockchain Forum Conference in NYC to speak on Libra vs Hydro and data privacy. The South African Reserve Bank shortlisted Hydro for an accelerator programme in South Africa which will culminate in a Demo Day at the end of the month. Two winners from the Demo Day will be chosen who will get to pitch at the Singapore Fintech Festival and receive funding. Good Luck! To read a quick dev update, click here. The Sentivate community voted on whether to burn $SNTVT tokens or host a raffle. One way to participate in the vote was by signing a message through one’s wallet. How? Read this to find out. Chico Crypto’s deep dive interview with Founder Thomas Marchi was released this week. Continuing with last week’s discussion on universal domain system, this week we learned about how Domain Information Service works in the Universal Web.

And with that, it’s a close for this week at Parachute. Cheerio!
submitted by abhijoysarkar to ParachuteToken [link] [comments]

Has anyone ever thought of a new type of payment system 2

Has anyone ever thought of a new type of payment system 2

https://preview.redd.it/skvs6r0gvzz21.png?width=1958&format=png&auto=webp&s=b106fe9a7cc282cce9d5b2451cfad10601f43855
I have received a lot of feedback after my post "Has anyone ever thought of a new type of payment system?". Thanks to all of those who tried to analyse and set out their vision. Special thanks to those who doubted my competence and brought out their own understanding of the processes and entered into a dispute. And very special thanks to those few who used only accusations in scam and profanity as arguments - they made me understand that it is impossible to explain to everyone, no matter how hard you try. Nevertheless, thanks to the first two categories It became clear to me that the information presented in the article is incomplete and needs to be described in more detail, but of course, only to the first two categories.
Disclaimer
The chain of relationships listed below has been greatly simplified to facilitate understanding. Consciously omitted many things, the description of which would take a huge amount of space.
Introduction.
Majority who oppose technology do not look up to the future and, most importantly, have no idea about the past. Technologies are similar to science, innovation, they can frighten with their ideas and cause rejection in the beginning. After adoption, adherents become ardent followers and hardly recognise something new that goes against already established convictions. Bethink of Christianity - some tried to eradicate it, destroy it, burn Christians on fires, feed them to lions, killed unarmed people in gladiatorial battles. Later, Christianity itself has struggled with dissent - Galileo, Copernicus, Bruno. Examples that are closer to us in time are cars with internal combustion engines, telephone, radio, airplanes ... all these inventions met resistance at the stage of their appearance and caused a storm of ridicule and aversion and misunderstanding of the “use cases”. Not such a distant example with the advent of the Internet, when the web pages were so simple and uninformative that the majority of the population of the Earth simply did not take it seriously and, moreover, did not see its use. There are many such examples. And even the temporary absence of the “use cases” does not indicate the uselessness or irrelevance of the technology, it indicates that the world is not ready yet to apply the technology at the moment due to habits, beliefs, interests, and sometimes, incompetence. The topic of the blockchain and cryptocurrency in particular is susceptible to reproaches in the absence of its practical use, which is understandable due to the youth of the technology and its initial stage of formation and development. In addition, in some cases, the line should be drawn between the cryptocurrency and the blockchain technology itself, since the majority of people do not see the technology itself, but only its derivative in the form of a mass of coins, most of which are dummies and really have no application. But, nevertheless, even at the present stage of development of the blockchain technology, the talk about the lack of “use cases” indicates not owning information, well, or not wanting to see the obvious - merchants, Jaguar, Facebook...
All this applies to today's financial sector conditions. And that is obvious, because the technology of making payment via plastic cards comes from the 1950s. Several generations of people grew up on the existing system and have a long-established habit of using it. Several generations of banks earn huge amounts of money on commissions that customers pay. Several generations of companies providing these payments have changed leadership. Some have gone, and those who remain hold such strong positions and their profits are so huge that they have no reason to rejoice in large numbers for the technology - after all, they can shake their incomes, and the scale of these companies does not allow them to respond quickly to changing time. But even with this in mind, the interest of these companies in technology is obvious. Such pillars like VISA, MC, WU, Barklays, BBVA and many others either look for ways to introduce the blockchain technology or already use it. But, nevertheless, attempts to introduce the technology are still being applied to the existing payment system, credit, and financial relations. Now, I will introduce my own arguments and briefly describe essentially new approach to making payments.
Part One - "What are the existing payment systems and how do they work."
In today's payment system relations, there are six subjects:
  1. Client - buyer of the goods;
  2. Bank-Issuer, where the client keeps his money;
  3. Seller of the goods (Merchant), which accepts the client's card for payment;
  4. Bank Acquirer, where the Merchant keeps his account;
  5. Switch - payment system (PS) that connects the Issuer and Acquirer (for ease of understanding - VISA, Master Card, AMEX, Union Pay, etc);
  6. Processing center - an enterprise certified by the PS, which processes payments of the Bank-Acquire and Bank-Issuer;
  7. There are still various clearing and settlement centers) authorized by payment systems and local securities in different countries to carry out payment operations and perform clearing processes, i.e., reducing settlements between banks' balances, but we will omit them for simplicity of explanation and understanding, since these functions Centers can be performed by Bank-Equal and, in our example, to simplify the description.
Suppose that an American client, whose account is held in a certain American bank, came to Australia to buy coffee. He pays with his plastic card, putting it to the merchant's terminal (POS-terminal). Money from a client is in the account of an American bank, how does the Merchant receive it? POS-terminal Merchant belongs to the bank in which the Merchant holds its account in Bank Acquirer.
  1. The terminal reads the client card and sends information about it to Bank-Acquirer;
  2. Bank-Acquirer is not connected in any way with the Bank-Issuer, therefore, it cannot request directly the payment, and the transfer directly from America to Australia will not allow the client to enjoy hot coffee. Therefore, Bank-Acquirer asks the Processing Center about the availability of the required balance on the client's card;
  3. The processing center requests Switch for the availability of the required balance on the client card;
  4. Switch contacts the Bank-Issuer and requests the availability of the necessary balance on the client's account;
  5. Bank-Issuer confirms to Switch the existence of the required balance (or does not confirm, then the refusal of the transaction occurs);
  6. Switch confirms to the Processing Center the presence of the required balance on the client’s card (account) and gives a signal to the terminal to confirm the payment;
  7. The processing center confirms to the Bank-Acquirer the existence of the necessary balance on the client’s card (account) and gives a signal to the terminal to confirm the payment;
  8. The client has paid and he leaves satisfied;
  9. Bank-Acquirer transfers the sum of purchase to the merchant's account;
  10. The Bank-Acquirer transfers information about the payment made to the Processing Center and issues a claim for compensation of the payment amount;
  11. The processing center transfers information about the payment the Bank-Acquirer made to Switch, since, in fact, the Bank-Acquire has transferred the money to its merchant;
  12. Switch pays from its funds to the Bank-Acquire (for simplicity of explanation, we omit here the clearing system of settlements through authorized clearing centers (in fact, the process is much more complicated);
  13. Switch bills the Bank-Issuer (for simplicity of explanation, we omit here the clearing system of settlements through authorized clearing centers (in fact, the process is much more complicated);
  14. Bank Issuer paid to Switch (for simplicity of explanation, we omit here the clearing system of settlements through authorized clearing centers (in fact, the process is much more complicated)
We can introduce scheme:

Traditional processing scheme
Switch is an intermediary between all the parties of the entire system and receives a commission for all transactions. Who can even imagine the infrastructure setting expenses to operate the processes of settlement analysis, comply with the requirements of KYC / AML, match modern safety requirementsfor the launching of data centers around the world. Of course, commission is the source to operate.
For ease of explanation, we imagine that the Switch is the processing center.
Conceptually, costs can be divided into Organizational and Technical
  1. Organizational:
  • creating jobs for staff of specialists, most of which are expensive: system administrators, engineers, 24 hrs. support services and an authorization center;
  • making decisions of the placement of software and hardware systems. Organization of your own premise(s) or placement of your software and hardware systems in the premises of a third-party company (outsourcer);
  • development of a system for controlling access to the premise(s) of the processing center, including such procedures as: organizing access monitoring, employees to the processing center premises, developing work procedures in high-security areas, etc .;
  • making a decision on the choice of the supplier of software necessary for building a processing center certified by an appropriate payment system;
  • deciding on the choice of suppliers of related services (for example, courier services and / or gateways for sending SMS or PUSH messages, and the subsequent construction of contractual and working relations with it;
  • development, coordination and implementation of procedures for correct work with cryptographic equipment and quantities, and issuance of domestic regulations governing the work of security officers (security officers);
  1. Technical:
  • The purchase of hardware (system units, hard drives, RAM (random access memory, Does RAM), uninterruptible and backup power supplies, racks, etc.),
  • the purchase of the server software (operating systems, database systems, etc.), including license fees vendors of such software,
  • the purchase of cryptographic equipment necessary for the generation and correct processing of operations on cryptographic values, such as CVV or CVC;
  • information security solutions (ensuring compliance with the requirements of PCI DSS, federal laws, protection document management systems);
And such (all of the above) costs must be borne constantly, if we are talking about expanding your presence. Switch (processing centers) can cover these costs only with a part of the commission for the implementation of monetary transactions, which is borne by the other participants in payment relations.
Since the recipient of the client’s money is ultimately the merchant (seller / trader), it is logical that the entire amount of the commission is charged to him. This commission is called Interchange Fee (hereinafter - IF), it can be from 0.7% to 5% depending on the riskiness of operations. For example, an ordinary store, on average, pays 1.5% of IF, while, for example, an online store can pay 5%.
It is noteworthy that for the client this commission is not visible and in 90% of cases he does not even know about it. Such a commission is included in the price of the goods. That is, by selling you a product for $ 100, the Merchant will receive (if he pays IF = 2.24%) $ 97.76. The Switch distributes these $ 2.24 between the participants as follows:
Traditional Processing (TP)
Consumer pays$ 100.00Overall Fee$ 2.24Issuer Receives$ 1.80Acquirer Receives$ 0.31Visa Receive$ 0.13Merchant Receives$ 97.76
o we pulled how the current payment system functions. Now, in detail about how this can function using blockchain technology.
Part 2 - “New payment system and how it works.”
One of the main significant achievements of blockchain technology is excluding of intermediaries. In the field of finance, this gives special advantages — cost savings.
A new type of payment systems based on blockchain can successfully use this advantage. Naturally, there are necessary assumptions for the use of this technology in the financial sphere:
  1. It is necessary that the two contractors and the Merchant are in the same blockchain;
  2. Merchant must have a POS terminal transmitting information to the blockchain;
  3. Banks must open clients wallets and implement data exchange between blockchain and ABS (automated banking system) of the bank,
  4. In order to comply with the requirements of KYC / AML, private keys are kept by the bank;
  5. Must be a blockchain base Switch to physically conduct clearing of payments between the Merchant and the Issuing Bank.
Just as in the situation above with our American customer buying coffee in Australia: the same American and Australian banks, but they are in the same blockchain. It is convenient to send just cryptocurrency, of course, but the question immediately arises - “Why does the Merchant need it and what will it do with it? How will he solve the issue of currency fluctuations? ”Immediately make a reservation that I will not describe the technology here thoroughly, since this is a commercial secret, but briefly, I will describe the principle of operation.
So, two banks are in the same blockchain. In the blockchain, there is a special protocol implemented that allows to “mirror” the client fiat accounts to the blockchain, thus, the exchange of information between the client’s account and the blockchain takes place on an ongoing basis.
  1. The client brings the card to the merchant's terminal; the terminal requests the availability of the required amount in the blockchain. If the required amount is available (if not - decline), the protocol starts the transaction, which the client confirms (fingerprint);
  2. The Fiat amount on the client’s account of the Bank-Issuer is held by the Bank (thus collaterizing the amount of cryptocurrency to be transferred);
  3. The required, “mirror” amount in cryptocurrency is transferred to the Merchant's wallet;
  4. Merchant's wallet, having received the transaction, sends information to the Merchant Terminal, payment is accepted;
  5. The American enjoys coffee. Now, the Merchant has a cryptocurrency on the wallet, Bank-Issuer hold amount in fiat currency;
  6. Switch (the very same payment system), “buys” the cryptocurrency for the Australian dollar from the Merchant in Australia, in America, the Bank-Issuer transfers Switch a collaterized amount of USD.
Again, for ease of explanation, I omit some points that accompany the clearing process.
The scheme of the work of the new payment system can be represented as follows:

Decentralized Processing scheme

What is the advantage?
  1. Switch can set the price for its services significantly lower than existing today, because it saves on the entire infrastructure - hardware, data centers, personnel.
  2. The Bank-Acquirer does not lend, in fact, the Merchant’s account, so its remuneration can be significantly reduced. In addition, in this chain of relations Bank-Acquirer is not needed at all, because the Merchant can hold an account immediately in the Switch;
  3. There is no need to create processing centers, which means that you do not need to bear the costs of creating infrastructure;
  4. The cost of the transaction in the blockchain network is from $ 0.01- $ 0,05;
  5. Transaction time - from 1 to 5 seconds;
In numbers, everything looks like this:
Decentralized Processing (DP)SavingConsumer pays$ 100.00Overall Fee$ 0.650-70.98%Issuer Receives$ 0.35Acquirer Receives$ 0.30Switch$ 0.13Merchant Receives$ 99.22-65.18%
The savings in the process are obvious! The merchant receives 65.18% more money on his account. Bank-Acquirer receives almost as much as in the scheme with traditional processing. The Bank-Issuer receives less remuneration, but under a scheme with decentralized processing, it bears much less expenses on security of payments, payment verification, customer verification, respectively, personnel costs, which always constitute the bulk of costs, decrease.
Conclusion.
In addition to the above economic factors, a new type of payment system has another, perhaps one of the most important advantages compared to traditional PS - to provide an infrastructure for the issuing of plastic cards for issuing banks is much cheaper than traditional PS.
The main problem that the new PS will face is the speed of processing payments. VISA today can handle 150 million transactions per day or 1,700 transactions per second with the possibility of securing up to 24,000 transactions per second. Until a certain time, no public blockchain could solve this problem. Now, compared to the published data on the speed of other blockchains on main net, NeuronChain can confidently claim 2nd place at its speed of 100,000 tps, so this issue is no longer a deterrent.
Of course, to implement the payment relations described above, it is necessary to do a great deal of work, not only on the IT part, but also on technical and legal issues, to spend tremendous efforts on marketing and explaining the processes of the participants in the relationship. But impossible is nothing. In any case, the blockchain technology gives us this opportunity.
submitted by neuronchain to NeuronChain [link] [comments]

Has anyone ever thought of a new type of payment system - 2

Has anyone ever thought of a new type of payment system - 2

https://preview.redd.it/joq0knsisvx21.png?width=1958&format=png&auto=webp&s=fa6c9f6cce01bd413fc961fe54bb9f950e274112
I have received a lot of feedback after my post "Has anyone ever thought of a new type of payment system?". Thanks to all of those who tried to analyse and set out their vision. Special thanks to those who doubted my competence and brought out their own understanding of the processes and entered into a dispute. And very special thanks to those few who used only accusations in scam and profanity as arguments - they made me understand that it is impossible to explain to everyone, no matter how hard you try. Nevertheless, thanks to the first two categories It became clear to me that the information presented in the article is incomplete and needs to be described in more detail, but of course, only to the first two categories.
Disclaimer
The chain of relationships listed below has been greatly simplified to facilitate understanding. Consciously omitted many things, the description of which would take a huge amount of space.
Introduction.
Majority who oppose technology do not look up to the future and, most importantly, have no idea about the past. Technologies are similar to science, innovation, they can frighten with their ideas and cause rejection in the beginning. After adoption, adherents become ardent followers and hardly recognise something new that goes against already established convictions. Bethink of Christianity - some tried to eradicate it, destroy it, burn Christians on fires, feed them to lions, killed unarmed people in gladiatorial battles. Later, Christianity itself has struggled with dissent - Galileo, Copernicus, Bruno. Examples that are closer to us in time are cars with internal combustion engines, telephone, radio, airplanes ... all these inventions met resistance at the stage of their appearance and caused a storm of ridicule and aversion and misunderstanding of the “use cases”. Not such a distant example with the advent of the Internet, when the web pages were so simple and uninformative that the majority of the population of the Earth simply did not take it seriously and, moreover, did not see its use. There are many such examples. And even the temporary absence of the “use cases” does not indicate the uselessness or irrelevance of the technology, it indicates that the world is not ready yet to apply the technology at the moment due to habits, beliefs, interests, and sometimes, incompetence. The topic of the blockchain and cryptocurrency in particular is susceptible to reproaches in the absence of its practical use, which is understandable due to the youth of the technology and its initial stage of formation and development. In addition, in some cases, the line should be drawn between the cryptocurrency and the blockchain technology itself, since the majority of people do not see the technology itself, but only its derivative in the form of a mass of coins, most of which are dummies and really have no application. But, nevertheless, even at the present stage of development of the blockchain technology, the talk about the lack of “use cases” indicates not owning information, well, or not wanting to see the obvious - merchants, Jaguar, Facebook...
All this applies to today's financial sector conditions. And that is obvious, because the technology of making payment via plastic cards comes from the 1950s. Several generations of people grew up on the existing system and have a long-established habit of using it. Several generations of banks earn huge amounts of money on commissions that customers pay. Several generations of companies providing these payments have changed leadership. Some have gone, and those who remain hold such strong positions and their profits are so huge that they have no reason to rejoice in large numbers for the technology - after all, they can shake their incomes, and the scale of these companies does not allow them to respond quickly to changing time. But even with this in mind, the interest of these companies in technology is obvious. Such pillars like VISA, MC, WU, Barklays, BBVA and many others either look for ways to introduce the blockchain technology or already use it. But, nevertheless, attempts to introduce the technology are still being applied to the existing payment system, credit, and financial relations. Now, I will introduce my own arguments and briefly describe essentially new approach to making payments.
Part One - "What are the existing payment systems and how do they work."
In today's payment system relations, there are six subjects:
  1. Client - buyer of the goods;
  2. Bank-Issuer, where the client keeps his money;
  3. Seller of the goods (Merchant), which accepts the client's card for payment;
  4. Bank Acquirer, where the Merchant keeps his account;
  5. Switch - payment system (PS) that connects the Issuer and Acquirer (for ease of understanding - VISA, Master Card, AMEX, Union Pay, etc);
  6. Processing center - an enterprise certified by the PS, which processes payments of the Bank-Acquire and Bank-Issuer;
  7. There are still various clearing and settlement centers) authorized by payment systems and local securities in different countries to carry out payment operations and perform clearing processes, i.e., reducing settlements between banks' balances, but we will omit them for simplicity of explanation and understanding, since these functions can be performed by Bank-Acquirer and, in our example, to simplify the description).
Suppose that an American client, whose account is held in a certain American bank, came to Australia to buy coffee. He pays with his plastic card, putting it to the merchant's terminal (POS-terminal). Money from a client is in the account of an American bank, how does the Merchant receive it? POS-terminal Merchant belongs to the bank in which the Merchant holds its account in Bank-Acquirer.
  1. The terminal reads the client card and sends information about it to Bank-Acquirer;
  2. Bank-Acquirer is not connected in any way with the Bank-Issuer, therefore, it cannot request directly the payment, and the transfer directly from America to Australia will not allow the client to enjoy hot coffee. Therefore, Bank-Acquirer asks the Processing Center about the availability of the required balance on the client's card;
  3. The processing center requests Switch for the availability of the required balance on the client card;
  4. Switch contacts the Bank-Issuer and requests the availability of the necessary balance on the client's account;
  5. Bank-Issuer confirms to Switch the existence of the required balance (or does not confirm, then the refusal of the transaction occurs);
  6. Switch confirms to the Processing Center the presence of the required balance on the client’s card (account) and gives a signal to the terminal to confirm the payment;
  7. The processing center confirms to the Bank-Acquirer the existence of the necessary balance on the client’s card (account) and gives a signal to the terminal to confirm the payment;
  8. The client has paid and he leaves satisfied;
  9. Bank-Acquirer transfers the sum of purchase to the merchant's account;
  10. The Bank-Acquirer transfers information about the payment made to the Processing Center and issues a claim for compensation of the payment amount;
  11. The processing center transfers information about the payment the Bank-Acquirer made to Switch, since, in fact, the Bank-Acquire has transferred the money to its merchant;
  12. Switch pays from its funds to the Bank-Acquire (for simplicity of explanation, we omit here the clearing system of settlements through authorized clearing centers (in fact, the process is much more complicated);
  13. Switch bills the Bank-Issuer (for simplicity of explanation, we omit here the clearing system of settlements through authorized clearing centers (in fact, the process is much more complicated);
  14. Bank Issuer paid to Switch (for simplicity of explanation, we omit here the clearing system of settlements through authorized clearing centers (in fact, the process is much more complicated)
We can introduce scheme:

Traditional Processing scheme
Switch is an intermediary between all the parties of the entire system and receives a commission for all transactions. Who can even imagine the infrastructure launching expenses to operate the processes of settlement analysis, comply with the requirements of KYC / AML, match modern safety requirements for the launching of data centers around the world. Of course, commission is the source to do it.
For ease of explanation, we imagine that the Switch is the processing center.
Conceptually, costs can be divided into Organizational and Technical
  1. Organizational:
  • creating jobs for staff of specialists, most of which are expensive: system administrators, engineers, 24 hrs. support services and an authorization center;
  • making decisions of the placement of software and hardware systems. Organization of your own premise(s) or placement of your software and hardware systems in the premises of a third-party company (outsourcer);
  • development of a system for controlling access to the premise(s) of the processing center, including such procedures as: organizing access monitoring, employees to the processing center premises, developing work procedures in high-security areas, etc;
  • making a decision on the choice of the supplier of software necessary for building a processing center certified by an appropriate payment system;
  • deciding on the choice of suppliers of related services (for example, courier services and / or gateways for sending SMS or PUSH messages, and the subsequent construction of contractual and working relations with it;
  • development, coordination and implementation of procedures for correct work with cryptographic equipment and quantities, and issuance of domestic regulations governing the work of security officers (security officers);
  1. Technical:
  • The purchase of hardware (system units, hard drives, RAM (random access memory, Does RAM), uninterruptible and backup power supplies, racks, etc.),
  • the purchase of the server software (operating systems, database systems, etc.), including license fees vendors of such software,
  • the purchase of cryptographic equipment necessary for the generation and correct processing of operations on cryptographic values, such as CVV or CVC;
  • information security solutions (ensuring compliance with the requirements of PCI DSS, federal laws, protection document management systems);
And such (all of the above) costs must be borne constantly, if we are talking about expanding your presence. Switch (processing centers) can cover these costs only with a part of the commission for the implementation of monetary transactions, which is borne by the other participants in payment relations.
Since the recipient of the client’s money is ultimately the merchant (seller / trader), it is logical that the entire amount of the commission is charged to him. This commission is called Interchange Fee (hereinafter - IF), it can be from 0.7% to 5% depending on the riskiness of operations. For example, an ordinary store, on average, pays 1.5% of IF, while, for example, an online store can pay 5%.
It is noteworthy that for the client this commission is not visible and in 90% of cases he does not even know about it. Such a commission is included in the price of the goods. That is, by selling you a product for $ 100, the Merchant will receive (if he pays IF = 2.24%) $ 97.76. The Switch distributes these $ 2.24 between the participants as follows:

Traditional Processing Sum
Consumer pays $ 100.00
Overall Fee $ 2.24
Issuer Receives $ 1.80
Acquirer Receives $ 0.31
Visa Receives $ 0.13
Merchant Receives $ 97.76
So we pulled how the current payment system functions. Now, in detail about how this can function using blockchain technology.
Part 2 - “New payment system and how it works.”
One of the main significant achievements of blockchain technology is excluding of intermediaries. In the field of finance, this gives special advantages — cost savings.
A new type of payment systems based on blockchain can successfully use this advantage. Naturally, there are necessary assumptions for the use of this technology in the financial sphere:
  1. It is necessary that the two contractors and the Merchant are in the same blockchain;
  2. Merchant must have a POS terminal transmitting information to the blockchain;
  3. Banks must open clients wallets and implement data exchange between blockchain and ABS (automated banking system) of the bank,
  4. In order to comply with the requirements of KYC / AML, private keys are kept by the bank;
  5. Must be a blockchain base Switch to physically conduct clearing of payments between the Merchant and the Issuing Bank.
Just as in the situation above with our American customer buying coffee in Australia: the same American and Australian banks, but they are in the same blockchain. It is convenient to send just cryptocurrency, of course, but the question immediately arises - “Why does the Merchant need it and what will it do with it? How will he solve the issue of currency fluctuations? ”Immediately make a reservation that I will not describe the technology here thoroughly, since this is a commercial secret, but briefly, I will describe the principle of operation.
So, two banks are in the same blockchain. In the blockchain, there is a special protocol implemented that allows to “mirror” the client fiat accounts to the blockchain, thus, the exchange of information between the client’s account and the blockchain takes place on an ongoing basis.
  1. The client brings the card to the merchant's terminal; the terminal requests the availability of the required amount in the blockchain. If the required amount is available (if not - decline), the protocol starts the transaction, which the client confirms (fingerprint);
  2. The Fiat amount on the client’s account of the Bank-Issuer is held by the Bank (thus collaterizing the amount of cryptocurrency to be transferred);
  3. The required, “mirror” amount in cryptocurrency is transferred to the Merchant's wallet;
  4. Merchant's wallet, having received the transaction, sends information to the Merchant Terminal, payment is accepted;
  5. The American enjoys coffee. Now, the Merchant has a cryptocurrency on the wallet, Bank-Issuer hold amount in fiat currency;
  6. Switch (the very same payment system), “buys” the cryptocurrency for the Australian dollar from the Merchant in Australia, in America, the Bank-Issuer transfers Switch a collaterized amount of USD.
Again, for ease of explanation, I omit some points that accompany the clearing process.
The scheme of the work of the new payment system can be represented as follows:

Decentralized Processing scheme

What is the advantage?
  1. Switch can set the price for its services significantly lower than existing today, because it saves on the entire infrastructure - hardware, data centers, personnel.
  2. The Bank-Acquirer does not lend, in fact, the Merchant’s account, so its remuneration can be significantly reduced. In addition, in this chain of relations Bank-Acquirer is not needed at all, because the Merchant can hold an account immediately in the Switch;
  3. There is no need to create processing centers, which means that you do not need to bear the costs of creating infrastructure;
  4. The cost of the transaction in the blockchain network is from $ 0.01- $ 0,05;
  5. Transaction time - from 1 to 5 seconds;
In numbers, everything looks like this:

Decentralized Processing (DP) Sum Saving
Consumer pays $ 100.00
Overall Fee $ 0.650 -70.98%
Issuer Receives $ 0.35
Acquirer Receives $ 0.30
Switch $ 0.13
Merchant Receives $ 99.22 -65.18%

The savings in the process are obvious! The merchant receives 65.18% more money on his account. Bank-Acquirer receives almost as much as in the scheme with traditional processing. The Bank-Issuer receives less remuneration, but under a scheme with decentralized processing, it bears much less expenses on security of payments, payment verification, customer verification, respectively, personnel costs, which always constitute the bulk of costs, decrease.
Conclusion.
In addition to the above economic factors, a new type of payment system has another, perhaps one of the most important advantages compared to traditional PS - to provide an infrastructure for the issuing of plastic cards for issuing banks is much cheaper than traditional PS.
The main problem that the new PS will face is the speed of processing payments. VISA today can handle 150 million transactions per day or 1,700 transactions per second with the possibility of securing up to 24,000 transactions per second. Until a certain time, no public blockchain could solve this problem. Now, compared to the published data on the speed of other blockchains on main net, NeuronChain can confidently claim 2nd place at its speed of 100,000 tps, so this issue is no longer a deterrent.
Of course, to implement the payment relations described above, it is necessary to do a great deal of work, not only on the IT part, but also on technical and legal issues, to spend tremendous efforts on marketing and explaining the processes of the participants in the relationship. But impossible is nothing. In any case, the blockchain technology gives us this opportunity.
Join us -
https://t.me/neuronchain
https://twitter.com/neuronchain
https://medium.com/@neuronchain
https://steemit.com/@neuronchain
https: //www.facebook. com / NeuronChain /
https://www.instagram.com/neuronchain/
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BiblePay Homeless Ministries

Biblepay for the Homeless by webster22
Look what someone has experimented with https://www.youtube.com/watch?v=ZvHicsIN8J4
Imagine mining to help homeless people with real items they need. Delivered anonymously or ministered in person! Delivered within hours!
At a minimum let us think of items the homeless need. And add it to the store catalog My list so far: - sleeping bags - blankets - socks / beanies - small cooking kits
"And if anyone gives even a cup of cold water to one of these little ones because he is My disciple, truly I tell you, he will never lose his reward."
"One who is gracious to a poor man lends to the LORD, And He will repay him for his good deed."
I have started a spreadsheet with items here. https://docs.google.com/spreadsheets/d/e/2PACX-1vRWYH3gi6tMJlkMJWuC4NNxPMYFi6CUCCIFq1kXpH_2xDCUXu_FhNgEUTlkzfmldJEFGH3un82nOwnk/pubhtml
Please post suggested links here. Include: - product name - amazon id - amazon link
"Just out of curiosity, I wonder if we should offer moving blankets for sale from the wallet? Wouldnt it be better to get 5 for the price of $14 and help 5 homeless people? We could offer both: https://www.amazon.com/dp/B01EX3A87O" -Rob
"I would say stay away from bulky items. Keep in mind being homeless means
  • You can not store your things safely anywhere (you stash them in bushes)
  • You are told to move whenever you are 'caught' sleeping somewhere
  • Nice things bring comfort. A NICE blanket can make all the difference when you have nothing
So think about what you could reasonably store in a backpack that you have to live out of" -webster22
❤️ Biblepay Homeless Ministries ❤️ http://a.co/4hRARlR
Bitcoin $100,000?? To the moon?? Lambos??? We mine, we trade, we hope for our ticket to crypto paradise. But what about those without? What about the kingdom of Heaven??

What about the poor? What about the homeless? They of course suffer.

Blessed are the poor in spirit, for theirs is the kingdom of heaven. Blessed are the meek, for they will inherit the land. Blessed are they who hunger and thirst for righteousness, for they will be satisfied. Blessed are the merciful, for they will be shown mercy. Blessed are the clean of heart, for they will see God. Blessed are the peacemakers, for they will be called children of God. Blessed are they who are persecuted for the sake of righteousness, for theirs is the kingdom of heaven.

❤️ Biblepay Homeless Ministry ❤️ is a project inspired to help this group.

Biblepay is already mining for orphans. Let us also mine for the homeless For the forgotten, the ignored, and the castaway.

We can bring them hope and comfort in a very real way. How? By spending Biblepay on items of real need

Find those in need around you. Talk to them. Ask them. Then come back again. And surprise them with the gift of Biblepay giving.

This amazon list is a starting point. http://a.co/4hRARlR

Lets add them to the Biblepay store. And think of more

We can make this vision happen. Look at this video. We can do this at scale with Biblepay mining! https://www.youtube.com/watch?v=8oKl_qDJHt4

P.S - Add your item ideas in reply to this. I will find a way soon to make spreadsheet to make it easer to add for everyone
Phase 1 - Needs analysis - Research items that the homeless need. Fundamental human needs like shelter, warmth, food, sanitation, and above all SCRIPTURE - Add items to current Biblepay store
Phase 2 - Outreach - Sponsor a homeless person I just cant use that label. They are real persons! so... - Sponsor John, or Jane, or Eli, etc. Make friends with them. Provide for them. Minister to them to them
Phase 3 - Automate - Biblepay to anonymous prime now delivery would be ideal - Find ways to not game system.
Something to keep in mind - A lot of homeless do have phones. So could be a new way to tip them?
"Rob - Is the amazon ideas format efficient for you? Or do you need a spreadsheet with amazonid or ISBN? Let me know what works best for updating the products list in the store"
"No this is good, we actually use the alphanumeric code that you have in the sheet right after the first part of the URL so this is good. I would like to add the products for the homeless to the actual wallet! (And the store). Then anyone with a biblepay wallet can buy a homeless item directly from the wallet." -Rob
"Can you drop ship to an amazon locker? Or some other way of anonymous delivery? I could really use a nice blanket. Its COLD here!!" -webster22
Actually, I think we can ship to an amazon locker. I dont mind paying for the blanket if someone out here wants to ship it from their wallet to him.
It looks like if we enter the amazon locker info in our wallet: Amazon Locker - Erika 2631 Cross Timbers Rd, at BBVA, Flower Mound TX 75028-2717
We can then ship an AWS item paid in BiblePay to Webster.
Webster what address do you want this to go to? IE what locker, full name and address? And what is your contact name?
"Cool! Thing is I think amazon locker requires a phone for texting - I think. I do not have one ATM. Let me see how it can work. This will be awesome!
So, the obvious question, how about the user enters his own product id? Then we can order computer eq, or anything from amazon. right?"
Bear with me .. reading all about it so no wasted money/effort. Ideal scenario you can gift me anonymously. And me without a phone . Just email access.
Even for a trully homeless person this would work. You can print out the email receipt and give it to someone. They can pick it up at the locker.
I added these products to our in-wallet e-commerce system: https://docs.google.com/spreadsheets/d/e/2PACX-1vRWYH3gi6tMJlkMJWuC4NNxPMYFi6CUCCIFq1kXpH_2xDCUXu_FhNgEUTlkzfmldJEFGH3un82nOwnk/pubhtml
Now you can type:
exec listproducts 
And see them, and buy one in-wallet if you want. These are also available from the pool for purchase.
Regarding purchasing user driven ad-hoc items individually: Not yet.
Regarding requiring texting to send an item to a locker: I dont know. All I know is one of our users can enter the full name address and contact info in and ship an item to a locker. Then it would be up to you to provide the correct name and tracking # to the locker to pick it up. You might want to check out the policies with amazon first before we try.
Regarding buying a wool blanket: Ill pay for it if you need one- but please work with a volunteer here who will set it up to ship for you and then I will reimburse the volunteer with the bbp. (It may be best to ship it to a friend while you help us investigate the intricacies of locker shipping. We can guinea pig a smaller test item to a locker, like our NKJV bible).
I agree. Very kind offer for the blanket brother. But it wont fit in the locker
Yes for history sake the first item would have to be a Bible Duh. Though I have so many. Id settle for this smaller item https://www.amazon.com/Super-Giant-Print-Dictionary-Concordance/dp/0805494928/
Reading the full details. I think all that is required for actual pick up is an email address. So contact info could be Mr Potatoe and Locker street address, and contact email.
Then amazon emails me the pin number. There are no id requirements.
Thats OK we dont want to ship you a bible if you already have too many, and Im not entirely sure how many people will buy that more expensive bible, so please, just come up with another productID that is useful that fits in a locker, and we can test it with that.
Regarding the e-mail, Im not sure the user is going to be providing an email. We can have our volunteer attempt to buy you this other product and see what happens each step of the way. Maybe we can put a secret code in some part of our AWS process, but right now, the e-mail is not part of that process at all. I would like to know if the recipient name can be used when picking it up with the tracking # only. Our user wont be receiving a pin in the email or any email from biblepay. They will have some order info and a tracking # in their RPC console though.
I think the way it works is
  • Someone places an order on amazon
  • In shipping, they select the locker
  • Amazon ships the item to locker
  • Amazon emails customer a pin code.
  • Customer enters code at locker to open it.
https://www.amazon.com/gp/help/customedisplay.html?nodeId=201910660 https://www.amazon.com/gp/help/customedisplay.html/ref=hp_left_v4_sib?ie=UTF8&nodeId=202052120
So the system would have to trigger this on the Amazon side
6 pair of wool socks. Very useful for anyone homeless or not https://www.amazon.com/dp/B0192BWXKM I cant message till tomorrow. So I can send you the locker location, an email, and a contact name.
Webster, unfortunately the first package sent to the amazon locker in West LA was lost by the carrier. Im on the phone with them now and they are refunding me. Lets pray for Webster that he receives an unexpected windfall. Also, one other problem: the socks were delayed until next Wednesday.
References: https://bitcointalk.org/index.php?topic=2388064.msg26548979#msg26548979 https://bitcointalk.org/index.php?topic=2388064.msg26553193#msg26553193 https://bitcointalk.org/index.php?topic=2388064.msg26553557#msg26553557 https://bitcointalk.org/index.php?topic=2388064.msg26573543#msg26573543 https://bitcointalk.org/index.php?topic=2388064.msg26574699#msg26574699 https://bitcointalk.org/index.php?topic=2388064.msg26577031#msg26577031 https://bitcointalk.org/index.php?topic=2388064.msg26577096#msg26577096 https://bitcointalk.org/index.php?topic=2388064.msg26577324#msg26577324 https://bitcointalk.org/index.php?topic=2388064.msg26577426#msg26577426 https://bitcointalk.org/index.php?topic=2388064.msg26577693#msg26577693 https://bitcointalk.org/index.php?topic=2388064.msg26577754#msg26577754 https://bitcointalk.org/index.php?topic=2388064.msg26577882#msg26577882 https://bitcointalk.org/index.php?topic=2388064.msg26578028#msg26578028 https://bitcointalk.org/index.php?topic=2388064.msg26578316#msg26578316 https://bitcointalk.org/index.php?topic=2388064.msg26578634#msg26578634
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How Come VCs are Missing the Blockchain Epoch?

But there are other possible reasons for the lack of Blockchain support by VCs. A major force behind VC objection to blockchain technology is called ICO, or Initial Coin Offering. ICOs are a blockchain, token-based fundraising alternative that is quickly becoming popular, making VCs and their traditional, slow, and sometimes heavily taxing process completely redundant. ICOs not only simplify the investment process, but also provide ways for startups to share equity and other benefits with their investors, their users, suppliers, and the entire community around them. In that light, ICOs are filling the financing gap that VCs and other investors are leaving behind.
So far, 2017 is the breakthrough year for ICOs as $1.73 billion has been raised by startups using token sales, and ICO fundraising is forecasted to reach $1.8 billion by October. Notable ICOs include those of Tezos ($208M), EOS.IO ($200M), Bancor ($153M), and Status ($95M), as well as about 60 token sales in total. Have the investors made a profit? It depends, but the total market cap for all Altcoins (Cryptocurrency excluding Bitcoin) has risen from $2.2B on January 1st to roughly $71B yesterday. This is an increase of over 3200%, so yes, some investors are definitely happy.
For unbiased ICO reviews go to Coin.best. For unbiased research reports on startup companies go to Zirra
But Blockchain technology extends way beyond ICOs and even digital coins. Leaving currency aside, blockchain turned out to be a viable system of value sharing with no need for a trusted third party, such as a bank, or any centralized system. Blockchain can be used as a trusted digital ledger for an infinite selection of applications: it can be used as the infrastructure of a digital wallet, a voting system, or a platform that authenticates identity, ownership or certification, or certifies the traces of a supply chain. Microsoft and Intel have developed their blockchain frameworks for enterprises and financial institutions such as Citigroup and Bank of America has been investing in blockchain startups.
Yet VCs are not buying. Is it moral bias? Fear from the impact of ICOs? Seeing something the others don’t or simply “staying behind the curve”? It’s difficult to tell. Fact is, VCs are not aligning behind blockchain, leaving a vacuum that quickly fills up while posting possibly the biggest gamble for the future of their own ventures.
How alienated are VCs from the blockchain industry? According to a recent study by CB Insights, traditional equity-based investment (non-ICO) in blockchain companies hit in the second quarter of 2017 their lowest point since 2013, to 16 financing rounds. However, these 16 rounds totaled in $232 million, which was actually as high as the entire VC investment in self driving cars in the entire first half of the year.
But VCs were just a small part of that picture. Almost half ($107 million) of the VC-based quarterly funding for blockchain companies went to the banking consortium R3, which was actually funded by the largest financial institutions such as Bank of America, Citigroup, Barclays, Credit Suisse, HSBC and tech giants such as Intel. Another $40 million went to the Bitcoin-based digital wallet Blockchain, from cryptocurrency-oriented investors such as Digital Currency Group, and mainstream VCs such as Lightspeed and Mosaic.
As the graph below shows, top VCs are hardly in the blockchain game, hesitant to invest in more than one or two companies per quarter altogether around blockchain technology. Only a portion invested in more than one company in the space in total. Notable VCs Lightspeed, Union Square, and Andreessen Horowitz each hold an average of five portfolio companies in the blockchain and bitcoin space.
So, who are the most dedicated investors in bitcoin and blockchain technology? The leaders are cryptocurrency-dedicated funds and hedge funds such as Digital Currency Group, Blockchain Capital, Pantera, Fenbushi Capital and Future Perfect. They are joined by a small group of innovative VCs ,managed by partners who are keen to cryptocurrencies such as Marc Andreessen (Andreessen Horowitz), Fred Wilson (Union Square), and Tim Draper (Draper Associates).
Blockchain is not waiting for VCs to enter the game. It is exploding. Here are 3 major signals for this:
1.ICOs are exploding: In the meantime, it seems like everyone but VCs have joined the blockchain party. The ICOs were the ones who took the bigger bulk of business press attention in the second quarter, raising about $750 million for 60 companies. However, VCs and other institutional investors were not among the investors, as long as ICOs are not regulated and are outside the charter of investment given to general partners by their limited partners.
2.Cryptocurrency, not just Bitcoin, is experiencing great momentum. The graph below tells the story. Bitcoin is barely the whole picture. Other blockchain-based cryptocurrencies such as Ethereum and Ripple are on the rise. This graph shows the total market capitalization for the top seven cryptocurrencies excluding Bitcoin:
Here, Ethereum and Ripple can be seen gaining more and more market share of the entire cryptocurrency market:
3.Enterprises are pouring in: Technology corporations and financial institutions didn’t wait for the VCs to come and adopted their solutions for blockchain-based decentralized networks. Among tech giants, leaders Microsoft and Intel have been pushing blockchain agendas for internal use among their customers, which are mainly big companies. Earlier this week, Intel and Microsoft joined forces to launch Coco, a blockchain framework for business that processes about 1,600 transactions per second, 1000X more than comparable blockchain frameworks, such as Ethereum consortium. The new platform uses Ethereum-based smart contracts and enables confidentiality and security over the network with the aid of other distributed ledger systems. With Coco, fashion retailers, for example, might form a blockchain consortium to verify authentic designer merchandise, and track delivery, payments, and stock inventory.
Earlier in 2015, Microsoft announced a cloud-based blockchain developer environment for Azure, its cloud platform. Since then, the company has partnered with numerous blockchain technologies such as HyperLedger Fabric, R3 Corda, Quorum, Chain Core, and BlockApps. Competitor Amazon made a similar move, partnering with blockchain investment firm Digital Currency Group to offer an experimentation environment for startups and developers and partnering with a few blockchain companies on its AWS cloud platform. Google too is in the game, although not directly, investing through its VC in Ripple, the third largest cryptocurrency after Bitcoin and Ethereum, and in Blockchain, a bitcoin wallet startup.
At least two large-scale blockchain projects are permissioned by global enterprises: Open-source project Hyperledger, established by the Linux Foundation, is partnered with Intel, J.P Morgan, SAP, Fujitsu, Accenture, Daimler, and R3. Many of these organizations are also a part of the Ethereum Alliance, with the addition of enterprises such as Microsoft, BBVA, Credit Suisse and more.
So, to sum up, why are VCs so afraid of blockchain? There are quite a few reasons for this:
Fear of the impact ICOs have on traditional VC business: VCs have sustained many threats, from family offices taking up innovation, crowdfunding, and private equity firms digging into investing in startups directly. But never has the danger been so clear and imminent as with ICOs. In the long term, ICOs as a funding vehicle for start-ups could rival the traditional VC model. Blockchain tokens issued by start-ups during an ICO are a more liquid asset than any stock in a private company held by VCs. In the current situation, venture capital funds are an illiquid asset class, and they have to wait 7-10 years to realize their results and measure the IRR. But blockchain tokens are immediate and can disclose a company’s momentum in real time. Naturally, VCs would feel suspicious regarding a real-time investment model that challenges them. Also, ICO might bring to the table another new kind of investor, making deals less exclusive than what they used to be, on a scale that crowdfunding hasn’t done yet. On the other hand, this will demand disclosure by startups of performance indicators in the public domain. In that way, GPs and LPs will have a clearer idea of the performance of their portfolio. Inability to separate blockchain as an infrastructure for businesses from Bitcoin and ICOs: Blockchain is a technology concept that can turn over industries. It is a secured and distributed electronic ledger, which allows all transactions – such as payments, loans, and contracts- to be tracked in real time. Bitcoin is a coin that can be used for digital transactions, and ICOs are a method for raising money using the offering of digital coin based tokens. Most VCs will not even go so far as understanding these nuances, not to mention acting rationally upon each of these sectors. Inconvenient Regulation: Last month the SEC declared blockchain tokens to be considered securities, rather than assets. This decision puts the U.S in an inferior position relative to countries such as Switzerland and Singapore that treat blockchain tokens as assets. In order to attract investors and make the ICO process easier, U.S blockchain companies might list in those countries, or else use regulation S and D exemptions with the SEC in order to raise funds. That limits American funding to a mere 99 accredited investors, but does not limit global investments. Few exits and high rate of failure: As an immature discipline, Bitcoin and blockchain companies not only have a poor history of exits, but also a high rate of failure. According to research focused on cryptocurrency investments listed on the Coindesk database, 14% of a total number of VC-backed blockchain and Bitcoin companies went bankrupt or were sold in a fire sale. 85% of them were focused on Bitcoin. The numerous M&As in the business mainly concentrated around Bitcoin exchanges, and do not seem to be related to VCs. Blockchain was unscalable and not business oriented until recently: Putting aside cryptocurrency mining, which consumes a lot of energy, blockchain frameworks are not efficient enough for business applications. Ethereum, for example, processes around 16 transactions per second. However, Microsoft has recently showcased a blockchain framework that processes 1,600 transactions per second. Inability to create a monopoly: Investor Peter Thiel once said that “entrepreneurs starting a company should aim for monopoly and avoid competition.” However, the idea behind blockchain, a decentralized and public network, is intolerant to monopolies. Investing in ICO is still dangerous: In the current situation, direct investment in ICOs entails perils for VCs besides regulation. This includes a complicated process of cashing out (of a digital coin), currency’s high volatility, the high cost of capital in due diligence, and a reduced defensibility in the case of a large investment, according to a paper by Lerer Hippeau investment firm. How Can VCs Get Involved with Blockchain?
It might be a little too late for VCs to join the blockchain revolution. The original early stage cherry-picking model of VCs calls for identifying a revolutionary technology before anyone else, rather than jumping on an already moving wagon.
In addition to traditional equity investment in blockchain-oriented companies, VCs can act prudently, starting with new and creative formations. For instance, they can raise blockchain dedicated funds or hedge funds, re-contracting their LPs regarding the new rules of the game, such as raising a part of the fund through ICO or investing in liquidated securities such as cryptocurrency tokens.
Another option is to invest in the economy created by an ICO, or in its token adoption, rather than buying tokens in the ICO itself. This can be done by providing money, real estate, computing power, guidance or support to developers that are building on top of the blockchain protocol.
We at coin.best provide unbiased ICO reviews through an objective analysis and rating system, allowing blockchain investors to better understand the ICO market
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11-12 13:53 - 'Coinbase is a bank, funded and created by the banksters (BBVA) and will always act like a bank (aka fuck you). Do you still trust a bank? / Bitcoin IS NOT ONLY Coinbase... try looking outside the crystal dome you are living...' by /u/Bitcoin-Yoda removed from /r/Bitcoin within 0-7min

'''
Coinbase is a bank, funded and created by the banksters (BBVA) and will always act like a bank (aka fuck you). Do you still trust a bank? Bitcoin IS NOT ONLY Coinbase... try looking outside the crystal dome you are living, there are many ways to get BTC and wallets that gives you 100% control of your keys. Wallets: [link]2 . Choose those which respect [The Golden Rule of Bitcoin]1 Exchanges: Here are some other places where you can start buying BTC with no feafrustration: [link]3 - P2P decentralized exchange, strongly recommended [link]4 [link]5 - buy btc at local shops in AT [link]6 - ATM list [link]7 [link]8 - buy from local stores in US [link]9 - US, integrated into Mycelium and Airbitz wallets [link]10 - P2P exchange, but be aware that they are sharing users data with govs [link]11 - buy BTC with coupons in gas stations (EU) [link]12 - pay easy with debit/credit cards and many other methods [link]13 [link]14 [link]15 [link]16 - cash or cards in almost all countries [link]17 - instant buy with cards and vouchers [link]18 - instant buy with cards and vouchers [link]19 - buy instant with debit, cash, flexepin in CA [link]20 - buy BTC or exchange BTC for cash to any ATM in EU [link]21 - buy in UK [link]22 [link]23 [link]24 - BTC with CC [link]25 [link]26 [link]27 - no registration [link]28 - mobile app to buy/sell BTC with cards [link]29 [link]30 - buy BTC with no account required, with cash to ATMs in EU [link]31 [link]32 - buy with cards in India [link]33 - nice app to buy in India [link]34 - buy BTC in India [link]35 - buy BTC in Brazil [link]36 [link]37 [link]38 [link]39 - buy in AUS with cash, ATM [link]40 - trade BTC in AUS [link]41 [link]42 [link]43 [link]44 [link]45 [link]46 [link]47 [link]48 [link]49 [link]50 [link]51 [link]44 If still is not enough check here more [link]53 [link]54 [link]55 [link]56 Another useful tools: [link]57 - receive salary in BTC [link]58 - pay bills - EU [link]59 - pay bills - EU [link]60 - pay bills in PL [link]61 - buy BTC, receive wages, pay bills - EU, maybe CA, US, MEX [link]62 - EU [link]63 - pay bills in US [link]64 - pay bills in US [link]65 - pay bills - CA [link]66 - pay bills, get wages - AUS [link]67 - pay bills AUS [link]68 - pay bills, receive wages, recharge phones credit - PH [link]69 - pay bills etc - PH [link]70 - pay bills Thailand - TH [link]71 - AUS [link]72 - international Instant exchanges/shapeshifting [link]73 [link]74 [link]75 [link]76 [link]77
'''
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Author: Bitcoin-Yoda
1: https://www.youtube.com/watch?v=F12lpqnug-0 2: https://www.cryptocompare.com/wallets/#/overview 3: bi*square.** 4: https://localbitcoins.com/ 5: www.**t*oinb**.*t/outlets/ 6: coi*at**adar.co*/ 7: https://play.google.com/store/apps/details?id=com.coinatmradar.android&hl=en 8: li*ertyx.co** 9: ww*.gli*era**o/ 10: **w.bi*coin.*e 11: www***tins.net* 12: www.**7ex*han**.com/ 13: w**lofcoins**om 14: bi*st*mp.n*t 15: Co*nmate*i* 16: ww*.c*inmama.c*m* 17: myb*c.*a/ 18: b*t*t.gif*/ 19: quick*t*co*/ 20: *it*me.co*/ 21: w*w*coin**oor.co.*k/ 22: www.bitm**e*.eu* 23: anycoi***rect*eu/ 24: x*oins.*o/ 25: bitonic.** 26: bitba*.**t/ 27: www*belgac**n.*om 28: *hip-*hap.c*m* 29: www.mu*t*s***a.com/ 30: *w**bitbo*t.net/ 31: *ww*c**nimal.com/ 32: www.buy*co*n.**m/ 33: *ww*zebpa*.com* 34: c*insec*r**in/ 35: ww*.bitcoint*yo**c*m/ 36: nonst*pc*in*c*m/ 37: ya*it*com*ve/ 38: www*bitmym**ey.c*m* 39: www.bitroc**t.*o* 40: www*i*dep*ndentreser***co*/ 41: https://bittrex.com/ 42: **b*ts.com/ 43: safel**.com* 44: *ww.c**n*fy.com/ 45: btc***ect.eu 46: w*w.*appycoin*.c*m 47: w*w*bitp**da.com/ 48: co*nfin***.co/ 49: coi**ot*on.com* 50: https://cryptopay.me/ 51: bit*.*om/ 52: www.coin*fy*c**/ 53: *n.bit**in.i*/w*ki*How_T*_B*y_Bitcoins_With_**u*_***di*_Card 54: *ww.b*y*itcoin**rldw*d*.com 55: w*w.*itc*mpare.*e/ 56: *o**obuybi**oins.i*fo/ 57: bit**ge.*om 58: pi*xpay*c*m 59: bi*bi*l.eu 60: *n*ay.pl/ 61: bit*a*la 62: pe*.d* 63: coi*bi*ls*com* 64: c*insf*r*com/ 65: by*ls*com 66: **w.getpai*i*b*tcoin.co*.au* 67: www.b*tc*inbridge*co***n 68: *oins*ph 69: www.reb**.ph* 70: *o*ns.*o.th 71: www.*i*ing*oomo**a**shi.com 72: ww*.hyp***.to/ 73: www****coin.io/ 74: **ap*shift.io 75: *locktra*e*.*s 76: *h*n*elly.c*m/ 77: www.t*xexc*an*e.c*m*
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

Price perspective rant.

Why the media and haters focus only on the last peak/"bubble" bitcoin loss of ~80% (~$1,000 to $200),
but they always fail to mention the other side of the coin: like if you bought at $1 (before the first peaks/"bubbles"), you would be up at a steady 20,000% gain?
So the risk vs benefit valuation is clearly on the side of buying bitcoin, even as a simple bet, if you risk now $500 that you can live without ("feel comfortable losing"), the worst you can do is $0 (losing your $500), but ig you win, you could make many times that amount.
And it is fair to say that is not even a 50%/50% bet, since there is more (beyond the powerful logical and intellectual arguments) solid data and math supporting the 'win' proposition, pointing to an uncertain in time, but highly probable increase in value-monetary value, that is, since most other measurements proved already an increase (VC investments, secure wallets development, exchanges opening, regulation advancing, online and physical merchants and users adoption increasing, BTM's placement, big names like Microsoft, Paypal, Nyse, BBVA either supporting, accepting or getting skin in the game, exponential growth in bitcoin related start-ups, etc).
Most of money is going right now into the dollar and stock market bubble, but when it pops (and it certainly will), many of those big investors sitting right now in the sideline will jump in to the game, bringing in those stock market profits with them. Unfortunately, the average people with their 401K's will be the losers since they will not see it coming.
submitted by ImNotRocketSurgeon to Bitcoin [link] [comments]

03-17 04:02 - 'Ethereum's blockchain is one that businesses can actually use which is why the Enterprise Ethereum Alliance was formed by companies like Microsoft, IBM, Intel, Cisco, BBVA, JP Morgan, ING and UBS. Bitcoin jump started this b...' by /u/Gequals8PIT2 removed from /r/Bitcoin within 4-9min

'''
Ethereum's blockchain is one that businesses can actually use which is why the Enterprise Ethereum Alliance was formed by companies like Microsoft, IBM, Intel, Cisco, BBVA, JP Morgan, ING and UBS. Bitcoin jump started this blockchain phenomenon but Ethereum's blockchain technology offers features that corporations can utilize. Last year the "Big Four" auditing corporations got together to discuss how Ethereum's blockchain can be useful to them in the future.
I am sure many of us here have no doubt that distributed ledger technology using cryptographic verification/authentication will change our future in ways we can't even foresee. I have been following Bitcoin since literally the very beginning when mining with your CPU was extremely profitable (if you had the foresight to keep them and keep them safe), I remember when Dwolla and BitInstant was all the rage and you had to convince people that bitcoin was not a pyramid scheme. I have built automated trading bots using MtGox APIs and used them for quite some time until Gox became defunct.
I am all for the success and rising future of bitcoin, although I could not explain to you from a first hand understanding of the bitcoin protocol why BU is so bad I do agree with the general consensus here given what I have read from thousands upon thousands of comments. I remember how badly the last fork-war tore this community apart as well.
However, I have more than enough room in my heart and my wallet for altcoins that have proven their legitimacy to which I only believe there are two at this current point in time. I am not some band-wagoner who believes that bitcoin is the one and only cryptocurrency, that is the same type of mentality as people who believe that cash and gold is king. They might very well have been king until up and out of nowhere another beast forms right under your noses. Don't get me wrong I am not saying Ethereum is that technology but I can see the toxicity that this bitcoin war is causing. It has honestly caused me to lose faith in bitcoin and it's future to the point where this week my hands grew weak and I cashed out 25% of my holdings, transferred 25% to Ethereum and I have 25% on Coinbase as I wait to see how this situation plays out. I realize that your average Joe everyday investors probably are not even aware there is a war going on and probably don't even care, but I do.
It reminds me of this most recent presidential campaign you have one side that is proven and while they may not be perfect is obvious they have the best intentions for the entire community and on the other side you have a bunch of greedy bastards slinging shit, outright lying and trying to cover those lies with more lies. In the end it just makes everybody look bad despite being on the right side and doing the best you can.
In the meantime there is no doubt in my mind that while bitcoin stagnates with this war everyday it loses its edge over the newer technologies like Ethereum. Although Ethereum has not yet withstood the test of time and had a pretty significant setback early on I do believe the usability and usefulness of their blockchain technology being way more than just a store of value and actually have significant functionality will pick up the type of corporate steam that bitcoin not only wishes it has and deserves.
I will say it again I am all for the success of bitcoin, it holds a dear place in my heart. I am not sure if the OP of this thread was even referring to Ethereum when talking about spreading FUD (Honestly I think BU is doing more of that than anybody else by a large margin). I am not sure if the post I am reply to was an attempt to dismiss Ethereum's blocktech as something that is just so meaningless he didn't even learn of it's usefulness. But to simply dismiss other blockchains and anybody who speaks highly of them as FUD is a disservice to itself and this community. We only have one enemy here and that is BU.
'''
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Author: Gequals8PIT2
submitted by removalbot to removalbot [link] [comments]

Bitex.la Market Research Team, Ene 2015, #4

El Bitcoin registró una interesante reacción alcista desde el último fin de semana, anticipándose a la noticia de que Coinbase lanzará un nuevo exchange propio. La moneda digital escaló hasta superar los USD 300 en las primeras horas del lunes 26–01. No obstante, en los últimos dos días perdieron terreno con rapidez y facilidad. Actualmente, el Bitcoin cotiza en la zona de USD 250.
El proveedor de servicios de pago y de billeteras Bitcoin, Coinbase, volvió a ser noticia tras anunciar que lanzaría un nuevo de exchange de Bitcoin, que ya cuenta con la aprobación de los reguladores en 24 jurisdicciones de EEUU, incluyendo California y Nueva York.
Sin embargo, posteriormente el Departamento de Comercio de California negó que Coinbase tuviese licencia para operar en el estado bajo las actuales leyes para transmisores de dinero. El regulador de servicios financieros y transmisores de dinero del estado emitió un comunicado de prensa para difundir que aquellos informes que decían que Coinbase poseía la aprobación regulatoria para operar como exchange eran erróneos.
La semana pasada, esta empresa se destacó por romper el record de recaudación de fondos en un ronda de inversión –USD 75 millones- para una firma ligada al Bitcoin. También llamó la atención las empresas que se acercaron y mostraron interés en Coinbase. Concretamente, el banco BBVA y el NYSE.
Coinbase hasta el momento había actuado como una firma de brokerage –casa de bolsa- para los usuarios Bitcoin. Al ampliarse en esta nueva compañía vertical será capaz de ofrecer una mayor seguridad para las personas y las instituciones al comercio Bitcoin y supervisar los precios en tiempo real de la moneda digital. “Nuestro objetivo es convertirnos en el mercado de exchange más grande del mundo”, dijo el director ejecutivo Coinbase Brian Armstrong. Explicó, además, que en última instancia Coinbase planea ampliar el exchange a los usuarios en el extranjero, aunque por el momento se limita a EEUU.
El listado de los estados, según Coinbase, cuyos residentes pueden acceder a billeteras y usar el exchange se puede ver aquí:
What is the USD wallet?
Your Coinbase USD Wallet allows you to store USD as funds in your Coinbase account. You can use your USD Wallet as a… support.coinbase.com
Armstrong dijo que el exchange ofrecerá el libro de órdenes completo y la posibilidad de crear órdenes con límite de precio. Coinbase espera que dentro de los próximos 6 meses lograr la aprobación de todos los estados de EEUU. La compañía ofrecerá a sus usuarios 2 meses iniciales sin comisiones para operar, y a partir de allí cobrará el 0.25% para todas las transacciones que se deseen realizar.
Por otro lado, los hermanos Winklevoss revelaron que planean lanzar otro exchange de Bitcoin completamente regulado en EEUU que se llamara GEMINI y que será financiado por ellos mismos.
GEMINI estará dirigido directamente hacia aquellos clientes individuales e institucionales de EEUU que han sido reservados respecto a la legitimidad del Bitcoin y que son reacios a enviar dinero al extranjero para poder comprarlo.
En este línea, el exchange será “nacido y criado en Nueva York”, según su sitio web y solo funcionara con bancos americanos, por lo que el dinero nunca saldrá de ese país. El compliance será muy importante, ya que el sitio promete comprometerse con todas las regulaciones bitcoin y las leyes de protección a los clientes.
En contrapartida, la empresa de minería de Bitcoin CoinTerra se declaro en bancarrota. CoinTerra contaba con activos y pasivos en el rango de USD 10 — USD 50 millones, según documentos judiciales. La firma completo el Capitulo 7 de protección por bancarrota, lo que significa que saldrá a liquidar todos los activos para poder pagar a sus acreedores garantizados.
CoinTerra declaró que sería incapaz de pagar a los inversionistas sin garantía y nombró cientos de acreedores en su presentación, que fue el 24 de enero.
La decisión se produce poco después de CoinTerra se convirtió en el blanco de una demanda iniciada por los Centros de Datos C7, un proveedor de servicios de colocación de centros de datos con sede en Utah. C7 está buscando el reembolso de aproximadamente USD 1.4 millones en honorarios por servicios no remunerados, así como casi USD 4 millones de dólares en daños. Los indicios de que la compañía estaba experimentando problemas de deuda surgieron por primera vez a principios de este mes.
Desde el punto de vista técnico, la fuerte reacción alcista que la moneda digital evidenció el fin de semana parece ser correctiva con respecto al movimiento bajista que fue desde el pico de USD 453.92 del 12 de noviembre hasta el mínimo de USD 152.4 del 13 de enero. La subida del fin de semana se frenó en USD 309.9, superando por poco la línea de Fibonacci del 50% de retroceso. Desde allí, los precios volvieron a caer.
Aun no pueden descartarse mayores bajas. La onda final de la corrección puede seguir extendiéndose. Un nivel para observar –si el Bitcoin rompe a la baja el mínimo de USD 152.4- es la zona de USD 125, que sería una extensión del 61.8% del movimiento que fue de USD 453.92 a USD 152.4.
Alternativamente, si el Bitcoin no rompe a la baja el mínimo de USD 152.4, deberíamos superar la zona de USD 309.9 y posteriormente la de USD 453.92 para ver si se puede dar por terminada toda la corrección iniciada desde inicios del 2014.
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¿Qué es Bitex.la? Bitex.la es un mercado de compra y venta de Bitcoin lider en Latino America. La plataforma permite operar bitcoin de manera profesional contra dolares americanos. Cuenta con una robusta red financiera que permite a los usuarios operar casi desde cualquier país del mundo sin restricciones.
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BBVA Wallet - Real Time Redemption Ejemplo de Pago: Como Ganar $900 en Bitcoins Pagando $50 (en 20 Minutos) AUTOMATICOIN - YouTube en 34 Dias 77 Bitcoin en Blockchain con Algoritmo para Bitcoin ( INCREIBLE ) BBVA te enseña cómo funciona el BITCOIN

Comprar bitcoin en BBVA con Coinbase. Coinbase es el mayor broker de criptomonedas del mundo. Cuenta con más de 30 millones de clientes en más de 100 países y lleva operando desde 2013. Coinbase te permite depositar mediante transferencia desde tu cuenta del BBVA la cantidad que tú desees en tu cuenta, e ir comprando con ese saldo la cantidad de bitcoin u otras criptomonedas cuando te ... Registrieren – Wenn Sie ein Konto erstellen, erhalten Sie automatisch Ihre persönliche kostenfreie Bitcoin-Wallet. Ein Angebot finden – Nach Erstellung des Kontos wählen Sie eine Zahlungsmethode, den gewünschten Bitcoin-Kaufbetrag und Ihre bevorzugte Währung; anschließend klicken Sie auf Nach Angeboten suchen. Wählen Sie aus der Liste ... Bitcoin y el protocolo blockchain han logrado un sistema que permite el intercambio de un valor entre dos partes que no se conocen de una forma rápida y eficaz, sin la necesidad de intermediarios. Pese a su inmadurez y los muchos retos que aún plantea, la industria financiera ha puesto los ojos en esta tecnología, que puede suponer una gran oportunidad para generar nuevos servicios ... Setup the Bitcoin wallet on your Android or iOS device and make the most of your mobile Bitcoin wallet app. Store and manage digital gold at any moment, all around the world. Backed up and synced with the blockchain network, the mobile BTC wallet is ready for use. Create a blockchain wallet just by logging in with your email, Facebook, Gmail or mobile number. For those who prefer to use their ... How to create a Bitcoin wallet with an open source JavaScript library. 4 min reading. 30 October 2015. BBVA API Market. Download PDF. Share in: The world related to cryptocurrencies is always expanding. It has become a fruitful development environment for all kinds of applications. Mobile wallets, connectors with the Bitcoin network, business geolocators that accept virtual currency, video ...

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BBVA Wallet - Real Time Redemption

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