Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.


Messages - ccedk_pro

Pages: [1] 2 3 4 5 6 7 8 ... 85
1
Openledger / eDEV is refocusing to OBITS and Vimples
« on: October 18, 2019, 12:40:51 pm »


Dear eDEV holders,

OpenLedger ApS and VPLedger, the world's first DLT framework for financial operations, encourages eDEV holders to exchange eDEV coins to OBITS and then to Vimples.

To make better use of eDEV, OpenLedger ApS suggests to exchange eDEV to OBITS tokens (https://openledger.io/market/EDEV_OBITS), which can be spent 1:1 on Vimples on the new VPLedger Software-as-a-Service platform. Vimples are the default means of payment for all products and services on VPLedger, and will be worth the equivalent of EUR 1 each on mainnet. This is a smart way to convert cryptocurrency into utility using an ‘enterprise first’ permissioned blockchain designed specifically for business integration and with mandatory KYC as a condition of use.
In October 2019, 14,490 unique verified entities, including both businesses and individuals, will gain Early Access to VPLedger: the world’s first DLT framework for financial operations. VPLedger will be a private blockchain network, designed from the ground up for business integration and with mandatory KYC as a condition of use. Once verified, however, users will have absolute freedom to enjoy all the benefits of blockchain technology – including real-time transactions, smart contracts, stablecoins and decentralised currency exchange.

The global launch of VPLedger will take place in January 2020, to coincide with the new year: the traditional time for new beginnings and positive change.

Limited special offer

After swapping their OBITS for Vimples on the VPLedger testnet, users can purchase Lifetime Membership from their VPLedger account for 1,000 Vimples. The 1,000 Vimples will be credited back to their account on mainnet when it launches in 2020, making this a free gift from the VPLedger team!
Any amount of OBITS can be swapped for Vimples, though only one Lifetime Membership can be purchased per user. However, there is nothing to stop users from sending OBITS to a friend or colleague’s account, enabling them to purchase Lifetime Membership too!

All users’ Membership status, as well as any Vimples in their balance, will automatically be carried across to the VPLedger mainnet next year. Vimples can therefore be stored safely on the VPLedger testnet, as well as sent to other users at this stage to test out the platform’s basic functionality.
Together, a maximum of 14,490 Lifetime Memberships have been allocated to OBITS holders. The OpenLedger DEX has an option to withdraw tokens to VPLedger, and all members of the BitShares community who own OBITS are encouraged to use this to swap their OBITS for Vimples on VPLedger’s testnet.
Lifetime Members will receive a referral code and can start using it to sign up new members to the VPLedger testnet straight away. Just like their Vimple balances, their referrals history will be carried over to mainnet in January 2020 and they can start earning fees from every transaction their referrals make on the platform.

Benefits of swapping OBITS for Vimples:

•   Free Lifetime Membership for VPLedger: only available during testnet phase
•   1,000 Vimple cost is refunded to the user on mainnet launch
•   Receive affiliate code and start referring new users
•   Establish passive income from referrals’ transaction fees and rebates of 60% on own transaction fees
•   Vimple balance and membership status automatically carried across to mainnet in 2020
•   1:1 OBITS swap for Vimples, no matter what the market price of OBITS

How to buy OBITS

OBITS is a well-established token on the BitShares network, with a large number of holders. OBITS can be purchased on the OpenLedger DEX for BTC, CNY, EOS, ETH and BTS.
Additionally, an ERC20 version of OBITS will shortly be launched. This will be backed 100% with BitShares OBITS, and is designed to make the token more widely available by using Ethereum’s network and infrastructure.
After mainnet launches, it will be possible to deposit funds either via fiat (wire transfer, card or AppStore vouchers), or via OBITS. All OBITS swapped for Vimples (BitShares and ERC20) will be burned, reducing the overall supply.

From the start of the Global Launch in January 2020, any OBITS used to buy Vimples from this time forward will be burned. (Given the decentralised nature of OpenLedger, users can keep their OBITS on the platform if they wish.) OpenLedger will continue to conduct burns of OBITS received for Vimples every three months from April 2020, for as long as it is deemed necessary.
Check the VPLedger website for further details of what this software subscription package contains.

links:

https://openledger.io/market/OBITS_OPEN.BTC
https://openledger.info
https://vimple.openledger.io/
https://vpledger.com
https://link.medium.com/luyNgAGJS0
https://link.medium.com/qPJDdIWJS0

2
Русский (Russian) / Re: Новости BitShares 2.0
« on: March 01, 2019, 03:41:43 pm »
Новости с OL DEX: гейт ZEC снова в строю, 10 шлюзов больше не будут обслуживаться и будут отключены (выводы монет можно сделать через службу поддержки), обновлен интерфейс BitshareScan и он очень хорош.



3
In case you are still not on our Telegram Channel and do not follow our news - check the latest ones!

February OBITS Buyback and Burn was finished on February 12

Do not miss voting section on BitShareScan.com and many more useful things added there.



BTW, if you have any suggestions - you can write to us or leave your comment HERE!

Remember, your security is in your hands! Please, Be Very Cautious About Accepting Proposed Transactions

10 gateways were identified as underperforming since these coins haven’t been traded, deposited, or withdrawn for some months now
Currently, all deposits are closed, but you can make a withdrawal, please contact the Support Team at https://openledger.freshdesk.com/support/tickets/new

ZEC Gateway is Enabled!


Have a nice trading with OL DEX!

Follow OpenLedger on socials!

:: Twitter ::
:: Telegram ::
:: StubReddit::

4
Meet the Voting Section on BitShareScan

We are happy to introduce you to the new BitShareScan section — It contains valuable and up-to-date information on the BitShares voting.


The Voting page displays four tables by default: Top Voters, Workers, Committee, and Witnesses.

All tables are updated every hour to provide you with the latest information.


Top Voters Table


This table displays top BitShares Voters. Top voters’ voting weight (in percentage terms compared to other top voters) is available in the ‘Voting stake weight’ column.

Non-Voting Accounts Section

There’s also the ‘Non-voting Accounts’ section that is hidden by default. Check the ‘Show non-voting accounts’ box at the top of the page to make it visible.


Voting Matrices

‘Workers’, ‘Committee’, and ‘Witnesses’ matrices show information on workers, committee members and candidates, and witnesses — all parties involved in the BitShares voting.


When you hover the cursor over a cell in a voting matrix, the voting stake weight of the account displayed above will appear.

Anything Else?

It’s a 1.0 beta, more stable version of BitShareScan.
New updates are coming soon!



Contact Us

Have any suggestions or willing to leave feedback? Join this discussion or send us an email.

5
As we mentioned a little bit earlier, yes! We plan to return this option in next updates!

possible to add the export feature that one can user can export the transaction history to various format of file like EXCEL, txt, whatever?

6

Built by Linux Foundation with IBM’s involvement in 2015, Hyperledger is the backbone of many blockchain enterprise systems. It was originally created with a goal to make collaboration between multiple businesses more efficient.

Hyperledger offers the “umbrella” strategy, incubating and promoting a vast number of business blockchain technologies, frameworks, libraries, interfaces, and applications.

According to the official statement on the platform’s website,

“Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration, including leaders in finance, banking, Internet of Things, supply chains, manufacturing, and Technology.”

Some of the top practical advantages of choosing Hyperledger as your enterprise blockchain solution include permissioned membership (Hyperledger is a permissioned network, where all participants have known identities), performance, scalability and levels of trust, as well as protection of digital keys and sensitive data (this feature is especially valued by financial institutions for protection of customer information and other sensitive documentation).

Real Use Cases
Due to the high adaptability of the Hyperledger blockchain enterprise system, there’s a number of real use cases currently presented – below are just a few examples, listed in no particular order.

#1. Supply Chain for Pharmaceuticals
In April 2017, IBM announced several new blockchain enterprise systems to be built on Hyperledger Fabric.


Click to watch

The company partnered up with the Chinese conglomerate Sichuan Heijia to build up a blockchain-based supply platform for pharmaceuticals. Small and middle-sized pharmaceutical retailers in China often find it extremely difficult to secure financing due to the underdeveloped credit system and a lack of established credit evaluation, as well as risk control. After pharmaceuticals are delivered, retailers often have to wait from 60 to 90 days before getting paid.

With the help of the Hyperledger blockchain curated by IBM, the drugs will be tracked all the way through the supply chain, encrypting trading records. Such transparency will establish the authenticity of the transaction, lowering the credit risk of pharmacies and allowing the payment period to be shortened, with the funds possibly transferred even on the next day after trading.

#2. Blockchain-based Platform for Trade Financing
In the same month, April 2017, IBM partnered up with Japan’s Mizuho Financial Group and Mizuho Bank for creating a blockchain-based platform for trade financing.

According to the Japanese bank, blockchain technology helped them shorten the deal processing time from a couple of days to just two hours, also allowing to save on labor costs while increasing transparency through document digitization.

Additionally, Mizuho Financial Group is working with IBM to ultimately conduct all their trade transactions on Hyperledger Fabric. According to IBM’s official press release, such system will enable all parties to view the latest shipment data, which will drastically cut the trade transaction and processing costs.

#3. Blockchain-based Education and Training
In another project announced by IBM in April 2017, they’ve partnered up with the National University of Singapore to develop a module on financial technology in order to improve students’ education in this area, equipping them with the fundamentals of blockchain and distributed ledger technologies.


Click to watch

Implemented in early 2018, the module is focused on educating students on the technology behind distributed ledgers, as well as its diverse use cases, from banking to digital currencies to supply chain management.

NUS faculty members co-developed the curriculum of the new module in cooperation with IBM researchers in order to encourage students and faculty members to contribute to developing the technology further. The module is co-taught by NUS academic staff who use Hyperledger Fabric to deliver the course content. 

Get More Info Right HERE

7

Public and private blockchains differ more in how they’re used than how they’re built. The underlying similarity is that they’re blockchains: distributed, encrypted ledgers, monitored and verified by their users. In other words, they’re both networks that share an immutable record of transactions.

The real difference on a technical level is who has access to them.

Private blockchains
Private blockchains can be accessed only by those who have permission, and the network administrators can edit transaction records. Hyperledger and Ripple are private blockchains.

The confidentiality problem
Blockchains come with an inbuilt confidentiality problem. The audit log of transactions is available to all users. Solutions to this problem that make blockchain suitable for businesses (which don’t want uninvited users to have access to all their business data) include hybrid, private and consortium blockchains as well as various methods of building decentralized applications with inbuilt permissioning on public chains.

Why would you choose a public blockchain?
Public blockchains are the default choice. They deliver two key benefits over private blockchains:

1. Autonomy
A public blockchain exists separately from the entities that use it and participate in its governance. This means that, for instance, there’s no-one who can change the rules of the blockchain, alter or reverse transactions, or otherwise interfere.

Thus, a public blockchain can be truly ‘trustless’: users don’t have to trust other participants, because they interact in a manner mediated by the rules of the blockchain; and they don’t have to trust the blockchain’s administrators, because in a traditional sense, there are none.

2. Accessibility
Public blockchains are accessible to anyone with a computer and an internet connection. Some general purpose blockchains allow the implementation of smart contracts on the pre-existing blockchain, meaning users can achieve business goals on an extant network. And the newest generation of blockchains for general computing are deliberately designed to permit the construction of smart contracts and ‘Decentralized applications’ or Dapps directly on the blockchain.

The blockchain applications market is unravelling along a segmentation of activity that is spread along two sets of variables: private vs. public blockchains, and new vs. existing business models.
William Mougayar


Why would you choose a private blockchain?
Private blockchains are usually built to order for business or organizational use. For their users, they deliver:

1. Control
Private blockchains are controlled by a consortium of privileged users who can issue or deny permissions, alter rules, revert transactions and modify balances.

Obviously, this is totally opposite to what a public blockchain gives its users. But it allows a centralized organization to replicate its organizational structure on the blockchain, which is vital in cases where the organization will be held responsible for the validity of that information. For instance, a government land registry could benefit from the security and auditability of a blockchain, but it can’t relinquish its ultimate authority over the records.

2. Trusted known validators
In some public blockchain structures, the validators aren’t known, and in PoW blockchains dependent on mining, 51% attacks are a constant danger.

51% attacks occur when over half of a blockchain’s validators collude, outside the blockchain, to sign blocks they know contain false information. They represent the main known security threat to PoW blockchains, because miners could theoretically collude in this way.

While there has never been a 51% attack on the BitCoin blockchain, there have been 51% attacks on other PoW blockchains. In one, hackers made off with $18 million after an attack on the BitCoin Gold blockchain, in which they altered the blockchain’s own records so that they could spend the same money twice, known as a ‘double spend.’

In a private blockchain the validators are known. As long as they’re accountable using structures outside the blockchain, this makes the blockchain more secure against these types of attacks.

3. Lower operational costs
Transactions are cheaper in terms of computing and electrical power. They only need to be validated by a few nodes, which can be configured to do this efficiently. By comparison public blockchains have many more nodes, requiring far greater computational redundancy: every node is basically doing the same work, which is the key to blockchain’s security but also the reason why blockchains can be expensive to run.

Public blockchains tend to express their relatively higher operational costs as relatively high transaction fees for their users. BitCoin’s hit an average $52 per transaction at their highest, and while that’s an outlier, average transaction fees for public blockchains can be a problem: Ethereum’s transaction fees have actually been higher than BitCoin’s in the past.

But these transaction fees reflect the higher costs of operating these high-redundancy, high-node-count blockchains. Even if what you’re sending is a file, a message or an action that triggers a smart contract, rather than currency, you’ll find operational costs are higher on a standard PoW public blockchain.

On a private blockchain transaction fees and electrical costs can be kept to a minimum, though it should be noted that some public blockchains built on other consensus algorithms can also be considerably cheaper to run.

4. Predictable technical performance
Nodes are the entities in a blockchain that take part in creating a new block. On a private blockchain, nodes can be very well-connected and it’s possible to ensure all of them are running as intended, something that can’t be done on a public blockchain.

Partly this is because private blockchains typically operate nodes on dedicated hardware, whereas a public blockchain involves many consumer-level laptops and desktop computers. This is another advantage of private blockchains: hardware requirements can be known in advance because user numbers are pre-determined, so high performance can be baked in.

If anything goes wrong, it’s also possible to step in via an administrator account and fix a private blockchain manually.

5. Privacy
Private blockchains that limit user access, and manage user privileges centrally, offer better privacy. This should be of limited concern to most users, since blockchain already offers massively improved security and privacy.

However, a private blockchain eliminates identity privacy concerns. On a public blockchain, usernames are visible to other users. On a private blockchain, the same is true but users are permissioned, meaning user names can be real names and reflect organizational roles without any privacy issues.


Which Choice Is Right? Read More HERE

8

Обновления OpenLedger DEX UI / UX от 7 февраля 2019 року




Команда OpenLedger DEX рада сообщить об очередном обновлении UI / UX нашей децентрализованной торговой платформы.

Вот краткий обзор изменений, которые мы внесли:

*Цвет шрифта в книге заказов теперь белый, чтобы текст был хорошо виден.



*Коэффициент обеспечения теперь можно установить вручную. Установка целевого коэффициента обеспечения (TCR) позволит блокчейну автоматически продавать требуемую сумму вашего обеспечения, чтобы сохранить коэффициент обеспечения на уровне / выше значения TCR, выбранного вами, когда стоимость вашего обеспечения уменьшается.

*Мы сделали вкладку «Мои открытые заказы» прокручиваемой для большего удобства пользователя.

*Маржинальные звонки в книге заказов обозначены желтым цветом, чтобы вы никогда их не пропустили.



*Рынки на вкладке «Избранное» перечислены в алфавитном порядке (по названию первого актива в торговой паре).








Follow OpenLedger on socials!

:: Twitter ::
:: Facebook::
:: LinkedIn ::
:: YouTube ::
:: Telegram ::
:: StubReddit::
:: Twitter handle ::


9
OpenLedger DEX UI/UX Update from February 7, 2019



OpenLedger DEX Team is happy to announce another UI/UX update of our decentralized trading platform.

Here’s a brief overview of the changes we made:

* The font color in the order book is now white to ensure that text is clearly visible.



*A collateral ratio now can be set manually. Setting a Target Collateral Ratio (TCR) will allow the blockchain to automatically sell the required amount of your collateral to keep your collateral ratio at/above the TCR you selected when the value of your collateral decreases.

*We made the “My Open Orders” tab scrollable for greater user convenience.

*Margin calls in the order book are indicated by the yellow color so that you will never miss them.



* Markets in the “Favorites” tab are listed alphabetically (by the name of the first asset in a trading pair).








Follow OpenLedger on socials!

:: Twitter ::
:: Facebook::
:: LinkedIn ::
:: YouTube ::
:: Telegram ::
:: StubReddit::
:: Twitter handle ::


10
Beyond Bitcoin [closed] / Blockchain and KYC: Know Your Customer Better
« on: February 07, 2019, 08:10:42 pm »

With the increase in popularity of digital systems over the last few decades, the problem of fraud and identity theft became prominent due to the fact that each company you deal with, from banks to retail outlets, has a different way of verifying your identity.

Each company has to verify your identity somehow, and it’s particularly important for financial institutions. This gave rise to ‘know your customer,’ or KYC protocols to help companies ensure they know who they are doing business with. Typically this involves a long, drawn-out practice where certain documents are shown, and some sort of background check or verification takes place.

In research, a 2017 survey by Thomson Reuters found that the average time it takes to complete KYC checks is 32 days, up from 28 days in 2016. It also showed that 85% of customers had a bad experience due to it, and 12% changed banks as a result.

The pressure to increase KYC compliance has been coming from regulators, keen to stop the increasingly sophisticated financial crimes we are seeing each year. According to the survey cited above, financial firms ended up hiring an average of 307 new employees to deal with these regulations in 2017, up from only 68 new employees in 2016.

But there is a solution in sight. Blockchain-based KYC takes advantage of a secure, public digital ledger to give almost instantaneous and truly secure verification of identity. Due to the immutable and unchangeable nature of the record kept in the blockchain, fraud could become a thing of the past.


KYC History
Back in 1989, G7 nations formed a task force called the FATF to curb money laundering. The task force has since grown to include over 40 member states, and deals with anti-terrorism as well as anti-money laundering (AML).

Some key requirements brought about by the task force included prohibiting anonymous accounts, creating EDD (enhanced due diligence), suspicious transaction monitoring and risk management. The administrative burden has only been increasing since the inception of these KYC regulations.

Current Challenges
There is no global standard, so KYC practices vary by institution. This leads to redundant work and limits the ability for different financial institutions to collaborate to verify identity. Customers are subject to time-consuming and difficult-to-accomplish onboarding processes when opening new accounts.

Regulations are often changed, creating costly and effort-intensive obligations for companies to comply. Also, material changes in customer information are often not being updated, which causes inaccurate information in many bank systems.

Blockchain for KYC



There are many inherent advantages to blockchain KYC solutions. Many companies are working on a ‘digital signature’ that would keep a secure copy of all your KYC-compliant documents stored on a blockchain. Particularly if this is a public blockchain, it would be decentralized and both transparent and secure.

A bank or other financial institution who is looking to verify customer identity would simply need to be given permission to access the personal information, making blockchain KYC incredibly efficient. It would also be standardized, so every financial institution globally would be able to share and view the same data.

Updates to personal information would be done in the blockchain, meaning any institution using the system would also be privy to any information changes. Seamlessly, customers could update their personal information across all their accounts simply through their digital signatures. KYC using blockchain would mean that they wouldn’t need to contact each institution with changes, and the institutions would never miss such changes as they do now.

Blockchain in KYC is one of the most promising applications of the decentralized technology, serving a real need by decreasing KYC administrative costs and lost time while at the same time increasing security and transparency.

KYC using blockchain represents a true paradigm shift, away from individual institutions doing repetitive and redundant work.


More About KYC Blockchain Implementation Right HERE

11
Take Part in OpenLedger DEX Survey

OpenLedger DEX Team invites you to participate in our survey. We will use its results to improve your user and trading experience on our trading platform.

Please follow the link and take part in the survey. We promise it won’t take much time — there are only eleven questions.

The questionnaire is anonymous. You won’t need to provide any personal or sensitive information.

Help us make OpenLedger DEX better!


Follow OpenLedger on socials!

:: Twitter ::
:: Facebook::
:: LinkedIn ::
:: YouTube ::
:: Telegram ::
:: SubReddit::
:: Twitter handle ::


12

Blockchain solutions have been gaining popularity among businesses over the last few years as a way of expanding their revenues and optimizing their processes, but is it really worth it? When should businesses use blockchain, and when should they stray away from it?

For the past decade, blockchain has been implemented in many industries worldwide. A lot of companies now use blockchain technology to track and trace their products and funds. Just earlier in December, the Irish Red Cross teamed up with AID:Tech, a Dublin crypto startup, to create a peer-to-peer donation platform called “Trace Donate.” The app allows the Irish Red Cross and their monetary contributors to see the donations and follow where their monetary donation is going.

The Italian government is also actively implementing blockchain technology. In December, the country even announced 30 blockchain experts to join the government as consultants on the use of blockchain on a state level.

A lot of corporations worldwide have also turned to blockchain. For instance, Walmart, the largest retailer in the world, is using blockchain for their food safety, tracking the produce through IBM’s blockchain platform all the way from suppliers to consumers.


However, just because blockchain is effective, it doesn’t mean it’s for every business and organization, and there are times when blockchain isn’t necessary. Let’s take a look at some of these examples.


Click to watch

Scalability Trilemma And Business Priorities
When it comes to blockchain, there are three main issues, better known as scalability trilemma: security, speed, and decentralization.

Blockchain needs security because otherwise it will be susceptible to hacker attacks just like any other conventional technologies. Decentralization is also important because it makes the system stronger and immune to censorship, by not allowing it to become controlled by any single owner.

Without decentralization, transactions can be made without the funds being there to back it up, and transactions can be canceled or blocked without justification, which would bring us right back to the issues most merchants are currently facing — chargebacks.

Most blockchain technologies favor security and decentralization but thus sacrifice speed. According to AngelList co-founder, Naval Ravikant, blockchain can be “incredibly inefficient.”

“It’s worth paying the cost when you need the decentralization, but it’s not when you don’t,”
he states.

Costs. In 2019, Blockchain Is Still Expensive
Speaking of costs, blockchain is not a technology you can implement or run on a budget in 2019. If a small business was to use blockchain, the running of blockchain and the associated fees could cost more than the profit generated from it. Some of these costs can include:

*Development of a custom solution (most enterprise blockchains have to be developed from scratch)

*Customization to tailor the software, if it’s not a 100% custom-made solution

*Expert consultants’ fees during development or customization of any enterprise-grade blockchain

At the time of writing this article, ready-made or BAAS (blockchain-as-a-service) solution which could be affordable and accessible for small business are extremely rare, so we’re cutting this option out of our equation.

Plus, don’t forget about energy consumption! In order to run a successful enterprise blockchain, the company has to have enough servers with the right configuration required for the current tasks, additionally to their support and maintenance. All of this makes bills, including electricity ones, skyrocket, and energy usage could be an issue even for large-scale companies which use enterprise blockchains.

Read More About Complexity and Necessity Of Blockchain For The Business Right HERE

13

The Internet of Things (IoT) is a system used for the distribution of information without the need for human interaction. There, information on computing devices, objects, humans, animals and all sorts of things using a unique identifier can be shared over a network.

At its most basic level, a thing in the Internet of Things can be a patient wired to a heart monitor, a cat implanted with a tracking chip, or a car using sensors to alert drivers when the tire pressure is low. It is an evolved technology achieved through the merging of wireless technologies, microservices, and the Internet.

Let’s look at the traditional methods of health monitoring compared to the IoT-integrated methods in order to achieve a greater understanding. Smartwatches now have the ability to track aspects such as heart rate, physical activity and inactivity, calories burned, and much more. The watch, in this case, would be a human’s unique identifier. The processes and collecting and processing the generated data, which would take a substantial amount of time in the past, are now streamlined through IoT.


The major concerns associated with IoT are security and privacy. Blockchain addresses these issues through its use of a distributed ledger. Blockchain has the ability to track innumerable numbers of smart devices and log the data they collect on either a public or private ledger.

The ledger is shared across all the users of the network, and therefore cannot be altered by a single individual without a general consensus. It runs on cryptographic algorithms which are extremely difficult to decipher, making it practically impossible to hack. Basically, blockchain helps to close the gaps in security associated with IoT.

Where IoT automates the collection of data, blockchain automates its security and authenticity. As shown by OpenLedger, blockchain paired with IoT can bring substantial benefits to various industries:

Healthcare: Blockchain can enable the tracking of a patient’s chronic condition in real time.

Supply chain: Blockchain can improve inventory management.

Automotive: Blockchains’ authentication aspects make it a valuable tool to prevent the trade of fraudulent parts, as well as streamlining payment and document processing, which is often prone to problems associated with human error.


Read More About Notable Use Cases HERE

14
Beyond Bitcoin [closed] / Most Interesting Blockchain Startups of 2018
« on: February 03, 2019, 04:32:36 pm »

Most people learned about blockchain in relation to the decentralized digital currency that it underpins, but quickly use cases emerged in dozens of different industries leading to an explosion of blockchain-based startups.

Whether it be in supply chain, healthcare, the Internet of Things, finance, security, or even AI, blockchain development startups are some of the most buzzworthy ones of 2018.

For our blockchain startups list, we chose the most successful and innovative companies to help you understand just how versatile the new technology is. Their cutting-edge ideas will transform how businesses operate in the coming decades.

PATRON

Click to watch

Aiming to capitalize on the influencer marketplace, PATRON hopes to disrupt the stranglehold that Silicon Valley and firms like Facebook and Google have over powerful media influencers. The Japanese startup is working on creating a network where companies and influencers can come together and transact.

The firm raised almost $30 million between public and private ICOs, and has been actively developing a platform to connect influencers directly with companies, cutting out the agencies in-between that often charge a premium for making such connections. With the global influencer marketing to reach $10-billion worth by 2020, PATRON is poised for success if they can deliver on their goals.

Buddy

Click to watch

One of the hottest blockchain startups is focused on making blockchain integration easier for companies looking to implement the technology. There is often a fog surrounding just how to put together a blockchain-based solution, and Buddy is working to automate the application development and deployment process.

Already boasting high-profile partnerships with the likes of Github, Google Cloud Services, Microsoft Azure and Amazon Marketplace, Buddy claims to have 200+ companies using their app development system. Their ICO is currently at the private sale stage, and a solid team and roadmap make this Polish firm one to watch.

BurstIQ

Click to watch

Healthcare is a data-intensive industry where both privacy and access of information are equally important, so it’s no surprise some of the biggest blockchain startups are in this space. BurstIQ is trying to consolidate users’ health data into a secure ‘data wallet’ that they can have better control over.

Identity management is one of the key strengths of the blockchain architecture, and BurstIQ recently announced a partnership with Shyft, a blockchain-based identity verification company. The goal is to allow governments, healthcare institutions, and patients to securely manage, share and access healthcare information while maintaining full HIPAA compliance.

Look Closer At Othe Anticipated Blockchain Startups HERE

15

Healthcare can be a complex and convoluted industry. The systems put in place for our health are outdated in terms of security, efficiency, and cost.

Blockchain healthcare use cases are being discovered by the day, and with them the entire healthcare system can be completely overhauled. Many healthcare and blockchain companies are currently working on or have already released blockchain-based systems to improve healthcare for both professionals and patients. By decentralizing patient health history, tracking pharmaceuticals, and improving payment options, blockchain is becoming a valuable tool for healthcare, revolutionizing the industry worldwide.

MedRec Improving Medical Record Access

Entities involved:  MIT Media Lab, Robert Wood Johnson Foundation
Project status:  MedRec 2.0 is currently being tested on databases. Its code is open-source and currently hosted at the Israel Deaconess Medical Center. Its developers are currently hoping to further build the program and then deploy it on a network.
Sources: MedRec site

One of the most popular healthcare use cases for blockchain is patient data management. Medical records tend to be separated by health agencies, making it impossible to determine a patient’s medical history without consulting their previous care provider. This process can take a significant amount of time, and may often result in mistakes due to human error.

Developed on the Ethereum blockchain, MedRec is a “system that prioritizes patient agency, giving a transparent and accessible view of medical history.” MedRec is intended to store all of a patient’s information in one place, making it simpler for patients and doctors to view. In its current design, providers maintain the blockchain through the Proof of Authority (PoA) mechanism.

SimplyVital Health Cutting Costs by ConnectingCare

Entities involved: SimplyVital Health
Project status:  ConnectingCare is currently available for use through the SimplyVital Health website. SimplyVital Health has launched an ICO as the first of its four road map phases till Health Nexus’ eventual release, which is expected in 2019.
Sources:SimplyVital Health site

SimplyVital Health has two projects running on the blockchain technology. ConnectingCare, according to CTO of SimplyVital Health Lucas Hendren, “uses care coordination and financial forecasting to help providers in bundled payments get insight into what happens to patients when they leave the hospital.” It is currently on the market, helping healthcare providers determine how much a patient’s care will cost them when bundled with multiple organizations.

Upon the release of ConnectingCare, SimplyVital Health was able to collect data on the blockchain and determine what was needed for their next project, Health Nexus. Health Nexus stores a patient’s information on a blockchain for all the parties to view. It also will possibly allow patients to sell their data to researchers for profit.

Taipei Medical University Improving Medical Record Keeping

Entities involvedTaipei Medical University, Digital Treasury Corporation
Project status:CargoX has released its platform to the public, and now the company plans to expand the project to function with Letters of Credit.
Sources: phrOS site

The Taipei Medical University Hospital and Digital Treasury Corporation (DTCO) have recently released phrOS. It aims to increase transparency between medical institutions by putting all of a patient’s medical information on a blockchain.

It includes images, as well as various information concerning a patient’s condition. The information can be accessed by doctors and the patients themselves through a mobile app. It also increases the security of medical information through the Decentralized Ledger Technology (DLT).

Get More Useful Information HERE

Pages: [1] 2 3 4 5 6 7 8 ... 85