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Blockchain Technology / Blockchain’s Popularity Among Large Enterprises Soared 11% This Year, Survey. .

« on: September 14, 2018, 04:01:56 PM »

Blockchain’s Popularity Among Large Enterprises Soared 11% This Year, Survey Finds

New research from fintech analysts Juniper House has found that blockchain’s traction with large enterprises has risen by 11 percent this year, according to a press release published September 11.

Juniper’s Blockchain Enterprise Survey: Deployments, Benefits & Attitudes (Second Edition) found that 65 percent of responding large enterprises – defined as those who employ a minimum of 10,000 staff – are “considering or actively engaged” in blockchain deployment, up 11 percent from the corresponding 54 percent figure last year.

Further data analysis shows that nearly a quarter of firms have moved beyond blockchain proofs-of-concept onto trials and commercial rollouts. The potential scope of the technology’s application has also expanded, with only 15 percent of firms’ proposed blockchain applications relating to payments – as compared with 34 percent last year.

The press release notes there has been “significant” interest in fields across logistics, authentication and smart contracts.

Even as Ethereum (ETH) has taken a battering on the spot markets recently, Juniper’s findings also reveal that nearly half of responding firms are planning to harness the platform’s token standardization potential to launch their proprietary dApps (Distributed Applications) on the Ethereum blockchain.

Readmore: https://cointelegraph.com/news/blockchains-popularity-among-large-enterprises-soared-11-this-year-survey-finds

Blockchain Technology / Blockchain Collectible Games, Explained

« on: September 14, 2018, 07:41:40 AM »

Partnership Material

1.
What are crypto collectibles?
A crypto collectible is a digital asset.

Unlike common tokens, which are identical and easily exchanged, crypto collectibles are non-fungible tokens. This is because their unique attributes mean that no two are the same, hence they are usually irreplaceable.

There are a plethora of things that can be collected — from cats to celebrities, and from politicians to planets. In gaming environments, they can be swapped between players, and on other platforms, it’s possible to buy someone’s collectible without their permission — adding a competitive edge.

2.
Can money be made from digital collectibles?
If you have a particularly rare or desirable collectible, potentially, yes.

Generally, collectibles are categorized. Some of them are quite common while others have distinctive attributes which make them rare — or even ‘legendary.’

Some platforms have a price escalation feature. Let’s say you paid 1 ETH for a coveted collectible. Here, someone could pay 2 ETH and buy it off you without your consent. You would end up receiving most of the profits, with the platform taking a fee. The next person would pay 4 ETH, the person after 8 ETH, and so on. After the collectible’s value hits a certain amount — say 100 ETH, for example, the price may rise by 20 percent instead of doubling.

Readmore: https://cointelegraph.com/explained/explained-blockchain-collectible-games

Bitcoin News & Updates / Bitcoin’s Energy Consumption in Summer: Rise or Fall?

« on: September 14, 2018, 07:38:16 AM »

It's no secret that Bitcoin (BTC) mining is an expensive business, and in more ways than one. Not only has it become less profitable since July 2016's halving of mining rewards to 12.5 BTC, but competition among miners and an increasing hashrate have resulted in ever-higher energy consumption, with all the damage to the environment that implies.

Yet, as energy-intensive as Bitcoin mining is, a question still remains: Is there a seasonal variation in the cryptocurrency's energy consumption? Even if consumption is rising on the whole, does something different happen during the summer months?

Well, data hasn't been collected on Bitcoin's electricity consumption for long enough to provide a truly authoritative answer to this question, yet what data there is suggests that the summer brings a slight, but noticeable weakening to the rise in BTC's energy consumption. This is most likely because, globally, energy prices increase during the summer months, putting a strain on the profitability of Bitcoin mining.

Readmore: https://cointelegraph.com/news/bitcoins-energy-consumption-in-summer-rise-or-fall

News related to Crypto / Galaxy Digital CEO Mike Novogratz Calls Crypto Price Bottom

« on: September 14, 2018, 07:28:18 AM »

Mike Novogratz, founder and CEO of crypto investment firm Galaxy Digital Capital Management, said that cryptocurrency prices have hit a bottom in a tweet today, September 13.

Novogratz also pointed out that the Bloomberg Galaxy Crypto Index (BGCI), which is designed to measure the performance of the largest cryptocurrencies traded in U.S. dollars, “retouched the highs of late last year and the point of acceleration that led to the massive rally/bubble.

Readmore: https://cointelegraph.com/news/galaxy-digital-ceo-mike-novogratz-calls-crypto-price-bottom

News related to Crypto / Crypto Exchange OKCoin Expands Trading to 20 More U.S. States

« on: September 13, 2018, 03:57:50 PM »

Digital currency exchange OKCoin has announced its expansion of token-to-token trading into twenty new U.S. states, according to a statement published September 12.

Per the announcement, OKCoin has extended trading services to the states of Alaska, Arizona, Colorado, Idaho, Illinois, Indiana, Kansas, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nevada, New Jersey, Tennessee, Texas, Utah and Wisconsin.

Jim Nguyen, Vice-President of Marketing at OKCoin, stated in the blog post that the exchange collaborated with regulators in each state in order to comply with both federal and state laws. OKCoin CEO Tim Buyn said:

Readmore: https://cointelegraph.com/news/crypto-exchange-okcoin-expands-trading-to-20-more-us-states

Blockchain Technology / Blockchain Can Add $1 Trillion to World Trade by 2028, Says World Economic Forum

« on: September 13, 2018, 03:41:06 PM »

Distributed ledger technology (DLT) such as blockchain could generate $1 trillion in new trade over the next ten years, a joint report from the World Economic Forum (WEF) claims Thursday, September 13.

The report, ‘Trade Tech – A New Age for Trade and Supply Chain Finance’, published in collaboration with Bain & Company, evaluates DLT prospects within the global trade finance industry.

Long an area of increasing focus for innovation, trade finance continues to rely on legacy technology, with multiple blockchain-based initiatives now dedicated to increasing efficiency.

“Distributed ledger and other technological innovations promise groundbreaking advances in trade and supply chain finance by reducing costs and ease of use,” the report’s foreword reads.

Among their findings, the WEF and Bain forecast DLT will bring in new trade, helping close the current trade finance gap of $1.5 trillion.

“[Approximately] 30% or $1.1 trillion of new trade volume will result due to DLT removing barriers,” they say, adding that “[approximately] 40% or $0.9 trillion of traditional will move to DLT for better service levels and lower fees.”

The WEF report meanwhile includes similar signals for governments, the organization arguing that even for those within structures such as the European Union, embracing DLT is de facto unavoidable.

Readmore: https://cointelegraph.com/news/blockchain-can-add-1-trillion-to-world-trade-by-2028-says-world-economic-forum

News related to Crypto / Not ‘Viable’? Berkeley Professor Takes Dim View of Stablecoins in New Critique

« on: September 12, 2018, 02:28:47 PM »

A University of Berkeley professor has claimed stablecoins are a “myth” in a new critique published Tuesday, September 11.

Taking the emerging market sector, which includes well-known assets such as Tether (USDT), to task, Professor of Economics Barry Eichengreen argues that stablecoins are not automatically “viable” just because they are pegged to reserves of, for example, fiat currency.

Eichengreen writes that “conventional cryptocurrencies, such as Bitcoin, trade at wildly fluctuating prices, which means that their purchasing power – their command over goods and services – is highly unstable,” adding:

The cryptocurrency industry continues to see more and more stablecoins hit the market, some of which come directly from or via traditional finance insitutitions.

As Cointelegraph has reported, this week saw regulators green light both the Winklevoss twins’ first stablecoin asset, the Gemini dollar, along with a similar offering from Paxos.

Prior to that, a Liechtenstein bank announced its intention to issue a Swiss franc-backed stablecoin in August.

For Eichengreen, however, such assets fall into three categories according to the completeness of tokens’ collateral — full, partial, and uncollateralized — and each has its weak points.

For Tether as an example, the “disputed” claim its tokens are fully collateralized combines with the “expense” of its issuance and circulation to raise questions about scalability. Eichengreen conclude.

Readmore: https://cointelegraph.com/news/not-viable-berkeley-professor-takes-dim-view-of-stablecoins-in-new-critique

News related to Crypto / Cryptocurrency Markets Slump Midweek as Ethereum Hits New 2018 Lows

« on: September 12, 2018, 02:17:18 PM »

Cryptocurrency markets are feeling the pressure from an extended downturn on Wednesday, September 12, with Bitcoin (BTC) losing 2.5 percent and Ethereum (ETH) hitting its lowest levels since May 2017.

Data from Cointelegraph’s price tracker and Coin360 confirms the lackluster picture across cryptoassets continuing another day, with all of the top twenty coins — with the exception of Dogecoin (DOGE) — in the red.
Bitcoin had climbed to almost $7,400 last week before turmoil hit markets again, prices tumbling over claims Goldman Sachs had shelved its crypto trading plans, something officials have since dismissed as “fake news.”

Regulatory pressure also continues, with U.S. authorities ordering a ten-day halt of two exchange-traded notes (ETNs) over the weekend.

The combined effect has meant BTC/USD was tending towards $6,200 at press time, support nonetheless holding at around $6,251 to prevent a deeper slide below the $6,000 barrier.

Readmore: https://cointelegraph.com/news/cryptocurrency-markets-slump-midweek-as-ethereum-hits-new-2018-lows

News related to Crypto / Crypto Markets See Sharp Decline as Total Market Cap Drops $12 Billion in . . .

« on: September 05, 2018, 03:21:00 PM »

Crypto Markets See Sharp Decline as Total Market Cap Drops $12 Billion in One Hour

Wednesday, September 5: crypto markets have suffered a sharp decline within one hour, with total market cap down $12 billion and almost all of the top 100 coins by market cap in red, according to CoinMarketCap.

Major cryptocurrency Bitcoin (BTC) has again dipped below the $7,000 point today, according to Cointelegraph’s BTC price index. Bitcoin is down around 5 percent over the past 24 hours, trading at around $6,996 at press time. The digital currency is hardly holding monthly gains, while weekly losses have amounted to around 1 percent by press time.

Ethereum (ETH) has also suffered losses today, with its price having plunged deep below the $300 point. Ethereum is now trading at $258, down more than 11 percent over a 24 hour period to press time.

Readmore: https://cointelegraph.com/news/crypto-markets-see-sharp-decline-as-total-market-cap-drops-12-billion-in-one-hour

100

Balita Cryptocurrency / Crypto Mining Tinanggap bilang isang Industriya ng Iranian Authorities

« on: September 05, 2018, 11:21:08 AM »

Crypto Mining Tinanggap bilang isang Industriya ng Iranian Authorities

Sinabi ng Kalihim ng Supreme Cyberspace Council ng Iran na ang iba't ibang ministries ng gobyerno ng bansa ay tumanggap ng crypto mining bilang isang industriya, iniulat ng lokal na ahensiya ng balita ang IBENA noong Setyembre 4.

Ayon sa ulat, ang sekretarya ng Cyberspace Council na si Abolhassan Firoozabadi ay nagpahayag na ang pagmimina ng mga cryptocurrency tulad ng Bitcoin (BTC) ay naaprubahan bilang isang industriya ng mga pangunahing awtoridad ng gobyerno. Gayunpaman, ang opisyal na batas na bumubuo ng isang legal na balangkas para sa industriya ay hindi pa ipinakikilala sa bansa.

Sinabi ni Firoozabadi na ang crypto mining ay tinanggap bilang isang industriya ng mga pangunahing awtoridad ng Iran, kabilang ang Ministri ng Impormasyon at Komunikasyon Teknolohiya, ang Central Bank, Ministri ng Industriya, Mine at Trade, Ministri ng Enerhiya, pati na rin ang Ministri ng Ekonomiya Affairs at Finance.

Sinabi ni Firoozabadi na ang Iranian National Cyberspace Center ay bumubuo ng isang platform para sa cryptocurrency regulasyon pagmimina. Idinagdag niya na ang pamahalaan ay isinasaalang-alang din ang paglunsad ng isang pambansang cryptocurrency upang lumikha ng isang pinansiyal na tool upang makipagtulungan sa mga kasosyo sa Iranyang negosyo sa gitna ng pang-ekonomiyang presyon mula sa mga parusa ng U.S..

Ang sekretarya ay inangkin na inangkin na ang mga may-katuturang mga awtoridad ay magpapakilala ng isang balangkas sa regulasyon para sa mga startup at mga kumpanya na may kaugnayan sa crypto sa huli ng Setyembre.

Noong huling bahagi ng Agosto, inihayag ng National Cyberspace Center ng Iran na ang draft ng cryptocurrency proyekto na nakabase sa estado ay handa, sumusunod na mga tagubilin mula sa Pangulo ng Iran na si Hassan Rouhani. Sa oras na iyon, ang kinatawan ng direktor na namamahala ng mga regulasyon para sa Supreme Cyberspace Council ng Iran ay nag-claim na ang ideya ng paglunsad ng isang pambansang cryptocurrency ay aktibong hinabol.

Pinagmulan: https://cointelegraph.com/news/crypto-mining-accepted-as-an-industry-by-iranian-authorities

101

News related to Crypto / Hong Kong Extends Migrant Policy to Facilitate DLT and FinTech Professionals

« on: September 01, 2018, 09:31:25 AM »

A new Hong Kong government initiative seeks to attract professionals in Distributed Ledger Technology (DLT) by simplifying the immigration policy, according to a press release published August 28.

On Thursday, the government of Hong Kong published its first Talent List aimed at attracting “highly skilled” experts in 11 different fields, including fintech, DLT, and cyber security, from around the world. The move designates the government’s intention to “support Hong Kong's development as a high value-added and diversified economy.”

According to the press release, Hong Kong will facilitate successful applicants under the Talent List through the Quality Migrant Admission Scheme (QMAS). The QMAS has an annual quota of 1,000 people. The Chief Secretary for Administration and Chairman of the Human Resources Planning Commission, Matthew Cheung Kin-chung, said:

“The promulgation of the Talent List is one of our major initiatives to enhance our competitive advantages in attracting international talents, creating cluster effects, stimulating the development of local talents and propelling Hong Kong forward."

While Hong Kong continues taking regulatory actions towards digital currencies and Initial Coin Offerings (ICOs), stating that the new technology “comes with risks,” it seems to have set sights on becoming an international blockchain hub.

Last month, the Hong Kong Monetary Authority (HKMA) announced the launch its own blockchain trade finance solution with 21 banks in August, aiming to substantially reduce paperwork, costs, and security risks for participants.

In June, the HKMA signed a fintech collaboration agreement with the Financial Services Regulatory Authority of the Abu Dhabi Global Market “to start a dialogue on the opportunity to build a cross-border trade finance network using [DLT].” That month, Alibaba subsidiary Ant Financial trialled its first blockchain remittances, sending a transaction in three seconds between its AliPayHK app in Hong Kong and Filipino payment app GCash.

The Hong Kong University of Science and Technology Business School (HKUST) recently received a $20 million research grant to improve the security capabilities of electronic payment systems earlier this month.

Additionally, the HKUST in partnership with the University of Hong Kong are planning to explore blockchain technology applications, and discuss the possibility of Hong Kong’s transformation into a global fintech hub.

Source: https://cointelegraph.com/news/hong-kong-extends-migrant-policy-to-facilitate-dlt-and-fintech-professionals

102

Bitcoin Forum / What is your bitcoin profit story?

« on: September 01, 2018, 09:28:22 AM »

With so many people posting doom-and-gloom questions/stories lately about how Bitcoin is falling and how they lost 40+% of their in investment since December 2017 - how about some cheerful stories for a change?

Tell us your bitcoin profit story! Get a chance to brag a little, we won't mind

103

Cryptocurrency discussions / Is blockchain safe?

« on: September 01, 2018, 09:26:28 AM »

Might be that its just legitime transactions but am pretty worried they're not, I hope someone here can explain this.

https://blockchain.info/blocks/ViaBTC

take this example: https://blockchain.info/block/000000000000000000357c11562377eb7882e0f282674147dd7affeef0f82762

"Unable to decode output address" Why?

Where do those huge amounts of btc suddenly come from?

Most recent transactions of 10-20k BTC. or another recent one with 37,418.47242639 BTC: https://blockchain.info/block/00000000000000000009237e27163013276a36cad2ecf623abfe7de84b10d04d

It doesn't look like regular transactions to me, can anyone advise?

104

Balita Cryptocurrency / Ang Taiwan Hospital ay naglulunsad ng Blockchain Platform upang mapabuti. .

« on: September 01, 2018, 09:14:49 AM »

Ang Taiwan Hospital ay naglunsad ng Blockchain Platform upang mapabuti ang keep record

Inilunsad ng Taipei Medical University Hospital ang isang plataporma na pinapatakbo ng blockchain upang mapabuti ang rekord ng medikal na rekord, iniulat ng Taipei Times noong Agosto 31.

Ang tinatawag na "Healthcare Blockchain Platform" ay iniulat na binuo upang suportahan ang patakaran ng Hierarchical Medical System ng pamahalaan, mapabuti ang mga serbisyo ng referral ng pasyente, at isama ang mga indibidwal na mga network ng pangangalagang pangkalusugan upang paganahin ang mga tao na ma-access ang kanilang mga medikal na rekord sa isang mas madaling paraan. Upang makagawa ng isang kahilingan para sa kanilang mga talaan, ang mga pasyente ay maaaring mag-log in sa isang mobile na protektado ng password app.

Ang proyektong kasangkot sa higit sa 100 mga klinika, na lumawak blockchain technology upang matugunan ang mga pangunahing isyu sa healthcare, tulad ng paglilipat ng data sa pagitan ng mga medikal na establisimento at mga pasyenteng portal. Sa pamamagitan ng platform, maa-access ng mga pasyente ang "isang kumpletong hanay ng lahat ng kanilang mga medikal na tala, kabilang ang mga medikal na larawan na may mataas na resolution, mga resulta ng lab, at impormasyon sa pagsusuri sa klinikal at kalusugan," habang ang mga ospital at klinika ay maaaring humiling, magpapahintulot at magbahagi ng mga rekord ng pasyente gamit ang smart mga kontrata.

Sinabi ng superintendente ng ospital na si Chen Ray-jade na ang Tapei Times ay tutulong sa blockchain na mabawasan ang panganib ng mga paglabag sa seguridad, at idinagdag na "ang teknolohiya ng blockchain ay hindi lamang tumutulong upang pagsamahin ang mga elektronikong rekord ng medikal na may mga rekord ng elektronikong kalusugan mula sa maraming mga ospital at klinika, isinasama din nito ang karagdagang seguridad tampok ng notification at pahintulot bago maganap ang anumang paglipat. "

Ang mga establisimiyento sa pangangalagang pangkalusugan sa buong mundo ay nag-apply din ng ipinamamahagi na ledger na teknolohiya sa medikal na pamamahala ng data. Mas maaga sa buwang ito, iniulat ni Cointelegraph na ang biotech enterprise Macrogen kasama ang lokal na tech firm ng Bigster ay bumubuo ng isang medikal na malalaking ecosystem ng data na magpapahintulot sa secure at pribadong imbakan at paglilipat ng mga malalaking halaga ng sensitibong genomic at personal na impormasyon.

Noong Mayo, inilathala ng Scientist.com ang isang siyentipikong larangan ng agham na pananaliksik sa buhay na nakatuon sa isang bagong blockchain platform na dinisenyo upang subaybayan at protektahan ang data ng parmasyutiko. Bukod pa rito, sinusubukan ng Scientist.com na bawasan ang pasanin sa mga negosyo ng biopharma upang sumunod sa mahigpit na mga regulasyon ng data sa U.S..

Noong Abril, ang Aleman na Camelot Consulting Group ay bumuo ng solusyon na batay sa blockchain para sa pangangasiwa ng sensitibong medikal na data, kung saan ang lahat ng mga transaksyon ng data ay naka-encrypt at naka-imbak sa isang hindi mababago na blockchain at isinasagawa nang direkta sa pagitan ng mga awtorisadong kalahok.

Source: https://cointelegraph.com/news/taiwan-hospital-launches-blockchain-platform-to-improve-medical-record-keeping

105

Cryptocurrency Trading / What are your bad trading habits in cryptocurrency?

« on: September 01, 2018, 08:34:53 AM »

During trading, I sometimes listen to the news or rumors that trigger me to buy or sell my crypto without verifying the facts. Also sometimes I tend to buy more on downtrend crypto in hoping that that was the dip price where in fact the falling is still on-going. These habits of mine should be correctly immediately or else I might experience more serious problem.

How about yours? What are your bad habits in trading?