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Messages - VeryWellDone

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106
Cryptocurrency discussions / Re: Cryptocurrency and business
« on: May 24, 2020, 02:07:33 AM »
This is what we need to help scale mass-adoption, and that's for businesses to start looking into crypto and blockchain as a solution in order for them to take their biz to the next level.

There are platforms that does help do this, and these business owners just have to open their eyes and give it a chance. An example is Concordium which is designed from the ground up to handle real-world business needs. It introduces a protocol-level identity mechanism allowing for enterprises to comply with jurisdictional regulations.

No need to be scared of being anonymous with identity layers.

107
Great job on the 2 years and many new years to come! Happy to join this event

108
By illegal use, do you mean like dark web stuff? I read somewhere that darkweb crypto transcation has risen up to +65% this year alone, and we're only 5 months in. It just goes to show that crypto and blockchain is the future in this digital age and pandemic where everyone is scared of touching stuff.

Businesses should also realize what the darkweb guys have been doing with this technology.

Though darkweb people are using it for anonymity, there are industry-grade blockchain that seeks to unlock and capture all of the business transactions that could benefit from blockchain technology. More business today is not being done due to high cost, and a lack of trust in counterparties, Concordium fixes that through its ID mechanism and smart contract functionality.

109
The science behind blockchain is simple. A set of blocks that contain data is shared in one network of parties (nodes), which have equal and immutable access to the data carried by the block. ... Blockchain gives an opportunity to change, as it ensures reproducibility that is central for transparent scientific research.Nov 29, 2019

Concordium uses scientific research to build the most secure and fastest blockchain, ensuring Concordium stays at the forefront of technology. Their protocol is deeply rooted in the latest scientific research being developed at the Concordium Blockchain Research Center Aarhus (COBRA) in Denmark and ETH Zurich in Switzerland.

Will doing these extra major things like scientific research help further improve blockchain?

110
Forum related / Re: Hi, introduce yourself
« on: May 21, 2020, 02:48:51 AM »
Hello, I'm From Philippines
I'm a freelancer/unemployed
for what I did now is only crypto trading
this is my first time here on this platform.
I hope I can get earnings here in the future.
Have a good day.

wow welcome! remember, buy low sell high!

111
WOW, big news for XRP and huge grats on the crypto space for being recognized as a certain need. These things are what we NEED to take crypto and blockchain to the next level.  8)

This is what all of the businesses, HOPEFULLY, should start recognizing, existing major enterprise solutions are neither distributed (Hyperledger + Corda) nor have a focus on privacy. There is little to no progress here and these solutions are essentially just glorified databases.

Concordium is on to a shift by offering enterprises a real blockchain, while also using zero-knowledge technology to bring privacy to workflows that involve end-users. Possibly a solution for that problem and get adoption going.

113
Cryptocurrency Trading / Re: the best place to start trading.
« on: May 19, 2020, 08:12:29 AM »
Binance and trading view are the best options to start for trading.

114
This is awesome news if we're going to talk about adoption. Visa is huge and is the leading global payment solution and its great to see that they're doing this movement.

There's a industry-grade blockchain that has a mission of building a scalable regulatory-compliant blockchain ecosystem designed for the Business world. It introduces a protocol-level identity mechanism allowing for enterprises to comply with jurisdictional regulations.

The more these big companies and businesses like Visa embrace blockchain, the better.

115
Blockchain has always been recognized because of its stability, trustless system, etc. and it provides assistance on the accounting, quality assurance side, etc. through its smart contracts and the technology itself for the businesses. But how come a lot of businesses are still not utilizing blockchain like how some of the big guns already are - Walmart, Visa, etc.

There's a private and compliant-ready blockchain that offers enterprises a real blockchain, while also using zero-knowledge technology to bring privacy to workflows that involve end-users. Existing major enterprise solutions are neither distributed (Hyperledger + Corda) nor have a focus on privacy. There is little to no progress here and these solutions are essentially just glorified databases.

Will this be enough for small businesses and big corporations to start using blockchain, and not shy away from this technology? If not, what does it take to make it happen?

116
This is good, I think China is the only country that widely embraces blockchain technology, not just through businesses, but even the government itself.

Other countries and major corporations should already take a look at incorporating blockchain into their existing system, Concordium for example are creating new ways to do business by unlocking and capturing all of the business transactions that could benefit from blockchain technology. More business today is not being done due to high cost, and a lack of trust in counterparties, Concordium fixes that through its ID mechanism and smart contract functionality.

Will we see more of these movements soon?

117
Concordium’s mission is building a scalable regulatory-compliant blockchain ecosystem designed for the Business world.

The Concordium Platform is designed to be fast, secure, and cost-effective. Concordium’s innovative identity layer provides on-chain identity compliance-centric payments and enhanced privacy for users, while also enabling accountability for network participants. It's two-layer consensus protocol consists of a Nakamoto-style consensus blockchain and a finality layer for fast confirmation of transactions.

Both privacy and verification of the identity of users

Concordium’s innovative identity layer provides a compliance-centric balance between anonymity and accountability. A user’s identity is anonymous on-chain however, this anonymity can be revoked and their real-world identity revealed in response to a valid request from a government authority via established legal channels.



From the user’s perspective, anonymity with respect to the general public is maintained and Concordium’s identity layer can accommodate identity providers and anonymity revokers based in different jurisdictions around the world. As such, the Concordium Platform offers a global, multi-jurisdictional solution to the adoption of blockchain technologies across regulatory regimes.


118
I don't know much about DYCO to be honest, its quite new to me but it looks interesting if only it can solve the current problems we have in the crypto industry today with the ICO and IEO which is more or less not trustworthy any longer

It is very interesting given the fact that the they're saying its risk-free. Really looking forward to how this works in the future because this may bring people who were once scared of crypto, back to crypto.

119
In early 2018, token sales were said to become the future of crowdfunding. Now, 2 years later, token sale volumes are down by 99.7%.

The problem isn't token sales. The problem is the framework of ICOs. The framework is broken and always was.

It is 2020 and the ICO framework has remained static. Token sale are as backwards as ever. We decided this cannot go on.

Once the token price falls by more than 20% from the initial price, there's this offering called Dynamic Coin Offering where participants can generate risk free profits by buying tokens from the market and be able to refund them. Those tokens that were refunded are automatically burned reducing the circulating supply by up to 100%.

Is this better than IEO and ICO itself being that people are entering crypto, risk free?

Source - https://daomaker.com/dyco?utm_source=lx

120
It's great to see crypto projects being recognized by major companies now, similar to what Zoom did. Zoom is now using SmartLinks for ETH, BTC, and more coins soon.
https://www.coindesk.com/new-app-lets-coronavirus-hit-businesses-take-crypto-payments-for-zoom-calls?amp=1

Will we see bigger companies like Netflix, etc. use crypto and blockchain soon? And how will the halvening impact our exposure?

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