fabiochiu/medium-articles huggingface dataset:
Startup SkyDigitech. Blockchain Identity Verification
Tags: Startup, Ethereum, Blockchain, Blockchain Technology, Blockchain Startup

Blockchain Identity Verification

SkyDigitech is Platform that allows to verify users and to prevent fraud. It is based on blockchain technology as a tool for protecting and validating personal data of inheritance rights.

We are the solutions of Business startup to create a family database and link with wills.

SkyDigitech App

SkyDigitech makes it easy for everyone to connect based on their lineage so that they can be connected to each other through the Blockchain protocol line.

SkyDigitech also provides a feature to make heir notes to their children with highly confidential data encryption and supports Smart Contract.

OUR SERVICE IS BUILT FAMILY NETWORK ON ETHEREUM BLOCKCHAIN

Token information

Name: SkyDigitech (SKYd)

Platform : Ethereum (ERC20)

Role : Purchase digital services

Total supply : 1'250'000 tokens

Circulation supply : 500'000 tokens

Private sale price : 5 USD

We truly believe in the “tokenization” of the economy, that is why we created a token to use our service.

SkyDigital (SKYd) provides a will solution that is made by you, and will be forwarded to your loved ones if you cannot be contacted within a certain time.

More about SkyDigitech?

SkyDigitech is a concept of searching your extended family tree to create a personal database network, connected to each other and can interact like social media.
Berlin Is a Blockchain Hotspot | Has Europe Broken the Second Wave?
By: Ramesh Choudhary
Tags: Berlin, Blockchain Technology, Blockchain Startup

Berlin Is a Blockchain Hotspot | Has Europe Broken the Second Wave? Ramesh Choudhary ·Nov 25, 2020

In the digital economy, blockchain technology is often described as one of the next big innovations. The World Economic Forum, for example, assumes that it will be one of six megatrends for the future. Berlin is at the forefront of the blockchain revolution, as our first chart, made in collaboration with Berlin Partner, shows. Meanwhile the present is shaped by the coronavirus pandemic, which rages on as the wait for a vaccine might soon be over. Our second chart has the latest on infection trends in the U.S. and Europe.

source : https://reason-why.berlin/news/berlin-blockchain-business-hub/?pk_campaign=statista&pk_kwd=2020_blockchain
DYZRUPT ANNOUNCES THE APPOINTMENT OF AMB.
By: Dyzrupt Ltd
Tags: Blockchain, Blockchain Technology, Cryptocurrency, Cryptocurrency News, Blockchain Startup

DYZRUPT LIMITED

DYZRUPT ANNOUNCES THE APPOINTMENT OF AMB. KWAME A.A OPOKU AS DIRECTOR OF COMMUNICATIONS TO LEAD THE NEXT PHASE OF DYZRUPT LTD.

It has been over a year since Dyzrupt LTD was born. The company is positioned to become one of Africa’s, if not one of the world’s, most disruptive technological start-ups of this generation. Dyzrupt’s objective is to foster wealth creation for Africans and others through creative, unconventional approaches that help address local challenges.

The company had a soft launch on September 01, 2019, and its core team and designers have since been working hard behind the scenes, creating a series of arguably some of the most captivating and far-reaching Blockchain-based innovations of this decade.

KWAME A.A OPOKU

As a strategic addition to its core team, the company is bringing a trail blazer and high-achiever, who is an award-winning futurist, Global Business Keynote Speaker, Brand Architect, Entrepreneur, and Social Media/Digital Marketer; Mr. Kwame A. A. Opoku will officially join Dyzrupt as the Director of Communications effective December 01, 2020.

Mr. Opoku is the current CEO of the Reset Global People, which runs successful flagship initiatives, such as Women Entrepreneurship Festival, the African Women CEOs Summit, and Top 100 Women CEOs in Africa; the Vice Chair of West Africa for the Young CEOs Business Forum, which oversees operations in 16 Countries; and is also the founder of the Ghana AI & Blockchain Forum and Co-Founder of the Digital CEO Summit, which runs in 8 African countries.

The company has an ambitious marketing campaign to bring Dyzrupt products and services to a large segment of the more than 1 billion Africans living on the continent. Kwame will summon his expertise and rich international experience to help make Dyzrupt a household name in Africa.

We are Dyzrupt. Liberating Africans. Changing Lives.
Razor Network Inks Partnership With Persistence
By: Himanshu Bisht
Tags: Defi, Cryptocurrency News, Blockchain Development, Blockchain Startup

Background

There is a vast gap between appropriately matching the demand and supply of capital in the real world. Traditional finance institutions lack innovation to meet the needs of both borrowers as well as lenders. On one side, due to almost negligible interest rates, these traditional finance institutions fail to attract lenders.

On the other hand, MSMEs struggle to borrow, especially due to capital adequacy requirements imposed on financial institutions post the Global Financial Crisis. Therefore, they frequently struggle to obtain loans from centralized institutions. Persistence aims to fill this lacuna. By providing capital for the MSMEs, it will give these businesses a fair chance to grow and expand exponentially.

Persistence is a Protocol powering Institutional Open Finance. This innovative protocol facilitates the borrowing of crypto assets, mainly stablecoins, using real-world assets as collateral.

The stablecoin market is proliferating, and there will be a tremendous increase in the supply of borderless and instantly settled capital looking for new ways to generate yield. Increasing the speed and efficiency of real-world trade, payment, and business financing enables fundamentally new capital to enter the cryptocurrency industry.

Asset tokenization, asset exchange, and liquidity aggregation are the main features of Persistence. Persistence enables more efficient global capital allocation.

In a recent announcement, Tushar Aggarwal, CEO of Persistence, said,

“We’ve laid the technical groundwork for a new era of blockchain-powered real-world value creation, and we have built a strong network of strategic partners. It’s time to push ahead full-force on our mission to bring institutions and real-world assets to DeFi to help the industry to reach its full potential.”

However, to push forward its mission, Persistence needs a trustworthy, innovative, and reputed partner like Razor Network that provides decentralized oracle service to connect smart contracts with real-world data in a fast and secure manner.

Razor Network employs the PoS consensus algorithm and guarantees that nodes behave reliably by enforcing strict penalties in fraudulent or prohibited behavior. Razor Network has no single point of failure, which minimizes the risk exposure of users.

The oracle is the most critical piece of infrastructure for any decentralized finance project. With this integration, developers on the Persistence blockchain will always be assured that they can access external data with the highest security and speed.

Speaking about the partnership, Hrishikesh Huilgolkar, CEO of Razor Oracle Network, said,
When is Blockchain the right solution?
By: Mahesh Singh Madai
Tags: Blockchain, Supply Chain Management, Information Technology, Blockchain Startup

“A Blockchain is a digital, immutable, distributed ledger that chronologically records transactions in near real-time. The prerequisite for each subsequent transaction to be added to the ledger (collection of records) is the respective consensus of the network participants (called nodes), thereby creating a continuous mechanism of control regarding manipulation, errors, and data quality”

For Introduction to Blockchain, you can check the article below

Blockchain fit assessment framework has to be followed to evaluate whether a particular process or use-case is the right fit for a Blockchain-based solution.

The blockchain fit assessment framework can be explained better by any use case. The use-case that I will be using to explain is the Vendor financing use case by Banks.
Ulord Project Progress (From November 12 to November 18, 2020)
Tags: Blockchain Startup

Welcome to contact us. Email: service@ulord.one, or @ulordchain on GitHub or Twitter. Your suggestions are very important to us. We look forward to your support and participation.

Technical Progress

Ulord

1. Feiteng processor openss and botan for hash algorithm support was tested. The preliminary test shows that openssl has a better performance than botan. Next, the research staff will track and debug whether botan uses armv8 crypto instructions to ensure the security of data on the chain;

2. Botan. sha2_32_armv8.cpp using the sha256 instruction in crypto was tested, and by calling the built-in function, the test shows that the speed is still slower than openssl;

3. The performance instructions were tested to ensure the smooth running of the chain.

UDFS

The efficiency of dispatcher IP address recognition was modified to improve the running efficiency of the chain.

Operation Progress

Ulord Chain Cloud Ecosystem News brings the latest blockchain information.

Product Progress

The UDFS reward distribution was optimized to solve the users’ problem.

Terminology

Hash: an input of any length (also known as a pre-mapped pre-image) and transforms it through a hashing algorithm into an output of a fixed length, which is the hash value.This transformation is a compression mapping, that is, the space of the hash value is usually much smaller than the space of the input. Different inputs may be hashed into the same output, so it is not possible to determine a unique input value from the hash value. Simply speaking, it is a function that compresses a message of any length into a message digest of a fixed length.
How Blockchain will change the world of auditing
By: Sophia Casey
Tags: Blockchain, Blockchain Technology, Blockchain Application, Blockchain Startup, Blockchain Development

How Blockchain will change the world of auditing

It is a fact that technology is transforming the mode of business operations, from fast mode automation to flawless output, everything is a blessing of technology. One such technology that has impacted businesses like never before is Blockchain. This distributed ledger technology paves the way for a new set of developments that will improvise the conventional technological platforms.

As per IBM, around 66% of all the banks will have commercial Blockchain products; however, the application of Blockchain is not merely limited to finance. As per the Market and Markets report, the worth of Blockchain is expected to become more than $2 billion by 2021. Amongst the different industries that will be impacted by Blockchain Technology, we have the work of auditing.

How will Blockchain impact auditing?

Blockchain’s impact on different businesses is evident from the fact that most of these are trying to use it for their benefit. Here we are highlighting how will it show its impact on auditing work:

1. Change in the role of auditors: One of the first changes that Blockchain is going to bring in the world of auditing is that the role of the auditors will change to the analyst. They will be interpreting the data that is recorded on the Blockchain and will deduce the inferences from the same. Compliance auditors will assist in handling the identities of the individuals, companies, and linking the same with the assets.

Besides, traceability with the provenance of goods will also allow the auditors to trace an asset over time and will also provide proof of transactions in real-time.

2. No data alteration- One of the key works of any auditor is to ensure that every information on the ledger is right and unaltered. With the conventional system, there is no guarantee of authenticity, as there is a greater potential to impact and alter the data. But with Blockchain, you don’t have to ponder over this fact. All the information entered in the DLT is encrypted cryptographically, thus assuring that the data is absolutely safe and free from a data breach.

3. Data security- What makes Blockchain so imperative for auditing work is that it allows data security. One of the prime concerns of any auditor is to ensure that all the data in the ledger is correct and free from any errors. The best way is to opt for a method that is infallible and secure. Blockchain is that platform. Since the data is encrypted and is time-stamped. Any change or alteration in data will be easily reflected in the ledger, thus ensuring complete data security.

Conclusion:

With all these features, it has become evident that Blockchain is one of the best choices for auditing and allied work. Every finance professional would be required to know about Blockchain and how to use the same for auditing work.
Footium — The Beginners Guide (pre-release)
By: James O'Leary
Tags: Football Manager, Nft Collectibles, Gaming, Blockchain Startup

Introduction

In this guide, I shall show how you can use Footium’s core features: Claiming a Club, Signing Academy Players, Trading Players, Trading Clubs as well as a glance at the other interesting features.

Before we begin

Algosigner doesn’t currently offer the functionality to sign group transactions, as a stopgap measure, we are using goal Algorand’s CLI for interacting with all their core services. This will be updated between 20/11/2020 and 22/11/2020.

Signing in

To be able to interact with the game the player needs to sign into their Algorand wallet.

Claiming a Club

We’re ready to get started! Now that we are signed in we can browse the list of clubs, looking for one we like the look which hasn’t already been claimed. After we execute the transaction we can check my clubs which show the teams we already owned and Carlhampton United who we’ve just claimed!

We shall be running the following command:

goal clerk sign -i <( echo “<base64>” | base64 -d ) -o /tmp/signed.txn && base64 /tmp/signed.txn

Signing Academy Players

Now that we have a club, we can sign players from the club’s academy. Signing our players is important if we ever want to trade them. We can’t wait forever though as other club owners can sign your players if they’re over 21 years old!

We shall be running the following command:

goal clerk sign -i <( echo “<base64>” | base64 -d ) -S <address> -o /tmp/signed.txn && base64 /tmp/signed.txn

Trading Players

Putting a player up for sale

If you see a player that you like the look of and they’re up for sale you can buy them immediately.

However, even if they’re not formally on offer don’t lose hope! You can send a bid which the owner can choose to accept or reject.

Trading Claimed Clubs

Putting Clubs up for sale

Part of what differentiates Footium from other football manager games are the levels of play; users can have multiple teams at any given time, playing them in different ways.

Leagues

We currently have 20 clubs in our league, with Carlcoln Rangers clinching first place!

Fixtures

We can see all the games scheduled for the current season by looking at the fixture list.

Results

We can see the results of historical games as well as all their important details.

Thanks for reading!

Check out the game on our website here!

Sign up for updates on new and improved functionality here!
PALP Tokenomics Explained
By: Palp Finance
Tags: Blockchain, Defi, Cryptocurrency, Blockchain Startup, Finance

Overview of the PALP Tokenomics

Key Metrics

Ticker: PALP

Token Type: Utility Token

Total Token Supply: 40000000 PALP

Initial Circulating Supply: 12000000 PALP (30% of total supply upon Uniswap listing)

Token Sale

10000000 PALP tokens will be distributed via token sales. This makes %25 of total token supply. There will be two rounds of token sale.

· Early Supporter Round: 2400000 PALP Tokens

· Pre-Sale Round: 7600000 PALP Tokens

· There will be no lock-up or vesting on those tokens.

Development

8000000 PALP tokens are allocated for project development, which makes 20% of total supply.

· Development tokens will remain locked for 6 months after listing.

· After & months, these tokens will be released partially to improve the products and ecosystem.

Staking Reserve

12000000 PALP tokens are allocated for staking reserve, it consists of 30% of total supply.

· Staking reserve tokens will remain locked for two months after listing.

· Once PALP staking platform goes live, these tokens will be released partially to distribute as staking rewards to the PALP stakeholders.

Team

6000000 PALP tokens are allocated for the team. Team token allocation consists of 15% of the total supply.

· Team tokens will be locked for 2 years after listing.

· After 2 years of hard work and development, those tokens will be shared among team members.

Marketing

2000000 PALP tokens are allocated for marketing budget. Marketing tokens consist of 5% of the total supply.

· 100% of marketing tokens will be unlocked upon listing.

· Most of this fund will be used to introduce for PALP and token sales.

· Marketing tokens will also be used for giveaway and community rewards.

Liquidity Provision

2000000 PALP tokens are allocated for liquidity provision. They consist of 5% of the total supply.

· After token sales end, all of those tokens will be added into Uniswap PALP/ETH pool.

· Upon listing, those tokens will be locked through smart contract.

About PALP

PALP provides lending and staking services with the help of blockchain. PALP is a fully decentralized, P2P automated lending platform. PALP aims to build a trustless, permissionless lending marketplace whose control fully belongs to lenders and borrowers. We target to empower the next generation of decentralized services, decentralized finance and enterprise solutions. PALP creates a robust and sustainable monetary system which helps people increase their buying power.

Join our community!

Telegram

Website

Twitter
Why is it difficult to hack a Public Blockchain?
By: Chintan Dave
Tags: Blockchain, Blockchain Technology, Blockchain Application, Blockchain Startup

Why is it difficult to hack a Public Blockchain?

A Public Blockchain is a decentralized system. In such a system there are multiple nodes and each node is synced with the entire Blockchain database. To hack such a system, a hacker has to alter information in all the nodes. This is practically impossible. Even if somebody is able to hack it, the value of hacked coins goes down exponentially. Due to this the return on investment becomes very low for a hacker. In a public Blockchain the cost of transaction is high because a transaction is verified by thousands of users. Due to this a hacker has to pay a large amount of money to alter such transactions.
What are the main characteristics of Blockchain?
By: Chintan Dave
Tags: Blockchain, Blockchain Technology, Blockchain Development, Blockchain Startup

What are the main characteristics of Blockchain?

Some of the main characteristics of Blockchain are as follows:

Global: In Blockchain, everyone can access and read entries in the database. It is globally accessible.

Transaction: If you want to change any value in Blockchain, then you have to create a transaction. This transaction has to be acceptable by other participants in Blockchain. Let say we want to transfer electronic currency from one account to another account in Blockchain, the transaction will be complete only when money is subtracted from sender and added to recipient. Crypto-signed: In Blockchain, a transaction has to be cryptographically signed by the sender. Due to this, only the person creating the transaction can transfer money.

Double spend: In case there are two transactions that want to subtract money from the same account. This may cause double-spending. In Blockchain this issue is overcome by maintaining the order of transactions. These transactions are bundled in a Block and these are executed one after another. Due to this, the second transaction may not be successful after the execution of the first transaction.
6 Benefits To Master As Blockchain Developer
By: Sophia Casey
Tags: Blockchaindevelopcompany, Blockchain Technology, Blockchain Startup, Blockchain Development, Blockchain Developer

Blockchain is a new and trending technology that is redefining how does the technology work. It started as an underpinning technology for Bitcoin transactions, but now it assists other technologies like AI, data science, IoT. Many big names in the industry like IBM, Wallmart, Amazon are actively working on Blockchain and have launched various projects that are aided by Blockchain technology. Owing to the fast-pace growth that we are witnessing, Blockchain is also becoming a popular choice amongst individual who is willing to make a career in this field. Blockchain developers were one of the highest-ranking skills in 2019. Besides, Blockchain also holds a lot of opportunities and has a scope of growth. In this blog, we are going to discuss what are some of the key benefits of mastering the Blockchain developer course.

6 benefits of Blockchain developer :

Job security- Before considering any other advantage, one of the key reasons that people are opting for Blockchain developer certification is because it is the technology of the future. Hence, most of people are opting to learn about this technology. Since most of the companies would be investing in Blockchain staying adept with it will always keep your job secured. Good package- The next big thing that one eye for after job security is a good package. Annually a Blockchain engineer or developer can earn a package of $90,000 — $220,000per annum. This package is for beginners; hence, if you are planning to become a Blockchain developer, a good salary package awaits you. Gives weightage to your resume- You have to stand ahead of the competition to excel. One of the ways is to acquire skills that are in-demand and most required. With Blockchain technology, you become adept with the latest developments. Also, it gives you a competitive edge. Better exposure to the latest technologies- It is paramount that one must be adept with the latest technologies to stay ahead and grow professionally. Blockchain is the technology of the future, and knowing about it is going to strike a chord with the latest development and bring the best to the company. Integration with new technologies- One of the notable features of Blockchain is that most of the new technologies are now working in sync with Blockchain, if you are planning to become an AI expert, and you have knowledge about Blockchain, then you hold better prospects of growth. Upskill yourself- After reaching a certain management profile and designation, people often wonder what next? If you too are thinking in the same league, then you must consider learning Blockchain. This is the new-age technology that has the potential for future growth.

With this set of advantages, learning Blockchain should be your next move. To enrol for the best online certificate program in Blockchain development, connect with Blockchain Council today.
A Complete Guide on How to Deposit Fiat on NaijaCrypto
By: Naijacrypto Exchange
Tags: Nigerian Economy, Cryptocurrency Exchange, Bitcoin Trading, Blockchain Startup, Fiat To Crypto

A Complete Guide on How to Deposit Fiat on NaijaCrypto

Welcome to Naijacrypto, the exchange with limitless possibilities. By now you must have opened an account with Naijacrypto, done your email verification and look forward to trading your favourite cryptocurrency pairs (if you have not opened an account click Here). That great step starts with first making a coin/fiat deposit from another exchange or making a fiat deposit to your Naijacrypto wallet.

Here are some tips to make you understand fiat deposits better;

A fiat deposit is the process of moving Naira (fiat) from your bank account to your Naira wallet on Naijacrypto for subsequent trading. Interesting right?

To initiate a fiat deposit, sign into your Naijacrypto account, click on deposit from the array of options on the topmost corner of the exchange, from the list of options, select NGN since you want to deposit Naira.

There are three ways to make Naira (fiat) deposit on Naijacrypto; Instant Deposit, Bank Transfer and Paystack.

These three methods of fiat deposit are examined below.

Instant Deposit: This is the first deposit option you find when you get to the fiat deposit page. Here are a few things to note;

The instant deposit page provides a unique bank name, bank code, account number and account name.

The details provided here are unique to your account and helps to process your deposit request immediately. It can be initiated through a bank transfer on the bank app or over the bank counter.

This fiat deposit method is instant; you can however change to the other two options by clicking on the arrow beside the "Instant deposit".

2. Bank Transfer: This deposit method makes use of the usual bank and USSD transfer we use in everyday life via our bank app and mobile phone numbers. These are the important things to note.

The details to receive the transfer amount including the bank name, account name and account number are displayed on this bank transfer page.

After completing the bank transfer, a clear screenshot of the transaction notification must be uploaded to the upload page provided.

Naijacrypto then examines and confirm the transaction, once this is done, it is approved. This deposit method may take some time before it reflects.

3. Paystack: This method of payment is also incorporated into Naijacrypto for easy card payment. Here are things to note:

To initiate a fiat deposit through paystack, locate the paystack option and enter the intended deposit amount.

A payment gateway is opened, where the necessary card details are provided to facilitate the payment.

These details includes ATM's serial number, CSV and ATM pin to authorise the transaction. The payment method reflects instantly.

Now that you have learnt how to make deposits on Naijacrypto, it’s time to make that deposit, place some trades and make some profits.

Get started with the All in One Exchange, Naijacrypto

Written by: Akeju Abiola
IAGON Has Been Approved For SkatteFUNN
By: Iagon Team
Tags: Blockchain Technology, Cloud Computing, Blockchain Startup, Iagon, Cloud Services

Dealing with uncertainty during these pandemic times, our team is moving forward to achieve IAGON’s mission and create a world where anyone can profit by joining a massive processing and storage platform.

We are happy to announce that IAGON has been approved for the well-known and important SkatteFUNN program.

It means that IAGON has been recognised as a company that seeks to develop a new or improved product through a dedicated R&D project. This will help to generate new knowledge, skills and capabilities within the company.

The SkatteFUNN R&D Project is a government program designed to stimulate research and development (R&D) in Norwegian trade and industry. The incentive is a tax credit and comes in the form of a possible deduction from a company’s payable corporate tax.

We need to note that SkatteFUNN is aimed to significantly increases recipients’ investments in R&D and enhances innovation and productivity.

The SkatteFUNN is open to all companies with a permanent establishment in Norway as long as the R&D costs can be attributed to future earnings of the Norwegian company.

How This Will Help IAGON

Participation in this program will help us stay on track to continue product development despite all the negative impacts of the coronavirus pandemic. It means, we can invest more funds in research and development of our products and become the next tech stack in the book.

We need to remind you that we have a complete working product and you can try our Platform — https://iagon.com.

Our main goal is to make the platform super functional but at the same time understandable and easy to use.

We are going strictly according to our roadmap, so please stay tuned with our updates with all the innovations and improvements.

About SkatteFUNN project

The SkatteFUNN R&D Project is a government program that is designed to stimulate research and development (R&D) in Norwegian trade and industry. Businesses and enterprises that are subject to taxation in Norway are eligible to apply for tax relief.

Approved projects may receive a tax deduction of up to 20 percent of the eligible costs related to R&D activity. All costs must be associated with the approved projects.

For more information and to see what else is going on with IAGON, please follow us at the social media links below, or head over to the IAGON Website!

Facebook, LinkedIn, Reddit, Twitter, Telegram, Youtube, Medium
Official Announcement: We are now in Shenzhen
Tags: Shenzhen, Blockchain Startup, Tokenization, Digital Asset, Capital Markets

It is with great pleasure and much pride that we announce the formal establishment of RedBlock Inc. in Shenzhen, China!

That’s right. We at RedBlock can now officially call the city of Shenzhen our home. Although we are a global company, we took great care when choosing where we wanted to establish ourselves, so we want to give a bit of background to this amazing city and what makes it the perfect place for RedBlock.

A trailblazing city, it comes as no surprise that Shenzhen is taking the lead when it comes to fintech, having had the distinction of being the test city for the Chinese digital yuan, with an official digital yuan app available and fintech innovation platform in the works.

Since President Xi Jinping came out in support of blockchain technology in 2019, blockchain-related stocks have gained substantial momentum, as indicated by the growth of the SZSE (Shenzhen Stock Exchange) Blockchain 50 Index’s trading volume (from bitcoin.com).

President Xi has also said that blockchain capabilities need to be expanded and improved upon, citing their applications towards industries such as smart cities, transportation, energy and food safety, to name a few. (from ledgerinsights.com)

Shenzhen received praise from President Xi when he visited the city in October for the celebration of the 40th anniversary of its designation as a Special Economic Zone. Shenzhen’s development, trailblazing, and subsequent reception of praise is all due to, and will benefit from, its inclusion in the plan to make the Guangdong-Hong Kong-Macau Greater Bay Area a hub for technology and finance.

And this plan is not a forthcoming one. Earlier this year, China Guangfa Bank launched its successful pilot payment settlement system built on the blockchain for the purpose of lowering economic borders. And they are not alone, either, as the People’s Bank of China is also developing its own blockchain-based trading platform, joining China Construction Bank as it rolls out the second version of its own blockchain platform. With Shenzhen’s backdrop of blockchain application development, we are perfectly positioned, especially considering our strong presence in the APAC region.

All of this makes the team here at RedBlock proud to call Shenzhen, a city thriving with innovation and possibility, our home. We believe that blockchain technology can be leveraged to improve the investing and capital raising processes, thus bringing greater speed to the development of a myriad of industries and infrastructures.

We are committed to being a leader in blockchain technology’s story of increasing efficiency and lowering the barrier-of-entry when it comes to global capital markets. So, what better place to do that than in Shenzhen?
Introducing the Props Film Series, “Props to You”
By: Props Project
Tags: Blockchain, Customer Success, Cryptocurrency, Blockchain Startup, Loyalty Program

Props

[props] noun

slang for giving proper or due respect or recognition; credit.

Watch all of the episodes by visiting the official “Props to You” page.

Since our founding in 2017, the Props Project team has been working to provide a better, more innovative way for companies to offer loyalty program rewards that create a truly synergetic incentive system. Over the years, we have been able to show that blockchain will transform customer loyalty programs in a revolutionary way.

We offer a bridge for Web 2.0 companies to experience Web 3.0 blockchain capabilities, and ensure that consumer apps have the most seamless way to provide users access to a global ownership economy. During this journey, we have been surrounded by an exceptional community of supporters from investors to power users, Props employees to forward-thinking app partners.

Without their support we wouldn’t be where we are today. As we move forward into the next phase of Props development, we look to members of the Props ecosystem to communicate the vision and our simple yet innovative loyalty token solution.

We invite you to join us for our film series, “Props to You” twice a week starting on Thursday, November 12th to learn more about the people who believe in, work for, and see a future for Props Project. Stay tuned for each episode, featuring the following community members:

Jake Brukhman, Founder & CEO of CoinFund, investor in Props Project

Zarifa Sabah, Power User of eCommerce app partner Listia

Phil Yang, Director of Business Development of Props Project

Uosof Ahmadi, Props Project Power Supporter & Investor

Peter Watts, Chief Technology Officer of Props Project

Tyler White, Power User of Partner App YouNow & Investor

Rory Geoghegan, Head of Product at YouNow, Props’ first Partner App

Emma McGann, Power User and Influencer of partner app YouNow

With more to come each week!

Along with each episode, you can learn more about each person by reading their extended interview on our blog, as well as see all additional “Props to You” updates and features on the website. We also welcome you, as our community member and supporter, to sign up here to be interviewed and featured in our new episodes.

Props to You for being a part of our journey!
An overview of Blockchain democratized transactions
By: Sophia Casey
Tags: Blockchain, Blockchain Technology, Blockchain Startup, Blockchain Application, Blockchain Transactions

Blockchain applications have overwhelmed most of the industries. It is more than just an underlying technology for Bitcoin exchange. Nowadays, you can find a multitude of applications of Blockchain that traverses different industrial segments. Companies are actively spending money on implementing Blockchain technology for the best of their business. Decentralization, transparency, ease of operation, and data security are key reasons that make Blockchain an inevitable technology for most business processes. Amongst the myriads of use cases of Blockchain technology, its role in the democratization of transactions cannot be undermined. In this blog, we are going to highlight the same.

Blockchain and democratization of transaction:

One of the key things that any individual looks for when doing an online transaction is trust, transparency, and security. With blockchain, you can surely achieve this with ease. The technology boasts of these features.

The Blockchain community members maintain their copies of information, and they validate any update together via a shared consensus mechanism. This information can be anything, identities, contracts, transactions, assets, and any other digital format information. These entries are stored on Blockchain platform in the form of blocks; they are encrypted cryptographically, thus assuring that the data is safe and secure. Also, a breach into the system is not possible. The member of the community can view the histories of the entry.

Since Blockchain provides complete authority to the user, it creates a democratic system where one can have complete control over the transactions.

Blockchain will rewire the market:

The next important aspect of Blockchain is that it remembered the need to have intermediaries. One of the key features that Blockchain offers is that it removes the intermediaries from the system. Thus streamlining the process. It reduces the overhead cost. The trading parties directly interact with each other. It also lets the trading parties directly interact with each other. Thus it ensures the authenticity of records.

With all these features, Blockchain becomes the hot favorite for many companies. They are hiring Blockchain experts who can render Blockchain-based transaction solutions. The use cases are not limited to startups, but even banks and financial institutions are actively adopting blockchain technology to make the payment system seamless.

What’s next?

Your next move should be to become a part of the Blockchain system. This system that guarantees absolute security and no data breach can be the biggest boon to the financial companies. Blockchain Council is offering Blockchain certification courses that will equip you with all the knowledge and information that will act as a catalyst for growth in the professional world.
In distributed systems, what is a simple explanation of the Paxos algorithm?
By: Parag Pancholi
Tags: Blockchain, Blockchain Application, Blockchaintechnolog, Blockchain Startup, Blockchain Development

PAXOS

First consensus algorithm proposed by L.Lamport in 1989

Objective: choosing a single value under crash or network fault

System process

Making a proposal

Accepting a value

Handling failures

so let us go to the Paxos so PAXOS as an interesting history it was the first consensus algorithm that was proposed by Leslie Lamport in 1989 and the objective of paxos was to choose a single value under a crash or network fault so this paxos although it was proposed by Lampard in 1989 but it took around 13 years to get the paper published and there was a lot of discussion among the community about the correctness of this particular algorithm so the reviewers are not very convinced that the algorithm proposed by Lamport is fair enough to ensure consensus in a distributed environment and Lamport tried to come up with a formal proof of this particular consensus algorithm and because of that complicated proof people say that well it is very hard to understand paxos algorithm or it is very hard to implement the Paxos algorithm but although the inherent concept of Paxos is kind of very simple so we look into the Paxos in a simplified view and then we will see that how paxos can be implemented in a real system to ensure consensus so the idea behind paxos is pretty simple it is like that I’m just giving you one example

so in IIT Kharagpur, we have broadly two options where the student can go say after a class say we have a subway and we have a CCD now after the class the students can collectively decide that all of them want to go for either for the subway of for the CCD now the question comes that how will this select that whether they want to go to CCD and go to subway and the interesting is that all of them want to go for together otherwise the party would not be that much good so that is why the students want to make some decisions collectively that they want to go to either subway or CCD but there is no central leader the only way to communicate with that they will just everyone in proposing certain values and from that value proposal they will try to come to a consensus read more
“Being Smart” is not enough to protect you from online romance fraud, as research says so.
By: Cj Tseng
Tags: Online Dating, Blockchain Startup

Online scammers know what you are looking for, also know what kind of bait you would take.

In horror movies, there are always awkward actions that you don’t identify with. “Why would the protagonist run into the barn when it’s all dark and ominous?” You might argue. In reality, “getting scammed” is like that horror movie which you deem silly and stupid if you watch it from bystander’s perspective.

Unfortunately, you’re more likely to get scammed than you want to admit. According to this research on e-mail scam from Purdue University, 59.3% of participants indicated they could identify scam e-mail.

But in reality? Only 1.7% could.

If only 1.7% of people could identify scam e-mails, then what makes you think you can consistently identify fake profiles on dating platforms, where everyone can delicately set up lifelike profiles, promising dates that only happen in your dream?

That’s why we created TomoTouch, the very first dating platform that promises authenticity. We verify users’ accounts through DID (Decentralized Identifier), which connects encrypted but verified personal information to accounts.

For example, If we were a centralized dating platform and wanted to verify your wealth, we would ask for your financial statement; then we would manually look through your statement, which contains your account details, so that means you had to trust us in handling your privacy.

But you shouldn’t need a leap of faith to use a dating platform! In our case, you can easily earn the “Proof of Wealth” badge by depositing stablecoins into our smart contract, which is a string of code that automatically connects the badge to your account. We are not the one verifying your information; the codes are.

With DID, more personal information can be verified in total privacy, like your appearance, biometric information, etc. And therefore, setting up a fake profile is nearly impossible. We want to ensure that not only you won’t get scammed, but also the person you see on our platform matches the one you meet.

We are a “trustless” dating platform. You don’t need to trust us in handling your data, because we won’t be handling your data. Similarly, you don’t need to trust the validity of the profile you see on our platform — because validated information is definitely real, it can’t be altered by anyone, not even us. We believe that no one should be scammed on their way finding love, and that is what we set out to achieve.
What is Blockchain? A Simple Definition
By: Priyanka Patil
Tags: Blockchain, Blockchain Technology, Blockchain Startup, Blockchain Development, Mobile App Development

It is interesting to know that 90% of the bank’s infrastructure cost has been reduced through blockchain technology.

Other interesting statistics about blockchain technology are that by 2024 its occupancy will reach approximately 20 billion.

This increased funding for the data to approximately 76 million.

Financial and technology companies invested $ 1.4 billion in blockchain in 2016.

On average, investments in blockchain projects in 2017 were $ 1 million.

What is Blockchain Technology?

Blockchain technology is very simply defined as a decentralized, distributed ledger that records proof of digital property. Our guide will guide you through what it is, how it was used, and its history.

Blockchain is a system that records information in a way that makes it difficult or impossible to modify, hack, or defraud the system.

Blockchain is a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems in the blockchain. Each block in the chain contains a number of transactions, and each time a new transaction is made on the blockchain, a record of each transaction is added to each participant ledger. A decentralized database maintained by multiple participants is called Distributed Ledger Technology (DLT).

Blockchain is a type of DLT in which transactions are recorded with an invariant cryptographic signature called a hash.

This means that if a block in a chain is changed, it is immediately clear that it is damaged. If hackers want to corrupt the blockchain system, they have to change every block in the chain, in all distributed versions of the chain.

Blockchains such as Bitcoin and Ethereum are constantly and continuously increasing as blocks are added to the chain, which significantly contributes to the security of the ledger.

Why is there so much hype around blockchain technology?

There have been many attempts to create digital money in the past, but they have always failed.

The current problem is trust. If someone creates a new currency called X Dollar, how can we trust that they will not give them a million X Dollars, or steal your X Dollars for themselves?

Bitcoin is designed to solve this problem using a specific type of database called a blockchain. Most common databases, such as the SQL database, have people responsible for changing entries (e.g. giving them $ 1 million). Blockchain is different because no one is responsible; It is run by people who use it. What’s more, bitcoins cannot be counterfeited, hacked, or doubled — so people who have this money can trust that it has some value.

As The blockchains technology is using by many Industries you know many companies are using private blockchains today!!
Promising Blockchain Companies Compete at CoinAgenda Global 2020: BitAngels Pitch Day
Tags: Blockchain, Technology News, Blockchain Startup, Entrepreneurship, Business

We had a great time at CoinAgenda Global 2020: BitAngels Pitch Day last week. It’s a different world because of COVID-19, but BitAngels has pushed forward and shifted to virtual events this year so we can keep the community connected and play a part in maintaining the momentum of the blockchain industry. As much as we wish we could meet in person and shake hands these days, the virtual networking room after the event was a great substitute.

We had 23 companies present some great pitches. That’s a whole lot of ideas shared in one competition, and it was truly inspiring to see entrepreneurs working hard and remaining upbeat in the current climate. Surely, the blockchain industry is not slowing down, and compared to last year’s BitAngels Pitch Day, I’d say the competition has gotten even fiercer.

As inspiring as all the presentations were, in the end, we had to choose winners, and these three stood above the rest:

First place: Opolis

Second place: Splinterlands

Third place: Icecap.

Opolis is a Denver-based startup offering portable health benefits, financial automation, crypto payroll, and other shared services for freelancers, independent contractors, solopreneurs, creatives, consultants, and gig workers. The company also recently announced an upcoming rewards token launch slated for early 2021.

Splinterlands, a blockchain-based trading card game platform, lets players trade, sell, and lease their card assets. Their cards are compatible with third-party marketplaces, including OpenSea, PeakMonsters, and Monster Market. Splinterlands will begin selling the first set of digital land in the game starting Nov 7th, and players can craft new NFTs by harvesting, refining, storing, and minting new NFTs.

Icecap, a blockchain-based marketplace for investment-grade diamonds, uses Ethereum’s ERC721 non-fungible token standard to give diamonds their own digital token, which represents rights to the diamond and enables it to function as a tradable asset.

Whether or not we can meet in person, BitAngels will be here. Join our membership for free access to past recordings, and as always, you can submit your company to pitch for free at one of our upcoming events. The future of the space is bright, and we can assure you the next breed of entrepreneurs and ideas in the space will cement blockchain’s power and make it more impactful and user friendly.