Saturday, December 16, 2017

Bitcoin Takes All? Enterprise Blockchains Need Time, Too

This is not the kind of technology where you "move fast and break things." Financial market infrastructure is too big to bet on a buzzword.

from CoinDesk

How Blockchain, AI And Other Tech Trends Will Disrupt Healthcare In 2018 - Forbes


Forbes

How Blockchain, AI And Other Tech Trends Will Disrupt Healthcare In 2018
Forbes
If they take part in a trial and the drug gets approval, patients can partake in the benefits instantly through smart contracts. Blockchain and AI could enable a structural shift where all parties share data in a decentralized fashion, wherein the ...



from blockchain - Google News

FLUX announces the start of an open token sale on December 10th

flux fund ico
FLUX announces the open token sale starting December 10th. FLUX is the first real gaming ecosystem based on blockchain technology with the aim to unite all stakeholders of the gaming industry – gamers, community-members, virtual game asset owners, bloggers, developers and investors. The team of FLUX creators includes professionals with deep practical experience in e-sports, game industry, digital television, media, blockchain technologies, and has an excellent practical understanding of market structure, consumer behavior, conversion attraction models.

During the pre-sale held from December 1st we have raised astonishing $2 million and closed the minimum cap. The team is thankful to each participant and is now ready to welcome everyone to the FLUX community.

FLUX is the first platform of its kind, and its economy assumes absolute transparency and absence of boundaries which provides new possibilities to monetize any game and activities around it thanks to the unique FLUX COIN token. FLUX, and its own token (FLUX) will be the main means of payment within the ecosystem. Each person who registered before December 10th receives a 35% token bonus. Moreover, if you invest more than $500k, a personal escrow plan called SICS (Special Investment Control System) will be applied to you. This plan is a strong insurance that funds attracted via an ICO are correctly used according to the initial agreements. According to it, the FLUX team will receive only 15% of the allotted budget and will then take partial payments from said budget during the development process. If the investor’s expectations are not met, they can withdraw the funds anytime. Thus, Investors can always keep their project investment process under control and make themselves safe from financial losses. It is highly important to notice that FLUX Token Sale provides the community with VISA/MC investments availability.

Our first milestone is to release a fully functional matchmaking platform based on Ethereum by the end of Q1 2018. Prior to this, FLUX will conduct the second and final token sale without bonuses, so don’t miss out on the opportunity to purchase tokens during the open sale with bonuses on December 10.

With the help of blockchain technology and smart contracts, the whole process becomes as transparent and automated as possible, which makes the platform a strong extension of the existing industry and enables the use of crypto currency in real business.

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.



from The Merkle

A Hitchhiker's Guide to the Blockchain Highway - Coindesk


Coindesk

A Hitchhiker's Guide to the Blockchain Highway
Coindesk
A video blogger and content creator better known as "Mike in Space," (@mikeinspace) is the writer-director of the "Bitcoin Car Talk" YouTube series. The following article is an exclusive contribution to CoinDesk's 2017 in Review. Hello, Bitcoiner – Go ...



from blockchain - Google News

A Hitchhiker's Guide to the Blockchain Highway

Not for easily swayed, vlogger Mike in Space narrates a tour through the world of bitcoin memes (and mixed messages) of 2017.

from CoinDesk

HPE Will Offer R3 Corda Blockchain Tech On Its Non-Stop Computing Platform - Forbes


Forbes

HPE Will Offer R3 Corda Blockchain Tech On Its Non-Stop Computing Platform
Forbes
“Our customers have been playing with blockchain for two or three years, and especially in finserv which leads the pack in terms of investment and experimentation,” said Davison. “With some exceptions, platforms are still pretty immature but banks are ...



from blockchain - Google News

ICOs Have Now Raised Over $4B in 2017

Even after losing steam coming out of the summer and autumn, ICOs continue to attract investor attention. As we close in on the latter half of December, they’ve raised a collective US$4 billion over the course of 2017.  This is not only a significant financial milestone, but it speaks to blockchain’s budding mainstream appeal as we move into an era of adoption and regulation.

Make Room for the Boom

Back in July, Autonomous Next, the fintech analytics company, published a thorough study on ICO fundraising trends. The report contained a number of detailed analyses, including notable ICOs, ICO funding by industry, and overall ICO growth. When it was published, the report found that ICOs had raised over US$1.2 billion in the first half of 2017, up more than 300% from the US$265 million they had raised between 2014-2016.

Now, that mid-year estimate is up almost 300%, as Autonomous Next reports that ICOs recently surpassed US$4.2 billion in fundraising for 2017.  The majority of this growth came between the months of June and October, when investors poured a cool US$3 billion into ICOs and their projects. After seeing a record high of US$800 million in funding during the month of September, however, buying mania has largely subsided. November growth, for example, was sluggish compared to the rest of 2017, barely climbing above US$100 million.

A number of factors could be contributing to this sea change in ICO success. For one, when ICOs were reaching their peak, many investors were of the mindset that they could easily double or triple their gains by selling once a coin entered the market. As this approach became more commonplace in the community, the strategy became less lucrative, and ICOs depreciated in value once they hit exchanges.  Thus, it became more advantageous to buy a coin once it dropped in price post-ICO.

The November and December Bitcoin bull market may be another contributing factor. In the past two months, Bitcoin has more than tripled its valuation after a steady rise from US$3,000 to US$5,000 in September and October. The majority of the crypto markets benefited from this bull run, especially the top 10 coins, all of which experienced all-time highs in the wake of Bitcoin’s own. With Bitcoin now on the march to US$20,000, it’s likely that would-be ICO investors would rather hold top market cap coins than risk losing potential profits on unproven projects.

Fundraising for the Future

As the study details, we’re not only seeing impressive gains for ICOs, we’re seeing industry expansion as well. In 2014, ICOs fell into two categories: cloud services and cryptocurrencies.  Now, their industries have increased nearly five-fold. Since the beginning of 2017, there have been ICOs for cryptos in the IoT industry, banking and payment systems, financial investment services, and core tech, among others.

Along with its overall market growth, ICOs have demonstrated that blockchain is maturating into the realm of mainstream business and enterprise solutions.  With the new year will come working products, main net launches, and public services from a number of cryptoassets. The diversity of ICO projects is a testament to the applicability of blockchain and the versatility of its use cases for everyday services.

2018: An Institutional Era

With mainstream adoption comes public and institutional attention, and this attention is an open invitation for governmental regulation.

We’ve already seen a number of governments step into the cryptosphere and seek to regulate it. In South Korea, the government has set guidelines for exchanges and sought to curtail investment risks for its citizens. A while back, the government even enacted an outright ban on ICOs to protect its populace from scams and fraudulent offerings.

Meanwhile in the US, the Trump administration has been relatively silent about how the United States intends to approach a maturing blockchain industry. The US Securities and Exchange Commission, however, has started to establish its own regulatory guidelines for ICOs.

In a December 11 statement, SEC Chairman Jay Clayton roughly conveyed how the commission intends to approach cryptocurrencies generally and ICOs specifically in the future. “By and large,” Clayton wrote in the memo, “initial coin offerings…involve the offer and sale of securities and directly implicate the securities registration requirements and other investor protection provisions of our federal securities laws.” While Clayton does not believe all ICOs fall under this classification, in the future, ICOs will have to either a) prove that they do not function like a security or b) register as such with the SEC.

Ultimately, the SEC’s efforts are in line with the South Korean government’s regulations. With regulation, Clayton hopes to prevent “opportunities for fraud and manipulation,” and he believes proper licensing will protect investor interests.

These regulations, Clayton holds, should not be seen as a hindrance to crypto’s potential. “The technology on which cryptocurrencies and ICOs are based may prove to be disruptive, transformative and efficiency enhancing,” he stated.  Overall, the SEC Chairman is positive about crypto’s future outlook amidst increasing regulation, and he’s “confident that developments in fintech will help facilitate capital formation and provide promising investment opportunities for institutional and Main Street investors alike.”

 



from The Merkle

Blockchain-Based Startup Creates New Opportunities for Charity - Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)


Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)

Blockchain-Based Startup Creates New Opportunities for Charity
Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)
All proceeds from these auctions will be donated to the Blockchain Education Network (BEN), an international nonprofit organization dedicated to forming a network of students; the Bancor Foundation, which promotes the development and adoption of the ...



from blockchain - Google News

What is Substratum?

SUB

In response to US Federal Communications Commission (FCC) voting to repeal Net Neutrality laws, Net Neutrality supporters who fear the worst are looking towards Substratum (SUB) as their saving grace. SUB has seen a significant boom in the wake of the vote, rising into the top 100 on Coinmarketcap recently. It currently sits at #98 with a market cap of just over $100 million.

Substratum is an ERC-20 token aiming to decentralize the internet. In Substratum’s system, web users can access web browsing and hosting capabilities from other users in the network. These users represent individuals worldwide contracting their personal computers and physical servers in exchange for SUB. Rather than paying fixed costs, users on the network pay for the amount of bandwidth they use through web browsing or other web browsers interacting with their content. Additionally, individuals contracting their hardware decide how much of their processing power they seek to sell out and at what times of day, making the process as comfortable and efficient for everyone involved as possible.

The alpha of this platform (Version 1) is slated to launch at the beginning of 2018. Along with this first version, the source code will be made public for members of the community to view and contribute to. As testing continues, more tools will be integrated onto the platform, with a public beta currently planned for this time next year.

Beyond acting as a decentralized internet, the platform promises a number of additional features for content creators and viewers. Developments are planned to include a number of developer -tool-kits and extensions. There will also be an app store specific to SUB users, where developers can sell or share their own developments on top of the peer-to-peer platform with all other users.

In an ISP environment where consumers experience content throttling and premium content packages, SUB offers an efficient and fair alternative. Beyond this, Substratum provides internet freedom to users based in censored jurisdictions, such as citizens of China. Furthermore, SUB brands itself as a cheaper alternative to traditional means of web hosting and browsing.

Critics of this project may claim that, although Substratum is branded differently, this project does not adequately distinguish itself from existing cloud computing cryptocurrencies, such as Elastic (XEL) and Golem (GNT). These projects, which have been in development and circulation for longer, may pose a threat when standing against SUB.

On top of this, while SUB explains heavily why their system is better for consumers, it does not explain the drawback that hosts will have to the network. For existing physical web hosts, it’s impractical for them to forfeit existing, subscription-based profits to participate in this new, pay-as-you-go system. Additionally, SUB does not appear to represent a more resource efficient alternative to mining for the household PC. If contracting one’s internet access is not less resource intensive, or does not payout at higher rates that traditional crypto mining, it’s unlikely that significant participation in the network will be experienced.

Regardless of your views towards Substratum, it is clear that, at this point in time, this project is leading the fight against Net Neutrality repeals in the cryptocurrency sphere. Whether a competitor will overtake them or not can only be seen through the passing of time.



from The Merkle

Blockchain-Based Startup Creates New Opportunities for Charity - Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)


Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)

Blockchain-Based Startup Creates New Opportunities for Charity
Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)
All proceeds from these auctions will be donated to the Blockchain Education Network (BEN), an international nonprofit organization dedicated to forming a network of students; the Bancor Foundation, which promotes the development and adoption of the ...



from blockchain - Google News