Buy Chain Of Thing Whitelist

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The US based company, Dragon Chain has been gaining quite a bit of attention from both newcomers and veteran crypto investors.

Dragon Chain offers blockchain as-a-service, which allows businesses to implement blockchain technology to secure their databases and execute smart contracts - all without any technical expertise. All business data is retained by the owning company and with a server-less scalable platform, any further development can be done with ease. In addition to real world use case, Dragon Chai also serves as a platform for exclusive ICOs that can only be participated in by holding the DRGN token. The ICO function of Dragon Chain is projected to be a crucial element as over 200 projects are planned to launch an initial coin offering exclusively through Dragon Chain. To make things better, any upcoming Dragon Chain ICO will accept United States investors and only one KYC (know your customer) is required. The price of the DRGN token began at less than $0.06 at the initial coin offering price in October of 2017. Since then the Dragon Chain token has recently soared past $2 and is maintaining momentum even in the current Bitcoin market. The DRGN token market capitalization hovers in the top 50 range with daily volume of a few million dollars per 24 hours. To bring this all together, an incredibly talented team was formed that consists of some very accomplished individuals. Here’s the thing. Nobody cares about your ICO event. But that doesn’t mean your ICO is doomed. You can make people care, you just need to promote and explain the right aspects of your project. Here at Intrepid, we have been operating in the blockchain and ICO space for several years now. This post will focus on one of the most commonly made mistakes of all. It’s a strategic mistake that can have dire long-term consequences. It’s an issue we tell all our clients about when we work with them to launch their ICO through our ICO coin offering solution,Token Deck. So, what is it? One of the biggest mistakes projects make when launching their ICO is that they focus on promoting the ICO itself, not their company and product they are offering. You may not think this is such a big mistake, but it is, and I will explain why. Branding is critical to the long-term success of all businesses, especially in today’s noisy and competitive marketplace. Contrary to popular belief, branding is not just an endeavor reserved for big companies in more traditional industries. It is equally essential for young projects and SMEs in the blockchain and cryptocurrency space. “Your brand is what other people say about you when you’re not in the room”- Jeff Bezos. Branding also helps build credibility and establish trust, two things which are in short supply in the blockchain space. Finally, a strong brand increases the value of your products and services and loyalty as well. Spending all your time promoting the ICO will not attract the type of supporters that will ultimately make your project a success. If you put minimal effort into the development and promotion of your product, expect the vast majority of contributors to be speculators who just want to make a quick buck. Spraying social media with weak content that focuses on raising money, not the value you can offer, will not help to spark any interest from experienced contributors. What’s more, in 2018, more experienced investors and financial institutions are looking to move into the market. But these institutional investors will be more skeptical than ever before. They will be looking to contribute to more mature projects that can provide a substantial return, not just hype and promises. They will demand that projects have valid business models, transparency, a great product and are led by serious entrepreneurs with vision and commitment. By doing this, you will build a solid community filled with contributors who are committed to the long-term success of your project. 2017 will likely be remembered as a game-changer for the space. Amongst the many important things that took place, the Initial Coin Offering market went into overdrive. So now, focusing on ICO promotion is not only a bad long-term strategy, it just won’t be allowed. That means you will need to start developing valuable content that focuses on other areas to attract contributors to your ICO. Projects need to build a community, develop a reputation and create trust to stand out. This is where content that focuses on the attributes of your company and the value of your project’s product can deliver results. ———– For more details on each of the steps and more in-depth explanations download our “How to Launch an Initial Coin Offering” comprehensive guide. If you’re planning an ICO, Token Deck is our Initial Coin Offering solution that makes the ICO process safe, compliant and easy. Check it out! Anthony is the head of content and research at Intrepid Ventures. He has spent the past several years researching and analyzing technologies and working with a diverse mix of blockchain companies to help them gain insight and develop authoritative content. Also published on Medium. Sergio Fabossi is the VP of Business Development for Blockchain of Things, Inc. He is responsible for channel sales in both Latin America and Europe, guiding the company with its reseller strategy. Mr. Fabossi’s expertise lies in assisting startups with their global market revenue growth. Mr. Fabossi has successfully represented Fineground Networks, Mushroom Networks, A10 Networks, Zenprise with a focus on security systems, network protection, and mobile device management. As an entrepreneur, in 2007, Sergio founded Akcela in São Paulo, Brazil. Akcela has won numerous awards and recognition from U.S. based software and hardware companies including Citrix Systems. Akcela’s clients include Bradesco, Ascenty, UOLDiveo, and C&A along with other banks, retail conglomerates, and IT outsourcing. Sergio is a multilingual enthusiast, fluent in Portuguese, English and Spanish and is also studying French and Italian. He holds a Bachelor’s Degree in Computer Science from the Catholic University of São Paulo. The insurance industry is an old and traditionally minded industry, often plagued by conflicting interests between insurance policy holders and insurance companies. The incentive insurance companies traditionally have of withholding payments or making it difficult to submit claims is removed by giving power back to the people and cutting out the middleman. Instead, anyone can buy “tokenized risk” by holding the Etherisc token and earn returns on the risk they are taking. The potential for savings in a model like this is obviously huge in that it can cut the large bureaucracy that characterizes many insurance companies today. These savings could potentially benefit both insurance buyers and token holders. Certain sections of the white paper also suffer from poor English writing and structuring which can make it difficult to understand. In fact, the Etherisc white paper looks more like an academic paper than a typical ICO white paper. In our view, it still has a way to go when it comes to explaining their concept to the general public. We believe the team would benefit from putting all of these together into a single easily understandable white paper. This document should also include essential information about the token and token sale, which is now largely missing. Etherisc is a company registered in Germany that is issuing a token that will be known as DIP on the Ethereum blockchain. When it comes to the token allocation, details are not easy to come by. We were not able to find any information about this on the website or in any of the 3 white papers that are available online. Eventually, we were pointed to a Google Doc by one of the company’s representatives on Telegram. As stated in this document, only 30% of DIP tokens will be available to the public during the token sale. This is a really small share, which in our view challenges the idea behind decentralized platforms. The overall token allocation is presented as follows: The token price for early contributors will be $0.10 + up to 25% bonus with a high minimum investment of 10 ETH. During the main sale, the price will be $0.10 with no minimum investment. Only non-accredited US investors are mentioned as barred from participating in the token sale. When asked about this on Telegram, the Etherisc representative stated that “some other countries might fail the AML check,” without offering further details. The Etherisc team appears to be fairly large with lots of experienced people from a variety of industries. The team is also more senior than many other blockchain projects, which in our view is better than having a team of only young people with no prior work experience. There are three co-founders on the team, each one with his own area of responsibility: All three co-founders have Etherisc listed as their employer on LinkedIn. The team is also spread out geographically with people from lots of different countries. Despite this, we do have some concerns regarding the team’s preparedness for the ICO (or “Token Generating Event” – TGE – as Etherisc calls it). Firstly, the many white papers that are published on the website make it difficult and confusing to find the information investor’s typically look for before investing. These documents should be merged and rewritten into a single easy-to-understand go-to resource for ICO investors. Secondly, we are critical of the team’s decision to only make 30% of tokens available to the public through the ICO. Generally, anything less than 50% public ownership of tokens challenges our view of what a “decentralized” platform should be like. All in all, we agree that the insurance industry is a good candidate for disruption. We also like the idea of “tokenization of risk” and letting anyone participate and essentially buy risk in return for a profit. This way, there is a huge potential for savings and cutting down on unnecessary bureaucracy in the insurance sector. However, we believe the team still has some work to do on the promotion and marketing side in order to make this ICO more understandable for the general public. All token sale details also need to be made available in one place, and the team should explain clearly their reasoning behind the token allocation model they have chosen. Overall, we arrive at a score of 4 out of 10 for the Etherisc ICO. More information: Featured image from Pixabay. Disclaimer: The author owns bitcoin, Ethereum and other cryptocurrencies. He holds investment positions in the coins, but does not engage in short-term trading. The author has no investment in Etherisc at the time of writing. In a prospectus paper they say the Hdac platform provides authentication, mapping and machine to machine transactions for devices. We will continue to research and work to implement this type of blockchain,” the project says. They further introduce a new ePoW algorithm, but do not provide much information about it except to say that it is permissioned.

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Their plan therefore seems to be a hybrid public-private blockchain, which is minable with block times, but it seems likely that miners would need to be authorized.

That is, he or she creates a smart contract for the IoT, and sends an IoT contract to a specific device to perform machine-based automated work and operation. The IoT contract is a transaction that transfers control commands between user-device or device-device.” “With more IoT devices hitting the market daily, our lives become more connected. Although there are many benefits to this, we open ourselves to great security risks. Blockchain technology, and special [sic] the Hdac blockchain, is the best way to leverage trust, transparency, and security on IoT,” Dae-Sun Chung says. The project seems interesting mainly because of its apparent connections to Hyundai, which means it may be incorporated in some of the motor giant’s aspects. However, it is not clear why a new blockchain is necessary, or what exactly this blockchain provides over other blockchains out there. Moreover, their website seems to be poorly designed at this time, and there are misspellings even in Chung’s quote above, suggesting lack of care or professionalism. Their github has no code on it at the time of writing, and their whitepaper is not quite a whitepaper but a prospectus. The project thus seems to lack any real substance at this stage. With it all seemingly relying on the Hyundai brand name, which we haven’t verified. Therefore can not be quite sure there is any connection with Hyundai or Chung. Ruff Chain combines the Internet of Things technology with the blockchain. contains a distributed operating system and an open main chain, connecting peer to peer network and consensus mechanism from the virtual world to reality. Traditional blockchain forgo Availability over Consistency and Partition Tolerance, however Ruff enabled Availability through the combination of Edge Computing and blockchain, making Availability available, and thus meeting the requirements of elastic real-time requirements. Our goal is to solve the problem of trusted operations and onerous operations between IoT systems in different domains, thus creating an open Ruff Chain Ecosystem. Interface for objects controlled by application. After receiving authentication info through internet request, verifies and executes contract for the user, such as releasing the property right. Cheap easy devices with no storing power can still undertake the light node job. Records info, event registration, and modification broadcast is voter and can change to representative node acted by devices with stronger capacities in the network PoW consensus algorithm was not used, so computing power requirement is relatively low Smart devices such as $200 HTPC, height router, NAS can all capable. The 105 nodes with most votes. Must stick to the rules and responsible for packaging the blocks. Once caught for malicious behavior, will be forgone by voters and loses the representative Representative node can attain mining income through selling blocks. Has certain computing power. Can store headers for all blocks. Can authenticate if designated exchange is registered on chain. Can initiate an exchange using P2P protocol security. Compared to the full node, no need to save and be online 247. So, how do you tell the good currencies from the bad? And what’s the broader purpose of blockchain, the technology that makes bitcoin and other cryptocurrencies possible? “To me, blockchain is two very different things,” Chain CEO Adam Ludwin said on the latest episode of Too Embarrassed to Ask. “On the one hand — it’s a very simple technical answer — it’s a new type of data structure, just a way to store data. That’s one extreme, and that’s true. At the other extreme, in a much more conceptual sense, it is a new internet counterculture. It’s both of those things.” Ludwin’s company helps financial institutions track existing assets using blockchain and connect to emerging cryptocurrency networks, including bitcoin. “The best way to understand cryptocurrency is that it’s a new asset class,” he said. “Every other asset class doesn’t exist for its own self, it’s serving other forms of organization. “They’re enabling some higher form of organization, and what that is is basically decentralized software. Tweet them to @Recode with the hashtag #TooEmbarrassed, or email them to [email protected] Be sure to follow @LaurenGoode, @KaraSwisher and @Recode to be alerted when we’re looking for questions about a specific topic. Tune in next Friday for another episode of Too Embarrassed to Ask! Sign up for our Recode Daily newsletter to get the top tech and business news stories delivered to your inbox. By signing up, you agree to our and European users agree to the data transfer policy. The dating landscape has changed dramatically over the last decade, and decentralised dating is going to be the next big thing. Online dating is more popular than ever before. What was once an activity to be embarrassed about out of fear of seeming ‘desperate’ or ‘lonely’ is now openly encouraged and talked about amongst friends? We’re living in an age where telling someone you’d ‘swipe right’ has become a compliment. This Valentine’s Day, thousands of people around the world will be sending Tinder-themed cards to their partner. But Online Dating Needs a Drastic Overhaul… Of despite all of the Tinder success stories, online dating is far from perfect. In fact, it’s fraught with problems that range from mildly inconvenient to downright dangerous. For example, we might exaggerate our height slightly, or knock a few pounds off our weight. Some people take it much further by building up an entire fake identity. There have been so many horror stories of such occurrences that it’s no surprise that so many people have become sceptical of the idea. It’s very rare that someone we meet online will be exactly who they say they are. After all, they’re trying to impress you. They want to make themselves look as good as possible, right? And that’s not the only problem with online dating. Consider just how much personal information you’re freely handing out when you sign up for a new platform. The more information you share about yourself, the more chance you have of finding a successful, compatible match. The problem is, all of this information is stored on a centralized server. Unfortunately, information theft is rife, and dating sites are becoming an increasingly tempting target for hackers. There have been many instances of users having their accounts hacked and then being blackmailed into shelling out large sums of money to prevent their information from being leaked. The Solution: Decentralize Online Dating As the popularity of online dating continues to climb, it’s becoming increasingly clear that we need an alternative to our current options. For example, Hicky is one of the platforms that’s currently working on changing how we date online. It decentralizes the process of online dating and encourages trust as the foundation for relationships. It is also equally important that users feel as if the information they are receiving from other users is accurate. To ensure this, the platform also includes FaceScan technology, voice verification, and a system of decentralized governance. The team behind the platform could turn out to be its greatest strength. Since launch, the value of the Naga Group token has increased by a total of 150%, while the BlockMason token has increased by a huge 300%. Platform DeskBell Chain simply has no analogues. From banal advertising, to social surveys or content created by users - all this along the chain of tourism in the region and with mutual interest of the parties. Accordingly, the advantage is the flexibility and breadth of platform application for both business and customers. Serial Entrepreneur | Angel Investor | ICO Advisor | Digital Marketing ExpertRated on Mar 30, 2018 12%weight This rating’s weight is reduced by 50% as there is no review added. Co-Founder & President at Koinsquare | Marketing Manager at AidCoin | Campaign Success Manager at 200 Crowd | Advisory Board MemberRated on May 10, 2018 22%weight Really talented team. 1 person agree 11%weight This rating’s weight is reduced by 50% as there is no review added. 56%weight Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer’s results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.Ratings and ICO analyzer results are being updated (re-calculated) every few hours. The missions: Mission 1: Save IoT. Bitcoin is (thus far) 16 billion dollars of un-hackable money on the internet. Based on an open system that is ‘permission-less’ to the world, as such, it is also naturally interoperable. CoT will investigate whether the core technology behind bitcoin, blockchain/distributed ledger technology, can provide a more secure and interoperable fabric for the future of IoT. Today, 240GWp of solar installations have been grid connected,” said Francois Sonnet  of ElectriCChain. “By 2040, the International Energy Agency expects an additional 5,000GWp of solar power, translating into upwards of 200 million decentralized solar applications. By 2020, it is estimated that there will be between 50 and 200 billion connected devices all collecting, relaying, and automatically actioning data. Cybersecurity is the biggest priority in an ever-connected world. We have seen numerous hacks with disastrous consequences for business and even governments.

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This will only get worse.

When you look at the state of IoT today, it doesn’t take a genius to see that there is a security blackhole. No one checks their terms of business when they buy a connected device. If they did, then they would learn that the company disclaims all liability for everything. This is not good enough. Blockchain is the most secure database in the world that has never been hacked. The bitcoin Blockchain is an online monetary system – if you put money on the internet then surely, more than anything else it will be hacked. But bitcoin Blockchain is still there and standing strong. So can these simple security properties within Blockchain technology serve and secure IoT? That is the purpose of the Chain of Things consortium. To deal with the most pressing problem that everyone would prefer to avoid. Based on that, the solar data will be recorded and pushed onto the Blockchains. They will look at the security of adding, maintaining and moving that data on the ledgers. If the security dimensions of Blockchain technology start to make sense, then this event signals the beginning of the build of an open Blockchain IoT standard. Protect yourself from the danger of a connected world. Come and join us (click here) on the 1st June 2016 if you have an interest in security and IoT. If you’d like to join Chain of Things as a Partner, please email [email protected] Blockchain of Things Inc. is the leader in blockchain integration technology. Creating enterprise-class security infrastructure software leveraging the capabilities of a cryptographic blockchain using the Catenis Enterprise™ platform. Help us improve our listing for this ICO by asking a question. IoT Chain, with the IoT standing for Internet of Things, is a blockchain-based operating system for so-called smart objects within the home. IoT Chain is a Shanghai, China-based company that is headed by CEO Xie Zhuopeng, CTO Ding Ying, and CFO Zhao Tan. IoT Chain recently completed an ICO of its ITC token (ITC a compression of “Internet of Things Chain”) in order to crowdfund the company’s development efforts. As of this writing, ITC token valuation is $1.97, up from its approximately $1.25 initial price when the coin went public on December 26, 2017. The success of IoT Chain, and its ITC token, is dependent on many different factors. Just a few of these include whether the company can leverage its revolutionary blockchain-based software into wide adoption within the IoT community. This will require a large number of manufacturers to integrate IoT Chain’s software module – or provide compatibility with a hardware version of it. This is truly going to be the sink-or-swim moment for IoT Chain. If the company can get major smart device manufacturers aboard, its software could end up in millions upon millions of products. This would inevitably lead to the company’s growth and the value of its ITC token increasing. Conversely, without this all-important event occurring, IoT Chain may end up foundering on the reef of failed startups. This, inevitably, will be reflected in the valuation of its ITC token, and investors may not see much in the way of growth. So what do we recommend when it comes to IoT Chain? In short, we’re going to say that you should be cautious with this new cryptocurrency. If you want to spend a small portion of your investment budget by diversifying into ITC tokens, keep your investiture modest to protect you from any price crashes. Putting manufacturing processes into a tokenized environment has many advantages for all industry participants. Using blockchain in any supply chain has the potential to dramatically improve transparency and traceability as well as reduce administrative costs. It can also help create an ecosystem of producers and buyers that cuts out the traditional middlemen and drops costs while providing real-time monitoring and tracking of the entire process. Many of the major consultancy agencies, in fact, are now directly referencing blockchained supply chains as one of the best ways to drive value all the way through the process. For example, Deloitte suggests that the primary potential benefits of integrating blockchain into a supply chain are that the technology: The secondary benefits are also major. These include: In sum? It is no longer a matter of why introduce blockchained applications into this environment, but which ones will best serve existing manufacturing needs and future ones. Especially as manufacturing itself begins to change with the impact of IoT and continues to operate with a global footprint. Introducing SyncFab The global manufacturing market is growing. According to the U.S. Census Bureau, the vertical represents a USD $500 Billion infrastructure investment between the years 2017 – 2020. This includes the growing demand for aerospace and composite materials, EV autos, medical devices, robotics, drones and IoT. However large procurement firms control the access in many hardware manufacturing companies. Enter SyncFab, a new idea in manufacturing supply chain management. The platform eliminates intermediaries and brokers in the hardware manufacturing process, saving money, time and headaches. The system allows buyers to connect directly to hardware manufacturers, place bids, select vendors and provide effortless production tracking. It also allows manufacturers to eliminate marketing costs by having buyers directly connect to the manufacturing facility. The SyncFab platform also guarantees payments via smart contract and gives producers full control of pricing and capabilities. The SyncFab platform was established in 2013 and to date has established an online, decentralized buyer-to-manufacturer platform which already aggregates orders and sends requests directly to matching manufacturers. It is the first peer-to-peer Industrial IoT (internet of things) manufacturing blockchain for the hardware manufacturing supply chain. The company has also already established impressive partnerships that include the City of San Leandro, the Clean Energy Manufacturing Innovation Institute and Bay Area Advanced Manufacturing. How The SyncFab System Works The SyncFab system is connected via the MFG Utility token. The token plays a vital role in the platform in that it creates a way for online value sharing to occur within the decentralized manufacturing ecosystem already in existence. Here are the details of the upcoming SyncFab token sale: The MFG token will, in turn, be used by early adopters of the SyncFab system to pay for order quotes. After the build financed by the crowd sale, users will be able to unlock and update smart contracts and pay transaction fees. MFG tokens will also incentivize manufacturers for the traditionally uncompensated time in creating quotes and allow manufacturers to be more responsive to time-sensitive deadlines. The tokens are also designed to solve current supply chain trust dilemmas – namely, purchasers do not know enough about their suppliers to place an order confidently. The operational capabilities of Ambosus are far reaching, with the possibility for custom DApps and other architecture to be built on their system. Builds a robust detection system based on sensor networks to generate data and compliance certificates and store them on the blockchain. Permits automatization of transactions between different stakeholders in the supply chain through smart contracts, allowing automatic management of quality control and supply chain processes. To validate these concepts, the Ambrosus platform will preform the following tasks: To record sensor data from foodstuffs throughout the entire supply chain. To ensure compliance of the food’s state to regulations and client requirements. To create of a Peer-2-Peer marketplace for quality-assured food. To enable aggregation of purchases and delivery. To integrate within existing payment and inventory systems. One of Ambrosus’ primary goals will be to incorporate new hardware technology into food quality assessment and then digitizing the information gathered and recording it on the blockchain. New Internet of Things’ (IoT) hardware, such as packaging embedded biosensors, can provide a wealth of data. This, paired with the blockchain, creates innovative, dirusative monitoring systems to further streamline our existing food chain supply. Below is an example they give: As an example, let’s say we want to authenticate the origin of a fish from the North Atlantic. Today, tissue of the fish would be sent to the lab for analysis, using laboratory methods such as Raman spectroscopy. The first step to implement our solution would be to use an on-site Raman system, derived from the laboratory system and deployed at the factory entry, for example. The fish would be analysed and the data immediately recorded onto Blockchain to assure system integrity. But we could go further and see the problematic through the lens of digitalization. With the deployment of IoT sensors, we could really change the perspective and consider the fish as a digital asset. In our example, a CCD camera can record the arrival of the fish on the boat. The fish items are then poured into containers that can be sealed, with sensors checking their integrity, and traced through RFID technology. Here, the digital asset is linked to the fish inside the container, consequently assuring the origin of the fish as well. It’s pretty incredible to see their outlook and use cases. Many of the ICO’s and coins I’ve looked have don’t have real world applicability. Ambrosus breaks the mold here by turning real world items into digital assets. Every single piece of food will be capable of being analyzed using their system, not just batches. An issue though for manufactures would be to incorporate this new IoT tech into their packaging, which could be an expensive measure. However, the digital record would hopefully allow companies to optimize their systems and reduce costs enough to pay for the new sensors. So what is the coin for then? It serves three functions. First it is the digital “reflection” of the product it is tracking, carrying all information and sensor data about it. Second, it serves as incentive for early adopters to use the coin and developers to create DApps. Third, it gives access to the platform. The coin can be used by producers, suppliers, retailers, restaurants, logistics companies and an other consumer to interact and use the platform. Developers will also be able to create applications which interface between any of the parties (consumer-retailer, retailer-producer, etc.) The reason that Ambrosus has so much potential is because of its corporate applications. The benefits from this data collection and retention system are boundless. Every detail of production delivery, display and sales will be available to be analyzed in countless ways. Companies are always trying to find ways to shave a few cents off or save time, as when dealing with economies of scale, a small change could save millions.

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Ambrosus’ team is impressive to say the least.

Check out the full list at their website and make sure to subscribe to their project. If they can pull this off I can imagine this company being an essential part of the 21st century. It is a great read. Distributed Credit Chain (DCC) is the world’s first distributed banking public blockchain with a goal to establish a decentralized ecosystem for financial service providers around the world. By empowering credit with blockchain technology and returning ownership of data to individuals, DCC’s missio is to transform different financial scenarios and realize true inclusive finance. As it pertains to business, Digital Banking will completely transform traditional banking’s debt, asset, and intermediary business structure. It will replace liability business with distributed wealth management, and substitute distributed credit and claims registration (for asset business) and distributed asset transaction (for intermediate business). The tree-like management structure of the traditional bank will thus evolve into the flat structure of a decentralized bank, establishing distributed standards for various businesses and improving overall business efficiency. ICO release of  500 million tokens The final allocation: Can’t participate: US and China. Twitter –  24.8k followers, couple of posts a day. Telegram – over 128k members with hi activity, the admins are answering actively to member’s questions. Whitelisting-TBA Crowd sale - TBA Accepts: ETH, BNB. BNB is more preferred. -Immunity to regulation. Stone Shi Vanessa Cao The World Health Organization has estimated that the yearly global market for counterfeit drugs is nearly $200 billion. It is estimated that around 30% of the total drugs sold in developing markets are fake. These fake drugs range from aspirin to cancer-fighting medicines. Asia sees the most counterfeit drugs, where some estimates put counterfeit drugs at over 40%. Counterfeit drugs contain a small amount, or none, of the active ingredients which they claim. They can contain a different medicine, no medicine, or even harmful toxins which make the drugs cheaper to produce. Counterfeit drugs are intentionally produced to deceive doctors and patients into using the medicine. This is different from factory-deficient drugs where abnormalities are accidentally produced. It is estimated that anywhere from 50,000 to over 1,000,000 million people die from fake drugs annually. Most cases are not reported to the authorities and many times, the patients and doctors have no idea that the drugs are fake. This means that potentially this number is much higher. Blockchain provides a solution to this problem by offering an efficient, cheap and immutable supply chain system. This will allow medicines to be easily tracked from production to consumption and could make great strides to combat this global epidemic. FarmaTrust believes that they can solve this problem. Their main goal is to provide a global tracking system for the pharmaceutical supply chain industry aimed specifically at blocking counterfeit drugs from entering the market. FarmaTrust seeks to use blockchain and AI to not only eliminate counterfeit medicine and also to automate regulatory compliance, automatic payments and create automatic audits. They want to provide “just in time” delivery of drugs, thereby preventing price spikes in medicines. In addition, their system can prevent returns fraud and waste through expired drugs becoming unusable. FarmaTrust integrates all lines of the supply chain: the manufacturer, warehouses, distributors, and logistical companies, all the way down to the doctors and patients who prescribe and consume the drugs. This streamlines the whole process, making things efficient and, more importantly, allowing the drugs to be cheaply and easily verified as legitimate. With FarmaTrust, all of the steps in the creation and distribution of medicines will be tracked on the blockchain. Blockchain is a perfect use case for pharmaceutical supply chain management because it is transparent, autonomous and impossible to alter. FarmaTrust is developing a web-based, peer-to-peer platform designed to keep an immutable record of every legitimate drug whose information is stored on the blockchain. The platform is designed to eliminate the influx in global counterfeit drugs through their unique labeling and supply chain management system. Once launched, the FarmaTrust platform will allow users worldwide to leverage the power of blockchain and other technologies such as artificial intelligence to combat counterfeit medicine. The key to removing counterfeit drugs from the market is by tracking the pharmaceuticals through the entire supply chain from manufacturer to consumption. It can be done with technologies which link physical products to the digital world, and this ensures that what reaches the patients are all authentic. When you add a unique digital reference to a drug linked to a physical copy of the drug, it is very hard to erase or duplicate one without the other. This, therefore, makes precise and accurate tracking through the entire supply chain possible. This process will be enabled through FarmaTrust’s “Zoi” platform. Zoi is an distributed and interoperable supply chain exchange, designed to achieve just that. FarmaTrust already has a working version of Zoi and a raw prototype of the mobile app which goes with it. Zoi will be able to create a network of pharmaceuticals, manufacturers, suppliers, shipping, logistics companies, wholesalers, distributors, pharmacies and hospitals. The network will become a credible source of ensuring that all products on the supply chain are authentic. The platform will provide pharmaceutical companies, their various distributors and the appropriate regulators with the visibility and information necessary to greatly reduce supply chain costs. FarmaTrust has a packed but attainable 2018 roadmap. By the end of Q2, they will have the Zoi platform in Alpha testing and have their wallet and mobile app available for use. By the end of the year, they plan to have the platform fully ready to be scaled and interoperated between various platforms. Most exciting is that by Q2 2019, they plan on having the production version of the Zoi platform available for commercial use. FarmaTrust has put together a strong team from both the world of blockchain and business. CEO Raja Sharif is the driving force behind FarmaTrust’s vision. Raja has successfully managed a number of tech and media projects worldwide such as British Telecom and Al Jazeera and will bring this experience to the FarmaTrust team. Shahnawaz Aziz is FarmaTrust’s CTO and will be leading the technology development. He has over 21 years of IT experience, and has been involved with blockchain projects for a number of years. FarmaTrust has recruited David Allen Cohen to the position of Chief Technology Advisor. He is a co-founder of IOTA an  the founder and chairman of dcntral, a blockchain-based cybersecurity company. He is also an advisor for the data structure and consensus algorithm Hashgraph. With this combination of experience, advisors and resources, FarmaTrust has set the groundwork to accomplish what they aim to do. View the rest of the FarmaTrust team on their website. FarmaTrust will be issuing two types of tokens: holder tokens and utility tokens. The holder tokens (FTT) will be based on the Ethereum ERC-20 standard. 600,000,000 of the total 1,000,000,000 fixed supply will be available for sale. After the tokens have been distributed, holders of the FTT tokens will begin to generate utility tokens at a rate of 500 tokens per week. This generation rate will increase by 10% from the initial quarter, and will continue to do so for the next 6 and a half years. A utility token is required each time you wish to track something through the life cycle of the blockchain. Each time a utility token is used, it will be “burned”, meaning that it cannot be used a second time. This may be a great opportunity to get in on a similar token model while the project is in its infancy. The FTT presale started on February 15, 2018 and is currently ongoing. During the presale, tokens will be sold at a 20% discount which will come to $0.08087 USD per FTT token. The presale will continue for a duration of 4 weeks or until 200,000,000 tokens are sold, whichever comes first. The FTT main sale is set to launch on March 15, 2018. In the main sale, the tokens will be available at their full price of $0.101092 USD per token. The sale will last a total of 4 weeks, or until the remaining 333,333,333 tokens are sold. Anyone wishing to participate in the ICO can do so by joining the FarmaTrust whitelist at Prior to contribution, you will be asked to fill in the whitelist form, which includes your email, address, contribution address, and desired contribution amount. The revenue generated from the token distribution event will be used as described in the project’s whitepaper. Note: Residents of the USA and Singapore are not able to participate in this ICO. David Cohen (co-founder of IOTA) stated in an interview that FarmaTrust is a perfect application for blockchain technology. Many blockchain startups today are attempting to fit blockchain into a business model which could do without it, which is not the case for FarmaTrust. This could be a huge advantage for them moving forward. FarmaTrust has a lot to be excited about. They have a working prototype, which has been tested and proven to work. In fact, FarmaTrust recently officially signed a partnership with the Mongolian government to prevent the creation and distribution of counterfeit drugs. This one-year pilot project will have FarmaTrust collaborating with Mongolian governmental and non-governmental parties, the Specialized Inspection Agency of Tuv Province of Mongolia & the Mongolian e-Government Center NGO. This partnership is a good sign of the viability of the project and shows the progress of the team in reaching their stated goals. Find out more about FarmaTrust by visiting their website. There, you can participate in their FTT token sale and download the whitepaper. If you wish to interact with the community, join their Telegram channel. You knew which silly question I was referring to. Don’t play dumb it clearly doesn’t suit you. I simply said IOTA will scale better. This doesn’t mean WTC cannot scale. Promise I won’t mention scaling again.

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1.6% and 5.7% massive increases in productivity??

For sure the mainnet launch will be in April? Not October, January or February like previously promised?? It’s going to have a flawless inception though yeah? WTC has now 15 Confirmed partners (previously 16 the amazing ICO365 was removed): Kaltendin and Fuguiniao are far from the biggest producers in China. Recent talk of a partnership with China Mobile was squashed when the team took photo’s Outside the security gate. This one is strange because up until now the WTC have been honest about partnerships. This one is going 1 of 2 ways. They’ve prematurely released information due to excitement regarding their biggest potential partner yet or it was a photo op to stir up some FOMO. Working product that is still in testnet? By April WTC will be looking at a completely different beast in IOTA. I still believe WTC would benefit from being on the Tangle as they’re struggling to get this Mainnet ready and have made great steps in the RFID sector. January 8, 2018 Supply chain is often described as one of the best use-cases for blockchain as a trusted ledger, but no large use-case has been implemented yet. The main reason is that blockchain was not developed for operations with larger amounts of data. Storing just 1 kB of data on Ethereum blockchain can cost thousands of dollars, and data queries are slow. OriginTrail is now solving this with a decentralized, off-blockchain network, purpose-built for the needs of supply chains. It makes blockchain-supported data operations fast and cost-efficient, and addresses the $525 billion world supply chain market. This makes for a low adoption barrier, and stores only fingerprints of data on a blockchain. Original data is kept encrypted on a decentralized network, which enables development of decentralized apps on top of it. The protocol supports GS1 global standards for data exchange and can include Internet-of-Things data. “Our vision is to bring data integrity and transparency to supply chains worldwide. The team, which has prior experience in implementing supply chain traceability and data interoperability projects for leading European food producers, will hold a token crowdsale starting in January. Blockchain technology has huge potential to decentralize trust in supply chains and bring enormous benefits. The pilot project with the Chinese online food store Yimishiji was awarded by the Walmart Food Safety Collaboration Center in November and admitted into its Innovation Pipeline. The project is being implemented to enhance transparency, safety, fairness and trustworthiness in food supply chains by empowering customers to verify the traceability of every item sold online. Token presale will start on Jan. 15, 2018. It will be immediately followed by a crowdsale taking place from Jan. 29 – Feb. 12, 2018. Token sale will be implemented through a smart contract on the Ethereum blockchain. Token sale will be successful if OriginTrail raises at least USD 5 million, and the hard cap is set at USD 22.5 million. For more information about OriginTrail or to download the whitepaper, visit About OriginTrail OriginTrail is the first purpose-built protocol for supply chains based on blockchain technology. To unlock this potential, OriginTrail protocol was designed to tackle the prime challenges limiting the exchange and integrity of data in product supply chains. OriginTrail delivers IT providers in the supply chain industry quick implementation of blockchain-supported data sharing in multi-organizational environments. The first version of OriginTrail is currently in use in the food industry with the upcoming open source version applicable to any product supply chain. For more information about OriginTrail or to download the white paper, visit There is no doubt that the Logistics and Transport industry needs a “technological” infusion when it comes to the tracking and payment software that are being used today. Cargo Chain Solutions aims to make the current antiquated software a thing of the past. Cargo Chain One is an all-encompassing logistics platform that will address real-world issues facing the transport and logistics sector today. The Cargo Chain One eco-system will be comprised of six integrated modules built around a central API that interconnects the applications to each other and the Stellar Network. The Cargo Chain One solution will drive efficiencies in resource planning, interactions between partners as well as billing and accountability within the supply chain. At the heart of this is CCS CONNECT, their API. CCS TMS is a turnkey transport management system. CCS MARKETPLACE matches the partner’s resources with available consignments. CCS GO, their mobile app connects the workforces into the logistics chain. CCS HUB is their Web-based data entry & reporting front end, and CCS PAY is an escrow management for payments built on the Stellar Distribution Exchange. The modular construction of the Cargo Chain One platform provides a ‘pick-and-mix’ facility that companies irrespective of their size will be able to benefit. The CCS platform will also affect instant payments for all job stakeholders. Finally, and critically, our B2B platform effects instant payments for all job stakeholders from production to delivery. The supply of TICS will be a fixed amount, which will ensure that the token value will increase as the platform is adopted by the logistics market. The CCS ICO-Pre-Sale is set to open on April 23rd 2018. During the Pre-Sale phase, TICS tokens will be available at a cost of $0.06 per token with discounts available depending on the number of tokens purchased. To learn more about the Cargo Chain Solutions ICO and platform, visit their official website at Media Contact: Cargo Chain Solutions Attn: Media Relations Edinburgh, UK [email protected] Images courtesy of Shutterstock The content of this article was provided by the company referenced. Bitcoinist does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company. Cryptocurrency enthusiasts have found a way to raise hundreds of millions of dollars without the hassle of registering with the Securities and Exchange Commission: selling digital tokens on a blockchain. Bubbly as this new market looks, it might actually serve a useful purpose. The token sales are known as ICOs, or Initial Coin Offerings. Digital tokens are transferable assets that can be redeemed for future goods and services, just like Amazon gift cards or Chuck E. Cheese tokens. But in this case, the token peddler hasn’t built anything yet, and plans to use the acquired funds to create the proposed service. This crowdfunding model is similar to Kickstarter, with the added benefit of immediate liquidity and global access. Andreessen-Horowitz partner Balaji Srinivasan calls token sales “Kickstarter on Steroids.” Given all the recent hype, they look more like Kickstarter on crack. Last month, a prediction market called Gnosis raised $12.5 million worth of ether – a sort of analog to bitcoin – in an ICO that floated 5 percent of its total tokens. The market price of ether has since grown eightfold, which in a way gives Gnosis an implied valuation of about $2 billion. On Wednesday, a blockchain-based advertising company called Brave raised $35 million worth of ether in just 30 seconds. Thousands of attempted purchasers were rejected for being just a bit too slow. The token financing boom has two main drivers: Sky-high cryptocurrency valuations and the lack of an economic ecosystem to absorb such gains. Most of the token sales are conducted on the Ethereum blockchain, which itself was funded by a 2014 token sale using Bitcoin. The initial ether tokens were acquired for an average price of less than 25 cents, but today they trade at more than $230. 2 Source: Coindesk Beyond gambling and speculation, there aren’t many popular uses for digital currency right now. A recent token offering called PonzICO promises to apply the proceeds towards buying the founder a Tesla. Token holders get nothing more than the right to vote on the color of the car, and somehow even that project collected nearly $3,000. In a more humble proposal, Albert Wenger of Union Square Ventures suggests that token funding could be used to finance digital infrastructure. The software protocols that power the internet were created decades ago, largely with the help of government funding. Today, that software is in critical need of maintenance, but no one wants to pay for a public good. Internet pioneers recognized that widespread adoption could take place only if software was free, in the sense of both free beer and free speech. This open-source movement created software libraries where developers have the freedom to view, modify and distribute source code without cost. It seems that there ought to be a way to extract a profit from contributions used by so many, but giving away free software is rarely a good business model. Decentralized projects are necessarily free and open if they are to have any hope of adoption, so digital tokens may turn out to be a similarly poor investment. Nevertheless, even financial sinkholes can benefit the ecosystem: Just look at all the bandwidth that the late-1990s tech boom built. All the buyers of tokens probably aren’t doing it for charity. Some see it as a way to get in on the next Uber. The token’s most attractive feature is its distinctness from the underlying transaction. Colorful casino chips make gambling feel like a game. A child dropping Chuck E. Cheese tokens into a skee-ball arcade doesn’t elicit the same concern as a kid feeding buckets of quarters into a slot machine. It could be that the real value of a blockchain token is to preserve the illusion of gambling while actually financing a public good. This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. In 2014, Ethereum’s founders issued 72 million ether in a crowdsale that raised 31,529 bitcoins, or about $15 million at the time. By the following year, the price of bitcoin had fallen by half, significantly reducing their budget. Disclosure: I contribute software to the Ethereum Classic Project, which is a different blockchain from Ethereum even though the technology is nearly identical. I have some ether and classic ether that I got for free. I don’t have any tokens. To contact the editor responsible for this story: Mark Whitehouse at [email protected] To continue reading this article you must be a Bloomberg Professional Service Subscriber. If you believe that you may have received this message in error please let us know. The company has since confirmed the issue on its official Medium page, where it also detailed the total impact of the vulnerability. “At around 00:15 GMT, one of our registered Sentinel participants notified us of the vulnerability on our website,” CEO Roy Lai wrote. “All personal information submitted such as e-mail addresses, passwords or Ethereum public addresses, were encrypted on our database,” he continued.

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“At the same time, the team identified the 21 registered participants who have been affected by the incident,” Lai further added.

“After our thorough investigations, we can confirm that this incident was an unintentional and accidental discovery,” the blog post explains. “We have gained their compliance and co-operation to destroy the files. “As a thank you for reporting the [vulnerability] I got a police investigation,” the message further reads. Sentinel Chain has already revealed its intentions to resume the ICO on February 10, but this blunder reflects especially poorly on its reputation. Meanwhile, Sentinel is hardly the only startup to mess up properly protecting its users data. Indeed, last week an upcoming Airbnb competitor known as BeeToken got its email list hacked, enabling the attackers to phish more than a million worth of Ether from investors. If anything, the Sentinel mishap goes on to show that – contrary to popular belief – moving your business on the blockchain still leaves you susceptible to breaches. Published February 7, 2018 — 15:57 UTC February 7, 2018 — 15:57 UTC