Monday, November 19, 2018

Bitex Creates a Crypto-Bank Blockchain-Based as a Cryptocurrency Solution


You have probably heard quite a lot lately about cryptocurrency. If you’re like most people, it’s also not something you’re terribly familiar with. The technologies of cryptocurrency and blockchain are still in their infancies, and just like with any brand-new innovation that has the potential to drastically change how we live our lives.
Over the last couple of years the term cryptocurrency has been rapidly gaining the public eye. While cryptocurrency as an accepted payment method is still in its infancy, businesses around the world are getting on board. Cryptocurrencies or they have become commonly known “digital money” are based on the blockchain technology. This technology in simple terms creates a digital ledger of all assets, whether money, tangible properties, vehicles or stocks. The Bitcoin is the most widely used cryptocurrency but is one of many others currencies and trade is made on various digital platforms.

Why traditional financial systems not attracting the investors?

A large number of intermediaries such as primary banks, brokerage firms and intermediary banks are usually involved in trading and financing activities, which means that high fees are being deducted from investors on multiple stages. Excessive bank and brokerage fees can be unattractive and debilitating for investors looking to access different markets.
Also the time is of extremely high value for people who engage in trading or seek financing. Unfortunately, due to having a highly centralized data processing structure in the financial world, a great deal of time will be lost, leading to loss in lead and edge. Additionally, local compliance standards such as KYC and AML are in some cases irrelevant or outdated when trying to comply with international compliance standards. Thus, causing significant complications for foreign investors who are looking for exposure to the local markets.

What the role that Bitex wants to play?

As the cryptocurrency market is still in its early stages, the financial systems will be the main stone for building the market. The market will be very thirsty for the financial systems projects, Bitex wants to be ready when the cryptocurrencies become first-class citizens of the digital economy so it’ll be able to provide them with the financial services that are based on the digital system.

Bitex creates a crypto-bank blockchain-based

As we know the blockchain has a unique features like decentralization, immutability, transparency, data integrity, efficiency and cost reduction and cryptographically. Bitex is using these features of the blockchain to build its crypto-bank, according to that Bitex’ crypto-bank will be secure, transparent, efficience, low fees, immutable, fast and easy to use. the services that will be included in the Bitex’s crypto-bank are:
  • For payments, exchanges and transfers you can use the mobile wallet with the virtual debit card.
  • For storing, on your personal mobile device there will be an ERC-223 compatible wallet to secure your tokens.
  • For merchants, they’ll got various point of sale solutions to accept payments in their local currency from consumers.
  • For trading, you can exchange between the fiat currencies and others cryptocurrencies.
  • For business-to-business, there are a large scale of payments
  • For loans, the ability to get a loan will be much easier than traditional banks and very fast.

What is the definition of the crypto-bank?

We can describe the crypto-bank as a global system built on the blockchain so it’ll be a decentralized, distributed and immutable ledger. It’ll use the cryptography feature to conduct the escrow payments so the transfer will be very fast and secure. with the ability to carring out pseudonymous transactions between parties. the ability to make transactions between cryptocurrencies and fiat.
so finally, the key point here that people no longer have to go, cap in hand, to a traditional bank if they need financing. Peer-to-peer networks, including those based in cryptocurrencies like Bitex, are becoming more common and those who might be turned away by traditional banks now have another way around financing.

ICO Details

Bitex is preparing to run the final round (last stage) of their ICO, the final round will start on 17th November and it’ll end on 30th November. in the last round the 1ETH will bring 206XBX where the 1XBX will equal $1.00. the minimum amount of purchasing will be 0.1ETH and the participants needs to pass the KYC.


Author of the article:

✅Bitcointalk username: Erik_Smuel
✅My Ethereum Address: 0xA009D96EFB69bC8e328d43c4d18dd9B6d7422BC8

Xnews provides practical insights to help the investors navigate the rapidly growing market

It's probably that you heard before that Data is the new oil or that the personal data is the new oil of the internet and the new currency of the digital world. yes it's true, Data is valuable, but if unrefined it cannot really be used. It has to be changed into gas, chemicals, plastic, etc to create a valuable entity that drives profitable activity; so must data be broken down, analyzed for it to have value.
And however the fact that although inherently valuable, data needs processing just as oil needs refining before its true value can be unlocked. without a tool that helping you read, filter and analysis the new world of the cryptocurrency you can be lost.
Xnews provides practical insights to help the investors navigate the rapidly growing cryptocurrency and ICO market, and support sustainable innovation in the space. ICOs promise a new source of broad-based funding that could help the burgeoning innovation economy in Ontario to thrive. Xnews can play a role in making that happen.
Through the Xnews website you can see the simplicity of the site and ease of dealing with it in addition to the presentation of information makes it easy to navigate the world of the cryptocurrency and access to information required easily where the site is organized and arranged and the simplicity of the presentation of information. Not only that, the Xnews offers a lot of services which we will review in the next paragraph.

Xnews Services

- Articles
Xnews presents daily articles related to digital currency and blockachin technology
- News
Xnews covers all the news on the cryptocurrency market and the technology on daily basis, making the members familiar with the latest news. Not only does the news stop at this point, but Xnews also covers current project news as well as ICO projects. Xnews also reviews fake ICO projects to save the investors
- Cryptocurrency
Xnews displays daily cryptocurrency developments as well as cryptocurrency charts
- ICOs
Xnews classifies the ICOs in a very structured and clear manner that makes it easy to see the current position of each ICO in terms of completion ratio, degree of risk and current funding ratio. Also you can browse the running airdrops & bounty and any ICO can request a submission to add its bounty or airdrop on the Xnews.
- Advertising
A complete section of advertising can be used for business owners to advertise their business.

The Advantages of Browsing the Xnews daily

  • Get news and new events daily
  • Avoiding the fake/scam ICOs
  • Increase awareness, vision and experience
  • Help for the selection of projects for investment
  • Updating, arranging and regularly correcting your information
  • Follow-up development and analysis of digital currencies
  • Follow-up of the development of the technology and the latest developments
Xnews can be browsed in more than 12 languages where Xnews is trying to cover as many languages as possible to ensure the spreading and covering of the whole world.

Finally

It is worth mentioning that Xnews is a sister company of Bitex and as we know that Bitex is considered to be the first locally-embedded, yet global, crypto-bank that targeting the financial services. Bitex is planning to cover the world by licensing their EZBitex platform, they already licensed it to 8 countries and more is comming.
Their platform which called EZBitex is consider as a currency exchange and banking infrastructure with a decentralized, distributed and immutable ledger.


Author of the article:
✅Bitcointalk username: Erik_Smuel
✅Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2020517
✅My Ethereum Address: 0xA009D96EFB69bC8e328d43c4d18dd9B6d7422BC8

Friday, November 9, 2018

Orgaicco Introduces its EasiPayer Token that Valued with Real Assets

Organic waste should not be seen as a source of environmental pollution that has to be gotten rid of by putting it in landfills or burned in incinerators, as this could cause other pollution problems. It should be seen as a valuable resource that can be transformed into marketable products providing employment and profits.

The Market Size

The global industrial waste management market is worth around $1,442 Billion. The UK Organic/ Food Waste industry is valued at approximately £500 million of which only 18% is realised by the few waste management operators existing in the UK.
The primary factors that drive the food waste management market are increase in the usage of organic waste for the production of animal feed and fertilizers, need for reducing greenhouse gas emission, and rise in global food waste.

Overview on Organicco

It is a leading pioneer in converting unwanted organics into useful products. They intend to develop cost effective solutions to reduce costs to their clients, but more importantly, to create a sustainable supply of fertiliser to prevent soil erosion and to contribute to a continual production of natural food products and natural capitals.

The Target & The Plan of Organicco

  • Organicco target is to produce these natural capitals using their patented technologies to generate a continuous cashflow which in turn will be used to repay the capital investment with interest.
  • Organicco ultimate goal is to play a major role in the worldwide production of food using sustainable and environmentally friendly methods and in the production of renewable energy and renewable fuel.
  • Their plan is to use Organicco to generate profit and evolve the easiPayer system into a viable and leading alternative to conventional modes of financial transactions establishing Organicco as a forerunner in the world of electronic currencies.

Why Organicco Needs Funding

Organicco aims to raise funds through an initial coin offering of Organicco tokens which will be used in the development of several projects in the green and agri-tech industries in the UK, Canada and South East Asia.
  • Focused primarily on green technology related products, the funds raised will be used to develop projects via Organicco's subsidiary companies to create naturalcapitals such as organic fertilisersfor food production, animal feed, biomass fuel, renewable energy and renewable fuels.
  • The funds will be lent to their associated companies to develop these projects using green technology solutions called ecoHERO and ecoDRYER, which produce organic fertiliser and animal feed from unwanted commercial organic materials.
  • Organicco will also produce small quantity biomass fuels from mixed waste materials using yet another of Organicco's technology solutions, ecoREDUCER.
  • Organicco will be producing renewable energy and renewable fuels, from unwanted organic materials.

What Problems Organicco Targeting to Solve?

  • If current rates of soil degradation continues all of the world’s top soil could be gone within 60 years. This is caused by extensive farming methods including the use of chemicals and pesticides. This is a problem that urgently needs addressing and converting unwanted organic materials into organic fertiliser helps prevent this effect and create a naturally closed loop cycle.
  • Organicco is attempting to solve concerns payment in the export market. Letter of credit and insurance costs are very high and takes time to setup. Additionally, payment is made when goods are delivered, which can be a problem if there is no Letter of Credit. This creates a high risk of none payment. Moreover, conventional banking and even FX trading takes time, and comes with a cost and additional risks. We aim to eradicate such problems through our easiPayer Technology.

Organicco Introduces its EasiPayer Platform

  • The funds will be used to create a low cost and fast international payment platform based on blockchain technology, called easiPayer. Organicco posit themselves as unique because they will not be listing easiPayer tokens on crypto exchanges. Rather, easiPayer tokens will be backed up by liquid assets, and its currency value will be determined by independent, reputable auditors.
  • The price of the easiPayer token will not suffer the major instabilities like other cryptocurrencies. This will enable us to accept all major fiat currencies through this platform in exchange for the easiPayer token.
  • The easiPayer token is valued with real assets by independent auditors, which fixes the value at the time of purchase. The client allocates these tokens towards the purchase of the fertiliser and this authorisation cannot be withdrawn. This provides them with the comfort that the client has sufficient funds to trade and he can only refuse the product based on poor quality or insufficient volume.
  • £10 million transaction daily limit Initially, Organicco will have £10 million tokens that are asset backed. Therefore, they will be limiting the daily volume of transactions to be within this limit. Thus, no new easiPayer tokens can be created until they are backed with real assets and can be independently verified using a completely transparent system.

Finally

By developing green tech projects, Organicco will be creating a closed loop economy from natural capitals. These natural capitals will return the investment typically in less than four years, whilst each project will continue to produce revenue for more than 20 years.
Organicco comprehensive analysis of the technologies will ensure that easiPayer uses distributed network servers for a faster response, and to avoid single point failure. Security will always be a major concern and they intend to invest heavily in the continuous development of the platform to address this issue.


Author of the article:
✅Bitcointalk username: Erik_Smuel
✅Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2020517
✅My Ethereum Address: 0xA009D96EFB69bC8e328d43c4d18dd9B6d7422BC8

Monday, November 5, 2018

ICOVO, The very core of the ecosystem necessary for hatching innovative blockchain-related startups

Cryptocurrency allows for impossibly vast amount of wealth to be moved, giving these investors the power to change society. As a result, the next generation of young investors with flexible thinking and deep understanding of technology have emerged. Their funds are invested in “innovative blockchain-related start-ups”. As such, ICO is not a run-of-the mill fundraising tool, but an essential piece in creating an ecosystem incubating innovative blockchain-related start-ups that will create the future. We must not prematurely crush this future-creating instrument on grounds of lack of investor protections, or need to perpetuate governments’ central authority.
The very core of the ecosystem necessary for hatching innovative blockchain-related startups" that will create the future, ICOVO must become a next-generation global standard for ICO platforms that is truly valuable to both innovative blockchain-related startups and ICO investors.

ICOVO Vision

ICOVO will use an autonomously operating system that does not depend on individual expertise. The system is a hybrid of the centralized client-server model and a decentralized P2P model featuring majority consensus. The centralized system is used to increase the transparency of ICO planners and projects. Specifically, this is achieved as planners’ identities are confirmed through ID verification and GitHub updates are quantified and displayed on ICOVO Web to make the actual status of the project more transparent. The decentralized system is used to prevent scams where ICO planners immediately withdraw funds and disappear after token sales. Fraud is prevented through DAICOVO, an implementation of DAICO.

What is DAICO?

Proposed by Ethereum co-founder Vitalik Buterin on 6 January, 2018, a DAICO is a model that uses decentralized methods to prevent planners from dishonestly using funds raised through an ICO. In ICOs using tokens that conform to the ERC20 standard, smart contracts are used to limit the amount of funds raised that project founders can withdraw per unit of time, and if the project is canceled for whatever reason, the remaining funds can be returned to the ICO investors if a consensus is reached.
In addition to the functions required by ICO project founders such as issuing, selling, and managing unique tokens, DAICOVO offers smart contracts optimized for ICOs adopting the DAICO model. For ICO project founders who use DAICOVO to do their ICO on ICOVO Web, all of the required work, including token design, DAICOVO parameter setting, compilation, and deployment, is free.*1 DAICOVO is already available as a open-source software. (https://github.com/icovo/DAICOVO)

ICOVO Introduces Its Smartphone App

ICOVO's iOS/Android-compatible smartphone app(ICOVO Wallet in iOS and ICOVO Wallet PLUS in Android) is a native and web hybrid. It includes the world's first (as of January 2018) local wallet that can easily manage ICO list information and all ERC20/ERC223-compliant tokens. It is compatible with DAICOVO and comes with functions that allow project founders to easily draft and conduct voting on fund management.

The Investor Protections Web

ICOVO Web is a website for ICO project founders to list their ICOs for investors. It thoroughly protects ICO investors and lists only ICO projects that comply with ICOVO requirements. The criteria for listing on ICOVO are the utilization of DAICOVO, planner KYC/AML as required by ICOVO, and disclosure of the progress of the project.

Finally

ICOVO will make the ICOVO framework the global standard by proposing a new, centralized-decentralized hybrid management framework to central governments around the world currently seeking to develop healthy ICO environments through centralized methods.


Author of the article:
✅Bitcointalk username: Erik_Smuel
✅Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2020517
✅My Ethereum Address: 0xA009D96EFB69bC8e328d43c4d18dd9B6d7422BC8

Thursday, November 1, 2018

Robolab Provides Its Robotic Bartender Unit "Yanu"

In an un-automated world, the first response to ensuring compliance throughout the client lifecycle very often involves applying brute force to the problem. With the rapid change in the technology landscape, it makes one wonder that which technology will take the lead. Though it is challenging to predict, experts feel that technologies such as robotics, artificial intelligence, and blockchain would be the leaders and influence the ecosystem. It is also anticipated that the robots will play an essential role in changing many industrial applications and with their heterogeneous characteristics, it seems that they will be ideal for many future applications. And when a ground-breaking technology like blockchain gets combined with robotics, it will make the robotic operations more secure, flexible, autonomous, and even profitable.

The Automation Industry

The automation industry, which for decades focused on heavy industry, is now expanding to the service sector with exponential growth in volume. This major change is fuelled by several enabling technologies and sensor advancements, which have given birth to collaborative robots that can safely operate side by side with humans. Robots are not stealing their jobs, as the media scare tactics like to suggest, but rather fuelling productivity, making life easier and providing more opportunities and time to focus on the creative aspects of every role. Medicine, healthcare, transportation and other everyday services are the latest trending areas where collaborative robotics and AI are booming today.

What is Robolab?

Robolab is a service robotics company delivering major change in the food and beverages industry. They are selling cost-effective service robots for the hospitality and entertainment industry.
  • They have designed an autonomous bartending unit that is considerably faster and more capable than the regular human workforce in that position. With several advantages, it breaks through the usual bartending bottlenecks and turns losses into profits with ease.
  • The bartender of the future is called “Yanu” and has its own AI-powered soul that already knows a wide range of beverage recipes, communicates with customers, and once stocked, can perform its duties without human input.

The Vision

  • Robolab vision is to create a service robotics company that takes care of a number of problems in the service industry by pursuing robotics and AI development.
  • Robolab will offer B2B services including mplementation, installation, education, warranty and maintenance for companies operating in the service, hospitality and entertainment sectors willing to participate in the shift to automation for the benefit of everyone. Like any major technological revolution in history, this will also change the structure of society.
  • The first step along that highway is to set up a network of fully autonomous, AI-controlled units that are smaller, faster and cheaper while also offering intelligent companionship for customers.
    Robolab is aiming high but starting out with reasonable and achievable targets.

Robolab Target

Robolab aims to offer a cost-effective professional service robot designed for accommodation and food service activities in the hospitality sector. The proposed solution can automate everyday beverage mixing and serving activities while functioning autonomously as a stand-alone business unit. It overcomes labour-related bottlenecks in high-income economies, as it can replace human workers.

Market Issue

Many labour markets in high-income economies are currently facing structural changes (rising labour costs, shortages of suitable workers, etc.) caused by demographic and educational changes. Therefore, business owners often seek ways to automate repetitive and redundant tasks. These problems are especially acute in the service sector, where staff turnover and a lack of trained employees is almost overwhelming.

The Solution

  • The solution can automate beverage-mixing and serving activities while functioning as a stand-alone business unit. The unit replaces in a very effective way the classic, human-operated bar setup and helps businesses to overcome labour-related bottlenecks.
  • It decreases labour costs as it only needs some routine maintenance, no full-time workers, generates 10-15% less material loss as it features a more controlled serving process and eliminates the risk of error or theft, and increases productivity as one unit can replace up to four full-time workers.

Advantages of Robotics

The most remarkable benefits of robotic service units (RSUs) include:
  • A leaner serving process. Robotic precision ensures no accidental errors like false measuring.
  • The reduction of manual work. As robots only need regular maintenance, in most cases no full-time.
  • Increased security. Complete automation rules out errors or intentional theft. Customer identification algorithms can perform quick and accurate age verification.
  • Decreased labour costs. In some cases near zero labour costs.
  • Increased productivity. On an annual basis, the average output of one RSU equals to the manual work of four full-time workers.
  • 25% increase in weekly operating hours due to more flexible operating/run-time.
  • Increased quality. Machines offer consistent quality.
  • 10-15% less material loss on an annual basis due to improved (robotic) precision.
  • Lower rent fees because of more compact operating capabilities.
    The robotic solution that Robotics offer needs much less space to provide a comparable output and requires no additional space for labour.

Finally

Robolab is true believers in the many benefits of blockchain and crypto-currencies, and foresee that this change will provide several new ways to deliver huge increases in productivity to benefit everyone. The latest blockchain solutions help them to safely hold customer data, handle personal verification services and offer greater cooperation between players in a range of fields.
Robolab future network and token solution will facilitate such a communication and transaction revolution. All this in addition to the regular use of their tokens for discounted purchases of service robots, payments for services at hospitality enterprises or transportation hubs, and priority services at entertainment venues.


Author of the article:
✅Bitcointalk username: Erik_Smuel
✅Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2020517
✅My Ethereum Address: 0xA009D96EFB69bC8e328d43c4d18dd9B6d7422BC8