The Trustworthy Best Bitcoin Brokers - MyfxPair

Looking for trustworthy BTC brokers with low fees /r/Bitcoin

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Bitcoin Revolution App South Africa Patrice Motsepe Reviews – Scam Or Legit?Bitcoin Revolution App South Africa Patrice Motsepe Reviews – Scam Or Legit?

Bitcoin Revolution South Africa Patrice Motsepe” Are Patrice Motsepe Bitcoin rumors true? Did he invest in Bitcoin Revolution?
With the advent of Bitcoin, several Bitcoin mining and trading companies got established. Each company had one goal, and that was to mine Bitcoins and use them for trading. If done right, it could result in huge profits. The Bitcoin Revolution South Africa is one of the most prominent examples in this matter.

What is Bitcoin Revolution South Africa?

Known as the Bitcoin Revolution App, it was created in 2018 that emerged as the leading automatic trading system for bitcoins. The intriguing element about it is that if offers 0.01 faster trading and feedback signaling than the rest of the competitors in the market.
The system has been designed by a group of brokers. These brokers have been working in the Bitcoin industry for years and were familiar with the way things worked. Since they all knew how things were working with other Bitcoin software, the brokers joined together to create the ultimate software solution for Bitcoin mining, known as the Bitcoin Revolution.
One of the interesting elements that led to the creation of the Bitcoin revolution App is that the brokers were entirely sure about their algorithm's workability. According to them, it was a simple yet effective way to enhance investments via Bitcoin trading.

How Does it Work?

The Bitcoin Revolution App South Africa is available for all users for free. The reason? The greater the volume of the users using the software, the better the margins. In addition, the users only need to deposit an initial investment with the broker, and they will be directed to the settings for account set up and can begin instantly. The process is simple and the brokers handling the software assist in setting the account too. Here's how it's done stepwise
  1. Account opening
  2. Initial deposit needed for starting trading
  3. Selecting the broker to trade with
  4. Choosing trade settings. If you’re aware of how the trading works, you can choose custom settings. If not, then choose auto trades settings
  5. Keeping track of the performance on the trading software. Since the entire trading system of cryptocurrency is subjected to volatility, it’s better to start with low investment to bear the expense in any adverse circumstance.

Bitcoin Revolution South Africa Reviews

Not all Bitcoin trading software or companies offer competitive services. However, the Bitcoin Revolution has positive reviews in this matter. In fact, the Bitcoin Revolution South Africa Patrice Motsepe is the primary example that the software is trustworthy. Patrice Motsepe is the first black millionaire that has made his fortune through this software. Here’s how the software is beneficial:

User Friendly

One of the most important things for any software is to be user friendly. From navigation to elements, the components of the software should be easy to understand and use. Although the algorithm may be difficult to understand; since it’s the key to the success of the software. However, the trading interface that has been designed is user friendly. One can easily understand how to use the software by beginner’s trading.

Better Conversion Rate

What's more appealing for a trading system than high conversion rates? The reason behind the popularity of the Bitcoin Revolution is the high conversion rate that offers numerous perks. Users, once they understand how to trade, can easily manage trading success rate between 80%-90%. One can place investments from low to high amounts. However, it's recommended to go for the lowest so that hands-on experience can be gained without being subjected to loss due to inaccurate trading.

Demo and Tutorials

You don't have to worry about losing your money just because you didn't have enough experience. That is why the Bitcoin Revolution South Africa Patrice Motsepe comes with a demo account that allows you to trade using demo investments so that they can learn how the trading works. Moreover, it also comes with tutorials that help you understand and train with the system. The tutorials are designed by the brokers that can help explore the modules of the software.

Customer Support

There are times when people don't understand the workability of the software and fail to produce effective results. In such a time, they rely on customer support to help them. The Bitcoin Revolution has dedicated customer support that offers assistance to the users in real-time. One can easily connect with them with one message, and their live chat would assist until the issue is solved.

How to Earn Using Bitcoin Revolution?

First of all, it's legit! It has a success rate of more than 80%, which allows users to gain competitive outcomes from their investment. In terms of earning money, one needs to understand how the trading works to get complete control over the system. The geeks that experienced working with the software provided the following insights:

Starting Small

This is important since you'll need to get familiarized with the platform's workability and to know how the trading robot works. Once you get hands-on experience with it, you can easily invest more money and expect higher payouts.

Following Expert’s Advice

Another important element about it is to follow expert advice and tutorials. This way, you'll be able to get better outcomes using the Bitcoin Revolution South Africa. Some tutorials can help you understand and customer support assisting in the matter.

Invest What You Can Afford

One of the many reasons why people fail at trading is because they don't put much effort into understanding how the system works, invest in a lot, and fail. Remember, the Bitcoin market is extremely volatile, and investing a lot of money without understanding creates high risk.

Final Verdict

The Bitcoin Revolution South Africa is legit. It offers an extensive range of perks as well as competitive outcomes. It's a solid tool that has been created to offer users positive outcomes, irrespective of their location. The team of brokers behind the software is continuously monitoring and updating the system to make it more effective and efficient. Overall, the Bitcoin Revolution South Africa is unique and different from other Bitcoin robots such as Bitcoin Profit, Bitcoin Loophole, etc.
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Financial Peak App – Scam Exposed? [Full Review]

Financial Peak App – Scam Exposed? [Full Review]

For instance, it's powered by great artificial intelligence technologies. Moreover, since it is in partnership with several top-level brokers who are both reputable plus well regulated, it ensures users a seamless experience. Financial Peak official website has top-grade encryption to ensure that the user’s knowledge remains safe and hence, it's thought-about to be a secure platform. Based mostly on these factors, it wouldn't be wrong to say that the Financial Peak is utterly legit and not a scam
.
https://preview.redd.it/0in4sv7if1o51.jpg?width=474&format=pjpg&auto=webp&s=f63cd8f63f5b866a562e878c3432a47c3b06c88e
Financial Peakranks among the top robots and is considered to have most of the characteristics of being a trustworthy and highly performing trading robot. Many factors made it potential for Financial Peak legit to receive such high ratings and accuracy. However, when we said that the Financial Peak platform is thought to have high accuracy in this Financial Peak review, it will not mean that it's risk-free.

If explained bluntly, then it suggests that that users can additionally lose their invested capital. Hence, if you're interested to speculate in Financial Peak software, then solely invest that abundant quantity which you can lose, just in case if things go wrong. For instance, 250 USD is a sensible starting amount for complete beginners. Once you get the knack of it, you'll gradually increase the amount. You'll be able to deposit on Financial Peak through debit or mastercard, major e-wallets, wire transfer, or maybe through crypto-wallets.

It is also value noticing that users can also create withdrawals with this robot, once they verify their ID through the underlying broker. Though there are risks involved, as the old saying goes you would like to risk something if you want to win something great. It is an IQ based mostly product and hence will have varying results for various folks. Hence, if you're ready and have made up your mind to start making cash with a money peak, then simply be a very little careful and you are smart to go!
Will one want any previous knowledge before operating with Financial Peak software?
The simplest half of Financial Peak is that for using it, one want not have any expertise too.
How aundant should be the beginning depositing amount?

The minimum deposit quantity that the Financial Peak app allows is 250 USD. Therefore, in case you are a whole beginner, it's best if you deposit the minimum amount only.
How a lot of profit can one earn with Financial Peak trading app?

Your earning potential with Financial Peak depends mainly on the trading conditions that you simply apply and additionally on how abundant amount you invested. So, the profits will be varyi
No, not at all. The Financial Peak app is terribly straightforward to use and is mostly automated. Moreover, there's additionally a trading guide which help you thru your entire trading journey

https://preview.redd.it/1f1yqlsjf1o51.png?width=768&format=png&auto=webp&s=1e3eb0b4edbc6548d9040419c82018ee86a65cc1
Fred Harris may be a author and performer who got involved in cryptocurrencies at the beginning of 2017 when he was hired to work at a Bitcoin-connected company. He's passionate regarding cryptocurrency, digital rights, IT, and tech and has been a zealous writer and follower of the crypto and blockchain space since 2015. He is specialized in machine learning, artificial intelligence, blockchain technology, and huge information.e

https://preview.redd.it/oan00nxkf1o51.jpg?width=744&format=pjpg&auto=webp&s=bddcde3218f3e892a345dacb6f86e9045ea2a9a5
Recently, a replacement trading software was added to the bitcoin investment trade. This software is called a Financial Peakand it is allegedly created by a company or organization called the International Council for Bitcoin.
There is also a letter offered on their web site which has been signed by somebody named David. This person claims to own earned over 1,000,000 as a result of investing in bitcoins. What’s very surprising regarding this letter is that David claims to own earned that big amount in simply one trade. If we put it in straightforward words, David became a millionaire overnight.

We tend to highly doubt that a trading system that has been launched recently can have such potential. To verify the details of this software and to determine its legitimacy, we have a tendency to conducted our own analysis and investigation.

https://www.financialpeak.net/
https://www.facebook.com/financialpeakapp/
https://www.facebook.com/events/256757605492718/
https://twitter.com/financialpeaks
https://www.instagram.com/financialpeak/
https://www.pinterest.co.uk/financialpeak/
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Benefits of ThisOption

The globe's leading trade system is accredited to run according to European criteria, dedicated the safety and additionally visibility for investors. Having a large improvement network worldwide. Variety trading residential or commercial properties team containing money collections, products, index in addition to assets. The most ideal trading problem among binary alternatives brokers on the today market. Fundamental as well as easy trading with binary options with simply 2 choices Phone conversation/ Put (High/ Lowered).
Trading markets on ThisOption
ThisOption constantly consist of and likewise update the portfolio of basic assets on their system. Capitalists can sell 4 main building teams:
Foreign exchange, commodities, supplies, index, cryptocurrencies. Money pairs: Currency sets are a special endurance of ThisOption, as well as they also allow trading of some new currencies such as NOK, SEK as well as SHOT. No alt text provided for this image
Index: Index like FTSE100 or Dax can be traded at ThisOption.
Resources: Possession trading is in addition popular on ThisOption.
Supply: You can select from 7,500 stock types on ThisOption. Cryptocurrencies: Bitcoin, Dash, Ethereum, Litecoin, Ripple, Zcash, Monero.
Testimonial ThisOption flooring, should we purchase ThisOption?
ThisOption is a very ranked binary alternatives trading system. Among a number of binary options trading web sites, you will certainly find that ThisOption is the leading alternative amongst them. They supply a safe in addition to reliable service with economic investments and also minimum deposits. ThisOption has actually similarly gotten great deals of favorable testimonies from people thanks to its excellent support solution, varied training in addition to trading devices, competitions that bring a number of attractive incentives ... Every one of these points aid ThisOption happen a reliable binary options trading platform with a multitude of website visitors.
Control the dangers when buying from ThisOption:
Making money is a benefit. But saving your making money is even much better. Here are some vital principles: Constantly comply with the concepts of resources monitoring: The quantity of a purchase should certainly not go beyond 3%-- 5% of the readily available sources; The amount of money in open trades require to be less than 10% of the down payment quantity; The loss amount for one month requirement to not go beyond 12% of the down payment. The balance you have in your account is sources at risk, as well as additionally is the amount you can handle to spend for losses. Never ever trade with funds for vital objectives or money obtained. Select an appropriate loss for every as well as daily. For some people, it may be 5 not successful purchases in succession, others can endure 10 or 20. Put your feelings apart and follow your trading plan. This is likewise a part of danger control. No alt text provided for this image
Special Advantages ThisOption determines all options career system around the world
ThisOption is the very first system worldwide for binary options to use social trading network (Replicate Trading), making it much easier for consumers to make earnings than ever before, just choose professionals along with set up Replicate Trading. The purchase will certainly be dealt with by an expert, income approximated to be from 5% -20% monthly
ThisOption has an advancement policy for companions as well as customers that wish to share ThisOption info extensively to many other consumers, with an associate advertising plan that pays a high payment to IB aid you make a huge amount and easy revenues completely, accompany ThisOption to elevate profits and also limitless income at ThisOption
· Liquidity
Obtain in 1 hr. to your regional checking account as well as likewise promptly to your e-wallet
· Recharge
Every method is immediate
· For the really first time, significant innovation firms such as Facebook, Apple, Google, as well as Amazon have actually entered the Binary Different market. No alt text provided for this image
Final idea
ThisOption is a friendly trading system, intuitive interface, trustworthy trading evaluation and also measurement devices. Diverse types of trading accounts optimal for both specialists as well as likewise newbies. Practical settlement, numerous down payments as well as withdrawal methods. Specialist client service.
Official links for more details,
Website Link : https://www.extons.io
Thisoption binary exchange : https://thisoption.com
Whitepaper Link : https://www.extons.io/whitepaper
Twitter Link : https://twitter.com/thisoption
Telegram Link : https://t.me/thisoption
ANN Threads Link : https://bitcointalk.org/index.php?topic=5263768
Facebook Link: https://www.facebook.com/thisoptionexchange
Youtube Link: https://www.youtube.com/channel/UCb6ufyQv-hs5BcUx6j0q70Q
Medium Link: https://medium.com/@thisoption.com
Bitcointalk Username : priyapolypro
My Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=2355878
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Is wealth matrix robot legit?

Is wealth matrix robot legit?

Is wealth matrix robot legit?
We have analyzed wealth matrix trading software carefully together with its key factors to work out whether this trading robot is legit and will be trusted. Following our review, we tend to can confirm that wealth matrix is legit and trustworthy. The robot efforts to supply a safe trading surroundings by channeling traders to regulated brokers and protects members’ data. The fact that robot partners with regulated brokers ensures that users’ funds are held in segregated accounts and users will be compensated if the broker goes into bankruptcy.

wealth matrix’s web site is SSL secured and the corporate offers high protection options against any cyber threat. wealth matrix discloses crucial info regarding the corporate including its Privacy Policy, Terms, Earnings Disclaimer, and Spam Policy. The robot additionally claims that there are no hidden fees and withdrawals can be made anytime and instantly.

wealth matrix Legit
How does wealth matrix work?
wealth matrix offers a totally different kind of automated trading algorithm. The corporate has developed the 8 high-finish pattern recognition algorithm to detect trading opportunities within the crypto market. In straightforward terms, the software allegedly is ready the scan and analyze the crypto market by employing a powerful AI-driven algorithm to suggest profitable trades and then execute these trades at just once for all its members.

The robot reports that the AI Matrix Professional software may be a highly accurate trading software that eventually can generate profits for people who invested within the platform. By using a number of the foremost advanced trading technologies within the market, wealth matrix supposedly is in a position to conduct market research and analyze trading charts. The robot claims to use a preset of technical indicators like Moving Average, RSI, Bollinger Bands, and oscillator to derive successful trading signals.

Then, the robot is ready to connect to a robot broker that executes a giant variety of orders simultaneously by using another powerful trading algorithm. The robot broker provides a leverage ratio of up to one:a thousand and immediately executes the orders through many market manufacturers. Our review confirms that wealth matrix partners with well-reputed regulated brokers.

Open account currently

Why trade with wealth matrix?
According to user reviews, wealth matrix seems to be one in all the foremost reliable trading robots in the industry. There are several advantages of this trading software in comparison to different trading robots.

A high claimed profitability
wealth matrix reports that there's no limit to profitability and a few users have created thousands of dollars in one trading day. However, though the robot is entirely automatic, the team states that every user should follow the signals rigorously and act fast on the predictions made by the software. The majority of user testimonials, that seem to be real and from real folks, report having created important profits through the AI Matrix Professional Software.

Positive name
We have a tendency to have scan many testimonials and reviews from users who have used wealth matrix AI software and the bulk claim to possess had a positive trading experience. According to these reviews, it seems that wealth matrix will be trusted. It's vital to say that during this trade, a corporation with positive feedback from users indicates that they need the necessary knowledge in providing accurate trading software and reliable business structure.

wealth matrix User Testimonials
Secure and safe trading platform
wealth matrix takes pride in its information and privacy protection policy. Indeed, with the increasing threat of cyber-attacks across the globe, it is a vital factor when choosing a trading robot. While other trading robots cannot shield users’ knowledge and funds, wealth matrix is SSL secured and applies protection options like NortonSecured, VeriSignSecured, and McAffeSecured. Furthermore, users report that the withdrawal method is reliable which wealth matrix offers a responsive support team.

Excellent client support
Our review reveals that this wealth matrix responds immediately to customers’ queries. Users will contact the wealth matrix team via submitting a price tag form on the official web site as well as through the client support team of the assigned broker. Most of the reviews indicate that wealth matrix includes a responsive and useful support team.

Open account currently

*Remember all trading risks and you shouldn’t risk a lot of then you'll afford to lose.

Getting started with wealth matrix
Before we delve into the account creation process, you should remember that wealth matrix isn't yet accessible in all countries, hence, you may have to check if the robot offers its services in your country of residence. If the robot is obtainable in your country, simply follow the steps to open a free trading account and start trading.

Step One: Registration
Initial, move to the wealth matrix official web site and fill in your personal details within the sign-up kind. The robot needs you to submit your first and last name, and your email address. Then, you'll have to create a password and submit your phone number and click on the register currently button. On the next, simply click on the Start Trading button and you will be redirected to a regulated broker in your country.

wealth matrix Registration
Step 2: Get connected to a regulated broker
Now, that you have completed the sign-up method, wealth matrix redirects you to 1 of its partner regulated broker. The robot broker is allowed to collect and investors’ deposits, and guarantee that purchasers’ funds are safe. Unlike other trading robots in the market, wealth matrix allows you to trade on a demo account to follow your skills before you risk real money.

Step Three: Deposit funds
Now that you're acquainted with the platform, it’s time to deposit funds and begin trading. We tend to remind you that wealth matrix maintains a minimum deposit demand of $250 and we tend to suggest that you start with the minimum requirement. The assigned might need you to submit further documentation that verifies your identity. As you'll see within the image below, the robot allows you to deposit funds via debit and credit cards, with bitcoin.

wealth matrix Registration
Step Four: Live trading
Once the funds are transferred into your account, you'll flip on the software and start trading. Different from different trading robots, wealth matrix offers an array of monetary instruments as well as cryptocurrencies, stocks, fiat currencies, commodities, and indices.

We tend to advocate that you just let the robot work for around eight hours per day and monitor the account for 20 minutes per day. Remember, the cryptocurrency market is open 24/7.

wealth matrix live trading
Open account now

Is wealth matrix Legit? The verdict!
From this review, we have a tendency to can confidently state that wealth matrix could be a legitimate trading robot. This robot incorporates a high claimed accuracy rate and allegedly is in a position to get consistent profit through its innovative eight high-finish pattern recognition algorithm. The bulk of users report that wealth matrix’s software performs well and the company offers a solid customer support service and a reliable withdrawal process. However, we have a tendency to should inform you that every one investment opportunities carry a certain risk and you should only trade with a capital you can afford to lose.

FAQs
Is wealth matrix legit or a scam?
wealth matrix is not a scam trading robot. Following this review, it appears that wealth matrix is legit and works in transparency.

Do I want to own a trading expertise and skills to begin trading with wealth matrix?
No, wealth matrix reports that the software was designed to be as easy as potential to use. As a result, anyone will use this software while not having a previous trading expertise.

How abundant should I deposit with wealth matrix?
wealth matrix contains a minimum deposit demand of $250. We suggest that start with $250.

Can I withdraw my profits from wealth matrix?
Yes. Users claim that the withdrawal method takes twenty four-forty eight hours as most.

Trading is comes with risk. All content on our website is provided solely for informational purposes, and isn't an supply to shop for or sell or a solicitation of an supply to buy or sell any security, product, service or investment. The opinions expressed during this Site do not constitute investment advice and freelance monetary recommendation should be sought where
Mark Graham could be a finance author primarily based in London, UK with over 8 years expertise in cryptocurrency and stock writing. He has written for a range of online publications and enjoys writing concerning auto-trading tools.

https://preview.redd.it/quaztxr0ese51.png?width=339&format=png&auto=webp&s=88eb7a8d7ed6f0d3da6a48839e1732cd28ce7529
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CRYPTO TRADINGBitcoin Code Review: Is It Trustworthy Or Is It A Scam?/bitcoin code

CRYPTO TRADINGBitcoin Code Review: Is It Trustworthy Or Is It A Scam?/bitcoin code

CRYPTO TRADINGbitcoin code Review:Is It Trustworthy Or Is It A Scam?With the automated trading software, bitcoin code, you can now trade Bitcoin and other cryptos profitably. Browse this honest and unbiased review before you invest.AvatarPublished four month ago on April 08, 2020By Daniel Reggio

If you're fascinated by trading Bitcoin, chances are that you've got come across multiple trading platforms that promise the simplest trading expertise, and bitcoin code might be one in all them.


You have in all probability heard of stories regarding folks who have made tons of thousands of dollars and even millions, by investing in Bitcoin and different cryptocurrencies. However, there's a need to exercise caution because one can still make losses or maybe lose your money to scam brokers. That's why it is necessary to determine whether or not the broker or the software you would like to use is legitimate or a scam, so our review of bitcoin code.

Let us study what this powerful automated cryptocurrency trading software has to offer.


An entrepreneur and software developer known as Steve McKay developed bitcoin code, and his goal was to create a system that traders from all over the globe might profit from. He aimed to deliver a universal trading software that will permit investors to profit from the cryptocurrency market. He based the algorithm for the Bitcoin trading software on trends that are common within the stock market and also in the cryptocurrency market.

McKay’s software will predict global market trends through its combination of advanced technology and massive volumes of information. It is additionally designed to handle fast transactions therefore that it will exploit sharp declines and will increase in cryptocurrency prices. In addition, its automated mode ensures it can enter and exit trades on behalf of the trader, while not any human intervention.

bitcoin code is advertised on its web site as an avenue for traders to achieve financial freedom since it is able to deliver a high success rate. Even the testimonials listed on the web site feature people who claim to create thousands of greenbacks on a daily basis. Mckay says that the bitcoin code software managed to get more than $18 million in profits inside the first six months once it commenced operations. Thus, with so several positive reviews and promises to make real profits, the large question is – Is bitcoin code your best bet when trying to form some real cash off Bitcoin and other cryptocurrencies?



bitcoin code is a Bitcoin trading software that's designed to assist investors to take advantage of investment opportunities within the cryptocurrency market. The software has inbuilt bots that monitor cryptocurrency price movements and then notifies investors thus that they'll use the lucrative trading opportunities.

bitcoin code already has thousands of active accounts, which means that that several people are using it. This Bitcoin trading service is additionally accessible across the world. It is rapidly becoming fashionable mainly as a result of it offers a system that is straightforward to be told, so providing a sleek trading experience even for brand spanking new traders. That is, even if you've got never traded online before and you have no expertise in the monetary markets, with the bitcoin code software, you can profit from trading cryptocurrencies. The platform additionally offers investors the option of trading manually or automatically. In addition, the trading software is also ideal for people who need to trade full-time not solely as a result of of the two options of manual and automated, however additionally as a result of it is fully capable of handling transactions quickly and accurately. The end result is profitable trades enabling a trader to earn a gradual income.

The automated choice of the bitcoin code means that that the system takes over the investing method on your behalf, which suggests that that you'll watch it make profits in real-time whereas you go about doing different things in your life. You might even be fast asleep, and bitcoin code will open trades for you. Another issue that makes bitcoin code quite an enticing software is that it achieves a high winning ratio at additional than ninety% on the automated mode. This makes it ideal for anyone that wants to earn some passive income from the cryptocurrency market.


The Signup Process – How To Open An Account With The bitcoin code
bitcoin code’s signup process is kind of straightforward as half of its goal of attracting additional users. Opening an account is totally free, therefore you can open an account while not depositing money at initial since it has a demo possibility. The trial account allows you to trade with virtual money, which can not be withdrawn, but the conditions are like those in an exceedingly live account.

https://preview.redd.it/53ob9x2xtse51.png?width=311&format=png&auto=webp&s=235510e73732bc861b7582b5409037293dede48f
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Degiro & investing questions

Hello all,
So I am new to trading and investing. I am looking to start small with a trustworthy low cost broker. Degiro looks like a good candidate since Interactive brokers require you to be a US citizen for their low cost lite account.
Anyways, thing is I am based in Greece but I want to use Degiro in English. How do I do that?
What would you suggest a good beginning to be? Stock or ETFs? I've been also quite seriously considering bitcoins.
I am mostly looking for long term investment. Just to combat inflation and maybe make a buck in the process. Should I look for something that pays dividends?
Any other tip for beginners will be greatly appreciated.
Cheers
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Good broker for trading Bitcoin?

Hi Reddit, im trying to do some research on which is the best and most trustworthy broker for trading bitcoin. Would love to get some feedback from the community. Thank you?
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Large Enterprise Adoption of Blockchain is happening, enabled by Quant Network’s Overledger

Large Enterprise Adoption of Blockchain is happening, enabled by Quant Network’s Overledger
https://medium.com/@CryptoSeq/large-enterprise-adoption-of-blockchain-is-happening-enabled-by-quant-networks-overledger-32321b650115
This is Part Two in the mini-series looking at Quant Network. You can see Part One here as well as links to other articles at the bottom of this post.
Quant Network have achieved incredible levels of adoption since launching Overledger less than a year ago. Their growth strategy is to partner with multinational global organisations with huge amounts of employees to then host / implement / take Overledger to each of their own clients. So one Partnership, leads to exponentially more and is the fastest way to scale rather than trying to partner with each customer individually. This is how companies such as Oracle grew so fast and Microsoft with their Partner Network.
These are multinational global organisations with 100,000 + employees, this is the scale that we are working towards to take Overledger to the mass market. We can’t do it one by one in each country and sign them up but we can partner with someone that has 100 customers and they can take it to all their customers as well which helps with the adoption of our technology” — Gilbert Verdian
Let’s start with arguably the biggest partnership for any Blockchain company listed on Coinmarketcap, the leading Financial Network Provider in Europe, SIA.

SIA

  • Provide the leading Financial Network in Europe with more than 100 Tier 1 banks connected, 44 Trading venues (including the main international stock markets in Milan, Rome, London, Frankfurt and New York) and other financial institutions covering the entire trading process from pre-trading to post-trading
  • process 14 Billion institutional services transactions, 7.2 billion card transactions, 3 billion payments, 51.7 billion financial transactions and carried 1,204 terabytes of data on the network
  • SIA in partnership with Colt and SWIFT are the only two network providers awarded a 10 year tender commissioned by the European Central Bank for the provisioning of connectivity services allowing European central and commercial banks, central depositories, automated clearing houses and other payment service providers to connect directly to Eurosystem market infrastructures through a single access interface (Eurosystem Single Market Infrastructure Gateway — ESMIG).
  • SIA’s SIAchain is the leading blockchain architecture in Europe connecting 570 Banks, Central Banks, Trading Venues and other Financial Institutions using R3’s Corda, Permissioned variants of Ethereum and Hyperledger Fabric.
  • SIA have Integrated Overledger into the leading blockchain architecture in Europe SIAchain so that all of the 570 banks, Central Banks, Trading venues etc can benefit from Blockchain Interoperability.
“Since the European launch of our private infrastructure SIAchain, we are at the forefront of innovation in blockchain technology with the aim of supporting financial markets with a high-performance and secure architecture and a clear governance model. We actively continue on our path of innovation and the achievement of a fully interoperable blockchain network is the foremost objective we want to reach with the collaboration of Quant Network and its disruptive vision on DLT”, says Daniele Savarè, Innovation & Business Solutions Director, SIA.
https://youtu.be/0cNmGrLPoTo
So what we’ve done is instead of just announcing one client and one thing, we’re announcing that we’re working with SIA. So, SIA is the leading European payment infrastructure. And what we’re doing with SIA is interconnecting blockchain networks with SIA, and doing settlements, which are central bank settlements, with the central bank in Italy. So what Overledger is doing is we’re actually bringing blockchain and interoperability to all of SIA’s clients, which are 580 banks. So, Overledger could be rolled out to all these institutions, financial services, banks, at scale, and have interoperability to get the benefits of this.
To read more see my other article which goes into more details about SIA here
https://preview.redd.it/dbpfz3914pn31.png?width=1148&format=png&auto=webp&s=f9e6b3db87954f2e86a4ce2e060646fa440e8543

AX Trading

Quant Network are working with AX Trading to bring more digital assets, securities and tokenised assets to their existing 800 institutional traders in an already live and connected FINRA and SEC regulated exchange. AX Trading is not just about trading securities but other digital assets such as Bitcoin, Ethereum and potentially even Quant in the Future.
  • an SEC-registered broker-dealer and Alternative Trading System (ATS) Operator. They are a member of FINRA and SIPC regulated authorities.
  • Have investors and sponsored brokers such as Credit Suisse, (a multinational investment Bank and Financial services company worth $27.5 billion).
  • AX currently have over 800 Institutional traders (these are not individuals, but corporations such as hedge funds, banks, investment banks, pension funds, insurance companies, endowment funds etc).
  • AX Trading have also partnered with Euronext, the largest Stock Exchange in Europe with a market cap of $4.65 trillion as of 2018, in the creation of Euronext Block which utilises AX Trading.
  • This is a multi-trillion dollar market with huge global enterprises, traditional exchanges and global banks are all adopting DLT at a rapid pace and going into production at scale in a matter of months
Overledger a blockchain operating system, will enable universal interoperability for regulatory-compliant security tokens and digital assets to be traded on AX ATS, a regulated secondary trading market. AX intends to integrate Overledger to help foster the evolution of traditional capital markets infrastructure to facilitate the mass implementation of regulated digital assets. With the increased market adoption of digital assets and banking “coins” such as JPMorgan Coin, AX and Quant Network are at the forefront to enable the transferability and movement of digital assets
George O’Krepkie, AX CEO said: “we look forward to partnering with Quant. Their technology will allow our blockchain agnostic security token exchange to communicate seamlessly with issuers, traders, investors, and regulators across different blockchain protocols. This is a key technological breakthrough that will help us bring the benefits of security tokens to Main Street and Wall Street.”
To read more see my other article which goes into more details about Wall Street 2.0: Enabled by Quant Network’s Partnership with SEC & FINRA registered AX Trading here
https://preview.redd.it/on9hbjk54pn31.png?width=1286&format=png&auto=webp&s=ca9ed465376e483801cf87e8933f0e718be915b4

Oracle

  • Oracle are the second largest software company in the world, second only to Microsoft and worth $174.5 billion.
  • Quant Network are an Oracle Fintech Partner. Oracle are jointly going to market with Quant Network and taking Overledger directly to their 480,000 clients globally.
  • On the week commencing the 23rd September 2019 Quant Network and Oracle will be showcasing Overledger at the largest Financial event of the year SIBOS. SIBOS is a very exclusive financial services only event that only institutions that are connected to SWIFT can attend. The only 2 Blockchain firms attending are Quant Network and Ripple.
At Sibos 2019 Oracle is excited to feature 10 of our fintechs that have proven they are enterprise cloud ready and span a wide range of digital transformation themes including several available on Oracle’s Open Banking API ecosystem. Discover how you can accelerate your digital banking journey with a wide range of proven Oracle fintech solutions that meet the security, performance, and compliance needs for today’s Adaptive Bank — Oracle SIBOS 2019 Blockchain Enables Trustworthy Transactions The potential uses of blockchain technologies are seemingly endless, from providing easy access to online payments to creating connected economies. But one of blockchain’s standout promises is to automate trust by providing an incorruptible platform for transactions. Quant’s Overledger is the world’s first blockchain operating system. It’s designed to provide any network in the world with a gateway to all other blockchains, and therefore enable companies to develop new solutions by incorporating features from multiple blockchain applications. — https://blogs.oracle.com/startup/innovation-pays%3a-the-five-fintech-startups-making-money-more-interesting
https://preview.redd.it/bv0hxxr84pn31.png?width=1100&format=png&auto=webp&s=8e67dd4a7b23eae444ed1ed9e7f7bda972236280

Crowdz

  • Crowdz are the leading blockchain-based trade finance company
  • Headed by Cisco’s former global supply-chain leader
  • In business since 2014, with 270+ beta clients
  • partnered with Barclaycard, part of Barclays Bank, to integrate into their payment solutions
  • Recently received $5.5 million Series A Investment from Barclays Bank and BOLD Capital Partners, with additional investments coming from TFX Capital Partners, Techstars Ventures, and First Derivatives
  • In talks with the Korean Government about using their tech.
Payson Johnston, President and CEO of Crowdz, a Silicon Valley trade-finance and financial-technology company, stated that, “Although Crowdz uses the Ethereum blockchain as the foundation for our Invoice Auction Exchange, we have needed a solution that allows for invoices and other documents to be transferred from one blockchain to another — for example, among Hyperledger, Corda, and EOS. With the Overledger solution from Quant Network, it is now possible to pass data among different blockchains. Crowdz looks forward to working with Quant Network to enable the true multi-blockchain environment that our customers demand.”
You can read more about the announcement here

AuCloud and UKCloud

  • UKCloudX is the UK Sovereign High assurance cloud services designed for the UK’s most sensitive and mission critical systems from Defence, National Security to wider Government requirements.
  • AUCloud is Australia’s sovereign cloud Infrastructure-as-a-Service (IaaS) provider, exclusively focused on the Australian Government (Federal, State and Local) and Critical National Industry (CNI) communities.
  • AuCloud integrate Overledger onto the AUCloud platform to provide highly secure and interoperable Blockchain-as-a-Service for Australian Government and Defence and the critical national industries and supply chains that serve the nation.
Scott Wilkie, Director of AUCloud stated that Australian Government, Department of Defence and major industries are using or testing blockchain to interact with their supply chain, critical infrastructure, national record keeping and financial services. These organisations require the interoperable functionality that can only come with an operating system like Overledger and the security of the leading sovereign Australian cloud platform. Without Overledger, none of these projects or systems will be able to communicate with each other or enable cross party collaboration. Brad Bastow, CTO AUCloud (previously CTO Department of the Prime Minster & Cabinet) stated that “applying world leading blockchain technologies to enhancing the cyber security of cloud IaaS and PaaS can significantly improve the ease of adoption and reduces risks for all government users and citizens. We aim to bring the most effective and assured technologies as-a-Service and Quant Network have some of the most advanced blockchain technology in the world in this respect.”
You can read more about the announcement here

SIMBA Chain

  • A Cloud-based, smart-contract-as-a-service (SCaas) platform. enabling users across a variety of skill sets to implement DAPPs.
  • formed from a Defense Advanced Research Projects Agency (DARPA) grant in 2017 originally developed by ITAMCO and the University of Notre Dame
  • Awarded a grant from the Department of Energy to develop a platform for a blockchain solution for the solar energy market.
  • Their platform is available on Azure and are Microsoft Start Up Partners with a former Microsoft Global Exec Joining SIMBA Chain.
  • Some of their other partnerships include the Government Blockchain Association, Air Force Research Laboratory, Caterpillar, SAP and EY
  • Recently announced they are starting to develop on Quant Network’s Overledger to enable connection to all of the blockchains currently connected through Overledger and provide interoperability between them.
https://preview.redd.it/blpktdhc4pn31.png?width=438&format=png&auto=webp&s=ddf8bbad9bb1c2e32e84718b03fdac08e1f46663

https://preview.redd.it/lv7c8upd4pn31.png?width=1085&format=png&auto=webp&s=33c1b51f8b4b4479de99ac37ea4def67b348fe5e
https://youtu.be/u4ymv3AM_Us

AllianceBlock

  • an AI-powered decentralized investment and financing ecosystem, which allows corporates to quickly, cheaply and safely raise funds, whether it be equity, debt or tokens.
  • Selected as 1 of 15 Best Early-Stage startups at Money 20/20, Europe’s Largest Finetech Conference.
  • Joined Kickstart Innovation, one of Europe’s largest multi-corporate accelerators.
  • Joined Level39 Europe’s largest Fintech Accelerator
  • Partnered with Holochain, Elastos and Portugal Finlab
  • have more than 35 years combined experience in capital markets at top investment banks (Goldman, JP Morgan, Barclays…) and more than 10 years in AI, IT and software development (Barclays, VINCI, PostNL…).
“AllianceBlock will use Overledger to leverage multiple blockchains and create multi-chains token swaps. This partnership offers the possibility to open a new set of real-world applications leveraging different features from different chains. AllianceBlock is delighted about this partnership which will help blockchain projects and SMEs wield blockchain technology very easily” said Rachid Ajaja, Co-founder of AllianceBlock.

Jiangsu Huaxin Blockchain Institute

  • the first state-owned research hub dedicated to exploring blockchain technology for the Chinese Ministry of Commerce with over 100 employees.
  • high-tech R & D institution backed by the provincial government in Jiangsu, the second highest GDP grossing province in China
  • Backed by parent company Beijing Huaxin Electronics Enterprise Group, a conglomerate that has incubated and invested in numerous IT and telecommunications companies
  • China’s official institution for blockchain development, signed an agreement to collaborate on the development of innovations like distributed computing and quantum cryptography to revolutionize the next generation of distributed ledger technology (DLT) protocols.
  • Quant Network have signed a MoU for a 5 year cooperation

Atlantic Power Exchange

  • An Early Stage start-up developing P2P energy software enabling automated trading of green and sustainable electricity over the blockchain
  • Creating an Upstream Energy exchange which interconnects existing P2P exchanges (like PowerLedger, WePower, GridSingularity etc) to multiple stakeholders, suppliers and customers in Australia.
  • All Built on Overledger

Managing Director of Rockefeller Capital Joins the Board of Quant Network

  • Rockefeller Capital Management is a leading independent financial services firm led by President & Chief Executive Officer Gregory J. Fleming, offering global family office, wealth management, asset management and strategic advisory services to ultra-high-net-worth individuals, families, institutions and corporations
  • Rockefeller Capital Management manages over $19 Billion in Assets with the aim of expanding this to $100 billion within 5 years.
Guy Dietrich, Managing Director, Rockefeller Capital commented:
“I’m delighted to join the Board of Quant Network. This is an exceptional team of experienced professionals in the cybersecurity and blockchain industry.”
Guy Dietrich recently personally attended meetings with the UK’s Financial Conduct Authority (FCA) with Gilbert.

https://preview.redd.it/pko3capi4pn31.png?width=548&format=png&auto=webp&s=a200a3cb342a6ff848defcc94157cdee37c723af

International Organization for Standardization (ISO)

Gilbert Verdian is the founder of ISO TC 307, the global standard for Blockchain and Distributed Ledger Technologies which 55 countries are currently working towards. Gilbert is the chairman for the TC 307 Working Group for Interoperability of blockchain and distributed ledger technology systems

https://preview.redd.it/vfk2sgnk4pn31.png?width=1133&format=png&auto=webp&s=edd7ac8f51a9e08742f9754cec92cf1bcc0539ff

European’s Union INATBA

Quant Network is a founding member in the European Union’s launch of the International Association for Trusted Blockchain Applications (INATBA). Other members of INATBA include Accenture, Accord Project, Alastria,Banco Santander, BBVA, Consensys, Enterprise Ethereum Alliance, Fujitsu, IOTA, Ledger, SAP, SIA, Swift, Telefonica, We.Trade and many more. INATBA is a collaboration of 26 EU countries to develop EU blockchain regulation and prepare the launch of EU-wide blockchain applications

Pay.UK

  • Quant Network accepted as a company guarantor of Pay.UK, the UK’s largest payment network, alongside banks and other FinTech companies
  • Through this relationship, Quant Network will shape the payment ecosystem to promote competition, innovation and openness, as well as setting the strategic direction of the Payments infrastructure and adopting the New Payments Architecture (NPA).
https://preview.redd.it/e6v2eqom4pn31.png?width=438&format=png&auto=webp&s=87de79c1bf4a7a3207b5f9f17ee496da94662f54
You can read more about it here and here
https://preview.redd.it/10okaogo4pn31.png?width=1454&format=png&auto=webp&s=99f7696dd6994b74960d2d017cb06d97304221a4

MOBI

  • consortium for blockchain innovation in the mobility industry. The consortium was founded by leading automakers including Renault, Ford, GM, and BMW, and now represents more than 80 percent of global auto manufacturing by volume. Other members include Bosch, IBM, Cognizant, Accenture, Consensys, IOTA, R3, VeChain, Hyperledger, Ocean Protocol and Honda (Full list can be seen here)
  • Overledger operating system will enable interconnectivity and interoperability of data between manufacturers, devices, transportation and autonomous vehicles
https://preview.redd.it/9e6tfv9q4pn31.png?width=1138&format=png&auto=webp&s=29956ae26b72c0bae6d55c63945108e7a8dd2e0b

Hyperledger

  • Quant Network has joined Hyperledger where more than 270 organisations are now contributing to the growth of Hyperledger’s open source distributed ledger frameworks and tools. Some of the companies involved are Accentrue, Airbus, American Express, Baidu, Cisco, Deutsche Bank, DTCC, Fujitsu, Hitachi, IBM, Intel, J.P.Morgan, SAP, BBVA, Bosch, Deloitte, Fedex, Huawei, Lenovo, NTT Data, Oracle, PWC, R3, Ripple, Samsung, We.trade, Bank of England, Enterprise Ethereum Alliance, Federal Reserve, MOBI etc. Full list of members can be seen here.
  • Working with the Hyperledger Quilt team to enhance Blockchain Interoperability capability for Hyperledger members

Accord Project

  • The Accord Project is the organization for the development of techno-legal standards for smart legal contracts and distributed ledger applications in the legal industry
  • The Project operates in collaboration with IEEE, the International Association for Contract and Commercial Management, Hyperledger, R3, Decentralized Identity Foundation, and a number of leading trade associations, industry and standards organizations, and world leading law firms.
  • Quant Network have joined the Accord Project and are providing the Technology with Overledger and Treaty Contracts.
https://preview.redd.it/9o790gjs4pn31.png?width=1086&format=png&auto=webp&s=a5475b58acef6e9544236f2adcc6b6fb760c49e2

As well as many being worked on and yet to be publicly announced:

HCL Technologies

  • Indian Multinational IT Service and consulting company with offices in 44 countries and 137,000+ employees
  • Among the top 20 largest publicly traded companies in India with a market cap of $18.7 Billion and revenue of $9 billion.
  • Customers include 250 of the Fortune 500 and 650 of the Global 2000 companies.
we are really looking at ASIA, especially around Singapore, Hong Kong and we are working with partners to go there, just yesterday we had a meeting with a $8 billion company based in the ASIA region and they want to use Overledger for their clients and they are going to help us expand to that region, once we partner with the right bigger players
https://youtu.be/G1b9TX6rcuI
https://preview.redd.it/ac3f0yjv4pn31.png?width=827&format=png&auto=webp&s=dc1bfde0a476ee6ffbcb15284236dbb5d9d508e9

2 of the Big 4 Global Consultancy Firms are taking Quant Network’s Overledger to their clients.

The Big 4 Global Consultancy firms are huge and consist of Deloitte, PwC, EY and KPMG. They offer a range of services from offering consultancy advice on what to use, assisted prototyping right through to the delivery of production-ready enterprise solutions. Previously Gilbert was the Director of Cybersecurity at PwC and a Senior Manager of Security at EY plus Lara Verdian was the director for Deloitte Access Economics at Deloitte.
https://preview.redd.it/2hklfapx4pn31.png?width=697&format=png&auto=webp&s=d8181a12c888de00f4cbc6a4ff639697acc4deee
Quant Network are currently working with 2 of the above 4 global consultancy firms who are taking Overledger to their clients.

As well as many other consultancy firms:
https://preview.redd.it/usoyx5b15pn31.png?width=1215&format=png&auto=webp&s=a60b243d74e50dbc97ada380001f6f9396c8bb5b

Quant Health

  • Quant are working the Government of Armenia in Health, futureproofing the eHealth Strategy with Blockchain
https://preview.redd.it/7wkjbb045pn31.png?width=429&format=png&auto=webp&s=440f568ecb1ce8f587552e2e196b357c21f5592d
  • Working with huge Conglomerates to establish a new consortium in Healthcare
https://preview.redd.it/fbvia5r65pn31.png?width=1395&format=png&auto=webp&s=dfe009348deedb06844970d11d4b6a0d7e768ab1

Exchanges

They are also in talks with Traditional Exchanges such as the Swiss Stock Exchange SDX Platform and others as well as Large asset management firms
https://preview.redd.it/cn3ylk295pn31.png?width=1254&format=png&auto=webp&s=1b24c2088383aa5438b9d97bd54c34867b1cb137
As well as various Governments including the Australian Treasury with DATA61 regarding open banking and consumer data rights, the UK’s HMRC, Central Banks, Global companies in Korea, Insurance Companies, Airlines and Logistic companies.
https://preview.redd.it/t35ctv3b5pn31.png?width=1237&format=png&auto=webp&s=311762c9dbdc2755001b9b1a426dbe0206105574
It’s truly remarkable what they have achieved in such a short space of time, working non-stop all around the globe, working with enormous Global organisations, Leading Financial Institutions, Governments and Health. Quant Network is enabling the mass adoption of Blockchain, bridging all blockchains and offchain networks together (as well as plans to connect directly to the Internet) to achieve the true potential of this revolutionary technology.
In the last article of this mini-series I will take a closer look at the tokenomics of the QNT token and why there isn’t another utility token with as much value as QNT. With a tiny total supply of just 14.6 million QNT tokens, with no inflation, Supply reducing further as tokens are taken out circulation with licensing and strong demand / usage for the token, as well as minimum QNT holdings for wallets to benefit from Universal Interoperability.
Part One — Blockchain Fundamentals
Part Two — The Layers Of Overledger
Part Three — TrustTag and the Tokenisation of data
Part Four — Features Overledger provides to MAPPs
Part Five — Creating the Standards for Interoperability
Part Six — The Team behind Overledger and Partners
Part Seven — The QNT Token
Part Eight — Enabling Enterprise Mass Adoption
Quant Network Enabling Mass Adoption of Blockchain at a Rapid Pace
Quant Network Partner with SIA, A Game Changer for Mass Blockchain Adoption by Financial Institutions
Part One of this mini Series — What is a blockchain operating system and what are the benefits? Introducing Overledger from Quant Network
Wall Street 2.0: How Blockchain will revolutionise Wall Street and a closer look at Quant Network’s Partnership with AX Trading
submitted by xSeq22x to QuantNetwork [link] [comments]

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submitted by Fextrades to u/Fextrades [link] [comments]

An open letter to the community - We need to put our money where our mouths are and support decentralization and dApps

Hey everyone,
As I'm sure you all know full well, early adoption of crypto is primarily speculative trading, so this post is gonna focus mainly on the problems with trading in this space right now (centralized exchanges, regulations, lack of investment products, etc), and how we can shift our mindsets as a community to put our money where our mouth is and rally behind startups doing the right things (decentralized exchanges, dApps, protocols and necessary infrastructure).
Why? Because for the first time in history we have a disruptive new technology that can really change the landscape in every industry imaginable, and we are at the stage where we're planting the seeds of these new products and companies, so why not support the right ones so we can realize the future we're all envisioning?
I recently wrote an article on this on Hackernoon here: https://hackernoon.com/its-time-to-address-the-massive-problems-of-centralized-exchanges-ac2cfb66bef8, but I thought I'd expand on it and share my thoughts on how to move this space forward in terms of getting more dApp adoption and usage.

Who uses dApps anyways?

Blockgeeks just published a report on dApp usage for those interested, there is definitely some growth but since the bear market it has definitely tapered off: https://blockgeeks.com/guides/report-dapps-november-2018/
It's obviously nowhere near mainstream adoption, but it's a great start, so there's hope! There's definitely a ton of things that should immediately be addressed and are of high importance IMO, so I'm going to lay them out:

First, we need to address the massive problems of centralized exchanges

Bitcoin aside, the crypto space as a whole is still pretty young, the current experience of trading crypto assets is understandably a fragmented experience with scattered pockets of liquidity, and a highly technical and high friction process. But the irony is that we have the technology to avoid the security flaws that plague centralized exchanges and the adoption of crypto - decentralized trading.
There are a ton of centralized exchanges available to the public today, but a much smaller subset of these exchanges are properly regulated, not to mention trustworthy and reliable. I know the pro traders out there might say, "Well DEXes aren't fast enough, or I can't run bots on them yet". That's fair, but if you want to see them succeed some day, every trade helps. If it's a trade that you think is executable on a DEX, do it there instead of on a centralized one. That's how adoption happens, one user at a time.
While industry pioneers like Coinbase have pushed the space forward and newer entrants like Binance raised the bar for the alt-coin trading experience, the industry still suffers from constant hacks and malicious acts.
We need to stop relying on centralized trading/hot wallets as they are huge security risks As far as we know, over $1 billion worth of crypto assets have been hacked & stolen from centralized exchanges in 2018 alone.
Here's the biggest incidents in 2018:
The root cause of this is that centralized wallets are increasingly large honeypots.
The nature of a centralized exchange dictates that some trusted third party is storing the crypto assets of its users to create a pool of liquidity, this being done mostly by aggregating funds into exchange-owned digital wallets where assets from users are pooled into.
Millions of people could lose not just money but also their identity and data handed over to centralized exchanges as well.
While we're still in a bear market this may not happen as frequent, but it's reasonable to be expect that in the next bull-run the frequency and severity of attacks will only rise and a scenario in which an attack as widespread as the recent 50 million user Facebook hack — where both private data and money were stolen — could happen. There's already plenty of exchanges that are careless with handling user identity, handing over your personal ID is not a trivial matter and exchanges should follow the best practices to store and secure them if they're asking for them.

Second, we need clearer, more sensible regulation that fosters innovation and protects investors

This may be an unpopular opinion around these parts, but sensible regulation is good for both the industry and users, to ensure exchanges coming online meet certain requirements, so we're not operating and trading in this wild wild west of shady exchanges.
People who trade today need to have a pretty damn high appetite and tolerance for risk, not to mention an acute ability to discern legitimate investments from the rampant exit scams and phishing attacks. (Just see yesterday's thread about the guy's dad who bought into Onecoin on the advice of a "friend").
The vague stance on the part of governments also means many crypto startups operate in a regulatory grey area (I have first hand experience with this working in the space). The SEC only recently clarified that they view Bitcoin and Ethereum as not a security token, meaning it wouldn’t be subject to existing securities laws.
IMO the current lack of regulatory clarity has lead to a low barrier of entry for operating crypto exchanges, however this is starting to change as seen with the recent EtherDelta SEC charges, they're clearly making a statement now that you need to follow the laws when you open an exchange.
But we can do better, and push lawmakers to create more defined rules that we need to play by, and at the same time educate them so they understand not just the technology, but the implications and potential use cases and how we can get there while allowing companies to innovate, new startups to rise, all while protecting consumers. That way we'll have more legal clarity as the industry matures that is business friendly.

Third, we need a more diversified set of investment products/options for crypto. More wealth generated = more growth and adoption

Up until recently, you were only able to purchase tokens on their own from an exchange. Today, we are starting to see an emergence of basic index funds such as the new Coinbase Bundle and Bitwise. It wasn’t until late 2017 that we saw the introduction of Bitcoin Futures from CBOE and CME.
We expect new companies to continue entering this arena, especially crypto ETFs (ie: Bakkt in Jan 2019 maybe?), as well as other attempts at index funds or derivatives.
There's a bunch of teams doing great stuff:

Lastly, we need to punish greed and reward companies doing the right things

While it’s not a problem particularly limited to centralized exchanges, it’s been reported that listing a token can cost as much as $3 million. In contrast, listing a stock on NASDAQ costs $125k to $300k plus annual maintenance fees.
This is just one example of the greed exhibited by those who have leverage and the middlemen who stand to profit in between (consultants, brokers, ICO firms, etc). These high fees dampen innovation as they’re too great of a cost to bear for most token/ICO projects. This is crucial for most projects as they need liquidity to bootstrap their network and to remain favourable with the community that invested in them.
At least 7 of the top 10 exchanges engaging in excessive wash trading from 12x to over 100x their true volume.
Foul play
Plenty of centralized exchanges have been suspected and accused of wash trading (creating fake volume), insider trading, and price manipulation.
High user trading fees
As centralized exchanges carry more risk, and have more opaque control of their platform, they often charge higher fees compared to a decentralized exchange.
Withdrawal limits
Centralized exchanges impose a withdrawal limit, as a security measure to limit the amount that can be withdrawn at once. However, there’s also a misalignment of incentives, as they stand to benefit when you keep your funds locked on their platform so they can maximize trading fees
There's a bunch of great projects and base layer infrastructure that people should look into and support, not just the protocols but also startups building on top of them, some of my fav protocols include:
Personally I'm working in one of the many, many startups in the space trying to build on top of these decentralized infrastructures to give everyone a more seamless experience to access, trade, and use crypto. But you can imagine how hard it is to gain any traction much less build a sustainable business especially in a bear market like this, and when everyone has either completely lost their motivation or still flocking to centralized exchanges to chase pumps knowing full well the risks and unethical practices.
Cool story, what are you doing about it?
I work with a team called the LakeProject, and we're a group of people that came together because we believe that decentralized platforms will address a lot of these concerns, so we're putting our money where our mouth is and building them. If you want to help or learn more about what we're doing here's our site: http://lakeproject.co. We also built our first decentralized product here which is a trading platform built on 0x: https://trade.lakeproject.co

In conclusion - Vote with your money and your time, it makes a difference

I hope this post made sense and I made somewhat of a decent case (?) on why we need to shift our mindset from simply trading and hodling to proactively choosing where to participate, what dApps to use, and which startups to support.
IMHO this is key for adoption and it will seriously help startups (like ours) to grow and be able to make a difference in the industry and push forward and pioneer a new paradigm of operating a decentralized business. I think everyone in the space right now is still learning and trying to understand how that might look in the future, but the more support and usage we get, the sooner we'll learn and the brighter our future will be.
If you've gotten this far, thanks for putting up with my clickbaity title and reading this thread :)
submitted by matt-lakeproject to CryptoCurrency [link] [comments]

12-22 06:14 - 'Talking about trading has not really help me before now,because of all those fake broker's called manager I've lost so much on this binary trading. about a month ago I came across a testimony about Mr OstercWilliams, how p...' by /u/kurtmuller removed from /r/Bitcoin within 483-493min

'''
Talking about trading has not really help me before now,because of all those fake broker's called manager I've lost so much on this binary trading. about a month ago I came across a testimony about Mr OstercWilliams, how people got paid after trading. and told him all I've been through and he gave me his word's. I have to give it a little try and to my amazement I really got My profit after a week of trading ever since then I have been able to clear my Debt and pay my bills all thanks to Mr Osterc Williams who made this possible for me . If you'[link]1 .
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: kurtmuller
1: re looking for a trustworthy account manager you can contact him via...WhatsApp wa.me/+1(774)2029783
submitted by removalbot to removalbot [link] [comments]

12-21 22:34 - 'Talking about trading has not really help me before now,because of all those fake broker's called manager I've lost so much on this binary trading. about a month ago I came across a testimony about Mr OstercWilliams, how peo...' by /u/kurtmuller removed from /r/Bitcoin within 40-50min

'''
Talking about trading has not really help me before now,because of all those fake broker's called manager I've lost so much on this binary trading. about a month ago I came across a testimony about Mr OstercWilliams, how people got paid after trading. and told him all I've been through and he gave me his word's. I have to give it a little try and to my amazement I really got My profit after a week of trading ever since then I have been able to clear my Debt and pay my bills all thanks to Mr Osterc Williams who made this possible for me . If you'[link]1 .
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: kurtmuller
1: re looking for a trustworthy account manager you can contact him via...WhatsApp wa.me/+1(774)2029783
submitted by removalbot to removalbot [link] [comments]

12-22 06:14 - 'Talking about trading has not really help me before now,because of all those fake broker's called manager I've lost so much on this binary trading. about a month ago I came across a testimony about Mr OstercWilliams, how p...' by /u/kurtmuller removed from /r/Bitcoin within 510-520min

'''
Talking about trading has not really help me before now,because of all those fake broker's called manager I've lost so much on this binary trading. about a month ago I came across a testimony about Mr OstercWilliams, how people got paid after trading. and told him all I've been through and he gave me his word's. I have to give it a little try and to my amazement I really got My profit after a week of trading ever since then I have been able to clear my Debt and pay my bills all thanks to Mr Osterc Williams who made this possible for me . If you'[link]1 .
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: kurtmuller
1: re looking for a trustworthy account manager you can contact him via...WhatsApp wa.me/+1(774)2029783
submitted by removalbot to removalbot [link] [comments]

AMA Wrap-up & Summary

A very big thank you to everyone who participated in FinNexus’s first ever AMA session in the Wanchain Telegram! We were very pleased with the level of enthusiasm from AMA participants! We’re sorry to say that we weren’t able to answer every single question as we received close to 80 questions, and many of them were similar. However, we did our best to identify all the unique questions and answer them all as fully as possible. We have also selected the top ten 🏆🏆🏆winning questions🏆🏆🏆 of the AMA who’s askers will be receiving $20.00 worth of FNC each at the Wanchain address they submitted after the token generation event scheduled in January.
(Feel free to ask any other questions in response to this post!)

TOP TEN QUESTIONS:

1.🏆 What’s special about Finnexus vs. others in the space? @oluap5773
Our closest competitors are traditional financial institutions which offer low risk, non blockchain based stable return and fixed return products. Our other competitors would be platforms such as Binance and Compound which offer centralized or decentralized stable return products based on crypto lending businesses.
FinNexus has a unique focus on assets with real value built on blockchain infrastructure, which is rare in our other DeFi projects. Unlike Binance and Compound whose stable return products are based on crypto lending businesses, the assets we issue include those based on both real world and crypto businesses, which gives users access to reliable assets which are not correlated with the performance of crypto markets. And unlike traditional institutions, all our products are built on blockchain, which enables them to make use of all the blockchain’s advantages.
2. 🏆 What do you think of the future of DeFi in this space? @salmanmbstu96
Our expectation of the future DeFi is mainly on the application level rather than a technical one.
  1. Borrowing and Lending cannot be everything about DeFi. The growth of the DeFi should be largely diversified to other assets and business models.
  2. The risks in the DeFi world is similar, in other words, most of the DeFi models are facing the same systematic risks, which are with high risk and high expected return characteristics. In cases when the bitcoin collapses, every businesses and scenarios will be affected. This is not healthy.
  3. The DeFi applications are not so user-friendly. One has to take some time to learn how to deal with one decentralized product.
A leading project in the future should have the ability to solve the problems above. Blockchain is a great technology, while the combination with finance cannot avoid the basic logic and be isolated from the successful scenarios and models we built. Different models here mean different application scenarios in the financial world, like the equity rights, debenture rights, derivatives or other beneficiary rights.
The centralized or decentralized cannot be questions like yes or no. During the process of development, there may be something in between. On one hand it is built in a decentralized way and smart contracts are triggered automatically; while on the other hand, it is adapting the realistic that some parts of transactions or measurements must be under centralized regulations. We would like to call it Open Finance, as it is open to both the crypto assets on the blockchain, and the assets off the chain while restructuring their parts in a decentralized way.
In the future, we believe that there will be leading projects, that can bridge the blockchain technology and real world assets, diversify the systematic risks while attracting more users, and be user friendly that the nonprofessional may easily operate.
3. 🏆 Give me reason’s why should I invest in #FinNexus? @cryptococuk01
I hope you read the write paper of FinNexus and got understandings on what FinNexus is about to do. FNC will be the sole token in the FinNexus ecosystem. It is a kind of hybrid token, like a utility token but also benefiting from FinNexus development.
FinNexus will work as the financial product supermarket, Broker, Investment Banker or something alike. It will gain revenue directly from its operations.
Holders of FNC is eligible to the following rights or benefits (will be explained in details on the FinNexus official websites):
1)Rights of higher rate of returns on tokenized products; 2)Rights to invest in tokenized products with lower cost; 3)Benefits on the discount on the transaction commissions; 4)Derivative rights, like early settlement, resale or interest swaps; 5)Rights to interact with WAN; 6)Benefits on the FinNexus’ development; the revenue of FinNexus is from: Underwriting; Investment banking; Market making; Transaction commissions; Investment in tokenized products.
4. 🏆 How can FinNexus goal be explained in layman’s terms? @iamthethirdkind
You can actually get a clue from the project’s name ‘FinNexus’. The name is quite straightforward. FinNexus is the combination of the words ‘Finance’ and ‘Nexus’. It means financial connections. I will explain that in 3 aspects:
  1. To asset owners
Finance here includes the ‘traditional’ and the ‘decentralized’ and traditional finance is only traditional compared to DeFi. Here FinNexus is aiming at providing a solution, which we call it a protocol, where one can link the traditional financial world with the blockchain technology in an efficient, transparent and feasible way. For example, one with assets that have good expected cash flows will find a way to easily tokenize the assets on FinNexus.
  1. To users FinNexus will act as a financial product supermarket. Right now, the DeFi world has a problem that almost all of the crypto assets or financial products bear the same systematic risks, which means when the Bitcoin price collapses, every kind will join the plummet and even the financial models will cease to be valid. One of the reasons is that all assets are purely crypto-born. Moreover, the crypto interface is not so easy for a nonprofessional to operate. FinNexus’ goal is to provide diversification and convenience with assets of real value. Users will be able to invest in assets with various risks and returns here, and can easily choose to their preferences like in a supermarket.
  2. FinNexus Itself
FinNexus is concentrating in the application level, with the help of the two initiators. It will not operate or manage assets directly and will act as a channel or a hub, where supplies and needs are paired, while in later stages, it will strive to build the protocols or standards for all of these tokenizations and transactions.
5. 🏆 What are tokenized digital assets in FinNexus? How is it different from current digital assets? @hg144
The FinNexus team have done researches on the tokenization of real world assets. Right now, only a few groups like the credit assets, supply chain finance or other sub-dividable beneficial rights seem most feasible. These tokenized products may bear characteristics like equities, debentures, derivatives or other beneficiary rights.
The noticeable differences lie in the nature of the products. The returns are from the cashflow of the real world assets, rather than mining, staking, speculating, etc. FinNexus combines the decentralized and centralized means. The tokens have advantages on chain, while the product design and disclosure draw lessons from traditional finance.
Apart from that, there will also be products totally on chain, triggered by smart contracts, like crypto futures, options, and ETFs, with user-friendly interfaces.
6. 🏆 What are the advantages and disadvantages of FinNexus when developing in a large market like China? Do you have plans to develop other regions? @hiampluto
Advantages:
(1) The blockchain industrial environment and public opinion guidance has changed since China’s President Xi Jinping recent announcement. The word blockchain has been mentioned in social media time and time again, and almost everyone is trying to find out what it is. President made it clear that the country would encourage enterprises applying the technology into real world scenarios.
(2) China has the largest population and made great technological progress over the last decade. Blockchain projects, communities, exchanges, token funds, medias, and other participants have established a complete and dynamic ecosystem. FinNexus is easy to access to these resources.
(3) Financial market in China has been making great progress, which provides FinNexus with adequate talents, financial products and potential users.
(4) The two initiators Wanchain and SuperAtom (incubated by Cheetah Mobile) are all based in China. They both give FinNexus big financial, human-power and community support, with minimum communication cost in the same city.
Disadvantages:
(1) Activities like ICOs or other forms of public fund-raising are still restricted;
(2) The government’s attitude towards the security-like tokens and tokenization is still not clear;
(3) Language and time zone discrepancy may cause difficulties.
FinNexus is aiming to build a global open finance protocol. Blockchain should be boundless, and so will be our users and assets. Our first product’s basic asset is in SE Asia. We are now building teams, grouping communities, and recruiting regional ambassadors. Also, we are making continuous and effective interactions with the global communities of Wanchain and Bitrue.
7. 🏆 FinNexus’s team consists of experienced and brilliant individuals. What made them to unite together and work in unison for the fulfilment of it and how does it act as an advantage compared to other projects in terms of brainstorming and guidance? @cryptollll
Though key members of FinNexus team seem to have different educational backgrounds or working experiences, we come together with the same beliefs and goals. The same purpose has united us together and after grinding-in over one and a half years, we are working together energetically and harmoniously, which provides a foundation for the success of FinNexus. It is not the first time we work together and we knew each other with for long time. The details of resumes are on the website.
8. 🏆 Many blockchain projects and companies focus on making very complex systems, say they will revolutionize the society, and help the unbanked. Since you work directly in the area, how realistic do you think such statements are? @lucbazanse
The team has been working together for more than a year already. FinNexus is a project at the layer 3 level in the blockchain system, targeting at the application usage. The team believes that no matter how innovative or revolutionary a new technology is, if it fails to be conveniently applied in everyday use or have efficient or cost-saving solutions to users, we cannot call it a successful technology.
Therefore, we will build our application on top of the successful public chains and concentrate in providing financially practical and risk diversified products and user friendly applications. We doubt that the unbanked can be helped by a complex system. Unbanked group of people usually exist in the less developed regions that lack basic infrastructure. They may not well educated or lack the basic understanding of the technology or even ideas of modern financial or banking system.
Therefore, the application is most important. A successful project should provide them with friendly interfaces and convenient accesses, aiming directly to their basic needs, no matter how complex or innovative the technology is. That’s what FinNexus is trying to do, to provide what is needed the most in a simple and understandable way.
9. 🏆 Which way you will offer token sale?
We create a new way of the token sales together with launching our products. FinNexus’ will issue its CFNC (convertible FNC), which gives holders the right to convert into ABT in the conversion period. The holders of ABT are eligible to the benefit with an annualized rate of return at over 10%. ABT is called the Asset Backed Token in general, in specific, the return of the token is backed by the consumer loan assets in Indonesia, with the originator SuperAtom, which is initiated by the NYSE listed company Cheetah Mobile, as the basic asset. It has a traditional hierarchical design and the ABT is the token in the senior tranche. The details will be disclosed in the Offering Circular on the FinNexus website later.
We strongly recommend the interested blockchainers to check the details on www.finnexus.io
10. 🏆 Can you tell more about road-map for future developments? @toanphamhd
In phase one, before the end of 2019 or early in 2020, FinNexus is introducing ICTO, combining the fund raising process with its products. Instruments with the essentials of ABT are likely to be one of the major products offered to users, with different systematic risks from the crypto assets. Before the first quarter of 2020, other products like the borrowing and lending, hedging, ETF and staking are likely to be issued, as well as the other schemes of the ABT products. FinNexus will also cooperate with at least three of the token exchanges, crypto wallets or other channels as the sale portals.
In phase two, before the end of 2020, FinNexus will search for the qualified assets globally and combine the blockchain technology with the real world application scenarios in vaster occasions. And FinNexus work with other mainnet projects to launch its new products and interactions with the chain tokens. Moreover, FinNexus will facilitate the trade of the ABT and other similar products on the OTC market. The experience of the traditional financial market shows that the OTC transactions of these products have even higher volume than the bidding mode in the exchanges.
In the third phase, in three years, FinNexus’ goal is to build an open finance protocol. This protocol is established on Layer 3, targeted on the application level. It will provide the basic standard for the tokenization and transaction for all types of assets, both in traditional finance and in the crypto world. All assets that provide future returns will be programmable with blockchain in the future and FinNexus is defining a protocol that provides the standards and convenience in realization. Different assets may apply to various requirements in details, but the common language lying in is what FinNexus is chasing for.
While in the coming days, we would expect 1) the release of the detailed conversion and subscription rules on the website; 2) the release of the ABT offering circular to give a detailed explanation on the risks and returns; 3) setting the timetable for offering and listing of FNC.

RUNNER UP QUESTIONS

11. What is the current development progress of the project, and when is the main online release? @btc4life76
The first product will be released together with ICTO process, details of which you may check on the FinNexus website. Right now, the product is under the final stage of development and the team are working on the necessary information disclosure materials and the design of tokens on Wanchain. The planned release time will be before the end of this year or early next year.
12. “What are the recent change in high-level strategy in product design and development? How will it help the #FinNexus to move further with the safest & fastest Blockchain technology?” @ahmetumit08
FinNexus is a project built on layer 3 and concentrates on technological application. ‘We are the portal to the users and we need to make it simple, convenient, understandable and transparent’.
The advantage does not lie in the sophistication of the underlying technology, but in the application level. To establish an Open Finance Protocol, FinNexus has to move earlier and faster than the others, and at present, it is the first in the industry to put forward this concept.
In product development, we will make each code be used in real use case and keep improving in practice. In the beginning, we will built a layer 3 for assets tokenization and distribution, fee and interests distribution, buying and withdrawing. Users (business users) do not need to connect public chains, but use our SDK or API to interact with different chains. Recently we are focusing on protocols with smart contracts that asset tokenization could be easily deployed by FNX layer 3. And then we will focus on the protocol of decentralized token distribution. That means anyone who wants to sell assets tokens in FinNexus only need to download our SDK or connect our API.
13. How many different types of assets can be expected in the first quarter of 2020 . What will be the jurisdiction of assets and how will FinNexus avoid people from holding assets from restricted jurisdictions? @anon
As a project incubated by SuperAtom, the UangMe assets will work as an initiator, and it has the potential of the amount of 100M USD. In the meantime, similar assets in Malaysia are under discussion. In addition, there will be other types of products the users may expect in the first quarter of 2020, like crypto borrowing and lending products, easy-operating crypto-currency derivatives, ETF products, staking related products, etc., and they are all under development right now.
We have a legal team that help us deal with the jurisdiction issues. We will monitor the changing legal environment around the main countries and regions. KYC procedures are necessary for avoiding investors from holding assets from restricted jurisdictions.
14. How FinNexus and Wanchain both can get benefitted using each others protocol? @salmanmbstu96
FinNexus is the layer 3 which can make users, especially business users, to use Wanchain easily in financial aspects. And FinNexus focuses on different assets, that could grant Wanchain with more applications to run. In most of financial scenarios, multi-coin will be used, so we can use the cross-chain protocol of Wanchain. If Wanchain protocol is like a highway road, FinNexus protocol is working as an assembly line.
15. What do you think about Defi Landscape right now? @paraphan1992
Now, many DeFi projects are limited to the products and applications with the pure crypto assets. They can be highly decentralized and automated, but is it enough?
1) Borrowing and Lending is the first natural DeFi application scenario and contributes to over 90% of the application scenarios. It cannot be everything about DeFi. The growth of the DeFi should be largely diversified to other assets and business models.
2) The risks in the DeFi world is similar, in other words, most of the DeFi models are facing the same systematic risks, which are with high risk and high expected return characteristics. In cases when the bitcoin collapses, every businesses and scenarios will be affected. This is not healthy. Tokens transactions with high risks and the relating credit activities cannot be the whole world of DeFi. FinNexus is trying to introduce financial products with different types and levels of risks and expected returns, to enrich the products desperately needed in the industry.
3) The DeFi applications are not so user-friendly. One has to take some time to learn how to deal with one decentralized product. FinNexus aims at providing something that is transparent with the information needed for the investors to make judgment while easy to handle.
Right now, Maker is trying to move to Multi-Collateral Dai (MCD), a big step to make the DeFi model richer and healthier. Also they introduce Dai Savings Rate (DSR), which may have the potential to be regarded as one of the standard rates. In the future, we may witness wider real world assets and application scenarios in DeFi and that is the path that DeFi is bound to follow.
16. Can FinNexus support smart contracts? @btc4life76
The answer is yes, smart contracts will play important roles in the FinNexus products. The first phase of products will be built on Wanchain and according to the ICTO rules, the ABT conversion and the future payment of principal and interest of ABT will all be supported by smart contracts. Again, for details of ICTO please check our website. In later phases ,we will develop other products based on ETH or other chains according to the users’ requirements and asset characteristics; and smart contracts will be richer and more diversified.
17. Why do we need DEFI? What is the new thing that DeFi bring to us? Was your project born for that? @oluap5773
A: The decentralized blockchain technology needs application scenarios, and the finance needs the innovative technology to solve its own problems, thus here comes the merge of the two.
Bitcoin brings the blockchain technology into our sight and until now, it has 70% of the total value of crypto assets. Bitcoin is born to facilitate the financial transactions and most of the project henceforth cannot be isolated from the financial fields. There is an inevitable bond since the birth of the technology, and finance is always the natural experimental field of blockchain.
The problem of information asymmetry is always puzzling investors and regulators. Most of the solution came from a centralized way from the authorities before, while the result was much diversified among regions. With the emergence of blockchain, it provides an alternative solution to this long-lasting issue. It is trustworthy, non-modifiable and self-proved. Moreover, it is bondless and anti-authorized, which can largely reduce the cost of international transactions while enhancing the efficiency. The technology is self-organized, decentralized and automated. DeFi has the potential to change the governance structure and investment behavior in the financial world.
Tens of years ago, the internet has brought finance efficiency and popularization. Today blockchain is about to change the financial system again. It introduces the participants into a new territory that is bondless, decentralized, trustworthy, and equal. It will largely decrease the cost of centralized supervision, the risk of information asymmetry and the barrier among economic entities. Many business formats will change concerning the technology, including the economic entities, governance authorities, market intermediaries, exchanges and the transaction behavior of investors. For example, in the future, it is expected that the basic bookkeeping of a business entity will be on blockchain, and all of the operational activities like procurement, production, sales, inventories, invoices, taxations, employments, etc., will be dealt with and recorded in a decentralized way. Therefore, the auditors’ jobs are shifting from the bookkeeping test of accuracy to the verification of the validity of the chain.
Of course, FinNexus is born to be part of the big change, and we strive to be one of the driving forces of the financial decentralization progress. The goal of FinNexus is to build an Open Finance Protocol. The protocol is like a channel or a standard, to allow all kinds of assets, whether decentralized or centralized, whether with characteristics of equity, debenture, derivative or other hybrid, to find its path towards tokenization with the blockchain technology. By maintaining the basic business logic and learning from the traditional financial model, FinNexus will combine with the advantages of the blockchain technology, to make investors truly benefit from decentralization.
18. Which target users does FinNexus aim to serve? Will its technology be easy for participants to use but still ensure open, transparent and equal way? @paraphan1992
FinNexus aims to serve those who know blockchain and have invested in crypto assets or DeFi products, those who know real world investment but little about blockchain, and those who know little about crypto assets or financial investment but interested in the blockchain technology and curious on the virtual assets.
The meaning of ‘Nexus’ has many parts, and one is to make connections with different market participants. FinNexus will work through protocols and try to act as a channel. In future stages, it will make connections with the OTC markets providing fiat and crypto currency exchanges. Through these protocols, non-crypto users will be able to invest in the FinNexus products.
As FinNexus is built on Layer 3, the protocol will be built combining the decentralized and centralized solution. User-friendliness is a must. By means of easy interfaces, full information disclosure and integrated protocols, users with various degree of knowledge and different risk tolerance are able to get their suitable investment, easily and transparently.
whether decentralization or centralization, are means not targets.
Openness, transparency and equality are necessary to lower credit risks in financial activities. The subscription, transaction, interaction and distribution of financial products will be on chain in a decentralized way, implemented by smart contracts; while the information disclosure, real assets collateral and basic assets operation will be off chain in a centralized way. FinNexus protocols will work to achieve such goals.
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Daily analysis of cryptocurrencies 20191121(Market index 30 — Fear state)

Daily analysis of cryptocurrencies 20191121(Market index 30 — Fear state)

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National Assembly Of South Korea Approves A New Amendment, Looses Conditions For Virtual Currency Exchanges To RunThe government affairs committee of the National Assembly of South Korea has just approved the amendment of the Act on Reporting and Use of Specified Financial Transaction Information, which covers the content of loosing the permissive conditions that are needed for virtual currency exchanges to operate in the country. Furthermore, the amendment also gives the green light to commercial banks, allowing them to provide bank account services to virtual currency exchanges. Currently, the commercial banks only provide the above-mentioned services to four virtual currency exchanges, namely Bithumb, UPbit, Korbit, and CoinOne. That is to say, exchanges which meet the requirements of the Financial Intelligence Unit (FIU) under the Financial Services Commission (FSC) will be able to provide clients with the legal fiat-to-crypto transactions.The approval of amendment means that the virtual currency industry, which has been in the “gray zone,” will be covered by the regulations. The amendment defines the virtual currency as a virtual asset, and the virtual currency exchange is defined as a Virtual Asset Service Provider (VASP). In addition, representatives of operating companies must report to the FIU, while undeclared providers will be punished in accordance with the law.
FATF Releases ‘Guidance For A Risk-Based Approach To Virtual Assets And Virtual Asset Service Providers’The Financial Action Task Force (FATF) released the “Guidance for a Risk-Based Approach to Virtual Assets and Virtual Asset Service Providers.” This guidance will help countries and virtual asset service providers understand their anti-money laundering and counter-terrorist financing obligations, and effectively implement the FATF’s requirements as they apply to this sector.
CannaCor Puts Forward Blockchain Solution For The Medicinal Cannabis IndustryWith the Medicinal Cannabis industry reaching unseen heights, many countries are moving towards a more flexible approach to the regulation of the industry. CannaCor is jumping ahead by offering a business structure capable of providing both, customers and regulators, of what they desperately need: a trustworthy company capable of providing real-time information in regards to the cultivation, processing, and shipping of their product.
German Government: Cryptos Are Not Allowed To Compete With Fiat CurrencyAccording to Xinhua News Agency, the German federal government issued a press release on Nov 20, stating that the government cabinet proposed at a digital conference held recently that it would not allow cryptocurrencies to compete with the national fiat currency.According to the press release, the emergence of Bitcoin triggered a wave of innovation in cryptocurrencies. The U.S.-based Facebook also announced the launch of the cryptocurrency Libra this year. After in-depth discussions within the cabinet, it is believed that cryptocurrencies such as Libra may undermine the status of banking and credit industries. Such currencies essentially provide banking services, but they are not banks, it said.
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In morning, we discussed the chances of a breakdown in bitcoin below the $8,000 support area against the US Dollar. BTC made an attempt correct above the $8,150 resistance, but it failed to gain traction and remained well below the 100 hourly simple moving average.
As a result, there was another bearish break below the $8,050 support. Moreover, morning’s bearish flag pattern was breached with support near $8,080 on the hourly chart of the BTC/USD pair.
Finally, the price declined below the $8,000 support and the last swing low. A new monthly low was formed near $7,828 and the price is currently correcting higher.
An immediate resistance for bitcoin is near the $7,920 level. It represents the 23.6% Fib retracement level of the recent decline from the $8,221 high to $7,828 low. The first key resistance on the upside is near the $8,000 level (the recent breakdown support).
Review previous articles: https://medium.com/@to.liuwen

Encrypted project calendar(November 21, 2019)

Cardano (ADA): and 2 others 21 November 2019 Meetup Netherlands (AMS) “This meetup is all about how to decentralize a blockchain, the problems and differences between Proof-of-Work and Proof-of-Stake…”Cappasity (CAPP): 21 November 2019 Virtuality Paris 2019 “Cappasity to demonstrate its solution for the interactive shopping experience at Virtuality Paris 2019.”Horizen (ZEN): 21 November 2019 Weekly Insider Team updates at 3:30 PM UTC/ 11:30 AM EDT: Engineering, Node network, Product/UX, Helpdesk, Legal, BD, Marketing, CEO Closing thoughts, AMA.OKB (OKB): 21 November 2019 OKEx Talks — Johannesburg “Join us the largest city of South Africa — Johannesburg where we will host our OKEx Talks on the 21st Nov.”IOST (IOST): 22 November 2019 Singapore Workshop Join the Institute of Blockchain for their 2nd IOST technical workshop in Singapore on 22 Nov 2019. The workshop includes IOST’s key tech.OKB (OKB): 22 November 2019 St. Petersberg Talks “Join us in St. Petersberg on 22 Nov as we answer your questions on Crypto Security. “NEM (XEM): 21 November 2019 SME Thought Leadership “SME Thought Leadership Series Forum #2” in Selangor, Malaysia from 8:30 AM — 2:30 PM.Stellar (XLM): 21 November 2019 NYC Meetup “Stellar Blockchain Meetup ft. FIC Network and Sam Conner’s Meridian Recap” in NYC from 6–8 PM.Waves (WAVES): 21 November 2019 Edinburgh Workshop “Next Thursday, we’re running a practical workshop on building DeFi products & designing Smart Contracts in your city!”

Encrypted project calendar(November 22, 2019)

IOST (IOST): 22 November 2019 Singapore Workshop Join the Institute of Blockchain for their 2nd IOST technical workshop in Singapore on 22 Nov 2019. The workshop includes IOST’s key techOKB (OKB): 22 November 2019 St. Petersberg Talks “Join us in St. Petersberg on 22 Nov as we answer your questions on Crypto Security. “Zenon (ZNN): 22 November 2019 Awareness Fund Payout “Distribution of the fund takes place every Friday until Pillars Lock-in Phase is completed.”

Encrypted project calendar(November 23, 2019)

Californium (CF) and 1 other: 23 November 2019 Greece Meetup “On November 23, the Greek #Cryptocurrency Community Meetup will take place in Greece!”

Encrypted project calendar(November 25, 2019)

0x (ZRX): 25 November 2019 0x V3 Proposal Live “The 0x v3 proposal was approved and will go live on Ethereum mainnet starting November 25th!”Dynamic Trading Rights (DTR): 25 November 2019 Chain Migration “On November 25 at 23:00 CET, TokensNet will make a migration of the $ELI token from Ethereum blockchain to Bitcoin Cash blockchain…”

Encrypted project calendar(November 27, 2019)

OKB (OKB): 27 November 2019 OKEx Cryptour Vinnytsia “Join us in Vinnytsia as we journey through Ukraine for our OKEx Cryptour!”Fetch.ai (FET): 27 November 2019 London Meetup “Join us on 27 November @primalbasehq to hear an exciting progress report as we prepare for the launch of our #mainnet”

Encrypted project calendar(November 28, 2019)

Horizen (ZEN): 28 November 2019 Weekly Insider Team updates at 3:30 PM UTC/ 11:30 AM EDT: Engineering, Node network, Product/UX, Helpdesk, Legal, BD, Marketing, CEO Closing thoughts, AMA.

Encrypted project calendar(November 29, 2019)

Zenon (ZNN): 29 November 2019 Awareness Fund Payout “Distribution of the fund takes place every Friday until Pillars Lock-in Phase is completed.”

Encrypted project calendar(November 30, 2019)

Ethos (ETHOS): 30 November 2019 (or earlier) Rebranding “In November, we unveil the broker token, a dynamic utility token to power our commission-free crypto trading and broker platform, Voyager.”Digitex Futures (DGTX): 30 November 2019 Public Testnet Launch “…We can expect to see the world’s first zero-commission futures trading platform live on the Ethereum public testnet from 30th November.”Monero (XMR): 30 November 2019 Protocol Upgrade “Preliminary information thread regarding the scheduled protocol upgrade of November 30.”Chiliz (CHZ): 30 November 2019 (or earlier) Fiat to CHZ Exchanges “We will add another two fiat to $CHZ exchanges in November…”Skrumble Network (SKM): 30 November 2019 (or earlier) P2P & Group Calling “P2P & Group Video Calling,” during November 2019.Aergo (AERGO): 30 November 2019 (or earlier) Mainnet 2.0 Upgrade Mainnet 2.0 Protocol update by end of November.Akropolis (AKRO): 30 November 2019 (or earlier) Beta Release “All functionality has been deployed to mainnet.”Nash Exchange (NEX): 30 November 2019 (or earlier) Mobile Strategy Phase 2 “Phase 2 of our mobile strategy will be live soon with our wallet and portfolio app hitting stores in November!”Akropolis (AKRO): 30 November 2019 (or earlier) Beta Release “All functionality has been deployed to mainnet.”Pakcoin (PAK): 30 November 2019 Staking Mobile App Android app for staklet is going to be launched on November 30th.

Encrypted project calendar(December 1, 2019)

Auxilium (AUX): 01 December 2019 AUX Interest Distribution Monthly interest distribution by Auxilium Interest Distribution Platform for coinholders. Also supports charity.I/O Coin (IOC): 01 December 2019 Pos Reward Halving IOC block reward halving is happening on December 1st 2019.

Encrypted project calendar(December 2, 2019)

Bitcoin (BTC): 02 December 2019 CME Futures BTCX19 Bitcoin Futures Contract (BTCX19) settles on December 02, 2019.Waves (WAVES): 02 December 2019 Waves Exchange Launch “As of November 18, users will be able to import their accounts and seed phrases, and, on December 2, the new exchange will be launched.”BZLCOIN (BZL): 02 December 2019 New Website New website and pre-launch “Patron”.Decentraland (MANA): 02 December 2019 Creator Contest “Announcing the Creator Contest, from Dec 2–15. Submit your most creative interactive scenes for a share of $50k USD worth of prizes up.”

Encrypted project calendar(December 3, 2019)

Aeternity (AE): 03 December 2019 Sofia, Bulgaria Meetup “Come hear @noyyy and @em introducing the project, followed by talks by Karol Skočik, Juraj Hlista, and Stephan Verbücheln.”

Encrypted project calendar(December 5, 2019)

***OKB (OKB):***05 December 2019 OKEx Cryptour Kyiv Ukr “Join us in Kyiv as we journey through Ukraine for our OKEx Cryptour!”

Encrypted project calendar(December 6, 2019)

TenX (PAY): 06 December 2019 COMIT Hackathon “The #hackathon will be held over the weekend of 6–8 Dec at the TenX HQ in Singapore.”

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Social Growth To Get Financial Success

Social Growth To Get Financial Success
Bitcoin is digital currencies not backed by real assets or tangible securities.
They are traded between consenting parties with no broker and tracked on digital ledgers...
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Social Growth To Get Financial Success
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Blockchain Mortgages Could Help The Impending Recession

Blockchain Mortgages Could Help The Impending Recession


Article by Forbes: Biser Dimitrov
Lately there’s been a lot of discussion about a potential new financial recession being at our doors. All the signs are already present, from the stock market being shaky and the US economy being sluggish, the European banks on a downtrend, the China and US trade war continuing to linger and the Federal Reserve cutting interest rates for the first time since the last financial crisis, then doing it again two-months later to the Repo markets interest rate spike.
Just a few weeks ago, the US Department of the Treasury announced the Housing Reform Plan” in which they want to place the government-sponsored Fannie Mae and Freddie Mac back into private hands. Fannie and Freddie, the two largest mortgage guarantee businesses and government sponsored enterprises (GSEs), were taken over during the 2008 housing crisis and have been government run ever since. All these events add up negatively as the impending recession is getting closer.
Today, there are many parallels that can be drawn between our current economic environment and the previous financial crisis, but there is also a significant differentiator. In the midst of the previous crisis a new technology had just surfaced and given rise to a wave of new financial markets and economic rules. Let’s face it, we live in a bitcoin and blockchain world now.
What could be done differently back then if we’d had blockchain and distributed ledger technology in place?
Today In: Money
We live in such a social media driven society that sentiment can be twisted seemingly overnight. Even Google recognized the spike in searches for the term “recession” in August.

Google Trends
So, can we trust software over humans when dealing with opaque and inefficient mortgage origination systems?
What would be the benefits of tokenized real estate and the issuance of digital mortgages or mortgage backed securities on a blockchain?
During the last few years, we have seen a significant change in the mortgage space. We have seen the rise of non-bank mortgage lenders in a field largely dominated by traditional banks. Those non-bank lenders are usually more flexible, offer better fees, and rely heavily on new smart and advanced technologies.

HOME MORTGAGE DISCLOSURE ACT, INSIDE MORTGAGE FINANCE
So, what are the current issues in the mortgage space? To start with, it is a heavily manual and paper intensive process which can take between 45 and 60 days. The average mortgage application is around 500 pages and can go up to 2000 pages. On top of that there are so many intermediaries (brokers, appraisers, attorneys, underwriters, agents and agencies) involved in the process and each of them adds 1–2% of the total property value as a cost to the real estate transaction.
In an environment like that a new blockchain and smart contracts process can thrive. For example, we can have the closing process almost entirely automated by smart contracts with minimal involvement from attorneys. We already have platforms like OpenLaw and Clause that present legally enforceable smart contracts and can automate similar processes.
Another area that could be explored is the 45 million Americans without credit score. Currently, this is an untapped market for the banks and one way that can be resolved by establishing a Digital Credit Score, this evolves around developing new methodologies to calculate a score based on the digital footprint and social signals of the individual. Having blockchain as the underlying record keeping technology will present an immutable and trustworthy record proof. The rise of the digital identity platforms that run on a blockchain will help with validating applicants’ identities on the blockchain immediately.
The nature of distributed ledger technology (DLT) allows for replicated copies of the on-chain data, according to the set privacy conditions and as much as the data regulations and Personally Identifiable Information (PII) rules allow it. Then, all the participating parties on that blockchain mortgage network could significantly reduce their shared mortgage origination risk and loan fraud.
I strongly believe in the tokenization of real-world assets. Until now, we see a myriad of financial assets like fiat currencies, shares, bonds and stocks being turned into their respective digital copies on a blockchain ledger. We already see live examples of digital securities in the financial services sector but the big opportunity is to tokenize real estate. To put this into perspective here is the real estate tokenization opportunity visualized.

Real Estate Global Market
When we have our real estate tokenized on a blockchain, the origination of digital mortgages will become the natural choice due to the greater visibility and increased liquidity of those assets.
Once we have tokenized real estate and digital mortgages that are originated on a blockchain, the issuance of mortgage backed securities on the same ledger will be seamless. One way of doing this is for the lender to issue a security token to de-risk and possibly make money. The other option is for borrowers to issue a token in order to raise capital for initially buying the asset.
The digital transformation caused by blockchain and DLT will have its impact on the mortgage industry, but it might take some time. We already see steps in that direction as startups are currently issuing $85 million in loan originations per month, but it will take years until the important participants like banks are fully onboard. One thing we know for sure, the sophistication that blockchain technology and smart contracts bring will lead to huge operational cost savings and the opening of new untapped markets.
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Cryptocurrency Trading & Investing Starter Guide

Cryptocurrency Trading & Investing Starter Guide
https://preview.redd.it/wbrcijv1who31.jpg?width=800&format=pjpg&auto=webp&s=41ed65a556c39c909db6be5d3d994ce6b23279ea
Introduction:
Cryptocurrencies are the cryptographically secured kind of digital currencies widely used in trading nowadays. Blockchain Technology is the method used that makes these currencies highly trustworthy and secured mainly because the digital ledger entries once made are irreversible. The market capitalization of Cryptocurrencies has reached 100 billion in just after 6 months since early 2017 from 15 billion dollars. Cryptocurrency is the currency of the future that is what people believe. Therefore for asset growth, people are now inclined towards investing and trading in cryptocurrencies.
Cryptocurrency Trading:
Cryptocurrency trading is done in 3 ways. Investors are buying and selling cryptocurrency with the help of their fiat currency; however, they can do the transaction through cryptocurrency itself if they have. Crypto to crypto is also available to trade through many exchanges. This kind of trading is available 24/7, which makes the cryptocurrency market more liquid and volatile.
Consequently, more traders are jumping into trading for hedging or speculation. Cryptocurrency is safe and secured in the digital form and transactions are protected with multilayers securities system, but it is always suggested to trade through legit cryptocurrency exchange as several exchanges exist in the market which may not be genuine. Finally, your wallet must be much protected, and there is a different kind of wallets available, and you may choose as per your requirement and safety major where you can keep your crypto assets as long as you want.
Investing Starter Guide:
  • To know-how market runs
The market runs with the active involvement of buyer and sellers, and thus price moves on. There are plentiful market participants who help to provide the liquidity for the smooth running of cryptocurrency transaction. Those are exchange, clearing & settlement institution, Brokers, and traders. These all have their role in the crypto market, and some miners help for solving the problem in case of bitcoin transaction.
  • To know legit broker and platform
There are various individuals or companies which try to provide cryptocurrency trading, but among those, most of them are fake, which attract customers with their Ponzi schemes. Therefore, you need to be very careful while choosing a broker or cryptocurrency exchanges. You should only go for authorized brokers or crypto exchange for avoiding any deceitful.
  • To know the transactional mechanism
Before deciding to start trading cryptocurrency, you must know all the fees for your trading pair or crypto coins and must be aware of all the hidden charges. Despite altogether these, you should ask the way of funding in and payout methods as well.
  • Risk involved
If you are choosing the trade with the leveraged market for cryptocurrency, then you must calculate the expected loss in case of adverse market scenario because that may go beyond your assumption as this is a very volatile market. You should have a readymade plan for such a situation to minimize the risk.
  • Method of exit or settlement
After buying the cryptocurrency, one can save cryptocurrency in your wallet as long as they want or they can choose to buy or sell to avail the price fluctuation speculative opportunity. It depends upon the investor’s way of a trading plan because someone may also keep for reinvesting or buying other things.
Conclusion:
Cryptocurrency trading is becoming popular day by day since inception due to various factors like security, safety, wider use, borderless acceptance. Since this is crypto trading which concerns about its security and legitimacy, thus you need to take intensive care for checking all the necessary points before coming into the crypto world. Investment in cryptocurrency may give good return within a period however you need to have adequate knowledge if you want to trade with margin trading and moreover, you must confirm shield twice regarding your wallets where you are supposed to store your cryptocurrency.
submitted by unicoindcx to u/unicoindcx [link] [comments]

Guy rates GVT an F due to these issues, thoughts on this review?

I'm copying and pasting his review here -
DISCLAIMER THIS IS NOT MY REVIEW:
Team: 13 Points - Team is full of software developers and tech experts, but no one with experience working on the blockchain to my satisfaction. The CEO claims to have experience working on the blockchain at QauntBrothers but I couldn’t verify this information. I can’t find any information on this company working on Ethereum or smart contracts, or the blockchain like the CEO claims. It’s also a rather small company with only 3 current employees on linkedin which the CEO only worked at for 9 months. Here is their website: http://www.quantbrothers.com/ Their Linkedin: https://www.linkedin.com/company/quantbrothers/
Also their advisors are too weak. They have a business management expert (very important) and a ton of finance/trading and investment experts. But no experts to advise on blockchain tech besides, Charlie Shrem and Konstantin Gladych (founder and CEO of Changelly). I will go into more detail about this later.
MVP: 10 Points - They have a demo you can download.
Ease of Research: 10 Points - Team had linkedin profiles, were easy to research. White Paper, roadmap, and relevant social media links were well laid out.
Solves an Important problem: 10 Points - Yes, there this is a large issue of trust in the asset management market. Especially on a global scale. GVT seeks to use the immutability of blockchain to create a brokerage platform build on trust.
Does it need a blockchain: 10 Points - Yes, the immutability of the blockchain is where the trust comes from.
Token Use: 5 Points - “GVT is an internal currency of Genesis Vision platform and will be used for all investment operations and profit distributions.” I’m not convinced that the function of the gvt token couldn’t be fulfilled by ETH. However the GVT token is integrated into the platform and is necessary for pretty much everything. But based on the usage I think it can be an unnecessary extra step in some of the processes. The GVT token is used for the broker’s investment operations, for payouts, and to buy broker cryptocurrenies. The GVT token seems like an unnecessary middle man in an already complicated enough process.
Roadmap: 0 Points - Their roadmap looks atrocious. It’s very hard to read and needs to be redesigned.
Presentation: 0 Points - This project is horrible presented. It took me forever to even figure out what they do, let alone the actual size of the problem they were trying to solve. Their Youtube video is pretty much all fluff and platitudes. There is information overload on that video and it doesn’t really even tell me anything. Gives me a vague idea of the problem and introduces GVT as the solution but those who don’t already have a solid grasp of the asset management market wouldn’t really understand it. They have a huge problem with communication and marketing and honestly their marketing team needs to be fired.
Token Vesting: 2 Points - Their vesting period is only 1 year long. Considering the factors I’m going to go into in value/redflags, this is nowhere near enough.
Competition: 5 Points - Covesting and coindash are used to trade cryptocurrenies while GVT is for cryptocurreny AND non-crypto trading. They will still compete for a portion of the same market. People will have only so much fiat to invest.
Community: 4 Bonus Points - 42% on coin gecko. AVerage is around 50 Percent.
Supply/Scarcity: 3 Points - All onsold tokens were burned during ICO. They had 44M tokens available during ICO but only sold about 4M. This makes me believe that they didn’t create much demand. Everyone who wanted GVT got it.
Active use on the market: 0 Points - May adjust with their alpha launch in on April 1st. But they admitted that this will only be a prototype. Their full platform won’t be available until Jan 1st 2019. Will adjust this later if their alpha is used enough to our liking.
Best in Field: 10 bonus Points - While GVt does have competitors for crypto trading, there are no competitors for non-crypto trading in the crypto space.
Development: 0 Bonus Points - Only 15% development. 60% is the average.
Redflags: -20 Points - One of GVT’s main advisors that they mention over and over again is Charlie Shrem. Charlie Shrem went to jail for money laundering through bitcoin. He failed to honor his agreements and pay people back money they lent him. He backstabbed his friends and partners, and scammed the Dash community by not using the money they gave him to help build a dash credit card. Links to proof below. Another shady advisor is the CEO of Changelly, Konstantin Gladych. There are many horror stories about the scammy nature of Changelly. They usually only respond and fix the issues (in a timely manner) they cause when someone calls them out on social media.
The main draw of GVT is assuring the consumer that GVT is a platform you can trust with brokers you can trust, with a team you can trust to deliver. To me, this is tossed into question when their main advisors are people with, to put it kindly, questionable trustworthiness.
This is compounded by the fact that they only have a 1 year vesting period and their full platform doesn’t roll out until January 1st. 2019. They have a long way to go and a lot to do, a lot of partners still need to be secured. There are many ways in which this project can succeed or fail and as it stands they aren’t, to me, exactly building trust with such a short lock up. For a project of this scale I’d want a 2 year lock up at minimum, 3 years ideally. Other coins have this, like Civic, GVT can too.
Charlie Schrem backstabs partners - https://www.reddit.com/btc/comments/6q6zmm/roger_ver_on_twitter_charlieshrem_how_does_it/
Charlie Schrem doesn’t pay back his debts - https://bitcointalk.org/index.php?topic=817069.320
Charlie Schrem bails on promises to produce and provide updates on Dash Debit card https://www.reddit.com/dashpay/comments/7no9tg/what_happened_to_charlie_shrems_debit_card/
Value of Idea: 7 Points - GVT is a very ambitious project with good ideas. I’d even say it’s an amazing idea with large potential. But this also means there will be a huge pressure on the team to deliver on the roadmap, tech, secure partnerships, adhere to government regulations, and keep a steady supply of funding. Most startups with good ideas fail. Here are my main concerns.
  1. The team lacks the experience of a full time business manager. I think this is exemplified in their development score, marketing campaign, and their choice of advisors. They have the CEO of “Tools for brokers” on their team, and is even using “Tools’ for brokers’ resources, tech, and potential client base as a kickstarter for the GVT project. But I’m not impressed by Tools for brokers. It seems like they are using their relationship with Tools for brokers as a crutch and I think that’s a bad idea. Here’s why.
I found surprisingly little information on the company “Tools for Brokers” which GVT is using as a reference and partner. Tools for brokers has been around since 2009 and only has 21 employees and 300 customers. Not exactly something to write home about. Here is a link to their linkedin profile. https://www.linkedin.com/company/tools-for-brokers/
“Tools for brokers” has only 209 followers in linkedin. Even Gensis Vision, which has only been around since last year, has 341 followers. GVT is even using Tools for brokers’ “ready codebase solutions.” So at least some of their technology is coming from a centralized company which, as laid out above, wasn’t that popular to begin with. GVT isn’t exactly inspiring confidence with this admission. More in this article about GVT explaining their low development score: https://blog.genesis.vision/genesis-vision-further-plans-a9069cd34eed
  1. The article above attempts to explain away why their ICO performed so poorly in terms of acquiring funds and investors. I think this article speaks badly to the team's ability to adapt and take criticism. They even reference their advisors as a metric for their success. Advisors we know to be shady. The market spoke, and it doesn’t seem like the GVT team listened. This is why having an experienced business manager and good marketing team would be so important. The existence of this article highlights their lack of both.
  2. Lets talk about their marketing. As stated before, it’s atrocious. They don’t seem to know how to sell their product, present their product’s value, or even really present in an efficient manner what their product does in a way that the laymon, most people, would understand. I also think that their marketing is going in the wrong direction. Let me explain.
GVT seeks to solve the problem of trust with Asset managers and financial advisors. They seek this by making the performance of brokers (the people trading stocks and cryptos) transparent. The reason this is important is because it’s quite easy for brokerage firms to give out false information on their performance. And it’s very difficult if not impossible to get effective regulation. Not only that, it is arduous and expensive for brokers to comply with regulations. But when we take this to a global scale, less developed countries have little to no regulations, allowing for larger scales of exploitation of investors which lead to millions of dollars lost a year. There have been many high profile cases of pansi schemes and general “Securities fraud.” This has lead to a general distrust of the asset management industry. Especially since there are so many incentives for asset managers and brokerage firms to hide data and act against the best interest of their customers.
The problem with the GVT platform is that it’s not really built for the layman to go to a place and have their assets managed. It takes a lot of knowledge that most people don’t have. Most people won’t have the time to properly research successful brokers and adapt to market changes. This platform is more built for traders. So I think GVT’s marketing is all wrong. People who like trading will come here, not so much people who want their assets managed. The people, (most people) who want their assets managed would probably need some kind of third party to manage their assets. Those asset managers will and could then probably advertise themselves as someone who uses the GVT platform in order to gain trust with their clients. But then the problem of “can you trust that third party” arises again. So the marketing of GVT is really confusing and unfocused.
  1. The team also needs to hire at least one person with proven experience working on the blockchain and not make excuses for their development score. I’m sure their team is competent at making code, but that’s not all you need to run a successful business.
submitted by whatnow57 to genesisvision [link] [comments]

Gemini Heads Down Under With Crypto Exchange Launch in Australia

Gemini Heads Down Under With Crypto Exchange Launch in Australia

https://preview.redd.it/v4hm55zksxh31.png?width=860&format=png&auto=webp&s=e986d242369b0883358bb89ad3f9790a489eafe4
Cryptocurrency exchange Gemini announced Wednesday that it is officially opening its doors to customers in Australia.
The exchange’s fifth international move, the development means that Australian users can buy and sell five cryptocurrencies on Gemini including bitcoin, bitcoin cash, ethereum, litecoin, and zcash. The startup, founded by investors Tyler and Cameron Winklevoss, is also making available its iOS and Android application to this market.
The U.S.-based Gemini also operates internationally in Canada, South Korea, Hong Kong, Singapore, and the UK.
Speaking on the launch, co-founder and CEO Tyler Winklevoss said Gemini is looking forward to building its “Crypto Needs Rules” brand to Australia:
“We are thrilled to continue expanding our global footprint and give Aussies a safe and trustworthy cryptocurrency experience. We founded Gemini to build trust in this nascent technology and we look forward to building that trust in Australia.”
Gemini made news earlier this week by adding cybersecurity expert David Damato to its executive team as chief security officer. Damato joins Gemini with 20 years of experience in cybersecurity.
As CoinDesk reported earlier this year, Gemini is looking to expand beyond the trade of cryptocurrencies as well. At the time, CoinDesk learned that Gemini would apply for a broker-dealer license from the Financial Industry Regulatory Authority, the organization that regulates the industry in the U.S.
Image via Shutterstock.
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
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Tether launches Blockstream's Stablecoin

Tether launches Blockstream's Stablecoin
The major Bitcoin and Blockchain solutions supplier, the Blockstream and Tether companies have launched Stablecoin USDT in the Liquid Network.
https://preview.redd.it/d98irnpzwsd31.png?width=668&format=png&auto=webp&s=2a4e906b0b54fe78f00fd0710328f549de596ef1
As said in the Blockstream blog, thanks to this step, participants will be able to make secure and fast payments by using Confidential Transactions technology. Also, traders and investors will have an opportunity to carry out automatic swaps between Liquid BTC and Stablecoin and will be able to replenish their exchange USDT wallets more quickly.
The liquid is a federated side coin of Bitcoin, functioning as a settlement and payment network for cryptocurrency exchanges, market makers, brokers, and other financial institutions.
Atomic swaps are the operations of exchanging one cryptocurrency for another, which can be implemented instantly without having to rely on a trustworthy third party represented by the exchange or exchange platform. As a result, control over the transaction is carried out exclusively by the parties involved in it.
The input and output of Liquid USD are already available on the Bitfinex exchange. The support for other trading platforms (such as OKEx, OKCoin, Sideshift AI, RenrenBit, BTSE, and BTCTrader / BtcTurk) will soon be available.
According to the developers, the Blockstream Green wallet is suitable for storing liquid USD. They also going to add support for a new asset to Trezor hardware wallets.
The information above cannot be considered as investment advice and past results do not indicate future performance.
\*Investors should have experience and understand the risks of losing all the initial investment.)
submitted by Oinvest1 to u/Oinvest1 [link] [comments]

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