Bitcoin Cash Up As Original Chain’s Price Recedes 138

The fork of Bitcoin from August 2017 known as Bitcoin Cash (BCH) surged over 30% on Friday according to industry price analysts at Coinmarketcap. This corresponded with a marked drop in the price of the original Bitcoin’s (BTC) price to its lowest point since the start of November. Analysts are attributing the redistribution to the failed Segwit2x fork which was scheduled later this month. However, interestingly there seems a lack of consensus as to why traders are moving from BTC to BCH.

Some believe that it’s simply a matter of those traders who were holding Bitcoin to receive a dividend of new coins like what happened in August selling and moving back into various altcoins. Looking at the sea of green over Coinmarketcap immediately following the decision would suggest there’s a fair bit of truth in their opinion too. For them, part of the huge run up in price was caused by people buying in to get free coins. Now that there are no new coins, the money is flowing elsewhere. Chris Burniske, author of Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond believes this to be the case. He told CNBC:

You can see people playing back and forth between bitcoin and bitcoin cash trading depending on where they think near-term catalysts may be. It’s been a battle of investors versus traders that were stockpiling bitcoin to get their ‘bitcoin2x dividend’.

However, not all see it like this. There are some analysts who interpret the shift towards Bitcoin Cash as a belief in that version of the code, rather than the original – known in the industry as Bitcoin Core. For proponents of BCH like Roger Ver, the use of bigger blocks as a scaling method are closer to Satoshi Nakamoto’s original vision. Second layer scaling solutions like Segwit are not in line with the whitepaper which the mysterious Nakamoto published before disappearing early in the life of Bitcoin.

For those like director of XTB, Joshua Raymond, Segwit2x was an important step towards scaling the chain to be able to handle more transactions per second. More pragmatic than many of the hard coding, computer science-orientation anti-Segwit2x crowd, Raymond told Business Insider:

Everyone was hoping the Segwit2x would address this [transaction cost and time] but unfortunately, the delay due to a lack of consensus on the mechanics has affected confidence. Confidence on transaction speed in Bitcoin has deteriorated significantly in recent months. As Bitcoin Cash enjoys much faster transaction speeds, we have started to see a recycling of positions out of Bitcoin into Bitcoin Cash as a consequence.

For now, it’s unclear which interpretation of the numbers holds most truth. However, what is curious is that today, many alt coins like ETH and NEO are in the red as Bitcoin Cash moves higher. This casts doubt over the thesis that Bitcoin’s decline is simply down to people selling their BTC positions because there’s no longer a free dividend up for grabs. The negative growth of the rest of the market combined with the speed that BCH is rising suggests something more monumental might be afoot.

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WooCommerce and DePay Partner to Bring Web3 Payments to Online Merchants 2254

Swiss Web3 payment startup DePay today announced that they are joining forces with the self-hostable, open-source eCommerce plugin WooCommerce, pushing decentralization further and providing merchants with the ability to have customers send payments directly to their own wallets with tens of thousands of accepted tokens on supported blockchains with on-the-fly conversion.

“DePay makes Web3 and crypto payments as straightforward as possible for merchants and their customers, without requiring a custodial approach,” said David Lockie, Web3 Lead at Automattic. “We wanted to offer WooCommerce merchants a wide range of crypto payment providers, and were instantly impressed by DePay’s flexibility across chains and coins, as well as their focus on a great user experience for all parties.”

“WooCommerce is the best way for merchants to run their shops without intermediaries. With the launch of DePay Payments for WooCommerce, this now also applies to payments.”, said Sebastian Pape, Founder of DePay.

The mechanism of blockchain transactions is inherently peer-to-peer and decentralized. Nevertheless, most of today’s established Crypto Payment solutions manage wallets for their customers, embedding a decentralized technology into centralized structures. As a result, the buyers pay intermediaries who credit the merchant’s account after processing each payment. Merchants then need to request the withdrawal of their funds as opposed to receiving the payments directly into their wallet.

Aiming for a paradigm shift, DePay establishes a new model by using decentralized finance (DeFi) to enable any-to-anything payment conversions managed by smart contracts, allowing merchants to receive all incoming payments in real-time.

WooCommerce and its parent company Automattic are strong partners for DePay thanks to their mission to drive decentralization further. We share their goal of democratizing commerce by removing barriers to entry based on income, gender, and geography.

The benefits for Woo merchants include:

  • Instant Cashflow: Received payments are settled and available for the merchants in real-time.
  • Automatic Conversion: Tokens are automatically converted (e.g. to stablecoins) as part of the payment transaction.
  • Unmatched token acceptance: By using DeFi, DePay grows the amount of accepted tokens by a hundredfold.

About DePay

DePay pioneers Web3 Payments with the power of DeFi. Driving mass adoption of blockchain-based payments, DePay merges the core ideas of decentralization and interoperability with state-of-the-art Web3 technologies.

OSIS Raises Millions Of Dollars In 2022 As The Platform Aims To Make Web3 More Accessible 2345

Ever since the crypto industry really came into its own, there has been an increasing demand for tokenization. Realizing this, the OSIS team set forth on a financial revolution that is bringing the world closer to a tokenized economy through education, tokenization, and a slew of user-friendly products that make Web3 accessible to the average person.

What does OSIS do?

OSIS is a feature-rich platform co-founded by Jalal Ibrahimi and Chris Goma. It focuses on providing users with all of the tools they need to begin their Web3 journey. These tools include the OSIS Core, the OSIS Exchange, the OSIS Tokenizer, and OSIS University. OSIS also has more than 120,000 members and has active communities across a variety of platforms including Telegram, Twitter, OpenSea, Discord, Instagram, Medium, YouTube, and more.

OSIS Core Wallet equips the everyday user with the necessary resources to interact with the blockchain world. Crypto wallets are a critical component to Web3, but are difficult to use and unsafe for non-technical people. With the OSIS Core wallet you now have a safer, faster, and simpler way to navigate Web3.

OSIS Exchange is a decentralized exchange (DEX) for trading and exchanging cryptocurrency coins and tokens, entirely curated by its community via votes using OSIS and MetaBadges. OSIS Tokenizer is the world’s first no-code tokenization platform, allowing anyone to create a token (currency) or NFT collection in minutes. Last but not least, OSIS University provides educational resources about Web3 and all it entails.

What value does OSIS provide?

‘OSIS‘ is a utility token and the first platform to use tokenization in all of its operations on a large scale. It is hence the utility token that powers the education, tokenization, and exchange ecosystems, allowing users to create their own NFTs and tokens.

As this is a platform that allows users to create tokens without writing any code, OSIS also acts as the official currency which underpins an exchange that the team is developing for those who want to tokenize their business. As a result, OSIS makes it easier for anyone to enter and monetize the Web3 space.

OSIS has so far raised $1.2 million, with the next fundraising target set at $10 million which will be used to issue a crypto debit card that will allow users to build their credit in partnership with VISA & CoinCare Group. In addition, the $10 million will be used to launch the OSIS Exchange, which will host all tokenized projects from the platform. The platform also generated over a million dollars in a private round from the community and was even featured in Forbes.

Moreover, the team plans to expand OSIS Launchpad, which is the tokenization platform, to become a global standard and disrupt all Web2 industries which will lead to Web3 being adopted by the masses.

Why does this matter?

Given that fiat currencies are actively failing, having the ability to easily and effectively tokenize one’s assets would be a great fit in any bearish or bullish market. To that end, OSIS has previously collaborated with a leading crypto consultancy firm known as The Crypto Launchpad, as well as Bitmart, Galileo, Metropolitan Commercial Bank of New York, and Ethos.

Furthermore, as part of a collaboration with Unstoppable Domains, OSIS intends to offer Web3 domain names. Web3 domains are human-readable, censorship-resistant, and enable users to send and receive cryptocurrency instead of a standard crypto address.

The integration of OSIS with CoinCare will allow users to buy products and services in both fiat and digital currencies. OSIS’ sister company, CoinCare Group, is owned by the same founders.

Overall, OSIS intends to democratize today’s centralized socio-economic global infrastructure by providing users with the tools they need to begin building on Web3, an ecosystem that eliminates the need for intermediaries and centralized corporations and concentrates on providing what is best for the user, which is the core essence of DeFi.

About OSIS

OSIS is a decentralized blockchain launchpad which empowers anyone to transition from Web2 to Web3. It is the first platform that allows users to tokenize anything at scale, including businesses, brands, and even careers. Its primary goal is to not only make Web3 increasingly accessible to everyone, but to also educate people about the topic. With OSIS, users have the fastest, easiest, cheapest and most accessible tokenization platform in the world which can empower anyone to tokenize their assets or business in minutes.

So far, over 2,000 MetaBadge NFTs, which are premium memberships in the OSIS ecosystem, have been sold by OSIS. It is also a significant sponsor of the BlockchainLand Conference. Future goals include public listings on top tier exchanges in 2023, launching the OSIS Core Wallet and the OSIS Exchange.

Put simply, the OSIS ecosystem thus contains everything one may need to begin their Web3 journey and capitalize on the tokenization revolution. Be sure to check out the official website, whitepaper, and the aforementioned socials for more information and regular updates.

WeSendit 3.0: The Web3 data storage revolution from Switzerland 2985

Swiss data transfer company is “the first gateway to the world of decentralized networks.” Its new platform, WeSendit 3.0, supported by the new WeSendit token (WSI), will harness the power of the blockchain and offer users the “safest, easiest and most reliable data transfer ever.” Here is everything you need to know about a project that has been gaining momentum recently.

Who is WeSendit?

With more than 3.5 million users from 150 countries and over 10 years of experience, WeSendit is an established player in the world of file transfer and storage. The company is based in Zug, the “Swiss Crypto Valley.” Clients include global players such as Meta (Facebook), Nike, Disney, DreamWorks and Red Bull.

Since its foundation, 2.85 billion data records have been processed through the company’s platform. WeSendit has learned what users expect from a first-class file transfer and storage service. The company is now using this knowledge to develop WeSendit 3.0 and make the seminal leap into the world of Web3.

The founder and CEO and his team have been working on blockchain-related projects for years. Herbst has formed a talented international group of experienced crypto experts, developers, economists and marketing specialists.

Which solution does WeSendit offer its users?

The company is rooted in the traditional Swiss values of privacy, reliability and stability and seeks to translate these values into the new world of Web3.

With the importance of data transfer growing year after year, WeSendit believes that it is time for a solution that is not just for experts, but for the general public. Its goal is to become the world’s first and user-friendliest gateway to the world of decentralized file transfer and storage solutions.

How does WeSendit plan to achieve its goals?

As a Web3 aggregator, WeSendit will provide interfaces that show on-chain data and allow users to interact with smart contracts from multiple platforms, such as Sia, Filecoin, Storj or Skynet.

The data transfer pioneers can also count on the support of Crypto Valley Switzerland and the Swiss Chamber of Commerce.

Two elements build the core of WeSendit’s move into Web3: WeSendit 3.0 and the WSI token.

WeSendit 3.0 — The platform

Core elements of WeSendit 3.0 include:

  • Data security: Through state-of-the-art encryption;
  • Geo-redundant storage: Data storage across the world;
  • Privacy protection: Anonymous data checks through a blockchain consortium network and no third-party access;
  • Simple data management: Easier overview, management and collaboration with others;
  • Backup and restore: No more single points of failure.

Further highlights include:

  • Pay as you go: Users only use and pay for the services they really need;
  • Branding channel: Companies can present their data transfer and storage in their own corporate design;
  • File management: Easier management and archiving of files;
  • Paid downloads: Users can offer paid downloads and sell their products;
  • Ads manager: Easily reach potential customers with customized ads on WeSendit.

WeSendit 3.0 will follow a hybrid approach with a modular infrastructure. The various features will form a unified interface based on dynamic technical building blocks that are perfectly suited for rapid scaling.

WSI — The WeSendit token

The WeSendit utility token (WSI) is based on the BNB Smart Chain (BEP-20). It is the central element of WeSendit 3.0 and offers a variety of functions and benefits:

  • Use of digital products and services within the WeSendit 3.0 ecosystem;
  • Lower and simplified fee structures in comparison to traditional mechanisms;
  • Activity rewards for using the new services;
  • Referral program incentives for users;
  • Generate passive income through staking;
  • Trade and swap with other crypto assets.

What makes WeSendit’s solution so promising?

WeSendit’s ambitious Web3 project comes at a time in which data transfer and storage are becoming more important than ever.

The German statistical company Statista expects global file-sharing storage consumption to grow from 175,000 to 700,000 terabytes within just a few years. Storage consumption per user is also expected to grow significantly.

The company will position itself as a combined managed file transfer and sharing/application specialist in decentralized data processing solutions.

WeSendit 3.0 will fill a gap in the market at a time in which more and more organizations are willing to implement alternative data storage solutions. These factors, in combination with WeSendit’s potential for rapid scaling, could enable the company to secure a disproportionate market share in the near future.

Outlook: What’s next for WeSendit?

WeSendit is dedicated to developing a solution that will help users benefit from the full potential of decentralized networks. While its developers are working on the groundbreaking features of the new platform, the team is preparing for a public listing on PancakeSwap on Dec. 1, 2022, at 8 pm CET.

Visit wesendit.io for more information on the project.

BOSagora Completes the Development of Its Mainnet… Starts to Recruit Node Operators 3241

The BOSagora Foundation declared on November 10 that it has completed its own Agora Mainnet development project and is now recruiting note operators.

As the BOSagora Network, a “Everyday Blockchain Platform” specializing in connecting real-world businesses, completes its Agora Mainnet, countless DApps related to everyday life can take part in the network. Through this, it is possible to realize an X-to-Earn (X2E) ecosystem that rewards specific activities, such as Move-to-Earn (M2E) and Play-to-Earn (P2E), which are the most active among others.

Agora Mainnet is a decentralized and self-evolving public blockchain network based on smart contracts and Congress Network, a decision-making system within blockchain.

Congress Network is the decision-making body of Agora Mainnet that resolves governance problems that may occur within decentralized organizations. Anyone can join the network by depositing 40,000 BOAs and operating a validator node at a stable network speed. Congress Network complies with the “one vote, one validator” principle which activates the DAO so that all validators are given equal rights.

Once Agora Mainnet is activated, any participant can propose a project that may benefit the network ecosystem. Projects selected in Congress Network, the decision-making body, can receive support for project development through Commons Budget, a public budget.

BOSagora has developed the Votera application to provide a fair and transparent decision-making process in Congress Network. By storing decision-making data in blocks, Votera guarantees transparency and clarifies responsibility.

To keep Votera confidential, the hash of the voting data for data verification is stored in blocks for the duration of the voting period. Once the voting period ends, the voting data are recorded in the blocks to be used to verify the data. In addition, for the sake of the transparency of voting, data on discussion and pre-evaluation are stored on a separate server so that all participants can view them anytime.

After the completion of the Agora Mainnet development, the foundation has set out to hire node operators. Node operators can receive rewards for operating nodes when the Mainnet is activated in January 2023. For details related to node operation, refer to the BOSagora website and the official community.

In addition, in time for the completion of developing Agora Mainnet, the website and whitepaper have been completely renovated so that participants in the network can participate more easily and conveniently.

Europe’s most influential blockchain and crypto event returns to Barcelona 3327

After seven highly successful events, European Blockchain Convention 2023 is ready to be held again on Feb. 15 to 17 at the five-star hotel, Hyatt Regency Barcelona. The event will welcome more than 3,000 attendees at what will be the largest edition since the event was launched in 2018.

Bringing together startups, investors, developers, industry experts and global media, the event will once again be the annual meeting point of the industry in Europe.

The three-day event will feature more than 200 exceptional industry experts across a variety of panels, keynotes, workshops and fireside chats. Confirmed speakers include:

  • Tim Grant — head of EMEA at Galaxy Digital
  • Stani Kulechov — founder and CEO of AAVE
  • Emma Lovett — markets DLT, executive director at JPMorgan Chase
  • Dotun Rominiyi — director of emerging technology at London Stock Exchange
  • Matteo Melani — NFT engineering manager at Meta
  • Joshua Ashley Klayman — head of blockchain and digital assets at Linklaters
  • Marc Schaumburg — executive producer at Sony Pictures Entertainment
  • Teana Baker-Taylor — vice president of policy and regulatory strategy for U.K. and EU at Circle
  • Matus Steis — token design lead at Outlier Ventures
  • Francisco Maroto — blockchain lead at BBVA
  • Nadia Filali — head of blockchain programs at Caisse des Depots
  • Coty de Monteverde — blockchain center of excellence director at Banco Santander
  • Emma Landriault — blockchain and digital asset product lead at Scotiabank
  • Laurent Marochini — head of innovation at Societe Generale’s securities services
  • Chia Jeng Yang — investor at Pantera Capital

Victoria Gago, the founder of European Blockchain Convention said: “After selling out tickets and sponsorships two weeks before EBC22, we are delighted to be back in the city for an even bigger and better event. EBC23 will be held across three stages, with more than 100 sessions on institutional crypto adoption, crypto investing for institutions, DeFi, crypto derivatives, stablecoins, tokenization, issuance of digital assets, regulation, building Web3, custody and wallets, Metaverse and gaming, among others. EBC23 will have a 2,000-square-meter exhibition area where attendees will network with the biggest players in the space. After sundown, visitors can roll up their sleeves and network, accompanied by a DJ and some drinks.”

About European Blockchain Convention

Renowned by many as the most influential blockchain event in Europe, European Blockchain Convention is the annual meeting point for entrepreneurs, investors, developers, corporates and global media in Europe.

EBC was born in 2018 in Barcelona with the mission to inform, educate and connect the global blockchain community.

Clarivate Partners with IPwe to Enhance AI and Blockchain Patent Solutions 3466

Clarivate Plc (NYSE:CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, today announced a strategic partnership with IPwe Inc., a leader in blockchain technology that provides smart solutions for the management of intangible assets through data-driven recommendations. The vision of this partnership is to enable Clarivate and IPwe customers to accelerate innovation through accessing uniquely curated patent data from Clarivate within IPwe’s artificial intelligence (AI), predictive analytics, and blockchain technology platform.

AI and Blockchain are transforming innovation for business leaders from patent offices, enterprises of all sizes, and universities. Through this strategic partnership, Clarivate will provide its world-leading patent data set to enable IPwe to further strengthen its next-generation AI and blockchain solutions for the digital transformation of IP. Combining best-in-class datasets from Clarivate with IPwe’s Smart Intangible Asset Management platform, this partnership will allow customers to validate their patent portfolio, acting as a single source of truth for data related to these critical assets.

IPwe is creating NFTs and tokenizing patents and other intangible assets into digital assets. The tokenization of intellectual property makes it easier to track, license, commercialize and transact, with verified information, less transactional friction and greater transparency that will encourage adoption and commercial opportunity. Combined with the power of Clarivate data to facilitate innovative blockchain solutions, IPwe will help enhance data accuracy and facilitate the growth of the global IP transaction market.

Gordon Samson, Chief Product Officer of Clarivate, said: “The IP industry is undergoing a tremendous digital transformation and blockchain will play a critical role in this shift. IPwe is leading the way when it comes to blockchain technology around smart intangible asset management. At Clarivate, we are committed to continual innovation and we are very excited to partner with IPwe to offer full transparency in patent identification and ownership, supporting the next generation of IP management.”

“Our partnership with Clarivate powers our Smart Intangible Asset Management platform with what we believe is the largest, best and most reliable curated intellectual property database in the world. This will enable us to access robust data sets that will power IPwe solutions that our customers can then utilize, providing greater transparency, transactional efficiency and enhanced commercial opportunity. Leveraging Clarivate’s data sets and IPwe’s technology is game changing for the IP ecosystem and innovation business leaders,” said Erich Spangenberg, CEO of IPwe.

About Clarivate

Clarivate™ is a global leader in providing solutions to accelerate the pace of innovation. Our bold mission is to help customers solve some of the world’s most complex problems by providing actionable information and insights that reduce the time from new ideas to life-changing inventions in the areas of Academia & Government, Life Sciences & Healthcare, Professional Services and Consumer Goods, Manufacturing & Technology. We help customers discover, protect and commercialize their inventions using our trusted subscription and technology-based solutions coupled with deep domain expertise. For more information, please visit clarivate.com.

About IPwe

Founded in 2018, IPwe is a global platform leveraging the power of artificial intelligence and blockchain technology around smart intangible asset management. IPwe is expanding traditional IP markets by increasing transparency with clear and verifiable metrics to lower costs and enhance value and returns. Through IPwe, everyone from startups to large enterprises, business and financial executives to IP experts, can collaborate on a business, technical, legal, or financial level to enhance efficiency, value, opportunities, and innovation to better manage their intangible assets. To learn more about IPwe’s Smart Intangible Asset Management platform and IPwe Digital Assets, please visit ipwe.com.