Crypto Billionaire Brock Pierce Joins Tandem – the Easiest way to buy Crypto 18517

Brock Pierce

Crypto Billionaire Brock Pierce has joined Tandem, which aims to make buying and selling crypto easy, as an advisor. Tandem is founded by former investment banker Prashanth Swaminathan, who was an executive director at Morgan Stanley London for over 10 years. As one of the early members of the global crypto revolution, Brock Pierce provides invaluable product and business insight to Tandem, which is soon launching its product in private beta.

Brock Pierce is joined by several other luminaries, like Micheal Terpin, one of the foremost blockchain PR personalities, Christopher Yoshida, a senior advisor at Carlyle Group (one of the world’s largest investment firms), and Jaron Lukas, creator of one of the first crypto exchanges.

Tandem is a mobile application that aims to make buying and selling crypto easier for people who are familiar, as well as new to crypto. With pioneering new user experience and an easy to use interface, Tandem currently offers the fastest way to purchase and sell crypto currently. The platform incentivises existing crypto traders and altruists to help people new to the space in getting started with digital assets.

“After many brainstorming sessions with our advisors, industry leaders and the community we have outlined a ground-breaking product that will bridge the gap and knowledge between crypto and non crypto users. At Tandem we are building a revolutionary framework that will establish a unique ‘global distribution ecosystem’ for users to earn passive income in crypto while educating and connecting them,” said Prashanth Swaminathan, founder and CEO of Tandem.

At launch, Tandem will support fiat currencies from over 50 countries for P2P trading, to enable collaboration and education across geographies. Furthermore, the Tandem CEO promises that there are several localisation efforts being taken to make the app more accessible across languages and cultures. “The three pillars of crypto mass adoption lies in user experience, education, and passive income. Therefore Connect, Empower, Earn. You will see enablement features for all three aspects on Tandem,” added Prashanth Swaminathan.

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BitMovio Announces Partnership With Leading Blockchain Consulting Agency Block72 for International Expansion 17635

BitMovio

BitMovio, a blockchain-enabled video entertainment platform, recently announced a partnership with Block72 to accelerate plans for global expansion. Through this partnership, BitMovio will focus on entering Asian markets and growing their global user base. “We’ve gained significant momentum over the past several months with hundreds of studios/creators and thousands of hours of premium content onboarded, especially among the independent film, TV, and professional YouTube streamer community,” said Simon Zhu, co-founder and CEO of BitMovio. “We expect that this partnership with Block72 will help double down on BitMovio’s leadership position in the blockchain entertainment space with expansion into South Korea, China, and other Southeast Asian countries.”

A cross between Twitch, Netflix, and Patreon, BitMovio is a new breed of video entertainment platforms that utilizes blockchain technology, cryptocurrency, and platform-specific virtual goods to enable users to transparently and instantaneously exchange value and attention. BitMovio is currently in open-beta and is ramping up blockchain development with additional gamification features. They are introducing their own cryptocurrency token and integrating with Theta Labs’ decentralized mesh video streaming infrastructure.

BitMovio is on a mission to disrupt the industry’s centralized content distribution and financing model. The platform features a wide array of video genres including gaming, sci-fi, fantasy, horror, paranormal, conspiracy, and more. Over the past several months, BitMovio has signed over 6,000 hours of premium video content from a variety of producers.

“We are constantly looking for promising blockchain projects that can solve real-world problems, and which have the potential to achieve mainstream adoption,” said Sinhae Lee, founding partner at Block72. “We hope to expand BitMovio’s business and the adoption of its ecosystem through Block72’s global network, as well as create a compelling use case through the success of the project.”

Block72 is a joint venture of GBIC and FBG Capital to provide marketing services to a demanding blockchain startup scene. The two venture capital funds have a well-developed portfolio of investments in the blockchain space and their success has allowed them to build a solid reputation in the industry. Their team has rich experience in marketing, public relations, and community growth and has helped countless projects secure capital and build engaged communities that serve as the core of their respective decentralized ecosystems. Block72 has offices around the globe, providing a large network that continues to grow within the broader tech sector.

BitGo Staking Launches with Dash and Algorand 17694

BitGo, the leader in digital asset financial services, announced today that it has launched BitGo Staking. Clients whose assets are with qualified custodian BitGo Trust can now generate passive income while their assets remain in secure, insured cold storage. BitGo Staking launches with Dash and Algorand, with support for additional coins planned for later this year. The rate of return will vary by coin, running from 7 percent to up to 13 percent for Algorand.

The company also announced that it has acquired Hedge, a leader in scalable, programmatic deployment of staking infrastructure. This acquisition forms the foundation of BitGo Staking through the integration of Hedge’s automated secure deployments, scalable and redundant processes, and the use of hardware security modules (HSMs) and secure cryptographic enclaves. Clients will have the option of choosing to delegate staking to BitGo or to the provider of their choice.

Proof of Stake

Proof of Stake (PoS) is gaining momentum as a number of new protocols move to the PoS model. Ethereum, the second largest asset by market cap, is expected to transition to this model within the next year. A key benefit of the PoS model is that it does not need substantial amounts of committed mining power making it more energy efficient than PoW. In addition, the ability of PoS coins and tokens to generate passive returns makes them attractive to a variety of investors and can incentivize long-term holding of the asset.

BitGo Staking benefits

  • Best-in-class security architecture: each node runs on its own dedicated virtual machine so one client’s node cannot access other nodes or infrastructure
  • No keys go online: seamless integration with BitGo Custody keeps assets in cold storage
  • Multi-signature technology: the industry standard for institutional investors
  • Choice of staking providers: delegate staking to BitGo Trust or use the staking provider of your choice
  • Insurance: custodial assets are insured for up to $100 million

“In order to be a great custodian, we need to provide our clients with the ability to use their assets in custody. Staking provides our clients with returns on their investments without ever moving their assets out of custody,” said Ben Chan, CTO, BitGo. “Our acquisition of Hedge builds on the blockchain and staking expertise within our engineering platform to deliver an automated, end-to-end staking service.”

“Building trust in cryptocurrency is a shared mission between BitGo and Dash, which led to our initial partnership last year,” said Ryan Taylor, CEO of Dash Core Group. “Dash support in BitGo Staking builds on this relationship and provides additional ways to derive value from Dash in a safe and secure environment. We’re thrilled to be a part of BitGo Staking’s inaugural launch and expect masternode owners will be as well.”

“We are excited to welcome BitGo to the Algorand community,” said W. Sean Ford, COO of Algorand, Inc. “By providing custodianship services with multi-sig security as well as new staking opportunities, the BitGo partnership adds even more opportunities to participate in the Algorand ecosystem.”

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Congo mine deploys digital weapons in fight against conflict minerals 17364

In a small shack overlooking muddy pits hewn out of eastern Congo’s rolling green hills, a government official puts a barcoded tag on a sack of ore rich in tantalum, a rare metal widely used in smartphones. With a handheld device linked to a server in the cloud, the agent scans the barcode, uploading data including the sealed bag’s weight, when it was tagged, and by whom.

It’s the latest initiative in eastern Democratic Republic of Congo to improve systems meant to show minerals entering global supply chains come from mines that don’t use child labor or fund warlords and corrupt soldiers.

The new system developed by RCS Global, a company in Berlin that audits supply chains, started in January at Societe Miniere de Bisunzu’s (SMB) mine near Rubaya, which has some of Africa’s largest deposits of coltan, a tantalum-rich ore.

“It allows purchasers of SMB material to be sure that it actually comes from that mine site and is not smuggled into the supply chain from other mines, as much as possible,” said Ferdinand Maubrey, a managing director at RCS.

Whether the new digital approach to tracing metals such as tantalum and cobalt succeeds is of keen interest to companies, especially carmakers like Tesla, General Motors and Ford, as regulators on both sides of the Atlantic put pressure on end-users to prove their supply chains are clean.

Now, companies mostly rely on a paper-based certification scheme. But U.N. experts have documented cases of tags used to identify clean minerals being stolen in another part of eastern Congo and sold to smugglers – allowing them to pass off ore from blacklisted mines as responsibly sourced.

Maubrey said the new system had helped prevent tainted ore being mixed in with SMB’s products by creating new obstacles. To use stolen tags, for example, a smuggler would also need to steal both the scanner and the laptop linked to it – which Maubrey said would be easily detected.

Even so, Maubrey conceded the system has limitations. For one, it does not use available technology to pinpoint the GPS coordinates of where the ore was tagged in real time, largely because of the high costs involved, he said.

SMB Chief Executive Ben Mwangachuchu also said digital systems could be corrupted if the government agents who tag bags conspire with smugglers to enter incorrect data from the outset.

Bitmain to launch the World Digital Mining Map this October 16991

Mining

During the World Digital Mining Summit (WDMS) – which will take place in Frankfurt on 8-10 October – Bitmain will launch the first platform to connect mining hardware owners with mining farm owners via the World Digital Mining Map (WDMM).

To remain price-efficient, owners of mining hardware are regularly on the lookout for locations with the right conditions and power resources for cryptocurrency mining. The WDMM will be the first global resource to connect them with mining farms who have the available power resources to host them for a fee.

“The WDMM will help make cryptocurrency mining more sustainable in the long-run by connecting mining farms and hardware owners in a whole new way. It is part of our commitment to provide miners with on-going support throughout their hardware’s lifetime and to support the sector’s overall growth,” said Matthew Wang, Director of Mining Farm of Bitmain.

Mining farm owners can apply to be listed on the WDMM during the WDMS. Applicants will need to provide details on their current mining farm setup and capacity to host other miners. In return, participants will be given personalised services from Bitmain which includes assistance with mining farm design, connections to foreign customers to host, and support with operations, purchasing and construction.

“Being listed on the WDMM helped me to find miners who want to host their rigs in my facility. Bitmain was able to connect me with the right customers to fill in the extra capacity I had. This is the support I needed to help me expand my facility at a faster pace,” said Gregory Ohanessian, CMO of VC Mining.

“Bitmain is our key partner. About 85% of the equipment in operation on our site is from Bitmain. In practice, we checked the reliability of this equipment, ease of operation, and highest efficiency. Bitmain not only sells equipment, but also helps us operate and maintain the equipment in the most efficient way, it helps us to further the output and reduce the down time of our customers’ miners,” added Dmitrii Ushakov, Chief Commercial Officer of Bitriver.

During the WDMS, Bitmain will also announce the winners of the Top 10 Mining Farms around the world. The summit will provide a workshop focused on mining farm data analysis, as well as discussions on the future of mining facilities. There will be opportunities for miners and mining farm owners to exchange ideas and explore partnership opportunities.

NEO Marks Industry Milestone by Becoming .NET Foundation’s First-ever Blockchain Member 18432

neo

NEO joined the .NET Foundation, the Microsoft-created, globally leading open-source foundation, during the .NET Conference 2019, as the latter’s first-ever blockchain project. Based on their shared open-source heritage, NEO and the .NET Foundation will furtherempower millions of developers to build the foundation for next-gen Internet. This partnership comes after NEO’s release of Blockchain Toolkit for .NET and NEO Express in September, thus reaffirming NEO’s leading position in the industry.

Speaking during the .NET Conference 2019, John deVadoss, Head of NGD Seattle, remarked that, “As the first blockchain project to join the .NET Foundation, we’re excited to come together based on our shared commitment to open-source, to developers, and to world-wide community collaboration. Based on our shared core values and principles, I am confident that this partnership will accelerate developer innovation to drive mass adoption of blockchain and build the foundation for next-gen Internet.”

Reflecting his sentiment, Jon Galloway, Executive Director of the .NET Foundation, noted that, “The .NET Foundation is very excited to welcome NEO as the very first blockchain platform to join our community.  NEO is a pioneer in adopting the .NET platform, and we support them in building an innovative decentralized platform and developer community. NEO is joining the .NET Foundation at an exciting time of growth for the .NET Foundation, as well, and we’re very happy to have them on-board!”

Underscoring its developer-centric approach, NEO shared the preview of the NEO Blockchain Toolkit for .NET and NEO Express which aim to jump start smart contract development and accelerate the creation of innovative dApps by enabling the following capabilities:

  • NEO Smart Contract Debugger – to debut a fully integrated Smart Contract debugging experience inside of Visual Studio Code.
  • NEO Express – to enable comprehensive end-to-end SDLC scenarios for NEO2 and NEO3 with the ability to be managed from within Visual Studio Code and using command-line utilities.
  • NEO Smart Contract Compiler Enhancements – to enable a fully friction-free Smart Contract edit-compiling-debug-testing-deploy experience.
  • NEO-FX Library – to provide the Unified Programming Model for NEO, delivering a consistent and highly productive developer experience with a common set of fundamental types (such as large unsigned integers for hash values and elliptic curves for cryptography), domain models (such as blocks and transactions) and service abstractions (such as retrieving a transaction or invoking a smart contract).
  • NEO Visual DevTracker – to debut as an innovative developer-focused chain explorer and tracker fully integrated inside Visual Studio Code.

Speaking on the NEO Blockchain Toolkit for .NET, Erik Zhang, Founder of NEO, remarked that, “We are very glad to be the first blockchain project joining the .NET Foundation. Moving forward, we anticipate closely collaborating with the .NET Foundation to deliver the most developer-friendly blockchain infrastructure for .NET developers—as exemplified by our recently launched NEO Blockchain Toolkit for .NET.”

SIX Digital Exchange launches DLT-based trading and settlement prototype 19356

SIX Digital Exchange

SDX, the world’s first end-to-end platform for digital assets, has launched a prototype of its digital exchange and CSD. Future releases will offer more functionality, with a particular emphasis on asset servicing, in Q1 2020. The full launch is expected in Q4 2020.

The objective of the prototype is to showcase the future of financial markets to the community and obtain feedback as well as demonstrate that a distributed CSD – based on DLT – can be integrated with a central order-book stock exchange model to ensure fair market conditions for all.

Test-cases will showcase the potential of SDX’s riskless trading model, as well as settlement on DLT. Early stage functionality will cover digital security token issuance as well as live trading and instant settlement. This will include the cash-leg of the transaction embracing the concept of a payment token as well as access to a distributed portal where it would be possible to monitor transactions across specific DLT member nodes.

Participants making trades will execute them via a facility resembling the existing Swiss Stock Exchange infrastructure. Similarly, the asset token issuance process on SDX makes use of the Swiss Stock Exchange’s Connexor service and its best-in-class functionality.

Unlike conventional exchanges, SDX will facilitate instant settlement that will remove counterparty risk and the need for default fund collateral at a CCP – this implies that if the buy and sell-side have the necessary cash and assets to fulfil a trade, settlement will occur instantly. This structure is helpful for providing liquidity and credibility for the issuance and trading/settlement/custody of new digital assets. For traditional institutional trading activities, a T+2 environment utilizing existing netting and CCP functions, will be made available, although not as part of the prototype. Members hold their assets on the SDX DLT in a distributed way and have access to them with their own unique private key.

Speaking of the prototype, Thomas Zeeb, Chairman SDX and Member of the Executive Board at SIX, said: “The launch of this prototype is a major milestone in creating a credible digital infrastructure for moving our industry forward. We are now one step closer to demonstrating the viability of our vision for the financial markets of the future and, ultimately, for the way people and businesses access capital. SDX is a testament to the innovative nature of the Swiss stock exchange and the foresight of its shareholders – we are combining existing market technology with revolutionary new technologies to create the market of the future.”

A second phase of the prototype will be released in the coming months, factoring in necessary feedback from the first phase but importantly, also adding the first elements of post-trade and asset servicing (digital custody) functionality.