A Detailed Review of Helbiz (HBZ) Cryptocurrency

bike moto Helbiz

Now we can truly say that we live in the era of cryptocurrency development. This industry has not even turned 10 years old, and it has already become stronger on a global scale. Of course, a lot of coins among the existing ones will not pass the natural selection of crypto-evolution. Today we will talk about a rather young, but very promising coin Helbiz. What does it represent, what functions it performs and what can potential investors count on?

Contents:
(please, click the topic to scroll down to it)

  1. What is Helbiz?
  2. Helbiz price graph
  3. Advantages, disadvantages and forecasts for Helbiz
  4. Conclusion

1.What is Helbiz?

Helbiz is a relatively young project, the main purpose of which is the creation of a single marketplace in the field of mobile transport and car-sharing. Car-sharing is a concept of joint ownership of transport, without the need to possess it. Anyone can rent a car in any part of the city and pay for it using HBZ tokens. Considering that many experts of the automotive market predict the great future of this concept in the coming years, we can conclude that the Helbiz project may have huge prospects for growth.

2. Helbiz price graph

As of the time of writing (July 5, 2018), the coin ranked 621 in the Coinmarketcap rating.

Here is a little general information about the project:

  • the number of tokens – 1 billion pieces, now 547 million;
  • price – $0.007696;
  • capitalization – $4.2 million;
  • the volume of trading in the last 24 hours – $1,021,730;
  • ERC 20 token, built on Ethereum blockchain;
  • it is not subject to mining, the production of tokens is subject only to developers;
  • HBZ is  already traded on several fairly large cryptocurrency exchanges (IDEX, Coinhub, Mercatox, etc.).
  • according to the minimum cost, the coin shows an increase by 115%;
  • according to the maximum cost, it shows a decrease by 500%.

3. Advantages, disadvantages and forecasts for Helbiz

The Helbiz project is open for cooperation with other companies that work in the field of short-term or long-term transport lease. The highlight of Helbiz is the fact that this is the first marketplace in this field, which is based on the blockchain technology. The potential market is huge, considering that every year, it comes to more countries and cities. You can keep a record of all the services that will be provided through the Helbiz platform in the blockchain. Tokens can be paid for transport, so in case of successful implementation of the project, HBZ will be very in demand, which will certainly affect its price.

Sharing + blocking technology = huge potential for growth for the next 10-20 years. The blockchain technology is able to make a revolution in many spheres of life. The main advantages of Helbiz are the relocation of one of the economic sectors to a decentralized network, which does not require intermediaries, auditors or regulators.

If you look at Helbiz from the point of view of an investment asset, we can admit that the project is pretty worthy and you can buy a couple of hundred or thousands of tokens (depending on your budget), if you see it fit. It’s clear that a full-scale card-making revolution is a matter of not even a decade, but even in the short and medium-term prospects Helbiz can still bring a good profit. For example, listing on such giants as Bittrex and Binance is able to ramp the token rate by several hundred percent.

4. Conclusion

The Helbiz project is quite young, but it has every chance to become successful in the near future. This platform will greatly simplify the interaction between transport owners who want to monetize it and ordinary users. The blockchain technology will remove intermediaries, which will favorably affect both the earnings of the former and the expenses on the latter. If we talk about promising cryptocurrencies in 2018, then Helbiz is definitely one of them. You will need a very small share of your investment portfolio to buy this coin, not more than 1%. It is necessary to competently diversify your financial assets and never focus on one single coin in order to earn on the cryptocurrency market consistently and minimize its risks.

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Binance Will Add Stablecoin USDC To Its Listing

Recently, one of the major crypto exchanges, Binance, has published a notice which says, Binance will open two new pairs for trading on November 17. Interestingly, those two pairs include a new-comer – USDC – stablecoin backed by Circle.

The trading pairs are USDC/BNB and USDC/BTC; the trading starts at 2018/11/17 03:00 AM (UTC). However, users are already able to deposit stablecoin in advance.

Moreover, Binance wrote there would be a “top-ranking auditing firm” to preserve the transparency of the stablecoin. Every month, the firm is bound to provide data of “the corresponding USDC and USD balances held/issued.

We want to remind you, such crypto exchanges as OKEx, Huobi, BitPay, Coinbase have already listed USDC stablecoin on their listings.

Dollar-Pegged Stablecoins Exceeded the Price Point of $1

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Cryptocurrency Prices Today, November 15: Cryptocurrencies Collapsed in Price

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency prices

According to the Coin360 online platform, Bitcoin (BTC) lost 10.76% over the past 24 hours. The price at the time of writing is $5643 per coin.

Almost all cryptocurrencies absolutely crashed in price:

Bitcoin Cash lost 13.28% over the past 24 hours and costs $447 per coin;

Ripple dropped by 8.94% and is $0.46 in price;

EOS fell by  11.7%, and its price is $4.66;

Litecoin lost 13.45%, and its cost is $42;

Cardano decreased by 14.13%, and its value is $0.061;

Stellar lost 8.24% and is worth $0.23;

IOTA became cheaper by 16.64%, and its cost is $0.48;

Dash dropped by 12.34%, and its price is $142;

Monero decreased by 13.95% and costs $90.

Over the past day, Ethereum lost 12.76%. The cost of the coin is $179.

The total market capitalization dropped significantly to $185 billion. Bitcoin accounts for 53% of the total. In monetary terms, the amount dropped to $98 billion.

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Bank of America Has Officially Patented A System for Saving Crypto Actives for Significant Corporations

One of the major USA banks has been approved the patent for a system of saving crypto assets. The application for the patent describes a method for safekeeping cryptocurrency assets of users of the system. It also stated that the bank will cooperate only with major corporations.

The popularity of using cryptocurrency has turned into a trend that many companies are aiming at. The biggest part of major corporations serves their clients with the help of cryptocurrency. Because of this, there is a need to convert the cryptocurrency into any currency deposit, which has to be placed in a storage.

It is possible to improve the security and safety of deposit funds with the help of single corporate accounts that maintain the cryptocurrency storage.

At the same time, the clients will receive credit funds, the amount of which is equal to the crypto deposit. This concept was introduced by Bank of America.

The patent spelled out a storage system specially designed for the banking system, which processes and stores the secret key. The system is demanding to high throughput of a channel and the amount of calculation capacities.

When required to complete a transaction, the system will provide customers with access to Member’s personal account.

It should be reminded, that previously Bank of America approved the patent for close system private keys, that supports remote management.  

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Crypto Master Minds That Made It Into Forbes’s 30 Under 30

One of the most famous editions in the world, Forbes, came out with its annual rating of the most influential people under the age of 30 in different spheres of activity, including healthcare, music, art, retails and many others. This time the section of “finance” was replenished with a couple of blockchain and crypto personalities, namely:

1. JB Rubinovitz (26) is a crypto entrepreneur whose goal is to incorporate crypto mining as a way to provide bails for arrested people.

2. Olaoluwa Osuntokun (25) is one of the founders and a Chief Technical Officer of the company Lightning Labs. He raised $2.5 million to develop Bitcoin as a fully usable means of payment.

3. Hunter Horsley (28) is a CEO of the company Bitwise Asset Management. His firm specializes in creating crypto indexes.

4. Nader Al-Naji (26) and his company Intangible Labs are currently working on a concept of a cryptocurrency that could easily replace the usual banks.

We remind you:

Forbes Launches Its Own Version of the CoinMarketCap

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Cryptocurrency Prices Today, November 14: Cryptocurrencies Continue to Decline in Price

crypto prices

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency prices

According to the Coin360 online platform, Bitcoin (BTC) lost 0.16% over the past 24 hours. The price at the time of writing is $6356 per coin.

Almost all cryptocurrencies are in the red zone:

Bitcoin Cash lost 0.66% over the past 24 hours and costs $502 per coin;

Ripple fell by 2.29% and is $0.51 in price;

EOS minus 2.40%, and its rate is $5.30;

Litecoin decreased by 0.95%, and its price is $49;

Cardano dropped by 3.02%, and its cost is $0.072;

Stellar lost 4.23% and costs $0.25;

IOTA added 0.37%, and its value is $0.48;

Dash plus 0.15%, and its price is $164;

Monero lost 0.99% and costs $106.

Ethereum lost 1.03% over the past day. The cost of the coin is $206.

The total market capitalization is $209 billion. Bitcoin accounts for 52.8% of the total. In monetary terms, this is $110 billion.

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The Real Estate Market Switches to Blockchain

The power of countries depends on the economy, which real estate market is a significant segment of. More than 50% of global finance belongs to it. An impressive share, isn’t it? This market segment is most adapted to reforms and crises.

However, this does not mean that it cannot be slightly improved by innovations, such as the blockchain. Technological upgrade will allow the real estate market, as well as the economy in particular, to move to a new stage of development.

While the real estate market is “collecting its belongings” and is preparing for a full-fledged move to the blockchain, a Japanese company has launched the sale of real estate for cryptocurrency. A couple of Bitcoins can buy you a paradise on an island somewhere in the Caribbean. The world of real estate is gradually becoming digital.

Definitely, the “relocation” of the housing market onto the blockchain will have a positive impact on its development. This promising combo will improve and facilitate the purchase of real estate as follows. It will allow to:

  • exclude intermediaries who charge a commission in the course of transactions;
  • reduce the time for the preparation of transactions and references;
  • reduce the risk of fraud;
  • simplify the process of checking property before selling:
  • customers can buy property at any time of the day;
  • opportunity to track the entire history of the transaction.

All this makes the purchase of real estate easier and safer, but not publicly available. The latter and the above mentioned benefits can be offered by Elements Estates.

The project provides an opportunity to buy housing not only to reserved players. Owing to blockchain technology the national boundaries are disappearing as assets can freely move from one country to another.

It is time to improve the global economy by reinforcing the real estate market with blockchain and cryptocurrency.

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