Blockchain Economic Forum is coming to San Francisco on June 16-19

press release

Blockchain can be considered the most disruptive technology since the invention of the internet. LATOKEN, a crypto exchange and multi-asset tokenization platform, is proud to announce its third event dedicated to bridging blockchain with the global economy: Blockchain Economic Forum (BEF).

BEF Singapore and New York attracted over 1,600 investors, entrepreneurs, politicians, decision-makers, and opinion leaders, such as Vicente Fox (former president of Mexico), Reese Jones (Singularity University), Jean Claude Donato (Nikaia Ventures), Miko Matsumura (Evercoin), Peter Bergstrom (BitBlock Ventures), Daniel Heller (ex-IMF), Hanna Halaburda (Bank of Canada, NYU), Toni Lane Casserly (Cointelegraph), and Nicholas Merten (DataDash, 285k+ YouTube subscribers). Building on the success of these events, LATOKEN is delighted to host BEF in San Francisco on June 16-19, 2018.

BEF SF is a four-day event that is expected to be attended by over 2,000 participants, including many leaders from the world of technology, business, media and politics. The forum will host over 40 inspiring discussions on blockchain opportunities for strategic development of real sector companies, industry regulation, technology updates, as well as marketing and PR for blockchain and crypto startups.

Among 150+ confirmed speakers:

– Tim Draper, Founder, DFJ Fund

– Bobby Lee, Bitcoin Foundation, Board

– Gary Gensler, Chairman CFTC (2009-2014)

– Joe Oliver, Finance minister of Canada (2013-2015)

– Eva A. Kaili, Member of the European Parliament

and our special guest, Sophia, the latest and most advanced robot to date and a cultural icon, who is about to make an announcement for the humanity.

Blockchain Economic Forum is designed to empower pioneers to find ideas, investments, partners, and friends. Together we will make crypto official and widespread in order to automate capital markets, money and states. This will save billions of working hours each year. Blockchain can automate elections, courts, state finances and make them more transparent. As a result, 6 billion people will overcome corruption to catch up with the golden billion. This is how emerging economies may grow by $400 trillion. At the same time, the costs of state services in developed countries will likely be halved.”, says Valentin Preobrazhenskiy, CEO of LATOKEN and Chair of BEF Organizing Committee.

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The Coin Shark does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions. The Coin Shark is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

MasterCard Will Use Blockchain to Upgrade Business-to-Business Transactions

mastercard will use blockchain to upgrade b2b transactions

A worldwide payment system company MasterCard received an approval from the US Patent and Trademark Office regarding the application submitted in March of this year.

As we reported earlier, MasterCard got green light from the Office and started developing its own blockchain:

Mastercard Received a Patent on a Coupon Authenticating System on Blockchain

Now the company is directing the powers of this technology to improve and secure B2B transaction within its framework. According to their new patent:

There is a need for a technical solution to provide a disruptive, uniform settlement system which can reduce the amount of processing as well as the amount of communications and fund transfers.

This technical solution is the blockchain technology.

We remind you:

Would Ripple Not Be As Successful If It Hadn’t Been for Mastercard?

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weiDex is the Decentralized Exchange of the Future!

In 2017 the cryptocurrency market saw a massive influx of optimism and popularity. After a market cap increase of over $600 billion, it was no surprise that the cryptocurrency market saw massive media coverage from financial channels, news articles, and stories of instant wealth. Apart from stories of wealth potential, cryptocurrencies gained popularity because they carried the potential for a new era, an era of true transparency and decentralization. This potential for transparency and decentralization seemed hugely unlikely in the digital world, however cryptocurrencies proved to be a force promising to change that.

Unfortunately, there did exist a few problems during the cryptocurrency popularity wave, much of these were related to the actual cryptocurrency exchanges. The top 3 problems cryptocurrency investors faced during this time were in the areas of exchanges rejecting new users, week long sign up processes, and exchange hacks. It is true that cryptocurrencies have shown us a new path towards transparency and decentralization, the exchanges however do not.

While many cryptocurrencies champion decentralization, the exchanges which transact the majority of these assets remain centralized. In the past, centralized exchanges have illustrated numerous examples regarding why the centralization of exchanges is a negative aspect in the cryptocurrency market. For one, many exchanges charge exorbitant fees, especially when withdrawing and depositing assets. In addition, exchanges are often victims of hacking attacks. As long as centralized exchanges hold massive amounts of assets, they will always be a target for hackers.

Luckily for true cryptocurrency users, there is such a thing as decentralized exchanges, the unfortunate truth however is that they are extremely complicated for new users. On top of being complicated in nature, seemingly all decentralized exchanges have hugely confusing user interfaces, this is of course a turn off for most cryptocurrency users.

Cryptocurrency exchanges are huge, their growth potential however is even bigger. In the bull market of 2017, exchanges saw record user growth almost daily. Since that time, many exchanges have increased their workload capacity to meet the future surge of users. The era of cryptocurrency is still quite new, this means exchanges have an unfathomable growth potential. For an exchange to see maximum growth, they need security, transparency, and of course, practical features. Despite this being a relatively simple recipe for success, we have yet to see an exchange that truly encompasses these factors. We have learned to trust the blockchain in regards to trust and transparency, therefore, there is no reason why we shouldn’t demand the same standards from cryptocurrency exchanges. If centralized exchanges are too risky to deal with, and decentralized exchanges remain complicated, what alternative do cryptocurrency users have? Surprisingly, this question can be answered with a single answer… weiDex.

What is weiDex?

weiDex is the first easy to use and fully featured decentralized exchange. Combined with secure smart contract technology to transact orders, weiDex also has numerous features stacked with a fresh and easy to use user interface. In short, weiDex is perhaps the first decentralized exchange that incorporates an easy to use interface packed with a plethora of amazing features! https://weidex.market

Why use weiDex?

In short, there are three primary reasons among many why users should use weiDex. Firstly, it is immune to the risk factors of centralized exchanges. Secondly, it is perhaps the first decentralized exchange that incorporates an easy to use user friendly interface. Lastly, weiDex is packed with numerous exclusive features that cannot be found on other centralized or decentralized exchanges (These will be discussed further on).

weiDex’s Advantages over Centralized and Decentralized Exchanges

When compared to both centralized and decentralized exchanges, weiDex seems to be am optimal choice for users.

weiDex advantages over centralized exchanges:

  • No sign-up hassle
  • No KYC
  • Users are always in control of their funds
  • No withdraw or deposit limits
  • No trade limits
  • Secure and transparent
  • Not vulnerable to hacks as centralized exchanges are
  • low fees
  • Quick and easy customer service
  • Transparency regarding weiDex team
  • incorporation of many exclusive exchanges

weiDex advantages over decentralized exchanges:

  • Easy to use
  • User friendly interface
  • Overall user-friendly user experience
  • Cross-chain transactions and atomic swaps
  • Highly qualified team
  • Transparency regarding weiDex team
  • unmatched customer service
  • low fees
  • incorporation of many exclusive features not found on other decentralized exchanges

weiDex Features

Unlike other exchanges, weiDex has many amazing features that cannot be found anywhere else. A quick look below will show you why weiDex is the optimal exchange for users.

Functional Token Utility:

The weiDex token (WDX) has a plethora of use cases making it a must have when using weiDex. With the weiDex token, users will be able to:

  • Reduce trading fee by 50%
  • Participate in community voting for new token listings
  • WDX can be used as a payment method for new tokens
  • Swap between both the Ethereum and other smart contract platforms
  • Hold WDX to receive airdrops

In the past, exchange tokens have shown to keep a rather stable and less volatile level of negative price action during bear markets compared to many of the alt coins. For example, as of August 2018, we see that most altcoins have lost 80–95 percent of their value. While it’s true that exchange tokens have also been on the receiving end of the bear brunt, they however have kept a relatively stable token price compared to their altcoin counterparts. A safe asset to hedge against a bear market could very well be an extra secret benefit of the WDX token.

Multiple Order Fulfilment:

The multiple order fulfilment mechanism is a unique system where users are only charged the Ethereum gas fee once when filling orders. For example, let’s assume someone has a 1000 token order. With this order, it takes ten transactions to fill. Normally, a user would be charged ten times for each transaction, with weiDex however, the user is billed only once!

Referral System:
Users who introduce new users to the weiDex exchange via the referral system will receive 20% of that referee’s trading fee.

Bear/Bull Bomb:

One of the most amazing features of weiDex is the Bear and Bull Bomb feature. With this feature, users will be able to convert all of their tokens instantly with the press of a button into either Ether or WDX. When the user is ready, they can press the button again and reconvert their Ether or WDX to nearly the same proportion. Why is this a wonderful feature? If a user believes their tokens will experience a sudden burst of negative volatility, they can use this feature to quickly snap out from that position and enter a more stable asset such as WDX or Ether.

Crumb Cleaner:

It is always awkward when our wallets are filled with small particle denominations of cryptocurrencies. If you keep a highly diversified crypto portfolio, you have likely noticed that your wallets show balances similar to something like “0.0000162”. This annoyance is now a thing of the past thanks to weiDex’s “Crumb Cleaner” feature. This feature allows users to convert these small micro remnants of cryptocurrencies into WDX. By doing this, you increase your stake for future airdrops as well as trading discounts.

Cross-chain transactions:

One of the most amazing features of weiDex is that it will offer cross-chain transactions between e.g. NEO and Ethereum tokens. With this feature users can transact between the Etheruem and other smart contract platforms. One example of this is that users could use the WDX ERC-20 token to buy Ethereum based tokens as well as NEO based tokens. This could very well be a first for the decentralized exchange industry.

Airdrops:

When new tokens are added, weiDex token holders will receive airdrops based on how many WDX they have in their wallets. This is a great incentive to hold the WDX token.

Free Trades:

One of weiDex’s most unique features is that it implements free trading for all users when a certain volume threshold is achieved on the exchange. For example, if the total trading volume on weiDex reaches 1000 Eth, users will be granted a free trade period. The volume threshold is dynamic of course, however, it’s amazing that users will be able to experience fee-less trading!

Token Burn:

One of the most exciting aspects about weiDex’s is that they will initiate regular WDX token burnings!

Once WDX tokens are used to discount a user’s trading fees, they will be stored in a specified fee address where they will be burned at a rate of 1% bi-annually. The full extent of weiDex’s token burn policy will eventually decrease the token supply by 50% (50 million to 25 million).

What’s special about projectsthat have a token burn mechanism is that it gives users further incentive to hold. As tokens are burned, the value of all existing tokens increases as they slowly become more and more valuable. In the end, projects that effectively combine the recipes of legit token utility functionalities with token burning are able to maximize both demand and future token price.

The Team

Among the many positive aspects of weiDex is that it has a very transparent team. When it comes to exchanges, we often don’t know who the faces are behind them. With weiDex however, users can feel a sense of confidence knowing they can read up about the team and even chat with them on Telegram. Another positive aspect about weiDex is that it has a large size group of team members and strategic advisors. For now, we will do a brief introduction to just some of the team members.

Tito Titov (CEO) — Tito is famous amongst his team for always thinking outside the box and coming up with creative ideas and solutions. He is an experienced chief executive officer with a strong history in the computer software industry. Furthermore, Tito is highly experienced in software development and blockchain technology.

Krasimir Raykov (Blockchain Architect and co-founder) — Krasimir is known for being an integral and highly motivated team member. He brings over five years of experience in systems development, and back end development. Along with his experience, Krasimir brings high proficiency in Solidity, C++, and Java.

Rali Ralev (CTO) — Rali is best known at weiDex for his unwavering energy. He has a plethora of development experience and is proficient in system administration and multiple script languages.

Pavel Angelov(Senior developer) — Pavel is the Doer of the team. He is specialised in cloud integrations and full stack JS ninja. He has worked for companies like Telerik and Chaos Group.

Stiliyan Dimov(Blockchain expert) — A full stack web developer with 5 years of experience. Passionate about blockchain and the latest technologies. Great knowledge of Java, Solidity and Databases

Conclusion

With an amazing team, loads of features and easy to use interface, weiDex is set to become an industry leader regarding cryptocurrency exchanges. What is truly amazing about weiDex is that it not only improves upon the shortcomings of centralized and decentralized exchanges, but also adds token functionality and numerous practical features that users will surely love. It is without a doubt that weiDex will not only serve as a benchmark for future exchanges, but as the new go-to exchange for cryptocurrency and blockchain users.

The Coin Shark does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions. The Coin Shark is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Opera Users Can Now Send CryptoKitties to Each Other

opera partners up with cryptokitties

As we mentioned earlier, the browser Opera launched a cryptocurrency wallet with an Android and desktop versions available. While this innovation has become quite popular, Opera team did not stop and decided to dive into the crypto world even deeper.

The browser is partnering up with a blockchain-based app CryptoKitties. The official post said:

We’re now innovating by allowing you to send crypto-collectibles directly from the wallet to the person you want to, something that previously required visiting a digital marketplace and trading them.

From now on, the owners of Opera’s digital wallets can store crypto cats there and send them to the wallets of other users.

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Several Experts to Speak at Futurama Blockchain Innovators Summit

futurama blockchain summit

The Futurama Blockchain Innovators Summit will be held in Ibiza, Spain from September 10 to September 13, 2018. It was held in Dubai last time between May 3 to May 6, 2018. The Dubai conference was considered to be truly unique due to its unusual networking system. It offered interaction between crypto and blockchain leaders in various informal settings. The upcoming event aims to transform the global view of the cryptocurrency industry. The summit will see the presence of notable cryptocurrency and blockchain personalities. Financial regulators will engage in open dialogue with entrepreneurs and ICO projects to promote growth of the crypto industry at the Futurama Blockchain Innovators Summit.

NOTABLE PERSONALITIES AT FUTURAMA BLOCKCHAIN INNOVATORS SUMMIT

The Organisers of Futurama have brought in representatives of key exchanges such as Bithumb, CoinsBank and Bitinka. Lawmakers such as Chris Ellul from Malta and Chris Griffin from Jersey will debate on centralized versus decentralized exchanges. Personalities such as Bitcoin Foundation Chairman Brock Pierce and Roger Ver, one of the first to invest in Bitcoin related projects will be speaking. Other speakers include cryptocurrency exchange Evercoin founder Miko Matsumura and Crystal Rose cofounder of Sensay.

Evan Luthra who spoke at the Dubai conference said, “Having spoken at 20+ blockchain events in the last couple months, Futurama was probably one of the best organized events with only the highest quality of attendees and professionally organized. I was very happy to have been chosen to come share my thoughts with the inquisitive and smart audience.”

BUSINESS ASPECTS OF THE CONFERENCE

The business aspects begin with an opening remark followed by presentations from twelve distinguished ICOs. The competing ICOs will get a chance to be listed on top exchanges and receive investments. Joshua Hong will then give an opening remark on the state of decentralization. Major discussions at the summit will revolve around why centralized exchanges are still the main growth driver of the decentralization movement, the battle of crypto jurisdictions, the future of crypto regulations and other topics based on exchanges and ICOs. A total of six talks will be conducted during the event.

OTHER ACTIVITIES AT THE SUMMIT

The first day will start with a welcome party hosted by CoinsBank who are known for their cruises. There will be an ELROW tech house performance and a sci fi steam punk party which is sponsored by DNA Capital. The second day will end with a future matrix party sponsored by Bitfinex and EOS. The final day and event concludes with a Sunset Cruise which is offered in six unique vehicles.

The Coin Shark does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions. The Coin Shark is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the article.

CryptoKitties Cooperates with an Art Museum to Popularize the Blockchain Technology

cryptokitties will host a blockchain competition

As we already mentioned before, there are plenty of computer, mobile and console games based on the blockchain technology. One of the most popular games on the list is, of course, CryptoKitties, a cute app where you can create different breeds of cats and sell them afterwards.

Now the developers of this game decided to spread the awareness about blockchain into the crowds. Thus, CryptoKitties will be the star of a special exhibition called “Bringing Blockchain to Life”. It will be held in in Karlsruhe, Germany and will open its doors for visitors on September 1-2. The exhibit will display practical uses of blockchain, namely, on the example of CryptoKitties.

The project’s CEO finds it an incredible idea:

CryptoKitties’ good design and appealing aesthetics are responsible for introducing entirely new audiences to the potential of blockchain technology,” he said.

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Crypto Debates…On A Boat: Roger Ver and Jimmy Song to Hash Out Their ‘Bitcoin’ Differences

blockchain cruise

Two well-known leaders in the blockchain world are coming together to hash out their differences.

Roger Ver, Bitcoin Cash evangelist, and the well-known Bitcoin writer Jimmy Song of ‘OffChain’ have held a series of public debates about Bitcoin Cash earlier this year.

They will reprise the debate at Coinsbank’s third Blockchain Cruise on the Mediterranean, September 7-11.

Bitcoin.com announced in a recent tweet that Song and Ver will come together once more to discuss Bitcoin Cash, a hard fork from the world’s most well-known cryptocurrency, Bitcoin. The name has inspired hope, fear, and criticism alike with its dramatic rises and falls in profitability in the last year.

But we’ve seen the same with Bitcoin in the past – so what’s the difference? One of the biggest problems within blockchain transactions is that they’re slow. Really slow. In contrast, Visa reportedly processes about 1667 transactions per second, and is capable of even more. How many blockchain transactions take place per second? Seven.

Bitcoin Cash was created as a way to address the problem of scalability and to speed up the verification process on the blockchain. It does so using an increased block size of 32MB, with an adjustable level of difficulty, without regard to the number of miners supporting it.

In December 2017, Jimmy Song interviewed Ver in a YouTube livestream about scaling Bitcoin. Ver maintains that the decentralization of a developmental team actually makes Bitcoin Cash more secure by removing the power from a central authority. He holds the opinion that Bitcoin’s increasing transaction costs will make the currency obsolete. Last June, he tweeted a statement saying “If you think BTC with its full block, high fee policy will be able to maintain market share, you are mistaken. It won’t and it’s time to move on to other things.”

Song, on the other hand, believes that the changes that need to be seen can be made within Bitcoin. He stated in a Medium article published before Bitcoin Cash’s release on August 1st of 2017 that Bitcoin Cash raises more questions than answers, and “One thing is for certain: if you want to maximize your holdings, it’s in your best interest to get your Bitcoin off third-party services and control your own private keys before August 1st.”

Tone Vays will also attend the debate. Although Bitcoin Cash isn’t fully established in the hearts of the crypto community yet, it will be interesting to see how the discussion unfolds.

The Coin Shark does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions. The Coin Shark is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the article