Blockchain Life 2018: 5000 Guests, 80 Speakers, 10 Winners

The Blockchain Life 2018 forum ended in St. Petersburg, Russia.

For two days (November 7 – 8), over 5,000 delegates at the Expoforum discussed the future of blockchain,  cryptocurrencies and technologies, shared methods and experience in building successful projects, trading and mining. The forum also identified the winners of the Blockchain Life Awards 2018!

The main goal of the event was to unite the global crypto-community, to teach the audience to invest wisely in the blockchain industry and to help those who want to create their own project in this area. No doubts that the goal has been achieved – interesting speakers, excellent networking, a large-scale exhibition and a cool atmosphere made it work just right.

The forum was attended by leading Asian foundations, crypto traders, founders of ICO projects, businessmen, blockchain developers and miners, representatives from the Okex, Huobi and Kraken exchanges, as well as, creators and top managers of key cryptocurrencies.

Roger Ver from Bitcoin.com and blockchain.info were among the speakers. His speech took place via  Skype. Roger spoke about how cryptocurrency will change the world. We agree with him that cryptocurrencies are the future and today they are changing the world economy. Among the speakers was Martin Kuvandzhiev from Bitcoin Gold, Vyacheslav Bredikhin from Bitmain, Vit Jedlichka from Liberland and other international speakers of the industry.  In total more than 70 speeches and presentations in two halls over two days.

The session devoted to ICO projects deserves special attention: the experts noted that the ICO market is now “in a deplorable state” and start-ups are to blame for this. Most of the projects are terrible, and the blockchain technology is used in them not in a proper way. “You shouldn’t think how to screw a token into a stubbing stall and raise money on it – you need to do something really worthwhile,” said Sergey Chmel, senior partner of MATRIX CIB, in his speech. He also noted that the ICO will not die – instead, they “will regroup and will move on, taking something from the venture capital industry.”

The exhibition was attended by projects from various fields: stock exchanges, exchangers, manufacturers of mining equipment, ICO and blockchain projects. The project LH Crypto, in February of this year, completed a token sale with a result of $ 11,000,000, presented  their main product – crypto-broker LH-Crypto.Their guests were entertained by the heroes of Crypto Clowns show.

On the second day of the forum, the winners of the Blockchain Life Awards 2018 were awarded. The Best Cryptocurrency Media nomination was taken by Forklog (by the way, Anatoly Kaplan,The founder of Forklog also gave a speech on the topic “Blockchain industry: from sandbox to global economy”). The award in the nomination “Best centralized cryptocurrency exchange” received two projects – EXMO and KuCoi. Cointraffic became the best advertising network for promoting crypto projects. The nomination “The Best Russian Blockchain Project” also turned out to be two winners: XDNA and  Goldjob. CRYPTO-A became the best agency for promoting ICO. The winners in the Best ICO Advisor nominations were also determined as well – Nikolay Shkilev and The Best ICO Legal Adviser – Dmitry Machikhin.

”We did not expect to receive an award. Although, we told all our clients that we were participating in the prize competition and asked them to vote for us. So out victor for us is a honest confirmation that our clients are satisfied by our work! “– noted CEO of Crypto-A, Alena Narinyani.

Not without incidents – during the online voting, a cyber attack happened on the nomination “The most promising ICO”. As a result, the organizers had to cancel the nomination in order to maintain objectivity.

We took part in the nomination “The Most Promising ICO” and were very upset when our nomination was canceled. Nevertheless, the InnovaMinex project has become one of the most promising projects according to Blockchain Life 2018 and we want to thank everyone who supported us, ”said Ekaterina Bublik, Marketing Adviser of Innovaminex.

The two days large-scale forum ended an after party at the restaurant “Tsin”, with Dmitry Grachev, the famous comedian and the resident of the Comedy Club.

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Malaysia Incentivizes Its Palm Oil Industry with Blockchain-Tribeni Das

Malaysia has been using Blockchain Technology in three of the country’s largest industries today, namely Renewable Energy, Palm Oil Industry, and the Islamic Banking Sector.

Palm oil has been in growing demand for over the last decade has driven a lot more attention and new ventures towards the industry. Malaysia currently accounts for 39 % of world palm oil production and 44% of world exports. If taken into account of other oils & fats produced in the country. As palm oil is the key income earner, this industry is set to thrive for the next 100 years.

Production of palm oil has become a popular way to meet global consumption for not only vegetable oils but as an everyday household commodity since the yield per hectare ratio is very high.

Palm oil is the biggest export business of Malaysia, accounting for nearly half, which is 43%, of the country’s agricultural income, according to official figures. Agriculture, just alone, contributes to 8.1% of the country’s GDP.

Hence the government brought out reforms in the structuring of this high revenue earning industry by integrating Blockchain Technology as it will help boost the economic situation of the country and make its functioning more transparent and contribute to environmental sustainability.

The Malaysian Industry-Government Group for High Technology, known as MIGHT, led an initiative to combine Blockchain Technology with the Palm Oil Industry for greater profits as there is a heavy reliance on the agricultural input.

  • This will allow for a more sustainable supply chain network, as sellers and customers are now able to track the source of palm oil and monitor their transactions.
  • Government and legal committees can also use the data to track the sources and modulate the industry for a more sustainable approach.

Recently, a group called SUSTAIN (Sustainability Assurance & Innovation Alliance) created by a number of palm oil industry leaders came up with their own plan.

The goal of this alliance is to establish a Blockchain-based palm oil platform to tackle landscape-level sustainability problems, as well as meeting goals related to NDPE (No Deforestation, No Peat, No Exploitation) which is very environmental.

Blockchain combined with this industry can be helpful in geographically locating the harvested fruit branches and can be utilised as a concrete support system for the same. This would help us get the stored information related to the palm oil workers identities and harvesting phases. This structure could also prove to be revolutionary as it will not only provide government agencies with better information regarding the employment status of the workers but also help policy maker’s gain and access more information about the farming practices. In its entirety, the overall conditions of workers who are working for or connected to this industry will improve.

Palm oil spoilage and wastage is one less known issue that propels up, but with this technology it can now be curbed. The spoilage takes place when it is improperly stored as palm oil has the propensity to react poorly to unsuitable surroundings. When this takes place, the oil is unfit for consumption and even usage as the amount of Free Fatty Acids (FFA) reaches a specific level.

Hence in ways mentioned above, a future-tech advancement like Blockchain is helping regulate an everyday resource like palm oil. Speculation is that in the future Blockchain Technology could be combined with IoT sensors to uncover more potential and revenue methods in this industry. There is so much to explore and the research is still on. World Blockchain Summit taking place in Kuala Lumpur from 27th – 28th of February, this year, aims to connect solution providers dealing with ledger based services to the local marketplace, in order to help Malaysia develop an implementation roadmap to utilise Blockchain as a solution to the aforementioned problems!

Click here to learn more about our event.

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.

Glimpse into the Future at Hong Kong Blockchain Week

The first thing to know about blockchain technology is that there is a lot to know.

There is, of course, Bitcoin, which has always been seen as Batman to blockchain’s Robin, or vice-versa. But since those early days when Bitcoin and blockchain were seemingly joined at the hip, the nascent technology has begun to outgrow its exclusivity with cryptocurrencies: From global payments to insurance to the travel industry to the real estate business and beyond, the possibilities for blockchain’s utilization in the near future seem limitless.

There is also, of course, blockchain’s strides in banking: HSBC announced earlier this year that it has now settled more than three million forex transactions and made more than 150,000 payments worth $250 billion using blockchain technology. Specifically, the bank is using a distributed ledger technology called HSBC FX Everywhere, noting in a press release that it “has been used for the past year to orchestrate payments across HSBC’s internal balance sheets, creating significant efficiencies and opportunities.”

However, since any attempt at innovation often gets met with equal parts excitement and skepticism, it’s not surprising that some doubts have been raised about the progress blockchain has made thus far – or the lack thereof, as it were.

And while the economist Nouriel Roubini – who, granted, is nicknamed “Dr. Doom” – is already talking about blockchain’s “broken promises,” it doesn’t seem as though most people are as quick to dismiss the technology’s potential. Instead, there appears to be an air of cautious optimism, with people excited by its potential, but still waiting for its potential to be realized in more real-world applications.

A survey conducted by consulting firm Deloitte of over 1,000 executives across the globe found that although 74 of respondents said their companies see a “compelling business case” for using blockchain technology, only 34 percent said their company has initiated deployment of blockchain in some capacity. And while “a significant percentage of early adopters in the business community (59 percent) believe in blockchain’s potential to disrupt and revolutionize their industries, and the overall economy,” the reality is “there are very few active use cases they can currently employ to advance their beliefs.”

And yet, 78 percent of the executives surveyed by Deloitte “believe they stand to lose competitive advantage if they do not eventually implement blockchain.”

So, we return to our original premise: There is indeed a lot to know about blockchain. But knowledge is power, of course, and whether you’re an early adopter of blockchain technology or a neophyte trying to catch up, Hong Kong Blockchain Week, presented by NexChange on March 4-8, is the largest blockchain event in Hong Kong and the perfect opportunity to hear  about the real-world applications of blockchain, discuss the opportunities it presents for innovation in your industry, learn about possible regulatory developments and connect with other people in the fledgling space.

Among the topics that will be covered during the week include:

  • Government and Blockchain in which we focus on use cases
  • Financial Services and Blockchain in which we look at how big banks and insurance companies are using the technology
  • Big Corporate and Blockchain in which we explore how it’s being used by Fortune 500 and other companies
  • Technological Advancement and Blockchain in which we geek out about how to solve blockchain’s challenges
  • Governance and Blockchain in which we talk about creating governance structures that deliver on the democratization promised by blockchain

Hong Kong Blockchain Week will feature some of the best and brightest minds in blockchain, finance and innovation. Our panel of experts will talk about both the progress that’s been made so far, as well as the challenges the industry faces as it moves this new technology forward.

Our featured speakers will include Bart Chilton, former Commissioner of the U.S. Commodities Futures and Trade Commission; Sinhae Lee, partner at Global Blockchain Innovative Capital (GBIC); Tony Tong, Co-Chairman of the Hong Kong Blockchain Association; Clara Chiu, Head of Fintech Unit & Director of Licensing at the Securities and Futures Commission (SFC); Franklyn Richards, Founding Director at the Litecoin Foundation and COO of Zulu Republic; Charles d’ Haussey, Head of Fintech at InvestHK; Charles Mok, member of the Legislative Council of Hong Kong; Sally Evers, official member of the Forbes Technology Council; Brittany Kaiser, Co-Founder of the Digital Asset Trade Association (DATA) and Cambridge Analytica whistleblower; and Juwan Lee, Chairman and CEO of the NexChange Group and CEO of Arrakis Ventures.

There is a lot of ground to cover when it comes to better understanding the opportunities and challenges with blockchain; luckily, we’ll have a week to take a deep dive into the technology. To register for Hong Kong Blockchain Week and to stay updates on the full lineup of featured speakers, just go HERE. We hope to see you there.

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.

The Famous Wall Street Analyst Tom Lee at the Blockchain Economy Istanbul Summit!

The Famous Wall Street Analyst Tom Lee, who is very well-known with his significant role in Blockchain economy and definite predictions on Bitcoin prices, is coming to Istanbul. Tom Lee is taking a stage at the Blockchain Economy Istanbul Summit as a key speaker and is going to share with the attendees his price predictions, his prognosis about the further steps of Bitcoin investors.

Like the Wall Street Analyst Tom Lee, the billionaire investor Tim Draper, the IOTA co-founder Serguei Popov, SpaceX Hyperloop winning scientist Ilyas Vali, Malta’s consultant on Blockchain Cal Evans and the President of the Free Republic of Liberland Vit Jedlicka are all taking important part as one of the keynote speakers at the the largest Blockchain and Cryptocurrency Conference of the Region “Blockchain Economy Istanbul Summit“.

You are invited to the International Conference that will be held in Istanbul to listen to Tom Lee’s speech about the future of Bitcoin. Moreover, you can understand the Blockchain technology deeply and obtain more ideas on your investment plans.The tickets are on sale now for this conference which will have more than 5,000 attendees from 43 countries of Europe, the Middle-East and the Central Asia in addition to 10,000 audience watching it alive.

“Blockchain Economy Istanbul Summit”
Venue: Haliç Congress Center, İstanbul
Date: February 20, 2019

Website: www.blockchaineconomy.istanbul/EN/

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.

The Sixth Annual Conference BlockchainUA Will Bring Together the Strongest Blockchain Community in Ukraine and Europe

The BlockchainUA team is proud to announce the sixth annual international conference, which will be held in Kiev, March 22, 2019 and will bring together the strongest blockchain community in Ukraine and Europe!

The main mission of BlockchainUA is to increase awareness of blockchain and decentralized technologies, support the blockchain community, and integrate Ukraine on the international level.

The participants will be provided with a unique opportunity to listen to advanced experts in the blockchain and decentralized technologies, to learn lawyers opinions and discover the experience of owners of successful businesses.

Exclusive reports, analytics, trends, discussions and much more will be covered during BlockchainUA. Therefore, in addition to the main program, participants will have the opportunity to talk with opinion leaders in the blockchain industry. The conference is a great place to find partners, investors and make useful contacts, which can later lead to the development of an innovative blockchain project!

We are always moving and trying to improve our events, so BlockchainUA changed the format and location. The conference will be held at the Olympic Stadium in Kiev and expects 500 of the most interested enthusiasts for whom the team is preparing a unique blockchain merchandise, books and prizes!

BlockchainUA has a content for everyone. The conference is divided into 3 simultaneous streams, so you can choose between Blockchain for business, Blockchain development or Blockchain marketing topics.

Join us and become the part of a large blockchain community!

When: March 22, 2019

More details about the conference on the official website: https://blockchainua.com/en   

Facebook page: https://www.facebook.com/events/1086107541598557/

You can buy tickets by the link: https://2event.com/ru/events/1581449?fbclid=IwAR0idZ9ZArpq3lH_FShrr0Gn4xLlums4-VktiTjyGeOyXeqBlTQq0VpdnRI

Traditionally, after the conference, on 23-24 March, BlockchainUA-Hackathon will be held, where people can prove themselves in creating prototypes of products using blockchain technology. Recognized in the community mentors are always available for consultation and can share their experience in solving a complex tasks. According to the results of the hackathon, the best participants will have the opportunity to win main prizes and work in the Distributed Lab team. Participation is free!

You can find detailed information on the official website:

http://blockchainua-hackathon.com/en   

And on the facebook page: https://www.facebook.com/events/132035664368212/

See you at BlockchainUA!

Promo Code for The Coin Shark readers – 15%

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.

The CEO of Circle Believes That a Clearer Policy of the SEC Will Cure the Crypto Industry

The CEO of the project Circle, backed up by the major bank Goldman Sachs, Jeremy Allaire started a thread on Reddit together with his co-workers, where they debated the accomplishments of the company in the recent time, talked about prospects for the future and discussed the overall situation on the crypto market.

According to the representatives of Circle, one of the main issues with crypto in the US is the lack of regulatory framework and, most importantly, the inability of the Securities and Exchange Commission to clearly define cryptocurrencies as belonging to a particular type of assets.

We remind you:

The SEC: Unlike ICO Tokens, Bitcoin and Ethereum Can Not Be Securities

There absolutely needs to be more regulatory clarity to really make this fly — in particular around who can issue these, how they can be stored and transmitted, and what markets can allow their trading. There’s a lot of attention on this and we absolutely expect to see these issues resolved and for far more real world experiments to hit the markets this year,” said Jeremy Allaire.

Also, the CEO of Circle claimed that the US should follow the example of France and have a separate kind of taxation for crypto-to-crypto transactions.

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“51% Attack” Hit Ethereum Classic: A Full Analysis Of The Process

As we have reported earlier, Ethereum Classic was hit by 51% attack, it means that hackers obtained more than 50% of network’s mining hashrate.

A Malicious “51% Attack” Hit Ethereum Classic, The Loss Allegedly Accounts For $460 000

Slowmist, Chinese-based blockchain journal, has released a full report on the attack. The earliest hit occured on January 5, the culprit hacked some exchanges, like Bitrue, Coinbase, Gate.io, however, this was noticed only two days later.

The first action was a transfer of more than 5000 ETC from Binance to the criminal’s address 0x24fdd25367e4a7ae25eef779652d5f1b336e31da. This amount of coins moved to a mining node, that created block 7254355. After that, the hacker deposited 4000 ETC to Bitrue exchange in block 7254430, yet, this transaction vanished from the Ethereum Classic chain. Another 9000 ETC was stolen in the same way. The Bitrue address 0x2c9a81a120d11a4c2db041d4ec377a4c6c401e69 no longer exists, and the official history is clear. Though, Bitrue managed to save some records:

The scheme of the hacker attack is simple:

  • make a deposit;
  • withdraw to a safe address;
  • to double coins – just move the coins to other addresses.

One of the biggests victims is Coinbase exchange. It was estimated that the loss from the attack accounts for $1 million. The above-mentioned report also provides the information about two attacker addresses which were blackmailed by Coinbase later. They are:

– 0x090a4a238db45d9348cb89a356ca5aba89c75256
0x07ebd5b21636f089311b1ae720e3c7df026dfd72

In Twitter, one of users (nickname: @OGBTC) claimed that he knew the culprit personally.

https://twitter.com/OGBTC/status/1082559086070136832

Another user (nickname: @sebseb7) indicated that it was he who knew the hacker.

The “51% Attack” is over for now. All we can do is to estimate the losses and to take measures so that it will not happen again.

The report also stated:

“[W]e recommend that all digital asset services platform block transfers from the above malicious wallet addresses. And strengthen the risk control, maintain a high degree of attention, and be alert to double spend attacks that may erupt at any time.”

We remind you:

The Dark Overlord Threatens To Reveal The Truth of 9/11 Attacks Unless Ransom in Bitcoin is Paid

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