Is Dubai Going to be the First Blockchain City of the Future?

The city of Dubai is already ahead of others and also ahead of time, it is luxurious, expensive, bright and also one of the most technologically developed cities in the world. Moreover, by next year of 2020, it might turn into a smart city, powered by the blockchain technology.

The project Smart Dubai was founded to find and gather the most creative and interesting blockchain projects that will help to make the city switch onto the smart technologies.

The initiative is supported by the Sheikh, Vice President and many other officials of the highest rank.

Our vision is to make Dubai the happiest city on Earth”, says its official site.

In order to collect the best blockchain ideas, Smart Dubai launched a Blockchain Challenge. The main goal of this challenge is to find solutions and developers to implement the Dubai Blockchain Strategy 2020 and turn the city into the blockchain capital of the world by next year.

The final stage of the competition will take place during the Future Blockchain Summit which will be held in Dubai in April of 2019.

We remind you:

Akon Will Create a Crypto City in Africa

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Joseph Lubin: Introduction of Blockchain Technology Leads to Rapid Growth in the Global Economy

CEO of ConsenSys during his speech at the SXSW conference stated that the massive introduction of blockchain technology will allow the global economy to grow 10 times in just a couple of decades.

He stressed that there aren’t a lot of ordinary people now who are using products based on distributed ledger technology in their everyday life. After that, he compared the blockchain technology with e-mail which was not so widely popular in the 80s of the XX century.  

“There weren’t a lot of ‘normal’ people firing email around in 1983.”

Besides this, in his speech, Joseph Lubin recalled the upcoming Euthereum 2.0 update. He believes that a new version of Vitalik Buterin’s creation won’t have so many of the current flaws. Lubin also said a few words about the first cryptocurrency:

“In Bitcoin and currently in Ethereum, you need to have specialized hardware, burn lots of electricity, waste lots of computation, to basically keep everybody in sync. [With Ethereum 2.0, in 18 months] we’ll have a blockchain system much more powerful and scalable that uses orders of magnitude less energy.”

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On April 23-24 in Singapore, the Global Forum Blockchain Life 2019 Welcomes 5000+ Attendees and Top Companies at its 3d edition.

The global forum 2019 highlights four significant topics: Blockchain, Cryptocurrency, StartUps and Mining. More than 5000 people including industry top speakers, funds and investors, blockchain startups and world companies, crypto traders, developers and miners – all are going to join Blockchain Life 2019 to discuss the latest trends and ways of earning money in the crypto market.

Find out more information and get tickets: http://blockchain-life.com

Among the participating companies: Listing.Help, CoinMarketCap, KuCoin, Cointelegraph, BitForex, Neo, Nem, BitBlock Capital, IvoryBay Capital, Gravitas Holding, InfiniVision, Jets Capital and other famous enterprises from all over the world.

The list of speakers is constantly growing, check it here: http://blockchain-life.com

The previous Blockchain Life forum in November 2018 attracted over 4500 guests and became one of the largest world events in the industry. In 2019 the famous hotel Marina Bay Sands welcomes 5000 participants from 70 countries around the globe in Singapore.

Join world blockchain and cryptocommunity now: http://blockchain-life.com

The global forum is organized by the world listing agency – Listing.Help. The general partner of Blockchain Life 2019 is ELVN – a new, convenient and safe cryptomessenger, that pays its users for activity.

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TOP 5 Most Convenient Applications To Use And Work With Cryptocurrency

Cryptocurrency is one of the most promising and growing industries in our modern world. It is becoming more and more valuable to our society, as well as to the nations’ economies and banking systems, since people prefer more convenient ways of trading and transferring money. We therefore offer you to look at top 5 apps that the most convenient in using and working with crypto.

1. Keymano

Keymano is a top wallet that provides a customer with a myriad of opportunities. It’s very convenient, fast and secure. Managing crypto or fiat money through Keymano wallet is easy. Using Keymano wallet anyone can sell, buy or send crypto on the go. It is user-friendly and straightforward.

Connect Keymano Card and Wallet to get even more functions. This Card allows you to make payments online and in-store. Moreover, the user can withdraw cash at any ATM terminal.

Keymano is a fully-featured product which not only simplifies managing crypto but also creates more ways to use it. With Keymano any transaction (from buying coffee to money exchange) is simple and always available in any part of the whole world. Having Keymano you can:

  • pay with crypto in any part of the world;
  • pay with BTC, ETH, etc;
  • manage multiple currencies in one App;
  • pay online or in-store using Keymano Card.

2. 365Сash

365Cash is a platform that provides services to users in different countries by organizing P2P transfers of digital assets. By the time of publication, the platform overcomes 850,000 cryptocurrency swaps. Such a big number extols this platform over others on the market. The service also possesses the following features:

  • Its own large ecosystem which uses nodes for cryptocurrencies and works automatically.
  • The most favorable rates for customers. The service earns on the difference in sales rates due to a large flow of customers and hedging the risks of cryptocurrency fluctuations.
  • Fully automatic system of receiving and paying funds to customers using the most popular payment system in Russia – Qiwi.
  • In future, it is planned to expand the pool of available cryptocurrencies.

3. Quppy 

Quppy is multicurrency payment system with unique cross-platform applications.The wallet provides users the ability to share crypto assets via different accounts inside one single wallet as far as within a decentralized storage system. By the end of the month, users will be able to withdraw money in euro. The platform also have some interesting features:

  • Sharing all your crypto assets through various accounts on one single platform.
  • Superior security for users based on blockchain technology.
  • Fast cryptocurrency exchange and instant transactions;
  • Multicurrency support including Bitcoin, Bitcoin Cash, Litecoin, etc.
  • Integration of Nexo – a service of the world’s fastest instant credit.

4. Chatex

Chatex is a platform that makes transfers, exchanging or paying for goods much more easier for every customer. Cryptobanking facilitates access to the use of cryptocurrency for those who have never had a cryptocurrency wallet and who do not want to understand difficult passwords, 12 words, etc. The service eliminates the possibility of loss of big passwords or phones, since it allows you to regain access during a personal appearance to the certification center. Unique feature are:

  • The wallet is protected by an additional PIN-code and in exchange transactions between people.
  • Instant internal transfers without commissions. Instant purchase with any VISA/MC.
  • Respond quickly to digital assets management requests from your smartphone.

5. Waves

Waves is revolutionary mobile app which enables users to connect to the network and make transactions. It is a comprehensive, all-in-one app for mobile devices with an absolutely unique feature set that includes a crypto wallet, the Waves DEX, and fiat gateway. The biggest advantages of the platform are:

  • All traffic is encrypted, hence privacy and security are fully provided. Private keys never leave users’ smartphone and are never exposed to the web.
  • Supporting Face ID, Touch ID and Fingerprint scanning.
  • Trading on DEX, with the great tools and charts, it provides access to fiat and crypto gateways, so the customer can deposit, store, trade and withdraw other assets.
  • The customer can send tokens to one’s address book contacts, lease one’s WAVES, receive warnings about suspicious tokens and burn any spam assets he/she doesn’t want.

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Over 40 Bugs Were Found On Crypto and Blockchain Platforms In 30 Days

Computer security hackers, or more commonly white hat hackers detected over 40 bugs on different blockchain platforms in last thirty days, according to the report made by TNW. Interestingly, no bug seemed to be serious at first, yet, they all are very severe.

The platforms where these bugs were discovered include Coinbase, which has recently has a controversial situation with Ripple, Monero, Hacker One, Brave, Tezos, Block.one. About 13 companies 43 bug reports from February 13 to March 13.

The most vulnerability reports were conducted by e-sports gambling platform Unikrn, around 12 bugs. This is the biggest amount in the blockchain field. OmiseGo developer, Omise, took the second place with total six bugs report. In third place is EOS, there were five vulnerability reports.

Tendermint, consensus algorithm and peer-to-peer (P2P) networking protocol, took the fourth place with only four bugs. Two companies sum up the top 5 and they are decentralized market protocol Augur and smart contracts platform Tezos. White hat hackers noticed only three bugs in their blockchain.

Next firms are Monero, ICON, MyEtherWallet; it was noticed only two bugs on their blockchain platforms.The best result, if we actually can say so, goes to crypto exchange Coinbase, the company received only one vulnerability. The same result shows blockchain browser Brave.

White hat hackers got their rewards, in total it accounts for $23,675. Tendermint paid the most, more than $8000 for its four bugs. EOS contributed $5500, whilst Unikrn awarded $1,375.

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FUBT: Empowering Digital Assets and Boosting the Token Economy

In the recent couple of years, Asia has become the region that is ahead of everybody when it comes to technologies. Anything that is new, unique and has potential is quickly being implemented in the East, while the rest of the world is just thinking it over. Certainly, blockchain and digital assets are no exception to the rule. Dozens if not hundreds of businesses, companies and projects in China, Japan, South Korea etc. are creating new concepts, ideas and solutions using cutting edge technologies, like blockchain and distributed ledger technology, in many different spheres, especially fintech.

What is FUBT?

FUBT Exchange is a Hong Kong-based project, the main focus of which is maintaining a blockchain platform for trading digital assets. The exchange evolved from the FUBT Station. In July of 2017, first transaction were conducted through the upgraded platform. Afterwards the developers launched their own token – BXB, which skyrocketed by almost 25 times on the market. FUBT kept growing and expanding. At the beginning of 2018, it opened up departments in other regions of Asia, namely Seoul, Cambodia, Tokyo, Taiwan, Phnom Penh and even one in New York. Now FUBT is considered one of the leading blockchain platforms for trading digital assets in Asia.

Strong sides and interesting facts about FUBT:

  • In June of 2018, the platform already had around 650 thousand active users which serves as perfect evidence of the project’s trustworthiness;
  • FUBT’s daily capital turnover equals to around 400 million dollars;
  • The platform is expanding globally and provides multi-language support for better understanding of users from different parts of the world;
  • The transactions within FUBT are conducted in a fast and simple manner, moreover, they are protected against security breaches;
  • The exchange provides a variety of digital assets, overall about 100 kinds;
  • Four crypto trading areas (BTC, ETH, FBT) are available on the platform;
  • FUBT has a mobile app both for iOS and Android;
  • The team of the project consists of real professionals from the fields of banking, fintech, blockchain, investment etc.
  • Core values of FUBT are “Integrity, Innovation, Inclusiveness, and Win-Win”;
  • The project has ambitious goals of expanding further and establishing itself firmly on the market;
  • FUBT team is constantly looking for new clients, partnerships, opinion leaders and pays a lot of attention to user feedback in order to improve and prosper.

More details on this promising and innovative platform can be found here.

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Broke Pierce Predicts Crypto and Blockchain Future in 2019: DApps, STOs, Gaming

Cryptocurrency and blockchain technology are fast-growing industries which are showing great results in worldwide recognition at the moment. 2017 was the year of ICO and crypto rise, astronomical growth of cryptocurrency prices attracted a lot of investors and governments’ attention. Though, in 2018 the massive mainstream slowed down a bit due to a bearing market, yet, the crypto is not fully terminated. The blockchain technology, in its turn, started to gain momentum last year, thus many people think that 2019 is going to the year of blockchain.

Broke Peirce is a famous American entrepreneur which plays an important role in crypto world. In February 2018, Forbes put Pierce in the “top 20 wealthiest people in crypto” with an estimated net worth between $700 million and $1.1 billion. Let us look at the predictions that Pierce made.

dApps

Decentralized applications are computer apps that run on DLT, they are starting their own way on platforms like Ethereum, Tron, Cardano, but they definitely have future. Pierce said that dApps have to be scalable, fee-less and frictionless, since no one needs internet if “it’s slow, costs money and doesn’t’ scale.”

“We’re going to see big things being built, multiple applications hitting a million users,” Pierce said. “I love the fact that prices are down. When prices are up, very little gets built because teams don’t stick around. Everyone is getting rich too quick and that de-motivates people. All the best things I’ve seen built in this ecosystem have been built in bear markets.”

STOs

Security tokens have gained people’s trust long ago, as they work better and are more regulated than their brother – ICO. Pierce reckons that STOs will bring a lot of money to the market, because we will be able to see a massive “tokenization of the world’s fiat money, debt market, real estate, equities, and art.”

He thinks that STOs are the next wave in the development of capital markets. Unfortunately, ICOs did not manage to protect most of their customers, thus STOs is the future. Pirce assures:

“STOs are designed for investors and can have many provisions that are there to protect market participants.”

Gaming

Broke Pierce is famous not only in crypto world, but also in gaming industry,thereby he can see a cross-over and foresee that the gaming will thrive in 2019.

“Gaming is going to be a huge part of it,” states Pierce. “The earliest adopters at scale of crypto were gamers. That’s why Korea and China are so big. These were the markets where people played video games and bought and sold virtual currency for games like Second Life and World of Warcraft.”

To predict anything is always hard, we therefore cannot guarantee that above-mentioned will come true, yet we trully believe that digital revolution, including dApps, STOs and gaming, is about to come.

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