TOP-7 Technological Blockchain Trends in 2019

The pace at which the blockchain industry develops is breathtaking. Blockchain contributed a lot to the technology development. But a lot doesn’t mean that it has nothing to offer to the world anymore.

Therefore in this article, The Coin Shark offers you to take a look at TOP-7 the most awaited blockchain technological trends of 2019.

1. Blockchain As A Service (BaaS)

Certainly, blockchain is one of revolutionary technologies of the 21st century. It is able to solve an incredible number of problems and tasks. Therefore, many start-ups and companies are working on the development of their own blockchain decision. One of such decisions is BaaS service, which is a cloud service for creating your own products on blockchain and smart-contracts.

Although, the world giants such as Amazon and Microsoft already provide BaaS service and the demand starts growing.

2. Hybrid Blockchains

There are several blockchain versions, one of which is a hybrid. Presumably, it will become a trend in 2019.

A hybrid blockchain is worth your attention, because there are several variants of its usage and namely its integration in a hybrid IoT, banking, supply chain and corporate services.

3. Federated Blockchain

Some people believe that 2019 is the year of a federated blockchain. The presented type of technology is an evolution of blockchain standards. It’s perfect for many private cases of use such as: the insurance recoveries, financial services,supply chain management etc.

4. Ricardian Contracts

This is also one of blockchain trends of 2019, which is basically a legal contract for mutual agreement between sides. Ricardian contracts unite legal contracts with technologies. In this case, legal contacts will be cryptographically checked and signed.

The uniqueness of Ricardian contracts is that they are simple for understanding. It spares mediators between technology and people.

5. Interaction between Blockchains

With time we see new blockchain based networks. It leads to formation of new chains, offering various network processing speed etc.

The interoperability of blockchain is aimed at improving the informational exchange between various networks and systems on blockchain basis. This trend improves  the compatibility of blockchains as well as makes them more practical for everyday use.

With interoperability of chains of blocks, as an example, you can send information from EOS into Ethereum chains of blocks. Several examples include: BlockNet, Aion, WanChain etc.

6. Stablecoins

Such coins unlike cryptocurrency have stable rate, since they do not depend on the condition of the market and they are supported by goods or by fiat currency. The brightest example of stablecoins is Tether.  

7. Security Tokens

Such tokens protect the investors’ rights during an ICO. Security tokens will become a trend in blockchain industry in 2019, since now we are observing the transfer from ICO to STO.

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Bitcoin Scams Are Not Relevant Anymore, Fraudsters Switched to Fortnite

Fortnite has created an actual revolution in the gaming industry, outrunning such giants as Minecraft and League of Legends. Epic Games, the creator of Fortnite, made around 3 billion dollars on this game in 2018.

However, such a wave of popularity can also attract organized crime. As reported by Independent, the inta-game currency of Fortnite, V-bucks, has been involved in multiple cases of scam, money laundering and other crimes.  

One of the most popular tricks of scammers is purchasing V-bucks using stolen credit cards and then resell them to Fortnite players at discounted prices, basically a classical money  laundering scheme. It used to be popular with Bitcoin-related scams, however, they are not as popular and numerous as they used to be.

V-bucks have flooded the Dark Web, the section of the Internet where you can purchase dangerous and/or illegal goods and services.

Threat actors are scoffing at Epic Games’ weak security measures, saying that the company doesn’t seem to care about players defrauding the system and purchasing discounted V-bucks. This directly touches on the ability of threat actors to launder money through the game,” said a representative of a cyber security company Sixgill.

We remind you:

The Developers of Fortnite Had a Merry Christmas: What Happened to the Game?

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Bitfury Launches Open-Source Music Platform Based on Blockchain

A UK-based mining firm, The Bitfury Group, has announced that it will launch a music platform which operates on the blockchain technology. This idea is not new, as  many other tech companies also tried to do such a platform.

The platform, named SurroundTM, will become a helpful tool for every musician, as it plans to create a new environment where it is much easier to manage the musicians’ affairs. In particular, the platform will simplify the process of transfer of copyright assets, the user will be able to see his/her output. Bitfury believes that SurroundTM will implement blockchain into music industry much further than anything ever before.

The CEO of the Bitfury, Stefan Schulz, commented:

“There is a very strong momentum for an open entertainment-related blockchain where market participants themselves would be participating in the market venue, not only from a transactional point of view.”

The company has offices in Europe, yet, it plans to expand the service and  establish offices in Tokyo, LA, Moscow, and Seoul. It also seeks the possibilities of providing a digital system for both monetizing and sharing intellectual property.

We remind you:

WordPress Launches Beta Version of Publishing Blockchain Platform

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The First Ever Joint Arabic Cryptocurrency: Details of the Collaboration Between UAE and Saudi Arabia

As we mentioned before, two major islamic states, United Arab Emirates and Saudi Arabia, agreed to cooperate on a joint project, namely a digital currency that will fuel cross-border transactions between the two countries.

We remind you:

Saudi Arabia and United Arab Emirates Will Release a Joint Cryptocurrency

The project is actively being developed. According to Emirates News Agency, the Executive Committee of the Saudi-Emirati Coordination Council had a meeting in Abu Dhabi to discuss the course of future work.

16 representatives from both countries took part in the meeting of the Committee.

The main point of discussion was the Strategy of Resolve which contains “seven strategic initiatives that reflect the bilateral integration in the fields of services and financial markets, tourism, aviation, entrepreneurship, customs and security, among others.”

Also, the pilot version of the joint Arabic cryptocurrency was launched during the meeting. The new token “will be strictly targeted for banks at an experimental phase with the aim of better understanding the implications of Blockchain technology and facilitating cross-border payments.”

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New From Samsung in 2019: How the Tech Giant Will Surprise in the New Year?

The sphere of technology is evolving so quickly that we do not even notice that now a computer is always with us. You understand what we mean. But you must admit that if you heard that you can carry your computer anywhere, you would be surprised at how you can fit a rather big device, which consists of a large system unit and a monitor. Today, a computer is a modified concept that can be applied to smartphones, tablets, smart watches, and even televisions.

Such change is the merit of just a few companies, one of which is Samsung. Therefore, it is worth considering how a global monster is going to surprise the world in 2019.

The TV that controls all your devices

Samsung will release a TV which can be connected to a PC and keyboard, but this is only the beginning. The company integrated Remote Access function into its new product, which will allow to manage the entire range of mobile devices, such as smartphones and tablets.

At the moment, it is not fully known how the new generation TV will work. It is assumed that it will receive access to devices through an application that should be pre-installed on a PC, a smartphone and a tablet.

Remote Access technology will be available worldwide. It will provide access to the central server virtual machines. It will provide users with access to their computers absolutely from any place with Internet.

New item is eagerly anticipated by cyber sportsmen and ordinary fans of computer games, since it will be possible to play on a big screen without an HDMI cable.

More than just a smartphone

Apparently, Samsung seriously took up the Remote Access project, the essence of which is to provide interaction between devices of such a level that there is absolutely no difference for users on which device the content is stored.

The brainchildren of this project are well-known solutions – DeX and DeX Pad, which allow you to turn the Samsung Galaxy into a PC.

Smartphone with six cameras

One of the models of the Samsung Galaxy S10 flagship series will have six cameras. It is reported by The Wall Street Journal.

For now, this gadget is referred to as Beyond X. In addition to 6 cameras, it will get a 6.7-inch screen and a 5G network adapter. Simultaneously with a six-camera smartphone release, launch of three more devices with screen sizes varying between 5.8 and 6.4 inches is planned.

The official presentation of four new products by Samsung is scheduled for February 2019, and in April of this year the world will see the announcement of a flexible phone.

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WordPress Launches Beta Version of Publishing Blockchain Platform

WordPress is planning to develop and launch a special publishing resource that will work on the blockchain technology. It is already known that the developers will call the platform Newspack. It will be free to post materials. The creators of the platform are confident that the use of blockchain in this case will affect the development of journalism.

The development of modern blockchain blogs

Now the developers are preparing the beta version of the platform for launch, which is planned for the middle of this year. However, anyone can already put the resource to the test. The feature of Newspack is that it will have its own version of CMS, which will allow editing content directly on blockchain. This will not affect CMS negatively, but vice versa will expand possibilities for ordinary users.

Until launch of the platform, the project will be financed by Automattic, and after all the users will be charged $ 1-2 thousand per month. There will also be a free version available, which will have limited functionality. The end of the platform development including the integration of all additions is scheduled till January 2020.

According to the information posted on the WordPress blog, Google will finance the platform, investing more than $ 1.2 million in its development. Civil Media’s progress is supposed to be used in order to use various plugins for CMS blockchain version.

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All You Need to Know About Samsung Galaxy X

These days it’s getting harder and harder to surprise somebody when it comes to smartphones. That is why Samsung came up with something quite unexpected, even bold – a phone that can bend.

Source: Yandex News

There is still not much information about this mystery phone, maybe it is a marketing strategy of Samsung. However, some details did leak into the web, and we are going to share them with you.

Firstly, there is a possibility that the foldable phone will be called Samsung Galaxy X (reminds us of something, doesn’t it?). The other version is Samsung Galaxy F.

The latest Samsung novelty will be available for purchase some time in March of this year.

Moreover, Galaxy X is going to have a 4.5 inch screen that opens into a 7.5 inch screen. Also, it will have a brand new One UI interface.

This is pretty much all the info available at the moment. With no doubt, the new Samsung Galaxy X will become a breakthrough in the world of smartphones. It is said that the main competitors in the industry, like Huawei and LG, are also working on a similar concept.

We remind you:

Huawei Is Coming at Samsung and Its Phone Galaxy 10

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