Where to Learn the Blockchain Technology and the Basics of Cryptocurrencies? 1126

where you can learn about blockchain

A lot of professions, which today are considered ordinary, some 10-20 years ago, did not exist at all. For example: video blogger, brand manager, manager of crowdfunding platforms, UX-designer, content manager, etc. There has been no  need for all these workers relatively recent, but today all of them can earn impressive fees.

Let’s talk about the professional branch of the future, which is only now emerging, and in the coming years will become one of the most demanded in the labor market – the blockchain technology. How to succeed in this industry?

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

  1. Why is blockchain technology a future?
  2. List of places where you can get education in this area
  3. Conclusion

1. Why is blockchain technology a future?

The topic of cryptocurrencies and the blockchain technology in general is quite debatable now. This industry shows an impressive growth dynamics. This is not surprising, because this technology “promises” in the future to make a revolution in virtually all industries known to man. The sphere of finance and cryptocurrency is just the tip of a huge iceberg. With the help of this technology, it is possible to significantly improve the efficiency of many processes, remove unnecessary intermediaries from the chain of interaction between people and, accordingly, significantly reduce costs. It is also possible to protect information, eradicate corruption, remove paperwork and much more.

In the last 3 years, the market has been showing a tendency to increase the demand for good specialists in this field. Not only large companies (like Telegram) can launch their projects, the market also has many startuppers who are able to conduct a fairly successful ICO and create a really high-quality product based on blockchain technology. But so far, the demand for such professionals is significantly higher than supply. For this reason, the world’s leading universities have developed various training programs for blockchain technologies. Let’s take a closer look at this list.

2. List of places where you can get education in this area

Stanford University. USA

Stanford-based professor Dan Boneh, 3 years ago, founded a course on the basics of cryptography and blockchain technology. It is worth noting that Dan does not take fees from his students and distributes this valuable information absolutely free of charge. The first stream was recorded only 100 people, today about 1 million people have enrolled for this course.

In order to be eligible for training, it is not necessary to have even basic knowledge in this field, but for better understanding of information, the professor recommends that you first familiarize yourself with the basics of Python and Unix.

During this course students study:

  • the structure of smart contracts;
  • consensus building systems;
  • the main aspects of crypto conversions.

University of Nicosia. Cyprus

This is the only place on the planet where you can get a master’s degree in the field of cryptocurrency. Training is divided into two parts:

  • The first is a free online course, which consists of 12 lectures. Here you can get acquainted with the basics of digital currencies. The teaching staff is quite strong, well-known people in the industry, Antonis Polemitis and Andreas Antonopoulos (author of many books, including “Mastering Bitcoin”) are conducting blockchain training.
  • The second one is directly training itself, which immerses students in the jungle of digital currencies. The price of the course is slightly more than 12 thousand euros.

Princeton University. USA

For 11 weeks in Princeton you can get a basic knowledge of the work principles of the most popular coin – BTC. The course includes 12 lectures in the recording and 11 presentation tables. All this is absolutely free. By the way, the course materials were recorded in 2015, but most of it is relevant to this day.

Duke University. USA

At Duke University, you can sign up for an absolutely free course, which is conducted not only by professors and teachers, but also by gifted and experienced students. Training takes place every Monday. Various events, talks, seminars, etc. are held.

University of Cumbria. United Kingdom

This university has launched a free online course, in which students are immersed in the subject of future finance. This blockchain course tells how money has changed over the course of its history, how it adjusted to the actual needs of humanity and what it will be in the near future.

3. Conclusion

Cryptocurrencies and the technology of blockchain are no longer a subject for discussion of a handful of geeks. In 2018, the vector of human development is already very clear. The demand for technology is confirmed by the courses in this field organized by the leading educational institutions of the world, as well as by the huge demand for specialists in the labor market. It is not too late to get a profession of the future, which will be relevant for at least 10-20 years.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Football Fans Will Soon Be Able to Buy Tickets for Games Using Blockchain 176

uefa launches a blockchain app

The UEFA wants the fans to have the smoothest experience ever. Right now, buying tickets for football matches is one of the most problematic areas: tickets are often falsified and stolen, moreover they are very hard to get. That’s why the organization is researching new technologies to fix the problem.

UEFA has recently announced about the testing of blockchain for developing a ticketing app. The app works via bluetooth on electronic devices and will be used when entering the stadiums.

The report said: “Fine-tuning and improvements took place at several test events, and the system was first used for 50% of the tickets distributed to the general public for the 2018 UEFA Europa League final between Atlético and Marseille in Lyon.

The Association will keep on developing its blockchain-based app, and, hopefully, football fans will soon have an opportunity to use it.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Forbes Published 5 Main Blockchain Tendencies for 2018 780

blockchain trends

Blockchain is one of the most rapidly developing technologies of all times. Its main features (speed and transparency) earned recognition and approval from businesses and companies from all over the world.

Forbes has conducted a research and established 5 major paths that the blockchain is likely to follow this year.

1. Companies actively implement blockchain. For example, we have recently reported about the pilot version of election in Ukraine conducted on blockchain.

2. Implementation of this technology follows a thorough research. With blockchain being fairly new, the more conventional fields that are not related to digital technologies or computer sciences treat it very carefully. For example, the Stanford University created a research center for possible introduction of blockchain in the future.

3. The hype is going to fade. Blockchain has been marketed as a panacea for quite a while. Many people were sure it would help to solve major world problems. However, the results coming from this technology, though being mostly beneficial, are not as phenomenal as everyone thought they would be.

4. New and smaller projects are more likely to implement blockchain since they are more adaptable to changes and upgrades. Huge companies like Amazon find it way more difficult.

5. The personal information on people and other important data will be secured a lot better with the help of blockchain. Scammers never rest, however, blockchain will ensure that they have the hardest time ever hacking and stealing.

Thus, we can definitely see a lot of potential for blockchain. More and more companies choose to implement it. Hopefully, this technology will keep flourishing and bring benefits to those using it.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Playboy Accused a Crypto Firm of Fraudulence 731

playboy is suing a crypto company

Playboy Enterprises submitted a lawsuit to the court of LA against the Canada-based company Global Blockchain Technologies. The plaintiffs claim that the abovementioned enterprise violated the contract concluded between the companies and refused to liquidate the damages ($4 million).

GBT was supposed to assist Playboy with implementing the blockchain technologies through an intermediary service. The firm, however, denies the accusations. According to The Los Angeles Times, GBT’s representative claimed:

Global believes it has a strong defense to the action and will be vigorously defending same.

We would like to remind that Playboy readers might soon get an opportunity to pay for it in cryptocurrency.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Facebook Is Not Going to Cooperate with Stellar 700

facebook and stellar will not be partners

As we reported earlier, Internet was full of rumours that Facebook was exploring the possibilities of the blockchain technology and wanted to outrun everybody else in this field. The news has neither been officially confirmed or refuted by the representatives of Facebook.

Meanwhile, the Business Insider mentioned in its publication that the blockchain team of this social network was negotiating with a couple of potentially promising projects, one of them was supposedly Stellar.

However, this time the response of Facebook was quite immediate. Its representative said:

We are not engaged in any discussions with Stellar, and we are not considering building on their technology.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Algorithm of Action for Victims of Scam ICO 1226

scam ico

The market for initial placement of coins is saturated with fraudulent projects, which initially promise to “change the world”, but after receiving funding, they stop being in touch. There are, of course, those which simply are not able to fulfill their obligations, and the product for which the investors’ money was spent is not necessary for anyone. Some particularly brazen scammers removing their site, leave on it not quite censorship messages, as it was with the Lithuanian startup, which wanted to “bring the blockchain” into the vegetable and fruit industry.

In this article, we’ll talk about what you need to do in order to get your money back if you have already invested it in a fraudulent ICO.

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

  1. Is it real to return your money if you’ve invested in a scam ICO?
  2. What to do in the beginning? Collect evidence
  3. Who to sue?
  4. What do you need to know about the court?
  5. Conclusion

1. Is it real to return your money if you’ve invested in a scam ICO?

As practice shows, surely, there have been similar precedents in history, but to a greater extent they concern only the United States and Canada. For example, in 2017 on the initiative of the SEC, the founders of the scam project Munchen returned 15 million dollars to their depositors. Another example, the organizer of the cryptostart PlexCoin Dominic Lacroix was arrested, sentenced to 8 weeks of imprisonment, and fined personally for 10 thousand, and his company for 100 thousand dollars.

The Securities Commission is actively working in this field, but, unfortunately, outside of North America it is not yet particularly developed. For example, in the CIS countries no ICO scammers have been caught yet. But, despite this, there is still a chance to get your money back. Please read this material to know what to do in such an unpleasant situation.

2. What to do in the beginning? Collect evidence

So, unfortunately, you have already realized that you gave your money to criminals, what should you do? To begin with, you need to collect as much evidence as possible:

  • screenshots of correspondence in Telegram or other messengers;
  • copies of e-mails;
  • white paper and road map of the project.

If you personally talked on the phone with the organizers of the ICO, then you need to contact the provider to give you a printout of your calls. If you have a personal contact in offline, you must specify the place, date and time of the meeting. If this happened in a public place, it is likely that the fraudster’s face has got into the surveillance cameras.

3. Who to sue?

The overwhelming number of ICO projects has a similar structure. Often, in order to start the production and sale of digital tokens, the organizers register a special issuing company. As a rule, they are created in the Seychelles or the Cayman Islands or in Estonia and Singapore. Unfortunately, finding out data about an issuing company is a rather difficult task. The only place where you can find out which legal body is in charge of this project is an agreement to sell tokens or Token Sale Agreement.

But, it is worth noting that a registered issuing company cannot conduct operational activities, and it is even more complicated to find any information about who conducts it than about an issuing company. Of course, you can try to look for tracks through the project team, but if the organizers of the ICO have created a scam from the very beginning, then they hardly indicated their real names there. Most likely, charges will have to be raised against the issuing company.

4. What do you need to know about the court?

The good news for victims of fraudulent ICO is that there are virtually no “loopholes” in the world where financial criminals can remain in the shadows. Banks from different countries of the world cooperate with each other and transmit information about the movement of money; therefore, to hide a large amount of stolen money every year becomes more difficult.

The bad news is that defrauded investors can demand financial compensation only through local courts of the countries in which the issuing company is registered. Litigation is not a cheap pleasure:

  • Estonia – 7-8 thousand euros;
  • The Cayman Islands – 30-50 thousand dollars;
  • Singapore – 80-130 thousand dollars.

These figures do not include government fees and other related costs. In order for “battle to worth the blood,” the amount of lost funds must significantly exceed the costs associated with the court. An alternative way to save money in this matter is to file a collective claim. For this it is necessary to collect in one place a certain number of the same deceived investors and to divide the costs equally.

5. Conclusion

There are a lot of scam projects on the ICO market, so it’s quite difficult for an investor who is starting not to get bogged down by criminals. But even if you have become a victim of swindlers, albeit low, but still there are the chances of getting your investments back. It is necessary to adjust to a lengthy lawsuit, which will also require financial injections from your side.

How to Spot a SCAM?

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

How to Remove Scammers from the ICO Market? Review of ILP Funding 1021

ilp as a solution of scamming

The ICO market is developing by leaps and bounds. If for the whole of 2017 all start-ups attracted a little more than $3 billion, then just for 5 months of 2018 this figure reached 13.7 billion. This method of collecting investment is fairly simple and very convenient for all parties. But it has a downside: the fact is that along with honest teams in the market there are a lot of scammers who simply take money from trusting investors. An unprofessional investor has a much higher probability of getting trapped than getting a profit. The ICO market does not have any administrative control, regulatory rules and verification. In this article we will talk about one of the options for solving this problem, namely ILP funding.

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

  1. What is ILP?
  2. The main advantages of ILP
  3. Forecasts for ILP
  4. Conclusion

1. What is ILP?

This alternative to IPO in the crypto world (and not only) was first proposed by the international company Tokenote. The abbreviation ILP stands for Initial Loan Procurement. To eradicate fraudulent schemes, all participants (both borrowers and creditors) undergo a procedure for verifying the identity through a digital ID. Only after this the borrower can create smart contracts, and creditors (investors) make investments. Directly crowdfunding takes place on the Blockhive platform, where internal currency is the HIVE token. The main idea of ​​the developers is the modernization of the ICO market and the elimination of its main shortcomings.

2. The main advantages of ILP

  • Combining the simplicity of the ICO and the legal responsibility of the parties. Clever contracts in this concept are signed by means of a digital signature, so they have legal force, and then they are stored in the blockchain.
  • All procedures meet the necessary requirements of international law, therefore ILP provides for prevention of money laundering schemes. This is achieved through verification and authentication of all participants in the process.
  • One of the main differences between ILP and ICO is the lack of funding based on tokens. The fact is that within the ICO, start-ups, in pursuit of initial investments, can release an unlimited number of tokens, creating a glut in the market. In ILP, there are loans, not tokens, so the problem of inflation is solved by itself.
  • Due to the fact that investments are fixed in the legal field under the guise of loans, they cannot be taxed. This is a huge plus, as in our time in many countries there are quite impressive taxes on the cryptocurrency.
  • Within ILP, investments are protected from speculative schemes, as investors derive their profits from the company’s real revenues, rather than from the artificial increase in the price of tokens.
  • ILP funding need not necessarily be related to cryptocurrencies, this method of attracting investments is much more universal than ICO (private companies, government structures, etc.).

3. Forecasts for the development of ILP

This method of issuing digital credits can potentially have a great future, since ILP is as simple as ICO, but it has a much greater range of functions, and is also in the legal field. For this reason, ILP is unlikely to be prohibited even in such countries as China, where the ICO is banned.

4. Conclusion

The ICO market is certainly one of the most highly profitable investment instruments in our time, but due to the lack of regulation, there are a lot of scammers here. A novice investor has virtually no chance of succeeding in this field. ILP is one of the solutions to the problem of fraudulent schemes in this area.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/