Your Daily Crypto News on Steemit September 29, 2017
- US Department of Homeland Security promoting the Startup Digital Bazaar!
- Solarin Smartphone: Blockchain instead of Luxury!
- What is it about Bitcoin Gold?
- LAToken research: Crypto Market reaches about 5 trillion USD by 2025!
- Vibe Token: A very anticipated coin will be launched!
The US Department of Homeland Security (DHS) has awarded a grant of nearly a three-quarter million US dollars to the blockchain startup Digital Bazaar.
The Virginia-based Digital Bazaar received funding of $ 749,241 from the Small Business Innovation Program (SBIR), according to a September 25 release. The subsidy of the department is intended to promote the development of suitable blockchains for a wide range of applications.
The company is working on a flexible software ecosystem. This is to manage digital registration information and digital wallets from a variety of identities and provide online access to use cases, according to the government. The software is developed for the Homeland Security Enterprise Initiative.
Digital Bazaar receives third funding
Digital Bazaar is already receiving funding from SBIR for the third time. The startup already belonged to several recipients of financial resources in summer 2016. In May of this year, a further subsidy followed. In this way, Digital Bazaar has received more than a million US dollars to date.
In statements, government officials characterize the Digital Bazaar Project as a focus on research and development, which is partly used to find a way to explore applications of technology within the DHS.
Douglas Maughan, Director of the Cyber Security Division, says:
Digital Bazaar will build on its current platform to develop a standards-based digital credentialing solution, coupled with a fit-for-purpose block chain, that will provide the new capabilities of the project, "Fit-for-Purpose Blockchains / Identity and Access Management." is available. Once finished, the enhanced product is positioned as the Ledger As A Service (LaaS) platform. The company will use the LaaS platform in several HSE pilot projects to demonstrate its capabilities.
They had tried it with a EUR 14,000 ( USD 16,540) smartphone and failed with it. Now the makers of the startup Solarin want to be successful with a blockchain smartphone. This is to be financed - of course - through a token-sale on an ethereum basis.
The smartphone startup Sirin Labs is now planning to develop a blockchain smartphone for the safe luxury of 14,000 US dollars, which is to be used to safely store crypto currencies. The manufacturer claims it would be the only smartphone in the world to be suitable for it.
The device is to be financed from October in a Crowdsale. Of course, Solarin does not just use kickstarter, but also obliges the potential buyers to buy a crypto currency, the so-called SRN token, developed by Solarin itself. The smartphone is expected to cost around 1,000 US dollars. It is unclear whether taxes are already included in this price.
On the smartphone named after Hal Finney runs a modified version of Android, which is called Shield OS. Users get 256 GB of memory, a 16 megapixel camera and some special security features. A "behavior-based intrusion prevention system" is to be used. There is currently no information on the processor and other details, such as the Librem-5 smartphone.
Own, "fair" Appstore
Solarin wants to develop its own appstore, which should be more fair than Google's Playstore or Apple's App Store because developers get 100 percent of the revenue directly. The apps in this store should be checked through security audits, in order not to endanger users. The store can also be paid with the SRN token.
The special feature of the device is the integration of blockchain technologies. This can protect the device from manipulation, write the makers. In addition, users can let the device mine crypto currencies if they are not currently using it. However, this is only recommended if the device is connected to the power supply.
An integrated cold-storage wallet can be used to store various crypto currencies. In addition to Bitcoin, Ether, Litecoin, Dash, Zcash, Dogecoin and others will be supported. As a blockchain backend Iota is used, researchers criticized there security deficiencies. The operators responded with an update, but deny the security threats.
The Crowdsale is to contribute at least 50 million US dollars, then the development of the smartphone is started. If more than 75 million get together, a PC is to be developed. If more than 100 million dollars come together, Shield-OS could also be released for OEM manufacturers. In the Whitepaper, there are some technical features that the manufacturers must adhere to.
The earliest launch date is 2019. As always with crowdfunding projects, I point out that the investment in such a project does not guarantee delivery of a finished product
About two months after the first hard fork that shook the Bitcoin network, which resulted in the split-up of the bitcoin blockchain and the emergence of the new crypto currency Bitcoin Cash, part of the community is discussing a new split of the original Bitcoin network. In recent days, there are signs that it could soon come to the creation of Bitcoin Gold. What is the purpose of this rumor?
At the end of August, for the first time, the rumor circulated that Bitcoin Cash Hard Fork did not necessarily have to be the last bit of Bitcoin Blockchain. As Bitcoin GPU, which also runs under the name Bitcoin GOLD and BGOLD and operates under the symbol BTG, a group of Bitcoin users presented themselves, which after the almost two years lasting distortions around the future scale of Bitcoin in the now two-track solution with Bitcoin and Bitcoin Cash still not represented. This group is primarily devoted to users who do not want to support the SegWit2x implementation in November and which is against the majority of the community.
In an earlier version of the website, as seen in a YouTube video of the YouTubers tplusd, Bitcoin describes GPU as a full-node implementation of the Bitcoin protocol. Furthermore, the message of re-splitting the bitcoin implies that, similar to the BCH hard-fork, a pro rata output would again occur to all Bitcoin holders - that is, "more free money" as it is called lapidary. A closer look at the website, however, soon caused doubts about the seriousness of the project, its design was too unprofessional, and the use of the English language was flawed.
Now, barely a month later, the thought-backs introduced at the time are taking a new Hard Fork within the Bitcoin network for the first time more concrete forms. For example, since September 25, a static page has now been displayed on the same website domain btcgpu.org, with the date 25 October only. The corresponding Twitter account Bitcoin Gold (@btcgpu) announced on the same day with a Tweet the #bgold exodus fork, together with the verse "Hodl BTC on 10.25 get free BTG on 11.1".
This is intended to suggest a similar path to Bitcoin Cash, by issuing an allegedly superior protocol to challenge the classic Bitcoin blockchain, especially its first hard-fork Bitcoin Cash. The new token will be lifted out of the cradle on October 25 and will be traded on crypto exchanges starting on November 1st.
To what extent a possible Bitcoin Hard Fork could actually have the relevance and firepower to seriously influence the Bitcoin network, however, may be actively questioned. As measured by the current information situation, it is not even safe to see that it will actually come to a hard fork, let alone that something similar could occur, as was the case with the formation of Bitcoin Cash. In any case, the project will continue to be interesting until 25 October.
LAToken's research team, which consists of representatives of Deutsche Bank and McKinsey-Alumnis, has prepared the first LAT Crypto Research, in which it is shown that the total market capitalization of cryptos can reach a volume of 5 trillion US dollars by 2025 , The full report is available under this link, the most important points are explained in my article.
Overall market capitalization can reach 5 trillion USD by 2015
The market capitalization of crypto-currencies has risen by 830% compared with last August and has now reached 150 billion US dollars. The adaptation rate of crypto currencies is roughly as high as that of mobile phones and the Internet, thanks to the advantages of blockchain, such as low transaction costs, security, transparency, and the ability to handle transactions across borders.
Image based on data from latoken.com
Up to this point, the use of crypto wallets can account for more than 5% of the world's population, since the adaptation rates for new technologies have increased significantly since the beginning of the 21st century. The number of crypto wallets, for example, has doubled since 2013 in every single year.
Today's average size of a wallet is $ 9,835. We expect the average size of a wallet to be over $ 12,000 by 2025, which would drive market capitalization to over $ 5 trillion. The demand for crypto currencies will be driven by the advent of less volatile tokens.
Asset tokens will encourage economic growth
According to LAT crypto research, the share of token covered by assets will account for more than 80% of total market capitalization by 2025. Because their value is tied to assets ranging from stocks and commodities to real estate and works of art, they combine the advantages of blockchain with the benefits of investing in property values.
Today's votality of the crypto market often drives investors to redeem their assets and migrate from crypto back to tangible assets. Asset tokens offers these investors an attractive alternative to combine the advantages of both investments. As a result, asset tokens could become indispensable for future portfolio diversification.
Significant examples are Token linked to Fiat currencies, such as Tether (in US dollars) or Digix (to precious metals), tokenized stocks, and oil and gold listed on the LAT platform. LAToken analysts expect the value of asset cryptos in 2025 to exceed $ 4 trillion.
Trading volume of Asset Token to $ 40 trillion by 2025
According to LAT crypto research, the trading volume of asset tokens can exceed USD 40 trillion by 2025; in the long term, it can even exceed ten times that of the traded assets. The current total value of the principal assets is $ 600 trillion, and the potential volume of asset crypto currencies is around $ 6 trillion.
Image based on data from latoken.com
Meanwhile, the tokenization of previously illiquid assets increases the market volume by 10 to 40%, as illiquid costs disappear.
LAToken is the first multi-asset tokenization platform
They have already offered the trade of real estate-covered LAT as an ETF on the LAT platform. You can keep it in its wallet, in addition to shares of Apple, Tesla, Google or other blue chips as well as gold and oil, in order to diversify the crypto portfolio with real material without changing it in Fiat.
Viberate, a blockchain platform for live music, has recently set a record as one of the fastest token crowdsales - 10.7 million US dollars in less than 5 minutes. Thus Viberate has advanced into the spheres of Brave, Bancor and Aragon.
From October 6, the Vibe Token - the main crypto currency of the platform - will be traded at Livecoin.net. "On the basis of numerous questions regarding the first listing, we believe that this is one of the most anticipated Coins 2017. We can hardly wait to see how the market will react, "said Vasja Veber, co-founder and COO of the Slovenian company. According to Veber, major crypto exchanges will soon follow.
In general, Viberate is a platform that brings together the entire ecosystem for livemusics. Currently, it serves as a kind of "IMBD for Livemusik", where profiles are ranked according to the popularity. Currently there are over 130,000 profiles of musicians that have been added by more than 50,000 contributors.
Vasja Veber also said:
The company has worked with some prominent consultants during the Crowdfunging campaign, including Charlie Shrem, one of the most famous faces of the global Bitcoin community.
Veber leads a large part of the recent success of Viberate back to the ability to act promptly.
He adds:
According to Veber, they will soon begin to release profiles of Booking Agencies and introduce a first version of their payroll program for contributors. "If you do not have vibes, you'll soon have the opportunity to earn some money to help the platform grow.
I wish you all a lovely Friday and a great Weekend!!!
Best regards
@danyelk
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Thanks for your post, actually I was expecting to read about Smart media tokens today.
Upvoted
Ohh yes I had that in my mind but then I was thinking that maybe many other people will write about it so I didn't.
But it is for sure some cool news for steemit.
Keep it up buddy and thank you for your daily comments on my posts :)
Thanks it's an honor for me.
It is an honor for me to have you as a true follower thank you for that and I will check out your blog now.
Great news thanks for the updates. Wishing digital bazaar the best and hope they get it right this time.
Your welcome and yes all the best to Digital Bazaar but with the DHS in the back I think they will do well.
Another excellent post as always. Thank you for the time, research and work that you put in, I resteemed.
Thank you very much you give me a lot motivation for my post tomorrow.
I am very flattered, keep them coming, and have a great weekend.
Will do and you sir have a nice weekend too :)
<3!
sorry but I don't get it sis???
new bitcoin cool
yup lets see how he will perform
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