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Bulgarian authorities seized more than 200,000 bitcoins from criminals back in May, an amount which now has a total value of more than $3 billion.
RxEAL, a new platform for secure rental deposit storage on Ethereum blockchain, has just launched its token presale. RxEAL aims to solve the problem of the growing number of security deposit disputes, by providing a simple way to create smart contracts and offering a decentralised dispute resolution. Currently, the company’s main focus is on real estate and automotive rental markets. The token presale will remain open to investors until the 31st of December 2017; the actual ICO will start on the 31st of January and will last until the beginning of March.
A REAL-LIFE SOLUTION TO A GROWING PROBLEM
More people than ever before are involved in real estate, car and other rental transactions, resulting in more disputes about security deposits every year. A significant amount – almost 50% – of all security deposits globally are subject to disputes that destroy value for everyone — both lessors and their lessees. 6,000,000,000 EUR are annually lost due to disputes in the UK alone.
“Our mission with RxEAL is to have a world where no security deposit is disputed. To create more value for shareholders of lessors and also benefit the lessees. Using blockchain technology, this can be done in a secure, simple and accessible way,” says Dmitris Orlovs, co-founder and the head of business strategy of RxEAL.
The RxEAL platform is a solution for eliminating the growing number of fraud cases in rental transactions associated with unfair withholding of funds from the security deposit at the end of the rental agreement. Within the RxEAL platform, users are able to generate smart contracts based on terms both parties have agreed on. The contract will ensure that the deposit amount would be stored securely on Ethereum blockchain throughout the course of the agreement. In the event of a dispute, the platform will provide a decentralised and independent arbitrage conducted by qualified members who earn RxEAL tokens for resolving the dispute. The RxEAL approach eliminates the possibility of breaching the contract terms, hence solving the issue of trust associated with rental deposits.
THE LATEST WAY TO PROFIT FROM REAL ESTATE
With many new ICO projects emerging and many not making it to the top, industry experts say that RxEAL is an accessible future solution, which is understandable and realistic enough to consider investing in it.
Janis Murmanis, partner at Timbero Latvia Ltd construction company, is convinced that: “This is an innovation for the industry that is in a constant need for upgrades and solutions to resolve long-standing problems, from which one of the biggest is, in fact, deposits. RxEAL is simple and accessible in its mechanics, which makes it the latest way to profit from the always-great real estate industry,”
To find out more, visit the RxEAL official website: https://rxeal.com
Presale: December 4th, 2017 at 12:00 UTC
Presale ends: December 31st, 2017 at 12:00 UTC or upon reaching the presale cap.
*Presale participants can buy RXL tokens with 100% bonus at a fixed rate of 0.00125 ETH.
Start date: January 31st, 2018 at 12:00 UTC
End date: March 2nd, 2018 at 12:00 UTC or upon reaching the token sale hard cap.
Extending the virtues of decentralization to universal freelance empowerment where employers place a much higher emphasis on technology and automation, rendering the traditional work schedule nearly obsolete is providing more convenient and effective service delivery processes across the globe.
Working from everywhere
Companies hire people from all over the world while maintaining operational efficiencies and reducing costs. The digital world allows for a company to hire a software developer from Brazil, a user experience designer from England, and community manager from India. This is a major advantage to both parties: task performers are no longer bound by geographical location and task posters are able to hire from the global talent pool.
Even though the freelance marketplace has experienced huge adoption and the existing platforms enjoyed significant patronage, the current marketplace structure with is dominated by centralized platforms still leaves room for more convenient and effective services.
With companies like Fiverr, Taskrabbit, Upwork, and Mechanical Turk having their workforces distributed throughout the world, the setbacks that arise from transaction fees and relatively slow speeds of transaction leaves room for better developments and experiences.
A more effective system
Blockchain as a decentralized ledger whose functions are secure, transparent, fast and effective offers an unmatching solution that enhances the transaction and procedural performance of the global freelance ecosystem.
By using the STORM Token, StormX Inc in partnership with leading industry players such as QTUM, Jaxx, Kyber Network, ZenCash and Bancor is creating a platform that improves the efficiency and compatibility of the freelance marketplace, making it possible for anyone at anytime to earn from anywhere across the globe.
StormX, Inc. has a strong history of success amassing over 1 million downloads across 187 different countries through its application, Storm Play. The platform is powered by an underlying ERC-20 token that will facilitate transactions within an opt-in, secured, gamified marketplace, that will eventually be run by blockchain based smart contracts on Ethereum. These token are currently available to the public in a crowdsale which closes on December 7 2017.
A team that delivers
The performance and success so far of the STORM Token can be linked with a robust technology which is not only backed by established companies, but also enjoys the support of top industry experts in its advisory team. These experts include the likes of Bill Shihara of Bittrex, Anthony Di lorio of Jaxx & Decentral, Jeff Pulver of Voip Vonage and Tom Bollich of MadHive, among others.
Blockchain technology and decentralization continues to open up more opportunities, creating room for improved innovation empowerment of humankind. The use of tokens as tools for secure transactions and effective liquidity is a blessing that the world will appreciate for a very long time.
Storm Token ICO is finishing within the next day, so participants need to hurry.
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In the stiff-competition crypto market, T.V is getting major Exchanges support. When a convenient idea is crystallizing into a project and gets early Exchange attention, the promises are merely bright. It’s the story of Ti-Blockchain’s project. A tale of combining the best of both worlds.
Project at a glance
Ti-Blockchain is a public Blockchain ecosystem development platform that harnesses the capabilities of Ethereum and Storj into user-ready applications. The latter are intended for solving problems in the financial sector, in education, health care, source tracing and information sharing, and the list goes on.
As of press time, Ti-Blockchain is developing a proprietary ERC-20 Token on the Ethereum Blockchain: it’s branded T.V for “Ti-Value”.
The token utilizes the Blockchain encryption signature and time dimension to authenticate commodity information. In other words, it can verify the report, trace the source and record the evaluation while serving as a fuel (or a cryptocurrency) of the Ti Blockchain.
In fact, a cutting-edge transparent Blockchain technology will incentivize the creation of a healthy market while promoting integrity, and protecting copyright information. The stakes are high and numerous, and so are Ti-Blockchain’s business opportunities.
We are talking about high-performance EBP (Enterprise Blockchain Platform), eliminating businesses’ fear of the application of Blockchain technologies, and translating abstract Blockchain technologies into a series of visual, configurable and user-friendly tools. The project’s purpose encompasses curbing Blockchain development costs and enriching the up and coming digital socio-ecological model.
Ongoing Business Projects
Solid and growing, the Ti-Blockchain team has already harvested the fruits of its dedication:
Jiuzhaigou TV-based Agricultural Science and Technology Co., Ltd. application is set up and running, for the notorious wine planting project. The big announcement is pending formal cooperation contract signature with Jiuzhaigou. Such an event would present Ti-Blockchain in mass media, and is expected to raise a wide public attention. The signing is expected to take place during the official wine-planting project kick-off ceremony.
Further, from fine wine, Ti-Blockchain is targeting social media through the upcoming kg.com.
T.V will be the value circulation medium in the overall structure of the website. In other words, T.V Token will lead the value transference commands on kg.com.
To boost T.V Token market cap, Ti-Blockchain team is in the process of partnering with top-shelf game development companies to build mini-games fueled by T.V. This would allow users to trade token as during recreational activities.
Furthermore, a T.V traceability mall branded “Pupu”, has been tested and will be officially launched in the near future. The first product sourcing application would trace the wine of the Jiuzhaigou project. Other traceability applications primarily target some of China’s National Intangible Cultural Heritage Commodities and would have their applications harvested in Tourism and Culture preservation.
Ti-B expected to go mainstream
The project is promising by all means, and materializes the hopes and dreams of a young yet accomplished team.
Early support and adoption came from “P.Z” of China’s huge Litecoin community. In fact, PZ’s multi-currency wallet supports T.V token. Many more wallets are expected to follow in the near future, giving users more choices of stable feeless cold storage options.
Trading Exchange approval
For value creation, the team is partnering with major crypto-exchanges. As a matter of fact, T.V tokens started on the RADAR wallet on November 3rd, 2017. RADAR is a digital wallet based on the RADAR Blockchain and supports RTXP global digital financial protocol.
More about EXX
Partnering with zb.com, EXX is already up and running, and starting to attract an eager Asian as well as International audience. Operated by EXX Group Limited, EXX is an abbreviation of Exchange X. It offers cryptocurrency trading such as Bitcoin, Litecoin, Ethereum and Ethereum Classic. It was September 2017 and is currently based in Hong Kong. The growing Exchange is listing T.V token already on its platform, while pending further development and official quick-start. One thing is sure, every success condition has been settled down by the Ti-Blockchain Team. And success might be just around the corner.
By decentralizing, this cloud-gaming company based in Russia aims to expand into the U.S. and Asia.
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In a new application released by the USPTO, Apple describes how it might use a blockchain-based platform to generate and secure timestamps.
Business is a constant flow of transactions, which are actions with assets. It can be buying, selling, exchanging, renting, lending, pledging, assigning rights, granting licenses and so on… And the easier and faster the transaction is, the better. Ease and speed often depends on the degree of liquidity of the asset involved in the transaction. The reasons for low liquidity might be the following:
Multiple asset owners — this creates barriers in which effective communication is needed so that a common understanding can be agreed upon.
Enter BANKEX, a technology poised to solve the issues of asset liquidity by increasing asset auditing in real-time, decreasing the price of evaluating an asset for a particular deal and increasing the speed at which a deal is realized such as selling, loaning and sharing.
BANKEX merges the concepts of Bank-as-a-Service (BaaS), Proof-of-Asset (PoA) protocol and distributed technology to enable information to be passed in real time using a blockchain.
BaaS is a model that enables fintech services to be offered without the need for brick-and-mortar financial institutions. Through the use of application programming interfaces (APIs) and a refined technical process, BaaS unleashes unexplored possibilities for financial products in various business sectors.
The ushering in of this new model comes at a time when fintech is evolving at an unprecedented rate. The decentralized BaaS model coupled with the use of smart contracts could solve the problem of trust for traditional banks.
By utilizing the PoA protocol, BANKEX supports companies in successfully getting access to global capital with the ISAO procedure. This value for investors also includes the ability to track portfolio profitability and boost income. As a result, this protocol will be widely available for third-party fintech providers — including artificial intelligence (A.I.) and Internet of Things (IoT) labs — and traditional financial institutions, along with the broader community of asset owners.
The BANKEX PoA protocol can ensure increased liquidity of any asset while allowing it to be used as an investment tool. The technology is executed through a process called “tokenization,” which protects sensitive data through an algorithmically generated number called a token.
Tokenization is similar to how a website address represents an IP address on the internet. Through its protocol, BANKEX is able to convert the rights of an asset into a digital format on the blockchain, making it globally available to be traded on an asset exchange. BANKEX tokens have both utility and security — serving as a gateway to the platform while being backed with real-world assets. To tokenize an asset, the company must ensure that said asset generates cash flow.
This guarantees a high level of financial, legal and tech oversight throughout the tokenization process for any business at any level of maturity. The blockchain undergirds this process, ensuring that all data becomes uneditable, irreversible and always available to confirm proof of the assets’ existence and state.
BANKEX Applied to the Real World
BANKEX is offering a new level of fintech solutions to a broad range of entities, from corporations to young entrepreneurs. The aim is to assist businesses in funding their projects through the combination of new technology coupled with the power of the global investment community.
The following hypothetical case of a retail chain store is just one example of how BANKEX’s Proof-of-Asset protocol can be applied to a wide variety of industry sectors comprised of both small and large companies.
John has a small retail chain that he would like to expand by franchising to other cities. His business model is profitable and already consists of five stores working under his franchise agreement. Supported by BANKEX, John issues tokens that are backed by revenue from new stores. This should guarantee profit in new stores by allowing token holders to purchase products with their tokens. He has installed a cash register that will be able to update the sales results of every store. Token holders will receive a return on their investments, in some cases holding enough tokens to take part in decision making. John’s business will become more attractive as BANKEX solutions assist him in opening new stores throughout the country.
BANKEX Due Diligence
With its Head Office in New York, business development office in Singapore, strategic partnership in Tokyo and engineering team in Moscow, BANKEX offers innovative fintech products and services with far-reaching implications, including applications within the traditional finance and investment sectors, micro-financing, real estate as well as access to historically illiquid assets, natural resources, and futures markets.
BANKEX is a member of the Enterprise Ethereum Alliance. EEA members include financial and technology companies and funds such as JP Morgan, UBS, MasterCard, Intel and consulting companies such as Accenture. BANKEX is meanwhile honored to count Balanc3, a ConsenSys formation, as advisors.
BANKEX has also formed a number of strategic partnerships with prominent industry players including Microsoft; Symphony Software Foundation; Soramitsu; the Entrust Group; Chronobank; and the Moscow Exchange (MICEX).
BANKEX has already announced a collaboration with MovieCoin LLC. led by Hollywood Oscar-winning producer Christopher Woodrow. By utilizing smart contracts and BANKEX’s proprietary Proof-of-Asset protocol (PoA), smart asset MovieCoin will allow institutional and individual investors to invest in the motion picture industry.
The BANKEX token sale started on November 28, 2017. As of December 1, BANKEX has raised more than $20 million USD. The company is listed among the top 50 token sales in the world.
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