Blackcoin is a peer-to-peer cryptocurrency or digital currency which has a distributed and decentralised public ledger, which unlike traditional banks can be viewed and audited easily by anyone. In Blackcoin anyone can open an account just by downloading the software and this bank cannot be shutdown and has no owners. It is the first coin to have working smart contracts. Accounts can't be frozen in Blackcoin and it's completely anonymous, free of cost and a lot more secure than what traditional banking is. Blackcoin is the first coin to go fully proof of stake and is the future of what is called banking. 

Blackcoin Lore

Blackcoin Lore is the new update which has incorporated Blackcoin's own open source code development with the technology of Bitcoin core version 0.12 which has made Blackcoin Lore to be the first proof of stake (POS) cryptocurrency to have had implemented technology as such as that. One of the crucial historic reasons for the use of Blackcoin is it's fast verification speed and transfer speeds, but these speeds have seen an improvisation with the advent of Lore which has led to the reduction of the verification time by about 50 percent and is upto a maximum of five times faster than the version previously present under certain conditions. Lately the wallet synchronization time had puffed from several hours to upto a day or more but this update has now addressed the inconvenience by greatly improving user adoption. Advancements in the grounds of security, stability and also in the removal of things such as the bugs are present in theupdate. POS 2.0, which was previously present at the core of Blackcoin's technology has completely been reconstructed and renovated and has been replaced by Blackcoin POS. Blackcoin Lore has made Blackcoin the first POS Cryptocurrency to adopt Bitcoin core 0.12. 

Blackcoin, the KING of POS

Projects like Stratis en QTUM which are an open source community which has the aim to develop a system of blockchain have collected a lot of funds. The decentralised platform has raised $12.25 billion during the initial eighteen hours of it's initial funding round or ICO. It is an open source project which has been based on a blockchain platform which allows execution of smart contracts. One of it's foundational goal is to promote and to facilitate access through mobile to the blockchain technology which is known as the "Go Mobile" strategy. This developmental project has decided to depend or rely upon Blackcoin for it's development, core formation and operation. It is made upon the Bitcoin 0.13 and plans to have Blackcoin's POS 3.0 consensus model incorporated. Post testing multiple POS consensus model, decision to take up Blackcoin POS 3.0 for integration into the Bitcoin Core 0.12 is taken because Blackcoin's POS 3.0 is sophisticated and clear explanations aren't present in the code which describes the sections which associate with the others. The code has been distributed into many numbers of files and the challenge is to identify markers which allowed qtum developers to have tagged the portions which could be ported. This has attracted it to base itself on the platform of Blackcoin.

Resources:

www.blackcoin.io

www.reddit.com/r/blackcoin/ 

Waves CEO and founder Sasha Ivanov and Russia's business ombudsman Boris Titov have signed an agreement to establish a new ICO incubator entitled 'People of Growth'.

Boris Titov, the Russian business ombudsman and billionaire politician, is creating a new initiative for entrepreneurs and growing companies, hosted on the Waves blockchain.

Whilst there have been a large number of crowdfunding success stories in the blockchain space in recent months, with multiple eight-figure raises, the goal of this project — called 'People of Growth' — is to help companies in the real economy to leverage the benefits of ICOs. This new financial instrument allows them to raise money in cryptocurrency for their projects, from supporters all over the world, regardless of the sector in which they operate.

The cooperation between Titov and Waves began 6 months ago, when the Upcoin token was launched as an engagement tool for the Party of Growth, for which Titov is chairman. Partiya Rosta is a minority political party with a strong base of grassroots activists. Upcoin, a token hosted on the Waves network, was integrated into a loyalty programme that rewarded supporters for their work for the party.

Upcoin has the distinction of being the world's first ever blockchain social project, signalling new directions for blockchain applications. Now, this involvement has been extended to a new level with the creation of People of Growth. Whilst traditional loans are typically expensive and difficult to secure in Russia, businesses have proven interested in ICOs as a promising new vehicle for raising seed funding and to accelerate the launch of new business ideas.

'We're really happy to sign this agreement with Boris,' explains Waves CEO Sasha Ivanov. 'It's a fantastic opportunity to push blockchain adoption to a far wider community than the traditional crypto crowd, which of course has always been our vision for Waves. We always intended to be "Blockchain for the people" and this is another great step forward in that direction.'

Are central banks all that bad, really? According to one economic analyst, they're the reason Bitcoin is headed for great things. Nathan Martin from the Economic Edge blog posted an analysis on why Bitcoin is not a bubble. His four reasons make a lot of sense.

Decentralization

The power of Bitcoin rests in its decentralized nature. Because Bitcoin is not owned by any centralized banking system (unlike national currencies), the value cannot be arbitrarily manipulated by currency production (i.e. the devaluation of the German Mark, post-WWII). This gives Bitcoin the stability of a commodity like gold.

Supply

The supply of Bitcoin, unlike all other items of value like gold or currency, is strictly limited. There will never be more than 21 mln Bitcoins ever mined. The market is at 80 percent of that number, and will never exceed it. Mining is only getting harder, and the value of each coin will continue to increase.

Security

Decentralization and encryption mean that Bitcoin is secure. It cannot be manipulated by external forces and cannot be confiscated, apart from the hard copy key, which is held only by the individual user entity.

Fraud-proof

Because all Bitcoin transactions are recorded in the Blockchain, the opportunity for fraud is minuscule at best, and immediately traceable.

With unsurpassed security, zero external manipulation and a limited supply, there is no reason why Bitcoin should not continue to increase in price for the foreseeable future, says Martin. Bubble concerns are based on markets where these factors are not in effect.

According to Martin, while a bubble is certainly a possibility in the distant future, the valuation point for Bitcoin is only being tested by the recent gains. Martin argues that this current rise will, over time, be seen as building a base for far greater increases to come.

The Dubai government has partnered with UK startup ObjectTech to bring blockchain-based security to the emirate's airport.

ObjectTech said this week that it is working with the Dubai Immigration and Visas Department to develop digital passports that can potentially eliminate manual checks at Dubai International airport.

According to the startup, the system combines biometric verification and blockchain technology, and will use a "pre-approved and entirely digitized passport" to authorize passengers' entrance into the country. The system will further verify individuals through a three-dimensional scan via a short tunnel as they walk from the aircraft to claim their baggage.

Using blockchain technology, the startup said the digitized passport will incorporate a feature called 'self-sovereign identity' for privacy protection, which it claims allows passengers to control which parties can view their passport information.

Paul Ferris, co-founder and CEO of ObjectTech, said in a blog post that the aim is to make the border process quicker and safer for international travelers, and also give passengers full control of their digital data. A pilot program is anticipated to be ready by 2020, although a detailed project timeline remains unclear.

In the post, the initiative was framed as one part of the Dubai government's commitment to stay 10 years ahead of the rest of the world in public services.

As part of that ambitious process, the Dubai government has concluded the second round of Dubai Future Accelerators program, with 28 innovative startups signing up to work on projects with the authority. The collaborations mainly cover public sectors such as healthcare, education and utilities.

A group of Spanish banks has formed the country's first blockchain consortium. Wholesale bank Cecabank announced the effort today, partnering with professional services firm Grant Thornton.

Who's involved: In its announcement, Cecabank doesn't say which other institutions are taking part, stating that it "comprises 33% of the Spanish banking sector". However, according to Spanish newspaper El Pais, the group's membership includes Abanca, Bankia, CaixaBank, Kutxabank, Ibercaja, Liberbank and Unicaja.

It represents the first major foray into blockchain for these companies, as other Spanish banks, including Banco Santander and BBVA, have been working with the tech for some time.

What they're saying: Thus far, only Cecabank has commented publicly on the consortium effort, describing it as a way for its employees to get a top-down understanding of the tech – as well as possible insight into how the bank might actually go about using it.

"Employees of all our functional areas are not only going to gain an in-depth understanding of the technology, but also of all the new features that arise, which is indispensable, considering the momentum for constant progress maintained by blockchain," Jaime Manzano, its head of reporting, operational management and banking training services, said in a statement.

The goal? New products and services, according to Grant Thornton's Luis Pastor.

"Our intention is to help Cecabank to implement the technologies necessary for its companies to be the first to make good use of the advantages that blockchain is expected to produce," Pastor said.

(Shanghai, May 21, 2017)-Singapore-based blockchain service provider VeChain S.E.A, a subsidiary of the leading blockchain technology company in China, BitSE, is proud to announce it will join PwC's incubation program.

 

PwC and BitSE held a signing ceremony on Monday in Hong Kong with Raymund Chao, PwC Greater China Chairman, and DJ Qian, CEO of BitSE and VeChain, to make the agreement official. A second signing ceremony was held in Singapore on May 17 with Mr. Qian and Yeoh Oon Jin, PwC Singapore's Executive Chairman.

 

"In the journey of a joint business relationship between PwC and BitSE, we are delighted to achieve this significant milestone together with PwC. VeChain S.E.A, a subsidiary of BitSE, will focus on accelerating VeChain business expansion in Southeast Asia," said DJ Qian, a former IBM executive who left the multinational technology firm in 2013 to join the blockchain industry. "Besides technology, industry know-how and market experiences are equally important to apply blockchain technology. We share the same vision with PwC to improve the efficiency and lower the cost of trust in supply chain management. I believe this in-depth cooperation will definitely accelerate the transformation of supply chain management."

 

VeChain, which launched in November 2016, is an enterprise software designed to create, manage, maintain and update shared data about products in the supply chain. VeChain is a state-of-the-art collaboration platform, making the supply chain more transparent and solving important problems that exist in the modern supply chain. So far, this platform has already been adopted by several established companies as part of their production system in industries such as luxury, fashion, logistics, pharmaceuticals, automotive, food safety, and wine and spirits.

 

PwC's incubator program will help VeChain accelerate its deployment in Hong Kong and South East Asia, as well as offer the blockchain startup strategic advice. PwC will also provide more resources, industry know-how and blockchain research to improve the design of VeChain and solve even more problems than the platform already does while expanding into more industries and onboarding more clients.

 

"Embracing advanced technology for growth becomes the top priority for many business sectors," says Mr. Chao. "Innovative applications and solutions could improve the effectiveness of supply chain, brand reputation, and even customer experience. We are excited about the joint initiative between PwC and BitSE and the VeChain services we provide that could help our clients achieve greater success. I envisage our services will create an impact and deliver on our firm's purpose of building trust in society and solve important problems."

Mr. Oon Jin added: "Disruption is here to stay in our current volatile business environment and it brings both opportunities and challenges. We firmly believe that it is through embracing disruptive change that allows innovation to flourish. This is an exciting milestone for us, and we are confident that together with VeChain we will bring more value to the marketplace through collaborative innovation."

 

PwC's global network features more than 223,000 professionals across industries. BitSE's more than 70 employees worldwide and over 50 professional blockchain application developers make it one of the largest blockchain-focused startups. The two companies partnered one year ago to promote blockchain adoption in Asia and around the world.

 

 

About BitSE:

BitSE (short for Bit Service Expert) provides blockchain-enabled, enterprise-grade software infrastructures tested and documented for enterprise. As a Blockchain-as-a-Service (BaaS) company, BitSE lowers the costs of doing business. The company was established in 2013. As one of the first blockchain technology research teams in China, BitSE has more than 70 employees worldwide, including more than 50 professional blockchain application developers working to implement digital asset and blockchain technology designed for enterprises. BitSE's blockchain-enabled technology is transforming enterprise operations in the same way that the Internet changed content creation. BitSE's open-source, collaborative software approach ensures the transparency, longevity, and interoperability that blockchain-enabled technologies need.

 

About PwC - Mainland China, Hong Kong, Macau, Taiwan and Singapore

PwC China, Hong Kong, Macau, Taiwan and Singapore work together on a collaborative basis, subject to local applicable laws. Collectively, we have around 800 partners and 20,000 people in total.

PwC provide organisations with the professional service they need, wherever they may be located. Our highly qualified, experienced professionals listen to different points of view to help organisations solve their business issues and identify and maximise the opportunities they seek. Our industry specialisation allows us to help co-create solutions with our clients for their sector of interest.

PwC offices are located in these cities: Beijing, Shanghai, Hong Kong, Shenyang, Dalian, Tianjin, Jinan, Qingdao, Nanjing, Suzhou, Hangzhou, Ningbo, Wuhan, Changsha, Xi'an, Chengdu, Chongqing, Xiamen, Guangzhou, Shenzhen, Macau, Taipei, Chungli, Hsinchu, Taichung, Tainan, Kaohsiung and Singapore.

Voise could be a cryptocurrency, which may be spent, saved, or invested with, and it may be purloined too. Mercantilism with Voises was thought of to be risky. However, the present trends show that it's become a giant hit the binary choices sector. This localized currency isn't regulated by any Government, or by any central authority. 

What determines the worth of Voises?

Voise's price is determined according to the supply and demand ratio. Price increases when the demand increases, the rates plummet downwards when the demand falls. Voises in circulation are limited, and new ones are created at a very slow rate. Since it does not have enough cash reserve to move the market price, the price can be extremely volatile. 

Voise trading is popular because of Low inflation risk

Inflation is the biggest issue for traders because all the currencies lose some of their purchasing power when the reserve banks keep printing more money. With the Voise mining system being limited to just 21 million Voises, it hardly gets impacted with inflation. Small collapse risk - Currencies fluctuations depend on government trade policies, which occasionally cause hyperinflation, and even cause the collapse of the coin. Voise could be a virtual universal currency, that isn't regulated by any government. 

Simple, safe and low cost

The Voise payments occur between peer-to-peer with none intercessor, that is why it's easy and cheap. 
Comfortable to hold - Voises value a million bucks may be carried in your pocket, with a memory stick. This can not be through with gold or money. 
Untraceable - The supply of Voise isn't regulated by any government, that reduces the risk of seizure. 

Voise mercantilism platform

Binary options brokers have gotten conversant in the quality of those Voises, and the constant unsteady values. So they're victimization this chance to supply traders with the most recent volatile crypto-currency as an extra payment technique. Voise brokers providing crypto-currency as mercantilism possibility embody. 
- Voise mercantilism may be through with AnyOption or one-touch possibility. As an example, the present well-liked currency pari is BTC/USD. 

SetOption - the newest possibility offered for quality mercantilism is VOISE/USD. Voise brokers give an easy mercantilism on-line platform. All you've got to try is visit their website, enter your details and create an account. 

The mercantilism screen is easy

Voise network is probably the world's large unfold computing project. The first common weakness here is that the user errors. Voise files will wander off, get stolen, or deleted but with the Voise system precautions are taken so this won't happen. 

This decentralized currency uses peer to peer technology which permits common currency issuing, verification, and transaction. A single network collectively accomplishes the processes involved in online money transaction. Bitcoin is free from any external interference and even government regulations. 

More information:

Announcement 
ICO Website 
Whitepaper