Wednesday, April 25, 2018

Bitnation’s Blockchain Jurisdiction is Released for Android and iOS

After three years of market research and engineering, Bitnation’s long-awaited smartphone-based Blockchain jurisdiction has hit the Google Play and iOS stores. Over 15,000 citizens have already been registered in advance of release. Over 100 autonomous voluntary nations have already been created on the software, and over 450 had been registered in advance of release. Is this the beginning of a new era of peer-to-peer governance?

Disclosure: This is a Sponsored Article

Founded in 2014 by CEO Susanne Tarkowski Tempelhof, Bitnation is a team of 22 engineers and governance experts headquartered in Amsterdam. They won the prestigious UNESCO NetExplo Grand Prix in 2017 and now their goal is to create a configurable peer-to-peer jurisdiction that anyone can use anywhere from their smartphones — literally putting the law into everyone’s hands. The first version is available to download for Android from Google Play and iOS on TestFlight, where you can create and join voluntary Nations on the Ethereum chain and chat with other citizens.

Bitnation is creating a gateway to self-sovereign governance for the mass market by allowing users to easily make and enforce smart contracts under any legal code and access governance service DApps on their Blockchain jurisdiction. PAT, an in-app token, provides incentives for contract compliance by powering an AI-driven reputation system.

What does Bitnation’s roadmap look like?

After building the world’s first Blockchain Public Notary with the Estonian government’s e-Residency program and an award-winning refugee ID protocol, Bitnation’s original idea was to create a desktop Blockchain Jurisdiction, and a prototype Pangea 0.1 was built in 2015. But Bitnation’s market research showed that agreements generally began with a conversation inside an instant messenger, and in 2016 they produced Pangea 0.2, a chat-based proof-of-concept, which was entirely redesigned and developed during 2017 and 2018.  

Bitnation has released Pangea 0.3.3  for Android and iOS. This version includes a group chat, a wallet, nation creation/joining functions, and a profile. Nations are created as smart contracts on Ethereum. According to Bitnation’s development roadmap, further releases will follow in three week sprints, using a light agile/scrum methodology. According to CEO Susanne Tarkowski Tempelhof:

“We’re particularly interested in contract insurance, to complement our reputation system, as well as governance service applications such as peer-to-peer security, insurance, etc. – and we hope to rapidly build an ecosystem of DApp integrations. Each individual, and each Nation, should be able to choose their unique package of governance services suited for their specific needs.”

Who will use Pangea?

Bitnation is targeting people who work online and across borders and need a jurisdiction to account for that. Current online outsourcing trends indicate that there will be close to one billion online freelance workers and digital nomads by 2025. Even more people work in the informal economy and have no current legal protections.  

Bitnation says that using its jurisdiction for legal services is significantly cheaper than using bricks-and-mortar lawyers, notaries, and other government functions, and is more secure, more trustworthy, and infinitely more configurable for online and cross-border working. They are targeting the global $600 billion legal services industry, which they say is ripe for disruption.

Bitnation believes market adoption will eventually reach a point where users can access thousands of competing opt-in Nations and governance services, and define smart contracts that suit every aspect of their lives, creating, as Tarkowski Tempelhof puts it, “an internet of sovereignty.

from The Merkle

Squeezer a Blockchain Development Platform Based on Microservices

Nick Chisiu, former ConsenSys consultant announces his new company, Squeezer, is the world’s first platform in today’s blockchain industry to merge it with the power of microservices. After Nick stopped working as a blockchain consultant for ConsenSys, he coupled with a diverse portfolio of projects.

Disclosure: This is a Sponsored Article

In 2015, Nick created the Squeeze Framework, turning his vision into reality, merging microservices with the power of the blockchain. The Squeezer Framework is very popular among the cryptocurrency community, the Framework see’s an impressive 75,000 downloads per month globally.

Blockchain popularity props up microservices application

As blockchain popularity and market demand made Nick determined to further the development of the platform, Nick has come up with the unique idea of further developing Squeezer by upgrading the blockchain connector based on microservices, The sing unified blockchain connector will allow the apps to be powered by microservices.

Having the apps powered by microservices means that the auto-scalability feature is enabled by default. The microservices also have an auto-healing feature that allows for silent cloud deployments.

Nick Chisiu has an educational background in Informatics and Economics, and has gained insider knowledge through many years of professional experience as well as refining an extensive array of technical and software development skills as a microservices architect.

Additionally, Nick has experience building blockchain-based applications for big enterprises and businesses all around the world. He has the ethos that developing strategic and operational process that would ensue the clients’ growth, efficiency and sustainability.

The Technology Behind Squeezer

Using the blockchain connector, users would have the ability to smoothly interact with the blockchain without having to deal with the whole infrastructure at once. Additionally, to this end, the scalability issues have been solved by using the power of the microservices.

This application will link software developers, global companies and financial institutions that are looking to integrate blockchain technology within their company framework. There are more than 7000 exchanges and slightly over 40 million software developers worldwide. Squeezer creates a unique opportunity for a global companies to use this hassle-free environment as it is easy and accessible to everyone. The platform aims to be the safe haven for building decentralized serverless applications.

SQZR Token

The Squeezer platform is powered by the SQZR token, whose core utility is to pay for subscriptions enabling the user/company to purchase consultancy services provided by the Squeezer team. 4 million tokens have been sold already and even though the soft cap was reached within a few hours from launching, the Squeezer token sale is still on. Millions of tokens are still available to be distributed on the market.

The Squeezer has a dedicated team of advisors and the powerful group will help Squeezer get one step closer to the goal of seeing the implementation of the blockchain connector to life, and bring Nick Chisiu witty ideas to life. Squeezer is definitely one of the blockchain projects to watch in 2018.

from The Merkle

Analysts Predict Upcoming Bitcoin ‘Price Explosion’

Analysts seem to anticipate another Bitcoin “price explosion” that may even lead to its value surpassing the 2017 all-time highs. Positive price predictions are raining like cats and dogs as buy orders now comprise a major part of the market’s activity.

At the time of press, April 25th, Bitcoin is trading at $9,385.69, marking a 1.63% increase in the last 24 hours alone. At the same time, buy orders comprise around 88% of the market’s activity, according to TurtleBC.

Bitcoin price

Is History Repeating Itself?

The substantial increase in the buy orders percentage is placing a lot of buying pressure on the cryptocurrency market in general. To put it in perspective, the last time the number was so high was back in March 2017. At that time, the price of one bitcoin was a little bit more than $1,000, and we all know how the year ended, achieving 20x increases in just a few months.

However, another prominent factor needs to be accounted for as a shaping influence on the incoming bull market – big players. The last couple of months saw names such as George Soros, Mike Novogratz, and even the Rockefeller family joining the cryptocurrency field. Going further, increased possibilities of institutional investments are also prompting a Bitcoin price surge which could be higher than the one we observed last year when factors of such kind were simply lacking.

Rodrigo Marques, CEO of Atlas Quantum – a prominent investment platform, said:

I’m not surprised to see bitcoin’s price exceed $9,000 this week. […] Rumours of a price explosion seem to have been driven by more and more institutional buyers getting into cryptocurrencies.

Increased Legitimacy

Apart from all the positive rumors, though, there’s another reason for which we might be set for a serious increase in the largest cryptocurrency’s price for the long run – regulations.

Increased legitimacy

While a lot of people tend to tremble upon hearing the word, it seems that the regulatory concerns are clearing up. At the same time, Mr. Marques notes that:

If these concerns are addressed and there is even more positive movement related to regulation in these markets, there could be even more buying pressure to come.

Needless to say, more regulations (as long as they’re not overly burdensome) can only increase the legitimacy of the field. It’s exactly this approach which could be expected, as IMF Chief Christine Lagarde shared that “bitcoin and its underlying blockchain technology could transform the way people save and invest.”

Psychology is Key

Another serious reason for which experts are bullish on a Bitcoin price surge is due to basic human psychology. Having already shattered the $9,000 barrier, the cryptocurrency is currently headed towards hurdling another important psychological fence – the $10,000 price point. Should it surge through it, chances of it growing in value will surely increase.

And it seems that we are quickly headed this way, according to Oliver Isaacs, a cryptocurrency and blockchain adviser, who says that:

Bitcoin is well on its way to $10,000 and the volumes, buy orders and momentum oscillators all point towards this.

Do you think a Bitcoin price “explosion” will happen and surpass the heights it reached in December 2017? Please let us know in the comments below!

Images courtesy of Pixabay and Bitcoinist archives.

The post Analysts Predict Upcoming Bitcoin ‘Price Explosion’ appeared first on


Nix the C-suite, soon blockchain will let armies of free agents run companies - CNBC


Nix the C-suite, soon blockchain will let armies of free agents run companies
The days of full-time employment and long-term job stability are coming to an end. Nasdaq estimates that 43 percent of the U.S. workforce will be freelancers by 2020, part of a growing gig economy of project-based jobs. This raises a lot of concerns ...

from blockchain - Google News

Blockchain Is Reestablishing Trust In Nonprofits - Forbes


Blockchain Is Reestablishing Trust In Nonprofits
Bitcoin and hundreds of other blockchain-based cryptocurrencies are on the rise, allowing a new form of digital money that is not tied to a specific government. The technology that makes cryptocurrency possible is called blockchain, a decentralized ...

from blockchain - Google News

Aion launches first public blockchain network - TechCrunch


Aion launches first public blockchain network
If you believe blockchains will proliferate in the coming years, it stands to reason that you will need some sort of mechanism to move information between them, a network of blockchains with bridges and processes for sharing information between ...

from blockchain - Google News

VTOS Announces Token Sale for Decentralized Social Networking Platform

The VTOS team has announced a token generation event (TGE), which will be launched on May 28th with the intention of making the platform’s native token publicly available for purchase.

Disclosure: This is a Sponsored Article

Over 2.5 billion people around the world are now involved with social networking in some way, shape, or form. This constitutes around 33% of the entire global population, and is therefore a huge market that the startup thinks it can take advantage of by providing an alternative to the current industry giants in this space.

VTOS itself is the product of an emerging trend among blockchain startups to leverage the tech for content sharing and social media applications. Some other examples include Steemit (Think crypto-fueled version of Reddit) Yours (similar to Steemit, with BCH as a native currency), and Synereo.

Masternodes key distinction for VTOS

One way VTOS distinguishes itself from the platforms above, however, is their employment of master nodes. Like normal nodes, master nodes are servers that help host a decentralized network, but unlike normal nodes, they get paid for doing so.

They are also called “economically incentivized full nodes,” which is what they are because they are just computers that have downloaded the entire blockchain and have been incentivized through monetization of their computing resources the same way miners are.

According to the platform’s team, VTOS aims to deliver low-cost storage, allowing users master-node hosting in exchange for rewards, creating a virtuous circle within the user community. They also believe that, by leveraging master-nodes, video streaming and content sharing will be more efficient than otherwise, supporting the ecosystem in a more user-friendly way.

Other features, token sale details, and roadmap

Some other features of the VTOS platform include native browser support, ANTI ISP, live streaming encryption, mobile support, client-side encryption, Smart P2P upload control and CROSS platform P2P, IOS and Android SDK.

The token sale will have a soft cap of $4 million and a hard cap $40 million. 55% of the tokens will be sold during the ICO, an additional 20% goes towards master-node rewards, 10% going to both the team and angel investors, and the last 5% being allocated to bounty programs.

Additionally, the supply will be capped at 330 million VTOS tokens, with funds raised being used for a variety of different purposes. This includes platform development (60%), marketing (20%), legal compliance (5%), returns on investment (5%), and other operational costs (10%).

The team has also laid out a roadmap for platform development that spans from Q2 of 2018 until some unspecified point in 2020.

Q2 of 2018 will bring the beta of the VTOS platform, moderation, and content reporting features, master-nodes, and like and dislike functions for videos and blogs. Q4 of 2018 brings other important features such as the ability to monetize content.

Some other important benchmarks include the ad marketplace, the app market, and p2p messages, all of which will be implemented in Q2 of 2019. Finally, in Q3 of 2019, the team will release the final version of VTOS as well as live streaming and live chat functions.

Visit the official VTOS website here:

from The Merkle

Embracing Blockchain Could Completely Change The Way Artists Sell Music And Interact With Fans - Forbes


Embracing Blockchain Could Completely Change The Way Artists Sell Music And Interact With Fans
Listening to music is easier than it has ever been. Spotify, Apple Music, and SoundCloud are all ready to fill your ears with more music than you could ever listen to. As a user, you pay a fixed monthly fee for this easy access and the streaming ...

from blockchain - Google News

Lisk Hub 0.5.0 — Delegate registration and more

Salesforce Among 12 New Members to Join Blockchain Research Institute - CoinDesk


Salesforce Among 12 New Members to Join Blockchain Research Institute
Cloud computing company Salesforce is among twelve new members to the Blockchain Research Institute (BRI), the multi-million dollar global blockchain think tank announced on Tuesday. Devoted to the study of blockchain strategies, applications and ...

and more »

from blockchain - Google News