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Leading Investment Fund Manager Selects #KoreConX Digital Securities Protocol for Offering

Posted by AGORACOM-JC at 8:30 AM on Thursday, April 4th, 2019

3iQ is Canada’s first regulated multi crypto asset portfolio manager and will be utilizing the KoreConX platform

[New York, NY – April 04, 2019] – KoreConX is proud to announce that 3iQ Corp. (3iQ), Canada’s first regulated multi cryptoasset portfolio manager, has chosen the KoreProtocol for their Digital Securities Offering.

Founded in 2012, the company is the first Canadian investment fund manager to fully comply with the terms and conditions with the Canadian securities regulatory authorities to manage a multi-crypto asset investment fund, offering exposure to accredited investors for the first time.

3iQ focuses on educating individuals in disruptive technologies and the crypto asset space and providing innovative investments of institutional quality. Behind the company are the investment industry veterans Howard Atkinson and Fred Pye, both with more than 30 years of experience in the field.

“Moving to Digital Securities is a very important decision in the history of our company, and we need a protocol that is secure and robust, while never compromising compliance,” said Howard Atkinson, Chairman of 3iQ. “We believe KoreConX is not only the right choice when it comes to the Digital Securities Protocol, but also when it comes to management after issuance.”  According to Fred Pye, President & CEO of 3iQ, “through our Exempt Market Dealer we will be able to offer these securities to Accredited Investors.”

In the KoreConX all-in-one platform, companies can not only initiate their Digital Security Offering process, but they can also find a series of solutions tailored to their business needs, including the pre, during and post phases of capital raise. From the Due Diligence and the documentation gathering to Investor Relations with the shareholders, users can find the tools they need to grow their business.

Companies with a growing number of shareholders can also utilize CapTable Management solutions without compromising the safety of their most sensitive information.

“We created the platform with the business’ owners in mind. We created it for the dynamic entrepreneur who needs efficiency and agility when managing their companies so they can focus on perfecting their business,” said Oscar Jofre, Co-Founder and CEO of KoreConX. “We are very honored that an Investment Fund Manager of the magnitude of 3iQ chose our solutions to be the technology behind their Digital Securities Offering and their company.”

About 3iQ Corp.

3iQ is a Canadian investment fund manager focused on providing innovative investment products of institutional quality. 3iQ currently manages the 3iQ Global Cryptoasset Fund, a private investment fund which holds bitcoin, either and litecoin and is eligible for investment by accredited investors in Canada or in reliance on other exemptions from the prospectus requirement. Founded in 2012, 3iQ is currently focused on disruptive technologies and the cryptoasset space

About KoreConX

KoreConX is the world’s first highly-secure permissioned blockchain ecosystem for fully-compliant digital securities worldwide.

To ensure compliance with securities regulation and corporate law, the KoreConX all-in-one, AI-based blockchain platform manages the full lifecycle of digital securities including the issuance, trading, clearing, settlement, management, reporting, corporate actions, and custodianship. KoreConX connects companies to the capital markets and secondary markets facilitating access to capital and liquidity for private investors.

KoreConX is the first secure, all-in-one platform for private companies to manage their capital market activity and stakeholder communications. Removing the burden of fragmented systems and inefficient tools across multiple vendors, KoreConX offers a single environment to connect companies, investors and broker/dealers. Leveraged for investor relations and fundraising, private companies can share and manage corporate records and investments including portfolio management, capitalization table management, virtual minute book, security registers, transfer agent services and virtual deal rooms for raising capital.  www.KoreConX.com

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Media Contacts:

KoreConX

Oscar A Jofre

[email protected]

#KABN, A NEO Financial Services Platform with Biometric Enabled #Blockchain Validated Identity Presents Episode 1 of Webcast Series + Q&A

Posted by AGORACOM-JC at 6:37 PM on Tuesday, April 2nd, 2019

Good day,

KABN will be presenting episode 1 of webcast series on Wednesday April 3rd, 2019.  Members of management will be available to answer any questions online during the hours of 10am – 12pm EST.


When posting your question on AGORACOM Hub , please check “Question For AGORACOM’ box.

We look forward to hearing from you. 

Kind regards,

AGORACOM

#ZeU Crypto Networks Retained to Develop Global #Blockchain Infrastructure and Data Mining Components of KinectHub Initiative $SX $SX.ca $SXOOF

Posted by AGORACOM-JC at 12:44 PM on Friday, March 29th, 2019
  • Announced that its subsidiary, ZeU Crypto Networks Inc., has been retained to develop the global blockchain infrastructure and data mining components of the KinectHub initiative of Kinect Corporation
  • KinectHub is a large multi-million-dollar infrastructure project using state-of-the-art technology

Montreal, March 29, 2019 / St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to announce that its subsidiary, ZeU Crypto Networks Inc., has been retained to develop the global blockchain infrastructure and data mining components of the KinectHub initiative of Kinect Corporation.

KinectHub is a large multi-million-dollar infrastructure project using state-of-the-art technology such as blockchain, distributed storage, anonymity solution and privacy insurances to bring healthcare to third world countries.

The scope of work will be starting with a full use case analysis for 30 days. At the end of this period, a Statement Of Work (SOW) will be delivered and used as a development road-map. This will be followed by the implementation of modular components. The infrastructure will be composed of data layers, including EHR (Electronic Health Records), distributed storage, data privacy solutions. This will need to include solutions to respect legislation of concerned countries.

There will also be Distributed Ledger Technology component including permission based & public blockchain, tokenization and digital wallet solutions. It will also be composed of a data mining layer including, data mining algorithms, powerful search tools, analytics solution to ensure the qualification and structuring of high-quality actionable data. This will eventually be followed by an abstraction sandbox on which Machine Learning & Deep Learning can be ran by either internal or external parties. Finally, there will be a component of point-of-access layer from which end-users will be able to access their health records. As we go, we will use agile development methods to offer flexibility to the changing needs of the industry and/or clients.

This project development is expected to span over at least a year and will be followed by maintenance, Machine learning (ML) & Deep Learning (DL) solutions to maximize the monetization of high-quality structured health data. KinectHub expects to be delivered in countries such as Tanzania, Ethiopia, Sudan, DRC, Cameroon and India. This will cover more than half a billion human beings and will bring benefit of an unprecedented level to these countries. This multi-year multi-million-dollar mandate is expected to start production within 45 days.

Dr. Fenglian (Frances) Xu, a ZeU director and consultant to the company on matters of blockchain application to the health industry, stated “(…) Conquering disease with engagement and data is such a powerful framework for healthcare transformation and innovation. It allows patient engagement on demand to create trust between them and healthcare service providers thus improving the currently barely available healthcare. Patient Electronic Health Record (EHR) data can ensure a more accurate diagnosis and treatment. A collective of large amounts of EHR will allow the discovery of certain types of disease patterns for both treatment and prevention. It is the first time that I see a project that connects both engagement and data capture. I believe that KinectHub is definitely in the right direction and will bring a positive solution to third world countries (…)”.

Jean-Philippe Beaudet, Director & CTO of ZeU commented: “(…) KinectHub is bringing an innovative solution to an endemic problem of healthcare access in third world countries. I believe that pairing data monetization with a humanitarian goal is not only a brilliant idea but a necessity for billions of people around the globe. The technological choices made will ensure that this can be done in an ethical and private way. It is rare that we can see a data driven project with a billion-dollar potential aimed at simply helping real people with something as crucial as health (…)”.

Corporate Update

ZeU Management has been working with its auditors to answer the last list of requests and finalize the financial statements and review of intellectual property required to proceed with its proposed listing on the Canadian Securities Exchange. Management expects that all final documents and listing memorandum should be delivered to the CSE on or before April 15. Furthermore, the company confirms that it has retained the services of Computershare Canada as its Transfer Agent, McMillan LLP as its legal advisors and Dale Matheson Carr-Hilton LaBonte LLP as its auditors. The latter will be subject to confirmation at the first shareholders annual meeting (AGM) expected to be held in early June in Montreal following the listing of the corporation on the Exchange.

ON BEHALF OF THE BOARD OF DIRECTORS

“Frank Dumas”

FRANK DUMAS

DIRECTOR & COO, ST-GEORGES ECO-MINING

PRESIDENT & CEO, ZEU CRYPTO NETWORKS

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

ThreeD Capital Inc. $IDK.ca – Why Mark Zuckerberg and Jack Dorsey Are Warming to Blockchain $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 9:19 AM on Thursday, March 28th, 2019

SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based venture capital firm that only invests in best of breed small-cap companies which are both defensible and mass scalable. More than just lip service, Inwentash has financed many of Canada’s biggest small-cap exits. Click Here For More Information.

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Why Mark Zuckerberg and Jack Dorsey Are Warming to Blockchain

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative.

The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers.

“Left to their own devices, computer scientists would recreate the Soviet Union.”

That line belongs to Preston McAfee, an economist whose job history includes senior positions at tech giants such as Microsoft, Google and Yahoo. As he explained to an audience at the SXSW conference in Austin, Texas, recently, it refers to software engineers’ tendency to favor centralization as the most efficient design principle for any computing system.

The point, he said, is that decentralized networks, such as those based on blockchain models, can often enable more positive overall social outcomes despite the relative inefficiency of their command-and-control architecture. It’s useful to contemplate this idea, and McAfee’s colorful metaphor, in relation to the current state of play on the Internet.

For the first time since they emerged as the victors of the post-dot-com bubble shakeout at the turn of the century, the platforms that dominate our online lives are running up against the social limits of their centralized models.

A backlash is emerging against “surveillance capitalism” and against the broad strategy of mining users’ data to capture audience for advertisers and to shape consumer behavior. Manifest as both political pressure and user rebellion, it is forcing a design rethink at these companies.

Perhaps the Internet is facing its Berlin Wall moment.

This is ultimately why some of the principles underlying blockchains and cryptocurrency technologies are finding favor in the business development strategies – or at least in the PR signaling – of social media companies.

Warming to Decentralized Models

Facebook especially has attracted much attention in this area.

CEO Mark Zuckerberg recently made a bombshell post outlining a “privacy-focused vision for social networking” that suggested a move to embrace end-to-end encryption of users’ data on Facebook, Instagram and WhatsApp.

In a separate post of a video interview with Harvard Law professor Jonathan Zittrain, Zuckerberg speculated on the prospect of Facebook using a blockchain model to enable decentralized logins without its servers acting as authenticators. All this came around the time The New York Times reported that Facebook is developing a digital currency that its users can trade among each other and exchange on cryptocurrency exchanges.

Meanwhile, Twitter CEO Jack Dorsey appears to have gotten religion when it comes to cryptocurrencies. He has declared that bitcoin will be the “native currency of the Internet,” has invested in Lightning Labs, which is developing payment channels for bitcoin based on the lightning network, and recently announced that Square, the separate payments company that he heads, will hire crypto engineers and likely pay them in bitcoin.

It’s fair to say there is a significant degree of skepticism that social media companies, having made fortunes out of a centralized model that accumulates user data, will change their stripes.

Facebook, in particular, has come under criticism from pundits who argue that it won’t be able to shift its business model. Given data abuse scandals such as the Cambridge Analytica affair, skeptics such as cryptocurrency pioneer David Chaum argue that Zuckerberg’s decentralization and privacy mantra is nothing more than a PR message.

But the departure of certain senior executives, including those who oversaw the development of the centralized data-gathering model and the algorithms that mine that data to deliver audiences to advertisers, has led others to conclude that Zuckerberg is indeed serious.

Winds of Change

One thing’s clear: there’s pressure for change, whether it comes in substance or merely in message.

Much like citizens who reach a breaking point and rebel against political leaders who act in their own interests rather than those of the public, users of these social media platforms are starting to signal that they won’t stand for data abuses.

Obviously, without users, these businesses fail. So, these companies are now contemplating a revised model in which, to paraphrase Bruce Schneier, users are no longer the product but the customer.

It’s an open question whether such companies can make money on a model in which the nodes in the network are free from control by the center. But let’s continue with the McAfee-inspired metaphor and contemplate how governments in capitalist economies accrue power and influence when their citizens are empowered to transact with each other. Similarly, we can imagine how a Facebook or a Twitter that helps its vast number of users conduct peer-to-peer exchanges can extract great value from the expansion of such networks.

Either way, the winds of change are coming to the centralized systems of the Internet. Whether the incumbents survive those changes, or whether they go the way of, say, MySpace is not clear. More important, let’s consider what might arise in their place and how smoothly we transition to the new era.

These are questions for developers of decentralized solutions such as those enabled by blockchain technology. What kind of governance models will be in place so that users are truly able to maintain a healthy degree of autonomy even as new centralizing forces emerge to extract value within the new paradigm?

Remember, the Soviet Union collapsed, but it was hardly replaced by a utopia.

Image via CoinDesk archives 

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Source: https://www.coindesk.com/why-mark-zuckerberg-and-jack-dorsey-are-warming-to-blockchain

ThreeD Capital Inc. $IDK.ca – #Crypto Trader DataDash Says #Bitcoin Is Bottoming – Plus #Ripple and #XRP, #Ethereum, #Tron, #Litecoin, #IOTA, #Stellar

Posted by AGORACOM-JC at 10:45 AM on Monday, March 25th, 2019

SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based venture capital firm that only invests in best of breed small-cap companies which are both defensible and mass scalable. More than just lip service, Inwentash has financed many of Canada’s biggest small-cap exits. Click Here For More Information.

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Crypto Trader DataDash Says Bitcoin Is Bottoming – Plus Ripple and XRP, Ethereum, Tron, Litecoin, IOTA, Stellar

  • From Bitcoin’s price action to the adoption of XRP, Stellar, and Litecoin, here’s a look at some of the stories breaking in the world of crypto.
  • YouTube’s biggest crypto analyst Nicholas Merten says he believes Bitcoin is bottoming.

Bitcoin

YouTube’s biggest crypto analyst Nicholas Merten says he believes Bitcoin is bottoming.

In the latest edition of DataDash, Merten compares BTC’s current price action to the market decline in 2014 and subsequent sideways trading in 2015, and says three indicators suggest Bitcoin is entering a period of sideways consolidation before a run to the upside.

Merten says the 50 and 100-week moving averages, stochastic RSI and true strength indicator all signal BTC is starting to enter a bottoming phase.

“We’re going to need to see much more substantial price action for Bitcoin to be considered in a bull market. So we’re in neither really a bear market as of the last few weeks, and we’re also not in a bull market. Again, we have to see a justification of price on either side.”

According to Merten’s analysis, current market conditions indicate it will take a few weeks or months for Bitcoin to start gaining momentum.

Ripple and XRP

Days after adding XRP to its platform, the Bahrain-based crypto exchange Rain says the digital asset has officially been declared Sharia-compliant in an audit from their partner, the Shariyah Review Bureau.

Our Shari’a compliance audit was completed by our partner @ShariyahReview.

— Rain (@rainfinancial) March 24, 2019

Ripple has been pushing to expand its presence in the Middle East, announcing an expansion in the region late last year.

Ethereum

Mist, one of the first projects from the Ethereum Foundation, is shutting down. The Mist browser, also known as the Ethereum DApp Browser, allowed users to access Ethereum applications and projects. The Mist wallet, designed to be downloaded and run on a computer, allowed users to store, send and receive crypto.

In a farewell post, developer Alex Van de Sande outlines a number of the project’s technical problems, and names Samsung, Opera and Brave as projects that are better suited to move the tech forward.

“While I’m proud of all the accomplishments we achieved in this time advancing the usability of Ethereum and sharing a vision for web3, we feel Mist, the browser has outlived it’s usefulness: the ecosystem has matured so much that now the user has tons of great options of wallets and browsers on both mobile and desktop.”

This is a bitter post to announce, but we are discontinuing Mist. You can read the full post here but for your convenience I will try to summarize in a few tweets: https://t.co/eqw5yWacsa

There are mainly two reasons a good and a bad one: ecosystem and security

— alex van de sande (@avsa) March 22, 2019

Litecoin

Jon Moore aka ‘Johnny Litecoin’, the vice president of Nationwide Merchant Solutions, is showing off Litecoin’s integration with the payment system Clover.

Checkout the Clover Flex device!! #Clover devices can easily display a #Litecoin Payment button with QR code printing on receipt for easy payment. Clover also integrates with @ecwid which allows for LTC/BTC Payments to come in from online and the data connects to Clover!! pic.twitter.com/WNVRG3BYKP

— Jon Moore (@jonnylitecoin) March 20, 2019

The Clover platform offers free open-source code allowing merchants to implement custom third-party payment options.

Stellar

The foreign exchange company Currency Matters says it’s joining IBM’s World Wire remittance platform, which is powered by the Stellar blockchain.

“By connecting to the World Wire network, Currency Matters now has access to a single unified network for foreign exchange and cross-border payments clearing and settlement built on blockchain technology and the Stellar public protocol. This will allow Currency Matters to offer clients the ability to conduct transactions across additional currency corridors and provide access to new digital assets including stable coins using Stellar Lumens (XLM).”

So far, IBM says six banks have signed letters of intent to issue their own stablecoins on the platform.

Tron

The Tron community site Tron.Live is giving crypto enthusiasts an inside look at Tron’s headquarters in Beijing. It occupies two floors with modern flair, lime green accents, wall art, smiling stuffed animals, a circular resting area, a tatami room and a rainbow-colored entertainment lounge. Source: Tron.Live

Tron currently has offices in San Francisco, Singapore and Beijing.

IOTA

IOTA just released the latest edition of the Untangled podcast. The episode explores the platform’s push for smart city adoption, focusing on the energy sector and what the cities of the near future may look like.

Source: https://dailyhodl.com/2019/03/25/crypto-trader-datadash-says-bitcoin-is-bottoming-plus-ripple-and-xrp-ethereum-tron-litecoin-iota-stellar/

CLIENT FEATURE: #KABN Empowering Digital Currency #Crypto Holders and KABN Cardholders Alike To Spend Wherever #Visa $V Is Accepted

Posted by AGORACOM-JC at 9:00 PM on Sunday, March 24th, 2019

The KABN Network is an integrated suite of financial services that includes:

1.  The Pegasus Flyte Visa Card, an approved crypto-linked prepaid Visa card and mobile integrated multi-currency banking wallet;

2.  KABN KASH, a robust loyalty and engagement program and

3.  KABN ID (The network anchor), a patent pending, Always On, GDPR complaint, blockchain and biometrically based, identity verification and validation platform.  KABN ID is a free to use service for consumers that provides continuous monitoring and proof of identity online and in conventional marketplaces.

THE PROBLEM KABN SOLVES

As cryptocurrencies and other digital currencies grow globally, there is an ever-increasing need to convert them into traditional currencies (i.e. USD and Euros) for use in traditional spending.

KABN’s integrated suite of products, which has received approval by Visa, solves this major challenge by empowering digital currency holders to spend in-store and online, as well as, access ATMs globally wherever Visa is accepted.

HOW BIG IS THE PROBLEM KABN IS SOLVING?

In the US alone, this type of card volume is expected to grow to over $396B by 2022.  Worldwide volume will follow the same trajectory and expected growth is exponential.


KABN’s integrated suite of products consists of:

  • KABN’s Pegasus Flyte Visa card offers an “on/off ramp” for cryptocurrency conversion to traditional currencies (e.g., USD, Euros and British Pounds, etc.)

*Pre-production cart art subject to network approval

  • A mobile banking wallet that manages multiple traditional currencies and digital currencies via links to crypto partners and exchanges as well as offering other financial features and services
  • A robust loyalty and engagement platform, providing Customers with additional value-added services.
  • KABN’s anchor product, KABN ID, is a patent-pending, GDPR compliant, Blockchain and biometrically-based, “Always On” ID validation and verification platform.
  • The KABN ID proprietary process allows for efficient and frictionless onboarding, allowing Customer’s to control the use of their verified identification without having to provide confidential documentation to unknown 3rd parties.

FULL DISCLOSURE: KABN is an advertising client of AGORA Internet Relations Corp.

ThreeD Capital Inc. $IDK.ca – #Blockchain Adoption Keeps Booming: China’s Alibaba $BABA Serious Partnership To Promote Blockchain Development $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 9:00 PM on Sunday, March 24th, 2019

SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based venture capital firm that only invests in best of breed small-cap companies which are both defensible and mass scalable. More than just lip service, Inwentash has financed many of Canada’s biggest small-cap exits. Click Here For More Information.

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Blockchain Adoption Keeps Booming: China’s Alibaba Serious Partnership To Promote Blockchain Development

  • Chinese internet conglomerate Alibaba has signed a strategic with software development company Aerospace Information Co. to collaborate and leverage their expertise in cloud computing, smart industries, blockchain and more.

By Abhimanyu Krishnan

The 2 parties will be cooperating in several different ways.

China’s Securities Daily publication notes how the two will work on such things as taxes and finances for Small and Medium Enterprises (SMEs), and government integration for innovative solutions for authorities:

In the field of fiscal and taxation, the two sides will expand the application scenarios and explore and develop innovative products for SMEs. In the field of government affairs, we explore the integration and innovation of government solutions around the “Internet + government services”. In the field of blockchain, we will jointly provide cloud solutions to promote the development of the blockchain industry. In the field of enterprise market services, we will coordinate the implementation of credit reporting services and smart mobile office services.

It’s clear that both companies are focused on the long-term development of blockchain and its applications in a a variety of industries.

Alibaba previously announced its intentions to use its cloud services for blockchain technology. 

The internet giant has an Alibaba Cloud Blockchain-as-a-Service (BaaS) service which lets businesses build their own blockchain-based platforms and manage deployment, maintenance and operation conveniently. The service is based on Hyperledger Fabric.

The company has also made several other moves to promote blockchain technology, financing a variety show in which the use cases of blockchain technology were showcased.

China is very keen on digitizing its economy and building the smart cities of the future. The VeChain project has been associated with the Chinese nation to help in achieving this goal. Waltonchain has also partnered with Chinese entities with the intention of using blockchain technology to develop cleaner cities.

The world’s most populous nation is certainly attempting to grow blockchain development, although it is also cracking down on ICOs and STOs.

Source: https://www.investinblockchain.com/china-alibaba-serious-partnership-promote-blockchain-development/

ThreeD Capital Inc. $IDK.ca – Will The Global #Blockchain Technology Market Be Worth $20 Billion By 2024? $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 9:43 AM on Thursday, March 21st, 2019

SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based venture capital firm that only invests in best of breed small-cap companies which are both defensible and mass scalable. More than just lip service, Inwentash has financed many of Canada’s biggest small-cap exits. Click Here For More Information.

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Will The Global Blockchain Technology Market Be Worth $20 Billion By 2024?

  • Global blockchain technology market could be worth $20 billion by the year 2024.
  • The report also notes that the global blockchain technology market stood at $315.9 million in 2015.

By: Rishma Banerjee

As per a recent press release by market intelligence and research firm, Transparency Market Research, the global blockchain technology market could be worth $20 billion by the year 2024. The report also notes that the global blockchain technology market stood at $315.9 million in 2015.

The idea is, if the blockchain technology market can rise at an astonishing compound annual growth rate of 58.9% per year, then the total blockchain technology market will be able to attain a valuation of US$20 billion by 2024.

The blockchain technology market is very fragmented in nature in the sense that most of it is still mostly unexploited. This is because of the presence of what Transparency Market Research explains to be several new startups as well as well-known heavyweights, in the market. Companies are pushing time and boundries just to get their hands on as much share of the market as possible.

Not only has this relatively new and fresh industry, given life to a multitude of startups, it has also grabbed the attention of global tech giants like Microsoft, IBM, Intel, and Amazon, just to name a few.

The report further points out that North America will most likely take the lead in the blockchain market in the coming years. It read,

‘On the basis of geography, North America is expected to lead the global blockchain technology market in the coming years. This is mainly because of the presence of several players in the region and rising adoption of cryptocurrency in retail and other distribution chain. Based on application, Private Blockchain technology market is projected to hold maximum share in the market.’

Recent reports reveal that Kevin McCarthy, the Republican Minority Leader in the United States House of Representatives, believes that blockchain can make the U.S. Congress a more efficient and transparent place. He said,

‘Blockchain is changing and revolutionizing the security of the financial industry. Why would we wait around and why wouldn’t we institute blockchain on our own, to be able to check the technology but also the transparency of our own legislative process?’, he said.

Source: https://www.btcwires.com/c-buzz/will-the-global-blockchain-technology-market-be-worth-20-billion-by-2024/

#AmaZix Secures Partnership with #Blockchain-Based ID Management and Neo Financial Services Provider #KABN

Posted by AGORACOM-JC at 8:24 AM on Thursday, March 21st, 2019
  • AmaZix announced its partnership with financial service platform KABN (www.kabn.network)
  • The latest in a series of strategic alliances as alternative finance edges ever closer towards mainstream adoption and legitimacy

Hong Kong – March 21, 2019 – Blockchain advisory firm AmaZix is pleased to announce its partnership with financial service platform KABN (www.kabn.network). This is the latest in a series of strategic alliances as alternative finance edges ever closer towards mainstream adoption and legitimacy.

Writing the rulebook for blockchain-based identity management

Under the grim undertones of a struggling cryptocurrency market over the past 18 months, the spectacular successes – and subsequent painful shortcomings – of blockchain-based, decentralized and tokenized crowdfunding models have brought several critical issues to the forefront.

Perhaps the most important to the typical investor has been the proof of identity and accreditation processes, which have been wildly inconsistent across different implementations, with little to no assurances to the investor that their personal information and identities are properly safeguarded and compliant with the new rules surrounding GDPR.

Now there is a simple solution that enables investors to complete this verification and accreditation process once, to access opportunities and remain compliant for any jurisdiction. KABN’s biometric identity and whitelist registry verifies KYC and AML data, sharing it with relevant counterparties while ensuring data and funds are never at risk.

Introducing KABN ID, the one-time verification process for a host of services including token offerings (US Patent pending).

Neo financial services, backed by blockchain validated biometric ID

KABN ID is only one of several components in the larger suite of KABN offerings, which aims to be the full-stack solution for digital assets, fiat transactions and payment methods, including

KABN’s prepaid crypto-linked Visa card and banking wallet. Users, investors and entrepreneurs will have a secure and easy-to-use platform to access, use and spend their digital assets through a crypto-to-fiat transfer process, while verifying biometric ID on the go, ensuring full compliance across a wide range of jurisdictions.

Ben Kessler, KABN CEO, said, “The overwhelming evidence justifies the need for closer scrutiny of processes and regulatory frameworks in token offerings, with the securitization of digital assets believed by many to be the natural progression for the space. It is a direction that AmaZix believes in and is working diligently towards, as demonstrated by their specialized advisory services and their partnership track record. We share their excitement and optimism for the industry’s future and look forward to collaborating.”

KABN has also partnered with European e-money institution and Visa Principal Member Transact Payments Limited, as well as with global processor GPS and platform tech provider Pannovate to launch the Pegasus Flyte Visa card and Mobile Banking Wallet program in the UK, with plans to expand to the EEA in Q2 2019.

“Programmable regulatory compliance is a built -in feature with digital securities, ensuring the necessary KYC and AML processes are satisfied. But if STOs are to be the way forward, we have to analyze and consider the practical aspects of identity management on the blockchain, particularly with the growing debate surrounding privacy and the protection of personal data in the era of GDPR” said Jonas Karlberg, AmaZix CEO. He added, “And this is where we believe KABN’s solutions for token offering verification are technically appropriate for securing accreditation and will allow for responsible and compliant KYC processes. In addition, its neo financial services like its branded Visa prepaid card and banking wallet will give users an additional aspect that bridges the world of traditional and alternative finance, allowing them to use and spend crypto with more ease.”

Curious about what AmaZix can do for you?

AmaZix seeks to become the leading provider of blockchain-related advisory and consulting across the globe, driving transformative change to the business paradigm through tokenization, blockchain technology and crowdfunding. We deliver a comprehensive suite of high-value professional services, focusing on innovative services, while continuing to build a team of top-tier talent.

Reach out to us on the following channels:

1.  Telegram: https://t.me/amazix

2.  Twitter: https://twitter.com/AmaZixOfficial

3.  Website: http://www.amazix.com/

4.  Facebook: https://www.facebook.com/AmaZixOfficial

5.  Reddit: https://www.reddit.com/r/AmaZixOfficial/

About KABN

KABN, an integrated financial service platform offering neo banking type solutions, has received approval by Visa to launch its crypto-linked card and banking wallet program. Branded the Pegasus Flyte Visa card, the KABN card program offers an “on/off ramp” conversion process for a variety of cryptocurrencies to fiat together with multi-currency fiat transactions. Cardholders will be able to use their Pegasus Flyte Visa cards to spend in-store, online, and at ATMs wherever Visa is accepted globally.

The Pegasus Flyte program will also offer a robust loyalty and customer engagement platform. The anchor of the program is KABN ID, a Blockchain and biometrically-based, “Always On” validation and verification process. This patent-pending, GDPR compliant process allows for efficient and frictionless customer acquisition and onboarding. To learn more, please visit: www.kabn.network

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Posted by AGORACOM-JC at 10:00 AM on Wednesday, March 20th, 2019

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Follow The Money – Why Investment In Blockchain Has Never Been Higher

  • It’s a cliché, but true– data is the new oil. That’s one of the many takeaways from a 2018 survey conducted by New Vantage Partners.
  • C-level executives at almost 60 firms (including giants such as Morgan Stanley, GlaxoSmithKline, and IBM) were asked about their views on Big Data.

Gina Clarke Contributor 

Blockchain and investment in financial technology continue to grow

It’s a cliché, but true– data is the new oil. That’s one of the many takeaways from a 2018 survey conducted by New Vantage Partners. C-level executives at almost 60 firms (including giants such as Morgan Stanley, GlaxoSmithKline, and IBM) were asked about their views on Big Data. Over 97% of respondents reported deploying Big Data or AI solutions to achieve objectives such as improved analytics and decision-making, cost reduction, and shorter time to market.

Fortune 1000 companies are not the only ones taking advantage of savvy data deployment. Small businesses are also using databases to manage inventory and cash flow, market to customers, and carry out countless other tasks.

With most businesses reliant on databases, staying ahead of the data-technology curve has become a central issue for executives. According to the New Vantage study, almost 80% of executives surveyed expressed concern about disruption or displacement from competitors due to data-technology advantages. And well over half identified inability to compete on data, lack of agility, and data-driven competitors as the primary data-related threats to their organization.

The promise of blockchain

Most people don’t think of data management when they hear the word “blockchain.” The word tends to evoke cryptocurrencies and Bitcoin’s attention-grabbing price swings. However, blockchain technology is currently being adopted at all levels of the business environment.

Blockchain solutions are showing up in the fields of utilities, healthcare, payments, supply-chain management, government, agriculture, and more. A mid-2018 PwC survey found that fully 84% of responding companies actively used blockchain, in areas such as research programs and live deployment.

That’s why investment in the field is still at an all-time high by private investment funds like the New Global Capital Investor Fund, founded in 2017 and still one of the largest institutional investors of blockchain technologies. They have been a key contributor to a number of leading projects including Zilliqa, Ontology, NKN, Oasis, Mainframe, Certik, Bluzelle, and Iotex.

Roger Lim, Founding Partner at NGC said, “We’ve been concentrating on low hanging fruits in blockchain for a while, anyone who can potentially solve a problem. But now we’re interested to hear from good projects where the total metrics make sense, the team makes sense and they have a great strategy.”

Right now, forty per cent of investment in blockchain by NGC is heading to Greater China where blockchain is booming, but they are still open to all with a good idea. Open to lending from as little as $200,000 to $10million, the company wants to spread the word that there are still great funding opportunities out there. Lim added, “We go off to where the talent is, not just because it’s in Silicon Valley, we don’t portion off our funds. We look globally and we go after the talent.” 

Profile rising fast, but not enough

Despite the interest of investors, blockchain is still relatively young in the mainstream market and actual deployment of blockchain solutions is not yet widespread. This relatively young technology has come a long way since its inception in 2008, but only about a quarter of the companies PwC surveyed had up-and-running blockchain projects.

Though blockchain’s profile is rising fast, the technical expertise needed to create blockchain platforms and smart contracts is still hard to come by in enterprise business settings. Travis Reeder, CTO of blockchain firm GoChain, sees this lack of expertise as a significant obstacle. 

He said, “If you’re an IBM or a JP Morgan, you might have the resources to develop the kind of in-house expertise needed to compete with the startups going after your industry in Silicon Valley. But there’s a huge group of companies who can’t just set up a dedicated blockchain division. These businesses understand what blockchain could do for them, but don’t have access to the tools and knowledge they need to build actual solutions. A lot of companies encounter the related problem that there are many options to choose from, but they don’t know which to choose or where to start.”

Now Reeder hopes to remove obstacles to participation in the blockchain revolution by investing in widespread knowledge. They offer partner companies blockchain-based training, workshops, platform design, and other services. Their aim is to provide the human capital that is as essential to the technology’s success as the technical infrastructure. These cost-effective consulting services are popular for companies to develop and maintain tailor-made blockchain business strategies and tools. With their own public blockchain that anyone can use to build smart contracts and applications, as well as GoChain private installation, it allows for all possibilities. 

Still, a few common concerns when it comes to blockchain are slow transactions and vast amounts of energy needed, but with 1300 transactions per second GoChain is certainly holding its own against the big guns. It’s 100 times faster than Ethereum for example.

A market for loans

And while the money is flowing freely into the blockchain, there are also possibilities to dole it out from firms such as Forest Park Advisors. They are creating the first tradeable syndicated loan market via security token issuances. The firm is the brainchild of Steve Shaw, investment manager at Clear Harbor Asset Management, who was previously a managing director at Credit Suisse First Boston, co-heading the firm’s trading and distribution franchise. Steve originated some of the earliest Credit Default Swaps at Credit Suisse product prior to the recession. Combined with the rest of the team, Forest Park Advisors has over 60 years of Wall Street experience and are intent on using their decades of experience to issue the first generation of real estate backed structured debt security tokens. With up to $200million for a single loan, this is a wealthy market.

If the public could be convinced, then there are plenty of opportunities to spread the wealth.

See more on what I’m writing here or say hi on Twitter @ginadav

Source: https://www.forbes.com/sites/ginaclarke/2019/03/20/follow-the-money-why-investment-in-blockchain-has-never-been-higher/#3af5933053fc