Colombo Family Leading In Blockchain-Based Mafia Wars Game; Winner To Be Announced In 2023

Mafia Wars Game is a blockchain-themed tournament inspired by the organized crime families of 1920s. Out of the five families that are a part of the game Colombo family is currently leading in the game. However, the winner of this Counterparty-based game will be announced only on July 1, 2023.

Blockchain-based games have become extremely popular in the last few years with collectible games such as “Spells of Genesis” leading the way. Mafia Wars is one such peer-to-peer game that was launched last summer and allows the online players to act as crime bosses of any of the five families.

Apart from Colombo, the other four families that are part of this game include Gambino, Bonanno, Lucchese, and Genovese. Mafia Wars is almost similar to all the other collectible card tournaments based on blockchain that use the Counterparty platform. It is an application that receives security from the BTC network.

For taking part in the tournament of  Mafia Wars Game, the users are required to purchase tokens of one of the five families on the Counterparty exchange. Each family tries to be the best and the biggest in the group for which it has to earn mafiacash tokens. At the end of the month, all the members of the family get their share of the earnings. The shares are distributed as per the in-game performance.

As of now, almost 391 players are a part of 12 different crews and 51 territories of Mafia Wars, reported Bitcoin.com. Gamers have to use tokens/assets/cards for improving their performance in the game and improve their ranking. They have the option of becoming ordinary soldiers, associates, consiglieres, underbosses, caporegimes. The ultimate aim is to become the boss by holding the most mafiacash coins.

Mafia Wars Game is just one example of how blockchain technology is causing the revolution in the gaming industry just as it has in the other spheres of work. According to Big Think, the future belongs to blockchain-based games that will reward successful gamers with in-house virtual currencies having real-world value.

 

 

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U.S.-Based Healthcare Companies’ Blockchain Technology Solutions To Cut Down Operational Cost

Healthcare technology solutions adopted by two U.S.-based companies, Aetna and Ascension is expected to cut down operational cost in the healthcare industry. The two companies recently become a part of a blockchain alliance project with the aim to reduce administrative costs and improve data quality related to the changes in the healthcare provider demographic data.

CVS Health recently acquired Aetna. Along with Ascension, Aetna is collaborating in the Synaptic Health Alliance pilot project. Announced in April this year, other healthcare groups including UnitedHealth Group’s Optum, Quest Diagnostics, MultiPlan, Humana, and UnitedHealthcare are already a part of this group.

The primary focus of the pilot project will be to find out how blockchain technology that relies on digitalized ledger can provide the most recent information related to a healthcare provider. Aetna boasts of having 22 million medical benefits members whereas Ascension is the largest Catholic health system and the largest nonprofit American health system.

Most of the healthcare organizations face the common issue of not having updated healthcare provider directories. These organizations also need to maintain basic information about healthcare providers working under state and federal laws as well as about general physicians.

The healthcare technology solutions based on blockchain will cut down the $2.1 billion spent annually on acquiring as well as maintaining the provider data across all the healthcare systems, reported HealthExec. The press report says that the project will lead to improvement in care by actively sharing data to potentially lower administrative cost savings for care providers and health plans.

The Centers for Medicare & Medicaid Services analyzed data that was provided to them in between September 2016 and August 2017 and found out that almost half the information on Medicare Advantage Organizations had mistakes. This causes delays in the medical services and also make them pay fines for no fault of theirs, reported Cointelegraph.

According to the press report, the healthcare technology solutions from the alliance is expected to keep the information more accurate with its decentralized storage and a security system that allows tracking of all the copies in real time.

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Blockchain-based Aarzoo Search Provides Unfiltered Results Unfazed By Sponsored Data

A blockchain-based search engine Aarzoo Search will now provide unfiltered results that are unfazed by the promoted and sponsored data. According to the CEO and founder of Aarzoo Search, Vinod Sujan, this search engine based on blockchain for enterprises will provide the companies a dashboard per user per month.

The US-based CEO stated, “We aim at delivering search results that are faithful to the query and completely unfazed and incorruptible by promoted or sponsored data. With Aarzoo, the search happens in real time and as the information is not filtered, the user will get unfiltered results without any bias.” Sujan believes that this blockchain-based search engine will be of great help to enterprises.

The dashboard working on blockchain technology will provide unfiltered search results data to the companies. Aarzoo Search will be launched on 15 August next year. Sujan stated that he is primarily focusing on procurement companies as the key customers who will get pinpointed data without any bias about all the items.

Sujan thinks that Google will take 3 to 4 years to catch up with blockchain-based Aarzoo Search and similar technology as the search engine giant is still far away from blockchain technology. Importantly, Sujan believes that if they at all come out with their blockchain technology-supported search engine sooner, it will lead to cannibalizing of their own product, reported Livemint.

Sujan stated that the vast availability of technology talent in India, as well as its massive market size, will make it one of the top three countries offering advanced series and solutions in the world in the coming years. Despite new inventions in the blockchain-field, the industry is going through a rough period with the decline in the crypto prices.

Even though products like blockchain-based Aarzoo Search have a lot of potentials, the amount of interest in blockchain technology for streamlining business processes is slowly dwindling. It can be pretty clear from the fact that during the second quarter of this year the demand for blockchain-related jobs increased by around 636.83%, reported Cryptovest. But now it has dropped by around 50%.

 

 

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What Makes Surge Blockchain’s SugarPays Fintech Software Application Platform So Admirable?

Surge Blockchain recently announced that it will launch its significantly updated FinTech software application platform and portal, SurgePays on December 15 this year. Surge Blockchain is the wholly-owned subsidiary of Surge Holdings, Inc. There are multiple reasons why this blockchain-based software platform from Surge is so admirable.

Its overall development has been completed on fully electronic and secure onboarding software which is why it can easily replace the tedious and time-consuming document management process. With the help of the SurgeSetup software, an individual can fill out and process multiple license, banking and tax forms, contractual forms. It thus facilitates same day store sign-up launches.

Importantly, this facility is quite critical for onboarding multiple stores as they support growth bursts as well as eliminate any data management or processing hurdles that are a regular part of store enrollments. The requirement for this software is very easy. All a store needs is an internet connected computer at the registration to utilize the new image-driven navigation portal.

The SugarPays software application platform is certainly a great addition to the traditional wireless and regular FinTech products’ list. But it is also a big thing for the convenience store owners who can now have the ability to utilize a simple one-click, seamless ordering from multiple wholesale categories. These include electronics, smartphones, CBD products, t-shirts, snacks, auto parts, and many more, reported Globenewswire.

The software will also enable the stores to select monthly auto-ship as well as take advantage of flash specials. Stores without any computer at the register can still process SurgePays 2.0 transactions on the robust and updated Verifone VX 520.

A couple of weeks ago, the company offering software application platform SugarPays announced that Surge Blockchain has completed developing the ERC-20 Surge Utility Token which will be available free to those who sign up before its official launch on December 15 2018, reported Globenewswire.  The Chief Technology Officer of the company, John Mott said, “The technology we’ve developed is soup to nuts, from the issuance of the reward tokens to requests for redemption to transmitting our ERC-20 token to Ethereum.”

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MuleChain’s Crowdfunding Campaign To Evolve Into Global Movement, Break Traditional Limits

The crowdfunding campaign from MuleChain is gearing up to evolve as a global movement and break the shackles of traditional barriers. The global decentralized P2P delivery and warehouse services creator on the blockchain recently announced the launch of its ambitious campaign on the StartEngine platform.

Crowdfunding regulation gives everyone the freedom to invest in securities from the startup companies irrespective of an individual’s income level or net worth. The blockchain venture project based on smart contract has been in development process since the start of this year. MuleChain, the Delaware registered C-Corp is at present focusing on building a technology platform as well as blockchain-based decentralized apps.

Out of these apps a few will be launched initially for testing in the market very soon. According to the founder and CEO of MuleChain, Ralph Liu, “MuleChain is moving into our next stage of growth to complete the build-out of the platform, web, and mobile apps in order to officially launch our services on a well-grounded foundation.”

Liu further added that they chose Regulation Crowdfunding campaign on StartEngine to spread their message and for connecting with individuals, who share the vision of democratizing the warehouse and delivery business on the decentralized P2P platform, reported Globenewswire. MuleChain intends to utilize the technology for creating social value that has the ability to evolve into a sort of global movement and break the traditional limitations of working as a simple commercial enterprise.

The concept behind the project is that every person who stays at home can be a pack station owner where as every traveler can be mule. The project will provide equal opportunity to almost everybody whether rich or poor, able or disabled, young or old, men or women belonging to any origin or race.

The crowdfunding campaign will enable everyone to earn extra income occasionally at their most convenient time or help them carve out a full-time living with this project for themselves, reported CrowdFund Insider.

 

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BIBF Blockchain Academy’s Professional Qualification Program To Include 5-Day Intensive Training

The Bahrain Institute of Banking and Finance (BIBF)’s recently launched Blockchain Academy is offering the Kingdom’s first Blockchain Professional Qualification Program. It will include a 5-day intensive training program. BIBF is planning to organize this training in collaboration with Dubai-based training provider myLearningKey. Apart from this training program, BIBF is also organizing a series of Workshops and Master classes.

BIBF will launch the professional qualification program on January 6 next year. Candidates completing this collaborated training program will earn the international-level Certified Blockchain Professional CIBP qualification. A US-based organization, Institute of IIB Council will award this certification. The course aspires to fulfill the demand for practitioners in the industry and also to form global standards in the technology industry. It should be noted that blockchain is one of the fastest growing technologies across the globe.

CIBP Course To Provide 100 Percent Blockchain Technology Overview

The CIBP course will provide a thorough 100 percent overview of the blockchain technology and the way it is implemented across the real world. The certification will comprise of three competency and knowledge areas related to blockchain. These include development, implementation and strategy.

The qualification program of BIBF’s Blockchain Academy will expose the students to multiple concepts of blockchain implementation and will also provide them with a unique guideline for scalable and sustainable blockchain development using quantum resistant ledgers, reported BIBF.

The institute also plans to offer a series of Masterclasses catering to both the IT professionals as well as to the business professionals across all the verticals so that they can gain knowledge about the potential effective applications of this technology and implement the same in their respective organizations.

At the launch of Blockchain Academy, the BIBF Director Dr. Ahmed Al Shaikh stated, “In alignment with the institute’s direction to position Bahrain as the IT Hub for training in the region and to adapt to market requirements, the BIBF continues to introduce new programmes to develop the skills and knowledge of the Kingdom’s human capital.” He further added that they are coming up with the academy to fulfill the growing demand for skilled professionals in blockchain field, reported Cryptovest.

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Smart Dubai’s Director General Reveals Vision Behind Blockchain City Concept

Dubai came out with its blockchain-powered city-wide strategy in October 2016 with the intention to become the first city powered by blockchain by 2020. Dubai governance realized the potential impact that this technology can make. The concept of Smart Dubai was driven by the wide blockchain adoption trend leading to a $1.1 billion investment in this technology in the private sector.

The Director-General of Smart Dubai, Dr. Aisha Bint Butti Bin Bishr recently shared her vision, pilots that they are running to fulfill the dream of creating Smart Dubai and the strategy they are following. Undoubtedly, Dubai is one of the leading smart cities of the world and is one of the few cities ahead in the adoption of new technology as well as pioneering certain innovative pilot projects.

According to Dr. Aisha, the rapid development of Dubai in multiple economic sectors indicated that it will have to replace the traditional processes to ensure better efficiency and speed. The government effectiveness became highly essential in Government to Government (G2G) and Government to Consumer (G2C) services.

The platform for the blockchain city concept was laid down by the growth of business in the tourism and construction sector which required the government to control the important activities such as permissions, tracking, and transaction verification. With regular, simple processes getting more complicated than ever the additional activities now demanded better technology and facilities.

According to Dr. Aisha, at this stage, Dubai required an agile solution so that the overall working processes of the government are streamlined, reported Express Computer. Dubai required a technology like a blockchain that worked on distributed databases of transactions with its coding method exceptionally perfect for secure record keeping of online distributed ledgers.

 

The Director-General of Smart City aka blockchain city revealed that they have created a roadmap organized around the blockchain-based strategy. The research VP at Gartner Inc, Bettina Tratz-Ryan stated that conversational intelligence in combination with Artificial Intelligence (AI), data exchanges, and data analytics will contribute towards creating customized powerful engagements such as autonomous drones and assets, reported Khaleej Times. She believes that in the coming two years, the strategies related to a smart city will fulfill the requirements of multiple areas through data exchange.

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Travala Platform To Expand Its Services Across 6 Continents

Travala platform is planning to expand its booking services across all of the six continents. Interestingly, the platform is also gearing up to add extra properties to its platform in December this year. The firm is pleased that its strategic partnerships in different regions over the last few months have helped it reach a new milestone so that it can offer coverage of accommodation as well as properties across the world.

The platform recently announced that it will release its next update in December and prominent one will be the inclusion of 400,000 and more properties on its booking platform. With these new additions, the accommodation amount including hostels, villas, hotels, resorts, and apartments listed on Travala will be 550,000 plus encompassing 210 countries in all the 6 continents.

The primary aim of Travala is to establish itself as the global online travel booking marketplace and bring a major transformation in the travel industry. The company is currently focused on building an online booking platform that works on the NEO decentralized engine and blockchain.

The blockchain technology-based Travala platform uses the industry know-how for creating a decentralized marketplace. It will increase the efficiency and transparency in the industry as well as cut down the operating costs, reported Captainaltcoin.com. The platform connects the consumers directly with the merchants thereby eliminating the requirement of third-party mediation.

Blockchain technology offers lots of unique traits and characteristics benefitting corporations in multiple ways such as improved security, decentralized business models, data integrity, immutability, and transparency. In the field of tourism and travel, it enables stress-free baggage tracking, protects travelers profile and data and prevents overbooking, reported The Currency Analytics.

As a part of the expansion process, Travala platform is soon venturing into North America, Africa, and South America for the first time. According to Medium Corporation, it is already offering its booking services in Asia, Oceania, and Europe and is continuously pushing forward its updated Q4 roadmap.

 

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PundiX Blockchain-Powered OS XPhone Allows Customers To Transact In Physical Stores

PundiX blockchain-powered OS Xphone allows the merchants and consumers conduct their transaction in physical stores. The technology that now powers the mobile device XPhone, is mostly used in the financial sectors especially to provide security and transparency.

However, the blockchain-powered phone announced by the global developer of blockchain-powered devices has created quite a ripple in the telecommunication market. The device operates independently of any centralized carriers allowing the users to route their calls without the need of phone numbers.

Incidentally, the operating system of the Singaporean company and its communication protocol set up for the mobile devices ensures that the users can call, send messages as well as transmit data through a fully decentralized network, which is an integral part of any blockchain platform. With the help of XPOS, the first point-of-sale (PoS) solution created by PundiX consumers as well as merchants can complete transactions in physical stores.

As of now the rollout of XPOS is restricted only to limited countries including Switzerland, the UK, Taiwan, Colombia, South Korea, and Brazil. More than 100,000 XPhone devices are expected to hit the global retail market by the start of 2021,

Zac Cheah and Pitt Huang founded PundiX and its blockchain-powered OS. In an interview recently, Cheah said, “We asked ourselves, how do we leverage the power of blockchain and enhance every aspect of your life? What can we do and what can we make (in order) to bring us closer to our goal? These are the questions we ask ourselves when we develop new technologies, and they are what drove us to the creation of the XPhone,” reported YourStory.

Discussing the conditions that led to the creation of PundiX, Cheah said that they first started looking for an appropriate public blockchain service for their Pundi XPOS. Since they could not find anything suitable in terms of sophistication and speed, both Pitt and Cheah decided to make their own version.

Recently, Binance released a report on PundiX that seamlessly integrates in-store payments in virtual currency. According to The Daily HODL, the report provides an insight into the working of the hardware and software platform specially designed for merchants across the globe.

 

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Can Blockchain-Based Certificates End Degree Fraud In Education Field?

Issuance of blockchain-based certificates is the latest new application of the innovative technology that is expected to put an end to the degree fraud. Recently, the SP Jain School of Global Management announced that it is issuing blockchain-enabled certificates to its students.

Prior to that, the Malaysian Ministry of Education announced that it is turning to blockchain to overcome the degree fraud issues. The Ministry believes that blockchain can help in maintaining the reputation and integrity of the university, especially in the Southeast Asian country. The SP Jain School issued blockchain-based degree and professional certificates using smart contract via Ethereum platform and became the first B-school to do so.

Importantly, such certification will make it easier for the recruiting organizations to track the veracity of the certificates. The process works on a five-step automated blockchain validation and does not require any technical expertise from the validator. With such a process it will be much quicker and easier for the prospective employers as well as agencies to directly verify the credentials of the students, their authenticity and view their projects without even getting in contact with the respective universities.

According to the President of SP Jain School of Global Management, Nitesh Jain blockchain certificates are the future, reported Business World. Jain further added, “There have been various attempts globally to issue certificates on the blockchain. But so far no one has captured the complete lifecycle of the certification. Students’ attendance and other private data are securely stored in the school’s private blockchain and only the certification related data is exposed to the public Ethereum blockchain.“

Malaysian Ministry of Education is using the NEM blockchain system, the e-Scroll system to initiate the process of issuance and verification of university degrees. The idea regarding using this technology was first mooted by the Malaysian universities’ Council of ICT Deans, reported CCN.

The e-Scroll system offering blockchain-based certificates has been introduced with the hope that it will cut down the fake degree incidences in Malaysia. The Malaysian Ministry of Education in its official tweet stated that the department decided to take a decisive action for preventing the degree fraud to safeguard the integrity and reputation of universities in the country.

  

 

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Contribution Of Blockchain In Telecom For Provider And Enterprises

Blockchain in the telecom industry is not new. Rather the overall impact the blockchain technology has made on all types of industries and organizations is immense. The telecom industry too can gain extensively as blockchain can bring about major changes for the provider and enterprises working in this field.

One of the biggest features of blockchain is that it is quite cheaper as compared to other technological implementations. Importantly, it also delivers all the necessary aspects including transparency, security, trust, and control across the members who are a part of any transaction process. For the provider in the telecom sector blockchain offers smart contracts that can bring a massive change with the way billing, retailing, wholesaling and service management is conducted.

Blockchain can streamline all these processes as well as the supply chain management. It will ultimately lead to the identification of visiting subscribers, reduction in the number of claims, and the prevention of fraudulent traffic. 36 percent of the surveyed providers are interested in participating actively in blockchain-related solutions.

41 percent of providers surveyed and interested in adopting blockchain in telecom believe that the technology can support their overall enterprise strategy offering accuracy and data quality assurance whereas 46 percent stated that they have already invested in blockchain for developing new models, reported Telecom Reseller. Some of the benefits that the providers can see in this technology include security, business model development to increase profit and revenue and keeping up with the competition.

At the enterprise level, blockchain can benefit by offering flexible contract agreements, new digital services, rapid response to the changes in customer, blockchain payment, services built on blockchain platform for the customers and more.

According to Industry Today, blockchain in telecom is growing at the CAGR of +84% by 2023. The recently conducted market study related to blockchain in the field of telecommunication was aimed at estimating the future growth potential of this market as well as its existing market size.

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Al Hilal Bank’s Blockchain-Based Transaction Transforming Sukuk Market

Al Hilal Bank aspires to bring a transformation in the Sukuk market with the help of blockchain-based transaction. Recently, the bank successfully executed the first Sukuk transaction of the world using blockchain technology. The bank used the technology for reselling and settling an Islamic Sukuk.

The Islamic bank used blockchain for transacting a secondary market deal for its $500 million senior Sukuk that will mature in September 2023. According to reports, the Islamic Sukuks are one of the most successful and fastest growing asset classes in recent times. The bank issued $97.9 billion work of Sukuks in 2017 indicating a 50 percent rise from the previous year.

According to the CEO of Al Hilal Bank, Alex Coelho, “Once again, the bank has demonstrated that it has the capabilities of leading in the competitive market of Islamic banking. The advantages of using smart contracts range from safer transactions with robust Shariah compliance to the unlocking of new opportunities.”
Coelho further added that the bank is the first to conduct the blockchain-based transaction in the Sukuk market and launch a “Smart Blockchain Islamic Sukuk.” The launch has been made possible due to the collaboration between the Al Hilal Bank digital transformation team and a UAE-based Fintech Jibrel Network. The collaboration received support from Abu Dhabi Global Markets (ADGM) Fintech platforms, reported Khaleej Times.

The CEO of ADGM, Richard Teng said that his platform is proud to play a key role in the development of this ecosystem for the providers of cutting-edge technology so that collaboration with the local financial institutions can become possible for delivering value across the financial markets in the country. He further added that they are looking forward to providing support to Jibrel and Al Hilal Bank in the RegLab so that solutions transforming the Islamic finance sector can be built.

Prior to the blockchain-based transaction, X8 AG, a Swiss startup received an Islamic financial certification for its Ethereum-based stablecoin from the Shariyah Review Bureau (SRB), reported Cointelegraph.

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Arcade Distillery’s Blockchain Game Features Online Ethereum Marketplace

Arcade Distillery is coming out with a new blockchain game on PlayStation 4 console which will feature online Ethereum marketplace. Titled Plague Hunters, the game from the video game developer studio passed the review process of Sony as well as the terms and conditions of PlayStation recently. Incidentally, it is the first game on the console to utilize blockchain technology.

Video games based on blockchain are nothing new. Already, CryptoKitties, Gods Unchained, and oxUniverse have shown how this technology can be used for handling certain types of video games. Interestingly, gamers also love to own their digital assets which these blockchain-based video games make possible.

At present, Gods Unchained and CryptoKitties are the most consistent games running on Ethereum platform to get huge traffic. These games are a hot favorite especially with the gamers who prefer gaming on console more than playing them on a PC. So the PC gamers may not even have an idea about the existence of such games.

According to the chief creative officers at Arcade Distillery, Liam Glennon this blockchain game is the sequel of its Plague Road game which became highly successful on the platform of PlayStation. Plague Road helped the video game developer to create a strong fan base that regularly comes on the console of Sony for their games. The sequel allows the gamers to build an army of hunters, train them and prepare them for battle on the blockchain-based marketplace alongside other players, reported Arcade Distillery.

Plague Hunters will be free to play and will allow the players to create characters using the available customized abilities. Players can form parties along with the other players, move across the barren stretch of wasteland and acquire various abilities, skills, and assets, reported ETH News.

Blockchain game sometimes causes scaling issues due to which Arcade Distillery decided not to develop the entire game on the blockchain platform. Its online marketplace running on ETH platform will utilize non-fungible tokens representing digital asset owned by a gamer and not by the developer. It will allow the players to buy, trade, and sell the different assets in the game including fully-developed characters.

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Buterin Favors Blockchain Applications For Cross-Border Payments

The co-founder of Ethereum Vitalik Buterin recently stated that blockchain applications are more suitable for cross-border payments. While talking at the Devecon4 blockchain conference, Buterin said that some industries are simply wasting their time by misapplying this technology. He further added that even though there are lots of companies putting efforts to establish higher standards using blockchain technology, he does not believe that is applicable in each and every industry.

According to Buterin, “Sometimes it is for marketing hype. Sometimes it is just people who are genuinely excited about blockchains and want the thing they are personally excited about and their job to align more with each other, which is a totally legitimate, human thing to want to do.” But he believes that virtual currencies and cross-border payments are the most suitable options for the applications of the blockchain.

Buterin feels that all the other ideas related to the applications including products or self-sovereign identity stuff still needs more time and will have to be worked upon to make some sense. The Ethereum cofounder also criticized tech giant IBM and other similar companies for their proprietary blockchain projects.

According to Buterin, the blockchain applications do not offer 100 percent guarantees in the real world. While discussing the use of blockchain for food tracking by IBM, the 24-year-old Russian-Canadian programmer stated that although the project has been designed with the view to confirm the origin of the product, he is not sure how IBM will execute it, reported Quartz.

Talking about the non-financial applications, Buterin stated that he liked the concept of authentication of university degrees currently under implementation in Singapore. This technology will allow the institutions to issue education certificates digitally on a blockchain platform, reported Cointelegraph.

Apart from running the cryptocurrency platform, blockchain applications are now being used in almost all the sphere. At the start of this month, the Malaysian Ministry of Education announced its plans to establish a University Consortium to overcome the issues of degree fraud with the help of blockchain technology.

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Why Blockchain Technology Is Next ‘Big Thing’ After Internet?

Blockchain technology is being deemed as the next ‘big thing’ after the internet hit the main circuit. There are many startups that are developing blockchain applications well-funded by venture capitalists and they will surely go public in the days to come. Major ventures in blockchain will lead to acquisitions and merger activity almost similar to the activities that happened when tech companies cropped up in the early 2000s and mid-1990s.

The current period is heady similar to the way it was when the internet was introduced. The current embryonic blockchain environment matches the excitement and anticipation that followed the launch of the internet, then in its initial stage. One of the reasons why the prediction about blockchain being the next big thing might come true is because along with this new technology, a radically different World Wide Web will also come to the fore. This new web will be accompanied by lots of twists and turns and thus will make a major impact on the finance and investments markets.

Essentially, blockchain technology is for the masses and also for the individuals. The technology bestows a power to communicate, execute transactions directly and store records either to an individual or an individual company that uses it. This is a major difference between internet and blockchain as the latter challenges the monopoly of middleman companies that have influenced the internet for earning tremendous profits, reported MD Magazine.

The domination of Google, Microsoft, Facebook, Twitter, Apple, eBay, Amazon, and Uber on the internet is quite evident. Berners-Lee who was behind the original coding of the internet is highly disappointed with this abuse or use of the internet and hence is coming up with a solid platform to create a web that works on democratic values. According to the Telegraph, currently, blockchain technology is at a stage where the internet was in 1994. It was the year when Café Cyberia, the first internet café in the world was opened in London’s Whitfield Street ultimately leading to mass-scale adoption.

The rise of blockchain technology will challenge the dominance of corporate internet behemoths and will return the power and authority to the individuals. With Berners-Lee trying to develop Web 3.0 the goal of decentralization is not very far and blockchain may eventually take over the original web by offering internet applications with viable alternatives to those that are available currently on a centralized platform.

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Bohemian Blockchain Rhapsody Reveals How Divergence Decides Success

Bohemian Blockchain Rhapsody is a movie that is rocking high and large at the box office revealing how divergence can be the decisive factor for success. The parameters for success if considered in terms of money invested and that obtained in return put this movie on the pedestal of a major hit. Bohemian Rhapsody was made with an investment of $52 million and it got a smashing $50 million opening and until now has earned $152 million in the United States alone and total $320 million in the overseas market.

The Divergent Connection Between Bohemian Rhapsody And Blockchain

One of the biggest bio-pic grosser ever, the movie is based on Queen and their fabulous frontman, Freddie Mercury played by Rami Malek exceptionally well. The journey of Queen started in 1970 in London but it was in 1974 when they started going the divergent way that their music received international acclaim. First, it was the Killer Queen Song followed by the Bohemian Rhapsody.

Similarly, in the world of blockchain and crypto, Bohemian Blockchain Rhapsody does exist. So many things look the same but the businesses that adopt divergence are the ultimate ones to gain success. Coming to the blockchain, the Go To concept is now rapidly replacing the traditional ways of bookkeeping with help from this technology, reported Forbes.

Picking up sector-specific application be it real estate, finance, diamonds, gems or precious metals, blockchain technology can certainly be of great help. But to succeed, a disruptive approach from an entrepreneur can be a major differentiator. The six minutes Bohemian Rhapsody worked well when the band came out with a potential strategy of bootlegging copies to several friendly radio station disc jockeys. Once the jockeys started playing it fans wanted that song. Since there was no such product in the market until then, the demand for the product which did not exist was created.

The same Bohemian Blockchain Rhapsody can apply to imaginative applications and cryptos. Coming to the movie, although the extended musical sequences enchanted the critics, the overall opinion says that it lacked the bite of its source material, reported Mashable India. So, a must-see for die-hard Queen fans, the flick is also an inspiration for blockchain and crypto entrepreneurs.

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Blockchain Africa Conference 2019 To Bring Top Leaders In Technology Together

The Blockchain Africa Conference 2019 will bring topmost leaders in the field of technology together. As of now the continent of Africa is facing huge challenges regarding transactions and conducting businesses. Blockchain technology can be the right solution for providing simpler, cost-effective, and more efficient ways of reducing fraud cases, increasing transparency and security and also cutting down human errors and inefficiencies.

The conference is expected to give more stress on finding out solutions that will shift Africa forward and also enable the continent as a whole to take up blockchain technology for transforming industries and improving lives in the region. Among the multiple topics that the conference is expected to explore, the prominent will be embracing blockchain technology, the opportunities, and benefits offered by it.

The event will also discuss current insights in the blockchain use cases, concerns that are inhibiting its wide-scale adoption, issues related to its performance, the regulatory setup, blockchain infrastructure and scalability of this technology.

The Blockchain Africa Conference 2019 will have delegates and speakers coming from over 35 countries and will attract major investors, developers, enthusiasts, startups, policy makers, regulators, corporate, and venture funds. The conference will bring together some of the topmost thought leaders as well as pioneers in the world of technology who will create an ecosystem for everyone so that they can learn, network and form a strong collaboration with each other, reported Business Day.

The continent has been organizing such Bitcoin (BTC) events and Blockchain Conferences since 2015 and these are first of their kind events in Africa. In the last couple of years, these conferences have attracted international experts from the realms of blockchain technology and innovation. Every year these great minds share their experiences, opportunities, and challenges in the field and offer an insight into the latest trends that are being rapidly adopted around the world, reported Blockchain Africa Conference 2019.

This year too the Blockchain Africa Conference 2019 will bring together like-minded people and help the attendees learn interesting things related to blockchain use cases from a wide range of startups and innovative companies.

 

 

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Things To Expect From Infineon Blockchain Security 2Go Starter Kit

Infineon’s Blockchain Security 2Go starter kit is expected to provide huge benefits to both the fintechs as well as the blockchain designers. It will definitely ensure that hardware-based security systems are built in an easier and faster way.

According to Infineon Technologies’ Senior Principal Security Chip Architecture Stefan Rueping, “The success of the blockchain system hinges on securing user interaction with the distributed database. Infineon’s Blockchain Security 2Go starter kit allows to quickly develop convenient access solutions based on security tokens or embedded security chips that significantly increase security level and trust. Both are fundamental for successful adoption of blockchain based services.”

The starter kit from Infineon comprises five NFC smart cards. These cards work on the basis of the security controller of Infineon with blockchain crypto features for different blockchains. The kit also provides an additional open source Android-based app for Smart Contract and Ethereum examples.  With the help of these NFC smart cards, the designers of the blockchain system can easily add hardware-based security.

The Security 2Go starter kit from Infineon also helps the designers to create first blockchain application prototypes quickly. Irrespective of whether the security tokens are dongles, mobile devices solutions or smart cards, they allow the users to generate their unique private and public key pairs, sign data, authenticate with a PIN, and conduct digital transactions, reported New Electronics.

It is possible to store all the credentials of the user in the security controller thereby protecting them from remote attacks on software or the micro-architecture. The security controller also protects the credentials from physical attacks in the case the token is lost or is stolen.

According to eletimes, Infineon Technologies will present its 2Go starter kit at a leading event meant for digital transactions –TRUSTSECH. The event will take place between 27 and 29 November in Cannes. The company plans to make the kit available in the market by the first quarter of 2019.

 

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DNA Startup Nebula Genomics To Offer Whole-Genome Sequencing Almost ‘Free’

DNA startup Nebula Genomics will be offering the whole-genome sequencing almost for “free.” Incidentally, market analysts believe that it is a business tactic adopted by the company to build its reputation in the genetic marketplace based on blockchain technology. Anyone can get the genome sequencing done for free but of course, only if an individual reveals some much-needed information about health as well as refers to some friends to the sequence.

An individual fulfilling this criterion stand a chance of earning special Nebula tokens that can help them pay for a lo-fi sequence. The information expected from a person can be some survey questions related to negroni habits, family history related to heart disease and more. In the case, anyone does not wish to cough out all such information he can still get the whole-genome sequencing done from Nebula albeit by paying $99.

An individual revealing all the information related to health to the surveyor has so much to gain from DNA startup Nebula apart from the “free” offer. For example, if the health information of individual interests a pharmaceutical company or a researcher they might think of paying the person to upgrade him to the Cadillac of whole genomes also known as 30x coverage. The only thing a person has to do is give permission to the researchers or the pharmaceutical company to study his data, reported Wired.

The offers include promises of anonymity, security and transparency (in offering money) maintained on the immutable ledger backed by blockchain at the core. The users have the advantage of earning money or fee once their genome has been sequenced. They can charge a fee in tokens to anyone who wants to access the information.

With corporations earning billions from health data, the DNA startup Nebula is going a step ahead and ensuring that the users also gain something monetarily. According to Nebula, the company gives complete control to the user over his data and ensures that the users earn credits for the information they share and can also redeem the tokens for valuable rewards.

 

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Oxfam Blockchain Project To Enhance Farmers’ Bargaining Power; Digitally Connect Supply Chain Participants

Oxfam blockchain project BlocRice will enhance the bargaining powers of farmers as well as connect everyone in the supply chain digitally to ensure transparency and greater efficiency. The project intends to ensure that farmers get a good amount in return from the buyers when they negotiate. The program was first launched as a pilot program in April this year which will continue until March 2019. Importantly, BlocRice will ensure higher price to the farmers for their products.

According to the county director of Cambodia Oxfam, Solinn Lim the project BlocRice will offer the farmers a collective bargaining power as all the agricultural cooperatives will be a part of the contract.  The project is currently in the testing phase and wants to gain approval and feedback from all the actors/participants who are a regular part of the supply chain.

BlocRice aims to promote blockchain-based smart contracts  

Lim stated that Oxfam’s primary aim is to promote smart contracts based on blockchain technology. The contract will be a sort of three-way digital agreements in between the Cambodian rice exporters and organic farmers and the buyers from the Netherlands.

According to Lim Oxfam blockchain project, BlocRice will promote digital contracts used as a tool for empowering society and economy. She further added, “The application of blockchain technology is expected to enhance the negotiation power of small-scale farmers in their rice value chains, who are usually poor primary producers” reported Khmer Times.

A cooperative of organic rice farmers from the province of Preah Vihear is helping the implementation of this project. As per the report, Oxfam project will link the cooperative using smart contract and blockchain technologies with almost every agent who is a part of the supply chain. Incidentally, a rice cracker manufacturer from the Netherlands, SanoRice will also be a part of the supply chain and will be connected to the cooperative through smart contract. The Dutch manufacturer uses the rice from the Oxfam cooperative as raw material for manufacturing its products.

Amru Rice will be one of the companies participating in the Oxfam blockchain project BlocRice as an exporter. Its CEO Song Saran reflected upon the positive impacts of this initiative stating that the project will enhance traceability, transparency, trust, and fairness in the supply chain, reported News BTC. Importantly, this project will improve the livelihoods of the farmers.

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