Crusher of the Month – Polymath – May 2018

Polymath
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In the Crusher of the Month series, we will write about a coin/token that we have the most conviction in each month. The time frame will be around 1 month, or until we publish the next Crusher of the Month. In May 2018, our Crusher of the Month is Polymath, ticker POLY.

Polymath is an automated and scalable platform that helps companies issue securities on the blockchain using a standardized token protocol, ST-20.

Through the Polymath Platform, previously illiquid assets such as private company shares, real estate, bonds, and collectibles, can now be tokenized, providing broader access and liquidity to investors and issuers.

Below is an introductory video of Polymath (video is 1:54 long):

Security Token is the Next Mega Trend in Tokenization with a Market Size in the Trillions

It is widely considered that security tokens will fuel the next wave for the growth of cryptocurrency. Qualified investors can theoretically...


Best crypto project of North East Europe to be selected

Top 20 selected ICO projects will compete for the title of the best project of North East Europe at the Startup Europe Blockchain Forum in Vilnius on June 14-17, 2018. The forum is organized by one of the leading consultancies in the region—Civitta—together with Startup Division, which will evaluate and carefully select projects allowed to pitch in the competition based on their proficiency.

Startup Europe Blockchain Forum www.blockforum.eu will bring together crypto leaders, regulators and top-selected ICOs. It is aimed at advanced crypto audiences with tailored discussions & in-depth analyses....


Crush Crypto Weekly – May 20, 2018

The cryptocurrency market was relatively flat during the past week. The overall market cap dropped by 3% to $389 billion. Bitcoin is up 1% to $8,500 while ether price increased 3% to $720.

A lot of investors expected that the blockchain week, which happened last week, would provide a positive catalyst to the market. However, it didn’t happen and the market was actually dropping while the Consensus conference was ongoing.

It goes to show that when most people in the market expect something to occur, the opposite usually happens because the event/news is already priced in. This is a typical “sell the news” type of price movement.

However, from attending the conference, I can see that a lot of institutional investors are very interested about getting into the space. It takes a while before such investors are cleared to take...


Banks and Cryptocurrencies in Europe

Before G- 20 summit in Buenos Aires, Argentina, the hype was going on that Cryptocurrency and Initial Coin Offering is the threat to the global economy and some powerful countries will take a strict decision against it in this G-20 summit. But, after a statement from Bank of England Deputy Governor, Sir Jon Cunliffe, has claimed that the leading cryptocurrency Bitcoin poses no real threat to the global economy and financial institutions despite its current phenomenal performance in the market. Somewhere this was a vital statement, which ensures the positive approach of Britain toward the Cryptocurrency. Now Cryptocurrency is legal in the England and users need to pay capital gains tax in a certain situation. Well, this was a short story from Britain which shows if you have a proper approach toward innovative technology, then despite all bottleneck, you can regulate it without any hassle. We want to remind you that now England is no more part of Europe and after BREXIT the country is facing uneven growth in many sectors.

Now after watching England’s approach toward Cryptocurrency, we will discuss the evaluation of Cryptocurrency and Bank in Europe.

Russia:

France:

After proposing the asset regulation bill in January 2018, Russia’s approach toward Cryptocurrency is quite positive now. On 20 March 2018, Russian government establishes a regulatory framework for cryptocurrencies and initial coin offering (ICOs). However, regarding security concern of other nation, the bill redefines virtual currency as a financial asset and only allows trading on authorized exchanges. Apart from that,...


Redefining Ecommerce security and efficiency through the Elysian blockchain

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Elysian pr cover

Elysian, a blockchain based startup, is all set to create a relationship of trust between the businesses and consumers in e-commerce like never before by addressing the most common shortcomings of this thriving industry. This decentralized ecosystem will drastically transform the standard e-commerce business model by ensuring faster delivery, secure customer data storage, and identity theft protection.

Elysian is making quick inroads towards their pursuit to deliver a decentralized e-commerce platform with innovative security and revolutionary user experience. A blockchain based ecosystem, Elysian will be the first e-commerce platform to integrate blockchain for the secure storage of all customer data and utilize the technological advances such as Artificial Intelligence and Virtual Reality to deliver an unprecedented user experience.

Business to consumer (B2C) e-commerce is a massive global market, expected to generate global sales exceeding $4 trillion by 2021. However, the lack of trustworthy cybersecurity, primarily in the form of identity theft, remains to be a serious concern for the industry. Moreover, the cryptocurrency enthusiasts all over the world are still waiting for an e-commerce platform that will accept cryptocurrency in exchange for all their products and services. From an overall perspective, till now, the industry still has much room for improvement in terms of user experience, specifically by integrating new types of technologies.

Elysian makes e-commerce trustworthy by creating an improved level of data storage security by using the Proof-of-Authority algorithm. This will ensure the creation of an ecosystem with a private blockchain to store encrypted credit card information and other user data securely over a distributed network. With the application of Artificial Intelligence and Virtual Reality, it will allow shoppers the freedom to shop at home in an intimate environment and...


Blockchain in the world of cloud storage

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Blockchain in cloud storage

Use cases for blockchain for Cloud Storage

I remember back in the day when cloud gaming would be the future. That may have never taken off, but its predecessor cloud storage stuck around. Today we will take a look at cloud storage, and how blockchain is making its way into it.

How can blockchain be used in cloud storage?

Cloud storage is centralized, meaning that all of the data is stored somewhere by a third party that is accessible to everyone with the correct credentials. The problem with this is that data breaches and service interruption happen quite often, whether is it the host or the users' fault.

Blockchain wants to put an end to this. They still want you to use the cloud, but want to make it save to data breaches. This can be achieved because Blockchain is decentralized, it’s data is saved...