ORCA solution for instant crypto to euro withdrawals
Want to cash out Ethereum or other cryptocurrencies from an exchange instantly without paying ridiculous fees? ORCA can help you. The passage linking cryptocurrencies together regular finance is being laid. Yesterday ORCA Alliance has presented their technological case for the community during a live event streamed online. Mere 6 seconds. That’s how long it took ORCA to complete a transfer from a cryptocurrency exchange straight to user's bank.
The demonstration was opened by Laurent Bourquin, Chief Operating Officer of ORCA and former investment bank analyst who presented the changing landscape of global finance.
"The whole banking sector is being disrupted <…>. A couple of years ago it had been inconceivable to think that a start-up can enter the closed market of retail and investment banking and take over a part of its market share" - claimed L. Bourquin.
According to him, new IT-based market players are challenging banks and providing cheaper, more efficient services. To intensify the changes further, Open Banking is already making it's way to Europe while other countries are watching closely to jump onboard. Most importantly, cryptocurrencies are capturing people’s attention and have become the most recent trend widely discussed in the...
Stealth Project ICO Review
- Multi-cryptocurrency STEALTH WALLET is developed with strong emphasis on anonymity. It will offer a built-in mixer and users will be able to earn passive income while using it. STEALTH WALLET is a software product developed for managing and storing cryptocurrencies. It aims to simplify the use of cryptocurrencies in everyday life as well as offer convenient and secure way of storing your assets in the new financial reality, where STEALTH WALLET features Supports the following cryptocurrencies: Bitcoin Bitcoin Cach Etherium Litecoin Ripple Monero Dash Zcash Stelz coin Complete anonymity Highest known level of security Built-in coin mixer (for the currencies that are not initially supported) The possibility of passive, constant income simply by the ownership of cryptocurrency (Participation in a built-in mixer program is required) Private node system similar to TOR, network of private anonymous servers worldwide Instant payments within STEALTH WALLET system Р2Р exchange within STEALTH WALLET ecosystem (similar to ShapeShift)
- Self-sufficient anonymous and autonomous network infrastructure is built, similar to Tor. How STEALTH Browser works Our browser will be integrated into STEALTH WALLET with the network designed to operate in the following way: High-level protection and not – Deanonymization through administrative means Deanonymization using malware Deanonymization via timing attacks Deanonymization via vulnerable connection-chain elements Deanonymization via web browser vulnerabilities This is the most reliable part resistant to both active approaches to deanonymization and deanonymization through administrative means. Low speed due to Tor limitations is its main disadvantage. However, we are going to solve this problem by using our own nodes. In the end, any solution will include a proxy for changing IP address periodically. No logs are saved, either known or hidden. A master password is used...
Prominent KPMG Strategist Joins XinFin Hybrid Blockchain for Global Trade and Finance
S.V. Sukumar, formerly of KPMG, (head of strategy and operation consulting) is now with XinFin. Here’s the press release. Here’s the XinFin white paper. XinFin is an open source hybrid blockchain protocol. Its goal is to “help address the inefficiencies that exist in the global trade and finance markets today.”
What inefficiencies? Chiefly those that result from the inabilities of micro, small, and medium-sized enterprises (MSMEs) to avail themselves of the financing that is available to the top end of the range of enterprises. Its prime use business cases include wallets, financial applications for cross-border payments, remittance sale, and so forth.
The white paper also observes that “across southeast Asia and the Pacific region, more than 120 million MSMEs, including both formal and informal ones, are unserved or underserved in terms of credit facilities.”
Sukumar is welcome aboard into a world where thinking big, on that scale, is taken for granted. The press release says that he’ll be responsible for “demystifying the underlying advantages to create concrete awareness.” That sounds like a bit of a concession that there is something mystifying about XinFin’s business plans in his absence. The best of luck to them, though, and to their new arrival.
Crowdholding Connects to Blockchain – Releases Automatic Cryptocurrency Transfers
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Bitcoin Press Release: Crowdholding announces major updates, including Blockchain synergies to facilitate automatic cryptocurrency transfers.
May 22nd 2018, Prague, Czech Republic – Crowdholding’s platform upgrades and now YUP token payments are on the Ethereum Blockchain. Users can now instantly withdraw tokens earned as a reward for co-creating with businesses. More than 25 blockchain startups, including established ones such as Deep Onion, Intelligent Trading Foundation, and Peculium, award tokens for bounties on Crowdholding.
Ethan Clime, CEO of Crowdholding commented;
“We are on the verge of connecting users and businesses through smart contracts in a trusted and transparent environment, allowing tokens to seamlessly move from our clients to users through the Ethereum blockchain network.”
What is the YUP token?
The YUP token is built on the Ethereum platform and is used to access the Crowdholding ecosystem. Soon users will be able to use YUP to invest, purchase products and services. Businesses invest YUP and other ERC20 tokens to manage ideas and bounty campaigns as well as co-create with the community. As the interests of everyone are aligned, the larger the ecosystem, the more liquid and valuable YUP becomes. In the next few months we aim to grow...
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:
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,...