Bitcoin Press Release: fidentiaX is building the World’s First Marketplace for tradable insurance policies by leveraging on blockchain technology
October 14th, Singapore Fintech start-up fidentiaX is in the developmental phase of creating the world’s first marketplace for tradable insurance policies by disrupting the status quo by empowering policy holders to monetise policies on the blockchain. fidentiaX will also be setting up fidentiaX Open Source Foundation (fSOF) to proliferate the embracingof blockchain technology for the insurance industry.
In 2016 alone, the total market size for insurance premiums in the 40 OECD reporting countries was estimated to be in the north of $3.86 trillion dollars and Asia is projected to the be fastest-growing market for life insurance with an estimated real annual compounded growth rate of 10.2%.
The tradable insurance market is faced with inefficiencies such as:
Lack of awareness –Policyholders are unaware that policies are tradable asset which could be sold in the open market for a higher value. In 2015, out of the US$112 billion worth of policies surrendered in the U.S., US$57 billion (estimated 250,000 policies) could be resold.
No Recognizable Marketplace – The lack of a recognizable marketplace makes it challenging for sellers and buyers to connect.
Dependency on 3rd party – In the rare occasion where seller and buyer actually connects, parties need to place trust on a 3rd party to effect the transaction.
fidentiaX’s marketplace will be a membership-based ecosystem focusing on the key stakeholders and providing the following services:
Policy ledger – Break traditional reliance on intermediaries by creating a digital ledger for policyholders.
Trustless Marketplace – Provides a platform for buyers and sellers to connect and trade policies via the blockchain.
fidentiaX will focus on building its operations within Asia before executing its global expansion strategy. Key countries within Asia are Hong Kong, Japan, Korea, Malaysia and Singapore.
To learn more, please visit fidentiaX’s official website at https://www.fidentiax.com/ and stay updated on their Crowd Token Contribution launch announcement by subscribing to their mailing list. Stay connected through their social channels:
Media Contact: Name: Alvin Ang Email:[email protected] City and Country Location: Singapore
fidentiaX is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest
Bitcoin Press Release:Tech start-up SISA brings Ethereum blockchain technology to pool investments, offering stability and transparency to backers. The platform Pre-sale starts October 20, 2017.
October 13, 2017, City,Singapore–Ethereum blockchain-backed investment pool fund SISAhas announced its token pre-sale dates, and platform intentions. Using blockchain technology SISA will offer individuals a safer, more democratic and transparent medium in which they can back investment pool funds. The platform addresses issues with traditional investment pool funds using ethereum smart contracts. The pre-sale starts on October 20th, 2017 and will run until the 30thof October, 2017.
SISA is a decentralized, democratic investment pool fundwhich offers its investors many benefits like diversification and access to investment opportunities that would previously been unavailable to due to capital requirements. The tool used for this pool is called Democratic Pool Fund, or DPF. This tool was designed with democracy in mind, and gives each individual increased leverage but at the same time puts the capital allocation decisions in the hands of the backers.
SISA aim’s to mitigate these issues with their revolutionary, democratic pooled fund; an investment vehicle that will give the token holders gain benefits such as Liquidity, diversity and scale,, while maintaining agency in investment decision and capital allocation.
This is achieved by implementing a voting platform through which backers can vote on which projects and companies receive funding. This pooling mechanism is implemented through Ethereum smart contracts, providing transparency and security for all users.
Token holders can register on theSISA platform, after which point backers can propose viable projects in which to fund. The SISA team determines which of these projects fit the fund criteria for risk and diversification. SISA analysts perform research and due diligence on viable investment opportunities. This information is then passed to the platform backers for their own analysis and peace of mind. Bakers can then vote on which project the fund will choose to back. SISA managers will then strategically invest in the most promising/popular idea. Stakeholders can then take an activist role in taking awareness for the project, in addition to taking the accounts management team accountable
Every quarter 70% of the funds profit will be distributed as dividends, token holders can withdraw their dividends via an ethereum smart contract making the process fully transparent and auditable by anyone who has access to the blockchain. Business expert and SISA founder Immanuel Anthony Explains how the decentralized, democratic fund addresses the key issues plaguing the traditional pool investment funds. Stating,
“The problem with traditional pool investment funds is that the fund managers hold all the power over the backers and there is a consistent lack of of direct communication between entrepreneur and investor. We have designed a blockchain-based, democratic platform that eliminates these weaknesses but preserve the benefits that the traditional pool funds offer.”
Investment pool funds have traditionally appealed to seasoned investors and financial professionals but SISA will offer backers a safer and more transparent version in which they can overcome these challenges. SISA Will also ensure that a variety of projects will be available to investors rather than sticking to blockchain related projects. SISA is close to making the revolutionary idea of a decentralized Investment pool fund a reality and offers a great opportunity for enthusiasts and Investors in the cryptocurrency sector.
A tale of two funds
SISA has plans to operate an additional fund which is set to launch some time next year after the platform becomes more well established. This ‘open fund’ will be primarily aimed at more conservative Individuals. Unlike the closed fund, this fund will will not be tokenized and will focus on more traditional projects outside of the blockchain space. This second fund will be a great opportunity for those individuals who missed the original ICO and who wish to back more traditional projects.
SISA is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
Bitcoin Press Release: Cryptocurrency payments platform UTRUST has announced the launch of its ICO on November 2 2017 (2pm UTC), after making firm progress in gaining regulatory compliance in Switzerland, one of Western Europe’s fastest growing blockchain hubs.
October 9, 2017, Zug, Switzerland: Building on progress in solidifying its business structure, UTRUST is pleased to confirm that its public ICO will now commence on November 2, 2017 (2pm UTC). UTRUST tokens will be up for sale at a base rate of $0.065 each. The ICO will run for a maximum of seven days or until a hard cap of $49 million is reached, or until sold out, whichever occurs first. No further tokens will ever be issued and any unsold tokens will be burnt, permanently reducing the total supply, currently at 1 billion. This ICO represents the final round of fundraising for a blockchain payments system targeting some 2.5 billion unbanked.
UTRUST is being incorporated as a Swiss GmbH (essentially a limited liability company) and remains fully committed to achieving adherence to all relevant rules and regulations by financial entities within operational jurisdiction in Switzerland. This is in line with UTRUST’s mission to operate as a legally compliant and future-proof platform, in recognition of the impending need for implementation of KYC/AML procedures which will be the standard for regulated cryptocurrency exchanges.
UTRUST has currently raised $3.5 Million through private early investors and the sold out pre-ICO, with the public ICO scheduled for November 2nd 2017.
UTRUST is the world’s first cryptocurrency payments platform to implement consumer protections on a mass scale. The company is building a global PayPal–like payments platform with extensive cryptocurrency support.
UTRUST’s end goal is to provide all the benefits of fast, secure, convenient, and inexpensive cryptocurrency transactions, in tandem with the world’s first cryptocurrency payment protections, which consumers need to fully embrace blockchain technology en masse.
With 2.5 billion unbanked people in Emerging Markets yet to benefit from financial inclusion, UTRUST is also planning to build the bridge to enable the unbanked worldwide to access the mainstream global financial system.
UTRUST ICO and Tokens
UTRUST’s publicICOwill be held on November 2nd. The company will use the collected funds to establish key industry partnerships and to develop the world’s first PayPal-like cryptocurrency payments platform. The ERC20 compatible tokens are created over the Ethereum protocol, and can be used as a means of payment on UTRUST’s payment gateway along with other cryptocurrencies.
UTRUST’s token can be used for making zero fee payments to the thousands of merchants accepting any cryptocurrency via UTRUST, and be traded against other currencies on supported exchange platforms.
UTRUST will allocate a certain portion of the revenues to buyback and destroy the tokens in circulation. Being a deflationary currency by design, the demand for UTRUST tokens will increase with time, which combined with buyback should lead to appreciation in its market value.
UTRUST is backed by a highly experienced team from various sectors including corporate management, startups, payments, cryptocurrency development, law, finance, and computer science. Some of the prominent members of the team include:
Nuno Correia, CEO
Nuno Correia is an early cryptocurrency investor who has been involved in the cryptomarkets since the beginning of 2011. Having founded multiple B2C businesses in the past, Correia has a background in Law and Marketing, and his passion lies in transforming the future of digital payments.
Filipe Castro, CIO
Filipe Castro holds a business degree from MSENG and is passionate about disruptive technologies. He has experience developing electronic payment systems and other software solutions during the early days of his career. Castro is engaged in business development and strategic development of new ventures.
Artur Goulão, CTO
Artur Goulão comes with previous experience in the payments industry. He has previously donned the role of a CTO in one of leading digital payment platform and is currently serving as the Head of Development at a Swiss-based Cybersecurity company. With a background in computer science from IST and MIT, Goulão is well-acquainted with both classical and blockchain smart contract based approach.
Roberto Machado, CPO
Founder and Product Manager at several startups prior to UTRUST, he has been leading different teams to build highly-reliable software products, with a focus on the end user experience. Previously, he has worked together with major international companies such as AT&T, Betfair, Airtel, and Uphold, being responsible for the vision outline, goals and product strategy of solutions used by millions of users.
Other significant team members include Luis Ferreira as Head of Engineering; Laura Esteves as Head of Operations; Joao Ferreira as Head of Design; Nick Olender as Head of Sales and Partnerships; and Francisco Baila as Product Designer. UTRUST has a team of software engineers like Miguel Palhas, Gabriel Poca, Ronaldo Sousa, Fernando Mendes, Bruno Azevedo, Pedro Costa, and Joao Justo.
UTRUST’s diverse advisory team includes Francisco Maia, Francisco Cruz, Joao Paulo, Sergio Viana, Marc Howland, David Dryan, Daniel Pierce and Sascha Benz.
UTRUST is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
Bitcoin Press Release –Inspeer, the decentralized lending solution for individuals and small businesses, announces token sale, scheduled for 6 November, 2017.
October 10, 2017, Mahe, Seychelles – Inspeer, one of the few players to recognize the need for revolutionary technology in the financial services industry has opted to introduce additional utilities backed by cryptocurrencies and their underlying blockchain technology. The platform, designed to use cryptocurrency alongside fiat currency for the purpose of peer to peer lending has announced the launch of its upcoming crowdsale campaign.
With the rapid advancement of blockchain technology and a fundamental shift away from traditional lenders being the dominant intermediary in the lending industry, peer to peer lending is gaining momentum as the next evolution in the financial services sector. Inspeer has established expertise in creating online financial services within the lending sector for 3 million users in Russia. With their primary operations located in Russia under the LightFin.ru brand, more than 200,000 loans applications were processed within the first year of platform deployment.
Traditional lending institutions maintain stringent regulatory and loan approval requirements. Consequently, a large portion of the world’s population does not have access to lending services. Immigrants, those without a mandatory minimum credit history, and small businesses within emerging markets are locked out of the traditional financial system. It has resulted in an increasing demand for peer-to-peer lending services.
LightFin provides customers with short-term online loans while also reducing loan approval time to a mere 1.5 minutes. Inspeer uses a high-quality and robust scoring system to provide a safe, transparent, and reliable lending solution for individuals and small businesses. Based on the success within Russia, Inspeer is scaling their peer to peer platform to reach a worldwide user base.
Inspeer’s Unique Technology
Inspeer’s platform uses loan pipelines and scoring algorithms which consist of the InsCore system and OLAF algorithms. Together, these two components help to effectively execute an assessment of the borrower’s likelihood of repayment as based on more than 20,000 predictors. Additionally, Inspeer’s technology is able to identify fraudsters at the earliest stages of the loan application. Indeed, the predictive algorithm can detect fraud before a loan application is sent.
Inspeer is proud to announce the ICO launch and attract investors who share a similar vision regarding this newest evolution within the cryptocurrency and blockchain technology market.
It is a rare chance thatthe lending industry is getting shaken, it is no longer the banks whomonopolize the market. It is going to be a way fairer game for all parties. –Denis Kabanets, CEO & founder
ICO will start on Nov 6 and continue for Dec 6.
Inspeer is the first customized and decentralized token designed by crypto lending professionals. There is a total supply of 50Mln INSP tokens and available for sale at $1.00 per INSP. For more details visit inspeer.io. Inspeer encourages interested investors to purchase tokens in advance and offers up to a 15% of bonus for investors during the first two weeks of ICO.
Inspeer is seeking market expansion within Estonia, Latvia, Spain, UK and more. The essential goal is to create a large, peer to peer financial institution that uses machine learning to solve the prohibitive lending issues within traditional financial organizations. With this in mind, Inspeer directly addresses the needs of the 21st century financial services consumer.
Inspeer is led by a group of professionals who are experts in online microlending, peer to peer lending, and traditional bank lending. CFO Nikolay Otvechalin is skilled in the development of business plans, financial models, and leadership management for capital investment projects at all stages. CTO Denis Ryabikin has been developing projects for a wide variety of microfinance organisations which vary in scope and complexity. CEO and founder Denis Kabanets is a serial entrepreneur with a copious amount of experience in executive management.
The advisory team will work closely together with Inspeer’s core team to ensure smooth operations and maximal outputs.
Ambisafe is Inspeer’s technological advisor for this implementation. Oleksii Matiiasevych, EDCC architect at Ambisafe worked together with White Hat Group to return the hacked cryptocurrencies to their owners. On July 19, 2017, Oleksii followed up a critical vulnerability during the Parity Ethereum wallet Attack and together with the White Hat Group, he ended up saving $1,4 Mln worth of Ethers from the compromised wallets.
Our goal is to make lendingreadily available for those who need liquidity and have the ability to repay.This is achieved by simplifying the process and enhancing both scoring andpredictive accuracy. Conventional lending is outdated and the banks arelosing their competitive advantage within the lending market. Innovativetechnology companies now have the opportunity to capture as much market shareas possible. Everyone is fighting to be ahead in the market but I knowInspeer is well prepared. – Nikolay Otvechalin, CFO
Inspeer is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
Bitcoin Press Release: The first cryptocurrency exchange-aggregator B2Bxhas reached the soft cup of 5 million during the first week of its crowdfunding campaign.
TheB2BxICO started on October 2nd and will last until November 17th. The minimum cap of 5 million was achieved in the first six days. B2Bx will continue to give bonuses to contributors in the next two weeks. Bonuses will be 10% in the second week and 5% from October 18th to October 25th.
Artur Azizov, the CEO of the project is pleased with the current results: “We are glad to see the support that crypto community gives to our project. Today when there are more than 800 projects per week entering the market the result we achieved displays how high the assessment investors give to us.”
B2Bx project was founded by B2Brokercompany, a participant of the fintech market for over 3 years. The biggest part of funds will be spent on developing the software. B2Bx’s product already has a working version which gives anyone an opportunity to evaluate its prospects in practice. The company will be mainly focused on corporate investors which is the main distinctive feature.
The B2BX tokens are native to the B2BX ecosystem. Built over Ethereum protocol, these ERC20 compatible tokens serve as a medium of value exchange. The platform has set a maximum token cap of 40 million B2BX tokens, of which 40,000,000 are made available to the crowdsale participants.
The B2BX tokens can be purchased against BTC, BCC, ETH, LTC, DASH, and XMR. Priced at EUR 0.63 per token, the platform will be offering early bird discounts during the first three weeks of the crowdsale. Participants in the crowdsale have to purchase a minimum of 10 tokens, with no maximum limit.
B2BX is an aggregator of cryptocurrency liquidity for marginal trading, trading with physical delivery and distribution of liquidity to brokerage companies. It plans to establish the first official B2B cryptocurrency exchange-aggregator or marketplace, connecting at least 5% of the market of Forex/DMA and Stockbrokers, and give them the opportunity to provide their clients with the trading in cryptocurrencies.
Media Contact Contact Name: Alexander Karelin Contact Email:[email protected] Location: Moscow, Russia
B2BX is the source of this content. Virtual currency is not legal tender, is not backed by thegovernment, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
Bitcoin Press Release: Viuly is making available the Alpha version of its decentralized online video sharing platform, letting users interact with key features and earn rewards. The Viuly pre-ICO will launch on October 10, with limited VIU tokens up for sale to early supporters.
October 9, 2017 Tallin, Estonia – Blockchain video solutions start-up Viuly continues developing the world’s first blockchain-based decentralized video sharing platform. It is now available for users to access and test some of its early features, including watching and videos. Video authors can also use the platform now to manage content, including creating subscription channels and receive donations from users.
Anyone can try out the Alpha platform now to get a glimpse of Viuly’s mission to revolutionize the online video industry and earn sign-up and referral rewards.
Experience the decentralization of video sharing on Viuly’s Alpha Platform
Viuly’s blockchain-based solution that aims to disrupt the current industry of online video sharing is now available to use, with the release of its Alpha platform here.
Although still in early stages of conceptualization, Viuly Alpha already resembles a full-fledged platform for users and content creators to share and watch videos, while immediately earning rewards for their interactions within Viuly. This revolutionary ecosystem will give a glimpse of what it feels like to use a fair, unrestricted environment to share, watch, and upload any content.
Users can now visit the Alpha platform to register an account, and immediately search for videos to watch and earn VIU tokens for watching advertiser videos. Users can choose from a variety of categories such as travel, business, music and sports, or look at what others are watching from the trending list, or even try out some of the suggested videos. All this without limits to access and without blocked content – all while adhering to DMCA copyright requests.
Content creators can already upload videos or sell premium content as pay-per-view videos. Regular creators can also create paid subscription channels to build their own fanbase. Alternatively, authors can let their fans pay for what their like by accepting donations. Through Viuly, authors can expect to receive a fairer share of revenue from premium content.
Early users will get a welcome gift of VIU tokens to do with as they please. From now until October 30, all new users will receive 50 VIU just for signing up and 100 VIU for uploading their first video. They can immediately use it to buy premium content or donate to their favourite authors.
In addition, users can earn rewards for sharing the Viuly revolution: those who invite friends to join will earn 50 VIU for every referral who registers and confirms their email address.
Viuly is working hard to constantly improve and add to their platform, with the next developments expected to feature advertiser functionalities to allow businesses to market and pay users for watching their ad content.
Viuly will be the way people watch and share videos tomorrow
Viuly’s mission is to transform the current online video market through the innovation of blockchain technology. With decentralization and transparency, it aims to create a fair and open video network operating on an equitable model of revenue sharing. Built on the IPFS protocol, it uses a distributed network of data storage that ensures the network has zero downtime.
VIU tokens will power the Viuly network, ensuring quick and automated rewards for all network participants from users, creators and advertisers.
With the barriers of censorship and geographical restrictions lifted, Viuly will be a place for freedom of expression and freedom of access, while still remaining DMCA compliant.
Viuly’s revolutionary blockchain solution has already led to a firm backing of EUR 150,000 from Ukraine-based blockchain investor Krypton Capital. The deal reflects well on Viuly’s vision, as Krypton Capital’s “smart money” philosophy aims to establish strong ecosystems of related companies to grow values and revenues together.
The Viuly (VIU) Token and Fundraising
The main tool for transferring value between the network is the VIU token, issued on the Ethereum blockchain. VIU tokens feature full transparency and anonymity.
VIU’s growth prospects are predicted to be directly associated to its userbase growth, influencing demand and turnover. VIU tokens will never be reissued after the crowdsale.
Viuly will launch a pre-ICO with a 40% bonus on October 10 2017 to raise further funds to develop the world’s first decentralized video sharing platform. Following this, a public ICO will run from November 1st to 15th. A maximum of 550 million VIU tokens are up for offer at a base rate of 1 ETH = 2,000 VIU.
Viuly benefits from the vast experience of its founding team, with specialists in corporate management, blockchain business, marketing development, promotional strategy and project development. It also relies on support from an established financial technology advisory.
Some of its key team members include:
Ruslan Popa, Founder and CEO
Ruslan Popa has more than 12 years of experience creating and managing IT start-ups. He has served as CEO of several payment service providers, including the likes of RuPay, Qiwi and Rompay Solutions. Popa has an excellent track record of producing quick results and high financial performance in the companies he managed. LinkedIn: linkedin.com/in/ruslanpopa
Silviya Martirosyan, CMO
Silviya Martirosyan built her reputation as a strong and creative leader, launching and promoting some 30 projects in retail, corporate and financial sectors both at federal and regional levels. Martirosyan comes with six years of experience directly managing a team of nine sector experts. With her background in business administration and strategic management, she brings strong communication skills and solid marketing acumen to Viuly. LinkedIn: linkedin.com/in/silviya-martirosyan-6b09b444
Aleksey Vasyanin, CDO
Aleksey Vasyanin spent more than a decade helping companies to create and structure their corporate profiles. As a project management expert, he helped create, structure and develop partner networks in a highly competitive telecom market. Skilled in e-commerce solutions, VAS services, financial planning and content production, Vasyanin also excelled at optimising business processes and personnel management. LinkedIn: https://www.linkedin.com/in/aleksey-vasyanin-54600048/
Yuriy Chayka, Advisor
Yury Chayka delves into his rich experience as an entrepreneur and investor to help develop Viuly’s vision. He is President of the Ukrainian E-business Association, ideologist and founder of Fintech Cluster.He is also the founder of Ukraine’s first mobile wallet, MobiPay and co-founder and partner of fintech solutions provider Finovate Studio. He founded a slew of payment systems including RBKMoney, Autopay, Interkassa, MoneXy and mWallet. LinkedIn: https://www.linkedin.com/in/yuriychayka
Media Contact Contact Name: Ruslan Popa Contact:[email protected] Location: Tallin, Estonia
Screenshot of the Viuly Alpha platform:
Viuly is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.