You are here
Home > Posts tagged "ICO"

Wanchain – rebuilding finance with private Cross-Chain Smart Contracts

Wanchain aims to build a super financial market of digital assets. It is an infrastructure connecting different digital assets. With this infrastructure, financial services based on different digital assets can be carried out in a distributed way, finally forming a financial market composed of different business providers, application developers and clients. The concept of Financial Inclusion seeks to give disadvantaged people and small enterprises, worldwide, better access to the financial system and lowcost financial services. Two and a half billion people in the world do not have access to a bank. They can neither open a saving account nor obtain a credit card. These people are separated from the global economy. Users that conduct cross-border remittances through banks bear high transaction expenses. Common investors can only buy relatively low-end financial products from major financial organizations and cannot participate in the early-stage investment of technological companies such as Google and Alibaba before they are listed. Despite having good credit and outstanding performance, many small and medium-sized enterprises are not the targeted clients of traditional banks under the 80/20 law, so it is difficult for them to obtain loans . Georg Hegel said "Reality is a historical process," and the emergence of blockchain technology is changing the above situation. When Venezuela recently depreciated its currency, Bitcoin became a popular asset safe-haven. In the Philippines, people working in foreign countries can remit their income to their inadequate hometown banks through the blockchain network. Investors that participated in the primary investment of famous ICO blockchain projects, including Ethereum, gained hundreds of times the return on their investment. Blockchain technology is boosting Financial Inclusion to new heights. Wanchain is entering the fray and engineering an infrastructure totally based on distributed networks and cryptology. We are solving the issue of transferring assets between different blockchains by using improved blockchain technology rather than by using another more centralized method. The objective of Wanchain is to provide financial services, based on digital assets, to all blockchain clients in a safe and open way. With Wanchain, any individual or institution can set up their own business window and provide services such as loan origination, asset exchanges, credit payments, and transaction settlements based on digital assets. The blockchain-based infrastructure provided by Wanchain guarantees that more people will enjoy increased access to financial services based on digital assets, retain better control of their assets, and have more ways to increase the the value of their assets. The blueprint for Wanchain we envision is a distributed super financial market based on blockchain. Wanchain is a project created by the blockchain team led by Mr. Jack Lu. Mr. Lu joined the blockchain revolution in 2012 and cofounded Factom, the globally famous blockchain project. Factom was introduced to the public with the headline "The Trust Machine: How the Technology Behind Bitcoin Could Change the World" by the famous British magazine, the Economist. In 2016, Mr. Lu founded Wanglu Tech in China and devoted himself to blockchain commercial applications. Wanglu Tech has achieved commercial success in the areas of immutable records and supply chain financing. The Wanchain team is using resources in China and the United States to set up a global R&D team. More importantly, the Wanchain team has retained the top experts in applied mathematics and cryptology. As part of the Wanchain scientific

How to spot new ICO’s

There are many websites dedicated to listing new ICO's, however, there is no site that offers them all. Therefore we suggest to take a look at the following websites for your research: Good luck spotting your new pearl!

AI Crypto – AI BlockChain for Decentralized Economy

AI Crypto creates an AI ecosystem based on blockchain therefore, contributing to the development of AI industries. NECESSARY AI COMPONENTS GPU - Provides AI Crypto PLATFORM to ensure the rightful use of GPU Network. DATA - Provides a blockchain-based platform that can create, distribute, and reward the AI learning data. MODEL - Provides a Machine-Learning model to reduce costs and enhance convenience.   Artificial Intelligence for What? Since the appearance of Cybernetics in the early 20th Century, many Artificial Intelligence (AI) scientists and engineers went through numerous trials and errors to prove, realize, and sometimes dismiss and fail various theories to understand intellectual behaviors of human. Regardless of the questions asked and how we answered them, what is the ultimate goal for AI research? It is not to fulfil the intellectual curiosity but when it comes to serve the mankind, that is the reason why our AI Crypto Team is dedicated to AI. Blockchain is emerging to be the topic of conversation. It is a revolutionary idea as it is shifting the paradigm of existing technology. Not only blockchain is a technological innovation based on an open idea, we cannot disregard the fact that people are fascinated over cryptocurrencies based on blockchain. Are we just going to treat this innovation as the ‘Tulip Fever’? Artificial intelligence is a technology that can change our future, but the monopoly of research and development resources is a big problem. Artificial intelligence research requires three elements: data for learning, artificial intelligence algorithms, and computing power. The data generated by ordinary users is dominated by few big corporations such as Facebook, Google and Amazon. Many of the people who develop algorithms work for giants such as Google, Baidu and IBM. Dominant players in the computing power market are again for Amazon, Google, and Microsoft. If the research and development of artificial intelligence proceeds as it is, artificial intelligence will become the property of these giant corporations rather than human assets. We, the AI Crypto Team, as artificial intelligence researchers, propose AI Crypto Ecosystem as a global shelter to make artificial intelligence a property of humanity. Individuals are willing to provide their own idle resources of computing power, to create data needed for artificial intelligence research and to be compensated for their worth. In addition, the AI Crypto Society, an alliance of AI researchers, developers and start-up companies, aims to share their capabilities in the AI field so that fair compensation can be made. Artificial intelligence should be the property of all mankind, not private property of a certain.

Selfkey, The blockchain based identity management system

The SelfKey ecosystem is a blockchain based identity management system that puts identity owners in control of their digital identity and allows them to request document certifications. After the user is verified, they can instantly and securely access products and services avoiding any repetitive and burdensome KYC process. Relying parties, certifiers and identity owners can transact in a secure, private, decentralized manner to exchange identity claims. SelfKey runs on smart contracts with economic incentives powered by SelfKey tokens (KEY) and smart contracts run on the Ethereum Virtual Machine (EVM) and Ethereum Blockchain.