With cryptocurrency mining becoming an ever-popular venture within the space, we take a look at one such mining company who will use security tokens as a means to provide a share of the company for token holders. By literally allowing people to own a piece of the company that owns and operates everything, Minedblock is enabling a new level of access to cryptocurrency mining. To be abundantly clear, this is not a service that rents out mining rigs long term or another service selling “mining contracts” popular with amateur home miners, this token offering comes with a whole lot more than just a token!
With token holders legally entitled to a portion of ownership in the company itself, Minedblock becomes the first to use the security token model to fund a cryptocurrency mining operation and the first to file with the SEC, this can be proved here.
So how would it work exactly? Token holders are sent their cut of the profits at the beginning of each month, paid in ETH for now, but the company says they’ll have several payout options in the future. The token itself, the MinedBlock ‘MBTX’ is an ST-20 token built on PolyMath platform, which is in turn built on the Ethereum blockchain.
Also interesting to see, but actually makes a lot of sense – the fundraising caps are totally open-ended, with no limits. That wouldn’t sit well in the whitepaper of a typical ICO, but in this case, the amount they raise simply determines how many mining rigs will be running at the start. The percentage someone earns isn’t based on the number of tokens, but the percentage of the total token supply someone is holding instead.
Security tokens cannot thrive on hype alone, for obvious reasons, and the token holders know exactly how well the company is doing at all times due to monthly updates as well as the amount of their payouts.
So the Minedblock team is going to be feeling the pressure, and mining isn’t a risk-free business – the reality is far from ‘free money’ like some try to describe it. Thankfully, the Minedblock team seems to have been taking notes on what has and hasn’t worked for others.
The largest expense of course – electricity. To lower that cost they’ve chosen Iceland as the first location, which has been consistently been drawing in miners with their low-cost electricity. They’re also not just mining Bitcoin, they’ll go wherever the highest profits are.
You can participate right away because the token sale has just begun! They’ve already earned some impressive evaluation scores from ICOBench with a 4.3(out of 5.0), as well as 9 (out of 10) on ICOMarks. Head over to their site to learn more https://www.minedblock.io/
HubrisOne Technologies, the company behind HubrisOne’s fast-growing all in-one fiat-cryptocurrency current account has just announced their new private seed round which is live on Seedrs. With over 14,000 users on their waiting list within weeks, HubrisOne is opening the doors for cryptocurrency investors and traditional investors to own shares in their rapidly growing business, the minimum investment is £10.80.
This unique opportunity to own equity and become a full legal shareholder is a first in the cryptocurrency industry. The private round is limited to a small number of shares before the public seed round is opened to the general public.
HubrisOne is transforming and disrupting a $600billion industry by changing the way people manage their cryptocurrency assets, manage their current bank accounts, send cross-border payments and more, all within a few taps.
Note: Each investor that invests through the Seedrs platform is protected and receives full investor protection rights.
The blockchain and cryptocurrencies are penetrating into our lives faster than the Internet did back in the day. As more and more people do business by using cryptocurrency for investments and payments, we have made it our goal to create VISO, a new-generation solution that makes cryptocurrency a means of everyday payments worldwide.
VISO is a payment system provider that incorporates cryptocurrency payments into point of sale SMART Terminals. Viso has a pragmatic team of developers on the team Egor Petukhovsky, Sergey Popov & Ann Tatarinchik the bright minds driving their in-house tech lab, advisors on the project include Sasha Ivanov who heads up the team at Waves. It will come as no surprise that Waves is the platform that Viso have launched their asset on, due to TX speeds available on this blockchain.
Conventional stores, restaurants, online stores, gas stations, dentistry clinics, coffee shops, and hundreds of other retailers will all be able to receive payments for their goods and services with VISO. The system lets you pay virtually any amounts for anything! This will
not only boost sales but also draw new customers to your business. Payments can even be made using the existing conventional payment environment via credit card-based purchase terminals, as VISO is not just about cards: we have been creating a full-scale system encompassing Cards for Regular Users, Top-Level Processing, and Payment-Accepting Terminals for Businesses.
The payment system will offer an unlimited potential for the instant and contactless receipt and sending of payments between the system’s individual users.
VISO Token (VITO)
The VITO token is used in the VISO payment system as a settlement cryptocurrency and a means of paying commissions.
The worldwide spread of VISO has been programmed into the system and can occur any time now. VITO is a limited-issue token used for currency conversion in the payment system. Another reason the VITO TOKEN will interest investors is that VISO will enable individuals to instantly receive and send payments with no limits at all. With VISO, everybody wins, but those who become the first to use it will win the most.
“It makes sense to let the potential investor understand that we aren’t going to compete with monsters like banking systems but that we can make these monsters more humane, easy-to-use, and beneficial to everyone by expanding their capabilities via the VISO solution.”
All of cryptocurrency acceptance is implemented on VISO SMART terminals via the VISO Wallet and VITO Tokens. The cryptocurrency accepted as payment is automatically and instantly converted through processing, and the sale itself occurs in the national currency of the country in which the payment takes place. That way, SMART terminals or the VISO app for sellers greatly simplifies the day-to-day acceptance of payments and extends users’ cryptocurrency acceptance capabilities.
VISO Wallet options
Most people have already made the transition to digital payments systems in one form or another, be it contactless payments with a payment card, mobile payments or funds transfer using Samsung Pay, Alipay, PayPal or Apple Pay, or interacting with their bank accounts through mobile apps. The VISO vision does not seek to change any of this, but seeks simply to enhance it, to make things easier by taking advantage of the blockchain architecture and adding the ability to deal with cryptocurrencies, in short, to make it seamless.
Anyone with Internet access can open a VISO Wallet and the balance can be denominated in VITO, other cryptocurrencies (BTC, ETH, Waves etc.) or any fiat currencies. To open a VISO Wallet, you go through a quick and easy registration process, which will allow you to reinstate your wallet access if you forget your login or password. VISO Wallet is a secure platform with access procedures that comply with banking security standards. Though primarily intended as a mobile app the VISO Wallet is also available in a web browser interface.
The VISO system relies upon its own token and cryptocurrency, VITO. Whenever a crypto or fiat transaction takes place, or a crypto to fiat exchange is needed, the required currencies are exchanged into and out of VITO. However, the speed of the system means that this takes place behind the scenes and is imperceptible to the user. Of course, VITO are required to access and use the VISO ecosystem but these are easily purchased with the fiat- or cryptocurrency of your choice, inside your VISO Wallet.
Again, our vision is utility for the customer, so VISO guarantees the best exchange rates, for whatever currency is required. Both domestic and international transfers and payment in VITO are commission-free. If cryptocurrencies are not accepted at the PoS then the VISO system will convert crypto to fiat on the fly; the merchant receives fiat and the VISO Wallet user pays in crypto. To facilitate this real-time transaction, the user will need to pre-select the crypto and/or fiat balance they wish to convert from; a simple process within the VISO Wallet app.
VISO Card Lite: a virtual card powered by Host Card Emulation technology, enabling contactless payments from any NFC technology-supporting smartphone. VISO Card Pro: a physical MasterCard or VISA payment card linked to VISO Wallet which supports contactless payments.
In the near future, they envision:
VISO Card Celestial: all the usual benefits, plus a credit card. VISO Card Infinity: all the usual benefits, plus a premium credit card.
VISO cards support the SMART Balance technology, which enables the automatic conversion of funds from a payment card or a bank account into cryptocurrency and back. After enabling this option, you will no longer have to make cryptocurrency sale/purchase
transactions manually. Conversion rules are customizable by the user. This technology enables you to always maintain your preferred balance in regular currencies and in cryptocurrency.
Example: let’s say that you have set yourself a limit of USD 1,000 and that you have a BTC balance. After you make a USD 300 purchase, the system automatically sells the required quantity of bitcoins to bring your balance back to USD 1,000. Or the other way around, suppose you have refilled your card and now have a USD 1,600 balance. The system will
automatically sell USD 600 to refill your BTC balance.
VISO have taken payment cards to a new level!
Card issuing fee – physical
Card issuing fee – virtual
Annual fee – physical card
Annual fee – virtual card
Domestic exchange fee
Foreign exchange fee
VISO SMART Terminals
Through VISO SMART terminals, customers can:
VISO SMART terminals are a new generation of terminal that combine the features of regular bank terminals, payment terminals and cash registers, and that allow for launching any mobile apps powered by Android. VISO SMART terminals can be integrated with the accounting system of a commercial enterprise, effectively turning it into a fully featured
cash register that displays an entire product line. Combining all cashier machines into a single device allows the point of sale to minimise costs, which is especially important for small businesses.
VISO SMART terminals have the VISA and MasterCard certification, enabling these terminals to quickly replace any bank terminals at any point of sale. This certification means that VISO SMART terminals meet the PCI DSS 3 information security standard, which makes them highly secure.
In what has been a busy 2019 for the Viso team they have announced they have received licences to operate their SMART Terminals in the regions of Russia and Belarus. When you look at the partners they have onboard that include M4bank & Paymob alongside auditing firm Auditmrcheveli to name a few.
The company’s co-founders are the creators of technology leaders whose products have
been certified by VISA, MasterCard, American Express, Union Pay, and Belkart.
Viso currently trading on the Waves DEX under its native token VITO and is looking like a real value proposition! Check it out HERE!
While the vast majority of the cryptocurrency industry has been both chaos and turmoil in 2018, there is a hidden gem which has bucked the bearish trend. The project is Turtle Network, which forged its first ever block in April ’18 and managed to increase its market cap substantially and perform over one million transactions in under 8 months.
But you would never know any of this, because almost everything Turtle Network has done until now has been a quiet, grassroots effort. There are no paid employees, everyone who works on the project is either a volunteer or helping in exchange for bounties.
What is Turtle Network?
“It’s an open, trusted, secure and distributed Blockchain Network for everyone with a build-in Decentralized Exchange (DEX).”
Here are some current facts about the Turtle Network;
Over 30 independently run nodes support the Turtle Network security across 13 countries worldwide.
Turtle Network is based on a tech stack called scorex (funded by IOHK).
Turtle Network is the first successful fork of the Waves platform and supported by a number of key players from inside the Waves ecosystem.
Approximately 76% of the entire supply of TN is already staked.
There is a built-in Decentralized Exchange (DEX) inside the Turtle Network wallet able to handle over 100 transactions per second.
Turtle Network just completed its one millionth transaction.
ERC-20 gateways are live.
What is Turtle Network’s value proposition?
Open, transparent, and collaborative discussions and decisions.
Open developer-friendly environment.
Gateway Framework allows other network coins or tokens to utilize the Turtle Network, DEX, Telegram tipping bot & access to the strong Turtle Community. The Turtle Network utilizes Gateways for bi-directional token transfer on/off the network, in a quick and seamless manner.
ICO Due Diligence (IDD) framework to assist ICO holder with Due Diligence and investor with risk management.
Telegram tipping and instant trade bot.
We aspire to allow the community to be actively involved in binding decisions through blockchain voting (secure, transparent & fair)
With the main foundation now in place, the Turtle Network is looking to list coins/tokens from other platforms.
So, what additional reasons are there for you list your coin/token on Turtle Network?
Coin/token Gateway listing is inexpensive and includes self-managed options. There is a promotion running at the moment.
Listing a coin on Turtle Network helps support a grassroots project that has great tech and is not some blood-sucking for-profit corporation.
The Turtle Network telegram community is very tightly-knit has over 1,500 cryptocurrency enthusiasts, many of which are welcoming new projects with open arms and helping create exposure to those projects.
Every listed project gets access to the telegram tipping bot which allows people to easily tip and trade a coin/token from within telegram without having to go through technical setup of making a wallet.
Tip bot allows people to tip your coin/token. This gives you an opportunity to really spread the circulation of your token via community.
Trade bot allows people to buy and sell your coin/token without having to even leave the comfort and safety of telegram.
With the continuing emergence of blockchain technology disrupting the more conventional forms of practices today, we take a closer look at the vision outlined by Genesis Supply Chain on exactly how they plan to solve some of the most common issues, in one of the biggest industries suffering from a lack of autonomous management. We are, of course, referring to the supply chain industry. Although to most this is an industry flying relatively low under the radar in terms of attention, it certainly is one that could potentially be revolutionised by the utilization of this new and wonderful technology.
The supply chain industry makes up two thirds of global GDP, making it patently obvious that with a positive restructuring of the way this industry operates, we could see some drastically improved statistics. Whether by means of human error or a lack of general technical procedures, the supply chain industry is currently fraught with problems.
Serious investors in blockchain solutions will take note of how well the technology could potentially revitalise any particular industry, and there’s no doubt that the supply chain is one particular sector in need of a serious re-boot. GSC Platform aim to be at the forefront of that particular revolution!
THE STAKES OF SUPPLY CHAIN WITHIN THE INDUSTRY
Wide and complex supplier’s clusters constantly appear and produce connected objects
(IoT) which are getting more and more innovative, having an impact on traditional
approaches for the supply chain industry. A company might have to deal with thousands of
suppliers and partners through various industries to fulfil its client’s needs.
In Deloitte’s article* regarding risks impacting the supply chain, companies highlight their
difficulty to manage sudden demand changes as well as the mark-up erosion, mainly due to
globalization and worldwide connectivity. Indeed, companies have no other choice
than trusting their stakeholders – internal and external to control the various flows of
their business activity. Even by using outsourcing as a lever, numerous companies fail
when they attempt finding a reliable visibility on their whole supply chain and remain
dependent on their stakeholders.
In any efficient supply chain system, partners share data, financial information or even
intellectual property. Beyond contracts, audits and insurance, trust in integrity and
performance of everyone is a priceless asset. However, in wide and fluid systems,
constructors lack visibility regarding data and activities of each stakeholder, implying trust
must be built another way. In these situations, where a high volume of transaction between
actors which most often do not know each other, quickness, trust and efficiency become
vital. An automated and outsourced blockchain solution based on sharing and data management appears as logical. Please see below some cases of blockchain utilization among various industries:
-Moog is developing a blockchain platform to share in complete safety details of computer assisted design aircraft parts with its suppliers.
-Maersk and IBM are working on cross-border and crossed transactions using blockchain technology to improve process efficiency.
Blockchain is a wide outsourced network of computers, recording every transaction
made by a member of the chain in a shared register (blockchain) which is
continuously and collectively updated live. In addition, a consensual algorithm
working in each of the computers ensure the validity of each transaction and prevents
fraud, malware attacks as well as data forging.
In any industry, whichever sector, holding data regarding the product quality and being
able to locate the supplier of a faulty component is essential for the main actors
of the sector. Moreover, reliable and verifiable characteristics of blockchain technology
shape a quick and efficient answer to fraud detection processes. Blockchain technology will
improve safety, speed, and make those ecosystems more reactive.
Today, supply chain industry represents two third of the global GDP (around 54 thousand
billion dollars worldwide). However, the increasing segmentation of economics, safety
and fluidity brought by blockchain technology to financial operation, will drastically reduce
risks linked to loans.
Thus, those loans will make the SME activity soar, being billion dollars opportunities for the
global supply chain market.
Purchasing services play an essential part in companies’ organization. With a
portfolio representing 40-80 % of the global revenue, the buyer is at the centre as he
is the link between all services (internal clients such as production, commercial, financial),
with clients but also and mainly with suppliers.
Please see below a simplified process of production among the industry:
Purchasing department is at the center of each company, in any industrial sector.
Its efficiency is essential for the good development of the company.
The relationship Buyer – Supplier:
Suppliers bring you a wider business network.
A good partner (buyer or supplier) becomes an efficient shield to face competition.
He strongly develops the company’s growth.
He increases the ROI.
It is clear that choosing a partner shall not only be made regarding its price offer. In this
case, you might make some quick savings but on the longer term, if your supplier is not
efficient, your ROI will be minimal.
Numerous factors will sway the choice of your supplier. Its prices obviously, but we should
also assess the quality-price ratio, quality of service, its reliability, speed in terms of
execution and other criterion which are all to be borne in mind to make the good
In the current supply chain, purchaser must go through tedious, manual and time
consuming tasks. Moreover, companies work on centralized database, prone to industrial
espionage and not connected with clients and supplier’s systems. In addition, spare
parts market is threatened by counterfeiting and documents forging, which are at the
origin of dead weight loss as well as risky in terms of human lives (plane accident, train
In this context, GSC Platform, thanks to the Blockchain technology, brings:
An outsourced ecosystem.
A higher data safety.
A process automation.
A digital link between every actor’s databases.
A mark-up save for companies and a higher safety for consumers among sensitive
Provided with more than 7 years of experience as a purchaser in the aviation area, Maxime Legros has noticed that tools and communication channels available do not fit, leading to a deadweight loss for their company. After discovering Blockchain technology in 2016, studying technologies such as Bitcoin and Ethereum, Maxime sees, via Blockchain, the ideal solution to improve purchasing processes.
I have thought GSC Platform, ever since its creation, as a way to create a virtuous circle in the relationship between suppliers and buyers, by improving trust, avoiding time consuming tasks for the purchaser. For me, the buyer is the engine of every company, and by using GSC Platform, he spares time in favour of added value missions, such as negotiating or searching for new suppliers.
“GSC ERP 3.0 will adapt to any company, regardless of its activity area or its size and substantially improve purchaser’s efficiency. The company will increase its mark-up without a need for weighty contribution nor modifying its intern processes.
My wish is to make GSC Platform the ultimate solution for every stakeholder of the industry, and to be pioneers in terms of purchase process improvement among cutting edge technologies such as Hyperloop, drones or IA.
The industry we are building together today will be our kid’s tomorrow!”