awesomeblockchain

[awesomeblockchain]

Messenger Bank will Issue First Ever Cryptocurrency Backed Bond

Jun. 20, 2018 / PRZen / STOCKHOLM, Sweden & FRANKFURT, Germany -- Messenger Bank (known hereinafter, together with its affiliates, as "MB") are pleased to announce the world's first cryptocurrency backed bond. MB a leading financial technology firm, with offices around the world; has retained the firm Landes and Compagnie Trust Priv KB for the purpose of evaluating and facilitating the issuance of a new 250,000,000 principal amount of senior secured medium term note offering due in 2023 (known hereinafter as "Notes"). The net proceeds from the offering, will be used by the Company (i) to raise capital to be used to increase network capacity (ii) maintain security monitoring (iii) update customer services policies and protocols, (iv) new product offerings, and (v) for general corporate purposes, including working capital.MB's expects to see double-digit growth each of the next five (5) years, that combined with wide spread adoption of blockchain technology will lead to great efficiency and hopefully international cooperation. MB's proprietary exchange will allow for trading of more than 100 different currencies, all protected by cutting edge security measures virtually eliminating loss from hacking.This press release does not constitute an offer to sell or the solicitation of an offer to buy the Notes, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful.About Messenger BankMessenger Bank is a world wide leader in innovative blockchain technology, with its own cryptocurrency blockchain exchange platform Messenger Exchange. Messenger Exchange is faster, more efficient, and less expensive than any other exchange or cross-border settlement platform on the market today, making it unmatched by any other payments servicer. In addition to Messenger Exchange, Messenger Bank is the issuer of its own virtual currency token, Messenger Bank Credit Coin. Messenger Bank brings cutting edge banking technology to the masses. Please follow Messenger Bank on Twitter and Instagram @MessengerBankAbout Landes & Cie Trust Prive KBLandes & Compagnie Trust Prive KB is a boutique trust administrator offering asset management, investment bank, and financial consulting services to individuals and corporations that require the highest level of attention to detail. With headquarters in Stockholm, Sweden Landes and & Cie has assets under care in multiple countries across Europe, and around the world. Feel free to follow Landes' activities online and via social media @LandesTrust.Contact:Justin Smith, Landes & Cie Trust Priv, +46 8-519 72 637Follow the full story here: https://ift.tt/2tLA54e Source: Landes and Compagnie Trust Prive

https://ift.tt/2lG5DVz

[awesomeblockchain]

A subsidiary of Alibaba Group Holding Ltd (NYSE:BABA) Ant Financial has trialled its first blockchain remittances, sending a transaction in three seconds, Bloomberg reports June 25.

The company, formerly known as AliPay, completed a funds transfer between its AliPayHK app in Hong Kong and Filipino payment app GCash, its joint project with local telecoms company Globe Telecom.

Part of a growing trend of Blockchain remittances in the Philippines, Ant Financial will establish international outreach in future, CEO Jack Ma told the press on the back of the project.

-Blockchain should not be a tech to get rich overnight...There are still 1.7 billion people in the world who have no bank accounts, but most of them have mobile phones. The impact of blockchain on the future of humans may be far beyond our imagination."

Alibaba Group Holding Ltd (NYSE:BABA), a Services sector firm, traded 8.94 Million shares in last trading session and stock plummeted -0.10% with closing price of $202.01 per share. Company gross margins represents its total sales revenue minus its cost of goods sold (COGS), divided by the total sales revenue earned by the company, expressed as a percentage. And its good to know that the higher that percentage, the more the company retains on each dollar of sales, to service its other costs and the debt obligations, and Alibaba Group Holding Ltd (NYSE:BABA)'s gross margin stands at 57.20%.

For personal guess ROI is usually expressed as a percentage and is typically used for taking any financial decisions, for the purpose of comparing a Alibaba Group Holding Ltd (NYSE:BABA)'s profitability or to compare the efficiency of different investments, hence, BABA return on investment (ROI) is 10.40%.

52-Week Range are valuable stats for watching Alibaba Group Holding Ltd (NYSE:BABA)'s past year fluctuation as that gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range. Alibaba Group Holding Ltd (NYSE:BABA)'s stock value has moved between $137.42 - 212.64 in last one year.

Analysts mean target price for Alibaba Group Holding Ltd (NYSE:BABA) is $243.09 while analysts mean recommendation is 1.70.

Its weekly performance is -2.88% while year to date (YTD) performance is 17.15%.

Earnings per share growth is defined as the percentage change in normalised earnings per share over the previous 12 month period to the latest year end. It gives a good picture of the rate at which a company has grown its profitability. Alibaba Group Holding Ltd (NYSE:BABA)'s EPS growth this year is 44.70%. For best decision making investors should look at Alibaba Group Holding Ltd (NYSE:BABA)'s EPS growth for next year stands at 33.10%.

https://ift.tt/2u6qoAo

[awesomeblockchain]

Microsoft and EY launched a blockchain for content rights and royalty management this week with the goal of streamlining costly and time-consuming processes in entertainment rights and royalties. The model will initially serve gaming and then transition to advertising and other industries.

The two companies are using the Quorum blockchain running in the Azure environment. When fully deployed, it will have more than 3,000 business partners that run 2 million transactions daily, said Paul Brody, EY's global innovation leader.

Ubisoft, along with two other major video game companies, have been using the blockchain, looking at the output of the blockchain and comparing it with the output of the transitional system. They are helping to verify and validate the data. The consensus algorithm -- the back-end system -- verifies that the transactions are processed correctly.

Today the system handles about 50,000 daily transactions in beta.

-The rules of payments and transactions are very similar to advertising, so we plan to expand this into multiple types of intellectual property," Brody said.

Brody anticipates that advertisers will capitalize on the same type of information and speed. "We're putting the plumbing in place," he said. -Then we change the business rules," he said. This would apply not only the business rules for IP, but also for viewability, he said -- viewability of the ads to verify the ads were viewed by a website visitor, for example.

"People don't trust that they got what they paid for," he said, citing viewability, reporting errors, and the way ads are priced in marketplaces.

As for the gaming industry, Microsoft and the game publishers have identical versions of the database so marketers and developers at each company can verify the transactions.

Managing the rights and the royalties for digital media is an incredibly challenging and complex process. Take the Microsoft Xbox gaming platform, for example, with more than 3,000 game publishers and about the same amount of games. Every game in every country is sold as a separate product and governed by a specific contract that ranges from something relatively simple to something more complex.

Those contracts require payment. As Microsoft's sales grew, it became a very complex process to determine what the company owes each partner. Today it takes Microsoft 45 days following the end of the month before the company has the data to tell its business partners how much they owe the company based on sales across the platform.

Brody said the blockchain will reduce that 45-day process to less than a minute because it automates the rights and payment process. -They also can inspect all the underlying data and view the business logic to make sure the rules are in line with the contract," he said.

The complex process require Microsoft to buy the games from the game publishers, which don't actually make the games. They buy the games from developers, who integrate several pieces of intellectual property into the game. That IP requires payment.

The advertising industry works in a very similar way. -It might be 180 days from when someone clicks on a game in the app store to when they get paid," Brody said.

https://ift.tt/2lAL8cz

[awesomeblockchain]

Law360 (June 25, 2018, 11:19 AM EDT) -- Betting on sports means large amounts of money changing hands quickly through third-party facilitation and accounts: the necessity and desire of speed, accuracy, transparency and security is obvious. Enter blockchain - a distributed ledger technology that is quick, accurate, public and secure and has the potential to be a disruption in virtually every market sector, including revolutionizing the recently ignited betting world. With the U.S. Supreme Court's recent ruling striking down as unconstitutional a 1992 federal law banning sports gambling in most states, essentially freeing states...

To view the full article, register now.

https://ift.tt/2tLA3t8

[awesomeblockchain]

Ant Financial Services, an affiliate of Alibaba Group Holding, has taken a step towards dramatically lowering the cost of remitting money overseas in a move that will help the hundreds of thousands of Filipinos working in Hong Kong, who collectively remit about HK$4.4 billion (US$561 million) annually to family and friends back home.

By using blockchain technology, Ant Financial aims to eventually cut the cost of remittances to near zero, according to Alibaba co-founder Jack Ma Yun, who said on Monday he wanted to find a way to help people.

-This comes from a promise I made a long time ago when Alipay was just launched," said Ma, whose company Alibaba owns the South China Morning Post. -I have Filipino friends who asked me when they could use Alipay to send money home because it was too expensive through banks, which charge too much."

The blockchain money remittance service announced Monday for its AlipayHK wallet is the first of its kind globally, according to Ant Financial. It is currently available only for transfers between Hong Kong and the Philippines, which is the world's third-largest remittance market, with inflows of US$33 billion in 2017, according to Standard Chartered, which will act as the settlement bank for both AlipayHK and GCash for the blockchain transactions.

-Hong Kong is an international financial centre in Asia, and it is most fitting that Ant Financial has chosen to kick off this pilot project right here," said the city's financial secretary Paul Chan Mo-po. -We take pride in Hong Kong's robust and effective financial regulatory regime that is in line with international standards. Our financial regulators are doing their part to facilitate and foster innovations in the industry with their dedicated liaison platforms and sandboxes ... allowing financial service providers to conduct pilot trials of fintech solutions in confined environments."

Hong Kong's banks and remittance outlets charge about HKD$18, and may impose other costs such as commissions or currency conversion fees on every transfer.

Ma, speaking at the launch event, said he wants to make it possible for people to remit even 1 cent at almost no cost, compared with the higher fees charged by traditional remittance services like MoneyGram, which Ant tried to buy last year.

-At the time we wanted to [buy] MoneyGram and overhaul it to help people all over the world solve this issue. Due to reasons from the US our deal with MoneyGram did not succeed, so I said, 'Let's make one better [than MoneyGram]' that uses the most advanced technology," Ma said.

-The impact of blockchain to people and society will be greater than we can ever imagine," he said.

Ant Financial raises $14 billion in latest funding round as it seeks to expand Alipay globally

Blockchain, the digital ledger technology behind cryptocurrency bitcoin, provides a series of networks of databases that let users create, disseminate and store information securely and efficiently, eliminating the need for a central authority and providing greater transparency for transactions every step of the way.

The launch of the blockchain feature comes as internet companies globally are seeking to use financial technology to provide more efficient and affordable financial services to users, an area traditionally dominated by banks. Hong Kong financial technology company TNG Wallet already provides mobile remittances via digital wallets, but it does not use blockchain.

Users of AlipayHK, the Hong Kong version of Ant Financial's Alipay wallet on the Chinese mainland, will be able to transfer money within seconds to users of GCash, a mobile money service and wallet operated by Filipino telecommunications company Globe Telecom, that has about eight million users in the country. Transaction fees will be waived during the initial three-month trial period, Ant Financial said.

In 2016, Filipinos working in Hong Kong remitted HK$4.4 billion (US$561 million) to their home country, according to estimates from social workers. There are more than 180,000 Filipinos working as domestic helpers in the city, making it the largest foreign community in Hong Kong.

Through the Alipay blockchain, remittances can be done at a competitive exchange rate, in real-time and with lower fees than traditional money transfer services, according to the company.

Alibaba to acquire 33pc stake in Ant Financial, clearing the way for Alipay operator's IPO

Anthony Thomas, president and chief executive of Mynt, the operator of GCash, said the company was building an ecosystem to make financial services affordable and accessible for all Filipinos. -We believe that for overseas Filipinos, sending money home to their family's GCash mobile wallet will soon be the norm," he said.

Although Ant Financial's blockchain is the first of its kind, Tencent Holdings' WeChat and partner EMQ as well as Hong Kong fintech start-up TNG Wallet have earlier launched services that enable domestic workers from the Philippines and Indonesia to remit money via mobile devices.

It has already become -very popular" to send money to the Philippines and Indonesia via TNG and WeChat's mobile apps, according to Sringatin, a spokeswoman for the Asian Migrants' Coordinating Body, an alliance of domestic workers' groups in Hong Kong.

She said domestic workers use such apps because it is -very easy to send money" to Indonesia or the Philippines with just a few clicks to complete a transfer, without having to wait in line.

In January, Ant Financial's US$1.2 billion offer for MoneyGram failed to obtain approval from the Committee on Foreign Investment in the United States (CFIUS), a US government panel that assesses the national security implications of foreign investments in American companies.

This article originally appeared on the South China Morning Post (SCMP), the leading news media reporting on China and Asia. For more SCMP stories, please download our mobile app, follow us on Twitter, and like us on Facebook.

Copyright (c) 2018. South China Morning Post Publishers Ltd. All rights reserved.

https://ift.tt/2lAL78v

[awesomeblockchain]

Payments observers wondering when, and where, blockchain technology would take hold may want to pay close attention to cross-border remittances. Alipay Payment Services (HK) Ltd. said on Monday that it has launched a mobile-wallet based money-transfer service between Hong Kong and the Philippines using a blockchain backbone.

The service, which works with the digital wallet GCash from the Philippines-based Globe Telecom, allows streamlined remittances between individuals, according to the release. In particular, it is aimed at Filipinos residing in Hong Kong who want to send money home. -What used to be a long process of physically going to a remittance booth, queuing in line for hours, and filling out forms, is now easily and securely done over the mobile phone in just a few seconds," said Jennifer Tan, chief executive of AlipayHK, in a statement.

Among the new service's advantages is that its distributed ledger allows operators to verify and process transactions simultaneously, Alipay says. Standard Chartered Bank is providing the banking links, the company says. Users may also track payments as they occur.

China's Ant Financial Services Group and its Alipay online-payments service have been working on blockchain technology since 2015, and clearly plan further investment in the technology. -Blockchain is revolutionizing the remittance industry, and we look forward to further innovating and expanding the application of the technology in global remittances, together with local wallet partners and other ecosystem partners," said Eric Jing, executive chairman and chief executive of Ant Financial, in a statement.

Ant Financial, best known in North America as a major provider of mobile-payments services through its Alipay unit, made a big play for global remittance capability last year with an $880 million offer to acquire MoneyGram International Inc. Ant called the deal off early in January after running into resistance from the U.S government. Under the merger agreement's terms, an Ant affiliate agreed to pay a $30-million termination fee to MoneyGram.

Nor is the Hong Kong-to-the Philippines transfer service the first effort to harness blockchain for cross-border remittances. Ripple, a San Francisco-based provider of distributed-ledger-based payments platforms, said in April that five payments services overseas had signed on to use the company's xVia application programming interface. The API works with Ripple's RippleNet network to speed transfers, cut operational costs, and increase operators' visibility into payments, Ripple said.

Worldwide, Alipay claims 870 million active users for its payments services. Ant Financial, which this month raised about $14 billion in new funding, has been investigating technologies besides blockchain in recent years, including artificial intelligence and facial recognition. It introduced the latter capability in September through Alipay.

https://ift.tt/2tLA1l0

[awesomeblockchain]

Our roundup of industry highlights

Reality Shares introduces blockchain ETF

Reality Shares launched an ETF that gives clients access to China-based companies in the blockchain industry.

The Reality Shares Nasdaq NexGen Economy China ETF (BCNA) will track the Nasdaq Blockchain China Index, which identifies and invests in Chinese companies committing material resources to develop and implement blockchain technology. As of June 21, the fund's top holdings include Alibaba Group, Baidu, Jiangsu Zhongnan Construction and DHC Software. The expense ratio is 0.78%, according to Morningstar.

The fund's top holding was Alibaba as of June 21.

Bloomberg News

-China's blockchain industry presents an incredibly exciting and long-term investment opportunity, and through BCNA, investors can now easily access this emergent market," said Reality Shares CEO Eric Ervin.

Ocean Capital launches an AI global macro ETF

Ocean Capital Advisors launched a new ETF that uses artificial intelligence technology to track and project leading economies.

The Rogers AI Global Macro ETF, which has an expense ratio of 1.18%, currently has $2.49 million in total assets and invests primarily in global equity markets.

-The internet and artificial intelligence are changing and have changed everything we know including finance and investing; Ocean's new ETF is part of the same trend," said Ocean Chairman Jim Rogers. -I hope we get it right. We will all be extremely pleased someday if we do."

T. Rowe Price unveils a multi-strategy total return fund

T. Rowe Price has launched a multi-strategy total return fund (TMSRX for Investor Class shares and TMSSX for I Class shares) that seeks to diversify investment risk and provide capital preservation and consistent returns over has an expense ratio of 1.37%, with TMSSX at 1.07%. The fund is a combination of six internally managed liquid alternative strategies. It's considered an absolute return fund, and the goal is to achieve positive returns over time regardless of market conditions, according to the firm. The offering could also lower risks during periods of heightened market volatility by capital preservation and consistent returns over time, the firm says.

"We expect each of the fund's underlying components to contribute meaningfully to its performance, so no one component should drive all of the returns," says Stefan Hubrich, co-portfolio manager, director of research, multi-asset division. "We believe that, over time, this diversification will allow us to generate a high level of risk-adjusted performance above the cash benchmark."

Grayscale sets up 4 crypto funds to improve liquidity

Grayscale, the firm behind the tradable Bitcoin Investment Trust (GBTC), has launched four new cryptocurrency-related investment funds: Bitcoin Cash Investment Trust, Ethereum Investment Trust, Litecoin Investment Trust and XRP Investment Trust, Investopedia reported.

The funds will cover bitcoin cash, ethereum, litecoin and ripple virtual currencies, respectively. Because the funds operate as trusts, only U.S.-based qualified accredited investors are allowed to invest. There is a one-year holding period before the investor can exit the funds without any restrictions, according to Investopedia.

"Digital currencies are not like stocks and bonds. There's certain technological prowess that people need to have in order to handle them," Michael Sonnenshein, managing director at Grayscale Investments, told CNBC.

New energy ETF from TriLine honors T. Boone Pickens

TriLine Index Solutions, a BP Capital Fund Advisors affiliate, announced the launch of a new ETF - NYSE Pickens Oil Response (BOON). The fund honors the leadership of T. Boone Pickens, who crafted the Pickens Plan for American

Start Slideshow

Top tech funds: Volatility or 'epic downturn?'

Are the recent declines in tech just some high-flying stocks coming back to earth, or a turning point for the sector?

BOON, which has an expense ratio of 0.85%, tracks the performance of the NYSE Pickens Oil Response Index, owned and administered by ICE Data Indices. The index is composed of equities that correlate to energy, and includes not only traditional energy companies but also energy-intensive firms that have the potential to benefit from U.S. energy and global demand for energy.

The mix is intended to lessen the effect of commodity cycles. The index is equally weighted and reconstitutes annually while rebalancing quarterly.

Vitrus announces a new fund

The Virtus KAR Small-Mid Cap Core Fund was introduced by Virtus Investment Partners and affiliated investment manager Kayne Anderson Rudnick. The fund seeks to invest in competitive, high-quality companies and purchase them at attractive factors are far from a new investing phenomenon, "what's new is to democratize them," says Andrew Ang, BlackRock's head of factor-based fund (VKSIX) has an expense ratio of 1.05%. The strategy for the fund mirrors that of KAR's SMID Core retail separate account, which had $2 billion in AUM as of Dec. 31.

Businesses that are differentiated by above-average returns and trading at attractive valuations are identified using KAR's disciplined investment process. Portfolio managers expect to invest in 25 to 35 select companies they think are undervalued relative to future growth potential.

BMO reduces fees for 2 U.S. equity funds

Effective Feb. 8, BMO Global Asset Management reduced advisory and total expense ratio cap fees for BMO Large-Cap Growth Fund (MASTX) and BMO Large-Cap Value Fund (MLVIX).

The move reduced the advisory fees by 15 basis points and the total expense ratio cap by 21 basis points.

"We are continuously looking for ways to serve our clients better and offer investors a diverse range of best-in-class products across asset classes and investment styles," says Phil Enochs, head of BMO GAM U.S. "Reducing the fees of our two largest U.S. equity funds demonstrates our commitment to providing our clients with top-performing funds at a great value."

Vanguard to launch total world bond ETF

Vanguard filed a statement with the SEC to register Vanguard Total World Bond ETF, and plans to launch by the end of the third quarter this year, according to the firm. The index product will offer investors access to all investment-grade bonds across the globe in one portfolio and reduce volatility, the firm says.

The new fund is going to make investments in two pre-existing Vanguard ETFs: the Vanguard Total Bond Market ETF (BND) and Vanguard Total International Bond ETF (BNDX). The fund, which will have an estimated expense ratio of 0.09%, will track the Bloomberg Barclays Global Aggregate Float Adjusted Composite Index.

Global X Funds' new ETF targets AI and data companies

Global X Funds is launching the Global X Future Analytics Tech ETF (AIQ), which invests in companies generating vast amounts of data with AI systems to develop actionable insights. The fund, which has an expense ratio of 0.68%, is the seventh from Global X in its technology-themed suite.

"The carbon risk score is really a way to assess how well-prepared the companies in a fund's portfolio are for the transition away from a fossil fuel-based economy," says Morningstar's Jon Hale.

Bloomberg News

-Given AI's potential to impact a variety of sectors, we believe it is poised to become one of the most significant technological innovations of the modern era," says Alex Ashby, director of product development at Global X.

MassMutual adds a new target-date series

MassMutual says it is introducing a target-date series for investors looking to reduce volatility and grow their retirement savings. The fund series, the Legg Mason Total Advantage Funds, will be sub-advised by Legg Mason-affiliated manager QS Investors, and will aim to reduce market volatility just before and right after retirement.

The series will use both active and passive investment strategies, and attempt to minimize exposure to large losses as well as combine both active and low-cost passive styles in the 10-year period surrounding retirement.

Morningstar unveils measurement to gauge carbon exposure

Morningstar announced the initiation of its carbon risk score, an evaluation system aimed at determining the carbon emission-related risks in funds. The system will grade approximately 30,000 products globally across a wide spectrum of industries, among which, 6,000 funds will get Morningstar's low carbon designation.

For investors who have a growing interest in analyzing carbon risks, the scores can help indicate how much of the funds they hold are exposed to fossil fuels or highly polluted industries.

"The carbon risk score is really a way to assess how well-prepared the companies in a fund's portfolio are for the transition away from a fossil fuel-based economy to a lower carbon economy," says Jon Hale, Morningstar's director of sustainability research. "We have more and more investors globally who are interested in better understanding the implications of it on their portfolios."

Direxion's latest ETF triples down on new tech companies

Direxion announced a new ETF with exposure three times higher than that of the $2.4 billion Robo Global Robotics Automation Index ETF (ROBO).

The Direxion Daily Robotics, Artificial Intelligence Automation Index Bull 3X Shares (UBOT), which has a net expense ratio of 1.22%, will track the Indxx Global Robotics and Artificial Intelligence Thematic robotics, artificial intelligence and automation industries are rapidly growing and evolving," says Sylvia Jablonski, managing director at Direxion. "The launch of UBOT allows traders to take a bold position in companies that are on the forefront of technology."

BlackRock introduces tool to assist investors in analyzing funds

BlackRock has unveiled a free online tool that analyzes 2,400 mutual funds and ETFs for retail investors, according to Bloomberg News.

Factor Box enables investors to use a data-oriented method of gauging fund returns based on factors including volatility, size and value. The firm estimates that by 2022 the factor industry's assets under management will expand to $3.4 trillion from $1.9 trillion in 2017.

"This is a very fast-moving river," says Andrew Ang, BlackRock's head of factor-based strategies. He added that, while factors are far from a new investing phenomenon, "what's new is to democratize them."

XA Investment announces its first closed-end fund

XA Investments has launched its first closed-end fund. With most of its investments in the credit market, the XAI Octagon Floating Rate Alternative Income Term Trust (XFLT), which has a total expense ratio of 5%, will seek returns with a focus on income generation.

The $16 billion asset manager, Octagon Credit Investors, will lend its expertise to the trust by sending one of its own to the trust's management

Start Slideshow

8 factors driving explosive ETF growth

Above all others, millennials are likely to include the funds in their portfolios, Schwab says.

"XFLT is the first of a series of distinctive, demand-driven alternative investment opportunities designed by XAI to provide investors access to institutional quality investment strategies," said Ted Brombach, co-CEO of XA Investments.

OppenheimerFunds and Pictet launch ESG fund

OppenheimerFunds launched the OFI Pictet Global Environmental Solutions Fund (OPEIX). The fund, which has an expense ratio of 0.85%, will be managed by Pictet Asset Management and focus on environment-oriented investment strategies, the firm says. OppenheimerFunds is responsible for structuring and finding proper distribution platforms to cater to high-net-worth clients.

The environmental strategies will target companies that have relatively low impact over critical natural resources and the firms that contribute to the cause of environmental protection.

"Because of this increasing awareness, we expect companies that contribute to environmental solutions should experience above-average growth over the long term," said Luciano Diana, head of environmental thematic investing at Pictet Asset Management.

ProShares issues an index bond fund

ProShares has launched the ProShares SP Bond ETF (SPXB). The fund will focus on the top 1,000 bonds issued in the SP 500 in terms of their liquidity, as fixed-income investments and index funds continue to deliver stronger-than-average performance.

To ensure the fund selects the most liquid notes, it will only pick bonds that have a maturity of less than 2 1/2 years, and exclude those with a par value of less than $750 million. In particular, most of the bonds are issued by large banks such as Morgan Stanley and Goldman Sachs.

While broad market trends continue to push money into fixed-income ETFs, some investors still hesitate to trust debt instruments that trade like stocks, said Michael Sapir, CEO of ProShare

Jessica Mathews is a reporter for Financial Planning, On Wall Street and Bank Investment Consultant.

Jialiang Pan is a reporter for Financial Planning and On Wall Street.

https://ift.tt/2lG5zVP

[awesomeblockchain]

Robert Dowling, Chief Commercial Officer for Ganapati Malta examines the effect of blockchain on the online gambling industry, the potentials, and how you can (strategically) embrace it.

Dowling notes that sportsbooks have had to become decentralised, a result of dealing with government agencies in order to run from most jurisdictions, the online casinos have not.

-Without the connection of online casinos to any sort of (perceived) -trusted" institution, like the government, players feel much less safe and their data, more exposed," he writes in his piece at Gambling Insider.

Blockchain, Dowling claims, solves this problem for the online casinos.

"Transparency for brands within the iGaming industry is, single handedly, the biggest benefit awarded by blockchain technology; given encryption and security (via smart contracts) are put in place, the ability for an iGaming brand to connect directly to the player, in an open environment, establishes immediate trust (and isn't this the biggest challenge we face within the industry?). From a complete technological perspective, this trust can also be maintained across various systems, furthering the already obvious benefits. If we want to look at this one factor in a completely straight and simple way, we could say that the improved trust factor initiated by blockchain technology solves the (ultimately) biggest challenge: growth. Improved process creates more games, a more seamless, trusted experience, and thus, more players. A scary (and large) move to make, but in the end, you're just keeping it simple. "

READ MORE FROM DOWLING HERE

https://ift.tt/2tIHAsB

[awesomeblockchain]

AlipayHK, a unit of Alibaba's Ant Financial, and Philippines-based payment service platform GCash launched a cross-border remittance service based on blockchain technology yesterday.

The service allows users of AlipayHK, a digital wallet joint venture between Ant Financial and Hong-based multinational conglomerate CK Hutchison Holdings, to wire money to the Philippines through a secure, transparent and fast channel. Standard Chartered is the designated settlement bank. This service would facilitate domestic helpers from the Philippines to wire money home in a much easier way.

Jack Ma, the founder of Alibaba Group, which owns 33% of Ant, said at an event launching the new remittance service that there are still over 1.7 billion people in the world without a bank account. However, the rising popularity of smartphones presents an opportunity for the development of new financial services.

-Blockchain technology can help overcome the challenges of security, sustainability and inclusion," he said during the Hong Kong launch ceremony.

Blockchain is a public digital ledger shared among users, with the information entered cannot be altered or tempered with. In the context of money transfers, the sender and the receiver are able to trace the funds every step of the way, and all information is encrypted to ensure privacy.

In April, Alibaba and four Australian and New Zealand companies began a food-tracing system based on blockchain technology to enhance consumer confidence in the provenance of the products they are buying.

Providing an ultra-convenient and almost instantaneous money-transfer service between Hong Kong and the Philippines is seen as a boon for Filipino workers in Hong Kong. According to the Hong Kong government, as of 2016, the Philippines provided 189,000 of the city's 352,000 domestic helpers, more than any other country. In 2017, Filipino workers there sent around US$735 million back to their home country, according to government data.

Anthony Thomas, chief executive of Mynt, the operator of GCash, said the company is building a cashless system to allow more Filipinos to afford sound financial services by offering options for top-up, remittance and cashless payments for goods and services.

"Ant Financial and Alipay have been exploring the cutting-edge blockchain technology since 2015. Blockchain is revolutionizing the remittance industry, and we look forward to further innovating and expanding the application of the technology in global remittances, together with local wallet partners and other ecosystem partners," said Eric Jing, Executive Chairman and CEO of Ant Financial.

https://ift.tt/2lG5y4d

[awesomeblockchain]

Billionaire Jack Ma believes that blockchain can revolutionize the world and moves from words to action: the affiliate of his Alibaba Group Holding has announced the new remittance service that will be free from transaction fees during the three month trial period.

The labor migration from the Philippines to Hong Kong has created the world's third largest remittance market with the inflow of $33 billion in 2017. This money flow has become a significant source of income for the traditional remittance services. But the situation may change as Ant Financial, the payment affiliate of the world known e-commerce platform Alibaba, has just announced the launch of the blockchain-based money transfers between Hong Kong and the Philippines.

The new cross-border settlement service will integrate Ant Financial's AlipayHK with its Philippine-based analogue GCash. The banking partner of the project is Standard Chartered. Ant Financial has chosen reliable partners: GCash is owned by Globe Telecom, the leading provider of telecommunication services in the Philippines; Standard Chartered already has experience in the blockchain sphere as it is a part of a cross-border payments pilot alongside Thai banks.

Jack Ma, the founder and chairman of Alibaba Group Holding Ltd., has high expectations of the blockchain-based payment service. During the press conference on the new cross-border settlement service he said -Blockchain technology could change our world more than people imagine." The Chinese business magnate believes that the usage of the distributed ledger technology can change the existing model of traditional financial institutions. Nevertheless, Jack Ma lacks trust in the most popular product of the blockchain - bitcoin. Among other things, he said that -Bitcoin however could be a bubble."

Ant Financial is no stranger to money transfers: it has already partnered with Indonesian media company Elang Mahkota Teknologi on providing mobile payment services. The affiliate of Alibaba Group Holding is also involved in similar collaborations with companies from Thailand and Philippines. This expansion outside China was expected to continue with the MoneyGram merge. However, that scenario has not materialized due to the reject from the Committee on Foreign Investment in the United States. That deal got broken - but it did not stop Ant Financial. On the contrary, it stimulated the development of the new financial service that solves the problem of over-charging for cross-border payments.

-At the time we wanted to [buy] MoneyGram and overhaul it to help people all over the world solve this issue. Due to reasons from the US our deal with MoneyGram did not succeed, so I said, 'Let's make one better [than MoneyGram]' that uses the most advanced technology'," Ma said.

The new solution by Ant Financial has all the chances to gain incredible popularity as the initial three-month trial period will be free from transaction fees. It may be seen as an unprecedented fit of generosity, but Ant Financial has just announced that it raised $14 billion in Series C round funding. The blockchain-based money transfers service is not likely to become the most profitable project of Ant Financial, but it has all the chances to change the industry.

-Traditional financial institutions serve 20 percent of people and make 80 percent of profits. New financial institutions should service 80 percent of people, and make 20 percent of profit," explained his position Ma. The new service of Ant Financial is definitely a representative of a new blockchain-based financial model.

https://ift.tt/2tNLEYH

[awesomeblockchain]

It's widely acknowledged that 401k advisors are far from technology wizards, with some still relying on outdated Excel spreadsheets for complex planning and administrative tasks.

A discussion of blockchain at the Kohler 2018 Conference, an annual retirement plan study group held each summer in rural Wisconsin, was therefore a decidedly uphill battle. Yet its possibilities piqued attendee interest.

Lisa Kottler, a FinTech and blockchain enthusiast and former senior vice president with NFP, noted that blockchain is the latest example of digital transformation.

-If the initial development of the Internet was 1.0, and companies like Amazon and Google represent 2.0, then blockchain is Internet 3.0," she explained. -Will it deliver? It's too early to tell, but it's fascinating to watch."

The concept hinges on a discussion of centralized versus decentralized sources of information and interactions; the former offers protection and efficiency, but also one point of entry and authority.

Kottler pointed to a now-famous whitepaper released in October 2008 by -Satoshi Nakamoto," an anonymous person or persons credited with first identifying blockchain's potential.

-It described a process to allow people to truly interact digitally. We interact on the Internet all the time, but any information and items passed along are copies of the original. It was a particular challenge with monetary interactions and the so-called 'double pay' issue, which was one reason digital currency like bitcoin was developed."

As October 2008 was also the height of the financial crisis, the concept further fueled a push for decentralization away from big banks, Kottler added, -and now the same infrastructure that built bitcoin can be applied to so many other areas."

So what exactly is blockchain? While no one definition exists, it's described as a decentralized network that relies upon cryptography (called -proof of work") instead of a trusted third-party to confirm transactions between network participants.

-In plain English, think of blockchain as a digital ledger of transactions, with a copy stored on every single user's computer. Every time a new transaction takes place, a new record is added to the ledger, and an update is beamed out to the rest of the network in a peer-to-peer fashion."

Kottler went on to describe some examples of its application:

-How do we use this with retirement plans?" she then asked attendees. -And should we use it with retirement plans?"

Plan-to-plan transfers was one suggestion, specifically involving the issue of qualified versus non-qualified money, and how to know which is which. It's currently difficult to track, leading to an increased risk of inadvertently triggering a taxable event for participants, and corresponding legal exposure for sponsors and advisors.

Blockchain could therefore be used to -source those contribution dollars to eliminate the issue."

https://ift.tt/2lG5tNX

[awesomeblockchain]

A recent poll found that around 48% of Americans would be willing to invest in real estate if the relevant technology was available to make doing so more manageable. With a global market value of $217 trillion, 71% of Americans wish that they had the ability to invest in real estate, but it requires a considerable sum of money.

The new buzzword in town is -blockchain" which has become increasingly popular purely because of the cryptocurrencies, especially . People only see it as an underlying technology for digital currencies, but they fail to realize that it is an entire system of distributed ledgers carrying immense utility, especially in the real estate space.

Government agencies and for-profit companies are devising different ways of understanding and using this technology for the facilitation of mankind. Its latest influence is real estate where it is helping in making transactions easier and less expensive, tracking the ownership of properties, and providing investment opportunities to average investors; not just the social elite.

The Issues With Real Estate

Residential real estate accounts for 80% of the non-financial assets, thus, having accurate records is extremely important for such high investments. This helps in identifying the real owner of the property and proving his rights over it. These records are also helpful in protecting the rights of the owner in case of fraud or when the property is sold.

Usually, there is a third party involved in transactions that holds the amount until the completion of the process. The major problem is that these transactions take up a lot of time and require tedious manual work to be done at a high cost.

Enters The Blockchain

Blockchain has made its way to all the industries but its appearance in the real estate market was nothing less than a miracle. The market is huge and was the most difficult of any for the technology to penetrate, but blockchain has given it a boost of $28 million so far.

However, combining the future of technology with the most robust market in the world is one of the most successful achievements during current times. Despite the market crash in 2008, we saw property bouncing back to decent prices soon enough; the value of houses increasing as much as 60% in San Francisco.

Let alone dealing with the local market, the blockchain technology will help you in synchronizing the international real estate industry through its mechanism. It is the solution to problems like transparency, time, security, cross-border payments, and contractual costs.

Understanding Smart Contracts

The most dynamic application of the technology is in the form of -smart contracts." They can be used in transactions, transferring the rights of property in a single step, managing the registries of property, and to improve low-cost investment opportunities for the potential investors.

The most convenient way to raise funds in blockchain is through an ICO (initial coin offering) and the same is applied by i-House.com to garner the attention of everyday investors. The idea is to divide huge properties into smaller chunks and sell them as tokens to smaller investors, letting them enjoy a premium investment vehicle such as real estate.

The process starts with IHT 1.0, which provides the tokenization of assets through its i-House ATO program (Asset Tokenization Offering). Later this year, IHT 2.0 will offer asset management and segmentation on their platform. Lastly, IHT 3.0 will create a secondary market within the platform; in which to create liquidity for their investors.

The Future Real Estate

These blockchain-based certificates can be tested and verified without the need for third-parties such as land registries or notaries. Thus, the decentralization provided by this technology will cut out almost all the middle-men, facilitating smoother transactions, better rates, and all the while ensuring the utmost safety of all the sensitive data against hackers and fraud. ATO's will "The Little Guys" an opportunity to enter into a premium investment vehicle that would normally be reserved for the social elite, thus injecting more vitality into the modern real estate market.

https://ift.tt/2tIHAJ7

[awesomeblockchain]

Cyronium is a next-generation crypto asset backed by a unique combination of blockchain technology and the value of precious gold. It will also help SMEs to blockchainize their businesses and raise necessary funds through its ICO.

Indonesia - June 25, 2018 - The crypto space recently witnessed the launch of a revolutionary crypto asset. Indonesia-based PT Ciptalintang Aji Dana has developed a new exclusive crypto asset which is the world�s first to combine advanced blockchain technology with precious gold. Titled �Cyronium�, the cryptocurrency also serves as a potential platform for SMEs to �blockchainize� their businesses.

Cyronium has already launched its ICO and it will continue till July 27, 2018. Minimum investment requirement for the purchase of 0.001 CYRO is $2.15.

Mardigu Wowiek Prasantyo, the veteran entrepreneur behind Cyronium explained the new crypto asset carries two core values:

What separates Cyronium from other crypto assets is its great underlying precious metal value. Each Cyronium token (CYRO) is backed by 1 Cyronium coin and each Cyronium coin is worth 20g of gold (24 carat 99% LBMA gold). This coin acts as the keeper of the asset�s lower limit value which means a Cyronium coin value will never drastically drop down to �0�.

Speaking further, Mr. Prasantyo stressed Cyronium serves as a great platform to help small & medium scale businesses with advanced �blockchainzation� of their businesses. SMEs signed up with the new crypto ecosystem will be able to raise fund for their businesses through ICO conducted by Cyronium as Cyronum Blockchain businesses. The business owner will receive funds while the investor will benefit from the profit-shares of the Cyronium Blockchain business- which will consequently increase the demand of Cyronium.

The in-development Cyronium Blockchain of Cyronium are volko, tree coin as well as koinako. Each of these will be backed by physical assets from real businesses. In regards to Tree coin, the physical asset will be crops planted within business ecosystem under the management of Cyronium. When it comes to Volko, the asset here refers to the businesses owned by SMEs that are managed by Cyronium. For Koinako, the backing physical asset is rented accommodation.

Part of the uniqueness of Cyronium also lays in its most advanced generation blockchain technology. The crypto asset is based on an independent main chain (Nxt platform) and uses more economical Proof-Of-Stake Consensus Algorithm instead of Proof-of-Stake currencies which are several times costlier. Besides, Cyronium uses a high energy-efficient platform that consumes way lesser energy than other cryptocurrencies. The new crypto asset also promises an ultra-secured infrastructure backed by multiple security layers.

�There are 3 main benefits of investing in Cyronium�, explained Mr. Prasantyo.

At present, investors can buy Cyronium through bank transfer. For more information, please visit www.cyronium.com.

https://ift.tt/2u6qoAo

[awesomeblockchain]

Cryptocurrencies are an increasingly important part of today�s financial and investment ecosystems. However, one thing that is deterring investors from joining the crypto movement is the notorious volatility of cryptocurrencies, often making them seem like a gamble rather than a reliable means of investment. The solution: A crypto asset backed up by real gold reserves, combining the disruptive potential of cryptocurrencies with the lasting value of precious metals. This cryptocurrency, Cyronium will open its initial coin offering (ICO) for institutional and private investors on July 27th 2018.

Cyronium does not only offer a stable cryptocurrency backed by gold, each coin being backed up with 24 carat 99% LBMA gold weighing 20 grams. It also offers a comprehensive ecosystem to enable small and medium-sized enterprises (SME) to access the crypto economy. SMEs will be able to raise funds through ICOs on the Cyronium� platform and to easily distribute shares to large and small investors, equally using the Cyronium platform. In other to serve SMEs in the best possible manner, Cyronium features three sub-blockchains: VOLKO, TREE, and KOINAKO. Assets on the VOLKO blockchain are businesses owned by small enterprises and managed by the Cyronium team, on KOINAKO, rented accommodations, and TREE, physical plantations reporting their harvests to the Cyronium ecosystems.

Technologically, Cyronium is based pn the Ardor platform, which is itself based on the NXT codebase. Thus, it features independent side chains, is energy is efficient and fast using a proof-of-stake consensus algorithm, and secure against malicious interference. Cyronium tokens, CYRO, will be traded on the santara market place.

Cyronium is one of the most promising gold backed cryptocurrencies according to Goldscape. It was founded by Mardigu Wowweik Prasantyo, a business man with over 30 years business experience in various industries such as oil, gas, property and many others in Indonesia and abroad. To learn more about Cyronium� and its founding team, visit �https://ift.tt/2lAL1h9 or follow @Cyronium on twitter.

https://ift.tt/2u6qoAo

[awesomeblockchain]

Luxoft Holding, Inc (LXFT), a global IT service provider, partnered with the City of Zug and Lucerne University of Applied Sciences in Switzerland to create the first customizable blockchain-based e-voting system to be used by a major economy. To learn more about the solution, click here.

To drive the adoption of blockchain-based services in government, Luxoft today announces it is committing to open source this platform and is establishing a Blockchain for Government Alliance to promote blockchain use-cases in public institutions.

-Luxoft is proud to have an opportunity to work together with the city of Zug to explore various blockchain applications," said Vasily Suvorov, Chief Technology Officer at Luxoft. -As Europe's leading supporter of blockchain, Zug already accepts cryptocurrency for services, has digitized ID registrations built on the blockchain, and now we have helped them create and try the means to safely and securely move voting online."

Luxoft built the permissioned blockchain based solution e-Vote, including the platform itself, software and algorithms on Hyperledger Fabric. This was then integrated with Zug's Ethereum-based digital ID registration application, enabled by uPort, to allow residents to cast votes on the blockchain. The solution uses an innovative encryption technology that on one hand anonymizes the votes and on the other hand allows tamper-proof tally and secure audit.

With help from the Lucerne University of Applied Sciences and Arts, AWS and n'cloud.swiss, the platform is deployed on three different data centers in the cloud: two in Switzerland and one in Ireland. By distributing the data into three different data centers, security and data loss risks are distributed geographically, making the system more robust. What's more, the platform can permanently delete voting data within an agreed time, in accordance with Swiss law.

-There is a concern with e-voting as it is a fundamental mechanism for direct democracy," said Suvorov. -As a result, we believe this technology cannot be owned by a single company. We will make the e-voting platform open source so people can understand what makes up the technology and how it works, ensuring full transparency. Looking ahead, our alliance will encourage more people to develop blockchain-based applications for Governments worldwide."

Luxoft, one of the founding members of the Crypto Valley Association, will partner with organizations working on government-based blockchain service solutions and invite them to jointly create Blockchain for Government Alliance, so all contributing parties can develop the source code of e-Vote further - creating a real-life customizable blockchain solutions organizations can reliably use globally every day.

Luxoft (LXFT) is a global IT service provider of innovative technology solutions that delivers measurable business outcomes to multinational companies. Its offerings encompass strategic consulting, custom software development services, and digital solution engineering. Luxoft enables companies to compete by leveraging its multi-industry expertise in the financial services, automotive, communications, and healthcare & life sciences sectors. Its managed delivery model is underpinned by a highly-educated workforce, allowing the Company to continuously innovate upwards on the technology stack to meet evolving digital challenges.

Luxoft has more than 12,900 staff across 42 cities in 21 countries within five continents, with its operating headquarters office in Zug, Switzerland. For more information, please visit www.luxoft.com.

This news release of Luxoft Holding, Inc (-Luxoft") contains -forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements include information about possible or assumed future results of our business and financial condition, as well as the results of operations, liquidity, plans and objectives. In some cases, you can identify forward-looking statements by terminology such as -believe," -may," -estimate," -continue," -anticipate," -intend," -should," -plan," -expect," -predict," -potential," or the negative of these terms or other similar expressions. These statements are subject to, without limitation, the risk factors discussed under the heading -Risk Factors" in Luxoft's Annual Report on Form 20-F for the year ended March 31, 2017 and other documents filed with or furnished to the Securities and Exchange Commission by Luxoft. Except as required by law, Luxoft undertakes no obligation to publicly update any forward-looking statements for any reason after the date of this news release whether as a result of new information, future events or otherwise.

All trademarks are recognized and are the property of their respective companies.

https://ift.tt/2u6qoAo

[awesomeblockchain]

NEW YORK, NY / ACCESSWIRE / June 25, 2018 / The global cryptocurrency transaction volume has been increasing. In just one year, the global cryptocurrency market value has skyrocketed by nearly 30 times. The skyrocketing market capitalization has led to a large influx of investors. At present, the global cryptocurrency investors have exceeded 40 million, which has grown exponentially. Investors, according to an employee of the mainstream digital cryptocurrency exchange, describe that the number of registered users of the exchange exceeded 5 million as of May 30, 2018, compared to only 3 million a month ago.

In the next two years, the global blockchain digital currency will have an asset market value of more than US$10 trillion, and digital currency investors will also reach a scale of more than 200 million yuan. The blue ocean market of blockchain assets will inevitably be detonated completely. The era of asset digitization has already arrived.

The founder of GoldBox.io pointed out that the wallet is a basic application in a high-frequency environment where everyone can't live without it. The wallet + application will appear in various forms to meet the current functional unity of the current wallet, such as: Wallet + Social, Wallet + Trading, Wallet + Info, Wallet + Financial Derivation, etc. GoldBox is committed to the development of an integrated storage wallet + digital asset mortgage loan + wealth management application. Digital asset loan will follow the surge of market users. Demand will also gradually increase. In various application scenarios, for mine owners, there is no need to sell their own digital assets to maintain the basic expenses of the mines and expand the size of the mines. Long-term currency is held; for value investors, loans are made in wallets, and can also ensure investment and life normal, and completely solve the immediate needs of investors.

At present, the total market value of digital assets in the world is still growing, and most of these assets are idled in the accounts of users. Its value has not been fully realized. GoldBox's activities will maximize the activation of idle digital assets, create more value.

And GoldBox can provide a convenient and quick third-party banking settlement system for individuals. Users can easily obtain local legal currency loans through the platform when they hold a bank card, and can consume, transfer, pay, and withdraw cash globally.

GoldBox provides collateral management, post-loan monitoring and credit assessment services through smart contracts. Therefore, there is no artificial connection for the entire service process and the platform is fully automated. This can not only greatly improve the response performance, but also provide accurate services for multiple users at the same time.

The idea of GoldBox.io is to let users really have a real digital asset in a distributed architecture. This is completely under your control. No one, no institution, no organization can take away your assets. Because if a large number of assets are placed in a centralized structure, they still face the problems that they faced in the traditional world: Your assets are not yours. Therefore, we have to provide more application scenarios and let the distributed Token flow around. This makes sense.

Goldbox's vision is to create the world's largest digital asset management platform, serving global digital asset holders, enabling the assets it holds to be stored securely, and maintaining and increasing the value of users' assets in a changing market environment. Help users maximize the value of assets .

The birth of the blockchain not only brings technological innovation to humanity, but also innovation in the entire eco-business model. Goldbox adopts a community-based autonomous thinking, recruits partners globally, and inspires more users with an open attitude. Actively participate in the platform, the platform will distribute 70% of the revenue to the eco-partners in the form of dividends, that is, "value return value creator."

The technology of the blockchain is still at its infancy and the technology is still constantly upgraded. With the development of science and technology and the advancement of the times, the real combination of a large number of applications and business is still actively exploring. It really set off a revolution. , More to reduce costs, improve efficiency, create value for humanity, and create more value for society.

https://ift.tt/2u6qoAo

[awesomeblockchain]

The Bulls have the control but lack enough momentum to retrace higher. Various blockchain companies and at least 100 experts will take part in the 2-day conference. EOS price after trading a subtle double pattern has corrected lower sliding below the short-term support formed at $8.40. EOS/USD has also broken below the ascending trendline, however, it is still keeping the support above $8.00. The Bulls have the control but lack enough momentum to retrace the price higher. There are a couple of resistance areas created by the moving averages: The 50 SMA is limiting gains at $8.2 while the 100 SMA is offering resistance slightly above at $8.5. The next target to the upside is at $8.4 while the key resistance at $8.5 is a significant hurdle which could open the gate for EOS price to retrace steps back above $9.00. The moving average gap is reducing to confirm the bullish trend in the medium term. However, the stochastic on the 15' timeframe chart is pointing south and is at 35% to show that selling pressure is still present. The traders must exercise patience to spot a strong bullish trend towards $8.4 while a break below $8.00 could have EOS price break down further below $7.8 and even test the recent lows at $7.00. EOS will be taking part in the Japan Blockchain Conference being held in Tokyo on Tuesday 26. The Developers Relations team will help the people at the event understand the EOSIO software. This conference is the first of its kind and is expected to bring the cryptocurrency experts to talk about the blockchain technology and its future. Various blockchain companies and at least 100 experts will take part in the 2-day conference. The organizers of the event are expecting at least 10,000 people to be in attendance. EOS/USD 15' chart

https://ift.tt/2yL5ppd