ourbalancedlife · 2 years ago
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beardedmrbean · 10 days ago
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The Dossier Commission, the body required by law to disclose who in various walks of public life worked for Bulgaria’s communist-era secret services, announced on October 18 which candidates in Bulgaria’s October 27 2024 National Assembly elections were affiliated with State Security.
The commission said that of the 4848 candidates, it checked 1793. The remaining 3055 were not checked because they are below the age threshold set in law.
It listed 41 identified as having worked for State Security.
This is lower than the figure of 79 identified ahead of the June 2024 early parliamentary elections, but in those elections, there were more candidates – 6136 – of whom 2316 were subject to checking.
Among those named by the Dossier Commission on October 18 is Movement for Rights and Freedoms founder and honorary president Ahmed Dogan, who has been identified before on several occasions. In these elections, Dogan is standing in his Alliance for Rights and Freedoms (ARF) coalition.
Dogan’s rival, Delyan Peevski, has one candidate, from his Movement for Rights and Freedoms – New Beginning coalition, identified as former State Security.
Among the major parties and coalitions, the only two identified as not having former State Security people among their candidates are the refomist We Continue the Change-Democratic Bulgaria coalition, and pro-Kremlin party Vuzrazhdane.
Boiko Borissov’s centre-right GERB-UDF coalition has one candidates named as having worked for State Security.
Among other parties that won seats in June, in the October elections cable television presenter Slavi Trifonov’s populist ITN party has one former State Security person as a candidate, while populist-nationalist Velichie also has one.
As disclosed by the Dossier Commission, the list is:
Adrian Hadzhiev, Bulgarian Union for Direct Democracy
Assen Belchev, Russophiles for Bulgaria
Aspararuh Karastoyanov, Bulgarian Socialist Party – United Left
Ahmed Dogan, ARF
Boris Zlatarev, Ataka
Valentin Hristov, Bulgari
Vangel Arabadzhiev, BSP – United Left
Velizar Enchev, BSP – United Left
Vulyo Iliev, Russophiles for Bulgaria
Dimitar Dimitrov, BSP – United Left
Doriyan Avramov, My Country Bulgaria
Emil Georgiev, Bulgari
Emil Denkov, Russophiles for Bulgaria
Emil Vladimirov, Russophiles for Bulgaria
Ivan Tokadzhiev, BSP – United Left
Ivan Turpomanov, BSP – United Left
Krassimir Stefanov, Ataka
Krassimir Kostov, Velichie
Krassimir Assenov, MRF – New Beginning
Lyubomir Hristov, GERB-UDF
Lyubomir Slavkov, BSP – United Left
Maxim Velkov, KOY – Competence, Responsibility, Truth
Maxim Mladenov, ITN
Milan Kosarov, Bulgaria for Labour and Reason
Nako Stefanov, KOY – Competence, Responsibility, Truth
Nikolai Nikolov, Bulgarian Union for Direct Democracy
Nikolai Radulov, Mech
Pavel Denkov, The Right
Petko Stoykov, Free Voters
Petar Zhelyazkov, Blue Bulgaria
Radeon Popov, ARF
Radko Handzhiev, Russophiles for Bulgaria
Radko Radev, Ataka
Ramadan Atalay, ARF
Roumen Nikolov, KOY – Competence, Responsibility, Truth
Roumen Sokolov, BSP – United Left
Stefan Genov, BSP – United Left
Stoyan Trashliev, Bulgaria Ascending
Todor Ivanov, DOST
Hristo Dunchev, Party of the Greens
Yanko Yanev, BSP – United Left
The Sofia Globe’s factfile for the October 27 2024 early parliamentary elections is available at this link.
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artemkuzkomen · 2 years ago
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EDEN | Projector from Zhang + Knight on Vimeo.
The sky took a long time to paint.
Directors: Zhang + Knight Producer: Luke Tierney Production Company: FRIEND DOP: Carl Nilsson B2Y Producer: Alexander Kenanov Service Company: B2Y Productions B2Y Line Producer: Ivan Ivanov-Kebapa Production Manager: Kristin Arakchieva Production Coordinator: Daniel Vasev Production Accountant: Diana Petrova 1 AD: Mihajlo Kocev Production Designer: Lora Venkova Art Director: Kris Lekov Art Department Coordinator: Anna Hadzhieva Props Master: Zdravko Vasilev Props Master Assistant: Vasil Ivanov Buyer: Georgi Georgiev Construction manager: Zamfir Zamfirov Carpenter: Georgi Lazarov Carpenter: Tanislav Lazarov Carpenter: Emanuil Asenov Carpenter: Toni Tomov Carpenter:Ivan Kirov Carpenter: Dian Angelov Carpenter: Stefan Mavrodiev Carpenter: Boyan Georgiev Set Dresser: Luybomir Harizanov Assistant Set Dresser: Andrey Vasilev Lead Painter / Graffiti: Atanas Levakov Lead Painter / Graffiti: Yoan Tsenkov Painter: Todor Raykov Painter: Vasko Vasilev Painter: Toni Kanchev Choreographer: Simon Donnellon Choreographer: Lydia Buckler 1st AC: Mihail Kotev 2nd AC: Ludmil Donchev Steadicam Operator: Nikolay Kerezov Video Control: Simeon Chengelski Loader: Borislav Zlatanov Downloader: Bogomil Georgiev BTS: Angela Stephenson Stylist Taff Williamson Costumer: Mariya Petrova Hair & Make Up: Gergana Batanova Gaffer: Peter Kostov Electrician: Kirirl Bakalov Electrician: Viktor Hristov Key Grip: Vihar Nikolov Grip: Todor Todorov Key PA: Teodor Luckanov PA: Stoqn Rusev PA: Ivelin Ilchev Driver: Dimitar Simeonov Driver: Daniel Balcev Craft Service: RAGAZZI / Stefan Dundakov Editor: Ellie Johnson @ Tenthree Edit Producer: Julian Marshall Colourist: Daniel De Vue @ A52 Colour EP: Thatcher Peterson Colour Producer: Jenny Bright VFX: Analog Studios VFX EP: Mike Merron VFX Producer: Rose Nicholson VFX Lead/Lead 2D: Fabio Zaveti 2D Artist: Giuseppina Cataldo
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forbidden-sorcery · 4 years ago
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Champion of the Eye by Dimitar Nikolov
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metallianvalidor · 4 years ago
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Dimitar Nikolov Art
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fffwng · 5 years ago
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EDEN | Projector from Zhang + Knight on Vimeo.
The sky took a long time to paint.
Directors: Zhang + Knight Producer: Luke Tierney Production Company: FRIEND DOP: Carl Nilsson B2Y Producer: Alexander Kenanov Service Company: B2Y Productions B2Y Line Producer: Ivan Ivanov-Kebapa Production Manager: Kristin Arakchieva Production Coordinator: Daniel Vasev Production Accountant: Diana Petrova 1 AD: Mihajlo Kocev Production Designer: Lora Venkova Art Director: Kris Lekov Art Department Coordinator: Anna Hadzhieva Props Master: Zdravko Vasilev Props Master Assistant: Vasil Ivanov Buyer: Georgi Georgiev Construction manager: Zamfir Zamfirov Carpenter: Georgi Lazarov Carpenter: Tanislav Lazarov Carpenter: Emanuil Asenov Carpenter: Toni Tomov Carpenter:Ivan Kirov Carpenter: Dian Angelov Carpenter: Stefan Mavrodiev Carpenter: Boyan Georgiev Set Dresser: Luybomir Harizanov Assistant Set Dresser: Andrey Vasilev Lead Painter / Graffiti: Atanas Levakov Lead Painter / Graffiti: Yoan Tsenkov Painter: Todor Raykov Painter: Vasko Vasilev Painter: Toni Kanchev Choreographer: Simon Donnellon Choreographer: Lydia Buckler 1st AC: Mihail Kotev 2nd AC: Ludmil Donchev Steadicam Operator: Nikolay Kerezov Video Control: Simeon Chengelski Loader: Borislav Zlatanov Downloader: Bogomil Georgiev BTS: Angela Stephenson Stylist Taff Williamson Costumer: Mariya Petrova Hair & Make Up: Gergana Batanova Gaffer: Peter Kostov Electrician: Kirirl Bakalov Electrician: Viktor Hristov Key Grip: Vihar Nikolov Grip: Todor Todorov Key PA: Teodor Luckanov PA: Stoqn Rusev PA: Ivelin Ilchev Driver: Dimitar Simeonov Driver: Daniel Balcev Craft Service: RAGAZZI / Stefan Dundakov Editor: Ellie Johnson @ Tenthree Edit Producer: Julian Marshall Colourist: Daniel De Vue @ A52 Colour EP: Thatcher Peterson Colour Producer: Jenny Bright VFX: Analog Studios VFX EP: Mike Merron VFX Producer: Rose Nicholson VFX Lead/Lead 2D: Fabio Zaveti 2D Artist: Giuseppina Cataldo
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whileiamdying · 5 years ago
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The sky took a long time to paint. Directors: Zhang + Knight Producer: Luke Tierney Production Company: FRIEND DOP: Carl Nilsson B2Y Producer: Alexander Kenanov Service Company: B2Y Productions B2Y Line Producer: Ivan Ivanov-Kebapa Production Manager: Kristin Arakchieva Production Coordinator: Daniel Vasev Production Accountant: Diana Petrova 1 AD: Mihajlo Kocev Production Designer: Lora Venkova Art Director: Kris Lekov Art Department Coordinator: Anna Hadzhieva Props Master: Zdravko Vasilev Props Master Assistant: Vasil Ivanov Buyer: Georgi Georgiev Construction manager: Zamfir Zamfirov Carpenter: Georgi Lazarov Carpenter: Tanislav Lazarov Carpenter: Emanuil Asenov Carpenter: Toni Tomov Carpenter:Ivan Kirov Carpenter: Dian Angelov Carpenter: Stefan Mavrodiev Carpenter: Boyan Georgiev Set Dresser: Luybomir Harizanov Assistant Set Dresser: Andrey Vasilev Lead Painter / Graffiti: Atanas Levakov Lead Painter / Graffiti: Yoan Tsenkov Painter: Todor Raykov Painter: Vasko Vasilev Painter: Toni Kanchev Choreographer: Simon Donnellon Choreographer: Lydia Buckler 1st AC: Mihail Kotev 2nd AC: Ludmil Donchev Steadicam Operator: Nikolay Kerezov Video Control: Simeon Chengelski Loader: Borislav Zlatanov Downloader: Bogomil Georgiev BTS: Angela Stephenson Stylist Taff Williamson Costumer: Mariya Petrova Hair & Make Up: Gergana Batanova Gaffer: Peter Kostov Electrician: Kirirl Bakalov Electrician: Viktor Hristov Key Grip: Vihar Nikolov Grip: Todor Todorov Key PA: Teodor Luckanov PA: Stoqn Rusev PA: Ivelin Ilchev Driver: Dimitar Simeonov Driver: Daniel Balcev Craft Service: RAGAZZI / Stefan Dundakov Editor: Ellie Johnson @ Tenthree Edit Producer: Julian Marshall Colourist: Daniel De Vue @ A52 Colour EP: Thatcher Peterson Colour Producer: Jenny Bright VFX: Analog Studios VFX EP: Mike Merron VFX Producer: Rose Nicholson VFX Lead/Lead 2D: Fabio Zaveti 2D Artist: Giuseppina Cataldo
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massacrerecordsbanner · 6 years ago
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The reissue of METAL INQUISITOR's album "Unconditional Absolution" will be released on March 22nd via Massacre Records!
The band's highly acclaimed third album is finally available again!
"Unconditional Absolution" was mixed and mastered at Toxomusic.
The album artwork was created by Dimitar Nikolov.
Listen to the song "Casualty Evacuation" here:
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Get the album as a CD Digipak as well as digitally HERE.
Support METAL INQUISITOR and spread the "Unconditional Absolution" album web banners!
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Metal Inquisitor on facebook | Massacre Records on fb
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montysworld · 3 years ago
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EDEN | Projector from Zhang + Knight on Vimeo.
The sky took a long time to paint.
Directors: Zhang + Knight Producer: Luke Tierney Production Company: FRIEND DOP: Carl Nilsson B2Y Producer: Alexander Kenanov Service Company: B2Y Productions B2Y Line Producer: Ivan Ivanov-Kebapa Production Manager: Kristin Arakchieva Production Coordinator: Daniel Vasev Production Accountant: Diana Petrova 1 AD: Mihajlo Kocev Production Designer: Lora Venkova Art Director: Kris Lekov Art Department Coordinator: Anna Hadzhieva Props Master: Zdravko Vasilev Props Master Assistant: Vasil Ivanov Buyer: Georgi Georgiev Construction manager: Zamfir Zamfirov Carpenter: Georgi Lazarov Carpenter: Tanislav Lazarov Carpenter: Emanuil Asenov Carpenter: Toni Tomov Carpenter:Ivan Kirov Carpenter: Dian Angelov Carpenter: Stefan Mavrodiev Carpenter: Boyan Georgiev Set Dresser: Luybomir Harizanov Assistant Set Dresser: Andrey Vasilev Lead Painter / Graffiti: Atanas Levakov Lead Painter / Graffiti: Yoan Tsenkov Painter: Todor Raykov Painter: Vasko Vasilev Painter: Toni Kanchev Choreographer: Simon Donnellon Choreographer: Lydia Buckler 1st AC: Mihail Kotev 2nd AC: Ludmil Donchev Steadicam Operator: Nikolay Kerezov Video Control: Simeon Chengelski Loader: Borislav Zlatanov Downloader: Bogomil Georgiev BTS: Angela Stephenson Stylist Taff Williamson Costumer: Mariya Petrova Hair & Make Up: Gergana Batanova Gaffer: Peter Kostov Electrician: Kirirl Bakalov Electrician: Viktor Hristov Key Grip: Vihar Nikolov Grip: Todor Todorov Key PA: Teodor Luckanov PA: Stoqn Rusev PA: Ivelin Ilchev Driver: Dimitar Simeonov Driver: Daniel Balcev Craft Service: RAGAZZI / Stefan Dundakov Editor: Ellie Johnson @ Tenthree Edit Producer: Julian Marshall Colourist: Daniel De Vue @ A52 Colour EP: Thatcher Peterson Colour Producer: Jenny Bright VFX: Analog Studios VFX EP: Mike Merron VFX Producer: Rose Nicholson VFX Lead/Lead 2D: Fabio Zaveti 2D Artist: Giuseppina Cataldo
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metalpurgatorymedia · 3 years ago
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ETERNITY'S END Ink Deal With Prosthetic Records
ETERNITY’S END Ink Deal With Prosthetic Records
Prog power metal formation Eternity’s End have joined forces with Prosthetic Records. The first result of this new collaboration will be the newly announced record from the Germans, dubbed Embers Of War. Mixed and mastered by Hannes Grossmann at Mordor Sound Studios. Artwork created by Dimitar Nikolov. November 26th, 2021 has been set as the official release date.  
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architectnews · 4 years ago
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Astral Tower Building, Varna
Astral Tower, Varna Offices Building, Bulgarian Commercial Architecture, Glass Facade Design Images
Astral Tower Building in Varna
28 Oct 2020
Astral Tower Building
Architects: STARH
Location: Varna, Bulgaria
Astral Tower is the highest building in Varna, Bulgaria, reaching up to 140 meters. The location of the building lot is chosen based on a thorough urban planning survey and solar analysis. Locked between two main boulevards of the city, Astral Tower is within a walking distance of public and institutional buildings, as well as in close proximity to the historical center.
As a mixed-use tall building, the project’s concept is to offer a way of inhabiting that is co-related with nowadays’ ever-changing daily dynamics. Everyday activities are concentrated into a single building, which allows a person to preserve time and energy in such a way over the span of a single day, that could be channeled to their personal life, family, and recreational activities. The program consists of residential and office spaces, a 4-star hotel, a mall, supermarket, gym, restaurant and café, healthcare services bank offices.
The project design is developed mainly in two volumes of a similar size – a horizontal and a vertical one – that are connected to one another. The design concept is reached after many studies and design proposals for the most appropriate size and ratio that could fit in the context. The major priority is accomplishing a design that is delicate, as well as contemporary and distinctive. In this sense, rounded corners along with the full height and attenuated vertical tectonics give the illusion of a disappearing building silhouette. In this way, the building itself fits in the most unobstructed way into the context with its size.
Building systems and technologies that are used aim to provide optimal comfort of inhabiting and to take into account the global current events. The HVAC system eliminates the need of positioning additional technical levels along with the tower. Using the VRF 3-pipe system provides individual control of the temperature through the heat recovery process and allows delivering of additional fresh and clean air, that helps natural ventilation as well.
Additionally, high-speed elevators and garbage chute systems are included. Due to the everyday need for contact with nature and optimizing visual comfort, a wide area of an extensive green roof and public green roof terrace between the two volumes are included. Building’s façade is integrated with LED lighting strips along with all vertical elements. Using light design and engineering, at night, they are turned into changing abstract animations and light shows.
The classic structural scheme of “tube in a tube” allows for a full 360-degree view from all 40 floors that opens a spectacular panorama towards the Black Sea and the whole city. The parking demand of inhabitants and visitors is completely satisfied with 5 underground levels.
Astral Tower Building in Varna – Building Information
Architect: STARH, Svetoslav Stanislavov Location: Varna, Bulgaria Design Year: 2020 Built area: 111 000 sq.m Client: Astral Concept
Design team: Petar Nikolov, Iva Kostova, Hristo Dushev, Dimitar Katzarov, Geogri Pasev, Desislava Geogieva, Vladimir Kavaev, Ivan Kovachev, Debora Dimitrova, Sanya Kovacheva.
About STARH STARH is a contemporary architecture practice that is devoted to a cause to break through stereotypes with a fresh, different, and bold approach. A mission that aims to benefit society and to bring inner satisfaction. Based in Varna and Sofia, Bulgaria, in the last decades the studio has gained local and international recognition by renowned architectural platforms and architectural awards.
Photography ©STARH
Astral Tower Building, Varna images / information received 281020 from v2com newswire
Location: Varna, Bulgaria
Bulgarian Architecture
Bulgarian Building Designs – chronological list
Bulgarian Architecture News
Varna Buildings
Varna Public Library Building Design Design: THEEAE LTD (The Evolved Architectural Eclectic Limited), architects image from architect Library Building in Varna
Proposal for Varna Public Library in Varna Design: spatial practice, architects image from architect Public Library Varna Design
Bulgarian Buildings
Bulgarian Architecture
Bistrica House, western Bulgaria Design: I/O architects picture from designer Bistrica House
Ivan Vazov Apartment Building Design: Aedes studio image from architect Ivan Vazov Apartment Building
Liulin Apartment Building in Sofia
Panorama Apartments Building in Burgas
Bulgarian Architect : contact details
Black Sea Gardens Bulgaria – design by Foster + Partners
Sofia Buildings
Comments / photos for the Astral Tower Building, Varna page welcome
Website: Varna
The post Astral Tower Building, Varna appeared first on e-architect.
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beardedmrbean · 2 years ago
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A unique and patented indicator for measuring temperature was presented at "Prof. Dr. Asen Zlatarov" University.
How to monitor the body temperature of children and adults around the clock, without using a device, with the help of a thermochromic indicator was presented for the first time at the University in Burgas.
The innovative and unique product has already been registered in the Bulgarian patent office and is the result of hard, responsible scientific work in the conditions of a public-private partnership.
The rector of the higher institution Prof. Magdalena Mitkova presented the team of chemists and doctors who developed the product. Among them are the vice-rector of the university Prof. Svetlana Zheleva, Dr. Anton Tanev, Prof. Ivaylo Tankov, Dr. Anife Veli and Dr. Radoslava Nikolova.
From the presentation of Prof. Zheleva, it became clear that the indicator is able to register any inflammation of a different nature in the human organism as soon as it appears. The product is already produced by "Unichimko-therm LLC" and is expected to be available in the pharmacy network soon.
The Mayor of Burgas Municipality, Dimitar Nikolov, representatives of the Maritime Municipality, RHI, major hospitals and other institutions and organizations in the region were the first to learn about the qualities of the product.
The thermochromic indicator is unique and innovative due to the following qualities:
- Its completely harmless composition.
- A quick way to record a person's body temperature rise in real-time.
- Acts for a long time as an application on human skin.
- After use, it does not need to be stored as hazardous waste.
- Quick visual reading in tracking the change in body temperature over a long period of time, not just at a certain moment - a minute or an hour.
- Ability to be used daily and/or permanently.
- It is a facilitation in order to detect a general or local infectious or other type of inflammation in the human body and to take measures for treatment in a timely manner.
How to measure body temperature
Until now, mercury, alcohol and electronic thermometers were the only way to measure body temperature.
By placing a one-time application of the Thermochromic Indicator, the body temperature can be read immediately and in real-time. The incredible advantage of this product is that the moment the temperature starts to rise, by means of a color change of the applied application, with an accuracy of 0.1°C, the temperature value can be registered even before the body reacts with other symptoms.
The thermochromic indicator allows to track the temperature after its single application for up to 48 hours. This depends on the correct execution of the instructions.
The product was developed on the basis of a microencapsulated pigment, soluble in a non-aqueous bio-environment. Cleans easily with water or a dry cloth.
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artwalktv · 5 years ago
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The sky took a long time to paint. Directors: Zhang + Knight Producer: Luke Tierney Production Company: FRIEND DOP: Carl Nilsson B2Y Producer: Alexander Kenanov Service Company: B2Y Productions B2Y Line Producer: Ivan Ivanov-Kebapa Production Manager: Kristin Arakchieva Production Coordinator: Daniel Vasev Production Accountant: Diana Petrova 1 AD: Mihajlo Kocev Production Designer: Lora Venkova Art Director: Kris Lekov Art Department Coordinator: Anna Hadzhieva Props Master: Zdravko Vasilev Props Master Assistant: Vasil Ivanov Buyer: Georgi Georgiev Construction manager: Zamfir Zamfirov Carpenter: Georgi Lazarov Carpenter: Tanislav Lazarov Carpenter: Emanuil Asenov Carpenter: Toni Tomov Carpenter:Ivan Kirov Carpenter: Dian Angelov Carpenter: Stefan Mavrodiev Carpenter: Boyan Georgiev Set Dresser: Luybomir Harizanov Assistant Set Dresser: Andrey Vasilev Lead Painter / Graffiti: Atanas Levakov Lead Painter / Graffiti: Yoan Tsenkov Painter: Todor Raykov Painter: Vasko Vasilev Painter: Toni Kanchev Choreographer: Simon Donnellon Choreographer: Lydia Buckler 1st AC: Mihail Kotev 2nd AC: Ludmil Donchev Steadicam Operator: Nikolay Kerezov Video Control: Simeon Chengelski Loader: Borislav Zlatanov Downloader: Bogomil Georgiev BTS: Angela Stephenson Stylist Taff Williamson Costumer: Mariya Petrova Hair & Make Up: Gergana Batanova Gaffer: Peter Kostov Electrician: Kirirl Bakalov Electrician: Viktor Hristov Key Grip: Vihar Nikolov Grip: Todor Todorov Key PA: Teodor Luckanov PA: Stoqn Rusev PA: Ivelin Ilchev Driver: Dimitar Simeonov Driver: Daniel Balcev Craft Service: RAGAZZI / Stefan Dundakov Editor: Ellie Johnson @ Tenthree Edit Producer: Julian Marshall Colourist: Daniel De Vue @ A52 Colour EP: Thatcher Peterson Colour Producer: Jenny Bright VFX: Analog Studios VFX EP: Mike Merron VFX Producer: Rose Nicholson VFX Lead/Lead 2D: Fabio Zaveti 2D Artist: Giuseppina Cataldo
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yanadodova · 5 years ago
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Makeup for the amazing bulgarian band JinMonic
Actor: Dimitar Nikolov
Makeup and hair: Yana Dodova
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massacrerecordsbanner · 6 years ago
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METAL INQUISITOR's new album "Panopticon" will be released on January 18th via Massacre Records!
METAL INQUISITOR are back with a new album, and they still keep it classy and traditional!
"Panopticon" was mixed at Gates Of Dawn Studio, mastered at HOFA-Studios
The album artwork was created by Dimitar Nikolov.
Enjoy the first single "Beyond Nightmares" here:
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And the second single "War Of The Priests" here:
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Get the album HERE as CD Digipak , limited vinyl LP, stream and download.
Support METAL INQUISITOR and spread the "Panopticon" album web banners!
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jacobhinkley · 6 years ago
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European Company Helps Turning Cryptocurrency into Collateral
TALLINN, ESTONIA (May 21, 2018) – A new European company has found a way to unleash the true potential of digital assets. Depository Network (DEPO) has developed independent loan collateral architecture for the cryptocurrency age.
DEPO founders began by asking why assets have changed but loan collateral has not. Despite cryptocurrency being a strong asset that continues to grow, lenders have still not found a way to accept it as collateral. Until now.
Following a similar model as traditional depository services, DEPO gives lenders the freedom to accept digital assets as loan collateral. The platform also allows borrowers to keep ownership of their digital asset during the entire loan period.  The platform also protects future financial gain of the asset for borrowers with its decentralized design.
By employing the DEPO platform, lenders will be able to accept cryptocurrency as collateral for loans. To be protected, lenders can request additional collateral, or a partial sale of the asset should the market become excessively volatile at any time during the loan period.
Borrowers can turn their digital assets into real-world collateral to secure traditional loans. The process is simple. Customers locate a trusted lender and select the option that permits digital assets to act as collateral. After the contract is signed, the digital asset is deposited to DEPO. By depositing their cryptocurrency with DEPO, borrowers can gain access to cash and also preserve the future earning potential of their digital assets.
DEPO will have the potential to serve 30,000 non-bank lenders and over 17,500 banks around the world. Peer-to-peer lending platforms will also be welcome to use DEPO’s services.
The blockchain collateral architecture offers users access to high tech infrastructure, full support and order execution, a cost-efficient platform and full integration with lender’s websites.
DEPO is preparing for an ICO in the third quarter of 2018 and an official Alpha Launch date in 2019.
About Depository Network
DEPO came together in 2017 when experienced legal, technical and financial minds united. Co-founders include Svetoslav Dimitrov, Deliyan Nikolov, Ivo Gueorguiev, Valeri Valtchev, and Dimitar Kostov. The company is positioned at the forefront of the cryptomarket, which has unlimited potential.
Press Contact
This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.
European Company Helps Turning Cryptocurrency into Collateral published first on https://medium.com/@smartoptions
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