Connect with us

Bitcoin

Enterprise Blockchain Gets a Boost as Investors Funnel $120 Million in the Vostok Project

Published

on

Waves Platform AG, a fast-transaction blockchain distributed ledger platform service company, secured $120 million in private funding Wednesday to launch its private blockchain platform and system integrator, Vostok.

The company began development on the Vostok project to address the needs of large enterprise companies and public institutions looking form the basis of their own blockchain-based infrastructure. With Vostok, large organizations can quickly integrate and maintain distributed ledger technology infrastructure capable of quickly compiling a trustworthy, historical database of transactions that is cryptographically secured.

Blockchain technology, which provides the basis of popular cryptocurrencies such as bitcoin and Ethereum, is used in numerous industries including financial, insurance, medicine and shipping for secure storage and maintenance of transactions, allowing companies to track and audit past events in an automated manner.

“The Vostok prject which also comes at the line of intersection of several disruptive technologies, including Blockchain, Big Data, Artificial Intelligence and the Industrial Internet of Things,” said Sasha Ivanov, founder and chief executive of Waves Platform. “By implementing those in the Information Technology infrastructures of corporations and government agencies, we lay the foundation for the digital economy.”

Waves launched in 2016 as a startup seeking to provide an enterprise-ready blockchain platform with an emphasis on security, easy digital asset management and simplified user experience.

The Vostok project represents an iteration of the technology seeking to bring the Waves platform in line with the needs of large-scale organizations. It consists of two parts: the underlying blockchain infrastructure (the Vostok platform itself) and a company to facilitate the maintenance, development and optimization of that infrastructure (the Vostok system integrator).

The main purpose of the platform and its future rollout will be to form the basis of scalable blockchain infrastructure to facilitate certification, registration and data tracking for any industrial or organizational purpose that a trustworthy historical database of transactions can be used – which covers anything from tracking global shipments to providing security for sensitive documents.

London-based financial services group Dolfin coordinated and managed the delivery of the deal for the Waves Platform.

Because of the nature of the financing of blockchain industry projects, often using cryptocurrency tokens in crowdsales and the rise in fraud and scams involving those sales, Dolfin Chief Executive Officer Denis Nagy said, investors can find it difficult to join in.

Another funding round is planned for early 2019, but no details have been released. Waves plans to use this investment to push forward with the Vostok project and bring its platform forward for what it calls “Web 3.0” or the future of distributed, automated applications that run without the need for centralized servers. Companies running using Vostok infrastructure will be able to run decentralized apps and execute smart contracts — agreements encoded on the blockchain that execute themselves when certain conditions are met — with greater ease.

The launch of the first projects using Vostok across Europe and Asia is expected to happen at the beginning of 2019.

Related:

  • AtScale Secures $50 Million in Series D Financing Led by Morgan Stanley
  • Okera Emerges the Stealth of Intelligent Schema Management
  • Mirantis Enables OpenStack on Kubernetes
  • Facebook is Developing a Cryptocurrency for WhatsApp Money
  • Virtustream Adds a New Software-as-a-Service tool Support to its Risk
  • What is Blockchain Technology? A Step-by-Step Guide For Beginners
  • Neurala Launches AI-Assisted Video Annotation Tool in Brain Builder
  • Pundi X, reveals XPhone, a Blockchain-Powered Android Smartphone for the Masses
  • Amazon Web Services(AWS) Signs Contract With Qtum Cryptocurrency In China

William Charles is a guy with a job who’s lucky enough to win every single time. He writes about sports because he watches sports. He watches sports because he writes about sports.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Bitcoin

The New Futurama Successfully Reboots the Show for 2023

Published

on

EVERYONE, GOOD NEWS! Futurama has returned (again).

The 11th season of the science fiction show debuts today on Hulu in the US (and Disney+ worldwide), following a 10-year break. It’s understandable to question whether, with the passage of time, the show could continue where it left off and continue to be as pertinent now as it was ten years ago, but fear not. The new episodes effectively revive the program in 3023—a year that is still 1,000 years away—with all the vigor it possessed when it was cancelled (for the second time) in 2013.

As The Simpsons continued to dominate television, Futurama began airing in 1999, almost 25 years ago. It started with four fantastic seasons, which featured several Emmy Award-winning episodes including “Roswell That Ends Well” and “Godfellas,” among others. While the lead characters Philip J. Fry (voiced by Billy West) and Leela (voiced by Katey Sagal) have lots of humorous lines, the foul-mouthed, beer-swilling robot Bender (voiced by John DiMaggio) is probably the most well-known. For those who are unfamiliar, the show’s premise is that Fry was a pizza delivery kid in 1999 on New Year’s Eve when he was unintentionally cryogenically frozen for a millennium. Professor Farnsworth (also voiced by West) magically reboots the universe at the start of the next season, allowing everyone to effortlessly carry on from where they left off after time has been suspended for a few years. “We’re here again, baby!” As he ignites a cigar, Bender exclaims.

The current season of the program constantly makes fun of its own repeated cancellations and revivals, such as when the characters persuade “Fulu” officials to bring back a canceled robot soap opera that Fry liked. By shackling him in a Dune-style stillsuit with a helmet that drills into his skull, a feeding tube, and a recycling system for his waste, they make it easier for him to binge watch multiple seasons. A few soap opera episodes are written by Bender, but they aren’t very good; evidently, AI will still struggle to write properly in a thousand years. It has a retro-futuristic vibe that is entirely modern while paying homage to earlier sci-fi eras.

And to think that it nearly didn’t. In order to secure higher remuneration for the entire group, DiMaggio withdrew from the Futurama revival last year as the new season was coming together. (Voice performers for TV and video games have long complained that their pay is inadequate.) A response from fans using the hashtag #BenderGate resulted from producers threatening to change his voice. After all was said and done, he was reinstated in his position.

The animated space comedy series Futurama, created by Matt Groening and David X. Cohen, debuted before the year 2000, cellphones, social media, artificial intelligence, and shows like Rick and Morty and Star Trek: Lower Decks, both of which have new seasons planned. While Star Trek and Rick and Morty are more grounded in science and less gloomy than Futurama, it is still clear how the two shows have influenced one another and how the popularity of animated science fiction has increased as a result.

In addition, Futurama makes more allusions to the 2020s than either of those shows. There is an episode about Bitcoin, which is accompanied by cryptocurrency frauds and lost money, in its Twilight Zone-like show-within-a-show that now pays homage to Black Mirror. Additionally, it has a server farm, which raises ethical questions regarding the heads of the robots powering it rather than energy use or carbon footprint. A Covid-like outbreak, Ivermectin use (but only for deworming), a main character being “canceled,” and 3D printing are some other episodes.

The megacorporation MomCorp, which formerly resembled a future Walmart, is the subject of another brand-new episode. These days, it goes by the name Momazon and has a sizable lunar warehouse with horrible working conditions as well as a new digital assistant called Invasa (which is similar to Alexa but even more intrusive). Momazon poses a threat to control the sector, force Planet Express out of business, and rule the globe. The fast, drone-borne delivery are certainly practical, despite the characters’ criticism of the business.

Futurama will receive 10 additional episodes for season 12 in addition to the new version’s 10 weekly episodes. Although it is obviously written with respect for the past, it also has a forward-looking feel to it.

Continue Reading

Bitcoin

How To Start Your Cryptocurrency Investment?

Published

on

The best thing about cryptocurrency is, it uses blockchain technology, so you need not worry about control from a central authority and organizations. Though blockchain-powered cryptocurrencies are robust, the value of cryptocurrencies is chaos like a wild west wall street, since they are highly volatile. But there is an increased interest in cryptocurrency investment with the fact that Bitcoin returned more than 230% during the 10-year period, even though it had violent dips and pumps in the history of the first known digital currency.  Investing in cryptocurrencies can be a profitable and exciting venture, but it’s essential to do your research and make informed decisions before jumping in. Here are some steps to help you get started with your cryptocurrency investment:

  • Educate yourself: Before investing in cryptocurrencies, it’s important to have a basic understanding of how they work. Take the time to learn about blockchain technology, how it works, and what makes it secure. You should also learn about the different types of cryptocurrencies and their features, as well as the risks associated with investing in them.

The other options include consulting your options with crypto and blockchain consulting firms for expert opinions and market analysis.

  • Choose a cryptocurrency exchange: Once you’ve educated yourself, you’ll need to choose a cryptocurrency exchange to buy and sell cryptocurrencies. Look for an exchange that is secure, reliable, and has a good reputation. Some popular cryptocurrency exchanges include Coinbase, Binance, and Kraken. The first task in investing in a cryptocurrency is choosing a cryptocurrency exchange since it is the most critical factor. Here are some of the factors to keep in mind while choosing the right crypto exchange.
  • The exchange platform should be easy to use.
  • Security of the transactions.
  • Transparency of the crypto Exchange.
  • Low fees for trading.
  • The reputation of the exchange.
  • Create an account: Once you’ve chosen an exchange, create an account and complete the necessary verification process. This will typically involve providing your personal information and verifying your identity. Depending on the platform or the number of cryptocurrencies you are buying, you need to submit the required KYC documents and verify your identity for regulation and security purposes.
  • Fund your account: After your account has been verified, you can fund it with fiat currency (like USD or EUR) or cryptocurrency. Depending on the exchange, there may be different deposit methods available.
  • Choose your cryptocurrency: With your account funded, you can now choose the cryptocurrency you want to invest in. Research different cryptocurrencies and their market trends to make an informed decision. Here are some tips on choosing the right cryptocurrency for your investment.
  • Choose a cryptocurrency that has a high market capitalization.
  • Ensure your chosen cryptocurrency has achieved the highest gains over time.
  • Choose a cryptocurrency that has good use cases, since it has the capability to increase in value in the forthcoming years.
  • Choose a crypto that has high liquidity. High liquidity ensures users can easily buy and sell crypto in exchanges without big price slippages.
  • Security is important when investing your hard-earned money in highly volatile things like crypto, so do your research and invest wisely.
  • Place your order: Once you’ve chosen your cryptocurrency, you can place your order. You can choose to buy at the current market price, or you can set a limit order to buy at a specific price.
  • Store your cryptocurrency: After purchasing your cryptocurrency, you’ll need to store it in a digital wallet. You can leave your cryptos in the crypto wallets provided by the cryptocurrency exchange or you can choose a crypto wallet of your choice to store your cryptos securely. There are different types of wallets available, including hot wallets (connected to the internet) and cold wallets (offline). Make sure to choose a wallet that is secure and reputable.

There are different types of crypto wallets, the main ones are

  • Hot Wallets: Hot wallets are online-based wallets that require an internet connection. Hot wallets can be web-based as Metamask, software-based, or mobile based. Such wallets are essential for quick transactions while trading cryptos.
  • Cold Wallets: Cold wallets do not require an internet connection, they can be either hardware wallets or paper wallets.

Either way, the investor should not lose the private keys of the wallets,       since missing the private keys can result in the loss of access to all your stored cryptos. Users can lose cryptocurrencies because of theft, computer failure, or due to the loss of private keys. So, choose your crypto wallet wisely. It is better to use the safest storage and consider using a non-custodial cold hardware wallet for long-term safekeeping. In contrast, you can use hot wallets while trading and move them to cold wallets after the transaction is done.

  • Monitor your investment: As with any investment, it’s important to monitor the value of your cryptocurrency. Keep an eye on market trends and be prepared to make adjustments to your investment strategy if necessary.

Investing in cryptocurrencies can be profitable, but it’s crucial to approach it with caution and make informed decisions. By educating yourself, choosing a reputable exchange, and taking steps to secure your investment, you can start your cryptocurrency investment on the right foot.

Continue Reading

Bitcoin

Unveiling Bitcoin Questions: The Ultimate AI-Powered Destination for All Your Bitcoin Inquiries

Published

on

Introduction

As Bitcoin continues to dominate the global financial landscape, curiosity surrounding the world’s leading cryptocurrency is at an all-time high. To address the growing need for accurate and reliable information on Bitcoin, a groundbreaking website called “Bitcoin Questions” has been launched. Powered by state-of-the-art artificial intelligence (AI) technology, Bitcoin Questions aims to provide clear, concise, and trustworthy answers to all inquiries about this digital currency. In this article, we will explore the innovative features of Bitcoin Questions and how it stands to revolutionize the way people learn about and engage with Bitcoin.

Bitcoin Questions leverages the power of AI to offer users a seamless and efficient way to find answers to their Bitcoin-related questions. By integrating advanced natural language processing (NLP) algorithms, the platform can comprehend complex queries and provide detailed, contextually relevant responses. Here’s a brief overview of what you can expect from Bitcoin Questions:

User-Friendly Interface: Bitcoin Questions boasts a clean and intuitive interface that makes it easy for users to ask questions and receive answers. By simply typing a question into the search bar, users can quickly obtain accurate and informative responses tailored to their specific inquiry.

Comprehensive Knowledge Base: The AI behind Bitcoin Questions draws upon an extensive knowledge base that covers all aspects of Bitcoin, including its history, technology, economics, and legal implications. This ensures that users receive well-rounded and up-to-date information in response to their queries.

Continuous Learning: One of the most remarkable features of Bitcoin Questions is its capacity for continuous learning. The AI system constantly updates and refines its knowledge base as new information becomes available, ensuring that users always have access to the latest and most accurate data.

Multi-Lingual Support: To cater to a diverse global audience, Bitcoin Questions offers multi-lingual support. This allows users from various linguistic backgrounds to ask questions and receive answers in their preferred language, promoting greater accessibility and inclusivity.

Community Engagement: In addition to its AI-driven answers, Bitcoin Questions also facilitates community engagement by allowing users to upvote or downvote the provided answers. This helps ensure that the most helpful and accurate information is prioritized and promoted.

Security and Privacy: Bitcoin Questions is committed to safeguarding users’ privacy and security. The platform implements advanced encryption and data protection measures to prevent unauthorized access to user information, ensuring that your queries and personal data remain secure.

Mobile Compatibility: Recognizing the ubiquity of smartphones and the need for on-the-go access to information, Bitcoin Questions is fully compatible with mobile devices. This enables users to ask questions and receive answers anytime, anywhere.

Expert Input: While the AI technology behind Bitcoin Questions is incredibly powerful, the platform also incorporates expert input to guarantee the reliability and accuracy of its responses. A team of Bitcoin experts routinely reviews and validates the AI-generated answers, ensuring the information provided is of the highest quality.

Conclusion

Bitcoin Questions represents a groundbreaking step in the world of cryptocurrency education, harnessing the power of AI to provide accurate, reliable, and easily accessible information on Bitcoin. As curiosity about this digital currency continues to grow, Bitcoin Questions stands out as an innovative and invaluable resource for anyone looking to learn more about and engage with Bitcoin. With its user-friendly interface, comprehensive knowledge base, and commitment to accuracy, Bitcoin Questions is poised to become the ultimate destination for all Bitcoin-related inquiries.

Continue Reading

Interesting Articles

Rep. Patrick McHenry of North Carolina is the leader of the House, at least for now Rep. Patrick McHenry of North Carolina is the leader of the House, at least for now
News13 mins ago

Rep. Patrick McHenry of North Carolina is the leader of the House, at least for now

Share this post: Share on X (Twitter) Share on Facebook Share on LinkedIn Share on WhatsApp RALEIGH, N.C. (AP) —...

Doubtful Next Year’s COLA Will Come Close To 2023’s – Forbes Advisor Doubtful Next Year’s COLA Will Come Close To 2023’s – Forbes Advisor
News16 mins ago

Doubtful Next Year’s COLA Will Come Close To 2023’s – Forbes Advisor

Share this post: Share on X (Twitter) Share on Facebook Share on LinkedIn Share on WhatsApp Editorial Note: We earn...

McHenry orders Pelosi to vacate Capitol office in first acts as Speaker McHenry orders Pelosi to vacate Capitol office in first acts as Speaker
News29 mins ago

McHenry orders Pelosi to vacate Capitol office in first acts as Speaker

Share this post: Share on X (Twitter) Share on Facebook Share on LinkedIn Share on WhatsApp Speaker Pro Tem Patrick...

Man United ratings: Hojlund 9/10, Onana 3/10 in shock defeat Man United ratings: Hojlund 9/10, Onana 3/10 in shock defeat
News37 mins ago

Man United ratings: Hojlund 9/10, Onana 3/10 in shock defeat

Share this post: Share on X (Twitter) Share on Facebook Share on LinkedIn Share on WhatsApp Manchester United’s woes continued...

Feds bust 8 illegal massage parlors across Carolinas Feds bust 8 illegal massage parlors across Carolinas
News45 mins ago

Feds bust 8 illegal massage parlors across Carolinas

Share this post: Share on X (Twitter) Share on Facebook Share on LinkedIn Share on WhatsApp Two women are accused...

Average MLB game time dropped to 2:40 with pitch clock Average MLB game time dropped to 2:40 with pitch clock
News58 mins ago

Average MLB game time dropped to 2:40 with pitch clock

Share this post: Share on X (Twitter) Share on Facebook Share on LinkedIn Share on WhatsApp NEW YORK — The...

Things to know about the resignation of a Kansas police chief who led a raid on a small newspaper Things to know about the resignation of a Kansas police chief who led a raid on a small newspaper
News1 hour ago

Things to know about the resignation of a Kansas police chief who led a raid on a small newspaper

Share this post: Share on X (Twitter) Share on Facebook Share on LinkedIn Share on WhatsApp TOPEKA, Kan. (AP) —...

Woman’s Facebook Marketplace PSA goes viral on TikTok Woman’s Facebook Marketplace PSA goes viral on TikTok
News1 hour ago

Woman’s Facebook Marketplace PSA goes viral on TikTok

Share this post: Share on X (Twitter) Share on Facebook Share on LinkedIn Share on WhatsApp The victim of a...

Blue Jays on experience ahead of AL Wild Card Series Blue Jays on experience ahead of AL Wild Card Series
News1 hour ago

Blue Jays on experience ahead of AL Wild Card Series

Share this post: Share on X (Twitter) Share on Facebook Share on LinkedIn Share on WhatsApp This story was excerpted...

McCarthy’s ‘condescending’ remark on faith sealed vote McCarthy’s ‘condescending’ remark on faith sealed vote
News2 hours ago

McCarthy’s ‘condescending’ remark on faith sealed vote

Share this post: Share on X (Twitter) Share on Facebook Share on LinkedIn Share on WhatsApp Rep. Tim Burchett (R-Tenn.)...

Trending