The prospect of the given direction lies in a rapid tokenization of different assets in different sectors of the economy. Implementation of blockchain technology will change the investment environment forever and will allow purchasing of almost all types of existing assets in digital format.
Currently, certain amounts of crypto funds are formed, offering crypto-asset portfolios and their numbers keep growing. Accordingly, new branches require formation of support tools. These will provide the help that makes it possible to facilitate interaction between market participants and then guide them to a new level.
Recently, in an interview with Yahoo Finance, a known investor-billionaire Warren Buffet expressed his opinion regarding financial investments into cryptocurrency: “You aren’t investing when you do that. You’re speculating. There’s nothing wrong with it. If you wanna gamble somebody else will come along and pay more money tomorrow, that’s one kind of game. That is not investing.”
Buffet’s position, who made his fortune with the help of traditional financial tools, is understandable. Indeed, the cryptoindustry is a branch that needs to win the trust among ordinary investors. Nevertheless, cryptotechnologies, namely, blockchain and smart-contracts can be used for creation of platforms which provide full transparency of financial operations, which is particularly relevant for any type of investment. That way, the cryptoindustry can get ahead of the traditional investment market, as it gives access to the financial sector to anyone willing to become a player in the market.
Projects such as , , and are on their way to improve the current investment environment. Their activities are aimed at the creation of a functional ecosystem for interaction between crypto-funds and investors. It should be noted, that the results of their work are already visible for the cryptocommunity to see for themselves.
Key development of Melonport project is Melon protocol, which provides digital asset management, transparent operation history and ability to invest into a fund. There is also a built-in tool, Oyente, that is used for smart-contract analysis and will be responsible for the security of users.
Project developers are actively conducting comprehensive system updates thus keeping attention of the crypto community and market capitalization around $44,995,699.
Gavin Wood, who was involved in the development of Ethereum and the owner of Ethcore provides support to Melonport, insisting that the system and the concept developed by the team is a significant step in the development of the cryptofund market.
However, according to roadmap, full realization of the project should be expected only in the 1st quarter of 2019. At the moment, Melonport’s team is still engaged with the development of UI and underlying smart-contracts.
Founders of the Blackmoon platform — ex-Vice President of VKontakte, Ilya Perekopsky and ex-manager of Flint Capital fund, Oleg Seydak stated, that they intend to “create a bridge between the world of real investments and a crypto-universe”.
When creating a fund on the Blackmoon platform, the user has the feasibility of attracting investments, the investor, in turn, has a list of promising fiat and cryptocurrency projects to choose from and work with. Blackmoon is known for tokenizing usual investment tools, however, ways of tokenizing the assets are not yet provided on the platform. Therefore, the promised “bridge” is only a “bridge” in a long run.
The ICONOMI team, previously famous for creating a popular cryptoexchange, managed to attract $6 million in a span of 1 month during the ICO. At ICONOMI the comfortable investment conditions are provided by three tools: Index Fund, Performance Fund and Open Fund Management.
They open up access to fund analysis, allowing them to take well-informed investment decisions, creating their own funds. And although ICONOMI does not offer the tokenization of assets and does not accept investments in fiat, the system is still very popular and right now its market capitalization is $154,183,393 USD.
Of all the above mentioned projects, according to several ICO-analysts, Nousplatform has all the chances to become one of the most successful service-providers, since only on this platform it’s possible to create different types of funds, tokenize assets and offer them as fund shares, as well as choosing the best funds from a rating built by a special algorithm.
According to the project’s concept, access to managed crypto-assets will be provided to investors with any level of seed capital and all kinds of manipulations would be excluded owing to blockchain technology and smart-contracts. Such an approach towards the creation of decentralized funds based on blockchain technology managed to gain favour among blockchain-evangelists and crypto-investors.
It is worth emphasizing that Nousplatform simplifies the process of investment decision-making. This becomes possible through creation of rating and presentation of unified financial data for investment analysis of each fund on the platform. First position on the rating will be taken by funds, which combine maximum profitability, minimum risks and a positive capitalization growth.
The Nousplatform project enters the industry later than its predecessors, but has helped the team to integrate their experiences and mistakes, coming up with a better evolved platform. Having assessed the functionality of the platform, you can immediately notice what solutions that the other projects were missing. Investors who were not quick enough to take part in ICO Blackmoon,
ICONOMI or Melonport, now have a chance to purchase Nousplatform project tokens on favourable terms. According to the information on the official website, the pre-ICO stage will be launched on May 20th.
The first tokenized funds of partner-companies will be presented at Nousplatform during the early stages of its launch. At present, the project successfully completed the closed pre-sale stage in which the project managed to gather $550,000. Funds received are aimed at providing further development and scaling of Nousplatform.
In the project’s roadmap, the team promises to release a beta-version of the platform before the ICO. We recommend you keep a close look on Nousplatform, because, if the task is completed, it can be safely said that it will create a massive influx of tokens for investors, which means that the demand will significantly outpace the supply.
The post appeared first on .
ST. MICHAEL, Barbados – May 15, 2018 – Shyft (shyft.network) today announced that it has signed a Memorandum of Understanding (MOU) with the Government of Bermuda, led by the Premier of Bermuda, the Hon. E. David Burt, JP, MP. This is part of the country’s vision to establish Bermuda as the blueprint for leveraging cryptocurrency and blockchain technology within a highly regulated progressive framework with emphasis on strong Know Your Customer (KYC) and compliance. Recognizing that Bermuda is becoming a pioneer for technology in the modern world, Shyft has pledged to support local blockchain-based initiatives and build local capacity in the areas of education, job creation and repatriation of Bermuda’s international Workforce.
“The Government of Bermuda has decided to lead the way and build interoperability into the government legislation, in essence, approach regulatory frameworks with exportability in mind. This is our Bermuda jurisdiction as a service, the high level of exportability ‘stack’ that includes technology, regulation, process and protocol that we have built with assistance and commitment of modern companies like Shyft with expertise in handling KYC and Anti Money Laundering (AML) compliance. As a result, the country is able to accelerate economic growth, create jobs and attract global interest,” says Premier David Burt. “We’re leading the world in digital assets regulation, there’s no other country that provides comparable certainty and progressive regulatory Environment.”
“We’re thrilled to announce our investment in Bermuda,” says Shyft Chairman Joseph Weinberg. “Shyft has an ambitious objective of building a global digital identity ecosystem that gives all citizens the opportunity to participate. We have a goal of leveraging new technology to make positive and inclusive change. We have found a similar intent and aspiration with the Government of Bermuda.”
MOU Terms and Highlights:
Pledge to invest up to $10M USD over three years to support the people and government of Bermuda, create new jobs, help re-skill labour, invest in local businesses, education and infrastructure, as well as help repatriate skilled labor back into the country;trunomi news
Collaborate with the Government of Bermuda and all necessary oversight agencies in the development and improvement of a robust legal and regulatory framework; and
Through the Department of Workforce Development, support the training of Bermudians in blockchain technology and software development.
Shyft is thrilled to support Bermuda’s vision of leading the world in digital asset regulation by leveraging Shyft’s expertise in KYC/AML and blockchain-based identity verification.
As a testament to its strong belief in Bermuda’s position, Shyft has also announced a separate MOU with global data rights company, Trunomi, which was founded in Bermuda. Together, Shyft and Trunomi plan to leverage Shyft’s blockchain technology with Trunomi’s expertise in consumer consent frameworks to support Bermuda in its vision by implementing an innovative e-ID (electronic ID) framework.
Individuals and enterprises looking to leverage Bermuda’s world-class regulatory framework will not be limited by nationality or geography. The e-IDs that are issued will be globally interoperable, enabling entities to transcend borders and operate globally. “I’m proud to announce that as a result of this partnership and its strong synergies, entrepreneurs, enterprises, and blockchain companies all over the world will be able to leverage Shyft and Trunomi technologies to launch new products and services in Bermuda and globally,” says Bruce Silcoff, Shyft International CEO.
About Shyft
Shyft is building the world’s first modern, secure, multi-stakeholder Blockchain-based digital identity solution that enables KYC/AML attested data transfers. Combining privacy of data with efficiency of attestation, Shyft technology will radically streamline and simplify data collection, reduce cost and minimize the cybersecurity risks inherent in traditional compliance systems, while making the global economy accessible for all, by creating credible reputations for the 3.5 billion consumers who are lacking “identities” by today’s standards. Shyft is building a more financially inclusive future for everyone. If you are interested in working with Shyft and integrating your solution with our platform, please contact us: contact@shyft.network.
About Trunomi
Trunomi unlocks the power of customer data using consent and data rights management. The Trunomi platform enables businesses to request, record and immutably prove the legal basis for processing personal data and comply with the highest standard in global data privacy laws. For the customer its provides control and transparency over how their personal data is used. The platform is an enabler of the evolving personal information economy and Trunomi provides key enabling technology for a more flexible, transparent, empowered and customer-driven world. Trunomi was founded in 2013, with offices in Silicon Valley, Bermuda and London. Trunomi has filed six patents for their technology and have raised over $13M in Venture Capital funding from three seed rounds (investors include: Saturn Ventures, Fenway Summer, Fintonia, SenaHill, WorldQuant, CloudScale Capital Partners).
The anonymity of transactions is a core tenet of bitcoin’s functionality, so many users are dismayed when they learn that their financial information is not as secure as they believed. With every transaction is recorded on the blockchain, some dedicated research can link a bitcoin address to the owner’s real identity. Those truly concerned with protecting the anonymity of their bitcoin transactions turn to the services of bitcoin mixers such as .
Launched in January 2018, SmartMix is quickly making a name for itself among the reputable bitcoin mixers. Like other mixing services, SmartMix makes bitcoin transactions untraceable by mixing incoming Bitcoins sent through its platform with random coins from a reserve pool before sending them back out, breaking the continuity of the transaction chain. At the end of the trade it is impossible to know the origin of any coin coming out. What sets SmartMix apart is the combination of helpful features, low fees, and commitment to user experience. The SmartMix team of developers is constantly programming important updates that permanently improve the mixing service and user experience, including optional delayed payout and a new feature that allows users to customize the payout percentages to multiple addresses. The site is available in English, Spanish, and German. SmartMix is also always listening for new suggestions and is quick to respond with personalized user support should any questions arise.
While bitcoin mixers have gained an unfortunate association with shady and criminal activities, many in the crypto sphere see them as an essential to practicing the right to protect the privacy of their financial records. SmartMix services helps anyone using bitcoin keep their transactions anonymous.
For more information visit
