The future of digital payment processing is just days away as Blocnation prepares for the launch the world’s first decentralized Initial Coin Offering (dICO) on April 17th. Operating on its own blockchain built with the Komodo Platform, the Blocnation token (BNTN) will be used to unlock cryptocurrency-payment capabilities across PouchNATION events and venues and provide payment solutions for those unserved by traditional finance.
PouchNATION is Southeast Asia’s leading cashless payment system, organizing digital payments for events up to 150,000 people. With offices across six countries in the region, PouchNATION is the exclusive roll-out partner of Blocnation, allowing rapid adoption across their extensive ecosystem of events and venues. Starting with the lifestyle industry, the Blocnation app will enable users to hold altcoins, acquire event tickets, book stay at venues, top-up online, and get post cash-back and more.
The rollout of this technology across a three-phase plan will eventually put the power of crypto assets in the hands of anyone with a smartphone. Blocnation is uniquely positioned to capitalize on this exciting market:
Blockchain’s business value-add will grow to $176 billion by 2025;
Projections put the Gross Transaction Volume (GTV) in the lifestyle industry at $150- $220 billion by 2022;
Southeast Asia’s internet economy is estimated at $50 billion and expected to climb 300% in 2025; and
Consumers in Southeast Asia spend more time on their mobile internet than any other market with an average of 3.6 hours per
The partnership between Blocnation and Komodo provides a number of benefits for users including complete anonymity for purchasers, robust security protocols resistant to vulnerabilities faced by other platforms and multi-coin storage in its cryptocurrency lifestyle payment app. The platform also supports atomic and etomic swaps allowing seamless trades between coins that are based on both the bitcoin protocol and tokens based on the Ethereum protocol.
PouchNATION’s network of events, venues, and festivals across Southeast Asia will use BNTN as the standard digital currency. Through the use of NFC technology and a closed loop payment solution, users will benefit from secure, instantaneous transactions whilst organizers and venues save on transaction fees.
“We are excited to be working with Komodo as their first Premier Partner on the world’s first ever dICO”, said Blocnation CEO Graeme Perkins. “Together we are ushering in a new era of secure and borderless cryptocurrency payment options where Blocnation can leverage the technological innovation provided by the Komodo Platform and the market position of PouchNATION for rapid adoption across Southeast Asia and beyond.”
Both the Blocnation and Komodo teams are committed to creating a new standard in digital payments and this is the first of many steps toward towards total financial inclusion. For the millions attending and organizing events and those unserved by traditional finance systems, the future is looking bright.
Blocnation’s dICO will begin CET +7 on April 17, 2018, and the BNTN Token will be available for purchase via the blocnation.io . For further information and greater detail, the white paper can be downloaded .
The launch party featuring EDM global superstar Zedd will be held on Friday 13th April at Cove Manila in the Philippines. Tickets can start at 1500 pesos and can be purchased Join our
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INGOT Group claims that this specialized ecosystem will make the customers more confident and increase market liquidity, while providing more efficient market pricing and access to funds for a wide variety of stakeholders.
INGOT Group, a multi-industry company with industry-specific professionals, is all set to bring about a groundbreaking impact on the existing financial markets. By creating a revolutionary blockchain based ecosystem named INGOT Coin (IC), they have finally made it possible to build a new pathway between the crypto and the current traditional market participants, enabling them to diversify their portfolio in an efficient and secure manner.
The vision of the IC Ecosystem is to revive the lost unity and demand for both the markets by establishing six different components to work hand in hand under one umbrella, providing all community members the chance to capitalize on the upcoming opportunities in all markets. The ecosystem is comprised of an IC Wallet, IC Exchange, IC Brokerage, IC Digital Bank, IC Certifier and IC ICO Accelerator.
“INGOT Coin will create a complete solution by integrating 6 core ecosystem components and providing a one-stop-shop for the digital asset, traditional asset and currency markets,” said Iman Mutlaq, the Director of INGOT Group and the founder of INGOT Coin.
The IC Ecosystem will provide round the clock support, services and linkage between markets, providing the industry’s fastest and safest entry and exit mechanism for both sides, leading to making reallocation and trading techniques as efficient as possible, without being hindered by the time and cost associated with the previously segregated markets.
Primarily, The IC Ecosystem will facilitate custodial and brokerage operations that will encompass all traditional financial instrument functions needed. Linking multi-signature and cold storage IC Wallets with the full-fledged IC Exchange in addition to linking the IC Brokerage to both components will allow clients to safely trade in crypto and alter to the traditional market freely then easily expand or liquidate their investments through the IC Bank.
“The IC Ecosystem will transform trades, settlements and payments and make them instant, bringing together different necessary components and cutting out third party intermediaries who usually delay the process and increase associated costs,” explains Ahmed Khawanky, the CMO of INGOT Coin.
INGOT Coin has already established partnerships around the region as well as globally and has been participating in the market since 1993 through their holding group INGOT Group.
INGOT Group continuously works on providing all stakeholders an ever-growing broad range of innovative products and services globally, thus allowing it to gain sufficient expertise to link this knowledge to the new blockchain environment and create an all-inclusive and self-serving Ecosystem.
The group has recently added seven advisors, all with an extraordinary background and a wealth of industry experience.
Warren Whitlock, PR & Marketing Advisor
Navin Kapoor, Blockchain ICO Advisor
Pranav Bhatia, Blockchain R & D
George Mentz, ICO Legal Advisor
Sydney Ifergan, ICO Marketing Advisor
John Van Der Voss, ICO Advisor
Bogdan Fiedur, ICO Tech Advisor
Victor Chow, ICO Business Advisor
More about INGOT Group and INGOT Coin can be found .
About INGOT Group
A multi-industry company founded in 1993; has grown into one of most successful firms with industry-specific professionals operating in different companies and sectors under one umbrella. The group has fortune companies across multiple industries and adopts a strategy to expand its business and to leave an influential impact in the market field.
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The Crypto Lark Update: bitcoin and Cryptocurrency News – Old Man Buffet, Sharding and Authorities
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Unicef Australia has launched a platform through which third-party donations are made in the form of in-browser computing power which is used for cryptocurrency mining. The website, The Hopepage, allows donors to designate a set percentage of computing power to divert to mining Monero on behalf of Unicef.
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Unicef Australia Encourages Donations of Computing Power Through In-Browser Monero Mining
Unicef Australia has launched , a website that the company states will “allow Australians to provide help and hope to vulnerable children by simply opening the page while they are online.”
The website states that users “select how much compute power they are willing to donate to the mining, safe in the knowledge the process will not store any personal information,” adding that “The longer you stay on the page and the more processor power you donate, the more algorithms get solved, which earns cryptocurrency.”
Unicef Australia director of fundraising and communications, Jennifer Tierney, “We wanted to leverage new emerging technologies to raise awareness about current humanitarian crises and raise funds to support children caught up in them. The Hopepage allows Australians to provide help and hope to vulnerable children by simply opening the page while they are online.”
Unicef Adopts Opt-In Coinhive Script
The platform utilizes AuthedMine – an version of Coinhive’s API which was released by the company in order to fend off criticism of its product and to justify seeking lenient treatment from adblockers and antivirus products.
Unicef has advised that donors “may need to disable [their] ad blocker” in order to use The Hopepage. Unicef Australia digital engagement and content manager, Tony Tang, told that “Some ad blockers do disable the script, however, we ask that people that seek to donate disable this for our website. This is not dissimilar to media and news outlets requesting you to disable ad blockers to view their content. While it has potential to limit some users, we are still capturing new audiences we wouldn’t otherwise be able to reach.”
Unicef initially did not disclose that it was using Authedmine for The Hopepage, with Mr. Tang stating that the organization chose not to do such “in the same way we wouldn’t disclose server setups or configurations.”
Mr. Tang defended the transparency of the platform, stating “We are transparent in the fact we are borrowing a computer’s processing power, and provide the ability to choose how much power is donated. The donation is a one-time session, and needs to be approved by the user each time they visit the site. The Hopepage is entirely user-initiated, and they have the ultimate power to decide whether to participate or not.”
Unicef Experiments With Cryptocurrency Mining Donations
In February, Unicef launched the program – through which the organization sought to recruit gamers to allocate processing power to mine Ethereum on behalf of Unicef.
According to Unicef Australia, funds raised through The Hopepage are currently being allocated to support organization’s efforts in responding to the crisis in Rohingya.
At the time of writing, 2,303 people were actively donating processing power through the platform.
Do you think that other charitable organization will seek to emulate The Hopepage and develop their own platforms through which donors can offer computing power for crypto mining? Share your thoughts in the comments section below!
Images courtesy of Shutterstock
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![Americans are underestimating their smartphone screen time [study]](https://ohiobitcoin.com/storage/2019/04/baby-boomers-spend-screen-time-F.jpg "Americans are underestimating their smartphone screen time [study]")
