Cryptocurrency is a digital currency used for making secure and instant financial transaction anywhere in the world. It is a decentralized network, not issued or under control of any bank or government-it’s managed by the users. It is improving the financial transaction the way email improved communication by making it fast and cheap; bitcoin is an upgrade to existing payments methods which was not designed for the internet era.
It’s safe to say that technology is life in this present century. Technology is used by all sectors to innovate. Cryptocurrency is the future of financial transaction all over the world. In the coming years, more cryptocurrency will emerge.
There is over 700 crypto in the world today, and more will emerge soon. L-pesa is one of the new altcoins gaining ground in the crypto space. L-pesa runs on the ethereum blockchain. Unlike the traditional currency which is likely to lose value, L-pesa value will increase. The increase in value is due to its limited supply and liquidity. The general public has an opportunity making full advantage of its ICO (Initial coin offering).
One of the major fear of transacting online is the issue of security. L-pesa is a secured platform. There is no need to fear the unknown; your funds are safe. You negotiate on a decentralized, blockchain, smart contracts platform.
L-Pesa creates blockchain based smart contract loans enabling users across the internet to grow their businesses and flourish entrepreneurship. Users can take loans in Ether or bitcoin. L-Pesa, the first crypto loan service in Africa, creates a marketplace for peer to peer lending. There is a high rate of unemployment in Africa. One of the ways to help curb this is for the youths to embrace entrepreneurship as a lifestyle. This ICO will help to provide an enabling environment for businesses to thrive. Entrepreneurship is more than owning a business; it’s a mindset, a way of life, innovating and putting creativity into action to help create value and solve the problem of humanity. They are the creative force that helps propel the growth and development of a nation, according to Martin Gillard “creative force is the inbuilt skill in all of us to come up with new ideas, it separates us from the rest of the animal kingdoms”.
L-Pesa is a token built on the Ethereum blockchain which allows holders to use L-Pesa financial tools at a reduced cost. L-Pesa is a financial technology platform providing new financial tools to consumers and small businesses in Africa and Asia Microloans, the first tool on the L-Pesa platform, allow users to start or grow a business, pay for education or otherwise support their ambition in life. L-Pesa no doubt is here to cause a positive disruption in the way the cryptosystem operates. A lot of newbies in the crypto market might be worried about how to go about this. The system caters to them by allowing to copy from other experienced investors.
MY BITCOINTALK PROFILE :
MY BITCOINTALK USERNAME: ZIONEL01
Eth Acc: 0xC65d4C7255bd678F1B919A8a6F5e154907849688
The TrustVerse project is being featured in the ICO Crowd magazine! (March/April 2018 Edition)
TrustVerse is an AI-Blockchain wealth management platform. Wealth management for traditional (global equity) and virtual assets (cryptocurrency). It helps to secure and protect wealth & assets in two different stages of life, life and afterlife.
Bestowal and inheritance services are processed through smart contract designed with legal entities.
In her 1999 article titled “”, renowned IT architect consultant Darcy DiNucci introduced the world to the concept of . This new web architecture was based on user-generated content that would replace the then static nature of the Worldwide Web. It is important to note that her description of the framework differs significantly to what obtains today. The fact though is that Social Media came to be known as the advancement of web technology, in other words, Web 2.0. There are strong indications that may soon become the new Social Media.
When the internet first emerged, it was the pinnacle of distributed computing. It forever changed the face of information technology. Data could be transferred from and to multiple network nodes at breath-taking speed. At some point in the evolution of the web, the idea of user-generated content was developed and Web 2.0 was born. Within the framework of the Web2.0 architecture is Social Media with its many popular platforms like Facebook, Twitter, Google among others. These platforms have changed the way we share information and communicate with one another.
In the few years since the emergence of Social Media, the digital phenomenon has attracted praise and criticism in almost equal amount. Social Media critics point to the many flaws in the system which undermine the fidelity of the information that is being shared. These issues have even been brought to the forefront in the wake of the alleged manipulation of the 2016 general elections in the United States.
With issues concerning privacy and trustworthiness at the core of the opposition to Social Media, cryptocurrency and blockchain technology have been identified as holding the key to a new and improved Social Media ecosystem.Cryptocurrency and Social Media
A big part of the popularity of cryptocurrencies today can be attributed to the power of Social Media. With almost unlimited networking potential, stakeholders in the crypto market have been able to raise awareness for their offerings. No serious ICO marketing strategy today can leave out Social Media integration. Latest happening in the crypto world are usually trending topics on many of these Social Media platforms. On the flip side, Social Media platforms have also benefitted greatly from cryptocurrency and blockchain-based applications in general. With the never-ending nature of the conversation, these corporations are surely raking in significant revenue from all the activities on their platforms.
Up till now, one could say the relationship has been a symbiotic one; both benefiting from each other. However, cryptocurrency and blockchain technology may very well constitute a disruption to the mainstream Social Media construct. Cryptocurrency has also revolutionized many Business processes from payment processing to contract performance and many others. The blockchain delivers the possibility for almost unlimited potential in theoretically every business process known to man. Many of the core aspects of cryptocurrency operations of the face of it seem like the panacea to some of the nagging issues in the Social Media space.
Key Features of a Potential Crypto-based Social Media 2.0· Decentralized Content Control
A crypto-based Social Media platform will be decentralized; there will be no central server and the entire platform will be run on a blockchain. This, therefore, returns control over the user-generated content from the hands of the platform administration, back to the originating user. The entire network will be responsible for monitoring and control, thereby making the platform truly democratic.
· Enhanced Security
The mainstream Social Media is notorious for being agents of State-sponsored spying on private citizens. A crypto-based Social Media has the potential to offer a robust security framework that ensures the privacy of users. This can be especially useful in countries under repressive Government with little or no freedom of expression. , a secure blockchain-based messaging platform is a noteworthy example of a cryptocurrency start-up that is addressing this issue.
· Improved Payment Protocols
Despite the considerable level of economic activities that occur on a daily basis across all the Social Media platforms, the benefits are still restricted to a few players. The rising cost of advertising and content promotion makes it such that not many ordinary users can monetize their Social Media accounts. Online payment processing attracts hefty fees as well. With a cryptocurrency-based Social Media platform, users will be able to make payments easily using the native coin of that platform. Participants will also be able to create and execute smart contracts without the need for third party involvement. This last benefit has the potential to raise the stakes of digital networking even higher.
Final Words
These are just some of the potential improvements and benefits that can come as a result of the emergence of a crypto-powered Social Media 2.0. If there is one thing that has remained constant in this digital age, is that improvements and advancements are never far away. Cryptocurrency and blockchain technology continues to disrupt more and more areas every day. It isn’t inconceivable to think that it has the power to drive the next phase of the social media revolution; one that is more decentralized.
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Trending Events
On March 27, Roy Li was invited to attend the “Link Future — 2018 Spring Blockchain Technical Forum” sponsored by the Blockchain Section of Peoplecapital of people.com.cn, and shared his view on the use of blockchain under IoT settings: only those data with value flow and value circulation are worth going onto the chain.
On March 28, Roy Li was invited to attend the symposium of Application Practice of Blockchain and Artificial Intelligence at the Enterprise Level, whose leading organizer is the School of Innovation and Entrepreneurship of the University of Chinese Academy of Sciences, and express his view that “integration of IoT with blockchain can better realize supply chain finance in future”.
On March 30–31, Roy Li was invited to attend the Blockchain Technology & Application Summit and delivered a speech entitled Application Practice of Blockchain Technology at the Enterprise Level. He expressed his own opinions in three aspects: selection of consensus algorithm for public blockchain, iteration difficulty of blockchain technology, and blockchain theory and practice.
On April 4, Roy Li was invited to attend the 2nd closed-door forum of ChainClub in Hangzhou, expressing that “Ruff is the IoT node of crypto-currency”.
In mid-April, Ruff and Alibaba are to jointly hold a blockchain x IoT workshop in Shanghai, enabling more participants to join the Ruff ecology.
R&D Development
Realize the industrial robot data access: Develop TCP/IP protocol-based communication modes (suitable for KRC2/KRC4 series etc), allowing for acquisition and control of real-time data and working status, further developing middle- and bottom-layers of Ruff IoT ecology.
Brand Exposure
On April 6, RUFF was included into the column of “Today’s Market News” in the public account of huobi.com “Huobi.News”.
On April 4, Roy Li was interviewed by “Section 31 (block001.cn)”, a blockchain vertical media which had just series A round financing, expressing that “blockchain is to change the market relations, instead of improving productivity. The integration of IoT with blockchain will bring huge value”.
Community Building
The overseas telegram group, Facebook and Twitter accounts of Ruff Chain have been operating stably, also available on Reddit, Quora and Steemit. As its Chinese version, -Chain has been established at weibo.cn, which all Chinese and overseas investors can follow：
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