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Register AAX & Earn up to 55 USD Bonus

noreply@blogger.com (Unknown) — Tue, 01 Sep 2020 17:42:00 +0000

Register AAX & Earn up to 55 USD Bonus

When BTC was first issued, in 2009 it had zero value and was only exchanged for hobby purposes. As of July 2010, the value of BTC has grown tenfold from $ 0.008 to $ 0.08 per BTC. In 2011, the price went from $ 1 to $ 31 and then back to $ 2.In 2017, the price of BTC was up 1,824% to reach a staggering $ 19,783. In 2019, price rallies rose from $ 3,400 to $ 13,200, and in January 2020 they rose slightly over $ 9,000.

BTC is not the only cryptocurrency. There are others like Ethereum (ETH), Litecoin (LTC), XRP (XRP), EOS (EOS), and many more that run on their own blockchain program, and have their own unique identity in terms of use cases, popularity and price. How To Get Bitcoin Free?

If you believe that one of these cryptocurrencies is likely to increase in value over time, you can buy it, store it in a digital wallet, and sell it at a later date. You can also try and profit from cross-currency price movements and trade in and out of these coins actively.

What is AAX?

AAX is an online exchange platform where you can trade Bitcoin and over 20 other top cryptocurrencies with each other. In the AAX OTC market, it is possible to buy and sell cryptocurrency in exchange for fiat currency. AAX also offers a Futures market, which basically allows you to speculate on price movements and trade with high leverage.

AAX is the world's first cryptocurrency exchange to use the same matching engine as the London Stock Exchange and other traditional financial markets. This makes AAX fast and reliable. In practical terms that means AAX can handle a lot of traffic and trading on the platform.

Opening an account at AAX is very easy. If you register and verify your email address or phone number, you can instantly deposit, trade, and withdraw up to 1 BTC per day. If you help us verify your identity, by submitting a government-issued ID and proof of address, you get access to our OTC marketplace where you can buy and sell crypto for fiat, and you can withdraw up to 5 BTC per day.

Earn up to 55 USD Bonus

Register Now!

How to trade Spot

The concept is simple. Say, you have $ 10 worth of BTC and you want to trade it against ETH. Just visit the Spot market and study the price charts. If the price looks really low and tends to go up, this might be a good time to spend some of your BTC buying ETH. You place a 'limit order', set the price you want to buy, and once your order is filled and you are in the market, you can set a limit order to make sure you sell once you hit your target.

Sometimes, things may not go as expected. The price can go down, not up, but don't panic! Of course, you can sell if the price seems to be plummeting, but if you study the price chart carefully, you will see that prices are always going up and down - the market can recover over several hours, days, or even weeks.

Warning! Digital Asset Trading is a high-risk activity. Digital Asset Prices are very volatile, where prices can change significantly over time. Please use extra consideration in making the decision to buy or sell Digital Assets. Coin Crypto Asia does not force users to buy or sell Digital Assets, as investments, or for profit. All Digital Asset trading decisions are independent decisions by users.

Hopin Team Raised $ 6.5 Million to Launch Event

noreply@blogger.com (Unknown) — Mon, 31 Aug 2020 11:05:00 +0000

We Raised $6.5 Million to Launch the Future of Events

Today, we are announcing a $ 6.5 million turnover led by Accel and joining a number of leading venture funds, including Northzone, Seedcamp, the Amaranthine Fund, and the Slack Fund of Web Summit, as well as a number of outstanding angel investors.

We didn't expect a better team of experts to join forces as we bring our live online event technology platform to market.

At Hopin, we build a platform that reproduces the live event experience - network, interaction, content, and connection - but in a more accessible, secure, and sustainable way. By bringing events such as conferences, summits, or workshops to Hopin, either as additional virtual experiences or completely web-based, brands can facilitate their events for a much larger global audience at a fraction of the cost to the planet.

With this aim, we've made Hopin scale. Currently, our events can accommodate up to 100,000 concurrent attendees, but we are actively working to develop technology to increase this number to one million.

Our early access waiting list has grown considerably and the variety of use cases we saw from brands wishing to use Hopin was varied. From large-scale conferences to meetings, to trade shows and purpose-based organizations, to crypto hackathons and remote companies - verticals that Hopin serves the creative and broad. We see events as cool as yoga sessions, pottery seminars, music festivals, and more.

In this vein, we find that events are almost as unique as humans. They can be a little different. To solve this, we designed Hopin to be a modular virtual space. These can be customized to fit the unique goals of the event organizer.

Hopin feature set is aimed at fixing some of the problems in the multibillion-dollar virtual events industry, namely the lack of quality, face-to-face interactions between participants. Traditional video conferencing programs and "webinar" platforms provide the capital for viewing content with a smaller number of people. But it is difficult to connect meaningfully with other people at virtual events and it becomes more difficult at scale. Our solution to this problem is to offer an all-in-one platform with multiple modes of live video interaction that make big events feel small again, including one-on-one (networking), one-to-many (broadcasting), and many-to. -many (group conference).

Our mission is to create better connections for a better world. My hope is to see more people build better relationships by attending more events they normally wouldn't be able to attend. When we remove barriers to people coming together in authentic ways, we can begin to win the battle against loneliness and isolation.

A year ago it was just me, building a network platform from home. Today, we are a remote team of 15 people and we are growing fast. As expected, we use Hopin himself to collaborate and meet together regularly. With this funding round, we'll be launching Hopin in the next few months, improving our processes and our team (we're hiring), and partnering with individuals and brands around the world to launch some fantastic events.

Steps To Keep Crypto Wallets Safe From Hackers

noreply@blogger.com (Unknown) — Sat, 29 Aug 2020 10:56:00 +0000

7 Essential steps to keep your Crypto Wallet Secure

With the advancement of technology in the world, we have changed for the better, but this has increased our personal responsibility to maintain online safety. Today we see a growing crypto phishing attempt in which bad actors attempt to con the innocent.

Want to know what best practices should be taken to safeguard your valuable cryptocurrency assets? Let's see here how to stay safe and protect your funds.

1. Start with a Secure Foundation for Your Wallet.

Make sure your device is free of any malware and never install Trust Wallet to a rooted device. To ensure you always use the original version of Trust Wallet, you must download the App exclusively from the link provided on our website: trustwallet.com

2. Do Not Share Your Recovery Phrase or Private Key with Anyone.

Your funds will only be safe if you keep the recovery phrase, never share it with anyone. Keeping it confidential and secure is of utmost importance to protect your wallet from unauthorized access.

3. Save an Offline Copy of your Recovery Phrases.

Always keep a copy of the recovery phrase on offline storage! Writing it down on a piece of paper is the easiest solution. Encrypted text files, stored on the USB drive, also work. With the help of "Password Manager," you can save digital backups of recovery phrases (and any other password you choose) into one encrypted file which you can store on one - or several - USB drives.

4. Share and Protect Your Assets. At Cold's place, Hot's place.

Use cold storage or hardware wallets to store your cryptos in bulk and for your daily needs & for smaller amounts you can use hot wallets like Trust Wallet.

5. One Wallet, One Recovery Phrase

Don't use the same recovery phrase for different wallets. Best practice is to always use one recovery phrase per wallet.

6. No Reset or Recovery Process. Always Keep a Backup.

Remember to always keep a backup copy of the recovery phrase. If your phone is damaged, stolen, lost, or the app is accidentally deleted, your wallet can always be recovered on another phone using the recovery phrase. There is no reset or restore process; losing your phrase means losing your funds!

7. Add Overlay, Enable Passcode or Touch / Face ID.

To ensure that only you have access to the Trust Wallet Mobile App, be sure to add a second level of authentication such as a Passcode or Touch / Face ID to access your funds on Trust Wallet.

Trade THS And Share 50,000 THS As Rewards

noreply@blogger.com (Unknown) — Fri, 28 Aug 2020 14:35:00 +0000

Trade THS And Share 50,000 THS As Rewards

During the event, Hotbit will rank all users based on their THS trading volumes (buy + sell volumes), all THS traders may share 50,000 THS as rewards.

Rules and Regulations: The users who are ranked No. 1 - No. 10 will share 21,000 THS based on their ranking positions. All qualified users who are ranked No. 11 and below will share 29,000 THS based on the proportion between their own trading volumes and the total trading volumes of all qualified users ranked No. 11 and below.

Note: In order to be qualified for participating in the event, during the event, the users are required to accumulate no less than 500 THS in their trading volumes (buy + sell volumes). During the event, the withdrawal function of THS will be temporarily unavailable.

Duration: 15:00, August 20th, 2020 - 15:00, August 30th, 2020 (UTC+8)

Go Trading Now!

Note:

The ranking chart of the event will be published within 10 business days after the event terminates.
All rewards of the event will be distributed within 10 business days after the event terminates.
Hotbit reserves the final rights on the explanations and interpretations of all rules and regulations of the event. If Hotbit detects any cheating, click farming or matched trading activities, Hotbit is entitled to disqualify all users involved in such activities from claiming their rewards.
Risk warning: Cryptocurrency assets are known as an innovative type of investment products that involve relatively huge fluctuations in their prices. Please do judge your own investment capabilities rationally and make your investment decisions cautiously.

Thank you for your ongoing support on Hotbit.

Warning! Digital Asset Trading is a high-risk activity. Digital Asset Prices are very volatile, where prices can change significantly over time. Please use extra consideration in making the decision to buy or sell Digital Assets. Coin Crypto Asia does not force users to buy or sell Digital Assets, as investments, or for profit. All Digital Asset trading decisions are independent decisions by users.

Graphic Miner 5700 XT With 8 Cards

noreply@blogger.com (Unknown) — Fri, 28 Aug 2020 13:44:00 +0000

5700xt GPU Mining Machine

What is a mine?

Mining fields are known as the gathering of mining machines in one place for collective management. Mining fields are known as highly-professional collectives that conduct highly-efficient management on various conditions of mining activities such as ventilation, dust prevention, temperature and moisture control, hardware and software of mining machines and electricity resources, etc. Mining fields are normally built in those areas with cheaper electricity costs.

What is cloud mining?

The essence of cloud mining is to be part of a mine and holding miners to gain BTC profits. Your mining is already starting as soon as you purchase and your daily BTC earning is valid immediately. Just one click without doing the flowing.

Cloud Computing Power Product Introduction —— ETH GPU Mining

a. Currently, the mining activities of ETH are mostly conducted through GPU mining machines, which resemble PC that we use at home. However, there are 6-10 GPU installed in each mining machine, and mining machines are not equipped with any monitors.

b. The reason that none of the ASIC mining machines are created for ETH like they are created for BTC is due to the fact that ETH has its own unique mining mechanism. During the mining process of ETH, a DAG file will be generated, and the DAG file will be continuously called. Hence, a special space is required to be created to store the file. The mandatory requirement on storage space leads to the fact that even if ASIC chips are created for the mining of ETH, they will not greatly reduce the cost of each unit of computing power.

c. Starting from June this year, the amount of assets locked up in DeFi projects is increasingly growing. The prosperity of DeFi projects has led the public to rediscover the innate value of ETH. Also, the frequent on-chain operations have led to the increasingly growing of the consumption volume of ETH, and meanwhile, this part of consumed ETH will be paid to miners as gas fee, which leads to the fact that the incomes of miners are growing as well

d. It is expected that, by the end of 2020, all GPU mining machines with 4G of RAM will have to be eliminated from the market due to the growing size of the DAG file. There are two options for the holders of these eliminated mining machines, the first option is to quit for liquidation, and sell out the machines for their remaining values. The second option is to upgrade the machines from 4G of RAM into 8G of RAM. However, considering the fact that these GPU mining machines themselves have been putting into use for a long time, their qualities vary from each other, and that the dismantlement, reinstallation and bumpiness that may occur during the transportation of these machines, it is obvious that not all machines can be upgraded successfully at the end. It is estimated that the upgrade process will cost approximately 10% or 20% of loss in computing power. On the other hand, for any investors or miners who directly invest on GPU mining machines with 6G or 8G of RAM, the elimination or termination of other mining machines means that the mining incomes of our mining machines have increased.

e. GPU mining machines are different from ASIC mining machines. As long as there are consumers who intend to purchase ASIC mining machines, the factories can simply produce them on full power, the capacity of production of ASIC mining machines can be regarded as unlimited. However, there are only two core suppliers of GPU mining machines, namely AMD and NVIDIA. The core businesses of AMD and NVIDIA are aiming at normal consumers, and they will not randomly increase their capacity for production based on the high demands of mining activities. Hence, the supply of mining machines are not unlimited, and will not increase rapidly within a short period of time either.

f. The market of GPU mining machines itself involves a lot of hidden rules and tricks as well. Currently, there are more than a dozen brands of GPU available on the market, which involve various types as well, and there are even unbranded GPU out there as well. The qualities of different GPU made by different manufacturers vary a lot from each other. When purchasing GPU, the consumers have to take various factors into consideration, which include material, heat sinking, quality, sizes, etc. It is obvious that normal users are not able to identify all tricks in the GPU market, and it’s also hard to explain all these tricks within a short period of time. Hence, we strongly recommend normal GPU users not to randomly purchase GPU mining machines from any unfamiliar manufacturers. It is recommended that users should purchase their GPU mining machines through professional teams with professional staff to control every aspect of the purchase, assembling, transportation, and maintenance for the avoidance of any potential loss.

The static return cycle and related formulas

Generally, the static payback period of the product is the price of the product divided by the daily income that the product generates for the user, which involves two formulas as below:

• Static Payback Period = The price of each unit of the product (Calculated in ETH) / The daily ETH income generated by each unit of the product for the user

• The daily ETH income generated by each unit of the product for the user = The number of units of computing power held by the user x theoretical daily amount of ETHM token generation X (1-5% of service fee) x (1 - 3% of mining pool charge) - electricity fee (The electricity fee will be deducted in ETH from daily income)

• The calculation method for the daily electricity fee of 1M of computing power: Power Consumption x time x electricity cost ÷ the price of ETH/USDT transaction pair by 8:00 of the day (UTC+8).

Which is: 0.00373Kw x 24 Hours x $0.055 ÷ the price of ETH/USDT transaction pair by 8:00 of the day (UTC+8).

Comparison And Contrast Among Various Types of Cloud Computing Products

Details of ETHM Contract

Miner Type : AMD 5700xt 8G GPU Mining Machine

Hashrate : 450±5M/Each

Hashrate Unit : M（1M= 10^6HASH/S）

Reward Payment Time: 08:00(UTC)

Management Fee : 5%

Total Hashrate : 7632M

Electricity Cost : 0.00492$/M/Days

Product Name : MTETH2308

Minimum Purchase : 1

Product Term : 3year

Register!

Review: https://www.sparkpool.com/miner/sp_yun5700811/data?currency=ETH

Purchase Instructions

1.1 Definition of MNTK2201

The total amount of computing power under this contract is 15,984 M (The unit M of computing power represents M Hash/S, same below), 1M of computing power corresponds with 1 MTETH2308 (2308 represents that the maturity date of the contract is August 2023).

1.2 Price in Purchasing Session

The subscription price will be based on the fair market value of each M of computing power.

1.3 More about Pricing

The price of the product will be affected by various factors such as the price of cryptocurrency, difficulty of mining, price of mining machines. The actual purchase price will be determined by the price by the time the user finishes his / her payment.

1.4 Note

1.4.1 By purchasing 1 MTETH2308, the user can be seen as holding 1M of computing power.

1.4.2 This product is not refundable after payment.

1.4.3 The incomes generated from the computing power that corresponds with the product will be distributed in ETH.

1.4.4 The daily rewards will be transferred into your investment account at 08:00(UTC)

1.5 Disclaimer of Uncontrollable Risks

Disclaimer of Force Majeure: Hotbit will not be responsible for any losses or damage caused by any force majeure risks, for example: objective issues that are unforeseeable, unavoidable or unconquerable, which include natural disasters such as flood, volcano eruption, earthquake, landslide, fire, extreme weather, government actions and orders, municipal level of power outage accidents and abnormal social issues such as war, strike or upheaval, etc.

Distribution and Payment of Rewards

2.1 Factors:

In case that the mining difficulty of ETH increases, the mining incomes will correspondingly decrease. Vice versa, in case, that the mining difficulty of ETH decreases, the mining incomes will correspondingly increase. In case that the price of ETH fluctuates, the electricity fee calculated in ETH will also fluctuate, which leads to the fluctuations in mining incomes as well.

2.2 Rewards Income

2.2.1 Last 24 hours’ rewards for each client will be distributed before 08:00 (UTC) every day.

2.2.2 After the subscription period of MTETH2308 terminates, MTETH2308 will be available for trade on secondary market. The users may sell out their MTETH2308 on secondary market at any time and withdraw from the contract.

2.3 Management Fee

2.3.1 Under most conditions the mining pool fee is about 3%.

2.3.2 The supplier of the computing power charges 5% of daily mining yield as a management fee, which includes the maintenance of the mining field, deployment, and repair of mining machines, cost of human resource, unexpected emergencies, risk fund, etc.

2.4 Electricity Fee

The electricity fee of the contract of 5700xt GPU mining machine will be $0.00492/MHS/Day. The electricity fee will be deducted by the distribution of incomes.

Clearing Rules and Termination Condition

3.1 The contract duration of MTETH2308 is 3 years, which means that the maturity date of the product will be August 2023. After the maturity date of the product, no further incomes will be generated.

3.2 After the subscription period of MTETH2308 terminates, MTETH2308 will be available for trade on secondary market. The users may sell out their MTETH2308 on secondary market at any time and withdraw from the contract.

Risk Warning

4.1 The price of cryptocurrencies frequently involves huge fluctuations, and the mining difficulty of ETH will also adjust from time to time, which leads to the uncertainty regarding the incomes of the product. The contract cannot guarantee that the users will receive positive incomes under any situations. The users are required to carefully evaluate their own capacity of risk tolerance and conduct their investment activities within the boundary of their own acceptable level of risk tolerance.

4.2 Hotbit respects the local laws and regulations of the place where the product is issued. At present, Hotbit DOES NOT provide services to clients in more than ten countries and regions, including Mainland China, Ecuador, Denmark, India, Bolivia, Thailand, Nepal, Iran, etc.

Disclaimer

Hotbit reserves the final rights on the explanations and interpretations of all rules and regulations of the event. If Hotbit detects any cheating, click farming or matched trading activities, Hotbit is entitled to disqualify any users involved in such activities from claiming their rewards.

Ripple Isn’t Competing With Stablecoin

noreply@blogger.com (Unknown) — Fri, 28 Aug 2020 11:47:00 +0000

XRP does not compete with Stablecoin or CBDC

XRP, the third-largest crypto asset, is currently struggling to reach $ 30. Apart from having a large market cap, XRP is primarily used across payment networks to bridge liquidity issues. Nonetheless, Ripple Senior Director Emi Yoshikawa shared his views on how he sees XRP in the Stablecoin and CBDC chaos.

When talking about expanding Ripple's reach in central Asia, Japan, he highlighted that Ripple's native token XRP is primarily focused on global payment systems. He strongly argues that XRP is not in competition with Stablecoins and CBDCs like China's digital Yuan. Apart from that, he also emphasized that stable coins, CBDC, and crypto assets like XRP can together bridge liquidity problems.

"There are various types of crypto assets, but in my opinion, the role of XRP as an asset bridge in international settlement is not a competition with Stablecoins or CDBC, but rather, complementary," said Emi.

“I think that the role of #XRP as a bridge asset in international settlement is not competing with #stablecoins or #CBDCs, but on the contrary, are complementary.”-@emy_wng via @fxcoin_jp https://t.co/Exv4xbFtPr
— Ripple (@Ripple) August 19, 2020

The director also emphasized Ripple's Liquidity On-Demand (ODL) which uses XRP for international transfers without the need for a Nostro account. He went on to say that Ripple's current focus is on launching ODL in new markets by breaking down barriers and engaging local regulators.

Also through xSpring Ripple, an initiative to assist and assist companies and projects run by proven entrepreneurs, the company is focused on creating new use cases using XRP and Interledger technologies.

20% of RippleNet transactions occur using XRP

On the other hand, Ripple's SVP of product development and company, Asheesh Birla stated that 20% of RippleNet transactions occur using XRP. Tweeted about the increasing demand for ODL, Mr. Birla said;

XRP struggled to maintain $ 0.30 and fell back to $ 0.29 at the time of reporting this. As per Coinmarketcap, the token is currently up 1.42 percent in the past 24 hours, holding a market cap of $ 13,168,806,137.

Litecoin Is Not The Center Of Attention

noreply@blogger.com (Unknown) — Thu, 27 Aug 2020 18:54:00 +0000

Litecoin Is Not The Center Of Attention For Crypto Users

LTC is indeed one of the old coins. Not long after Bitcoin appeared, then LTC came as an alternative. Maybe if I'm not mistaken, LTC came before Ethereum. However, LTC is out of competition with Ethereum, so it is rarely discussed.

Based on their data in 2013 there were only 7 coins, one of which was LTC. Ethereum is not there, it may not register or it is not yet born. https://coinmarketcap.com/historical/20130428/

I didn't pay much attention to Litecoin but I did read some posts about the team adding more privacy and anonymity features. It can be good and add more value to the coin.

Apart from being a substitute for bitcoin in sending lower fees and faster confirmation, I don't really see much value in it. Others may think otherwise of course.

As for wallets, they have many options. Visit their website https://litecoin.org/ and scroll down.

If you want to stay updated about the development of this coin, follow Charlie on twitter https://twitter.com/SatoshiLite

Here are some of the latest Litecoin news posted by Charlie

A lot of great Litecoin news recently.

• Litecoin Visa Card
• Grayscale Litecoin Trust (LTCN)
• Privacy/compliance with the Mimblewimble Testnet immediately
• Hashrate is up 50% this year
• Transactions are up 100% this year
• Total addresses increased by 400% since August 2017
• $ 500 million shipped per day
- https://twitter.com/SatoshiLite/status/1295908132737040384

You can't believe everything he says of course but other information can be verified on the blockchain.

In the past, the use of Litecoin was to make major developments on Litecoin first and see how it would turn out, if they could make the Litecoin version work and there were no problems, they would also make changes in bitcoin, sort like a blockchain development site for bitcoin developers.

This is clearly seen as a great thing by the Litecoin people as well because we are talking about Litecoin getting technological breakthroughs before anything else and always having the leading technology in the world of finance. Obviously, after a while all these new coins that appeared proved a lot of things and there is no longer any Litecoin that can help Bitcoin because everything is out there, so nowadays it is becoming less and less useful every day.

Same here. Litecoin is one of the best currencies to use for withdrawal since the TX fee is too low compared to other currency especially Bitcoin.

Litecoin is also one of the most promising currencies and just waiting for the right time to spike so decide for your self OP if you will indeed invest in this one or will pass for now.

But never forget that since this has the lowest fee yet safer to invest since part of the top 10 currencies though of course Invest in Bitcoin and Ethereum also because of the Bear will surely spike these 2.

Corion Foundation - The Global Stablecoin Movement

noreply@blogger.com (Unknown) — Thu, 27 Aug 2020 15:50:00 +0000

Corion Foundation - The Global Stablecoin Movement.

Blockchain technology itself makes things easier, more transparent, and safer, while excluding a series of middlemen, each of which only does what they get from you in one way or another. Additionally, blockchain is a great tool for fighting bureaucracy, as well as various gray schemes and other inaccuracies that many companies and organizations try to hide. So in this case the presence of Blockchain technology is very important, and is the main choice in various transactions.

About the Project.

The need for stable priced payment assets based on blockchain has been indicated in the market information section. Most payment assets only function as intermediaries on some exchanges. With our activities, we help to be able to increase the adoption of payment assets in everyday life using our infrastructure.

The aim of this project is to be able to drive worldwide adoption of Stablecoins. And helping those who don't have a bank account, young people get access to banking that is fast, safe and cheap. We support projects that are working on development to get new clients, contacts and infrastructure.

The Corion project aims to create a common platform for such projects because their universal adoption is what we are all looking for.

The project is defined and will do everything possible to make stock available in most e-wallets, making it accessible in more regions around the world. And it will help users to have access to crypto payments, stable crypto payments, no matter what wallet they use.

Corion Foundation will enter the market with Stablecoin (CorionPay) in the near future through a fintech company. The Foundation is of the view that there are great opportunities for alternative modes of payment and expansion. And anyone developing a business, business relationship, capital or even user site will benefit from it.

We believe that, in the next few years, hundreds of millions of people will use a stable solution for their daily payments, money transfers, and finances. So, there is a significant chance that stable electronics will soon become the dominant player in the digital financial market.

Some of the outstanding players in the industry - Peter Thiel (PayPal), Coinbase, IBM, Facebook, JPM, DeFi startups, Central Bank of China among other central banks - have recognized this growing opportunity.

Stable priced assets and service providers not only serve as potential or popular use cases but also open up enormous business opportunities for the fast-growing new era Fintech industry. Everyone has the opportunity to participate in the emerging market of stable priced assets and become one of its users to take advantage of daily transactions.

Overview of the CorionX token description.

The Corion Foundation has created a CorionX utility token, which will be used partly for CorionPay support, partly for infrastructure lists, for using the foundation's services, and for users to use the platform.

CorionX will lead the Stablecoin Movement to successfully change the paradigm and use stable crypto as payment. CorionX is the "gas" for stablecoin infrastructure, the Stablecoin Movement and utility assets to support stablecoins.

Token Information

Token : CorionX (CORX)
Platform : Ethereum
Type : ERC-20
Total Supply : 400,000,000

60,000,000 CorionX tokens will be allocated as a loyalty bonus for CorionX holders.

Purchase IEO tokens

IEO (Probit Launchpad): Jul 20, 2020 - Sep 01, 2020
Estimated Value : 1.0000 USDT
Price : 0.01500000 USDT
Purchase amount : 66 CORX
Bonus : 8 CORX
Amount including Bonus : 75 CORX

CAUTIONS

1. Sale and purchase of CorionX take place between you and CorionX (the “Issuer”) and ProBit is neither a seller nor a party as any capacity in the sale of CorionX
2. Purchase of CorionX is final and there will be no refunds or cancellations
3. Please contact the Issuer for any inquiries regarding CorionX
4. The distribution schedule of CorionX is to be determined by the Issuer.

The official source of the project:

Website: https://corion.io/
Whitepaper: https://corion.io/corionx-whitepaper-en/

Social Media:

Twitter: https://twitter.com/CorionPlatform
Facebook: https://www.facebook.com/CorionFoundation
LinkedIn: https://www.linkedin.com/company/corionplatform/
YouTube: https://www.youtube.com/channel/UCD9royvfm_-02vV9eHvZk8A
Telegram Community: https://t.me/corionx

Team Corion X

Warning! Digital Asset Trading is a high-risk activity. Digital Asset Prices are very volatile, where prices can change significantly over time. Please use extra consideration in making the decision to buy or sell Digital Assets. Coin Crypto Asia does not force users to buy or sell Digital Assets, as investments, or for profit. All Digital Asset trading decisions are independent decisions by users.

Potential integration of AI with Blockchain Technology

noreply@blogger.com (Unknown) — Tue, 25 Aug 2020 19:57:00 +0000

Potential integration of AI with Blockchain Technology

As they used to say and some still do, Machines will take over the world, we are not too far from that scenario. But to give some reasoned thought, advances in technology have only made work easier for humans and have provided the potential for more innovative inventions.

No doubt one can say that Artificial Intelligence (AI) is perhaps the most correct example of the word for the above statement. Computing & processing data and taking action based on that data have allowed AI to develop its own place in our world. Together with AI, another technology that has made all the right sound is blockchain, the underlying technology behind Bitcoin. Thanks to the genius of Satoshi Nakamoto, the world was introduced to Bitcoin, and with it the revolutionary Blockchain technology.

Artificial Intelligence and Blockchain are products of two very different parties and developing applications, but it can be said that they can benefit from each other. Discussions of these two products separately, together and even the topic of blockchain vs AI, seem to have become an artistic passion for tech eccentrics. While blockchain vs machine learning is a very interesting subject, integrating it has spawned many ideas.

It is true that both AI and Blockchain have different complexities individually. AI is the brain or force that continues the analytical process and makes decisions based on the stored data. On the other hand, by definition, Blockchain is a decentralized ledger of large amounts of digital data that offers transparency and is accessible to all. The ability of these two technologies to work on data and enforce it accordingly gives us reason to think about the possibility of working on it together.

Data security

By integrating AI with blockchain technology with its ability to store large amounts of encrypted data and keep it safe from their unauthorized influence when applied to the data we provide to AI and data it collects from around the world, provides the potential for a very secure backup of data. critical items include medical and financial assets that are too sensitive to assign to an organization. Storing such data on the blockchain and granting access to AI after permissions and procedures are verified will generate custom advice while maintaining a strong safety net on sensitive information.

The integration of these two technologies can also lead to a reduction in the workload of miners. Given the fact that data grows by the minute, using AI data analysis and computational factors and applying it to data stored on blockchain networks has the potential to eliminate bugs and data that may not be usable in the future and increase efficiency.

Cashing Out Data

The data in today's world is said to be the equivalent of oil, considering that all technology companies, today rely heavily on the data collected to create targeted personalized ads, recommendations and more. Data monetization is a great source of revenue for organizations like Google and Facebook. Having conglomerates that make decisions on data while selling and using them biased for their own benefit concludes arming that data with content creators.

Blockchain technology gives us power over our data by encrypting and thus securing it, which makes it a personal choice to provide access without risking personal information. This in turn will affect AI which requires data to be studied and processed. In order to gain access to data, they have to get it directly from the creator through the data market. This will create a much more justified and equitable platform for obtaining data while providing ample opportunities for startup businesses to access data that cannot generate their own data which reduces costs for small organizations as data delivery and AI development is a very expensive process.

Understanding the Use Case of AI in Blockchain Integration

Even though humans are the ones who feed the algorithm into the system, we can't predict how it will develop or what AI will think. With so much data being analyzed and complex decision making, it is more difficult to understand AI. There is far more data stored on computers than we can possibly imagine or be able to understand by even the best brains on earth and AI can be taught to describe and prioritize that data according to its importance and use by developing intelligent algorithms. Machine learning and blockchain can produce great results if decisions are recorded on the blockchain, then it will provide a broad database that will help analyze decision making and better understand AI. In addition, this makes data very secure because data on the blockchain cannot be affected or tampered with. This brings confidence in the decisions on the analyzed data. Blockchain and machine learning together open up great opportunities in understanding its decision making and further improving the program.

Conclusion

AI and blockchain are very broad terms with an ocean to explore and more to create. It has been subject to heavy attention and study by academics and scholars over the years. These two technologies are driven to work with data, one storage, and secure it and the other analyze and enforce it. Uniting them with sound countermeasures opens the gates for a highly secure system of data analysis, exploitation, and decision-making with better understanding and conclusions for artificial intelligence. It will also make data access a fair game for creators and business owners and not just a source of income for players from the big leagues.

Bitcoin Breaks New Records

noreply@blogger.com (Unknown) — Tue, 25 Aug 2020 19:39:00 +0000

Bitcoin Breaks New Records

Crypto is growing in popularity around the world. Digital currency is used in almost every sector. It is not only introduced to everyone and everywhere, but it is also getting closer and closer in value and may soon break new records and establish itself a valid position.

The global pandemic has disrupted massively in every sector and industry. The impact was enormous and it was getting harder and harder to recover from it. The economy is in a slump and it is very difficult to find the right way out because we are all surrounded by a deep fog of uncertainty. This is why everyone is trying their best to overcome a very difficult situation.,

The pandemic has affected not only some industries in particular but also has a profound impact on the economic state of each country as well as the global economy. This is why financial experts and experts are trying to figure out how the economy can be stabilized and what will be the next steps to improve the current state of the economy.

Many people are starting to invest in cryptos because digital currencies are supposed to be the future of the world, as we all turn to the digitization process. Digital currencies, on the other hand, are not affected by the pandemic and have less impact than outside factors. It is decentralized and non-physical, which will matter a lot during the height of the post-pandemic crypto period.

As such, more investors and entrepreneurs are starting to invest in the crypto market than ever before. This is the answer to the question, how does Bitcoin reach such incredible value and continues to increase in value every day.

New record

Bitcoin has overcome the invalidity of Bank of America as well as New Zealand dollars in Market Capital. This is the new beginning of the digital era. Bitcoin now occupies the 25th position via Market Capital. This is something that not many people imagine happening in the post-pandemic period.

Bitcoin got a lot of support from first-time investors and this was the most important in the massive increase in BTC volume. The capitalization of BTC has increased losses past Bank of America's assessment. Thus, Bitcoin is now closer to Paypal, than ever before.

BTC's current capital is more than $ 226 billion. This is a little more than the market capitalization of Bank of America and the New Zealand Dollar. The massive change was the result of a 3.2% increase in BTC and a 2% fall in Bank of America's market capitalization, which is around $ 224 billion. All of this gives financial experts and specialists the ability to call Bitcoin the 25th most valuable asset by market cap. Next is Paypal, which still stands even further at $ 230 billion.

Bank of America is clearly not alone in its significant decline from fiat-based institutions. The New Zealand dollar also stands right next to it, which means that Bitcoin has managed to position itself ahead of the NZD in just a matter of days. This fact also states that Bitcoin has taken the 34th position in the list of most valuable fiat-based currencies.

The Bitcoin Industry

As mentioned above, Bitcoin and other cryptocurrencies are becoming increasingly popular among various industries and investors as well. Most of the major industries have adapted Bitcoin and have introduced new blockchain-based platforms to customers.

One of the industries that have decided to get closer to the digital world is the gambling industry. It is one of the first industries to introduce a blockchain-based platform and supports most cryptocurrencies as a means of payment. Most of the online casinos, which are also likely to be one of the most popular means of entertainment around the world, have adapted cryptos and introduced many different online bitcoin slots to the audience. Most of the Bitcoin volume is generated from the gambling industry, as more and more companies are implementing it.

While many controversial and sharp measures have been introduced to smooth out the economic impact caused by the pandemic, the Federal Reserve is also encouraging different investors to invest more in the crypto market. Quite a few representatives of the gambling industry have already done so, and are expected to invest even more in the nearest future.

Buffett is not the only famous name on the list. Together with him, there are names like Paul Tudor Jones, who is the founder of the Tudor Investment Corporation. Another billionaire also considers investing in Bitcoin since revealing that the crypto asset was the part of his portfolio previously. So he is expected to be seen figuring in the crypto market anytime soon and the drastic increase of the Bitcoin value might actually be a good inspiration.

Barstool Sports founder, Dave Portnoy is also among the people to expect in joining the crypto world. It is not a simple guess r, but rather a statement. Portnoy made the statement with one of the websites. He and twin brothers Tyler and Cameron Winklevoss want to make a purchase of $200,000 in Bitcoin as well as $50,000 in Chainlink. This shall be Portony’s first crypto purchase. And let’s agree that for the first purchase and first crypto investment that is a decent portion.

Binance Launches Build For Bharat

noreply@blogger.com (Unknown) — Tue, 25 Aug 2020 19:27:00 +0000

Binance Launches 'Build For Bharat' To Accelerate India's Blockchain Ecosystem

Binance, a global crypto exchange recently announced the launch of the hackathon, "Build for Bharat" in India. This hackathon will focus on Defi together with the accelerator program. Back in March 2020, the exchange collaborated with WazirX with the aim of improving the blockchain ecosystem in India.

Build For Bharat is India's first Defi focused Hackathon

Binance has announced that Build for Bharat will be India's first Defi-focused Hackathon. With the help of this hackathon, the company aims to bridge the gap that exists between blockchain and mass adoption in the country. Through a blog post on August 24, the exchange has announced every special detail about the hackathon.

Binance will select around 100 teams for the Build for Bharat event and will receive application forms until September 11, 2020, for the same. It was revealed that together with Defi, Binance will accept other projects as well such as trading platforms, digital asset wallets, and many others.

Binance expects great participation

The current Defi ecosystem in India is relatively small compared to other Defi markets. However, Binance expects that due to the good exposure of the Build for Bharat event, there will be a large amount of participation. Google Cloud, Marlin Protocol, Ankr Cloud Infrastructure, Band Protocol are sponsoring this hackathon. This acceleration program is sponsored by the Polaris Accelerator program. Due to all these partners, the company is targeting large participation in India.

An invitation from Binance reads, "Build for Bharat invites creators, innovators, and builders from all over India to come and showcase their talents by building unique and creative products using digital assets and blockchain technology." It was also stated that companies are not looking for big companies as this event is focused on startups and individuals.

The Fire Burned 660 Buildings in California

noreply@blogger.com (Unknown) — Fri, 21 Aug 2020 16:35:00 +0000

The Fire Burned 660 Buildings or around 215,000 acres in California

Vacaville, In the middle of the night, the screaming woke them, warning they didn't have much time. The fire was coming.

Residents in and around Vacaville, in Northern California, grabbed their treasures and got out.

In some cases, it was an album of cherished photos. One woman collected her late father's ashes and her jewelry box. Some snatched up their pets. Others took nothing and fled as fast as they could.

Then, once away and safe, came the agonizing wait for news about their homes, threatened this week by the LNU Lightning Complex fires, which by early Friday had torched 215,000 acres. Across the state, 360 recent fires -- most sparked by lightning and spread due to high temperatures, inaccessible terrain, and limited resources -- have destroyed or damaged 660 structures.

A woman named Laura, who didn't want to give her last name, said she learned Thursday from neighbors around Vacaville that her home was safe. But her nerves were still rattled from having to evacuate at 2:30 in the morning.

Flames from the LNU Lightning Complex fires consume a home Wednesday in Vacaville, California.

"Our next-door neighbor pounded on the door. It was the scariest thing ever, " she told CNN as she waited at the Ulatis Community Center in Vacaville. "You don't know what to grab. I got a little jewelry box and my Dad's ashes."

Not everyone knew of the fate of their homes. They bided their time in the parking lot despite the heat.

Cheryl Jarvis didn't know whether she still had a house.

Jarvis didn't want to go inside the shelter and potentially put herself or her daughter at risk for contracting the coronavirus, she said. Besides, the parking lot had become something of a staging area for motor homes. Children rode bikes and neighbors made breakfast burritos on a portable grill.

In the center, there were just too many people, Jarvis said, so they slept in the back of her Toyota Prius.

"Not only are we dealing with Covid but with also the heat and now the fires," she said. "Where's the light at the end of the tunnel?"

Okex Crypto Exchange Suffers $5.6 Million Loss

noreply@blogger.com (Unknown) — Wed, 19 Aug 2020 13:09:00 +0000

Ethereum Classic 51% Attack: Okex Crypto Exchange Suffers $5.6 Million Loss, Contemplates Delisting ETC

Cryptocurrency exchange Okex reveals it suffered the $5.6 million loss as a result of the double-spend carried out by the attacker(s) in Ethereum Classic 51% attack. Okex says it fully absorbed the loss as per its user-protection policy while insisting that the attack did not cause any loss to the platform’s users.

Also as part of its immediate responses to the attack, the OKEx team said the “exchange had suspended deposits and withdrawals of ETC to prevent further losses.”

A total of five accounts on the exchange had been used in the attack and now the Okex team says it has “suspended the five accounts to prevent further incidents.”

Immediately following the attack, ETC developers initially downplayed the event by characterizing it as an “accident.” At the time, the developers doubted if any major double-spend attacks had occurred.

However, an investigation by a blockchain analysis firm later revealed the “accident” was, in fact, a 51% attack, and that $5.6 million had been stolen. At the same time, reports linking Okex wallets to the incident also surfaced.

Responding to these reports in a blog, the Okex team clarifies that the “exchange was only involved in that the attacker(s) used the exchange to purchase and trade ETC.”

The Okex team also believes the exchange was targeted probably because it “provides excellent ETC liquidity, seeing some of the largest ETC transaction volumes in the industry.”

The blog report suggests that “the attacker(s) likely calculated that they would be able to relatively easily and promptly trade large amounts of ETC on OKEx.”

Regarding more steps it will take, the Okex team said:

“Additionally — given OKEx’s responsibility to protect users from similar incidents that threaten the security of their funds — the exchange will consider delisting ETC, pending the results of the Ethereum Classic community’s work to improve the security of its chain.”

However, the blog post does not give a specific time frame when the ETC community is expected to improve this.

Meanwhile, in his comments on the attack, Tim Ismilyaev, CEO and Founder at Mana Security, says such incidents are “common for less popular blockchains, ETC can’t fix it without significant amendments into their architecture.”

Ismilyaev also offers his view on why Okex still suffered the loss even after the ETC team had advised exchanges to halt deposits and withdrawals soon after the attack. Ismilyaev explains:

ETC’s advice was released after the attack occurred, so Okex couldn’t stop the withdrawal of stolen funds. Noteworthy, the attacker most likely knew how Okex risk management systems work. It allowed him to withdraw stolen funds without being detected. That’s why he deliberately traded assets only on OKEX rather than splitting funds across multiple exchanges to hedge the risks.

With one exchange, Kucoin having delisted ETC margin trading from its platform, the ETC team faces increased pressure to address the security challenges or face more delistings.

Bitcoin Price Falls to $0. 75% of Investors Will Hold

noreply@blogger.com (Unknown) — Tue, 18 Aug 2020 17:35:00 +0000

Bitcoin Price Falls to $0. 75% of Investors Will Hold

A recent poll found that 72% of bitcoin investors are optimistic about cryptocurrency and would hold on to it even if its price fell to zero. A total of 22,635 votes were collected for this survey.

Most Bitcoin Investors Will Hodl Regardless of the Price

Twitter Plan B users, known for their stock-to-flow price prediction model, have conducted a Twitter poll to determine when bitcoin investors will sell their BTC if the price doesn't go up. The poll ended on Saturday and 22,635 votes have been counted in total.

“You may be bullish on bitcoin but what if the price of BTC doesn't increase sharply next year? When are you going to sell? "Plan B asked his followers. Among the respondents, 72.1% answered that they would hold on to their BTC regardless of price, going up to $ 0 if necessary.

BUY BITCOIN NOW

The next most popular option is to sell bitcoin when the price drops below $ 6,000, which was chosen by 16.2% of respondents. Meanwhile, only 5.9% chose to sell when the price fell below $ 3,000 and 5.8% chose to sell when the price fell below $ 1,000.

"Very proud that 72% of my followers are core con artists," Plan B commented on the results. “Bitcoin becomes $ million + or 'zero' and we drive it completely. Vision, belief, and patience are at the heart of this game. Even if there's only a 1% chance of $ 1 million BTC, it's worth it (option argument). "

Some people volunteer their reasons for peddling BTC even if the price goes down. “I am bullish on bitcoin. But even if it were close to zero, I would still struggle or buy more, it is an uncorrelated asset (hedge) for all my other investments/capital, "wrote one Twitter user. Another noted that when bitcoin became a" reserve. " global defacto, there is no reason to sell, only to use. "

Some argue that it is "very unlikely" that the price of bitcoin will not go up while others say they will "buy down," rake in cheap BTC if the price drops. At the time of this writing, the bitcoin price stands at $ 12,251.

Last month, gold flea Peter Schiff conducted a similar survey. "How much longer does a bitcoin price have to say below $ 10,000 before you give up and sell it?" Schiff asked his followers. Out of a total of 28,168 votes, 57.5% of respondents voted "I took him to my grave".

Investor confidence in the price of bitcoin has grown as evidenced by the two other polls conducted by Plan B, one in July and the other in August. In both polls, Plan B asked followers they think the price of bitcoin will hit before December this year. In July, 43% of respondents believed that the price would remain below $ 55,000, but in August only 30% believed that this was the case. Most of the respondents in the August poll believe that bitcoin prices will hit $ 288,000.

Meanwhile, more and more institutional investors are buying bitcoin. The Nasdaq-listed Microstrategy Company announced last week that it had purchased $ 250 million worth of bitcoin. Recently, the U.S. Office of the Currency Supervisory (OCC) clarified that national banks and federal savings associations are authorized to provide deposit services to customers.

Binance - Bank Transfer for Indonesian Users

noreply@blogger.com (Unknown) — Fri, 14 Aug 2020 11:22:00 +0000

Binance Adds a Bank Transfer Method for Indonesian Users Supported by Tokocrypto

In partnership with Tokocrypto, Binance has added a deposit and withdrawal method using local bank transfers via BIDR stable coins. All funds from this payment method will be converted into Rupiah-based Stablecoin (BIDR) automatically. It allows you to easily buy Bitcoin and trade with popular trading pairs such as: BTC / BIDR, ETH / BIDR, BNB / BIDR, BUSD / BIDR and USDT / BIDR.

How to deposit IDR

1. Click "Buy Crypto" in the navigation menu.
2. Select "Bank Deposit" and then select a bank. All banks are supported but there will be additional wire transfer fees if you are sending from a bank not selected.
3. Your balance will be converted to BIDR instantly.

How to withdraw IDR

1. Click "Wallet" —-> "Spot Wallet" in the navigation menu.
2. Click the "Withdraw" button
3. Select "Fiat" on the Withdrawal page. All banks are supported for this feature.
4. BIDR will be immediately withdrawn to your bank account.

What is BIDR?

Binance IDR (BIDR) is a BEP2 stablecoin pegged 1: 1 to Rupiah (IDR), which is simultaneously supported by Binance and Tokocrypto. Tokocrypto is the first regulated digital currency exchange in Indonesia, supported by the Binance Cloud.

Start buying BIDR with local bank transfer here.

Germany Highlights Vietnam as an Investment Destination

noreply@blogger.com (Unknown) — Fri, 14 Aug 2020 10:22:00 +0000

German newspapers highlighted Vietnam as an attractive investment destination

German cassette maker Tesa plans to build a EUR 55 million (65 million USD) factory in North Vietnam in a bid to expand production from 2023, according to German newspaper Handelsblatt.

Berlin - German cassette maker Tesa plans to build a EUR 55 million (65 million USD) factory in North Vietnam in a bid to expand production from 2023, according to German newspaper Handelsblatt.

In an article published on August 13, the newspaper said the coronavirus had shown how companies must face risks as supply chains depend on each country.

Therefore, Telsa is not alone in choosing Vietnam. In recent years, the Southeast Asian country has become a popular choice for companies looking to expand their production network in Asia.

Viruses are intensifying the trend, according to the article. ASEAN countries, including Vietnam, see themselves in a good position to capitalize on this trend.

The article cites an analysis by consulting firm BCG which says that Southeast Asia is moving towards the epicenter of globalization.

The trade volume between Southeast Asia and Europe and America is expected to increase by more than 20 billion USD by the end of 2023. Meanwhile, the movement of goods between Southeast Asia and China is expected to increase by more than 40 billion USD.

Vietnam, which has a population of around 100 million, is said to have excellent prospects for capitalizing on development.

The International Monetary Fund estimates that the country can expect economic growth of nearly 3 percent this year, the article said.

The EU-Vietnam Free Trade Agreement (EVFTA), which took effect from August 1, is the reason that makes Vietnam increasingly attractive to foreign investors.

The article said Marko Walde, Chief Representative of the German Chamber of Commerce and Industry in Vietnam, expressed confidence that Vietnam would not only become more attractive as an investment destination but would also be very important in the development of alternative supply chains.

Apart from Europe, Vietnam has joined countries such as Japan, Canada, and Mexico in the free trade area since 2018 through the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The country has also participated in the Regional Comprehensive Economic Partnership (RCEP) negotiations, including China and Australia. Another free trade agreement with the US is also being discussed.

Vietnam's openness to globalization has helped the country attract large companies.

Apple is moving about a third of its wireless headphone production to Vietnam. Meanwhile, Google and Microsoft have accelerated their plans to relocate part of their hardware production to the country. As for Samsung, Vietnam has been an important production location for years as more than half of its phones are made in factories in the country, the article said.

South Korean Banks Offering Crypto Services

noreply@blogger.com (Unknown) — Fri, 14 Aug 2020 09:58:00 +0000

Four of the Five Major South Korean Banks Offering Crypto Services

South Korea's Woori and Shinhan Banks have just announced their intention to introduce a "crypto-asset service". That means four of the country's top five banks, which have a combined value of more than $ 1.2 trillion in assets, are now ready to introduce crypto services.

Individual banks aim to hold and manage cryptocurrency for clients. Both Shinhan and Woori announced their plans in direct response to the amended Special Financial Transaction Information Act that will amend the law around crypto assets, which goes into effect next year.

Shinhan Bank previously announced a crypto deposit plan in 2017, but this plan was thwarted by the government in January 2018.

NH Nonghyup Bank and Kookmin Bank have coordinated blockchain teams to implement crypto custodial features, with Nonghyup being the most advanced and hoping to launch a service for "institutional investors" in the coming months.

Too little, too late?

Blockchain experts in the country have voiced concern that these steps are "too little, too late" by citing American institutions as being far ahead of the South Korean banking sector. Park Sung-Joon, head of the Blockchain Research Center at Dongguk University, said he was "worried" that the "competitiveness" of state finances could be threatened as a result:

“Other countries are moving very fast in this regard. But there is still no legal system in place in South Korea, so progress has been slower than expected. "

Without "institutional support," he suggests that this push for crypto custody may not result in widespread integration.

Korea loves crypto

Although the financial sector has been criticized for the slow adoption of blockchain technology, other industries have been faster integrating it into their solutions. More than 1 million people have adopted the new blockchain-based digital SIM application in just 3 months. One of the largest banks in South Korea KEB Hana Bank has partnered with the Korea Expressway Corporation to implement a blockchain-based toll system for the country's highways.

And news this week emerged that Seongnam's payment program will be expanded by issuing new digital gift certificates while beachgoers in Busan will be able to pay for services with Bitcoin (BTC) and Ethereum (ETH).

YAM Token Market Capitalization Drops Near Zero

noreply@blogger.com (Unknown) — Fri, 14 Aug 2020 09:48:00 +0000

Defi Burst: YAM Token Market Capitalization Drops Near Zero After Founder Claims He 'Failed'

Yield growers excited about the recent decentralized finance (DeFi) project, Yam Finance, got a rough resurgence after the token's value plunged to near zero. Developer Yam Finance discovered a major flaw in the rebasing contract and at 4 a.m. ET, co-founder Brock Elmore tweeted that he regrets having "failed."

On Wednesday, more than $ 500 million was funneled into the DeFi Yam Finance project. More than $ 120 million continued to flow after developers discovered a bug in the smart contract. After the bug announcement, the value of the YAM token dropped significantly as the token touched an all-time high of $ 167.66 per token. At the time of publication, tokens were only valued at $ 0.97 per YAM.

The token was launched on Tuesday and almost immediately a large amount of crypto was thrown onto the yield farming platform. The token is supposed to maintain its value in USD by using an elastic supply inspired by the Ampleforth DeFi project.

Many people complained that the codebase was not audited and raised flags for specific individuals in the community. The bugs found were terrible and resulted in additional YAM being printed during the rebasing period.

After the project developer realized the codebase couldn't be saved after trying to lock down 160,000 YAM, the developer found the smart contract was bullshit. In the early hours of the morning on Thursday, Yam Finance co-founder Brock Elmore tweeted about the situation. Elmore said:

"I'm sorry everyone. I failed. Thank you for the insane support today. I'm sick of sadness."

A number of well-known ETH supporters told Elmore the project was a good endeavor. "You're giving the community something unique to experiment with - thanks," tweeted Anthony Sassano.

The Yam Finance project is still one of the most trending conversations on social media and crypto-related forums. Crypto entrepreneur Bruce Fenton discussed the DeFi token situation on Thursday and said: "Your DeFi tokens are trash."

"They're not a good form of money," added Fenton. “You don't own the company. There is no right to income. There is no real income. The government is nothing without rights. Bullshit - often driven by the same comedians who got rich in ICOs. Few understand this. "

However, not everyone agrees with Fenton's observations regarding the DeFi token.

"There are no such corporate holdings as applicable to ANY utility token or 'coin currency'," Trustswap CEO Jeff Kirdeikis responded to Fenton's tweet. "You guard the gates of what 'has value' here by saying only security tokens have value? General. Owning BTC also doesn't give you ownership in the company or income… A lot of people understand this," added Kirdeikis.

Remember: Any information you read about YAM proposals or actions should be verified through posts by @yamfinance on Twitter and Medium. If and when we support other channels such as Discord, this post will be updated with the relevant links.

ETC Group Bitcoin ETP Hits $49 Million Assets

noreply@blogger.com (Unknown) — Fri, 14 Aug 2020 09:29:00 +0000

ETC Group Bitcoin ETP Hits $49 Million Assets Under Management in Two Months

The Etc Group said Wednesday that its centrally opened bitcoin exchange (ETP) exchange-traded products have accumulated up to $ 49 million in assets under management since launching on June 18, 2020.

The contract, known as Bitcoin Exchange Traded Crypto (BTCE), tracks the price of BTC and is 100% physically backed by the cryptocurrency.

It started trading on the electronic trading market Xetra Deutsche Börse in June with a total cost ratio of 2% - a measure of the total cost of funds to investors.

According to the Etc Group, a London-based financial services company, Btce was the most traded non-leveraged asset in the Xetra exchange-traded notes segment in July, with a volume of over $ 67 million.

"Btce has been popular with both experienced crypto traders ... as well as attracting a whole new community of investors who appreciate its centrally cleared and exchange-traded characteristics," said Andre Voinea, director of Hanetf, in an emailed statement.

Hanetf is a private issuer of EU-approved exchange-traded funds. BTce is distributed and marketed on the corporate platform. Voinea added:

"The Caliber of Official Participants supporting liquidity at Btce demonstrates how bitcoin has matured into a significant and serious institutional asset. By centralizing the previously fragmented Bitcoin liquidity at Xetra, we are bringing a time-tested product structure to a new asset class along with the same regulatory protections. to purchase other listed securities. "

One Btce is equivalent to 0.001 bitcoin, less cost, Etc Group says, allowing the holder of each unit of its derivatives to claim a specific amount of bitcoins. These assets can be redeemed in BTC or cash.

The company states that for each ETP unit, "there is bitcoin stored in a regulated institutional level safe" - identified as the Bitgo Trust Company. Products like these are key to introducing retail investors who might be risk-averse to bitcoin.

Analyst Peter Brandt Scorns at XRP Bag Holder

noreply@blogger.com (Unknown) — Sat, 25 Jul 2020 18:38:00 +0000

Veteran Analyst Peter Brandt Scorns 'XRP's Bag Holder,' Compares Ripple to the Fed

A large number of digital currency investors believe in XRP, the fourth largest crypto capital based on market capitalization will be a bridge between banks and cryptocurrency. As many other crypto enthusiasts hate XRP and think that the ledgers distributed are highly centralized.

Veteran trader Peter Brandt tapped the XRP digital currency and compared the crypto token Ripple to the US Federal Reserve.

Brandt said he believed the company behind the coins would double the supply of tokens, and he did not understand why "smart people" drank "XRP-Kool-aide."

Although in a technical way, XRP has an outstanding supply of 44 billion tokens each valued at $ 0.20. The token value is much higher than the original five years of existence when traded with less than one US cent during much of that period.

On July 23, veteran trader Peter Brandt discussed XRP with a large number of digital currency lovers. Brandt is a well-known trader who shares financial analysis and charts on Twitter in a routine manner. He made as many predictions and this analyst has more than 364,000 Twitter followers today.

Many crypto enthusiasts followed Brandt because he was bullish about Ethereum (ETH) and Bitcoin (BTC) and on July 8, veteran traders said there were "significant breakthroughs in ETH-BTC." Brandt further noted that the majority of Alts must find bitcoin in the near future. "Even the founder of Adamant Capital, Tuur Demeester seems to agree with Brandt's assessment.

The discussion that took place Thursday on Twitter was related to XRP crypto capital when someone talked about "XRP Army shills" and certain trading techniques. Brandt joined in his conversation and comments about XRP equating crypto capital with the US dollar, and comparing the Ripple company with the US Federal Reserve.

"XRP can be compared to USD," Brandt tweeted. "The Fed is a holder of USD pockets - they can double supply if they want." Financial analysts further write:

Ripple is where XRP bags are - and WILL double supply. I can't believe the number of smart ppl who drink Kool-aide XRP.

Of course, members of the XRP Army didn't care about Brandt's comment after he tapped the crypto assets and the Ripple company. One person claims that the lack of knowledge of Brandt coding means that his opinion must be dismissed.

"Do you know anything about codes?" asking for a Twitter account is clearly annoyed about Brandt's XRP comments. "This is absolutely impossible. It's a shame that people who don't understand have so many followers. "

After being harassed by the XRP Army about his recent statement, Brandt further criticized followers of crypto coins. "Some things never change - I remember the wrath I received when I said baby beanies, hula hoops, and pet stones would not be a global asset class. Some neighbors haven't talked to me for years, "Brandt answered. Financial analysts continue with tweeting:

They were so angry because deep down they knew I was right. They are the most rabbis of all devotees.

At the time of writing, XRP exchanged $ 0.203 per coin and dropped 1.3% during the last 24 hours of trading. The last 30 days showed XRP up 11.42%, 90 days of tokens up 8.6%, but for this year coins fell 34%.

Not long ago XRP was a strong crypto competitor, but since the tether (USDT) began to shine brightly, the tokens have lost significant momentum. Tether has surpassed XRP by the size of its market capitalization and USDT has seen more settlement lately.

Blockchain Project Avalanche Raises $42 Million Dollars

noreply@blogger.com (Unknown) — Fri, 24 Jul 2020 18:28:00 +0000

Build the Internet of Finance

Avalanche is an open-source platform for launching highly decentralized applications, new financial primitives, and new interoperable blockchains.

Avalanche Blockchain project raised $ 42 million in sales of public tokens

The Avalanche Blockchain project, spearheaded by computer science professor Cornell Emin Gün Sirer, raised $ 42 million in public token sales last week.

The amount was collected in less than 4.5 hours on July 15, AVA Labs announced on Wednesday. There are 72 million Avalanche tokens (AVAX) available for sale, and investors from 100 countries reach all of them. Some funds also come from Genesis Ethereum addresses.

"It's clear that the market really wants a project of this caliber," said John Wu, president of Ava Labs. "The success and speed of the Avalanche sale is a testament to the quality of our project and its impact on institutional finance and decentralization."

The funds have been collected by the Avalanche Foundation and its affiliates. AVAX tokens will be distributed to investors when the Avalanche mainnet is launched, which is expected to air at the end of August.

The token is not currently listed on any crypto exchange, but will be available for trading in the future, AVA Labs said.

The sale of public tokens brought the total amount of AVA funds to date to $ 60 million. Last month, the project raised $ 12 million in private token sales and previously raised $ 6 million from leading venture companies, including Andreessen Horowitz (a16z).

The AVA network claims to outperform Ethereum 2.0 when it is launched. Sirer recently told The Block that the network will be able to achieve not only a higher throughput (the number of transactions a network can process per second) but also lower latency (the time needed for a node to agree that a transaction is valid).

TOKEN SALE: 15 JUL – 15 JUL

Ticker : AVAX
Token type : OWN BLOCKCHAIN
ICO Token Price : 1 AVAX = 0.50 USD
Fundraising Goal : $9,450,000
Total Tokens : 720,000,000
Available for Token Sale: 4.72%

Warning! Digital Asset Trading is a high-risk activity. Digital Asset Prices are very volatile, where prices can change significantly over time. Please use extra consideration in making the decision to buy or sell Digital Assets. Coin Crypto Asia does not force users to buy or sell Digital Assets, as investments, or for profit. All Digital Asset trading decisions are independent decisions by users.

Extons - The New Evolution Of Exchange Cryptocurrency Exchange

noreply@blogger.com (Unknown) — Wed, 22 Jul 2020 16:53:00 +0000

Extons - Secure Cryptocurrency Trading Platform With Fiat

Cryptocurrency is a digital currency that goes through a process of making encryption techniques and is managed by a peer to peer network.

Today there are thousands of cryptocurrencies that exist and circulate around the world. One of the most famous types of cryptocurrency is bitcoin. Bitcoin is the strongest digital currency in the world today with a value of thousands of dollars per Bitcoin.

Besides Bitcoin, there are several other digital currencies that have their own advantages, one of which is Tron. Tron as one of the digital platforms that provide smart contract services.

Thisoption (TONS) - TRC20 which is part of the Tron smart contract. TONS is used as a payment method in the Thisoption Ecosystem issued by Thisoption Limited on the TRON network.

About Exstons

Extons is the best crypto trade, with multiple security so that it gives security to user assets. Extons introduces the best digital multi-currency support such as Bitcoin, Ethereum, USDT, Tron, and others.

Extons presentations provide 24-hour online user services to ensure users operate smoothly with transactions, not inferior to other large markets.

Apart from that, Exstons transaction fees are also very low, so users don't need to think about transaction fees. In contrast to exchanges in general, which consumes transaction costs is quite high.

Multi-currency Support

Continually introducing and registering quality digital currencies from around the world, giving users various types of transaction services in most digital currencies.

User Experience

We provide 24/7 online customer service to ensure smooth operations for every user transaction.

High Liquidity

With a built-in market maker machine that even meets Wall Street industry standards, create a model analysis based on more than 250 market parameters and provide 25/7 continuous support with high liquidity.

Safe and stable

We carry out multimodular structures that meet the requirements of the logical structure of IT supervision in the financial industry, which ensures the stable operation of our systems. The front and back designs, together with multi-node and multimodular deployments, increase our capacity and thus provide better services for our customers.

Current Block Information

Thisoption (TONS) - TRC20 which is part of the Tron smart contract. TONS is used as a payment method in the Thisoption Ecosystem issued by Thisoption Limited on the TRON network.

BLOCK 18

Current Block : 18
Current Price : $0.37
Next Block Price : $0.38
Next Block Supply : 810,000 TONS
Total Supply for Saving : 81,000,000.00
Total Remaining Supply : 66,423,100.00

SAVING PACKAGES

SMALL

Savings
- You will get : 650 TONS

Benefit
- Profit/Month : 1.00 %
- Profit TONS/Day : 0.21667 TONS
- Profit TONS/Month : 6.50 TONS
- Profit TONS/Year : 79.08 TONS
- Inital Payment/Month : 5.00 %
- Inital TONS/Month : 32 TONS

Minimum balance required
- Value BTC : 0.02576064 BTC
- Or Value ETH : 0.98628592 ETH
- Or Value USD : 240.5 USD

MEDIUM

Savings
- You will get : 1,250 TONS

Benefit
- Profit/Month : 2.00 %
- Profit TONS/Day : 0.83333 TONS
- Profit TONS/Month : 25.00 TONS
- Profit TONS/Year : 304.17 TONS
- Inital Payment/Month : 5.00 %
- Inital TONS/Month : 62 TONS

Minimum balance required
- Value BTC : 0.04953970 BTC
- Or Value ETH : 1.89670370 ETH
- Or Value USD : 462.5 USD

STARTUP

Savings
- You will get : 2,500 TONS

Benefit
- Profit/Month : 3.00 %
- Profit TONS/Day : 2.5000 TONS
- Profit TONS/Month : 75.00 TONS
- Profit TONS/Year : 912.50 TONS
- Inital Payment/Month : 5.00 %
- Inital TONS/Month : 125 TONS

Minimum balance required
- Value BTC : 0.09907939 BTC
- Or Value ETH : 3.79340739 ETH
- Or Value USD : 925.0 USD

PERSONAL

Savings
- You will get : 5,000 TONS

Benefit
- Profit/Month : 4.00 %
- Profit TONS/Day : 6.66667 TONS
- Profit TONS/Month : 200.00 TONS
- Profit TONS/Year : 2433.33 TONS
- Inital Payment/Month : 6.00 %
- Inital TONS/Month : 300 TONS

Minimum balance required
- Value BTC : 0.19815878 BTC
- Or Value ETH : 7.58681479 ETH
- Or Value USD : 1,850.0 USD

INVESTORS

Savings
- You will get : 10,000 TONS

Benefit
- Profit/Month : 5.00 %
- Profit TONS/Day : 16.66667 TONS
- Profit TONS/Month : 500.00 TONS
- Profit TONS/Year : 6083.33 TONS
- Inital Payment/Month : 7.00 %
- Inital TONS/Month : 700 TONS

Minimum balance required
- Value BTC : 0.39631757 BTC
- Or Value ETH : 15.17362957 ETH
- Or Value USD : 3,700.0 USD

BUSINESS

Savings
- You will get : 25,000 TONS

Benefit
- Profit/Month : 6.00 %
- Profit TONS/Day : 50.0000 TONS
- Profit TONS/Month : 1500.00 TONS
- Profit TONS/Year : 18250.00 TONS
- Inital Payment/Month : 8.00 %
- Inital TONS/Month : 2000 TONS

Minimum balance required
- Value BTC : 0.99079392 BTC
- Or Value ETH : 37.93407393 ETH
- Or Value USD : 9,250.0 USD

ENTERPRISE

Savings
- You will get : 50,000 TONS

Benefit
- Profit/Month : 7.00 %
- Profit TONS/Day : 116.66666 TONS
- Profit TONS/Month : 3500.00 TONS
- Profit TONS/Year : 42583.33 TONS
- Inital Payment/Month : 9.00 %
- Inital TONS/Month : 4500 TONS

Minimum balance required
- Value BTC : 1.98158784 BTC
- Or Value ETH : 75.86814787 ETH
- Or Value USD : 18,500.0 USD

E-COMMERCE

Savings
- You will get : 100,000 TONS

Benefit
- Profit/Month : 8.00 %
- Profit TONS/Day : 266.66667 TONS
- Profit TONS/Month : 8000.00 TONS
- Profit TONS/Year : 97333.33 TONS
- Inital Payment/Month : 10.0 %
- Inital TONS/Month : 10000 TONS

Minimum balance required
- Value BTC : 3.96317567 BTC
- Or Value ETH : 151.73629574 ETH
- Or Value USD : 37,000.0 USD

SUPER E-COMMERCE

Savings
- You will get : 200,000 TONS

Benefit
- Profit/Month : 9.00 %
- Profit TONS/Day : 600.0000 TONS
- Profit TONS/Month : 18000.00 TONS
- Profit TONS/Year : 219000.00 TONS
- Inital Payment/Month : 10.0 %
- Inital TONS/Month : 20000 TONS

Minimum balance required
- Value BTC : 7.92635134 BTC
- Or Value ETH : 303.47259148 ETH
- Or Value USD : 74,000.0 USD

Binary Option Platform

Our Live Managers will help you to succeed

Register and get a Gift!
Fund your Trading Account!
Predict the market direction and earn!

Our Advantages

Live video chat support 24/7
Guaranteed withdrawals processing within 1 hour
Possibility to trade over weekends
Wide range of funding and withdrawals methods
100% secured trading with the data protection

Official Sites:

Website : https://www.extons.io/

Website : https://thisoption.com/

Website : https://www.extons.io/saving

Medium : https://medium.com/@thisoption.com

Twitter : https://twitter.com/thisoption

Telegram : https://t.me/thisoption

UID: 928448

iBid - Decentralized Ascending Auctions on Blockchain

noreply@blogger.com (Unknown) — Tue, 21 Jul 2020 15:37:00 +0000

IBid Create a Platform For Auctioning Through Blockchain Technology That Will In Real-time.

IBid will create a platform for auctioning through blockchain technology that will in real-time, so take steps and help the auction sector to innovate and enter once in this modality because the iBid blockchain platform will hold a fully decentralized auction with iBid intending to transform it. the bidding process is as fair and transparent as possible.

Introduction iBid Project.

IBid will create a platform for auctioning through blockchain technology that will in real-time, so take steps and help the auction sector to innovate and enter once in this modality because the iBid blockchain platform will hold a fully decentralized auction with iBid which intends to transform the bidding process into a fair and fair as transparent as possible because the bidding parties will also be able to oversee the auction process openly and be accessible to everyone who gives greater confidence and credibility to the process as a whole on the blockchain platform.

iBid will contribute to the authenticity and security of bid data that will be guaranteed, as a global platform for trade and service databases, iBid will have almost zero transaction costs worldwide so that the whole process is guaranteed with the minimum possible expenditure for all through the original currency. iBid will become the main form of payment through the iBid ecosystem because the iBid ecosystem intends to create platforms in the field of decentralized applications (DApps), such as Ethereum and Cardano and overtime in the market as a whole so that the commercial network.

iBid through its services on a global scale anyone will be able to exchange financial values directly with listings, transactions and service fees, from large companies such as Airbnb, Craigslist, Postmates, in an easy and very profitable way, for all individual buyers and retailers as all through the exchange of financial and strategic values with the internal aggregation of customer data and similar business transactions for the entire iBid ecosystem will facilitate iBid credibility.

So iBid creates new financial value for all market participants who can contribute to the development of the platform by building new technologies for the iBid platform and introducing new users and businesses every time the platform innovates with the possibility, through open, distributed and shared data to promote it so iBid creates New financial value for all market participants who can contribute to the development of the platform by building new technologies for the iBid platform and introducing new users and businesses every time the platform is always innovating.

iBid creates new financial value for all market participants who can contribute to the development of the platform by building new technologies for the iBid platform and introducing new users and businesses every time the platform is always innovating.

IBid Project Features

iBid operates on a decentralized platform, users have the right to register their products - services or DApps on the iBid Blockchain platform.

Individuals who contribute to the iBid ecosystem such as token holders will benefit according to their dedication to the company.

iBid functions as a non-profit model, so platform contributors will benefit from the iBid ecosystem development fund for awards.

iBid has a diverse digital asset ecosystem, full of various forms: Decentralized Exchange, Decentralized Gaming, DAPP, Wallet, P2P Lending, iBid Privacy, Auctions on the blockchain, etc.

As a token holder, everyone will be able to benefit adequately from their dedication to the company, so the non-profit model for all platform employees benefit from the iBid ecosystem development fund continuously and profitably because iBid will become a popular auction site which in turn aims to offer to all consumers the opportunity to obtain branded goods at low prices piecemeal from retail prices gradually and expressively.

all consumers will pay upfront a number of intangible "offers" and then spend them on "auctions" that will be held every day, hoping to win the products offered at a big discount and are very profitable because iBid will continue to announce to all consumers that they will be able to save up to 90%, or more.

The iBid platform currency will be generated for a period of 10 years, according to the team, it will be generated with 16% in the first year, 29% in 4 years and 61% in 5 years making a total of 100,000,000 iBid Coin.

Voting will allow the list of DApps, products, and services in the iBid ecosystem, all will have the right to decide which iBid will sponsor and reject the project, in a transparent way everyone will be able to exchange values in the iBid ecosystem, Create and maintain an internal and individual economy will be one of the most important IBID token tasks because the iBid token will be used as a fee gateway for everyone.

MISSION of the iBid Auction

Offers to get your favorite items at very cheap prices by auctioning the iBid Platform. Build platforms for real-time auctions, ride blockchain. iBid - a decentralized blockchain auction will change the bidding process, to be fair and transparent because the bidding party can also oversee the auction process.

The total supply market capitalization

The size of the real-time global supply market (RTB) will grow at a compound annual growth rate (CAGR) of 32.9% over the forecast period. MarketsandMarkets estimates that the size of the global RTB market will grow from USD 6.6 billion in 2019 to USD 27.2 billion in 2024, with a CAGR of 32.9% over 2019-2024.

The main growth factors for the market include a rapid increase in the number of smartphone users, and a focus on improving campaign performance and increasing RoI.

CHOOSE YOUR PACKAGES

iBid offers investors a wide variety of investment plans, helps you to experience the greatest and most suitable for your financial capacities.

ARE YOU READY TO MAKE THE DEAL?

START NOW

App Store Google Play

Welcome to iBid Global

Official Sites!
Website : https://www.ibidtowin.co/
Telegram channel: https://t.me/ibidtowin_com
Telegram group : https://t.me/ibidtowin_co

Warning! Digital Asset Trading is a high-risk activity. Digital Asset Prices are very volatile, where prices can change significantly over time. Please use extra consideration in making the decision to buy or sell Digital Assets. Coin Crypto Asia does not force users to buy or sell Digital Assets, as investments, or for profit. All Digital Asset trading decisions are independent decisions by users.

Free! Withdrawal Fees for USDT and USDC

noreply@blogger.com (Unknown) — Sat, 18 Jul 2020 08:38:00 +0000

Free Withdrawal Fees For USDC & USDT Extended

Indodax announced that the free withdraw fee program for stable coins USDC (USDC) and Tether (USDT) will be extended until Monday 28 September 2020 at 12.00 WIB.

What is Indodax?

Indodax is the largest crypto asset marketplace in Indonesia. With more than 2 million verified members, you can buy and sell crypto assets such as Bitcoin, Ethereum, Ripple, and dozens of other assets easily and safely. Join now and get profit by trading on Indodax!

Read! Buy Your Bitcoin on Bitcoin.co.id

About USDC

USDC is an ERC-20 token that allows users to make payments, loans, investments, and trades. Ecosystems will grow as other fiat tokens are added. A transparent and open-source framework can be used fiat to interact with smart contracts.

About USDT

USDT is a digital token that provides decentralized methods for individuals and organizations using accounting units. USDT uses the Bitcoin blockchain to ensure that tokens that are issued are completely safe.

If you have further questions, please contact support@indodax.com or through our Call Center 021-50525588

Greetings Member,
Indonesia Bitcoin & Crypto Asset Exchange

PepsiCo Cuts AnalysisTime by Up to 90% with Tableau + Trifacta

noreply@blogger.com (Unknown) — Sat, 18 Jul 2020 06:50:00 +0000

PepsiCo cuts analysis time by 90% with Tableau + Trifacta

Consumers enjoy PepsiCo products one billion times a day in more than 200 countries and regions throughout the world. To understand data from retail customers, PepsiCo adopted Tableau and reduced report production time by 90%. Using Trifacta, the CPFR team disputed the different data, pulling it to Tableau for estimates and analysis - reducing the time to end of the PepsiCo analysis process by 70% and reporting production time by 90%. With faster, more accurate reporting, PepsiCo has a competitive advantage in the retail space and provides customers with best-in-class service.

Searching for a single source of truth

PepsiCo customers give them reports that include warehouse inventory, store inventory, and point of sale inventory. PepsiCo reconciles this data with their own shipping history, production figures, and forecast data. Each customer has their own data standards, which are not interconnected (let alone the PepsiCo system). For example, PepsiCo relies on UPC codes to identify each product, while customers create their own internal numbers.

Dealing with this data problem is a challenge and the report can take months to produce. Analysts know that their ability to quickly standardize data at all retailers - and speak the same language as their customers - is very important to prepare data faster for their estimation and planning efforts.

Poking around the sales forecast is fast enough for management to direct the course of the sale is another challenge. Each new report requires CPFR team analysts to create a tool in Microsoft Access that combines retailer sales data and PepsiCo inventory data; a process that can take up to six months.

The team mainly relied on Excel for analysis, making large amounts of messy data. And the team does not have an efficient way to find errors, which leads to potentially expensive results. For example, products missing from a report can lead to inaccurate estimates and lost revenue.

The CPFR team needs a way to handle large amounts of different data. At the same time, the team needs a visual analysis tool that can help them maximize PepsiCo data.

Find the right solution for better data

To bring coherence to the data, PepsiCo turned to Tableau partner, Trifacta.

For greater efficiency and scale, PepsiCo applies Hortonworks Hadoop as a landing and staging environment for this diverse data. Now the report runs directly on Hadoop, without involving a few steps with the Access and PepsiCo servers. This process allows the analyst to directly manipulate data using Trifacta.

Tableau gives PepsiCo the final step: powerful analysis and visualization, helping businesses understand the volume of data. PepsiCo analysts share Tableau workbooks that are relevant to management on Tableau Server.

Strong results with Trifacta + Tableau

The combined use of Tableau and Trifacta helps the CPFR team advance the business, increasing visibility into customer orders. The ability of Trifacta's visual profile and Tableau's advanced visual analysis allow the team to easily identify gaps and overcome larger problems.

Trifacta integrates natively with Tableau Data Extracts (TDE), allowing PepsiCo analysts to transition seamlessly between the two technologies. PepsiCo brings Tableau data extracts to Tableau Desktop, enabling them to maintain performance on big data.

The combination of the strength of the Trifacta data dispute and the analytical depth of Tableau enables PepsiCo to streamline the process. This dramatically reduces the time spent on data preparation and improves overall data quality. Normalized data in Trifacta helps capture errors and deficiencies in the data. And with Tableau, PepsiCo can easily find outlaws and take action. If problems arise, they can correct errors before causing bigger problems downstream.

Conducting data analysis with Tableau using Trifacta normalized data has reduced the run-to-end time of PepsiCo analysis by as much as 70%. The ability to reproduce patterns makes building CPFR tools a more efficient and automatic process.

PepsiCo now spends less time preparing data, and more time finding insights. Mike Riegling, Supply Chain Data Analyst at PepsiCo, said, "Now we don't take the time to combine data; we spend time analyzing data, telling stories, and finding problems."

Building these reports in Tableau reduced production time by 90%, and the visualization used up to six months to build is now ready in one day.

At Tableau Desktop, PepsiCo analyzes inventory, logistics, and financial data from all over the country. Bringing data to Tableau Desktop enables PepsiCo to understand big data and empower analysts to create supply chains and forecast reports in a short amount of time.

Analysts refine data to answer questions, see trends, and plan for future demand - saving the company money. The IT department publishes TDE to Tableau Server, encourages collaboration between teams - and enables self-service analytics on a large scale.

Gaining insight from customer data faster than ever before has improved the PepsiCo process to offer its customers best-in-class service. This also gives PepsiCo a huge competitive advantage compared to other CPG businesses.

PepsiCo can now predict trends, adjust sales, and ultimately sell more of the right products to increase their profits. Riegling commented, "We can change customer data and present it to our entire company, in a way that everyone can understand, faster than our competitors." Sources: https://www.tableau.com/