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South Korean Startups Push for Blockchain Adoption in Medical Sector

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Blockchain technology can make a big impact in various industries. Outside of the financial sector, a few options are being explored right now. The medical industry, for example, can benefit from distributed ledgers as well. South Korean startups are pushing hard to bring healthcare and blockchain together in the years to come.

South Korea Promotes Blockchain

Most people know South Korea plays a big role in the cryptocurrency world. It’s local exchanges generate a lot of volume for Bitcoin and altcoins every single day. A little unknown fact is how various startups in the country are looking to embrace blockchain technology as well. Not necessarily in the financial sector, but rather in the medical industry. A lot of different blockchain-based services are in development as of right now.

In terms of recordkeeping, a distributed ledger makes a lot of sense. It provides an immutable record of information which is not subject to a central point of failure. This is why XBLOCK SYSTEMS is working on a medical proof application service. This solution will issue these medical documents through public key infrastructure on a distributed ledger. The firm is confident they can make this entire business model more streamlined and efficient by embracing this method.

Other companies are exploring different avenues in the medical sector. Ranging from reward programs to follow-up management solutions and open platforms for medical information, they are all being looked at by South Korean startups. Competition in this space will ultimately benefit the consumer and healthcare professionals alike. More importantly, it appears a wide range of services is being created at this time.

The Medical Sector Needs an Upgrade

Over the past few years it has become evident the medical sector needs a technology upgrade. With record keeping still being done on paper, for the most part, this industry hasn’t entered the 21st century in full. Additionally, there are multiple central points of failure to contend with. These issues allow for data breaches, successful malware attacks, and so forth. Blockchain technology can solve a lot of those problems if companies develop the right solutions. A South Korean spokesperson explains:

“The medical and healthcare sectors have had the structure in which the public have no access to information. However, the blockchain technology now allows the public to review information more easily and safely. The new era where individuals can ultimately manage medical information instead of hospitals or medical organizations is expected to begin.”

With South Korea setting this precedent, other countries may follow its example. Blockchain is an innovative form of technology which opens up a lot of new opportunities. At the same time, the technology needs to be scalable, transparent, and still offer privacy up to a certain extent. Getting that balance just right for the medical sector will be challenging. Even so, the South Korean startups are confident they can bring a lot of value to this industry moving forward.

 

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Blockchain

VeChain ToolChain Powers Producers Market To Onboard U.S. Seafood Import Platform KnowSeafood

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VeChain

Challenges and opportunities posed by the pandemic are reacting in real time to consumers’ needs in the food sector. For the purpose of facilitating fresh, reliable supply of seafood in the U.S. marketplace, KnowSeafood announced its implementation of Producers Market’s powerful transparency application, StoryBird, powered by VeChain ToolChainTM. Through the Storybird application, KnowSeafood customers will be able to trace their sustainably harvested seafood transparently from catch to plate.

Americans spend $102 billion each year on seafood. However, according to the U.S. Department of Agriculture (USDA), about 80-90% of U.S. consumers still did not meet their seafood consumption recommendation generally due to the mislabelling of imported seafood products and unfamiliarity with preparation methods. It is further proven by the Food Marketing Institute’s first-ever Power of Seafood survey that half of the interviewed U.S. shoppers wanted more information on quality and freshness. The FDA also published guidelines and advice for consumers to acquire safe seafood, advising customers to look for the label containing information on where the fish was harvested, processed and certifications. This compels producers to improve their transparency.

As the coronavirus pandemic is closing or limiting restaurants in America, the consumers’ behaviors shifted to their own kitchen, boosting seafood to be the fastest growing supermarket category during the last week of May 2020 and supermarket sales have continued to surge through July 2020, which brings increasing demand on reliably sourced seafood.

To combat seafood fraud and supply chain shakeups, KnowSeafood chooses VeChain ToolChainTM to enhance its strategy of directly connecting farmers with consumers using blockchain technology.

VeChain ToolChainTM Secures and Enables Food Safety

As the world’s leading enterprise-friendly public blockchain platform, VeChain provides the market ready one-stop data BaaS platform VeChain ToolChainTM, which allows blockchain technology to be deployed with the fastest lead time compared with any other platform in the industry.

By using the user friendly templates built into VeChain ToolChainTM, local seafood farmers can easily upload harvesting, processing and shipping information onto the VeChainThor Blockchain, which later integrates with the StoryBird data visibility module to be presented publicly for the end users to validate product origin and trace logistics of delivery. The deployment of blockchain ultimately bridges key knowledge gaps between all stakeholders in the trade.

Starting from Q4 in 2020, multiple seafood categories on the KnowSeafood platform will be traced by VeChain ToolChainTM ,including Norwegian Salmon, North Atlantic Haddock, Peruvian Mahi-Mahi, New England Sea Scallops, Maine Lobster, and many more global species.

Daniel McQuade, Co-Founder and CEO of KnowSeafood stated, “Our groundbreaking experience working with blockchain has proven to us how powerful a solution it is to traceability and sustainability. The American consumer is demanding the kind of transparency and provenance that blockchain technology delivers. In working with VeChain and the Storybird application, we are bringing our customers the best technology in the market to have immutable trust in seafood from our KnowSeafood online marketplace.

Sunny Lu, the Co-Founder and CEO of VeChain, said, “Statistics have shown that in Q2 2020, $1 of every $5 spent by U.S. consumers came from online orders. Dramatic increases in spending can be found for online grocers, food delivery, meal kits, and more. There will be surging growth in the e-commerce food sector and VeChain will be happy to be part of the emerging new business scenario, starting from the seafood sector.”

With the growing demand for authentic and premium food products, there is a great potential for VeChain ToolChain™ to power more Producers Markets partnerships in the future.

About VeChain

As the world’s leading enterprise friendly blockchain company, VeChain began in 2015 and aims to connect blockchain technology to the real world by providing enterprises with blockchain solutions suitable for their business needs and to build a trust-free and distributed business ecosystem platform for business value. With VeChain ToolChain™, a low-code blockchain SaaS platform, VeChain will continue to promote the large-scale application of blockchain technology, help enterprise clients in digitalization transformation, and eventually realize the long-term vision of enabling the real economy.

VeChain is the pioneer of real-world business applications, with international operations in Singapore, Luxembourg, Japan, China, France, Italy and the United States. With strong independent development capabilities, and the professional compliance guidance of our strategic partners, PwC (one of the world’s top four accounting firms) and DNV GL (a leading global assessment and certification society), VeChain has established partnerships with many leading enterprises in various industries, including Walmart China, Bayer China, BMW, BYD Auto, PICC, H&M Group, Shanghai Gas, LVMH, D.I.G etc.

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BitLeague Introduces Bitcoin-Backed Loan Services

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Bitleague

BitLeague, the top digital currency financial services platform, announced today that it would provide crypto-based USD loan services. Through DigitAmex LLC, its lending arm (US licensed), BitLeague will offer industry leading bitcoin-backed loans to clients. Cryptocurrency investors will be able to borrow from 3.99% APR without selling their bitcoin holdings on www.bitleague.com or via the BitLeague App. The loan rate will be adjusted based on term, loan to value ratio, etc.

“This is a new milestone for our business. Our clients have enjoyed our zero-commission bitcoin trading service, and now, they can get loans from us at a very competitive rate without selling their bitcoin investment,” said Yifeng Mao, founder of BitLeague. “We see a substantial demand from clients for this essential product. Having received our Lending License from California, this bitcoin-backed loan service will be rolled out from this market and we hope to cover the entire US in the short to medium term.”

About BitLeague

BitLeague LLC is registered in Delaware, with offices in Palo Alto and New Jersey, offering one-stop crypto financial services globally. BitLeague is dedicated to providing clients with seamless services including Bitcoin Term Deposits, ZERO commission bitcoin trading services and Bitcoin backed loans.

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Blockchain Labs Introduces InfraBlockchain – the Blockchain Solution for Governments and Enterprises

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Blockchain

Blockchain Labs announced the launch of InfraBlockchain, highlighting its implementation flexibility to provide both a stable public blockchain and a scalable permissioned blockchain. The announcement gives a promising outlook into creating more blockchain-powered services in the real world.

According to Blockchain Labs, InfraBlockchain’s patented consensus mechanism makes it possible to design the network as a permissioned blockchain for internal uses, a consortium blockchain for limited group uses, or a completely public blockchain that openly invites anyone to participate. Furthermore, because of its consensus mechanism, InfraBlockchain supports a flexible transition from one network design to another, even after the network is up and running. In order to solve the blockchain technology’s innate problem of all data being recorded and shared publicly, InfraBlockchain also offers a selective anonymity feature that safely shields sensitive data, such as personal information, while maintaining the level of data integrity that only the blockchain technology can provide. Most importantly, InfraBlockchain was designed from the beginning to not involve any cryptocurrency (such as Bitcoin, Ethereum, Ripple, etc.). This is a celebratory news for many public sectors and enterprises, who were interested in the blockchain technology but were concerned about regulatory and accounting issues traditionally related to cryptocurrencies.

Since 2016, Blockchain Labs has been providing blockchain solutions to many services including Yosemite Card (a fee-less payment service for UC Berkeley students and local businesses in Berkeley, California), Godivart (an online artwork trading platform), and Comake (blockchain-based eContract service), to make the novel technology more widely accepted and used. However, recognizing the limitations of existing technologies, Blockchain Labs developed its own InfraBlockchain to address the technical problems that hindered blockchain’s mass adoption.

Conrad Um, the CEO of Blockchain Labs, commented, “The blockchain technology has a lot of characteristics similar to that of our society’s infrastructures, like roads and power grids. To build such underlying service platform that can benefit the countless number of users, it would require initial investment of time, money, and social consensus before we can see the technology’s effectiveness. However, just as other infrastructures in our society do, InfraBlockchain will greatly benefit businesses and organizations across all industries – starting with reducing the database management cost.”

Recently, Blockchain Labs was selected as the blockchain partner for the South Korean national government’s new project to develop a blockchain-based management and tracking system for a medical hemp production. Already having supplied the blockchain solution for RV-sharing platform for Seoul City earlier this year, Blockchain Labs looks to continue its expansion to bring more blockchain-based services.

ABOUT BLOCKCHAIN LABS

Blockchain Labs – based in Seoul, South Korea – is a parent company of California-based Yosemite X, and helps clients across the globe to reinvigorate existing products or power new business offerings using its patented blockchain technology. For more information about Blockchain Labs, please visit infrablockchain.com

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CoinAd.media has Launched Marketplace for Ad Crypto Services

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CoinAd.media

CoinAd.media has launched a crypto service Marketplace that provides solutions for any advertising and marketing tasks; focused on the cryptocurrency and blockchain market niches. Typical challenges and problems shall be eliminated instantly by connecting publishers and advertisers in the industry on a common platform designed to meet their needs.

Being in the market for three years we at CoinAd.media have studied requirements of the advertisers well enough, that is why we have collected in our Marketplace the most popular and requested crypto services.

For example, right now you can buy the News Distribution to Crypto Websites service with one click and select the site where you want to publish your PR story, news, article, press release or review. Immediately after payment, your PR story gets to the publisher, who will instantly publish it on its website.

The Marketplace offers you many discount packages for banner advertising at CoinAD.media. These discount packages will save your money in the present challenging time for business.

CoinAD.media – Crypto Advertising Network. Trusted by more than 170+ crypto related websites. Audience 100% Crypto! Create your ads using our advertising platform and generate top quality leads to your websites from our enormous publisher network.

Various options of Banner Discount Packages + News Distribution to Crypto Websites are also available in the marketplace which provides the opportunity to buy banners and publications on the web sites at a good and attractive price.

The marketplace of CoinAD.media accepts payments in EUR, USD, USDT, BTC, ETH, XRP, LTC as well as any Bank or Credit Cards. In cooperation with CoinPayments we provide immediate prompt receipt of payments in cryptocurrencies with one click within a couple of minutes.

Save your money with the CoinAd.media Marketplace, get convenient and good advertising service with one click in your browser or mobile phone. We’ll take care of the rest.

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AuBit announces 400,000,000 Freeway Token investment worth US$3.2m by GreenBank portfolio company

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Just two weeks following the public launch of the Freeway Token (FWT), AuBit (https://aubit.io) is delighted to announce that Staminier Limited, the GreenBank portfolio venture capital and investment company, has purchased 400,000,000 Freeway Tokens as the first step in a planned collaboration. GreenBank (https://greenbankcapitalinc.com) is a merchant banking business listed on the Canadian Securities Exchange, the Frankfurt Boerse, and the OTC Markets in the USA and invests in exponential growth companies.

Freeway Tokens trade on popular cryptocurrency platforms Bithumb Global and Uniswap with a strictly limited supply of only 10bn. The mid-market price at 8 am GMT this morning as reported on CoinGecko (https://www.coingecko.com/en/coins/freeway-token) values Staminier’s holding of Freeway Tokens at approximately US$3.2m.

Staminier’s holding of Freeway Tokens is subject to lock-in provisions which mean that it cannot release any part of its holding until April 2021 when 60m tokens become saleable. The final proportion of 50m tokens becomes freely saleable in January 2023.

The Freeway Token is designed to fuel operations of its ground-breaking asset management platform that harnesses the power of network effects to generate increased total returns for users by distributing 80% of its trading revenues for the benefit of all users. When a user trades an AuBit-networked product, 80% of transaction revenues are automatically redistributed back to every product holder. For example, a user’s holding in an AuBit-networked gold bullion product increases every time anyone, anywhere in the world, trades that same product.

This network-enhanced asset growth brings the potential for greater total returns with no additional risk on the world’s top investment products. The network effect compounds as more and more users trade on the platform. According to a study from NFX, network effects are responsible for 70% of the value of big tech unicorns in the past 23 years.

AuBit’s management team and advisors have worked at some of the largest financial and technology companies in the world including Goldman Sachs, HSBC, Fidelity, Credit Suisse, Morgan Stanley, IBM, Google, and The Prudential.

It is planned that GreenBank will provide merchant banking services to AuBit in a bid to list AuBit products on the Canadian Stock Exchange as well as other exchanges using special purpose vehicles. The collaboration is a boost to AuBit’s plan to roll-out their disruptive FinTech model to more than 180 countries worldwide, especially into Canada and the USA.

Commenting on the investment by GreenBank’s portfolio company, Sadie Hutton, Founder & co-CEO of AuBit said, “the 400,000,000 Freeway Token investment by Staminier is further proof of AuBit’s billion-dollar disruptive potential in the trillion-dollar asset management industry as we focus our attention on the upcoming launch of the Freeway Platform in more than 180 countries worldwide. Independently verified simulations show AuBit users can achieve as much as 75% additional gains per year above the market benchmark, with no extra risk — something no other platform has ever been able to offer. We’re confident that our collaboration with GreenBank, as well as the early acquisition of FWT, will prove beneficial for everyone.”

David Lonsdale CEO of GreenBank added, “as one of the first public companies to recognise the importance of blockchain technology in relation to financial transactions, GreenBank Capital is hugely excited about the prospects for Staminier’s long term Freeway Token investment. The multi-trillion-dollar global asset management industry continues to grow each year, but has barely changed in decades and is ideally suited for AuBit’s new technology that could change asset management forever by building a true bridge from the traditional world of capital markets to the new world of digital and decentralized finance and make mass global adoption a reality. We intend to help AuBit in that quest by pursuing with them projects to list special purpose vehicles on internationally-recognised stock exchanges as a way of allowing a wider audience of investors to gain exposure to AuBit’s revolutionary products.

Here at Greenbank, one of our declared objectives (and the objectives of the investment companies in our portfolio) is to invest in and work with companies that can scale globally and have a valuation potential of at least $1b. We believe AuBit fits those criteria very well indeed”.

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Mphasis and R3 Partner to Develop a Blockchain-Based Payments and Financing Network for Global Supply Chains

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Mphasis, an Information Technology (IT) solutions provider specializing in cloud and cognitive services, today announced its partnership with R3, a leading global enterprise software firm, to jointly create innovative blockchain-enabled payment solutions and take them to market. Leveraging R3’s blockchain platform, Corda, Mphasis is strategically extending its Payments and Trade Finance technology solutions portfolio.

The partnership will focus on the acceleration of ALTATM, the digital payments and supply chain finance ecosystem formed by Mphasis to connect global enterprises, their supply chains, and a wide range of financial services and infrastructure providers into a modern value transfer network for global trade. The solution will provide Mphasis customers with access to a suite of next generation payments, working capital, and Foreign Exchange services that can be seamlessly deployed on Corda. Corda is a blockchain platform that removes costly friction in business transactions across every industry, from financial services and healthcare to oil and gas. It enables institutions to transact directly using smart contracts, while ensuring the highest levels of privacy and security.

Recent events have highlighted the critical role that financial resilience plays in the sustainability of every supply chain, and the structural gaps that still exist in how financing is traditionally deployed. The innovative collaboration with R3 will allow small and medium sized businesses – who are typically the weakest link in most supply chains – to easily and digitally access working capital and other financial services that will help bolster and strengthen the entire supply chain. Due to the scalability, low-latency and encrypted environment in which Corda operates, the solution is optimized for business cases requiring institutional grade controls in reliability and availability.

“Through the ALTATM Payments Innovation Program – a part of the Sparkle Innovation Lab –, we have been working on various ways to transform traditional trade assets into tokenized, liquid instruments that can serve as the basis for a new digital, networked value transfer ecosystem,” said Srikumar Ramanathan, Senior Vice President & Global head – Industry Solutions Group (ISG), Mphasis. “The partnership with R3 will allow us to accelerate co-development and go-to-market on the Corda platform.”

By implementing a network-based model in what has traditionally been a linear, point-to-point approach, enterprises and their supply chains can unlock much needed working capital, while banks and financiers can significantly increase return on risk weighted assets (RWA) and scale supplier adoption.

“To support a meaningful and sustainable re-activation of global supply chains, we must embrace more flexible, efficient, and resilient models that enable a higher level of visibility and collaboration between banks, buyers, and suppliers. We are thrilled to be working jointly with Mphasis to create innovative blockchain-based payments solutions,” said Dorothy Copeland, Global head of Alliance and Ecosystems, R3.

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BlocPal Partners with Shashank Joshi to Form mBnk, Phygital Financial Marketplace for India

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BlocPal

Shashank Joshi, a renowned entrepreneur in India, and BlocPal International Inc have today announced their partnership to form a new India based fintech company, mBnk. The company will initially focus on enabling premium retailer locations in rural and semi-urban areas across the country to provide essential financial and banking services to their communities. Of a total population of 1.4 billion people in India, 900 million live in rural or semi-urban areas. The country persistently remains a cash economy with a huge addressable market of 840 million people either unbanked or underbanked. Access to banking services in India continues to be challenging with supply of only 22 ATMs per 100,000 adults in India. By comparison, the United States has 174 ATMs per 100,000 adults, Russia has 161, Brazil has 105, and China has 97.

mBnk plans to leapfrog this critical problem by leveraging Shashank and his team’s industry success and longstanding relationships together with BlocPal’s digital transaction platform. The mBnk digital retail solution will deliver a financial marketplace that enables retailers to offer their customers “mini-banking” financial services including the ability to deposit and withdraw cash, execute domestic money transfers, purchase pre-paid credit cards, buy air-time and pay for utilities. mBnk will continue to enhance services, providing access to more sophisticated banking and financial services for the marketplace.

As the retailer network grows, mBnk will further extend financial services directly to citizens of India and their family and friends abroad with a consumer digital wallet application, creating a more connected physical retailer and consumer experience. Consumers will have instant access to financial services through their own smartphone devices.

Shashank Joshi, founder and former CEO of Money on Mobile, is one of Mumbai’s most prestigious serial entrepreneurs. He brings to mBnk his vast experience in building fintech businesses as well as his strong relationships with physical merchant networks, banks, and strategic service providers in India. When Shashank resigned from Money on Mobile in 2016, the company achieved a subscriber base of 153 million and over 300,000 retail partners. “Our goal is to build a network of retailer partnerships across the rural population of India where essential financial services are within a 5 km reach to every community. This project is not only an amazing entrepreneurial challenge, but represents, for me, a chance to truly improve the lives of millions of deserving people across the country. I am thrilled to be undertaking this challenge with the help of BlocPal and their advanced digital platform.”

BlocPal is a major stakeholder in mBnk, providing technology, investment capital and strategic management. The retailer and consumer digital wallet solutions for mBnk use BlocPal’s scalable digital wallet and blockchain platform which is deployed today for similar enterprise projects in Mexico and First Nations in Canada. The mBnk solution also includes custom features and 3rd party service integrations driven by Shashank’s requirements and vision. “We have found a tremendous partner in Shashank and his team to financially empower the underserved population in India. We believe India is one of the biggest market opportunities for financial services globally,” explained Nick Mellios, founder and CEO of BlocPal.

About Shashank Joshi
Shashank Joshi can be epitomized as a serial entrepreneur based in Mumbai. With a rich professional experience of over 25 years spanning domains such as digital payments, e-commerce, IT and ITES, outsourcing, transition and management consulting, Shashank inspires people to convert challenges to opportunities in both life and business. Named as one of the most promising entrepreneurs in India, he derives his energy from creative entrepreneurial ideas, collaborative strategy and by harnessing varied talent to achieve business success.

About BlocPal International Inc.
BlocPal’s vision is to provide the world a simple, fast, and secure digital transaction platform that allows anyone to transact in their currency or asset of choice. A leader in the emerging digital economy, BlocPal empowers consumers, merchants, and enterprise customers to participate now in this digital economy, which includes both fiat and cryptocurrencies. At the core of BlocPal’s service is its decentralized blockchain transaction technology, which enables any currency or asset to be digitally signed and traded while complying with established financial regulations.

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Verde Leaf Signs Deal with TRACE for Supply Chain Traceability Services

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Blockchain Consortium

Verde Leaf, one of the nation’s rising vertically integrated industrial hemp companies, has partnered with Trace, a leading tracking solution for the industrial hemp business. This move is set to scale operations, manage traceability in its supply chain and support the company’s aggressive growth. The collaboration between Trace, the US’s most advanced soil-to-shelf tracking solution for traceability and supply chain monitoring technology is certain to redefine supply-chain visibility in the hemp industry and agro-industry at large alongside Verde Leaf™.

The widely publicized failures within the current systems deployed in the United States have slowed growth in the industry and have hindered regulator’s efforts to properly oversee the process, further complicating expansion into additional markets. As more states pass adult-use legislation the need for creating a properly functioning tracking and regulatory system that can scale in security, volume and complexity without affecting performance becomes paramount.

Trace leverages the power of Ethereum-based blockchain technology to secure crucial information and remove the potential for altering accurate information, all while enhancing public and regulatory trust. Whereas blockchain uses encryption to guarantee the immutability of transactions, Verde Leaf™ leverages Trace’s technology to guarantee the uniqueness of product identity. In parallel, centralized processing of serialized unique ID’s allows for massively scalable performance. Trace works alongside government and commercial entities to empower consumer confidence, drive operational performance, and lay the technological infrastructure for the emerging hemp and cannabis industries.

The partnership between Trace and Verde Leaf™ combines the best of both paradigms moving forward: both government and private sector alike will have access to unparalleled security, monitoring, and insight into their hemp supply chains.

“We are excited to bring Trace’s proprietary technology to Verde Leaf™’s which will bring scalable traceability to the hemp industry,” said Joshua Decatur, CEO of Trace. “Trace isn’t just another MRP system. We have been on the forefront for a couple years now and We set out to address the consensus opinion that existing solutions were subpar, hindered private market growth and complicated regulators’ lives. At the end of the day, it’s consumers that suffer the consequences. We look forward to continuing our mission of bringing truth and transparency to Verde Leaf™ supply chain.” Dr. Jackson Garth, VP, Sales & Marketing of Verde Leaf™, chose TRACE only after a thorough evaluation. “We thoroughly researched TRACE and required a set of scenarios to test their scalability, their ability to integrate into partner systems including point-of-sale, as well as support and training capabilities,” Garth said. “They delivered on every benchmark and impressed us with their responsive enterprise-level capabilities – we’re confident it’s the perfect fit for Verde Leaf™.”

About Verde Leaf
Verde Leaf™ is one of the hemp industry’s first vertically integrated hemp companies that created solutions for the farmer, business owners, and consumers. We solve some of the critical challenges in the emerging hemp industry by assisting farmers with license acquisition, hemp cultivation and processing, and filling the knowledge gap with our network of seasoned hemp farmers and specialists across the Southeast. Moreover, by securing exclusive contracts with farmers, Verde Leaf™ ensures that hemp products sold to consumers have unprecedented clarity, consistency, and data available for products they are purchasing. By controlling our supply chain seed-to-sell, Verde Leaf gives customers assurance and confidence in the superior quality of our consumable and non-consumable product lines.

About Trace
Trace delivers soil-to-shelf supply chain transparency through our custom-fit software solutions that are homegrown in cannabis. With our industry-tested product development and blockchain-enabled data integrity, Trace works alongside government and commercial entities to empower consumer confidence, drive operational performance, and ultimately speak truth to flower. For more information visit www.tracevt.com.

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Everipedia to use Chainlink infrastructure for election night race calls

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Everipedia, a market leading blockchain knowledge company has integrated with Chainlink, the largest decentralized oracle network in the world, to build oracle infrastructure to sign and publish US election race calls on the blockchain. The Everipedia Chainlink node will provide smart contracts access to U.S. election data backed by a cryptographic proof that can be used to verify the data from our node comes directly from the original Associated Press API to which Everipedia has exclusive, authenticated access. With this verifiable data available on-chain, smart contract developers can create new financial products based on the outcome of the upcoming U.S. presidential election, such as prediction markets, derivatives and beyond, all of which can be created, executed and settled with the utmost reliability.

This integration is made possible by leveraging Chainlink’s oracle infrastructure to allow the Associated Press to sign and publish U.S. election results simultaneously across multiple different blockchains. By making high-quality data available on-chain from the likes of the Associated Press and providing strong guarantees on the origin of such data, our Chainlink node enables a new world of use cases for both DeFi and beyond.

Chainlink already supports dozens of blockchains and as its ecosystem continues to grow, Everipedia will keep expanding its services as well.

“Chainlink is bridging the technical gap between blockchains and real world data,” said Daniel Kochis, Head of Business Development at Chainlink. “Making this powerful technology more accessible is key to realizing its full potential, and publishing the AP’s electoral race calls onto the blockchain for the first time is a big milestone in that journey. It will provide a verifiable, tamper-proof record for tracking a historic election.”

As blockchains grow in potential and use in the coming years, the need for information from the outside world to execute transactions on the blockchain will continue to grow. Having trusted and reliable sources that these blockchains can use will be essential for moving the space forward. By having world-renowned organizations sign and publish their data through Everipedia and built on Chainlink, we will be able to build more trust in the ecosystem and beyond.

“We will be making history as the first to directly sign AP’s race calls and publish for blockchain use. We could not have picked a better partner in this than Chainlink,” says David Liebowitz, VP of Business Development at Everipedia.

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ExCore’s sale is LIVE

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ExCore Sales and Impressive Staking

ExCore is a new and rapidly growing cryptocurrency that stands to eliminate inflation. Because there is a finite supply and no new tokens will ever be released, your investment in ExCore will never significantly drop from controllable causes. Right now, ExCore is in the middle of their private sale, but will release their public sale and staking platform next week on October 21. ExCore is a company that all keen investors should keep an eye on.

Private Sale

Today (October 14), ExCore launched their private sale to their whitelisted members. The sale is ongoing and takes place on Bounce, a secure medium used for crypto transactions in presales. It currently is about 25% full, and will go on until 10/17 or until the hard cap of $100,000 is reached.

You can participate via this link: https://bounce.finance/join/swap/3669 and this PASSWORD: excore2020

There are guides in ExCores telegram groups (Link can be found at bottom of this page) that explain in detail how to use the bounce platform.

Public sale

On October 21, the public presale will launch with a hard cap of $800,000 worth of ETH. Everyone will be able to participate in this sale as long as they have a metamask wallet. The minimum requirement for this sale will be 1 ETH, but keep in mind there will be gas fees, so you will need to have some extra in your account.

Staking

On the same day as the public presale, ExCores staking platform will also launch. Their staking platform offers an impressive 550% APY that will come from fees from every transaction on the ExCore network. To stake your tokens, there will be a 1% fee to stake your tokens as well as a 1.5% fee to unstake them, but staking for even just one day will be enough to cover these fees.

Summary

Not only does ExCore make for a great investment with their anti-inflation protocol, but if you also stake your ExCore you will be looking at some very nice returns. ExCore is without a doubt one of the best crypto investment options of 2020 and the sooner you get in, the better rates you will be able to buy at. The ExCore team is currently marketing everywhere they possibly can, so once the word gets out it will no longer be possible to buy tokens at this discounted price.

ExCore Links:

Here, you can find a few very helpful links, but most importantly the link to Github. This verifies the integrity of ExCore through our open source code (that anyone can see!).

Github: https://github.com/ExCoreFinance

Website: https://www.exvault.finance/

Telegram: https://t.me/excorevault

Twitter: https://twitter.com/ExCoreVault

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

Contract address: 0x87D3646B101977de0D2D58dfC5A70e84767A1909

Staking contract address: 0x28Ea47E0ff753AE99eE5241f468817Db6C476d

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