Japanese Video Platform Pays Users Crypto to Watch Ads

A video platform service with Japanese roots expands to English-speaking markets.

A Japanese video platform service, called c0ban.tv, has started its expansion to English-speaking markets, as the startup team has reported to Cointelegraph. The platform has its own cryptocurrency and is developed by the LastRoots corporation, famous for its  popular cryptocurrency exchange.

Buying lunch with crypto

The c0ban.tv platform publish short video ads. It already has over 50,000 active users and five million transactions per month, as the startup team reported to Cointelegraph.

c0ban is based on the concept of combining blockchain and video advertisement. The core idea of c0ban is that a user can get paid with c0ban coins (RYO) for watching advertisement videos posted on c0ban’s web application.

This c0ban mechanism is similar to websites that offer reward points to their users. In order to get rewards a user needs to sign in to the c0ban.tv web application and watch the videos that appear on the screen, and then get the rewards.

There are three huge problems for the video advertising market that the industry faces right now: users tend to skip video ads, they do not see them completely, and the current ads are not cost-effective. According to the c0ban team, their application and platform can solve these problems by paying users to watch videos.

According to c0ban fans blog, there are stores in Japan that accept RYO. Users can, for instance, watch a few videos, get paid with c0ban cryptos, and buy lunch with those coins. Although the number of such stores is not many, LastRoots will expand it from now on, as the company representative told to Cointelegraph.

Middle age samurai coin

“c0ban is named after a Middle Ages Samurai coin, named Koban. c0ban is the first challenge for us to spread the technology to the world. We will be pleased if we could provide a trigger to people to feel the revolutionary world of decentralized consensus,” reads the c0ban website.

According to the website, c0ban is a proof-of-work (PoW) cryptocurrency which is designed to make it easy for everyone to enter the blockchain world. The genesis block was mined on Dec. 15, 2016 and so far over 26,000,000 RYO have been issued. The target number is 88,000,000 RYO.

С0ban.tv has held one of the first ICOs in Japan in July 2016, and succeeded to raise about $6 million. Its app was released in February 2017, with cryptocurrency listed on a Japanese exchange in March 2017. Today, the c0ban trade volume has reached 100 million trades.

On November 30, c0ban will get listed on the Latoken exchange and will be able to be traded for Bitcoin and Ethereum. The c0ban cryptocurrency has been on the market since Dec. 15, 2016, when it was officially launched. The c0ban startup team decided to move forward and expand worldwide, making its way to a broader audience.

 

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.

Fast and Furious: Mining Pool Offers ‘One of the Fastest Engines’ for 3.5 Million Miners

The new engine provides the industry-best hash rate for Monero, states the company.

On Nov. 14, MinerGate, a top-tier mining pool platform with 3.5 million users worldwide, has released the final version of their xFast Miner engine. As Claude Lecomte, the CEO and Founder of MinerGate reported to Cointelegraph, the brand new version of the engine has significantly increased the level of performance and functionality of the platform.

According to the company’s website, MinerGate provides miners with a high-quality merged-mining service, with 99.97 percent uptime, withdrawal amounts starting from 0.01 coins, and convenient smart mining features.

New engine, faster than ever

In the latest xFast Miner’s version, MinerGate has noticeably increased the mining speed for each of the 11 supported cryptocurrencies - including BTC, BTG, ZEC, XMR, and others - that can be mined with the app. Therefore, the new engine is capable of boasting a performance improvement of “up to 20 percent in terms of hash rate, depending on the algorithm of the mined coin compared to the previous hash rate,” reports the official press release.

At the same time, the new version is now compatible with a majority of the utilized GPUs on the market, as the update was also aimed at expanding the platform’s hardware support. Also, the new miner has both command line and general user versions of the interface.

“Now MinerGate provides users with some of the fastest hash rates among collective mining pools, with an industry-best hash rate of 283 for Monero among other standouts,” commented Lecomte. With this update, MinerGate intends to set a new standard of efficiency and functionality on the mining platform.

Previously, the beta version of MinerGate xFast Miner, released in September, was downloaded by more than 80,000 users. The further-improved, final version is now available for all MinerGate users.

Setting the new standard

In order to compare MinerGate’s xFastMiner to its competitors, the company provided a press release containing the following statistics of the most popular open-source miners: XMRig, Claymore, XMR-Stak, Ethminer for ETH, and Bminer for ZEC.

According to the data, the xFast miner appears to be the best solution for GeForce CUDA mining. Only ZEC mining on the CUDA GTX 960 configuration is better with Bminer, but the Minergate team says it is already working to improve this index too.

“xFast mining on AMD OpenCL configurations gives the user a tangible advantage for XMR and ETH mining,” reads the press release.

Although CPU mining is not the main solution for these coins, xFast miner shows comparable results with competitors:

Recently MinerGate launched its brand-new BTC mining pool. It is MinerGate's first public SHA-256-based BTC mining pool, opening new frontiers for listing SHA-256-based PoW cryptocurrencies.

The company emphasizes that just having good hardware is not enough for efficient mining in today’s market. As it states, even on a standard configuration, a user can get a significant performance increase by choosing the right software miner. With this idea in mind, the MinerGate team aims to challenge their peers and competitors by launching an updated mining engine, which is supposed to become a turning point for the mining industry.

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.

How to Profit on Uber and AirBnB With Crypto: Project Helps Investing in IT Companies

A U.S. based blockchain project, unveils a new security token concept that allows investing in private IT companies, like Uber, AirBnB, Grab, among others.

BaseCore, a US-based blockchain project, reveals a new security token concept which allows investing in private IT companies, like Uber, AirBnB and Grab, among others.

According to the project’s whitepaper, the BaseCore token is backed by a portfolio containing the assets of private IT companies. These assets are impossible to purchase on the stock market, as the companies are not public. The paper states, “This feature of the token allows it to become one of the most stable digital currencies on the market.”

The BaseCore company aims to purchase shares from private IT companies and tokenize them by creating digital assets – the BaseCore security token. Additionally, the company has created its own exchange platform for buying, selling, and exchanging security tokens.

The BaseCore token is a dual-purpose investment tool: it will include investments in the asset market, in the form of private IT companies, as well as the potential growth of the largest cryptocurrencies, such as Bitcoin (BTC) and Ethereum (ETH). The financial model of the BaseCore business assumes a dollar-based system of payment when making financial investments in private companies.

“In practice, this means that unlike most of the alternatives proposed, buyers of the BaseCore token who exchange it for BTC and ETH are given an additional opportunity to invest in the private IT companies market. It also ensures retaining all the possible profit if the value of ‘dollar’ or ‘fiat’ invested in the cryptocurrency token grows,” reads the white paper.

Taking the Excalibur

The BaseCore platform works on the Excalibur exchange protocol which provides the exchange of ERC-20 standard tokens. Excalibur works as a decentralized open API exchange created with the implementation of a secure Inter-Planetary File System (IPFS) protocol.

“Currently, most decentralized exchanges are not completely decentralized and have basic problems concerning the security and availability of the interface on the server,” notes the BaseCore team. The team representatives point out that, for example, on the EtherDelta and TokenStore platforms, the interface does not correspond with UX trends. Furthermore, in the TokenStore, with certain skills, a user can place an order which exceeds the remaining balance on the platform, or execute an offline order (knowing the hash), even if it was previously cancelled.

In order to avoid such problems, BaseCore implemented a basic asset exchange algorithm taking into account all the flaws of other decentralized exchanges. For instance, the IPFS protocol allows any user to quickly access the interface, regardless of the server performance and so on. The IPFS also prevents DDOS attacks and similar actions that exchanges often face.

Each new IPFS release of Excalibur has a unique hash, which excludes the possibility of the source code spoofing. The community can verify the current hash or download the local version of the exchange. “In the future, we plan to abandon classic hosting and release versions only for local use and launch on IPFS,” states the BaseCore team.

The interface of the BaseCore platform features an intuitive, single page application and a mobile adaptive design. The company plans to add tools for working with portfolios and other security asset statistics. Among the upcoming updates is a dashboard with a detailed balance, the ability to make private exchanges using a hash, conditional execution of automatic orders, the ability to create fiat deposits through the creation of an inner stablecoin, and much more. Moreover, the BaseCore platform will include a verification mechanism ensuring compliance of token vendors and accredited status of token buyers, in addition to the standard Know Your Customer and Anti-Money Laundering procedures.

At this stage, Excalibur is completing registration, obtaining an EMI license and other necessary trading licenses.

As BaseCore reported to Cointelegraph, the Excalibur project is currently at the stage of closed alpha testing, though an invite can be obtained via their GitHub link, The local IPFS version at GitHub is available for download as well.

 

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.

Trading Matchmaker: Platform Pairs Clients With Financial Experts

The platform aims to be the leader in follow trading with Asia’s first cryptotrader incubation program.

The Taiwan-based Bincentive project, an innovative crypto trader service provider in Asia, developed the idea of matching their clients with trading experts. On Bincentive’s platforms, clients are matched with trading experts and can follow an experts’ actions in crypto markets. Furthermore, clients have the option of having the expert initiate the same trades simultaneously. These experts receive a pre-deposited compensation that is paid when a trader hits the target and has positive gains.

How does financial matchmaking work?

Founded in July 2018, Bincentive is aimed at creating a smart mirror trading inter-exchange ecosystem, based on artificial intelligence (AI), big data, social trading, personal hedge funds, and blockchain technology. Unlike traditional mirror trading, smart mirror trades provide intelligence to help investors automatically follow trading signals from traders, the company explains. “This innovative platform allows individual members (investment clients) to connect with financial experts, introduces profit sharing, and creates a bridge from crypto assets to all financial products,” reads the project’s whitepaper.

According to Bincentive, both clients and experts can profit from this process. The basic rules are as follows: the clients can choose the trading expert and smart contract that best matches their needs. Trading experts have the ability to choose their own remuneration terms. The experts can send signals directly to exchanges through the Bincentive platform to make contracted trades 24/7. Clients decide when to invest and when to discontinue the smart contract.

The Bincentive platform aims to provide professional financial services from traditional trading experts, quantitative traders, and AI trading engines, via Quasi Decentralized Apps (Q-DApps). “Using blockchain and smart contract technology, trading experts can safely and conveniently present their trading strategies, allowing investment customers to simply choose the trading services that best fit their needs”, the white paper notes.

The initial launch of the Bincentive service is planned for Q1 2019. Transactions are performed via smart contracts, ensuring all terms will be processed automatically without fail. Additionally, clients may change their financial expert and strategies at any time without incurring penalties.

‘Asia’s first’ crypto trader incubation program

Bincentive has also recently launched “the first crypto trader incubation program in Asia” - HatchQ. On October 20, 2018, Bincentive held HatchQ’s launch event with several notable experts in crypto trading in attendance: Andy Cheung, COO of OKEx and his team, Tiantian Kullander, Co-founder of Amber AI, Simon Chang, former Asia CIO of Jefferies, Chaoming Cho, CEO of Bincentive and experienced trading professionals Nicholas Yang, CEO of Bitbitduo and Hank Huang, founder of Coinful. Speakers shared their opinions on the biggest challenges in the crypto market, the impact of the algorithm trade, and how traders avoid pitfalls due to limited regulations.

The program has already attracted nearly 400 attendees. More than 60 applicants have signed up for the HatchQ crypto race competition. Applicants include quant providers, data scientists, and finance enthusiasts who aspire to put their trading strategies to a real market scenario. The HatchQ race will run for six weeks, and the top three strategists, selected by professional trading experts, will receive premium cash prizes and trading fund sponsorship to officially operate on the Bincentive platform as partners.

The HatchQ Crypto Racing and Incubation Program starts in Taiwan, and will follow with Hong Kong, Singapore, London, and New York.  “We want to encourage excellent traders from both traditional and crypto fields to join this race and become trading partners in our ecosystem. Currently, this is our main goal”, commented Teigi Lee, Head of Business and Marketing at Bincentive, to Cointelegraph.

 

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.

Intel Meets Blockchain: Cloud Computing Platform Releases New Solution For Data Protection

The company says it released a new way to leverage Intel SGX enclaves to run DApps at the highest level of security.

On Nov. 1, 2018, iExec, a decentralized marketplace for computing power based in Lyon, France, released its end-to-end trusted execution environment. The developers of iExec describe the technology as “the first Intel SGX scalable solution for businesses to achieve privacy and security in blockchain-based computing.”

What is Intel SGX?

Intel SGX, or Software Guard Extensions, is a popular architecture extension, introduced in 2015. It was designed to increase the security of application code and its data. As described on Intel’s website, Intel SGX makes protection possible through the use of “enclaves”, which are isolated regions of memory built into the CPU. These regions protect data from processes running at any privileged level, including the operating system.

According to the iExec Medium blog, enclaves are paradigm-shifting tools in the world of cloud computing. “Thanks to the security they offer, anyone is able to run applications on any computer without the fear of disclosing sensitive data to a third party.”

Enclaves act as “a bubble or a safe,” protecting and isolating an application from a host machine. “Even the root privilege administrator of the host machine is not able to penetrate this bubble to access and tamper with the application,” explains the iExec press release.

Clouds for developers

In May 2018, iExec released its marketplace for trading cloud computing power “as a commodity.” According to iExec, one of the most important technologies to make this decentralized cloud infrastructure successful - aside from blockchain - is a trusted execution environment (TEE), like Intel SGX.

The decentralized nature of the iExec cloud computing network aims to guarantee security. Root privilege users will never be able to inspect sensitive data or tamper with the application running on the decentralized host.

iExec has been working on its solution utilizing Intel SGX, in partnership with Scontain UG, a software development company based in Dresden, Germany.

In iExec’s official press release, the new solution is presented as “the first-ever complete toolkit including Software Development Kit (SDK) and technical documentation, for businesses to easily employ Intel SGX enclaves to ensure the end-to-end protection of any blockchain product.”

The company emphasizes, that “end-to-end” privacy is ensured, meaning that although Decentralized Applications (DApps) are processed on decentralized nodes, they can never be inspected by someone apart from the end user. iExec showcased this new solution at the Devcon4 conference, one of the biggest gatherings for Ethereum blockchain developers and researchers.

An on-demand marketplace for cloud resources

According to the company’s Medium blog, iExec aims to create a new paradigm for cloud computing: a global and open market where computing power is “traded like a commodity.”

The company says, the iExec marketplace allows application developers to access affordable, secure, and scalable computing power on-demand. Each transaction between buyers and sellers is audited and certified by the Proof-of-Contribution algorithm, which verifies every off-chain computation executed.

Today, iExec is working towards the “iExec V3”, where the marketplace will evolve beyond the trading of cloud power to integrate the trading of datasets as well. According to the company, iExec offers developers toolkits for building decentralized applications that will run on a decentralized network of nodes with a high level of security and scalability.

 

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.

How One Project is Fighting Fake ICO Reviews Using AI and Blockchain

Version 1.0 of the platform was launched to change the process of collecting reviews from customers, by means of blockchain technology.

On October 24, Revain, a service for collecting customer reviews, released a full-scale working 1.0 version of its Ethereum-based platform. As the project team reported to Cointelegraph, the 1.0 version is completely blockchain-based, containing a verification system and artificial intelligence (AI), among many of its other new features. “Users can see all of the reviews written in the blockchain on a special page,” reads the official press release.

The Revain platform was launched in order to change the process of collecting reviews from customers, by means of blockchain technology. The service is aimed to help new projects and startups obtain feedback from users. Specifically, the platform was designed for companies that have concluded their crowdfunding or ICO campaign.

Refining the Dashboard

The basic element of the Revain platform is its Dashboard, which allows startup teams to communicate with users and reward them for high-quality reviews. “We have been actively working on creating the Dashboard. There have been ten releases: versions 0.1 to 1.0 with a number of new features added,” the Revain team reported to Cointelegraph.

According to Revain’s previous press release, the Dashboard may be helpful for companies in various ways. Firstly, replying to specific reviews is a great tool for managing negative reviews and encouraging positive ones. Secondly, as the Revain team assures its users, a large number of quality reviews about a company will make it stand out among others in a very positive way.  

Revain is using AI to monitor the quality of reviews, with no third parties involved. The AI moderation system will be able to consider the tone of the reviews, as well as filter them based on certain parameters — such as emotion, language style, and social tendencies. “Revain AI filters out low-quality reviews and makes quality ones eligible for rewards,” reads the company’s press release.

Users are supposed to benefit from writing reviews on the Revain platform. In order to motivate authors to write reviews, companies can reward users with internal tokens called RVNs.

Revain has recently introduced its first premium service for blockchain projects and crypto exchanges which were designed to help them improve their reputation and perception among the crypto community. A premium subscription was the main part of the latest v0.9 release of the Dashboard. Besides the premium subscription, Revain completely redesigned the complimentary email and added the ability to share a specific review.

Due to blockchain technology — and Ethereum platform especially — all of the reviews cannot be deleted or changed, says the company’s website. So far, the platform covers a few kinds of reviews: ICOs, crypto exchanges, e-commerce, as well as FMCG companies and services. In addition to these, the company plans to add other sectors at a later.

 

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.