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Enterprise Blockchain Gets a Boost as Investors Funnel $120 Million in the Vostok Project

Vlad Poptamas

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The first private blockchain project for enterprise has raised $120m, as it looks to become the ultimate tool for governments and corporations worldwide to manage big data, implement artificial intelligence and introduce IoT (PRNewsfoto/Vostok)
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Waves Platform, the world’s fastest public blockchain platform, has secured $120 million funding round to launch its private blockchain platform and system integrator, Vostok.

The Vostok project has been developed by the Waves Platform team specifically for large enterprises and public institutions to form the basis of their digital infrastructure. The launch of the first projects in Europe and Asia is expected at the beginning of 2019.

Founder and CEO of the Waves Platform and the Vostok project, Sasha Ivanov said: “The Vostok project lies at the intersection of several disruptive technologies, including Blockchain, Big Data, Artificial Intelligence and the Industrial Internet of Things. By implementing those in the IT infrastructures of corporations and government agencies, we lay the foundation for the digital economy. This is a logical continuation of the work we have been doing over the past few years, advancing the Waves platform’s technological achievements yet further.”

Investors in Vostok’s key target markets were approached to participate in the first funding round. When selecting capital sources, it was important that the investors did not only contribute financing. They also had to have the expertise and motivation to use their business resources to further the project, as well as a portfolio of projects for which Vostok technologies would be beneficial.

London-based financial services group Dolfin coordinated both the structuring and execution of the deal.

Dolfin CEO, Denis Nagy commented: “Despite heightened investors’ interest, attracting private funding for digital technologies is often problematic due to the lack of financial infrastructure to support and structure the deals in the DLT space. Together with the Vostok team, we have developed a model familiar to private equity investors, yet customised to enable the financing of the Vostok blockchain project.”

About Waves Platform

Founded in 2016, Waves Platform is the world’s fastest public blockchain platform. It offers easy-to-use, highly functional tools to create decentralised applications. It’s an enterprise-ready platform that emphasises security, easy digital asset operations (including creation, transfer, exchange) and a straightforward user experience. It has also developed into one of the largest tech communities worldwide and formed partnerships with a variety of renowned international organisations.

https://wavesplatform.com

About Vostok project

Vostok is a universal technological solution for scalable digital infrastructure developed by Waves Platform in 2018. It is comprised of two constituent elements: a fundamental technological innovation (the Vostok digital platform) and a facilitator of its maintenance, development and optimisation (the Vostok system integrator). The main purpose of the project is to form the basis of the digital infrastructure for certification, registration and data tracking, and to make new technologies easy-to-use in business and public administration.

https://vostok.io

About Dolfin

Dolfin is an independent and agile wealth management platform that offers custody, brokerage and asset management to private clients, financial advisers and institutional investors. Dolfin opens investment accounts promptly, safeguards assets, provides access to capital markets worldwide, and offers sophisticated investment expertise. Founded as a London-based wealth boutique in 2013, the company now offers diversified financial solutions, an international presence, and a bespoke technology. Today, Dolfin looks after more than $1.7bn of client assets and handles around $650m of brokerage flow every month. Headquartered in London, and with offices in Malta and Amsterdam, the company is regulated by the UK’s Financial Conduct Authority and the Malta Financial Services Authority.

https://dolfin.com

SOURCE Vostok

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Banking/Financial Services

Ric Edelman’s Advisor Blockchain and Cryptoassets Council Kicks off Barron’s Independent Advisor Summit

Vlad Poptamas

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Ric Edelman, one of the nation’s most prominent financial advisors and creator of The Advisor Blockchain and Cryptoassets Council, held the third meeting of this growing group of influencers on March 20 at the Grand America Hotel in Salt Lake City.

Firms presenting at the event included Multicoin Capital, Bitgo, Digital Assets Data, FRST Corporation, ZenLedger, Gemini and Perkins Coie.

Immediately following the morning meeting, ABCC partnered with Barron’s to stage the Blockchain and Cryptoasset pre-event, in conjunction with the Barron’s Top Independent Advisor Summit. The event offered Continuing Education Credits to those in attendance.

Nearly 80% of the financial advisors attending the event said they know little to nothing about blockchain and cryptoassets, and 97 percent said they do not recommend cryptoassets to clients.

“The lack of knowledge by so many of the nation’s leading financial advisors demonstrates the urgency of teaching advisors about this important emerging asset class,” said Edelman, who has been named three times by Barron’s as the nation’s #1 Independent Financial Advisor. He noted that 80 percent of the advisors surveyed said clients are asking them about cryptoassets and added, “Advisors who can’t answer their clients’ questions about bitcoin will lose credibility with their clients, and they may end up losing the clients.”

Edelman gathered experts from many of the leading firms in the field. Kingdom Trust was the premiere sponsor. Additional sponsors included Bitwise Investments, Blockforce Capital, Fidelity Digital Assets, Grayscale Investments, Orion Advisor Services, Pantera Capital, State Street Global Advisors and Van Eck.

ABCC is developing additional conferences. To learn more, go to www.advisorbcc.com.

 

SOURCE Advisor Blockchain and Cryptoasset Council

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Banking/Financial Services

CoinAll Launches a New-User Campaign to Expand Community

Vlad Poptamas

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Photo source: lawyersweekly.com.au
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CoinAll has today announced the launch of a new user campaign which will last a month and features a 10,000 USDT bonus pool. Users who complete the two-task mission will have a chance to share in the bonus. The campaign comprises two tasks. In task one, new users have to register on CoinAll and pass KYC1 verification. In the second task, new users need to deposit CoinAll-listed cryptocurrencies into their accounts. Upon completion of the two tasks, they will get the bonus. The campaign is open to all digital asset traders from around the world.

“Community is the foundation of CoinAll. We hope to make it larger and stronger. Together with our users, we endeavor to make the industry better in the near future,” said Katherine Deng, General Manager of CoinAll.

CoinAll is a community-driven exchange, which means the users of the CoinAll community have the power to influence the development of the exchange. CoinAll also launches various promotions for the community as well.

For example, the blockchain quiz show “Who Wants to Be a COINALL-inaire” hosted in March, featured the industry’s first “decentralized question bank” and attracted hundreds of thousands of participants. By answering 10 questions correctly, users could take home hundreds of USDT in prizes. While enjoying the fun and bonuses, users also broadenedtheir knowledge about blockchain technology.

By offering a variety of campaigns, CoinAll has rapidly established a community of tens of thousands of members.

Besides community development, CoinAll also spares no effort in offering high-quality blockchain projects to traders. For example, COSM, which will be supported by Samsung’s latest flagship smartphone and is the first dApp partner of Samsung, was one of the very first offerings by the exchange. CoinAll has also listed other well-received projects such as BTT, ZIL, ONT, and Grin.

As an fast-emerging exchange, CoinAll was recognized as the first strategic partner of OKEx, the top-class exchange in the worldCoinAll is showing great ambition, pledging to become top-20 exchange in the world within 1 year with the help of OKEx.

“We feel grateful to our users,” said Katherine Deng. “And we want to give back to our community and make it larger and stronger. This time, our new campaign also reflects our great determination that CoinAll will continuously offer projects of high quality and good trading experience to global users.”

 

SOURCE CoinAll

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Banking/Financial Services

Maxonrow Invites Developers to Build their Own Wallet

Vlad Poptamas

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Maxonrow is inviting the global developer community to participate in its Maxonrow Community Wallet Contest. Through the contest, participants will get a unique chance to become a part of the Maxonrow Developer Community and have their work featured in their upcoming official wallet release.

Up To 5,000 USDT Reward for Developers

Signing up to the contest is now available through the contest page and submissions will be accepted starting April 24th. Consequently, the winners will be announced on May 15th. The first place winner will receive 5,000 USDT, the second place winner 4,000 USDT and the third place winner will receive 3,000 USDT. There are also two spots for fourth place which will receive 2,000 USDT each and ten consolation prices at 500 USDT each. The contest submission date is subject to change depending on the number of applications submitted.

The Maxonrow Community Wallet Must Be Developed using the Maxonrow Beta SDK V1.0

Maxonrow is asking participants to build a wallet that can run on both iOS and Android, preferably developed using an UI Framework and have excellent user experience navigation.

The wallet must be built using the Maxonrow Beta SDK V1.0 available for download on the contest landing page. In addition, the Wallet App needs to have at least the following functions and features: Wallet Creation (protected by PIN/Password/Fingerprint), basic KYC, get free Token (Faucet), Wallet Account Summary, ability to send and receive tokens, a transaction history, and user profile. Any additional wallet features will be a bonus point.

Maxonrow is Looking for Developers to Stand a Chance to Become a Part of Their Team

“We would like to invite talented and passionate developers with creativity to join our Wallet contest, and stand a chance to be part of our excellent team,” said Carlo Chung, Maxonrow’s Technical Director. He added “participants need to add a source code submission via public GitHub repository link with readme.md (Build, Installation, Run), all libraries used must follow Open Source License (GNU, MIT, etc.) and if you want bonus points, provide us both APK download link and test flight link (or either one).”

 

SOURCE Maxonrow

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