New Blockchain Initiative Bitland is Putting Land on the Ledger in Ghana

Press Release: New blockchain-based initiative in Africa Bitland aims to stamp out corruption and free up trillions of dollars in locked capital for infrastructure development.

May 16, 2016 – Blockchain technology is extremely powerful, offering huge advantages of cost, transparency and reliability thanks to the immutable nature of decentralised ledgers. However, these benefits often fail to resonate due to the markets targeted and the way in which they are communicated.

Bitland puts the human element back into the decentralisation movement by bringing blockchain technology directly to the people, face to face. The organisation will provide services to allow individuals and groups to survey land and record title deeds on the Bitland blockchain – providing a permanent and auditable record – as well as acting as liaison with the government to help resolve disputes. The project is being piloted with 28 communities in Kumasi, Ghana, with the intention of expanding across the African continent.

Education and infrastructure

Bitland is both informing citizens about blockchain technology and about how the technology can change their lives for the better. Bringing clarity to land ownership rights will not only reduce corruption, but will open up trillions of dollars in locked capital, since land that doesn’t have a functional title cannot be used as capital, and securing a mortgage to build or purchase homes is not possible. In low-income countries like Ghana, people are concerned with basic needs and infrastructure such as running water and paved roads. The Bitland team will use blockchain technology to help accelerate infrastructure development by freeing up capital – without the corruption and abuses of power that have plagued such projects in the past.

Bitland cannot rely on existing local infrastructure, since rolling blackouts are the norm. They therefore plan to set up solar-powered Bitland centres that will function as hardware hubs for the Bitland Wireless Network. These hubs will double as education centres for locals to learn about digital solutions and how to get involved in the project.

Cadastrals: the currency of Bitland

The Bitland team is using the OpenLedger platform as the basis of their blockchain infrastructure.

“OpenLedger is built on top of the BitShares platform and its MIT-licensed Graphene blockchain technology,”

Explains Ronny Boesing, CEO of crypto exchange CCEDK – OpenLedger’s Danish registrar.

“BitShares was recently confirmed as a partner with the Microsoft Azure BaaS, and the Bitland project reflects the vast number of opportunities emerging as more mainstream companies realise that this is what they have all been waiting for to maximize income and future communication. As more organisations join the OpenLedger/BitShares platform, you can be sure that this Decentralised Conglomerate will exemplify the future of global economics.”

Bitland will be issuing a digital currency called Cadastrals, which will act as the entry token for their blockchain platform.

“To get through the first year of operations, the team has allotted 20 million Cadastrals to be used in an ICO to establish the first operational Bitland Center,”

Says Larry Christopher Bates, Bitland’s Chief Security Officer.

“The ICO will be hosted by CCEDK, and the funds will be held in escrow on the OpenLedger platform.”

The ICO ends June 1st, and any unsold tokens will be sold through the Omni Tether platform with a daily incremental price increase.

The Bitland Fund will collect network fees and any money taken into the main reserve and redistribute them to projects within the Bitland communities, thereby directly funding infrastructure provision, with oversight from the relevant governments.

OpenLedger and ICOO

As the OpenLedger platform is developed further, it will add the capacity for a voting system to be part of the Bitland project – enabling communities to become directly involved in decision-making.

“The OpenLedger team is very excited to be adding Bitland to the Decentralised Conglomerate,”

Continues Boesing. Now, the infrastructure of the OpenLedger system will grow to include real estate, commercial property investments, and development of third world countries as part of its future plans.

May 20 will also see the launch of the crowdfunding campaign for a new initiative, ICOO. This innovative new asset will allow holders to benefit from future ICOs, by investing in them and making proxy tokens available to trade before they launch. The fund will purchase assets from supported ICOs and create tokens representing these on OpenLedger in the period before the official release of the project. As with other new projects, a proportion of ICOO assets are reserved for OBITS – a catch-all asset representing all current and future initiatives in the CCEDK network.

Since the Decentralized Conglomerate establishes intra-DC support, 5% of the proceeds from the sale of ICOO will go towards the purchase of Cadastrals. Since the future plans for Bitland are to establish a network of smart contracts that back land, Cadastrals will be seen as a digital token representing land for the portfolio of ICOO. The Cadastral community becomes a pillar of ICOO alongside Digix and DAOHub.

Government Contracts

As Bitland plans to work with governments around the world to register land titles on the OpenLedger blockchain, the ecosystem will represent not just smart contracts, but smart cities. The OpenLedger platform will help bring transparency to nations where corruption has been the main impedance to progress, and further it will allow remittance and investments to flow into underdeveloped areas without big companies taking a large cut. The Bitland project is about more than registering land titles: this is the first step to bringing true democracy and meritocracy to the world.

Ultimately, people will be able to use their mobile devices to register a plot of land with GPS accuracy, file a claim, register a dispute, sell or purchase land. As well as the transparent and immutable nature of the blockchain, OpenLedger allows smart contracts. This removes the need for trust, so that microloans can be issued and government contracts fulfilled on a platform that tracks progress and distributes funds accordingly. After the first phase of the project is complete, the idea is to use Bitland to encourage governments and private organisations to offer smart contracts to give people the chance to invest in development. Organizations such as Kiva already have established methods of issuing microloans, and realise rates of over 90% repayment.

For further information please visit:

Media Contact:

Name: Ronny Boesing

Email: ronny@ccedk.com

City and Location: Blokhus, Denmark

 

CCEDK is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to FDIC and other consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

 

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The World’s Fastest Cryptocurrency Creditbit Offer Ten Times Faster Transactions Than Bitcoin

Bitcoin Press Release: Creditbit is an open source digital currency protocol which is 10 times better than Bitcoin when it comes to the speed and rate of transactions. Creditbit prepares for mass adoption by offering an user-friendly and secure cryptocurrency easily accessible to users worldwide.

May 13, 2016, Ljubljana, Slovenia – Creditbit is one of the faster growing digital currencies in the cryptocurrency segment. The rapid adoption and development has positioned Creditbit as the ‘Future of Money’.

Launched in 2015, Creditbit follows the decentralized model like many other digital currency platforms to revolutionize the monetary system. With the platform, Creditbits ultimate goal is to reach out to every individual on the planet, offering them banking and financial services over the blockchain. The conventional banking system comes with its own challenges, which makes it almost impossible for everyone to have his/her own bank account. The challenge is mainly due to the centralized nature of the operation, where there are people and organizations who make the decision for their customers. These decision makers are also the ones who decide whether to provide these aforementioned services to a particular segment of people.

Creditbits open source approach makes it easy for anyone to join the community to use and further develop the Creditbit protocol. Moreover, setting up a Creditbit addresses and making transactions over the platform is completely free. The open source nature of Creditbit doesn’t confine its users to one particular model decided by its creator but it also allows developers to run, modify, copy and even distribute the modified versions of the software. The strong developer community ensures that the platform by itself is constantly evolving, in turn increasing adoption by offering a great user experience. Creditbit is built as a robust platform, with all its source code available on main repos on GitHub.

How is Creditbit Different from Bitcoin

Creditbit has recognized the challenges faced by Bitcoin and implemented the changes to prevent such issues from repeating on their platform. Creditbit uses a Proof of Work (PoW) hybrid, solving the no-stake-at-stake problem generally faced by the Proof of Stake (PoS) systems. The PoW – PoS hybrid also makes it impossible to use ASICs to mine Creditbit tokens.

The block generation time for Bitcoin protocol is 10 minutes, which has significantly increased the time taken to confirm transactions. Also, the rate of transactions processed by the Bitcoin protocol is also less due to the same issue. Creditbit has prevented such issues from happening by making it capable of processing transactions ten times faster than the Bitcoin network. The time taken for an average Creditbit transaction to be confirmed is less than 30 seconds, making it the world´s fastest digital currency.

Technical Specifications

Hashing Algorithm: X11

Algorithm Type: Hybrid POW/POS, POW only for the first year, POS 8% annually

Stake Age: Minimum – 24 hours; Maximum – 1 year

Block Reward: 100 coin

Halving: For every 129600 Block (the 4th re-target at block 525600 is the end of PoW)

Supply: 100 Million CRBIT (Creditbit tokens)

Block Target: 1-minute block target; 15 minutes diff. re-target

RPC port: 5555

P2P port: 5556

POW: 12,3 million coins

POS: The rest supply until 100 million

About Creditbit

Creditbit is an open source cryptocurrency protocol released under MIT/X11 license. The protocol enables implementation of financial services over its blockchain to make it accessible to everyone.

Creditbit has gained a lot of traction since its launch and the Creditbit wallets are currently available for almost all platforms. Creditbit is currently being traded on 7 different exchanges viz., Bittrex, Livecoin, YoBit, C-Cex, Cryptopia, Bloombit, and Bitsquare. Creditbit has also been added to Coin Payments.

Creditbit users can contribute to the network by keeping their wallets open in a process called staking. Staking is rewards with up to 8 percent of the Creditbit holding every year. Staking helps the platform optimize the speed of transactions.

With increased adoption among individuals, traders and merchants; Creditbit has taken their first steps towards mass adoption.

To learn more about Creditbit please visit: https://www.creditbit.org

Media Contact:

Name: Petros Anagnostou

Email: support@creditbit.org

Country and Country Location: Ljubljana, Slovenia

 

Find Creditbit on different platforms Forum:

Creditbit: https://forum.creditbit.org/

BitcoinTalk ANN: https://Bitcointalk.org/index.php?topic=1237511.0

Facebook: https://www.facebook.com/creditbitofficial/

Twitter: https://twitter.com/creditbit

Slack: https://slack.creditbit.org/

 

Creditbit ranking and indexing:

https://www.cryptocompare.com/coins/crbit/overview

https://www.coingecko.com/en/coins/creditbit

http://coinmarketcap.com/currencies/creditbit/

 

Creditbit is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to FDIC and other consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

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Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own professional Bitcoin and digital currency Press Release. Click here for more information.

 

Bitcoin.com Launches Bitcoin Casino with Over 1000 Games and Free Bitcoin Bonus

Bitcoin Press Release: In partnership with Softswiss, Roger Ver’s Bitcoin.com is proud to announce the official Bitcoin.com casino, a trusted platform where players can bet bitcoins on a number of fun and fair games. All new customers will receive 2 free bitcoins to get them started as a welcome bonus.

Casino.bitcoin.com is owned and operated by their partners at SoftSwiss, a market leader in the online gaming space and one of the very first to support Bitcoin. Founded in 2008, SoftSwiss has the experience it will take to ensure a smooth operation for all of their customers around the world.

“By partnering with SoftSwiss, Bitcoin.com has shown that we are dedicated to working with first class professionals to create a more exciting and useful Bitcoin ecosystem for everyone involved.”

Roger Ver-Bitcoin.com CEO

Bitcoin.com’s Casino will feature over 1,000 games from 7 different online gaming providers.

The Bitcoin.com Casino will offer a welcome package for all new customers, giving all new players 2 free bitcoins and 100 free spins up front to get them started. On their first deposit players will get a 150% bonus up to 1 Bitcoin and 50 free spins. Customers’ second deposits receive a 75% bonus up to 1 Bitcoin and 50 free spins.

The casino will have three promotions per week:

● On Mondays customers will get 10% cashback on all losses from the previous week.
● On Wednesdays, players get a 25% bonus up to 0.25 Bitcoin and 25 free spins
● On Fridays, gamers will get a 100% bonus up to 1 Bitcoin and 30 free spins.

Anyone can register here to claim their welcome package.

Casino.bitcoin.com’s platform will also support fiat deposit, play and cashout options in Euro (EUR), British Pounds (GBP) and US Dollars (USD). This means that the casino will be a multi-currency venue which will cater for 3 of the world’s 4 most traded currencies, alongside Bitcoin, the world’s fastest growing currency and arguably the most fundamentally secure.

As part of Casino.bitcoin.com’s mission to make playing as easy and fun as possible, they don’t just accept deposits and cashouts in Bitcoin. The casino will also accept payments via Credit Card, Neteller, Skrill, paysafecard, PugglePay and Wirecard (SOFORT banking). With such a wide range of deposit and cashout options at hand there is sure to be a convenient payment option for any user, meaning players get to concentrate on the most important thing at Casino.bitcoin.com – the cutting edge gaming experience!

Casino.bitcoin.com’s catalog consists of a wide variety of game types, including:

● Slots
● Roulette
● Poker
● Blackjack
● Baccarat
● Video poker
● Live dealer games
● Bitcoin dice
● Casual games such as minesweeper and horse racing
● Other game types coming soon

SoftSwiss is excited to offer these games and bonuses to Bitcoin.com Casino customers:

“Launching the Bitcoin.com casino is a huge recognition of SoftSwiss and its role in cryptocurrency gaming. Could there possibly be another platform behind this top domain? We prefer to think not. Our company was the first to mix Bitcoin payments with traditional online gaming, creating a secure mechanism which earned the trust of many successful operators. We are extremely proud of this collaboration and are sure that Bitcoin.com will be a hit. It’s not just about the name, it’s about the combination of the powerful platform, games from the best providers, highly attractive bonuses, and attentive customer support. We are thus motivated to deliver the most exciting gaming experience ever under Bitcoin.com”

Ivan Montik-SoftSwiss CEO

With SoftSwiss’ Software, the casino will provide the highest level of security to gamers, ensuring that their funds stay safe. The casino will have SoftSwiss’ best development practices at the source code level, ensuring the platform is as secure as possible.

Casino.bitcoin.com will use a special Anti-Fraud System to protect players from scammers trying to take their coins. To protect customer funds, Casino.bitcoin.com will keep all bitcoins in cold storage.

The platform will also require two factor authentication when casino employees manually process withdrawals. Use of two factor authentication enhances the security of customer accounts.

The industry grade Anti-Fraud System will provide the following features to make sure all players are legitimate and honest:

● Review of player history to ensure no abusive strategies were used
● Tracking sharp spikes of winnings in any particular games
● Limit on amount of cashed out winnings to a certain percentage of the cumulative deposits for all time
● Tracking of duplicate player accounts

About Bitcoin.com

Bitcoin.com is the premier source for everything Bitcoin related. The platform offers many helpful services such as helping people buy Bitcoins, choosing a Bitcoin wallet, keeping enthusiasts up to date with the latest Bitcoin news and giving anyone the opportunity to engage with the community on the Bitcoin.com Forum. Bitcoin.com is a commercial website that lists wallets, exchanges and other bitcoin related companies.

About SoftSwiss

SoftSwiss is a recognized software provider that develops turnkey B2B solutions for e-commerce and iGaming, with offices in Curaçao, Austria and Belarus. The company was first in the world to introduce a Bitcoin optimized online gambling platform in early 2013, a unique software product at the time. Having launched over 30 online casinos with the support of both Fiat and cryptocurrencies for clients worldwide, SoftSwiss is among the leading technical experts when it comes to fostering the use of Bitcoin in online gaming.

For more information, please visit: Casino.bitcoin.com

Media Contact:

Name: Mate Tokay

Email: mate@bitcoin.com

City and Country Location: Federation of St Kitts and Nevis

bitcoin.com logo

Bitcoin.com is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to FDIC and other consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

About Bitcoin PR Buzz:

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own professional Bitcoin and digital currency Press Release. Click here for more information.

 

World’s Largest Cloud Mining Provider Genesis Mining Announces Significant Decrease in the Ethereum Mining Price

Press Release: Mining Ether just got a whole lot cheaper as cloud mining giant Genesis Mining release pictures of the largest Ether cloud mining farm in the world, Enigma.

Ethereum is one of the fastest growing cryptocurrencies next to Bitcoin. Just a few months ago, the price was $1, then it shot up to $13 and today it has settled at just under $10. This rapid growth excited investors who were eager not to miss out on another hyper-growth investment opportunity.

While some choose to invest in Ethereum directly, many are turning to Cloud Mining to enter the market. Genesis Mining, the world’s largest cloud mining provider and first Ethereum cloud miner, announced today a significant decrease in their price to mine Ether.

Starting today, the price will be $37 per MH/s, reduced from the current rate of $44 per MH/s. Discussing this price change, Genesis Mining co-founder and CEO Marco Streng stated:

“Every day, we are working to reduce operational costs to mine on behalf of our 200,000 customers and every time we have the opportunity to provide greater ROI potential and value to our customers, we are honored.”

Following the price reduction announcement, Genesis Mining released footage of their Ether cloud mining farm, Enigma, which is the largest Ether cloud mining farm in the world. You can view the newly released footage HERE. CTO of Genesis Mining, Stefan Schindler stated:

“The reason we are able to continue reducing the price for our customers is due to heavy optimization of the Enigma farm and economy of scale. We are proud of bringing Ether Mining mass deployments to a next dimension with Enigma.”

Like all cryptocurrencies, the future of Ether remains uncertain, but the tone of the conversation surrounding Ether is different than almost any other cryptocurrency. Discussing the excitement, Streng stated:

“I believe it is headed to the moon and we are building a rocketship to make sure our customers do not miss out.”

To purchase Ether contracts at the new discounted rate please visit: https://www.genesis-mining.com/

 


Genesis Mining is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to FDIC and other consumer protections. This press release is for informational purposes only.

 

About Bitcoin PR Buzz:

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own professional Bitcoin and digital currency Press Release. Click here for more information.

 

Cryptocurrency Company DNotes Launches Kickstarter Campaign for the New Book “The Four Pillars of Business Success” In the Spirit of ‘Small Business Week’

Press Release: DNotes co-founder, highly regarded visionary and early Cryptocurrency adopter Alan Yong shares his experiences and lessons from over 4 decades of entrepreneurship in his new book “The Four Pillars of Business Success”. DNotes is now launching a Kickstarter campaign as they continue celebrating ‘Small Business Week’ .

CHICAGO, Illinois – May 06, 2016 – Stable Bitcoin alternative DNotes continued the company’s celebration of Small Business Week today by once again recognizing the many contributions made by America’s entrepreneurs and small business leaders. The week of entrepreneurial recognition has been an annual tradition since the first presidential proclamation back in 1963. DNotes founder Alan Yong praised the work done by the nation’s business leaders,

“Too often in both politics and entertainment culture, our small businesses and entrepreneurial pioneers fail to receive the recognition they deserve,”

Yong continued saying,

“That’s a true shame, and especially when you consider that these small businesses are responsible for roughly two-thirds of America’s actual job growth each and every year. More than half of us are business owners or work for small companies, and yet entrepreneurs continue to be ignored and even maligned throughout society.”

Yong’s life has a been a celebration of entrepreneurial adventurism, and has helped him to earn a reputation as a respected business leader, technological futurist, and a true visionary. As DNotes continues to move toward its goal of fully integrating its currency, blockchain technology, and new seamless payment system, the company’s founder chose to turn to his true passion: helping other entrepreneurs succeed at achieving their own business vision.

“Business has always been one of my main passions in life, and I have long been asked to record the lessons I have learned over four decades so that others might gain insight from my successes and failures. Only recently have I found the time to pen a book that gathers those lessons and experiences, and prepare to offer them to other entrepreneurs who might learn from my experiences.

Yong’s book “The Four Pillars of Business Success” is being touted as a systems-based guide to holistically designing a company that can withstand the pressures caused by an ever-changing marketplace dynamic. Its beginning premise is based on the recognition that far too many entrepreneurs simply accept the notion that launching a new business is always little more than a gamble. Alan Yong firmly rejects that paradigm, and offers a bold and innovative path forward that proposes to reverse those odds so that they are in the entrepreneur’s favor. Yong continued,

“The reality is that businesses today are often seen as a gamble. The odds seem stacked against any new entrepreneurs, with the majority failing within a few years. Since small business drives the engine of our economy, it is important that we do not shrink from recognizing that our small businesses are losing ground with each passing year. It is my hope that my book can play at least some small role in helping these brave and innovative entrepreneurs to reverse that trend.”

As the book’s release draws near, the company has announced the launch of their new Kickstarter campaign related to its unveiling. As Yong reminds us,

“Major success in business does not happen by accident or by good fortune alone.”

About DNotes and Alan Yong:

DNotes co-founder Alan Yong is a well-regarded visionary who established Dauphin Technology in 1988. DNotes is regarded as a “thought leader” in the cryptocurrency industry, with a digital currency noted for its consistent and reliable growth. DNotes has launched several innovative initiatives that actively engage women, young people, small businesses, workers, and others – effectively inviting the world to participate in the digital currency revolution.

To support the KickStarter campaign and be among the first to receive an early copy of the book please go to: https://www.kickstarter.com/projects/124571891/the-four-pillars-of-business-success-book-by-alan

For more information please visit: https://fourpillarsofbusinesssuccess.com/

To trade DNotes with Bitcoin please go to: http://poloniex.com/exchange#btc_note

Follow DNotes on twitter: http://twitter.com/dnotescoin

Media contact

Name: Alan Yong

Email: Contact@DNotescoin.com