ALFAcoins Cryptocurrency Payments Company Launches an Updated User-Friendly Website

Bitcoin Press Release: ALFAcoins has announced the launch of a new website to match its updated cryptocurrency service offering.

December 20, 2016, Tortola, British Virgin Islands – A trusted provider of Bitcoin and cryptocurrency payment services, ALFAcoins has upgraded its website to offer a better, user-friendly experience to its customers. The website overhaul, involving new design and improved on-site navigation coincides with the addition of new cryptocurrencies, BitSend, CoinSplit and personal account management features.

ALFAcoins allows any legal internet business to accept three different cryptocurrencies viz., Bitcoin, Ethereum, and Litecoin. The payments service is available to customers across the world, excluding Iran and North Korea. Payments received on ALFAcoins can be either withdrawn as USD, EUR into the connected bank account or as one of the supported cryptocurrencies to their respective wallets.

In addition, the BitSend payouts system on ALFAcoins also enables its customers to send Bitcoin and other cryptocurrencies to their merchants, employees — as bonuses and salaries, partners — as rewards, and payouts for clients. All transactions on BitSend payouts system are processed immediately, with confirmation emails sent to the recipient as soon as the transaction is executed.

“The new website and additional features are in line with the platform’s key goals of ultimate quality and reliability of provided services,”

Said Denis Hertz, representative of ALFAcoins.

The newly introduced CoinSplit feature on ALFAcoins offers additional flexibility to its users by giving them an option to receive parts of payments in cryptocurrencies. Users can now set their default account currency to either USD or EUR based on their preferences.

ALFAcoins is committed to offering the best-in-class service to its customers, which it does through constant improvements to the platform and introduction of new features on a regular basis.

About ALFAcoins

ALFAcoins is a multifunctional and highly secure crypto-payment processing company operational since 2013. Over years, the platform has gained a reputation of being a reliable partner between sellers and buyers by enabling support for Bitcoin and other popular cryptocurrencies. ALFAcoins makes online payments accessible and transparent for all parties involved.

Learn more about ALFAcoins at – https://www.alfacoins.com
Learn more about BitSend at – https://www.alfacoins.com/bitsend

Media Contact

Company Name: ALFAcoins
Contact Person: Denis Hertz
Contact Email: pr@alfacoins.com
Location: Tortola, British Virgin Islands

ALFAcoins 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 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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Minecoin Completes First Stage of ICO Ahead of Schedule

Bitcoin Press Release: MinexSystems, creator of Minecoin cryptocurrency has announced the completion of ICO’s first stage much before the scheduled date.

December 16, 2016, Kyiv, Ukraine – MinexSystems has successfully completed the first stage of its ICO, thanks to a commercial bank that acquired rest of the minecoin cryptocurrency. The bank’s participation has allowed MinexSystems to complete the ICO ahead of schedule.

During the talks between MinexSystems and commercial banks’ representatives, which were conducted within the last 2 months (according to the terms of the agreement, MS can not disclose the bank’s name before the transaction completion), MinexSystems have reached an accord regarding cooperation between MinexBank and one of the leading European banks. To acquire a share in the nominal capital of Minex Bank, the partner bank shall acquire the remaining coins. Therefore, all the unsold coins, that is 1095275.5 MNC are frozen, and currently minecoins can not be bought.

Partner bank buys 1095275.5 MNC, which weren’t sold during the subscription for 1705.44 BTC .

According to the results of voting, which was held on October 12 and was aimed at determining the bank’s model, a lot of participants has given their votes for a hybrid model, making the following arguments:

  • «Although I believe 100% in mathematics and perfection, it seems that some you run must be controlled by a human mind, the mind of its creators. best regards»
  • «If the algorithm has a big error, the human bin can correct it at least»
  • «For me it has to be human intelligence to adapt the system to the different scenarios as they arise. Human intelligence can discover new problems.”
  • «Nothing is flawless so every system needs a screening control»
  • «It feels a lot safer for me if some functions are regulated by humans»

According to the agreement, the partner bank shall close the deal before March 15, 2017, that is why MinexSystems is rescheduling the second stage of ICO for the early spring.

For those investors, who have already purchased coins and want to realize them, the developers have activated the function of coin transfer, opening in such a way, the OTC market, since there are no coins for sale.

For safety reasons, developers recommend everybody who have already bought minecoins, to change password and activate two-factor authorization in their personal accounts, in the ‘Settings’ tab.

In addition, on its official blog MS summarizes the results of its work since the beginning of the first ICO stage:

Results of the first stage (subscription)

Participation in the Blockchain conference
minecoin-blockchain-conference

“During the participation in the international blockchain conference, we have presented our idea to a wide audience from different countries. It gave us an opportunity to attract investment to the project, invite professionals of the field to join our team, get feedbacks and recommendations from blockchain industry experts. And the most important thing was to take acknowledgement of the idea efficiency and market demand in this project”.

Blockchain Hackathon
minecoin-hackathon

“During participation in this competition, the essence of which was to create a useful blockchain-based product in a short period of time, the members of MinexSystems team became the winners, proving the fact that they can see the existing market demands and create efficient solutions.”

MinexExchange
minecoin-minexexchange

“During this period, we have developed a platform for crypto assets trade. On October 29 there was a beta testing of the product, during which a beta version of MinexExchange was presented. Within the beta testing, developers received feedbacks and recommendations that should be applied to make the exchange more functional and user-friendly.”

Negotiations with bank

“During the negotiations with a commercial bank, we have agreed that the Partner bank will buy the remaining coins as part of acquiring a share in the nominal capital of MinexBank. In order to promote the growth of MinexBank, we are ready to work with a group of banks, and not just with one of them. Therefore, we intend to increase the number of banks that will be co-founders of MinexBank, adopting their experience regarding operation on the credit markets and making MB more decentralized.”

Fundraising

“Summing up the result of the subscription stage, it can be said that during the first stage of ICO we have collected 1176.56 Bitcoins. We thank all those who shared the idea and supported the development of the project by buying minecoins when the idea was at an early conceptualization stage only.Thus, we can say that we have achieved a lot during the short period of time. With each passing day we are becoming more experienced, our team is growing, and the number of those supporting the idea is increasing exponentially. We are confident that 2017 will be the year of MineCoin. Subscribe to our newsletter and social networks on the main page and stay informed about the development of the project”.

About Minex Systems

MinexSystems is a Ukrainian company that develops blockchain-based applications.
MinexSystems target is to make blockchain technology to serve society through the creation of targeted applications where this technology (blockchain) has practical applications.
Products of the company: MineCoin, Minex Bank, MinexPlatform, MinexExchange, MinexMarket.

Learn more about Minex Ecosystem at – www.minecoin.org

Media Contact

Contact Person: Daniel Shulyaev
Contact Email: danielshulyaev@minecoin.org
Location: Kyiv, Ukraine

MinexSystem 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 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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I/O Digital Set to Release the Long Anticipated I/O Coin “DIONS” Blockchain Upgrade

Bitcoin Press Release: The I/O Digital Foundation announces the upcoming launch of DIONS I/O Coin Blockchain upgrade as a part of its second development roadmap.

December 13, 2016, Amsterdam, Netherlands – The team behind I/O Coin (IOC) cryptocurrency (I/O Digital Foundation) has announced they are in final beta and gearing up for the upcoming launch of DIONS (Decentralized Input Output Name Server) Blockchain upgrade. It is the first major milestone in IOC’s second development roadmap following the successful completion of the previous one set during the platform’s initial launch. As a part of its initial development roadmap, the team had created a full featured HTML5 IOC wallet alternative to Bitcoin-based QT wallet. It was followed by IONS (semi-centralized domain names) and POS I/O – a Proof of Stake (PoS) volume controlled blockchain upgrade.

The origin of IOC and DIONS goes back to the days when Proof of Work (PoW) based Bitcoin was introduced following Satoshi Nakamoto’s whitepaper. The August 2012 paper by Scott Nadal and Sunny King on PoS based Peercoin cryptocurrency created yet another standard for digital currency platforms.

IOC, over a period of time, has absorbed the best of both PoW and PoS technologies. Started as an X11 PoW based cryptocurrency, IOC successfully made a transition to unique PoS I/O. The PoS based IOC used a volume controlled blockchain, capable of instant transfers that received confirmations in less than 30 seconds. With block times of 1 minute, the I/O Digital Blockchain has proven itself to be extremely energy efficient and ten times faster than Bitcoin.

Considering Bitcoin’s lack of user-friendliness and privacy; risk of data bloat and centralized security breaches in Fintech. On December 2014, the I/O Digital development team proposed a major upgrade to the main IOC blockchain called DIONS. Its fully AES 256 encrypted decentralized name server, messaging, data storage and a decentralized “GPGTOOLS” like system offers a distinct advantage over Bitcoin. The DIONS Blockchain also enables identity storage, avatar creation and encrypted document storage capabilities that are transferable between users. All the features are readily hard coded into a user-friendly HTML5 wallet system.

Encrypted Decentralized Messaging

DIONS will be accompanied by a Skype-like decentralized end-to-end encrypted “chat” system with built in AES 256 encryption. The chat feature will not only allow users to send encrypted private messages, but also provides an option to broadcast messages to a wider world. It offers an attractive option for third party developers intending to build a censorship resistant decentralized “Twitter-esque” micro-blogging service.

“Think of Skype chat, but with a strong AES256 end to end built-in encryption all decentralized over Blockchain … this is coming out with DIONS”

Says the I/O Digital development team

Decentralized Identity & Name Server System (Aliases)

The I/O Digital blockchain DIONS, will allow users to store sensitive identity credentials ensuring a way for users to manage their reputation and control their data. The decentralized name system will be censorship resistant. DIONS which is part of the I/O Digital suite of tools enables the creation of arbitrary key / value pairs. Thus the I/O Digital blockchain provides a decentralised DNS database. Names can right now, be referenced as domain records by using our own or even 3rd party APIs. There is no restriction on the form of our DIONS aliases, they can take any arbitrary form and be transferable between users. The DNS records may be for example A records, CNAME or MX records. Thus our blockchain provides a ready made DNS database upon which our own or even 3rd party APIs can be employed. (This can also reduce network traffic in terms of DNS queries) DIONS will allow for private creation of aliases and identity storage (so called ‘private aliases’ which can be made public at will by the user). A private alias will provide users an added layer of privacy at the time of creating an alias. In this way, users can create both public and private usernames with which transactions can take place. Combining a unique, memorable ID with their brand name to receive I/O Coin payments will be highly beneficial to individuals and business alike.

Businesses, as well as being able to make use of their own brand names, can now use unique human readable IDs to serve as a customer’s, invoice or reference numbers (e.g. HSBC:8008135). This provides a more familiar format for customers accustomed to the naming conventions of email or websites. It also allows businesses to benefit from vastly reduced fees and the robustness and easy auditability of a decentralized distributed database.

Data Storage

I/O Digital’s Blockchain also helps manage intellectual property rights, certificates of authenticity and condition reports. A hash value included in an I/O transaction can serve as Proof of Existence for any digital file, with the timestamp of hash value serving as an immutable proof. The data storage feature along with an arbitrary key allows users to input data within the HTML5 wallet either through keyboard or ‘File Upload’ option.

I/O Digital Ecosystem – Protecting Individual Freedoms In Blockchain

Our I/O Digital Ecosystem has the capability for encrypted communications approved by the NSA for levels up to “Top Secret”. It offers a unique feature in self contained RSA public key cryptography over the blockchain. The I/O Digital team has built the first RSA public key communications system with AES 256 fully integrated over the blockchain for world-wide secure communications. Thus it can be viewed as a replacement for gpgtools (which has been widely used throughout the world for over 17 years), with the blockchain * replacing * all central key servers, for a completely decentralized means of encrypted communication.

“[…] the potential user base for this is huge, we have built the Blockchain version of GPGTools and there will be no more centralized key servers needed, literally everything is decentralized […] Furthermore, nobody has been here before by ensuring the ability to protect individual freedoms through strongly encrypted communications and we’re tremendously excited” –

I/O Digital development Team

Developers through third party APIs could use DIONS to allow encrypt/decrypt, sign/verify and import keys from text selections, files, folders, images, audio for censorship free transmission across the worldwide network that I/O Digital already has become.

“… Users the world over can now safely and securely transmit photographic images, audio recordings, news reports or indeed any arbitrary data content across the world over Blockchain by using our Ecosystem.”

– I/O Digital development Team

DIONS opens up great opportunities for businesses who can create their Proof of Concept around the I/O Digital Blockchain technology and figure out if Blockchain is interesting for their services. There is a bright future ahead for Blockchain development and services.

An award winning team

The I/O Digital Development team and IOC have won the public award in the Blockchain category of the Euro Fintech Awards. They have also made it to the finals of the Benzinga FinTech awards. I/O Digital was recently listed in the KPMG / H2 ventures FinTech top 100 as an Emerging Star.

The team of I/O Digital are all highly experienced industry professionals who know how to get results, deal with technological challenges and secure a place in the Blockchain ecosystem with their technology.

I/O Digital’s ultimate goal is to have companies use their blockchain technology to gain a competitive advantage by creating a synergy between services and operate with fewer costs while adding new services to their portfolio.

Learn more about I/O Digital Foundation and its projects at – www.iodigital.io
More information about I/O Coin (IOC) is available at – www.iocoin.io

Media Contact

Contact Name: Richard Groen
Contact Designation: COO
Company Name: I/O Digital Foundation
Contact Email: marketing@iodigital.io
Location: Amsterdam, Netherlands

I/O Digital Foundation 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 consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Byteball to Give Away Its New Cryptocurrency for Free to Bitcoin Holders on Christmas Day

Bitcoin Press Release: Byteball cryptocurrency platform to offer Bytes tokens proportional to users’ Bitcoin holdings on December 25, 2016.

December 8, 2016, Moscow, Russia – The cryptocurrency platform Byteball has announced its upcoming launch on December 25, 2016. As a part of its launch offering, Byteball will allow Bitcoin users to claim fresh Bytes (Byteball’s crypto tokens), proportional to their respective Bitcoin balances on the day of Christmas. The platform will take into account the status of Bitcoin distribution across the network, as available on the first Bitcoin block mined on December 25.

Byteball, the cryptocurrency platform for decentralized storage and transfer of value, is built on Directed Acyclic Graph (DAG) instead of blockchain like other existing cryptocurrencies. The absence of blockchain helps Byteball avoid block size related scalability issues, which Bitcoin is currently facing. In order to receive free Bytes, members of the Bitcoin community will have to prove their Bitcoin balance and link the addresses with that of Byteball before December, 25.

The unique cryptocurrency platform can be used to issue assets representing debt, shares, commodities, etc. Regulatory compliance can be easily achieved through a multi-signature process that requires the issuer to co-sign all transfers. Byteball also makes allowance for the creation of untraceable assets where transaction information is conveyed directly from payer to payee, and only hashes are stored on a public database.

The developers of Byteball have created an entire cryptocurrency ecosystem, including an easy-to-use smart contracts platform, cryptocurrency wallets, bot supported e-commerce, and more. The platform already has a running testnet. Like blockchain, DAG is decentralized and the information stored on the Byteball is immutable. Developers of the platform have set a maximum cap of 10^15 Bytes, out of which 98 percent will be distributed among the community members.

About Byteball

Byteball is an initiative of a Moscow, Russia-based development team. The innovative cryptocurrency uses DAG structure instead of the conventional blockchain, eliminating scaling issues. It is a complete cryptocurrency ecosystem set to go live on the Christmas day of 2016.

Learn more about Byteball at – https://byteball.org
Byteball on BitconTalk – https://bitcointalk.org/index.php?topic=1608859.0
Follow Byteball on Twitter – https://twitter.com/ByteballOrg
Byteball’s Slack channel – http://slack.byteball.org

Media Contact

Contact Name: Anton Churyumov
Company Name: Byteball
Contact Email: byteball@byteball.org
Location: Moscow, Russia

 

Byteball 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 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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ARK Cryptocurrency Platform Unveils New Testnet along with Mobile and Desktop Clients

Bitcoin Press Release: In an industry’s first, ARK cryptocurrency platform has announced the launch of its public testnet along with mobile and desktop clients.

December 8, 2016, Lons-le-Saunier, France – ARK Crew, the team behind ARK blockchain ecosystem has unveiled the first publicly available test network. The platform currently in its final stages of ICO — ARK Token Exchange Campaign (TEC) has been setting an example in the cryptocurrency industry.

Earlier, ARK made its source code public on GitHub while the platform is still under development. The testnet’s alpha version is accompanied by the launch of custom, open source mobile and desktop clients. Few other improvements include updates to the core voting mechanism and network technology behind DPOS algorithm.

Being a completely open source platform, ARK Crew has made the newly launched desktop and mobile wallet platforms available on its official GitHub account along with ARK Core technology. Users can freely download and test all the three clients during the initial test phase and provide feedback before the full launch in February 2017.

Unlike Ethereum, Lisk, and other cryptocurrency platforms, ARK has developed several unique features like SmartBridge — a new technology that enables seamless integration of cross-blockchain operations. The SmartBridge feature will also allow more sophisticated communications compared to previous proposals like two-way pegs in Bitcoin-based side chains.

The public testnet will be officially released on December 9, 2016, at 1900 UTC. Soon after the release, it will be available on ARK’s GitHub account for community members to download and set up their first network nodes. Those registering will effectively become active delegates of ARK network. The tutorials, to be launched along with the testnet, combined with ARK Crew’s availability on official Slack channel and ARK Forums will provide the much-needed guidance to the community.

The ARK TEC will be ending on December 11, 2016. Investors interested in being part of the ARK ecosystem can participate the ICO with Bitcoin, Lisk or any other cryptocurrency supported by Shapeshift platform.

About ARK Ecosystem

ARK is a new cryptocurrency ecosystem focused on consumer adoption through a series of innovative core technology advancements, practical applications for everyday use, and strategic partnerships with industry leaders. By utilizing the ARK SmartBridge, ARK will be able to link together existing blockchain technologies into the ARK Ecosystem and build a robust platform that will bring a new level of user interaction.

About ARK Crew

The ARK Crew is a community driven development team of 30+ individuals located in 15 separate countries, dedicated to the success of the ARK Ecosystem and the next generation of integrated cryptocurrency and blockchain solutions. With diverse backgrounds, including engineering, medicine, education, front-end, and back-end development, the ARK Crew has a robust team of diverse experts unlike any other in the space.

Learn more about ARK Ecosystem at – http://ark.io/
Meet the ARK Crew at – https://ark.io/#team
Access ARK Whitepaper at – https://ark.io/whitepaper
ARK TEC ICO website – http://tec.ark.io/
Watch about ARK on YouTube – https://youtu.be/UWCsAFGnv5c
ARK on Slack – http://arkecosystem.slack.com/
ARK GitHub profile – https://github.com/ArkEcosystem

Media Contact

Contact Name: Travis Walker
Contact Email: PR@ark.io
Location: Lons-le-Saunier, France

 

 

ARK 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 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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Referral Foundation Brings Blockchain Technology to Referral Marketing Industry

Bitcoin Press Release: Referral Foundation is creating opportunities for the referral marketing industry by educating them about the potential of digital currency and blockchain technology.

December 7, 2016, London, England – Referral marketing is one of the oldest forms of marketing involving word-of-mouth promotion where the promoter is incentivised for bringing more people on board. Referral Foundation is on a mission to upgrade the industry by introducing it to blockchain technology. It also provides early insights into the adoption of digital currency and its impact on the referral marketing industry.

A neutral and independent entity, Referral Foundation is the creator of ReferralCoin, the first decentralized digital token targeted towards the multibillion-dollar referral economy. ReferralCoin is designed to meet the challenges and requirements of the rapidly expanding referral economy which has transformed since the spread of social media. With the use of blockchain technology, Referral Foundation presents dedicated solutions to create opportunities and benefits for network marketing and affiliate sales.

The ease of transactions and transparency associated with cryptocurrency technology is being leveraged by Referral Foundation to further accelerate the market growth. The ReferralCoin based payments system is ideal for satisfying the needs of complex payment structures implemented in network and referral based marketing setups.

The industry and cryptocurrency community members can join Referral Foundation as vendors, developers, publishers or sponsors. Referral Foundation welcomes new members to join its growing community to be part of the imminent revolution by involving themselves in Awareness, Networking activities, and other Projects.

About Referral Foundation

The London-based cryptocurrency startup, Referral Foundation is introducing cryptocurrency and blockchain technology to the referral marketing economics. The platform is involved in educating the industry on the potential of digital currency.

Learn more about Referral Foundation at – http://www.referralfoundation.com
Learn more about ReferralCoin at – http://www.referralcoins.com/index.html
ReferralCoin Whitepaper – http://www.referralcoins.com/whitepapers.html

Media Contact

Contact Name: Steve Dryall
Company Name: Referral Group Ltd
Contact Email: info@referralfoundation.com
Contact Phone: +7-960-2744377
Location: London, England

Referral Group Ltd. 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 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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Free 10 BTC Tournament Entry at mBit Casino

MBit Casino has been recognized throughout the Bitcoin community for hosting many large winners over the years. These have all been possible through slots and table games. This month however, there will be a few more big winners coming in the form of a tournament. The results will be updated throughout the month on this page.

The casino is giving away a total of 10 BTC in prizes this December to 30 lucky winners. You can be entered into the tournament by simply playing at their casino. The contest is set to start December 1st and will run through the month, ending December 31st at 11:59 PM UTC. To become eligible, just play any slot games at www.mbitcasino.com. The top 30 players who wager the most throughout the month will share in this massive prize pool.

Tournament Prize Pool

1st Place: 1.75 BTC
2nd Place: 1.25 BTC
3rd Place: 1.00 BTC
4th Place: 0.750 BTC
5th Place: 0.500 BTC
6th-10th Place: 0.300 BTC
11th-20th Place: 0.200 BTC
21st-30th Place: 0.125 BTC

MBit Casino has a large selection of slot games from top providers like Endorphina, GameArt, Habanero, Mr. Slotty, NetEnt, SoftSwiss, iSoftBet and many others. With exciting bonus features, huge jackpots and re-spins, it will keep you entertained for hours on end. These slot games are available to play by betting as little as 0.25 mBTC and as large as 150 mBTC or higher.

The online casino also has one of the leading VIP Programs that rewards its players at all levels, which is one of many reasons that high rollers have been moving their action to mBit Casino for some time now. They also offer 24/7 live chat support, so there will always be someone around to help you.

 

mBit Casino 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.

 

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Status and Etherisc Named Winners of the Blockchain Startup Contest

Bitcoin Press Release: Status and Etherisc selected as top two startups at the recently concluded Blockchain Startup Contest.

December 5, 2016, Singapore – BlockchainHub has announced Status — an Ethereum mobile client, and Etherisc — a decentralized insurance application as the two main winners of Blockchain Startup Contest. The winning teams received an award of €15,000 each.

The Blockchain Startup Contest saw participation by contestants from over 29 different nations showcasing a variety of blockchain use cases. Out of over 80 applications, 20 teams made it to the finals, to be judged by their pitch and live Q&A session. The jury, made of eight thought leaders from within the industry evaluated these startups based on multiple criteria including business idea, business model, market timing, social impact, team, and execution.

The Blockchain Startup Contest was conceptualized by the BlockchainHub Graz and all prizes were awarded in Ether (ETH) to winners, as a demonstration of the near real-time cross-border payment capability of Ethereum Network.

“We were amazed by the amount, diversity and quality of the 80 applications received from 29 countries. Most projects share not only the Blockchain as a technical foundation but also the common goal to make the world a better place,”

Commented Thomas Zeinzinger, Co-Founder of BlockchainHub Graz. Zeinzinger continued saying,

“We thank everybody for their participation, swift interaction and support to make this a great event and look forward to future co-operations with startups and companies all over the globe,”

The co-founder of Status, Carl Bennetts while expressing his appreciation for the Ethereum platform and the Blockchain Startup Contest said,

“We couldn’t be more excited at the prospect of bringing Ethereum and decentralized technologies directly to the general public. It’s pleasing to see initiatives like this one encouraging a transition towards decentralization —  they provide a valuable service not only to startups in the industry but also in exposing more established institutions to the potential of blockchains.”

 Similarly, one of the co-founders of Etherisc — Stephan Karpischek said,

“It is hard to overestimate the impact that blockchain will have on the insurance market. We build smart insurance applications on Ethereum. While we knew that we are onto something big here, we now feel humbled to win in such a great competition. This is a great motivation for us to continue with making insurance processes more efficient, transparent and fair.”

 

About the Blockchain Startup Contest

The event was organized by the BlockchainHub Graz, a collaboration between Lab10, Coinfinity, and MakerSpace, and was sponsored and supported by Energie Steiermark, Steiermärkische Sparkasse + Erste Bank, eCounting, KaPa Ventures and the City of Graz.

About Status

Headquartered in Singapore, Status is an open source project that combines a messenger, wallet, and DApps browser for the mass market to begin using cryptocurrency and decentralized applications directly from their Android or iOS devices. Status will be launching an API and developer tools at the end of Q1 2017, enabling DApp developers to reach new users through its open, decentralized platform.

About Etherisc

Etherisc builds smart insurance applications on the blockchain, with the goal to make insurance processes much more efficient and fully transparent. At devcon2 in Shanghai in September 2016, Etherisc demonstrated the benefits of a fully automated process with the flight delay DApp. Now it aims to extend this model to other insurance verticals and provide investors with a truly peer-to-peer and decentralized insurance market.

Learn more about BlockchainHub Graz at – https://blockchainhub.net/graz/
Learn more about Status at – https://status.im
Learn more about Etherisc at – https://fdd.etherisc.com

Media Contact

Contact Name: Chase J. Thompson
Company Name: Status Holdings Pte. Ltd.
Contact Email: chase@status.im
Company Location: Singapore

Status 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 consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.