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Nervos begins mainnet preparation with Bitpie crypto wallet partnership

CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceNervos, a layered blockchain network for the decentralized economy, today announced a new partnership with Bitpie, a leading multi-chain cryptocurrency wallet which will support Nervos’ native CKByte tokens at mainnet launch in Q4 2019. CKByte token holders will also have access to Bitpie’s wallet services, which securely manage billions of dollars in crypto-assets. “We are […]https://www.cryptoninjas.net/2019/07/09/nervos-begins-mainnet-preparation-with-bitpie-crypto-wallet-partnership/
CryptoNinjas

Crypto Exchange Huobi Unveiled a Public Blockchain for Decentralized Financial Services

Major cryptocurrency exchange Huobi is developing a new public blockchain focused on decentralized financial (DeFi) services in collaboration with Chinese blockchain startup Nervos, according to a press release on July 1. The joint initiative, provisionally named Huobi Finance Chain, is set to operate as a regulatory-compliant financial blockchain network that allows enterprises, financial institutions, as well as exchanges to deploy their own blockchains, tokenized assets and DeFi services. The project will enable regulators to be able to join the network and contribute to it as validators. To ensure full regulatory compliance, the chain will feature requirements including decentralized identifier (DID) and implement identity protocols such as Know Your Customer (KYC) and Anti-Money Laundering (AML). It is expected that Huobi Finance Chain will host lending services, debit services, stablecoins, security token offerings (STOs), as well as other means of asset issuance, decentralized exchanges (DEXs) and real-world payment services. The project is expected to open source in Q3 this year, launch its testnet in Q1 2020 and mainnet in Q2 2020. “Although Huobi is currently a leader in the cryptocurrency industry, this industry is likely to undergo far-reaching changes in the future. Exploring public chain technologies and business models both keeps us innovative and serves as a strategic defence.” Said Leon Li, CEO and founder of Huobi Group. Earlier this year, another leading crypto exchange – Binance – has launched its public blockchain Binance Chain and been expanding its ecosystem based on it. According to Leon Li, Huobi chooses to partner with the best public blockchain teams, instead of building the new chain behind closed doors. Its partner Nervos Network, founded by a former researcher and developer at the Ethereum Foundation, is a low-profile blockchain startup yet with high reputation in China. In 2018, the company raised $28 million from big name investors including Polychain Capital, Sequoia China, etc. It seems everyone in crypto has been talking about DeFi – the notion that crypto entrepreneurs can recreate traditional financial instruments in a decentralized architecture without companies’ and governments’ control. Big crypto enterprises especially exchanges are scrambling to seize this business opportunity based on their advantages and resources accumulated in the industry. Apart from bring DeFi to the masses, Huobi is also continuing its global expansion plan, saying it will be moving aggressively into Turkey where 20% of the population hold cryptos.
8BTC

Huobi and Nervos Partner On A New Public Blockchain For Decentralized Financial Services

SINGAPORE, July 1, 2019 /PRNewswire/ -- Huobi Group, a leading global blockchain services provider, today announced a partnership with layered blockchain network Nervos to develop a new public blockchain focused on decentralized financial (DeFi) services.  The project, provisionally named Huobi Finance Chain, will be a regulator-friendly, high-performance financial blockchain that allows enterprises, financial institutions, and exchanges to deploy their own blockchains, tokenized assets, and DeFi services. Among other applications, the project will have the potential to host lending services, debit services, stablecoins, security token offerings (STOs) and other means of asset issuance, decentralized exchanges (DEXs), real-world payment services, and more.  Nervos is providing the technology for the new blockchain platform, which will be launched in partnership with Huobi as part of a joint initiative to accelerate the future of decentralized finance. The project is expected to open source in Q3 this year, testnet launch in Q1 2020, and mainnet launch in Q2 2020.  "The mission of Huobi Group is to make finance more efficient and make wealth accessible to all," said Leon Li, CEO and Founder of Huobi Group. "This project is not only in line with Huobi's overall strategy, but it also fulfils our core mission. From a strategic point of view, decentralized financial services are still in an early stage of development. The market demand is clear, however, and we believe this is a very definite business opportunity. During the past six years, Huobi has accumulated a ...Full story available on Benzinga.com
Benzinga

Crypto exchange Huobi to launch its own public blockchain for decentralized financial services

Singapore-based cryptocurrency exchange Huobi is set to launch its own public blockchain network focused on decentralized financial (DeFi) services, following the lead of  Huobi has partnered with blockchain startup Nervos for the initiative. Together, they will build "FinanceChain," which will allow financial firms and exchanges to deploy their own blockchains, tokenize assets and offer DeFi services. FinanceChain will also support hosting of lending services, stablecoins, security token offerings (STOs) and decentralized exchanges (DEXs), as well as payment services, according to the announcement. "More and more assets are being tokenized and moved to the digital world, including both native cryptocurrencies and traditional physical assets," said Kevin Wang, co-founder of Nervos, which is backed by notable investors, including China Merchant Bank, Polychain Capital and Sequoia China. The announcement follows a similar development at the world's largest cryptocurrency exchange Binance. The firm also launched its own public blockchain network called Binance Chain, aiming to facilitate faster token issuance and simple asset transfer. Still, Huobi appears to be directly targeting Wall Street-like firms with its initiative.  "The financial industry is now at an inflection point, and together with Huobi, we're well positioned to help it modernize its services for the decentralized future," Wang said. FinanceChain is expected to open source in Q3 this year, with testnet launch scheduled in Q1 of 2020 and mainnet launch in Q2 of 2020, per the announcement. It will also support decentralized identifier (DID) and implement Know Your Customer (KYC) tools to meet Anti-Money Laundering (AML) requirements to ensure regulatory compliance, Huobi said, adding that regulators will also be able to join the network as validators. "Mainstream blockchain systems (such as BTC, ETH, EOS, etc.) lack comprehensive support for regulation and compliance, limiting their use in the compliance market," said Leon Li Lin, Huobi's founder and CEO, in a separate blog post on Sunday. Investing banking giant JPMorgan also launched its own crypto-like token called JPM Coin earlier this year, aiming to speed up payments and trading settlements. “We believe that a lot of securities over time, in five to 20 years, will increasingly become digital or get tokenized,” Umar Farooq, JP Morgan’s head of digital treasury services and blockchain, said last week.  Goldman Sachs CEO David Solomon also recently said that the bank could “absolutely” play a role in cryptocurrency disruption and hinted it might be interested in issuing a digital asset similar to JPM Coin in the future.
The Block Crypto

NERVOS | BlockchainBrad Interview | NEW Crypto Economy | SOV Smart Contract Blockchain Platform

BlockchainBrad talks with Nervos Co-Founder Kevin Wang about a layered crypto-economy network. Nervos separates the infrastructure of their crypto-economy into two layers: a verification layer (layer 1) that serves as a trust root and smart custodian, and a generation layer (layer 2) for high-performance transactions and privacy protection. Nervos Common Knowledge Base (CKB)is a public permissionless blockchain & the Nervos CKB uses a simple state model called Cell Model. Nervos Network tackles the scalability trilemma by separating state generation and state verification/storage in a layered architecture and the CKB-VM is a new blockchain VM that adopts RISC-V instruction sets, written in Rust. Kev puts forward a clear case why smart contract platforms should be Store of Value (SOV) frameworks. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● ►Join The BCB Tele https://t.me/BlockchainBradCommunity ► Follow on twitter: https://twitter.com/Brad_Laurie ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Links: Telegram: https://t.me/nervosnetwork Twitter: https://twitter.com/nervosnetwork Medium: https://medium.com/nervosnetwork Website: https://www.nervos.org/ ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● timestamps: 0:06 Intro 0:30 Overview 6:25 Multi-asset Platform 8:40 Token utility 18:20 Layers 21:20 Scaling 22:50 Security 29:02 Consensus  34:22 Team 40:07 Economics 48:02 The Raise 52:00 Revenue  1:02:01 Roadmap 1:03:40 TGE 1:06:21 Wrap-up ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● 📧Want contact me? Perhaps for an interview or Crypto Collab? Send an email to: blockveracontact@gmail.com. This is a new media entity we are building to inject more truth, trust & transparency in the space. All for one better #crypto community. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● 🏺Donations: Wanna donate to a new Media Platform we are building for the people. It is called BlockVera. Your support, however small is MASSIVELY appreciated. Here's a donation ETH address: 0x8392C2d402417A0B22F270c57206d3D6ffcE71eC ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● INVESTMENT DISCLOSURE: I have not invested in this project, not yet. This is not Financial Advice. #DYOR always. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● PAYMENT/DONATION DISCLOSURE: This was 100% free and I received no financial compensation from the Nervos Team for doing this video; not in fiat, tokens or any form on payment. Since several months ago, I decided to do only free content unless legitimate LONGTERM ambassadorships were involved. I believe that sponsored content is not a problem if disclosed, but this was NOT sponsored and there was absolutely no compensation received in any way, shape or form for this interview that I receive. This is not Financial Advice. Please #DYOR ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● GENERAL DISCLAIMER: The information provided is not to be considered as a recommendation to buy or invest in certain assets or currencies and is provided solely as an educational and information resource to help traders make their own decisions. Past performance is no guarantee of future success. It is important to note that no system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using the attached material will guarantee profits or ensures freedom from losses. BlockchainBrad shall not be liable to the participant for any damages, claims, expenses or losses of any kind (whether direct or indirect) suffered by the participant arising from or in connection with the information obtained this website or directly from the website owner. #Nervos #BCB #SOV #Blockchain #SOVSmartContracts #BlockchainBrad #PoW
Blockchain Brad

Sequoia Capital China Leads $28M Private Placement Financing In Public Chain Nervos Network

Nervos Network, the public chain project, announced today that it has received US$28 million in private placement financing led by Sequoia Capital China and Wanxiang Blockchain, according to its official announcement. Other investors include the U.S. cryptocurrency investor Polychain Capital, token angel fund 1kx, Blockchain Capital, Multicoin, and Matrix Partners China, Ceyuan Ventures, imToken and others. This round of financing will be used to develop products and the teams, accelerate the development of business blockchain solutions and expand the strategic … Sequoia Capital China Leads $28M Private Placement Financing In Public Chain Nervos Network appeared first on China Money Network.
China Money Network

ICO Analysis: Nervos

Among blockchain thinkers and scholars, it is quite established that it is not possible to increase security, decentralization, or performance without sacrificing one (or both) of the others. On the other hand, some huge improvements of these properties are needed for mainstream adoption as the biggest blockchains such as Bitcoin and Ethereum have quite low […] The post ICO Analysis: Nervos appeared first on Hacked: Hacking Finance.
Hacked

ICO Review: AnkR, HyperNet, Harmony, Taraxa, Nervos, Tari

ICO Categories Article by "CryptoGo" (in German): https://goo.gl/DbRJJX 🚨 👉Coin Bloq Alerts Group: https://t.me/CoinBloqAlerts 🎉👉 Coin Bloq Telegram Group: https://t.me/CoinBloqGroup 📈👉Coin Bloq Spreadsheet: https://goo.gl/bYHpxb In today’s episode Coin Bloq will review the AnkR, HyperNet, Harmony, Taraxa, Nervos and Tari ICO’S. ICO, Cryptocurrency, blockchain, and altcoin investing offers new crypto entrants a high risk, high reward strategy that has the potential to net them untold riches or mire them in loss and despair. The savvy crypto investor looks for undervalued altcoins, and cryptocurrency projects that have a greater ROI relative to more established rivals such as Bitcoin, Litecoin or Ripple. Coin Bloq will consider the merits and potential obstacles of altcoin investing and asks whether the markets they seek to serve are non-existent or over-saturated. Crypto investing is littered with new and exotic sounding terms - tokenize this, blockchain that, etc. No wonder new investors gasp in desperation as they try to understand the incomprehensible! Each week, Coin Bloq looks at six competing ICOs and ask whether they actually solve a problem, whilst comparing them to previous ICO projects. Supply and demand, basic economics and a sound understanding of market psychology are all taken into account and investigated by Coin Bloq. DISCLAIMER: This is not financial advice. I am not Financial advisor. Please make sure you are visiting the correct website - I will not be responsible should you visit a bogus one. AnkR ICO https://www.ankr.network HyperNet ICO https://hypernetwork.io Harmony ICO (White Paper, no Website) http://simple-rules.com/harmony?utm_ Taraxa ICO http://taraxa.io Nervos ICO http://nervos.org Tari ICO https://www.tari.com ***** Coin Bloq is NOT Paid or Sponsored to Make these Videos ***** ⚡ No donations accepted! But if you would like to support me, please subscribe and consider sharing this vid. Thank you! :) ***Please Read the White Papers Before Investing*** ***If You Lose All Your Money We Are Not Liable***
Coin Bloq
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Fan tokens draw new users to crypto with the latest club addition, AS Roma

Blockchain is stepping further into the sports arena, as cryptocurrency company Socios partners with soccer team AS Roma to offer a fan token, according to a statement from the club.  The token will find its way to fans through the Socios app. There, it'll be tradeable against the Socios native token, $CHZ, currently listed on BitMax and KuCoin, as well as Binance DEX - Binance's decentralized exchange. The tokens are accessed on Socios.com, but housed on a separate permissioned side chain, where each club becomes a Node with Proof Of Authority (POA) from $CHZ. In order to access the club token through a Fan Token Offering, fans must first hold $CHZ. The move could open crypto to a wider user base, since the tokens allow fans to have a voice in their club. The tokens five supporters the right to vote on certain club decisions. They'll be set at a price of two euros, but fans can also earn them by interacting with AS Roma on the Socios app. Fans can also "hunt" tokens for free through the app's augmented-reality geo-location feature Token Hunt. However, AS Roma isn't the only club interacting with fans through crypto. Indeed, clubs from different leagues including Paris Saint-Germain, Juventus and West Ham United have all created fan tokens for supporters. Alexandre Dreyfus, chief executive & founder of Socios.com, said AS Roma's fan base along with other participating clubs draw hundreds of millions of users.
The Block Crypto

What does it take to be part of the next wave of Bitcoin Billionaires? Tim Draper answers

As crypto ecosystem consistently redefines its new peak in terms of adoption, fiat investors and new players are seeking opportunities to be a part of the next wave of Bitcoin Billionaires. One of the early birds, Tim Draper leads this space in terms of making sizable investments and returns in Bitcoin. Having complete faith in Bitcoin’s […] The post What does it take to be part of the next wave of Bitcoin Billionaires? Tim Draper answers appeared first on AMBCrypto.
AMBCrypto

Bitcoin Law Review - Blockstack's Reg A+, CFTC vs Bitmex, Gov't vs Libra/Crypto

https://ToneVays.com by @ToneVays https://twitter.com/ToneVays Topic 1: Reg A+ & Blockstack https://www.sec.gov/Archives/edgar/data/1719379/000110465919020748/a18-15736_1ex1a15addexhbd6.htm https://www.theblockcrypto.com/2019/07/12/blockstack-garners-reg-a-approval-but-that-doesnt-mean-crypto-icos-will-boom/ Leads into Topic 1a on Broker-Dealers & Custody https://twitter.com/philipliu/status/1149907881061302272?s=12 https://www.sec.gov/news/public-statement/joint-staff-statement-broker-dealer-custody-digital-asset-securities https://bitcoinmagazine.com/articles/op-ed-latest-finra-sec-security-token-custody-rules Topic 2: Government vs Libra/Crypto https://twitter.com/realDonaldTrump/status/1149472282584072192?s=09 https://www.cnbc.com/2019/07/18/first-on-cnbc-cnbc-transcript-treasury-secretary-steven-mnuchin-speaks-with-cnbcs-squawk-box-today.html https://www.cnbc.com/2019/07/18/mnuchin-says-us-will-ensure-bitcoin-doesnt-become-like-anonymous.html https://www.cnbc.com/2019/07/18/first-on-cnbc-cnbc-transcript-treasury-secretary-steven-mnuchin-speaks-with-cnbcs-squawk-box-today.html https://brianoflondon.me/2019/07/facebook-lied-about-the-cryptocurrency-industry-to-destroy-it/ https://www.youtube.com/watch?v=9-ZTkCNW0w8 https://www.cnbc.com/2019/07/16/i-like-bitcoin-says-house-gop-leader-mccarthy-hits-facebook-libra.html Topic 3: Crypto Exchanges https://www.bloomberg.com/news/articles/2019-07-19/u-s-regulator-probing-crypto-exchange-bitmex-over-client-trades https://twitter.com/notsofast/status/1151864421414838274?s=21 https://www.coindesk.com/ex-ceo-of-crypto-exchange-wex-arrested-in-italy https://www.coindesk.com/mt-gox-founder-hit-with-lawsuit-over-alleged-fraudulent-misrepresentation https://www.scribd.com/document/414569311/Steinmetz-Jones-v-s-McCaleb#from_embed https://www.thedailybeast.com/behind-the-biggest-bitcoin-heist-in-history-inside-the-implosion-of-mt-gox?ref=scroll Topic 3a - Update on Bitfinex vs NYAG https://ambcrypto.com/new-york-ags-court-filings-written-in-bad-faith-and-riddled-with-false-assertions-says-bitfinexs-rebuttal/ https://www.coindesk.com/bitfinex-ny-prosecutors-tether-850-million-allege https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=vIexA1b0spKOnK_PLUS_ZUGTJ3A==&system=prod https://breakermag.com/crypto-capital-is-the-common-thread-between-bitfinex-quadrigacx-and-other-troubled-exchanges/ https://decrypt.co/6824/crypto-capital-follow-up-article Topic 4: Crypto & Taxes (Time Permitting) https://www.carltonfields.com/insights/publications/2019/how-state-remote-sales-and-use-tax-statutes-may-im https://twitter.com/cryptotaxgirl/status/1148370522775797760?s=21 Topic 5: Other - Time Permitting https://www.journalofaccountancy.com/news/2019/jun/virtual-currency-not-fbar-reportable-201921479.html https://www.justice.gov/usao-sdny/pr/us-attorney-announces-arrest-and-money-laundering-charges-against-dark-web-narcotics https://cryptoslate.com/chinese-court-upholds-legal-bitcoin-ownership-btc-protected-china-property-law/ Closing Moment of Zen: https://twitter.com/Horsebox_1/status/1117955111219867648 Honorable Mention: https://www.sec.gov/corpfin/framework-investment-contract-analysis-digital-assets Please Support via Affiliate Codes: Unlimited Trading for $9 a Month at LVL: https://lvl.co/?r=kDpHhBmS Deribit to save 10% on Trading: https://www.deribit.com/reg-3221.4686 Buy/Sell Bitcoin at Paxful: https://paxful.com/?r=or4dNEDBBQX Trading View: http://tradingview.go2cloud.org/aff_c?offer_id=2&aff_id=4905&url_id=3 TorGuard VPN 50% off code & link = tone50: https://torguard.net/aff.php?aff=3782 Ugly's Lifetime Subscription: https://uglyoldgoat.com/?rid=4xyuzu Audio Podcast: https://itunes.apple.com/us/podcast/the-tone-vays-podcast/id1390209454?mt=2 See Regulation overview in each state here: https://www.carltonfields.com/state-regulations-on-virtual-currency-and-blockchain-technologies/ Tone Vays is available for Corporate Consulting at the rate of 0.3 btc per hour. Please email Tone@protonmail.ch for additional info.
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