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How AENCO Is Transforming The Healthtech Industry With Blockchain Technology

Health, being the single most important factor to good living, is at the top priority of every nation. Throughout the world, different government and private organizations are involved in the healthcare industry. With one medicine, from its planning to research, from development to approval and delivery to patients, a number of institutions are involved. All of them require capital to operate. Most organizations are well established, but it is the emerging and innovative health companies that are cash-strapped and require the most funds to continue operating and doing their research. AENCO, The Funding Solution AENCO is a decentralized platform that caters for these new and upcoming healthcare technology companies that show potential in their products. As a blockchain based global financing platform with a team that has decades of traditional financing experience, AENCO leverages healthcare technology companies with institutional financing, brokerage and smart capital solutions. AENCO envisions providing the best of financing to emerging Healthtech companies by using the power of blockchain and decentralized applications based on it to deliver funds. This way, the platform taps into a level of funds that are easier to raise, have little cost and lead to the generation of an increasing and rapidly growing ecosystem. How AENCO Works The AENCO platform works by creating three different and unique levels in its ecosystem: Global Community: This consists of users and participants of the platform. People, from end users of the platform, to investors would opt into the ecosystem through acquiring their propriety AEN token. AENCO Global Healthtech Financial Solutions: Consisting of three distinct applications, ranging from blockchain bank, brokerage and smart capital, this would use funds raised from the AEN tokens to generate capital for healthcare technology companies willing to work with AENCO. Healthtech Partners And Future Projects: Health technology companies would bank on the capital raising abilities of AENCO to fund their projects. These range from therapeutic to physical infrastructure to data analysis. Overall, the ecosystem would create opportunities for all, from investors to earn profits from technology development and sale, to emerging organizations to get cheaper and faster access to funds for their research and development. AENCO: Conception And History AENCO is the brainchild of Ian Huen and Darren Lui. Both are multi-talented with a wealth of experiences in their respective fields. Ian Huen has over 15 years of experience in managing assets at a global level. He has worked with the top institutional capital firms from around the world. In his career, he has been on board of a medical development foundation and as such, has gained valuable insight on raising funds for medical organizations. His education includes MA in comparative and public history, AB economics and CFA charter holder. Darren Lui, the other co-founder, is a man who has experiences in developing emerging companies, from financial investors to biotech and has worked with few of the top banks in the world, such as Barclays. Like his co-founder Ian, he is also a CFA and holds a chartered accounting degree, along with honors BSc in biotechnology. Seeing the rise of blockchain and its impact on the financial and other industries, the two founders decided to develop a platform based on decentralization that would help in raising funds for emerging healthcare technology companies. The AENCO Token and ICO AENCO, based on Ethereum blockchain, uses its proprietary, native token as a medium of exchange, called the AEN. The token will be used by the community participants to transact on the platform and invest in new projects. Out of the total 2 billion AEN tokens ever to be minted, 600 million are available on sale. The pre-sale is live at the moment, with a price of USD 0.10 and carries different levels of bonuses, depending upon the level of investment made. Investing in AENCO With the presale running at the moment, this is a good time to invest in the AEN coin. With the presale ending soon, not only will the amount of bonus be reduced, but the selling price will also go up. The AEN token has a lot of promise to create its demand and increase in value over time. As more and more people will join the platform, investors and healthcare companies, the result will be more liquidity and capital for the Healthtech companies. This will result in more research in healthcare, creating more demand of the token, since it will be the only mode of investing on the platform. The resultant difference in supply and demand will result in an increase in the value of the token. Investment in a volatile asset like cryptocurrencies is highly speculative. Like all investments, the future is indeterminate. Invest after a thorough self-study and only the amount you are willing to lose. Visit the website for more information: The post How AENCO Is Transforming The Healthtech Industry With Blockchain Technology appeared first on TechBullion.

3 Reasons Why Investors Should Keep An Eye on Aenco, A Financial Solutions Ecosystem for HealthTech

Investors have to keep their head on a swivel all the time nowadays. Innovative and disruptive technologiesare finding their way into a variety of new industries and nobody wants to miss the next Facebook, AirBnB, or Google to invest in. Disclaimer: This is a Sponsored Article Because of that, investors need to keep a careful eye on all sectors of the economy, not just tech startups and app development. Aenco (, a new blockchain-based startup, is developing a new multi-dimensional blockchain fuelled by its AEN token to cater for a diverse number of business sectors to build customisable blockchain applications, in particular, breaking into two emerging industries (amongst many others): medical technology and financial solutions. Aenco has a close focus on real life business and research applications and is already planning the launch of a number of follow on projects to drive its adoption in the market. Here are 3 reasons investors should keep a close eye on this latest startup. 1. Industry Ripe for Disruption The healthcare technology industry alone is estimated to be a roughly $400 billion industry globally per year. With a market of that size, many innovators in the healthcare sector are catching up in their pursuit of using blockchain applications to support their business lines growth and enterprise value. This is evident from the emerging medical data based blockchain companies coming onto the market since 2017. Unlike other tech-related industries that have undergone major disruptions in recent years, the healthcare and medical technology industry has remained largely untouched. The sharing economy and crowdfunding have taken over other areas of the economy (think Kickstarter, GoFundMe, Uber, Lyft, AirBnB, etc.) but the healthcare and medical technology industry is now becoming increasingly active in using blockchain. For the time being, this massive industry is mainly centered out of the United States and Western Europe. However, the industry is looking to leaders in emerging markets that are likely to take on a larger role in the future, especially from Asia. The Asian market is growing so much that McKinsey & Company projects that Asia will move to be the second largest medical technology market in the world by 2022. With all the capital in the healthcare technology field and future growth of the industry, this is one are that investors need to watch for innovators and disruptors. At this point, it’s only a matter of time. Aenco intends to tap into the market by bring together many deep-techaspects of the healthcare and medical technology sector onto its blockchain. According to Aenco spokesperson, they are working on a number of projects (which will soon be announced by the company in further detail) including the exchange of research data via their blockchain to disrupt the research market and also working on a (Aenco) blockchain driven drug development platform with a major pharmaceutical company for example. Each of these projects has already signed up to using Aenco Blockchain to power their underlying transactions, as well as launching their respective token offerings on the Aenco solutions platform. 2. One Stop Shop If there’s one thing retailers and other businesses can learn from the ongoing retail war between Amazon and Wal Mart, it’s that many of the most successful businesses offer everything in one place. Amazon has been focusing on introducing food to compete with the retail powerhouse and Wal Mart has been responding with tactics of their own. Both companies continue to offer more products and services in one place because the model has proven to work well: make the user experience easier and streamline it. Though not in the traditional retail sense, Aenco is focusing on streamlining more complicated industries by bringing them together under one end-to-end umbrella. Support by its blockchain, Aenco is also developing a number of financial applications: smart wallet (AEN Connect), ICO launcher platform, crypto exchange (AENX), collateralised crypto-lending platform (Prime) and OTC product generation platform (SmartCap), over the course of 2018 – 2019. The suite of blockchain applications will fully support a wide range of industries, in particular, delivering a number of high-impact healthtech projects sponsored by Aenco. In this respect, Aenco will shortly be announcing its collaboration with a healthcare real estate fund to construct healthcare and life science incubators across North America to facilitate research collaboration and intellectual property exchange. 3. Blockchain Technology Speaking of disruptions, blockchain technology has easily been one of the most talked about technological innovations across various industries recently. Robert D. Boroujerdi, an analyst with Goldman Sachs has described blockchain as one of the most disruptive technologies, saying: “[Blockchain] has the potential to redefine transactions and the back office of a multitude of different industries. From banking and payments to notaries to voting systems to vehicle registrations to wire fees to gun checks to academic records to trade settlement to cataloguing ownership of works of art, a distributed shared ledger has the potential to make interactions quicker, less-expensive and safer.” With companies of every size looking to roll out new, innovative solutions for problems with blockchain technology, this is another reason to watch out for Aenco. Aenco’s blockchain will support a new consensus algorithm to allow public mining on a permissioned chain, whilst maintaining industry competitive transaction speeds. It also plans to tackle “data clogging” issues that plagued a number of existing major blockchain platforms through novel algorithms. Aenco blockchain will also support API gateways that allow businesses to build customisable applications and side-chains to support their goals. Additionally, in being supported by its own blockchain, the ecosystem will be able to drive different kinds of applications in the future across the industry. Blockchain is already being implemented for solutions in supply chain management and secure data storage —these solutions can now be expanded to include the financing of emerging technologies (such as healthtech) and the way in which these companies develop their business ecosystems. The Takeaway Aenco has positioned itself uniquely with its multi-dimensional approach supported by its core expertise, investors should keep a close eye on this opportunity. By strategically placing itself at the corner of two major industries ripe for disruption—financial technology (fintech) and healthcare technology (healthtech)—Aenco is in a good position tousher in the next generation of ‘new economy.’ About Aenco AENCO is an emerging blockchain company, focusing on blockchain application development, with a sub-sector focus in financial solutions industry and healthcare technology industry. Aenco blockchain will bring together an end-to-end platform housing its IB, smartcap, prime solutions and blockchain application capabilities. The company targets to create an exciting environment and growth story through the disruption of traditional economic markets and complete integration across healthcare technologies with blockchain, digital finance and research collaboration models. Contact Website: Telegram: LinkedIn: Medium: Twitter: Facebook: Discord: YouTube: DISCLAIMER This article does not constitute a prospectus or offering document and is not an offer to sell, nor the solicitation of an offer to buy any investment or financial instrument in any jurisdiction. No regulatory authority has examined or approved any of the information set out in this article. No such action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction. This article contains forward-looking statements related to Aenco’s proposed operating model. The model speaks to its objectives only, and is not a forecast, projection or prediction of future results of operations. This article contains forward-looking statements which are based on certain assumptions and analysis made by Aenco in light of its experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties.
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Ravencoin Grows 20% And Continues to See RVN Token Surge in the Crypto Market

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Bitcoin [BTC] Futures in good stead against its Spot equivalent: Bitwise Report

Bitcoin [BTC] Futures were thought to be a snippet of the overarching cryptocurrency market, though meager in comparison to the larger spot market. A recent report from Bitwise Asset Management, the crypto-centric investment firm has stated otherwise. In a March 20 report presented to the United States’ Securities and Exchange Commission [SEC], Bitwise analyzed the Chicago Mercantile Exchange [CME], and the Chicago Board Options Exchange, with ten prominent cryptocurrency exchanges’ in terms of their trade volume. Prior to shedding light on their Futures versus Spot findings, it must be noted that the report revealed that 95 percent of the trading volume of unregulated exchanges were seemingly “fake and/or non-economic wash trading”. Taking into account this disparity, the percentage of futures volume to their spot equivalent increases from 1.51 percent to 33.33 percent. Reported Spot volume totaled $6 billion, but after removing the “suspicious exchanges”, the actual volume recorded dropped to $273 million, in comparison to the futures market volume of $91 million. Furthermore, the increase in futures’ volume as a percentage of the spot market has been steadily increasing. From November 2018 to January 2019, the futures market was just over 15 percent, and almost doubled in February 2019 to 33 percent. Since the Futures contracts were approved in December 2017, only on two occasions did the Futures volume, in comparison to the Spot market, shoot above 20 percent; this was in May and August 2018. Futures Volume expressed as a percentage of their Spot Equivalent In terms of their stand-alone trade volume, the CME and the CBOE are in good stead against the world’s top cryptocurrency exchanges. The daily volume the CME, which brings in $84.82 million, ranks second behind Binance’s $110.5 million and ahead of Bitfinex, which records $38.06 million in daily trade volume. The CBOE also fairs well, taking the ninth spot on the ladder, ringing in $6.12 million in daily trade volume. Gemini takes the eight spot with $8.11 million and itBit caps off the top-10 with $5.58 million in daily volume. Notable, among the top-12, eight exchanges are registered within the United States. Despite the CBOE’s comparative success against the spot exchanges’, it has not been performing well against its cross-town rival, the CME. This slump forced the CBOE to delist their Bitcoin Futures [XBT] for March 2019. However, the XBT futures that are yet to expire later in the year will not be off-loaded prematurely. Bitwise also points out that the CME Futures Price tracks the Global Spot Price based on an arbitrage model. Given below is a chart attesting the same: Arbitrage between the CME Futures price and the global Spot price The post Bitcoin [BTC] Futures in good stead against its Spot equivalent: Bitwise Report appeared first on AMBCrypto.

How Cryptocurrency Trading Volume Fiasco Can Lead to Bitcoin ETF Approval

The SEC has held the ETF approval for Bitcoin and Cryptocurrency for a couple of reasons. The most significant reason for the same has been the unregulated marketplace. While decentralization in Bitcoin is an attribute that makes it an ideal asset class, the market places or Exchanges that provide for conversion of FIAT to Cryptocurrency is still controlled by independent entities. A recent report by Bitwise Asset Management published by the SEC inferred that more than 95% of the cryptocurrency volume is being faked. Hence, according to that, the ‘actual spot volume’ on cryptocurrency exchanges is a little above $270 million. Moreover, the reported volume of CME and Cboe Bitcoin Futures is more than one-third of the ‘actual spot volume’ estimated by Bitwise. According to Bitwise Asset Management, This is good news because it means CME— a regulated, surveilled market— is of material size, which important for an ETF. The case of a Bitcoin ETF Approval Now CME Bitcoin Futures reported a spot trading volume of $85 million. Moreover, according to Bitwise Asset Management, the actual trading volume of the Crypto-to-FIAT Exchanges is around $273 million. Hence, according to this statistic the Futures Trading Volume of CME alone accounted for 31.1% of the ‘Actual Exchange Volume.’ Moreover, there are other Bitcoin Futures market active in Europe and Japan as well. Hence, going by the above statistic, it can be said that the institutional investment might be in parity with the unregulated investment in Bitcoin. However, the Exchanges have reported total spot volumes total to the tune of $6 billion. This can necessarily raise doubts on its demand being higher than $100 billion. However, it does not directly affect the total market capitalization of a cryptocurrency.   Parity Between Spot Trading of Bitcoin and Gold The spot trading volume of Gold is 0.55% of its total market capitalization, while according to Bitwise statistics spot ‘actual spot trading on Bitcoin is 0.39%. If the CME Futures volume is included in this data, the percentage will increase to 0.51%. The OTC trading volume on most exchanges is also not added in the Exchange Data. All this suggest that the institutional investment in Bitcoin is considerably more significant than one expects. It is not only healthy in volume but also agrees statistically with the closest relatable asset class, i.e., Gold. Hence, a new form of informational mechanics for the trading of Bitcoin and Cryptocurrency in regulated Exchanges could alleviate the doubts around the Bitcoin ETF approval.   The post How Cryptocurrency Trading Volume Fiasco Can Lead to Bitcoin ETF Approval appeared first on Coingape.

Top 5 Crypto Performers Overview: ONT, ADA, ETC, BCH, IOTA

Top 5 Crypto Performers Overview: ONT, ADA, ETC, BCH, IOTA The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. […] Cet article Top 5 Crypto Performers Overview: ONT, ADA, ETC, BCH, IOTA est apparu en premier sur Bitcoin Central.
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