Author: Katharine Sharpe

Community-Based Crypto Platform Could See Crypto Assets Used For USD Loans

Celsius, a community-based borrowing and lending platform, aims to put members’ interests as the priority instead of profits. They are creating new financial products with the aim of achieving this goal. In the current financial world, banks and other money lending institutions charge far more in loan interest than they return to customers in deposit interest (even on dedicated ‘high interest’ savings accounts). But with this being the established model, there really is no other choice for both borrowers and savers but to accept the de facto rule of the banks. Celsius is looking to redress this relationship and...

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Decentralized Video Surveillance Company Promises to Detect Threats Ahead of Crimes

A new platform aims to make surveillance cameras ‘smart’, using enhanced facial recognition, object detection and real-time video analysis. In the US alone, the video surveillance market is projected to be valued at $75.64 bln by 2022. In reality, these cameras cannot prevent crime from taking place in real-time, and this could be about to change, states Faceter, the company behind the platform. ‘First decentralized surveillance system’ Faceter states that they are the ‘first decentralized surveillance system for consumers’. Their aim is to create a smart surveillance system, using their established computer vision technology, that is actually affordable and...

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Platform Plans to Unite World Karate Community Through Blockchain and Cryptocurrency

Global karate organization BoutsPro aims to bring together an estimated 190-mln strong karate community by using Blockchain. As there are so many different styles of karate, there are many different governing organizations (Such as ITKF, WKF and WFF) overseeing tournaments and rankings. The BoutsPro white paper outlines how bringing all elements together needs a strong fund management system which can generate revenue from multiple sources, for example, sponsorship and advertisements. The company highlights how the teaching of karate differs from other mainstream sports such as football, where players can get started and develop without the need for direct contact...

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Company To Link Gold Trade Payment Methods With Cryptocurrency Techniques

KaratBank is creating a new Blockchain-based cryptocurrency based on the ancient legacy of gold. Whilst not readily used in trading today, gold has traditionally been viewed as a safe and secure investment. Combining this historical method with the most modern, cryptocurrency, may not seem like a likely partnership. However, a new company is doing just that. KaratBank claim that they take the advantages of gold trading and apply it to cryptocurrency. They highlight that gold is a trusted means of investment worldwide, is limited in quantity (which can push up value) and is also stable in price. By linking...

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Blockchain-based Artificial Neural Networks To Save Thousands Of Lives From Medical Errors

When we consider quite how far medicine has developed worldwide in the past century, it could be easy to become complacent and assume that we have advanced our treatment methods and capabilities as far as possible. However, a 2016 study revealed some quite shocking statistics regarding healthcare mistakes; namely, that 250,000 US citizens were killed every year from medical errors, such as misdiagnosis or incorrect dosage administration by healthcare professionals. This technically puts it at the third largest killer in the US, behind heart disease and cancer. Estimates of the economic costs of these mistakes reach up to $20.8 bln annually....

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New Cryptocurrency Debit Card Harnesses AI To Give Customers The Best Deal

The increasing ability to pay for products and services using cryptocurrency debit cards is a physical representation of the rise in crypto popularity. However, they are still relatively rare and at times complex; with so many cryptocurrencies available in conjunction with market volatility, it can be difficult for traders to know how best to utilize the contents of their cryptowallets when making purchases. Amon is a financial cryptocurrency platform that looks to solve this issue using their unique payment card which utilises artificial intelligence (AI) to ensure that users get the best value from their cryptowallets with every purchase....

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New Project to Tackle Crypto Energy Crisis by Generating Electricity Through Waste

sponsored The company intends to produce their own energy and apply their own fixed price to sales, leading to a standardization of fees. As the cryptocurrency market expands, so too does the volume of energy required to maintain it. If the Bitcoin market alone continues to progress at its current rate, it will soon consume more energy annually than countries such as Peru. One potential solution to this issue is renewable energy; and that is where 4NEW hopes to come into play. Describing themselves as ‘world’s first eco-friendly, tangible, waste to energy Blockchain solution,’ 4NEW’s premise is to take waste products...

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Green Mining Company To Reduce Coin Generating Energy Costs By Harnessing Renewable Power

Mining equipment is available to buy from consumer to professional level, and each of these technologies brings a significant energy cost. In Iceland, the volume of energy used for Bitcoin mining will soon likely exceed the volume used to power its houses, Cointelegraph recently reported. Cointed, the world’s largest provider of Bitcoin ATMs, aims to lead the way in more sustainable coin generating methods. Bridging the gap between crypto and the real world By harnessing hydro and wind power, Cointed has pioneered ‘green mining’ with their machines in Austria and Sweden. These mining machines are custom-made and specifically designed...

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How a New Blockchain-Based Project is Trying to Build the New Internet

As Bitcoin led the way as the mainstream cryptocurrency after its inception in 2009, many ‘altcoins’ were founded on the basis of its success. They all claim to be superior in some way to the defacto most popular option. In this instance, Skycoin has taken it further and built a whole multi-layered project around their currency; claiming, in fact, to have ‘built the new Internet.’ “The world deserved a better cryptocurrency” The team says that in 2012 they decided the world ‘deserved a better cryptocurrency,’ and using Satoshi’s ‘original vision’ for Bitcoin (decentralized over thousands of computers), built a crypto...

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Blockchain Platform to Allow Workers From Low-income Countries to Earn as Data-labellers

The proliferation of artificial intelligence  (AI) technologies continues to march onwards as AI becomes a globally established industry. However, these billions of dollars in AI revenue are rarely seen by those working at the lower end of the AI workforce. Dbrain, a new Blockchain platform, allows anyone with a smartphone to carry out AI-related tasks and be rewarded with cryptocurrency. Coins for validating datasets The company points out that 80% of AI development is data related, and labelling and maintaining these datasets require a lot of human effort. By creating this platform, Dbrain say they can enable those in...

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