Quote from: cfif on February 23, 2019, 08:39:45 PM

Quote from: Chief__Architect on February 23, 2019, 08:50:46 AM

Quote from: Darkoth89 on February 22, 2019, 11:13:01 PM

Quote from: lobat999 on February 21, 2019, 09:57:21 PM

Quote from: cfif on February 21, 2019, 11:42:58 AM

good news from SophiaTX.

"We are proud to announce the launch of E-XBRL! This financial reporting solution marks the first real-world business application of the SophiaTX Blockchain.
Yesterday, we officially announced the launch of our first product and first application of the SophiaTX Blockchain in business E-XBRL. The solution is designed to simplify and automate financial reporting and operates in line with the recently introduced Companies Commission of Malaysia (SSM) requirement for all public and private companies to digitally file their annual financial statements via the Malaysian Business Reporting System (MBRS) platform.
Heres how it works:

The E-XBRL solution focuses on accelerating and improving the accuracy of the financial reporting process by enabling users to bypass the cumbersome and costly process of manual data entry by auto-generating submission-ready reports from data input into the MBRS-ready master template developed for E-XBRL.

MBRS reports generated through E-XBRL are permanently recorded and encrypted on the SophiaTX Blockchain, allowing for the immutable sharing of data across the financial data supply chain while impeding data tampering and unauthorised revisions. Thus, data shared on E-XBRL is more accurate, consistent, and transparent than when pushed through paper-based processes which slow down productivity."

https://www.sophiatx.com/e-xbrl-launched-we-proudly-present-our-first-product/

The product release is probaply

I commend the SophiaTX team for this significant development that will increase productivity of its users. This is really awesome where in recent months bearish markets ,at least we hear good news like this from the blockchain industry.

And news like these where blackchain technology get adopted by real-world businesses is soo much more important than anything else. In the end this adoption will be worth so much more than all the people who are just in to make a quick buck.

This product release is probably 10x more worth then a Binance listing.

If you compare to the impact of an exchange listing to the current product release relative to the token price, you might consider the crypto ecosystem still in a bubble phase.
In a bubble people invest in complex things they dont really understand.

Therefore these topics work far better and are easier to understand, then a blockchain based XBRL product, if you want to pump a crypto-coin:

Exchange listing
Master and other nodes
Forks and Air drops (Free money)
Token burnings
News about news
Coin hyping on twitter

many blockchains without a real product in the economy are hundreds of times more expensive than SophiaTX.therefore, now the market is speculative and the capitalization of projects is most influenced by investment funds,if they notice the project, it can grow tenfold.Only time will put everything in its place.

I definitely agree! I guess we can almost say that this project is really very undervalued right now in contrast with other projects who have huge marketcap yet dont have a working prototype yet.