Currency with wings, and no borders

Software Technology with a new development architecture paradigm

Accounting Ledger that is distributed and decentralized

Consensus Clearing network that acts as a “trust layer” that can validate business logic, not just transactions

Real-Time Messaging System that’s built-in, therefore it’s very fast

Global Online Community with special network effects

Transactions Engine that can verify transactions and approval levels

Computing Infrastructure that is global and similar to a cloud-based one

Reengineering Catalyst that enables innovation and new processes focused on enabling decentralization

As NASDAQ is gearing up to become the first exchange operator to utilize blockchain technology by the end of this year, a newly published report by financial industry consulting firm Greenwich Associates suggests that the tech-exchange might just be setting a trend. The consulting firm predicts that blockchain technology is coming to the financial markets in a big way.

http://cointelegraph.com/news/114956/greenwich-report-blockchain-technology-is-coming-to-capital-markets

 So far this year has been the most stable period of bitcoin. That being said, price fluctuation isn’t a concern for us. All of the companies using our platform are founded by people with bitcoin experience, so they have strong nerves. Even if the value goes up, at the very most our miner fees would be little higher. Our long-term concern, however, is how to make the platform trusted and usable.

http://cointelegraph.com/news/115126/additional-value-layers-beyond-bitcoin-inside-colu

Five Fingers Make a Digital Hand for Your Business

BitPay is the established leader in Bitcoin business payments systems, and they have generated quite a Rolodex of clients over the last two years in the process. Microsoft, The American Red Cross and PayPal have worked with BitPay to join the Bitcoin revolution. They accept multiple currencies, doing business in over 30 countries worldwide, and new technologies like one-tap payments at point of sale also enhance their appeal to retail merchants.

Most merchants start with their Free and Unlimited Plan, which includes unlimited transactions, instant conversion from BTC to USD and daily bank deposits. Merchants also receive retail POS solutions, eCommerce integrations, email support, no transaction fees, and access to all of BitPay’s plugins, APIs, and apps as part of the plan.

http://cointelegraph.com/news/115121/5-easy-ways-to-bring-bitcoin-and-your-business-together

The trading of binary options is essentially predicting whether an asset price will go UP or DOWN over a period of time. A trader purchases an option and if the trader predicted the move correctly at the end of the option period, it generates approximately 70-80% return on the trader's investment. If the trader was wrong, the investor loses most of the money they had paid for the option. Binary options expiry times vary from 30 seconds up to more than 1 year.

http://cointelegraph.com/news/115002/binary-options-bring-immense-opportunity-for-bitcoin-users

Farewell New York

There has been a torrent of activity over the last few days over the August 8 deadline for declaring corporate compliance with New York’s infamous BitLicense regulation.

Many companies have chosen to opt-out of the regulation and the New York State market altogether. This verdict seems to also apply to the popular Bitcoin wallet provider and peer-to-peer exchange LocalBitCoins.com, who has posted a message on their site regarding this lightning rod legal issue.

http://cointelegraph.com/news/115114/localbitcoins-stops-service-for-new-york-residents

The following exchanges are confirmed to be trading Ethereum as of the time of writing. Meanwhile, Yunbi and Crypty who were expected to trade ETH as well, have yet to open their trading floors to the coin.

Gatecoin.com
ShapeShift.io
Kraken.com
Poloniex.com
Bitmex.com
Bittrex.com
NXT asset exchange as SuperEther
Yunbi (Not Trading Eth Yet)
Crypsy (Not Trading Eth Yet)

http://cointelegraph.com/news/115104/ether-dump-price-falls-back-to-earth-as-trading-floors-open

If there were ownership in bitcoins, when you received bitcoins from another person, you would be exposed to the risk of someone demanding that you return the bitcoins to them, arguing that they are the owner instead of you – possible reasons for this could be, for example, if the bitcoins were stolen from them or if the agreement under which they sold the bitcoins was nullified.

http://www.coindesk.com/what-tokyos-mt-gox-ruling-means-for-bitcoin-in-japan/

Safety of Gold, Speed of Bitcoin

Citing economist, author and investment banker James G. Rickards, there is a belief that, "gold is a great way to preserve wealth, but it is hard to move around. You do need some kind of alternative, and Bitcoin fits the bill. I’m not surprised to see that happening."

http://cointelegraph.com/news/115117/vaultoro-goes-bnktothefuture-for-crowd-investment

Bitcoin is a financial experiment, it simulates the charaters of gold by the way of mathematics and computer. Currently， it has nearly 10,000,000 bitcoin users，and the amount is increasing. Bitcoin system provides a possibility of building a new and open payment system, the consumers and merchants could finish the payment behavior only by supporting the payment agreement of bitcoin and legal coins wallet. Bitcoin is only an open transmission tool of value.

The third generation of altcoin called OUMCOIN was born. OUMCOIN opens around the world on August 5th, 2015 with total amount of distribution of 12,000,000. The circulation price for OUMCOIN is 15.5 Euro, and is the altcoin with highest circulation price in the trade of altcoins. After OUMCOIN issues, its brand new originality and contribution to mathematics academy causes great concentration to electronic currency. Within a few days, many people in this trade begin to collect OUMCOIN which leads to a surging of the amount of users and the price is increasing. OUMCOIN is different from all the other digital currency. It is the first digital currency which is proposed for mathematics problem and belongs to the third generation altcoin. After the issuing of OUMCOIN, the pattern of global circulation of OUMCOIN has formed.


After Bitcoin is hyped，kinds of Altcoins appears， including the well known Litecoin, Mastercoin，Primecoin，Ripple，Novacoin and other tens of altcoins. These altcoins almost own a set of complex rules，mixed with special computer games. If one is not graduated from computer major,or have a deep research on their originator Bitcoin， it is hard for them to understand so called altcoins in short time. These coins belong to the second generation of altcoins headed by bitcoins and have no central issuer and solution to solve the currency inflation and other problem. But no one promotes it since there is no central issuer and main beneficiary, so it grows up by its own charm. In this way, its price rises and drops suddenly and sharply. 


As a digital currency which is valuable, it must include two aspects, that is, technology and market. If there is only excellent technology without holders and users, it can be simply regarded as a kind of technology but not a kind of currency. Many digital currencies' technology is better than bitcoin, but their value is lower than Bitcoin. The issue of Bitcoin depends on miners. Unluckily, its promoter can't benefit from it, that is to say, the creator of its value doesn't get the relevant reward, which is unfair. This kind of issuing mode doesn't consider the problem that make value creators get corresponding value, so it remains tepid and the development of market doesn't go well. Its growth rapid was limited and many people invest amount of funds to purchase miners to mine, but this behavior actually doesn't bring value to Bitcoin's growth. Though its safty increases, it is only a supplement to the defect of bitcoin itself and waste resources greatly. If the big amount of funds for purchasing mining machine could be invested into application and promotion of Bitcoins. You can imagine what a big help for bitcoin's growth.

As a digital currency which is valuable, it must include two aspects, that is, technology and market. If there is only excellent technology without holders and users, it can be simply regarded as a kind of technology but not a kind of currency. Many digital currencies' technology is better than bitcoin, but their value is lower than Bitcoin.

After Bitcoin is hyped，kinds of Altcoins appears， including the well known Litecoin, Mastercoin，Primecoin，Ripple，Novacoin and other tens of altcoins. These altcoins almost own a set of complex rules，mixed with special computer games. If one is not graduated from computer major,or have a deep research on their originator Bitcoin， it is hard for them to understand so called altcoins in short time. These coins belong to the second generation of altcoins headed by bitcoins and have no central issuer and solution to solve the currency inflation and other problem. But no one promotes it since there is no central issuer and main beneficiary, so it grows up by its own charm. In this way, its price rises and drops suddenly and sharply.

The foundation of Bitcoin is Blockchain， which makes bitcoin become a direct and anonymous payment out of government's control. It is a distributed database driven by encryption technology.Speaking from low level, blockchain is a searchable account book. Through the complex algorithm executed by one computer network, the transactions in it could be confirmed within serveral minutes. Each computer in this newwork keeps the backup file of this account book. New block is created and added into the chain each hour and then spread to other part in  the newwork, there are almost 6 times of this procedure. All transactions will be recorded and accessed in this way, so it could be tracked. It is almost impossible to modify the previous block in the chain. Entrepreneurs all round the world now are thinking of how to apply this technology to realize functions above transaction of bitcoin. They think that the blockchain will not only overturn traditional financial system, but also the methods of passing and recording stocks, contracts, poverty, patents and marriage certificate and other financial capitals. Essentially, all things certified by trusted intermediaries are the same. In internet forums and bitcoin meetings, the topic of talking is turning to the application of next generation based on this blockchain skill. On the Satoshi Roundtable, the project called Bitcoin 2.0 lead the talk. Satoshi Roundtable is a party held in holiday resort of Dominican republic in February by bitcoin lovers, and the roundtable is funded by part of the participants. Ludwin expresses that about 5000 customers are developing nonfinancial blockchain application, and the number takes about 20% of the total than 10% of last year. Banks and international communications companies are interested in using blockchain. Some new founded company is developing and use blockchain to exchange traditional currencies in the hope of seeing the simple and efficient financial transaction. The rising of Blockchain brings a basic issue that if the human autonomy should be replaced of technology. Even some experts on encrytion currency also show skepticism. The exchange is particularly vulnerable that the dealers could buy and sell bitcoins by US dollars,Euro and other currencies. However, the collapse of Mt.Gox caused many bad effects to bitcoin community. In this January, another exchange called Bitstamp was attacked by hackers who stole 19000 bitcoins, which made further blow of the whole industry. 

New block is created and added into the chain each hour and then spread to other part in  the newwork, there are almost 6 times of this procedure. All transactions will be recorded and accessed in this way, so it could be tracked. It is almost impossible to modify the previous block in the chain.

Banks and international communications companies are interested in using blockchain. Some new founded company is developing and use blockchain to exchange traditional currencies in the hope of seeing the simple and efficient financial transaction. The rising of Blockchain brings a basic issue that if the human autonomy should be replaced of technology.

Digital Currency like Bitcoin will bring powerful influences to organizations. The company which knows blockchain and bitcoins will be in the front of business transfer. For them, the key is to  synchronize with development but not keep away from them. Don't regard it as currency which is operated by criminals. On the contrary, we should accept it and apply it to your advantages. Digital currency will accepted as payment methods, which is agreed by lots of companies on internet. This is a new challenge for the industry. Traditional currency will disappear and bitcoin is legal foundation of digital economy.

Digital currency will accepted as payment methods, which is agreed by lots of companies on internet. This is a new challenge for the industry. Traditional currency will disappear and bitcoin is legal foundation of digital economy.

Digital currency will accepted as payment methods, which is agreed by lots of companies on internet. This is a new challenge for the industry.

Digital Currency like Bitcoin will bring powerful influences to organizations. The company which knows blockchains and bitcoins will be in the front of business transfer.