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PAX PAGO was created to become a rotating currency in the investment and trade for South America. Therefore, PAX PAGO has to be reasonably distributed to operate tihs project to help investors to make profits in the future.
When the market is under pressure, breakouts may happen but are more likely to fail, and other leading coins struggle.There are several likely reasons behind the decrease. Goldman Sachs has been one of the major banking institutions which had showed real interest in Bitcoin, having funded Bitcoin startup Circle back in 2015, and reportedly mulled the idea of launching a crypto trading desk since late 2017. While the concern that institutions are mislaying interest in cryptocurrencies is a valid enough reason for caution, crypto traders become visible to be more concerned about dangers hiding in the shadows of black-market platform Silk Road. A Reddit user has pursued more than 111,000 thousand bitcoins (worth more than $700 million) associated with Silk Road, that have recently been transferred to wallets of various online exchanges, possibly with the purpose to sell. Huge amounts of bitcoins being moved to exchange wallets give traders the shakes, as it likely means a lot of selling pressure on the price. In any case, the crypto market's upward momentum that started August has been brought to a screeching halt. The crypto world is still eagerly awaiting SEC's decision on a few proposed Bitcoin ETFs, which should come in late September, A positive ending to that could finally give the crypto market the kick in the butt that it needs, while a negative one would likely drive the prices even lower
We look at history when we intend to make a prediction about future events. Have there been any similar incident in the past? How did the incident end? Many people believe the future can be predicted partially. In late 2013, The price of Bitcoin went from $100 to about $1,000 after a series of very positive events (culminating in the famous Bitcoin Lovefest Senate Hearing). Many of the current cryptocurrency blockchain founders were apart of the industry, but only really got serious about the industry after this event. What followed this was a long bear market that didnt fully bottom out until January of 2016, and didnt fully recover until 2017. While the industry kept active and continued to innovate, the market didnt reflect this change until 2017.bIf we look at what the overall market looks like today, its easy to see a resemblance to this event Im not one to rely on similar looking charts to make decisions about a market, but the circumstances and the subject matter are too similar to chalk up to coincidence.
INGOT Coin (IC) aims to integrate the traditional financial industry with the blockchain innovation by offering a complete Ecosystem that provides crypto holders the access to all financial services. The first of all-inclusive Ecosystem will be the pioneer in linking the crypto universe to the current traditional world. INGOT Coin will comprise an unique solution by integrating 6 basic components of financial ecosystem and providing a one-stop-shop for the digital asset, traditional asset and currency markets to solve challenges by creating a link between the crypto market and the traditional market. The IC Ecosystem will establish 6 different components to work hand in hand under one umbrella, proving all community members the chance to capitalize on upcoming opportunities in all markets. The Ecosystems components, as shown below, are the IC Wallet, IC Exchange, IC Brokerage, IC Digital Bank IC Certifier and IC ICO Accelerator.
INGOT Coin aims to create an unprecedented, a first-of-its-kind revolutionary ecosystem based on Blockchain technology that will link newly developed crypto markets with the currently existing financial markets eliminating inefficiencies, while providing a one-stop ecosystem that enables participants to perform and execute transactions according to their financial needs. Among that background, they are constantly hard at work, try to intensify the formation and reach of INGOT Coin throughout the world. INGOT is creating an interrelated global community of trust and collaboration with its highly obvious platform. INGOT is balanced to give power back to the people by making them take total control of their finances.
We look at history when we intend to make a prediction about future events. Have there been any similar incident in the past? How did the incident end? Many people believe the future can be predicted partially. In late 2013, The price of Bitcoin went from $100 to about $1,000 after a series of very positive events (culminating in the famous Bitcoin Lovefest Senate Hearing). Many of the current cryptocurrency blockchain founders were apart of the industry, but only really got serious about the industry after this event. What followed this was a long bear market that didnt fully bottom out until January of 2016, and didnt fully recover until 2017. While the industry kept active and continued to innovate, the market didnt reflect this change until 2017.bIf we look at what the overall market looks like today, its easy to see a resemblance to this event Im not one to rely on similar looking charts to make decisions about a market, but the circumstances and the subject matter are too similar to chalk up to coincidence.
INGOT Coin (IC) aims to integrate the traditional financial industry with the blockchain innovation by offering a complete Ecosystem that provides crypto holders the access to all financial services. The first of all-inclusive Ecosystem will be the pioneer in linking the crypto universe to the current traditional world. INGOT Coin will comprise an unique solution by integrating 6 basic components of financial ecosystem and providing a one-stop-shop for the digital asset, traditional asset and currency markets to solve challenges by creating a link between the crypto market and the traditional market. The IC Ecosystem will establish 6 different components to work hand in hand under one umbrella, proving all community members the chance to capitalize on upcoming opportunities in all markets. The Ecosystems components, as shown below, are the IC Wallet, IC Exchange, IC Brokerage, IC Digital Bank IC Certifier and IC ICO Accelerator.
INGOT Coin aims to create an unprecedented, a first-of-its-kind revolutionary ecosystem based on Blockchain technology that will link newly developed crypto markets with the currently existing financial markets eliminating inefficiencies, while providing a one-stop ecosystem that enables participants to perform and execute transactions according to their financial needs. Among that background, they are constantly hard at work, try to intensify the formation and reach of INGOT Coin throughout the world. INGOT is creating an interrelated global community of trust and collaboration with its highly obvious platform. INGOT is balanced to give power back to the people by making them take total control of their finances.
Oil and gas operators have the unique opportunity to be part of the creation of new technology that is going to change the industry.Permian Token (XPR) Democratizes direct oil investments by eliminating the high entry fees and layers of bureaucracy that historically been a barrier to entry.
According to the Central Intelligence Agencys website, there are 1.665 trillion barrels of oil recoverable globally. On the other hand, a report by BP suggested that we have 53 years of proven oil supply left. Just 53 years!With the Permian Token we developed a solution to solve the working capital requirements of oil exploration & production companies and oil exploration and production economies, meanwhile democratizing the direct investment sector for the average investor.A major portion of the funds raised from the Permian Token (XPR) initial token offering will be dedicated to acquiring hard assets with Proven Reserves (the Reserves) by making a direct investment into existing upstream and midstream companies. The Proven Reserves are the reserves that are explored and identified as an estimated quantity of all hydrocarbons statistically defined as crude oil or natural gas, which geological and engineering data demonstrate with reasonable certainty to be recoverable in future years from known reservoirs under existing economic and operating conditions.
The acquisition targets and existing and future portfolio companies will be listed on the PermianChain platform (Platform Prospects). XPR tokens will be issued in proportion to the available offerings. Platform Prospects applicable for listing on the PermianChain platform are mainly upstream businesses or public entities with proved undeveloped
reserves and existing oil campaigns. The Reserves, once produced, will be sold to the midstream companies on our closed-loop-B2B-exchange via blockchain (PermianChain).
The Company is currently working on the development of a trust protocol for the oil & gas industry with distinct purposes:
a) The first purpose serves as a private trust protocol which traces XPR holders interest in the Reserves. The ledger provides information on oil production, oil supply, oil
demand and other traces of the underlying Reserves in question.
b) The second purpose is a Blockchain-as-a-Service technology (BaaS) which will serve as a closed-loop-B2B-Exchnge for oil & gas companies (the PermianChain). The
c) PermianChain will streamline exploration, production and shipping of oil via blockchain, smart-contracts and multi-signature features.
The third purpose of the PermianChain is to integrate an oilfield Artificial Intelligence and Blockchain for the purpose of generating data that would allow for more sustainable methods of oil exploration and production. Integrating an upstream artificial intelligence and eventually midstream and downstream components.
d) The fourth purpose of the PermianChain is to allow continued future developments of our technology to trace proven natural resources beyond oil & gas, to allow the world
access to proven natural resources.
According to the Central Intelligence Agencys website, there are 1.665 trillion barrels of oil recoverable globally. On the other hand, a report by BP suggested that we have 53 years of proven oil supply left. Just 53 years!With the Permian Token we developed a solution to solve the working capital requirements of oil exploration & production companies and oil exploration and production economies, meanwhile democratizing the direct investment sector for the average investor.A major portion of the funds raised from the Permian Token (XPR) initial token offering will be dedicated to acquiring hard assets with Proven Reserves (the Reserves) by making a direct investment into existing upstream and midstream companies. The Proven Reserves are the reserves that are explored and identified as an estimated quantity of all hydrocarbons statistically defined as crude oil or natural gas, which geological and engineering data demonstrate with reasonable certainty to be recoverable in future years from known reservoirs under existing economic and operating conditions.
The acquisition targets and existing and future portfolio companies will be listed on the PermianChain platform (Platform Prospects). XPR tokens will be issued in proportion to the available offerings. Platform Prospects applicable for listing on the PermianChain platform are mainly upstream businesses or public entities with proved undeveloped
reserves and existing oil campaigns. The Reserves, once produced, will be sold to the midstream companies on our closed-loop-B2B-exchange via blockchain (PermianChain).
The Company is currently working on the development of a trust protocol for the oil & gas industry with distinct purposes:
a) The first purpose serves as a private trust protocol which traces XPR holders interest in the Reserves. The ledger provides information on oil production, oil supply, oil
demand and other traces of the underlying Reserves in question.
b) The second purpose is a Blockchain-as-a-Service technology (BaaS) which will serve as a closed-loop-B2B-Exchnge for oil & gas companies (the PermianChain). The
c) PermianChain will streamline exploration, production and shipping of oil via blockchain, smart-contracts and multi-signature features.
The third purpose of the PermianChain is to integrate an oilfield Artificial Intelligence and Blockchain for the purpose of generating data that would allow for more sustainable methods of oil exploration and production. Integrating an upstream artificial intelligence and eventually midstream and downstream components.
d) The fourth purpose of the PermianChain is to allow continued future developments of our technology to trace proven natural resources beyond oil & gas, to allow the world
access to proven natural resources.
While the price of Bitcoin shows several ups and downs - the markets endure to show faith in the currency. This is a figure which has been seen multiple times in the past. While Bitcoins market dominance has risen, the market scenarios then and now are quite different. Back then, Bitcoin covered a 50% market share of the cryptocurrency markets, where the total crypto market cap stood at nearly $600 Billion. However, while Bitcoins market dominance is 50% , the overall market cap is less than half of what it was back then. The total cryptocurrency market cap is about $208 Billion.
Investors have become less open-minded and less willing to theorize on alt-coins. As a result, the investment and development of new crypto settlements will hurt. Bitcoins price is not the main issue of this topic. Thats because investors primarily concerned with relative value. Crypto community believe in relative value trading, and it can expose a lot of interesting about the cryptocurrency market. Price can be volatile, highly emotional and unstable. Relative value tells us a entirely different story. With a relative value perspective, we can see the market is increasing in fear, even if this isnt what is reflected in Bitcoins price. If youre a true optimist towards cryptocurrencies, the price is less significant than the vision of the future. A future where decentralized currencies can be used with total ease and convenience. Admittedly, this hasn't happened yet, but steps are being taken towards this future every day. In any case, bitcoin in its current form isnt able to deliver this future in the short term. Following on from this logic, presumably at some point another coin will takeover from bitcoin. But there is a solution to be independent.
INGOT Coin (IC) aims to integrate the traditional financial industry with the blockchain innovation by offering a complete Ecosystem that provides crypto holders the access to all financial services. The first of all-inclusive Ecosystem will be the pioneer in linking the crypto universe to the current traditional world. INGOT Coin will comprise an unique solution by integrating 6 basic components of financial ecosystem and providing a one-stop-shop for the digital asset, traditional asset and currency markets to solve challenges by creating a link between the crypto market and the traditional market. The IC Ecosystem will establish 6 different components to work hand in hand under one umbrella, proving all community members the chance to capitalize on upcoming opportunities in all markets. The Ecosystems components, as shown below, are the IC Wallet, IC Exchange, IC Brokerage, IC Digital Bank IC Certifier and IC ICO Accelerator.
INGOT Coin aims to create an unprecedented, a first-of-its-kind revolutionary ecosystem based on Blockchain technology that will link newly developed crypto markets with the currently existing financial markets eliminating inefficiencies, while providing a one-stop ecosystem that enables participants to perform and execute transactions according to their financial needs. Among that background, they are constantly hard at work, try to intensify the formation and reach of INGOT Coin throughout the world. INGOT is creating an interrelated global community of trust and collaboration with its highly obvious platform. INGOT is balanced to give power back to the people by making them take total control of their finances.
Investors have become less open-minded and less willing to theorize on alt-coins. As a result, the investment and development of new crypto settlements will hurt. Bitcoins price is not the main issue of this topic. Thats because investors primarily concerned with relative value. Crypto community believe in relative value trading, and it can expose a lot of interesting about the cryptocurrency market. Price can be volatile, highly emotional and unstable. Relative value tells us a entirely different story. With a relative value perspective, we can see the market is increasing in fear, even if this isnt what is reflected in Bitcoins price. If youre a true optimist towards cryptocurrencies, the price is less significant than the vision of the future. A future where decentralized currencies can be used with total ease and convenience. Admittedly, this hasn't happened yet, but steps are being taken towards this future every day. In any case, bitcoin in its current form isnt able to deliver this future in the short term. Following on from this logic, presumably at some point another coin will takeover from bitcoin. But there is a solution to be independent.
INGOT Coin (IC) aims to integrate the traditional financial industry with the blockchain innovation by offering a complete Ecosystem that provides crypto holders the access to all financial services. The first of all-inclusive Ecosystem will be the pioneer in linking the crypto universe to the current traditional world. INGOT Coin will comprise an unique solution by integrating 6 basic components of financial ecosystem and providing a one-stop-shop for the digital asset, traditional asset and currency markets to solve challenges by creating a link between the crypto market and the traditional market. The IC Ecosystem will establish 6 different components to work hand in hand under one umbrella, proving all community members the chance to capitalize on upcoming opportunities in all markets. The Ecosystems components, as shown below, are the IC Wallet, IC Exchange, IC Brokerage, IC Digital Bank IC Certifier and IC ICO Accelerator.
INGOT Coin aims to create an unprecedented, a first-of-its-kind revolutionary ecosystem based on Blockchain technology that will link newly developed crypto markets with the currently existing financial markets eliminating inefficiencies, while providing a one-stop ecosystem that enables participants to perform and execute transactions according to their financial needs. Among that background, they are constantly hard at work, try to intensify the formation and reach of INGOT Coin throughout the world. INGOT is creating an interrelated global community of trust and collaboration with its highly obvious platform. INGOT is balanced to give power back to the people by making them take total control of their finances.
Global official sector reaction to cryptocurrencies varies as the decentralized technology does not fit easily into existing regulatory definitions and structures. This sector will likely continue to be cautious as it monitors the risks to financial integrity, consumer protection, financial stability, tax evasion and treatment, and monetary policy. Leaders in regulation, like Japan, are likely to set the standard for the rest of the world in a scenario where the borderless nature of cryptocurrencies requires a cohesive and collaborative effort.
The cryptocurrency world is an unstable and volatile place, constantly shift between bear market and bull market periods. Some investors are taking advantages of this and others not so much. Reaching a stable value cryptocurrency has long been the target of many projects that aim to take crypto a step beyond just a middle of exchange and into the land of a store of value. If I put $10.000 into Bitcoin, Ethereum or Ripple today, nobody can be guaranteed what it will be worth tomorrow which puts off businesses and everyday users that want to use crypto beyond just a speculative investment as a method to accept payments or pay salaries. Mass adoption is the ultimate aim for cryptocurrencies, but a stable cryptocurrency is needed in order to achieve that. Cryptocurrencies are reacting more like stocks and less like currency with their incredible volatility. They give more incitements to trade with them, not to pay with them. The concept of making a stable cryptocurrency is complicated. Many have tried to create such a coin and failed. In time the crypto markets will get well founded, leading to a more stable nature of the top cryptocurrencies. The crypto markets are becoming increasingly more competitive, because they are some of the easiest to trade on.
The justification for the big fluctuation of cryptocurrency prices is the supply and demand. The supply is more or less fixed but the demand is always changing due to peoples behavior and speculation. A normal currency can have a broad use, it can store value and be a unit of exchange. You cant have a currency that isnt backed by value. Fiat currencies are collateralized by assets and gold. If they werent, they would depreciate fast. Though most banks are printing money at some rate, the US dollar is the only currency that can be printed without limit from the US central bank. But the problem with printing infinite amounts of money is that they will depreciate, without being backed by value. The US dollar is experiencing something like this. Compared to the stable Euro, the US dollar is losing value at an alarming rate. A solution for this problem is currently being talked about and is planned for the future. But a solution for the stability of cryptocurrencies is something else.
With all of the talk of cryptocurrencies in todays news, there are necessarily always going to be questions raised about why does this have any value? Even at face value, its definitely not the case when talking about cryptocurrencies as a movement generally, but even on top of that, there are certain cryptocurrencies that carry a lot more weight to them and thats where the INGOT Coin system comes into play.
Though there is plenty of fair skepticism of any new asset class in the expanding world of FinTech and cryptocurrencies, there are also certain coins that stick out a lot more than others. While plenty of coins and tokens rely mainly on public perception of value or speculation about the potential for value in the future, the INGOT family of coins is the first to come to the market to offer real, tangible value for the cryptocurrency. INGOT Coin will create a complete solution by integrating 6 core ecosystem components and providing a one-stop-shop for the digital asset, traditional asset and currency markets to solve all the above-mentioned challenges, thus, creating a link between the crypto market and the traditional market. The IC Ecosystem will establish 6 different components to work hand in hand under one umbrella, providing all community members the chance to capitalize on upcoming opportunities in all markets. The Ecosystems components, as shown below, are the IC Wallet, IC Exchange, IC Brokerage, IC Digital Bank, IC Certifier and IC ICO Accelerator.
INGOT Coin will provide a platform that meets the needs of beginner as well as advanced traders to trade with minimal initial capital. IC will also provide its own cryptocurrency, which will be available on different exchanges for all investors and market participants to purchase. IC will show no bias towards any market participant and will provide fair and equal opportunities to all participants regardless of size of trade, type of order or initial capital.
To ensure no means for market manipulation and leakage of unethical or illegal money in the Ecosystem, the KYC and AML policies must suffice and exceed the needs of all parties, whether its regulators, banks, brokers or exchanges. The KYC and AML compliance may seem strict to some investors; however, this is a necessary procedure to ensure the safety of the Ecosystem and all stakeholders. This is done to make the Ecosystem trustworthy, secure, transparent and compliant; consequently, filling the Ecosystems singular KYC allows participants to open one account in the IC Digital Bank, the IC Exchange, the IC Brokerage, and the IC wallet simultaneously to trade crypto, fiat, and traditional instruments hereon after.
The cryptocurrency world is an unstable and volatile place, constantly shift between bear market and bull market periods. Some investors are taking advantages of this and others not so much. Reaching a stable value cryptocurrency has long been the target of many projects that aim to take crypto a step beyond just a middle of exchange and into the land of a store of value. If I put $10.000 into Bitcoin, Ethereum or Ripple today, nobody can be guaranteed what it will be worth tomorrow which puts off businesses and everyday users that want to use crypto beyond just a speculative investment as a method to accept payments or pay salaries. Mass adoption is the ultimate aim for cryptocurrencies, but a stable cryptocurrency is needed in order to achieve that. Cryptocurrencies are reacting more like stocks and less like currency with their incredible volatility. They give more incitements to trade with them, not to pay with them. The concept of making a stable cryptocurrency is complicated. Many have tried to create such a coin and failed. In time the crypto markets will get well founded, leading to a more stable nature of the top cryptocurrencies. The crypto markets are becoming increasingly more competitive, because they are some of the easiest to trade on.
The justification for the big fluctuation of cryptocurrency prices is the supply and demand. The supply is more or less fixed but the demand is always changing due to peoples behavior and speculation. A normal currency can have a broad use, it can store value and be a unit of exchange. You cant have a currency that isnt backed by value. Fiat currencies are collateralized by assets and gold. If they werent, they would depreciate fast. Though most banks are printing money at some rate, the US dollar is the only currency that can be printed without limit from the US central bank. But the problem with printing infinite amounts of money is that they will depreciate, without being backed by value. The US dollar is experiencing something like this. Compared to the stable Euro, the US dollar is losing value at an alarming rate. A solution for this problem is currently being talked about and is planned for the future. But a solution for the stability of cryptocurrencies is something else.
With all of the talk of cryptocurrencies in todays news, there are necessarily always going to be questions raised about why does this have any value? Even at face value, its definitely not the case when talking about cryptocurrencies as a movement generally, but even on top of that, there are certain cryptocurrencies that carry a lot more weight to them and thats where the INGOT Coin system comes into play.
Though there is plenty of fair skepticism of any new asset class in the expanding world of FinTech and cryptocurrencies, there are also certain coins that stick out a lot more than others. While plenty of coins and tokens rely mainly on public perception of value or speculation about the potential for value in the future, the INGOT family of coins is the first to come to the market to offer real, tangible value for the cryptocurrency. INGOT Coin will create a complete solution by integrating 6 core ecosystem components and providing a one-stop-shop for the digital asset, traditional asset and currency markets to solve all the above-mentioned challenges, thus, creating a link between the crypto market and the traditional market. The IC Ecosystem will establish 6 different components to work hand in hand under one umbrella, providing all community members the chance to capitalize on upcoming opportunities in all markets. The Ecosystems components, as shown below, are the IC Wallet, IC Exchange, IC Brokerage, IC Digital Bank, IC Certifier and IC ICO Accelerator.
INGOT Coin will provide a platform that meets the needs of beginner as well as advanced traders to trade with minimal initial capital. IC will also provide its own cryptocurrency, which will be available on different exchanges for all investors and market participants to purchase. IC will show no bias towards any market participant and will provide fair and equal opportunities to all participants regardless of size of trade, type of order or initial capital.
To ensure no means for market manipulation and leakage of unethical or illegal money in the Ecosystem, the KYC and AML policies must suffice and exceed the needs of all parties, whether its regulators, banks, brokers or exchanges. The KYC and AML compliance may seem strict to some investors; however, this is a necessary procedure to ensure the safety of the Ecosystem and all stakeholders. This is done to make the Ecosystem trustworthy, secure, transparent and compliant; consequently, filling the Ecosystems singular KYC allows participants to open one account in the IC Digital Bank, the IC Exchange, the IC Brokerage, and the IC wallet simultaneously to trade crypto, fiat, and traditional instruments hereon after.
The frequency of transactions is also high; for example, a 300,000 barrel per day oil refinery will need to source a large crude carrier every week to maintain adequate volumes, and cargos can cost as much as USD 100 million (two million barrels at USD 50 per barrel). Oil companies also need to be aware of where crude is ultimately sourced. Some exporting nations are from time-to-time under sanctions to prevent trade in this commodity. Blockchain could provide a fully transparent and secure record of the entire supply chain. Using a distributed ledger, digital tokens can be used to represent the asset being transacted. These tokens can be issued by a trusted authority for the needs of the companies or participating parties; for example, if oil and gas companies used a blockchain ledger to buy and sell barrels of oil, transactions could include digital tokens named Brent or WTI. These tokens would represent the underlying asset of a barrel of oil and would remain digitally attached throughout its supply chain journey. Currently, around nine percent of crude oil transactions are disputed, which equates to around USD 150 billion each year. By using tokens in a blockchain, payment could be processed more quickly, paperwork such as title transfers would be eliminated, and disputed transactions could be significantly reduced. It is important to note that the token being exchanged will be subject to gains or losses based on the strength of the underlying fiat (local) currency. If 50 WTI tokens are purchased using US dollars, the value of these tokens are exposed to fluctuations in the US dollar. As the use of cryptocurrencies increases, governments are forming positions on the taxation implications of cryptocurrencies and their exchange for fiat currency.
Once an XPR is bought, it can be then liquidated via a the PermianChain Exit Facility or used by midstream companies to claim their rights for the associated barrels of crude oil from the PermianChain platform. Daily production by the suppliers determines how many XPR can be used to claim oil per day. Once an XPR token holder exercises her rights and the transaction order for the barrel is filled, the XPR token will be returned to Treasury and re-listed with new Platform Prospects upon listing Proven Reserves. Blockchain validates each transaction, rights claim and supplier fulfillment for security and transparency on the platform. Shipping logistics would be streamlined as well through the use of digital wallets. Each wallet is registered to a specific buyer and contains that specific buyers drop-ship location. Whenever XPR token is exercised for a barrel of oil, the blockchain protocol knows exactly where to ship the order and can calculate shipping / logistic cost to deliver the barrel to the designated location specified in the wallet. This would ultimately reduce cost and streamline business operations for upstream and midstream companies. Thus, increasing the value / price of each XPR, and providing immediate income for the supplier. This could have positive future developments that should potentially allow PermianChain to prove sources of oil and decrease corruption and smuggling of oil as a result of war-torn countries around the world. For the meantime, the PermianChain is a needed solution for the cash flow gap faced by oil companies and for oil producing economies to reduce their risks of deficits.
Once an XPR is bought, it can be then liquidated via a the PermianChain Exit Facility or used by midstream companies to claim their rights for the associated barrels of crude oil from the PermianChain platform. Daily production by the suppliers determines how many XPR can be used to claim oil per day. Once an XPR token holder exercises her rights and the transaction order for the barrel is filled, the XPR token will be returned to Treasury and re-listed with new Platform Prospects upon listing Proven Reserves. Blockchain validates each transaction, rights claim and supplier fulfillment for security and transparency on the platform. Shipping logistics would be streamlined as well through the use of digital wallets. Each wallet is registered to a specific buyer and contains that specific buyers drop-ship location. Whenever XPR token is exercised for a barrel of oil, the blockchain protocol knows exactly where to ship the order and can calculate shipping / logistic cost to deliver the barrel to the designated location specified in the wallet. This would ultimately reduce cost and streamline business operations for upstream and midstream companies. Thus, increasing the value / price of each XPR, and providing immediate income for the supplier. This could have positive future developments that should potentially allow PermianChain to prove sources of oil and decrease corruption and smuggling of oil as a result of war-torn countries around the world. For the meantime, the PermianChain is a needed solution for the cash flow gap faced by oil companies and for oil producing economies to reduce their risks of deficits.
Bryce Bladon, a co-founder of CryptoKitties, imputed that dapps success to the fact that it managed to introduce customers to the blockchain in a way that was fun, interesting, and accessible.
For all these dapps relative outcome, it must be said: daily user-bases of a few hundred or a few thousand are ridiculously small compared to those of the biggest centralized apps Facebook has well over a billion daily active users.
The Ethereum Network is on-going into congestion issues once again. The cryptokitties Dapp locked up the system a few months back, but now even Binance has increased fees in the wake of the new traffic jam. Solutions tests are in the works, but they have no specific timeline and are arguably not proven to be possible. With Ethereum running at full capacity, Dapps may be forced to look for solutions to their problems before Ethereums issues shut them down completely.
The dramatic increase in GAS fees is attributed to the viral popularity of a slew of games emerging from online forums. While not as prejudicial to Ethereum transaction throughput as CryptoKitties, these new dApps have amassed over 26,000 transactions in 24 hours, causing GAS costs to double in price to $0.02.The spike in Ethereum dApp game interest has demonstrated the fragile nature of the Ethereum blockchain, illustrating the impact of a relatively small increase in transaction throughput on the capacity of the network. Ether Shrimp Farm, one of the most popular games causing network congestion, places players in control of a virtual shrimp farm with the goal of optimizing shrimp production, ultimately trading eggs for ETH.
New solution of Quantum-Secure Blockchain
TIM is GPS united with blockchain. And this changes everything. It exponentially upgrades the performance of permission-less agents by a new consensus mechanism based on geomining. The dapps become hyperlocal and geo-location aware. This boosts security and experience. The MVP network, at BitPost, provides 100k+tps capabilities for token transactions, smart contracts, IOT array operations scalable to 100M tps. TIM network is automatically and dynamically managed by swarms and geo-mining for load distribution, fraud detection and network operations.
A multi-zone blockchain running on specialized proof of belongingness based swarm defense app mechanism. Along with standard dapps, TIM blockchain provides hyperlocal geo-fenced dapps for economical and performant system of utility dapps. The defense mechanism works by a swarm of community apps which are run through communities or organizations with special smart contract with TALKING Foundation for providing a useful service along with proof of location for geo-mining
The blockchain can handle all natural dapps like transaction, insurance, speculation, contracts etc. In addition to the above dapps, TIM can also host geo-fenced dapps which boosts the security and privacy.
TIM will have 1.1 billion tokens and normal production rate of 0.01 tokens per second per DAG. The production rate will be regulated by foundation to match human population. The notion of matching human population is for promoting a philosophy of growth. The tokens will be rewarded in new blocks every 5 seconds. The token will be assigned over all the main network for winning nodes of each of the zones. Therefore, the rewarded tokens would be mostly fractional. This is called micro-distribution. These reserved for various kinds of econometric agenda. The major share of pre-mined tokens is reserved for impact investments. TIM foundation has deep interest in propagating DAPPS for impact work for Africa development through various entrepreneurship initiatives. Apart from development expenses, a stability fund from TIMs are reserved by TIM Foundation for helping crypto-currency growth initiatives or helping starved projects. Stability funds can also be used for merging desirable networks to increase development resources or defences for the TIM.
For all these dapps relative outcome, it must be said: daily user-bases of a few hundred or a few thousand are ridiculously small compared to those of the biggest centralized apps Facebook has well over a billion daily active users.
The Ethereum Network is on-going into congestion issues once again. The cryptokitties Dapp locked up the system a few months back, but now even Binance has increased fees in the wake of the new traffic jam. Solutions tests are in the works, but they have no specific timeline and are arguably not proven to be possible. With Ethereum running at full capacity, Dapps may be forced to look for solutions to their problems before Ethereums issues shut them down completely.
The dramatic increase in GAS fees is attributed to the viral popularity of a slew of games emerging from online forums. While not as prejudicial to Ethereum transaction throughput as CryptoKitties, these new dApps have amassed over 26,000 transactions in 24 hours, causing GAS costs to double in price to $0.02.The spike in Ethereum dApp game interest has demonstrated the fragile nature of the Ethereum blockchain, illustrating the impact of a relatively small increase in transaction throughput on the capacity of the network. Ether Shrimp Farm, one of the most popular games causing network congestion, places players in control of a virtual shrimp farm with the goal of optimizing shrimp production, ultimately trading eggs for ETH.
New solution of Quantum-Secure Blockchain
TIM is GPS united with blockchain. And this changes everything. It exponentially upgrades the performance of permission-less agents by a new consensus mechanism based on geomining. The dapps become hyperlocal and geo-location aware. This boosts security and experience. The MVP network, at BitPost, provides 100k+tps capabilities for token transactions, smart contracts, IOT array operations scalable to 100M tps. TIM network is automatically and dynamically managed by swarms and geo-mining for load distribution, fraud detection and network operations.
A multi-zone blockchain running on specialized proof of belongingness based swarm defense app mechanism. Along with standard dapps, TIM blockchain provides hyperlocal geo-fenced dapps for economical and performant system of utility dapps. The defense mechanism works by a swarm of community apps which are run through communities or organizations with special smart contract with TALKING Foundation for providing a useful service along with proof of location for geo-mining
The blockchain can handle all natural dapps like transaction, insurance, speculation, contracts etc. In addition to the above dapps, TIM can also host geo-fenced dapps which boosts the security and privacy.
TIM will have 1.1 billion tokens and normal production rate of 0.01 tokens per second per DAG. The production rate will be regulated by foundation to match human population. The notion of matching human population is for promoting a philosophy of growth. The tokens will be rewarded in new blocks every 5 seconds. The token will be assigned over all the main network for winning nodes of each of the zones. Therefore, the rewarded tokens would be mostly fractional. This is called micro-distribution. These reserved for various kinds of econometric agenda. The major share of pre-mined tokens is reserved for impact investments. TIM foundation has deep interest in propagating DAPPS for impact work for Africa development through various entrepreneurship initiatives. Apart from development expenses, a stability fund from TIMs are reserved by TIM Foundation for helping crypto-currency growth initiatives or helping starved projects. Stability funds can also be used for merging desirable networks to increase development resources or defences for the TIM.
iPowow, a global platform for TV producers and streaming video broadcasters, is introducing the HIT Protocol, a blockchain-based initiative that will empower all players in the media ecosystem with more opportunities for viewer engagement, revenue, and rewards. Using HIT tokens, the HIT Protocols in-ecosystem cryptocurrency, the initiative strengthens the relationships between all ecosystem participants.
Who is the HIT Protocol Team?
Gavin Douglas, Chief Executive Officer and Co-Founder - Gavin is a multi-award winning media producer and TV format developer with over 20 years of experience. As the CEO of iPowow, Gavin has driven the business deals and the production of over 100 broadcast television + streaming video projects that link linear storytelling with real-time interactive technology, offering a unique perspective important to bridging blockchain technology and the media ecosystem. Gavin has overseen iPowows growth across both linear television and streaming video by negotiating and signing production deals with clients including ESPN, NBC, ABC, Fox Sports, CNBC, CNN, Red Bull, Discovery and Disney. Prior to iPowow, Gavin had written, produced, directed or edited more than 30 television series around the world, including BBC Top Gear, MasterChef, So You Think You Can Dance, Big Brother and MythBusters.
Christine Gardiner, Chief Financial Officer and Co-Founder - Christine is responsible for the day-to-day financial and human resource management of iPowow. Christine is a Certified Public Accountant in the State of California and began her finance career at Price Waterhouse in San Francisco. She has held various finance positions at large technology firms, including Raychem and Novell. She worked for her first early stage company when she was the Corporate Controller of OmniCell Technologies and held the position of CFO of Connectix Corporation when it was acquired by Microsoft.
Mathieu Lohier, VP Engineering - Mathieu is a full stack engineer with extensive experience architecting and leading state of the art development, high volume applications, and scalable platforms. Before joining iPowow, Mathieu co-led the development and rollout of a nation-wide, wireless broadband network in Australia as well as the development of high-profile enterprise-wide applications for NTT Docomo. Robert Simpson, Chief Strategy Officer - Robert is an experienced executive producer and product manager with an established record of media format innovation and a strategic vision for creating industry-defining partnerships on television, eSports, and online platforms. During his career, Robert has developed and executed brand strategies, events, athlete programs, media products and partnerships for clients that include Blizzard Entertainment, Red Bull Media House, NVIDIA, Walmart, Twitch and Honda. Colin Hornett, Chief Creative Officer - Having overseen the development of the digital multimedia department at the Miss Universe Organization for NBC, where he directed and produced the first webcast in the 60-year history of Miss Universe. Colin joined iPowow as an experienced executive producer with a track record of generating record-breaking audiences. Colin spent his late teens as a professional snowboarder before becoming a lawyer, writer/journalist, producer, photographer and, eventually, a specialist in interactive storytelling and viewer engagement. He has more than a decade of experience producing and directing commercials, documentaries and short films all over the planet for companies large and small.
Where do I get the most up-to-date information?
Medium: https://medium.com/@HitProtocol
Telegram: https://t.me/joinchat/GbhICkzlix0FAiTlQIzufA
Reddit: https://www.reddit.com/r/HITPROTOCOL
Twitter: https://twitter.com/HitProtocol
Who is the HIT Protocol Team?
Gavin Douglas, Chief Executive Officer and Co-Founder - Gavin is a multi-award winning media producer and TV format developer with over 20 years of experience. As the CEO of iPowow, Gavin has driven the business deals and the production of over 100 broadcast television + streaming video projects that link linear storytelling with real-time interactive technology, offering a unique perspective important to bridging blockchain technology and the media ecosystem. Gavin has overseen iPowows growth across both linear television and streaming video by negotiating and signing production deals with clients including ESPN, NBC, ABC, Fox Sports, CNBC, CNN, Red Bull, Discovery and Disney. Prior to iPowow, Gavin had written, produced, directed or edited more than 30 television series around the world, including BBC Top Gear, MasterChef, So You Think You Can Dance, Big Brother and MythBusters.
Christine Gardiner, Chief Financial Officer and Co-Founder - Christine is responsible for the day-to-day financial and human resource management of iPowow. Christine is a Certified Public Accountant in the State of California and began her finance career at Price Waterhouse in San Francisco. She has held various finance positions at large technology firms, including Raychem and Novell. She worked for her first early stage company when she was the Corporate Controller of OmniCell Technologies and held the position of CFO of Connectix Corporation when it was acquired by Microsoft.
Mathieu Lohier, VP Engineering - Mathieu is a full stack engineer with extensive experience architecting and leading state of the art development, high volume applications, and scalable platforms. Before joining iPowow, Mathieu co-led the development and rollout of a nation-wide, wireless broadband network in Australia as well as the development of high-profile enterprise-wide applications for NTT Docomo. Robert Simpson, Chief Strategy Officer - Robert is an experienced executive producer and product manager with an established record of media format innovation and a strategic vision for creating industry-defining partnerships on television, eSports, and online platforms. During his career, Robert has developed and executed brand strategies, events, athlete programs, media products and partnerships for clients that include Blizzard Entertainment, Red Bull Media House, NVIDIA, Walmart, Twitch and Honda. Colin Hornett, Chief Creative Officer - Having overseen the development of the digital multimedia department at the Miss Universe Organization for NBC, where he directed and produced the first webcast in the 60-year history of Miss Universe. Colin joined iPowow as an experienced executive producer with a track record of generating record-breaking audiences. Colin spent his late teens as a professional snowboarder before becoming a lawyer, writer/journalist, producer, photographer and, eventually, a specialist in interactive storytelling and viewer engagement. He has more than a decade of experience producing and directing commercials, documentaries and short films all over the planet for companies large and small.
Where do I get the most up-to-date information?
Medium: https://medium.com/@HitProtocol
Telegram: https://t.me/joinchat/GbhICkzlix0FAiTlQIzufA
Reddit: https://www.reddit.com/r/HITPROTOCOL
Twitter: https://twitter.com/HitProtocol
Economic markets have a custom of not shifting in straight, vertical positions. They raise in price suddenly and then experience a brief period of decrease as traders sell off their positions, followed by another raise and decrease. The market comes up and down clearly when looked at from a long-term time-frame, but when you are trading hour by hour, they cannot afford to watch a losing position fall further and further into loss.
Market way was a clear warning sign for investors. Market way is crucial and lets you know whether you should be looking to purchase coins, take profits or move to cash. In a confirmed uptrend, most coins/tokens are likely to increase and leading coins are more likely to deliver huge gains. In a bear market, even top-rated projects find it hard to make headway. When the market is under pressure, breakouts may happen but are more likely to fail, and other leading coins struggle.
There are several likely reasons behind the decrease. Goldman Sachs has been one of the major banking institutions which had showed real interest in Bitcoin, having funded Bitcoin startup Circle back in 2015, and reportedly mulled the idea of launching a crypto trading desk since late 2017. While the concern that institutions are mislaying interest in cryptocurrencies is a valid enough reason for caution, crypto traders become visible to be more concerned about dangers hiding in the shadows of black-market platform Silk Road. A Reddit user has pursued more than 111,000 thousand bitcoins (worth more than $700 million) associated with Silk Road, that have recently been transferred to wallets of various online exchanges, possibly with the purpose to sell. Huge amounts of bitcoins being moved to exchange wallets give traders the shakes, as it likely means a lot of selling pressure on the price. In any case, the crypto market's upward momentum that started August has been brought to a screeching halt. The crypto world is still eagerly awaiting SEC's decision on a few proposed Bitcoin ETFs, which should come in late September, A positive ending to that could finally give the crypto market the kick in the butt that it needs, while a negative one would likely drive the prices even lower
We look at history when we intend to make a prediction about future events. Have there been any similar incident in the past? How did the incident end? Many people believe the future can be predicted partially. In late 2013, The price of Bitcoin went from $100 to about $1,000 after a series of very positive events (culminating in the famous Bitcoin Lovefest Senate Hearing). Many of the current cryptocurrency blockchain founders were apart of the industry, but only really got serious about the industry after this event. What followed this was a long bear market that didnt fully bottom out until January of 2016, and didnt fully recover until 2017. While the industry kept active and continued to innovate, the market didnt reflect this change until 2017.bIf we look at what the overall market looks like today, its easy to see a resemblance to this event Im not one to rely on similar looking charts to make decisions about a market, but the circumstances and the subject matter are too similar to chalk up to coincidence.
INGOT Coin (IC) aims to integrate the traditional financial industry with the blockchain innovation by offering a complete Ecosystem that provides crypto holders the access to all financial services. The first of all-inclusive Ecosystem will be the pioneer in linking the crypto universe to the current traditional world. INGOT Coin will comprise an unique solution by integrating 6 basic components of financial ecosystem and providing a one-stop-shop for the digital asset, traditional asset and currency markets to solve challenges by creating a link between the crypto market and the traditional market. The IC Ecosystem will establish 6 different components to work hand in hand under one umbrella, proving all community members the chance to capitalize on upcoming opportunities in all markets. The Ecosystems components, as shown below, are the IC Wallet, IC Exchange, IC Brokerage, IC Digital Bank IC Certifier and IC ICO Accelerator.
INGOT Coin aims to create an unprecedented, a first-of-its-kind revolutionary ecosystem based on Blockchain technology that will link newly developed crypto markets with the currently existing financial markets eliminating inefficiencies, while providing a one-stop ecosystem that enables participants to perform and execute transactions according to their financial needs. Among that background, they are constantly hard at work, try to intensify the formation and reach of INGOT Coin throughout the world. INGOT is creating an interrelated global community of trust and collaboration with its highly obvious platform. INGOT is balanced to give power back to the people by making them take total control of their finances.
Market way was a clear warning sign for investors. Market way is crucial and lets you know whether you should be looking to purchase coins, take profits or move to cash. In a confirmed uptrend, most coins/tokens are likely to increase and leading coins are more likely to deliver huge gains. In a bear market, even top-rated projects find it hard to make headway. When the market is under pressure, breakouts may happen but are more likely to fail, and other leading coins struggle.
There are several likely reasons behind the decrease. Goldman Sachs has been one of the major banking institutions which had showed real interest in Bitcoin, having funded Bitcoin startup Circle back in 2015, and reportedly mulled the idea of launching a crypto trading desk since late 2017. While the concern that institutions are mislaying interest in cryptocurrencies is a valid enough reason for caution, crypto traders become visible to be more concerned about dangers hiding in the shadows of black-market platform Silk Road. A Reddit user has pursued more than 111,000 thousand bitcoins (worth more than $700 million) associated with Silk Road, that have recently been transferred to wallets of various online exchanges, possibly with the purpose to sell. Huge amounts of bitcoins being moved to exchange wallets give traders the shakes, as it likely means a lot of selling pressure on the price. In any case, the crypto market's upward momentum that started August has been brought to a screeching halt. The crypto world is still eagerly awaiting SEC's decision on a few proposed Bitcoin ETFs, which should come in late September, A positive ending to that could finally give the crypto market the kick in the butt that it needs, while a negative one would likely drive the prices even lower
We look at history when we intend to make a prediction about future events. Have there been any similar incident in the past? How did the incident end? Many people believe the future can be predicted partially. In late 2013, The price of Bitcoin went from $100 to about $1,000 after a series of very positive events (culminating in the famous Bitcoin Lovefest Senate Hearing). Many of the current cryptocurrency blockchain founders were apart of the industry, but only really got serious about the industry after this event. What followed this was a long bear market that didnt fully bottom out until January of 2016, and didnt fully recover until 2017. While the industry kept active and continued to innovate, the market didnt reflect this change until 2017.bIf we look at what the overall market looks like today, its easy to see a resemblance to this event Im not one to rely on similar looking charts to make decisions about a market, but the circumstances and the subject matter are too similar to chalk up to coincidence.
INGOT Coin (IC) aims to integrate the traditional financial industry with the blockchain innovation by offering a complete Ecosystem that provides crypto holders the access to all financial services. The first of all-inclusive Ecosystem will be the pioneer in linking the crypto universe to the current traditional world. INGOT Coin will comprise an unique solution by integrating 6 basic components of financial ecosystem and providing a one-stop-shop for the digital asset, traditional asset and currency markets to solve challenges by creating a link between the crypto market and the traditional market. The IC Ecosystem will establish 6 different components to work hand in hand under one umbrella, proving all community members the chance to capitalize on upcoming opportunities in all markets. The Ecosystems components, as shown below, are the IC Wallet, IC Exchange, IC Brokerage, IC Digital Bank IC Certifier and IC ICO Accelerator.
INGOT Coin aims to create an unprecedented, a first-of-its-kind revolutionary ecosystem based on Blockchain technology that will link newly developed crypto markets with the currently existing financial markets eliminating inefficiencies, while providing a one-stop ecosystem that enables participants to perform and execute transactions according to their financial needs. Among that background, they are constantly hard at work, try to intensify the formation and reach of INGOT Coin throughout the world. INGOT is creating an interrelated global community of trust and collaboration with its highly obvious platform. INGOT is balanced to give power back to the people by making them take total control of their finances.
Its very common among oil and gas companies to buy products from each other and do a reconciliation based on the exchange contracts. For doing an accurate reconciliation, it is important to track the volumes accurately for reconciliations. The volumes can be sold from terminals, refineries or bulk storage locations and could be transported using various methods (e.g., trucks, pipelines, barges, ocean vessels, etc.). In most of the cases, the process to capture the accurate volume is manual along with the associated paperwork [e.g., permits, custody ownership and transfer, etc.] are manual and not centrally within one company.
By leveraging blockchain based solution, it could be possible to set up exchange agreements as smart contracts to track custody transfer and bring transparency into the reconciliation and settlements process. Participants can simultaneously view and share data on the location, volume, quality, and status of transactions.
The distributed ledger can also bring other participants, such as shipping companies, to update delivery information. Subsequently, payment status can be shared across a single shared ledger, helping to reduce transaction time, duplication of documents, and authentication of volumes among all partners through improved transparency and data sharing.
Through the use of smart contracts, we can now replace paper and complex legal agreements that are cumbersome, difficult to transfer and can be hard to track for the average person and even for sophisticated investors. Our solution for commodity investing (mainly in oil) would be to switch to a digital system along the lines of Bitcoin but linked to an asset. This solution is the PERMIAN Token (XPR). Imagine a vault of oil barrels. The oil barrels are owned by ""Oil-owner Inc."" and the vault is owned by ""Vault Inc."" Vault Inc. has a spectacular reputation and third-party auditors who verify the amount of oil barrels in its vault. Oil-owner Inc. could offer a digital token to the public that represents ownership of the oil barrels and through a smart contract with Vault Inc. maintain a public off-chain registry that relates fractional interest in the gold with the tokens. For every token sold, Oil-owner Inc. transfers ownership to Vault Inc., who holds it on behalf of the token owner. Vault Inc. guarantees redemption of the value price of oil barrels by anyone who can prove ownership through a digital signature. Oil-owner Inc. can take advantage of the fact that Vault Inc. is trusted (and audited). Owners of the tokens rely on Vault Inc.'s representations and not on Oil-owner Inc. (even though Oil-owner Inc. is the token issuer). One of the main advantages would be that buyers of the tokens could know that they are the only person who has received the token, whereas a buyer of a paper certificate has no way of knowing that the same certificate hasn't been sold to multiple people.
By leveraging blockchain based solution, it could be possible to set up exchange agreements as smart contracts to track custody transfer and bring transparency into the reconciliation and settlements process. Participants can simultaneously view and share data on the location, volume, quality, and status of transactions.
The distributed ledger can also bring other participants, such as shipping companies, to update delivery information. Subsequently, payment status can be shared across a single shared ledger, helping to reduce transaction time, duplication of documents, and authentication of volumes among all partners through improved transparency and data sharing.
Through the use of smart contracts, we can now replace paper and complex legal agreements that are cumbersome, difficult to transfer and can be hard to track for the average person and even for sophisticated investors. Our solution for commodity investing (mainly in oil) would be to switch to a digital system along the lines of Bitcoin but linked to an asset. This solution is the PERMIAN Token (XPR). Imagine a vault of oil barrels. The oil barrels are owned by ""Oil-owner Inc."" and the vault is owned by ""Vault Inc."" Vault Inc. has a spectacular reputation and third-party auditors who verify the amount of oil barrels in its vault. Oil-owner Inc. could offer a digital token to the public that represents ownership of the oil barrels and through a smart contract with Vault Inc. maintain a public off-chain registry that relates fractional interest in the gold with the tokens. For every token sold, Oil-owner Inc. transfers ownership to Vault Inc., who holds it on behalf of the token owner. Vault Inc. guarantees redemption of the value price of oil barrels by anyone who can prove ownership through a digital signature. Oil-owner Inc. can take advantage of the fact that Vault Inc. is trusted (and audited). Owners of the tokens rely on Vault Inc.'s representations and not on Oil-owner Inc. (even though Oil-owner Inc. is the token issuer). One of the main advantages would be that buyers of the tokens could know that they are the only person who has received the token, whereas a buyer of a paper certificate has no way of knowing that the same certificate hasn't been sold to multiple people.
Private equity firms and oil companies have poured billions of dollars into the Permian Basin over the last year, vying for position in an oilfield so prolific its generated profits even during the worst crude-market slump in a generation, ▪ Private equity sold more than $26 billion worth of assets, mostly to the public market Permian Basin Chevron said its exploration budget for the Permian Basin in 2018 would be $4 billion [8] 21 in the past yearincluding $17 billion in the Permian Basin, according to KeyBanc Capital Markets [5], ▪ Private Equity players were involved in deals worth around $13 billion in the first half of 2017... Within the United States, Private Equity investors primarily focused on the Permian Basin, with a total of 59 M&A deals backed by PE participation [6], ▪ The Permian Basin has also been the most active play for asset transactions in the first half of 2017 with 44 deals valued at around $20 billiona record high for the basin. ▪ In early 2017, ExxonMobil paid $5.6 billion for acreage positions of BOPCO (the Permian holdings of the Bass family) totaling 275,000 leased acres, 250,000 of which are in the Permians Delaware Basin in West Texas and New Mexico. This acquisition is significant for ExxonMobil to expand its presence in this US growth area for onshore oil production, with a projected resource of 3.4 billion barrels of oil equivalent
The Permian Basin has been of prime focus in the U.S. oil and gas industry. It is the second largest shale oil deposit in the world and the largest in the U.S. behind Saudi Arabia's Ghawar field (which is producing 5 million barrels a day), Cumulatively the Permian Basin produced over 30 billion barrels of oil and 75 trillion cu ft. of gas since its output began in 1921. In November 2016, a U.S geological survey indicated resources in the Permian Basin could exceed 20 billion barrels of oil. Meanwhile, over $28 billion was injected into the Permian Basin in 2016 (three times that in 2015). Daily oil production in the Permian Basin increased more than 30% since January 2014 to over 2 million BOE/day. This remarkable growth indicates that the economics of oil recovery in the Permian Basin are robust even in a relatively low-price environment.
The Permian Basin has been of prime focus in the U.S. oil and gas industry. It is the second largest shale oil deposit in the world and the largest in the U.S. behind Saudi Arabia's Ghawar field (which is producing 5 million barrels a day), Cumulatively the Permian Basin produced over 30 billion barrels of oil and 75 trillion cu ft. of gas since its output began in 1921. In November 2016, a U.S geological survey indicated resources in the Permian Basin could exceed 20 billion barrels of oil. Meanwhile, over $28 billion was injected into the Permian Basin in 2016 (three times that in 2015). Daily oil production in the Permian Basin increased more than 30% since January 2014 to over 2 million BOE/day. This remarkable growth indicates that the economics of oil recovery in the Permian Basin are robust even in a relatively low-price environment.
While the price of Bitcoin shows several ups and downs - the markets endure to show faith in the currency. This is a figure which has been seen multiple times in the past. While Bitcoins market dominance has risen, the market scenarios then and now are quite different. Back then, Bitcoin covered a 50% market share of the cryptocurrency markets, where the total crypto market cap stood at nearly $600 Billion. However, while Bitcoins market dominance is 50% , the overall market cap is less than half of what it was back then. The total cryptocurrency market cap is about $208 Billion.
Investors have become less open-minded and less willing to theorize on alt-coins. As a result, the investment and development of new crypto settlements will hurt. Bitcoins price is not the main issue of this topic. Thats because investors primarily concerned with relative value. Crypto community believe in relative value trading, and it can expose a lot of interesting about the cryptocurrency market. Price can be volatile, highly emotional and unstable. Relative value tells us a entirely different story. With a relative value perspective, we can see the market is increasing in fear, even if this isnt what is reflected in Bitcoins price. If youre a true optimist towards cryptocurrencies, the price is less significant than the vision of the future. A future where decentralized currencies can be used with total ease and convenience. Admittedly, this hasn't happened yet, but steps are being taken towards this future every day. In any case, bitcoin in its current form isnt able to deliver this future in the short term. Following on from this logic, presumably at some point another coin will takeover from bitcoin. But there is a solution to be independent.
INGOT Coin (IC) aims to integrate the traditional financial industry with the blockchain innovation by offering a complete Ecosystem that provides crypto holders the access to all financial services. The first of all-inclusive Ecosystem will be the pioneer in linking the crypto universe to the current traditional world. INGOT Coin will comprise an unique solution by integrating 6 basic components of financial ecosystem and providing a one-stop-shop for the digital asset, traditional asset and currency markets to solve challenges by creating a link between the crypto market and the traditional market. The IC Ecosystem will establish 6 different components to work hand in hand under one umbrella, proving all community members the chance to capitalize on upcoming opportunities in all markets. The Ecosystems components, as shown below, are the IC Wallet, IC Exchange, IC Brokerage, IC Digital Bank IC Certifier and IC ICO Accelerator.
INGOT Coin aims to create an unprecedented, a first-of-its-kind revolutionary ecosystem based on Blockchain technology that will link newly developed crypto markets with the currently existing financial markets eliminating inefficiencies, while providing a one-stop ecosystem that enables participants to perform and execute transactions according to their financial needs. Among that background, they are constantly hard at work, try to intensify the formation and reach of INGOT Coin throughout the world. INGOT is creating an interrelated global community of trust and collaboration with its highly obvious platform. INGOT is balanced to give power back to the people by making them take total control of their finances.
Investors have become less open-minded and less willing to theorize on alt-coins. As a result, the investment and development of new crypto settlements will hurt. Bitcoins price is not the main issue of this topic. Thats because investors primarily concerned with relative value. Crypto community believe in relative value trading, and it can expose a lot of interesting about the cryptocurrency market. Price can be volatile, highly emotional and unstable. Relative value tells us a entirely different story. With a relative value perspective, we can see the market is increasing in fear, even if this isnt what is reflected in Bitcoins price. If youre a true optimist towards cryptocurrencies, the price is less significant than the vision of the future. A future where decentralized currencies can be used with total ease and convenience. Admittedly, this hasn't happened yet, but steps are being taken towards this future every day. In any case, bitcoin in its current form isnt able to deliver this future in the short term. Following on from this logic, presumably at some point another coin will takeover from bitcoin. But there is a solution to be independent.
INGOT Coin (IC) aims to integrate the traditional financial industry with the blockchain innovation by offering a complete Ecosystem that provides crypto holders the access to all financial services. The first of all-inclusive Ecosystem will be the pioneer in linking the crypto universe to the current traditional world. INGOT Coin will comprise an unique solution by integrating 6 basic components of financial ecosystem and providing a one-stop-shop for the digital asset, traditional asset and currency markets to solve challenges by creating a link between the crypto market and the traditional market. The IC Ecosystem will establish 6 different components to work hand in hand under one umbrella, proving all community members the chance to capitalize on upcoming opportunities in all markets. The Ecosystems components, as shown below, are the IC Wallet, IC Exchange, IC Brokerage, IC Digital Bank IC Certifier and IC ICO Accelerator.
INGOT Coin aims to create an unprecedented, a first-of-its-kind revolutionary ecosystem based on Blockchain technology that will link newly developed crypto markets with the currently existing financial markets eliminating inefficiencies, while providing a one-stop ecosystem that enables participants to perform and execute transactions according to their financial needs. Among that background, they are constantly hard at work, try to intensify the formation and reach of INGOT Coin throughout the world. INGOT is creating an interrelated global community of trust and collaboration with its highly obvious platform. INGOT is balanced to give power back to the people by making them take total control of their finances.
Sure they are reliable. And this time they are more experienced than BNC. This Biox and BNC are correlated so they complete each other. They will try to get in CMC to 50. It's not impossible with that supply. I heard that they are being supported by some Korean team lately.
There is ofcourse an element of pride and possessiveness due to rarity of items as well like vintage cars or precious paintings, but not of raw gold.
How is TIM going to add value?
TIM Blockchain provides 4 breakthroughs:
Fast Mainnet
Subchains where you transact in your own tokens
Geonode for Enterprise Level Security
Hyperlocal Dapps to host taxi, e-commerce and other such nearby selling apps
Each of the above 4 listed features is going to push the crypto adoption curve. If you look at the last 3 major technologies like radio, TV and internet, their adoption curve(S-curve) is very insightful.
There were certain events which led to mass usage of these technologies. For example, radio became portable and industry usage due to war and trade pushed its adoption. Industrial revolution led mechanisation led to need entertainment in newer ways which led to penetration of TV. The technology obviously helped in making the cathode ray tubes more smaller and safe for home use.
This way, we predict the adoption of cryptos to be even faster once safety and usability are established. This is where TIM Blockchains enterprise level security by Geonodes and high performance mainnet can help. One should also note that it is not just cyber security, but also regulatory security provided by TIMs subchains where TIMs are not required for each transactions but only staking. This enables the subchains to make cryptoless transactions thus eliminating one of the key problems of toxicity of cryptos. Cryptocurrencies are mined by many unknown and uncensored group of entities who cannot be managed by any KYC or AML process. One doesnt know for how these miners acquired their mining devices or resources. Therefore involving cryptocurrencies in transactions is considered as toxic by regulators, and a key reason why Bitcoin and Ethereum are finding hard to please any regulatory approvals.
TIM driven adoption curve Security, Performance, Efficiency 100 Million TPS
The above graph tries to depict the adoption drive of cryptos led by TIM Blockchain. Security is of paramount importance. After which businesses and communities can reliably build their products and services on high performance architecture of TIM. TIM can scale upto 100 Million Transactions per second. And this phenomenal speed is required to serve many of the major and micro-transactions for both money as well as valuable information transactions. And lastly, communities will use the geolocation aware network of TIM to host, search and sell their services on Hyperlocal network. Hyperlocal network comprises of all users of TIM who can be identified by their interests. And one can create a commerce for these users based on these interests, based on approval and solicitation mechanism.
So what? Why Invest?
By investing in ICO, you stand to get a large share of tokens at a much lower cost than their utility value. This enables you to host a fast and futuristic business on blockchain of TIM or similarly help some other businesses to help them establish it. TIM Blockchain is going to disrupt how e-commerce is done, and in a collaborative way. And owners of TIM tokens stand to gain from early disruption readiness.
How is TIM going to add value?
TIM Blockchain provides 4 breakthroughs:
Fast Mainnet
Subchains where you transact in your own tokens
Geonode for Enterprise Level Security
Hyperlocal Dapps to host taxi, e-commerce and other such nearby selling apps
Each of the above 4 listed features is going to push the crypto adoption curve. If you look at the last 3 major technologies like radio, TV and internet, their adoption curve(S-curve) is very insightful.
There were certain events which led to mass usage of these technologies. For example, radio became portable and industry usage due to war and trade pushed its adoption. Industrial revolution led mechanisation led to need entertainment in newer ways which led to penetration of TV. The technology obviously helped in making the cathode ray tubes more smaller and safe for home use.
This way, we predict the adoption of cryptos to be even faster once safety and usability are established. This is where TIM Blockchains enterprise level security by Geonodes and high performance mainnet can help. One should also note that it is not just cyber security, but also regulatory security provided by TIMs subchains where TIMs are not required for each transactions but only staking. This enables the subchains to make cryptoless transactions thus eliminating one of the key problems of toxicity of cryptos. Cryptocurrencies are mined by many unknown and uncensored group of entities who cannot be managed by any KYC or AML process. One doesnt know for how these miners acquired their mining devices or resources. Therefore involving cryptocurrencies in transactions is considered as toxic by regulators, and a key reason why Bitcoin and Ethereum are finding hard to please any regulatory approvals.
TIM driven adoption curve Security, Performance, Efficiency 100 Million TPS
The above graph tries to depict the adoption drive of cryptos led by TIM Blockchain. Security is of paramount importance. After which businesses and communities can reliably build their products and services on high performance architecture of TIM. TIM can scale upto 100 Million Transactions per second. And this phenomenal speed is required to serve many of the major and micro-transactions for both money as well as valuable information transactions. And lastly, communities will use the geolocation aware network of TIM to host, search and sell their services on Hyperlocal network. Hyperlocal network comprises of all users of TIM who can be identified by their interests. And one can create a commerce for these users based on these interests, based on approval and solicitation mechanism.
So what? Why Invest?
By investing in ICO, you stand to get a large share of tokens at a much lower cost than their utility value. This enables you to host a fast and futuristic business on blockchain of TIM or similarly help some other businesses to help them establish it. TIM Blockchain is going to disrupt how e-commerce is done, and in a collaborative way. And owners of TIM tokens stand to gain from early disruption readiness.
Today, by tokenizing the global TV and Video industries, we harmonize and optimize all three important elements of the ecosystem: viewers, networks/content creators, and advertising brands. Through the rapid adoption and use of our HIT tokens among these three groups, we inspire a new, more holistic relationship between them all, with increased transparency and added value.Our new blockchain ecosystem for television and video content, based on the HIT protocol means:
Viewers get paid to watch & participate with their favorite shows
Content Creators engage viewers & generate revenue
Advertisers gain transparency & insight on their audience
All the players in the media ecosystem benefit using HITs, for a sustainable exchange of HIT tokens between members. Lets see how this works:
For Viewers
We are creating a global marketplace a digital Shopping Plaza. With the HIT protocol, every moment a viewer spends watching or interacting with their favorite show is a way to put HIT tokens into their account, which they can seamlessly use to purchase digital and physical goods and services on our inventoried item management system. This transforms the anonymous consumer patterns on TV and online video into a worldwide economy where the consumer of video content is fully engaged and in control, with more choices, tailored to each viewers preferences. No more whack-a-moling through annoying and seemingly random pop-up ads a viewer has no interest in, before being allowed to see desirable content.
For TV Networks and Content Creators
The HIT protocol provides TV networks with new interactive marketing campaigns to enhance the viewer experience and keep them coming back for more. To help drive repeat engagement, broadcasters and their programs will be given special campaign management tools, including the ability to create show-specific badges and achievement levels attached to limited-time campaigns. Sponsorship integration will allow the promotion of partners within given campaigns. Subscription Video On Demand (SVOD) will present opportunities for partners to recycle evergreen or continued-demand content with new interactive experiences.
Compensation for content creators on channels like YouTube has always been an area of contention in an ever-changing terrain of percentages and viewer stipulations that make earning a fair reward for quality content a challenge. When viewers interact with creators, the HIT protocol tracks that engagement, enabling the content creator to learn more about their audience which in turn helps in the creation of better content.
Using the HIT protocol, these kinds of creators will be able to choose how they will be compensated for their content to let the market decide the value of their contributions. TV shows and content creators can give viewers the power to choose the outcome of character eliminations, plot twists and affect the future by voting with their HIT tokens for an enhanced synergistic rapport to develop a loyal following.
For Brands
Today, brand advertisers dont have any real data about who sees their TV commercials or what viewers do after seeing commercials. The HIT protocol changes this by allowing full transparency so advertisers can see who is interacting with their commercials or with any interactive promotions they run within TV shows or video content. (Of course, viewers must give their consent to be tracked and they are rewarded for their consent.) This never-before-possible level of transparency gives brands a new level of insight into their customers and potential customers, so they can tailor their advertising, campaigns, messaging, and even products to a specific audience more effectively and for higher sales and a better rate on investment for advertising. Where do I get the most up-to-date information?
Medium: https://medium.com/@HitProtocol
Telegram: https://t.me/joinchat/GbhICkzlix0FAiTlQIzufA
Reddit: https://www.reddit.com/r/HITPROTOCOL
Twitter: https://twitter.com/HitProtocol
Viewers get paid to watch & participate with their favorite shows
Content Creators engage viewers & generate revenue
Advertisers gain transparency & insight on their audience
All the players in the media ecosystem benefit using HITs, for a sustainable exchange of HIT tokens between members. Lets see how this works:
For Viewers
We are creating a global marketplace a digital Shopping Plaza. With the HIT protocol, every moment a viewer spends watching or interacting with their favorite show is a way to put HIT tokens into their account, which they can seamlessly use to purchase digital and physical goods and services on our inventoried item management system. This transforms the anonymous consumer patterns on TV and online video into a worldwide economy where the consumer of video content is fully engaged and in control, with more choices, tailored to each viewers preferences. No more whack-a-moling through annoying and seemingly random pop-up ads a viewer has no interest in, before being allowed to see desirable content.
For TV Networks and Content Creators
The HIT protocol provides TV networks with new interactive marketing campaigns to enhance the viewer experience and keep them coming back for more. To help drive repeat engagement, broadcasters and their programs will be given special campaign management tools, including the ability to create show-specific badges and achievement levels attached to limited-time campaigns. Sponsorship integration will allow the promotion of partners within given campaigns. Subscription Video On Demand (SVOD) will present opportunities for partners to recycle evergreen or continued-demand content with new interactive experiences.
Compensation for content creators on channels like YouTube has always been an area of contention in an ever-changing terrain of percentages and viewer stipulations that make earning a fair reward for quality content a challenge. When viewers interact with creators, the HIT protocol tracks that engagement, enabling the content creator to learn more about their audience which in turn helps in the creation of better content.
Using the HIT protocol, these kinds of creators will be able to choose how they will be compensated for their content to let the market decide the value of their contributions. TV shows and content creators can give viewers the power to choose the outcome of character eliminations, plot twists and affect the future by voting with their HIT tokens for an enhanced synergistic rapport to develop a loyal following.
For Brands
Today, brand advertisers dont have any real data about who sees their TV commercials or what viewers do after seeing commercials. The HIT protocol changes this by allowing full transparency so advertisers can see who is interacting with their commercials or with any interactive promotions they run within TV shows or video content. (Of course, viewers must give their consent to be tracked and they are rewarded for their consent.) This never-before-possible level of transparency gives brands a new level of insight into their customers and potential customers, so they can tailor their advertising, campaigns, messaging, and even products to a specific audience more effectively and for higher sales and a better rate on investment for advertising. Where do I get the most up-to-date information?
Medium: https://medium.com/@HitProtocol
Telegram: https://t.me/joinchat/GbhICkzlix0FAiTlQIzufA
Reddit: https://www.reddit.com/r/HITPROTOCOL
Twitter: https://twitter.com/HitProtocol
Future developments in energy and oil markets will be driven by number of factors. The critical ones include population growth, changing demographics, and the assumed path of economic growth, policy changes, technology advancements and energy & oil prices. For population growth, this is expected to expand at an unprecedented low rate compared to the previous century. Moreover, the growth rate is anticipated to see a further deceleration as the outlook moves to 2040. At the same time, the world continues to age as fertility rates decline and people live longer across the world. In addition, more people are moving from country-to-country, as well as increasingly to urban areas. Global population is estimated to increase from 7.3 billion in 2015 to 9.2 billion in 2040. The additional 1.8 billion people will mainly come from Developing countries. In the Organization for Economic Co-operation and Development (OECD) region, population is forecast to increase by 116 million people in the period to 2040 partly supported by immigration. The share of the global working age population (that is, individuals aged between 15 and 64 years) peaked in 2012, following a steady increase since 1970. Individuals aged 65 or more are anticipated to account for 14% of the world population in 2040, up from today's level of 8%. Children are estimated to represent 22% of the population by 2040, down from 26% today.
Through the use of smart contracts, we can now replace paper and complex legal agreements that are cumbersome, difficult to transfer and can be hard to track for the average person and even for sophisticated investors. Our solution for commodity investing (mainly in oil) would be to switch to a digital system along the lines of Bitcoin but linked to an asset. This solution is the PERMIAN Token (XPR). Imagine a vault of oil barrels. The oil barrels are owned by ""Oil-owner Inc."" and the vault is owned by ""Vault Inc."" Vault Inc. has a spectacular reputation and third-party auditors who verify the amount of oil barrels in its vault. Oil-owner Inc. could offer a digital token to the public that represents ownership of the oil barrels and through a smart contract with Vault Inc. maintain a public off-chain registry that relates fractional interest in the gold with the tokens. For every token sold, Oil-owner Inc. transfers ownership to Vault Inc., who holds it on behalf of the token owner. Vault Inc. guarantees redemption of the value price of oil barrels by anyone who can prove ownership through a digital signature. Oil-owner Inc. can take advantage of the fact that Vault Inc. is trusted (and audited). Owners of the tokens rely on Vault Inc.'s representations and not on Oil-owner Inc. (even though Oil-owner Inc. is the token issuer). One of the main advantages would be that buyers of the tokens could know that they are the only person who has received the token, whereas a buyer of a paper certificate has no way of knowing that the same certificate hasn't been sold to multiple people.
Through the use of smart contracts, we can now replace paper and complex legal agreements that are cumbersome, difficult to transfer and can be hard to track for the average person and even for sophisticated investors. Our solution for commodity investing (mainly in oil) would be to switch to a digital system along the lines of Bitcoin but linked to an asset. This solution is the PERMIAN Token (XPR). Imagine a vault of oil barrels. The oil barrels are owned by ""Oil-owner Inc."" and the vault is owned by ""Vault Inc."" Vault Inc. has a spectacular reputation and third-party auditors who verify the amount of oil barrels in its vault. Oil-owner Inc. could offer a digital token to the public that represents ownership of the oil barrels and through a smart contract with Vault Inc. maintain a public off-chain registry that relates fractional interest in the gold with the tokens. For every token sold, Oil-owner Inc. transfers ownership to Vault Inc., who holds it on behalf of the token owner. Vault Inc. guarantees redemption of the value price of oil barrels by anyone who can prove ownership through a digital signature. Oil-owner Inc. can take advantage of the fact that Vault Inc. is trusted (and audited). Owners of the tokens rely on Vault Inc.'s representations and not on Oil-owner Inc. (even though Oil-owner Inc. is the token issuer). One of the main advantages would be that buyers of the tokens could know that they are the only person who has received the token, whereas a buyer of a paper certificate has no way of knowing that the same certificate hasn't been sold to multiple people.
Re: What are the best icos in july august and september 2018
TIM is a two layered blockchain -First layer is root blockchain which only stores Merkle hash of second layer. First layer is very light weight (approx. 4 MB data size). Second layer (Multigraph) is the one which stores all the transaction data in form of blocks. First layer only references the blocks of second layer. Second layer blocks are partitioned using vertical shard. Each node (mobile device / computer running TIM core engine) in TIM network contains entire root blockchain (first layer) and only a part of the second layer blocks. Assuming there are 10,000 nodes in a network, TIM first creates cluster of nodes based on geolocation using partition technology. So, the nodes which belongs to ASIA will be part of ASIA cluster and nodes which belongs to North America will belong to North America cluster. TIM call this clusters as triangles / graphs. The transaction which is originating in North America will participate in triangle of North America. All blocks mined in North America will be stored in each of the nodes which belong to North America region only. However, all the nodes of North America will have complete root blockchain present but only part of second layer blocks which is mined in North America. Similarly, each Node of Asia Cluster (triangle) will contain entire root blockchain of TIM but only part of second layer blocks which is mined in ASIA. This is called as vertical partition of blocks.
In todays world, most of the blockchain coin prices are driven by scarcity model and hype which is not based on real world use case. None of the blockchain is capable enough to meet the demand of enterprise and governments. They need high transaction rate and security against future thread like quantum attack. Most of the banks are still keeping themselves away from existing blockchains because of high transaction fees, partial decentralism and future quantum attacks. This is where TIM will play an important role in solving real use case of the world. From first day to today, TIM always targets to support high transaction rate (up to 100 million TPS), is quantum secure yet low fee and fully decentralized.
The history of TIM Blockchain was started with product requirement analysis at August 2016. The team determined user expectations for the product, it means that defined the product scope. The team defined an initial set of requirements. In further steps of development, the team created detailed issues for daily task sand linked each task with one or more requirements to keep traceability of development activities with requirements.
Blockchain technology is based on cryptographic algorithms designed to prevent data distortion. Each block includes a hash to the previous block, so its impossible to substitute an intermediate block in the ledger. At February 2017, TIM IOT division has developed the IOT device (ASIC chip) which can directly talk to TIM blockchain. This is developed using PUF technology (Physical Unclonable Function) to prevent spoofing attack, so that no one can create a copy of it and do spoofing attack on Private TIM blockchain Network of our clients. These IOT devices will be used for many purpose like FX transactions on chip, tracking logistics and consignments and many more.
At the end of the 2017, the project concept and prototypes of TIM Blockchain has been developed and team developed the multigraph simulated network system. TIM uses vertical partitioning of blockchain using geolocation of nodes and is dynamic based on demand. (Load of transaction in a given region). This term is called as dynamic sharding and vertical sharding. The network starts with two default graphs across the globe with partition across the equator line. With increase of transactions, the graphs are forked to create more parallel partitions which could increase the overall throughput of the system.
After the whitepaper completion, TIM Blockchain team published a new and pathbreaking model for how cryptography based digital assets, namely cryptocurrencies or tokens in March 2018. It was based on simple premise of utility value, which means that any asset should be as valuable as its usefulness. Additionally, the pre-ICO of TIM Blockchain had been conducted in March 2018 and collected 3000 ETH from more than 200 investors. The ultimate goal is always reaching higher at TIM Blockchain, so the hard cap is determined where TIM Blockchain needs to reach.
TIM team continued with developing the multigraph test network and integrations the POA network on the public Node multigraph in the April 2018. The blockchain security is achieved by the multigraph generated by sharding of TIM network. The key generation works for network size of above 400, therefore has a future readiness feature. The generation mechanism is collaborative, where each of the graph miner computes the isogeny contribution by keeping oneself at the root. The root nature can be easily verified when the block is signed. This also mandates that the block to be created by one of graph miners. To reach this stage, the size of the multigraph is key criteria.
TIM Blockchain has released limited beta for sharding testnet. TIM uses vertical partitioning of blockchain using geolocation of nodes and is dynamic based on demand. This term is called as dynamic sharding and vertical sharding. TIM Blockchain built over Ethereum code base using vertical sharding, on-demand partition, load distribution based on statistical model, DAG based network topology for nodes communication, scoring mechanism using gossip trust protocol, cuckoo filter instead of bloom filter and many more.
Besides the marketing power of TIM Blockchain, project team has established alliances and strategic partnerships across industries in order to enable knowledge creations as well as gaining diverse perspectives from every side of the spectrum. TIM Blockchain aims to cultivate a coordinated global positive community and cooperation on which the basis of integrity and transparency among its members. TIM Blockchain Team are working to expand further, reaching out to larger audiences and achieving the next goal (hard cap), amongst having numerous existing partnerships.
And finally, TIM Blockchain is pleased to announce that the crowd sale has begun at the 15h September 2018 and the fastest contributors got their TIM tokens secured. TIM tokens have been sold to the general public with appropriate KYC and AML compliance. The crowd sale has been conducted on the LAToken platform -https://[Suspicious link removed]/2Oaog0c currently a Top 50 Cryptocurrency Exchange. TIM Blockchain has announced that to help investors in current market conditions, Ethereum price are pegged to US$400. This gives them more TIM tokens than their ether would otherwise buy.
The TIM foundation aims to strengthen communities across the globe using technological advancement and innovation. We are committed to create one of the most viable public, scalable, secure, permission-less blockchain of choice for enterprises, governments and partners.
In todays world, most of the blockchain coin prices are driven by scarcity model and hype which is not based on real world use case. None of the blockchain is capable enough to meet the demand of enterprise and governments. They need high transaction rate and security against future thread like quantum attack. Most of the banks are still keeping themselves away from existing blockchains because of high transaction fees, partial decentralism and future quantum attacks. This is where TIM will play an important role in solving real use case of the world. From first day to today, TIM always targets to support high transaction rate (up to 100 million TPS), is quantum secure yet low fee and fully decentralized.
The history of TIM Blockchain was started with product requirement analysis at August 2016. The team determined user expectations for the product, it means that defined the product scope. The team defined an initial set of requirements. In further steps of development, the team created detailed issues for daily task sand linked each task with one or more requirements to keep traceability of development activities with requirements.
Blockchain technology is based on cryptographic algorithms designed to prevent data distortion. Each block includes a hash to the previous block, so its impossible to substitute an intermediate block in the ledger. At February 2017, TIM IOT division has developed the IOT device (ASIC chip) which can directly talk to TIM blockchain. This is developed using PUF technology (Physical Unclonable Function) to prevent spoofing attack, so that no one can create a copy of it and do spoofing attack on Private TIM blockchain Network of our clients. These IOT devices will be used for many purpose like FX transactions on chip, tracking logistics and consignments and many more.
At the end of the 2017, the project concept and prototypes of TIM Blockchain has been developed and team developed the multigraph simulated network system. TIM uses vertical partitioning of blockchain using geolocation of nodes and is dynamic based on demand. (Load of transaction in a given region). This term is called as dynamic sharding and vertical sharding. The network starts with two default graphs across the globe with partition across the equator line. With increase of transactions, the graphs are forked to create more parallel partitions which could increase the overall throughput of the system.
After the whitepaper completion, TIM Blockchain team published a new and pathbreaking model for how cryptography based digital assets, namely cryptocurrencies or tokens in March 2018. It was based on simple premise of utility value, which means that any asset should be as valuable as its usefulness. Additionally, the pre-ICO of TIM Blockchain had been conducted in March 2018 and collected 3000 ETH from more than 200 investors. The ultimate goal is always reaching higher at TIM Blockchain, so the hard cap is determined where TIM Blockchain needs to reach.
TIM team continued with developing the multigraph test network and integrations the POA network on the public Node multigraph in the April 2018. The blockchain security is achieved by the multigraph generated by sharding of TIM network. The key generation works for network size of above 400, therefore has a future readiness feature. The generation mechanism is collaborative, where each of the graph miner computes the isogeny contribution by keeping oneself at the root. The root nature can be easily verified when the block is signed. This also mandates that the block to be created by one of graph miners. To reach this stage, the size of the multigraph is key criteria.
TIM Blockchain has released limited beta for sharding testnet. TIM uses vertical partitioning of blockchain using geolocation of nodes and is dynamic based on demand. This term is called as dynamic sharding and vertical sharding. TIM Blockchain built over Ethereum code base using vertical sharding, on-demand partition, load distribution based on statistical model, DAG based network topology for nodes communication, scoring mechanism using gossip trust protocol, cuckoo filter instead of bloom filter and many more.
Besides the marketing power of TIM Blockchain, project team has established alliances and strategic partnerships across industries in order to enable knowledge creations as well as gaining diverse perspectives from every side of the spectrum. TIM Blockchain aims to cultivate a coordinated global positive community and cooperation on which the basis of integrity and transparency among its members. TIM Blockchain Team are working to expand further, reaching out to larger audiences and achieving the next goal (hard cap), amongst having numerous existing partnerships.
And finally, TIM Blockchain is pleased to announce that the crowd sale has begun at the 15h September 2018 and the fastest contributors got their TIM tokens secured. TIM tokens have been sold to the general public with appropriate KYC and AML compliance. The crowd sale has been conducted on the LAToken platform -https://[Suspicious link removed]/2Oaog0c currently a Top 50 Cryptocurrency Exchange. TIM Blockchain has announced that to help investors in current market conditions, Ethereum price are pegged to US$400. This gives them more TIM tokens than their ether would otherwise buy.
The TIM foundation aims to strengthen communities across the globe using technological advancement and innovation. We are committed to create one of the most viable public, scalable, secure, permission-less blockchain of choice for enterprises, governments and partners.
INGOT Group, a multi-industry company with industry-specific professionals, is all set to bring about a groundbreaking impact on the existing financial markets. By creating a revolutionary blockchain based ecosystem named INGOT Coin (IC), they have finally made it possible to build a new pathway between the crypto and the current traditional market participants, enabling them to diversify their portfolio in an efficient and secure manner.
From first day to today, INGOT Coin always targets to be the bridge between cryptocurrency and traditional financial markets through its platform, banking services, and IC brokerage. Estonia stationed, Ethereum blockchain based ecosystem aims to revive lost unity and demands to both markets through the establishment of 6 components that work together, under a single roof. Aim of INGOT Coin is to create an unprecedented, a first-of-its-kind revolutionary ecosystem based on Blockchain technology that will link newly developed crypto markets with the currently existing financial markets eliminating inefficiencies, while providing a one-stop ecosystem that enables participants to perform and execute transactions according to their financial needs.
INGOT Coin has already started to shape the future of the financial markets by collecting soft cap, receiving over $40,000,000 USD. INGOT Coin team is grateful for investors trust in INGOT Coin project and proud to launch a decentralized financial ecosystem together with you. The ultimate goal is always reaching higher at INGOT Coin, so the hard cap is determined where INGOT Coin needs to reach.
Marketing has the power of determining the future of the world. Marketing strategy of INGOT Coin is to send the right message to the right people at the right time using the right channel. INGOT Coin achieves this will live till another age of evolution. INGOT Coin believes to invest in values that people care, environment, and ecosystem to use for a long term. INGOT Coin provides multiple social networks, so potential investors and customers can become better acquainted with INGOT Coin service. This is one of the main benefits of INGOT Coin marketing ability.
Community is the backbone of a Project in the crypto world. INGOT Coin uses Telegram to organically gather thousands of people to own community and the INGOT Coin Network Telegram Community reached the 100,000 Telegram members in last period. INGOT Coin accomplished this milestone in a remarkably short amount of time. This is important because decentralized projects are literally powered by their communities.
Besides the marketing power of INGOT Coin, Project team has established alliances and strategic partnerships across industries in order to enable knowledge creations as well as gaining diverse perspectives from every side of the spectrum. INGOT Coin aims to cultivate a coordinated global positive community and cooperation on which the basis of integrity and transparency among its members. The perspective and plan of INGOT is to offer the community with real Utility value whether Bitcoin is at low or high level. To achieve that aim INGOT has partnered with multiple ICOs in order to provide numerous Utilities with an access from one platform. INGOT Team are working to expand further, reaching out to larger audiences and achieving the next goal (hard cap), amongst having numerous existing partnerships Trade.io, GMEX Group, MFCHAIN, Swachhcoin, Xchain, ICO HOLDER, Coin Traffic, Zichain, Place Torrent, Bolttcoin, Hackernoon, Stella, and Bineuro. The Alliance believes that by bringing together different ICOs from different industries such as health, insurance, financial services, E-commerce and real estate, and combining the different existing Utility Functions a new meaning to Utility will be created.
The Ingot Coin group is defined to make Ingot Coin rating between the top ten cryptocurrencies all over the world. Among that background, they are constantly hard at work, try to intensify the formation and reach of INGOT Coin throughout the world. INGOT is creating an interrelated global community of trust and collaboration with its highly obvious platform. INGOT is balanced to give power back to the people by making them take total control of their finances.
From first day to today, INGOT Coin always targets to be the bridge between cryptocurrency and traditional financial markets through its platform, banking services, and IC brokerage. Estonia stationed, Ethereum blockchain based ecosystem aims to revive lost unity and demands to both markets through the establishment of 6 components that work together, under a single roof. Aim of INGOT Coin is to create an unprecedented, a first-of-its-kind revolutionary ecosystem based on Blockchain technology that will link newly developed crypto markets with the currently existing financial markets eliminating inefficiencies, while providing a one-stop ecosystem that enables participants to perform and execute transactions according to their financial needs.
INGOT Coin has already started to shape the future of the financial markets by collecting soft cap, receiving over $40,000,000 USD. INGOT Coin team is grateful for investors trust in INGOT Coin project and proud to launch a decentralized financial ecosystem together with you. The ultimate goal is always reaching higher at INGOT Coin, so the hard cap is determined where INGOT Coin needs to reach.
Marketing has the power of determining the future of the world. Marketing strategy of INGOT Coin is to send the right message to the right people at the right time using the right channel. INGOT Coin achieves this will live till another age of evolution. INGOT Coin believes to invest in values that people care, environment, and ecosystem to use for a long term. INGOT Coin provides multiple social networks, so potential investors and customers can become better acquainted with INGOT Coin service. This is one of the main benefits of INGOT Coin marketing ability.
Community is the backbone of a Project in the crypto world. INGOT Coin uses Telegram to organically gather thousands of people to own community and the INGOT Coin Network Telegram Community reached the 100,000 Telegram members in last period. INGOT Coin accomplished this milestone in a remarkably short amount of time. This is important because decentralized projects are literally powered by their communities.
Besides the marketing power of INGOT Coin, Project team has established alliances and strategic partnerships across industries in order to enable knowledge creations as well as gaining diverse perspectives from every side of the spectrum. INGOT Coin aims to cultivate a coordinated global positive community and cooperation on which the basis of integrity and transparency among its members. The perspective and plan of INGOT is to offer the community with real Utility value whether Bitcoin is at low or high level. To achieve that aim INGOT has partnered with multiple ICOs in order to provide numerous Utilities with an access from one platform. INGOT Team are working to expand further, reaching out to larger audiences and achieving the next goal (hard cap), amongst having numerous existing partnerships Trade.io, GMEX Group, MFCHAIN, Swachhcoin, Xchain, ICO HOLDER, Coin Traffic, Zichain, Place Torrent, Bolttcoin, Hackernoon, Stella, and Bineuro. The Alliance believes that by bringing together different ICOs from different industries such as health, insurance, financial services, E-commerce and real estate, and combining the different existing Utility Functions a new meaning to Utility will be created.
The Ingot Coin group is defined to make Ingot Coin rating between the top ten cryptocurrencies all over the world. Among that background, they are constantly hard at work, try to intensify the formation and reach of INGOT Coin throughout the world. INGOT is creating an interrelated global community of trust and collaboration with its highly obvious platform. INGOT is balanced to give power back to the people by making them take total control of their finances.
Yeah! They are producing a ledger like nano. Did you just see it? I've already bought lots of bionic. Counting days to the moon. 
https://www.youtube.com/watch?v=TOYvdptslk0&feature=youtu.be
https://www.youtube.com/watch?v=TOYvdptslk0&feature=youtu.be