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    Home Unlabelled Crypto Currency Markets People Can’t Be Trusted. That’s Why The Blockchain Will Change The World - Algebraix

    Crypto Currency Markets People Can’t Be Trusted. That’s Why The Blockchain Will Change The World - Algebraix

    May 02, 2018

    Crypto Currency Markets People Can’t Be Trusted. That’s Why The Blockchain Will Change The World - Algebraix

    People Can’t Be Trusted. That’s Why The Blockchain Will Change The World - Algebraix

    Posted: 02 May 2018 10:27 AM PDT

    Korean Peace Agreement Recorded on Ethereum Blockchain

    Posted: 02 May 2018 12:14 PM PDT

    Goldman Sachs To Launch a Bitcoin Trading Desk

    Posted: 02 May 2018 09:45 PM PDT

    Standing room only at our presentation at the Future Blockchain Summit in Dubai today!

    Posted: 02 May 2018 09:31 AM PDT

    Up 33%: Bitcoin's Price Just Had Its Best Month of 2018

    Posted: 01 May 2018 11:32 PM PDT

    OG Crypto talk with Synth of Skycoin

    Posted: 02 May 2018 11:42 AM PDT

    South Korea Working on Bill to Legalize New ICOs

    Posted: 02 May 2018 08:23 PM PDT

    Litecoin Payments are Quietly Starting to Catch On

    Posted: 02 May 2018 03:28 PM PDT

    Why Goldman Sachs Trading Bitcoin in Such a Big Deal?

    Posted: 02 May 2018 06:01 PM PDT

    Waves Platform Launches Smart Contracts to Compete with Ethereum

    Posted: 02 May 2018 07:30 AM PDT

    Are mainstream companies applying for blockhain patents just to be “patent trolls”

    Posted: 02 May 2018 09:30 PM PDT

    World First Decentralized ICO - Starting in 3 minutes!

    Posted: 02 May 2018 09:06 PM PDT

    BlocNation ICO is about to start! What is a Decentralized ICO you ask? You can get all the information here;

    https://komodoplatform.com/faq/what-is-a-decentralized-ico-a-k-a-dico-arent-all-ico-platforms-decentralized/

    Similar to OmiseGo, BlocNation does cashless payments, already have a company with current revenue/customers and moving over to blockchain technology. Decentralized exchange, using NFC wristbands at events and music festivals to pay.

    This is going to go down in history. People may not understand or know about the important of decentralized ICO's, people may not be interested in BlocNation, but today will go down in history as the very first dICO ever!

    submitted by /u/_kaichi
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    ETERBASE Presentation at StartupToken 2018 in Paris

    Posted: 02 May 2018 10:00 AM PDT

    New video on demand startup is trying to put netflix and ticketmaster out of business and on the blockchain

    Posted: 02 May 2018 05:11 PM PDT

    Rebalance vs. HODL: A Technical Analysis

    Posted: 02 May 2018 01:14 PM PDT

    #BACOINGATE: Oscar Meyer served with cease and desist for copyright infringement

    Posted: 02 May 2018 09:07 AM PDT

    Aion just successfully showcased a token transaction between blockchains using a decentralized bridge at AionEx!

    Posted: 02 May 2018 11:13 AM PDT

    What is Augur?

    Posted: 02 May 2018 09:35 AM PDT

    Kyro launches cryptocurrency tracker with news & curated research

    Posted: 02 May 2018 07:06 PM PDT

    ChronoBank: All About The ChronoBank Ecosystem

    Posted: 02 May 2018 06:58 PM PDT

    ChronoBank is more than just a suite of software. It's an ecosystem built on the decentralised Ethereum blockchain and a host of powerful smart contracts applications. In our blog post, we explore the main components of the ChronoBank ecosystem and the role that each one plays.

    ChronoBank's goal is to build an open, decentralised ecosystem that is available to everyone and that will accelerate the development of the new global financial paradigm, as well as a new reality for the web and online services. We seek to achieve this through a number of key pieces of software. See below for a short overview:

    LaborX

    The heart of ChronoBank's ecosystem is LaborX: a decentralised labour-hire marketplace. Built using Ethereum's smart contracts, LaborX uses a dedicated sidechain for scalability and throughput.

    ChronoMint

    ChronoBank offers powerful token creation and management facilities. ChronoMint is the interface for this extensive functionality, giving users a clean, straightforward frontend for smart contracts and tokens operations.

    TimeX

    TimeX is a decentralised exchange based on the 0x protocol. It will be built on the same Ethereum sidechain as the LaborX marketplace, and will offer trustless peer-to-peer trading of ERC20 tokens and other popular cryptocurrencies.

    Distributed Blockchain Middleware Tracker

    We have created our DMT to act as a middleware layer for all our products, providing access to different blockchains and operations on them

    Follow this link to read the full feature on our blog.

    ChronoBank's Ecosystem Explained

    submitted by /u/ChronoBank
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    Another one of these what would you invest in.....?

    Posted: 02 May 2018 10:07 PM PDT

    Looking at getting back in after crashes in January, things have picked back up!, what are we feeling? If you had $20k where would you put it, I considered $1000 each in my top 20 picks but please, shill me your coins and what should I avoid.

    submitted by /u/ts4184
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    BMW, Ford, GM: World's Largest Automakers Form Blockchain Coalition

    Posted: 02 May 2018 05:46 AM PDT

    Dubai Partners With IBM to Launch Blockchain Registry

    Posted: 02 May 2018 03:54 PM PDT

    GET Protocol - Using Blockchain To Eradicate Ticket Touting & Empowering Artists (1 Million Tickets On The Blockchain By End Of 2019)

    Posted: 02 May 2018 04:22 AM PDT

    The Problem

    The GET Protocol is a solution to an inherent problem that we face today in the event industry. Any concert, theatre event or festival is plagued with tickets being sold second hand for ridiculous prices, resulting in the true fans having to pay anywhere from 5-20x more money for a ticket on the secondary ticketing market. This is caused by bots and professional re-selling companies who rely on the connection made by the artist and fan to gouge fans of their money, in fact many cases have been found against Ticket Master who deliberately hold back tickets from the initial sale in order to sell on their own re-selling websites. In recent occurrences we have seen Adele, Ed Sheeran & other big artists express their anger at these websites and companies, so this brings us to the question of how we can solve this issue?

    Using The Blockchain To Solve The Problem

    So lets delve into what makes the GET Protocol so good, it's being developed on top of the Ethereum blockchain and is in development by GUTS Tickets, a Dutch team based in Amsterdam. The protocol works so that once fully completed it will allow any artist to sell tickets to fans directly over the protocol & blockchain. Any fan attending an event will never realise that they hold an ethereum wallet as the team believes (and so do I) that in order to get mainstream adoption, the technical side of things should be left running in the background and the user experience should be up front.

    The GUTS Application which utilises the protocol is already working and being used across 10+ theatres in the Netherlands, in fact here's a photo from one of the theatres, none of these people know they have an ethereum wallet, they are crypto muggles!. As I mentioned in the title, they will have sold 1 million tickets by the end of next year, all of these tickets will be registered and have the ticket state changes on the blockchain and each and every ticket will be backed by a cryptocurrency called GET. The application uses several pieces of technology to prevent ticket scalping, it ties tickets to the persons mobile sim and shuffles the QR code of the ticket so that only the scanned code upon arrival at the theatre works, therefore it makes it impossible to screenshot the code or print it for re-sale. There are further technologies in play and thanks to the blockchain the venue/artist can also get real time statistics of tickets being scanned (which allows artists complete control to peak under the hood and ensure malicious practices are not in play). Here's a screenshot of the dashboard frpm one of the recent events: https://imgur.com/a/lLH1YFf

    The Team have three main big artists on board from the Netherlands, Youp Van 't Hek, Jochem Myjer, Guus Meuwis (combined they have a following of over 4 million people). They all went onto Dutch Prime Time TV, De Wereld Draait Door to discuss the tech: https://vimeo.com/258953277.

    Introducing GET

    So GET is a cryptocurrency that backs each and every smart ticket starting in Q3 that is sold either on the GET Protocol or the GUTS tickets application that runs on top of the protocol. Fans never know that there is cryptocurrency or blockchain technology being used, they buy tickets via the GUTS app using FIAT which makes it so that truly anyone can utilise the technology. As an investor this makes any tickets being sold lucrative as since GET is bought off the open market by the price oracle (which buys GET from a range of exchanges at the average price per GET) the buy pressure increases as more and more events adopt the protocol and technology. We're already seeing many events getting on board and many more to come, you can see all the events already line here: https://events.guts.tickets/events

    As for the token economics of GET:

    • 10,384,393 GET Current Circulating Supply

    • 13,523,852.45 GET Max Circulating Supply

    • £5,903,246 GBP Current Market Cap

    Right Now GET Is Mainly Available On (Centralised Exchange Coming In The Next Two Months):

    Needless to say that the GET Protocol is primed to blow the doors off the centralised corrupt ticketing industry, which is expected to grow to 24 Billion by 2021. The protocol could allow artists to completely change the way they sell tickets to fans, giving them ultimate control and allowing blockchain to flourish by being used in a way that truly utilises decentralisation for good. If you're interested in checking out the project, make sure to visit www.guts.tickets & blog and also check out this great video by Dr10 on the GET Protocol here:

    https://www.youtube.com/watch?v=TfO1o1Veon0

    Any questions about the GET Protocol & GUTS application, please feel free to ask me and I can help out where I can!

    submitted by /u/oZanderhoff
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    We had people at the booth literally from before opening to after closing time... Busy day...

    Posted: 02 May 2018 09:43 AM PDT
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