A gold-backed cryptocurrency with an innovative approach

The main problem of cryptocurrency is their lack of physical assets. Because of this, there are big risks in using cryptocurrency as cumulative funds and constant currency for transactions between big companies under long-term contracts.

Of course, this can not continue permanently and is already beginning to appear cryptocurrency backed by precious metals. Gold-backed cryptocurrencies are special forms of stablecoins, the value of which are pegged to that of gold. Combining the innovative capabilities of the blockchain technology with gold offers a convenient solution to the highly volatile cryptocurrency market.

Tipbot LTD. through "Troy Gold Token" proposes to solve this problem in an innovative way. Namely, allowing to store and exchange Troy Gold native token for gold from real gold mines. 

The goal of the project is establishing an decentralized ecosystem where users can securely store their digital assets and trade with a real asset “quickly, safely, and without intermediary intervention.”

It is designing a blockchain-based ecosystem which it hopes will allow individuals and companies to join – trading without borders wherever they are in the world.

The company aims to make changing tokens into gold a fast experience, with conversion rates that are based on the official market prices listed on gold exchanges around the world. At the same time, they aims aims to secure Troy's Gold Token and other cryptocurrencies in highly security vault. 

Partnerships established

Troy Gold says it has established partnerships with recognizable brands – and these agreements will result in a “stable and reliable ecosystem.”

According to the company, its first exclusive contract was signed in 2019 with the Australia's mining company, Bullseye Mining Limited, with a deal for 20,000 oz of gold to come straight from their mining facility.

However, the first Gold Products for Troy customers will become available in 18 -24 months from Troy's ITO completion.

The team behind the project says it is optimistic that this business model will  add some stability, without removing the potential to earn.

The elements of the ecosystem

There are three main elements to its project. The first is an ERC-223 compliant cryptocurrency token known as GOLD.

Although this token is not pegged to tangible assets such as gold, it can be used for purchasing real world Gold Products in exchange for Gold Products provided by TROY, and exchange with another cryptocurrency once it listed in cryptocurrency exchanges.

The ecosystem is also going to offer Gold Products. As it mentioned above, Troy Gold will provide a stable cryptocurrency to its costumer by allowing them to exchange GOLD token for Gold Products they purchased from real gold mine. 

Finally, the platform is also offering Troy Gold vault which is considered as the most secure cryptocurrency wallet ever existed. It provides 3 optional layers of biosecurity, customers can combine or use separately facial, retinal, thumb print or password as the access key to their Vaults.

Initial Token Offering (ITO)

Currently, Troy Gold token sale in on the private sale stage. According to the roadmap the token sale will "relaunch" on Q3 of 2019. For your information, back in 2018, Tipbot has already conducted a token sale and soon paused for restructuring after private investment.

You can join the GOLD token sale by register account on troy website here.

More information:

Website: https://www.troy.gold/
Whitepaper: https://troy.gold/whitepaper.pdf

Facebook: http://www.facebook.com/troygoldtoken
Twitter: http://www.twitter.com/troygoldtoken
Telegram: http://t.me/troygoldtoken

Author:

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2053245

ETH Address: 0x573E9730fe386661F91D9189A0330ce577df0175

The Best Cryptocurrency Peer-to-Peer (P2P) Lending Platform

What is P2P Lending?

We all know that when one person borrows money, someone else is usually making money. This is what banks do when they make loans and charge interest, and it’s what investors do when they purchase corporate or municipal bonds.

But there is a more direct way to earn income by people money without the use of financial institutions. Peer-to-peer lending (often shortened to P2P lending) is growing in popularity, and many investors are finding that it’s a great supplement to their broader portfolio. P2P lending is also helpful to people who, either by preference or necessity, won’t borrow from a bank.

In simple terms, P2P lending happens when an online platform matches lenders with people or companies looking to borrow money. People use P2P lending services for many different reasons, from debt consolidation, home improvements, auto loans, and more. Imagine you are an individual who needs to borrow money to purchase a car but aren’t happy with the rates offered by a bank. By using a P2P lending platform, you may be able to find someone to lend you funds at an acceptable rate. 

Cryptocurrency P2P Lending

There is a rising number of cryptocurrency lending applications representing an alternative to traditional loans/lending. Banks have long been the ultimate source for lending capital and borrowing to the public but that may be changing with the development of Blockchain enabled peer to peer (P2P) lending applications across the world.

Technology is emerging exponentially over any other development in human history. With the internet opportunities to connect and interact and decentralize are exploiting new business models, and disrupt legacy systems.

Currently, banks require a number of documents from borrowers such as a good credit score, previous bank statements, verification and some form of collateral to receive the loan. Even after producing all these forms of documentation, borrowers still need to wait for 30-45 days to receive the money in their accounts accepting heavy processing fees. Lenders also struggle through the current banking systems with very low rates and possible negative interest rates across the globe.

Blockchain technology allows borrowers and lenders to exchange funds without the need of an intermediary. Users "crowdsource" funds/ loans. A smart contract records the agreement on the blockchain. Borrowers are then able to receive the funds within 2 hours to max 7 days pending verification with very low transaction fees once they fulfill the conditions to execute the contract.

Some Examples of Crypto P2P Lending Platforms

• ETHLend (LEND) is a decentralized P2P lending platform that allows people all over the world to get a loan or become a lender. As a decentralized platform, using the Blockchain technology we enable you to get or fund a loan within minutes in a secure way.
• Maker (MKR) is comprised of a decentralized stablecoin, collateral loans, and community governance.
• Salt Lending (SALT) is the original blockchain-based loan, collateralizing your blockchain assets, keeping you invested while providing cash.
• Dharma is a platform for building globally-accessible lending products using programmable, tokenized debt.
• Unchained Capital is a blockchain financial services company offering cash loans to long-term cryptocurrency holders in a secure, fast, and transparent manner.
• BTCCredit is a global lending platform deploying a smart contract on Ethereum Blockchain as an intermediate. It is providing a unique reward system feature for the Lender and the borrower with its native token, BTCC Token, when a contract is deployed between them. Moreover, BTCCredit is not just crypto lending platform. It is an all-in-one decentralized crypto ecosystem which is powered by decentralised multi-currency wallet, and decentralised p2p Exchange aside of decentralised p2p lending.

Who is the best?

With the rising popularity of cryptocurrency peer-to-peer lending platforms, competition and products have increased as well. While these marketplaces operate on the same basic principle, they vary in terms of eligibility criteria, loan rates, amounts, and tenures as well as offerings. 

Finally, BTCCredit has a pretty complete feature when it comes to the services offered. 

1. P2P Lending and Borrowing
2. P2P Crypto Exchange
3. Handpicked ICO Investments
4. Interests through Staking

If you have interested on BTCCredit, you can apply for a loan with BTCCredit or read BTCCredit Technical Document for detail information, and follow their social media for information update.

Author's Forum Username: binar234

Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2053245

Blockchain to Disrupt the Film Industry

Introduction

The blockbuster success of Bitcoin, the world’s most popular digital currency has generated worldwide interest in Blockchain, the technology or protocol behind Bitcoin. Blockchain technology is heralded as the next digital disruptor with the potential to transform centralised social, government, business and economic structures across the world.

Blockchain technology presents opportunities for all stakeholders in the film industry from global studio powerhouses, small independent producers, traditional distributors and exhibitors to modern Internet based content streaming platforms.

A Short Explanation About Blockchain 

A Blockchain is a publicly accessible and decentralized database that is distributed over the Internet. It maintains transaction records publicly in cryptographic form. Transactions are trustless, meaning they can be computed, verified and recorded using automated consensus methods, across a peer to peer network of computers, which eliminates the need for an intermediary or third party to manage or control information.

As the Blockchain grows, tampering or takeover is virtually impossible using today’s technologies, creating an immutable chain of records.

For the film industry, Blockchain technology provides innovative opportunities to address issues related to distribution complexity, management of creative rights and digital piracy.

Smart Contracts for Distribution

The landscape of film distribution has undergone radical change in the last decade. Film releases reach a global audience with the rise of digital distribution models. Content digitisation and a connected network of distributors and exhibitors enable simultaneous worldwide theatrical release windows to be exploited.

Traditional distributor and exhibitor networks have expanded to include international partners who control local distribution. Online distribution platforms have brought technology companies such as Netflix, Apple and Amazon into the mix.

In such environments a Blockchain can serve as a decentralised and scalable solution to manage the increasing complexity of contemporary global networks and digital distribution models.

A smart contract on a Blockchain can register and enforce distribution and release agreements between producers and distribution partners. Smart contracts can also apportion distribution rights with contract tokens and business rules. These rules can be automatically invoked based on pre-defined criteria or events such as the release of a film.

Once recorded on the Blockchain, smart contracts can also be potentially used to trigger actions such as enabling automated distribution of revenue when collections are received and recorded. Automatic collection sharing via smart contracts can be recorded on the Blockchain in minutes, increasing transparency in the distribution process and faster realisation of revenues.

Copyright and Ownership Provenance

For the film industry, establishing and protecting copyright is both complex and costly. A film is a collection of rights and titles covering screenplays, derived works from books, music, trademarks, artistes’ performances, technical and design creations to licensing rights on film characters, merchandise and so on.

Copyright infringement can be a major insurance expense for established studios. But for smaller, independent producers and distributors, ensuing litigation and fines can be a major barrier threatening their existence.

On the other hand, content creators with high quality, original story ideas or independent films that achieve major box office success, can be exploited through incorrectly assigned or unacknowledged rights.

Blockchain technology can address this problem by creating an immutable record of transactions on any asset, including an idea, story, script or character. Once recorded on a Blockchain, this asset can be tracked throughout its lifetime, even as ownership is exchanged, sold, transferred or assigned.

Combating Digital Piracy

Piracy is the one battleground that the film industry hopes to combat using Blockchain technology. Despite improved capabilities to protect content and track illegal distribution, incidents of leaking films online have also increased.

The problem is compounded with growing consumer acceptance towards accessing illegal content and, expectations of free content. MUSO, a technology company that tracks online piracy has reported visits to film and TV piracy sites reaching over 102 billion in 2016, with over 76% of these visits to illegal online streaming sites. Piracy continues to impact the film industry with revenue losses estimated to be in billions of dollars for the worldwide industry.

While Blockchain does not represent a silver bullet for eliminating piracy, it can be used to deter the process of leaking content illegally.

Film content meta-data can be encoded with a cryptographic transaction on the Blockchain. Access to upload or modify content can be made only with transactions on the Blockchain creating an immutable history of records that can deter unauthorised transfers.

A near future, global solution can be designed with collaboration from the film and content technology industry. This can be achieved by creating a feature film Blockchain registry for the industry. The Blockchain could utilise smart contracts and tokens to enable legitimate film uploads, screening and broadcasting and thus signal to content owners, search engines and ISPs when non Blockchain enables instances of content are discovered online. A simple solution could link such an activity to one of the many automated DMCA takedown services or even embed its own proprietary solution.

Breaking Barriers for Smaller Players

Digital content and online platforms have enabled smaller independent players to realise projects at low costs and establish a direct relationship with their audiences.

Blockchain technology represents further opportunities for independent production houses and emerging regions with limited reach to audiences and infrastructure.

Blockchains such as Ethereum can be used to set-up distributed autonomous organisations or virtual entities to fund projects with ownership and shares assigned on the Blockchain. This model has advantages of transparency, allowing access to a global pool of investors and allowing investors to purchase, sell or trade their equity.

If the rights of an independent film are purchased by a larger studio, the resulting profits can be shared on the Blockchain with absolute transparency following the pre agreed waterfall.

The Blockchain Start-Up for the Film Industry

The landscape of Blockchain technology start-ups has already ventured into applications for the entertainment industry. The start was made with solutions for the music business, aimed at copyright protection and direct transactions between artists and consumers.

In the film industry, a blockchain based start-up, IBNIF Cinemadrom offers a practical solution to the problems outlined above as well as the potential to become the practical heart of film industry and blockchain combined. It strives to development of a complete movie ecosystem that has needs in the business world. It is created on new technological, and financial principles of interaction of all participants of film production, authors, directors, producers, professionals, actors, investors, partners and spectators..

IBNIF Cinemadrom is an Russian Blockchain start-up that is developing, what they called a "Platform for financing, production and distribution of Cinema Projects on Blockchain Technology". IBNIF Cinemadrom's model will enable film production, content registration, direct distribution and access via smart contracts, in a truly dis-intermediated model.

At the same time, IBNIF Cinemadrom assists also investors in the selection process of international film projects with high market potential. The company is represented in all major film festivals of the film industry and has developed a strong network all over the world.

Services offered by IBNIF Cinemadrom:

• Reducing the threshold for entry into film production from $ 1-5 ml. to $ 100.
• Providing the short time opportunity to collect the necessary budget for film production
• Creating a new, transparent accounting and an instant payment system in all areas of the film industry.
• Introducing a new standard of contractual relations in cinema based on Smart Contracts, which are completely superior to paper contracts.
• Creating insurance system for movie projects.
• Creating an effective integrated blockchain system for managing entire economy of film production and distribution.
• Creating production options, on the basis of which each placed film project is guaranteed to go into production.
• Creating effective conditions for earning cryptocurrency and fiat money on the ecosystem.

Outlook for The Film Industry

Blockchain is still an emerging technology and perceived as a threat to the controlling power of intermediaries such as agents and larger studios. As a result many larger or more established participants in the film industry remain cautious about its approach to adoption.

However, tech start-ups, such as IBNIF Cinemadrom, have formed to become the early evangelists for film industry oriented Blockchain applications and as history has shown in other sectors, there are no boundaries to disruptive innovation and the film industry will be no different.

Finally, if you are interesting to gain more information about the project, or to the investment opportunity offered by IBNIF Cinemadron, you can check the following links:

• WEBSITE 
• ANN THREAD 
• FILM PROJEKTS 
• WHITE PAPER 
• TWITTER 
• FACEBOOK 
• TELEGRAM

Author:
Bitcointalk Profile: binar234
ETH Address: 0x573E9730fe386661F91D9189A0330ce577df0175

Cryptocurrency Philanthropic Project

Much of the growing interest in bitcoin and other digital currencies has focused on individual financial gain. At the same time there is an exciting trend toward leveraging so-called cryptocurrencies for philanthropic purposes. Not only are a number of charities accepting bitcoin and other digital currency donations, but new philanthropic entities are emerging which utilize digital tokens and their underlying cryptography-based technology, called blockchain, in powerful and innovative ways. Over time these bold experiments have the potential to transform and upend the philanthropic sector.

One obvious benefit from the rise in crypto-philanthropy is the availability of new revenue streams for charity. Because direct-to-charity bitcoin donations are relatively easy to manage, bitcoin presents an attractive first-step opportunity for the giver and receiver. Studies show that millennial givers, in particular, want to have greater control over their giving and greater clarity on its impact. Blockchain-based donation systems offer effective systems for both. Importantly, it is expected that one in three millennials will own cryptocurrency by the end of 2018. As millennials become the largest group of givers in history, their rising level of comfort with digital currencies and blockchain technologies will likely make crypto-philanthropy more acceptable.

Blockchain-based systems may also help to improve the reputation of charities. According to recent studies, 1 in 3 Americans are said to lack faith in nonprofits, many believing that these institutions spend too much of their budgets on overhead and too little directly on programs. Reduced overhead spending due to improved operational efficiencies and disintermediation through blockchain technologies (e.g., direct donor to beneficiary giving) could help restore faith in charitable giving among skeptical givers. This in turn could lead to increased philanthropic engagement and a rise in overall giving.

Let me introduce you to ISKRA Project, a global charity project that aims to utilize the power of blockchain technology to help children around the world powered by Lucem Foundation.

About the project

ISKRA is a philanthropic foundation with a goal to provide assistance in purchasing medical equipment and medicine for medical centers and hospitals around the world. It’s a big ask, but with the power of a strong cryptocurrency and a caring community of coinholders, the Lucem team believes that ISKRA can make a difference.

With what they call as "“ICO v3.0” path, ISKRA aims to collect donation from every project that goes into cryptocurrency. The developer believes that this is the only way that cryptocurrency society can make an actual influence to the future. The developer realized that the cryptocurrency network is decentralized meaning it doesn’t have any governing authority or a single person looking after the framework. Rather a group of nodes maintains the network making it decentralized. 

The ISKRA Project also recognizes one of the most important aspects of cryptocurrencies: transparency. They allow donors to see how funds are being used. You can even see how much cryptocurrency has been donated and what those funds have been used for specifically.

ISKRA Coin

ISKRA isn't limited to philanthropic project. They also create a blockchain-based digital asset as a medium of investment, namely ISKRA Coin (CCOH). 

ISKRA Coin is backed by diamonds and is issued on Ethereum blockchain as an ERC-20 token standard. The price of diamonds is disaster resistant and is more stable than gold. It is making ISKRA not only a secure cryptocurrency but also profitable investment.

ISKRA will also give a unique opportunity to exchange it for diamonds at any time, based on the Rapaport Price List and GIA certification. That means that you will always have a pure price without middlemen: this will save you between 10 to 50% of the diamond’s cost.

Token Details

• Name: Iskra Coin
• Ticker: CCOH
• Platform: ERC-20
• Total Max Supply: 300,000,000
• Price: 1 Iskra = 0.004 ETH
• Smart Contract Address: 0xAab80423dAA0334aBA8f16726677c23619E38773

In conclusion, ISKRA Coin will be a secure, fast, cost-efficient, scalable, user- and environmentally friendly than many other coins and tokens. Additionally it’s the only cryptocurrency that offers its holders fair revenue while at the same time contributing to charities.

For more information about the project, you can visit the following links:

Whitepaper: http://bit.ly/iskra_wp
Website: https://iskra-coin.io/
Website: https://lucem.fund/
My BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=2053245