Few things have imploded in global adoption at the scale witnessed by the crypto market.

To accommodate the growth in adoption, and to handle the trade demands of the community, exchanges have launched all over the world. However, the vast portion of exchange developments have been concentrated from the US and China. It’s in the best interest of the community that a decentralized infrastructure is accommodated by a network of exchanges that is well-spread across the world.

A vast portion of exchanges have come out of US and China due to the high Crypto interest rooted in the countries. Interestingly, despite Korea having one of the highest national Crypto trade interest, there’s a limited number of major exchanges from the country; in fact, the highest spot currently held by a Korean exchange is on the 11th spot (by trade volume ranking).

A newly launched Korean exchange, ProBit, aims to diversify exchange presence across the globe, starting with Korea

The Strategy

ProBit Exchange intends to offer over 150 cryptocurrencies. What’s more, this exchange does not accept listing fees from projects. Any project worthy enough to pass ProBit Exchange’s requirements, may list.

This policy will actively protect users from scam projects and hit and runs. A cryptocurrency exchange having no listing fee is very rare – it ensures that the exchange has no conflict of interest in listing projects and aim to list only the very best for its users.

While bitcoin volume is certainly the crown of the market, token trading has seen substantial growth. Thus, exchanges that are friendlier to new cryptocurrencies have a good chance of capturing the one section of the market volume that is still increasing.

Kairotic Power
Sometimes, timing is everything. ProBit has a record-strong matching engine and well-established security measures so it doesn’t need to rely on timely launch benefits to have an edge. Nonetheless, the Korean government remains poised to soon relinquish pressures on the Crypto market. As regulation become ICO-friendly to domestic blockchain startups, an exchange that aims to aggressively extend its token menu will have a strategic benefit in Korea. Newly launched ICOs within the country would gladly welcome a domestic partner.

This isn’t the only kairotic benefit ProBit has.

Just earlier this year, one of the major Korean exchanges was hacked and suffered a major loss in user base. As a vast number of Korean traders have abandoned Bithumb, a new exchange could stand to be their new home.
Given that ProBit gives extra focus on security, it seems that it has placed the set of measures Korean traders will seek.

Global Presence
While ProBit stands to have a competitive advantage within the Korean market as it can create pathos appeal to traders of its own country, it intends to be a global institution.

The exchange is going to allow all holders of PROB tokens to vote on listings. Thus, anyone from anywhere can make an impact on the listings that take place on ProBit, thereby allowing people from all over the world to decide the direction ProBit takes. Also, holders of the exchange’s PROB tokens will allow market-makers to pay fees as low as 0.025%.

This is a record-low fee that will greatly appeal to traders from any country. On another note, given that the trading pairs are not linked to fiat, ProBit doesn’t limit itself to a specific country’s traders. Being friendly to a large amount of cryptocurrencies means the exchange welcomes listings of projects from across the world.

ProBit will first start off with a focus in South Korea and to the other major markets globally. There’s a need for more exchanges from countries other than China and the US as that’s in the best interest of a system that prides itself on decentralization. While the exchange makes a great effort to spread awareness of its developments, it has a strict policy of never paying for marketing with PROB tokens.

AirSwap 100% ANONYMOUS & P2P Ethereum Token Exchange

Some services intend to specialize, and Airswap specializes in the ability to provide an incredible UI when doing p2p, anonymous trades.

Unlike Ethershift, Airswap has a goal of making the p2p trade experience familiar to the average user. While the menu is very limited, the trade is easy to manage and broken into simple, welcoming steps. Airswap is not like a traditional exchange as it allows wallet-wallet transactions. Thus, like Ethershift, it allows users to trade with each other without handing over private information.

Airswap successfully continues a portion of Shapeshift’s mission. Rather, it greatly excels at part of it: easy, anonynous trading. This has made the platform limit the menu of tokens that it covers. Nonetheless, it is an easy platform for anyone seeking to do p2p trades of the most popular tokens.

AirSwap Features!

Trade ERC20 tokens with peers from around the world. Find a counterparty, get a price, and make a trade securely on the Ethereum blockchain.

No third-parties and no trading fees. Trades on AirSwap are peer-to-peer and wallet-to-wallet. Only pay the network “GAS” fee to process transactions on Ethereum.

No risk of hacks. Since it’s a peer-to-peer token exchange, you control your funds and trades are executed on the Ethereum blockchain. You are safe and in control at all times.

AirSwap List of supported Tokens.

  • adToken(ADT)
  • AdEx(ADX)
  • Aeternity(AE)
  • Aragon(ANT)
  • AppCoins(APPC)
  • AirSwap(AST)
  • Aventus(AVT)
  • Basic Attention Token(BAT)
  • BlockMason Credit Protocol(BCPT)
  • Bloom(BLT)
  • Bluzelle(BLZ)
  • Binance Coin(BNB)
  • Bancor(BNT)
  • Bounty0x(BNTY)
  • Bread(BRD)
  • Cindicator(CND)
  • Civic(CVC)
  • Dai(DAI)
  • Datum(DAT)
  • Debitum(DEB)
  • DigixDAO(DGD)
  • Digix Gold Token(DGX)
  • district0x(DNT)
  • Dether(DTH)
  • Edgeless(EDG)
  • aelf(ELF)
  • Enigma(ENG)
  • Enjin Coin(ENJ)
  • Ethos(ETHOS)
  • FunFair(FUN)
  • Gnosis(GNO)
  • Grid+(GRID)
  • Gifto(GTO)
  • Holo(HOT)
  • Huobi Token(HT)
  • Kyber Network(KNC)
  • LGO Exchange(LGO)
  • ChainLink(LINK)
  • Loopring(LRC)
  • Decentraland(MANA)
  • Maker(MKR)
  • Modum(MOD)
  • Numeraire(NMR)
  • OmiseGO(OMG)
  • Power Ledger(POWR)
  • Populous(PPT)
  • Ripio Credit Network(RCN)
  • Raiden Network Token(RDN)
  • Republic Protocol(REN)
  • Augur(REP)
  • Request Network(REQ)
  • RChain(RHOC)
  • SingularDTV(SNGLS)
  • Status(SNT)
  • SpankChain(SPANK)
  • Storm(STORM)
  • Substratum(SUB)
  • TrueUSD(TUSD)
  • Waltonchain(WTC)
  • Zilliqa(ZIL)
  • 0x(ZRX)


ETHERSHIFT 100% ANONYMOUS Ethereum ERC20 Token Exchange

ETHERSHIFT 100% ANONYMOUS Ethereum ERC20 Token Exchange

The closest continuation of Shapeshift’s services are carried by ETHERSHIFT.

Ethershift is a service that allows an easy and convenient conversion of tokens or Ethereum to and from other tokens. It allows users to do so without ever making an account. Users simply transfer tokens to a target address and the system finds a buyer. The best available price is conveyed at the time of the trade.

As Ethershift doesn’t have any set trading pairs, there’s no limit of which tokens can be traded between themselves. Ethershift intends to actively list every as many tokens as possible, the options will constantly increase. This ensures that people can access liquidity with ease without giving away their private information. And as the service makes the user experience as simple as possible, there’s no sacrifice of convenience for the sake of security.

An interesting aspect of Ethershift is that the it aims to become a primarily community-owned platform. It’s currently undergoing an ICO and is issuing ESH tokens. These tokens will deliver a portion of the earnings to the tokenholders. Thus, not only can users access a secure means to trade, but they can also share in the success of the service.

How does Ethershift work?
Ethershift is very simple to use! Simply select the token you wish to receive, input the receiving address, and send ether! Within minutes of confirmation you will receive your token in the specified wallet you provided!

ETHERSHIFT List of supported Tokens

  • Ethereum (ETH)
  • OriginTrail (TRAC)
  • Bee Token (BEE)
  • Bounty0x (BNTY)
  • Payfair (PFR)
  • Devery (EVE)
  • Bitclave (CAT)
  • Flixxo (FLIXX)
  • Auctus (AUC)
  • TomoChain (TOMO)
  • Fusion (FSN)
  • ShipChain (SHIP)
  • Pundi X (NPXS)
  • vSlice (VSL)
  • Veritaseum (VERI)
  • Kin (KIN)
  • Matrix AI Network (MAN)
  • Mysterium (MYST)
  • Holo (HOT)
  • Sharder (SS)
  • Consensus (SEN)
  • AdHive (ADH)
  • Friendz (FDZ)
  • Hydrogen (HYDRO)
  • Rebellious (REBL)
  • Owlstand (OWD)
  • CyberFM (CYFM)
  • Silent Notary (SNTR)
  • Peculium (PCL)
  • Metronome (MET)
  • Binance Coin (BNB)
  • Docademic (MTC)
  • Bezop (BEZ)
  • ClearPoll (POLL)
  • NO BS (NOBS)
  • Aragon (ANT)
  • Bancor (BNT)
  • Civic (CVC)
  • Golem (GNT)
  • Numeraire (NMR)
  • OmiseGO (OMG)
  • Augur (REP)
  • Salt (SALT)
  • 0x (ZRX)
  • District0x (DNT)
  • Status (SNT)
  • FunFair (FUN)
  • Decentraland (MANA)
  • Enjin Coin (ENJ)
  • (POE)
  • Elf (ELF)
  • Aeternity (AE)
  • Maker (MKR)
  • Zilliqa (ZIL)
  • Simmitri (SIM)
  • Elysian (ELY)
  • Swarm (SWM)
  • LatiumX (LATX)
  • Cpollo (CPLO)
  • Basic Attention Token (BAT)


Reasons why Investing in Cryptocurrencies is a Must?

Reasons why Investing in Cryptocurrencies is a must?

In 1987, they predicted that the Soviet Union would collapse and a few years later, that’s exactly what happened.On 26th of December 1991, Soviet Union collapse into 15 independent republics, a result of the declaration number 142-Н of the Supreme Soviet of the Soviet Union.

In 1989, they predicted that the Japanese stock long running bull market in Tokyo may be nearing an end. Months later, the Japanese asset price bubble’s collapse in late 1991 and early 1992. And it has never recovered!

In 2000, they predicted the dot com bubble will explode and at the same year, NASDAQ began a two year, 77% decline.

In early 2006, they predicted the crash of the housing bubble along with lender Fannie Mae and Freddie Mac. And a few months later the it’s happened, where according to reports the housing prices peaked in early 2006, started to decline in 2006 and 2007, and reached new lows in 2012. On December 30, 2008, the Case–Shiller home price index reported its largest price drop in its history.

And now they predicting the next great world shift will be happened in America. And they believe that it already passed the point of no return. Which means that a crisis is now inevitable and unstoppable.

It will start in the banks, ATM machine or credit card and find that it isn’t working or gone offline, which I experience many times now. And if you made a call to your bank, you will get a prerecorded message from some agency you don’t recognize.

What people don’t see in the 1950’s, the United States began switching over to a new kind of economic system. Which ends the gold standard in 1970’s. The new system made America’s economy what it is. If you’ve ever wondered how America managed to keep going despite every sign pointing to coming collapse.

The trouble is that over three decades ago, there is a fatal flaw in the current system. And as this system keeps growing, so too, does the flaw. When the fiat currency collapse a systemic shock will disrupt live in ways you never imagine possible.

You will suddenly be locked out of your own bank account. Unable to withdraw cash or deposit a check. The stock market will swing wildly out of control. You won’t even be able to access your social security fund.

Like a virus it will affect and spread to the food supply chain, causing massive shortages. The same thing will happen to other industrial networks. And one by one, every service you’ve come to depend on from bank, grocery store, to government agency will shutdown.

You won’t be able to get cash, and without cash you won’t be able to buy food or all other basic needs. And what happen to you then?

This is not an investment or financial advice. All views expressed on this site are my own and do not represent the opinions of any entity.

Presearch Redeem 1000 Tokens FAQ

Presearch Redeem 1000 Tokens FAQ

When a Presearcher has collected 1,000 reward tokens or more, their account is added to a queue for review. During this review, their search and referral behavior patterns are examined to determine if their tokens should be unlocked and eligible for withdrawal.

If you have collected 1,000 reward tokens or more and have not yet received an email indicating your tokens have been unlocked, the possible reasons include:
– your account may still be awaiting review. Please be patient, Presearch has over 250,000 users and they are reviewing accounts in an orderly manner
– your account may have been reviewed and flagged for questionable search and/or referral behavior. If this is the case, a further review will be performed after which you will be notified of the result. Should it be determined that your tokens not be eligible for withdrawal at this time, you will have the option to ask for further consideration via a community-powered appeals process.


PRE tokens will be unlocked for the members that have reached 1000 PRE and whose search risk profile is not too high.

Hundreds of Presearch members have achieved this threshold and have unlocked their tokens by using Presearch exactly like their “old” search engine and by earning PRE tokens by referring their friends and family.

We have been communicating for months that withdrawals would begin at the end of June and that there would be thresholds (ie a specific number of tokens).

The number 1000 will not increase in the future. The team decided to start higher to ensure that the initial number stays the same or decreases in the future. However, Presearch reserves the right to change the Terms & Conditions at any time.

You have many options, once your reward tokens have been unlocked:

  • HODL; keep your tokens on the platform
  • HODL; transfer your tokens to an erc20 wallet and store
  • Use your tokens to purchase advertising within the Presearch ecosystem
  • Use your tokens to purchase Presearch merchandise
  • Transfer to an exchange and convert to another cryptocurrency -> you are responsible for all associated costs.


decentralized file storage platform with blockchain auditing


Cryptyk is basically a decentralized file storage platform with blockchain auditing. It is simply a platform aiming to build decentralized cloud storage using blockchain. They aim to revolutionize the cloud computing sector and doing this with blockchain security. They are the first complete decentralized enterprise for cyber security and cloud storage.


Right now, the cloud computing sector suffers some inefficiencies due to some factors like :

  • High cost due to monopoly (expensive).
  • Security.
  • Breach of data privacy due to centralization.
  • Vulnerability to viral threats/attacks.

The main problem of cloud security which CRYPTYK aims to solve is security and it will do that via blockchain technology; The perfect decentralisation option.


Cryptyk will be a unique hybrid platform. It will combine two amazing decentralized systems :

This is a very secure decentralized multicloud file storage platform. The security is due to its user based encryption which reduces security threats. It is also a sharing platform as well.

Sentry ,on the other hand, is a decentralized blockchain auditing platform for auditing user access and for tracking file sharing. It runs these by leveraging a permanent immutable ledger. This feature guarantees maximum security since data can not be tampered with or altered in anyway.

Both are are decentralized platforms for cloud services.


Understanding the concept and working of combining these two amazing decentralized solutions is really interesting.

Lets take VAULT FIRST…

First, files are uploaded and encrypted. Upon encryption, the files are spliced into N separate shards (file is divided into smaller file portions, these small portions are termed shards). These shards then undergo encryption( a second one) and are stored across independent cloud storage providers. These shards have encryption keys which are normal security protocol. All N+1 encryption keys for every single individual file are stored on users personal devices and an offline backup server as well(Just in case users lose their device).

Now let’s consider this…
Let’s say, the security if the system wants to be exploited by a hacker(which occurs quite often). The hacker would have to actually break the security if the N cloud providers where the files are already across and break the N+1 encryption keys as well. That’s very impossible. Because, just decrypting multiple files would take years for a quantum computer to do. Then think about hacking multiple users. It’s quite useless and impossible. On understanding this, we see how interesting the vault system is and an efficient security solution as well.

How about an instance of malware or a virus upload to the system??
Funny enough,this won’t affect the system in anyway. This is because the corrupted file would not execute due to the vault network not being an independent one. The network exists in N different pieces and places, hence the virus cannot execute.

Has audited record of file key sharing/permissions/maps/history. ID verification, group permissions and fingerprint security are among the tools to ensure added security.
The integration of Sentry into Cryptyk which enables verification, auditing and tracking if user access and file sharing would make it hard for users data to be breached.


Cryptyk will be a unique hybrid platform

The community of like-minded individuals made up if customers, developers investors and users who will collectively create, augment and operate the CRYPTYK platform.

CRYPTYK will have a digital token called CRYPTYK TOKEN which will be used for :

1. Enabling the purchase and use if CRYPTYK products.
2. Funding the development of the CRYPTYK platform by Cryptyk Inc.
3. Incentivizing developers and alliance partners via the CRYPTYK foundation.

The Cryptyk Token Ecosystem

Cryptyk Tokens power an entire cyber-security ecosystem and incentivize participation from a community of enterprise customers, small-medium business customers, individual consumers, software development partners, crypto-currency miners and investors.

The tokens can be purchased with fiat currency or bitcoin and ethereum. They will be the fuel of the system and as the platform grows, it’s demand will grow which will in turn drive their value up. The total supply is fixed at 750 million tokens.


The tokens are purchased by a token sale. Token sales are crowdfundings basically, but mainly for cryptocurrencies. They are used as a means of generating capital for companies. To participate in the token sale. Go to

There are two types : Token pre-sale round and public token sale round.
In the first round, you will need to go through KYC verification and the minimum investment is $1500. Meanwhile, in the public sale round, the minimum investment is $500 and the round is open to all non-accredited investors as well from outside USA and Canada.

CRYPTYK is developed by Cryptyk Inc. They are based in San Francisco, USA. In close proximity to the top guns in the blockchain sphere

A Blockchain Powered Platform for Online Gamers and Gamblers

Blockchain Powered Platform for Online Gamers and Gamblers

For e-gamers and operators, we present a gaming platform — BigBang. This platform indeed is one-stop-shop for gamers across the globe to make the most out of their online gaming experience. BigBang is an online gaming platform that provides gamers a medium for gambling and cryptocurrency token built on Blockchain technology to reward casino and eSport players.

BigBang has a gaming ecosystem that provides gamers with a safe and secure system that rewards the players through a cross-service loyalty token — BigBang Token (BBT). This ecosystem benefits the users by incentivizing, improving all-in-all entertainment and gaming experience, reducing cost and by providing automated marketing for operators.

The current gaming industry faces challenges like improper security and little to no transparency. So, it becomes difficult to get an overview of gamers’ behavior, records, and habits. The unavailability of a single platform through which games and services can be operated results in isolating individual companies.

BigBang, on the other hand, aims to provide directness and transparency to the end users. This blockchain system provides a complete insight into the behavior and habits of the gamers while the BigBang platform ensure e-gamers to feel safe and secure and develop a trust factor that their activities will be rewarded, their winning and their loyalty points will be shared across different games and services. The decentralized blockchain technology ensures trust, data protection, and transparency.

All in all, BigBang Platform provides gamers and operators a one-stop solution to incentivize through a broad loyalty program that ultimately reduces the need of the operators to involve notable resources to marketing which overall provides more and more gamers. At the same time, sponsors can also benefit by fetching more data to focus and devote their efforts more productively.

BigBang provides a platform that stores funds and loyalty points in a cryptographically secure BB E-WALLET which can be easily accessed through a secure hash key. The BigBang Token is an Ethereum (ERC20) based token which is safely stored in the BB E-Wallet. This wallet is different for every gamer. You can exchange BigBang Token to other cryptocurrencies as well as fiat currency though public exchange or through BigBang’s in-built DEX (decentralised exchange).

The BigBang Ecosystem

The BigBang Ecosystem is a self-regulating decentralized ecosystem that consists of The BigBang Platform, The BigBang’s in-built DEX (decentralised exchange), and The BigBang Wallet. Each component runs on blockchain and is mutually inclusive of one another.

The BigBang Token (BBT)

BBT is a loyalty and utility token of the BigBang Platform which is based on Ethereum (ERC20) token. The BBT can be easily exchanged with cryptocurrencies and even with fiat currency. BigBang Token is universal reward token that the gamers can get by participating and winning in online gaming activities and services integrated with the platform. The loyalty tokens will ensue in the BB E-Wallet.

The BB E-Wallet

BB E-Wallet is a cryptographically secured wallet which runs on ERC20. This allows you to hold BBT and ERC20 tokens within the wallet. Playing games with BB Platform will earn you loyalty points in the form of BBT, which will be automatically deposited in your BB E-Wallet. BBT can also be transferred to ERC20 wallet and can also be sold on public exchanges or stores or exchanged by BBXchange.

BigBang Platform

BigBang Platform is a network, loyalty program and a payment system that run on a decentralized system. It is a one-stop-solution for gamers as well as operators to enjoy a global network of e-gaming.

For gamers, it provides an immediate loyalty program that provides a loyalty token in the form BBT, a gaming hub, exchange and entertainment online network. On the other hand, for operators, it provides a self-regulated platform that securely integrates games and services, which also avails functioning of CSM and CRM.

This platform efficiently enables operators to interact with gamers across the globe and at the same time allows gamers to avail the rewards of their activities with loyalty points and cash back. Along with that, you can secure your points in BB E-Wallet or exchange the BigBang Tokens with cryptocurrencies or fiat currency through an in-built exchange policy. Apart from this, BigBang will also use network data to map out demographics, preferences, trends, behaviors to get an insight about the eSports and online gambling which will ultimately benefit the sponsors. Overall, this will give operators and sponsors a splendid level of business intelligence to get the most from the gambling industry. This will benefit the gamers, operators, and sponsors around the world.

Unlike the conventional gaming platforms, BigBang gives the gamers and operators a secure and transparent platform backed by blockchain technology. It creates a safe and secure ecosystem for the gamers and operators to interact and connect, and at the same time allows to exchange value without any fear of fraud or legal consequences.

Users can easily register on the platform by creating an account and then going through fast and simple KYC compliance verification process. After verification, you can start buying BigBang Tokens by sending ETH or BTC.

It will not be wrong to say that online gaming industry has evolved in the recent years and is continuously emerging and growing. However, there are certain problems that are involved in traditional sectors of gaming. The decentralized blockchain technology aims to provide a platform that offers transparency, security, freedom, and an easy way to secure and exchange cryptocurrency. Being both fair and secure the blockchain powered e-gambling is the future of the gaming industry.

The BigBang Ecosystem

Initiative Q: Blockchain Based Payment

typical transaction on the Q payment network is processed

About Initiative Q!

Initiative Q is the brainchild of Saar Wilf, a serial entrepreneur who started his first payments start-up in 1997, and later founded Fraud Sciences, which redefined the payment security space and was acquired by PayPal in 2008.

Wilf has compiled a team of experts from a variety of disciplines, including mathematics, economics, and other social sciences. The economic and monetary models were developed with Economist Lawrence White, a professor of monetary theory and policy at George Mason University. White has published numerous articles and books on monetary theory and banking, including The Theory of Monetary Institutions, Free Banking in Britain, and The Clash of Economic Ideas.

The idea behind Initiative Q is to first create a critical mass of users, which can then be harnessed to create the world’s best payment network. Therefore, our primary focus is to get millions of Q members registered, after which we will continue recruiting the world’s top professionals in payment systems, macroeconomics, and Internet technologies.

What is Initiative Q?

Initiative Q is building the payment system of the future. The Q payment network will integrate the best technological improvements that have been made in the payment industry over the last few decades to create a flexible, easy-to-use and inexpensive payment network.

These technologies have been available for years, but have not been adopted due to a classic chicken and egg barrier: No buyer wants to join a new network with no sellers, and no seller will offer a payment option that no buyer uses.

Initiative Q solves the adoption problem by associating the payment network with a new global currency, and distributing this currency to early adopters for free.

Features Initiative Q

Ease of use!
The cards and cash in our wallets are antiquated ways to identify us and keep a count of our funds. These functions can be easily integrated into a smartphone. You can just walk into a store without your wallet, and your payment account is quickly identified using digital methods such as a QR code or an audible code. An RFID sticker on the phone can be used as backup when the battery is dead.
Checking out can be even further simplified. With the Q app, you can enter a store, scan the barcode of the items you want with the phone camera, and simply walk out. At restaurants you can just leave when you’re done, as your phone settles the bill directly with the restaurant’s server. No flagging down the waiter, no delays.

There’s also no need to fill out forms each time you visit a new online store. Once you authorize your device, you are automatically identified, and you can confirm payment with 1-click.

Companies like Apple, Google and Amazon have developed such features, but they are still used in a small fraction of transactions. Initiative Q will make them standard.

Fraud prevention!
Sellers spend 8% of their revenue on fraud-related costs.1 Every instance of fraud takes money from the system, and forces sellers to take costly precautions—costs eventually borne by the buyers through higher prices. However, there is a wealth of information and technology that can dramatically reduce fraud once integrated into the payment network.
We already have access to some amazing technology. Our smartphones include fingerprint sensors, GPS, a camera and microphone that can recognize our face and voice, as well as the most advanced encryption capabilities. These can be used to implement highly secure multi-factor authentication methods, which would make it far more difficult to steal our identity.

Compared to the very crude Address Verification Service (AVS) used by credit cards, which only compares the digits of the billing address, the Q payment network will be able to verify more information at higher accuracy, and incorporate more modern information sources, such as social media accounts.

Initiative Q can also employ the latest algorithms to analyze individuals’ digital behavior — technology currently offered by companies such as Forter and Riskified, but only used in only a small fraction of transactions.

The use of a centralized payment page for all Q users will help establish patterns of appropriate and inappropriate behavior, leading to a far more reliable fraud assessment than any individual seller could accumulate alone.

The above technologies are already available, and only need to be integrated by Initiative Q, but there is one capability that is unique to the Q payment network. Since every new member must be verified by an existing member, who risks losing their reward in case of fraud, the Q payment network will build a network of trust relationships that can be used to verify transactions. For example, the system can require that for large or suspicious purchases, a trusted friend must contact you directly and verify that you authorize the transaction.

Promoting proper business practices!
Too much of the contemporary retail economy is based on misleading practices: cases where the seller knows that the value to the buyer is lower than it seems, or that final costs are higher than presented. These practices include free trials that turn into paid commitments without warning, unexpected price changes, and promoting products with false promises or deceitful marketing.

This ultimately hurts everyone involved. It leads to skepticism by potential customers, who must constantly be vigilant, and hurts legitimate businesses, who must compete against deals that are too good to be true, and are eventually forced out of the market—further harming consumers.

Q will go further than standard customer protection laws, creating a network where buyers don’t need to constantly worry about whether they are being scammed, and sellers can focus on quality rather than assuaging such concerns.

How do we do that? By making dishonest practices a legitimate reason for transaction reversal, thus motivating sellers to share all information that may reasonably affect purchase decisions, even if the law doesn’t require it. Initiative Q will also require customer confirmation for any changes in payment arrangements, such as raising fees.

Additionally, buyers will see customer reviews on each seller’s payment page, to ensure better service and to incentivize respect from both sellers and buyers. Initiative Q has the unique ability to ensure that reviews are only provided by verified buyers who made an actual purchase from that seller, evading the problem of fake reviews praising one business or discrediting the competition.

Through these measures, the Q payment network will become an environment where buyers no longer need to worry about scams, and sellers can focus on creating value to buyers.

Reversibility and dispute arbitration!
No matter how good a system is, if humans are involved, there will be mistakes and misunderstandings. That’s why reversibility (one of the limitations of Bitcoin) is so important. Allowing transactions to be reversed benefits both buyers and sellers in the long-term, as customers are more willing to engage in the market when they have a measure of protection. Moreover, this is already a feature of credit cards, and any system that seeks to overtake them will have to provide similar assurances.
The Q payment network can also include an automated dispute resolution process, with an easy to use interface that allows users to submit claims and upload evidence to support those claims.

Disputes that cannot be resolved automatically can be assigned to a trained representative, who investigates the claims to determine whether there has been a violation of the Q payment network regulations. If the agent finds that the seller was at fault, then the transaction can be reversed, while in cases where both sides acted appropriately (e.g. an unauthorized charge) the buyer can be reimbursed by Initiative Q.2 Such reimbursement can be paid from a global insurance pool financed from transaction fees.

Parental / departmental controls!
Sub-accounts can be easily set up to allocate funds, authorize expenses, and provide easy access to the full history of transactions. This is perfect for children or expense accounts that need to be supervised. A similar feature can facilitate bill-sharing for restaurants, utilities, and other shared expenses.

Buyers can have instant access to their full transaction history, including precise times and locations for when and where transactions were authorized, what verification method was used, a copy of the invoice, details and images of the products, delivery tracking data, an instant messaging option to communicate with the seller, and a link to the Initiative Q dispute resolution forum. This would be a major improvement over the vague references and line-items on today’s credit card statements.

Credit allocation!
Combining the most advanced technology and analytical methods with information provided by users, can lead to a far more accurate and equitable assignment of credit. More data and more nuanced application of that data lead to better informed decisions. For example, new users can be evaluated on the basis of the reputations of those who have verified them or are connected to them. This would provide significant improvements over the current credit scoring system, which relies only on payment history, retains inaccuracies for long periods of time, and promotes debt.

Bank-free. Hassle-free!
Worldwide, 38% of the adult population doesn’t have a bank account. In some areas it’s far higher; in Colombia and Peru it’s over 60% and in the Middle East it’s over 80%. Initiative Q will address this issue, allowing people all over the world to make deposits, purchases, sales, money transfers, and investments without ever needing access to a bank. This can be especially beneficial in conflict and post-conflict regions.

Transaction costs!
Cash remains the most common retail payment instrument, used in 32% of all transactions in the US and 79% in the EU. In a survey of payment methods in Asia, 57% said they use cash most often. But this reliance on paper has a cost: printing, storing, transporting, and sorting paper takes time and money. It is estimated that the use of cash costs around $100 billion per year in the US alone. Checks are not much better, costing US companies tens of billions of dollars a year to process. Clearly, moving to a digital system can save enormous costs.3 While credit and debit cards circumvent these problems, they introduce other high costs, resulting from their use of outdated technology.
Because the Q payment network will use a unified system and currency, and operate digitally using the most advanced technology, transaction fees can be much lower. Furthermore, by reducing fraud and scam attempts, Initiative Q can also greatly reduce the hidden fees that manifest in higher product prices.

AML – Anti-Money Laundering!
One of the main causes for complexity in payments is the need to comply with regulation for prevention of money laundering. This is why international wires can take days and cost $20-100 each.

The Q currency resides solely on the Q network, and therefore each Q can be tracked to its source, eliminating the need for AML procedures, and paving the way for instantaneous cross-border money transfers.

Efficient market!
Today, a large portion of purchases occur as a result of the seller’s marketing efforts, even though nearly all of those efforts are unsuccessful. This means consumers are constantly bombarded with useless messages, draining their time and attention, and increasing product prices.

Through advanced analysis of buyer profiles and transaction history, Initiative Q can transform market dynamics: instead of sellers aggressively convincing consumers they need their products, the focus will shift to identifying real customer needs, and finding the products that best fulfill those needs.

Content Monetization!
The complexities and costs of current payment systems make small immediate payments for content impossible, requiring content creators to rely on advertising revenue. A universal, low-cost, digital payment system can finally enable users to consume content ad-free, by charging a negligible amount, similar to what an ad would generate (typically a fraction of a cent per page or video).

Initiative Q aims to become the world’s primary payment network. That requires establishing locations all over the world, complying with local regulations, and providing quality customer service.

To reach this goal quickly, Initiative Q will focus only on technology, standards and regulation, while delegating the financial operation to hundreds of local agents. These local agents will be responsible for customer service, safeguarding members’ funds, connecting local stores, legal compliance, and settling with other agents.

A typical transaction on the Q payment network is processed as follows:

typical transaction on the Q payment network is processed

Why Blocktrades Anonymous Digital Currency Exchange.

Why Blocktrades Anonymous Digital Currency Exchange

There are several digital asset exchanges on the market which allows you to use the service without verifying your identity. It means that registration is not require for you to use the service. And Blocktrades is one of them. BlockTrades International Ltd. is a registered company in the Cayman Islands.

BlockTrades has always put a lot of emphasis on fast and efficient customer support, as they have experienced the emotional stress of waiting for funds to arrive safely at their destination. In general, I think they’ve been an industry leader in “fast response” resolution of transaction problems, but they always strive do even better.

In fact, they offer a free Cryptocurrency-usage training. The new help system includes information that will be useful to anyone interested in learning more about cryptocurrency transactions, such as tips for how to check that your transaction has succeeded when using different types of wallets. It also has several “Steem-specific” sections on topics like Steem account creation, Steem Power delegations, etc.

In many cases, this information should enable customer problems to be resolved without needing to wait for assistance from our support personnel. In cases where assistance is required, the new Support Request form should enable us to more quickly gather the information needed to solve such problems without creating a lengthy chain of emails.

Below are some screen shots of the new Help system. In the first screen, we see the initial Help view. From this page, a user can browse through the help topics on the right, or use the Interactive Help available via the Support Request form on the left to help you find the information you need.

blocktrades help

Recently, also lowered the “flat fees” associated with sending Bitcoin and Monero as a result of the decreased fees charged by those blockchains. Most notably, the flat fee charge for a Monero output transaction is approximately one penny (~$0.01 USD).

Musicoin a decentralized music platform.

Musicoin a decentralized music platformMusicoin a decentralized music platform

Musicoin is a fork of Ethereum blockchain and the first block was mined last Feb. 11, 2017. Unlike other projects, musicoin was launched without an Initial Coin Offering or pre-mine or pre-allocation of fund. Even in the absent of initial pool of fund, Musicoins developer continue to push the vision of project and hoping to that MUSIC become a joyous and rewarding experience for everyone. There ultimate goal is to make the Musicoin blockchain more Stable, Sustainable, Secure and Scalable.

Benefits of Musicians and Listeners

With smart-contract functionality, automatically distributes 100% of the revenue to musicians on the Musicoin platform every time a listener presses play.

Listeners will not have to pay for streaming music on the Musicoin platform. Instead, it will be completely free for listeners to stream content on the Musicoin network.

To summarize, Every time an end user listens to a song, the system automatically pays the musician a predetermined amount of PPP, with funds reserved for UBI, without any cost to or intervention from the listener. Moreover, if the listener likes the content, and decides to tip the musician, they can do so with however many Musicoins they want.