CCN Every so often a blockchain project that comes along that knocks your socks off and Kleros may be just the that one. Steeped in intellectual concepts, Kleros delivers a decentralised organisation that promises fast, affordable and transparent justice for all. Given that we live in a time were justice is perceived to the preserve of the rich, this platform may very well change the world. Let’s start with the name and philosophical origins. Kleros derives from the Greek. Jury duty was much sought after in Ancient Greece and moreover paid. Citizens wishing to be picked for jury duty would submit tokens, called pinakions, into an allotment machine called a kleroterion. A justice officer would use a dice on the side of the machine eliminating random names with the remaining people selected. Fast forward into more recent history and consider the work of American economist Thomas Schelling. He set up an experiment where he asked students to rendezvous in New York without giving either party a time or place. The most popular choice selected was the information booth in Grand Central Station at noon. This introduced the concept of the Focal Point, often called the Schelling point, where people can […]
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Xtrade And Gimmer Form Trading Partnership
CCN Xtrade.io’s vision is to bring Wall Street Trading to the emerging Cryptocurrency markets. Before Christmas CCN interviewed Alexander Kravets on his new idea. An experienced trader with more than 20 years in the business, Kravets understood that for cryptotrading to be successful, it had to somehow mirror traditional trading. Today Kravets announces a new partnerhship with Gimmer, an existing decentralised automated cryptocurrency trading platform. XTRADE.IO will be bringing their expertise to further develop Gimmer’s back end systems. This will include building a unified FIX API to allow Gimmer users to execute strategies across multiple exchanges automatically as well as aggregated liquidity. Kravets says, ‘Gimmer is a pioneer in the retail algorithmic crypto market space and an ideal partner for leveraging XTRADE’s institutional grade infrastructure, single-portal API, and multi-market connectivity for market data and execution. By partnering with XTRADE.IO, Gimmer and their clients can expect higher fill rates, deeper liquidity across exchanges, greater opportunities for arbitrage, longer uptimes, and reduced latencies for multi-asset crypto execution’,’ he says. Using AI, Gimmer’s trading bots can execute deals quickly at the best possible price. Gimmer already has a working beta version and a crypto trading bot app that has been downloaded over 10,000 times. The […]
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CharityStars, Aiming For The Stars
CCN ‘We are all in the gutter but some of us are looking at the stars.’ Oscar Wilde Four years ago Francesco Nazari Fusetti set up CharityStars, a fund raising platform for charities. It linked celebrities with charitable causes, delivering funds to charities in a transparent, online manner. Initially Fusetti approached celebrities, looking to get them to donate their time, possessions or support for charity. Over time, this has changed and charities began instead to approach the CharityStars platform to post their projects with their own celebrity ambassadors; CharityStars having proven an ability to deliver – matching causes, celebrities and donors – the latter now numbering 40,000 active people. Fusetti is very proud of his organisation pointing to the $10 million raised since the formation of the company with mainstream charities benefitting such as WWF, UNICEF and Save the Children. With the original office located in his native Italy and still accounting for more than 30% of all income generated, new offices have been opened in the UK and US. This is important as while the donors and bidders are worldwide, many of the celebrity experiences on offer are geographically based – such as lunch with a star or a […]
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The Crypto Valley Of Zug, Why Switzerland Is The Place To Be For Bitcoin, Ethereum And Blockchain Initiatives
CCN Coming to a city near you… At first glance it might seem an unusual choice for the hottest tech location in Europe, if not EMEA, but Zug, named for its fishing rights is both a town and canton in Switzerland and home to a little under 30,000 residents. It is an affluent area, a low tax region and a base for several multinational companies. In 2001, it first sparked to international recognition when a disgruntled gunman shot 15 people, including himself, in the Zug Cantonal Parliament in what became known as the Zug Massacre. This year, Zug was very much back in the news for quite different reasons. In January 2017 a not for profit organisation was formed: the Crypto Valley Association (CVA) headquartered in Zug and formed for the express purpose of attracting and supporting blockchain companies and organisations to Switzerland. Prior to the formal establishment of CVA, the Crypto Valley in Zug had been the brain child of Johann Grevers who based his cryptofinance startup Monetas in Zug in 2013. He outlined all sorts of positive reasons why Switzerland was attractive for blockchain companies and soon attracted broad support from numerous individuals, startups, corporates, service providers, industry […]
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Indorse – Spelling The End Of The Dishonest CV…
Just how do you know if what people claim in their CV is true? For a time, google seemed to deliver an endless source of data on other people. You could search for people online and see where they had worked. Then social media made it even easier to track people – or so it seemed. In the last few years prospective employees have been warned that when they attend interviews, the company looking to hire will include a trawl of their social media to see if what they say is true or to ascertain the calibre of the person. Of course there have already been cases where legal claims have been made against individuals abusing social media, but even harmless activities may be seen as detrimental to prospective employment. Applying to a company where the CEO is teetotal? Then perhaps don’t post those post party pictures on FB. Looking to work in a company that works in pet supplies? Perhaps posting pictures of you supporting the local hunt might not be so clever. The list is endless. However, while verifying your character online is one thing, verifying your career details is another. Most CVs have referees which a thorough […]
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Dashing Over Bitcoin, Why Dash Gained 40% In Value, Fernando Gutierrez Explains
Original post on CryptoCoin.News Last week the cancellation of the Hard Fork in Bitcoin had the markets jumping and in particular the altcoins gained a lot of ground (60% in some cases) before things levelled off. Dash was one of the alt coins to be so positively affected and while it jumped all over the place it settled back to a comfortable gain of a net 40% to lie at the $430 mark. Given its gain in value since the start of the month this might be argued to be a function of more than just the cancellation of the SegWit2x or at least the head of legal at Dash, Fernando Gutierrez would argue as such. Based in Spain, Gutierrez has been involved with Dash for three years. The first non-developer to be appointed to the board, Gutierrez is genuinely cryto-curious, a specialisation from general curiosity before. ‘My wife is relieved,’ laughs Gutierrez. ‘Previously my curiosity led me to online learning constantly. I was doing all-nighters taking online courses on everything from sociology to physics. Now I am just concentrating on cryptocurrency.’ Gutierrez is self-deprecating as he is also a fully-qualified lawyer, economist and owner of a number of successful […]
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Hashgraph – can it give Blockchain a run for its money?
Ken Anderson, admin of the official Hashgraph Telegram Dev Group as well as CTO for Irish ICO Mingo, believes that Hashgraph has the potential to either eliminate or upgrade the many issues facing the Blockchain. ‘It makes sense that the next step is not another public Blockchain, but a new distributed ledger technology,’ he says. ‘Development is all about improving technology, not getting a piggy back just for the sake of it.’ Maybe it is his background as an ex-Military Intelligence Specialist in the US Army that makes Anderson somewhat fearless when it comes to evaluating new technology. ‘I’m committed to vetting Hashgraph,’ he says. Anderson and his developers in Mingo have been given permission to go inside the technology but it will be several months before he will commit to his final verdict on the new distributed ledger. So what is Hashgraph and why might it have the potential to overthrow Blockchain? Firstly, it should be noted that the Hashgraph platform, which is a distributed ledger developed by Swirlds, is currently a private ledger, does not have an ICO planned nor does it have a cryptocurrency. It does however, take some pretty big swipes at the problematic issues facing […]
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