TheMerkle Bitcoin 3x Ounce of GoldPeople will continue to draw parallels between Bitcoin and gold. Some traits of both commodities make those comparisons pretty interesting, especially in terms of value and market cap. Right now, the Bitcoin market cap is equal to 1% of the total gold market cap. However, one Bitcoin is worth three times more than an ounce of gold. It will be interesting to see how these numbers evolve over the coming months. Bitcoin and Gold are Still Apples & Oranges It is not hard to see why people would like to compare Bitcoin and gold. Both commodities share a few traits,

TheMerkle Bitcoin Cash Price 500Various cryptocurrencies are getting their fair share of the upward momentum as we speak. Although most people don’t look beyond the Bitcoin price, there are plenty of other currencies and digital assets to take into account as well. Bitcoin Cash, for example, is going through a much-needed uptrend as we speak. After nearly a full week of hovering around the $300 mark, things are heading toward $500 and beyond. Bitcoin Cash Price Eyes $500 It has to be said, not too many people gave Bitcoin Cash a fighting chance when the separate ecosystem was created. That is only normal, as

Fintech is experiencing unprecedented growth thanks to the rise of blockchain technology. This should come as no surprise, as financial markets are the most ready to welcome blockchain-innovations. As a matter of fact, most of the modern sales-and-purchase contracts are already codified, and their implementation are partially automated.

Meanwhile, the less common concept of “insuretech” (insurance technologies) is gradually gaining popularity in the sphere of cryptoeconomics, since we all live in the world of probabilities.
The necessity of a codified solution for insurance in the cryptocurrency sector has become especially relevant. We have repeatedly witnessed the collapse of crypto-businesses as a result of hacks, flaws in the code and human negligence. All these factors restrain the development of cryptocurrencies and blockchain, and put off many new entrants from adoption of the technology.
At the same time, according to the forecasts of British analytical company Juniper Research (which is well known for its research on cryptocurrency trends), insuretech revenues may soar up to 235 billion US dollars this year (which is 34% more than in 2016). The growth of insuretech will be stimulated by the wider adoption of smart-contracts, says the report.
Apart from this, a junior, but huge market of cryptocurrencies will most likely become fertile ground for the development of insuretech. For wider adoption and further growth of cryptoeconomics, crypto-accounts, smart-contracts and transactions need insurance against loss and rate fluctuations. Insuretech will infiltrate throughout the field of cryptoeconomics, as it’s clear this sphere has to be protected from risks.
Nonetheless, the crypto-world has a number of unique variables to deal with: crypto-risks, cryptoliquidity and decentralized model of governance.
In order to guarantee the further development of insuretech in decentralized ecosystems, we have to envelop business-logic of insurance contract into the smart-contract form and integrate it with blockchain.
Blockchain insurance
From a point of view of financial law, there are 3 possible types of insurance for corporate players in the sphere of cryptoeconomics:

Insurance of crypto-deposits
Insurance of the deals
Hedging from price fluctuations

On the level of B2B interactions, insurance services will most likely be provided by large banks and organizations. The practice of private (peer-to-peer) insurance is less likely to be adopted in this framework, as it doesn’t match the requirements of the corporate environment: insurance payouts may amount to huge funds.
Upon the occurrence of the insured event (service hack, corporate mail leak, etc.), the affected party will be able to request the insurance compensation, unless the examination of the case reveals any forgery. Decentralized arbitration in the blockchain ecosystem might prove to be the best way to address disputes resulting from controversial insurance proceedings.
Besides the standard insurable risks (hacks and thefts), the blockchain ecosystem requires protection against fluctuations of the market rates, or “hedging” risks of cryptocurrency volatility. Generally, hedging instruments are used to insure against sudden changes in market conditions, and the most common type of hedging is a derivative, called futures contracts.
Financial derivatives for cryptomarkets are in high-demand right now and their proliferation is accelerating. Many companies and individuals are betting long-term on cryptocurrencies, hoping that their value will continue to grow.
In the cryptoeconomics of the future, holders of cryptocurrencies should be able to protect their investments without converting them into national currencies. Financial instruments, such as futures and options, will provide the tools to hedge crypto-risks and reduce the volatility.
All three options for B2B insurance as described in this piece will be provided in the frame of blockchain-ecosystem Jincor, which has announced the start of its pre-ICO on 21st of August.

Featured image from Pexels

Disclaimer: The author acts as an active team member and adviser to the Jincor project – which is working towards a decentralized arbitration system as mentioned in this piece. Author’s views are her own.
The post Age of Cryptoeconomics: How to insure cryptocurrency accounts and hedge risks appeared first on Crypto Insider – Bitcoin and Blockchain News.

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August 15, 2017 – Today ATLANT ( announced the successful completion of its ICO presale, raising over $1 million in just a few days, exceeding its revenue objectives. ATLANT is ending its ICO Presale on August 19, 2017 at UTC 00:00.

Investors are welcome and encouraged to participate until that time. Full presale details are available at ATLANT’s website,

ATLANT will now focus on its ICO (Initial Coin Offering) which will launch on September 7, 2017.

“The ATLANT Platform has significant long-term potential to positively impact the global real estate market in multiple ways”, said Julian Svirsky, ATLANT CEO “And the revenue we anticipate from our ICO will help us build out our complete solution quickly, while also creating a global community benefiting from tokenization of the world’s largest asset class.”

The core features of the ATLANT platform provide revolutionary capabilities in terms of security, efficiency and profitability in the global real estate market. ATLANT is planning its platform launch in March 2018.

ATLANT’s blockchain platform provides a secure, tamper-proof system enabling platform users to trade parcels of property without traditionally prohibitive costs and inefficiencies. Its Peer-to-Peer (P2P) transaction features will allow users to bypass intermediaries in rental deals, which will enhance ease-of-use and security for guests and hosts alike, improving user experience, reducing costs, and driving accelerated adoption.

The ATLANT platform will also enable the financial subdividing of individual parcels of real estate by tokenization, and ATLANT will subsequently list them on exchanges via PTO (Property Token Offering), starting with the decentralized ADEX exchange, based on Ethereum smart contracts.

The ATLANT platform will ease transfer of ownership, simplify fractional holding without minimal constraints, alleviate tax inefficiencies, make cross-border transactions simpler, and eliminate the substantial overhead faced in certain jurisdictions due to bureaucracy and unnecessary intermediaries.
Starting in December 2016, ATLANT began working with leading experts in finance, real estate, emerging markets and scientific fields to develop the ATLANT platform. Please see the current ATLANT roadmap for further detail on the ICO and platform launch.
For a comprehensive technical and market overview, please see the current version of the complete ATLANT White Paper.
The post ATLANT Ending ICO Pre-Sale on August 19 – Revenue Goals Achieved, Focus Turns to ICO Launch on September 7 appeared first on Crypto Insider – Bitcoin and Blockchain News.

TheMerkle DeepMind AI ImaginationArtificial intelligence can often seem scary. That is not just because these projects could turn out to be far more efficient compared to humans. There is also so much room left for future growth in the field. DeepMind is by far one of the best-known AI solutions to date, and it looks like its developers have been working on some exciting new elements. In particular, it appears they have been working on a new AI which will have an imagination. An AI With Imagination Could Have Interesting Consequences Up to this point, every known artificial intelligence solution is fairly limited in what it can achieve.

Lampix is creating a new decentralized database of images for AR/AI using Blockchain technology.

It’s not uncommon in the business and tech world to meet a roadblock, only to discover that many others have already come to the same place. Standing together in front of the difficulty, sometimes a single player creates a solution that benefits everyone. This is the story of Lampix.

Founded by George Popescu, founder of Boston Technologies, Lampix started life as a platform to create and build augmented reality (AR) systems that can transform any surface into a smart surface.

Imagine turning to any surface in a room, and immediately transforming that surface into a computer via AR – ala Tom Cruise in Minority Report.

As the Lampix team continued to develop their platform, they discovered that there were many around them who were having the same issues – access to machine learning for AR and Artificial Intelligence (AI) can be nearly insurmountable without significant resources.

As they saw the needs around them growing, the Lampix team decided to put Blockchain technology to work, not only for themselves, but for everyone with the same issues.

The team realized that Blockchain technology was uniquely helpful in creating the first ‘image mining’ network for computer vision systems, like Lampix’s original product. They decided the next step was the creation of a billion-image database of real world objects that are critical for AR systems.

As they began to consider disrupting traditional models of image production and distribution through Blockchain technology, the company realized that the best way to create a database large enough to serve the needs of the AR/AI world was by decentralizing participation.

Large companies with such databases (Google and others) had autonomous control of the images and could forbid use to competitors, centralize profits from the database, and control use arbitrarily.

Decentralization, however, would produce a large-scale database without such centralized control mechanisms in place. The needs could be met.


Presearch Uses Ethereum Blockchain and AI to Challenge Google on Its Own Turf

Presearch, a software development startup specializing in information search engines, is challenging Google on its own turf with a double-barreled approach, using both blockchain technology and AI.

Presearch’s search engine, already in use internally since 2013, is launching in beta this September. Blockchain technology and AI will be supplemented with curation by subject matter experts.

Founder and project lead Colin Pape, who previously launched the e-commerce site, said:

“While Google is generally thought of as a neutral entity for search, the company answers to Wall Street and operates very secretively.

“They’ve become known for promoting themselves at the expense of alternatives and appropriating others’ information, blaming it on ‘the algorithm.’ The reality is that they manipulate results and justify changes as being best for the user.”

Pape wants to provide a community-driven, decentralized, open and transparent alternative to Google, in contrast to what he calls the “manipulated algorithm-driven methods standard among today’s industry giants.”

Pape told Bitcoin Magazine:

“Presearch will use a combination of human curation by subject matter experts who are rewarded with tokens, and machine learning technology and APIs from other search providers (particularly for long-tail searches).”

Pape told us they will be using the Ethereum Blockchain ERC20 standard to start but may build their own blockchain technology at some point down the road.

Openness, Accountability and Community Participation

The company’s white paper emphasizes that never in the history of the world has so much information been concentrated in so few hands. It also points out that Google makes $100 billion in annual revenue from search engine searches.

Presearch estimates that 77 percent of global desktop searches and 96 percent of mobile searches, more than 5 billion queries per day, go to Google.

The white paper states that Google has built up an unprecedented degree of trust with users with “their simple interfaces, lightning-fast response times and utter reliability, combined with what appear to be amazingly accurate results.”

A Search Engine Wikipedia

Presearch believes that a decentralized, community-based decision-making process ensures everyone’s interests are considered. By rewarding members for using, promoting and contributing to the Presearch platform, the company wants to create a scalable “Wikipedia for search” to allow members to curate the best content for each inquiry.

The Presearch community can also vote on and fund new development projects, continually upgrading the platform.

Pape added: “With Presearch, I wanted to flip that business model on its head and put power over information back into the hands of all internet users.”

Search is the gateway to the web. The world deserves an alternative search engine that is open, transparent, and that involves the community in product development, consensus and quality control.


Presearch’s curation and overall development of the platform is incentivized with the Presearch Token (PST).

Presearch has run three separate crowd sales for $1 million, $1.5 million and $3 million in token revenue. There are three more sales to go that are targeted to generate more than $30 million in total revenue.

The startup is headquartered in Midland, north of Toronto, Canada. A “distributed” team is located in Silicon Valley, Boulder, Colorado and the Atlanta area, and the company is planning to expand internationally.

Advisors to Presearch include internet innovator, Rich Skrenta, who sold his search engine Blekko to IBM Watson; open-source search innovator Trey Grainger, SVP of Engineering at Lucidworks; and technology lawyer Addison Cameron-Huff, whose experience includes working with Ethereum’s founding team.

Bitcoin Magazine contacted Google for comment but has not yet received a response.

The post Presearch Uses Ethereum Blockchain and AI to Challenge Google on Its Own Turf appeared first on Bitcoin Magazine.


Synereo, as an “attention economy” company, enables content creators to monetize original works as well as reward followers for publicizing their favorite projects. WildSpark is a Google Chrome extension that allows cryptocurrency to be sent to content creators, thereby helping them expand their social reach. The AMP, a crypto-token designed and issued in early 2015, is actively being used to reward the creators of the content.

The Tel Aviv-based group designed WildSpark to empower content creators and curators to make money from their online creative endeavors. Unlike other blockchain content platform, Steemit, WildSpark is platform agnostic. While Brave functions as its own browser, with monetization made possible by the Brave Attention Token (BAT), WildSpark works as a plugin, with the flow of value done with AMP.

User guide

In using the system for the first time, I noticed the slick and subtle design. Never intrusive, the platform simply allows you to tip (or AMPLIFY, in the parlance of the blockchain project) after signing up and linking an account to Facebook.

The graphics are sleek, resembling MailChimp to me. (Maybe its the monkey)

Once an account is verified, one then receives 3 AMPs. This is done via your Facebook account, as seen in the photo below.
Once I received my AMP, I was ready to send a tip to the curator of the video “What Plants Talk About?”

You can see my 3 AMPs are now 2.70. The curator of the video, What Plants Talk About, has received .30 AMPS. WildSpark’s user backend to keep track of such transactions leaves a bit to desired at present, but according to a recent AMA the project is well on its way to offering this service.
Synereo allows internet audiences a frictionless value transfer between audiences and creators. The focus is on product-solutions for the so-called “attention economy”, which sees human attention as a scarce economy and applies economic theory to information management problems.
The company claims to have more than 1,000 users, with 10,000 subscribed to soon receive access. “We are doing the very responsible thing of gradually onboarding these users onto our product in order to ensure basically that we do not compromise the system in anyway,” said Synereo CMO Anderson McCutcheon in the AMA. “And, as our early backers can testify, we have had no outages or significant issues with neither product viability or security.”


As a platform-agnostic monetization tool, Synereo CEO Dor Konforty believes WildSpark can shift the balance of power on the internet and make it fairer for content creators. The platform is not its own content creation platform, nor is it designed for any one internet website. Rather, it’s designed at the browser level to be applicable to any and all popular content creation websites at any given time.

“[WildSpark] allows you to partner with the  creator to both support his ability to read and monetize content, while enjoying your success in terms of AMPs, and be someone who is a curator and someone who knows how to identify and match content with the right audience,” he said in the AMA.
He describes the platform as a game in an interview with CNBC. In this game, he outlines, value flows to the creator and curator.
WildSpark, which has been in Beta since July, currently has 1400 active users participating in its closed Beta program. Over 2000 instances of Amplification, where users have awarded content creators and curators for their work, have an average Amplification of 1.16 AMPs. (The largest was 6.6 AMPs) 1,013 unique videos have been Amplified.

Featured image collated from Pexels

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