Category Archives: Ethereum

E-Commerce Giant Rakuten to Launch Cryptocurrency Rewards Program

Leading Japanese e-commerce platform Rakuten will transition its rewards program to a blockchain-based system featuring a company-developed cryptocurrency. Rakuten CEO Hiroshi “Mickey” Mikitani made this announcement at the Mobile World Congress in Barcelona, according to a TechCrunch report, explaining that the token would be called Rakuten Coin. Rakuten Coin will replace the Tokyo-based company’s current “Super Points” program, which has long been regarded as one of the most robust loyalty programs in the e-commerce ecosystem, and its customers have collectively earned approximately $9.1 billion in points over the program’s 15-year history. Mikitani did not announce a release date for Rakuten Coin, but he previewed that it will be integrated into all of the firm’s many subsidiaries, which include Ebates, PriceMinister, and Viber. At present, it is unclear whether Rakuten Coin will run on its own, company-controlled blockchain or whether it will be built atop another blockchain — such as Ethereum, Stellar, NEM, or NEO — using smart contracts.

Reference: https://www.ccn.com/e-commerce-giant-rakuten-launch-cryptocurrency-rewards-program/

Press Release – CREDITS : Blockchain and Smart Contracts

IoT in Medicine

The Internet of Things (IoT) is one of the key areas of innovative technology. The concept of the IoT is electronic devices “communicating” between themselves without human assistance, so objects share information through the World Wide Web automatically. By using TCP | IP (data transfer protocols), communication across a global network becomes more accessible and allows systems to be consolidated among themselves, creating a network of networks. As a result, it is possible to change not only the business model of individual industries, but also the economics of entire states. IoT is already used in agriculture, industry, finance, health care, etc.

IoT in medicine

The ability to use the IoT to allocate loads for medical equipment can reduce queues in diagnostic centers. The permanent stream of data provides a complete picture of the patient’s illness, allowing doctors to respond to any changes in a timely manner. Special devices measure important biometric data from patients and pass them to the cloud for processing and storage. In this way, nurses can visit the wards of patients who are in need at that particular time.

Diagnostics

The use of artificial intelligence (AI) can speed up diagnosis of pathologies, and make it as accurate as possible.

Examples of innovative development using AI in medicine:

  • September 2016, an Israeli company presented an AI-based system – Beyond Verbal, which is capable of diagnosing a disease by voice.
  • February 2017, American experts presented a wireless device which controls the health of athletes. The tool produces results based on the conduction properties of the skin. Data is sent to a smartphone or tablet.
  • May 2017, scientists from Perm introduced a system based on NeuroNet using a method of mathematical modelling to diagnose heart and vascular disease. This system is self-paced and capable of diagnosing itself. The process takes into account about 70 indicators.
  • Chinese specialists recently amazed with a unique AI-based clinical diagnosis system. In less than five seconds, it handles 100 disease histories. The machine diagnoses are 20%more accurate than those made by doctors.

Automatic diagnosis using Machine Learning will invariably be a next step in the transformation of medicine throughout the world.

Treatment through the IoT

To give urgent treatment to the wounded on the battlefield, Israeli scientists have developed a prototype bracelet with an NFC-chip. The device stores all the patient’s health information and a GPS map of the location where the soldier was injured.

A further example:

  • A special sensor built into shoes is designed to reduce leg pains and, in some cases, to completely heal the sick without medical intervention.
  • The sensors, produced by Ormyx, help people with peripheral neuropathy, which reduces the sensitivity of the legs, to control their disease. The system alerts patients about excessive foot pressure.

Through such developments, reliable data on the condition of the patient can be captured as quickly as possible and an appropriate treatment provided. Using a blockchain platform allows you to share and discuss your biometric parameters with an artificial intelligence medical specialist.

Remote patient monitoring

A special sensor developed by UCB and Byterfils – Sensor Pot – notifies patients of an upcoming epilepsy attack. In 2017, Band Aid released a small band which attaches to the body and connects wirelessly to a network. The appliance transmits health data to the cloud, and can be used in difficult regions where it is hard to obtain prompt medical care.

IoT can be used for the speedy transportation of blood and medicines, with special drones quickly adapting to the challenges. Robotic surgical systems now take part in operations, with almost 500 successful surgical interventions.

Blockchain and IoT – what do they have in common?

Blockchain is an extended database that is potentially accessible to everyone. There are no centralized elements in the system that can affect the management and operation of a blockchain. Blockchain can be used to preserve and protect data in the IoT domain. The CREDITS project has unique technical characteristics which make this platform well suited for use with the IoT, especially the  medical sector.

In DLT blockchain CREDITS can create fully-independent, decentralised and separate services inside blockchain using new advanced features and smart contracts. The platform has new network technological capabilities, with high speed and low transaction costs. A new algorithm achieves a huge number of transactions per second with a minimal transaction commission. At up to 1 million transactions per second, it is likely to be the only one with these capabilities on the market.

CREDITS blockchain supports public and private networks, has a decentralized storage and a closed-type source code. Some ways using the IoT on this platform to improve health systems:

  • Quickly receive and analyze patient health information from data transmitted by devices and chips in transplanted parts of the body.
  • Patients receive personalized treatment based on biometric information, transmitted from digital devices.
  • Ensuring the monitoring and management of medical assets.
  • Interact with the entire health system by connecting to the blockchain of individual medical devices.

Using these innovative technologies, it is possible to improve the overall quality-of-life of patients, to track how the equipment is used, and to provide home help to the patient. Blockchain can literally save lives by ensuring that patients are quickly and appropriately treated.

by Merkusheva Darya

Crypto Markets Continue To Fall, But Not By Much

Sunday, Feb. 25: the crypto markets are down almost all across the board, but not by very much. Of the top ten coins listed on CoinMarketCap, no coin is down more than 5 percent in the 24-hour period by press time. Only altcoins Litecoin (LTC) and IOTA out of those top ten coins are in the green. Litecoin is trading for about $208.53, up almost 2.8 percent over a 24-hour period by press time. IOTA is up even more, roughly 5 percent over a 24-hour period, trading for about $1.80 by press time. Bitcoin (BTC) has spent the past day and a half below $10,000, a mark that it had broken through again on Feb. 15. This week saw BTC almost hitting $12,000 before slowly dropping until it hit an intra-weekly low today. BTC is currently trading for around $9,552.92, down a little more than 3 percent over a 24-hour period by press time. Ethereum (ETH) is down 1.21 percent over a 24-hour period by press time, trading for around $827.65.
Total market cap is almost $420 bln by press time, down from the intra-week high of over $500 bln, but higher than the intra-week low thus far of around $417 bln.

Reference: https://cointelegraph.com/news/crypto-markets-continue-to-fall-but-not-by-much

BlockDelhi : Blockchain Conference, New Delhi, India

India is gearing up to implement Blockchain solutions in a number of business sectors including banking, finance, retail, insurance, healthcare and governance. The banking sector has already started implementing and experimenting on Blockchain solutions. India’s corporate leaders have studied this technology and now are ready to embrace Blockchain into their mainstream business. Blockchain technology can provide solutions on payments, recordkeeping, data security, landownership records, e-governance and much more.

However, due diligence on cross border payments & the growth of cryptocurrencies against the fiat currency remains to be a key topic of concern among the government and financial sector. This Blackarrow’s BlockDelhi Blockchain conference aims to address these immediate issues and also showcase the implementation of Blockchain technology in India.

Below is the list of Companies Attended the conference:

01. The Quantum Resistant Ledger (QRL) will be a first of its kind, future-proof post-quantum value store and decentralized communication layer which tackles the threat Quantum Computing will pose to cryptocurrencies

02. Wanchain connects and exchanges value between different blockchain ledgers in a distributed manner. It uses the latest cryptographic theories to build a non-proprietary cross-chain protocol and a distributed ledger that records both cross-chain and intra-chain transactions​​​

03. The “BlockChain Foundation” has been established under the Section 8, of Companies Act in India as a NOT FOR PROFIT centre for research & development of the BlockChain ecosystem

04. Cointed is an international online exchange for the most crypto and fiat currencies. The company provides Btc-Atm’s, mining and smart payment solutions​

05. Augmate is the leading device management solution for wearable technology and bringing the power of the distributed ledger to the Internet of Things.

06. Jörg Molt – CEO Satoshi School
Founder and expert on Blockchain technology, Bitcoin and crypto currencies. Jörg Molt is a technologist who is one of the founders of Bitcoin. He is a top ranked trainer and speaker on crypto currencies who offers deep level and trusted teachings on this pioneering
technology as it changes the world.

With a knowledge that goes back more than 10 years, he wrote the book: “Die Generation Bitcoin” (The Bitcoin Generation) and is a regular advisor to governments, companies and

individuals around the world.. As an entrepreneur, Jörg has founded several bitcoin businesses and launched the Satoshi School –
which has the simple mission to provide expert education and knowledge on blockchain technology in an accessible and affordable way. Jörg has spoken around the world including the World Economic Forum in Davos in 2016.



07. IOB Fund believes in the emerging blockchain technologies; we also believe that the Interactive Cryptocurrency Offering™ will play an important part in the future of finance

08. UbiatarPlay: THE POWER OF UBIQUITY. A peer to peer marketplace of the Ubiatar Service. Currency to be everywhere.

 

09. Neurogress: A decentralized platform of neural control systems, based on AI software & user-driven algorithm training​

10. Tokenomy: Global token platform for crowdfunding, loyalty points and reward programs. The token revolution starts right here

11. Talentshop: One of the fastest growing ecommerce platforms in China, and estabilished a leading deceteralized ecommerce solution by applying blockchain techonlogy

12. Iwon Webtech Pvt. Ltd.: Top mobile app and web development company, Professional website design and development service provider. Hire dedicated team of Mobile App, Web and Graphic Designer from India.

 

Ethereum Founder Buterin: ‘Traditional Assets Are Safest Bet’ for Life Savings

Blockchain veteran Vitalik Buterin, co-founder of the Ethereum network behind No. 2 cryptocurrency by market cap ETH, is a realist. While last year may have put cryptocurrencies on the map, Buterin brings up the risk/reward profile. He doesn’t want investors to have false illusions about pie-in-the-sky returns without identifying any of the risks. Meanwhile, the ETH price has advanced nearly 40% since Feb. 5. Buterin took to Twitter, which is often his soapbox platform of choice, to seemingly tout the merits of traditional investments at the expense of cryptocurrencies but only in the event when an investor’s life savings are at stake. He doesn’t offer specific investment advice though stocks and bonds are about as traditional as securities get. His comments echo the sentiment of regulators around the world that don’t want to see investors risk it all on an emerging asset class. Meanwhile, even traditional asset managers tout the merits of diversification.

Reference: https://www.ccn.com/ethereum-founder-buterin-traditional-assets-safest-bet-life-savings/