Category Archives: Press Release

Press Release: Blockchain Technology Deal To Make Union Voting More Secure

Global Arena Holding announced today, that its subsidiary, Global Election Services, is exploring expansion opportunities offering secured blockchain voting applications developed by the Blockchain Technologies Corporation.

Global Election Services provides comprehensive technology-enabled election services primarily for organized labor associations – and have been supervising elections since 1981, having managed over 7,000 elections involving more than 40,000,000 voters – none of which have been overturned.

GES, which has been a major contributor to the Company’s bottom line, has explored the possibility of expansion through the use of secured blockchain voting applications since the Company began acquisition talks with BTC. Management indicated that growth opportunities are abound for GES, if successfully aligned with BTC, setting the stage for GES to become a leading election management company.

Executive teams at BTC and GES have already begun conceptually augmenting the process of registered mail ballots, in-person registrations, tabulations and internet voting. With an extensive background in government elections and a working knowledge of elections for Labor Unions, Associations, etc., BTC certainly brings strength to GES family.

Press Release: Bitcoin CFD Trading Platform Bit4x Launches New Clients Account Manager and Generous Referral Program

Bit4X.com, the first bitcoin-based ECN broker, has announced the launch of their new client backend system and a very generous referral program.

Bit4x.com’s new client backend system allows clients to fully manage their demo and live accounts. Traders can check their open orders and balances, manage deposits, withdrawals, set trading account leverage and more – all from one central location. First launched in 2012, Bit4X’s innovative platform allows users to trade a diverse selection of high liquidity spot FX and CFD markets with Bitcoin.

Liquid mainstream global markets including Forex, Commodities, Indices, Stocks and more are all available to Bitcoin users. Bit4X’ offers a variety of financial instruments, including spot FX and CFDs. Those instruments can be traded in order to speculate on the future movement of market prices. If a trader thinks the price of a commodity such as gold is going to fall they can open a ‘short’ position, enabling them to take profit in Bitcoin if their prediction is correct.

Likewise, users can also open a ‘long’ position with Bitcoin if they think a commodity or stock is going to increase in value, and again earn Bitcoin profit if they are right. CFDs can also be used as a powerful hedging tool to help offset any potential future losses. A trader simply opens a ‘short’ position on any investments they may hold.

The new referral program, which is open to anyone, pays 100% commissions for all referrals at least until November 1st. After that, commissions will still be anywhere up to a very generous 50%. The 100% commissions period may also be extended at a future date.Clients can access their referral URL by clicking on ‘referrals’ from the Bit4X Account Manager, where they can also track commissions, payouts, and real time data on all referrals from the same page. Bit4X also plans to roll out integrated signals and a new API in the coming weeks, further improving upon the tools provided to their clients to boost their trading strategies.

Press Release: Blockchain Pioneer Symbiont Appoints Industry Veterans to Advisory Board

Symbiont, a pioneer in the use of blockchains and the creator of Smart Securities™, today announced that it has appointed two financial industry veterans, Maureen O’Hara and Dr. Keith B. Jarrett to its Advisory Board. These appointments will provide proven expertise and guidance to the Symbiont team in the areas of market structure and the adoption of disruptive financial technologies.

The appointment of O’Hara and Jarrett will reinforce Symbiont’s leadership position in the development of real-world application of blockchain technology. In August 2015, it announced the issuance of the first Smart Securities™, an important step forward in the financial industry’s adoption of distributed ledgers to better manage operational workflow.

Adding seasoned FinTech leaders like Maureen and Keith is perfectly timed and we’re excited to have them join our Advisory Board,” said Mark Smith, CEO and founder of Symbiont. O’Hara is currently the Chairman of the Board of Directors of Investment Technology Group, Inc.

She was a driver of ITG’s innovation and industry leadership, helping clients across the ecosystem transform from manual to electronic and algorithmic trading in US equity markets.She is also on the Board of TIAA-CREF and is the Robert W. Purcell Professor of Finance at the Johnson Graduate School of Management at Cornell University. Ms. O’Hara served as the President for a number of major economic and financial industry organizations, and was a member of the CFTC-SEC Emerging Regulatory Issues Task Force, the Global Advisory Board of the Securities Exchange Board of India (SEBI), and the Advisory Board of the Office of Financial Research in the U.S. Treasury. Dr. Jarrett was a founding executive of Thomson Financial (now Thomson Reuters) where he spent 20 years developing and implementing disruptive information technologies into the professional financial and banking industry.

Those 20 years witnessed Thomson and Jarrett alter the international FinTech landscape as developers, vendors and spokesmen for intelligent PC workstations, Wall Street research distribution and accessibility, electronic trading, and Straight thru Processing. Since his retirement from Thomson in 2002, Dr. Jarrett has served as a university educator in entrepreneurship, and a private equity investor, advisor, and board member for public and private financial and financial technology firms.

Dr. Jarrett is also a distinguished graduate of the United States Military Academy. “Not since the confluence of the microchip and the Internet 20 years ago, has there been a technological innovation which has greater potential to materially improve the infrastructure of financial securities’ issuance, trading, and safekeeping,” remarked Jarrett.

Press Release: BlockDelhi Conference – Embracing Blockchain into India’s Business

New Delhi: On February 21st, more than 250 global participants gathered in Le Meridien Hotel for BlockDelhi – the first
international blockchain conference in India’s capital.

Featured speakers included political leader Sir Shri Ajay Singh, who delivered government keynote on the future of blockchain in India as well as professionals from local and international businesses discussing various opportunities and challenges associated with the technology.

Yale ReiSoleil, CEO of IOB Fund LLC spoke about investments in blockchain and how the emerging technologies are changing the future of finance. “We believe in balance of innovation and regulation” – said Mr. ReiSoleil. IOB is bringing together an international regulated exchange network by investing in regulated, licensed, and legal entities.

Companies in the blockchain space are currently facing challenges of integrating accounting and legal aspects of business such as compliance and taxation into the platform. Mr. Reisoleil emphasized that being able to provide substantial technological solutions to these challenges is one of the major factors to consider when looking at investment options.

IOB has abolished the annual management fee and is confident that commission-based transactions should be eliminated. The CEO
highlighted that the term “blockchain” might become obsolete as there is a necessity to implement a multidimensional transactional structure or “mesh”.

Visit: http://www.iob.vc/

and https://www.blackarrowconferences.com/blockdelhi.html for more information.

Twitter link: https://twitter.com/IOBFund

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