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#bulk sms#bulk sms provider#bulk sms service provider#dlt registration for sms#dlt registration#dlt registration fee#dlt registration cost#dlt registration online#dlt registration process
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#dlt#DLT Registration#DLT Bulk Sms#DLT Registration Process & Guidelines#DLT verified entity approved by TRAI#DLT platform#DLT#dlt registration trai#dlt registration trai fees#dlt registration process#dlt registration online#dlt registration india
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What is DLT in Bulk SMS India?
👉TRAI has released a new platform to overcome frauds happening through Bulk SMS Service by sending unsolicited SMS. As per the guidelines, every Business (Entity) and Bulk SMS Provider (means: Telemarketer) have to register with the Telecom Operators to access service & continue sending Bulk SMS.
👉 DLT registration is made mandatory by TRAI from June 2020. It prevents customers from Unsolicited messages. It restricts any business from sending spontaneous and fraudulent messages and calls to customers.
👉 Companies can do DLT registration on their own or by connecting to any SMS Service Provider. The SMS Service provider usually helps their customer for DLT registration and other procedure.
👉 This process takes approximately 12 to 36 working hours so if any business wants to send messages on any particular event they have to complete DLT registration, Sender ID approval and Template approval process before their campaign time.
✅ Here is the list of documents required for DLT registration :
🟢 PAN CARD
🟢 GST Certificate
🟢 Proof Of Identity
🟢 Proof of Address
🟢 Authorization Letter
👉 There are many companies that charge fees for DLT registration, but few don't charge for DLT registration like WebXion technologies. You connect to this company for free DLT registration to avoid unnecessary headache because of documentation.
#bulk sms service#dlt registration#bulk sms service gateway#bulk sms marketing reseller panel#bulk sms smpp#bulk sms smpp application
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DLT Approved Bulk SMS Service India for Schools, and Colleges
Bulk SMS has become the most Business Oriented Mobile Marketing Service for instant delivery of Messages. Educational Institutions like Schools, Colleges, and Universities use Bulk SMS Service for sending any information, and updates to Students, and their parents.
Benefits of Bulk SMS
Bulk SMS Service is of various types like Promotional SMS, Transactional SMS, and OTP SMS.
Promotional Bulk SMS is used to send messages about School and College information such as Admission Dates, Programs Availability, Course Updates, etc. to attract students for admission in to various courses.
Transactional Bulk SMS is used to send General Messages of Schools and Colleges related to Attendance, Library Facility, Course Fees, Exam Dates, Placement, Holidays, etc.
Sample Bulk Messages
Below given some Examples of Bulk SMS and DLT Approved Bulk SMS which helps you to understand the type and nature of Bulk SMS Service for Schools and Colleges.
Promotional Messages
Sample 1:
Applications are invited by ABC Engineering College, Delhi for admission to B. Tech, Diploma, and MBA Courses 2021 Academic session. Contact Mr. Dev on 94########.
FOR DLT Approval
Applications are invited by ABC Engineering College, Mumbai Delhi for admission to (#var#) Courses 2021 Academic session. Contact (#var#) on (#var#).
#var# or variable means you can write up to 30 characters as per your requirement
Sample 2:
Admissions open for MCA/MBA Programs with Placement Guarantee, and Internship. Call 86########. Institute of Management and Technology, Mumbai.
FOR DLT approval
Admissions open for (#var#) Programs with Placement Guarantee, and Internship. Call (#var#). Institute of Management and Technology, Mumbai.
#var# or variable means you can write up to 30 characters as per your requirement
Transactional Messages
General Messages
Sample 1:
Dear Student, you are cordially invited to the Annual Function, which will be held on 12th Dec at our School Playground – Girls High School, Cuttack.
FOR DLT approval
Dear Student, you are cordially invited to the Annual Function, which will be held on (#var#) at our School Playground – Girls High School, Cuttack.
#var# or variable means you can write up to 30 characters as per your requirement
Sample 2:
Dear Parents, this is to inform you all that your ward has been suspended from College for 10 days. So you all are requested to meet the Principal immediately. +2 Science Junior College, Bhubaneswar.
FOR DLT approval
Dear Parents, this is to inform you all that your ward has been suspended from College for (#var#). So you all are requested to meet the Principal immediately. +2 Science Junior College, Bhubaneswar.
#var# or variable means you can write up to 30 characters as per your requirement
Attendance Message
Sample 1:
Dear Parents, your ward is absent for 2 days without Prior Information. Business & Management Institute, Bangalore.
FOR DLT approval
Dear Parents, your ward is absent for (#var#) without Prior Information. Business & Management Institute, Bangalore.
#var# or variable means you can write up to 30 characters as per your requirement
Transportation Messages
Sample 1:
Dear Students, Due to some official issue, our college buses will leave campus 1-hour delay. Institute of Technology, Kolkata.
FOR DLT approval
Dear Students, Due to some official issue, our college buses will leave campus (#var#) delay. Institute of Technology, Kolkata.
#var# or variable means you can write up to 30 characters as per your requirement
Fee Messages
Sample 1:
Dear Parents, Exam Fee Rs. 1500/- is due after many reminders. Please pay immediately to avoid Late Fee Charges Rs. 250/-. – Institute of Medical Science, New Delhi.
FOR DLT approval
Dear Parents, Exam Fee (#var#) is due after many reminders. Please pay immediately to avoid Late Fee Charges (#var#). – Institute of Medical Science, New Delhi.
#var# or variable means you can write up to 30 characters as per your requirement
Test & Exam Messages
Sample 1:
Dear Students, Please collect your Admit Cards between 10thMar to 16thMar from the School Administrative Department from 11 AM to 2 PM. –St. Xavier’s International School.
FOR DLT approval
Dear Students, Please collect your Admit Cards in between (#var#) to (#var#) from the School Administrative Department from (#var#) to (#var#). –St. Xavier’s International School.
#var# or variable means you can write up to 30 characters as per your requirement
Holiday Announcement
Sample 1:
Dear Students, School will remain closed from 25th Dec to 2nd Jan for New Year. – Boys High School, Rourkela.
FOR DLT approval
Dear Students, School will remain closed from (#var#) to (#var#) for New Year. – Boys High School, Rourkela.
#var# or variable means you can write up to 30 characters as per your requirement
Important!
All the examples given in samples for Bulk SMS and DLT approved Bulk SMS for Educational Institutions are displayed only for demonstration purposes. The “#var#” or “variables” in the examples will be changed according to the actual content at the time of Sending Messages by the Best Bulk SMS Service Provider in Bhubaneswar.
Request for a Demo to learn more about DLT Registration and what is its role in sending Bulk SMS.
Email Usat [email protected] Call Us at 7440005002 now to solve your professional query by our experienced team members.
Contact Us Today!
Blog Resource: https://smart5solutions.com/Blog
#Bulk SMS Service India#Promotional Bulk SMS Service#Bulk SMS#Bulk SMS Service Provider#Transactional Bulk SMS#Bulk SMS for Schools and Colleges#DLT approved Bulk SMS#Bulk SMS for Educational Institutions#DLT Registration#DLT Approved Bulk SMS Service India#Best Bulk SMS Service Provider in Bhubaneswar
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Ethereum and TRON Smart Contract MLM Software with DeFi Token-Crypto soft india
Smart Contract-Based MLM
Smart Contract-Based MLM’s are Decentralized MLM Networks that are governed or managed by any blockchain smart contract, but mostly the Ethereum blockchain. Since Ethereum is open source it gives open access for developers to leverage its smart contract technology and customize it for developing custom dApps. The entire MLM process will be tied up with the one single knot, i.e A smart contract. The inbuilt Ethereum smart contracts inside an MLM network will carry out all the processes of an MLM Platform form user registration, rewards, matrix table execution to the payment process.
As in recent days starting an MLM business is highly appreciated among the business people, because launching an MLM business with Smart Contract can create trust among users as the created MLM platform will be completely decentralized and difficult to hack or change the data. As the network eliminates the presence of the middle man all the transactions will be executed automatically through the protocols written in the decentralized smart contract. Once the smart contract is deployed it cannot be altered manually.
What is DeFi (Decentralized Finance)?
Decentralized Finance (DeFi) is the merger of traditional bank services with decentralized technologies such as blockchain. DeFi can also go under the name Open Finance due to its inclusive format. Importantly, the DeFi community seeks to create alternatives to every financial service currently available. These services include items such as savings and checking accounts, loans, asset trading, insurance, and much more.
Importance of DeFi
DeFi continues to play an important role in the evolution of the financial sector for many reasons. For one, DeFi expands the functionality and reach of money. Since all you need to participate in the DeFi sector is a Smartphone, there is huge potential to expand the global economy. Consequently, analysts see this sector as one of the most important currently under development in the crypto space.
This commitment to the development of a DeFi ecosystem is easy to recognize. Importantly, DeFi is the fastest growing sector in blockchain. According to recent reports, DEFI tokens continually outperform their counterparts. Additionally, since this time period represents the beginning of this integration stage, the market now possesses the unique opportunity to see an entirely new industry blossom.
Dapps (Decentralized Applications)
DeFi depends heavily on Dapps. To understand DeFi’s capabilities, you need to grasp the concept behind Dapps. Dapps are programs designed to function within decentralized networks. These networks can be blockchains, Tor networks, or Distributed Ledgers Technologies (DLT). The key component of these protocols is their decentralized nature. There is no central authority, corporations, or agency that monitors and approves the business functions of these applications.
Why Prefer TRON Smart Contract over Ethereum Smart Contract for MLM business?
Here let us look at the major benefits of launching your own MLM business with TRON based smart contract over Ethereum based smart contract.
Even though the TRON was introduced many years after Ethereum, they both have the same goals and do the same functions as well. Since in recent days, Tron is creating competition for the Ethereum network.
The usage of TRX, the stable coin of TRON Blockchain by crypto traders has increased in recent days when compared to the ETH users. This shows that people prefer to invest in TRX more than ETH.
Recent transaction data shows that total ETH transactions over 24 hours are 626,000 when that of TRX is 816,000 which is also above the BTC transaction. This data clearly shows that crypto users prefer TRX tokens over other cryptos.
Many Dapps and DeFi are built on the Ethereum and Tron network more than any other blockchain. To beat the numbers of dapps on Ethereum, there are more dapps developed on Tron, as Tron is also becoming a popular blockchain that leverages dapps and DeFi solutions.
The main advantage of TRON over Ethereum is that the transaction fees in Ethereum are calculated by multiplying Gas and Gas Price, but in the TRON the transaction fees are calculated using Bandwidth and energy which is lower than Ethereum’s Transaction Price.
As we all know the famous token standards of Ethereum are the ERC 20 standard, which is being pulled back by the TRON token standard TRX 20, through which many tokens are built in recent days.
Another major benefit of choosing the TRON network for smart contract MLM development is that the transaction speed of TRON, ie., 25,000 TPS which is many times greater than Bitcoin and Ethereum network transactions.
The transaction fee of TRX is nearly Zero, which makes crypto users prefer TRX over ETH, BTC, and more.
It is recorded that approximately $180 M is spent by users on TRON based Dapps which is more than the amount spent on EOS or Ethereum based Dapps. And also a 207% increase is recorded in the use of TRON Dapps.
This clearly shows that TRON, TRX, and TRON based dapps are becoming popular and used more often by people than Ethereum, ETH or ETH based dapps.
Cryptocurrency MLM software Development Company
We provide white label smart contract based MLM software development solution
Kinds of MLM
MLM comes in different forms and it makes easy for enterprises to adopt this structure that facilitates the expansion of the distribution of your product or service.
Matrix MLM Plan
Investment MLM Plan
Unilevel MLM Plan
Stairstep MLM Plan
Australian Binary Plan
Generation MLM Plan
Binary MLM Plan
Broadplan MLM Plan
Bitcoin MLM Plan
In order to make the most of these plans, it is a must that you get associated with a company that holds expertise in making both of these concepts appropriate and productive for you.
Benefits of Smart Contracts in MLM Platform
1) They are reliable since once programmed they cannot be reversed.
2) They are cost-effective since there will be no more transactional costs and the use of a huge amount of papers.
3) They are efficient since their processing speed is much higher than a traditional contract. They automatically enforce whatever is defined.
4) They are automatic and require no third party involvement.
Thanks for reading our content. For more details, kindly visit our website mentioned below;
Crypto Soft India
1/124, DLF IT Park Rd, Ramapuram, Chennai,
Tamil Nadu 600116 ,
https://www.cryptosoftindia.com/ ,
+91 6385108373.
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Ethereum and TRON Smart Contract MLM Software with DeFi Token-Crypto app factory
Smart Contract-Based MLM
Smart Contract-Based MLM’s are Decentralized MLM Networks that are governed or managed by any blockchain smart contract, but mostly the Ethereum blockchain . Since Ethereum is open source it gives open access for developers to leverage its smart contract technology and customize it for developing custom dApps. The entire MLM process will be tied up with the one single knot, i.e A smart contract. The inbuilt Ethereum smart contracts inside an MLM network will carry out all the processes of an MLM Platform form user registration, rewards, matrix table execution to the payment process.
As in recent days starting an MLM business is highly appreciated among the business people, because launching an MLM business with Smart Contract can create trust among users as the created MLM platform will be completely decentralized and difficult to hack or change the data. As the network eliminates the presence of the middle man all the transactions will be executed automatically through the protocols written in the decentralized smart contract. Once the smart contract is deployed it cannot be altered manually.
What is DeFi (Decentralized Finance)?
Decentralized Finaance (DeFi) is the merger of traditional bank services with decentralized technologies such as blockchain. DeFi can also go under the name Open Finance due to its inclusive format. Importantly, the DeFi community seeks to create alternatives to every financial service currently available. These services include items such as savings and checking accounts, loans, asset trading, insurance, and much more.
Importance of DeFi
DeFi continues to play an important role in the evolution of the financial sector for many reasons. For one, DeFi expands the functionality and reach of money. Since all you need to participate in the DeFi sector is a Smartphone, there is huge potential to expand the global economy. Consequently, analysts see this sector as one of the most important currently under development in the crypto space.
This commitment to the development of a DeFi ecosystem is easy to recognize. Importantly, DeFi is the fastest growing sector in blockchain. According to recent reports, DEFI tokens continually outperform their counterparts. Additionally, since this time period represents the beginning of this integration stage, the market now possesses the unique opportunity to see an entirely new industry blossom.
Dapps (Decentralized Applications)
DeFi depends heavily on Dapps. To understand DeFi’s capabilities, you need to grasp the concept behind Dapps. Dapps are programs designed to function within decentralized networks. These networks can be blockchains, Tor networks, or Distributed Ledgers Technologies (DLT). The key component of these protocols is their decentralized nature. There is no central authority, corporations, or agency that monitors and approves the business functions of these applications.
Why Prefer TRON Smart Contract over Ethereum Smart Contract for MLM business?
Here let us look at the major benefits of launching your own MLM business with TRON based smart contract over Ethereum based smart contract .
Even though the TRON was introduced many years after Ethereum, they both have the same goals and do the same functions as well. Since in recent days, Tron is creating competition for the Ethereum network.
The usage of TRX, the stable coin of TRON Blockchain by crypto traders has increased in recent days when compared to the ETH users. This shows that people prefer to invest in TRX more than ETH.
Recent transaction data shows that total ETH transactions over 24 hours are 626,000 when that of TRX is 816,000 which is also above the BTC transaction. This data clearly shows that crypto users prefer TRX tokens over other cryptos.
Many Dapps and DeFi are built on the Ethereum and Tron network more than any other blockchain. To beat the numbers of dapps on Ethereum, there are more dapps developed on Tron, as Tron is also becoming a popular blockchain that leverages dapps and DeFi solutions.
The main advantage of TRON over Ethereum is that the transaction fees in Ethereum are calculated by multiplying Gas and Gas Price, but in the TRON the transaction fees are calculated using Bandwidth and energy which is lower than Ethereum’s Transaction Price.
As we all know the famous token standards of Ethereum are the ERC 20 standard, which is being pulled back by the TRON token standard TRX 20, through which many tokens are built in recent days.
Another major benefit of choosing the TRON network for smart contract MLM development is that the transaction speed of TRON, ie., 25,000 TPS which is many times greater than Bitcoin and Ethereum network transactions.
The transaction fee of TRX is nearly Zero, which makes crypto users prefer TRX over ETH, BTC, and more.
It is recorded that approximately $180 M is spent by users on TRON based Dapps which is more than the amount spent on EOS or Ethereum based Dapps. And also a 207% increase is recorded in the use of TRON Dapps.
This clearly shows that TRON, TRX, and TRON based dapps are becoming popular and used more often by people than Ethereum, ETH or ETH based dapps.
Cryptocurrency MLM Software Development Company
We provide white label smart contract based MLM software development solution
Kinds of MLM
MLM comes in different forms and it makes easy for enterprises to adopt this structure that facilitates the expansion of the distribution of your product or service.
Matrix MLM Plan
Investment MLM Plan
Unilevel MLM Plan
Stairstep MLM Plan
Australian Binary Plan
Generation MLM Plan
Binary MLM Plan
Broadplan MLM Plan
Bitcoin MLM Plan
In order to make the most of these plans, it is a must that you get associated with a company that holds expertise in making both of these concepts appropriate and productive for you.
Benefits of Smart Contracts in MLM Platform
1) They are reliable since once programmed they cannot be reversed.
2) They are cost-effective since there will be no more transactional costs and the use of a huge amount of papers.
3) They are efficient since their processing speed is much higher than a traditional contract. They automatically enforce whatever is defined.
4) They are automatic and require no third party involvement.
Thanks for reading our Content. To know more about our Services, kindly Visit our Website:
Crypto App Factory ,
101, Kumaran Colony,
Vadapalani, Chennai 600026,
https://www.cryptoappfactory.com/
+91 – 7397224461.
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Ethereum and TRON Smart Contract MLM Software with DeFi Token-MLM software Tamilnadu
Smart Contract-Based MLM
Smart Contract-Based MLM’s are Decentralized MLM Networks that are governed or managed by any blockchain smart contract, but mostly the Ethereum blockchain. Since Ethereum is open source it gives open access for developers to leverage its smart contract technology and customize it for developing custom dApps. The entire MLM process will be tied up with the one single knot, i.e A smart contract. The inbuilt Ethereum smart contracts inside an MLM network will carry out all the processes of an MLM Platform form user registration, rewards, matrix table execution to the payment process.
As in recent days starting an MLM business is highly appreciated among the business people, because launching an MLM business with Smart Contract can create trust among users as the created MLM platform will be completely decentralized and difficult to hack or change the data. As the network eliminates the presence of the middle man all the transactions will be executed automatically through the protocols written in the decentralized smart contract. Once the smart contract is deployed it cannot be altered manually.
What is DeFi (Decentralized Finance)?
Decentralized Finance (DeFi) is the merger of traditional bank services with decentralized technologies such as blockchain. DeFi can also go under the name Open Finance due to its inclusive format. Importantly, the DeFi community seeks to create alternatives to every financial service currently available. These services include items such as savings and checking accounts, loans, asset trading, insurance, and much more.
Importance of DeFi
DeFi continues to play an important role in the evolution of the financial sector for many reasons. For one, DeFi expands the functionality and reach of money. Since all you need to participate in the DeFi sector is a Smartphone, there is huge potential to expand the global economy. Consequently, analysts see this sector as one of the most important currently under development in the crypto space.
This commitment to the development of a DeFi ecosystem is easy to recognize. Importantly, DeFi is the fastest growing sector in blockchain. According to recent reports, DEFI tokens continually outperform their counterparts. Additionally, since this time period represents the beginning of this integration stage, the market now possesses the unique opportunity to see an entirely new industry blossom.
Dapps (Decentralized Applications)
DeFi depends heavily on Dapps. To understand DeFi’s capabilities, you need to grasp the concept behind Dapps. Dapps are programs designed to function within decentralized networks. These networks can be blockchains, Tor networks, or Distributed Ledgers Technologies (DLT). The key component of these protocols is their decentralized nature. There is no central authority, corporations, or agency that monitors and approves the business functions of these applications.
Why Prefer TRON Smart Contract over Ethereum Smart Contract for MLM business?
Here let us look at the major benefits of launching your own MLM business with TRON based smart contract over Ethereum based smart contract.
Even though the TRON was introduced many years after Ethereum, they both have the same goals and do the same functions as well. Since in recent days, Tron is creating competition for the Ethereum network.
The usage of TRX, the stable coin of TRON Blockchain by crypto traders has increased in recent days when compared to the ETH users. This shows that people prefer to invest in TRX more than ETH.
Recent transaction data shows that total ETH transactions over 24 hours are 626,000 when that of TRX is 816,000 which is also above the BTC transaction. This data clearly shows that crypto users prefer TRX tokens over other cryptos.
Many Dapps and DeFi are built on the Ethereum and Tron network more than any other blockchain. To beat the numbers of dapps on Ethereum, there are more dapps developed on Tron, as Tron is also becoming a popular blockchain that leverages dapps and DeFi solutions.
The main advantage of TRON over Ethereum is that the transaction fees in Ethereum are calculated by multiplying Gas and Gas Price, but in the TRON the transaction fees are calculated using Bandwidth and energy which is lower than Ethereum’s Transaction Price.
As we all know the famous token standards of Ethereum are the ERC 20 standard, which is being pulled back by the TRON token standard TRX 20, through which many tokens are built in recent days.
Another major benefit of choosing the TRON network for smart contract MLM development is that the transaction speed of TRON, ie., 25,000 TPS which is many times greater than Bitcoin and Ethereum network transactions.
The transaction fee of TRX is nearly Zero, which makes crypto users prefer TRX over ETH, BTC, and more.
It is recorded that approximately $180 M is spent by users on TRON based Dapps which is more than the amount spent on EOS or Ethereum based Dapps. And also a 207% increase is recorded in the use of TRON Dapps.
This clearly shows that TRON, TRX, and TRON based dapps are becoming popular and used more often by people than Ethereum, ETH or ETH based dapps.
Cryptocurrency MLM Software Development Company
We provide white label smart contract based MLM software development solution
Kinds of MLM
MLM comes in different forms and it makes easy for enterprises to adopt this structure that facilitates the expansion of the distribution of your product or service.
Matrix MLM Plan
Investment MLM Plan
Unilevel MLM Plan
Stairstep MLM Plan
Australian Binary Plan
Generation MLM Plan
Binary MLM Plan
Broadplan MLM Plan
Bitcoin MLM Plan
In order to make the most of these plans, it is a must that you get associated with a company that holds expertise in making both of these concepts appropriate and productive for you.
Benefits of Smart Contracts in MLM Platform
1) They are reliable since once programmed they cannot be reversed.
2) They are cost-effective since there will be no more transactional costs and the use of a huge amount of papers.
3) They are efficient since their processing speed is much higher than a traditional contract. They automatically enforce whatever is defined.
4) They are automatic and require no third party involvement.
Thanks for reading our content. For more details, kindly visit our website mentioned below;
MlM Software Tamilnadu,
https://www.mlmsoftwaretamilnadu.in/ ,
26, 49th Avenue, Ashok nagar,
Chennai – 600083,
9840566115.
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� GET FREE SMS TRIAL ACCOUNT � � 9454111011 CALL NOW Engage your Customer or Audience with our cost-effective Bulk SMS Service Plan. � Promotional Bulk SMS Transactional Bulk SMS SMS API Service for Softwares Bulk Voice Call Service & Much More to take. Features of Bulk SMS Plans - 1. Send SMS to DND & Non-DND Numbers 2. Audio, Video, Images Support 3. 6 Character Unique Sender ID 4. 24 x 7 Sales & Support 5. Instant SMS Delivery & Report 6. Excel Plugin for Faster Processing 7. No Setup Fee, No Hidden Cost 8. Instant Approval of Sender ID 9. Real-Time SMS Delivery Report 10. 99 % Server Up Time 11. User-Friendly Interface 12. Send Schedule SMS 13. Send Group SMS 14. Send SMS in Any Language 15. Track SMS Delivery Report For more Info Call at 9454111011 (ALL OVER INDIA) To Buy Service Plan Visit - https://www.mobonair.in/ #Bulksms #seo #DigitalMarketing #BackLinks #HighDA #DoFOLLOW
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Get the Bitprive Bitcoin Wallet for Free today. No commission. No registration fees. Send and receive bitcoin in your own private cryptocurrency wallet Track your open trades on bitprive so you know the current status of your most recent transactions as you buy and sell bitcoin Personalize your bitprive Wallet profile so people you transact with know it’s you Safely store your hard-earned bitcoin and check your balance in real-time Share your bitcoin wallet address or QR code with other traders and friends Get updated bitcoin-to-fiat conversion rates at your convenience Receive push notifications about your trades and offers #bitprive #bitcoin #bitcoincash #usdt #eth #visa #mastercard #paypal #giftcard #fps #payme #bigpay #grabpay #wechatpay #alipay #imps #zelle #pipay #wingpay #opay #linepay #cryptocurrency #blockchain #dlt #digitalasset (at New York City, N.Y.) https://www.instagram.com/p/B_AsK9VhtBd/?igshid=6madrg4ee49b
#bitprive#bitcoin#bitcoincash#usdt#eth#visa#mastercard#paypal#giftcard#fps#payme#bigpay#grabpay#wechatpay#alipay#imps#zelle#pipay#wingpay#opay#linepay#cryptocurrency#blockchain#dlt#digitalasset
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DLT Registration: TRAI’s new regulation to remove the fraud & spamming problem
The Telecom Regulatory Authority of India had issued some draft guidelines to control the SMS spam from various marketing firms last year. That had prompted many mobile operators to invest both time and money on the latest blockchain technology. Recently, the TRAI announced that it is ready with its blockchain-based DLT platform to overcome fraud and SMS spam by initiating the DLT registration.
TRAI has come forward with this option in order to control and restrain the escalating numbers of frauds and spams occurring over SMS and Voice calls. It is established with the purpose of getting the KYC done of service providers and end-users with the telecom operators and predefined SMS content that is meant to be delivered (In order to maintain peer to peer traceability in case of frauds).
What is TRAI DLT Registration?
DLT registration is mandatory as per the new TRAI regulations. Any business that wants to send communication messages like OTP, Notification, Reminder, etc. to their user, needs to register their business on TRAI’s DLT platform. The business that wishes to register itself as telemarketers, they can register under any telecom operator (more than one if they want to). Likewise, the businesses that want to register as Enterprise or Entity, they also need to register under any of the telecom operators. Although, after registering as an entity, the businesses will get their sender IDs mapped with the telemarketers. The process of getting the sender IDs is the same as registering a domain. Once the unique sender ID is obtained it is blocked under the name of the registrant across all the telecom operators and can only be used by the registered company.
Operators like Idea, Airtel, Videocon, Vodafone, BSNL, etc. are conducting the registration through their portal under the new regulation.
Registration Fee and Last Date
A non-refundable registration fee of INR 5900.00 (INR 5000 + GST (18%)) will be applicable after the deadline, which is being waived off till the deadline date. TRAI had declared the deadline of February 5th, 2020 for the TRAI registration of Enterprise and Sender ID on the DLT platform to continue using the SMS marketing services.
However, the grace period for the registration has extended. The DLT registrations are still on-going for free, but it’s questionable how long it will remain free. Getting registered as Telemarketers or Entity is extremely necessary for Aggregators and Resellers, in order to keep sending messages.
The last date of the registration is continuously changing but it is advised to get your business registered as soon as possible. (The last updated deadline was February 10th, 2020.)
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Beyond Crypto. Applying Blockchain to Different Spheres of Life
When people think about blockchain, the first thing that comes to their minds are Bitcoin and other cryptocurrencies. Well, that’s a well-deserved association, given that little was known about the virtual currency’s underlying technology, before the global crypto craze started.
While cryptocurrencies rise and fall, blockchain (also called DLT, or Distributed Ledger Technology) has been slowly establishing itself as something that can impact areas of life that many have not even considered. Below is a list of sectors where DLT is being pioneered outside the more common sectors of finance, banking, and insurance.
1. Cyprus’ Blockchain Education
The application of blockchain has the potential to remove tons of paperwork when it comes to verifying academic credentials, facilitating the payment of tuition fees, and providing cheaper cloud sharing solutions. Apart from cutting costs and time, the use of blockchain also ensures better data integrity and can aid the crack down on fraudulent degrees, which our centralized world is not always good at spotting.
There are some pioneers who are already embracing blockchain in the education sphere, such as the University of Nicosia. It runs academic records and certificates on blockchain, accepts tuition fees in Bitcoin and tutors graduates on the subject of digital currencies.
2. Taiwan’s Blockchain Healthcare
Blockchain allows doctors and healthcare providers to access a patient’s health records securely and easily from any location at any time. This can save lives in case of an emergency, where every minute accessing illness history counts. It also provides for a more transparent claims system and facilitates payment.
Although this sounds like something far off, in reality, there have already been successful early adopters such as the Taipei Medical University Hospital, which has developed a blockchain-powered system for medical record keeping. Some 100 clinics can already request or share patients’ records, and the patients themselves have all their treatment history, lab exams and more accessible via an app.
3. Blockchain for the Wine Industry
With healthy, quality eating more and more in demand, blockchain offers food industry professionals an increased level of transparency, and thus credibility. In particular, blockchain based services have the ability to track the provenance of food (and its movement along the supply chain), serving true quality assurance certificates. No more counterfeit “Italian” pasta!
Seeking a practical example, one can think of French wine exports, a pillar of the country’s economy. According to findings of the French Wine & Spirits Commission, for every bottle of French wine in China alone there is at least one counterfeit one. Blockchain would reveal the truth, and protect the trademark holder’s profits.
4. US-Philippine Blockchain Wedding
The fight against intermediaries spreads across all spheres of life, and relationships are not an exception. The ability to record a wedding certificate on a distributed ledger, why not?
It has many benefits when compared to the classical wedding registration. There are no papers that can get lost, and no sluggish bureaucracy in the case of international marriages.
The example of Joyce from the Philippines and David from the U.S.A. proves that a blockchain wedding record is something that can help eliminate the burden of expensive paperwork, which takes months to be sorted out. Sweethearts can opt for other, more pleasant ways to spend this time.
5. Japan’s Blockchain Advertising
Blockchain brings a bunch of other advantages to the advertising industry.
Picture this: instead of middlemen like Google or Facebook’s ad arm, advertisers are now given the opportunity to showcase their goods on blockchain-based browsers.
In that way, users who opt-in tend to get fewer, but better-targeted ads without the possibility of being affected by malware.
Blockchain can also become a source of income for the consumers of these ads, with rewards motivating them to interact with promotional materials. A good example has already been set by a Japanese video platform c0ban.tv, which pays its users in cryptocurrency for watching ads.
6. Switzerland’s Blockchain Voting
One more noteworthy example of where to apply DLT is in elections. We all know that elections need the authentication of voters’ identities, secure record keeping to accurately track votes, and credible tallies to specify the winner.
By capturing votes as transactions through a blockchain, we are able to count on a verifiable trail, ensuring that no vote is manipulated, “lost” or no illegal votes have been added.
The Swiss city of Zug, widely known for its ambitions to become the blockchain capital of the world, has already tried blockchain-based voting. Although there are still issues to be tackled at later stages (e.g. anonymity vs. accountability), its introduction proved to be promising.
7. Sweden’s Blockchain Real Estate
Decentralization really has the potential to disrupt the real estate business, infamous for its lengthy processes and numerous intermediaries. A distributed online ledger could ideally list every single property and make it available for purchase or rent within a couple of clicks.
While many countries expressed interest in shifting land registries to blockchain, the Swedish Lantmäteriet took action by partnering with local banks and telecom providers in order to move residential property sales to DLT. When this goes live, formalizing a deal will take hours, not the months that we are accustomed to.
8. UK’s Blockchain Recruitment
Blockchain can become a real time saver in the area of recruitment and career development. It can make a whole document list (academic certifications, employment references etc.) easily accessible from any place in the world. Another important improvement can be seen in data verification, helping to uncover fabrications in one’s CV (some 58% of job seekers were found to have them, according to CareerBuilder).
This new blockchain-based approach to employment is already being implemented in the UK, where the APPII platform was launched for verifying academic qualifications, employment history, and other related experiences.
In this new reality, there may be no more need for template-structured CVs; verified accumulated proof of expertise will tell more than any text.
9. Curaçao’s Blockchain Gambling
Blockchain can become the key to ensuring transparency in the gambling business. Currently, casinos, which are run by single owners, may misuse users’ sensitive data, manipulate it, or even cancel cashouts at their own discretion. DLT removes all those weak points, ensuring an impartial playing experience and immediate payments.
A crucial milestone in this direction was achieved at the end of 2018 when the first blockchain-based casino was fully licensed and launched in Curaçao. Its players are already taking advantage of DLT advancements such as quick transaction settlement times and zero entry or cashout fees.
10. NASA’s Blockchain Aerospace
It is interesting to mention that even NASA plans to use blockchain for overcoming certain critical vulnerabilities and security risks pertinent to the aerospace management system. In particular, the distributed nature of blockchain can help protect air-traffic control systems from service attacks.
Is Everything Really so Perfect?
It is hard to deny that blockchain is indeed a promising technology with a universal application. However, it would be a lie to say that there are no potential risks associated with adopting it.
In particular, the 51% hacker attacks, which hit a couple of exchanges in January, showed that a decentralized ledger can still be vulnerable if one party manages to seize control of more than 50% of the network, thus gaining the power to falsify transactions.
Keep the Faith
Despite any kinks, it is strongly believed that technologies such as artificial intelligence and blockchain will create a better future for our world. The former will increase the efficiency and productivity of even the smallest private households, while the latter will ensure a more equal distribution of wealth among those who are used to bearing the burden of intermediaries’ services.
As to the security and credibility issues which DLT technology may encounter, they will most likely be resolved by developing smart protection algorithms and other automated solutions. In particular, ORS CryptoHound, an AI-powered blockchain analytics and investigative platform, is currently learning to hunt suspicious transactions, bark and even bite (whoever plans to sabotage crypto — you’d better not mess with it!).
By using this tool, one can verify the whole transaction and holding history of a certain address, thus pinpointing violations should they have occurred. The CryptoHound can thus become one of the tools for early global blockchain adopters (universities, wine exporters, property owners etc.) who would like to establish high standards of compliance, protect themselves from fraud, and have valid proof of the transparency of their operations. In particular, its research team showed the potential of the platform for cracking down on suspicious activities in the $500 Million Worth of Hidden Ethereum case study.
Closing B̵l̵o̵c̵k̵c̵h̵a̵i̵n̵ Thoughts
Designed to facilitate, authorize, and log the transfer of Bitcoin and other cryptocurrencies, blockchain technology is making its way into our daily lives at great speed. Education, food, relationships, work… This technology is penetrating and seeking to revolutionize pretty much every sphere of life. Positive developments across different states prove that the decentralized future is here!
Like all new technology it has its challenges and risks, but also enthusiasm from DLT believers that any issue can be resolved.
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[Telegram Channel | Original Article ]
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BPG Ambitiously Set to Attract $15M of Investments via ICO, ASX Seeks for More Details
As it has been recently revealed, the Australian Securities Exchange (ASX) is actively examining Byte Power Group (BPG), which is this very IT company that is listed on the platform and is trying to attract $15 million of investments to launch its cryptocurrency exchange.
On July 19, Byte Power Group received AUSTRAC registration approval and informed the ASX about its intentions to undertake a token generation event for Byte Power X Loyalty Tokens (BPX Tokens). Following this statement, the ASX issued a query letter to BPG requiring the company to provide more detailed information on its planned ICO. Today, the firm has revealed its statement with detailed replies to 17 questions that were asked by the ASX under its Listing Rule 18.7.
According to the published statement, BPG is going to generate 1 billion BPX Tokens, 25% of which will be bought by private investors. The price of one token is US$0.06. The company has set a goal to raise $15 million which will be allocated for creation of the crypto exchange. Within this platform it will be possible not only to trade BPX Tokens but also to use them to pay transaction fees. The company is going to allocate 75% of its tokens for pre-registered users of its exchange, for pre-opening and marketing campaigns and for some special releases.
Special attention to BPG from the side of the ASX can be explained by the fact that it is the first publicly traded company in the country that is seeking to launch a cryptocurrency exchange via an ICO. That’s why early in August, BPG received the above mentioned letter with questions from the ASX’s compliance team. The main aim of this letter was to justify the legality of the company’s token generation event.
It’s worth mentioning that token sale has been already initiated. Currently, only private investors in Australia and Singapore have an opportunity to purchase BPX Tokens but it is believed that soon the company will start selling tokens to investors in Hong Kong. Nevertheless, still there is no information about the amount of the raised funds and the company’s plans to sell the rest 75% of their tokens to investors as well. In Australia and Singapore, the company has managed to receive confirmation about the status of its tokens that are not viewed as securities there.
As for other news from the ASX, it has become known that it postponed the earliest date for the launch of its new replacement for CHESS system. Let us remind that CHESS (Clearing House Electronic Subregister System) has been in use since the 1990s and now the ASX is going to replace it with the post-trade DLT-based platform. Though earlier, it was announced that this new system would be launched in the fourth quarter of 2020, the newly announced date is March-April 2021.
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Copyright Protection for Entrepreneurs
Everyone has the right to sign their work of art or have their name put with the execution of an idea. The only condition to have the right is that such work of Art or such execution should be Innovative and Original. If the conditions are met, the protection can be reached under the Intellectual Property Law, and specifically the Copyright Act, 1957 in India. But it is generally be asked why we need these laws, it can be understood as to protect and reward creativity. The Creativity is the cornerstone for progress, as Economic and Social development of the society is dependent on the same. The protection provided by Act to the work and efforts of Innovators like Writers, Artists, Designers, Musician, Architects, Dramatics and the producer of Cinematograph films, Sound Recordings and Computer software which is contributory to the Creativity and also inspires to create more and others to be creative too.
As when we talk about Entrepreneurs in this scenario we meant about a person who is innovating ideas by identifying the need for creation to fill the void by bringing their ideas to life and as we already discussed it’s not only about the work of art but also the execution of original ideas too. But As the increased competitiveness and to gain credit of other people hard work, people tend to work out the reproduction or replica or Plagiarism of other’s work. When such an act is done by the people it lead to diminishing the values and the morale of the Innovator or Artist or Entrepreneur toward creativity. Hence the protection of the segment is necessary by the Copyright Act.
History and Connection
The Copyright Act of India was developed after the International Treaties which include The Berne Convention for the Protection of Literary and Artistic Work at Switzerland, 1886, The Universal Copyright Convention of Geneva, 1952, The TRIPS at Marrakech, 1994, WIPO Copyright Treaty at Geneva, 1996 and The Marrakesh VIP Treaty, 2013. These are the treaty signed by India for the Compliance of Copyright laws at an International Standard.
These are the treaties that help in creating the Copyright Act, 1957 which is amended from time to time (as amended with the Copyright Amendments Act, 2012) as well as the Copyright rules, 2013 (repealing the Copyright rules, 1958 and amended by Copyright Amendment Rules, 2016). Apart from that there are multiple document helping understand and protect the Copyright in the Country.
The Connection of these laws with the Entrepreneurs can be seen with the ideas as well as with the WIPO Copyright Treaty that ensures and protect the works and right of author there authors in the digital environment. It also grants some economic rights as well. The Treaty deals with two important subject matters as protected by copyright i.e. The Computer Program, whatever the mode or form of their expression and The Compilation of Data and other material. This provides relief to the Entrepreneurs on their work and innovation and protects the digital form as well.[i]
Protection of Rights But How?
The protection of this act can be avail by the Artist and the Entrepreneurs in their work by simple creating the original work, as the acquisition of copyright is not mandatory and such protection is provided through the International Copyright Order, 1999 but still it is recommended to avail the Certificate of registration of the Copyright as required to serve as a prima facie evidence in the purpose of Judicial or Legal Matter to prove the Ownership of Copyright.
The Sec 13 of the Act provides the list of works in which Copyright protection subsists and Sec 14 of the act gives the list of definition as well as the exclusive right of such work as given in sec 13 of the act like the right of adaptation, reproduction, publication etc.
The Protection of such Copyright has a limited time period of 60 years from the date of publication of such work, as the perpetuity of such protection will lead to eclipsing the light of further advancement and the stops the scope of creativity among people. Such protections are avail for the entrepreneurs to gain from their work of art like from the fees of using rights by means of reproduction, adaptation, issuing copies, publication, cinematograph films, sound recording, translation etc. as well as the selling of such rights to other.
These rights are protected by the law through the Copyright Office and Appellate Board which is empowered by the Sec 9 to Sec 12 of the Copyright Act, 1957, and also by the judiciary through taking cognizance in the matter as for example in cases of Eastern Book Company vs. Navin J. Desai[ii], Godrej Soap (P) ltd. vs. Dora Cosmetics Co.[iii], Caterpillar Inc vs. Kailash Nichani[iv], Lachmandas Behari vs. Padam Trading Co[v], Lal Babu Priyadarshi vs. Badshah Industries[vi] are a few of many example of such where the Judciary protected the right of the Copyright holder and provided relief on ownership, infringement, Judicial interpretation and rectification of such copyright.
This protection so avail are not only in form of civil remedy like the permanent injunction or damage to be paid or cost of legal proceeding but also as stated in Sec 63 of the Copyright act as in case of infringement with the sentence of imprisonment not less than 6 months which can be extended upto 3 years as well as fine of Rs. 50000/- which can be extended upto 200000/- rupees.
The similar can be seen in the International Copyright segment of the Act where Sec 40 of the act covers the Power to extend the right to Foreign Work as well.
Exception of these Protection
The exception to the protection can be seen for the uses of the work –
· For the purpose of research of private study,
· For criticism and review,
· For report current events,
· In connection with judicial proceeding,
· Performance by amateur club or society if such given to non-paying audience and
· The making of sound recording of literary work in certain conditions[vii]
Apart from these the word of meaning author also falls within the category if such author works within the preview of employment of Government, Public Sector Undertaking, as a journalist during his employment or work produced for the valuable consideration at the instance of another person as given in Sec 17 of the Act.[viii]
Conclusion
So with the above criteria we can understand how the protection can be given to entrepreneurs on their work or idea as well as when such protection cannot be avail for. It is also can be derived that entrepreneurs in their work as like the Nicolas tesla’s idea for bulb, the Henry Ford’s execution of assembly line, the computer programs developed by Companies like Windows and Apple, the work by Media companies with a certain method cannot be copied and falls within the purview of the Copyright Act and the such protection shall be given to them.
It is necessary to safeguard the interest of people as if we aren’t able to protect it, the people with fear won’t able to work towards the advancement of society. And it is our responsibility as well as duty to make Innovators, Entrepreneurs and Artists free from fear and to continue working towards a better future.
[i] https://www.wipo.int/copyright/en/
[ii] 2001 IVAD Delhi 612, 92 (2001) DLT 403, 2001 (58) DRJ 103
[iii] AIR 1996 Cal 367
[iv] 2002 IIAD Delhi 894, 97 (2002) DLT 304, 2002 (24) PTC 405 Del
[v] 2002 (100) DLT 155,
[vi] 2002 AIR (Pat) 33, 2001 (2) PatLJR 661
[vii] The Handbook of Copyright Law issued by Department of Internal Trade and Department of Secondary Education on behalf of Government of India
[viii] The Copyright Act, 1957
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More and more online sports betting and gambling have started adding cryptocurrencies to their list of accepted payment methods.
1xBit is a gambling and betting platform that has an established name in the crypto betting market and enables users to choose from thousands of worldwide sports events. The service accepts over 20 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Dash, and Zcash, allowing its users to benefit from faster transactions and more convenient fees.
The platform has a varied selection of sports betting options: Football, Ice hockey, Basketball, Tennis, Volleyball, Table Tennis, American football, Athletics, Golf, Bicycle Racing, Boxing, Cricket, Baseball, Curling, Darts, eSports, Formula 1, Handball, Martial Arts, Netball, Rugby, Snooker, and Sumo.
1xBit features many sections: “Bet on your National Team”, “Match of the Day”, “Betting Exchange”, “Bet on a Tournament”, and “Bet Constructor”, which enable players to bet on a given sport and earn free-spins for it.
1xBit now added a UFC section to its website
To this list, 1xBit has added a new section, Ultimate Fighting Championship (UFC), that presents related events and matches. UFC is the world’s number one promoter of mixed martial arts, all its fighters and events are top rated, and it has gathered an impressive fan base that is continuously growing.
There are hundreds of UFC events organized each year, which attract the attention of both MMA fans and bettors. 1xBit has added this section with the purpose of helping its bettors have access to information that could help them in making wagers on the outcome of UFC matches.
DLT Bookies Vs. Traditional Bookies
Sportsbooks base their estimates on the outcome of each event by analyzing statistics, expert opinions, and applying probability theories. The final odds are then calculated by adding their own profit margins to the probability.
As bookmakers earn more when their clients lose, they might be more inclined to manipulate the users’ betting strategy by giving slightly altered odds and stats, so that the users have a higher probability of losing.
There is actually nothing that can prevent this tactic. Traditional bookies also have the authority to block user’s accounts and confiscate his or her bet earnings, claiming that this happened because of a security policy.
As 1xBit makes use of cryptocurrencies, the distributed ledger technology on which they are based enables this bookie to have all his transactions and payments stored on a blockchain. This means that all the information stored can be viewed and verified, but never altered by any blockchain member.
Unlike traditional bookies, the platform has a simple form of registration. Signing up for a 1xBit account involves the One-Click method, which generates a personal account number and password. These details can be sent to the user’s email, but this is not a necessary step. Then, the user can activate two-factor authentication to enhance his or her account security.
Higher liquidity rates are another benefit which comes with DLT. The fact that bookmakers charge high withdrawal fees isn’t at all that convenient for gamblers who are looking to bet for a longer period of time to cash out after each win.
Due to the fact that 1xBit supports crypto payments, transactions are settled faster and no extra fees are incurred, as no third party is required to manage the financial settling.
Blockchain Enters the Sports World
Blockchain and cryptocurrencies have been making their way into the limelight for the involvement in sports industries. By sponsoring various athletes or sports events, crypto projects can attract media and public attention and bring more awareness to the adoption movement.
Litecoin is a cryptocurrency that has signed a partnership with GLORY Kickboxing, a famous kickboxing league, enabling customers to use LTC to buy merchandise from GLORY’s official website.
The coin also gained extra publicity as Ben Askren, experienced UFC fighter, talked about how LTC should be used in order to make a payment. He also encouraged fans to accept the altcoin.
1xBit wrote on its blog about another blockchain affiliation with the sports industry. Stratis, a blockchain-based platform for dApp creation and deployment, signed a partnership deal for James DeGale in the IBO World Super-Middleweight match.
The use of crypto and, therefore, the blockchain, has the potential to enhance the betting and gambling industry and its many sectors and, because of this, 1xBit includes UFC so that all its bettors can have a great experience.
The post 1xBit: Crypto Sports Betting at Its Finest appeared first on ZyCrypto.
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Malta Still Struggling To Enforce Crypto Laws
Currently, the Malta Financial Services Authority is engaged in a heavy consultation exercise that intends to ascertain that no stakeholder is in the dark regarding the 3 crypto and blockchain laws recently passed. The authority feels that it is important for the stakeholders to know what they entail. However, this situation has been negatively interpreted as a ploy by the Malta Financial Services Authority to stall from the reports circulating in the local media. Sources from the industry that were interviewed by CNN refuted these claims confirming that this is indeed a normal procedure. A senior partner at the renowned WF Partners called Joseph F. Borg spoke to CNN and in doing so explained that there was no anomaly. In fact, he said that the enactment of laws in the volatile financial services sector most times take this route. Joseph continued to say that the enforcement of the laws is expected some time in October this year despite the fact that their publication was drafted last week. He further added that it would provide adequate time for players in the industry to adjust accordingly so that they benefit from transitory provisions. In addition, it will allow authorities to properly cater to the numerous applications that are expected in the coming months. The Malta Financial Services Authority advised the lucrative blockchain sector to hold their horses because the laws are yet to be enforced despite their publication. The 3 blockchain and crypto bills were passed on the 20th day of July but there are ongoing consultations to transform the bills to laws. The services authority mentioned that the framework for the 3 laws was still a work in progress. Nonetheless, there was an announcement that on the 1st day of October the laws will become enforceable. However, the MFSA advised operators to be patient until a public announcement is made. Afterward, they can send requests for authorizations and approvals. The Virtual Financial Assets Act was passed by Maltese MPs. It is just one out of the three bills that are designed to introduce control in the blockchain sector. Malta is the first country in the globe to come up with a regulatory system for all blockchain based businesses ventures that are custom made. However, the authority is still in consultations with a number of service providers but is expected to release a Rule Book by end month. A fresh regulatory body will be introduced to the VFA Act and this will have the mandate of supervising the sector, the Innovative Technology Arrangement and Services Act. (ITAS) as well as the Malta Digital Innovation Authority Act (MDIA). The parliament of Malta has been proactive with regard to formulating an effective financial instrument test. Its work will be to determine if a DLT asset can qualify to be a virtual token, a virtual financial asset, a financial instrument or as electronic money. On the other hand, the MDIA Act will handle the certification as well as supervision of any technology arrangement i.e. DLT platforms and all related service providers that voluntarily apply for registration. However, the application has to be under the Innovative Technology Arrangements and Service Act. The regulators will have to first develop a good framework that underlies the VFA Act before laws can be published in the government gazette. Meanwhile, the MFSA has been collecting the opinions of stakeholders concerning the regulations. The opinions touch on administrative penalties, fees, and exemptions that are associated with the VFA ACT. Final rules, as well as regulations, will be issued regarding the VFA Act will be issued at the end of consultations i.e. 27th July. Read the full article
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Information contained on this page is provided by an independent third-party content provider. Frankly and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact to a report by Netscribes, the global Blockchain market is expected to grow at a CAGR of 42.8% from 2017 to 2022, resulting in a global revenue of USD 13.96 Billion by 2022. Blockchain technology is increasingly being used in the Banking Financial Services and Insurance (BFSI) segment for financial transactions and cross-border payments. The report indicates that the technology is also employed across a variety of sectors including healthcare, supply chain management, energy, media, informatics, etc. BFSI holds the largest share of the market, while Blockchain in the retail industry is the fastest growing sector. GreenBox Pos LLC (OTC: GRBX), Marathon Patent Group, Inc. (NASDAQ: MARA), SPI Energy Co., Ltd. (NASDAQ: SPI), Seven Stars Cloud Group, Inc. (NASDAQ: SSC), DPW Holdings, Inc. (NYSE: DPW)
Blockchain technology is still an attractive proposition to investors. Earlier this week, the Wall Street Journal reported that a software company, Block.one, raised USD 4 Billion for its EOS project from investors on the promise that the blockchain platform could change the way the internet works. "EOS is a network that allows developers to build and host applications. It is similar to Google's Android, but because it is based on the concepts behind blockchain, a software protocol designed to run on a network of linked computers, there is no central authority," the report explained.
GreenBox Pos LLC (OTCQB: GRBX) announced yesterday that, "QuickCard, the company's latest Blockchain payment and E-Wallet technology development has now passed all deployment criteria, including release criteria and compliance requirements. This robust, world class technology, is now available for most platforms, and will gradually replace existing installations of GreenBox payment technology and be the only available payment infrastructure for new clients moving forward. The company's flagship product, taking full advantage of Blockchain benefits like security, privacy, reliability and extendibility, is also the first system to offer instant settlement capabilities and an end-to-end, natively-integrated product suite. GreenBox existing and new clients have lined up to be among the first to adopt the new technology, and full-scale installations are now ongoing. The company already sees a dramatic improvement to earning quality and predictability and expects this trend to persist. GreenBox's success in securing robust commitments pipeline to deploy the new technology created opportunities in several new business verticals for the company. As a result, updated gross revenues projections reflecting that for the next 18 months have more than doubled."
Marathon Patent Group, Inc. (NASDAQ: MARA) is an IP licensing company. Following the acquisition of GBV, the combined company will focus on the development of GBV's new business involving the blockchain ecosystem and generation of digital assets. Marathon Patent Group, Inc., recently announced that the Company has amended the terms of the pending acquisition of Global Bit Ventures Inc., a digital asset technology company that mines cryptocurrencies. GBV and the Company have both entered into three-year master service agreements with BlockMaintain, Inc., an affiliate of Alchimista Inc., whereby BlockMaintain will run the day-to-day mining operations of GBV and the Company and, after the merger, will oversee all future expansion of the combined Company's mining operations. The combined 2,700 Bitmain Antminer S9 miners are expected to produce approximately 33 Ph/s of ASIC mining capacity in addition to GPU mining servers owned by GBV, comprised of 28,000 GPUs, which are capable of 630 Gh/s. Merrick Okamoto, the Company's Interim Chief Executive Officer and Executive Chairman of the Board of Directors, stated, "Today's announcement represents a substantial reduction of the price paid for GBV and 56,000,000 shares in reduced dilution to our shareholders."
SPI Energy Co., Ltd. (NASDAQ: SPI), a global provider of photovoltaic solutions for business, residential, government and utility customers and investors, recently announced the Global Bitcoin Miner Hosting. The Company operates an online energy e-commerce and investment platform in China, as well as B2B e-commerce platform offering a range of PV and storage products in Australia. SPI is committed to providing customers or organizations with safe, compliant, efficient Bitcoin mining farm hosting services with top-level hash-rate and professional maintenance in Malaysia/U.S./Canada mining farm locations. Along with the hosting service, the company launched the website globalming.com, which functioned as the introduction and work on agreements for users.
Seven Stars Cloud Group, Inc. (NASDAQ: SSC) is aiming to become a next generation Artificial - Intelligence & blockchain-powered, fintech service company, focusing on digital asset production and distribution. The Company recently announced a Joint Venture with The Centre for Digital Revolution. The JV will establish and develop the premier global standards of issuance, sales and distribution of digital assets, with operations out of the U.K. and mainland Europe. The JV will operate within, and be one component of, the previously announced NextGen X Sales, IEO and Trading Network. In addition, the Company again notes that SSC will be changing the name of NextGen X to GenXPlus, moving forward. Mr. Eric van der Kleij, the CEO of the Centre for Digital Revolution, said, "Over the last 10 years, the rapid development of Blockchain/DLT and Artificial Intelligence has seen an ocean of startups and corporations experimenting and conducting pilots to understand the potential of this breakthrough technology. This year marks the moment when the world's major financial institutions begin the serious adoption of these technologies, and the adoption of professionally created tokenized digital assets."
DPW Holdings, Inc. (NYSE: DPW) is a diversified holding company with a growth strategy of acquiring undervalued assets, disruptive technologies, sustainable solutions, and exciting ventures for incubation and development to their full potential for long-term growth and investor returns. The Company recently announced that it has used Bitcoin, the cryptocurrency its subsidiary Super Crypto Mining, Inc., or SCM, has mined through its operations, to reduce the Company's debt, marking a milestone for the Company and possibly the use of Bitcoin on a commercial basis. SCM actively mines the cryptocurrency, Bitcoin, and, since late 2017 has held its inventory of Bitcoin as one of its long term operational and investment strategies. "We believe this transaction of reducing the debt incurred from the purchase of Enertec with the cryptocurrency we have mined validates Bitcoin's value as a commodity and the use of cryptocurrencies as an alternative to fiat currency. DPW will expand its cryptocurrency mining operations as well as explore other paths to further advance the use of Bitcoin," said Milton "Todd" Ault, III, the Company's CEO and Chairman.
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