Bitcoin SV support introduced at Beaxy Exchange in partnership with Fabriik Markets 9568

Beaxy Exchange, the popular Chicago-based digital asset exchange, today announces that it has introduced trading support for Bitcoin SV [BSV] on its platform. With immediate effect, BSV/USD and BSV/BTC trading pairs are listed and available for use. The introduction of Bitcoin SV comes as a result of a partnership between Beaxy Exchange and Fabriik Markets, a leading digital asset market-maker and liquidity provider. Fabriik Markets will provide market-making services to Beaxy Exchange for BSV-based trading pairs.

The move to launch BSV-based trading on Beaxy Exchange comes as demand for the digital asset continues to grow globally, with the utility of its massively scaling blockchain driving expansion of data use cases across many industry sectors. BSV also functions as a powerful payments network for both businesses and consumers, with its fast transaction times, low fees (sending a BSV payment costs less than 1/100 of a U.S. cent), and regulation-friendly approach providing an ideal payments platform.

As a U.S. Money Services Business [MSB] registered with the Financial Crimes Enforcement Network [FinCEN], Beaxy Exchange offers a safe, compliant, and protected service for its customers. All digital assets on Beaxy Exchange are secured by Curv Institutional Custody, with USD deposits insured by the Federal Deposit Insurance Corporation [FDIC] up to $250,000.

Beaxy Exchange services customers in 42 U.S. states, in addition to serving an active global customer base in many international markets. Fiat currency on-ramps are offered by wire transfer in USD, EUR, GBP, JPY, CAD and AUD, as well as credit/debit card on-ramps offered through Simplex in USD, EUR, GBP, ILS, TRY, CAD, CHF, KRW, JPY, RUB, AUD, CZK, NOK, DKK, NZD, SEK, ZAR, HUF, and PLN.

Speaking on today’s announcement, Bay Abbott, Director and Co-President of Beaxy Exchange, said:

“There have been very limited options for those in the United States to buy or sell BSV safely and with convenience. For that reason, along with all of the interest we’ve seen from our community, Beaxy Exchange is thrilled to offer new markets for BSV that were otherwise inaccessible to a large portion of the total crypto market. This is a great opportunity for the global audience as well, as Beaxy will provide fiat on and off-ramps for traders using the USD, EUR, GBP, JPT, CAD, and AUD.”

Also commenting, Steven Walt, General Manager of Fabriik Markets, said:

“We are excited to partner with Beaxy to support their customers’ needs around BSV liquidity. Beaxy is an established and well-respected brand within the digital asset space, and we look forward to leveraging our technology and liquidity to support their growth.”

Also speaking on today’s announcement, Jimmy Nguyen, Founding President of Bitcoin Association, the Switzerland-based global industry organisation that supports Bitcoin SV, commented:

“Bitcoin Association welcomes the addition of BSV support by digital asset businesses that comply with applicable regulations and prioritise operating in a transparent manner, demonstrable qualities of both Beaxy Exchange and Fabriik Markets. With a U.S. base of operations and a strong international reach, Beaxy Exchange are an ideal partner to work with Fabriik Markets to expand the fiat on-ramps for and accessibility of BSV in the U.S. and around the world. I wish both businesses well for the future of their partnership and look forward to their contributions to the ongoing Bitcoin SV growth story and to advancing a more lawful digital currency industry.”

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Future FinTech Enters Into Indonesia Market, and Signs Share Exchange Agreement to Acquire Asiasens Investment Holding Pte. Ltd. 8305

Future FinTech Group Inc. (NASDAQ: FTFT) (“Future FinTech”, “FTFT” or “the Company”), a leading blockchain based e-commerce company and a service provider for financial technology, announced today that it has entered into an Share Exchange Agreement (the “Agreement”) with Asen Maneuvre Group Limited, a limited company organized under the laws of British Virgin Islands (the “Seller”) to acquire 70.59% of the equity interest of Asiasens Investment Holding Pte. Ltd., a company incorporated under the laws of Singapore (“Asiasens”).

Asiasens owns 85% equity interest of PT. Sens Tekonlogi Indonesia, an Indonesian company (“STI”) which holds a Financial Service Authority (Otoritas Jasa Keuangan “OJK”) license in Indonesia, and it also controls PT Permata Techno Indonesia, an Indonesian company (“PTI”) through variable interest entity (“VIE”) structure but will change it to 100% equity ownership of PTI before the closing of this transaction. PTI engages e-commerce business in Indonesia.

Pursuant to the Agreement, the Company, through its wholly owned subsidiary Future FinTech (Hong Kong) Limited is acquiring 70.59% of the equity interest of Asiasens by using 2,160,000 shares of common stock of the Company ( the “Company Shares”). The Company Shares will be issued according to the achievement of certain Earnings Before Interest and Taxes (“EBIT”) goals by Asiasens in 2021 and 2022.

More complete information of the terms of the Agreement is set forth in the Form 8-K and its exhibit filed with the Securities and Exchange Commission on December 18, 2020.

Mr. Shanchun Huang, Chief Executive Officer of the Company, commented: “Asiasens team has extensive experience in financial technology and business development in Indonesia and we are excited to be able to enter into consumer financial and e-commerce business in Indonesia through this acquisition. Asisens has established close cooperative relationships with major e-commerce companies in Indonesia. With a population of 260 million in Indonesia, we believe the acquisition of Asiasens is a key step for our business development in Indonesia and Southeast Asia markets.”

Mr. Xujun Ji, Chairman of Asiasens, said: “Relying on mobile Internet, big data and intelligent cloud computing, Asiasens has forged its core competitiveness in terms of customer acquisition, operation, and funding channels, making its products and services have a good user experience and very high user stickiness. The share exchange agreement with FTFT will definitely bring Asiasens to a higher level in terms of business and philosophy. I believe that the challenger banking and payment fields which FTFT is developing will form a cooperation advantage with our consumer finance business. We will continue to enrich product features to bring users better and more comprehensive financial services experience.”

PrimeXBT: A bitcoin-based margin trading platform with a lot to offer (2020 review) 9268

PrimeXBT

PrimeXBT is a Bitcoin-based multi-asset margin trading platform that, while built on the foundations of the traditional market, is geared towards diversifying advanced trading tools, instruments and products. The platform allows its users to operate with more than 50 trading pairs, with leverages that can reach 100x in Cryptocurrencies and up to 1000x in other trading instruments, 24 hours a day.

This large number of trading instruments, as well as its high leverage, makes it stand out from many similar platforms with more time in the market such as Binance or Bitmex. It is important to note that, when choosing a trading platform like this, there are many variables that we must take into account, since not only the variety or quantity of products and instruments guarantee their quality and effectiveness.

Next, we will review this platform and discuss the advantages and disadvantages of trading with it.

PrimeXBT Overview

PrimeXBT is a margin trading and trading platform, founded in 2018 in the Seychelles Islands, which also has offices in Saint Vincent and the Grenadines and Switzerland. It enables its users to trade with leverage in Bitcoin, other cryptocurrencies, and a wide variety of traditional financial instruments ranging from currency markets to precious metals.

In addition, it offers its users other elements including its friendly interface, a simple registration process (not KYC) that only requires an email, multiple languages ​​(including Spanish), high levels of security, very low commissions and a great liquidity.

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Recently PrimeXBT was voted the best Bitcoin margin trading platform in the ADVFN International Financial Awards 2020, it was also awarded as the best cryptocurrency trading application and the best Forex and Cryptocurrency broker.

Trading tools

PrimeXBT has a set of trading tools and features that make it a high-level and competitive option, supported by elements such as high leverage, risk management tools, and much more.

The platform offers 100X leverage on Cryptocurrency trading pairs such as Bitcoin, Ethereum, Litecoin, Ripple, and EOS, as well as up to 1000X leverage for the currency markets (Forex), stock indices, and commodities.

Additionally, the platform allows you to place advanced Stop Loss, Take Profit and OCO orders, to adjust our trading strategies and at the same time manage risks without neglecting profits.

It also features charting tools such as trend lines, support, and resistance, multiple technical analysis indicators such as the Relative Strength Index, Ichimoku Cloud, MACD, and Williams Alligator, and integrated charting software.

The fact that the platform allows the opening of both long and short positions makes it possible for its users to obtain profits regardless of whether the market is high or low.

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Instruments

While the central focus of the platform is Cryptocurrency trading, it also offers its users the ability to trade a varied list of traditional assets such as currencies, commodities, and stock indices.

These are the instruments and trading pairs that can be traded on PrimeXBT:

Cryptocurrencies
Bitcoin, Ethereum, Waves, Litecoin, EOS, and Ripple.

Pairs: BTC / USD, ETH / USD, ETH / BTC, LTC / USD, LTC / BTC, XRP / USD, XRP / BTC, EOS / USD, EOS / BTC

Currency markets
US Dollar, Euro, Gold, Silver, Australian Dollar, Canadian Dollar, British Pound, Japanese Yen, Turkish Lira, New Zealand Dollar, Singapore Dollar and Russian Ruble.

Pairs: AUD / CAD, AUD / CHF, AUD / JPY, AUD / NZD, AUD / USD, CAD / CHF, CAD / JPY, CHF / JPY, EUR / AUD, EUR / CAD, EUR / CHF, EUR / GBP, EUR / JPY, EUR / NZD, EUR / SGD, EUR / USD, GBP / AUD, GBP / CAD, GBP / CHF, GBP / JPY, GBP / NZD, GBP / SGD, GBP / USD, NZD / CAD, NZD / CHF, NZD / JPY, NZD / SGD, NZD / USD, USD / CAD, USD / CHF, USD / JPY, USD / RUB, USD / SGD, USD / TRY, XAG / USD, XAU / USD

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Commodities
WTI Crude Oil, Brent Oil and Natural Gas.

Stock indices
Dow Jones, Germany 30, Europe 30, NASDAQ, France 40, Spain 35, S & p 500, Nikkei 225 and Australia 200.

This great diversity of instruments reflects a point in favor of PrimeXBT over its closest competitors such as ByBit or Binance, which despite managing multiple instruments do not have a variety of options to trade as diverse as this, despite the fact that in the section cryptocurrency exchange Binance has more pairs to trade.

Deposits and Withdrawals

The PrimeXBT platform is based on Bitcoin, so all deposits are made with this currency and can be from 0.001 BTC. This makes the deposit process much easier by only requiring you to send the funds to the platform’s wallet, where with two confirmations you will already credit the amount.

Likewise, the withdrawal process is quite simple due to the use of BTC and only the address of the wallet that will receive the funds must be entered. The platform allows you to make a withdrawal per day, which is processed from 12 to 01 pm GMT and its commission is 0.0005 BTC.

Any withdrawal requested before 12 pm GMT is processed that same day. Likewise, any withdrawal request made after 12pm GMT will be processed the next day.

Since PrimeXBT uses hot wallets for immediate withdrawals, withdrawals for large amounts may take some time, as they may not have the amount in them and must withdraw from their cold wallets to complete the operation.

Commissions, Fees and Limits

The platform handles only two types of commission, per operation and overnight financing. The latter is applicable to leveraged operations that are kept open at night. Thus, if a user opens and closes a position with leverage during the day, he would only have to pay the commission per operation.

The fees for operations with Cryptocurrencies are 0.05%. Those of other instruments such as stock indices, raw materials or metals are 0.01% and those of currency markets or FOREX are 0.001%. The daily financing interest rates for Long or Short position are shown in the following table.

Regarding the limit of operations, PrimeXBT establishes a restriction on the size of the positions that a user can open, depending on elements such as the liquidity of the instrument, its volatility and other market conditions. The platform will not allow users to place orders that exceed the limit if they are executed.

In margin trading, PrimeXBT will lower the leverage limits for those traders who have more exposure to the market. Leverage limits based on position size. As you can see, larger positions will require more margin and thus reduce your exposure and consequently risk.

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Privacy & Security

PrimeXBT has banking-level security protocols that guarantee the security of its users’ funds. It uses Cloudflare to protect against DDoS attacks, SSL encryption that encrypts all information sent to the platform, two-factor authentication, and address whitelisting.

To store user passwords, Prime XBT claims it uses the “Bcrypt” algorithm, which prevents reading them even if a hacker had access to the exchange’s servers.

The vast majority of the platform’s funds are stored in cold wallets, which because they are offline represent an additional security measure. The hot wallets used by PrimeXBT are used for withdrawal operations and immediate payments, so the funds in them are limited.

On the other hand, in case of moving funds from a cold portfolio to a hot one, the authorization of several people will be needed, since they have a multi-signature access system.

Because the platform is non-KYC and does not require detailed personal information in its registration process, there is no risk of exposing the identity of users of the platform.

PrimeXBT Turbo

Recently PrimeXBT launched a new trading option called PrimeXBT Turbo, a Bitcoin contract that offers a binary options-like experience with greater speed and simplicity.

This product allows users to choose between upload or download contracts, with durations of 30 seconds, one minute and five minutes. While this option allows the profits of its users to multiply quickly, it also offers a high potential risk of loss.

Users can try PrimeXBT Turbo through the use of a demo account with 1 BTC, to trade without any risk and put this new product to the test.

Covesting Module

Another of the most recent PrimeXBT innovations is its new Covesting module, a product that is the result of the partnership between the financial software company Covesting and PrimeXBT that allows copy trading.

Copy trading allows inexperienced users to connect with experienced traders as followers. Then, they can copy the strategies and operations carried out by the expert traders, creating a kind of beneficial synergy for both, since the expert trader will get a percentage of the profits from his followers.

Followers will be able to trade with any experienced trader and strategy of their choice, based on the statistics supplied daily by PrimeXBT and even get a percentage of the profits generated by the creator of the strategy.

It should be noted that even an expert trader can generate losses, so it is important to be careful and attentive to the use of risk management tools when trading.

Aplicación Móvil

For users who want to review and carry out their operations from anywhere without depending on their computer, PrimeXBT developed its mobile application for Android and IOS.

This application offers functionality very similar to that offered in its traditional version of a web browser. It allows a comfortable management of the accounts and an easy execution of the operations. However, the first and most comfortable option to operate is the web version of the platform.

Support and Customer Service

PrimeXBT has a customer service and support system that is available 24 hours a day, 7 days a week. Here, users can access multiple options such as live chat, email, and help desk.

It also has an extensive library of tutorials, video tutorials and trading guides, an innovative Telegram Bot that allows its users to get up-to-date information without having to log into their accounts.

Referral program

PrimeXBT has a four-level referral system that allows its users to obtain additional income from the commissions generated by the trading of their referrals. In addition, it has created a CPA referral program where people with high influence and followers, youtubers, influencers or webmasters can obtain even greater benefits.

Interested users have an easy-to-share reference link and allusive material to promote the process.

Advantages and Disadvantages
Among the main advantages of using PrimeXBT are:

  • Wide range of financial instruments. Being able to trade both crypto and traditional markets with a wide variety of instruments is definitely PrimeXBT’s main distinction.
  • Anonymous accounts. The simple registration process without KYC protects the privacy of users.
  • Security of funds. The platform provides strong banking-level security procedures to its users.
  • 100x leverage in crypto. While leverage enhances profits, it also does so with losses, so caution in its use is highly recommended.
  • Tools for trading. A robust offering of graphical and risk management tools makes trading easy for newbies and professionals.The main disadvantages of the platform are:
  • Recent creation. Despite its good reputation in the market, it has only been in operation for two years.
  • No client for PC. This prevents your users from operating without using the web browser.
  • No API functionality. Prevents users from programming their own bots or algorithms for automated trading.
  • Restrictions on use. It cannot operate in some countries such as the United States, Canada, Israel, Japan, Algeria, Ecuador, Iran, North Korea, Sudan, and Syria.

Conclusion

PrimeXBT is a solid and very complete platform that offers a wide variety of instruments to trade. It allows its users to diversify their operations, hand in hand with an easy-to-use interface, offering advanced and even professional tools.

Its high leverage and competitive rates, added to its advantages outlined above, make it an excellent option for any user, whether novice or professional, and these in turn make it stand out from its closest competitors.

GridPlus Sets a New Standard for Blockchain Security with the Release of the Enterprise-Grade Lattice1 Wireless Hardware Wallet 11881

GridPlus, a manufacturer of secure hardware for cryptocurrency and blockchain applications, today launched retail sales for the Lattice1, a wireless hardware wallet that sets the new standard for security, utility, and ease of use. Combining a hardware security module and a Linux mini-computer, the Lattice1 is an all-purpose blockchain security hub that lets users accomplish complicated tasks with ease, free from the prying eyes of hackers. The Lattice1 introduces features that advance the state of the art for hardware wallets: physical anti-tamper protections, card-based backups, and permissioned signing which will make automatic cryptocurrency payments possible.

With the Lattice1, security and versatility go hand in hand. Its 5″ TFT touchscreen clearly displays transactions for users’ approval via an intuitive interface. The secure and general computing environments are segregated at the hardware level so the user’s private keys are isolated and safe, even when the paired phone or computer might not be.

As Dr. Karl Kreder, GridPlus Chief Security Officer and lead designer of the Lattice1, notes, “Blockchain technology is advancing at an increasing rate, but the security tools available simply have not kept pace. The difficulties associated with storage and use have prevented widespread adoption. The Lattice1 was designed for daily active use of cryptocurrencies and digital assets instead of just storing them until sold.”

In a world where we no longer need to rely on traditional banks, the Lattice1 is your personal financial center. Blockchains eliminate the need for costly intermediaries, but this requires individual custodianship which is a huge challenge for the average person. The Lattice1 gives less technical users access to powerful blockchain tools with the peace of mind that their assets are safe.

The Lattice1’s always-on wireless connectivity allows users to pair and sign with multiple devices via secure channels. This means there’s no need to reach for a USB cable every time you want to sign a transaction. Pairing simplifies key management by allowing you to use the same wallets across multiple devices.

The complicated task of securely backing up accounts with a seed phrase is also made simple using PIN-protected GridPlus SafeCards which employ the same physically unclonable chips found on credit and debit cards. SafeCards let users create backups, create additional offline storage, and easily switch between accounts on the fly. SafeCards allow anyone that can use a debit card to safely and securely use cryptocurrency.

Users can manage multiple accounts and easily interact with decentralized finance (DeFi) applications as they earn interest on their holdings, open cryptocurrency collateralized loans, and trade assets.

Preventing physical attacks on the device was a key design consideration. The Lattice1 was designed to withstand tampering and reverse engineering attempts from sophisticated attackers with direct access to a user’s hardware. This is achieved through a feature not found on other hardware wallets: a laser direct structured (LDS) mesh which encases all secure components.

The LDS mesh is a three-dimensional maze of electrical traces with a unique waveform travelling through it constantly. This circuit is monitored for continuity from the moment of provisioning to end of service. If the circuit is ever broken, the Lattice1 securely destroys all sensitive information – essentially a tripwire set off by intrusion attempts. The user could then recover their funds using GridPlus SafeCard backups.

The Lattice1 meets stringent security industry standards including FIPS, PCI, and EAL 6+ and is the only hardware wallet designed to safeguard against edge case risks such as attackers remotely accessing a user’s secrets via RF emissions.

The Lattice1 is designed, engineered, and manufactured in Texas and is available for purchase in North America, Europe, and Singapore.

About GridPlus, Inc.
Founded in 2017, GridPlus manufactures blockchain hardware infrastructure with uncompromising security. Its team of hardware, software, and cryptocurrency experts is headquartered in Austin, Texas. Visit gridplus.io for more information.

How One Crypto Player’s Winnings have Reached $275k at CryptoSlots in Two Years 13077

CryptoSlots

Ever wonder if players really do get lucky from crypto casinos? Maybe not all, but we found one CryptoSlots casino player whose winnings have added up to a substantial $275k in wins in just two years of playing ($276,200 to be exact). David C is from California, and wisely started investing in Bitcoin in 2016 – in 2018 he decided to play at Bitcoin casinos with some of his savings, and the rest is history. Read our interview with him below.

Bonus code COINAD100 is valid for 100% match on deposits $25 – $500 until Dec 31st, 2020.

Do you have a strategy?
I only put in what I got out of crypto investing, I don’t play for hours on end – you have to be smart. I won a few thousand on the Jackpot game early on, got a huge win on Olympus High Limit version at one point. With bigger wins I like that I always set the money aside. Quit when you’re ahead.

But a lot of it as learning how the games work. I count the medium wins rather than hold out for bigger ones. And, at CryptoSlots, save up Jackpot Tokens and then play Jackpot Trigger for longer all in one go.

Have you always played online? 
I’ve played slots online a lot before – only been to two actual casinos in my life to be honest with you. You have more control over what you’re doing when you’re online.

What do you like about playing with Bitcoin?
When playing at btc casinos, I don’t have to get my bank involved or wait for payments to come through – I know exactly where my money is at all times.

Last but not least, what do you spend your winnings on?
Well some of it goes back into playing, some I keep in crypto, some I spend. Last year we did a trip around Asia. We went jungle trekking in Malaysia, I got my diving certificate in Indonesia, stayed a few days in Singapore. It was out of this world, such a vacation. We were planning on heading to Norway this winter to see the Northern Lights but, unfortunately, that will have to wait thanks to this coronavirus.

When asked about his favorites among Cryptoslots’ Provably Fair casino games, David said he largely alternates between the slots to diversify his crypto bets. So we took a look at his top ten games over the last six months and analyzed his payback ratio on each:

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Interestingly, the High Limit games seem at a glance to be most volatile – offering the lowest payback ratio (Vegas Vibes High Limit at 72.5%) and the highest (Blazing Wilds High Limit at 179.1%). His standard video slot play produced more reliable wins but less chance of huge paybacks (e.g. Coin Rush at 105.8% and Vegas Twin at 99%).

Of course, it all depends on how much is bet and for how long the game is played. David bet the least on both Jacks or Better and Pyramid Plunder High Limit – maybe his inclinations warned him that luck was lurking elsewhere, maybe he quit too soon and longer gameplay would have increased his payback ratio! A significant win can make the world of difference.

We always ask our players if they believe in luck, and just like David, most of them tell us it depends on the day. For now, it seems his strategies are literally paying off.

If you’re fan of bitcoin casino games, check out Cryptoslots and take advantage of the 100% match using bonus code OURBTCNOV now.

Huobi Group and Filecoin Collaborate to Bring Incubation Center 14604

Huobi Group, in collaboration with Protocol Labs, announces alongside Filecoin the launch of the Huobi-Filecoin Incubation Center with a $10M USD fund dedicated to supporting the Filecoin ecosystem. The incubation center will focus on three main areas: Incubation, investment, and community development. It will support promising Filecoin developers, promote Filecoin-related academic research, and foster ecosystem development. Both Huobi and Protocol Labs believe that IPFS and Filecoin will be the foundation of the next generation of internet, creating a safer, more equal, and accessible system to distribute and store data – our most valuable asset in the 21st century.

As Filecoin launched its mainnet, the crypto market has also witnessed a surge of interest in this technology. Miners have now onboarded more than 1 Exabyte of storage to the Filecoin network, up +60% since the mainnet launch on October 15th. This is enough to store 250 Million 1080p Movies or 4000 versions of Wikipedia. There are over 100 organizations building on Filecoin’s mainnet, 200+ new projects entering the ecosystem through accelerators and hackathons, over 700 miners providing storage solutions and more than 4,800 developers contributing to the project on GitHub.

Seeing the Filecoin ecosystem’s enormous potential, Huobi believes that similar to decentralized finance, decentralized storage solutions such as Filecoin will lead a new wave of blockchain revolution and bring more innovation opportunities to developers. With Protocol Labs as the technical advisor to the investment fund, the incubation center would provide the best support for Filecoin developers and the community.

“Decentralized storage is a great experiment that combines cloud storage with the decentralized mechanism of blockchain. We believe that Filecoin would be the infrastructure for the next generation of internet. In this new age of information, we need to develop new ways to protect, store, and exchange our data, which could be crucial for how society and the world could be defined and developed.  In the past, the world has no mature system to handle data at scale in a decentralized way. Decentralized storage in the blockchain world is also still in the 0 to 1 stage. Viable use cases, incentive mechanism designs, and the system’s robustness and effectiveness are yet to be tested. There are still many gaps to be filled in the Filecoin ecosystem, whether from theoretical research or technological development standpoint; we see that the entire ecosystem needs more resources and support,” said Huobi CIO Sharlyn Wu.

“Right now the internet is in the middle of a revolution, and, with the launch of Filecoin, it is beginning the transition back to its decentralized roots so we can all work together to safeguard this valuable resource for the world. I’ve been impressed and grateful for the large and growing community of Filecoin developers, miners, builders, users and ecosystem participants in Asia who are passionate about a vision for a better internet.  Programs like the Huobi Filecoin Incubation Center will play important roles in supporting the community in their quest for a better web and a brighter future”  commented Juan Benet, Founder of Protocol Labs and Filecoin.

“Nurturing the Filecoin ecosystem of clients and applications building on Filecoin is a top priority for the community.  We believe the Huobi-Filecoin Incubation Center will play an important role in helping the Filecoin & IPFS ecosystems attract even more developers, entrepreneurs and community members and support their efforts to accelerate adoption of the protocol.  By 2021, we expect the Filecoin ecosystem to have world class applications, developer tooling solutions and infrastructure for clients, miners and the broader community”  said Colin Evran, Ecosystem Lead for the Filecoin Project and Leader at Protocol Labs.

Algorand Launches Global Partner Program to Accelerate Development and Adoption of Blockchain-Powered Products and Services 13601

Algorand, a world-class blockchain powering secure and efficient frictionless exchange, today announced the Algorand Partner Program (APP), designed to build and curate a partner ecosystem that enables and delivers Algorand-based products to market faster, easier, and with end users in mind. APP participants can differentiate their services and expand their business in the private and public sector with organizations at different stages of their blockchain journey: from those exploring blockchain’s potential to those already working on blockchain projects.

Program participants benefit from unique access to resources and support in building and delivering their Algorand-based offering. Additionally, they get access to the exponentially growing market of organizations seeking resources to develop or adopt Algorand-based solutions. The initial list of companies accepted in the APP includes:

  • Applied Blockchain, a company that develops enterprise software solutions for clients using blockchain and privacy-preserving technologies.
  • Rocket Insights, the fastest-growing product agency in the United States, focused on creating beautiful apps for Mobile, Voice, and the Web.
  • Mentat Innovations, a company that delivers Artificial Intelligence and Blockchain solutions for enterprises seeking to unlock the hidden value of their data.
  • BLOCKCHAIN ITALIA.io, a software developer based, specializing in fintech and blockchain.
  • Nona Digital, a high-end custom software studio.
  • Emali, an enterprise technology company that develops, licenses, supports, and delivers fintech software, solutions, and related services.
  • Bluemi, a technology payment company focused on business adoption of digital currency.
  • Cartan, a full-service fintech management consulting company with deep regulated institutional experience.
  • IntellectEU, a leader in digital finance and emerging technologies that offers strategic consultancy, operations support, and implementation services.
  • Looptribe, a software consulting company focused on digital innovation and transformation.
  • Reach, a consulting company that developed the fattest, safest, and easiest way to build applications on Algorand.
  • Koibanx, a financial assets tokenization platform, customizable for payments and digital banking products.

“As organizations, central banks, and governments begin to leverage blockchain to transform the way they create value and facilitate economic exchange the demands to provide organizations with support, resources and professional services are increasing exponentially,” said W. Sean Ford, COO of Algorand, Inc. “From DeFi startups to traditional financial institutions across a variety of sectors and geographies, Algorand’s Partner Program will help companies navigate their path to building enduring value through blockchain adoption.”

Some of the APP participants, such as Applied Blockchain and IntellectEU, have recently introduced new applications built with Algorand technology.

“Algorand’s advanced technology is best-in-class for financial products and services of the future,” said Chris Kelly, Product Manager at IntellectEU. “Having seen Algorand’s commitment to building out the ecosystem and supporting its users, we are excited to be a part of the Algorand Partner Program as it will open up new opportunities for us and our clients as we build next-generation blockchain solutions.”

“We have been working with the Algorand team for almost a year on a number of initiatives, and we have found them to be one of the most professional teams in our field,” said Adi Ben-Ari, Founder and CEO of Applied Blockchain. “We look forward to deeper collaboration through the partner program, making it easier to define a clear track to building success for our company and our clients on blockchain.”

Algorand plans to expand its program, adding more partners globally to facilitate integrations with enterprise, governments, and financial institutions that leverage Algorand blockchain. This will include select consulting firms, system integrators, software development firms, infrastructure and complementary service providers, which provide the capabilities to enable and ensure success of Algorand’s adoption. Companies interested in becoming a part of the program can apply at algorand.com/partners.

About Algorand Inc.

Algorand Inc. built the world’s first open source, permissionless, pure proof-of-stake blockchain protocol for the next generation of financial products. This blockchain, the Algorand protocol, is the brainchild of Turing Award-winning cryptographer Silvio Micali. A technology company dedicated to removing friction from financial exchange, Algorand Inc. is powering the DeFi evolution by enabling the creation and exchange of value, building new financial tools and services, bringing assets on-chain and providing responsible privacy models. For more information, visit https://www.algorand.com.