#15 Why I am using Huobi Exchange

Bildschirmfoto 2018-02-06 um 22.36.05

I am a big fan of China. I like the culture, history, Chinese food like delicious Shanghai kitchen, spicy Sichuan hotpot…and I love the language, so different from ours.

And I can cope well with the mentality of the people. I decided to provide insights to China¬īs crypto world.¬†Why? China is underestimated, misunderstood and still has lots to offer!

I will feature startups, people, ICOs, crypto and Neo related issues.

Today: Huobi.pro exchange

Huobi Global founded in September 2013. It was one of the first exchanges to enable real time rating of Bitcoin/US. However, they suffered a lot from strict regulations in China. When ICOs finally were completely forbiden in China they had to move to Singapore and expanded their business to Hong Kong, Japan, South Korea and lately to the United States: http://bit.ly/2Ee3Ul5

Why I use Huobi.pro

It was on of the first exchanges where one could earn GAS for Neo coin, my beloved NEO.org, developers paradise!

Why I like Huobi.pro

It is a simple trading platform with realtime applications and margin trading.  They even have a news section https://lnkd.in/gx9rNJu

Huobi.pro supports startups

They founded a blockchain incubator supporting crypto startups: http://bit.ly/2Ee3Ul5 

Plus Huobi introduced a token based voting system: https://goo.gl/pw46a3

How they dealt with problems: When WAX coin had problems, #Huobi cooperated with other platforms and prepared 20 million USD, in case platform users have big loss: http://bit.ly/2EB56fU

How big is Huobi?

VERY big: Huobi is serving 6 million users, which makes them the biggest player in Asia. Welcome to China! It definitely matters!

 

Source: Coindesk.com Medium.com

#14 Why am I a Neo fan? Neo is a serious alternative to Ethereum!

Bildschirmfoto 2018-01-24 um 00.33.06

 

Top expert Chris Hager, CTO of Red Pulse, recently organised a Neo-meetup in Vienna, Austria together with Dean van Dugteren, Nikolaj Kuntner and Erik van den Brink.

What is Neo – Slides: http://bit.ly/2rvNJud

Why is Neo great and will have even brighter future:

  1. ICOs can be done on Neo!
  2. Very clever alternative to #Ethereum 
  3. Smart Consenus mechanism

  4. CityofZion (CoZ) is global, true open source community for Neo under MIT license! https://lnkd.in/eV-mW8q worth watching in full!
  5. Governing system is unique and very advanced. Meant to be lean.

  6. Neo Coin shows excellent performance although still in development phase. It¬īs not meant to be a coin for trading. It¬īs meant to support coding!

  7. Neo is still a very young child which needs a lot of care and attention!

 

As I¬†speak some mandarin (śąĎšĻüšľöŤĮīśĪČŤĮ≠) I see lots of support for Neo on WeChat, the Chinese equivalent of Whatsapp.¬†

Neo Team:¬† Neo founder¬†Hongfei DA¬†co-founder¬†Erik Zhang¬† City of Zion:¬†Fabio Cesar Canesin¬† other team members:¬†ťô∂Ťć£Á•ļ Tony Tao, Malcolm Lerider

 

 

Disclaimer: I have no contractual relation with Neo. My focus is to support blockchain use cases with a #ReturnOnSociety

#13 Slovenia’s crypto-start-up InsurePal raises $18 mln in 80 seconds!

Slovenia's start-up InsurePal raises $18 mln in cryptocurrency offering

The Slovenian-based start-up InsurePal, a distributed social proof insurance platform,  raised $18 million (14.7 million Euro) in its Initial Coin Offering (ICO) by selling-out all 201 million of its tokens. 12 million were pre-ordered and 6 million came on top in 1 minute and 20 seconds. Makes 18 million in 80 seconds. This is a peak performance for a European start-up.

“InsurePal finished their crowdsale after successfully reaching the hard cap of $18MM in only 80 seconds and selling-out all 201 million IPL tokens available,” said very happy founder¬†Matt Peterman¬†in a statement. A hard cap is the maximum amount of funds a start-up choses at the beginning of an ICO.

An ICO is a means of fundraising for a new cryptocurrency venture often used by start-ups to bypass the regulated capital-raising process required by venture capitalists or banks.

The funds raised by InsurePal are intended for the technological development of their insurance platform based on on blockchain technology and social proofing.

Matt Peterman added that”..this is a tremendous opportunity and a great honour and we are focused on the future as we wish to be fully operational in the shortest possible time. Our goal is to utilise the progress made thus far to launch the platform in six months‚Äô period,”

“The pilot project will take place in the UK, where we`ve already held several talks with insurance companies as potential partners and with the regulator. We partly assembled a team as well,” he added.

The IPL tokens were delivered to InsurePal contributors after the crowdsale and will soon be listed on several exchanges. Therefore, InsurePal will start trading almost immediately, giving all the latecomers the opportunity to buy the IPL tokens, the company said.

InsurePal, founded by former insurance executives Matt Peterman and Tom Volk, will work based on the theory of social influence. On its website it says it aims to become a first-of-a-kind blockchain-based decentralised insurance platform powered by social proof guarantee.

Peterman explained that social proofing will make it possible for individuals to store their data based on social evidence on the distributed ledger, empowering them with sovereignty on deciding whether, when and which companies will be given permit to access them.

The insurance platform that introduces social proofing can “…truly act as a universal solution disrupting the existing $7 trillion insurance market and at the same time, entering into many new segments. I am convinced that we will achieve our business goals in planned time and thus become the leading global provider in this field,”.

Peterman and Volk have filed for patent protection in the US and worldwide.

 

Source: SeeNews, InsurePal

Bildschirmfoto 2018-01-19 um 11.27.24

#12 Blockchain goes Transport!

Bildschirmfoto 2018-01-19 um 00.20.05

We happily identify a growing number of Blockchain use cases for Transport, mobility, shared rides: 

Top urbantech expert Katja Schechtner¬†¬†of OECD and¬†MIT Senseable City Lab¬† coordinates now blockchain for transport activities.¬†With my focus on #ReturnOnSociety I support her to find applications beyond ‚Äútraditional‚ÄĚ crypto. We are interested to identify transport more related blockchain use cases. Applications range from transport logistics to shared rides to Mobility as a Service (MaaS).

Some were discussed at an OECD workshop at MIT Media Lab/Center for Future Civic Media  and Toyota Research Institute.

There are a variety of related ICOs and companies working in the space.

Examples:


briskpass from Germany and

dovu.io backed by Jaguar

Car E-Wallet enables cars to become business entities on their own to autonomously pay for services like parking or charging.

Parkgene.io¬† Peer to Peer parking¬†‚ÄúAirbnb like‚ÄĚrevolution¬†on Blockchain

Tsioprotocol integrated, seamless, secure and roaming mobility infrastructure for connected people and cars

 VINchain.io The whole Truthabout a Vehicle’s History on a Blockchain

Open transport platform Add programmable transport to your app or business

Slock.it With Slock.it, unused vehicles get a new lease on life.

insurepal.io/ car insurance platform with social-proof and a system of trustees and endorser making car insurances cheaper. Their ICO on Jan 16th brought 18 million USD in 80 seconds!

 

Allmost all transport ICO s from TrackICO found here

Non-ICO: 

Kapsch’s accelerator supports blockchain for transport projects

Blockchain Labs for Open Collaboration (BLOC in Copenhagen)  Fokus on Logistics and maritime transport on blockchain

Conclusion: A lot of blockchain use cases are out there. Not yet convincing, but some with great potential!

#11 Internet age versus the blockchain age: 6 learnings

Would you have invested a billion USD in that website:

Bildschirmfoto 2018-01-12 um 08.07.28

Above you find the the world¬īs first ever published internet website. It was very basic, with zero design elements. Below some conclusions when comparing the advancement of internet (where I lost a lot of money) with blockchain technology:

  1. Blockchain will create value: Amazon killed lots of book stores and Netflix a the video rental business.  However , giant companies, like General Electric, Siemens, infrastructure, distribution, finance, etc. did not disappear. Internet helped to  create value, additively. I think  that the blockchain companies and ways of doing business will maybe kill PayPal or Western Union  but not replace Google, Facebook, Siemens, and Amazon.
  2. I expect a period with crypto market cap to continue growing exponentially. It will be over when internet companies will start joining the crypto space like Telegram plans with its own tokens and Telegram Open Network (TON).
  3. A few months after the giants join the space I expect the entire crypto market to crash about 80% and for it to recover only later. It took internet bubble 3-¬ī5 years to recover. Assumption based on Nasdaq data taking into consideration accelerated recovery speed today.
  4. There are still tens of thousands of ICOs to come: I find this when comparing number of Internet based companies with the number of crypto tokens/coin/altcoins.
  5. I expect the blockchain cycle to be much faster than the internet cycle took. While history repeats itself it never does so perfectly. In my experience thing  are accelerating over time.
  6. Cryptocurrencies are more than money: Bitcoin for storing value to be compared with Gold, other coins compared like commodities like electricity. It definitely cannot directly compared with FIAT like some Central banks (see my article on World’s Central Banks views)

 

Source:excellent Medium Article of George Popescu,  CERN Birth of Web

#10 We did it: the First Austrian Blockchain Landscape is online!

20180109_Blockchain_Landscape_Austria_v1

Top Artificial Intelligence experts Clemens Wasner and Marcel Wasserer from EnliteAI GmbH and myself put together the whole bunch of Austrian blockchain startups, companies, initiative and organisations. 

Find the full Austrian Blockchain Landscape here

EnliteAI is currently developing an AI-powered market intelligence platform with the vision to automatically map innovation ecosystems, across industry verticals and countries.

On top of Austria being a country of music, she has some promising  excellent startups, excellent blockchain experts and true crypto enthusiasts to offer.

Would you like your company or institution to be included in future updates?
Simply send an email to blockchain@enlite.ai

Key Findings

  • Number of ICOs and total volume in 2017 was comparatively small, in 2018 we expect more activity, especially from established players
  • We see strong interest from utilities and public institutions to adopt blockchain
  • Austrian Federal Ministry of Science, Research and Economy initiated Blockchain Austria initiative and financially supports the institute for Cryptoeconomics at Vienna University of Economics and Business
  • City of Vienna is very active in supporting blockchain solutions, community and research, in particular the¬†Open Government Data Initiative (OGD)¬†on blockchain.
  • So far no clear frontrunner among startups has emerged, as many prominent Blockchainers, such as¬†TenX¬†or¬†Grid Singularity, set-up operations outside Austria
  • Fortunately there are very active people managing several accelerators and incubators across the country
  • We expect 2018 to become a break-out year for the technology, with many more local initiatives and projects being unveiled to the public

Accelerators & Incubators

A healthy blockchain eco-system not only requires developers, finance experts and researchers but also mentoring and finance from seasoned entrepreneurs. Fortunately, there are accelerators and incubators across the country, often linked with co-working spaces and local organizations.

Lab10Graz

factory300

WeXelerate

Blockchain Consulting & Development

Companies in this category cover a wide range of services – from developing blockchain-based solutions up to business modelling and ICO support.

IBM

Ernst & Young

zemtum

Cointed

Rotharium

Riddle&Code

Cryptouniverse

Minebox.io

Graphsense

Hackabu

Jolocom

Gelinger Media

Blocklancer

Energy

Austrian utilities were fast to implement Etherium-based smart contracts, often in cooperation with local universities or research facilities. Given the current momentum it’s just a matter of time until we will see the first fully operational energy blockchains.

Wien Energie AG

Salzburg AG

Verbund AG

Exchange, Trading, Investing

This category focuses on exchange of crypto currencies, Crypto teller machines, trading and investing in blockchain projects and ICOs.

Bitpanda

The House of Nakamoto

Coinfinity GmbH

FairCoin

Crypto Management GmbH

BitPocket

Cryptopoint

Conda

Difacturo GmbH

Gaming

Gaming company Herosphere was the first Austrian ICO ever – raising 2 Million EURO with Herocoin. Starting from April 2018 the first implementations of Herocoin should be available to the public.

Herosphere

Herocoin

Due to the high activity in the Blockchain space many law firms have experience in setting up and supporting ICOs.

Stadler Völkel Rechtsanwälte

ICO.YOU.Can

Enzinger Steuerberatung

BDO

Birgit Harold

Akarion

KPMG

Mining

Companies in this category offer either mining hardware or mine for cryptocurrencies.

Hydrominer

Coin Factory

Cryptounity

Apollon Core

Organisations & Communities

Austria has a very large Blockchain community with more than 10.000 Blockchainers – with local organizations in each province.

Bitcoin Austria

Blockchainers.at

Smart Blockchain

City of Blockchain

BlockchainHub Wien

IoT Austria – Blockchain

Public

Activities from public players is strong in Austria, both in form of initiatives, as well as in pilot projects like open government data.

Blockchain Austria

Bundesrechenzentrum

Stadt Wien

Handelsverband

WKO

Research

Extra-university research facilities are small in number but contribute substantially to Blockchain related science and applied research.

RIAT

AIT

SBA Research

Universities & Educational Institutions

Austrian universities conduct Blockchain both economic and technical research. At the end of 2017 Vienna’s University of Economics and Business launched the Institute of Cryptoeconomics, which will focus on new business models. In addition a number of private institutions offers education and trainings, covering blockchain basics up to investments, development and business case modelling.

University of Vienna

TU Wien

Danube University Vienna

Salzburg University of Applied Sciences

Vienna University of Economics and Business

University of Innsbruck

St. Pölten University of Applied Sciences

Anita Posch

FinTech Academy

FINNOQ

vomtom

Disclaimer: We are not involved with any of the companies and organisations listed in this landscape.

#9 2018 is the Year of Artificial Intelligence on the Blockchain!

e0a60521-98f5-42d2-9ffe-e607f6649a49-original

Predictions:

  1. Blockchains are able to host AI and BigData analytics.
    Until now they are not.
  2. AI put on Blockchain makes contracts even smarter
  3. We will ess more AI as model for new services on the blockchain

What are the beautiful porcelain vases threatened by the ripple elephants:

¬†www.aicoin.io combines the pinpoint accuracy of Artificial Intelligence for trading with ‚ÄúWisdom of the Crowd‚ÄĚ to create wealth for token holders. Founder Gavin Smith

https://peculium.io/ Adam merged with Eve to avatar AIEVE – LinkedIn Account! – assisting people to manage savings. Founder Rashid Oukhai¬īs long term perspective: AI for scalability. Tangle material?

https://Energimine.com cutting-edge ArtificialIntelligence to procure energy and manage your data. Use AI to trawl market data for better efficiency of the energy market. Founder Omar Rahim

0xmagnus.com see themselves creator of the as world’s first robotics and AI automation token. Interesting! Founder Arshad Hisham is a top expert in AI

twitter: blockchainrobby