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JPMorgan Chase & Co is a well known financial services company which operates around the globe. Along with blockchain projects its financial operations include:

  • Corporate & Investment Bank,
  • Consumer & Community Banking,
  • Asset & Wealth Management,
  • Commercial Banking.

blockchain startups

Founded in 1799, JPMorgan Chase & Co. has its headquartered in New York and is thought to be one of the most dependable financial services company. All was going on very well for the company until Amber Baldet, an executive leader of JPMorgan’s blockchain, decided to quit the company in order to head for her own new Blockchain initiative.

Who In Fact Is Amber Baldet?

Amber Baldet was one of the main executive leaders of JPMorgan’s blockchain business. She was head of the development of JPMorgan’s authorized Blockchain platform. She had been acting as the lead for project development of Quorum as well as working on the firm’s overall Blockchain technologies strategy. In true words she was the architect of JPMorgan’s blockchain startups, securing a critical position at JPMorgan’s Blockchain Center of Excellence. She has done so in order to launch her own blockchain firm. Quorum is JPMorgan’s Blockchain and smart contracts platform.

 

Amber Baldet was nominated as one of the most influential people in the history of Blockchain by BlockDesk in 2017. She was heading the JPMorgan’s Blockchain Center of Excellence since it was founded in 2015. She was considered to be the most precious assets of JP Morgan in terms of blockchain endeavours.

Who Will Take Over Amber Baldet’s Position?

It took a very short time for JPMorgan’s executive committee to name Baldet’s successor. Christine Moy has been appointed as the new executive leader in place of Amber Baldet. She was the senior product manager working under the supervision of Amber Baldet and by chance was also appointed by her. In fact she had been working with Amber Baldet since the very beginning of the blockchain project. Later on the company admitted in a statement that Amber Baldet was no doubt extremely committed and helpful for JPMorgan to build an outstanding team. Christine Moy  was one of the team members who was groomed and trained by Amber Baldet herself.

 

Baldet’s departure from the company was after all on good terms, as was exclaimed by JPMorgan spokesperson in an interview with Reuters, he stated that the company had a respect and best wishes for her as well as her desire to start her new venture.

 

As far as the case of smart contract platform Quorum is concerned JPMorgan considers it to be the “enterprise-focused version of Ethereum.” It is basically meant for the clearing of interbank payments with the help of blockchain.

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Who will be the ‘Amazon Of Sharing Economy’?

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Each day companies are becoming more and more dependent upon blockchain technology applications. Now it is in the news that a company is going to build its own system to get rid of separate portions of the sharing economy scattered here and there. This will obviously be a blockchain based system activated with the help of a single app that will provide the users access to any sort of rent, borrow or share assets available within the network.

blockchain based system

That company is known by the name of ShareRing. It claims that the current market is no more convenient for consumers as it was in the past. The reason behind this inconvenience is that though there are numerous companies available in the online market but most of them are specialized in one particular service for instance office space or transportation etc. due to that reason the user has to go through the laborious task of registering multiple accounts. Even after that there is no guarantee of satisfaction as the things you want to buy or borrow would be available near your locality as these kind of business parties only operate in heavily localized areas. That is where ShareRing has decided to utilize its blockchain based systems to facilitate its users as well as the small business parties.

The Goal behind This Sharing Innovation

ShareRing has an aim of becoming the “Amazon of the sharing economy”. It will provide an ease of access to its users to lease a large number of assets through a single smartphone app. All these users would be interconnected with each other as well as nearby individuals who have items to share. The beauty of this system is that the rental companies would also be able to develop their own “mini” app. This app will provide them the facility to reach a much greater numbers of targeted customers within the share ring. For this purpose ShareRing is already considering deals with big brands, progress of these deals will probably be shared on its website.

Some of the areas in which the ShareRing technology may prove to be useful are:

  • Renting cars, trucks and trailers
  • Co-housing
  • Car sharing
  • Booking delivery drivers
  • Sharing gardens
  • Swapping books
  • Social dining etc

How will the App Work?

The ShareRing’s system will have full support of an integrated smart app which will use geolocation to show users which services are available near them, thus it will also be participating in growing the ecosystem. The company is quiet optimistic about its progress and hopes that soon there would be available one million assets ready to share around the world.

 

ShareRing’s token sharing event going to be launched in May, in the meantime the company is planning to run token hunts and several other campaigns to raise awareness of the project.

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Everything about bitcoin

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Everything about bitcoin

Bitcoin is a new cryptocurrency currency in the digital world. Transactions are made without a middle authority. Which means, no banks! No need of heavy fees for transactions. No need of central authority’s order to confirm the transaction and you are allowed to do transactions anonymously. This is the secure and legal way of transactions. Because the transaction is verified by the proper channel named blockchain. Who keeps the records of transaction and verify them through proper ways. Bitcoin is pretty much like cash for the Internet.

Who controls the Bitcoin network?

This is the network, nobody owns, Same like email technology. No one owns this technology. Bitcoin network is controlled by its users in all over the world. Developers are working on bitcoin services continuously, but they don’t have a right to interfere in transactions process. They even don’t have authority to create change in bitcoin protocol. Because users of this technology are free to use any software or version.

Who created Bitcoin?

Satoshi Nakamoto …….

A great silence. Still, the creator of this worldwide technology is unknown. 9-pages paper was released named,” bitcoin, peer-to-peer electronic cash system” in the last of 2008. From that day and today, bitcoin is number one cryptocurrency in the world. And, still, the inventor of this technology is a mystery.

Is Bitcoin worldwide technology?

There is a large number of bitcoin users in the world from different sectors. Includes the business transactions, buying and selling of good, restaurants start accepting bitcoin as a payment and much more. At the end of August 2013, bitcoin exceed with the US $ 1.5 billion with millions of dollars. US, Canada, China and most of the other countries start transactions by using bitcoin. Worldwide acceptance of this technology shows that the future of currency is bitcoin. Till 2017, more than 2-time bitcoin cross the value of the gold. This is the fact, and there is no comparison of gold and the bitcoin. Because of digital currency. The primary purpose of this comparison is, bitcoin’s value crossing the value of gold. This shocking fact has blown away everyone’s mind. As a result, bitcoin takes part in most of the international transactions.

 Acquiring bitcoin, is it simple? 

will make a sensible decision of transaction. A person is wise if he/she knows the value of a single bitcoin.  Either he/she is buyer or not.

Here, the question is, how acquire bitcoin?

How can we use it the for the transaction? and

Where do they come from?

Simple, you are interested in doing transactions via bitcoin. You will download software, make an address, choose a right and desired person for your transaction and send him/her a request. As, that person accept your request, create a business relation and exchange your needs with one another.

And, if you are going to buy or sell the goods. Do payments through US dollar or Euro, then exchange them into bitcoin.

You can also purchase bitcoin from bitcoin exchange

Purchasing of the bitcoin is not a big deal. Keep them save from scam’s eyes is an important fact. Technology anonymously uses in all sectors of the world. Once you will drop the catch…. Means you didn’t hold it again. Which, clearly means that you have to take decisions safely and wisely.

You also can earn bitcoin through mining.

What are the advantages of bitcoin?  

People don’t want to someone own them in their lives. They want to play hide and seek in real life, in daily routine. That is why they like the transactions through bitcoin.

There is complete freedom of payments. No bank holidays, no borders, no bureaucracy, no restrictions.fully control their money. Here, you can choose your desired fees for transactions.

Scams

While you are going to do transactions, be aware of scams.

Good luck!

Tags: Everything about Bitcoin, Bitcoin news.

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The 10 Most Bitcoin-Friendly Cities in The US You Should be Visiting Today

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The US is titled as the 22nd most Bitcoin-friendly country in the world.

So, if you ever plan on setting up an exchange or a business regarding bitcoin, the US might offer you the right market. However, many Americans would look at this rather disappointedly because they believe that they’re unable to keep up with the technology or business industry as compared to other nations.

Well, here are 10 of the most bitcoin-friendly cities in America.

business regarding bitcoinAt the top, we’ve got San Francisco, California

 

Seattle, Washington

 

Los Angeles, California

 

New York, New York

 

San Diego, California

 

Austin, Texas

 

Boston, Massachusetts

 

Chicago, Illinois

 

Phoenix, Arizona

 

And last but not the least, Washington DC.

 

So will you be paying any of these places a visit? Let us know in the comments section below.

 

Tags: Bitcoin info, which country uses bitcoin, bitcoin accepted countries

Story Credits: steemit.com

Image Credits: steemit.com

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Online Pharmacy Bitcoin – Do Online Pharmacies Accept Bitcoin?

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Online pharmacies are the pharmacies that allow purchasing of the medications hard to find at physical drug stores. Due to increase in the demand for prescription drugs, numerous online pharmacies have popped up on the chart. These pharmacies mainly deal only with fiat. However, with the ever-growing popularity of cryptocurrencies, the trend is starting to shift as online pharmacies have already started accepting Bitcoin payments in exchange for their services. In addition, some online pharmacies offer special discounts to those who opt for Bitcoin as a payment option due to simple Bitcoin exchange rates.

Bitcoin Online Pharmacies – Bitcoin As A Payment Option:

Over the last couple of years, there has been an alarming rise in drug prices. The same medications cost $11 are now being sold for over $35. Yes, more than 200% higher!!!

This astonishing price increase is really a worrying issue. However, there is one solution: Bitcoin. A lot of online pharmacies are allowing their customers to pay in Bitcoin for convenient purchases. Also, some financial analysts have shown their support for Bitcoin pharmacy trend and declared it a good investment option.

Those who have put some of their resources into Bitcoin for the sake of increasing income in near future; they indeed have made a good deal.

At this point, one might ask: “Why using Bitcoin as a payment option is a good deal?” Well, Bitcoin is a safe mode of doing business. It is not tied to your bank account, provides user anonymity, and takes the security to another level to complete online purchases.

How To Use Bitcoin As A Payment?

The majority of online pharmacies accepting Bitcoin offer special discounts to their customers who use Bitcoin to pay the bills. Anyone who wishes to pay in Bitcoin must own a virtual wallet and have access to a Bitcoin buying platform.

The online pharmacies have established a guideline for their crypto users. According to the guideline, a user must not engage in buying or selling Bitcoin until they receive an email, confirming the number of bitcoins required to complete the order.

This helps the customers avoid any security-related issues.

What Are The Best Places To Buy Prescription Drugs Online With Bitcoin?

Once you have made up your mind to buy prescription drugs online with Bitcoin, do a simple Google search. The results will contain many names that incorporate Bitcoin payments.

Some names that you might want to bookmark are:

Wrap Up:

With the latest advancements in cryptocurrency technology, bitcoin health stores have become an essential part of the payment system. As a result, several online pharmacies are now offering their services for Bitcoin. To encourage the usage of this currency, the pharmacies are also offering special discounts to those buying their products with Bitcoin, thus lowering the cost of prescription medicines.

 

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Monero Security – 3 Main Techniques Behind Monero Anonymity Explained

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Along with being accessible through networks such as Tor and I2P, Monero implements various cryptography techniques to unlock an extensive level of security and privacy:

1. Untraceable Stealth Address

As we all know, reusing the same address for bitcoin transactions is a common privacy issue of Bitcoin. Receiving or sending multiple transactions to the same address can allow anyone who knows your address to track its activity. Thus, bitcoin is not a tool that should be used on the darknet, especially for privacy purposes.

On the other hand, Monero has no such privacy concerns. Monero’s blockchain is secured in such a way that only the sender and receiver are able to identify the destination address. Only a unique cryptographic hash is provided, to each and every transaction that can be decoded by just the send or receiver to disclose the real address. These encrypted addresses are called “stealth addresses.”

Related: Bitcoin’s current price

2. Unique Separated Transaction Units

When you send XMR to any address, it arrives as several separate payment units. Basically, each unit would appear on the Monero blockchain as being transferred to its appointed and distinct stealth address. This process is applied to the sender as well as the miners when any fees are paid to them. This makes tracking of any transactions far more complicated.

3. Undetectable Ring Signature Payments

Ring Signatures is another technique that adds up to the cryptographic system behind Monero’s blockchain.

Just to be clear, similar to Bitcoin, Monero also consists of a public and private key in order to engage in buying or selling of XMR.

For example, if you are to send 18 XMR to a shop, the XMR get sub-divided into 10,5 and 3 XMR streams, these flow into distinct Monero addresses of the ship.  The private key that authorizes any 10, 5 and 3 streams sent across the network, becomes a possible signatory to the transaction. The number of possible signatories is dependent on the “mixing depth” you set. As your transaction splits into units, ring signatures guarantee that transactions can’t be stalked back to any system’s IP address.

In the end, it’s almost impossible to track or identify Monero users

These 3 techniques provide maximum privacy and prevention from roaming trackers. Monero’s code ensures the anonymity of every user and leaves barely any possibility of a linkage to take place.

Related: Read more about Altcoins

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