CCRB to launch a dedicated consumer-oriented app allowing users to Shop, Trade, and Earn. While companies like Coinbase with their e Gift cards are just about to knock the doors of this multi-billion dollar market, CCRB has already unlocked a host of opportunities for thousands of consumers from all across the world – including mining through their mobile device.
Cryptocarbon, a UK based, consumer-driven Blockchain venture is proud to announce the launch of its power-packed CCRB App. The new Crypto Carbon App is particularly designed for crypto lovers all across the globe – it allows users to shop with 100% payments made in cryptocurrency – there is no getting a new card or paying in fiat. The new app is loaded with features as it also allows users to swap between 6 major cryptocurrencies and allows for crypto mining right from their mobile devices.
The cryptocarbon platform is exclusive and unique as it genuinely allows its users to make valid purchases from over 35,000 partner outlets spread across 200 countries using their crypto assets. The exciting new app is a promising development. Big names like Coinbase are coming with typical eGift cards to allow crypto users to directly use their crypto assets to purchase limited products at select retail stores. The team is already working on an advanced version of the app – CCRBXPRO. The pro version will have added features and functionality.
While CCRB already acquired a good number of users and is continuously developing their infrastructure, they are also expanding their network by partnering with new stores and retail outlets. Today, most of the shopping has shifted online, and with Blockchain redefining the shape of the Fintech industry it wouldn’t be an exaggeration to say that soon all online purchase ecosystems will be looking forward to integrating their platforms with the revolutionary technology. However, CCRB already successfully pioneered the market by allowing users to shop, earn “crypto backs,” and also use the CCRB tokens for peer to peer fund transfer and exchange.
The new CCRB app already created a buzz; not only to consumers but also bigger Blockchain projects are observing these new developments. Given the current trends of how e-tail industry is emerging as a hot favorite of several big billion dollar blockchain projects, chances are CCRB enters into a partnership given the fact that they have a significant user-base and with active members already making purchases through their platform.
When asked about the new developments and whether they are open to partnerships to expand the functionality and reachability of their ecosystem further, CCRB, CEO Subhash Manuel, an Oxford Alumni said:
“We have been doing good so far, and CCRB is more than just a consumer-oriented shopping platform. Unlike anything else, we offer a comprehensive solution as users not only spend their cryptocurrencies to get products of their choice irrespective of their geographical location, they also make significant savings in the process. However, if we see that we can provide better solutions by sharing or exchange of technology and expertise, our team is always open to anything that is in the best interest of our users.”
The CCRB App is designed to bring all major functions of the existing CCRB platform in one place. Users will be able to order products from partner outlets, exchange their CCRB tokens for other cryptocurrencies and will also keep track of their spending while earning from “Cryptobacks.” Cryptoback, unlike traditional cashback offered by financial intermediaries and E-tail platforms, are directly and instantly credited to a user’s account depending upon the amount of CCRB tokens spent to make a purchase. Currently, users get to spend their CCRB tokens at 35,000 partner outlets that offer a range of products and services including airline tickets, mobile recharge, merchandise and electronics, and more.
In addition, CCRB recognizes the importance of mining crypto. Through the innovative platform, CCRB was able to resolve energy consumption issues by implementing a “Proof of Spending Protocol – POSp” (Patent App No: GB1719487.9). This makes it more convenient and easier for miners to mine through the comforts of their mobile devices.
CCRB is unique since even as new ideas are floating around attempting to tap into the booming e-tail industry for cryptocurrency users, they always make it more difficult and expensive to perform online purchases. The market price of CCRB tokens may witness an upward surge as the new app will consolidate its user base and consequently increase the number of daily transactions on their platform. After their vibrant launch last year, and with all these new developments, CCRB seems to be inching towards a thriving fourth quarter in 2018.
Get to know more about how CCRB allow its users to spend their crypto assets to make direct purchases from over 35,000 partner outlets. Visit the CCRB website at https://ccrb.io/.
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
IOTW Leverages IoT, New Blockchain Algorithm to Help Miners Generate Coins with Electrical Devices
The Internet of Things (IoT) is one of the most promising technologies, along with the distributed ledger technology (DLT) – also called blockchain, artificial intelligence, and a few others. ANAPP Blockchain Technologies Limited, a blockchain-oriented startup, plans to merge IoT with blockchain for an innovative infrastructure that would allow users to mine digital currencies with the help of any electronic device and home appliance that can act as an IoT device.
IOTW, as the new project is called, will use blockchain to provide a better alternative to the popular Proof of Work (PoW) and Proof of Stake (PoS) consensus algorithms. IOTW proposes Proof of Assignment (PoA) – a completely new approach that solves some of the main problems inherent in the traditional algorithms. The ecosystem is fueled by IOTW coins, which allow high-speed micro-transactions.
Some may find IOTW quite similar with IOTA, a popular project that combines a distributed ledger system with the IoT concept. However, IOTA doesn’t use an actual blockchain system but an architecture called Tangle, and more importantly, it doesn’t perform as well as IOTW.
Leveraging IoT to Beat Proof of Work
Bitcoin is by far the most popular and oldest cryptocurrency, and today most of the miners would target it given its high price. However, the competition became fierce and retail miners don’t find it profitable…
For every Genesis, there is an End.
As the founder of Elevate Group, which is a managed co-hosting facility for bitcoin mining, I went to great lengths to analyze how both the mining ico’S are structured and how cloud mining operates. So I believe I’m particularly well qualified to write this article, and I hope the reader gains from it.
Yes, this is also a marketing piece about Elevate Group, but there are no gimmicks or ‘specials’ or anything like that, I just point out the relevant truths and ask some pressing questions about the industry as a whole. All my numbers are derived directly from the companies websites, all this information is factual and I encourage you to check them for yourself.
So let’s start with a basic summary of what bitcoin mining is exactly, and if anyone ever tries to complicate this answer, they are speaking nonsense. Bitcoin mining serves two functions, it secures the bitcoin network and verifies transactions. We, miners, are boring data processors. That’s it, that is what we do. In order to make mining profitable, you want to keep your costs low. So if you are a cloud mining company and you’re spending money on advertising, marketing, and nice offices, guess what? That means your mining profits will have to cover those expenses, and when you take a cloud mining company like Genesis, who does a lot of marketing and…
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Basically, there has always been a fight for control in the crypto mining world. Mining equipment manufacturers like Bitmain are currently able to control the crypto landscape as they wish since they equally control who gets what mining equipment, when and at what cost. The general feeling has been that the rich get richer while amassing more control over the Blockchains as eventual centralization of the networks is realized.
Considering the engineering cost of coming up with an ASIC miner, and the fact that ASIC miners are more powerful that GPU and CPU miners (that mostly belong to hobbyist), companies like Bitmain are able to niche down the manufacturing of ASIC miners and even set up their own mining operations with equipment at low production cost. It is this unfair advantage that leads to an uproar whenever a new ASIC mining machine is…
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