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David Cohen’s Advisory Position Underlines MeshBox’s Game-Changing Potential

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MeshBox is one of the most interesting blockchain companies in the world right now. The company just closed out an incredibly successful fundraising round, reaching a hard cap of 12,000 ETH in seconds at an oversubscription that saw capital volume to a multiple of more than six times the hard cap seek an exposure to the offering.

That’s a solid achievement and it’s one that really flags this company as one to watch in the space as things stand but, take a look what’s under the hood, and that the fundraising effort has been so popular is not particularly surprising.

MeshBox has designed and developed a technology that could solve the global problem of insufficient, unreliable or zero access to a reliable internet connection quickly and easily. This is a problem that behemoths like Facebook, Google and IBM have tried (and so far failed) to solve over the past decade or more and it’s one that could prove very lucrative for the company that finally cracks it.

With MeshBox’s technology, as supported by the company’s partner, SmartMesh, the technology of which serves as the layer on which the MeshBox hardware rests and relies, locations that currently have limited or no access to the internet can harness a mesh network to facilitate the connection, as well as to develop an internal, closed network that allows the transfer of data between connected devices. Blockchain integration facilitates the use of tokens as a means of payment for access to the network, access to content shared across the network, internet access and more.

This is all interesting and potentially game-changing in concept but concept isn’t what makes a company like this sell out on a $13.6 million (based on the 12,000 ETH hard cap mentioned above) fundraising in a matter of seconds.

Any great concept needs a great team behind it to ensure its success and MeshBox very much ticks this box. Harry Xiao is the founder and was an early investor in SmartMesh, 8BTC and a whole host of other successful blockchain projects. Henry Wang is an advisor to the company. He’s the guy that founded SmartMesh (prior to Xiao’s investment) and he’s also the President of the International Blockchain Application Federation, the Chairman of the AAMA Blockchain, and generally regarded a world leader in offline networking and social communications.

And the latest addition to this team is perhaps the most interesting.

MeshBox recently added blockchain incumbent David Cohen to its team of advisors.

Cohen is the Founder of Dcntral.ai, a game-changing autonomous machine economy software company, an Advisor to HashGraph, a data structure and consensus algorithm that has the potential to overcome some of the problems associated with development on the existing blockchain framework, and is a former member of IOTA.  Cohen built the first commercial software platform called GridAgents™ based on intelligent agent technologies and has been building smart software systems for over 25 years.  Cohen is also an integral part of the SmartMesh ecosystem, meaning his influence should be substantial as far as using the two technologies (the SmartMesh software and the MeshBox hardware) to tackle the above-stated aim of improving global connectivity is concerned.

Readers looking to find out more about SmartMesh can check out the company’s website here.

Anyone that’s interested in MeshBox can find the company’s White Paper here, or check out the team behind the technology at the company’s website here.

And here’s Cohen’s LinkedIn page.

We will be updating our subscribers as soon as we know more. For the latest on MeshBox, sign up below!

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.

Image courtesy of University of Maryland via Flickr

Bitcoin

Blockchain technology outshines Bitcoin and Gold during global pandemic

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As the popularity of cryptocurrencies such as Bitcoin begins to level up with investments made in metals such as Gold, together they have both made significant advantages for investors who have taken a leap to invest in them.

However, thanks to the pandemic and the dynamic shift in investing and the economy, many investors have seen fluctuating losses and gains thanks to the uncertainty of the current business world. 

Many investors that backed companies who have exposure to blockchain technology have seen an approximate amount of 54% return on investments over the past year. This is even after considering how hard the global tech market and companies have been hit since the beginning of the pandemic.

What is blockchain technology?

Blockchain technology was first introduced as a supportive technology for Bitcoin. A blockchain is a simple, unchangeable and un-hackable digital ledger that holds transactions in little blocks attached to a chain. The transaction is duplicated and distributed across the entire network of systems on the blockchain, making it available for everyone on the network to see. 

Each block in the chain contains various transactions which are recorded on the participant ledger every time a transaction takes place. The database is decentralised and is managed by multiple participants known as Distributed Ledger Technology (DLT).

Although blockchain technology was birthed from Bitcoin and was widely adopted for the use of cryptocurrencies, the way it works and its security has made…

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Bitcoin

Bitcoin Surges After Tesla Bought $1.5 Billion Worth of BTC

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Cryptocurrency

The sudden rise of Bitcoin has been connected to the decision taken by the Tesla electric car company to buy $1.5 billion worth of Bitcoin.

The company explained in a filing with the Securities and Exchange Commission (SEC) that it bought Bitcoin to diversify its cash returns and more flexibility.

Musk’s Tweets also impacted Dogecoin’s price

Tesla also added that it will start accepting Bitcoin payments for all its products, although this will be based on a limited basis and applicable laws. If the company concludes and starts accepting cryptocurrency, it will make it the first major car manufacturer to accept Bitcoin payments. The company’s founder and Chief Executive Officer Elon Musk has developed an interest in Bitcoin and cryptocurrencies.

He has been tweeting severally about the viability of the Dogecoin (DOGE), which doesn’t have an important market value attached to it.

Few hours after endorsing Dogecoin, the cryptocurrency rose by an impressive 50%. But regulatory authorities are still concerned about the risks in cryptocurrency investments, with several regulatory bodies warning traders and investors they could lose all their money from crypto investments.

But for Tesla, the company decides to diversify its funds and increased its cash returns. However, Tesla also warned investors about the volatility of Bitcoin’s price in its SEC filing. According to the SEC…

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Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.

NFTs are already being actively traded in markets globally. For…

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