Partnership focuses on advancing OPEN Platform adoption on the global market through post-tokenization support
SANTA MONICA, CA – May 24, 2018– Element Group, the leading advisory firm in the fields of crypto-economics and digital assets, revealed today a new partnership with blockchain infrastructure provider OPEN Platform.
OPEN Platform, also known simply as OPEN, has developed the first decentralized payment platform for applications looking to incorporate cryptocurrencies as payment.
Element Group has already played a vital role in OPEN’s token sale process and assisted in establishing token economic structures. Moving forward, Element will be supporting OPEN to ensure the post-tokenization functionality of OPEN’s ecosystem.
Element’s current portfolio consists of several key projects in the blockchain space, including WAX, Enigma, Ripio, and others. OPEN’s blockchain agnostic platform, which allows for the acceptance of a wide ranging number of cryptocurrencies, fits well into the similarly revolutionary projects that Element supports.
Through their Scaffold system, OPEN provides an essential infrastructure that developers can utilize without prior knowledge of blockchain programming languages. Developers of all knowledge bases will be able to utilize OPEN and the barriers to entry for creating a decentralized application will be significantly reduced.
Element has also supported OPEN in strengthening its position in the APAC region. Element assisted in promoting the OPEN project to local developer communities and helped structure OPEN’s overall APAC strategy. OPEN recently returned from an Asia roadshow that garnered much attention thanks to Element’s mentorship.
Element historically provides support to technological platforms that bring innovation to blockchain-based markets and businesses. OPEN will join this elite selection of organically grown blockchain projects as Element helps them grow into world class organizations.
Element Group’s holistic service model lends support in the entirety of digital asset capital markets, including corporate finance, research, trading, and go-to-market strategy. Their unique synergy of management and advisory allows them to play an essential role in the growth of blockchain projects.
Element Group will join an already impressive list of backers for OPEN Platform including Danhua Capital, Draper Dragon, One Block, Jeremy Gardner, and others.
“OPEN Platform is working on solving a major pain point for applications interacting with blockchains – the reliable communication of onchain payments. This structural middleware is a key component to driving functional adoption of blockchains and abstracting the complexity for developers. We look forward to helping enable broader awareness and adoption through the Element network of partners.” said Stan Miroshnik, CEO of Element Group.
“We’re excited to have Element Group working closely alongside OPEN Platform. Their experience and expertise in the digital asset space will be an asset in helping us achieve wide scale support and adoption in the global market.” explained Ken Sangha, CEO of OPEN Platform.
As OPEN Platform continues to develop their footprint in the global blockchain scene, additional advisory and backing partnerships can be expected to be made.
About Element Group
Element Group is a full-service firm for the digital asset capital markets that delivers advisory, trading, treasury, technology, and asset management services in an integrative manner. Founded in 2017, Element is a leading advisor on token sale transactions with global, institutional reach. Element works globally with some of the industry’s leading projects, companies, and founders on cryptoeconomics, financing, and strategy. Element Digital Asset Management invests firm capital in digital assets, promising emerging protocols, and distributed application technologies. Element Digital Trading specializes in facilitating over-the-counter cryptocurrency transactions for institutional counterparties. Element Group offers securities in the U.S. through Tangent Capital Partners, LLC, a registered broker-dealer with the SEC and a member of FINRA and SIPC.
About OPEN Platform
As the only decentralized payment solution designed specifically for applications, OPEN Platform lets developers integrate cryptocurrency payments into their new and existing apps with a few short lines of code. With OPEN, developers can process in-app payments, subscriptions, and one-time purchases synchronizing data both on and off the blockchain. OPEN also recently announced OPEN Chain, an interoperable data transfer protocol built upon a high throughput blockchain necessary for mainstream cryptocurrency adoption. To stay up-to-date on OPEN Platform and learn more about the project, visit the official website.
Head of Communications
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.
FOTON Bank Is Launching An All-in-One Crypto Banking Service to Process up to 500 Transactions per Second
The decentralized FOTON project is launching its next-generation crypto-bank ecosystem to stimulate and facilitate the use of cryptocurrency payments worldwide, as stated in the official press release published by the company.
The statement issued by the FOTON project on December 3, referred to the launch of a decentralized crypto-bank designed for multi-currency transactions featuring a built-in fiat and cryptocurrency exchange system and instant contactless payments for goods and services worldwide. The system is intended to become a stable and flexible ecosystem that will enhance scalability for services related to financial assets, exchange solutions, cards, accounting, and business/customer services.
The technology being employed in the design of the ecosystem was specifically created to tackle some of the most critical issues facing the modern banking system, as well as the widespread adoption and application of cryptocurrencies in routine business transactions. The issues the FOTON project’s ecosystem seeks to solve include overregulation, bureaucracy, centralization, system faults, volatility, legal constraints and complications related to practical use.
“We are creating the ecosystem that will prove to be the impetus and basis the crypto market needs to make the effective transition to becoming the next global banking system,” as stated by Andrey Pashkevich, CEO and Co-founder of FOTON.
“The time to buy is when there’s blood on the streets” – Baron Rothschild
You have probably heard these stories, but let me explain why they are as important today as they were 100 years ago when first spoken. Not only that, it is just as relevant today. A bit of a background first.
Napoleon was at war with England. The Battle of Waterloo, it was England’s last chance to save itself, and remain as England. Baron Rothschild was standing at his post in the London stock exchange. If England wins, the market will rally, if Napoleon wins, it will go to shit. Baron Rothschild sends his private messenger to Waterloo and demands that he return to him and report who won the war.
His messenger does so and makes it in time before the public knows anything. England had won the Battle of Waterloo. At his stand on the exchange, what does Barron do? You would think buy up stocks right? Nope, Baron starts to sell, at first slowly, and then faster. The other brokers on the floor watch what Rothschild is doing and think “Baron knows something, we lost, start selling”. Now, the brokers on the exchange begin selling in a frenzy. In the midst of all this, Baron begins placing buy orders at the bottom of the market through other brokers who do not know…
Crypto Users’ Search For a Good Bitcoin Blender Stops With Bestmixer.IO
At first glance, it might seem easy to find a good bitcoin blender that guarantees your anonymity and is secure. There are after all a number of big bitcoin mixers on the market, so how different can their services really be?
If that’s what you’re thinking, beware. All bitcoin blenders claim to have anonymous transactions – that is after all the main reason why anyone would want to use these services. This claim was however always difficult to test. How does one go about to check if these promises are indeed true?
This was the case until BestMixer.io appeared on the scene. Unlike previous bitcoin anonymization services, BestMixer.io features complete, verifiable anonymization for bitcoin. Releasing a utility named the Coin Anonymization Event (CAE) check, BestMixer.io not only proved that their bitcoin transactions could not be traced, but also showed that those of their competition could be. With this bold move, BestMixer.io not only demonstrated that they are a good bitcoin blender, but one could argue that they are the best. Even though those services that were exposed as not being anonymous have in the meantime changed their systems to prevent the CAE-check from revealing transaction detail, would you really be happy to trust them again?
BestMixer.io mixes not only Bitcoin, but also other leading cryptocurrencies including Bitcoin cash, Ethereum, Litecoin and Bitcoin SV.
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