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Global Enterprise Blockchain Adoption Gears Up With Release of REMME Testnet

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Distributed Public Key Infrastructure (PKId) protocol REMME has released its sidechain testnet demonstrating the strongest use case for enterprise blockchains

11 of September 2018: REMME, developer of the blockchain-based access management solutions, announced its sidechain testnet open for public testing by enterprise and developers. REMME testnet is giving businesses the taste of the benefits blockchain bestows in regards to security and transparency.

Since completing token sale this February, REMME development team has been focusing on perfecting its proprietary REMChain for distributed Identity and Access management (IAMd) and Public Key Infrastructure (PKId) requests. The release of sidechain testnet means REMME technology is ready for testing in a full-scale business environment.

Commenting on the milestone, REMME CEO Alex Momot admitted: “The interoperability of the public blockchain and sidechains brings the unique synergy to shape the future of enterprise adoption for the technology. The sidechains that we have developed enable businesses to store key (certificate) data in a decentralized manner, eliminating single points of failure and allowing for integration with the existing enterprise systems (ERP, CRM, Accounting software etc.), while public REMChain assures authenticity and high-level security protecting the data with strong consensus algorithm Proof-of-Service.
As a result, enterprises enjoy the multiple benefits of blockchain technology, still working within the framework they are accustomed to. We now look forward to demonstrating the efficiency and security of this system for storing keys (certificates) data as we introduce a community to sidechains.”

A pilot program receiving applications since October 2017 has attracted interest from almost 300 global enterprises seeking to trial REMME PKId protocol and passwordless authentication system. Applicants are ranged from small IT companies to fintech firm with more than 500M users and a telecom company with 640M customers. REMME now encourages the op-dev community to join and contribute to the open source REMME Distributed Public Key Infrastructure protocol further development and implementation.

The testnet version has a number of features including the REMchain block explorer for checking block and transaction status in real-time, REM tokens to perform operations within the testnet, REMChain node monitoring connected to five nodes all over the world, and REMME WebAuth demo application. The next phase of development to be introduced by Q4-2018 implies the public REMChain powered by a network of master-nodes operating under a custom Proof-of-Service consensus algorithm.

The culmination of intensive R&D by REMME development team, sidechains are the clearest sign to-date that distributed PKI and access management systems will be successfully adopted by businesses. Blockchain will act as a network of trust providing a viable alternative to the password-based systems.

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About REMME

REMME is an enterprise-grade distributed Public Key Infrastructure and Access Management platform that replaces traditional access approach based on passwords with digital certificates. It utilizes different PKI standards/protocols (e.g. SSL/TLS, x.509, etc) and blockchain technology to protect the entire channel from attack and to help IoT, financial infrastructure, MedTech, and blockchain companies address the problems associated with access security failings.

REMME Key components are: REMChain, REMME’s native public blockchain with a Proof-of-Service consensus algorithm, and decentralized applications (DApps) built on top of it and incentivized by REM token.

Visit the Website –remme.io

Join REMME’s community https://remme.io/community

Check out the REMME Medium page –https://medium.com/remme

Media contact:

Email: [email protected]

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A Guide to Exploring the Singaporean ETF market

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Singapore’s Exchange Traded Fund (ETF) market has grown, offering investors diverse investment opportunities and access to different asset classes. As the market evolves, investors must navigate these uncharted waters with a clear understanding of Singapore’s ETF landscape. This article explores the trends, challenges and strategies for navigating the Singapore ETF market. To start investing in ETFs, you can visit Saxo Capital Markets PTE.

The Singaporean ETF Market: Exponential Growth

The Singapore ETF market has seen significant growth in recent years, with an increasing number of ETFs covering a wide range of asset classes and holders. different investment topics. 

One of the notable trends in the Singapore ETF market is the growing diversity of available options. Investors can now choose from ETFs that track domestic and international stock indexes, bonds, commodities, and specialist sectors or themes. This diverse range of ETFs allows investors to create comprehensive portfolios tailored to their investment goals.

The growth of the ETF market in Singapore is also due to growing investor demand for low-cost, transparent, and accessible investment vehicles. ETFs offer benefits such as intraday liquidity, real-time pricing, and the ability to trade on exchanges. These characteristics have made ETFs attractive to retail and institutional investors who want exposure to different asset classes.

Regulatory Landscape and Investor Protection

The Monetary Authority of Singapore (MAS) is the…

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Property Loans for Foreigners in Singapore That You Must Know About

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property loans for foreigners in Singapore

Intending to invest in a residential or commercial property in Singapore?  

When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.  

In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.  

HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE? 

As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.  

In this sense, Singapore has the Loan to Value Ratio (LTV).  

The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:  

  • If you are applying for a bank loan, you can borrow a maximum of 75% of the value of the property you want to purchase. That means if you are looking for a property that costs $500.000, the maximum amount of money a bank lender can give you like a loan in Singapore is going to be $375.000. 
  • When you are applying for a loan with a Housing…
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CoinField Launches Sologenic Initial Exchange Offering

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Sologenic

CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform.  Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.   

Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play.  The desktop version is available for Windows and Mac.

“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited to KYC and fiat ON & OFF ramping,” said CoinField’s CEO…

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