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Meet Top 10 Teams at Xunlei Blockchain Applications Global Challenge

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Chinese tech company and ever-growing blockchain player Xunlei has announced the top ten teams competing in a global event. Ten teams from the US and China have been shortlisted in the Xunlei’s 2018 Blockchain Applications Global Challenge. The selected projects cover multiple sectors and application scenarios, including social network, healthcare, public welfare, sports, product identification and information verification

This year, the Blockchain Challenge saw a massive turnout of 2000 participants with education background from top universities around the world including the University of California, University of Alberta, Hong Kong Polytechnic University, Peking University, Renmin University of China and Zhejiang University. By closing, submissions have seen more than 500 applications ranging from gaming to sports and IP protection to healthcare in the forms of Java, PHP, Android, WinForms, Go, Solidity, H5, js, HTML, web3js.

BOOSTO is the American representation who is creating an influencer driven decentralized app store.  They set out to tear down the current ecosystem in which online content creators and influencers are beholden to big-name advertisers and developers taking their desired cut, a problem that is familiar to content creators on platforms like Youtube. BOOSTO vows to return the power to content creators, by allowing the influencers to connect with developers building DApps in order to facilitate the type of interactions befitting their respective communities. The open ecosystem will provide the transparency necessary for developers, advertisers, content creators, and consumers to benefit off of a fairer revenue share.

Another team wrestling for the winning title is Love Medical Team- they are creating a blockchain application to bring back trust and transparency to the doctor-patient relationship. The application registers physicians’ professional qualifications on the blockchain. It also protects the IPR of medical works and safeguards them in a traceable and falsification-proof manner by hosting key information, such as their timestamps, content hash, authors on the blockchain.

Share Chain+, the blockchain application team at VIP.com is also shortlisted in the competition. VIP.com is a leading online discount retailer for brands in China. The team deals with the integration of blockchain in e-commerce, more precisely in the tracking and tracing of brand products from “farm to table”. By establishing a tamper-proof traceability chain from provenance to market, businesses are thus able to offer transparency and instill confidence all around. Another team has entered with a similar idea to trace Turquoise stones back to the mines. Their project will prove especially popular in a time when people actively seek out conflict-free stones in a market flooded with fakes, controversies, and scams.

Startups and professional developers are not only competing at the event as an opportunity for technical exchange but also a chance to access blockchain resources powered by Xunlei’s technology and user base. Together, the teams have been invited to develop decentralized apps on ThunderChain, a high-performance blockchain platform boasting the ability to concurrently conduct millions of transactions per second. According to one participant who works at a supply chain company,

“Thunderchain is a highly efficient blockchain platform. We wish to institute a supply chain coalition via Thunderchain, thus solving financing dilemmas of small to medium enterprises and enabling interaction and learning with professionals.”

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.

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How Cryptocurrencies Will Change Online Gambling in the Future

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Anyone who has followed online gambling since the beginning can tell you that things don’t stay the same for long. One of the reasons for this is that technology improves at such a ridiculously fast pace, and innovators in this industry are able to match up with those technological changes pretty quickly.

An innovation in technology that the Internet gambling industry has really learned from is cryptocurrency, with bitcoin in particular leading the way. We’ve seen it emerge as an alternative banking method, but it’s going to change the industry as a whole in ways that people can’t quite understand yet.

A Post-Legality Era

Something that has eluded online gambling since its inception is the idea of a global governing body. As it stands right now, each individual country (and smaller units of jurisdiction) have their own governing bodies that oversee in the industry. A lot of these laws are tied to banking laws, and that’s where the legality of playing in bitcoin casinos becomes such an interesting topic.

In the present, we’re seeing country-based regulatory bodies from places like Malta, Gibraltar and the United Kingdom start to work together and recognize each other’s licenses more and more. That’s taking serious steps towards having a global governing entity, and once that happens, the role of bitcoin is going to be even larger than it is now because it’ll…

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VOLUM (VLM) Announces Commencement of Token Generation Event

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ESTONIA, May 4, 2019 – VOLUM (the “Company”), a multi-dimensional blockchain technology holding company, is thrilled to announce the commencement of the Volum (VLM) Token Generation Event (“TGE”) beginning on Saturday, May 4. The VLM utility token is the native cryptocurrency powering the VOLUM supply chain and logistics management platform.

Driven by algorithmically intelligent software tailored to logistics and supply chain management, along with Internet-of-Things (“IoT”) integrated functionality, and a backbone of hybrid public and consortium blockchain architecture, the platform is organized around the Volum (VLM) token. The VOLUM TGE will be managed by deploying ERC20 tokens on Ethereum Mainnet to maximize future access to cryptocurrency exchanges.

The VOLUM platform operates as a comprehensive control center for supply chain and logistics management operations. Companies who use this platform will be able to carry out a wide range of blockchain transactions including: Payments, Rewards, Purchase Orders, Legal Contracts, Regulatory Compliance, Taxation, Shipment Management, Letters of Origin, Customs Documents, Inputs/Outputs and Inventory Ordering, Delivery/Parcel Tracking, IoT Monitoring and Reporting, Big Data Analytics, and Inputs and End-Product Tracking/Traceability.

“The total addressable market for a blockchain-based supply chain solution is nearly $54 trillion globally, with the majority of the world’s workers playing some part of this equation” noted Arnaldo A. Detrés, CEO of Bengala Technologies, LLC, the principle blockchain developer working to build the VOLUM platform. “However, blockchain solutions have been unable to…

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How to Secure Yourself in Relation to Bitcoin: Top VPN Services

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Nowadays, more frequently people opt to use cryptocurrency such as Bitcoin while dealing with financial transactions for its convenience, so its increasing prevalence isn’t round-of-the-mill phenomenon but still, its users need to create fully protected cooltechzone to secure their data.

Recently, a great abundance of VPNs have started to accept it as a way of payment and it definitely makes sense: one buys VPN to retain anonymity on the Web, so why not to use the privacy-focused payment method? Paying for a VPN service with Bitcoins or any other cryptocurrency secures personal data from curious eyes leaving no traces.

What is a VPN?

Virtual Private Network (VPN) is generally presented by the group of linked to each other computers via the Internet. VPN boosts protection and provides a high level of anonymity to all types of Internet connections.

Security

While the connection to the ordinary Wi-Fi networks, a user usually gets access to the Internet directly, thus he becomes vulnerable to the hackers and the malware attempting to steal his personal data. On the other hand, applying VPN one transmits and gets data in encrypted form which makes it protected.

Anonymity

Generally, isn’t hard to trace an Ip-address of any user and to identify his location with sufficient accuracy. With the help of VPN, the attacker will only get the address of the removed computer. Undoubtedly, the safeguard…

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