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Meet Top 10 Teams at Xunlei Blockchain Applications Global Challenge

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Xunlei

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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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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Many of the Top Sports Betting Websites for 2020 Can Be Found On Boomtown’s Best Betting Page

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Sports betting is one of the widely known types of online gambling. With a large number of sports fans around the world, this type of gambling is one of the most sought after. The problem usually comes from when gamblers try to find the best sites out of the many available ones. Many new sports betting sites come up daily, thus making the selection process even harder. One of the best places to find top betting websites for sports is Boomtown Bingo. This platform doesn’t just give users the best online casino games websites, but they also cover sports betting. As such, boomtown bingo remains a one-stop-shop for everyone who needs the best and the latest online gambling and gaming sites for all types of devices.

Performance

The performance of any website is critical. Users need to find their way around the site easily, and that can be made possible with the site structure and arrangement. Loading time is also essential. A website that always hangs thus pushing the user to refresh every time is no good. These are some of the factors that Boomtown Bingo looks into when selecting the best sites for its users. You can be sure that the new sports betting websites listed on Boomtown’s platform have faster loading time, can be used easily by everyone, including those who are trying this betting for the first time.…

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