Praised as being one of the most innovative technological developments of this decade, blockchain technology still struggles to become widely accepted by mainstream society. Even though we have an endless supply of blockchain projects exploring ways to integrate its services into sectors like business, data management, and finance, few are met with overwhelming support.
One of the main reasons why we have a yet to reach large-scale blockchain adoption is because many of the projects are operating on poorly designed business models. The average project either offers no practical value in contemporary society or it cannot be practically integrated or adopted using current tech platforms.
Many of these blockchain projects simply don’t make an effort to appeal to the general public. White papers are filled with technical jargon that’s difficult for the average person to understand and marketing campaigns are only targeting specific niches of the tech market.
Blockchain Technology Needs More Inclusivity
As of now, no blockchain project has successfully penetrated the mainstream market. The reason for this isn’t because of blockchain functionality, but because there has yet to be a platform that focuses on improving day-to-day operations like hailing a taxi, buying a cup of coffee, or connecting people through online dating apps.
SuchApp aims to be the first blockchain project that promises value outside of the tech and cryptocurrency sectors. By using the same strategy which helped the social media giant, Facebook, reach 500 million users after only six years, SuchApp is able to deliver a fully-functional blockchain app that appeals to everyone in the following ways:
- Giving government agencies an open channel of communication with citizens.
- Giving businesses a platform to connect with customers, implement powerful marketing campaigns, and process crypto and fiat transactions.
- Allowing friends and family to connect via VoIP, text, and video conferencing over a 5G network.
Similarly to Facebook, SuchApp is an all-inclusive platform that appeals to casual users and businesses alike. But SuchApp is more than just a social media outlet or messaging service. It’s an online ecosystem where friends, family, businesses, and customers converge.
Unlike Facebook, SuchApp creates an online marketplace where customers can spend cryptocurrency on goods and services, as well as transfer money to friends and family members from anywhere in the world. This makes SuchApp the first practical app to use blockchain technology in a practical sense that everyone can benefit from using.
How SuchApp Captures the Digital Market
More people are moving from traditional messaging services like emails and SMS and spending more time on messenger apps. One 2016 study broke down the amount of time average users spent a day on various messenger services. Here’s what we know:
- The average Kakao user spends 48 minutes using Kakao.
- Kik users spend 32 minutes.
- WeChat users spend 29 minutes.
- WhatsApp users spend 28 minutes.
While all of these platforms are great for sending and receiving messages, none of them were designed to meet the needs of businesses. SuchApp corners both of these markets by creating a platform for where business and personal communication intersect.
- Users are rewarded SPS tokens, SuchApp’s ERC20 cryptocurrency, for onboarding members.
- Large-scale investors can participate in the exclusive license program and benefit from 100% of in-country revenue generated by advertisements and premium group name purchases.
- Rural entrepreneurs in developing countries can implement an on-platform, borderless marketplace.
Even services like insurance policies can be purchased and managed directly through the SuchApp platform, making it easier for customers and insurance providers to interact.
Visit our website to learn more about SuchApp and our upcoming ICO.
Participants are encouraged to take advantage of our Exclusive License Program while there’s still time. Request admission today, as we only offer one license per country.
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.
Image courtesy of Christopher via Flickr
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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