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VOLUM uncorks its track and trace platform for global alcoholic beverage producer ISBG

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VOLUM onboards global wine and spirits producer, ISBG, to simplify its supply chain process with a track-and-trace platform that digitizes and reduces traditional paperwork

 

ESTONIA — March 2019 — VOLUM, the blockchain ecosystem for enterprises, is announcing that ISBG, a global producer of alcoholic beverages incubator, is partnering with VOLUM to implement its platform into its sales and distribution process. The VOLUM platform digitizes and simplifies both traditional paperwork and the supply chain process, using its operational smart contracts.

 

A supply chain can be a difficult process to track and trace. A comprehensive system of organizations, activities, information, and resources have to be accounted for, not to mention the overwhelming amount of paperwork. So, what’s a large corporation to do, if it truly wants to accelerate its supply chain while cutting back on paper waste? VOLUM has developed a blockchain framework that allows enterprises to convert traditional paperwork into a digital process while safeguarding all transactions and steps within a company’s supply chain.

 

VOLUM leverages blockchain technology with an ecosystem that is specifically designed for farmers, manufacturers, distributors, public utilities, governing agencies, financial institutions, and IoT data hosts. The VOLUM framework offers complete transparency and streamlined paperwork processing, which allows any enterprise or company incorporating the platform to conduct business securely while tracking and tracing data involved using smart contracts and blockchain validation. Enterprises working with VOLUM will be able to access each functionality from a single dashboard, which allows them to track and trace their business data, view smart contracts, and oversee any and all supply chain progress.

 

ISBG will incorporate the VOLUM platform into its supply chain process to distribute its alcoholic beverages, and distillery products to ensure simplified and reduced paperwork, that is also transacted safely and in a timely manner. Additionally, VOLUM has a number of portfolio companies confirmed for a trial period, including firms in bottle manufacturing, healthcare, construction, import and export, and two more liquor brands.

 

 

“At VOLUM we’ve created an entire ecosystem in which industries of any kind can execute a supply chain from beginning to end, while digitizing counteless procedures from one dashboard,” says Arnaldo Detrés, Co-Founder of VOLUM. “We’re extremely proud to onboard ISGB as our first portfolio company to successfully incorporate our technology into their system, and we look forward to helping them achieve optimal revenue and customer success.”

 

“ISBG is eager to incorporate VOLUM into our supply chain system and support its technology as a combined method of blockchain and enterprise innovation that will contribute to both customer and revenue growth,” says Alonzo Pierce, President and Chairman of ISBG. “We’re excited to experience this accelerated pace of paperwork processing, as well as the tracking and tracing of product distribution we execute internationally.”

 

VOLUM operates as a blockchain-based platform designed to support a wide variety of businesses and transaction types using a native token, VLM, which is required for access and use of the platform. The token pre-sale begins on March 8th, 2019 and will remain open for 45 days.

 

About Volum:

Volum was founded in 2018 to provide its clients and enterprises with the ability to do business securely, and track and trace the data involved in supply chain processing, using smart contracts and blockchain validation. VOLUM maximizes investment value and stability through its holding company structure, while also investing in portfolio companies that create long-term asset value.

 

Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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