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XULT – the new cryptocurrency exchange 
by ExchangeCoin (EXCC)

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The ExchangeCoin team just announced that they are working on a new cryptocurrency exchange – Xult. When completed they will be able to offer complex services featured on the exchange platform to crypto traders. The new exchange will be powered by their cryptocurrency – EXCC.

According to the information gathered from the ExchangeCoin team, during the past 3 months they have been working on the new centralised exchange – Xult. With the crypto exchanger – Xchange.me, a decentralized exchange (which was the primary purpose of founding the EXCC); the team will create a platform which features complex services for crypto traders. The Xult launch is planned for the Q4 2018.

It means that the ExchangeCoin (EXCC) will be truly utilitized:

  • The new decentralized exchange will operate based on EXCC, it will be built on the EXCC blockchain.
  • The coin will be used for exclusive services and to get privileges on the platform as well.
  • The EXCC coin will be also used as a trading pair for currencies listed on the platform.

It can be recalled that the EXCC blockchain was built as a dedicated solution using the Equihash algorithm, and it was recently made highly secure by implementing the PoW and PoS hybrid consensus.

The EXCC CEO, Sylwester Szczepanek in a statement said, “Work on the centralized exchange started a couple of months ago. We kept it secret as the market of exchange services is really competitive, and we want to make sure the project had reached an advanced stage of development before making an announcement. Now it is only a few months left before the launch so we can share this happy news,” he added, “Thanks to the excellent cooperation with both the IT company specializing in centralised exchanges and lean UX agency experienced in crypto solutions, we are going to launch Xult in the market in less than half a year.”

Read the whole announcement at the excc.co website >>

This is news which confirms the dynamic development achieved by the EXCC team yet again. Only three weeks ago they implemented the new version of the EXCC blockchain by performing the hard fork; it marked the establishment of higher blockchain security, thanks to the PoW and PoS consensus, the new wallet Exilibrium and the opportunities to stake and mine the EXCC coin. Based on these recent achievements, EXCC coin is now ASIC resistant. Two weeks ago the EXCC team announced the bounty program for Xchange.me in the Korean market. And this week it was revealed that the team had established strategic IT partnership with Pragmatic Coders – a highly reputable blockchain software house. Read the latest announcements at the excc.co website >>

Wiktor Głowacki, the EXCC CEO in a statement said, “The second quarter of 2018 marked a period of major changes in our project. We not only decided to extend our services by offering the centralized exchange, but also developed the business and marketing strategies, start the cooperation with external marketing, UX & design teams, and as we announced already, the cooperation with the blockchain software house. It accelerated our progress.” he continued by saying“What’s more, we are transparently communicating the changes, which are influencing our project, to our community and investors.”

The development plan for the EXCC team looks very promising:

  • Q3 2018:
    Beta testing of XULT – centralized exchange;
    Decentralized cryptocurrency exchange development;
  • Q4 2018:
    XULT – release of the centralized exchanger;
    The new version of the Xchange.me exchanger;
  • H1 2019:
    The first version of a truly decentralized exchange platform;

Complex platform of their exchange services fully implemented!

Have a look at the detailed roadmap at the excc.co website >>

The Exchange Coin (EXCC) was created in 2017 to provide finance in support of an idea to build a decentralized exchange platform. The platform was developed to offer services to semi-professional cryptocurrency traders. The ExchangeCoin is one of the rare cryptocurrencies with a value reflected in the features of real products. It is similar to the traditional market and stock exchange setting. You can find more information about the Exchange Coin by visiting www.excc.co

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The low volatility of Litecoin and Bitcoin on the spotlight

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Just like many other cryptocurrencies, Bitcoin, as well as Litecoin, currently sit in vitality as much as the market is concerned. Will Bitcoin and Litecoin recover as much as many have been speculating? Apparently, it is hard to tell how the investors will react to all these recent events.

When looking at the current trend of the volatility of Litecoin and bitcoin prices in US dollars, it is quite clear to note that there is a decrease in volatility. The price of bitcoin stands at $6,574 with a slight change (24h) of +0.06%. On the other hand, Litecoin is trading at $53.94 with a difference (24h) of -1.45% at the press time. Basically, at the moment there isn’t a significant downward movement between the two cryptocurrencies.

Spectators Never Fail to Give Reasons

As always many spectators will seek to give some reasons for the trends and some think that the downward move is just a manipulation by some small group so that they can outscore the stock market. Perhaps, it is a bear market, and with the volatility of the coins being technically low, it means it is cheaper, which is definitely better.

The Real Meaning

What the trends literally mean is that there is an accountable resistance with both Bitcoin and Litecoin contrary to the expectations of many who were anticipating at least some positive movement after the sharp market rise last week.

However, that doesn’t mean that…

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Ripple blockchain integration into DZ Bank Germany probably underway

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The online world of business is undeniably changing. But, have we seen its full extent yet? Perhaps the answer lies with the blockchain technology. Some studies point out that with blockchain (like Ripple, and of course, other similar ones like Stellar or the ones that might come to the party) integration by the banks, they will be able to realize significant savings.

The banks will enjoy cost reductions not only in their payment processing as well as reconciliation alongside compliance and treasury operations.

DZ Bank AG Considering Ripple Interledger Protocol

DZ Bank is one of the most talked after bank in Germany. It is the second largest bank in the country by asset size as well as the central institution. The bank functions as both a central institution as well as corporate and investment bank.

Concerning potential Ripple Interledger protocol integration, the bank has listed a couple of slides in their recent report “blockchain(s) and potential impacts on reconciliation.” It is not rocket science to what that may mean just because the protocol is all about cross-border transactions.

If at…

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Taking the Booming Cosplay Industry to the Next Level with Tokenization

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In the past couple of decades, some aspects of Japanese culture have begun to spread like wildfire through the rest of the world. Foremost among them is the fascinating and thought-provoking world of Japanese comics and animation.

At the same time, it’s become increasingly popular for fans to interact with each other and express their enthusiasm for manga and anime through cosplay, where people dress up as their favorite fictional characters or even create their own.

In fact, cosplay has grown to be a jaw-dropping $45 billion industry, with no signs of slowing down anytime soon. However, the industry and its participants aren’t without problems.

At the top of the list of issues holding the cosplay industry back are those associated with copyright and revenue sharing. As with most any global industry, there is inefficiency due to language barriers, different currencies, and varying regulatory guidelines for intellectual property.

So, how can blockchain technology help? There are a handful of answers to that question, actually. A few are:

  • An immutable blockchain can be used to store records such that there is no longer any doubt about a piece of content’s original creator.
  • A blockchain can securely store and track user’s digital IDs in order to discourage harassment and other nastiness that prevails on online media forums.
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