December 23, 2017 – Propy is delighted to announce that the alpha open version of its real estate transaction tool is now up and running. Propy, which believes that it is the first international real-estate marketplace in the world, leverages groundbreaking blockchain technology to solve many of the problems relating to purchasing property across borders. It allows users to purchase property online, and is an excellent outlet for quickly transferring bitcoin wealth into hard assets. The advent of Propy is great news for the crypto millionaires, crypto traders, and blockchain application enthusiasts looking for a platform that will provides real benefits to them by making it easier to diversify investment through real estate purchase. In addition to increasing real estate turnover by reducing the execution time, it will also minimize the risk of dishonest recordkeeping in mortgage processing significantly. No wonder Propy has already been touted by various advocates as the Amazon of real estate. Propy initially includes blockchain hashes of the deals into title deeds for recording in official land registries and then offers land registries to replace their databases with the decentralized Propy blockchain registry. The Propy team envisions that, ultimately, the Propy Registry will be adopted by many jurisdictions as an official ledger of record. The execution of each purchase on Propy will involve the use of PRO tokens to unlock smart contracts. Some key attributes of Propy include: Facilitates cross-border payments for users and assists with their documentation Allows users to search for properties and brokers in global cities in their native language. Also, provides broad information about neighborhoods, such as walkability, air- and noise-pollution and green building certifications. Integrates a blockchain ledger for governments to enable title deed issuance for properties instantly online, in a secure and cost-effective manner. Propy recently entered into a Memorandum of Understanding with the government of Ukraine and completed a transaction in which a property in Ukraine’s capital Kiev was remotely transferred on-chain and across borders, which Propy believes is historic for the entire Ethereum community. With the launch of its new transaction tool, Propy will now make it possible to buy and sell properties in California for BTC by following a simple nine-step process. Payment in dollars will be available next year. Within its brief lifespan, Propy has already garnered the attention of top real estate experts. Expressing high expectations about the future of Propy, Andrew Baum, Chairman of the investment committee for CBRE stated, “It would be an enormous step forward if global real estate transactions were to be facilitated by a reliable, automated land registration and transfer system. Propy’s proposed use of blockchain might just offer the key that opens this door.” The trendsetting media BuzzFeed also mentioned Propy recently, describing it as one of emerging businesses capable of “bringing transparency and security” to real estate markets. Following the launch of its transaction tool, Propy is planning to start within the next week an education program for local brokers in California via demos and meet-ups. The company is also looking to start a comprehensive marketing campaign aimed at attracting actual home buyers. The team is currently working on a marketing plan that will be made public in January 2018. A substantial scaling of transactions is expected to take place in the first quarter of 2018. Propy is inviting all buyers or sellers of homes (in cryptocurrencies) to contact them via Telegram & Reddit. To find out more about the world’s first international real-estate marketplace, please visit http://propy.com/ About Propy Propy is the world’s first international real-estate marketplace. The team at Propy.com facilitates connections between international entities to enable the seamless purchase of international real estate online for the first time. It aims to solve the problems facing international real estate transactions by creating a novel unified property store and asset transfer platform for the global real estate industry. The post Propy’s New Launch: It Is Now Possible to Buy Properties in the US for Bitcoin appeared first on NEWSBTC.
The post South Korea Pushes Monero and Ripple Price Up While Other Cryptocurrencies Fall appeared first on CCN The Monero and Ripple price has surged over the past 24 hours, while other cryptocurrencies including bitcoin and Ethereum fell by around 5 percent. Extreme Premiums Investors in the South Korean cryptocurrency market are driving the price of Ripple and Monero up, given that nearly every cryptocurrency in the local market are being traded with The post South Korea Pushes Monero and Ripple Price Up While Other Cryptocurrencies Fall appeared first on CCN
Whether you received a new iPhone for the holidays or you just want to breathe new life into an older one, these are the apps you need.
According to Business Insider, Ari Paul, the chief information officer and co-founder of cryptocurrency hedge fund Blocktower, has purchased $1 million worth of options that offers a 30-fold payout if the bitcoin price hits $50,000 by the end of 2018, on behalf of Blocktower. “On Wednesday, an unidentified entity made a $1 million bet on bitcoin trading above $50,000 by next December. The cryptocurrency hedge fund BlockTower Capital was behind the bet, people familiar with the matter told Business Insider.” Blocktower’s $1 Million Bet Immediately after the initial report on the $1 million bet placed on LedgerX by the Wall Street Journal, Paul tweeted: I wonder who bought these? 😉 https://t.co/gIXFW0d0hm — Ari Paul (@AriDavidPaul) December 21, 2017 At the time, prior to the disclosure of the investors behind the call, LedgerX CEO Paul Chou hinted that an institution has made the call, not an individual. “Without a doubt, there are institutions out there that are looking at these types of trades or have done these types of trades. It’s not an individual, let’s put it that way.” In an interview with CNBC’s Fast Money, Paul explained that the option contracts Blocktower has purchased expire if the price of bitcoin fails to reach $50,000 by the end of 2018. But, if it does, it pays out the firm on a 30 to 1 odds. Hence, a $1 million bet on the LedgerX options platform on the price of bitcoin achieving $50,000 would generate Blocktower a $29 million in profit. The option contracts Blocktower purchased expire by the end of 2018, but are available for cash in anytime throughout the year. If the price of bitcoin surpasses $50,000 earlier than December, the contracts can be cashed in. The man who bet $1M that #bitcoin could hit $50K by the end of the next year breaks down his call @AriDavidPaul pic.twitter.com/Xj3R0Eqfuz — CNBC’s Fast Money (@CNBCFastMoney) December 26, 2017 “This call costs $3,600. If bitcoin settles anywhere below $50,000 next year, it will expire worthless. But if bitcoin goes to $100,000, it pays 30 to 1 [30-fold]. Bitcoin is volatile. This is a hyper volatile asset. Bitcoin is up more than 1,400 percent this year. It also falls 30 percent almost every other month. These calls are a bet that if its volatile to the upside we can easily see over $50,000 next year,” Paul explained. Why are Investors so Optimistic? If the price of bitcoin reaches $50,000, it would place its market valuation at over $1 trillion. Given that the market cap of gold is at around $8 billion, it would elevate bitcoin to an optimal position to challenge gold to evolve into the world’s premier store of value and currency. Investors are highly optimistic in the price trend of bitcoin because of the exponential increase in its adoption. In 2017 alone, some of the global market’s largest financial institutions including the New York Stock Exchange (NYSE), Chicago Board Options Exchange (Cboe), Nasdaq, Cantor Fitzgerald, Goldman Sachs, and JPMorgan have publicly expressed their support for bitcoin. Governments of leading bitcoin markets such as Japan, the US, and South Korea have implemented practical regulations to facilitate the growth of bitcoin businesses, instead of restricting it. Until the end of 2017, the price of bitcoin has been able to reach $15,000 without the entrance of institutional investors. With tens of billions of dollars in institutional money expected to flow into the bitcoin market, investors have become extremely confident in the growth trend of bitcoin in the long-term. The post Investor Ari Paul Bets $1 Million That Bitcoin Price Hits $50,000 by 2018 appeared first on NEWSBTC.
Privacy may be an issue with major blockchains today, but 2017 saw innovations by leaps and bounds, argues VC Arianna Simpson.
As the time ticks down until 2018, we have a few new debuts scheduled for this week. Netflix is coming out swinging, with a new season of Black Mirror, season two of its Bill Nye series, the third season of Lovesick (fka Scrotal Recall) and new comed...
By shopping.fm For some, the most exciting day of the year, for those that work in shops one of the most dreaded, Black Friday certainly is an exciting day. People take to...
The pilot program is being tested in the Chinese city of Guangzhou before its nationwide rollout next month.
On PlayStation 4, gamers with PS Plus can kick off 2018 with the action role-playing game Deus Ex: Mankind Divided and the graphic adventure title Batman: The Telltale Series.
CLOAK is one of the few strongly privacy driven cryptocurrencies out there. And privacy is the last human right we have forgotten to fight for. CLOAK is also incredible, because it rewards every single coin holder that wishes to participate in maintaining the CLOAK transaction system called ENIGMA – something none of the top cryptocurrencies do for their users. Before the following description of CLOAK, in advance big news has to be announced. The source of ENIGMA will be open-source on 31st of December 2017. So everybody will be able to review the source code based on over three years hard work. Hard work pays off and hence CLOAK ticks all the boxes, when evaluating the long term sustainability of a cryptocurrency: Tight and active community Strong developer team Purpose of the project How well designed the project is At the time of writing, CLOAK is performing very well in coinmarketcap. When looking at the momentum it has gained since the start of December – the price has tripled this month. It’s especially impressive how well CLOAK is trading against Bitcoin, something that few altcoins can say after Bitcoin’s dramatic December surge of over 7000$. And there are good reasons for that. Let’s compare CLOAK to other big cryptos on the scene right now. CLOAK has a low circulating supply compared to others Let’s imagine that CLOAK is as popular as Bitcoin and attracts the same investment. CLOAK’s hard cap of 5+ million means every single CLOAK would be worth 3 times more than Bitcoin, which has a circulating supply of 16.5 million. 2018 is predicted to be the year of Altcoins. In 2017, Bitcoin has already given a large chunk of its hegemony in the total cryptocurrency market cap away. CLOAK should do well to seize a sizeable portion of this, once it’s noticed. CLOAK uses PoS instead of PoW The cryptocurrencies dominating the top of coinmarketcap all use the Proof of Work algorithm. But investment that goes into sustaining PoW coins devalues over time, because PoW coins require expensive hardware and a lot of computational power. As such, control of PoW networks also tends to centralise into the hands of a few. CLOAK uses Proof of Stake, where consensus in CLOAK can be reached based solely on the amount of coins in staked wallets. CLOAK is environmentally sustainable compared to others PoS integrates the security and running of the blockchain into the coins instead of separate mining equipment. It therefore saves not just on hardware, but also electricity, making it much more environmentally friendly. CLOAK rewards all its coin holders To motivate coin holders to stake their coins into the service of the blockchain, CLOAK uses PoS without Master Nodes. As a result, CLOAK is able to reward all of its coin holders with 6% on their holdings per year. Which investment yields a 6% return annually? None! There are even more gains, if your wallet secures Enigma transactions. The 1.8% charge taken from using Enigma’s extra layer of anonymity is divided among all participating nodes (wallets). CLOAK offers true decentralization and anonymity to its users Increased regulation is inevitable as cryptocurrency adoption becomes more widespread. Many are concerned regulation could stifle the libertarian aspects of cryptocurrency. Anonymity for its users has never been a priority for Bitcoin in its quest for ubiquity. But CLOAK is a cryptocurrency designed to facilitate private, secure and untraceable transfers by using Enigma, a secure and decentralized, off-blockchain mixing service. By using PoS without Master Nodes, CLOAK also achieves a wide spread of power across the blockchain, bringing true decentralization to its users. To conclude, ask yourself this: are the cryptos popular now the Googles of cryptocurrencies? Or are they the Netscapes? If they’re the Netscapes, where is the Google of cryptos sitting right now? CLOAK has been around since 2014, having 3 unrushed years to build up a solid and well-designed project. And in this time, the project has evolved, taking in lessons and keeping up with developments trending in cryptocurrencies. No wonder CLOAK is coming off so well and everybody is awaiting eagerly the open-source of ENIGMA on 31st of December 2017. The post Which privacy cryptocurrency is the most undervalued right now? appeared first on NEWSBTC.