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LBank Exchange Will List MyCreditChain (MCC) on March 2, 2022

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Internet City, Dubai–(Newsfile Corp. – February 28, 2022) – LBank Exchange, a global digital asset trading platform, will list MyCreditChain (MCC) on March 2, 2022. For all users of LBank Exchange, the MCC/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on March 2, 2022.

Figure 1: LBank Exchange Will List MyCreditChain (MCC) on March 2, 2022

The market for personal and credit data is growing explosively in today’s data-driven society. And yet, there are issues that need to be addressed on how the data is collected, processed and disseminated, and how its value is shared. To tackle these issues, MyCreditChain (MCC) is here to produce Trust Data, letting individuals have the full ownership and control over their data and get reward for the consent they provide for their data, while allowing corporations to get access to comprehensive and quality potential customer data and add value to the data by joining its ecosystem. Its native token MCC will be listed on LBank Exchange at 16:00 (UTC+8) on March 2, 2022, to further expand its global reach and help it achieve its vision.

Introducing MyCreditChain

MyCreditChain is a blockchain-based platform where an individual’s Trust Data is generated and monetized. It’s user consent platform enables a data subject to exercise the full ownership and control over their personal data. With this unique feature, an individual can easily manage their own data and receive fair compensation from the data consumer.

Trust Data produced by MyCreditChain provides a multi-dimensional depiction of an individual’s trustworthiness. It can be used in not only the financial sector, but in every industry that looks for a means to have a deeper understanding of customers’ social and economic value.

In addition to bringing value to individuals, corporations can get hands on massive potential consumer data in the MyCreditChain Ecosystem. The data provided within the ecosystem is in scope and depth unseen before because individuals are willing to reveal their own preferences, the most effective and wanted marketing tool for corporations, due to the MyCreditChain’s incentive mechanism.

The data handled in the MyCreditChain ecosystem will be encrypted and stored in a distributed database, being kept secure since there is no centralized platform to be hacked, and it is automatically deleted after the data is being used.

With blockchain technology and Trust Data, MyCreditChain will unlock the limitations of the centralized system and traditional credit rating models, and build a decentralized platform where revenue can be shared fairly and transparently, as well as a data-driven market that creates a win-win situation for every participant, including individual data providers, corporation data consumers, and 3rd parties such as data scraping technologies provider, big data analyst, credit bureau, etc.

About MCC Token

MCC token is a medium of exchange and incentive for economic activities within the MyCreditChain ecosystem. The tokens received by individual participants in exchange for information can be converted into cash through the exchange and thus have their own economic value. Individual participants can update their trust information by paying tokens to use affiliate services such as loans and financial instruments. The information buyer pays MCC to the individual to request data, and the tokens are shared between the MCC ecosystem participants and the individual.

MCC has a total supply of 1 billion (i.e. 1,000,000,000) tokens, 27% of it is provided for token sale, 23% will be used for ecosystem activation, 15% is allocated to the team, 7% is allocated to advisors, 10% is reserved for the purpose of the additional system upgrade and development, another 10% will be used for marketing, and the rest 8% is allocated to founders.

MCC will be listed on LBank Exchange at 16:00 (UTC+8) on March 2, 2022, investors who are interested in MyCreditChain investment can easily buy and sell MCC on LBank Exchange by then. The listing of MCC on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.

Learn More about MCC Token:

Official Website: https://www.mycreditchain.org
Telegram: https://t.me/mycreditchain
Twitter: https://twitter.com/mycreditchain
Facebook: https://www.facebook.com/mycreditchain
Whitepaper: https://www.mycreditchain.org/static/paper/20190902_Whitepaper_EN_V3.3.pdf

About LBank Exchange

LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now more than 210 regions around the world.

Start Trading Now: lbank.info

Community & Social Media:

l Telegram
l Twitter
l Facebook
l Linkedin

Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]

PR Contact:
ZEXPRWIRE
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/115077

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets

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Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.

The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.

Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.

As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.

Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.

Source: blockchain.news

The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.

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Blockchain

Existing Blockchains Can’t Adopt Post-Quantum Cryptography Without Significant User Impact, Says Johann Polecsak

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Johann Polecsak argues that existing blockchains face significant challenges in adopting post-quantum cryptography without causing substantial disruption to users. This assessment highlights the complex and multifaceted nature of transitioning to new cryptographic standards in blockchain networks.

Post-quantum cryptography refers to cryptographic algorithms that are resistant to attacks from quantum computers, which have the potential to break traditional cryptographic schemes. While post-quantum cryptography offers enhanced security, implementing it in existing blockchain networks poses technical, operational, and usability challenges.

Polecsak suggests that transitioning to post-quantum cryptography could require significant changes to blockchain protocols, consensus mechanisms, and user interfaces. These changes may disrupt existing workflows, require modifications to software and hardware infrastructure, and necessitate coordination among network participants.

Furthermore, Polecsak emphasizes the importance of ensuring backward compatibility and interoperability during the transition to post-quantum cryptography. This is crucial to prevent fragmentation of the blockchain ecosystem and maintain continuity for users and applications.

Polecsak’s assessment underscores the complexities and trade-offs involved in adopting post-quantum cryptography in existing blockchain networks. While the transition promises improved security against quantum threats, it requires careful planning, coordination, and investment to minimize disruption and ensure a smooth transition for users and stakeholders. As the field of post-quantum cryptography continues to evolve, blockchain projects will need to carefully evaluate their options and strategies for implementing these new cryptographic standards.

Source: news.bitcoin.com

The post Existing Blockchains Can’t Adopt Post-Quantum Cryptography Without Significant User Impact, Says Johann Polecsak appeared first on HIPTHER Alerts.

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Blockchain

Tech Trends Shaping Retail: From AI to Blockchain

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Various technology trends are discussed that are shaping the retail industry, from artificial intelligence (AI) to blockchain. These trends are driving significant changes in how retailers operate and engage with customers, offering new opportunities for innovation and growth.

Artificial intelligence (AI) is highlighted as a key technology trend that is revolutionizing various aspects of the retail industry. AI-powered solutions enable retailers to analyze vast amounts of data, personalize customer experiences, optimize supply chain operations, and enhance decision-making processes. From chatbots and virtual assistants to predictive analytics and recommendation engines, AI is enabling retailers to deliver more personalized and efficient services to their customers.

Blockchain technology is another trend shaping the retail industry, offering benefits such as enhanced transparency, security, and traceability in supply chains and transactions. By leveraging blockchain, retailers can improve inventory management, streamline payments, prevent counterfeit products, and enhance trust and accountability throughout the supply chain. Additionally, blockchain enables retailers to create decentralized marketplaces and loyalty programs, providing new opportunities for customer engagement and loyalty.

Other technology trends discussed in the article include augmented reality (AR) and virtual reality (VR), which are transforming the way consumers shop and interact with products online and in-store. By enabling immersive shopping experiences, AR and VR technologies allow retailers to showcase products more effectively, reduce returns, and increase customer engagement and satisfaction.

Technology trends such as AI, blockchain, AR, and VR are reshaping the retail landscape, driving innovation, and enabling retailers to meet the evolving needs and expectations of consumers in an increasingly digital world. As retailers continue to embrace these technologies, they are poised to unlock new opportunities for growth and differentiation in the competitive retail market.

Source: 365retail.co.uk

The post Tech Trends Shaping Retail: From AI to Blockchain appeared first on HIPTHER Alerts.

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