Fight to Fame BMS has successfully signed a contract with BKEX, one of the top crypto exchanges in the world. BKEX is designated as the world ‘s first exchange to launch FF Tokens, and it is a highlight in the global cryptocurrency industry. This has caused many investment institutions in the global cryptocurrency industry to pay close attention to the cooperation between Fight to Fame BMS and BKEX.
BKEX, with a daily transaction volume reaching 1.8 billion U.S. dollars, is currently the world’s first digital asset trading platform based on community consensus, which perfectly combines the high performance of a centralized exchange and the high reliability of a decentralized public chain, providing 85 types of digital currency trading services such as BTC, ETH, EOS, NEO to the world. Relying on the BKEX public chain, digital asset security storage, project crowdfunding, and asset issuance can be realised. At present, there are nearly 100 high-quality currencies traded on BKEX. Coin currency transactions, C2C transactions, mortgage lending, currency deposits and interest deposits, and current currency deposits have been opened; options, leverage, contracts and other functions will also be launched soon.
Fight to Fame BMS recently launched their first Asian office in Seoul, South Korea. They have continued to work with top companies in the region while also developing in Peru, Mexico, South Africa, Thailand, the Middle East, Vietnam, Myanmar, Australia and more than 10 other countries and regions. Fight to Fame is bringing sports players registration, competitions, decentralized voting mechanism using blockchain technology, and an action star reality show to help improve the relationship between fans and events and movies.
Fight to Fame BMS FF tokens, which will be used for their action star reality show, are limited for pre-sale in the mentioned countries and regions above. Over a period of months in some countries and regions, the price has grown by 133% in the over-the-counter market before it was even listed on a public exchange. This is one of the fastest growing cryptocurrencies in the global cryptocurrency market with a wide distribution range, a strong cooperation model and powerful manifestation of value space.
Fight To Fame is an innovation based on blockchain technology and cryptocurrency creating the world’s first blockchain + sports + film business profit model, which is expected to set standards for films and events on a global scale. Thus, Fight to Fame aims to innovative interactive relations between athletes, movie producers and fans. The Fight to Fame BMS action star reality show FF token was issued and has been enthusiastically supported and actively held by investors from more than 50 countries and regions before being listed on an exchange. Now, with the exclusive deal with BKEX, one of the top crypto exchanges in the market, many more people have direct access to holding the FF Token.
SOURCE Fight to Fame
Paytah Supports Global Growth Strategy
Considered as one of the top payment service providers in Europe, Paytah
Payment Solutions (PAYTAH), which uses cutting edge financial technology applications, is also the first finance institution to offer IBAN (International Bank Account Numbers) running on blockchain.
A participant of the European Payment Council, this user-friendly and cost-effective banking service alternative is one of the first crypto-friendly payment service providers. Its services include instant transfers within Paytah accounts, Euro transfers to external accounts via SEPA, Euro deposits through SEPA, International wire and credit card transactions, private encrypted messaging between client/Paytah or client/client.
Designed to ensure payment safety, product quality and data integrity throughout the life cycle of a regulated product, the personalized IBANs and SEPA help facilitate the process of opening a business or individual account less the bureaucracy, thus, a much faster service. This brings Paytah at the forefront of financial innovation and continues to help in the growth of the company.
Paytah Founder and Chairman Marco Lavanna, who has successfully steered the company since late 2018, affirms that “Paytah provides true agility and responsiveness towards the market. We give first class customer experience while transactions are faster, more affordable, and highly safe. We are fully compliant with the European Payment Council, as we have proudly launched the Paytah Wallet, a wallet account application, meticulously developed to be seamless and user-friendly.”
Paytah is committed to finding solutions to challenges in the online finance sector as it expedites growth for companies and individuals.
SOURCE Paytah Payment Solutions
Riot Blockchain Outlines 2020 Strategic Priorities
Riot Blockchain, Inc. (NASDAQ: RIOT) (“Riot” or the “Company”), one of the few Nasdaq listed public cryptocurrency mining companies in the United States, has announced updated strategic priorities for 2020, including a more targeted focus on bitcoin mining.
Since 2017, Riot has concentrated on developing its cryptocurrency mining operations and investing in blockchain-focused technologies. Historically, the Company has produced newly minted bitcoin (BTC), bitcoin cash (BCH), and litecoin (LTC). In line with the initial strategic objectives, Riot also invested in several companies and internal initiatives with the intent of building and supporting blockchain technologies. Going forward, Riot reinforces its confidence in bitcoin by focusing on bitcoin mining and pursuing opportunities more directly related to bitcoin mining.
Cryptocurrency Mining: Riot recently completed a full network upgrade at its Oklahoma City mining facility with the objective to increase operational efficiency and performance. As previously mentioned in a press release issued on February 11, 2020, Riot procured 4,000 S17 miners from Bitmain during December 2019. As of mid-February, the deployment of 4,000 S17s was completed at the Oklahoma City mining facility resulting an overall hashrate of 240 petahash per second (“Ph/s”), consuming approximately 12 megawatts of energy.
The Company plans to provide updates on monthly production levels, commencing with a report shortly after the February 2020 production totals are reconciled. Such production updates are anticipated to continue for at least three months.
Strategic Partnership: To assist the Company in evaluating its strategic growth opportunities, Riot has engaged XMS Capital Partners. Headquartered in Chicago, XMS is an independent global financial services firm with expertise in M&A and strategic advisory. XMS will help Riot navigate the dynamic bitcoin landscape and advise the Company on potential strategic transactions in bitcoin mining related operations. The Company does not have a defined timeline for any transaction and cannot provide any assurance whether or when a transaction will may be announced or consummated.
RiotX Exchange: In order to concentrate its focus on cryptocurrency mining, Riot has opted to sunset further development of Riot’s U.S.-based digital currency exchange, known as the RiotX Exchange (“RiotX”), originally initiated in early 2018. Riot considered a number of factors when evaluating the RiotX decision including, but not limited to, the evolving regulatory environment, cybersecurity risks, and the current competitive landscape facing U.S. based cryptocurrency exchanges. Riot is considering opportunities to divest the limited assets associated with the RiotX in the best interest of the Company and its stockholders.
SOURCE Riot Blockchain, Inc.
Centotrenta Servicing redefines credit securitization management with IBM Blockchain Platform
IBM (NYSE: IBM) and Centotrenta Servicing announce the HyperMast STS platform, an end to end credit securitization management platform based on IBM blockchain technology designed to address financial sector requirements for their clients including data quality, process security, flow traceability, and the reduction of processing time and paper-based processes.
Centotrenta Servicing S.p.A, an Italian financial services company, currently manages approximately 200 securitization transactions per year in Italy with a combined value of 15.6 billion euros. As a servicer, Centotrenta Servicing is responsible for servicing the portfolio, collecting the receivables, providing cash and payment services, and monitoring the compliance of the securitization transaction with applicable laws and the prospectus.
Starting February 2020, the HyperMast STS platform project enters a phase of industrialization, and additional network participants including paying agents, originators, servicers, intermediaries, credit institutions and investors, law firms and technology companies are encouraged to join.
The HyperMast STS platform aims to provide the financial market with a tool to connect the entire ecosystem, made up of originators, servicers, intermediaries, credit institutions and investors –and allow them to interact in the different phases of the securitization operation in a transparent, secure and traceable way.
Based on Distributed Ledger Technology (DLT), HyperMast STS offers real advantages for the stakeholders of the operations, providing them with a greater level of interaction between them, a greater sharing of processes and, greater confidence in the processes and degree of guarantee of the financial assets.
In addition to the technology partners IBM and Blockchain Reply, Reply Group companies specialized in innovative projects based on DLT technology, they are part of the ecosystem led by Centotrenta Servicing and including BNP Paribas Securities Services as account and paying agent bank, other banks, advisors and prestigious law firms.
The choice of the IBM Blockchain Platform was due to its robustness and reliability, and its capabilities when creating DLT permissioned environments, combining efficiency, operational versatility with a hybrid cloud model, and data privacy control.
The platform addresses the core processes in securitization operations such as forming and signing the initial contracts (block sale), and the contracts underlying the securities issuance activities (block issue), and the definition of a “smart contract”.
The prototype was completed in November 2019 and addressed several key issues, such as possible ways of interfacing with the Bank of Italy systems (Infostat, FE129), issues related to security and user profiling, data protection management and digital signature mechanisms that allow the various actors to sign the HyperMast STS platform regulations and perform onboarding according to their role.
Blockchain11 months ago
XWallet crosses 100,000 registered users
Blockchain8 months ago
How hard is it for businesses to comply with VAT/GST obligations around the world? In which countries is it optimized?
Latest News7 months ago
nCino Acquires Visible Equity to Drive Deeper Insights, Compliance and Advanced Analytics for the Financial Services Industry
Latest News10 months ago
Discovery 2019 to feature 5G networks, autonomous vehicles, robotics, ag-tech and many more leading-edge Ontario innovations
Latest News6 months ago
Xpeng Motors kicks off G3 2020 Edition EV delivery at Chengdu Motor Show
Latest News9 months ago
CEO-CMO Summit Vietnam 2019 will take place on May 31
Latest News6 months ago
Akamai Recognized as a Leader in the IDC MarketScape: Worldwide Commercial CDN 2019 Vendor Assessment
Latest News8 months ago
Mogo Finance Technology and Difference Capital Announce Completion of Business Combination and Formation of Mogo Inc.