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Blockchain

Reltime launches its revolutionary blockchain and ecosystem globally

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Reltime launched its revolutionary global decentralised financial (DeFi) ecosystem today, with over 10,000 people signing up on www.reltime.com.

To celebrate this milestone, Reltime organised a virtual Global Launch Party on Monday morning in the presence of CEO, founder and inventor Frode van der Laak and many of Reltime’s first movers.

Reltime is the first blockchain company to have created a unique global platform from scratch, including and offering borderless joint accounts to its users world-wide. Reltime has developed a next-generation, hybrid financial technology and DeFi ecosystem on top of its permissioned, PoA (Proof-of-Authority) blockchain.

Reltime’s personal and business users are able to benefit from highly-secure, transparent and fast transaction speeds of 2-3 seconds on average, utilising dApps, smart contracts and other Reltime features such as guaranteed, automatic collateral. Unlike many banking and fintech industry players, the company cuts out the middleman for all its financial services offered on the Reltime platform.

Commenting on the global launch, Frode van der Laak said: “We are excited to have launched our platform today, giving Reltime’s users the opportunity to be totally in charge of their own financial services within our ecosystem. Later this month, Reltime will roll-out its services in over 130 counties. Instead of using SWIFT and traditional lending platforms, Reltime is available 24/7/365, allowing personal and business users to interact and transact without any time constraints, and earn on interest).”

Reltime’s beta app for iOS and Android currently includes:

  • almost gas-free transaction fees;
  • very easy to send and receive funds to users’ phone contacts;
  • settlement time of between 2-3 seconds, on average;
  • Reltime users can offer loans to the Reltime marketplacewith collateral and limited lending risk;
  • peer-to-peer lending and borrowing, whereby users themselves are able to set their own terms, interest rate and collateral (with or without).
  • users having full control over Reltime’s services and with whom they wish to interact and communicate;
  • creating joint accounts between two or more users globally and being able to manage the accessibility of such accounts in relation to withdrawals and deposits;

Reltime has created a digital asset called RTO (Reltime Oxygen), which is a stable coin used within the ecosystem.

The firm has listed the RTC token, which plays an important role in Reltime’s ecosystem operation. Benefits for RTC owners include:

  • by holding the token, owners can benefit from an Interest reduction if they borrow from anyone within the Reltime ecosystem;
  • receiving dividends on ecosystem earnings, such as transaction and gas fees, interest payments, business-to-business and openAPI services as well as other future revenues.

During Reltime’s Global Launch Party, Reltime’s CEO announced two additional RTC listings, on P2PB2B and INDOEX. Reltime has already been listed on BitMart and CoinTiger since November and December 2021, respectively. The company successfully carried out an initial exchange offering (IEO) in October 2021 on BitMart.

Each and every newly-registered Reltime user will receive a welcoming reward of RTC 1,000. In addition, Reltime offers a RTC 500 referral reward to users for signing up their friends and family.

Reltime for developers

Reltime’s OpenAPI can be used by developers to build their own dApps on top of the Reltime blockchain.Additional features and services will be introduced later this year, such as:

  • the Reltime biometric payment card (anticipated in the third quarter 2022);
  • launching digital financial services for several metaverse platforms (anticipated in the fourth quarter 2022);
  • DeFi FX exchange, Reltime’s swap service (a truly cost-reducing micro exchange between different digital assets);
  • a NFT marketplace as well as a number of other dApps on the Reltime blockchain; and
  • Whitelabelling of Reltime’s applications.

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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