Blockchain P2P Lending, Sending, and Spending: Etherecash Garners Support from over 40,000 Contributors During Pre-ICO

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Bitcoin Press Release: With more than 40 thousand contributors since the ICO Launch, November 15th, and an extraordinarily successful Pre-ICO in late October, Etherecash continue their strong run and look to burst into the Financial-Crypto market in the not-so-distant future.

November 29, 2017 – A little over three weeks are left in the Etherecash token sale and it’s been a fantastic run so far; the success they have seen comes after a big appearance at the World Blockchain Summit, Dubai, which was closely followed by a heated Pre-ICO.

The Etherecash bug is running rampage at a time where revolution is needed within the financial industry; the 2008 financial crash has opened a wide void of distrust across the world; there are over 2 billion people around the world who don’t have access to bank accounts or basic financial services, due to the current state of modern banking.

The Etherecash Journey

Etherecash has a real mission accompanied by a long-term strategy which is painstakingly designed to challenge and disrupt the already witless financial industry. And they’re not rushing it either; having begun in Q4 of 2016, Etherecash have come a long way to where they are now with the ICO in full swing, attracting attention from investors world-wide.

The Etherecash project will take new strides next year when they will expand the development team, begin alpha and beta testing of the platform, and prepare mobile apps for deployment. Finally, Etherecash will show the true test of their service, by commencing the alpha testing of their revolutionary multi-crypto debit card to prepare for final release.

Here’s why Etherecash has been the Number 1 ICO of 2017:

The platform is the remedy to the overly-complex and lengthy process of getting a traditional bank account, and will provide access to finances through a cryptocurrency-backed P2P (Peer-to-Peer) fiat currency loan marketplace. P2P loans are backed by the borrower’s own crypto-wealth allowing them to borrow up to 80% of their wallet’s value.

Additionally, global money transfers via the blockchain adds another layer of brilliance to the platform, blockchain technology has huge financial strengths with its instant, anonymous, secure and cheap money transfers.

On top of this, once the our crypto debit card is available, and users will be able to store multiple types of cryptocurrency on it, shop anywhere and everywhere as they please, even abroad.

The Etherecash Team

Etherecash envision themselves as a “bunch of strange individuals” with one thing in common: hating bank fees. Being backed by some of the greatest minds in the industry, from veteran stock trader Jacky Thanh Ly as CEO, former MMRM CEO Miguel Aguirre as COO, the reputable networking and security IT EngineerSilvan Gebhardt and faithful mentors who advise from positions and fields of Strategic Investment, Financial Advisors, Cryptocurrency Attorneys, Fintech Entrepreneurs, the list goes on…

“We’re going forward with bringing the future of banking to the masses and think the world should know just how proud we are”

Come along for the journey and take part in the ICO which is entering it’s third week.

About the ICO:

Based on the Ethereum standard token ERC20, purchasable with Bitcoin or Ethereum, the exciting ICO Launch began 15th November, 2017 – Ending December 19th, 2017.

With a supply of 360,000,000 Tokens and an ICO supply of 144,000,000, early adopters are welcomed with an incentivising ICO bonus structure:

Main ICO Bonus:
15th November – 15%
Week One – 12%
Week Two – 10%
Week Three – 5%
Week Four – 3%
Week Five – 0%

With Cryptocurrencies taking a hold and garnering major support in the financial industry, when will you make the transition to a fairer, more transparent and user-friendly solution to your money? Go online to find out more about Etherecash at http://etherecash.io

About Etherecash

Etherecash is a three prong financial platform enabling peer to peer lending, global money transfer and a crypto debit card, which allows it’s users to maximise the potential of their assets and leverage cryptocurrency to secure fiat loans. The platform uses lawyer-backed smart contracts and blockchain technology to offer full transparency and security for its users. The Etherecash platform is a complete ecosystem to bring speed, security and reliability in the way we lend, send and spend.

 Visit the Etherecash Official website – http://etherecash.io
Youtube Video by Etherecash COO: https://www.youtube.com/watch?v=urqek6AUzdM&
Find on Facebook – https://www.facebook.com/Etherecash-1875597305787865/
Follow on Twitter – https://twitter.com/Etherecash1
Google plus – https://plus.google.com/u/1/105307012881383936970

Media Contact
Contact Name: Jacky Thanh Ly- CEO, etherecash
Contact Email: [email protected]
Location: Harjumaa, Estonia

Etherecash is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest


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Cashaa Will Power Financial Transactions for the Zero-Code Blockchain App Development Environment

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London, UK, 29th November 2017,Cashaa, the blockchain-powered ‘Banking Platform for the Next Billion’ has today announced a strategic partnership with Metavine’s Crowd Machine to allow its zero-code decentralized app development platform to use Cashaa’s powerful financial technology, enabling mass adoption of the Cashaa wallet.

Through its strategic partnership with Crowd Machine, Cashaa has become part of the Crowd Consortium, a new group of major companies that plan to support development of blockchain applications on Crowd Machine. Cashaa join companies like General Electric, AON Hewitt, KONE, Anthem and Pacific Western Bank who are already leveraging this next generation dApp platform.

The partnership will not only allow coders and non-coders alike to take full advantage of building apps up to 45x faster than traditional development tools, but also place Cashaa’s integrated fintech services at their fingertips. Cashaa’s technology will power financial transactions within Metavine’s global Crowd Machine application platform, thereby making Cashaa’s wallet system available for integration with millions of apps and downloads. This will have the effect of placing enormous demand on CAS, the token that powers the platform.

Straightforward UX

Cashaa is creating a better bank, challenging legacy banking by building an app and products with input from its community of users. It’s blockchain-based platform enables its community to store, save, spend, receive, borrow and get insured, with a simplified user experience in a legally compliant way.

Currencies held in Cashaa wallets can be transferred cheaper and faster to any card, bank account or wallet in the world in local currency. The sender and the receiver can transact in the local currency and need no awareness of blockchain technology. A receiver can receive fiat money in their local bank account, credit or debit card and can walk to the ATM to withdraw cash instantly or spend as they wish.

Crowd Machine

Just as Cashaa offers unprecedented efficiency and financial inclusion to the unbanked billions, Metavine’s Crowd Machine democratises software development by enabling millions of people to create their own apps without coding expertise, via the Crowd App Studio. The app components they create in the Crowd App Studio can also be published in a Github-like repository called Crowd Share. Every time an app component is run, the app creator gets compensated.

Metavine’s Crowd Machine is currently being used by Fortune 500 companies, including Anthem and GE (Oil & Gas).The company will distribute its Crowd Virtual Machine (CVM) to a peer-to-peer network, leveraging unused computing resources in billions of devices around the world, via decentralized cloud.

Kumar Gaurav, CEO Cashaa said:

“As the financial technology partner in the Crowd Consortium, Cashaa will make available its payment services within the Crowd Share for app developers to use in their new apps through the Crowd App Studio. One of the main reasons we were keen to join the Crowd Consortium was to make our wallet and digital financial services apps building components available to the community to help bring decentralized global financial products to the masses.”

“Cashaa will be able to power cross border payment services for a number of applications from the app components they publish in Crowd Share, facilitating payments in fiat, Crowd Machine Tokens (CMT), or other supported digital tokens. This will allow the promise of blockchain technology and cryptocurrency to be delivered faster to the global community.,” added Craig Sproule, CEO Crowd Machine.

About Cashaa

Cashaa is currently running a Token Generation Event (TGE) offering its native CAS token. Cashaa aims to provide access to financial services for the billions of unbanked and underbanked. The financial services platform leverages blockchain technology without end-users needing to know anything about it and never having to come into contact with cryptocurrency themselves.

For more information about Cashaa and the CAS token sale visit https://cashaa.com.

About Crowd Machine

Crowd Machine is revolutionizing the blockchain and decentralized applications sector with technology from Metavine Lab. Coming out of stealth in November 2017, the project involves three core components. The Crowd App Studio (Previously “Metavine’s Genesis) offers the most comprehensive high productivity platform as a service available today, including complete application lifecycle management functionality. Crowd Share is a GitHub-like repository where app creators can post components of their apps; where creators are paid if their source code is used.

For more information please visit: www.crowdmachine.com


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Video Content Disruptor Flixxo Will Be Listed on KuCoin: Trading Starts on Thursday November 30

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November 29, 2017—KuCoin’s offerings in the cryptocurrency and token space extend well beyond the typical reaches of online exchanges, adding far and away the most high-quality projects and priding itself on unique variety and token excellence. On November 30, 2017 Flixxo will join that prized list of tokens.

KuCoin traders will have access to  FLIXX/BTC and FLIXX/ETH trading pairs upon listing.

Users can start depositing and trading FLIXX on KuCoin November 30, 2017 at 13:00 (GMT +1).

About Flixxo:

Flixxo combines BitTorrents and smart contracts to create the first legal, decentralized content distribution network.

Flixxo creates a P2P network where authors can distribute and monetize their own content.

They incentivize the distribution of their media and remove unnecessary intermediate parties by sharing their revenues with the “seeders” – a term coined in the torrents environment that refers to those who have downloaded content, keep it in their computer and share it.

Flixxo allows true end users to pay a fair price for watching licensed content in a friendly and safe environment.

In short, Flixxo aims to merge the best of P2P distribution networks, Video On Demand platforms like Netflix and Blockchain technology in order to create a video distribution platform that benefits both producers and consumers.

One of the most interesting aspects of Flixxo is their all-star team, it includes members that worked in impressive projects like Popcorn time and Riecoin.

Flixxo Team Members:

Adrian Garelik – Co-founder at RSK Labs Developing Solutions for OTT. Film Producer.

Linkedin profile: https://www.linkedin.com/in/adrian-garelik-016840103/

Pablo Carbajo – Creator of Riecoin.

https://www.linkedin.com/in/pablo-carbajo-201563148/

Frederico Abad – UX / UI Creator of PopCorn Time

Linkedin profile: https://www.linkedin.com/in/abadfederico/

Javier D’Ovidio – Co-founder and VP of Operations at EDRANS Al and Big Data

Linkedin profile: https://www.linkedin.com/in/javierdovidio/

More details about the project here: https://www.flixxo.com

About KuCoin

Got any questions? Join KuCoin Telegram here: https://t.me/joinchat/FMqUpg1_vED9MSDJPPcFkg

KuCoin is a newly-launched cryptocurrency exchange; it started operations in September 2017 and is already making a big impression on traders and users thanks to its innovative listings, partnerships and user rewards.

Users can earn rewards in exchange for using the platform and holding the exchange’s token KucoinShares (KCS). Dividends are dependent on the number of coins each user holds and they are paid daily.

Users can also get a discount on trading rates, or earn 40% commission by referring other traders to the platform. In total, KuCoin gives 90% of its trading fee to users, while keeping 10% for a token buyback fund.

The long-term goal of KuCoin is to become one of the top 10 exchanges in the world, they have quickly gained traction by collaborating with many established communities and listing new tokens based on user’s opinions and requests.

They are often compared to Binance thanks to their simple User interface, fast transactions and good design. At the same time, they have gained notoriety for good customer support which has been well received by traders and users frustrated with larger exchanges’ lack of response to support requests. People have started calling it ‘the people’s exchange’

These are all of KuCoin’s markets at the time of writing: KuCoin Shares, Monetha, Walton, Ether, Hshare, Kyber Network, OmiseGo, Everex, Eos, GAS, NEO, Red Pulse, LiteCoin, QTUM, Bytom, Civic, TenX, Status, Black Hole Coin, Modum, Change, Raiden Network, Unikoin Gold, Genesis Vision, Bitcoin Gold, Bitcoin Diamond, Substratum,

Sign Up to KuCoin here: https://www.kucoin.com/#/signup

You can find all announcements about KuCoins future listings here: https://news.kucoin.com/en/category/announcements/

If you would like to get your token listed on KuCoin you can contact them here: http://kucoinform.mikecrm.com/tAssDWK

For business and other enquiries you can email us here:
[email protected]  
[email protected]


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Bitcoin Price Nears $13,000 in India as Investors Join Boom Time Despite 30% Premium

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Bitcoin’s eye-popping rally leading this week’s all-time highs sees Indian investors rushing to grab a bite, despite the soaring premiums.

India, much like anywhere else in the world, is seeing an unprecedented demand for bitcoin after the cryptocurrency surged to historic all-time high above $11,000 this week, within days of breaking through the $9,000 milestone on Sunday.

Investors in the country, both retail traders and novice adopters are catching the bitcoin bug. “We are flooded with requests,” revealed one bitcoin executive at Coinsecure, a bitcoin exchange based in India’s capital of New Delhi. “In the past week alone, we have seen double the number of registrations. Signups are happening at full capacity.”

Unocoin, India’s highest-funded bitcoin exchange, processed over 200,000 new KYC-enabled registrations over the last month alone, compared to the 100,000 signups amassed over three entire years prior.

“The extent of interest in bitcoins is at unprecedented levels,” added Sandeep Goenka, co-founder of bitcoin exchange Zebpay.

Zebpay, Bitcoin and Coinbase figure among the Indian App Store’s trending list.

 

“This time it almost feels like mainstream adoption, something I have never experienced before, because now we are seeing interest coming in from even the conservative investors,” Goenka added, revealing that even conservative investors who typically bet on safe investments are adopting bitcoin.

The heightened demand comes despite significant price premiums. Compared to an average of $9,800 in global exchanges presently, the cost to purchase a single bitcoin stands at a dizzying  846,357 Indian rupees (approx. $13,110) – a 30% premium over the global average.

The difference in prices is due to an imbalance in the demand and supply of bitcoins, alongside a lack of robust mining resources locally. Still, that hasn’t dissuaded adopters from joining the frenzy. Such is the demand that Delhi-based Coinsecure is currently advising users to stop deposits “due to [a] heavy backlog.”

Coinsecure warns customers of delays.

Featured image from Shutterstock.


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‘Big 4’ Accounting Giant PwC Accepts its First Bitcoin Payment

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PricewaterhouseCoopers (PWC), one of the world’s largest accounting firms, has accepted its first ever bitcoin payment for its advisory services.

An ever-growing embrace of cryptocurrencies and blockchain technology among its clients has seen PwC accept bitcoin as a payment in Hong Kong. According to a Wall Street Journal report, PwC in Hong Kong revealed it is working with a number of startups involved in bitcoin and the wider cryptocurrency industry, prompting the firm to accept the world’s most widely-known cryptocurrency. Notably, PwC also confirmed its advent into advising clients about crypto funds and investments, cryptocurrency exchanges and initial coin offerings –  a radical new form of fundraising powered by cryptocurrencies.

“This decision helps illustrate how we are embracing new technology and incorporating innovative business models across our full range of services,” said PwC Asia-Pacific chairman Raymund Chao.

Notably, the PwC official added:

It is also an indication that bitcoin and other established cryptocurrencies have now developed into more broadly accepted forms of settlement.

PwC is the second ‘big four’ accounting firm to accept bitcoin as payments for its services. Ernst & Young (EY) in Switzerland became the first firm of its kind to accept bitcoin for both auditing and advisory services since the turn of 2017. EY also installed a Bitcoin ATM among its offices late last year, providing its employees with a digital bitcoin wallet within its in-house EY wallet app. Accepting bitcoin, EY said in late 2016, was essential for EY’s strategy of “digitizing itself”.

Institutional adoption of bitcoin as a currency is slowly catching on, not quite as quickly as financial institutions’ embrace of the cryptocurrency as a financial instrument.

In a fortnight, CME Group – the world’s largest exchange owner – will launch its bitcoin futures contracts product, signaling a growing trend within Wall Street that is now warming to bitcoin. As reported yesterday, New York-based Nasdaq – the world’s second-largest stock exchange after the NYSE – is also planning to launch its bitcoin futures product in the first half of 2018.

Featured image from Shutterstock.


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Nobel Prize-Winning Economist Says Bitcoin Should be ‘Outlawed’

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Joseph Stiglitz, Nobel Prize-winning economist, has made the claim that bitcoin ‘ought to be outlawed,’ at a time when the digital currency is experiencing record highs.

In a Bloomberg Television interview, the 74-year-old American economist and professor at Colombia University, said:

It seems to me it ought to be outlawed. It doesn’t serve any socially useful function.

His comments come at a time when bitcoin is continuing to surpass expectations from all sides. Just yesterday, it was reported that the digital currency has passed the historic $10,000 milestone and today it went even higher to reach over $11,000 for the first time, pushing its market total to $185 billion.

Yet, despite these record achievements, Stiglitz is of the opinion that the only reason the digital currency is doing so well is down to the fact that it has the ‘potential for circumvention, lack of oversight.’

He added that:

It’s a bubble that’s going to give a lot of people a lot of exciting times as it rides up and then goes down.

Stiglitz has, in the past, expressed his views about the digital currency, stating in 2016 that the U.S. government had ‘shut down‘ bitcoin. At the time, he said:

The main use of bitcoin has been to circumvent tax authorities and regulation. I think the U.S. government did the right of thing of shutting or trying to shut it down and I think effectively…it has done that.

Interestingly, since then his outlook toward the crypto market has somewhat shifted, if only slightly. In January, while speaking at the World Economic Forum’s Annual Meeting in Davos, Switzerland, he said that the U.S. should phase out fiat currency and move toward the use of digital currencies.

The topic of discussion at the time focused on the issue of corruption, tax evasion and tax avoidance. According to Stiglitz, the phasing out of money and introducing digital currency has ‘benefits that outweigh the cost,’ in the long term.

Harvard professor and economist Kenneth Rogoff has also said that cash provided the ideal avenue for tax evasion, and that the time was now to reduce fiat money.

No doubt Stiglitz’s most recent comments will raise a few eyebrows, and is unlikely to go down well bitcoin enthusiasts; however, given the upward trajectory that the digital currency is currently on, it’s not likely that it will have much impact on where the market is heading.

Featured image from Flickr/International Monetary Fund.


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trade.io Trade Token to Be Listed on HitBTC Exchange

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This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release.

Zug, Switzerland, November 27, 2017, trade.io, a next generation financial exchange based on blockchain technology has announced the launch of its partnership with HitBTC Exchange, one of the largest cryptocurrency exchanges, exceeding upwards of half a billion in daily volume, and operating since 2014.

Having just finished a PRE-ICO period which resulted in well over $10M in funding, trade.io is proud to provide its loyal contributors with this added value partnership, demonstrating the company’s continued intent to cooperate with the highest calibre participants in the blockchain field.  

Trade.io will announce shortly when the Trade Token (or TIO, which is how it will be listed on the HitBTC exchange), will start trading. TIO will trade against the counters, Bitcoin (BTC) & Ethereum (ETH).

On the listing, CEO, Jim Preissler commented, “trade.io pledged at a very early stage to Trade Token holders to be listed on a major exchange within 30 days following the ICO.  To have the ability to announce a listing on such a respected exchange like HitBTC even before the start of ICO, is very gratifying.  We owe all of our success thus far to our amazing trade.io community and am happy to be able to provide this news to them.”

HitBTC CPO Paul Clarkson commented, “It’s no secret that HitBTC is extremely selective in the tokens & coins we list, we have strict criteria and require an extensive amount of due diligence prior to extending an offer. trade.io has proven to be a trusted partner and we are pleased to list TIO, and start a long-term relationship.”

According to icoscanner.io, trade.io is currently the 5th most successful ICO in terms of Ethereum contributions.  With PRE-ICO now over, the ICO is due to begin on December 5th. The trade.io exchange not only supports trading of multiple asset classes, but a more efficient listing of assets in the crypto economy under the indelible & trusted history that the Blockchain provides. Trade.io couples this with its investment banking and advisory expertise and operates in a regulated and supervisory compliant environment.

Find out more by visiting trade.io

Media Contact:

trade.io

Attn: Media Relations

Bahnhofstrasse 21

6300 Zug, Switzerland

+41 43 508 1834

[email protected]


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