Big Boys On The Block(chain)

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Bitcoin Price At $4750 And Counting As Charlie Shrem Calls Below $100k 'Cheap'

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Bitcoin Price Technical Analysis for 09/01/2017 – Taking Advantage of USD Volatility

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Blockchain & Crypto Currency White Paper Writer

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blockchain Archives - Startit Poslovi

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Blockchain Technology Market Research Report 2016 to 2023

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Blockchain Technology Market | Industry Outlook Analysis Report

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Unable to load existing blockchain data into the explorer

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Blockchain: The right side of crazy

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69 Blockchain Jobs in Campbell, CA

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Bitcoin Debit Cards Halt Service to Non-European Residents Due to Visa’s New Rules

Four bitcoin Visa debit cards have now halted service to non-European residents due to Visa’s new licensing restrictions. BTCC and Bitwala have joined Xapo and Shakepay to stop debit card service to users who reside outside of the Visa European payment network.

Also read: Moscow Stock Exchange Prepares to Trade Cryptocurrency

Service Halted for Non-European Residents

China-based bitcoin exchange BTCC announced on Thursday that its Mobi app will stop offering Visa debit card service to non-European residents “because of new licensing restrictions from Visa.” The change only affects Visa card usage, however. Emphasizing that other Mobi’s features remain available, the company noted:

Non-European residents who already have Mobi Visa cards will not be able to use Mobi Visa cards after 11:59 PM (UTC) on October 15th, 2017.

Germany-based Bitwala announced a similar suspension on Wednesday. Canada-based Shakepay made the same move on Monday. “Our partner bank is being nudged by Visa to immediately stop issuing cards to residents living outside of the European Territory,” the company wrote, adding that most of the Shakepay team fall into that category.

Xapo was the first of the four companies to announce its Visa debit card service suspension. On August 22, the company stopped selling its debit cards to new customers outside the European territory.

New Visa Rules; ID Verification Required

The new Visa rules went into effect on August 21, Bitwala detailed, adding that:

Bitwala cards have always utilised the Visa network to provide users with global and uninterrupted coverage. According to their new regulations, only customers in the EEA and selected adjacent states will be able to order the Bitwala Debit Card.

Non-European residents, including European citizens who are not currently living in Europe, can no longer order new Visa cards from the four companies. For Bitwala cards, users who successfully ordered them on August 9 onward have been refunded, the company revealed.

Customers living in the European territory can continue using their cards “by uploading a proof of domicile in one of the supported countries,” Bitwala described. BTCC explained that the ID verification process includes “providing scans of their ID and address-verification documents.”

BTCC has listed the countries unaffected by the change. They are: Andorra, Austria, Bailiwick of Guernsey, Bailiwick of Jersey, Belgium, Bulgaria, Canary Islands, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Greenland, Hungary, Iceland, Ireland, Isle of Man, Israel, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, and the United Kingdom.

What do you think of the new Visa rules banning non-European residents from using its network? Let us know in the comments section below.

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The post Bitcoin Debit Cards Halt Service to Non-European Residents Due to Visa’s New Rules appeared first on Bitcoin News.

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Decentralized Autonomous Organization – Organizations on the Blockchain

DAOs are strictly automated organizations ran by smart contract programs on the Blockchain. What is that about and how does it actually work?

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BitcoinTV: by The Cryptoverse on YouTube

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PR: Modum.io Announces ITO Starting Sept 1. The MOD Token Is Backed by a Regulatory-Driven Business Case for Blockchain Tech in the Pharma Supply Chain.

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

Zurich, Switzerland – Sept 1, 2017 – On September 1, 2017 the MOD token is officially available in public crowdsale. In a private pre-sale, the token raised more than 1.25 Million USD for the innovative Swiss start-up, pioneering the use of blockchain and IoT technologies in the pharma supply chain. This week modum has announced a strategic collaboration with IOTA, starting with the acceptance of the IOTA token in the MOD crowdsale.

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Blockchain technology has the potential to create new foundations for global businesses. While most investors have seen interesting applications in fintech, modum.io is one of the few start-ups focused on the 8.1 trillion USD global logistics market.

modum.io has developed sensor devices, which record the environmental conditions that a package has been exposed to while in transit. A sender can pre-program parameters into the blockchain, which enable notifications if a deviation in conditions that may affect the quality of the product has occurred. The records are immutable and auditable, fulfilling regulatory requirements. This passive monitoring strategy reduces the need for costly and inefficient actively-cooled transport solutions with a potential industry wide savings of 3 billion EUR per annum.

MOD Tokens are backed by the business value of modum.io AG. The recently modified EU GDP regulation requires that pharma producers and the over 10’000 distributors deliver evidence that temperatures did not affect drugs in transit. This use case is an early application of blockchain technology in the logistics sector where a real, regulatory-driven market need for the technology exists.

After a successful first year of operations, modum.io AG announced its ITO in early August: 20.1 million MOD tokens will be available in a public crowdsale, each token coming with profit sharing and voting rights at established milestones to align the modum team with token holder interests.

modum.io’s CEO, Malik El Bay, explains: “We have a solid product with several successful pilot tests completed, a working hardware prototype, a strong team of developers, and a handpicked team of advisors. We are running this token sale to fundraise for the future development of modum.io and will give our cryptocurrency backers the same rights that institutionalized investors have.”

Recently, on August 21st, 2017, modum.io announced the start of a long-term strategic collaboration with IOTA by integrating IOTA tokens as an investment possibility in the MOD Token sale. According to El Bay: “To execute our vision we need a technology for our sensor devices that allows the transfer of value without charging tremendous transaction fees. IOTA’s infrastructure will be very valuable to us and are working towards a proof-of-concept for our next industry tests. We plan to publish the results by fall 2017.”

Dominik Schiener, Co-Founder of the IOTA Foundation, won the Shanghai Blockchain competition with a supply chain application. According to Schiener: “It is great to see an IoT and Blockchain company, with a clear go-to market strategy, thinking about utilizing the IOTA infrastructure. modum.io is a blockchain enabler and we are eager to be one of the technologies behind the project.”

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The invite only pre-sale for MOD tokens sold out promptly in its first day on August 11th. The public token sale, with 3 bonus tiers, will start on September 1st, 2017.

To learn more visit: modum.io/tokensale
Chat with us on Slack: modum.io/slack
Press inquiries contact: mike.taylor@modum.io

Located in Zurich, between the “Crypto Valley” in Zug and Basel, a hub for major pharma players, modum.io is well positioned to bring their system to market. modum.io works from Technopark, a well-established centre for tech start-ups and innovation in Switzerland. The company benefits from strategic partnerships with the University of Zurich and the University of St. Gallen and industry partners, including Schaer Pharma, Variosystems, and Lykke Corp.

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This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

The post PR: Modum.io Announces ITO Starting Sept 1. The MOD Token Is Backed by a Regulatory-Driven Business Case for Blockchain Tech in the Pharma Supply Chain. appeared first on Bitcoin News.

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One blockchain to rule them all?

If you are yet to be acquainted with the techno-hipsters' wet dream that is blockchain technology, it is the driver behind the digital currency Bitcoin.

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Promises and pitfalls of blockchain tokens

Increasingly, the entrepreneurs looking to token sales aren't exclusively technologists or looking to build blockchain applications. Instead, they have ...

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These Venture Capitalists Are Powering The Blockchain Boom

Bitcoin just reached yet another all-time high today: $4,700. Every week the blockchain industry, including the global cryptocurrency market, becomes ...

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Oracle Officially Joins Hyperledger Blockchain Project

Technology giant Oracle has officially become a member of the Hyperledger project as of August 2017. Hyperledger is a Blockchain-based project led ...

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3 Must Read Stories: China's Party Reshuffle, Bitcoin Bubble, China House Prices Soar

China will convene a significant meeting of the Communist Party on October 18, an event that is expected to lead to a major shakeup of the leadership ...

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