Alto.io, a sister company to Altitude Games is set to help developers to build blockchain based games by launching a Cryptogame Challenge where the winners will get a total of $150,000 cash prize and access to business development and marketing support from the Alto platform.

More than 30 game developers participated in the contest and the top 5 games have been selected in the final round to be developed as working demo on Ropsten Network.

Below are the finalist profiles and their game submission:

BioHackers – BrainFunc

Brainfunc from India is led by Tejas Nikumbh, who has previously worked with multi-billion dollar Multinationals (ADFG), Y-Combinator backed startups and Product Startups. With his team he and his childhood friend Prasanna Dhavale, a seasoned marketing professional and a budding Javascript Developer, they are building a neuroscience adventure game together with medical advisers to guide them on the biology aspects of the game.

Codeglue – Crown of Carnage

Codeglue is a game studio founded in 2000 in the vibrant city of Rotterdam, NL. For nearly two decades the team focuses on creating games with a noteworthy art style and design angle with emphasis on quality gameplay – mainly developing the latest innovations in the field, the Dutch team is tinkering with implementing augmented reality and blockchain technology in their game projects.

Ugarsoft – CryptoBarons

Ugarsoft is an ICT consulting firm known for its ability to integrate IT and communications technologies to offer real solutions to their clients. The blockchain division of Ugarsoft is made up of a diverse and vibrant team from Nigeria and Finland who are leveraging on the power of the blockchain technology to develop and deploy disruptive projects that include but not limited to gaming, fintech, private blockchains and other infrastructural projects.

Digital Token Alliance – Loot Hunt

Hailing from Germany but based in Thailand, the Digital Token Alliance (DTA) is a group of blockchain enthusiasts and gaming industry veterans who are passionate about emerging technologies. Their goal is to create unique experiences that forge human connections, and have dabbled in artificial intelligence, machine learning, and augmented reality. Now the team, with Frank Duffner at the helm, enters the cryptogaming space with Loot Hunt.

Kiokumushi – Treasure Dungeon

Kiokumushi is a small development team based in Tokyo whose singular goal is to show the world the potential of cryptogaming by creating games as addictive as any other. Led by Yuya Ohtsuka, the 4-person team consists of three engineers and one person in charge of planning and design. The fruit of their labor is called Treasure Dungeon.

The winners will be announced on 12th September where the champion of Alto.io Cryptogame Challenge will take home the $70k grand prize & marks the potential of what blockchain based games can achieve in real world.

This is a guest post. Opinions in the article are solely of the writer and do not reflect AdFunnel Project’s view.

British Virgin Islands, August 23, 2018 – The cryptocurrency exchanges Bitfinex and Ethfinex have both announced today that Autonio’s NIO token is now available for trading on their platforms. NIO was listed on the exchanges after being awarded first place in Ethfinex’s most recent community listing vote. Ethfinex hosts a community vote approximately every two to three weeks, allowing participants to vote on exchange listings for their project of choice.

The top three projects from the vote undergo a due diligence check by the exchanges, and are then awarded a listing on Ethfinex and often Bitfinex.

Co-Founder of Autonio, Ali Raheman commented on the new exchange listings: “We’re very pleased to have finished in the top three winners of the recent Ethfinex vote. Having NIO listed on major exchanges such as Bitfinex and Ethfinex is a major asset to the development of our project. It was only possibly through the support of our passionate community, who worked tirelessly to make this happen.”

Autonio, or Automated Nexus of Intelligent Operations, makes cryptocurrency trading readily accessible regardless of skill level. Autonio provides an artificial intelligence (AI) algorithmic trading ecosytem that can be accessed using the NIO token. Automated trading algorithims can be used to take advantage of the high volatility in the cryptocurrency markets, creating additional opportunities for users.

More information about Autonio can be accessed at www.Auton.io

Bitfinex is a digital asset trading platform offering state-of-the art services for digital currency traders and global liquidity providers. Founded in 2012, Bitfinex was one of the first professional platforms set up to accomodate for the booming interest in cryptocurrency trading. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market and margin trading for a wide selection of digital assets. At the time of publication, daily volume on Bitfinex was over $400 million USD.

To learn more about Bitfinex please visit www.bitfinex.com

Ethfinex is a hybridized exchange which will allow users the option to trade on either a centralized or decentralized exchange once the architecture is fully implemented. During the month of July, the total trading volume at the exchange reached $1.1 billion USD.

To learn more about Ethfinex please visit www.ethfinex.com

This is a guest post. Opinions in the article are solely of the writer and do not reflect AdFunnel Project’s view.

The prices of almost all the major crypto coins surged yesterday after the rumors of BlackRock’s involvement in cryptocurrency circulated. Bitcoin price showed a 10% spike, with Ethereum and Ripple showing 8.5% increase in their values. It is pertinent to mention that BlackRock is an asset manager firm with $6.2 trillion capital. Financial News London has surfaced the rumors for the first time on Monday. According to the rumors, the BlackRock is going to make a team of financial and crypto experts to investigate the ecosystem of cryptocurrency. There are also rumors that ETF (Exchange Traded Fund) giant is planning to invest in Bitcoin, the most valuable cryptocurrency in the world.

This team of professionals would comprise of various specialists from within the company. The official spokesperson of the company has not yet confirmed this rumor and said that BlackRock has been trying to delve deep into the fields of blockchain and cryptocurrencies for many years. The news has surged $225 in the Bitcoin’s price that has crossed $6600 mark. The other cryptocurrencies in the list of top ten have also shown an increasing trend of about 4 to 6 percent.

The financial experts are of the view that BlackRock CEO has taken a U-turn because he used to oppose investing in cryptocurrencies. It could be recalled that last year, he criticized cryptocurrencies by saying that these are speculative and may cause money laundering. But now, Larry Fink seems interested in cryptocurrencies because many high-profile billionaires, banks, financial institutions, and remittance companies have started investing in cryptocurrencies. BlackRock also has the power to shake the high finance in a split second.

Larry Fink has denied these rumors in an interview with Bloomberg, saying that any of BlackRock clients does not seem interested in crypto assets. However, the company is keeping an eye on cryptocurrencies and is checking if these could ever benefit the company after legitimization. It is important to mention that cryptocurrency world had to face bans and regulations in 2017. Now, almost all of the financial regulators and firms are thinking of cryptocurrencies as a possible alternative to fiat currency in the near future.

Isabelle Mateos Y Lago, the global chief multi-asset strategist in BlackRock, contradicts the statements of the CEO and says that a lot of people are interested in Bitcoin. Although Bitcoin is not an investable crypto asset, they would keep an eye on ups and downs in its value. People are hopeful that Larry Fink and BlackRock will change their views about cryptocurrencies in the future. People are optimistic in thinking that Fink and BlackRock will be similar to JP Morgan, which had previously denied the investment in cryptocurrencies by saying that these are fraud but now has active involvement in cryptocurrencies.

Although cryptocurrencies are passing through trials and tribulations, investors are hopeful that cryptocurrencies will regain their values in the near future and will prove themselves as a good alternative to fiat currencies. When this happens, it would attract BlackRock and many other major players to join the pool of cryptocurrency investors.

This is a guest post. Opinions in the article are solely of the writer and do not reflect AdFunnel Project’s view.

Today, Loopring officially launched the “Loopring Decentralized Trading Alliance Program.” Loopring plan to serve 300 ecosystem partners in one year, and implement decentralized trading for each ecosystem partner, and create 300 decentralized exchanges to form an order-sharing global Trading Alliance.

The plan is divided into two phases. The first phase is “Bootstrapping”. During this phase, Loopring will open the official Bootstrap relay cluster to provide free trading management and matching services for the alliance members.

The second phase being “Superconducting”, where Loopring will link third-party relay clusters and provide a liquidity-sharing mechanism between them.

Bootstrap phase

The ecosystem partners targeted at this stage include decentralized trading portals and market makers. The Bootstrap relay cluster operated by the Loopring Foundation (bootstrap.loopring.io) will provide order management and matchmaking services for Alliance members. Loopring will also settle the profitability of the Bootstrap cluster on a quarterly basis (ie 80% commission fee deduction of operating expenses), and reward all the profits to the alliance members in proportion to the order contribution. For each transaction entry, a market maker will also receive a 20% commission fee. This portion of the proceeds will be automatically paid to the Alliance members by the Smart Contract Agreement after each transaction.

Entering Transactions

Trading entry conditions:
• Have a physical company;
• Have a strong operating team or high traffic;
• Have front-end engineers to adjust UI style, replace icon text, and deploy websites;
• Have a good domain name;

Currently, Loopring has provided open source solutions such as Circulr, Loopr, H5Dex, Loopr-iOS App, and Loopring.js to the transaction portal. Eco-partners can use the source code of these projects, modify page styles, replace icons and copywriting, and deploy their own websites and apps. In the future, Loopring will also provide decentralized solutions for various traffic portals to help analyze traffic. If you would like more information, please visit our website’s Developer Portal at the Front End Solutions page.

Market maker
Market Maker’s participation conditions:
• Own a physical company;
• Have their own background engineers and develop market-making algorithms by themselves;

The market maker’s income mainly depends on the transaction volume. The greater the volume of transactions, the more relayed profits are distributed.

Loopring provide a loopring.js code library for market makers to facilitate engineers to use nodejs programming. Of course, you can also call the Bootstrap Relay Cluster API service directly in any other coding language.

The bootstrap phase provides liquidity-sharing through the use of a unified relay cluster. Each decentralized transaction portal can see the orders provided by other alliance members. At the transaction level, there is no need for any trust between members of the Alliance and between members of the Alliance and the Loopring Foundation — neither the front or back end of the Loopring Agreement will host any user assets. Even if the relay is hacked, there is no loss of the user’s assets. If you want to get more information, please visit our website’s Developer Portal Background Solutions page.

Superconducting phase
During this phase, Loopring will introduce multiple third-party relay clusters and open them up with the Bootstrap cluster to provide a second-level liquidity- sharing mechanism. Loopring call this shared relay alliance a “superconducting alliance.”

After entering this phase, the previously added decentralized transaction portal may choose to broadcast its own orders to more relays, thereby improving the efficiency with which their own users’ orders are matched.

Alliance members can also deploy and operate their own relay clusters by optimising our open-source relay software and join our superconducting alliance. Also, in the superconducting phase, all proceeds of the Loopring Bootstrap cluster will be distributed to the operating teams of other relay clusters according to the order contribution. If the superconductor alliance is strong and stable in the later period, Loopring may choose to stop operating non-profitable Bootstrap clusters or transfer them to other organizations for commercial operation.

The future of Loopring’s ecosystem will include more liquidity-sharing alliances that are similar to the “superconducting alliance” network. When this happens, the users will have many more choices, the liquidity will be greater, and the transaction price will be better.

In order to encourage communities to develop better relay clusters, the Loopring Ecosystem Advancement Fund has established a 10 million LRC relay rewards program. Our requirement is that the team must re-develop a new set of distributed relays that outperform Loopring Foundation’s relay software, and the code is 100% open source on github.

Bootstrap phase of the token process

There are three steps required to see your specific transaction pair within the decentralized transaction portal.
1. Register ERC20 tokens in Smart Contracts of the Loopring Agreement.
The token issuer is only required to do this once. The Loopring Foundation will process a batch of product applications each week and register qualified tokens free of charge. Currently, Loopring have the following requirements for tokens:
i) they must comply with ERC20 standards and have no bugs,
ii) they must not be able to issue additional tokens,
iii) the code must be open-sourced and certified by etherscan.io. Again, Loopring do not charge any fees for this.

2. Register the ERC20 transaction pair in the Bootstrap cluster. Again, each week, the Loopring Foundation will process a batch of product applications. However, depending on the operating conditions, the priority is based on the number of locked LRCs. In the superconducting phase, the rights of the relays belong to the relay operation team.

3. Configure the transaction pair in the wallet. This process is completely determined by the transaction portal. Loopring may make appropriate adjustments to the above process and requirements based on the current situation in the future. Please refer to our developer portal.

Differences from the Decentralized Exchange Alliance Program

First, here are some of the features of the Loopring services in this program:
1. The code is 100% open-source: The code of the products and solutions provided by the Loopring Foundation is permanently open source
2. The services are 100% free: The products and services provided by the Loopring Foundation are permanent and free of charge.
3. Trade 100% deduction-free: Loopring Foundation does not make profit gains on members of the alliance, 100% of the transaction’s revenue belongs to partners.
4. Focus on technology and products: provide eco-partners with the best open-source technology solutions and product solutions; explore the ultimate decentralized transaction experience for eco-partners, making transactions simpler, safer, and faster.

The essential difference between Loopring’s Alliance program and a decentralised exchange on the topic of “trading mining” is the following:

1. Loopring is an unmanaged, decentralized transaction integration technology. Loopring orders can be broadcasted to any number of relay clusters without any need for trust. There is no possibility of any coin loss between any participant of the Loopring Decentralized Trading Alliance. On the contrary, the centralised exchange union is still based on fund custody. Once the exchange is stolen, the participants are likely to assume joint and several liability.
2. The Loopring Foundation is a non-profit organization. Loopring will not subsidize alliance partners for marketing gimmicks, but Loopring will maintain our neutrality and provide the best open-source code and solutions for eco-partners.
3. Loopring is a non-exclusive open ecology. Without joining the trading affiliate program, you can still use the road printing protocol in your favorite way, without any restrictions; At any time, our alliance members can also choose to stop using the official Indian Bootstrap relay trunk and switch to their own. Or a third-party relay match service.

On the contrary, centralized exchange union players need to be deeply bound to the back office of the exchange, and operators and rules are subject to control, and they have almost no right to speak. Later, when the value of traffic has been exhausted, users are led to the back office of the centralized exchange. Centers and exchange partners will be ruthlessly abandoned.

How to apply
Please prepare information and team instructions, and send an email to foundation@loopring.org. Loopring will accept the alliance application up until August 1st. In order to obtain higher technical and operational support priorities, alliance members can choose to hold LRC. The more LRCs that are held, the higher the member level. Loopring will open the LRC holding details in the future.

This is a guest post. Opinions in the article are solely of the writer and do not reflect AdFunnel Project’s view.

NEM Blockchain Centre (NBC) is open for organisations in Asia to learn and explore blockchain technology and its applications

NEM Malaysia has recently announced the opening of the NEM Blockchain Centre (NBC) in Kuala Lumpur, Malaysia to serve as a learning centre, incubator and accelerator for organisations in Asia interested to explore blockchain technology and its applications in multiple industries.

The NBC premise is almost 11,000-square-feet and is the largest of its kind in the region that is fully operated by a blockchain technology organisation. NBC will house the NEM Blockchain Innovation Lab, a headquarters for research and development as well as regional support for organisations interested in using the NEM platform within their IT infrastructures. It also serves as a co-working space, with several Malaysian companies already using its services and facilities for blockchain-related learning and knowledge-sharing events.

“The NEM Blockchain Centre serves to educate and support organisations around Asia with an interest in blockchain technology and its applications,” said Stephen Chia, Council Member and Regional Head, Southeast Asia, NEM.io Foundation, and Country Lead for NEM Malaysia. “We have already kick-started initiatives and programmes with local and regional companies keen on exploring how to improve transparency, prevent fraud and establish trust in their business through adoption of blockchain innovations. Blockchain will certainly impact how organisations in every industry manage their information and data to benefit their customers or end-users.”

Photo courtesy of NEM.io

NEM Malaysia was set up by the NEM Foundation, a non-profit organisation incorporated in Singapore, dedicated to promote the development and adoption of the NEM blockchain solution around the world. With the NBC, software developers, business users, startups, exchanges, and the blockchain community are expected to test and develop use cases of the NEM blockchain platform.

The NBC enables organisations to explore how blockchain technology can help to improve data transactions by enhancing speed and security at a lower cost than other current technology platforms. Blockchain is gaining global traction in various industries including financial services, insurance, education, retail, telecommunications and logistics. Among its applications are automating accounting, medical and scientific records, international remittance, securities trading customer relationship management, notarisations and many more.

The NEM blockchain is already being adopted in a number of industries and services in Asia and around the world, including Appsolutely Inc., the largest rewards and loyalty programme company in the Philippines; a point-of-sale terminal for cryptocurrency for the retail industry (Pundi X) in Indonesia; and backend payment and mobile settlement solutions by Dragonfly Fintech Pte. Ltd., Singapore.

Malaysia As The Base Of Operations For Asia

With the opening of NBC, NEM Malaysia serves as the headquarters for regional operations for NEM in Asia (excluding China and ANZ). The team continues to pursue strategic alliances to expand NEM’s reach, secure deeper collaboration, and develop more blockchain hubs. Malaysian organisations can leverage the NEM network and technology to develop blockchain solutions for the Malaysian economy while having access to training events, service providers and technical support.

Partners and customers include member companies under the Internet Alliance. “The Internet Alliance and its members look forward to continuing our collaboration with NEM Malaysia in building awareness and educating companies about Blockchain,” said Chan Kee Siak, President of the Internet Alliance Malaysia, and Founder and CEO of ‎Exabytes Group, a global, multiple award-winning specialist in web hosting services. We encourage anyone with an interest in blockchain to explore its applications for your business, whether you are an SME or a large enterprise.”

The NEM Foundation is expected to spend around US$40 million in 2018 to fund its global expansion programmes. US$5 million will be allocated towards supporting blockchain companies incubated in the NBC in Malaysia.

This is a guest post. Opinions in the article are solely of the writer and do not reflect AdFunnel Project’s view.

Despite the adoption of Ripple’s blockchain by many companies, Ripple Labs is facing another lawsuit in California’s Superior Court sitting in San Mateo County. This is the third time the company is facing a lawsuit, and the interesting fact is: the company has to face the lawsuits for three times for one common reason, the violation of securities law. Plaintives in all the three lawsuits have claimed that the company has violated the securities law because it issues, controls, manages, and supports the XRP cryptocurrency. The latest lawsuit has been filed against Ripple Labs, Inc. and the CEO Brad Garlinghouse on 27th June by David Oconer.

According to the lawsuit by California resident David Oconer, XRP is an integral part of the company and is conflated with the company’s various product offerings. This makes XRP a security and thus, the company is violating the securities law by supporting, controlling, and selling it. The plaintiff in this latest lawsuit has also alleged that the company has played various tricks and used false marketing techniques to increase the value of the XRP coin. He has also alleged that Ripple’s escrowing of 55 billion XRP funds was also a technique to increase the value of the cryptocurrency. As a reference, he has given the tweet of Brad Garlinghouse, saying that 55 billion escrow funds are good for supply predictability and trust.

The lawsuit also states that the company has succeeded to create intended effect by limiting the supply of the XRP cryptocurrency. This limitation in the supply and false marketing had increased the value of XRP cryptocurrency from $0.22 on 7th December to $3.38 on 7th January. Ripple (XRP) has remained the top cryptocurrency in 2017 with an average increase of about 30,000% in its value. XRP coin touched its all-time high value of $3.60 on 4th January. These bullish signs in the value of XRP coins attracted many investors across the world. Since then, the XRP currency has never regained its value but businesses all across the world are adopting its blockchain for real time processing of cross border transactions.

Last month, a similar kind of lawsuit was filed against Ripple in California’s Superior court in San Mateo County. The plaintiff was of the view that Ripple Labs, Inc. should have registered XRP coin before selling it. He also alleged that XRP is a security under the control of Ripple Labs and selling it is violation of securities law. Ripple Labs, Inc. has always refuted these arguments, saying that XRP is not a security. Cory Johnson, the Chief Market Strategist of Ripple, said in an interview to CCN in April that XRP is not a security because it does not meet the standards.

To summarize, we can say that XRP is not a security as SEC body has never mentioned Ripple as the security, and Ripple Labs, Inc. is always waiting for a confirmation of this from SEC. Ripple’s CEO Brad Garlinghouse has always said that XRP and Ripple are two different entities. XRP is the cryptocurrency but Ripple is a blockchain platform designed to process global transactions within seconds.

This is a guest post. Opinions in the article are solely of the writer and do not reflect AdFunnel Project’s view.

Cost effectiveness, speed, reliability, and scalability of digital transactions are attracting many big tech companies to join the cryptocurrency bandwagon. Most of these tech companies have either partnered with cryptocurrency companies or tested blockchain and cryptocurrencies internally to be frontrunners in this field. The cryptocurrency industry is optimistic after the reversal of ban on crypto products and services by Facebook and being favored by G-20 leadership towards regulating these currencies.

With the Chinese social media platform, WeChat, paving the way and proving that payment through QR codes is efficient and may soon become mainstream, Amazon and Microsoft have entered into partnerships to launch their blockchain tools.

Blockchain adoption is increasing in 2018 as many startups are moving towards the creation of cryptocurrency tokens by using blockchain technology in an innovative manner. Ripple (XRP), a San Francisco-based cryptocurrency and payment platform, is leading in this field as global transactions are completed in just three seconds in its blockchain. Consequently, most of the banks, remittance companies, and financial institutions are adopting Ripple’s blockchain to revolutionize their businesses. Ripple Labs Director of Regulatory Relations Ryan Zagone has already favored the use of Ripple (XRP) by saying that its use is inevitable for businesses. Big tech companies, like Google, Amazon, Facebook, and Microsoft, will not be left behind to maintain their supremacy in the tech world.

The reversal of crypto ads ban by Facebook shows that something big is coming in the near future. Most people speculate that Facebook is planning to launch its own cryptocurrency, while others think that Facebook wants to earn money from crypto ads. Earlier, there were also rumors published in The Economist that Facebook is interested to buy Coinbase, the world’s largest bitcoin exchange. If Facebook launches its own cryptocurrency, all the 2 billion users of its social media platform would have an easy access to that, thus increasing the worth of this token.

Amazon is also an e-commerce giant with the most number of young, educated customers, apart from its Amazon Prime members. This means that Amazon Coin may also have access to thousands of Amazon customers.

A rivalry may also arise between Amazon and Facebook in terms of advertising, which could be a reason behind Facebook’s reversal of ban on crypto ads. Amazon may win in this battle as it has a vast e-commerce experience and has existing partnerships with many banks and remittance companies. Adoption of blockchain and launch of cryptocurrency by Amazon may also benefit its huge customer database because it would become convenient for Amazon to send and receive payments through blockchain technology. Interestingly, the e-commerce giant Amazon, has already registered cryptocurrency website addresses.

We can hope that Amazon may launch its own cryptocurrency even before Facebook does. Launch of cryptocurrency will prove ideal for Amazon Prime brand because it would accelerate its grocery business, thereby revolutionizing the mobile payments. It is also evident that this adoption of blockchain by Big Techs will benefit the cryptocurrency industry a lot and make the competition among tech companies fiercer.

This is a guest post. Opinions in the article are solely of the writer and do not reflect AdFunnel Project’s view.

With the invention of various cryptocurrencies, investors began to think of ways to store the crypto tokens in order to avoid any loss. Various cryptocurrency companies introduced various kinds of wallets for storing particular cryptocurrencies. With the passage of time, people realized the need of an all-in-one crypto wallet that can store as many cryptocurrencies as they want without any fear of losing funds. As a result, various hardware, software, cold, online, and offline wallets were brought up to the stage with various security features and multi-currency support. Security of funds has always remained an issue because most of the crypto wallets offer security through private keys stored in various places.

John McAfee, a renowned cyber security professional, has invented a new crypto wallet in collaboration with Bitfi, a global payment technology company. John McAfee says that this crypto wallet is the first open-source unhackable hardware wallet with Bitfi algorithm for an increased security. The wallet comes with a dashboard, which is easy to set-up wirelessly and can manage various cryptocurrencies and crypto assets. It is worth mentioning that John McAfee has recently joined Bitfi team to accelerate the adoption of digital assets and to ease the interaction with these assets. It is also important to note that John McAfee’s claim of Bitfi Wallet, being an unhackable wallet, has never been made by any one in tech history.

This Bitfi wallet ‘Knox’ is available for purchase in $120 across the world from June 25. John McAfee tweeted that the first batch of the unhackable wallet has sold-out in only 22 minutes, and the second batch has sold out 150 units before the website crashed. One of the greatest reasons for this flash sale is the collaboration of John McAfee with Bitfi because John has a respectable place in the world of cyber security, being inventor of McAfee antivirus program.

Here are some of the features of the unhackable crypto wallet:

  • It offers support for unlimited cryptocurrencies with the facility that allows the new and upcoming cryptocurrencies to automatically be added through updates.
  • It can be easily set-up and synchronized with different devices to utilize the wallet’s dashboard facility.
  • It allows the users to switch instantly among various crypto assets for personal as well as business purposes.
  • It is unhackable because the users can save their funds through memorizing a security phrase which will give them access to the private keys. The private keys will be generated only for a few seconds to authorize the transactions and will not stored at any place, thus avoiding the illicit use of them.
  • Its interface is also attractive and easy to use.
  • It offers minimal transaction fees and stores unlimited amount of any digital currency.

From what is published on their website, Bitfi wallet is probably one of the most secure multi-purpose crypto wallets that will also bring a revolution in crypto trading. Unlimited support for cryptocurrencies, user-friendly interface, competitive price, and unmatched security make this wallet better than any other crypto wallets being used across the globe.

This is a guest post. Opinions in the article are solely of the writer and do not reflect AdFunnel Project’s view.

The skyrocketing values of top cryptocurrencies in the last week of December 2017 and the first week of January 2018 had made cryptocurrencies a widely discussed topic around the world. Since then, almost all the cryptocurrencies are passing through ups and downs in their values.

Facebook, the world’s largest social media platform, also announced ban on ads promoting financial products and services. Earlier, cryptocurrency trading was also banned by various financial regulators in different countries. Also, many of the financial experts also considered these a deceptive game and fraud. The ban on cryptocurrency trading in China, the world’s leading economy, further added fuel to the fire and the values of all the cryptocurrencies began to decrease.

In spite of all this, crypto experts remained hopeful for the future of cryptocurrencies saying that these would regain their all-time high values at some time in the last quarter of 2018. Also, many larger banks, financial institutions, and remittance firms began to adopt various platforms to revolutionize their global payments. Ripple (XRP) has appeared as a frontrunner in this regard because of its fast, reliable, and cost effective cross border money transfers. As a result, more than 100 companies have adopted its blockchain to expand their operations.

Facebook has also realized the importance of blockchain and cryptocurrencies and has announced a new policy lifting ban on financial ads including cryptocurrencies. The official Facebook business page states that it has refined its policy and decided to allow some ads after ensuring that these are safe. This means that it will still block ads with misleading advertising of various products and services. The new policy is effective from June 26 and will allow those ads that are pre-approved by various advertisers. Here, it is also pertinent to mention that there is ban on content promoting Initial Coin Offerings (ICO’s) and other binary options.

The advertisers interested to promote their cryptocurrency products and services will have to submit an application to Facebook. After assessing their eligibility, the social media platform will allow their ads to appear and make those accessible to all the users of Facebook. It is also very important to mention that Facebook is the world’s largest social media platform with more than 2 billion users all across the world.

This lifting of bans on cryptocurrency products and services has given rise to many speculations including that something big is coming for this social media platform in near future. There are also opinions that Facebook may have plans to buy Coinbase, the largest crypto exchange in the world. In early June, The Economist (one of the leading news platform) reported that Facebook is planning to buy Coinbase which is the largest Bitcoin exchange. Although Coinbase is also the largest Bitcoin exchange, yet Facebook adoption may give it access to billion of social media users around the world. There are also many others who are of the view that this lifting of ban on crypto products and services by Facebook is only a way to earn money. In any case, this flip on crypto ads by Facebook may surge the values of almost all the cryptocurrencies in near future.

This is a guest post. Opinions in the article are solely of the writer and do not reflect AdFunnel Project’s view.

Ripple is a San Francisco based cryptocurrency company founded in 2012. Over the past few months, the company has earned a name as a payment platform. Currently, Ripple (XRP) is the third largest cryptocurrency being traded all across the world. Global transactions are completed within three seconds in Ripple’s blockchain as compared to Bitcoin where global transactions take 40 minutes to complete. The fast transactions, reliability, and scalability of its blockchain network are revolutionizing the businesses all across the world. Therefore, many banks, financial institutions, and businesses are joining this platform. Ripple (XRP) touched an all-time high value of $3.60 in the first week of January 2018.

Last week, Ripple’s director of regulatory relations Ryan Zagone attended Federal Reserve’s faster payment task force steering committee. He was representing 90 corporations. The main objective of this committee was to formulate methods to upgrade the conventional payment system. The selection of Ryan Zagone as the representative of 90 corporations showed that the businesses all over the world have full confidence in Ripple (XRP) as a payment platform to revolutionize the businesses. Earlier, global payments all over the world are made through SWIFT. The cost effectiveness, speed, and reliability of RippleNet are making it a world leader in global payments.

Most of the financial experts are hopeful that FED will back up Ripple (XRP) as a replacement for cross border remittances. This is because Ripple (XRP) is an American based payment platform. Ryan Zagone, as a representative for Ripple (XRP), preferred Ripple (XRP) over other cash alliances. Here, it is also pertinent to mention that Ripple’s CEO Brad Garlinghouse had said that Ripple (XRP) will soon be the number one cryptocurrency choice for various banks, financial institutions, and businesses. He also advocated various Ripples’ products like xRapid and xCurrent to become the ultimate choice of businesses all across the world.

A few days back Kotak Mahindra, one of the largest private banks in India, announced partnership with Ripple (XRP) for fast, reliable, and cost effective global payments. Here, it is also important to mention that more than 100 banks, financial institutions, and remittance firms are already using Ripple (XRP) for processing cross border transactions. With the passage of time, the use of Ripple (XRP) will become inevitable for developing nations. This is because inflow and outflow of money is one of the largest problems that the businesses are facing in developing countries. The advocacy of Ryan Zagone and the influence of G-20 may attract nations all over the world to adopt Ripple (XRP) as a tool for global payments.

Most of the crypto experts were already of the view that 2018 will be year of Ripple (XRP). The listing of Ripple (XRP) on various crypto exchanges and platforms all over the world seem to support this view. We can also hope that adoption of xCurrent and xRapid by various businesses will also increase the value of coin which is trading around $0.50 nowadays. Also, it may become global currency replacing all other valuable currencies like USD, GBP, and others.

This is a guest post. Opinions in the article are solely of the writer and do not reflect AdFunnel Project’s view.