Qashback Set to Launch Decentralized Reputation Management System in 2019

Organised as a weekly newsletter, it presents an overview of the current international blockchain debate. You may find below a selection of the best ideas from the most influential media.

 

Qashback Set to Launch Decentralized Reputation Management System in 2019 Singapore based technology firm Qashback is set to launch Southeast Asia’s first Blockchain-Powered Reputation Management & Permission-Based Marketing Platform in 2019 that’ll transform the retail and services industries by connecting consumers, merchants and advertisers to solve the current data privacy issues. Plans are set for a Quarter 2, 2019 release of their platform that will revolutionize the online reviews market by using blockchain technology. Users will be rewarded with the platform’s native QBK tokens for writing authentic reviews that will significantly reduce bias that plagues current online review sites. Merchants will be able to offer cryptographic tokens (QBKs) as an incentive to consumers to participate in contests and help with marketing promotions.Using Blockchain technology will enable real and factual reviews for consumers that are authentic and immutable thereby building trust in the system. All transactions on the platform will also be recorded on the Ethereum blockchain making use of self-executing smart contracts without relying on any single third party.Qashback plans on targetting markets like Wellness/Beauty, Healthcare, Transit, Shopping, Food & Beverage, Travel, Entertainment and Education within the Southeast Asian region. With partnerships with Oriental Mace Group Berhad with its mobile app, MyBeauty, supported by the Malaysian government for national tourism will make use of its over 1,000 beauty service providers and thousands of product suppliers. The integration will enable merchants and users to transact in QBK tokens with users being rewarded for writing reviews.The estimated receipts of $18 billion annually will generate a sizable demand for QBK tokens. Qashback will mint one billion tokens of which 10% (one hundred million tokens) was made available for their public sale on 10th Dec 2018. They also raised over $14 million on private sales launched in July by high net-worth individuals and institutional backers.The QBK token was also listed on UDAX Hong Kong with Coninsuper, Dobi Trade, Upbit, and LAToken in the works for Q2 and Q3 2019. January 11, 2019 by Rishabh READ FULL ARTICLE https://blockmanity.com/news/qashback-set-to-launch-decentralized-reputation-management-system-in-2019/

Blockchain: the key technology of tomorrow   The potential uses of Blockchain technology are very diverse, from services such as cashless payment and car parks, to seamless delivery chain tracking, to functions in automated driving. The Porsche Newsroom provides an overview. Ten years on, the money market revolution has manifested itself as an ATM in Germany. After the Berlin Court of Appeal ruled, at the end of September 2018, that bitcoin is not a financial instrument and therefore can be traded privately, a Munich-based entrepreneur quickly responded by setting up a bitcoin ATM at the end of October. At these ATMs, real currency can be exchanged for bitcoin – as is already established practice at Amsterdam Airport Schiphol, enabling travellers to easily convert their excess euros and cents. However, it remains rather unlikely that bitcoin ATMs will be popping up all over Germany. Although the cryptocurrency was the major hype at the end of 2017, it suffered a major dampener in the form of a rate crash this year; furthermore, BaFin (the German Federal Financial Supervisory Authority) has indicated that it is unimpressed by the judgment from Berlin, referring to it as a one-off decision under criminal law, and continuing to insist on withholding authorisation. The chosen location for the Munich ATM – inside an amusement arcade, of all places – is perhaps unlikely to encourage serious business people to rely on bitcoin, but it is nevertheless true that the cryptocurrency is an instrument that may change society in the long term. The range of services and products based on bitcoin has increased significantly in the course of this year – and not just those from start-ups, either. In Switzerland, for example, it’s possible to obtain bitcoin from Swiss Federal Railways (SBB) ticket machines, meaning that the SBB is advertising the possibility of making payments without a credit card or bank details at more than 10,000 acceptance points worldwide. Though bitcoin is just the publicity vehicle here. The real story is the underlying technology: blockchain. Blockchain has already found its way into a huge range of economic settings. In May, “Wired” magazine published a list of 187 problems that could be solved with this technology, including water supply, the pension system, and protection of health data – but also subjects such as cancer and economic crises. January 01, 2019 by Media READ FULL ARTICLE https://newsroom.porsche.com/en/company/porsche-blockchain-technology-opportunities-digitization-16800.html

Bitwise files Bitcoin ETF application in the face of continued SEC scepticism Cryptoasset Index and fund Bitwise Asset Management today announced that it has filed an initial registration statement with the U.S. Securities and Exchange Commission (SEC) proposing a new physically held bitcoin Exchange-Traded Fund (ETF). The proposed Bitwise Bitcoin ETF would track the company’s allied Bitwise Bitcoin Total Return Index, which tracks what the company calls the “the full value of an investment in bitcoin, inclusive of meaningful hard forks.” In the face of 12 months that have consistently seen applications for such products rejected by the U.S. regulator, Bitwise’s press release states its belief that its “proposed ETF differs from previously filed proposed bitcoin ETFs in that it will rely on regulated third party custodians to hold its physical bitcoin, and in that the index draws prices from a large number of cryptocurrency exchanges, representing the majority of currently verifiable bitcoin trading.” The ETF, if approved, is set to be available through the NYSE Arca., Inc. (NYSE) exchange, which will file an application in the coming days to list shares in the new product under a yet-to-be-determined ticker symbol. Despite 2018 marking a year of setbacks for such products, including the proposals from New York-regulated exchange, Gemini, John Hyland – the global head of Exchange-Traded Funds for Bitwise – say the company is “optimistic that 2019 should be the year that a bitcoin ETF launches,” We have reported on the main objections from the SEC to such proposals, which centre around fears of price manipulation on the exchanges that would be used to track investments like the ETFs proposed by multiple companies in 2018, of which only one has yet to be rejected. January 10, 2019 by John Moore READ FULL ARTICLE https://cryptonewsreview.com/bitwise-files-etf-application-in-the-face-of-continued-sec-scepticism/

Neutrino: A Privacy-Preserving Light Wallet Protocol   Lightning is all the rage these days and, while it's an exciting development, users currently have to have a full node running in order to transact in it. In this article, I'm going to introduce Neutrino, a new protocol for light clients to get the data that they need while preserving privacy and without trusting a central server. In the original white paper written in 2008, Satoshi Nakamoto described something called Simplified Payment Verification (SPV). SPV is how a light node can verify payments without downloading, verifying or storing the entire blockchain. This was supposed to be the basis of light wallets. Unfortunately, the original Bitcoin Core software did not implement Simplified Payment Verification, so light clients did not have access to the data necessary to do SPV in a privacy-preserving way. In 2013, BIP0037 was added to Bitcoin Core to make SPV viable. BIP0037 created network commands to make the Simplified Payment Verification possible for light nodes to do. Light nodes could now ask for proof that a particular transaction happened in a particular block. That way, light nodes wouldn't have to trust servers but could actually verify the data being given to them. To achieve this, the light client gives the server a filter. The server then runs the filter over all the transactions of a new block and reports back those transactions, along with proof that they're in the block, to the client. The client then verifies the proof and looks at the transactions to see if any of them belong to the wallet. Unfortunately, BIP0037 has a few drawbacks. Among others, it was seen as being difficult to implement and most light wallets have opted to use something else. The Electrum wallet, for example, uses its own proprietary protocol which isn't privacy-preserving. The Mycelium wallet calls servers that the Mycelium company runs. In addition, there are denial-of-service vectors (by having to run lots of filters) to exploit servers that respond to BIP0037 requests. Furthermore, the privacy aspects of BIP0037 turned out to not be as strong as was thought. It turns out the server can know a lot about the light wallet (like what balance it might have, whom its transacting with, possibly even what it's buying) by looking for certain kinds of patterns. As a result, BIP0037 has largely fallen into disuse, despite being in the Core software since 2013. January 3, 2019 by Jimmy Song READ FULL ARTICLE https://bitcoinmagazine.com/articles/neutrino-privacy-preserving-light-wallet-protocol/

Chief Ecosystem Officer: The New Role Every Blockchain Company Needs  When you’re working for a startup, it’s normal to find yourself with some responsibilities that don’t quite fit under your job title. And when you’re working at a startup in an emerging industry, it’s almost a given that your role won’t really jive with your title. So, what do you do when your title doesn’t fit your role? You make a new one, of course. Right now, the focus in the blockchain industry is on ecosystems and how to build them. It’s not something that happens overnight with a snap of the fingers. So, everyone has to combine a number of different elements and strategies to help build and maintain our ecosystems. Which is why I finally sat down one day and wrote the description for a new position, one unique to the industry: Chief Ecosystem Officer (CECO). Here’s why I did it, and why every blockchain company should seriously consider hiring one. The Road To The CECO Role After getting involved in the blockchain and crypto industries, I spent a lot of time working on educating the market about blockchain technology. Most people didn’t know what it was, they didn’t know why they needed it, and it was difficult to get media coverage for the industry. In 2017 and 2018, blockchain found its way into the public sphere. The explosion of ICOs created a new awareness in the market, but it also presented a number of challenges. Instead of simply trying to educate customers about the benefits of the blockchain, I also had to begin actively battling misinformation. Many people had a vague knowledge of blockchain or Bitcoin, but they were being bombarded by what I would generously call less-than-accurate information. January 10, 2019 by Samantha Radocchia READ FULL ARTICLE https://www.forbes.com/sites/samantharadocchia/2019/01/10/chief-ecosystem-officer-the-new-role-every-blockchain-company-needs/

About STARBIT

Starbit aims at spreading theoretical - practical knowledge among ordinary people, without being an expert or willing to become an expert. Starbit is aware of the impact that blockchain and crypto currencies will have on people's lives: for this reason it promotes a mass literacy.

Starbit selects everything needed for a person to be informed and about blockchain technologies and various applications, making it easier, in a progressive manner, accessible to all, thus saving time and resources to anyone interested in this area. The goal is to offer various degrees of knowledge (first level is free as Club Member and the others included in the products purchasable by customers) to those who are interested in playing an acting rule. Starbit also offers an opportunity to those who want to transform all this in a work from home opportunity.

DISCLAIMER

Registration to the Club is totally free and gives access to the basic information on Blockchain and its applications on the market, the most important of which is constituted by the so-called crypto currencies. At the Club members who are interested in having a more complete knowledge and information is also offered the possibility (it is an option, not an obligation) to buy upgradable services or applications (the acquisition of knowledge is a fact known to be progressive over time).

Any coins  (when free attributed by third parties) that may result gradually, will of course be the exclusive property of the customer and should not be considered in any relationship the servicies or applications purchased.

For maximum clarity applies the following example: if a person acquires an organic farming course that includes in addition to the theory, also a practical detection of cultivation of an organic garden (like was done by Michelle Obama at the White House), any products (carrots, tomatoes, peas, etc.) that will enrich his table, will obviously be of full ownership of those who have grown the organic garden and will not of course no relation to the person who sold the course, even if he has supplied the equipment for the practical test, such as seeds, tools, pots, fertilizers, various preparations, etc.

Subscribers to the Club have the power to start the business, if authorized and in acceptance of all the terms and conditions for the Promoter, explained in the Promoter Agreement and in the Policies and Procedures. They should not incur any fees and never any obligation to buy anything. If as a result of the promotion done, some new Club member, decide to buy a package Information, the Promoter will receive a commercial fee as provided by the terms and conditions above mentioned. It is not authorized anyone to provide news other than those listed here and on the official website, to promise false gains and / or try to push the purchase of the products, which must instead be the result of personal conviction. In particular, it must never be made no reference to any kind of investment if not purely cultural nature. This Club is fully committed to compliance with the laws of the countries in which it operates. It's also open to collaboration with those who help him to improve.For each queries or suggestions please contact via the official website. For questions please contact support@starbit.com.