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Tag Archives: blockchain

wallet-zcash

Wallet Zcash: how to store Zcash

wallet-zcash

We always work to provide you with a better service, and now we are glad to announce our new Wallet Zcash.

We are very proud about this new implementation for storing safely this disruptive digital currency.

So, from now on you can instantly purchase Zcash through your own Holytransaction wallet, transfer them to
any HolyTransaction’s user for free, and make crypto-to-crypto transfers from/to Zcash, and seven more cryptocurrency’s networks.

All HolyTransaction customers can create a new address for their own Wallet ZCash and use the simple HolyTransaction Web Wallet to send and receive transactions or to instantly convert them to any other supported cryptocurrency.

Just like Bitcoin and all the supported cryptocurrencies we currently support, you can now:

  • Send ZCash to any address, even to addresses of other cryptocurrencies with instant conversion on the fly;
  • Receive transactions;
  • Exchange Zcash with any supported coins;
  • Make instant transactions between HT users;
  • Get real time exchange rates on the website;
  • Set OTP for additional protection.

If you can’t see your newest Wallet Zcash, you just need to click on the “plus” button that you find at the top right of the balance page, once you successfully enter into your wallet.

You can use the “plus” button to select the wallets you want to see in the main page like shown in the picture below.

Add new cryptocurrency

We’re really excited to be part of this new community!

NOTE: on our multicurrency wallet you can store 21 digital currencies, including: Bitcoin, Dash, Ethereum, Dogecoin, Faircoin, Gamecredits, Litecoin, Dogecoin, Blackcoin, Gridcoin and Zcash, among the others.

Click here for more info.

 

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio

Bitcoin regulation is necessary for its success, said Bank of Canada

According to a recent paper published by Bank of Canada, researches explain that Bitcoin regulation is necessary for it to reach worldwide success.

A paper published this week, in fact, suggests that digital currencies like bitcoin won’t succeed in the long-term without any government support.

To write this research, experts examinated the viability of virtual currency, looking to previous examples of Canadian currency such as the so-called “Dominion” as a guide.

This is not the first time Bank of Canada is involved in blockchain and bitcoin-related projects.

A few months ago, in fact, we saw Bank of Canada involved in the so-called “Project Jasper” to develop a prototype system for issuing a bank-backed digital currency and a payment system using the technology.

While we are still waiting to know more details about Project Jasper, the just released paper explains a common thinking among central banks on the topic of cryptocurrencies: bitcoin and other private digital currencies need goverment support to succeed.

“We conclude that well designed and managed private digital currencies could circulate widely but only with appropriate government regulation to ensure their safety, soundness, and uniformity.”

Bank of Canada has already expressed its concern about digital currency, saying a few years ago that digital money popularity could reduce the effectiveness of monetary policy.

“A central bank can always get its digital currency into circulation, but its digital currency will not necessarily drive out existing private digital currencies,” wrote the authors of the paper.

Bitcoin regulation worldwide

From Poland to Denmark, from Switzerland and Japan, several countries all around the world are working on Bitcoin regulation projects.

Recently European Commission created also a task force to study and regulate digital currencies and the blockchain within the whole country.

Click here to read more about Bitcoin regulation in Europe and beyond.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio
game credits api

Gamecredits wallet: the ultimate guide about Gamecredits

A few days ago we at HolyTransaction decided to allow you to store a new digital currency on our platform, by creating a Gamecredits wallet. 

Gamecredit is a new payment gateway for the gaming industry that aims at avoid limitations and challenges linked to the traditional payment solutions.

This digital currency is backed by its blockchain (proof of work), providing gamers and gaming companies with a variety of unique benefits such as:

  • Variable coin value;
  • Security;
  • Large deposit limits;
  • Pseudononymity;
  • Possibility to transfer currency from game to game.

With a genesis block created back in 2014, Gamecredits was developed by a team of developers and game lovers that launched their innovative payment solution in the popular game called Fragoria, a 8 million player RPG (Role-Playing Game) designed by Datcroft Games.

The VP of Development at GameCredits and owner of Datcroft Games, Sergey Sholom explained:

“As a Game developer I experience many problems with traditional payment methods. These problems include chargebacks/fraud, payment processing periods, and consumer deposit limits”.

In fact, traditional payment methods often take a few days to process transactions and your deposit limits can be very low.

GameCredits allow you to process payments in minutes and give players higher purchasing power, so you can enjoy transferability and control over cash flows.

Also, according to the recent article published by Forbes you can read here, Gamecredits could be able to popularize cryptocurrencies all around the world.

In the next future, Gamecredits will also launch a new mobile store, or a blockchain based mobile game platform where you will find over 300 games from 150 different game developers. This app will be available in early second quarter 2017, as revealed in a press release.

Gamecredits Wallet

As I said, HolyTransaction is very proud to include this new digital currency among its multicurrency wallet.

From now on, in fact, you can store your Gamecredits on our platform.

Just like Bitcoin and our other digital currencies, you can now:

  • Send Gamecredits to any address, even to addresses of other cryptocurrencies with instant conversion on the fly;
  • Receive transactions;
  • Exchange Gamecredits with any supported coins;
  • Make instant transactions between HT users;
  • Get real time exchange rates on the website;
  • Set OTP for additional protection.

So, HolyTransaction multicurrency wallet can now support: Bitcoin, Litecoin, Dogecoin, Ethereum, Dash, Tether, Blackcoin and the recent added Gamecredits and Faircoin.

Open your Gamecredits wallet by clicking here.

Once you successfully enter, if you can’t see the newest Gamecredits wallet, you just need to click on the “wheel” button you find at the top right of the main page. You can find the “wheel” button to select the wallets you want to see in the main page.

 

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio
HolyTransaction add Faircoin and Gamecredits

Faircoin and Gamecredits join HolyTransaction

HolyTransaction add Faircoin and GamecreditsWe’ve been working to provide you with two new Cryptocurrency portfolio options.

As of today, you can instantly purchase Faircoin and Gamecredits through your Holytransaction wallet, transfer them to
any HolyTransaction’s user for free, and make crypto-to-crypto transfers between Faircoin, Gamecredits, and seven more cryptocurrency’s networks.

Today Faircoin and Gamecredits join HolyTransaction.

All HolyTransaction customers can create new addresses for FAIR (Faircoin) and GAME (Gamecredits) balances and use the simple HolyTransaction Web Wallet to send and receive transactions or to instantly convert them to any other cryptocurrency.

Just like Bitcoin, you can now:

  • Send Faircoin or Gamecredits to any address, even to addresses of other cryptocurrencies with instant conversion on the fly;
  • Receive transactions;
  • Exchange Faircoin and Gamecredits with any supported coins;
  • Make instant transactions between HT users;
  • Get real time exchange rates on the website;
  • Set OTP for additional protection.

If you can’t see one or both the newest digital currency wallets, you just need to click on the “wheel” button you find at the top right of the main page, once you successfully enter into your wallet.

You can find the “wheel” button to select the wallets you want to see in the main page like shown in the picture below. Click on the image to enlarge it:

Add new cryptocurrency

We’re really excited to be part of these two new communities!

Track your transaction on the Blockchain

We’ve added email notification to track your cryptocurrency’s transactions on the blockchain.

When your transaction is confirmed you will receive an email with your tx id.

 

 

Open your free digital wallet here to store your cryptocurrencies in a safe place.

admin
glasgow_digital_currency

Glasgow digital currency: hope or reality?

Soon many cities around the world will issue their own digital currency.

According to Pavel Bains, in fact, within the next 10 years we’ll see the first city that have its own digital money and that is separates from the national fiat currency.

The Blockchain Role

This could be the right time for cities to exploit the blockchain and adop their own currency.

But for a new digital currency to be adopted quickly it needs the following characteristics, according to Bains (and we tent to agree with him):

  1. Cheap: fiat currencies are very expensive to produce, manage and distribute. Conversely, a digital currency deletes all those costs and can easily be distributed;
  2. Secure: as it is digital, cryptographic and based on pure algorithms, the chance of forgery or distrust is removed;
  3. Safe: a digital currency can be backed by other assets like gold, treasury bills, foreign exchange or equities, just like fiat money;
  4. Usable: cities such as Stockholm are going purely digital, so a digital city currency could be massively adopted quickly.

The newest Glasgow digital currency

Bains is pretty sure that the first city to adopt a digital currency will be Glasgow.

This because the Scottish city failed to benefit from the England pound and it came close to a recession back in 2015.

Also, Brexit opened a real issue for Scotland’s future with the potential loss of trades. Demand for Scotland’s products is already declining: in that year there was an 11% drop in exports compared to 2.7% for the UK and with Brexit the situation can only get worse.

But Glasgow has the right tools to adopt its own digital currency. These the major reasons according to Bains:

  1. It has the regional size and population: this could make the difference compared to smaller cities such as Dundee;
  2. It has a high record of academia, government and business working together. This unity could be great to manage a new-born digital currency
  3. Glasgow has a thriving financial base, moving to 74th in the world for financial centers and this demonstrates the city has a good base and an educated population to operationalize the new digital currency system.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio
blockchain_tourism

Blockchain Tourism: a task force in Hawaii

A new Blockchain Tourism project will be created in the State of Hawaii, where legislators decided to form a new working group focused on the blockchain tech.

If approved, the House Bill 1481 will lead to the creation of a task force with the goal of researching the use and practices related to the  distributed ledger technology.

This project is sponsored by Democratic Representatives Chris Lee and Mark Nakashima.

The official bill explained:

“The legislature finds that highly innovative technologies such as blockchain require an educated and measured approach so that regulations do not stymie innovation and growth in this State.”

The long-term goal, the bill states, is to seek ways for the technology to benefit local industries, residents and the State of Hawaii.

Should the measure be approved, the working group will have to prepare a report about the potential use cases specific to the State of Hawaii.

This research would also provide information on how the state itself could leverage the blockchain.

Among the areas of interest, of course, there would be the topic of tourism payments.

The bill also suggests that Hawaii should look to the technology as a way to encoure tourists from abroad to spend, improving the local economy.

“Digital currencies such as bitcoin have broad benefits for Hawaii. A large portion of Hawaii’s tourism market comes from Asia where the use of bitcoin as a virtual currency is expanding,” the bill reads. “Hawaii has the unique opportunity to explore the use of blockchain technology to make it easier for visitors to consume local goods and services and to drive the tourism economy.”

This Hawaiian bill is only one of the latest legislative efforts to be issued regarding the blockchain technology topic.

For example, in 2016 the State of Vermont proposed to modify a few laws of the country to allow blockchain data to be valid during trials.

This Legislative record also explained that the Vermont Senate introduced another bill to edit the country’s financial regulations to account for businesses that work in the digital currencies industry.

Recently we also talked about another project related to Blockchain Tourism: read more about the newest Webject project by clicking here.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio
webjet_blockckchain

WebJet Blockchain project for travel bookings

Microsoft is working on the newest Webjet Blockchain project to allow users booking travels through the distributed ledger.

Microsoft, in fact, is testing a blockchain proof-of-concept developed together with the Australian travel agency called Webjet for a pilot that will be ready during this year.

During a speech given at the CoinDesk’s annual conference titled Construct 2017, Cale Teeter and Eric Maino, or Microsoft senior software development engineer and technical architect, commented that they think that the project, which looking for make travel bookings  easier by using a blockchain-based system, will reach its development status during the next few months.

“Webjet wanted to see, instead of everyone running their own proprietary systems, a system that connects companies they own. They’ve been running their real data through it and they’ve been finding interest discrepancies in the business, and they’re hoping to expand it out,” said Maino.

Revealed in November, the Webjet managing director John Guscic explained that the online booking system has become apt to be developed thanks to the several systems used for its business projects including the hotel room wholesaling.

“Between five and 10% of bookings can be impacted or, in other words, up to $10bn-worth of transactions,” Guscic explained in a previous statement.

Microsoft is not new to blockchain-based project. Earlier this year, in fact, the computer well-known company revealed its project called Manifest for tracking products worldwide. Read more by clicking here.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio
china_blockchain

China Blockchain project for a new digital currency

People’s Bank of China (PBOC) is working on a China Blockchain project for a new digital currency.

According to an article published by Caixin yesterday, the People’s Bank of China completed a project on 15th December during which it tested how transactions could work by using a custom blockchain system.

The test was held together with major Chinese commercial banks including Industrial and Commercial Bank of China (ICBC), Bank of China and WeBank.

The official press release reports:

“The bank suggested the digital currency would not only reduce circulation costs but also increase transparency and curb money laundering and tax evasion.”

Also, the official report just released explained that the new China Blockchain digital currency might be connected to the Shanghai Commercial Paper Exchange to create a “national platform for bank bill transactions”.

Together with this new project the PBOC will also open a digital currency research institute for which it is looking for experts in big data, fintech, cryptography and distributed ledger technology.

The official report shared by the PBOC governor Zhou Xiaochuan in February, also explained that the central bank was considering the distributed ledger as one of a few different technologies that can be allow it to create a new form of digital cash.

Also, this project coincides with the current PBOC’s investigations into the most important bitcoin exchanges of the country, an operation that started in January and that has seen several startups doing a few changes to trading policies.

Read more news about the China Blockchain projects by clicking here.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio

Microsoft Blockchain Project for tracking products

A technology originally created for NASA communication now will be used by the new Microsoft blockchain project that will help tracking products worldwide.

Microsoft Blockchain’s Project called Manifest can also help to ensure the origin of the material used and the labor used to build the products, conforming them to company’s standards.

Thanks to a partnership with Mojix, Project Manifest uses Internet of Things (IoT) platform that is currently integrated with the Ethereum blockchain to help companies to track items using  a radio frequency identification device (RFID).

This kind of implementation is able to inform each member of the supply chain about the history of a shipped product.

During a recent interview with Microsoft’s strategist Yorke Rhodes, he explained why this partnership was chosen:

“Project Manifest is actually designed to look at the challenges of visibility in the supply chain. One of the reasons why we worked with Mojix is because they already have technology and know-how in supply chains for scanning RFIDs.”

A new database to track products

An early version of the Microsoft blockchain solution now integrates Mojix’s platform, called ViZix, with a smart contracts and it was exhibited during an event held last week at the National Retail Federation in NYC.

The ViZix integration has been designed to exploit the rapidly growing rate that goods are being labelled with RFID, Bluetooth and GPS sensors.

 

 

“The consumer would like to be able to see where the goods are to make sure they’re not coming from slave labor and things like that,” said Yorke. “By way of giving consumers the ability to do that we’d like to push certain parts of the data to a public blockchain.”

Microsoft Blockchain creates new partnerships

In addition to the Mojix partnership, Project Manifest also includes work with a standards body and support from the academic sector.

In fact, Project Manifest confirmed that two professors and 10 students from Auburn University’s RFID lab will also participate to the group.

Also, the lab has been engaged with seven brands and three retailers for seeking to create new ways to deal with a recent growth in supply chain data.

This team is studying and testing electronic proof of delivery, vendor scorecarding, anti-counterfeiting, anti-grey market, and data exchange data.

And a report about these researches is expected by the end of 2017.

Read more about Microsoft Blockchain’s project here.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio
Deutsche_Börse_blockchain

The newest Deutsche Börse Blockchain project

A new Deutsche Börse blockchain project was unveiled today as the market operator revealed a new blockchain proof-of-concept to manage bank cash transfers.

The so-called ‘CollCo’ (or, ‘collateralized coin’), is the new Deutsche Börse  blockchain project created together with Eurex Clearing, or the clearing house used by the Deutsche Börse.

Using the same code of the Hyperledger Fabric project as a basis, the company wants to obtain a patent approval for this revolutionary transfer solution available thanks to the distributed ledger.

According to  the official press release shared by the Deutsche Börse, the next step is to work with customers, regulatory and central banking contacts.

This is the official description for CollCo:

“All peer-to-peer payments based on tokenised commercial bank money are accompanied by movements of collateral between the respective Eurex Clearing members using the [central counter party’s] functionality and rules.”

The press release continues by saying that the idea links together “existing and potential new use cases” as the “handling of margining requirements, credit risk free payments, and delivery-versus-payment asset/value transfer on the blockchain”.

The Deutsche Börse has spent much time during the past year  testing several blockchain use cases, including one thanks to a partnership with Germany’s central bank.

Also, in February 2016, the company partecipated at the New York blockchain startup Digital Asset Holding’s $60m funding round.

During a speech given last week, CEO Carsten Kengeter talked about the so-dubbed “Exchange 4.0” powered by next-generation technologies.

“Exchange 4.0 will use blockchain intelligently. Exchange 4.0 will convert data into investment tools. Finally, Exchange 4.0 will be as varied – and perhaps also as easy to use – as an app store,” he explained.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio