Category Archives: Blockchain

Reddcoin partners with Local World Forwarders

LWF partners with Reddcoin.

Reddcoin one of the world’s most promising Cryptocurrency companies has partnered with Local World Forwarders (@lwf_ico), the first decentralized platform in the world based on technology.

is now accepted in the and will be integrated into the P2P delivery platform. https://www.lwf.io

In trading earlier today Reddcoin was up nearly 200% in 24hours.

Reddcoin can be obtained through the Cryptopia site for Australian and New Zealand investors. (Sign up here).

LWF Business Model

Reddcoin is the social currency that enriches people’s social lives and makes digital currency easy for the general public.

Reddcoin plans to achieve this by integrating a digital currency platform seamlessly with all major social networks to make the process of sending and receiving money fun and rewarding for everyone

 

Cryptopia growing at staggering rate

Christchurch based Cryptocurrency platform shows that it is going through some growing pains – but seems to be coping.

Cryptopia has had explosive growth this year, we’ve gone from 2 full time employees managing 200 coins on 15 servers with 3,000 users and 200 concurrent sessions, to 12 full time employees and a number of contractors managing 550 coins on 50 servers with 250,000 users and 30,000 concurrent sessions. This growth shows no signs of slowing down.

Cryptopia offers a lot of altcoins and some other services, like an online store where you can buy items.

The company also offers New Zealanders a relatively easy access to the world of cryptocurrencies, via its banking service.

While Cryptopia is mainly an exchange, the rest of the functionality is highly integrated. If you are used to dealing with streamlined software, this offer probably wouldn’t be for you. On the other hand, if you like reading through dozens of forum or Reddit posts, you may enjoy the community at Cryptopia.

Here are the pros and cons:

 

Pros Cons
A lot of altcoins available Security concerns in the past
Accepting fiat currency (from NZ) Banking only available to clients from New Zealand
Competitive fees A lot of confirmations required for altcoins (slow deposit times) Poor charting
Forum

How to Manage a Future of Abundance

The influential economic theorist Jeremy Rifkin looks ahead to a world of virtually free energy and zero marginal cost production, and to a desperate race against climate change.

Most people in the business world are aware of …

(1) the convergence of computer and communications technology,

(2) the shift in energy from fossil fuels to renewables,

and (3) the movement toward self-driving vehicles and robot-driven manufacturing.

But only a few people are thinking intensively about how all these technological changes will fit together — along with changes in advanced manufacturing, water systems, agriculture, healthcare, and education — to generate rapid, widespread growth accompanied by a dramatic reduction in ecological footprint.

This systemic approach to the industrial future is the domain of economic theorist Jeremy Rifkin

He argues, for example, that both capitalism and the fossil fuel industries are hitting limits that stem from the laws of thermodynamics.

Investor-based capitalism, which focuses resources for immediate returns,…

will inevitably be replaced by a more distributed and streamlined network-based capitalism, alongside a sharing economy governed by a high-tech global commons.

According to Rifkin, this new hybrid economic system will be made possible through the provision of solar, wind, and other renewable energy on demand, facilitated by innovations such as the Internet of Things and blockchain.

In the world he envisions, the costs of producing and delivering an increasing array of goods and services will dwindle to near zero, and economies will have to learn to manage abundance — and the use of shared goods and services.

These shifts will happen during the next 40 years or so, he says, unless they are cut short by the exponentially increasing dangers of climate change and species extinction.

Even those who do not agree with Rifkin’s theory that capitalism is in the midst of a fundamental transformation must respect the exponential power of the forces he is tracking.

Intelligent technology, in particular, is expanding at an ever-increasing rate, lowering costs, replacing human labor, tracking human activity, and making many new things possible — which could be the “dark net” of authoritarian surveillance or a broadening of wealth and quality of life.

To read the full interview go to Strategy and Business site here.

RIFKIN: A new technological infrastructure is gradually coming together, brought on by digitization. The process began with the maturation of the communications Internet over the past 25 years.

Now this is converging with a second Internet, this one for renewable energy. It’s a new digital power grid, stretching across continents, which allows millions of people to produce their own wind and solar electricity and send their excess power generation back into the system.

Both of these Internets will converge, during the next decade, with an emerging digitized mobility Internet composed of increasingly autonomous electric and fuel-cell vehicles operated by near-zero marginal cost renewable energy on smart road, rail, water, and air systems.

These three systems will allow people to share communication, energy, and mobility partially in the capitalist market and partially in the emerging sharing economy.

EV fast charging – Blockchain and IoT – Singapore

Singapore Startup Blockchainfirst on Jan. 26 launched a blockchain-enabled EV/multi-purpose charging station that accommodates electric cars, motorbikes and bicycles. The “Ethan BIoT Charging Station,” as it’s been dubbed, is the first of a planned series of blockchain-enabled commercial products the company intends to introduce this year.

Intended for use by by governments (B2C), companies (B2B/B2C) and individuals (P2P), Ethan BioT Charging Stations have four main features, Blockchainfirst founder Juergen Schaar explains in a Jan. 26 news report:

  • Fast-charging of electric vehicles (EVs) “Type 2 IEC 61851–1” e.g. BMW i3 or Nissan Leaf
  • Charging of electric motorbikes and bicycles
  • Payment with cryptocurrencies like Bitcoin and Ether, either via a standard Wallet App e.g. Jaxx or via RFID/NFC Card
  • An optional, built-in IoT OIracle with as many as six sensors for capturing environmental data, such as nitrogen dioxide (NO2), temperature, humidity, acoustics, light and pressure.

Several distinct modules and components go into manufacturing of Blockchainfirst’s Ethan BIoT Charging Stations:

  • A charging controller for the charging cycle and communication with the car
  • Electrical components e.g. relays, power supply, etc.
  • An industrial Ethan BIoT© Device
  • The optional IoT Oracle for capturing environmental data.

At the system’s core is a custom-designed industrial SOC (System On Chip) with cryptographic functions built in.

The Singapore-based blockchain product/systems developer and consulting company introduced a set of Ethan BIoT devices at International Blockchain Week 2016 in Shanghai. This included a connected remote control gate/door opener, vending machine (candy), smart electricity meter and light bulb, Schaar noted.

Positive feedback received from exhibition/conference participants, the blockchain development community and others served to confirm Blockchainfirst’s belief that the organization was on the right track. That led the company to invest more in developing practical, easy-to-use blockchain-enabled products, Schaar recounted.

Blockchainfirst isn’t the first to introduce a blockchain-enabled electric vehicle (EV) charging station. Germany’s Slock.it launched a beta version of its Share&Charge peer-to-peer (P2P) EV charging station and mobile app last September.

Both Blockchainfirst and Slock.it used the Ethereum platform to develop their EV charging station blockchains.

Ultimately, we aim to extend this concept to bring value to operators of mobility services, to easily share or rent their mobility assets, including energy, parking spots, and eventually even the vehicles themselves

Slock.it co-founder and COO Stephan Tual

…and for Distributed Energy Microgrids

Innovators are combining blockchain and IoT tech elsewhere in the power-energy sector, particularly in the distributed energy-microgrid market space. ¨The earliest adopters of blockchain will likely not be utilities, but other stakeholders,” Navigant Research principal research analysts and report authors Stuart Ravens and Neil Strother wrote in recently released market research.

“At present, those leading the research into blockchain are the owners of distributed energy resources (DER) and startups seeking to sell directly to them.¨

One promising application is using blockchain apps, smart contracts and distributed databases to integrate distributed energy resources into micro- and larger power grids, E7 Ventures founder and CEO David Cohen explained in a Microgrid Media interview.

¨Blockchain technology can be used to synchronize both real-time pricing signals for fast-response grid services with real time phasor control systems in order to balance microgrid operations with the distribution system and wholesale market operations,¨ Cohen said.

¨In essence, blockchain can provide the visibility and accountability to enable transactive energy systems by integrating both electrical, ‘cyberphysical’ and financial systems.”