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Showing posts with the label blockchaintechnology

Ethereum Development Services-Crypto App Factory

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Ethereum is an open software platform based on Blockchain technology that facilitates development of Smart Contracts and Distributed Applications (ĐApps). Interestingly, such applications can be run without any downtime and is assured to be fraud free via Smart Contracts Audits. Thousands of different applications are developed on this platform. Why Ethereum? Ethereum provides a platform for initial coin offerings(ICO) and dApps, with over 50% market share for ICO and more than 350 dApps live with more coming!. It runs Smart Contracts for creating a very reliable application which can be applied to use-cases ranging from crowdfunding, wills, registries of debts or promises, finance, etc. DApps and Smart Contracts Development We are one of the most sorts out companies when it comes to creating Decentralized Applications (DApps) on the Ethereum platform. Every Ethereum Developer here has sound knowledge in Solidity programming. Writing intelligent Smart Contracts is...

Facebook’s Libra Coin

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What is Libra Coin? Libra will be created only when users buy coins with real money.   Libra is first and foremost , a cryptocurrency created to let people access and participate in the Libra Network. Users shall be able to exchange fiat currency into these digital currencies and use them in online transactions. Libra is built on an open-source blockchain called the Libra Blockchain featuring its own proof-of-stake protocol. The Libra mission is to reinvent money and transform the global economy so people everywhere can live better lives. Things you Need to know about Libra The Libra Association is made up of reputable partner companies such as MasterCard, Visa, PayPal, Uber, and many others. These companies shall work together to ensure payment processes are faster, more accurate, and safer than existing financial technology by using Blockchain Technology. Libra is fully backed by a reserve of real assets. A basket of bank deposits and short-term government se...

Asset Tokenization -Crypto App Factory

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Asset tokenization is a new concept that uses digital tokens to fractionalize ownership of assets such as property, jewellery or fine art and smart contracts on block chain to manage these ownership rights. Being able to tokenize assets opens up new alternative investment opportunities for asset managers and their clients, but today, the business and technology infrastructure is not in place to be able to manage tokenized assets within the portfolio Management System. There are about Four Kinds of tokens: 1.     Payments or Platform Tokens These are cryptocurrencies used as a means of payment in the digital space, the likes of Bitcoin , Ether, and Lite coin etc. 2. Utility Tokens: These tokens are simply app coins or user tokens. They enable future access to the products or services offered by a Company. Therefore, these tokens are not created to be an investment and does not require strict levels of Compliance .This is very rampant in the World of...

Initial Coin Offering Vs Initial Exchange Offering – Crypto App Factory

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Initial Coin Offering (ICO) Initial Coin Offering (ICO) is the Cryptocurrency equivalent of an Initial Public Offering (IPO), where a company goes from private to public status by selling shares for equity. This is typically done to get funds without the need to go to a Venture Company (VC) or bank. An ICO solves the basic problem of initial coin distribution. An initial coin offering is similar in concept to an initial public offering (IPO) , both a process in which companies raise capital, while an ICO is an investment that gives the investor a crypto coin, more commonly known as a coin or a token in return for investment, which is quite different to the issuance of securities as is the case in an IPO investment. ICOs are easy to structure because of technologies like the ERC20 Token Standard , which abstracts a lot of the development process necessary to create a new cryptographic asset. Most ICOs work by having investors send funds (usually Bitcoin or ether) to a...