A product development and partnership milestone
Today we’re delighted to announce the first beta release of MultiChain 1.0 for Linux and Windows, after more than two years of intensive development. As we’ve said before, our definition is very specific: "beta" means that there are no known bugs or major shortcomings. So the purpose of the beta period is to ensure than any unknown issues are discovered through our own testing, as well as that of our growing user base.
The beta period will last a few months, with the final release of MultiChain 1.0 due in summer 2017. Apart from testing, we’ll also be using this time for further performance optimization. While we (and several partners) have benchmarked MultiChain at ~500 tx/sec on mid-range hardware, we’re planning to push that further for the 1.0 release.
We’re also announcing the addition of 14 companies to the MultiChain Platform Partner Program, bringing the total number to 27. The new members include three multinational consultancies: Boston Consulting Group, PricewaterhouseCoopers LLP and Worldline. Eleven other smaller companies, many of which are focused on blockchain application development, have also joined: Auxesis Group, Crossword Cybersecurity, Cryptologic, Enuke Software, Enuma Technologies, InfoCorp Technologies, Kunstmaan, Minddeft Technologies, Primechain Technologies, RecordsKeeper and Satoshi Citadel Industries. The partner program involves both technical and marketing cooperation, including a listing on the MultiChain website, which now receives over 25,000 visitors monthly.
Apart from partners using MultiChain to deliver client projects, we’re also seeing a different type of collaboration emerge, where software vendors integrate MultiChain into their platform to enable peer-to-peer data sharing and collaboration. Today we’re pleased to jointly announce that we’re working with Seal Software, the market leading platform for contract discovery and analytics. Seal will leverage MultiChain to allow a multiparty contract’s terms and conditions to be shared, negotiated and managed directly on a peer-to-peer basis between the parties involved. This follows our recent announcement of a similar collaboration with Wolfram Research, the company behind Mathematica.
Thank you for joining us on our journey so far. The full text of today’s press release is included below.
MultiChain Adds New Partners and Enters Beta
March 30, 2017 – Coin Sciences Ltd is delighted to announce the addition of fourteen companies to the MultiChain Platform Partner Program, a new collaboration with Seal Software, and the first beta release of MultiChain 1.0.
New members of the Platform Partner Program include three multinational consulting companies: Boston Consulting Group, PricewaterhouseCoopers LLP and Worldline. Eleven other smaller companies have also joined: Auxesis Group, Crossword Cybersecurity, Cryptologic, Enuke Software, Enuma Technologies, InfoCorp Technologies, Kunstmaan, Minddeft Technologies, Primechain Technologies, RecordsKeeper and Satoshi Citadel Industries. This brings the total number of program members to 27, which includes founding partners Accenture, D+H and Mphasis. A full list is now available at: http://www.multichain.com/platform-partners/
Coin Sciences Ltd is also pleased to announce a new collaboration with Seal Software, the award winning platform for contract discovery and analytics. Seal is to integrate MultiChain as a key component of its platform, combining Seal’s machine learning framework for intelligent contracts with MultiChain’s advanced streams functionality. This will enable a single view of a multiparty contract’s terms and conditions to be shared, negotiated and managed on a peer-to-peer basis between the parties involved.
Together with these new partnerships, Coin Sciences is today announcing the first beta release of MultiChain 1.0 for Linux and Windows. The beta release represents the culmination of over 2 years of intensive development, driven relentlessly by feedback from developers building on the platform. During the beta period, additional testing and optimization will take place, with the final version 1.0 release due in summer 2017.
“Since launching the platform partner program in October, dozens of companies have reached out to us,” said Dr Gideon Greenspan, CEO and Founder of Coin Sciences Ltd. “Many had already built projects for their customers on MultiChain, and welcomed the opportunity to create a formal relationship. Others, such as Seal Software and Wolfram Research, sought to integrate MultiChain into their software platforms to enable peer-to-peer data sharing and collaboration. With version 1.0 of MultiChain now entering beta, we look forward to continued cooperation with all our partners, helping them leverage MultiChain for their customers’ needs.”
“Bringing two advanced technologies together like this takes the use of AI- based contract analytics to a whole new level,” said Kevin Gidney, Seal Software’s CTO and co-founder. “I am delighted to be working with Coin Sciences and their MultiChain platform on this opportunity.”
“Joining the MultiChain Platform Partner Program underpins our commitment to maintaining a deep understanding of the different blockchain fabrics available, helping us advise our clients on electing the right solution,” said Seamus Cushley, Director of the PwC EMEA Blockchain team. “PwC has developed blockchain solutions across a wide range of industries with a number of underlying fabrics, including successful engagements using MultiChain. Joining this program offers us early access to releases and priority access to their internal engineering team and we look forward to working with Coin Sciences more closely in the future.”
“We are very pleased to partner with Coin Sciences Ltd,” said Kaj Burchardi, Managing Director of Boston Consulting Group’s Platinion Netherlands division. “In our experience, the MultiChain platform provides an efficient opportunity to implement use cases in permissioned distributed ledger environments. We are convinced that the recent open source code release will give the platform another push in terms of implementations.”
“We are using MultiChain for building several blockchain powered solutions, including shared KYC / AML, syndication of loans / consortium lending, trade finance, asset registry, asset re-hypothecation, secure documents, cross-border payments and peer-to-peer payments,” said Shinam Arora, CEO of Primechain Technologies Pvt. Ltd. “We find MultiChain very powerful yet easy to use.”
Please post any comments on LinkedIn.
All Eyes on Ethereum
One Ether now costs more than US$3000. Did you ever think you’d see the day?
You gotta hand it to the crypto markets: in some ways they’re comically predictable. A month ago, Ethereum was everyone’s favourite whipping boy, a bloated, expensive under-achiever that couldn’t even double its 2017 all-time high. Lol what a weakling.
And with competitors like Cosmos, Solana, Polygon and Polkadot nipping at its heels, perhaps this was the beginning of the end for the network that gave us smart contracts, ICOs, ERC-20 tokens, DeFi, yield farming, NFTs and, to be honest, the entire idea that blockchain was a multi-functional and era-shaping technological breakthrough that you ignored at your peril.
How things have changed. On Monday Ethereum blasted through the US$3000 mark like it was barely there, throwing on an extra 15% while it was at it. The network is now worth a shade under US$400 billion, putting it on par with Mastercard and Walmart, and officially making Vitalik Buterin, the 27-year-old prodigy who created Ethereum, a bona fide billionaire. So, is this how the Flippening begins?
Network to net worth
Due to the speed with which things move in crypto, we tend to underestimate some of the metrics that actually speak to a technology’s success. The new shiny thing is almost always more exciting than some dusty old contraption built in the positively prehistoric year of 2015. Did they even have electricity back then?
But Ethereum stands out from almost all other blockchains in that it’s already being used, at scale, by millions of people and companies. While that may seem like Business 101 – get more customers, be more successful – when it comes to blockchain usage is a particularly powerful factor because of the way it harnesses network effects to improve the value of the system itself. Use it more and the whole system becomes more valuable, both financially and practically, for the network’s users, miners, stakers, investors and developers. Oh, and Vitalik, of course.
How far we’ve come
Ethereum’s issue has always been its inability to scale. If you can’t handle hundreds or even thousands of transactions a second, then you’re not really fit for purpose as a global computer. The result for Ethereum has been a year of increasing network congestion and brutally high transaction fees. Yet the fact that so much continues to be built and transacted on Ethereum tells you exactly how strong these network effects already are.
There’s also an increasing focus on three major changes to the Ethereum network due to arrive before the end of the year:
- EIP-1559: Lifts one of DeFi’s major innovations in the field of ‘tokenomics’ by implementing a token burn system on every transaction. You use the Ethereum network, you burn some ETH, never to be seen again.
- Optimism: due for a full launch in July, the Optimism sidechain should significantly improve the speed of Ethereum by leveraging largely incomprehensible processes such as ZK-Rollups and Sharding. It’s already being used by the Synthetix protocol, where it has saved users over $10 million dollars in transaction fees.
- Ethereum 2.0: This is the big one, Ethereum’s transition from Proof-of-Work to Proof-of-Stake. It’s been coming for years, but the importance of the change cannot be overstated. Already more than 4 million Ethereum are being staked on the Ethereum 2.0 contract, offering an insight into how much ETH might fall out of circulation once the entire thing goes live (potentially in November).
In short, Ethereum is just getting started. The price might seem gaspingly high right now, but remember that Ethereum isn’t trying to be Walmart or Mastercard. It wants to be the thing that Walmart and Mastercard are built on – and that’s a prospect worth having a stake in.
CARBON: A perfect avenue for showcasing talent
Creative professionals sometimes find themselves figuring out where to showcase their creations and profit from them.
It’s a tough situation to be in. But with CARBON, the dilemma is lessened.
CARBON creates an avenue that gives creators both a place to show off their talents and a chance to earn money.
CARBON features an ecosystem of a global scale that integrates open finance, fashion, art, music, and non-fungible tokens (NFTs).
One of its objectives is to enable a community that can inspire, support, and reward professionals.
What the CARBON marketplace looks like
As what an ideal marketplace should be, CARBON has a lot to offer, helping emerging brands and artists have a shot even at the highest levels of competition they have to deal with.
Items related to fashion, art pieces, music, and digital assets such as NFTs are offered in the CARBON marketplace. A dedicated team will carefully select these products.
The market will also see exclusive collaborations featuring various artists and brands for physical commodities and digital items that will be dropped on a weekly basis.
As for its audience, they should prepare for a diverse experience brought by a market evolving into a global ecosystem.
CARBON was founded by Chad Pickard who also acts as its Chief Executive Officer (CEO). It is an open finance wallet and super ecosystem that is built for the whole world of fashion, art, music, and culture while also integrating digital assets through NFT offerings.
It has its native token, the $GEMS, and its wallet integrates Neobank functions like the financial technology company Revolut and a non-custodial smart wallet for decentralized finance (DeFi) and cryptocurrencies.
This integration allows users to hold fiat (government-backed) and digital currencies as well as NFTs in a single platform.
The wallet is linked to the market, giving users the ability to directly select items that they desire.
CARBON doesn’t just work as a marketplace where purchases can be made, but also as an avenue where professional creators get to showcase their talents and inspire others to promote their own. It provides them with a winning environment.
How Tokenplace can help crypto traders get the best buy and sell prices
Any seasoned crypto trader knows that the price of a digital currency can vary across different exchanges worldwide.
Thus, one of the basic strategies for investing in digital currencies is to scout for the best buy or sell price and that’s where Tokenplace comes in.
Access to different crypto exchanges via one platform
To take full advantage of the price variance across exchanges, some traders often resort to opening accounts on different platforms. But Tokenplace eliminates this need because the platform allows one to access different exchanges worldwide.
This means that a user will only need his Tokenplace account and password to gain access to the entire crypto market. This is a lot simpler compared to having to main multiple accounts and passwords for other exchanges for different trading pairs.
Tokenplace is basically an online trading platform and exchange aggregator. With its automated order-splitting, orders are automatically broken up to ensure that traders get the best price for every coin they want to trade.
Easy to use and features-packed trading terminal
Tokenplace is also very appealing to newer investors because it is very easy to use. For instance, users will only need to access a single window for their deposits, withdrawals, trading, and exchanging.
The platform can be accessed from both desktop and mobile devices. Tokenplace’s onboarding and one-time registration process are also one of the quickest in the industry.
Tokenplace uses advanced algorithms for its multi-exchange order splitting feature. With this high-tech tool, users can get the best buy and sell price every time they trade.
IMPORTANT NOTE: This is a paid press release, which BitcoinerX has posted as part of a commercial agreement. BitcoinerX is not responsible for producing this content and does not endorse the products or services mentioned. It is the responsibility of the company posting the press release to ensure the material is credible and accurate. BitcoinerX is not responsible for any damage or loss caused to anyone who chooses to use the company, product or services mentioned in the press release. BitcoinerX does not recommend using the information in the press release to form the sole basis of investment decisions.
Mastercard adds 6 blockchain payments startups to accelerator program
Major Law Firm CMS Adds Stratis (STRAX) to its Legal Accelerator Program
Starcoll To Issue Limited Edition Star Wars Collectibles as NFTs
Pro traders buy the Bitcoin price dip while retail investors chase altcoins
S&P DJI Releases Bitcoin and Ethereum Indexes
eBay could add a crypto payment option, says CEO
China’s Central Bank to Partner With Alibaba’s Ant Group on Digital Yuan
Bitcoin Miners Moving Away from China, F2Pool Observes
Iranian companies can now pay for imports with officially mined cryptocurrencies.
‘This ain’t no game’ as DOGE briefly flippens Nintendo and takes #4 spot from XRP
CBDCs Could Harm Bitcoin But BTC May Replace Gold as a Store of Value: Deutsche Bank
The Reason for Ethereum’s Recent Rally to ATH According to Changpeng Zhao
Here Is Why XRP Volume Has Recover Across Payment Corridors
Bybit Launches Ether (ETH) Cloud Mining Service as Demand Booms
Another XRP lawsuit update: SEC accuses XRP Holders of ‘reciting’ Ripple’s litigation position
Qredo raises $11M in seed funding to launch new cross-chain asset management infrastructure
S&P launches cryptocurrency indexes, debuting with Bitcoin and Ether
Singapore’s largest bank posts tenfold crypto volume growth in Q1 2021
eBay is Considering Adding Crypto Payments & NFT Sales
Modulus’ crypto exchange enhancement to eliminate money laundering in P2P transfers
Blockchain1 week ago
Government Blockchain Association (GBA) announces the first release of “The Impact of Cryptocurrency Adoption on Government”
Blockchain1 week ago
University of Zurich Adds Cardano to their Blockchain Curriculum for 2021
Blockchain2 days ago
Mastercard adds 6 blockchain payments startups to accelerator program
Blockchain1 week ago
Aave v2 launches liquidity mining program targeting stablecoin borrowers
Blockchain6 days ago
Australian senate committee calls for national blockchain land registry
Blockchain1 week ago
Residents of Caribbean island can conduct local transactions using Bitcoin
Blockchain6 days ago
100M euro digital bond was a CBDC test, says Banque de France
Blockchain5 days ago
The Crypto Weekly Recap: ETH Eyes $3000, Bitcoin Dominance at 33-Month Low