PERSONA : your own digital self

Persona​ represents the solution for identity management, aligned with the latest data protection regulations. Its scope is to empower the individual and grant them the control over their personal data as well as the means to secure access to their private details.

The main goals of Persona are:

1. To ​ leverage on identity management services​ for the individual based on what the blockchain technology can offer
2. T​o​ protect individuals personal details​. While it is obvious that individuals need to provide their details to various entities(Facebook, Google or any website they visit), they have no control over it after sharing. Persona puts individuals back in the driver seat
3. To ​empower each person​ and to give them the power on what it shares and with whom when it comes about their identity and private details
4. To ​allow entrusted third parties which with private details​ to enrich their services by offering trust as a service
5. To ​prevent fake news​, by providing a decentralized identity management system, Persona will provide the trust level we all need when we rely on news; based on the public Persona profile of any content creator, we can track down news to their source
6. To​ streamline onboarding process​ since an individual might be already checked by some entity enrolled in the system

SOLUTION

Overview

Persona is designed as a decentralized application with no single point of failure, keeping all records encrypted. The individuals have the control over the granularity of the details they want to share, with whom they are sharing it  and for how long. With the launch of Bitcoin in late 2009, Satoshi Nakamoto offered a glimpse of the underlying technology that powers its decentralized network, ​ the​ blockchain​.

The main strong points which the blockchain technology offers are :

1. Replace the middleman:​ There is no need anymore of a trustful side, one that can be and is trusted by both sides involved in a transaction
2. Decentralization:​ there is no single point of failure, while attacking the network is virtually impossible
3. Immutability:​ a record written on the blockchain is there forever, unalterable

Persona leverages the blockchain features, allowing a company to offer KYC services to third party as well as benefiting from each other’s services. The verification process has two levels: Community and Professional KYC.

Persona KYC Types

The first level is represented by the ​community​ where the identity is checked by peers. It represents a common effort, where people are encouraged to validate each other’s identity. They will have to confirm the authenticity of  documents and identity of the people applying to be checked.

The people who offer verification services will be displayed on the Persona website. They will be rewarded for the verification services by receiving  PRS. The threshold for verifications is illustrated below.

Security and Data Safeguarding

Given the fact that there are two components of the product, layered on top of each other, Persona is safe to use.When registering with a provider, the physical presence of the individual is a prerequisite in order to share their data with the company.

Persona is composed of three segments:

- The blockchain which holds the transaction data and IPFS for storage

- A web app and dashboard for the individual to use

- A mobile app which helps data management

The mobile application’s security is based upon:

- PIN-based login

- Optional fingerprint scan

The Web application’s security:

- 2FA Authentication

Once the user creates his identity, the data stored is secured by the cryptographic algorithms of the blockchain. There are numerous reasons why blockchain is more secure than a centralized application: lack of a single-point of failure, no-prone to human errors or data stealing, etc.

Technology and Architecture

Blockchain Design

According to  the UK Government, the distributed ledger technology is already having a profound impact on how private companies manage data and interact with customers and suppliers. If applied within government it could reduce costs, increase transparency, improve citizens’ financial inclusion and promote innovation and economic growth.

The Persona Blockchain represents a DPoS system with 51 delegates which makes use of the Ark technology (Persona is a fork of ARK, following ARK’s vision of point.click.blockchain​ approach). The number of delegates has been set to 51 in order to support the estimated number of nodes and transactions for the first year.

If the number of Pesona users will increase to a value greater than 1,000,000, an update proposal will be published and discussed in the community so the number of delegates can be increased. This approach is taken in order to ensure the necessary scalability for Persona. Based on the technical description of the ARK blockchain is as follows:

• DPoS (Delegated Proof of Stake):

                - 51 active forging Delegates

                - Delegates selected by vote mechanism built into DPoS

• 100 Million PRS - Seeded Genesis Block
• Multi-signature accounts

The block reward and inflation graph are illustrated below :

Token Design

The PRS token is an utility token that is used by the platform in order to issue verifications. For each verification PRS tokens are used. The tokens circulate in the environment and they will be forged through a DPoS system with 51 delegates, similar to Ark.

When verifications take place and the initiator is a private partner, they will pay PRS tokens for the verification. The verification price will differ based on the complexity of the verification.

Business Plan

TGE Timeline and Token Allocation

The Token Sale for Persona will take place following the phases illustrated below:

The seeded number of tokens will be 100,000,000. ​ The price for one PRS token during the TGE is $0.2.​ The total allocation is:

• 70,000,000 PRS​ allocated for the TGE
• 15,000,000 PRS​ allocated for the team composed of the co-founders. The tokens allocated to  the team will be vested over a three-year period, split into yearly payments as following:

                - 10% at Genesis;

                - 30% after 12 months;

                - 30% after 24 months;

                - 30% after 36 months;

• 12,000,000 PRS​ allocated for the Persona Startup Fund;
• 1,000,000 PRS​ allocated for the advisors. The tokens allocated for the advisors will be vested over a period of 6 months;
• 1,500,000 PRS​ allocated to the bounty.
• 500,000 PRS​ allocated for the escrow services (performed by ​Ark​)

There are ​70,000,000 PRS​ allocated to the TGE, split into one Private Sale and a three-phase Public Sale, as explained below:

FOR MORE INFORMATION :

Website         : https://persona.im/

Whitepaper  : https://persona.im/documents/whitepaper-v1.pdf

Twitter          : https://twitter.com/PersonaIam

Facebook      : https://web.facebook.com/personablockchain

Telegram      : https://t.me/personablockchain

My Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1210304

Bitcoin Atom (BCA) : brings a truly decentralized way of digital asset exchange with on-chain atomic swaps on board

BITCOIN ATOM

Bitcoin Atom (BCA) is a SegWit enabled Bitcoin fork with on-chain atomic swaps on board and hybrid consensus. Bitcoin Atom enables truly decentralized digital asset exchange by utilizing hash time-locked contracts (HTLCs) and its own HTLC API, giving independence from intermediaries and any centralized entities.

Bitcoin Atom’s development team is working on a special embedded toolkit for both on-chain and off-chain atomic swaps, allowing for exchanging any cryptocurrencies in a hassle-free way across different blockchains. Lightning Network off-chain swaps scheduled to be launched in 2018.

FEATURES

• Hybrid Consensus

BCA network is additionally secured by utilizing the so-called hybrid consensus: both PoW and PoS models are put in place, increasing network stability and reducing the power of miners, hence lowering the 51% attack probability.

• Lightning Network Swaps

Bitcoin Atom development team is working on the LN implementation, allowing for instant off-chain atomic swaps. LN transactions are cheaper, more useful for smaller transactions and have better privacy properties.

AND ESPECIALLY

• Atomic Swap Powered

by using built-in hash time-locked contracts (HTLCs) and its own HTLC API, Bitcoin      Atom attempts to disrupt the way we exchange cryptocurrencies today, giving independence from intermediaries and any centralized entities.

Why Are Atomic Swaps Better Than Trading On Exchanges?

rading on centralized exchanges is a popular topic among cryptocurrency community members, especially with growing trading volumes and prices of cryptocurrencies, led by Bitcoin.

However, the discussions can often revolve around the issues that exchange users face, due to the number and complexity of the steps involved, and the various issues that can arise.

The typical process of trading on third party exchanges includes the following steps:

1. registration

2. verification

3. verification processing

4. depositing your exchange account

5. placing an order

6. making withdrawal

7. withdrawal processing

8. receiving coins

All these steps can take a substantial amount of time, typically from 3 to 5 business days, depending on the exchange provider.

Now let’s take a closer look what is the process of exchanging cryptocurrencies via Atomic Swaps:

1. placing your order inside your node
2. receiving your exchanged cryptocurrency

You’re able to conveniently open your BITCOIN ATOM node and directly place a sell/buy order without any hassles or middlemen.

It’s that easy and fast to use Atomic Swaps, because you’re able to skip almost all the steps required by third party exchange providers.

And Atomic Swaps not only make trading and exchanging faster, they also offer other advantages over centralized exchanges.

Key Advantages of Atomic Swaps Over Centralized Exchanges

• FASTER Trades

• ELIMINATE delays (caused by missing deposits/withdrawals, server downtime, etc.)

• RETENTION of your private keys, preventing the chance of losing your coins (i.e. Mt. Gox).

• MINIMIZE potential security breaches.

• KEEP your identity private (no verification process).

• DECENTRALIZE the whole trading process making it truly peer-to-peer.

• REDUCE trading fees to minimum.

Stay tuned for the release of Bitcoin Atom, which fulfills the true spirit of decentralized Bitcoin, while immediately increasing speed, convenience and security for you.

Welcome to the “Atomic Age of Bitcoin”!

 

The Bitcoin Atom hard fork took place as expected at block number 505888.

Welcome to the Atomic Age of Bitcoin

What does that actually mean?

On October 31, 2008, Satoshi Nakamoto published the original Bitcoin white paper, which stated in part:

“What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party.”

In January, 2018, is that what we generally find? We do not. The vast majority of Bitcoin transactions take place through centralized or centrally-managed exchanges or other types of “trusted third parties”.

In the opinion of the Bitcoin Atom team, this directly negates not only the original vision of Satoshi Nakamoto, but even more importantly, it directly detracts from the power and potential of Bitcoin to be a truly revolutionary change that positively impacts, literally, billions of people, over time.

How Do We Restore The Peer-to-Peer (P2P) Aspect of Bitcoin?

Bitcoin Atom (BCA) restores the peer-to-peer (P2P) aspect of bitcoin with Atomic Swaps and Lightning Network capability embedded directly into the coin. Per our roadmap, available at https://bitcoinatom.io/ some of these capabilities are onboard now, and some are coming soon.

How Can You Get Bitcoin Atom?

If you hold Bitcoin (BTC), you can get an equivalent amount of Bitcoin Atom (BCA) from one of our exchange or wallet partners. And whether or not you hold Bitcoin (BTC), you can purchase Bitcoin Atom (BCA) from any of our exchange partners. Please see the full list of current Bitcoin Atom exchange and wallet partners at https://bitcoinatom.io/

 

FOR MORE INFORMATION :

Website      : https://bitcoinatom.io/

Facebook   : https://www.facebook.com/atombitcoin

Twitter       : https://twitter.com/atombitcoin

Telegram   : http://t.me/bitcoinatom

Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1210304

eBit Payment : First wallet in history which exchanges the best FIAT currencies into most popular cryptocurrencies

Technological development in the field of finance is currently one of the most important topics. No wonder - it finally creates virtually unlimited possibilities. Imagine that from now on you can be part of it along with us. Our goal? Innovative payment solutions that guarantee you comfort and convenience. eBit will open for you a world of competitive foreign currencies, fast and cost-effective international bank transfers and payment cards with limit linked to the rest of your accounts. This is the scale of services that traditional banking has guaranteed so far. 

Today, thanks to the ICO capital, these opportunities will also be available to you. Blockchain technology has transformed our money into cryptocurrencies such as Bitcoin. Although the beginnings were modest, today the cryptocurrencies market is worth more than $ 220 billion - of which Bitcoin represents nearly half. Many companies use this fact only on a limited basis, focusing only on money transfers or loans. eBit takes it a step further. 

What is eBit Payment?

Especially for You, we want to reduce the cost of banking. It was for this purpose that we established eBit - The system for processing payments, built in the blockchain era, which limits the number of middlemen. How does this change benefit You?

So far, the financial services sector has been dominated by companies based on a large number of intermediaries. eBit Payments reduces this number to the necessary minimum, which translates into significant cost reductions.

The Problem

In our current age of globalization and travel, simple forms of payment have become much more problematic to find. This is mainly due to the vast amount of already existing currencies. Every single day, millions of people travel, exchange currencies and are forced to pay ‘the spread’ (a difference between the buying and selling price which allows parties such as large banks and cash exchanges to make a profit).

For example, a simple transaction can have a spread, as high as 12% of the total transaction value, and may have to go through a number of intermediaries, for which the individual must always pay.

The Solution

eBit Payment LLC, offers exchanges, including crypto-currency exchanges, without unnecessary third parties. eBit payment will also offer its own token. We gradually plan to extend usage of our tokens - through ebit coins. 

Generally, the goal and the desired effect is to have just one party in the middle — eBit payment. That means, exchanging currencies with the smallest possible spread — a maximum of 0.99%, which is, compared to some other solutions, dozens of times less.

Internally, each user’s account will be displayed in ebit crypto-currency and all transactions will be sent to any of the user-specified currencies, which include various supported crypto-currencies.

A simple scheme of how a transaction instance works:

eBit Payment overview

Vision - eBit Payment - the solution to your payment problems in modern society eBit Payment offers a solution to the problem above - it is the first system to connect payments in classic FIAT currencies with crypto-currencies. We have dubbed it, a personal online currency exchanger in the form of a payment card.

Technological development, specifically in the finance field is currently one of the hottest topics, and with no surprise - it practically creates infinite possibilities.

We created and we innovated, and now we finally have a solution that can guarantee users the simple comfort of usage. eBit Payment will allow the possibility to make fast and affordable international bank transfers and quick purchases with payment cards, that can be managed through the use of an Android or IOS phone. This scale of services can’t be found anywhere else, not even in traditional banking. From now on, thanks to the ICO capital, this capability will also be available for our average users.

eBit Payment is not a bank, it offers much more than standard bank products - the ability to have all your transactions, accounts, and currencies in one place, paying only the minimum price for exchanges, transfers or card payments. Some of the typical features will stay of course. Users will be able to transfer money between each other as well, on top of receiving and sending standard transfers, in all currencies, in real time.

Basic functionality of eBit Payment - our products and their infrastructure

eBit Payment is a project, that includes the following solutions:

• Multi-currency wallet
• Real-time exchange with access to currency rates
• Multi-currency payment card
• Online payments
• Business app
• Cooperative environment

eBit Payment app is a great solution for users that have multiple accounts in multiple currencies and cryptocurrencies, like the USD or ETH, especially if they need a 3rd currency, for purchases, like BTC. Here, with eBit Payment, everything is easier - one application - multiple possibilities - no middle currency or crypto-currency.

Multi-currency wallet in eBit Payment application, with the ability to have one account, that serves as many cryptocurrencies or FIAT currency accounts as needed.

Real-time exchanges with access to currency rates, which makes it easier for users to access all supported currencies, including crypto-currencies and currencies that are locally unavailable in your area. All that, from any place in the world, without the worry of incurring large fees.

Multi-currency payment card simplifies the user's life and grants them the possibility to easily pay or withdraw money at any time, anywhere in the world. In addition, eBit Payment gives the user the unique opportunity to work with multiple crypto-currency accounts - as payment cards aren't directly linked to the user’s accounts, users may freely choose, change and pick whichever card with the desired account, even directly before the payment. Furthermore, offered cards come with the featured possibility of an eBit credit line in FIAT currency, secured with the user's crypto-currency assets.

Online payments in eBit Payment will work instantaneously with minimal transaction fees. Our goal is to support all means of payments, online transfers, card payments and phone payments. Our IT technicians will take care of further encrypting all the user’s transactions properly, which will increase user-security.

Our Business App’s target is uniting companies from all around the world, and helping them maintain contact by simplifying the flow of money. Our steps taken so far, will target encouraging contractors and foreign companies to support each other and their work. For example, through community car rental when needed.

Cooperative environment - creating easy and fast access to office sharing spaces in big cities. As we know, the quality and efficiency of work depends on multiple factors, including a proper workspace. At eBit Payment we are aware of that, which is why we will create a network of coworking spaces, that will fulfill your needs for office space all over the world.

What are ebit tokens?

In return for financing the further development of eBit Payment, the first users are offered the opportunity to purchase new tokens. Access to such funds will allow for immediate acceleration of development. It is also an effective way to bypass traditional, much slower and more region limited, more expensive financing methods.

Token sales timeline

The sale of tokens will cover 21 days. It will begin on November 24, 2017 at 00:00 AM. Delaware time, and will last until October 15, 2017 or until it reaches the target amount — $ 21,600,000.00.

Why us?

eBit Payment team at the time of you reading this document, is already coping with exchange of currencies on-line. Our IT technicians worked for Liberty world and Bank of Republic of Austria within the past. they need additionally expertise noninheritable throughout cooperation with cryptocurrency mine BIT.NXT INTERNATIONAL LLC. eBit Payment system was created to create the group action between cryptocurrency market and a bank cheaper than zero.99% for our users.

Our expertise with money markets and multiple debates with persons leading the cryptocurrency connected corporations diode U.S. into believe, that there’s a necessity to form one integrated system, that may considerably ease all the processes related to payments. One system, one application, various prospects, decree currencies, cryptocurrencies, all of them in one place. Our project, eBit Payment is approved by multiple qualified professionals all across the world. The team of eBit Payment consists of crypto enthusiasts, World Health Organization on everyday use cryptocurrencies, all of them ar IT professionals with smart data of economic market.

For More Information :

Website        : http://ebit-payment-ico.com

Whitepaper : http://ebit-payment-ico.com/whitepaper.pdf

Twitter         : https://twitter.com/ebit_coin

Facebook     : https://www.facebook.com/eBitICO

Telegram     : https://t.me/eBit24

My Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1210304

HackVc : A Liquid Venture Fund on The Blockchain

HACK fund is a liquid fund on the blockchain. HACK token is the Ethereum-based token issued to investors.

Hackers/Founders (H/F) is an organization that has been investing in top startups through an expansive global network. H/F’s portfolio of fifty-five technology startup companies has produced seven exits in only five years, including acquisitions by Facebook and Cisco.

Hackers/Founders (H/F) created HACK to bring its successful approach to the blockchain, increasing accessibility and liquidity for investors.

What is HACK?

The HACK Fund is a venture fund created by Hackers/Founders (H/F) that uses blockchain technology to provide accelerated liquidity to investors. Money raised during the token sale will be invested in top technology companies scaling globally.

Why HACK ?

HACK uses blockchain technology to make startup investing available to people around the

world and who are at all levels of investing.

Those who want to get involved in supporting tech startups can do so without having a high income. The cost of 1 HACK token is $1 USD, and during the token sale, this minimum gains the holder entry into the fund. Also, investors can profit from startups that, up to now, would have been neglected because they are located in areas of the globe that are harder to reach due to regulations, markets, and other factors. Because blockchain technology is decentralized, capital which might have been left on the table can now be used to increase value for investors.

HACK also offers risk diversification. Until this moment, it has been nearly impossible to get exposure to a diversified portfolio of startup equity without having a great deal of wealth. Most importantly, HACK is liquid, and offers investors the ability to realize gains without having to wait a decade.

Hackers/Founders, creator of HACK, has run a proprietary startup program that yielded growth of 30% year over year for the past five years, and has had seven exits out of fifty-five companies from around the world.

In addition, the H/F team will be contributing $1 million worth of stock from existing H/F Funds 1 through 4, so that investors can buy into HACK without having to wait for the fund to acquire strongly performing assets.

HACK Token

HACK is a new Ethereum-based token issued by HACK fund, and can be bought, sold and traded through online exchanges as a liquid transaction. 

HACK is based on the ERC223 protocol. ERC223 solves issues with the ERC20 standard 1 while remaining backwards compatible with ERC20-compliant wallets. HACK is a tradeable digital token that can be used for participation, representation, proof of membership in H/F or any other suitable purpose.

KrowdMentor, ​a strategic investment and advisory firm empowering blockchain investors, funds, startups and entrepreneurs, developed the token. KrowdMentor also provided smart contract development, smart contract management systems as well as through other advisory roles in support of HACK.

Hack Fund

HACK will benefit from the same processes, community and experience that resulted in seven Hackers/Founders portfolio exits over the past five years.

With the use of blockchain technology, HACK will make it more possible for people at every level and in every part of the world to invest in startups. In addition, the liquidity of HACK means investors will be able to reap the rewards of a diversified startup portfolio without having to wait for years.

Fund Overview

Targeted number of investments: 30 for every $10M raised.

Typical initial investment by HACK: $100k-$250k Seed, $500k-$2M Series A.

Investing in startups seeking to have their own token sale as well as those growing towards traditional exits.

Types of companies we invest in:

The fund returns value in the following ways:

H/F Fund 1 through 4 Buybacks

Buybacks connect past H/F funds and HACK. HACK will purchase shares in the existing, well-performing H/F Funds 1 through 4 that are owned by the General Partner and previous investors. This buyback will comprise up to 10% raised by HACK. In this way, HACK can begin investment soon after the token sale, rather than having to wait until new startups are engaged.

Returns

HACK will utilize 100% of returns from exits to reinvest into new or existing portfolio companies. Reinvestment ensures the fund continues to create value over time. H/F has a track record of 30% growth in its funds for each of the last 5 years .

HACK will engage an independent service such as eShares to publicly report the aggregate valuation for portfolio startups. Public reporting will take place two times a year.

For example, if you have a portfolio of 200+ companies that, on average, are growing revenues and profits 30% year-over-year, the value of HACK tokens/HACK should in theory grow 30% year-over-year.

Investments

For every $10M raised in the token sale, HACK will invest into approximately 30 existing or new portfolio companies. Fund investments will be Seed and Series A.

H/F’s existing services-for-equity business model may also be used to obtain additional equity in individual companies. Taken together, equity ownership of startups will range from a minimum of 1% to a maximum of 30%.

Startups accepted into the portfolio go through a proprietary vetting process that utilizes the wisdom of the H/F network of experts, partners and peers to select the best companies.

Portfolio Company Token Sales

HACK investors will have access to presale pricing for token sales launched by portfolio companies. Companies must utilize H/F services to execute their launch. This service will be offered by H/F to portfolio startups that have product, are growing rapidly and need more than $2M in capital to continue scaling.

Token Sale Terms

Notice: HACK fund reserves the right to repurchase HACK tokens if it is in the best interest of our token holders.

Token Presale

Presale Phase 1 begins

Wednesday 15 November 2017 at 12:00AM PST

Visit hackvc.hf.cx for more information or buy.hf.cx to participate

Token exchange rate

$1 USD = 1 HACK

Currencies accepted: ETH, BTC

Minimum transaction amount: purchase of 1 HACK

(US Citizens have a higher minimum due to existing laws. Contact us for more details)

Presale Bonuses

Token Sale

Token Sale Launches Once Phase 2 Cap is Reached

Token exchange rate

1 USD = 1 HACK

Transactions

Currencies accepted: ETH, BTC

Minimum transaction amount:

purchase of 1 HACK

Minimum Investment

US: $50K

Rest of the world: $1

Hidden Cap

Disclosed when ​80% reached

Token Sale Bonuses 

Token Allocation

70% ​Token Sale

8% ​Operational & Advisors

78% Total Token Sale

18% ​Company Reserves

2% ​Portfolio Founders

2% ​Community Development

22% Company + Misc.

78% of all tokens will be allocated for sale, with 8% of that going towards operational overhead. Any additional operational costs will be borrowed out of the remaining 70% and will be paid back at a rate of 5% interest per year.

Company reserves will count for an additional 18% out of all tokens. The company will enforce a 4-year vest with 1-year cliff for any tokens issued to the team. 2% will be distributed to founders of H/F portfolio companies and 2% will be used for community development.

For More Information :

Website           : https://hack.hf.cx/

Whitepaper    : https://thehackfund.docsend.com/view/x6nmm5y

Telegram        : https://t.me/hackvc

Facebook        : https://web.facebook.com/thehackfund?_rdc=1&_rdr

Twitter            : https://twitter.com/thehackfund

My Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1210304