Monthly Archives: December 2017

The Gladius Network As The Site Protector From DDoS With Maximum Protection And Minimal Cost

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Distributed Denial of Service attack is one thing that is worth to be aware. Because this offense can make your site does not work. Every site on the Internet network has a chance of being attacked by DDoS. The impact of this attack also varied. Failure of some features within site is also one of the effects of DDoS attacks. Besides, the worst consequence of a DDoS attack is that the site may become non-functioning at all, so the owner must be offline and make improvements.

Funds needed to repair the system is not small. The amount of costs incurred for repairs depends on the extent of damage to the site. Besides, companies or individuals will also experience visitor losses because when the site is offline, then visitors will find other sites with similar services. When the site has been able to run usually again, the website must repeat the procedure from the beginning to get customers back.

Traditional security systems offered have a high cost, so only wealthy sites can use the service. Some sites may be forced to use a security system although it may not happen for a long time. The use of a renewable network protection system is needed so that the site can have maximum protection. Currently, DDoS attacks are not worth to be underestimated because as technology develops, then the attacks made may be more able to damage the system.

Each site can detect early DDoS attacks by knowing some of the characteristics of possible attacks. These components include the loss of some features on the website. If you access the website every day, it will be felt when there are features on the website that suddenly cannot be located. Besides, the characteristics of attacks will usually take up bandwidth so that access to content within site will further slow down. If an attack comes with a barrage, then there is a chance your website cannot be accessed at all.

As a step in developing a maximum protection solution, Gladius is present as a network security solution. Gladius was established to protect sites where protection would use blockchain technology that allows for a decentralized system. With the decentralized system, it will facilitate the operation of doing the security, and the required costs can also be minimized. The costing will be based on smart contract deals.

Gladius developed a new concept of protection that can block DDoS attacks. The decentralized system implemented will be able to read the possibility of hot demand. The idea offered is also straightforward that allows users to join within the ecosystem to obtain protection. The working system of security will also be done in the background with a hidden node. Each node will be incorporated in a pool with storage capacity and bandwidth. Before joining the network, a site will provide the storage space and bandwidth required to determine the right pool.

Every transaction made will be specified in an Etherum-based smart contract. The use of smart contracts is expected to provide convenience transactions between the two sides of the users and developers Gladius. The agreement will be bound for some time, and when the contract expires then the protection will also expire by the term of the contract. Users can renew the contract to stay in a protected network. Each agreement will use a Gladius token (GLA) for completion. All the whole concepts of Gladius can be obtained through the official Gladius website following and on Ann Thread via

The Advantages Choose Gladus As Site Protector

The establishment of Gladius has the vision to protect with the best and safest system for your site. The developers have done the various analysis for the security system and protection from DDoS attack threat. The results of the analysis will be applied to the development of Gladius. The development of Gladius is an innovation of site protection in a network with the role of a node and a pool. With a decentralized system allows each site always to get maximum protection.

The features provided within the platform will make you more interested in joining the ecosystem. The services also offered greatly benefit you in protecting your site. Currently, your site is the most important thing for the existence of the site can be maintained and protected. You will gain the following benefits when joining the Gladius protection network:

  • Your site will get maximum protection using a decentralized system. Nodes will be shared based on the location closest to you. The node for Gladius has spread all over the world. The allocation of security will be done with the pool manager system. Each manager will be responsible for organizing nodes in the pool.
  • Gladius offers a system to speed up access to content on your website. The service is called CDN. Quick access to every feature in your website is paramount as providing services to site visitors. There is no best thing given to site owners to site visitors other than a reasonable level of access.
  • The system is enforced using a reasonable contract Etherum. The use of such contracts can provide comfort to both parties. As a party requesting protection, you still have to pay for services. The contract system applied may free you to choose whether to extend the contract or not when the contract has expired. If at the end of the contract you choose not to make an extension, then it will not be a problem. You can apply for a new contract at any time according to your wishes.
  • Gladius protection concept uses a DNS system that can read IP. With the decentralized concept, it will make it easier for the system to store detected malicious IP numbers. So when there is a request from the same IP number to a different site within the network, the network will automatically deny access from the IP.
  • Gladius implements a GLA token as a valid means of payment for the transaction. Tokens are also used to reward members of the network. Each member allows for a GLA award that can be used to pay the deal within a smart contract.
  • The use of blockchain technology in the network is the best idea of a protection system to anticipate the occurrence of DDoS attacks. The use of services within the ecosystem can also be determined based on the user’s ability to pay for services that can be agreed on in the smart Etherum contract.

You will certainly choose a high-quality protection system and have a low tariff. If compared with the traditional protection system, Gladius certainly far superior. The procedure you have to go through is also quite easy. You can visit the official website of Gladius to initiate a site protection request. The full concept of Gladius network development can be obtained through whitepaper at

The Team Of Gladius Whos Make The Future Site Protector

In early 2017 the Gladius team was established which consisted of students with expertise in computer science. The team is equipped with members who master cybersecurity technology and blockchain technology. The research was conducted to measure the effectiveness of blockchain technology to be applied as a protection against cyber. The study also succeeded in suggesting that the current security system has not provided satisfaction to the site protection of DDoS attacks.

Responding to the dissatisfaction of using existing network security, will against the handling of DDoS attacks, the team tried to find the most appropriate solution to provide network security support. After learning more about blockchain technology, the Gladius team finally decided to make blockchain technology a solution for network protection. The main architecture in the application of Etherum blockchain was built to form a network of Gladius. As the project evolves, the team is also equipped with other expert members. So the team will soon launch a new platform as the most precise protection for Cyberattacks one of them is DDoS.

Gladus was founded by Max Niebylski who is an experienced in blockchain technology. More than eight years Max has been in the world of entrepreneurship and programming. Max plays an essential role in the development of a decentralized system that will be implemented within the network. An important part is owned by Max to lead Gladius in developing a DDoS attack protection platform.

In addition to Max, many other team members have roles and responsibilities within the team for the realization of a Gladius network. All members of the merged team have experience in their respective fields, so it is possible for them to develop a DDoS protection platform. All the systems and concepts enforced within the Gladius network will make a breakthrough in the world of Cyber protection.

The Basic Concepts of Gladius In Providing Cyber Protection Services

Users or site owners who want a protection service can visit Gladius official website. Owners may choose a request portal quota for their owned websites. Because Gladius implements a decentralized system, each request will be communicated directly to the selected protection pool. Once the pool is determined then the next step is to form an agreement in the form of an original Etherum contract made by the pool and site owner.

Once a smart Etherum contract is approved, Gladius will make changes to the DNS settings owned by the site to be protected. Then the domain will be provided by the primary name server for system protection from the background. The given domain will expire when the contract expires without an extension. With the expiration of the contract also indicates that all services provided by Gladius can no longer be used by the site owner.

Every there is a protection request then the client’s web will perform database lookup process. The process aims to find a pool that suits the needs. Compatibility regarding storage space capacity and bandwidth required. Besides, the type of service provided is also tailored to the budget funds owned by the service lovers. Once everything has reached an agreement, then the smart contract Etherum made. Once the pool agrees to provide protection services, then the client must also agree to make the payment as a form of exchange within the GLA token.

The transaction system performed by Gladius is very effective and open. The Etherum intelligent contract system applied allows every client to get a fair deal. The client can also freely determine whether to renew the contract or not. If the contract is extended then all services will be resumed, then when the contract is not renewed automatically, the service will stop and the site has no further protection against DDoS attacks.

The system will be divided into several nodes where each node in the ecosystem can get communication and interaction with each other. The established dialogue is meant to give each additional information about the IP address that is abundant on the network. The information provided may also be related to traffic from a site that is considered harmful. The system implemented by Gladius can help create a pool block that can withstand attack traffic. The addition of additional features in the Gladius platform is planned to be in December 2018. Development will also allow an open system to a closed system. Protection will also include multi-pool facilities. Increased load speed is also one of the development goals by adding novel CDN techniques.

The construction of a DDoS protection platform is needed to reduce the increase in attacks. Gladius Network is the first platform that provides site protection services that implement a decentralized system and use blockchain technology. The use of smart contracts Ethrum is also one of the things that can make every site owner get quality protection at an affordable price. For the platform that stood at the beginning of 2017, Gladius has overgrown. For the network to immediately provide benefits to the owners of the site, you can participate in the sales event GLA token as a form of your support for the realization of a Cyber protection platform. You can see information about the platform via whitepaper that you can download on Gladius official page. Besides, you can keep up with joining the Gladius community through the following social media accounts:


The Nucleus Platform As Solution of Secured End-to-end Technology

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The ecosystem of cryptocurrency is recently driven a critical number of examination from regulatory around the whole world, that is some of them controlled by the nonregulated original of ICO (Initial Coin Offerings). Additionally, there are several broad and reputable ICOs, just likely other existing platforms that created only for discretion investors of unsuspecting cryptocurrency of their fund.

The cryptocurrency complex nature subsidizes several investors to find the more natural way of conducting profit that does not insist them to work by knowledge of the fundamental principles of blockchain platform technology or the way it represents essential theoretical and practical study orderly to improve marketing strategies.

High sector investment schedule typically offer investors to payment currency into a directed account that conducts interest on a routine basis. The ICO ecosystem has currently spawned a different on this idea, providing investors the change to deposit in those blockchain platforms before it goes active. Those ICOs named itself lending platforms.

It is equitably clear that any practical and useful plan cannot be improved, but it does not limit those investors in gambling with their luck with colossal sector investment agenda or other technology platforms that guarantee incredibly high recurs with bit effort. In several cases, the platforms are secure complex Ponzi schemes.

Loaning platforms have nothing to do with p2p cryptocurrency renting but prefer to recent investors with the change to rent crypto to the blockchain platform in behavior that is usefully similar to HYIP.

Since HYIP is known as a risky matter, there is still a part of them do send returns on a reliable basis. While assessing loaning ICOs, it is principal to recall that it is crucially likely HYIPs, also convey the same endanger.

By take inside at the Bot of Bitcoin Growth, as an up-to-date loaning ICO that guarantees investors the first real bright volatility marketing bot. Here also will check out Bitcoin Growth ICO also find what it provides to assist you to decide whether it deserves investing in.

The ICO for your Next Digital Investment

If you are stalking any cryptocurrency information you maybe well-known with the ICO term. ICO is a way to offer commercial investment for the companies of start-up. The old methods to get fund for new businesses by implementing for rents to significant investors and banks has judged ineffective. By utilizing ICO, you may have the extraordinary money to optimize the company’s development. It must be known to get a company with high ICO value should have a well idea for the people charge funds for organizations.

Likely ordinary startup company, the platform should have a document of the whitepaper that composing the work objectives and background, whose the members are also how many minimum funds are required, the coins provided, the project schedule and agenda. The document of whitepaper will be utilized to execute ICO. For commercial fundraising to get the expected target, the document white paper should be published in transparent detail.

The ICO timeline should be defined to ease the public to purchase ICO. Additionally, the money submitted during the ICO sale will be counted. At the whitepaper document also should decide the solution to be taken when the needed payment doesn’t get the minimum value. Besides, investment disbursement after the investment number beats the minimum point should also be described in detail.

The ICO sells their coins to investors completed with return within the orderly investment investors don’t control about the works provided. ICO also named the crowd sales because primarily the funds submitted at the transaction end is a donation. Or you can say that the ICO is likely to crowdfunding that provides startup storage for functional project funds. For any reasons, you should not ignore awareness when you are joining ICO sale.

Now is the Day to Decide your Own ICO Investment

Before deciding on any chosen ICO, you should know what the ICO you will invest is. Being selective for any Ico sale you will select is a must. It is because almost entire startup company determine to utilize ICO for relieving of getting first work funds. The thing you should notice to invest in ICO is as follow :

  • You should understand the information about the platform team that works the business. By knowing the founder’s information, you also realize its credibility and capabilities. Never put any investment to ICO sale who keep info about the platform concept.
  • You must read and study the whitepapers document that created by startup platform. You should also be aware of the promising of future platform company progress. Never let your self wrongly offer investment to a company with an unknown purpose.
  • While the ICO sale period is running, you must give attention to the minimum to maximum payment consistency. Think again to offer ICO to any company that irregularly in deciding the resources required for project growth.
  • One of the vital matter in determining to invest or not in the business legality. You should make sure the provided strategy is not opposed to the law.

You must assure that the company founders identities positively confirmed. The record of any experience by everyone has worked with the project is very significant to the project successful.

By understanding those things discussed before, now you ready to decide the right investment for ICO. One of the ICO sales that you must consider is Nucleus Vision. Here the profoundly evident whitepapers to understand:


Meet Nucleus Vision as High Recommended Option

The Nucleus is a platform that works with the Internet of Things technology, so it is also known as IoT company, which allows any omnichannel appointment run also contextualized communication for the practical retail shop to their customers. Nucleus’s IoT focused on customer ID solution opens the IoT true ability by supporting dynamic connections between things, applications, services and people. In the first Phase, Nucleus will give their attention on offline retail, and in the second phase of physical security continued with Phase 3 for interconnected devices.

The nucleus is building a complete-stack solution to record dark invisible information, through its single sensor technology. The Nucleus is establishing a safety blockchain based data link for Ids marked; Nucleus designs to shelter users privacy, while searching intelligence utilizing neural types, and combine Nucleus ATOM tokens, to build the most significant world loyalty bonuses link.

In Nucleus phase one, Nucleus is individualizing the offline retail marketing experience for some 2.6 trillion walk-in users through 91 million physical shops, globally. Considering retail, sensor technology of Nucleus has to reach platforms in the physical security sector and linking global devices.

Ran by 23 member team from India to San Francisco, it is entirely experienced in the yield of IoT, RF technologies, the blockchain, and retail.

The nucleus Vision is one of Technology utilize IoT obligatory to make a verification for the users that meet the seller. IoT is a method to connect with things around us by a system like an internet provider. The IoT idea was early invented by Kevin Ashton.

The IoT utilization offers a plenty of promising that can be integrated from several sectors. For example, an original application is in a freezer that can notice the food and beverages owner ability and what requirements to be faced. Technology development with primary IoT indeed needs significant help from the customers for the reach of all human activities.

As a digital company that survived and keep developed for over three years, Nucleus Vision provides a technology of end-to-end solutions that offer information through a blockchain-based sensor technology also real-time sensors. So far, successfully improved resolution by Nucleus got IoT sensor in number 19. The whole sensor is positioned on ten companies that assist the information network for user ID even user information as appropriate.

The Nucleus purpose is to offer a space for the online and offline global retail. In guiding the Nucleus Vision platform to the business, the platform has been assisted by critical investors like Reliance Capital and Tim Draper. Nucleus platform has also initiated collaboration with Reliance Communications, Idea Cellular, and Vodafone. Nucleus platform provides a network with high-rate protection to make you more comfortable to operate the application. For further information about this exciting platform, please visit


The Advantage of Provided Nucleus

As a blockchain platform that builds with revolution, evidently, Nucleus Vision has designed creative concept to ease all user. Creative ideas made by Nucleus have a good influence on the retail market.

Here is the facilitation you can reach from Nucleus :

  • Enables retail to operate in a customer-oriented suburban neighborhood.
  • Utilizing smart sensors, analysts and blockchains will bring you high loyalty customers.
  • The nucleus of IoT provides customer understanding with the capability to stalk users visits through a small passage.
  • Solutions of IoT technology served Nucleus has supplied with a top security system
  • Nucleus security system can identify likely threats also intruders on the data transmission to parties over the network.

With a conveniences variety mainly makes customers more assured to deposit in the platform. The advantage served will make that easier for customers to transact. The idea of collaborating the offline and online retail is exceptionally worth many thumbs up.

The Nucleus Security System

A significant matter in an environment is about the security system work inside the atmosphere. As well as any network provided by any platform, it will be considered bit useless if utilizing a low-security system.  So the security system that used there becomes the early benchmark for customers deciding a platform to work with.

The IoT solution has early completed to the security systems strength pressed on industry even housing. The different sector has not utilized smart solutions to control the client’s security and privacy. With the comprehensive security technology update, Nucleus platform is one of the highly secure platforms.

High-security setup on a platform that provides cryptocurrency and blockchain must be known. That is because none joined in the platform. The entire user information and transaction info will be saved within the blockchain. In case there is a confidential record leak, it can make some parties suffer either customers or retailers.

Nucleus operates IOL as their intelligent sensor. The IOL sensor is one of what needed in Nucleus platform as a more extensive commercial, industrial and residential security system. It works by recognizing any potential intruders and threats in the order. After that, the information earlier will be safely transformed into any authority for more action like blocking.

Way of IoT System Works on The Platform of Nucleus

The idea provided by Nucleus is contemplated to ease both customers and sellers in trading. Here are the Nucleus system flow offered to you as users :

  1. After a customer accesses retail, the retailer gives bonus to customers as nCash tokens.
  2. After a customer buys a trading at the retail worktable, the purchaser will grass loyalty values as nCash as good.
  3. By giving bonuses nCash tokens, the resellers may ask necessary info from users even accept authorization from platform’s customers to get such information.
  4. Distributors can exchange customer info with the other retailers that offer info about customers also provide nCash tokens for those informers.
  5. Companion retailers can transform information about data of customer in the retail by sending the nCash token to their customer.
  6. All parties of Nucleus platform may receive nCash token transforms belonged to customers. Additionally, customers also allow doing any transactions to whole retailers associated with Nucleus.


Executive Summary of Nucleus Vision Platform

Nucleus has created the global first IOT-powered contactless recognition system (more than blockchain), in creating the most significant world loyalty application utilizing cryptocurrency. IoT of Nucleus solution allows local labels around the world to develop and apply a customer-oriented trading experience that purchases information from online and in-person channels.

The platform utilizes sensors, the blockchain, intelligent analytics and data to build independent solutions that obtain customer loyalty. Nucleus’s IoT serves intuition into customer conduct that not recently allow retailers, for example, the permission to stalk customer visits, to passages also browsed paths taken in-shop, favorite brands and products, and expected future customer action in-store.

It designed to helps build a private customer experience that offers to higher customer satisfaction. By using this blockchain-powered technology, Nucleus platform works to link the online and offline world seamlessly. Within the process, it aims to increase the retail store experience for about 2.6 trillion customers that recorded visit over 91 million physical stores for total, all in real time.

Here the Announcement Thread link:


Posted by : kurniawan05;u=1187741



The Development of Crypterium as Cryptobanking for The Future Digital Payment

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The enhancement of technology brings the innovation in each part of life. Every development, technology is designed to pamper people by simplifying every activity that should be completed by humans. One of the innovations that are overgrowing is the shift of cash payments into digital payments. The volume of transactions with digital payments continues to experience year-end warnings. That encourages the emergence of platform innovation to simplify and improve transaction security.

Payment solutions have begun to be developed without contact. Hosts that have provided this service include Google Pay, Ali Pay, and Apple Pay. Other solutions offered are mobile approaching methods such as NFC and QR codes. Cryptocurrency becomes one of the systems with a relatively rapid development. Similarly, the crypto economy is expected to grow to a value exceeding three trillion dollars.

Cryptobank is a solution launched by Crypterium in digital transaction troubleshooting. Cryptobank is engaged in services to provide the overall, benefits of cryptocurrency. The advantages of the crypto bank are low transaction cost, high transaction speed and guaranteed level of security. Crypto users have reached three million people.

The crypto banking app will be launched for iOS-based smartphones, windows, and Android. Unlike conventional banks that require cards to transact, the crypto bank needs only your smartphone. Currency used crypto-based and fiat with instant process engine. Later each user can make fiat-based payments without having to have transactions in advance.

The crypto banking platform has been under development since 2012. The bank’s crypto application is planned to be used in the first quarter of 2018. The token payment pre is commenced for Crypterium development. The initial CPRT token payment will reach 210 million tokens. The specified value is 0.0001 Bitcoin for one CPRT token. Token sales will begin in late October 2017 and will last for 75 days.

You may visit the official websites and social media of Crypterium to have the further information about the platform.

The official link to Crypterium:

 Social Media:

The Crypterium Token (CRPT) As The Power Of Decentralization

Any transaction that occurs in crypterium will use CRPT as a sign of agreement. Each token holder is recommended to use a CPRT token in performing daily activities. Therefore there will be no agreement without using CPRT. In the future, CPRT will be used in cryptocurrency exchanges.

The rules in the platform are that everyone using the facilities in Cryptobank must use CRPT as payment. CRPT can also be used to form a reserve of funds that can be used for the future. With the concept of cryptocurrency applied to the Crypterium platform, each transaction is transparent.

The running system has been integrated with every transaction that happened. That will make every transaction can be completed very quickly. The algorithm applied in the Crypterium platform allows each member to exchange, purchase, and sell cryptocurrency with precise and accurate conversion calculations.

Until now the use of banking services enjoyed by the users has specific tariffs to be paid. Within the Crypterium ecosystem, the volume of transactions created will create a high loyalty that allows for the awarding of specific rewards. Developers will highly appreciate platform use loyalty. Tokens owned by holders are expected to increase over time. The addition of a token value has several benefits for token-holders.

  • High-value token owners can have priority to enjoy every service offered within the platform.
  • A limit on the number of users will be applied within the platform as the specified hollow to reduce the possibility of fraud within the platform.
  • All users can use the core services that are deployed on the platform without any additional cost. However, specific functions may require other fees for their use.
  • The token holder may receive additional facilities in the form of a discount in using a paid service. That will allow each user to increase the number of tokens they have.
  • Traders who have tokens may use paid platforms by obtaining a discount on the applied rate. The cost details will be different which will be based on the launch date of the solution.
  • The additional benefits of each token product are highly expected by a growing company.

Offering all the advantages that meet the need for platform innovation that supports digital transactions will make crypto banking a much-awaited presence. Therefore, every prospective user who wants to enjoy every facility will undoubtedly contribute to ICO token sales. The contribution is needed so that development can be implemented until the launch of the application.

The Crypterium ICO Token Sale for Developing The Platform

The ICO event is addressed to potential users of the Cryptobank platform. The purchase of a CRPT token can also be performed on this sales event. The use of CRPT tokens will follow the standard Ehterum market with intelligent token contracts. The CRPT token has an indefinite period established within the blockchain.

The European Union is an institution that houses Crypterium. Its headquarters are located in Estonia. Applicable European regulations can ensure absolute accountability and total transparency of any activity occurring within the Crypterium ecosystem. The launch of the company report also did not escape the supervision.

Estonia was chosen because it has a high-profit rate for the development of an innovation platform. Based on data, Estonia also included into the country that was ranked first. Estonia is a country that actively supports the development of cryptocurrency. This opinion is reinforced by the establishment of Bitcoin-ATM in Estonia.

The user activity of the CRPT token holder can be awarded by the developer with the availability of various benefits that can be used. The number of rewards earned can be calculated based on how much activity and ownership of each user’s token in the ecosystem. CRPT purchase does not have the same nature of stock ownership or the like so that most token owners have no particular influence in policy-making within the Crypterium ecosystem.

Token distribution is done by direct means. Payments made by participants in the ICO period. Payment token probably not be separated from the terms and conditions imposed in the sale of tokens. ICObox supports the development of Crypterium platform. To improve security, developers work with blockchain. Token distribution in pre-sales will be used as a cost source by using CRPT token.

The provisions on token sales have also been described on the official website of Crypterium. You can even read whitepaper from this platform. To see updates from token sales and distribution developments, it’s easier if you follow the official social media of this platform. Knowing well about the project that you will support will be the essential thing.

The Token Distribution with Bounty Structure

After assigning the value of one CRPT equivalent to 0.0001 BTC then the next step is to know how the token will be distributed in the development of the platform. Distribution will be done with 9% division for team founders, 3% for advisors, 3% for Bounty campaign, 15% for the reserve fund and 70% for contributors.

Contributors are intended to distribute the number of ICOs to the entire community. The reserve fund is expected to finance loyalty purpose and marketing. ICO management and platform founders also got a share of the token contribution. Other than that the partner adviser is also entitled to get funds from grants. The marketing campaign team also has the right to receive awards.

The focus of Crypterium is to create rapid adoption products. Efficient mass scale transfer will help reward CRPT holders. The token purchase can be made during the ICO event period which will last until January 25, 2018. The transfer method can be done with BTC, LTC, and ETH. However, specific tokens purchases will be discontinued within ten days before the end of the token sale.

The main thing that became the key to the success of the ICO event was marketing. This section is critical because it is responsible for introducing Cryptobank and all the facilities available to all potential communities. CRPT tokens allocated to marketing have also been determined from the beginning of the ICO assignment.

Determination of the allocation of funds from the beginning can be seen on the whitepaper that has been prepared by the developer. The whitepaper is intended so that every potential investor can know the concept of the system offered. Descriptions of the ICO census have also been established complete with the distribution of funds. The roadmap of the project development along with the development team will also be described in the whitepaper. Clarity of the content of whitepapers to be one of the determinants of the project will be taken into account by investors to participate in token sales events.

Token Sales Event, Dec 25

The problems that arise in the practice of digital transactions must be addressed. Crypterium comes by offering solutions that are becoming a revolution from traditional banking to digital banking. The concept provided can be integrated with all technologies including smartphones. All the conveniences for life are one of the goals of developing an innovation platform. As a potential user, you can now participate in token sales events as a form of support and approval for the establishment of this platform.



BANKEX With Proof-of-Asset Protocol As The Business Problem Solution In Digital Era

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Technologies become something that is continuously improving our lives. The purpose of the existence of technology is to make our lives easier, more efficient and effective for doing things to minimize energy and time. BANKEX comes to offer those benefits to us. You might ever hear about this one. BANKEX Proof-Of-Asset Protocol (POA) is a decentralized capital market and create a new system to decentralizes assets and contracts. The development of this system is supported by Artificial Intelligent and Internet of Things.

BANKEX combined team of developers, scientists and product managers who are capable of building innovative products on blockchain to create a strong team. Proof-of-Asset Protocol can be defined as a system that solves the problem of assets. It can be solved even when the problem is not understood by liquidity. How does this work? PoA uses a mix of Bank-as-a-Service and blockchain technology. In a simple explanation, BANKEX takes clients assets to change them or convert it into money. Bankex builds as the business problem solution in digital era.

Cases and Technology Used in BANKEX

  • Proof-of-Asset Tokenization

BANKEX makes the possibility of a new capital resource for real assets through decentralized public banking. They already released a demo version of their products. PoA provides new resources including real asset in FinTech platform crypto centric. They have made MVP products and giving new insights of a business solution. A simple example is when you have two cars, and you want to get income from it, Proof-of-Asset protocol will help you tokenize both of your cars and getting money from it with protecting your investment with secured assets.

The first step is after you use MetaMask, you can choose which smart assets that you want to create. Right now, there are three types available: car tokens, real estate tokens and Apple device tokens. After choosing it, you will be directed to registration form needed to provide some beginning information. Let’s say; you have chosen car token, here you will fill all the information required for cars that you want to tokenize. Don’t forget to fill your contact as well.

All the information you have filled are recorded in the blockchain. Next, the step requires MetaMask to pay the transactions. Robsten Eter will be achieved if you have a GitHub account. There is an alternative solution because this method could be problematic for some people. Users can receive a small amount of Robsten Eter test from us.

After making smart assets from particular types, you will be directed to a new page with a more detailed description. Some QR codes will be shown here, showing smart contract address and transaction address. This QR code is necessary if you want to input additional data into the asset using cellular application. In this version, the application duplicates sensor of the Internet of Things.

The cellular application is fully optional; this smart asset can be created even if the data from IoT is not included. But, IoT data used to get information accurately about the asset and as for the result, to improve the accuracy of asset evaluation. Scanning QR code can use cellular application. You give asset number to make the possibility of application identify asset needs to be attached to IoT data. If some data sent through an application, you can collect it on the page of your smart asset. There is a button for this operation. All of IoT data recorded in the blockchain.

The result of value depends on validation result. IoT will help us to prove the authenticity of information given. Data from IoT includes geolocation, photo, and another sensor data. The next step is evaluating asset then release the token to a market. You can also share your smart asset to social media platform on your phone. Finally, you’re just made a smart asset and welcome to find the business problem solution in digital era.

  • The Implementation of Plasma Protocol on Bankex System

BANKEX did an amazing job in developing the implementation of plasma protocol. They are releasing an evidence about the Exchange network of Plasma Protocol ETH concept. What is the function? It is designed to create ETH delivery transaction cheaper and efficient. There is multisignature or no smart contracts transaction allowed in this blockchain. With the use of block structure, algorithm and transaction can reduce transaction cost and makes it more efficient.

Up until now, Ethereum can do until twenty transactions each second. Also with the continuous development of ethereal, transaction cost keeps increasing. BANKEX team on industrial sector improves the private blockchain that supports Plasma Protocol. This is the first blockchain in the world which published for public audit. The good news is, BANKEX gets feedbacks directly from people. According to Vitalik Buterin, BANKEX gives the solution to increasing the transactions up to 100.000 per seconds without cost on almost all transactions. This would not be exaggeration if we called Bankex as the business problem solution in digital era.

  • Mortgage Bond Contract PoC

The other technology is, BANKEX released a demo of how to make the Mortgage Bond Contract. It is a demo for the generator of BANKEX Mortgage Bond Contract. An achievement is obtained by us for winning the first prize attended by Vitalik Buterin judges in Hackathon Blockchain in Kazan (28 August 2017). The use of this application is to make the possibility of household or real estate owner to make this contract.

From this demo, we will guide you through every step that you require to understand for create the mortgage contract. With some modification on it and closing mortgage agreement after all the obligations are fulfilled. The transistor of mortgage contract into blockchain format is the interesting development in fintech. Right now for starting and changing interest rate in a mortgage it needs borrower’s signature, Pledgee and a representative of the institution (in this case is Depository) and the State Registry. It means that all parties involved must attend the local office.

This action requires a lot of time and energy to coordinate, and might be a pleasurable process. This is where the generator of BANKEX Mortgage Bond Contract is needed. It makes the process more efficient and more simple, without any needs to direct meeting. With this way, Borrower can obtain a mortgage from the field, and all of the parties capable to control it from far.

The concept of plasma protocol is to build blockchains that controlled by some high blockchains and the possibility of solutions to scalability problems. (in this case, Plasma PoC of Bankex controlled by main Ethereal network). In here, BANKEX believes that increasing of efficiency can be reached by disassembling some of the transactions from Block Etiquette to Plasma Chain, first if given the incentive to Plasma Operator.

The other benefit is an implementation of flexibility Plasma network allows you to do an evaluation effectively by contract in the parent chain. Through adding the new primitive cryptography in Metropolis. Someone can widen the implementation of PoC with a transaction that benefits xkSNARKs ring to final privacy user. Our PoC with transactions that utilize zkSNARKs signature for end-user privacy. Based on these benefits, it’s feasible to call Bankes as the business problem solution in digital era.

  • BANKEX Trust Service

As the business problem solution in digital era, BANKEX provides the trust serves as a secure decentralized Agreement and Transaction. It’s a developed technology of Trust Service to save and confirm transaction in a blockchain. A year has released an alpha version of Trust Service, a handshake that decentralized to save the details of agreement and transaction in a blockchain.

The meaning of Trust Service itself is an Ethereum model possibles to certain parties of making and accessing money transfer decentralized and additional important information for detail transactions such as contract condition. The purpose is to preserve and confirm identity and condition of transactions, contracts or blockchain interactions to independent verification in a distributed network.

Nowadays, most transactions blockchain made without any agreements tied. If you knew the person personally, it would be okay, but if you don’t, and you just sent someone an access code to your wallet maybe it will be a kind of dangerous. If you transfer some money to other people, make sure that you will get what you have agreed to pay.

Trust Service from BANKEX also facilitates the making of “transaction stains” that installed in the blockchain. Documents photo or even screenshots from a chat room in Telegram, a user can install until ten documents in any formats, including data files, photos, PDFs, or legal agreement that actually for confirming facts regarding conclusion and terms & conditions. Information about location and participant identity in transactions can be added to close the agreement confidently.

In a simple explanation, Trust Service give trust to both of parties in an agreement and transaction without intermediaries like notaries and legal professionals. With Trust Service, the parties not only receive notes from transaction stains but also make sure that their privacies and securities are safe. The data will be saved in a Microsoft Azure Database, guaranteed safe and cannot be accessed by other people except the owner of a cash transaction.

BANKEX Trust Service makes use of Proof-of-Asset protocol, and it’s a type of development product and implementation of tokenization technology BANKEX asset. The purpose is to make the possibility of people and companies conserve and confirm the condition of the transaction, contract, or another interaction to advanced independent verification in a distributed network. It will protect both parties facing the possibility of document loss, many forms of violation contract regarding the condition of agreement and fraud.

BANKEX is set to be a mega ecosystem in a field of asset market. This thing happened because liquidity in asset market is not too accurate. Provide the accuracy will be one of an important point fixed by BANKEX as a platform looked by an investor. With the combination os, some technologies like Blockchain, IoA, IoT, and PoA continue to perfect BANKEX as a solution to all of the problems happened right now in the traditional asset market.

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