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Fintech Start-Up FidentiaX Introduces World’s 1st Marketplace for Tradable Insurance Policies

Bitcoin Press Release: fidentiaX is building the World’s First Marketplace for tradable insurance policies by leveraging on blockchain technology

October 14th, Singapore Fintech start-up fidentiaX is in the developmental phase of creating the world’s first marketplace for tradable insurance policies by disrupting the status quo by empowering policy holders to monetise policies on the blockchain. fidentiaX will also be setting up fidentiaX Open Source Foundation (fSOF) to proliferate the embracing  of blockchain technology for the insurance industry.

In 2016 alone, the total market size for insurance premiums in the 40 OECD reporting countries was estimated to be in the north of $3.86 trillion dollars and Asia is projected to the be fastest-growing market for life insurance with an estimated real annual compounded growth rate of 10.2%.

findentiaX

The tradable insurance market is faced with inefficiencies such as:

Lack of awareness  Policyholders are unaware that policies are tradable asset which could be sold in the open market for a higher value. In 2015, out of the US$112 billion worth of policies surrendered in the U.S., US$57 billion (estimated 250,000 policies) could be resold.

No Recognizable Marketplace – The lack of a recognizable marketplace makes it challenging for sellers and buyers to connect.

Dependency on 3rd party – In the rare occasion where seller and buyer actually connects, parties need to place trust on a 3rd party to effect the transaction.     

fidentiaX’s marketplace will be a membership-based ecosystem focusing on the key stakeholders and providing the following services:

Policy ledger – Break traditional reliance on intermediaries by creating a digital ledger for policyholders.

Trustless Marketplace – Provides a platform for buyers and sellers to connect and trade policies via the blockchain.

fidentiaX will focus on building its operations within Asia before executing its global expansion strategy. Key countries within Asia are Hong Kong, Japan, Korea, Malaysia and Singapore.

To learn more, please visit fidentiaX’s official website at https://www.fidentiax.com/ and stay updated on their Crowd Token Contribution launch announcement by subscribing to their mailing list. Stay connected through their social channels:

 Join us on Telegram Channel at https://t.me/fidentiaX
Follow us on Facebook – https://www.facebook.com/fidentiaX/
Follow us on Twitter – https://twitter.com/fidentiaX

Media Contact:
Name: Alvin Ang
Email: Alvin.A@fidentiaX.com
City and Country Location: Singapore

fidentiaX is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

About Bitcoin PR Buzz

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR.

The post Fintech Start-Up FidentiaX Introduces World’s 1st Marketplace for Tradable Insurance Policies appeared first on Bitcoin PR Buzz.

Source: BPRB News feed
Fintech Start-Up FidentiaX Introduces World’s 1st Marketplace for Tradable Insurance Policies

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The Next Generation Bitcoin and Digital Asset Trading Platform, NakamotoX Announce Alpha Release

Bitcoin Press Release: The next generation Bitcoin and digital asset trading platform, NakamotoX debuts its Alpha, starts inviting users for Alpha testing and trading contest.

October 11, 2017, London/Prague – NakamotoX, the next generation digital asset trading platform is launching its Alpha release. Following the launch, the platform extends an open invitation for the community to test its various features and functionalities.

NakamotoX is the next generation Bitcoin and digital asset trading platform, made in the Czech Republic. Since 2012 the team behind the platform are extensively involved in cryptocurrencies and blockchain, their mining and related system design.

The team’s goal is to provide the highest quality, low fee and maximum user-friendly interface experience (simple enough for beginners, customizable for professionals). And all of that on the top state of the art technology stack with maximum reliability and security currently possible.

The team’s expertise in digital assets, trading and strong technical background has encouraged their full commitment to the mission of becoming one of the largest exchanges for cryptocurrencies in the world. This belief is strongly based on current market overview, platform’s financial liquidity (both in FIAT and digital currencies) and professional approach.

The platform has been built completely from scratch with field tested matching engine able to handle hundreds of thousands of trades without any lags or unresponsive UI. Even though its not fully decentralized, the platform is going to offer some decentralized features, which will be introduced later on.

NakamotoX

The main platform features include:

  • Build with highest security standards
  • Implementation of the fastest and most reliable trading engine capable of handing transaction rate of 1M/s
  • Complete data encryption and storage in accordance with GDPR
  • Voluntary adoption of EU AML directives
  • Completely decentralized infrastructure
  • All risk engine procedures derived from standard banking systems
  • Instant settlement processing as per pre-defined verified limits
  • Extended support and FIAT withdrawal options

Signing up for NakamotoX – “NKX” will take only a few seconds. One just needs to enter the name and an email address. The login process will be secured by password-less login using TREZOR device. The company ensures that all customer funds will be secured by multi sig, HSM and securely held in cold storage secured by HW wallets.

The NakamotoX team describes the platform saying,

“NakamotoX has a simple and easy-to-use interface that ensures a straightforward trading experience for beginning and advanced traders. The exchange is also fully responsive [and] is available on all desktop and mobile browsers with Android and iPhone apps coming soon.”

NakamotoX will offer 24/7 support through NKX’s customer service department, which has a guaranteed response time of 12 hours. The platform is excited to bring efficient, transparent, and versatile Bitcoin exchange for the bitcoin ecosystem.

Learn more about NakamotoX at –  https://nakamotox.com/
Follow NakamotoX on Facebook – https://www.facebook.com/NakamotoX-1028446587258278/
Follow NakamotoX on Twitter – https://twitter.com/nakamoto_x
Follow NakamotoX on Medium – https://medium.com/@NakamotoX
Follow NakamotoX on Vimeo – https://vimeo.com/user70727630

Media Contact
Contact Name: Jiri Prochazka
Contact Email: info@nakamotox.com
Location: London/Prague

NakamotoX is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

About Bitcoin PR Buzz

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR.

The post The Next Generation Bitcoin and Digital Asset Trading Platform, NakamotoX Announce Alpha Release appeared first on Bitcoin PR Buzz.

Source: BPRB News feed
The Next Generation Bitcoin and Digital Asset Trading Platform, NakamotoX Announce Alpha Release

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Ardor Market Report: ARDR/BTC Sets All Time High

Brief:


Ardor has set an all time high of 12,000 satoshi or about thirty-one cents.
Ardor
is up 38.01% on the day, up 68.24% on the week and up 78.44% on the month on a last price of 0.00011299. ARDR/BTC is trading between a 24hr high of 0.00012000 and a 24hr low of 0.00007856 on a 24hr volume of 3,119 BTC or 30,732,299 ARDR. The weekly trend is up.

Last price

0.00011299 ARDR/BTC

$USD

last price $ 00.29
one week ago $ 00.17
percentage 70.59%

Volume

Volume

The 24 hour volume on Poloniex is 3119.30446012 BTC or 30732299.75841477 ARDR.

Remarks

Ardor has set an all time high of 12,000 satoshi or about thirty-one cents. The move came on the month’s second highest volume of 3075 BTC today June 19 2017. The highest volume was four days earlier with 3414.7 BTC of Ardor changing hands:

Ardor Monthly Volume by Day

CoinMarketCap All Time Chart

XBTLivePrice
Bitcoin is up 3.19% at $2571.99 on Poloniex and other major exchanges are also up:

Bitstamp Launches LiteCoin
From social media five hours ago:

HELLO #LTC: We’re happy to announce full trading functionalities are available NOW! Let the trading begin. #tradeLTC https://t.co/FZDLTwUFT1 pic.twitter.com/gC0z1ylK28

— Bitstamp (@Bitstamp) June 19, 2017

Price change

Price change is the percentage change within the period:

period change
day 38.01%
week 68.24%
month 78.44%

Featured Chart

Tap or click chart to enlarge:

Data source

50.png

Poloniex is the data source for this market report.

Market capitalization

Market capitalization is the total $US dollar value of the Ardor market calculated using the formula:

market cap = ( available supply x last price )
Market cap $ 289,709,854
Available supply 998999495
Last price $ 00.29

Daily High Low

daily high 0.00012000
daily low 0.00007856

Trend

The weekly trend is up.

trend is UP

Support

Support is the lowest price within the period:

period support
day 0.00007856
week 0.00006402
biweekly 0.00004843
month 0.00003560

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00012000
week 0.00012000
biweekly 0.00012000
month 0.00012000

Margin trading

no

The data source Poloniex does NOT offer margin trading on this digital asset.

Range

Range is the difference in price within the period:

period range
day 0.00004144
week 0.00004583
month 0.00004967

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

Summary

Ardor has set an all time high of 12,000 satoshi or about thirty-one cents. Ardor is up 38.01% on the day, up 68.24% on the week and up 78.44% on the month. The weekly trend is up. ARDR/BTC saw weekly support at 0.00006402 and weekly resistance at 0.00012000. Market sentiment is bullish.

Disclaimer

Past history is NOT an indicator of future results. Read the legal disclaimer:

http://kittybitcoin.com/docs/disclaimer.php

Printed

This report was printed on Monday June 19 2017 18:42 hours UTC. Contact KittyBitcoin to request custom reports.

Coming soon

Thanks for reading! 🙂

Tags

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Source: Ardor Articles
Ardor Market Report: ARDR/BTC Sets All Time High