Blockchain is supposed to make it possible to keep an updated database without having a central authority in charge. As of now, Walmart data is being stored in IBM’s computer and cloud. But this has led to questions as to why a distributed blockchain is even necessary. Many stated that the idea is good but the execution is the one that’s the problem.
Major league Italian soccer club Juventus will launch its own Cryptocurrency known as Juventus official Fan Token. The product of a partnership with Blockchain based fan engagement platform Socio.com aims to release in Quarter 1 next year. The Juventus club ranks top in Italy and number two worldwide. This will enable fans to be involved via a mobile voting and polling platform.
On September 7, 2018, SIX network held a meetup at Ookbee office, Empire Tower, Bangkok under the theme “the World is now Crypto!” with Mr. Vatchara and Mr. Natavudh (CO-CEOs) discussed SIX network vision.
Mr. Vachara said “In today’s world, Blockchain technology has evolved significantly in these past couple years. This allows us to promote the use-case of this technology in our daily life better. We have formed a partnership with our partners that will help us achieve our goals faster with an easy-to-connect and effective partnership program”
“Yes, We are Moving From Promotion to Real Adoption”
Today, there are over 100 million creative workers around the world that are currently being affected by the middleman system. Over 60% of their income is currently being stripped off to the middlemen. For an example, if their revenue is 100$, they would only receive 40$ since the middleman, such as payment processor, application platform or marketplace, took the big chunk out of their income. Also, each platform usually contains a token that can only be utilized on their respective platform, thus making it virtually impossible to transfer the token to different platforms. These tokens also usually do not hold any monetary value so they cannot be used in a typical financial transaction.
SIX network is one of the first ICO projects that focused on solving problems for over 100 millions creative workers around the world to help them lead a better life. SIX network is formed by the group of companies that own leading creative platforms in South East Asia. These companies are comprised of Ookbee U, a joint venture between Tencent and Ookbee, Computerlogy, a company expert in technology and big data, and YDM from South-Korea. There are over 10m creative workers and 85 million USD revenue circulated on our platforms combined monthly and we have the plan to replace SIX token as a medium of our future.
SIX network started ICO process in March 2018 and sold out all of its tokens in May 2018. In June 2018, we continued to roll out our Strategy & Vision to solidify the confidence of our investors. One of our goals is to become the first platform in the world to change the perception of Blockchain technology from difficult to use and interact to become the technology that is easily applied and applicable in our daily life for creative workers and normal users.
In today’s world, we cannot ignore the fact that the trend of application development is to use API system acting as a bridge to connect other applications to the platform. At SIX network, we have one of the best team of developers that are expert in API development in the country. We hope to develop our infrastructure to become Blockchain-as-a-service. This year, we are developing SDK for our partners and developers to use via our infrastructure through our API system. We plan to let our partners use “Pay with SIX” system that is integrated with our API, making their integration as easy and seamless as possible.
“SIX network has formed a partnership and co-invested in Chomchob, which is a platform that collected points/tokens from different providers and converts into over 200,000 products and services in Thailand. When we are fully integrated SIX Token to Chomchob platform, SIX token will become one of the world first cryptocurrency to be able to buy products and services in our daily life such as exchanging the tokens as a money coupon in fast food restaurant to purchase the foods” Mr. Vatchara, Co-CEO of SIX network, said
Mr. Natavudh, Co-CEO of SIX network added “SIX network consists of platforms with over 10 millions creative workers in South East Asia and is constantly growing. We believe that our roadmap will help creative workers experience Blockchain technology in a more refined way under the approach that they can all relate to.”
The new SIX are including features with the focuses of four key areas to meet the needs of the new generation users.
The new SIX application focuses on creating a seamless way to communicate between users and improving users experience by integrating their favorite contents and assets from different platforms to SIX application. With our new application, users can send and receive tokens and contents within our built-in chat application.
Partnering with leading financial institutions, SIX application allows the user to do more than just storing the asset; we want to help you grow the assets. The users will be able to invest their assets on our platform, which is managed by top investment gurus in Thailand or even utilize lending portalsto secure the financial needs.
The brands can interact with users more than ever with the new platform on SIX application. With this platform, brands can create their page to promote their contents and promotions directly through SIX application. They can also provide an incentive for users to follow their channels and stay updated with their latest contents.
Move beyond just the wallet into communities platform for the users to stream and buy contents from creators directly on our platform. Last but not least, the new “marketplace’ feature will allow users to trade, sell and buy assets from all platforms on SIX application’s marketplace.
Ultimately, SIX network will become an important platform for creative workers and users that will suit the lifestyle, including using it to purchase product both offline and online or making an investment or transaction between both parties. SIX network aims to be the platform that contains one of the highest net worth of digital content in the world. SIX network still seeking for new partnerships that are poised to thrive and help develop the creative industry.
Lastly, be apart of the SIX network project today, visit Liquid.com and Coinsuper.com to get SIX token. This is just the first step of us, and there will be couple more exchange markets coming soon so please stay tuned.
Advised by Steve Chen, co-founder of YouTube, Theta’s decentralized video delivery network reached over 530,000 users on Theta testnet, partners with leading Korean media platforms.
Cupertino, Calif., September 18, 2018 – Theta, the leading video delivery network on blockchain advised by the co-founder of YouTube, announces that MBN and CJ Hello has joined its Media Advisory Council as strategic partners. MBN is a division of Maekyung Media Group, a highly-diversified media company that owns some of the biggest names in communications and broadcasting in South Korea, and CJ Hello, a subsidiary of the $25B Korean conglomerate CJ Group is one of the country’s largest cable TV operators and mobile providers, will each partner with Theta to deepen media engagement and power revenue growth. The Theta token was recently listed on Bithumb exchange at the end of August.
Theta’s initial results from its June testnet launch revealed strong user engagement on the SLIVER.tv esports platform which rewards users with Theta tokens for re-streaming content to others in the network. After deploying Theta’s video delivery network powered by blockchain, SLIVER.tv saw a 70 percent increase in total monthly visits, reaching nearly seven million. The average viewer spent 31 minutes on the testnet channel, compared to 11 minutes across other channels and 6 minutes on Twitch during the same time frame. Since the launch, more than 530,000 users across 150 countries have shared bandwidth on the Theta network.
“Theta’s impressive early results from June convinced us to take a closer look at Theta as a media blockchain partner to build a decentralized video delivery network,” said Mr. RYU Ho-Gil, CEO of MBN. “We’re excited to collaborate with Theta to achieve three key business goals, deepen user engagement and session times across our platform, reduce content delivery costs and drive increased market share. Together, we hope to explore a range of exciting opportunities to deliver content in new ways.”
“Speaking from my media experience working at YouTube Korea and Naver, the battle for consumer attention is fiercer than ever with a sea of content on every device from set top boxes to mobile and web desktop” said Yooshim (Karen) Huh, Senior Vice President of CJ Hello. “Theta’s new blockchain model provides a valuable tool to stand out and encourage users to spend more time with content we’re already delivering, from hit TV shows to K-pop. With a focus on powering mobile and OTT solutions, Theta promises to be a core part of our long-term growth strategy.”
“South Korea has always been at the forefront of technology development and innovation. We’re delighted to partner with two of the largest Korea media platform to bring blockchain technology to the mainstream and invent the future of media,” said Mitch Liu, co-founder and CEO of Theta Labs. “MBN and CJ Hello are deploying real world media and entertainment solutions powered by Theta blockchain that are still just theories for most companies. As video streaming continues to grow exponentially, these Korean media leaders are staying ahead with breakthrough innovation that’s proven to connect viewers with content at massive scale.”
Theta is a video delivery network powered by blockchain that incentivizes anyone to restream video and enables next-gen video apps that drive more revenue, deepen viewer engagement and reduce costs. Theta’s protocol enables users to earn tokens by restreaming video via excess bandwidth on any device. Restreamers improve quality by serving video locally and can use tokens to purchase premium experiences, content and products. By deploying Theta, platforms can create new business models, generate more touchpoints with viewers, deepen engagement and seed superfans. Learn more at thetatoken.org.
Popular AR beauty app Perfect365 has integrated the Kin Cryptocurrency on its platform. This aims at maximizing the popularity of Cryptocurrency among women since Perfect365 has 95% of women as its users. Users can spend their earned Cryptocurrency on premium features within the app. Kin is currently available in Android phones by Google Play store and for a test group of Android users in the U.S., India, U.K., Canada, and Australia.
South Korea wants to promote the Blockchain technology but will curb transactions of cryptocurrencies. The expansion of Upbit brand into Singapore comes at a time when tech firms and cryptocurrency exchanges are joining to set up new exchanges in the region. Line, subsidiary of South Korean giant Naver, opened its new exchange Bitbox in Singapore and also South Korean platform Coinone launched operations in Indonesia.
Greenwald has founded a Cryptocurrency exchange, LXDX that seeks to make the nascent asset class more accessible to institutional investors while also providing individual investors with professional-grade trading tools. This development by a former SpaceX engineer shows Cryptocurrency is in a good place. Demand for access to Bitcoin and altcoins is on the rise, especially among institutional traders.
Ripple will launch xRapid in mid of October month which is unique from Ripple’s other Blockchain-based settlement system such as xCurrent. The new product will allow banks and payment providers the ability to process cross-border transactions faster since xRapid product uses the XRP Cryptocurrency as a kind of “bridge” between currencies.
Telecom Wave in Blockchain: Watching the crypto madness and the market falling at rates which cannot be analyzed, all this has led to investors feeling that cryptocurrency is going down and the risk is just too high, but the forecast of the cryptocurrency reaching greater rates irrespective of the rates now, the telecom companies of South Korea are leading the way of Blockchain technology.