Hewlett Packard Enterprise and 47 Organizations Join 200-Member Strong Enterprise Ethereum Alliance 0

FOR IMMEDIATE RELEASE

Four More Working Groups Launched for A Total of 14; Includes Quorum, Communications Protocol, Standards and Integration and Tools Working Groups

NEW YORK, N.Y., USA – October 18, 2017 – The Enterprise Ethereum Alliance (EEA) announced today that Hewlett Packard Enterprise, along with 47 other companies, had joined, raising membership to 200. In addition, four member-driven Working Groups were launched bringing the total to 14 Working Groups and Committees initiated since EEA’s launch in February of this year.

EEA is the world’s largest open-source blockchain initiative and offers the most industry-focused, member-driven Working Groups. ​EEA’s membership represents a wide variety of business sectors from every region of the world, including technology, banking, government, healthcare, energy, pharmaceuticals, marketing, and insurance, as well as a number of fast-growing Ethereum startups.

“Joining the EEA is a significant step for Hewlett Packard Enterprise in making blockchain enterprise-ready and accelerating our customers’ journey to production,” said Markus Ogurek, HPE’s Global Financial Services Industry Lead. “Our commitment to the EEA will help enterprise-grade blockchain technology adoption and will enable clients to innovate in most demanding applications.”

Along with Hewlett Packard Enterprise, new members joining the EEA include:

1Up Systems PTY LTD, Aigang Network, Audiology Live Corporation, Australian Digital Commerce Association (ADCA), Bacoor Co., Ltd., BetekenisAcademy, bitfwd project, University of New South Wales, Black Market Studios, Blockchain Development Company, Blocksafe Foundation, BTM Blockchain Technology Malaysia Sdn Bhd, BTS, C.O.S.S. Pte. Ltd., Cambridge Blockchain, Centra Tech, Inc., CMT Digital Limited, CoinCircle, Crypto Valley Association, CSA Consulting and Solutions Ltd, Dash Core Group, Inc., DLT Labs, Donnelley Financial Solutions, Eximchain, Finantech Vastgoed Investering CV, Finchain, Global Partnerships Forum, Infinity Blockchain Labs, InfoObjects Inc., Investrata Foundation for Social Entrepreneurship (IFSE), LIFElabs, Lunyr Inc., Maintio Ltd., Metaps Plus, MyBit Foundation, Nanchang Buluo Chain Tech. Ltd. Co., National Association of REALTORs, Open ANX Foundation Limited, Oracles Network, SettleMint, Singapore University of Social Sciences, Sipree, Inc., SmartContract, Somish Solutions Limited, TenX PTE LTD, Trail of Bits, Trellis and WeChain.

New Working Groups and Committees include:

  • The Quorum Working Group, Co-Chairs: Conor Svensson, blk.io and Alex Liu, AMIS
  • The Communications Protocol Working Group, Co-Chairs: Oliver Kemmis, Globility Limited and Dele Olajide, TraderLynk
  • The Integration and Tools Working Group, Co-Chairs Conor Svensson, blk.io and Alex Liu, AMIS
  • The Standards Working Group, Chair position open
  • The Marketing and Communications Committee, Co-Chairs: Andrew Keys, Consensys and Amanda Gutterman, Consensys

The EEA is an industry-supported, not-for-profit established to build, promote, and broadly support Ethereum-based technology best practices, open standards, and open-source reference architectures. Formed earlier this year, the EEA is helping to evolve Ethereum into an enterprise-grade technology, providing research and development in a range of areas, including privacy, confidentiality, scalability, and security. The EEA is also investigating hybrid architectures that span both permissioned and public Ethereum networks as well as industry-specific application layer working groups.

EEA will collectively develop open industry standards and facilitate collaboration with its member base and is open to any members of the Ethereum community who wish to participate. This open-source framework will enable the mass adoption at a depth and breadth otherwise unachievable in individual corporate silos and provide insight to the future of scalability, privacy, and confidentiality of the public Ethereum permissionless network.

For additional information about joining EEA, please reach out to membership@entethalliance.org.

###

For further information, contact:

Bob Olson Enterprise Ethereum Alliance, Public Relations
+1.781-876-8839 (office)
+1.978-872-7120 (m)
robert.olson@entethalliance.org

 

Mary Campbell Enterprise Ethereum Alliance, Public Relations
+1.781-876-6253 (office)
mary.campbell@entethalliance.org

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trade.io Raises Over $25 Million & Continues Forging New Partnerships, Adding Value to Its Trade Token (TIO) 0

3 January Is The Last Day To Participate

Wednesday 03 January, 2018, Zug, Switzerland – trade.io has announced that it has raised over $25 million from more than 12,000 participants worldwide.  Now reaching the end of crowdfunding activities for its ICO, the company has announced 7 partnerships with major international industry players including technology leaders, exchanges and academic institutions, signaling that the company has long term plans to dominate the financial and blockchain environments.

  • Civic, revolutionary identity verification services will be provided to trade.io, greatly reducing inefficiencies and improving the user experience.
  • OKEx, one of the largest global digital asset exchanges. The Trade Token (TIO) will be listed from 8 January.
  • Bancor. The integration allows the trade.io ERC20 token known as Trade Token or “TIO”, to be converted to and from Ethereum ERC20 tokens in the Bancor Network directly from a simple web application.
  • University of Nicosia.  The company will fund two post-doctoral seats to focus on advanced research in Distributed Ledger Technology (DLT)
  • HitBTC Exchange, once of the largest cryptocurrency exchanges. The Trade Token (TIO) will be listed from 8 January.
  • Plans to purchase US-regulated Broker / Dealer. This will allow trade.io to contemplate U.S. oriented investment banking services in a regulatory compliant manner
  • Modular Blosym Framework. Blosym will offer an easy point-and-click interface for smart contract deployments and point-and-click token crowdfunding participation. 

Of the development, trade.io CEO, Jim Preissler commented, “We would like to take this opportunity to thank all of the contributors who have far exceeded our expectations in joining our ICO.  Each contributor is making his or her mark in helping to democratize the markets. Whilst the ICO ends tomorrow, there is still a last chance to participate, plus anybody interested in joining our unique Liquidity Pool will still be able to purchase Trade Tokens after 8 January via one of the big exchanges.”

Find out more by visiting trade.io

About trade.io

trade.io democratizes the financial markets and saves money for investors and companies through reducing and eliminating fees and inefficiencies by utilizing its innovative Blockchain trading platform. Disrupting a whole ecosystem of banks, advisors, markets, and record keepers which are extracting fees and can be disintermediated and commoditized by more efficient peer-to-peer Blockchain platforms. The trade.io exchange not only supports trading of assets, but supports a more efficient listing of assets in the crypto economy under the indelible and trusted history that Blockchain provides. The company couples these operational assets with investment banking experience, senior advisory expertise, as well as operating their system in a regulated and compliant environment.  

PR: trade.io To List on OKEx Along With 100,000 Trade Token Giveaway 0

Friday 29 December, 2017, Zug, Switzerland – trade.io is extremely proud to announce that it has received approval to list on one of the largest global digital asset exchanges, OKEx, based in Belize with its main operation hub located in Hong Kong. OKEx is an international company specializing in blockchain technology and digital asset development and applications. OKEx.com, its flagship platform, is often ranked as the Top 3 (overall) in daily trading volume. To celebrate this partnership, trade.io will airdrop 100,000 TIO Trade Tokens via OKEx to some lucky OKEx customers.

Of the development, trade.io CEO, Jim Preissler commented, “We’ve had an amazing ICO to-date, raising over $20 million, and we are obligated to all those that have participated to continue to offer value adds. We identified OKEx as an industry leader and feel our community would benefit from this relationship.”

The Trade Token will be listed as TIO and official trading pairs will be:

TIO / BTC

TIO / ETH

TIO / USDT

Trading will officially commence on January 8th, 2018 and details of the air drop will be released prior to the Trade Token launch. trade.io is currently nearing completion of its token generation event and has received contributions from over 10,000 participants.

Find out more by visiting trade.io/okex

trade.io Partners with Bancor Protocol to Provide Continuous Liquidity to Token Holders 0

Thursday, 28 December 2017, Zug, Switzerland – trade.io, a next generation blockchain based financial exchange, continues to add to its impressive list of partnerships by announcing plans to integrate Bancor Protocol, a standard for autonomously convertible blockchain cryptocurrencies called Smart Tokens.

The integration allows the trade.io ERC20 token known as Trade Token or “TIO”, to be converted to and from Ethereum ERC20 tokens in the Bancor Network directly from a simple web application. The creation of a Bancor-compliant Token Relay will take place shortly after the conclusion of trade.io’s token sale and will allocate 2% – 5% of total market cap. You can join the trade.io community here.

On the relationship, trade.io’s CEO, Jim Preissler commented, “We continue to deliver to the trade.io community unique value added propositions, and see this relationship with Bancor as a further example. We already have generated a large demand for our community and it’s only logical to provide a simple way to convert tokens.

trade.io is currently in the midst of its token generation event and has received nearly $20 million in contributions from over 10,000 participants. Earlier this year the Bancor Protocol attracted $153 million in contributions, making it one of the most successful token generation event launches to date.

Visit https://trade.io/bancor for further information and to read the trade.io White Paper.

trade.io Partners with Civic to Provide Identity Verification via the Blockchain 0

18 December 2017, Zug, Switzerlandtrade.io, a next-generation cryptocurrency exchange, has announced a partnership with blockchain-based identity verification pioneer, Civic. The agreement allows trade.io the ability to provide Civic’s revolutionary identity verification services for the convenience of future users in the trade.io ecosystem. Civic’s verification service reduces the overall cost of know your client (KYC), removes inefficiencies, enhances security and privacy, and greatly improves the user experience. 

trade.io, which also provides the industry’s first liquidity pool, which distributes up to 50% of daily revenue to liquidity pool participants, intends to utilize Civic’s identity verification services to qualify clients for the liquidity pool and trade.io exchange. By offering Civic’s services, it will be able to cut down the time to onboard clients in an AML-compliant manner significantly.

Commenting on the partnership, CEO Jim Preissler commented, In the world of finance there is a delicate balance between being AML compliant, but also providing your customer an efficient, scalable solution to make sure they’re accessing our platform, and trading in a short amount of time. After extensive vetting, we were happy settling upon Civic who is without question the leader in this field.”

 Civic CTO, Jonathan Smith remarked, “We were intrigued with trade.io’s experience in the industry and approach to ensuring compliance and adhering to regulatory matters. We are looking forward to a long mutually beneficial relationship with trade.io.” 

trade.io is currently in the midst of its ICO and has raised over $18.2M thus far from over 7,000 participants. In October, Civic made headlines by raising over $30M which at the time was the largest ICO raise of 2017. 

trade.io Partners With Modular, Inc, to use new Blosym framework, Decreasing ICO Process by 85% on Ethereum Network 0

14 December 2017, Zug, Switzerland, trade.io has teamed up with blockchain innovators, Modular Inc. (formerly Majoolr) to employ Modular’s new Blosym system.  Blosym is an all-in-one platform for distributed applications.  Blosym will simplify the use of Ethereum applications by offering an easy point-and-click interface for smart contract deployments and point-and-click token crowdfunding participation.  Current research and development is underway for future point-and-click distributed applications.  

The relationship empowers trade.io‘s platform with Modular’s security focus on the back-end, usability on the front-end, along with integrating second layer network scaling tech such as TrueBit, thereby creating a synergistic advantage between the two companies in terms of unlocking mainstream adoption for blockchain technology.

On the development, Charles Voltron, trade.io’s CTO commented, “This partnership is significant with regards to executing on our initiative on assisting companies to ICO on the trade.io platform in a safe and efficient manner by also utilizing the Blosym platform.  The ability to cut down the amount of time for a company to ICO without compromising on security will be beneficial to the dozens of companies we have waiting to list their token on the trade.io platform once we launch.  What usually takes upwards of 3-4 months will now take a few weeks, and  allow companies to focus on the fund raise rather than the technical concerns

Christopher Brown, CEO of Modular Inc, commented, “We’re excited to work with trade.io and offer Blosym to its client base as they establish themselves as one of the leaders amongst crypto exchanges.” 

Ethereum has reached a $51B market cap this year despite losses of over $100M due to source code glitches, web phishing, and private key hacks. All of this due to early technology still finding its way, Modular is a group of 6 developers actively problem solving in the Ethereum ecosystem. Modular has a full open source repository which can be found at:  https://github.com/Modular-Network/ethereum-libraries 

trade.io has just started its ICO and has raised upwards of $17 million from over 7,000 participants.  

 

Spectre: Eliminating Fraud With Decentralized Liquidity Pool 0

Cookeville, TN- Speculative Tokenised Trading Exchange, otherwise known as SPECTRE, is a new and innovative platform designed to rid the financial market of the ethical issues it faces. SPECTRE was first developed in the fourth quarter of 2016 by Karan Khemani and Zisis Skoulouds of Neuchatel Ltd. Both of these men have strong backgrounds in the financial world. Khemani once held executive positions at companies such as J.P Morgan and Goldman Saches. He is a blockchain enthusiast who received his BSc and MSc in Decisions Sciences from the London School of Economics (LSE). Khenamani is responsible for the design, architecture, and expansion of SPECTRE into the marketplace. Skoulouds is an electrical engineer who has previously worked at INO SA & Siemens where he designed and implemented their ERP software. Skoulouds received his MSc in Decisions Sciences from the LSE and is responsible for the financial forecasting and risk management of SPECTRE’s liquidity pool. These two men, with the creation of SPECTRE, seek to rid the financial marketplace of the ethical issues of the traditional methodology.

The traditional financial trading model is rife with unethicality. The current industry loss ratio is 70-90% and this is in large part due to the manner in which traders are taken advantage of by brokers. These middlemen, whose job it is to look out for the interests of their clients, have been known to practice less than ethical methods of increasing their commission. They can prevent or hinder withdrawals, manipulate trades by dishonestly reporting market prices, trade on behalf of the trader without their explicit permission, and otherwise taking advantage of both experienced and inexperienced traders alike.

The lack of transparency within the traditional market is due in large part to the practices of brokers. Brokers, in the traditional system, make the majority of their commission off of the loss of traders. This gives them the motivation to use a combination of unethical tactics in order to maximize their profits.

The brokers who use these unethical tactics often offer bonuses to new traders without alerting them to an important detail. Their money is now tied in with the bonus within the brokers’ account and, until they make a certain percentage of a profit above the bonus, their money cannot be withdrawn. Others are more forthcoming but still seek to prevent withdrawals and will overwhelm their traders with new paperwork and enthusiastic urges to place more money into their trading account. There have even been reports of traders withdrawing their money only for it to never materialize into their bank account.

Brokers also have been known to dishonestly report current marketplace prices. The feeds from which they receive their prices are not readily available to traders which allow brokers to manipulate the numbers until a trader’s win turns into a loss. This allows the broker to further manipulate the trade by hedging against the trader’s bet.

SPECTRE seeks to disrupt this by eliminating the roots of the problem; the brokers and the lack of transparency they foster. Oto Suvary, Director of R&D at SPECTRE writes:

“Because we remove B-Book brokerages and replace them with immutable smart contracts, we are addressing a major need with our prediction market platform by preventing many forms of global financial fraud.”

SPECTRE is built upon Ethereum blockchain technology to foster transparency by removing the broker from the system entirely. Ethereum allows traders to use crypto-wallets to invest in the liquidity pool, rather than investing directly into a broker account, which makes human intervention by SPECTRE within trader accounts impossible.

The liquidity pool, along with not having a direct access to trader accounts, is directly funded by token purchases. Each trader that invests in the liquidity pool, irregardless of the token they invest in, has a share in it.

SPECTRE has two distinct token types for their investors to buy. Their Dividend Token, also known as D-SPECTRE coin or D-Token, is the base token investors can buy. It pays out a 2% dividend, allocated monthly, to all D-token holders for each time that a trader makes a trade. SPECTRE also gets a 2% cut, allocated in the form of a technology fee, with each trade. This allows profits to be made off of volume rather than solely from win/loss ratios. The second token type is their Utility Token. This token is a premium token, known as U-SPECTRE coins or U-Tokens, that do not get the typical 2% dividend payout. Traders who buy this token instead receive a 1-5% higher trade out pay in comparison to the d-tokens. They also get access to more sophisticated smart contract options such as exotic trade types, knock-in-knock-outs, barriers, ladders, and other options. 3% of SPECTRE’s profits from fees are additionally devoted to buying back U-tokens through their buyback program. This allows the dynamics of the liquidity pool to be changed according to the daily needs of the platform. This, coupled with their adaptive trading program, increases transparency within the financial marketplace.

Their adaptive trading program uses a variety of algorithms to protect traders and promote transparency.  Processes as emotion control, risk management, and trade opportunity recognition are managed by these algorithms. These processes assist in keeping track of traders strengths, weaknesses, and other statistics which are useful to the improvement of the trading experience. SPECTRE keeps track of these and alerts the trader if they’re about to make a costly mistake. Traders are also allowed to monitor the live value and fluctuations of the liquidity pool along with the dividend payouts made. This, unlike traditional models where this is not possible, allows the trader to be completely certain no fraud has occurred. With SPECTRE’s transparency, traders can have complete faith in the fact that their tokens are being used as intended. This increases transparency and protects the trader from fraud and unethical behavior.

SPECTRE’s token sale starts on the 17th of November 2017 at 12:00 PM GMT and ends on the 10th of December 2017 at 11:59 AM GMT. The public alpha went live in September 2017 and the connection to the live Ethereum main net environment is scheduled for the first quarter of 2018. Access will be made available on www.spectre.ai.

Media Contact:

Cheryl Buckingham
team@spectre.ai
www.spectre.ai