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Topic: [ANN] [Pre-Sale] ARANEOBIT - sharing money, sharing anything - page 71. (Read 8061 times)

sr. member
Activity: 714
Merit: 250
Great project, very relevant for today! I am very glad that I found it, now I will attend! Good luck!
Totally agree with you! And what do you think about the team?
The team is very strong, I know all the guys! Everyone has a very rich history, I think they are very well versed in this field and I can make a really good project!
sr. member
Activity: 644
Merit: 250
Great project, very relevant for today! I am very glad that I found it, now I will attend! Good luck!
Totally agree with you! And what do you think about the team?
sr. member
Activity: 490
Merit: 250
Great project, very relevant for today! I am very glad that I found it, now I will attend! Good luck!
member
Activity: 252
Merit: 10
Nice project! Waiting for bounty!  Smiley
full member
Activity: 476
Merit: 100
Hello all!

Cryptocurrency world is not standing still, and AraneoBit is watching it closely. In our today’s digest you can find the most important crypto events in Russia, new events and the recents ones.

For sure you have already heard the story about the mysterious whitepaper of Telegram Open Network (TON). The document signed by Nikolay Durov was released in early January, but still there are no statements neither at the official website nor in the interview of Pavel Durov. Meanwhile, the project created much excitement and apparently, raised much funds (4 billion USD already!). 132-page document similar to a serious scientific article, describes different generations of blockchain, the services that are planned to be launched on Telegram base, the main difficulty  — load partitioning and, of course, the Gram tokens.  Let us remind you that Nikolay Durov is a developer of algorithms for “VKontakte” and Telegram services. The algorithms make possible to distribute the load in the system with hundreds millions of users.


To learn more about the project in English please check the link:
http://zefir.site/wp-content/uploads/2017/12/ton-tech.pdf the brief summary in Russian can be found there:
https://golos.io/ru--blokcheijn/@devolanov/ico-ton-white-paper-na-russkom.

It is worth to mention that among the blockchain based services there is a TON Payments service that allows to make crypto payments with Telegram. We knew this was a working idea, friends!

The enormous controversy has been raised around the project of the law regulating the cryptocurrencies. The project is available at the website of the Ministry of Finance from January 25 (if you have not yet seen it, check it at https://www.minfin.ru/ru/document/?id_4=121810&order_4=P_DATE&dir_4=DESC&is_new_4=1&page_4=1&area_id=4&page_id=2104&popup=Y)

The Ministry of Finance proposed to handle all the transactions with tokens through the “exchange operator of digital financial assets”, in other words,  with high fees and other bureaucratic complications. The payments in cryptocurrency still will have no legal force. The tokens issued during the ICO will be classified as securities, and the requirements towards the ICO will be more strict. In short, this seems to be a harsh project that already caused a lot of critical objections from crypto community. For example, the authorized representative of the President of Russia on business affairs Boris Titov declared that such kind of a law will be too severe in comparison with the other countries where the cryptocurrency is regulated (Japan, Switzerland, Belarus, Armenia).

The Central Bank supported the ideas of the Ministry of Finance, but objected against listing cryptocurrencies on exchanges. The reasons were that in this case the swindlers would have much more and easier possibilities for money laundering.
However, the Central Bank approved the idea to exchange the tokens issued during ICOs, to fiat money. This will help to attract investors’ funds to the country. By the way, according to Forbes, there were 234 ICOs in Russia in 2017 with 3,7 billion USD raised. Russia holds the second place in the world in terms of the raised funds during the ICOs.
The deputy of the Duma from the KPRF fraction Rizvan Kurbanov proposed one more legislative project which offers to create a CryptoRouble and to make it a legal payment method on the territory of Russia. But, judging by the Central Bank statements, cryptocurrency will not become a national digital asset soon enough.

Is it good or bad, we do not know yet. Good to know that the ICOs on the territory of Russia will not be banned, this means that AraneoBit project will keep working and will solve the problems as they arise.

Stay with us and be tuned with AraneoBit!

https://t.me/AraneoBit_En


full member
Activity: 476
Merit: 100
Blockchain for Migrants

George Soros, the billionaire investor and philanthropist working to ease the global refugee crisis, said Thursday that he’s found a new way to help migrants: blockchain technology.
Speaking at the World Economic Forum in Davos, Switzerland, Soros explained how the technology underpinning cryptocurrencies such as Bitcoin can play important roles in immigration.

“Blockchain technology can be put to positive use. And we use it actually in helping migrants to communicate with their families and to keep their money safe and to carry it with them,” Soros told the Davos crowd during a question-and-answer session following his speech.
It wasn’t immediately clear how the billionaire was harnessing the technology for these purposes. Soros’ Open Society Foundations, a philanthropic organization dedicated to worldwide democracy, last fall awarded a $100,000 grant to the Center for Human Rights Science at Carnegie Mellon University, which is exploring using blockchain and other new technologies to record rights violations and atrocities. (A spokesperson for Soros’ foundations did not initially respond to a request for more information.)

Blockchains are distributed ledgers that keep a secure record of transactions, whether financial or otherwise.
The most obvious way migrants could use blockchain technology to securely store money while traveling would be to convert cash into digital currency, but Soros dismissed the value of cryptocurrency, making clear he believed its primary appeal was “for tax evasion” and “the rulers of dictatorships.”
Others, however, such as angel investor and entrepreneur Naval Ravikant, have praised cryptocurrency as a means of escaping the oppression “from oligarchs and tyrants.”

An octogenarian immigrant from Hungary, Soros added: “Cryptocurrency is a misnomer and it’s a typical bubble which is always based on some kind of misunderstanding. Bitcoin is not a currency, because a currency is supposed to be a stable store of value, and a currency that can fluctuate 25% in a day can’t be used, for instance, to pay wages, because the wages could drop by 25% in a day.”

http://telegra.ph/Billionaire-George-Soros-Is-Using-Blockchain-Technology-to-Help-Migrants-01-26

https://t.me/AraneoBit_En

sr. member
Activity: 1451
Merit: 258
I do not understand for whom this service with transfers is relevant. It's easier to just use a bank transfer to me and it seems faster.

You're wrong! It will take much more time, you will have to spend time going to the bank, processing the transfer, just have to pay a commission for it.
This service is relevant for international transfers, as it seems to me.
But is not it easier to use the western union for such translations?
I think it's more convenient
Again, no. This will have an excessively high commission cost.
It is much easier to use Araneo's application in two clicks and conclude a deal.  Smiley
The conclusion of this service is understandable, but it's still not clear how this will work in life. I would like to see a working prototype. to test the operation of the service.

All should be examined wisely, so that no results are disappointing, let alone about the prototype should be even sharper to see it.
full member
Activity: 476
Merit: 100
Innopolis University questioned the experts about the legal status of cryptocurrencies

Innopolis University questions the experts of Telegram chat bot and all the answers are recorded in Ethereum blockchain. The staff of the IT university believes that the published results of the survey will help the legislators to elaborate the legal rules for using blockchain technologies in Russian economy.

The experts of the Centre of distributed ledger systems in Innopolis University were the initiators of the survey. They refer to the instruction of Vladimir Putin to the Government of the Russian Federation and to the Central Bank of Russia to introduce the changes in the legislation. The changes will provide a definition of the status of digital technologies used in financial sphere and their concepts.

Rustam Davletbaev, a head of the Centre of distributed ledger systems in Innopolis University and AraneoBit advisor: “ We are collecting the opinions of professional community on the wide circle of issues related to blockchain technology, cryptocurrencies and ICO in Russia. If the legislators will make an unreasonable decision, it can have a negative side effect on the economy of our country. That is why such a research will help to evaluate the risks and perspectives of these decisions for the technological breakthrough of Russia in the global market”.  
The survey “Legislative regulation of cryptocurrencies, ICO and blockchain technology” consists of two parts. In the first part the experts answer the questions about the pros and cons of legislative control, the experience of other countries and the perspectives of using the cryptocurrencies in Russia. In the second part the respondents evaluate the answers of the other participants of the survey.
The link to the survey:
https://t.me/innopros_bot

Reference:

Innopolis University is a Russian university specializing in education and scientific research in IT area. The IT university opened a Centre of distributed ledger systems for research and development of decentralized projects in 2017.  In 2018 Innopolis University will start the development of its own master program for training the experts in blockchain technology.
https://t.me/AraneoBit_En

full member
Activity: 476
Merit: 100
Meet AraneoBit in Perm!

The first conference dedicated to bitcoin, mining, blockchain and cryptocurrency was held on January 26 at 12 p.m. in Perm. AraneoBit project advisor Rustam Davletbaev was among the speakers. AraneoBit CEO Sergey Konev also attended the event and took part in the discussions of the actual problems of the crypto market.

The list of the speakers also included a general director of CryptoOneBank in Russia Alexey Ponomarenko, the director of the Russian association of cryptocurrency and blockchain (RACIB) Alexey Tscheltsin and the Chief Development Officer of “Analytics inside” company Anastasia Tyurina. The full conference schedule can be found at
http://cryptoperm.ru/#rec40968486

Follow the news and stay with AraneoBit!

https://t.me/AraneoBit_En


full member
Activity: 518
Merit: 101
In general, as far as I understand the main rate, developers of this service are doing for labor migrants who do not have the opportunity to use traditional services to transfer money, right?
As far as I understand it, that's exactly what the developers are counting on.
Only I do not understand how all the translations will guarantee their success?
In what sense is it guaranteed?
I think the main idea is based on mutual trust, is not it?
And there is no guarantee that it will not be implemented before.
full member
Activity: 476
Merit: 100
In general, as far as I understand the main rate, developers of this service are doing for labor migrants who do not have the opportunity to use traditional services to transfer money, right?
As far as I understand it, that's exactly what the developers are counting on.
Only I do not understand how all the translations will guarantee their success?

All the users of AraneoBit system will pass several basic levels of verification:

● they will submit a photo with their passport;
● they will need to attach their bank card (several bank cards can be attached);
● they will have to submit their driver’s licence (if available);
● they will provide links to their social networks;
● they will sign a consent to personal data processing;;
● they will sign a formal offer that AraneoBit company does not bear any responsibility for the location where the meeting will take place.
Depending on the jurisdiction of some countries, the list of the documents can change. AraneoBit system will automatically block all unscrupulous participants of the transactions after the first failed order. To store the information about the users we will sign a contract with the service of personal data storage. Also all the information about the transactions will be recorded in blockchain.

There is an anti fraud system based on scoring system inside the service. The initial scoring process will be made using these ways:

● after the transaction completes, AraneoBit system will suggest the users to
evaluate the other side on a 5 point scale — the evaluation will build a trust rating
of the user;
● all the registered users of the system will be offered to submit the surveys; the
number of submitted surveys will build the loyalty factor of the participant;
● the users who will purchase the production with the bot in the online store will also
gain points for the loyalty factor.

Every user of AraneoBit system will have the indication of the number of successfully completed transactions, the confidence rating and the loyalty factor points.
member
Activity: 210
Merit: 10
In general, as far as I understand the main rate, developers of this service are doing for labor migrants who do not have the opportunity to use traditional services to transfer money, right?
As far as I understand it, that's exactly what the developers are counting on.
Only I do not understand how all the translations will guarantee their success?
In what sense is it guaranteed?
sr. member
Activity: 476
Merit: 251
In general, as far as I understand the main rate, developers of this service are doing for labor migrants who do not have the opportunity to use traditional services to transfer money, right?
As far as I understand it, that's exactly what the developers are counting on.
Only I do not understand how all the translations will guarantee their success?
member
Activity: 210
Merit: 10
In general, as far as I understand the main rate, developers of this service are doing for labor migrants who do not have the opportunity to use traditional services to transfer money, right?
sr. member
Activity: 574
Merit: 250
Will not it take too long to develop a platform?
What do you mean?
The development will last as long as necessary.
I mean, will this service still be relevant by the time it is fully implemented?
Can money transfers lose their relevance?
This service does not risk losing its relevance, because money transfers have always been and will be relevant.
In addition, I have not yet seen competitors who are ready to offer a similar idea. Smiley
Hmm..
I guess you're right. In this there is a definite meaning.
member
Activity: 238
Merit: 13
Will not it take too long to develop a platform?
What do you mean?
The development will last as long as necessary.
I mean, will this service still be relevant by the time it is fully implemented?
Can money transfers lose their relevance?
This service does not risk losing its relevance, because money transfers have always been and will be relevant.
In addition, I have not yet seen competitors who are ready to offer a similar idea. Smiley
full member
Activity: 476
Merit: 100
I do not understand for whom this service with transfers is relevant. It's easier to just use a bank transfer to me and it seems faster.

You're wrong! It will take much more time, you will have to spend time going to the bank, processing the transfer, just have to pay a commission for it.
This service is relevant for international transfers, as it seems to me.
But is not it easier to use the western union for such translations?
I think it's more convenient
Again, no. This will have an excessively high commission cost.
It is much easier to use Araneo's application in two clicks and conclude a deal.  Smiley
The conclusion of this service is understandable, but it's still not clear how this will work in life. I would like to see a working prototype. to test the operation of the service.
Well, we'll have to wait, the first versions of the software product will be available only in 2018

Guys, we are at the second stage and testing the prototype of the android app now. It's already possible to transfer money from point A to point B without fee.
sr. member
Activity: 574
Merit: 250
Will not it take too long to develop a platform?
What do you mean?
The development will last as long as necessary.
I mean, will this service still be relevant by the time it is fully implemented?
member
Activity: 238
Merit: 13
Will not it take too long to develop a platform?
What do you mean?
The development will last as long as necessary.
member
Activity: 126
Merit: 10
Clever usage of Telegram, I'd like to try it out sometime!
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