Crypto startup Zeus Exchange uses Chinese tech to transform shares via blockchain
http://technode.com/2017/11/28/crypto-startup-zeus-exchange-uses-chinese-tech-to-transform-shares-via-blockchain/
It will soon be possible to buy shares anonymously and securely anywhere in the world via cryptocurrency. And for smaller investors, shares of shares will be available, all for almost no transaction fees. TechCrunch Shanghai exhibitor, Russian startup Zeus Exchange, has registered in Singapore and become licensed in Cyprus to trade shares using the smart asset blockchain—the world’s first—developed by Chinese firm NEM. The framework could be particularly successful in China due to it allowing access to exchanges all around the world via Cyprus. Plus anonymously, and at small scale.
China is the only country in the world where individuals investors far exceed institutional traders: their trades make up 80% of the country’s $7.6 trillion market. They are the most active traders in the world and skeptical of funds as managers in the past have been known to engage in unethical manipulation of the market.
The process behind Zeus is somewhat complicated. An institutional investor that is holding a share of a company for the long term can effectively rent it out for a fee for a fixed term. The broker then uses this real share as the basis for creating a crypto asset which can be bought by clients of the broker via NEM’s blockchain ledger system and its XEM cryptocurrency (one of the top ten cryptocurrencies—in future, it will be possible to use other cryptocurrencies and the exchange will also allow trading between cryptocurrencies). When the exchange becomes fully functional in March 2018, it will effectively be able to decentralize a stock exchange...........
Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 295. (Read 2985265 times)
November 28, 2017, 04:33:48 PM
November 28, 2017, 03:38:53 PM
This is funny 
Don't even know how Tether even comes into play, it's just another altcoin 
Don't even know how Tether even comes into play, it's just another altcoin Do a little reading and your smile will erase at the possibilities for doom it offers.
It's not really an alt. It's possibly nearly a billion dollars of buying created out of thin air but no one really knows.
November 28, 2017, 03:14:10 PM
imho when btc sores so high, you rather want to check the XEM/BTC pair. Compared to BTC almost every alt coin is incredibly cheap.
I dropped another payload to NEM
November 28, 2017, 02:40:19 PM
If the whole exchange manipulation of Tethers pans out in the way i think it will, i'd expect NEM to be worth about 10 cents a coin in the coming year, possibly less.
ALOT of coins, bitcoin in particular, are going to implode once this huge exchange ponzi tether scam is blasted out in the open. This is the "bubble" that people have talked so much about, except it's an entirely artificial one, it's worse than we first thought.
All orchestrated by exchanges. The bane of Crypto existence. Might be worthwhile investing in any decentralized exchange projects if any of them are going on. I foresee them getting very popular soon.
ALOT of coins, bitcoin in particular, are going to implode once this huge exchange ponzi tether scam is blasted out in the open. This is the "bubble" that people have talked so much about, except it's an entirely artificial one, it's worse than we first thought.
All orchestrated by exchanges. The bane of Crypto existence. Might be worthwhile investing in any decentralized exchange projects if any of them are going on. I foresee them getting very popular soon.
This is funny
Don't even know how Tether even comes into play, it's just another altcoin November 28, 2017, 01:48:34 PM
November 28, 2017, 01:18:15 PM
November 28, 2017, 12:21:09 PM
It's about to begin 
November 28, 2017, 12:01:16 PM
I see lots of marketing going on around NEM in Twitter. Glad to see such progress.
November 28, 2017, 11:59:36 AM
Hi all, I was seeking a confirmation of this fact: XEM is a cryptocurrency which is NOT a fork or some sort of Bitcoin. Is it correct?
Should be like that reading the materials from the official sources, but if someone can doubleconfirm I would appreciate.
THX!
Should be like that reading the materials from the official sources, but if someone can doubleconfirm I would appreciate.
THX!
That's actually a funny question, only because when NEM was coded from scratch there was only one Bitcoin, and I don't think anyone anticipated the multiple forks it's having now.
NEM was originally going to be a clone of NXT. NXT was the first of what was called the second generation of cryptocurrency back in the day. Rather than proof of work mining, it confirmed blocks through a process called forging. The entire coin was released at once in a genesis block so the forging address would get any coins that were transaction fees. NXT had some initial technical difficulties which NEM was going to address. And then the developers decided to just code the whole thing from scratch. NEM is a complete original.
November 28, 2017, 11:25:09 AM
Alts should grow soon but it's unlikely to ever reach new ath's vs bitcoin again
That is my concern as well.Bitcoin has gained a market share of more than 50% which is unusual.
I believe that won't last for long.
Market share of BTC already dropped during the last days.
Some alts reached new ATHs ...
I am very bullish on NEM
https://i.imgur.com/VtrChVD.jpg
Hi mate, do you know the ATH of xem in terms of dollar value? I do hope xem will be bullish in the next couple of days. I already bought some to add in my folio.
I think it was around the $0.30 for for a short time.
2017-08-31: $0.358 on Bittrex
November 28, 2017, 11:03:03 AM
Alts should grow soon but it's unlikely to ever reach new ath's vs bitcoin again
That is my concern as well.Bitcoin has gained a market share of more than 50% which is unusual.
I believe that won't last for long.
Market share of BTC already dropped during the last days.
Some alts reached new ATHs ...
I am very bullish on NEM
Hi mate, do you know the ATH of xem in terms of dollar value? I do hope xem will be bullish in the next couple of days. I already bought some to add in my folio.
I think it was around the $0.30 for for a short time.
November 28, 2017, 10:16:53 AM
Alts should grow soon but it's unlikely to ever reach new ath's vs bitcoin again
That is my concern as well.Bitcoin has gained a market share of more than 50% which is unusual.
I believe that won't last for long.
Market share of BTC already dropped during the last days.
Some alts reached new ATHs ...
I am very bullish on NEM
Hi mate, do you know the ATH of xem in terms of dollar value? I do hope xem will be bullish in the next couple of days. I already bought some to add in my folio.
November 28, 2017, 10:06:57 AM
Hi all, I was seeking a confirmation of this fact: XEM is a cryptocurrency which is NOT a fork or some sort of Bitcoin. Is it correct?
Should be like that reading the materials from the official sources, but if someone can doubleconfirm I would appreciate.
THX!
Should be like that reading the materials from the official sources, but if someone can doubleconfirm I would appreciate.
THX!
That's actually a funny question, only because when NEM was coded from scratch there was only one Bitcoin, and I don't think anyone anticipated the multiple forks it's having now.
NEM was originally going to be a clone of NXT. NXT was the first of what was called the second generation of cryptocurrency back in the day. Rather than proof of work mining, it confirmed blocks through a process called forging. The entire coin was released at once in a genesis block so the forging address would get any coins that were transaction fees. NXT had some initial technical difficulties which NEM was going to address. And then the developers decided to just code the whole thing from scratch. NEM is a complete original.
November 28, 2017, 09:32:58 AM
Alts should grow soon but it's unlikely to ever reach new ath's vs bitcoin again
That is my concern as well.Bitcoin has gained a market share of more than 50% which is unusual.
I believe that won't last for long.
Market share of BTC already dropped during the last days.
Some alts reached new ATHs ...
I am very bullish on NEM
November 28, 2017, 09:31:02 AM
Alts should grow soon but it's unlikely to ever reach new ath's vs bitcoin again
That is my concern as well.Bitcoin has gained a market share of more than 50% which is unusual.
I believe that won't last for long.
November 28, 2017, 09:22:18 AM
Alts should grow soon but it's unlikely to ever reach new ath's vs bitcoin again
November 28, 2017, 09:16:37 AM
Now it's become a little bit cheaper;) bought some on 2300 satoshi. Waiting, believing)
The BTC price looks cheaper, but the value of BTC is higher so it's all relative.
November 28, 2017, 08:46:34 AM
Now it's become a little bit cheaper;) bought some on 2300 satoshi. Waiting, believing)
Nice one, just hold.
November 28, 2017, 08:33:30 AM
Now it's become a little bit cheaper;) bought some on 2300 satoshi. Waiting, believing)
November 28, 2017, 08:12:55 AM
Here's some news:
http://www.afr.com/technology/vcs-target-australian-blockchain-and-cryptocurrency-firms-with-44m-in-funds-20171120-gzpg9f?btis
Not all correct, but another news:
http://technode.com/2017/11/28/crypto-startup-zeus-exchange-uses-chinese-tech-to-transform-shares-via-blockchain/
Russian community has the biggest following in NEM. People are adopting NEM without us knowing. Seems NEM's tyres have hit the road.
http://www.afr.com/technology/vcs-target-australian-blockchain-and-cryptocurrency-firms-with-44m-in-funds-20171120-gzpg9f?btis
Not all correct, but another news:
http://technode.com/2017/11/28/crypto-startup-zeus-exchange-uses-chinese-tech-to-transform-shares-via-blockchain/
Russian community has the biggest following in NEM. People are adopting NEM without us knowing. Seems NEM's tyres have hit the road.
Really nice to read these kind of news. There are happening so much things around NEM these days. Thumbs up!
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