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PwC Partners With Ethereum-based Digital Identity Firm uPort

Sying Tien

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PricewaterhouseCoopers (PwC), one of the largest professional services firm in the world and one of the Big Four auditors has partnered with ​uPort​, a digital identity platform based on the Ethereum blockchain and with Onfido​, ​a global identity verification provider to explore portability of consumer identities in the financial services sector in the UK and beyond.

Multi-national financial entities are obligated to be KYC compliance (Know Your Customer) and apply AML (Anti Money Laundry) standards, which is expensive and time-consuming process for both the financial entities and clients, leading often to customer drop-off and poor customer experiences. The recent PwC and uPort partnership will reduce compliance costs for financial firms.

The ability for customers to use their digital identity to on-board seamlessly with financial firms will be game-changing. It opens up access to financial services, helps reduce fraud and is instrumental in drivingmore competition into the U.K. banking ecosystem.

Mike Kennelly, Director at ​PwC

About uPort

uPort is a user-centric identity and decentralized data platform anchored on the Ethereum blockchain. It delivers scalable decentralized solutions for digital identity, reputation, and multiparty trust. Built on interoperable standards, it offers a collection of tools and protocols allowing users to establish identities,send and request credentials, sign transactions, and securely manage keys and data. uPort is backed by ConsenSys, a software development and venture capital firm.

About Onfido

Onfido is the new identity standard for the internet. Our AI-based technology assesses whether a user’s government-issued ID is genuine or fraudulent, and then compares it against their facial biometrics. That’s how we give companies like Revolut, Zipcar and Bitstamp the assurance they need to onboard customers remotely and securely.

Professional Trader, Social media scholar and a Crypto expert. If you have any comments, suggestions or questions feel free to contact me at [email protected] and i will get back to you shortly.

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Altcoins

Steemit Launches Smart Media Tokens on a Testnet

Sying Tien

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Steemit Launches Smart Media Tokens on a Testnet

Steemit, the blockchain based blogging and social media platform where everyone gets paid for creating content, has released a new token-launching protocol, Smart Media Tokens (SMTs), on a testnet.

Users can use the newly launched token “Smart Media Tokens” to create a new cryptocurrency with 3-second fee-less transfers, without having to write a single line of code. SMTs will allow any publisher, creator, or entrepreneur to launch their own custom token on the Steem blockchain, which will help them monetize their digital content and reward consumers who engage with their content through likes, votes, views, shares, and comments.

A screenshot of Smart Media Tokens website

SMTs have been live on testnet now for over 40 days, making this hardfork already the most tested hardfork in Steem’s history.

According to Steemit’s announcement, entrepreneurs using SMTs will benefit from the state-of-the-art properties that come from being powered by the Steem blockchain, including three-second block times, zero fees, and its ‘Proof-of-Brain’ algorithm, which autonomously distributes tokens to the most valuable members of a community. And because Steem was designed from the ground up to power web applications, SMTs will integrate easily into any established website, app, or platform, making it simple for mainstream creators and entrepreneurs to access the fastest-growing industry in fintech and immediately begin generating revenue at virtually no cost.


What is Steemit?

Steemit is a blockchain based blogging and social media platform such as Redit, it offers rewards to its users in STEEM coins cryptocurrency for publishing and creating content. Steemit users can also earn STEEM coins for commenting and upvoting other posts.

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Utopia Has launched its Mainnet

M. Ali

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Utopia-P2P-mainnet

Utopia, the all-in-one blockchain solution for private & secure instant messaging, encrypted e-mail system, private file storage, anonymous payments and private web browsing, has finally launched its mainnet to the public.

At TheCoinsPost, we tested and reviewed the beta version of Utopia back on July but lots of things have changed since then. The app has been refined, tuned to be crazy fast and stable and some new features have been added. In order to join and use Utopia, you will need to install Utopia’s client from the official website.

A screenshot of Utopia Client

Utopia is a P2P network where each user participates in data transmission. Utopia rewards users that support the network through mining by emission of new cryptocurrency called “Cryptons”. Mining and earning Crypton is an easy process, all what you have to do is just install the client and leave it running in the background. The client dose not assume any CPU resources it only uses the computer memory to operate.

A screenshot of Utopia Chat Rooms

At the time of writing, there are over 7000+ miners on the network. The current mining reward is 0.0128 Crypton per thread that is generated every 15 minutes.

Some screenshots of Utopia P2P Client:

Playing chess
Sending files through Utopia
Using Utopia’s Browser
Using Utopia’s uMail

We will be covering the mining process and other Utopia’s features on future articles.

To learn more, please check Utopia Official Website: https://u.is

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ARK’S New Multiplayer Arcade Game: Minesweeper Flags

Fabiola S. Arcuri

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ARK-MineSweeper

We all have those memories from childhood, the ones which follow us through our life. For me one of those memories is playing minesweeper on my old Windows PC. So, to say I was excited when I heard about the new ARK’s game, Minesweeper Flags, a multiplayer blockchain game which is playable through ARK’s Desktop Wallet for Windows,MacOS and Linux.

Minesweeper Flags game object is to uncover squares on a board without hitting mines. Clicking on a tile reveals a mine, a blank square or a number. You play against a real life opponent to win crypto coins.

The game can be installed to ARK Wallet through a plugin. Please follow the official setup instructions here.


ARK’s Minesweeper Flags Walk-Through

Once installed, you will need to activate the game plugin then you are ready to go. You can launch the game from the plugins menu on your wallet.

Game Dashboard

You will have the option to either join an existing game or to host and start a new game of your own.

Watching an active game between two players

Starting a new game:

The game host sets a wager which the opponent matches before the game begins, and the winner automatically receives 95% of the pot, with 5% kept back for the costs associated with running the backend of the game.

Hosting and starting a new game
Conformation window before starting a new game

Conclusion

ARK’s Minesweeper Flag is quite simple, the graphics are very simplistic but for a game of this kind it fulfills it’s purpose. This is really a game that can be played over and over again. It’s a true classic that no one should miss. The ARK team has done a good job of building a robust ecosystem and managing it well.

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