Data Oleum

People often ask me “ ” and I often stumble upon this question ‘ ” on Quora too. The answer is pretty much clearly available all over the internet. The actual issue is not how to become a data analyst but it is if we are ready to become one? How can I learn Data Analytics? How to become a Data Analyst This post aims to take a newbie into the world of Data Analytics with a simple freely available public data and R (the open-source champ of Data Science). Data collection: The Data that’s used here is of a recent . Just copy the table data and paste it in MS Excel and save as ‘ ’, your data for analysis is ready. the public leaderboard Analytics Vidya Hackathon av-hackathon.csv Reading Input Data: Let’s read the csv into R Studio using . read.csv mind_lb <- read.csv(‘av-hackathon.csv’,header = T,stringsAsFactors = F) Basic Summary: Understanding the dataset is the primary operation any analyst should perform. We can use or to explore the basic summary of our dataset and to see sample values. str() summary() We could clearly see that there are 1037 ( / ) and 3_variables_/c_olumns_ and their — two of (of which one is just a serial number and the other is Score) and name which is of type. observations rows entries data types numeric character Data Analysis: When we scroll through our dataset (the read input file), we could see some users explicitly having their email id as user name. Can we try to see how many such users have ‘@’ in their user name? Let’s use to match the names containing @ symbol. grepl (regular expression) Using would return us just TRUE/FALSE against each observation but what we actually need is count. so let’s use table() function in R to find it out. grepl(‘@’,mind_lb$Name) returns us the actual count (absolute figures) of usernames with @ and without @. But wouldn’t it’d be better to represent in terms of percentage? table(grepl(‘@’,mind_lb$Name)) prop.table() along with table() which takes values from _grepl(‘@’,mind_lb$Name)_gives us the values in decimals which in turn multiplied with 100 gives us the actual percentage of usernames with @ and without @. Now we know that there’s almost 6.5% usernames with @, obviously must be contributing the most part of it, but can we try to find if there’s something else apart from ? gmail gmail Let’s perform some but rewriting them to understand the logic: logical operation . We want all usernames with @ not gmail @ AND NOT gmail Voila! Here’s the code for it: mind_lb$Name[grepl(‘@’,mind_lb$Name) & !grepl(‘gmail’,mind_lb$Name)] which results in identifying us usernames with @hpe.com @iitbhu @iimahd.ernet.in Some good insight isn’t it? Someone from HP Enterprise, IIT-BHU and IIM-A. Let’s try some more string operations. Usernames would be unique so we can’t really find out repetition in those names. But can we find which alphabet forms the most starting letter? Let’s create a new variable ‘f_letter’ for this purpose. It’s just a operation. substring mind_lb$f_letter <- tolower(substr(mind_lb$Name,0,1)) Data Visualization: Let’s make a simple graph out of it to see which letter wins. library(ggplot2) qplot (data = mind_lb, f_letter) It seems ‘s’ is the winner and ‘a’ is the runner. Well that’s for fun. But can we make some better looking visualization? Let’s draw the hackathon score distribution. The complete code can be found here on my . github Final Notes: Doesn’t it seem easier to find out some valuable insights in a dataset? Data Analytics in fact easier. All you need is an open mind to see through the data and the tool and syntax you select would come handy once you start. This is not a tutorial post but just to show a glimpse of the easiness of R and Data Analytics. Are you ready to dive into the world of Data Analytics? If so, and and start today. Also create a and share your code and visualization and comment the link here. download R R Studio github account

Learning Data Analytics is not tough, Starting is Tough!

You probably have heard about Bitcoin's dipping prices or Elon Musk's comments about a meme coin. Discussions about virtual currencies and their potential for the financial system are everywhere. However, relatively little is said about the potential that decentralized finance (DeFi) and shadow banks have to define the global economy's future outlook. In the next paragraphs, you'll discover the meanings, opportunities, and threats of emerging financial systems. What DeFi and Shadow Banks Mean Decentralized exchanges are the trading platforms where DeFi transactions take place. DeFi is a peer-to-peer (P2P) financial system outside of the control of a centralized organization, e.g., banks. Think about a system with no brick-and-mortar transaction rooms or loan interviewers. DeFi users transact with their peers through an algorithm. Meanwhile, these algorithms source from a secure blockchain technology that powers their operations. DeFi isn't just Bitcoin or NFTs. It presents a dynamic change to the global financial sector's structure, with promises of novel means of exchanging, saving, borrowing, and insuring assets. On the other hand, shadow banking refers to financial organizations that aren't primarily connected to commercial banks but offer similar services. Think of pawn shops, mobile payment structures, and payday lenders. Why the Growth of Nascent Assets? Both DeFi and shadow banks saw tremendous growth within the last twenty years. Academics from a Chicago-based highlighted that toughening regulations on traditional bank lending necessitated the rise of shadow banks. research institute For instance, U.S. authorities toughened their stance on the local real estate market amidst the 2008 economic downtown. Shadow banks' peculiar structures then allowed them to replace much of the traditional bank lending in the sector. Additionally, shadow banks multiplied due to the growth of internet technology. Of course, it's also more straightforward entering the market when there's no need to build large buildings or physical offices. On the other hand, DeFi grew significantly beyond the expectations of most industry players. Different reports reveal that the DeFi sector, which stood at $700 million , is now worth about . in 2019 $140 billion The meteoric rise in the DeFi sector and shadow banks has attracted financial institutions and regulators globally. However, the industries still have some challenges to overcome before realizing their best potential. The Current Challenges in Traditional Finance According to the authors of "DeFi and the Future of Finance," there are five main challenges in the traditional financial sector. One of the most evident challenges of conventional finance is centralized control. the book The authors argue that traditional financial systems pose the challenge of centralized control. Governments, central banks, and other large financial organizations command a stealth monopoly over the system. For instance, a nation's central bank determines critical factors like how much money goes into the system and the inflation rate. The authors - Campbell Harvey, a Duke University finance don; Ashwin Ramachandran, a general partner at Dragonfly Capital; and the founder of FeibLabs, Joey Santoro also explored other limitations of traditional financial systems, like inefficiency, restricted access, opacity, and lack of interoperability. Same Rote for a Century Traditional financial systems haven't changed much over the last 100 years - regardless of the digitization. In a separate on a similar subject, Campbell Harvey observed that a Western Union transfer cost about 3% in processing fees in the 1800s. article Today, that's about the that banks charge for credit card transfers, sometimes more. Yet these 21st-century transactions could take several days to complete. same rate Moreover, it's no brainier that the savings culture with traditional finance globally is almost non-existent. Meanwhile, borrowing rates are as high as ever despite the teeming interest rates. These challenges eventually impact the global economy adversely. Join me to consider a hypothetical case of an SME business owner who applies for a bank loan. This entrepreneur presents an excellent business model that promises an annual return of 25%. One of three things could happen. A worst-case scenario would see the bank decline the loan application for . different reasons However, the bank may think that the business idea is fanciable but feel this entrepreneur is a "small" client. Banks prefer to lend to a large commercial organization rather than 50 small businesses. The bank could offer to raise the client's credit card limit instead to assist the client. Of course, the interest rate of credit cards is scary enough to deter this business owner from proceeding with their plan. Lastly, a traditional lender could offer this entrepreneur a loan and peg the interest rate at 22%. Considering the cost of the loan against the anticipated annual profit, this business owner decides to back down on the business project. This scenario happens now and then across the world. Meanwhile, projects like this hypothetical business model drive economic growth. But economic friction with traditional lenders often stiffened such budding developments. On the other hand, DeFi and shadow banking institutions help alleviate these economic bottlenecks and drive economic developments. Opportunities in the DeFi and Shadow Banking Sectors Harvey highlighted three main advantages of DeFi in his referenced article. They are interoperability, transparency, and the absence of bureaucracy. Blockchain technology is largely more transparent than the opaque traditional financial system, where government and government-related agencies solely monitor the economy. Of course, clashing interests and the absence of a political will, and even maladministration could limit a government from accurately and efficiently highlighting bottlenecks in the system. On the other hand, anyone who knows how to improve an algorithm could launch an enhancement within a week and upgrade users' DeFi experience. Moreover, DeFi deals are faster. For instance, it could take a few days to exchange funds over Western Union or with your broker. Lastly, Harvey observed that DeFi deals don't suffer from the bureaucracy of conventional finance. There are no intermediaries between peers in DeFi transactions. Shadow Banks According to an from Ireland's governing bank, Shadow Banking alleviates the dependency on conventional banks as a provider of credit facilities, thereby diversifying the financial system. Also, an on the World Economic Forum's website highlights that shadow banking provides more liquidity to the economy. explainer article This addition, the article observed, helps to lower the cost of capital, increase investments, and subsequently the overall economic growth. Meanwhile, the author said that a boom in the shadow banking industry could result in riskier funding for more productive investments. Shadow bankers will often fund loan applications for riskier ventures that traditional lenders would avoid. Threats First, shadow banks are interconnected with traditional banks because banks sometimes to circumvent capital and accounting laws. Therefore, the collapse of shadow banks could not only affect other financial organizations; but the average taxpayer on the street. use them Harvey highlighted several risks of DeFi in his referenced writing. One of them is the governance risks, which mean that few persons could hijack an erstwhile decentralized algorithm. Also, DeFi, at the moment, can't process transactions as fast as centralized systems. Ethereum, for instance, can only currently support about deals in a second. Meanwhile, a recent NFT mint on Ethereum for Yuga Labs' Otherdeed tokens because of an unexpectedly high number of miners who clogged the Ethereum platform. 30 suffered extensively Per centralized systems, Visa, for instance, could process transactions in one second. Thus, DeFi transactions aren't yet suitable for everyday transactions like centralized systems could support. 1,700 Another threat comes from a third-party source called the "oracle." Although blockchain technology is a closed system, it needs data from an external source called an oracle. However, someone else may manipulate or alter the information that reaches the oracle. Restructuring the Future of Finance Soon, as the financial system morphs through different stages, there might be little difference between these nascent asset classes and traditional finance. We may safely expect individual financial services platforms in the future that would create opportunities for both convention and emerging financial solutions. Creating a well-planned system that merges traditional finance, DeFi, and shadow banking could give enhanced value in the financial services industry to individuals, businesses, and the global economy. However, it might be best if the global financial sector embraced a painstaking metamorphosis - the better alternative - rather than a sudden revolution in driving innovation into its economic systems.

The Future of Finance in the Era Of Shadow Banking and Decentralized Exchanges

Many of us with more than one keyboard layout probably had that annoying moment when we fed the Google Search bar a string of absolute gibberish. Unless this happened long ago, though, the results were likely still pretty coherent with what we were hoping to find. Why? Because Google’s engineers knew that sometimes, humans make mistakes, and designed the search engine’s interface in a way that accounted for the possibility of such a slip. As any good UX/UI designer knows, a product needs guardrails that will either prevent the user from making a mistake or will make the service more . Blockchain is an interesting case study from this perspective because one of its core features—immutability—makes it very unforgiving from the UX standpoint, but also works as a key selling point. forgiving of user errors Immutability makes blockchain a reliable public ledger, working toward its decentralization, security, and transparency. The network keeps track of every transaction, storing them in blocks that are linked through hashes-their digital fingerprints. This makes any hampering immediately observable and easy to trace back to the exact block that was altered. As a result, no party can remove shady transactions that it would want to keep under the radar or off the record. By the same account, no party can magically write in a transaction handing itself billions of coins out of thin air and propagate it across the network. Everyone is pseudonymous, but all the data is in the open. It’s a solid and strong design that deserves a standing ovation. On the user side, though, this makes for a pretty unforgiving experience. As long as the transaction was legitimate, i.e. signed off with the correct private key, there is no way for a user to reverse it. This makes for a major pain point behind stories such as that of a crypto exchange giving away millions’ . With an online banking app, we rarely have to ping another user a test transaction before doing business, while with crypto, that’s a habit for everyone, including even . worth of bitcoin by accident Ethereum’s own Vitalik Buterin Even this practice does not guarantee full security, though. In a man-in-the-middle cyberattack, a hacker compromises a communications device in the chain connecting the user with the server. In the crypto , the criminal can target, for example, the computer the user plugs their cold wallet in to sign off a transaction. In this case, the attacker can spoof—forge—success on the first transfer and change the designated wallet on the second one, or even let the first one go through unchanged and seize the second transfer. Either way, the coins still end up in the wrong wallet. rendition of this attack Mistakes in TradFi To be fair, sending money to a wrong bank account, or making any other error, for that matter, isn’t too fun with traditional finance either. It’s not a bank’s job to hold the client’s hand, so if the client did designate a wrong beneficiary for a transfer, the best they can hope for is that the bank facilitates contact with this party. Should the recipient try to hold on to the money, though, the sender can take things to court, and there, their odds are actually quite solid, save for an occasional and . Furthermore, banks do take certain precautions, such as having the client put in the target account number twice and scrapping the transfer if the mistake is spotted early on. very rare exception Similarly, most transfer services give the customers the option to cancel the transfer unless it has been picked up by the recipient. Canceling an order on an e-commerce platform is, if anything, quite commonplace. All in all, TradFi is more forgiving to errors: The room for hassle and headache is vast, and yet, there is the hope of getting the money back. With blockchain, once a transaction is a few blocks in, it’s almost as good as set in stone—and the odds of getting the money back are pretty much zero. It is sometimes possible to , but this process mostly amounts to estimating a spectrum of possibilities and removing the least likely ones. Furthermore, to do so with any sort of precision, you would need NSA-level capabilities and access, as well as the creativity to match those. ID the owner of a specific wallet Very hypothetically, the sender could try to ping another tiny transfer to the same address with a as arbitrary data. While there are several ways to do so, none of them are exactly the industry standard, and it is hard to vouch for their reliability. Furthermore, the decentralized ledger is meant for transaction data first, anything else is data pollution. But even assuming the unlucky sender did succeed in getting a message through, it is hard to imagine them receiving any response. And should they by some miracle manage to identify the unintended beneficiary, a lawsuit could be harder to win due to crypto’s own regulatory uncertainty. message attached Skin in the game It is important to note that any value lost due to a wrongful transfer stems from things working as they were coded to work. As such, it is a testimony to the validity of the code is the law maxim, one could argue, but that is a bitter argument to make. People tend to get more sensitive when they have their skin in the game, and the crypto world has a story that proves it better than anything. Back in 2016, a hacker managed to bleed dry the Genesis DAO, the first decentralized autonomous organization on Ethereum, in the underlying smart contract. As a result, the community , creating a new copy where the losses were reversed. This fork now has a market cap of more than $417 billion. Ethereum Classic, the version where the losses were never reversed, stands at less than $7 billion. through a loophole forked the blockchain Granted, blockchain’s immutability must remain its time-honored feature, as it is central to a lot of what it has to offer. At the same time, Ethereum’s own massive market cap today works as the ultimate argument for why the decentralized space needs to strive for a less punishing user experience. There is safety in knowing you can afford a mistake, and this peace of mind is a major pre-condition for both institutional and mainstream adoption of crypto. The blockchain space has enough tools to make this happen, such as smart contracts that can serve as escrows holding up funds until a specific event confirms the transaction. Such mechanisms can only rely on on-chain capabilities, but for extra security, they are best off when coupled with an off-chain verification tool, such as password protection and a manual transfer confirmation by the beneficiary, similar to picking up the cash with a traditional money transfer. It would also require additional off-chain verification means to make sure the person confirming the transaction is indeed the intended beneficiary, which is a direction some blockchain companies are exploring. The blockchain space has made several strides in making itself more user-friendly, but some of its most fundamental principles work as a hurdle on this path. To surpass those, it does not need to renege on its core promise on layer-1, but rather develop new layer-2 tools that would uphold them while still giving users more leeway for mistakes and errors. About the author: Asaf Naim is the Co-Founder and CEO of , a decentralized application developer creating a safer infrastructure for Web3. Before founding Kirobo, which has created an "Undo" button for crypto transfers, he sharpened his entrepreneurial skills with a variety of projects and held senior positions in Israel’s Bank Leumi and Ernst & Young Israel. Kirobo

Blockchain defies a key UX tenet 

Moving towards digital communication at scale has always been a tedious task for all types of businesses, no matter the industry you're serving or the size of your business. With so many technological advances companies are now looking for new ways to enhance and improve their customer experience and at the same time to save in operational costs, by ultimately using the that meets their business needs. best software This is where omnicahnnel platform gels in... You've probably heard about the omnicahnnel experience before but not yet taken any actions to deploy it at your existing business, that's probably since moving towards omnicahnnel digital communications force you to change so many things in your organizational culture and behaviour. What are omnichannel platforms? Omnichannel platforms are built in order to create a complete and updated between companies and their customers. The platforms are equipped with AI capabilities that enhance the user experience at all levels to simply create a digital effective dialogue between all participants. customer experience The platforms are the latest technological advances in terms of effectively communicate with customers through all available digital channels and are offering with a long terms business solution for reducing operational costs, empowering sales and support teams, and be available to customers at all times. The omnichannel platforms were first designed in order to change the way companies interact with customers on a daily communication basis. The main idea behind was to create an instant responses to customers who are dealing with any kind of issues in a seamless manner and through the channel they prefer to communicate with the business. Benefits of Omnichannel platform for business Samples of Omnichannel platforms solution in different industries As mentioned above, not matter the type of business and the amount of customers serves, omnichannel is the true next gen customer experience and can elevate not only the customer service element at your business but also to improve sales and customer engagement on all levels. Here are for a superb use of omnichannel platforms in some examples various industries: Omnichannel for Insurance The omnichannel in the insurance field is just getting more popular with many insurance companies taking their services towards digital communications and providing their customers with various ways to communicate with them. Customers are now can easily ask for policy information, sign forms online in real-time, and even renew their insurance policy online with just a few clicks. Companies who accelerate in providing a complete omnichannel experience in the insurance industry are: , and . State Farm AIG All State Omnichannel for Banking The banking sector is well known for adopting technological advances a while back, Omnichannel is already implemented in many banks and any other financial institutions who are looking to make customers life easier and more accessible during all hours as well as saving in operational costs by operating less workforce. Known banks who already uses omnichannel solution as a customer communications solution are: , , and . Bank of America Wells Fargo Bank Leumi Omnicahnnel for Enterprises When more customers are now looking for instant responses using various digital communication channels such as: WhatsApp, Facebook, Chat, Email, Twitter, etc large enterprises must keep up with the pace and provide their customers with a complete omnichannel experience. Companies like: , , , and some others have adopted the omnichannel approach and are using it for some while as the main an critic system in their organization. Vodafone AEG Clarks Virgin Trains Why companies are forced to move towards omnichannel communications in 2020? The answer to this question is quite simple, Customers nowadays are more tech oriented and are looking for easy and effective ways to resolve their issues with companies. Companies who provide an omnichannel solution in all available communication channels are the companies that will survive the digital revolution. There's a whole new customer generation, not only Gen Z and Millennials are using digital channels rather then calling the businesses but also Baby boomers and Gen X are becoming more tech savvies in related to communication with businesses. In a world where everything is instantaneous companies must keep up the fast pace of pleasing customer needs within the hour. Companies who fail to do so will simply won't survive as the world is rapidly shifting into a complete approach of emphasising customer experience. Customer experience can be a brand differentiatior in many cases and providing a unique and excellent one is undeniable while using an omnichannel platform. How to choose the right platform? Prior to choosing the right omnichannel platform for your business it is recommended to conduct a research as well having a well planned business strategy that will reflect all the areas of the company and in which areas the omnichannel platform is future to act. In most cases businesses will use the omnichannel platform for improving customer service and sales departments. So, what should you look for? *  Make sure it supports your teams and customers language * It better be fully customizable to have the look and feel of your brand * Fully secured (most are cloud-based) * Easily integrated with exciting systems at your business * Omnichannel by design and not using any third party extensions Omnichannel Chatbots The latest technology omnichannel solutions has to offer are the omnichannel chatbots which like no traditional chatbots can serve customers through all channels using an advanced AI technology. The omnichannel chatbots are primarily designed in order to work with all other channels in the omnichannel platform and in a complete harmony. each channel keeps it native tone and is not interrupted. by that the omnichannel platform function to it fullest ability and no data get lost on the way. By having a bot that can serve on all available channels simultaneously businesses can be more available and don't need to have one bot for each channel. The ultimate omnichannel chatbot can serve popular communication channels like: WhatsApp, Facebook Messenger, SMS, Twitter and more. The power businesses can get using this feature is enormous especially when everything is synchronised in one platform. Under the hood Omnichannel is already here and will stay for a very long time. With technology taking over and customers who are looking for fast and relevant responses implementing an omnichannel platform at different businesses seems undeniable. When taking the first step towards omnichannel platform implementation it is highly important to conduct a research at your business and to define the goals that you are looking to achieve by deploying this advanced system.

How to Choose the Right Omnichannel Platform for Your Business?

Before moving on, I would once again like to thank each and every one of my readers and followers for the exceptional support and solidifying me as a in , and . Medium Top Writer Finance Investing Bitcoin I am pleased to announce that after the highly successful series, I will be complementing it with the launch of a new series titled where I will be reviewing upcoming ICOs. “Real World Applications of Cryptocurrencies” “Hot or Not — An ICO Review” For the first post of my new series, I will be reviewing — a blockchain-based marketplace for digital content. Wemark Value Proposition Wemark is developing a blockchain-based distribution system for digital content, implementing our concept of the “distributed marketplace”. Distributed marketplaces allow creators to license their content directly to customers, keeping them in full control of the rights to their content. In other words, is building a platform that will — without the need of middle-men. Their first use-case will be creating a marketplace for stock photography; an industry that will . Wemark empower content creators exceed by 2020 $4B There are a couple of problems with the current centralized solutions (Shutterstock, Getty Images, etc.). First and foremost, most content creators work with agencies and have to on their content in order to monetize it. Secondly, these agencies (and centralized platforms) take a from content creators (up to 85%), leaving them with very little. Unfortunately, as there isn’t enough competition, players in the space are monopolizing it and have free reign to do as they like. give up rights huge cut aims to solve this issue by with addition to (the proposed fee currently stands at 15%). Wemark giving creators back their rights and control over their content minimizing fees Customers will be able to license curated, commercial photos directly from leading photographers. Innovative discovery, collaboration, and curation tools also improve the ability for customers to ﬁnd and manage the content that they need. As a matter of fact, has their stock photography platform a few weeks ago, featuring and , including some of the industry’s leading content providers. Wemark already launched over 3,000 contributors 40,000 photos This is a space that certainly requires an overhaul. I believe that Blockchain and Cryptocurrencies will be able to revolutionize this industry, so is off to a good start. Wemark Wemark Token & ICO Overview Before moving on, I would like to get a few terminologies out of the way, in order for everyone to be able to follow my posts. —Taking an extract from Wikipedia: Initial Coin Offering (ICO) An ICO is a means of crowdfunding centered around cryptocurrency, which can be a source of capital for startup companies. In an ICO, a quantity of the crowdfunded cryptocurrency is sold to investors in the form of “tokens”, in exchange for legal tender or other cryptocurrencies. — Provides the utility and functionality to create ecentralized lications (dApps) running on top of it. is an example of such dApp. Platform D App Wemark — A unique identifier of a token. Usually this is consistent across exchanges, charting sites, etc. Symbol — The total amount of tokens/coins that will ever exist. Total Supply — The minimum amount that an ICO needs to raise. Typically, if the soft cap is not reached, the ICO is cancelled and funds are refunded. Soft Cap — The maximum amount that an ICO will be raising. The ICO ends immediately once the hard cap reached and will stop raising further funds. Hard Cap — The cost of 1 token during the ICO. Rate Below you can find a graphic providing details about the ICO and some information about the . In order to participate, follow the link . Wemark Token here Token Use is introducing a dedicated token to power a direct economy for digital content. ( ), are intended to serve as a native payment system for the network, and reward all the relevant parties for creating, distributing and promoting digital content. Wemark Wemark Tokens WMK The ( ) has a very straight forward and easy to understand use-case; it will purely act as a currency on the . Wemark Token WMK Wemark platform In addition, since creators are getting paid in , they could become vested in the platform, as their earnings could increase as the gets adopted further; a much better relationship than what content creators currently have with agencies. WMK Wemark Platform Team & Advisors was established in 2015, has its headquarters in and esearch evelopment (R&D) office in . The founders consist of: Wemark San Francisco, USA R & D Tel Aviv, Israel Wemark **(CEO)—**Has been in the digital marketing space for over a decade. Founder and former CEO of Underline; a digital marketing agency specialized in start-ups, Israeli brands and online businesses (notable clients include Leumi Bank, Discount Bank, Weizmann Institute, TrustWare and the Trump Foundation). Besides his full-time occupation, Tai guest lectures and mentors, marketing and entrepreneurship, at the IDC Herzliya international school. Tai Kaish **(CTO) —**Over a decade of software engineering and management experience. Former R&D Director of Linkury; leading ~20 employees in various teams. Additionally, Pavel was a guild member of the NFX Guild; a seed and series A venture firm based in San Francisco. Prior to that, he was an R&D Manager in Unit 8200 of Israeli Intelligence Corps. Pavel Elkind **(VP Business Development) —**Serial entrepreneur that has been involved in a number of different roles and industries, ranging from being a founder, a director, an international delegations coordinator and much more. Roy Meirom has an excellent board of advisors, consisting of industry experts in a number of relevant areas. Some notable advisors are: (Former CEO & Founder at Picasa, Director at Google), ( Marketplace Director at Canva), (Former General Counsel / VP at Shutterstock), (Former Director of Content Development at Shutterstock). You can find all of them . Wemark Lars Perkins Lee Torrens Michael C. Lesser Keren Sachs here Despite the fact that the founders in the space, they have a of setting up and launching successful businesses in a variety of industries. Additionally, the board of advisors behind will help offset this, as they are huge names in the space. do not have any experience proven track record Wemark Partnerships & Investors has already secured enture apital ( ) backing from , and . This indicates that has considerable potential for rapid and profitable growth as VCs wouldn’t have backed them otherwise; a major positive point. Wemark V C VC Sarona Ventures NFX Elevator Wemark They also have partnerships with names like , , , and more, but details about these partnerships are unknown. GuruShots Solume.io Deloitte Verdict — Hot or Not? Taking into consideration all points above, in my opinion, has done a good job in identifying an issue with the current centralized approach for digital content contribution. Moving the digital content marketplace to the decentralized world benefits both, the creator and consumer. The creator gets a bigger slice of the pie, and due to this, can price more aggressively, which in turn, benefits the consumer. The Wemark team and advisors look more than capable of pulling this through and having already secured backing from VCs, this gives further confidence of success to potential ICO investors. Wemark I would classify : Wemark Hot ICO goes live on the 7th of May — For more information and participation details, follow the link . Wemark’s here Drop me a comment or message with ICOs you want to see in next! “Hot or Not” Make sure you give the post a 👏 👏 and my blog a if you enjoyed this post and want to see more. clap follow You can also show your support by donating to the following address: : 0x4c7195E074cf0Ab6F77Bdb7C97Fd2567066Bb712 ETH . Disclaimer : All information and data on this blog post is for informational purposes only. My opinions are my own. I do not provide personal investment advice and I am not a qualified licensed investment advisor I make no representations as to the accuracy, completeness, suitability, or validity, of any information. I will not be liable for any errors, omissions, or any losses, or damages arising from its display or use. All information is provided as is with no warranties, and confers no rights.

Hot or Cold: Wemark ICO

1. Investment Giant BlackRock Thinks Cryptocurrencies Will Be Increasingly Adopted In The Future BlackRock, the largest investment company in the world with $5.7 trillion in assets, has discussed cryptocurrencies in its latest . The giant thinks that, despite not yet being a mainstream form of investment, cryptocurrencies will be extensively adopted in the future. However, it was also that it is necessary for cryptocurrency’s volatility to decrease before it can be part of traditional investment portfolios. BlackRock is one of the companies looking at cryptocurrencies positively. The company’s Global Macro Investment Strategist Isabelle Mateos Y Lago stated that the new type of currency is not just hype, but something with potential. Good words were also directed at blockchain. However, the difficulty of implementing a blockchain-based system on a global level was also brought up. weekly commentary noted 2. Japanese Regulatory Body Is Considering Regulations For ICOs It was reported in the Japanese newspaper that the local Financial Service Agency (FSA) is the country’s laws in order to draw up a regulatory framework for ICOs. The decision was prompted by a huge rise in popularity for the fundraising method. At the moment, Japan does have specific laws for ICOs. Therefore, the status of the various ICOs is unclear. A tailored set of regulations would cover every type. Currently, the agency is also keeping an eye on ICOs aimed at Japanese investors that are not considered trustworthy. Sankei Shimbun reviewing 3. Head of Taiwanese Central Bank Interested In Blockchain The new governor of Taiwan’s Central Bank, Yang Chin-long, has recently during a that blockchain technologies will be investigated with the aim of improving its payment system. We previously about Taipei wanting to become a ‘smart city’. Therefore, the news should come as no surprise. Furthermore, technologies based on Artificial Intelligence and Big Data analysis would enable the bank to better predict and react to global events. This is the that the Central Bank of Taiwan discussed this type of innovation, as well as how it could benefit the current system, so openly. declared speech reported first time 4. Banks Obliged To Allow Crypto Trading, Says Israeli Supreme Court The Israeli Supreme Court has to compel banks to allow crypto trading and offer the same service to bank accounts owned by people or companies operating in the cryptosphere. The verdict means that Leumi Bank, the second largest in the country, will not be able to restrict in any way the bank account of local crypto exchange Bits of Gold. The former has previously to the latter by blocking its transactions, a decision which landed it in the news. The CEO of Bits of Gold, Yuval Roash, , stating that they were the first to ask for regulations in the country, and that this decision would enable them to make the industry flourish, as well as build a stronger community in the country. reached the decision refused service welcomed the news To receive our daily news roundup in your mailbox, sign up here: http://bit.ly/BlockExNewsRoundup

27/02/2018: Biggest Stories in the Cryptosphere

You can access an Ethereum-based application by, Using an add-on in one of the widely used web browsers today (like Chrome, Firefox, Opera) Or using a web browser with built-in support (Brave) Or by using an Ethereum client (Mist, Geth, Parity) But, have you ever wondered, “Why do I need an add-on to access an Ethereum-based application in today’s web browsers?” Or “Why can’t I access an Ethereum-based application just like any other WebApp (Website) (e.g., Twitter) in today’s web browsers?” In this post, I’ll try my best to answer these questions in the most straightforward way possible. What is an Ethereum-based application? Ethereum-based application (also referred to as “Ethereum Decentralized Application” or “Ethereum DApp”) is an application that run on the Ethereum network (distributed global network running Ethereum Blockchain) . Since there is no central authority, the Ethereum network establishes consensus (the process of achieving general agreement among the network computers/participants as to the correct state of the data on the network) through a consensus algorithm. that is not controlled by any single entity If you would like to learn about DApps, then please read our post entitled “ What are DApps ?” Miners and Incentives The primary function of a consensus algorithm is to prevent the misuse of the network like (a problem unique to digital currencies because digital information can be reproduced relatively easily). Therefore to encourage the miners (Ethereum network computers/participants) to contribute their computing power to resolve such conflicts, the Ethereum Foundation came up with an incentive (called “gas fee”) which is paid in the cryptocurrency, called . You can interpret the incentive as a form of payment to the miners made by the end user of the Ethereum network for executing the transactions they requested. Double-Spending Ether Thus, any use of the Ethereum network requires “gas fee” paid to the miners. Purpose of Wallet providers As Ethereum network is decentralized, no person or entity can take money out of your wallet without your explicit authorization/signature (users have the right to choose how and where they store and operate their wallet). This security measure constitutes a a way to request users to authorize/sign transactions regardless of the users wallet provider. serious challenge for Ethereum DApps as they require To solve this issue, the Ethereum Foundation came up with a standard interface (called web3) for Ethereum DApps and wallet providers to request user authorization/signature for transactions. Since none of the widely used web browsers (like Chrome, Firefox, Opera) have a built-in wallet provider, we need an add-on (wallet provider) to access Ethereum DApps. today Our recommendations to access Ethereum DApps Desktop Browser Add-on: MetaMask Android: , Cipher Toshi iOS: , Cipher Toshi By John Melvin Susai Co-Founder of Bleumi, Inc. Originally published at bleumi.wordpress.com on January 30, 2018.

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