A product development and partnership milestone
Today we’re delighted to announce the first beta release of MultiChain 1.0 for Linux and Windows, after more than two years of intensive development. As we’ve said before, our definition is very specific: "beta" means that there are no known bugs or major shortcomings. So the purpose of the beta period is to ensure than any unknown issues are discovered through our own testing, as well as that of our growing user base.
The beta period will last a few months, with the final release of MultiChain 1.0 due in summer 2017. Apart from testing, we’ll also be using this time for further performance optimization. While we (and several partners) have benchmarked MultiChain at ~500 tx/sec on mid-range hardware, we’re planning to push that further for the 1.0 release.
We’re also announcing the addition of 14 companies to the MultiChain Platform Partner Program, bringing the total number to 27. The new members include three multinational consultancies: Boston Consulting Group, PricewaterhouseCoopers LLP and Worldline. Eleven other smaller companies, many of which are focused on blockchain application development, have also joined: Auxesis Group, Crossword Cybersecurity, Cryptologic, Enuke Software, Enuma Technologies, InfoCorp Technologies, Kunstmaan, Minddeft Technologies, Primechain Technologies, RecordsKeeper and Satoshi Citadel Industries. The partner program involves both technical and marketing cooperation, including a listing on the MultiChain website, which now receives over 25,000 visitors monthly.
Apart from partners using MultiChain to deliver client projects, we’re also seeing a different type of collaboration emerge, where software vendors integrate MultiChain into their platform to enable peer-to-peer data sharing and collaboration. Today we’re pleased to jointly announce that we’re working with Seal Software, the market leading platform for contract discovery and analytics. Seal will leverage MultiChain to allow a multiparty contract’s terms and conditions to be shared, negotiated and managed directly on a peer-to-peer basis between the parties involved. This follows our recent announcement of a similar collaboration with Wolfram Research, the company behind Mathematica.
Thank you for joining us on our journey so far. The full text of today’s press release is included below.
MultiChain Adds New Partners and Enters Beta
March 30, 2017 – Coin Sciences Ltd is delighted to announce the addition of fourteen companies to the MultiChain Platform Partner Program, a new collaboration with Seal Software, and the first beta release of MultiChain 1.0.
New members of the Platform Partner Program include three multinational consulting companies: Boston Consulting Group, PricewaterhouseCoopers LLP and Worldline. Eleven other smaller companies have also joined: Auxesis Group, Crossword Cybersecurity, Cryptologic, Enuke Software, Enuma Technologies, InfoCorp Technologies, Kunstmaan, Minddeft Technologies, Primechain Technologies, RecordsKeeper and Satoshi Citadel Industries. This brings the total number of program members to 27, which includes founding partners Accenture, D+H and Mphasis. A full list is now available at: http://www.multichain.com/platform-partners/
Coin Sciences Ltd is also pleased to announce a new collaboration with Seal Software, the award winning platform for contract discovery and analytics. Seal is to integrate MultiChain as a key component of its platform, combining Seal’s machine learning framework for intelligent contracts with MultiChain’s advanced streams functionality. This will enable a single view of a multiparty contract’s terms and conditions to be shared, negotiated and managed on a peer-to-peer basis between the parties involved.
Together with these new partnerships, Coin Sciences is today announcing the first beta release of MultiChain 1.0 for Linux and Windows. The beta release represents the culmination of over 2 years of intensive development, driven relentlessly by feedback from developers building on the platform. During the beta period, additional testing and optimization will take place, with the final version 1.0 release due in summer 2017.
“Since launching the platform partner program in October, dozens of companies have reached out to us,” said Dr Gideon Greenspan, CEO and Founder of Coin Sciences Ltd. “Many had already built projects for their customers on MultiChain, and welcomed the opportunity to create a formal relationship. Others, such as Seal Software and Wolfram Research, sought to integrate MultiChain into their software platforms to enable peer-to-peer data sharing and collaboration. With version 1.0 of MultiChain now entering beta, we look forward to continued cooperation with all our partners, helping them leverage MultiChain for their customers’ needs.”
“Bringing two advanced technologies together like this takes the use of AI- based contract analytics to a whole new level,” said Kevin Gidney, Seal Software’s CTO and co-founder. “I am delighted to be working with Coin Sciences and their MultiChain platform on this opportunity.”
“Joining the MultiChain Platform Partner Program underpins our commitment to maintaining a deep understanding of the different blockchain fabrics available, helping us advise our clients on electing the right solution,” said Seamus Cushley, Director of the PwC EMEA Blockchain team. “PwC has developed blockchain solutions across a wide range of industries with a number of underlying fabrics, including successful engagements using MultiChain. Joining this program offers us early access to releases and priority access to their internal engineering team and we look forward to working with Coin Sciences more closely in the future.”
“We are very pleased to partner with Coin Sciences Ltd,” said Kaj Burchardi, Managing Director of Boston Consulting Group’s Platinion Netherlands division. “In our experience, the MultiChain platform provides an efficient opportunity to implement use cases in permissioned distributed ledger environments. We are convinced that the recent open source code release will give the platform another push in terms of implementations.”
“We are using MultiChain for building several blockchain powered solutions, including shared KYC / AML, syndication of loans / consortium lending, trade finance, asset registry, asset re-hypothecation, secure documents, cross-border payments and peer-to-peer payments,” said Shinam Arora, CEO of Primechain Technologies Pvt. Ltd. “We find MultiChain very powerful yet easy to use.”
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Lewis Hamilton believes that the future of the F1 is in good hands
Lewis Hamilton has described Stefano Domenicali’s return to Formula One as ‘amazing’ and believes the future of the sport is in good hands.
The Italian, a former team principal of Ferrari, has been named the new president and chief executive officer.
Chase Carey, the chairman and CEO of F1 since January 2017, will step back to a non-executive chairman role and relinquish day-to-day control.
And six-time world champion Hamilton was among many to welcome Domenicali’s appointment.
‘Amazing. I know Stefano really well. He’s one of the nicest guys that I know,’ Hamilton said ahead of the Russian Grand Prix in Sochi.
‘I don’t think they could have chosen someone better, to be honest, to replace some big shoes of Chase, who has done an amazing job and has always had such a great approach.
‘Stefano has got a great heart. He’s got a good family and good morals. The future’s positive.’
Domenicali, 55, worked as Ferrari team principal between 2008 and 2014, and has since worked with the Volkswagen Group and as the chief executive of Lamborghini.
He has also been head of the single-seater commission of F1’s governing body the FIA and will continue in that role.
The Italian said: ‘I am thrilled to join the Formula 1 organisation, a sport that has always been part of my life.
‘I was born in Imola and live in Monza. I’ve remained connected to the sport through my work with the single-seater commission at the FIA and I look forward to connecting with the teams, promoters, sponsors and many partners in F1 as we continue to drive the business ahead.
‘The past six years at Audi and then leading Lamborghini [both part of the Volkswagen Group] have given me broader perspective and experience that I will bring to Formula 1.’
Source: dailymail.co.uk; gpblog.com
Hong Kong taps ConsenSys for phase 2 of digital currency development
ConsenSys to take over phase two of project Inathon-LionRock The blockchain firm will team up with PwC and HK Forms Project involves the execution of a cross-border proof-of-concept Project Inathon-LionRock is about to enter phase two as Hong Kong taps ConsenSys blockchain firm to take finalize the development. Hong Kong’s finance regulator singled out ConsenSys […]
- ConsenSys to take over phase two of project Inathon-LionRock
- The blockchain firm will team up with PwC and HK Forms
- Project involves the execution of a cross-border proof-of-concept
Project Inathon-LionRock is about to enter phase two as Hong Kong taps ConsenSys blockchain firm to take finalize the development. Hong Kong’s finance regulator singled out ConsenSys to finalize the execution of a CBDC to a cross-border proof-of-concept in phase two of the Inathon-LionRock fintech project.
Notably, Inthanon refers to the distributed ledger technology of Thailand’s CBDC, while LionRock is Hong Kong’s CBDC version. The Hong Kong Monetary Authority (HKMA) commenced the digital currency development initiative last year jointly with the Thai central bank, to evaluate the execution of a CBDC to international settlements. As per the official statement, ConsenSys disclosed it would team up with PriceWaterhouseCoopers and HK Forms on the PoF.
Hong Kong taps consenSys technology
The execution of DLT comprises avoiding the current banking system and permitting inter-bank direct transfers. The objective is to form a link connecting Inathon and LionRock and implement an international settlement protocol, to subdue the problems faced today in cross border transactions such as policies, expenses, and backtracking.
Moreover, ConsenSys has participated in digital currency development before. The Ethereum studio is among the entities contracted by Singapore’s financial regulator for its CBDC concept. Furthermore, the ConsenSys worked with the central bank of South Africa for project Khokha to create a robust, low cost potent inter-bank network on utilizing DLT. As Hong Kong taps ConsenSys for its digital currency project, its experience in the field explains the decision.
Consensys to spearhead Inathon-LionRock phase two
As per the official statement, ConsenSys will utilize its commercial stack to evaluate the PoF solutions, with more weight placed on three vital factors in the scalability, interoperability, and security of the solution. Furthermore, the blockchain firm justified its adoption of Ethereum solutions stating that the network is perfect for digital currency development based on scalability and privacy.
The Inathon-LionRock is a fintech partnership between the HKMA and the central bank of Thai. Furthermore, some other ten commercial banks were included in the project back in May last year. The pilot project run between financial institutions earlier this year produced excellent results, hence phase two of the project.
Monero, Synthetix, DigiByte Price Analysis: 26 September
Monero was noting a bullish divergence on the charts, with XMR trading beneath an important level of resistance, at press time. Synthetix, however, showed indecision in the markets and could see a drop in price over the next few hours. DigiByte bulls and bears were in equilibrium, but bears could force another minor pullback in the next few trading sessions.
The RSI showed a bullish figure of 57, at press time, with the same rising alongside the price as it bounced off the support in the region of $87. The price had also formed a bullish divergence, highlighted in white, registering lower lows while the momentum indicator (RSI) made higher lows.
XMR has been unable to ascend past the $95-resistance over the past week and could face selling pressure in the same region once more.
Also highlighted on the chart in orange was the impending bearishness XMR showed as it neared $95 a week ago. The price had been forming higher highs while the RSI made lower highs. This played out and the price was forced to test the support at $87 twice.
In related news, it was recently announced that Monero had been added to Atomic Wallet.
The MACD registered a bullish crossover a couple of days ago and also crossed into bullish territory. This was a clear bullish signal, yet the price met sharp selling pressure at the resistance level of $5, evidenced by the long upper wick, denoting rejection at the resistance.
The subsequent trading sessions also suggested indecisiveness in the market, as shown by the cyan arrow. The price oscillated both ways, but neither buyers nor sellers prevailed.
This price action near an important level of resistance might indicate short-term bearishness, and SNX could be headed for a minor drop to $4.5, before it resumes its recent uptrend.
Bitfinex recently announced the listing of SNX and added that SNX deposits were open.
DGB rose strongly past multiple levels of resistance, till $0.032 proved to be particularly thorny. Sharp rejection at that level saw DGB move beneath previous support levels to trade at a press time of $0.025.
The Chaikin Money Flow showed a balance between buyers and sellers in the market with CMF near 0. The trading volume over the past few sessions has also been low, suggesting that many traders have opted to sit on the sidelines and wait for DGB to confirm its next direction.
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