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Report: More than 65 Ways Blockchain Technology Can Fix Global Environmental Challenges

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environmental challenges blockchain

San Francisco, United States, 14 September 2018 – A new World Economic Forum report released today at the Global Climate Action Summit in California identifies more than 65 ways blockchain can be applied to the world’s most pressing environmental challenges and calls for new global platforms to incubate ‘responsible blockchain ecosystems’ rather than just individual applications or companies.

Produced in collaboration with PwC, Building Block(chain)s for a Better Planet also identifies eight game-changers where the technology can fundamentally transform the way the world manages its natural resources. These range from decentralising management of natural resources such as energy and water, to creating more transparent supply chains that drive greater sustainability, and providing new mechanisms for raising the trillions of dollars that will be needed to deliver low-carbon and sustainable economic growth.

Blockchain-enabled solutions are currently being explored to improve the sustainability of global supply chains and could help overcome illegal activities by tracking fish from “bait to plate”, or commodities like palm oil, beef, and soy from “farm to fork”. Such transparency is vital in influencing consumer decisions, updating supply chain practices and triggering new governance arrangements. Blockchain-enabled smart contracts could, for instance, be used to underpin innovative tenure arrangements that give specific resource rights to communities or fishers.

According to the report, these and other opportunities have been largely untapped by developers, investors, and governments, and represent an opportunity to unlock and monetise value that is currently embedded in environmental systems.

environmental challenges“Blockchain’s potential to fundamentally redefine how business, government, and society operate has generated considerable hype,” said Sheila Warren, Head of Blockchain and Distribute Ledger Technology at the World Economic Forum’s Centre for the Fourth Industrial Revolution. “Despite this hype, there are many challenges to overcome – it is still a nascent technology undergoing rapid development. Now is the right time for stakeholders to work together to ensure the development of responsible blockchain solutions that are good for people and the planet.”

Celine Herweijer, Partner, PwC UK, added: “It is important for anyone thinking about developing or investing in a blockchain application for the environment to take a step back and ask three essential questions: will blockchain solve the actual problem, can downside risks or unintended consequences be acceptably managed, and has the right ecosystem of stakeholders been built?”

If harnessed in the right way, blockchain has significant potential to enable the transition to cleaner and more resource-preserving decentralised solutions, unlock natural capital and empower communities. This is particularly important for the environment, where the tragedy of the commons and challenges related to non-financial value are prevalent.

“If history has taught us anything, it is that these transformative changes will not happen automatically,” said Dominic Waughray, Head of the World Economic Forum’s Centre for Global Public Goods. “They will require deliberate collaboration between diverse stakeholders ranging from technology industries through to environmental policy-makers, and will need to be underpinned by new platforms that can support these stakeholders to advance not just a technology application, but the systems shift that will enable it to truly take hold.”

Building Block(chain)s for a Better Planet forms part of a series of reports from the Fourth Industrial Revolution for the Earth project, run in association with the World Economic Forum Centre for the Fourth Industrial Revolution.

*Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.*

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VibraVid: A Solution to YouTube Woes

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VIBRAVID

We mostly use the internet nowadays, even children at their very young ages are hooked on to the gadgets and the internet. They even have their own YouTube stars and sensations. Indeed, Ryan of Ryan Toys Review was recorded by Forbes as YouTube’s highest-earning star, raking in $22m.  

VIbraVid

A seven-year-old boy who reviews toys has been revealed as YouTube’s highest-earning star, raking in $22m (£17.3m).

The young boy was asked by the NBC, why kids liked watching his videos, Ryan – who is now eight – replied: “Because I’m entertaining and I’m funny.”

Every toy that he features on his blog was instantly selling out making him get more sponsors, doubling his net worth. 

When you gave your smartphone to your child and they started to play random videos on YouTube, did they get a penny from watching them? Aside from gadgets being harmful to mental health and eyesight if they’re spending more time on the internet, maybe they can learn some words and things from it. The video creator will surely earn when your kiddo watches the videos, what about your child? Absolutely not.

On the other hand, old vloggers may be lucky as they already built a strong fan base before this industry hit the market so hard, but things are not in favor of new YouTube vloggers. Huge numbers of them are struggling to promote their contents. Simply because there are too many of them competing now. They’re having a hard time gaining real followers that will support them from start to end. It becomes a competition where things are really unfortunate and makes them lose their passion.

As we stand on the threshold of the next wave of the digital content revolution with the emergence of the Internet of Things (IoT), this digital content vulnerability could become more than problematic unless we transform the basic platform that we use.

What if we combine it with Blockchain?

What if we tokenise everything?

What if we use the platform, VIBRAVID

VibraVid is a decentralised online sharing platform built on the TRON blockchain that’s aiming to become a decentralised answer to the industry giants like YouTube. The platform aims to transform how consumers interact with digital content and in the process increase the revenue potential for content creators.

VibraVid aims to deliver content directly from creators to users, thereby eliminating the presence of intermediaries in the form of record companies, labels, physical media manufacturers, banking organisations, etc. As a result, internal reserves for revenue creators of content will be significantly increased.  

In the VibraVid Platform, both content creators and fans/listeners can earn money with the innovation of Blockchain.

What is BeatzCoin? 

BeatzCoinBeatzCoin is a cryptocurrency that has value, just like Bitcoin (BTC), and is used in transactions and functions in the VibraVid platform. It is built on the Tron (TRX) network. With Tron, MainNet will be used for all cryptocurrency transactions made between users. Transactions made within the platform, between wallets have been tested to be confirmed in 3-5 seconds. BeatzCoin can be bought and used to pay for video and audio content, marketing and advertising by users, creators and advertisers. You can also earn BeatzCoin through airdrops, bounties, content creation, publishing, promotion, sales, rentals, events, event tickets, fan merchandise, tips, crowdfunding donations and staking. 

BeatzCoin was endorsed by the famous blockchain influencer John McAfee, who is an outspoken member of the team. They have recently completed the private beta test and will launch the app publicly as early as July 31st.

Making money is now easy, but remember, just because you made a lot of money doesn’t mean you know how to spend or invest it well. Do not lose faith because you’re struggling with platforms such as YouTube, there is an alternative, VibraVid. Continue making great content, continue positively influencing people’s lives, but get what you deserve, be a pioneer with VibraVid.

For more information please direct to our official pages: 

Website | Whitepaper | Artist Accelerator | Bounty Campaign | English Telegram community more than 19,300 members | Korean Telegram Community with  835 members | Twitter | YouTube | Facebook | Discord | Reddit | Ann Thread

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.

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1xBit Offers A New Lottery For Its Customers

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1xBit Offers

1xBit is happy to announce a new lottery HOT BITCOIN, that will last from June 22, 2019, till August 12, 2019.

Are you fond of betting or maybe you want to earn bitcoins? 1xBit is a good chance to make your wishes come true and win a special prize. It is one of the best cryptocurrency gambling and betting platform. Try now and understand how it can be easy to earn cryptocurrencies! 

On August 13, 2019, the lottery draw will randomly determine lucky winners that will get the following prizes:

1st place: 1 Bitcoin (BTC)

2nd place: 10 Bitcoin cash (BCH)

3rd place: 100 Bitcoin gold (BTG)

4th place: 1,000 Stratis (STRAT)

5th place: 10,000 Nem (NEM)

But that’s not all prizes, the other 750 lucky participants will get bonus points, as it’s shown  in the list below:

  • 10,000 bonus points (10 winners);
  • 5,000 bonus points (20 winners);
  • 2,000 bonus points (30 winners);
  • 1,000 bonus points (40 winners);
  • 500 bonus points (50 winners);
  • 200 bonus points (100 winners);
  • 100 bonus points (200 winners);
  • 50 bonus points (300 winners);

Every winner can buy currency for bonus points or exchange them for free bets.  It’s very easy to take part in this lottery. Bet on any event at least 2 mBTC and get lottery tickets for each bet placed. Free tickets will be automatically credited to your account. Of course, the higher your stake, the more tickets you will get. For example, if you bet more than 12 mBTC you will earn 10 lottery tickets. There is no limit on the number of bets you can place or tickets you can receive.

1xBIT Logo1xBit is a cryptocurrency sportsbook and casino where only cryptocurrency is eligible for playing. Enjoy thousands of sporting events and a rich LIVE section to bet on daily and find all the ongoing events with the best odds! If you like slots, you can find here different kind of slots for all tastes. The high rates and a large number of various bonuses and promos increase your chances of winning. Register and receive a welcome bonus of up to 7 BTC! Yes, 7 BTC, it’s not a joke! You can see for yourself, just register on 1xBit website.

Register on the 1xBit website, place a bet on any event, get a lottery ticket and take part in the prize draw. Perhaps, YOU will be one of the winners.

You can find more detailed terms and conditions of the lottery on the 1xBit website.

Place your bets and GOOD LUCK!

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.

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How Blockchain Turns the Game in African Financial Life

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Chatex
Image by Chatex.com

Progress never stands still. People seek for simplicity and convenience, and the financial system is no exception to that. Hardly anyone could have thought that cash could ever be replaced with plastic cards. Today, it’s time for cryptocurrency to trigger the change in the paradigm.

Besides being a great instrument for investment, crypto changes the very essence of how money is transferred. Today, everyone who owns crypto can seamlessly and transparently exchange, sell off and buy up assets.

Is that not the democratic solution our world needs? That’s the question which underpins the initial purpose of Chatex project. The company has chosen the African continent as the starting point of its expansion in order to help those who suffer from excessive commission fees and lack of fiat.

Why Africa?

The banking environment is so weak here, that it’s hardly called ‘banking’. It is mired in corruption and bureaucracy, while the level of financial literacy is extremely low. It’s a common practice for local third-party services to charge sky-high commission fees on money transferring. Sometimes these figures reach 10 or even 20 percent. Chatex’s CEO, Michael Ross-Johnson, comments the following:

“How can one be treated in such a sordid way in the continent where people survive on less than the equivalent of one dollar a day? We can’t just monitor with our hands folded. We at Chatex are here to help African people become a part of the transparent and fair system that will give them an opportunity to freely manage their money and enjoy the comprehensive financial freedom”

How Chatex will make it out?

ChatexChatex offers a same-name bot based on Telegram, which could be downloaded on any kind of a smartphone supporting the messenger. It is an official, licensed and GDPR-compliant service, which offers safe data storage, BitGo instant transfers technology and additional PIN-code protection.

Thanks to Chatex, users can carry out cross border transactions, whichever their education or location is. One registered with the bot can instantly buy crypto via banking and gift cards, including even iTunes one, and transfer money to other users worldwide with no commission.

What’s the catch? There aren’t any. The verification process and money transfer won’t last more than 15 minutes here. The interface is intuitively simple and user-friendly, that’s why even a layman user will be able to operate without hindrance.

Having established an office in Ghana, Chatex plans to extricate banks and extortionate money transfer services from all over the continent. Next step would probably be Uganda, where the banking system has run rampant. In Uganda, every year relatives send home about $700 million, and almost $70 million of that total are charged by third-party service providers.

Judging upon the current trends of pervasive smartphone penetration, it can easily be said that mobile solutions such as Chatex are on their way to fit a whole set of financial operations into the user’s pocket. Africa needs such services that will ease people lives and eliminate the limits local banks and third-party services set up. Chatex avoided the well-trodden path of expansion and no one will regret. It has started a new chapter in the African market, aiming to ‘make Africa great again’.

To find out more, visit https://chatex.com/.

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.

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