Author Archives: Satoshi

PayMeaBit: a Bitcoin Social Network

bitcoin_social_network
PayMeaBit is a new Bitcoin social network where you can publish your contents (photos, charts, infographics and more) and earn bits, or a small fraction of Bitcoin.
As Bitcoin has eight decimals, it allows microtransactions that are very useful when you want to buy somenthing or leave a tip online, and this is the reason why we defined it as the Internet of Money.
So, Paymeabit is a “Value Network”, a platform where contents – such as a comments, a photos, a videos or blog posts – can earn value in bitcoin. 
Paymeabit enables this by allowing every like to have a value in bits – which are fractions of bitcoin worth less than a cent. This makes it easy for content creators and all the users to monetize their content with bitcoin nanotransactions.
To use PayMeaBit follow this guide.

Bitcoin Social Network: a guide to use PayMeaBit

1) Go to the PayMeaBit website
2) Scroll down the page and click on “Join PayMeaBit
3) Sign in with Google, Facebook, Twitter or with your e-mail
4) You are in!
As you can see, the sign in process is very simple and the platform is user-friendly.
Now you should publish somenthing to start earning some bits.
5) After the “Log in” you will find the “Create” Button on the right top of the page
6) Click on “Create” and go to “Post”
7) Then you can create your post. You can now add a URL, write your article or add an image.
Now you can start to monetize your content!
8) Share your post on your social networks such as Twitter, Facebook and more to allow your friends to leave you a tip.
You can also create a premium post and/or a group where you share your problems or questions with the community.
It is very simple, isn’t it?

Of course, you can withdraw the bits you earned, but you need a wallet.
Open your Bitcoin wallet here for free thanks to HolyTransaction! 

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Satoshi

Samsung will invest in the Blockchain

samsung_will_invest_in_the_blockchain
The well-known South Korean giant Samsung will invest in the Blockchain, as revealed a few days ago by a IT affiliate of the company.

Samsung will invest in the Blockchain startup Blocko

Samsung, in fact, will invest in a blockchain-related startups called Blocko and Darktrace.
More details will be revealed soon, as well as the investment amount that is not already known.
Blocko use a blockchain-as-a-service platform called CoinStack, according to their website:
“Samsung SDS will increase competitiveness of its cybersecurity business and services by promoting sales of the differentiated cyber threat defense solution by Darktrace to Korean companies, as well as work with Blocko to support commercialization of emerging blockchain technology in various sectors including IoT.”
 
Stay tuned on the HolyTransaction blog to read more details about this investment.
In the meantime, you should create your own HolyTransaction wallet.
Our Universal Wallet – as we like to define it – is a safe and secure place where you can store Bitcoin, Litecoin, Blackcoin, Ethereum, Dogecoin and more digital currencies within a single account.

Open your smart wallet here for free! 

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Satoshi

IBM announces its new cloud Blockchain Security Service

cloud_blockchain_security_service
Today (July 15, 2016) IBM announces its new cloud Blockchain Security Service that aims at helping businesses test and run blockchain projects for private applications.
Defined as the “IBM secure blockchain cloud environment”, this project is a new integration of the IBM’s existing blockchain cloud service.
However, the company goal is to increase the security of private blockchain services running in the cloud. 
Donna Dillenberger recently commented how the cloud environment – thanks to the IBM LinuxOne server – could protect valuable data on a private blockchain.
She explained to Coindesk:
“The cloud is made up of a special hardware that protects the blockchain from hacks, from people who have unethically compromised root users or system administrator credentials.”
Using this safe network, blockchain applications built through the IBM blockchain are signed and encrypted so it is impossible for a malware to install itself on this platform. 
This project is currently in a limited beta version.

Cloud Blockchain Security Service

This is not the first time we read news related to IBM and blockchain services.
In fact, previously this company announced its project for an artificial intelligence called Watson to be created thanks to the blockchain. You can read the full news by clicking here.
Also, IBM is so enthusiastic about this technology that Director John Wolpert commented “We’re All in on Blockchain”, during an important Blockchain Conference held in San Francisco on February 12nd, 2016.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Satoshi

Russian Party accepts Bitcoin


Today reports explain that a minor political Russian party accepts bitcoin donations.

The center-right party created back in 2009 called the Party of Growth, in fact, will accept donations in the cryptocurrency. 
This news originally appeared on Interfax and TASS, two magazines about Russia and that cover remarks from Boris Titov, the head of the Party of Growth and advisor to Russian President Putin for business-related issues.

Why the Russian Party accepts Bitcoin 

According to these magazines, Titov explained that the party need funds from new sources, including crowdfunding and bitcoin – but only from people with verified identity, he continued. 
In fact, the party wants to promote the acceptance of the digital currency within its own country.
To do so, the party will also create a legislation that will be able to simplify the technology adoption and development in Russia.

“Russia can take advantage of the difficult economic situation that has developed today for us to become a very profitable country open to blockchain”.
Currently the party of Growth doesn’t hold any seats in the Duma, but it has two representatives in Russia’s regional legislatures.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Satoshi

Kim DotCom to restore Megaupload with Bitcoin

megaupload_with_bitcoin
The well-known entrepreneur Kim DotCom announced that he plans to restore the web hosting platform Megaupload with Bitcoin next year. 
In fact, a few days ago Kim DotCom, who created Megaupload back in 2005, published a tweet in which he explains his project:
“I can tell you that Megaupload and Bitcoin had sex. There is a pregnancy and I have a feeling that the baby will be such a joy.”
He also explained that everyone who will tweet on his behalf will get a beta access for the Megaupload 2.0. 
According to his will, Kim will restore the website on January 20th, 2017, or the fifth anniversary of the U.S. government closed the original domain. 
Thanks to bitcoin, DotCom indicates that users will be able to pay the access to Megaupload with Bitcoin. 
When Megaupload 2.0. will be active, original users’ accounts will be reinstated, even if this move could lead to future legal issues as Megaupload encouraged users to share copyrighted content.
According to Torrentfreak Megaupload 2.0. will provide 100gb of free storage and users will be able to sync all their devices to an only account.

Universal Wallet

To store and pay with Bitcoin you need a safe wallet as the HolyTransaction one.
Read more about Bitcoin in our blog and open your wallet here for free. 

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Satoshi

US Department of Homeland Security to use the Blockchain

us_department_of_homeland_security_to_use_the_blockchain
The US department of Homeland Security (DHS) – the division created after the 9/11 terrorist attacks – talks about the possibility to use the blockchain technology.
First announced in a press release published in December, the DHS announced in June that it awarded a prize of $199,000 to the blockchain startup Factom that aims at using the distributed ledger to ensure the security of cameras that monitor US borders.

How US DHS wants to use the Blockchain

This way the blockchain could be helpful for DHS as it aims at building an identity for devices, or a way to extend the company’s ability to monitoring services and devices.
Data privacy program manager Anil John explained to Coindesk:
“The Factom piece is more along the line of these devices exist, but how do we build a picture of the identity of this device over time? The blockchain could be the catalyst that allow us to document the changes”. 
Also, he explained that the company wants to learn more about the potential applications of the blockchain. 
“For DHS use cases, the projects we’re funding are focused on proving or disproving that security and privacy can be supported by a blockchain-based infrastructure. It is much broader than IoT and identity.”
To do so, DHS gave funding also to projects such as Solarity Solutions, Respect Network and Digital Bazaar.

Universal Wallet


To store in a safe place your digital currencies you need a good wallet such as the one provided by HolyTransaction
We define it as a “Universal Wallet” as you can store different kinds of digital currency in a single account. 
In the HolyTransaction wallet, in fact, you can store Bitcoin, Ethereum, Dogecoin, Peercoin, Blackcoin and Litecoin in a single account easy to be managed. 

Open your wallet here for free! 

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Satoshi

Mitsubishi invests in Blockchain

japanese lamps
Today Coinbase announced that has raised $10.5m thanks to Bank of Tokyo Mitsubishi UFJ, 

 

Mitsubishi UFJ Capital and Sozo Ventures.

 

Also, Bank of Tokyo Mitsubishi UFJ itself started a new partnership with Coinbase, confirming rumors that the American startup was working on a proof-of-work project with an Asian bank.
Thanks to this move, Mitsubishi invests in blockchain applications.

Mitsubishi invests in Blockchain: a gap to fill up

 

In a press release, Coinbase explained that this collaboration will allow to fill up the gap between the blockchain and traditional financial institutions.

 

“Partnering with leading global financial institutions is a key part of our strategy and we are thrilled to be working with BTMU.”

 

Also, the well-known exchange commented that wants to launch several services in Japan; this way the startup will be able to serve a second Asian market.

Mitsubishi to have its own cryptocurrency

 

This news came following a report from the Asahi Shimbun newspaper and the bank will soon issue a virtual currency (the MUFG Coin?) that will be available next year.


Digital Currencies Wallet 

 

 
HolyTransaction is a Universal Wallet where you can store in a safe and unique place all your digital currencies managing just an account.
This is an innovation, as usually you need a wallet for each cryptocurrency you have.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Satoshi

US government to use Blockchain for Health Care issues

USA Flag Bitcoin

The US Department of Health and Human Services (HHS) could convince the US government to use the blockchain in health care issues, so it aims at starting a study related to distributed ledger applications and health problems.

According to a press release published by the Federal Register, HHS is looking for white papers about blockchain applications for healthcare purposes.
So tou can send your ideas for this contest within July 29th, and winners will be announced in September.

Official notice: US Government to use Blockchain?

The notice states that those papers shouldn’t contain more than 10 pages and no more than three researchers should be submitted by any researcher or group.
 
“The paper should discuss the cryptography and underlying fundamentals of blockchain technology, examine how the use of blockchain can advance industry interoperability needs expressed in the Nationwide Interoperability Roadmap, patient centered outcomes research (PCOR), precision medicine, and other health care delivery needs, as well as provide recommendations for blockchain implementation.”
Winners will present their projects at a “Blockchain and Healthcare Workshop”.
The event will be hosted by the Office of the National Coordinator for Health Information Technology and the National Institute of Standards and Technology (NIST).

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Satoshi

Uber accepts Bitcoin in Argentina

uber accepts bitcoin
The Argentinian department of the ridesharing giant Uber accepts Bitcoin. 
To do so, Uber starts a partnership with Xapo, a startup that will help Uber users to accept bitcoin debit cards during their domestic and abroad travels. 
This project was announced this week through a Twitter post published by Uber Argentina, even if it has now been deleted for unknown reasons. 

Uber accepts Bitcoin to fight against Government

This decision came when Argentinian government blocked Uber credit cards, after a police raid in the houses of the individuals suspected to be connected to the Uber company. 
A Xapo spokesperson explained that the company exploits this event to propose its service to Uber, to allow its users to load debit cards with bitcoin. 
Anni Rautio, product manager at Xapo, explained:
“This is a win for all local Uber users and drivers, and for Uber as a company, as they are able to continue operations in Argentina through Xapo’s Debit Card. It’s also great news for bitcoin: it’s one step closer to seeing mainstream companies adopt bitcoin.”
This partnership started last week, and Xapo has already experienced a growth in interest for its debit card service.
Even if it is not sure that this news will allow the increase of the use of bitcoin in the country, a local magazine reports that 550,000 users downloaded the ridesharing app.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Satoshi

Russian Banks work on a Blockchain Unit

Russian Banks work on a Blockchain Unit

A few days ago Russian Banks and public institutions revealed that they will create a unit that aims at studying blockchain applications.
Announced on July 1st, this private consortium includes QIWI, B&N Bank, Khanty-Mansiysk Otkritie Bank, Tinkoff Bank, MDM Bank, and Accenture.
The project was announced during the 25th International Financial Congress in St. Petersburg, hosted by the Russian Central Bank.
This unit focuses on the development of “blockchain proofs-of-concept, work on joint research and policy outreach, and the creation of technology standards”. 
The idea for this project came when the QIWI revealed its hope for creating the so-called “Russia’s R3CEV”, a group of financial services focused on the distributed ledger.
CEO Sergey Solonin explained:
 
“I’m convinced that the Consortium, which brought together the Russia’s largest financial company, is able to become an effective platform for multilateral cooperation in exploration, launching innovations and their implementations in financial services.”

Bank of Russia works on the Blockchain

Bank of Russia is not new to an involvement with the Blockchain, in fact,
A few months ago Olga Skorobogatova of Bank of Russia explained that “the development of modern financial markets is inseparable from the development of financial technology”, when the bank revealed his purpose to start studying the distributed ledger back in February 2016.

Universal Wallet

HolyTransaction is a universal wallet where you can store several different kinds of cryptocurrencies in a safe and unique place, easy to manage.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Satoshi