The collaboration team would utilize the cloud technology and Artificial Intelligence (AI) to introduce data management and identity securing platform with the goal of being the cheapest and most integratable to lower the barrier to entry for businesses of any size.

 “ShareRing is extremely pleased to work with Tencent Cloud in developing a world-first identity and document management platform.

We have strong confidence in Tencent Cloud’s capability as one of the most reliable, high-performance, and globally recognized cloud services providers in the world.” Tim Bos, CEO of ShareRing

The new project would first be launched in Southeast Asia, a region that has been heavily affected by the Corona Virus through travel restrictions. Both companies plan on combining technological resources together such as the combination of ShareRings distributed ledger technology (DLT) with Tencent cloud optical character recognition (OCR). This converts characters into text, helping improve the efficiency and accuracy of data entry. Tencent and shareRing plans on helping Southeast Asians with the developments they plan on building.

The ShareRing App

The ShareRing app is a travel platform that will allow users to have access to practically everything concerning travels ranging from hotel reservations, flights, insurance policies, car rentals and tour packages. To add all these, they are also working on an open World passport, the first anonymous contact tracing passport that can be integrated with e-visa on arrival system (eVOA), travel insurance companies, airlines, hotels and retail shops.

The app has already gotten large interest from leaders in the Association of Southeast Asian Nations (ASEAN) region and they are closely working with Thailand to introduce it in the country.

Both projects hope to solve the issue of projects competing over liquidity across all exchanges. It says that crypto assets today are distributed over 200+ exchanges and all projects are competing for a finite amount of liquidity. They plan to solve this by developing a decentralized platform where all liquidity from the entire crypto market will be aggregated into one platform. They would aggregate the order book, depth and price price discovery from all centralized and decentralized digital asset markets.

The product is called Orion Terminal, a decentralized gateway to the entire digital asset market.

Bonded Finance plans on developing an algorithm that will help aggregate, derisk and unlock 50 million in dormant value distributed amongst untapped digital assets. They would also allow altcoin projects that are qualified to borrow against their assets, or pool them and start earning.

The collaboration allows for locked and staked ORN tokens to be made available for yield generation via the Bonded Finance Smart Contracts.  Holders of ORN will have access to Ionic, Bondeds lending / borrowing product. This access will allow them to loan and borrow ORN, Access capital resources, earn as they hold and to also earn from the liquidity incentives.

Alexey Koloskov, CEO + Co-Founder of Orion Protocol states “With a shared mission of bringing greater liquidity, accessibility, and value to open finance, we’re proud to be partnering with Bonded Finance. This will enable ORN holders to further monetize their assets by unlocking even deeper yield generation opportunities, earn liquidity incentives, and loan and borrow ORN – all while furthering ORN’s utility within Bonded’s growing ecosystem.”

Orion protocol would help Bonded Finance by providing them with their protocol’s liquidity API which would allow for streamlined Liquidation of assets available on the Bonded platform thereby allowing it to perform a wide market sweep across all exchanges in the market to efficiently handle potential liquidations. The provision of the API by Orion protocol would allow Bonded finance to transact large quantities of assets strategically without risks associated with it.

Paul Mak, CEO of Bonded Finance, states, “To have a single-source liquidity provider amidst this fragmentation is a small miracle. As we move forward, Orion’s solution will allow us to list more assets and provide smaller projects with needed support. It’s a win for the space.”

Orion Protocol

It is built on the most advanced liquidity aggregator ever developed, Orion Protocol aggregates the liquidity of every single crypto exchange into one platform: providing a decentralized gateway to the entire digital asset market. In doing so, Orion is building a protocol on which to bridge the worlds of crypto, traditional finance, and real world assets.

Bonded Finance

The Bonded platform was created to incubate and deploy experimental, high-yield, smart-contract driven, financial instruments that push the bounds of open finance. Bonding is an algorithmic model that aims to unlock, aggregate and de-risk ~50 billion in dormant value distributed amongst untapped digital assets by allowing supporters of qualifying altcoin projects the opportunity to borrow against these assets or pool them and start earning.

Today, a partnership between Crypto banking platform cashaa and the United Multi-state Credit Co-operative Society has made it possible for 22 banks branches in India who are interested in Crypto banking services. The citizens of India who are interested in Cryptocurrency will soon be able to go to their local bank branches to get Cryptocurrency and to also learn about investing in them.

Cashaa stated that “initially account holders will be able to buy and sell bitcoin (BTC), Cashaa(CAS), Ethereum (ETH) , Binance coin(BNB), Bitcoin Cash(BCH), EOS, Litecoin(LTC) and Ripple (XRP) with cash or the amount balance in rupees”. The 22 branches will be ready to start operations by December, Cashaa’s spokesperson reportedly said.

Lounges For Crypto Customers At The Bank

Cashaa plans on making available Crypto Lounges in all 22 branches where customers can walk into and get educated about cryptocurrencies along with other banking services.

“The United’s existing branches will be transformed and modernized as Crypto Lounges,” Cashaa described, noting that “Members can walk into any of these branches and get educated about cryptocurrencies along with other banking services.”

Cashaa plans on educating members who visit the lounges about investment opportunities, utilities of bitcoin and other cryptocurrency , how to use and to store crypto etc.

The immediate plan is to open these Crypto Lounges in Delhi, Gujarat, and Rajasthan covering a population of 150 million Indians living in these states.

Account holders with the bank will also be able to use their Cryptocurrencies as collateral to take loans in the bank Just like any other traditional loan given by banks.

THIS IS HUGE

Everything Cardano has been building for the past few years is finally coming to a reality and people will finally be able to stake their ADA for a nice passive income.

Lately, many projects have been seeing massive price gains leading up to their mainnet launch. Cardano having 2 months before the mainnet launch, we can likely see a massive price surge sometime in July. Although, if things are delayed and don’t go as the roadmap states, then it could do just the opposite.

Regardless, everyone is becoming aware of Cardano and there has been a huge incline in daily volume for ADA. If this volume incline continues, we could be close to the biggest gains ADA has had in years.

Coinbase Listing ADA

Not only does Cadano have their Mainnet launch, but also a Coinbase listing on the horizon. Over 2 years ago Coinbase announced their interest for listing ADA, but to this day, they still haven’t.

This leads me to believe that Coinbase is just waiting for the Shelley Mainnet to go live so they can have a better launch week and possibly offer their users staking of ADA within the platform.

A Coinbase listing for ADA might just be the cherry on top that blows the lid off this project.

Demand Sky Rocketing, ADA Supply Dwindling

With news of the Shelley Mainnet and staking on the horizon, many people are stocking up on ADA in anticipation of a huge price surge.

As more and more ADA is bought and taken out of circulation, the supply is constantly shrinking at the same time that demand continues to rise. This scenario makes for the perfect storm.

ADA Price Predictions

With everything finally coming together at the same time as offering staking and getting a Coinbase listing could set this project to new all time high prices. Anything is possible and we’re headed into new territory in the crypto space.

Watch the video below for further price discussion

This is not investment advice. Always do your own research and make your own financial decisions. This article and videos are for entertainment purposes only.

Tokenomics (According to CMC)

Name : Zcash

Ticker : ZEC

Circulating supply : 9,284,444

Total supply : 21,000,000 

Consensus : zk-SNARKs

Proof of Zero Knowledge and zk-SNARKs

Zcash offers Privacy options to its users through the use of Zero knowledge proofs consensus and also the implementation of Zero Knowledge Succinct Non-Interactive Argument of Knowledge (zk-SNARKs). 

The zk-SNARKs allows users to prove possessions of certain info without having to reveal those important information e.g. secret keys.

The Zero knowledge proof allows users (provers) to show or prove to verifiers that a particular statement is true without giving any information other than those necessary to prove the statement. A prover could convince a verifier that there is a number that indeed exists, to prove this point he simply has to give the harsh of this number…this would show that such a random number exists without revealing what it is.

The Zero Knowledge protocol makes it impossible for users to track the transaction history of any user of Zcash, this also makes it impossible for users to reject funds just because they have a suspicion that the funds are illegal.

Transaction Types

Zcash has 2 address partners it offers, they are either Private (Z address pattern) and the Transparent (T address). Each address type starts with those letters as stated.

With Zcash, you have these 4 types of transactions options :

Z to Z transaction (Private)

Z to T transaction (Deshielded)

T to Z transaction (shielded)

T to T transaction ( Public)

When a transaction is conducted between 2 Z addresses, the wallet addresses, amount transacted and the memo filled are all encrypted and not displayed on the blockchain explorer. The transaction will appear on the blockchain explorer and show that fees were paid.These private details can be given out only if the users or owners of this address choose to.

Transactions between 2 T addresses will display on the explorer with full info on address involved and amount transacted just like Bitcoin.

Transactions can also be conducted between the private and public address. Before doing this, check out this.

Use Cases / Features

Below we will go over a few primary features Zcash has to offer

Low transaction fees : Zcash offers fast transactions with fees as low as 0.0001 ZEC. This fast and inexpensive means will allow users to send money or buy goods easily.

Address and Transaction type : With Zcash, you get to decide if you want a particular transaction hidden or made public. It presents users with two wallet addresses : transparent and private or shielded addresses.

Decentralization : Zcash believes that there should be no central control or entity for your investments or finance. The Zcash blockchain is maintained by a wide network of individuals and machines. There isn’t a central authority and as such does not have a killer switch.

Multi-signature feature in the wallet : This is a feature in the wallet that means that transactions could require more than one individual to approve a transaction before funds are sent, this type of transaction is always public and never private.

Team

Electric Coin Company team : This is a group of diverse teams ranging from the likes of scientists and cryptographers etc who are on a mission to empower individuals with economic freedom and opportunities.

Electric Coin Co. (ECC) created Zcash Digital Currency back in 2016, headed by Zooko Wilcox-O’Hearn.

Exchanges

ZEC is listed on a couple of good exchanges.

Binance
Huobi Global
HitBTC
OKEx
DigiFinex
Coinbase Pro
etc.

Conclusion

In a world where a lot of systems are centralized and people’s finances are controlled by some individual or firm, the demand for privacy and decentralization has grown rapidly. Cryptocurrencies such as Zcash offer this decentralization and privacy at a very low cost. So the next time you probably want to make a private transaction you might want to consider Zcash.

They are UK based and operate under the UK regulatory laws, this helps them achieve a lot as a recognized body added to the fact they comply with the European 5th Anti-money laundry directive.

Eco Systems / Products

Electronuem has a wide range of products that make them stand out, in some cases they are first to achieve them. Let’s check them out :

1. Any Task
2. Task School
3. ETN Donate
4. M1 Mobile
5. ETN Everywhere

Those are the ones we will review in this article right now.

ANY TASK : This is a freelance platform where you can sell digital tasks (skills online). Sellers do not need a bank to receive payment or operate on Any task, they also don’t get charged for using the platform.

No bank??, so how do they receive payments for services offered.

Any task has a third party remittance provider that aids a customer to buy or pay for any tasks using the local currency through his credit or debit cards. Sellers of those tasks receive ETN worth the amount of cash that was paid. ETN gotten can then be exchanged to local fiat or used for airtime top etc.

TASK SCHOOL : This is a free multi-language online educational platform set up to help individuals learn different basic skills that would earn them some income.

Skills taught will range from simple (photo editing) to more higher skills like logo branding and design.

Skills/tasks taught in the school will also be those in demand from the Any tasks platform.

ETN DONATE : There are not a handful of crypto projects out there that actually cares about charity. 

ETN does the opposite, through the platform you can donate to NGOs (Non Governmental Organization) selected by the ETN team themselves.

ETN allows this Organization’s own Nodes as validators of the blockchain, ETN gotten as block rewards are then used to finance their charitable initiatives.

Through the ETN platform, you can also donate funds to the Ubuntu Pathways, a non profit organization that supports health, education and provides social support in South Africa. They provide children with everything they deserve – from cradle to career.

Another platform you can donate to through the ETN platform is Wonder Foundation, they work with local partners and projects to provide support to females and help them transform their lives.

You can check out more on the official site.

M1 Mobile : This is an android device developed by the ETN team. You can get it for as low as $80. It comes with 8gb internal space, 1GB Ram, a 4G Lte network and a 1,600 mAh powered battery. More specs on the site.

ETN Everywhere :  ETN Everywhere is a global platform or network that allows businesses that accept ETN as a means of payment to get their business listed on the map, this will allow users around the globe locate business within their community and enable them to locate those merchants. 

Utilities

ETN can be used for mobile Top up and data subscriptions in over 140 countries.

ETN is used within the locality as a means of payments for services. Local entrepreneurs and business are accepting ETN as payments , some of this services are taxi fees, hair cut fees and other small stores too accept ETN.

They plan on making the Token available to be used as payment for  electricity bills this 2020.

Exchanges

Electroneum is listed on a good amount of Exchanges. 

1. BIKI
2. Kucoin
3. Liquid
4. Sistemkoin
5. Houbi
6. HitBTC
7. Bitbns
8. Coinbene etc

There is a lot of projects out there with nice ideas and compatible team, we will be looking into Reviewing them. just let us know what project you think is worth looking out for.

The amount of ETH one should own will depend solely on that person’s personal preference and whether or not they plan to stake ETH.

32 ETH Minimum for Staking

To stake ETH, you will be required to maintain a minimum of 32 ETH to run a validator. Staking Ethereum is said to yield rewards of anywhere from 4.5% to 10.5% and these figures will vary depending on the total amount of ETH you’re staking. The more ETH you stake, the smaller the percent reward gets.

This is to level the playing field and allow those with smaller staking balances to yield a worthwhile reward.

Passive Income Earnings

How much ETH you should hold will highly depend on how much passive income you want to earn from staking. Using an ethereum staking calculator, you can determine the average earnings from how much you wish to stake.

If you stake 1000 ETH, you can expect to earn around 80 ETH for the 1st year. While that is less than $20k right now, by the time you receive those rewards, ETH can be much more valuable.

Watch this video to learn more about how much Ethereum you should hold and future ETH price predictions

High Demand, Low Supply

With Ethereum staking launching soon, demand is steadily increasing to own the minimum 32 ETH that’s required to run a validator. Many people are also increasing their ETH holding stacks in order to earn more passive income once staking is live.

Recently Paul Tudor Jones announced that he has invested in Crypto as a hedge against inflation. This may soon result in a surge of demand for Ethereum and other cryptocurrencies.

The surge in demand of new investors at the same time as Ethereum is launching staking can result in a bull run unlike anything we have seen.

I believe Ethereum will be the best performing digital asset for the next year.

SparkPoint is an innovative project being built in the Philippines that aims to build as much utility as possible for their token, at the same time as creating unique products that can improve the quality of life for their users. They plan to achieve this by applying blockchain techonology and cryptocurrency rewards to their products.

The SparkX Wallet

One key product that SparkPoint has already developed is their SparkX cryptocurrency wallet. This wallet is the first ever non-custodial wallet in the Philippines and has innovative features such as built-in crypto exchange, support for dozens of cryptocurrency coins and tokens and an affiliate program to earn SRK tokens for referring friends.

The SparkPoint team has plans to develop their SparkX wallet into one of the best wallets in the crypto space by constantly adding new features and updates. Plans to add a marketplace (SparkPlace), a gaming platform (SparkPlay) and an e-learning portal (SparkLearn).

Gaming Apps and Platform

Gaming in blockchain is growing rapidly with NFTs and the option to implement cryptocurrency rewards and payments. One of SparkPoint’s main focuses is creating a wide variety of blockchain games with crypto rewards.

They have already launched their first game: Crypto Slicer and are soon to launch their second game: Crypto Burst, with a couple more already in development. The team is currently hosting their second Crypto Slicer tournament with SRK token rewards for top 100 and are close to finishing their SparkPlay platform.

SRK Token Buy Back Program

SparkPoint also recently announced their Buy Back program, which will use revenue earned from in-game ads and IAP (in app purchases) to buy back SRK tokens on the open market. This buy back program is a key feature of the project that will allow steady growth, while being able to reward their users with SRK tokens each month.

Quarterly Token Burn

At the time of creating the SparkPoint project, there was 20 billion SRK tokens in total. By doing quarterly token burns, the team has reduced the total supply of SRK from 20 billion down to 14.5 billion and have plans to further reduce that to 10 billion or less.

Delivery App Created For Philippines

Another very innovative product that SparkPoint has developed is their delivery platform that incorporates blockchain and SRK token rewards. They have already finished 2 apps for this platform that are on the Google Play Store.

By adding crypto rewards to a delivery app, they open the door to many new possibilities that other delivery apps don’t have. For example, they can allow restaurants to offer a discount if paid in SRK tokens or give a bonus of SRK tokens to the delivery driver.

SparkPoint is currently in the process of relocating this delivery platform to a bigger city in the Philippines for better adoption and more partners.

More On The Horizon

With many innovative products in development, SparkPoint isn’t stopping there. They are also working on many other ideas on the back end to give the SRK token as much utility as possible, while growing the project and ecosystem. Recently the team met with a Union Bank representative to discuss a possible partnership in the Philippines.

Very Low Market Cap

With all the features and products already developed by this project, it’s hard to believe the market cap is currently below $200,000. Most crypto projects in the top 100 don’t even have finished products yet and have market cap in the multi-millions. With a market cap this low and a deflationary total supply, I believe this project could move up the ranks in market cap very quickly.

Conclusion

With SparkPoint already having 4 apps released and another being released in a week, it’s hard to believe this project is only around 1 years old. If their second year is as productive as their first year, then I can see this project breaking into the top 100 in market cap very easily. It’s hard to find projects that actually have a good vision and are innovating new products that haven’t been done yet. This is why SparkPoint SRK token is one of my top pick hidden gems in the crypto space.

Learn more about SparkPoint

Website: https://sparkpoint.io/

Twitter: https://twitter.com/sparkpointio

Telegram chat: https://t.me/SparkPointOfficial