Latest News

Combining Technologies the IoC Way

23 Feb 2017 / Dotrego

The blockchain and cryptocurrency scene is hot right now. It looks like everyone wants a piece of it, and there are a plethora of new experiments and technologies popping up all over the scene. Some people have only just discovered Bitcoin, its possibilities and potential applications. Other people have gone further to explore technologies like Bitshares, CounterParty or Waves and have been playing with the various token systems and smart contracts that are available on these platforms.

There are initiatives to make blockchain technology easier to use. These take the form of online wallets and block explorers, while going deeper one finds entire contract compilation systems implemented into easy-to-use websites. Enthousiastic users of cryptocurrency are also trying out decentralized exchanges like EtherDelta, the NXT Asset Exchange, or playing around with Mosaics on the New Economy Movement platform.

However, in all the activity and clamour, users are still pining for an environment that brings all these initiatives together in an understandable and secure way. Internet of Coins (IoC) want to create this place without a for-profit motive, guaranteeing objectivity, equality and freedom of development and use of all the novel peer-to-peer financial technologies. They also want it to be an environment that people with no technological experience can use, and feel comfortable with.

Internet of Coins is geared to being such an environment, and its development has been underway for some time now. The foundations for a decentralized financial web have been set down at its core, and its mission and objective is to make sure all the different platforms, ecosystems and technologies that are out there become accessible to anyone and everyone.

To boost development of its easy-to-use hybrid asset technology, and make it available sooner, Internet of Coins is organizing a crowdfund to ensure further integration of blockchain finance technologies. As a perk to invite people to start using the environment they are giving out hybrid tokens that run on multiple blockchains simultaneously, merging their innovations and technological power.

Hybrid is a unique token, as it functions as a diversification portfolio of multiple blockchain technologies, and spreads risk of failure of any one of these systems. At the same time it facilitates decentralized trade on all the underlying platforms and has a focus on creating liquidity. This kind of experiment has not been done before in the blockchain arena, and is sure to bring about new cross-blockchain ideas and experiments.

So where is this all going? They are sailing for a new horizon, where anyone can use blockchain technology, crypto tokens and deterministic transactions, without having to explicitly think about how to do it. Using advanced distributed ledger technology should be available for everyone, whether it's you, me, your parents or grandparents. It should be as easy as sending an e-mail. And seeing the developments at Internet of Coins, that's where it looks to be going.

Internet of Coins: Project Update #3: Freedom

23 Feb 2017 / Dotrego

Aside from our email updates, from time to time we will place an update on the weblog here as well. Not on our mailinglist yet? Be sure to leave your contact details and be the first to know about our development and campaign updates.


 Welcome!

If this is your first e-mail update, you can always read the previous ones at our weblog. And remember: the fundraiser starts March 21st. We send these updates once per week.


 Topic of this week: foundation goals

Someone recently asked us why we were actually pursuing an initiative in fintech, as the market is booming and new startups with global ideas arise every week. Here´s actually the thing: we don´t consider Internet of Coins a financial venture.
Granted, with building a connection between different value systems for asset management we are facilitating the use of financial networks. But it is the technological advancement in personal freedom we are aiming for. The freedom to use any cryptocurrency or asset you like, the freedom to issue your own assets, and the freedom of not having to worry about a centralized third party holding your valuables. We call this social tech. Which is why we are working with a Greenpeace hackathon winner, a Free Press Unlimited developer, a public administrator, open-source hardliners and a development worker on the team. We want to keep our eyes fixed on our goal, which is in the line of ethics and not profits.


 Development evolution

This afternoon we had a session with Hans Schaaij, coordinator of a Dutch initiative to build self-sustainable ecovillages. The residents of these ecovillages are the first group of users to test the routing and allocation of our network. After these tests, we will scale up testing by inviting community developers for a public alpha. One of the first lessons Hans gave us: provide big icons in the mobile UI for the elderly. Making things easier is very much about being inclusive. That's what we won't forget Hans :-)


 Campaign growth

Our site is now available in Dutch and German!
Next week, we are presenting the project at the Dutch event Bitcoin Wednesday. If you are around, we welcome you to have a chat with us. At Bitcointalk we also held a banner contest, the results of which you may find among different news outlets. We thank all participants for their creativity.


 Latest publications

Joachim recently touched upon the inner workings of the hybrid token system in a recent article picked up by NewsBTC. Currently we write multiple articles every week to showcase all the aspects of the system before the crowdfund starts. Still, if anything about the project is unclear, just ask. We aim for transparency.


 Ways to support

Like the project? You can help out by giving it a *Star* through your Twitter account on Cyber Fund. If you have a suggestion for a blockchain event where we really should be, drop us an email and we´ll try to come by.


Thank you for taking the time to read our updates,
we´ll be in touch again next week!


Yours sincerely,

The team behind Internet of Coins - Amadeus, George, Jelle, Joachim, Marjon, Matthias, Pim, Robert, Sergey and Steffen

 

Internet of Coins: Project Update #2: Trust, languages and wallets

16 Feb 2017 / Dotrego

 Welcome!

If this is your first e-mail update, you can always read the previous ones at our weblog. And remember: the fundraiser starts March 21st. We send these updates once per week.


 Topic of this week: trust

With Internet of Coins (IoC) we aim to create a trustless environment in which the security of your value transfer is not dependent on the assumption that you are to trust the person on the other side of the network willing to trade. However, the fundraiser, which we are organizing to scale this project, does require trust. And for that, you sometimes may like a third party to review your options. Which is why we are currently under assessment by rating agencies Smith & Crown and ICOrating. Internet of Coins is are already listed at Cyber Fund. Through our cooperation with established escrow partner NLnet, we aim to provide a solid basis for long-term continuity. Their 20-year experience as an organisation supporting open-source initiatives has been a great help. But of course don´t believe just us; perform your own critical assessment. Especially before participating in any crowdfund.


 Development evolution

Our alphatest is almost ready for deployment. Amadeus has worked hard to build the interface for the hardware wallets we are providing to the testers; mainstream users who have asked for a pilot to use cryptocurrencies as a replacement for fiat currency within their community. We have had some requests for a Slack channel, and will set up one to keep in touch with the development community. We usually steer clear of proprietary software, but in this case we´ll make an exception ;-)


 Campaign growth

We are multilingual! A team of community translators joined us from Bitcointalk.org who are now translating all our announcements to Chinese, Dutch, German, French, Greek, Indonesian, Italian, Japanese, Polish, Portuguese, Russian and Spanish. Including these e-mail updates, so you can always find one in a language of your choice on the boards. Site translations are in the works, expect to see new language options next week. We will also start recruiting some social media ambassadors.


 Latest publications

Tatiana Moroz from CryptoMediaHub interviewed Joachim on her show about Internet of Coins. It is a very good introduction to what the network has to offer and what technologies we are using. You can view the interview here.

Currently we are also working on the Funding Terms, to make sure they are available for everyone before the fundraiser starts.


 Ways to support

Love the project? You can help out by giving it a *Star* through your Twitter account on Cyber Fund. If you have a suggestion for a blockchain event where we really should be, drop us an email and we´ll try to come by.


Thank you for taking the time to read our updates,
we´ll be in touch again next week!


Yours sincerely,

The team behind Internet of Coins - Amadeus, George, Jelle, Joachim, Marjon, Matthias, Pim, Robert, Sergey and Steffen

 

Internet of Coins: Project Update #1

07 Feb 2017 / Dotrego

 Welcome!

To our first e-mail update for the Internet of Coins project. In light of our upcoming fundraiser, we would like explain to you what to expect. Because we aim to be transparent in our communication: if you already frequently visit our Bitcointalk forum thread, read our weblog, watch our vlogs, read our opinion pieces and comb through our tweets, you won't miss out on a thing. If you don't, these e-mails will provide a nice packaged bundle of information regarding the progress of the Internet of Coins project and the latest updates regarding the upcoming fundraiser, starting March 21st. We will update you once per week.


 Quick recap: what IS Internet of Coins?

Internet of Coins (IoC) is a platform which allows you to trade digital assets and currencies peer to peer, with an easy to use interface and the opportunity to earn fees from each other by participating in the network. Under the hood, we have been building the client to support the different currency systems for the past two years. The first deliverable is the wallet to control them, arriving this summer. It supports Bitcoin, Ethereum, NXT, Counterparty and LISK out of the box. 


 Development evolution

Next week, we are starting developer vlogs to keep everyone update on the parts under the hood. The biggest update right now is that the LISK chain has been stabilized and interacts properly with the wallet API. Many thanks to LISKs Max Kordek for his support on this. We are in the process of finishing up the alpha to ship it to our test group in the Netherlands. You can find our published code here.


 Campaign growth

Last week we were featured as keynote speakers at the Blockchain Expo London. We'll be uploading the video to our youtube channel. In the meantime, several additional crowdfunding listing sites have contacted us for interviews. Currently, we are listed at Cyber Fund, and expect to be popping up on more places across the web soon. Translations are being set up, so people can view the site and the client in their local language. We welcome Marjon, our new Translation Coordinator for this.


 Latest publications

Joachim recently wrote an article about our foundations philosophy, which gives an impression of our line of thought with the foundation. Fun fact: the guys at Matthias Klees' Federated Blockchain Initiative already made a nice shoutout in their latest animation about EuropeCoin, one of many tokens that will connect to the Internet of Coins.


 Ways to support

Love the project? You can help out by giving it a *Star* through your Twitter account on Cyber Fund. We are setting up bounties for our social media ambassadors as well. More on those next time. 


Thank you for taking the time to read our updates,
we´ll be in touch again next week!


Yours sincerely,

The team behind Internet of Coins - Amadeus, George, Jelle, Joachim, Marjon, Matthias, Pim, Robert, Sergey and Steffen

 

Reflection on Where We Are Taking Blockchain Finance

02 Feb 2017 / admin

During the inception of decentralized, blockchain driven ledgers, many developers in the early blockchain scene had a clear vision in mind. Reading through the messages in the forums back in the day it was evident collaborative developments were driven by a personal vision for freedom and change in finance. Not by greed, coercion, or lust for power. Rather, for most crypto enthousiasts, it was as if all shared an unwritten conviction, or invisible manifesto. It held a common dream to unite for a better financial world. A future in which not just money, but benevolence, brotherhood and kindness would play the headlines. 

However, as the characteristics of money and what it ethically entangles entered the play, it did not take long for those early passionate minds full of ideals to succumb to the promises, expectancies and enticements of wealth. Venture capitalist money started flowing, with projects being funded based on their face-value merits. The young cryptocurrency markets started making wild swings in which the intelligence of but a few could fleece the masses of their small stashes of blockchain-stored value.

Throughout these changes the kindred spirits were not entirely erased from the scene, but their once vibrant voices were now largely being drowned out by corporate and political sweeps for competitive power. They hammered down solid pillars in this pristine land of ideology, upon which sharp, perceptive vultures can perch to lay claim to their next spoil.

The prospect of a blade-runner style world becomes more realistic, as now also governmental organizations are closing in on the blockchain phenomena, aiming for a tight grip of regulation and control. Beyond the view of the technical developer enthousiasts, they forge the iron gears of our destination with systematic diligence.

Perhaps taking some time for reflection would be prudent. Where do we want the blockchain industry to go from here? How are we going to help out through positive action? What ideals have we given up in this theatrical game with all its loud players? Which ashes have we gained for trees, and how may we identify the ramifications of our developmental actions for the future of not only our personal finance, but also the future of other people? The growing Internet of Value scene is a place to tread boldly, yet also carefully, because what we do doesn't only concern ourselves. If we don't develop and do business with open eyes and open hearts, the world of money and value will see yet another uninspiring era full of Groundhog Days.

So where are our manifesto's and convictions now? It is my hope we may find the strength and dedication in this to work together for freedom and positive change. Collaborating with eachother instead of merely competing. Guarding ourselves against corruption. To break barriers in finance to the advantage of all, and not just a few, making our daily lives and actions more benevolent and our Internet a better place to be.



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