Zero Knowledge Proof based Privacy Protection Platform for DApps

 

What's SERO ?

The SERO system is the world's first blockchain platform to support confidential transactions based on Zero-knowledge proof and supports Turing complete smart contracts.

Current decentralized blockchain systems, such as Bitcoin and other public chain systems, have rapidly gained popularity as a valued internet infrastructure. Due to the decentralized nature of a public chain system; the system must reach a consensus on the data flow, and also needs to reach a consensus on the calculations of datasets. In the Bitcoin system, the data includes user-invoked remittance transactions, calculations of transaction verification, and UXTO updates; which require constant tracking of the user's account balance. Other type of blockchain systems, such as Ethereum, uses an account-based model to construct decentralized smart contract system.

The current release of the SERO system solves the above problems. The public chain system has the following outstanding features:
 

NIZK Algorithm Improvement
The engineering of enhancements are based on the contents of publication of Ben-Sassoon, Eli et al., issued in 2014 - ‘Succinct Non-Interactive Zero Knowledge for a von Neumann Architecture’. The algorithm further optimized the encryption process to be applicable
in the setting of blockchain data infrastructure for the distributed network.

Encryption Process Optimization
Targeting the encryption performance issues of Zcash - the transaction often takes 1 to 2 minutes to complete. SERO CHAIN redefines the entire encryption process to reduce transaction time. The resulting performance is over ten times faster than Zcash.


Clear and Easily Expandable Blockchain Structure
SERO CHAIN rebuilt the storage structure of Ethereum; SERO structure uses the method of the combination of historical and conditional states. The design aims to achieve the privacy and security features of the Token circulating on SERO CHAIN. The resulting design offers a greater expansion capability for the entire structure. The complete data block encryption process is clear and concise; Off-chain storage structure is also included.


Support of Turing Complete Privacy Smart Contracts
Through zero-knowledge proofs and homomorphic encryption protocols, the smart contracts on the blockchain supports different modes of Turing complete operation model. DApp developers can freely choose to issue assets with or without privacy protection attributes and the publication or the privacy of calculation details; assets include tokens and tickets that store complex data structures. The privacy-protected assets, using Turing complete online smart contracts allow DApp to issue privacy-protected tokens for different scenarios such as sealed bid auctions.


Smart Contract Involving Multiple Tokens
SERO CHAIN is able to use smart contracts for the issuance and trading of anonymous digital assets and supports the exchange of multiple, differentiated digital assets issued in SERO CHAIN from the same smart contract. SERO CHAIN's smart contracts are able to perform decentralized trading of different digital assets.


Support of Selective Privacy Audit
For complex business applications, users may need a trusted third-party to conduct financial audits of transactions. Users of the SERO ’s ecology are able to make their choices and decide whether to give third-parties the permission to track specific information from the relevant transaction data to facilitate audits.

OVERVIEW OF SERO SOLUTIONS

SERO (Super Zero) is the world's first blockchain system that truly realizes the complete privacy protection of blockchains through non-interactive zero-knowledge proof. Compared to the existing blockchain privacy protection technologies, SERO not only can realize the privacy protection of account and transaction information but also support Turing complete smart contracts. In addition, developers can also create their own encrypted cryptocurrencies supporting smart contracts based on SERO -Chain.
 

SERO re-designed the blockchain structure and various underlying protocols, making Turing complete smart contract for privacy protection come true. Making privacy protection measures available for a wider range of application scenarios, and making the attacks on user’s private data more challenging with the advanced NIZK encryption algorithm. In addition, the upcoming SERO V1.0 release, NIZK encryption algorithm is thoroughly optimized, which greatly reduces the memory resources required and improves the computational efficiency. Compared with the mainstream privacy cryptocurrencies, SERO 's supports of Turing complete smart contracts, privacy protection measures and its related decentralized applications have significantly broadened its use-case scenarios. 

 

The entire integrated solution will consist of a complete set of 3 in 1 suite, where SERO is the first publicly released project and the other two projects positioned as following: ALIEN Protocol: A distributed DNS system that can use existing P2P network interaction information, has the functions of IP automatic switching and dynamic addressing, resists attacker blocking, and enables the entire data transmission network to achieve the ideal stable security. CASTROL Protocol: The anonymous protection of IP addresses can be realized through decentralized network, which can be used to protect the privacy of physical nodes in both centralized and decentralized networks. 

SERO PROTOCOL

Accounts are divided into two categories: user account and contract account. The user account is a 32-byte "selected by the user, the contract account generates a 64-byte "corresponding to the smart contract environment the user installed; both categories are unique and non-repeatable. The user account can generate a 64-byte private key "and a 64-byte public key ", as the user's payment address. When installing or invoking the smart contract, the wallet will generate a temporary address "according to the current condition. The temporary address cannot be associated with the user's private key and public key and will only be used once. When the smart contract is installed, the wallet will change the temporary address to a 64 byte smart contract address (") in accordance with the current condition. As the node receives the address, it needs to ensure that the contract address has not appeared before.

 

 

Assets System

 

User account or smart contract account, has the attribute of managing unlimited variety of assets. With the exception of the settlement of transaction fees using SERO coins, each asset has the same transaction characteristics as SERO coins. Excluding SERO coins, the remaining assets can be generated by a smart contract. Each asset can be given a name of up to 32 byte length (token name) for mnemonic purposes and these names are also not allow to ben reused. The asset type can be specified when the account performs balance queries or transfer operations. 

 

Output Construct

 

 

User account or smart contract account, has the attribute of managing unlimited variety of assets. With the exception of the settlement of transaction fees using SERO coins, each asset has the same transaction characteristics as SERO coins. Excluding SERO coins, the remaining assets can be generated by a smart contract. Each asset can be given a name of up to 32 byte length (token name) for mnemonic purposes and these names are also not allow to ben reused. The asset type can be specified when the account performs balance queries or transfer operations. 

Output Construct

Witness System

SERO protocol uses non-interactive zero knowledge proof (NIZK) and needs to provide witness information of assets source when generating transactions. Each node will verify according to the witness information. SERO uses the Merkle Tree to maintain a witness system that records status changes. The system will provide verification function at the nodes and authentication information at the wallet side.

SERO's Hybrid Model  

SERO applies UTXO and ACCOUNT models together, using UTXO model where CT(Confidential Transactions) are required, and using ACCOUNT model where smart contracts need to be run. SERO seamlessly integrates these two models through trading, consensus, and Pedersen Commitment algorithms, enabling smart contracts to perform surprisingly.

 

FUTURE PLANS

 
Off-Chain Computing and Homomorphic Encryption Smart Contracts The homomorphic encryption of smart contracts has already entered development stage and is planned to be released on SERO platform of version 2.0 in March 2019. The team discovered a method to balance data security (a mechanism that completely isolate sensitive data for the computations) and performance through both on-chain and off-chain computing. The plan aims to finish the work within 6 months. 

 

Wallets and Other Ecological Applications 

SERO's decentralized wallet application is currently under development and is scheduled to be released in March 2019. SERO supports developers to issue tokens themselves, the wallet will support SERO 's own tokens and the management of cryptocurrency assets corresponding to all developers-based tokens issued by SERO . 

Latest Consensus Mechanism
Within one year, the team will release a new consensus mechanism SE-Random in an updated version of SERO . The design will combine the latest PBFT theory and VRF algorithm in the consensus mechanism capable of balance fairness and efficiency. 

 

Privacy Three Swordsmen 

SERO has two related protocols, the Alien Protocol and the Castro Protocol. The former provides a distributed DNS system to obtain the stable operation of the network and information transmission by means of automatic addressing. The latter implements encrypted privacy protection for the IP address of the node, forming a complete decentralized application privacy protection scheme in the 3 in 1 suite.
 

Secure Multiparty Computing
In many cases, data certification must combine with existing centralized data sources and can also become offline data sources. The current strategy to solve the above problems is to assume a trusted service provider or a trusted third-party exists. The risk is high in the changeable and malicious environment. A universal secure multi-party computation solution can resolve the problem. SERO plans to introduce Secure Multi-party Computing (SMC) in the future, in order to provide extensive support of off-chain data under the premise of privacy protection. 

Multi-chain system
The multi-chain system is the SERO ’s scalability solution. SERO will use a mechanism similar to the Ethereum’s Plasma for performance expansion based on multi-chain system, SERO ’s status updates per second can reach extremely high levels (possibly billions). This solution allows SERO to have the capability to replace today’s centralized clusters with better performance, giving SERO the prospect ofhandling privacy-related decentralized applications around the world.

ECONOMIC MODEL

 

The traditional point-to-point communication network focuses on information transmission, a bit like the application of Internet 1.0. Things are open and shared, unlike the disruptive blockchain technology. Because all human behaviors are driven by the economic logic, human behavior in the absence of effective economic norms can only be bound by social norms (i.e. work driven by spiritual incentives of public interest), which lacks the binding needed for individuals to complete the goals together. 

 

Bitcoin network through the POW consensus mechanism and the contribution of using computing power to obtain the bookkeeping rights to obtain the bitcoin rewards to encourage the node
to participate in the consensus is undoubtedly a remarkable design. The token economic model is the core of the value of a blockchain. 

 

However, the question is whether one type of token can solve the incentive problem of every consensus cooperative behaviors? We think the answer is NO. There are various kinds of tokens circulating in the market, and the economic models behind them are varied, but there is the lack of a unified standard that link the cost of consensus with the consensus value generated. Therefore, the secondary market circulation rules of the cryptocurrency system appear quite fragile.  

 

From SERO ’s ecology, the value of all goods and services has a source. The blockchain platform is essentially a fair-valued circulation market circulation. The underlying cost of all economic activities is the transaction cost, and SERO token becomes the carrier of transaction cost. From this perspective, SERO token will be used for the following incentive purposes: 

•Bookkeeping rewards;
•Computational contribution rewards ( more computing power consumption will be required for 

 applications which use privacy mechanisms ); 

•Other roles including operational rewards for algorithm providers (by issuing smart contracts) 

•In SE-Random consensus, possession of SERO 's token could impact some specific scenarios (such 

 as random selection of initial seed nodes); 

•Developers of SERO ecology will get token rewards from SERO based on the actual value of the 

 development and application. The rewards could be given in the forms of subsidize the consensus 

 bookkeeping cost or computational power contribution. 

•Users can use SERO token for various purposes in their DAPP or SERO related ecosystems.  

 

For More Information :

 

Website :https://sero.cash/en/

White Paper:https://sero.cash/en/uploadfile/upload/2019052010565112.pdf

Telegram: https://t.me/SeroOfficial

Medium : https://medium.com/@SERO.CASH

Twitter : https://twitter.com/SEROdotCASH/

Facebook : https://www.facebook.com/SEROProtocol/

 

Authors : Tellysa

Bitcointalk's Profile : https://bitcointalk.org/index.php?action=profile;u=1898514 

WINBIX SALES SYSTEM

 

The WINBIX System (hereinafter – the System) is designed to create a new sales channel that would make it possible for the Seller to sell the products with maximum efficiency and for the Buyer to buy for a reasonable price.

The System operation is based on the Dutch Auction principle, i. e. constant reduction in the product price until the products are sold or until the stop price level is achieved

Advantages

For the Seller
- Extra profit from sell-outs due to uniform distribution of sales along the "price" axis;
- Each item is sold at а currently fair price 

- If necessary, prompt disposal of the stock balance (stocks) by adjusting the price reduction tim

- An option of adjusting the sales volume by changing the “stop price” range;

- Marketing activities – focusing the audience’s attention on priority positions (sale of products not 

  including any “stop prices”);

- Buyer feedback (“price reduction notice” tag) that makes it possible to forecast demand in case of 

  changes in the price lower limit. The Seller will know the number of Buyers ready to purchase the   

  products and the relevant prices for every position. For example, 10 persons are ready to buy a 

  certain pan model for RUB 2,000 while 200 persons can buy it for RUB 1,300.

For the Buyer 

An opportunity to purchase products at the desired price. Even if the products price drops to the “stop price” level and this level is unacceptable, the minimum price will be different at the next bidding stage (either higher or lower). Further, it is not excluded that the products could be attributed to the “sales without stop price” category. To maintain control over the position, it would be necessary to set the tag “send price reduction notice.”

For the System
- content is being updated constantly due to price changes influencing the resource traffic;
- Non-linear price changes draw the Buyer’s attention to each stage of price reduction

Other advantages
- Correlation of the Seller’s costs and quality of services. How can the Buyer influence mala fide 

  sellers  now? Write a bad review and refuse from buying from them, and this is all the feedback you  

  can provide currently. With our System, the Buyer will rate their “satisfaction level” per each 

  transaction, influencing the amount of commission directly paid by the Seller.

- Independent arbitration system: opportunity for the System members to act as arbitrators on
  occurrence of any disputes.

-Consumer/Buyer communication intended to increase the quality of provided services: if necessary,
  the Seller will be able to obtain a detailed assessment of the quality of works.

-Receipt of information from the Buyers about price expectations per each item, including quantitative 
 assessment of such expectations by the Seller: usually, the Seller can only assume what the possible 
 sale volumes could be, while making any discounts. In our case, the Seller will obtain exact figures
 for notice requests at each price level, per each item.

WINBIX token (WBX)

The Project issues its own investment tokens WINBIX (WBX), ERC-20 standard.
Tokens are sold through PreDAICO and DAICO procedures.
The number of issued tokens – 182 500 000 WBX

Allocation of funds

Funds received from the sale of WBX tokens are kept under PreDAICO smart contract, from which funds are allocated to the Project team through the monthly financing procedure (TAP).

The funds are allocated (TAP) in 2 days upon KYC finish (in 17 days upon PreDAICO finish, or in 19 days, if voting takes place and the extension of tokens sales is declined). TAP calculations shall take into account solely the amounts paid by the Buyers who have passed through KYC. Thereafter, TAP allocations shall be made once per month, on the day corresponding to allocation of the first TAP.  

TAP changes can be made by voting. The voting can be initiated solely by the Project team. The change can be approved with consent of 50% of voters plus one vote. Only Buyers of PreDAICO tokens who have passed through KYC procedure shall have the right to vote (tokens obtained due to marketing programmes and purchased in the secondary market do not participate in the voting).

 

The number of votes shall be proportional to the number of tokens on the wallet at the time of voting, but shall not exceed the minimum number of tokens on the wallet over the period from PreDAICO finish and until the time voting. If any token is removed to another wallet (other than PreDAICO token wallet), there will be no right to vote under such token. Voting cannot be initiated more frequently than once per 30 calendar days. The voting term shall constitute 14 calendar days.

 

Token buyback at fixed prices and token destruction

Within 5 years upon the DAICO finish, WBX tokens sold during PreDAICO and DAICO are subject to successive buyback. The buyback price is annually increased by 100% relative to the average DAICO price:

 

 

No limited number of redeemable tokens is stipulated. If during 96 hours no tokens are returned to the smart contract “BUYBACK” (provided that funds are available therein), i.e. no token holders are interested in the exchange thereof at the proposed fixed rate (see the table), the relevant funds shall be reallocated to additional financing under the smart contract “SECURITY”.

 

This rule shall be valid for each credit of funds under the smart contract “BUYBACK”. The redeemable tokens shall be destructed. The buyback and destruction of tokens shall be made using the smart contract “BUYBACK”.The buyback and destruction of tokens shall cease in 5 years upon the DAICO finish

Financial relations of the System participants

Project team
Revenue of the Project team is ensured by involvement thereof in the distribution of operating income under the Project
 

Token holders
Revenue of the token holders is ensured by increase in the fixed price of tokens buyback by the System (+100% per annum during 5 years) and increase in capitalization under the token security smart contract (without capping during 5 years).

Buyers
Involvement thereof in the dispute settlement commissions is remunerated.Further, the Buyer may receive additional remuneration from the Seller for finish (optionally) of a detailed questionnaire explaining the customer satisfaction level. The remuneration amount is determined by the Seller independently, subject to the need in feedback. Sellers
The Sellers pay a commission fee to the System pro rata to the rating (Buyers’ satisfaction ratio).Fee calculation principle: for any effected sale, a commission fee is charged from the Seller in the amount of X% as of the sale value (depending on the sale region, product category). Based on the results of the billing period the average rating per each Seller is calculated and the paid commission (PC) is recalculated according to the following formula: commission fee amount = X-(PC×X)/10. The overpaid commission amount shall be refunded to the Seller’s account. 

 For More Information :

Website        : winbix.io
White paper : https://winbix.io/whitepaper/Whitepaper_en.pdf
Telegram      : https://t.me/winbix_en
ANN             :https://bitcointalk.org/index.php?topic=5130735.msg50559675#msg50559675
Facebook     : https://www.facebook.com/winbix.market

Authors : Tellysa
Bitcointalk's Profile : https://bitcointalk.org/index.php?action=profile;u=1898514 

PARQ Token - A Green, Smart and Connected World

The Parksen Green, Smart and Connected City Platform has the power to revolutioni-ze urban infrastructure industries. To prove our solution works, we are first going to bring the desired and necessary innovation to one of the most outdated industries out there: Parking and Transportation. 

 

Loss of time and Money According to the 2017 The Impact of Parking Pain in the US, UK and German [1] INRIX research paper, drivers have to pay a substantial price (both economically and emotionally) to find themselves available and affordable parking spots. The search itself costs citizens of the U.K. 44 hours (nationwide average) per driver per year. Combined, the yearly costs of all drivers are estimated at $33 billion. Their American counterparts spent 17 hours (nationwide average) per driver per year, which costs US citizens a total of $72.7 billion annually. These amounts get higher still. 

 

When we factor in parking fines and overpaying (ha-ving to pay for extra parking time), drivers in the U.K. pay a whopping $44.2 billion per year while Americans fork over a grand total of $95.7 billion.economic and non-economic impactAside from obvious economical problems, the INRIX research also argues that the non-economic impact of searching for par-king weighs heavily on drivers as well.

 

OUR GLOBAL SOLUTION

Green, SMART & CONNECTED CITY PLATFORM

 

Our platform has been created with the intention of dramatically improving outda-ted and ancient city infrastructures. The aim is to streamline day-to-day activities for anyone who finds themselves in the heart of busy cities. To prove beyond the shadow of a doubt the necessity of our platform, we are going to put it to the test by tackling the problems of the Parking and Transportation industry.  

First, we will revamp and expand our Minimum Viable Product (MVP): the Parksen Parking application. New features will in-clude real-time information on traffic situations, congestion and, most importantly, a guidance system that helps drivers find the closest and most affordable parking spots near them. Further down the road, we’ll offer clear, universal API’s and dashboards for companies, parking garages, municipalities, maintenance workers, emergency services and consumers. By offering everyone the same service, which runs entirely on the Parksen Parking Cloud, we ensure that all included parties can cut out the middleman that drives up their margins, thus guaranteeing reasonable and affordable rates across the board. 

These API’s and dashboards will be connected to a variety of smart city solutions which will focus and rely heavily on IoT integrations and smart car technology. The collection of traffic related data will allow our app and platform to provide our users with a constant stream of accurate and real-time situations in the streets, while local governments and municipalities can use the data to fight congestion on a more.

STAKEHOLDERS AND USERS 

DRIVERS

 

Being the primary end-user of our app, drivers are at the top of our list. We strive to make your parking experience so easy that you barely have to think about it. By offering real-time information on availability and price, you will be able to see in advance where there’s heavy congestion. Thanks to countless future integrations with IoT and smart devices [4] you won’t even have to worry about pressing a “stop” button when you’re finished parking, as it will all be done for you. Forget about over-paying on parking and risking tickets – you can just enjoy the activities of your day and leave the rest to us. 

 

PARKING SPOT OWNERS 

 

Whether you are part of a corporation that rents out parking spots to employees, a parking garage owner, a municipality representative or simply an individual with extra spots: you will be able to manage your available parking spots through our platform by means of an easy dashboard. Add and remove available parking spots whenever you want and use the available data in the dashboard to analyze your busiest and least busy moments of the day. Seeing a big drop in activity during the hours of 2 and 4 PM? Advertise your availability during those hours to optimize your usage and profits. 

 

 

PARKING APP PROVIDERS 

 

One of the very best things about our platform is that it’s globally adoptable and made in such a way that it can be efforTlessly integrated into your own systems. That’s why local parking app providers can integrate their own app, or use a white la-bel version of the Parksen app and enjoy all of our functionalities while customizing its design to their own taste. 

 

 

SOFTWARE / HARDWARE PROVIDERS

In order to create truly green and connected cities, we are looking to replace as many old brownfield appliances with modernized and green replacements. In order to do this, we want to connect pro-viders of such equipment with cities and companies. The goal here is to connect re-levant vendors with city councils, corpora-te institutions and individuals that want to cater to the ever-growing world of smart parking.

 

 

DEVELOPERS & EARLY ADAPTORS

Have you ever seen Steve Balmer’s in-famous “Developers, developers, deve-lopers!” video? Well, not unlike Steve, we absolutely love developers too. That’s why our main API is entirely publicly available
for you to play around with. In an effort to drive adoption of smart city integration, our goal is to break through the skillset inefficiencies of the average developer and general difficulty surrounding API’s by supplying a simplified abstraction layer API in a familiar and easy to use format. Developers familiar with existing RESTful APIs will feel at home using the free SDK’s to interact with the Parksen network.

The API and SDK suite will support the same set of uniform core APIs in nearly all of today’s most popular programming lan-guages. Starting with Python,JS, .NET, C#, Objective-C, Java, Node.Js, Go and PHP.API contributions, integrations with third parties and industry-related decentralized applications will be rewarded through a bounty program. Keep an eye out for updated bounties on our website both during the ICO and after its conclusion.

 

Parksen Features & integrations

REGESTERING & OFFERING PARKING SPOTS
Anyone in possession of a parking spot can use the Parksen platform to make it available for other drivers. Do you have a free spot in front or inside of your apartment building? Rent it out to your fellow commuters! Thanks to our smart contracts you can rent out your spots and earn PARQ Utility Tokens. The Park-sen Platform will claim a commission of 5-10% for facilitating services.
 

LOCATING & MAPPING PARKING SPOTS
If you are the owner of, or know of any unused, parking spots, please let us know! Contributing to our metadata col-lection will directly improve the stability and accuracy of the system. Doing so will earn you PARQ tokens, the amount will be based on the completeness of your information as well as on the number of parking spots you’ve added to our sy-stems.
 

INCORPORATING SMART, IOT & GREEN DEVICES
If you own a garage or simply an individual parking spot and feel like you can make it smarter or greener, our partners are here to help you out. By purchasing supporting equipment, you will directly contribute to cleaner and smarter cities, and, because you do, we will reimburse a part of the price in PARQ tokens after you’ve installed them and added the information to your parking spot profile. Go green!   

THE PARQ TOKEN 

In order to make sure our community and the participating municipalities have the freedom to grow strong and stable, we have decided to issue a total of 1.000.000.000 PARQ utility tokens. After careful consideration we believe that this will allow us to focus on the long-term goals of our platform.By managing our distribution properly, we ensure the potency of our ecosystem as well as the health of our community. With this in mind, during the pre-sale we will accept pur-chases for a minimum of 0.1 ETH. During the public sale there will not be a minimum contribution, we would love to offer even the smallest of investors a fair chance of getting on our platform PARQ tokens can be bought with FIAT currency, Paypal, Credit cards and the following cryptocurrency: ETH, BTC. All purchased PARQ will
be transferred to the wallets of ICO participants after the ICO, KYC and audit have concluded.

PARQ TOKEN FUNCTIONALITY

We are issuing PARQ Utility Tokens for several reasons:

 -to raise funds for the long term-development of our Green, smart & Connected City Platform 

-to serve as go-to payment method within the Parksen app and platform for all stakeholders and end-users.

 

Our PARQ Utility Tokens are ERC20 compatible, built on the Ethereum blockchain and are thus suited for many wallets and, most importantly, for smart contracts. 

 

 

PARQ TOKEN DETAILS

 

 

 PARQ TOKEN DISTRIBUTION AND ALLOCATION

 

Pre-saLe information
A limited amount of people will be invited to participate in the exclusive first round of our ICO. We want to reward early adaptors and enthusiasts accordingly by giving them early access and softer prices. We will make 5% of all tokens available for the pre-sale, which will sell at a 30% discount at $0,07. Minimum contributions during the pre-sale is 0.1 ETH.

The pre-sale will begin on 01–06–2018 and end when the tokens are sold out. The public sale will begin after all pre-sale tokens have been sold.5.2 

 

Public Sale Information

During our public sale we will sell 200.000.000 available PARQ tokens. Investors will be able to buy our tokens against a 20% discount at $0,08. The public sale will run for a full year or until all of the tokens have sold out. All unused tokens at the end of our run will be burned.

 

For More Information :

 

Website   : https://www.parqtoken.com/

Facebook : https://www.facebook.com/PARQtoken/ 

Twitter : https://twitter.com/PARQtoken 

Telegram : https://t.me/parqtoken

 

Authors : Tellysa

Bitcointalk's profile : https://bitcointalk.org/index.php?action=profile;u=1898514 

 

 

 

 

 

PBET – Physical Casino's Players Can Now Play Anywhere, Anytime!!

ABOUT PBET

The PBET project is a unique innovation that addresses the convergence between physical and online gaming while accommodating the generation of synergies between these two channels, thanks to our Unified Gaming Platform' s capability to embed crypto-currency payments.

Our disruptive business model consists of partnering with physical casinos to offer online gaming to highly-valued players for a fraction of the online players’ normal cost of acquisition. Given that casinos know their players well, our offer will further result in a seamless personalized integrated immersive gaming experience across the channels.

Through our special way of combining three pillars; Players, PBET, and Physical casinos we create tailored added-value for each of them taking advantage of synergies generated from this entourage effect.For instance, players and casinos benefit from zero transactional fees, instant payments and the benefit of remaining in the same ecosystem among others.The Omni-channel PBET Reward Club enables partnerships in the hospitality sector, increasing free offerings to players while allowing cross-selling opportunities for casinos and partners.

 

Solving Problems

Casino operator problems

●High cost for small to mid-sized casino operators to penetrate the online gaming arena.
(a)Initial costs are expensive with fixed fee structures;
(b)Monthly minimum fixed fees regardless of performance;
(c)Risky financial investment considering standalone offers and associated overhead.

As described in the above section, online provider offerings to casinos are disconnected from reality when addressing small to mid-size ones: significant investment required up front, minimal monthly fees regardless of real results and management overhead for the online endeavor when using standalone online gaming products. Given this artificial separation between land-based and online operations, casinos don’t capture the benefits from their key major differentiators to succeed in online gaming (players’ trust level, instant and charge-free payments, unified reward system, etc.). Casinos face fierce online gaming competition without beingarmed with their potential competitive advantages.

●Lack of accessibility to i-gaming expertise in the targeted region
In most countries, there is a lack of availability of high expertise resources within the i-gaming sector. Even when specialized resources are available, they are rare and costly. A small to mid-sized casino operator can’t afford to recruit a specialized team nor incur the associated management overhead costs. Through our business model, whichis based on revenue sharing, we provide venues to a turnkey solution and access to a highly experienced team.

●Absence of a unified rewarding system between land-based and online casinos.
A player that has VIP tier level in a land-based casino dislikes losing his advantages and recognition level when registering online, especially when doing so on an online gaming site that shares the same brand as that of the land-based casino. This directly affects the casino’s online gaming performance because their own players’ adoption rate will be weaker. To resolve this issue within Genuina Core, we have designed a number of business rules and developed supporting algorithms to allow casino players to start with the appropriate loyalty tier while maintaining progression depending on their online gaming activities.

 

The Market 

Online Gambling Worldwide

The worldwide global igaming gross win has been continuously increasing since 2003. And it is forecasted to represent € 57.9 B in 2022 according to a joint overview provided by the H2 Gambling Capital and i-Gaming Dashboard. The figures below show the numbers for the 2003-2022 E.6Mobile gaming is to reach approximately 46% of the i-Gaming gross win in 2022 according to this same study.

Other studies, like the one conducted by TMR7evaluates the total revenue generated from online gambling and sports betting at US$ 46.89 bn. by the end of 2016. They forecast a growth over the next 8 years at a CAGR of 10.8% resulting in reaching US$ 96.89 bn. by 2024, more than double the present market size.

Mobile gaming is rapidly expanding, boosted by a high penetration rate of unique users with 68% of the worldwide population having mobile phones and most of them electing for "Smart" ones8. This trend is reflected in the gambling industry with 46% of all i-gaming revenue to stem from mobile channels.

 

 

Genuina Management System

Our product, Genuina

Management System is currently deployed in land-based casinos and allows management of all in-premises operational aspects. Genuina Management system connects gaming machines through industry-protocols (SAS 6.02) allowing the generation of multiple game analysis reports. This product includes modules like financial transaction management, operational management, advanced marketing capabilities, alerts and government reporting as well as multi-currencies and crypto support. Additionally, web and mobile applications empower operators in decision-making thanks to portability and real-time events handling. Genuina Management System is certified by International labs and homologated in countries wherever particular governmental guidelines are specified. 

Benefits for Players:

●Advanced promotional capabilities and Player Tracking system;
●Adaptive and Expandable Reward System Combined with Personalized Marketing Module;
●Enhanced Interactivity between players and casino personnel;
●Capability of adding Fiat money, crypto, redeem points and promotions from the comfort of their seats 

Benefits for Operators:
●Payment Management with full support of transactional methods and mobile cashier stations;
●Comprehensive Casino Management for cages and vaults, slot accounting,financial and cash;
●Proactive Marketing tools with access to real-time data;
●Management module for multiple displays including scheduling, advertising and general announcements features;
●Compliance with country-specific regulations and fiscal guidelines (such as anti-money laundering policies), and provides means to support Operators’ efforts in implementing responsible gaming strategies and protocols to prevent compulsive behaviors. 

 

Genuina Core

GenuinaCore is basically our innovative solution that we call the Omnichannel Brain. Genuina Core can interact with any land-based casino management system. As a matter of fact, we have conceived Genuina Core with specific recipes, know-how and algorithms allowing unleashing full synergetic potentiality between land-based and interactive gaming. This module remedies most of the challenges presented in the previous section regarding the convergence in gaming. Genuina Core isCMS-agnostic. This means that it can grant same synergetic benefits regardless of the Casino Management Systemused by Land-based operators. This gives us access to a wider market when it comes to small to mid-size casinos since we are able to smartly bridge their Land
-based gaming to online without requiring them to change the system they use presently.  

Benefits for Players:
●Same account, for both land-based and online gaming;
●Transactional fees: none for fund transfer and minimal when using crypto payment;
●Recognition of players’ current loyalty club status;
●System-based bonuses and jackpots: mystery and progressive jackpots that can hit on both channels, online and land-based.

Benefits for Operators:
●Cross-channel integration allowing land-based operators to expand customer base beyond their physical boundaries and grab revenues from new online channels while improving player retention.
●Cross-channel unified Business Intelligence and analytics tools as well as specific reports.
●Capability to draw advantage from synergies and Genuina Core without having to change their current casino management system.
●Combined player’s account: money transfer between online and land-based granting control to casino personnel.
●Cross-channels Loyalty programs: your valuable player inside premises has the same recognition and value as in your online site. 

Targeting Crypto-Communities: Our Solution 

Despite the fact that we do offer operators an unparalleled way to expand to the i-gaming space, our offering also targets crypto-based communities that are not necessarily members of physical casinos. When reaching our landing page, the player has the choice of either selecting the version that supports crypto-deposits with conversion to local Fiat money or the fully integrated crypto technology versionas. 

The current bottleneck when it comes to full crypto-basedtechnologies is the availability of games that depend on game content providers. By allowing registration on 2 different versions of the site, we grant players with the best of both worlds: a way to pay using crypto-based currency without exchanging to Fiat on one side and the accessibility to content not yet available in crypto on the other.As mentioned previously we will encourage the use of our proprietary Token, PBET, and facilitate for the Fiat-based community of players, transit to crypto taking full advantage of the decentralized payment system 

PBET at the center of our business model

From a technological perspective and through the support of cryptocurrencies in land-based systems (
Genuina Management System) and online gaming, (Genuina Interactive) we allow for exchangingcrypto far beyond the virtual environment. We do intend to push the benefits of crypto use in physical casinos starting with multi-country operators that suffer the problematics of multi-currency management and time-consuming financial consolidation. It is obvious that such an approach will allow players to move money across countries safely between PBET casinos, therefore gaming without handling physical money (less-secure) or process through junket services that incur fees. 

This niche will be addressed by our sales team given security concerns when handling money across countries which includes high fees charged by junkets. In this project as in any other disruptive technology/business model, one needs to influence others in the ecosystem to adopt added value novelties to every element of the system. Our approach to encourage adoption of blockchain technology and motivate others to adopt PBET is to grant each actor of the ecosystem significant benefits obtained by using PBET. Here is a summary of benefits from different actors’ perspective

Token and Token Sale Information

 Soft Cap = USD 2 Million
Hard Cap = USD 17.5 Million
Regular Price Pbet = USD 0.20 

Token Specifications

Token allocation and use of funds

Tokens allocated for the crowdsalerepresent 70% of all issued Tokens whereas 30 % is kept for team, advisors, founders and bounty. All unsold Tokens during the crowdsale will be burned. 

Restrictions on sales

Through smart contract, all Tokens allocated for public sale that aren’t sold with Pre-ICO and ICO phases will be put aside for burning.Team tokens will be held by the company and released after 6 months from the end of the ICO at a prorated basis over an 18 month period, meaning every month after the 6 month period following the ICO, 1/18 of team member PBET will be remitted to them.Through this strategy we ensure the stability of the token value during the initial growth period of PBET Ltd.

For More Information :

Website         : https://pbet.io 

Whitepaper   : https://pbet.io/documents/pbet-white-paper-2019-1.pdf 

Twitter         : https://twitter.com/Pbet_Project 

Facebook      : https://www.facebook.com/pbetofficial/ 

Telegram       : https://t.me/Pbetcommunity

Authors                     : Tellysa

Bitcointalk's Profile     : https://bitcointalk.org/index.php?action=profile;u=1898514

INZURA - The way of Crytpo Insurance

WHAT IS INZURA

INZURA is the world's first ever insurance token that is built with best in class protocol implemented to protect the crypto asset. INZURA is the world's first crypto insurance where you can claim your loss of cryptocurrencies with INZURA token. With best protocol implemented, INZURA made it possible to give best in class protection for your cryptocurrencies.

INZURA not only protects your cryptocurrency, but also gives protection to ongoing ICOs and so there will be no fear of scamming and losing your valuable money.

PROBLEM AND SOLUTION TO CRYPTO MARKET

"HACK" and "SCAM" are the most known words in the crypto space. Crypto market has gone through lots and lots of hacks and scams over the past years. There are few hacks that have shook the crypto market down to its very core. Scamming and hacking most often happen in this crypto space and there is certain restriction to prevent scam and hacking, but there is no solution to stolen or lost cryptocurrencies. INZURA is here for the solution to these problems in crypto space.

Inzura offers premium with the IZA token. Once the Inzura platform is live, users can able to purchase the premiums with the IZA token they hold. The scalability of the premium value can be set by the Inzura users.

OUR SERVICES & GOAL

- Protect your Crypto asset
- ICO Investment protection
- Increase institutional investors

USE CASE

For instance: Steve purchased a premium for 1000 IZA token with a premium set for certain period of time. In the meantime, his asset in the registered exchange with Inzura platform is hacked and permanently lost and it is officially press released by the exchange regarding the hack, in which the premium covers the exchange that is hacked. In this case, if the lost crypto worth is $5000, Steve can submit the claim worth of $5000 with premium purchased of 1000 IZA token. The price of the IZA token is calculated with FAP.

The Fixed Audited Price (FAP) of IZA will be $1 and the claim leverage will be 5 times the Fixed Audited Price value at the time of claimant.

POTENTIAL BENEFITS

Inzura gives the crypto market a potential to welcome new users and institutional members. Since Inzura protects most valuable crypto asset, more and more new users will start to use cryptocurrency without fear of losing their crypto asset. Inzura premium is designed in such a way that user's benefit is the primary task and to serve best in class and protect their asset.

Inzura provides their users with special premium renewal benefits. Unlike traditional insurance method, where institutions completely takes insurance amount from user's premium after expiration of premium validity, Inzura is built clearly to benefit users, where when premium expires, 50% of the token is refunded to user's wallet, and when a new premium is purchased within 4 days of last premium expiration, users get 20% extra token of their last premium.

INZURA TIMELINE

TOKEN SALE AND DETAILS

Inzura is an ERC20 token which serves as an insurance token for your crypto asset. Inzura takes the crypto space to next level the way people see cryptocurrency. Inzura provides protection to your crypto asset by insuring your crypto asset like never before. Inzura is the world first token which serves as crypto insurance where you can cliam the lost/hacked/scammed cryptocurrency.

CONCLUSION

Inzura constitutes the world's first cryptocurrency based insurance. Inzura is based on Ethereum blockchain, which is one of the most reliable and secure blockchains and public ledger that is in existence. The value of Inzura is purely based on Fixed Audited Price (FAP) value making it independent of market forces. The team is composed of well experienced blockchain experts from blockchain ecosystem.

OUR TEAM

FOR MORE INFORMATION

WEBSITE : https://www.inzura.world/#/home

FACEBOOK : https://www.facebook.com/InzuraOfficial

TWITTER : https://twitter.com/InzuraOfficial

TELEGRAM : https://t.me/inzuraofficial

REDDIT : https://www.reddit.com/user/inzura_world/

ANN : https://bitcointalk.org/index.php?topic=5106098.0

MEDIUM : https://medium.com/@inzura.world

WHITEPAPER : https://www.inzura.world/static/media/Inzura%20Whitepaper%20v1.2.2.fe2b638e.pdf

PrepayWay, The New Paradigm of International Business

What is PrepayWay?

PrepayWay is a blockchain ecosystem that simplifies and streamlines international collaboration, contracting, and payments for companies across multiple industries. PrepayWay is an all-in-one solution for international contracting, financing, payments, and dispute resolution.

How It Works

PrepayWay solves the problem of navigating foreign agreements by providing valid and enforceable country-specific agreement templates developed by our trusted local lawyers and notaries in different countries. Our simple and user-friendly interface provides detailed explanations of terms and conditions, unusual clauses alerts, and suggestions. Both agreement templates and instructions are provided in multiple languages.

PrepayWay also solves the trust issue. The terms and conditions of reservation agreements are coded in smart contracts, and both the text of the agreement and the smart contract are recorded on the blockchain. After the smart contract is activated with the payment of InBit tokens, it verifies and controls the fulfillment of contractual obligations and automatically releases the earnest money deposit only when the agreement conditions are met.

PrepayWay resolves the issues of cumbersome payment methods and security of earnest money deposits. PrepayWay fees for smart contract activation, earnest money deposits, and real estate agency fees are payable in either fiat (through a network of licensed escrow partners) or digital currency.

How PrepayWay Blockchain Ecosystem Works

The PrepayWay Blockchain Ecosystem has been designed to be self-expanding and effortlessly scalable to support all types of international business operations, ranging from real estate to global commercial trade, with market size of up to 15 trillion.

Detailed Description of the Core Ecosystem Elements

• Legal Contract Templates. PrepayWay provides standardized yet customizable legal and enforceable contract templates prepared by legal experts and translated into multiple languages. Instead of employing lawyers and translators and spending significant amounts of time and money preparing contracts and writing up terms and conditions, trade-related contracts can be easily created and signed on our online platform, recorded on the blockchain, and easily referenced along with other transaction details.

• Smart Contracts. Once signed, the agreement is saved in three formats: a signed and encrypted document, data in the database, and smart contract variables. The terms and conditions of the contract are coded in a smart contract – a self-executing set of codes that contains electronic clauses that trigger processes according to the contract’s terms and conditions.

• Payments. PrepayWay offers integrated payment solutions for transactions in both digital and fiat currencies powered by licensed escrow partners.

• Digital Currency Transaction. The buyer of a product or service deposits the appropriate amount of InBit tokens into the smart contract, where the tokens are held until the other party uploads proof of fulfillment of the contractual conditions. At that point, the smart contract will trigger the release of the tokens to the receiver.

• Fiat Currency Transaction. Once the contract is activated, the buyer of the product or service transfers the contractual amount to the PrepayWay’s partner escrow account.

• Smart Dispute Resolution. PrepayWay offers an intelligent system for alternative dispute resolution (ADR) services for international business disputes. Any smart contract can use the SmartArb mediation and arbitration clause in code form to add a layer of security to any smart contract to ensure that disputes will be resolved quickly and fairly.

PrepayWay Blockchain Ecosystem

Business Model, The PrepayWay Ecosystem’s P2P business model provides the environment and payment methods to facilitate matchmaking between businesses and individuals offering a service and those who wish to use that service, simultaneously generating value by charging a small commission.

Benefits for Participants, Both businesses and private users of the Ecosystem benefit from business process optimization, reduced costs, and a safer business environment. 

Efficiency, Blockchain technology reduces the need for intermediaries, thereby reducing costs and speeding up transactions.

Versatility, Transactions in both fiat and digital currency are supported.

Transparency, All transaction data are recorded on the blockchain to ensure accuracy, consistency, and transparency.

Security, Data immutability on the blockchain in combination with self-executing smart contracts minimizes the risk of data tampering and fraud.

Efficient dispute resolution, Professional dispute resolution services developed for smart contracts deliver arbitral judgments judicially enforceable in 159 countries.

InBit Token

The InBit token is a utility token and the lifeblood of the PrepayWay Blockchain Ecosystem. The only mechanism by which a user may obtain access to the Ecosystem’s services, it is required to activate each PrepayWay smart contract and to access Elleeo financing platform and SmartArb dispute resolution services. The number of InBit tokens required to access each of the various.

Ecosystem services is determined by the following factors :

■ the running exchange rate of the InBit token to the currency of the transaction

■ the contract price (either the total price or the deposit amount, depending on the type of contract)

■ a fixed percentage of the contract price charged as a fee for using PrepayWay Blockchain Ecosystem.

Co-founders of  PrepayWay

PrepayWay team consists of seasoned IT, legal, and business experts.

Advisors

Together with our advisors, acknowledged leaders in their fields, we are developing PrepayWay Blockchain Ecosystem based on three main pillars: commercial transactions, legal, and technology.

"The PrepayWay Real Estate combines all of the core elements of the PrepayWay Blockchain Ecosystem to make the real estate reservation process time- and cost-efficient, transparent, and secure."

FOR MORE INFORMATION
WEBSITE : https://prepayway.com/
FACEBOOK : https://www.facebook.com/PrepayWay/
INSTAGRAM : https://www.instagram.com/prepayway/
TWITTER : https://twitter.com/PrepayWay
WHITEPAPER : https://prepayway.com/PrepayWay_Blockchain_Ecosystem_Whitepaper_EN.pdf
TELEGRAM : https://telegram.me/prepaywaychat
WEIBO : https://www.weibo.com/prepayway
MEDIUM : https://medium.com/@prepayway
LINKEDIN : https://www.linkedin.com/company/prepayway/
AUTHORS : Tellysa
BITCOINTALK'S PROFILE : https://bitcointalk.org/index.php?action=profile;u=1898514