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Tag: contentmarketing

A Complete System Within A Markethive Group – Very Powerful

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A Complete System Within A Markethive Group – Very Powerful

What makes Markethive Groups So Unique? 

Markethive Groups are somewhat similar to Facebook groups but can also be considered a self-replication system for capture pages, customized PDFs, video exchanges, training, autoresponder options, survey sites and capture forms customized exclusively for every member of the group. This is extremely powerful. 

Integrated into Markethive Groups are the Capture Pages, Autoresponders with 98% deliverability, Blogcasting and a Blogging Platform where Blogs and Articles are easier to produce and more effective, integrated with Markethive SNAP Plugins creating incredible reach to potentially billions across the social media and blogging platforms achieving real SEO results. Also, Co-Op Marketing, and URL Rotators. This creates traction thereby yielding better results.


 

 

Let’s Start With Capture Pages…

Capture pages also known as funnel pages is an industry all to itself and there are literally 1000s of Capture page gurus and 100s of companies selling their capture page systems to you. But in all this, I see a glaring problem and that is the human nature to complicate a simple solution.

The solution is the simplicity of the system and the simplicity of the message. Markethive gives you very simple responsive capture pages. Our capture widgets gather all the data for your signups via Oauth which means they choose one of their current social networks and click on it and the signup process is completed. One-click. Done!

We also offer calendar-based capture pages, video embedded options, default videos or your selection. Our Thumbnails are Markethive’s simplest one-page capture page and our Capture pages do allow you to build complex websites, although we do not recommend you do, many of our subscribers appreciate the option.

We even build capture pages for other opportunity companies and are constantly adding new designs into the system. The entire capture page system is included in the free platform and other capture page services out there charge up to $200 per month for similar systems.

 

Co-Op Marketing

You can facilitate large scale Cooperative Advertising. Manage sophisticated marketing campaigns funded by group contributions to Ad Co-ops. Cooperative marketing by teams of people allows your group to engage in advertising at a level that far exceeds what individual team members can do on their own. There is a natural limit to what any one person can do alone, but by working together with a larger group larger advertising opportunities come into reach.

The concept of Ad Co-op's is simple. A group of people gets together to fund an advertising campaign and each contributes a certain amount to fund it. Some may have more money to invest than others. Once the funding goal is met and advertising is launched, the business it generates is then equitably distributed back to each person based on the amount they contributed.

This tool allows you to track the contributions by your group to the Advertising Co-op's you are managing as well as the advertising costs that offset them. Once you have funded a co-op and are ready to launch it, the system will automatically calculate the appropriate number of shares each member should be assigned and will apply that to the Lead Capture Page of your choice or else a Website Rotator which you can use with your own domain or websites.

Remember, this service is available to free members. Or you can share in Markethive’s million-dollar Ad Campaigns with an Entrepreneur Upgrade of $100/mth inclusive. 

 

ecosystem for entrepreneurs

 

The URL Rotator Feature

This is Traffic flow management through website rotation. You can control the distribution of traffic, customers, and leads to multiple destinations. The Website Rotator tool allows you to configure a unique URL that will then rotate and display a list of other websites you define. You can use it to transfer traffic from one of your sites to several others. Or if you work with a team of people, the entire Group can promote a single URL which will then automatically distribute the traffic to each member's individual website.

You can add an unlimited number of websites to each rotator. There are 2 different rotation types. Circular will simply rotate through each website, one by one. Shared Ratio allows you to weight certain URLs so they receive a certain number of visits before the rotation continues. So you have a URL Rotator,  able to Customize Campaigns and designate to Groups. This is totally unlimited and can be tracked through Markethive’s Tracking Reports.

 

Tiny URL Converter – BONUS! 

Convert long URLs in to short ones, for simplified posting, emailing, tweeting, etc. The Tiny URL tool lets you convert a long URL into a nice short URL, making it much easier to use in social posts, email, as well as take up fewer characters in your tweets when using Twitter. But beyond creating a friendlier URL, the system will also track visitor statistics for you – making it the perfect tool to evaluate your promotional results, better understand what your target audience is interested in, and optimize your social, email, and other marketing campaigns.

You can even use the Tiny URL tool in combination with the Website Rotator tool to result in a tidy little URL that automatically rotates to the websites you define. Very powerful, particularly for teams working together to promote a single URL.

 

The Next Level In The Works 

As we are developing Markethive’s Super Groups that are next level, this is your Unfair Advantage in marketing.  You can use the Markethive tools, to build an exclusive secure suite of tools available to your organization only.  Customized and duplicating capture pages, an Integrated duplicated signup application plugged into your MLM company, customized and personalized PDF documents, coop ad campaigns, targeted lead distributions, live event systems, and membership activity management, also award assignments, enhanced by the monetization with the necessary API’s and all included in the interface of the landing page. 

Stay tuned for updates on the development of the different facets of the Super Group and implementation. Your team will expand with lightning speed due to the intuitive duplicative power and viral nature of this system.

 

WE ARE ALL ENTREPRENEURS 

Reid Hoffman is quoted saying 

“An entrepreneur is someone who jumps off a cliff, and builds a plane on his way down.” I get it, do you?

All the features mentioned above have huge benefits and a small but integral part of Markethive’s Ecosystem for free members. There will be so much more as we roll out our official launch. A major benefit is that it is incorporated into a transparent blockchain system, the platform is completely decentralized delivering on Markethive’s principles of privacy, transparency, and free speech.

Markethive does not spy on you; shadowban you, or terminate your account, for any reason

We are all entrepreneurs, and we know the future can have the greatest potential for those who take command of their dreams.

Markethive is Not Just About IDEAS. It’s About Making Ideas HAPPEN!

 

 

ecosystem for entrepreneurs

David Ogden

Entrepreneur at Markeyhive

Telegram @davidogden

 

David https://markethive.com/david-ogden

Ethical Technology – A Real Opportunity

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Ethical Technology – A Real Opportunity

Incentivized Social Media & Marketing Platforms

2019 will be the springboard into new more ethical technologies in the years to come. Last year we saw the demise of many ICOs and outright crypto scams. We’ve also seen how users of huge Tech companies are extremely disgruntled and are challenging the way the conglomerates are using their data, manipulating the behavior of users, building AI, joining forces with certain government agencies. The community is now seeking a more humane and advanced technology as they demand ethical consideration. This has given rise to new business models that are not reliant on harvesting or advertising. 

 

What Is Incentivized Social Media?

As it stands now, incentivized Social Media is recognized as blogging platforms mainly, like Steemit and Yours.org. Steemit being the market leader, pays its users to contribute by writing or curating content, as opposed to Facebook and Twitter which harvest user’s data. In the case of Yours.org, the community pays to view the articles that are posted by the writer. This can range from $0.10 to a few dollars depending on how much the writer believes the readers will be willing to pay to view it. Both Yours and Steemit have an upvoting system that also pays. Yours pays in BCH. Steemit in their three native digital currencies: SteemPower, Steem Dollars, and Steem, which can then be converted into BTC or other cryptos on 3rd party exchanges. 

 

But what about the-not-so savvy or avid Writer or Blogger? 

Is there anywhere on Social Media where they can earn for their efforts and time? What about the marketer? Instead of paying to advertise their product, is there somewhere they can go where they get rewarded for their marketing efforts? What about the complete Newbie? Is there a place where they can learn how to market, curate, and learn the fundamentals of the platform while getting paid to do so? 

Blockchain Technology and the cryptocurrency sphere have enabled businesses to align themselves with the users’ need to be in control of their data and how they use their time to monetize their efforts. There is one launching in 2019, with their mandate being the rise of the entrepreneur and the fall of the tyrannies that plague society. Created by a visionary who saw this coming and much needed to empower social media users, create equality and universal income to enrich society on the whole on every level. 

 

Introducing Markethive: The Social Market Network

Markethive has been in beta for 4 years with a successful history as an inbound marketing platform for around 20 years. Markethive’s decision to convert to the blockchain was multiple reasons. 

  • To create their own asset coin as an instrument to their ecosystem for entrepreneurs. 

  • As a blockchain system to guarantee and deliver a secure system to each subscriber. 

  • To offer security to assure members they own and control their data, Markethive doesn’t. 

  • To ensure nothing like banning, shadow banning and political agendas ever control the network. Only blockchain offers this solution.

Markethive is a social network, but as a next-generation, they are not just another social network launching on the blockchain, but as a market network. This means they are secure, private and decentralized, delivering to you a social network integrated into a state of the art Inbound Marketing platform, a growing selection of commerce platforms and another growing sector of revenue generators called traffic portals. 

Markethive is also a highly competitive Market Media and Content Publisher offering Press Releases and Sponsored Articles at a negligible cost and with a reach well beyond existing social and market networks. After comparing 480 other news media sites with regards to their social reach and followers and Alexa ranking, Markethive sits at Number 8 with an Alexa ranking of 24,445 at the time of writing. This continues to drop daily as subscribers flock to join the Markethive network. 

The News Feed being nearly identical to other well-known feeds is easy to use. But unlike the others, Markethive has replaced Likes with Tips, tips that allow you the option to give your friends a small token or coin of appreciation. Your News Feed is 100% responsive to any device; therefore your device web browser is all that is needed. Saving your phone disk space and assuring you greater security and privacy. As far as the algorithms on the platform? You determine and orchestrate your algorithms. Not Markethive.

So Markethive will establish their niche as the only social (Market) Network that has an infinity Airdrop and a system that rewards the users for using it with additional micropayments called a faucet.

FAUCET:

The Markethive platform pays you micropayments of Markethive coin, similar to faucets. After you have 3+ people subscribed into the free Markethive Network via your profile page, the faucet, micropayment system activates and from there on, all activity within the system pays you small but consistent coinage to your wallet daily. Being the entire system runs on Markethive coin, you can expect the volume demand and increased velocity of the coin to also drive coin value accordingly. This is one of the main reasons Markethive refers to their system as being a legitimate alternative to universal income, one based on ethics and integrity, not government-mandated theft and graft.

PAID TO LEARN:

Markethive is truly dedicated to your education, success, and sovereignty. This is why they have made the Inbound Marketing Platform free (Compared to Marketo that costs as much as $25k per month), they pay you up to 500 coins just for joining, pay you micropayments just for using the system after you have qualified by signing up 3 new subscribers (similar to faucet systems that pay out micro amounts of Bitcoin), and Markethive also pay you for taking the tutorials (no qualifications required, just a Markethive Wallet and each lesson you complete you receive an accolade on your profile and coin in your wallet). How cool is that?

 

MHV On Exchanges

Notably, the Markethive Coin [MHV] was listed on its first of many public exchanges in March 2019 at 1 penny or $0.01. It is now valued at $0.25 USD at the time of writing this. This is prior to Markethive launching its own exchange in the very near future. The coin is classed as a Consumer coin used by the members of Markethive internally. 

The Consumer coin, MHV, is being utilized within the Markethive exchange by way of airdrops and the faucet system which rewards associates using the platform, so the coin is used within the commerce of the system thus creating the velocity. The Revenue is a vehicle that is used to buy the Markethive coin back in the free market so it can be redistributed into the economic vortex of the system.

The Markethive coin will not be dependent upon speculative value as is the case with other cryptocurrencies and platforms, thereby creating eternal economic velocity in the entrepreneur ecosystem within Markethive. This is a fundamental difference to the other systems currently out there today.  The Markethive system has been developed to produce revenue in the traditional sense with the added benefits of the blockchain taking it to the next level.

Summary

Bottom line, by joining Markethive you will get a Market Network Inbound Marketing platform worth $2500 per month for free and get “Airdropped” paid up to 500 Markethive coins, MHV just for joining. You will continue to receive these coin assets for the duration of your life within the hive. You will enjoy a social media interface which pays you to learn, post, in fact, all activities are rewarded, not just writing good content. You’ll have to forfeit likes for tips. I don’t know about you but I prefer a tip. If they tip, it’s assumed they must like it. And then use Markethive’s coin exchange to convert and withdraw your earnings. 

As stated by the Visionary, Co-founder and CEO of Markethive Thomas Prendergast: 

“Markethive has built a system to empower the Entrepreneur, with amazing valuable Inbound Marketing systems integrated within a social network with multiple coDeb

mmerce platforms. All of this on a blockchain foundation, which above all the other benefits, allows Markethive to pay its members, regardless of free or upgraded Entrepreneurs to engage. We are focused on providing a Universal type of income for aspiring entrepreneurs. We believe sharing our resources with you as you build your business and seek to reach your goals, benefits all of us.

We welcome all to our collaborative world of the Entrepreneur, the Markethive, built for you, by you and with you.”

 

 

David Ogden

Entrepreneur at markethive

Telegram @davidogden

 

 

 

 

 

David https://markethive.com/david-ogden

Why Employers Can’t Pay You in Cryptocurrency

Why Employers Can't Pay You in Cryptocurrency

With the help from recent news headlines

chronicling the substantial increase of some cryptocurrencies, more members of the public are discovering what people who’ve dealt with digital currencies like Bitcoin already knew. Although volatility is constant, it is possible to become wealthy with Bitcoin and similar non-physical forms of money. So you might be wondering, why isn’t it possible for your workplace to pay your wages in cryptocurrency? Some employers actually do – we’ll cover those later. But first, let’s discuss four barriers that make widespread adoption of that payment method difficult.

Some laws specify cash or check payments only

One of the main federal regulations that cover employee wages in the US is the Fair Labor Standards Act (FLSA). It stipulates that employers must meet at least some of their minimum-wage requirements by paying workers with cash or checks – as of now, Bitcoin payments don’t apply and the same is true for overtime compensation.

However, outside those federal requirements for minimum wage and overtime, employers and workers can agree on other forms of payment if desired. Employers could theoretically pay employees partially with cash or checks, then give them supplementary amounts made up of cryptocurrencies. The system isn’t so straightforward in certain states, though. For example, Delaware and Texas are two of several states where wages can only be comprised of US currency.

Cryptocurrencies may be deemed securities

The Securities and Exchange Commission (SEC) issued a statement about cryptocurrencies to remind people that investments associated with them can quickly cross into other geographical boundaries without owners’ knowledge, which increases the possible risk. Also, the SEC may ultimately decide some cryptocurrencies are designated as securities. In that case, employers would have to comply with additional laws for securities in addition to the wage-related rules mentioned above.

 Employers could feel wary

The rapid fluctuations in value associated with Bitcoins and other cryptocurrencies may make employers balk at the idea of paying their workers through these non-traditional means. Similarly, they might feel that not enough merchants accept cryptocurrencies as payment yet,  even as the number grows.

However, a BitPay debit card allows people to convert amounts from their cryptocurrency wallets into dollars in minutes. People can then use the more widely accepted currency anywhere that accepts Visa. This capability takes care of the potential issue of someone having cryptocurrency but not being able to spend it. The card also offers a safeguard if cryptocurrency holders learn about market conditions that signal a likely, sudden drop in value. In such a scenario, people could quickly make conversions using the card to avoid holding onto large amounts of cryptocurrency that could lose substantial worth in a few days or less.

The tax implications vary by country

If an employer regularly hires remote workers who are legal residents in one country and pay taxes in other, the different ways countries view cryptocurrencies for tax purposes could also be a barrier to adoption. In Canada, for instance, the country views cryptocurrency earnings as barter transactions. Companies based in the US have to convert cryptocurrency values to dollar amounts for the IRS on the dates payments occur. Similarly, employees must report all earnings in dollars, even when earned as Bitcoins or another currency.

Depending on the respective countries, reporting cryptocurrency earnings for tax purposes could be a straightforward process. However, companies with large percentages of international workers may decide that figuring out the logistics requires too much time-consuming research. If that happens, workers who strongly desire cryptocurrency payments could offer to find out the details and report back to their employers.

Some companies do pay employees with cryptocurrency

Despite the challenges we’ve presented, pioneer companies do exist that pay their employees in cryptocurrencies. Notably, none of the businesses are within the US, so some of the issues you learned about above may not apply to them. Geographical differences aside, if a growing number of companies around the world conclude that cryptocurrency payments for employees make sense, it could encourage other entities to follow suit.

Starting in February, GMO Internet, a Japanese company, will give portions of employee salaries in Bitcoin.  Employees will be able to receive the equivalent of $890 per month in Bitcoins. A representative of the company said the move to offer Bitcoins as salary was intended to make the company at large more literate about how cryptocurrencies work. Another business to consider is Buffer, a company associated with social-media tools that save time and grow traffic. It pays one of its developers, who reside in South Africa, a portion of his salary in Bitcoins. In this case, the employee is a big believer in the potential of Bitcoins. As such, he wanted to receive five percent of his wages in the currency.

The man approached a payment associate that works with Buffer and began a dialogue, later completing research to find a company that specializes in payroll services related to cryptocurrencies. He’s a good example of an employee who was proactive and got positive results even though the company was not offering widespread cryptocurrency payments. If a business is already in the cryptocurrency market, they might even ask employees during the hiring process whether they’ll accept non-physical payments. That situation happened at Bitedge, a sports betting establishment based in Australia. The company’s web developers receive 100 percent of their income in Bitcoins.

The future is bright

If you’re eager to explore the possibility of getting paid in cryptocurrency, it’s crucial to be aware of the volatility associated with cryptocurrency values, as well as the possibility that employers may not be up to speed about digital forms of payment. They might require you to research the specifics and provide guidance. As cryptocurrencies become more prominent, finding ways to overcome these and other challenges get easier. You can strengthen your stance as an early, in-the-know adopter and get involved in what could eventually revolutionize the way employers give compensation.

Chuck Reynolds


Marketing Dept
Contributor

Please click either Link to learn more about Bitcoin.
Interested or have Questions, Call Me, 559-474-4614

David https://markethive.com/david-ogden

General Manager of BIS Wants To Prevent Crypto From Joining ‘Main Financial System’/More

General Manager of BIS Wants To Prevent Crypto From Joining ‘Main Financial System’

Augustín Carstens, the general manager of the Bank for International Settlements

(BIS), called Bitcoin a “combination of a bubble, a Ponzi scheme and an environmental disaster”  and asked central banks to more closely regulate cryptocurrencies during a speech at Goethe University on Feb. 6. BIS is known as the “bank for central banks,” for it only provides banking services to central banks and other international organizations. In August 2017, when Carstens was the head of the central Bank of Mexico, he argued that Bitcoin is not a currency but a commodity and warned against its potential use for cybercrime.

Carsten’s recent comments Tuesday morning come after both the traditional and crypto markets have been experiencing a large drop since Monday, Feb. 5. Also this week, several large banks, including Lloyds Banking Group and J.P. Morgan Chase, banned credit card purchases of cryptocurrencies. In Carsten’s opinion, the global interest in cryptocurrencies is just a “speculative mania” and thus strict regulation by

central banks is needed:

“If authorities do not act pre-emptively, cryptocurrencies could become more interconnected with the main financial system and become a threat to financial stability.”

Carsten considers it “alarming” that some banks are releasing Bitcoin ATMs, for he considers Bitcoin’s potential use for illegal transactions too high to allow the currency to be associated with mainstream

financial institutions:

“If the only ‘business case’ is use for illicit or illegal transactions, central banks cannot allow such tokens to rely on much of the same institutional infrastructure that serves the overall financial system and freeload on the trust that it provides.”

The Foundation for the Defense of Democracies and Elliptic, a Bitcoin forensics company, released a report in late January that showed that less than one percent of all Bitcoin transactions represented money laundering.

Chuck Reynolds

Marketing Dept
Contributor

Please click either Link to learn more about Bitcoin.
Interested or have Questions, Call Me, 559-474-4614

UAE Issues Warning On ICOs, Says Investors Should Assume Full Risk

A new document issued by the UAE Securities and Commodities

Authority (SCA) on Sunday, Feb. 4 warns investors about the risks of Initial Coin Offerings (ICOs). In the document, the SCA emphasizes that investors involved in ICO fundraising campaigns have to assume all associated risks, given that digital token-based fundraising activities are not regulated by the UAE, and no legal protection can be provided in cases of fraud.

The major risks, as pointed out by the SCA, include high volatility of ICO tokens on secondary markets, misleading or unaudited details in ICO offerings, as well as common unawareness of potential costs and gains shared by most retail investors. Moreover, the SCA mentioned the risks of investing in foreign ICOs, commenting that it may be difficult to verify the proper regulatory compliance of such fundraisers and track the invested money as it leaves the UAE.

This is the second time that the country’s government warns its citizens about the risks of ICOs as back in Oct. 2017, Abu Dhabi's Financial Services Regulatory Authority (FSRA) issued its guidelines on both ICOs and cryptocurrencies.

Chuck Reynolds

Marketing Dept
Contributor

Please click either Link to learn more about Bitcoin.
Interested or have Questions, Call Me, 559-474-4614

David https://markethive.com/david-ogden

Crypto Has What it Takes to Break the Flawed Financial System

Crypto Has What it Takes to Break the Flawed Financial System

Bitcoin, when it first hit the presses in its own white paper,

was heralded as this peer-to-peer cashless system that could revolutionize the financial world and break the shackles of banking hegemony. However, as the cryptocurrency market has evolved, it has attracted a new crop of investors and speculators who have strayed somewhat from its original purpose, rather happy to cash in on the unprecedented gains which attracted them in the first place. Really, those entering the crypto economy should be doing so for the right reason, reveling in the potential it holds to be a disruptive technology, rather than a quick get rich scheme.

The flawed financial system

A look at the generations shows how today’s generation is sitting under the yoke of a financial service sector that was set up by the baby boomers, who still run the central banks. The end of the Second World War in 1945 sparked a new revolution of banking, but that system still remains nearly totally intact.

This system of banking and finance is dated and obsolete, and not even functioning properly, with a number of major crashes sending the globe into dire straits on a few occasions; the 1987 crash, the 2000 dotcom bubble burst and 2008 global financial crisis all down to a broken system. There is huge amounts of skepticism that has been born from being put under the financial quash that was built by generations before. Millenials are now starting to fight back and ask why things are the way they are, and what can they do to change it.

Blockchain revolution

The technology of the Blockchain is revolutionary, not only in name but in nature too. Those who understand the technology behind Bitcoin know what cryptocurrencies can become. But, those who only understand that Bitcoin has a chance of doubling its value every three months, are pushing it into bubble territory. The evidence is there though, the threat that Blockchain and cryptocurrencies pose can be seen in the way in which most central banks and regulators are reacting to it, knowing their monopoly is under threat.

But as it stands, even with the exponential expanding of the crypto community, which is also an intellectual expansion, there needs to be a balancing out of the financial speculators, and the technological innovators. When Bitcoin was chugging towards making fiat currency obsolete, it was doing so with a much lower number of users who were more focused on the technology. Now, as the network has swelled, the direction of Bitcoin, as the lead example, has changed, and the community is a different demographic.

Useless digital gold?

Bitcoin is in a precarious position. It is the most popular and well known, and thus the most likely to be disruptive in any sense of the word, but it has gone down a pretty useless path in terms of revolution. The fact that Bitcoin is an asset, a store of value – digital gold – because of its scaling issue and other reasons, makes it much less of a revolutionary, more of a bloated get rich quick scheme. This is not the fault of the coin, the technology or those driving its development, and it is the fault of those who use it for the wrong reasons.

Chuck Reynolds

Marketing Dept
Contributor

Please click either Link to learn more about Bitcoin.
Interested or have Questions, Call Me, 559-474-4614

David https://markethive.com/david-ogden

Samsung’s now making chips designed for cryptocurrency mining

Samsung’s now making chips designed for cryptocurrency mining

An ethereum mining rig in South Korea.

  Samsung’s semiconductor business is booming, with the company recently overtaking Intel as the world’s biggest chipmaker. But the South Korean firm is not resting on its laurels, and is currently looking to expand into the buzziest contemporary market for processors: cryptocurrency mining.As reported by TechCrunch, Samsung has confirmed it’s in the process of making hardware specially designed for mining cryptocurrencies like Bitcoin and Ethereum. A spokesperson for the firm told TechCrunch: “Samsung’s foundry business is currently engaged in the manufacturing of cryptocurrency mining chips. However we are unable to disclose further details regarding our customers.”

These chips are known as ASICs, or application-specific integrated circuits. ASICs are processors that have been specially designed for a single computational task, as opposed to the multi-purpose processors we use in computers and phones. As the valuation of cryptocurrencies has shot up, so has the demand for these sorts of chips. In the case of bitcoin, the currency is created by solving mathematical problems, with these calculations also maintaining the integrity of bitcoin transactions. As more bitcoins are mined, these math problems become increasingly difficult. This has led to miners moving on from using normal integrated graphics cards, to GPUs designed for gaming, and now to specially built ASICs.

It’s not clear exactly what sort of products Samsung will be making, but according to reports from Korean media, it’ll be working with Taiwanese firm TSMC. The company currently supplies chips for a number of firms set up solely to mine cryptocurrencies, including the China-based Bitmain. Meeting the demand for these chips has added around $350 million to $400 million to its quarterly revenue, says TSMC. That’s nothing to be sniffed at, but it’s a small sum compared to the $69 billion revenue generated annually by Samsung’s chip business. Mining cryptocurrencies is buzzy, but that doesn’t mean it’ll be extremely profitable for those selling the silicon shovels.

Samsung made a special chip for mining cryptocurrency

Maybe don't expect GPU prices to drop anytime soon, though.
 

Samsung has a chip designed specifically for mining cryptocurrency.

Rather than repurpose a GPU to do the dirty work, Samsung made an Application Specific Integrated Circuit (ASIC), which is a specialized processor that is more efficient at mining than, say, an NVIDIA 1080 card. The company has entered into a distribution agreement with an as-of-now anonymous Chinese partner for distribution. As TechCrunch notes, this is significant for at least one reason: This gives the Korean company a way into the Chinese ASIC market, where local firms dominate. It's too early to tell what sort of impact (if any) this could have on Samsung's bottom line, or how it could affect cryptocurrency and China's local players.

Chuck Reynolds

Marketing Dept
Contributor

Please click either Link to learn more about Bitcoin.
Interested or have Questions, Call Me, 559-474-4614

David https://markethive.com/david-ogden

UK: Cryptocurrency Trader Robbed ‘At Gunpoint’, Amount Stolen Unknown

UK:
Cryptocurrency Trader Robbed ‘At Gunpoint’, Amount Stolen Unknown

Four masked robbers have broken into the house

of a cryptocurrency trader in Moulsford, Oxfordshire and forced him to transfer all of his bitcoins to them “at gunpoint”, The Telegraph reports Sunday, Jan. 28. According to The Telegraph, this is the first case of cryptocurrency robbery in the UK. The criminals entered the house of a crypto trader and forced him to transfer his entire Bitcoin stash. The exact amount of bitcoins stolen has not yet been specified. Fortunately, the incident did not cause any serious injuries to anyone. The police immediately launched an investigation into the case, however, no arrests were made as of press time.

The police have also asked for help from local citizens:

"Officers are particularly interested in speaking to anyone travelling through [Moulsford] on the A329 Reading Road between 7.30am and 10.30am on Monday who has Dashcam footage or anyone with mobile phone footage.”

Due to their relatively anonymous nature, cryptocurrencies are becoming an increasingly popular target for robberies. Back in December 2017, Cointelegraph covered another case: the managing director of the cryptocurrency exchange EXMO Pavel Lerner was kidnapped in Kiev by an group of unidentified people. Fortunately, Lerner got out safely just two days later, albeit having to pay a ransom of $1 mln in bitcoins. Another robbery has taken place in neighboring Russia in mid-January, in which a locally famous cryptocurrency blogger was deprived of $425,000 worth of bitcoins. The latest news shows that cases of Bitcoin robbery aren’t limited to Russia and surrounding countries, as even the citizens of UK can be targeted by the criminals.

Chuck Reynolds


Marketing Dept
Contributor

Please click either Link to learn more about Marketing.
Interested or have Questions, Call Me, 559-474-4614

David https://markethive.com/david-ogden

How blockchain could kill both cable and Netflix

How blockchain could kill
both cable and Netflix

Blockchain technology, powered by nodes of peer-to-peer computers

around the world, is on the rise. So can we expect decentralized entertainment applications built on blockchain to replace streaming services like Netflix or Amazon and be the final death knell for Cable? Video production studios have already seen a lot of disruption recently. Websites like Youtube and Twitch have created a mass market for user-generated content, stripping the cable networks and studios from their positions as the sole creators of mass-market video content. Yet, despite the rise of these mega-websites, most high quality scripted entertainment content today, still comes via a largely centralized model. Studios and networks (now expanded to include streamers Netflix and Amazon) fund the development of content, and the content follows an orderly approach to distribution – from the studio to the end user along one of the pre-defined channels: cable or broadcast or mobile device or website.

Blockchain has the power to fundamentally disrupt the entertainment industry because it brings out a completely new, decentralized model for content distribution. In a blockchain, computers all over the world act together in a peer-to-peer network to work on some task — there is no central server or authority. Today Netflix and Cable still rely on the idea of “centralized” aggregation and distribution. Content creators must get past some number of “gatekeepers” and strike business deals with the network, which then puts the content on a server and distributes it over the air, via coaxial, or more recently, over the internet directly using CDNs (Content Delivery Networks like Akamai or Amazon CloudFront). Decisions about what content is offered, when it’s offered, the price, and the distribution route are still very proprietary and hierarchical.

In a decentralized world, no single website or authority would have a say over what content is to be distributed and how it will reach the “last mile.” No website would be able to block specific content. With decentralized apps (Dapps) for entertainment, whether it’s for live streaming or on-demand video, thousands of computers around the world would act as broadcasters in a mesh network that is not hierarchical. These “super nodes” would solve the last mile problem by broadcasting the signal to computers that are geographically nearby. This will be particularly effective in countries that don’t have lots of presence from existing CDNs.

A number of new crypto projects have cropped up that use either existing blockchains or completely new blockchains as infrastructure for decentralized video streaming. Some of these are optimized for ingesting and compressing content to make it available, such as LivePeer, built on the Steem blockchain, and Viuly, built on Ethereum. Some are application level tokens for streamers and influencers, such as Stream Token and YouNow/PROPS, both on Ethereum. Spectiv VR is focused on the advertising model and making sure content creators get a larger part of it, particularly for VR content. And LBRY and my company, Theta Labs, are building new blockchains/protocols to support third-party DApps for entertainment, esports, and more. Not only could these blockchain projects completely disrupt the distribution world because they no longer require centralized architectures, they can also disrupt the Netflixes of the world and make the idea of channels on cable completely obsolete. What is a channel but an aggregation of curated content over a well-defined distribution network?

Here are a few ways that a fully decentralized blockchain based entertainment network might disrupt the industry:

  • Free Up Content Creators. Content creators could create shows and make them available over a decentralized platform instantly – no need to go pitch a studio or try to get Netflix to put you on their system. No more gatekeepers that have to approve your content.
  • New Channels. New “channels” could emerge in a completely decentralized way. You could envision channels for esports, live events, fantasy, sci fi, news, etc. These channels could be set up by anyone and joined by content creators.
  • Advertising and Free Content. Free content could even disrupt the traditional TV advertising model (which sites like YouTube are also following) by using tokens on these networks. The new blockchain video projects usually provide coins or tokens that advertisers can use to buy exposure on these decentralized channels. They can specify that those coins go directly to the content creator without having to a middleman take a big chunk of the revenue — a large departure from existing practices where the middleman gets the biggest chunk.
  • Paid Content. As for paid entertainment or the subscription model, viewers could use the new tokens issued by decentralized content networks to subscribe to particular channels or to pay a particular content creator. This could replace cable on-demand and give viewers unlimited choice of what can be seen “on-demand.” HBO and other subscription networks recently released their own apps so you don’t need a cable subscription to watch them. The next HBO may be a completely decentralized network that is not tied to cable at all!

Conclusion: Watch out.

Technology changes have always impacted the entertainment industry. While the internet has created new ways to consume content, the creation and distribution of high quality shows has, for the most part, still been dominated by a small number of players, studios, TV networks, cable providers, and aggregators like Netflix. This hasn’t led to the democratization of content that was the promise of the internet.

Blockchain technology has the ability to fundamentally disrupt the entertainment industry by breaking that pseudo monopoly, replacing the centralized gate-keepers with a peer-to-peer network. Many of these projects will be going live towards the end of this year, and we can expect to see rapid growth of the new players in 2019 and 2020. Just as it took Netflix a number of years to displace Blockbuster and video rental stores as the dominant way to consume on-demand entertainment, it may take a number of years before the new decentralized approach becomes the dominant trend. Look to the 2020s to be the decade of blockchain in entertainment.

Chuck Reynolds

Marketing Dept
Contributor

Please click either Link to learn more about Bitcoin.
Interested or have Questions, Call Me, 559-474-4614

David https://markethive.com/david-ogden

Bank-based blockchain projects are going to transform the financial services industry

Bank-based blockchain projects
are going to transform the financial services industry

Cryptocurrencies are constantly evolving,

with popular currencies such as Bitcoin and Ethereum maintaining their popularity despite recent market corrections. At the core of both technologies is the cryptographically secure digital ledger known as the blockchain. It’s a digital ledger where cryptocurrency transactions are recorded chronologically and publicly. Indeed, as the popularity of cryptocurrencies has grown, so has the banking industry’s interest in blockchain for fintech, with an increased and focused push on bank-backed blockchain projects. Some of the largest projects underway include the IBM-backed Hyperledger Fabric project, the Utility Settlement Coin, and R3’s blockchain consortium, signifying a growing acceptance in institutional policy to support blockchain growth

How does it work?

Currently, banks transact with each other by creating agreements, as one would when purchasing an item from a store. A common example would be a bank agreeing to purchase a specific amount of stock for a specific cash price from another. This process, often cumbersome and slow, takes up to several days and incurs the risk that one party may default or renege on the agreement. This period of time, known as settlement, is such an issue that an Oliver Wyman report identified it as costing the financial industry anywhere from $65-$80 billion a year.

Blockchain projects have the potential to reduce, and possibly eliminate, settlement times due to their digital nature, ensuring the timely and secure processing of these operations. Other uses for bank-backed blockchain projects would include secured global currency exchange rate speeds and increased transaction security, among other benefits, eventually allowing for an overhaul of the banking industry, replacing traditional back-office clearinghouses and other outdated mediums that exist between asset sellers and buyers.

IBM’s Hyperledger Fabric

The IBM-backed Hyperledger Fabric project is a trade finance platform aimed at international payments utilizing blockchain, with seven of its largest supporters including Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Societe Generale and Unicredit. IBM’s blockchain platform will run through the IBM Cloud, allowing for interconnectivity between all parties in a particular secure transaction. This project is designed to be highly scalable, allowing for multiple entrants to easily integrate into the entire financial supply chain process through the secure blockchain, allowing for an unprecedented amount of transaction transparency. In mid-October, IBM revealed a partnership with blockchain startup Stellar, spreading the influence of the Hyperledger Fabric project to global levels unseen before.

The Utility Settlement Coin

Six of the world’s largest banks, Barclays, CIBC, Credit Suisse, HSBC, MUFG, and State Street, have announced backing of the UBS and Clearmatics-spearheaded Utility Settlement Coin, joining other industry heavyweights who have already pledged their support for the project, including BNY Mellon, Deutsche Bank, and Santander. The UTC specifically tackles the use of blockchain technologies by traditional banks, utilizing it as a tool for more efficient transactions. Additionally, the UTC addresses the issue of currency backing, with the UTC being backed by cash at a central bank, preventing default and credit risk. These safeguards play a huge role in why the UTC has so much pledged interest, allowing banks to take part in the relatively young digital currency ecosystem. The UTC is definitely a sign of fintech adoption in the banking industry, ensuring the eventual wide-scale use of blockchain technologies on a standardized level across the globe.

R3

Blockchain consortium R3 is another player in the bank-based blockchain space, raising $107 million in May, with four of its backers being Temasek, SBI Group, Bank of America Merrill Lynch, and Intel, with further support pledged from industry heavyweights such as Wells Fargo and ING. One of R3’s primary projects has been the development of their Corda platform, with future plans for an infrastructure network specifically geared toward financial institutions to build their own ledger-based applications and services, implying that these banks currently have and will grow their own teams of blockchain developers. R3 is also focused on governmental acceptance of blockchain, with buy-in from these institutions signifying a drastic shift in terms of governmental compliance and usage of such fintech.

By presenting credible potential resolutions of current-day issues, these projects represent large-scale efforts by the banking industry to fully embrace and integrate blockchain into their current infrastructures. Industry consumers and participants alike should be excited to see how the industry develops in the next coming months.

Chuck Reynolds

Marketing Dept
Contributor

Please click either Link to learn more about Bitcoin.
Interested or have Questions, Call Me, 559-474-4614

David https://markethive.com/david-ogden

Twitter Reacts to Crypto Fear-Mongering at Davos WEF

Twitter Reacts to Crypto
Fear-Mongering at Davos WEF

While cryptocurrencies have been a talking point

at previous World Economic Forum conferences, they have come to the fore in Davos this year. Following a breakout year which saw Bitcoin rise to an almighty high of $20,000, alongside the massive growth of other altcoins, it’s hardly surprising that one of the major talking points at WEF would be the future of cryptocurrency. With financial industry leaders coming together at the most important annual event on the economic calendar, media outlets took their chance to ask the top minds for their two cents worth on the current and future prospects of virtual currencies. Cointelegraph is currently attending the summit in Davos and has reported continual resistant perceptions towards cryptocurrencies.

These views stem from a lack of a regulatory framework for virtual currencies which has made some of the world’s prominent banking and financial institutions hesitant about investing and supporting cryptocurrencies. UBS Chairman Axel Weber said as much in an interview with Bloomberg, saying his firm would not recommend cryptocurrency adoption or investment to its clients until there is clarity on future regulatory action. As per usual, the vibrant and feisty cryptocurrency community has been watching developments at Davos keenly, and there has been plenty of backlash in response to any FUD or untoward comments about cryptocurrencies.

Twitter hits out at Davos FUD

Full Tilt Capital Partner Anthony Pompliano was scathing in his analysis of the prevailing sentiment floating around in Davos towards Bitcoin. The former Facebook product and growth manager suggested that statements made by economist Joseph Stiglitz that Bitcoin was still used for shady purposes actually has the opposite effect of driving people away from

cryptocurrency adoption.

Joseph Stiglitz, well-known economist, is bragging to the Davos crowd that Bitcoin is used for "secret use cases" & that fiat currency is superior. My theory is that this type of fear-mongering actually drives more adoption of Bitcoin & cryptocurrencies

Max Keiser, host of the Keiser Report on RT, also touched on the wave of negativity around Bitcoin in Davos, but said it was too late for big financial industry players to try to stop what he described

as a ‘revolution.’

Those at Davos threatened by Bitcoin maybe could have thwarted the revolution 5 yrs ago. But now it’s too late. Go home guys, your time is over.

Renowned American investor Bill Gross suggested that the rise of Bitcoin and cryptocurrency has signaled a move away from centralized institutions governing and controlling money. People seem to be putting their trust in technology over

government-run establishments.

Bitcoin’s rise may reflect, for better or worse, a monumental transfer of social trust: away from human institutions backed by government and to systems reliant on well-tested computer code..

Twitter users CryptoWilson highlighted more negative sentiment towards cryptocurrency, sharing a video of French President Emmanuel Macron speaking in favor of regulatory crackdowns by the

International Monetary Fund on cryptocurrency.

Macron 'triggered by Bitcoin' at Davos: "I am in favor of the IMF having full competence over the whole areas that escape regulation: bitcoin, cryptocurrencies, shadow banking […] which can trigger crises."

Can’t be ignored

Setting perceptions of sentiment aside, the truth of the matter is that the financial world can no longer turn a blind eye on cryptocurrencies. They are very much a central point of this year’s WEF and understandably so. As the 68th US Secretary of State John Kerry told Cointelegraph earlier this week at the summit, the sheer value of capital that has been poured into the overall cryptocurrency market has made it impossible to ignore. Coinmarketcap currently has the current total market capitalization at $559 bln- a steady number after a month of wild market volatility.

Chuck Reynolds

Marketing Dept
Contributor

Please click either Link to learn more about Bitcoin.
Interested or have Questions, Call Me, 559-474-4614

David https://markethive.com/david-ogden