Description

Daniel and his team have been hard at work on Blocktap.io at Altangent Labs, but not so busy that Daniel would miss Tone Vays’ Unconfiscatable conference in Las Vegas!  What a treat it was to learn more about the developments with the company, but also get some insight into how Daniel started out in the crypto space.  Some of you may know him as the director of “The Rise and Rise of Bitcoin”, which was one of the original Bitcoin documentaries and is beloved by the community. That creative endeavor certainly led Daniel down the crypto rabbit hole, so listen in to learn more about that journey!

About the Guests:

Daniel Mross is the CEO/ Co- founder of Altangent Labs. He has a B.S. Computer Science from Virginia Tech and 12+ years of enterprise IT experience as a database architect and administrator. In 2017 he co-founded Altangent Labs, a software company building tools and services for digital finance. Altangent Labs operates Blocktap.io, an institutional grade market intelligence platform for digital assets.

Daniel is an early Bitcoin miner and investor in cryptocurrencies since 2011. He is co-creator of the documentary “The Rise and Rise of Bitcoin” which premiered at the Tribeca Film Festival in 2014. He is a contributor to open source software and is passionate about helping Bitcoin adoption.

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Meet the hosts

Hey! My name is Tatiana Moroz. I am a passionate singer-songwriter heavily involved in the Libertarian and Bitcoin movement. I have created the first ever artist cryptocurrency Tatiana Coin and also founded an activist talent agency called Same Side Entertainment. I recently launched Crypto Media Hub which is an advertising network for the Bitcoin world and beyond. It's free for advertisers and we work with almost every major media outlet in the space including Bitcoin Magazine, YBitcoin, Bitcoinist, Brave New Coin, Let's Talk Bitcoin, Coin Telegraph and many more.

discussions

  • I’m interested in working for Bitcoin but atm it’s hard to find these kind of sites. At the moment it seems quite hard to benefit from Bitcoin unless you have purchased Bitcoins through your current accounts as investments. However, as someone noted somewhere else, buying and selling goods for Bitcoin online seems to be hard. How can Bitcoin make a real difference while it’s still not a feasible currency for most of us?

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  • One of the most well-known as well as one of its kind platform, Shanghai Wine and Liquor BlockchainAlliance, which was launched in 2018 has once again been in the news. Since there is no denial in the fact that this alliance has undoubtedly ended up enhancing the logistics as well as quality standards for the growing industry. This has also flourished as the middle-class Chinese consumers have gradually started developing a taste for the supple intoxicant. However, the concerning part is the counterfeiting part has equally grown along with the consumption. As per the reports, 65,000 counterfeit Penfolds bottles were seized by the Chinese authorities. COMBATING ILLICIT CHINESE WINE TRADE Well, this unethical Chinese wine trade undoubtedly needed strict action. Therefore, in order to fight with this illicit trade, one of the most renowned importers in the region, Shanghai Waigaoqiao Direct Imported Goods Co (D.I.G.) shook hands with VeChainThor. Together they ended up building a sophisticated as well as effective luxury wine authenticating system. HOW DOES IT AUTHENTICATE? Truth be told, this is indeed a really effective way to authenticate as the chances of illicit wine trade is minimized to a large extent. As per this authenticating technology, the blockchain-strapped bottles are equipped with NFC, i.e., Near-Field Communication chip. This is included so that the vintage’s provenance is tracked with better accuracy. Moreover, the entire process of authentication is even more trustworthy as the entire traceability program is overseen by two governmental bodies as well as the data included in the blockchain is independently verified by auditors like DNV GL. RAY OF HOPE One can never deny the fact that the sales, at one point of time, hit its lowest because of the illicit trades. However, situations are a bit less complex now as D.I.G mentions in a report that there is an overall increase of 10% in sales for vintages tracked by the authenticating program. Therefore since its launch, it has been a bright ray of hope for the market. News Source: TheCoinRepublic

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  • On the 1st of August 2019, Walmart (the world’s largest company with the most revenue and employees) has filed a patent application for its own digital currency. This move follows the Facebook cryptocurrency initiative in the form of Libra. The ‘Walmart Coin’ specifications are similar to what Facebook has proposed for its Libra. Walmart’s cryptocurrency may have demographic appeal to legislators involved in the efforts of devising an alternative financial structure for people who are not regular users of banks or find banking costly. This new digital currency may not face the same regulatory trouble as Facebook’s Libra as there is a difference of scale between the two. Walmart’s cryptocurrency and Libra are different from others like Bitcoin in a very important manner; they are backed by a central authority and household names. Walmart’s digital currency is proposed to be a fiat-backed stable coin. It is also said that it may be pegged to the US dollar and available for use only at select retailers or partners. It seeks to make transactions cheaper and faster. It could be tied to some other digital currencies and may be purchased using cryptocurrencies like Bitcoin rather than fiat currency alone. It aims at providing a free or cheap way to store wealth that can be converted back to cash as and when the need arises. It could earn interest, be used for food payments and may replace debit or credit cards without cash. Savings may be offered to customers on purchases. It seeks to use artificial intelligence to help the customer purchase according to his budget and preferences. Walmart is trying to improve its inventory forecasts and predict consumer behavior by using thecryptocurrency to collect purchaser data with the ultimate aim of increasing its profitability. Its own tokens will also reduce the credit card processing fees, saving it billions of dollars each year. There are ambitious plans for this new digital currency including the provision of a freelancer platform, short-term emergency loans, digital currency futures, and multi-tender integration. Walmart is not new to the blockchain technology and at present, this technology covers its supply chain management and digital offerings for customers. Walmart’s cryptocurrency does involve a major privacy concern especially if it is used alongside the various other services provided by the Walmart ‘Money Centers’. It seems imminent that large corporations will foray into the area of cryptocurrency in the form of their own branded stable coins in an effort to exterminate banks from their financial ecosystem. Walmart has made a futuristic move. Whether this move proves to be beneficial is yet to be seen. News Source: TheCoinRepublic

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  • We all know about cryptocurrencies and the attention around has increased due to Facebook’s involvement with it. Due to such attention, many people are looking forward to being potential investors in the future and enter the crypto world. We all are aware of the cryptocurrencies being untraceable and shrouded in anonymity, for whatever reasons that attract us to this attribute of cryptocurrency. While many crypto pundits and aficionados are aware of the basic security of cryptocurrency, a large chunk of the market have no clue how crypto works. So, here are the basic principles of cryptocurrency explained. There are three main components of crypto security which are Asymmetric Cryptography, Hashing, and Digital Signatures. They are explained as follows – Asymmetric Cryptography – A Basic Lock and Key Mechanism Asymmetric cryptography is always concerned with two keys, a public key, and a private key and they both act as a lock and key for each other. If a message containing information is encrypted with a private key, it can only be decrypted by a public key and vice versa. This acts as the backbone of many cryptographic schemes such as SSL and TLS including many cryptocurrencies that follow this simple mechanism. A piece of information that can be put out there in the world using a public key and that piece must be guarded using the private key. Hashing – A Unique Code For Everything Hashing, in simple words, is encrypting a message or piece of information into a code called hash. The hash of the message is calculated using the information that the message contains. The hash is always determined using an algorithm. The input of the algorithm is directly dependant on the data of the arbitrary length. The output of the calculated hash is always predetermined and remains the same for the same algorithm elsewhere. This means that the same input will give out the same data every time. While it is easy to convert a message to a hash, but it is difficult to know the content of the original message using the hash. This is because for a small change the hash entirely. For example, the change of a word in a message or even capitalization of a letter can lead to the generation of a new hash. Digital Signatures – The Enforcement Tool Digital Signature is a combination of both Hashing and Asymmetric Cryptography. The sole purpose of Digital Signature is to enforce nonrepudiation and confirm the integrity of a message. The integrity lets you state that the piece of information that you create is the same as the information sent. Non-repudiation lets you state that the message you create can only be created by you and no one else. In simple words, Digital Signatures act like the protection of intellectual property (trademarks, copyrights) for cryptocurrencies and blockchains. While these are an effective way to claim protection, they aren’t going to encrypt anything on its own. A digital signature doesn’t keep messages secret, for that hashing is used. News Source: TheCoinRepublic

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  • VeChain Value Analysis: Value Continues to go Downside, Latitude 28 collaboration might help the currency Australia based well-known meat company Latitude 28 has alliances with VeChain to create meat traceability and increase its market in China. New technology is created on a Base stage utilizing VeChain ToolChain. The verification has also increased given by DNL GL, which the world’s leading certification service. For vechain thor price prediction As per the latest vechain thor price prediction, the vechain Thor price is expected to surge by atleast 30% with this latest addition in Vechain partnership list. Status of VeChain (VET): The currency is ranking at 4eqst position in the cryptocurrency market. The currency is currently trading at the value of $0.005968 USD and 8its value is increasing by 3.55%. The market capitalization of the currency is $330,980,104 USD and its 24-hour volume is $30,074,396 USD. The circulating supply of the currency is 55,454,734,800 VET and the ROI of the currency is -60.32%. Current Status of Verge Coin: Currently, the statistics of Verge is bearish and its value is decreasing by -2.13%. The currency is trading at the value of $0.005846 USD and the market capitalization of $92,639,049 USD. The 24-hour volume of the $2,162,286 USD. On 26th July, the currency was trading around $0.005934 at 05:58 UTC. The market capitalization of the currency was 93,816,300 USD and the 24-hour volume of the currency was 1,006,881 USD. I take account of the previous price of the currency, the currency achieved the highest value of $0.006074 at 02:20 UTC on July 25th, 2019. But the value dropped around 5.04% at 09:48 UTC on the same day. On July 25, the currency was hovering the whole day and increased by 4.72% at 16:05 UTC and reached the value of 0.006034 USD. Again the value decreased by 5.04% at 20:20 UTC. The same day the currency’s value increased again by 4.36% at 22:10 UTC and reached around $0.005959. But on July 26th, decreased by 2.57% and the currency was trading at the value of $0.005806. XVG Price Prediction: The currency is showing bearish trading, so purchasing might be good. The currency has better long-term investment plans and investors might invest for better returns. The three main resistance levels are $0.006062, $0.006208, and $0.00636 and the three main support levels are $0.005764, $0.005612 and $0.005466.

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