CRYPTO NEWS

The Cryptocurrency of Switzerland

Month: December 2017 (Page 1 of 2)

Protected: (Español) Historia inicial de Giracoin y GiraUNO, porque ?

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(Español) Si no está en coinmarketcap NO es criptomoneda ?

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(Español) ¿Qué es y cómo funciona la Lightning Network?

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(Español) Suiza tiene fiebre de Bitcoin, pero ¿qué hay de la nueva tecnología?

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Giracoin goes Quantum Fork

Start December 2017 – Quantum Fork 26-29. January 2018

The Gira Financial Group is bracing itself for the future and deploying the Giracoin 2.0 Blockchain based on the Hyperledger and Ethereum Virtual Machine (EVM). We are entering a new age of digital transformation and leaving the one-way path of pure cryptocurrency. With the new Blockchain, we are ready for the revolution of the digital world. Whether it’s the interaction between humans and machine or the communication from machine to machine – we are making a quantum leap.

GiraUno

The cryptocurrency Giracoin 1.0 based on the Bitcoin Core version 0.13 is the first Bitcoin-based cryptocurrency uniting PoW and PoS. Currently, the Giracoin has a PoW reward of 2600 GIRA with a simple retargeting difficulty and is the base currency for the Gira Universe ecosystem founded by Gira Financial Group AG providing payment and ecommerce solution. The Giracoin 1.0 was operated as closed mining to support the sustainable performance of Giracoin and now we are ready to take the next leap with our cryptocurrency. Giracoin 1.0 becomes by end of year 2017 GiraUno and will be released as opensource.

At the time of publication, GiraUno will contain the following features. As inflation protection, GiraUno will have reward halving algorithm similar to Bitcoin and Litecoin, in addition Segwit2x will be implemented with a block size of 8MB in order to be able to defy the market as a future payment solution. GiraUno will be Atomic Swap ready and after the release the GiraUno maintainers will implement the Lightning Protocol in the mainnet of GiraUno.

Giracoin 2.0

Digital transformation is the revolution of today. All industries are experiencing disruptive changes and the service sector is already in the midst of digital transformation. Users expect smart services from individual packages, products, and services. Digitisation 2.0 has now arrived at Industry 4.0, where human-machine interaction and machine-to-machine communication play an important role. The digital world demands binding contracts and data to be processed intelligently. Processes should be transparent and comprehensible, and at the same time data protection and personal identity must meet high security standards. Giracoin 2.0 is up to the challenges of the future. With the Ethereum Virtual Machine (EVM) as its currency base and Hyperledger as a Swiss Army knife among distributed ledger technologies, the Giracoin 2.0 platform can bring together traditional and future digital world processes. Thanks to the modular approach,

Giracoin 2.0 can always be supplemented with new technologies.

 

 

Facts:

GiraUno

Start: 01 October 2016
Total Supply 21`000`000`000
PoS/PoW Blockchain with Lightning Network
OpenSource

Giracoin 2.0

Start 26-29 Januar 2018
Total Supply 21`000`000
Hyperledger / Etherum virtual Machine Blockchain
Decentralised Data-Storage
Smart Contract
Tokenomics
Atomic Swap Ready
Multi-Asset
Developer Base 2.0 Blockchain

Holder of GiraUno gets automatically the same number of Giracoin 2.0 at the time of Quantum-Fork (26-29 January 2018)

 

Gira Financial Group AG

Founded in 2016, Gira Financial Group AG (GFG) is a Swiss fintech company that develops innovative blockchain technology-based applications and business models. The proprietary platform and blockchain enable a variety of transaction, trading and currency exchange models as well as multiple wallets. Likewise, projects from third-parties are being developed and implemented on GFG’s blockchain. The system currency, Giracoin is integrated into a broad network of members, trading partners and buyers. As a financial intermediary, Gira Financial Group is a member of the Swiss self-regulatory organisation, Polyreg.

«Blockchain is the new global resource»

«The future of Blockchain is controlled access»

The Swiss fintech company, Gira Financial Group AG (GFG) develops applications and business models based on blockchain technology.

The GFG platform convinces with its special technical features as well as its high level of safety and user-friendliness. Digital currencies allow transactions that take place in a decentralised fashion and directly between the buyer and the seller, and with progressive regulation, they gain trust on a worldwide basis.

The Giracoin digital currency issued by Gira Financial Group differs from other crypto-currencies due to its special technical features. Normally, users need to make available computing power so that they can generate new units of a crypto-currency. However, the Giracoin also offers people who cannot or do not want to provide computer capacity for mining – and independent of their technical knowledge – the opportunity to purchase “tokens”.

More security and easy mining

The buyer can thus delegate the mining process to GFG, in which he/she gives tokens to mining at any time and independently from GFG, thereby converting them into giracoins. This is an innovation in the area of crypto-currencies made possible by the fully automated mining within the closed system of Giracoin. This closed-source system, in contrast to the conventional open systems (open source), displays another major advantage: A closed system is much safer against hacker attacks and external manipulation than open systems, such as, for example, Bitcoin.

GFG continues to develop its platforms and has recently implemented Hyperledger Fabric. The Hyperledger Fabric which uses blockchain technology enables, among other things, the decentralised development of applications as well as easier control of the origin and genuineness of goods. This increases the security, flexibility and attractiveness of the Giracoin universe and, thanks to controlled access to the blockchain (smart contracts), the parties participating in a transaction can also communicate with each other. Girabuy and Girapay are easy-to-use and mobile-accessible applications that can be used to contact trading partners and conduct transactions and transfers in Giracoin in real time. More information on the Giracoin and the GFG platforms, as well as the token programs and the mining of Giracoin can be found at

http://land.giracoin-bank.com

Blockchain business driver

In industrialised countries with a highly developed financial system and strong institutions, blockchain applications primarily serve to increase efficiency and reduce costs. However, blockchain technology is much more than a means for optimising financial transactions. In developing and emerging countries, it represents a great potential for economic and social progress. On the one hand, in countries where state institutions have failed to establish reliable databases, the decentralised blockchain can achieve a greater level of credibility than the state and serve a groundbreaking role. On the other hand, the blockchain provides an easy way and means for countless people to access previously unavailable financial services.

The biggest advantage of the blockchain technology is that every person worldwide can participate in the international economy via a smartphone. The blockchain is a public good that is as revolutionary and versatile as the internet was. GFG supports this development by not only promoting its own applications and business models but also by implementing projects from third parties on its blockchain.

 

On Gira Financial Group AG:

Founded in 2016, Gira Financial Group AG (GFG) is a Swiss fintech company that develops innovative blockchain technology-based applications and business models. The proprietary platform and blockchain enable a variety of transaction, trading and currency exchange models as well as multiple wallets. Likewise, projects from third-parties are being developed and implemented on GFG’s blockchain. The system currency, Giracoin is integrated into a broad network of members, trading partners and buyers. As a financial intermediary, Gira Financial Group is a member of the Swiss self-regulatory organisation, Polyreg.

 

(Español) ¿Qué es la Cadena de Bloques (Blockchain)?

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(Español) Grupo directivo, desarrollo y asesor de La compañía Suiza Fintech Gira Financial Group AG (GFG)

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Daniel Rytz appointed as a new member of the Senior Advisory Committee at Gira Financial Group AG

The Swiss fintech company Gira Financial Group AG is expanding its business activities and engaging Dr Daniel Rytz as an additional member of its Senior Advisory Committee.

 

Since it was established in 2016 Gira Financial Group AG (GFG) has enjoyed considerable success and the company is expanding its business activities. To reflect this expansion, the Senior Advisory Committee is being enlarged. As at 1 January 2018 Dr Daniel Rytz will join the Senior Advisory Committee of GFG, where he will assist the company in developing and implementing its business strategy.

 

Daniel Rytz, 57, was most recently interim CEO and a member of the Board of Directors and company management of Polymetrix, a firm specialising in process technology. He studied process engineering at ETH Zurich and gained a doctorate in chemical engineering. Dr Rytz began his professional career at Sulzer Chemtech AG as a process engineer. Between 1993 and 1997 he worked at Krebs Swiss AG as Process and Marketing Manager for the India, Middle East, southern Europe and South America markets and was responsible for the construction of brine preparation plants. He then worked at Glatt AG between 1997 and 2006 as Sales and Marketing Director and a member of the Executive Board. In 2006 he moved to Kühni AG. After the company was sold to Sulzer Chemtech, Dr Rytz worked for the latter in various managerial posts, including as Head of Special Projects. Finally, between 2015 and 2017 he was responsible for strategic development at Polymetrix and was in charge of the exit process for the private equity shareholders.

 

With his engineering expertise and his extensive understanding of processes, process optimisation and organisational procedures, combined with his many years of experience in building up, expanding and managing SMEs, Daniel Rytz will provide key input to GFG as a member of the company’s Senior Advisory Committee.

 

About Gira Financial Group AG:

Gira Financial Group AG (GFG), established in 2016, is a Swiss fintech company that develops innovative applications and business models based on blockchain technology. Its proprietary platform and blockchain enable a range of transaction, trading and currency exchange models as well as multiple wallets. Equally, projects are developed and implemented by third parties using GFG’s blockchain. The digital currency Giracoin is integrated into a broad network of members, trading partners and buyers. In its capacity as a financial intermediary, Gira Financial Group is a member of the Swiss self-regulatory organisation PolyReg. GFG is currently implementing an expanded version of

 

Giracoin, including for example hyperledger fabric, which further increases the security, flexibility and attractiveness of the platform.

For further information and to request an interview, please contact:

KCCC Korfmann Corporate Communications Consulting AG Dr Sabina Korfmann-Bodenmann

Zeltweg 40

CH-8032 Zurich

  1. +41 43 244 87 37
  2. s.korfmann@kccc.ch

Gian-Carlo Collenberg

CEO Gira Financial Group AG Bahnhofstrasse 2

6052 Hergiswil

(Español) Diferencias y Similitudes entre Giracoin & Bitcoin

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