CRYPTO NEWS

The Cryptocurrency of Switzerland

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Protected: (Español) Reunión privada en la naciones unidas

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(Español) Regulación de la criptomoneda en todo el mundo

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Swiss Company to Lower Crypto-Mining Energy Costs by Renting Out Unused Swiss Alps Buildings

A Swiss company believes it has found a way to kill two birds with one stone. The birds would be the massive energy consumption of crypto-mining and the utilization of the dilapidated buildings scattered across the country’s borders.

As for the stone, Swiss Alps Energy (SAE) proposes that mining rigs be installed in these decaying buildings all over the Swiss Alps in the form of what it calls a “sophisticated modular cube system.” These pre-built structures are claimed to be flexible, malleable and automated, and require minimum maintenance. A central management system will go along these specialized cubes to ensure that maximum mining potential is reached, Cointelegraph reported.

The SAE is attacking this spiraling energy consumption of mining activities on multiple fronts. The company is designing what it calls an Organic Ranking Cycle (ORC), which takes wasted byproduct energy from intensive mining exertion to power mining cubes with a specialized ecological design. And because these cubes are placed at high-altitude areas, the temperature of -15 degrees Celsius will render air-conditioning installation completely unnecessary.

Switzerland has been at the forefront in pushing renewable energy as the primary source of electricity. And hydropower is at the center of this endeavor. The country’s regulation on renewable energy will create power from 2,831 gigawatt hours in 2017 to at least 11,400 gigawatt hours by 2035. Power production will come not only from hydroelectricity but will integrate solar, wind, biomass and geothermal energy as a source of clean energy.

As such, Switzerland boasts a “good and cheap supply of renewable energy” for miners who choose to set up mining rigs in the country. And crypto-miners will undoubtedly be drawn to this as energy cost takes a big chunk out of their profits.

Individuals or businesses are given the option to rent or purchase these SAM cubes that can be remotely operated in the Swiss Alps or installed in other areas. SAE estimates that a $65,000 investment in this project will yield a $235,000 return in three years.

Moreover, investors will be assisted using the company’s SAM Smart Mining called SamaiX. The system employs an artificial intelligence platform that will conduct market calculations to identify which coin currently has the greatest potential to yield profits. This way, investors can monitor the rise and fall of different cryptocurrencies and make an informed decision on how to adjust their strategy.

By revitalizing these unused buildings, the company hopes to lift the weight off people who consider these tenements a burden and simultaneously preserve their cultural heritage. While breathtaking sceneries are what the country is known for, this endeavor will help transform local economies into a digital haven, giving a financial boost to those involved.

The first SAM cube began its operation in February 2018, with buildings being rented by investors. The company means to rent out or lease more of these buildings in the coming months, with the cubes slated to go on sale at the end of 2018.

The private sale began in May, while the company’s open-ended initial coin offering (ICO) will start in June. The goal is to reach $96 million through a process involving four stages.

More information and purchase: http://swiss-alpsmining.com

Original Source:  Cointelegraph

(Español) La minería de Bitcoin desperdicia grandes cantidades de energía, daña el medio ambiente

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(Español) Sergey Shneyerson, nuevo asesor de Gira Financial Group AG

Sergey Shneyerson appointed as a new member of the Senior Advisory
Committee at Gira Financial Group AG
Gira Financial Group AG is consolidating its business activities and engaging Sergey Shneyerson as an additional member of its Senior Advisory Committee.
The fintech company Gira Financial Group AG (GFG) is strengthening its strategic focus in the area of blockchain-based services for third parties and adding to its project portfolio. Sergey Shneyerson is joining its Senior Advisory Committee with immediate effect to support this development. A proven financial expert, he will make an important contribution to the rollout of new projects and the implementation of the business strategy.

Sergey Shneyerson, 52, is the founding partner of Basil Street Advisory in New York, an advisory firm that develops growth strategies and arranges financing and M&A transactions for private equity firms and businesses in the high technology, fintech, digital transformation and IoT (Internet of Things) markets. Sergey Shneyerson studied Economics and Construction Management at the Moscow
Institute of Railroad Transport Engineers (Mirte) and has a Master’s in Business Administration (MBA) degree from the renowned J.L. Kellogg School of Management at Northwestern University in Illinois.

He began his career with the Boston Consulting Group, where he helped develop software, IT and ecommerce strategies for major listed US companies. He went on to work in senior positions at Switchouse (Amazon), Exigen Group, Mirantis and Microsoft. At all these companies he had key responsibility for research and development, implementation and business development in connection with technological processes, e-commerce platforms, cloud computing, digital
transformation and the handling of financing arrangements and M&A transactions.
As a private equity expert and one of the world’s leading specialists in technological transformation and new digital business models, Sergey Shneyerson is an impressive addition to GFG’s Senior Advisory Committee.

In addition to Sergey Shneyerson, GFG’s Senior Advisory Committee comprises: Dr Sabina KorfmannBodenmann, financial expert and owner of Korfmann Corporate Communications Consulting AG
(KCCC), which specialises in financial institutions; Dr Daniel Rytz, chemical engineer and expert in process optimisation and organisational procedures; George Schmidt, Head of Financial Services at Accenture and a specialist in digital transformation.

 

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.

 

For more information about the project and to be able to buy mining packages from the Swiss Giracoin cryptocurrency, click on the following button:

Switzerland Becomes First Ever Country to Roll out Specific Guidelines for ICOs

It was initially reported that Gibraltar could be the first ever country to introduce specific rules for initial coin offerings (ICOs); however, in one swift move, it very recently got surpassed by Switzerland.

Unlike Gibraltar, Switzerland did not just announce its plans but went ahead to roll out its actual guidelines on ICOs.

In an announcement made through its site, the Swiss Financial Market Supervisory Authority (FINMA) published guidelines which pertained to the fundraising mechanism that became one of the most famous phenomena of 2017.

The guidelines, which work in addition to FINMA’s Guidance 04/2017, provide details to ICO executors on how an ICO should be initiated, managed and concluded in order to ensure complete transparency and effective handling of funds, as well as the deliverance of products and services promised to stakeholders.

The guidelines are detailed and helpful

Some key points from the guidelines allude towards the thoroughness with which FINMA has studied the functions of ICOs.

For instance, FINMA explains that not all ICOs can be judged under the same perspective, as the tokens that are distributed through the ICOs are not the same. It elaborates by mentioning how “payment tokens” are cryptocurrencies but “utility tokens” provide access to the ICO’s intended platform, while “asset tokens” signify the representation of real-world physical assets or revenue streams.

Building upon this classification of tokens, FINMA elaborates that ICOs could be identified under these labels as well, such as “payment ICOs,” “utility ICOS,” and “asset ICOs.”

It then describes that due to these different types of tokens and ICOs, each ICO needs to be treated with an approach that is designed for it, but the overall guidelines provide enough information for any executor to ensure that they are meeting some of the most important requirements.

However, it does not turn a blind eye to the fact that there would be ICOs which have tokens performing more than one function. For instance, a “payment token” could also serve as an “asset token.”

In those instances, FINMA assures the executors that if they have any questions for these “hybrid” ICOs, then FINMA personnel can look into their case and elaborate the guidelines on a case to case basis.

The guidelines take a comprehensive approach towards anti-money laundering and securities regulations, highlighting their importance towards ICOs and how several ICOs could very well fall under different acts about these requirements, for which they will need to be studied effectively.

FINMA also mentioned that the guidelines are put in place for the protection of investors, and are very important to follow because, under the country’s current civil law, it is uncertain whether a blockchain contract or agreement – which ICOs go by – is legally binding.

However, that did not stop FINMA from commending the effectiveness of blockchain technology, with its CEO, Mark Branson mentioning that it has “innovative potential within and far beyond the financial markets.”

This will go a long way in helping other regulatory authorities

Since this is the first of its kind move by a major financial regulatory authority, it will help authorities from other jurisdictions in developing their own guidelines of this sort especially because these guidelines address specific issues identified in ICOs, and with the regulator, FINMA, offering its help to explain them further to those who are in need of it.

If this approach gets to be successful in Switzerland, then this most certainly can influence other countries’ methodologies towards ICOs as well.

Gira Financial Group AG, the developer of Giracoin, being a member of SRO PolyReg, Zürich, holds a position of strength in the Swiss cryptocurrency domain. The company, founded in 2016, has steadily sailed towards success, with Giracoin gaining rapid traction, not only among investors in the country, but from across the globe.

Given its innovative mining process that puts it within the grasp of people across the globe, Giracoin is well and truly on its way towards placing the country back on high growth trajectory in the booming cryptocurrencysector.

If you liked what you read here, I offer you the possibility of receiving more information on how to become part of this Giracoin movement and how to receive profits for it. Click on the next button and let yourself be guided by your intuition.

 

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

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

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Quantum Fork & Giracoin 2.0

Quantum Fork

Gira Financial Group wappnet sich für die Zukunft und setzt die Giracoin 2.0 Blockchain auf der Basis von Hyper ledger und der Ethereum Virtual Machine (EVM) auf. Wir treten in ein neues Zeitalter der digitalen Transformation ein und verlassen die Einbahn einer reinen Kryptowährung. Mit der neuen Blockchain sind wir für die Revolution der digitalen Welt bereit. Sei es die Interaktion zwischen Mensch und Maschine oder die Kommunikation von Maschine zu Maschine – wir machen einen Quantensprung.

Giracoin 2.0

Die Revolution von heute ist die digitale Transformation. Alle Branchen erfahren disruptive Veränderungen, der Dienstleistungssektor befindet sich bereits tief im Wandel der Digitalisierung. Nutzer erwarten Smart Services aus individuellen Paketen, Produkten und Dienstleistungen. Die Digitalisierung 2.0 ist nun bei der Industrie 4.0 angekommen, wo die Interaktion zwischen Mensch und Maschine und die Kommunikation von Maschine zu Maschine eine gewichtige Rolle spielen. Die digitale Welt verlangt verbindliche Verträge und die intelligente Verarbeitung der Daten. Prozesse sollen transparent und nachvollziehbar sein, und gleichzeitig müssen der Datenschutz und die eigene Identität hohen Sicherheits Ansprüchen genügen. Giracoin 2.0 ist den Anforderungen der Zukunft gewachsen. Mit der Ethereum Virtual Machine (EVM) als Basis für die Währung und Hyper ledger als Schweizer Taschenmesser unter den Distributed-ledger-Technologien, kann die Plattform Giracoin 2.0 traditionelle und künftige Prozesse der digitalen Welt vereinen. Dank dem modularen Ansatz kann Giracoin 2.0 jederzeit mit neuen Technologien ergänzt werden.

Gira Financial Group wappnet sich für die Zukunft und setzt die Giracoin 2.0 Blockchain auf der Basis von Hyper ledger und der Ethereum Virtual Machine (EVM) auf. Wir treten in ein neues Zeitalter der digitalen Transformation ein und verlassen die Einbahn einer reinen Kryptowährung. Mit der neuen Blockchain sind wir für die Revolution der digitalen Welt bereit. Sei es die Interaktion zwischen Mensch und Maschine oder die Kommunikation von Maschine zu Maschine – wir machen einen Quantensprung.

 

Giracoin 2.0

Die Revolution von heute ist die digitale Transformation. Alle Branchen erfahren disruptive Veränderungen, der Dienstleistungssektor befindet sich bereits tief im Wandel der Digitalisierung. Nutzer erwarten Smart Services aus individuellen Paketen, Produkten und Dienstleistungen. Die Digitalisierung 2.0 ist nun bei der Industrie 4.0 angekommen, wo die Interaktion zwischen Mensch und Maschine und die Kommunikation von Maschine zu Maschine eine gewichtige Rolle spielen. Die digitale Welt verlangt verbindliche Verträge und die intelligente Verarbeitung der Daten. Prozesse sollen transparent und nachvollziehbar sein, und gleichzeitig müssen der Datenschutz und die eigene Identität hohen Sicherheits Ansprüchen genügen. Giracoin 2.0 ist den Anforderungen der Zukunft gewachsen. Mit der Ethereum Virtual Machine (EVM) als Basis für die Währung und Hyper ledger als Schweizer Taschenmesser unter den Distributed-ledger-Technologien, kann die Plattform Giracoin 2.0 traditionelle und künftige Prozesse der digitalen Welt vereinen. Dank dem modularen Ansatz kann Giracoin 2.0 jederzeit mit neuen Technologien ergänzt werden.

 

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.

(Español) Criptomoneda Suiza Giracoin

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