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      "memo": "Dear @altcocollector. Hope you don't mind this memo. If you do then please let me know and I will not bother you again in the future. Just wanted to share with you link to amazing publication related to ARTIFICIAL INTELLIGENCE by my friend @neavvy. He \"touched\" very interesting topic: could AI disturb and dominate social media platforms (including Steemit) in the nearest future? I would LOVE to hear your opinion on that particular topic. Check out my comment and share your view. Yours, Piotr // LINK: https://steemit.com/steemstem/@crypto.piotr/re-neavvy-ai-learns-to-play-flappy-bird-the-impact-of-machine-learning-on-steem-blockchain-20190310t074433939z",
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      "memo": "Hi @altcocollector. Im sending this memo to you only because you're following me. I hope you don't mind. Currently Im trying to find a ways to support crypto community here on Steemit and I decided to delegate 1200 SP to curators and solid bloggers. Perhaps this is something that you would find interesting. Please check out my latest post: https://steemit.com/steemit/@crypto.piotr/delegating-up-to-1200-steem-power-to-curators-and-solid-bloggers  , Yours, Piotr",
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      "author": "altcocollector",
      "body": "@@ -8243,16 +8243,546 @@\n uture!%0A%0A\n+You can read more about Vault12 on their %5BWebsite,%5D(https://vault12.com/) %5BTelegram%5D(https://t.me/vault12) & %5BTwitter%5D(https://twitter.com/_vault12_).%0A%0AFollow us on %5BTwitter%5D(https://twitter.com/namastecrypto) and %5BSteemit%5D(https://steemit.com/@altcocollector).%0A%0ANote: This is not financial advice or a recommendation to invest in this or any other ICO. Investors must perform their own due diligence and not rely on external ratings to make their final investment decisions. ICOs are risky and 100%25 loss of capital is possible.%0A%0A\n **Refere\n",
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      "memo": "Promote your post. Your post will be min. 10  resteemed with over 13000  followers and min. 25  Upvote Different account (5000  STEEM POWER). Your post will be more popular and you will find new friends. Send 0.5 SBD or STEEM to @allaz (post URL as memo ) Service Active.",
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      "author": "altcocollector",
      "body": "![vault12.jpg](https://cdn.steemitimages.com/DQmV23GZyQdUfXFRbb7CT5iZVw2MYwNCRQRZebbsuFWJmbm/vault12.jpg)\n\n**Introduction**\n\nEach of us own assets that are dear to us and the asset could be hard cash, jewellery, legal documents and prized artefacts and so on.  The assets and their value may vary according to each individual’s taste, sensibilities and of course affordability. Irrespective of the kind of asset we own, protecting our assets is equally important as the ownership. The more pricey the asset, the higher will be the need for safeguarding the asset. We use traditional means of storage, viz. safe deposit boxes at home or banks, which are not necessarily foolproof as they are open to a variety of threats, such as robbery, theft, natural disasters, and so on.\n\nWith the technology revolution that has impacted most aspects of human life, the rules of the economy are also being re-written.  It is no wonder today we are looking at the onset of digital assets. Their increasing popularity has led to more and more individuals opting to own digital or crypto assets, including cryptocurrencies (example: Bitcoins). Cryptocurrency is a medium of exchange for secure financial transactions with the ability to create additional units and verify the transfer of assets. Cryptocurrencies are some of the most valuable assets one can own. As in the case of traditional assets, owners of crypto assets will want no less than reliable means to safeguard their precious assets.\n\n**Challenge: Safeguarding the Digital Assets**\n\nThe USP of cryptocurrency assets is that the owner has full control of their access. While this is a huge plus for the owners, the mechanism also comes with its fair share of disadvantages and risks.  The cryptocurrency assets are stored either in hardware/software wallets or centralised online accounts. The owners run the risk of forgetting the keys and the last resort back up provided by the wallet vendors in the form of 12/24 pass codes are generally stored on pieces of paper in bank safe deposit boxes. Such storage means are open to thefts, robbery or natural disasters, thereby rendering them highly untrustworthy.\n\nThe centralized online accounts are open to hacker threats, and the digital world has already experienced such threats having materialized in cases like MtGox (2014)1, Bitstamp (2015)2, Bitfinex (2016)3 and Coincheck (2018)4. Depending on third parties like Banks or online storage vendors is in direct contrast to the core principle of crypto assets that professes singular and direct ownership for owners.  So, online account storage turns out to be as ineffective in providing security as the wallets.\n \nLack of reliable custody/access mechanism builds scepticism and does hinder wider adoption of digital assets (cryptocurrencies) in the global economy.\n\n**Need of the Hour**\n\nThe biggest bane in the current security mechanism is that the keys and the passcodes are in a centralized environment. \n\nInterestingly, the Winklevoss twins, Tyler and Cameron, tried to address this challenge uniquely. To safeguard their $1.3billion digital fortune, they cut up the bitcoin key and stored the different pieces in different bank vaults across America! While the idea is unique, it is extremely cumbersome and impractical to adopt as a general solution to the current challenge.  The need of the hour is a decentralized storage system that is modern, digital and easy to use. \n\n**The Solution**\n\nBorrowing from the Winklevoss Twins’ logic, Vault12 has built a platform to address the digital custody problems using a decentralized storage system and a powerful cryptography algorithm, ‘Shamir’s Secret Sharing’5.  \n\n![vault12.png](https://cdn.steemitimages.com/DQmaQMoNSFTBCCAwhRNozYwxB1ijp4yE33D3eobXriHYPqt/vault12.png)\n\nThis platform enables the crypto owners to store and secure their crypto assets risk-free with complete control. In a smart approach, this system uses the mobile devices of an owner’s trusted circle of friends and family to form a meshed network for distributed storage of the keys. The cryptographic algorithm shards (divides) the keys, passcodes or documents into multiple pieces and distributes them across different trusted devices authorized by the owner.\n\nFor the owner to restore the keys or documents, a predetermined number of devices have to recall a certain amount of these shards or pieces. The most significant advantage is that these pieces individually do not carry any significant data that can be breached for malicious intent.  \n\n**How does it work?**\n\nThe mechanism involves three tiers of trust. The highest tier is, of course, the owner and his phone becomes the master device. \n\nThe next tier is made up of a group of close family and friends authorized by the owner. They are called the ‘Guardians’. The owner can add his personal mobile device/s as a guardian device/s. \n\nThe last tier consists of connections pertaining to the owner’s network of casual contacts. These may not be trustworthy but help in increasing the redundancy.  Together, the guardian and the acquaintance devices are called the ‘Custodians’.\n\nOnce the above tiers are set up by the owner, he opens a vault of distributed storage on these storage nodes. The app on the master device converts the private keys or the critical data into encrypted shards which are in turn distributed to the custodians for permanent storage. Once the shards are transmitted, the app verifies the storage in a trusted group and is responsible for monitoring the health of the vault from time to time. An active vault generates new shards dynamically in the event of owner inviting new Guardians.\n\nThe owner can unlock the vault by requesting for a threshold number of shards from the custodian devices by using social verification. Upon collecting the threshold number of shards, the master device reconstructs the private crypto asset data and allows the owner access and use of the said data.\n\nIn the event of loss or compromise of the master device, the owner is safeguarded as there is no critical data stored on the master device. He can still access his crypto asset data by seeking the restoration shards from the guardian devices.\n\n**Key Features of Vault12 design:**\n\n**Decentralization:** Vault12 is a fully decentralized platform thereby eliminating the dependency on a centralized point. \n\n**Easy to Install and operate:** Any user can download the app on a device, install and operate efficiently. \n\n**Redundancy:** The platform offers a high redundancy by allowing the user to add more custodian devices. Thereby, the platform offers scalability and reliability. \n\n**Incremental Access:** Access (easy to more complicated) is granted based on the importance of the information stored. \n\n**Privacy:** The owner enjoys full privacy as the asset data is invisible even within the trusted circle.\n\n**Social Verification:** Owner can unlock asset data only when one of the guardians approve his identity, thereby eliminating the risk of the breach at the access level.\n\n**Fool-proof:** Vault12 does not allow the breach of data even if a group of custodians form collusion to access the data. The asset data is safeguarded even in the event of loss or compromise of the device, natural disasters and other threats.\n\nThese key features make Vault12 the best cryptographically secure system in business and one of its kind!\n\n![vault12_2.png](https://cdn.steemitimages.com/DQmNUVt7y58uh61satMV4SkjnyFZbNX2gs79d26hGRvSeDu/vault12_2.png)\n***Co-founder of Vault12 - Max Skibinsky speaking at a conference.***\n\n**Conclusion**\nIt is shocking to note that the number of cryptocurrencies permanently lost owing to missing keys / forgotten keys are higher than those lost due to hacking and other reasons. Needless to say that the owners of crypto assets are in dire need of a sophisticated security system that safeguards their treasure from all variety of threats and most of all is simple to manage.\n\nBy introducing a distributed, decentralized and serverless digital custody solution, Vault12 has done just that! Designed to be used alongside traditional hardware, software and online wallets, the Vault12 solution is the first of its kind – just what the industry needed today and in future!\n\n**References:**\n\n1: https://medium.com/@jimmysong/mt-gox-hack-technical-explanation-37ea5549f715\n2: https://arstechnica.com/information-technology/2015/01/bitcoin-exchange-bitstamp-claims-hacksiphoned-up-to-5-2-million\n3: https://www.theguardian.com/technology/2016/aug/07/bitfinex-exchange-customers-receive-36percent-loss-tokens\n4: http://time.com/money/5123018/coinchec-nem-hack-how-the-hackers-pulled-it-off\n5: “Hierarchical Threshold Secret Sharing”",
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      "body": "Cappasity is listed in one of the best exchanges like KuCoin. And KuCoin is now celebrating their anniversary! https://www.reddit.com/r/kucoin/comments/9g1xjx/now_open_kucoins_anniversary_celebration/ .. Its open now so better not miss this one out.",
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      "body": "@@ -5461,16 +5461,92 @@\n le1.png)\n+%0ASeele%E2%80%99s Chief Scientist Dr. Wei Bi being interviewed at Huobi Carnival 2018\n %0A%0ASeele \n",
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      "body": "@@ -1,8 +1,111 @@\n+!%5Bseele.png%5D(https://cdn.steemitimages.com/DQmY4Ufn7KD4xkh4AGdT1U6MoYWFEEa6UB8AxcfNh3sW7Ld/seele.png)%0A%0A\n **%E2%80%98Seele\n@@ -5354,24 +5354,129 @@\n Internet**%0A%0A\n+!%5Bseele1.png%5D(https://cdn.steemitimages.com/DQmcL2qrVYqh1x1FvnCatpVTfrPB5jevntSW8mJiwuYNAsy/seele1.png)%0A%0A\n Seele will b\n",
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      "body": "**‘Seele the Savior’**\n\nThe universe has been open towards the new novelties of which most of them like the internet which now has become a part of our everyday life. Now, we have a new invention and it is the arrival of blockchain technology and its applications. The rise of blockchain technology has steered to the primer of cryptocurrency which has the prospect to alter the financial sector and can become the conventional form of payment. \n\nPresently, the world is still thoughtful and uncertain about it, but this might also take over our lives as the internet does it today. The cryptocurrencies like Bitcoin, Etheruem, Cosmos, etc. are the first of its type that was introduced, it was evident that many questions convoyed them and because of those problems, it was not easy to smear the current blockchain technology to the state it was. \n\nThese problems encompassed the futile nature of smearing it on a very large scale transaction, the incapability to the device it to support multiple circumstances, and the delinquency it had while trying to interchange information on the blockchain platform.\n\n**‘The birth of Seele’**\n\nTo address these issues the “Seele” was given birth. Seele is a project technologically advanced with the objective of impending most of the issues present in the existing blockchain technology. Seele has the capability to address the snags of the blockchain, the communication protocols, the network structures, consensus algorithms, and the application environment besides the progression of Blockchain and the conventions of the value-added Internet. A new neural consensus algorithm is anticipated to mend the fault forbearance from 33% to 40% deprived of the cost of performance associated with the BA Algorithm. \n\nFor blockchain to be accepted by a large part of the world to stand on centralized platforms, users must be confident that they will receive better services from decentralization than centralized applications. This means improved security, better operational speed, competent value interchange, enhanced storage, and multiplicity should be accessible through this conventions. \n\nSeele’s notion is to turn it all upside down. If this prophecy thrives, Seele protocols will turn out to be the mainstay of a new Internet era driven by blockchain.\n\nEach of these enhancements will work to make blockchain enhanced so easily embraced by the majority of the cryptocurrency lovers. Seele steers the direction blockchain can take in the future and proficient stockholders have by now perceived its perspective as a universal change platform. \n\n**Reasons to use Seele**\n\nSeele trusts that the blockchain technology is intended at building a new platform for performing bounteous as well as large-scale safe collaboration amid individuals and large establishments. Seele advances modernization theory and a technical solution to the tangible mandate in the Internet industry. Seele trusts that another vital fact for a business association is the establishment of a global tool for multi-industry and cross-domain applications. \n\nThe beliefs and concepts of Seele are huge. Here are 5 topmost reasons on why ‘Seele’ is called the Blockchain 4.0 and why should we strongly go for it.\n\n**Optimized Storage**\n\nThe traditional blockchain is irreversible, so any information warehoused on a certain blockchain will certainly not be scrapped or altered. This is probably to cause a data storage issue when the members in a specific chain surge or when additional data is fed into that chain. Seele handles this issue with two types of storage facilities called the IFPS (off-chain) and NVTP (on-chain).  \n\nStoring data in the Seele protocol encompasses easy steps. Data retrieval is simplified by the hash process. When retrieving data, once the hash is provided, the node that stored that data can easily be located. Data or metadata kept in the chain will afford the data security and confidentiality.\n\n**Grid Computing / Virtual Machines**\n\nSeele will be using their own virtual machine (VM) and sandbox for better performance and data protection. On the basis of collective computing, Seele offers a new method of calculation. Through the control and coordination of contracts, the distributed computing procedure can be protracted to off-chain sources, and data is disseminated to the individual’s system via the sandbox or Distributed cluster feeding platform. \n\nAny solution provider with delicate information can believe the Seele protocol with their information as it will be protected at all whiles still being adjustable to the necessities that may ascend as more individuals embrace the blockchain technology.\n\n**The data is of course very safe!**\n\nOf course, running any application on blockchain has benefits that integrated applications do not have. Improved data confidentiality and pellucidity will gain over expediency that centralization will have. In Seele, via the smart contracts, the data is directed to the implementation environment in the encapsulated sandbox, and the implementation environment is split into two sorts of cases and that is located on the virtual contract machine and on the computer resources outside the chain. So your data is absolutely safe!\n\n**The road to value Internet**\n\nSeele will be a virtuous resolution for the Internet of things for of its dominance in distributed computing, Management of data, data confidentiality and transparency. Seele, built on the EDA consensus algorithm, through its radical-low power intake and extraordinary concurrency competence, will lay a strong foundation to the value internet. \n\n**Communal Platform**\n\nSeele will afford the developers with a prodigious platform that can provide all of their ground-breaking notions to offer booties to the consumers of their applications and to lure even more people into the Seele protocol. Seele also possesses the undeviating scalability that is sustained by its structural design. It permits the platform to nurture without negotiating the eminence of the service provided. Seele will also have an error forbearance level of 40% when compared with the Byzantine agreement which is around 7% only. \n\nWaiting to witness Seele unleashing its potential!\n\nYou can read more about Seele on their [Website](https://seele.pro/) and [Telegram.](https://t.me/seeletech)\n\nFollow us on [Twitter](https://twitter.com/namastecrypto) and [Steemit.](https://steemit.com/@altcocollector)\n\nNote: This is not financial advice or a recommendation to invest in this or any other ICO. Investors must perform their own due diligence and not rely on external ratings to make their final investment decisions. ICOs are risky and 100% loss of capital is possible.",
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      "body": "![Fundrequest1.jpg](https://cdn.steemitimages.com/DQmc5LLiFknuRF7cbM4447heeP7z7rYjLS6YK3oVsDxRp4w/Fundrequest1.jpg)\n\n**Introduction**\n\nOpen Source Software has revolutionized the process of software development, and it is no wonder that it has been gaining popularity, considering the advantages it brings to the table – better transparency, increased flexibility and lower risk of piracy.\n\nOpen Source Software (OSS) is software whose source code is freely available – which can be accessed, modified and further shared freely by the public. OSS can be described as a collaborative development between multiple independent contributors.  A 2008 report by the Standish Group states that adoption of open-source software models has resulted in [savings of about $60 billion (£48 billion) per year to consumers.](https://en.wikipedia.org/wiki/Open-source_software).\n\nThe user base of open source platforms has been consistently spiking, and [GitHub, one of the largest platforms for open source projects boasts of 24 million users.](​https://github.com/blog/1359-the-octoverse-in-2012)\n\nIn spite of all the above positive developments, it has been observed that almost 80% of the open source projects fail before completion. This phenomenon could be attributed to the inability of developers to continuously give time for development, lack of developer interest and also lack of adequate financial incentives to developers.      \n\nAnother significant development in the recent years is the rise of gig economy! A gig economy is a business environment wherein temporary positions are common, and organizations prefer short-term contractual arrangements with independent workers than full-time employment.\n\n**FundRequest**\n\nLeveraging the above phenomena, FundRequest intends to be the bridge connecting organizations and developers on a common platform, creating a win-win scenario for both the parties involved. Companies and individuals who are looking for software development can have access to quality developers and a more affordable solution than opting for traditional software. Developers can work on challenging assignments and make additional income. \n\nFundRequest provides a secure and easy mechanism for bug fixes, and feature builds on any project by employing blockchain technology and smart contracts.\n\nFundRequest’s vision is to eliminate the problems faced by Opensource projects and provide a congenial environment for their success.\n\n**Salient Features**\n\n* Blockchain technology and smart contracts are the building blocks of FundRequest, enabling the transactions on the platform to be transparent and reliable. \n\n* Use of FND tokens (cryptocurrency) for incentivizing developers for their efforts in resolving issues uploaded on the platform. \n\n* Use of smart contracts enables a fair distribution of tokens on completion of work and as per the laid down terms in the agreement.\n\n* Unlike other existing platforms, FundRequest charges service fees to neither developers nor the organizations posting requests.\n\n* The Ethereum protocol enables decentralization resulting in the more economical execution of projects than the conventional ones.\n\n* Blockchain technology allows other services to access FundRequest platform to avail the benefits of the work already done on the platform.\n\n\n**How does it work?**\n\nAn individual, a group or an organization, referred to as ‘Funder’ puts up a request on the platform and adds funds as a payout for resolution of the request.  FundRequest locks these funds in a smart contract and acts as an escrow service.\n\nThe request can be an invitation for working on an existing project or developing a new project. Requests could be small, say a bug fix or a query and large such as a new feature or a project.  \n\nCurrently, FundRequest allows a funder to submit his request through GitHub and plans to add other platforms, like Jira, Asana soon.\n\nA ‘Solver” accepts the request and confirms to participate in resolving the request. A solver could be an individual, a group or an organization.\n\nOnce the solver completes the request, he stakes his claim for the reward. \n\nThe project owner gets the notification about the claim and validates the claim for reward and a cooldown period is initiated, during which the funds remain frozen. Cooldown period provides an opportunity to either party to raise a dispute. \n\nOnce the cooldown period is over, the solver can withdraw the funds. The funds are issued in the form of the native cryptocurrency, FND tokens. These tokens are ERC20 compliant. Most significantly, FundRequest extends flexibility by allowing other Ethereum projects to use their own ERC20 token.  This is a big plus as it gives freedom to any project to use FundRequest platform to further its development efforts using its own ERC20 token without the hassle of using only the native currency. \n\nAdditionally, a solver is awarded non-transferrable skill tokens from SkillToken Factory which recognize the specific skills of the solver. SkillToken Factory is a decentralized system that manages the skill tokens, which are issued for proven work, skill, and integrity.  Integrity is proven by participating in governance voting and casting a vote honorably and honestly!\n\n**Crowdfunding**\n\nFundRequest enables crowdfunding of requests in the event a request is relevant to more parties. Crowdfunding brings in more resources and funds to the table, thereby increasing the incentives for solvers. Crowdfunding also results in reduced cost for individual funders.\n\n**Team concept**\n\nWhen a specific development work requires more than one developer or multiple skills, FundRequest allows a group of individuals to form a project team and apply for completion of the request. A team owner will manage such teams and can invite new team members to the team.\n\n**Privacy**\n\nTo maintain confidentiality and privacy of specific requests, FundRequest allows Funders to create private requests and invite known developers and teams to help them. Solvers with higher skill tokens have increased opportunities to get invited by Funders for such private requests.\n\n**Flat Currency and other tokens**\n\nTo widen the scope of its adoption, FundRequest intends to enable funding of requests also through fiat currencies, in addition to the ERC20 tokens, currently acceptable. \n\n**Building Blocks**\n\nIn addition to using Blockchain technology and smart contracts, FundRequest provides an API to allow easy integration of its core systems with the clients.\n\nAn efficient and easy to use front end along with browser plugins are intended to provide an enhanced user experience and effective services to the clients. These plugins enable integration with existing platforms such as Github and allow users to access FundRequest services from within these platforms. \n\n**Github Browser Plugin: how does it work?**\n\nA user installs and enables FundRequest Browser plugin. As FundRequest plugin seamlessly integrates with the Github interface, the user can easily browse any issue on Github. The plugin integrates with MetaMask to manage all the transactions. The plugin can identify which issue has been funded by a user and updates the interface accordingly.\n\nA user can add more funds for an issue he wants to be resolved, and he can also request a refund of the funds he assigned to an issue.\n\nHere is a quick reference guide to understanding how the [Github browser plugin works:](https://goo.gl/MV2yXF)\n    \n**Roadmap**\n\nFundRequest has already ticked off on two significant milestones, namely, having the first functioning version live and bagging ‘Exchange Union’ as its maiden customer, who is successfully using FundRequest.\n\nAnother key milestone on FundRequest’s roadmap is to deliver a fully decentralized solution in the near future that is robust with seamless security, authentication, and privacy features.\n![Fundrequest2.jpg](https://cdn.steemitimages.com/DQmXBWvP1NpZk4cKxAxrphhAPpXjrjb6r47z22qdsDfambL/Fundrequest2.jpg)\n*CEO Karel introducing FundRequest and our blockchain use case to the Belgian tech industry.*\n\n**Strategic Partnership**\n\nLed by a team of dynamic and passionate individuals, FundRequest has partnered with an impressive list of illustrious partners, namely, \n\n***Lendroid***\n***SingularityNET***\n***Request Network***\n***Dock.io***\n***Remote***\n***Indorse***\n***Trust Ethereum Wallet***\n***ORCA***\n\n**In the end**\n\nFundRequest is poised to create a decentralized marketplace that is enriched by open source collaboration. An ecosystem that is fair and transparent – that is for the community, by the community, and to the community.\n\nWhat are your views about the Project, please feel free to share them below.\n\nFor more information on FundRequest, jump to their [Website](https://fundrequest.io/) and [Twitter](https://twitter.com/fundrequest_io/)\n \nFollow us on [Twitter.](https://twitter.com/namastecrypto)",
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      "body": "![quadrant1.jpg](https://cdn.steemitimages.com/DQmbJUR2V3hUXgJmfCq2yugBWQGa53gWfKAtqp2v43FGiEs/quadrant1.jpg)\n\nQuadrant is a network protocol that aims to bring Big Data and Blockchain together to solve the problems of Data Economy. Here is an article, giving a preview of what the issues in Data Economy are, and how Quadrant aims to address them.\n\n**What is Big Data and its Manifesto?**\n\nBig Data as the name suggests, a huge amount of data, that is complex, could be structured, semi-structured or unstructured, and is generated at a great velocity.\n\nThe Four Vs can essentially describe the Big Data manifesto – \n\n* **Volume** – Big Data could be of unknown volume or something that runs into terabytes, or sometimes even petabytes.\n\n* **Velocity** – Data is usually generated at a high speed, which may also be needed to be processed at a high velocity, sometimes, as fast as real-time or near real-time.\n\n* **Variety** –  Traditional data was always structured, and easy to process. However, Big Data includes semi-structured and unstructured data, which would need pre-processing before it can be used.\n\n* **Veracity** – This refers to the authenticity or the truthfulness of the data.\n\n**What is the Data Economy?**\n\nTo become valuable, data must be shared across market verticals and organizations, such that it can be used to solve tactical and strategic business problems, to have more efficient operations, to offer better products and services, innovation and good customer experience. The whole ecosystem, where there are producers, vendors and consumers of valuable data, becomes Data Economy.\n\n**What are the Problems in Data Economy?**\n\nWhile having data can change the way an organization or vertical market functions, it is not always simple to obtain, store and process the data. Some of the problems in Data Economy are – \n\n* ***Large volumes of data*** – Not all organizations have the means or the infrastructure to collect, store and process large amounts of data. It is a challenge for small organizations to collect and store their data, owing to the infrastructure costs they would need to bear to process large volumes.\n\n* ***The authenticity of the data*** – Data is mostly used by organizations to feed into algorithms that produce outputs to solve business problems. While purchasing data, consumers want to be sure that the data is compliant with laws and regulations and is authentic, so that the algorithms they are fed into produce the right output.\n\n* ***Fair Remuneration*** – The producers of the data do not get fair compensation for the data they produce because, once the data moves downstream, they do not have any control over it. \n\n**Solving the problems in Data Economy using Blockchain.**\n\nQuadrant Protocol uses blockchain technology as its underlying foundation to solve the problems of Data Economy. It is a blockchain based network protocol that makes it possible for sources to create data of various varieties, vendors to create and distribute data products and consumers to use data while solving the problems of Data Economy. \n\nThis is ensured by these features of Quadrant -\n\n* *The data is authentic.*\n\n* *There is a fair distribution of remuneration.*\n\n* *Aggregating data of great variety and combining them in a manner that creates value.*\n\n* *Providing data in a decentralized manner.*\n\n![quadrant2.jpg](https://cdn.steemitimages.com/DQmZgjjjnd4wETwm8KwCRXuqC99PEeQtpKMHynByscEyphg/quadrant2.jpg)\n*Quadrant Protocol CEO, Mike Davie with Chris Dawe - CEO of Effect.ai during #RISEconf in Hong Kong.*\n\n**Stakeholders and Terminology**\n\nAt the core of the Quadrant, there are various stakeholders – \n\n**Nurseries** – They are the first level producers of data. The data by itself may or may not be valuable and may derive value when it is combined with other data or transformed into another format.\n\n**Stars** – Raw data produced by Nurseries, present on the Quadrant network.\n\n**Constellations** – Group of Stars on the network is called as Constellation. Constellations can be grouped to create Mega Constellations. When Stars are aggregated, combined with other Stars and transformed, a Constellation is created. A Constellation could contain Stars of more than one variety, thereby, bringing together disparate data together to create something of value.\n\n**Pioneers** – Vendors who aggregate, combine, transform and sell data that becomes valuable in its processed form on the Quadrant network. They are the entities who create Constellations.\n\n**Elons** – Entities that use Constellations to create products and services that solve business problems.\n\n**Guardians** – In the blockchain technology, data authenticity is protected by stamping the data blocks with a timestamp and a cryptographic hash, such that any tampering can be detected. In Quadrant terminology, Guardians are master blocks of data which protect the Constellations from being tampered with and provide stamping, authentication, and data verification services. \n\n**How does it ensure fair remuneration to the producers of data?**\n\nTo use data on the Quadrant, Elons would always have to use the Constellations, instead of accessing the Stars directly. 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      "body": "![kleros.png](https://cdn.steemitimages.com/DQmS8EiU4HcXfRCjzu1kPZx9NW7MMKkuRjHfkK3HNPNiojD/kleros.png)\n\n**The would-be Digital Solicitors - KLEROS**\n\nWith the steadfast growth of distributed service delivery and e-commerce, there is an undoubted need for a steady, transparent and profitable service that judges and resolves disputes that usually arises between parties while executing smart contracts. \n\nThis is one of the prime glitches in these industries, and at least in concept, Kleros proposes an exceptional answer from blockchain grounded on dispersed peer evaluation. The sphere is facing an augmented hop of globalization and digitization. An exponentially developing number of trades are conducted online amid people across legal margins. \nKleros is a distributed application based on Ethereum, which works as a devolved middleman to arbitrate disagreements in any deal, from the very simple to the very intricate. The consequence is a difference of opinion settlement system that makes eventual verdicts fast, economical, unswerving and decentralized.\n\n**The Current State Issues**\n\nMillions of devolved applications in tomorrow's economy will depend on intellectual agreements to relax difference of opinion via negotiation. The problem now is the shrewd pacts that are incompetent of making independent verdicts or factoring data from an exterior blockchain. Prevailing dispute defrayal technologies are slow, expensive and unreliable. \n\nKleros practices the game theory and blockchain in a multi-purpose negotiation convention that shields a range of applications in the parts of e-commerce, insurance, finance, travel, global trade, end-user safety, rational ownership, science, and many others. For Kleros to secure mass recognition, they needed a fast, see-through, dependable and dispersed dispute clearance system that makes the ultimate decision on the enforceability of smart agreements.  \n\n**In the E-commerce Sector**\n\nThe internet altered access to data, e-commerce altered cryptocurrencies that transformed trade and finance. The next upsurge of the digital revolt, which comprises AI and smart contracts, has the perspective to change the law and will ease the access to justice. Kleros has fulfilled the place in the revolution. There are many use cases for the product Kleros envisions, from e-commerce to arbitration of freelance contracts, to online gaming. Therefore, it is possible that Kleros can thrive by searching for the first entry into one of these industries. \n\nIf a virtually procured product does not conform to the advertised standards, Kleros decides in favor of the buyer, and a smart contract gives the funds. Underneath the opt-in court system, the contract initiators pick out the number of assessors they want and the category of the court that will oversee their case. Agreement authors obtain various court preferences to pick from. \n\nTo recompense for an Off-chain service or good, the capitals can be positioned in a smart contract. Upon acknowledgment of the goods or service, the purchaser may unravel the funds to the vendor. In the episode of a disagreement, Kleros may perhaps be cast-off to one or the other reimbursement to the buyer or seller.\n\n**A few use cases to understand how Kleros works**\n\n***Use case #1:***\n\n* User A is a buyer based out of Germany. User A finds a freelancer user B in one of the online websites and plans to hire.\n\n* After reading through the job description, price, terms, and conditions user B decides to join User A.\n\n* A few weeks later user B delivers the product. But user A is not happy with the quality of the product delivered by B. \n\n* User A claims that the worth of user B’s product is considerably lesser than anticipated and does not go by the agreement\n\n* But user B responds that he has delivered precisely the same as that what was in the description. Now user A is unsatisfied. In this case user, A cannot hire a lawyer to settle the dispute. Here the dispute can be resolved by a Kleros court.\n\n* Once after the user, B stops to respond back to user A, User A can send the case to Kleros.\n\n* There is a decentralized arbitration system from which some jurors are selected. The jurors will have to place ‘Pinakion’ to get elected as a juror. Now the case goes to one of the skilled jurors who evaluate the website once again by comparing it with the agreement and finds it to be not in-line with the description and hence the smart contract transfers the money back to User A.\n\n***Use case #2:***\n\n* When a user flags another user for plagiarism, the jurors evaluate the content for plagiarism, and when the user is found to be deceptive, the revenue from the song is redirected to the original user.\n\n***Use case #3:***\n\n* During an online gaming event, if a user is found to be double-dealing, the jury evaluates the situation, and the gamer is banned from the platform.\n\n**To Conclude**\n\nKleros proposes a disambiguation determination protocol for the contemporary digital realm that swaps customary areas of disagreements specifically in the E-commerce sector. With the rise of the decentralized delivery of services and e-commerce, there is indeed a pressing need for a reliable, transparent and inexpensive service that judges and resolves disputes that may arise between the parties. \n\nKleros can be cast-off to solve many arguments in a see-through and efficient way. If the customary judicial method takes months to solve some problems, Kleros can resolve them within a matter of days.\n\nTo read more about Kleros, head to their [Website](https://kleros.io/) or [Telegram](https://t.me/kleros)",
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      "body": "![dao.jpeg](https://cdn.steemitimages.com/DQmUS7HryuztezTCFvAix3FTZoPdEVo3hBJhwqTgmUeqowb/dao.jpeg)\n\n**Introduction**\n\nFrom times immemorial, humankind has relied on collaboration with each other for various economic interactions, and the means of collaboration have steadily evolved over the years – from families & tribes to states, organizations and multinational corporations. \n\nAs the organizations grow in size, the coordination cost increases and inefficiencies creep into the system.  Organizations, thereby, get restricted in their ability to grow indefinitely. The innovation of the Internet, the most advanced organization, tried to address the scalability issue by enabling peer-to-peer real-time information exchange on a global scale. However, as the Internet does not support open, peer-to-peer exchange of value and general-purpose coordination, it cannot provide the solution for an indefinitely scalable and open global economic collaboration. \n\nIn this scenario, Blockchain Technology is proving to be a game changer by providing a platform for creating Decentralized Autonomous Organizations (DAO).\n\nDAO’s are the new age, self-organizing, scalable collaborations operated by smart contracts on the blockchain. DAO can be best referred to as an open yet self-organized network that is driven by crypto-economic incentives. DAO provides a revenue model and incentive for the effective production of the open, shareable resources. Through the creation of more and more open resources, DAOs enable indefinite scalability, which is not possible with the traditional organizations. \n\nAlthough considered the future of business, DAO’s are still being bogged down by the lack of a robust governance system.  That means, there are no effective means of taking decisions, that too within a short span of time, in the DAO’s. Unlike traditional organizations, intentionally, the DAO’s are not built on the concept of a hierarchical and centralized decision-making mechanism.  Vesting decision powers with individuals based on the ownership of cryptocurrency will render the system corrupt and untrustworthy! \n\nDAOstack aims to tackle these issues smartly.\n\n**DAOstack, the ultimate solution**\n\nDAOstack provides a holographic governance framework that is infinitely scalable. DAOstack enables quicker and resilient decision making. Holographic refers to the ability of a minority of individuals taking unbiased decisions that are in the best interests of the greater majority!\n\nSecondly, instead of laying down the ground rules in advance and rendering the system rigid, DAOstack allows flexibility by providing a governance framework that is configurable by organizations as they evolve.\n\nMost importantly, DAOstack is designed to provide accessibility to even non-technical individuals to configure any essential changes to the decision-making process or even set up a decentralized organization. Software developers, even without prior knowledge of blockchain technology, have the ease of access to building dAPPS on DAOstack’s backend.\n\nThe process of developing the decentralized applications [DApps] has become more comfortable with the DAOstack as enormous open-source creators can jointly produce them without losing the individual ownership for the product. The collaborations are scalable with the DAOstack and that the DAOs are configured at a glance. The critical components of DAOstack are:\n\n* **Arc:** To progress the DAO governance effectively, a robust framework has been formed with a blend of adaptive modular and upgradable smart contract governance modules. Arc is designed based on the design principles of openness, generality, simplicity, upgradability, interoperability, and modularity!\n\n* **Arc.js:** This is one of the most useful elements for the front-end developers, as, Arc.js provides a framework wherein, the development of the DApps are initiated without getting into the complexity of the blockchain technology. \n\n* **ArcHives:** Refer to the shared and curated records or the registries in the DAOStack ecosystem.  \n\n* **Alchemy:** The ultimate gateway to the DAO, Alchemy is the native interface for the DAOstack. It is the tool for budgeting and resource allocation. Using this interface, thousands of individuals with a common goal can interact with each other and agree on how to spend funds.    \n\n**DAOstack Monetization Model**\n\nAttention is the monetization resource, and GEN is the attention token in the DAOstack ecosystem. To firm up decisions, the attention of voters is needed. This human attention is monetized in the form of GEN tokens and is similar to ‘gas’ in the Ethereum blockchain. These tokens do not buy decisions but only buy attention for proposals. \n\nOne can place a stake for or against a proposal which may or may not be passed by the reputation holders. If the stake placed by an individual (for or against) gets passed accordingly (for or against), on the DAOstack ecosystem, then he/she will be awarded GEN tokens. The individual may lose his/her GEN if the stake is not passed in case of a ‘for’ vote and vice versa. \n\nAs mentioned earlier, DAOstack achieves the resilience and scalability in the decision-making using the holographic consensus concept – similar to a hologram in which each little piece of the 3D image contains the information of the entire picture.\n\n**Conclusion**\n\nDAOstack intends to be the ‘Internet of work’ housing a host of interoperable DAOs who can openly interact with one other, including sharing ideas, learnings and talent with each other. DAOstack’s vision is to create an infinitely scalable, boundary-free and collaborative economy, where there is no disproportionate distribution of power and people are collectively working towards a common goal and are incentivized in alignment with their contributions!  \n\n*DAOstack strives for an open and collective intelligence on a global scale, driven by crypto-economics!*\n\nFor more information on DAOstack watch the video below or go to their [Website](https://daostack.io/en/home) or [Twitter](https://twitter.com/daostack)\n\nhttps://www.youtube.com/watch?v=25wtmzBG1Yg",
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