Markethive’s Initial Loan Procurement (ILP)

Markethive's Initial Loan Procurement (ILP)

Markethive is currently expanding and has completed its whitepaper detailing the complete plan for the next 3 years.  It's a very exciting time for all of us here at Markethive.  Not only is a Markethive Coin being created which will be given away over time, but Markethive has released its first batch of ILPs – 125 of them.  Markethive’s Initial Loan Procurement (MILP) is a legally binding digitized loan agreement managed through the Blockchain that will create access to Markethive's Net Profit. The goal of releasing this first batch is to fund the expansion of Markethive.

One of the attributes of Markethive's ILP is that they are paid back first and then will to continue to share in the net profit for all the future.  Plus, each holder of an ILP will receive a private airdrop of Markethive Coins and some other very special bonuses. 

There are only 10,000 Markethive ILPs allocated – EVER – BUT the net profit will only be shared with the active ILPs.  If only 100 out of 10,000 are active then, profit will be shared amongst the 100 ILPs only.  These ILP will also be transferable and can be exchanged on Markethive's exchange.  

Each of the 125 ILP's value is $10,000 (only accepting Bitcoin) and you can acquire more than one (for those that acquire more than 3 there is a very special bonus).  We also have a referral program that provides a match for those that refer others.

Please contact Douglas @ cto@markethive.net for more information.

PS. The high level of support and recognition we are receiving is confirming that we are at the right place at the right time, case in Point our recent advisor, investor and supporter Andrew Greig.

Come listen to the Chief Visionary / Evangelist of The Electric Universe, Andrew Greig, this Sunday, May 6, 2018 @ 8:00am Central time (check Markethive's Calendar).  Andrew is an “out of the box” thinker who melds an infectious enthusiasm for our planet and all of its inhabitants. Previous positions held by Andrew include CEO & Founder of Vizzeco, the first Android developer-phone in the market; Founder & CEO of Google Global reseller cloud computing; and Founder & CEO of Koolu, named as one of the top 10 green companies to watch by IDC.

Note: Find out how and why Andrews direction and technology will integrate into Markethive and become a primary engine in the Markethive Ecosystem.

This Sunday @ 9:00 AM (eastern)

Honolulu, Hi USA  3:00 AM | Brisbane, Australia 11:00 PM | Bangkok, Thailand 8:00 PM | Mumbai, India 6:30 PM | Jerusalem, Israel4:00 PM | Rome, Italy 3:00 PM | London, United Kingdom 2:00 PM | Buenos Aires, Argentina 10:00 AM | New York, NY USA 9:00 AM | Chicago, IL USA 8:00 AM | Denver, CO USA 7:00 AM | Los Angeles, CA USA 6:00 AM

World Time Clock: https://www.timeanddate.com/time/map/#!cities=1986

Meeting Place: https://www.ivocalize.net/#room/CryptoHive

Markethive: http://markethive.com

PS. Here is a sneak peak at one of the bonuses for ILP holders;

 

 

 

 

 

Taming the Power-Hungry Blockchain Beast with Decentralized, Clean Energy

Taming the Power-Hungry Blockchain Beast with Decentralized,
Clean Energy

Throughout history, every great breakthrough often came with negative consequences

and side effects. Think about Marie Curie. Her research on radioactivity is what makes X-rays possible today. Unfortunately, her discoveries and remarkable research are also what killed her. What about the Internet? It’s the most revolutionary invention for generations and holds countless opportunities that benefit billions of people around the world. However, cybercrime has never been higher and expected to reach $2 tln by 2019. It’s the same story with Blockchain. The technology has the potential to revolutionize every industry it comes into contact with. However, its biggest application remains in the cryptocurrency industry. And with the current excitement surrounding this industry, it’s easy to overlook the side effects that come with such a disruptive breakthrough.

Energy-craving Blockchain can have devastating consequences for the environment

Mining popular cryptocurrencies, such as Bitcoin, requires extremely powerful computer hardware that can solve complex mathematical equations. To run these computers burns up a lot of energy, mostly from non-renewable fossil fuels. And as the price of the digital coin sores so too does the number of people looking to get in on the action. Each and every Bitcoin transaction requires around 215 KWh (kilowatt-hours) to process. In comparison, the average American household uses 900 KWh every month. So around 30 KWh per day.

That means a single Bitcoin transaction uses the same amount of power as seven homes do in an entire day. What’s even more shocking is that a single Bitcoin mine relies on fossil fuels, like coal, can produce as much as 13,000 kg of CO2 emissions per Bitcoin mined. With 300,000 transactions per day, it’s easy to see what a significant impact the process has on the environment. And this is just from one cryptocurrency. Although Ethereum is less energy reliant, a single transaction on this network still requires the same amount of power as nearly two homes. In total, the network is equivalent in power consumption as the whole of Cyprus.

Centralized mining on a decentralized network

On a platform that is inherently decentralized, centralized mining operations seem counterintuitive. However, mining operations gravitate towards countries with cheap electricity. For example, China does over 80 percent of Bitcoin mining due to the country’s cheap supply of electricity. Unfortunately, the power supply comes mostly from dirty, non-renewable sources like coal. The country gets more than 70 percent of their electricity from coal.  In fact, a few years ago, it was reported that China burns as much coal as the rest of the world combined.

Burning coal releases large amounts of CO2 which is one of the biggest causes of the greenhouse effect and global warming. Apart from having a detrimental impact on the environment, large pools of concentrated mining pools spurred on by cheap electricity, have too much influence over the network. Look what happened to the price of Bitcoin when China announced their ban on ICO’s? The price becomes too reliant on single entities. This in stark contrast to the underlying concept of cryptocurrencies and Blockchain as a whole, which adds value exactly because of its dependency on a majority consensus to verify and approve transactions.

However, people and big corporations are becoming more aware of their social responsibilities and the size of the footprint that they leave on this earth. Development and adoption of renewable energy sources have seen a dramatic increase in the last few years, including solar, wind and hydropower. So much so that in many locations, there is an excess supply of electricity from renewable sources, that simply goes to waste. This is in great part due to the fact that the cost of building large-scale solar farms has dropped by as much as 50 percent in five years.

A three-fold solution

Envion is hoping to make cryptocurrency mining cheaper, cleaner and decentralized with their mobile data-centers. They’ve developed automatized mining units which are installed inside shipping containers. These containers can be relocated around the world with relative ease, reducing the dependency on single governments, economies or infrastructures.

The mining units, which exclusively consume power from reusable, green sources, are placed near energy supply points, such as solar plants and wind farms, reducing the cost of “transporting” electricity and enabling them to easily tap into excess energy production. In addition, the company developed a new, self-regulating cooling system, specifically for Blockchain mining, which is up to forty-times more energy-efficient and cost-effective than conventional, AC cooling units.

Envion further promotes environmental friendliness by recycling the energy produced from mining with the strategic placement of the mining units, close to objects and buildings that need heating, including warehouses and greenhouses. This enables them to reduce their energy costs even further. The end result is a mining solution that is more profitable due to lower energy costs, more secure due to mobile mining that puts less reliance on single entities, and more eco-friendly due to the usage of renewable, green power.

An ICO for the environment

Many of the ICO’s we see these days are largely based on Speculation. The EVN token is however fully backed by the hardware that it represents which is already operating successfully. The EVN token will be on sale for 31 days from Dec. 1, 2017, with a max cap of 150 mln. Once invested, token holders will have the right to dividends from the mining operations including 100 percent from proprietary mining operations (75 percent immediately and 25 percent reinvested to boost future payouts) and 35 percent from non-proprietary operations. Finally, token holders will also get a say in company strategy by voting on decisions.

Chuck Reynolds

Marketing Dept
Contributor
Please click either Link to Learn more about -Bitcoin.
Interested or have Questions. Call me 559-474-4614

Can BitIndia Become the Paytm of Digital Money in India?

Can BitIndia Become the Paytm of Digital Money in India?

Bitcoin has been gaining popularity

in one of the most populous countries in the world, India. The digital currency is backed by the Blockchain technology, which has established itself as the driver and backbone in many fields. Both Bitcoin and Blockchain technology have been around since 2009 when Bitcoin emerged on the world stage and have steadily impacted the financial services industry and how it delivers products and services. Recently The Hindu Business Line, an Indian newspaper, quoted Nicolas Cary, President of Blockchain, one of the world’s largest Bitcoin Software

Company as saying:

“Over the past 12 months, we’ve seen unprecedented activity and growth in India. We think India could be the most significant market in the world for digital financial services. Within the next five years, it can potentially be bigger than that of the US.”

However, what will it take for India a country with 22 major languages, a billion plus people a geographic span of 3.2 mln kilometers to get onboard the Blockchain revolution? India needs specific solutions and BitIndia, a company that is promising to deliver a Blockchain wallet and decentralized crypto exchange “for the streets of India,” is emerging as an India centric platform that can act as a driver for the growth of both cryptocurrencies and Blockchain in the subcontinental country.

Indian solutions for India

The Indian market is so diverse and segmented that products and services that do not take an Indian hue and color often fail to impress the local populace. It is also important to understand that the rural population of the country is as high as 68 percent and constitutes a significant economic backbone of the country.

Back in the 1990s when India was undergoing what the local media dubs as ‘liberalization’ of the economy, newly-launched MTV played English music and had only English speaking VJs. Fast forward to today — MTV in India has completely taken a ‘regional’ hue. Businesstoday described the TV channel as neither ‘fish nor fowl.’ Localization and understanding of the market is the key to success for any business in the country and BitIndia is well aware of that. In a whitepaper, they underscore their approach towards

the Indian market:

“BitIndia wants to create a user-friendly, secure, decentralized atmosphere for India so that people can carry everyday transactions through BitIndia wallet. BitIndia further envisions to reach out to every person in India, starting from urban areas to educate at least 20 percent of the population about Blockchain and cryptocurrency.”

Can BitIndia be the Paytm of digital money in India?

BitIndia is emerging as a total financial platform that provides users with a mobile wallet for their Apple and Android devices as well as their web browsers and allows them to store cryptocurrencies securely. They are also working on building an ‘instant exchange,’ which will allow people to transact between digital currencies and the local currencies — this even as the user will have complete control over their private keys.

An Alpha version of the product will be available for download by the end of 2017. The currencies that will be traded on the platform include Bitcoin, Ethereum, Ripple and Litecoin. BitIndia wants to offer comprehensive services for users, who can buy, sell and save in digital currencies, allow merchants to accept payments with very reasonable and low transaction fees and help traders find opportunities to profit from cryptocurrencies. If BitIndia can reach 20 percent of the Indian population as is their stated aim they would be in a position to challenge established players like Paytm, who have already found a niche in the sprawling Indian market. Keep in mind only 0.5 percent of Indian population currently transacts in digital currencies according to BitIndia.

A strong India centric team backed by John McAfee

Cointelegraph covered recently how BitIndia is supported by John McAfee, the founder of the famous McAfee Antivirus. McAfee’s confidence is not misplaced as BitIndia has built a strong team to deliver their platform to the Indian public. John McAfee acts as a partner and advisor in BitIndia.

Sahil Kohli, the CEO of BitIndia knows cryptocurrencies and has a strong background in crypto trading. Kohli is also the co-founder of Applancer.co. Saumil Kohli, Founder of BitIndia, has co-founded two tech companies and also has a crypto trading background. The technology lead is Kunal Nandwani, the founder and CEO of uTrade Solutions, a company operating in the financial trading domain. BitIndia have found support in a strong advisory team which includes Reuben Godfrey, co-founder of the Blockchain Association of Ireland, Victor Wong, CEO of Sparkle Coin and others.

Rearing to go post token sale

BitIndia have recently concluded a token distribution and launched their ERC 20 compatible BitIndia token. They are planning to launch token trading by December 2017. Their roadmap indicates that they would like to create a future in which 25 percent of the global Blockchain trading will occur in India. Not an unlikely scenario if India is to surpass the US as the biggest digital financial services market in the world. The potential is there, the conditions are ripe, and we will all just have to wait and see if BitIndia can snag the opportunity and become the Paytm of digital money in India.

Chuck Reynolds

Marketing Dept
Contributor
Please click either Link to Learn more about -Bitcoin.
Interested or have Questions. Call me 559-474-4614

The New UTRUST Online Payment System

UTRUST Predicts Blockchains Will Provide US $3.7 Trillion Boost to Economic Growth in Emerging Markets and that They will Beat All Competition in the Online Payments Industry

The world’s first Bitcoin and cryptocurrency payments platform with consumer protections, UTRUST will enable the unbanked worldwide to transact with the global financial system, and predicts inclusion in the digital economy could boost GDP of all emerging economies by US $3.7 trillion by 2025.

Payments startup UTRUST believes that with 2.5 billion unbanked people in Emerging Markets to benefit from financial inclusion, blockchain technology has the potential to create nearly 95 million new jobs across all sectors in unbanked nations.

UTRUST’s completed pre-ICO and upcoming fundraising aims to build a global payments platform with extensive cryptocurrency support, ensuring merchants and people in developed and emerging markets have a secure and transparent platform to carry out transactions.

Nuno Correia, UTRUST CEO, said:

UTRUST sees the potential of cryptocurrencies and digital technology to transform financial services provision in both developed and developing markets. The potential gains are particularly exciting in emerging markets where mobile phone penetration could recreate the role physical banking infrastructure plays in developed markets.   

UTRUST aims to develop the world’s first ready-to-use cryptocurrency payments platform aimed in part at the 2.5 billion unbanked people worldwide. UTRUST’s token can be used for making zero fee payments to the thousands of merchants accepting any cryptocurrency via UTRUST, and be traded against other currencies on supported exchange platforms.

UTRUST’s public ICO commences on September 20, 2017 at 2pm GMT. The 7 upcoming ICO rounds will begin immediately after the previous round has sold out, bringing UTRUST to $50 Million of funding, and provide the launchpad required to revolutionize the payments space.

About UTRUST

UTRUST has currently raised $3.5 Million through private investors and the sold out pre ICO, with the public ICO commencing on 20th September 2017.

UTRUST is the world’s first cryptocurrency payments platform to implement consumer protections on a mass scale. The company is building a global PayPallike payments platform with extensive cryptocurrency support.

UTRUST’s end goal is to provide all the benefits of fast, secure, convenient, and inexpensive cryptocurrency transactions, in tandem with the world’s first cryptocurrency payment protections, which consumers need to fully embrace blockchain technology en masse.

UTRUST ICO and Tokens

UTRUST’s public ICO is set to go live on September 20th, 2017, with each of the 7 upcoming ICO rounds beginning immediately after the previous round has sold out, bringing UTRUST to $50 Million of funding.

The company will use the collected funds to establish key industry partnerships and to develop the world’s first PayPal-like cryptocurrency payments platform. The ERC20 compatible tokens are created over the Ethereum protocol, and can be used as a means of payment on UTRUST’s payment gateway along with other cryptocurrencies.

UTRUST’s token can be used for making zero fee payments to the thousands of merchants accepting any cryptocurrency via UTRUST, and be traded against other currencies on supported exchange platforms.

UTRUST will allocate a certain portion of the revenues to buyback and destroy the tokens in circulation. Being a deflationary currency by design, the demand for UTRUST tokens will increase with time, which combined with buyback should lead to appreciation in its market value.

To learn more about UTRUST’s ICO please go to: https://utrust.io/ico

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Using the Blockchain in the Oil Industry

Could blockchain technology help stabilize oil prices?

 

 

 

 

 

 

 

 

As the price of oil remains in the high-$40, low-$50 range, every cog in the oil industry is scrambling to reduce costs and streamline sales.

The oil industry has long been a leader in the adoption of different technologies. But, despite advancements made in recent years, even pushing breakeven costs to record lows, the industry is widely ignoring one of the most important developments of the century. Blockchain technology.

Blockchain tech – the “Buzzword of 2017” describing the “Internet in the 1990s” – is seeping into every major industry that it touches.

Finance

As we enter a whole new world in finance and technology, confidence and efficiencies in banking may be at an all-time low. Many financial institutions are scrambling to find solutions to reduce errors, speed up transactions, and provide greater transparency, which customers are demanding. This has led the financial sector toward the implementation of smart contracts and distributed ledgers. Blockchain is catching on so quickly, in fact, IBM expects 65 percent of major banks to be using blockchain technology in some fashion within the next 2 years.

Blockchain technology is already being used in bond transfers, remittances, fraud reduction, payment processes, and trading platforms. Transactions are processed quickly, safely, and with significantly greater security, saving banks millions in the process.

One of the largest impacts that this technology may have on the banking industry, however, is the “Know your customer” process in which banks identify their clients with the goal of preventing money laundering, corruption and terrorism. The financial sector spends anywhere between $60-million and $500-million each year to remain compliant with these regulations. Because a blockchain is public ledger, the transactions are more transparent, allowing information to be accessed more easily and without a long turn around.

These revelations have even led major governments to delve into blockchain technology.

Government

In another recent study by IBM, 9 out of 10 government organizations have suggested that they will be using, or at least experimenting with blockchain technology by the year 2018. This new tech can be appropriated in astounding ways by governments. Distribution of social services, contract management, regulatory compliance, identity management, and even voting and tax collection stand to be impacted significantly.

The technology is taking hold especially fast in the world’s largest oil producing region. The race is on in the GCC to adopt blockchain tech, and UAE is in the lead.

With the “Dubai Blockchain Strategy,” the smart city aims to utilize blockchain tech in all government entities by the year 2020. “We’re taking the responsibility here in Dubai to make sure that we shape this nascent technology and make it happen in a way that really suits [the] city’s needs,” said Dr Aisha bin Bishr, the director general of Smart Dubai Office. It is estimated that the city will save $15-20 billion per year in banking transactions alone. Further efficiency gains in land contract management, payment collection, and business registration and licenses are sure to propel the city into a fintech future.

Perhaps the most important disruption to note, however, is where the public and private sectors meet.

Oil

As the demand for efficiency and transparency continues to grow, the oil industry is at a crossroads. Still using paper contracts and outdated trading platforms, the implementation of distributed ledgers and smart contracts could leapfrog the industry into the digital age. While it may not seem as exciting as submerged oil rigs or robot controlled power grids, revamping the Big Oil’s back office stands to save the industry a whole lot of money going forward.

One of the biggest impacts that this technology will have on the oil industry is in how oil and oil futures are traded. Right now, oil being traded at such incredible volumes through producers, suppliers, contractors, subcontractors, refiners, and retailers, that attempting to keep up with the real-time movement of crude is often in vain. With a scaled blockchain, transactions will happen instantaneously, allowing anyone and everyone to track the transactions – reducing costs, stabilizing prices, and providing a level of transparency which was previously impossible. Marco Dunand, CEO of Swiss trading giant Mercuria noted:

“The energy industry will have to digitalize more and more in oil production, refining, shipping. So traders will also have to participate. It is a pre-archaic process. So introducing blockchain will allow to pass title from buyer to shipper to seller without going through massive paperwork of bills of lading.”

But there are other benefits, as well…

The oil and gas industry is heavily regulated and enforcers of the regulations may struggle to keep up, but using blockchain technology, all data is secured and easily accessible at any given time. This is a plus for the regulators as it will help keep Big Oil in check, but it is also a huge leap forward for the industry. This form of data sharing brings a new level of communication and transparency into global collaborations from which complicated lawsuits and lengthy legal processes often emerge. Additionally, shareholders will be able to follow exactly what is happening in the industry, enabling them to make more educated decisions in how they invest their money.

Conclusion

In such a globally connected economy, the impact of transitioning to blockchain tech will be profound and will likely turn any industry on its head.

In particular, the oil industry.

Rig counts and production data will be available in real time, freely available to anyone. Regulatory compliance will be easily tracked. Data will be shared seamlessly between joint ventures. The time it takes to cut a deal will be reduced significantly. And perhaps most importantly, the middle man essentially disappears, reducing costs for every sub-section of the industry.

Even if the oil industry has lagged behind in adopting this technology, it is bound to happen. As oil prices struggle to find stability, the industry races to reduce costs, and consumers increasingly demand greater transparency, could this new tech be the answer?

So much for drilling for oil as it relates to the blockchain. What about mining for crypto-currencies? For more information on how you can take advantage of that, click here.

Jon Bowler

 

Markethive: Inbound Marketing at its Best

Markethive: Inbound Marketing at its Best

Wikipedia describes Inbound-Marketing as follows:

Inbound marketing provides information, an improved customer experience and builds trust by offering potential customers information they value via company sponsored newsletters, blogs and entries on social media platforms.

Marketing strategist David Meerman Scott says that inbound marketing allows marketers to "earn their way" into a customer's awareness rather than invading their awareness through paid advertisements.

Compared with outbound marketing, inbound reverses the relationship between company and customer. In fact, while outbound marketing is going to push the product through various channels, inbound marketing creates awareness, attracts and helps new customers with channels like blogs, social media, direct mail etc.

The Markethive Platform:

Tom Prendergast, Markethive CEO, has built an awesome tool that encompasses all aspects of inbound-marketing into one platform.

These tools include blogs, blog-casting, email campaigns, lead-capture pages, and autoresponders to name a few. Through plugins, content can be automatically posted to scores of social-media sites.

Come join one of our free webinars and take a look for yourself. We provide easy access, without the need to register.