Viral Media Today

Tag: Blockchain

  • #CryptoCup – A Virtual World Cup Blockchain Game Is Going To be Your Next Addiction

    #CryptoCup – A Virtual World Cup Blockchain Game Is Going To be Your Next Addiction

    #CryptoCup - A Virtual World Cup Blockchain Game Is Going To be Your Next Addiction 1 - Viral Media Today

    Last month I wrote about a blockchain startup called Velix.ID which is an identity verification platform. I love services built using blockchain. Today I bring you #CryptoCup, a virtual world cup game built on blockchain tech which revolves around the 2018 World Cup hosted by Russia. It’s created on the public Ethereum(ETH) blockchain, you can easily verify the transactions. This is the beauty of blockchain, you can check every transaction and verify its authenticity. #CryptoCup uses smart contract and you can see all the transaction here.

    Let’s talk about #CryptoCup and how it works.

    You start by buying teams you want, there are around 40 teams and each them have a base price. You pay using ETH by interacting with the CryptoCup Smart Contract. Each team you buy is registered against your wallet and stays with you until and unless someone decides to pay more and buy it from you. You will get a part of the transaction when someone buys your team. As the teams are bought by more people the prices go up after the team is transferred to the new owner.

    You can earn in 2 different ways, one by trading teams or by winning some of the prize fund as a team progresses through the knockout stages.

    #CryptoCup - A Virtual World Cup Blockchain Game Is Going To be Your Next Addiction 2 - Viral Media Today

    The ultimate price is the knockout price, if you are an owner of a team which wins the tournament you will get a good portion of the knockout fund which was generated when the team was purchased by new owners.

    Head over to cryptocup.online and purchase your dream team right now. You can purchase as many teams you want. Let me know through the comments once you make a purchase. This World Cup season going to be a bit more competitive for sure.

    More Blockchain news coming up soon. Like my Facebook page and follow me on Twitter for future updates.

  • This Blockchain startup Will Fix One Of The Biggest Issue We have Been Facing

    This Blockchain startup Will Fix One Of The Biggest Issue We have Been Facing

    If you live in India, you might have noticed that one of the topics of discussion all over the media, is the safety of Adhaar card which is managed by the Unique Identification Authority of India. A security researcher from France has claimed that he was able to collect 1000 of Aadhaar cards within hours. Adhaar card like any other document when submitted to a 3rd person is at risk. Anyone could use your documents without your consent. Identity theft is one of the major issue faced by individuals all around the world.

    This Blockchain startup Will Fix One Of The Biggest Issue We have Been Facing 1 - Velix.ID - Viral Media Today

    I just came across a platform which can fix all these issues. The platform is named Velix.ID. At first, I was sure about it but I spend a couple of mins on their website and was mind blown. Velix.ID is a blockchain based decentralized global platform for frictionless identity verification. While mucking around their site, I thought of different ways on how to get around their system. I couldn’t think of one. It’s very neat and secure. If you ever used 2- Factor authentication, you will understand what is Velix.ID. Don’t get me wrong, even though they are similar, they use different technologies. Velix.ID uses the amazing blockchain technology which is transparent, decentralized & secure. Our personal data is stored on our mobile device instead of the main server. If anyone wants to access your information, they won’t be able to do it without your consent. When an organization wants to verify your identity, they can request for it and you will get a confirmation screen on your device, from there you can reject or approve the request.

    This Blockchain startup Will Fix One Of The Biggest Issue We have Been Facing 2 - Velix.ID - Viral Media Today

     

    Know your customer(KYC) is mandatory for all the digital payment wallets in India. While most of them have electronic KYC, there are still who haven’t done this because building an e-KYC platform requires a lot of investment, so these wallets who can’t afford this sticks to the old method of in-person customer verification. I still haven’t done a couple of KYC’s’s because they don’t have e-KYC. Velix.ID is not yet ready for the public but I am sure organizations who can’t afford to build verification from scratch can go to Velix.ID. Sign up here to become a partner.

    I saw couple use cases on their site and I can say the future is bright. Check out their website and learn more about them. Be a part of this amazing platform by participating in their token sale. I am excited to try out Velix.ID soon!