ICOs, Venture Capital and Corporate Investments: A Review of Leading Blockchain Trends

How does blockchain work and how to make money on it? What platforms are suitable for making money on blockchain? Can investments in blockchain projects bring profit?

Probably everyone who uses the Internet has heard the word “blockchain”. But not everyone understands what is hidden under this term.

The media and bloggers write about blockchain technologies, state leaders, economists, businessmen, cryptocurrency miners and everyone who keeps up with the times talk about them. If you still don't know what blockchain is , this article will fill the knowledge gap.

Denis Kuderin is with you, an expert on the HeatherBober portal on financial and economic topics. I will tell you what blockchain is, how to make money using this technology , and why encryption of data on the Internet is so important.

Let's sit back and read to the end - in the end you will learn how to use blockchain technology in various business sectors and which platforms for creating blockchain-based applications are the most popular.

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What is blockchain - just about the complex

There is an opinion that the widespread introduction of blockchain technology will produce the same global changes in the world that were caused by the invention of the Internet and smartphone.

Cryptographic data encryption will penetrate into all areas of our lives in the near future and will have a tremendous impact on the economy, financial structure and even politics.

Why is blockchain so interesting? It's simple: this technology is nothing more than a revolutionary new way of storing and transmitting data - without intermediaries and other difficulties that inevitably arise when handling money, information and documents.

But let's take it in order.

Blockchain is a continuous sequence of information blocks (database), built according to certain rules. The literal translation from English exactly reflects the essence of the term – “block chain”.

For the first time, such data distribution was put into practice in 2009 when creating the world's first cryptocurrency - Bitcoin.
Thanks to the blockchain, all transactions with Bitcoin occur without intermediaries and in a safe mode - from user to user. This ensures the speed of transactions - without the need to pay banks and payment systems for intermediary services. All the details on this topic are in the article blockchain wallet.

In a broader sense, blockchain is a way to store and securely transfer any information blocks:

• money transfers;
• contracts, transactions and agreements;
• confidential information;
• property rights;
• personal data of the citizen;
• any other files that require saving and checking.

The main “trick” of the technology is that information is not stored somewhere in one place (on a common server), but is distributed across all computers connected to the network. In this case, all users have access to the register of operations with encrypted blocks. For example, all transactions with bitcoins are stored publicly on the Block Explorer resource.

Globally, blockchain technologies have been actively developed and used since 2014. Now billions of dollars are being invested in such projects, and all large companies have full-time specialists in the study of “chains”.

Each block of information in the blockchain is protected by encryption . Only the user who has the secret key for this record has access to the data. The blocks are linked into a chain using complex mathematical algorithms, with each individual segment connected to the previous one and has a mark corresponding to the time of its creation.

The appearance of each new block leads to an automatic update of the registry, and it is almost impossible to change it in any way on all computers at once. It is this property that guarantees the circuit the highest level of security. Hackers, no matter how brilliant they are, will not be able to gain simultaneous access to all computers on the network.

I will list all the advantages of blockchain technologies:

• There is no centralized control - no one controls the network from the outside;
• Reliable encryption – anonymity and confidentiality in a public environment;
• Instant synchronization – information in blockchains is updated simultaneously for all participants in the system: data does not need to be coordinated, double-checked or copied;
• Secure conclusion of transactions, agreements, contracts - data is transferred without intermediaries and is inaccessible to third parties;
• The entries in the chain remain unchanged - they cannot be changed “retrospectively”;
• Speed ​​and accuracy of transactions – fund transfers are carried out instantly and do not require the services of third parties.

Optimistic blockchain proponents believe that the technology will put an end to corruption, bureaucracy, dishonesty in commercial transactions and various forms of fraud in the near future. Agreements concluded using the “chain” are carried out in enhanced security mode and are free of the risk of double interpretation.

If we are talking about the pros, we must also talk about the cons, since nothing is perfect in the world. So far, blockchains are not productive enough and cannot provide the required number of transactions in developed global payment systems.

For example, when transactions with cryptocurrency (bitcoin), which should in theory be instantaneous, you have to wait for confirmation of the transfer, which takes from several minutes to several hours.

The main thing about blockchain technologies in this video:

How Blockchain Works – 5 Main Steps

The unofficial name of blockchain technology is the “Internet of Values.” With the help of a block chain, each user can easily send any valuable data to another user at any time. Only those who have the private key will have access to them.

Of course, in theory, such a key could be stolen from your computer or from other media by third parties, but attackers can also steal your money. True, saving code is much easier and simpler than physical assets .

Let's look at how blockchain works using the example of transferring money from one person to another.

Stage 1. Transmission of transactions to the network

Let’s say Petya, a Russian citizen, wants to transfer money to Vasya, who lives in another country. Petya categorically does not want to use bank services - he is not satisfied with the amount of commissions.

He decides to use the blockchain and transmits his transaction to a network consisting of peer computer nodes.

Stage 2. Formation of transactions into a new block

On the network, this transaction is confirmed using special algorithms and is formed into a new block - a link in the overall chain. The new operation is added to the end of the existing chain, given a link to the previous link and a timestamp.

This creates a new unique block.

Stage 3. Distribution of blocks for verification to all system participants

New blocks are sent for verification to all participants in the system, and each one enters them into their database. This database exists on all computers simultaneously. The addition of a new block is automatically and simultaneously reflected in the general register.

Stage 4. Getting the block into the chain

The new block receives a unique signature (place among other blocks) and becomes part of the updated system containing information about all transactions. This information is available to everyone, but the content of the block itself is only available to the people for whom it is intended.

Stage 5. Final stage of the transaction

Vasya receives the transfer via the blockchain system. He has his own unique key , which gives him access to the contents of the cell.

Money transfers are just one of hundreds of uses for technology. In the next section, we will look at the most popular uses of blockchain.

Pros and cons of investing in blockchain projects

Opponents of the system criticize such investments:

• the importance of digital currency is overrated;
• forecasting a rapid decline in excitement and depreciation of investments;
• low speed of processing operations;
• lack of total control and, accordingly, minimal safety when working with such projects.

In turn, supporters are promoting blockchain investments, focusing on the advantages of the system:

• Ideal for the financial sector, especially for the currently imperfect scheme for international currency payments, blockchain investments will reduce the time period for conducting transactions and penalties for transfers;
• the user’s personal information is always at hand: servers allow you to download all the data and not search for it every time - now everything is at hand, personal identification occurs automatically;

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• for the public sphere - this is transparent electronic voting with verification of voters, excluding fraud with ballots;
• will help you forget about copyright violations and protect your intellectual property rights;
• decentralization of management: each network participant is a part of the mechanism, there is no single center for controlling the system;
• data safety, while there is a ban on editing the personal information of other users or deleting anything;
• Consensus algorithms are in place - this guarantees the security of any user transactions;
• optimal transaction speed: blockchain networks are peer-to-peer, this reduces the cost of services for checking transfers by third parties;
• There are no time restrictions, work occurs on a 24/7 basis.

The publicity of blockchain and open politics make it so popular among the general public

Positive feedback allows us to make a forecast about the imminent introduction of virtual technologies and increased productivity of working with such systems.

The lack of legislative regulation requires a solution as quickly as possible - this will ensure the most fruitful activities of organizations and a guarantee of investment growth.

Technology is gradually being introduced into the information business field of domestic entrepreneurs

How is blockchain used – 5 uses of the technology

Blockchain will become more and more widespread in both digital and real-world activities. In theory, the technique is applicable for any transactions between individuals and legal entities where there is an element of mistrust.

For example, in any purchase/sale transaction there is a risk that the buyer will not receive the goods, and the seller will not receive payment. Block technology will make such transactions reliable and secure.

A smart transaction is carried out according to the “if, then...” principle - the key is transferred only if certain conditions are met. Otherwise, the parties to the transaction remain to their own.

Any operations in which there is a risk of changing data at the input or output, the blockchain will eliminate such risk. Any files that are included in the sequence of blocks can no longer be removed from there and replaced with others.

Let's consider the most promising options for using the technology.

Option 1. Confirmation of authorship

Blockchains will help authors protect their intellectual rights to a product. Any creative product (invention, technology, text) will become unavailable to third parties.

Blockchain is a secure data transfer

If the owner wants to transfer his rights to another, he will conduct the transaction in a secure mode. Such transactions are called “smart trades”. There are already platforms through which “smart contracts” are executed.

Option 2. Operations with gold, raw materials, goods

Transactions for the sale and purchase of gold, platinum, valuable raw materials and large quantities of goods are always associated with risks. The use of blockchains and internal cryptocurrency in this area will secure such transactions to a minimum level.

Option 3: Data management

Not only financial management, but also any other data often requires compliance with security rules.

Blockchain decentralizes the storage of information - if information is stored simultaneously on thousands of computer nodes, it is almost impossible to change, falsify or delete it.

In addition, it is cheaper than using servers and other traditional storage technologies. There is no need to spend huge amounts of money on protection against hacking and intrusion.

Option 4: Identification and confirmation of access rights

Blockchains are already being used by some large companies to identify their customers (employees or users) and give them access to information that is not intended for outsiders. This is much more reliable and cheaper than any other methods of confirming access rights.

Option 5. Voting

Electronic voting supported by blockchain will provide participants with anonymity and reliability of the results . Since it is impossible to falsify blocks entered into the chain, it will be impossible to change the final ratio of votes after the end of the voting procedure.

Areas of application of blockchain - comparative table:

How to make money on blockchain - TOP 5 business ideas

If just a year ago the future of technology seemed uncertain, today it is already clear - this is a promising area, investments in which promise multiple returns.

We offer five of the simplest and most understandable business ideas based on the use of blockchain technologies.

Business idea 1. Introduction of blockchain technologies to successful companies

Now only the most advanced companies use blockchain technologies; tomorrow they will be used by everyone. Blockchain programs and algorithms themselves are an expensive and difficult thing to implement, but going against progress is more expensive.

After all, all the big banks are: it's better to do it early and get a head start.

If you have blockchain developments and access to technologists of financial organizations, you have a good chance of selling your services profitably. Emphasize that working without intermediaries is profitable and will save companies more than one million a year.

However, there is a catch: Bitcoin, the most convenient currency for the blockchain, is not used by banks and large financiers. Simply because crypto money has not yet been recognized by the state.

Business idea 2. Issue of tokens and exchange for cryptocurrency (ICO)

Now there are hundreds of different cryptocurrencies in the digital space. You have the right to develop and implement your own virtual money.

The action algorithm in a simplified version is as follows:

1. The ICO team sells digital tokens to everyone - devices for identifying users and ensuring data security. Tokens are sold for bitcoins, litecoins and other popular cryptocurrencies or even fiat (real) money.
2. A new cryptocurrency is put into circulation, after which it is used as an internal means of payment for the project or sold on cryptocurrency exchanges.

The main task is to inspire confidence and enthusiasm among potential investors. To do this, the project must be completely legal, transparent and open. Otherwise, the idea will be too similar to hype.

Tokens, in their functions, are a bit like shares and provide future dividends, but unlike securities, they do NOT provide legal ownership of a share in a future project.

However, investors do not buy them out of personal sympathy for the organizers. They hope to make quick and high profits. ICO projects are based on a wave of unrelenting interest in cryptocurrencies. For some cryptocurrencies, other cryptocurrencies are issued and third ones are purchased with them.

Business idea 3. Cryptocurrency lending

Cryptocurrency loans are becoming increasingly popular among active users of modern technologies.

There are existing decentralized platforms that issue cryptocurrency loans to everyone. Borrowers use credit funds either to purchase ICO tokens or for trading operations on cryptocurrency exchanges.

Business idea 4. Opening an exchange or bitcoin payment services

There are already dozens of cryptocurrency exchanges operating on the network, and each of them hosts hundreds of exchanges, purchases, sales and other manipulations every day. Each such transaction brings a certain percentage to the owners of exchanges: they receive money only for providing a platform for trading operations.

The number of payment services with bitcoins, ethers and other digital currencies is also growing by leaps and bounds. Even bookmakers and pizza delivery companies have started accepting bitcoins.

It's time to join the trend and open your own network resource, powered by secure and advanced blockchain technologies.

Business idea 5. Registration of copyright or legal rights in the blockchain

Another option for a service that uses “chain” technology. While there are few such sites, their popularity will inevitably grow. If you start competent promotion now, in a year there will be no end to clients.

Read more about ways to use the technology in the article “Blockchain training”.

Reliable investments on the Internet

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Pulsar is designed to make original, technically challenging ideas a reality

The ICO has already started. It happened on November 13th. The pre-sale will end on May 13, 2018. 1 Pulsar token is equal to 1 dollar.

about the project

Pulsar Venture Capital is a platform designed to provide financial assistance to all kinds of startups conceived by companies from different countries.

The goal is to provide investment in promising projects based on smart contracts and blockchain.

Investors will be able to finance the implementation of ideas and technical solutions that will bring good dividends in the future. The platform tokens are liquid and will soon be sold on cryptocurrency exchanges.

Pulsar is a private limited company governed by the laws of the Isle of Man. In the rating of business accelerators of the Russian Federation (UBI Global version), compiled in two thousand sixteen and two thousand seventeen, the fund took a leading position. The business accelerator, which appeared thanks to the fund, allows domestic startups to enter the international market. Every year, ten to twenty companies receive financial assistance from Pulsar.

Why was the ICO necessary?

Qualified investors had the opportunity to invest in the most promising startups that are in their infancy. A proven and reliable model will be implemented, which includes comprehensive preliminary testing and support.

About the acceleration and investment process

1. Selection stage. About five hundred startups a year apply for participation in the acceleration program.
2. Ten to fifteen startups are selected Attention is paid to the presence of a prototype, team composition, and business competitiveness.
3. Accelerator. The acceleration program lasts six months and takes place in Silicon Valley, Ireland, and the Russian Federation. One hundred thousand dollars is required as an investment.
4. The total duration of training is about one hundred hours. Classes are taught by mentors who are successful investors, talented entrepreneurs, and respected experts in various fields. Startups are called upon to improve the market strategy and create an effectively functioning business model, attract new partners, improve the product, and familiarize potential investors with the project. Meetings are held in Kazan, San Francisco, Moscow, Dublin.
5. Go Global and Win. About two million dollars are invested by Pulsar in promising companies, thereby increasing the share that contributes to raising the next round of financing. It is planned to launch in the North American, European, Asian, and British markets. This will be done through the use of a network of local partners, thanks to whom the business will become successful.

ICO

The ICO started on November thirteenth. Its duration is determined to be six months. Pulsar tokens issued on Ethereum will be put up for sale. The amount allocated for the ICO is limited to fifty million dollars. The minimum investment is one tenth of Ethereum. Bitcoins will also be accepted as payment for tokens. Preliminarily, one Pulsar is priced at one dollar. One million seven hundred and fifty thousand dollars will be needed to pay for a fifty percent share in a portfolio consisting of twenty-nine Irish, American, and Russian startups. In four years, the current portfolio has become worth four and a half times more.

The remaining twenty-eight million two hundred and fifty thousand dollars will be invested in three dozen new startups. This investment stage will last five years. It is planned to cover the costs associated with the ICO and management activities from the same amount.

Conclusion

Many promising ideas remain unrealized. The creators of Pulsar are not happy with this state of affairs, and they are determined to correct the situation.

The project team

More information can be found here:

• Official site
• WhitePaper project
• Bitcointalk forum thread ANN Thread
• Official Telegram
• Author profile on BitCoinTalk
• Author's email:

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