Global cryptocurrency platform Liquid.com (“Liquid”) has been selected by Gram Asia, the largest holder of Grams from Asia, to lead the upcoming public sale of Telegram Open Network (“TON”). Gram is the native token of TON Blockchain, a decentralized network being developed by privacy focused messaging platform Telegram. The Gram public sale will be hosted on the Liquid platform (“Gram token sale”).
The Gram token sale has been highly anticipated by the public markets and can only be bought once it is released on secondary listing platforms such as Liquid. Liquid had hosted its own Qash token sale successfully in 2017, selling out 350 million Qash tokens, equivalent to US$105 million, in three days. Liquid is the exclusive platform for the Gram token sale globally. The Gram token sale will take place on Liquid on the July 10th 2019, 8am UTC. Participants of the Gram token sale on Liquid will be able to purchase Grams with the following currencies: USD and USDC. All Gram token sale participants on Liquid will need to have a verified and funded Liquid account in order to qualify for the offering. Minimum electronic verification requirements to participate in the Gram token sale include submitting a government ID and a selfie. All documents can be submitted online on Liquid, with the assistance of a 24/7 live chat team.
Liquid will have TON-compatible wallets integrated into its platform, where Gram token sale participants will have their Grams delivered upon the launch of the public mainnet launch of the TON Blockchain, which is expected to take place by October 31st, 2019. All proceeds from the Gram token sale will be kept in custody of Liquid and will be fully refunded in the event the TON mainnet is not launched.
Telegram Open Network is a fast and inherently scalable decentralized multi-blockchain architecture, designed to be the first mass-market cryptocurrency project. Relying on its 10-year experience of building highly-encrypted distributed data storage systems in user-friendly interfaces, Telegram is uniquely positioned to realize a truly decentralized digital economy saturated with goods and services sold for Grams. Telegram will drive demand for the TON blockchain by leveraging its existing ecosystem of developers, publishers, payment providers, merchants and most importantly, its 260 million users.
In April, a private beta testing of the TON testnet has been launched to a limited number of global developers. Preliminary findings from setting up TON blockchain nodes in these developer labs revealed “extremely high transaction speed“, as reported by Russian-language business daily Vedomosti.
In the same month, TON Labs, an independent company focused on developing the core infrastructure projects for TON, inked a partnership with Wirecard AG, a global payments services company, to develop a joint platform for digital financial services, payments and banking.
According to Cointelegraph, an internal memo sent to investors in May reportedly said: “[the recent] test process reaffirms our belief that the TON virtual machine and the TON-specific Byzantine consensus algorithm are capable of meeting the goals stated in the original White Paper.”
Cointelegraph further revealed a repository that includes a preliminary version of the TON Blockchain Lite Client along with the relevant portions of the TON Blockchain Library necessary for building and deploying smart contracts in a test-version of TON Blockchain.
Developers can now install a configuration file to connect the lite client to a test server. Developers can start creating new smart contracts, audit the state of existing smart contracts, send external messages to smart contracts, among other capabilities. Fift, a programming language specifically designed for creating and managing TON Blockchain smart contracts, can also be deployed to compile, execute, and debug smart contracts.
Mike Kayamori, co-founder and CEO of Liquid said: “We are excited to be partnering with Gram Asia to launch the Gram token sale, which is wonderful news to our community who are native users of Telegram. We share the vision for a more secure and open value transfer system in order to enable the mainstream adoption of cryptocurrencies. The TON Blockchain infrastructure can help enhance Telegram’s current capabilities as a peer to peer network of value, with the launch of their cryptocurrency light wallets for Telegram’s highly engaged user base.”
Dongbeom Kim, founder and CEO of Gram Asia said: “The Gram token sale is the first step towards The Open Network, a truly decentralized form of TON blockchain. Gram Asia, as the largest holder of Grams from Asia, is excited to bring the opportunity for retail investors to join the TON ecosystem. As the first Japan FSA licensed global exchange, Liquid has demonstrated strong governance capabilities for protecting its users; therefore, I firmly believe Liquid is the right partner to launch this historic token sale. We are excited to invite all believers in Telegram’s vision, globally and in Asia, to build on top of TON, leveraging the critical mass of Telegram’s user base.”
Interested participants of the Gram token sale can register for a free account on Liquid at https://liquid.com, with no minimum deposit fees.
Supply Chain Management Association Becomes Supply Chain Canada
At its AGM yesterday, the Supply Chain Management Association announced its name change to Supply Chain Canada. The association also launched a new website as part of an overall rebranding initiative.
“The new name and look are part of a transformation that we have undertaken as the association enters its second century,” said Christian Buhagiar, President & CEO of Supply Chain Canada. “Today’s supply chains are dynamic and fast-paced. The association for Canada’s supply chain professionals must reflect that.”
Through the rebranding process, the association has also acquired a meaningful new logo and tagline, “Professionals advancing the future.”
The logo’s maple leaf design not only conveys our nationality; it also represents the connectedness of the supply chain, illustrating the networks and collaboration that are so essential to supply chain success, and the interconnectedness of the association’s federation, institutes and members. Its connected dots can be seen, as well, as the complex route of a global supply chain.
“Professionals advancing the future” succinctly communicates both the professional status of supply chain practitioners and their forward-looking perspective. It is intended to:
- Elevate the perception of supply chain practitioners as professionals, acknowledging the value they bring to their organizations and to the Canadian economy.
- Encompass the several ways that the association and its members “advance” – in their personal careers and knowledge, and for the profession, the country and the economy.
- Express the future focus of the association – with its emphasis on the development of skills and policies – and of the supply chain itself, now so focused on AI, blockchain, robotics, automation and so on.
The new website, now at www.supplychaincanada.com, is enhanced with a modern look and new functionality that enables location-based content for users across Canada.
These changes are not simply style enhancements. They are part of a larger plan to strengthen the association. Supply Chain Canada consolidates the organization’s brand across the country under a single name in every province and territory, removing any possible confusion from its federation structure. “The unity that this will ensure will help us improve recognition in the sector, and thereby provide stronger leadership to the Canadian supply chain community,” said Buhagiar.
The association’s transformation began in 2018 with a new vision and mission, as well as an ambitious three-year strategic plan. The new name and rebranding announced yesterday are part of a larger evolution that will continue over the next two years with the introduction of new and revised educational offerings, new initiatives to engage with industry, more value-added membership benefits and more.
SOURCE Supply Chain Canada
Wirex Launches Enhanced Cryptoback™
Today, payments platform Wirex launched a supercharged update of their revolutionary Cryptoback rewards programme. Customers can now earn up to 1.5% back in Bitcoin on Wirex Visa card purchases.
Released in 2018, Cryptoback was the world’s first rewards programme that paid out 0.5% in cryptocurrency for all in-store spending with the Wirex Visa card. Thanks to the recent launch of the Wirex Token (WXT), customers can now triple the amount of BTC they earn – making investing in cryptocurrency easier than ever before.
Depending on the amount of WXT held, in-store Wirex card purchases now generate up to 1.5% in Bitcoin. There are three levels of crypto rewards available:
- 500,000 WXT = 1.5% Cryptoback
- 100,000 WXT = 1.0% Cryptoback
- 50,000 WXT = 0.75% Cryptoback
Wirex have calculated that the average UK consumer stands to earn more than £300 in Cryptoback every year, just by using their Wirex Visa card for day-to-day spending. Unlike many other cashback programmes, Wirex doesn’t impose restrictions on what customers can do with their rewards. Cryptoback can be redeemed instantly into their Bitcoin accounts, or quickly and easily exchanged into fiat for spending.
Enhanced Cryptoback is just one of the ways that holding Wirex Tokens allows customers to get even more out of their account. They can also enjoy heavily discounted fees based on the same structure, with access to premium products, merchant offers and airport lounges coming soon. As Wirex co-founder Pavel Matveev explains:
“We created the Wirex Token to be something that provides tangible value and benefits for holders beyond its market trajectory. Enhanced Cryptoback is the perfect example of this, as it allows customers to earn and invest in digital currency with a minimum of fuss. We’re looking forward to introducing even more benefits for WXT holders soon.”
Export Portal to Address Best Practices in Sustainable Trade Facilitation at the Asia-Pacific Trade Facilitation Forum
Export Portal CEO Ally Spinu will be adding her take on the alignment of trade facilitation and sustainable development goals at a session at the 9th Asia-Pacific Trade Facilitation Forum (APTFF) in New Delhi.
“The Asia-Pacific region is a wealth of unexplored opportunities which lay deep in the communities of local businessmen and women that just need support in bringing their amazing products to the world to see and buy,” Ms. Spinu said. “I am looking forward to this event and being a part of the change that will help local businesses from this part of the world sell their products globally. I deeply believe that shifting attention to developing SMEs is the major change international trade and local economies have been waiting for.”
This year’s APTFF will focus on how digital and sustainable trade facilitation measures and practices can bring prosperity in the Asia-Pacific region. The forum will investigate opportunities from trade digitalization for sustainable progress of the area and challenges ahead in materializing such opportunities. APTFF will feature panel discussions as well as interactive and informative sessions. These sessions will allow participants to share experiences and perspectives on different aspects of trade facilitation, including trade finance, cross-border eCommerce and paperless trade, transit, innovative application of emerging technologies, and more. APTFF will bring relevant regional initiatives and implementation cases to each session, making it a unique opportunity to share knowledge and practical lessons. The forum will also include many side-events providing a more in-depth exploration of the pertinent trade facilitation issues.
“Agricultural products are the fastest category and industry growing within Export Portal, and I can say that is just natural that SMEs around the world are actively looking for new ways for selling their products around the world,” Ms. Spinu said. “The role of innovative technologies such as Export Portal is crucial in helping these SMEs integrate within the world supply chain of food with ease and at optimal costs. I want to explain the current issues existing within SMEs’ integration in international trade due to the high cost involved and how technology slowly but surely changes this.”
Export Portal’s trade goals align directly with the purpose of this session, as its international B2B trade platform is an affordable and all-encompassing solution for SMEs all over the world. The features that are available and being developed on Export Portal, such as the panel of experts (EP+), the educational hub (EPU), and data flow insights (EPI), provide SMEs with the resources they need to trade effectively on an international scale safely, securely, and efficiently.
The Digital and Sustainable Trade Facilitation for Regional Prosperity session is co-organized by ADB, ESCAP, Ministry of Commerce, India and Confederation of Indian Industry and will be held on Wednesday, September 18, from 9:00 to 10:45 AM.
SOURCE Export Portal
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